Friday, 11 April 2014

Indian Investors Trading in Equity Market

 As the stock markets scale new peaks almost every day in a pre-poll rally, a vast majority of Indian investors expect a further rise in equities in the current year, says a survey. "As many as 82 percent of domestic investors think the stock market will rise in 2014, with nearly half believing it will surge significantly," a Franklin Templeton global investor sentiment survey said.

Interestingly, domestic investors remain optimistic about this year despite the subdued performance of the equity market in the last five years. According to the survey, investors feel the best equity opportunities over the next 10 years will be in the Indian market with broader Asian bourses in the second place.

Thursday, 10 April 2014

Indian Shares Market Jump High Today

India's benchmark BSE index is up 0.1 percent, while the broader NSE index falls 0.14 percent after hitting a second consecutive record high.

The BSE index rose as much as 0.4 percent to its life-high of 22,702.49, while the NSE index rose 0.3 percent to a record 6,816.45.

Among gainers, stocks tied to domestic economy-banks, capital goods gain. State Bank of India is up 2.4 percent, while Bharat Heavy Electricals Ltd gains 2.8 percent.

Exporters lead the declines, with Sun Pharmaceutical Industries falling 0.8 percent after rising 7.1 percent in the previous session. Infosys falls 0.5 percent on caution ahead of March-quarter results on April 15.

Among other blue chip shares, ITC Ltd is down 0.7 percent while Tata Steel Ltd falls 1.5 percent.

Wednesday, 9 April 2014

Today Stock Market Up & Down Tips and Updates

After a mid-week holiday, the market has opened on a higher note. The Sensex is up 93.01 points at 22436.46, and the Nifty is up 29.55 points at 6724.60. About 190 shares have advanced, 67 shares declined, and 24 shares are unchanged.

Maruti is under pressure on reports that the company may recall 1 lakh units of Swfit and Dzire on account of possible fault in fuel caps.  If Maruti issues a recall, it will be third one for Dzire.

Sun Pharma rises 3 percent. Hindalco, Tata Motors, SBI and Bajaj Auto are top gainers in the Sensex. Among the losers are Maruti Suzuki and Cipla.

Monday, 7 April 2014

Indian Stock Market Live Commentary and Updates

Coal India Ltd (CIL) received a single expression of interest from MMTC for its plan to import the fuel to meet supply agreements with power plants.

The Sun Pharma management in its conference call with investors and analysts justified the valuation of the Ranbaxy deal, and said it expected Ranbaxy’s operations to become profitable ‘in short time.’ But Sun Pharma refrained from giving any specific timeline on how soon it expected the turnaround.

State-run power equipment maker Bharat Heavy Electricals (BHEL) disappointed the street with its provisional numbers for the financial year 2013-14. Net profit in the year fell 51.2 percent to Rs 3,228 crore on account of lower revenues and order inflow.