Market Snapshot for 8th Mar. 2017

Market Snapshot for 8th Mar. 2017

Market ended on a cautious note ahead of exit poll results of assembly elections which will be revealed tomorrow. State elections results, including that of Uttar Pradesh, which will have a key influence on Prime Minister Narendra Modi’s chances of clinching a second term in 2019.

Nifty  22.60 🔽 8924.30

Sensex  97.62🔽 28901.94

CNX MidCap  106.95 🔽 16362.80

Nifty51

Top Gainer : BOSCHLTD  21900 🔼 2.51%

Top Loser : IDEA 106.15🔽 2.26%

Turnover Topper by Traded Value : RELIANCE

Turnover Topper by Traded Quantity : JPASSOCIAT

Advance / Decline : 516 / 1127

New 52 Wk High : GAIL, KOTAKBANK, YESBANK

FIIs/FPI vs DIIs Figures : +3573.04 Cr vs -1735.12 Cr

Nifty Outlook :

Instead of awesome buying figures by FIIs today, market has been braced to end up in red. Market was in the mood of booking profits ahead of poll outcomes and taking pause for next run. FIIs figures are encouraging to bet on a new high in coming weeks. But, an exit poll and actual election results in next week will have a key to lead the market pro tem.