Friday, 3 July 2015

Free Stock and Equity Market Trading Tips on Mobile

The S&P BSE Sensex surged over 100 points in trade on Friday despite muted trend seen in other Asian markets. The rally in the index was led by gains in Lupin, Sun Pharma, M&M, Bajaj Auto and ONGC. 


India plans to phase in cash transfers of food and kerosene subsidies from September, saving 10-15 percent of the
$21 billion in annual outlays on the benefits by eliminating fraud, a senior finance ministry official said on
Thursday.
India services PMI to be released at 10:30 a.m. (0500 GMT).Finance Minister Arun Jaitley and Minister for Rural Development Birender Singh will release the New Socio-Economic and Caste Census (SECC) at 10.30 a.m.India foreign exchange reserves to be released at 1130 GMT.


The market has opened flat as the Sensex is up 37.59 points at 27983.39 and the Nifty is down 4.80 points at 8440.10. About 372 shares have advanced, 141 shares declined, and 75 shares are unchanged. ONGC, Lupin, HDFC, Tata Steel and BHEL are top gainers in the Sensex while Dr Reddy's, NTPC, TCS, Axis Bank and HUL are among major losers.


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Thursday, 2 July 2015

Free Investment News on Indian Stock Market

The domestic markets opened marginally higher today. The S&P Sensex was testing 28,000 level in morning trades. The NSE's barometer Nifty was testing its crucial psychological level of 8,450 level.  Hindustan Petroleum Corp rises 2.5 pct; Bharat Petroleum Corp gains 1.9 pct and Indian Oil Corp advances 2.3 pct.U.S. crude prices tumble most since April on surprise stock build.Oil retailers to outshine as business outlook gets even better.


The only thing currently in favour of the market is a huge line-up of IPOs and history suggests that market has always held on during those periods. Indigo, Infibeam, TeamLease, Catholic Syrian, Cafe Coffee Day, Matrix Cellular, RBL Bank, GVK Airport Developers are the IPOs slated to come out. Going forward the prediction on rains for July, Aug, Sep are not so encouraging and is a cause for worry and  politics is likely to derail monsoon session of the Parliament.

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Wednesday, 1 July 2015

Free Tips on Indian Stock Market on Mobile

The S&P BSE Sensex surged over 150 points in trade today.The 50-share Nifty index rose smartly in trade and managed to reclaim its next crucial psychological level of 8400. 


Hindalco, Lupin, Vedanta, L&T and Coal India are top gainers while ITC, NTPC, Hero MotoCorp, M&M and Wipro are laggards in the Sensex.
The euro traded around 1.1 to the dollar as Greece defaults on a repayment to the IMF, but short-covering and uncertainty ahead of a key referendum caps losses. Greece has defaulted on its 1.6 bn euro repayment to IMF and can't get further aid till dues are cleared. The country has asked for extension which will be considered on Wednesday. The Greece government has asked EU creditors for a new package.


Select FMCG stocks face selling pressure. The BSE FMCG index slipped 24 points; ITC, Marico, United Breweries, Jubilant Foodworks, HUL and GSK Consumer Healthcare were among the top losers.


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Tuesday, 30 June 2015

Free Trading Tips on Indian Stock Market

The S&P BSE Sensex pared gains after surging as much as 100 points in trade today.The 50-share Nifty index reclaimed its crucial psychological level of 8,350, but saw selling at higher levels. The index soon retreated and was testing 8,300-level. 

Coal India gains as much as 2.2 pct.Stock trades close to its record high of 421.50 rupees hit on June 24.Morgan Stanley raises share price target to 530 rupees from 449 rupees; maintains "overweight" rating.Says company looks much better positioned for growth with low volatility vs rivals in Asia.Adds it is now more convinced about company's volume growth and pricing power.

IT stocks also face the heat of selling pressure. The BSE IT index was down 0.4 per cent; Wipro, HCL Technologies, TCS, OFSS, Infosys, Mindtree, Just Dial and Tech Mahindra were among the losers.

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Monday, 29 June 2015

Free Indian Stock and Equity Market Tips on Mobile

Sensex has joined the global rout, falling over 500 points in trade today as Greece inched closer to its default on debt repayment. Asian markets including Shanghai Composite, Nikkei, Hang Seng and Straits Times slumped up to 3 per cent. Rupee also tumbled against dollar.

Bharat Petroleum Corp gains 1.6 pct, while Indian Oil Corp and Hindustan Petroleum Corp up 0.7 pct each.Oil prices fall after Greek imposes capital controls.Greece looked set to default on its debt repayment this week.Oil retailers saw highest earnings upgrades ahead of results season.

The market fell nearly 2 percent, dragged by panic selling on fears of Greece default. All sectoral indices are trading in the red; banks, auto & Reliance Industries are the biggest contributors to the Sensex's fall. However, BPCL bucked the trend, up 0.8 percent.

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