Equity Nifty News Updates - Today Stock Market Crash 2016

The Indian stock market opened the week on a sluggish note with investors not too keen on building up positions, despite positive global cues. Ahead of the onset of the reporting season, the mood in the market was by and large cautious. For more Live Stock Market Calls Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Call @911-110-48-06

 

Sensex ends 35 points downThe BSE benchmark Sensex ended up 34.62 points or 0.13% at 27,201.49, after having rallied to a high of 27,288.22 intraday. The Nifty50 of the National Stock Exchange, which rose to 8361.95, closed at 8337.90, recording a gain of 1.95 points or 0.02%.

Nifty breaks 8300, Sensex falls 100 pts; Tata Motors gains 2% :-
Lupin and Tata Motors were top gainers in early trade, up 2 percent each followed by Sun Pharma, BHEL, Hero MotoCorp and Aurobindo Pharma while Tata Steel, ITC, ONGC, Bharti Airtel, ICICI Bank, Idea Cellular and Bharti Infratel were losers.

Healthcare and FMCG stocks moved up. A few stocks from banking, consumer durables, power and realty sectors closed higher. Information technology stocks traded weak, while automobile, capital goods, metal and oil stocks turned in a mixed performance. Midcap and smallcap stocks were mostly subdued.

Lupin ended stronger by 7.8%. Dr Reddy's Laboratories moved up 2.7%, Cipla gained 2% and Sun Pharmaceutical Industries closed 0.7% up. Cadila Healthcare, Piramal Enterprises and GlaxoSmithKline Pharmaceuticals also closed on a firm note.

Intraday Stock Cash Tips: Nifty below 7750

Wild swings made speculators dizzy on Dalal Street as the Nifty attempted to scale 7750. Sensex shut up 160.48 focuses at 25262.21 and Nifty wound up 28.95 focuses at 7735.50. 

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L&T, Tata Motors and Cipla were gainers while Adani Ports, Bharti Airtel, Hindalco, HUL and Bajaj Auto were failures in the Sensex.

Stock Cash Premium Tips: Sunpharma Up 3% and Nifty Open Higher

Stock market has opened with some gains on Thursday. Sensex is up 83.47 focuses at 25185.20 and Nifty up 22.90 focuses at 7729.45. Sun Pharma, Adani Ports, Hero MotoCorp, Tata Motors and Lupin are gainers while ITC, Tata Steel and Dr Reddy's Labs are washouts in the Sensex. The Indian rupee opened imperceptibly bring down by 4 paise at 66.59 for each dollar.

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SKS Microfinance reported more than two-fold bounce in standalone net benefit at Rs 84.47 crore for the last quarter finished March 2016. 

Jindal Steel and Power (JSPL) contracted its merged net loss to Rs 371 crore in January-March quarter of 2015-16, improved by higher steel deals and cost improvement measures.

Latest News Stock Market End Lower

Nifty has ended below 7850 and Sensex slipped 207.27 points

• Coal India, BHEL, Lupin, ICICI Bank and TCS were losers in the Sensex
• Bharti, HDFC, Tata Steel, Tata Motors and L&T are gainers in the Sensex.

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The Indian IT infrastructure market will increase marginally to USD 1.93 billion this year whereas by 2020, it is likely to grow to USD 2.13 billion, Gartner said today.

Gold prices recovered by Rs 50 to Rs 30,250 per 10 grams at the bullion market today, tracking a firm trend overseas amid fresh buying by jewelers.

Equity Tips: Nalco Buy Back 25% shares from Government

"Nalco has consented to purchase back 25 percent of its shares from the government," Mines Secretary Balvinder Kumar said.

As indicated by sources, the government is hoping to raise around Rs 3,250 crore by offering 25 percent of its shares to Nalco. The government was planning to sell 10 percent stake in Nalco to raise about Rs 1,300 crore yet volatile markets have crashed its plans. 

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NALCO Stock Cost: On May 03, 2016, at 09:30 hrs National Aluminum Company was citing at Rs 47.95, up Rs 1.60. The 52-week high of the share was Rs 50.90 and the 52-week low was Rs 28.00. 

The organization's trailing 12-month (TTM) EPS was at Rs 3.41 for every share according to the quarter finished December 2015. The stock's price-to-earnings (P/E) ratio was 14.06. The most recent book estimation of the organization is Rs 49.66 for every share. At current esteem, the cost to-book estimation of the organization is 0.97.

Equity Market Closed at High & April FnO Expiry Tomorrow

3:30 pm Closing: Both the benchmark lists were at 2016 closing high ahead of April Futures & Option expiry tomorrow. The Sensex wound up 56.82 points at 26064.12, and the Nifty was up 17.25 points at 7979.90. About 1274 shares have progressed, 1281 shares declined, and 193 shares are unchanged.

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FMCG, banks and oil & gas stocks lend support to the market. Adani Ports, Bharti, ONGC, GAIL and M&M were top gainers while ICICI Bank, Axis Bank, SBI, Hindalco and BHEL were losers in the Sensex.

Equity Market Closed Down

Closing Bell:

The market has ended lower. The Sensex was down 159.21 focuses at 25678.93, and the Nifty slipped 44.25 focuses at 7855.05. About 1077 shares progressed, 1533 shares declined, and 146 shares were unchanged. For more goo.gl/ynsrsR

Bharti Airtel, TCS, Adani Ports, Bajaj Auto and Infosys were top gainers while Reliance, Maruti, Hindalco, NTPC and ONGC were losers in the Sensex.