Nifty future started off week on a negative note, continuing
its downtrend for fourth consecutive session on Monday despite positive global
cues. Nifty future down by 11 points to close at 7808.
The 30-share BSE Sensex ended down 108 points at 25530. The
market breadth was slightly broader as about 1446 shares advanced against 1316
declining shares on the BSE.
Shares of Bharat Forge fell 2.4 percent intraday Monday to
hit a 52-week low of Rs 818 on the BSE due to further decline in truck orders
inflow.
Tata Group along With its listed firms adding over USD 100
billion to market capitalisation in the last 15 years, it is looking at an
increase of nearly USD 250 billion by 2025, including through acquisitions.
F&O cues:
Nifty 7900 Call added 4.9 lakh shares in Open Interest (OI)
on December 7
Nifty 8000 Call added 5 lakh shares in Open Interest
Nifty 7700 Put shed 3.1 lakh shares in Open Interest
FIIs in F&O on December 7 (Provisional data from NSE)
FIIs net buy Rs 35 crore in Index Futures
Top Gainers:
TATA MOTORS (1.7%), INFOSYS (1.4%), ITC (0.9%), HUL (0.6%), TCS(0.6%)
Top Losers:
VEDANTA (2.5%), ONGC (2.1%), COAL INDIA (1.7%), HINDALCO (1.7%), DR. REDDYS LAB (1.6%)
Buzzing: Shares of IRB Infrastructure Developers gained more than 1
percent intraday on getting provisional completion certificate for
Ahmedabad-Vadodara road project. "IRB Ahmedabad Vadodara Super Express Tollway
Private Limited (SPV), the wholly owned subsidiary, has been issued a
provisional completion certificate by the competent authority on December
4," says the Mumbai-based road developer in its filing. Consequently, the
SPV has started toll collection on NH-8 arm of this project from December 6, it
adds. The SPV is already collecting toll on Ahmedabad Vadodara Expressway (NE-
1) arm since January 2013.
GLOBAL MARKET OVERVIEW
Asian stocks came off day's high to close mixed today, as
investors eye a host of economic data due this week.
Nikkei and Shanghai gained 1 percent and 0.3 percent,
respectively while Hang Seng lost 0.15 percent.
European equities were trading higher with CAC and DAX up
over 1.7 percent after a solid US jobs report that put the Federal Reserve on
course to increase interest rates. Britain's FTSE was up 0.5 percent.
Nonfarm payrolls data showed the US economy created 211,000
jobs for November, beating market expectations. It is likely to have been the
final sign for the Federal Reserve that conditions were right for a hike in
interest rates in December.
No comments:
Post a Comment