Markets maintain momentum; ICICI Bank, Adani Ports gain:20/10/2016 14:28
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Click Here & Register To Get 2 days Trial Tips
The key domestic benchmark indices continued to trade firm during the late noon trading session helped by buying interest in index heavyweights including ICICI Bank, Adani Ports, State Bank of India and Tata Steel among others.
At 14:25 hours, the 30-share benchmark index was trading at 28109 up by 124.63 points or by 0.45 per cent, while the NSE Nifty was at 8691.65 up by 32.55 points or by 0.38 per cent.
In the firm trade so-far, Sensex touched intraday high of 28212.5 and intraday low of 28031.57 The NSE Nifty touched intraday high of 8727 and intraday low of 8678.3
Meanwhile, shares of YES Bank has moved higher by 2.5 per cent to Rs 1,324 on the National Stock Exchange (NSE) after the bank reported a better-than-expected 31 per cent year on year (YoY) growth in net profit at Rs 802 crore for the quarter ended September 30, 2016 (Q2FY17). The private sector lender had profit of Rs 610 crore in year ago quarter.
The top gainers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 276.00,+4.15%), Adani Ports & Special Economic Zone Ltd. (Rs. 279.85,+3.13%), State Bank of India (Rs. 258.60,+1.49%), Tata Steel Ltd. (Rs. 429.85,+1.03%), Housing Development Finance Corporation Ltd. (Rs. 1355.30,+0.98%), among others.
The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1036.10,-0.53%), Tata Motors Ltd. (Rs. 547.70,-0.46%), Sun Pharmaceutical Industries Ltd. (Rs. 747.00,-0.45%), Lupin Ltd. (Rs. 1505.45,-0.44%), Hindustan Unilever Ltd. (Rs. 842.70,-0.39%), among others.
Among the sectors, Metal index was at 10383.29 up by 144.18 points or by 1.41%. Vedanta Ltd. (Rs. 206.45,+4.06%), Hindalco Industries Ltd. (Rs. 155.15,+2.78%), Steel Authority of India (SAIL) Ltd. (Rs. 49.50,+2.06%), NMDC Ltd. (Rs. 124.30,+1.97%), Jindal Steel & Power Ltd. (Rs. 77.50,+1.64%),.
On the flip side,HCS index was at 16332.19 down by -42.77 points or by -0.26%. Sequent Scientific Ltd. (Rs. 125.00,-2.72%), Hikal Ltd. (Rs. 206.35,-2.37%), Themis Medicare Ltd. (Rs. 609.90,-2.30%), Natco Pharma Ltd. (Rs. 586.40,-2.08%), Ipca Laboratories Ltd. (Rs. 613.25,-1.94%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3074 , shares advanced were 1656 while 1186 shares declined and 232 were unchanged.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
At 14:25 hours, the 30-share benchmark index was trading at 28109 up by 124.63 points or by 0.45 per cent, while the NSE Nifty was at 8691.65 up by 32.55 points or by 0.38 per cent.
In the firm trade so-far, Sensex touched intraday high of 28212.5 and intraday low of 28031.57 The NSE Nifty touched intraday high of 8727 and intraday low of 8678.3
Meanwhile, shares of YES Bank has moved higher by 2.5 per cent to Rs 1,324 on the National Stock Exchange (NSE) after the bank reported a better-than-expected 31 per cent year on year (YoY) growth in net profit at Rs 802 crore for the quarter ended September 30, 2016 (Q2FY17). The private sector lender had profit of Rs 610 crore in year ago quarter.
The top gainers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 276.00,+4.15%), Adani Ports & Special Economic Zone Ltd. (Rs. 279.85,+3.13%), State Bank of India (Rs. 258.60,+1.49%), Tata Steel Ltd. (Rs. 429.85,+1.03%), Housing Development Finance Corporation Ltd. (Rs. 1355.30,+0.98%), among others.
The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1036.10,-0.53%), Tata Motors Ltd. (Rs. 547.70,-0.46%), Sun Pharmaceutical Industries Ltd. (Rs. 747.00,-0.45%), Lupin Ltd. (Rs. 1505.45,-0.44%), Hindustan Unilever Ltd. (Rs. 842.70,-0.39%), among others.
Among the sectors, Metal index was at 10383.29 up by 144.18 points or by 1.41%. Vedanta Ltd. (Rs. 206.45,+4.06%), Hindalco Industries Ltd. (Rs. 155.15,+2.78%), Steel Authority of India (SAIL) Ltd. (Rs. 49.50,+2.06%), NMDC Ltd. (Rs. 124.30,+1.97%), Jindal Steel & Power Ltd. (Rs. 77.50,+1.64%),.
On the flip side,HCS index was at 16332.19 down by -42.77 points or by -0.26%. Sequent Scientific Ltd. (Rs. 125.00,-2.72%), Hikal Ltd. (Rs. 206.35,-2.37%), Themis Medicare Ltd. (Rs. 609.90,-2.30%), Natco Pharma Ltd. (Rs. 586.40,-2.08%), Ipca Laboratories Ltd. (Rs. 613.25,-1.94%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3074 , shares advanced were 1656 while 1186 shares declined and 232 were unchanged.
