Thursday, 15 December 2016

Stock Future Tips | Stock Cash Tips | TradeBizz Research

Sensex, on Tuesday, fell 95points to close at 26,603. Indices erased all its early gains in line withsubdued global indices, as investors remained tentative ahead of the crucial USFed policy meet on whether to raise interest rate or not. Among sectors,Capital Goods, PSU and Metals lost over 1.0% to 1.7% each. Among stocks,Powergrid, ONGC and Coal India lost over 1.8% to 4.4%. Market breadth wasnegative with 905 advances against 1733 declines.
                       

Nifty closed 39 points lowerat 8,182. Today, we expect the markets to open in red driven by negative globalcues.
US Markets, closed on anegative note. Dow closed 0.6% down while Nasdaq lost 0.5%. U.S. stocks slippedafter the Federal Reserve raised interest rates and forecast a steeper path forborrowing cost increases next year. US markets, today, will see data releaseson CPI m/m, Core CPI m/m, Philly Fed Manufacturing Index, Unemployment Claims, CurrentAccount, Empire State Manufacturing Index, Flash Manufacturing PMI, and NAHBHousing Market Index.

Asian markets are trading ona negative note; Nikkei is trading 0.2% lower, while Hang Seng is trading 1.9%lower. SGX Nifty is trading 0.8% lower at 8,118. Indian ADRs ended the day on anegative note. Among financial ADRs, ICICI Bank closed 1.5% down, while HDFCBank lost 2.1%. Among IT ADRs, Wipro lost 1.9%, while Infosys closed 0.9%lower. Tata Motors ADR lost 1.5%.

1 comment:

  1. Continued market volatility, the Sensex and Nifty in the red
    Weak global cues and sluggish business in the Asian market is seeing a decline in the domestic market. Currently, with the index 75 points lower at 25 904 trades. 21 points, while the Nifty is trading at the level of 7957, with weakness.

    Midcap and Smallcap stocks have seen a mild decline. The BSE Midcap Index fell 0.36 per cent to 0.12 percent while the BSE Smallcap Index rolled. The Nifty Midcap 100 index recorded a decline of 0.31 percent.

    The index declined 19.61 points at 25959.99, and the Nifty opened at 7972.50, with 6.6 points of weakness.

    What stocks
    Asian Paints, Reliance Industries, Infosys, ICICI Bank and Sun forma stocks gained.

    What stocks fall
    ITC, HDFC, Tata Motors, M & M, Adani Ports, L & T and Maruti Suzuki stocks under pressure.

    The US market fell
    Business Thursday, the three indices closed in the US. The weakness of the market, failed to reach the level of Dow 20,000. Thursday's trading session 23.08 points, or 0.12 per cent, the Dow Jones closed at 19918.88.
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