Stock Focus: Infosys in focus ahead of Q4 result

Stock Focus: Infosys in focus ahead of Q4 result:

Indian markets maintain the positive momentum taking signals from global equities and positive macro-economic data. Global markets as well as major Asian markets and US markets are trading with a positive bias at today. Global markets as well as major Asian markets and US markets are trading with a positive bias at today. Stock in Focus: IT major Infosys limited announces its fourth quarter numbers today, 13 April 2018 later in the day.

The results, which are expected to release after market hours today, will influence the stock movements. Traders would also keep an eye out on Infosys, the first large-cap company announcing its Q4 results. Besides Infosys Limited, two other companies namely Rane Brake Lining and Bhansali Engineering Polymers will consider and approve their financial numbers for March 31, 2018, and propose dividend, if applicable. HCL Technologies Limited (HCL) and Sumeru Equity Partners have inked a definitive agreement to acquire Actian Corporation.... Read More

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Sensex, Nifty hit lifetime highs on early trade: Infosys down 1.3%

Sensex, Nifty hit lifetime highs on early trade: Infosys down 1.3%:

Sensex and Nifty started the holiday-shortened week on a positive note in the opening trade, led by gains in shares of TCS and metal and mining companies. BSE Sensex reached its peak high of 34005.37 and Nifty reached at 10,500 l in early trade. 

However, in the after hours the indices were trading lower. The broader markets were also supported by positive footing in shares of GAIL India, Vedanta Ltd, ONGC rising up 0.7 to 1.1%. Shares of Infosys’ down 1.3%, on Nifty50, while shares of Tata Consultancy Service rose 1.5% in early trade after a report said the company will renew large outsourcing contracts. 

The Indian rupee opened marginally higher at 64.03 per dollar on Tuesday against 64.05 on Friday.

Sensex above 33,700, Nifty at 10,450 mark, HDFC Bank

Sensex above 33,700, Nifty at 10,450 mark, HDFC Bank:

India's Best stock advisory.The key indices erased their opening gains and were being traded flat due to lack of directions from global markets. The BSE index Sensex was down 1.12 points at 33,776.26 and the 50-share NSE index Nifty was up 7.4 points at 10,45.60 in the later morning hours. 

Sun Pharma gained 1.76%, L&T up 1.37%, Hero MotoCorp rose 1.32%, Tata Steel up 0.74% and HDFC rose 0.7%, as the top Sensex gainers while M&M, ICICI Bank, HUL, Infosys and IndusInd Bank were the major losers. Shares of RCom gained 4 percent today after a report said that Reliance Jio Infocomm leads the race to acquire the company's assets.

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30 Oct Monday Live Sensex Nifty High, Auto,Bank Stocks lead

30 Oct Monday Live Sensex Nifty High, Auto,Bank Stocks lead:

BSE Sensex rose 137.23 points to 33,294.45, while the NSE Nifty gained 46 points to 10, 369.05 at 10.36 am on Monday.The shares of Maruti Suzuki, ONGC, Bharti Airtel rose, whereas the shares of Kotak Bank and Dr Reddy’s fell, while Indian rupee rose against the dollar. 

ONGC shares gained 2.91% to Rs. 188.90. The net profit of the company rose 3.1% to Rs. 5,131 crore in July-Sept quarter from Rs. 4,975 crore in the corresponding period last year. Aviation stocks lead gains as Jet Airways stock rose 7% and Inter Globe Aviation rose 1.7% while SpiceJet Ltd adds 2.6%. 

Banking stocks were trading higher in the morning hours. Stocks of Syndicate Bank rose 3.6%, PNB 3.4%, OBC 2.7%, Bank of India 2.7%, Indian Bank 1.9%, Allahabad Bank and Union Bank of India, Yes Bank Corporation Bank rose 1.7% each, while Central Bank of India up1.6%. 

Auto stocks rose in the morning hours such as Maruti Suzuki India Ltd up 1.2% to Rs. 8,215.20. Maruti Suzuhi’s net sales rose 21.8% to Rs. 21,428.1 crore, mainly due to better product mix.

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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19 July Live Market- Sensex Continues to trade higher, Stock advisory company

The Indian stock market continued a strong trends in morning session on Wednesday, with the Sensex gaining over 100 points, in supported by ITC, Reliance Industries, and HDFC bank. Live Market- The 30-share BSE Sensex up 141.56 points or 0.45 percent at 31852.55. and The 50-share Nifty index rising 45.15 points or 0.46 percent at 9872.30. About 1,444 shares advanced against 584 shares declining shares on the BSE. 

Among broader markets, BSE Mid-cap index gained 0.71%, whereas Small-cap was up 0.90% in the early hours of today. 

Top Gainers- Aurobindo pharma 5.26%, Idea Cellular 4.19%, Divis Lab 2.87%, Zee Entertainment 2.83%, National Aluminium 2.55%, Prestige Estate 2.42%, Cadila Healthcare 2.41%, Hindalco 2.41%, Bajaj Finserv 2.33%. 

Top Losers- Jubilant Foodworks 2.44%, UltraCements 1.72%, ACC 1.48%, Alembic Pharma 1.32%, Interglobe Aviation 1.28%, Bhart Financial 1.21%, Oil India 1.12%, Pidilite inds 1.10%, Mphasis 1.07%, Bajaj Auto 0.84%.

Sensex falls 150 pts on global cues, Nifty at 9230 levels

Indian  share markets have opened the Friday on a negative note tracking Asian cues. At 10.15 am, the BSE Sensex was trading down by 80.48 points at 29,846.86 while the NSE Nifty was trading down by 27.75 points at 9234.20. The BSE Mid Cap index and BSE Small Cap index have opened the day down by over 0.1% each. 

Reliance, Adani ports Sun Pharma, Power Grid and Tata Motors were losers on BSE Sensex while Tata Steel, Bharti Airtel, ONGC were the top gainers in the morning hours. 

Meanwhile, on Thursday, FPIs bought shares valued Rs 142.68 crore, while DIIs sold shares of Rs 205.64 crore, as per BSE data. 

Rupee on Thursday soared to a near twenty month highs of 64.52, opening at 64.61, down 9 paise from yesterday’s close. 

Oil prices rose above 2% on today after the U.S. launched dozens of cruise missiles at an airbase in Syria. Brent crude futures soared to USD 56.08 per barrel. WTI crude futures also rose by over 2%, to a high of USD 52.94 a barrel before moving back to be up 1.8% at USD 52.61.

Sensex up 175 points, Nifty holds above 8,600, Elite Investment Advisory Company

The benchmark indices on Friday on a higher note tracking global markets. At 10:15 am, the BSE Sensex was trading at 27,883.14, up 175 points, while the broader Nifty50 was ruling at 8,647.85 up 45.10 points.  The broader market, the BSE Midcap indices gained 1.04%, and BSE Smallcap was up 0.84%. 

Market was closed on Thursday to observe Republic Day.  

Meanwhile, as per provisional figures, FIIs bought shares of Rs 1,378.81 crores on Wednesday, while domestic institutional investors sold shares valued Rs 383.03 crores. About 1225 shares have advanced while 492 shares declined, and 162 shares are not affected.

Copper slips by the end of the day on 5th Jan 2017, Gold Hits Rs 28K

Indian Copper declined by more than Rs. 380.4 per kg at the end day of Thursday. The prices declined by 0.95% to end the trades just above Rs 380. Coming to the resistances for Copper in coming days, Rs. 385 and 390 looks a difficult zone to breach. 

However, sentiment has been improved by strong manufacturing data from the U.S. and China, which accounts for almost half of global copper consumption estimated at about 22 million tonnes this year. Strong data from the U.S is one cause behind the stronger dollar, which has now been witnessed by traders as a hint of economic strength. 

Meantime, MCX Gold futures closed up about 1 percent at Rs 27,946 per 10 grams after hitting a high of Rs 28000 per 10 grams. Gold rose to its highest peak in one month on Thursday, approaching USD 1180 per ounce levels since the dollar down further below a 14-year peak earlier this week. The precious metal has been rising this year after reaching lower around its 11 month low in December 2016. Dollar index has fallen near 101 levels in Asian trades today.

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