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Market update 5th June 2020. Market ends week in a positive way.

Market update 5th June 2020. Market ends week in a positive way.

 

Overall performance:

Today, Indian indices ended on a positive note majorly supported by Banking, Auto, Metal and Infra sector stocks. When market closed, SENSEX increased by 306.54 points or 0.90%, closing at 34,287.24 and NIFTY was up by 113.05 points or 1.13%, closing at 10,142.15. Almost all the sectors ended on positive note expect FMCG. The S&P BSE midcap index was up by 220.87 points or 1.79%, closing at 12,554.16 and S&P BSE Small cap increased by 290.38 points or 2.51%, closing at 11,855.17. While, NIFTY Midcap 100 closed at 14,158.05 up by 245.25 points or 1.76% and NIFTY Small cap 100 closed at 4,423.10, increased by 144.55 points or 3.38%.

 

Global indices and commodities:

When Indian market closed, almost all the global indices were trading at a positive note. SGX Nifty was up by 123 points or 1.23% and trading at 10,147.50. NASDAQ was trading at 9,615.81 down by 67.10 points or 0.69% and CAC was trading at 5,109.45 increased by 1.94% or 97.47 points. While, DAX was trading at 12,616.18 up by 185.62 points or 1.49%.

Currently, Gold is trading at 46,285.00 down by 411 points and 0.91% and Silver is trading at 48,233.00 down by 578 points and 1.18%. Crude oil is trading at 2,897.00 which increased by 80 points or 2.84%.

 

Currency:

At the closing time of Indian indices, USD was trading at Rs 75.58, increased by 0.01%. EURO was trading at Rs 58, up by 0.07% and GBP was trading at Rs 95.44, up by 0.45%.

 

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, Metal and Energy sector. The S&P BSE Auto index increased by 261.22 points. S&P BSE BANKEX was up by 640.71 points or 2.73% while, BSE IT was down by 110.44 points or 0.75%. At closing, NIFTY BANK increased by 644.05 points or 3.16%, closing at 21,034.50 and NIFTY Auto was up by 117.40 points. While, NIFTY FMCG decreased by 79.55 points or 0.27%, closing at 29,542.

 

Top 5 gainers:

Share price of Tata Motors increased by 12.25 points or 12.44%, closing at Rs 110.75, Bharti Infratel gained 17.35 points or 7.93% and closed at Rs 236.25. Shares of State bank of India increased by 13.75 points or 7.90%, closing at Rs 187.80. Tata Steel was up by 19 points or 5.94%, closing at Rs 338.95 and Hindalco shares increased by 6.60 points or 4.63% and closed at Rs 149.25.

 

Top 5 losers:

Today, TCS Shares declined by 43.30 points or 2.07%, closing at Rs 2,048.25. HUL declined by 1.56% or 33.00 points, closing at Rs 2,087.60. Cipla decreased by 9.65 points or by 1.46%, closing at Rs 650.90. Share price of Bajaj Auto fell by 40.95 points or 1.45%, closing at Rs 2,776.30 and Infosys declined by 4.20 points or 0.59%, closing at Rs 703.55.

 

Stock in news:

Most active stocks in terms of volume were Vodafone idea, SBI, PNB, Tata Motors, Ashok Leyland, Tata Powers, Bank of Baroda, NCC, SAIL, Axis Bank, RBL Bank and IDFC First Bank. Among all the sectors, major gain was seen in Auto and Banking sector today. Tata Motors was in news as their share price gained more than 12 percent and closed at Rs 110.75. SBI also gained around 8 percent. Other than these stocks, Shree Cements gained 692.95 points and closed at Rs 22,089.60. FMCG stocks were in news as today almost all the stocks ended on negative note. Nestle fell by 99.75 points and HUL decreased by 33 points.

 

 

Market update 4th June 2020. Market declines marginally after six sessions of gains.

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Market update 4th June 2020. Market declines marginally after six sessions of gains.

Market update 4th June 2020. Market declines marginally after six sessions of gains.

 

Overall performance:

Today, Indian indices ended on low note and broke the six consecutive days streak to close on a positive note. Mostly dragged by banking sector stocks like Bajaj Finance, IndusInd Bank, HDFC Bank and Kotak Mahindra Bank. When market closed, SENSEX was down by 128.84 points or 0.38%, closing at 33,980.70 and NIFTY was down by 32.40 points or 0.32%, closing at 10,029.10. All the sectors ended on positive note expect Banking and Finance.

The S&P BSE midcap index was down by 7.36 points or 0.06%, closing at 12,333.29 and S&P BSE Small cap decreased by 5.86 points or 0.05%, closing at 11,564.79. While, NIFTY Midcap 100 closed at 13,912.80 down by 11.50 points or 0.08% and NIFTY Small cap 100 closed at 4,278.55, increased by 0.40 points or 0.01%.

 

Global indices, Commodities and Currency:

When Indian market closed, almost all other major indices was trading at a low note. SGX Nifty was down by 65.50 points or 0.65% and trading at 10,024.50. NASDAQ was trading at 9,682.91 up by 74.53 points or 0.78% and CAC was trading at 4,999.41, decreased by 0.46% or 14.78 points. While, DAX was trading at 12,410.39 down by 76.97 points or 0.62%.

Currently, Gold is trading at 46,600 up by 501.00 points and 1.09%, Silver is trading at 48,568 up by 114 points and 0.24%. Crude oil is trading at 2,779.00 which is decreased by 1.00 points or 0.04%.

At the time of closing of Indian indices, USD was trading at Rs 75.58, increased by 0.15%. EURO was trading at Rs 84.58, down by 0.01% and GBP was trading at Rs 94.64, down by 0.07%.

 

Sector wise performance:

Among the sectors major gain was seen in FMCG, Auto, IT and Pharma sector and losses was seen in banking and financial sector. The S&P BSE Auto index increased by 30.37 points, S&P BSE IT was up by 267.66 points or 1.86%. While, BSE BANKEX was down by 651.32 points or 2.70%. When market closed today, NIFTY IT increased by 265.75 points or 1.85%, closing at 14,627.45 and NIFTY Pharma increased by 213.80 points or 2.17%, closing at 10,077.85. NIFTY Bank fell by 550.25 points or 2.63% and closed at 20,390.45.

 

Top 5 gainers:

Most of the gainers were from Pharma and IT sector. Today, Vedanta increased by 7.70 points or 7.96%, closing at Rs 104.40 and Tech Mahindra gained 28.85 points or 5.21% and closed at Rs 582.10. Zee Entertainment shares increased by 9.90 points or 5.60%, closing at Rs 205.60, Sun Pharma was up by 18.70 points or 3.93%, closing at Rs 494.85 and Bharti Airtel shares was up by 20.80 points or 3.77% and closed at Rs 572.45.

 

Top 5 losers:

Today, shares which declined most were from the Banking and Finance sector. Asian Paints declined by 82.80 points or 4.82%, closing at Rs 1,633.75. Bajaj Finance shares declined by 4.10% or 98.85 points, closing at Rs 2,313.05, IndusInd Bank shares decreased by 17.30 points or by 4.00%, closing at Rs 415.05. Share price of HDFC Bank fell by 71.35 points or 3.89%, closing at Rs 1,764.30 and Kotak Mahindra declined by 52.15 points or 3.71%, closing at Rs 1,334.40.

 

Stock in news:

Stocks which were active by volume includes were Vodafone idea, SBI, Tata Motors, PNB, Trident, Tata Powers, ICICI Bank, Federal Bank, Ashok Leyland and IDFC First Bank. Today, even when market ended on lower note some stocks from IT and Pharma sector gained around 4 to 6 percent. Tech Mahindra was in news as their shares price increased by 28.85 points closed at Rs 96.50. Sun Pharma gained 18.70 points and Cipla gained 19.35 points, closing at Rs 660.55. Asian Paints was in news because their shares price decreased by 82.80 points and closed at Rs 1,633.75 and banking stocks such as Kotak Mahindra, Axis Bank and HDFC Bank also fell around 3 to 5 percent.

 

 

Market update 3rd June 2020. Financials lead the way for another positive day for Indian market.

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Market update 3rd June 2020. Financials lead the way for another positive day for Indian market.

Market update 3rd June 2020. Financials lead the way for another positive day for Indian market.

 

Overall performance:

Indian stock market continued to gain for the sixth straight day, while today major gain was seen in Bank, Auto, Pharma and FMCG sector. When market closed, SENSEX increased by 284.01 points or 0.84%, closing at 34,109.54 and NIFTY was up by 82.40 points or 0.83%, closing at 10,061.50 and almost all the sectors ended on positive note expect IT. The S&P BSE midcap index was up by 37.96 points or 0.31%, closing at 12,340.65 and S&P BSE Small cap increased by 142.24 points or 2.07%, closing at 11,570.65. While, NIFTY Midcap 100 closed at 13,924.30 up by 53.90 points or 0.39% and NIFTY Small cap 100 closed at 4,278.15, increased by 49.70 points or 1.17%.

 

Global indices and commodities:

When Indian market closed, all the global indices were trading at a positive note. SGX Nifty was up by 111 points or 1.11% and trading at 10,090.00. NASDAQ was trading at 9,608.38 up by 56.33 points or 0.59% and CAC was trading at 4,962.37 increased by 2.13% or 103.40 points. While, DAX was trading at 12,314.46 up by 293.18 points or 2.44%.

Currently, Gold is trading at 46,650.00 down by 146 points and 0.31%. Silver is trading at 49,150.00 up by 70.00 points and 0.14% and Crude oil is trading at 2,786.00 which is increased by 40 points or 1.46%.

 

Currency:

At the time of closing of Indian indices, USD was trading at Rs 75.46, increased by 0.13%. EURO was trading at Rs 84.51, up by 0.78% and GBP was trading at Rs 94.91, up by 0.72%.

 

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, and FMCG sector. The S&P BSE Auto index increased by 50.02 points, S&P BSE BANKEX was up by 488.75 points or 2.07% while, BSE IT was down by 61.51 points or 0.42%. At closing, NIFTY BANK increased by 410.50 points or 2.00%, closing at 20,940.70 and NIFTY Auto was up by 27.35 points. While, NIFTY IT decreased by 60.70 points or 0.42%, closing at 14,361.70.

 

Top 5 gainers:

Share price of Mahindra and Mahindra increased by 22.25 points or 4.81%, closing at Rs 485.10, Kotak Mahindra gained 43.65 points or 3.25% and closed at Rs 1,386.55. Shares of Bajaj Finance increased by 65.70 points or 2.80%, closing at Rs 2,411.90. SBI was up by 4.65 points or 2.73%, closing at Rs 174.90 and ICICI Bank shares was increased by 8.45 points or 2.43% and closed at Rs 356.85.

 

Top 5 losers:

Today, NTPC declined by 2.05 points or 2.12%, closing at Rs 94.70. Wipro shares declined by 2.08% or 4.50 points, closing at Rs 211.35. Bharti Infratel decreased by 4.25 points or by 1.09%, closing at Rs 219.00. Share price of Zee Entertainment fell by 3.25 points or 1.63%, closing at Rs 195.70 and UPL declined by 5.60 points or 1.32%, closing at Rs 419.10.

 

Stock in news:

Most active stocks in terms of volume were Vodafone idea, SBI, Tata Powers, PNB, Tata Motors, South Ind Bk, Adani Powers, Bank of Baroda, Axis Bank, RBL Bank and IDFC First Bank. Among all the sectors, major gain was seen in Auto sector today, stocks like Tata Motors, Mahindra and Mahindra, Tata Motors DVR, and Escorts gained around 2 percent to 5 percent and Mahindra and Mahindra was one of major gainer of the day, increased by 22.25 points and closed at Rs 485.10. While, almost all stocks in IT sector declined which includes Infosys, Wipro, Tata Elxsi and Hex aware Tech.

 

 

Market update 2nd June 2020. Indian Market witness gains for 5th successive session.

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Market update 2nd June 2020. Indian Market witness gains for 5th successive session.

Market update 2nd June 2020. Indian Market witness gains for 5th successive session.

 

Overall performance:

Indian indices ended positive for the fifth consecutive day, mainly due to the slow restart of business activities post lock down as government has given permission with certain regulations. Today SENSEX gained more than 500 points while, NIFTY was close to touch the 10,000 mark. When market closed, SENSEX was up by 522.01 points or 1.57%, closing at 33,825.53 and NIFTY was up by 152.95 points or 1.56%, closing at 9,979.10. All the sectors ended on positive note expect FMCG.

The S&P BSE midcap index was up by 145.29 points or 1.20%, closing at 12,302.69 and S&P BSE Small cap increased by 205.65 points or 1.83%, closing at 11,428.41. While, NIFTY Midcap 100 closed at 13,870.40 up by 185.75 points or 1.36% and NIFTY Small cap 100 closed at 4,228.65, increased by 97.55 points or 2.36%.

 

Global indices, Commodities and Currency:

When Indian market closed, all major indices was trading at a positive note. SGX Nifty was up by 145 points or 1.45% and trading at 9,979.00, NASDAQ was trading at 9,552.05 up by 62.18 points or 0.66% and CAC was trading at 4,865.22, increased by 2.15% or 102.44 points. While, DAX was trading at 12,050.82 up by 463.97 points or 4.00%.

Currently, Gold is trading at 46,975.00 down by 108 points and 0.23%, Silver is trading at 50,374 down by 108 points and 0.47%. Crude oil is trading at 2,745.00 which increased by 76 points or 2.85%.

At the time of closing of Indian indices, USD was trading at Rs 75.36, down by 0.18%. EURO was trading at Rs 83.88, down by 0.22% and GBP was trading at Rs 94.37, up by 0.06%.

 

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, IT and Pharma sector. The S&P BSE Auto index increased by 123.78 points, S&P BSE Health care was up by 106.43 points or 0.68% and BSE BANKEX was gained 743.05 points or 3.25%. When market closed today, NIFTY BANK increased by 570.30 points or 2.86%, closing at 20,530.20 and NIFTY IT increased by 115.30 points or 0.81%, closing at 14,422.40. While, NIFTY FMCG fell by 211.45 points.

 

Top 5 gainers:

For the second consecutive day, shares of Bajaj Finserv and Bajaj Finance hiked. Today, Bajaj Finserv increased by 421.50 points or 8.85%, closing at Rs 5184.70 and Bajaj Finance gained 185.35 points or 8.58% and closed at Rs 2,346.20. Tata Motor’s shares increased by 6.95 points or 7.76%, closing at Rs 96.50, Kotak Mahindra was up by 94.50 points or 7.57%, closing at Rs 1,342.90 and Zee Entertainment shares was up by 13.05 points or 7.02% and closed at Rs 198.95.

 

Top 5 losers:

Today, shares which declined most were from the FMCG and Pharma sector. Coal India declined by 5.15 points or 3.47%, closing at Rs 143.40. Maruti Suzuki shares declined by 1.79% or 103.50 points, closing at Rs 5,690.10. ITC shares decreased by 3.30 points or by 1.65%, closing at Rs 197.25. Share price of Dr Reddy’s Labs fell by 58.25 points or 1.47%, closing at Rs 3,895.30 and BPCL declined by 4.70 points or 1.36%, closing at Rs 341.60.

 

Stock in news:

Stocks which were active by volume includes Vodafone idea, SBI, Tata Motors, Mother Son Sumi, NCC, Tata Powers, ICICI Bank, Federal Bank, Ashok Leyland and IDFC First Bank. Today, Tata Motors was in news as their shares price increased around 8%, after they resumed operations at all the plants including Jamshedpur Plant which recently got approval to start operations and its share price closed at Rs 96.50. Kotak Mahindra was also in news after MD of the company decided to sell stake in private sector lender to settle agreement with RBI. Today, their shares gained around 8% and closed at Rs 1,342.50.

 

 

Market update 1st June 2020. Indian indices continue their positive streak.

 

 

 

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Market update 1st June 2020. Indian indices continue their positive streak.

Market update 1st June 2020. Indian indices continue their positive streak.

 

Overall performance:

For the 4th consecutive session, Indian indices ended on a higher note, as government has relaxed certain lock down norms and is ready to start some operations in specific areas (with certain regulations) to revive the economy. When market closed, SENSEX increased by 879.42 points or 2.71%, closing at 33,303.52 and NIFTY was up by 245.85 points or 2.57%, closing at 9,826.15. All the sectors ended on positive note. The S&P BSE midcap index was up by 314.18 points or 2.65%, closing at 12,157.40 and S&P BSE Small cap increased by 330.16 points or 3.03%, closing at 11,222.76 While, NIFTY Midcap 100 closed at 13,684.65 up by 411.65 points or 3.10% and NIFTY Small cap 100 closed at 4,131.10, increased by 128.30 points or 3.21%.

 

Global indices, Commodities and Currency:

When Indian market closed, SGX Nifty was up by 320 points or 3.36% and trading at 9,834.00, NASDAQ was trading at 9,489.87 up by 320 points or 3.36% and CAC was trading at 4,753.87, increased by 1.24% or 58.43 points. While, DAX was trading at 11,586.85 down by 194.28 points or 1.65%.

Currently, Gold is trading at 46,774.00 up by 120 points and 0.26% and Silver is trading at 50,298 up by 180 points and 0.36%. Crude oil is trading at 2,667.00 which is increased by 100 points or 3.90%.

At the time of closing of Indian indices, USD was trading at Rs 75.54, down by 0.10%. EURO was trading at Rs 83.90, down by 0.03% and GBP was trading at Rs 93.51, up by 0.29%.

 

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, IT and FMCG sector. The S&P BSE Auto index increased by 450.39 points, S&P BSE Energy was up by 148.52 points or 3.21% and BSE BANKEX was up by 721.13 points or 3.26%. At closing, NIFTY BANK increased by 662.65 points or 3.43%, closing at 19,959.90 while, NIFTY IT increased by 296.60 points or 2.12%, closing at 14,307.10.

 

Top 5 gainers:

Share price of Bajaj Finance increased by 207.20 points or 10.61%, closing at Rs 2160.85, Bajaj Finserv gained 358.30 points or 8.13% and closed at Rs 4,763.20, shares of Titan Company increased by 68.90 points or 7.74%, closing at Rs 958.90. Tata Steel was up by 20 points or 6.78%, closing at Rs 315.20 and Mahindra and Mahindra shares was up by 24.75 points or 5.67% and closed at Rs 461.10.

 

Top 5 losers:

Today, shares which declined the most are from the Pharma sector. Dr Reddys Labs declined by 117.70 points or 2.89%, closing at Rs 3,953.55. Bharti Infratel shares declined by 2.48% or 5.70 points, closing at Rs 224.25. Ultra Tech Cement decreased by 89.15 points or by 2.28%, closing at Rs 3,815.70. Share price of Nestle fell by 357.35 points or 2.04%, closing at Rs 17,183.45 and Sun Pharma declined by 8.85 points or 1.87%, closing at Rs 465.40.

 

Stock in news:

Many stocks today locked in the upper circuit which includes shoppers shop, IDBI Bank, Canara Bank, HEG, Adani Green Energy and KEI industries. Bajaj Finance and Bajaj Finserv were in news as share price of their company increased by 10.61 percent and 8.13 percent, closing at Rs 2160.85 and Rs 4,763.20 respectively. Also, Titan Company gained today more than 68 points, closing at Rs 958.90. While, major decline was seen in stocks such as Dr Reddy Labs and Ultra Tech cement. Other than these stocks, most active stocks in terms of volume were Vodafone idea, SBI, Tata Powers, PNB, NCC, Adani Powers, Bank of Baroda, Axis Bank, Ashok Leyland and IDFC First Bank.

 

 

Trends transforming the automotive industry.

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Weekly market update (26th May – 29th May).

Weekly market update (26th May – 29th May).

 

Overall Performance:

This week, Indian stock market almost observed a volatile week, but market re-gained in the second half of the week. The S&P BSE SENSEX crossed 32,000 and NIFTY reached 9,550 mark. Even after increasing COVID-19 cases, market recovered due to many reasons such as the increase in institutional buyers, domestic GDP data release and growth of US market this week.

On Tuesday 26th May, SENSEX opened at 30,672.59 and closed at 30,609.30 (down by 63.29) while, on Friday market closed at 32,424.10 up by 90.25 points or 0.95 percent. When compared with opening price on Tuesday, SENSEX gained around 5.7 percent this week. While, on the other hand, NIFTY opened at 9,039.25 and closed at 9,580.30 on Friday, up by 6 percent.

The S&P BSE Mid-cap index gained 5.08 percent and 18 stocks increased around 10 to 30 percent which includes stocks such as Godrej Properties, Jindal steel and powers, Future Retail limited, RBL bank, The Federal Bank and Adani Powers. The S&P BSE Small-cap index gained 3.5 percent in this week and 94 stocks in small cap gained around 10 to 30 percent such as Birla Corporation Ltd, Skipper limited, Subex, Alok Industries, Orient cement and JBF Industries limited.

 

Global indices, commodities and currency:

DAX was trading at 11,462.39 up by 71.11 points or 0.62%, on Tuesday while today it is trading at 11,586.85 down by 194.28 points. NASDAQ was trading at 9,324.59 up by 39.71 points or 0.43% while now it is trading at 9,489.87, up by 120.88 and CAC was trading at 4,594.76, up by 1.21% or 54.85 points, now trading at 4,695.44 down by 75.95 points.

When market closed on Tuesday, Gold was trading at 46,760 down by 218 points and 0.46% and now trading at 46,654. Silver was trading at 48,525 up by 268 points and 0.56% currently trading at 50,118 up by 1,560 points.

On Tuesday, at the time of closing of Indian indices, USD was trading at Rs 75.66 which is now trading at Rs 75.61. EURO was trading at Rs 82.91, currently trading at Rs 83.89 and GBP was trading at Rs 93.09 which is now trading at Rs 93.29.

 

Sector wise:

This week major gains was seen in Banking, Financial and Auto Sector. NIFTY Bank increased by 2,018.35 points (in this week, comparing to the opening price of Tuesday), closed at 19,297.25.

 

Top 5 gainers:

This week, Share price of Zee Entertainment increased by 19.23% or by 29.60 points, closing at Rs 183.55, Eicher Motors gained 17.45% or 2460.85 points, closing at Rs 14,087.60. Shares of Larsen and Tourbo jumped by 13.26 percent or 111.75 points, closing at Rs 932.25. IndusInd Bank share price increased by 46.85 points or 13.51 percent, closing at Rs 393.65 this week, and share price of Coal India gained 16.80 points or 13.49 percent and closed at Rs 141.30.

 

Top 5 losers:

Tata Communications share price fell by 4.72 percent or by 23.60 points and closed at Rs 476.65. This week, share price of CRISIL decreased by 4.42 percent or 63.80 points, closing at Rs 1378.30, and Ashok Leyland fell by 4.17 % or 1.85 points, closing at Rs 42.50 shares. Adani Transmission declined by 3.98 percent or 7.25 points, closing at Rs 174.90 and share price of Edelweiss Financial declined by 3.36% or 1.65 points and closed at Rs 46.05 on Friday.

 

Stocks in news:

28 stocks hit their 52 week low this week which includes IIFL financial services, AU small Bank Finance, Chennai petroleum corporation, Bajaj finance, Union bank of India, India bulls Integrated and power finance Corporation. After google announced to enter in the telecom business in India through Vodafone, shares of Vodafone gained around 18 percent. Birla Corporations increased by 25% after they declared their Q4 results. Shares of Eicher Motors jumped by 17.45% or 2460.85 points after they announced stock split plan and on Friday closed at Rs 14,087.60. Wipro also gained around 12 percent and was in news as they appointed Thierry Delaporte as their new CEO and MD of the company. Other than these stock, most active in terms of volume includes stocks such as Vodafone Idea, Bharti Airtel, IDFC First Bank, Bank of Baroda, Jindal Steel, ITC, ICICI bank, Adani power, Tata power and SBI.

 

 

Market update 29th May 2020. Another positive day for Indian market led by Realty and Pharma stocks.

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Market update 29th May 2020. Another positive day for Indian market led by Realty and Pharma stocks.

Market update 29th May 2020. Another positive day for Indian market led by Realty and Pharma stocks.

 

Overall performance:

Today, Indian indices ended on a positive note for the third consecutive day. SENSEX crossed 32,000 and NIFTY ended above 9,500. Almost all sectors gained and ended on a high note. While market closed, SENSEX was up by 223.51 points or 0.69%, closing at 32,424.10 and NIFTY was up by 90.20 points or 0.95%, closing at 9,580.30. The S&P BSE midcap index was up by 221.16 points or 1.90%, closing at 11,843.22 and S&P BSE Small cap increased by 123.26 points or 1.14%, closing at 10,892.60. NIFTY Midcap 100 closed at 13,273 up by 143.05 points or 1.09% and NIFTY Small cap 100 closed at 4,002.80, up by 34.30 points or 0.86%.

 

Global indices and commodities:

When Indian market closed, DAX was trading at 11,650.88 down by 130.25 points or 1.11%. NASDAQ was trading at 9,368.99 down by 43.37 points or 0.46% and CAC was trading at 4,738.30, down by 0.69% or 33.09 points. While, SGX Nifty was up by 36.00 points or 0.38% and trading at 9,496. Currently, Gold is trading at 46,550 up by 145 points and 0.31%, Silver is trading at 48,802 increased by 240 points and 0.49% and Crude oil is trading at 2,479 which is down by 103 points or 3.95%.

 

Currency:

At the time of closing of Indian indices, almost all the currencies were trading at a lower note. USD was trading at Rs 75.62, down by 0.17% or 0.13 points and GBP was trading at Rs 92.87, down by 0.34% or 0.32 points. While, EURO was trading at Rs 84.06, up by 0.32% or 0.26 points.

 

Sector Wise:

Today, almost all other sectors ended on higher note, expect for the IT sector. The S&P BSE Auto index increased by 229.95 points or by 1.66%, closing at 14,094.69 and S&P BSE Energy increased by 38.71 points or 0.84% and closed at 4,620.96. While BSE IT fell by 0.97% or 137.55 points and closed at 14,067.30. At closing, NIFTY BANK was up by 127.45 points or 0.66%, closing at 19,297.25 and NIFTY Pharma gained 304.10 points or 3.21%, closing at 9,768.60. NIFTY IT declined by 18.10 points or 0.13% and closed at 14,010.50.

 

Top 5 gainers:

Share price of IOC increased by 5.50 points or 7.08%, closing at Rs 83.20, Wipro which was declining for last few days, gained 13.45 points or 6.75% and closed at Rs 212.80. Coal India shares increased by 7.40 points or 5.53%, closing at Rs 141.30. ONGC increased by 4.35 points or 5.52%, closing at Rs 83.20 and BPCL shares was up by 16.35 points or 5.01% and closed at Rs 342.80.

 

Top 5 losers:

Today, Adani Ports declined by 8.00 points or 2.41%, closing at Rs 323.80. Shares of Infosys declined by 2.32% or 16.40 points, closing at Rs 691.00. Bharti Airtel decreased by 10.15 points or by 1.80%, closing at Rs 552.60. Share price of TCS fell by 31.95 points or 1.59%, closing at Rs 1972.35, Axis Bank declined by 6.00 points or 1.53%, closing at Rs 384.95. Titan company shares which are declining since last few days, today fell by 9.45 points or 1.05% and closed at Rs 890.

 

Stock in news:

Today, shares of all the sectors except for IT ended on higher note. IOC was in news as share price of the company increased by 7.08 percent and closed at Rs 83.20. Wipro shares were in news as they gained more than 6 percent and closed at Rs 212.80. Infosys was in news because their shares declined by 16.40 points and was one of the top losers, closing at Rs 691.35. Other than these stocks, most active stocks were Vodafone idea, Tata Power, BHEL, Tata Motor, Federal Bank, SBI, ITC, Bank of Baroda, ICICI Bank and Ashok Leyland in terms of volume.

 

 

Market Update 28th May 2020. Market record gains for second consecutive day.

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Market Update 28th May 2020. Market record gains for second consecutive day.

Market Update 28th May 2020. Market record gains for second consecutive day.

 

Overall performance:

Today, for the second consecutive day Indian indices ended on higher note. When market closed, SENSEX was up by 595.37 points or 1.88%, closing at 32,200.59 and NIFTY was up by 175.15 points or 1.88%, closing at 9,490.10. The S&P BSE midcap index was up by 154.23 points or 1.34%, closing at 11,622.06 and S&P BSE Small cap increased by 150.33 points or 1.42%, closing at 10,769.34. NIFTY Midcap 100 was up by 218.70 points or 1.69%, closing at 13,129.95 and NIFTY Small cap 100 closed at 3,968.50, up by 62.90 points or 1.61%.

 

Global indices and commodites:

When Indian market closed, DAX was trading at 11,686.39 up by 28.70 points or 0.25%. NASDAQ was trading at 9,412.36 up by 72.14 points or 0.77% and CAC was trading at 4,710.97, up by 0.47% or 22.23 points. While, SGX Nifty was up by 177 points or 1.87% and trading at 9,460.00. Currently, Gold is trading at 46,677 up by 146 points and 0.31%, Silver is trading at 48,671 up by 281 points and 0.58%. Crude oil is trading at 2,450.00, down by 62 points or 2.47%.

 

Currency:

At the closing time of Indian indices, USD was trading at Rs 75.74, up by 0.04% or 0.03 points. EURO was trading at 83.45, down by 0.08% or 0.07points and GBP was trading at 92.90, down by 0.09% or 0.08 points.

 

Sector:

Today, almost all other sectors ended on a high note. The S&P BSE Auto index increased by 474.21 points or by 3.54%, closing at 13,864.74 and BSE Bankex gained 505.58 points or 2.35%. While, S&P BSE Health care was up by 9.27 points or 0.06%. When market closed, NIFTY BANK was up by 459.25 points or 2.45%, closing at 19,169.80, NIFTY IT increased by 75.70 points or 0.54%, closing at 14,028.60 and NIFTY Auto increased by 215.35 points, closing at 6,112.30. While, NIFTY fin service ganed 245.15 points and closed at 9,464.65.

 

Top 5 gainers:

Today, share price of Zee Entertainment increased by 16.25 points or 9.88%, closing at Rs 180.70, Eicher Motors gained 1,269.55 points or 8.48% and closed at Rs 16,236.50. Larsen shares increased by 54.65 points or 6.42%, closing at Rs 905.50. Share price of Hero MotoCorp increased by 122.45 points or 5.63%, closing at Rs 2,298.10. IndusInd Bank was up by 17.90 points or 4.85% and closed at Rs 386.85 and HDFC Bank gained by 41.60 points or 4.60%, closing at Rs 945.25.

 

Top 5 losers:

Today, most stocks in the top losers declined by less than 1%. Shares of Wipro declined by 1.90 points or 0.94%, closing at Rs 199.35. BPCL decreased by 3 points or 0.91%, closing at Rs 326.45. ITC shares fell by 1.50 points or by 0.78%, closing at Rs 190.65, share price of Cipla, which is declining from last few days, today fell by 4.70 points or 0.74%, closing at Rs 628.35 and JSW Steel shares declined by 0.65 points or 0.35%, closing at Rs 184.15.

 

Stock in news:

Most active stock by volume were stocks such as Vodafone Idea, Tata Motors, ICICI Bank, IDFC First Bank, Axis Bank, ITC, Motherson Sumi, Adani power, Tata power, BHEL and SBI. Today, most of the stocks gained as almost all the indices ended on a positive note. Eicher Motors was in news as their shares gained more than 1,269 points and closed at Rs 16,236.50. Other stock in news due to the increasing points was Hero MotoCorp. It increased by 122.45 points and closed at Rs 905.50.

 

 

Market update 27th May 2020. Nifty, Sensex witness the best trading day of May.

Equity Rght

Market update 27th May 2020. Nifty, Sensex witness the best trading day of May.

Market update 27th May 2020. Nifty, Sensex witness the best trading day of May.

 

Overall performance:

Today, Indian indices ended on strong note with NIFTY above 9,300 and SENSEX crossed 31,000 mark supported by banking stocks. When market closed, SENSEX was up by 995.92 points or 3.25%, closing at 31,605.22 and NIFTY was up by 285.90 points or 3.17%, closing at 9,314.95. The S&P BSE midcap index was up by 61.25 points or 0.54%, closing at 11,467.83 and S&P BSE Small cap increased by 28.59 points or 0.27%, closing at 10,619.01. NIFTY Midcap 100 closed at 12,911.25, up by 75.60 points or 0.59%, closing at 12,911.25 and NIFTY Small cap 100 closed at 3,905.60, up by 25.40 points or 0.65%.

 

Global indices and commodities:

When Indian market closed, DAX was trading at 11,694.73 up by 190.08 points or 1.65%. NASDAQ was trading at 9,340.22 up by 15.63 points or 0.17% and CAC was trading at 4,685.20, up by 1.71% or 4,687.35 points. While, SGX Nifty was up by 275.50 points or 3.05% and trading at 9,297. Currently, Gold is trading at 46,105 down by 217 points and 0.47%, Silver is trading at 47,900 up by 79 points and 0.17% and Crude oil is trading at 2,574.

 

Currency:

At the closing time of Indian indices, almost all the currencies were trading on a high note. USD was trading at Rs 75.72, up by 0.07% or 0.05 points. EURO was trading at 83.34, up by 0.63% or 0.52 points and GBP was trading at Rs 93.22, up by 0.22% or 0.21 points.

 

Sector:

Today, almost all other sectors ended on higher note, expect for Pharma sector. The S&P BSE Auto index increased by 110.43 points or by 0.83%, closing at 13,390.53 and BSE Bankex gained 1,465.45 points or 7.31%. While, S&P BSE Health care fell by 129.96 points or 0.84%. When market closed, NIFTY BANK was up by 1,270.20 points or 7.28%, closing at 18,710.55. NIFTY IT increased by 377.95 points or 2.78%, closing at 13,952.90 and NIFTY Auto increased by 42.65 points, closing at 5,896.95. While, NIFTY Pharma fell by 19.80 points and closed at 9,463.70.

 

Top 5 gainers:

Today, banking and financial sector performed well as most of the gainers are from banking sector. Share price of Axis bank increased by 45.70 points or 13.39%, closing at Rs 387, ICICI Bank gained 26.15 points or 8.93% and closed at Rs 318.85. Wipro shares increased by 12.45 points or 6.59%, closing at Rs 201.25. Share price of Grasim gained 34 points or 6.38%, closing at Rs 566.65, HDFC Bank was up by 51.25 points or 6.01% and closed at Rs 903.65 and Bajaj Finance increased by 107.45 points, closing at Rs 1936.45.

 

Top 5 losers:

Today, Sun Pharma declined by 8.25 points or 1.80%, closing at Rs 450.90. Ultra tech cement which is increasing from last few days, today declined by 1.55% or 58.60 points, closing at Rs 3,727.40, Shree Cements decreased by 189.75 points or by 0.92%, closing at Rs 20,477.55. Share price of Titan Company fell by 6.90 points or 0.77%, closing at Rs 885.85 and Asian Paints shares declined by 10.40 points or 0.64%, closing at Rs 1,619.45.

 

Stock in news:

Most active stock by volume were stocks such as Vodafone Idea, ICICI Bank, IDFC First Bank, Axis Bank, ITC, Adani power, Tata power, BHEL and SBI. Today most of the stocks of banking sectors were in news as their stocks hiked over 8%, which includes stocks such as Axis bank which increased by 13.39%, closing at Rs 387. ICICI Bank increased by 8.93% and closed at Rs 318.85.

 

 

Market Update 26th May 2020. Pharma and IT stocks decline.

Equity Right

Market Update 26th May 2020. Pharma and IT stocks decline.

Market Update 26th May 2020. Pharma and IT stocks decline.

 

Overall performance:

Today, Indian indices ended on low note, dragged by IT and Pharma sector stocks. While market closed, SENSEX was down by 63.29 points or 0.21%, closing at 30,609.30 and NIFTY was down by 10.20 points or 0.11%, closing at 9,029.05. The S&P BSE midcap index was up by 136.56 points or 1.21%, closing at 11,406.58 and S&P BSE Small cap increased by 66.19 points or 0.63%, closing at 10,590.42. NIFTY Midcap 100 closed at 12,835.65, up by 167.60 points or 1.32%, closing at 12,835.65 and NIFTY Small cap 100 closed at 3,880.20, up by 29.35 points or 0.76%.

 

Global indices and commodiies:

When Indian market closed, DAX was trading at 11,462.39 up by 71.11 points or 0.62%. NASDAQ was trading at 9,324.59 up by 39.71 points or 0.43%. CAC was trading at 4,594.76, up by 1.21% or 54.85 points. While, SGX Nifty was down by 60.50 points or 0.67% and trading at 9,021.50. Currently, Gold is trading at 46,760 down by 218 points and 0.46%, Silver is trading at 48,525 up by 268 points and 0.56% and Crude oil is trading at 2,582 which is up by 5.00 points or by 0.19%.

 

Currency:

At the closing time of Indian indices, almost all the currencies were trading at a higher note except USD. USD was trading at Rs 75.66, down by 0.38% or 0.29 points. EURO was trading at Rs 82.91, up by 0.17% or 0.14 points and GBP was trading at Rs 93.09, up by 0.76% or 0.71 points.

 

Sector:

Today, almost all other sectors ended on higher note, expect for the energy, IT and healthcare sector. The S&P BSE Auto index increased by 210.00 points or by 1.61%, closing at 13,280.10 and S&P BSE Metal gained 175.86 points or 2.84%. While, S&P BSE Health care fell by 100.26 points and BSE IT fell by 294.31 points. At closing, NIFTY BANK increased by 161.45 points or 0.93%, closed at 17,440.35 and NIFTY Auto increased by 87.30 points, closing at 5,854.30. While, NIFTY IT and Pharma fell by 267.70 points and 117.15 points respectively.

 

Top 5 gainers:

Share price of Eicher Motors increased by 882.70 points or 6.34%, closing at Rs 14,805.10. JSW Steel gained 10.10 points or 6.08% and closed at Rs 176.25. Titan company’s shares increased by 43.10 points or 5.07%, closing at Rs 892.75. Share price of Ultra tech cement increased by 147.05 points or 4.04%, closing at Rs 3786.00 and Shree cements was up by 757.05 points or 3.80% and closed at Rs 20667.30.

 

Top 5 losers:

Today, Bharti Airtel declined by 33.95 points or 5.72%, closing at Rs 559.25. Bajaj finance which is decreasing from last few days, today declined by 3.50% or 66.30 points, closing at Rs 1829.00. Bajaj Finserv decreased by 218.30 points or by 5.06%, closing at Rs 4097.25. Share price of TCS fell by 77.35 points or 3.83%, closing at Rs 1,943. Sun Pharma declined by 10.25 points or 2.18%, closing at Rs 459.15 and Cipla decreased by 11.65 points or 1.82%, closing at Rs 627.70.

 

Stock in news:

Most active stock by volume were stocks such as Vodafone Idea, Bharti Airtel, IDFC First Bank, Jindal Steel, ITC, Adani power, Tata power and SBI. Eicher Motors was in news as share price of the company increased by 882.70 points and closed at Rs 14,805.10. Also, shares of Ruchi Soya locked in 5% lower circuit today due to the profit bookings and closed at Rs 547.15, down by 28.75 points. Avenue super marts was also in news as they posted 41.6% YoY increase in their consolidated profit, closing at Rs 2,283.25.

 

 

Weekly market update (18th May – 22th May).