Friday, 16 September 2016

Sensex up 300 pts, Nifty strong; banks, auto, FMCG stocks lead

Maruti Suzuki touched a record high of Rs 5,572.30, up more than 2 percent and hit market capitalisation of Rs 1.7 lakh crore. 

Equity benchmarks extended rally in morning trade with the Sensex rising over a percent, driven by banks, FMCG and auto stocks and following positive lead from the Wall Street.

The 30-share BSE Sensex was up 297.09 points or 1.05 percent at 28709.98 and the 50-share NSE Nifty gained 85.50 points or 0.98 percent at 8828.05.

Mark Mobius of Franklin Templeton Investment says he sees brighter prospects for investors in emerging markets compared with last year, and the long-term performance of emerging-market equities compares favourably to that of developed markets.

Emerging markets have received strong inflows this summer as investors continued to search for higher yields. A rebound in commodity prices this year led by oil has further shifted investor sentiment in favour of emerging market equities, he says.

The broader markets also traded in line with benchmarks on strong breadth. About 1474 shares advanced against 393 declining shares on the Bombay Stock Exchange.

Maruti Suzuki touched a record high of Rs 5,572.30, up more than 2 percent and hit market capitalisation of Rs 1.7 lakh crore.
www.Bigprofitbuzz.com


5 comments:

Neha Agrawal said...

Commodity market involves high risk on investment. MCX commodity requires high capital on investment. Traders should follow accurate MCX Tips to prevent from loss.

BIGPROFITBUZZ said...

#Performance of the Day (16th Sept 2016)

#Equity Profit Buzz Performance (16th Sept 2016)
1. CENTURYTEX (Profit Rs 17/share)
2. HINDUNILVR (Porfit Rs 6/Share)

#Derivative Profit Buzz Performance (16th Sept 2016)
1. CENTURYTEX (Profit Rs 13200/Lot)
2. HINDUNILVR (Porfit Rs 3600)

#Nifty Profit Buzz Performance (16th Sept 2016)
3. BANKNIFTY (Profit Rs 4000/Lot)
4. NIFTY (Profit Rs 1875/Lot)

#Option Profit Buzz Performance (16th Sept 2016)
5. CESC 660CE (Pending)

#Jackpot Profit Buzz Performance (16th Sept 2016)
1. SUNPHARMA (Profit Rs 5/share & Rs 3000/Lot)

#Multi Profit Buzz Performance (16th Sept 2016)
1. CENTURYTEX (Profit Rs 17/share & Rs 13200/Lot)
2. HINDUNILVR (Porfit Rs 6/Share & Rs 3600)
3. BANKNIFTY (Profit Rs 4000/Lot)
4. NIFTY (Profit Rs 1875/Lot)
5. CESC 660CE (Pending)
www.bigprofitbuzz.com

BIGPROFITBUZZ said...

#Weekly Performance From (12th to 16th Sept 2016)-Profit Booked Rs 1,83,875/- Multi Package (EQ 500/Share & FO 2/Lot)
#Suffering with loss and Worry with market trend? Join Now our HIGHLY ACCURATE Multi Profit Package at just Rs.15000/month. No Fake Claims, Honest Returns, With you always. To Join call us at 09899836532 or 09958339053
www.bigprofitbuzz.com

Geet Khare said...

Deutsche Bank's US-listed shares slumped 9.35 percent. Dow components Goldman Sachs and JPMorgan fell over 1 percent each. capitalstars


suhani verma said...

blog work is really appreciable
Ways2Capital