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Showing posts with label free equity tips. Show all posts
Showing posts with label free equity tips. Show all posts
Friday, 5 February 2016
Free Stock Tips Suggestions on Mobile
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The market has opened flat on Friday. The Sensex is up 36.26 points or 0.1 percent at 24374.69 and the Nifty is up 14.25 points or 0.2 percent at 7418.25. About 283 shares have advanced, 136 shares declined, and 36 shares are unchanged. Tata Steel, ONGC, Wipro, Coal India and NTPC are top losers while Tata Motors, Cipla, Sun Pharma, ITC and Axis Bank are top gainers in the Sensex.
Indian markets are set to open on a flat note tracking mixed cues and flat trading of Nifty futures on the Singapore Stock Exchange.The Nifty futures traded on the Singapore Stock Exchange, also known as the SGX Nifty was down 0.05 per cent or 4 points at 7,441.
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The S&P BSE Sensex started flat but was trading with a positive bias in morning trade on Friday, led by gains in ICICI Bank, ITC, Sun Pharma, and HDFC.The Nifty50 was trading above its crucial support level of 7400, supported by gains in banks, consumer durable, auto, capital goods, and FMCG stocks.
The BSE Sensex rose on Thursday, snapping a three-session losing streak, in line with global markets as speculation U.S. interest rates may not rise at all this year left the dollar nursing hefty losses and oil held most of the previous day's big gains.The broader Nifty ended 0.57 percent higher, while the benchmark Sensex gained 0.48 percent.
Thursday, 4 February 2016
Free Stock Market Updates on Mobile
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The market rebounded in early trade Thursday after losing nearly 700 points on the Sensex in previous three consecutive sessions. The Sensex rose 165.59 points to 24388.91 and the Nifty climbed 49.65 points to 7411.45. ONGC, SBI, Tata Motors, Bharti Airtel, Axis Bank, Bank of Baroda and Idea Cellular were early gainers, up 1.5-3 percent.
Sensex and Nifty are set to open higher tracking firm global cues and positive trading of Nifty futures on the Singapore Stock Exchange.The Nifty futures traded on the Singapore Stock Exchange, also known as the SGX Nifty was up 0.87 per cent or 54 points at 7,433.
Tuesday, 2 February 2016
Tube Investments of India declares interim dividend
Tube Investments of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 02, 2016, have approved the payment of an Interim Dividend at Rs. 1.50 (One Rupee and Fifty paise) per equity share of the face value of Rs. 2/- each of the Company for the year ending March 31, 2016.
Tube Investments of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 02, 2016, inter alia, have approved the following:- Payment of an Interim Dividend at Rs. 1.50 (One Rupee and Fifty paise) per equity share of the face value of Rs. 2/- each of the Company for the year ending March 31, 2016.The Interim Dividend will be paid on February 23, 2016.Source.
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The market has opened flat ahead of Reserve Bank of India's monetary policy review. The Sensex is up 42.63 points or 0.2 percent at 24867.46, and the Nifty is up 6.40 points or 0.08 percent at 7562.35. About 452 shares have advanced, 253 shares declined, and 32 shares are unchanged. ONGC, GAIL, HDFC, Bajaj Auto and ITC are major losers while Adani Ports, Sun Pharma, Tata Motors, Dr Reddy's Labs and Maruti are gainers in early trade.
Asian shares wobbled on Tuesday as crude oil prices slid on rekindled oversupply fears and after downbeat manufacturing data raised concerns about global momentum.Stocks had been lower earlier in the day as weak Chinese economic data added to concerns about a global slowdown and oil prices resumed their slide.
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The S&P BSE Sensex started flat in morning trade on Tuesday ahead of RBI policy review, led by gains in Infosys, Tata Motors, Sun Pharma, L&T, and HDFC Bank.The Nifty50 was trading above its crucial psychological level of 7550, supported by gains in consumer durable, capital goods, auto, and realty stocks.
Traders said investors also drew comfort from the Bank of Japan's unexpected stimulus measures, which had sent Asian shares including in India rallying.But broader gains were capped ahead of the Reserve Bank of India's policy review on Tuesday. Most analysts expect the central bank to leave its key interest rate on hold.
Monday, 1 February 2016
Sensex, Nifty consolidate ahead of RBI policy; SBI declines 3%
SBI tanked more than 3 percent. Morgan Stanley is worried about State Bank of India's bad loan and has reduced target price to Rs 115 per share, implying 36 percent downside. It has also cut earnings per share (EPS) by 28-35 percent. The Sensex declined 35.87 points to 24834.82 and the Nifty fell 7 points to 7556.55. About 1407 shares have advanced, 1236 shares declined, and 152 shares are unchanged on the BSE.
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Manufacturing sector returns to growth at start of 2016: PMI
Indian manufacturing sector growth rose to a four-month high in January driven by rising inflows of new business orders from domestic as well as export clients, says a Nikkei survey. Following the contraction in December in the wake of Chennai floods, January saw the Indian manufacturing sector rebound into expansion territory, as production and new orders recovered, the report said. The Nikkei India Manufacturing PMI, a composite monthly indicator of manufacturing performance, stood at 51.1 in January, up from 49.1 in December. A figure above 50 represents expansion while a reading below this level means contraction.
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Indian Equity Market Trending News
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The market has opened on a flat note. The Sensex is up 38.58 points at 24909.27, and the Nifty is up 24.90 points or 0.3 percent at 7588.45. About 506 shares have advanced, 105 shares declined, and 31 shares are unchanged. L&T, Lupin, BHEL, SBI and Axis Bank are top gainers while Hero, ICICI Bank, ITC, NTPC and Dr Reddy's Labs are losers in the Sensex.
DHFL, Petronet LNG, Jain Irrigation Systems, IDBI Bank, SKS Microfinance, Voltas, Godrej Industries, IFCI and Jindal Steel were among the top gainers from the Nifty Mid-Cap 50 basket of stocks, up 1-3.2 per cent each.
Indian Stock Market Trending News
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The S&P BSE Sensex pared gains and turned negative after reclaiming its crucial psychological level of 25,000 in morning trade on Monday, led by gains in L&T, Sun Pharma, HDFC Bank, Lupin, and Bharti Airtel.The Nifty50 came under some selling pressure after hitting an intraday high of 7,592.32, weighed down by losses in oil & gas, metal, auto, and consumer durable stocks. The index was still trading above its crucial support level of 7,550.
Indian stocks rose nearly 2 percent on Friday, posting their first weekly gain in four, as a rebound in commodity prices and Bank of Japan's bold move to adopt negative interest rates ended a tough month for markets with a flourish.
Friday, 29 January 2016
Volume growth aided rise in toll income in Q3: IRB Infra
IRB Infrastructure surpassed analysts’ expectations with profit growing by 27.9 percent to Rs 169.6 crore year-on-year on back of strong revenue growth. Revenue rose 38.3 percent to Rs 1,333 crore in the quarter ended December 2015. For this quarter the construction turnover has been at around Rs 808 crore and the revenue from the tolling has come in at around Rs 524 crore which is a healthy growth of almost 10 percent on the tolling side.
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Bank of Japan adopts negative interest rate policy
In a move that was signaled by the Nikkei business daily minutes ahead of the decision, the BOJ said it will apply a rate of negative 0.1 percent to excess reserves that financial institutional place at the bank and introduce a three-tier system on rates.
The Bank of Japan ramped up its aggressive stimulus campaign on Friday, adding negative interest rates on central bank deposits to its massive asset-buying program, stunning financial markets that expected no action or a moderate increase in asset purchases.
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Free Equity Market Analysis and Impact
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The market has opened volatile on first day of February series but immediately gained strength. The Sensex rose 122.59 points to 24592.16 and the Nifty climbed 45.50 points to 7470.15. ONGC, ITC, Coal India, HDFC, Bharti Airtel, Vedanta, Cairn India and Kotak Mahindra Bank rallied 1.8-4 percent while ICICI Bank tanked 5 percent. Maruti Suzuki, Axis Bank, Tata Motors and Dr Reddy's Labs lost ground.
Asian shares got off to a tentative start on Friday after oil cobbled together a third session of gains and markets wagered U.S. interest rates would not be rising much this year, if at all.
Speculation is also rife the Bank of Japan will have to add yet more stimulus, though many doubt it will come at Friday's first policy meeting of the year.
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The S&P BSE Sensex surged over 100 points in trade on Friday, led by gains in ITC, HDFC, Sun Pharma, HDFC Bank, Infosys, and TCS. The Nifty50 managed to surge past its crucial psychological level of 7450, supported by gains in oil & gas, metal, consumer durable, and IT stocks. Shares of ICICI Bank tumbled over 5 per cent as the private lender reported increase in its asset quality issues. Maruti Suzuki, too, saw its shares dip about 3 per cent after Q3 numbers.
India's stock markets ended slightly lower on Thursday after short-covering tied to the expiry of derivatives lifted some shares, while broader gains were capped after the U.S. Federal Reserve kept open the prospect of more rate hikes this year.
Thursday, 28 January 2016
Govt may re-impose customs duty on crude oil imports
With international oil prices slumping to 12-year low, the government may look at reimposing 5 percent customs duty on crude oil imports to shore up revenue by close to Rs 18,000 crore. The government had cut customs duty on crude oil imports to zero from 5 percent in June 2011 when rates zoomed to over USD 100 per barrel. But with oil prices hovering at USD 30 a barrel now, the duty may be back, official sources said.
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HCC Q3 profit falls 28% on provision for forseeable loss
In current financial year, HCC said it won orders worth Rs 3,707 crore and is also the lowest bidder in projects worth Rs 5,978 crore where contracts are yet to be signed.
Hindustan Construction Company 's (HCC) third quarter profit slipped 28.4 percent year-on-year to Rs 19.4 crore, hit by provision of Rs 45.50 crore for forseeable loss. It was also hit by lower revenue but operational performance supported bottomline.
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The market has opened marginally lower ahead of expiry of January derivative contracts. The 30-share BSE Sensex fell 5.68 points to 24486.71 and the 50-share NSE Nifty declined 3.45 points to 7434.30. ICICI Bank, GAIL, Lupin, Adani Ports, NTPC, Power Grid Corporation, Cairn India and Vedanta were early gainers while losers were HDFC, Bharti Airtel, Maruti Suzuki, L&T, Sun Pharma, Asian Paints, Coal India and NTPC.
A bounce in oil prices offered some salve to strained nerves. While Brent crude was off 23 cents at $32.87 a barrel, this followed a 4 per cent jump on Wednesday after Russia hinted at co-operation with OPEC on oversupply.
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The S&P BSE Sensex starts on a cautious note in morning trade on Thursday but with a positive bias, led by gains in ITC, ICIC Bank, RIL, Infosys, and HDFC Bank.The Nifty50 was trading comfortably above its crucial support level of 7400, supported by gains in power, auto, IT and realty stocks.
Indian stocks ended flat in a volatile session on Wednesday as investors avoided risky bets ahead of the expiry of January derivatives contracts on Thursday and a U.S. Federal Reserve policy statement due later in the day.
Wednesday, 27 January 2016
Bharat Electronics Q3 Profit Up 9%, Revenue Misses Estimates
State-owned aerospace and defence company Bharat Electronics reported mixed set of earnings in third quarter of FY16. Profit matched analysts' estimates, rising 8.8 percent year-on-year to Rs 296 crore during the quarter supported by other income, but revenue missed expectations. Total income from operations declined 5.7 percent to Rs 1,517.2 crore in Q3 compared to Rs 1,608.2 crore in corresponding quarter of last fiscal, the company said in its filing, adding other income grew by 19.4 percent to Rs 135.5 crore from Rs 113.5 crore in same period.
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