Showing posts with label Economy tips. Show all posts
Showing posts with label Economy tips. Show all posts

Tuesday, 18 August 2015

Latest Equity Market Economic Analysis

Free stock tips

1. Nifty closed below 8500, Sensex loses 189 pts; SBI goes up 4%.

2. Amara Raja Batteries strikes record high post strong 1st quarter nos.

3. IndiGo firms up 250 jet order from Airbus.

4. Birla Corp to buy Lafarge's India cement segments for Rs 5,000 cr.

5. Goldman Sachs ready to invests Rs 900 cr in Piramal Entreprises.

6. CBDT to clarify on bank a/c disclosures under black money law.

Read more info : Free stock tips

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.

Tuesday, 31 March 2015

Equity trading tips: Sensex up 517 pts, Nifty ends tad below 8500

Equity trading tips: Sensex up 517 pts, Nifty ends tad below 8500; banks lead

BHEL, Crompton, Ahluwalia, TRIL, Centum up 2-19% on orders

Rail freight on grains, coal, cement to increase from Apr 1

Crompton Greaves bags Rs 115 crore order from Power Grid

Shakti Pumps aims at capacity utilisation of 65-70% in FY16

Reliance Power's Sasan UMPP fully

The S&P BSE Sensex surged over 500 points in the fag end of the trading session on Monday, to snap its eight-session losing streak, led by strong buying seen in frontline stocks such as HDFC, ITC, HDFC Bank, L&T and Axis Bank.

Most technical analysts are not reading too much into today's up move and sees it as more of a technical pull back rally, and till the time 8500-8520 levels on Nifty is not crossed comfortably, there is always a possibility of markets falling towards support levels.

Tracking the momentum, the 50-share Nifty index also managed to rally over 150 points, but closed shy below its crucial psychological level of 8500, supported by gains in auto, banks, capital goods, FMCG and realty stocks.

The 30-share index surged as much as 559 points to reclaim its crucial psychological level of 28000 in trade today. The index finally closed at 27975.86, up 517.22 points or 1.88 per cent.

The 50-share Nifty index ended at 8492 up 150.90 point or 1.81 per cent. It touched a high of 8504.55 and a low of 8380.75 in trade today.

Monday, 30 March 2015

TRAI seeks to regulate net-based calls

Equity trading tips: Sensex, Nifty close flat; banks lead, telecom & FMCG fall

Power Grid to invest Rs 2,000 cr for transmission projects

Tax deducted at source and actual tax liability may differ

Drugs to cost upto 30%of price at Jan Aushadhi stores

TRAI seeks to regulate net-based calls, messages

IndiGo heads towards $400 mn IPO as travel booms

Land ordinance: Decision on proroguing Parl today

Govt plans $10-billion push for chip manufacturing

Gas price reduced from $5.61 to $5.01 a unit

Friday, 27 March 2015

Nifty ends F&O expiry below 8350

Nifty ends F&O expiry below 8350, Yemen woes drag Sensex 654 pts

Bharti up 2%; CLSA retains high conviction buy post auction

Australia's IAG to up stake in SBI Gen Ins from 26% to 49%

'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'

CDR package for Pipavav Defence may go through today

Rising tensions in Middle East took a toll on Dalal Street that saw panic sell-off in late trade, with benchmark indices breaking below their support levels in a stock market that has been struggling to hit upon cues for some time now.

Saudi Arabia-led coalition of Arab nations has launched air strikes in Yemen to push back Houthi rebels. This led to a spike in oil prices that jumped 6% to $59.70 a barrel.

Sensex ended the day at 27,604.37, down 507.46 points. Nifty ended the day at 8,383.80, down 147 points.

HIGHLIGHTS

BSE market cap falls below Rs 1 lakh crore mark.Nifty logs worst fall since January 6 .- PNB has slipped over 32% this year

Companies with heavy foreign institutional holdings led the declines. HDFC fell 5%, ICICI Bank fell 1.4%, HDFC BankBSE -2.58 % fell over 2% - Telecos rose intraday: Bharti AirtelBSE 0.98 % gained 1.2%; Idea gained 1.8% on hopes of winning key 900 Mhz spectrum.

For More Information Click here: equity trading tips

Thursday, 26 March 2015

Sensex closes 50 points down; NTPC plunges 3%

Sensex closes 50 points down; NTPC plunges 3%

IPCA Labs receives USFDA import alert for 2 more units

FIPB clears 10 FDI proposals worth Rs 2,858 crore

HC gives SpiceJet time to settle fleet de-registration case

Tata Motors approves Rs 7,500-cr rights issue; to give six for every 109 held

Sensex at 28,111.83; down 49.89 points. Nifty at 8,530.80; down 12.15 points.

Top gainers

SUN PHARMA (1.4%), TATA MOTORS (1.4%), WIPRO (1.3%), ICICI BANK (1.2%), M&M (1.1%)

Top losers

NTPC (-3.5%), GAIL (-2.7%), COAL INDIA (-2.6%), L&T (-2.5%), SBI (-1.9%)

Hindustan Construction surged nearly 8% intraday on Rs 217-crore arbitration award

JSW Energy gained 2% intraday after BNP Paribas starts coverage with 'buy'

SpiceJet slipped 5% intraday as Irish aircraft leasing firms approach court

IPCA Labs plunged 13% intraday on USFDA import alert

Godrej Properties rallied over 6% intraday on Pune township project, saw bulk

Wednesday, 25 March 2015

Sun Pharma, Ranbaxy up 2% on final

Equity trading tipsSensex slips for 5th day; Tata Motors down 3.4%, banks drag

Sun Pharma, Ranbaxy up 2% on final CCI nod for merger deal

India to grow at 7.8% in 2015-16; surpass China: ADB

Aarti Drugs tanks 17% on import alert for Maharashtra unit

Govt to allot coal mines to PSUs on Tuesday

RBI allows Sun to transfer Ranbaxy's overseas investments

The S&P BSE Sensex extended losses for fifth straight session led by losses in auto, banks, capital goods and FMCG sectors. The market is likely to consolidate with negative bias ahead of the March series F& expiry, say analysts.

The 30-share index ended at 28,161.72, down 30.3 points or 0.11 per cent. It touched a high of 28,455.32 and a low of 28,130.09 in trade today.

The Nifty closed at 8,542.95, down 7.95 points or 0.09 per cent. It touched a high of 8,627.75 and a low of 8,535.85 in trade today.

Tata Motors (3.42 per cent), Hindalco (1.51 per cent), Hindustan Unilever (1.33 per cent), SBI (1.31 per cent) and Hero MotoCorp (1.08 per cent) were among the index losers.

Bharti AirtelBSE 2.86 % (up 3.43 per cent), GAIL (up 1.82 per cent), Sun PharmaBSE 1.55 % (up 1.78 per cent), Dr Reddy's LaboratoriesBSE 1.73 % (up 1.72 per cent) and Sesa Sterlite (up 1.52 per cent) were among the Sensex gainers.

The market breadth was negative on the BSE with 1,107 gainers against 1,702 losers.

Tuesday, 24 March 2015

Sensex ends marginally lower, Nifty holds 8550

Equity trading tipsSensex ends marginally lower, Nifty holds 8550; NTPC up 3%

JSPL tanks 15% after govt cancels bids for 3 coal blocks

GMR Holding ties up Rs 1,250 crore for GMR Infra rights issue

India telecoms' debt rises on record spectrum spend

Oil prices drop after Saudi Arabia says it will not cut output alone

See Rs 4500/sq ft realization from Panorama: Brigade Ent

The market closed marginally lower on Monday. The Sensex shed 69.06 points to 28192.02 and the Nifty lost 20 points to 8550.90. More than two shares declined for every share advancing on the Bombay Stock Exchange. State-run power equipment maker BHEL fell nearly 4 percent.

ICICI Bank, Infosys, Reliance Industries, HDFC Bank, SBI, ITC, Axis Bank and Wipro were down 0.5-1.7 percent. However, Hindalco and NTPC topped the buying list, up 3 percent each. ONGC, Hero Motocorp, GAIL and Sesa Sterlite gained 1-1.7 percent.

The government is on course to meet its fiscal year 2014-15 deficit target of 4.1 percent it outlined in the Union Budget in February, expenditure secretary R Wattal told CNBC-TV18. This is despite the government likely falling short of meeting its telecom-receipts target of Rs 43,161 crore in the Budget. Of the telecom receipts, the government had forecast about Rs 12,000 crore from the ongoing spectrum auction, which may not accrue this year.

For More Updates Click Here: Stock Market News

Saturday, 21 March 2015

Sensex, Nifty drag; ICICI Bank, M&M shed 3%


Sensex, Nifty drag; ICICI Bank, M&M shed 3%

The OECD expects 7 pct China growth in 2015, urges freer yuan

Power cos under-recoveries to touch Rs 4500 cr post coal auction

Macquarie retains underperform on BHEL, wary of order flow

Brent climbs towards $55 on weaker dollar; supply concerns limit gain

The market ended lower dragged mostly by capital goods and FMCG stocks. The Sensex is down 208.59 points or 0.7 percent at 28261.08. The Nifty is down 63.75 points or 0.7 percent at 8570.90.

About 770 shares have advanced, 2104 shares declined, and 168 shares are unchanged. Only IT index ended in green. Wipro, Infosys, Coal India, Dr Reddy's Labs and TCS are top gainers in the Sensex. Among the losers are NTPC, ICICI Bank, BHEL, M&M and GAIL.

Amidst differences over regulation of money market between RBI and the government, the central bank today said there is a need to examine various related issues connected with issuance of public debt.

Wipro, Infosys, Hindalco, HDFC and TCS are top gainers while NTPC, BHEL, GAIL, M&M and ICICI Bank are major losers.

After much controversy and procedural wrangles, the Mines and Minerals (Development and Regulation) Amendment Bill, 2015, was passed by the Rajya Sabha with all parties, barring Congress and the Left, supporting it.

Friday, 20 March 2015

Equity trading tips and Updates for 20 March 2015

Sensex falls 150 pts, Nifty breaks 8700; banks, RIL drag

Fed bows to market's more dovish view of soaring dollar

Franklin eyes doubling its AUM to Rs 1,20,000 cr in 5 yrs

Realty stocks rise; Maha govt ups premium on additional FSI

Govt open to extending first half of B
udget session

Oil prices surge as Fed stays cautious on rates

The 30-stock Sensex ended the day in the red after rallying over 300 points in intraday trade on hopes that US Federal Reserve would not go for a rate hike soon.

The Nifty extended losses for second straight session and closed near support of 8,600. The US Federal Reserve took a dovish stand on interest rates and said the action will be data driven. According to analysts, the hike may happen in June or may get delayed to September as well.

Most of the Asian markets ended in the green zone, except for Japan's Nikkei, which closed the day below its crucial 19,500-mark. 

The Sensex ended the day at 28,469.67; down 152.45 points.

The broader 50-share Nifty closed the session at 8,634.65; down 51.25 points.

Top gainers on sensex: Gail, Ntpc, , Ongc and Tata steel (0.9%)

Top losers on sensex: axis bank , Bhel, Sbi, Ril and Icici bank (-1.7%)

For More Updates On Market Click Here: Stock Market News

Thursday, 19 March 2015

Sesa up 5 percent as iron mining to resume in Goa

Equity trading tipsSensex closes day 114 points down ahead of FOMC cue; SBI top gainer

Brent falls towards $53 after US crude stocks rise

Franklin eyes doubling its AUM to Rs 1,20,000 cr in 5 yrs

Sesa up 5% as iron mining to resume in Goa; DB positive

Govt open to extending first half of Budget session

The market closed a rangebound session on a weak note with benchmark indices losing 0.4 percent each ahead of Federal Reserve policy meeting outcome tonight. FMCG, infrastructure, technology and select auto stocks saw selling pressure.

The 30-share BSE Sensex fell 114.26 points to 28622.12 and the 50-share NSE Nifty declined 37.40 points to 8685.90 on profit booking after risingpercent in previous session. However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.3 percent each.

About 1270 shares advanced against 1584 shares declined on the Bombay Stock Exchange. Global markets awaited the US Federal Reserve's policy announcement with caution. European equities were mixed while most Asian benchmarks ended higher with the Shanghai rising over 2 percent.

HDFC, ITC, ONGC, Wipro, HUL, M&M, Bharti Airtel and BHEL dropped 1-2 percent whereas Reliance Industries and SBI gained more than 1.3 percent.

Sesa Sterlite was up 0.6 percent and Kalyani Steels rallied 5.5 percent.

For More Updates on Market click here: Stock market news

Wednesday, 18 March 2015

Sensex ends up 299 pts, Nifty at 8723 ahead of Fed meet

Equity trading tips

Sensex ends up 299 pts, Nifty at 8723 ahead of Fed meet

Just Dial to spend Rs 100cr on Search Plus mktg in FY16

FACT surges 20% on revival hopes; co says need Rs 2000 cr

IRB Infra up 2% on financial closure for Aurangabad project 6
Stock market news
Oil prices mixed in Asia, US crude near six-year lows

ECB's Draghi calls for quantum leap in European integration

The S&P BSE Sensex snapped a two-day decline and closed nearly 300 points higher in a pullback rally on Tuesday led by gains in stocks of capital goods, FMCG and healthcare sectors. In the near term, the market will take cues from the comments of the US Federal Reserve on interest rate hike in
the US.

The 30-share index closed at 28,735.33, up 297.62 points or 1.05 per cent. It touched a high of 28,784.35 and a low of 28,435.45 in trade today.

The Nifty ended at 8,723.30, up 90.15 points or 1.04 per cent. It touched a high of 8,742.55 and a low of 8,630.80 in trade today.

Hindalco (up 5.75 per cent), Sesa Sterlite (up 4.02 per cent), Dr Reddy's Laboratories (up 3.53 per cent), HDFC (up 2.62 per cent) and Axis BankBSE 1.93 % (up 2.58 per cent) were the among the Sensex gainers.

Infosys (1.10 per cent), Coal India (0.78 per cent), Tata Power (0.62 percent), Bharti AirtelBSE -0.60 % (0.60 per cent) and Wipro (0.60 per cent) were among the index losers.

The market breadth was positive on the BSE with 1374 gainers against 1437 losers.

Tuesday, 17 March 2015

Sensex, Nifty end in red; Infosys, BHEL, Tata Power up 2%

Equity trading tips

Sensex, Nifty end in red; Infosys, BHEL, Tata Power up 2%

Feb WPI inflation falls to all-time low of -2.06%

Jet, SpiceJet up 3-4%; eye new international flying rules

Oil prices drop on strong dollar, US crude hits six-year low

Govt to re-examine bids for 5 more coal blocks

Blue Star to transfer PE&IS biz to wholly-owned subsidiary

The Sensex ended the day in red after a choppy session which saw the 30- stock index slipping over 100 points soon after the inflation data came in at -2.06% for the month of February, and then getting back in the green for a short while before settling the day 66 points down.

The Sensex closed the session at 28,437.71; down 65.59 points. The broader 50-share Nifty ended the day at 8,633.15; down 14.60 points. 

Top five losers on the Sensex were Sesa Sterlite (-5.1%), BHARTI AIRTEL (-3.3%), HINDALCO (-3.2%), NTPC (-2.4%), HDFC (-1.6%)

Top five gainers were Infosys (2.2%), BHEL (1.9%), Tata Power (1.6%), Sun Pharma (1.4%), WIPRO (1.2%)

Monday, 16 March 2015

Sensex bleeds 427 pts, Nifty ends at 8648

Equity trading tips

  1. Sensex bleeds 427 pts, Nifty ends at 8648
  2. SAT quashes SEBI order against DLF; stock rises 9%
  3. DIPP gives more clarity on construction FDI norms
  4. Bajaj Auto slips 2%, CLSA retains underperform & cuts EPS
  5. Precision Camshafts files draft papers with Sebi for IPO
  6. Intel cuts revenue forecast as desktop demand weakens
  7. The world's unluckiest day spooked the Sensex, which slipped by as much as 427 points in trade, weighed down by banking stocks after data showed that consumer inflation has edged up. The numbers raised concerns about rate cuts and sent bond yields higher.
  8. The S&P BSE index closed 1.48 percent lower or 427.11 points at 28,503.30 after gaining as much as 0.9 percent earlier in trade today. However, on a weekly basis the benchmark index recorded a fall of 945 points or 3.2 per cent from its closing value of 29448.95 recorded on 5th March 13, 2015.
  9. The 50-share Nifty index finally closed at 8647.75, down 1.4 per cent or 128.25 points. For the week, the index posted a loss of 290 points or 3.24 per cent, from its closing value of 8937.75 recorded on 5 March 2015.
  10. The benchmark index has already slipped as much as 1521 points from its record high of 30024.74 hit earlier in the month of March. Pressure on rupee, concerns over key bills and sooner-than-expected interest rate hike by the US Federal Reserve made investors cautious.

Friday, 13 March 2015

Sensex ends 271 points up

Equity trading tips

Sensex ends 271 points up, Nifty above 8,770; Sesa gains over 4%

Spicejet gains over 13%; foreign airlines eye stake

Jindal Stainless surges 11%; up 27% in two trades

Feb CPI may inch to 5.26%; Jan IIP slowdown to 0.5%

Bank of Korea joins global policy easing with surprise rate cut

Ranbaxy merger: Sun Pharma readies new leadership team

The Nifty ended in the positive terrain for the first time after three-day decline with the International Monetary Fund (IMF) raising its growth forecast for the current fiscal to 7.2 per cent.

The 50-share index ended at 8,776, up 76.05 points or 0.87 per cent. It touched a high of 8,787.20 and a low of 8,732.90 in trade on Thursday.

The S&P BSE Sensex closed at 28,930.41, up 271.24 points or 0.95 percent. It touched a high of 28,971.01 and a low of 28,772.71 in trade.

Cairn India (up 4.96 per cent), SesaBSE 3.63 % Sterlite (up 4.72 per cent), NTPCBSE 3.54 % (up 3.74 per cent), HindalcoBSE 3.37 % (up 3.15 per cent) and Sun PharmaBSE 2.46 % (up 2.78 per cent) were the among the index gainers.

Tech MahindraBSE -2.13 % (2.21 per cent), M&M (1.57 per cent), Bajaj AutoBSE -1.01 % (1.36 per cent), Dr Reddy's Laboratories (1.17 per cent) and Coal IndiaBSE -1.23 % (1.03 per cent) were among the major Nifty losers.

The market breadth was positive on the NSE with 914 gainers against 573 losers.