Showing posts with label stocks trading calls. Show all posts
Showing posts with label stocks trading calls. Show all posts

8/04/2017

04 Aug Sensex, Nifty open lower, Stock future trading tips

The BSE Sensex and NSE Nifty indices edged lower in early trade Friday in spite of mostly higher Asian stocks. At 10.10 am, the Sensex, was down 5.28 points at 32,232.60, while the Nifty50 was up 9.15 points at 10022.80. Nifty declined below the psychologically significant 10,000 mark. 

The BSE MidCap fell 0.4 percent and the Small-Cap shed 0.19%. The fall in both the indices was higher than the fall of Sensex in percentage terms. 

The breadth of market was marginally positive since about 972 shares rose against 842 falling shares on the BSE. 

Shares of Lupin, Cipla,Sun Pharma, Dr Reddy's Labs, Aurobindo Pharma, ONGC, Ambuja Cements, Bharti Airtel, among others were declined u to 2 percent.

8/02/2017

Sensex flat, Nifty turns negative after registering a high record

The key indices pared gains to turn flat after BSE Sensex and NSE Nifty crossed fresh record high before the RBI meet result due later today.  At 10.35 am, the Sensex, rose up 14.03 points or 0.04% at 32,589.20, while the Nifty50 down 7.15 points at 10,107.50. Markets expect the RBI to cut interest rates at least by 25 base point to 6 percent after inflation slumped to a record low of 1.54%. The market will be on watch whether the central bank will give indication to ease more.

Fertilizers companies’ shares were in limelight, rising up to 15 percent on BSE in intraday trade today. Nagarjuna Fertilisers, Rashtriya Chemicals & Fertilizer, Deepak Fertilizers, and Petrochemicals Corporation were increased more than 4 percent each.

 The RBI monetary policy meeting is scheduled at 2.30 PM today, 2 August 2017. The reverse repo rate under the LAF keep at 6%, and the marginal standing facility (MSF) rate and the Bank Rate at 6.5%.

5/10/2017

Sensex regains 30,000,Nifty above 9,380, Bharti Airtel flat post Q4

Nifty all time high
The key indices opened higher on Wednesday, registering decent gains in early trade tracking positive Asian stocks. At 10.15 am, the BSE Sensex was trading up by 255.81 points or 0.85% at 30,189.06. The NSE Nifty-50 index was trading up 69 points or 0.74% at 9,385.85. The Sensex reclaimed the psychological 30K-mark in early trade, with metal stocks and IT leading gains in the morning hours. The broader, BSE Mid-cap & Small-cap indices added 0.87% and 0.82%, respectively. 

Bharti Airtel trimmed all its losses to turn flat after gliding over 2 percent to Rs 337 in the early trade as the company registered a sharp 72% decline in the net profit at Rs 373.4 crore for the Q4 ending on March 2017. 

Auto stocks are buzzing on the exchanges in the morning hours, with Mahindra & Mahindra (M&M) Bajaj Auto and Maruti Suzuki leading the rally. M&M is contributing about 60% to the index gains and lifting it to higher levels, nearly 2%, on the BSE. 

M&M, Hindustan Unilever and Aurbindo Pharma were the major gainers, while UltraTech, Wipro, TCS and Cement lost the most.

4/25/2017

Sensex, Nifty rise in opening trade, RIL shares jumps over 2%

stock market image
The benchmark BSE Sensex and Nifty 50 rises in early trade, Tuesday, 25 April 2017. A win for the presidential candidate in the first round of French elections set off a relief rally worldwide.  

At 10:15 am, the BSE Sensex was trading at 29,807 up 152.11 points, while the broader Nifty50 was ruling at 9,261 up 43.45 points. In the broader market, BSE Mid-cap gained 0.81% while BSE Small-cap was up 0.65%. 

The shares of RIL and Biocon rise, while JK Tyre and Oberoi Realty fall in the morning hours. Reliance (RIL) gained nearly 2% after the company reported record annual earnings for the financial year 2016-17, riding high on refining and petrochemicals niche. 

The market is also looking out for a number companies which will report their earnings today, including Wipro Ltd,  IDFC Bank, Mahindra & Mahindra Financial,  ICICI Prudential Life Insurance, among others.