Showing posts with label Sensex Nifty up. Show all posts
Showing posts with label Sensex Nifty up. Show all posts

6/01/2017

Market Live- Sensex Nifty Marginally Up, Top 5 Stock Trading Tips

Live update 10:50- The Market positive trends in Morning session, the BSE Sensex trading up 52.25 points or 0.17 percent at 31,198.05. The NSE Nifty index gain 7.30 points or 0.08 percent at 9.628.55. 

Top 5 Stocks which given up to 16% return in short term- 

BUY Britannia Industries @ Current position Targets 3800 

BUY Muthoot Finance @ Current position Targets 450 Stop loss 380 

BUY Jindal Steel & Power @ Current position Targets 142 Stop loss 107 

BUY Tata Communication @ Current position Targets 800 Stop loss 690 

BUY Jamna Auto @ Current position Targets 295 Stop loss 234 

Nifty Top gainers and losers- 
Top Gainers- Auropharma 3.54%, Hindustanunilvr 2.51%, Sunpharma 2.39%, InfraTel 2.11%, Infosys 1.49%, Wipro 1.41%, Eichermot 1.34%, Tech Mahindra 1.31%, ITC 1.28%. 

Top Losers- Hindalco 2.22%, IBULHSGFIN 2.14%, IOC 1.87%, VEDL 1.76%, BPCL 1.49%, ICICI bank 1.46%, Tata Steel 1.22%, ONGC 1.10%, Reliance 1.09%.

5/30/2017

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

Sensex Nifty up
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.

5/03/2017

03 May Live Market- Sensex open marginally higher, Nifty inches at 9350 level

Sensex Nifty up
Indian share markets have opened the day marginally higher following positive Asian cues. Investors awaited the result of 2-day Fed Reserve Policy meet due later today. At 10.15 am, the BSE Sensex was trading up by 33 points, at 29,954.15 while the NSE Nifty was trading up by 16 points at 9329.75. The BSE Mid Cap-index opened up by 0.9 per cent, while BSE Small-Cap index opened up by 0.4%. 

Asian stocks were trading mixed. Uncertainty over the U.S Federal policy outcome, rupee movement and a number of corporate earnings capped the gains. 

IRB Infrastructure, Engineering company is scheduled to announce IPO of Rs 5,000 crore for its fund opening today. The IPO closes on May 5, with a price band of Rs 100 to 102 per unit. 

ICICI Bank was trading flat ahead of company’s March-quarter earnings announcement, due later in today. 

Hero Motocorp, Bharti Infratel, Dr. Reddy Lab, Bajaj Auto, L&T, ONGC, Power Grid, BPCL and IOC were early gainers, whereas Sun Pharma, ITC, Maruti, HDFC, Eicher Motors and Indiabulls Housing were losing sheen in the morning hours.

3/30/2017

Sensex, Nifty hit fresh intraday high; Rupee falls against USD

The benchmark index S&P BSE Sensex and NSE Nifty rise in the morning hours of Thursday, extending initial gains and hit fresh intraday high. At 10.45 am, the barometer index, the BSE Sensex, was up 104 points or 0.35% at 29,635.43. The Nifty 50 index was up 22.85 points or 0.25% at 9,166.65. 

The broad market depicted strength. There were more than 3 gainers versus every loser on BSE. About 1546 shares rose and 501 shares fell and a total of 123 shares were unchanged. 

Investors' sentiment got a boost after the much-awaited tax reform GST inched closer to its 1 July 2017 rollout date. India took a big bound in rolling out the GST after the Lower House of Parliament gave its approval to four supplementary Bills. 

The Indian rupee, tracking Asian currencies, falls against the US dollar. Gold fell today as the dollar strengthened. Copper price edged lower in the global commodities markets. Copper for May 2017 delivery was currently down 0.39% at USD 2.667 per pound on the COMEX.

3/29/2017

29 March Wednesday Nifty above 9,100, Sensex opens higher; Rupee highest

The benchmark indices were trading higher in early trade, Wednesday on positive global cues. At 10.15 am, the BSE Sensex, was up 56.61 points or 0.19% at 29,466.13. The Nifty-50 index was up 18.45 points or 0.20% at 9,119.25. The strong inflow from foreign institutional investors (FPI) in Indian equities yesterday, 28 March 2017, boosted investors' sentiment. The FPIs bought equities worth Rs 6,415 crore, while domestic institutional investors were net buyers to the tune of Rs 356 crore. In the broader market, the S&P BSE Midcap gained 0.3%, while the S&P BSE Smallcap added 0.4%. The market tone was positive as about 1205 shares advanced against 798 declining shares on the BSE. 

Meanwhile, rupee appreciated above 65-mark against US dollar. Dollar bounces from four-month low as Federal Reserve Vice Chairman Stanley Fischer said two more rate increases this year seem to be right. On the economic front, the government has listed the GST Bills for discussion and passage in the Lok Sabha today, 29 March 2017.

1/25/2017

STOCK MARKET TRADING WITH MODEST GAINS

The Equity benchmark indices hit fresh intraday high with modest gains in early afternoon trade. At 12:40 pm, the BSE Sensex, was up 156.57 points or 0.57% at 27,531.82, while the Nifty50 index was trading up 53 points or 0.63% at 8,528.85. Gains in Asian stocks boosted sentiment on the domestic exchanges. 

The market may remain volatile today, since traders roll over positions in the F&O segment from the near month January 2017 series to Feb 2017 series. The near month Jan 2017 derivatives contracts expire today, as stock markets remain closed tomorrow, 26 January 2017, for Republic Day.

1/05/2017

05 Jan 2017 Thursday- Tata Motors jumped after strong JLR sales in Dec

Tata Motors picks up the pace 2.9% to Rs 500.5 on BSE after the company's British luxury unit Jaguar Land Rover (JLR) reported a 30% high in retail sales in US in December 2016. JLR, on 4th 2017, announced its US retail sales for the month of December 2016. The company’s US sales marked 30% high to 12,573 units in De 2016 over Dec 2015. Land Rover sales declined 2 percent to 8,279 units in December 2016 over December 2015. 

Meanwhile, the S&P BSE Sensex was up 210 points or 0.79 percent at 26,843 at 1.15 pm, today. On the BSE, 3.03 lakh shares have been traded so far as against the average daily volumes (ADV) of 5.40 lakh shares in the past one quarter. Sun Pharma gained 2 percent after the Company declared successful Phase 3 confirmatory clinical trial results for Seciera for the treatment of dry eye disease.  

In Global outlook, Asian stocks edged higher strengthened by a firm Wall Street. Further, MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.2 percent for the eighth consecutive session of profits. China's Shanghai Composite was higher 0.1 percent while Hong Kong's Hang Seng added 1.1 percent, and Japan's Nikkei bucked the trend to lose 0.3 percent.

12/30/2016

Sensex up 235 Pts, Nifty hits 1871 levels, Elite Investment Research

Oil prices edged up in early Asian trade on Friday despite unexpected US crude inventory build. Oil prices will gradually rise towards USD 60 per barrel by the end of 2017, As per report showed on Thursday. 

Meantime, The rupee added 16 paise at 67.94 against the US dollar today as exporters and banks intensified selling of the US currency amid a firm domestic equity market. 

The Indian benchmark BSE Sensex advanced by 235 points, or 0.89%, at 26,600 at 12.30 pm, today. Nifty hit its 1871 level, up by 0.83%. Looking to Indian market scenario, it may see ranged trade amid thin volumes. Investors will be eagerly watching for any government notice as Prime Minister Narendra Modi's 50-day demonetisation deadline draws to a close today.