5 April Nifty down 5%, Sensex falls to hold 30,000 level, Stock Advisory Company

The benchmark indices began the trading day, Wednesday, under volatility. At 10.05 am, the BSE Sensex, was down 41.70 points or 0.14% at 29,868.52. The NSE Nifty50 index was down 4.75 points or 0.05% at 9,233.10. The Sensex failed to hold at 30000 level which it had crossed at the start of session. 

The BSE Mid-Cap index was up 0.35%. The BSE Small-Cap index advanced 0.72%. Both these indices outperformed the Sensex. 

The overall market health was strong. On the BSE, 1,202 shares rose and 473 shares declined. A total of 71 shares were unchanged. 

Cipla, RIL, NTPC, Tata Steel were the top gainers while HDFC, Dr Reddy's, ITC and Asian Paints were the biggest laggards on BSE Sensex. 

U.S share markets closed with minute gains on Wednesday, 4 April 2017, ahead of a key meeting between President Donald Trump and Chinese President Jinping on 6 & 7 April 2017.

Markets open flat, BSE shares listing at Rs 1089, Indore Stock Advisory Company

Stock markets in India, On Friday, opened on a flat note taking a gap from the two-day rally post Budget. Investors besides keep a look out for the first stock-exchange listing in the country as BSE will list on NSE.

At 10:15 am, the BSE Sensex was trading at 28,183, down 44 points, while the broader Nifty50 was ruling at 8,723, down 10 points. In the broader market, BSE Midcap and BSE Smallcap indices indicated 0. 96% and 0.15% respectively.

The rupee is trading at 67.45 to the US Dollar. Sectoral indices have opened the day on a mixed note. BSE, which newly concluded its Rs 1,243 crore IPO, will list on National Stock Exchange (NSE) today. The issue raised Rs 1243 cr, representing 28.26% of the pre-share sale capital, via OFS.

Sensex at 27235, Nifty ends below 8400, Stock Advisory Company Indore

The equity benchmark indices settled the Tuesday's trade in red tracking European markets which fell ahead of Theresa May's speech on Brexit. The BSE  Sensex closed the day at 27,235, down 52 points, while Nifty50 ended below its crucial 8400 mark, down 15 points.  

BSE Smallcap index outshined to end 0.3% higher, while BSE midcap index closed. The market breadth, indicating the overall health of the market, turned negative. On the BSE, 1342 shares rose and 1,377 shares declined. A total of 320 shares were unchanged. 

NTPC, Asain, Axis Bank, Hero MotoCorp and HUL were top gainers while Reliance, Coal India, Adani Ports, ONGC and HDFC were losers in the Sensex.

Sensex trades lower, Nifty below 8,400, Elite Investment Advisory Company

The benchmark indices opened on Monday trade lower ahead of GST meet coupled with concern over Wholesale Price index (WPI) based inflation due later in the day. 

At 10:20 am, the S&P BSE Sensex was trading at 27,255, up 40 points, while the broader Nifty 50 was ruling at 8,400, up 8 points.  In broader market, the BSE Midcap and BSE Smallcap indices noted an uptick of 0.33%, and 0.4%, respectively.

Tata Motors, HDFC Bank, Lupin and Hero MotoCorp are major contributors while Infosys. Cipla, ICICI Bank, NTPC and Asian Paints are losers in the Sensex. 

The GST Council, headed by Arun Jaitley, will meet for the ninth time today, since the last four meetings ended in a stalemate with states seeking single powers to control assessee with annual turnover of up to Rs 1.5 crore. 

Technical Buzz (New Year Special)- CENTURYTEX Future- Elite Investment Company

About company- Century Textiles and Industries Limited is engaged in the business of textiles, rayon, cement, and pulp and paper. The Company's segments include Textiles, which includes yarn, cloth and denim cloth, viscose filament yarn and tire yarn; Pulp and Paper,which includes pulp, writing and printing paper, tissue paper and multiplayer packaging board; Cement, which includes cement and clinker;Real Estate, which includes leased properties, and Others, which includes salt works, chemicals and floriculture. The Company operates through various divisions, such as Birla Century, Century Cement, Century Yarn, Maihar Cement, Century Denim, Manikgarh Cement,Cottons by Century, Century Pulp and Paper, and Century Rayon. The Company has approximately five cement plants and a grinding unit at various locations, with a total cement manufacturing capacity of over 12.8 million tons per annum. Its manufacturing units are located at Gujarat, Maharashtra, Uttarakhand and Madhya Pradesh. 

Technical outlook on CENTURYTEX - The stock is creating good selling from the level of below 795 on the daily as well as weekly chart. 

Strategy for traders: You may take a position in CENTURYTEX on the level of below 795, if you are having short term view you may sell CENTURYTEX FUTURE, so you can see the level of 780,760 with Stop-loss of 810 above on closing basis.