Nifty hovers around 7,300: Stock Market Closing News Updates

For more www.marketmagnify.com/stock-cash-tips.php

The S&P BSE Sensex is trading at 24,014 down by 273 points, while NSE Nifty is trading at 7,296  down 91 points.

The BSE Mid-cap Index is trading down by 1.88% at 10116.80 whereas BSE Small-cap Index is trading udown by 1.36% at 10423.50.

SBI, Axis Bank, BHEL, ICICI Bank and Gail are among the gainers, whereas DR Reddys, TATA Motors, ONGC, TCS and ITC are losing sheen on BSE. 

The INDIA VIX is up by 7.29% at 21.7750. Out of 1786 stocks traded on the NSE, 1191 declined ,341 advanced and 254 remained unchanged today.

"A total of 13 stocks registered a fresh 52-week high in trades today, while 56 stocks touched a new 52-week low on the NSE."

Equity Trading Tips & Accurate Stock Tips by MarketMagnify

Maintain accuracy in intraday calls with technical analysis in all segment such as stock cash tips, equity tips, stock tips join MarketMagnify team, get free trial service on mobile, give us missed call on 7879881122.

Today’s Stock Market Morning Trends with Opening Bell

For Stock Cash Service

www.marketmagnify.com/stock-cash-tips.php 

Sensex crashes 300 points; Nifty falls below 7,300

The S&P BSE Sensex is trading at 23,988 down 298 points, while NSE Nifty is trading at 7,298 down 89 points.

The BSE Mid-cap Index is trading down 0.72% at 10,236, whereas BSE Small-cap Index is trading down 0.91% at 10,471.

Indian Rupee opened at 68.14/$, down by 20 paise in early trade on Tuesday as against the previous close of 67.94/$.

Daily Indian Stock Market Trading Strategy by MarketMagnify

Stock Cash Service www.marketmagnify.com/stock-cash-tips.php

The outlook is a negative open. Investors will hope the Tuesday twist comes into play and indices recoup their losses towards the end of the session. Global markets will have to lend support. Investors will be looking forward to comments from the Federal Reserve Chairperson Janet Yellen today and on Thursday, when she testifies before the Congress about the economy and monetary policy. "Key results include Apollo Tyres, Aurobindo Pharma, Bharat Forge, Britannia, CESC, Dr Reddy’s Lab, Geometric, GMDC, Gulf Oil, Hindalco Industries, MOIL, Motherson Sumi, SAIL, Ramco Cement and Timken India."

Rural Electrification Corporation (REC) and Power Finance Corp (PFC) may buy Government's shares in state-owned NHPC, according to reports.

Shares of Digital marketing firm Lycos Internet zoomed 7.1% to Rs.29.30 on BSE on news that it will acquire 100% stake in Austria-based mobile solutions provider TriTelA Gmbh in an all-stock transaction giving it access to cloud-based technology that can help broaden its consumer services.

The Government has asked public sector companies to buy back shares in order to contain the fiscal deficit without cutting stimulus spending, according to reports.