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Share Market Closing Note

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Benchmark indices ended higher in the volatile session on March 9 mainly supported by the banking and financial names.

At close, the Sensex was up 584.41 points or 1.16% at 51,025.48, and the Nifty was up 142.20 points or 0.95% at 15,098.40. About 1254 shares have advanced, 1693 shares declined, and 190 shares are unchanged.

SBI Life Insurance, Kotak Mahindra Bank, ICICI Bank, HDFC Bank and HDFC were among major gainers on the Nifty, while losers were BPCL, 

Tata Steel, GAIL, IOC and Power Grid Corp.

Except Nifty Bank and IT, all other sectoral indices ended lower. BSE Midcap and Smallcap indices also ended in the red.

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Topic :- Time:2.00 PM

Nifty has turned volatile now. Nifty spot if manages to trade and sustain abo 15020 level then expect some further upmove in it and if it breaks and trade below 14980 level then some decline can be seen in the market.

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Topic :- Time:1.50 PM

Just In:

Easy Trip Planners IPO day 2: Issue subscribed 4.10 times on retail support.

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Topic :- Time:1.30 PM

GOLD Trading View:

GOLD is trading at 44415.If it manages to trade and sustain above 44450 level then expect some up move and if it breaks and trade below 44380 level then some decline can be seen in GOLD.

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Topic :- Time:1.00 PM

Nifty is cracking down. Nifty spot if breaks and trade below 14950 level then expect some further decline in the market and if it manages to trade and sustain above 14980 level then expect some upmove in the market.

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Topic :- Time:1.00 PM

Nifty is declining. Nifty spot if breaks and trade below 15000 level then expect some further decline in the market and if it manages to trade and sustain above 15020 level then some pull back is expected in the Nifty.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 681.30.If it breaks and trade below 680 level then expect some further decline in it and if it manages to trade and sustain above 682.50 level then some upmove can follow in it.

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Topic :- Time:12.00 PM

Nifty is falling from higher levels however all lows should be used as an opportunity to long. Nifty spot if breaks and trade below 15040 level then expect some further decline in the market and above 15080 level more upmove is expected in the market.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex holds gains, up 350 pts; financials outperform

2. BPCL tanks 6% after BPCL Trust offloads up to 7% stake in firm

3. India ready to appeal Cairns $1.2 billion arbitration award this week

4. JMC Projects surges 13% on winning project worth Rs 1,000 crore in Maldives

5. SBI Life hits 52-week high on strong new business premium growth in Feb

6. Non-life insurance gross premiums up 14% to Rs 15,800 cr in Feb

7. Jet Airways cannot claim historical right on airport slots: Govt to NCLT

8. Indias horticulture production set for 1.8% growth in in 2020-21

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Topic :- Time:11.00 AM

After positive opening nifty is still trading in green zone. Nifty spot if manages to trade and sustain above 15080 level then expect some upmove and if it breaks and trade below 15040 level then some decline can follow in the market.

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Topic :- Stocks under F&O ban on NSE

1. Bank of Baroda

2. BHEL

3. Punjab National Bank

4. SAIL

5. Sun TV Network 

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