Wednesday 16 May 2018

Sensex-Nifty gain marginally-Sai Proficient

Domestic market movements are flat in early business. The Sensex and the Nifty are seeing a slight increase. Nifty is near 10,760 while Sensex is trading close to 35,450.

However, mid-cap and smallcap stocks are looking good. The BSE mid-cap index has increased 0.4%, while the Nifty mid-cap 100 Index has gained 0.4 percent. BSE's Smallcap index has increased by 0.4%.

Shopping in auto, banking, FMCG, IT, consumer durables, capital goods, power and realty stocks is showing. Bank Nifty is trading at 26,241 level with an increase of 0.25%. However, there is pressure in metal and oil and gas stocks.


During the business of the market, Coal India, Titan, Power Grid, SBI, ICICI Bank and Wipro rose 2.2-0.6%. However, Hindalco, Cipla, BPCL, Tata Steel, Lupine, Adani Ports, ONGC, Bharti Airtel and HDFC have fallen 1.8-0.5% in the giants.

In the mid-cap stocks, CG Consumer, Division Lab, Sun TV, Tata Global and Wockhardt have risen 4.6-1.5%. However, in mid-cap stocks, Muthoot Finance, Central Bank, TVS Motor and Max Financial have rallied 3.5-1.4%.

Among the smallcap stocks, Future Enterprises DVR, Manali Petro, Future Enterprises, Transport Corp and Granules India have been strengthening by 20-5.7%. However, Small-cap shares have broken up to 10 to 5% in Smartlink Net, Career Point, Punjab and Sindh Bank, Brigade Enterprises and Vikrami.

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