Daily equity Market By Ripplesadvisory Report 16-Aug-2016
MARKET WRAP
UP
UP
The
Sensex and Nifty jumped over one per cent on Friday and
Sensex and Nifty jumped over one per cent on Friday and
were
headed for their second session of gains, led by energy
headed for their second session of gains, led by energy
stocks,
including Reliance Industries Ltd, as oil prices extended
including Reliance Industries Ltd, as oil prices extended
their
rally.
rally.
Domestic
sentiment was also buoyed on continued buying by
sentiment was also buoyed on continued buying by
investors
ahead of IIP and inflation data scheduled to be
ahead of IIP and inflation data scheduled to be
released
later in the day.
later in the day.
US
stocks closed at record highs on Thursday as surging oil
stocks closed at record highs on Thursday as surging oil
prices
and strong earnings buoyed investor sentiment, giving a
and strong earnings buoyed investor sentiment, giving a
boost
to Asian markets.
to Asian markets.
Dealers
said widening of positions by participants ahead of key
said widening of positions by participants ahead of key
economic
data —— industrial production (IIP) for June and
data —— industrial production (IIP) for June and
consumer
price index (CPI) for July —— to be released after
price index (CPI) for July —— to be released after
market
closing today also added to the upbeat investor
closing today also added to the upbeat investor
sentiment.
At 3.05
pm, the Sensex was up 315.38 points or 1.13 per cent at
pm, the Sensex was up 315.38 points or 1.13 per cent at
28,174.98
while the NSE Nifty was up 85.7 points or 1.00 per
while the NSE Nifty was up 85.7 points or 1.00 per
cent at
8,677.85.
8,677.85.
Sentiment
also got a boost as foreign investors continued to
also got a boost as foreign investors continued to
buy
Indian shares for a 24th consecutive session as of
Indian shares for a 24th consecutive session as of
Wednesday,
bringing the total net investments in the year to
bringing the total net investments in the year to
$5.33
billion.
billion.
MARKET MEASURE
EXCHANGE ADVANCE
DECLINE
UNCHG. T/O
DECLINE
UNCHG. T/O
NSE 698 740 70 23506.99
CHART
ANALYSIS
ANALYSIS
SCRIP |
R2 |
R1 |
PIVOT |
S1 |
S2 |
NIFTY 50 |
8753 |
8719 |
8660 |
8618 |
8565 |
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Advisory Pvt.Ltd. is stock and
Research Company. We are gives trading tips about the Indian stock Market with
extraordinary examination done by our team of analysts. We are giving free equity tips, stock money tips, nifty
future tips and Best
Stock Advisory Company in indore, free stock tips on mobile, Indian Stock Market Tips, lots of
tips to our customers through different techniques. We have helped part of
retail and HNI customer through our warning administrations to satisfy their
money related objectives by profit work for them a superior way.
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