Sunday 13 March 2016

Sensex, Nifty firm on auto & banks support; metals slip --- 14 Mar 2016

The market continues to rise supported by auto, banks and FMCG stocks while metals are dragging. The Sensex is up 155.39 points or 0.6 percent at 24873.38, and the Nifty is up 46.20 points or 0.6 percent at 7556.40. About 1368 shares have advanced, 715 shares declined, and 136 shares are unchanged. 

                                                 
ICICI Bank, Tata Motors, Adani Ports, GAIL and Axis Bank are top gainers while Coal India, Bharti Airtel, Bajaj Auto, Dr Reddy's and Wipro are losers in the Sensex.

Crude oil futures fell Rs 17 to Rs 2,578 per barrel today as speculators offloaded positions amid a weak trend in the Asian markets. Trading sentiment turned weak in futures trade following fall in crude oil prices in the Asian markets on profit-taking after last week's rise and Iran's move not to join a proposed output freeze by crude producers, analysts.

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