Morning Release of 16 Feb, 2018. |
Outlook
Nifty technical charts have formed a doji candle clearly signifying an uncertainty. Closing below major moving averages further gives weightage to bears to be more in focus. Markets are expected to open bearish to sideways with an upside resistance of 10590-10610 and support of 10480-10430.
The Sensex and Nifty rose on Thursday tracking global markets, but Punjab National Bank fell for a second consecutive session after saying it unearthed $1.77 billion in fraudulent transactions, dragging down other state-run lenders.
The benchmark BSE Sensex closed up 0.41% at 34297.47. The broader NSE Nifty ended 0.42% higher at 10545.50, its highest close in a week. Punjab National Bank shares ended 12.90% lower, hitting their lowest close since Oct. 23, after falling as much as 14.20% on Wednesday. The Nifty PSU bank index lost 1.10%.
The benchmark BSE Sensex closed up 0.41% at 34297.47. The broader NSE Nifty ended 0.42% higher at 10545.50, its highest close in a week. Punjab National Bank shares ended 12.90% lower, hitting their lowest close since Oct. 23, after falling as much as 14.20% on Wednesday. The Nifty PSU bank index lost 1.10%.
Top Gainers
Company Name |
Close (in INR.) |
% Change |
BPCL |
475.65 |
3.38% |
HINDALCO |
251.40 |
3.35% |
ICICIBANK |
328.75 |
3.07% |
Top Losers
Company Name |
Close (in INR.) |
% Change |
IBULHSGFIN |
1311.75 |
-2.70% |
AUROPHARMA |
592.00 |
-1.68% |
CIPLA |
606.05 |
-1.64% |
52 week High & Low
Company Name |
Close (in INR.) |
High or Low? |
21STCENMGM |
41.95 |
HIGH |
AARTIIND |
1194.95 |
HIGH |
ALBK |
53.50 |
LOW |
ALPSINDUS |
4.55 |
LOW |
Indices
Indices |
Last Trade |
% Change |
NIFTY |
10545.00 |
+0.42% |
NIFTY IT |
12456.50 |
+0.29% |
NIFTY PHARMA |
9207.50 |
-0.45% |
NIFTY FMCG |
26733.50 |
+0.33% |
NIFTY REALTY |
331.30 |
-1.02% |
BANK NIFTY |
25424.35 |
+0.33% |
INDIA VIX |
16.31 |
-5.06% |
FII/DII Activity as on 15 Feb, 2018
FII/DII |
Net Change (in Cr.) |
FII |
-240.29 |
DII |
+490.92 |
Corporate Events & Results Corner
- Construction firm, PNC Infratech posted a rise of 21% in its net profit at INR. 93.06 Cr. for the quarter ended December 2017.
- Larsen and Toubro (L&T) construction arm has won orders worth INR. 1585 Cr. across business segments.
- Rajesh Exports (REL), the world's largest gold refiner, has secured a new export order worth INR. 873 Cr.
- Education company, Zee Learn has signed an agreement to invest INR. 200 Cr. for acquisition of 44.53% stake in MT Educare through preferential allotment of equity shares.
