Nifty 8262 /Sensex 26747/ Bank Nifty 18696
24 Advances /27 Declines/ 0 Unchanged
“Market ends at new 1-month record closing high; ITC, SBI gain”
Equity benchmarks remained marginally higher with the Nifty holding 8250 amid consolidation, supported by ITC, ICICI Bank, Infosys and Reliance Industries.
The market has ended at 1-month record closing high. The Sensex is up 52.90 points or 0.2 percent at 26747.18, and the Nifty is up 14.90 points or 0.2 percent at 8261.75. About 1436 shares advanced, 1180 shares declined, and 182 shares were unchanged.
SBI, ICICI Bank, ONGC, Axis Bank and ITC were gainer while Bajaj Auto, Coal India, HDFC, M&M and Cipla were losers in the Sensex.
“Sensex gains for 2nd day, up 2% for wk; Fed meet, IIP, CPI eyed”
Equity benchmarks ended at one-month closing high after consolidation on Friday as investors will closely watch key events next week like Federal Reserve monetary policy, November CPI inflation and October industrial output.
Overall it was a consolidation day, though equity benchmarks ended at one-month closing high on Friday. Investors turned cautious ahead of key events next week - interest rate decision by Federal Reserve, November CPI inflation and October industrial output data.
Top Weekly Gainers
Hindalco Gains 7.91% Range (168.75--182.10)
Adani Ports & Special Gains7.43% Range (265.90--285.65)
Tata Motors Gains 7.21% Range (432.90--464.10)
Yes Bank Gains 6.05% Range (1150.15--1219.75)
Top Weekly Losers
Bharti Infratel Loses 7.23% Range (358--385.90)
Sun Pharma Loses 6.57% Range (720.35--673)
TCS Loses 1.20% Range (2221.85--2195.25)
GAIL India Loses 0.82% Range (432.90--429.35)
FII/FPI & DII trading activity on NSE, BSE and MSEI
FII/FPI trading activity on NSE, BSE and MSEI on Capital Market Segment.
The following is combined FII/FPI trading data across NSE, BSE and MSEI collated on the basis of trades executed by FIIs/FPIs
FII/FPI trading activity on NSE,BSE and MSEI in Capital Market Segment(In Rs. Crores)
Category: FII/FPI Date: 09-Dec-2016 Buy Value:3662.72 Sell Value:3462.72 Net Value:200.52
Domestic Institutional Investors trading activity on NSE, BSE and MSEI on Capital Market Segment.
The following is combined Domestic Institutional Investors trading data across NSE, BSE and MSEI collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System.
DII trading activity on NSE,BSE and MSEI in Capital Market Segment(In Rs. Crores)
Category:DII Date:09-Dec-2016 Buy Value:1608.44 Sell Value:1318.87 Net Value:289.57
Key Results Today
Guj Minerals
Jai Corp
Sunteck Realty
JMT Auto
Kwality
CESC
Mah Seamless
RESULT ANALYSIS & POLL:
IMPORTANT RESULT: CESC
-TECHNICAL LEVELS: CESC
CMP 625. CESC has immediate resistance at 630 and support is intact at 610.
If immediate resistance of 630 is positively breached and sustained then next resistance seen around 648---655 else it can test its support level of 610 again.
Trend looks positive.. Traders can buy and accumulate CESC with strict stop loss below 610 on closing basis.
Now what to expect??
Nifty and Bank Nifty Levels
Nifty has resistance at 8300 and support intact at 8230.
Break and sustain above 8300 will take Nifty to 8350—8380 mark or else it can test its support of 8230 again. Break and sustain below 8230 will take Nifty to 8180---8150 and then to 8070 mark.
On the other hand....
Bank Nifty has resistance at 18800 and support intact at 18650---18400.
Break and sustain above 18800 will take Bank Nifty to 19000---19150 else it could test its support level of 18650---18400 again.
Trade with levels only.
Today's Top Pick
Tata Elxsi... Buy around 1430---1420. Stop loss 1380 for the upside target of 1480---1520 mark.
More will update soon!!
More will update soon!!
