The daily evening report summarizes the Indian stock market activity for February 9, 2016. The Sensex ended down 266 points and the Nifty fell 89 points, with the Nifty Pharma index rising 58 points. Some stocks that rose included Lupin, Sun Pharma, NTPC, ONGC and Gail. Stocks that fell included PNB, Bank of Baroda, Tech Mahindra, HCL Tech and Coal India. The yield on 10-year Japanese government bonds recovered after touching zero the previous day. An Indian bank's gross and net NPAs increased in the third quarter. The report forecasts the market will open flat tomorrow but end in the green.

1. DAILY EVENING REPORT
9- FEB-2016

2. Sensex, Nifty end 1% lower; Nifty Pharma up by 58
points
Today’s Market flow
At the start of the market Nifty open 67 points down and gradually flow with the
sideways trend and made new low of the day at 11.44 pm of 7275.15 and after that nifty
made a new high of 7323.45 at 1.43 pm and close at 7298.20 with loss of 89.05 points.
OPEN CLOSE FLUCTUATION
SENSEX 24076.85 24020.98 266.44
NIFTY 7303.95 7298.20 89.05
It is the time to use investment strategies and not trading strategies and focus on
individual stocks. Sanjay Dutt, Director, Quantum SecuritiesQuantum Securities strongly
believes the best strategy in the current market conditions is to look at individual stocks,
adding that it is the time to use investment strategies and not trading strategies.
However, one has to invest for the long-term because historically equity markets have
known to generate good returns over 3-5 years, says Dutt in an interview to CNBC-TV18.
According to him the domestic fundamentals do not justify Nifty levels below 7200.
Basically, it is the global headwinds that are impacting India. There are so many moving
parts across the globe that even the central bankers across the globe cannot gauge what
is happening around the world.
Stocks that shown positive signs
Here are some stock which end up in the gaining side some of them are LUPIN, SUN
PHARMA, NTPC, ONGC AND GAIL.
Shares that shown Negative signs
There are many stock which are at the losing side in which PNB show major downfall
which is followed by BANK OF BARODA, TECH MAHINDRA, HCL TECH AND COAL INDIA

3. Today’s News
News Point-1
The yield on the 10-year Japan government bond (JGB) recovered to 0.015 percent after
touching zero on Tuesday. The fall came on the heels of a global stock market sell-off
overnight that likely spurred safe haven flows back into Japan. Bond prices move
inversely to yields.
News Point-2
Its gross non-performing assets (NPA) climbed 8.47 percent in Q3 versus 6.36 percent
while net NPA was 5.86 percent in Q3 versus 3.99 percent quarter-on-quarter.
Forecasting for Tomorrow market
Market is likely to be open flat but nifty looks positive as nifty is on the support and through the
market progress market seems to gain some points and at later stage of the market after 2 pm
market will be further looks to gain some points and end up in green as currency looks to
appreciate for the coming day. Nifty has resistance of 7325 and 7365 and will take support of
7250 and 7190.
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