Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
Find Out More Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Nifty News Afl From 1 jan 2016 to 07 oct 2016 for Amibroker (AFL)

Rating:
3 / 5 (Votes 3)
Tags:
amibroker

This is the nifty news afl. This will help you to build your own news based afl. So that you can get valuable information which news affect the nifty or stock most.

You can contact me via
Email: akmeheta@gmail.com
Hire me on Freelancer.com
https://www.freelancer.in/u/ameheta.html
Hire me On Upwork
https://www.upwork.com/o/profiles/users/_~018c17332908eafaa6/

Screenshots

Indicator / Formula

Copy & Paste Friendly
Sts1 = 
WriteIf(DateNum()== 1160101 , " PRE SESSION:  Market may edge higher in early trade \n  Key indices may edge higher in early trade as trading of Nifty 50 futures on the Singapore stock exchange indicated that the Nifty could gain 15 points at the opening bell. Among macro data the combined index of eight core industries comprising nearly 38% of the weight of items included in the index of industrial production IIP fell 1.3% in November 2015 over November 2014. The data was announced after market hours yesterday 31 December 2015.In overseas markets Asian stocks were mixed. US stocks closed lower yesterday 31 December 2015 with trading lighter than usual ahead of the New Years Day holiday.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1123.41 crore yesterday 31 December 2015 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 257.67 crore yesterday 31 December 2015 as per provisional data.PSU OMCs and auto stocks will be in focus after the PSU OMCs cut petrol price by 63 paise a litre and diesel price by Rs 1.06 a litre the third reduction this month on the back of softening in global oil rates. The revised prices take effect from today 1 January 2016.Automobile companies start announcing monthly sales volume data for December 2015 from today 1 January 2016.Metal stocks may decline as an official survey showed activity in Chinas manufacturing sector contracted for a fifth straight month in December. The official manufacturing Purchasing Managers Index PMI stood at 49.7 in December in line with expectations and up only fractionally from November. A reading below 50 points suggests a contraction in activity while a reading above indicates an expansion on a monthly basis.China is the worlds largest consumer of steel copper and aluminum.Trading for the calendar year 2015 closed on a positive note as key benchmark indices settled with decent gains amid intraday volatility yesterday 31 December 2015. The Sensex rose 157.51 points or 0.6 \n \n END SESSION: Nifty hits more than eight-week closing high \n Trading for the year 2016 began on a positive note as key benchmark indices settled slightly higher after a volatile session of trade. The barometer index the S&P BSE Sensex rose 43.36 points or 0.17% to settle at 26160.90. The 50-unit Nifty 50 index gained 16.85 points or 0.21% to settle at 7963.20. The Sensex hit highest closing level in more than four weeks. The Nifty hit more than eight-week closing high. Key indices gained for the second day in a row today 1 January 2016.The Sensex rose 43.36 points or 0.17% to settle at 26160.90 its highest closing level since 1 December 2015. The index rose 79.73 points or 0.3% at the days high of 26197.27 in late trade. The index lost 109.34 points or 0.41% at the days low of 26008.20 in early trade.The Nifty gained 16.85 points or 0.21% to settle at 7963.20 its highest closing level since 4 November 2015. The index rose 26.20 points or 0.32% at the days high of 7972.55 in late trade. The index dropped 36.55 points or 0.45% at the days low of 7909.80 in early trade.The broad market depicted strength. There were more than two gainers against every loser on BSE. 1990 shares rose and 834 shares fell. A total of 127 shares were unchanged.The BSE Mid-Cap index rose 0.92%. The BSE Small-Cap index gained 0.88%. Both these indices outperformed the Sensex.HDFC fell 0.45% after the company said that profit on sale of investments fell 49.56% to Rs 57 crore in Q3 December 2015 as against Rs 113 crore in Q3 December 2014. The announcement was made after market hours yesterday 31 December 2015. Income from dividend for the quarter ended 31 December 2015 was Rs 135 crore compared to Rs 103 crore in the corresponding quarter of the previous year. This includes dividend of Rs 127 crore from HDFC Standard Life Insurance Company the company said in a statement.HDFC under the loan assignment route sold loans amounting to Rs 1240 crore in the quarter ending 31 December 2015 to HDFC Bank compared to Rs 1234 crore during the corresponding quarter of the previous year. Loans sold in the preceding twelve months amounted to Rs 12975 crore the company said.Auto stocks gained. Ashok Leyland up 0.85% Eicher Motors up 3.03% and Tata Motors up 2.66% gained.Maruti Suzuki India rose 0.43% after the company said that the total sales rose 8.5% to 1.19 lakh units in December 2015 over December 2014. Domestic sales rose 13.5% to 1.11 lakh units in December 2015 over December 2014. Exports fell 33.1% to 7816 units in Dec ",
WriteIf(DateNum()== 1160104 , " PRE SESSION:  Market may slide on weak Asian cues \n  Market may edge lower in early trade tracking losses on Asian bourses. Trading of Nifty 50 futures on the Singapore stock exchange indicated that the Nifty could fall 38 points at the opening bell.In overseas markets China led decline in Asian markets today 4 January 2016 after the latest data showed that the Caixin China manufacturing purchasing managers index PMI a private gauge of nationwide factory activity declined to 48.2 in December 2015 from 48.6 in November 2015. A reading below 50 indicates contraction. In China the Shanghai Composite index was off 2.96%. US stock markets were shut on Friday 1 January 2016 on account of New Year Day Holiday.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 228.11 crore during previous trading session on Friday 1 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 81.24 crore during previous trading session on Friday 1 January 2016 as per provisional data.Tata Motors after market hours on Friday 1 January 2016 said that its total sales of Tata Motor passenger and commercial vehicles declined 4% to 39973 units in December 2015 over December 2014. Domestic sale of Tata commercial and passenger vehicles fell 6% to 35416 units in December 2015 over December 2014. Exports rose 15% to 4557 units in December 2015 over December 2014.Hero MotoCorp HMCL after market hours on Friday 1 January 2016 said that its total two-wheeler sales declined 5.13% to 4.99 lakh units in December 2015 over December 2014.Coal India and its subsidiaries on provisional basis achieved 102% of targeted production at 52.07 million tonnes in December 2015. Coal India and its subsidiaries on provisional basis achieved 97% of targeted offtake at 48.16 million tonnes in December 2015. The announcement was made after market hours on Friday 1 January 2016.Among macro data Markit Economics will unveil the outcome of a monthly surve \n \n END SESSION: Sensex falls below 26000 mark as a rout in Chinese stocks hits global markets \n A sharp selloff and trading halt in stock markets in mainland China rattled global stocks and Indian equity markets were no exception. The barometer index the S&P BSE Sensex slumped 537.55 points or 2.05% to settle at 25623.35. The 50-unit Nifty 50 index lost 171.90 points or 2.16% to settle at 7791.30. The Sensex fell below the psychological 26000 mark. The Sensex and the Nifty both hit their lowest closing level in almost two weeks. Banking and telecom sector stocks along with index heavyweights HDFC L&T Infosys and Reliance Industries led the decline for the two key benchmark indices which snapped a two-day winning streak. All the nineteen sectoral indices on BSE moved lower.In overseas stock markets trading in mainland China was halted for the rest of the day after the CSI 300 Index plunged more than 7% at about 1:34 PM local time. As per the new norms which only came into force today 4 January 2016 a move of 5% in the CSI 300 triggers a 15-minute halt for stocks options and index futures while a move of 7% close the market for the rest of the day. Weak manufacturing data and a rapidly weakening Chinese yuan was the trigger for a sharp slide in Chinese stocks. European stocks edged lower as a steep drop in Chinas equity market rattled global equities. Trading in US stock index futures pointed to a sharp slide in US stocks at the opening bell. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 242 points at the opening bell.The Sensex slumped 537.55 points or 2.05% to settle at 25623.35 its lowest closing level since 22 December 2015. The Sensex lost 564.33 points or 2.15% at the days low of 25596.57. The index declined 44.38 points or 0.16% at the days high of 26116.52.The Nifty lost 171.90 points or 2.16% to settle at 7791.30 its lowest closing level since 22 December 2015. The index lost 182.10 points or 2.28% at the days low of 7781.10. The index fell 25.65 points or 0.32% at the days high of 7937.55.All the nineteen sectoral indices on BSE were in the red. The BSE Telecom index down 3.2% the BSE Bankex index down 2.59% BSE Finance index down 2.5% BSE Industrials down 2.42% and the BSE Auto index down 2.12% underperformed the Sensex. The BSE Healthcare index down 1.79% the S&P BSE Energy index down 1.54% BSE Oil & Gas index down 1.46% the BSE IT index down 1.37% the S&P BSE Basic Materials index down 1.26% BSE Metal index down 1.25% BSE FMCG index down 0 ",
WriteIf(DateNum()== 1160105 , " PRE SESSION:  Market may edge higher in early trade \n  Market may edge higher in early trade. Trading of Nifty 50 futures on the Singapore stock exchange indicated that the Nifty could gain 26.50 points at the opening bell.In overseas markets Asian markets were trading mixed. US stocks closed lower yesterday 4 January 2016 weighed by renewed concerns of global economic slowdown and increased tensions in the Middle East. An overnight drop in Chinese stocks that triggered a circuit breaker under a new rule also pressured sentiment.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 667.15 crore yesterday 4 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 222.79 crore yesterday 4 January 2016 as per provisional data.Among key corporate news Wipro after market hours yesterday 4 January 2016 announced that it has appointed TK Kurien as the Executive Vice Chairman and Abidali Z Neemuchwala as the Chief Executive Officer and member of the board of the company. Both these appointments are effective 1 February 2016. Kurien will continue to report to Azim Premji and will remain a member of the board until 31 March 2017.Grasim Industries Grasim announced after market hours yesterday 4 January 2016 that Aditya Birla Chemicals India ABCIL has been merged with company from the appointed date of 1 April 2015 with all the requisite approvals for the scheme of amalgamation in place. With the merger becoming effective Grasims standalone EBITDA earnings before interest taxation depreciation and amortization for the six months ended 30 September 2015 stands increased from Rs 728 crore pre-merger to about Rs 883 crore post-merger. Grasim will issue 14.62 lakh equity shares to the eligible shareholders of ABCIL in the ratio of one equity share of Rs 10 each of Grasim for every sixteen shares of Rs 10 each of ABCIL. This merger has resulted in the geographical diversification of the Chlor-Alkali business of \n \n END SESSION: Benchmark indices slide for the second day in a row \n Amid a divergent trend among various index constituents the two key benchmark indices registered minuscule to small losses. The barometer index the S&P BSE Sensex fell 43.01 points or 0.17% to settle at 25580.34. The 50-unit Nifty 50 index fell 6.65 points or 0.09% to settle at 7784.65. The Sensex and the Nifty both hit 2-1/2-week closing low as these two key benchmark indices fell for the second day in a row. The broad market depicted strength. More than two stocks rose against each stock that fell on BSE. 2064 shares rose and 844 shares declined. A total of 99 shares were unchanged.TCS edged lower on media reports that the company has joined the bidding process for Perot Systems an IT management business of Dell Inc. Metal and mining stocks edged higher as copper prices rose in global commodities markets. JSW Steel moved higher after the company announced that the Karnataka high court on 3 December 2015 provided a partial relief on the payment of Forest Development Tax FDT while hearing a petition filed by mine owners and the purchasers of iron ore including JSW Steel on the levy of FDT by the Karnataka state government.Shares of gas production and distribution companies rose after the Supreme Court upheld temporary ban on sale of large diesel vehicles in New Delhi.In overseas markets European stocks reversed initial gains. Chinese stocks edged lower in choppy trade amid worries about how Chinese regulators would address the market volatility and potential selling by big shareholders. In mainland China the Shanghai Composite index ended 0.26% lower. In Hong Kong the Hang Seng index lost 0.65%. Concerns over the slowing Chinese economy and falling yuan triggered 7% decline in Chinese stocks yesterday 4 January 2016 triggering a halt to trading and leading to a global selloff. US stocks closed sharply lower yesterday 4 January 2016 weighed by renewed concerns of global economic slowdown and increased tensions in the Middle East.The Sensex fell 43.01 points or 0.17% to settle at 25580.34 its lowest closing level since 18 December 2015. The index fell 109.60 points or 0.42% at the days low of 25513.75. The barometer index rose 143.41 points or 0.55% at the days high of 25766.76.The Nifty declined 6.65 points or 0.09% to settle at 7784.65 its lowest closing level since 18 December 2015. The index fell 28.05 points or 0.36% at the days low of 7763.25. The index rose 39.90 points or 0.51% at the days high of 7831.20.The BSE Mid-Ca ",
WriteIf(DateNum()== 1160106 , " PRE SESSION:  Market may edge slightly lower in early trade \n  Market may edge lower in the opening trade. Trading of Nifty 50 futures on the Singapore stock exchange indicated that the Nifty could fall 7 points at the opening bell.In overseas markets Asian markets were trading mostly lower. In China the Shanghai Composite index was currently up 0.61%. Latest data showed that the Caixin China services purchasing managers index PMI fell to a 17-month low of 50.2 in December 2015 from 51.2 in November 2015. US stocks closed on a mixed note yesterday 5 January 2016 amid pressure from decline in oil prices.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 352.42 crore yesterday 5 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 13.19 crore yesterday 5 January 2016 as per provisional data.Grasim Industries and Aditya Birla Chemicals India ABCIL separately announced after market hours yesterday 5 January 2016 that their respective board of directors fixed 15 January 2016 as the record date in terms of the scheme of merger for determining the entitlement of the shareholders of ABCIL to receive shares of Grasim Industries in the ratio of one share of Grasim Industries for every 16 shares held in ABCIL. Grasim will issue 14.62 lakh equity shares to the eligible shareholders of ABCIL. ABCIL has been merged with Grasim Industries from the appointed date of 1 April 2015 with all the requisite approvals for the scheme of amalgamation in place.Mahindra & Mahindra M&M before market hours today 6 January 2016 announced that Mahindra Susten a step down subsidiary of Mahindra Holdings which is in turn a subsidiary of M&M has incorporated a company MachinePulse Tech in India on 5 January 2016 as its subsidiary. MachinePulse Tech has been incorporated to carry on the businesses of software and data analytics and to undertake other IT enabled services.On the macro front Markit Economics will unveil the outcome o \n \n END SESSION: Sensex Nifty hit lowest closing level in more than three weeks \n Metal stocks and index heavyweights ITC and L&T led losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 174.01 points or 0.68% to settle at 25406.33. The losses for the 50-unit Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty shed 43.65 points or 0.56% to settle at 7741. The two key benchmark indices lost ground during the latter part of the trading session after seeing a range bound movement until afternoon trade. Weakness in global stocks weighed on domestic bourses.The Sensex and the Nifty both hit their lowest closing level in more than three weeks as the two key benchmark indices extended losses for the third straight trading session.Metal and mining stocks witnessed across the board decline after a monthly survey pointed to weakness in Chinas services sector. Shares of public sector oil marketing companies PSU OMCs edged higher as global crude oil prices fell. Shares of oil exploration and production E&P companies dropped along with crude oil prices. Index heavyweight Reliance Industries RIL edged higher on reports that a foreign brokerage has maintained conviction buy on the stock. Narayana Hrudayalaya which operates a chain of hospitals made a strong debut.In overseas stock markets European stocks edged lower as investors continued to fret over slowing economic growth in China. US stock futures pointed to sharp losses at the opening bell after weak Chinese services data cemented fears of an economic slowdown in the worlds second largest economy. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 203 points at the opening bell today 6 January 2015.Asian equities edged lower as China continued guiding the yuan lower and after the outcome of a monthly survey pointed to weakness in Chinas services sector. Fresh geopolitical concerns over the Korean Peninsula also weighed on sentiment in Asian markets after an announcement from North Korea that it had successfully conducted a hydrogen-bomb test.The Sensex fell 174.01 points or 0.68% to settle at 25406.33 its lowest closing level since 15 December 2015. The index fell 222.64 points or 0.87% at the days low of 25357.70. The index rose 52.23 points or 0.2% at the days high of 25632.57.The Nifty shed 43.65 points or 0.56% to settle at 7741 its lowest closing level since 15 December 2015. The index fell 63.45 points or 0.81% at the days low of 7721.20. The index rose 16.30 points or 0. ",
WriteIf(DateNum()== 1160107 , " PRE SESSION:  Market set to open lower on weak global cues \n  Market is set to open sharply lower on weak global cues. Trading of Nifty 50 futures on the Singapore stock exchange indicated that the Nifty could fall 69 points at the opening bell.In overseas markets Asian markets edged lower after overnight slide on Wall Street. In China trading was suspended for the day after the CSI 300 index tumbled more than 7% in early trade triggering the markets circuit breaker for a second time this week. US stocks closed sharply lower yesterday 6 January 2015 pressured by continued concerns about global economic growth declining oil prices and increased geopolitical tensions.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 242.48 crore yesterday 6 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 576.57 crore yesterday 6 January 2016 as per provisional data.Lupin after market hours yesterday 6 January 2016 announced that its US subsidiary Lupin Pharmaceutical Inc. has launched in the US its Tri-Lo-Marzia Tablets Norgestimate and Ethinyl Estradiol Tablets USP 0.180 mg/0.025 mg 0.215 mg/0.025 mg and 0.250 mg/0.025 mg after receiving approval from the United States Food and Drug Administration FDA to market a generic equivalent of Janssen Pharmaceuticals Inc. Janssen Ortho Tri-Cyclen Lo Tablets Norgestimate and Ethinyl Estradiol Tablets USP 0.180 mg/0.025 mg 0.215 mg/0.025 mg and 0.250 mg/0.025 mg. Lupins Tri-Lo-Marzia Tablets are the AB rated generic equivalent of Janssen Ortho Tri-Cyclen Lo Tablets. It is indicated for use by women to prevent pregnancy. Ortho Tri-Cyclen Lo Tablets had annual sales of $488.4 million in the US as per IMS MAT September 2015 data. The product represents Lupins 16th oral contraceptive launch in the US.HDFC after market hours yesterday 6 January 2016 announced that it will issue secured redeemable non-convertible debentures worth Rs 690 crore on private placement basi \n \n END SESSION: Sensex tumbles to 19-month low on China market rout \n As another China led selloff gripped global markets Indian stocks witnessed a steep slide with the barometer index the S&P BSE Sensex falling below the psychological 25000 level. The Sensex lost 554.50 points or 2.18% to settle at 24851.83. The 50-unit Nifty 50 index slumped 172.70 points or 2.23% to settle at 7568.30. Stocks from metal and mining sector oil exploration and production firms and public sector banks led losses as the two key benchmark indices fell for the fourth day in a row. The Sensex hit its lowest closing level in more than 19 months. The Nifty hit its lowest closing level in more than 17 weeks. A fresh rout in Chinese stocks pulled global markets sharply lower. Trading was halted in mainland China after Chinas central bank continued to fix the onshore yuans value lower to the US dollar.After opening with a downward gap the Sensex and the Nifty remained in negative zone throughout the trading session.Shares of oil exploration and production E&P companies edged lower as global crude oil prices fell sharply. Concerns about Chinese demand sent shares of Tata Motors tumbling. Shares of engineering and construction major L&T edged lower on concerns that the slowdown in the Middle East due to the crash in crude oil prices could affect the companys revenue. Axis Bank moved lower after reports that the government is mulling to sell a part of its stake in the private sector bank.All the nineteen sectoral indices on BSE registered losses. Metal and mining stocks edged lower on concerns over Chinas economic growth.Trading in mainland China was suspended for the rest of the day after the CSI 300 index tumbled more than 7% in early trade triggering the markets circuit breaker for a second time this week. Chinas central bank again surprised markets by setting onshore yuans value lower to the US dollar deepening concerns about the economy and sending the domestic stock markets tumbling. The Peoples Bank of China set the daily yuan reference-exchange rate against the US dollar 0.5% weaker compared with the previous days closing level marking the largest adjustment toward yuan weakness since the currency devaluation on 13 August 2015.European stock markets moved sharply lower on the back of more turbulence in China where markets were halted for trade after significant losses. US stock futures slumped indicating a downbeat open on Wall Street as another trading halt in China and sliding oil prices fueled heavy selling. Trading in  ",
WriteIf(DateNum()== 1160108 , " PRE SESSION:  Market may edge higher in early trade \n  Market may edge higher in early trade. Trading of Nifty 50 futures on the Singapore stock exchange indicated that the Nifty could gain 7.50 points at the opening bell.In overseas markets Asian markets were mixed. US stocks closed sharply lower yesterday 7 January 2016 as lower oil prices and a rout in Chinese stocks renewed concerns about global economic growth.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1051.74 crore yesterday 7 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 190.86 crore yesterday 7 January 2016 as per provisional data.L&T announced after market hours yesterday 7 January 2016 that L&T Hydrocarbon Engineering LTHE a fully owned subsidiary of L&T in consortium with McDermott has bagged an offshore contract from ONGC valued at Rs 2450 crore for the development of ONGCs Vashista and S1 deepwater fields situated off the East Coast of India. LTHEs share in the consortium is Rs 640 crore.HDFC after market hours yesterday 7 January 2016 announced that its wholly owned subsidiary HDFC Capital Advisors has been appointed as an investment manager for the HDFC Capital Affordable Real Estate Fund-1 HCARE-1. HCARE-1 is a Sebi registered Alternative Investment Fund AIF and has been sponsored by HDFC. HDFC said that the fund has received an aggregate commitment for an amount of Rs 2700 crore from various investors. One of the key objectives of HCARE-1 is to primarily make medium to long term investments towards development of mass housing where the residential units would be priced in a manner so as to cater to the residential demand of the urban middle-income households. HDFC said that the targeted fund size is approximately Rs 5000 crore and the first close will be Rs 2700 crore. The tenure of the fund will be 12 years and it will invest in the long-term equity of mid income housing HDFC said.As another China led selloff  \n \n END SESSION: Benchmark indices snap 4-day losing streak \n Stocks from power oil and IT sector and private sector banks led gains as key benchmark indices snapped a 4-day losing streak. The barometer index the S&P BSE Sensex rose 82.50 points or 0.33% to settle at 24934.33. The gains for the 50-unit Nifty 50 index were higher in percentage terms than those for Sensex. The Nifty rose 33.05 points or 0.44% to settle at 7601.35. The Sensex and the Nifty traded in positive zone throughout the trading session. But the Sensex failed to retain the psychological 25000 level after moving past that mark in intraday trade.The modest gains for the two key benchmark indices materialized as Asian and European stocks stabilized in the wake of Chinas decision to scrap a controversial new circuit breaker system blamed for triggering a rout in Chinese stocks this week.L&T edged lower and Reliance Industries RIL edged higher after a foreign brokerage reportedly replaced L&T with RIL in its Asia ex-Japan long-only portfolio. Tata Motors recovered after a recent steep slide triggered by concerns about Chinese demand. Tata Steel edged higher after Managing Director T V Narendran was quoted as saying that commercial production at the companys Kalinganagar steel plant in Odisha is likely to begin from 1 April 2016. Sun Pharmaceutical Industries rose on reports that a foreign brokerage has maintained buy rating on the stock.In overseas stock markets Chinese stocks led gains in Asian markets after China Securities Regulator removed its four-day-old circuit-breaker system that was blamed for triggering a rout in Chinese stocks this week. In mainland China the Shanghai Composite index settled with gains of 1.97%. Chinas central bank meanwhile guided the yuan stronger against the dollar further helping to calm the markets somewhat. Chinese markets were suspended from trading on Monday 4 January 2016 and Thursday 7 January 2016 after they fell by the 7% limit allowed in the new circuit-breaker system ushered in this year.European stocks edged higher as Chinese stocks stabilized after authorities removed a controversial new circuit breaker system which failed to reduce market volatility. Trading in US stock index futures pointed to a recovery in US stocks later in the global day. Trading in US index futures indicated that the Dow Jones Industrial Average could gain 135.50 points at the opening bell today 8 January 2016. US stocks tumbled yesterday 7 January 2016 as persistent worries about the health of the Chinese econom ",
WriteIf(DateNum()== 1160111 , " PRE SESSION:  Market may mirror weak global cues \n  Market is seen opening lower in the early trade tracking negative leads from the global market. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 93.50 points at the opening bell.In overseas markets Asian shares fell sharply following a global rout last week that centered on worries about the Chinese economy and falling yuan. US stocks closed sharply lower on Friday 8 January 2016 ending the week with the biggest percentage declines since 23 September 2011. Selling was triggered by concerns over a slowdown in Chinas economy and plunging oil prices.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1236.95 crore on Friday 8 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1003.99 crore on Friday 8 January 2016 as per provisional data.Among corporate news Tata Power Company after market hours on Friday 8 January 2016 announced about the issue of unsecured non-cumulative redeemable taxable listed rated Non-Convertible Debentures NCDs amounting to Rs 500 crore on private placement basis. The company will issue 5000 debentures having tenure of 7 years with floating rate of NCDs linked with base rate of State Bank of India. The date of allotment of debentures is 12 January 2016 and the date of maturity is 12 January 2023.Container Corporation of India after market hours on Friday 8 January 2016 announced that the management has detected a suspected case of misappropriation of companys funds of an approximate value of Rs 1.24 crore at one of its regional offices. The management has initiated immediate action against the suspected perpetrators and has also taken steps to plug loopholes in the system to prevent any similar leakages in the future.Ashok Leyland after market hours on Friday 8 January 2016 announced that it received an order worth $50 million from the Ministry of Local Government P \n \n END SESSION: Sensex hits lowest closing level in more than 19 months \n Losses for IT and pharma sector stocks public sector banks and index heavyweight HDFC pulled key benchmark indices lower in a volatile trading session. The barometer index the S&P BSE Sensex fell 109.29 points or 0.44% to settle at 24825.04. The 50-unit Nifty 50 index declined 37.50 points or 0.49% to settle at 7563.85. The Sensex hit its lowest level in more than 19 months on intraday basis as well as on closing basis. The Nifty hit its lowest level in almost 18 months on intraday basis. On closing basis the Nifty hit an 18-week low.After an initial steep slide triggered by weakness in global markets the Sensex and the Nifty staged a strong rebound. Gains in European stocks aided further recovery for Indian stocks with the two key benchmark indices moving into positive zone from negative zone in mid-afternoon trade. The benchmark indices soon slipped into the red from green.IT major TCS fell ahead of its Q3 December 2015 results tomorrow 12 January 2016. Shares of index heavyweight Reliance Industries RIL advanced. Cadila Healthcare edged higher after the company said that its manufacturing plant at Baddi Himachal Pradesh has successfully obtained the Establishment Inspection Report from the United States Food & Drug Administration USFDA.In overseas stock markets European shares slipped in volatile trade. Earlier during the global day Chinese stocks led losses for Asian equities as jitters returned over a slowdown in Chinas economy and the way Beijing handles it. In mainland China the Shanghai Composite index fell 5.33%. In Hong Kong the Hang Seng index ended 2.76% lower. Figures out over the weekend showed Chinas consumer inflation barely edged up in December and factory-gate prices continued to fall adding to concerns about growing deflation risks in the worlds second-largest economy.US stocks closed sharply lower during the previous trading session on Friday 8 January 2016 as the December nonfarm payroll report showed weakness in the pace of wage growth and as crude oil prices tumbled.The Sensex fell 109.29 points or 0.44% to settle at 24825.04 its lowest closing level since 4 June 2014. The Sensex rose 27.55 points or 0.11% at the day high of 24961.88. The barometer index lost 335.43 points or 1.35% at the days low of 24598.90.The Nifty declined 37.50 points or 0.49% to settle at 7563.85 its lowest closing level since 7 September 2015. The Nifty rose 3.75 points or 0.04% at the day high of 7605.10. The index fell 107 po ",
WriteIf(DateNum()== 1160112 , " PRE SESSION:  Market May Open Lower On Negative Asian Cues \n  Market is seen opening lower in the early trade as global cues continue to remain negative. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 21 points at the opening bell.In the overseas market most Asian stocks were trading lower as investors worried over the extent of Chinas economic slowdown and its impact on emerging markets. US stocks eked out small gains yesterday 11 January 2016 after dipping in and out of negative territory as a deepening rout in oil prices hit the energy sector on the heels of the worst weekly start ever to a new year.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1319.24 crore yesterday 11 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 900.99 crore yesterday 11 January 2016 as per provisional data.Among corporate news IndusInd Bank and IT major TCS will announce their Q3 results today 12 January 2016.Tata Motors announced after market hours yesterday 11 January 2016 that Tata Motors Group global wholesales including Jaguar Land Rover rose 7% at 91762 units in December 2015 over December 2014. Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range rose 6% at 32475 units in December 2015 over December 2014. Global wholesales of all passenger vehicles rose 8% at 59287 units in December 2015 over December 2014. Global wholesales of Tata Motors passenger vehicles declined 32% at 8371 units in December 2015 over December 2014.Shares of oil exploration firms state-run oil marketing companies and aviation companies will be in focus as crude oil prices witnessed a further slide. In the global commodities markets Brent for February settlement lost $2 a barrel or 5.96% to settle at $31.55 a barrel during the previous trading session.Housing Development Finance Corporation HDFC announced after market hours yesterday 11 January 2016 th \n \n END SESSION: Benchmark Indices Edge Lower For The Second Day In A Row \n Data showing stepping up of selling of Indian stocks by foreign portfolio investors FPIs hit sentiment adversely as Indian stocks fell for the second day in a row. The barometer index the S&P BSE Sensex fell 143.01 points or 0.58% to settle at 24682.03. The losses for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty fell 53.55 points or 0.71% to settle at 7510.30. Stocks from banking telecom and oil sector led losses for the two key benchmark indices which traded in negative zone for most part of the trading session. The Sensex hit its lowest closing level in more than 19 months. The Nifty hit its lowest level in almost 18 months.Shares of oil exploration and production companies edged lower as crude oil prices declined sharply. Steel stocks led decline among metal stocks. Federal Bank plunged after reporting weak third quarter results.Data showing stepping up of selling of Indian stocks by foreign portfolio investors FPIs hit sentiment on the bourses adversely. Foreign portfolio investors FPIs sold shares worth a net Rs 1050.48 crore into the secondary equity market yesterday 11 January 2016 higher than their outflow of Rs 677.80 crore during the preceding trading session on 8 January 2016 as per data from National Securities Depository NSDL.The Sensex fell 143.01 points or 0.58% to settle at 24682.03 its lowest closing level since 30 May 2014. The Sensex hit its lowest level in more than 19 months when it fell 227.93 points or 0.91% at the days low of 24597.11. The barometer index rose 57.26 points or 0.23% at the days high of 24882.30.The Nifty fell 53.55 points or 0.71% to settle at 7510.30 its lowest closing level since 14 July 2014. The Nifty hit its lowest level in almost 18 months when it fell 76.05 points or 1% at the days low of 7487.80. The index rose 24.45 points or 0.32% at the days high of 7588.30.The broad market depicted weakness. There were almost two losers against every gainer on BSE. 1848 shares fell and 941 shares rose. A total of 165 shares were unchanged. The BSE Mid-Cap index shed 0.94%. The BSE Small-Cap index lost 1.03%. The fall in both these indices was higher than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 2631 crore lower than turnover of Rs 2917.95 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Telecom index down 1.93% the S&P BSE Bankex down 1.76% the S ",
WriteIf(DateNum()== 1160113 , " PRE SESSION:  Market May Open Higher On Positive Global Cues \n  Market is seen opening higher in the early trade tracking positive leads from Asian markets and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 52 points at the opening bell.In overseas markets Asian shares rallied today 13 January 2016 after Chinese data trade data beat expectations offering a rare shaft of light for the global economy. China reported that its exports rose 2.3% in yuan-denominated terms in December from a year earlier while imports dipped 4%. US stocks ended higher yesterday 12 January 2016 led by gains in technology and health care stocks.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 540.99 crore on yesterday 12 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 141.25 crore on yesterday 12 January 2016 as per provisional data.Among economic news Indias Index of Industrial Production IIP declined 3.2% in November 2015 over a year ago driven by high base effect with the output rising 5.2% in November 2014. Also with the festive season holidays for the month led to lesser number of working days in November this year compared with November last year. The government disclosed the data after market hours yesterday 12 January 2016.The all-India general consumer price index CPI inflation inched up to 5.61% in December 2015 new base 2012=100 while recording rise for fifth straight month. the CPI inflation had stood at 5.41% in November 2015. The corresponding provisional inflation rate for rural area was 6.32% and urban area 4.73% in December 2015 as against 5.95% and 4.71% in November 2015. The core CPI inflation rose to 4.5% in December 2015 from 4.2% in November 2015. The cumulative CPI inflation eased to 4.2% in April-December 2015 compared with 6% in April-December 2014. The government disclosed the data after market hours y \n \n END SESSION: Benchmark Indices Snap 2-Day Losing Streak \n Gains in global stocks aided modest upmove for the two key equity benchmark indices in India in what was a highly volatile trading session. The barometer index the S&P BSE Sensex rose 172.08 points or 0.7% to settle at 24854.11. The 50-unit Nifty 50 index rose 52.10 points or 0.69% to settle at 7562.40. The two key benchmark indices snapped a two-day losing streak. The broad market depicted weakness.It was a highly volatile trading session. Gains in global stocks took key benchmark indices higher in early trade. In a sudden reversal of trend the Sensex and the Nifty slipped into the red from green in mid-morning trade. After extending intraday slide in afternoon trade the two key benchmark indices staged a strong rebound later. After extending gains in mid-afternoon trade the Sensex and the Nifty trimmed gains in late trade.TCS edged lower on weak Q3 results. IndusInd Bank edged higher after the bank announced that it has partnered with online payment solution leader PayU India to redefine the digital experience for Indian consumers.In overseas stock markets European shares edged higher with better-than-expected Chinese trade data tempering some of the concerns about a slowdown in the worlds second largest economy. US stocks edged higher yesterday 12 January 2016 as investors bought shares of consumer technology and health-care companies even as the energy sector slipped.Asian stocks edged higher after Chinese trade data for December 2015 beat expectations and as Chinese authorities guided the yuan in a stable range for the fourth day in a row. However stocks fell in mainland China. The Shanghai Composite ended 2.42% lower. Its losses accelerated in the last hour of trading. Chinas exports rose 2.3% in December 2015 from a year earlier in yuan terms after a drop of 3.7% in November 2015. Imports fell 4% in December 2015 in yuan terms from a year earlier compared with a 5.6% decrease in November 2015.The Sensex rose 172.08 points or 0.7% to settle at 24854.11 its highest closing level since 8 January 2016. The barometer index rose 274.51 points or 1.11% at the days high of 24956.54. The Sensex fell 294.34 points or 1.19% at the days low of 24387.69.The Nifty rose 52.10 points or 0.69% to settle at 7562.40 its highest closing level since 11 January 2016. The Nifty rose 80.65 points or 1.07% at the days high of 7590.95. The index fell 84.50 points or 1.12% at the days low of 7425.80.The broad market depicted weakness. More than t ",
WriteIf(DateNum()== 1160114 , " PRE SESSION:  Market May Slide At Opening Bell \n  Market may edge lower in the early trade tracking weak cues from global market. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 94.50 points at the opening bell.In overseas market Asian markets tumbled today 14 January 2016 mirroring sharp losses on Wall Street. Chinas Shanghai Composite was off by 1.51%. US stocks slumped yesterday 13 January 2016 as investors offloaded consumer-discretionary and health-care shares. A renewed slump in crude-oil prices added to the selling pressure driving the S&P 500 and the Dow Industrials to their lowest levels since 29 September 2015.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 75.90 crore yesterday 13 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 618.79 crore yesterday 13 January 2016 as per provisional data.Among corporate news Infosys will announce Q3 results today 14 January 2016.Tata Steel announced after market hours yesterday 13 January 2016 that the sharp fall in international steel prices due to excessive exports from China and other has triggered a review of the companys credit rating by Standard and Poor S&P. The corporate credit rating has been downgraded by 1 notch. Tata Steel said that its long term corporate credit rating has been downgraded by S&P to BB- from earlier BB. Tata Steel UK Holdings long term corporate credit rating has been downgraded to B+ from BB-. ABJA Investment Co. Pte.s issue rating on its guaranteed senior unsecured notes has been downgraded to BB- from BB. S&P has affirmed B short term corporate credit rating on Tata Steel UK Holdings.Tata Motors announced after market hours yesterday 13 January 2016 that a meeting of the board of directors of the company will be held on 18 January 2016 to consider and approve buyback of unsecured non-convertible debentures aggregating Rs 200 crores due to mature  \n \n END SESSION: Benchmark Indices Edge Lower On Weakness In Global Stocks \n Losses for banking and metal sector stocks along with index heavyweights L&T and Reliance Industries RIL pushed key benchmark indices lower. The barometer index the S&P BSE Sensex fell 81.14 points or 0.33% to settle at 24772.97. The 50-unit Nifty 50 index fell 25.60 points or 0.34% to settle at 7536.80. The Sensex and the Nifty both staged a strong rebound from an initial steep slide triggered by a fresh setback in global stocks. The Sensex however failed to retain the psychological 25000 level. The index pierced that mark for a brief period in intraday trade. The broad market depicted weakness.Index heavyweight and IT major Infosys jumped after the company raised its revenue growth guidance for the year ending 31 March 2016 FY 2016 at the time of announcement of its third quarter results during market hours. Metal shares declined amid continued worries about Chinas stalling economy. Tata Steel fell after the company announced that the sharp fall in international steel prices has triggered a downgrade of the companys corporate credit rating by Standard and Poor S&P by 1 notch. Power Grid Corporation of India edged higher after the companys board of directors accorded approval to investment proposals aggregating Rs 2510.34 crore for various transmission projects.In overseas stock markets European shares declined after oil price volatility helped drive Wall Street to its biggest drop in three months overnight. Asian stocks edged lower with investor sentiment hit adversely due to a selloff in US stocks overnight. Attacks in Indonesias capital Jakarta also soured sentiment in Asian stock markets. US stocks slumped yesterday 13 January 2016 as a rout in oil prices heightened worries about the global economy.The Sensex fell 81.14 points or 0.33% to settle at 24772.97 its lowest closing level since 12 January 2016. The index fell 380.89 points or 1.53% at the days low of 24473.22. The index rose 164.35 points or 0.66% at the days high of 25018.46.The Nifty fell 25.60 points or 0.34% to settle at 7536.80 its lowest closing level since 12 January 2016. The index fell 118.60 points or 1.56% at the days low of 7443.80. The index rose 42.40 points or 0.56% at the days high of 7604.80.The BSE Mid-Cap index lost 1%. The BSE Small-Cap index declined 1.27%. The decline in both these indices was higher than the Sensexs decline in percentage terms.The broad market depicted weakness. More than two stocks fell for each stock that rose on B ",
WriteIf(DateNum()== 1160115 , " PRE SESSION:  Market May Edge Higher At Opening Bell \n  Market is seen opening higher after overnight rally on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 10.50 points at the opening bell.In overseas market Asian shares were trading on a mixed note. China shares hovered near bear-market territory extending an early-year selloff. Chinas Shanghai Composite was down 1.20%. US stocks rallied sharply yesterday 14 January 2016 as a rebound in oil prices allowed the main indexes to claw back much of the steep fall seen in the previous session.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1221.97 crore yesterday 14 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1526.22 crore yesterday 14 January 2016 as per provisional data.Among corporate news Hindustan Unilever and Zee Entertainment Enterprises are scheduled to announce their Q3 December 2015 results today 15 January 2016.NMDC in its latest price review has kept prices of lump ore unchanged at Rs 1800 per tonne. The state-run iron ore miner also kept the prices of iron ore fines unchanged at Rs 1560 per tonne. The prices are excluding royalty taxes DMF duties levies etc. The announcement was made after market hours yesterday 14 January 2016.Losses for banking and metal sector stocks along with index heavyweights L&T and Reliance Industries RIL pushed key benchmark indices lower yesterday 14 January 2016. The barometer index the S&P BSE Sensex fell 81.14 points or 0.33% to settle at 24772.97. The 50-unit Nifty 50 index fell 25.60 points or 0.34% to settle at 7536.80. The Sensex and the Nifty both staged a strong rebound from an initial steep slide triggered by a fresh setback in global stocks. The Sensex however failed to retain the psychological 25000 level. The index pierced that mark for a brief period in intraday trade. The broad market depicted weakne \n \n END SESSION: Key Indices Hit Lowest Closing Level In More Than 19 Months \n Losses for stocks of public sector banks and metal and power sector companies led losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 317.93 points or 1.28% to settle at 24455.04. The 50-unit Nifty 50 index fell 99 points or 1.31% to settle at 7437.80. After seeing a range bound movement until mid-afternoon trade key benchmark indices witnessed a sudden slide later. The broad market depicted weakness. The broad based losses for Indian stocks materialized amid lower global stocks. The Sensex and the Nifty both hit their lowest closing levels in more than 19 months.Shares of oil exploration and production firms declined as crude oil prices fell. Metal shares dropped on continued worries about slowing growth in Chinas economy.In overseas stock markets European stocks edged lower as investor concerns about global growth intensified and oil retreated. Chinese stocks led decline in Asian equities amid worries about slowing growth in Chinas economy. In mainland China the Shanghai Composite index ended 3.55% lower. In Hong Kong the Hang Seng index lost 1.33%. The latest data showed new yuan loans in December were well below the previous months lending and broad M2 money supply growth also slowed.US stock index futures pointed at steep losses for US stocks later in the global day. Trading in US index futures indicated that the Dow Jones Industrial Average could fall 276 points at the opening bell today 15 January 2016. US stocks surged yesterday 14 January 2016 as a rebound in oil prices allowed the main indexes to claw back much of the steep fall seen in the previous session.The Sensex fell 317.93 points or 1.28% to settle at 24455.04 its lowest closing level since 30 May 2014. The Sensex fell 351.44 points or 1.41% at the days low of 24421.53 in late trade. The barometer index rose 139.67 points or 0.56% at the days high of 24912.64.The Nifty 50 index fell 99 points or 1.31% to settle at 7437.80 its lowest closing level since 4 June 2014. The index fell 109.50 points or 1.45% at the days low of 7427.30. The index rose 29.70 points or 0.39% at the days high of 7566.50.The BSE Mid-Cap index fell 2.68%. The BSE Small-Cap index fell 3.13%. The decline in both these indices was higher than the Sensexs decline in percentage terms.The broad market depicted weakness. More than five stocks fell for each stock that rose on BSE. 2288 shares fell and 399 shares rose. A total of 144 shares were unchanged.The total turno ",
WriteIf(DateNum()== 1160118 , " PRE SESSION:  Market May Open Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 11 points at the opening bell.In overseas markets Asian stocks declined on a fresh bout of sell-off amid further slide in crude oil prices. US stocks dropped sharply on Friday 15 January 2016 on the back of oil rout onslaught of earnings season and volatility in China.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1123.79 crore on Friday 15 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 688.84 crore on Friday 15 January 2016 as per provisional data.Shares of state-run oil marketing companies PSU OMCs will be in focus after Indian Oil Corporation IOCL announced a reduction in petrol price by 32 paise per litre and diesel by 85 paise a litre with effect from Saturday 16 January 2016. Petrol in Delhi now costs Rs 59.03 per litre while diesel will cost Rs 44.18 a litre.Meanwhile the government has increased the basic excise duty on unbranded petrol to Rs 8.48 per litre from Rs 7.73 per litre and the same on unbranded diesel to Rs 9.83 per litre from Rs 7.83 a litre with effect from 16 January 2016.Asian Paints Kotak Mahindra Bank and Wipro are set to announce their Q3 December 2015 earnings today 18 January 2016.Maruti Suzuki India MSIL on Saturday 16 January 2016 announced a price increase ranging from Rs 1000 to Rs 4000 across models ex-showroom Delhi. Price of the recently launched model Baleno has been increased in the range of Rs 5000 to Rs 12000 MSIL said. This price increase is with effect from 16 January 2016.State Bank of India SBI after market hours on Friday 15 January 2016 announced that the committee of directors authorized by the banks board of directors at its meeting held on 15 January 2016 inter-alia authorized the bank to seek shareholders approval and to write to the Government of India GoI and the Rese \n \n END SESSION: Market Sees A Broad Based Decline \n Losses for oil sector stocks and index heavyweight Reliance Industries RIL pulled key benchmark indices lower at the onset of the week. The barometer index the S&P BSE Sensex shed 266.67 points or 1.09% to settle at 24188.37. The 50-unit Nifty 50 index lost 86.80 points or 1.17% to settle at 7351. The Sensex and the Nifty extended losses in late trade in what was a volatile trading session. The Sensex hit its lowest closing level in more than 20 months. The Nifty hit its lowest closing level in more than 19 months. Data showing substantial selling of Indian stocks by foreign portfolio investors FPIs hit sentiment on the domestic bourses adversely. Weakness in Asian stocks and a sharp slide in US stocks during the previous trading session on Friday 15 January 2015 also hit investor sentiment with Indian stocks sliding for the third day in a row.The broad market depicted weakness. There were more than seven losers against every gainer on BSE. 2399 shares declined and 329 shares rose. A total of 139 shares were unchanged. Quite a few small-cap stocks witnessed a steep slide. Losses ranged from 8% to 19.15% for the top losers from the BSE Small-Cap index. Among the BSE Mid-Cap constituents top 40 losers registered losses ranging from 3% to 11.76%.The BSE Mid-Cap index shed 2.72%. The BSE Small-Cap index lost 4.05%. The fall in both these indices was higher than the Sensexs decline in percentage terms.Shares of oil exploration and production firms declined as crude oil prices extended steep losses registered during the previous trading session.In overseas stock markets Asian stocks declined amid ongoing worries that China is losing its grip on its economy. European stocks edged higher in choppy trade. US stocks dropped sharply during the previous trading session on Friday 15 January 2016 as oil prices plunged and investors worried about slowing growth in the US.The Sensex shed 266.67 points or 1.09% to settle at 24188.37 its lowest closing level since 16 May 2014. The index fell 313.05 points or 1.28% at the days low of 24141.99. The index rose 69.81 points or 0.28% at the days high of 24524.85.The Nifty lost 86.80 points or 1.17% to settle at 7351 its lowest closing level since 30 May 2014. The index fell 101.40 points or 1.36% at the days low of 7336.40. The index rose 25.85 points or 0.34% at the days high of 7463.65.The total turnover on BSE amounted to Rs 3181 crore higher than turnover of Rs 2920.07 crore registered during th ",
WriteIf(DateNum()== 1160119 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 11 points at the opening bell.In overseas markets Asian stocks were trading marginally higher after Chinese GDP figures were mostly in line with expectations. Chinas economy grew 6.8% in the fourth quarter from a year earlier data released today 19 January 2016 showed easing from 6.9% in the third quarter. It is the weakest pace of expansion since the first quarter of 2009 when growth tumbled to 6.2%. Other Chinese economic data released today 19 January 2016 showed that on a quarter-on-quarter basis economic growth eased to 1.6% in the fourth-quarter down from 1.8% in the third quarter. US markets were closed yesterday 18 January 2016 for Martin Luther King Day holiday.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1203.84 crore yesterday 18 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1122.80 crore yesterday 18 January 2016 as per provisional data.Reliance Industries unveils its Q3 December 2015 results today 19 January 2016.Shares of Tata Motors will be in focus. Tata Motors has appointed Guenter Butschek as Chief Executive Officer & Managing Director for a period of 5 years. Butschek will lead all operations of Tata Motors in India and in international markets including South Korea Thailand Indonesia and South Africa. Jaguar Land Rover would continue to be managed by its Chief Executive Officer and Director Ralf Speth who is also on the Board of Tata Motors. Butschek is expected to join the company by 15 February 2016. The announcement was made after market hours yesterday 18 January 2016.Tata Motors announced that the board of directors of the company at its meeting held on 18 January 2016 approved the buy-back of unsecured non-convertible debentures NCDs as part of its debt restructuring programme to ensure balanced  \n \n END SESSION: Market Snaps 3-Day Losing Streak \n Banking and telecom sector stocks and index heavyweight Reliance Industries RIL led recovery as Indian stocks snapped a three day losing streak. The barometer index the S&P BSE Sensex gained 291.47 points or 1.21% to settle at 24479.84. The gains for Sensex in percentage terms were higher than the gains for the 50-unit Nifty 50 index. The Nifty gained 84.10 points or 1.14% to settle at 7435.10. Gains in global stocks aided the upmove on the domestic bourses.RIL edged higher ahead of its Q3 December 2015 results. Reliance Power moved higher after reporting strong third quarter results. Maruti Suzuki India dropped after a foreign brokerage reportedly said that the recent price cuts in its premium crossover S-Cross by over Rs 2 lakh in order to gain traction in the market could adversely impact the companys profit margins.In overseas stock markets Chinese stocks led gains in Asian equities after data pointing to slower Chinese economic growth fanned stimulus hopes. In mainland China the Shanghai Composite index ended with gains of 3.22%. In Hong Kong the Hang Seng index rose 2.07%. Chinas economy grew 6.8% in the fourth quarter from a year earlier easing from 6.9% in the third quarter. It was the weakest pace of expansion since the first quarter of 2009 when growth tumbled to 6.2%. Chinas economic growth rate slowed to a 25-year low of 6.9% in 2015. Chinas GDP expansion stood at 7.3% in 2014.European stocks edged higher as slowing growth in China raised hopes for further stimulus for the worlds second-largest economy. US stock index futures pointed at firm opening for US stocks later in the global day. Trading in US index futures indicated that the Dow Jones Industrial Average could gain 243 points at the opening bell today 19 January 2016.The Sensex gained 291.47 points or 1.21% to settle at 24479.84 its highest closing level since 14 January 2016. The index jumped 374.97 points or 1.55% at the days high of 24563.34. The index rose 58.86 points or 0.24% at the days low of 24247.23.The Nifty gained 84.10 points or 1.14% to settle at 7435.10 its highest closing level since 15 January 2016. The index rose 111.75 points or 1.52% at the days high of 7462.75. The index rose 13.15 points or 0.17% at the days low of 7364.15.The market breadth indicating the overall health of the market was strong. On BSE 1727 shares gained and 948 shares fell. A total of 150 shares were unchanged.The BSE Mid-Cap index rose 1.75%. The BSE Small-Cap inde ",
WriteIf(DateNum()== 1160120 , " PRE SESSION:  A Weak Opening On The Cards \n  Domestic stocks are likely to see a weak opening following negative Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 71 points at the opening bell.In overseas markets Asian stocks dropped as sliding oil prices heightened investor concern that the global growth outlook is worsening. The Peoples Bank of China PBOC said late yesterday 19 January 2016 that it would inject more than 600 billion yuan $91.22 billion into the financial system to help ease a liquidity squeeze expected before the Lunar New Year holiday in early February.US stocks finished mostly higher yesterday 19 January 2016 as the S&P 500 and Dow Industrials managed to hold on to minor gains amid a renewed rout in oil prices that took the wind out of an early rally.Meanwhile the International Monetary Fund IMF cut its global economic growth forecast for 2016 yesterday 19 January 2016 as it expects a number of factors to weigh on world economies. Global growth for 2016 is seen at 3.4% up from a 3.1% forecast for 2015 but 0.2% lower than previously forecast the IMFs World Economic Outlook report said.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 857.70 crore yesterday 19 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1386.83 crore yesterday 19 January 2016 as per provisional data.RILs consolidated net profit jumped 38.7% to Rs 7290 crore on 23.9% decline in revenue to Rs 73341 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 19 January 2016. RILs standalone gross refining margins GRM increased to a seven-year high at $11.5 per barrel in Q3 December 2015 from $7.3 a barrel in Q3 December 2014. Strong gasoline and naptha cracks seasonal rebound in middle distillates cracks robust demand growth and sourcing of advantageous crude helped boost ref \n \n END SESSION: Sensex Hits Lowest Closing Level In More Than 20 Months \n Losses for public sector banks and index heavyweight Reliance Industries RIL led decline for key benchmark indices as selloff in global stocks pulled Indian stocks lower. The barometer index the S&P BSE Sensex lost 417.80 points or 1.71% to settle at 24062.04. The 50-unit Nifty 50 index dropped 125.80 points or 1.69% to settle at 7309.30. The Sensex and the Nifty cut losses in late trade after a steep slide in mid-afternoon trade triggered by a selloff in European stocks. The Sensex settled above the psychological 24000 mark. Earlier the Sensex alternately moved above and below the psychological 24000 mark after falling below that mark in early afternoon trade. On closing basis the Sensex hit its lowest level in more than 20 months. The Nifty hit its lowest closing level in more than 19 months.The broad market depicted weakness. There were almost four losers against every gainer on BSE. 2105 shares declined and 536 shares rose. A total of 138 shares were unchanged. Quite a few stocks forming part of the BSE Small-Cap index registered losses exceeding more than 5%. Among the BSE Mid-Cap constituents top 30 losers registered losses ranging from 3.08% to 7.9%.The BSE Mid-Cap index dropped 2.01%. The BSE Small-Cap index lost 2.04%. The fall in both these indices was higher than the Sensexs decline in percentage terms.Metal and mining stocks declined as copper prices fell in global commodity markets. Shares of oil exploration and production firms declined on slide in global crude oil price. Axis Bank edged lower ahead of the announcement of its third quarter results. Stock price of Maruti Suzuki India shed extended losses registered during the previous trading session triggered by a foreign brokerage raising concerns about the companys profit margins. Tata Motors dropped on concerns about Chinas economic slowdown.In overseas stock markets European stocks fell sharply as concerns over plummeting oil prices and worries over global economic growth continued to weigh. US stock index futures pointed at heavy losses for US stocks later in the global day. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 326 points at the opening bell today 20 January 2016. Earlier during the global day Hong Kong and Japan led decline in Asian stocks as Hong Kong dollars decline against the US dollar weighed on markets across the region. In Hong Kong the Hang Seng index dropped 3.82%. In Japan the Nikkei 225 Average ended 3.71 ",
WriteIf(DateNum()== 1160121 , " PRE SESSION:  Market May Open Higher On Positive Asian Stocks \n  The market is likely to open higher following positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 49 points at the opening bell.In overseas markets Asian shares rose as crude oil prices rebounded after recent steep slide. US stocks ended a wild session sharply lower yesterday 20 January 2016 but trimmed heavier losses scored earlier in the session as a modest bounce off session lows by crude-oil prices provided some relief.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1324.69 crore yesterday 20 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1383.14 crore yesterday 20 January 2016 as per provisional data.Axis Banks net profit rose 14.5% to Rs 2175.30 crore on 14.66% rise in total income to Rs 12531.11 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 20 January 2016.On absolute basis Axis Banks gross non-performing assets NPAs stood at Rs 5724.05 crore as on 31 December 2015 compared with Rs 4451.11 crore as on 30 September 2015 and Rs 3901.59 crore as on 31 December 2014. The ratio of gross NPAs to gross advances stood at 1.68% as on 31 December 2015 as against 1.38% as on 30 September 2015 and 1.34% as on 31 December 2014. The ratio of net NPAs to net advances stood at 0.75% as on 31 December 2015 as against 0.48% as on 30 September 2015 and 0.44% as on 31 December 2014.As on 31 December 2015 the banks provision coverage as a proportion of gross NPAs including prudential write-offs was 72%. The provision coverage before accumulated write-offs was 82% Axis Bank said in a statement.The banks provisions and contingencies rose 40.5% to Rs 712.59 crore in Q3 December 2015 over Q3 December 2014.Tata Steel announced that its group company TS Global Minerals Holdings has signed an in-principle agreement with the  \n \n END SESSION: Sensex Falls Below 24000 Mark \n Losses for index heavyweight Reliance Industries RIL and oil sector stocks outweighed gains for bank stocks and index heavyweight Infosys with key benchmark indices registering modest losses. The barometer index the S&P BSE Sensex fell 99.83 points or 0.41% to settle at 23962.21. The 50-unit Nifty 50 index shed 32.50 points or 0.44% to settle at 7276.80. The Sensex fell below the psychological 24000 mark and hit its lowest closing level in more than 20 months. The Nifty hit its lowest closing level in more than 19 months.Idea Cellular dropped ahead of the announcement of its third quarter results. Shares of oil exploration and production firms declined as crude oil prices edged lower. Shares of PSU OMCs edged lower on media reports that the government is proposing to levy a 0.5% Swachh Bharat cess on petrol and diesel. Axis Bank surged after reporting good third quarter numbers. Tata Motors edged lower with the stock extending its recent losses triggered by concerns about Chinas economic slowdown. Car maker Maruti Suzuki India dropped with the stock extending its recent losses triggered by a foreign brokerage raising concerns about the companys profit margins.In overseas stock markets European stocks rose as investors looked to the European Central Banks ECB monthly policy meeting hoping for some reassurance from President Mario Draghi as global markets remain extremely volatile. Earlier during the global day modest early gains in Asian markets were wiped out as bearish sentiment took hold later as interest rates in Hong Kong climbed and Bank of Japan Governor Haruhiko Kuroda said the bank isnt considering using negative interest rate policy to help the countrys economy. In mainland China Shanghai Composite ended 3.23% lower after extending losses towards the close of the trading session. In Hong Kong the Hang Seng index fell 1.82%. In Japan the Nikkei 225 Average ended 2.43% lower.US stocks ended a wild session sharply lower yesterday 20 January 2016 but trimmed heavier losses scored earlier in the session as a modest bounce off session lows by crude-oil prices provided some relief.The Sensex fell 99.83 points or 0.41% to settle at 23962.21 its lowest closing level since 15 May 2014. The index fell 200.04 points or 0.83% at the days low of 23862. The index jumped 289.79 points or 1.2% at the days high of 24351.83.The Nifty shed 32.50 points or 0.44% to settle at 7276.80 its lowest closing level since 30 May 2014. The index ",
WriteIf(DateNum()== 1160122 , " PRE SESSION:  Market May Open On A Firm Note On Positive Asian Stocks \n  The market is likely to see a gap-up opening following positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 55 points at the opening bell.In overseas markets Asian shares rose tracking overnight gains in US stocks. In mainland China Shanghai Composite was currently off 0.41%. In Hong Kong the Hang Seng index was up 1.74%. In Japan the Nikkei 225 Average was up 3.59% on speculation for more easing amid hopes that the Bank of Japan would opt for additional stimulus at its 28-29 January policy meeting. US stocks closed higher yesterday 21 January 2016 after a hint of more monetary easing by the European Central Bank ECB and a rebound in crude oil prices.In Europe the ECB President Mario Draghi yesterday 21 January 2016 signaled that the governing council may provide more stimulus at its next meeting in March noting that the outlook for inflation had weakened significantly. The ECB left its key interest rates unchanged even as low energy prices and concerns about Chinas impact on the global economy threaten to derail the central banks efforts to bring inflation back to its target.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1747.23 crore yesterday 21 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1267.74 crore yesterday 21 January 2016 as per provisional data.Idea Cellulars consolidated net profit fell 0.37% to Rs 764.21 crore on 10.92% rise in total income to Rs 9040.48 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 21 January 2016. The net profit was dragged down by sharp fall in other income to Rs 30.79 crore in Q3 December 2015 from Rs 132.62 crore in Q3 December 2014. The EBITDA earnings before interest taxation depreciation and amortization margin improved 0.4% on year-on-year basis at 34.7% in  \n \n END SESSION: Sensex Regains 24000 Level On Strong Global Cues \n Metal auto and banking sector stocks led the rally on the domestic bourses triggered by a rebound in global stocks with the barometer index the S&P BSE Sensex reclaiming the psychologically important 24000 mark. The Sensex surged 473.45 points or 1.98% to settle at 24435.66. The 50-unit Nifty 50 index gained 145.65 points or 2% to settle at 7422.45. The Sensex and the Nifty traded in positive zone throughout the trading session after both these indices opened with upward gap. The two key benchmark indices snapped a 2-day losing streak.Shares of engineering and construction major L&T surged after announcing a large order win. Mahindra & Mahindra M&M jumped after announcing the launch of its mHawk new 1.99 litre diesel engine. Axis Bank extended previous days gains triggered by the bank reporting good Q3 results. Stocks of oil exploration and production E&P companies rose as global crude oil prices recovered. Idea Cellular fell sharply after the companys third-quarter earnings fell short of street estimates.The broad market depicted strength. More than three stocks rose against each stock that fell on BSE. 2060 shares gained and 598 shares fell. A total of 164 shares were unchanged. A number of small-cap stocks surged. Quite a few stocks forming part of the BSE Small-Cap index registered gains exceeding 5%. Among the BSE Mid-Cap constituents top 26 gainers registered gains ranging from 3.01% to 6.52%. The BSE Mid-Cap index has a total of 83 constituents at present.The BSE Small-Cap index rose 2.25% outperforming the Sensex. The BSE Mid-Cap index rose 1.9% underperforming the Sensex.In overseas stock markets European stocks extended gains registered during the previous trading session triggered by prospect of further monetary stimulus for the eurozone economy. European Central Bank ECB President Mario Draghi yesterday 21 January 2016 signaled at a news conference that the ECB governing council may provide more stimulus at its next meeting in March noting that the outlook for inflation had weakened significantly. The ECB left its key interest rates unchanged after a monetary policy review.US stock index futures pointed at further gains for US stocks. Trading in US index futures indicated that the Dow Jones Industrial Average could gain 205 points at the opening bell today 22 January 2016. US stocks edged higher yesterday 21 January 2016 as oil prices bounced back.Earlier during the global day Japan and Hong Kong led gains in Asian st ",
WriteIf(DateNum()== 1160125 , " PRE SESSION:  Market May Open Higher On Firm Asian Stocks \n  Key indices may edge higher in early trade tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 29.50 points at the opening bell. Volatility may increase in the near term as traders roll over positions in the futures & options F&O segment from the near month January 2016 series to February 2016 series. The near month January 2016 derivatives contracts are set to expire on Thursday 28 January 2016.The stock market remains closed for the Republic Day holiday tomorrow 26 January 2016.In overseas markets Asian shares gained as the blizzard on the US East coast pushed oil prices higher relieving some of the bearish pressure on Wall Street and world markets. US stocks rose on Friday 22 January 2016 helped by a recovery in oil from multiyear lows and hopes of stimulus overseas. The Federal Open Market Committee FOMC is widely expected to keep US interest rates unchanged after the conclusion of a two-day monetary policy meeting on 26-27 January 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 769.83 crore on Friday 22 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 915.60 crore on Friday 22 January 2016 as per provisional data.Among corporate news HDFC Bank is scheduled to announce its Q3 results today 25 January 2016.Index heavyweight and cigarette major ITCs net profit rose 0.67% to Rs 2652.82 crore on 3.46% rise in total income to Rs 9854.66 crore in Q3 December 2015 over Q3 December 2014. The result hit the market at the closing bell on Friday 22 January 2016.Cairn Indias consolidated net profit fell 99.35% to Rs 8.69 crore on 44.53% drop in total income to Rs 2230.19 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours on Friday 22 January 2016.Shares of four public sector undertakings PSUs viz. Coal India \n \n END SESSION: Market Gains For The Second Day In A Row \n A divergent trend among various index constituents resulted in small gains for key benchmark indices. The barometer index the S&P BSE Sensex rose 50.29 points or 0.21% to settle at 24485.95. The 50-unit Nifty 50 index rose 13.70 points or 0.18% to settle at 7436.15. The Sensex hit 1-1/2-week closing high and the Nifty settled at over one week high. The two key benchmark indices edged higher for the second trading session in a row.Index heavyweight and cigarette major ITC edged higher in volatile trade after announcing its third quarter results. HDFC Bank eked out small gains after announcing decent Q3 results. Shares of oil exploration and production companies rose after a rebound in crude oil prices which also helped the Cairn India stock shrug off weak third quarter results. Shares of public sector oil marketing companies PSU OMCs fell after a rebound in crude oil prices.The market breadth indicating the overall health of the market was strong. On BSE 1730 shares gained and 924 shares fell. 166 shares were unchanged. The BSE Mid-Cap index rose 0.24%. The BSE Small-Cap index rose 0.94%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 2599 crore lower than turnover of Rs 3498.12 crore registered during the previous trading session.In overseas stock markets European stocks fell as oil prices reversed earlier gains and as weak business sentiment numbers from Germany highlighted growing concerns about the outlook for the global economy. Earlier during the global day Asian shares edged higher on speculation that the Japans central bank will increase its asset-purchase program at its meeting later this week on 28-29 January 2016. US stocks ended sharply higher during the previous trading session on Friday 22 January 2016 as oil futures surged and investors were encouraged by hints of potential central-bank stimulus in Europe and Japan. At a news conference after the conclusion of European Central Banks ECB regular policy review ECB President Mario Draghi signalled last week that the ECB governing council may provide more stimulus at its next meeting in March noting that the outlook for inflation had weakened significantly.The Sensex rose 50.29 points or 0.21% to settle at 24485.95 its highest level since 14 January 2016. The Sensex jumped 214.91 points or 0.87% at the days high of 24650.57. The barometer index fell 1.99 points or 0.01% at the days low of 24433.67.The Nifty rose 13.70 points or 0.18% ",
WriteIf(DateNum()== 1160127 , " PRE SESSION:  Market May Gain In Early Trade On Firm Asian Stocks \n  Key benchmark indices may open higher tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 39.50 points at the opening bell. High volatility may witness in the near term as traders roll over positions in the futures & options F&O segment from the near month January 2016 series to February 2016 series. The near month January 2016 derivatives contracts are set to expire tomorrow 28 January 2016.The stock market remained closed for the Republic Day holiday yesterday 26 January 2016.In overseas markets Asian shares gained ahead of the Federal Reserves policy statement due later in the global day. US stocks ended sharply higher yesterday 26 January 2016 as energy stocks soared amid a rebound in oil prices. The Federal Open Market Committee FOMC is widely expected to keep US interest rates unchanged after the conclusion of a two-day monetary policy meeting today 27 January 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 91.15 crore on Monday 25 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 307.89 crore on Monday 25 January 2016 as per provisional data.Among corporate news Housing finance major HDFC and Power Grid Corporation of India are scheduled to announce their third quarter results today 27 January 2016.HCL Technologies announced after market hours on Monday 25 January 2016 acquisition of Point to Point and Point to Point Products jointly referred as Point to Point or P2P UKs leading end-user cloud solutions design implementation and delivery specialists. With over a decade of experience in the desktop and application virtualization space Point to Point provides a range of enterprise workplace transformation services and end-user cloud engineering solutions.As part of the acquisition HCL will be acquiring 100% outstanding shares of the co \n \n END SESSION: Key Indices End Flat After Seeing Intraday Volatility \n Gains for index heavyweight ITC and power sector stocks offset losses for index heavyweights HDFC and Reliance Industries RIL and cement stocks resulting in a flat closing for key benchmark indices. The barometer index the S&P BSE Sensex rose 6.44 points or 0.03% to settle at 24492.39. The 50-unit Nifty 50 index rose 1.60 points or 0.02% to settle at 7437.75. With minuscule gains the Sensex and the Nifty both attained their highest closing level in almost two weeks.The two key benchmark indices witnessed intraday volatility as traders rolled over positions in the futures & options F&O segment from the near month January 2016 series to February 2016 series. The January 2016 derivatives contracts are set to expire tomorrow 28 January 2016. Soon after opening with upward gap key benchmark indices slipped into the red. After hovering near the flat line in mid-morning trade key benchmark indices moved higher in early afternoon trade as Asian stocks extended gains and as Chinese stocks staged an intraday rebound. Volatility ruled the roost as key benchmark indices regained positive terrain after slipping into the red from green in mid-afternoon trade.Power Grid Corporation of India surged ahead of its Q3 results. Axis Bank edged lower on reports that the government is looking to sell some of its stake in the private sector bank.The market breadth indicating the overall health of the market was positive. On BSE 1361 shares gained and 1197 shares fell. A total of 188 shares were unchanged. The BSE Mid-Cap rose 0.3%. The BSE Small-Cap index rose 0.57%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 2632 crore higher than turnover of Rs 2615.35 crore registered during the previous trading session.The Sensex rose 6.44 points or 0.03% to settle at 24492.39 its highest closing level since 14 January 2016. The Sensex fell 27.82 points or 0.11% at the days low of 24458.13. The barometer index rose 159.75 points or 0.65% at the days high of 24645.70.The Nifty rose 1.60 points or 0.02% to settle at 7437.75 its highest closing level since 15 January 2016. The Nifty shed 16.45 points or 0.22% at the days low of 7419.70. The index rose 41.75 points or 0.56% at the days high of 7477.90.Among sectoral indices on BSE the S&P BSE Utilities index up 2.15% the S&P BSE Power index up 1.61% the S&P BSE Telecom index up 1.12% the S&P BSE Realty index up 1.08% the S&P BSE Healthcare index up 0.69% the S ",
WriteIf(DateNum()== 1160128 , " PRE SESSION:  Market May Open Slightly Higher \n  Key benchmark indices may edge higher in early trade tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 17 points at the opening bell. High volatility may witness today 28 January 2016 as traders roll over positions in the futures & options F&O segment from the near month January 2016 series to February 2016 series. The near month January 2016 derivatives contracts are set to expire today 28 January 2016.In overseas markets Asian stocks gained after the Federal Reserve indicated yesterday 27 January 2016 that it will be gradual in raising interest rates amid global market turmoil. US stocks fell yesterday 27 January 2016 as the Federal Reserve held US interest rates unchanged as expected after a two-day policy meet and said it was closely monitoring global economic and financial developments.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 366.93 crore yesterday 27 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 499.99 crore yesterday 27 January 2016 as per provisional data.Among corporate news Power Grid Corporation of India reported 31.26% rise in net profit to Rs 1613.12 crore on 22.7% rise in total income to Rs 5504.83 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 27 January 2016.HDFC reported 6.66% rise in net profit to Rs 1520.51 crore on 6.46% rise in total income to Rs 7327.69 crore in Q3 December 2015 over Q3 December 2014. As at 31 December 2015 the loan book stood at Rs 248097 crore as against Rs 219939 crore as at 31 December 2014. The result was announced after market hours yesterday 27 January 2016.On a consolidated basis HDFC reported 11.01% rise in net profit to Rs 2419 crore on 2.96% rise in total income to Rs 12306.52 crore in Q3 December 2015 over Q3 December 2014.Meanwhile \n \n END SESSION: Market Snaps 3-Day Winning Streak \n Losses for stocks of telecom firms banks and index heavyweight HDFC outweighed gains for stocks of oil production and exploration companies pharma firms and index heavyweight ITC with key benchmark indices registering small losses. The barometer index the S&P BSE Sensex fell 22.82 points or 0.09% to settle at 24469.57. The 50-unit Nifty 50 index shed 13.10 points or 0.18% to settle at 7424.65. After seeing a lacklustre movement during the first half of the trading session key indices turned volatile later. After reversing intraday losses in afternoon trade the Sensex and the Nifty extended gains in mid-afternoon trade. The two key benchmark indices once again slipped into the red from green after a sudden slide in late trade.The Sensex and the Nifty snapped a three-day winning streak. Both these key benchmark indices hit their lowest closing level in almost a week.Pharma stocks advanced as the rupee edged lower against the dollar. Shares of oil exploration and production companies rose after a rebound in crude oil prices. Vedanta shrugged off weak third quarter results. Power Grid Corporation of India edged higher after reporting strong Q3 results. HDFC dropped after the company reported a muted growth in bottom line in Q3 December 2015The market breadth indicating the overall health of the market was negative. On BSE 1313 shares fell and 1243 shares rose. A total of 178 shares were unchanged. The BSE Mid-Cap index fell 0.36%. The losses for this index were higher in percentage terms than those for the Sensex. The BSE Small-Cap index slipped 0.04%. The losses for this index were lower in percentage terms than those for the Sensex.The total turnover on BSE amounted to Rs 2440 crore lower than turnover of Rs 2657.17 crore registered during the previous trading session.The Sensex fell 22.82 points or 0.09% to settle at 24469.57 its lowest closing level since 22 January 2016. The Sensex rose 94.81 points or 0.38% at the days high of 24587.20. The barometer index fell 91.87 points or 0.37% at the days low of 24400.52.The Nifty shed 13.10 points or 0.18% to settle at 7424.65 its lowest closing level since 22 January 2016. The Nifty rose 31.10 points or 0.41% at the days high of 7468.85. The index shed 28.15 points or 0.37% at the days low of 7409.60.Among sectoral indices on BSE The S&P BSE Telecom index down 2.41% the S&P BSE Capital Goods index down 1.72% the S&P BSE Bankex down 0.91% the S&P BSE Finance index down 0.9% th ",
WriteIf(DateNum()== 1160129 , " PRE SESSION:  Market May Open Slightly Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 17 points at the opening bell. In overseas markets Asian stocks were mixed. US stocks finished higher yesterday 28 January 2016 boosted by a jump in oil prices along with an earnings-driven surge in the shares of Facebook Inc. and Under Armour Inc.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 961.82 crore yesterday 28 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 394.22 crore yesterday 28 January 2016 as per provisional data.Among corporate news Bharti Airtels consolidated net profit fell 22.24% to Rs 1116.90 crore on 3.76% rise in total income to Rs 24103.40 crore in Q3 December 2015 over Q3 December 2014. The results are as per International Financial Reporting Standards IFRS. The result was announced after market hours yesterday 28 January 2016. EBITDA rose 8.3% to Rs 8475 crore in Q3 December 2015 over Q3 December 2014. EBITDA margin expanded to 35.2% in Q3 December 2015 from 33.7% in Q3 December 2014.Meanwhile Bharti Airtel and Axiata Group Berhad Axiata yesterday 28 January 2016 signed a definitive agreement to merge their respective telecommunication subsidiaries in Bangladesh namely Airtel Bangladesh Airtel and Robi Axiata Robi. The announcement was made after market hours yesterday 28 January 2016. The agreement follows the 9 September 2015 announcement of both parties entering into an exclusive discussion to explore possibility of combining the business operations in Bangladesh.Post-merger the combined entity operating as Robi will serve approximately 4 crore customers. The joint strengths of Robi and Airtel will deliver the widest mobile network coverage across Bangladesh strengthening its position in the mobile internet segment as well as consolidating its position as the second largest operator in the country \n \n END SESSION: Sensex Attains 3-Week Closing High \n Trading for the week ended on an upbeat note as key equity benchmark indices in India surged joining in a global rally after the Bank of Japan said it would adopt a negative interest rate policy for the first time. The barometer index the S&P BSE Sensex jumped 401.12 points or 1.64% to settle at 24870.69. The gains for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty gained 138.90 points or 1.87% to settle at 7563.55. The Sensex attained a three-week closing high and the Nifty hit 2-1/2-week closing high.Shares of Vedanta jumped and Cairn India fell on media reports that Vedantas board of directors is likely to meet today 29 January 2016 to discuss merger of Cairn India with the company with modified terms. Shares of oil exploration and production firms rose on a recovery in global crude oil prices. Yes Bank jumped after the bank said it continues to show resilience on all asset quality parameters with an improving outlook going forward. ICICI Bank dropped after the bank reported a rise in bad loans in Q3 December 2015.Dr Reddys Laboratories rose after the company received approval from United States Food & Drug Administration USFDA for ZEMBRACESymTouch sumatriptan succinate injection for the treatment of acute migraines in adults. NTPC edged lower after reporting weak third quarter results. Bharti Airtel edged lower in volatile trade after reporting weak third quarter results. Titan Company jumped after reporting decent growth in bottom line in Q3 December 2015.The Sensex jumped 401.12 points or 1.64% to settle at 24870.69 its highest closing level since 8 January 2016. The index jumped 442.33 points or 1.8% at the days high of 24911.90. The index fell 129.51 points or 0.52% at the days low of 24340.06.The Nifty gained 138.90 points or 1.87% o settle at 7563.55 its highest closing level since 11 January 2016. The index rose 151 points or 2.03% at the days high of 7575.65. The index shed 21.85 points or 0.29% at the days low of 7402.80.The market breadth indicating the overall health of the market was strong. On BSE 1565 shares gained and 1023 shares fell. A total of 195 shares were unchanged. The BSE Mid-Cap index rose 2.02% outperforming the Sensex. The BSE Small-Cap index gained 1.07% underperforming the Sensex.The total turnover on BSE amounted to Rs 2618 crore higher than turnover of Rs 2451.22 crore registered during the previous trading session.NTPC declined 1.49% after th ",
WriteIf(DateNum()== 1160201 , " PRE SESSION:  Market May Edge Higher In Early Trade On Positive Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 54 points at the opening bell on positive global cues.In overseas stock markets Asian stocks edged higher extending previous trading sessions gains. In China the Shanghai Composite index was currently off 0.77%. Latest data showed that Chinas Caixin manufacturing PMI inched up to 48.4 last month a slight pick-up from a reading of 48.2 in December 2015. The January reading was still below the 50-point neutral level which separates a contraction from an expansion. US stocks closed sharply higher on Friday 29 January 2016 after the Bank of Japan unexpectedly adopted a negative interest rate policy for the first time.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 571.70 crore on Friday 29 January 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 240.02 crore on Friday 29 January 2016 as per provisional data released by the stock exchanges.Among corporate news shares of state-run oil marketing companies PSU OMCs will be in spotlight after the government on Saturday 30 January 2016 hiked the excise duty on petrol by Rs 1 per litre and Rs 1.50 on diesel. Basic excise duty on unbranded or normal petrol has been increased from Rs 8.48 per litre to Rs 9.48 and the same on unbranded diesel from Rs 9.83 per litre to Rs 11.33.L&Ts consolidated net profit rose 19% to Rs 1035 crore on 8.4% growth in gross revenue to Rs 26058 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours on Friday 29 January 2016.The company garnered fresh orders worth Rs 38528 crore at the group level in Q3 December 2015. The international order inflow during the quarter at Rs 11115 crore constituted 29% of the total order inflow L&T said. Major orders during the quarter were secured by the infrastructure segment the company said in a sta \n \n END SESSION: Key Indices Edge Lower After Swinging Between Positive And Negative Zone \n After swinging between positive and negative zone alternately in intraday trade the two key benchmark indices registered small losses. The barometer index the S&P BSE Sensex fell 45.86 points or 0.18% to settle at 24824.83. The losses for the Sensex were higher in percentage terms than those for the 50-unit Nifty 50 index. The Nifty lost 7.60 points or 0.1% to settle at 7555.95. The Sensex failed to hold the psychological 25000 level after surpassing that mark in intraday trade.Shares of state-run oil marketing companies PSU OMCs edged lower after the government reportedly hiked the excise duty on petrol by Rs 1 per litre and on diesel Rs 1.50 per litre. ICICI Bank dropped with the stock extending losses registered in previous trading session triggered by the private sector bank reporting increase in bad loans in Q3 December 2015. Yes Bank edged higher with the stock extending gains registered in previous trading session triggered by the private sector banks announcement at the time of unveiling Q3 December 2015 results that its non-performing assets remain under control. Maruti Suzuki India dropped after the company reported decline in sales volume in January 2016 due to lesser number of working days.The Sensex fell 45.86 points or 0.18% to settle at 24824.83 its lowest closing level since 28 January 2016. The index lost 82.11 points or 0.33% at the days low of 24788.58. The index rose 131.63 points or 0.52% at the days high of 25002.32.The Nifty lost 7.60 points or 0.1% to settle at 7555.95 its lowest closing level since 28 January 2016. The index lost 22.30 points or 0.29% at the days low of 7541.25. The index rose 36.90 points or 0.48% at the days high of 7600.45.The market breadth indicating the overall health of the market was positive. On BSE 1427 shares rose and 1262 shares declined. A total of 143 shares were unchanged. The BSE Mid-Cap index rose 0.57%. The BSE Small-Cap index gained 0.29%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 2543 crore lower than turnover of Rs 2696.87 crore registered during the previous trading session.Among sectoral indices on BSE the S&P BSE Utilities index down 0.53% the S&P BSE Power index down 0.55% the S&P BSE Auto index down 0.36% the S&P BSE Finance index down 0.75% the S&P BSE Bankex down 1.4% the S&P BSE Oil & Gas index down 0.26% and the S&P BSE Consumer Discretionary Goods & Services index down 0.2% underperformed the Se ",
WriteIf(DateNum()== 1160202 , " PRE SESSION:  Market May Edge Slightly Higher In Early Trade \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 10 points at the opening bell.In overseas stock markets Asian stocks were trading mostly lower after lackluster trading on Wall Street overnight. In China the Shanghai Composite index was currently up 1.91%. US stocks closed slightly lower yesterday 1 February 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 253.88 crore yesterday 1 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 535.70 crore yesterday 1 February 2016 as per provisional data released by the stock exchanges.Interest rate sensitive banking auto and realty stocks will be in spotlight as the Reserve Bank of India RBI is scheduled to announce its sixth bi-monthly monetary policy for the year 2015-16 at 11:00 IST today 2 February 2016. In the fifth bi-monthly monetary policy on 1 December 2015 the RBI kept its benchmark interest rate viz. the repo rate unchanged at 6.75% and the cash reserve ratio CRR for commercial banks unchanged at 4% of net demand and time liability NDTL.Tech Mahindras consolidated net profit fell 3.4% to Rs 759 crore on 1.3% increase in revenue to Rs 6701 crore in Q3 December 2015 over Q2 September 2015. Earnings before interest taxes depreciation and amortization EBITDA rose 3.2% to Rs 1136 crore in Q3 December 2015 over Q2 September 2015. The result was announced after market hours yesterday 1 February 2016.Coal India and its subsidiaries on provisional basis achieved 94% of targeted production at 52.86 million tonnes in January 2016. Coal India and its subsidiaries on provisional basis achieved 95% of targeted offtake at 48.32 million tonnes in January 2016. The announcement was made after market hours yesterday 1 February 2016.Sun Pharmaceutical Industries announced the launch of Imatinib Mesylate Tablets therapeutic equivalent to Glee \n \n END SESSION: Key Indices Edge Lower For The Second Day In A Row \n Stocks of metal and mining companies oil sector firms and public sector companies led losses for key benchmark indices. The barometer index the S&P BSE Sensex lost 285.83 points or 1.15% to settle at 24539. The losses for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty dropped 100.40 points or 1.33% to settle at 7455.55. After seeing high volatility in mid-morning trade in the aftermath of the Reserve Bank of Indias RBI decision to keep its benchmark interest rate unchanged after a monetary policy review the Sensex and the Nifty moved decisively lower later on weakness in European stocks and losses for US index futures with the two key benchmark indices extending losses in late trade. The Sensex and the Nifty edged lower for the second day in a row. World stocks fell as fresh losses for oil weighed on sentiment.The broad market depicted weakness. There were more than two losers against every gainer on BSE. 1843 shares fell and 859 shares rose. A total of 106 shares were unchanged. A number of stocks forming part of the BSE Small-Cap index registered losses exceeding 4% for the trading session. The BSE Small-Cap index skidded 1.25%. The BSE Mid-Cap index shed 1.74%. The losses for both these indices were higher in percentage terms than those for the Sensex.Shares of oil exploration and production E&P companies declined on sharp drop in crude oil price. Bank stocks edged lower after the RBI kept the repo rate and the cash reserve ratio CRR unchanged after the latest policy review. Tech Mahindra dropped after announcing Q3 results. Lupin moved higher after the companys US subsidiary announced the launch of a generic drug in the US.The Sensex lost 285.83 points or 1.15% to settle at 24539 its lowest closing level since 28 January 2016. The index lost 364.30 points or 1.46% at the days low of 24460.53. The index rose 103.92 points or 0.41% at the days high of 24928.75.The Nifty dropped 100.40 points or 1.33% to settle at 7455.55 its lowest closing level since 28 January 2016. The index lost 127.90 points or 1.69% at the days low of 7428.05. The index rose 20.35 points or 0.26% at the days high of 7576.30..The total turnover on BSE amounted to Rs 2888 crore higher than turnover of Rs 2603.85 crore registered during the previous trading session.Among sectoral indices on BSE the S&P BSE Utilities index down 2.11% the S&P BSE Power index down 2.42% the S&P BSE Auto index down 1.39% ",
WriteIf(DateNum()== 1160203 , " PRE SESSION:  Market Set To Edge Lower In Early Trade On Weak Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 66.50 points at the opening bell tracking weakness in Asian markets and overnight slide on the Wall Street.In overseas stock markets. Asian stocks edged lower after sharp slide on Wall Street overnight amid a plunge in oil prices. Latest data showed that Chinas Caixin services purchasing managers index PMI hit a six-month high at 52.4 in January 2016 from 50.2 in December 2015. In China the Shanghai Composite index was currently off 1.25%. US stocks closed sharply lower yesterday 2 February 2016 on renewed decline in oil prices.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 113.98 crore yesterday 2 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 323.23 crore yesterday 2 February 2016 as per provisional data released by the stock exchanges.Shares of public sector oil marketing companies PSU OMCs oil exploration and production E&P firms and aviation stocks will be in focus after sharp decline in oil prices. Brent for April settlement was currently off 2 cents at $32.70 a barrel. The contract had declined $1.52 a barrel or 4.43% to settle at $32.72 a barrel during previous trading session.On the macro front the Nikkei India Service PMI data for the month of January 2016 is due at 10:30 IST today 3 February 2016. Indias Nikkei India Service PMI rose to 51.60 in December 2015 from 50.20 in November 2015.Stocks of metal and mining companies oil sector firms and public sector companies led losses for key benchmark indices yesterday 2 February 2016. The Sensex lost 285.83 points or 1.15% to settle at 24539 its lowest closing level since 28 January 2016.Other StoriesMarket may edge lower on weak Asian cues   10-Feb  08:28Market may extend fall on weak global cues   9-Feb  08:24Market may open lower on negative global cues   8-Feb  \n \n END SESSION: Market Sees Broad Based Decline On Weak Global Cues \n Metal power and oil sector stocks led losses as key benchmark indices edged lower for the third day in a row. The barometer index the S&P BSE Sensex lost 315.68 points or 1.29% to settle at 24247.21. The 50-unit Nifty 50 index lost 93.75 points or 1.26% to settle at 7361.80. The Sensex and Nifty both hit their lowest closing level in almost two weeks. Weakness in global stocks hit sentiment on the domestic bourses adversely. All the nineteen sectoral indices on BSE ended in negative zone.The Sensex and the Nifty traded in negative zone throughout the trading session after opening with a downward gap. After seeing range bound movement in negative zone until the first half of the trading session the two benchmark indices losses witnessed intraday volatility later. The two benchmark indices extended losses in late trade.The broad market depicted weakness. More than three stocks fell against each stock that rose on BSE. 2084 shares declined and 578 shares rose. A total of 98 shares were unchanged. Quite a few stocks constituting the broad based BSE Small-Cap index registered losses exceeding 3%. The BSE Small-Cap index shed 2.25%. The BSE Mid-Cap index dropped 1.3%. The losses for both these indices were higher in percentage terms than those for the Sensex.Stocks from steel aluminium and cement sector edged lower after the Cabinet Committee on Economic Affairs CCEA approved auction based coal linkage for non-regulated sectors. Crompton Greaves slumped a staggering 21.72% in a single trading session after the company reported reversed turnaround in Q3 December 2015. Shares of oil exploration and production E&P firms edged lower after sharp decline in crude oil prices overnight.The Sensex lost 315.68 points or 1.29% to settle at 24247.21 its lowest closing level since 21 January 2016. The index lost 351.46 points or 1.43% at the days low of 24187.54. The index lost 129.74 points or 0.52% at the days high of 24409.26.The Nifty lost 93.75 points or 1.26% to settle at 7361.80 its lowest closing level since 21 January 2016. The index lost 105.25 points or 1.41% at the days low of 7350.30. The index lost 36.15 points or 0.48% at the days high of 7419.40.The total turnover on BSE amounted to Rs 2698 crore lower than turnover of Rs 2937.85 crore registered during the previous trading session.All the nineteen sectoral indices on BSE ended in negative zone. The S&P BSE Utilities index down 2.59% the S&P BSE Power index down 4.16% the S&P  ",
WriteIf(DateNum()== 1160204 , " PRE SESSION:  Market May Edge Higher In Early Trade On Positive Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 57.50 points at the opening bell tracking strength in Asian markets and overnight gains on the Wall Street.In overseas stock markets Asian stocks edged higher tracking overnight gains on Wall Street. US stocks closed higher yesterday 3 February 2016 on sharp rebound in crude oil prices.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 357.13 crore yesterday 3 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 144.78 crore yesterday 3 February 2016 as per provisional data released by the stock exchanges.Among corporate news TCS announced after market hours yesterday 3 February 2016 that Investec India a part of wealth management giant Investec has gone live on TCS BaNCS to power its front and back office operations in India.Among prominent results Bajaj Auto and Tata Steel are scheduled to announce their Q3 December 2015 results today 4 February 2016.Shares of public sector oil marketing companies PSU OMCs oil exploration and production E&P firms and aviation stocks will be in focus after sharp rebound in oil prices. Brent for April settlement was currently up 32 cents at $35.36 a barrel. The contract had surged $2.32 a barrel or 7.09% to settle at $35.04 a barrel during previous trading session.Metal power and oil sector stocks led losses as key benchmark indices edged lower for the third day in a row yesterday 3 February 2016. The Sensex lost 315.68 points or 1.29% to settle at 24247.21 its lowest closing level since 21 January 2016.Other StoriesMarket may extend losses on weak global cues   11-Feb  08:42Market may edge lower on weak Asian cues   10-Feb  08:28Market may extend fall on weak global cues   9-Feb  08:24Market may open lower on negative global cues   8-Feb  08:25Market may open flat to slightly lower   5-Feb  08:2 \n \n END SESSION: Sensex Nifty Snap 3-Day Losing Streak \n Stocks of metal and mining firms oil exploration and production companies and index heavyweight Infosys led gains for key benchmark indices in what was a choppy trading session. The barometer index the S&P BSE Sensex rose 115.11 points or 0.48% to settle at 24338.43. The gains for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty rose 42.20 points or 0.57% to settle at 7404. Gains in Asian stocks aided the upmove on the domestic bourses as the Sensex and the Nifty snapped a 3-day losing streak.The market breadth indicating the overall health of the market was weak. On BSE 1623 shares declined and 1030 shares rose. A total of 123 shares were unchanged. The BSE Mid-Cap index dropped 0.18%. The BSE Small-Cap index declined 0.75%. Both these indices underperformed the Sensex.Shares of oil exploration and production firms gained after sharp rebound in crude oil prices. Shares of public sector oil marketing companies PSU OMCs dropped after a sharp rise in crude oil prices. Metal and mining stocks edged higher as copper prices rose in global commodities markets. Tata Steel edged higher in volatile trade ahead of the announcement of its third quarter results. Pharma stocks edged lower on media reports that the US government has made it mandatory for active pharmaceutical ingredients APIs to be manufactured locally.ABB India surged after reporting robust Q4 December 2015 results. Bajaj Auto edged lower in volatile trade after announcing third quarter results.The Sensex and the Nifty witnessed high intraday volatility. After registering decent gains in early trade on the back of higher Asian stocks the two key benchmark indices trimmed gains in morning trade. The two key benchmark indices recovered from lower level after erasing a lions portion of intraday gains in mid-morning trade. After extending gains in early afternoon trade key indices pared gains in afternoon trade. Immense volatility was witnessed in late trade as the Sensex and the Nifty recovered from lower level after erasing almost entire intraday gains.The Sensex rose 115.11 points or 0.48% to settle at 24338.43 its highest closing level since 2 February 2016. The index jumped 290.69 points or 1.2% at the days high of 24514.01. The barometer index rose 1.42 points at the days low of 24224.74.The Nifty rose 42.20 points or 0.57% to settle at 7404 its highest closing level since 2 February 2016. The index rose 95.25 points or 1.29% at th ",
WriteIf(DateNum()== 1160205 , " PRE SESSION:  Market May Open Flat To Slightly Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 3 points at the opening bell.In overseas stock markets Asian stocks were mixed. In China the Shanghai Composite index was currently off 0.02%. Hong Kongs Hang Seng index was currently up 0.54%. In Japan the Nikkei Stock Average was currently down 1.49%. US stocks closed slightly higher yesterday 4 February 2016 in a choppy trading session.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 195.92 crore yesterday 4 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 476.44 crore yesterday 4 February 2016 as per provisional data released by the stock exchanges.Among corporate news Tata Steel reported consolidated net loss of Rs 2127 crore in Q3 December 2015 compared with net profit of Rs 157 crore in Q3 December 2014. Turnover fell 16.63% to Rs 28039 crore in Q3 December 2015 over Q3 December 2014. Earnings before interest taxation depreciation and amortization EBITDA excluding one-offs and profit on sale of investments declined 69.96% to Rs 838 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 4 February 2016.T V Narendran Managing Director of Tata Steel India and South East Asia said that steel markets in India have been affected by depressed international steel prices and predatory imports. The quarter saw a sharp decline in steel prices which has impacted the margins Narendran said.Koushik Chatterjee Group Executive Director Finance and Corporate said that the current business conditions for the global steel industry are extremely challenging with confluence of elevated imports across regions currency headwinds and depressed market sentiments affecting Tata Steel Groups profitability. The Tata Steel Group has embarked on significant cost rationalisation program including fixed cos \n \n END SESSION: Trading For The Week Ends On Positive Note \n Positive lead from Asian markets aided the upmove on the domestic bourses with key benchmark indices moving higher for the second day in a row. The barometer index the S&P BSE Sensex rose 278.54 points or 1.14% to settle at 24616.97. The 50-unit Nifty 50 index rose 85.10 points or 1.15% to settle at 7489.10. The two key benchmark indices extended gains after seeing a bout of volatility in late trade. Stocks of public sector banks metal and mining firms and pharma companies led the rally for key benchmark indices. All the nineteen sectoral indices on BSE logged gains.In overseas stock markets Asian and European stocks edged higher amid reduced expectations for further interest rate increases from the US Federal Reserve in this calendar year.Lupin jumped after the company reported strong financial performance on sequential basis in Q3 December 2015. Steel sector stocks surge on media reports the government may set minimum import price MIP on steel imports. Mahindra & Mahindra M&M rose after the company announced the launch of its new heavy commercial truck series under the BLAZO brand at the Auto Expo at Greater NOIDA.The Sensex jumped 278.54 points or 1.14% to settle at 24616.97 its highest closing level since 1 February 2016. The index rose 334.47 points or 1.37% at the days high of 24672.90. The index rose 7.36 points or 0.03% at the days low of 24345.79.The Nifty rose 85.10 points or 1.15% to settle at 7489.10 its highest closing level since 1 February 2016. The index rose 99.15 points or 1.33% at the days high of 7503.15. The index rose 2.65 points or 0.03% at the days low of 7406.65.The BSE Mid-Cap index rose 1.9%. The BSE Small-Cap index rose 1.21%. Both these indices outperformed the Sensex.The market breadth indicating the overall health of the market was strong. On BSE 1620 shares rose and 1016 shares declined. A total of 135 shares were unchanged.All the nineteen sectoral indices on BSE logged gains. The S&P BSE Basic Materials index up 1.99% the BSE Finance index up 1.87% the BSE Healthcare index up 3.37% the BSE Bankex index up 2.11% the BSE Metal index up 3.37% the BSE Telecom index up 1.6% and the S&P BSE Auto index up 1.6% outperformed the Sensex. The S&P BSE FMCG index up 0.95% and the BSE Realty index up 1.03% underperformed the Sensex.Bank stocks edged higher on renewed buying. Among public sector banks Canara Bank up 6.04% Union Bank of India up 5.62% Bank of India up 4.88% Punjab ",
WriteIf(DateNum()== 1160208 , " PRE SESSION:  Market May Open Lower On Negative Global Cues \n  Market is seen opening lower in the early trade as US indices end lower and as most Asian indices remain shut. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 31.50 points at the opening bell.In overseas markets Japans Nikkei 225 index retraced some early losses today 8 February 2016 as most major Asian markets remain closed for the Lunar New Year holidays. Markets in mainland China and Taiwan are closed all week. Other markets closed today include Hong Kong South Korea Malaysia the Philippines Vietnam and Singapore. A rout in tech stocks—highlighted by LinkedIn Corp.s massive drop after the business-oriented social network delivered a poor outlook—drove US equities to their largest weekly drop in a month on Friday 5 February 2016. Adding to negative sentiment was a jobs report that showed weaker-than-forecast growth in January. The US generated 151000 nonfarm jobs in the first month of 2016 the Labor Department said. The unemployment rate fell a tick to 4.9% the lowest reading in eight years.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 606.83 crore on Friday 5 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 760.02 crore on Friday 5 February 2016 as per provisional data.Among corporate news Wipro announced before trading hours today 8 February 2016 that it has won an IT infrastructure transformation contract from the ASSA ABLOY Group headquartered in Sweden. ASSA ABLOY is the global leader in door opening solutions. As part of the five-year agreement Wipro will consolidate ASSA ABLOYs existing data centers in the EMEA region and implement a cloud-based service model which will include IaaS Infrastructure as a Service and PaaS Platform as a Service. The deployment will leverage Wipros BoundaryLess Data Center offering and will provide a full suite of IT infrastructur \n \n END SESSION: Benchmark Indices Slide On Weak Global Cues \n Key equity benchmark indices witnessed a sudden slide during the latter part of the trading session as trading in US index futures pointed to a sharp slide in US stocks later in the global day amid fears the Federal Reserve may raise interest rates this year in the wake of mixed US employment data. The barometer index the S&P BSE Sensex lost 329.55 points or 1.34% to settle at 24287.42. The 50-unit Nifty 50 index lost 101.85 points or 1.36% to settle at 7387.25. A setback in European stocks also triggered the latest slide on the domestic bourses. IT oil sector stocks and auto stocks led the latest decline on the bourses. The Sensex and the Nifty both reversed trend after hitting their highest level in almost one week.In overseas stock markets European stocks declined sharply after the latest US employment data raised concerns the Federal Reserve may raise rates this year. Most major Asian markets remain closed for the Lunar New Year holidays. Markets in mainland China and Taiwan are closed all week. Other markets closed today include Hong Kong South Korea Malaysia the Philippines Vietnam and Singapore. In Japan the Nikkei Stock Average ended 1.1% higher. Trading in US stock index futures pointed to a sharp slide in US stocks at the opening bell today 8 February 2016. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 178 points at the opening bell. US stocks closed sharply lower on Friday 5 February 2016 amid a massive drop in technology stocks and as mixed US employment data raised concerns the Federal Reserve may raise rates this year.Public sector banks edged higher after the governments latest measures to boost domestic steel sector. Shares of oil exploration and production firms declined along with slide in crude oil prices. Tata Power Company dropped after the company announced weak Q3 December 2015 results.The Sensex lost 329.55 points or 1.34% to settle at 24287.42 its lowest closing level since 3 February 2016. The index fell 420.13 points or 1.7% at the days low of 24196.84. The index rose 81.98 points or 0.33% at the days high of 24698.95.The Nifty lost 101.85 points or 1.36% to settle at 7387.25 its lowest closing level since 3 February 2016. The index fell 125.90 points or 1.68% at the days low of 7363.20. The index rose 23.45 points or 0.31% at the days high of 7512.55.The BSE Mid-Cap fell 0.23%. The BSE Small-Cap index lost 0.02%. The losses for both these indices were lower  ",
WriteIf(DateNum()== 1160209 , " PRE SESSION:  Market May Extend Fall On Weak Global Cues \n  Market is seen opening lower in the early trade tracking weak leads from Japanese stocks and overnight slide on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 63 points.In overseas markets Japanese stocks nose-dive today 9 February 2016 and join the global sell-off after the stock markets in the US and Europe fell sharply lower the day earlier on the back of steep declines in the banking and financial sectors stocks. Rest of Asia remains closed for the Lunar New Year. China and Taiwan are shut for the week while markets in Hong Kong Singapore South Korea Malaysia and Vietnam are closed today 9 February 2016. The Japanese benchmark index the Nikkei 225 slumped 4.92%. US stocks trimmed sharp losses but still ended broadly lower yesterday 8 February 2016 with the S&P 500 posting its lowest close since April 2014 amid a fresh drop in crude oil prices jitters over European banks and continuing fears of a global economic slowdown.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 84.56 crore yesterday 8 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 279.49 crore yesterday 8 February 2016 as per provisional data.On the economic front Indias Gross Domestic Product GDP expanded at slower pace of 7.3% in Q3 December 2015 compared with 7.7% growth recorded in the previous quarter Q2 September 2015. However the growth is showing acceleration from 6.6% growth recorded in Q3 December 2014. Meanwhile the Central Statistics Office CSO Ministry of Statistics and Programme Implementation has revised its full year GDP growth estimate for the financial year ending March 2016 to 7.6% from 7.1-7.5% range earlier. The data was released after market hours yesterday 8 February 2016.Among corporate news MindTree after market hours yesterday 8 February 2016 announced that it h \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Nearly 3 Weeks \n Banking IT and capital goods stocks led losses as key equity benchmark indices edged lower for the second day in a row. The barometer index the S&P BSE Sensex lost 266.44 points or 1.1% to settle at 24020.98. The losses for 50-unit Nifty 50 index were higher in percentage terms than those for Sensex. The Nifty lost 89.05 points or 1.21% to settle at 7298.20. Weakness in global stocks weighed on sentiment on the domestic bourses. The Sensex reclaimed the psychologically important 24000 mark after falling below that level in intraday trade. The Sensex and the Nifty both hit their lowest closing level in almost three weeks.Auto stocks were mostly lower. JSW Steel declined after the company said that its crude steel production dropped 17.23% to 9.27 lakh tonnes in January 2016 over January 2015. Steel Authority of India dropped after the company reported reverse turnaround in its third quarter results. GAIL India rose after the company announced good Q3 December 2015 earnings.In overseas stock markets Japanese stocks fell sharply joining global market selloff after the stock markets in the US and Europe fell sharply the day earlier on the back of steep declines in the banking and financial sectors stocks. The Nikkei Stock Average ended 5.4% lower. Most other Asian markets were closed for the Lunar New Year holiday. US stocks trimmed sharp losses but still ended broadly lower yesterday 8 February 2016 with the S&P 500 posting its lowest close since April 2014 amid a fresh drop in crude oil prices jitters over European banks and continuing fears of a global economic slowdown.The Sensex lost 266.44 points or 1.1% to settle at 24020.98 its lowest closing level since 21 January 2016. The index fell 367.95 points or 1.51% at the days low of 23919.47. The index fell 176.23 points or 0.73% at the days high of 24111.19.The Nifty lost 89.05 points or 1.21% to settle at 7298.20 its lowest closing level since 21 January 2016. The index fell 112.10 points or 1.51% at the days low of 7275.15. The index fell 63.80 points or 0.86% at the days high of 7323.45.The BSE Mid-Cap index shed 1.91%. The BSE Small-Cap index lost 1.34%. The losses for both these indices were higher in percentage terms than those for the Sensex.The broad market depicted weakness. There were more than two losers against every gainer on BSE. 1780 shares fell and 820 shares rose. A total of 118 shares were unchanged.Among the sectoral indices on BSE the S&P BSE Industrials ind ",
WriteIf(DateNum()== 1160210 , " PRE SESSION:  Market May Edge Lower On Weak Asian Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 67.50 points at the opening bell as weak Asian cues spoiled sentiment.In overseas markets Asian markets extended fall in the Lunar New Years first week of trading with sell-offs in Japan and Singapore today 10 February 2016. Hong Kong and South Korea will resume trading on Thursday. Mainland Chinese markets and Taiwan will be closed for the week. US stocks reported small losses yesterday 9 February 2016 as a rally in materials was offset by losses in the energy sector fueled by a fresh drop in oil prices amid a global stock selloff.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 680.70 crore yesterday 9 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 174.14 crore yesterday 9 February 2016 as per provisional data.Among corporate news TCS will be in focus. In an event held by Nasscom in Mumbai TCS allayed market concerns about the state of demand in the banking and financial services BFS industry vertical by reiterating that the companys business in the BFS vertical continues to grow well ahead of the overall company growth. The company pointed out that revenue from the BFS industry vertical in calendar year CY 2015 grew by 15% year-on-year in constant currency terms. On the other hand company-wide revenue grew 13.5% on a constant currency revenue basis in CY 2015 representing absolute incremental revenue of $2.025 billion TCS said. On an organic basis TCS constant currency revenue addition of $1.85 billion is the highest in the industry in CY 2015 the company said. The announcement was made by the company after market hours yesterday 9 February 2016.Among quarterly results of prominent companies ACC and Ambuja Cements are scheduled to announce their Q4 December 2015 results today 10 February 2016. Cipla is scheduled to announ \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Nearly 21 Months \n Steep losses for stocks of public sector banks triggered by concerns about sticky loans pulled key equity benchmark indices lower with the barometer index the S&P BSE Sensex falling below the psychologically important 24000 mark. The Sensex lost 262.08 points or 1.09% to settle at 23758.90. The 50-unit Nifty 50 index lost 82.50 points or 1.13% to settle at 7215.70. Weak Asian cues spoiled investors sentiment with the Sensex and the Nifty extending their slide to the third straight trading session. The two key benchmarks remained in negative zone throughout the trading session after opening with downward gap. The Sensex and the Nifty both hit their lowest closing level in nearly 21 months.Stocks of public sector banks fell sharply after Punjab National Bank Indian Overseas Bank Allahabad Bank and Central Bank of India reported weak Q3 December 2015 results in wake of the Reserve Bank of India RBI directing banks to revise asset classification and provisions in respect of certain advance accounts over a period of two quarters starting from Q3 December 2015. Hindalco Industries fell after the companys US subsidiary Novelis reported weak Q3 results yesterday 9 February 2016.Dr Reddys Laboratories edged lower with the stock extending losses registered during the previous trading session triggered by the company reporting a marginal rise in net profit in Q3 December 2015. Lupin edged lower with the stock sliding on profit booking after recent sharp surge triggered by the company reporting strong earnings on sequential basis in Q3 December 2015.The broad market depicted weakness. More than three stocks fell for each stock that rose on BSE. 1995 shares fell and 653 shares rose. A total of 105 shares were unchanged. Quite a few stocks constituting the broad based BSE Small-Cap index registered losses exceeding 3%. The BSE Small-Cap index shed 1.42%. The losses for this index were higher in percentage terms than those for the Sensex. The BSE Mid-Cap index lost 0.95%. The losses for this index were lower in percentage terms than those for the Sensex. Eighteen out of a total of nineteen sectoral indices on BSE registered losses.In overseas stock markets Asian markets extended fall in the Lunar New Years first week of trading with selloffs in Japan and Singapore today 10 February 2016. European equities jumped as bargain hunting emerged after a recent selloff in stock prices.The Sensex lost 262.08 points or 1.09% to settle at 23758.90 its lowe ",
WriteIf(DateNum()== 1160211 , " PRE SESSION:  Market May Extend Losses On Weak Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 48.50 points at the opening bell as weak global cues hurted sentiment.In overseas market Asian shares declined today 11 February 2016 as investors weighed a warning from Federal Reserve chair Janet Yellen that global financial market turbulence could hurt US growth. Japanese markets were shut for a public holiday. Most US stocks edged lower yesterday 10 February 2016 reversing initial rally.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 751.33 crore yesterday 10 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 196.92 crore yesterday 10 February 2016 as per provisional data.Among corporate news Ciplas consolidated net profit rose 4.7% to Rs 343 crore on 12.3% growth in income from operations to Rs 3107 crore in Q3 December 2015 over Q3 December 2014. Earnings before interest taxation depreciation and amortization EBITDA declined 18.1% to Rs 454 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 10 February 2016. The results for the quarter include the relevant results of the companys subsidiaries from the date they became subsidiary of the company and therefore not comparable with the results of corresponding previous period Cipla said.ACCs consolidated net profit fell 68.7% to Rs 102 crore on 3% growth in net sales to Rs 2846 crore in Q4 December 2015 over Q4 December 2014. The result was announced after market hours yesterday 10 February 2016. ACCs bottom line during the quarter was impacted due to base effect. There was a tax expense of Rs 26.33 crore in Q4 December 2015 as against a tax reversal of Rs 184.35 crore in Q4 December 2014. The companys operating earnings before interest taxation depreciation and amortization EBITDA rose 8.9% to Rs 280 crore in Q4 December 20 \n \n END SESSION: Carnage On The Bourses \n A selloff in global stocks triggered steep losses on the domestic bourses with the barometer index the S&P BSE Sensex falling below the psychologically important 23000 mark and the 50-unit Nifty index falling below the psychologically important 7000 mark. The Sensex plunged 807.07 points or 3.4% to settle at 22951.83. The Nifty lost 239.35 points or 3.32% to settle at 6976.35. Metal oil and banking sector stocks led losses for the two key benchmark indices. All the nineteen sectoral indices on BSE declined. The Sensex and the Nifty both hit their lowest closing level in more than 21 months. The two key benchmark indices declined for the fourth day in a row.The broad market depicted weakness. More than seven stocks fell for each stock that rose on BSE. 2359 shares fell and 324 shares rose. A total of 96 shares were unchanged. A number of stocks forming part of the broad based BSE Small-Cap index registered heavy losses. The BSE Small-Cap index lost 4.64%. The decline in this index was higher than the Sensexs decline in percentage terms. From the BSE Mid-Cap index losses for a total of 39 stocks ranged from 4% to 12.41% as against 3.27% decline for the index. 78 out of 83 stocks forming a part of the BSE Mid-Cap index registered losses.Metal shares edged lower on global growth worries. Tata Motors fell sharply after the companys third quarter result hit the market. State Bank of India edged lower in volatile trade after reporting weak Q3 December 2015 results. Bharat Heavy Electricals Bhel fell sharply ahead of the announcement of the companys Q3 results.In overseas stock markets European stocks traded sharply lower dragged down by a sell-off in banking and mining stocks as concern intensified that the global economy is slowing. Federal Reserve Chairwoman Janet Yellens semiannual Monetary Policy Report to the Congress yesterday 10 February 2016 where she kept options open for more interest rate hikes from the US central bank was another trigger for selloff in global stocks. Trading in US index futures indicated that the Dow Jones Industrial Average could fall 270 points at the opening bell today 11 February 2016. Earlier during the global day most Asian shares declined as investors weighed a warning from Feds Yellen that global financial market turbulence could hurt US growth.The Sensex plunged 807.07 points or 3.4% to settle at 22951.83 its lowest closing level since 8 May 2014. The index fell 849.78 points or 3.58% at the days  ",
WriteIf(DateNum()== 1160212 , " PRE SESSION:  Market May Edge Higher At Opening Bell \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 92.50 points at the opening bell.In overseas market Asian stocks fell today 12 February 2016 as investors continued to dump riskier assets. Japans Nikkei tumbled 5.3% to its lowest level in more than 15 months. Mainland Chinese stock markets have been closed all week for the Lunar New Year holiday. The Shanghai and Shenzhen markets will reopen Monday 15 February 2016. In the US market the Dow industrials and S&P 500 rang up their fifth losing day in a row yesterday 11 February 2016 falling amid a global rout led by tumbling oil prices and losses in financial stocks.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1112.66 crore yesterday 11 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 1222.12 crore yesterday 11 February 2016 as per provisional data.Among corporate news Coal Indias consolidated net profit rose 13.96% to Rs 3718.25 crore on 5.05% growth in total income to Rs 20953.35 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 11 February 2016.ONGCs net profit fell 63.98% to Rs 1286 crore on 2.28% decline in gross revenue to Rs 18547 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday 11 February 2016. There was no subsidy sharing burden on ONGC in Q3 December 2015 as against a subsidy sharing burden of Rs 9458 crore in Q3 December 2014 towards sharing of under recoveries of downstream oil marketing companies. ONGC said it is awaiting a letter from the Government in this regard. ONGC said it has assessed the indications of significant impairment as at 31 December 2015 due to fall in crude oil prices in the international market and accordingly it has tested its cash generating units for the impairment. As a result an amount of \n \n END SESSION: Benchmark Indices Eke Out Small Gains \n Amid a divergent trend among various index constituents key benchmark indices eked out small gains snapping a four day losing streak. The barometer index the S&P BSE Sensex rose 34.29 points or 0.15% to settle at 22986.12. The 50-unit Nifty 50 index rose 4.60 points or 0.07% to settle at 6980.95. The two key benchmark indices witnessed high intraday volatility. The Sensex ended below the psychologically important 23000 mark after flirting with that level in intraday trade. The Nifty ended below the psychologically important 7000 mark after flirting with that level in intraday trade.State-run Bharat Heavy Electricals tumbled after the company reported loss in Q3 December 2015 against profit during the corresponding previous year quarter. ONGC edged lower after reporting weak Q3 results. Tata Motors bounced back on bargain hunting after recent steep slide. Mahindra & Mahindra edged higher in volatile trade after announcing good Q3 results.In overseas stock markets European stocks edged higher rebounding from previous sessions steep losses with encouraging results from Commerzbank and a rally in oil prices helping banks and commodity-related stocks to regain ground. Earlier during the global day most Asian stocks fell as investors continued to dump riskier assets. In Japan the Nikkei 225 Average tumbled 4.84% catching up with selloff in the region during the previous trading session. The Japanese market was closed for a holiday yesterday 11 February 2016. In the US the Dow Jones Industrial Average and S&P 500 rang up their fifth losing day in a row yesterday 11 February 2016 falling amid a global rout led by tumbling oil prices and losses in financial stocks.The Sensex rose 34.29 points or 0.15% to settle at 22986.12 its highest closing level since 10 February 2016. The index fell 351.44 points or 1.53% at the days low of 22600.39. The barometer index rose 209.32 points or 0.91% at the days high of 23161.15.The Nifty 50 index rose 4.60 points or 0.07% to settle at 6980.95 its highest closing level since 10 February 2016. The index fell 107.35 points or 1.53% at the days low of 6869. The index rose 58.45 points or 0.84% at the days high of 7034.80.The broad market depicted weakness. There were almost two losers against every gainer on BSE. 1702 shares fell and 881 shares rose. A total of 130 shares were unchanged. The BSE Mid-Cap index fell 0.78%. The BSE Small-Cap index provisionally fell 1.21%. Both these indices underperform ",
WriteIf(DateNum()== 1160215 , " PRE SESSION:  Strong Opening On The Cards \n  Markets are set to open on a firm note tracking strength in Asian markets and gains on Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 104.50 points at the opening bell.In overseas stock markets Asian stocks were mostly higher tracking strong finish on Wall Street on Friday 12 February 2016. US stock markets registered strong gains on Friday 12 February 2016 as oil prices rebounded sharply and investors digested US economic data.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 398.37 crore on Friday 12 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 545.07 crore on Friday 12 February 2016 as per provisional data.Among corporate news Bank of Baroda reported net loss of Rs 3342.04 crore in Q3 December 2015 as against net profit of Rs 333.98 crore in Q3 December 2014. Total income declined 0.68% at Rs 11726.95 crore in Q3 December 2015 over Q3 December 2014. The result was announced on Saturday 13 February 2016.Jindal Steel & Power JSPL reported consolidated net loss of Rs 573.48 crore in Q3 December 2015 lower than net loss of Rs 1618.78 crore in Q3 December 2014. Total income declined 14.01% to Rs 4366.89 crore in Q3 December 2015 over Q3 December 2014. The result was announced on Saturday 13 February 2016.Tata Power Company after market hours on Friday 12 February 2016 announced that the company through its joint venture company Industrial Energy IEL synchronised the second 67.5 megawatts MW unit of its 202.5 MW IEL Kalinganagar project. With this Tata Powers total generation capacity has increased to 9100 MW from previous 9036 MW the company said in a statement.Sun Pharmaceutical Industries Sun Pharma and MSD have decided to wind down and terminate the joint venture established in 2011 to develop manufacture and commercialize new combinations and formulat \n \n END SESSION: Nifty Reclaims 7000 Level \n Metal banking and auto sector stocks led rally on the domestic bourses triggered by firmness in global stocks. The barometer index the S&P BSE Sensex jumped 568 points or 2.47% to settle at 23554.12. The gains for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty rose 182 points or 2.61% to settle at 7162.95. The Sensex settled above the psychological 23000 mark after regaining that mark in early trade. The Nifty settled above the psychological 7000 level after regaining that mark in early trade. After a firm opening key indices remained in positive terrain throughout the trading session.The broad market depicted strength. There were almost three gainers against every loser on BSE. 1993 shares rose and 668 shares fell. A total of 115 shares were unchanged. The BSE Mid-Cap index jumped 3.47%. The BSE Small-Cap index gained 3.35%. Both these indices outperformed the Sensex.Metal and mining stocks gained as copper prices rose on global commodity markets. NMDC rose sharply after the companys board of directors declared a liberal interim dividend of Rs 9.50 per share for the year ending 31 March 2016. Shares of oil exploration and production companies edged higher after a rally in crude oil prices. Bank of Baroda BoB surged a staggering 22.04% in a single trading session after the banks chief executive officer P.S. Jayakumar was quoted as saying that he expects a fair bit of stability in the banks asset quality in the quarters ahead.Adani Ports and Special Economic Zone surged after media reports that a foreign brokerage has upgraded the stock to outperform from neutral citing attractive valuations. Bharat Heavy Electricals Bhel moved higher after the company announced that it has successfully commissioned a 101 megawatts MW gas based combined cycle power plant on engineering procurement and construction basis in Tripura.In overseas stock markets European stocks edged higher after media reports suggested that the European Central Bank ECB has initiated talks with the Italian government about buying bad loans from the countrys banks as part of ECBs asset-purchase scheme and accept them as collateral. Earlier during the global day Japanese stocks led gains in Asian stocks as the Japanese yen continued to ease from its strongest levels against the dollar in more than a year and as the Chinese yuan edged higher after the nations central bank guided it sharply higher against the dollar. Japans  ",
WriteIf(DateNum()== 1160216 , " PRE SESSION:  Market May Open Higher On Firm Asian Stocks \n  Key indices may gain in early trade on firm Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 41 points at the opening bell. In overseas markets Asian markets gained led by gains in Chinese stocks as a combination of stabilizing Chinese markets and a rebound in oil prices drove investors to look for bargains after last weeks rout. Chinas Shanghai Composite was up 2.68%. US stock markets remained closed for the Presidents Day holiday yesterday 15 February 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1311.59 crore on Monday 15 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1987.45 crore on Monday 15 February 2016 as per provisional data.Among corporate news ICICI Bank after market hours yesterday 15 February 2016 said that a proposal to raise funds through issuance of long term bonds in the nature of debentures for lending to long term projects in infrastructure and affordable housing on a private placement basis will be considered by the Committee of Executive Directors COED at any time within a period of 10 days commencing from 18 February 2016. It may be recalled that ICICI Bank had received the approval of shareholders on 29 June 2015 to borrow by way of securities including but not limited to bonds and non-convertible debentures upto Rs 50000 crore on private placement basis.Tata Steel will be in focus after clarification. Some media reports suggested that Tata Steel Special Economic Zone TSSEZ a subsidiary company of Tata Steel is planning to invest between Rs 2000 crore and 2500 crore for development of infrastructure at Gopalpur in Odisha in the near-term. With reference to the news items Tata Steel clarified after market hours yesterday 15 February 2016 that the Gopalpur Industrial Park is being developed by TSSEZ in Gopalpur Odisha. The Industria \n \n END SESSION: Market Loses Ground As Selling Resumes After 2-Day Breather \n Stocks of public sector banks and index heavyweights Reliance Industries RIL and ITC led losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 362.15 points or 1.54% to settle at 23191.97. The losses for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty fell 114.70 points or 1.60% to settle at 7048.25. The two key benchmark indices extended losses in late trade as European stocks reversed intraday gains. The Sensex and the Nifty snapped a two-day winning streak.Sharp selling by foreign portfolio investors FPIs in the previous trading session spoiled sentiment. FPIs sold shares worth Rs 1123.21 crore into the secondary equity market yesterday 15 February 2016 as per data from National Securities Depository NSDL.The broad market depicted weakness. There were more than three losers against every gainer on BSE. 2007 shares fell and 614 shares rose. A total of 104 shares were unchanged. The BSE Mid-Cap index fell 2.43%. The BSE Small-Cap index fell 2.25%. The decline in both these indices was higher in percentage terms than the Sensexs decline.In overseas stock markets European stocks reversed intraday gains after the outcome of a monthly survey showed that German economic sentiment slumped to its lowest level in almost one-and-a-half years in February 2016. Trading in US stock index futures indicated strong gains for US stocks at the opening bell. Trading in US index futures indicated that the Dow Jones Industrial Average could jump 197 points at the opening bell today 16 February 2016. US markets were closed yesterday 15 February 2016 for the Presidents Day holiday.Earlier during the global day Chinese stocks led gains in Asian markets after the latest data showed that new loans from Chinese financial institutions hit a monthly record in January 2016. In mainland China the Shanghai Composite ended 3.29% higher. In Hong Kong the Hang Seng index settled 1.08% higher.The total turnover on BSE amounted to Rs 2594 crore lower than turnover of Rs 3031.74 crore registered during the previous trading session.The Sensex fell 362.15 points or 1.54% to settle at 23191.97 its lowest closing level since 12 February 2016. The index fell 389.58 points or 1.65% at the days low of 23164.54. The barometer index rose 137.96 points or 0.58% at the days high of 23692.08.The Nifty 50 index fell 114.70 points or 1.60% to settle at 7048.25 its lowest closing level since 12 February 20 ",
WriteIf(DateNum()== 1160217 , " PRE SESSION:  Market May Gain In Early Trade Tracking Firm Asian Stocks \n  Key indices may gain in early trade tracking firm Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 38.50 points at the opening bell. In overseas markets Asian markets edged higher with stocks further consolidating two sessions of solid gains. US stocks rallied yesterday 16 February 2016 as investors bought shares broadly and favored some of the months most-battered sectors like finance and technology.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 964.19 crore yesterday 16 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 590.73 crore yesterday 16 February 2016 as per provisional data.Among corporate news Bharti Airtel after trading hours yesterday 16 February 2016 announced changes at top management at its Africa operations. Christian Defaria managing director MD and CEO Airtel Africa has been elevated to the position of Executive Chairman Airtel Africa. In his new role he will continue to support the vision of Airtel Africa and lead all matters relating to legal regulatory affairs shareholders as well as Mergers & Acquisitions. Raghunath Mandava who is currently Director – Customer Experience India & South Asia will take over as Chief Operating Officer Airtel Africa. Mandava will relocate to Nairobi and will be fully responsible for the commercial operations. As per the new cluster based organization design the 15 African operating companies will now be classified into eight clusters with all cluster heads reporting to Mandava.In a separate announcement after trading hours yesterday 16 February 2016 Bharti Airtel said it appointed Sarang Kanade as Director – Customer Experience India & South Asia. He will report to Gopal Vittal CEO – India & South Asia Bharti Airtel. Sarang who is currently CEO Delhi Circle takes over from Raghunath Mandava who has \n \n END SESSION: Market Drifts Higher On Positive European Signals \n Stocks of public sector banks pharmaceutical companies and index heavyweights Reliance Industries Infosys and ITC led upmove for key benchmark indices in what was a volatile trading session. The barometer index the S&P BSE Sensex rose 189.90 points or 0.82% to settle at 23381.87. The 50-unit Nifty 50 index rose 60.20 points or 0.85% to settle at 7108.45. Gains in European stocks aided the upmove for the two key benchmark indices. The Sensex regained the psychologically important 23000 level after falling below that level in intraday trade. The Nifty regained the psychologically important 7000 level after falling below that level in intraday trade.After seeing a bout of initial volatility the two key benchmark indices lost ground in morning trade. The Sensex and the Nifty were back in red again after reversing intraday losses in mid-morning trade. Key indices moved decisively higher in late trade on the back of positive cues from European markets.European stocks edged higher as investors cheered the latest earnings reports. Earlier during the global day Asian stocks ended on a mixed note. US stocks rallied yesterday 16 February 2016 helped by gains in consumer discretionary and financial sector stocks.Closer home the market breadth indicating the overall health of the market was negative. On BSE 1439 shares fell and 1112 shares rose. A total of 145 shares were unchanged. The BSE Mid-Cap index rose 0.47%. The BSE Small-Cap index rose 0.21%. Both these indices underperformed the Sensex.The Sensex rose 189.90 points or 0.82% to settle at 23381.87 its highest closing level since 15 February 2016. The index rose 242.94 points or 1.04% at the days high of 23434.91. The barometer index lost 271.13 points or 1.16% at the days low of 22920.84.The Nifty rose 60.20 points or 0.85% to settle at 7108.45 its highest closing level since 15 February 2016. The index rose 75.45 points or 1.07% at the days high of 7123.70. The index lost 87.60 points or 1.24% at the days low of 6960.65.The total turnover on BSE amounted to Rs 2345 crore lower than turnover of Rs 2604.51 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Healthcare index up 1.57% the S&P BSE Energy index up 1.41% the S&P BSE Oil & Gas index up 1.40% the S&P BSE Industrials index up 1.28% the S&P BSE Auto index up 1.03% the S&P BSE Capital Goods index up 0.97% the S&P BSE IT index up 0.88% the S&P BSE Teck index  ",
WriteIf(DateNum()== 1160218 , " PRE SESSION:  Market May Edge Higher In Early Trade On Firm Global Cues \n  Market may gain in early trade tracking firm global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 47 points at the opening bell.In overseas stock markets Asian stocks edged higher tracking rally on Wall Street overnight. US stocks registered strong gains yesterday 17 February 2016 helped by some recovery in oil prices and encouraging economic data.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 560 crore yesterday 17 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 384.53 crore yesterday 17 February 2016 as per provisional data.Among corporate news Mahindra & Mahindra M&M after market hours yesterday 17 February 2016 announced that its sports utility vehicle SUV KUV100 has crossed 21000 bookings in just a month post launch. M&Ms ground up petrol engine mFALCON G80 and diesel engine mFALCON D75 have also been well received by customers and almost half the bookings have been received for the petrol variant M&M said in a statement.Tata Power Company announced after trading hours yesterday 17 February 2016 that Inox Wind has bagged a repeat order for a 100 megawatts MW wind power project at Rojmal Gujarat from Tata Power Renewable Energy TPREL. The order is TPRELs fourth project with Inox Wind taking the cumulative orders placed with Inox Wind across various sites to more than 300 MW. TPREL is a 100% subsidiary of Tata Power and has —215 MW of commissioned renewable assets with another 250 MW under construction/on order. As part of the turnkey order Inox Wind will provide TPREL with end to end solutions from development and construction to commissioning and providing long term operations and maintenance services. The repeat order involves supply and installation of 50 units of Inox Winds 2MW DFIG 100 rotor dia wind turbine generator.Jindal Steel & Power JSPL af \n \n END SESSION: Key Indices Clock Decent Gains On Signs Of Stability In Global Markets \n Stocks from IT and pharmaceutical sectors and oil exploration and production firms led the latest upmove for the two key benchmark indices amid signs of stability in global financial markets. The barometer index the S&P BSE Sensex rose 267.35 points or 1.14% to settle at 23649.22. The 50-unit Nifty 50 index rose 83.30 points or 1.17% to settle at 7191.75. The two key benchmark indices witnessed intraday volatility. The Sensex and the Nifty both hit their highest closing level in more than a week.Shares of oil exploration and production E&P companies rose on surge in crude oil prices. Dr Reddys Laboratories moved higher with the stock extending previous trading sessions gains triggered by the companys announcement of share buyback plan. Cipla nudged higher after the company announced that its UK arm has completed the transaction to acquire two US-based companies. Quick Heal Technologies made a dismal debut on the bourses.In overseas stock markets Japan and Hong Kong led gains in Asian markets triggered by a rally on Wall Street overnight. In Japan the Nikkei 225 Average ended 2.28% higher. In Hong Kong the Hang Seng index ended 2.32% higher. European stocks edged higher in volatile trade ahead of the release of the minutes of the European Central Banks most recent policy meeting due later in the day. US stocks registered strong gains yesterday 17 February 2016 as the minutes from the US Federal Reserves January policy meeting suggested that policy makers are inclined to pause the tightening process due to recent turbulence in global financial markets.Closer home the market breadth indicating the overall health of the market was positive. On BSE 1418 shares rose and 1110 shares fell. A total of 155 shares were unchanged. The BSE Mid-Cap index rose 0.63%. The BSE Small-Cap index rose 0.59%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 3361 crore higher than turnover of Rs 2352.52 crore registered during the previous trading session.The Sensex rose 267.35 points or 1.14% to settle at 23649.22 its highest closing level since 10 February 2016. The Sensex jumped 353.48 points or 1.51% at the days high of 23735.35. The barometer index rose 66.34 points or 0.28% at the days low of 23448.21.The Nifty 50 index rose 83.30 points or 1.17% to settle at 7191.75 its highest closing level since 10 February 2016. The index rose 106.65 points or 1.5% at the days high of 7215.10. The index rose 19.40 p ",
WriteIf(DateNum()== 1160219 , " PRE SESSION:  Market May Open Lower On Weak Global Cues \n  Market may edge lower in early trade on weak global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 22 points at the opening bell.In overseas stock markets Japanese stocks led decline in Asian markets. In Japan the Nikkei Stock Average was currently off 2.09%. US stocks closed lower yesterday 18 February 2016 stabilizing after their recent gains as investors eyed oil prices and corporate news.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 418.64 crore yesterday 18 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 712.12 crore yesterday 18 February 2016 as per provisional data.Among corporate news Jindal Steel & Power JSPL announced after market hours yesterday 18 February 2016 that it has implemented a project which will qualify for the Reserve Bank of Indias RBI 5/25 scheme and is in discussion with the banks for various financing options including 5/25 scheme. Considering the need to allow longer repayment period for term loans to projects which require elongated servicing period RBI announced 5/25 scheme to address this requirement.Stocks from IT and pharmaceutical sectors and oil exploration and production firms led the upmove for the two key benchmark indices yesterday 18 February 2016 amid signs of stability in global financial markets. The Sensex rose 267.35 points or 1.14% to settle at 23649.22 its highest closing level since 10 February 2016.Other StoriesA strong opening on the cards Economic Survey eyed   26-Feb  08:27Market may open on a flat note Railway Budget eyed   25-Feb  08:30Market may open on a flat note   24-Feb  08:51A flat opening on the cards   23-Feb  08:43Market may open higher   22-Feb  08:32Market may open lower on weak global cues   19-Feb  08:13Market may edge higher in early trade on firm global cues   18-Feb  08:26Market  \n \n END SESSION: Sensex Nifty Hit Highest Closing Level In More Than A Week \n A divergent trend among various index constituents resulted in small gains for key benchmark indices. The barometer index the S&P BSE Sensex rose 59.93 points or 0.25% to settle at 23709.15. The 50-unit Nifty 50 index rose 19 points or 0.26% to settle at 7210.75. The two key benchmark indices witnessed intraday volatility during the second half of the trading session. The Sensex and the Nifty both hit their highest closing level in more than a week. The two key benchmark indices edged higher for the third straight trading session.State Bank of India edged higher after the state-run bank said it has raised Rs 3000 crore from issue of Basel III compliant Tier-II bonds. Maruti Suzuki India extended losses registered during the previous trading session triggered by media reports that the company may fail to meet its volume growth target for the year ending 31 March 2017 FY 2017 because of capacity constraints. Bharat Heavy Electricals Bhel fell on media reports that a foreign brokerage has maintained its sell rating on the stock and cut its price target as it expects the state-run company to report losses until the year ending 31 March 2018 FY 2018.In overseas stock markets European stocks witnessed a mixed trend. Earlier during the global day most Asian stocks edged lower on continued concerns about global economic slowdown. US stocks closed lower yesterday 18 February 2016 after mixed economic data.The Sensex rose 59.93 points or 0.25% to settle at 23709.15 its highest closing level since 10 February 2016. The index rose 125.26 points or 0.52% at the days high of 23774.48. The index lost 140.86 points or 0.59% at the days low of 23508.36.The Nifty rose 19 points or 0.26% to settle at 7210.75 its highest closing level since 10 February 2016. The index rose 35.10 points or 0.48% at the days high of 7226.85. The index lost 45.80 points or 0.63% at the days low of 7145.95.The BSE Mid-Cap index lost 0.12%. The BSE Small-Cap index rose 0.16%. Both these indices underperformed the Sensex.The market breadth indicating the overall health of the market was positive. On BSE 1302 shares rose and 1204 shares declined. A total of 136 shares were unchanged.Among the sectoral indices on BSE the S&P BSE Basic Materials index up 0.57% the BSE IT index up 0.4% the BSE Telecom index up 1.44% and the BSE Auto index up 0.87% outperformed the Sensex. The S&P BSE Energy index down 0.57% and the BSE Oil & Gas index down 1% underperform ",
WriteIf(DateNum()== 1160222 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could gain 15 points at the opening bell.Indian stocks may remain volatile this week as traders roll over positions in the futures & options F&O segment from the near month February 2016 series to March 2016 series. The February 2016 derivatives contracts are set to expire on Thursday 25 February 2016. The two key events lined up during the week are Railway Budget for 2016-17 on Thursday 25 February 2016 and Economic Survey for 2015-16 on Friday 26 February 2016.Chinese stocks led gains in Asian stocks as investors welcomed news over the weekend that the head of securities regulator was being replaced. China reportedly removed the head of its securities regulator Xiao Gang and replaced him with Liu Shiyu the chairman of Agricultural Bank of China and a former deputy governor at the Peoples Bank of China PBOC. In mainland China the Shanghai Composite index was currently up 1.74%. In Hong Kong the Hang Seng index was currently up 0.94%. US stocks closed on a mixed note during the previous trading session on Friday 19 February 2016.Among corporate news Maruti Suzuki India MSIL on Saturday 20 February 2016 said that owing to the agitation in Rohtak and nearby areas supplies of certain components have been disrupted. As a consequence the company has to temporarily suspend manufacture of cars at its facilities in Manesar and Gurgaon starting second half of Saturday 20 February 2016. MSIL said it is making efforts to arrange the components from other sources. Once the supply of components is restored normal operations will resume it added. The combined output from Manesar and Gurgaon is currently about 5000 vehicles per day MSIL said.Shares of Idea Cellular and Aditya Birla Nuvo will be in focus after both these companies announced incorporating setting up a new subsidiary for a payments bank. Aditya Birla Nuvo will be holding 51% stake in the new subsidiary Adi \n \n END SESSION: Market Gains For Fourth Day In A Row \n With traders avoiding taking large bets ahead of the Union Budget 2016-17 key equity benchmark indices registered small gains.? The barometer index? ?the S&P BSE Sensex? ?rose 79.64 points or? 0.34% to settle ?at? 23788.79.? The 50-unit Nifty 50 index gained 23.80 or 0.33% to settle at 7234.55. Positive cues from global markets helped Indian stocks register small gains. With small gains the Sensex and the Nifty both hit their closing highest level in almost two weeks. ?The two key benchmark indices edged higher for the fourth straight trading session.Pharma stocks gained as the rupee edged lower against the dollar. Oriental Bank of Commerce dropped after credit rating agency ICRA revised the ratings on banks outstanding Tier 1/Tier 2 bonds citing sharp deterioration in asset quality indicators of the bank. Shares of public sector oil marketing companies PSU OMCs rose after a fall in crude oil prices during the previous trading session.Index heavyweight and cigarette major ITC dropped on reports suggesting that tobacco products may again attract higher taxes in the upcoming Union Budget 2016-17. Maruti Suzuki India edged lower after the company announced temporary suspension of production at its facilities in Manesar and Gurgaon due to the ongoing agitation by the Jat community in Haryana for job reservation.The Sensex ?rose 79.64 points or? 0.34% to settle ?at? 23788.79 its highest closing level since? ?9? ?February ?2016.? The index rose ?145.89? ?points or? ?0.61%? ?at the days high of? ?23855.04?.? ?The index fell ?34.29? ?points or? ?0.14%? ?at the days low of ?23674.86.The Nifty gained 23.80 or 0.33% to settle at 7234.55 its highest closing level since? ?9? ?February ?2016. The index rose 41.65 points or 0.57% at the days high of 7252.40. The index fell 10.05 points or 0.13% at the days high of 7200.70.The market breadth indicating the overall health of the market was positive.? ?On BSE? 1390 shares gained and? ?1158 shares declined.? ?A total of? 153 ?shares were unchanged.? ?The BSE Mid-Cap index rose 0.75?%.? ?The BSE Small-Cap index gained 0.46?%. Both these indices outperformed the Sensex.Among the sectoral indices on BSE the S&P BSE Metal index up 0.56% the S&P BSE Capital Goods index up 0.35% the S&P BSE Realty index up 0.71% the S&P BSE Industrials index up 0.43% the S&P BSE Basic Materials index up 0.88% the S&P BSE Energy index up 1.39% the S&P BSE Auto index up 0.39% the S&P BSE Oil & Gas ind ",
WriteIf(DateNum()== 1160223 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty? ?50? ?futures on the Singapore stock exchange indicates? ?a? ?flat? ?opening on the domestic bourses today 23 February 2016. The Budget session of parliament begins today 23 February 2016 and will continue till 13 May 2016 with recess from 17 March 2016 to 24 April 2016.All eyes are now on Union Budget 2016-17 to be announced on 29 February 2016. Finance Minister Arum Jaitley may provide a roadmap for rationalisation of the corporate tax exemptions in Budget. Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to? ?25 per cent from present 30 per cent and also simultaneous withdrawal of exemptions.In overseas markets? ?Asian markets were trading mixed. US markets closed higher yesterday 22 February 2016 spurred by rising commodities prices. Closer home? ?foreign portfolio investors? ?FPIs? ?sold shares worth a net Rs? 656.93 ?crore yesterday? 22 February 2016?? ?as per provisional data released by the stock exchanges.? ?Domestic institutional investors? ?DIIs? ?bought shares worth a net Rs? 597.87 ?crore yesterday? ?22 February 2016? ?as per provisional data.The National Stock Exchange will add Aurobindo Pharma Bharti Infratel Eicher Motors and Tata Motors Differential Voting Rights DVR to its benchmark Nifty 50 index. The inclusion of Tata Motors DVRs will be in addition to the companys common shares and would effectively mean the benchmark NSE index will have 51 members NSE said in a release after trading hours yesterday 22 February 2016. Cairn India Punjab National Bank and Vedanta will be removed from the Nifty. All changes will be effective 1 April 2016 NSE said.NTPC will be in focus as its promoter and principal shareholder Government of India GoI has decided to sell up to 41.22 crore equity shares constituting 5% of the total paid up equity share capital of the company through Offer for Sale OFS via the stock exchanges mechanism. The floor price for the OFS has been fi \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Almost A Week \n Losses for banking sector stocks and public sector companies led losses for key benchmark indices. The barometer index the S&P BSE Sensex shed 378.61 points or 1.59% to settle at 23410.18. The losses for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty fell 125 points or 1.73% to settle at 7109.55. The Sensex and the Nifty extended losses in late trade. The Sensex and the Nifty both hit their lowest closing level in almost a week. The two key benchmark indices snapped a four-day winning streak.The broad market depicted weakness. More than two stocks declined for each stock that rose on BSE. 1888 shares declined and 713 shares gained. A total of 150 shares were unchanged. The BSE Mid-Cap index shed 1.47%. The BSE Small-Cap index dropped 1.25%. The fall in both these indices was lower than the Sensexs decline in percentage terms. All the nineteen sectoral indices on BSE registered losses.The Sensex shed 378.61 points or 1.59% to settle at 23410.18 its lowest closing level since 17 February 2016. The index lost 426.85 points or 1.79% at the days low of 23361.94. The index rose 62.72 points or 0.26% at the days high of 23851.51.The Nifty fell 125 points or 1.73% to settle at 7109.55 its lowest closing level since 17 February 2016. The index fell 143.85 points or 1.98% at the days low of 7090.70. The index rose 7.15 points or 0.09% at the days high of 7241.70.Among the nineteen sectoral indices on BSE were in the red. The S&P BSE Metal index down 1.75% the S&P BSE Capital Goods index down 1.7% the S&P BSE Realty index down 2.49% the S&P BSE Basic Materials index down 1.6% the S&P BSE Energy index down 1.89% the S&P BSE Oil & Gas index down 1.87% the S&P BSE Bankex down 2.82% the S&P BSE Power index down 1.67% the S&P BSE Finance index down 2.19% and the S&P BSE Consumer Durables index down 1.64% underperformed the Sensex. The S&P BSE Industrials index down 1.23% the S&P BSE Auto index down 1.43% the S&P BSE Healthcare index down 1.09% the S&P BSE FMCG index down 1.52% the S&P BSE Telecom index down 1.56% the S&P BSE Consumer Discretionary Goods & Services index down 1.42% the S&P BSE Utilities index down 1.44% the S&P BSE IT index down 0.81% and the S&P BSE Teck index down 0.92% outperformed the Sensex.The total turnover on BSE amounted to Rs 2583 crore higher than turnover of Rs 1928.99 crore registered during the previous trading session. ",
WriteIf(DateNum()== 1160224 , " PRE SESSION:  Market May Open On A Flat Note \n  Trading of Nifty? ?50? ?futures on the Singapore stock exchange indicates? ?a? ?flat? ?opening on the domestic bourses today 24 February 2016.All eyes are now on Union Budget 2016-17 to be announced on 29 February 2016. Finance Minister Arum Jaitley may provide a roadmap for rationalisation of the corporate tax exemptions in Budget. Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to 25% from present 30% and also simultaneous withdrawal of corporate tax exemptions.In overseas markets? ?Asian markets edged lower as US markets dropped overnight. US markets closed lower yesterday 23 February 2016 as plunging oil prices weighed on shares of oil and gas firms and the banks that lend them money.Closer home? ?foreign portfolio investors? ?FPIs? ?sold shares worth a net Rs? 289.66 crore yesterday? 23 February 2016?? ?as per provisional data released by the stock exchanges.? ?Domestic institutional investors? ?DIIs? ?bought shares worth a net Rs? 257.93 ?crore yesterday? ?23 February 2016? ?as per provisional data.NTPC will remain in focus as bidding from retail investors for the offer for sale OFS for divestment of Government of Indias GoI up to 5% stake in the state-run firm takes place in a single trading session today 24 February 2016. Retail investors will be allotted shares in the OFS at a discount of 5% to the cut off price. The OFS on Tuesday 23 February 2016 received strong response from institutional investors after GoI set the floor price for the OFS at a discount to the ruling market price. The floor price for the OFS has been fixed at Rs 122 per share.Meanwhile NTPC announced after market hours yesterday 23 February 2016 that it has launched issue of $500 million fixed rate unsecured notes due 2026. The notes carry a coupon rate of 4.25% per annum payable semi-annually with tenor of 10 years. The notes are expected to be settled by 26 February 2016. The proceeds of the issue will be used for ca \n \n END SESSION: Market Slips For Second Day In A Row \n Caution ahead of next weeks Union Budget 2016-17 and negative cues from global markets pulled Indian stocks lower for the second straight trading session. The barometer index the S&P BSE Sensex lost 321.25 points or 1.37% to settle at 23088.93. The losses for the 50-unit Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty dropped 90.85 points or 1.28% to settle at 7018.70. The Sensex and Nifty both hit their lowest closing level in almost two weeks. The two Key benchmark indices remained in negative zone throughout the day.Index heavyweight and cigarette major ITC extended recent fall triggered by concerns that the government may hike tax on all tobacco products in the Union Budget 2016-17 by upto 40%. Vedanta and Cairn India extended losses registered during the previous trading session triggered by the National Stock Exchanges announcement of exclusion of these two stocks along with Punjab National Bank from the Nifty index with effect from 1 April 2016 as part of a periodic review of its indices. NTPC edged lower as the offer for sale OFS for divestment of up to 5% Government of India GoI stake in the state-run firm received poor response from retail investors.Stocks of public sector oil marketing companies rose on decline in global crude oil prices. Shares of oil exploration and production companies declined on fall in global crude oil prices. Tata Motors edged lower on media reports that over 400 workers of the companys Sanand plant have gone on flash strike demanding reinstatement of around 20-25 workers who had been suspended earlier this week.The Sensex lost 321.25 points or 1.37% to settle at 23088.93 its lowest closing level since 12 February 2016. The index lost 352.73 points or 1.5% at the days low of 23057.45 in late trade. The index fell 71.29 points or 0.3% at the days high of 23338.89 in early trade.The Nifty dropped 90.85 points or 1.28% to settle at 7018.70 its lowest closing level since 12 February 2016. The index fell 99.80 points or 1.4% at the days low of 7009.75 in late trade. The index fell 18.75 points or 0.26% at the days high of 7090.80 in afternoon trade.Among the sectoral indices on BSE the S&P BSE Metal index down 2.62% the S&P BSE Capital Goods index down 1.67% the S&P BSE Basic Materials index down 1.8% the S&P BSE Finance index down 1.57% the S&P BSE Industrials index down 1.85% and the S&P BSE Healthcare index down 1.72% underperformed the Sensex. T ",
WriteIf(DateNum()== 1160225 , " PRE SESSION:  Market May Open On A Flat Note Railway Budget Eyed \n  Trading of Nifty? ?50? ?futures on the Singapore stock exchange indicates? ?a? ?flat? ?opening on the domestic bourses today 25 February 2016. Shares of companies whose fortunes are linked to orders from Indian railways will be in focus as Railway Minister Suresh Prabhu today 25 February 2016 presents the Railway Budget for 2016-17 in the Lok Sabha.Before the Union Budget Railway Minister Suresh Prabhu presents Railway Budget for 2016-17 in the Lok Sabha at 12 noon today 25 February 2016. It remains to be seen if the Rail Minister announces changes in freight rates in the Rail Budget. The Railway Budget is reportedly expected to focus on massive capacity creation in the rail sector with an increased outlay of about Rs 1.25 lakh crore. A significant amount will be earmarked for safety upgradation electrification doubling and modernisation of yards to clear traffic bottlenecks reports added.The Finance Ministry will present Economic Survey for 2015-16 in parliament tomorrow 26 February 2016.In overseas markets Asian stocks saw mixed trend. US markets closed higher yesterday 24 February 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 730.99 crore yesterday 24 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 605.88 crore yesterday 24 February 2016 as per provisional data.NTPC after market hours yesterday 24 February 2016 said that it has raised Rs 655 crore through private placement of secured non-convertible debentures at a coupon of 8.33% per annum with a 5 year door-to-door maturity. The proceeds will be utilized to finance capital expenditure/refinancing the debt requirement in on-going projects including recoupment of expenditure already incurred NTPC said.Caution ahead of next weeks Union Budget 2016-17 and negative cues from global markets pulled Indian stocks lower for the second straight trading session yesterday 24 Februa \n \n END SESSION: Market Drops For Third Day In A Row \n Banking stocks led losses for key benchmark indices as investors remained cautious ahead of the announcement of Union Budget 2016-17 early next week. The barometer index the S&P BSE Sensex fell 112.93 points or 0.49% to settle at 22976. The losses for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty shed 48.10 points or 0.69% to settle at 6970.60. The Sensex fell below the psychologically important 23000 level hitting a 2-week closing low. The Nifty fell below the psychological 7000 mark. The index hit its lowest closing level in almost 22 months. Meanwhile Railway Minister Suresh Prabhu kept freight rate and passenger fare unchanged in the Railway Budget for 2016-17 presented in the Lok Sabha. The Sensex and the Nifty slipped for the third day in a row.Shares of companies whose fortunes are linked to orders from Indian Railways declined after the presentation of the Railway Budget. Shares of state-run coal-mining giant Coal India rose 2.01% as freight rates were kept unchanged in the rail budget. Stocks of public sector oil marketing companies fell on speculation that the government will reimpose 5% customs duty on crude oil imports in the Union Budget 2016-17 in the wake of recent sharp slump in global crude oil prices.Shares of Vedanta and Cairn India extended recent losses triggered by the National Stock Exchanges announcement of exclusion of these two stocks along with Punjab National Bank from the Nifty index with effect from 1 April 2016 as part of a periodic review of its indicesThe Sensex fell 112.93 points or 0.49% to settle at 22976 its lowest closing level since 11 February 2016. The index lost 140.83 points or 0.6% at the days low of 22948.10. The barometer index rose 54.03 points or 0.23% at the days high of 23142.96.The Nifty shed 48.10 points or 0.69% to settle at 6970.60 its lowest closing level since 9 May 2014. The index fell 57.30 points or 0.81% at the days low of 6961.40. The index rose 15.50 points or 0.22% at the days high of 7034.20.Among the sectoral indices on BSE the S&P BSE Metal index up 0.41% the S&P BSE Healthcare index up 0.1% the S&P BSE Energy index down 0.34% the S&P BSE Consumer Durables index down 0.45% the S&P BSE FMCG index down 0.11% and the S&P BSE Telecom index up 0.18% outperformed the Sensex. The S&P BSE Capital Goods index down 1.91% the S&P BSE Basic Materials index down 0.68% the S&P BSE Realty index down 1.95% the  ",
WriteIf(DateNum()== 1160226 , " PRE SESSION:  A Strong Opening On The Cards Economic Survey Eyed \n  The market is likely to see a gap-up opening on positive Asian stocks. Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could gain 62 points at the opening bell. Before the Budget the Finance Ministry will present Economic Survey for 2015-16 in parliament today 26 February 2016.The next major trigger for the stock market is Union Budget 2016-17 to be announced early next week. Finance Minister Arum Jaitley may provide a roadmap for rationalisation of the corporate tax exemptions when he presents the Budget in parliament on 29 February 2016. Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to 25% from present 30% and also simultaneous withdrawal of corporate tax exemptions.In overseas markets Asian stocks rose ahead of the two-day gathering of G20 finance ministers and central bankers in Shanghai that kicked off today 26 February 2016 to discuss global economic growth concerns. US markets closed higher yesterday 25 February 2016 as oil prices rose.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1465.68 crore yesterday 25 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 806.97 crore yesterday 25 February 2016 as per provisional data.Among stocks in focus Wipro announced after market hours yesterday 25 February 2016 that it has collaborated with Wind River to showcase carrier grade cloud technologies.Banking stocks led losses for key benchmark indices yesterday 25 February 2016 as investors remained cautious ahead of the announcement of Union Budget 2016-17 early next week. The Sensex fell 112.93 points or 0.49% to settle at 22976 its lowest closing level since 11 February 2016.Other StoriesMarket may edge higher in early trade   4-Mar  08:23Market may open higher   3-Mar  08:18Market set to open higher on strong global cues   2-Mar  08:12Market may ope \n \n END SESSION: Benchmark Indices Snap 3-Day Losing Streak \n Positive lead from global markets helped Indian stocks snap a 3-day losing streak. The barometer index the S&P BSE Sensex gained 178.30 points or 0.78% to settle at 23154.30. The 50-unit Nifty 50 index gained 59.15 points or 0.85% to settle at 7029.75. The Sensex reclaimed the psychologically important 23000 mark and the Nifty reclaimed the psychological 7000 mark. Key benchmark indices remained in positive zone throughout the day. Meanwhile the Economic Survey 2015-16 tabled in Parliament by Finance Minister Arun Jaitley set a wider range of 7% to 7.75% for projected GDP growth for 2016-17 with downside risks because of global economic slowdown.ITC edged higher with the stock recovering on bargain hunting after recent slide triggered by concerns that the government may hike tax on all tobacco products in the upcoming Union Budget by upto 40%. Coal India moved higher with the stock extending gains registered during the previous trading session triggered by the Railway Minister keeping freight rates unchanged in the Rail Budget for 2016-17.Shares of private sector bank stocks rose and state-run banks saw mixed trend after the Reserve Bank of India RBI announced changes and issued clarification on some aspects of its prudential guidelines on revitalising stressed assets in the economy. Shares of oil exploration and production E&P companies edged higher as crude oil prices rose.In overseas markets Asian and European stocks rose as a two-day gathering of G20 finance ministers and central bankers kicked off in Shanghai to discuss global growth concerns. Trading in US index futures indicated that the Dow Jones Industrial Average could gain 128 points at the opening bell. US markets closed higher yesterday 25 February 2016 as oil prices rose.The Sensex gained 178.30 points or 0.78% to settle at 23154.30 its highest closing level since 23 February 2016. The Sensex jumped 251.91 points or 1.09% at the days high of 23227.91. The barometer index rose 45.94 points or 0.19% at the days low of 23021.94 .The 50-unit Nifty 50 index gained 59.15 points or 0.85% to settle at 7029.75 its highest closing level since 23 February 2016. The Nifty jumped 82.30 points or 1.18% at the days high of 7052.90 . The index rose 14.50 points or 0.2% at the days low of 6985.10.The market breadth indicating the overall health of the market was negative. On BSE 1443 shares declined and 1041 shares gained. A total of 170 shares were unchanged. The BSE Mid-Cap i ",
WriteIf(DateNum()== 1160229 , " PRE SESSION:  Market May Open On A Weaker Note \n  Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could fall 33.50 points at the opening bell.Finance Minister Arun Jaitley is scheduled to present the Union Budget 2016-17 today 29 February 2016. Jaitley may provide a roadmap for rationalisation of the corporate tax exemptions when he presents the Budget in parliament today 29 February 2016. Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to 25% from present 30% and also simultaneous withdrawal of corporate tax exemptions.Stocks and sector specific action could be witnessed based on the announcements in the Union Budget 2016-17.In overseas stock markets Asian markets were mixed. In China the Shanghai Composite index was currently off 3.47%. In Japan the Nikkei 225 Average was currently up 0.41%. US stocks closed slightly lower on Friday 26 February 2016 giving up most of their opening gains.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 695.37 crore on Friday 26 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 784.14 crore on Friday 26 February 2016 as per provisional data.Among corporate news UltraTech Cement announced on Sunday 28 February 2016 that it has entered into a binding memorandum of understanding with Jaiprakash Associates JAL for the acquisition of its identified cement plants having total cement capacity of 22.4 mtpa including a 4 mtpa plant under implementation at a cost of Rs 470 crore situated in Madhya Pradesh Uttar Pradesh Himachal Pradesh Uttarakhand Andhra Pradesh and Karnataka. The assets will give the company access to the newer markets of Satna UP East Himachal Pradesh and Coastal Andhra where it does not have a presence as of now UltraTech Cement said. Upon consummation of the proposed transaction the companys cement capacity will stand augmented to 90.7 mtpa currently \n \n END SESSION: Nifty Fails To Hold 7000 \n After a knee jerk reaction to increase in Securities Transaction Tax STT on equity options and levy of tax on dividend for high networth individuals in the Union Budget 2016-17 Indian stocks settled with modest losses as the government stuck to the 3.5% fiscal deficit target for 2016-17. The barometer index the S&P BSE Sensex fell 152.30 points or 0.66% to settle at 23002 its lowest closing level since 25 February 2016. The 50-unit Nifty 50 index lost 42.70 points or 0.61% to settle at 6987.05 its lowest closing level since 25 February 2016. The Sensex settled a tad above the psychologically important 23000 level. The Nifty settled below the psychologically important 7000 level.The Sensex lost 659.69 points or 2.84% at the days low of 22494.61 in early afternoon trade its lowest level since 9 May 2014. The barometer index rose 188.92 points or 0.81% at the days high of 23343.22 in afternoon trade its highest level since 23 February 2016. The Nifty lost 203.95 points or 2.9% at the days low of 6825.80 in early afternoon trade its lowest level since 9 May 2014. The index rose 64.85 points or 0.92% at the days high of 7094.60 in afternoon trade its highest level since 23 February 2016.Index heavyweight and cigarette major ITC edged higher in volatile trade shrugging off a hike in excise duty on tobacco products in Union Budget 2016-17. Stocks of PSU banks were mixed after the finance minister Arun Jaitley announced Rs 25000 crore for recapitalization of PSU banks in FY 2017. Shares of car major Maruti Suzuki India edged lower after Jaitley proposed to levy an infrastructure cess of 1% on small petrol LPG CNG cars 2.5% on diesel cars of certain capacity and 4% on other higher engine capacity vehicles and SUVs. Shares of oil exploration and production E&P companies edged lower after the Finance Minister announced that the cess on domestically produced crude oil will be changed from Rs 4500 per metric tonne to 20% ad valorem.Among the sectoral indices on BSE the S&P BSE IT index down 2.11% the S&P BSE Teck index down 2% the S&P BSE Capital Goods index down 1.99% the S&P BSE Consumer Durables index down 1.75% the S&P BSE Oil & Gas index down 1.5% the S&P BSE Telecom index down 1.16% the S&P BSE Industrials index down 1.15% the S&P BSE Auto index down 1.08% the S&P BSE Power index down 1.06% the S&P BSE Consumer Discretionary Goods & Services index down 1.05% the S&P BSE Utilities index down 0.96% unde ",
WriteIf(DateNum()== 1160301 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could gain 42 points at the opening bell.In overseas stock markets Asian markets edged higher after Chinas central bank has cut further the reserve requirement ratio by 0.5% in an attempt to calm investor jitters over the worlds second largest economy. US stocks closed lower yesterday 29 February 2016 on late-day selling as investors offloaded energy and health-care shares.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 2018.02 crore yesterday 29 February 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1445.25 crore yesterday 29 February 2016 as per provisional data.Among corporate news shares of Lupin will be watched. With respect to media reports titled Lupin Plans to Step Up Japanese Play Lupin after market hours yesterday 29 February 2016 clarified that Kyowa Pharmaceutical Industry Co. Japan Kyowa which is a wholly-owned subsidiary of Lupin has a plant at Sanda Japan. In order to meet the rapidly growing demand of generics the Kyowa board has proposed the setting-up of a 2 billion tablets capacity plant at Tottori Japan which would be designed to efficiently handle mass volume products and provide flexibility in allowing easy future expansion.Vedanta said it has been declared as the successful bidder for Baghmara gold block in Chhattisgarh at royalty rate of 12.55% of value of mineral despatched. The company would be granted the composite licence that includes both prospecting licence cum mining lease. Vedanta said it has to submit a performance bank guarantee of Rs 1.60 crore and invest in exploration. The block requires extensive exploration and the process will commence in due course Vedanta said. The announcement was made after market hours yesterday 29 February 2016.Axis Bank said it has purchased 9.57 crore shares of face value of Rs 10 \n \n END SESSION: Market Sees Broad Based Gains In Post-Budget Rally \n A day after the announcement of the Union Budget 2016-17 Indian stocks registered solid gains as investors gave thumbs up to no adverse changes in long-term capital gains tax on sale of shares in the Budget governments thrust on infrastructure sector and decision to stick to the fiscal deficit target for the next fiscal year. The barometer index the S&P BSE Sensex jumped 777.35 points or 3.38% to settle at 23779.35. The 50-unit Nifty 50 index jumped 235.25 points or 3.37% to settle at 7222.30. The Nifty reclaimed the psychologically important 7000 level. Index heavyweight and cigarette major ITC and IT auto and banking sector stocks led the rally for key benchmark indices.The Sensex and the Nifty both settled at their highest level in more than a week. The two key indices hovered in positive zone throughout the trading session. The broad market depicted strength. There were more than three gainers against every loser on BSE. 2011 shares rose and 589 shares fell. A total of 116 shares were unchanged. The BSE Mid-Cap index rose 3.04%. The BSE Small-Cap index rose 3.23%. Both these indices underperformed the Sensex. All the nineteen sectoral indices on BSE registered gains.Stock market investors heaved a sigh of relief as there were no adverse changes in long-term capital gains tax on sale of shares in the Budget. Recent media reports suggested that the government was mulling whether to raise the time frame of long-term capital gains tax on sale of shares to three years from current one year in the Budget. Currently investors dont have to pay any capital gains tax on shares sold on an exchange after one year of holding. Currently short-term capital gains tax is 15% if shares are sold within a period of one year from the date of purchase.Index heavyweight and cigarette major ITC surged on reports that a foreign brokerage has upgraded the stock to to buy from sell as the hike in excise duty on cigarettes in the Union Budget 2016-17 was less than expected. Bank stocks edged higher as the governments decision to stick to the fiscal deficit target and keep its borrowing program down for the next fiscal year has provided room for the Reserve Bank of India RBI to cut policy interest rate.Stocks from cement and steel sector rose on higher allocation to infrastructure sector in the Union Budget 2016-17. Vedanta surged after the company said it has been declared as the successful bidder for Baghmara gold block in Chhattisgarh at royalty rate of 12 ",
WriteIf(DateNum()== 1160302 , " PRE SESSION:  Market Set To Open Higher On Strong Global Cues \n  Market is set for a stronger opening tracking gains in Asian markets and overnight rally on the Wall Street. Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could jump 104 points at the opening bell.In overseas stock markets Asian markets edged higher tracking overnight rally on the Wall Street. US stocks closed sharply higher yesterday 1 March 2016 helped by a rise in oil prices and a better-than-expected ISM manufacturing report.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1760.98 crore yesterday 1 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 317.02 crore yesterday 1 March 2016 as per provisional data.Among corporate news bank stocks will be in focus after the Reserve Bank of India RBI announced amendments to the treatment of certain balance sheet items for the purpose of determining banks regulatory capital. Revaluation reserves arising from change in the carrying amount of a banks property consequent upon its revaluation would be considered as common equity tier 1 capital CET1 instead of Tier 2 capital as hitherto. This would continue to be reckoned at a discount of 55%. The RBI also said that commercial banks may at their discretion reckon foreign currency translation reserve arising due to translation of financial statements of their foreign operations as CET1 capital at a discount of 25%. In another amendment the RBI said that instead of full deduction from CET1 capital the banks deferred tax assets DTAs which relate to timing differences may be recognised in the CET1 capital up to 10% of a banks CET1 capital. These amendments to the capital treatment of banks balance sheet items have been made with a view to further align the definition of regulatory capital with the internationally adopted Basel III capital standards. The amendments are with immediate effect the RBI said in  \n \n END SESSION: Sensex Nifty Hit Over 3-Week Closing High \n Banking metal sector stocks along with index heavyweights Infosys HDFC and Reliance Industries RIL powered the latest rally on the bourses. The barometer index the S&P BSE Sensex jumped 463.63 points or 1.95% to settle at 24242.98. The 50-unit Nifty 50 index rose 146.55 points or 2.03% to settle at 7368.85. The Sensex moved past the psychologically important 24000 level. The Sensex and Nifty both settled at their highest level in more than three weeks. The two key benchmark indices gained for the second day in a row.The Sensex and the Nifty remained in positive zone throughout the trading session after opening with an upward gap. The latest upmove on the domestic bourses was a part of a rally in Asian stocks triggered by upbeat US economic data. Overnight the data helped US stocks score strong gains.Data showing heavy buying of Indian stocks from foreign portfolio investors FPIs during the previous trading session added to the positive mood. FPIs bought shares worth a net Rs 3017.25 crore from the secondary equity markets yesterday 1 March 2016 as per data from National Securities Depository NSDL. The Sensex had surged 3.38% yesterday 1 March 2016 a day after the announcement of the Union Budget 2016-17 as investors heaved a sigh of relief with no adverse changes in long-term capital gains tax on sale of shares in the Budget.The broad market depicted strength. There were more than two gainers against every loser on BSE. 1970 shares rose and 693 shares fell. A total of 131 shares were unchanged. The BSE Mid-Cap index rose 1.88% underperforming the Sensex. The BSE Small-Cap index gained 2.21% outperforming the Sensex.Stocks of public sector banks led rally in bank stocks triggered by the Reserve Bank of India RBI announcing relaxations on the treatment of certain balance sheet items for the purpose of determining banks regulatory capital. Index heavyweight and cigarette major ITC edged lower on profit taking after seeing a post-Budget rally. Bharat Heavy Electricals Bhel surged after announcing a large order win.The Sensex jumped 463.63 points or 1.95% to settle at 24242.98 its highest closing level since 8 February 2016. The barometer index jumped 501.07 points or 2.1% at the days high of 24280.42. The index rose 264.54 points or 1.11% at the days low of 24043.89.The Nifty rose 146.55 points or 2.03% to settle at 7368.85 its highest closing level since 8 February 2016. The Nifty rose 158.05 points or 2.18% at the days  ",
WriteIf(DateNum()== 1160303 , " PRE SESSION:  Market May Open Higher \n  Market may edge higher in early trade. Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could gain 54.50 points at the opening bell.In overseas stock markets Asian markets were mostly higher. US stocks closed slightly higher yesterday 2 March 2016 after previous trading sessions sharp rally.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1437.50 crore yesterday 2 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 593.67 crore yesterday 2 March 2016 as per provisional data.Among corporate news TCS announced that as a new member of the GE Digital Alliance Program created by GE Digital it will develop innovative digital solutions that increase the productivity of mobile workforces and assets in motion by leveraging Predix GEs cloud platform for the industrial internet. TCS and GE will work together to create an innovative industry solutions ecosystem by leveraging TCS comprehensive business and digital expertise to enrich GEs Predix platform TCS said. The announcement was made after market hours yesterday 2 March 2016.Adani Ports and Special Economic Zone APSEZ will be in focus. With reference to the media reports titled Govt approves Adani Ports proposal to club 3 SEZs in Gujarat Adani Ports and Special Economic Zone after market hours yesterday 2 March 2016 clarified that the company has not received any formal communication from the central government about the consolidation of the special economic zones SEZ. APSEZ said that the clubbing of the three SEZs at Mudra will result in higher operating flexibility for the SEZs and is not a material event. News reports suggested that APSEZ had submitted a proposal to the government for clubbing of three SEZs at Mudra.Coal India said that Northern Coalfields a subsidiary of Coal India in its board meeting held on 1 March 2016 revised the standard stri \n \n END SESSION: Sensex Nifty Hit Almost Four-Week Closing High \n Gains in metal and capital goods stocks along with index heavyweights Infosys and HDFC led the latest rally for the two key benchmark indices. The barometer index the S&P BSE Sensex rose 364.01 points or 1.5% to settle at 24606.99. The 50-unit Nifty 50 index rose 106.75 points or 1.45% to settle at 7475.60. The Sensex and the Nifty remained in positive zone throughout the trading session after opening with an upward gap. With third straight day of gains the Sensex and the Nifty both hit their highest closing level in almost four weeks.Data showing heavy purchases of Indian stocks by foreign portfolio investors FPIs during the previous trading session boosted sentiment on the domestic bourses. FPIs bought shares worth a net Rs 1708.38 crore from the secondary equity markets yesterday 2 March 2016 as per data from National Securities Depository NSDL. The Sensex had risen almost 2% yesterday 2 March 2016 mirroring a rally in Asian stocks.Gains in Asian stocks once again aided the upmove on the domestic bourses. Asian stocks edged higher on favourable US economic data overnight. A monthly employment report showed acceleration in US private sector job addition last month.Metal and mining stocks were in demand after favourable announcements in the Union Budget 2016-17 announced early this week. Capital goods edged higher on expectations of increase in order flow following the governments thrust on infrastructure sector in the Budget. Dr Reddys Laboratories surged after receiving approval from the United States Food and Drug Administration FDA for Palonosetron Hydrochloride injection or Aloxi generic. Central Bank of India nudged higher after the state-run bank said that a special committee of the board has approved raising funds by issuing equity shares.The broad market depicted strength. There were almost two gainers against every loser on BSE. 1736 shares rose and 899 shares fell. A total of 138 shares were unchanged. The BSE Mid-Cap index rose 0.58%. The BSE Small-Cap index rose 1.35%. Both these indices underperformed the Sensex.The Sensex rose 364.01 points or 1.5% to settle at 24606.99 its highest closing level since 5 February 2016. The Sensex jumped 397.53 points or 1.63% at the days high of 24640.51. The barometer index rose 140.30 points or 0.57% at the days low of 24383.28 in morning trade.The Nifty rose 106.75 points or 1.45% to settle at 7475.60 its highest closing level since 5 February 2016. The Nifty rose 115.10 point ",
WriteIf(DateNum()== 1160304 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Trading of Nifty 50 futures on the Singapore stock exchange indicates that the Nifty could gain 28.50 points at the opening bell.In overseas stock markets Asian stocks were mostly higher. US stocks closed slightly higher yesterday 3 March 2016 as oil prices stabilized.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 911.98 crore yesterday 3 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 464.75 crore yesterday 3 March 2016 as per provisional data.Among corporate news HDFC has filed term sheet for issuing secured redeemable non-convertible debentures worth Rs 1000 crore on private placement basis. HDFC said that the coupon rate on debentures is nil. The instrument has a tenor of four years. With redemption premium of about Rs 39.89 lakh on the face value of Rs 1 crore for each debenture the effective yield works out to 8.75% per annum. The issue opens and closes on the same day on 9 March 2016. The object of the issue is to augment long-term resources of the company HDFC said. The announcement was made after market hours yesterday 3 March 2016.Asian Paints announced that the operations at the companys paint plant situated at Rohtak Haryana have restarted. On 22 February 2016 the company had informed of the operations at the its plant were shut down due to agitation at lMT Rohtak with effect from 19 February 2016. The announcement was made after market hours yesterday 3 March 2016.ONGC said that a meeting of the board of directors of the company will be held on 9 March 2016 to consider and declare second interim dividend if any for the year ending 31 March 2016 FY 2016. The company has fixed 17 March 2016 as the record date for the purpose of payment of second interim dividend for FY 2016 if any. The announcement was made after market hours yesterday 3 March 2016.Gains in metal and capital goods stocks along with index heavyweights  \n \n END SESSION: Key Indices Gain For The Fourth Straight Session \n Gains for banking sector stocks public sector companies and metal stocks offset losses for IT and telecom stocks with key benchmark indices registering minuscule gains. The barometer index the S&P BSE Sensex rose 39.49 points or 0.16% to settle at 24646.48. The 50-unit Nifty 50 index rose 9.75 points or 0.13% to settle at 7485.35. The two key benchmark indices witnessed intraday volatility swinging alternately between positive and negative zone. With fourth straight day of gains the Sensex attained 4-1/2-week closing high and the Nifty reached 4-week closing high.Metal and mining stocks gained as copper prices rose in global commodity markets and as iron ore prices scaled fresh four-month highs buoyed by firmer steel prices in China and expectations that the Chinese government will launch more measures to stimulate the economy. IT stocks edged lower as rupee edged higher against the dollar. Shares of public sector oil marketing companies PSU OMCs edged higher as recent gains in rupee against the dollar will help reduce cost of crude oil imports.Dr Reddys Laboratories extended previous trading sessions gains triggered by the company receiving approval from the United States Food and Drug Administration FDA for Palonosetron Hydrochloride injection or Aloxi generic. Bharat Heavy Electricals Bhel moved higher after the company announced that it has successfully commissioned its first 700 megawatts MW supercritical thermal unit at Bellary Thermal Power Project TPP in Karnataka. Bharti Airtel and Idea Cellular edged lower on media reports that a foreign brokerage has reduced its earnings forecast for these two companies for three financial years starting from the current financial year in anticipation of increased spectrum costs and higher capex intensity.In overseas stock markets European stocks traded with small gains. Earlier during the global day most markets in Asia edged higher after a batch of positive US economic data overnight. US stocks closed slightly higher yesterday 3 March 2016 as oil prices stabilized. The latest data showed US factory orders rose in January after two straight monthly declines and the service sector index showed continued expansion.The Sensex rose 39.49 points or 0.16% to settle at 24646.48 its highest closing level since 1 February 2016. The index rose 112.06 points or 0.45% at the days high of 24719.05. The index lost 75.19 points or 0.3% at the days low of 24531.80.The Nifty rose 9.75 points or 0.1 ",
WriteIf(DateNum()== 1160308 , " PRE SESSION:  Market May Edge Lower At Opening Bell \n  Market is seen opening lower in the early trade tracking negative leads from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 18 points at the opening bell. Indias stock market were closed yesterday 7 March 2016 on account of Mahashivratri.In overseas markets markets in Asia lost ground today 8 March 2016 stepping back from their recent rally with weak China trade data weighing on the sentiment. Chinas February exports fell 25.4% in US dollar terms while imports fell 13.8%. The drop in exports was the largest on-year drop since 2009. US stocks eked out small gains yesterday 7 March 2016 while the S&P 500 and Dow industrials extend their winning streak to five straight sessions in part thanks to a jump in oil prices.Closer home foreign portfolio investors FPIs purchased shares worth a net Rs 671.57 crore on Friday 4 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 533.10 crore on Friday 4 March 2016 as per provisional data.Meanwhile as per the monthly data released by Association of Mutual Funds In India AMFI net inflow into equity mutual funds totaled Rs 2522 crore in February 2016 lower than the inflow of Rs 2914 crore in January 2016. The net inflow into balanced funds totaled Rs 941 crore in February 2016 which was higher than inflow of Rs 880 crore in January 2016. Balanced funds invest the money in a combination of equity and debt with majority of the investment going into equity. The funds investments range from 65% to 80% in equity and the rest in debt.Among corporate news Coal India said that the board of directors of the company at its meeting held on 5 March 2016 has approved payment of interim dividend of Rs 27.40 per share for the year ending 31 March 2016. The announcement was made on Saturday 5 March 2016. The stock offers a dividend yield of 8.42% based on its closing pr \n \n END SESSION: Key Indices Settle Near The Flat Line \n Losses for banking stocks offset gains for metal shares and index heavyweights Reliance Industries ITC and HDFC with the two key benchmark indices settling near the flat line. The barometer index the S&P BSE Sensex rose 12.75 points or 0.05% to settle at 24659.23. The 50-unit Nifty 50 index fell 0.05 points to settle at 7485.30. The two key benchmark indices witnessed intraday volatility. The Sensex attained its highest closing level in more than five weeks with the barometer index recording gains for the fifth straight trading session.Metal shares edged higher after overnight rally in commodity prices. Shares of oil exploration and production companies rose as global crude oil prices surged. Stocks of most public sector banks PSU banks edged lower after Finance Minister Arun Jaitley on Saturday 5 March 2016 said that an Experts Group would be constituted immediately to consider a proposal for merger of PSU banks in order to have strong banks.Bank of Baroda dropped after the Central Bureau of Investigation CBI in an announcement dated 6 March 2016 said that it has conducted searches at ten locations in the office/residential premises of certain persons at Delhi/NCR/other places in an on-going investigation of a case relating to alleged violation of banking norms in overseas remittance of foreign exchange of Rs 6000 crore in an illegal and irregular manner from Bank of Barodas Ashok Vihar Delhi branch. Syndicate Bank edged lower on media reports that the Central Bureau of Investigation CBI is investigating an alleged fraud at the state-run bank involving more than Rs 1000 crore.Strides Shasun edged higher after the company announced that its wholly owned subsidiary Strides Pharma Inc. has entered into an agreement with Moberg Pharma Sweden and its affiliates to acquire three OTC brands for a total consideration of $10 million plus inventory value at closing.In overseas stock markets European stocks fell as disappointing Chinese February trade data rekindled concerns about slowing Chinese economy. Trading in US index futures indicated that the Dow Jones Industrial Average could fall 122.50 points at the opening bell today 8 March 2016. Most Asian stocks fell stepping back from their recent rally with weak China trade data weighing on the sentiment. Chinas February exports fell 25.4% in dollar terms while imports fell 13.8%. The drop in exports was the largest on-year drop since 2009.The Sensex rose 12.75 points or 0.05% to settle at  ",
WriteIf(DateNum()== 1160309 , " PRE SESSION:  Market May Open Lower On Weak Global Cues \n  Market is seen opening lower in the early trade tracking negative signals from Asian markets and overnight slide on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 23.50 points at the opening bell.In overseas markets nervous Asian investors resumed selling today 9 March 2016 as the optimism that had fuelled this months rally was shattered as ongoing weakness in China rekindled fears about the global economy. US stocks snapped five-day winning streak to close lower yesterday 8 March 2016 as supply woes weighed on oil prices and worries about a prolonged slowdown in China resurfaced.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 775.07 crore yesterday 8 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 1341.51 crore yesterday 8 March 2016 as per provisional data.Among corporate news Maruti Suzuki India MSIL after market hours yesterday 8 March 2016 announced that it has launched its first compact urban sport utility vehicle SUV Vitara Brezza at a striking price point. Bookings for the Vitara Brezza also opened yesterday 8 March 2016 at the companys 1799 strong dealer network across the country MSIL said. With Vitara Brezza MSIL is now present across all critical segments of the passenger vehicle market the company said in a statement. The introductory price for the base variant of Vitara Brezza is Rs 6.99 lakh ex-showroom Delhi and Rs 7.35 lakh ex-showroom Mumbai.Losses for banking stocks offset gains for metal shares and index heavyweights Reliance Industries ITC and HDFC with the two key benchmark indices settling near the flat line yesterday 8 March 2016. The barometer index the S&P BSE Sensex rose 12.75 points or 0.05% to settle at 24659.23. The 50-unit Nifty 50 index fell 0.05 points to settle at 7485.30. The two key benchmark indices witnessed intr \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In More Than Five Weeks \n Gains in stocks of private sector banks cement firms and index heavyweights Infosys and Reliance Industries RIL led upmove for key benchmark indices. The barometer index the S&P BSE Sensex rose 134.73 points or 0.55% to settle at 24793.96. The gains for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty rose 46.50 points or 0.62% to settle at 7531.80. After hovering in negative zone until afternoon trade the two key benchmark indices reversed direction later taking cues from gains in European stocks. The Sensex and Nifty both hit their highest closing level in more than five weeks.European stocks edged higher a day ahead of a widely expected move from the European Central Bank ECB to ease monetary policy further in its effort to boost low inflation and support economic recovery in the euro zone. Expectations are that the ECB will cut its deposit rate further into negative zone from current minus 0.3% and increase its bond-purchase program by euro 10 billion to euro 70 billion a month at a monetary policy meeting tomorrow 10 March 2016.Metal and mining stocks edged lower as global commodity prices fell after a recent rebound. Maruti Suzuki India rose after the company announced the launch of its first compact urban sport utility vehicle SUV Vitara Brezza. Container Corporation of India declined after the floor price for the offer for sale OFS for divestment of Government of Indias GoI 5% stake in the company was set at a discount to previous sessions closing price. Hindustan Unilever rose after the company announced that the company and Ponds HLL ex-Mercury Employees Welfare Association representing the ex-employees of the former thermometer factory in Kodaikanal have reached a settlement with regard to dispute over economic rehabilitation after closure of this factory.The Sensex rose 134.73 points or 0.55% to settle at 24793.96 its highest closing level since 1 February 2016. The index jumped 161.53 points or 0.66% at the days high of 24820.76. The index fell 207.63 points or 0.84% at the days low of 24451.60.The Nifty rose 46.50 points or 0.62% to settle at 7531.80 its highest closing level since 1 February 2016. The index rose 53.70 points or 0.72% at the days high of 7539. The index fell 61 points or 0.81% at the days low of 7424.30.The BSE Mid-Cap index rose 0.94% outperforming the Sensex. The BSE Small-Cap index rose 0.04% underperforming the Sensex.The market breadt ",
WriteIf(DateNum()== 1160310 , " PRE SESSION:  Market May Open Higher \n  Market is seen opening higher in the early trade taking cues from positive Asian stocks and overnight gains in the US market. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 17.50 points at the opening bell.In overseas markets most Asian stocks edged higher today 10 March 2016 after New Zealand surprised markets with a rate cut keeping investors primed for more stimulus from the European Central Bank ECB later today 10 March 2016 as global policy makers step up efforts to support their wobbly economies. A rebound in the price of oil a source of recent anxiety also calmed investor nerves. In mainland China Shanghai Composite was down 1.08%. Hong Kongs Hang Seng index was up 0.59%. US stocks closed modestly higher yesterday 9 March 2016 as a rally in oil prices and sharp advances in energy and tech stocks kept the main indexes buoyant.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 462.86 crore yesterday 9 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 823.56 crore yesterday 9 March 2016 as per provisional data.Among corporate news shares of Bharat Heavy Electricals Bhel will be in focus after ratings agency CRISIL in a report dated 9 March 2016 downgraded its rating on the long-term bank facilities of Bhel to CRISIL AA+/Negative from CRISIL AAA/Negative. CRISIL has reaffirmed its ratings on the companys short-term bank facilities at CRISIL A1+. The downgrade reflects CRISILs belief that Bhels business risk profile will remain constrained over the medium term by continued weak profitability and stretch in working capital cycle. CRISIL expects Bhels profitability to remain under pressure and its working capital stretched over the medium term on account of the challenging operating environment in the power sector. The rating may be further downgraded if project execution is  \n \n END SESSION: Sensex Snaps Six-Day Winning Streak \n Losses for capital goods sector stocks and index heavyweights Reliance Industries and Infosys led the decline for the two key benchmark indices. The barometer index the S&P BSE Sensex lost 170.62 points or 0.69% to settle at 24623.34. The 50-unit Nifty 50 index lost 45.65 points or 0.61% to settle at 7486.15. The Sensex hit one-week closing low.Bank stocks edged lower. Index heavyweight and IT major Infosys declined after the companys promoter group entities sold a total of 75 lakh shares of the company via block deals through stock exchanges mechanism today 10 March 2016. Bharat Heavy Electricals Bhel dropped after ratings agency CRISIL in a report dated 9 March 2016 downgraded its rating on the long-term bank facilities of Bhel to CRISIL AA+/Negative from CRISIL AAA/Negative. HDFC rose after the company announced that it intends to raise Rs 525 crore through private placement of senior secured redeemable non-convertible debentures.In overseas stock markets European shares edged lower in volatile trade ahead of a European Central Bank ECB meeting later in the global day today 10 March 2016 which is expected to unveil more stimulus measures. Asian markets were mixed as investors digested another round of Chinese economic data and a surprise interest rate cut by the New Zealand central bank. In mainland China the Shanghai Composite closed 2.02% lower. Hong Kongs Hang Seng index closed 0.06% lower. In Japan the Nikkei 225 Average closed 1.26% higher. US stocks closed modestly higher yesterday 9 March 2016 as a rally in oil prices and sharp advances in energy and tech stocks kept the main indexes buoyant.The Sensex lost 170.62 points or 0.69% to settle at 24623.34 its lowest closing level since 3 March 2016. The index fell 322.57 points or 1.3% at the days low of 24471.39. The index rose 23.52 points or 0.09% at the days high of 24817.48.The Nifty lost 45.65 points or 0.61% to settle at 7486.15 its lowest closing level since 8 March 2016. The index fell 84.40 points or 1.12% at the days low of 7447.40. The index rose 15.30 points or 0.2% at the days high of 7547.10.The BSE Mid-Cap index fell 0.32%. The BSE Small-Cap index fell 0.18%. The losses for both these indices were lower in percentage terms than those for the Sensex.The market breadth indicating the overall health of the market was negative. On BSE 1400 shares declined and 1195 shares rose. A total of 153 shares were unchanged.Among the sectoral indices on BSE the S&P ",
WriteIf(DateNum()== 1160311 , " PRE SESSION:  Market May See Flat Opening \n  Market may see a flat opening tracking mixed cues from the Asian market. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 6.50 points at the opening bell.In overseas markets Asian stocks were mixed today 11 March 2016 as investors brushed off a bigger than expected stimulus package from the European Central Bank ECB. The reaction in Asia was largely muted on rising doubts that the ECB has enough policy tools to bolster growth and inflation in the eurozone. US market finished almost flat in frenetic trading yesterday 10 March 2016 as investors dismissed new easing measures from the ECB. Earlier in the session US stocks had been firmly higher tracking a rally in Europe fueled by stimulus measures from the ECB.The ECB cut the banks key lending rate to zero from 0.05% and pushed the rate on its deposit facility to minus 0.4% from minus 0.3%. It also announced it would expand the size of its monthly bond purchases to 80 billion euros $86.86 billion from its current level of 60 billion euros beginning in April 2016 and expand the scope of those purchases to include investment-grade euro-denominated nonbank corporate bonds.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1063.11 crore yesterday 10 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 598.03 crore yesterday 10 March 2016 as per provisional data.Among corporate news shares of Jindal Steel & Power JSPL will be in focus. In the backdrop of various media reports about the companys weak financials JSPL in a press release issued after market hours yesterday 10 March 2016 said that the companys investment in enhancing steel capacities in Angul and power capacity in Jindal Power JPL Tamnar have been completed/commissioned and are in stable level of operation. With these additional capacities and better outlook for steel demand \n \n END SESSION: Volatile Session Ends With Gains \n Key benchmark indices edged higher in what was a roller-coaster trading session today 11 March 2016. The barometer index the S&P BSE Sensex rose 94.65 points or 0.38% to settle at 24717.99. The Nifty rose 24.05 points or 0.32% to settle at 7510.20. Strong gains in European market boosted sentiment in the second half of the trading session. Gains were also triggered by the government announcing a series of reforms yesterday 10 March 2016.Reforms took a front seat yesterday 10 March 2016 with the government unshackling the oil & gas sector with a new exploration regime that allows a higher price of gas for new deep-sea fields. Besides a Real Estate Bill to protect interests of buyers and bring more transparency to the sector was passed in the Rajya Sabha.In overseas stock markets European stocks edged higher as sentiment improved after European Central Bank ECB announced stimulus yesterday 10 March 2016. Asian stocks edged higher reversing initial decline as investors digested fresh easing from ECB. US stocks closed slightly lower yesterday 10 March 2016 under pressure from low oil prices and concerns about the effectiveness of monetary policy following the announcements from ECB.The ECB delivered a surprise package of measures to kick start Europes economy by cutting its main interest rates and expanding its massive bond-buying program. The ECB cut the banks key lending rate to zero from 0.05% and cut its bank deposit rate from minus 0.3% to minus 0.4%. It also announced it would expand the size of its monthly bond purchases to 80 billion euros from its current level of 60 billion euros beginning in April 2016 and expand the scope of those purchases to include investment-grade euro-denominated nonbank corporate bonds.Closer home the Sensex rose 94.65 points or 0.38% to settle at 24717.99 its highest closing level since 9 March 2016. The index rose 194.46 points or 0.78% at the days high of 24817.80 in mid-morning trade. The barometer index fell 71.08 points or 0.28% at the days low of 24552.26 in early afternoon trade.The Nifty 50 index rose 24.05 points or 0.32% to settle at 7510.20 its highest closing level since 9 March 2016. The index rose 57.80 points or 0.77% at the days high of 7543.95 in morning trade. The index fell 25.55 points or 0.34% at the days low of 7460.60 in early afternoon trade.The BSE Mid-Cap index rose 0.08%. The BSE Small-Cap index fell 0.16%. Both these indices underperformed the Sensex.The market br ",
WriteIf(DateNum()== 1160314 , " PRE SESSION:  Strong Opening On Cards Tracking Firm Asian Stocks \n  The market may open higher tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 57.50 points at the opening bell.In overseas markets Asian stocks rose buoyed by gains on Wall Street on Friday 11 March 2016 and firmer crude prices. The Bank of Japan BOJs two-day policy meeting begins today 14 March 2016. The BOJ is seen holding policy rate steady after adopting negative interest rates at its meeting in late January. In mainland China the Shanghai Composite rose 2.22% and Hong Kongs Hang Seng gained 1.38%. US stocks jumped on Friday 11 March 2016 in a rally largely fueled by a rebound in oil prices. The US Federal Reserves crucial two-day monetary policy meeting begins tomorrow 15 March 2016. Federal Reserve officials are likely to hold short-term interest rates steady at its policy meeting amid uncertainties about global financial markets and global growth. The Fed in December 2015 raised its benchmark federal-funds rate from near zero to a range between 0.25% and 0.5%.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 378.36 crore on Friday 11 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 432.81 crore on Friday 11 March 2016 as per provisional data. On macro data front the data announced after market hours on Friday 11 March 2016 showed that industrial production declined for the third straight month registering a fall of 1.5% in January 2016 over January 2015. The output of the manufacturing sector declined 2.8% in January 2016 contributing to the decline in industrial production. Meanwhile the mining sector output improved 1.2% while the electricity generation also galloped 6.6% in January 2016.The government is scheduled to announce data on inflation based on the consumer price index CPI for February 2016 today 14 March 2016. CPI inflation in \n \n END SESSION: Sensex Nifty Attain 6-Week Closing High \n Positive cues from global markets aided small upmove for Indian stocks at the onset of the week. The barometer index the S&P BSE Sensex rose 86.29 points or 0.35% to settle at 24804.28. The 50-unit Nifty 50 index rose 28.55 points or 0.38% to settle at 7538.75. The two key benchmark indices gained for the second day in a row. The Sensex and the Nifty both attained their a 6-week closing high.Coal India fell sharply as the stock turned ex-dividend for a liberal interim dividend of Rs 27.40 per share for the year ending 31 March 2016 FY 2016. Bharat Heavy Electricals Bhel edged higher after the company announced that it has successfully synchronised a 110 megawatts MW unit at Barauni thermal power station in Bihar following renovation and modernisation. State-run iron ore miner NMDC moved higher after raising product prices.In overseas stock markets European stocks edged higher in the aftermath of aggressive easing measures announced by the European Central Bank last week. Earlier during the global day Asian stocks moved higher on expectations of further stimulus from policy makers in China. In mainland China the Shanghai Composite ended 1.75% higher. In Hong Kong the Hang Seng index settled 1.17% higher. In Japan the Nikkei Average settled 1.74% higher. The Bank of Japans BOJ two-day policy meeting begins today 14 March 2016. The BOJ is seen holding policy rate steady after adopting negative interest rates at its meeting in late January.US stocks jumped on Friday 11 March 2016 in a rally largely fueled by a rebound in oil prices. The US Federal Reserves crucial two-day monetary policy meeting begins tomorrow 15 March 2016. Federal Reserve officials are likely to hold short-term interest rates steady at its policy meeting amid uncertainties about global financial markets and global growth. The Fed in December 2015 raised its benchmark federal-funds rate from near zero to a range between 0.25% and 0.5%.The Sensex rose 86.29 points or 0.35% to settle at 24804.28 its highest closing level since 1 February 2016. The index gained 16.05 points or 0.06% at the days low of 24734.04. The barometer index rose 242.52 points or 0.98% at the days high of 24960.51.The Nifty rose 28.55 points or 0.38% to settle at 7538.75 its highest closing level since 1 February 2016. The index gained 4.85 points or 0.06% at the days low of 7515.05. The index rose 73.50 points or 0.97% at the days high of 7583.70.The BSE Mid-Cap index rose 0.31% unde ",
WriteIf(DateNum()== 1160315 , " PRE SESSION:  Market May Open Flat To Slightly Higher \n  The market may open slightly higher amid lower Asian stocks and domestic data showed that consumer price inflation eased in February. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 7.50 points at the opening bell.In overseas markets Asian stocks edged lower as investors braced for a run of policy announcements from the worlds major central banks this week with all eyes on the Bank of Japans meeting later in the day after it stunned markets in January by adopting negative rates. The Bank of Japans BOJ two-day policy meeting ends today 15 March 2016. The BOJ is seen holding policy rate steady after adopting negative interest rates at its meeting in late January. US stocks closed on a mixed note yesterday 14 March 2016. The US Federal Reserves crucial two-day monetary policy meeting begins today 15 March 2016. Federal Reserve officials are likely to hold short-term interest rates steady at its policy meeting amid uncertainties about global financial markets and global growth. The Fed in December 2015 raised its benchmark federal-funds rate from near zero to a range between 0.25% and 0.5%.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1035.63 crore on Monday 14 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 805.34 crore on Monday 14 March 2016 as per provisional data.Among corporate news ICICI Bank before market hours today 15 March 2016 said that the bank through its DIFC Dubai branch priced an issuance of 10 year fixed rate notes of an aggregate principal amount of $700 million. The notes were sold under the rule 144A/RegS format. The notes carry a coupon of 4% and were offered at an issue price of 99.592.Zee Entertainment Enterprises Zee after market hours yesterday 14 March 2016 announced that its board of directors at a meeting held on 14 March 2016 approved in-principle  \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Almost 2 Weeks \n Pharma stocks and index heavyweights HDFC and ITC led losses as the two key benchmark indices snapped two-day winning streak. The barometer index the S&P BSE Sensex fell 253.11 points or 1.02% to settle at 24551.17. The 50-unit Nifty 50 index fell 78.15 points or 1.04% to settle at 7460.60. The decline on the domestic bourses mirrored a slide in global stocks. The Sensex and the Nifty both hit their lowest closing level in almost two weeks.Index heavyweight and housing finance major HDFC edged lower on media reports that a foreign brokerage has downgraded the stock to sell from neutral. Lupin fell sharply after the company clarified during trading hours that the United States Food and Drug Administration USFDA inspected its Goa facility last week and cited 9 observations. Procter & Gamble Hygiene and Health Care edged lower after the company announced that it has discontinued the manufacture and sale of its OTC drug Vicks Action 500 Extra with immediate effect.Shares of public sector banks edged higher as the latest data showing easing of headline inflation in February 2016 gave rise to expectations for a policy rate cut at the Reserve Bank of Indias next policy meeting on 5 April 2016.In overseas stock markets European stocks declined as investors remained cautious ahead of the outcome of US Federal Reserves monetary policy meeting. The Federal Reserves two-day monetary policy meeting begins today 15 March 2016. Federal Reserve officials are likely to hold short-term interest rates steady at its policy meeting amid uncertainties about global financial markets and global growth. The Fed in December 2015 raised its benchmark federal-funds rate from near zero to a range between 0.25% and 0.5%.Earlier during the global day Asian stocks edged lower as investors braced for a run of policy announcements from the worlds major central banks this week and after the Bank of Japan held policy steady as expected. Japans Nikkei Average settled 0.68% lower. At the conclusion of a two-day monetary policy meeting today 15 March 2016 the Bank of Japan BOJ maintained its commitment to raise the monetary base by 80 trillion yen annually and decided to continue applying a negative interest rate of minus 0.1% to the policy-rate balances in current accounts held by financial institutions at the bank. If needed additional easing steps will be taken to hit 2% inflation the BOJ said. BOJ had stunned markets in January by adopting negative rates.The Sensex fel ",
WriteIf(DateNum()== 1160316 , " PRE SESSION:  Market May Open In Positive Terrain \n  The market may edge higher in early trade as most Asian stocks gained. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 15 points at the opening bell.In overseas markets most Asian stocks edged higher as markets waited anxiously for the outcome of US Federal Reserves monetary policy meeting. US stocks closed mostly lower yesterday 15 March 2016 weighed by a rout in oil prices and a string of lackluster economic data ahead of the Federal Reserves important decision on interest rates. The Federal Reserves two-day monetary policy meeting ends today 16 March 2016. Federal Reserve officials are likely to hold short-term interest rates steady at its policy meeting amid uncertainties about global financial markets and global growth. The Fed in December 2015 raised its benchmark federal-funds rate from near zero to a range between 0.25% and 0.5%.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 54.01 crore on Tuesday 15 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 302.31 crore on Tuesday 15 March 2016 as per provisional data.Among corporate news IT major Wipro announced a strategic partnership with Schneider Electric a global specialist in energy management and automated systems to develop convergent solutions for Indias Smart Cities. Wipro and Schneider Electric will collaborate to enable the delivery of cost-effective and efficient citizen services to urban and rural communities. Both organizations will jointly develop solutions in the smart city space for India and global markets. Smart Cities have a strong and equal play of operational technology OT along with information technology IT to provide convergent solutions. Wipro and Schneider already have a strong partnership around IT Data Centers connectivity Intelligent Building Management Systems and Data Center Infrastructure Manage \n \n END SESSION: Benchmark Indices Clock Modest Gains \n Gains in index heavyweights Infosys and ITC a strong intraday rebound in another index heavyweight HDFC and recovery in banking and pharma stocks aided a strong intraday rebound for key benchmark indices. The barometer index the S&P BSE Sensex rose 131.31 points or 0.53% to settle at 24682.48. The Nifty rose 38.15 points or 0.51% to settle at 7498.75. After languishing in red until mid-afternoon trade key indices reversed direction later.In overseas stock markets main European markets edged higher ahead of the US Federal Reserves policy decision due later in the global day. Earlier during the global day Asian stocks ended on a mixed note. Most US stocks edged lower yesterday 15 March 2016 weighed by a fall in oil prices and a string of lackluster economic data.The Federal Reserves two-day monetary policy meeting ends today 16 March 2016. Federal Reserve officials are likely to hold short-term interest rates steady at its policy meeting amid uncertainties about global financial markets and global growth. The Fed in December 2015 raised its benchmark federal-funds rate from near zero to a range between 0.25% and 0.5%.The Sensex rose 131.31 points or 0.53% to settle at 24682.48 its highest closing level since 14 March 2016. The index rose 155.68 points or 0.63% at the days high of 24706.85. The barometer index dropped 196.62 points or 0.8% at the days low of 24354.55.The Nifty 50 index rose 38.15 points or 0.51% to settle at 7498.75 its highest closing level since 14 March 2016. The index rose 47.40 points or 0.63% at the days high of 7508. The index shed 55.45 points or 0.74% at the days low of 7405.15.The BSE Mid-Cap index fell 0.41%. The BSE Small-Cap index fell 0.17%. Both these indices underperformed the Sensex.The market breadth indicating the overall health of the market was negative. On BSE 1406 shares fell and 1166 shares rose. A total of 164 shares were unchanged.The total turnover on BSE amounted to Rs 2240 crore lower than turnover of Rs 2369.49 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Consumer Durables index down 3.61% the S&P BSE Telecom index down 1.1% the S&P BSE Metal index down 0.77% the S&P BSE Consumer Discretionary Goods & Services index down 0.69% the S&P BSE Auto index down 0.51% the S&P BSE Basic Materials index down 0.41% the S&P BSE Oil & Gas index down 0.22% the S&P BSE Realty index down 0.11% the S&P BSE Industrials index ",
WriteIf(DateNum()== 1160317 , " PRE SESSION:  Strong Opening On Cards \n  The market may open sharply higher tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 88.50 points at the opening bell.In overseas markets Asian stocks gained after the US Federal Reserve after its monetary policy review yesterday 16 March 2016 reduced the number of interest rate hikes expected this year. US stocks rose yesterday 16 March 2016 following the US central banks cautious message. The Fed concluded a two-day policy meeting by leaving interest rates untouched as expected and signalling fewer rate hikes in coming months as the United States continues to face risks from an uncertain global economy. Fewer US interest rates hikes could support demand for emerging-market assets.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 625.58 crore yesterday 16 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 680.16 crore yesterday 16 March 2016 as per provisional data.Among corporate news TCS announced the successful launch of Norways first peer-to-peer mobile payment solution with DNB the largest financial services group in Norway. Dubbed Vipps DNBs peer-to-peer mobile payments application is not just account holders of DNB but can be used by any consumer. With 25% of Norways population using Vipps within six months of launch the P2P payment solution has helped DNB become a significant player in the highly competitive mobile payments space in a short space of time. Moreover 85% of Norwegians know about the P2P payments platform and it is the 1 downloaded app in Norway. The announcement was made after trading hours yesterday 16 March 2016.Tata Motors announced that it has signed a contract to supply 25 Tata Starbus Diesel Series Hybrid Electric Bus with Full Low floor configuration with the Mumbai Metropolitan Region Development Authority MMRDA – \n \n END SESSION: Benchmark Indices See Divergent Trend \n A divergent trend was witnessed between the two key benchmark indices with the barometer index the S&P BSE Sensex registering minuscule losses and the 50-unit Nifty 50 index registering small gains. The Sensex fell 5.11 points or 0.02% to settle at 24677.37. The Nifty rose 13.80 points or 0.18% to settle at 7512.55. The rally on the domestic bourses fizzled out at the fag end of the trading session as European stocks reversed initial gains. For almost throughout the trading session the Sensex and the Nifty hovered in positive zone following a dovish statement from the US Federal Reserve at the conclusion of a two-day monetary policy review yesterday 16 March 2016.Shares of public sector oil marketing companies PSU OMCs rose after announcing a hike in petrol and diesel prices. Shares of oil exploration and production firms rose after a surge in international crude oil prices. ONGC moved higher after the company said that its overseas investment arm ONGC Videsh and Rosneft have signed a memorandum of understanding MoU for the acquisition of 11% shares in Vankorneft a wholly owned subsidiary of Rosneft. GAIL India surged after piped and natural gas regulator Petroleum and Natural Gas Regulatory Board PNGRB raised the tariff on GAILs K.G. Basin natural gas pipeline network sharply.Most metal and mining stocks gained as copper prices rose in global commodity markets. Pharma stocks declined on firm rupee.In overseas stock markets European stocks reversed initial gains as strength in euro against the dollar raised concerns on exports front. Earlier during the global day Asian edged higher after the Fed slashed its projections for rate increases to two in 2016 from an earlier projection of four after keeping rates unchanged at the conclusion of a two-day monetary policy review yesterday 16 March 2016. Fewer US interest rates hikes could support demand for emerging-market assets because investors have less incentive to draw out money from risky assets in their search for higher yields in the US.US stocks rose yesterday 16 March 2016 in the aftermath of the Fed statement. The Fed concluded a two-day policy meeting by leaving interest rates untouched as expected and signalling fewer rate hikes in coming months as the United States continues to face risks from an uncertain global economy. In light of the current shortfall of inflation from 2 percent the committee will carefully monitor actual and expected progress toward its inflation goal the ",
WriteIf(DateNum()== 1160318 , " PRE SESSION:  Market Set To Open Higher On Firm Asian Stocks \n  Key indices may open higher tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 58 points at the opening bell.In overseas markets Asian stocks gained after the Federal Reserves cautious stance on further rate increases prompted investors to rebuild their bets on riskier assets. Fed slashed its projections for rate increases to two in 2016 from an earlier projection of four after keeping rates unchanged at the conclusion of a two-day monetary policy review on 16 March 2016. Fewer US interest rates hikes could support demand for emerging-market assets because investors have less incentive to draw out money from risky assets in their search for higher yields in the US. US stocks rose yesterday 17 March 2016 as energy materials and industrials sectors rose sharply helped by soaring commodity prices.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 744.49 crore yesterday 17 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 168.38 crore yesterday 17 March 2016 as per provisional data.Among corporate news Hindustan Unilever HUL announced that it has signed an agreement for the sale of its rice exports business carried out primarily under the brands Gold Seal Indus Valley and Rozana to LT Foods Middle East DMCC a group company of LT Foods. HULs decision to divest is in line with its strategy to exit non-core businesses while continuing to drive its growth agenda in the core packaged foods business. The deal envisages transfer of the brands and inventory for a consideration of Rs 25 crore subject to adjustments on closing. The transaction is subject to fulfillment of certain conditions and the parties will work together to complete this over the next few months HUL said. HUL will continue to manage the business until the completion of the transaction it added. The \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In More Than 10 Weeks \n Stocks of metal and mining firms IT companies and index heavyweights HDFC and Reliance Industries RIL led the rally for key benchmark indices on the last trading session of the week. The Sensex rose 275.37 points or 1.12% to settle at 24952.74. The gains for the 50-unit Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty gained 91.80 points or 1.22% to settle at 7604.35. After hovering in positive zone throughout the trading session the two key benchmark indices surged in late trade. The Sensex and Nifty both attained their highest closing level in more than 10 weeks.The upmove on the domestic bourses was a part of the upmove in Asian stocks triggered by stronger currencies relative to the US dollar on the heels of the US Federal Reserve slashing its projections for rate increases to two in 2016 from an earlier projection of four after keeping rates unchanged at the conclusion of a two-day monetary policy review on Wednesday 16 March 2016. Fewer US interest rates hikes could support demand for emerging-market assets because investors have less incentive to draw out money from risky assets in their search for higher yields in the US.The partially convertible Indian rupee was currently hovering at 66.535 against the dollar higher than its close of 66.75 during the previous trading session.Bank stocks edged higher after media reports suggested that the Reserve Bank of India RBI has allowed commercial banks to hold bonds issued by state electricity utilities as part of the Ujwal Discom Assurance Yojana UDAY scheme under the held-to-maturity HTM category. Shares of oil exploration and production firms rose after a surge in international crude oil prices. Shares of public sector oil marketing companies fell after a surge in global crude oil prices. GAIL India edged higher with the stock extending previous trading sessions gains triggered by the piped and natural gas regulator raising the tariff on the companys K.G. Basin natural gas pipeline network with effect from 1 April 2016.Lupin tumbled amid speculation that widely followed investor Rakesh Jhunjhunwala is selling some of his stake. Torrent Pharmaceuticals edged higher after the companys announcement that it has successfully obtained the Establishment Inspection Report from the United States Food and Drug Administration USFDA for its plant located at Dahez SEZ in Gujarat.The Sensex rose 275.37 points or 1.12% to settle at 24952.74 its highest closin ",
WriteIf(DateNum()== 1160321 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 21 points at the opening bell.In overseas markets Asian stocks were trading on a mixed note. US stocks closed higher during the previous trading session on Friday 18 March 2016 extending the rally that followed the Federal Reserves accommodative policy decision during the week.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1712.62 crore during the previous trading session on Friday 18 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 403.37 crore on Friday 18 March 2016 as per provisional data.Bank stocks will be in focus after the government cut interest rates on various small savings schemes for Q1 June 2016 based on the prevailing G-Sec government securities yields. The interest rate on Public Provident Fund PPF was slashed to 8.1% from 8.7%. The interest rate on Sukanya Samriddhi Account Scheme was slashed to 8.6% from 9.2%. The interest rate on 5 Year Senior Citizens Savings Scheme was cut to 8.6% from 9.3%. The government had recently announced that it would revise interest rates on small saving schemes on quarterly basis against the earlier practice of annual revision. The quarterly revision of interest rates will ensure that interest rates under small savings schemes are more dynamically related to the current market rates thereby enabling commercial banks to move their interest rates in line with current money market rates the finance ministry said in a statement. The additional interest rate spreads ranging from 25 basis points to 100 basis points over the G-Sec yields which the Government allows on PPF Senior Citizen Savings Scheme Sukanya Samridhi Scheme National Savings Certificate five year time deposit and Monthly Income Scheme have been continued.Shares of Hero MotoCorp turn ex-dividend today 21 March 2016 for an inte \n \n END SESSION: Sensex Reclaims 25000 Mark On Expectations Of Bigger Rate Cut By RBI \n Expectations of a bigger rate cut of 50 basis points from the Reserve Bank of India RBI at its monetary policy review early next month triggered the latest upmove on the domestic bourses with barometer index the S&P BSE Sensex moving past the psychologically important 25000 mark. The Sensex rose 332.63 points or 1.33% to settle at 25285.37. The 50-unit Nifty 50 index rose 99.90 points or 1.31% to settle at 7704.25. After hovering in green throughout the trading session the two key benchmark indices surged in late trade as European stocks reversed initial losses. All the nineteen sectoral indices on BSE registered gains.The Sensex and the Nifty both hit their highest closing level in almost 11 weeks. The Sensex gained for the second day in a row and the Nifty clocked gains for the fourth trading session in a row.Bank stocks edged higher on expectations of a bigger rate cut of 50 basis points from the RBI at its monetary policy review early next month after the government announced reduction in interest rates on various small savings schemes for Q1 June 2016 based on the prevailing G-Sec government securities yields. Ambuja Cements edged higher on media reports that a foreign brokerage has maintained its buy rating on the stock stating that it remains a play on cement upcycle and should be a beneficiary of better pricing in the North India. Index heavyweight and cigarette major ITC edged higher after a foreign brokerage reportedly maintained its outperform rating on the stock saying that most states have not hiked value added tax VAT on cigarettes in their Budget for the year ending 31 March 2017 FY 2017. Asian Paints edged lower on reports that a domestic brokerage has reiterated its reduce rating on the stock citing expensive valuations.Aurobindo Pharma edged higher after the company said it has received final approval from the United States Food and Drug Administration to manufacture and market Naproxen Sodium Tablets USP 220 mg OTC. Lupin extended previous sessions sharp losses triggered by speculation that widely followed investor Rakesh Jhunjhunwala is selling some of his stake.The market sentiment was upbeat after the latest data showed that foreign portfolio investors FPIs made heavy purchases of Indian stocks during the previous trading session. FPIs bought shares worth a net Rs 1712.62 crore on Friday 18 March 2016 as per provisional data released by the stock exchanges. The Sensex had risen 275.37 points or 1.12% to s ",
WriteIf(DateNum()== 1160322 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 22 March 2016.In overseas markets Asian stocks were trading mixed. US stocks closed slightly higher yesterday 21 March 2016 steadying after five straight weeks of gains led by telecommunications and health care stocks.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1396.33 crore yesterday 21 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 618.77 crore yesterday 21 March 2016 as per provisional data.NTPC announced that the unit-I of 250 megawatts MW of Nabinagar Thermal Power Station of Bhartiya Rail Bijlee Company a subsidiary of the company has been commissioned on 20 March 2016. With this the total installed capacity of Nabinagar Thermal Power Station has become 250 MW and the total installed capacity of NTPC group has become 45798 MW. The announcement was made after market hours yesterday 21 March 2016.Bharti Airtel announced that it has entered into a definitive agreement with American Tower Corporation through its subsidiary company Airtel Tanzania for the sale of approximately 1350 of its communications towers in Tanzania. Under the agreement American Tower may acquire up to approximately 100 additional sites currently in development for an additional consideration. Airtel will be the anchor tenant on the portfolio under a lease with a ten-year initial term. The tower sale agreements allow Airtel to focus on its core business and customers besides helping deleverage through debt reduction and significantly reducing the on-going capital expenditure on passive infrastructure. The transaction is expected to close during the first half of 2016 subject to customary closing conditions and regulatory approval. The announcement was made after market hours yesterday 21 March 2016.Adani Ports & Special Economic Zone \n \n END SESSION: Nifty Gains For The 5th Day In A Row \n Amid a divergent trend among various index constituents key benchmark indices eked out small gains. The barometer index the S&P BSE Sensex rose 45.12 points or 0.18% to settle at 25330.49. The 50-unit Nifty 50 index rose 10.65 points or 0.14% to settle at 7714.90. The two key benchmark indices saw volatility during the second half of the trading session. The Sensex and the Nifty staged a rebound in late trade soon after extending losses in mid-afternoon trade as European stocks trimmed initial losses triggered by explosions at the Brussels airport and Maalbeek station on the Brussels Metro in Belgium.The small gains took the Sensex and the Nifty to their highest closing level in almost eleven weeks. The Sensex edged higher for the third day in a row and the Nifty clocked gains for the fifth trading session in a row.Most auto stocks rose on hopes of a policy rate cut by the Reserve Bank of India at its monetary policy meeting early next month. Mahindra & Mahindra M&M edged higher after the company announced that its Mahindra Agri Business forayed into dairy business with the launch of its branded dairy products under the brand Saboro. Maruti Suzuki India eked out small gains after the company announced that it would start deliveries of its newly launched compact SUV Vitara Brezza to customers from 25 March 2016.In overseas stock markets European stocks trimmed initial losses triggered by deadly attacks in Belgium. Belgiums key index the BEL-20 index was currently off 0.27%. Media reports said that two explosions at the Brussels Airport killed at least 10 people. Earlier during the global day Asian stocks ended on a mixed note. US stocks closed slightly higher yesterday 21 March 2016 steadying after five straight weeks of gains led by telecommunications and health care stocks.The Sensex rose 45.12 points or 0.18% to settle at 25330.49 its highest closing level since 6 January 2016. The index rose 95.96 points or 0.37% at the days high of 25381.33. The index fell 201.67 points or 0.79% at the days low of 25083.70.The Nifty rose 10.65 points or 0.14% to settle at 7714.90 its highest closing level since 6 January 2016. The index rose 23.95 points or 0.31% at the days high of 7728.20. The Nifty fell 60.45 points or 0.78% at the days low of 7643.80.Among sectoral indices on BSE the S&P BSE Oil & Gas index up 0.28% the S&P BSE Energy index up 0.53% the S&P BSE Utilities index up 0.9% the S&P BSE Metal index up 0.8% the S&P BS ",
WriteIf(DateNum()== 1160323 , " PRE SESSION:  Market May Open On A Flat Note \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 23 March 2016.In overseas markets Asian markets were trading on a mixed note. US stocks closed mixed yesterday 22 March 2016 as a decline in financial and consumer-staples shares weighed on the main benchmarks.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1095.44 crore yesterday 22 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 930.37 crore yesterday 22 March 2016 as per provisional data.Amid a divergent trend among various index constituents key benchmark indices eked out small gains yesterday 22 March 2016. The Sensex rose 45.12 points or 0.18% to settle at 25330.49 its highest closing level since 6 January 2016.Other StoriesMarket may decline on negative Asian cues   1-Apr  08:31Market may edge lower on mixed Asian cues   31-Mar  08:38Market may edged higher on positive global cues   30-Mar  08:29Market may edge lower on negative Asian cues   29-Mar  08:31Market may open higher   28-Mar  08:12Market may open on a flat note   23-Mar  08:39A flat opening on the cards   22-Mar  08:28Market may open higher   21-Mar  08:45Market set to open higher on firm Asian stocks   18-Mar  08:33Strong opening on cards   17-Mar  08:34Market may open in positive terrain   16-Mar  08:34Top \n \n END SESSION: Benchmark Indices Settle Near The Flat Line \n Gains in metal telecom stocks and index heavyweight Infosys offset losses for stocks of public sector bank banks and index heavyweight Reliance Industries RIL with the two key benchmark indices ending near the flat line. The barometer index the S&P BSE Sensex rose 7.07 points or 0.03% to settle at 25337.56. The 50-unit Nifty 50 index rose 1.60 points or 0.02% to settle at 7716.50. After languishing in red almost throughout the trading session the two key benchmark indices staged a rebound in late trade.Minuscule gains pushed the Sensex and the Nifty to 11-week closing high. The Sensex edged higher for the fourth day in a row and the Nifty clocked gains for the sixth trading session in a row.Index heavyweight Reliance Industries edged lower after media reports suggested that its telecom arm Reliance Jio Infocomm might delay the launch of its much-awaited mobile broadband service 4G to the end of this calendar year. Telecom stocks edged higher as a delay in the launch of mobile broadband service from Reliance Jio will give other telecom players time to consolidate their position in the market.Stocks of public sector banks PSU banks dropped after global credit rating agency Standard & Poors S&P reportedly said in a latest report on Indian banks that stand-alone credit profiles and ratings on some PSU banks could get lowered given their weakening asset quality and capitalisationIn overseas stock markets European shares edged higher after a pullback during the previous trading session triggered by deadly attacks in Brussels. Most Asian stocks edged lower following lackluster cues overnight from US markets and geopolitical concerns following the deadly terror attacks in Brussels yesterday 22 March 2016. Most US stocks fell yesterday 22 March 2016 as a decline in financial and consumer-staples shares weighed on the main benchmarks.The Sensex rose 7.07 points or 0.03% to settle at 25337.56 its highest closing level since 6 January 2016. The Sensex rose 37.32 points or 0.14% at the days high of 25367.81. The barometer index fell 173.67 points or 0.68% at the days low of 25156.82.The Nifty rose 1.60 points or 0.02% to settle at 7716.50 its highest closing level since 6 January 2016. The Nifty rose 11.95 points or 0.15% at the days high of 7726.85. The index fell 44.10 points or 0.57% at the days low of 7670.80.Among the sectoral indices on BSE the BSE Metal index up 1.71% the S&P BSE Telecom index up 1.19% the BSE IT index up ",
WriteIf(DateNum()== 1160328 , " PRE SESSION:  Market May Open Higher \n  Market is seen opening higher in the early trade as traders build up fresh positions after a long weekend. The stock market was shut on Thursday 24 March 2016 on account of Holi and again on Friday 25 March 2016 on account of Good Friday. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 11.50 points at the opening bell.Most Asian stock markets were trading higher today 28 March 2016 after an upward revision in US gross domestic product data stoked expectations for a steady recovery in the worlds largest economy. US market ended on quiet note on Thursday 24 March 2016 with concerns about the outlook for interest rates following comments from St. Louis Federal Reserve President James Bullard. Bullard said the relatively minor downgrades to the Feds economic outlook suggest the next rate hike ‘may not be far off provided that the economy evolves as expected. Sentiments remained down-beat with the Labor Department releasing a report showing a modest increase in initial jobless claims in the week ended 19 March 2016. The initial jobless claims edged up to 265000 an increase of 6000 from the previous weeks downwardly revised level of 259000.US market was closed on Friday 25 March 2016 due to the observance of Good Friday. Meanwhile. on Friday 25 March 2016 data showed that the US economy grew at a 1.4% seasonally adjusted annual rate in the fourth quarter compared with a previous estimate for 1% growth.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 976.91 crore on Wednesday 23 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 1022.58 crore on Wednesday 23 March 2016 as per provisional data.Among corporate news Tata Motors issued clarification after market hours on Wednesday 23 March 2016 that workmen at its Sanand plant in Gujarat have called off the strike and resumed duty from 2 \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In More Than A Week \n Fears of an early interest-rate increase in the United States pulled Indian stocks lower with the barometer index the S&P BSE Sensex falling below the psychologically important 25000 mark. The Sensex fell 371.16 points or 1.46% to settle at 24966.40. The losses for the Sensex were higher in percentage terms than those for the 50-unit Nifty 50 index. The Nifty fell 101.40 points or 1.31% to settle at 7615.10. The Sensex and the Nifty both hit their lowest closing level in more than a week. Stocks of metal and mining firms public sector banks and index heavyweight HDFC led losses for the two key benchmark indices. All the nineteen sectoral indices on BSE declined.The Sensex snapped a four-day winning streak and the Nifty snapped six-day winning streak.In overseas stock markets Asian stocks fell as recent remarks from US Federal Reserve policy makers reignited expectations for an early interest-rate increase in the United States. European markets were closed for the Easter Monday holiday. US stocks ended little-changed during the previous trading session on Thursday 24 March 2016 after weaker-than-expected economic data. Meanwhile St. Louis Federal Reserve President James Bullard said the relatively minor downgrades to the Feds economic outlook suggest the next rate hike may not be far off provided that the economy evolves as expected. On Friday 25 March 2016 data showed that the US economy grew at a 1.4% seasonally adjusted annual rate in the fourth quarter higher than a previous estimate for 1% growth.ONGC declined in volatile trade after the companys board of directors approved the field development plan FDP for the development of fields falling under cluster 2 of deep water NELP block KG-DWN-98-2 with estimated capital expenditure of a staggering $5076.37 million Rs 34012 crore. NTPC edged higher after the company announced that the unit-4 of 195 megawatts MW of Muzaffarpur Thermal Power Station of Kanti Bijlee Utpadan Nigam a subsidiary company of NTPC has been commissioned on 24 March 2016.The Sensex lost 371.16 points or 1.46% to settle at 24966.40 its lowest closing level since 18 March 2016. The index fell 442.07 points or 1.74% at the days low of 24895.49. The index rose 95.38 points or 0.38% at the days high of 25432.94.The Nifty fell 101.40 points or 1.31% to settle at 7615.10 its lowest closing level since 18 March 2016. The index fell 128.80 points or 1.67% at the days low of 7587.70. The index rose 32.90  ",
WriteIf(DateNum()== 1160329 , " PRE SESSION:  Market May Edge Lower On Negative Asian Cues \n  Market is seen opening lower in the early trade tracking negative leads from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 7.50 points at the opening bell.In overseas markets most Asian markets were trading lower today 29 March 2016 on continued concern over whether the US Federal Reserve might hike interest rates at its April meeting. US stocks finished flat yesterday 28 March 2016 as gains in consumer-discretionary and materials shares were mitigated by weakness in utilities and energy. US Fed Chair Janet Yellen will deliver a speech at the Economic Club of New York later today 29 March 2016. Markets globally expect Yellen to drop hints about future rate hike path.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 2042.94 crore yesterday 28 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 2494.44 crore yesterday 28 March 2016 as per provisional data.Among corporate news Wipro announced after market hours yesterday 28 March 2016 a five-year partnership with Jubilant FoodWorks to deliver energy management services and help reduce its energy and operational costs. The EcoEnergy business of Wipro had rolled out its multi-year managed restaurant energy services MRES program last year leveraging its unique Service Window framework. Jubilant FoodWorks is a master franchisee for Dominos Pizza and Dunkin Donuts in India.UCO Bank announced after market hours yesterday 28 March 2016 that the board of directors of the bank at its meeting held on 28 March 2016 considered the proposal for issue of equity shares to Government of India on preferential basis for an amount of Rs 935 crore subject to necessary approvals from shareholders and other authorities.NTPC announced after market hours yesterday 28 March 2016 that the unit-3 of 660 megawatts MW of Mouda Super Thermal Power  \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Almost 2 Weeks \n Losses for stocks of pharma and IT companies and index heavyweight HDFC outweighed gains for stocks of telecom firms private sector banks and index heavyweight Reliance Industries RIL with the two key benchmark indices registering small losses. The barometer index the S&P BSE Sensex fell 65.94 points or 0.26% to settle at 24900.46. The 50-unit Nifty 50 index fell 18.10 points or 0.24% to settle at 7597. The Sensex failed to hold the psychologically important 25000 mark after surpassing that level in intraday trade. The Sensex and the Nifty both hit their lowest closing level in almost two weeks. The two key benchmark indices dropped for the second day in a row.Drug maker Lupin edged lower in volatile trade after media reports suggested that the United States Food and Drug Administration USFDA has issued Form 483 observations after concluding inspection of Lupins Mandideep unit in Madhya Pradesh. Tata Steel edged higher on reports that the companys board will meet today 29 March 2016 where it is widely expected to announce restructuring or selling of some of the European units and job cuts to save costs.In overseas stock markets European shares reversed initial gains as weakness in oil prices and uncertainty over monetary policy in the United States prompted traders to lock in gains. Earlier during the global day Asian stocks ended on a mixed note ahead of a speech from Federal Reserve Chairwoman Janet Yellen on US economic outlook and monetary policy. Yellen will deliver a speech at the Economic Club of New York today 29 March 2016. Markets globally expect Yellen to drop hints about future rate hike path.The Sensex fell 65.94 points or 0.26% to settle at 24900.46 its lowest closing level since 17 March 2016. The barometer index rose 112.95 points or 0.45% at the days high of 25079.35. The Sensex fell 130.84 points or 0.52% at the days low of 24835.56.The Nifty fell 18.10 points or 0.24% to settle at 7597 its lowest closing level since 17 March 2016. The Nifty rose 37.80 points or 0.50% at the days high of 7652.90. The index fell 32.85 points or 0.43% at the days low of 7582.25.The market breadth indicating the overall health of the market was weak. On BSE 1699 shares declined and 947 shares rose. A total of 163 shares were unchanged. The BSE Mid-Cap index fell 0.21%. The fall in this index was lower than Sensexs decline in percentage terms. The BSE Small-Cap index fell 0.27%. The fall in this index was higher than Sens ",
WriteIf(DateNum()== 1160330 , " PRE SESSION:  Market May Edged Higher On Positive Global Cues \n  Market is seen opening higher in the early trade tracking positive leads from Asian markets and overnight rally on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 58.50 points at the opening bell.In overseas markets Asian stocks edged higher today 30 March 2016 tracking overnight gains in US shares as investors welcomed the latest signal from the Federal Reserve that it will move slowly to raise interest rates. Tokyos Nikkei 225 however was trading lower. US stocks closed at their highest level of the year yesterday 29 March 2016. Owing to weaker-than-expected growth overseas and a cloudy US inflation outlook Federal Reserve chief Janet Yellen in a speech in New York reiterated a need to proceed cautiously in lifting interest rates.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 513.45 crore yesterday 29 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 556.69 crore yesterday 29 March 2016 as per provisional data.Among corporate news HDFC turns ex-dividend today 30 March 201 for interim dividend of Rs 3 per share for the year ending 31 March 2016 FY 2016. NMDC turns ex-dividend today 30 March 201 for interim dividend of Rs 1.50 per share for the year ending 31 March 2016 FY 2016.Sun Pharmaceutical Industries announced before market hours today 30 March 2016 the acquisition of 14 established prescription brands from Novartis AG and Novartis Pharma AG together ‘Novartis in Japan. According to the agreements entered into between the parties a wholly-owned subsidiary of Sun Pharma will acquire the portfolio consisting of 14 established prescription brands from Novartis for a cash consideration of $293 million. These brands have combined annualized revenues of approximately $160 million and address medical conditions across several therapeutic areas. Under the  \n \n END SESSION: Sensex Nifty Attain 12-Week Closing High \n Metal banking and capital goods stocks led a rally on the domestic bourses triggered by expectations that US interest rates will not be raised quickly with the barometer index the S&P BSE Sensex surpassing the psychologically important 25000 mark. The Sensex jumped 438.12 points or 1.76% to settle at 25338.58. The 50-unit Nifty 50 index rose 138.20 points or 1.82% to settle at 7735.20. The two benchmark indices hovered in positive zone throughout the trading session after opening with upward gap. The Sensex and the Nifty both hit 12-week closing high. The two benchmark indices snapped a two-day losing streak. Barring the S&P BSE Telecom index all other sectoral indices on BSE registered gains.World stocks rose as investors welcomed the latest signal from the US Federal Reserve that it would move slowly to raise interest rates in the US.Bank stocks edged higher after the Reserve Bank of India RBI clarified some of the provisions relating to the Marginal Cost of Funds based Lending Rate MCLR system which comes into effect from 1 April 2016. Bharat Heavy Electricals Bhel edged higher after the company announced successful commissioning of a 250 megawatts MW coal-based thermal power plant TPP in Bihar.Steel stocks gained on reports that the government has extended safeguard import taxes on some steel products until March 2018 to curb imports of cheap Chinese steel and shield domestic mills. Tata Steel surged after the company announced that it has decided to explore all options for portfolio restructuring including the potential divestment of its UK subsidiary Tata Steel UK in whole or in parts.Shares of HealthCare Global Enterprises HGEL a provider of speciality healthcare in India slumped on its debut.The Sensex rose 438.12 points or 1.76% to settle at 25338.58 its highest closing level since 6 January 2016. The index jumped 455.86 points or 1.83% at the days high of 25356.32. The barometer index rose 154.96 points or 0.62% at the days low of 25055.42.The Nifty rose 138.20 points or 1.82% to settle at 7735.20 its highest closing level since 6 January 2016. The Nifty rose 144.95 points or 1.91% at the days high of 7741.95. The index rose 46.45 points or 0.61% at the days low of 7643.45.The broad market depicted strength. More than two stocks rose for each stock that dropped on BSE. 1871 shares rose and 756 shares fell. A total of 153 shares were unchanged. A number of stocks forming part of the broad based BSE Small- ",
WriteIf(DateNum()== 1160331 , " PRE SESSION:  Market May Edge Lower On Mixed Asian Cues \n  Market is seen opening lower in the early trade tracking mixed cues from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 8.50 points at the opening bell.Trading could be volatile today 31 March 2016 as traders roll over positions in the futures & options F&O segment from the near month March 2016 series to April 2016 series. The March 2016 derivatives contracts are set to expire on today 31 March 2016.In overseas markets Asian shares traded on a mixed note today 31 March 2016. US stocks extended gains for the third day yesterday 30 March 2016 although shares ended well off their days highs amid a dip in crude oil prices. Sentiment was underpinned by data from payroll firm ADP showing slightly stronger than expected private sector job growth in March.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1442.47 crore yesterday 30 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 396.90 crore yesterday 30 March 2016 as per provisional data.Among corporate news Mahindra & Mahindra M&M announced that rating agency CRISIL has reaffirmed its ratings on the companys long-term bank facilities and non-convertible debenture NCD programme at CRISIL AAA/Stable and for short-term facilities and commercial paper programme at CRISIL A1+. The announcement was made after market hours yesterday 30 March 2016.Punjab National Bank PNB said that rating agency CARE has downgraded its ratings on the banks Tier I and upper Tier II bonds to CARE AA+ from earlier rating of CARE AAA mainly on account of the impairments in the credit portfolio. PNB said it has not accepted the down revision by CARE. The announcement was made after market hours yesterday 30 March 2016.Shares of infrastructure companies will be in focus after the Reserve Bank of India RBI in a notification issued yesterday \n \n END SESSION: Sensex Drops 9.35% In FY 2016 \n Amid a divergent trend among various index constituents the two key benchmark indices ended near the flat line on the last trading day of the financial year. The barometer index the S&P BSE Sensex rose 3.28 points or 0.01% to settle at 25341.86. The Nifty 50 index rose 3.20 points or 0.04% to settle at 7738.40. A bout of volatility was witnessed in late trade as key benchmark indices regained positive zone after slipping into the red from green. The Sensex and the Nifty edged higher for the second day in a row. With minuscule gains the Sensex and the Nifty both hit their highest closing level in more than 12 weeks.Shares of companies engaged in exploration & production of natural gas fell on reports that the government has reduced the cost of locally produced gas by about 20% for the six months period starting 1 April 2016. Gas utility stocks rose on reports that the cut in gas price would reduce raw material costs and expand margins of gas utility firms. Most metal shares declined after global credit ratings agency Standard & Poors S&P cut the outlook on Chinas sovereign credit rating to negative from stable.In overseas stock markets European stocks edged lower as investors remained cautious ahead of the release of euro zone inflation data due later in the day. Earlier during the global day most Asian stocks edged lower. US stocks extended gains for the third day yesterday 30 March 2016 although shares ended well off their days highs amid a dip in crude oil prices. Sentiment was underpinned by data from payroll firm ADP showing slightly stronger than expected private sector job growth in March.The Sensex rose 3.28 points or 0.01% to settle at 25341.86 its highest closing level since 6 January 2016. The Sensex rose 141.04 points or 0.56% at the days high of 25479.62. The index fell 115.36 points or 0.46% at the days low of 25223.22.The Nifty rose 3.20 points or 0.04% to settle at 7738.40 its highest closing level since 6 January 2016. The Nifty rose 42.40 points or 0.55% at the days high of 7777.60. The index fell 33.20 points or 0.43% at the days low of 7702.The Sensex and the Nifty edged higher for the second day in a row. The Sensex has gained 441.40 points or 1.77% in two trading sessions from its close of 24900.46 on 29 March 2016. The Sensex clocked gains of 2339.86 points or 10.17% in March 2016. The Sensex declined 2615.63 points or 9.35% in the year ended 31 March 2016 FY 2016. The Sensex has fallen 775.68 poi ",
WriteIf(DateNum()== 1160401 , " PRE SESSION:  Market May Decline On Negative Asian Cues \n  Market is seen opening lower mirroring weak Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 39 points at the opening bell.In overseas markets Asian stocks tumbled today 1 April 2016 as investors began the new quarter in a cautious mood with Japanese equities leading losses amid a slump in corporate sentiment. Metals rose after a gauge of Chinese manufacturing expanded for the first time since July. US stocks closed lower yesterday 31 March 2016 but still had one of their best months since October as market sentiment stabilized on a more dovish Federal Reserve.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 4056.62 crore yesterday 31 March 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 2890.57 crore yesterday 31 March 2016 as per provisional data.Among corporate news Bank stocks will be in focus as banks move towards marginal cost of funds based lending rates MCLR which comes into effect today 1 April 2016. As per Reserve Bank of Indias RBI news norms which comes into effect today 1 April 2016 interest rate on advances will be based on marginal cost of funds.Punjab National Bank PNB announced lending rates based on marginal cost of funds to be effective from today 1 April 2016. PNBs Marginal Cost of Funds based Lending Rate MCLR for overnight loans will be 9.15% for one month will be 9.2% and for three months will be 9.3%. The MCLR on 6-month loans will be 9.35% and for one-year loans the rate would be 9.4% the bank said. MCLR for three-year loans would be at 9.55% and loans with five-year maturity would carry an MCLR of 9.7% the bank said. The announcement was made after market hours yesterday 31 March 2016.Bank of India said that the bank has allotted 46.39 lakh equity shares to General Insurance Corporation of India on preferential basis on 30 March 2016 at  \n \n END SESSION: Benchmark Indices Snap 2-Day Winning Streak \n Losses for IT telecom stocks and index heavyweight Reliance Industries RIL outweighed gains for stocks of public sector banks and index heavyweights ITC and HDFC with the two key benchmark indices registered small losses. The barometer index the S&P BSE Sensex fell 72.22 points or 0.28% to settle at 25269.64. The Nifty fell 25.35 points or 0.33% to settle at 7713.05. The small losses for the two key benchmark indices materialized in the backdrop of weakness in global stocks. The Sensex and the Nifty snapped a two-day winning streak.Nonetheless the broad market depicted strength. More than two stocks rose for each stock that dropped on BSE. 1729 shares rose and 811 shares fell. A total of 103 shares were unchanged. A number of stocks forming part of the broad based BSE Small-Cap index registered gains exceeding 3%. The BSE Small-Cap index rose 0.93%. The BSE Mid-Cap index rose 0.22%. Both these indices outperformed the Sensex.In the overseas stock markets European stocks edged lower ahead of release of the closely watched monthly US jobs data which could reveal more about the state of health of the US economy. Earlier during the global day Japanese stocks led losses for Asian markets after data showing a slump in business confidence in Japan in Q1 March 2016. The Nikkei 225 Average ended 3.55% lower. US stocks closed lower yesterday 31 March 2016 but still had one of their best months since October as market sentiment stabilized on a more dovish Federal Reserve.The Sensex fell 72.22 points or 0.28% to settle at 25269.64 its lowest closing level since 29 March 2016. The index fell 222.51 points or 0.88% at the days low of 25119.35. The barometer index rose 13.08 points or 0.05% at the days high of 25354.The Nifty 50 index fell 25.35 points or 0.33% to settle at 7713.05 its lowest closing level since 29 March 2016. The index fell 72.30 points or 0.93% at the days low of 7666.10. The index rose 1.75 points or 0.02% at the days high of 7740.15.Among the sectoral indices on BSE the S&P BSE Realty index up 2.97% the S&P BSE Capital Goods index up 1.24% the S&P BSE FMCG index up 1.01% the S&P BSE Power index up 0.77% the S&P BSE Consumer Durables index up 0.70% the S&P BSE Industrials index up 0.54% the S&P BSE Finance index up 0.35% the S&P BSE Bankex up 0.29% the S&P BSE Consumer Discretionary Goods & Services index up 0.11% the S&P BSE Basic Materials index up 0.04% the S&P BSE Utilities index up 0. ",
WriteIf(DateNum()== 1160404 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 24 points at the opening bell.In overseas stock markets Asian stocks witnessed mixed trend. Stock markets in China Hong Kong and Taiwan were closed due to holiday. US stocks registered modest gains on Friday 1 April 2016 shaking off pressure from low oil prices after encouraging data on domestic employment and manufacturing.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 214.01 crore on Friday 1 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 519.91 crore on Friday 1 April 2016 as per provisional data.Among corporate news Tata Steel announced on Saturday 2 April 2016 that the sharp fall in international steel prices and the challenging conditions facing the global steel industry triggered a review of Tata Steels credit rating by Fitch. The companys long-term foreign currency issuer default rating IDR has been downgraded by 1 notch.HCL Technologies announced on Saturday 2 April 2016 an agreement to acquire through demerger all of the business of Geometric except for the 58% stake that Geometric owns in the joint venture-3DPLM Software Solutions with Dassault Systemes. In consideration of this acquisition HCL will issue 10 equity shares of Rs 2 each to Geometric shareholders for every 43 equity shares of Geometric of Rs 2 each held by them. In total HCL will issue 1.56 crore equity shares of Rs 2 each. The transaction is expected to be accretive on cash earnings per share HCL said. Geometric is one of Indias leading PLM consulting mechanical engineering and manufacturing engineering services providers. The acquisition strengthens HCLs presence significantly in the PLM consulting as well as mechanical and manufacturing engineering space. It also significantly strengthens HCLs automotive and industrial practices.The acquisition  \n \n END SESSION: Benchmark Indices Settle Near 3-Month High \n Telecom stocks and index heavyweight Infosys led upmove for key benchmark indices a day ahead of the Reserve Bank of Indias RBI monetary policy review. The barometer index the S&P BSE Sensex rose 130.01 points or 0.51% to settle at 25399.65. The gains for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty rose 45.75 points or 0.59% to settle at 7758.80. The two key indices extended gains towards the last one-hour of the trading session as European stocks extended gains. Asian and European stocks edged higher after US monthly job data reinforced market expectations that the US Federal Reserve will adopt a slower path for interest-rate increases.The Sensex and the Nifty both hit their highest closing level in almost three months.Telecom stocks edged higher after media reports suggested that the government has cut spectrum usage charges SUC from 5% of adjusted gross revenues AGR to 3%. Aviation stocks edged higher on lower crude oil prices. Mahindra & Mahindra M&M surged after the company announced the launch of its new sport utility vehicle SUV NuvoSport. Bajaj Auto moved higher after the company announced strong growth in sales volumes for the month just gone by.Index heavyweight and cigarette major ITC edged lower after the company announced that it has closed manufacturing operations at all its cigarette factories in India with effect from 1 April 2016 until clarity emerges on the quantum of mandatory pictorial health warning on cigarette packages.Shares of HCL Technologies edged higher after the company announced an agreement to acquire through demerger all of the business of Geometric except the 58% stake that Geometric owns in a joint venture with Dassault Systemes. Shares of Geometric spurted a staggering 19.39%. MphasiS edged lower after US investment firm Blackstone Group announced an open offer for acquiring 26% stake in MphasiS at a discount to the stocks closing price on Friday 1 April 2016.Yes Bank edged higher after the private sector bank announced raising Rs 545 crore from Basel III compliant Tier II bonds on private placement basis. Kotak Mahindra Bank KMBL nudged higher after the private sector bank announced lending rates based on marginal cost of funds.In overseas stock markets Asian and European stocks edged higher after US monthly job data reinforced market expectations that the US Federal Reserve will adopt a slower path for interest-rate increases. US stocks registered mode ",
WriteIf(DateNum()== 1160405 , " PRE SESSION:  Market May Open Lower On Weak Global Cues \n  Market is seen opening lower tracking weakness in Asian stocks and overnight decline on Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 59.50 points at the opening bell.In overseas stock markets Asian stocks edged lower tracking overnight decline in US markets. US stocks closed lower yesterday 4 April 2016 as pressure from a decline in oil prices mostly offset gains in health care stocks.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 236.82 crore yesterday 4 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 333.74 crore yesterday 4 April 2016 as per provisional data.Bank stocks will be in spotlight as the Reserve Bank of India RBI will announce the First Bi-monthly Monetary Policy Statement 2016-17 at 11:00 IST today 5 April 2016. Market expectations are that the RBI will cut its benchmark lending rate viz. the repo rate by atleast 25 basis points today 5 April 2016 with the government sticking to its fiscal deficit target for year 2016-17 in the Union Budget 2016-17 on 29 February 2016. The governments announcement of a reduction in interest rates on small savings schemes for Q1 June 2016 and dovish comments from US Federal Reserve Chairwoman Janet Yellen have reinforced market expectations of a rate cut from the RBI. In a speech in New York on 29 March 2016 Yellen stressed a need for a cautious stance on interest-rate increases in the backdrop of global economic slowdown.Interest rate sensitive realty and auto stocks will be in focus ahead of RBI monetary policy review. Purchases of both residential and commercial property are largely driven by finance. Purchases of cars utility vehicles and commercial vehicles are largely driven by finance.Shares of public sector oil marketing companies PSU OMCs will be watched after announcing a hike in petrol and diesel prices. Ind \n \n END SESSION: Sensex Falls Below 25000 Mark On Weakness In Global Stocks \n Banking telecom auto stocks and index heavyweights Infosys and ITC led losses for key benchmark indices with the barometer index the S&P BSE Sensex falling below the psychologically important 25000 level. The Sensex fell 516.06 points or 2.03% to settle at 24883.59. The Nifty fell 155.60 points or 2.01% to settle at 7603.20. The weakness on the domestic bourses was a part of weakness in global stocks triggered by uncertainty regarding the quantum and timing of interest rate hikes in the United States. The Sensex hit its lowest closing level in almost three weeks. The Nifty hit one-week closing low. Barring the S&P BSE Consumer Durables index all other sectoral indices on BSE registered losses.Meanwhile the Reserve Bank of Indias RBI announcement of a reduction in its benchmark lending rate viz. the repo rate by 25 basis points bps after a monetary policy review came in line with market expectations.Telecom stocks declined after media reports suggested that GSM operators body Cellular Operators Association of India COAI has said in a letter to Finance Minister Arun Jaitley that the Budget proposal to impose 15% service tax on the purchase of auctioned spectrum is likely to pose an additional tax burden of about Rs 27000 crore which will have to be passed on to consumers.Interest rate sensitive banking and auto stocks edged lower as RBIs announcement of a reduction in its benchmark lending rate viz. the repo rate by 25 basis points bps came in line with market expectations. Index heavyweight and cigarette major ITC fell 1.34% at Rs 326.50 with the stock extending losses registered in previous trading session triggered by the company announcement of temporary closure of manufacturing operations at all its cigarette factories in India with effect from 1 April 2016.The Sensex fell 516.06 points or 2.03% to settle at 24883.59 its lowest closing level since 17 March 2016. The index fell 562.14 points or 2.21% at the days low of 24837.51. The index lost 27.21 points or 0.1% at the days high of 25372.44.The Nifty 50 index fell 155.60 points or 2.01% to settle at 7603.20 its lowest closing level since 29 March 2016. The index fell 170.15 points or 2.19% at the days low of 7588.65. The index lost 22.50 points or 0.28% at the days high of 7736.30.The market breadth indicating the overall health of the market was weak. On BSE 1630 shares fell and 884 shares rose. A total of 125 shares were unchanged. The BSE Mid-Cap index fell 1.47%.  ",
WriteIf(DateNum()== 1160406 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Market is seen opening higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 21 points at the opening bell.In overseas stock markets Asian stocks were mixed. US stocks closed lower yesterday 5 April 2016 amid uncertainty regarding the quantum and timing of interest rate hikes in the United States.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 800.79 crore yesterday 5 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 55.85 crore yesterday 5 April 2016 as per provisional data.Among corporate news Lupin said it appointed Dr. Kurt Nielsen as President of Lupin – Somerset. Kurt will be responsible for overall operations of the Gavis-Novel Somerset business and will be based out of Somerset New Jersey. With the successful closure/completion of the Gavis acquisition earlier this month Lupin now has the 5th largest Abbreviated New Drug Application ANDA pipeline pending approval with the US Food and Drug Administration putting it in a formidable position in the US making this role critical to the overall growth and expansion of the company it added. The announcement was made after market hours yesterday 5 April 2016.On the macro front Markit Economics will unveil the outcome of a monthly survey on the Indias services sector for March at 10:30 IST today 6 April 2016. The seasonally adjusted Nikkei India Services Purchasing Managers Index PMI fell to a three-month low of 51.4 in February 2016.Banking telecom auto stocks and index heavyweights Infosys and ITC led losses for key benchmark indices yesterday 5 April 2016. with the barometer index the S&P BSE Sensex falling below the psychologically important 25000 level. The Sensex fell 516.06 points or 2.03% to settle at 24883.59.Other StoriesMarket may open with strong gains   13-Apr  08:43Market may gain on firm Asian stocks   12 \n \n END SESSION: Benchmark Indices Register Tiny Gains \n Gains for metal auto and telecom stocks offset losses for stocks of public sector banks and index heavyweight Infosys with the two key benchmark indices registering small gains. The barometer index the S&P BSE Sensex rose 17.04 points or 0.07% to settle at 24900.63. The Nifty 50 index rose 11.15 points or 0.15% to settle at 7614.35. The Sensex failed to retain the psychologically important 25000 level which it had crossed at the onset of trading session.Metal and mining stocks edged higher after the outcome of a monthly survey showed acceleration in growth in Chinas services sector last month. Tata Steel surged on media reports that the British government has initiated talks with potential buyers for the companys UK operations. Tata Motors edged higher after the company announced the commercial launch of its new hatchback Tiago. Shares of diversified state-run firm Andrew Yule & Company AYCL surged after the Cabinet Committee on Economic Affairs CCEA cleared a proposed for conversion of the working capital term loan WCTL amounting to Rs 29.91 crore from Bank of Baroda BoB into equity.In overseas stock markets European stocks edged higher after the outcome of a monthly survey showed improvement in Chinas service sector growth last month. China is the worlds second biggest economy after the United States. Asian stocks witnessed a mixed trend. In mainland China the Shanghai Composite ended near the flat line. In Hong Kong the Hang Seng index ended 0.15% higher. The Caixin China services purchasing managers index rose to 52.2 in March from 51.2 in February. Chinas official nonmanufacturing PMI a competing gauge also showed faster growth in March according to data released last week. US stocks closed lower yesterday 5 April 2016 on concerns about the upcoming corporate results and slowdown in global growth.The Sensex rose 17.04 points or 0.07% to settle at 24900.63 its highest closing level since 4 April 2016. The index rose 117.06 points or 0.47% at the days high of 25000.65. The index lost 49.53 points or 0.19% at the days low of 24834.16.The Nifty 50 index rose 11.15 points or 0.15% to settle at 7614.35 its highest closing level since 4 April 2016. The index rose 35.45 points or 0.46% at the days high of 7638.65. The index lost 11.45 points or 0.15% at the days low of 7591.75.The market breadth indicating the overall health of the market was strong. On BSE 1658 shares rose and 889 shares fell. A total of 141 shares  ",
WriteIf(DateNum()== 1160407 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening slightly lower. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 11 points at the opening bell.In overseas stock markets Asian stocks were mixed. US stocks snapped a two-day losing streak yesterday 6 April 2016 led by gains in health-care shares.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 493.56 crore yesterday 6 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 258.68 crore yesterday 6 April 2016 as per provisional data.Among corporate news shares of Indian Oil Corporation IOCL BPCL and HPCL may edge higher after the Union Cabinet decided to give oil PSUs the freedom to evolve their own policies on import of crude oil. This measure will increase the operational and commercial flexibility of oil PSUs and enable them to adopt the most effective procurement practices for import of crude oil according to a government statement. The announcement hit the market after trading hours yesterday 6 April 2016.Telecom stocks will be watched. The Union Cabinet yesterday 6 April 2016 approved the modifications in the policy for liberalisation of administratively allotted spectrum where market determined prices are not available. This will facilitate optimal utilisation of spectrum by introducing new technologies and sharing and trading of spectrum. The most recent recommended reserve price will be taken as the provisional price for liberalisation of administratively allocated spectrum where auction determined price is not available. Subsequent to the completion of the ensuing auction and with the availability of auction-determined price the provisional price already charged will be adjusted with the auction-determined price with effect from the date of liberalisation on pro-rata basis. The announcement of the modifications in the policy for liberalisation of administrativel \n \n END SESSION: Market Hits 3-Week Low \n IT telecom stocks and index heavyweights HDFC and ITC led losses for the two key benchmark indices. The barometer index the S&P BSE Sensex fell 215.21 points or 0.86% to settle at 24685.42. The Nifty fell 67.90 points or 0.89% to settle at 7546.45. The Sensex failed to retain the psychologically important 25000 level which it had crossed at the onset of the trading session. After languishing in negative zone almost throughout the trading session the two key indices extended losses in late trade as European stocks reversed gains. The Sensex and the Nifty both hit 3-week closing low.Shares of Tata Power and Adani Power edged lower in choppy trade after television reports that a tribunal has rejected a CECR order that allows these two power companies to charge higher prices from procurers than agreed upon for electricity produced from their plants at Mundra in Gujarat. Shares of state-run power equipment major Bharat Heavy Electricals Bhel surged after the company after the company reported a strong growth in order inflow for the year ended 31 March 2016 FY 2016.Index heavyweight and housing finance major HDFC edged lower after the companys announcement that it proposes to make an additional one-time special provision of Rs 450 crore in Q4 March 2016 on standard assets. Maruti Suzuki India edged lower on media reports that a foreign brokerage has cut the target price on the stock while retaining its hold rating on the stock.In overseas stock markets European stocks reversed initial gains ahead of the release of the minutes from the European Central Banks March meeting. Earlier during the global day Asian stocks witnessed a mixed trend. US stocks edged higher yesterday 6 April 2016 after the minutes of the Federal Reserves March meeting showed that officials favoured more gradual rate hikes amid concerns over global economic growth.The Sensex fell 215.21 points or 0.86% to settle at 24685.42 its lowest closing level since 17 March 2016. The index lost 253.15 points or 1.01% at the days low of 24647.48. The index rose 112.50 points or 0.45% at the days high of 25013.13.The Nifty 50 index fell 67.90 points or 0.89% to settle at 7546.45 its lowest closing level since 17 March 2016. The index lost 78.50 points or 1.03% at the days low of 7535.85. The index rose 16.40 points or 0.21% at the days high of 7630.75.The market breadth indicating the overall health of the market was negative. On BSE 1454 shares fell and 1116 shares rose ",
WriteIf(DateNum()== 1160408 , " PRE SESSION:  Market May See Flat Opening \n  Market is seen opening almost flat. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 3 points at the opening bell.In overseas stock markets Asian stocks edged lower tracking overnight decline on Wall Street. US stocks closed lower yesterday 7 April 2016 with financials leading declines on profit-taking in an overall risk-off environment ahead of earnings season.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 294.72 crore yesterday 7 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 16.06 crore yesterday 7 April 2016 as per provisional data.Among corporate news Hindustan Unilever HUL announced that it has completed the acquisition of Masons Group flagship hair oil brand Indulekha. The announcement was made after market hours yesterday 7 April 2016. It may be recalled that in December 2015 HUL had announced signing an agreement with Masons Group for acquisition of its flagship Indulekha brand.Tata Power announced after trading hours yesterday 7 April 2016 that the Appellate Tribunal for Electricity APTEL has decided against providing compensatory tariff to the companys 100% subsidiary Coastal Gujarat Power CGPL. CGPL controls the 4000 MW Ultra Mega Power Project UMPP at Mundra Gujarat.APTEL while pronouncing the order also remarked that Central Electricity Regulatory Commission CERC has no power to grant compensatory tariffs. However APTEL has thrown back the case to CERC. It has asked the commission to decide the tariff as per power purchase agreements PPAs and under ‘force majeure or ‘change in law. CERC has also been directed to conclude the exercise as expeditiously as possible but certainly within a period of 3 months from 7 April 2016.The case was being fought in APTEL between Tata Power and Adani Power with state utilities of Gujarat Rajasthan Maharashtra Punjab \n \n END SESSION: Key Indices Witness Divergent Trend \n After seeing a rangebound movement in intraday trade the two key benchmark indices settled near the flat line. The barometer index the S&P Sensex lost 11.58 points or 0.05% to settle at 24673.84. The Nifty 50 index rose 8.75 points or 0.12% to settle at 7555.20. The minuscule decline pushed the Sensex to its lowest closing level in more than three weeks.Bank stocks edged higher after the Reserve Bank of India issued guidelines allowing trading of priority sector lending certificates. Shares of state-run power equipment major Bharat Heavy Electricals extended previous trading sessions gains triggered by the company announcing a surge in its order inflow for the year ended 31 March 2016. Tata Power rose after the company announced that its wholly owned Singapore subsidiary Tata Power International Pte has signed an agreement with KS Orka Renewables Pte for the sale of its 50% stake in OTP Geothermal Pte.In overseas stock markets European stocks edged higher after stronger-than-expected German trade data for February 2016. The Germany economy is the Europes biggest. Earlier during the global day Asian stocks ended on a mixed trend. US stocks closed lower yesterday 7 April 2016 with financials leading decline on profit taking in an overall risk-off environment ahead of earnings season.The Sensex fell 11.58 points or 0.05% to settle at 24673.84 its lowest closing level since 15 March 2016. The barometer index lost 76.91 points or 0.31% at the days low of 24608.51. The Sensex rose 50.61 points or 0.2% at the days high of 24736.03.The Nifty rose 8.75 points or 0.12% to settle at 7555.20 its highest closing level since 6 April 2016. The index rose 22.90 points or 0.3% at the days high of 7569.35. The index lost 19.75 points or 0.26% at the days low of 7526.70.The BSE Mid-Cap index rose 0.64%. The BSE Small-Cap index rose 0.63%. Both these indices outperformed the Sensex.The market breadth indicating the overall health of the market was positive. On BSE 1481 shares rose and 1043 shares fell. A total of 165 shares were unchanged.The total turnover on BSE amounted to Rs 1955.18 crore lower than turnover of Rs 2956.03 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Basic Materials index up 0.89% the BSE Utilities index up 1.59% the BSE Capital Goods index up 0.97% the BSE Power index up 1.58% and the BSE Realty index up 1.44% outperformed the Sensex. The S&P BSE IT index down  ",
WriteIf(DateNum()== 1160411 , " PRE SESSION:  Market May Open Flat To Slightly Higher \n  Key benchmark indices are set to open flat to slightly higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 6 points at the opening bell.In overseas stock markets Asian stocks were mixed. US stocks closed marginally higher on Friday 8 April 2016 with petroleum-linked stocks posting strong gains even as worries about earnings cut into gains.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 180.27 crore on Friday 8 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 159.01 crore on Friday 8 April 2016 as per provisional data.Among corporate news telecom major Bharti Airtel said it will pay Rs 3500 crore to acquire rights to use 4G spectrum of Aircel in eight telecom circles. Bharti Airtel and its subsidiary Bharti Hexacom have on 8 April 2016 entered into a definitive agreements with Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular together Aircel to acquire rights to use 20 megahertz MHz 2300 Band 4G TD spectrum for eight circles namely Tamil Nadu including Chennai Bihar Jammu & Kashmir West Bengal Assam North East Andhra Pradesh and Orissa at an aggregate consideration of Rs 3500 crore. The announcement was made after market hours on Friday 8 April 2016.The spectrum was allotted to Aircel and Dishnet by the Government of India Ministry of Communication & IT Department of Telecommunication DoT and is valid upto 20 September 2030. The transfer of the right to use for the circles of Andhra Pradesh and Orissa is subject to the revision of spectrum caps with the upcoming auction to be conducted by DoT. With the above acquisition Bharti Airtel will become pan India 4G operator. The closing of the transaction is subject to satisfaction of the standard conditions as are normal to such transactions Bharti Airtel said in a statement.Sun Pharmaceutical Industries announ \n \n END SESSION: Sensex Reclaims 25000 Mark As Trading For The Week Begins On Positive Note \n A rally on the first trading session of the week took the barometer index the S&P BSE Sensex past the psychologically important 25000 mark. The Sensex surged 348.32 points or 1.41% to settle at 25022.16. The gains for the Nifty 50 index were higher than the Sensexs gains in percentage terms. The Nifty gained 116.20 points or 1.54% to settle at 7671.40. Telecom IT and banking stocks and index heavyweight ITC led the rally for the two key benchmark indices. The Sensex and the Nifty both hit one-week closing high. All the nineteen sectoral indices on BSE registered gains.The latest rally on the domestic bourses materialized as world stocks rose after data showing low Chinese inflation for March 2016 triggered expectations of more stimulus measures from the Chinese government to boost Chinas economic growth. The Sensex snapped a two-day losing streak. The Nifty edged higher for the second day in a row.Metal & mining stocks gained as data showing low Chinese inflation for March 2016 triggered expectations of more stimulus measures from the Chinese government to boost Chinas economic growth. Tata Steel rose after the company said its total steel sales increased 12.87% to 27.18 lakh tonnes in Q4 March 2016 over Q4 March 2015. L&T gained after a wholly owned subsidiary of the company won two orders valued at approximately $370 million from Petroleum Development Oman LLC.Bharti Airtel rose after the company said it would pay Rs 3500 crore to acquire rights to use 4G spectrum of Aircel in eight telecom circles. Shares of state-run power equipment major Bharat Heavy Electricals extended recent gains triggered by the company announcing a surge in its order inflow for the year ended 31 March 2016. Tata Motors rose after the company said that its global wholesales including Jaguar Land Rover rose 11% to 1.18 lakh units in March 2016 over March 2015.In overseas stock markets Italian banks led gains for European stocks on speculation that a fund may be set up to deal with Italian banking sectors bad loans. A meeting between Italys central bank and Italian Treasury officials is being convened today 11 April 2016. Earlier during the global day Chinese stocks edged higher as data showing low Chinese inflation for March 2016 triggered expectations of more stimulus measures from the Chinese government to boost economic growth. In mainland China the Shanghai Composite closed 1.64% higher. Bullish remarks from a Chinese investment analyst on China A-shares or yu ",
WriteIf(DateNum()== 1160412 , " PRE SESSION:  Market May Gain On Firm Asian Stocks \n  Key benchmark indices may open higher tracking firmness in Asian stocks. In overseas stock markets most Asian stocks gained led by Japanese equities as the yen retreated after a seven-day rally amid the start of the US earnings season. US stocks slipped yesterday 11 April 2016 at the start of a first-quarter earnings season that is expected to paint a bleak picture of corporate profits.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 107.23 crore yesterday 11 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 303.88 crore yesterday 11 April 2016 as per provisional data.Among corporate news BPCL announced that its board of directors at a meeting held yesterday 11 April 2016 approved the proposal to acquire Petronet Indias PIL 26% equity stake in Petronet CCK PCCKL at a total cost of Rs 78.60 crore. PCCKL is a subsidiary company promoted by BPCL and PIL. PCCKL owns and operates a petroleum product pipeline from Kochi to Karur in Tamil Nadu via Coimbatore for transportation of petroleum products. Currently BPCL has a stake of 73.96% in the equity capital of PCCKL and PIL has a stake of 26% while the balance is held by financial institutions FIs. Post completion of acquisition BPCLs holding in PCCKL will go up to 99.96%. The announcement was made after market hours yesterday 11 April 2016.Separately BPCL announced after market hours yesterday 11 April 2016 that its board of directors approved the proposal to seek shareholders consent by way of postal ballot for increasing the ceiling of investment by foreign institutional investors in the company by up to 49% from 24% in one or more tranches subject to regulatory authorities approval.Tata Steel said that Tata Steel UK announced the signing of an agreement to sell its long products Europe business to the family investment office Greybull Capital. The sale for a nominal consideration w \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In More Than A Week \n Auto and FMCG stocks led gains for key benchmark indices after private weather forecaster Skymet forecast above normal southwest monsoon rainfall during June-September 2016. The barometer index the S&P BSE Sensex rose 123.43 points or 0.49% to settle at 25145.59. The Nifty 50 index gained 37.55 points or 0.49% to settle at 7708.95. The state-run India Meteorological Department IMD in its initial monsoon forecast released after trading hours too predicted good rains during the June-September 2016 southwest monsoon season.The Sensex and Nifty both attained their highest closing level in more than a week. The Sensex gained for the second day in a row and the Nifty edged higher for the third day in a row.Shares of companies whose business is related to the rural sector gained after Skymet predicted above normal monsoon this year. Tata Steel dropped after the company announced that its British subsidiary Tata Steel UK has signed an agreement to sell its long products Europe business for a nominal consideration. Tata Motors extended previous trading sessions gains triggered by the company announcing 11% growth in its global wholesales including Jaguar Land Rover in March 2016 over March 2015. Maruti Suzuki India rose as yen eased from 17-month high against the dollar.In overseas stock markets Asian and European stocks edged higher as the yen retreated after a rally that took it to 17-month high against the dollar yesterday 11 April 2016. In Japan the Nikkei Average settled 1.13% higher. The yen edged lower against the dollar after Japanese finance ministers warning against excessive yen strength. The Japanese currency is perceived as a haven in times of global economic worries. US stocks edged lower yesterday 11 April 2016 as first-quarter earnings are expected to paint a bleak picture of corporate profits.The Sensex rose 123.43 points or 0.49% to settle at 25145.59 its highest closing level since 4 April 2016. The index rose 157.86 points or 0.63% at the days high of 25180.02. The index lost 25.72 points or 0.1% at the days low of 24996.44.The Nifty rose 37.55 points or 0.49% to settle at 7708.95 its highest closing level since 4 April 2016. The index rose 46 points or 0.59% at the days high of 7717.40. The index lost 8.05 points or 0.1% at the days low of 7663.35.The BSE Mid-Cap index rose 1%. The BSE Small-Cap index rose 0.9%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 2464.51 crore lower  ",
WriteIf(DateNum()== 1160413 , " PRE SESSION:  Market May Open With Strong Gains \n  Key benchmark indices may open with strong gains tracking firm Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 65.40 points at the opening bell. Domestic data showing rebound in industrial production in February and easing of consumer price inflation in March may also support gains on the bourses. The India Meteorological Department IMD in its release of the long range forecast for the 2016 southwest monsoon predicted above normal monsoon this year. The stock market will remain shut tomorrow 14 April 2016 on account of Dr. Baba Saheb Ambedkar Jayanti and again on Friday 15 April 2016 on account of Ram Navami.In overseas stock markets Asian stocks gained as rising crude prices buoyed energy producers and a weaker Japanese currency boosted shares in Tokyo. US stocks gained yesterday 12 April 2016 led by energy companies after news reports said Saudi Arabia and Russia were working toward an agreement to cut oil production. Investors also worked through the initial batch of earnings from the first quarter of the year.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 307.72 crore yesterday 12 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 61.74 crore yesterday 12 April 2016 as per provisional data.The India Meteorological Department IMD in its release of the long range forecast for the 2016 southwest monsoon season rainfall yesterday 12 April 2016 said that the monsoon seasonal rainfall during the forthcoming monsoon is likely to be 106% of the Long Period Average LPA with a model error of ± 5%. The LPA of the seasonal rainfall over the country as a whole for the period 1951-2000 is 89 cm.Among macro data industrial production IIP rebounded 2% in February 2016 over February 2015 while snapping consistent decline for last three straight months. The mining output posted he \n \n END SESSION: Benchmark Indices Vault On Rate Cut Hopes As CPI Eases To 6-Month Low \n Trading for the truncated trading week ended on an upbeat note as key benchmark indices surged on the back of a confluence of positive factors viz. forecast of good rains during the June-September 2016 southwest monsoon season further easing of consumer price inflation raising hopes of further rate cut from the Reserve Bank of India rebound in industrial production and gains in global stocks aided the latest rally on the domestic bourses. The barometer index the S&P BSE Sensex jumped 481.16 points or 1.91% to settle at 25626.75. The gains for the Nifty 50 index were lower than the Sensexs gains in percentage terms. The Nifty gained 141.50 points or 1.84% to settle at 7850.45. Auto metal cement stocks and index heavyweights HDFC HDFC Bank ITC and Reliance Industries RIL led the rally for the key benchmark indices.The Sensex and the Nifty remained in green throughout the trading session after opening with upward gap. The Sensex gained for the third day in a row and the Nifty edged higher for the fourth day in a row. The latest rally took the two key benchmark indices to their highest closing level in almost 15 weeks.Interest rate sensitive auto and banking stocks gained on hopes that the Reserve Bank of India could ease interest rates further after latest data showed that consumer price inflation eased to a six-month low in March. Maruti Suzuki India extended gains registered during the previous trading session as the Japanese yen moved further off a 17-month high against the dollar. Axis Bank edged higher after private sector bank announced reduction in its lending rates. Metal and mining stocks edged higher after better than expected March trade data from China.Index heavyweight and IT major Infosys dropped ahead of the announcement of its fourth quarter earnings. Wipro edged higher after the companys announcement that its board of directors will consider a proposal for buyback of equity shares of the company at its meeting on 20 April 2016.In overseas stock markets Asian and European stocks edged higher after the latest data showed stronger-than-expected growth in Chinas exports. China is the worlds second biggest economy after the United States. In mainland China the Shanghai Composite settled 1.44% higher. In Hong Kong the Hang Seng index closed 3.19% higher. Chinas exports rose 11.5% in March year-over-year in dollar terms. Imports declined 7.6% compared with Februarys 13.8% drop. Japanese stocks rose as the yen weakened against t ",
WriteIf(DateNum()== 1160418 , " PRE SESSION:  Market May Open Lower On Weak Asian Stocks \n  The market may open lower on weak Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 31 points at the opening bell. IT major TCS is scheduled to announce its Q4 March 2016 results today 18 April 2016. Among macro economic data the inflation based on wholesale price index WPI for the month of March 2016 is scheduled to be released by the government today 18 April 2016.In overseas markets Asian markets droppd after major oil producers failed to reach an agreement to curtail production in Doha over the weekend. In Japan the Nikkei 225 index was currently off 2.99% after a powerful second earthquake struck southern Japan on Saturday 16 April 2016. Chinese stocks dropped. In mainland China the Shanghai Composite index was currently off 1.28%. US markets closed marginally lower on Friday 15 April 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 644.27 crore on Wednesday 13 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 269.89 crore on Wednesday 13 April 2016 as per provisional data. The stock market had remained shut on 14 April 2016 on account of Dr. Baba Saheb Ambedkar Jayanti and again on 15 April 2016 on account of Ram Navami.Shares of IT major Infosys may edge higher after the company forecast revenue growth for the year ending 31 March 2017 FY 2017 that would exceed growth for the software services industry. At the time of announcement of Q4 March 2016 results on Friday 15 April 2016 when the stock market was closed for a holiday Infosys said that it expects revenue growth of 11.8%-13.8% for FY 2017 in US dollar terms. In constant currency terms the company has forecast 11.5%-13.5% growth in revenue for FY 2017. Infosys revenue growth forecast is higher than 10% to 12% growth for the IT outsourcing sector for FY 2017 forecast by IT industry body National Associ \n \n END SESSION: Nifty Gains For Fifth Day In A Row \n Telecom stocks and index heavyweights Infosys HDFC and ITC led gains for the two key benchmark indices as the fourth quarter earnings season began on positive note. The barometer index the S&P BSE Sensex rose 189.61 points or 0.74% to settle at 25816.36. The gains for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty rose 64.25 points or 0.82% to settle at 7914.70. Shares of index heavyweight and IT major Infosys surged after the company forecast strong revenue growth for the year ending 31 March 2017 FY 2017 at the time of announcement of its Q4 March 2016 results.The Sensex gained for the fourth day in a row and the Nifty edged higher for the fifth day in a row. The Sensex and the Nifty both hit their highest closing level in more than fifteen weeks.Telecom stocks gained after the finance ministry on 14 April 2016 clarified that no service tax is payable by telecom service providers TSP for spectrum assigned/auctioned to them before 1 April 2016. IT stocks moved higher after Infosys issued strong revenue growth guidance for the year ending 31 March 2017 FY 2017. Pharma major Lupin edged higher after the company announced that its US subsidiary Lupin Pharmaceuticals Inc. has launched its Fyavolv tablets in the United States. Mahindra & Mahindra M&M edged higher in volatile trade after a top official of the company said that the company is working on a range of gasoline engine options.Stocks of oil exploration and production E&P firms edged lower as crude oil prices dropped. Stocks of public sector oil marketing companies PSU OMCs edged higher on decline in crude oil prices. National Aluminium Company jumped 9.71% in a single trading session after the company announced that a meeting of its board of directors would be held on 22 April 2016 to consider the proposal for buyback of equity shares of the company.Index heavyweight and cigarette maker ITC rose after the company on Friday 15 April 2016 announced that consequent upon a High Court order passed in favour of the company the company will soon resume manufacture of cigarettes in its factories. State Bank of India SBI edged lower after the banks Chairman Arundhati Bhattacharya was quoted as saying that the Reserve Bank of India RBI has directed the bank to provide for losses on food grain-related loans issued to the Punjab state government.The Sensex rose 189.61 points or 0.74% to settle at 25816.36 its highest closing level since 1 Janu ",
WriteIf(DateNum()== 1160420 , " PRE SESSION:  Market Likely To Open Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 18 points at the opening bell. Wipro is scheduled to announce its Q4 March 2016 results today 20 April 2016.In overseas markets Asian stocks were trading mixed. US stocks closed on a mixed note yesterday 19 April 2016 amid a rise in oil prices.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 977.98 crore on Monday 18 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 313.22 crore on Monday 18 April 2016 as per provisional data.TCS consolidated net profit rose 5.4% to Rs 6413 crore on 4% rise in revenue to Rs 28449 crore in Q4 March 2016 over Q3 December 2015. TCS has recommended a final dividend of Rs 27 per share for the year ended 31 March 2016 FY 2016. The result was announced after market hours on Monday 18 April 2016. Operating profit rose 2.1% to Rs 7380 crore in Q4 March 2016 over Q3 December 2015. Earning per share EPS stood at Rs 32.54 in Q4 March 2016 compared with Rs 30.88 in Q3 December 2015. Q4 March 2016 saw a broad based growth with the core portfolio performing strongly led by BFSI retail and manufacturing.TCS top management in a post Q4 result conference call stated that with most of the headwinds behind the company is well placed to deliver a strong performance in FY 2017. The management believes that TCS scale and digital capability positions the company strongly to become the preferred digital partner for more and more clients and win a disproportionate share of their incremental digital spending. BFSI North America and Continental Europe have shown very good resilience and have grown very well in Q4 March 2016 with a good exit building up strong momentum going into FY 2017. The business in Latin America has turned the corner and has done very well during the last couple of quarters.HDFC before market hours today 20  \n \n END SESSION: Sensex Ekes Out Minuscule Gains \n Amid a divergent trend among various index constituents key benchmark indices settled near the flat line. The barometer index the S&P BSE Sensex rose 27.82 points or 0.11% to settle at 25844.18. The Nifty 50 index ended almost unchanged for the day. The index gained 0.05 points to settle at 7914.75. The Sensex gained for the fifth day in a row and the Nifty edged higher for the sixth day in a row. The Sensex and the Nifty both hit their highest closing level in nearly 16 weeks.Metal and mining stocks surged on recent rally in copper and steel prices in global commodities markets. National Aluminium Company Nalco dropped after the company said that due to unavoidable reasons the meeting of board of directors scheduled to be held on 22 April 2016 to consider buyback of shares has been postponed. Steel stocks rose after a foreign brokerage initiated coverage on Indian steel sector and assigned outperform rating on Tata Steel JSW Steel and Jindal Steel and Power. Tata Steel surged on media reports that senior officials at the companys Port Talbot steelworks in UK have been briefed about a possible management buyout of the Port Talbot manufacturing facilities.TCS edged lower after the company reported a 50 basis points decline in its operating profit margin at 27.7% in Q4 March 2016 from 28.2% in Q3 December 2015. Wipro edged higher ahead of the announcement of its fourth quarter earnings. Index heavyweight and housing finance major HDFC edged higher after the company announced that it intends to sell up to 10% stake in its subsidiary HDFC Standard Life Insurance Company HDFC Life through offer for sale OFS in an initial public offer IPO of HDFC Life subject to market conditions.The Sensex rose 27.82 points or 0.11% to settle at 25844.18 its highest closing level since 1 January 2016. The index gained 139.98 points or 0.54% at the days high of 25956.34. The index fell 99.55 points or 0.38% at the days low of 25716.81.The Nifty 50 index rose 0.05 points at 7914.75 its highest closing level since 1 January 2016. The index rose 35.70 points or 0.45% at the days high of 7950.40. The index fell 37.15 points or 0.46% at the days low of 7877.55.The market breadth indicating the overall health of the market was positive. On BSE 1477 shares gained and 1145 shares declined. A total of 148 shares were unchanged. The BSE Mid-Cap index rose 0.1% underperforming the Sensex. The BSE Small-Cap index gained 0.64% outperforming the Sensex.The to ",
WriteIf(DateNum()== 1160421 , " PRE SESSION:  A Firm Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 33 points at the opening bell. Shares of Hindustan Zinc and IndusInd Bank will be in focus as these two companies are scheduled to announce their Q4 March 2016 results today 21 April 2016.In overseas markets Asian stocks were trading higher. US stocks closed higher yesterday 20 April 2016 on rise in crude oil price and upbeat housing data provided support.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 80.10 crore yesterday 20 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 300.09 crore yesterday 20 April 2016 as per provisional data.Wipros consolidated net profit fell 2% to Rs 2240 crore on 12% rise in gross revenue to Rs 13630 crore in Q4 March 2016 over Q4 March 2015. The results are as per International Financial Reporting Standards IFRS. The result was announced after market hours yesterday 20 April 2016.Revenue from IT services business rose 2.4% to $1882 million in Q4 March 2016 over Q3 December 2015. On sequential basis the company expects 1% to 3.02% growth in revenue from IT services business at between $1901 million to $1939 million in Q1 June 2016.On an annualized basis the employee attrition rate dropped to 14.9% in Q4 March 2016 from 16.3% in Q3 December 2015.Wipros board of directors approved a proposal to buyback up to 4 crore equity shares of the company for an aggregate amount of up to Rs 2500 crore being 1.62% of the total paid up equity share capital. The buyback will be through the tender offer route at Rs 625 per share. The promoters of the company have indicated their intention to participate in the proposed buyback.TCS announced the release of a new TCS Intelligent Urban Exchange IUX application for Intelligent Water. The new urban analytics application offers pre-built ‘use cases to cost-effectively reduce No \n \n END SESSION: Sensex Gains For Sixth Day In A Row \n A divergent trend was witnessed as the barometer index the S&P BSE Sensex registered small gains and the Nifty 50 index settled with marginal losses. The Sensex rose 36.20 points or 0.14% to settle at 25880.38. The Nifty 50 index fell 2.70 points or 0.03% to settle at 7912.05. The Sensex settled below the psychologically important 26000 mark. The index had surpassed the psychologically important mark in early trade on the back of higher Asian stocks. The Sensex gained for the sixth day in a row. The Nifty snapped a six-day winning streak. With small gains the Sensex attained its highest closing level in nearly 16 weeks. On the other hand the Nifty hit its lowest closing level in more than a week.Stocks of public sector banks edged higher on reports that provisioning for non-performing asset will be lower than anticipated in Q4 March 2016 which in turn could restrict the negative impact on bottom line. IndusInd Bank dropped as sticky loans rose in Q4 March 2016. Chennai-based micro finance lender Equitas Holdings made a strong debut on the bourses.Wipro tumbled after the company reported weak Q4 results and issued muted revenue growth guidance for Q1 June 2016. Maruti Suzuki India eked out small gains as the Japanese yen eased against the dollar. Bharti Infratel edged lower with the stock extending losses registered during the previous trading session triggered by media reports that Bharti Airtel will sell more than 5% stake in the telecom tower company through an open market block deal. Stocks of oil exploration and production E&P firms edged higher after overnight gains in crude oil prices.The Sensex rose 36.20 points or 0.14% to settle at 25880.38 its highest closing level since 1 January 2016. The index gained 235.89 points or 0.91% at the days high of 26080.07. The index lost 61.06 points or 0.23% at the days low of 25783.12.The Nifty fell 2.70 points or 0.03% to settle at 7912.05 its lowest closing level since 13 April 2016. The index rose 63.70 points or 0.8% at the days high of 7978.45. The index fell 30.65 points or 0.38% at the days low of 7884.10.The market breadth indicating the overall health of the market was negative. On BSE 1495 shares declined and 1079 shares rose. A total of 158 shares were unchanged. The BSE Mid-Cap index shed 0.5%. The BSE Small-Cap index dropped 0.52%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 2798 crore higher than turnover of Rs 2706.85 crore regis ",
WriteIf(DateNum()== 1160422 , " PRE SESSION:  Market Likely To Open A Tad Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 11 points at the opening bell. Reliance Industries HDFC Bank and Cairn India among others are scheduled to announce their Q4 March 2016 earnings today 22 April 2016.In overseas markets Asian markets were trading lower following losses in US stocks overnight. US stocks closed lower yesterday 21 April 2016 as big declines in defensive sectors such as consumer staples telecoms and utilities weighed on the main indexes. In Europe the European Central Bank ECB yesterday 21 April 2016 left official interest rates unchanged as expected. The ECB left the interest rate on its main refinancing operations at 0% the interest rate on its marginal lending facility at 0.25% and the interest rate on its deposit facility at minus 0.4%. The ECB said it has started to expand its monthly asset purchases to 80 billion euros as announced in March and that the focus is now on the implementation of the additional non-standard measures decided last month. The announcement came after close of Indian market hours yesterday 21 April 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 805.42 crore yesterday 21 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 65.72 crore yesterday 21 April 2016 as per provisional data.Bharti Infratel said that the companys board of directors will consider the recommendations for distribution of profits till the year ended 31 March 2016 FY 2016 by way of dividend or buyback of a portion of fully paid up equity shares or a combination thereof in its meeting to be held on 26 April 2016 when the company announces its FY 2016 results. The announcement was made before market hours today 22 April 2016.Hindustan Zincs net profit rose 8% to Rs 2149 crore on 25% decline in revenue to Rs 3070 crore in Q4 March 2016 over Q4 March \n \n END SESSION: Nifty Settles At Over One Week Low \n A divergent trend among various index constituents resulted in small losses for key benchmark indices. The barometer index the S&P BSE Sensex lost 42.24 points or 0.16% to settle at 25838.14. The Nifty 50 index lost 12.75 points or 0.16% to settle at 7899.30. The small decline pushed the Nifty to its lowest closing level in more than a week.Car maker Maruti Suzuki India rose as Japanese yen weakened against the dollar. Shares of public sector banks extended previous sessions gains triggered by reports that provisioning for non-performing asset will be lower than anticipated in Q4 March 2016. HDFC Bank eked out small gains after reporting good Q4 results. Aurobindo Pharma gained after the company announced that it has received final approval from the US Food & Drug Administration USFDA to manufacture and market Esomeprazole Magnesium Delayed-release Capsules USP 20 mg and 40 mg.The Sensex lost 42.24 points or 0.16% to settle at 25838.14 its lowest closing level since 18 April 2016. The Sensex rose 41.64 points or 0.16% at the days high of 25922.02. The barometer index lost 108.50 points or 0.41% at the days low of 25771.88.The Nifty lost 12.75 points or 0.16% to settle at 7899.30 its lowest closing level since 13 April 2016. The Nifty rose 11.30 points or 0.14% at the days high of 7923.35. The index lost 38.70 points or 0.48% at the days low of 7873.35.The market breadth indicating the overall health of the market turned negative from positive in late trade. On BSE 1312 shares declined and 1251 shares gained. A total of 162 shares were unchanged. The BSE Mid-Cap index rose 0.08%. The BSE Small-Cap index rose 0.02%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 2566 crore lower than turnover of Rs 3238.40 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE FMCG index down 0.78% the BSE IT index down 0.57% the S&P BSE Teck index down 0.47% the BSE Consumer Durables index down 0.46% and the BSE Realty index down 0.34% underperformed the Sensex. The S&P BSE Auto index up 0.87% the BSE Bankex index up 0.44% the S&P BSE Utilities index up 0.4% and the BSE Oil & Gas index up 0.36% and the S&P BSE Consumer Discretionary Goods & Services index up 035% outperformed the Sensex.Index heavyweight and housing finance major HDFC fell 1.71% to Rs 1129.05. The stock hit high of Rs 1152 and low of Rs 1122 in intraday trade.Index heavyweig ",
WriteIf(DateNum()== 1160425 , " PRE SESSION:  Market May Edge Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 26.15 points at the opening bell.In overseas markets Asian shares edged lower today 25 April 2016 as investors awaited central bank meetings in the United States and Japan this week that are expected to hold clues to future policy moves. US stocks finished mixed Friday 22 April 2016 as earnings misses in the previous session from Microsoft and Google parent Alphabet slackened optimism on Wall Street.US Federal Reserve will hold its next two-day policy meeting on Tuesday 26 April 2016 and Wednesday 27 April 2016. As per market expectations the Fed is likely to hold rates steady at its policy meeting later in April and instead will opt to raise the federal funds rate by 25 basis points in its June meeting to 0.5-0.75% in what will be the second in its first series of rate rises in nearly a decade.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 191.07 crore yesterday 22 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 168.64 crore yesterday 22 April 2016 as per provisional data.On political front the second part of the budget session of Parliament will commence today 25 April 2016 after a month long recess and will conclude on 13 May 2016 during which government hopes to receive support of opposition parties in passage of key legislations including the Goods & Services Tax GST Bill.Among corporate news UltraTech Cement announces Q4 results today 25 April 2016.Reliance Industries RILs consolidated net profit rose 15.93% to Rs 7398 crore on 10.95% fall in total income to Rs 62010 crore in Q4 March 2016 over Q4 March 2015. Profit before interest depreciation and tax PBDIT rose 16.9% to Rs 13994 crore in Q4 March 2016 over Q4 March 2015. Earnings before interest and tax EBIT margin increased by 3.22% to 12.1% in Q4 March 2016 as com \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Almost Two Weeks \n Stocks of public sector banks pharma and metal firms and index heavyweights Reliance Industries HDFC and ITC led losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 159.21 points or 0.62% to settle at 25678.93. The Nifty 50 index fell 44.25 points or 0.56% to settle at 7855.05. The Sensex and the Nifty both hit their lowest closing level in almost two weeks. The decline on the domestic bourses materialized as Asian and European stocks dropped on caution ahead of the outcome of central bank meetings in the United States and Japan this week. The Sensex dropped for the second day in a row and the Nifty edged lower for the third straight trading session.Reliance Industries RIL edged lower after announcing Q4 March 2016 results after trading hours on Friday 22 April 2016. Cairn India dropped after the company reported a massive net loss for Q4 March 2016 due to an impairment charge. Car major Maruti Suzuki India dropped as Japanese yen strengthened against the dollar on expectations of further easing from the Bank of Japan.Bharti Airtel edged higher after the company announced that its board of directors will consider a proposal for buyback of equity shares on 27 April 2016. Stocks of UCO Bank and Indian Overseas Bank edged lower after the National Stock Exchange NSE announced the removal of these two stocks from its futures & options segment. Motherson Sumi Systems dropped after German car major Volkswagen posted a 4.1 billion euros operating loss for the year ended 31 December 2015 in the wake of a diesel emissions test-rigging scandal.The Sensex fell 159.21 points or 0.62% to settle at 25678.93 its lowest closing level since 13 April 2016. The barometer index fell 252.21 points or 0.98% at the days low of 25585.93. The index rose 52.89 points or 0.2% at the days high of 25891.03.The Nifty fell 44.25 points or 0.56% to settle at 7855.05 its lowest closing level since 13 April 2016. The Nifty fell 72.30 points or 0.92% at the days low of 7827. The index rose 11.70 points or 0.15% at the days high of 7911.The market breadth indicating the overall health of the market was negative. On BSE 1542 shares fell and 1071 shares rose. A total of 151 shares were unchanged. The BSE Mid-Cap index fell 0.14%. The BSE Small-Cap index fell 039%. The decline in both these indices was lower than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 4403 crore higher than turnover of Rs 2575.1 ",
WriteIf(DateNum()== 1160426 , " PRE SESSION:  Market May Extend Slide \n  Market may slide at opening bell tracking mixed cues from Asian markets and overnight slide on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 4.50 points at the opening bell.In overseas markets Asia stocks were mixed today 26 April 2016 after oil prices eased and as investors braced for central bank policy meetings in the United States and Japan later this week. The Bank of Japan BOJ holds a two-day monetary policy meeting on Wednesday 27 April 2016 and Thursday 28 April 2016. Market participants are becoming more confident in their expectations of further easing from the Bank of Japan. The BOJ in January decided to begin charging 0.1% interest on some bank reserves parked with the institution in a bid to kick-start the economy and pull it out of two decades of deflation.US stock prices fell yesterday 25 April 2016 as weaker oil prices weighed on energy shares. The US Federal Reserve holds a two-day policy meeting on Tuesday 26 April 2016 and Wednesday 27 April 2016. As per market expectations the Fed is likely to hold rates steady this week. The Fed statement could provide clues on the future path for interest rates.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 222.34 crore yesterday 25 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 747.95 crore yesterday 25 April 2016 as per provisional data.Among corporate news Axis Bank and Maruti Suzuki India will announce their Q4 results today 26 April 2016.Hindalco Industries announced that it has communicated to Aditya Birla Minerals ABML its intention to accept the offer by Metal X to acquire shares of ABML subject to receiving the approval of the Reserve Bank of India and no bona fide superior proposal being announced by a third party within 5 business days of Metals X announcing its intention to make the aforesai \n \n END SESSION: Sensex Nifty Settle At 16-1/2 Weeks High \n Key benchmark indices logged strong gains reversing intraday losses led by gains in banking stocks and index heavyweights HDFC ITC and Infosys. The barometer index the S&P BSE Sensex rose 328.37 points or 1.28% to settle at 26007.30. The Nifty 50 index rose 107.60 points or 1.37% to settle at 7962.65. The Sensex closed a tad above the psychologically important 26000 level which it had crossed in mid-afternoon trade. The Sensex and the Nifty both settled at their highest closing level in 16-1/2 weeks. All the nineteen sectoral indices on BSE registered gains.Index heavyweight and housing finance major HDFC rose. Another index heavyweight and IT major Infosys rose. Index heavyweight and engineering & construction major L&T advanced. Index heavyweight and cigarette major ITC reversed intraday losses on bargain hunting after recent decline. Metal shares edged higher. Auto stocks gained on renewed buying. Bank stocks advanced.The Sensex rose 328.37 points or 1.28% to settle at 26007.30 its highest closing level since 1 January 2016. The Sensex jumped 376.07 points or 1.46% at the days high of 26055. The index fell 129.88 points or 0.51% at the days low of 25549.05.The Nifty rose 107.60 points or 1.37% to settle at 7962.65 its highest closing level since 1 January 2016. The Nifty jumped 119.45 points or 1.52% at the days high of 7974.5. The index fell 32.50 points or 0.41% at the days low of 7822.55.The market breadth indicating the overall health of the market was strong. On BSE 1587 shares rose and 981 shares fell. A total of 171 shares were unchanged. The BSE Mid-Cap index rose 0.79%. The BSE Small-Cap index rose 0.68%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 2676 crore lower than turnover of Rs 4413.64 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Bankex up 2.02% the S&P BSE Metal index up 1.98% the S&P BSE Realty index up 1.93% the S&P BSE Finance index up 1.78% the S&P BSE Auto index up 1.57% outperformed the Sensex. The S&P BSE Consumer Discretionary Goods & Services index up 1.19% the S&P BSE Teck index up 1.16% the S&P BSE IT index up 1.13% the S&P BSE Industrials index up 1.07% the S&P BSE Basic Materials index up 1% the S&P BSE Healthcare index up 0.94% the S&P BSE Telecom index up 0.85% the S&P BSE Capital Goods index up 0.83% the S&P BSE Utilities index up 0.82% the S&P BSE Power in ",
WriteIf(DateNum()== 1160427 , " PRE SESSION:  Market May Extend Gains \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 37.35 points at the opening bell.In overseas markets Asian stocks were mixed as traders awaited policy decisions from the Federal Reserve and the Bank of Japan. The Bank of Japan BOJ holds a two-day monetary policy meeting today 27 April 2016 and Thursday 28 April 2016. Market participants are becoming more confident in their expectations of further easing from the Bank of Japan. The BOJ in January decided to begin charging 0.1% interest on some bank reserves parked with the institution in a bid to kick-start the economy and pull it out of two decades of deflation.US stocks closed with mixed results yesterday 26 April with the Nasdaq turning lower ahead of tech earnings. Meanwhile the S&P 500 and Dow Jones ended higher following a third straight day of losses. The US Federal Reserve holds a two-day policy meeting today 26 April 2016 and tomorrow 27 April 2016. As per market expectations the Fed is likely to hold rates steady this week. The Fed statement could provide clues on the future path for interest rates.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 512.22 crore yesterday 26 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 21.21 crore yesterday 26 April 2016 as per provisional data.Among corporate news Axis Banks net profit fell 1.2% to Rs 2154.28 crore on 9.75% rise in total income to Rs 13592.97 crore in Q4 March 2016 over Q4 March 2015. The announcement was made after market hours yesterday 26 April 2016. The banks gross non-performing assets NPAs stood at Rs 6087.51 crore as on 31 March 2016 as against Rs 5724.05 crore as on 31 December 2015 and Rs 4110.19 crore as on 31 March 2015. The ratio of gross NPAs to gross advances stood at 1.67% as on 31 March 2016 as against 1.68% as on 31 December 2015 and 1.34% as on 31 Ma \n \n END SESSION: Nifty Attains 25-Week Closing High \n A divergent trend for various index constituents resulted in small gains for the two key benchmark indices. The barometer index the S&P BSE Sensex rose 56.82 points or 0.22% to settle at 26064.12. The Nifty 50 index rose 17.25 points or 0.22% to settle at 7979.90. The two key benchmark indices edged higher for the second day in a row. The small gains took the Nifty to 25-week closing high and the Sensex to its highest closing level in nearly 17 weeks.Telecom major Bharti Airtel gained ahead of its Q4 results. IT stocks rose after global credit rating agency Moodys Investors Service said in a sector report that it expects the Indian IT services sector to maintain global market share gains despite headwinds. HCL Technologies dropped 1.58% ahead of its quarterly results. Shares of oil exploration and production companies rose as global crude oil prices surged.Axis Bank edged lower after the banks management said in a conference call that it expects bad loans to rise and credit costs to be sharply higher in the current financial year. Yes Bank edge higher in volatile trade after the private sector bank reported strong Q4 results.In overseas stock markets the main European markets rose. Earlier during the global day Asian stocks declined as traders awaited policy decisions from the Federal Reserve and the Bank of Japan. The Bank of Japans BOJ two-day monetary policy meeting began today 27 April 2016. Speculation is rife that the Japanese central bank will announce further easing of monetary policy. The BOJ in January decided to begin charging 0.1% interest on some bank reserves parked with the institution in a bid to kick-start the economy and pull it out of two decades of deflation.US stocks closed with mixed results yesterday 26 April 2016 ahead of a barrage of tech earnings and monetary policy statement from the Federal Reserve. The Federal Reserves two-day policy meeting concludes today 27 April 2016. As per market expectations the Fed is likely to hold rates steady this week. The Fed statement could provide clues on the future interest rate increases.The barometer index the S&P BSE Sensex rose 56.82 points or 0.22% to settle at 26064.12 its highest closing level since 1 January 2016. The Sensex rose 85.63 points or 0.33% at the days high of 26092.93. The index fell 122.06 points or 0.47% at the days low of 25885.24.The Nifty 50 index rose 17.25 points or 0.22% to settle at 7979.90 its highest closing level since 4 November 2015 ",
WriteIf(DateNum()== 1160428 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 73.75 points at the opening bell.The market may remain volatile as traders roll over positions in the futures & options F&O segment from the near month April 2016 series to May 2016 series. The near month April 2016 derivatives contract expire today 28 April 2016.In overseas markets Asian stocks were mixed. Investors across the Asia-Pacific region were waiting for results from the Bank of Japans two-day policy meeting which began yesterday 27 April 2016. Speculation is rife that the Japanese central bank will announce further easing of monetary policy. The BOJ in January decided to begin charging 0.1% interest on some bank reserves parked with the institution in a bid to kick-start the economy and pull it out of two decades of deflation.US stocks closed mostly higher yesterday 27 April 2016 but the gains were checked by weakness in the technology sector.Meanwhile the Federal Reserves two-day policy meeting concluded yesterday 27 April 2016. The Feds policy committee said it would leave interest rates unchanged taking a wait-and-see stance on future rate increases. The Feds signal that it was in no rush to raise rates relieved investors.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 411 crore yesterday 27 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 295.07 crore yesterday 27 April 2016 as per provisional data.Among corporate news ACC and Ambuja Cements will announce their Q1 results today 28 April 2016. Idea Cellular announces its Q4 results today 28 April 2016.Bharti Airtels consolidated net profit rose 2.78% to Rs 1290.30 crore on 8.43% rise in total income to Rs 24983.10 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 28 April 2016.Bharti Airtels board of directors approve \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In More Than Two Weeks \n A disappointment from the Japanese central bank which held off from expanding monetary stimulus pulled global stocks lower with Indian stocks witnessing a sharp slide. The barometer index the S&P BSE Sensex slumped 461.02 points or 1.77% to settle at 25603.10. The decline for the Nifty 50 index was lower than the Sensexs fall in percentage terms. The Nifty shed 132.65 points or 1.66% to settle at 7847.25. The Sensex fell below the psychologically important 26000 mark. The Sensex and the Nifty both hit their lowest closing level in more than two weeks. World stocks fell after the Bank of Japan left its main policies unchanged after the conclusion of a two-day monetary policy meeting disappointing market expectations the central bank would take further extraordinary steps to stimulate Japans economy.Stocks of public sector firms metal and auto companies and index heavyweights Infosys ITC HDFC Reliance Industries HDFC Bank led losses for key benchmark indices. The Sensex and the Nifty snapped a two-day winning streak.Car major Maruti Suzuki India dropped as the Japanese yen strengthened against the dollar after the Bank of Japan surprised financial markets by keeping its main policies unchanged after the conclusion of a two-day monetary policy meeting. HCL Technologies edged lower after the financial results for the quarter ended 31 March 2016 fell below market expectations. Yes Bank moved higher on reports that a total of four foreign brokerages have raised their target price on the Yes Bank stock in the wake of the banks impressive Q4 March 2016 earnings.The broad market depicted weakness. More than two stocks fell for each stock that rose on BSE. 1697 shares fell and 832 shares rose. A total of 167 shares were unchanged. The BSE Mid-Cap index fell 0.78%. The BSE Small-Cap index fell 1.05%. The decline in both these indices was lower than the Sensexs decline in percentage terms. Among the sectoral indices on BSE barring the S&P BSE Realty index all other sectoral indices on BSE registered losses.In overseas stock markets Asian and European stocks edged lower after the Bank of Japan unexpectedly held off from expanding monetary stimulus. Japanese stocks led losses for Asian equities. The Nikkei 225 Average ended 3.61% lower. The Bank of Japan BOJ voted to keep its current level of asset purchases unchanged and rates on hold while announcing a ¥300 billion $2.69 billion lending program to support banks in the region hit by this mon ",
WriteIf(DateNum()== 1160429 , " PRE SESSION:  Market May Extend Losses \n  Market is seen extending previous sessions losses tracking negative leads from Asian markets and overnight slide in the US market. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 14.30 points at the opening bell.In the overseas market Asian stock markets were mostly lower today 29 April 2016 extending losses from the previous session following an overnight sell-off on the Wall Street. However higher commodity prices lifted resources stocks. US market ended lower yesterday 28 April 2016 under the combined weight of disappointing data and weak corporate earnings. US gross domestic product grew only 0.5% in the first quarter its slowest pace in two years.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 120.63 crore yesterday 28 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 416.21 crore yesterday 28 April 2016 as per provisional data.Among corporate news ICICI Bank will announce Q4 results today 29 April 2016.Idea Cellulars consolidated net profit fell 38.87% to Rs 575.63 crore on 10.63% rise in total income to Rs 9524.09 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 28 April 2016. Consolidated earnings before interest tax depreciation and amortization EBITDA margin improved to 38.1% in Q4 March 2016 from 36.4% in Q4 March 2015. Consolidated EBITDA rose 18% to Rs 3616 crore in Q4 March 2016 from Q4 March 2015.Ambuja Cements net profit fell 4.38% to Rs 303.76 crore on 0.88% rise in total income to Rs 2580.85 crore in Q1 March 2016 over Q1 March 2015. The result was announced after market hours yesterday 28 April 2016. Ambuja Cements said that inspite of lower production and distribution cost net profit was lower mainly due to lower prices additional provision towards contribution to District Mineral Foundation and increased adver \n \n END SESSION: Benchmark Indices Settle Near The Flat Line \n Amid a divergent trend among various index constituents the two key benchmark indices ended virtually unchanged for the day. The barometer index the S&P BSE Sensex rose 3.52 points or 0.01% to settle at 25606.62. The Nifty rose 2.55 points or 0.03% to settle at 7849.80. ICICI Bank edged lower in choppy trade on increase in sticky loans in Q4 March 2016. Shares of oil exploration and production companies rose as global crude oil prices rose. HCL Technologies tumbled with the stock extending losses registered during the previous trading session triggered by disappointment from the companys earnings for the quarter ended 31 March 2016.Idea Cellular slumped after the company reported a sharp fall in bottom line in Q4 March 2016. Bharti Airtel edged lower after the company said it will undertake buyback of shares only after the approval from Delhi High Court for the scheme of amalgamation of its wholly owned subsidiary with the company.In overseas stock markets Asian and European stocks edged lower in the wake of the Japanese central banks decision against expanding monetary stimulus. Losses for US stocks overnight also weighed on Asian markets. After the conclusion of a two-day monetary policy the Bank of Japan BOJ yesterday 28 April 2016 voted to keep its current level of asset purchases unchanged and rates on hold while announcing a ¥300 billion $2.69 billion lending program to support banks in the region hit by this months Kyushu earthquake. Speculation was rife that the Japanese central bank would announce a further easing of the monetary policy to stimulate Japans economy. US stocks ended lower yesterday 28 April 2016 under the combined weight of disappointing data and weak corporate earnings. US gross domestic product grew only 0.5% in the first quarter its slowest pace of growth in two years.The Sensex rose 3.52 points or 0.01% to settle at 25606.62 its highest closing level since 27 April 2016. The index lost 179.07 points or 0.7% at the days low of 25424.03. The index rose 152.33 points or 0.59% at the days high of 25755.43.The Nifty 50 index rose 2.55 points or 0.03% to settle at 7849.80 its highest closing level since 27 April 2016. The index lost 58.55 points or 0.75% at the days low of 7788.70. The index rose 41.80 points or 0.53% at the days high of 7889.05.The market breadth indicating the overall health of the market was negative. On BSE 1353 shares fell and 1141 shares rose. A total of 166 shares were un ",
WriteIf(DateNum()== 1160502 , " PRE SESSION:  Market May Open Lower On Weak Global Cues \n  Market is seen opening lower tracking weakness in Asian markets and decline in US stocks during the previous trading session. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 44.50 points at the opening bell.In overseas stock markets Japanese stocks led decline in Asian markets. Japanese Nikkei 225 Average was currently off 3.62%. US stocks closed lower on Friday 29 April 2016 as healthcare stocks weighed.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 205.30 crore on Friday 29 April 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 28.13 crore on Friday 29 April 2016 as per provisional data.Among corporate news shares of public sector oil marketing companies PSU OMCs will be in focus after Indian Oil Corporation IOCL on Saturday 30 April 2016 announced an increase in the price of petrol and diesel with effect from the midnight of 30 April 2016. Petrol price was hiked by Rs 1.06 per litre and diesel price was raised by Rs 2.94 a litre at Delhi including state levies with corresponding price revision in other states. After the latest revision petrol in Delhi costs Rs 62.19 per litre and diesel costs Rs 50.95 a litre.UltraTech Cement clarified after market hours on Friday 29 April 2016 that the company has no fund raising proposal. Media reports had indicated that the company is looking to raise funds by way of equity for financing acquisition.HDFC is scheduled to announce its Q4 March 2016 results today 2 May 2016.Wipro announced before market hours today 2 May 2016 that its subsidiary Wipro Arabia and Saudi Aramco Princess Nourah University PNU on 1 May 2016 inaugurated the Kingdom of Saudi Arabias first all women business & technology park. The project is expected to create nearly 21000 jobs for Saudi women over a period of ten years Wipro said in a statement. The womens business  \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Almost 3 Weeks \n Stocks of public sector banks and index heavyweights HDFC Bank ITC and Infosys led losses for key benchmark indices on the first trading session of the week. The barometer index the S&P BSE Sensex fell 169.65 points or 0.66% to settle at 25436.97. The decline for the Nifty 50 index was lower than the Sensexs fall in percentage terms. The Nifty fell 43.90 points or 0.56% to settle at 7805.90. Data showing slowdown in growth in manufacturing sector in April 2016 and weakness in Japanese stocks weighed on the domestic bourses. The Sensex and the Nifty remained in negative zone throughout the trading session after opening with a downward gap. The two key benchmark indices hit their lowest closing level in almost three weeks.Meanwhile Minister of State for finance Jayant Sinha said in a written reply to a question in Lok Sabha on 29 April 2016 that the government is committed to implement General Anti Avoidance Rule GAAR in the country from 1 April 2017. He further said that the government will constitute a panel as mandated by the law and also provide for the guidelines on practical aspects relating to implementation of GAAR in due course.Maruti Suzuki India edged higher after the company reported modest growth in sales volumes for the month just gone by. ICICI Bank edged lower on reports that a foreign brokerage has cut its earnings estimates for the private sector bank by 15% to 16% for FY 2017 and FY 2018. Federal Bank reversed intraday losses after an unnamed executive of the Kerala based private sector bank was quoted as saying that he expects addition to bad loans for the bank to be lower in FY 2017 compared with FY 2016. InterGlobe Aviation edged lower after announcing muted growth in Q4 earnings.In overseas stock markets Japanese stocks edged lower as the yen surged to 1-1/2-year high against the dollar. The Nikkei 225 Average ended 3.11% lower. The stronger yen makes Japanese exports less competitive and cuts into the value of repatriated earnings. Japanese stocks extended losses registered during the previous trading session triggered by the Bank of Japans BOJ decision to keep its policies unchanged. Speculation was rife that the Japanese central bank would announce a further easing of the monetary policy to stimulate Japans economy. Japanese markets were closed on Friday 29 April 2016 for a national holiday. Many other Asian markets were closed today 2 May 2016 for a holiday. Most European stocks rose as a sharp decline in the prev ",
WriteIf(DateNum()== 1160503 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening slightly lower. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 17.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. In China the Shanghai Composite was currently up 1.25%. Latest data showed that a private gauge of nationwide factory activity in China fell to 49.4 in April from 49.7 in March. Japanese stock market was shut due to a holiday. US stocks closed higher yesterday 2 May 2016 after data showed slow-but-steady economic growth unfolding in the US. Latest data from the Institute for Supply Management showed manufacturing index in US fell to 50.8 last month from 51.8 in March. The reading coming in above 50 indicates expansion in manufacturing activity albeit at a slower-than-expected pace. Meanwhile the San Francisco Federal Reserve President John Williams reiterated yesterday 2 May 2016 his view that the US economy is ready for higher interest rates but flagged the risk of broad-based declines in asset prices as a result.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 434.93 crore yesterday 2 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 109.56 crore yesterday 2 May 2016 as per provisional data.Among corporate news State Bank of India SBI after trading hours yesterday 2 May 2016 announced reduction in lending rates by 5 basis points bps across tenures. SBIs Marginal Cost of Funds based Lending Rate MCLR for overnight loans will be 8.90%. MCLR for one-month loans will be 9% and for three-month loans it will be 9.05%. The MCLR on 6-month loans will be 9.10% and for one-year loans the rate would be 9.15% the bank said. MCLR for two-year loans would be at 9.25% and loans with three-year maturity would carry an MCLR of 9.30% the bank said.All rupee loans sanctioned and credit limits renewed with effect f \n \n END SESSION: Benchmark Indices Edge Lower For The Second Day In A Row \n IT banking sector stocks shares of public sector companies and index heavyweights ITC and Reliance Industries led losses for key benchmark indices triggered by weakness in global stocks. The barometer index the S&P BSE Sensex fell 207.27 points or 0.81% to settle at 25229.70. The Nifty 50 index fell 58.90 points or 0.75% to settle at 7747. World stocks fell after weak Chinese manufacturing data for April 2016. European stocks were hit additionally by strength in the euro against the dollar. The Sensex and the Nifty both hit 3-week closing low. The two key benchmark indices dropped for the second straight trading session.State Bank of India SBI dropped after the bank announced reduction in lending rates by 5 basis points bps across tenures. Coal India edged lower as the companys coal production and offtake in April 2016 fell short of the companys internal target. Shares of public sector oil marketing companies PSU OMCs declined after the Petroleum Planning and Analysis Cell PPAC under the Ministry of Petroleum and Natural Gas announced that the under-recoveries for the month of May 2016 on PDS Kerosene in Mumbai is expected to increase to Rs 9.12 per litre from Rs 8.73 per litre in April 2016.Tata Steel eked out small gains on reports that the global metals group Liberty House will today 3 May 2016 submit an indicative bid to buy Tata Steels UK assets. Aurobindo Pharma surged on reports that a foreign brokerage has initiated coverage on the Aurobindo Pharma stock with an outperform rating. In overseas stock markets European shares edged lower as the euro hit a roughly nine-month high against the dollar. Euro strength makes goods from European exporters more expensive to buy for holders of other currencies. Trading in US stock index futures pointed to losses for US stocks at the opening bell. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 109.50 points at the opening bell today 3 May 2016. Meanwhile the San Francisco Federal Reserve President John Williams reiterated yesterday 2 May 2016 his view that the US economy is ready for higher interest rates but flagged the risk of broad-based declines in asset prices as a result.Earlier during the global day Asian stocks ended on a mixed note. Chinese stocks saw a divergent trend after the latest data showed deceleration in Chinas manufacturing activity in April 2016. In mainland China the Shanghai Composite ended 1.85% higher. In Hong Kong t ",
WriteIf(DateNum()== 1160504 , " PRE SESSION:  Market May Open Lower On Negative Global Cues \n  Market is set to open on a weak note tracking negative global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 37 points at the opening bell.In overseas stock markets Asian stocks edged lower amid renewed global growth concerns after weaker-than-expected Chinese manufacturing data. US stocks closed lower yesterday 3 May 2016 led by declines in energy and materials stocks amid renewed global growth worries.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 755.28 crore yesterday 3 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 484.64 crore yesterday 3 May 2016 as per provisional data.Among corporate news Bharti Airtel announced after market hours yesterday 3 May 2016 that its subsidiary Airtel M-Commerce Services has been renamed as Airtel Payments Bank after receiving necessary approvals from all concerned authorities. The company also unveiled a new logo to reflect its new identity. On 11 April 2016 Airtel Payments Bank became the first entity in India to receive a payments bank license from the Reserve Bank of India RBI. The company plans to start rolling out its banking network in the second quarter of the current financial year. Airtel Payments Bank which began operations in 2011 as Airtel M-Commerce Services currently provides money transfer services and semi-closed wallet services Airtel Money. The company has presence in 800 plus towns across India.Adani Ports and Special Economic Zones APSEZ consolidated net profit rose 38.34% to Rs 914.06 crore on 18% increase in total income to Rs 2161.65 crore in Q4 March 2016 over Q4 March 2015. EBITDA earnings before interest taxes depreciation and amortization excluding other income rose 12% to Rs 1225 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 3 May 2016.Cargo across all p \n \n END SESSION: Key Indices Slide As Global Growth Worries Pull World Stocks Down \n Data showing slowdown in growth in the services sector and weakness in global stocks triggered modest losses for Indian stocks. The barometer index the S&P BSE Sensex fell 127.97 points or 0.51% to settle at 25101.73. The Nifty 50 index fell 40.45 points or 0.52% to settle at 7706.55. Losses for metal stocks public sector banks and index heavyweight ITC led losses for the two key benchmark indices. Concerns about global economic slowdown weighed on global stocks. With third straight day of losses the Sensex and the Nifty both hit their lowest closing levels in more than three weeks.The broad market depicted weakness. More than two stocks dropped for each stock that rose on BSE. 1784 shares declined and 784 shares rose. A total of 119 shares were unchanged. Quite a few stocks forming part of the broad based BSE Small-Cap index registered losses exceeding 3%. 602 stocks constituting 78.69% of a total of 765 stocks forming part of the BSE Small-Cap index registered losses. The BSE Small-Cap index fell 0.98%. The BSE Mid-Cap index fell 1.22%. The losses for both these indices were higher than the Sensexs decline in percentage terms.Metal and mining stocks edged lower in the wake of weaker-than-expected Chinese manufacturing data for April 2016. Shares of oil exploration and production E&P firms declined on lower crude oil prices. Index heavyweight and cigarette major ITC edged lower on reports that the Supreme Court today 4 May 2016 told the tobacco industry to adhere to rules requiring stringent health warnings on cigarette packs. Index heavyweight and housing finance major HDFC edged higher with the stock extending post-result gains. Yes Bank dropped after the private sector bank announced reduction in lending rate by 10 basis points across tenors.Adani Ports and Special Economic Zone APSEZ fell 11.98% in a single trading session on equity dilution worries after the companys board of directors decided to seek shareholders approval to raise funds by way of issue of equity shares/convertible bonds up to Rs 10000 crore. Tata Motors tumbled after the company revised downward the rate of growth in sales volume for April 2016 from the figures announced previously.Meanwhile the outcome of a monthly survey showed that growth in Indias services sector eased last month due to a slower expansion in new business inflows. The seasonally adjusted Nikkei Services Business Activity Index dropped to 53.7 in April 2016 from 54.3 in March 2016. April data  ",
WriteIf(DateNum()== 1160505 , " PRE SESSION:  Flat Opening On The Cards \n  Market may open flat to slightly higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 4.50 points at the opening bell.In overseas stock markets Asian stocks witnessed mixed trend. Latest data showed that growth in the services sector in China moderated last month. The China Caixin services purchasing managers index PMI came in at 51.8 for April continuing to show expansion but marking a moderation from 52.2 in March. In China the Shanghai Composite index was currently up 0.09%. In Hong Kong the Hang Seng index was currently down 0.28%. US stocks closed lower yesterday 4 May 2016 led by losses in energy and utilities stocks.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 66.45 crore yesterday 4 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 78.80 crore yesterday 4 May 2016 as per provisional data.Among key corporate earnings Eicher Motors and Hero MotoCorp are scheduled to announce their Q4 March 2016 results today 5 May 2016.Wipro and Qlik a leader in visual analytics have collaborated to offer advanced enterprise analytics solutions to joint customers across industry sectors. Wipros competency in delivering end-to-end Business Intelligence BI solutions combined with QlikView Qliks market-leading data discovery solution will widen the scope and scale of visualization solutions offered to customers Wipro said in a statement.As part of this expanded alliance QlikView is now fully integrated into Wipros SmartView-ServiceNXT analytics solution which converts complex data to easy visuals leading to simplified decision making. This integrated environment will result in customized offerings that will help organizations model optimize forecast budget execute manage and measure product and customer performance across the globe at the click of a button. In addition QlikView h \n \n END SESSION: Benchmark Indices Snap 3-Day Losing Streak \n Capital goods stocks and index heavyweights HDFC and ITC led gains for key benchmark indices. The barometer index the S&P BSE Sensex rose 160.48 points or 0.64% to settle at 25262.21. The gains for the Nifty 50 index were lower than the gains for the Sensex in percentage terms. The Nifty rose 28.95 points or 0.38% to settle at 7735.50. The market witnessed intraday volatility. After extending gains in mid-afternoon trade when the news of the passage of Finance Bill 2016 in the Lok Sabha hit the market the two key benchmark indices pared gains later. The government provided a thrust on the infrastructure agriculture and rural sectors in the Union Budget 2016-17. The Sensex and the Nifty snapped a three-day losing streak.Shares of Idea Cellular slumped on concerns of increase in debt burden and interest costs after a foreign brokerage reportedly said in a research note that the company may spend about Rs 8627 crore $1.3 billion in adding data spectrum in key markets in the upcoming spectrum auction around July 2016. Similar concerns weighed on the Bharti Airtel counter. Index heavyweight and housing finance major edged higher with the stock extending post-result gains. Adani Ports and Special Economic Zone APSEZ dropped on reports that a foreign brokerage has reduced its price target on the stock citing slowdown in the companys core port earnings growth.In overseas stock markets European stock markets edged higher buoyed by some solid corporate earnings at the likes of BT. Asian stocks edged lower on data showing slowdown in growth in Chinas services sector last month. However the data triggered speculation of likely stimulus for the Chinese economy thereby aiding recovery in mainland China. The Shanghai Composite index ended 0.22% higher. In Hong Kong the Hang Seng index ended 0.37% lower. The China Caixin services purchasing managers index PMI dropped to 51.8 in April from 52.2 in March. Chinas official non-manufacturing PMI a competing gauge fell to 53.5 in April from 53.8 in March according to data released on 1 May 2016. Chinas economy is the worlds second biggest economy.US stocks edged lower yesterday 4 May 2016 after weaker-than-expected private-sector job data. The ADP employment data showed that private payrolls across the US rose by 156000 last month. The increase is the smallest since April 2013. The report is seen as a precursor to the top-tier nonfarm-payrolls data due on Friday 6 May 2016. The nonfarm-payrolls d ",
WriteIf(DateNum()== 1160506 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening lower tracking weakness in Asian stocks and lackluster trading on Wall Street overnight. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 35 points at the opening bell.In overseas stock markets Asian stocks edged lower as investors await closely watched April US non-farm payroll numbers. US stocks closed slightly lower yesterday 5 May 2016 as oil failed to hold much of its intraday gains and investors awaited the key nonfarm-payrolls data due later in the global day today 6 May 2016. The nonfarm-payrolls data has implications for the US monetary policy. The US central banks mandate centers on maximizing employment and keeping inflation at a 2% target level. The Federal Open Market Committee FOMC next undertakes monetary policy review at a two-day meeting on 14-15 June 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 388.51 crore yesterday 5 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 251.79 crore yesterday 5 May 2016 as per provisional data.Banking stocks will be in focus after the Reserve Bank of India RBI issued draft guidelines on granting licences on a continuous basis for setting up of universal banks in the private sector. The bank can be promoted by a non-banking finance company NBFC controlled by residents with a successful track record for at least 10 years and individuals/professionals who are residents and have 10 years of experience in banking and finance. The RBI has also allowed entities/groups in the private sector owned and controlled by residents to promote a universal bank subject to the condition that the non-financial business of the group does not account for 40% or more in terms of total assets/gross income. The initial minimum paid-up voting equity capital for a universal bank has been set at Rs 500 crore. Thereafter the bank will be \n \n END SESSION: Market Registers Tiny Losses \n Amid a divergent trend for various index constituents the Nifty 50 index ended near the flat line. The barometer index the S&P BSE Sensex registered small losses. The Sensex lost 33.71 points or 0.13% to settle at 25228.50. The Nifty fell 2.05 points or 0.03% to settle at 7733.45. The Sensex and the Nifty staged a recovery from an initial fall triggered by weakness in Asian stocks. Asian and European stocks edged lower as investors turned cautious before the release of the influential US monthly non-farm payroll data.Stocks of public sector banks edged higher after the Lok Sabha passed the Insolvency and Bankruptcy Code 2016 yesterday 5 May 2016. Shares of public sector oil marketing companies PSU OMCs edged higher on decline in crude oil prices. Index heavyweight and cigarette major ITC trimmed losses triggered by the companys announcement of temporary closure of manufacturing of cigarettes at all its cigarette manufacturing units. Bharti Airtel rose after its subsidiary Bharti Airtel International Netherlands BV announced an agreement for the divestment of approximately 950 telecom towers in the Democratic Republic of Congo DRC to and Helios Towers Africa HTA.Eicher Motors rose in the wake of the companys announcement of strong financial performance for the quarter ended 31 March 2016 and management commentary of positive outlook for the motorcycle business. Hero MotoCorp dropped in volatile trade as its fourth quarter results came in line with market expectations. Bharat Heavy Electricals Bhel rose after the company announced that it has added another coal-based power plant to the grid by successfully commissioning a 500 megawatts MW thermal unit in Jharkhand.In overseas stock markets Asian and European stocks edged lower as investors turned cautious before the release of the influential US monthly non-farm payroll data for more clues about the interest rate outlook in the worlds largest economy. Most US stocks edged lower yesterday 5 May 2016 as investors awaited the key non-farm payrolls data. The US government will release the non-farm payroll data for April 2016 later in the global day today 6 May 2016. The non-farm payroll data could provide more clues about the timing and quantum of future interest rate increases from the US Federal Reserve. The job data has implications for the US monetary policy. The US central banks mandate centers on maximizing employment and keeping inflation at a 2% target level. The Federal Open M ",
WriteIf(DateNum()== 1160509 , " PRE SESSION:  Market May Open Slightly Higher \n  Key benchmark indices may open flat to slightly higher amid mixed cues from Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 19.65 points at the opening bell.In overseas stock markets Asian stocks were mixed today 9 May 2016. US shares posted modest gains on Friday 6 May 2016 mainly as the weaker-than-expected US jobs report fanned expectations that the Federal Reserve would have to hike interest rates at a very slow pace. US non-farm payrolls increased by 160000 in April the smallest gain since September and below the market expectations.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 27.71 crore on Friday 6 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 179.80 crore on Friday 6 May 2016 as per provisional data.Among corporate news Hindustan Unilever HUL will announce its Q4 results on today 9 May 2016.Grasim Industries consolidated net profit rose 37.38% to Rs 696.09 crore on 12.66% rise in total income to Rs 10058.03 crore in Q4 March 2016 over Q4 March 2015. The result was announced on Saturday 7 May 2016. During the year under a court approved scheme of amalgamation Aditya Birla Chemicals India ABCIL has been amalgamated with the company from the appointed date of 1 April 2015. In view of amalgamation of ABCIL with the company the results for the quarter and current year ended 31 March 2016 are not strictly comparable with corresponding periods of the previous year.ITC announced on Sunday 8 May 2016 that the cigarette factories are commencing production progressively. ITC had announced on 5 May 2016 that the company had to shut its cigarette factories from 4 May 2016 until it is in a position to comply with the interim requirements pending hearing in the Karnataka High Court after Supreme Court on 4 May 2016 passed an order transferring to the Karnataka \n \n END SESSION: Market Jumps On Optimism Over Progress Of Key Legislation In Parliament \n Optimism over the progress of key legislation in parliament and gains in European stocks triggered rally on the domestic bourses. The barometer index the S&P BSE Sensex rose 460.36 points or 1.82% to settle at 25688.86. The gains for the Nifty 50 index were lower than the Sensexs gains in percentage terms. The Nifty gained 132.60 points or 1.71% to settle at 7866.05. The Sensex and the Nifty both hit their highest closing level in almost two weeks.The latest rally on the domestic bourses was triggered by optimism over the progress of key legislation in parliament after the the Lok Sabha last week passed a key economic bill viz. the Insolvency and Bankruptcy Code 2015. Once the bill becomes a law it will help creditors recover bad debt faster. The bankruptcy bill aims to provide single unified law for timely resolution of insolvency and bankruptcy related cases in India. The Lok Sabha passed the Insolvency and Bankruptcy Code 2015 on 5 May 2016. The bill will now go to the Rajya Sabha for its passage.The focus now shifts to another key economic bill pending for its passage in Rajya Sabha viz. the Goods and Services Tax GST bill. The constitutional amendment bill for the implementation of GST which subsumes all indirect taxes to create a unified market across the country has been cleared by the Lok Sabha and is awaiting legislative passage in the Rajya Sabha. For the bill to become a law the GST bill also needs to be approved by half the state assemblies.In overseas stock markets European stocks extended intraday gains after the latest data showed German manufacturing orders rebounded sharply in March 2016.Bank stocks gained across the board in the wake of the passage of the passage of the Insolvency and Bankruptcy Code 2015 in the Lok Sabha. Shares of oil exploration and production companies rose as global crude oil prices gained. Stocks of public sector oil marketing companies PSU OMCs declined as global crude oil prices gained. Shares of diagnostic chain operator Thyrocare Technologies surged on its debut.Index heavyweight and cigarette maker ITC rose after the companys announcement that manufacturing of cigarettes at its factories will commence progressively. FMCG major Hindustan Unilever HUL edged lower in choppy trade after the company reported tepid volume growth in its domestic consumer business in Q4 March 2016. Tata Motors rose after the companys British luxury car making unit Jaguar Land Rover reported 11% growth in retai ",
WriteIf(DateNum()== 1160510 , " PRE SESSION:  Market May Open Lower \n  Key benchmark indices may edge lower in early trade. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 42.50 points at the opening bell.In overseas stock markets Asian stocks were mixed today 10 May 2016. Most US stocks finished just a bit higher yesterday 9 May 2016 as gains for drug companies were almost canceled by sharp losses for metals and energy companies.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 224.40 crore yesterday 9 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 350.60 crore yesterday 9 May 2016 as per provisional data.Among corporate news Zee Entertainment Enterprises is scheduled to announce its Q4 March 2016 results today 10 May 2016.Tata Steel said that the board of directors of Tata Steel Europe has announced that seven expressions of interest submitted for Tata Steels UK business have been immediately taken forward to the next stage of the sale process. In addition Tata Steel Europe is clarifying outstanding points with a number of other parties who have submitted an expression of interest. The remaining parties who submitted expressions of interest have been thanked for their participation in the process but informed that their expressions would not be taken forward currently. As previously announced it is Tata Steel Europes primary intention to assess expressions of interest for the whole of Tata Steels UK business and the seven expressions of interest being immediately taken forward are on this basis. Expressions of interest for parts of the UK business are not being taken forward at this point. In the next phase of the sales process the progressing interested parties will be given access to further business information and management team presentations in order for them to rapidly progress their interest to a binding stage.The announcement was made before mark \n \n END SESSION: Key Indices Edge Higher For The Second Straight Day \n Gains in global stocks aided small upmove for key benchmark indices. The barometer index the S&P BSE Sensex rose 83.67 points or 0.33% to settle at 25772.53. The gains for the Nifty 50 index were lower than Sensexs gains in percentage terms. The Nifty gained 21.75 points or 0.28% to settle at 7887.80. The Sensex and the Nifty both hit their highest closing level in almost two weeks. The two key benchmark indices edged higher for the second day in a row.Shares of FMCG giant Hindustan Unilever HUL edged higher after the companys Chief Financial Officer P.B. Balaji was quoted as saying after the announcement of the companys Q4 March 2016 results yesterday 9 May 2016 that he expects a sequential improvement in the companys sales volume growth in Q1 June 2016. Hindalco Industries fell on worries that increase in Chinese output could further weigh on global aluminium prices. JSW Steel edged lower on reports that the company is among seven bidders shortlisted for Tata Steels UK assets. Shares of microfinance firm Ujjivan Financial Services made a modest debut on the bourses.In overseas stock markets banking stocks led gains in European stocks after Swiss lender Credit Suisse Group posted a smaller-than-expected net loss in the first quarter. Resources shares also edged higher as crude and metal prices rose. Trading in US stock index futures indicated gains for US stocks at the opening bell. Trading in US index futures indicated that the Dow Jones Industrial Average could gain 62 points at the opening bell today 10 May 2016. Minneapolis Fed President Neel Kashkari said in a speech yesterday 9 May 2016 that he supported the current dovish stance of the Federal Reserve. Chicago Fed President Charles Evans said in a speech in London yesterday 9 May 2016 that a stronger labor market is underpinning growth prospects. The Federal Open Market Committee FOMC next undertakes monetary policy review at a two-day meeting on 14-15 June 2016.Japanese stocks led gains in Asian equities after Japanese finance minister Taro Aso told a parliamentary session today 10 May 2016 that it would be natural for the Japanese government to intervene if the yen were to gain abruptly against the US dollar. The Nikkei 225 Average settled 2.15% higher. A strong local currency puts pressure on the earnings of exporters because it can make their goods more expensive overseas. The Japanese finance minister yesterday 9 May 2016 said that he was prepared to undertake inter ",
WriteIf(DateNum()== 1160511 , " PRE SESSION:  Market May Start Days Trade With Sharp Losses \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 134 points at the opening bell as India and Mauritius yesterday 10 May 2016 signed the protocol for amendment of the convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains. With this Protocol India gets taxation rights on capital gains arising from alienation of shares acquired on or after 1 April 2017 in a company resident in India with effect from financial year 2017-18 while simultaneously protection to investments in shares acquired before 1st April 2017 has also been provided. Further in respect of such capital gains arising during the transition period from 1 April 2017 to 31 March 2019 the tax rate will be limited to 50% of the domestic tax rate of India subject to the fulfillment of the conditions in the Limitation of Benefits Article. Taxation in India at full domestic tax rate will take place from financial year 2019-20 onwards.The protocol will tackle the long pending issues of treaty abuse and round tripping of funds attributed to the India-Mauritius treaty curb revenue loss prevent double non-taxation streamline the flow of investment and stimulate the flow of exchange of information between India and Mauritius. It will improve transparency in tax matters and will help curb tax evasion and tax avoidance. At the same time existing investments i.e. investments made before 1 April .2017 have been grand-fathered and will not be subject to capital gains taxation in India.In overseas stock markets Asian stocks were mixed today 11 May 2016. US stocks jumped yesterday 10 May 2016 as oil prices rallied.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 328.59 crore yesterday 10 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 68.20 crore yesterday 10 May  \n \n END SESSION: Key Indices Slide On Concerns About Foreign Equity Flows After Amendments To Mauritius Tax Treaty \n Concerns that future equity inflows into India would be hit in the aftermath of amendments to the bilateral India-Mauritius tax treaty weighed on the domestic bourses. The barometer index the S&P BSE Sensex shed 175.51 points or 0.68% to settle at 25597.02. The losses for the Nifty 50 index were lower than the losses for the Sensex in percentage terms. The Nifty declined 38.95 points or 0.49% to settle at 7848.85. Nonetheless both these key benchmark indices recovered from an initial steep slide as market took solace in the so-called grandfathering of investments made in India from Mauritius before 1 April 2017 in the amended bilateral India-Mauritius tax treaty. As per the amendments to the bilateral India-Mauritius tax announced by Indias finance ministry after trading hours yesterday 10 May 2016 with effect from 1 April 2017 capital gains tax will be levied on sale of shares in India from a resident of Mauritius.Investors from Mauritius will continue to get the benefit of capital gains tax exemption on sale of shares with respect to their existing investments as well as for investments made until the cut off date of 31 March 2017 irrespective of when the shares are sold. Additionally there will be a benefit of 50% reduction in the capital gains tax rate during the transition period from 1 April 2017 to 31 March 2019 subject to the Limitation of Benefits Article whereby a resident of Mauritius including a shell/conduit company will not be entitled to the benefit of 50% reduction in tax rate if it fails the main purpose test and bonafide business test. A resident is deemed to be a shell/ conduit company if its total expenditure on operations in Mauritius is less than Rs 27 lakh Mauritian Rupees 1500000 in the immediately preceding 12 months. Taxation in India at full domestic tax rate will take place from financial year 2019-20 onwards. Mauritius is the top source of foreign funds into India.Following the amendments to the bilateral India-Mauritius tax treaty India and Singapore will need to renegotiate their own double tax-exemption treaty as rules say that any changes to the capital gains exemption clause in the treaty with Mauritius would also lead to changes in the agreement with Singapore. Singapore is another major source of foreign funds into India.Stocks of public sector banks telecom firms and index heavyweights ITC HDFC Infosys and Reliance Industries led losses as the two key benchmark indices snapped a two-day winning str ",
WriteIf(DateNum()== 1160512 , " PRE SESSION:  Market May Open Flat To Slightly Lower \n  Key benchmark indices may open flat to slightly lower tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 3.25 points at the opening bell.In overseas stock markets Asian stocks dropped following overnight losses in US stocks amid growing pessimism over corporate earnings. US stocks dropped yesterday 11 May 2016 as disappointing earnings from Disney and a slump among retailers led to selling.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 362.19 crore yesterday 11 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 729.59 crore yesterday 11 May 2016 as per provisional data.Among corporate news Adani Power announced that it has raised Rs 330 crore by allotment of 3300 rated listed redeemable zero coupon non- convertible debentures NCDs of the face value of Rs 10 lakh each on private placement basis. The NCDs will be listed on the wholesale debt market segment of BSE. The announcement was made after market hours yesterday 11 May 2016.Jubilant Life Sciences announced that one of its wholly-owned subsidiaries Jubilant DraxImage Inc JDI and Cyclopharm have mutually terminated their previously announced term sheet for exclusive commercial rights of Technegas in the US market. Both parties have agreed to discuss potential commercial opportunities once Cyclopharm obtains United States Food and Drug Administration USFDA approval for Technegas Jubilant Life Sciences said in a statement. The announcement was made after market hours yesterday 11 May 2016.Among key macro economic announcements the government is scheduled to unveil industrial production data for March 2016 at 17:30 IST today 12 May 2016. Indias industrial production IIP rebounded 2% in February 2016 over February 2015 while snapping consistent decline for last three straight months.The governmen \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In More Than Two Weeks \n The passage of the Insolvency and Bankruptcy Code 2016 in Rajya Sabha and gains in European stocks triggered upmove on the domestic bourses. The barometer index the S&P BSE Sensex gained 193.20 points or 0.75% to settle at 25790.22. The gains for the Nifty 50 index were lower than Sensexs gains in percentage terms. The Nifty rose 51.55 points or 0.66% to settle at 7900.40. The Sensex and the Nifty both hit their highest closing level in more than two weeks.Stocks of public sector banks edged higher after the Rajya Sabha passed the Insolvency and Bankruptcy Code 2016 yesterday 11 May 2016. Shares of oil exploration and production E&P firms edged higher after sharp surge in crude oil prices. Pharma major Dr Reddys Laboratories DRL rose after announcing Q4 March 2016 results. Hindalco Industries extended previous trading sessions gains triggered by its US subsidiary Novelis Inc reporting strong Q4 results. Asian Paints extended previous trading sessions gains triggered by the company declaring good Q4 results.In overseas stock markets oil and gas stocks led gains in European equities as crude oil prices rose after Paris based International Energy Agency said in its monthly report on the oil sector that global oil stocks will experience a sharp reduction in the second half of the current calendar year on the back of strong demand and falling supply by some major producers. Meanwhile UKs central bank Bank of England is widely expected to keep its main interest rate on hold at a record low of 0.5% after the conclusion of its monetary policy meeting today 12 May 2016. Earlier during the global day Asian markets ended on a mixed note. US stocks dropped yesterday 11 May 2016 as disappointing earnings from Walt Disney Co. and a slump in stock prices of retailers led to selling.The Sensex rose 193.20 points or 0.75% to settle at 25790.22 its highest closing level since 27 April 2016. The index rose 230.01 points or 0.89% at the days high of 25827.03. The index gained 23.25 points or 0.09% at the days low of 25620.27.The Nifty rose 51.55 points or 0.66% to settle at 7900.40 its highest closing level since 27 April 2016. The index gained 67.20 points or 0.85% at the days high of 7916.05. The index rose 0.80 points or 0.01% at the days low of 7849.65.The BSE Mid-Cap index rose 0.69% underperforming the Sensex. The BSE Small-Cap index rose 0.93% outperforming the Sensex.The market breadth indicating the overall health of the market wa ",
WriteIf(DateNum()== 1160513 , " PRE SESSION:  Market May Open Lower \n  Key benchmark indices may open lower tracking weak Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 67.20 points at the opening bell.In overseas stock markets Asian stocks dropped as crude oil retreated and technology shares declined after Apple Inc. sank to the lowest since June 2014. US stocks closed mostly lower yesterday 12 May 2016 weighed by declines in health care and technology stocks.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 24.14 crore yesterday 12 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 258.35 crore yesterday 12 May 2016 as per provisional data.Among macro data inflation based on consumer price index CPI surged to 5.39% in April 2016 from six months low of 4.8% recorded in March 2016. The corresponding provisional inflation rate for rural area was 6.09% and urban area 4.68% in April 2016 as against 5.70% and 3.95% in March 2016. The core CPI inflation rose to 4.76% in April 2016 from 4.54% in march 2016.Industrial production IIP growth moderated to 0.1% in March 2016 over March 2015 compared with 2% growth recorded in February 2016. The electricity generation surged at double-digit pace of 11.3% in March 2016. However the mining output declined 0.1% and manufacturing production dipped 1.2% contributing to the overall slower growth in industrial output in March 2016. Both CPI and IIP data were announced after market hours yesterday 12 May 2016.Among corporate news Nestle Indias net profit fell 19.13% to Rs 259 crore on 8.5% decline in total income from operations net to Rs 2302.46 crore in Q1 March 2016 over Q1 March 2015. The result hit the market after trading hours yesterday 12 May 2016. The company said that the Maggi Noodles issue adversely impacted the financial performance in the first quarter. Nestle relaunched Maggi noodles in the mark \n \n END SESSION: Sensex Nifty Hit One-Week Closing Low \n Acceleration in consumer price inflation in April 2016 triggered losses for Indian stocks as the data triggered speculation that the Reserve Bank of India RBI would hold off on cutting rates at its policy review next month. The barometer index the S&P BSE Sensex shed 300.65 points or 1.17% to settle at 25489.57. The losses for the Nifty 50 index were lower than the Sensexs decline in percentage terms. The Nifty dropped 85.50 points or 1.08% to settle at 7814.90. Weakness in global stocks also weighed on the domestic bourses. The Sensex and the Nifty both hit one-week closing low.Stocks of metal and pharma firms public sector banks and index heavyweights HDFC and Reliance Industries RIL led losses for the two benchmark indices. Interest rate sensitive banking and realty stocks dropped after data showing acceleration in consumer price inflation in April 2016 sparked concerns that the Reserve Bank of India RBI would hold off on cutting rates at its policy review next month.Asian Paints edged higher with the stock extending recent gains triggered by the companys strong Q4 results. Eicher Motors dropped after the promoter group pared stake in the company. Nestle India surged after the company reported strong results on sequential basis in Q1 March 2016.On the macro front the latest data showing acceleration in consumer price inflation in April 2016 has triggered speculation that the Reserve Bank of India RBI would hold off on cutting rates at its policy review next month. Inflation based on consumer price index CPI surged to 5.39% in April 2016 from six months low of 4.8% recorded in March 2016. The core CPI inflation rose to 4.76% in April 2016 from 4.54% in March 2016. Reserve Bank of India governor Raghuram Rajan was quoted as saying in speech in London today 13 May 2016 that the core inflation remains sticky and a bit higher than policymakers would like to see. Rajan said the RBI would continue with the task of anchoring inflation expectations.The RBI next undertakes monetary policy review on 7 June 2016. In its bid to boost economic growth RBI announced a reduction of 25 basis points bps in its benchmark lending rate viz. the repo rate to 6.5% from 6.75% after a scheduled monetary policy review on 5 April 2016. At that time Rajan had indicated in his monetary policy statement that the central bank may cut the repo rate further in the coming months if macroeconomic and financial developments provide room for further rate cut.Meanwh ",
WriteIf(DateNum()== 1160516 , " PRE SESSION:  Market May Open Lower On Weak Asian Stocks \n  Trading for the week is likely to begin on a subdued note on negative Asian cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 12 points at the opening bell. Among macro data the inflation based on wholesale price index WPI for the month of April 2016 is scheduled to be released by the government today 16 May 2016.In overseas markets Asian stocks dropped on soft Chinese economic data released over the weekend. Chinas investment factory output and retail sales all grew more slowly than expected in April adding to doubts about whether the worlds second-largest economy is stabilizing data released on Saturday showed. Industrial output rose 6% year-over-year in April compared with 6.8% growth in March the National Bureau of Statistics said. Fixed-asset investment in urban areas grew by a weaker-than-expected 10.5% year-over-year in the January-to-April period compared with an annual increase of 10.7% for the first three months of 2016. Retail sales grew by a less-than-expected 10.1% in April compared with a year earlier slowing from Marchs 10.5% year-over-year rise. US stocks ended lower during the previous trading session on Friday 13 May 2016 on a slump in consumer-focused companies.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1493.88 crore on Friday 13 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 667.03 crore on Friday 13 May 2016 as per provisional data.Among macro data the inflation based on wholesale price index WPI for the month of April 2016 is scheduled to be released by the government today 16 May 2016. WPI stood at negative 0.85% in March 2016 as compared to a reading of negative 0.91% in February 2016.The latest data showed that Indias merchandise exports continued to register year-on-year decline in value terms at the beginning of the new financial year. Me \n \n END SESSION: Market Edges Higher Amid Volatility \n Trading for the week started on a positive note as key benchmark indices settled with decent gains after what was a volatile trading session. The barometer index the S&P BSE Sensex rose 163.66 points or 0.64% to settle at 25653.23. The Nifty 50 index rose 45.85 points or 0.59% to settle at 7860.75. FMCG and realty stocks gained. Shares of PSU banks declined after Bank of Baroda and Union Bank of India posted weak Q4 resultsIn overseas markets European stocks fell despite Asian bourses shrugging off more evidence of a slowing Chinese economy. Most Asian stocks rose shrugging off soft Chinese data released over the weekend. Chinas investment factory output and retail sales all grew more slowly than expected in April adding to doubts about whether the worlds second-largest economy is stabilizing data released on Saturday showed. Industrial output rose 6% year-over-year in April compared with 6.8% growth in March the National Bureau of Statistics said. Fixed-asset investment in urban areas grew by a weaker-than-expected 10.5% year-over-year in the January-to-April period compared with an annual increase of 10.7% for the first three months of 2016. Retail sales grew by a less-than-expected 10.1% in April compared with a year earlier slowing from Marchs 10.5% year-over-year rise. US stocks ended lower during the previous trading session on Friday 13 May 2016 on a slump in consumer-focused companies.Closer home the Sensex rose 163.66 points or 0.64% to settle at 25653.23 its highest closing level since 12 May 2016. The index rose 198.89 points or 0.78% at the days high of 25688.46. The index lost 137.95 points or 0.54% at the days low of 25351.62 its lowest level since 9 May 2016.The Nifty 50 index rose 45.85 points or 0.59% to settle at 7860.75 its highest closing level since 12 May 2016. The index rose 59 points or 0.75% at the days high of 7873.90. The index fell 42.75 points or 0.54% at the days low of 7772.15 its lowest level since 9 May 2016.The market breadth indicating the overall health of was positive. On BSE 1308 shares gained and 1258 shares rose. A total of 173 shares were unchanged. The BSE Mid-Cap index rose 0.3%. The BSE Small-Cap index gained 0.09%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 2230 crore lower than turnover of Rs 2507.83 crore registered during the previous trading session on Friday 13 May 2016.Among sectoral indices on BSE the S&P BSE Oil & Gas index  ",
WriteIf(DateNum()== 1160517 , " PRE SESSION:  Market May Open Higher On Positive Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 24 points at the opening bell.Asian stocks rose as energy stocks rose on further gains in oil prices. US stocks closed higher yesterday 16 May 2016 as a surge in oil prices and a rally in tech stocks overshadowed weaker-than-expected manufacturing data from the New York region. The Empire State general business-conditions index which measures activity in the New York area nosedived to a reading of negative 9 in early May from positive 9.6 in April.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 79.84 crore yesterday 16 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 127.97 crore yesterday 16 May 2016 as per provisional data.ITC announced that the scheme of amalgamation of BFIL Finance with Russell Credit became effective from 16 May 2016. BFIL Finance is a wholly owned subsidiary of Russell Credit which in turn is a wholly owned subsidiary of ITC. Consequently BFIL Finance has ceased to be a subsidiary of Russell Credit and that of ITC with effect from 16 May 2016. The announcement was made after market hours yesterday 16 May 2016.NTPC announced that it has entered into an agreement with Coal India for formation of a 50:50 joint venture company to take up the revival of fertilizer plants of Fertilizer Corporation of India FCIL at Sindri Bihar and Gorakhpur Uttar Pradesh by setting up an ammonia urea plant at each location. The announcement was made after market hours yesterday 16 May 2016.TCS said that Siemens a leading global technology powerhouse and the company will leverage their longstanding partnership to expand and enhance the delivery of product performance intelligence through big data analytics to the global manufacturing industry. The announcement was made after market hours yesterday 16 May 2016.Wipro announced a partnership w \n \n END SESSION: Market Gains For Second Day In A Row \n Amid a divergent trend among various index constituents the two key benchmark indices clocked modest gains. The barometer index the S&P BSE Sensex rose 120.38 points or 0.47% to settle at 25773.61. The gains for the Nifty 50 index were lower than the Sensexs gains in percentage terms. The Nifty rose 30 points or 0.38% to settle at 7890.75. The market witnessed intraday volatility during the second half of the trading session. After extending gains in mid-afternoon trade the Sensex and the Nifty pared gains later. The volatility on the domestic bourses during the second half of the trading session materialized as European stocks pared gains. On the political front various exit polls predicted a maiden win for the BJP led National Democratic Alliance NDA in assembly election in Assam.The Sensex and the Nifty remained in positive zone throughout the trading session after opening with upward gap. The two benchmark indices edged higher for second day in a row.Shares of oil exploration and production E&P companies rose as Brent crude oil futures hit a near seven month high yesterday 16 May 2016. Shares of public sector oil marketing companies rose after announcing increase in the price of petrol and diesel. Car major Maruti Suzuki India edged higher as the Japanese yen weakened against the dollar. Tata Metaliks surged by the maximum permissible 20% level for the day after Tata Steel said it has decided withdraw the proposal for the merger of Tata Metaliks with the company.In overseas stock markets European stocks pared gains as crude oil prices reversed gains. Brent crude for July 2016 delivery was currently off 0.39% at $48.78 a barrel. The oil price has gained over the last week on the back of continued supply disruptions and bullish analyst forecasts with Brent the global crude benchmark hitting a near seven month high yesterday 16 May 2016. Energy stocks led gains in Asian equities after increase in crude oil prices overnight. US stocks edged higher yesterday 16 May 2016 as a surge in oil prices and a rally in tech stocks overshadowed weaker-than-expected manufacturing data from the New York region. The Empire State general business-conditions index which measures activity in the New York area nosedived to a reading of negative 9 in early May from positive 9.6 in April.The Sensex rose 120.38 points or 0.47% to settle at 25773.61 its highest closing level since 12 May 2016. The index jumped 274.08 points or 1.06% at the days high of  ",
WriteIf(DateNum()== 1160518 , " PRE SESSION:  Market Likely To Open Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 28 points at the opening bell.In overseas markets Asian stocks were trading lower following an overnight decline in US stocks. US stocks dropped yesterday 17 May 2016 after Federal Reserve officials implied that interest rates could be raised as early as June. As per reports Atlanta Fed President Dennis Lockhart and San Francisco Fed President John Williams said the Feds decision on whether to raise rates at the June 14-15 meeting hinges on the data. However June certainly could be a meeting at which action could be taken Lockhart reportedly said. Dallas Fed President Robert Kaplan seen as a hawk said he will push for an interest rate hike in June or July. The officials were attending a lunch sponsored by the news site.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 224.97 crore yesterday 17 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 384.67 crore yesterday 17 May 2016 as per provisional data.State Bank of India SBI announced that it is seeking in principle sanction of the Government of India GoI to enter into negotiation with the subsidiary banks viz. State Bank of Bikaner and Jaipur State Bank of Hyderabad State Bank of Mysore State Bank of Patiala State Bank of Travancore and Bharatiya Mahila Bank to acquire their businesses including assets and liabilities. While the decision is purely exploratory at this stage and there is no certainty in relation to SBI completing the acquisitions the bank as a matter of good corporate governance to ensure complete transparency is intimating this decision SBI said. No decision has been taken at this stage approving one or more of the aforesaid acquisitions and the same will be taken by the banks board upon evaluating all the relevant considerations including pursuant to discussions  \n \n END SESSION: Market Snaps Two-Day Winning Streak \n Concerns about further interest rate increases in the United States triggered small losses on the domestic bourses. The barometer index the S&P BSE Sensex fell 69 points or 0.27% to settle at 25704.61. The Nifty 50 index shed 20.60 points or 0.26% to settle at 7870.15. After registering losses of more than 1% in early afternoon trade the two key benchmark indices staged a strong rebound later with the recovery gathering steam at the fag end of the trading session. The two key benchmark indices snapped a two-day winning streak.The latest data showed that US consumer prices rose in April at their fastest pace in three years. The inflation data along with hawkish comments from US Federal Reserve officials raised expectations that the US central bank will pick up the pace of interest rate increases during the current calendar year. The Federal Open Market Committee FOMC next undertakes monetary policy review on 14-15 June 2016. Investors in emerging markets including India are worried that higher interest rates in the US will drain liquidity from emerging markets and redirect it to developed economies.State Bank of India SBI edged higher in volatile trade after the state-run bank said it is considering merger of five associate banks with itself. Punjab National Bank edged higher as the stock shrugged off a massive net loss of Rs 5367.14 crore that the bank reported for Q4 March 2016. Mahindra & Mahindra M&M edged lower after UK-based vehicle testing agency Global New Car Assessment Programme Global NCAP said that M&Ms Scorpio sports utility vehicle failed its crash test. Maruti Suzuki India edged lower in volatile trade after Global NCAP said that Marutis Celerio and Eeco car models failed its crash test.The Sensex fell 69 points or 0.27% to settle at 25704.61 its lowest closing level since 16 May 2016. The index dropped 270.21 points or 1.04% at the days low of 25503.40. The index fell 26.61 points or 0.1% at the days high of 25747.The Nifty 50 index shed 20.60 points or 0.26% to settle at 7870.15 its lowest closing level since 16 May 2016. The index lost 80 points or 1.01% at the days low of 7810.75. The index fell 8.70 points or 0.11% at the days high of 7882.05.Among sectoral indices on BSE the S&P BSE Oil & Gas index down 0.13% the S&P BSE Capital Goods index up 0.64% the S&P BSE Finance index down 0.12% the S&P BSE Realty index up 2.11% the S&P BSE Bankex down 0.1% the S&P BSE Industrials index down 0.07% th ",
WriteIf(DateNum()== 1160519 , " PRE SESSION:  Market Likely To Open Lower On Negative Asian Stocks \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 32 points at the opening bell. All eyes are on the results of the state Assembly elections which concluded on 16 May 2016.On the political front results of the state assembly elections concluded on 16 May 2016 will be announced today 19 May 2016. Various exit polls on 17 May 2016 had predicted a victory for the Dravida Munnetra Kazhagam DMK-Congress alliance in assembly elections in Tamil Nadu a victory for Communist Party of India-Marxist CPM-led Left Democratic Front government in Kerala assembly elections and a maiden win for the BJP led National Democratic Alliance NDA in Assam assembly elections. The exit polls predicted victory for West Bengal Chief Minister Mamata Banerjee in assembly elections that state. The Congress-DMK alliance looks set to form government in the Union territory of Puducherry the post-poll surveys indicated.In overseas markets Asian markets declined on the possibility of an imminent Fed hike. US stocks finished little-changed yesterday 18 May 2016 following after minutes from the Federal Reserves April 26-27 meeting indicated that most of its members are ready to lift rates as early as June. The Fed will likely raise interest rates in June if economic data points to stronger US second-quarter economic growth along with higher inflation and employment according to minutes from the US central banks April policy meeting released yesterday 18 May 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 250.70 crore yesterday 18 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 239.91 crore yesterday 18 May 2016 as per provisional data.Pharma major Lupin is set to announce its Q4 March 2016 earnings today 19 May 2016.TCS announced five-year partnership with Lidingoloppet the legendary Swedish sports event widely re \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In Almost 2 Weeks \n Fears that the US central bank may resume raising interest rates in the United States as early as next month pulled global stocks lower and Indian markets followed suit. The barometer index the S&P BSE Sensex lost 304.89 points or 1.19% to settle at 25399.72. The losses for the Nifty 50 index were lower than those for the Sensex in percentage terms. The Nifty lost 86.75 points or 1.1% to settle at 7783.40. After hovering in negative almost throughout the trading session the Sensex and the Nifty extended losses in late trade. The two key benchmark indices dropped for the second day in a row. All the nineteen sectoral indices on BSE registered losses. The Sensex and the Nifty both hit their lowest closing level in almost two weeks.World stocks edged lower after minutes from the US Federal Reserves April policy meeting signalled the US central bank could raise rates as soon as next month if data supported the case that the American economy is getting stronger. The Federal Open Market Committee FOMC next undertakes monetary policy review on 14-15 June 2016. Investors in emerging markets including India are worried that higher interest rates in the US will drain liquidity from emerging markets and redirect it to developed economies. The US central bank had lifted rates in December 2015 for the first time in nearly a decade.Stocks of public sector banks oil exploration and production companies telecom firms metal and mining companies and index heavyweights ITC and HDFC led losses for the Sensex and the Nifty. Stocks of exploration and production companies declined as global crude oil prices dropped. Stocks of public sector oil marketing companies PSU OMCs rose as crude oil prices fell. Metal and mining stocks dropped as copper prices fell in global commodity markets.Adani Ports and Special Economic Zone APSEZ tumbled after global credit rating firm Moodys Investors Service lowered outlook on the companys Baa3 issuer and senior unsecured rating to negative from stable. Castrol India edged lower after its UK-based parent Castrol Limited UK sold 11.5% stake in the company via open market transactions. Parag Milk Foods made a modest debut on the bourses.In overseas stock markets Asian and European stocks edged lower after minutes from the US Federal Reserves April policy meeting signalled the US central bank could raise rates as soon as next month if data supported the case that the American economy is getting stronger. US stocks finished littl ",
WriteIf(DateNum()== 1160520 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 20 May 2016.Market regulator Securities and Exchange Board of India Sebi in its board meeting held yesterday 19 May 2016 announced tightening the eligibility and investment norms for Offshore Derivative Instruments ODI issuers and subscribers for the past few years. In order to bring about an uniformity in the know-your client KYC/ anti- money laundering AML norms it has been decided that Indian KYC/AML norms will now be applicable to all ODI issuers Sebi said. The KYC/AML norms applicable to ODI issuers will be the same as that for all other domestic investors it added. In order to tighten the ODI regime and have more control over issuance and transfer of ODIs it has been decided that the ODI subscribers will have to seek prior permission of the original ODI issuer for further/onward issuance/transfer of ODIs Sebi said. The Sebi board decided that in the monthly reports on ODIs all the intermediate transfers during the month would be required to be reported. The KYC review shall be done on the basis of the risk criteria as determined by the ODI issuers as at the time of on-boarding and once every three years for low risk clients and at the time of on-boarding and every year for all other clients Sebi said.In overseas markets Asian markets were trading on a mixed note. US stocks ended lower yesterday 19 May 2016 on mounting fears that the Federal Reserves next interest-rate hike could come as early as June. Ratings agency Moodys yesterday 19 May 2016 cut its 2016 forecast for US economic growth to 2% down from 2.3%. Different Fed officials offered further hawkish commentary yesterday 19 May 2016 which momentarily amplified the markets rate-hike worries. New York Fed President William Dudley said an interest-rate increase in June or July is possible if fresh data confirm his optimistic forecast of economic growth. Richmond \n \n END SESSION: Sensex Nifty Hit 2-Week Closing Low \n Concerns about future foreign equity inflows triggered by tougher norms from the Securities and Exchange Board of India Sebi on offshore derivative instruments ODIs or participatory notes P-notes pulled Indian stocks lower. The barometer index the S&P BSE Sensex fell 97.82 points or 0.39% to settle at 25301.90. The Nifty 50 index fell 33.70 points or 0.43% to settle at 7749.70. The two key benchmark indices trimmed losses after extending intraday slide in late trade. Except the BSE FMCG index all the other sectoral indices on BSE registered losses. With third straight day of decline the Sensex and the Nifty both hit two-week closing low.The broad market depicted weakness. There were almost two losers against every gainer on BSE. 1688 shares declined and 879 shares rose. A total of 180 shares were unchanged. The BSE Mid-Cap index fell 0.49%. The BSE Small-Cap index fell 0.83%. The fall in both these indices was higher than the Sensexs decline in percentage terms.Stock market regulator Sebi after trading hours yesterday 19 May 2016 announced tightening the regulations for issuers and subscribers of offshore derivative instruments ODIs or participatory notes P-notes with a view to enhance the transparency and control over the issuance of ODIs. In order to bring about uniformity in the know-your client KYC and anti-money laundering AML norms it has been decided that Indian KYC/AML norms will now be applicable to all ODI issuers. The KYC/AML norms applicable to ODI issuers will be the same as that for all other domestic investors.Sebi also said that ODI issuers would have to identify and verify the beneficial owners in the subscriber entities who hold in excess of the threshold that is 25% in case of a company and 15% in case of partnership firms/trusts/unincorporated bodies. The ODI issuers will have to identify and verify the persons who control the operations of these entities Sebi said in a press release issued yesterday 19 May 2016 after the conclusion of a meeting of the Sebi board in Mumbai. P-notes are derivative instruments issued by registered foreign portfolio investors FPIs to overseas investors to enable them to trade in Indian stocks without having to register with Sebi.Henceforth the ODI subscribers will have to seek prior permission of the original ODI issuer for transfer of ODIs. As per prevailing regulations ODI subscribers are not required to take prior permission of the ODI issuer for transfer of ODIs to an ",
WriteIf(DateNum()== 1160523 , " PRE SESSION:  Market May Edge Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 22.50 points at the opening bell.In overseas market Asia markets were mixed today 23 May 2016 with the Japanese benchmark index falling as markets adjust to a slew of recent comments from the US Federal Reserve about a possible interest rate hike in June. Japans Nikkei 225 was down 1.18%. A two-day meeting of G7 finance ministers and central bank governors was scheduled on 20 and 21 May 2016 in Japan. The United States issued a fresh warning to Japan against intervening in currency markets on Saturday 21 May 2016 as the two countries differences over foreign exchange overshadowed a Group of 7 finance leaders gathering in the Asian nation. Japan and the United States are at logger-heads over currency policy with Washington saying Tokyo has no justification to intervene in the market to stem yen gains given the currencys moves remain orderly. The G7 meeting is the meeting of the finance ministers from the group of seven nations viz. United States Japan Germany France United Kingdom Italy and Canada.US stocks finished the trading week in positive zone as the equity markets reclaimed some of the recent losses that commenced on the heels of the release of the minutes from the Feds April monetary policy meeting. In US Philadelphia Fed President Patrick Harker will speak to the Philadelphia Council for Business Economics followed by the press meet in Philadelphia on Monday 23 May 2016. St. Louis Federal Reserve Bank President James Bullard will address a speech on the economy and monetary policy in Beijing followed by the press meet on Monday 23 May 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 743.86 crore on Friday 20 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 597.49 crore on Friday 20 May 2016 as per provisional data.Among \n \n END SESSION: Market Drops For Fourth Day In A Row \n Stocks of public sector banks and index heavyweights HDFC and Infosys led losses for the two key benchmark indices. The barometer index the S&P BSE Sensex fell 71.54 points or 0.28% to settle at 25230.36. The Nifty 50 index fell 18.65 points or 0.24% to settle at 7731.05. High volatility was witnessed during the second half of the trading session. After extending gains in mid-afternoon trade after a sudden surge the two key benchmark indices slipped into the red later. Volatility in European stocks triggered volatility on the domestic bourses. European stocks edged lower in volatile trade after the latest data showed slowdown in economic activity in the eurozone in this month.With losses for the fourth straight trading session the Nifty hit its lowest closing level in almost three weeks. The Sensex hit its lowest closing level in more than two weeks.Shares of pharma major Lupin extended previous sessions steep losses triggered by concerns surrounding its Goa facility as it has yet to resolve concerns raised by US Food and Drug Administrators USFDA observations on the manufacturing unit. Index heavyweight and cigarette major ITC extended previous trading sessions gains triggered by the company announcing a 1:2 bonus share issue at the fag end of the trading session at the time of the announcement of its Q4 March 2016 results. Multi Commodity Exchange of India MCX surged after the Reserve Bank of India RBI after trading hours on Friday 20 May 2016 announced the removal of the restrictions placed on purchase of the companys shares by foreign institutional investors FIIs with immediate effect.Bharat Heavy Electricals Bhel edged lower and Power Grid Corporation of India edged higher after the Bombay Stock Exchange BSE announced changes in the constituents of its indices as part a semi-annual reconstitution of the indices. National Aluminium Company Nalco egged higher after the company said that a meeting of the board of directors of the company will be held on 25 May 2016 to consider the proposal for buyback of equity shares of the company.The Sensex fell 71.54 points or 0.28% to settle at 25230.36 its lowest closing level since 6 May 2016. The Sensex fell 94.12 points or 0.37% at the days low of 25207.78. The barometer index jumped 217.36 points or 0.86% at the days high of 25519.26.The Nifty fell 18.65 points or 0.24% to settle at 7731.05 its lowest closing level since 4 May 2016. The Nifty fell 27.50 points or 0.35% at th ",
WriteIf(DateNum()== 1160524 , " PRE SESSION:  Market May Open Flat To Slightly Lower \n  Key indices may open flat to slightly lower tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 4.50 points at the opening bell.In overseas market Asian stocks dropped today 24 May 2016 as speculation mounted that the Federal Reserve will raise interest rates as early as next month. US stocks finished lower yesterday 23 May 2016 giving up early gains as the prospect that interest rates might rise as soon as next month weighed on utilities shares. Philadelphia Fed President Patrick Harker said yesterday 23 May 2016 that a hike in June is appropriate unless data weakens while St. Louis Fed President James Bullard said holding rates too low for too long could cause financial instability.Investors in emerging markets including India are worried that higher interest rates in the US will drain liquidity from emerging markets and redirect it to developed economies.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 65.60 crore yesterday 23 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 167.77 crore yesterday 23 May 2016 as per provisional data.Among corporate news Tata Power Companys Tata Power consolidated net profit rose 126% to Rs 360 crore on 17% growth in revenue to Rs 9626 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 23 May 2016.Tata Power said that the company aims to increase the share of non-fossil fuel based power generation output to 30-40% by 2025 up from its earlier target of 20%.Cipla and Tech Mahindra will announce Q4 results today 24 May 2016.Stocks of public sector banks and index heavyweights HDFC and Infosys led losses for the two key benchmark indices yesterday 23 May 2016. The Sensex fell 71.54 points or 0.28% to settle at 25230.36 its lowest closing level since 6 May 2016.Other StoriesMa \n \n END SESSION: Benchmark Indices Eke Out Small Gains \n An upward revision in monsoon forecast for the June-September 2016 south west monsoon season from private weather forecaster Skymet and gains in European stocks aided the upmove on the domestic bourses with the barometer index the S&P BSE Sensex and the Nifty 50 index snapping a four-day losing streak. The Sensex gained 75.11 points or 0.3% to settle at 25305.47. The Nifty rose 17.80 points or 0.23% to settle at 7748.85. Skymet revised higher forecast for the 2016 southwest monsoon to 109% of the long period average LPA from 105% of the LPA predicted earlier. The announcement from Skymet hit the market towards the close of the trading session.Shares of public sector oil marketing companies PSU OMCs declined on concerns surrounding a weak rupee. Novartis India surged a staggering 17% after the company said that its board of directors will consider a proposal for buyback of the companys equity shares along with the Q4 March 2016 result on 26 May 2016. Tata Power Company edged higher after the company announced strong Q4 results. Airline stocks declined as a weak rupee heightened concerns about its impact on operating costs. VRL Logistics tanked 20% after the company said its promoters may dilute a portion of their stake in the company to fund their proposed airline venture.Private weather forecaster Skymet said that conditions are favorable for the timely onset of the southwest monsoon in Kerala. This is in contrast with state-run weather office the India Meteorological Department IMD predicting a delay of 6 days for the onset of the monsoon rains in Kerala this year from the normal onset date which is 1 June. The IMD also last month forecast good rains during the 2016 southwest monsoon season.Skymet has cut its forecast of the quantum of rains in June 2016 to 87% of LPA from its earlier prediction of 90% of LPA. It has raised its forecast of the quantum of rains in July 2016 to 108% of LPA from earlier 105%. For August 2016 Skymet has raised its forecast to 113% of LPA from earlier 108%. For September 2016 Skymet has raised its forecast to 123% of LPA from earlier 115%.Skymet expects the second half of the southwest monsoon season to be better than the first half. It also expects that the spell of good rainfall activities will spill over to October this year. Skymet expects good amount of rainfall in Central India and the West coast excess rainfall in some pockets of Maharashtra and Madhya Pradesh less rainfall in some pockets of Bihar and ",
WriteIf(DateNum()== 1160525 , " PRE SESSION:  Market May Edge Higher On Strong Global Cues \n  Market is seen opening higher tracking strong leads from Asian markets and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 70.29 points at the opening bell.In overseas markets Asia markets spurted today 25 May 2016 after encouraging reports on the housing market saw gains in US stocks. US new home sales data out yesterday 24 May 2016 showed a jump in April to their strongest monthly pace in more than eight years with prices setting record highs.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 815.53 crore yesterday 24 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 989.95 crore yesterday 24 May 2016 as per provisional data.Among corporate news Tech Mahindras consolidated net profit rose 18.15% to Rs 897 crore on 2.72% rise in revenue from services to Rs 6883.70 crore in Q4 March 2016 over Q3 December 2015. Earnings before interest taxation depreciation and amortization EBITDA rose 2.2% to Rs 1161.30 crore in Q4 March 2016 over Q3 December 2015. The EBITDA margin dropped to 16.87% in Q4 March 2016 from 16.95% in Q3 December 2015. The result was announced after market hours yesterday 24 May 2016. Meanwhile the company has dropped its plan to set up a payments bank. The company had received in-principle approval from the Reserve Bank of India in August 2015 for setting up a payments bank.Axis Bank said that the bank has incorporated a company A.Treds which is registered with the Ministry of Corporate Affairs Registrar of Companies Mumbai on 23 May 2016. A.Treds is incorporated as a subsidiary company of the bank Axis Bank. A.Treds will be engaged in undertaking the business of setting up and operating a trade receivables discounting system as per the in-principal approval received from the Reserve Bank of India. The announcement was made after  \n \n END SESSION: Sensex Nifty Attain 4-Week Closing High On Strong Global Cues \n Banking auto IT sector stocks and index heavyweights HDFC and ITC led the rally on the domestic bourses triggered by gains in global stocks. The barometer index the S&P BSE Sensex jumped 575.70 points or 2.28% to settle at 25881.17. The gains for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty jumped 186.05 points or 2.4% to settle at 7934.90. The two key benchmark indices extended gains in late trade after hovering in positive zone throughout the trading session after opening with upward gap. The Sensex and the Nifty both hit four-week closing high. All the 19 sectoral indices on BSE registered gains. World stocks rose after strong US housing data for April 2016.The rally on the domestic bourses was further aided by a foreign brokerage upgrading the Indian equity market to overweight from equalweight. According to media reports the brokerage has cited attractive valuations of Indian stocks compared with other emerging markets the countrys strong macroeconomic fundamentals a recovery in earnings growth prospects for the passage of the goods and services tax GST bill in the Rajya Sabha expectation of good monsoon this year and likely further easing of interest rates by the Reserve Bank of India RBI as reasons for upgrading Indias rating.Stocks of oil exploration and production firms edged higher on rise in crude oil prices. Metal shares edged higher as copper prices rose in global commodities markets. Tech Mahindra surged on reports that a domestic brokerage has raised its price target while retaining its accumulate rating on the stock after the announcement of the companys Q4 March 2016 results. Cipla dropped after announcement of dismal Q4 March 2016 results.Shares of two-wheeler maker Bajaj Auto surged after the companys strong Q4 March 2016 results. Bharat Heavy Electricals Bhel edged higher after the companys announcement that it has successfully commissioned the first 800 megawatts MW supercritical thermal unit in Karnataka which is also the highest rating unit in the state.In overseas stock markets European stocks edged higher as eurozone finance ministers and the International Monetary Fund IMF reached a deal to unlock more bailout funds for debt-burdened Greece. Greeces Athens General-Composite index was currently up 0.71%. The new payouts will save Greece from defaulting on big debt redemptions to the IMF and European Central Bank in July. Eurozone finance ministers also ag ",
WriteIf(DateNum()== 1160526 , " PRE SESSION:  Market May Extend Gains \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 38.20 points at the opening bell.The market may remain volatile as traders roll over positions in the futures & options F&O segment from the May 2016 series to June 2016 series. The May 2016 derivatives contracts expires today 26 May 2016.In overseas markets most Asian stocks edged lower. US stocks rose sharply for a second straight session yesterday 25 May 2016 with the S&P 500 posting its highest close in nearly a month. The energy sector led the rally yesterday after oil prices rose toward $50 a barrel. That followed a report of a larger-than-expected drop in US crude inventories adding to expectations that a steep selloff in the commodity may be over.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 495.08 crore yesterday 25 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 337.22 crore yesterday 25 May 2016 as per provisional data.Among corporate news engineering and construction major L&T after market hours yesterday 25 May 2016 reported 18.55% rise in consolidated net profit to Rs 2453.64 crore on 17.88% rise in total income to Rs 33375.26 crore in Q4 March 2016 over Q4 March 2015. The order inflow during Q4 March 2016 was Rs 43334 crore of which one third constituted international orders L&T said. The order intake of L&Ts infrastructure division rose just 3% at Rs 29103 crore in Q4 March 2016 over Q4 March 2015. The order intake of its hydrocarbon divsion rose sharply to Rs 4963 crore in Q4 March 2016 from Rs 699 crore in Q4 March 2015. L&Ts order book stood at Rs 249949 crore as at 31 March 2016 higher by 7% on year-on-year basis. International order book constituted 28% of the total order book.The companys consolidated net profit rose 6.83% to to Rs 5090.53 crore on 11.53% rise in total income to Rs 103814.72 crore in the year e \n \n END SESSION: Benchmark Indices Settle Above Key Levels \n Prime Minister Narendra Modis comments in an interview to a foreign newspaper indicating that further economic reforms are on the cards triggered the latest rally on the domestic bourses. The barometer index the S&P BSE Sensex surged 485.51 points or 1.88% to settle at 26366.68. The gains for the Sensex were higher in percentage terms than those for the Nifty 50 index. The Nifty surged 134.75 points or 1.7% to settle at 8069.65. The Nifty moved past the the psychologically important 8000 level and the Sensex surpassed the psychologically important 26000 mark. The Nifty hit a 30-week closing high. The Sensex attained its highest closing level in more than 29 weeks.Modi said he had opened up more of the economy to foreign investment and made changes to curb corruption fill gaps in rural infrastructure and make it easier to do business. He also said that he has an enormous task ahead. The Prime Minister said that he expects the goods and services tax GST bill to pass this year. The BJP led National Democratic Alliance NDA government completed two years in office today 26 May 2016. The prime minister said that he would look to state governments to further liberalize the countrys rigid labour laws.Strong Q4 March 2016 results from engineering and construction major L&T and the companys guidance of a 15% growth in order inflow during the current financial year also aided the latest rally on the bourses. L&T shares surged 13.85% after the company announced the results and the order inflow guidance after trading hours yesterday 25 May 2016.The Sensex and the Nifty extended gains during the second half of the trading session after hovering in positive zone throughout the trading session after opening with upward gap.Capital goods stocks edged higher after the Union Cabinet approved the National Capital Goods policy to support and boost development of this crucial sector. Bank stocks edged higher after global credit rating agency Moodys Investors Service said in a report that the new bankruptcy code will address several key inefficiencies in the current legal framework for asset resolution in India and is credit positive for Indian banks. Yes Bank edged higher after the Cabinet Committee on Economic Affairs cleared the banks proposal for increase in foreign investment limit in the banks equity capital to 74% from 41.87% without any sub-limits.In overseas stock markets Asian and European stocks edged higher as gains in crude oil prices boosted inv ",
WriteIf(DateNum()== 1160527 , " PRE SESSION:  Market May Continue Trending Upward \n  Market is seen opening higher tracking positive leads from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 24.25 points at the opening bell.In the overseas market most Asian equities shrugged off a lackluster session in the US rising for a third day amid speculation that weakness in Japans economy will cause a planned sales-tax increase to be delayed. The yen held gains against the dollar after data showing a second month of consumer-price declines ramped up pressure on the Bank of Japan. US equities took a breather yesterday 26 May 2016 following their steepest two-day advance since March with investors looking to economic reports and crude prices for clues as to whether the world can withstand higher interest rates from the Fed. Latest data showed that US jobless claims fell for a second week pending home sales rose the most since 2010 and orders for business equipment unexpectedly declined for a third month.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 581.29 crore yesterday 26 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 685.37 crore yesterday 26 May 2016 as per provisional data.Among corporate news Bharat Heavy Electricals Bhel and State Bank of India SBI will announce Q4 results today 27 May 2016.BPCLs net profit fell 10.64% to Rs 2549.08 crore on 13.55% decline in total income to Rs 44891.65 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 26 May 2016. The average gross refining margin GRM for Q4 March 2016 fell to $6.30 per barrel from $ 7.85 per barrel in Q4 March 2015. BPCL said that the board of directors recommended issue 1:1 bonus issue. The company has fixed 11 July 2016 as the record date for the bonus issue.NTPC said that it has decided to raise Rs 1072.50 crore through private placement of secu \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In Nearly 7 Months \n Stocks of public sector banks pharma companies crude oil refiners and index heavyweights Infosys and HDFC led the latest upmove on the bourses. The barometer index the S&P BSE Sensex rose 286.92 points or 1.09% to settle at 26653.60. The Nifty 50 index rose 87 points or 1.08% to settle at 8156.65. Gains in Asian and European stocks aided the upmove on the domestic bourses. Asian and European stocks edged higher after better-than-expected US economic reports overnight. The US economy is the worlds biggest economy. With fourth straight trading session of gains the Sensex and the Nifty both attained their highest closing level in nearly seven months.Sun Pharmaceutical Industries surged after the companys US subsidiary Taro Pharmaceutical Industries posted strong financial performance for the year ended 31 March 2016. The State Bank of India stock surged shrugging off weak financial performance for Q4 March 2016. BPCL jumped 9.12% after the companys board of directors recommended issue of 1:1 bonus shares at the time of announcement of its Q4 March 2016 results after trading hours yesterday 26 May 2016.Index heavyweight Reliance Industries RIL edged higher on reports that the company is preparing to restart work in four offshore oil and gas blocks including one of Indias biggest natural gas discoveries as it seeks to revive development activity stalled for seven years by disputes with the government.In overseas stock markets Asian and European stocks edged higher after better-than-expected US economic reports overnight. The US economy is the worlds biggest economy. US equities took a breather yesterday 26 May 2016 following their steepest two-day advance since March as investors parsed a slew of economic reports. The latest data showed US durable goods orders housing and initial jobless claims data coming in strong while capital goods orders and the Kansas City Fed manufacturing survey were weak.The Sensex rose 286.92 points or 1.09% to settle at 26653.60 its highest closing level since 30 October 2015. The index jumped 310.75 points or 1.18% at the days high of 26677.43. The index rose 38.60 points or 0.15% at the days low of 26405.28.The Nifty 50 index rose 87 points or 1.08% to settle at 8156.65 its highest closing level since 28 October 2015. The index rose 94.55 points or 1.17% at the days high of 8164.20. The index rose 7.40 points or 0.09% at the days low of 8077.05.The BSE Mid-Cap index rose 1.39% outperforming ",
WriteIf(DateNum()== 1160530 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Market is seen opening higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 44.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. US stocks closed higher on Friday 27 May 2016 after Federal Reserve Chair Janet Yellen said an interest rate hike in the next few months would probably be appropriate. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015. The Federal Open Market Committee next undertakes monetary policy review on 14-15 June 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 479.89 crore on Friday 27 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 69.34 crore on Friday 27 May 2016 as per provisional data.Among key corporate earnings Tata Motors Mahindra & Mahindra Sun Pharmaceutical Industries Aurobindo Pharma and NTPC are scheduled to announce Q4 March 2016 results today 30 May 2016.Coal Indias consolidated net profit rose 0.22% to Rs 4247.93 crore on 0.72% decline in total income to Rs 22898.79 crore in Q4 March 2016 over Q4 March 2015. The result was announced on Saturday 28 May 2016.Coal Indias board of directors at its meeting held on 28 May 2016 approved about 6.29% increase in coal prices over the current prices with effect from 30 May 2016. This will be applicable to all subsidiaries of Coal India and NEC for regulated and non-regulated sectors. Due to this revision Coal India will earn additional revenue of about Rs 3234 crore for the balance period of current financial year i.e. from 30 May 2016 to 31 March 2017. The board has also approved the differential price for non-regulated sector at a reduced rate of 20% over the price of regulated sector for G6 to G17 grades of coal for all subsidiaries of Coal India.Tata Steel will be in focus after \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In More Than 7 Months \n Amid a divergent trend among various index constituents the two key benchmark indices registered small gains. The barometer index the S&P BSE Sensex rose 72 points or 0.27% to settle at 26725.60. The Nifty 50 index rose 21.85 points or 0.27% to settle at 8178.50. With fifth straight trading session of gains the Sensex and the Nifty both attained their highest closing levels in more than 7 months.Hindalco Industries surged 12.03% after the company announced strong Q4 March 2016 results. Shares of state-run coal mining giant Coal India moved higher after announcing increase in coal prices. Tata Motors edged higher ahead of the announcement of its Q4 March 2016 results. Maruti Suzuki India MSIL edged lower after the company announced temporary suspension of manufacturing of cars from its Manesar and Gurgaon facilities due to fire accident at the Manesar facilities of its supplier Subros.Bharat Heavy Electricals dropped after reporting dismal Q4 March 2016 results. But the NTPC stock shrugged off weak financial performance for Q4 March 2016. Tech Mahindra edged higher after the companys announcement that it has entered into an agreement to acquire UK based Target Group for an enterprise value of GBP 112 million.State Bank of India SBI extended gains registered during the previous trading session after the banks Chairman Arundhati Bhattacharya said in a post-result conference call held on Friday 27 May 2016 that bank proposes to contain fresh slippages ratio within 2.7% of advances in the year ending 31 March 2017 FY 2017.The Sensex rose 72 points or 0.27% to settle at 26725.60 its highest closing level since 29 October 2015. The index rose 141.36 points or 0.53% at the days high of 26794.96. The barometer index fell 30.27 points or 0.11% at the days low of 26623.33.The Nifty 50 index rose 21.85 points or 0.27% to settle at 8178.50 its highest closing level since 27 October 2015. The index rose 43.35 points or 0.53% at the days high of 8200. The index fell 5.85 points or 0.07% at the days low of 8150.80.The BSE Mid-Cap index rose 0.35%. The BSE Small-Cap index rose 0.42%. Both these indices outperformed the Sensex.The market breadth indicating the overall health of the market was negative. On BSE 1239 shares rose and 1372 shares fell. A total of 190 shares were unchanged.The total turnover on BSE amounted to Rs 2563 crore lower than turnover of Rs 3371.35 crore registered during the previous trading session.Among the sectoral  ",
WriteIf(DateNum()== 1160531 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Market is seen opening higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 20 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. US stock market was closed yesterday 30 May 2016 for the Memorial Day holiday.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 355.54 crore yesterday 30 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 211.09 crore yesterday 30 May 2016 as per provisional data.Among corporate news Tata Motors consolidated net profit rose 201.6% to Rs 5177.06 crore on 18.97% growth in total income to Rs 80933.04 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 30 May 2016.Sun Pharmaceutical Industries Sun Pharma consolidated net profit rose 92.71% to Rs 1713.69 crore on 16.82% growth in total income to Rs 7599.21 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 30 May 2016.Aurobindo Pharmas consolidated net profit rose 39.38% to Rs 562.85 crore on 18.88% growth in total income to Rs 3767.34 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday 30 May 2016.HDFC announced that it intends to raise Rs 760 crore through private placement of senior secured redeemable non-convertible debentures. HDFC said that the debentures has issue price of Rs 1 crore each and carry coupon rate of 8.44% per annum with a tenor of 10 years. The issue opens and closes on the same day on 1 June 2016. The object of the issue is to augment the long-term resources of the company. The proceeds of the present issue would be utilized for financing/refinancing the housing finance requirements of the company. The redemption date of the issue is 1 June 2026. The announcement was made after trading hours yesterday 30 May 2016.Amid a \n \n END SESSION: Market Snaps 5-Day Winning Streak \n Losses of index heavyweights ITC Infosys Reliance Industries outweighed gains for stocks of public sector banks and index heavyweight HDFC with the two key benchmark indices registering small losses. The barometer index the S&P BSE Sensex fell 57.64 points or 0.22% to settle at 26667.96. The Nifty fell 18.40 points or 0.22% to settle at 8160.10.Tata Motors surged after reporting strong Q4 March 2016 results. Hindalco Industries edged higher with the stock extending sharp gains registered during the previous trading session triggered by the companys Q4 March 2016 results. Reliance Communications dropped after reporting weak Q4 March 2016 results.Sun Pharmaceutical Industries dropped after the companys Managing Director Dilip Shanghvi reportedly said at a post-result conference call that there would be a short-term adverse impact on the companys profitability as it focuses on building specialty business in the US. Aurobindo Pharma surged after reporting strong Q4 March 2016 results.In overseas stock markets car makers led losses for European stocks after German car maker Volkswagen reported a higher-than-expected decline in net profit for Q1 March 2016. In Asia Chinese stocks edged higher on speculation that MSCI Inc. the global index provider will soon add mainland-traded Chinese stocks so-called A-shares in its Emerging Markets Index. In mainland China the Shanghai Composite index settled 3.34% higher. In Hong Kong the Hang Seng index settled 0.9% higher. MSCIs inclusion of A-shares into the index will channel billions in passive asset-management money into China. On 27 May 2016 the Shanghai and Shenzhen stock exchanges announced rules on share trading suspensions removing one potential roadblock for inclusion of Chinese A shares or yuan-denominated shares in MSCI Inc.s global benchmark indexes. MSCI said in March a decision to include 5 percent of yuan-denominated shares in its index will depend on regulators implementing changes so that widespread halts cant happen again. MSCI will reportedly take a call in mid-June 2016 whether to add Chinese shares to its global benchmark indexes.Japanese shares edged higher after the latest data showed industrial output in April rose for the second month. The Nikkei 225 Average closed 0.98% higher.The Sensex fell 57.64 points or 0.22% to settle at 26667.96 its lowest closing level since 27 May 2016. The index lost 164.02 points or 0.61% at the days low of 26561.58. The index rose 111.60 poin ",
WriteIf(DateNum()== 1160601 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Market is seen opening higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 19 points at the opening bell.In overseas stock markets Asian stocks were trading mixed. US stocks closed mixed yesterday 31 May 2016 as investors eyed economic reports for indications on the timing of the next rate hike. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015. The Federal Open Market Committee next undertakes monetary policy review on 14-15 June 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 114.52 crore yesterday 31 May 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 60.28 crore yesterday 31 May 2016 as per provisional data.Among corporate news Shares of public sector oil marketing companies PSU OMCs will be in focus after announcing a hike in petrol and diesel prices. Indian Oil Corporation IOCL yesterday 31 May 2016 announced an increase in the price of petrol and diesel with effect from the midnight of 31 May 2016. Petrol price was hiked by Rs 2.58 per litre and diesel price was raised by Rs 2.26 a litre at Delhi including state levies with corresponding price revision in other states. After the latest revision petrol in Delhi costs Rs 65.60 per litre and diesel costs Rs 53.93 a litre.Maruti Suzuki India MSIL announced after market hours yesterday 31 May 2016 that it will resume manufacture of vehicles at its Gurgaon facilities from second half of 1 June 2016. Certain operations in the Manesar campus including casting and manufacture of transmissions will also resume in the second half on 1 June 2016 MSIL said. Subros and MSIL are jointly working on options to obtain supply of components from other facilities and gradually bring operations back to normal MSIL said. The company had to suspend operations at \n \n END SESSION: Benchmark Indices Eke Out Small Gains \n Amid a divergent trend among various index constituents the two key benchmark indices registered small gains. The barometer index the S&P BSE Sensex rose 45.97 points or 0.17% to settle at 26713.93. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 19.85 points or 0.24% to settle at 8179.95. The Sensex and the Nifty hovered in positive zone throughout the trading session after opening with a positive gap. With small gains at close the Nifty attained its highest closing level in more than 7 months.The small upmove for the two key benchmark indices materialized after data showing acceleration in growth in Indias gross domestic product in Q4 March 2016 a sharp pick up in growth in core sector in April 2016 and fiscal deficit meeting the target for fiscal year 2015-16 aided the upmove on the bourses.Growth in Indias gross domestic product accelerated to 7.9% in Q4 March 2016 compared with a revised reading of a growth of 7.2% in Q3 December 2015. For the fiscal year 2015-16 GDP grew 7.6% which was higher than 7.2% growth recorded in 2014-15. The government released the GDP data after market hours yesterday 31 May 2016. Another data released by the government after market hours yesterday 31 May 2016 showed the output of eight core infrastructure industries carrying 38% of the weight in the Index of Industrial Production IIP increased at 18-months high pace of 8.5% in April 2016.Meanwhile the finance ministry said that as per the provisional accounts for 2015-16 the fiscal deficit in 2015-16 stands at 3.9% of GDP meeting the target set by the government. This is a significant improvement over the fiscal deficit of 4.1% in 2014-15 and 4.7% in 2013-14. Revenue deficit has also shown significant improvement due to a sharp increase in capital expenditure of the central government. Revenue deficit improved to 2.5% of GDP in 2015-16 from 2.9% in 2014-15. There was also an increase in the Plan Expenditure in 2015-16 despite substantial increase in share of tax devolution to the States.Meanwhile the outcome of a monthly survey showed slight expansion in growth in Indias manufacturing sector in May 2016. The seasonally adjusted Nikkei India Manufacturing Purchasing Managers Index PMI edged higher to 50.7 in May from 50.5 in April. The rate of growth in output as well as new orders was well below trend. New export orders fell for the first time in 32 months. Sub-sector data highlighted interm ",
WriteIf(DateNum()== 1160602 , " PRE SESSION:  Market May Open Lower \n  Market may edge lower in early trade. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 24 points at the opening bell.In overseas stock markets Asian stocks were mixed. Japanese stocks declined as yen strengthened against the dollar. The Nikkei 225 Average was currently off 2.29%. A strong yen makes Japanese exports less competitive and cuts into the value of repatriated earnings. US stocks registered small gains yesterday 1 June 2016 helped by an intraday recovery in oil prices and better-than-expected manufacturing data.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 259.90 crore yesterday 1 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 160.49 crore yesterday 1 June 2016 as per provisional data.Among corporate news Reliance Industries RIL announced at the fag end of the trading session yesterday 1 June 2016 that its wholly-owned subsidiary Reliance Industrial Investments and Holdings is investing $16 million in compulsorily convertible preferred shares of a technology start-up viz. NetraDyne Inc. USA. The US-based entity is involved in high-end technology driven product development of deep learning solutions and vision based analytics targeted at industries such as fleet management automotive security and surveillance. The entity is currently in advanced stages of product development. It is yet to commence commercial operations RIL said in a statement. NetraDyne Incs line of business has potential synergies with telecom and digital business initiatives of RIL apart from commercialization benefits in India RIL added.RIL further said that 50% of the investment in NetraDyne has been done on 31 May 2016. The balance 50% investment is likely to be completed by 31 March 2017. Upon conversion of the investment Reliance Industrial Investments and Holdings will get about 15 million equi \n \n END SESSION: Market Hits Over 7-Month High \n Recovery during the latter part of the trading session helped the two key benchmark indices clock modest gains. The barometer index the S&P BSE Sensex rose 129.21 points or 0.48% to settle at 26843.14. The Nifty 50 index rose 39 points or 0.48% to settle at 8218.95. A strong rebound for key benchmark indices during the latter part of the trading session materialized after media reports said India Meteorological Department IMD expects the onset of the monsoon at the Kerala coast in the next 4-5 days. The two key benchmark indices extended gains in late trade. The Sensex and the Nifty both hit their highest closing level in more than 7 months.The arrival of the rains at the Kerala coast marks the onset of the June-September southwest monsoon season in India. The IMD on 15 May 2016 predicted a delay of 6 days for the onset of the monsoon rains in Kerala this year from the normal onset date which is 1 June. In its second stage forecast the IMD today 2 June 2016 said that rainfall over the country as a whole for the 2016 southwest monsoon season June to September is most likely to be above normal. Quantitatively monsoon season rainfall for the country as a whole is likely to be 106% of the long period average LPA with a model error of plus/minus 4%. In its first stage forecast issued on 12 April 2016 the IMD had forecast rainfall to be 106% of the LPA with a model error of plus/minus 5%. The IMD announced the second stage forecast after trading hours.In its region wise forecast the IMD said that the rainfall is likely to be 108% of LPA in North-West India 113% of LPA in Central India 113% of LPA in South Peninsula and 94% of LPA in North-East India all with a model error of plus/minus 8%. The rainfall over the country as whole is likely to be 107% of its LPA during July 2016 and 104% of LPA during August 2016 both with a model error of plus/minus 9%.The quantum of the rainfall and its spatial and temporal distribution are critical for the countrys agriculture.The IMD said that the rapidly declining El Nino conditions became weak in early May 2016 and now have turned to neutral ENSO conditions. Recent changes in the atmospheric conditions over the Pacific also reflect the weakening El Nino conditions. Latest forecast from IMD-IITM coupled model indicates about 50% probability of La Nina conditions to establish during the monsoon season. Most of the other models also suggest development of La Nina conditions during the latter part of the mon ",
WriteIf(DateNum()== 1160603 , " PRE SESSION:  Market May Edge Higher In Early Trade On Positive Global Cues \n  Market is seen opening higher on positive Asian stocks and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 32 points at the opening bell.In overseas stock markets Asian stocks were mostly higher today 3 June 2016 as markets awaited key US jobs data which will offer a key indicator of whether the Federal Reserve will pull the trigger on interest rate hike in June. In mainland China the Shanghai Composite index was currently down 0.16%. In Hong Kong the Hang Seng index was currently up 0.37%. Latest data showed that China Caixins services Purchasing Managers Index PMI eased to a three-month low of 51.2 from 51.8 in April. US stocks registered small gains yesterday 2 June 2016 led by health care stocks ahead of the highly anticipated employment report due later in the global day.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 521.85 crore yesterday 2 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 576.86 crore yesterday 2 June 2016 as per provisional data.Shares of FMCG companies tractor makers fertilizer producers and other agri input makers may edge higher after the India Meteorological Department IMD retained its previous forecast of good rains for the 2016 southwest monsoon season June to September. Higher rural income may boost demand for consumer goods. FMCG firms derive substantial revenue from rural India. Good rains may also boost demand for tractors fertilizers and other agri inputs. In its second stage forecast issued after trading hours yesterday 2 June 2016 the IMD said that rainfall over the country as a whole for the 2016 southwest monsoon season is most likely to be above normal. Quantitatively monsoon season rainfall for the country as a whole is likely to be 106% of the long period average LPA with a model error of plus/m \n \n END SESSION: Key Indices Settle Near The Flat Line \n Initial gains for the two key benchmark indices triggered by the weather office retaining its forecast of above normal rains for the 2016 southwest monsoon season could not be sustained as the outcome of monthly survey showed that the rate of growth in Indias services sector eased last month. The barometer index the S&P BSE Sensex lost 0.11 points to settle at 26843.03. The Nifty 50 index rose 1.85 points or 0.02% to settle at 8220.80. The Sensex failed to retain the psychologically important 27000 level after it briefly surpassed that mark in early trade. The India Meteorological Department IMD issued its second stage monsoon forecast for the 2016 southwest monsoon season June to September after trading hours yesterday 2 June 2016. Markit Economics released the outcome of the monthly survey on Indias services sector for May 2016 at about 10:30 IST. With minuscule gains the Nifty attained its highest closing level in more than 7 months.FMCG stocks edged higher after the weather office stuck to its previous forecast of good rains for the 2016 southwest monsoon season. Tractor maker Mahindra & Mahindra M&M also edged higher on prospects of above normal rains. Aviation stocks edged lower as global crude oil prices rose. Idea Cellular tumbled on reports that US based private equity firm Providence Equity Partners offloaded a large portion of its stake in the market at a discount to ruling market price.BPCL edged higher after the companys announcement that it has secured shareholders approval for increase in limit of total shareholding of all registered foreign institutional investors FIIs put together to 49% of the paid-up equity share capital of the company from 24%.In overseas stock markets Asian and European stocks edged higher after data overnight showed US private-sector employment gains accelerated in May 2016 and another data showed filings for unemployment benefits in the US declined for a third consecutive week. The US economy is the worlds biggest economy. Meanwhile the European Central Bank ECB left key interest rates unchanged after a monetary policy review yesterday 2 June 2016 in line with investors expectations. ECB President Mario Draghi said that the central bank remains ready to use all the tools within its mandate to make sure that the low-inflation environment doesnt become entrenched. Draghi said that the central bank could push interest rates further into negative territory if needed.Chinese stocks shrugged off ",
WriteIf(DateNum()== 1160606 , " PRE SESSION:  Market May Open Slightly Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 16.95 points at the opening bell.In overseas markets Asian stocks were mixed. US stocks fell on Friday 3 June 2016 after data showed US employers last month added the fewest jobs in more than five years. Federal Reserve Governor Lael Brainard on Friday 3 June 2016 called for the central bank to wait for more data before lifting interest rates as she said the jobs report shows the labor market has slowed.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1585.01 crore on Friday 3 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 393.21 crore on Friday 3 June 2016 as per provisional data.Among corporate news Maruti Suzuki India MSIL after market hours on Friday 3 June 2016 reported a 1.57% growth in its total production at 1.29 lakh units in May 2016 over May 2015.Housing Development Finance Corporation announced after market hours on Friday 3 June 2016 that the board of directors of HDFC ERGO General Insurance Company HDFC ERGO a non listed subsidiary of the company has approved the acquisition of a 100% stake in L&T General Insurance Company for an aggregate consideration of Rs 551 crore.The board of HDFC ERGO also approved the plan to merge the two companies subject to all regulatory approvals. The acquisition would help HDFC ERGO improve its market position. HDFC ERGO expects significant cost synergies arising out of business technology optimization and rationalization of offices.HDFC ERGO a 51:49 joint venture between housing major HDFC and ERGO International Germany part of Munich Re Group is the 4th largest private sector general insurer in India and offers all lines of general insurance products including motor health personal accident home fire marine aviation liability crop insurance etc.In a separate announcement afte \n \n END SESSION: Market Slips Ahead Of RBI Policy \n Trading for the week started on a subdued note as key benchmark indices edged lower as investors maintained caution ahead of the Reserve Bank of Indias RBI monetary policy meeting. The barometer index the S&P BSE Sensex fell 65.58 points or 0.24% to settle at 26777.45. The Nifty 50 index fell 19.75 points or 0.24% to settle at 8201.05. The RBI is widely expected to keep its benchmark interest rate viz. the repo rate unchanged at a monetary policy review tomorrow 7 June 2016 as it awaits the transmission of its previous cuts to the repo rate. The Sensex edged lower for the second trading session in a row. The Nifty snapped a three-day winning streak.In overseas stock markets main European markets witnessed a mixed trend. Earlier during the global day most Asian stocks edged higher as a dismal US job report for May 2016 triggered expectations of a possible delay in interest rate increases from the US Federal Reserve. Investors in emerging markets including India have been worried that higher interest rates in the US will drain liquidity from emerging markets and redirect it to developed economies. The Federal Open Market Committee FOMC next undertakes monetary policy review at a two-day meeting on 14-15 June 2016. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.US stocks fell during the previous trading session on Friday 3 June 2016 after data showed that US employers in May added the fewest jobs in more than five years. The Labor Department said that nonfarm payrolls rose by 38000 in May the weakest performance since September 2010. Federal Reserve Governor Lael Brainard on 3 June 2016 called for the central bank to wait for more data before lifting interest rates as she said the jobs report shows the labor market has slowed.The Sensex fell 65.58 points or 0.24% to settle at 26777.45 its lowest closing level since 1 June 2016. The index fell 113.49 points or 0.427% at the days low of 26729.54. The index rose 58.39 points or 0.21% at the days high of 26901.42.The Nifty 50 index fell 19.75 points or 0.24% to settle at 8201.05 its lowest closing level since 1 June 2016. The index shed 34.75 points or 0.42% at the days low of 8186.05. The index rose 13.90 points or 0.16% at the days high of 8234.70.The market breadth indicating the overall health of the market was negative. On BSE 1460 shares fell and 1178 shares rose. A total of 133 shares were unch ",
WriteIf(DateNum()== 1160607 , " PRE SESSION:  Market May Open Higher On Firm Asian Stocks \n  Key benchmark indices may gain in early trade tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 36.90 points at the opening bell. Meanwhile the Reserve Bank of India RBI RBI will announce the Second Bi-monthly Monetary Policy Statement 2016-17 at 11.00 IST today 7 June 2016. The RBI is likely to hold policy rates unchanged.In overseas markets Asian stocks rose today 7 June 2016 after Federal Reserve Chairwoman Janet Yellen yesterday 6 June 2016 said US interest rate hikes are likely on the way but held back any reference to the timing. The Fed chief said last months jobs report was disappointing and bears watching though she gave a largely upbeat assessment of the US economic outlook warning against attaching too much significance to the payrolls data in isolation. US stocks gained yesterday 6 June 2016 even as Federal Reserve Chairwoman Janet Yellen said a rate-hike following an ugly jobs report late last week was still a possibility.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 28.30 crore yesterday 6 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 230.63 crore yesterday 6 June 2016 as per provisional data.Among corporate news Axis Bank announced after market hours yesterday 6 June 2016 that it opened trade at London to celebrate the banks landmark issuance of Asias first internationally listed certified green bond on London Stock Exchange. The bond certified by the Climate Bonds Standards Board raised $500 million. It is the first green bond for Axis Bank within its $5 billion Medium Term Note MTN programme which has additionally listed its entire MTN programme in London. The proceeds of the bond will be invested in green energy transportation and infrastructure projects reinforcing Indias commitment to produce 175000 megawatts M \n \n END SESSION: Market Gains On Hopes Of Delay In Rate Increases From The Fed \n The Reserve Bank of Indias RBI indication after a policy review that interest rate cut may be announced if macroeconomic and financial developments favour rate cut and firmness in European stocks aided the upmove on the domestic bourses. The barometer index the S&P BSE Sensex rose 232.22 points or 0.87% to settle at 27009.67. The gains for the Sensex were higher in percentage terms than those for the Nifty 50 index. The Nifty rose 65.40 points or 0.8% to settle at 8266.45. The Sensex reclaimed the psychologically important 27000 mark. The Sensex and the Nifty both attained their highest closing level in more than 7 months.Asian and European stocks edged higher after US Federal Reserve Chairwoman Janet Yellen said in a speech overnight that short-term interest rates wouldnt be raised until there was more clarity about the US economic outlook. Yellens remarks followed monthly job report for May 2016 that raised concerns over the ability of the economy to absorb a rate hike as early as June. The Fed chief said last months jobs report was disappointing and bears watching though she gave a largely upbeat assessment of the US economic outlook warning against attaching too much significance to the payrolls data in isolation.A delay in interest rate increases from the Fed would slow capital flight from emerging markets. Investors in emerging markets have been worried that higher interest rates in the US will drain liquidity from emerging markets and redirect it to developed economies. The Federal Open Market Committee FOMC next undertakes monetary policy review at a two-day meeting on 14-15 June 2016. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.Bank stocks edged higher after the Reserve Bank of India kept key policy rates unchanged after a monetary policy review. State Bank of India surged on reports that the bank is considering a proposal to hive off its stressed-loan portfolio into a separate company. ICICI Bank moved higher on reports that a foreign brokerage has issued a tactical short term buy call on the stock citing attractive price to book value on a 1 year forward basis of ICICI Bank vis-à-vis Axis Bank. Shares of public sector oil marketing companies slipped after a rise in global crude oil prices. Aviation stocks fell as global crude oil prices rose.The Sensex rose 232.22 points or 0.87% to settle at 27009.67 its highest closing level since 28 October ",
WriteIf(DateNum()== 1160608 , " PRE SESSION:  Market May Open Flat To Slightly Higher \n  Key indices may open flat to slightly higher amid mixed cues from Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 9 points at the opening bell.In overseas markets Asian stocks were mixed. Meanwhile data showed that Japans economy grew faster than initially estimated in the first quarter as capital spending fell less than was first reported but worries remain over slow consumer spending and weak exports. Japans economy expanded at an annualized 1.9% rate in the first quarter of this year revised up from a preliminary reading of 1.7% growth the Cabinet Office data showed today 8 June 2016. US stocks eked out modest gains yesterday 7 June 2016 propelled by a sharp rally in the energy sector. Investors shrugged off US government data yesterday 7 June 2016 that showed productivity of businesses and workers fell in the first quarter but by less than initially reported.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 499.73 crore yesterday 7 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 46.33 crore yesterday 7 June 2016 as per provisional data.Among corporate news L&T announced that its construction arm along with its JV partner in Qatar Al Balagh Trading & Contracting has signed a contract to build a 40000 seater stadium as part of the sports infrastructure being readied by the Emirate in preparation of the 2022 Fifa World Cup. The contract for the project is for a combined value of $360 million for both JV partners and is slated to be completed by 2019. The scope for the stadium includes main works and construction of the site following completion of the enabling works L&T said in a statement. The announcement was made after market hours yesterday 7 June 2016.Pharma major Lupin announced the appointment of Yugesh Goutam as President-Global Human Resources HR. Yuge \n \n END SESSION: Market Crawls Higher \n In what was a lackluster trading session the two key benchmark indices registered minuscule gains. The barometer index the S&P BSE Sensex rose 10.99 points or 0.04% to settle at 27020.66. The Nifty 50 index rose 6.60 points or 0.08% to settle at 8273.05. The Sensex retained the psychologically important 27000 mark. The Sensex and the Nifty edged higher for the second trading session in a row. With minuscule gains the Sensex and the Nifty both attained their highest closing level in more than 7 months.Defense sector stocks rose after an India-US joint statement during official visit of Prime Minister Narendra Modi to the US said that the leaders of the two countries decided to expand bilateral defense cooperation. L&T edged higher after the company announced that its construction arm along with its joint venture partner in Qatar Al Balagh Trading & Contracting has signed a contract to build a 40000 seater stadium in Qatar for the 2022 Fifa World Cup. Shares of public sector oil marketing companies fell on rise in global crude oil prices.In overseas stock markets European market edged lower on concerns about global economic slowdown. The World Bank yesterday 7 June 2016 cut its its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January citing sluggish growth in advanced economies stubbornly low commodity prices weak global trade and diminishing capital flows. In an environment of anemic growth the global economy faces mounting risks including a further slowdown in major emerging markets the World Bank said.Earlier during the global day Asian stocks ended on a mixed note as weak Chinese export data offset a brightening energy sector outlook and an expected delay in interest rate hikes by the US Federal Reserve. Data showed that Chinas exports fell more than expected in May as global demand remained stubbornly weak but imports beat forecasts adding to hopes that the economy may be stabilising. In dollar terms Chinas exports fell 4.1% and imports dropped 0.4% from a year earlier.Separately Chinas central bank Peoples Bank of China said it was keeping its economic growth forecast for 2016 year steady at 6.8% but it now expects exports to contract and fixed asset investment to grow more strongly than previously forecast. Meanwhile Japans economy grew faster than initially estimated in the first quarter. Japans economy expanded at an annualized 1.9% rate in the first quarter of this year revised up from a prel ",
WriteIf(DateNum()== 1160609 , " PRE SESSION:  Market To See A Steady Start \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 10.25 points at the opening bell.In overseas markets Asian stocks were mixed. Chinas consumer inflation rose less than forecast in May as pressure from high food prices eased while producer prices recovered more than forecast. The consumer price index CPI rose 2.0% in May compared with a 2.3% increase in April. The producer price index PPI fell 2.8% in May easing from a 3.4% drop in April and rose 0.5% month-on-month. US stocks rose yesterday 8 June 2016 with Dow Jones Industrial Average rising above 18000 for the first time since April as a weaker dollar lifted some commodity-related sharesCloser home foreign portfolio investors FPIs bought shares worth a net Rs 529.16 crore yesterday 8 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 257.76 crore yesterday 8 June 2016 as per provisional data.Among corporate news BPCL will be in focus after the Reserve Bank of India RBI raised the ceiling on investment in the companys shares by foreign institutional investors FIIs to 49% of the companys equity from earlier 24%. It may be recalled that BPCL last week got shareholders nod for raising the ceiling on investment by FIIs in the companys equity.Adani Ports and Special Economic Zone said that India Ratings & Research has assigned final IND AA+ rating with Stable Outlook to the companys proposed non-convertible debentures NCDs of Rs 200 crore. The announcement was made after market hours yesterday 8 June 2016.Tata Motors announced that its global wholesales including Jaguar Land Rover JLR rose 10% to 87414 units in May 2016 over May 2015. Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range rose 11% to 32375 units in May 2016 over May 2015. Global wholesales of all passenger vehicles rose 10% to 55039 units in May 2016 over \n \n END SESSION: Market Slides As Crude Boils \n Negative cues from global markets and concerns arising from higher global crude oil prices pulled Indian stocks lower. The barometer index the S&P BSE Sensex fell 257.20 points or 0.95% to settle at 26763.46. The losses for the Sensex were higher in percentage terms than those for the Nifty 50 index. The Nifty fell 69.45 points or 0.84% to settle at 8203.60. The Sensex fell below the psychologically important 27000 mark. The barometer index hit its lowest closing levels in more than a week.The recent run up in crude oil prices has sparked concerns of its adverse impact on Indias macroeconomic fundamentals. Until recently lower global commodity prices led to optimism regarding India reining in its fiscal and current account deficit. With India importing about 80% of its crude requirements there are now concerns that higher crude oil prices will result in widening of Indias current account and fiscal deficit and increase fuel price inflation.Brent for August 2016 settlement was current off 55 cents to $51.96 a barrel. The contract had risen by $1.07 a barrel or 2.08% to settle at $52.51 a barrel yesterday 8 June 2016. Prices rose overnight amid ongoing supply outages in Nigeria and a weaker dollar.Index heavyweight and IT major Infosys dropped after the companys chief operating officer UB Pravin Rao was quoted as saying yesterday 8 June 2016 that the company would face volatility in revenue over the next few quarters. Stocks of public sector banks extended their recent gains triggered by media reports that the Reserve Bank of India may ease bad-loan recognition norms for lenders. Dr Reddys Laboratories edged lower on reports that the US Consumer Product Safety Commission has sought civil penalty against the drug maker for alleged violation of provisions related to child resistant packaging.Shares of oil exploration and production E&P gained as crude oil prices rose. BPCL edged higher after the Reserve Bank of India RBI raised the ceiling on investment in the companys shares by foreign institutional investors FIIs to 49% of the companys equity from earlier 24%.In overseas stock markets European shares dropped for a second straight day after European Central Banks president Mario Draghi warned that Europe is at risk of suffering lasting economic damage from weak productivity and low growth. Asian stocks declined amid continuing uncertainty over the pace of the US economic recovery and ahead of looming major political events such as a B ",
WriteIf(DateNum()== 1160610 , " PRE SESSION:  Market May Open Marginally Lower On Weak Asian Stocks \n  Key indices may open slightly lower tracking weakness in most Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 6.40 points at the opening bell.In overseas markets Asian stocks edged lower as investors sought refuge in safe-haven assets amid festering concerns over the 23 June 2016 referendum that could see Britain exit the European Union. US stocks dropped yesterday 9 June 2016 after three days of gains as crude oil futures pulled back from 10-month highs.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 234.20 crore yesterday 9 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 317.74 crore yesterday 9 June 2016 as per provisional data.Among corporate news ICICI Bank announced after market hours yesterday 9 June 2016 that Oriental Trimex had availed financial assistance of Rs 68.80 million from ICICI Bank. Due to default in repayment of outstanding dues to ICICI Bank by the company the account of company with ICICI Bank has been classified as a Non Performing Asset NPA on 31 December 2012. For recovery of outstanding dues ICICI Bank has filed recovery suit before DRT Delhi at 16 August 2013 against Oriental Trimex and the guarantors i.e. Mr. Rajesh Punia & Ms. Savita Punia. The company has also filed winding up petition before High Court Delhi at 11 March 2014.Yes Bank announced that it has executed a share subscription and shareholders agreement agreeing to subscribe for 20 lakh equity shares of Receivables Exchange of India RXIL which is equivalent to 8% of the post-issue paid-up capital of RXIL as per the terms of the agreement. RXIL is a joint venture company setup by NSE Strategic Investment Corporation and Small Industries Development Bank of India. The announcement was made after market hours yesterday 9 June 2016.Hindustan Unilever HUL announced that consideri \n \n END SESSION: Weak Global Stocks Drag Indices Lower \n Trading for the week ended on a subdued note as weakness in global stocks dragged key benchmark indices lower for the second day in a row today 10 June 2016. The barometer index the S&P BSE Sensex shed 127.71 points or 0.48% to settle at 26635.75. The Nifty 50 index dropped 33.55 points or 0.41% to settle at 8170.05. The Sensex hit lowest closing level in more than two weeks. The Nifty hit lowest closing level in more than one-week. High volatility was witnessed during the trading session. Key indices slipped into the red during the latter half of the session after recovering sharply earlier during the day after starting the days trade on a subdued note.The Sensex shed 127.71 points or 0.48% to settle at 26635.75 its lowest closing level since 26 May 2016. The index dropped 142.96 points or 0.53% at the days low of 26620.50. The index rose 208.60 points or 0.77% at the days high of 26972.06.The Nifty dropped 33.55 points or 0.41% to settle at 8170.05 its lowest closing level since 31 May 2016. The index fell 40.75 points or 0.49% at the days low of 8162.85. The index rose 62 points or 0.75% at the days high of 8265.60.In overseas stock markets Asian and European shares edged lower on concerns about global economic slowdown and concerns over the 23 June 2016 referendum that could see Britain exit the European Union. Earlier this week the World Bank revised its global economic growth forecast for calendar year 2016 to 2.4% from the 2.9% projection in January. Key indices in UK Germany and France dropped by between 1.68% to 2.25%.The UK government holds a referendum on 23 June 2016 on whether the country should remain a member of the EU. The Organization for Economic Cooperation and Development OECD has warned that Britains leaving the EU -- the so-called Brexit -- could send shocks through global financial markets. The OECD said on 1 June 2016 that a United Kingdom vote to leave the EU would trigger negative economic effects on the UK other European countries and the rest of the world. Brexit would lead to economic uncertainty and hinder trade growth with global effects being even stronger if the British withdrawal from the EU triggers volatility in financial markets the OECD said. By 2030 post-Brexit UK GDP could be over 5% lower than if the country remained in the European Union the OECD said.Trading in US stock index futures indicated decline for US stocks at the opening bell later in the global day. Trading in US index futures ",
WriteIf(DateNum()== 1160613 , " PRE SESSION:  Gap-Down Opening On The Cards On Weak Global Cues \n  Trading for the week is likely to begin on a weak note on negative Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 73 points at the opening bell. The market will also react to weak industrial production data released after market hours on Friday 10 June 2016. The government is scheduled to unveil the consumer price index CPI data for the month of May 2016 at 17:30 IST today 13 June 2016.On the macro front data released after market hours on Friday 10 June 2016 showed that Indias industrial production IIP declined 0.8% in April 2016 over April 2015. The electricity generation surged at two-year high pace of 14.6% while the mining output also moved up 1.4% in April 2016. However the manufacturing sector production dipped 3.1% contributing to the decline in industrial output in April 2016. The IIP growth in March 2016 has been revised upwards to 0.3% in the first revision compared with 0.05% reported provisionally. Meanwhile the growth in January 2016 has been revised downwards to -1.6% at the final revision from -1.5% at first revision and reported provisionally.Meanwhile the government is scheduled to unveil the consumer price index CPI data rural urban and combined for the month of May 2016 at 17:30 IST today 13 June 2016. The all-India General CPI inflation surged to 5.39% in April 2016 new base 2012=100 from six months low of 4.8% recorded in March 2016.In overseas markets Asian stocks were sharply lower ahead of central bank meetings in the US and Japan this week.US stocks declined on Friday 10 June 2016 as nervousness over an impending vote that could see the UK leave the European Union as well as a drop in oil prices spurred a global selloff.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 201.32 crore on Friday 10 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth \n \n END SESSION: Sensex Nifty Hit 2-1/2 Week Closing Low \n Weakness in global stocks and anemic domestic industrial production data for April 2016 triggered a fresh slide of key benchmark indices today 13 June 2016. The barometer index the S&P BSE Sensex lost 238.98 points or 0.9% to settle at 26396.77. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty shed 59.45 points or 0.73% to settle at 8110.60. The Sensex and the Nifty both hit their lowest closing level in 2-1/2 weeks. Capital goods realty and bank stocks led decline on the bourses. Key indices dropped for the third day in a row today 13 June 2016.The Sensex lost 238.98 points or 0.9% to settle at 26396.77 its lowest closing level since 26 May 2016. The index declined 373.48 points or 1.4% at the days low of 26262.27. The index fell 167.48 points or 0.62% at the days high of 26468.27.The Nifty shed 59.45 points or 0.73% to settle at 8110.60 its lowest closing level since 26 May 2016. The index lost 106.15 points or 1.29% at the days low of 8063.90. The index fell 44.80 points or 0.54% at the days high of 8125.25.In overseas markets European stocks edged lower after Asian stocks settled sharply lower ahead of central bank meetings in the US and Japan this week. The worries about a potential exit by the UK from the European Union also left investors scrambling for safe haven assets. The UK government holds a referendum on 23 June 2016 on whether the country should remain a member of the European Union EU. In mainland China the Shanghai Composite settled 3.21% lower. In Hong Kong the Hang Seng index ended 2.52% down. In Japan the Nikkei 225 index closed 3.51% lower. Data released today 13 June 2016 showed that growth in Chinas fixed-asset investment and retail sales cooled unexpectedly in May but factory output growth was steady doing little to clear up uncertainty over prospects for the worlds second-largest economy. US stocks declined on Friday 10 June 2016 as nervousness over an impending vote that could see the UK leave the European Union as well as a drop in oil prices spurred a global selloff.Closer home the market breadth indicating the overall health of the market was negative. On BSE 1473 shares declined and 1108 shares rose. A total of 163 shares were unchanged. The BSE Mid-Cap index shed 0.5%. The BSE Small-Cap index dropped 0.45%. The fall in both these indices was lower than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 260 ",
WriteIf(DateNum()== 1160614 , " PRE SESSION:  Market Likely To Open Lower \n  After suffering steep losses in the previous trading session the market is likely to open lower as most Asian stocks were trading lower. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 16 points at the opening bell. The market will also react to consumer prices index inflation data for May 2016 released by the government after market hours yesterday 13 June 2016.On the macro front data released by the government after market hours yesterday 13 June 2016 showed that the all-India general consumer prices index CPI inflation increased to 21-months high of 5.76% in May 2016 new base 2012=100 while recording rise for second straight month. The CPI inflation had stood at 5.47% in April 2016. The corresponding provisional inflation rate for rural area was 6.45% and urban area 4.89% in May 2016 as against 6.17% and 4.68% in April 2016. However the core CPI inflation declined to 4.49% in May 2016 from 4.71% in April 2016.Meanwhile the inflation based on wholesale price index WPI for the month of May 2016 is scheduled to be released by the government today 14 June 2016. WPI inflation came in at 0.3% in April 2016. WPI turned positive following 17 consecutive months of negative growth.In overseas markets most Asian stocks declined following a lower finish in US stocks as investors looked ahead to central bank meetings in the US and Japan. The US Federal Open Market Committee will begin its two-day meeting today 14 June 2016 while the Bank of Japan will start its two-day meeting tomorrow 15 June 2016. US stocks declined yesterday 13 June 2016 as investors turned increasingly jittery ahead of a Federal Reserve policy meeting and a looming vote on 23 June 2016 on Britains membership in the European Union.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 212.24 crore yesterday 13 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors D \n \n END SESSION: Market Edges Lower After Rangebound Trade \n Key benchmark indices settled a tad lower after hovering within a narrow range near the flat line throughout the session. The barometer index the S&P BSE Sensex shed 1.06 points to settle at 26395.71. The Nifty 50 index slipped 1.75 points or 0.02% to settle at 8108.85. The Sensex and the Nifty both hit their lowest closing level in almost three weeks. Key indices declined for the fourth day in a row today 14 June 2016.Domestic bourses witnessed a lackluster session of trade amid a drop in global stocks as investors maintained caution ahead of the outcome of US Federal Reserves policy meeting tomorrow 15 June 2016. Back home data showing rise in wholesale and consumer price inflation has quashed hopes of announcement of cut in policy rates by the Reserve Bank of India in its next policy meeting in August.The Sensex shed 1.06 points to settle at 26395.71 its lowest closing level since 26 May 2016. The index dropped 131.96 points or 0.49% at the days low of 26264.81. The index rose 88.68 points or 0.33% at the days high of 26485.45 its highest level since 10 June 2016.The Nifty slipped 1.75 points or 0.02% to settle at 8108.85 its lowest closing level since 26 May 2016. The index fell 41.10 points or 0.5% at the days low of 8069.50. The index rose 24.35 points or 0.3% at the days high of 8134.95 its highest level since 10 June 2016.In overseas markets European stocks edged lower and most Asian stocks settled lower following a lower finish in US stocks overnight as investors looked ahead to central bank meetings in the US and Japan. Meanwhile heightened Brexit worries pushed investors toward the fixed-income market which marked a milestone as Germanys benchmark bond yield turned negative.The US Federal Open Market Committee will begin its two-day meeting today 14 June 2016 while the Bank of Japan will start its two-day meeting tomorrow 15 June 2016. US stocks declined yesterday 13 June 2016 as investors turned increasingly jittery ahead of a Federal Reserve policy meeting and a looming vote on 23 June 2016 on Britains membership in the European Union.Closer home the market breadth indicating the overall health of the market was positive. On BSE 1533 shares gained and 1069 shares declined. A total of 166 shares were unchanged. The BSE Mid-Cap index rose 0.18%. The BSE Small-Cap index gained 0.54%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 2721 crore higher than turnover of Rs 2619. ",
WriteIf(DateNum()== 1160615 , " PRE SESSION:  Market Likely To Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 13 points at the opening bell.In overseas markets Asian stocks were trading higher as investors looked for outcome of the central bank meetings in the US and Japan. The US Federal Open Market Committee concludes its two-day meeting today 15 June 2016 while the Bank of Japan will start its two-day meeting today 15 June 2016. US stocks declined yesterday 14 June 2016 as investors grappled with mixed signals from lower oil prices stronger-than-expected retail sales and geopolitical uncertainty roiling European markets.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 113.36 crore yesterday 14 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 32.27 crore yesterday 14 June 2016 as per provisional data.Coal India announced after market hours yesterday 14 June 2016 that the board of directors of its subsidiary South Eastern Coalfields SECL approved the buyback of 8.46 lakh fully paid equity shares of face value of Rs 1000 each from the members of the company on a proportionate basis through tender offer representing 23.53% of the total number of equity shares in the paid-up share capital of the company. The shares will be bought back for an aggregate amount not exceeding Rs 1200.19 crore with maximum buyback size being upto 25% of the paid-up equity share capital and free reserves as on financial year ended 31 March 2016 at a buyback price of Rs 14180.57 per share payable in cash.Bharti Airtel announced after market hours yesterday 14 June 2016 a new initiative - Open Network - which will display its mobile network coverage and signal strength across India in addition to network site deployment status. The initiative under Project Leap its national network transformation initiative sees the company open up its entire mobile network information t \n \n END SESSION: Nifty Hits One-Week Closing High \n Positive global stocks and reports indicating sooner than expected implementation of the Goods and Services Tax GST the biggest tax reform helped key benchmark indices log strong gains. The barometer index the S&P BSE Sensex gained 330.63 points or 1.25% to settle at 26726.34. The Nifty 50 index gained 97.75 points or 1.21% to settle at 8206.60. The Sensex hit almost one-week closing high. The Nifty hit highest closing level in one week. After opening with an upward gap key indices remained in positive terrain throughout the session with buying momentum gathering pace in late trade. Key indices snapped four-day losing streak today 15 June 2016 with all the nineteen sectoral indices on BSE gaining in a firm market.The Sensex gained 330.63 points or 1.25% to settle at 26726.34 its highest closing level since 9 June 2016. The index rose 356.88 points or 1.35% at the days high of 26752.59. The index rose 50.88 points or 0.19% at the days low of 26446.59.The Nifty 50 index gained 97.75 points or 1.21% to settle at 8206.60 its highest closing level since 8 June 2016. The index gained 104.35 points or 1.29% at the days high of 8213.20. The index rose 14.30 points or 0.18% at the days high of 8123.15.Goods and Services Tax GST the biggest tax reform of the country is likely to be implemented sooner than expected reports quoting Finance Minister Arun Jaitley indicated. After attending a meeting of finance ministers of 22 states in Kolkata yesterday 14 June 2016 Jaitley reportedly said that all states except Tamil Nadu have agreed on the broader contours of GST. The meeting has agreed that issues of dual control and revenue neutral rate should be dealt by the Empowered Committee and not to cap the GST rate in the Bill.In overseas markets European stocks edged higher snapping a five-day losing streak as miners and retailers advanced while traders awaited outcome of the Federal Reserves latest policy review. Exports from the eurozone to the rest of the world jumped in April pushing its trade surplus wider and indicating that the currency areas modest recovery remained on track as the second quarter got underway. On a seasonally adjusted basis exports rose by 4.9% from March while imports rose by 2.6% while the trade surplus widened to EUR28 billion in April from EUR23.7 billion in March.Chinese mainland markets rose shrugging off a decision by stock index provider MSCI saying yesterday 14 June 2016 to delay inclusion of mainland- ",
WriteIf(DateNum()== 1160616 , " PRE SESSION:  A Gap-Down Opening On The Cards On Negative Asian Stocks \n  The market is likely to see a gap-down opening on negative Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 46 points at the opening bell.In overseas markets Asian stocks dropped with Japanese stocks falling behind their peers after the Bank of Japan BoJ kept monetary policy steady as was widely expected. US stocks ended lower yesterday 15 June 2016 marking a fifth session of losses after the US Federal Reserve left interest rates unchanged and backed off an aggressive stance on future rate hikes.The US Federal Reserve after a conclusion of two-day meeting yesterday 15 June 2016 left interest rates unchanged and signaled its likely to take an even slower approach on raising the cost of borrowing against a backdrop of slower US job creation and fresh worries about economic events abroad. The Fed trimmed its estimate of US growth in 2016 to 2% from 2.2% but left its long-run forecast intact. The Fed also tempered its future expectations for the economy. The central bank indicated it will raise rates three times apiece in 2017 and 2018 instead of four. And in the long run the FOMC predicts the Fed-funds rate would rise to 3% instead of 3.3%. Fed officials also expect the labor market to show more improvement with the unemployment rate remaining below 5% for the next three years.Yellen also expressed concern in a press conference after the Fed meeting about the low level of US business investment and said that vulnerabilities in the global economy remain. She acknowledged the pending UK vote on 23 June 2016 known as Brexit on whether to leave the European Union was a factor in the Feds decision to stay its hand.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 108.23 crore yesterday 15 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 234.10 crore yesterday 15 June 2016 as pe \n \n END SESSION: Market Drops After Policy Actions By Fed BoJ \n Weak global cues triggered a fresh selling on the domestic bourses today 16 June 2016. However key indices managed to settle off their intraday lows as European stocks trimmed intraday losses. The barometer index the S&P BSE Sensex lost 200.88 points or 0.75% to settle at 26525.46. The Nifty 50 index lost 65.85 points or 0.8% to settle at 8140.75. Key indices staged a recovery in latter half of the session after extending initial losses after opening on a weak note. Weakness in global stocks after the Bank of Japan and the US Federal Reserve decided to keep interest rates unchanged weighed on sentiment.The Sensex lost 200.88 points or 0.75% to settle at 26525.46 its lowest closing level since 14 June 2016. The index lost 411.43 points or 1.53% at the days low of 26314.91. The index fell 40.31 points or 0.15% at the days high of 26686.03.The Nifty shed 65.85 points or 0.8% to settle at 8140.75 its lowest closing level since 14 June 2016. The index lost 132.15 points or 1.61% at the days low of 8074.45. The index fell 25.95 points or 0.31% at the days high of 8180.65.In overseas markets European stocks and Asian stocks dropped as investors digested the US Federal Reserves decision to keep interest rates on hold. In Japan the Nikkei 225 index settled 3.05% lower after the Bank of Japan BoJ kept monetary policy steady as was widely expected. At the end of a two-day monetary policy review the BoJ said it will continue to conduct money market operations so the monetary base increases at an annual pace of 80 trillion yen $760 billion and maintain a negative interest rate of minus 0.1% to the policy-rate balances in current accounts held by financial institutions at the bank. The BoJ said in a statement that the economy continued its moderate recovery trend citing steady improvement in business fixed investment employment and housing investment. In mainland China the Shanghai Composite index settled 0.5% lower. In Hong Kong the Hang Seng index ended 2.1% lower.US stocks ended lower yesterday 15 June 2016 marking a fifth session of losses after the US Federal Reserve left interest rates unchanged and backed off an aggressive stance on future rate hikes. The US Federal Reserve after a conclusion of two-day meeting yesterday 15 June 2016 left interest rates unchanged and signaled its likely to take an even slower approach on raising the cost of borrowing against a backdrop of slower US job creation and fresh worries about economic e ",
WriteIf(DateNum()== 1160617 , " PRE SESSION:  Market May Open On A Firm Note On Positive Asian Stocks \n  The market is likely to see a strong opening on positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 56 points at the opening bell.In overseas markets Asian stocks were trading higher ahead of the UKs upcoming 23 June 2016 referendum vote on its future within the European Union. US stocks closed modestly higher yesterday 16 June 2016 ending a five-day streak of losses with telecoms leading sector advancers. Meanwhile the Bank of England yesterday 16 June 2016 kept its key interest rate at a record low of 0.5% and made no changes to its 375-billion-pound $530 billion asset-purchase program. All nine rate-setting policy makers voted to hold rate unchanged. The decision marked the last before the 23 June 2016 referendum in the UK on whether the country should stay or exit the European Union EU. A vote to leave the EU could materially alter the outlook for output and inflation and therefore the appropriate setting of monetary policy the BOE said in a statement. The interest rate decision was announced after close of Indian market hours yesterday 16 June 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 156.75 crore yesterday 16 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 163 crore yesterday 16 June 2016 as per provisional data.Sugar stocks will be watched. The government yesterday 16 June 2016 reportedly imposed 20% customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40 per kg. The duty has been imposed to restrict exports following sharp rise in global prices. The duty is however lower than 25% proposed by the Food Ministry reports added.On the macro front Indias current account deficit CAD narrowed sharply to $0.3 billion 0.1% of GDP in Q4 of 2015-16 significantly lower than $7.1 billion 1.3% of GDP in  \n \n END SESSION: Market Drifts Higher On Positive Global Cues \n After suffering sharp losses on the previous trading session the key benchmark indices logged modest gains on last trading session of the week on positive global stocks. The barometer index the S&P BSE Sensex rose 100.45 points or 0.38% to settle at 26625.91. The Nifty 50 index gained 29.45 points or 0.36% to settle at 8170.20. After hitting intraday high at onset of the days trading session key indices saw volatile swings throughout the day. The Sensex hit an intraday low in late trade a tad above the positive zone while the Nifty hit an intraday low a tad below the flat line.The barometer index the S&P BSE Sensex rose 100.45 points or 0.38% to settle at 26625.91 its highest closing level since 16 June 2016. The Sensex gained 205.09 points or 0.77% at the days high of 26730.55. The index rose 13.05 points or 0.04% at the days low of 26538.51.The Nifty 50 index gained 29.45 points or 0.36% to settle at 8170.20 its highest closing level since 16 June 2016. The Nifty gained 54.50 points or 0.66% at the days high of 8195.25. The index fell 4.95 points or 0.06% at the days low of 8135.80.In overseas markets European stocks edged higher tracking gains in the US and Asia and underpinned by higher oil prices as worries about Brexit receded at least for now. Meanwhile the Bank of England yesterday 16 June 2016 kept its key interest rate at a record low of 0.5% and made no changes to its 375-billion-pound $530 billion asset-purchase program. All nine rate-setting policy makers voted to hold rate unchanged. The decision marked the last before the 23 June 2016 referendum in the UK on whether the country should stay or exit the European Union EU. A vote to leave the EU could materially alter the outlook for output and inflation and therefore the appropriate setting of monetary policy the BOE said in a statement. The interest rate decision was announced after close of Indian market hours yesterday 16 June 2016.Most Asian stocks edged higher after a rebound on Wall Street overnight ahead of the UKs upcoming 23 June 2016 referendum vote on its future within the European Union. Meanwhile Japans government kept its assessment of the economy unchanged this month but warned that consumer prices are rising at a slower pace casting more doubt on policymakers three-year effort to shake off deflation. The assessment comes a day after the Bank of Japan cut its view on consumer inflation and refrained from offering additional monetary stimulu ",
WriteIf(DateNum()== 1160620 , " PRE SESSION:  Market May Open Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 63.65 points at the opening bell.The Reserve Bank of India RBI governor Raghuram Rajan on Saturday 18 June 2016 announced that he will not pursue a second term as the RBI chief. Rajan finishes his term on 4 September 2016. He was appointed RBI Governor by the previous UPA government in September 2013 for a three-year term which can be extended.Investors will closely watch the progress of monsoon rains. For the country as a whole cumulative rainfall during this years monsoon has so far upto 15 June 2016 been 25% below the Long Period Average LPA the India Meteorological Department IMD said in a statement issued on Friday 17 June 2016. IMD in its second stage forecast on 3 June 2016 had stuck to its preliminary forecast of above normal rains for the 2016 southwest monsoon season June to September. Quantitatively monsoon season rainfall for the country as a whole is likely to be 106% of the long period average LPA with a model error of plus/minus 4% IMD had said.In overseas markets most Asian stocks rose today 20 June 2016 as rising expectations of Britain voting to remain in the European Union lifted risk sentiment. Three British opinion polls ahead of the EU membership referendum on 23 June 2016 showed the Remain camp recovering some momentum although the overall picture remained one of an evenly split electorate.US stocks fell on Friday 17 June 2016 as investors continued to fret over the possibility that the UK may leave the European Union on top of lingering concerns about the Federal Reserves reluctance to raise interest rates.The UK government holds a referendum on Thursday 23 June 2016 on whether the country should remain a member of the European Union EU. The Organization for Economic Cooperation and Development OECD has warned that Britains leaving the EU -- the so-called Brexit -- could send shocks through global financial  \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In Nearly Two Weeks \n The governments announcement of a further liberalization of foreign direct investment FDI rules in some sectors and gains in global stocks aided the upmove on the domestic bourses at the onset of the week. The barometer index the S&P BSE Sensex rose 241.01 points or 0.91% to settle at 26866.92. The gains for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty rose 68.30 points or 0.84% to settle at 8238.50. The Sensex and the Nifty both attained their highest closing level in almost two weeks. European stocks led gains in world stocks after polls over the weekend showed resurgence in support for the UK staying in the European Union EU ahead of the 23 June Brexit referendum. Brexit refers to the referendum on 23 June 2016 by British voters to decide whether the country should remain a member of the European Union or leave it. Eighteen out of the nineteen sectoral indices on BSE registered gains.The Indian government today 20 June 2016 announced liberalization of foreign direct investment FDI rules in aviation pharmaceutical defence trading in food products and single brand retail trading. The government said in a statement that with the latest liberalization of the FDI regime in the country most of the sectors would be under automatic approval route except a small negative list. With these changes India is now the most open economy in the world for FDI it said.IT shares edged higher as the rupee edged lower against the dollar. Aviation stocks were in demand after the government liberalized the foreign direct investment norms in the civil aviation sector. Shares of defence equipment companies rose after the government raised the ceiling on foreign direct investment FDI in defence sector to 100% from 49%. Metal and mining stocks rose as copper prices edged higher in the global commodities markets. Gammon India rose by its maximum permissible daily limit of 20% to Rs 14.89 after the company reported turnaround Q4 March 2016 results.The Sensex rose 241.01 points or 0.91% to settle at 26866.92 its highest closing level since 8 June 2016. The Sensex rose 259.58 points or 0.97% at the days high of 26885.49. The index fell 178.03 points or 0.67% at the days low of 26447.88.The Nifty rose 68.30 points or 0.84% to settle at 8238.50 its highest closing level since 8 June 2016. The Nifty rose 73.95 points or 0.91% at the days high of 8244.15. The index fell 62.85 points or 0.77% at the days low o ",
WriteIf(DateNum()== 1160621 , " PRE SESSION:  Market May Extend Gains On Positive Global Cues \n  Market is seen opening higher tracking positive leads from Asian markets and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 6.60 points at the opening bell.In overseas markets most Asian shares rose today 21 June 2016 on growing expectations that British voters will opt to remain in the European Union in this weeks referendum. But investors remain wary ahead of Thursdays vote as well as Federal Reserve chief Janet Yellens two-day testimony before Congress which starts later today 21 June 2016 in which she might offer clues on the timing of the central banks next interest rate increase. US stocks ended higher yesterday 20 June 2016 but off their session highs following the lead of European markets as polls showed support swinging back toward the UK remaining a member of the European Union ahead of a referendum.The UK government holds a referendum on Thursday 23 June 2016 on whether the country should remain a member of the European Union EU. The Organization for Economic Cooperation and Development OECD has warned that Britains leaving the EU -- the so-called Brexit -- could send shocks through global financial markets. The OECD said on 1 June 2016 that a United Kingdom vote to leave the EU would trigger negative economic effects on the UK other European countries and the rest of the world. Brexit would lead to economic uncertainty and hinder trade growth with global effects being even stronger if the British withdrawal from the EU triggers volatility in financial markets the OECD said. By 2030 post-Brexit UK GDP could be over 5% lower than if the country remained in the European Union the OECD said.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 537.46 crore yesterday 20 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 724.06 crore yester \n \n END SESSION: Key Indices Snap Two-Day Winning Streak \n The two key benchmark indices snapped a two-day winning streak in what was a lacklustre trading session. The barometer index the S&P BSE Sensex fell 54.14 points or 0.2% to settle at 26812.78. The Nifty 50 index fell 18.60 points or 0.23% to settle at 8219.90. The market breadth indicating the overall health of the market was positive. On BSE 1317 shares rose and 1287 shares fell. A total of 200 shares were unchanged. The BSE Mid-Cap index rose 0.12%. The BSE Small-Cap index rose 0.36%. Both these indices outperformed the Sensex.In overseas stock markets main European markets edged higher after Germanys Federal Constitutional Court ruled in favour of the European Central Banks ECB Outright Monetary Transactions or OMT unlimited bond-buying program created by the ECB at the height of Europes debt crisis in September 2012. UK stocks reversed initial losses. The FTSE 100 index was currently up 0.05%. The key event in the UK and Europe this week is the Brexit referendum on Thursday 23 June 2016 where British voters will decide whether the country should remain a member of the European Union or leave it. Two opinion polls yesterday 20 June 2016 predicted opposite results on whether British voters will vote for Britain to remain or leave the European Union EU in a referendum on Thursday 23 June 2016 with one poll predicting respondents backing membership in the EU and the other poll showing respondents backing the leave vote.The Organization for Economic Cooperation and Development OECD has warned that Britains leaving the EU -- the so-called Brexit -- could send shocks through global financial markets. The OECD said on 1 June 2016 that a United Kingdom vote to leave the EU would trigger negative economic effects on the UK other European countries and the rest of the world. Brexit would lead to economic uncertainty and hinder trade growth with global effects being even stronger if the British withdrawal from the EU triggers volatility in financial markets the OECD said. By 2030 post-Brexit UK GDP could be over 5% lower than if the country remained in the European Union the OECD said.Earlier during the global day most Asian shares rose on growing expectations that British voters will opt to remain in the European Union in this weeks referendum. Japanese stocks edged higher as the yen eased from earlier gains against the US dollar. The Nikkei 225 Average ended 1.28% higher for the trading session. The yen eased after approaching a 22 ",
WriteIf(DateNum()== 1160622 , " PRE SESSION:  Market May Edge Lower At Opening Bell \n  Market is seen opening lower tracking mixed cues from the Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 15.85 points at the opening bell.In overseas markets Asia markets traded mixed today 22 June 2016 as investors moved to the sidelines ahead of Britains vote on its membership in the European Union.US stocks closed slightly higher yesterday 21 June 2016 after trading within a narrow range after Federal Reserve Chairwoman Janet Yellen cautioned that the UK leaving the European Union EU posed a risk while new polls showed support for the stay camp growing. In her testimony to the Senate Banking Committee Yellen said a victory for the leave camp in this weeks UK referendum on membership in the EU would pose a significant risk to the US economy and global financial market stability and reiterated the cautious approach to raising interest rates that the Federal Open Market Committee signaled last week when it stood pat on US interest rates.The key event in the UK and Europe this week is the Brexit referendum tomorrow 23 June 2016 where British voters will decide whether the country should remain a member of the EU or leave it.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 484.66 crore yesterday 21 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 335.53 crore yesterday 21 June 2016 as per provisional data.Among corporate news shares of Hindustan Unilever turn ex-dividend today 22 June 2016 for final dividend of Rs 9.50 per share for the year ended 31 March 2016.Jindal Steel & Power JSPL announced after market hours yesterday 21 June 2016 that its board approved issuance of non-convertible debentures NCDs upto Rs 5000 crore. It also approved issuance of further securities upto Rs 5000 crore.Tech Mahindra announced after market hours yesterday 21 June 2016 th \n \n END SESSION: Market Ends With Small Decline Ahead Of Brexit Referendum \n Key benchmark indices logged small decline in volatile trading session. The barometer index the S&P BSE Sensex fell 47.13 points or 0.18% to settle at 26765.65. The Nifty 50 index fell 16.20 points or 0.20% to settle at 8203.70. Trading on the bourses was confined to a small range today 22 June 2016 ahead of the key event in the UK and Europe of the Brexit referendum tomorrow 23 June 2016.Index heavyweight and cigarette major ITC dropped. Private bank stocks were mixed. PSU bank stocks declined. Pharmaceutical stocks were mixed. Auto stocks were mostly lower.Most metal shares edged lower. Telecom stocks edged lower.The Sensex fell 47.13 points or 0.18% to settle at 26765.65 its lowest closing level since 17 June 2016. The Sensex rose 74.51 points or 0.28% at the days high of 26887.29. The index fell 195.33 points or 0.73% at the days low of 26617.45.The Nifty 50 index fell 16.20 points or 0.20% to settle at 8203.70 its lowest closing level since 17 June 2016. The Nifty rose 18.45 points or 0.22% at the days high of 8238.35. The index fell 66.65 points or 0.81% at the days low of 8153.25.The market breadth indicating the overall health of the market was weak. On BSE 1594 shares fell and 987 shares rose. A total of 199 shares were unchanged. The BSE Mid-Cap index fell 0.12%. The decline in this index was lower than the Sensexs decline in percentage terms. The BSE Small-Cap index fell 0.6%. The decline in this index was higher than the Sensexs decline in percentage terms.Among the sectoral indices on BSE the S&P BSE Industrials index down 0.79% the S&P BSE Auto index down 0.77% the S&P BSE Telecom index down 0.68% the S&P BSE Utilities index down 0.66% the S&P BSE FMCG index down 0.57% the S&P BSE Capital Goods index down 0.4% the S&P BSE Basic Materials index down 0.39% the S&P BSE Power index down 0.34% underperformed the Sensex. The S&P BSE Oil & Gas index down 0.17% the S&P BSE Consumer Discretionary Goods & Services index down 0.16% the S&P BSE Finance index down 0.15% the S&P BSE IT index down 0.12% the S&P BSE Energy index down 0.09% the S&P BSE Bankex down 0.09% the S&P BSE Consumer Durables index down 0.08% the S&P BSE Metal index up 0.02% the S&P BSE Realty index up 0.24% and the S&P BSE Healthcare index up 0.42% outperformed the Sensex. The S&P BSE Teck index fell 0.18% matching the Sensexs fall in percentage terms.In the overseas market European and most Asian stoc ",
WriteIf(DateNum()== 1160623 , " PRE SESSION:  Market May See Volatility Ahead Of Brexit Referendum \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 15.20 points at the opening bell.In overseas markets Asian stocks were mixed today 23 June 2016 following losses in US stocks as investors remained on edge ahead of the UK vote on whether to leave the European Union EU.US stocks finished slightly lower yesterday 22 June 2016 as polls showed the outcome of a UK referendum on whether to leave the EU remained too close to call a day ahead of the vote. An online survey showed 45% of respondents are in favor of ditching the EU while 44% prefer to stay. Nine percent of voters were undecided.The key event in the UK and Europe is the Brexit referendum later in the global day today 23 June 2016 where British voters will decide whether the country should remain a member of the EU or leave it.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 41.10 crore yesterday 22 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 361.34 crore yesterday 22 June 2016 as per provisional data.Among corporate news Bharti Airtel announced before market hours today 23 June 2016 that Orange has completed the acquisition of 100% of the operations of Airtel in Burkina Faso via its subsidiaries. The company shall update the exchange regarding the process for Sierra Leone as and when it is completed.Lupin announced after market hours yesterday 22 June 2016 that it has received final approval for its Amabelz Tablets Estradiol and Norethindrone Acetate Tablets USP 0.5 mg/0.1 mg and 1mg/0.5 mg from the United States Food and Drug Administration FDA to market a generic version of Amneal Pharmaceuticals Activella Tablets Estradiol and Norethindrone Acetate Tablets USP 0.5 mg/0.1 mg and 1 mg/ 0.5 mg.Lupins Amabelz Tablets Estradiol and Norethindrone Acetate Tablets USP 0.5 mg/0.1 mg and 1 mg/0.5mg are the AB rated gene \n \n END SESSION: Sensex Reclaims 27000 Mark Ahead Of Brexit-Vote Outcome \n Gains in European stocks triggered by a pair of opinion polls predicting that British voters will vote for Britain to remain in the European Union in a landmark referendum aided the upmove on the domestic bourses. The barometer index the S&P BSE Sensex gained 236.57 points or 0.88% to settle at 27002.22. The Nifty 50 index rose 66.75 points or 0.81% to settle at 8270.45. The Sensex regained the psychologically important 27000 mark. Banking stocks and index heavyweights ITC and Infosys led the gains for the two key benchmark indices. The Sensex and the Nifty both attained their highest closing level in more than two weeks.Tata Motors and Tata Steel edged higher after a pair of opinion polls released yesterday 22 June 2016 ahead of the Brexit referendum on European Union membership suggested the remain camp is gaining momentum. Sun Pharmaceutical Industries moved higher ahead of the companys board meeting today 23 June 2016 for evaluating a proposal of buyback of equity shares of the company. Lupin nudged higher after the company received final approval from the United States Food and Drug Administration FDA to market a generic version of Amneal Pharmaceuticals Activella Tablets.Jain Irrigation Systems surged on reports that a foreign brokerage has upgraded its rating on the stock to overweight from equal-weight on robust earnings growth forecast. KEC International moved higher after the companys announcement that it has secured new orders worth Rs 1036 crore.In overseas stock markets European stocks edged higher after a pair of opinion polls released yesterday 22 June 2016 ahead of the Brexit referendum on European Union membership suggested the remain camp is gaining momentum. In UK the FTSE 100 was currently up 1.5%. Voting began in the landmark British referendum to determine whether the UK remains a member of the European Union EU dubbed Brexit. Voting in the referendum will close at 10 p.m. London time. Referendum results from the first counting areas are expected around 12:30 a.m. London time on Friday 24 June 2016.Trading in US index futures indicated that the Dow Jones Industrial Average could jump 168 points at the opening bell today 23 June 2016. US stocks finished slightly lower yesterday 22 June 2016 as opinion polls showed the outcome of a UK referendum on whether to leave the European Union remained too close to call. If the UK votes to leave the EU it could send British pound and euro tumbling with ripple effects ",
WriteIf(DateNum()== 1160624 , " PRE SESSION:  Market May Slump At Opening Bell \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 192.70 points at the opening bell as early results from the Brexit referendum surprised investors and sent them rushing back to haven assets.The UKs vote on whether the country should stay in or leave the European Union EU is quickly becoming a make or break event for global markets. Global markets had initially reacted positively as voting came to a close. British referendum to determine whether the UK remains a member of the EU is dubbed Brexit. Voting in the referendum closed at 10 p.m. London time yesterday 23 June 2016. Early voting returns suggested UK was on the brink of leaving the EU threatening the existence of the entire bloc and its single currency. Early official results showed the margins were tight but pointing to a leave.In overseas markets Asian markets tumbled today 24 June 2016 as investors reacted nervously to early results from the UK referendum on whether to leave the EU. A stronger showing by the leave vote triggered selling of shares in companies that have strong business ties with the UK. In the foreign exchange market the yen -- considered a safe-haven currency -- strengthened to 103 against the dollar on fears of a looming Brexit.US stocks closed higher yesterday 23 June 2016 with all three indexes rallying as investors wagered that the UK will choose to remain in the EU in a historic referendum.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 81.87 crore yesterday 23 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 203.56 crore yesterday 23 June 2016 as per provisional data.Among corporate news Sun Pharmaceutical Industries announced after market hours yesterday 23 June 2016 that its board approved buyback of the companys equity shares. The company will buyback 75 lakh shares from the public at a pr \n \n END SESSION: Market Tumbles As UK Votes To Leave EU In Historic Brexit Referendum \n Metal capital goods and banking stocks led sharp losses for the two key benchmark indices triggered by the outcome of a British referendum showing UK had voted to leave the European Union EU. The barometer index the S&P BSE Sensex fell 604.51 points or 2.24% to settle at 26397.71. The Nifty 50 index fell 181.85 points or 2.2% to settle at 8088.60. Nevertheless the two key benchmark indices staged a strong recovery from a massive intraday slide triggered by a selloff in global stocks. Global stocks tumbled after Britain voted to leave the EU in a historic referendum. Global stocks had risen recently as investors bet that Britons would vote to reject Brexit or a British exit from the European Union.The Nifty regained the psychologically important 8000 mark after falling below that level in intraday trade. The Sensex regained the psychologically important 26000 level. Earlier the Sensex first fell below the psychologically important 27000 and then below the next psychologically important 26000 level. After opening with a downward gap the Sensex and the Nifty hovered in negative zone throughout the trading session. The Nifty hit its lowest level in more than four weeks on intraday basis as well as on closing basis. The Sensex hit its lowest level in more than four weeks in intraday trade. The barometer hit its lowest closing level in more than a week.The broad market depicted weakness. More than two stock fell for each stocks that rose on BSE. 1833 shares fell and 690 shares rose. A total of 157 shares were unchanged. A number of stocks constituting the broad based BSE Small-Cap index registered losses exceeding 3% for the day. From a total of 761 stocks forming part of the BSE Small-cap index 625 stocks ended in the negative zone. The BSE Small-Cap index fell 1.46%. The BSE Mid-Cap index fell 1.07%. The decline in both these indices was lower than the Sensexs decline in percentage terms. All the nineteen sectoral indices on BSE registered losses.Metal shares slumped as copper prices fell in global commodities markets. Car major Maruti Suzuki India dropped as the Japanese yen strengthened against the dollar after results from the UKs referendum on its European Union membership showed the country had voted to leave the trading bloc. Stocks of companies involved in oil exploration and production activities fell as global crude oil prices dropped. Sun Pharmaceutical Industries survived the broad market decline after the company announced share  ",
WriteIf(DateNum()== 1160627 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening lower on negative global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 78 points at the opening bell.In overseas stock markets Asian stocks were mixed as investors continued to digest the UKs unexpected vote to leave the European Union EU. US stocks plunged on Friday 24 June 2016 after Britain surprised markets by voting to leave the EU.A statement from the European Commission after a meeting at Brussels Belgium between Martin Schulz President of the European Parliament Donald Tusk President of the European Council and Mark Rutte Holder of the Presidency of the Council of the European Union EU on 24 June 2016 said that the union of the remaining 27 member states of the EU will continue after British people voted in favour of United Kingdom leaving the EU. The EU stands ready to launch negotiations swiftly with the UK regarding the terms and conditions of UKs withdrawal from the EU. The statement further mentioned that the EU now expects the UK government to give effect to this decision of the British people as soon as possible. Any delay would unnecessarily prolong uncertainty. The EU hopes that the UK becomes a close partner of the EU in the future.The Governor of UKs central bank Bank of England Mark Carney said in a statement on 24 June 2016 that there will be a period of uncertainty and adjustment after people of the UK voted for the UK to leave the European Union. It will take some time for the UK to establish new relationships with Europe and the rest of the world. Some market and economic volatility can be expected as this process unfolds. Carney said that the Bank of England stands ready to provide more than £250b billion of additional funds through its normal facilities to support the functioning of markets. The Bank of England also stands ready to provide substantial liquidity in foreign currency if required. A few months ago the Bank of England judged th \n \n END SESSION: Benchmark Indices Eke Out Minuscule Gains \n Amid a divergent trend among various index constituents the two key benchmark indices settled near the flat line. The barometer index the S&P BSE Sensex rose 5.25 points or 0.02% to settle at 26402.96. The Nifty 50 rose 6.10 points or 0.08% to settle at 8094.70. Volatility was high throughout the session. IT stocks extended losses registered during the previous trading session triggered by the UK voting to leave in the European Union in a historic referendum on 23 June 2016.Engineering & construction major L&T moved higher after the companys announcement that its construction division has secured orders worth Rs 2416 crore across various business segments in this month so far. Tata Steel extended losses registered during the previous trading session triggered by the UK voting to leave the European Union EU in a referendum on 23 June 2016. Stocks of public sector oil marketing companies PSU OMCs edged higher on fall in global crude oil prices.The broad market depicted strength. More than two stocks rose for each stock that fell on BSE. 1820 shares rose and 788 shares declined. A total of 179 shares were unchanged. A number of stocks forming part of the broad based BSE Small-Cap index registered gains exceeding 3% for the trading session. Nearly 80% of the stocks forming part of the BSE Small-Cap index ended higher. The BSE Small-Cap index rose 1.52%. The BSE Mid-Cap index rose 0.80%. Both these indices outperformed the Sensex.Meanwhile global credit rating agency Moodys Investors Service reportedly said in a note that the Indian governments recent decision to relax foreign direct FDI investment rules in sectors including defence aviation and retail is credit positive for its Baa3 sovereign rating on India because the move demonstrates a continuation of reform momentum and paves the way for private investment and a boost in productivity. The rating agency simultaneously warned that reforms have stalled in passing a revamped goods and services tax and land acquisition rules according to media reports. Moodys reportedly expects that political division in India will keep the reform process uneven and slow-moving. Moodys currently rates India at Baa3 the lowest investment-grade rating with a positive outlook.In overseas stock markets key equity benchmark indices in UK Germany and France extended steep losses registered during the previous trading session on Friday 24 June 2016 triggered by the UK voting to leave the European Union E ",
WriteIf(DateNum()== 1160628 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening lower on negative global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 15 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. US stocks closed sharply lower yesterday 27 June 2016 extending previous trading sessions post-Brexit sell-off with materials leading decliners. Activity in the US services sector remained subdued in June according to preliminary data released yesterday 27 June 2016. In a report market research group Markit said that its flash services purchasing managers index PMI remained unchanged at 51.3 in June.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 146.11 crore yesterday 27 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 147.07 crore yesterday 27 June 2016 as per provisional data.Among corporate news interest rate sensitive banking automobile and real estate stocks will be in focus after the finance ministry announced that it has initiated the process to constitute Monetary Policy Committee MPC under the Reserve Bank of India Act 1934. Out of the six members of MPC three members will be from the Reserve Bank of India RBI including the RBI Governor who will be the ex-officio Chairperson of the MPC the Deputy Governor RBI and one officer of RBI. The other three members of MPC will be appointed by the central government on the recommendations of a Search-cum-Selection Committee which will be headed by the Cabinet Secretary. These three members of MPC will be experts in the field of economics or banking or finance or monetary policy and will be appointed for a period of 4 years and will not be eligible for re-appointment. The meetings of the MPC will be held at least 4 times a year and the MPC will publicise its decisions after each meeting. A committee-based approach will add a lot of va \n \n END SESSION: Benchmark Indices Edge Higher For Second Straight Session \n A recovery in European stocks and gains in US index futures aided the upmove on the domestic bourses. The barometer index the S&P BSE Sensex rose 121.59 points or 0.46% to settle at 26524.55. The Nifty 50 index rose 33.15 points or 0.41% to settle at 8127.85. The Sensex and the Nifty edged higher for the second straight trading session. Italian banks led gains in European stocks after reports that the Italian government is looking at adding €40 billion $44 billion to protect the countrys financial system in the wake of the UKs vote to leave the European Union last week. Sixteen out of a total of nineteen sectoral indices on BSE ended higher.Metal and mining stocks edged higher as copper prices rose in global commodities markets. Idea Cellular moved higher after the company said in an analysts meet presentation submitted to the stock exchanges that the company is gaining both revenue and traffic share in both mobile voice and data segments. IT stocks extended recent losses triggered by concerns that losses for the British pound and euro in the wake of the UKs vote last week to leave the European Union EU will adversely impact Indian IT companies revenue in dollar terms.The market breadth indicating the overall health of the market was strong. On BSE 1596 shares rose and 999 shares declined. A total of 191 shares were unchanged. The BSE Mid-Cap index rose 0.48%. The BSE Small-Cap index rose 0.79%. Both these indices outperformed the Sensex.In overseas stock markets Italian banks led gains in European equities after reports that the Italian government is looking at adding €40 billion $44 billion to protect the countrys financial system in the wake of the UKs vote to leave the European Union last week. European stocks had witnessed heavy losses in the preceding two trading sessions after the UKs vote to exit the European Union in a historic referendum on 23 June 2016. Stocks recovered in the UK tracking a recovery in British pound against the dollar. The FTSE 100 index was currently up 2.34%. The pound had witnessed a massive slide in the preceding two trading sessions in the wake of the UKs vote to leave the European Union.Meanwhile global credit rating agency Standard & Poors Global Ratings yesterday 27 June 2016 lowered its long-term foreign and local currency sovereign credit ratings on the United Kingdom to AA from AAA after Britain last week voted to leave the European Union in a historic referendum known as Brexit. S&P said  ",
WriteIf(DateNum()== 1160629 , " PRE SESSION:  Market May Open Higher On Positive Global Cues \n  Market may edge higher in early trade tracking positive global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 25 points at the opening bell.In overseas stock markets Asian stocks edged higher following overnight gains on Wall Street as jitters eased after the UKs vote to leave the European Union EU spurred global sell-off. US stocks registered strong gains yesterday 28 June 2016 lifted by gains in oil prices as investors looked for bargains after the Brexit sell-off.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 190.43 crore yesterday 28 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 242.71 crore yesterday 28 June 2016 as per provisional data.Among corporate news L&T announced before market hours today 29 June 2016 that the Red Herring Prospectus filed by the companys subsidiary L&T Infotech with the Registrar of Companies Maharashtra for an offer for sale OFS of shares by L&T has been approved on 28 June 2016. The offer will open for subscription on 11 July 2016 and close on 13 July 2016.HDFC Bank turns ex-dividend today 29 June 2016 for dividend of Rs 9.50 per share for the year ended 31 March 2016.Havells India turns ex-dividend today 29 June 2016 for final dividend of Rs 3 per share for the year ended 31 March 2016.Dabur India turns ex-dividend today 29 June 2016 for final dividend of Rs 1 per share for the year ended 31 March 2016.A recovery in European stocks and gains in US index futures aided the upmove on the domestic bourses yesterday 28 June 2016. The barometer index the S&P BSE Sensex rose 121.59 points or 0.46% to settle at 26524.55.Other StoriesMarket may open slightly lower   7-Jul  08:46Market may open slightly lower   5-Jul  08:34Market may extend recent gains   4-Jul  08:43Market may open higher on strong global cues   1-Jul  08:27Market ma \n \n END SESSION: Sensex Nifty Attain Highest Closing Level In Almost A Week \n A recovery in global stocks from losses triggered by last weeks unexpected outcome of the UK referendum for the country to leave the European Union EU aided gains on the domestic bourses. The barometer index the S&P BSE Sensex rose 215.84 points or 0.81% to settle at 26740.39. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty 50 index rose 76.15 points or 0.94% to settle at 8204. With third straight day of gains the Sensex and the Nifty both attained their highest closing level in almost a week. World stocks rose on speculation that central banks in the UK Japan and the European Central Bank may boost monetary stimulus to counter a potential drag on the global economy from the UKs vote to leave the European Union known as Brexit. With the lone exception of the BSE FMCG index all the other sectoral indices on BSE ended in positive zone.The broad market depicted strength. There were more than two gainers against every loser on BSE. 1851 shares rose and 751 shares declined. A total of 186 shares were unchanged. A number of stocks forming part of the broad based BSE Small-Cap index registered gains exceeding 3% for the trading session. Almost 76% of the stocks forming part of the BSE Small-Cap index and nearly 77% of the stocks forming part of the BSE Mid-Cap index ended higher. The BSE Small-Cap index rose 1.31%. The BSE Mid-Cap index rose 0.98%. Both these indices outperformed the Sensex.Realty and auto stocks edged higher on reports the Union Cabinet has approved 7th Pay Commissions proposal to raise salaries and pensions for central government employees. The DLF stock got additional boost from media reports that promoter KP Singh and his family has decided to wipe out the companys debt in a two-step transaction. Bosch surged after the company said that a meeting of its board of directors will be held on 1 July 2016 to consider a proposal for buyback of the companys equity shares.Metal and mining stocks edged higher on reports that the Union Cabinet has cleared the National Mineral Exploration Policy NMEP that would allow private companies to carry out standalone exploration for the first time. IT stocks recovered from recent losses triggered by concerns that losses for the British pound and euro in the wake of the UKs vote last week to leave the European Union EU will adversely impact Indian IT companies revenue in dollar terms.In overseas stock markets European stocks extended gai ",
WriteIf(DateNum()== 1160630 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Market may see higher opening triggered by strong global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 56 points at the opening bell.In overseas stock markets Asian stocks edged higher tracking overnight rally on Wall Street. Latest data showed that Japans industrial output slid in May 2016 at the fastest rate in three months to its lowest level since June 2013. Industrial output declined 2.3% on month in May. US stocks registered strong gains yesterday 29 June 2016 helped by gains in oil prices as global markets recovered for a second day from their post-Brexit plunge.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 102.91 crore yesterday 29 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 20.19 crore yesterday 29 June 2016 as per provisional data.Among corporate news metal and mining stocks will be in focus after the Union Cabinet yesterday 29 June 2016 approved the National Mineral Exploration Policy NMEP. The NMEP primarily aims at accelerating the exploration activity in the country through enhanced participation of the private sector.Coal India CIL announced that it has signed two agreements with Solar Energy Corporation of India SECI for implementation of 200 megawatts MW solar power project in Madhya Pradesh for the beneficial utilisation of 100 MW solar power by Northern Coalfields NCL and 100 MW by South Eastern Coalfields both subsidiaries of CIL at an estimated cost of Rs 650 crore each. The announcement was made after market hours yesterday 29 June 2016.On the macro front the Union Cabinet yesterday 29 June 2016 approved the implementation of the recommendations of 7th Central Pay Commission CPC on pay and pensionary benefits of central government employees. It will come into effect from 1 January 2016. The recommendations will benefit over 1 crore emp \n \n END SESSION: Nifty Attains Highest Closing Level In More Than 8 Months \n Stocks of power sector firms telecom companies and private sector banks led gains for the two key benchmark indices. The barometer index the S&P BSE Sensex rose 259.33 points or 0.97% to settle at 26999.72. The Nifty 50 index rose 83.75 points or 1.02% to settle at 8287.75. After opening with an upward gap the two key benchmarks hovered in positive territory throughout the trading session. The Sensex settled a tad below the psychologically important 27000 level after surpassing that mark in intraday trade. The Sensex and the Nifty edged higher for the fourth straight trading session. The Sensex attained one-week closing high. The Nifty hit its highest level in more than 8 months. All the nineteen sectoral indices on BSE ended in green.A likely boost to consumption demand from increase in salaries and payment of arrears to government employees due to the implementation of the 7th Pay Commission recommendations aided the upmove on the bourses. The Union Cabinet yesterday 29 June 2016 approved the implementation of the recommendations of 7th Central Pay Commission CPC on pay and pensionary benefits. The recommendations will benefit over 1 crore employees. This includes over 47 lakh central government employees and 53 lakh pensioners. There will be payment of arrears as the implementation of the 7th Pay Commission recommendations will take effect from 1 January 2016. The arrears of pay and pensionary benefits will be paid during the current financial year 2016-17 itself unlike in the past when parts of arrears were paid in the subsequent financial year.Gains in global markets also aided the upmove on the domestic bourses. World stocks rose as worries subsided about the fallout from the UKs decision to leave the European Union known as Brexit. Stocks rose in the UK ahead of a press conference from Bank of England BOE Governor Mark Carney later in the day. The FTSE 100 index was currently up 0.52%. US stocks surged for the second day in a row yesterday 29 June 2016 on speculation that the US Federal Reserve will delay interest rate increases in the wake of the Brexit.Auto stocks edged higher for the second day in a row after the Union Cabinet approved the implementation of the recommendations of 7th Central Pay Commission CPC on pay and pensionary benefits. Realty shares also extended gains registered during the previous trading session triggered by expectations that demand for new homes will rise as a result of the increase in salaries and  ",
WriteIf(DateNum()== 1160701 , " PRE SESSION:  Market May Open Higher On Strong Global Cues \n  Market is seen opening higher tracking positive sentiment in Asian markets and overnight gains on Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 94.50 points at the opening bell.In overseas stock markets Asian stocks edged higher tracking overnight gains on Wall Street. In mainland China the Shanghai Composite was currently up 0.33%. Latest data showed that the manufacturing momentum in the worlds second largest economy skidded to a four-month low in June. Chinas official manufacturing Purchasing Managers Index PMI came in at 50 last month against 50.1 logged in May and April. In Japan the Nikkei 225 Average was currently up 0.67%. The manufacturing sector in Japan continued to contract in June albeit at a slower pace the latest survey from Nikkei showed. Manufacturing PMI came in at 48.1 in June up from Mays 47.7. US stocks gained for the third day in a row yesterday 30 June 2016 recovering from the post-Brexit sell-off.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1107.42 crore yesterday 30 June 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 190.76 crore yesterday 30 June 2016 as per provisional data.Among corporate news shares of public sector oil marketing companies PSU OMCs will be in focus after announcing a decrease in petrol and diesel prices. Indian Oil Corporation IOCL yesterday 30 June 2016 announced a decrease in the price of petrol and diesel with effect from the midnight of 30 June/1 July 2016. Petrol price was decreased by Rs 0.89 per litre and diesel price was decreased by Rs 0.49 a litre at Delhi including state levies with corresponding price revision in other states. After the latest revision petrol in Delhi costs Rs 64.76 per litre and diesel costs Rs 54.70 a litre.Maruti Suzuki India MSIL announced after market hours yesterday 30 June 2 \n \n END SESSION: Nifty Hits Highest Closing Level In More Than 10 Months \n Stocks of public sector companies and index heavyweight ITC led the latest upmove for the two key benchmark indices with the barometer index the S&P BSE piercing the psychologically important 27000 level. The barometer index the S&P BSE Sensex rose 145.19 points or 0.54% to settle at 27144.91. The Nifty 50 index rose 40.60 points or 0.49% to settle at 8328.35. The Sensex and the Nifty edged higher for the fifth straight trading session. The Nifty hit its highest closing level in more than ten months. The Sensex hit its highest closing level in more than eight months. The market sentiment was positive on the back of data showing substantial purchases of Indian stocks by foreign portfolio investors FPIs yesterday 30 June 2016. FPIs bought shares worth a net Rs 1107.42 crore yesterday 30 June 2016 as per provisional data released by the stock exchanges.The Sensex and the Nifty hovered in positive terrain throughout the trading session after opening with upward gap.Stocks of public sector oil marketing companies PSU OMCs surged on decline in global crude oil prices. Mahindra & Mahindra edged higher after the company reported good growth in auto and tractor sales in June 2016. Maruti Suzuki India MSIL declined after the company reported decline in total sales in June 2016. L&T rose on media reports that it has secured a large order from Indias defence ministry. City gas distribution company Mahanagar Gas made a strong debut in the secondary equity market.In overseas stock markets main European markets witnessed a mixed trend. Stocks edged higher in the UK for the second day in a row after Bank of England Governor Mark Carney said the UK economic outlook in has deteriorated and some monetary policy easing will likely be required over the summer. The FTSE 100 index was currently up 0.39%. Carney made the comments yesterday 30 June 2016 in a speech to businesspeople and bankers.Asian stocks edged higher tracking overnight gains on Wall Street. In mainland China the Shanghai Composite closed 0.1% higher. Latest data showed that the manufacturing momentum in the worlds second largest economy skidded to a four-month low in June. Chinas official manufacturing Purchasing Managers Index PMI came in at 50 last month against 50.1 logged in May and April. US stocks rose for a third straight trading session yesterday 30 June 2016 on mounting expectations for more accommodative policies from global central banks following the UKs vote to leave  ",
WriteIf(DateNum()== 1160704 , " PRE SESSION:  Market May Extend Recent Gains \n  Key benchmark indices may extend recent gains tracking firmness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 40.70 points at the opening bell.In overseas stock markets Asian stocks edged higher after recouping early losses led by gains in Chinese stocks. In mainland China the Shanghai Composite was currently up 1.5%. In Hong Kong the Hang Seng index was currently up 1.75%. US stocks rose for a fourth day on Friday 1 July 2016 with the S&P 500 Index posting its best week since November amid optimism on American growth and as central banks continued to signal support in staving off fallout from Britains decision to leave the European Union. US market will remain shut today 4 July 2016 on account of Independence Day.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 187.51 crore on Friday 1 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 907.05 crore on Friday 1 July 2016 as per provisional data.Among corporate news Hero MotoCorp said its motorcycle sales rose 1.32% to 5.49 lakh units in June 2016 over June 2015. The company said it reported sales growth of 6.07% to 17.45 lakh units in Q1 June 2016 over Q1 June 2015 in spite of subdued rural demand.The company said it will soon introduce Splendor iSmart 110 motorcycle in the market - the first motorcycle to have been completely developed by the in-house research and development R&D team at Hero MotoCorp.The company further added that with the implementation of the 7th Pay Commission and the forecast of the above-average monsoon it is optimistic about a pick-up in sales momentum. The announcement was made after market hours on Friday 1 July 2016.Tata Motors said that its total passenger and commercial including exports rose 8% to 44276 vehicles in June 2016 over June 2015. Domestic sales of Tata commercial and passen \n \n END SESSION: Market Gains For The Sixth Straight Session \n A pick up in monsoon rains during the weekend helped Indian stocks extend their winning streak. The barometer index the S&P BSE Sensex rose 133.85 points or 0.49% to settle at 27278.76. The Nifty 50 index rose 42.35 points or 0.51% to settle at 8370.70. The Sensex and the Nifty edged higher for the six straight trading session. The Nifty hit its highest closing level in more than ten months. The Sensex hit its highest closing level in more than eight months. With the lone exception of the BSE FMCG index all the other sectoral indices on BSE registered gains. Gains in Asian stocks also aided the upmove on the domestic bourses. The Sensex and the Nifty hovered in positive zone throughout the trading session after opening with upward gap.The market sentiment was positive after pick up of monsoon rains during the weekend. The monsoon rains have reportedly covered nearly all of India except some parts of Gujarat and Rajasthan. Rainfall has picked up in central and northern India in the last few weeks helping to narrow the rainfall deficit in the current season to 6% sharply down from 18% in the first week of June. The India Meteorological Department IMD has forecast rains to be above normal in July and August 2016. The quantum of the rainfall and its spatial and temporal distribution are critical for the countrys agriculture. Around 70% of the countrys farmlands are rain-fed.Aviation stocks rose after the government announced draft regional connectivity scheme to promote regional air connectivity. Bajaj Auto fell after the company reported decline in sales in June 2016. Tata Motors rose after the company reported increase in sales in June 2016. Tata Steel rose after the company on provisional basis reported increase in saleable steel production in Q1 June 2016. Bosch edged lower after the companys board of directors approved buyback of equity shares at a price close to the ruling market price. Adani Ports and Special Economic Zone rose after the companys announcement that it is considering the acquisition of TM Harbour Services.State Bank of India SBI edged higher after the state-run bank announced that it has sold 5% stake in National Stock Exchange of India NSE for Rs 911.25 crore. Reliance Industries edged higher after the company and SBI signed shareholders agreement for setting up payments bank. L&T extended gains registered during the previous trading session triggered by media reports that the company has secured an order worth Rs 4500  ",
WriteIf(DateNum()== 1160705 , " PRE SESSION:  Market May Open Slightly Lower \n  Key indices may open lower tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 21 points at the opening bell. The domestic bourses will remain shut tomorrow 6 July 2016 on account of Id-Ul-Fitr Ramzan Id.In overseas stock markets Asian stocks edged lower on profit booking as investors took stock after a recent rally driven by the hope that central banks will provide stimulus to offset a likely downturn triggered by Brexit. Activity in Chinas services sector rose to an 11-month high in June a private survey showed today 5 July 2016. The Caixin/Markit services purchasing managers index PMI for June rose to 52.7 from 51.2 in May on a seasonally adjusted basis. Readings above 50 indicate an expansion on a monthly basis while readings below signal contraction. US market remained shut yesterday 4 July 2016 on account of Independence Day.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 182.28 crore yesterday 4 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 377.45 crore yesterday 4 July 2016 as per provisional data.Among corporate news Grasim Industries announced after market hours yesterday 4 July 2016 that the operations at its staple fibre plant at Nagda have resumed in a phased manner with immediate effect in the wake of availability of water with the onset of monsoon. Grasim had last month announced temporary suspension of production of viscose staple fibre VSF at its Nagda plant from 5 June 2016 due to shortage of water.Adani Ports and Special Economic Zone said before market hours today 5 July 2016 that the company has raised Rs 252 crore yesterday 4 July 2016 by allotment of 2520 rated listed secured taxable redeemable non-convertible debentures NCDs of the face value of Rs 10 lakh each on private placement basis.Shares of Ultra Tech C \n \n END SESSION: Market Slides On Weak Global Cues \n Auto stocks and index heavyweight Infosys led losses for key benchmark indices triggered by weak global cues. The barometer index the S&P BSE Sensex lost 111.89 points or 0.41% to settle at 27166.87. The Nifty 50 index shed 34.75 points or 0.42% to settle at 8335.95. Data showing deceleration in growth in Indias services sector in June 2016 also weighed on sentiment with the Sensex and the Nifty snapping a six-day winning streak.Jaiprakash Associates rose a staggering 27.97% in a single trading session after the companys announcement that it has sold its cement plants spread across five states to UltraTech Cement for enterprise value of Rs 16189 crore. Engineering and construction major L&T eked out small gains after the companys announcement that its joint venture companies L&T-MHPS Boilers Private and L&T-MHPS Turbine Generators Private Limited have won export orders worth a combined $71.30 million. Shares of state-run coal mining giant Coal India gained after the company announced that a meeting of the board of directors of the company will be held on 11 July 2016 to consider a proposal of buyback of equity shares. Shares of IDBI Bank shrugged off reduction in lending rates based on marginal cost of funds. Ashok Leyland fell after a domestic brokerage reportedly downgraded the stock to sell citing signs of demand moderation in commercial vehicles segment.The outcome of a monthly survey showed that growth in Indias services sector decelerated in June 2016 due to a softer expansion in new work. The Nikkei India Services Business Activity Index dropped to 50.3 in June 2016 from 51 in May 2016. Anecdotal evidence suggested that strong competitive pressures restricted new business gains. A faster increase in input costs contrasted with a slowdown in charge inflation. According to respondents activity growth over the coming year is set to be supported by aggressive marketing campaigns. Some panellists expressed concerns regarding competitive pressures.In overseas stock markets European stocks fell as fears about the fallout from Britains vote in a referendum held on 23 June 2016 to exit the European Union known as Brexit gripped the market. Asian stocks edged lower as investors became cautious ahead of the release the influential monthly US nonfarm payroll report. The US government will announce nonfarm payroll report for June 2016 on Friday 8 July 2016. Shares in mainland China bucked the weak trend in Asia after the latest data showed accele ",
WriteIf(DateNum()== 1160707 , " PRE SESSION:  Market May Open Slightly Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 20 points at the opening bell. The domestic bourses remained shut yesterday 6 July 2016 on account of Id-Ul-Fitr Ramzan Id.In overseas stock markets Asian stocks were mixed. US stocks rose yesterday 6 July 2016 recovering from previous sessions fall as the most beaten-down sectors in recent weeks logged the biggest gains. The Institute for Supply Managements nonmanufacturing purchasing managers index rose in June to its highest reading since November a turnaround from earlier in the year. The minutes from the Federal Reserves June meeting revealed a split among officials about the health of the economy and how to proceed on interest rate decisions. The officials at the June meeting sparred over the health of the labor market the outlook for growth and whether inflation is picking up. They agreed that it was “prudent to wait for additional economic data before deciding when to raise interest rates.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 265.63 crore on Tuesday 5 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 447.48 crore on Tuesday 5 July 2016 as per provisional data.Among corporate news shares of Axis Bank turn ex-dividend today 7 July 2016 for dividend of Rs 5 per share for the year ended 31 March 2016. Before turning ex-dividend the stock offered a dividend yield of 0.91% based on its closing price of Rs 543.90 on the BSE on Tuesday 5 July 2016.Shares of Reliance Industries RIL will be in focus. GenNext Hub accelerated startup Dont Scratch Your Head DSYH a SaaS-based logistics reconciliation platform for e-commerce channels has raised $250000 funding from Venture Catalysts VCats. GenNext Hub is a part of the four-month Scalerator Program backed by RIL and powered by Microsoft Accelerator India. GenNext Hub helps \n \n END SESSION: Benchmark Indices Eke Out Tiny Gains \n Gains for index heavyweights ITC HDFC and HDFC Bank outweighed losses for IT stocks with the two key benchmark indices registering minuscule to small gains. The barometer index the S&P BSE Sensex rose 34.62 points or 0.13% to settle at 27201.49. The Nifty 50 index rose 1.95 points or 0.02% to settle at 8337.90. IT stocks declined on concerns arising from the recent steep losses for the British pound against the dollar in the wake of the UKs vote last month to leave the European Union EU known as Brexit.Pharma major Lupin jumped after the company announced that it has received notification that the inspection carried out by the United States Food & Drug Administration USFDA in July 2015 at its Goa facility has been completed and that the agency has issued Establishment Inspection Reports EIR. Axis Bank eked out small gains after the Union Cabinet approved increase in the ceiling on foreign investment in the private sector bank to 74% of equity capital on a fully fungible basis from 62% earlier.In overseas stock markets European stocks edged higher after a rally on Wall Street overnight following some better US data and a bounce in oil prices helped quell the latest bout of worries triggered by the UKs vote last month to leave the European Union EU known as Brexit. Asian stocks witnessed a mixed trend. Japanese stocks fell as the yen strengthened against the dollar. The Nikkei 225 Average ended 0.67% lower. A stronger yen hurts the competitiveness of Japanese exporters.US stocks rose yesterday 6 July 2016 after a stronger-than-expected report on nonmanufacturing activity in June 2016 and after the minutes from the Federal Reserves June policy meeting confirmed dovish stance from the US central bank. The Institute for Supply Managements nonmanufacturing purchasing managers index rose in June 2016 to its highest reading since November 2015. Meanwhile the minutes from the Federal Reserves June meeting showed that the majority of policy makers were in favor of keeping rates on hold. The two-day Fed meeting on 14-15 June 2016 was held just a few days before the Brexit. The minutes showed that Fed officials saw risks to the US economy and global markets from the UKs then-upcoming vote on EU membership. Fed officials also had concerns about a possible slowdown in the US labour market.The Sensex rose 34.62 points or 0.13% to settle at 27201.49 its highest closing level since 4 July 2016. The index rose 121.35 points or 0.44% at the days hi ",
WriteIf(DateNum()== 1160708 , " PRE SESSION:  Market May Open Lower On Subdued Asian Stocks \n  Key indices may open lower tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 30.55 points at the opening bell.In overseas stock markets Asian stocks edged lower as investors awaited US jobs data to get a clearer picture of the health of the worlds biggest economy. US stocks closed mostly lower yesterday 7 July 2016 tracking sinking oil prices but the market pared losses late in the session as investors sought bargains ahead of the closely watched jobs report. Private-sector employment picked up a bit in June suggesting the weak May nonfarm-payroll report may be an anomaly Automatic Data Processing Inc. reported yesterday 7 July 2016 and initial jobless claims fell last week to a nearly three-month low showing no evidence of rising layoffs. The US government will announce nonfarm payroll report for June 2016 today 8 July 2016Closer home foreign portfolio investors FPIs sold shares worth a net Rs 299.51 crore yesterday 7 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 159.98 crore yesterday 7 July 2016 as per provisional data.Among corporate news shares of Cairn India turn ex-dividend today 8 July 2016 for final dividend of Rs 3 per share for the year ended 31 March 2016.Reliance Industries RIL will be watched. Reliance Jio Infocomm RJIL a subsidiary of RIL yesterday 7 July 2016 issued Rs 2000 crore of 5 year Non-Convertible Debentures NCDs bearing a coupon of 8.32% per annum payable annually. The issue has been assigned a rating of AAA by CRISIL and CRA. The proceeds of the issuance shall be utilized by RJIL for rolling out a digital services business in India. The announcement was made after market hours yesterday 7 July 2016.The transaction was fully subscribed within minutes of opening and was eventually over-subscribed with a total book size in excess of Rs 35 \n \n END SESSION: Sensex Nifty Hit More Than One-Week Closing Low \n Trading for the week ended on a subdued note as key benchmark indices settled lower with investors maintaining caution ahead of the US jobs data to get a clearer picture of the health of the worlds biggest economy. The barometer index the S&P BSE Sensex shed 74.59 points or 0.27% to settle at 27126.90. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty lost 14.70 points or 0.18% to settle at 8323.20. The Sensex and the Nifty both hit their lowest closing level in more than a week.In overseas stock markets European stocks edged higher in volatile trade with financial shares advancing after a tough week for the sector with the gains coming ahead of closely watched figures on the US labor market due later in the global day. Asian stocks edged lower as investors awaited US jobs data to get a clearer picture of the health of the worlds biggest economy. US stocks closed mostly lower yesterday 7 July 2016 tracking sinking oil prices but the market pared losses late in the session as investors sought bargains ahead of the closely watched jobs report. As per data released by Automatic Data Processing Inc. US private-sector employment picked up a bit in June. Meanwhile initial jobless claims fell last week to a nearly three-month low. The US government will announce nonfarm payroll report for June 2016 later in the global day today 8 July 2016.Closer home the Sensex shed 74.59 points or 0.27% to settle at 27126.90 its lowest closing level since 30 June 2016. The index lost 167.35 points or 0.61% at the days low of 27034.14. The index rose 93.33 points or 0.34% at the days high of 27294.82 its highest level since 5 July 2016.The Nifty lost 14.70 points or 0.18% to settle at 8323.20 its lowest closing level since 30 June 2016. The index lost 50.35 points or 0.6% at the days low of 8287.55. The index rose 15.40 points or 0.18% at the days high of 8353.30.The market breadth indicating the overall health of the market was negative. On BSE 1551 shares fell and 1161 shares rose. A total of 148 shares were unchanged. The BSE Mid-Cap index rose 0.11% outperforming the Sensex. The BSE Small-Cap index fell 0.17%. The decline in this index was lower than the Sensexs fall in percentage terms.The total turnover on BSE amounted to Rs 3118 crore higher than turnover of Rs 2878.18 crore registered during the previous trading session.Stocks of companies involved in oil exploration & production acti ",
WriteIf(DateNum()== 1160711 , " PRE SESSION:  A Strong Opening On The Cards \n  Key indices may open sharply higher on strong Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 101 points at the opening bell.In overseas stock markets Japanese stocks led gains in Asian stocks as investors saw solid poll results for Japans upper house as signaling new rounds of economic and political reforms by the coalition government led by Prime Minister Shinzo Abe. The Nikkei 225 was up 3.55% as exit pols showed the government increasing its majority in the upper house. US stocks rose on Friday 8 July 2016 after robust job gains last months bolstered investor sentiment on the strength of the economy. In economic data US employers in June added a seasonally adjusted 287000 jobs the strongest month of hiring since last October according to the Labor Department report. That was a sharp rebound from May when hiring sagged to 11000 the weakest reading since the economy stopped shedding jobs in 2010. Another data showed that the unemployment rate calculated from a separate survey of US households rose to 4.9% in June from 4.7% in May partly retracing its drop from 5% in April.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 330.62 crore on Friday 8 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 512.67 crore on Friday 8 July 2016 as per provisional data.Shares of Axis Bank ITC and L&T will be in focus as media reports suggested that the central government has finally made up its mind to sell minority stakes held in many listed and unlisted companies through the Specified Undertaking of the Unit Trust of India SUUTI in a bid to meet its asset-sale target. The government invited bids from bankers for the mandate to manage the stake-sale process reports suggested.SUUTI held 11.53% stake in Axis Bank 11.14% in ITC and 8.15% stake in L&T as per the shareholding pattern as \n \n END SESSION: Sensex Nifty Hit Almost 11-Month Closing High \n Banking auto sector stocks and index heavyweights HDFC ITC and Infosys led rally for the two key benchmark indices triggered by firm global stocks. The Sensex jumped 499.79 points or 1.84% to settle at 27626.69. The gains for the Nifty 50 index were lower than those for the Sensex in percentage terms. The Nifty gained 144.70 points or 1.74% to settle at 8467.90. The Sensex and the Nifty both struck their highest closing level in almost 11 months. The Sensex and the Nifty hovered in positive zone throughout the trading session after opening with upward gap. All the nineteen sectoral indices on BSE registered gains.World stocks edged higher as stronger-than-expected US jobs report suggested that the US economic recovery was back on track. Global markets were also boosted by the election in Japan over the weekend. With continued uncertainty over the fallout of the UKs Brexit vote and low inflation in the United States the solid US employment data for June 2016 however isnt seen prompting hike in interest rates from the US Federal Reserve any time soon. The Fed funds futures market data showed that investors are not pricing in a rate increase from the US Federal Reserve in calendar year 2016 despite the strong jobs report for June 2016. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015. A delay in interest rate increases from the Fed would slow capital flight from emerging markets.Japanese stocks surged as investors saw weekend poll results for Japans upper house as signaling new rounds of economic and political reforms by the coalition government led by Prime Minister Shinzo Abe. The Nikkei 225 Average closed 3.98% higher. In the upper house elections held yesterday 10 July 2016 Abes ruling coalition led by his Liberal Democratic Party won a landslide victory making it far easier for Abe to push through his economic agenda dubbed Abenomics.The Sensex jumped 499.79 points or 1.84% to settle at 27626.69 its highest closing level since 19 August 2015. The index jumped 520.58 points or 1.92% at the days high of 27647.48. The index rose 231.33 points or 0.85% at the days low of 27358.23.The Nifty gained 144.70 points or 1.74% to settle at 8467.90 its highest closing level since 19 August 2015. The index jumped 152.05 points or 1.83% at the days high of 8475.25. The index rose 83.85 points or 1.01% at the days low of 8407.05.All the nineteen sectoral indices on ",
WriteIf(DateNum()== 1160712 , " PRE SESSION:  Market May Open Higher \n  Key indices may open higher on positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 28 points at the opening bell. Among macro economic data the government will announce data on industrial production for May 2016 after market hours today 12 July 2016.In overseas stock markets Asian markets were positive in early trade. US stocks rose yesterday 11 July 2016 with the S&P 500 Composite index hitting an all-time intraday and closing highs after global equities received a boost from broad indications that Japan could approve fresh stimulus measures following a resounding victory from Shinzo Abes party in upper house elections over the weekend.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1055.80 crore yesterday 11 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 610.57 crore yesterday 11 July 2016 as per provisional data.Index heavyweight and housing finance major HDFC announced after market hours yesterday 11 July 2016 that it will issue its first unrated synthetic rupee denominated Notes aggregating Rs 2000 crore with an option to retain oversubscription of upto Rs 1000 crore. The bonds will bear a fixed coupon and will have a tenor of 3 years and 1 month. The company proposes to list the Notes on the London Stock Exchange. Pricing will take place on or before 15 July 2016 subject to market conditions. The settlement shall be in the next week.Coal India announced that its board of directors at a meeting held yesterday 11 July 2016 approved the buyback of equity shares not exceeding 10.89 crore shares of the company from all the shareholders holding equity shares of the company as on record date on a proportionate basis through the tender offer route at a price of Rs 335 per share payable in cash for an aggregate consideration not exceeding Rs 3650 crore which is not exc \n \n END SESSION: Nifty Hits More Than Eleven-Month Closing High \n Positive cues from global markets aided the latest upmove on the domestic bourses. The barometer index the S&P BSE Sensex rose 181.45 points or 0.66% to settle at 27808.14. The Nifty 50 index rose 53.15 points or 0.63% to settle at 8521.05. The Sensex and the Nifty hovered in positive zone throughout the trading session after opening with upward gap. Key indices gained for the second day in a row today 12 July 2016. The Sensex hit its highest closing level in almost eleven months. The Nifty hit more than eleven-month closing high.The market sentiment was positive after data showing substantial purchases of Indian stocks by foreign funds during the previous trading session. In overseas stock markets Asian and European stocks rose after better American jobs data and hopes for continued support from the worlds central banks helped power Wall Street to a record high overnight.The market sentiment was boosted after data showing substantial purchases of Indian stocks by foreign funds during the previous trading session. Foreign portfolio investors FIIs bought shares worth a net Rs 1070.10 crore from the secondary equity markets yesterday 11 July 2016 as per data from the National Securities Depository NSDL. The Sensex had surged 1.84% yesterday 11 July 2016.The Sensex rose 181.45 points or 0.66% to settle at 27808.14 its highest closing level since 19 August 2015. The index gained 202.05 points or 0.73% at the days high of 27828.74. The index rose 41.12 points or 0.15% at the days low of 27667.81.The Nifty gained 53.15 points or 0.63% to settle at 8521.05 its highest closing level since 10 August 2015. The index gained 58.70 points or 0.69% at the days high of 8526.60. The index rose 11.30 points or 0.13% at the days low of 8479.20.Among sectoral indices on BSE the S&P BSE Realty index up 2.02% the S&P BSE Metal index up 2.87% the S&P BSE Bankex up 1.62% the S&P BSE Consumer Durables index up 0.91% the S&P BSE Energy index up 0.71% the S&P BSE Basic Materials index up 1.48% the S&P BSE Finance index up 1.28% outperformed the Sensex.The S&P BSE Auto index up 0.57% the S&P BSE Industrials index up 0.15% the S&P BSE Capital Goods index up 0.25% the S&P BSE IT index down 0.03% the S&P BSE Telecom index up 0.62% the S&P BSE Teck index up 0.1% the S&P BSE Oil & Gas index up 0.41% the S&P BSE FMCG index down 0.48% the S&P BSE Power index down 0.07% the S&P BSE Consumer Discretionary Goods & Servi ",
WriteIf(DateNum()== 1160713 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 12 points at the opening bell. The market will react to index of industrial production data for May and consumer price index inflation data for June released by government after market hours yesterday 12 July 2016.On the macro front data released by government after market hours yesterday 12 July 2016 showed that Indias industrial production IIP increased 1.2% in May 2016 over May 2015 while snapping 1.4% dip recorded in the previous month. The manufacturing sector production rebounded 0.7% after two months of decline contributing to the rise in industrial output in May 2016. The mining output rose 1.3% in May 2016 but the electricity generation growth eased to five-month low of 4.7%. The IIP growth in April 2016 has been revised downwards to - 1.4% in the first revision compared with - 0.8% reported provisionally. Meanwhile the growth in February 2016 has also been revised downwards to 1.9% at the final revision from 2% at first revision as well as reported provisionally.Another data released by government after market hours yesterday 12 July 2016 showed that the all-India general consumer price index CPI inflation was flat at 5.77% in June 2016 new base 2012=100 compared with similar reading of 5.76% in May 2016. The corresponding provisional inflation rate for rural area was 6.20% and urban area 5.26% in June 2016 as against 6.45% and 4.89% in May 2016. The core CPI inflation fell to 4.39% in June 2016 from 4.49% in May 2016.In overseas stock markets Asian markets extended their rally opening higher after major US indices reached new record levels. US stocks closed higher yesterday 12 July 2016 as fears eased over Brexit and Japan signalled more economic stimulus.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 212.92 crore yesterday 12 July 2016 as per provisional data released by the stock exchanges. Domesti \n \n END SESSION: Sensex Gains For Third Straight Day \n In what was a lacklustre trading session key benchmark indices settled near the flat line after movement was confined to a narrow range around the flat line throughout the session. A divergent trend was witnessed on the domestic bourses as the barometer index the S&P BSE Sensex settled with mild gains and the Nifty 50 index closed a tad lower. The barometer index the S&P BSE Sensex rose 7.04 points or 0.03% to settle at 27815.18. The Nifty fell 1.55 points or 0.02% to settle at 8519.50. The Sensex gained for the third straight session. The Nifty snapped two-day winning streak today 13 July 2016. The Sensex hit highest closing level in almost eleven months.The Sensex rose 7.04 points or 0.03% to settle at 27815.18 its highest closing level since 19 August 2015. The index gained 120.62 points or 0.43% at the days high of 27928.76. The index fell 56 points or 0.2% at the days low of 27752.14.The Nifty fell 1.55 points or 0.02% to settle at 8519.50 its lowest closing level since 11 July 2016. The index fell 27.50 points or 0.32% at the days low of 8493.55. The index gained 29.20 points or 0.34% at the days high of 8550.25 its highest level since 11 August 2015.The market breadth indicating the overall health of the market was weak. On BSE 1727 shares fell and 1018 shares rose. A total of 164 shares were unchanged. The BSE Mid-Cap index shed 0.55%. The BSE Small-Cap index dropped 0.82%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 3931 crore higher than turnover of Rs 3310.19 crore registered during the previous trading session.Among sectoral indices on BSE the S&P BSE Realty index down 2.08% the S&P BSE Bankex down 0.29% the S&P BSE Consumer Durables index down 0.81% the S&P BSE Basic Materials index up 0.01% the S&P BSE Finance index down 0.58% the S&P BSE Auto index down 0.67% the S&P BSE Industrials index down 0.59% the S&P BSE Capital Goods index down 0.61% the S&P BSE FMCG index down 0.08% the S&P BSE Power index down 0.88% the S&P BSE Consumer Discretionary Goods & Services index down 0.63% the S&P BSE Utilities index down 0.71% and the S&P BSE Healthcare index down 0.46% underperformed the Sensex.The S&P BSE Metal index up 1.83% the S&P BSE Energy index up 0.65% the S&P BSE IT index up 0.96% the S&P BSE Telecom index up 0.09% the S&P BSE Teck index up 0.75% and the S&P BSE Oil & Gas index up 0.36% outperformed the Sensex.Index heavywei ",
WriteIf(DateNum()== 1160714 , " PRE SESSION:  Market May Open Slightly Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 9 points at the opening bell. Shares of IT major Tata Consultancy Services TCS will be in focus as the company announces its Q1 June 2016 results today 14 July 2016. On the macro front the inflation based on wholesale price index WPI for the month of June 2016 is scheduled to be released by the government today 14 July 2016.In overseas stock markets Asian markets were trading lower ahead of Bank of Englands interest rate decision later in the global day. In US stocks the S&P 500 and Dow Jones Industrial Average scored meager gains yesterday 13 July 2016 but enough to extend their run into record territory and advance for a fourth session in a row. However the tech-heavy Nasdaq Composite index took a breather following a five-session climb to end lower. Stocks got a slight bump from the US Feds beige book report released yesterday 13 July 2016 which indicated that the US economy is holding steady although consumption may be softening. The beige book is an anecdotal survey of economic conditions in the US compiled by the Feds regional banks.The Bank of England meets today 14 July 2016 and analysts expect it to lower its benchmark lending rate by a quarter of a percentage point to 0.25% to counter the fallout from the Brexit vote. In the UK Theresa May became the countrys prime minister after former leader David Cameron tendered his resignation to the Queen.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 290.53 crore yesterday 13 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 654.73 crore yesterday 13 July 2016 as per provisional data.Bajaj Auto turns ex-dividend today 14 July 2016 for final dividend of Rs 5 per share for the year ended 31 March 2016 FY 2016.Kotak Mahindra Bank turns ex-dividend today 14 July 2016 for dividend \n \n END SESSION: Sensex Gains For Fourth Straight Session \n Key benchmark indices logged decent gains in what was a volatile session of trade as upbeat European stocks boosted sentiment on the domestic bourses. The barometer index the S&P BSE Sensex rose 126.93 points or 0.46% to settle at 27942.11. The Nifty 50 index gained 45.50 points or 0.53% to settle at 8565. The Sensex hit its highest closing level in almost eleven months. The Nifty hit its highest closing level in more than eleven months. The Sensex gained for the fourth straight trading session. After trading in flat-to-negative zone for first half of the day key indices edged higher in second half.The Sensex rose 126.93 points or 0.46% to settle at 27942.11 its highest closing level since 14 August 2015. The index gained 152.59 points or 0.55% at the days high of 27967.77. The index fell 52.03 points or 0.19% at the days low of 27763.15.The Nifty rose 45.50 points or 0.53% to settle at 8565 its highest closing level since 6 August 2015. The index gained 51.90 points or 0.61% at the days high of 8571.40. The index fell 18.80 points or 0.22% at the days low of 8500.70.Among sectoral indices on BSE the S&P BSE Realty index down 0.16% the S&P BSE FMCG index up 0.42% the S&P BSE Metal index up 0.31% the S&P BSE Energy index up 0.13% the S&P BSE Teck index up 0.04% the S&P BSE Oil & Gas index up 0.27% the S&P BSE IT index down 0.17% and the S&P BSE Healthcare index down 0.28% underperformed the Sensex.The S&P BSE Bankex up 1.48% the S&P BSE Consumer Durables index up 2.16% the S&P BSE Basic Materials index up 0.88% the S&P BSE Finance index up 1.06% the S&P BSE Auto index up 0.55% the S&P BSE Industrials index up 0.86% the S&P BSE Capital Goods index up 1.01% the S&P BSE Power index up 0.75% the S&P BSE Consumer Discretionary Goods & Services index up 0.81% the S&P BSE Utilities index up 0.65% and the S&P BSE Telecom index up 0.69% outperformed the Sensex.The market breadth indicating the overall health of the market was positive. On BSE 1587 shares rose and 1100 shares declined. A total of 186 shares were unchanged. The BSE Mid-Cap index rose 0.54%. The BSE Small-Cap index gained 0.73%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 3077 crore lower than turnover of Rs 3941.25 crore registered during the previous trading session.In overseas stock markets most European stocks gained after the Bank of England kept interest rates unchanged today 14 J ",
WriteIf(DateNum()== 1160715 , " PRE SESSION:  Market May Open Higher On Positive Asian Stocks \n  The market is likely to open higher on positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 37 points at the opening bell.In overseas stock markets Asian shares rose as better-than-expected economic data from China lifted risk sentiment that was already buoyant after record highs on Wall Street. Chinas economy grew 6.7% in the second quarter from a year earlier steady from the first quarter and slightly better than expected as the government stepped up efforts to stabilise growth in the worlds second-largest economy. US stocks extended their run into the record books yesterday 14 July 2016 as the Dow Jones Industrial Average and the S&P 500 notched new closing highs on stronger-than-expected results from large financial institutions including J.P. Morgan Chase as well as upbeat economic data.In Europe the Bank of England BOE left key rates unchanged at 0.5% and no further additions to its £375 billion $501.2 billion quantitative-easing program yesterday 14 July 2016 but said most members see looser policy coming at the August meeting. The market consensus was for a 25 basis point rate cut to 0.25% which wouldve been the banks first move since 2009 on the heels of the UKs Brexit referendum in late June which sparked a rout in financial markets as well as fear of a recession in the UK and the eurozone.The BOEs meeting minutes said that in the absence of a further worsening in the trade-off between supporting growth and returning inflation to target on a sustainable basis most members of the committee expect monetary policy to be loosened in August.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 869.84 crore yesterday 14 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 874.15 crore yesterday 14 July 2016 as per provisional data.TCS consolidated net profit as pe \n \n END SESSION: Trading For The Week Ends On Negative Note \n A weak start to the earnings season weighed on the bourses with the two key benchmark indices registering small to modest losses. The barometer index the S&P BSE Sensex fell 105.61 points or 0.38% to settle at 27836.50. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty fell 23.60 points or 0.28% to settle at 8541.40. The Sensex failed to hold the psychologically important 28000 mark after moving past that mark in early trade. Index heavyweight and IT major Infosys tumbled after the company reduced revenue growth guidance in constant currency terms at the time of announcing its Q1 June 2016 results during trading hours. IT stocks fell almost across the board after Infosys cut revenue growth guidance for the full year.Index heavyweight and housing finance major HDFC moved higher after the company announced successfully raising Rs 3000 crore in first overseas issue of rupee denominated bonds by an Indian company. Engineering and construction major Larsen & Toubro edged higher after the companys announcement that it has decided to participate in the offer for sale of equity shares by way of initial public offering IPO by L&T Technology Services. Index heavyweight Reliance Industries eked out small gains ahead of the announcement of its Q1 June 2016 results.NTPC edged lower on reports that the companys employees have resorted to heavy selling of shares after lock-in period post subscription to the companys shares in the offer for sale held in February this year.The Sensex fell 105.61 points or 0.38% to settle at 27836.50 its lowest closing level since 13 July 2016. The Sensex dropped 206.24 points or 0.74% at the days low of 27735.87. The barometer index rose 106.59 points or 0.38% at the days high of 28048.70.The Nifty fell 23.60 points or 0.28% to settle at 8541.40 its lowest closing level since 13 July 2016. The Nifty fell 54.95 points or 0.64% at the days low of 8510.05. The index gained 29.80 points or 0.35% at the days high of 8594.80.The market breadth indicating the overall health of the market was weak. On BSE 1679 shares fell and 997 shares rose. A total of 200 shares were unchanged. The BSE Mid-Cap index rose 0.09% outperforming the Sensex. The BSE Small-Cap index fell 0.74%. The fall in this index was higher than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3904 crore higher than turnover of Rs 3097.36 crore registered during the previ ",
WriteIf(DateNum()== 1160718 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 21.85 points at the opening bell.In overseas markets markets in Asia were mixed today 18 july 2016 seeking direction ahead of a relatively data-light week in the region while investors had a muted reaction to the risks surrounding a failed military coup in Turkey.In the US market the Dow Jones Industrial Average edged higher on Friday 15 July 2016 to post its fourth straight record close while the S&P 500 broke its win streak as the rally lost strength ahead of the weekend. The Nasdaq Composite Index shed 4.47 points to 5029.59 but finished the week 1.5% higher.Consumer prices rose 0.2% in June—the fourth straight monthly increase—as the cost of gasoline rent and medical care continued to go up according to a government index that tracks the cost of living. Sales at US retailers rose 0.6% in June led by a surge in spending at home-and-garden centers and online stores the US government said Friday. Meanwhile a reading of New York-area manufacturing conditions retreated in July and analysts said it could be the first sign of the impact of the Brexit vote on the US economy. Business inventories rose in May while University of Michigan consumer sentiment fell to 89.5 in July.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1461.26 crore yesterday 15 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 1033.97 crore yesterday 25 May 2016 as per provisional data.Among corporate news Reliance Industries RILs consolidated net profit rose 18.1% to Rs 7113 crore on 13.4% decline in turnover to Rs 71451 crore in Q1 June 2016 over Q1 June 2015. Earnings before interest and tax EBIT margin rose by 2.41% to 10.7% in Q1 June 2016 over that from Q1 June 2015. The result was announced after market hours on Friday 15 July 2016. Decline in revenue was \n \n END SESSION: Market Registers Modest Losses \n Key benchmark indices registered modest losses in the first trading session of the week. The barometer index the S&P BSE Sensex lost 89.84 points or 0.32% to settle at 27746.66. The Nifty 50 index lost 32.70 points or 0.38% to settle at 8508.70. The Sensex settled below the psychologically important 28000 mark after flirting with that level earlier during the session. The Sensex and Nifty hit one-week closing low. Losses in public sector bank stocks and telecom stocks led losses for key indices. Market slipped into the red in late trade.Shares of public sector oil marketing companies PSU OMCs declined after announcing a slash in petrol and diesel prices. Axis Bank rose after the Reserve Bank of India RBI on Friday 15 July 2016 notified increase in foreign investment ceiling in the bank. Bharti Airtel fell after the company announced an effective reduction in pre-paid data tariffs by increasing data benefits on some of its pre-paid data recharge packs with effect from 17 July 2016.In overseas markets European stocks edged lower as investors digest a number of geopolitical events including the failed coup in Turkey. Asian stocks edged higher ahead of a relatively data-light week in the region while investors had a muted reaction to the risks surrounding a failed military coup in Turkey. In the US market the Dow Jones Industrial Average edged higher on Friday 15 July 2016 to post its fourth straight record close while the S&P 500 broke its winning streak as the rally lost strength ahead of the weekend. The Nasdaq Composite Index shed 4.47 points to 5029.59 but finished the week 1.5% higher.The Sensex lost 89.84 points or 0.32% to settle at 27746.66 its lowest closing level since 11 July 2016. The index rose 177 points or 0.63% at the days high of 28013.50. The index fell 138.81 points or 0.49% at the days low of 27697.69.The Nifty fell 32.70 points or 0.38% to settle at 8508.70 its lowest closing level since 11 July 2016. The index rose 45.70 points or 0.53% at the days high of 8587.10. The index fell 47.05 points or 0.55% at the days low of 8494.35.The BSE Mid-Cap index lost 0.62%. The BSE Small-Cap index fell 0.48%. The losses for both these indices were higher in percentage terms than those for the Sensex.The market breadth indicating the overall health of the market was weak. On BSE 1640 shares declined and 1092 shares rose. A total of 181 shares were unchanged.The total turnover on BSE amounted to Rs 3031.86 crore lower  ",
WriteIf(DateNum()== 1160719 , " PRE SESSION:  Market May Rise At Opening Bell \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 23 points at the opening bell.Investors sentiment turned positive after media reports suggested that the prospects of the Goods and Services tax GST bill seem to have brightened with government and Congress set to engage in further consultations over the long pending tax reform and the parliamentary affairs ministry planning a five-hour debate in Rajya Sabha. However the date is not set yet reports added.In overseas markets most Asian stocks edged lower today 19 July 2016 as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street. A failed coup in Turkey had dented risk sentiment and bolstered the perceived safe-haven yen before it ran its course. US stocks eked out small gains Monday 18 July 2016 pushing both the Dow Jones Industrial Average and the S&P 500 Index to fresh all-time closing highs and the Nasdaq Composite Index to its highest finish of 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 599.09 crore yesterday 18 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 439.09 crore yesterday 18 July 2016 as per provisional data.Among corporate news Tata Steel said it will seek shareholders approval at an annual general meeting AGM on 12 August 2016 for issuing non-convertible debentures NCDs on private placement basis worth Rs 10000 crore. The announcement was made after market hours yesterday 18 July 2016.FMCG major Hindustan Unilever HULs net profit rose 9.79% to Rs 1173.90 crore on 3.36% growth in total income to Rs 8235.77 crore in Q1 June 2016 over Q1 June 2015. The result hit the market during the fag end of trading hours yesterday 18 July 2016.UltraTech Cement and Wipro will announce Q1 results today 19 July 2016.Yes Bank announced before market hours today 19 July 2016 that global cre \n \n END SESSION: Market Snaps Two-Day Losing Streak \n Oil sector stocks led the upmove as the two key benchmark indices eked out small gains. The barometer index the S&P BSE Sensex rose 40.96 points or 0.15% to settle at 27787.62. The Nifty 50 index rose 19.85 points or 0.23% to settle at 8528.55. The Sensex and the Nifty alternately swung between positive and negative zone in intraday trade. The Sensex and the Nifty snapped two-day losing streak.Stocks of public sector banks PSU banks witnessed a mixed trend after the government allocated Rs 22915 crore to 13 public sector banks for their capitalization needs during the current financial year. Stocks of private sector banks edged lower. Stocks of public sector oil marketing companies PSU OMCs edged higher as global crude oil prices dropped. Stocks of oil exploration and production E&P firms also gained. Pharma stocks edged higher.Shares of FMCG major Hindustan Unilever HUL edged lower after the company reported a muted 4% growth in volumes in its FMCG business in Q1 June 2016. UltraTech Cement edged higher in volatile trade after reporting strong Q1 June 2016 results.In overseas stock markets European stocks edged lower as disappointing corporate updates soured investors sentiment. Earlier during the global day Asian stocks ended on a mixed note. Stocks in Japan rose for the sixth trading session in a row amid continued expectations that the Bank of Japan will soon roll out stimulus for the economy. The Nikkei 225 Average ended 1.37% higher. US stocks eked out small gains Monday 18 July 2016 pushing both the Dow Jones Industrial Average and the S&P 500 Index to fresh all-time closing highs and the Nasdaq Composite Index to its highest finish of 2016. Stocks got a boost by a flurry of upbeat earnings reports from financial companies.The Sensex rose 40.96 points or 0.15% to settle at 27787.62 its highest closing level since 15 July 2016. The index rose 80.03 points or 0.29% at the days high of 27826.69. The index lost 108.68 points or 0.39% at the days low of 27637.98.The Nifty rose 19.85 points or 0.23% to settle at 8528.55 its highest closing level since 15 July 2016. The index rose 31.35 points or 0.37% at the days high of 8540.05. The index shed 32 points or 0.38% at the days low of 8476.70.The BSE Mid-Cap index rose 0.18% outperforming the Sensex. The BSE Small-Cap index fell 0.11% underperforming the Sensex.The market breadth indicating the overall health of the market was negative. On BSE 1456 shares fell and 1214 s ",
WriteIf(DateNum()== 1160720 , " PRE SESSION:  Market May Edge Higher At Opening Bell \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8.50 points at the opening bell.In overseas markets Asian shares were mixed after a rally in the US market showed signs of exhaustion while the dollar hovered near a four-month high against a basket of currencies following upbeat US data. Geopolitical risks also dented investors risk appetite. The Turkish currency lira came under renewed pressure and fell to its lowest level since last September amid reports of a widening purge in Turkey after an abortive coup last week.In US the S&P 500 pulled back from record highs yesterday 19 July 2016 while the Dow industrials edged up for an eighth straight day of gains as investors pondered mixed earnings reports. Data released Tuesday showed housing starts rose 4.8% in June a sign of steady improvement in the market for newly constructed homes.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 548.90 crore yesterday 19 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 377.43 crore yesterday 19 July 2016 as per provisional data.Among corporate news Wipros consolidated net profit attributable to equity holders fell 6.38% to Rs 2051.80 crore on 11.12% growth in gross revenue to Rs 13599.20 crore in Q1 June 2016 over Q1 June 2015. The results are as per International Financial Reporting Standards IFRS. Revenue from IT services business rose 2.6% to $1930.8 million in Q1 June 2016 over Q4 March 2016. Non-GAAP constant currency IT services segment revenue in dollar terms grew 2% sequentially and 9.5% on year-on-year basis. The company announced the first quarter results after trading hours yesterday 19 July 2016.Wipro expects a muted 0.01% to 0.99% growth in revenue from IT services business at between $1931 million to $1950 million in Q2 September 2016 over Q1 June 2016. Wipros management expects the  \n \n END SESSION: Nifty Hits Highest Closing Level In More Than 11 Months \n Stocks of pharmaceutical companies and public sector firms led gains for key benchmark indices. The barometer index the S&P BSE Sensex rose 128.27 points or 0.46% to settle at 27915.89. The Nifty 50 index rose 37.30 points or 0.44% to settle at 8565.85. The Sensex hit its highest closing level in almost a week. The Nifty hit its highest closing level in more than eleven months. Gains in European stocks aided the upmove on the domestic bourses.The Sensex and Nifty rose for the second straight trading session.Stocks of public sector banks witnessed a mixed trend. Stocks of private sector banks rose on reports that the government is reconsidering a proposal to allow up to 100% foreign direct investment FDI in private sector banks. Oil sector stocks extended previous trading sessions gains.IT major Wipro edged lower after reporting weak Q1 June 2016 results. UltraTech Cement extended gains registered during the previous trading session triggered by the companys strong Q1 June 2016 results. Bharat Heavy Electricals Bhel rose after the company successfully commissioned the third unit of the 160 megawatts MW Teesta Low Dam Hydro Electric Project HEP Stage-IV in West Bengal. Aurobindo Pharma edged higher after the company announced that it received final approval from the US Food & Drug Administration USFDA to manufacture and market Rosuvastatin Calcium Tablets in four strengths.In overseas markets European stocks edged higher as investors struck a cautiously optimistic tone ahead of the European Central Banks ECB policy meeting tomorrow 21 July 2016. The ECB is expected to keep monetary policy unchanged but market participants are looking forward to ECB President Mario Draghis news conference for hints on future policy moves. Earlier during the global day Asian stocks ended on a mixed note. In the US the S&P 500 index pulled back from record highs yesterday 19 July 2016 while the Dow Jones Industrials Average edged up for an eighth straight day of gains as investors pondered mixed earnings reports. Data released yesterday 19 July 2016 showed that housing starts rose 4.8% in June a sign of steady improvement in the market for newly constructed homes.The Sensex rose 128.27 points or 0.46% to settle at 27915.89 its highest closing level since 14 July 2016. The index rose 147.56 points or 0.53% at the days high of 27935.18. The index fell 27.91 points or 0.1% at the days low of 27759.71.The Nifty rose 37.30 points or 0.44% to set ",
WriteIf(DateNum()== 1160721 , " PRE SESSION:  Market May Slide At Opening Bell \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 6 points at the opening bell.In overseas markets Asian shares rose today 21 July 2016 helped by a pickup in capital inflows and a recovery in global oil prices while the dollar stood strong on growing bets of a US rate increase as early as September. US stocks closed at record highs yesterday 20 July 2016 after trading within a narrow range buoyed by a surge in tech stocks after a flurry of corporate earnings beat lowered expectations.A meeting of Governing Council of European Central Bank ECB on monetary policy will be held in Frankfurt today 21 July 2016 which will be followed by the press conference.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 215.21 crore yesterday 20 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 45.45 crore yesterday 20 July 2016 as per provisional data.Among corporate news Mahindra & Mahindra M&M turns ex-dividend today 21 July 2016 for dividend of Rs 12 per share for the year ended 31 March 2016 FY 2016.ITC Cairn India HDFC Bank and Kotak Mahindra Bank will announce Q1 results today 21 July 2016.Larsen & Toubro Infotech L&T Infotech makes its debut on the secondary equity markets today 21 July 2016. The company had priced its initial public offer IPO at Rs 710 per share -- the top end of the Rs 705-710 per share price band for the IPO. The IPO received strong response from investors. The companys promoter and engineering & construction major L&T sold a part of its stake through the IPO of L&T Infotech.L&T Infotech offers an extensive range of IT services to clients in diverse industries such as banking and financial services insurance energy and process consumer packaged goods retail and pharmaceuticals media and entertainment hi-tech and consumer electronics and automotive and aerospace. \n \n END SESSION: Sensex Hits Lowest Closing Level In More Than A Week \n Banking metal stocks and index heavyweight Reliance Industries RIL led losses for key benchmark indices. The barometer index the S&P BSE Sensex lost 205.37 points or 0.74% to settle at 27710.52. The losses for the Sensex were higher in percentage terms than those for the Nifty 50 index. The Nifty lost 55.75 points or 0.65% to settle at 8510.10. The Sensex settled at its lowest closing level in more than a week.The Sensex and the Nifty snapped a two-day winning streak.Index heavyweight HDFC Bank edged lower in volatile trade after the private sector bank reported increase in sticky loans. Kotak Mahindra Bank KMBL edged lower after the private sector bank reported increase in bad loans. HPCL edged higher after the company said that its board of directors approved 2 for 1 bonus issue of shares. Shares of Larsen & Toubro Infotech L&T Infotech settled at a slight discount compared with its initial public offer IPO price on debut.In overseas stock markets European stocks edged lower ahead of the outcome of the monetary policy meeting of the European Central Bank ECB. The ECB is widely expected to keep monetary policy unchanged after the conclusion of a monetary policy meeting of the ECB governing council today 21 July 2016. Market participants are looking forward to ECB President Mario Draghis news conference for hints on future easing moves following the UKs vote last month to leave the European Union. It is the ECBs first policy meeting since the Brexit vote.Earlier during the global day Asian stocks ended on a mixed note. Japanese stocks edged higher on expectations that Japans central bank Bank of Japan may announce stimulus package for the economy after the conclusion of a two-day monetary policy meeting on 28-29 July 2016. The Nikkei 225 Average settled 0.77% higher. Meanwhile latest media reports suggested that the Japanese government is arranging to compile an economic stimulus worth 20 trillion yen $187 billion to vault Japan out of more than a decade of deflation. US stocks closed at record highs yesterday 20 July 2016 buoyed by a surge in tech stocks after a flurry of corporate earnings beat lowered expectations.The Sensex lost 205.37 points or 0.74% to settle at 27710.52 its lowest closing level since 11 July 2016. The index rose 72.87 points or 0.26% at the days high of 27988.76. The index fell 228.35 points or 0.81% at the days low of 27687.54.The Nifty lost 55.75 points or 0.65% to settle at 8510.10 its lowest c ",
WriteIf(DateNum()== 1160722 , " PRE SESSION:  Market May See Flat Opening \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 1.50 points at the opening bell.In overseas markets Asian stocks were trading lower after Bank of Japan BoJ chief Haruhiko Kuroda dashed hopes for so-called helicopter money triggering the yens steepest rally in a month and weakening the outlook for exporters in Tokyo. Japans Nikkei 225 was down 0.89%.According to a media interview recorded mid-June but broadcast yesterday 21 July 2016 BOJ Governor Haruhiko Kuroda ruled out the idea of using helicopter money - or directly underwriting the budget deficit - to combat deflation. BoJ holds meeting on 29 July 2016.In US the Dow industrials yesterday 21 July 2016 snapped a nine-day string of gains as a hot equity market cooled ahead of key central-bank meetings.Meanwhile the European Central Bank ECB held rates unchanged yesterday 21 July 2016 and emphasized that it intends to keep rates at current or lower levels for an extended period and that its program of monthly bond buys would run until at least March 2017 and possibly beyond.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 420.22 crore yesterday 21 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 372.40 crore yesterday 21 July 2016 as per provisional data.Among corporate news cigarette major ITCs net profit rose 10.09% to Rs 2384.67 crore on 8.61% increase in total income to Rs 13673.58 crore in Q1 June 2016 over Q1 June 2015. The result was announced after trading hours yesterday 21 July 2016.Axis Bank will announce its Q1 result today 22 July 2016.HDFC announced after market hours yesterday 21 July 2016 that it has completed the issue of rupee denominated bonds aggregating to Rs 3000 crore yesterday 21 July 2016.ONGC will be in focus. ONGC Videsh Vankorneft a subsidiary of ONGC Videsh has raised $1 billion through de \n \n END SESSION: Market Gains On GST Passage Hopes \n Key benchmark indices eked out small gains after media reports suggested that the Goods and Services Tax GST constitutional amendment bill has been listed for discussion in the Rajya Sabha next week. The barometer index the S&P BSE Sensex rose 92.72 points or 0.33% to settle at 27803.24. The Nifty 50 index rose 31.10 points or 0.37% to settle at 8541.20. The GST bill which has been approved by the Lok Sabha is pending in the Rajya Sabha because of opposition to the bill in its current form by the Congress party. A constitutional amendment bill requires at least 50% attendance and support of two-third of those present and voting in the house. For the GST bill to become a law the bill also needs to be approved by half the state assemblies after its passage in the parliament. GST touted as the single biggest indirect taxation reforms since independence will simplify and harmonise the indirect tax regime in the country. The month-long monsoon session of the parliament will conclude on 12 August 2016.Power Grid Corporation of India moved higher after the companys board of directors accorded approval for eleven investment proposals aggregating Rs 2734.94 crore. Cigarette major ITC edged lower in volatile trade after announcing first quarter results.In overseas stocks markets European stocks reversed initial losses after a flash reading on the eurozone composite Purchasing Managers Index PMI for July 2016 beat expectations. The flash composite PMI compiled by Markit Economics came in at 52.9. The flash services PMI came in at 52.7 beating expectations. On the other hand the flash manufacturing PMI came in at a two-month low of 51.90 and fell short of market expectations.European stocks ended on a mixed note yesterday 21 July 2016 after European Central Bank ECB held rates unchanged after a monetary policy review. ECB emphasized that it intends to keep rates at current or lower levels for an extended period and that its program of monthly bond buys would run until at least March 2017 and possibly beyond.Earlier during the global day Japanese stocks led losses for Asian equities after comments by Bank of Japan BOJ Governor Haruhiko Kuroda dashed hopes for so-called helicopter money or ultra-aggressive easing measures from the Japanese central bank. The Nikkei 225 Average settled 1.09% lower. In an interview to a British radio station taped in mid-June and broadcast yesterday 21 July 2016 Kuroda ruled out the idea of using helicopter money ",
WriteIf(DateNum()== 1160725 , " PRE SESSION:  Market May Open Flat To Slightly Higher \n  Market is seen opening flat to slightly higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 5 points at the opening bell.In overseas markets Asian stocks edged higher as traders eye key central bank meetings in the US and Japan due later in the week. Japans central bank Bank of Japan BOJ undertakes monetary policy review on 28-29 July 2016. Market expectations of aggressive monetary easing from the BOJ have receded after comments by BOJ Governor Haruhiko Kuroda. In an interview to a British radio station taped in mid-June and broadcast on 21 July 2016 Kuroda has ruled out the idea of using helicopter money -- or directly underwriting the budget deficit -- to combat deflation. US stocks registered gains on Friday 22 July 2016 as investors waded through mixed earnings and an upbeat US manufacturing report. The Federal Open Market Committee FOMC is widely expected to keep the benchmark fed funds rates unchanged after the conclusion of two-day monetary policy meeting on 26-27 July 2016. Market participant will scrutinize the Fed statement to gauge the outlook on US monetary policy. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 437.78 crore on Friday 22 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 365.67 crore on Friday 22 July 2016 as per provisional data.Among corporate news Axis Banks net profit fell 21.37% to Rs 1555.53 crore on 13.22% growth in total income to Rs 13852.18 crore in Q1 June 2016 over Q1 June 2015. The fall in net profit was due to a sharp surge in provisions and contingencies. Provisions and contingencies jumped 88.73% to Rs 2117.17 crore in Q1 June 2016 over Q1 June 2015. On a sequential basis provisions and contingencies surged 81.21 \n \n END SESSION: Nifty Attains Highest Closing Level In More Than 15 Months \n Banking sector stocks shares of state-run oil companies and index heavyweight HDFC led the latest upmove on the domestic bourses as investors awaited progress on the passage of the Goods and Services Tax GST constitutional amendment bill in parliament. The barometer index the S&P BSE Sensex rose 292.10 points or 1.05% to settle at 28095.34. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 94.45 points or 1.11% to settle at 8635.65. The Sensex moved past the psychologically important 28000 level and attained its highest closing level in more than 11 months. The Nifty attained its highest closing level in more than 15 months. Gains in global stocks aided the upmove on the domestic bourses. The Sensex and the Nifty edged higher for the second straight trading session. All the 19 sectoral indices on BSE edged higher.The market breadth indicating the overall health of the market was strong. On BSE 1724 shares rose and 990 shares declined. A total of 198 shares were unchanged. A number of stocks forming a part of the broad based BSE Small-Cap index registered gains exceeding 3%. Nearly 69% of the stocks forming a part of the BSE Small-Cap index and almost 71% of the stocks constituting a part of the BSE Mid-Cap index clocked gains for the trading session. The BSE Small-Cap index rose 1.05% matching the Sensexs rise in percentage terms. The BSE Mid-Cap index rose 1% underperforming the Sensex.Stocks of most state-run oil firms edged higher on media reports that the government is set to start consultations for an ambitious plan to merge 13 state-run oil firms to create an oil sector giant. Vedanta and Cairn India edged higher after Vedanta sweetened the terms of the deal for the merger of Cairn India with Vedanta. Dr Reddys Laboratories DRL edged lower on expectations of subdued Q1 results.In overseas stock markets Asian and European shares edged higher as worries over the impact of Britains Brexit vote eased after policymakers from the Group of 20 countries agreed at the weekend to work to support global growth and better share the benefits of trade. Japanese shares ended near the flat line. Investors are hoping for a big stimulus announcement from the Bank of Japan BOJ at the conclusion of a two-day monetary policy review from the Japanese central bank on 28-29 July 2016. Strength in the yen against the dollar post last months Brexit vote and data showing a slowdown in the Japanese eco ",
WriteIf(DateNum()== 1160726 , " PRE SESSION:  Market May See Higher Opening \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. Japanese stocks edged lower as yen strengthened against the dollar. The Nikkei 225 Average was currently down 1.55%. Investors are hoping for a big stimulus announcement from the Bank of Japan BOJ at the conclusion of a two-day monetary policy review from the Japanese central bank on 28-29 July 2016. Strength in the yen against the dollar post last months Brexit vote and data showing a slowdown in the Japanese economy have triggered expectations of further easing of monetary policy from the BOJ. A stronger yen hurts the competitiveness of Japanese exporters.US stocks closed lower yesterday 25 July 2016 with energy stocks lagging as oil prices declined.The Federal Open Market Committee FOMC is widely expected to keep the benchmark fed funds rates unchanged after the conclusion of two-day monetary policy meeting on 26-27 July 2016. Market participant will scrutinize the Fed statement for clues on policy direction. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 891.01 crore yesterday 25 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 67.89 crore yesterday 25 July 2016 as per provisional data.Among corporate news Tata Motors said it is planning to offer the fourth series of its rated listed unsecured redeemable non-convertible debentures NCDs aggregating to Rs 400 crore. In this regard the company is holding a meeting of its duly constituted committee of the board on 28 July 2016. The proposal to issue NCDs is pursuant to the approval of the shareholders passed vide special resolution at the 70th annual general meet \n \n END SESSION: Market Snaps 2-Day Winning Streak \n Disappointing first quarter results from passenger car major Maruti Suzuki India MSIL and weak results from Dr Reddys Laboratories DRL pulled the market lower towards the fag end of the trading session. The barometer index the S&P BSE Sensex fell 118.82 points or 0.42% to settle at 27976.52. The Nifty 50 index fell 45 points or 0.52% to settle at 8590.65. The Sensex fell below the psychologically important 28000 level. After moving in an extremely narrow range for most part of the trading sessions the two key benchmark indices lost ground in late trade after MSIL and DRL results hit the market in late trade. The Sensex and the Nifty snapped a two-day winning streak.DRL declined after the company announced weak Q1 results. Weak results from DRL hit other pharma stocks. MSIL edged lower after announcing disappointing Q1 June 2016 results. Most other auto stocks declined after MSILs disappointing Q1 results.In overseas stock markets main European markets witnessed a mixed trend. Earlier during the global day Japanese stocks edged lower as expectations receded with regard to the governments soon-to-be announced fiscal stimulus package. The Nikkei 225 Average ended 1.43% lower. According to reports the Japanese government will inject 6 trillion yen $57 billion in direct fiscal outlays into the economy over the next few years double the amount initially planned. However the spending will come over several years which means the initial impact will be less than hoped. Meanwhile investors are hoping for further easing of monetary policy from the Bank of Japan BOJ after the conclusion of a two-day monetary policy meeting on 28-29 July 2016. Strength in the yen against the dollar post last months Brexit vote and data showing a slowdown in the Japanese economy have triggered expectations of further easing of monetary policy from the BOJ. A stronger yen hurts the competitiveness of Japanese exporters.US stocks edged lower yesterday 25 July 2016 as investors turned cautious ahead of a busy week of earnings and central bank meetings. The Federal Open Market Committee FOMC is widely expected to keep the benchmark fed funds rates unchanged after the conclusion of two-day monetary policy tomorrow 27 July 2016. Market participant will scrutinize the Fed statement for clues on policy direction. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.The Sensex fell 118.82 poi ",
WriteIf(DateNum()== 1160727 , " PRE SESSION:  Market May See Slightly Higher Opening \n  Market is seen opening slightly higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 11.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. In Japan the Nikkei 225 Average was currently up 1.39%. Investors are hoping for further easing of monetary policy from the Bank of Japan BOJ after the conclusion of a two-day monetary policy meeting on 28-29 July 2016. Strength in the yen against the dollar post last months Brexit vote and data showing a slowdown in the Japanese economy have triggered expectations of further easing of monetary policy from the BOJ. A stronger yen hurts the competitiveness of Japanese exporters.US stocks closed marginally higher yesterday 26 July 2016 amid major earnings reports and ahead of the central bank meeting. The Federal Open Market Committee FOMC is widely expected to keep the benchmark fed funds rates unchanged after the conclusion of two-day monetary policy later in the global day today 27 July 2016. Market participant will scrutinize the Fed statement for clues on policy direction. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 670.89 crore yesterday 26 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 418.29 crore yesterday 26 July 2016 as per provisional data.Among corporate news Ambuja Cements net profit rose 76.5% to Rs 399.51 crore on 2.44% growth in total income to Rs 2677.93 crore in Q2 June 2016 over Q2 June 2015. The result was announced after market hours yesterday 26 July 2016.Bharti Airtel HDFC Asian Paints Yes Bank and Bajaj Auto are scheduled to unveil Q1 June 2016 results today 27 July 2016.Zee Entertainment Enterprises Zee consolidated net profit rose 21.76% to \n \n END SESSION: Sensex Settles Above 28000 Mark \n Amid hopes for the passage of the Goods and Services Tax GST constitution amendment bill during the ongoing monsoon session of parliament the two benchmark indices eked out small gains with the barometer index the S&P BSE Sensex moving past the psychologically important 28000 mark. The Sensex rose 47.81 points or 0.17% to settle at 28024.33. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 25.15 points or 0.29% to settle at 8615.80.According to reports the empowered committee of state finance ministers which met Finance Minister Arun Jaitley yesterday 26 July 2016 has reached a consensus on key aspects of the constitutional amendment bill on Goods and Services Tax GST. The committee has decided to keep the main GST rate low according to reports. The GST bill is likely to be moved in the Rajya Sabha next week. The Rajya Sabha has already allotted five hours for discussion on the GST bill according to media reports.The GST bill which has been approved by the Lok Sabha is pending in the Rajya Sabha because of opposition to the bill in its current form by the Congress party. A constitutional amendment bill requires at least 50% attendance and support of two-third of those present and voting in the house. For the GST bill to become a law the bill also needs to be approved by half the state assemblies after its passage in the parliament. GST touted as the single biggest indirect taxation reforms since independence will simplify and harmonise the indirect tax regime in the country. The GST seeks to create a seamless national market in the country by replacing plethora of state taxes and central taxes by one tax. The month-long monsoon session of the parliament will conclude on 12 August 2016.Index heavyweight and housing finance major HDFC edged higher after the company reported a surge in bottom line in Q1 June 2016 on the back of exceptional gains on sell of a part of its stake in its general insurance joint venture in favour of the joint venture partner. Passenger car major Maruti Suzuki India edged higher after the company announced that it will start sales of its first light commercial vehicle LCV Super Carry towards the end of August. Zee Entertainment Enterprises Zee edged higher after the company reported strong Q1 results.Shares of Dr Reddys Laboratories DRL tumbled with the stock extending losses registered during the previous trading session triggered by weak Q1 June  ",
WriteIf(DateNum()== 1160728 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 10 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. In Japan the Nikkei 225 Average was currently down 0.69%. Investors are hoping for further easing of monetary policy from the Bank of Japan BOJ after the conclusion of a two-day monetary policy meeting on 28-29 July 2016. Strength in the yen against the dollar post last months Brexit vote and data showing a slowdown in the Japanese economy have triggered expectations of further easing of monetary policy from the BOJ. A stronger yen hurts the competitiveness of Japanese exporters.US stocks closed mixed yesterday 27 July 2016 after the Federal Reserve statement and major earnings reports. The Federal Open Market Committee FOMC has decided not to raise interest rates maintaining the ultra-low level they have been at since December 2015. The US central bank opted to keep rates between 0.25% and 0.5%. The Fed said near-term risks to the economic outlook have diminished but inflation remained below the banks target.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 404.69 crore yesterday 27 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 152.47 crore yesterday 27 July 2016 as per provisional data.Among corporate news Asian Paints consolidated net profit after minority interest rose 17.9% to Rs 535 crore on 10.2% increase interest from operations to Rs 4082.10 crore in Q1 June 2016 over Q1 June 2015. Profit before depreciation interest and taxes PBDIT rose 20.9% to Rs 820.30 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 27 July 2016.K.B.S. Anand Managing Director & CEO Asian Paints said that the decorative business segment India registered double digit growth during the quarter. Lower raw material p \n \n END SESSION: Nifty Settles At Over 15-Months High \n Key benchmark indices registered decent gains on hopes that the Goods & Services Tax GST bill inched closer to becoming a reality after media reports suggested that the Union Cabinet approved amendments to the constitutional amendment bill incorporating suggestions by some of the states and opposition parties. The barometer index the S&P BSE Sensex rose 184.29 points or 0.66% to settle at 28208.62. The Nifty 50 index rose 50.50 points or 0.59% to settle at 8666.30. Market sentiment was also boosted after the US Federal Reserve has opted to keep interest rates at ultra-low level after the conclusion of a two-day monetary policy meeting. The ultra-loose monetary policy in the US has encouraged heavy investment in higher-yielding emerging markets. The Sensex and Nifty extended intraday gains in late trade after hovering in positive zone throughout the trading session. The Sensex settled at its highest level in almost 12 months. The Nifty settled at its highest level in more than 15 months.According to reports the Union Cabinet yesterday 27 July 2016 cleared changes in the constitutional amendment bill on Goods and Services Tax GST including doing away with the additional 1% tax by producing states and compensating all states for any revenue loss in the first five years post the GST rollout. The Cabinet headed by Prime Minister Narendra Modi decided not to accede to the Congress partys demand of specifying the GST rate in the Constitution itself reports suggested. It is likely to be part of the GST bill that will be legislated separately by both the Centre and states as per reports.The GST bill is likely to be moved in the Rajya Sabha next week. The GST bill which has been approved by the Lok Sabha is pending in the Rajya Sabha because of opposition to the bill in its current form by the Congress party. A constitutional amendment bill requires at least 50% attendance and support of two-third of those present and voting in the house. For the GST bill to become a law the bill also needs to be approved by half the state assemblies after its passage in the parliament. GST touted as the single biggest indirect taxation reforms since independence will simplify and harmonise the indirect tax regime in the country. The GST seeks to create a seamless national market in the country by replacing plethora of state taxes and central taxes by one tax. The month-long monsoon session of the parliament will conclude on 12 August 2016.The Sensex rose 184.29 ",
WriteIf(DateNum()== 1160729 , " PRE SESSION:  Flat Opening On The Cards \n  Market is seen open flat to slightly lower. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 2 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend. In Japan the Nikkei 225 Average was currently down 0.4%. Investors are hoping for further easing of monetary policy from the Bank of Japan BOJ after the conclusion of a two-day monetary policy meeting today 29 July 2016. Strength in the yen against the dollar post last months Brexit vote and data showing a slowdown in the Japanese economy have triggered expectations of further easing of monetary policy from the BOJ. A stronger yen hurts the competitiveness of Japanese exporters. US stocks closed slightly higher yesterday 28 July 2016 amid declines in oil prices as major tech stocks gained.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1767.06 crore yesterday 28 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 1074.47 crore yesterday 28 July 2016 as per provisional data.Among corporate news Eicher Motors consolidated net profit surged 58.61% to Rs 376.29 crore on 42.81% growth in total income to Rs 1602.51 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 28 July 2016.ICICI Bank and Larsen & Toubro are set to announce Q1 results today 29 July 2016.UltraTech Cement said it participated in the auction of coal linkages for captive power plant sub-sector and won two linkages of 27600 tons and 19700 tons respectively from Dipka Mines SCDG in Chhattisgarh. The company said that both the linkages were at premium of Rs 150 over notified price of Rs 970 per ton. The company said it intends to participate in the future linkage auctions for its plants located strategically near the coal mines. The announcement was made after market hours yesterday 28 July 2016.Key \n \n END SESSION: Key Indices Snap Two-Day Winning Streak \n Losses in telecom stocks and index heavyweights HDFC and Reliance Industries led losses for key benchmark indices on the last trading session of the week. The barometer index the S&P BSE Sensex lost 156.76 points or 0.56% to settle at 28051.86. The decline in the Nifty 50 index was lower than the Sensexs fall in percentage terms. The Nifty shed 27.80 points or 0.32% to settle at 8638.50. Weakness in Asian stocks weighed on sentiment on the domestic bourses. The Sensex and the Nifty snapped two-day winning streak.In its monsoon update issued yesterday 28 July 2016 the India Meteorological Department IMD said that for the country as a whole cumulative rainfall during this years monsoon as on 27 July 2016 was at 0% above the Long Period Average LPA.Stocks of public sector banks declined. Stocks of private sector banks were mixed. ICICI Bank edged lower ahead of its Q1 June 2016 results today 29 July 2016. Eicher Motors EML surged after the company reported strong Q1 earnings. Tata Power Company edged higher after the companys equal joint venture with Exxaro Resources achieved commercial operations for its 134 megawatts wind power project in South Africa.In overseas stock markets most European stocks edged higher helped by a rally in bank stocks. Asian stocks edged lower after the Bank of Japans BOJ modest easing action dissapointed investors. In Japan the Nikkei 225 Average ended 0.56% higher. The Japans central bank BOJ kept interest rates and government bond buying unchanged after the conclusion of a two-day monetary policy meeting. The Nikkei 225 Average was currently up 0.04%. The Japans central bank said it would buy ¥6 trillion worth of exchange-traded funds annually up from ¥3.3 trillion previously in an attempt to stoke inflation and growth by pumping money into the economy. BOJ said it would leave its asset-purchase target at ¥80 trillion a year. US stocks closed slightly higher yesterday 28 July 2016 amid declines in oil prices as major tech stocks gained.The Sensex lost 156.76 points or 0.56% to settle at 28051.86 its lowest closing level since 27 July 2016. The index rose 24.85 points or 0.08% at the days high of 28233.47. The index lost 170.75 points or 0.6% at the days low of 28037.87.The Nifty shed 27.80 points or 0.32% to settle at 8638.50 its lowest closing level since 27 July 2016. The index rose 4.05 points or 0.04% at the days high of 8670.35. The index lost 35.15 points or 0.4% at the days low of 86 ",
WriteIf(DateNum()== 1160801 , " PRE SESSION:  Market May Open With Decent Gains \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 34.60 points at the opening bell as most Asian stocks gained.In overseas stock markets Asian shares rose as the chances of a US interest-rate increase diminished after the nations economic growth for the second quarter came in below expectations. The odds of a September US interest rate rise dropped to 12% from 18% Fed Funds futures data showed after the US economy grew at just 1.2% in the second quarter from a year earlier well below estimates data showed on Friday 29 July 2016.Chinas official nonmanufacturing purchasing managers index a gauge of activity outside factory floors climbed to 53.9 in July from 53.7 in June the National Bureau of Statistics said today 1 August 2016. A reading above 50 indicates an expansion while a figure below that level indicates a contraction. Chinas official manufacturing purchasing managers index slipped below 50 in July indicating a contraction in the nations factory activity for the first time in five months official data showed today 1 August 2016. The index fell to 4 9.9 in July from 50.0 a month ago.Strong earnings from Amazon and Google parent Alphabet lifted US stocks mostly higher on Friday 29 July 2016 countering a disappointing report on second-quarter US economic growth.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 14.02 crore on Friday 29 July 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 148.34 crore on Friday 29 July 2016 as per provisional data.Among corporate news ICICI Banks net profit fell 24.99% to Rs 2232.35 crore on 6.06% increase in total income to Rs 16759.51 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours on Friday 29 July 2016.The banks gross non-performing assets NPAs stood at Rs 27193.58 crore as on 30 June 2016 as against R \n \n END SESSION: Sensex Hits Lowest Closing Level In Almost A Week \n Key benchmark indices registered small losses in a volatile trading session as investors maintained caution ahead of the possible discussion on the Goods and Services Tax GST bill in Rajya Sabha this week. The barometer index the S&P BSE Sensex lost 48.74 points or 0.17% to settle at 28003.12. The decline in the Nifty 50 index was lower than the Sensexs fall in percentage terms. The Nifty dropped 1.95 points or 0.02% to settle at 8636.55. The Sensex settled above the psychologically important 28000 level after hovering above and below that level in intraday trade. The Sensex hit its lowest closing level in almost a week.The Sensex and the Nifty declined for the second straight trading session.Stocks of public sector banks declined. Stocks of private sector banks were mixed. Capital goods stocks were mixed.ICICI Bank edged lower after the bank reported weak Q1 June 2016 results. L&T dropped in volatile trade after the company announced strong Q1 earnings. Maruti Suzuki India rose after the company reported 12.7% growth in total sales in July 2016. Mahindra & Mahindra edged higher after the company reported 14% growth each in its total tractor sales and total automobile sales in July 2016. Shares of Advanced Enzyme Technologies AETL witnessed strong debut on the bourses.In overseas stock markets European stocks were mixed. Asian stocks rose as the chances of a US interest-rate increase diminished after the nations economic growth for the second quarter came in below expectations. The odds of a September US interest rate rise dropped to 12% from 18% Fed Funds futures data showed after the US economy grew at just 1.2% in the second quarter from a year earlier well below estimates data showed on Friday 29 July 2016. Low US interest rates could support demand for emerging-market assets.In mainland China the Shanghai Composite closed 0.87% lower. In Hong Kong the Hang Seng index settled 1.09% higher. Chinas official manufacturing purchasing managers index slipped below 50 in July indicating a contraction in the nations factory activity for the first time in five months official data showed today 1 August 2016. The index fell to 49.9 in July from 50 a month ago. Chinas official non-manufacturing purchasing managers index a gauge of activity outside factory floors climbed to 53.9 in July from 53.7 in June the National Bureau of Statistics said today 1 August 2016. A reading above 50 indicates an expansion while a figure below that le ",
WriteIf(DateNum()== 1160802 , " PRE SESSION:  Market May Start Days Trade Lower On Weak Asian Stocks \n  Key benchmark indices may edge lower in early trade tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 14.50 points at the opening bell.In overseas stock markets Asian stocks fell taking cues from a modestly lower day on Wall Street overnight as US crude oil prices slid. Meanwhile Japans Prime Minister Shinzo Abes cabinet is reportedly likely to approve a 28 trillion yen $273 billion stimulus package today 2 August 2016 though direct fiscal spending will total only about 7 trillion yen. US stocks lost momentum to finish mostly lower yesterday 1 August 2016 as crude-oil futures returned to bear-market territory and weaker-than-expected manufacturing data raised doubts about the strength of the economy.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 726.22 crore yesterday 1 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 413.77 crore yesterday 1 August 2016 as per provisional data.On macro front the index of eight core industries comprising nearly 38% of the weight of items included in the Index of Industrial Production IIP increased 5.2% in June 2015 over June 2015. Its cumulative growth during April to June 2016-17 was 5.4%. The data was announced after market hours yesterday 1 August 2016.Among corporate news NTPC announced that its board of directors at a meeting held on Friday 29 July 2016 approved the issue of secured/unsecured redeemable taxable/ tax-free cumulative/non-cumulative non-convertible debentures bonds/NCDs upto Rs 15000 crore during the period commencing from the date of passing of Special Resolution in the Annual General Meeting AGM to be held on 20 September 2016 till completion of one year thereof or the date of next AGM in the financial year 2017-18 whichever is earlier. The announcement was made after market hours y \n \n END SESSION: Sensex Hits Lowest Closing Level In A Week \n Key benchmark indices registered small losses in a volatile trading session. The barometer index the S&P BSE Sensex shed 21.41 points or 0.08% to settle at 27981.71. The losses for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty dropped 13.65 points or 0.16% to settle at 8622.90. The Sensex settled below the psychologically important 28000 level after alternately moving above and below that mark in intraday trade. Losses in metal telecom stocks and index heavyweight HDFC pulled key indices lower. Weakness in global stocks weighed on sentiment on the domestic bourses. The Sensex hit its lowest closing level in a week. Key indices slipped into the red in mid-afternoon trade after remaining in the positive terrain earlier during the session.The Sensex and the Nifty declined for the third straight trading session.Stocks of public sector banks were mostly higher. Stocks of private sector banks were mixed. Tech Mahindra shrugged off weak Q1 June 2016 earnings. Hero MotoCorp edged higher after the company announced a 9.13% growth in its total sales in July 2016. Maruti Suzuki India rose after the company increased prices of select models with effect from 1 August 2016. Bharat Financial Inclusion tumbled following the arrest of the companys President S Dilli Raj by the Enforcement Directorate.In overseas stock markets European stocks dropped as bank shares came under pressure. Asian stocks edged lower taking cues from a modestly lower day on Wall Street overnight as US crude oil prices slid. In Japan the Nikkei 225 Average ended 1.47% lower. According to reports Japanese Prime Minister Shinzo Abes cabinet approved 13.5 trillion yen $132.04 billion in fiscal measures today 2 August 2016 as part of efforts to revive the flagging economy with cash payouts to low-income earners and infrastructure spending. The stimulus spending is part of a renewed government effort to coordinate its policy with the Bank of Japan.US stocks lost momentum to finish mostly lower yesterday 1 August 2016 as crude-oil futures returned to bear-market territory and weaker-than-expected manufacturing data raised doubts about the strength of the economy. The ISM manufacturing activity index fell to 52.6 in July down from 53.2 the previous month.The Sensex lost 21.41 points or 0.08% to settle at 27981.71 its lowest closing level since 26 July 2016. The index rose 172.10 points or 0.61% at the days high of 28175.22. The index fell 59.21  ",
WriteIf(DateNum()== 1160803 , " PRE SESSION:  Market May Decline On Weak Asian Stocks \n  Key indices may open lower tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 34.50 points at the opening bell.In overseas stock markets Asian markets slipped after US stocks took their biggest loss in almost a month yesterday 2 August 2016 underscoring simmering worries about global economic growth. Growth in Chinas services sector cooled in July a private survey showed today 3 August 2016. The Caixin/Markit services purchasing managers index PMI fell to 51.7 in July on a seasonally adjusted basis from an 11-month peak of 52.7 in June. US stocks fell yesterday 2 August 2016 on the back of disappointing auto sales and a steep drop for retailers on forecasts of poor summer sales after a similar drop on Asian and European markets.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 536.27 crore yesterday 2 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 383.23 crore yesterday 2 August 2016 as per provisional data.Among corporate news DLF announced that credit ratings agency ICRA has upgraded its outlook on the companys non-convertible debentures NCD and bank facilities to stable from negative. The rating agency has also re-affirmed its long term rating of ICRA A assigned to the companys NCD programme and bank facilities. The announcement was made after market hours yesterday 2 August 2016.Bata India Berger Paints India Cadila Healthcare and HCL Technologies will announce their April-June 2016 results today 3 August 2016.NHPC announced that the Unit 4 of Teesta Low Dam Project-IV 160 MW project has been successfully spun at its full RPM on 1 August 2016. The announcement hit the market at the fag end of trading session yesterday 2 August 2016.On macro front the Nikkei India Services PMI will be declared today 3 August 2016.Meanwhile investors a \n \n END SESSION: Sensex Settles At Lowest Closing Level In More Than 3 Weeks \n Losses in auto capital goods FMCG sector stocks and index heavyweights Reliance Industries HDFC and ITC led losses for key benchmark indices. The barometer index the S&P BSE Sensex lost 284.20 points or 1.02% to settle at 27697.51. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty dropped 78.05 points or 0.91% to settle at 8544.85. The Sensex closed below the psychologically important 28000 level. It had briefly crossed that level at the onset of trading session. The Sensex hit its lowest closing level in more than three weeks. The Nifty hit its lowest closing level in nearly two weeks. Key indices extended intraday losses in late trade. Weakness in global stocks weighed on sentiment on the domestic bourses.The Sensex and the Nifty declined for the fourth straight trading session.Bank stocks declined. HCL Technologies edged higher after the company reported a marginal rise in its bottom line in Q1 June 2016 over Q4 March 2016. Titan Company edged lower after the company reported weak Q1 June 2016 results.In overseas stock markets European and Asian markets edged lower after US stocks took their biggest loss in almost a month yesterday 2 August 2016 underscoring simmering worries about global economic growth. Meanwhile growth in Chinas services sector cooled in July a private survey showed today 3 August 2016. The Caixin/Markit services purchasing managers index PMI fell to 51.7 in July on a seasonally adjusted basis from an 11-month peak of 52.7 in June. US stocks fell yesterday 2 August 2016 on the back of disappointing auto sales and a steep drop for retailers on forecasts of poor summer sales.The Sensex lost 284.20 points or 1.02% to settle at 27697.51 its lowest closing level since 11 July 2016. The index rose 33.72 points or 0.12% at the days high of 28015.43. The index fell 334.57 points or 1.19% at the days low of 27647.14.The Nifty shed 78.05 points or 0.91% to settle at 8544.85 its lowest closing level since 22 July 2016. The index rose 12.55 points or 0.14% at the days high of 8635.45. The index declined 93.30 points or 1.08% at the days low of 8529.60.The BSE Mid-Cap index fell 1.5%. The BSE Small-Cap index shed 1.14%. The decline in both these indices was higher than the Sensexs decline in percentage terms.The broad market depicted weakness. There were almost two losers against every gainer on BSE. 1825 shares fell and 906 shares rose. A total of 141 shares wer ",
WriteIf(DateNum()== 1160804 , " PRE SESSION:  Strong Open On Cards On Passage Of GST Bill In Rajya Sabha \n  The market may open with decent gains after the Rajya Sabha yesterday 3 August 2016 passed the Goods and Services Tax GST Constitutional Amendment Bill which the Lok Sabha had already approved last year. The exact rate of the tax will only be decided in the weeks or months ahead. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 52.50 points at the opening bell. The main objective of the GST is to eliminate excessive taxation. GST is a uniform indirect tax levied on goods and services across a country. The measure would harmonize 11 state and central levies into a national sales tax reducing business transaction costs. The passage of the constitutional amendment bill kicks off a legislative marathon in which both the federal and state parliaments will need to pass further laws setting the rate and scope of the GST.In overseas stock markets Asian stocks rebounded from their worst day since the aftermath of the Brexit vote as crude oil held onto its recovery and high-yielding currencies climbed. US stocks edged higher yesterday 3 August 2016 as energy companies climbed with the price of oil. Banks also rose and investors sold traditionally safe stocks. A survey showed that hiring by private companies continued at a solid but uninspiring clip in July. The Bank of England is expected to cut benchmark interest rates after a monetary policy meet later in the global day today 4 August 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 578.17 crore yesterday 3 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 800.75 crore yesterday 3 August 2016 as per provisional data.Among corporate news Siemens announced that it has received a crucial order worth Rs 217 crore for Power Grid Company of Bangladesh PGCB project from Siemens AG Germany. The project is a part of India Bangladesh agreement for  \n \n END SESSION: Market Ekes Out Minuscule Gains \n Key benchmark indices eked out minuscule gains in a volatile trading session. The barometer index the S&P BSE Sensex rose 16.86 points or 0.06% to settle at 27714.37. The Nifty 50 index rose 6.25 points or 0.07% to settle at 8551.10.The Sensex and the Nifty snapped four-day losing streak.Stocks of public sector banks edged higher. Stocks of private sector banks edged lower. Metal and mining stocks gained. Auto stocks rose on expectations that auto manufacturers may benefit from the Goods and Services Tax constitutional amendment bill passed by the Rajya Sabha yesterday 3 August 2016.Power Grid Corporation of India PGCIL edged higher after a bulk deal was executed on BSE. Dr Reddys Laboratories DRL rose after the company announced that it has successfully completed the previously announced acquisition of 8 Abbreviated New Drug Applications in the US. Bata India edged lower after the company reported weak Q1 June 2016 results.The Rajya Sabha yesterday 3 August 2016 passed the Goods and Services Tax GST constitutional amendment bill which the Lok Sabha had already approved last year. With the Rajya Sabha clearing the constitution amendment bill for introduction of the GST the amended GST bill once again will have to be ratified by the Lok Sabha. Once amendments to the bill are passed in the Lok Sabha it will later go to the state assemblies for clearance. Atleast 50% of the states must approve the legislation.A key task for the proposed GST Council now will be determining the rate of taxation. A decision on the tax rate will have to be ratified by a three-fourth majority of the centre and the states. As per the proposed legislation the centre will have one-third weightage on its vote and states will have two-third weightage. In its report submitted to the government last December a panel headed by Chief Economic Adviser Arvind Subramanian had recommended a revenue-neutral rate RNR of GST of 15-15.5% with a standard rate of 17-18% that is to be levied on most goods and all services.The main objective of the GST is to eliminate excessive taxation. GST is a uniform indirect tax levied on goods and services across a country. The measure would harmonize 11 state and central levies into a national sales tax reducing business transaction costs.In overseas stock markets European stocks edged higher as investors wait for what could be the Bank of Englands first interest-rate cut since the global financial crisis. In UK the FTSE 100 index was curr ",
WriteIf(DateNum()== 1160805 , " PRE SESSION:  Market May Open Higher \n  Key indices may open higher on firm Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 45.50 points at the opening bell.In overseas stock markets Asian stocks rose driven by the Bank of Englands aggressive stimulus measures but with traders keeping a wary eye on US jobs data due later in the global trading day. The Bank of England yesterday 4 August 2016 cut its benchmark interest rate to 0.25% from 0.5% the lowest in its 322-year history. It expects to cut the rate further in the months ahead. The central bank also revived a UK government bond-buying program also known as quantitative easing that has been on pause since 2012 and said it would begin buying corporate bonds. US stocks ended little changed yesterday 4 August 2016 as investors kept to the sidelines ahead of US payrolls report for July. The monthly hiring data due later in the global day will help investors gauge the health of the economy and possibly offer insight as to when the Federal Reserve will raise interest rates again.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 559.49 crore yesterday 4 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 527.11 crore yesterday 4 August 2016 as per provisional data.Among corporate news Bharat Electronics Bharat Forge GlaxoSmithkline Consumer Healthcare Pfizer Aegis Logistics Marico and NDTV are scheduled to announce their June quarter results today 5 August 2016.Nestle India turns ex-dividend today 5 August 2016 for interim dividend of Rs 12 per share for the year ending 31 December 2016.The India Meteorological Department in its weekly update on rainfall said yesterday 4 August 2016 that during the week from 28 July to 3 August 2016 rainfall was above long period average LPA by 6% over the country as a whole. For the country as a whole cumulative rainfall du \n \n END SESSION: Market Gains For Second Day In A Row \n Trading for the week ended on a buoyant note as key benchmark indices settled with strong gains as firmness in global stocks boosted sentiment on the domestic bourses. The barometer index the S&P BSE Sensex rose 363.98 points or 1.31% to settle at 28078.35. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty gained 132.05 points or 1.54% to settle at 8683.15. The Sensex settled above the psychologically important 28000 level after alternately moving above and below that mark earlier during the day after crossing that mark in mid-morning trade. The Sensex hit more than one-week closing high and the Nifty hit highest closing level in almost sixteen months.Global credit rating agency Moodys Investors Services statement that Rajya Sabhas approval of the Goods and Service Tax GST constitutional amendment bill is a credit positive for Indias sovereign and non-financial corporates also lifted sentiment. After opening higher key indices remained in positive terrain throughout the session. Key indices gained for the second day in a row today 5 August 2016.The Sensex rose 363.98 points or 1.31% to settle at 28078.35 its highest closing level since 28 July 2016. The index jumped 396 points or 1.42% at the days high of 28110.37. The index rose 81.37 points or 0.29% at the days low of 27795.74.The Nifty gained 132.05 points or 1.54% to settle at 8683.15 its highest closing level since 16 April 2015. The index rose 138.30 points or 1.61% at the days high of 8689.40. The index rose 39.05 points or 0.45% at the days low of 8590.15.In overseas stock markets European and Asian stocks edged higher driven by the Bank of Englands aggressive stimulus measures but with traders keeping a wary eye on US jobs data due later in the global trading day. In UK the FTSE 100 index was currently up 0.36%. The Bank of England yesterday 4 August 2016 cut its benchmark interest rate by 25 basis points to 0.25% from 0.5% the lowest in its 322-year history. It expects to cut the rate further in the months ahead. The central bank also revived a UK government bond-buying program also known as quantitative easing that has been on pause since 2012 and said it would begin buying corporate bonds.US stocks closed marginally higher yesterday 4 August 2016 as investors kept to the sidelines ahead of US payrolls report for July. The monthly hiring data due later in the global day will help investors gauge the health of  ",
WriteIf(DateNum()== 1160808 , " PRE SESSION:  A Strong Opening On The Cards \n  Trading for the week is likely to begin on an upbeat note on positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 52 points at the opening bell.In overseas stock markets Asia markets were trading higher with sentiment likely underpinned by a stronger-than-expected US jobs report released on Friday 5 August 2016. US stocks closed sharply higher on Friday 5 August 2016 with the S&P 500 index and the Nasdaq Composite index settling at all-time closing highs after a stronger-than-expected jobs report. The U.S. economy added 255000 jobs in July 2016 which follows a stellar gain in June demonstrating that the economy is still healthy despite relatively muted gross domestic product. The unemployment rate was unchanged at 4.9% even as the labor-force participation rate edged up to 62.8% suggesting the labor market is tightening. In other economic news the US trade deficit jumped 8.7% in June to a 10-month high of $44.5 billion reflecting the higher cost of oil and more imports of consumer goods such as cellphones and drugs.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 435.63 crore on Friday 5 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 616.32 crore on Friday 5 August 2016 as per provisional data.Hero MotoCorp and Idea Cellular are scheduled to announce their Q1 June 2016 results today 8 August 2016.Asian Paints announced that it is proposing to increase its water based paint manufacturing capacity at its plant situated at Sriperumbudur Tamil Nadu from 1.4 lakh kilolitres KL per annum to 2 lakh KL per annum subject to necessary approvals. Further the company is also proposing to alter its product mix to augment the manufacturing capacity of synthetic resins and emulsions at its manufacturing facilities at Ankaleshwar Gujarat by around 35000 metric tonnes s \n \n END SESSION: Market Extends Recent Gains On Firm Global Stocks \n Key benchmark indices logged gains on first trading day of the week as positive cues from global stocks aided the latest upmove on the domestic bourses. The barometer index the S&P BSE Sensex rose 104.22 points or 0.37% to settle at 28182.57. The Nifty 50 index gained 28.20 points or 0.32% to settle at 8711.35. The Sensex hit highest closing level in almost two-weeks. The Nifty hit highest closing level in almost sixteen months. Key indices remained in positive zone throughout the day. Key indices gained for the third day in a row today 8 August 2016. Global stocks rose after upbeat US job data for July 2016.The Sensex rose 104.22 points or 0.37% to settle at 28182.57 its highest closing level since 28 July 2016. The index rose 148.03 points or 0.53% at the days high of 28226.38. The index rose 49.71 points or 0.18% at the days low of 28128.06.The Nifty gained 28.20 points or 0.32% to settle at 8711.35 its highest closing level since 15 April 2015. The index rose 40.35 points or 0.46% at the days high of 8723.50. The index rose 14.45 points or 0.17% at the days low of 8697.60.The market breadth indicating the overall health of the market was positive. On BSE 1545 shares rose and 1210 shares fell. A total of 154 shares were unchanged. The BSE Mid-Cap index rose 0.99%. The BSE Small-Cap index was gained 0.71%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 3731 crore higher than turnover of Rs 3687.67 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Telecom index down 2.3% the S&P BSE Bankex up 0.06% the S&P BSE Basic Materials index up 0.33% the S&P BSE Teck index up 0.24% the S&P BSE Capital Goods index up 0.07% and the S&P BSE Healthcare index up 0.14% underperformed the Sensex.The S&P BSE Finance index up 0.52% the S&P BSE Auto index up 0.68% the S&P BSE Industrials index up 0.39% the S&P BSE Metal index up 0.64% the S&P BSE Consumer Discretionary Goods & Services index up 0.71% the S&P BSE IT index up 0.65% the S&P BSE Power index up 0.92% the S&P BSE Utilities index up 0.58% the S&P BSE Realty index up 0.88% the S&P BSE Consumer Durables index up 0.75% the S&P BSE Energy index up 1.4% the S&P BSE FMCG index up 0.54% and the S&P BSE Oil & Gas index up 1.54% outperformed the Sensex.In overseas stock markets Asian and European stocks rose with sentiment underpinned by a stronger-than-expected U ",
WriteIf(DateNum()== 1160809 , " PRE SESSION:  Market May Open Higher RBI Policy Eyed \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 13 points at the opening bell. The key event for the day is the Reserve Bank of Indias RBI third bi-monthly monetary policy meeting today 9 August 2016.In overseas stock markets most Asian shares rose as US crude oil traded near its highest price in two weeks. US stocks closed lower yesterday 8 August 2016 after touching record highs as Wall Street caught its breath in the wake of last weeks upbeat jobs data.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1156.19 crore yesterday 8 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 876.34 crore yesterday 8 August 2016 as per provisional data.Interest rate sensitive banking auto and realty stocks will be watched ahead of the Reserve Bank of Indias RBI monetary policy meeting today 9 August 2016. Purchases of automobiles including that of cars utility vehicles and commercial vehicles are substantially driven by financing. Purchases of both residential and commercial property are largely driven by finance. The central bank had left its benchmark repo rate unchanged at 6.5% in its last meeting.Among key corporate earnings Adani Ports and Special Economic Zone and Lupin are scheduled to announce Q1 June 2016 earnings today 9 August 2016.Idea Cellulars consolidated net profit slumped 74.21% to Rs 220.41 crore on 7.22% rise in total income to Rs 9552.44 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 8 August 2016.HDFC after market hours yesterday 8 August 2016 announced that a committee of the board of directors of the company at its meeting held yesterday 8 August 2016 approved the entering into definitive agreements for amalgamation of business between HDFC Standard Life Inusrance Company HDFC Life Max Life Insurance Company Max Life \n \n END SESSION: Market Snaps Three-Day Winning Streak \n Key benchmark indices registered small losses after the Reserve Bank of India RBI kept its benchmark lending rate viz. the repo rate unchanged after a policy review. The barometer index the S&P BSE Sensex fell 97.41 points or 0.35% to settle at 28085.16. The Nifty 50 index dropped 33.10 points or 0.38% to settle at 8678.25. The Sensex managed to settle above the psychological 28000 mark after alternately moving above and below that mark after falling below the mark in early afternoon trade. The RBIs decision to keep the repo rate unchanged was in line with market expectations. Key indices snapped three-day winning streak today 9 August 2016. With the lone exception of the BSE Consumer Durables index all the other sectoral indices on BSE registered losses.The Sensex fell 97.41 points or 0.35% to settle at 28085.16 its lowest closing level since 5 August 2016. The index lost 225.80 points or 0.8% at the days low of 27956.77. The index rose 107.39 points or 0.38% at the days high of 28289.96 its highest level since 10 August 2015.The Nifty dropped 33.10 points or 0.38% to settle at 8678.25 its lowest closing level since 4 August 2016. The index fell 73.15 points or 0.83% at the days low of 8638.20. The index rose 17 points or 0.2% at the days high of 8728.35 its highest level since 16 April 2015.The market breadth indicating the overall health of the market was negative. On BSE 1572 shares fell and 1182 shares rose. A total of 133 shares were unchanged. The BSE Mid-Cap index shed 0.35%. The fall in this index matched with the Sensexs decline in percentage terms. The BSE Small-Cap index lost 0.45%. The fall in this index was higher than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3522 crore lower than turnover of Rs 3742.64 crore registered during the previous trading session.With the lone exception of the BSE Consumer Durables index all the other sectoral indices on BSE registered losses. The S&P BSE Telecom index down 1.15% the S&P BSE Basic Materials index down 0.82% the S&P BSE Capital Goods index down 0.36% the S&P BSE Finance index down 0.38% the S&P BSE FMCG index down 0.58% the S&P BSE Oil & Gas index down 0.88% the S&P BSE Metal index down 0.69% the S&P BSE Consumer Discretionary Goods & Services index down 0.44% the S&P BSE Auto index down 0.57% and the S&P BSE Healthcare index down 0.71% underperformed the Sensex.The S&P BSE Bankex down 0.01% the S&P  ",
WriteIf(DateNum()== 1160810 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 26 points at the opening bell.In overseas stock markets most Asian stocks declined. US stocks ended slightly higher yesterday 9 August 2016 with the Nasdaq Composite index posting a fresh record close as investors kept an eye on falling oil prices.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 144.15 crore yesterday 9 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 610.15 crore yesterday 9 August 2016 as per provisional data.Mahindra & Mahindra M&M will announce its Q1 June 2016 result today 10 August 2016.HCL Technologies turns ex-dividend today 10 August 2016 for interim dividend of Rs 6 per share for the year ending 31 March 2017 FY 2017.Power Finance Corporation PFCs net profit rose 8.64% to Rs 1712.55 crore on 5.91% rise in total income to Rs 7158.66 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 9 August 2016.PFC announced that the board of directors of the company in its meeting held on 9 August 2016 have considered and gave in-principle approval for the merger of PFC Green Energy Limited PFC GEL a wholly owned subsidiary of the company with itself.Key benchmark indices registered small losses yesterday 9 August 2016 after the Reserve Bank of India RBI kept its benchmark lending rate viz. the repo rate unchanged after a policy review. The Sensex fell 97.41 points or 0.35% to settle at 28085.16 its lowest closing level since 5 August 2016.Other StoriesMarket may open higher on positive global cues   18-Aug  08:00Market may open lower on mixed global cues   17-Aug  07:57Market may slide at opening bell   16-Aug  08:03Market may open on a flat note macro-economic data eyed   12-Aug  08:22A flat opening on the cards   11-Aug  08:21Market may open higher   10-Aug  \n \n END SESSION: Sensex Drops Below 28000 \n Auto pharma stocks and index heavyweights Reliance Industries and HDFC Bank led losses for the two key benchmark indices. The barometer index the S&P BSE Sensex lost 310.28 points or 1.1% to settle at 27774.88. The Nifty 50 index dropped 102.95 points or 1.19% to settle at 8575.30. The Sensex settled below the psychological 28000 level after falling below that level in morning trade. The Sensex and the Nifty 50 index both hit their lowest closing level in almost a week. Key indices fell for the second day in a row today 10 August 2016. All the nineteen sectoral indices on BSE were in the red. Weakness in global stocks weighed on sentiment.The Sensex lost 310.28 points or 1.1% to settle at 27774.88 its lowest closing level since 4 August 2016. The index lost 348.54 points or 1.24% at the days low of 27736.62. The index rose 58.12 points or 0.21% at the days high of 28143.28.The Nifty dropped 102.95 points or 1.19% to settle at 8575.30 its lowest closing level since 4 August 2016. The index shed 113.65 points or 1.31% at the days low of 8564.60. The index rose 11.85 points or 0.14% at the days high of 8690.10.The broad market depicted weakness. There were more than two losers against every gainer on BSE. 1895 shares fell and 835 shares rose. A total of 135 shares were unchanged. The BSE Mid-Cap index declined 1.06%. The fall in this index was lower than the Sensexs decline in percentage terms. The BSE Small-Cap index fell 1.18%. The fall in this index was higher than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3305 crore lower than turnover of Rs 3531.69 crore registered during the previous trading session.All the nineteen sectoral indices on BSE were in the red. The S&P BSE Telecom index down 1.31% the S&P BSE Basic Materials index down 1.17% the S&P BSE Capital Goods index down 1.14% the S&P BSE Finance index down 1.19% the S&P BSE Oil & Gas index down 2.19% the S&P BSE Consumer Discretionary Goods & Services index down 1.84% the S&P BSE Auto index down 1.93% the S&P BSE Bankex down 1.36% the S&P BSE Power index down 1.56% the S&P BSE Utilities index down 1.42% the S&P BSE Realty index down 1.31% the S&P BSE Consumer Durables index down 1.55% the S&P BSE Energy index down 2.04% and the S&P BSE Healthcare index down 1.7% underperformed the Sensex.The S&P BSE FMCG index down 1.03% the S&P BSE Metal index down 0.5% The S&P BSE Industrials down 0.88% ",
WriteIf(DateNum()== 1160811 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 11 August 2016.  In overseas stock markets most Asian stocks declined following overnight losses in US stocks with sentiment likely driven by Wednesdays oil price falls. US stocks closed slightly lower yesterday 10 August 2016 with the S&P 500 index and Nasdaq Composite index retreating from record levels as crude-oil futures slumped following data on supply and production. The US Energy Information Administration reported an increase crude supplies last week while Saudi Arabia revealed record crude production in July. Saudi Arabia is Organization of the Petroleum Exporting Countries OPECs largest oil producer.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 412.56 crore yesterday 10 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 747.27 crore yesterday 10 August 2016 as per provisional data.Bharti Airtel turns ex-dividend today 11 August 2016 for final dividend of Rs 1.36 per share for the year ended 31 March 2016 FY 2016.Among key corporate earnings Grasim Industries and Aditya Birla Nuvo are scheduled to announce Q1 June 2016 results today 11 August 2016.Lupin announced that its US subsidiary Gavis Pharmaceuticals LLC USA has received final approval for its Potassium Chloride Extended-Release Tablets USP 8 mEq 600 mg and 10 mEq 750 mg from the United States Food and Drug Administration USFDA to market a generic equivalent of Upsher-Smith Labs Klor-Con Extended-Release Tablets 8 mEq and 10 mEq. It is an electrolyte replenisher indicated for the therapeutic use of patients with hypokalemia with or without metabolic alkalosis in digitalis intoxication and in patients with hypokalemic familial periodic paralysis. Klor-Con Extended-Release Tablets 8 mEq and 10 mEq had US annual sales of $101.3 million as \n \n END SESSION: Market Snaps Two-Day Losing Streak \n Key benchmark indices registered small to modest gains after seeing intraday volatility. The barometer index the S&P BSE Sensex rose 84.72 points or 0.31% to settle at 27859.60. The gains for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty rose 16.85 points or 0.2% to settle at 8592.15. Index heavyweights ITC Reliance Industries and HDFC led the upmove for the two key benchmark indices. Key indices snapped two-day losing streak today 11 August 2016.The Sensex rose 84.72 points or 0.31% to settle at 27859.60 its highest closing level since 9 August 2016. The index 127.51 points or 0.46% at the days high of 27902.39. The index lost 77.55 points or 0.28% at the days low of 27697.33 its lowest level since 4 August 2016.The Nifty rose 16.85 points or 0.2% to settle at 8592.15 its highest closing level since 9 August 2016. The index rose 25.85 points or 0.3% at the days high of 8601.15. The index fell 35.25 points or 0.41% at the days low of 8540.05 its lowest level since 4 August 2016.In overseas stock markets European stocks edged higher helped by some well-received corporate updates. Earlier during the global day Asian stocks ended on a mixed note as crude oil prices fell. US stocks closed slightly lower yesterday 10 August 2016 with the S&P 500 index and Nasdaq Composite index retreating from record levels as crude-oil futures slumped following data on supply and production. The US Energy Information Administration reported an increase crude supplies last week while Saudi Arabia revealed record crude production in July. Saudi Arabia is Organization of the Petroleum Exporting Countries OPECs largest oil producer.Closer home the market breadth indicating the overall health of the market was negative. On BSE 1518 shares fell and 1167 shares rose. A total of 158 shares were unchanged. The BSE Mid-Cap index rose 0.03%. The BSE Small-Cap index fell 0.02%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 3221 crore lower than turnover of Rs 3320.99 crore registered during the previous trading session.Among sectoral indices on BSE the S&P BSE Telecom index down 0.24% the S&P BSE Basic Materials index down 0.26% the S&P BSE Capital Goods index down 0.22% the S&P BSE Finance index up 0.03% the S&P BSE Consumer Discretionary Goods & Services index down 0.57% the S&P BSE Auto index down 0.45% the S&P BSE Bankex down 0.17% the S&P BSE Utiliti ",
WriteIf(DateNum()== 1160812 , " PRE SESSION:  Market May Open On A Flat Note Macro-Economic Data Eyed \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 12 August 2016. Among macro economic data the government will announce data on industrial production for June 2016 today 12 August 2016. The government will also declare the inflation data based on the consumer price index CPI for July 2016.In overseas stock markets most Asia stocks rose following record high finishes in US markets. US stocks closed higher yesterday 11 August 2016 with the three major indices -the Dow Jones Industrial Average the Nasdaq Composite index and the S&P 500 index closing at record highs amid sharp gains in crude oil prices and strong quarterly results from retailers.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 608.35 crore yesterday 11 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 621.65 crore yesterday 11 August 2016 as per provisional data.Among macro economic data the government will announce data on industrial production for June 2016 today 12 August 2016. Indias industrial production IIP increased 1.2% in May 2016 over May 2015. The government will also declare inflation data based on the consumer price index CPI for July 2016. CPI inflation accelerated to 5.77% in June 2016 from 5.76% in May 2016.Among key corporate earnings Sun Pharmaceutical Industries Bosch and Hindalco Industries are scheduled to announce their June quarter earnings today 12 August 2016.Bharti Airtel said after market hours yesterday 11 August 2016 that the transaction to acquire rights to use 20 megahertz MHz 2300 Band 4G TD spectrum of Aircel has been successfully concluded for Orissa circle following the receipt of all necessary approvals and satisfying all the conditions including conditions stated in the Spectrum Trading Guidelines. With this the company has completed the transaction in 7 \n \n END SESSION: Sensex Settles Above 28000 Mark \n Banking stocks and index heavyweights Reliance Industries RIL and HDFC led gains for the two key benchmark indices with the Sensex reclaiming the psychologically important 28000 mark. The barometer index the S&P BSE Sensex gained 292.80 points or 1.05% to settle at 28152.40. The gains for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty gained 80 points or 0.93% at 8672.15. Positive cues from Asian markets aided the upmove on the domestic bourses.The market breadth indicating the overall health of the market turned negative from positive in late trade. On BSE 1392 shares declined and 1264 shares advanced. A total of 182 shares were unchanged. The BSE Mid-Cap index rose 0.83%. The BSE Small-Cap index rose 0.21%. Both these indices underperformed the Sensex.Bank stocks gained after State Bank of India SBI reported smaller-than-expected decline in net profit in Q1 June 2016 and also reported less than expected increase in bad loans. Shares of SBI surged. Shares of Grasim Industries rose while Aditya Birla Nuvo dropped in highly volatile trade after the board of the directors of these two firms announced the merger of Aditya Birla Nuvo with Grasim as part of a composite Scheme of Arrangement.Shares of oil exploration and production firms gained and those of state-run oil-marketing companies PSU OMCs fell as crude oil prices rose overnight. Shares of Mahindra & Mahindra M&M and Tata Motors gained after reports indicated that Supreme Court has lifted the ban on registration of diesel cars with over 2000 cc engines in Delhi and NCR region. Shares of S P Apparels SPAL made a modest debut.The Sensex gained 292.80 points or 1.05% to settle at 28152.40 its highest closing level since 8 August 2016. The Sensex jumped 343.67 points or 1.23% at the days high of 28203.27. The barometer index up 41.31 points or 0.15% at the days low of 27900.91.The Nifty gained 80 points or 0.93% at 8672.15 its highest closing level since 9 August 2016. The Nifty surged 92.15 points or 1.07% at the days high of 8684.30. The index rose 12.30 points or 0.14% at the days low of 8604.45.The total turnover on BSE amounted to Rs 3968 crore higher than turnover of Rs 3406.04 crore registered during the previous trading session.In overseas stock markets European stocks traded mixed. Main Asia markets rose after the three main indices in the US attained record closing high overnight. Chinese stocks rose after release of a slew  ",
WriteIf(DateNum()== 1160816 , " PRE SESSION:  Market May Slide At Opening Bell \n  Market is seen opening lower tracking mixed cues from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 7 points at the opening bell.In overseas markets fresh record closing highs in US market failed to boost sentiment in Asian trade today 16 August 2016 with most major regional markets slipping. In US the Dow Jones Industrial Average the S&P 500 index and the Nasdaq Composite Index all closed at record highs on Monday 15 August 2016 for the second time since 1999 thanks in part to a sharp uptick in oil prices which boosted energy and materials shares.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1203.71 crore on 12 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 392.47 crore on 12 August 2016 as per provisional data.Among corporate news shares of automobiles and public sector oil marketing companies PSU OMCs will be watched as prices of petrol and diesel were reduced with effect from midnight of 15 August 2016. Petrol prices were reduced by Re 1 a litre at Delhi including state levies with corresponding price revision in other states. With this change the price of Petrol in Delhi reduced to Rs 60.09 a litre. Diesel prices were decreased by Rs 2 a litre at Delhi including state levies with corresponding price revision in other states. With this change the price of Diesel in Delhi reduced to Rs 50.27 a litre.Infosys will be watched. The company announced on Saturday 13 August 2016 that The Royal Bank of Scotland will no longer pursue its plan to separate and list a new UK standalone bank Williams & Glyn W&G and instead will pursue other options for the divestment of this business. Infosys has been a W&G program technology partner for Consulting Application Delivery and Testing services and subsequent to this decision will carry out an orderly ramp-down of \n \n END SESSION: Benchmark Indices Register Small Losses \n Trading for the week began on a subdued note as losses for IT stocks and index heavyweights HDFC and Reliance Industries RIL pushed the two key benchmark indices lower. The barometer index the S&P BSE Sensex fell 87.79 points or 0.31% to settle at 28064.61. The Nifty 50 index fell 29.60 points or 0.34% to setle at 8642.55. The Sensex ended above the psychologically important 28000 mark after falling below that level in intraday trade. The Sensex and the Nifty witnessed intraday volatility.Index heavyweight Reliance Industries edged lower on reports the petroleum ministry has slapped a penalty of nearly $250 million on the company to make good the governments loss of profit petroleum owing to the firms inability to meet the natural gas production targets from the Krishna-Godavari KG D6 block. Infosys edged lower after the company lost a contract from Royal Bank of Scotland RBS as RBS decided not to pursue its plan to separate and list a new UK standalone bank Williams & Glyn W&G. L&T moved higher after the company won a contract from the Maharashtra state government to convert Nagpur into an integrated smart city.Hindalco Industries edged higher with the stock extending previous trading sessions gains triggered by the company reporting strong Q1 June 2016 earnings. State Bank of India edged higher with the stock extending previous sessions gains triggered by the state-run bank reporting a smaller-than-expected increase in bad loans in Q1 June 2016. Sun Pharmaceutical Industries edged lower on reports that a foreign brokerage has downgraded the stock to neutral from buy citing increased competition for the companys US subsidiary.The Sensex fell 87.79 points or 0.31% to settle at 28064.61 its lowest closing level since 11 August 2016. The Sensex fell 209.75 points or 0.75% at the days low of 27942.65. The index rose 46.70 points or 0.17% at the days high of 28199.10.The Nifty 50 index fell 29.60 points or 0.34% to setle at 8642.55 its lowest closing level since 11 August 2016. The Nifty fell 71.70 points or 0.83% at the days low of 8600.45. The index rose 10.20 points or 0.12% at the days high of 8682.35.The market breadth indicating the overall health of the market was negative. On BSE 1614 shares fell and 1110 shares rose. A total of 169 shares were unchanged. The BSE Mid-Cap index rose 0.55% outperforming the Sensex. The BSE Small-Cap index fell 0.01%. The decline in this index was lower than the Sensexs decline  ",
WriteIf(DateNum()== 1160817 , " PRE SESSION:  Market May Open Lower On Mixed Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 24.50 points at the opening bell on mixed global cues.In overseas stock markets Asian shares were mixed today 17 August 2016 after New York Fed President William Dudley said the Fed could raise interest rates as soon as September prompting investors to pause after rallies in recent weeks. US stocks eased from record highs yesterday 16 August 2016 with the S&P 500 losing 0.55% as investors weighed hawkish comments by Federal Reserve officials against sharp gains for oil futures a weakening dollar and fresh consumer-price data that showed US inflation remains tepid. Dudley said a rate hike in September was possible while Atlanta Fed President Dennis Lockhart said the US economy is likely strong enough for at least one rate increase before the end of 2016 with two a possibility. Dudley cited evidence of wage gains and a tighter labor market that could boost inflation. Their comments came ahead of an annual meeting of central bankers from around the world in Jackson Hole Wyoming next week.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 684.73 crore yesterday 16 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 108.98 crore yesterday 16 August 2016 as per provisional data.Among corporate news Tata Power Company will be watched. The company announced after market hours yesterday 16 August 2016 that its wholly owned subsidiary Tata Power International TPIPL had signed an agreement for sale of its 50% stake in OTP Geothermal Singapore OTP to KS Orka Renewables KS Orka in April 2016. TPIPL has now completed the sale of its stake in OTP to KS Orka. OTP a 50:50 joint venture with Origin Energy holds a 95% interest in Indonesias PT Sorik Marapi Geothermal Power SMGP. SMGP is currently pursuing development of 240 megawatts Sorik Marap \n \n END SESSION: Key Indices Register Small Losses \n IT stocks and index heavyweight Reliance Industries RIL led losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 59.24 points or 0.21% to settle at 28005.37. The Nifty 50 index fell 18.50 points or 0.21% to settle at 8624.05. The Sensex settled a tad above the psychologically important 28000 mark. The index fluctuated alternately above and below that level in intraday trade after falling below that mark in afternoon trade. Losses for Asian and European stocks weighed on the domestic bourses. With losses for the second straight trading session the Sensex and the Nifty both hit their lowest closing level in almost a week.Infosys edged lower with the stock extending previous trading sessions decline triggered by the companys announcement that it had lost a contract from Royal Bank of Scotland. Reliance Industries moved lower with the stock extending losses registered during the previous trading session triggered by media reports that the petroleum ministry has slapped a penalty of nearly $250 million on the company. Tata Motors eked out small gains after global credit rating agency Standard & Poors Global Ratings upgraded its long-term corporate rating on Tata Motors to ‘BB+ from BB earlier citing improvement in the companys competitive position following the better performance of its 100% subsidiary Jaguar Land Rover Automotive PLC JLR.Piramal Enterprises gained after the companys announcement that its wholly owned US subsidiary has entered into an agreement to acquire 100% stake in Ash Stevens Inc a US-based contract development and manufacturing organisation CDMO in an all cash deal. InterGlobe Aviation edged higher on reports that a foreign brokerage has upgraded its rating on the stock to buy from neutral. Shares of Zee Learn and Tree House Education & Accessories both surged after the board of directors of both the companies approved revised scheme of merger.The Sensex fell 59.24 points or 0.21% to settle at 28005.37 its lowest closing level since 11 August 2016. The Sensex fell 104.47 points or 0.37% at the days low of 27960.14. The index rose 109.69 points or 0.39% at the days high of 28174.30.The Nifty 50 index fell 18.50 points or 0.21% to settle at 8624.05 its lowest closing level since 11 August 2016. The Nifty fell 38.95 points or 0.45% at the days low of 8603.60. The index rose 24.55 points or 0.28% at the days high of 8667.10.The market breadth indicating the overall health of ",
WriteIf(DateNum()== 1160818 , " PRE SESSION:  Market May Open Higher On Positive Global Cues \n  Market is seen opening higher tracking positive leads from Asian markets and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 21 points at the opening bell.In overseas stock markets most Asian stocks rose after minutes of the US Federal Reserves latest meeting showed policymakers were in no rush to raise interest rates. US stocks closed slightly higher yesterday 17 August 2016 sharply paring earlier losses as minutes from the Federal Reserves July meeting showed policy makers remain divided on prospects for a near-term rate increase. Stocks bounced off session lows after St. Louis Federal Reserve President James Bullard said that with US growth trending below 2% interest rates can stay low.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 0.05 crore yesterday 17 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 89.37 crore yesterday 17 August 2016 as per provisional data.Among corporate news shares of L&T turn ex-dividend today 18 August 2016 for dividend of Rs 18.25 per share for the year ended 31 March 2016.Shares of Bharat Electronics turn ex-dividend today 18 August 2016 for final dividend of Rs 14.50 per share for the year ended 31 March 2016.Hindalco Industries Hindalco announced that its wholly owned US subsidiary Novelis Inc has completed refinancing of its $1.15 billion senior notes due 2024. The notes were priced at par value and will bear an interest rate of 6.25% per annum. Novelis intends to use the net proceeds of the offering to retire its outstanding 8.375% senior notes due 2017. The announcement was made after market hours yesterday 17 August 2016.Mahindra & Mahindra M&M after market hours yesterday 17 August 2016 announced incorporation of a subsidiary company in Mexico viz. Mahindra Mexico S. de. R.L. It was incorporated as a 99 \n \n END SESSION: Nifty Settles At Over One-Week High \n Key benchmark indices registered modest gains after the minutes of the latest US Federal Reserve meeting indicated that a rate hike from the Fed was unlikely at the Feds September policy meeting. The barometer index the S&P BSE Sensex rose 118.07 points or 0.42% to settle at 28123.44. The gains for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty rose 49.20 points or 0.57% to settle at 8673.25. A delay in interest rate increases from the Fed would slow capital flight from emerging markets. The Sensex and the Nifty snapped a two-day losing streak.The Nifty hit highest closing level in more than a week on intraday basis as well as on closing basis. The Sensex hit highest level in more than a week on intraday basis and on closing basis the barometer index attained its highest closing level in almost a week.Reliance Industries eked out minuscule gains after the company issued a clarification with reference to news item suggesting that the oil ministry slapped $250 million profit petroleum penalty on RIL owing to the firms inability to meet the natural gas production targets from the Krishna-Godavari KG D6 block. Bharti Airtel edged higher after Singapore Telecommunications announcement that it has entered into conditional share purchase agreement with Temasek to acquire an additional 7.39% stake in Bharti Telecom from Temasek. Gammon India surged after the company bagged a highway project worth Rs 869.99 crore in Karnataka from National Highways Authority of India.The Sensex rose 118.07 points or 0.42% to settle at 28123.44 its highest closing level since 12 August 2016. The Sensex rose 208.80 points or 0.75% at the days high of 28214.17. The index rose 71.63 points or 0.26% at the days low of 28077.The Nifty rose 49.20 points or 0.57% to settle at 8673.25 its highest closing level since 9 August 2016. The Nifty rose 66.65 points or 0.77% at the days high of 8690.70. The index rose 21 points or 0.24% at the days low of 8645.05.The market breadth indicating the overall health of the market was strong. On BSE 1670 shares rose and 1017 shares fell. A total of 179 shares were unchanged. The BSE Mid-Cap index rose 0.43%. The BSE Small-Cap index rose 1.01%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 3114 crore higher than turnover of Rs 2848.97 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Utilities index ",
WriteIf(DateNum()== 1160819 , " PRE SESSION:  Market May Open Lower On Negative Asian Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 16 points at the opening bell on negative Asian cues.In overseas markets most Asian stocks declined. US stocks eked out gains yesterday 18 August 2016 following upbeat earnings and forecast from Wal-Mart and as higher oil lifted energy shares.In the global commodities markets Brent for October settlement was down 1 cents at $50.88 a barrel. The contract had risen $1.04 a barrel or 2.09% to settle at $50.89 a barrel during the previous trading session.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 162.17 crore yesterday 18 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 14.42 crore yesterday 18 August 2016 as per provisional data.Among corporate news State Bank of India SBI and its associate banks will be in focus after SBI after trading hours yesterday 18 August 2016 announced the merger of 5 associate banks viz. State Bank of Bikaner and Jaipur SBBJ State Bank of Mysore SBM State Bank of Travancore SBT State Bank of Hyderabad and State Bank of Patiala with itself. SBI also announced the merger of unlisted Bharatiya Mahila Bank BMBL with itself. As per the swap ratio for the merger 28 equity shares of SBI will be issued for every 10 shares held in SBBJ. For both SBM and SBT the swap ratio for merger is 22 shares of SBI for every 10 shares held in SBM and SBT. State Bank of Hyderabad and State Bank of Patiala are both not listed on the bourses. SBI had announced in May 2016 that it was considering the merger of 5 associate banks and BMBL with itself.Wipro said that the company has made minority strategic investment to acquire a minority stake of less than 20% in Intsights Cyber Intelligence for $1.5 million. Intsights offers threat intelligence driven security platform. The announcement was made after market hours yesterday  \n \n END SESSION: Market Slips After Range Bound Trading \n Key benchmark indices declined in lackluster trading session. The barometer index the S&P BSE Sensex fell 46.44 points or 0.17% to settle at 28077. The losses for the Sensex were higher in percentage terms than those for the Nifty 50 index. The Nifty 50 index fell 6.35 points or 0.07% to settle at 8666.90. The market sentiment was weak as European stocks drifted lower.State Bank of India SBI edged higher after the state-run bank announced the merger of 5 associate banks with itself. Coal India extended losses registered during the previous trading session triggered by reports that the government proposes to divest 5-10% stake in the company in Q4 March 2017.Vedanta and Cairn India edged higher after Vedantas Chief Executive Officer CEO Tom Albanese was quoted as saying that the company received a constructive feedback from minority shareholders of Cairn India to the revised merger deal of Cairn India with Vedanta.In overseas stock markets European stocks edged lower amid uncertainty over the trajectory of US monetary policy. Asian stocks witnessed a mixed trend after some Federal Reserve officials reiterated the case for raising US interest rates in coming months. US stocks eked out gains yesterday 18 August 2016 following upbeat earnings and forecast from Wal-Mart and as higher oil lifted energy shares.The Sensex fell 46.44 points or 0.17% to settle at 28077 its lowest closing level since 17 August 2016. The Sensex lost 97.32 points or 0.35% at the days low of 28026.12. The index rose 88.86 points or 0.32% at the days high of 28212.30.The Nifty 50 index fell 6.35 points or 0.07% to settle at 8666.90 its lowest closing level since 17 August 2016. The index rose 23.35 points or 0.27% at the days high of 8696.60. The index fell 26.15 points or 0.3% at the days low of 8647.10.The market breadth indicating the overall health of the market was positive. On BSE 1471 shares rose and 1238 shares fell. A total of 181 shares were unchanged. The BSE Mid-Cap index rose 0.52%. The BSE Small-Cap index rose 0.45%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 3184 crore.Among the sectoral indices on BSE the S&P BSE Basic Materials index up 1.10% the S&P BSE Metal index up 1% the S&P BSE Consumer Durables index up 0.94% the S&P BSE Oil & Gas index up 0.68% the S&P BSE Bankex up 0.45% the S&P BSE Capital Goods index up 0.38% the S&P BSE Energy index up 0.30% the S&P BSE Industrials i ",
WriteIf(DateNum()== 1160822 , " PRE SESSION:  Market May Edge Slightly Higher In Early Trade \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could gain 11 points at the opening bell. Meanwhile the government on Saturday 20 August 2016 named Reserve Bank of India RBI deputy governor Urjit R Patel as new RBI governor. Patel who handles the monetary policy department as the RBI deputy governor will take charge on 4 September 2016 the day when Raghuram Rajans 3-year term as the RBI governor ends. Patels term is also for a 3 year period.In overseas stock markets Asian stocks were trading mixed amid uncertainty whether the US Federal Reserve is readying an interest rate hike next month. US stocks registered small losses on Friday 19 August 2016 with traders holding their horses ahead of a speech from Federal Reserve chair Janet Yellen at Jackson Hole this week. US Fed Chair Janet Yellen speech at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming is scheduled on Friday 26 August 2016. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 409.94 crore on Friday 19 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs purchased shares worth a net Rs 106.19 crore on Friday 19 August 2016 as per provisional data.Among corporate news State Bank of India SBI announced that the Committee of directors of the bank is scheduled to meet on 24 August 2016 to examine the status and decide on long term AT1 fund raising in single/multiple tranches in domestic/foreign currency through a public offer and/or private placement during the current financial year FY 2017. The announcement was made on Saturday 20 August 2016.NTPC and HPCL are scheduled to announce Q1 June 2016 results today 22 August 2016.Key benchmark indices registered small losses in a lackluste \n \n END SESSION: Sensex Hits 1-1/2-Week Closing Low \n Key benchmark indices registered modest losses after the government named Reserve Bank of India RBI deputy governor Urjit Patel who is known as an inflation hawk as the new RBI governor to succeed Raghuram Rajan. The barometer index the S&P BSE Sensex fell 91.46 points or 0.33% to settle at 27985.54. The decline for the Nifty 50 index was higher than the Sensexs fall in percentage terms. The Nifty fell 37.75 points or 0.44% to settle at 8629.15. The Sensex fell below the psychologically important 28000 level. The barometer index hit 1-1/2-week closing low.Patel who handles the monetary policy department as the RBI deputy governor will take charge as the new RBI governor on 4 September 2016 the day when Rajans 3-year term as the RBI governor ends. Patels term is also for a 3 year period. By naming Patel who is a deputy governor at the central bank as the new RBI governor the government is sending signal to markets that there will be continuity of central banks policies.The government early this month notified consumer price inflation target of 4% with upper tolerance level of 6% and lower tolerance level of 2% to be achieved by RBI. This target is valid until 31 March 2021.Stocks of most public sector banks edged lower and those of private sector banks witnessed a mixed trend after Patel was named new RBI governor. NTPC edged lower after the company announced uninspiring Q1 results. Sun TV Network dropped after the companys EBITDA margin declined 166 basis points in Q1 June 2016 over Q1 June 2015The Sensex fell 91.46 points or 0.33% to settle at 27985.54 its lowest closing level since 11 August 2016. The index rose 66.28 points or 0.23% at the days high of 28143.28. The index lost 158.95 points or 0.56% at the days low of 27918.05.The Nifty 50 index fell 37.75 points or 0.44% to settle at 8629.15 its lowest closing level since 17 August 2016. The index rose 17.95 points or 0.2% at the days high of 8684.85. The index lost 52.90 points or 0.61% at the days low of 8614.The market breadth indicating the overall health of the market was negative. On BSE 1456 shares declined and 1257 shares rose. A total of 206 shares were unchanged. The BSE Mid-Cap index fell 0.42%. The decline in this index was higher than the Sensexs decline in percentage terms. The BSE Small-Cap index fell 0.14%. The decline in this index was lower than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3040 crore lower than turnov ",
WriteIf(DateNum()== 1160823 , " PRE SESSION:  Flat To Slightly Lower Opening On Cards \n  Market is seen opening flat to slightly lower on lackluster trading in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could slide 6 points at the opening bell.In overseas stock markets most Asian stocks edged lower tracking lackluster trading in US stocks overnight. Markets were playing wait-and-see ahead of a key speech from US Federal Reserve chair later this week. In Japan the Nikkei 225 Average was currently off 0.22%. The Nikkei flash Japan manufacturing purchasing managers index PMI rose to 49.6 in August from Julys reading 49.3. A reading above 50 signals an improvement while one below 50 points to a contraction in activity. Augusts flash PMI shows a contraction for the sixth month in a row. In mainland China the Shanghai Composite was currently up 0.36%. In Hong Kong the Hang Seng was currently off 0.24%. Chinese business confidence weakened in August after showing signs of stability in recent months clouding investors outlook on the worlds second largest economy. The MNI Deutsche Borse Group business sentiment indicator declined to 54.3 in August from Julys reading of 55.5.US stocks closed mostly lower yesterday 22 August 2016 dragged down by energy shares on lower crude oil prices. Federal Reserve chair Janet Yellens speech at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming is scheduled on Friday 26 August 2016. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 300.50 crore yesterday 22 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs purchased shares worth a net Rs 52.50 crore yesterday 22 August 2016 as per provisional data.Among corporate news GAIL India and Silicon Valley-based Bloom Energy signed a memora \n \n END SESSION: Market Ends Almost Unchanged For The Day \n A recovery towards the latter part of the trading session helped key benchmark indices end near the flat line. The barometer index the S&P BSE Sensex rose 4.67 points or 0.02% to settle at 27990.21. The Nifty 50 index rose 3.45 points or 0.04% to settle at 8632.60. A bout of volatility was witnessed in late trade as these two key benchmark indices staged a recovery after extending intraday losses in mid-afternoon trade. Benchmark indices languished in negative zone for most part of the trading session. With minuscule gains benchmark indices snapped two-day losing streak.Power equipment major Bharat Heavy Electricals edged lower on reports that the company may lose a major power plant order from state-run NTPC. Reliance Infrastructure RInfra edged higher after the company announced the successful completion of the sale of its 100% shareholding in Reliance Cement Company to Birla Corporation. Tata Power Company edged lower after the company reported a sharp fall in bottom line in Q1 June 2016.Shares of Idea Cellular surged on media reports that it is in exploratory talks for a possible merger with Vodafone Group Plcs Indian arm. HPCL edged lower after the companys average gross refining margin dropped to $6.83 per barrel in Q1 June 2016 from $8.56 per barrel in Q1 June 2015.The Sensex rose 4.67 points or 0.02% to settle at 27990.21 its highest closing level since 19 August 2016. The index rose 43.44 points or 0.15% at the days high of 28028.98. The barometer index lost 131.11 points or 0.46% at the days low of 27854.43.The Nifty 50 index rose 3.45 points or 0.04% to settle at 8632.60 its highest closing level since 19 August 2016. The index rose 13 points or 0.15% at the days high of 8642.15. The index lost 49.15 points or 0.56% at the days low of 8580.The market breadth indicating the overall health of the market was negative. On BSE 1358 shares declined and 1313 shares rose. A total of 205 shares were unchanged. The BSE Mid-Cap index declined 0.28%. The BSE Small-Cap index lost 0.07%. Both these indices underperformed the Sensex.The total turnover on BSE amounted to Rs 3320 crore higher than turnover of Rs 3056.43 crore registered during the previous trading session.Among sectoral indices on BSE the S&P BSE Oil & Gas index down 1.48% the S&P BSE Power index down 1.11% the S&P BSE Capital Goods index down 1.1% the S&P BSE Energy index down 1.01% the S&P BSE FMCG index down 0.82% the S&P BSE Utilities index down 0.53 ",
WriteIf(DateNum()== 1160824 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening lower. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could slide 23.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend as traders remained in a wait-and-see mode ahead of Federal Reserve Chairwoman Janet Yellens speech later this week. US stocks registered small gains yesterday 23 August 2016 with materials stocks leading the gains. Yellens speech at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming on Friday 26 August 2016 may provide cues on the timing of the next rate hike from the Fed. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 0.19 crore yesterday 23 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 451.87 crore yesterday 23 August 2016 as per provisional data.Among corporate news On consolidated basis Aurobindo Pharmas net profit rose 23.81% to Rs 584.96 crore on 12.42% growth in total income to Rs 3741.79 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 23 August 2016.Idea Cellular will be in focus after the company issued clarification after market hours yesterday 23 August 2016 regarding a news item about the company exploring options for a strategic deal with Vodafone. Idea Cellular said that the news item is absolutely untrue and preposterous. Media reports suggested that Idea Cellular is in exploratory talks for a possible merger with Vodafone Group Plcs Indian arm.A recovery towards the latter part of the trading session helped key benchmark indices end near the flat line yesterday 23 August 2016. The Sensex rose 4.67 points or 0.02% to settle at 27990.21 its highest closing level sinc \n \n END SESSION: Sensex Settles Above 28000 Mark \n Key benchmark indices registered small gains in a lacklustre trading session. The barometer index the S&P BSE Sensex rose 69.73 points or 0.25% to settle at 28059.94. The Nifty 50 index rose 17.70 points or 0.21% to settle at 8650.30. The Sensex and the Nifty edged higher for the second day in a row. The small upmove took the Sensex above the psychologically important 28000 level. The index alternately swung above and below that level in intraday trade. It had settled a tad below that level during the previous trading session.Maruti Suzuki India edged higher on reports that a foreign brokerage has upgraded its rating on the stock to buy from outperform with target price of Rs 5850 per share. Aurobindo Pharma surged after the company announced strong Q1 results. Indian Oil Corporation moved higher after the company said that its board of directors will consider issue of bonus shares along with Q1 June 2016 results on 29 August 2016.Index heavyweight and software major Infosys nudged higher on reports that the company may get about $60 million Rs 400 crore in incremental revenue over the third and fourth quarters of the current financial year FY 2017 as part of the Rs 1380 crore Goods Services and Tax Network GSTN project. Idea Cellular edged lower after the company denied reports that it was in merger talks with Vodafone India.Welspun India tumbled on reports that Wal-Mart Stores Inc. is reviewing Welspuns cotton certification records following Target Corp.s decision to snap ties with the Indian textile maker over a cotton supply dispute.In overseas stock markets bank stocks led gains in European equities. In Germany the latest data showed that the German economy slowed in the second quarter as investment dropped after a strong start to the year. Germanys gross domestic product grew at a quarterly rate of 0.4% or an annualized rate of 1.7% according to the Federal Statistical Office Destatis. The economy expanded at a quarterly clip of 0.7% in the first quarter. Asian stocks witnessed a mixed trend ahead of Federal Reserve Chairwoman Janet Yellens speech later this week which could provide hints about the timing of the next rate hike from the Fed.US stocks registered small gains yesterday 23 August 2016 after upbeat data on US new-home sales. Yellen is due to speak on Friday 26 August 2016 at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming. Minutes from the Federal Open Market Committees FOMC July ",
WriteIf(DateNum()== 1160825 , " PRE SESSION:  Market Seen Opening Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could gain 24.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend ahead of Federal Reserve Chairwoman Janet Yellens speech tomorrow 26 August 2016 which could provide hints about the timing of the next rate hike from the Fed. US stocks closed lower yesterday 24 August 2016 with healthcare stocks leading declines while investors eagerly awaited a speech from Federal Reserve Chairwoman Janet Yellen. Yellen is due to speak tomorrow 26 August 2016 at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 39.28 crore yesterday 24 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 129.18 crore yesterday 24 August 2016 as per provisional data.Among corporate news Bosch said it has fixed 6 September 2016 as the record date for the proposed buyback offer of the company. The announcement was made after market hours yesterday 24 August 2016.Key benchmark indices registered small gains in a lacklustre trading session yesterday 24 August 2016. The Sensex rose 69.73 points or 0.25% to settle at 28059.94 its highest closing level since 19 August 2016.Other StoriesMarket may open flat to slightly lower   1-Sep  08:36Market may open flat to slightly higher   31-Aug  08:32Market may open slightly higher on firm Asian stocks   30-Aug  08:33Market may drop in early trade   29-Aug  08:28Market may edge higher in early trade   26-Aug  08:14Market seen opening higher   25-Aug  08:20Market may edge lower in early trade   24-Aug  08:18Flat to slightly lower opening on cards   23-Aug  08:14Marke \n \n END SESSION: Sensex Settles At Over 2-Week Closing Low \n Telecom IT metal sector stocks and index heavyweight HDFC led losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 224.03 points or 0.8% to settle at 27835.91. The decline in the Nifty 50 index was lower than the Sensexs fall in percentage terms. The Nifty fell 58.10 points or 0.67% to settle at 8592.20. The Sensex settled below the psychologically important 28000 level. Weakness in European stocks weighed on the domestic bourses. European stocks edged lower as a closely watched indicator of the German economy declined in August 2016. The latest slide on the bourses materialized as the near month August 2016 contracts in the futures and options F&O segment expired. The Sensex hit its lowest closing levels in more than two weeks. The Nifty hit a two-week closing low.Key benchmark indices reversed direction after holding positive zone until afternoon trade. The indices extended losses in late trade.Globally investors are awaiting speech tomorrow 26 August 2016 from Federal Reserve Chairwoman Janet Yellen which could provide hints about the timing of the next rate hike from the Fed. High US interest rates would pull money out of emerging markets and redirect it to the US. Yellen is due to speak at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Closer home the Union Cabinet yesterday 24 August 2016 approved amendments to the Double Taxation Avoidance Agreement DTAA with Cyprus which could impact foreign portfolio investment and foreign direct investment into India from Cyprus.The Sensex fell 224.03 points or 0.8% to settle at 27835.91 its lowest closing level since 10 August 2016. The index rose 94.27 points or 0.33% at the days high of 28154.21. The index fell 256.70 points or 0.91% at the days low of 27803.24.The Nifty 50 index fell 58.10 points or 0.67% to settle at 8592.20 its lowest closing level since 11 August 2016. The index rose 32.75 points or 0.37% at the days high of 8683.05. The index fell 66.65 points or 0.77% at the days low of 8583.65.The market breadth indicating the overall health of the market was negative. On BSE 1467 shares declined and 1232 shares rose. A total of 187 shares were unchanged. The BSE Mid-Cap index lost 0.35%. The BSE Small-Cap index fell 0.11%. The losses for both these indices were ",
WriteIf(DateNum()== 1160826 , " PRE SESSION:  Market May Edge Higher In Early Trade \n  Market is seen opening higher. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could gain 16.50 points at the opening bell.In overseas stock markets Asian stocks witnessed a mixed trend with most of the markets remained relatively flat throughout the week ahead of Federal Reserve Chairwoman Janet Yellens speech today 26 August 2016 which could provide hints about the timing of the next rate hike from the Fed. US stocks registered small losses yesterday 25 August 2016 with healthcare stocks extending previous trading sessions decline.Globally investors are awaiting Yellens speech today 26 August 2016 which could provide hints about the timing of the next rate hike from the Fed. High US interest rates would pull money out of emerging markets and redirect it to the US. Yellen is due to speak at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 372.08 crore yesterday 25 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 357.02 crore yesterday 25 August 2016 as per provisional data.Among corporate news Tata Motors is scheduled to announce Q1 June 2016 results today 26 August 2016.State Bank of India SBI and ICICI Bank will be in focus after the Reserve Bank of India RBI continued to classify these two banks as domestic systemically important banks D-SIBs. The additional Common Equity Tier 1 CET1 requirement for D-SIBs has already been phased-in from 1 April 2016 and would become fully effective from 1 April 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. On account of being classified as D-SIB there is additional CET1 re \n \n END SESSION: Nifty Hits Lowest Closing Level In More Than 3 Weeks \n Key benchmark indices registered small losses after witnessing volatility towards late trade. The barometer index the S&P BSE Sensex lost 53.66 points or 0.19% to settle at 27782.25. The Nifty 50 index lost 19.65 points or 0.23% to settle at 8572.55. Key benchmark indices extended losses in mid-afternoon trade after witnessing a range bound movement until then. Benchmark indices trimmed losses in late trade. The Sensex hit its lowest closing level in more than two weeks. The Nifty hit its lowest closing level in more than three weeks.Caution prevailed on the bourses ahead of a speech by Federal Reserve Chairwoman Janet Yellen later in the global day at the Kansas City Feds annual Monetary Policy Symposium in Jackson Hole Wyoming which could provide hints about the timing of the next rate hike from the Fed. High US interest rates would pull money out of emerging markets and redirect it to the US. Minutes from the Federal Open Market Committees FOMC July meeting showed officials were split on whether an increase in interest rate was needed soon.Stocks of public sector banks edged lower. Stocks of private sector banks were mixed. Capital goods stocks edged lower. Index heavyweight Reliance Industries nudged higher. Tata Motors shrugged off weak Q1 results. Biocon gained after European Medicines Agency accepted for review Biocons partner Mylans marketing authorization application for a proposed biosimilar Trastuzumab.The Sensex lost 53.66 points or 0.19% to settle at 27782.25 its lowest closing level since 10 August 2016. The index rose 99.97 points or 0.35% at the days high of 27935.88. The index fell 138.92 points or 0.49% at the days low of 27696.99.The Nifty lost 19.65 points or 0.23% to settle at 8572.55 its lowest closing level since 4 August 2016. The index rose 30.75 points or 0.35% at the days high of 8622.95. The index fell 44.65 points or 0.51% at the days low of 8547.55.The BSE Mid-Cap index rose 0.17% outperforming the Sensex. The BSE Small-Cap index lost 0.12%. The decline in this index was lower than the Sensexs decline in percentage terms.The market breadth indicating the overall health of the market was negative. On BSE 1547 shares declined and 1094 shares rose. A total of 209 shares were unchanged.The total turnover on BSE amounted to Rs 2784 crore lower than turnover of Rs 2922.56 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE IT index down 1.25% the BSE Ca ",
WriteIf(DateNum()== 1160829 , " PRE SESSION:  Market May Drop In Early Trade \n  Key indices may edge lower in early trade tracking weakness in most of the Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could fall 26.35 points at the opening bell.In overseas stock markets Asian stocks edged lower after Federal Reserve Chairwoman Janet Yellen on Friday 26 August 2016 signaled the possibility of an interest-rate increase later this year but Japanese shares bucked the trend boosted by a relatively weaker yen. Japans Nikkei Average was currently up 2.24%. Investors tend to pull money out of assets in emerging markets and redirect it to the US if there is a hike in US interest rates.US stocks closed mixed on Friday 26 August 2016 after Federal Reserve Chairwoman Janet Yellen signaled the possibility of an interest-rate increase later this year. On Friday 26 August 2016 Yellen in her highly-anticipated speech at an economic symposium at Jackson Hole Wyoming said she was optimistic about the US economy fueling expectations that interest rate hikes were ahead. She said the Federal Open Market Committee continued to anticipate gradual increases in the federal funds rate over time to achieve and sustain employment and inflation in line with the Feds objectives. She added the solid performance in the US labor market and outlook for economic activity and inflation had strengthened the case in recent months for an increase in the federal funds rate.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 341.35 crore on Friday 26 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 266.43 crore on Friday 26 August 2016 as per provisional data.Among corporate news Indusind Bank said it opened its first branch in Pathankot Punjab. With this the bank now has 81 branches in Punjab. The announcement was made after trading hours on Friday 26 August 2016.Key benchmark indices registered sm \n \n END SESSION: Key Indices Register Modest Gains \n Auto metal stocks and index heavyweight Reliance Industries led modest gains for key benchmark indices in a volatile trading session. The barometer index the S&P BSE Sensex rose 120.41 points or 0.43% to settle at 27902.66. The Nifty 50 index rose 34.90 points or 0.41% to settle at 8607.45. The Sensex and the Nifty snapped two-day losing streak.Stocks of public sector banks edged higher. Stocks of private sector banks were mixed. Tata Motors extended gains registered during the previous trading session in the wake of the announcement of Q1 June 2016 results. Vedanta rose after the company said third unit of its Talwandi Sabo power plant in Punjab achieved commercial operation date. Indian Oil Corporation IOCL fell after the companys average gross refining margin dropped in Q1 June 2016. L&T rose after companys Chairman A. M. Naik said that the companys goal is to achieve revenue of Rs 2 lakh crore by 2021 without compromising on profit margins.The Sensex rose 120.41 points or 0.43% to settle at 27902.66 its highest closing level since 24 August 2016. The index rose 170.60 points or 0.61% at the days high of 27952.85. The index fell 83.54 points or 0.3% at the days low of 27698.71.The Nifty rose 34.90 points or 0.41% to settle at 8607.45 its highest closing level since 24 August 2016. The index rose 49.45 points or 0.57% at the days high of 8622. The index fell 28.80 points or 0.33% at the days low of 8543.75.The BSE Mid-Cap index rose 0.49% outperforming the Sensex. The BSE Small-Cap index rose 0.09% underperforming the Sensex.The market breadth indicating the overall health of the market was negative. On BSE 1465 shares declined and 1216 shares rose. A total of 206 shares were unchanged.The total turnover on BSE amounted to Rs 2909 crore higher than turnover of Rs 2799.42 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Industrials index up 1.44% the BSE Auto index up 1.44% the BSE Capital Goods index up 1.17% and the BSE Metal index up 1.07% outperformed the Sensex. The BSE IT index down 0.89% the BSE Telecom index down 0.81% the BSE Bankex index up 0.24% and the BSE Realty index down 0.81% underperformed the Sensex.Index heavyweight Reliance Industries RIL rose 2.85% at Rs 1057. The companys Annual General Meeting AGM is scheduled on Thursday 1 September 2016.Stocks of public sector banks edged higher. Canara Bank up 1.56% Bank of Baroda up 1.17 ",
WriteIf(DateNum()== 1160830 , " PRE SESSION:  Market May Open Slightly Higher On Firm Asian Stocks \n  Key indices may edge higher in early trade tracking gains in most of the Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could gain 20.75 points at the opening bell.In overseas stock markets Asian stocks rose tracking overnight gains in US stocks as commodities prices rebounded. US stocks finished higher yesterday 29 August 2016 on increased prospects for Federal Reserve rate increases in 2016. Investors continued to weigh remarks by Federal Reserve Chairwoman Janet Yellen who said late last week in Jackson Hole Wyo. that an improving US economy had strengthened the case for a rate increase. The Fed last December delivered its first rate increase in nearly a decade. The focus is now on US nonfarm-payroll data for August due this Friday 2 September 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 286.52 crore yesterday 29 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 17.49 crore yesterday 29 August 2016 as per provisional data.Among corporate news Coal India after market hours yesterday 29 August 2016 announced that it has fixed 9 September 2016 as the record date for the purpose of buyback of equity shares. The companys board on 11 July 2016 approved buyback of shares at a price of Rs 335 per share for an aggregate consideration not exceeding Rs 3650 crore through the tender offer route. The companys promoters would participate in the buyback.Zee Entertainment Enterprises Zee in its clarification with regard to news item titled Sony likely to buy Ten Sports from Zee Entertainment for about Rs 2000 crore said that the company is at an advanced stage of discussion for sale of the sports business with potential buyers. However owing to confidentiality provisions the company is unable to comment on specific details or timelines Zee said. Appropriate disclosures will be \n \n END SESSION: Market Gains On Positive Global Cues \n Auto IT and banking stocks and index heavyweights HDFC and ITC led strong gains for key benchmark indices. The barometer index the S&P BSE Sensex jumped 440.35 points or 1.58% to settle at 28343.01. The Nifty 50 index rose 136.90 points or 1.59% to settle at 8744.35. The Sensex settled above the psychological 28000 mark after reclaiming that level in the opening trade. Barring the S&P BSE Telecom index all the remaining 18 sectoral indices on BSE registered gains.Gains in global stocks aided the upmove on the domestic bourses. Key indices hovered in positive zone throughout the trading session after a positive start. The Sensex hit its highest closing level in more than 13 months. The Nifty hit its highest closing level in more than 16 months. The Sensex and the Nifty rose for the second straight trading session.Wipro rose after the company announced a partnership with Stibo Systems a global leader in multi-domain Master Data Management MDM solutions. Oracle Financial Services Software dropped on turning ex-dividend. Maruti Suzuki India nudged higher after the company announced the launch of sporty Swift Deca a limited edition model of its most popular hatchback. Bharti Airtel extended recent losses triggered by the company slashing rates for prepaid internet data plan. Coal India rose after the company announced that it has fixed 9 September 2016 as the record date for the purpose of buyback of equity shares.In overseas stock markets Asian and European stocks edged higher tracking overnight gains in US market. Bank stocks led gains in US stocks yesterday 29 August 2016 on increased prospects for interest rate hike from the Federal Reserve in 2016. Investors continued to weigh remarks by Federal Reserve Chairwoman Janet Yellen who said late last week in Jackson Hole Wyo. that an improving US economy had strengthened the case for a rate increase. The Fed last December delivered its first rate increase in nearly a decade. The focus is now on US nonfarm-payroll data for August due on Friday 2 September 2016.The Sensex jumped 440.35 points or 1.58% to settle at 28343.01 its highest closing level since 23 July 2015. The index surged 575.36 points or 2.06% at the days high of 28478.02. The index gained 108 points or 0.38% at the days low of 28010.66.The Nifty rose 136.90 points or 1.59% to settle at 8744.35 its highest closing level since 15 April 2015. The index rose 143.15 points or 1.66% at the days high of 8750.60. The index gaine ",
WriteIf(DateNum()== 1160831 , " PRE SESSION:  Market May Open Flat To Slightly Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening. In overseas stock markets Asian stocks were mixed.US stocks slipped yesterday 30 August 2016 as the dollar strengthened on expectations that the Federal Reserve was moving closer to raising interest rates. US consumer confidence rose to an 11-month high in August with households more upbeat about the labour market data showed overnight. The focus is now on US nonfarm-payroll data for August due on Friday 2 September 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 390.63 crore yesterday 30 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 485.14 crore yesterday 30 August 2016 as per provisional data.Among corporate news TCS announced that it has developed an innovative digital solution to connect Intelligent LEDs to GEs Predix operating system for the industrial Internet through Intel Atom-based gateways providing critical analytics to save significant time and costs in the manufacturing process. The announcement was made after market hours yesterday 30 August 2016.Maruti Suzuki India turns ex-dividend today 31 August 2016 for final dividend of Rs 35 per share for the year ended 31 March 2016.ONGC turns ex-dividend today 31 August 2016 for final dividend of Rs 3.25 per share for the year ended 31 March 2016.On macro front the government will release Q1 gross domestic product GDP figures today 31 August 2016.Auto IT and banking stocks and index heavyweights HDFC and ITC led strong gains for key benchmark indices yesterday 30 August 2016. The Sensex jumped 440.35 points or 1.58% to settle at 28343.01 its highest closing level since 23 July 2015.Other StoriesA flat opening on the cards   8-Sep  08:23Market may open higher   7-Sep  08:13Market may open on a firm note   6-Sep  08:23Market may edge lower in early trade   2-Sep  0 \n \n END SESSION: Nifty Settles At Over 16-Months High \n Key benchmark indices edged higher on last trading day of the month as sentiment was boosted after the Union Cabinet today 31 August 2016 gave ex-post-facto approval for the foreign direct investment FDI policy amendments announced by the Government in June this year. The barometer index the S&P BSE Sensex rose 109.16 points or 0.39% to settle at 28452.17. The gains for the Nifty 50 index were higher than the Sensexs gains in percentage terms. The Nifty gained 41.85 points or 0.48% to settle at 8786.20. Key indices gained for the third day in a row today 31 August 2016. The Sensex settled at its highest level in more than thirteen months. The Nifty settled at its highest level in more than sixteen months.The Union Cabinet chaired by the Prime Minister Narendra Modi gave its ex-post-facto approval today 31 August 2016 for the foreign direct investment FDI policy amendments announced by the Government on 20 June 2016. The Cabinet approved liberalization of FDI rules in aviation pharmaceutical defence trading in food products and single brand retail trading. The FDI policy amendments are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country leading to larger FDI inflows contributing to growth of investment incomes and employment government said in a statement.Private sector bank stocks rose. Shares of RBL Bank saw strong gains on its debut. Public sector banks saw mixed trend. Metal and mining stocks declined. Most capital goods stocks gained. Construction stocks rose after the Union Cabinet approved initiatives to revive the construction sector.The Sensex rose 109.16 points or 0.39% to settle at 28452.17 its highest closing level since 22 July 2015. The Sensex rose 189.24 points or 0.66% at the days high of 28532.25. The barometer index gained 20.09 points or 0.07% at the days low of 28363.10.The Nifty gained 41.85 points or 0.48% to settle at 8786.20 its highest closing level since 13 April 2015. The Nifty rose 74.85 points or 0.85% at the days high of 8819.20. The index gained 9.70 points or 0.11% at the days low of 8754.05.The market breadth indicating the overall health of the market was negative. On BSE 1358 shares fell and 1319 shares rose. A total of 227 shares were unchanged. The BSE Mid-Cap index rose 0.37%. The BSE Small-Cap index gained 0.18%. Both these indices underperformed the Sensex.In overseas stock markets European stocks were mixed today 31 August 2016 as gl ",
WriteIf(DateNum()== 1160901 , " PRE SESSION:  Market May Open Flat To Slightly Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening. In overseas stock markets Asian stocks were mixed as markets cautiously awaited the release of US jobs data scheduled for release tomorrow 2 September 2016.Chinas official manufacturing purchasing managers index a gauge of factory activity rose to 50.4 in August returning to expansionary territory official data showed today 1 September 2016. The rise from Julys 49.9 could be a sign of improvement in the worlds second-largest economy. A PMI reading above 50 indicates an expansion in manufacturing activity while a reading below 50 points to a contraction. However the Caixin China manufacturing purchasing managers index a private gauge of nationwide factory activity fell to 50 in August from 50.6 in July.US stocks finished lower yesterday 31 August 2016 as oil prices fell and promising economic data supported the case for a Federal Reserve rate hike this year. Data showed yesterday 31 August 2016 the private sector created 177000 jobs in August in line with expectations and contracts to buy previously owned homes surged in July suggesting the economy was regaining sufficient momentum for the Federal Reserve to raise interest rates this year.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 854.19 crore yesterday 31 August 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 847.70 crore yesterday 31 August 2016 as per provisional data.On macro front Indias Gross Domestic Product GDP growth at constant 2011-12 prices slowed down to 7.1% in Q1 June 2016 as against 7.9% in Q4 March 2016 and 7.5% increase in Q1 June 2015.Another data showed the index of eight core infrastructure sector rose 3.2% in July 2016 over July 2015 while its cumulative growth stood at 4.9% in April to July 2016. Both the GDP and core infra data were announced after market  \n \n END SESSION: Market Settles With Small Losses In A Lacklustre Trading Session \n Key benchmark indices registered small losses in a lackluster trading session. The barometer index the S&P BSE Sensex lost 28.69 points or 0.1% to settle at 28423.48. The Nifty 50 index fell 11.55 points or 0.13% to settle at 8774.65. Key indices hovered alternately between gains and losses within a narrow range around the flat line throughout the session. Key benchmark indices snapped three day winning streak.Stocks of public sector banks edged lower. Stocks of private sector banks edged higher. Auto stocks gained. Shares of telecom companies slumped after Reliance Industries Chairman Mukesh Ambani reportedly announced free voice calls and cheap internet plan for Reliance Jio customers. Shares of index heavyweight Reliance Industries edged lower on reports that a one-man probe panel said that RIL derived unjust benefit as a result of gas flowing into its KG-D6 block from the adjacent field of state-run ONGC in the Krishna-Godavari basin.Mahindra & Mahindra M&M edged higher after the company reported good sales growth in its auto and tractor segments in August 2016. Maruti Suzuki India Maruti edged higher after the company reported good sales growth in August 2016. Ashok Leyland edged lower after the company reported fall in total sales in August 2016. Lupin rose after the company announced that its US subsidiary Gavis Pharmaceuticals LLC USA has received tentative approval from the United States Food and Drug Administration USFDA to market a generic version of Pfizer Inc.s Zithromax for oral suspension 100mg/5ml and 200mg/5ml.The Sensex lost 28.69 points or 0.1% to settle at 28423.48 its lowest closing level since 30 August 2016. The index rose 96.68 points or 0.33% at the days high of 28548.85. The index slipped 65.56 points or 0.23% at the days low of 28386.61.The Nifty fell 11.55 points or 0.13% to settle at 8774.65 its lowest closing level since 30 August 2016. The index rose 27.05 points or 0.3% at the days high of 8813.25. The index shed 26.25 points or 0.29% at the days low of 8759.95.The BSE Mid-Cap index lost 0.38%. The BSE Small-Cap index lost 0.39%. The losses for both these indices were higher than the Sensexs decline in percentage terms.The market breadth indicating the overall health of the market was weak. On BSE 1656 shares declined and 1077 shares rose. A total of 169 shares were unchanged.The total turnover on BSE amounted to Rs 3644 crore lower than turnover of Rs 3838.49 crore registered during the previ ",
WriteIf(DateNum()== 1160902 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the index could fall 14.50 points at the opening bell. In overseas stock markets Asian stocks were mixed ahead of the influential US non-farm payrolls data which will be released later in the global day today 2 September 2016.US stocks finished mostly higher yesterday 1 September 2016 recovering from earlier losses as investors braced for the much-anticipated August jobs data which could set the stage for a near-term interest-rate increase by the Federal Reserve. A report from the Institute of Supply Management ISM yesterday 1 September 2016 showed US factory activity contracted for the first time in six months in August as new orders and production tumbled.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 301.51 crore yesterday 1 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 308.16 crore yesterday 1 September 2016 as per provisional data.Among corporate news Bharti Airtel said that the High Court Division of the Supreme Court of Bangladesh High Court approved the merger of Airtel Bangladesh into Robi Axiata owing to certain conditions. The proposed merger is also subject to fulfilment of other conditions stipulated in the agreement and is expected to be completed in the fourth quarter of 2016 Bharti Airtel said. The announcement was made after market hours yesterday 1 September 2016.It may be recalled that Bharti Airtel had in January this year announced signing a definitive agreement with Axiata Group Berhad Axiata to merge their respective telecommunications subsidiaries in Bangladesh namely Robi Axiata and Airtel Bangladesh.Hero MotoCorp reported a 28% growth in its total two-wheeler sales at 6.16 lakh units in August 2016 over August 2015. The company said it will launch 15 new products across segments in its domestic and global markets this f \n \n END SESSION: Market Settles At 16-1/2 Month Closing High \n Trading for the week ended on a positive note as key benchmark indices settled higher led by gains in auto stocks as firmness in European stocks boosted sentiment. The barometer index the S&P BSE Sensex rose 108.63 points or 0.38% to settle at 28532.11. The Nifty 50 index gained 35 points or 0.4% to settle at 8809.65. Key indices remained in positive terrain for the most part of the session with buying momentum gathering pace in late trade. The Sensex and the Nifty both hit their highest closing level in 16-1/2 months.The Sensex rose 108.63 points or 0.38% to settle at 28532.11 its highest level since 16 April 2015. The index rose 158.10 points or 0.55% at the days high of 28581.58. The index rose 4.15 points or 0.01% at the days low of 28427.63.The Nifty gained 35 points or 0.4% to settle at 8809.65 its highest level since 13 April 2015. The index rose 49.45 points or 0.56% at the days high of 8824.10. The index shed 6.45 points or 0.07% at the days low of 8768.20.In overseas stock markets European stocks edged higher and Asian stocks were mixed ahead of the influential US non-farm payrolls data which will be released later in the global day today 2 September 2016. US stocks finished mostly higher yesterday 1 September 2016 recovering from earlier losses as investors braced for the much-anticipated August jobs data which could set the stage for a near-term interest-rate increase by the Federal Reserve. A report from the Institute of Supply Management ISM yesterday 1 September 2016 showed US factory activity contracted for the first time in six months in August as new orders and production tumbled.Closer home the market breadth indicating the overall health of the market was positive. On BSE 1528 shares rose and 1198 shares declined. A total of 169 shares were unchanged. The BSE Mid-Cap index gained 0.49%. The BSE Small-Cap index rose 0.36%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 3655 crore almost unchanged compared to turnover of Rs 3655.19 crore registered during the previous trading session.The stock markets will remain close on Monday 5 September 2016 on account of Ganesh Chaturthi holiday.Bank stocks gained. Among public sector banks Bank of Baroda up 3.23% Bank of India up 2.41% IDBI Bank up 1.61% Punjab National Bank up 0.32% Union Bank of India up 1.82% and State Bank of India up 1.03% edged higher. Indian Bank declined 1.76%.Among private sector banks Y ",
WriteIf(DateNum()== 1160906 , " PRE SESSION:  Market May Open On A Firm Note \n  The market is likely to begin on an upbeat note on positive Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 69 points at the opening bell.In overseas stock markets Asian shares were trading higher as prospects for a US interest-rate increase this month remained subdued. US markets were closed yesterday 5 September 2016 for Labour Day holiday.Meanwhile the Group of 20 major economies G20 wrapped up their annual summit held in Hangzhou China yesterday 5 September 2016 with a stronger commitment to coordinate policies to support growth and promote trade liberalization.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 231.19 crore on Friday 2 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 134.88 crore on Friday 2 September 2016 as per provisional data. The stock markets had remained closed yesterday 5 September 2016 on account of Ganesh Chaturthi holiday.Meanwhile Urjit Patel assumed charge as the 24th governor of Reserve Bank of India RBI succeeding Raghuram Rajan whose three-year controversy-ridden tenure ended on Sunday 4 September 2016. Patel has assumed charge effective from Sunday after serving as deputy governor since January 2013 RBI said.Infosys announced that it has entered into a joint venture JV agreement with Saudi Prerogative Company SPC in the Kingdom of Saudi Arabia to conduct IT services for customers located in the Kingdom of Saudi Arabia. Infosys holds 70% while the rest 30% will he held by SPC in this JV. Infosys 70% in this JV is at a cash investment of $312671 SAR 1172501 by the company in the equity share capital of the proposed JV company. The agreement is subject to the approval of Saudi Arabian General Investment Authority SAGIA. The announcement was made after market hours on Friday 2 September 2016.Reliance Industries RIL \n \n END SESSION: Sensex Kisses 29000 In Intraday Trade \n Gains in auto banking stocks and index heavyweights Infosys and HDFC triggered strong gains on key benchmark indices on the first trading session of the week today 6 September 2016 after resuming trade due to holiday yesterday 5 September 2016. The barometer index the S&P BSE Sensex jumped 445.91 points or 1.56% to settle at 28978.02. The Nifty 50 index surged 133.35 points or 1.51% to settle at 8943. The Sensex settled below the psychologically important 29000 mark after hitting an intraday high above that level in late trade. The Sensex hit its highest closing level in almost 17 months. The Nifty hit more than 18-month closing high. The Sensex has gained for the second day in a row today 6 September 2016. All the nineteen sectoral indices on BSE were in the green.Domestic stocks saw a gap-up opening as trading resumed after a local holiday yesterday 5 September 2016. Positive global stocks underpinned sentiment. The latest rally on the bourses was also triggered by outcome of a monthly survey showing that August saw a solid rebound in the rate of expansion in Indian service sector business activity.The Sensex jumped 445.91 points or 1.56% to settle at 28978.02 its highest closing level since 13 April 2015. The index jumped 481.29 points or 1.69% at the days high of 29013.40. The index rose 99.16 points or 0.35% at the days low of 28631.27.The Nifty surged 133.35 points or 1.51% to settle at 8943 its highest closing level since 3 March 2015. The index jumped 141.20 points or 1.6% at the days high of 8950.85. The index rose 38.80 points or 0.44% at the days low of 8848.45.In overseas stock markets European stock markets rose following gains in Asian equities. Asian shares gained as prospects for a US interest-rate increase this month remained subdued. Low US interest rates could support demand for emerging-market assets. Data on Friday 2 September 2016 showed US employment growth slowed more than expected in August after two straight months of robust gains. US markets were closed yesterday 5 September 2016 for Labour Day holiday. Meanwhile the Group of 20 major economies G20 wrapped up their annual summit held in Hangzhou China yesterday 5 September 2016 with a stronger commitment to coordinate policies to support growth and promote trade liberalization.Closer home the market breadth indicating the overall health of the market was positive. On BSE 1627 shares rose and 1125 shares declined. A total of 204 shares were unch ",
WriteIf(DateNum()== 1160907 , " PRE SESSION:  Market May Open Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 24 points at the opening bell.In overseas stock markets most Asian stocks rose after surprisingly weak US services sector activity lowered the chances the Federal Reserve will hike rates this month. US stocks closed higher yesterday 6 September 2016 as the odds of a September rate hike were lowered. Data released yesterday 6 September 2016 showed the US Institute for Supply Management ISM non-manufacturing purchasers manager index PMI index fell to 51.4 in August from 55.5 in July. While levels above 50 still indicate expansion it was the lowest reading since February 2010.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 1438.72 crore yesterday 6 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 268.21 crore yesterday 6 September 2016 as per provisional data.TCS announced that it has unveiled new unemployment insurance system for the State of Mississippi. The announcement was made after market hours yesterday 6 September 2016. TCS announced that the Mississippi Rhode Island and Maine MRM Consortium has gone live with the TCS developed Unemployment Insurance UI Application for Benefits. Mississippi began implementation of the UI solution prior to the formation of the consortium while the states of Maine and Rhode Island plan to adopt the solution in the near future. Mississippis Unemployment Insurance program helps unemployed individuals throughout the state by providing monetary benefits to those who have involuntarily lost their jobs while they look for new employment opportunities.TCS has been helping several US states to modernize their systems that support unemployment insurance programs. TCS developed solution is a robust and highly scalable platform with the ability to easily control multiple functional requirements such as \n \n END SESSION: Market Snaps Two-Day Winning Streak \n Key benchmark indices settled with small decline in a volatile trading session. The barometer index the S&P BSE Sensex fell 51.66 points or 0.18% to settle at 28926.36. The losses for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty shed 25.05 points or 0.28% to settle at 8917.95. The Sensex ended below the psychologically important 29000 mark. The barometer index alternately moved above and below that level in intraday trade. Key indices snapped two-day winning streak today 7 September 2016.The Sensex fell 51.66 points or 0.18% to settle at 28926.36 its lowest closing level since 2 September 2016. The index gained 89.82 points or 0.31% at the days high of 29067.84 its highest level since 15 April 2015. The barometer index fell 66.71 points or 0.23% at the days low of 28911.30.The Nifty shed 25.05 points or 0.28% to settle at 8917.95 its lowest closing level since 2 September 2016. The index rose 25.70 points or 0.29% at the days high of 8968.70 its highest level since 4 March 2015. The index fell 29.65 points or 0.33% at the days low of 8913.35.Among sectoral indices on BSE the S&P BSE Industrials index up 0.61% the S&P BSE Auto index up 0.16% the S&P BSE Consumer Discretionary Goods & Services index down 0.03% the S&P BSE Realty index up 0.96% the S&P BSE Capital Goods index up 1.21% the S&P BSE Power index up 0.66% the S&P BSE Healthcare index up 0.13% the S&P BSE Energy index down 0.11% the S&P BSE Telecom index down 0.1% the S&P BSE Metal index up 1.06% the S&P BSE Teck index down 0.13% the S&P BSE IT index down 0.12% the S&P BSE Basic Materials index up 0.39% the S&P BSE FMCG index down 0.04% and the S&P BSE Bankex up 0.07% outperformed the Sensex. The S&P BSE Finance index down 0.3% the S&P BSE Consumer Durables index down 0.96% the S&P BSE Utilities index down 0.9% and the S&P BSE Oil & Gas index down 0.36% underperformed the Sensex.The market breadth indicating the overall health of the market was positive. On BSE 1404 shares rose and 1356 shares declined. A total of 157 shares were unchanged. The BSE Mid-Cap index dropped 0.11%. The fall in this index was lower than Sensexs decline in percentage terms. The BSE Small-Cap index rose 0.41% outperforming the Sensex.The total turnover on BSE amounted to Rs 4161 crore higher than turnover of Rs 3804.43 crore registered during the previous trading session.ONGC gained 2.57% ahead of its ",
WriteIf(DateNum()== 1160908 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 8 September 2016.In overseas stock markets most Asian stocks were trading lower. US stocks ended on a mixed note yesterday 7 September 2016 as investors digested the release of the Federal Reserves Beige Book a key indicator of the US economic health.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 854.06 crore yesterday 7 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 768.55 crore yesterday 7 September 2016 as per provisional data.ONGCs net profit dropped 21.15% to Rs 4232.54 crore on 20.23% decline in total income to Rs 18737.18 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 7 September 2016.GAIL Indias net profit jumped 244.03% to Rs 1335.18 crore on 9.98% decline in total income to Rs 11457.20 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 7 September 2016.NTPC turns ex-dividend today 8 September 2016 for final dividend of Rs 1.75 per share for the year ended 31 March 2016 FY 2016.HDFC announced that it intends to raise Rs 1000 crore from issue of non-convertible debentures on private placement basis. The debentures will carry a coupon rate of 7.7% per annum and will have a tenor of 1 year 5 months. The issue opens and closes for subscription on the same day tomorrow 9 September 2016. The announcement was made after market hours yesterday 7 September 2016.Wipro after market hours yesterday 7 September 2016 regarding updates of the companys engagement with Employees State Insurance Corporation ESIC. In March 2009 Wipro had entered into a seven-year agreement with ESIC as a systems integrator for Project Panchdeep to set up a healthcare administration program under the build own operate and transfer model \n \n END SESSION: Sensex Hits Almost 17-Month Closing High \n Stocks of pharma companies two-wheeler makers and index heavyweights ITC and Reliance Industries RIL led the latest upmove on the domestic bourses. The barometer index the S&P BSE Sensex rose 118.92 points or 0.41% to settle at 29045.28. The Nifty 50 index rose 34.55 points or 0.39% to settle at 8952.50. The Sensex settled above the psychologically important 29000 level. The barometer index alternately moved above and below the mark since early afternoon trade. The Sensex hit its highest closing level in almost 17 months. The Nifty hit its highest closing level in more than 18 months.The Sensex rose 118.92 points or 0.41% to settle at 29045.28 its highest closing level since 13 April 2015. The index jumped 150.92 points or 0.52% at the days high of 29077.28. The index lost 71.80 points or 0.25% at the days low of 28854.56 its lowest level since 6 September 2016.The Nifty 50 index rose 34.55 points or 0.39% to settle at 8952.50 its highest closing level since 3 March 2015. The index rose 42.40 points or 0.48% at the days high of 8960.35. The index lost 21.95 points or 0.25% at the days low of 8896 its lowest level since 6 September 2016.Among sectoral indices on BSE the S&P BSE Industrials index up 0.5% the S&P BSE Auto index up 0.91% the S&P BSE Consumer Discretionary Goods & Services index up 1.19% the S&P BSE Realty index up 3.03% the S&P BSE Capital Goods index up 0.76% the S&P BSE Healthcare index up 2.2% the S&P BSE Energy index up 0.71% the S&P BSE Telecom index up 1.13% the S&P BSE Metal index up 0.92% the S&P BSE Basic Materials index up 0.72% the S&P BSE Consumer Durables index up 1.19% and the S&P BSE FMCG index up 1% outperformed the Sensex. The S&P BSE Power index up 0.24% the S&P BSE Teck index down 1.81% the S&P BSE IT index down 2.49% the S&P BSE Bankex down 0.04% the S&P BSE Finance index up 0.31% the S&P BSE Utilities index down 0.05% and the S&P BSE Oil & Gas index up 0.18% underperformed the Sensex.The market breadth indicating the overall health of the market was positive. On BSE 1606 shares rose and 1151 shares declined. A total of 194 shares were unchanged. The BSE Mid-Cap index rose 0.15% underperforming the Sensex. The BSE Small-Cap index gained 0.83% outperforming the Sensex.The total turnover on BSE amounted to Rs 3963 crore lower than turnover of Rs 4178.26 crore registered during the previous trading session.Index heavyweight and cigarette major  ",
WriteIf(DateNum()== 1160909 , " PRE SESSION:  Market Set To Open Lower On Weak Global Cues \n  Market may edge lower in early trade on negative sentiment in Asian trading and losses for US stocks overnight. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 27.50 points at the opening bell.In overseas stock markets Asian stocks edged lower after the European Central Bank ECB surprised markets by deciding not to extend the deadline of its bond-buying program after the conclusion of its monetary policy meeting yesterday 8 September 2016. Also reports on earthquake in North Korea possibly due to an explosion from a nuclear test in that nation weighed on sentiment. US stocks closed lower yesterday 8 September 2016 as the outcome of ECBs latest monetary policy meeting suggested that central banks have little left to spur up demand.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 111.41 crore yesterday 8 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 587.43 crore yesterday 8 September 2016 as per provisional data.Among corporate news Yes Bank announced after market hours yesterday 8 September 2016 that due to extreme volatility during trading day on 8 September 2016 because of misinterpretation of new qualified institutional placement QIP guidelines the bank has been advised by its appointed Merchant Bankers to defer its proposed QIP. It may be recalled that the bank had announced on 7 September 2016 opening of QIP of equity shares of face value Rs 10 each to raise up to $1 billion. The bank announced Rs 1371.84 per share as the floor price at that time.ICICI Bank after market hours yesterday 8 September 2016 said that the proposed initial public offer IPO of its subsidiary ICICI Prudential Life Insurance Company ICICI Pru Life has been approved by Registrar of Companies Maharashtra on 8 September 2016. The offer will be open for subscription to public on 19 September 2016 \n \n END SESSION: Sensex Nifty Hit Lowest Closing Level In A Week \n Metal auto sector stocks and index heavyweights ITC and HDFC led losses for key benchmark indices. The barometer index the S&P BSE Sensex lost 248.03 points or 0.85% to settle at 28797.25. The decline in the Nifty 50 index was higher than the Sensexs fall in percentage terms. The Nifty fell 85.80 points or 0.96% to settle at 8866.70. The Sensex settled below the psychologically important 29000 level after falling below that level in early trade. Weakness in global stocks weighed on sentiment on the domestic bourses.Bank stocks declined. Yes Bank dropped after the bank announced deferring its proposed qualified institutional placement QIP of shares. Steel Authority of India edged lower after the company reported higher net loss in Q1 June 2016 compared to net loss in Q1 June 2015. Jindal Steel & Power dropped after the company reported higher net loss in Q1 June 2016 compared to net loss in Q1 June 2015.In overseas stock markets Asian and European stocks edged lower after the European Central Bank ECB decided not to extend the deadline of its bond-buying program after the conclusion of its monetary policy meeting yesterday 8 September 2016. Also reports on earthquake in North Korea possibly due to an explosion from a nuclear test in that nation weighed on sentiment. US stocks closed lower yesterday 8 September 2016 as the outcome of ECBs latest monetary policy meeting suggested that central banks have little left to spur up demand.The Sensex lost 248.03 points or 0.85% to settle at 28797.25 its lowest closing level since 2 September 2016. The index rose 17.62 points or 0.06% at the days high of 29062.90. The index lost 290.20 points or 0.99% at the days low of 28755.08.The Nifty 50 index fell 85.80 points or 0.96% to settle at 8866.70 its lowest closing level since 2 September 2016. The index fell 13.35 points or 0.14% at the days high of 8939.15. The index lost 93.80 points or 1.04% at the days low of 8858.70.The BSE Mid-Cap index lost 0.99%. The decline in this index was higher than the Sensexs decline in percentage terms. The BSE Small-Cap index fell 0.47%. The decline in this index was lower than the Sensexs decline in percentage terms.The market breadth indicating the overall health of the market was negative. On BSE 1609 shares declined and 1148 shares rose. A total of 193 shares were unchanged.The total turnover on BSE amounted to Rs 3548 crore lower than turnover of Rs 3978.93 crore registered during the previous t ",
WriteIf(DateNum()== 1160912 , " PRE SESSION:  Market May Slide On Weak Global Cues \n  Market is seen opening lower tracking weak cues from Asian markets and selling on the Wall Street on Friday 9 September 2016. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 139.50 points at the opening bell. Indian stock market will remain close tomorrow 13 September 2016 on account of Bakri Id.In overseas markets Asian market edged lower today 12 September 2016 as investors were spooked by rising bond yields and talk the Federal Reserve might be serious about lifting US interest rates as early as next week.US stocks tumbled on Friday 9 September 2016 as investor nervousness increased following a nuclear test by North Korea and Federal Reserve officials comments lifted rate hike bets. North Korea conducted its fifth and biggest nuclear test on Friday and said it had mastered the ability to mount a warhead on a ballistic missile drawing condemnation from the United States as well as China North Koreas main ally. Further pressure on the US equity market came after Boston Fed President Eric Rosengren said the US central bank faced increasing risks if it waited too much longer to raise interest rates.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 315.24 crore on Friday 9 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 328.26 crore on Friday 9 September 2016 as per provisional data.Among corporate news Tata Steel announces Q1 June 2016 result today 12 September 2016.Maruti Suzuki India clarified that the companys Chairman RC Bhargavas statement in the Annual General Meeting AGM held on 8 September 2016 was limited to acknowledgement that he would convey requests made by the shareholders during the AGM for consideration of stock split to the board of directors. The company issued the clarification after market hours on Friday 9 September 2016 after reports stated that Maruti wil \n \n END SESSION: Nifty Settles At 2-Week Low \n Key benchmark indices tumbled on weak global cues on first trading day of the week. The barometer index the S&P BSE Sensex lost 443.71 points or 1.54% to settle at 28353.54. The losses for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty fell 151.10 points or 1.7% to settle at 8715.60. The Sensex settled at almost 2-week low. The Nifty settled at 2-week low. Indias stock market remains closed tomorrow 13 September 2016 on account of Bakri Id.In overseas stock markets European stocks declined as investor sentiment was rattled by concerns that the US Federal Reserve could be considering an imminent interest rate hike. Asian markets edged lower as investors were spooked by rising bond yields and talk the Federal Reserve might be serious about lifting US interest rates as early as next week.Trading in US stock index futures indicated fall in US stocks at the opening bell today 12 September 2016. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 151 points at the opening bell. US stocks tumbled on Friday 9 September 2016 as investor nervousness increased following a nuclear test by North Korea and Federal Reserve officials comments lifted rate hike bets. North Korea conducted its fifth and biggest nuclear test on Friday 9 September 2016 and said it had mastered the ability to mount a warhead on a ballistic missile drawing condemnation from the United States as well as China North Koreas main ally. Further pressure on the US equity market came after Boston Fed President Eric Rosengren said the US central bank faced increasing risks if it waited too much longer to raise interest rates.The Sensex lost 443.71 points or 1.54% to settle at 28353.54 its lowest closing level since 30 August 2016. The Sensex fell 545.94 points or 1.90% at the days low of 28251.31. The index fell 316.14 points or 1.10% at the days high of 28481.11.The Nifty fell 151.10 points or 1.7% to settle at 8715.60 its lowest closing level since 29 August 2016. The Nifty fell 167.30 points or 1.89% at the days low of 8699.40. The index fell 119.75 points or 1.35% at the days high of 8746.95.The broad market depicted weakness. There were almost three losers against every gainer on BSE. 2031 shares fell and 689 shares rose. A total of 174 shares were unchanged. The BSE Mid-Cap index declined 2.95%. The BSE Small-Cap index declined 2.35%. The decline in both these indices was higher than the  ",
WriteIf(DateNum()== 1160914 , " PRE SESSION:  Market May Slide On Weak Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 25 points at the opening bell due to weak global cues.On the economic front Indias industrial production IIP fell 2.4% in July 2016 over July 2015. Industrial production expanded 2.1% in June 2016 over June 2015. The data was announced after market hours on Monday 12 September 2016.Indias inflation data based on consumer price index CPI for August 2016 slowed to 5.05% in August 2016. CPI accelerated to 6.07% in July 2016 from 5.77% in June 2016. The data was announced after market hours on Monday 12 September 2016.In overseas markets most Asian shares declined today 14 September 2016 bruised by a fall in oil prices on renewed worries about a supply glut and as investors grew nervous about the diminishing capacity of the worlds major central banks to shore up economic growth. The US market edged lower yesterday 13 September 2016 as equities suffered a sharp sell-off amid a slump in energy shares and uncertainty about the Federal Reserves plans for monetary policy.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 593.61 crore on Monday 12 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 12.90 crore on Monday 12 September 2016 as per provisional data.Among corporate news Tata Steel will be watched. On a consolidated basis Tata Steel reported net loss of Rs 3183.07 crore in Q1 June 2016 higher than net loss of Rs 316.91 crore in Q1 June 2015. Total income fell 5.5% to Rs 26542.83 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours on Monday 12 September 2016.Tata Steels consolidated earnings before interest taxation depreciation and amortization EBITDA rose 21% to Rs 3270 crore in Q1 June 2016 over Q1 June 2015 due to improved operating performance across India Europe and South East Asia. EBITD \n \n END SESSION: Market Ends With Small Gains \n Key benchmark indices settled with small gains in a volatile trading session. The barometer index the S&P BSE Sensex rose 18.69 points or 0.07% to settle at 28372.23. The Nifty 50 index rose 11 points or 0.13% to settle at 8726.60.The barometer index the S&P BSE Sensex rose 18.69 points or 0.07% to settle at 28372.23 its highest closing level since 9 September 2016. The Sensex fell 94.16 points or 0.33% at the days low of 28259.38. The index rose 62.87 points or 0.22% at the days high of 28416.41.The Nifty 50 index rose 11 points or 0.13% to settle at 8726.60 its highest closing level since 9 September 2016. The Nifty fell 26.70 points or 0.31% at the days low of 8688.90. The index rose 24.25 points or 0.28% at the days high of 8739.85.Back home the market breadth indicating the overall health of the market was strong. On BSE 1766 shares rose and 947 shares fell. A total of 196 shares were unchanged. The BSE Mid-Cap index rose 1.34%. The BSE Small-Cap index rose 1.21%. Both these indices outperformed the Sensex.Among the sectoral indices on BSE the S&P BSE Basic Materials index up 1.98% the S&P BSE Consumer Durables index up 1.12% the S&P BSE Utilities index up 0.93% the S&P BSE Consumer Discretionary Goods & Services index up 0.82% the S&P BSE Bankex up 0.77% the S&P BSE Industrials index up 0.74% the S&P BSE Finance index up 0.69% the S&P BSE Auto index up 0.57% the S&P BSE Telecom index up 0.56% the S&P BSE Power index up 0.55% the S&P BSE Oil & Gas index up 0.33% the S&P BSE Healthcare index up 0.29% the S&P BSE Capital Goods index up 0.28% the S&P BSE Realty index up 0.15% the S&P BSE Metal index up 0.12% outperformed the Sensex. The S&P BSE Energy index down 0.04% the S&P BSE Teck index down 0.41% and the S&P BSE IT index down 0.67% underperformed the Sensex. The S&P BSE FMCG index rose 0.07% matching the Sensexs gains in percentage terms.Index heavyweight Reliance Industries RIL shed 0.11% to Rs 1045.45. RIL announced during trading hours today 14 September 2016 that Bharti Airtel has decided to provide more points of interconnection to Reliance Jio Infocomm RJIL. RJIL a subsidiary of RIL has built an all-IP data network with 4G LTE technology.Bharti Airtel rose 0.16% to Rs 318.50.Telecom stocks gained. Idea Cellular up 1.03% Tata Teleservices Maharashtra up 0.34% and Reliance Communications up 2.72% rose. MTNL lost 2.82%.Shares of Bharti Infratel ro ",
WriteIf(DateNum()== 1160915 , " PRE SESSION:  Market May Decline At Opening Bell \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 23 points at the opening bell on mixed global cues.In overseas stock markets Asian stocks were mixed as investors grappled with the seemingly diminishing ability of major central banks to stimulate growth while a tumble in crude oil inflamed already heightened risk aversion. In US the Dow industrials and the S&P 500 closed in negative territory yesterday 14 September 2016 in the wake of slumping crude-oil prices erasing earlier gains for the major benchmarks while the tech-heavy Nasdaq bucked the losing trend.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 477.33 crore yesterday 14 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 8.53 crore yesterday 14 September 2016 as per provisional data.Among corporate news shares of Hero MotoCorp turn ex-dividend today 15 September 2016 for final dividend of Rs 32 per share for the year ended 31 March 2016.Shares of Oil India turn ex-dividend today 15 September 2016 for final dividend of Rs 8 per share for the year ended 31 March 2016.Shares of Reliance Capital turn ex-dividend today 15 September 2016 for dividend of Rs 10 per share for the year ended 31 March 2016.Shares of Reliance Infrastructure turn ex-dividend today 15 September 2016 for dividend of Rs 8.50 per share for the year ended 31 March 2016.NBCC India reported 16.39% rise in consolidated net profit to Rs 47.09 crore on 16.61% rise in total income from operations net to Rs 1273.26 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday 14 September 2016.Key benchmark indices settled with small gains in a volatile trading session yesterday 14 September 2016. The barometer index the S&P BSE Sensex rose 18.69 points or 0.07% to settle at 28372.23. The Nifty 50 index rose 11 points or 0.13% \n \n END SESSION: Market Ekes Out Tiny Gains \n Key benchmark indices registered small gains as index heavyweights Reliance Industries HDFC and ITC moved higher. The barometer index the S&P BSE Sensex rose 40.66 points or 0.14% to settle at 28412.89. The Nifty 50 index rose 15.95 points or 0.18% to settle at 8742.55. The Sensex and the Nifty alternately moved between positive and negative zone in intraday trade.Index heavyweight and cigarette major ITC edged higher after the companys chief operating officer COO Sanjiv Puri was quoted as saying that the firms consumer goods business presents the maximum potential for value creation. Yes Bank edged lower on reports that Securities & Exchange Board of India Sebi is looking into discrepancies in the banks planned qualified institutional placement QIP of shares.The Sensex rose 40.66 points or 0.14% to settle at 28412.89 its highest closing level since 12 September 2016. The Sensex rose 71.71 points or 0.25% at the days high of 28443.94. The index fell 61.12 points or 0.22% at the days low of 28311.11.The Nifty 50 index rose 15.95 points or 0.18% to settle at 8742.55 its highest closing level since 12 September 2016. The Nifty rose 22.60 points or 0.26% at the days high of 8749.20. The index fell 22.25 points or 0.25% at the days low of 8704.35.The market breadth indicating the overall health of the market was positive. On BSE 1469 shares rose and 1260 shares fell. A total of 197 shares were unchanged. The BSE Mid-Cap index fell 0.25% underperforming the Sensex. The BSE Small-Cap index rose 0.27% outperforming the Sensex.The total turnover on BSE amounted to Rs 3789 crore higher than turnover of Rs 3616.03 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE FMCG index up 0.66% the S&P BSE Healthcare index up 0.52% the S&P BSE Energy index up 0.45% the S&P BSE Consumer Discretionary Goods & Services index up 0.31% the S&P BSE Telecom index up 0.29% outperformed the Sensex. The S&P BSE Teck index up 0.08% the S&P BSE Capital Goods index up 0.01% the S&P BSE Finance index down 0.13% the S&P BSE Industrials index down 0.19% the S&P BSE IT index down 0.24% the S&P BSE Metal index down 0.25% the S&P BSE Oil & Gas index down 0.27% the S&P BSE Basic Materials index down 0.31% the S&P BSE Auto index down 0.38% the S&P BSE Bankex down 0.58% the S&P BSE Power index down 0.94% the S&P BSE Consumer Durables index down 0.97% the S&P BSE Utili ",
WriteIf(DateNum()== 1160916 , " PRE SESSION:  Market May Open Higher On Positive Global Cues \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 43.50 points at the opening bell on positive global cues.In overseas markets Asian stocks rose after weak US data reduced the chance of an interest rate increase by the Federal Reserve at next weeks meeting. Markets in China Taiwan and South Korea are closed today 16 September 2016 for public holidays.US stocks finished higher yesterday 15 September 2016 as a rally in the tech sector helped to lift the broader market following a deluge of macroeconomic reports. Sales at US retailers fell in August for the first time in five months as traffic dropped off for most stores. Retail sales declined a seasonally adjusted 0.3%.Further weekly jobless claims ticked up slightly to 260000 but the level of layoffs continues to be the lowest since the 1970s. Meanwhile US wholesale prices were flat in August mostly because of sharp declines in the cost of food and gasoline.Industrial production in US contracted in August after a promising expansion in the previous two months the Federal Reserve said yesterday 15 September 2016.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 345.42 crore yesterday 15 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 456.91 crore yesterday 15 September 2016 as per provisional data.Among corporate news Punjab National Bank PNB said that consequent upon receipt of capital funds to the tune of Rs 2112 crore from the Government of India on 14 September 2016 the bank has issued and allotted 16.43 crore equity shares at Rs 128.49 per equity share on preferential basis to Government of India. The announcement was made after market hours yesterday 15 September 2016.Union Bank of India said that the bank has on 15 September 2016 issued 10000 Non-Convertible Unsecured Subordinated Basel III Compliant Perpetual Debt Instr \n \n END SESSION: Market Gains For The 3rd Day In A Row \n Trading for the week ended on a positive note as key benchmark indices settled with decent gains after paring strong intraday gains. The barometer index the S&P BSE Sensex rose 186.14 points or 0.66% to settle at 28599.03. The gains for the Sensex were higher in percentage terms than those for the Nifty 50 index. The Nifty rose 37.30 points or 0.43% to settle at 8779.85. Trading was volatile as market surged in mid-morning trade but sharply pared gains in mid-afternoon trade. Key indices gained for third day in a row today 16 September 2016In overseas stock markets European stocks were mixed as investors became more cautious ahead of the Federal Reserves policy meeting next week. The Bank of England unanimously voted to leave interest rates unchanged at record low of 0.25% after a monetary policy review yesterday 15 September 2016 and hinted of a rate cut as soon as November despite the Brexit bounceback. It also voted 9-0 to keep the banks bond-buying programme target at 435 billion pounds and said it would continue with its plan to buy up 10 billion pounds worth of corporate bonds.Asian stocks rose after weak US data reduced the chance of an interest rate increase by the Federal Reserve at next weeks meeting. Markets in China Hong Kong Taiwan and South Korea were closed for holidays. US stocks finished higher yesterday 15 September 2016 as a rally in the tech sector helped to lift the broader market following a deluge of macroeconomic reports. Sales at US retailers fell in August for the first time in five months as traffic dropped off for most stores. Retail sales declined a seasonally adjusted 0.3%. Industrial production in US contracted in August after a promising expansion in the previous two months the Federal Reserve said yesterday 15 September 2016.Back home the Sensex rose 186.14 points or 0.66% to settle at 28599.03 its highest closing level since 9 September 2016. The index rose 365.75 points or 1.29% at the days high of 28778.64. The index rose 81.70 points or 0.29% at the days low of 28494.59.The Nifty 50 index rose 37.30 points or 0.43% to settle at 8779.85 its highest closing level since 9 September 2016. The index rose 105.10 points or 1.20% at the days high of 8847.65. The index rose 7.95 points or 0.09% at the days low of 8750.50.The market breadth indicating the overall health of the market was negative. On BSE 1417 shares fell and 1323 shares rose. A total of 194 shares were unchanged. The BSE Mid ",
WriteIf(DateNum()== 1160919 , " PRE SESSION:  Market May Open Flat To Slightly Lower \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 3 points at the opening bell.In overseas stock markets Asian stocks were trading mostly higher. Japanese stock market was closed due to a holiday. China Taiwan and Hong Kong stock markets resumed their trading after being closed during the previous trading session for public holidays. US stocks registered modest losses on Friday 16 September 2016 with financials and energy shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting tomorrow 20 September 2016. The Federal Reserve is projected to keep its benchmark interest rate unchanged in the wake of downbeat US economic indicators. The Federal Reserve left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 660.59 crore on Friday 16 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 213.13 crore on Friday 16 September 2016 as per provisional data.Among corporate news shares of ICICI Bank will be in spotlight as the bank is selling shares in the initial public offer IPO of ICICI Prudential Life Insurance Company ICICI Prudential which begins today 19 September 2016. The offer comprises sale up to 18.13 crore equity shares of ICICI Prudential representing about 12.63% of its equity share capital for cash through an offer for sale OFS by ICICI Bank. The entire proceeds from the OFS will be paid to ICICI Bank. The price band for the IPO has been fixed at Rs 300 to Rs 334 per share.Axis Bank has kept its Marginal Cost of Funds based Lending Rate MCLR unchanged after a latest review. The bank said that its MCLR for overnight loans will be 8.85% the rate for one month will be 8.9% and for three months it will be 9.1%. The MCLR on 6-month loans  \n \n END SESSION: Market Gains For 4th Straight Session \n Key benchmark indices settled with small gains in a lacklustre trading session. The barometer index the S&P BSE Sensex rose 35.47 points or 0.12% to settle at 28634.50. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 28.55 points or 0.33% to settle at 8808.40. Key indices gained for fourth day in a row. The Sensex and the Nifty both attained their highest closing levels in more than a week.In overseas stock markets European shares edged higher led by gains in banking and energy shares. Asian stocks rose with sentiment driven by a rebound in oil prices while traders were also keeping an eye on crucial monetary policy decisions due from the US and Japan later this week. Japan stock market remained closed for a holiday. US stocks registered modest losses on Friday 16 September 2016 with financials and energy shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting tomorrow 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.Back home the Sensex rose 35.47 points or 0.12% to settle at 28634.50 its highest closing level since 9 September 2016. The index rose 115.74 points or 0.40% at the days high of 28714.77. The index fell 46.48 points or 0.16% at the days low of 28552.55.The Nifty 50 index rose 28.55 points or 0.33% to settle at 8808.40 its highest closing level since 9 September 2016. The index rose 44.45 points or 0.51% at the days high of 8824.30. The index fell 5.65 points or 0.06% at the days low of 8774.20.The market breadth indicating the overall health of the market was positive. On BSE 1496 shares rose and 1243 shares declined. A total of 235 shares were unchanged. The BSE Mid-Cap index rose 0.63%. The BSE Small-Cap index rose 0.52%. Both these indices outperformed the Sensex.Among the sectoral indices on BSE the S&P BSE Realty index up 1.60% the S&P BSE Metal index up 1.33% the S&P BSE Power index up 0.76% the S&P BSE Basic Materials index up 0.74% the S&P BSE Energy index up 0.74% the S&P BSE Utilities index up 0.72% the S&P BSE Oil & Gas index up 0.70% the S&P BSE Industrials index up 0.67% the S&P BSE IT index up 0.56% the S&P BSE Teck index up 0.53% the S&P BSE Healthcare index u ",
WriteIf(DateNum()== 1160920 , " PRE SESSION:  Market May Edge Lower On Weak Global Cues \n  Market is seen opening lower on negative cues from Asian and US markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 22 points at the opening bell.In overseas stock markets Asian stocks were mostly lower tracking lacklustre trading on Wall Street overnight. The Bank of Japan BOJ begins a two-day monetary policy meeting today 20 September 2016. The central bank will conduct a comprehensive review of its stimulus programme after failing to reach its 2% inflation target. Investors are divided on what steps the central bank will take. Some expect that the BOJ will push back additional easing steps while making its government bond buying more flexible to steepen the yield curve. Others expect the BOJ to launch fresh stimulus through a further push into negative territory and increased asset purchases. The central bank had kept its pledge to increase the monetary base at an annual pace of about 80 trillion yen and left the interest rate unchanged at minus 0.1% at its July 2016 meeting. Policymakers also decided to increase the annual exchange-traded equity funds purchase target to 6 trillion yen from the previous 3.3 trillion yen.US stocks registered tiny losses yesterday 19 September 2016 after a choppy session with telecommunications shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting today 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 205.38 crore yesterday 19 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 252.28 crore yesterday 19 September 2016 as per provisional data.Among  \n \n END SESSION: Market Snaps 4-Day Rising Streak \n Auto telecom sector stocks and index heavyweight Infosys led modest losses for key benchmark indices. The barometer index the S&P BSE Sensex fell 111.30 points or 0.39% to settle at 28523.20. The Nifty 50 index fell 32.50 points or 0.37% to settle at 8775.90. Weakness in global stocks weighed on sentiment on the domestic bourses.In overseas stock markets European stocks were mixed. Asian stocks edged lower as investors awaited the outcomes of separate policy meetings of the US Federal Reserve and Bank of Japan BOJ. The BOJ begins a two-day monetary policy meeting today 20 September 2016. The central bank will conduct a comprehensive review of its stimulus programme after failing to reach its 2% inflation target. Investors are divided on what steps the central bank will take. Some expect that the BOJ will push back additional easing steps while making its government bond buying more flexible to steepen the yield curve. Others expect the BOJ to launch fresh stimulus through a further push into negative territory and increased asset purchases. The central bank had kept its pledge to increase the monetary base at an annual pace of about 80 trillion yen and left the interest rate unchanged at minus 0.1% at its July 2016 meeting. Policymakers also decided to increase the annual exchange-traded equity funds purchase target to 6 trillion yen from the previous 3.3 trillion yen.US stocks registered tiny losses yesterday 19 September 2016 after a choppy session with telecommunications shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting today 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.Back home the Sensex fell 111.30 points or 0.39% to settle at 28523.20 its lowest closing level since 15 September 2016 . The index rose 64.31 points or 0.22% at the days high of 28698.81. The index fell 153.97 points or 0.54% at the days low of 28480.53.The Nifty 50 index fell 32.50 points or 0.37% to settle at 8775.90 its lowest closing level since 15 September 2016 . The index rose 8.05 points or 0.09% at the days high of 8816.45. The index fell 49.10 points or 0.56% at the days low of 8759.30.The market breadth indicating the overall health of the market was negative. On BSE 1513 shares decl ",
WriteIf(DateNum()== 1160921 , " PRE SESSION:  Market May Edge Lower In Early Trade \n  Market is seen opening slightly lower on lacklustre trading in overseas stock markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 10 points at the opening bell.In overseas stock markets Asian stocks edged lower with the Bank of Japans BOJ monetary policy decision due later in the day hanging over traders heads. The BOJs monetary policy statement is scheduled today 21 September 2016. Investors are divided on what steps the central bank will take. Some expect that the BOJ will push back additional easing steps while making its government bond buying more flexible to steepen the yield curve. Others expect the BOJ to launch fresh stimulus through a further push into negative territory and increased asset purchases.US stocks closed marginally higher yesterday 20 September 2016 on the heels of disappointing housing data while investors awaited the latest monetary policy decisions from the Federal Reserve at the conclusion of its two-day policy meeting today 21 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1146.93 crore yesterday 20 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 777.52 crore yesterday 20 September 2016 as per provisional data.Among corporate news Wipro announced global partnership with Witbe a leading innovator in the field of test automation and services quality of experience QoE monitoring robots for broadband voice and TV triple-play monitoring. This partnership is of strategic importance to Wipro and will offer integrated test automation and video services monitoring solutions for custome \n \n END SESSION: Benchmark Indices Settle Near Flat Line \n Key benchmark indices ended near the flat line after holding positive zone for most part of the session. The barometer index the S&P BSE Sensex fell 15.78 points or 0.06% to settle at 28507.42. The Nifty 50 index rose 1.25 points or 0.01% to settle at 8777.15. With minuscule losses the Sensex hit its lowest closing level in almost a week.In overseas stock markets European stocks edged higher after the Bank of Japan BoJ announced new monetary policy measures and as investors awaited the outcome of the US Federal Reserves policy meeting. Japanese stocks led gains in Asian markets after the BoJ kept its deposit rate steady at minus 0.1% after the conclusion of its two-day monetary policy meeting today 21 September 2016. Japans Nikkei 225 Average ended 1.91% higher. BoJ also said it would expand its monetary base until inflation becomes stable above 2%. The central bank said it is committed to achieve 2% inflation as soon as possible. The central bank has decided to scrap its monetary base target.US stocks closed marginally higher yesterday 20 September 2016 on the heels of disappointing housing data while investors awaited the latest monetary policy decisions from the Federal Reserve. The Fed is expected to keep its benchmark interest rate unchanged at the conclusion of its two-day policy meeting today 21 September 2016 in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.Back home the Sensex fell 15.78 points or 0.06% to settle at 28507.42 its lowest closing level since 15 September 2016. The index rose 166.16 points or 0.58% at the days high of 28689.36. The index fell 60.87 points or 0.21% at the days low of 28462.33.The Nifty 50 index rose 1.25 points or 0.01% to settle at 8777.15 its highest closing level since 19 September 2016. The index rose 50.95 points or 0.58% at the days high of 8826.85. The index fell 18.60 points or 0.21% at the days low of 8757.30.The market breadth indicating the overall health of the market was positive. On BSE 1413 shares rose and 1312 shares declined. A total of 199 shares were unchanged. The BSE Mid-Cap index fell 0.07%. The decline in this index was higher than the Sensexs decline in percentage terms. The BSE Small-Cap index rose 0.19% outperforming the Sensex.The total turnover on BSE amounted to Rs 3169 crore lower than turnover of Rs 5380.47 crore r ",
WriteIf(DateNum()== 1160922 , " PRE SESSION:  Market May Surge On Positive Global Cues \n  Market is seen opening higher on strong cues from Asian and US markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 72 points at the opening bell.In overseas stock markets Asian stocks edged higher tracking gains in US markets overnight. US stocks registered strong gains yesterday 21 September 2016 after the Federal Reserve kept interest rates unchanged but hinted at the possibility of a rate hike later this year. Concluding a two-day meeting the Federal Open Market Committee FOMC announced that the federal funds rate will remain at 0.25% to 0.5%. The Fed also said risks to the economy have diminished since its last meeting in July. The Fed last raised rates in December 2015 the first hike in almost a decade.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 183.85 crore yesterday 21 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 230.59 crore yesterday 21 September 2016 as per provisional data.Among corporate news HDFC announced that it intends to raise Rs 1340 crore from issue of non-convertible debentures on private placement basis. The debentures will carry a coupon rate of 7.67% per annum and will have a tenor of 1 year 2 months. The announcement was made after market hours yesterday 21 September 2016.Mahindra & Mahindra M&M announced the proactive inspection of a fluid hose on all New Generation Scorpio & NuvoSport vehicles manufactured till June 2016 respectively. This is in keeping with the companys customer centric approach the company said. The inspection and subsequent rectification will be carried out free of cost for all New Generation Scorpio & NuvoSport customers who will be individually contacted by the company. As an endeavor to ensure a hassle free experience for its customers the company is proactively carrying out this activity it said. This action is a \n \n END SESSION: Nifty Attains 2-Week Closing High \n Banking auto sector stocks and index heavyweights Reliance Industries and HDFC led decent gains for key benchmark indices. The barometer index the S&P BSE Sensex rose 265.71 points or 0.93% to settle at 28773.13. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 90.30 points or 1.03% to settle at 8867.45. Gains in global markets aided the upmove on the domestic bourses. The Sensex closed at its highest level in almost two-weeks. The Nifty attained two-week closing high.In overseas stock markets European and Asian stocks edged higher mirroring gains in the US market after the Federal Reserve left interest rates unchanged and projected a less aggressive path for hikes next year and in 2018. US stocks registered strong gains yesterday 21 September 2016 after the Federal Reserve kept interest rates unchanged but hinted at the possibility of a rate hike later this year. Concluding a two-day meeting the Federal Open Market Committee FOMC announced that the federal funds rate will remain at 0.25% to 0.5%. The Fed also said risks to the economy have diminished since its last meeting in July. The Fed last raised rates in December 2015 the first hike in almost a decade.Back home the Sensex rose 265.71 points or 0.93% to settle at 28773.13 its highest closing level since 9 September 2016. The index surged 364.50 points or 1.28% at the days high of 28871.92. The index rose 185.65 points or 0.65% at the days low of 28693.07.The Nifty 50 index rose 90.30 points or 1.03% to settle at 8867.45 its highest closing level since 8 September 2016 . The index jumped 116.20 points or 1.32% at the days high of 8893.35. The index rose 60.65 points or 0.69% at the days low of 8837.80.The market breadth indicating the overall health of the market was strong. On BSE 1693 shares rose and 1045 shares declined. A total of 235 shares were unchanged. The BSE Mid-Cap index rose 1.39%. The BSE Small-Cap index rose 1%. Both these indices outperformed the Sensex.The total turnover on BSE amounted to Rs 3298 crore higher than turnover of Rs 3180.94 crore registered during the previous trading session.Among sectoral indices on BSE the S&P BSE Finance index up 1.65% the S&P BSE Oil & Gas index up 1.51% the S&P BSE Bankex up 1.49% the S&P BSE Auto index up 1.44% the S&P BSE Capital Goods index up 1.37% the S&P BSE Power index up 1.36% the S&P BSE Utilities index up 1.35% the S&P BSE Energy i ",
WriteIf(DateNum()== 1160923 , " PRE SESSION:  Market May Edge Slightly Higher In Early Trade \n  Market is seen opening slightly higher tracking positive cues from global markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 8.50 points at the opening bell.In overseas stock markets Asian stocks were mostly higher tracking gains in US market overnight. In mainland China the Shanghai Composite was currently off 0.07%. In Hong Kong the Hang Seng was currently up 0.12%. The MNI China business sentiment index came it at 55.8 in September 2016 up from a marginally revised 54.1 in August driven by a faster increase in new orders and a further strengthening in confidence among manufacturing companies. In Japan the Nikkei 225 Average was currently down 0.09%. Japanese manufacturing activity expanded for the first time in seven months in September a preliminary survey showed today 23 September 2016. The IHS Markit/Nikkei Japan Flash Manufacturing Purchasing Managers Index PMI rose to 50.3 in September from a final 49.5 in August on a seasonally adjusted basis.US stocks registered modest gains yesterday 22 September 2016 extending previous trading sessions gains as investors digested several economic data releases while processing the Federal Reserves latest monetary policy decision. US home resales unexpectedly fell in August 2016. The National Association of Realtors said yesterday 22 September 2016 that existing home sales declined 0.9% to an annual rate of 5.33 million units.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 336.87 crore yesterday 22 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 310.35 crore yesterday 22 September 2016 as per provisional data.Among corporate news shares of L&T Technology Services will debut on bourses today 23 September 2016. The company had priced its initial public offer IPO at Rs 860 per share the top end of the Rs 850-860 per share  \n \n END SESSION: Sensex Nifty Settle With Modest Losses \n Banking telecom sector stocks and index heavyweight Infosys led modest losses for key benchmark indices in a lacklustre trading session. The barometer index the S&P BSE Sensex lost 104.91 points or 0.36% to settle at 28668.22. The Nifty 50 index lost 35.90 points or 0.4% to settle at 8831.55. Weakness in European and Asian stocks weighed on sentiment on the domestic bourses. Key indices extended intraday slide towards the latter part of the trading session after hovering in a narrow range around the flat line till afternoon trade.Index heavyweight Reliance Industries edged higher. Shares of L&T Technology Services settled near the initial public offer IPO price on its debut. Bharat Heavy Electricals Bhel dropped in volatile trade.In overseas stock markets European stocks edged lower after the euro zone flash composite Purchasing Managers Index PMI fell to 52.6 in September 2016 from Augusts reading of 52.9. Asian stocks edged lower amid a slew of economic data. In mainland China the Shanghai Composite settled 0.28% lower. In Hong Kong the Hang Seng closed 0.39% lower. The MNI China business sentiment index came it at 55.8 in September 2016 up from a marginally revised 54.1 in August driven by a faster increase in new orders and a further strengthening in confidence among manufacturing companies. In Japan the Nikkei 225 Average ended 0.32% lower. Japanese manufacturing activity expanded for the first time in seven months in September a preliminary survey showed today 23 September 2016. The IHS Markit/Nikkei Japan Flash Manufacturing Purchasing Managers Index PMI rose to 50.3 in September from a final 49.5 in August on a seasonally adjusted basis.US stocks registered modest gains yesterday 22 September 2016 extending previous trading sessions gains as investors digested several economic data releases and the Federal Reserves latest monetary policy decision. US home resales unexpectedly fell in August 2016. The National Association of Realtors said yesterday 22 September 2016 that existing home sales declined 0.9% to an annual rate of 5.33 million units.The Sensex lost 104.91 points or 0.36% to settle at 28668.22 its lowest closing level since 21 September 2016. The index rose 51.96 points or 0.18% at the days high of 28825.09. The index lost 145.75 points or 0.5% at the days low of 28627.38.The Nifty lost 35.90 points or 0.4% to settle at 8831.55 its lowest closing level since 21 September 2016. The index rose 17.75 point ",
WriteIf(DateNum()== 1160926 , " PRE SESSION:  Market May Open Slightly Higher \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 21.60 points at the opening bell.In overseas stock markets Asian stocks dropped after losses on Wall Street on Friday 23 September 2016 as investors attention turned from central banks to American politics ahead of the first US presidential debate. US stocks logged weekly gains but ended with solid losses on Friday 23 September 2016. Investors awaited US presidential debate between Donald Trump and Hillary Clinton due later in the global day today 26 September 2016.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 299.98 crore on Friday 23 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 496.14 crore on Friday 23 September 2016 as per provisional data.The market will remain volatile this week as traders roll over positions in the futures & options F&O segment from the near month September 2016 series to October 2016 series. The near month September 2016 derivatives contracts expire on Thursday 29 September 2016.Among corporate new Canara Banks board of directors at its meeting held on Friday 23 September 2016 permitted the bank to raise additional equity share capital of an amount not exceeding Rs 1128 crore including premium by way of rights issue with the Government of India GoI contribution of Rs 748 crore and Rs 380 crore from public shareholders. The board decided to constitute a rights issue committee of the board of directors to decide and permit on terms timing pricing and other modalities of the rights issue. Further the board decided to issue senior unsecured bonds in foreign currency in the range of $500 million in the international market under the $2 billion medium term note MTN programme of the bank for the purpose of providing funds to the overseas branches of the bank the bank has so far raised $1100 million  \n \n END SESSION: Market Drops On Weak Global Cues \n Key benchmark indices dropped on first trading day of the week on weak global stocks. The barometer index the S&P BSE Sensex dropped 373.94 points or 1.3% to settle at 28294.28. The Nifty 50 index shed 108.50 points or 1.23% to settle at 8723.05.Index heavyweight and cigarette maker ITC dropped. FMCG stocks were mixed. Realty stocks fell. Bank stocks declined. Auto stocks edged lower. Telecom stocks slipped.The Sensex dropped 373.94 points or 1.3% to settle at 28294.28 its lowest closing level since 29 August 2016. The Sensex dropped 396.19 points or 1.38% at the days low of 28272.03. The barometer index fell 37.30 points or 0.13% at the days high of 28630.92.The Nifty 50 index shed 108.50 points or 1.23% to settle at 8723.05 its lowest closing level since 12 September 2016. The Nifty dropped 116.45 points or 1.31% at the days low of 8715.10. The index shed 22 points or 0.24% at the days high of 8809.55.In overseas stock markets European stocks dropped as investors trod cautiously ahead of an Organization of the Petroleum Exporting Countries OPEC producers meeting in Algeria later this week. Asian stocks dropped after losses on Wall Street on Friday 23 September 2016 as investors attention turned from central banks to American politics ahead of the first US presidential debate. Investors are pessimistic over any breakthroughs in oil-production cuts when the OPEC gathers for an informal meeting on Wednesday 28 September 2016.Trading in US stock index futures indicated a sharp decline for US stocks at the opening bell today 26 September 2016. Trading in US index futures indicated that the Dow Jones Industrial Average could slide 85 points at the opening bell. US stocks logged weekly gains but ended with solid losses on Friday 23 September 2016. Investors awaited US presidential debate between Donald Trump and Hillary Clinton due later in the global day today 26 September 2016. US presidential elections will be held on 8 November this year.Closer home the market breadth indicating the overall health of the market was weak. On BSE 1693 shares fell and 999 shares rose. A total of 217 shares were unchanged. The BSE Mid-Cap index fell 0.53%. The BSE Small-Cap index dropped 0.55%. The decline in both these indices was lower than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3422.97 crore lower than turnover of Rs 3871.71 crore registered during the previous trading session.Among the sectoral indices  ",
WriteIf(DateNum()== 1160927 , " PRE SESSION:  Market May Open With Decent Gains \n  Key benchmark indices may open with decent gains as trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 58.15 points at the opening bell.In overseas stock markets Asian stocks were mixed amid the first US presidential debate between Democrat Hillary Clinton and Republican Donald Trump. US stocks extended losses yesterday 26 September 2016 as worries about Germanys Deutsche Bank weighed on the financial sector and as investors awaited the US presidential debate.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 206.40 crore yesterday 26 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 113.35 crore yesterday 26 September 2016 as per provisional data.Among corporate news Hero MotoCorp said that it has augmented premium portfolio with the next-gen Achiever - 150 aiming to expand its presence in the premium segment. The motorcycle is competitively priced at Rs 62800 ex-showroom Delhi for the disc variant and Rs 61800 for the drum variant. The company has launched limited edition Achiever 150 to commemorate the 7 crore milestone of cumulative production. The announcement was made after market hours yesterday 26 September 2016.Meanwhile key benchmark indices dropped on first trading day of the week yesterday 26 September 2016 on weak global stocks. The Sensex dropped 373.94 points or 1.3% to settle at 28294.28 its lowest closing level since 29 August 2016.Other StoriesAll eyes on RBIs policy outcome   4-Oct  08:16A flat opening on the cards   3-Oct  08:20Market may extend losses on weak Asian stocks   30-Sep  08:34Strong gains on cards in early trade   29-Sep  08:35Market may see a steady start   28-Sep  08:30Market may open with decent gains   27-Sep  08:32Market may open slightly higher   26-Sep  08:31Market may edge slightly higher in early trade   23-Sep  08:02Market may sur \n \n END SESSION: Sensex Nifty Settle At Over 4-Week Low \n Key benchmark indices ended lower in a volatile session of trade. The barometer index the S&P BSE Sensex fell 70.58 points or 0.25% to settle at 28223.70. The Nifty 50 index shed 16.65 points or 0.19% to settle at 8706.40. The indices moved in a narrow range in positive terrain till late trade before slipping into the red as European stocks reversed intraday gains. Key indices declined for the third straight day. The Sensex and the Nifty both settled at their lowest level in over four weeks.Shares of public sector banks declined. Shares of most private sector banks fell. Metal & mining stocks fell. Capital goods stocks were mixed. IT stocks advanced.The Sensex fell 70.58 points or 0.25% to settle at 28223.70 its lowest closing level since 29 August 2016. The Sensex fell 114.94 points or 0.4% at the days low of 28179.34. The barometer index gained 138.46 points or 0.48% at the days high of 28432.74.The Nifty shed 16.65 points or 0.19% to settle at 8706.40 its lowest level since 29 August 2016. The Nifty shed 32.55 points or 0.37% at the days low of 8690.50. The index gained 45.45 points or 0.52% at the days high of 8768.50.In overseas stock markets European stocks dropped with the energy sector under pressure after Iran poured cold water on hopes for an output-cap deal at a meeting of major oil producers this week. Members of the Organization of the Petroleum Exporting Countries and those outside the cartel are meeting tomorrow 28 September 2016 in Algiers at the International Energy Forum. Most Asian stocks rose with sentiment buoyed by the US presidential debate where Hillary Clinton appeared to gain momentum over Donald Trump. Investors were reacting to the first televised debate between US presidential nominees Hillary Clinton and Donald Trump yesterday 26 September 2016. Clinton appeared to have edged out her Republican opponent based on reports on the initial market reaction.US stocks extended losses yesterday 26 September 2016 as worries about Germanys Deutsche Bank weighed on the financial sector and as investors awaited the US presidential debate. US presidential elections will be held on 8 November this year.Closer home the market breadth indicating the overall health of the market turned negative from positive in late trade. On BSE 1454 shares fell and 1229 shares rose. A total of 216 shares were unchanged. The BSE Mid-Cap index rose 0.11%. The BSE Small-Cap index gained 0.13%. Both these indices outperformed the Sensex. ",
WriteIf(DateNum()== 1160928 , " PRE SESSION:  Market May See A Steady Start \n  Key indices may open slightly higher as trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 22 points at the opening bell.In overseas stock markets Asian stocks dropped with European banking sector concerns and lower crude oil prices dulling investors appetite for riskier assets. US stocks rose yesterday 27 September 2016 after the first presidential debate between Democratic candidate Hillary Clinton and Republican contender Donald Trump and a number of stronger-than-expected economic reports. Stocks are rising on the prospect of a Clinton presidency because the Democrat is viewed as a known quantity while some view Trump as being more unpredictable a bad thing for stock investors. Additionally US consumer confidence rose to 104.1 in September the highest level since August 2007. The Case-Shiller home price index rose 5% for the year in July while house prices rose 0.6%. The Markit flash services purchasing managers index for September rose to 51.9 in September from 51 in August.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 155.76 crore yesterday 27 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 90.67 crore yesterday 27 September 2016 as per provisional data.Among corporate news State Bank of India SBI said that on 27 September 2016 the bank issued and allotted 25000 AT1 Basel III compliant non-convertible perpetual subordinated unsecured debt instrument in the nature of debenture of face value Rs 10 lakh each at par through private placement bearing coupon of 8.75% per annum payable annually with call option after 5 years or any coupon payment date thereafter aggregating to Rs 2500 crore in second tranche. The announcement was made after market hours yesterday 27 September 2016.Mahindra & Mahindra M&M said that it has agreed to acquire 1.49 crore shares or 100% of the shar \n \n END SESSION: Benchmark Indices Drift Higher On Positive European Stocks \n Key benchmark indices snapped three-day losing streak today 28 September 2016 to settle with small gains as firmness in European stocks boosted sentiment. The barometer index the S&P BSE Sensex rose 69.11 points or 0.24% to settle at 28292.81. The gains for the Nifty 50 index were higher than the Sensexs gains in percentage terms. The Nifty gained 38.75 points or 0.45% to settle at 8745.15. Key indices hovered within a narrow range near the flat line throughout the session.Private bank stocks saw mixed trend. PSU bank stocks rose. Auto stocks gained. Metal & mining stocks gained as copper prices rose in global commodity markets. Realty stocks rose.The Sensex rose 69.11 points or 0.24% to settle at 28292.81 its highest closing level since 26 September 2016. The Sensex gained 154.86 points or 0.54% at the days high of 28378.56. The barometer index fell 25.40 points or 0.08% at the days low of 28198.30.The Nifty gained 38.75 points or 0.45% to settle at 8745.15 its highest closing level since 23 September 2016. The Nifty gained 60.65 points or 0.69% at the days high of 8767.05. The index shed 3.25 points or 0.03% at the days low of 8703.15.In overseas stock markets European stocks rose with investor sentiment buoyed by a rally in the banking sector easing concerns over Germanys financial sector. Investors track developments ahead of a meeting of members and non-members of the Organization of the Petroleum Exporting Countries OPEC today 28 September 2016. Most Asian stocks dropped led by losses in Japanese stocks. Japans Nikkei Average settled 1.31% lower.US stocks rose yesterday 27 September 2016 after the first presidential debate between Democratic candidate Hillary Clinton and Republican contender Donald Trump and a number of stronger-than-expected economic reports. Stocks are rising on the prospect of a Clinton presidency because the Democrat is viewed as a known quantity while some view Trump as being more unpredictable a bad thing for stock investors. Additionally US consumer confidence rose to 104.1 in September the highest level since August 2007. The Case-Shiller home price index rose 5% for the year in July while house prices rose 0.6%. The Markit flash services purchasing managers index for September rose to 51.9 in September from 51 in August.Closer home the market breadth indicating the overall health of the market was strong. On BSE 1641 shares rose and 1007 shares fell. A total of 227 shares were unchanged. The B ",
WriteIf(DateNum()== 1160929 , " PRE SESSION:  Strong Gains On Cards In Early Trade \n  Key benchmark indices may open with strong gains tracking firm Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 90.15 points at the opening bell.In overseas stock markets Asian stocks rose tracking strong finish in US stocks yesterday 28 September 2016 after the Organization of the Petroleum Exporting Countries OPEC took an important step toward a cap on crude-oil output which helped in lifting oil prices. OPEC said it would reduce output to a range of 32.5-33.0 million barrels per day bpd a reduction of 0.7-2.2% from OPEC estimates of its current output at 33.24 million bpd. In economic data US orders for durable or long-lasting goods flattened out in August after a sizable gain in the prior month pointing to ongoing difficulties for American manufacturers.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 73.83 crore yesterday 28 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 69.53 crore yesterday 28 September 2016 as per provisional data.The market may remain volatile today 29 September 2016 as traders roll over positions in the futures & options F&O segment from the near month September 2016 series to October 2016 series. The near month September 2016 derivatives contracts expire today 29 September 2016.Among corporate news Oil India Indian Oil Corporation and BPCL will be in focus. The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi yesterday 28 September 2016 gave its approval to an Indian consortium comprising Oil India OIL Indian Oil Corporation IOCL and Bharat Petro Resources BPRL a subsidiary of BPCL for acquiring 23.9% stake in JSC Vankorneft and 29.9% stake in LLC Taas-Yuryakh from Rosneft Oil Company Rosneft the National Oil Company NOC of Russian Federation Russia. Rosneft operates Vankor and Tass-Yu \n \n END SESSION: Sensex Settles At Almost 5-Week Low Below 28000 Mark \n Key benchmark indices suffered steep losses on geopolitical concerns after Indian Army in a press conference today 29 September 2016 revealed that India conducted surgical strikes against terror launchpads inside Pakistan occupied Kashmir late last night. The barometer index the S&P BSE Sensex slumped 465.28 points or 1.64% to settle at 27827.53. The Nifty 50 index lost 153.90 points or 1.76% to settle at 8591.25. The Sensex settled below the psychological 28000 mark after falling below that mark in afternoon trade. The Sensex and the Nifty both settled at their lowest level in almost five weeks. All the nineteen sectoral indices on BSE were in the red.The Indian Army conducted surgical strikes on terror launch pads yesterday 28 September 2016 night across the Line of Control LoC in Pakistan killing several terrorists and causing significant casualties to their hideouts. The press conference was jointly conducted by the Ministry of External Affairs and the Ministry of Defence. Based on very specific and credible information which Army received yesterday that some terrorist teams had positioned itself along the line of control the Army carried out surgical strikes last night at these launch pads. The operations were focused to ensure that these terrorists do not succeed in endangering lives of citizens in India. The Pakistani military reportedly said no such strike had taken place but that there had been an exchange of firing at the frontier.The Sensex slumped 465.28 points or 1.64% to settle at 27827.53 its lowest closing level since 26 August 2016. The Sensex slumped 572.89 points or 2.02% at the days low of 27719.92. The barometer index gained 182.76 points or 0.64% at the days high of 28475.57.The Nifty 50 index lost 153.90 points or 1.76% to settle at 8591.25 its lowest closing level since 26 August 2016. The Nifty dropped 186.90 points or 2.13% at the days low of 8558.25. The index gained 55.50 points or 0.63% at the days high of 8800.65.The broad market depicted weakness. There were more than five losers against every gainer on BSE. 2297 shares fell and 442 shares rose. A total of 192 shares were unchanged. The BSE Mid-Cap index fell 3.6%. The BSE Small-Cap index lost 4.02%. The fall in both these indices was higher than Sensexs decline in percentage terms.In overseas stock markets global stocks rose after the Organization of the Petroleum Exporting Countries OPEC took an important step toward a cap on crude-oil output w ",
WriteIf(DateNum()== 1160930 , " PRE SESSION:  Market May Extend Losses On Weak Asian Stocks \n  Key benchmark indices may open lower tracking weakness in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 54.50 points at the opening bell.In overseas stock markets Asian stocks fell tracking weakness on Wall Street yesterday 29 September 2016 as Deutsche Bank shares slumped to a record low after a report that trading clients had withdrawn excess cash and positions held in the largest German lender. The cause of Deutsches crisis is a fine disputed by Deutsche of up to $14 billion by the US Department of Justice over its sale of mortgage-backed securities.Meanwhile revised data suggest that the US economys performance in the spring was slightly better than expected as business investment wasnt nearly as weak as previously reported. The gross domestic product grew a 1.4% pace in the second quarter. Philadelphia Federal Reserve President Patrick Harker said he backs a December rate increase if the economy continues to grow as expected while Atlanta Fed President Dennis Lockhart said he expects the Fed to be in a position to raise rates soon. Fed Gov. Jerome Powell on the other hand said the Fed can afford to be patient in gradually raising rates as the economy slowly improves.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 3413.37 crore yesterday 29 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1630.88 crore yesterday 29 September 2016 as per provisional data.Meanwhile the Reserve Bank of India Act 1934 RBI Act has been amended by the Finance Act 2016 to provide for a statutory and institutionalized framework for a Monetary Policy Committee for maintaining price stability while keeping in mind the objective of growth. The Monetary Policy Committee would be entrusted with the task of fixing the benchmark policy rate repo rate required to contain inflation wi \n \n END SESSION: Mid-Cap Small-Cap Indices Outshine Sensex \n Key benchmark indices settled with small gains on bargain hunting after a rangebound trade and amid volatility on the last session of the week. The barometer index the S&P BSE Sensex rose 38.43 points or 0.14% to settle at 27865.96. The gains for the Nifty 50 index were higher than the Sensexs gains in percentage terms. The Nifty gained 19.90 points or 0.23% to settle at 8611.15. Except BSE FMCG index all the other sectoral indices on BSE were in the green. Heavy buying was witnessed in small-cap and mid-cap stocks after these stocks witnessed a sell-off in the previous session.Key indices rose on bargain hunting after suffering steep losses yesterday 29 September 2016 triggered by flare up in India-Pakistan tension after Indian Army in a press conference yesterday 29 September 2016 revealed that it conducted surgical strikes against terror launchpads inside Pakistan occupied Kashmir. However gains were capped by weakness in global stocks.The Sensex rose 38.43 points or 0.14% to settle at 27865.96 its highest closing level since 28 September 2016. The index gained 127.68 points or 0.45% at the days high of 27955.21. The index dropped 110.75 points or 0.39% at the days low of 27716.78 its lowest level since 29 August 2016.The Nifty gained 19.90 points or 0.23% to settle at 8611.15 its highest closing level since 28 September 2016. The index gained 45.90 points or 0.53% at the days high of 8637.15. The index dropped 36.05 points or 0.41% at the days low of 8555.20 its lowest level since 29 August 2016.The broad market depicted strength. There were more than three gainers against every loser on BSE 2058 shares rose and 631 shares fell. A total of 187 shares were unchanged. The BSE Mid-Cap rose 1.95%. The BSE Small-Cap index gained 2.13%. Both these indices outperformed the Sensex.In overseas stock markets European stocks were sharply lower as shares of Deutsche Bank AG traded at the weakest level on record triggering losses across the financial sector. Asian stocks fell tracking lower finish for US stocks yesterday 29 September 2016 as Deutsche Bank shares slumped to a record low after a report that trading clients had withdrawn excess cash and positions held in the largest German lender. The cause of Deutsches crisis is a fine disputed by Deutsche of up to $14 billion by the US Department of Justice over its sale of mortgage-backed securities.Meanwhile revised data suggest that the US economys performance in the spring was slig ",
WriteIf(DateNum()== 1161003 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 3 October 2016. Among domestic macro macro economic data Markit Economics will announce the India Manufacturing PMI data for September 2016 today 3 October 2016.In overseas stock markets Asian stocks were mostly higher as investors weighed the prospects of a further US interest rate hike and a report on business sentiment out of Japan. Stock markets in China and South Korea were closed for holiday. US stocks closed sharply higher on Friday 30 September 2016 as Deutsche Bank shares rebounded amid a report that the German banking giant was near a settlement with the Justice Department.Closer home foreign portfolio investors FPIs sold shares worth a net Rs 1028.31 crore on Friday 30 September 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 1560.29 crore on Friday 30 September 2016 as per provisional data.Shares of public sector oil marketing companies PSU OMCs will be in focus after announcing revision in petrol and diesel prices with effect from the midnight of 30 September 2016. Indian Oil Corporation IOCL on Friday 30 September 2016 announced an increase in the price of petrol by Rs 0.28 per litre and diesel price was decreased by Rs 0.06 a litre at Delhi including state levies with corresponding price revision in other states.Maruti Suzuki India MSIL announced on Saturday 1 October 2016 that its total sales jumped 31.1% to 1.49 lakh units in September 2016 over September 2015. Domestic sales surged 29.4% to 1.37 lakh units in September 2016 over September 2015. Exports jumped 54% to 11822 units in September 2016 over September 2015.Tata Motors announced on Saturday 1 October 2016 that Tata Motors passenger and commercial vehicle sales including exports rose 8% to 48648 units in September 2016 over September 2015. The companys domestic s \n \n END SESSION: Sensex Regains 28000 \n Trading for October started on a buoyant note as key benchmark indices logged strong gains led by gains in index heavyweights HDFC L&T and Reliance Industries RIL. The S&P BSE Sensex rose 377.33 points or 1.35% to settle at 28243.29. The Nifty 50 index gained 126.95 points or 1.47% to settle at 8738.10. The Sensex settled above the psychologically important 28000 mark after regaining that level in morning trade. Positive global stocks underpinned sentiment on the domestic bourses.The Sensex rose 377.33 points or 1.35% to settle at 28243.29 its highest closing level since 28 September 2016. The index rose 407.06 points or 1.46% at the days high of 28273.02. The index rose 53.93 points or 0.19% at the days low of 27919.89.The Nifty gained 126.95 points or 1.47% to settle at 8738.10 its highest closing level since 28 September 2016. The index rose 134.05 points or 1.56% at the days high of 8745.20. The index rose 23.85 points or 0.28% at the days low of 8635.In overseas stock markets global stocks rose as investors weighed the prospects of a further US interest rate hike and a report on business sentiment out of Japan. Stock markets in China and South Korea were closed for holiday. In Japan the Nikkei 225 Average ended 0.9% higher. The Bank of Japans tankan survey released today 3 October 2016 showed Japans large manufacturers now expect their pretax profit to drop 14.6% in this financial year through March compared with a previous forecast for a 11.6% fall. Meanwhile activity in Chinas manufacturing sector expanded again in September data released on 1 October 2016 showed. The official Purchasing Managers Index PMI stood at 50.4 in September identical with the previous months level the National Bureau of Statistics said. The non-manufacturing PMI rose to 53.7 from 53.5 in August. US stocks closed sharply higher on Friday 30 September 2016 as Deutsche Bank shares rebounded amid a report that the German banking giant was near a settlement with the Justice Department.Back home the broad market depicted strength. There were more than three gainers against every loser on BSE. 2228 shares gained and 660 shares fell. A total of 117 shares were unchanged. The BSE Mid-Cap index rose 2.4%. The BSE Small-Cap index gained 2.67%. Both these indices outperformed the Sensex.All the nineteen sectoral indices on BSE were in the green. The S&P BSE Industrials index up 2.21% the S&P BSE Auto index up 2.44% the S&P BSE Finance index up ",
WriteIf(DateNum()== 1161004 , " PRE SESSION:  All Eyes On RBIs Policy Outcome \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 12 points at the opening bell. The major event today 4 October 2016 is the Reserve Bank of Indias RBI fourth bi-monthly monetary policy meeting.The RBI after the third bi-monthly monetary policy on 9 August 2016 decided to keep the policy repo rate unchanged at 6.5%. Consequently the reverse repo rate remained unchanged at 6%. RBI also kept the cash reserve ratio CRR of scheduled banks unchanged at 4%.The latest monetary policy meeting will be the first meet where the interest rate decision is taken by a panel. Urjit Patel the RBI governor will be one among the six-member Monetary Policy Committee MPC recently notified by the government.In overseas stock markets Asian stocks were trading on mixed note. US stocks closed lower yesterday 3 October 2016 as investors digested key economic news and kept an eye on oil prices.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 34.22 crore yesterday 3 October 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs bought shares worth a net Rs 198.02 crore yesterday 3 October 2016 as per provisional data.Interest rate sensitive banking auto and realty stocks will be watched ahead of the Reserve Bank of Indias RBI monetary policy meeting today 4 October 2016. Purchases of automobiles including that of cars utility vehicles and commercial vehicles are substantially driven by financing. Purchases of both residential and commercial property are largely driven by finance.Hero MotoCorps total sales rose 11% to 6.74 lakh units in September 2016 over September 2015. The company registered highest ever sales in any month so far in September 2016. The announcement was made after market hours yesterday 3 October 2016. The growth momentum was backed by a series of positive factors such as the successful market launch of the Splendor iSmart 1 \n \n END SESSION: Sensex Nifty Hit 1-1/2 Week Closing High \n Key benchmark indices logged modest gains in a volatile session of trade after the Reserve Bank of India RBI cut repo rate by 25 basis points to 6.25%. The S&P BSE Sensex rose 91.26 points or 0.32% to settle at 28334.55. The Nifty 50 index rose 31.05 points or 0.36% to settle at 8769.15. Positive global stocks also boosted sentiment on domestic bourses. The Sensex and the Nifty both hit their highest closing level in 1-1/2 weeks. Key indices gained for the third session in a row today 4 October 2016.The Sensex rose 91.26 points or 0.32% to settle at 28334.55 its highest closing level since 23 September 2016. The index rose 161.41 points or 0.57% at the days high of 28404.70. The index fell 1.04 points at the days low of 28242.25.The Nifty rose 31.05 points or 0.36% to settle at 8769.15 its highest closing level since 23 September 2016. The index rose 45.55 points or 0.52% at the days high of 8783.65. The index shed 2 points or 0.02% at the days low of 8736.10.The Reserve Bank of India RBI reduced the key policy repo rate by 25 basis points to 6.25% in its fourth bi-monthly monetary policy meeting today 4 October 2016. Six members voted in favour of the monetary policy decision. The minutes of the MPCs meeting will be published on 18 October 2016. The decision of the Monetary Policy Committee MPC is consistent with an accommodative stance of monetary policy in consonance with the objective of achieving consumer price index CPI inflation at 5% by Q4 March 2017 and the medium-term target of 4% within a band of +/- 2% while supporting growth RBI said.The momentum of growth is expected to quicken with a normal monsoon raising agricultural growth and rural demand as well as by the stimulus to the urban consumption spending from the pay commissions award. The accommodative stance of monetary policy and comfortable liquidity conditions should support a revival of credit to the productive sectors. The continuing sluggishness in world trade and smaller terms of trade gains than in the past point however to further slackening of external demand going forward. Accordingly the projection of growth of real gross value added GVA for 2016-17 is retained at 7.6% with risks evenly balanced around it RBI said.The latest monetary policy meeting was the first meet where the interest rate decision is taken by a panel. Urjit Patel the RBI governor was one among the six-member Monetary Policy Committee MPC recently notified by the governm ",
WriteIf(DateNum()== 1161005 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 5 October 2016. In overseas stock markets most Asian stock were trading lower. US stocks closed lower yesterday 4 October 2016 as investors digested data from the International Monetary Fund and remarks from a Federal Reserve official.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 344.13 crore yesterday 4 October 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 172.23 crore yesterday 4 October 2016 as per provisional data.Meanwhile the International Monetary Fund IMF has raised Indias growth forecast a tad citing the resilience of its economy and robust growth momentum. The IMF now expects the economy to expand 7.6% in 2016-17 up from its earlier projection of 7.4%.HDFC announced that the profit on sale of investments declined 60.41% to Rs 19 crore in Q2 September 2016 over Q2 September 2015. Income from dividend rose 7.29% to Rs 456 crore in Q2 September 2016 over Q2 September 2015. The company under the loan assignment route sold loans amounting to Rs 1939 crore in Q2 September 2016 to HDFC Bank. HDFC sold loans amounting to Rs 13086 crore in the preceding twelve months. The company is scheduled to announce its Q2 September 2016 results on 26 October 2016. The announcement was made after market hours yesterday 4 October 2016.Tata Steel announced that the Committee of Directors yesterday 4 October 2016 allotted 8.15% Unsecured Redeemable Non-Convertible Debentures aggregating to Rs 1000 crore on a private placement basis to certain identified investors. The announcement was made after market hours yesterday 4 October 2016.Yes Bank announced after market hours yesterday 4 October 2016 that it has successfully raised Rs 2135 crore through senior long term infrastructure bonds. The issue was closed on 30 September 2016  \n \n END SESSION: Market Snaps Three-Day Winning Streak \n Key benchmark indices snapped three-day winning streak as weakness in global stocks weighed on sentiment. The S&P BSE Sensex fell 113.57 points or 0.4% to settle at 28220.98. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex. The Nifty shed 25.20 points or 0.29% to settle at 8743.95. The market breadth indicating the overall health of the market was strong. On BSE 1745 shares gained and 1135 shares fell. A total of 124 shares were unchanged. The BSE Mid-Cap index rose 0.5%. The BSE Small-Cap index gained 0.62%. Both these indices outperformed the Sensex. A private survey showing easing activity in services sector in September also marred sentiment.Key indices traded in red since morning trade after hitting over one-week high at the onset of the trading session triggered by the International Monetary Fund IMF raising Indias growth forecast slightly.The Sensex fell 113.57 points or 0.4% to settle at 28220.98 its lowest level since 30 September 2016. The index rose 143.10 points or 0.51% at the days high of 28477.65 its highest level since 26 September 2016. The index lost 145.65 points or 0.51% at the days low of 28188.90.The Nifty shed 25.20 points or 0.29% to settle at 8743.95 its lowest level since 3 October 2016. The index rose 37.80 points or 0.43% at the days high of 8806.95 its highest level since 26 September 2016. The index lost 37.75 points or 0.43% at the days low of 8731.40.Among sectoral indices on BSE the S&P BSE Industrials index up 0.62% the S&P BSE Auto index up 0.35% the S&P BSE Consumer Discretionary Goods & Services index up 0.5% the S&P BSE Capital Goods index up 0.19% the S&P BSE Power index up 0.28% the S&P BSE Healthcare index down 0.34% the S&P BSE Consumer Durables index down 0.22% the S&P BSE Realty index up 1.69% the S&P BSE Metal index up 0.69% the S&P BSE Energy index down 0.26% the S&P BSE Utilities index up 0.18% the S&P BSE Basic Materials index up 0.82% the S&P BSE Oil & Gas index down 0.33% the S&P BSE Telecom index up 0.45% the S&P BSE Teck index down 0.38% and the S&P BSE FMCG index up 0.29% outperformed the Sensex. The S&P BSE Finance index down 0.46% the S&P BSE Bankex down 0.78% and the S&P BSE IT index down 0.56% underperformed the Sensex.The total turnover on BSE amounted to Rs 3170.22 crore lower than turnover of Rs 4258.42 crore registered during the previous trading session.In overseas stock mark ",
WriteIf(DateNum()== 1161006 , " PRE SESSION:  Market May Open Firm On Positive Asian Stocks \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 30 points at the opening bell.In overseas stock markets Asian stocks rose bolstered by overnight rise in oil prices. US stocks rose yesterday 5 October 2016 on positive economic data. September ISM non-manufacturing came in stronger than expected at 57.1. Factory orders also increased slightly in August while the trade deficit in the US widened more than expected in August and mortgage applications increased 2.9 percent last week.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 243 crore yesterday 5 October 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 349.86 crore yesterday 5 October 2016 as per provisional data.Indian Oil Corporation IOCL announced that the company has fixed 19 October 2016 as the record date for 1:1 bonus issue. The announcement was made after market hours yesterday 5 October 2016.Oil India announced that the company led Indian consortium successfully completed two landmark acquisitions in Russia. The Indian consortium led by Oil India including Indian Oil Corporation IOCL and Bharat PetroResources BPRL a 100% subsidiary of BPCL have successfully completed two landmark acquisitions of producing upstream assets in Russia. The consortium acquired 29.9% stake in LLC Taas-Yuryakh Neftegazodobycha Taas Yuryakh and 23.9% stake in JSC Vankorneft Vankorneft from Rosneft Oil Company the national oil company of Russia.Power Grid Corporation of India PGCIL announced that POWERGRID Unchahar Transmission a wholly owned subsidiary of the company has successfully completed the project comprising the element Unchahar-Fatehpur 400 kV D/c line and declared commercial operation on 1 October 2016. The announcement was made after market hours yesterday 5 October 2016.Key benchmark indices snapped three-day winning streak yesterday 5 \n \n END SESSION: Market Drops For Second Day In A Row \n Key benchmark indices dropped for the second day in a row today 6 October 2016 led by losses in index heavyweights ITC and Infosys. The S&P BSE Sensex fell 114.77 points or 0.41% to settle at 28106.21. The Nifty 50 index shed 34.40 points or 0.39% to settle at 8709.55. The Sensex and the Nifty both hit their lowest closing level in almost a week. After remaining in positive terrain till afternoon trade key indices slipped into the red following negative cues from European stocks.The Sensex fell 114.77 points or 0.41% to settle at 28106.21 its lowest closing level since 30 September 2016. The index shed 189.76 points or 0.67% at the days low of 28031.22. The index rose 107.58 points or 0.38% at the days high of 28328.56.The Nifty shed 34.40 points or 0.39% to settle at 8709.55 its lowest closing level since 30 September 2016. The index lost 59.30 points or 0.68% at the days low of 8684.65. The index rose 37.20 points or 0.42% at the days high of 8781.15.Among sectoral indices on BSE the S&P BSE Industrials index down 0.47% the S&P BSE Auto index down 0.69% the S&P BSE Power index down 1.18% the S&P BSE Healthcare index down 0.99% the S&P BSE Realty index down 1.48% the S&P BSE Utilities index down 0.56% the S&P BSE Basic Materials index down 0.47% the S&P BSE Teck index down 0.78% the S&P BSE Finance index down 0.63% the S&P BSE Bankex down 0.7% and the S&P BSE IT index down 0.87% underperformed the Sensex. The S&P BSE Consumer Discretionary Goods & Services index down 0.3% the S&P BSE Capital Goods index down 0.18% the S&P BSE Consumer Durables index down 0.35% the S&P BSE Metal index up 0.07% the S&P BSE Energy index up 1.87% the S&P BSE Oil & Gas index up 2.64% the S&P BSE Telecom index up 0.45% and the S&P BSE FMCG index down 0.35% outperformed the Sensex.The market breadth indicating the overall health of the market was negative. On BSE 1529 shares declined and 1345 shares rose. A total of 129 shares were unchanged. The BSE Mid-Cap index fell 0.56%. The BSE Small-Cap index dropped 0.48%. The fall in both these indices was higher than the Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3662.48 crore lower than turnover of Rs 3914.82 crore registered during the previous trading session.In overseas stock markets European shares retreated in choppy trade hit by worries that the European Central Bank might wind down the pace of bond-buying before th ",
WriteIf(DateNum()== 1161007 , " PRE SESSION:  A Flat Opening On The Cards \n  Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today 7 October 2016.In overseas stock markets Asian stocks were trading lower as investors looked ahead to a key employment report. Markets in China remained closed for the Golden Week public holidays. US stocks closed near the flatline yesterday 6 October 2016 as investors abstained from making big bets ahead of much-anticipated September jobs report. The US Bureau of Labor Statistics will announce the non farm payrolls report for September 2016 later in the global day today 7 October 2016. Total nonfarm payroll employment in the United States increased by 151000 in August of 2016 lower than a upwardly revised 275000 in July. Investors and traders have been keeping a close eye on economic data as they gauge the likelihood of the US Federal Reserve raising interest rates later this year.Closer home foreign portfolio investors FPIs bought shares worth a net Rs 353.80 crore yesterday 6 October 2016 as per provisional data released by the stock exchanges. Domestic institutional investors DIIs sold shares worth a net Rs 124.45 crore yesterday 6 October 2016 as per provisional data.Tata Steel announced that its hot metal production rose 17% to 3.12 million tonnes in Q2 September 2016 over Q2 September 2015. Crude steel production rose 13% to 2.82 million tonnes in Q2 September 2016 over Q2 September 2015. Saleable steel production increased by 11% to 2.71 million tonnes in Q2 September 2016 over Q2 September 2015. The companys sales rose 12.44% to 2.62 million tonnes in Q2 September 2016 over Q2 September 2015. The announcement was made after market hours yesterday 6 October 2016.Reliance Industries RIL before market hours today 7 October 2016 said that Reliane Jio Infocomm RJIL has successfully acquired the right to use 269.2 MHz UL+DL spectrum across all 22 service areas in India in the recently concluded spectrum auction conducte \n \n END SESSION: Sensex Nifty Settle At One-Week Low On Negative Global Cues \n Key benchmark indices logged small losses on last trading day of the week led by decline in index heavyweights HDFC and Infosys. The barometer index S&P BSE Sensex fell 45.07 points or 0.16% to settle at 28061.14. The Nifty 50 index fell 11.95 points or 0.14% to settle at 8697.60. The Sensex settled above the psychologically important 28000 mark. The index swung above and below that level after dropping below that mark in early afternoon trade. Small decline pushed the Sensex and the Nifty to one-week closing low. Domestic bourses declined in tandem with global stocks as investors looked ahead to US jobs data for September 2016.The Sensex fell 45.07 points or 0.16% to settle at 28061.14 its lowest closing level since 30 September 2016. The Sensex fell 141.30 points or 0.5% at the days low of 27964.91. The barometer index rose 49.47 points or 0.18% at the days high of 28155.68.The Nifty 50 index fell 11.95 points or 0.14% to settle at 8697.60 its lowest closing level since 30 September 2016. The Nifty lost 45.75 points or 0.52% at the days low of 8663.80. The index rose 14.15 points or 0.16% at the days high of 8723.70.Closer home the market breadth indicating the overall health of the market was just about negative. On BSE 1397 shares fell and 1378 shares rose. A total of 222 shares were unchanged. The BSE Mid-Cap index rose 0.01% outperforming the Sensex. The BSE Small-Cap index slipped 0.02%. The fall in this index was lower than Sensexs decline in percentage terms.The total turnover on BSE amounted to Rs 3334.91 crore lower than turnover of Rs 3674.61 crore registered during the previous trading session.Among the sectoral indices on BSE the S&P BSE Telecom index down 0.94% the S&P BSE IT index down 0.82% the S&P BSE Oil & Gas index down 0.65% the S&P BSE Teck index down 0.56% the S&P BSE Energy index down 0.36% the S&P BSE Healthcare index down 0.27% the S&P BSE Consumer Durables index down 0.25% the S&P BSE Finance index down 0.21% the S&P BSE Capital Goods index down 0.21% the S&P BSE Power index down 0.2% underperformed the Sensex. The S&P BSE Utilities index down 0.14% the S&P BSE Realty index down 0.13% the S&P BSE Consumer Discretionary Goods & Services index down 0.12% the S&P BSE FMCG index down 0.07% the S&P BSE Bankex down 0.03% the S&P BSE Basic Materials index up 0.41% the S&P BSE Auto index down 0.62% the S&P BSE Industrials index up 0.71% the S&P BSE Metal index  ",
"" ))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))));


Overlaymode = ParamToggle("Overlay Mode", "Show|Hide",0);

if (Overlaymode==1)
{
GfxSetOverlayMode(1);
}
else if(Overlaymode==0)

GfxSetOverlayMode(0);

GfxSetBkMode(1);

Title = StrFormat("Nifty News Afl - {{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}\n", O, H, L, C, SelectedValue( ROC( C, 1 ) ) );

GfxSelectPen( colorLightBlue, 1); // Border Color 

Yx1 = Status("pxchartleft") ;  // left side of chart
Yy1 = Status("pxcharttop"); // top side of chart
Yx2 = Status("pxchartright"); // right side of chart
Yy2 = Status("pxchartbottom"); // bottom side ofthe chart
Yx3 = Status("pxchartwidth"); // boarder type size
Yy3 = Status("pxchartwidth"); // boarder type size
FS = (Status("pxchartwidth") + Status("pxchartheight"));





GfxSelectFont( "Tahoma", FS*0.006, 800 );
YJ = BarIndex();
YI= SelectedValue( YJ ) - YJ[ 0 ]; 


Foreignticker1 = ParamStr( "NIFTY Ticker", "NIFTY 50" );


SetForeign(Foreignticker1); 
Yc = TimeFrameGetPrice( "O", inDaily, 0 );
TC = TimeFrameGetPrice( "C", inDaily, 0 );

RestorePriceArrays();

Foreigntickerclose = Foreign(Foreignticker1, "C");



if (Foreigntickerclose[YI]>YC[YI]) 
GfxSetTextColor(ColorRGB(50, 220, 60));
else
GfxSetTextColor(ColorRGB(220, 50, 110));

function DayOfWeekName()
{
	dayInt = DayOfWeek();
	dayStr = 
		WriteIf(dayInt == 0, "Sunday", 
		WriteIf(dayInt == 1, "Monday",
		WriteIf(dayInt == 2, "Tuesday",
		WriteIf(dayInt == 3, "Wednesday",
		WriteIf(dayInt == 4, "Thursday",
		WriteIf(dayInt == 5, "Friday",
		WriteIf(dayInt == 6, "Saturday",
			"Unknown")))))));

	return dayStr;
}

function MonthName()
{
	monthInt = Month();
	monthStr = 
Writeif(Monthint == 1, "January",
Writeif(Monthint == 2, "February",
Writeif(Monthint == 3, "March",
Writeif(Monthint == 4, "April",
Writeif(Monthint == 5, "May",
Writeif(Monthint == 6, "June",
Writeif(Monthint == 7, "July",
Writeif(Monthint == 8, "August",
Writeif(Monthint == 9, "September",
Writeif(Monthint == 10, "October",
Writeif(Monthint == 11, "November",
Writeif(Monthint == 12, "December", "Unknown"))))))))))));

	return monthStr;
}

CDate = DayOfWeekName()+"  "+NumToStr(Day(),1.0) + " " + MonthName() + " " + NumToStr(Year(),1.0, False);

Newspara=ParamToggle("Hide Nifty News","No|Yes",1);	
if (Newspara==1){	
GfxDrawText("Date :  "+CDate+"\n\n"+Sts1,Yx1*5,Yy1*5,Yx2,Yy2,16);	}

SetChartOptions(0,chartShowArrows|chartShowDates|chartWrapTitle);
_N(Title = "{{NAME}} - {{INTERVAL}} " + CDate + ", {{DATE}} " + StrFormat("Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));

Chartpara=ParamToggle("Chart","No|Yes",1);	
if (Chartpara==0){

Yspace=Param("Graphic Space",75,1,1000);
SetChartBkGradientFill(ParamColor("Top Color",colorDarkOliveGreen), ParamColor("Bottom Color",colorDarkOliveGreen),ParamColor("Title Color",colorBrown));
SetChartBkColor(ParamColor("Outer Border Color",colorBlack)); // Color Of Outer Border
SetBarFillColor( IIf( C > O, ParamColor("Up Candle", colorBrightGreen), ParamColor("Down Candle",colorRed ) ));
Plot( C, "Price", IIf( C > O, ParamColor("Up Candle Outer", colorBrightGreen), ParamColor("Down Candle Outer",colorRed )), styleCandle|styleNoTitle|styleNoLabel );
Plot( C, "Price", ParamColor("Close Color", colorWhite),styleNoLine|styleNoTitle);
GraphXSpace = Status("Pxheight")/Yspace;
}

2 comments

1. SPASHA

THER IS NO NEWS ON CHARTS, BUT YOUR WORK IS GOOD……

2. ameheta

@SPASHA

Active the chart on parameter windows. You can see both news and chart in same windows.

Leave Comment

Please login here to leave a comment.

Back