Wednesday, 6 January 2016

Indian Stocks 6 January 2016

Nifty50 opened flat, hovered around 7780 level, slided to make day's low at 7721, bounced to 7750 and finally closed 0.56% lower at 7741. Indian Volatility Index-IndiaVix traded in RED and closed in RED. NSE Advance Decline Ratio (ADR) opened above one, hovered around two and continued to slide to close below one.
On NSE, USD- INR January expiry future closed 0.33% higher at 67.04 INR. 

NiftyMetal Index closed 1.8% lower. Bank Nifty closed 0.66% lower. NiftyIT Index closed 0.2% higher. NiftyAuto Index closed 1.22% lower. NiftyFMCG Index closed 1.8% lower. NiftyPharma Index closed 0.58% lower.

Reliance closed 2.38 % higher. TataSteel closed 2% lower. ICICI Bank closed 2.5% lower. SBI made fresh 52 week low and closed 0.34% lower. PNB and Canara Bank also made fresh 52 week low and closed in RED. Infy closed 0.5% lower. TCS closed 1.4% higher. SunPharma closed 1.1% lower. TataMotor closed 2.5% lower. Oberoi Reality closed 0.7% higher.  

On NSE, Turnover in Equity segment was  HIGHER than previous session, whereas Turnover in Derivative segment was HIGHER  than previous session. As per EoD provisional statistics, FII/FPIs sold equity worth 352 crore INR(net), and DIIs bought equity worth  13 crore INR(net).

At the end of session, India Vix is placed in RED. NSE ADR is placed below one. Both these together indicates neutral. In upcoming session Nifty is likely to test 7680 support.


Disclaimer :-
Writer may have position in market/s as per risk profile and market condition. Reader/s must consult financial adviser/s, while acting on provided information. Writer may have discussed similar things with friends in group. 




Written Date :  6 - January - 2016  23:00 hours  IST

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