Share market tips : Nestle's Maggi ruled safe by Goa

Authorities in Goa said that Maggi noodles comply with food safety guidelines, in the first such ruling since the popular instant snack was pulled from stores after another state lab reported high lead contains percentage. Click Share market tips

Nestle was exhausted into its worst crisis in India when food safety inspectors in UP(Uttar Pradesh) found high lead content in some  samples of noodle. That resulted in a nationwide recall of Maggi noodles which authorities consider unsafe and risky.

The Swiss food and beverage maker challenged the findings in court, which previous week asked to retest of samples. On Wednesday, the Food and Drugs Administration of Goa said that they had sent Maggi samples to a local government-approved laboratory for testing. This is the total report and the lab testing shows that Maggi samples are in agreement with the food safety standards as per the Food Safety and Standards Guidelines, Goa FDA director Salim Veljee said Lead is below acceptable limits.

Free Stock Tips : Equity Market Analysis As On 4 Aug, 2015

Free stock tips - As per market theory, combination of Rahu with Saturn may attract profit booking in worldwide secondary capital market. Profit booking estimated in power, metal and infrastructure stocks in Indian stock market. Weakness is expected in Nifty, Bajaj Hindusthan and Tata Power Company.

Stocks under observation -

1. Asian Paints
2. Dolphin Offshore 

                                                      

Economic Market Analysis -
1. Bharat Forge 1st quarter total grows 34.7% to Rs 195.32 Crore.
2. Sensex close firm, Nifty below 8550; SBI up 4% ahead of RBI policy.
3. HCL Tech Q4 net up 5.9% to Rs 1783 cr, revenue meets street.
4. Alkem Laboratories to increase Rs 1,500-3,500 crore via IPO.
5. FinMin ready to give Rs 1,300 Crore for kerosene as subsidy.

Stock option tips : Today's Latest Equity Market News and Updates

1. Nifty ends more than 8500, Sensex rolls 409 pts; SBI gains 5%.

2. ICICI Bank Q1 profit rises 12%, retail loan rolls 25%, asset quality improves.

3. Titan Q1 net dips 15% to Rs 151 Crore ; Jewellery sales sink 11%. 

4. L&T 1st quarter profit seen up 4.5%, power biz may see improvement . 

5. Sun TV Q1 net up 19% to Rs 197.28 crore, ad revenue grows 16%.

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Share market tips : Sensex goes up by 260 pts

Share market tips - Today BSE Sensex spurted by over 260 points to 27,965.52 in early trade go on with the board buying by participants as the August series in the derivatives started on a positive note. 30-share index, which had gained 246.12 pts in the preceding two sessions, was up by 260.17 pts or 0.93 % to 27,965.52 with all the sectoral indices led by realty, healthcare and auto, were trading in positive zone.

On similar lines, the NSE Nifty was trading much by 83.85 pts or 1.00 % at 8,458.90. Brokers said that widening of positions by participants, following starting of the August F&O series and a firming movement at other Asian markets influenced trading sentiments.

From other Asian markets, Japan's Nikkei earned 0.12 % while Hong Kong's Hang Seng was up 0.44 % in early trade. The US Dow Jones Industrial Average closed 0.03 % lower in yesterday's trade. Click Here Share market tips

Share market tips : Todays Equity Market Analysis

Share market tips  

1. On Thursday, the  S&P  BSE  Sensex  ended  the  day  with 104.20 pts up,  0.38  %,  at 27,563.43  ahead  of  expiry  of  July  futures  and  options  (F&O)  contracts .
2. 
   Nifty-50  index  added  38.05 pts,  or  0.46  %,  to  resolve  at 8,375.05.
3. 
   Stock-specific action was seen as dozens of companies reported their June quarter numbers at the time of trading session.
4. 
   21 of the 30 Sensex stocks closed the day in the green. Tata Motors, Infosys and Lupin led the gainers on the index.
5. 
   Selling  seen  in  index  heavyweights  such  as  HDFC,  & Infosys BSE 0.05 % though capped the upside on the benchmark indices.
6. 
   During  the  trading  hours, Yes  BankBSE  2.65  %  shot  over  3  per  cent  in intraday  trade  after  the  company  announced  its  Q1  results.  The  Q1  PAT stood shot 25. 5 per cent, at Rs 551 crore vs Rs 439 crore YoY.
7. 
   SW Steel, Vedanta,  Essar Oil, JYes Bank and FMCG firms such as Nestle , Dabur India were scheduled to report their quarter earnings during the day.

Todays Equity Market Analysis & Latest Update

The  broader index Nifty  ended  the  day  down  24  points,  0.29  per cent, at 8,337. HeroMotoCorp, Dr  Reddy, led  the  losers'  chart  on  the  BSE  index,  down about 3 % each. 

The  BSE  Sensex  locked  the  session  down by 102.15  pts ,  or  0.37  %  at  27,459.23  in  a  choppy  session,  declining  for  the  fourth  straight trading day. 19 of the 30 sensex stocks closed the day in the green. 

The  upside  in  the  benchmark  indices  was  highly  capped  by  down  in stocks such as ONGC, Bharti Airtel , Tata Motors, Sun Pharma, and Wipro. CNX Realty fall around 3 % cent. DLF loose over 3 % in intraday level. 

The stock settled below the Rs 100-mark. Earlier in day, most Asian indices closed in the red, tracking an overall fall  in the  US  market. 

Carefully prevailed  amid  ongoing  concerns  over China's  slowing  economy  after  its  newly  data  suggested  a  fall  in  industrial profits and a reduction in PMI manufacturing readings.

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Pre-market : Nifty Opens Flat

Barring Hong Kong stock market (up 1.4%), the major Asian stock markets have opened the session on a negative note with markets in China (down 1.01%) and Singapore (down 0.7%), witnessing maximum selling pressures. The stock markets in US and European closed their session on a weak note yesterday. The rupee is trading at 64.05 per US dollar.

The Indian stock markets have the day on a flattish note. BSE-Sensex is trading down by 23points (down 0.06%) and NSE-Nifty is trading down by 7 points (down 0.08%). BSE Mid Cap is trading down by 0.23% while BSE Small Cap index is trading up by 0.18%. Sectoral indices have opened on a mixed note, with stocks from realty and metal pack witnessing maximum brunt. Stocks from consumer durables and capital goods are among the leading gainers.

The bank had reported an increase in its gross non-performing assets ratio at 3.78 per cent in March 2015 and had said a bulk of NPAs is coming from assets restructured earlier. The two accounts include Tulip Telecom worth Rs 7bn and Falcon Tyres worth Rs 3bn. Both have been declared as non-performing assets.