Thursday 30 April 2015

Sensex ends 170 pts lower; Axis Bank up 5%, Bharti falls 4%

Equity trading tips: Sensex ends 170 pts lower; Axis Bank up 5%, Bharti falls 4%

HDFC Q4 standalone profit rises 8% to Rs 1862.4 cr

Axis Bank Q4 profit jumps 18.3% to Rs 2180 cr, NII up 20%

Motherson bags biggest ever order, eyes Rs 15400 cr sales

Real estate sees 85% higher inflows from PE funds in Q1

CCEA nod to policy on development of 12 gas finds

The S&P BSE Sensex ended the day in negative territory on Wednesday after playing choppy through the day.

The broader 50-stock Nifty ended the day above its new crucial support level of 8,230.

Markets @ close
Sensex at 27,225.93; down 170.45 points. Nifty @ 8,239.75; down 45.85 points.

Top Gainers
Axis bank (4.7%), wipro (1.9%), gail (1.7%), sun pharma (1.5%), icici bank (1.2%)

Top Losers
Bharti airtelbse -3.32 % (-4.1%), itc (-2.8%), hdfc (-2.3%), sesa sterlite (-2.0%), ril (-1.8%)

Among individual stocks, HDFC slipped over 2% soon after it announced Q4 new profit at Rs 1,862 cr versus Rs 1,723 cr YoY.

TVS Motor surged 4% after announcing Q4 PAT at Rs 90.5 crore versus Rs 52 crore, up 74% on a year-on-year basis.

Wednesday 29 April 2015

Equity trading tips: Sensex ends 219 points up, Nifty below crucial 8,300

Equity trading tips: Sensex ends 219 points up, Nifty below crucial 8,300

RBI to retain powers to regulate govt bonds: Sinha

Govt likely to clear sugar mills dues of Rs 20,000 cr

Maruti surges 5% as brokerages raise target price post Q4 results

ICICI Bank rallies on value buying; analysts see up to 40% upside in 12 months

Sensex ends 219 points up, Nifty below crucial 8,300

RBI to retain powers to regulate govt bonds: Sinha

Govt likely to clear sugar mills dues of Rs 20,000 cr

Maruti surges 5% as brokerages raise target price post Q4 results

ICICI Bank rallies on value buying; analysts see up to 40% upside in 12 months

Tuesday 28 April 2015

Sensex skids over 261 pts, Nifty ends at 8214; Maruti up 3%


Sensex skids over 261 pts, Nifty ends at 8214; Maruti up 3%

Maruti Suzuki Q4 profit jumps 60.5% to Rs 1284 cr; dividend at Rs 25/sh

Ashoka Buildcon raises Rs 500 crore via QIP route

ICICI Bank Q4 profit rises 10%, provisions up 88%, asset quality worsens

The 30-stock Sensex ended the day at 27,176.99; down 260.95 points. The broader 50-share Nifty closes the session at 8,205.60; down 99.65 points; below its 200-DMA.

ICICI Bank slumped over 3% in intraday trade. The stock ended the day down 0.96 per cent or Rs 2.95 at Rs 305.15. The company announced Q4 PAT at Rs 2,922 vs Rs 2,652 crore, up 10.1% YoY; below estimates.

Maruti rose up over 3% as Q4 profit jumped 60% on a year-on-year basis.

Top gainers
MARUTI SUZUKI (2.7%), SESA STERLITE (2.3%), WIPRO (1.7%), CIL (0.3%), TATA MOTORS (0.3%)

Top losers
SBI (-3.2%), DR. REDDY'S (-3.0%), BHEL (-2.8%), HDFC (-2.7%), HUL (-2.5%)

Monday 27 April 2015

Sensex ends 297 points down, Nifty above 8,300

Free equity tips: Sensex ends 297 points down, Nifty above 8,300

Infosys cracks 6% post Q4

Siemens Q2 profit seen up 36% but revenue may be flat

SBI's up to $2.4 bn share sale likely in June: Sources

DLF skids 5%, SC refuses to stay SAT order

Rupee below 63/$, 5 factors that are weighing on it

The S&P BSE Sensex ended the day at 27,437.94; down 297.08 points. The broader 50-share Nifty closed the session at 8,305.25; down 93.05 points.

The sentiment was dampened on Dalal Street as Minister of State for Finance Jayant Sinha informed the Lok Sabha that the Income Tax department has sent notices in 68 cases to Foreign Institutional Investors (FIIs) for payment of dues totalling Rs 608.83 crore towards Minimum Alternate Tax (MAT).

Another stock in focus was DLF, which cracked nearly 5% soon after ET Now reported that the Supreme Court has refused to stay SAT order in DLF IPO disclosure breach case; and has instead sent notice to DLF on the plea of the market watchdog. The stock ended the day at Rs 131.10, down 3.92%, on the BSE.

Top gainers
ongc (2.7%), tcs (2.2%), maruti suzuki (1.9%), tata motors (1.3%), itc (1.2%)

Top losers
infosys (-6.2%), cipla (-3.6%), sesa sterlite (-2.9%), axis bank (-2.7%), l&t (-2.5%)

Friday 24 April 2015

Sensex ends day 155 points down, Nifty below 8,400

Equity trading tips: Sensex ends day 155 points down, Nifty below 8,400

HDFC Bank Q4 net up 20.6%, asset quality improves slightly

Jet Airways to seek shareholders' nod for raising USD 400 mn

Infosys Q4 profit seen down 2.7%, revenue may be flat: Poll

China's factory activity falls to one-year low

CLSA keeps buy on Coal India; says dividend yield handsome

The markets closed the day in red after trading in a 250-point range through the day. Yes Bank ended day 7% up as the bank's board approved raising FII limit to 74% rom 49%. Yesterday, the bank announced $1-billion fund raising plan.

Tata Steel was another big gainer of the day. It ended the day 5% up at Rs 368.70; after a report from Bank of America Merrill Lynch (BofA-ML) rated Tata Steel, JSW Steel, SAIL and Jindal Steel & Power as 'buys'.

Sensex at 27,735.02; down 155.11 points. Nifty @ 8,398.30; down 31.40 points.

Top Gainers
TATA STEEL (5.0%), BHEL (1.3%), CIL (1.3%), MARUTI SUZUKI (1.1%), CIPLA (0.3%)

Top Losers
SUN PHARMA (-2.8%), SBI (-2.5%), TATA MOTORS (-2.4%), NTPC (-2.3%), WIPRO (-1.8%)

Thursday 23 April 2015

Sensex surges, Nifty races towards 8450

Equity trading tips: Sensex surges, Nifty races towards 8450; private banks lead

YES Bank Q4 profit jumps 28% on strong NII, other income

8K Miles Software acquires US-based Cintel, stock up 6%

Sesa Sterlite renamed as Vedanta Limited

M&M opens Rs 250-cr manufacturing unit in Telangana

Govt reconfirms appointment of Sarraf as ONGC head

The Sensex ended the day at 27,890.13; up 214.09 points. Nifty closed session at 8,429.70; up 51.95 points up.

The 30-stock index saw a wild swing of 561 points in the last two hours of trade.

The markets today bounced back from a four-week low, snapping a five-session losing streak as blue-chips such as Sun Pharmaceutical Industries rose on value buying.

Sun Pharma closed up 1.64 percent. The stock had fallen 8.8 per cent on Tuesday, its worst daily fall in six years.

Top gainers
HUL (3.7%), HERO MOTOCORP (3.6%), L&T (3.4%), AXIS BANK (3.3%), DR. REDDY'S (2.8%)

Top Losers
WIPRO (-6.0%), ONGC (-2.7%), SBI (-1.9%), GAIL (-0.9%), TATA MOTORS (-0.5%)

Tuesday 21 April 2015

Sensex ends 555 pts down, off 28K

Equity trading tips: Sensex ends 555 pts down, off 28K; Nifty below 8,450

Sun Pharma gains 3%; Shanghvi may buy partial stake of Daiichi in firm

Wipro Q4 dollar revenue seen down 0.2% to $ 1791.5 m: Poll

Gold holds above $1,200; thanks to a softer dollar

LIC Housing Fin gains over 2% post Q4 earnings

The Sensex has plunged over 1200 points in four trading sessions, including today's decline, on earnings growth concerns, while weak cues across the region also dampened sentiment.

The Sensex slipped as much as 639.73 points in trade on Monday, to register its lowest close in three weeks, dragged down by losses in technology, realty, FMCG and auto stocks.

The rupee slumped to its weakest in over a month after a spurt in dollar outflows triggered by the greenback's strength globally as well as weaker shares, Reuters reported. The rupee had fallen to as much as 62.86 to the dollar, its lowest since March 16.

The 30-share index closed at 27886.21, down 555.89 points or 1.95 per cent. It touched a high of 28,539.46 and a low of 27,802.37 in trade today. The Nifty closed 157.90 points lower at 8448.10.

Apart from corporate earnings, developments during the second part of Budget session of Parliament will be closely watched, say experts. The second part of the budget session started on April 20 and will conclude on May 8.

Monday 20 April 2015

Equity trading tips: Sensex ends 224 pts down

Equity trading tips: Sensex ends 224 pts down; banks, IT, pharma drag; metals up

TVS Motor, Hero Motocorp fall 1-3%; CLSA maintains sell

Tata Steel rises 4% on best ever production in FY15

Reliance Q4 profit may jump 18% to Rs 6,000 cr: Poll

Gold firms near $1,200 but poised for second weekly dip

NIMs seen between 3.4-3.5% during first half FY16: DCB Bank

The S&P BSE Sensex ended the day at 28,442.10, down 223.94 points in trade on Friday, led by losses in TCS, Infosys, ICICI Bank, Sun Pharma and Axis Bank.

The 50-share Nifty index ended at 8,606, down 100.70 points.

TCS cracks over 4% intraday post Q4 results. CLSA has a target of Rs 3,000

IT counter takes a hit post TCS Q4 results; Mindtree slips over 7% intraday

UBS cuts target for Nifty to 9,200 from 9,600; cites cuts in earnings estimates as key reason for reducing the target

Lupin falls another 6% intraday on Suprax generic concerns; Kotak Institutional Equities, Nomura downgrade the stock

Motherson Sumi gains 4% intraday on strong car sales in the EU region

Tata Steel surges 4% intraday; says no deal with UK unions on pension scheme

Nikkei ends below 19,700; drops to over one-week low

Brent trades above $63 | China stock @ fresh 7-year high.

Thursday 16 April 2015

Equity trading tips: Sensex falls 300 pts, Nifty breaks 8750

Equity trading tips: Sensex falls 300 pts, Nifty breaks 8750; private banks drag

Mar WPI inflation falls to -2.33%; food prices at 3-month low

Govt to press ahead with Rs 40,000 cr tax demand on FIIs

Strides, Torrent Pharma, Glenmark, Lupin gain on USFDA nod

UBS initiates coverage on Just Dial with sell; stock down 3%

Deepak Fert plans to sell 8-9% stake in MCFL before Apr 21

Wednesday 15 April 2015

Sensex snaps 5-day rally but mid

Equity trading tips: Sensex snaps 5-day rally but mid, smallcap run continues

IndusInd Bank to acquire RBS unit in India

SBI up 2%; Barclays ups target but cuts EPS estimates

China consumer inflation stays at 1.4% YoY in March

Nuziveedu Seeds to file for up to $200 mn IPO

Nikkei tops 20,000 for first time in 15 years; up 2.4% on week

The S&P BSE Sensex slipped over 100 points in trade on Friday, before closing the day in the red. Cipla, Hindalco, HDFC Bank, Hero Moto and HDFC were the top gainers in late trade.

Sensex at 28,879.38, down 5.83 points. Nifty @ 8,780.35, down 2.05 points

Swap ratio for proposed NSEL-FTIL merger 8:2

Zee Ent slips 2.5% intraday; says FII stake has come down by 193 bps to 49.98%

MTNL surges over 6% intraday; gets Rs 129 crore income-tax refund for FY07

Nikkei tops 20,000 for the first time in 15 years; but ends 0.2% @ 19,907.63

FTSEurofirst 300 hits highest since 2000 as euro slips to lowest level since March 19

China's main stock indexes rise to fresh 7-year highs, posting fifth consecutive weekly gains

Monday 13 April 2015

Sensex snaps 5-day rally but mid, smallcap run continues

Equity trading tipsSensex snaps 5-day rally but mid, smallcap run continues

IndusInd Bank to acquire RBS unit in India

SBI up 2%; Barclays ups target but cuts EPS estimates

China consumer inflation stays at 1.4% YoY in March

Nuziveedu Seeds to file for up to $200 mn IPO

Nikkei tops 20,000 for first time in 15 years; up 2.4% on week

The S&P BSE Sensex slipped over 100 points in trade on Friday, before closing the day in the red. Cipla, Hindalco, HDFC Bank, Hero Moto and HDFC were the top gainers in late trade.

Sensex at 28,879.38, down 5.83 points. Nifty @ 8,780.35, down 2.05 points

Swap ratio for proposed NSEL-FTIL merger 8:2

Zee Ent slips 2.5% intraday; says FII stake has come down by 193 bps to 49.98%

MTNL surges over 6% intraday; gets Rs 129 crore income-tax refund for FY07

Nikkei tops 20,000 for the first time in 15 years; but ends 0.2% @ 19,907.63

FTSEurofirst 300 hits highest since 2000 as euro slips to lowest level since March 19

China's main stock indexes rise to fresh 7-year highs, posting fifth consecutive weekly gains

Friday 10 April 2015

Sun Pharma fell 3.8% intarday

Equity trading tipsNifty ends above 8750, Sensex jumps; banks support

Satyam scam: Hyd court sentences Raju to 7-year term

Aurobindo, Plethico rally post settlement over Natrol USA

REC extends rally, up 5% post OFS oversubscribed

Sun Pharma, Lupin, Cipla, Cadila plunge on BoAML downgrade

Commexes' turnover dips by 39% in FY'15 due to CTT

The benchmark 30-stock index, Sensex, ended the day on a positive note on Thursday after witnessing a choppy trade through the day in a 100-point range.

The index had opened with a gap-up following a rating outlook upgrade by Moody's.

The Sensex ended the day at 28,885.21; up 177.46 points. The Nifty closed the session at 8,778.30; up 63.90 points.

Pharma stocks fell after BofA-ML downgrade

Sun Pharma fell 3.8% intarday, Lupin 3.66%, Cadila Healthcare 3.99% and Cipla 2.83%

Axis Bank gained about 3% intraday; Canara Bank 2.57%

PNB gained 5% intraday; Zee Entertainment 4.69%

Kotak Bank gained 4.33%; IndusInd Bank 3.94%

Tata Comm surged 9% intraday on talks of land sale

REC surged 5% intraday; govt raised Rs 1,550 cr via OFS yesterday

Kitex surged 10% intraday, is up 60% in four days

Japan's Nikkei ended day at 19,937; HK shares hit 7-yr high

Thursday 9 April 2015

Nifty ends above 8700, Sensex up 191 pts

Equity trading tips: Nifty ends above 8700, Sensex up 191 pts; Coal India surges 6%

US regulator upgrades India's aviation safety rating

Dr Reddy's at new high, files 3 NDAs with US drug regulator

Investors pull $4 billion from hedge funds amid lacklustre returns

Govt allows pharma cos to hike prices of 509 essential drugs

EPFO updates 15.54 cr PF accounts for 2014-15 on Apr 1

Indian shares rose on Wednesday, marking their highest close in three weeks, led by gains in resources stocks such as Coal IndiaBSE 5.73 % and Reliance Industries.

Coal India climbed 5.8 percent on reports that the government has lifted the cap on the company's e-auction sales.

Reliance IndustriesBSE 3.93 % surged about 4%, marking its biggest daily gain since March 3.

Sensex ends day at 28,707.75; up 191.16 points. Nifty closes at 8,716.00; up 55.70 points.

Coal India rallied over 6% intraday as govt has removed cap on e-auction sales

REC OFS subscribed 200% on institutional demand

Smallcap index outshines Sensex and Nifty, gains 204.30 points, or 1.79%

GATI gained about 3% intraday; the firm plans to raise Rs 120 crore via QIP

Wednesday 8 April 2015

Nifty likely to open in green

Equity trading tipsNifty likely to open in green; banks, realty cos in focus

CCEA clears Glenmark, Aurobindo proposals worth Rs 4,187 cr

DA hiked by 6%; to benefit over 1 cr employees, pensioners

Dr Reddy's files three new drug applications with USFDA

CCEA approves highway projects worth Rs 9,500 crore

Quikr raises Rs 900 cr in funding; invest in mobility

The market extended upmove in opening trade today with the Nifty reclaiming 8700 level led by FMCG, IT and banks stocks. The Sensex rallied 122.87 points to 28639.46 and the Nifty climbed 38.65 points to 8698.95.

About 429 shares have advanced, 73 shares declined, and 92 shares are unchanged on the BSE. Shares of Coal India, Tata Motors, Infosys, Tata Power, NTPC, HDFC Bank, ICICI Bank and Sun Pharma topped the buying list on Sensex. However, Bharti Airtel declined.

The cabinet has cleared the decks to create a regulator for realty sector. The watchdog will address consumer grievances within 60 days. Penal provisions will be initiated against realtors who violate the rules. Reserve Bank of India Governor Raghuram Rajan kept key policy rates unchanged yesterday and asked bankers to pass on previous rate cuts. Banks obliged with the ICICI Bank cutting rates by 25 basis points.

SBI and HDFC Bank also eased rates by 15 basis points each. Glenmark Pharma gained 3.5 percent on approval from CCEA to hike FII limit in company.

Tuesday 7 April 2015

Sensex jumps 200 pts, Nifty reclaims 8650

Equity trading tips: Sensex jumps 200 pts, Nifty reclaims 8650; pharma surges

Sun Pharma at record high, settles Angiomax litigation with US co

GMR Infra consortium bags Rs 5,080 cr rly project

Bajaj Auto motorcycle sales dips 22% in March

Projects worth Rs 2.5 lakh crore put on fast track

Sebi mulls new norms for changes in Sensex, Nifty

Sensex @ 28,504.46; up 244.32 points. Nifty @ 8,653.50; up 67.25 points.

Sun Pharma surges over 9% intraday; moves from 8th to 5th spot on Nifty

Sebi plans new norms for changes in constituents of Sensex and Nifty

Deccan Gold seeks Sebi nod to raise Rs 44 cr from rights issue

EOW ropes in Sebi to investigate brokers' role in NSEL fiasco

Adlabs Ent flip-flops in a highly volatile trade on debut

Sun TV slips over 11% intraday after ED attaches Rs 742 crore assets of Marans

High on Iran deal! Aban Offshore rallies over 7% intraday, oil stocks gain

Cement stocks rise on Q4 expectations; Ramco Cement up 6% intraday, India Cements 3%

Morgan Stanley turns cautious on TVS Motors

ADC India slips 11.9% intraday; Rajasthan Global Securities raises stake in firm to 5%

Aban Offshore surges 7% intraday as Iran-US reach agreement on nuclear program

Monday 6 April 2015

Equity Market Analysis for 6 April 2015

Equity trading tips: Sensex up 303 pts, Nifty ends tad below 8600; banks rally

GMR in talks to refinance Rs 4k cr Odisha power plant loan

Sebi permits OTC Exchange of India to exit from stock markets

Fertiliser stocks jump 3-14% on cabinet nod for gas pooling

Tata Steel exits from Lankan subsidiary; divests entire stake

Catholic Syrian Bank files paper with Sebi for Rs 400-cr IPO

The S&P BSE Sensex jumped 300 points on Wednesday to snap a three-week losing streak, led by gains in pharmaceutical stocks such as Sun Pharmaceutical IndustriesBSE 5.51 % and Ranbaxy LaboratoriesBSE 5.63 % ahead of the latter's merger with the former.

The Sensex rallied 2.92 per cent or 801.50 points for the week to post its biggest weekly gains since week ended January 23, Reuters reported. The 50-share Nifty index gained 2.94 per cent or 244.85 points in the same period.

The market will remain closed on Thursday, April 2, on account of Mahavir Jayanti and on Friday, April 3, for Good Friday.

According to experts, the upcoming January-March earnings and Reserve Bank of India's policy review on April 7 would be the next key trigger for the market.

The 30-share index closed at 28,260.14, up 302.65 points or 1.08 per cent. It touched a high of 28,298.34 and a low of 27,889.02 in trade today.

The Nifty ended at 8586.25 up 95.25 points or 1.12 per cent. It touched a high of 8603.40 and a low of 8464.75 in trade today.

Wednesday 1 April 2015

Sensex ends fiscal year at 27,957.49

Equity trading tips: Sensex ends fiscal year @ 27,957.49

Financial Tech soars 17% on 'without prejudice' settlement in NSEL case

IOC shares rally 6% on hopes of healthy profit in Q4

Asian imports of Iran crude fall 25%, led by India, S Korea

L&T Construction bags orders worth Rs 2,101

The S&P BSE Sensex on Tuesday ended flat, but posted its biggest fiscal-year gain in six, as domestic funds buy shares to dress up their yearly performance at the end of 2014-15.

The benchmark BSE index has gained 24.89 per cent in 2014-15, its best since 2009-10 on bets that the Prime Minister Narendra Modi-led government would be able to revive growth in Asia's third-largest economy. While, the 50-share NSE index rose 26.65 per cent in the same period.

The 30-share index finally closed at 27957.49, down 18.37 points or 0.07 per cent. It touched a high of 28,180.64 and a low of 27,868.21 in trade today.

The Nifty ended at 8491 down 1.3 points or 0.02 per cent. It touched a high of 8550.45 and a low of 8454.15 in trade today.

The S&P BSE Sensex has fallen over 2000 points from its record high level of 30024.74, hit earlier in the month of March, but analysts are of the view that the bull run is still on and the index is well on its way to hit fresh record high in the year 2015.