Thursday, 14 December 2017

Nifty above 10200, close to Sensex 33100



The domestic markets have started well today. In the initial trading, the Sensex and the Nifty are trading with a gain of 0.25 per cent. Nifty managed to reach 10230 in early trading, while the Sensex knocked off by 33170. However, after the good start, there is a slight pressure from the upper levels in the market.

Shopping is also seen in mid-caps and smallcap stocks. BSE's mid-cap index has increased by 0.2 percent, while the Nifty mid-cap 100 Index has also seen an increase of 0.15 percent. BSE's Smallcap index rose by 0.15 percent.

The market has got support from realty, pharma, metal, media, capital goods, consumer durables and oil and gas stocks. Bank Nifty is trading flat at 24, 993 level. FMCG and power stocks are showing some pressure.

At the moment, BSE's 30-share index Sensex is trading 55 points higher at 33,108 level. NSE's 50-share index Nifty is trading 18 points higher at 10,211 level.

Tech Mahindra, HCL Tech, Vedanta, Dr Reddy's, BPCL, ONGC, L & T, BHEL and Lupine have increased by 2.3-0.5 per cent during the trade in the market during this period. However, TCS, IndusInd Bank, Tata Motors DVR, Gayle, Adani Ports and UltraTech Cement have fallen 1.4-0.25 per cent in the giants.

In the mid-cap stocks, Tata Communications, Oberoi Realty, Wockhardt, Godrej Industries and Ajantha Pharma have been strong at 5.25-1.5 per cent. However, in mid-cap stocks, Kansai Nerolac, Jindal Steel, Adani Enterprises, JSW Energy and Amphysis rolled 1.6-0.5 per cent.

Everest Industries, Waterbase, Kokuyo Camlin, Prabhat Dairy and Raj Television have shot up to 7.4-5.3 per cent in Smallcap Shares. However, in smallcap stocks, Bodan Chemicals, VB Industries, KDDL, MT Educare and Pincone Spirit have broken up to 6-3.75 per cent.



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