LIVE MARKET UPDATE

Friday 10 July 2015

Free Stock Trading Services News on Mobile

The BSE barometer Sensex was up 150 points, or 0.54 per cent, at 27,723 in morning trades. Nifty reclaimed the psychological mark of 8,350. The 50-pack index was up 42.35 points, or 0.51 per cent, at 8370.90. 

IT stocks seen lower on Tata Consultancy Services softer-than-expected dollar revenue growth in April-JuneQ1 USD revenue grew by 3.5 pct QoQ vs expectations of nearly 4 pct growth - tradersIT stocks' daily correlations with TCS over last 1 year.TCS sees investments in digital technologies driving growth.


The market has opened higher. The Sensex is up 134.12 points or 0.5 percent at 27707.78, and the Nifty is up 39.30 points or 0.5 percent at 8367.85. About 714 shares have advanced, 115 shares declined, and 64 shares are unchanged. Vedanta, BHEL, ICICI Bank, Wipro and Infosys are top gainers in the Sensex. TCS is down 1 percent, ITC, Bharti Airtel, HUL and Lupin are among laggards in the Sensex.


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Thursday 9 July 2015

Free Equity Market Trading News on Mobile

Asian markets were mixed after the overnight fall in the US stock market. The Dow Jones Industrial Average fell 1.5 per cent to settle at a five-month low in a session marked by a nearly four-hour suspension of trading on the NYSE. Tracking weak signals, most Asian shares fell over a per cent in morning trades. Though some recovery was seen as the day progressed. Nikkei was down over 0.50 per cent, Kospi fell 0.6 per cent. 


On the other hand, Hang Seng surged over 3 per cent. Shanghai Composite also added 1.3 per cent. Indian firms battling towering debts are calling for more interest rate cuts as they worry the central bank is tying monetary policy too much to consumer inflation and ignoring the longest streak of wholesale price falls on record.TCS will be announcing its first quarter results for FY16. 


Analysts expect company to post sales of Rs 25,326 crore compared to Rs 24,219 crore during the previous quarter and net profit is expected at Rs 5,421 crore compared to Rs 5,905 crore in the previous quarter.


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Wednesday 8 July 2015

Free Stock and Equity Market News on Mobile

The S&P BSE Sensex plunged as much as 292 points in trade on Wednesday tracking weakness in other Asian markets. The fall in the index was led by losses in Tata Motors, HDFC Bank, HDFC, ICICI Bank and Infosys. The 50-share Nifty index plunged over 1 per cent in trade, but was still trading above its crucial psychological level of 8400, weighed down by losses in auto, banks, capital goods, metal and realty stocks.Cairn India slipped about 4 per cent in intraday trade.


India cbank says repo bids rise to 14.49 bln rupees.Indian banks' refinancing with RBI falls to 28.31 bln rupees.India cbank says banks' cash balances rise to 3.66 trln rupees .The market recovers a bit from intial knock out. The Sensex is down 195.44 points or 0.7 percent at 27976.25, and the Nifty slips 65.25 points or 0.8 percent at 8445.55. About 514 shares have advanced, 901 shares declined, and 90 shares are unchanged.


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Tuesday 7 July 2015

Free Stock and Equity Market Trend on Mobile

The S&P BSE Sensex rose as much as 90 points in trade on Tuesday despite muted trend seen in other Asian markets. The rally in the index was led by gains in Infosys, HDFC, Tata Motors, ITC, Cipla and TCS. 


After a massive rally in late trade yesterday, the market has opened with gains on Tuesday. The Sensex is up 85.75 points or 0.3 percent at 28294.51 and the Nifty is up 28.55 points or 0.3 percent at 8550.70. About 657 shares have advanced, 107 shares declined, and 59 shares are unchanged.


The Indian benchmark indices are likely to witness a flat opening in trades today tracking subdued trading of Nifty and other Asian markets amid ongoing concerns in Greece and highly volatile stock markets in China.


India cbank says reverse repo bids fall to 33.61 bln rupees..Indian banks' refinancing with RBI unchanged at 31.76 bln rupees.India cbank says banks' cash balances fall to 3.59 trln rupees.


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