Brexit day ; Today Indian Stock Market Closing Bell

Today Nifty ends tad below 2016-closing high ahead of Brexit votes Tata Motors, Dr Reddy's Labs, SBI, HDFC Bank and Axis Bank were top gainers while NTPC, Cipla, TCS, Asian Paints and ONGC were losers in the Sensex. 

MarketMagnify always stay ahead in bringing current affairs from all the valley of National interest, Business, Finance, Stock Market and International happenings. We take you to the depth of every matter by providing every small detail and makes you familiar with all the happening around you. For more Visit Us www.marketmanify.com or Get Free Trials Just Give One Missed Call @78-79-88-11-22 

Today The Nifty ended tad below 2016 closing ahead of Brexit vote. The 50-share index is up 66.75 points or 0.8 percent at 8270.45. The Sensex was up 236.57 points or 0.9 percent at 27002.22. About 1093 shares have advanced, 1498 shares declined, and 183 shares are unchanged. 

Tata Motors, Dr Reddy's Labs, SBI, HDFC Bank and Axis Bank were top gainers while NTPC, Cipla, TCS, Asian Paints and ONGC were losers in the Sensex. Tata Motors, Tata Steel, Bharat Forge, Hindalco, Infosys, TCS and Tech Mahindra are the stocks that will get impacted by outcome of Britain's referendum. 

According to reports, Indian IT companies get anywhere from 6-18 percent of their revenues from the UK. The UK has traditionally been the gateway for Indian IT firms to enter Europe and they have set up a large presence in the UK to serve the EU markets from their headquarters in London. The United Kingdom is voting today on whether to remain in or leave the 28-nation European Union. 

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

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 .

Budget 2016: Tax easing to bring cheers to FMCG sector

The fast moving consumer goods (FMCG) sector, one of the prominent contributors to India's Gross Domestic Product (GDP) annually, has been witnessing challenging times in the current fiscal year on account of several factors including weak monsoons, declining commodity prices, intense price competition, etc. The government has taken certain steps to encourage investment by relaxing license rules and easing conditions of foreign investment regulations in the space. 

News on free stock market tips,free equity market tips 

visit at-www.marketmagnify.com/freetrial.php

call at -07316619100

Free Stock Market Updates on Mobile

For news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

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.

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. 

News on free stock market tips,free equity market tips 

visit at-www.marketmagnify.com/freetrial.php

call at -07316619100

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.

For more news on free stock market tips,free equity market tips 

visit at-www.marketmagnify.com/freetrial.php

call at -07316619100

Indian Equity Market Trending News

News on free stock market tips,free equity tips on mobile

visit at-www.marketmagnify.com/freetrial.php

call at -07316619100

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

News on free stock market tips,free equity market tips 

visit at-www.marketmagnify.com/freetrial.php

call at -07316619100

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.

Free Equity Market Analysis and Impact

For news on free equity tips on mobile,free stock tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

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.

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. 

For more news on free stock tips,free equity tips please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

Free Investment Tips on Stock Trading

For news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

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.

Free Investment Tips on Equity Trading

For news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

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.

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.

For more news on free stock tips,free equity tips please visit us atwww.marketmagnify.com/freetrial.php or call at 07316619100.

Today's News on Equity Market Change

For news on free equity tips on mobile,free stock tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

The market has opened higher on Monday. The Sensex is up 157.91 points or 0.6 percent at 24593.57 and the Nifty is up 46.10 points or 0.6 percent at 7468.55. About 870 shares have advanced, 130 shares declined, and 35 shares are unchanged. SBI, M&M, ICICI Bank, ONGC and Tata Steel are top gainers while Bharti Airtel, Wipro, ITC and HUL are losers in the Sensex.

Meanwhile, buying was visible across the board.  Banking, metal, auto, capital goods and healthcare indices advanced over 1 per cent each in the opening deal.

Sensex, Nifty, Midcap Up Nearly 2%; Aviation Stocks Most Active

The Sensex rallied 439.07 points or 1.83 percent to 24401.28 and the Nifty jumped 137.80 points or 1.89 percent to  7414.60. About 1952 shares have advanced, 500 shares declined, and 136 shares are unchanged on the BSE.The market rallied further in noon trade on further short covering in most beaten down stocks like banks, auto, oil and infra stocks. Asian markets extended uptrend with the Nikkei rising nearly 6 percent followed by Shanghai (up 1.2 percent) and Hang Seng (up 2.6 percent).

For more news on share market please visit us at 

www.marketmagnify.com/freetrial.php

or call at 07316619100.

Bottom difficult to call; mkt at attractive level: Alchemy Cap

Indian market is trading at an attractive level for long-term investors, is the word coming in from Hiren Ved of Alchemy Capital Management. Further, he feels it will take a while for the market to bottom out. Going against the tide and the capitulating fall seen in the markets on Wednesday, he told HNIs to add to their investments and while a bottom may be difficult to call, 12- months down the line, investors will be glad they bought at these levels.

For more news on share market please visit us at 

www.marketmagnify.com/freetrial.php

or call at 07316619100

Today's Market Trend and Analysis on Equity

 For updated news on free stock tips,free equity tips please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

The BSE equity benchmark indices climbed over 1 per cent in early trade on Thursday amid positive cues from global markets.The BSE Sensex was trading 217 points, or 0.91 per cent, higher at 24,279.99. The Nifty50, on the other hand, rose 66 points, 0.91 per cent and was trading at 7,375.90. 

Indian stocks ended at a fresh 20-month low on Wednesday dropping to their weakest since before the election of Prime Minister Narendra Modi on increasing concerns the country will be hit hard by the growing turmoil in global markets.
The broader NSE index ended 1.69 percent lower, its lowest close since May 30, 2014.

Free Trading Tips on Equity Market

For updates on free equity tips on mobile,free stock tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

The market breadth was strong as about four shares advanced for every share declining on the Bombay Stock Exchange. The BSE Midcap gained 0.5 percent and Smallcap rose 0.7 percent. Infosys, Dr Reddy's Labs, Tata Steel, Maruti Suzuki, Hindalco, Vedanta and Idea Cellular gained 1-2 percent while ONGC, Tata Motors, Larsen & Toubro, ITC, HDFC Bank, HCL Technologies and Kotak Mahindra Bank were losers in early trade. The Indian rupee slipped in the early trade today. It opened lower by 6 paise at 67.35 per dollar versus 67.29 Thursday. 

Infosys cheered investors with a forecast-beating quarterly profit and a stronger sales growth outlook, as India's second-largest software services exporter regains market share from rivals by sharpening its focus on high-margin services.

Free Equity Tips Services and Market Strategy

For market updates on free equity tips on mobile,free stock tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

The market has opened sharply lower following global turmoil after crude fell below USD 30 a barrel. The 30-share BSE Sensex lost 266.93 points or 1.07 percent to 24587.18 and the 50-share NSE Nifty declined 85.90 points or 1.14 percent to 7476.50. The market breadth was pathetic as about nine shares declined for every share advancing on the Bombay Stock Exchange. Tata Steel plunged 4.57 percent after S&P downgraded the stock to 'BB-', a low investment grade rating, over persistent subdued operating performance amid subdued demand and low steel prices. Axis Bank, SBI, Tata Motors, BHEL, Bank of Baroda and PNB were down 2.5-3 percent. However, ITC gained. 

Infosys results come as a relief for investors concerned about the tepid growth in the IT sector. Earlier this week, TCS - India's biggest outsourcer -- had disappointed the Street for the sixth straight quarter.