Wednesday, 27 May 2015

Sensex ends 112 pts down, Nifty below 8350; BHEL jumps 5%

Equity trading tips: Sensex ends 112 pts down, Nifty below 8350; BHEL jumps 5%

PNC Infratech debuts higher but fails to hold gains

Dish TV beats forecast, turns corner with Q4 net at Rs 35cr

Tech Mah Q4 seen down 11.4%; wage, currency may hit margins

India Inc raises Rs 11,500 cr via rights issue in 2015

MAMPL exits DIAL, GMR airports acquires its 10% stake

The 30-stock benchmark Sensex ended the day at 27,531.41; down 112.47 points. The broader 50-share Nifty ended at 8,339.35; down 30.90 points.

On Sensex, 16 stocks closed in the red. Sectorally, oil and gas index was the biggest loser, down 1%.

BHEL was the top gainer among Sensex stocks, surging over 5% in intraday trade after the company reported Q4 PAT at Rs 888 crore.

This was the second consecutive day of fall on Dalal Street, with Nestle cracking 5.78% in intraday trade following reports that Uttar Pradesh FDA may file a criminal case against the company in one week's time. The stock pared losses in later trade.

Tata Motors fell 1 percent, down for a second session amid expectations its January-March earnings due later in the day could disappoint due to sluggish sales at unit Jaguar Land Rover in China.

Rupee rolled on with its losing streak for a second straight day and hit day's low of 63.98 versus the US dollar, down 40 paise.

Tuesday, 26 May 2015

Sensex, Nifty drop 1%; Vedanta, HDFC, Tata Steel top losers

Equity trading tips: Sensex, Nifty drop 1%; Vedanta, HDFC, Tata Steel top losers

ITC slips 3%; analysts say cigarette volume pressure to remain

CLSA downgrades Tata Steel, wary of margins; stock falls 2%

Sebi mulls system-driven disclosure regime for listed firms

DLF targets Rs 4,000 crore new sales bookings this fiscal

BHEL Q4 profit seen down 57.5% at Rs 783 cr: CNBC

That sinking feeling! The 30-stock Sensex ended the day in red at 27,643.88; down 313.62 points. The broader 50-share Nifty closed the session at 8,370.25; down 88.70 points.

Of the 30 Sensex stocks, 25 ended the day in red. Sectorally, BSE metals index was the top loser; down 1.73%.

ONGC emerged as the top gainer among Sensex stocks, up over 2%. Vedanta was the top loser, down nearly 4%. Canara Bank took a sudden plunge after the bank announced its Q4 results. The stock cracked nearly 5%.

Tech Mahindra slipped nearly 5%, and was the top loser on Nifty. The company will announce its quarterly results tomorrow. Q4 net profit is seen 10% down at Rs 724 crore.

Caution also prevailed ahead of gross domestic product growth data due on Friday. Domestic shares have been on a solid path so far this month, recovering from a volatile April amid continued hopes of an economic recovery.

Monday, 25 May 2015

Equity trading tips: Sensex up 148 pts, Nifty ends above 8450

Equity trading tips: Sensex up 148 pts, Nifty ends above 8450

SBI drags 3%, Punj Llyod soars 15%

Britannia Industries soars 12% on Q4 nos, margin improves

RBI gives more leeway to banks on NPAs sales

FY16 fiscal situation comfortable: Govt sources

ITC Q4 net seen up 10%, cigarette volumes may fall 9-10%

The market ended with good gains supported by infra, oil, IT and pharma stocks. The Sensex was up 148.15 points or 0.5 percent at 27957.50 and the Nifty ended 37.95 points or 0.4 percent at 8458.95.

About 1205 shares have advanced, 1515 shares declined, and 160 shares are unchanged. HDFC, TCS, Sun Pharma, ONGC and L&T were top gainers in the Sensex. Amogn the losers are SBI, Hindalco, Wipro, Axis Bank and Tata Power.

Sentiment was also boosted after the country's largest lender SBI reported decline in bad loans, and strong Q4 profits despite higher provisioning. This led to expectations that the entire banking sector will turn the corner, going ahead.

Sensex: 27,957, up 148 points;

Nifty: 8,459, up 38 points

Friday, 22 May 2015

Nifty ends at 8421, Sensex flat; Bajaj Auto up 7%, ITC weak

Equity trading tips: Nifty ends at 8421, Sensex flat; Bajaj Auto up 7%, ITC weak

Bajaj Auto Q4 net falls 18.5% on weak volume; expenses hurt

SBI Q4 net seen up 14%; NII growth, slippages eyed: Poll

Strides Arcolab to buy Aspen's generic biz in Australia

Tata Steel tanks 5% on dismal Q4 nos; analyst cut target

M&M to buy stake in Mitsubishi Heavy's farm machinery unit

The market ended on a tepid note. The Sensex ended down 27.86 points or at 27809.35 and the Nifty slipped 2.25 points at 8421.00. About 1180 shares advanced, 1513 shares declined and 182 shares were unchanged.

Tata Steel ended with 5 percent loss. Vedanta fell 3 percent while Cipla, ICICI Bank and ITC were major laggards. Bajaj Auto was up 7 percent while Coal India, Axis Bank, L&T and HUL were gainers.

The stock markets have entered a consolidation mode, keenly awaiting the June 2 monetary policy review by the RBI, which is widely expected to ease lending rates in the backdrop of weak factory output growth and a benign inflation scenario. The benchmark indices opened the session with gains, but slipped into the red soon after as FMCG, metals, oil and gas sector shares came under selling pressure.

They traded in a very narrow range throughout the session, with the broader Nifty cutting losses to claw its way back past the crucial 8400 levels.

Forecasts of a timely monsoon have also strengthened hopes that the central bank would cut rate on June 2 to spur investment and consumption.

Thursday, 21 May 2015

Sensex closes 192 pts up, Nifty above 8,400 mark

Equity trading tips: Sensex closes 192 pts up, Nifty above 8,400 mark

Rupee hits day's low of 63.87 against US dollar

Bharat Forge takes sudden plunge post Q4 show

Nikkei back to 15-year highs, above 20100 level

Libor rigging: UBS to settle probe, pay $545 mn

Gold slides to 1-week low | Brent crude @ $64

Value buying by investors and foreign funds, who had been selling Indian equities over the past several sessions, helped the markets close with handsome gains. After days of extreme volatility, markets finally appear to be consolidating.

Markets now await the monetary policy review of the RBI, which meets on June 2, for a definitive directional cue. The central bank is widely anticipated to ease rates on the back of weaker industrial output growth and benign inflation scenario.

The broader Nifty, too, gained over 70 points, but the key indices pared some gains as the trading session progressed. The gains were mostly led by technology and banking shares.

Sensex @ 27,837.21, up 191.68 points. Nifty @ 8,423.25, up 57.60 points.

BUZZING STOCKS:

 Man Infra spiked nearly 4% after reports it may sell stake in realty project to Dilip Shanghvi.

Wednesday, 20 May 2015

Nifty ends day in red after reclaiming 8,400 in intraday deals

Equity trading tips: Nifty ends day in red after reclaiming 8,400 in intraday deals

Tata Power Q4 net seen at Rs 91 cr led by Mundra 13

See double-digit growth in infra sector ahead: CMIE

Colgate Palmolive Q4 net up 23.7% at Rs 163.6 cr 5

Exiting wind biz to focus on other projs: Techno Electric

Vodafone returns to quarterly sales growth

Indian markets ended the day in the red after flip-flopping between red and green zones through the day in an about 100-point range. The broader 50-share Nifty reclaimed 8,400 for the first time since April 24 in intraday trade, but ended the day below that psychological mark.

Sensex @ 27,645.53; down 41.77 points.

Nifty @ 8,365.65; down 8.00 points.

BUZZING STOCKS

HOEL rallies over 9% intraday as Oil Ministry and DGHC approve commerciality of Dirok block in Assam

NBCC gains over 5% intraday after the company undertook the task of developing four Waqf Board properties as institutional and commercial projects, with an estimated cost of Rs 398 cr

Premier Explosives surges over 5% intraday as the company has received Industrial Licenses from the DIPP for manufacturing of certain ammunition.

Tuesday, 19 May 2015

Sensex gains 363pts, Nifty ends above 8350; DRL, HDFC surge

Equity trading tips: Sensex gains 363pts, Nifty ends above 8350; DRL, HDFC surge

Asian Paints Q4 lower than estimates, net up 19% at Rs 341 cr

NSE to auction government debt worth Rs 2,684 crore today

Tata Coffee surges 11%, Q4 net jumps 2-fold on sales growth

FPIs pull out Rs 17,000-crore in two weeks on MAT worries

EPC contribution to revenue at Rs 40-50 cr: Gammon Infra

The Indian markets saw heavy buying towards the end of the trade, ending the day with second consecutive session of gains. Blue-chips rose after forecast of a timely monsoon raised hopes that the Reserve Bank would lower interest rates in June.

The volatility index (VIX) ended the day @ 17.90. The index slumped over 15% in intraday trade to hit a low of 16.77.

On May 13, India VIX rose as high as 21.4, its highest since February 25 with no major event in sight.

Last time VIX came closer to 21 was ahead of last Budget. It rose to 39.3 in May 2014 ahead of Modi's landslide election win.

Sensex @ 27,687; up 363 points.

Nifty @ 8,373; up 111 points.