LIVE MARKET UPDATE

Friday 17 July 2015

Free Commodity Trading Tips on Mobile

The S&P BSE Sensex surged as much as 105 points in trade on Friday and was trading well above the 28,500-mark, led by gains in L&T, RILBSE 0.39 %, Sun Pharma, InfosysBSE 0.63 % and HDFC BankBSE 0.17 %. 


The Sensex and Nifty closed at their highest level since April. The Sensex surged 248 points to close at 28,446 and the Nifty advanced 84 points to shut shop at 8,608 after the government simplified rules for foreign investment in companies.


India cbank says repo bids rise to 26.62 bln rupees.Indian banks' refinancing with RBI unchanged at 27.61 bln rupees.India cbank says banks' cash balances rise to 3.66 trln rupees .


About 627 shares have advanced, 137 shares declined, and 79 shares are unchanged. Sun Pharma, Hindalco, Hero MotoCorp, L&T and Wipro are top gainers in the Sensex. Among the losers are Axis Bank, Coal India, Tata Motors, GAIL and Maruti.


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Thursday 16 July 2015

Free Tips for Stock Market on Mobile

The S&P BSE Sensex surged over 100 points in trade on Thursday, led by gains in Wipro, Axis Bank, Infosys, ITC and ICICI Bank. The 50-share Nifty index reclaimed its crucial psychological level of 8550, supported by gains in IT, auto, banks, oil & gas, realty and metal stocks. 


The market has opened in green territory. The Sensex is up 89 points or 0.3 percent at 28287.29. The Nifty is up 31.15 points or 0.4 percent at 8554.95. About 617 shares have advanced, 149 shares declined, and 71 shares are unchanged. Tata Steel, Axis Bank, ONGC, HDFC and Bajaj Auto are top gainers in the Sensex. Among the losers are HUL, BHEL, Hero, M&M and NTPC.


CLSA has maintained its buy call on HCL Technologies for target price of Rs 1,150 per share. CLSA says that engineering is emerging as a new structural growth driver and company will evolve into a higher-quality business. CLSA expects 16 per cent CAGR over FY15-18 and is the best pick in IT sector.


For more news on free stock tips,free equity tips please visit us at http://www.marketmagnify.com/freetrial.php or call at 07316619100.


Wednesday 15 July 2015

Free Trading Tips on Stock and Equity Market

The S&P BSE Sensex surged as much as 119 points in trade on Wednesday to reclaim its crucial psychological level of 28000, led by gains in L&T, RIL, Maruti Suzuki, TCS and ONGC. 


India cbank says repo bids rise to 28.62 bln rupees.Indian banks' refinancing with RBI unchanged at 24.56 bln
rupees.India cbank says banks' cash balances rise to 3.60 trln rupees.


The market has opened in green territory. The Sensex is up 54.63 points at 27987.53 and the Nifty is up 9.30 points at 8463.40. About 468 shares have advanced, 100 shares declined, and 61 shares are unchanged. ONGC, Hero MotoCorp, Lupin, Coal India and Maruti are top gainers in the Sensex. Among the losers are BHEL, HDFC twins, Hindalco and Bharti Airtel.


 Bank of America Merrill Lynch has maintained its buy call on State Bank of India for target price of Rs 375 per share. BoFAML says that the bank is well positioned to capitalize on the macro uptick and on the asset quality concerns worst seems to be behind SBI. Risk reward still seems very positive.


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Tuesday 14 July 2015

Free Stock Trading Tips on Indian Market

The S&P BSE Sensex started on a cautious note in trade on Tuesday tracking muted trend seen in other Asian markets. The fall in the index was led by losses in RIL, Sun Pharma, HDFC and Tata Motors. 


The market has opened on a flat note. The Sensex is up 26.32 points at 27987.51, and the Nifty is up 10.95 points at 8470.60. About 457 shares have advanced, 107 shares declined, and 68 shares are unchanged. Dr Reddy's Labs, L&T, Vedanta, Cipla and ICICI Bank are top gainers. HDFC Bank, BHEL, ONGC, Wipro and Lupin are among losers. In the midcap space, IIFL is up 18 percent as Fairfax India will acquire 26 percent for Rs1,621 crore.


Auto stocks were the worst hit in the morning trades. The BSE Auto index fell 0.48 per cent; Eicher Motors was the top losers from this space. The stock fell 1.76 per cent to Rs 20,797.85. Meanwhile Credit Suisse has downgraded Eicher Motors saying that the stock has become over expensive.Tata Motors, Bharat Forge, MRF, Motherson Sumi Systems, Mahindra & Mahindra and Cummins India were also among the losers.


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Monday 13 July 2015

Free Investment News on Equity Tips

The S&P BSE Sensex rallied over 100 points in trade on Monday, led by gains in Sun Pharma, HDFC, Infosys, ICICI Bank and TCS.The 50-share Nifty index also managed to reclaim its crucial psychological level of 8400, supported by gains in Pharma, IT, consumer durable and oil & gas stocks. 

IndusInd Bank is likely to report stable loan growth, net interest margin (NIM) and asset quality in April-June quarter which will be announced today. According to a CNBC-TV18 poll, the bank may report net profit at Rs 514.44 crore, up 22.19 percent compared to Rs 421 crore in corresponding quarter last fiscal.India cbank says repo bids rise to 48.07 bln rupees.Indian banks' refinancing with RBI falls to 26.11 bln rupees.India cbank says banks' cash balances fall to 3.54 trln rupees.


The broader markets were witnessing buying interest. The BSE mid-cap and small-cap indices jumped 0.5 per cent each. Essar Oil was the top gainer from the mid-cap space. It was followed by Tata Communications, MRPL, Torrent Pharma, Shriram Transport Finance and Godrej Properties.


For more news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.