Equity trading tips: Sensex soars 402 pts, Nifty closes at 8325

Equity trading tips: Sensex soars 402 pts, Nifty closes at 8325

Cipla rises 2%, Credit Suisse upgrades it on firm Nexium sales

Relaxo Footwears soars 14% on robust Q4, bonus & dividend

BoB Q4 net profit falls 48.3%, gross NPA improve to 3.7%

Lower Q4 margin on higher raw cotton prices: Vardhman

Global banks try to muscle into India's start-up boom

Equity benchmarks surged for the second straight session Monday, even as players are divided on whether the rally can sustain. The 30-share Sensex closed at 27507.30, up 401.91 points or 1.48 percent over its previous close. The Nifty closed at 8325.25, up 133.75 points or 1.63 percent.

In the last two sessions, the Sensex has risen around 908 points and the Nifty around 268 points. There was good demand for mid cap shares too, with S&P BSE Midcap Index gaining over 2 percent.

Brokers attributed much of the rise in the last of couple of sessions to short covering of positions, and said there was not much of fresh buying by institutional investors.

Bank of Baroda was among the prominent gainers of the day, with the stock rising 17 percent. The company’s fourth quarter earnings fell short of market expectations, but improvement in asset quality was better than what analysts had estimated.

HDFC, State Bank of India, Infosys, ICICI Bank, Tata Motors and Sun Pharma were among the major contributors to the rally.

Sensex ends up 505 pts, Nifty ends at 8191; autos surge

Equity trading tips: Sensex ends up 505 pts, Nifty ends at 8191; autos surge

HUL Q4 profit jumps 16.7% to Rs 1,018 cr, volume growth 6%

PNB Q4 disappoints, profit tanks 62%, asset quality weak

PNC Infratech IPO opens, raises Rs 146cr via anchor portion

Hero Moto slips 4% on 2nd straight disappointing quarter

Tata Motors rises 5% on rights issue, JLR UK sales in April

After a stellar rally, the Sensex ended up 506.28 points or 1.9 percent at 27105.39. The Nifty was up 134.20 points or 1.7 percent at 8191.50. About 1865 shares have advanced, 835 shares declined, and 169 shares are unchanged.

Tata Motors, Cipla, ICICI Bank, Hindalco and HUL were top gainers in the Sensex. Among the losers were Hero MotoCorp, ONGC, TCS, NTPC and Vedanta.

Hindustan Unilever (HUL) matched street estimates with the fourth quarter profit rising 16.7 percent year-on-year to Rs 1,018 crore compared to Rs 872 crore in the year-ago period.

Rupee recovered by 22 paise to 64.01 against the greenback today led by an increase in dollar selling by exporters and banks. The Indian currency slipped below the 64-mark to end at a 20-month low of 64.23, depreciating 69 paise against the dollar Thursday due to foreign investors pulling out money from India amid concerns over MAT and delay in the passage of key reform bills.

Sensex falls 118pts, Nifty ends at 8057

Equity trading tips: Sensex falls 118pts, Nifty ends at 8057

Hero Motocorp Q4 profit seen up 18.3%, OPM may fall 146 bps

Titan Q4 profit seen up 9.7% to Rs 226 cr: CNBC-TV18 poll

Cement demand may grow by 7% during FY16: ICRA

Eye over 8% margins in FY16, says KEC International MD

Oil prices fall after hitting 2015 highs

After falling over 700 points in the previous session, the S&P BSE Sensex extended its fall and closed 118 points lower on Thursday. Notably, the index has lost over 11% or 3,300 points from its life-time high of 30,024.74 in early March this year.

The 30-stock Sensex ended the day at 26,599.11, down 118.26 points. The broader 50-share Nifty closed the session at 8,057.30, down 39.70 points.

Well, experts across Dalal Street are of the view that the benchmark indices can correct anywhere between 4 and 5 per cent before finding a bottom, and this weakness should be used by traders to go short on the market.

Well, at a time when the Indian markets are falling as if there is no tomorrow, investors should not get scared, but should look at accumulating quality stocks at every decline, advise experts.

One of the most important factors troubling the markets is the muted earnings growth showed by India Inc for the quarter ended March 31. But analysts expect earnings growth to bounce back from 2016.

Market ends at lowest level in 2015

Equity trading tips: Market ends at lowest level in 2015, Sensex plunges 723 pts

Oil prices near 2015 highs on weaker dollar, Libya supply

Torrent Pharma to acquire Zyg Pharma for an undisclosed sum

Hindustan Zinc, Cairn sign Rs 20,500-cr MoU with Rajasthan

State Bank of Travancore Q4 profit jumps 4-fold to Rs 192cr

Bharti Airtel up 5%, MSCI ups weightage in India Index

Benchmark indices plunged over 2 per cent each in trade on Wednesday to hit their lowest level in four months, on strong selling on algorithmic trading platforms, rising crude oil prices, and muted corporate earnings growth, among others.

Continued offloading by foreign investors amid retrospective tax worries also weighed on the sentiment. Dealers said the sell-off was initially sparked by a slump in NSE index futures listed on the Singapore exchange, which are now trading at a discount to domestic NSE index futures, Reuters reported.

The S&P BSE Sensex finally closed 2.6 per cent lower at 26,717.37. It hit a low of 26,677.64 and a high of 27,501.15 in trade today.

The 50-share Nifty index ended 2.74 per cent lower or 227.80 points at 8,097.00. It hit a low of 8083.00 and a high of 8331.95 in trade today.

Try not to panic, advise experts, adding that invest in a scattered manner as come 2016, earnings growth of India Inc will start improving.

Equity trading tips: Sensex ends 50 points down; HDFC, Infy lead fall

Equity trading tips: Sensex ends 50 points down; HDFC, Infy lead fall

Kotak Mahindra Bank Q4 beats forecast, profit up 29%; bonus issue 1:1

SKS Microfin jumps 7% as net, NII grow significantly in Q4

DLF up 2%, to improve debt quality by raising money in Q1

MF inflows in equities hit 7-year high of Rs 7,600-cr in April

After a strong pull back session on Monday, selling pressure continued unabated on Dalal Street on Tuesday, with the Nifty slipping below its crucial psychological level of 8300 in trade today.

However, markets recouped some of the intraday losses and the S&P BSE Sensex finally closed 50 points lower at 27440.14 while the 50-share Nifty index ended 11.25 points down at 8,320.70.

Even though the benchmark indices managed to claw back its key resistance levels in the previous session, analysts think that the worst is not over yet and the Nifty could further drift towards the level of 8200 in the next 2-3 weeks.

As per experts, the best case situation would be consolidation in the market plus/minus 100 points on the Nifty at current levels. Dutt says that there is a 30% to 40% probability that we may go below the 8200 levels as we test the round figure of 8000 levels over the next two to three weeks.

ONGC, OIL rise 4-5% as govt to bear entire fuel subsidy

Equity trading tips: Sensex extends rally, Nifty reclaims 8300; HDFC, RIL up 3%

GMR Infra's parent pledges 14.41 pc stake with IL&FS Trust cos

ONGC, OIL rise 4-5% as govt to bear entire fuel subsidy

Bajaj April sales surge 34% MoM to 3.36L; mkt share at 19%

Income Tax dept collects Rs 6.96 lakh cr revenue in 2014-15

Shriram Trans sinks 16%, Morgan Stanley downgrades post Q4

The market was on fire fueled strongly by oil, FMCG and pharma stocks. The Sensex ended up 479.28 points or 1.8 percent at 27490.59 and the Nifty scaled the 8300-level. The 50-share index closed up 150.45 points or 1.8 percent at 8331.95. About 1954 shares advanced, 838 shares declined, and 153 shares were unchanged.

ONGC was up 8 percent while Bajaj Auot, Cipla, M&M and BHEL were major gainers in the Sensex. Among the laggards were ICICI Bank, Axis Bank and Tata Motors with marginal losses

Shares of Shriram Transport slumped 16 percent intraday after it announced disappointing March quarter results. Its net profit declined 73 percent to Rs 84.23 crore in Q4 of FY15. During the period, its net interest income stood at Rs 1,105.57 crore against Rs 975.95 crore year-on-year.

The tax department has issued demand notices to the tune of Rs 6,500-7,000 crore (around $1 billion) to foreign portfolio investors (FPIs), claiming payment of minimum alternate tax (MAT) on capital gains related to transactions on Indian stock

Sensex closes 215 points down, Nifty above 8200

Equity trading tips: Sensex closes 215 points down, Nifty above 8200

Marico Q4 profit jumps 24% to Rs 110 cr, volume growth 3%

Biocon Q4 net jumps 78% to Rs 201 cr on Syngene shares sale

US data, Fed caution keep pressure on world stocks, dollar

New listing on bourses: VRL Logistics debuts at 40% premium

Axis Bank rises 5%, brokerages say 'buy' post Q4 nos

Equity benchmarks continued their slide on Thursday, with the Nifty breaching the psychological 8200-mark and the Sensex slipping below 27,000.

The Sensex shed 214.62 points to close at 27011.31 after touching a low of 26897.54 intra-day. The Nifty fell 58.25 points to close at 8181.50, after hitting a low of 8,144.75 intra-day. For the truncated week, the Sensex was down 426.63 points or 1.55 percent and the Nifty by 123.75 points or 1.5 percent.

The market will be closed for trading on Friday because of Labour Day. The Sensex and Nifty have now fallen a little over 10 percent from their record high seen in early March. But opinion is divided on whether this is a good time to start buying shares.

MCG, IT, auto and metal shares were the prominent losers today. Banking shares rallied after a sedate start and were the best performers of the day.