DIIs Value Buying Ended Market Positive

Jan 10, 2017 | 06:18 PM IST

GST Impact

Market Walk 10th January, 2016:

Positive start kept momentum driven by banks and autos. Sensex gained 173.01 points to 226899.56 Nifty gained 52.55 points to 8288.6 Hindalco gained 4.46% to 165.05

Among the top gainers were Tata Motors by 3.55% to 517.9, Adani Ports by 3.23% to 293.9, Tata Motors DVR by 2.93% to 327.0, Tata Steel by 2.35% to 431.9.

Among the top losers were Axis Bank lost 1.09% to 447.8. Grasim by 0.95% to 850.45, ACC by 0.79% to 1313.30, Dr Reddy by 0.59% to 3042.0, Cipla by 0.52% to 573.7.

Domestically, verdict of five state elections in March, Union Budget in February, developments over rollout of GST and other executive actions hold key to earnings and sentiments. Global factors that are likely to dictate trend in the markets include US President-elect Trump's economic policies, outcome of the French and German elections, how the UK manages 'Brexit' and the path of CNY. IndusInd Bank gained 0.2 percent today after slightly better-than-expected quarterly earnings. The private sector lender reported a 29.2 percent growth in profit and 34.5 percent in net interest income on yearly basis while its asset quality moderately weakened during the quarter. Hindalco Industries shares rallied 4 percent.

Stocks to Watch: SBI is on up side while Cipla is on down side.

Click Here for SHARE MARKET NEWS for 9th Jan'2017



Niveza Research Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While...



Forex Trading: The Race Of Dollars, Pounds, Yen, Rupee

Trading is the toughest place to make easy money. This holds true for all forms of trading i.e equity cash/futures, commodities and forex. In our previous articles, we explored the pros and cons of the commodity
Read More>>

Global Trade War Strikes Indian Market, Nifty Below 10,000

Market This Week The benchmark indices started the week on a mildly higher note but soon turned
Read More>>

Sensex, Nifty Closed Higher Ahead Of Fed Meet Outcome

Share Market News –21-March-2018 The Benchmark indices opened sharply higher on short covering as Sensex jumped over 200
Read More>>

Sensex Ends 5-Day Losing Streak; Nifty Above 10,100

Share Market News –20-March-2018 The Benchmark indices extended previous day’s losses as Sensex was down by 100 points &
Read More>>

Market At Three Months Low, Nifty Below 10,100

Share Market News –19-March-2018 The Benchmark indices opened the week mildly higher as Sensex added over 50 points & Nifty
Read More>>