Tuesday, 31 March 2015

Equity trading tips: Sensex up 517 pts, Nifty ends tad below 8500

Equity trading tips: Sensex up 517 pts, Nifty ends tad below 8500; banks lead

BHEL, Crompton, Ahluwalia, TRIL, Centum up 2-19% on orders

Rail freight on grains, coal, cement to increase from Apr 1

Crompton Greaves bags Rs 115 crore order from Power Grid

Shakti Pumps aims at capacity utilisation of 65-70% in FY16

Reliance Power's Sasan UMPP fully

The S&P BSE Sensex surged over 500 points in the fag end of the trading session on Monday, to snap its eight-session losing streak, led by strong buying seen in frontline stocks such as HDFC, ITC, HDFC Bank, L&T and Axis Bank.

Most technical analysts are not reading too much into today's up move and sees it as more of a technical pull back rally, and till the time 8500-8520 levels on Nifty is not crossed comfortably, there is always a possibility of markets falling towards support levels.

Tracking the momentum, the 50-share Nifty index also managed to rally over 150 points, but closed shy below its crucial psychological level of 8500, supported by gains in auto, banks, capital goods, FMCG and realty stocks.

The 30-share index surged as much as 559 points to reclaim its crucial psychological level of 28000 in trade today. The index finally closed at 27975.86, up 517.22 points or 1.88 per cent.

The 50-share Nifty index ended at 8492 up 150.90 point or 1.81 per cent. It touched a high of 8504.55 and a low of 8380.75 in trade today.

Monday, 30 March 2015

TRAI seeks to regulate net-based calls

Equity trading tips: Sensex, Nifty close flat; banks lead, telecom & FMCG fall

Power Grid to invest Rs 2,000 cr for transmission projects

Tax deducted at source and actual tax liability may differ

Drugs to cost upto 30%of price at Jan Aushadhi stores

TRAI seeks to regulate net-based calls, messages

IndiGo heads towards $400 mn IPO as travel booms

Land ordinance: Decision on proroguing Parl today

Govt plans $10-billion push for chip manufacturing

Gas price reduced from $5.61 to $5.01 a unit

Friday, 27 March 2015

Nifty ends F&O expiry below 8350

Nifty ends F&O expiry below 8350, Yemen woes drag Sensex 654 pts

Bharti up 2%; CLSA retains high conviction buy post auction

Australia's IAG to up stake in SBI Gen Ins from 26% to 49%

'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'

CDR package for Pipavav Defence may go through today

Rising tensions in Middle East took a toll on Dalal Street that saw panic sell-off in late trade, with benchmark indices breaking below their support levels in a stock market that has been struggling to hit upon cues for some time now.

Saudi Arabia-led coalition of Arab nations has launched air strikes in Yemen to push back Houthi rebels. This led to a spike in oil prices that jumped 6% to $59.70 a barrel.

Sensex ended the day at 27,604.37, down 507.46 points. Nifty ended the day at 8,383.80, down 147 points.

HIGHLIGHTS

BSE market cap falls below Rs 1 lakh crore mark.Nifty logs worst fall since January 6 .- PNB has slipped over 32% this year

Companies with heavy foreign institutional holdings led the declines. HDFC fell 5%, ICICI Bank fell 1.4%, HDFC BankBSE -2.58 % fell over 2% - Telecos rose intraday: Bharti AirtelBSE 0.98 % gained 1.2%; Idea gained 1.8% on hopes of winning key 900 Mhz spectrum.

For More Information Click here: equity trading tips

Thursday, 26 March 2015

Sensex closes 50 points down; NTPC plunges 3%

Sensex closes 50 points down; NTPC plunges 3%

IPCA Labs receives USFDA import alert for 2 more units

FIPB clears 10 FDI proposals worth Rs 2,858 crore

HC gives SpiceJet time to settle fleet de-registration case

Tata Motors approves Rs 7,500-cr rights issue; to give six for every 109 held

Sensex at 28,111.83; down 49.89 points. Nifty at 8,530.80; down 12.15 points.

Top gainers

SUN PHARMA (1.4%), TATA MOTORS (1.4%), WIPRO (1.3%), ICICI BANK (1.2%), M&M (1.1%)

Top losers

NTPC (-3.5%), GAIL (-2.7%), COAL INDIA (-2.6%), L&T (-2.5%), SBI (-1.9%)

Hindustan Construction surged nearly 8% intraday on Rs 217-crore arbitration award

JSW Energy gained 2% intraday after BNP Paribas starts coverage with 'buy'

SpiceJet slipped 5% intraday as Irish aircraft leasing firms approach court

IPCA Labs plunged 13% intraday on USFDA import alert

Godrej Properties rallied over 6% intraday on Pune township project, saw bulk

Wednesday, 25 March 2015

Sun Pharma, Ranbaxy up 2% on final

Equity trading tipsSensex slips for 5th day; Tata Motors down 3.4%, banks drag

Sun Pharma, Ranbaxy up 2% on final CCI nod for merger deal

India to grow at 7.8% in 2015-16; surpass China: ADB

Aarti Drugs tanks 17% on import alert for Maharashtra unit

Govt to allot coal mines to PSUs on Tuesday

RBI allows Sun to transfer Ranbaxy's overseas investments

The S&P BSE Sensex extended losses for fifth straight session led by losses in auto, banks, capital goods and FMCG sectors. The market is likely to consolidate with negative bias ahead of the March series F& expiry, say analysts.

The 30-share index ended at 28,161.72, down 30.3 points or 0.11 per cent. It touched a high of 28,455.32 and a low of 28,130.09 in trade today.

The Nifty closed at 8,542.95, down 7.95 points or 0.09 per cent. It touched a high of 8,627.75 and a low of 8,535.85 in trade today.

Tata Motors (3.42 per cent), Hindalco (1.51 per cent), Hindustan Unilever (1.33 per cent), SBI (1.31 per cent) and Hero MotoCorp (1.08 per cent) were among the index losers.

Bharti AirtelBSE 2.86 % (up 3.43 per cent), GAIL (up 1.82 per cent), Sun PharmaBSE 1.55 % (up 1.78 per cent), Dr Reddy's LaboratoriesBSE 1.73 % (up 1.72 per cent) and Sesa Sterlite (up 1.52 per cent) were among the Sensex gainers.

The market breadth was negative on the BSE with 1,107 gainers against 1,702 losers.

Tuesday, 24 March 2015

Sensex ends marginally lower, Nifty holds 8550

Equity trading tipsSensex ends marginally lower, Nifty holds 8550; NTPC up 3%

JSPL tanks 15% after govt cancels bids for 3 coal blocks

GMR Holding ties up Rs 1,250 crore for GMR Infra rights issue

India telecoms' debt rises on record spectrum spend

Oil prices drop after Saudi Arabia says it will not cut output alone

See Rs 4500/sq ft realization from Panorama: Brigade Ent

The market closed marginally lower on Monday. The Sensex shed 69.06 points to 28192.02 and the Nifty lost 20 points to 8550.90. More than two shares declined for every share advancing on the Bombay Stock Exchange. State-run power equipment maker BHEL fell nearly 4 percent.

ICICI Bank, Infosys, Reliance Industries, HDFC Bank, SBI, ITC, Axis Bank and Wipro were down 0.5-1.7 percent. However, Hindalco and NTPC topped the buying list, up 3 percent each. ONGC, Hero Motocorp, GAIL and Sesa Sterlite gained 1-1.7 percent.

The government is on course to meet its fiscal year 2014-15 deficit target of 4.1 percent it outlined in the Union Budget in February, expenditure secretary R Wattal told CNBC-TV18. This is despite the government likely falling short of meeting its telecom-receipts target of Rs 43,161 crore in the Budget. Of the telecom receipts, the government had forecast about Rs 12,000 crore from the ongoing spectrum auction, which may not accrue this year.

For More Updates Click Here: Stock Market News

Saturday, 21 March 2015

Sensex, Nifty drag; ICICI Bank, M&M shed 3%


Sensex, Nifty drag; ICICI Bank, M&M shed 3%

The OECD expects 7 pct China growth in 2015, urges freer yuan

Power cos under-recoveries to touch Rs 4500 cr post coal auction

Macquarie retains underperform on BHEL, wary of order flow

Brent climbs towards $55 on weaker dollar; supply concerns limit gain

The market ended lower dragged mostly by capital goods and FMCG stocks. The Sensex is down 208.59 points or 0.7 percent at 28261.08. The Nifty is down 63.75 points or 0.7 percent at 8570.90.

About 770 shares have advanced, 2104 shares declined, and 168 shares are unchanged. Only IT index ended in green. Wipro, Infosys, Coal India, Dr Reddy's Labs and TCS are top gainers in the Sensex. Among the losers are NTPC, ICICI Bank, BHEL, M&M and GAIL.

Amidst differences over regulation of money market between RBI and the government, the central bank today said there is a need to examine various related issues connected with issuance of public debt.

Wipro, Infosys, Hindalco, HDFC and TCS are top gainers while NTPC, BHEL, GAIL, M&M and ICICI Bank are major losers.

After much controversy and procedural wrangles, the Mines and Minerals (Development and Regulation) Amendment Bill, 2015, was passed by the Rajya Sabha with all parties, barring Congress and the Left, supporting it.