Sensex higher, Nifty ends below 8,400, Nifty Future Option Tips

In a volatile trading, the benchmark indices on Monday settled on higher note. The Sensex ended up 82.84 points or 0.3% at 27117.34, and the Nifty was up 42.15 points or 0.5% at 8391.50. In the broader market, both BSE Midcap and BSE Smallcap outperformed by rising 0.5% each. The market movement remained strong with 1,601 advances over 1,117 declines. 272 shares remained unchanged.  

GAIL, HDFC, Tata Motors, Tata Steel and Hero MotoCorp, are top gainers while ICICI Bank, L&T, Axis Bank, Sun Pharma and Reliance. 

Weekly Reports- Stocks Going Through the Week – 16 to 20 January, 2017

The S&P BSE Sensex and the Nifty50 index closed the weekend Friday, 20 January 2017 on an unpleasant note. During the week, the trading was monotonous, except the weekend-Friday with a range-bound trading, influenced by mixed global cues. 

Going though the week, on Monday, 16 January 2017, Key indices settled with small gains, with the Sensex risen 50.11 points or 0.18% to settle at 27,288.17, its highest closing level since 10 November 2016. On Tuesday, 17 Jan, the indices settled with small losses after a range-bound and dull session of trade, when the Sensex declined 52.51 points or 0.19% to settle at 27,235.66, which is the lowest closing mark since 11 Jan 2017. 

On Wednesday, 18 Jan, the indices settled with tiny gains after a volatile trade, when the Sensex risen 21.98 points or 0.08% to settle at 27,257.64, a highest mark noted since 10 Nov 2016. On Thursday, 19 Jan, The Sensex had risen 50.96 points or 0.19% to settle at 27,308.60, its highest closing level since 10 Nov 2016. 

Trading for the weekend Friday Jan 20 was on sour note, when the Sensex lost 203.56 points to settle at 27,034.50, its lowest closing level since 10 January 2017. The Nifty declined 51 points to settle at 8,349.35. The BSE Mid-Cap index shed 0.43%, and the BSE Small-Cap index kicked the market-pace by advancing 0.56% during the week.

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