With benchmarks BSE Sensex and NSE Nifty50 closing on a high for a period of the second consecutive session on Wednesday. Standout Nifty with 30 stocks witnessed a rise to 224.45 points and a 0.29% boost that caused it to end at 76,724.08. During the day it managed to fluctuate between 76,991.05 and 76,479.70.

Phillip Capital Nifty also concluded with promising results with a rise at 37.15 points alongside 0.16%, ending at 23,213.20. Within the session it witnessed a high of 23,293.65 and a low of 23,146.45.

NTPC, Power Grid, Trent, Kotak Mahindra Bank and Maruti Suzuki stood out among Nifty50 stocks as they concluded at a high with a boost up to 4.01%, them alongside 27 out of 50 Nifty50 stocks closed on a high. Meanwhile Mahindra And Mahindra, Axis Bank, Bajaj Finserv, Bajaj Finance and Shriram Finance concluded on a low due to 23 stocks losses which accumulated as high as 2.90%.

Measured above by 1.37% there was a spike in India Vix up to 15.26 points which reflected increasing levels of market volatility.

The widespread business witnessed the Nifty Midcap100 and Nifty Smallcap100 experience growth at a rate of 0.41% and 0.56% respectively.

For starters, Nifty IT and Realty indices got pulled up, gaining 1.39% in comparison to Nifty Auto, FMCG, Media and Healthcare, that lost up to 1.78%. Therefore, it’s easy to see how sectoral indices displayed mixed performance.

As per – Geojit Financial Services, Dr. V K Vijayakumar, Chief Investment strategist, for example , says that it won’t be long before there is clarity on Trump’s action regarding Brexit and its potential impact on the movement of markets with us only 5 days away from him being sworn in as US president, also suggests that it is highly likely for the US bond Yields and dollar to peak.

In fact, several reports suggest that Trump intends to begin with a slight increase in tariffs while pressuring key US exporters. He shall be open to negotiations as well. If this were to happen a further surge in US bond yield and dollar would stop while dollar appreciates against Euro and Pund further. For now though FII started to sell out in order not to cause a market rally which in turn is stopping further rises.

As of now the market is witnessing price action in response to the over the counter results, and it's trending in a positive direction for those that outperformed, while it went in a negative direction for those that underperformed. So keep a lookout for any outperformance.

International Markets

On Wednesday morning, shares in the Asia Pacific region were trending upwards in a manner very much similar to Wall Street in the previous night.

The Hang Seng index of Hong Kong rose by 0.03%. The CSI300 of China fell by 0.57%. The CS1300 gives an measure of the 300 most liquid shares at the Shanghai and Shenzhen.

Japanese shares together marked a record increase with Nikkei 225 gaining 0.38% while the overall Topix index rose by 0.66%.

The Kospi Index in South Korea rose by 0.13% while the Kosdaq 0.51% fell. Local sources claim that South Korean investigators have arrested once again the impeached President at Yoon Suk yeol.

The Australian index S& P/ASX 200 rose by 0.11%.

In the US, Treasury yields fell and S&P 500 was a bit up at the close of the market on Tuesday, owing to the fact that in December, US producer prices grew by a less than expected amount. However, caution marked the investment climate owing to the US bedset going infor next earnings banner the CPI and upcoming earnings reports.

In November, index of the producer price index (PPI) for the US posted a month over month increase of 0.2% lower that the 0.3% expected uptick and the 0.4% in October.

Concerns about the US inflation have also been lingering. The PPI report did not do much to mailbox that United States will likely wait until late this year before cuts the raised interest rates, investors are still eyeing the US consumer price index.

The inflation rate for the month of December is projected to be around 0.3% while the inflation report for the whole year may increase to 2.9%. This is an upward trend compared to the 2.7% inflation recorded for November.

Q4 earning reports also play a large factor in the amount US investors are willing to save and invest, with major US banks slated to make their reports on Wednesday. Profits from trading and deal making are expected to help banks gain larger profits.

0.1% decrease was observed in S&P 500 after the closing of the session. While Nasdaq suffered a decline, Dow was able to close in the green.

An increase of 0.52% or 221.16 points in the Dow Jones Industrial Average was observed with the average standing at 42,518.28. Reaching a new point of 5,842.91 their increase stood at 0.11%, an increase of 6.69 points was also recorded for the S&P 500, with a decline of 43.71 points for the Nasdaq Composite and a new average of 19,044.39.

As for the Global Stock Index and the MSCI index, a slight increase of 0.31% or 2.62 points was recorded, while in the case of the STOXX index a decline of 0.08% was observed.