05/10/2016

NIFTY ABOVE 8750, SENSEX PICKS PACE | TODAY STOCK MARKET UPDATES REPORT 06 OCTOBER 2016.

NIFTY FUTURE | DERIVATIVE REPORT REPORT

NIFTY FUTURE  OUTLOOK
NIFTY FUTURE :
R1:8825
R2:8875
R3:8913
PIVOT :8787
S1:8737
S2:8699
S3:8649



The Sen sex closed 113.57 points down at 28,220.98, while Nifty 50 index settled 25.20 points down at 8743. Mid-cap and small-cap indices continued to outperform benchmark indices. The BSE Midcap and BSE Small-cap index closed 0.50 per cent and 0.62 per cent up at 13617.36 and 13290.03, respectively. In the BSE Midcap space, Bajaj Holding, Tata Global, Tata Communications and MRF gained 8.27 per cent, 8.03 per cent, 6.25 per cent and 5.09 per cent, respectively. Market sentiments also affected with a World Bank research predicting that the proportion of jobs threatened in India by automation is 69 per cent and in China it is 77 per cent.

Nifty open up  on Wednesday  and  shown range bound movement  over the full trading hour’s. Nifty next support would be 8500-8570.Traders can go short on a break below 8600. Range bound movement may be seen in Nifty ,if its maintain the level of 8800 so, up sided movement would be up to 9050-9150.


NIFTY BANK FUTURE



NIFTY BANK OUTLOOK

BANK  NIFTY FUTURE :
R1:19823
R2:20025
R3:20145
PIVOT :19702
S1:19501
S2:19380
S3:19178



Bank nifty open up today and showing choppy movement over the full of the market hour’s. bank nifty bullish trend would be seen above the level of 20000. If its sustain above 20000 so, next high level may be expected. Before that every high level  may be a opportunity for sell. 19000 is the next support in bank nifty future.  AXIS BANK  (-1.99%) and  KOTAK    MAHINDRA     BANK  (-1.21%) is the top losers  of the day.

Bank nifty opened up at 19884.65, to its previous closing 19784.80 on Wednesday and touched high of 19582.50. 19000 is the next support for nifty ,if bank nifty not sustain at that level ,next level of bank nifty would be 18700-18500.On the other hand above 19800 ,new level for Bank nifty would be 20000-20250.


USDINR

The Indian rupee opened lower by 17 paise at 66.63 per dollar on Wednesday against previous close 66.46.  Concerns from the US with respect to rate hike expectations helped the dollar trade higher compared to peers. The rupee is expected to trade lower within a range of 66.50-67/dollar. The greenback strengthened on upbeat economic data and bets on a year-end US interest rate increase. While the British pound took a beating, falling to its lowest level against the buck since 1985 on Brexit concerns. 

USDINR :
R1:66.84
R2:66.94
R3:67.00
PIVOT : 66.78
S1:66.68
S2:66.62
S3:66.52





ASIAN MARKETS

NAME
CHANGE
% CHANGE
NIKKEI 225
83.59
0.50
STRAITS TIMES
-2.85
-0.10
HANG SENG
98.87
0.42
TAIWAN WEIGHTED
-15.49
-0.17






INDIAN MARKETS 

Name
         Change
   % Change
            Open
             High
           Low
Nifty 50
-25.20
-0.20
8806.35
8806.95
8731.40
Nifty Bank
-135.85
-0.70
19801.30
19816.50
19492.80
Nifty Metal
20.60
0.78
2638.80
2649.40
2625.75
Nifty Pharma
-65.50
-0.56
11715.00
11723.65
11599.15
Nifty Realty
3.85
1.80
210.70
214.60
208.90






Name
      Change
    % Change
           Open
          High
            Low
Sensex
-113.57
-0.40
28425.74
28477.65
28188.90
S&P BSE
Small Cap
81.30
0.61
13249.82
13305.12
13213.22
S&P BSE
Midcap
67.85
0.50
13575.42
13638.87
13521.79
















TOP GAINER VS TOP LOSER


TOP GAINER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
ULTRATECH CEM.
3953.20
4033.15
+2.02
BHARTA PETRO.
637.45
649.90
+1.95
HINDALCO
154.25
157.25
+1.94
BHARTI INFRA.
369.20
376.25
+1.91
TATA MOTORS
549.95
559.65
+1.76


TOP LOSER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
ONGC
273.55
266.65
-2.52
AXIS BANK
546.60
535.70
-1.99
IDEA
81.20
79.95
-1.54
BAJAJ AUTO
2894.20
2857.95
-1.25
HERO MOTOCORP
3534.35
3491.25
-1.22









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