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Thursday, 26 March 2015
Wednesday, 25 March 2015
Free Indian Nifty Market Advisory Services
The market opened marginally higher on Wednesday, taking support from stocks like pharma, FMCG and banks. The Sensex rose 73.99 points to 28235.71 and the Nifty climbed 25.95 points to 8568.90. About 312 shares have advanced, 99 shares declined, and 98 shares are unchanged on the BSE. Sun Pharma and Ranbaxy Labs gained more than 1 percent as Sun said merger of Ranbaxy with company has been consummated.
Tata Motors, Dr Reddy's Labs, NTPC, BHEL, Lupin, Cairn India and Hindalco advanced more than 0.5 percent while Bharti Airtel, Wipro, GAIL, Coal India, Reliance Industries, NMDC, Jindal Steel, Power Grid Corp and Bank of Baroda declined.
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Free Indian Equity Market Advisory Services
Cairn Plc has sought compensation from the government of India for the steep fall in the value of its shares in Vedanta-controlled Cairn India, which it is not allowed to sell until it settles the controversial retrospective tax demand of $1.60 billion, orRs 10,200 crore. The British explorer retained a 10% stake in Cairn IndiaBSE 0.48 % after selling the controlling stake to Vedanta. The shares were worth about $1 billion when they were frozen by tax authorities last January.
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Free Indian Stock Market Advisory Services
Shares in generic drugmaker IPCA Laboratories slumped as much 12.7 percent, heading towards their biggest daily fall since July 2014, after the U.S. Food and Drug Administration (FDA) issued an import alert against two of its plants.
The U.S. FDA said the import alert would apply to IPCA's Pithampur and Silvassa units in a notice posted on the regulator's website on Tuesday.
U.S. regulator had in January banned imports from a central Indian manufacturing plant of IPCA, citing violations of standard production practices.
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Tuesday, 24 March 2015
Recommendation on Indian Nifty Market Advisory Services
The Sensex is up 104.22 points at 28296.24, and the Nifty up 27.75 points at 8578.65. About 960 shares have advanced, 787 shares declined, and 130 shares are unchanged on the BSE. India's GDP: The Asian Development Bank (ADB) today projected India's growth rate to surpass China and improve to 7.8 percent in next fiscal and further to 8.2 percent in 2016-17.
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Recommendation on Indian Equity Market Advisory Services
Nifty has been the worst performing index among major global indices, barring the Russian Index (RTSI), in the last one month. Lack of fresh triggers post Budget, mixed view on future rate cuts, and tight liquidity in March led traders to book profits. Also, the market is cautious before the earnings season given that the previous quarter results were below expectations and little has changed since then.
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Recommendation on Indian Stock Market Advisory Services
Shares in Tilaknagar Industries Ltd, a liquor company, jumps 17.3 pct. Company is looking at selling non-core assets - CMD Amit Dahanukar tells CNBC TV18. Would look to pare debt, which currently stands at 8 bln rupees ($128.6 million), Dahanukar adds ($1 = 62.2225 Indian rupees)
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Monday, 23 March 2015
Tips and Suggestions on Free Nifty Market
Indian markets edged higher on Monday after some buying was seen after three days of losses. Higher global markets also aided the sentiment.
The Sensex gained nearly 100 points to 28,358 while Nifty reclaimed 8600 levels.Among Nifty stocks, JSPL slumped nearly15 per cent to Rs 140 after the government cancelled bids of Jindal Steel and Power and Balco for four coal blocks amid speculation of cartelization. The government said it will take a final decision on these mines after deliberations.
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Tips and Suggestions on Free Equity Market
The market erased early gains on selling in banking and financials stocks. The Sensex fell 2.84 points to 28258.24 and the Nifty declined 7.75 points to 8563.15. About 693 shares have advanced, 988 shares declined, and 121 shares are unchanged.
FII View: Sunil Garg, JPMorgan says Nifty's inability to hold on to new highs has been accompanied by weaker momentum across daily and weekly charts, risking deeper pullbacks, with 8200 an initial target.
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Tips and Suggestions on Free Stock Market
Glenmark Pharmaceuticals falls 2.3 pct.Company says division bench of Delhi high court has restrained it from manufacturing and marketing anti-diabetes drug Zita and Zita-Met.Glenmark says it is seeking legal advice and will take appropriate action.
The court has found that Glenmark has prima facie infringed Merck patent - Macquarie.However, the investment bank adds, Glenmark would continue to outpace domestic industry growth handsomely.The two drugs contribute nearly 3 pct of Glenmark's revenues - Analysts.
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Friday, 20 March 2015
Indian Nifty Market Free Research on Mobile
The Nifty was at 8607 down 27 point or 0.32 per cent. It touched a high of 8627.90 and a low of 8589.75 in trade today.
Sun Pharma (up 2 per cent), Cipla (up 1 per cent), Tata Power (up 0.88 per cent), Dr Reddy's Laboratories (up 0.73 per cent) and Wipro (up 0.58 per cent) were among the major Sensex gainers.
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Indian Equity Market Free Research on Mobile
The market opened lower on Friday following weakness in global peers. The Sensex fell 126.80 points to 28342.87 and the Nifty declined 43.30 points to 8591.35. About 470 shares have advanced, 576 shares declined, and 107 shares are unchanged on the BSE.
Wipro, Sun Pharma, Tata Power, Coal India, Cipla, Lupin and Dr Reddy's Labs gained 0.5-1 percent. However, NTPC tanked 7 percent as the stock adjusted for debentures bonus issue. Tata Motors, HDFC, M&M, GAIL and Grasim lost 0.7-1.5 percent.
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Indian Stock Market Free Research on Mobile
Sensex edged lower on Friday on the back of subdued global cues and selling seen across the sectors. The 50-share Nifty was trading below its important psychological level of 8,600 led by selling in NTPC, ICICI Bank, HDFC, State Bank of India and ITC.
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Thursday, 19 March 2015
Investment Analysis on Indian Nifty Trading Market
Tracking the momentum, the 50-share Nifty index also rose nearly 70 points to reclaim its crucial psychological level of 8750, supported by gains in capital goods, consumer durables, banks, auto and realty stocks.
At 09:40 a.m.; the 30-share index inched closer towards its crucial psychological level of 29000, and was trading at 28934, up 312 points or 1.09 per cent. It touched a high of 28,971.91 and a low of 28,795.81 in trade today.
The Nifty was at 8775 up 89 point or 1.03 per cent. It touched a high of 8785.85 and a low of 8731.85 in trade today.
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Investment Analysis on Indian Equity Trading Market
Shares of United Spirits jumped over 2 percent intraday on Thursday. CLSA retains buy rating on the stock with a target of Rs 4100 per share. The brokerage is positive on Indian spirits and USL remains its best play in the sector. The stock is up 36 percent in the past 3 months and CLSA feels it may remain range-bound in the near-term.
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Investment Analysis on Indian Stock Trading Market
Shares in Oil India Ltd gain 2.2 pct.Kotak Securities upgrades stock to "buy" from "add".Believe stock is discounting a fairly bleak scenario of no improvement in net crude realisations after subsidy burden-Kotak.
Inexpensive valuations and good dividend yield of 5 pct will provide adequate support on downside -Kotak."We believe the valuation gap between Oil India and ONGC may narrow over the next 12 months.
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Wednesday, 18 March 2015
Free Investment Analysis on Indian Nifty Market
The market has opened on a flat note on Wednesday ahead of outcome of two-day FOMC meet that scheduled to be announced tonight. The Sensex rose 18.77 points to 28755.15 and the Nifty advanced 1.55 points to 8724.85. About 549 shares have advanced, 261 shares declined, and 96 shares are unchanged on the BSE.
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Free Investment Analysis on Indian Equity Market
The S&P BSE Sensex starts on a cautious note in trade on Wednesday ahead of the crucial outcome from the US Federal Reserve meet. The fall in the index was led by losses in ICICI Bank, Tata Motors, M&M and HDFC.
Tracking the momentum, the 50-share Nifty index also came under pressure and was trading close to its crucial psychological support level of 8700, weighed down by losses in banks, consumer durable, FMCG, oil & gas and realty stocks.
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Free Investment Analysis on Indian Stock Market
Asian stocks dipped and the dollar marked time on Wednesday, with markets fixed on the Federal Reserve's policy statement due later in the session for clues to when the Fed will hike interest rates.
The dollar stood steady in Asia on Wednesday just hours before the Federal Reserve was expected to take a major step toward lifting interest rates for the first time in almost nine years.
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Tuesday, 17 March 2015
Indian Nifty Market Financial Services and Tips
Indian equities have shown some signs of struggle recently, with the Nifty coming off a top of about 9,100 to nearly 8,650 in 15 days. The outlook for the medium term – from now till about October – looks clouded as “headwinds have been growing while tailwinds are reducing”, CNBC-TV18 consulting editor Udayan Mukherjee said in an interview.
The veteran anchor and financial journalist said that in the wake of earnings not picking up as much as earlier thought and with valuations continuing to remain slightly uncomfortable, the Nifty could stay in a 8,500-9,100 range in the medium term.
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