09 March Elite Investment Advisory Services, stock market trading tips

Benchmark indices opened marginally weak in early trade tracking volatility on the domestic front and weakness in Asian stocks. At 10.15 am, the barometer index, the BSE Sensex, was down 16.71 points or 0.06% at 28,855.23. The Nifty50 index was down 8 points or 0.09% at 8,916.30. Healthcare & FMCG and stocks plunged in early trade. Investors step ahead of exit polls data for assembly elections in five states to be released later in the day and the poll results will be declared on Saturday, 11 March, 2017. 

The broader market was trading flat with BSE Midcap & BSE Smallcap fell 0.1% and 0.03% respectively. About 1,011 shares have advanced while 877 shares declined and there were no changes in 91 shares.  

In the meantime, Oil prices went down 5% to their lowest levels this year yesterday as US crude inventories surged beyond expectations.

Nifty hits 8400, Thursday 12 Jan Stock Investment Tips, Option Calls Today

The benchmark indices extended gains for the third consecutive session amid positive global cues, coupled with healthy third quarter results pushed the Indian equities markets higher on Thursday. 

The Nifty50 index jumped above its crucial 8,400 level for the first time since November second week while the BSE Sensex was also trading up about 74 points higher. 

At 10:20 am, the Sensex was trading at 27,214, up 73.4 points, while the broader Nifty50 was ruling at 8,395, up 14 points. The higher global crude oil prices and expectation of sops to be announced during the Union Budget improved investors’ risk-taking appetite. 

Meantime, Finance Minister Arun Jaitley on Wednesday reiterated that the Centre is still aiming to roll out the GST regime from April 1 if all pending issues are sorted out.