Sensex, Nifty Opens in Green; Banking Stocks leads the Trend

Sensex, Nifty Opens in Green; Banking Stocks leads the Trend: 

Stock markets in India have opened Friday on a positive note. The BSE Sensex is trading higher by 66.30 points at 33,213.44 while the NSE Nifty is trading higher by 3.30 points at 10.347.10 at 10.40 am today. Except banking stocks, all sectoral indices have opened the day positively with metal sector and consumer durables leading the pack of gainers. 

The rupee is trading at 64.79 to the US Dollar. Bank stocks have opened on a mixed note with Indusind Bank and South Indian Bank being the most active stocks in banking sector. Yes Bank reported a 25% growth in net profit for the Q2 ended Sept 2017 mainly due to a fast growth in advances and a rise in fee income. 

Cipla’s U.S. unit gets final FDA nod for generic Renvela tablets with Stock advances over 1 percent, while Sugar company stocks open strong. Dwarikesh Sugar, Dharani Sugar, Dwarikesh Sugar rises 4 percent each.

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26 Oct Stock market live, Best intraday trading tips, Investment advisory

26 Oct Stock market live, Best intraday trading tips, Investment advisory:

The BSE Sensex and NSE Nifty opened on Thursday after closing at a record high in the previous session. The Indian rupee opened higher against the USD.

At 10.55 am, the BSE Sensex traded lower by 73.29 points, to 32,969.21, while the Nifty fell 8.85 points to close at 10,286.50. Shares of SBI and PNB hit a fresh record high, rising about 7.79% to Rs 351.3 and 14.55% to Rs 231.45 respectively. Other PSU bank stocks which also rallied include Indian Bank, Bank of Baroda, Union Bank of India Canara Bank, Bank of India, OBC, IDBI Bank and Syndicate Bank.

JP Group stocks fell after the Supreme Court has extended the deadline for Jaypee Associates Ltd to deposit Rs. 2,000 crore to cover its liability towards those who bought homes in projects of its subsidiary Jaypee Infratech Ltd.

Tata Communications Ltd fell 4% to Rs. 688 after it has reported a loss of Rs. 128.55 crore against a net profit of Rs. 267.65 crore that was in the corresponding quarter last year.

HCL Infosystems Ltd fell 4% to Rs. 46.85 after the company announced its net loss for the quarter widened to Rs. 455.57 cr from Rs. 37.13 cr a year ago period.

Rupee Watch: The Indian rupee opened at 64.80/USD and was being traded at 64.74 V/s the dollar, up 0.25% from its last close of 64.90.

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Stock Watch on Wednesday, 4 October 2017: Markets Open Mixed ahead of RBI Policy Result

04 Oct Wed- Markets Open Mixed ahead of RBI Policy Result:

Indian share markets have opened the day on a mixed note prior to the RBI's policy outcome expected for later hours today. The BSE Sensex is trading up by 162 points at 31660 levels while the NSE Nifty is trading higher by 51 points at 9911 levels at the time of this writing. 

Barring I.T stocks and metal stocks, all sectoral indices have opened the day in green with stocks from PSU and O&G sector and leading the pack of gainers, while Indian rupee is trading at 65.55 to the US dollar. 

Bussing Stocks:- Nifty Pharma Index surges 1.5%. Divi’s Lab rose 3%, Sun Pharmaceuticals, Aurobindo & Dr. Reddy’s rise up 2% each. 

Stocks of Natco Pharma hits 20% upper circuit seeing that Mylan laboratories gets USFDA nod for its drug Copaxonein 20&40 mg version. 

Indian oil companies such as HPCL, BPCL, IOC stock gains on fuel cut excise duty. Stock rises upto 2 to 3.5% Stocks of Hero MotoCorp advances 1% as September total sales has grown 7%. 

Apollo Tyres Ltd approves QIP issue at floor price Rs 250.44 each and to set issue price on October 6, while its Stock down 1 percent.

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30 May Tuesday Sensex hits record high,Nifty trade range bound

The benchmark indices traded with moderate gains in early morning trade after a bit of initial volatility. At 10.30 am, the BSE Sensex was trading up 7.40 points at 31,116.68, while the Nifty-50 index was down 5.60 points at 9,599.30. Hopes of arrival of monsoon in time, aided small gains on the exchanges. 

The S&P BSE Mid-Cap index was up 0.03%, while the BSE Small-Cap index declined 0.28%, underperforming the Sensex. The markets breadth, showing the overall health of the market, were negative. 

On the BSE, there were 1,240 declines against 840 advances and a total of 103 shares were unchanged. 

Aurobindo Pharma adevancd 8 percnet to Rs. 555 after the company reported consolidated net profit of Rs. 532.45 cr, in Q4FY17, down 4.03% from Rs 554.77 cr, a year ago. Cement stocks were mixed. ACC tanked 1.04%, Ambuja Cements fell 0.42% and Shree Cement edged 0.28% lower, while Grasim Industries advanced 1.12% and UltraTech Cement rose 0.13% higher. 

Overseas, Asian stocks registered a mixed trend. U.S stock markets were shut yesterday, 29 May 2017 for the Memorial Day holiday.

31 March Friday Market Live- Nifty holds 9160, Sensex Opens Flat

Key benchmark indices were trading marginally lower in early trade on Friday amid muted global cues. investors remained cautious awaiting new GST rules which will be finalized by the Council later today. 

At 10.15 am, the barometer index, the BSE Sensex, was down 38.77 points or 0.13% at 29,608.65. The Nifty50 index was currently down 9.50 points or 0.10% at 9,164.25. 

Reliance, Tata Steel, Axis Bank and ONGC were the top gainers, whereas ICICI Bank, HDFC, HDFC Bank, and Wipro were the biggest laggards. 

Asian shares were mixed with U.S. dollar extending its overnight gains today on cues of strong US economic growth, while the euro inched up after slipping overnight on data suggesting slowing growth in Europe.

03 March Markets open in red, Nifty below 8,900, Elite Investment Advisory Services

Benchmark indices were opened in red in early trade on Friday on weak global cues. At 10:15 am, the BSE Sensex, was down 63.39 points or 0.22% at 28,776.40. The Nifty50 index was currently down 25.20 points or 0.28% at 8,874.55. In broader markets, the BSE Mid-Cap index was currently down 0.26% and the BSE Small-Cap index was currently down 0.03%. The market breadth, indicating the overall health of the market, was negative. On BSE, 695 shares fell, 567 shares rose and a total of 53 shares were unaffected.

Tata Motors, Bharti Airtel, RIL, Axis Bank, Dr Reddy's Labs, Hindalco, Bharti Infratel, Grasim and UltraTech were gainers, whereas Tata Steel, Infosys, ITC, Asian Paints, TCS, Kotak Mahindra Bank, and Bank of Baroda were under pressure. On Goods and Services Tax update, the GST Council is likely to get the power to raise the rate up to 40% for any item in future, without the need for parliamentary approval.