LOCAL STOCKS ENDED MARGINALLY HIGHER

The key domestic indices closed slightly higher. Nifty Realty, Nifty Media and Nifty PSU Bank shares rose, while Nifty Auto and Nifty FMCG shares declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex, edged higher by 31.61 points to 81,911.01. The Nifty 50 index up 44.30 points to 25,299.35. In the past three trading sessions, the Nifty and Sensex moved higher by 1.25% and 1.13%, respectively.

The broader market lagged behind the frontline indices. The BSE 150 MidCap Index inched up 0.67% and the BSE 250 SmallCap Index climbed 1%.

The market breadth was positive. On the BSE, 2886 shares advanced and 2417 shares fell. A total of 238 shares were unchanged.

HDFC Bank Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 382.93 lakh shares and saw a sharp decline of 27.75% compared to last one-week’s average daily volume. The stock has soared 14.43% in last one-month and has plunged 18.66% over last one year.

Kotak Mahindra Bank Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 271.58 lakh shares and recorded a sharp spurt of 39.97% compared to last one-week’s average daily volume. The stock has risen sharply by around 9.99% in last one-month and has risen sharply 16.85% over last one year.

13 stocks in NSE500 index hit record high today.

Index action

The Nifty Realty index surged 4.51% to 934.25 today. The index has surged by 3.30% in last one week and has surged 10.36% over last one month. It edged lower by 5.16% in last one year. Aditya Birla Real Estate Ltd (up 10.16%), Anant Raj Ltd (up 5.68%), Phoenix Mills Ltd (up 5.57%), Godrej Properties Ltd (up 4.50%) and Sobha Ltd (up 4.40%) gained.

The Nifty Media index advanced by 2.46% to 1761.25 today. The index is slightly higher by 0.49% in last one week and has risen 5.80% over last one month. It is sharply higher by 16.70% in last one year. PVR Inox Ltd (up 4.37%), Prime Focus Ltd (up 3.91%), Zee Entertainment Enterprises Ltd (up 3.73%), Sun TV Network Ltd (up 2.23%) and Network 18 Media & Investments Ltd (up 2.21%) went up.

The Nifty Auto index slipped by 1.02% to 28231.0 today. The index has rallied by 7.62% in last one week and has posted strong gains of 13.71% over last one month. It is up around 5.06% in last one year. Hyundai Motor India Ltd (down 2.49%), Samvardhana Motherson International Ltd (down 2.27%), Mahindra & Mahindra Ltd (down 1.90%), TVS Motor Company Ltd (down 1.32%) and Maruti Suzuki India Ltd (down 1.22%) traded lower.

The Nifty FMCG index eased by 0.74% to 46838.5 today. The index has gained 2% in last one week and has advanced 6.97% over last one month. It has retreated substantially by 15.01% in last one year. Marico Ltd (down 2.49%), Hindustan Unilever Ltd (down 2.39%), Nestle India Ltd (down 2.10%), Colgate-Palmolive (India) Ltd (down 0.83%) and Tata Consumer Products Ltd (down 0.70%) slipped.

The Nifty Media index rose for a third session in a row today. PVR Inox Ltd (up 4.37%), Prime Focus Ltd (up 3.91%), Zee Entertainment Enterprises Ltd (up 3.73%), Sun TV Network Ltd (up 2.23%) and Network 18 Media & Investments Ltd (up 2.21%) jumped.

Global Markets

European markets gained slightly.

DOW futures are up by 0.01% today.

MCX Crude oil futures are edging lower by 1.48% at Rs 8201.0 per barrel.

NIFTY50 futures ended slightly higher by 0.40% at 25314 and are in a premium of 15 points compared to NIFTY50.