Nifty outlook today and all through the New Year

Live Nifty TipsBenchmark NSE Nifty50 index was down by 40.30 points at 10,596.70, while the BSE Sensex was 124 points down at 34,318 in the mid-noon hours of trade. HCPL, Coal India, Tech Mahindra, Wipro, Zee entertainment were top gainers, on the other hand, Indiabulls HF, Yes Bank, Asian Paints, Bajaj Auto, Eicher Motors are losing sheen.

Ten days of Overall Watch Nifty: The investor wealth continues to grow on NSE since the beginning of 2018. As per NSE data, more than 10% of companies listed on the NSE scaled fresh life-time highs in the first one week sessions of the New Year.

The Nifty50 surpassed the 10,600 mark for the first time ever 2018 after having logged 28% gain in the last calendar year.

More than 268 stocks from across sectors and market-caps spiked new life-time peak this year, which include Aegis Logistics, Bharat Forge, Birla Corporation, Deepak Nitrite, L&T, Raymond, Rain Industries, Dabur India, Biocon and Sterlite Technologies.

The metal stocks such as JSW Steel, Jindal Stainless, Ratnamani Metals, APL Apollo and Lloyds Steels have hit new all-time high so far this year.

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