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Friday, 13 March 2015
Free Indian Equity Market Review on Mobile
The S&P BSE Sensex surged as much as 253 points in trade on Friday to reclaim its crucial psychological level of 29000, led by gains in HDFC, ICICI Bank, L&T and State Bank of IndiaBSE 0.59 %.
Tracking the momentum, the 50-share Nifty index surged above its crucial psychological level of 8800, supported by gain in consumer durable, banks, metal, power and realty stocks.
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Free Indian Stock Market Review on Mobile
Shares of India's Inox Leisure gain as much as 2.6 pct.A fund managed by Goldman Sachs buys 1.25 mln shares, or 1.3 pct of equity, in Inox - BSE.Norges Bank buys 1.1 mln shares in Inox - BSE.Share purchase by large institutional investors like Goldman Sachs generally creates bullish trend in respective counters - traders.
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Thursday, 12 March 2015
Today's Indian Nifty Market Review
The market has opened firm with the Sensex gaining 151 points at 28803.50. The Nifty is at 8752, up 50.75 points. About 702 shares have advanced, 136 shares declined, and 93 shares are unchanged. SBI, ICICI Bank, BHEL, Sesa Sterlite and HDFC are top gainers in the Sensex. Among the losers are Bajaj Auto, M&M, HUL, Hindalco and Bharti Airtel.
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Today's Indian Equity Market Review
The S&P BSE Sensex rallied as much as 252 points in trade on Thursday, a day after International Monetary Fund (IMF) raised its growth forecast for the current fiscal to 7.2 per cent.
However, IMF noted, a surge in global financial market volatility will be the biggest risk for India while internally inflation still remains a challenge.
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Today's Indian Stock Market Review
Shares in India's Den Networks Ltd gain 7.7 pct.The cable TV distribution company's board approved late on Wednesday an increase in the foreign investment limit to 74 pct from 49 pct. The move will allow foreign institutions to invest more in the company - traders.An arm of Goldman Sachs holds about 18 percent stake in the company - BSE.
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Wednesday, 11 March 2015
Current Free Indian Nifty Market Trading Tips
The market rebounded with marginal gains after falling in previous two sessions. The Sensex rose 38.63 points to 28748.50 and the Nifty climbed 13.95 points to 8726. About 544 shares have advanced, 158 shares declined, and 99 shares are unchanged on the Bombay Stock Exchange. Tata Motors, Larsen & Toubro, Sun Pharma, SBI, ITC, Reliance Industries, Axis Bank, Infosys, ONGC and Cipla gained 0.3-0.9 percent while TCS, M&M, Maruti Suzuki, Hero Motocorp, Coal India, NTPC and BHEL fell 0.5-0.9 percent.
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Current Free Indian Equity Market Trading Tips
The S&P BSE Sensex started on a flat note, but with a positive bias on Wednesday tracking muted trend seen in other Asian markets, supported by gains in Infosys, Tata Motors, L&T and Axis Bank.
Tracking the momentum, the 50-share Nifty index also moving in a narrow range, but above its crucial psychological level of 8700 levels, supported by gains in auto, realty, IT and consumer durable stocks.
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Current Free Indian Stock Market Trading Tips
Asian stocks fell to a two-month low on Wednesday as nervous markets recoiled on worries about an earlier U.S. interest rate hike, while such a prospect helped send the dollar to a 12-year high against the euro.
The euro fell to a fresh 12-year low early on Wednesday,extending a broad decline just days after the European Central Bank kicked off its 1 trillion euro bond-buying program.
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Tuesday, 10 March 2015
Current Indian Nifty Market Serives
Nifty had a strong resistance in the near term at 9169 and, secondly, the Nifty was stretched in the monthly time frame and the correction was around the corner.
The support for Nifty is at 8670 to 8593 levels and the resistance between 9000 and 9169 levels.
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Current Indian Equity Market Serives
The Rs 470 crore public issue of Adlabs Entertainment has opened for subscription today. The company, which runs an amusement park - Adlabs Imagica, is going to issue 203.26 lakh equity shares at a price band of Rs 221-230 apiece. The issue, which will close on March 12, consists of a fresh issue of 183.26 lakh shares and an offer for sale of 20 lakh shares by Thrill Park.
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Current Indian Stock Market Serives
A ruckus over the release from prison of a man who led one of the biggest revolts against the Indian military in Kashmir is adding to mounting problems for Prime Minister Narendra Modi as he tries to push economic reform through parliament.Indian factory growth probably lost more momentum in January while inflation remained below the central bank's target last month, bolstering chances of further interest rate cuts, a Reuters poll found.
The Reserve Bank of India will lower interest rates further over the coming year but only gradually, wary that subdued inflation may pick up again, according to economists polled by Reuters, who gave only a one-in-three chance it would act again in April.
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Monday, 9 March 2015
Today's Free Nifty Market News on Mobile
The S&P BSE Sensex slipped as much as 345 points in trade on Monday following muted trend seen in other Asian markets. The fall in the index was led by losses in TCSBSE -1.46 %, ICICI BankBSE -2.30 %, HDFC BankBSE -1.77 % and Axis BankBSE -2.47 %.
Tracking the momentum, the 50-share Nifty index also slipped below its crucial psychological level of 8850, weighed down by losses in banks, autos, capital goods and power stocks.
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Today's Free Equity Market News on Mobile
The market opened sharply lower on first day of the week with the Sensex falling 310.43 points or 1.05 percent to 29138.52 on weak global cues. Banking & financials and technology stocks pulled the market down. The Nifty shed 95.15 points or 1.06 percent to 8842.60. About 315 shares have advanced, 634 shares declined, and 113 shares are unchanged on the BSE. TCS, ICICI Bank, HDFC Bank, Axis Bank, HDFC, Infosys, Sun Pharma, L&T, SBI, ONGC, M&M and Sesa Sterlite lost 1-3 percent while Dr Reddy's Labs, Reliance Industries and Coal India gained.
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Today's Free Stock Market News on Mobile
Tata Consultancy Services (TCS) shares fell as much as 3.2 percent after India's biggest software services exporter said on Thursday that fourth-quarter revenue is expected to be in line with last year trend.
TCS reported a 1.9 percent sequential revenue growth in U.S. dollar terms for the fourth quarter of 2013-14 which would put the January-March quarter growth at below current estimates, analysts said.
"Overall, Q4 is likely to be another soft quarter from TCS, and with expectations already high, we see downside risks to earnings," Religare said in a note.
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Thursday, 5 March 2015
Latest News Tips on Indian Nifty Market
The market rebounded with marginal gains on Thursday. The Sensex rose 62.50 points to 29443.23 and the Nifty advanced 6.75 points to 8929.40. About 365 shares have advanced, 140 shares declined, and 97 shares are unchanged on the BSE. M&M, Sun Pharma, ITC, Cipla, Bajaj Auto, BHEL, Tata Motors and L&T are prominent gainers in early trade while ICICI Bank, NTPC, GAIL, Infosys, HUL and Jindal Steel are under pressure.
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Latest News Tips on Indian Equity Market
Lower lending rates hold the key to India’s recovery. RBI Governor Raghuram Rajan’s 25 bps cut in repo rate is a welcome move. We had expected this on April 7 with finance minister Arun Jaitley expectedly sticking to the path of fiscal consolidation.
While lower rates are welcome, we do not, as monetary conservatives, favour inter-meeting actions twice over unless there is a forex crisis. Looking ahead, we still expect RBI to cut 25 basis points in June. This should pull down the 10-year yield to 7% by March 2016 with net central borrowing at Rs 4,86,500 crore, marginally lower than last year’s.
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Latest News Tips on Indian Stock Market
Shares in India's Pipavav Defence and Offshore Engineering slump 10 percent.Reliance Infrastructure has agreed to buy the company at 63 rupees a share, a 17.6 pct discount to its close on Wednesday.Pipavav shares surged 90.1 pct so far this year till Wednesday.
However, shares in Reliance Infrastructure gain 2.5 pct.This acquisition certainly gives Reliance a leg-up in the naval business given significant ordering expected for submarines and warships - Edelweiss
Securities.
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Wednesday, 4 March 2015
Free Accurate Service on Indian Nifty Tips
The market has opened at record high after Reserve Bank of India, in a surprise move, cut repo rate by 25 basis points to 7.5 percent. The Sensex is up 407.43 points or 1.4 percent at 30001.16, and the Nifty is up 112.90 points or 1 percent at 9109.15. About 533 shares have advanced, 94 shares declined, and 93 shares are unchanged.
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Free Accurate Service on Indian Equity Tips
The S&P BSE Sensex rallied as much as 431 points in trade on Wednesday to hit its fresh record high above 30,000 for the first time, after the Reserve Bank of India slashed repo rate by 25 bps to 7.5 per cent from 7.75 per cent earlier.
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