Showing posts with label LIVE MARKET CALLS. Show all posts
Showing posts with label LIVE MARKET CALLS. Show all posts
Saturday, May 18, 2019
STOCK SHARES REVIEW
Saturday, March 16, 2019
STOCK MARKET REVIEW OF WEEK 12-15 MARCH 2019
The S&P BSE Sensex pared gains in late trade after hitting a
top of 38,254 during the day on March 15. The index rose above 38,000 for the
first time since September 17, 2018.The Nifty50 also reclaimed 11,400 for the
first time since September 18, 2018.NiftyBank touched yet another record high
of 29,520, led by gains in Kotak Mahindra Bank, IDFC First Bank, SBI, PNB,
Federal Bank, Bank of Baroda and ICICI Bank.Even RBI relaxed the PCA norms for
Bank of India, Bank of Maharashtra, Oriental Bank of Commerce, Allahabad Bank
& Corporation Bank subject to continuous monitoring. This would help in
credit growth for some of these PSU.Liquidity has given ammunition to the bulls
to charge ahead. Foreign investors have poured in more than Rs 14,000 crore in
Indian markets so far in March while domestic institutional investors have
pulled out nearly Rs 7000 crore in the same period.Nifty formed a bullish
candle on the daily charts which also resembled a ‘Shooting Star’ kind of
pattern while on the weekly charts, the index formed a bullish candle.Formation
of a Shooting Star pattern suggests a pause in momentum, but that still
requires confirmation. If the index closes below 11,370 on Monday then further
consolidation cannot be ruled out in the coming week.Contrary to this,
sustaining above 11,370 levels the Nifty can make an attempt to target the zone
of 11,550 – 600 levels in the week ahead.The
short term traders are advised to be
neutral on index and should shift
their focus to stock specific opportunities.
Wednesday, October 31, 2018
MARKET SUMMERY OF 31-OCT-2018
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The benchmark indices
settled around 0.5 per cent lower weighed by metal and private bank stocks.The
S&P BSE Sensex ended at 33,891, down 176 points while the broader Nifty50
index settled at 10,198, down 52 points. The benchmark indices settled
around 0.5 per cent lower weighed by metal and private bank stocks. The
S&P BSE Sensex ended at
33,891, down 176 points while the broader Nifty50 index settled at 10,198, down
52 pointsThe S&P BSE Sensex ended at 33,891, down 176 points while the broader Nifty50 index settled
at 10,198, down 52 points.Among sectoral indices, the Nifty Bank index ended 0.6 per cent lower led by
a fall in the shares of IndusInd Bank and ICICI Bank. The Nifty Metal index, too, settled 1.1 per cent lower
weighed by Coal India. However, Nifty PSU Bank index rose for the second consecutive day, ending
2.5 per cent higher led by Union Bank of India and Canara Bank.
In individual stocks, Bharat Petroleum Corporation (BPCL) ended around 4 per cent lower at Rs 265.65 on the BSE after the oil marketing company reported a 48.3 per cent decline in its net profit to Rs 12.1871 billion for the second quarter ended September 2018. Among other stocks, Reliance Industries (RIL) fell 2.7 per cent to Rs 1,058.90 on the BSE.CIn individual stocks, Bharat Petroleum Corporation (BPCL) ended around 4 per cent lower at Rs 265.65 on the BSE after the oil marketing company reported a 48.3 per cent decline in its net profit to Rs 12.1871 billion for the second quarter ended September 2018. Among other stocks, Reliance Industries (RIL) fell 2.7 per cent to Rs 1,058.90 on the BSE.
In individual stocks, Bharat Petroleum Corporation (BPCL) ended around 4 per cent lower at Rs 265.65 on the BSE after the oil marketing company reported a 48.3 per cent decline in its net profit to Rs 12.1871 billion for the second quarter ended September 2018. Among other stocks, Reliance Industries (RIL) fell 2.7 per cent to Rs 1,058.90 on the BSE.CIn individual stocks, Bharat Petroleum Corporation (BPCL) ended around 4 per cent lower at Rs 265.65 on the BSE after the oil marketing company reported a 48.3 per cent decline in its net profit to Rs 12.1871 billion for the second quarter ended September 2018. Among other stocks, Reliance Industries (RIL) fell 2.7 per cent to Rs 1,058.90 on the BSE.
TOP GAINERS: HDFC, UPL, TECHM
MAJORLOOSERS: MARUTI, TATASTEEL, COALINDIA
Monday, October 29, 2018
MARKET SUMMARY OF 29 OCT 2018
BUY TATAGLOBAL FUTURE ABOVE 222 TGT 224.50,229 SL 218
SELL GRANULES BELOW 99 TG 98.50,96 SL 102
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
SELL GRANULES BELOW 99 TG 98.50,96 SL 102
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
The S&P BSE Sensex reclaimed the
34,000-mark, ending at 34,067, up 718 points, while the broader Nifty50 index
settled at 10,251, up 221 points.Among key stocks, ICICI Bank settled
over 11 per cent to Rs 351.45 on the National Stock Exchange (NSE)
after the private sector lender reported better-than-expected results for
the September quarter of FY19.Divi’s Laboratories surged 15 per cent to end at Rs 1,444.20
on the NSE after the it reported a healthy 92% year-on-year (Y-o-Y) jump in its
net profit at Rs 3.98 billion in September quarter (Q2FY19), on back of strong
revenue growth. The company had a profit of Rs 2.07 billion in the year-ago quarter.In sectoral indices, Nifty PSU Bank index
post sharpest single-day gain in past one year, surging 8 per cent after a
media report suggested that the government expects some changes in the prompt
corrective action (PCA) framework prescribed by the Reserve Bank of India (RBI)
to enable more sanction of credit by PSU Bharti Airtel Ltd, India’s second-biggest wireless
carrier, is delaying a planned initial public offering of its Africa unit due
to the turmoil in emerging-market stocks, people with knowledge of the
matter said.
Wednesday, October 17, 2018
MARKET SUMMARY OF 17 OCT 2018
Snapping its
three-day winning streak, the domestic equity market slipped into the negative
territory on Wednesday amid heavy selling in auto and financial stocks. The
S&P BSE Sensex lost 383 points or 1 per cent to settle at 34,780
with YES Bank being the top loser (down nearly 7 per cent) and ITC (up over 1
per cent) the top gainer. The broader NSE's Nifty50 index lost 132 points or
1.24 per cent to end at 10,453. Bank stocks came
under pressure on the back of weekly expiry. The Nifty Bank Index
fell 401 points or 2 per cent to settle at 25,189. Auto stocks too tumbled
during the session with the Nifty Auto index ending 3 per cent lower
at 8,835. Shares of non-banking
financial companies (NBFCs), mainly housing finance companies (HFCs) were under
pressure with Repco Home Finance, Dewan Housing Finance Corporation (DHFL),
Indiabulls Housing Finance and Edelweiss Financial Services plunging up to 13%
on the BSE.Among individual stocks, Reliance Industries (RIL) ended over 1 per cent lower
at Rs 1,149 ahead of its Q2 results, due later in the day. In a Bloomberg
poll, seven analysts expect RIL to report consolidated revenue of Rs
1.40 trillion and 10 analysts expect RIL’s net income to be Rs 96.29 billion.
Monday, September 24, 2018
MARKET SUMMARY 24 SEP 2018
SELL UNIONBANK BELOW 72 TG 70,68 SL 74
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The
benchmark indices settled lower for the fifth straight session, falling 1.5 per
cent
weighed
by financial and automobile stocks.The S&P BSE Sensex ended at 36,305, down
537 points. The index had hit an intraday low of 36,216.95. The broader Nifty50
index settled at 10,975, down 168 points, hitting an intraday low
of 10,943.60.The bank stocks ended in red
with Nifty Bank index slipping 2.6 per cent due to fall in share prices of RBL
Bank and Punjab National Bank (PNB). The Nifty Auto index also fell 3.7 per
cent due to a fall in Mahindra & Mahindra and Eicher Motors.In the broader markets, the S&P BSE
MidCap index settled 2.4 per cent while the S&P BSE SmallCap index
slipped 2.7 per cent.
Tuesday, September 18, 2018
STOCK TIP TO TRADE FOR 19 SEP 2018
BUY JINDALSTEEL ABOVE 230 TG 235,242 SL 223
HEXAWARE CALL GIVEN IN LAST POST WAS NOT EXECUTED .
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The benchmark indices settled lower for the second consecutive
day, falling nearly 1 per cent on Tuesday tracking weakness in the global
markets.
The S&P BSE Sensex ended at 37,291, down 295 points while the
broader Nifty50 index
settled at 11,279, down 99 points.Among
sectoral indices, the Nifty PSU Bank index settled 5.4 per cent lower weighed
by a fall in Bank of Baroda (BoB), which slipped 17 per cent to Rs 112.20 on
the National Stock Exchange (NSE) after the government on Monday proposed to
create the country’s third-largest bank by amalgamating Dena Bank and Vijaya
Bank with much larger Bank of Baroda (BoB) in an all-stock deal. The banks’
boards are expected to meet in 10 days to take a callThe three
state-owned banks ‐ Bank of
Baroda, Dena Bank and Vijaya Bank ‐ saw a mixed reaction at the bourses on Tuesday, a day after the
government proposed to amalgamate them into a combined entity.
Friday, September 14, 2018
REASONS FOR UPTREND IN MARKET TODAY 14-09-18
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The
equity markets settled 1 per cent higher on Friday as the rupee recovered
against the dollar.The S&P BSE Sensex reclaimed the 38,000 mark to end at
38,091, up 373 points while the broader Nifty50 index settled at 11,515, up 145
points.In the broader markets, the S&P BSE MidCap settled 1.6 per
cent higher and the S&P BSE SmallCap rose 1.4 per cent.Among
sectoral indices, the Nifty Pharma index settled 2.5 per cent higher led by a
rise in the share prices of Divi's Laboratories and Piramal Enterprises. On the
other hand, the Nifty Bank index rose 1.3 per cent led by YES
Bank and IDFC Bank. "Ease in inflation and recovery in rupee added optimism in the market. Stability in yield and rupee will be crucial for the market momentum while investors
have continued to stay cautious due to global triggers. The global peers also
traded on a positive note in expectation of ease in trade tensions between US
& China.
Saturday, September 8, 2018
STOCK TIP TO TRADE FOR 10 SEP 2018
BUY STAR ABOVE 505 TG 512,525 SL
495
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The
benchmark indices ended higher on Friday aided by strong gains in automobiles
and metal stocks after the rupee firmed against US dollar.The S&P BSE
Sensex ended at 38,390, up 147 points while the broader Nifty50 index settled
at 11,589, up 52 points.
Among
the sectoral indices, the Nifty Auto index settled 2.2 per cent higher led by
a rise in the share prices of Hero MotoCorp, Bajaj Auto, Mahindra and
Mahindra, and Tata Motors. Nifty Metal index, too, rose 1.9 per cent led
by MOIL and Jindal Steel & Power.The rupee was trading higher by 24 paise to 71.75 against the US
currency in late morning deals on Friday due to sustained bouts of dollar
selling from banks and exporters.
Friday, August 31, 2018
STOCK MARKET SUMMARY 31-08-18
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The benchmark indices ended flat on Friday amid weakness in the rupee, which hit a new low breaching 71 per dollar mark for the first time earlier in the day.The S&P BSE Sensex ended at 38,645, down 45 points while the broader Nifty50 index settled at 11,680, up 4 points.Oil-to-telecom heavyweight Reliance Industries (RIL) settled 2.75 per cent lower at Rs 1,239 on the BSE.Among sectoral indices, the Nifty Pharma index rose 2.7 per cent led by a rise in Lupin and Dr. Reddy's Laboratories. The Nifty IT index, too, settled 1.8 per cent higher led by Tech Mahindra and MindTree. However, Nifty Bank index slipped 0.15 per cent due to a fall in YES Bank's shares. Shares of Larsen & Toubro (L&T) hit an over two-month high of Rs 1,374 per share, up 2%, gaining 11% in the past two weeks after the company announced a share buyback proposal. In comparison, the S&P BSE Sensex was up 2% during the same period. The stock was trading at its highest level since June 4, 2018, on the BSE.Engineering conglomerate L&T’s board on August 24 approved the company’s first buyback in its 80 years, for up to 4.29% of its paid-up equity capital, aggregating to a value of about Rs 90 billion.The company approved a proposal to buy back up to 60 million equity shares at a maximum price of Rs 1,500 per equity share for an amount of Rs 90 billion, L&T said in its statement to exchanges.
Tuesday, August 21, 2018
MARKET SUMMARY OF 21 AUG 2018
FOR LIVE MARKET CALLS FILL UP THE
FORM GIVEN HERE>>>>>
The benchmark indices
settled broadly flat on Tuesday amid firm Asian markets.
The S&P BSE Sensex settled at a fresh record closing high of 38,286, up 7 points, while the broader Nifty 50 index closed at a new high of 11,571, up 19 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,402.96. The Nifty50 index, on the other hand, touched its record high level of 11,581.75.Among sectoral indices, the Nifty Realty index slipped around 2 per cent due to fall in shares of Housing Development and Infrastructure and Unitech. On the other hand, Nifty Pharma index was the lead gainer, rising over 1.5 per cent led by Glenmark Pharmaceuticals and Piramal Enterprises. The total market capitalisation of BSE-listed companies touched a new high of Rs 156.89 trillion on Tuesday, after strong gains in heavyweight stocks from the information technology (IT), fast moving consumer goods (FMCG) and private lenders.Investor wealth of BSE-listed firms, measured by market capitalisation (m-cap), had seen a previous record high of Rs 156.57 trillion scaled on January 23, 2018, the BSE data shows.In absolute terms, top five companies – Tata Consultancy Services (TCS), Reliance Industries (RIL), Hindustan Unilever (HUL), Bajaj Finance and HDFC Bank - have collectively contributed Rs 5.58 trillion m-cap rise since January 23 levels. TCS (Rs 1.77 trillion) and RIL (Rs 1.68 trillion) accounted 62% of total m-cap gain by these five companies.
The S&P BSE Sensex settled at a fresh record closing high of 38,286, up 7 points, while the broader Nifty 50 index closed at a new high of 11,571, up 19 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,402.96. The Nifty50 index, on the other hand, touched its record high level of 11,581.75.Among sectoral indices, the Nifty Realty index slipped around 2 per cent due to fall in shares of Housing Development and Infrastructure and Unitech. On the other hand, Nifty Pharma index was the lead gainer, rising over 1.5 per cent led by Glenmark Pharmaceuticals and Piramal Enterprises. The total market capitalisation of BSE-listed companies touched a new high of Rs 156.89 trillion on Tuesday, after strong gains in heavyweight stocks from the information technology (IT), fast moving consumer goods (FMCG) and private lenders.Investor wealth of BSE-listed firms, measured by market capitalisation (m-cap), had seen a previous record high of Rs 156.57 trillion scaled on January 23, 2018, the BSE data shows.In absolute terms, top five companies – Tata Consultancy Services (TCS), Reliance Industries (RIL), Hindustan Unilever (HUL), Bajaj Finance and HDFC Bank - have collectively contributed Rs 5.58 trillion m-cap rise since January 23 levels. TCS (Rs 1.77 trillion) and RIL (Rs 1.68 trillion) accounted 62% of total m-cap gain by these five companies.
TOP GAINERS:UPL,TECHM,COAL INDIA
MAJORLOOSERS: TATASTEEL,BPCL,VEDL
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12-JULY-2019 MARKET SUMMARY
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