Friday, 9 May 2014

News on Indian Stock Market Services and Recommendation

Indian shares are likely to open slightly lower and will trade rangebound as investors are cautious ahead of the general election results due next week. 

Overseas investors sold index futures worth 3 billion rupees ($50.00 million) on Thursday. However, they bought shares worth 3.63 billion rupees in the cash segment, provisional exchange data shows. 

Ranbaxy Laboratories will be in focus as the company, which agreed to be acquired by larger rival Sun Pharmaceutical Industries last month, will report earnings on Friday for the January-March quarter.

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Thursday, 8 May 2014

Free Commodity and Stock Trading Tips on Mobile

The rally in the Indian markets which began in February has come to a still. After a lackluster month of April, in which the benchmarks hit all-time high levels, the Nifty has been consolidating with a negative bias 

Macquarie upgrades India's Lupin Ltd to "outperform" from "neutral" and raises its target price to 1,100 rupees from 985 rupees after the drug maker's January-March earnings beat consensus estimates.

Besides, 10-15 listed Indian companies including a few blue-chip names directly or indirectly linked to these banks and their Indian customers are also under a close tab for any suspected market manipulations, senior officials said.

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Wednesday, 7 May 2014

Indian Stock Market Advisory Services and Recommendations

Shares of India's CESC Ltd gain 1.2 percent to 457.80 rupees after Deutsche Bank initiates coverage with a "buy" rating and a target price of 625 rupees for the power utility and retailer.

Titan Company reported 11.6 percent increase in net profit at Rs 206.44 crore for the fourth quarter ended March 31, 2014. The company had reported net profit of Rs 184.97 crore in the corresponding quarter a year ago.

S&P BSE Sensex is down 14 points at 22,493, while NSE Nifty is down 4 points at 6,711.Some buying activity is seen in capital goods, power, oil & gas, consumer durables and FMCG sectors on BSE, while banking, metal and IT sectors are losing sheen.

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Tuesday, 6 May 2014

Live Indian Stock Market Updates on Mobile

India's BSE index is up 0.54 percent, while the broader NSE index is 0.51 percent higher, heading for a second consecutive session of gains after foreign investors bought index futures worth 860 million rupees ($14.29 million) on Monday.

The net purchases snapped a 5-day selling streak totalling 2.43 billion rupees that had raised fears of reduced foreign buying in future.

The Sensex is up 79.12 points at 22524.24, and the Nifty is up 18.40 points at 6717.75.  About 1215 shares have advanced, 1052 shares declined, and 110 shares are unchanged.

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