LIVE MARKET UPDATE

Friday 10 June 2016

Get Buy Sell Ideas Tips Today ; Six stocks that you can bet on June 10

There is a sharp surge in stock market supported by rally in index heavyweights. The Sensex is up 173.75 points or 0.6 percent at 26937.21, and the Nifty up 51.80 points or 0.6 percent at 8255.40. About 1419 shares have advanced, 656 shares declined, and 105 shares are unchanged. Get More Valuable Market Updates Just Visit Now - www.marketmagnify.com or just give one missed call on Missed Call at +917879-88-11-22 .

BHEL, M&M, Lupin, Adani Ports and Cipla are top gainers while Asian Paints, Tata Motors and Bhrati are losers in the Sensex. Crude prices dipped further in Asia on a stronger dollar, dampening a rally that saw the commodity hitting 11-month highs earlier in the week.

Buy Sell Ideas for Today :- 
  • Buy Jindal Steel & Power on dips for medium term. Keep a stop loss at Rs 58 for short term. 
  • Stay invested in BHEL if looking at medium to long term. Add more in small quantities at declines. 
  • Buy SAIL with a target of Rs 49 and a stop loss at Rs 43.50 
  • Buy Dhampur Sugar with a target of Rs 108 keeping a stop loss at Rs 97.80 
  • Buy Dewan Housing with a target of Rs 227 keeping a stop loss at Rs 202 
  • Sell Dr Reddy's Labs with a target of Rs 2970 and a stop loss at Rs 3150 
  • Sell Marico with a target of Rs 242 and a stop loss at Rs 255 
  • Buy Welspun Corp with a target of Rs 77 and a stop loss at Rs 60

Thursday 9 June 2016

Latest Today Stock Market Headlines for 9 June 2016

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  • Sensex falls over 150 pts, Nifty breaks 8250; IT, FMCG drag 
  • Infosys warns of 200 bps Q1 margin cut on visa, salary costs 
  • Mohandas Pai: Why TN allowing unions for IT cos is bad news 
  • Read and watch: Speech of PM Modi in US Congress 
  • GST Bill: Govt puts ball in Amit Mitra’s court 
  • GST passage, no Brexit vote to propel mkt to 8700-8800: PL 
  • India inflation likely edged up to 5.52 % in May: Poll 
  • Infosys dives 4% on cautious stance over cost hurting margins 
  • Annual report review: CLSA retains underperform rating on HUL 
  • Jefferies ups BEL target on defence patents, R&D spend, capex 
  • Combined net sales of 2,900 cos slip 1.3% in Q4: Care Ratings 
  • Extradition only way to bring Mallya back, Govt working on it 
  • After turning profitable, Pricol eyes Rs 3,000cr revenue by 2020 
  • Dholera smart city to be operational by 2019: Gujarat govt 
  • Modi, Jaitley to take call on Rajan at appropriate time: Sinha 
  • India could be ‘ideal partner’ for American businesses: PM 
  • RBI leaves repo rate unchanged at 6.5% Distress in financial system is making Yellen stay put 
  • Timely and reliable guidance from the expert himself 
  • RBI running out of ammo to fire up economy, banks.

Wednesday 8 June 2016

Stocks in Focus Today ; Current Market News

If you are reading this, chances are the Sensex and the Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. Get Best Stock Market Tips Visit Us on - www.marketmagnify.com or for current market status just give one missed call at +917879-88-11-22.

The Indian Stock market continued to be in tight range above 27000 level after pricing in RBI policy and Federal Reserve c hairperson Janet Yellen's comments in previous session. The Sensex rose 35.48 points to 27045.15 and the Nifty advanced 3.20 points to 8269.65. The broader markets marginally outperformed benchmarks, rising 0.3 percent as about 1032 shares advanced against 632 declining shares on Bombay Stock Exchange. 
Tata Motors was the most active stock on BSE after brokerages maintained overweight rating on the stock, saying Jaguar F-Pace, XF & XJ and Discovery Sport will drive further growth. Astra Microwave, SpiceJet, SBI, Ujjivan Financial, Infosys and L&T were other most active shares. Bharti Airtel rallied 2.5 percent after telecom commission stuck to a 3 percent spectrum usage charge (SUC) on future spectrum across all spectrum bands.
After a positive start despite somewhat weak global cues this morning, the Indian stock market pared some gains due to profit taking in the banking space. Buy Tata Motors. The stock is likely to see further upside in the near term. Add at declines for medium term. Buy Crompton Greaves at current levels and add more at declines for medium term.

Tuesday 7 June 2016

Live Stock Market News Closing Bell ; Market Off Day's High

Sensex, Nifty off day's high; FMCG & infra up, Infosys falls Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. Get More Market Updates www.marketmagnify.com or Just Give One Missed Call at +917879-88-11-22

The Indian stock market surged further in afternoon trade with the Sensex rising 300 points or 1.12 percent to 27076.90, driven by banks, FMCG, infra and auto stocks. The Nifty is inching towards 8300, up 92.10 points or 1.12 percent at 8293.15. The market breadth remained positive as about 1483 shares advanced against 985 declining shares on Bombay Stock Exchange. 

The BSE Midcap index gained 0.6 percent and Smallcap was up 1.1 percent. Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. State Bank of India and ICICI Bank surged 4 percent each.

Today Nifty Top Gainers are :- SBI, ICICI Bank, UltraTechCement, Hindalco and Ambuja Cements .

Monday 6 June 2016

Monday Top Stock Market News Tips Updates

Top Stocks in focus in Monday Stock Market Trade :-
The Indian market is expected to open flat on Monday tracking muted trend seen in other Asian markets. For daily share market news and trading service visit at www.marketmagnify.com or get free trials just give one missed call at +917879-88-11-22

Here is a list of Top Ten Stocks that are likely to be in focus today

Jaiprakash Associates: The diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore. The Group has on a consolidated basis failed to repay Rs 2,905.6 crore in principal amount to banks and another Rs 1,558.93 crore crore in interest payments.

Excel Crop Care Ltd: Japanese conglomerate Sumitomo Corp. has acquired 44.98% stake in Excel Crop Care Ltd BSE 1.73 % for around Rs.623.44 crore and also announced the launch of a Rs.415.80 crore open offer to acquire further 30% stake in the company.

Adani Enterprises: Indian conglomerate Adani Enterprise Ltd may walk away from its proposal to build one of the world’s biggest coal mines in Australia, citing long delays caused by legal challenges to to the project by groups concerned about the environment.

Sun Pharma: A wholly owned US subsidiary of Indian drug maker Sun Pharma BSE 0.58 % has agreed to divest two oral solid dosage manufacturing facilities to Frontida BioPharma.

Coal India: Mining behemoth Coal India BSE -1.36 % is likely to deliberate on a proposal to buy back its shares in its next board meeting. “Coal India had a meeting with the government last week and a buyback proposal is likely to be placed before the next board meeting,” company officials told PTI.

Cipla: Three years since Cipla BSE 0.99 % New Ventures announced its plans to nurture innovative business ideas, the first product of that initiative has been approved under brand name Stempeucel, a drug that could possibly turn into a blockbuster.

Biocon: Indian biotech frontrunner Biocon and its global partner for biosimilars, Mylan , have announced positive data from phase 3 clinical trials of a proposed copy of trastuzumab, a complex injection used widely to treat a type of breast cancer.