Thursday, 12 March 2015

Nifty ends below 8700; Bharti up 6%

Equity trading tips

The Nifty extended losses for third straight session and closed below 8,700 led by losses in oil & gas, metals and healthcare sectors. 

The 50-share index ended at 8,697.50, down 14.55 points or 0.17 per cent. It touched a high of 8,755.60 and a low of 8,682.35 in trade today. 

The S&P BSE Sensex ended at 28,642.39, down 67.48 points or 0.24 percent. It touched a high of 28,843.23 and a low of 28,608.18 in trade today. 

The S&P BSE Oil & gas fell 1.01 per cent, the S&P Metal Index was down 1.58 per cent and the S&P BSE Healthcare Index declined 0.90 per cent. 

Hindalco (5.18 per cent), Sesa Sterlite (2.78 per cent), Cairn India (2.75 per cent), Tata SteelBSE -1.88 % (1.96 per cent) and Bank of Baroda (1.83 per cent) were among the major Nifty losers. 

Bharti AirtelBSE 5.97 % (up 6.17 per cent), Tech Mahindra (up 3.14 per cent), NTPC (up 3.03 per cent), M&M (up 2.10 per cent) and Kotak Bank (up 1.94 per cent) were the among the index gainers. 

The market breadth was negative on the NSE with 572 gainers against 931 losers.

Wednesday, 11 March 2015

Asian equities mixed on weak yen

Equity trading tips

  1. Asian equities mixed on weak yen, Wall Street's plunge
  2. Current account deficit narrows to USD 8.2 bn in Q3
  3. Forex reserves jump $16.4 bn in first 9 months of FY15: RBI
  4. India revives plans for urea plant in Iran; investing Rs 5K cr
  5. Mphasis looking to sell domestic BPO business: Sources
  6. Prime Property: Mumbai Metro facing Green hurdle
  7. The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 8700 in trade today.
  8. At 07:00 a.m, Nifty India stock futures in Singapore were trading 1 point lower at 8,755 indicating a flat opening on the domestic market. 
  9. However, experts are of the view that passing of Land Bill is positive, but markets are going to react more on global cues.
  10. The S&P BSE Sensex cracked 738 points in a matter of just two trading session, while Nifty slipped 225.70 points to close marginally above its crucial psychological support level of 8,700 on Tuesday.
  11. Overnight, US stocks ended lower giving the S&P 500 its biggest decline in two months, on increasing views the Federal Reserve may raise rates as soon as June.

Monday, 9 March 2015

DHFL raises Rs 809.61 cr from institutional investors

Equity trading tips

  1. Govt notifies export subsidy of Rs 4,000/tonne for raw sugar.
  2. Prices of leafy, other vegetables rise by up to 67%.
  3. Govt optimistic about GST roll out from April 2016: Rev Secy.
  4. Direct tax collections up 10.67% in 11 mths of FY'15.
  5. Hiring up 12% in Feb; demand highest in IT/telecom: Survey.
  6. Oilmeal exports drop by 41% to 1.18 LT in Feb.
  7. Funds mop-up via debt placement doubles to Rs 42,000 cr in Feb.
  8. Sensex rebounds 68 pts as pharma, FMCG, banking shares rise.
  9. DoD working out modalities for strategic sale of PSUs: Secy.
  10. Defensives drive Sensex to rebound; Sun Pharma, HDFC lead.
  11. 9K key resistance for Nifty; like HCL Tech, NBCC: Nomura.
  12. Eyeing EBITDA growth of 35% for FY15: Jyothy Laboratories.
  13. IDBI Bank to raise Rs 20,000 cr from bond issuance in FY'16.
  14. DHFL raises Rs 809.61 cr from institutional investors.
  15. Rate cut: Home loan EMI to go down, gilt funds’ NAV to rise.
  16. NGO cries foul over 17 pc cut in Budget for children.
  17. Rel Infra-Pipavav together share vision for infra growth'.
  18. Sensex falls 644 from top after hitting 30K on RBI rate cut.
  19. Mkt performance to continue, see Sensex at 33K in Dec: Citi.

Thursday, 5 March 2015

Equity trading tips For 5 March 2015

Equity trading tips

  1. Lok Sabha passes Coal Bill to replace Ordinance.
  2. GDP to remain comprehensive measure of economy: Govt
  3. Increasing global oil prices pose risk to inflation: RBI
  4. Govt to train 7 lakh people by 2018 to meet power sector needs 8-8.5% growth is more like statistical and not real: CEA
  5. 'Make in India' will yield results in minimum 18 months: Kant
  6. Further rate cuts of up to 0.75% expected in 2015: Experts
  7. Sensex ends in red after hitting 30K as rate cut cheer wanes
  8. Sensex falls 644 pts from top after hitting 30K on RBI rate cut 
  9. Expected RBI to wait till April for rate cut: Rangarajan
  10. RBI rate cut good for business, will boost demand: Revenue Secretary
  11. Ortel gets Rs 46.3 cr from Axis MF & ICICI Pru Life
  12. Sub 6% CPI by FY16 end, 25 bps cut by June likely: Barclays
  13. Need for farm workers may be hit due to crop damage: CACP
  14. Govt launches public contest on advice for PMO mobile app
  15. European Union lifts ban on import of mangoes from India
  16. Banks should pass on RBI rate cut benefits, say auto makers
  17. RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down

Wednesday, 4 March 2015

Ranbaxy loses approvals, exclusivity of 2 drugs in US

Equity trading tips

Sensex, Nifty end at record closing highs; oil & it stocks soar

Nifty on cloud 9, hits 9,000 in a first 

L&FS Transportation up 4% on railway over bridges order

Ramco Systems hits record high, up 14% on order in Vietnam

Ranbaxy loses approvals, exclusivity of 2 drugs in US

Spectrum auction for four bands to start tomorrow

Tuesday, 3 March 2015

Tata Motors Monday reported a 10.69 percent increase

Equity trading tips

  1. Markets ends in green: UltraTech big gainer, surges 7.7%; ITC top loser.
  2. Infosys inks 5-year deal with Dutch firm TNT.
  3. Bajaj Auto shares tank over 5% as sales fall in February.
  4. ITC cracks over 3 per cent on cigarettes duty hike in Budget; CLSA downgrade.
  5. Tata Motors Monday reported a 10.69 percent increase in total sales at 44,225 units in February, as against 39,951 units in the same month last year. For More Updates on Market click here: Market News

Monday, 2 March 2015

The Sensex settled the day at 29,220.12, up 473.47 points

Equity trading tips

  1. It was a super run up to the Budget as bulls seem excited ahead of FM arun Jaitley's speech tomorrow. The Sensex was up 473.47 points or 1.6 percent at 29220.12,and the Nifty ended 160.75 points or 1.8 percent at 8844.60. About 1817 shares have advanced, 1065 shares declined, and 204 shares are unchanged. PSU banks lead the upmove while HDFC Bank twins, ICICI Bank and Axis Bank were top gainers in the Sensex. Among the losers were ITC, GAIL, Wipro and HUL.
  2. The Sensex settled the day at 29,220.12, up 473.47 points. The broader 50- share Nifty closed at 8,844.60, up 160.75 points.
  3. Realty and PSU banks led the market upmove today with the BSE Realty Index rising over 4 percent. All sectoral indices except FMCG are trading in green. ICICI Bank and L&T are top contributors to Nifty's gain.

For More Information about market updates click here: Stock Market News