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D-street continues positive streak ahead of Trump press conference; Sensex soars 241 pts

Market Snapshot  |  11-Jan-2017 04:24 PM

Continuing with buoyancy for second straight day, Nifty 50 zoomed in excess of a percent point supported by gains in financial counters.

Among NSE sectorial benchmarks, Nifty Metal (up 4.3%) continued to rock the show. By closing marginally in red Nifty IT stood as the sole loser.

Globally, US and Asian benchmarks closed mixed, whereas European markets were trading exuberant ahead of a crucial press conference by US President-elect Donald Trump. The press conference may give important clues on his economic policies.

The market breadth on the BSE closed in positive. Advancing and declining stocks were 1822 and 1134 respectively, while 173 scrips remained unmoved.

The S&P BSE Sensex ended at 27140.41, up 240.85 points or 0.90%. The 30 share index touched a high and a low of 27174.87 and 26978.44 respectively. 23 stocks advanced against 7 declining ones on the benchmark index.

The Nifty 50 gained 92.05 points or 1.11% to settle at 8380.65. The index touched high and low of 8389.00 and 8322.25 respectively. 42 stocks advanced against 9 declining ones on the index.


S&P BSE Sensex

Nifty 50

The S&P BSE Mid-cap index moved up to 12618.58 and gained 1.37% while S&P BSE Small-cap index jumped up by 0.98% to 12706.75.

The broader S&P BSE 500 index increased to 11402.48 (up 1.13%) and Nifty 500 index rose to 7214.15 (up 1.15%).

The volatility as denoted by INDIA VIX lost 2.57% at 14.81 from its previous close of 15.20 on Tuesday.

Sectors in action

On the BSE Sectorial front, Metals (up 4.42%), Basic Materials (up 2.52%), Banks (up 2.40%), Finance (up 2.00%) and Capital Goods (up 1.39%) were the top gainers.

Information Technology (down 0.02%) was the only loser.

The Angels and the Devils

Coal India Ltd (up 5.41%), Tata Steel Ltd (up 3.99%), Lupin Ltd (up 2.20%), Larsen And Toubro Ltd (up 1.91%) and ICICI Bank (up 1.79%) were the top gainers on the Sensex.

Bajaj Auto Ltd (down 1.09%), ITC Ltd (down 0.56%), Reliance Industries Ltd (down 0.28%), Oil and Natural Gas Corporation Ltd (down 0.18%) and Infosys Ltd (down 0.16%) were the top losers on the Sensex.


Pivot, Supports and Resistance Levels

Nifty 50 is now pivoted at 8364 for next session. The next support is at 8339 and on upside it has a resistance at 8406 levels.

Nifty 50
Eff. Date
S 3
S 2
S 1
PIVOT
R 1
R 2
R 3
Actual Close
12-Jan-2017
8272
8297
8339
8364
8406
8431
8472
-
11-Jan-2017
8236
8248
8268
8281
8301
8314
8334
8380.65
10-Jan-2017
8186
8207
8222
8242
8257
8278
8292
8288.60

S&P BSE Sensex has a pivot at 27098 with first level of support and resistance at 27021 and 27217 respectively.

S&P BSE Sensex
Eff. Date
S 3
S 2
S 1
PIVOT
R 1
R 2
R 3
Actual Close
12-Jan-2017
26825
26901
27021
27098
27217
27294
27414
-
11-Jan-2017
26701
26753
26799
26851
26897
26948
26995
27140.41
10-Jan-2017
26505
26603
26665
26763
26825
26923
26984
26899.56

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Market Stats

As On: 21-Aug-2017 (09:49)

Total Stocks Traded
31
Advances/Declines
18/12
Unchanged
1
Avg. Returns
0.27%
Avg. H-L Spread
1.23%
Market-Cap (Rs. Cr.)
5330069.54
% of Total Exchange M-Cap
42.43%
Change in M-Cap (Rs. Cr.)
16009.75
Total Volume
36,67,089.00
Advancing Volumes
15,02,326.00
Declining Volumes
21,64,763.00
A/D Volumes
40.97%/59.03%
New 52 week Highs
1
New 52 week Lows
1
Avg. Promoter Holding
41.21%
Avg. FII Holding
NA
Avg. MF Holding
6.48%
Avg. Ins. Co. Holding
7.46%
Avg. Pledged Shares
2.19%

Tata Steel Ltd
LTP: 637.90 (2.00%)

Infosys Ltd
LTP: 903.35 (2.14%)

Dr. Reddys Laboratories Ltd
LTP: 1989.35
Vol. Change: (1467.79%)

Reliance Industries Ltd
Market Cap:
496577.28 (In Crs.)

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