Wednesday, 21 December 2016

MARKETS FALL FOR 6TH STRAIGHT SESSION; NIFTY BELOW 8100

The Sensex settled the day at 26,242, down 66 points, while the broader Nity closed at 8,061, down 21 points. Benchmark indices extended losses for six straight trading sessions amid volatility owing to lack of any major domestic as well as global cues. Moreover, the holiday spirit is expected to keep the market muted on account of less volume on the FII counter. Linde India surged 7% . JBF Industries moved higher by 6% . Reliance Communications ended nearly 7% higher. Sun Pharmaceutical Industries dipped 2%.
GLOBAL MARKET:
The US dollar held near 14-year peaks on Wednesday as global yield spreads shifted inexorably in its favors, while early weakness in the yen saw Japanese shares touch a one-year top. Profit-taking set in as a slow pre-Christmas session dragged on and the Nikkei eased 0.2% in late trade. Spread betters pointed to a small opening loss for European exchanges after shares there hit an 11-month high on Tuesday.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Datamatics Global Se
B
129.70
+ 14.58
Motilal Oswal Financ
B
555.65
+ 8.01
Sreeleathers Ltd.
B
149.80
+ 7.77
EIH Associated
B
303.95
+ 6.72
Linde India
B
378.50
+ 6.59
Shilpa Medicare L
B
773.00
+ 6.29
JBF Industries
B
220.80
+ 6.23
TOP LOSERS:
Company
Group
Current Price (Rs)
% Change
Ortel Communications
B
120.30
-7.92
Astec Lifesciences L
B
635.35
-6.26
Beardsell Ltd.
B
398.50
-4.99
BF Investment Ltd.
B
141.10
-4.57
Pneumatic Holdings
B
816.10
-4.56
Upper Ganges Sug
B
251.95
-4.20