Negative market breadth even as global markets rise

Script	S1	S2	Pivot	R1	R2
Nifty	8776	8756	8795	8834	8854
Banknifty	20179	20126	20226	20325	20378

An turn of unpredictability was seen in morning exchange as key benchmark indices staged a recuperation from down level and traded end to the flat line in later expanding starting falls and striking new intraday low. At 10:20 IST, the gauge index, the S&P BSE Sensex, was fall 10.67 points or 0.04 Percent at 28,340.95. The Nifty 50 index was as of now fall 4.75 points or 0.05 Percent at 8,800.30. falls activated because of fall Asian signals were topped by local data demonstrating consumer value expansion easing in January.

Among secondary indicators, the BSE Mid-Cap index was right now fall 0.38 Percent. The BSE Small-Cap record was right now fall 0.13 Percent. The decrease in both these records was lower than the Sensex's fall in rate terms. The market width showing the general upbeat of the market was downside. On BSE, 1,155 stocks dropped and 940 stocks increased. A entire of 94 stocks were unmoved.

MMTC hopped 5.79 Percent after net earnings rushed 274.2 Percent to Rs 74.43 crore on 37.8 Percent  growth in net deals to Rs 4939.65 crore in third quarter(Q3) Dec. 2016 over third quarter Dec. 2015. The result was declared later exchange hours yesterday, 13 Feb. 2017.

HPCL's net earnings increased 52.7 Percent to Rs 1590.31 crore on 12.9 Percent growth in net deals to Rs 48485.57 crore in third quarter(Q3) Dec. 2016 over third quarter Dec. 2015. The result was reported later exchange hours yesterday, 13 Feb. 2017. In view of the approval got from Government of India, HPCL accounted budgetary support of Rs 263.88 crore in third quarter Dec. 2016 contrasted and Rs 441.32 crore in Q3 December 2015 towards under recovery sale of PDS SKO (Kerosene). The government decontrolled petrol and diesel costs. In any case, public sector oil marketing companies (PSU OMCs) sell liquified petroleum gas (LPG) and kerosene oil at controlled costs.

Petronet LNG's net earnings rushed 132.5 Percent to Rs 397.47 crore on 23.9 Percent growth in net deals to Rs 5976.58 crore in third quarter Dec. 2016 over third quarter Dec.2015. The result was declared post-retail hours yesterday, 13 Feb. 2017.

GMR Infrastructure noted net fall of Rs 381.93 crore in third quarter Dec. 2016 contrasted and net earnings of Rs 40.01 crore in third quarter Dec. 2015. Entire income dropped 24.35 Percent to Rs 225.97 crore in third quarter(Q3) Dec. 2016 over third quarter(Q3) Dec. 2015. The result was declared later exchange hours yesterday, 13 Feb. 2017.

On the macro front, the all-India general consumer price index (CPI) inflation dunked to 3.17 Percent in Jan. 2017 contrasted and 3.41 Percent in Dec. 2016. The CPI inflation in Jan. 2017 has touched a most reduced level for CPI inflation information with base 2012 available since Jan. 2014. The data was reported later exchange hours yesterday, 13 Feb. 2017.

The government would declare month to month expansion data based on wholesale price index (WPI) for Jan. 2016 today, 14 Feb. 2017. The WPI based expansion increased 3.4 Percent in Dec. 2016 from 3.2 Percent in Nov. 2016, while snapping decrease for past 3 straight months.

Abroad, most Asian stocks dropped in the midst of alert in front of US Federal Reserve Chairwoman Janet Yellen's up and coming congressional declaration. On macro front, China's producer price expansion grabbed more than anticipated in January to close to 6-year highs. China consumer inflation additionally climbed more than anticipated, nearing a 3-year high as fuel and food costs bounced, data demonstrated today, 14 Feb. 2017.

US shares completed at records for a 3th session in row yesterday, 13 Feb. 2017, drove by increases in the financials and industrials divisions. Stronger-than-expected earnings notes from organizations, continued with improvement in the US economy and desires for business-accommodating policies from Washington have pushed the market.