Tuesday, June 16, 2015

Live: Sensex Jumps Over 100 Points, Nifty Above 8,050



Sharemasterindia.com 3:27 p.m.: Tata Motors jumps 2 per cent to Rs 435 on the back of short covering rally. Meanwhile, Ruchit Jain technical analyst with Angel Broking said that the stock can go up to Rs 455-460 levels where it will face resistance again.

3:24 p.m.: Two wheeler stocks are looking goods on charts and one can buy stocks such as Eicher Motors, TVS, Bajaj Auto and Hero MotoCorp on declines, says Ruchit Jain of Angel Broking.

3:21 a.m.: Overall breadth on the Bombay Stock Exchange was neutral as 1,207 stocks were advancing while 1,384 were declining.

3:18 p.m.: The broader markets also showcase a smart recovery. The BSE mid-cap index was up 0.7 per cent and the small-cap index jumped 0.3 per cent. Oberoi Realty, Indian Bank, Union Bank of India, L&T Finance Holdings and Tata Communications were among the top gainers.

3:14 p.m.: The markets showcased a smart recovery in the last 30 minutes of trade. The Sensex was up 127 points at 26,713 and the Nifty advanced 40 points to 8,054.

3:09 p.m.: Recovery in markets led by buying in banking, power, auto and consumer durable stocks. Bank Nifty which traded in the negative territory saw buying at lower levels and was up 0.7 per cent.

3:06 p.m.: Ruchit Jain, technical analyst at Angel Broking, said that Nifty could move to 8150-8200 in this pullback rally but it could see pressure at higher levels.

2:59 p.m.: Markets move into positive zone. Sensex up 48 points to 26,634 while Nifty adds 18 points to inch up to 8,031.

2:34 p.m.: Banking stocks showcase a smart recovery. The Bank Nifty which was trading in red was up 0.2 per cent. Stocks such as State Bank of India, Yes Bank, ICICI Bank, Punjab National Bank and IndusInd Bank were among the top gainers.

2:20 p.m.: PSU banking stocks witness buying at lower levels. CNX PSU Bank index jumps 0.7 per cent; Union Bank, Canara Bank, Punjab National Bank and Bank of Baroda were among the top gainers.

2:15 p.m.: The Sensex has come off the intraday low levels on buying in IT stocks. The Sensex which touched low of 26,379 was down 85 points at 26,501 and the Nifty was down 25 points at 7,988.

2:04 p.m.: The Sensex fell 204 points to 26,383 and the Nifty was hovering around 7,950 as selling pressure picked up pace in the afternoon trades.

Selling pressure was visible across the sectors. Capital goods, FMCG, oil & gas and realty stocks were among the worst hit.

From the Nifty-50 basket of stocks, 33 stocks were declining while 17 were advancing.

1:50 p.m.: SKF India, Suzlon Energy, Fag Bearings, BHEL, AIA Engineering, Thermax, ABB and Siemens were the top losers from the capital goods space.

1:35 p.m.: Ramky Infrastructure shares rose nearly 5 per cent to hit an intraday high of Rs 30.75 on Tuesday after six lenders from a consortium of nine banks approved Ramky's debt restructuring plan.

1:15 p.m.: Declining stocks outnumbered the stocks which were advancing as 1,520 stocks were declining while 840 were advancing.

1:08 p.m.: Markets near day's low; Sensex falls 129 points to 26,457 and Nifty was down 40 points at 7,973.

1:00 p.m.: European stock markets trade with a negative bias; Germany's DAX was down 0.93 per cent, French CAC 40 index fell 0.95 per cent and UK's FTSE 100 index slipped 0.41 per cent.

12:50 p.m.: Sensex fell 105 points to 26,481 and the Nifty was down 32 points at 7,982 on the back of broad-based selling.

12:42 p.m.: Allahabad Bank, Bank of Baroda, Dena Bank, EID Parry India Limited and Balrampur Chini Mills Limited trade at 52-week low on the National Stock Exchange.

12:30 p.m.: Unitech, Jaiprakash Associates, Essar Oil, Suzlon Energy, ICICI Bank and Reliance Communications were among the most actively traded stocks in terms of volumes on the National Stock Exchange.

12:16 p.m.: Anil Dhirubhai Ambani Group shares fall; Reliance Infrastructure, Reliance Capital, Reliance Communication, Reliance Power and Reliance Capital were trading 0.7-3 per cent lower.

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