Sensex extends losing streak, ends 98 points lower; Nifty holds 8,050; Bajaj Auto slumps 5% --- 2 Nov 2015

Sensex closed 97.68 points down at 26,559.15 while Nifty settled 15 points down at 8050.80.

The market has ended lower. The Sensex was down 97.68 points or 0.4 percent at 26559.15 and the Nifty slipped 15 points or 0.2 percent at 8050.80. About 1162 shares advanced, 1533 shares declined, and 122 shares were unchanged.

M&M, Coal India, Reliance, Tata Motors and Axis Bank were top gainers in the Sensex. Among the losers were Bajaj Auto, Tata Steel, Vedanta, Hindalco and HDFC. 

In the 50-share index, Tech Mahindra, YES Bank, ACC, M&M and Coal India slid between 1.60 per cent and 3.40 per cent. On the other hand, Bajaj Auto, Tata Steel, Vedanta, Hindalco and Sun Pharma slid declined between 2.60 per cent and 4.70 per cent.

                             

Among the sectoral indices on the Bombay Stock Exchange, the BSE Metal index declined the most 1.27 per cent, followed by the BSE Capital Goods index (down 1.05 per cent), BSE Healthcare index (down 0.72 per cent) and BSE Power index (down 0.18 per cent).

The BSE Realty index and BSE Consumer Durables index gained 0.91 per cent and 0.53 per cent, respectively.

Markets @ 3:00 

Sensex: 26523.60, down 133 points; Nifty: 8,040.75, down 25 points 

Top Gainers: 

M&M (2.4%), COAL INDIA (1.6%), RIL (1.1%), MARUTI SUZUKI (0.8%), ICICI BANK (0.8%) 

Top Losers: 

BAJAJ AUTO (4.5%), HINDALCO (3.7%), VEDANTA (3.4%), TATA STEEL (3.4%), HDFC (3.3%) 

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Nifty holds 8000 amid pressure; M&M, Tata Motors, Maruti up -- 2 Nov 2015

Auto stocks bucked the trend post October sales data. Mahindra & Mahindra rallied 3 percent as its October sales increased by 20 percent year-on-year to 51,383 units, majorly led by passenger vehicle (up 19 percent to 24,060 units) and commercial vehicle sales (up 31 percent at 18,756 units).


                             

The market slipped further in noon trade with the Sensex falling 200.75 points to 26456.08 and the Nifty down 51.30 points to 8014.50. FMCG, metals, infra, select technology and banking & financial stocks dragged market down. The broader markets also declined with the BSE Midcap and Smallcap indices down 0.3-0.5 percent. Auto stocks bucked the trend post October sales data. Mahindra & Mahindra rallied 3 percent as its October sales increased by 20 percent year-on-year to 51,383 units, majorly led by passenger vehicle (up 19 percent to 24,060 units) and commercial vehicle sales (up 31 percent at 18,756 units). Tata Motors gained over a percent on reporting a 1 percent increase in sales at 43,486 units. Its passenger vehicle sales rose 11 percent and medium & heavy commercial vehicle sales climbed 20 percent despite a 4 percent decline in commercial vehicle sales. Maruti Suzuki was up 0.8 percent as sales jumped 29 percent whereas Bajaj Auto lost 4.4 percent after a 9 percent decline in sales at 3.5 lakh units year-on-year.

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Sensex, Nifty continue to skid; Bajaj Auto tanks 4% --- 2 Nov 2015

Capital goods, metals and pharma stocks are falling sharply. Hit by weak October sales, Bajaj Auto is down 4 percent. Hindalco, Lupin, Tata Steel and L&T are major losers in the Sensex. Among the gainers are M&M, ICICI Bank, Tata Motors, Maruti and Axis Bank.

                                   

The market is sliding away as the the Sensex is down 128.95 points or 0.5 percent at 26527.88. The Nifty slips 34.85 points or 0.4 percent at 8030.95. About 820 shares have advanced, 1260 shares declined, and 86 shares are unchanged. Capital goods, metals and pharma stocks are falling sharply. Hit by weak October sales, Bajaj Auto is down 4 percent. Hindalco, Lupin, Tata Steel and L&T are major losers in the Sensex. Among the gainers are M&M, ICICI Bank, Tata Motors, Maruti and Axis Bank. Oil prices fell in as analysts expected weaker demand from China in upcoming months. The weakness came after gains made last week following a further decline in the US oil rig count which indicated that domestic crude production could drop in coming months. But in Asia, the possibility of slowing demand in China dominated trade on Monday, with growth faltering in the world's No.2 economy.

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Sensex, Nifty open flat; Sun Pharma, ITC, L&T laggards -- 2 Nov 2015

M&M, GAIL, Axis Bank, Tata Motors and Vedanta are top gainers in the Sensex. Among the losers are Sun Pharma, ITC, L&T, ONGC and Infosys.


                                     

The market has kickstarted the week on a flat note. The Sensex is up 52.53 points at 26709.36. The Nifty slips 11.55 points at 8054.25. About 347 shares have advanced, 196 shares declined, and 45 shares are unchanged. M&M, GAIL, Axis Bank, Tata Motors and Vedanta are top gainers in the Sensex. Among the losers are Sun Pharma, ITC, L&T, ONGC and Infosys. The Indian rupee slipped in the early trade. It has opened lower by 12 paise at 65.39 per dollar versus 65.27 Friday. Agam Gupta of Standard Chartered said, "USD-INR pair should trade in a range of 65.15-65.45/dollar today. There will probably be good interest from local government banks to buy dollar on dips to the lower end of the range." "Exporters will use up move in the dollar as an opportunity to sell dollar and to hedge their future dollar receivables," he added. Dollar is steady ahead of all-important non-farm payrolls due on Friday, and how that could affect the Federal Reserve's stance on interest rates. Asian stocks held on to losses early Monday, even as a private survey of China's mammoth manufacturing sector indicated factory activity fell for an eighth straight month in October, but at a slower pace. Over the weekend, China's official purchasing managers' index (PMI) came in at 49.8 for October, according to data from the National Bureau of Statistics (NBS), contracting for a third straight month.

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Sensex slips 100 points, Nifty below 8,050; Titan cracks 6% -- 2 Nov 2015

The BSE Sensex and NSE Nifty are likely to open in red on Monday tracking SGX Nifty and weak Asian markets.

At 8.36 am (IST), SGX Nifty was down 15.50 points, or 0.19 per cent, at 8,061.50.

                                     

The 30-share index was trading at 26,578, down 78 points or 0.30 per cent. It touched a high of 26,824.30 and a low of 26,565.53 in morning trade.

The Nifty50 was at 8,042, down 23 points or 0.30 per cent. It touched a high of 8,060.65 and a low of 8,038.55 in the first 30 minutes of trade.
The S&P BSE Midcap Index was down 0.32 per cent and BSE S&P Smallcap Index was trading 0.04 per cent lower.

M&M (up 2.2 per cent), Tata Motors (up 1.3 per cent), Axis Bank (u .. 

Asian stocks slid on Monday after soft Chinese factory surveys stoked global growth concerns, while the dollar edged back against the safe-haven yen as risk appetite waned. Hang Seng, Nikkei and Shanghai were down 0.41 per cent, 1.87 per cent and 0.27 per cent, respectively.

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Rupee opens at 65.39 per dollar; down 12 paise -- 2 Nov 2015

Exporters will use up move in the dollar as an opportunity to sell dollar and to hedge their future dollar receivables, 

                                        

     The Indian rupee slipped in the early trade on Monday. It has opened lower by 12 paise at 65.39 per dollar versus 65.27 Friday.USD-INR pair should trade in a range of 65.15-65.45/dollar today. There will probably be good interest from local government banks to buy dollar on dips to the lower end of the range."

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Nifty & Bank Nifty Fut Levels for today :: 2 Nov 2015

Nifty Future::
Trend:ideway
Pivot Level:8114
Support:8046/7998/7930
Resistance:8162/8230/8278

Bank Nifty Future::
Trend:idewqay
Pivot Level:17375
Support:17262/17109/16996
Resistance:17528/17641/17794
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