08 June 2016 Market updates from Money Maker Research

market updatesThe market closed flat today, however, it has risen but failed to maintain upside levels. In today trading session SENSEX has made the upper level of 27105, while the 50 share index Nifty knock the 8289 level. At last hours of the trading session, SENSEX slipped below 27000 and Nifty came down to 8250 level. Finally, both benchmarks closed near yesterday’s closing.

Midcap and Small cap shares bought higher BSE Midcap index gained 0.5% while Smallcap index closed with the gain of 1%.

Today gainers are Tata Power, HCL Tech, Power Grid, BHEL, Bank of Baroda, L&T, ICICI Bank, Heromotocorp, and ONGC. Today Losers are Kotak Mahindra Bank, Infosys, Zee entertainment, Adani Ports Asian paints, HDFC Bank and TCS.

According to Experts on domestic levels, the market sentiments are good but there is the risk from Global cues. The global market has been trending volatile from last 4-5 months.