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