Sensex ends 17 points up, Nifty50 below 7,950; Infosys gains 2%

Nifty Updates - The Domestic stock market gyrated wildly in a range of 140 points in Monday's trade before closing slightly higher from Friday's close a day ahead of the fifth bimonthly money policy review by the Reserve Bank of India (RBI) and hours before the release of September quarter GDP growth numbers.

Muted trends seen in European and other Asian markets weighed on investor sentiments and made the 30-stock Sensex pare much of the gains to end the day at 26,145, up 17 points or 0.07 per cent. Infosys and Tata Motors were the top gainers on the BSE benchmark. The 50-stock Nifty50 closed at 7,935, down 7 points, or 0.09 per cent.

 

Sensex: 26217.99, up 90 points; Nifty50: 7956.40, up 14 points
 

Top Gainers:
 

INFOSYS (3.0%), ICICI BANK (2.6%), BAJAJ AUTO (2.1%), TATA MOTORS (1.7%), SBI (1.3%)
 

Top Losers:
 

BHARTI AIRTEL (1.6%), HDFC (1.5%), COAL INDIA (1.4%), RIL (1.3%), ONGC (1.3%)

Nifty still below 7950, Sensex sluggish; Sun Pharma down 1%

Free Nifty Tips - The market is very sluggish ahead of Q2 gross domestic product data to be announced today. The Sensex is up 0.80 points at 26129.00 and the Nifty is down 7.20 points at 7935.50. About 1396 shares have advanced, 724 shares declined, and 156 shares are unchanged.
 

Maruti, ICICI Bank, Tata Motors, Bajaj Auto and L&T are top gainers while Sun Pharma, HDFC, Bharti Airtel, ONGC and GAIL are major losers in the Sensex.
 

Equity benchmarks continued to consolidate in morning trade after rallying for previous two consecutive sessions. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices 0.3 percent and 0.6 percent, respectively.
 

The 30-share BSE Sensex rose 22.63 points to 26150.83 and the 50-share NSE Nifty fell 2.50 points to 7940.20. The market breadth was positive as about 1305 shares advanced against 548 declining shares on the BSE.
 

Banks, infrastructure and auto stocks continued to support market while oil and FMCG stocks lost ground. ICICI Bank, Tata Motors, L&T, Maruti Suzuki, Mahindra & Mahindra and Bajaj Auto gained 1-2 percent while Sun Pharma lost over a percent.

Sensex ends 169 points higher on GST hopes, Nifty50 a tad below 7,950

The Domestic equity market traded with smart gains on Friday bucking the weak trend seen in other Asian and European markets. The possibility of a breakthrough on the GST bill buoyed investor sentiments at the start of the December F&O series.


The S&P BSE Sensex ended the day 169 points, or 0.65 per cent, higher at 26,128 while the 50-stock barometer Nifty50 closed at 7,942, up 59 points or 0.75 per cent. The benchmark indices ended the week higher with the BSE Sensex climbing a per cent and Nifty50 1.10 per cent. Hindalco and SBI were the top gainers on the BSE benchmark.

WHAT TOP EXPERTSARE SAYING:

People should increase exposure in India, Japan, China:

Maintain Buy on United Spirits; target of Rs 4,050:

Maintain Outperform on SKS Micro; set target of Rs 520:

 Sensex: 26111.32, up 152 points; Nifty50: 7936.30, up 52 points

Top Gainers:

HINDALCO (3.6%), SBI (2.6%), L&T (2.3%), VEDANTA (2.0%), ICICI BANK (1.9%)

Top Losers:

LUPIN (1.4%), TATA MOTORS (1.0%), RIL (0.9%), BAJAJ AUTO (0.8%), GAIL (0.7%)

Nifty eyes 7950, Sensex firm; ITC & Dr Reddy's fall 1%

Free nifty tips - The market continues to see good buying in December series as the Nifty eyes 7950. The 50-share index is up 42.35 points or 0.5 percent at 7926.15. The Sensex is up 127.51 points or 0.5 percent at 26086.14.About 1198 shares have advanced, 596 shares declined, and 139 shares are unchanged.
 

Tata Steel, ICICI Bank, M&M, Axis Bank and Cipla are top gainers while Dr Reddy's Labs, ITC,GAIL, Maruti and Lupin are major losers.
 

Reliance Infrastructure's shares gained 1.4 percent intraday on top of a 3.3 percent rise in previous session. A a media report indicated that the company is in talks with Aditya Birla Group company for stake sale in cement units.
 

"The Aditya Birla Group's cement company, UltraTech Cements, is in talks to take over cement units of the Anil Ambani-owned Reliance Infrastructure," a media report says quoting unnamed sources.
 

Anil Dhirubhai Ambani Group company's cement units are likely to fetch an enterprise valuation of Rs 5,000-5,500 crore, the report adds.

 

Read More - Free nifty tips

Sensex ends 182 points higher, Nifty50 above 7,850

The domestic equity market traded with smart gains on Thursday bucking the muted trend seen in other Asian and European markets. Ahead of the expiry of November F&O series, which expired at the end of the trading session, investors initiated fresh positions on the benchmark indices.

The S&P BSE Sensex ended the day with gains of 182 points, or 0.71 per cent, at 25,958 while the 50-stock barometer Nifty50 closed at 7,884, up 52 points, or 0.6 per cent. Tata Motors and Sun Pharma were the top gainers on the BSE benchmark, up 5.6 and 4 per cent, respectively.

Shares of Dr Reddy's Labs closed with losses of 8 per cent after the USFDA suggested that future approvals of its generic products may be under threat if the company does not comply with safety regulations.

Shares of Sun Pharma surged 4 per cent at close, snapping a four-day losing streak, after the drugmaker informed BSE that its subsidiaries have dropped a plan to invest in a wind energy project in the US.

BUZZING STOCKS:

Dr Reddy's Laboratories slumped 10 per cent in trade.

DLF surged over 5 per cent in trade.

Natco Pharma surged over 13 per cent in trade.

Videocon climbed over 5 per cent in trade.

Sun Pharma surged over 4 per cent in trade.

Tata Motors was up about 2 per cent in trade.

Opto Circuit rallied over 9 per cent in trade.

Shree Renuka Sugars dipped about 3 per cent in trade.

SPARC gained over 5 per cent in trade.

Sensex gains 150 points, Nifty50 above 7,850:DRlcracks 9%, Sun Pharma gains 2%

free Nifty tips - The S&P BSE Sensex rose 150 points in morning trade on Thursday ahead of November month's F&O expiry today.
 

The Nifty50 also managed to reclaim its crucial psychological level of 7,850.
 

The broader market also mirrored the gains seen on the benchmark indices with the BSE midcap and BSE smallcap indices gaining 0.29 and 0.55 per cent in trade. Among the sectoral indices, the BSE Realty index was the top gainer, up 1.57 per cent. The sentiment on the Street remained positive with six of every ten BSE stocks trading in the green.

Sensex: 25925.58, up 149 points; Nifty: 7874.40, up 42 points


Top Gainers:

SUN PHARMA (3.8%), COAL INDIA (2.3%), TATA MOTORS (2.0%), HINDALCO (1.7%), ICICI BANK (1.4%)
 

Top Losers:
 

DR. REDDYS LAB (6.2%), MARUTI SUZUKI (1.0%), GAIL (0.4%), TCS (0.4%), HERO MOTOCORP (0.2%)

Sensex & Nifty consolidate ; HUL, ONGC, Coal India Are Gainers

Free nifty tips - The market is still down as the Sensex is up 26.28 points or 0.1 percent at 25845.62. The Nifty is up 3.65 points at 7852.90. About 1327 shares have advanced, 845 shares declined, and 164 shares are unchanged.

ONGC, HDFC, HUL, Coal India and Reliance are top gainers while Maruti Suzuki, Sun Pharma, Infosys, Tata Motors and L&T are losers.

Equity benchmarks continued to consolidate ahead of expiry of November futures & options contracts due on Thursday. The broader markets maintained outperformance for the second consecutive session today.

The 30-share BSE Sensex rose 30.35 points to 25849.69 and the 50-share NSE Nifty advanced 5.35 points to 7854.60. The market breadth was positive as about two shares advanced for every share declining on the Bombay Stock Exchange.

HDFC was the leading contributor to Sensex's gains, up 1.6 percent followed by Reliance Industries, HDFC Bank, Axis Bank, ONGC, HUL and Lupin with 0.5-1 percent. Infosys, Maruti Suzuki, Tata Motors, ITC, Sun Pharma, TCS and ICICI Bank declined 0.3-1 percent.

Nifty Ends Tad Below 7850, Sensex flat; ITC, Hindalco fall

Free Nifty Tips - Equity benchmarks trimmed losses. The BSE Sensex fell 25.80 points to 25842.69 and the NSE Nifty declined 1.40 points to 7855.15. About 1440 shares have advanced, 1128 shares declined, and 184 shares are unchanged on the BSE.
 

Shares of Brigade Enterprises gained 6.4 percent intraday on launch of real estate project Plumeria at Brigade Meadows in Bangalore. Plumeria at Brigade Meadows, a part of 60 acre integrated enclave, offers 2 & 3 bedroom luxury homes with sizes ranging from 1110 to 1630 square feet, the company said in its filing. The company expects revenue of Rs 450-500 crore from this project.
 

The market extended losses in afternoon trade with the Sensex falling 90.57 points to 25777.92 and the Nifty down 23.05 points to 7833.50. The broader markets continued to outperform benchmarks as the BSE Midcap and Smallcap indices gained 0.3-0.5 percent. Asian Paints and Adani Ports rallied 2 percent each as the Bombay Stock Exchange will add both stocks to Sensex with effect from December 21. Vedanta and Hindalco Industries, which will be removed from the index, fell 3 percent and 4 percent, respectively. The market breadth remained positive as about 1366 shares advanced against 1144 declining shares on the BSE.

Nifty holds 7850, rupee at 2-week low; ITC, Hindalco fall

Free nifty tips - The market is still flat with auto stocks riding high while metals and FMCG are in red. The Sensex is up 14.86 points at 25883.35 and the Nifty is up 6.45 points at 7863. About 1358 shares have advanced, 766 shares declined, and 128 shares are unchanged.

The market continued to consolidate in morning trade due to lack of cues but the broader markets outperformed benchmarks. The BSE Midcap index gained 0.3 percent and Smallcap advanced 0.7 percent.

The 30-share BSE Sensex fell 11.49 points to 25857.00 and the 50-share NSE Nifty rose 0.55 points to 7857.10. The market breadth was positive as about two shares advanced for every share declining on the Bombay Stock Exchange.

Hindalco Industries and Vedanta topped selling list on Sensex, down more than 2 percent followed by ITC, Infosys, Sun Pharma, Cipla and Tata Steel with 0.5-1.6 percent. Hero Motocorp, Bajaj Auto, Wipro, Dr Reddy's Labs and BHEL gained 1-2 percent.

Advanta gained 4 percent but UPL lost 1 percent after the merger deal. UPL is going to merge Advanta with self, says the global generic crop protection, chemicals and seeds company, adding Advanta shareholders will get one equity share and three preference shares for every share held.

Among midcaps, Vakrangee, Godfrey Phillip, Responsive Industries, SpiceJet and HSIL rallied 5-10 percent while Sun Pharma Advanced, Whirlpool, Page Industries, Max India and Bombay Dyeing fell 2-2.5 percent.

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Sensex rallies over 150 points, above 26,000; Nifty above 7,850; GAIL gains 4%

The S&P BSE Sensex rallied over 150 points after a tepid start on Friday tracking mixed trend seen in other Asian markets.

The Nifty50 also traded above its crucial psychological level of 7,850.

The broader market mirrored the gains seen on the benchmark indices with the BSE midcap and BSE smallcap indices rising 0.7 and 0.8 per cent, respectively.

Among the sectoral indices, the BSE Oil & Gas index was the top gainer, up 1.9 per cent. The sentiment on the Street remained positive with six of every ten BSE stocks trading in the green.

Sensex: 26,039.53, up 198 points; Nifty: 7,903.50, up 61 points

Top Gainers:

GAIL (11.7%), BAJAJ AUTO (2.8%), VEDANTA LTD (2.4%), WIPRO (2.2%), TCS (2.1%)

Top Losers:

SUN PHARMABSE -1.78 % (1.7%), ITCBSE -1.48 % LTD (1.1%), HINDALCO (0.4%), AXIS BANK (0.4%), TATA MOTORSBSE -0.86 % (0.3%)

WHAT TOP EXPERTS ARE SAYING:

Maintain Neutral on Dr Reddy's Lab; set target of Rs 4,000: Credit Suisse

Maintain Buy on Infosys; set target of Rs 1,325: BofA ML

Strong support for Nifty50 seen at 7,700; hold on to long positions: Mitesh Thacker

Nifty hits 7900, Sensex rises over 150 pts; ITC, TCS up 2%

free nifty Tips - The market is surging higher. The Sensex is up 185.73 points or 0.7 percent at 26027.65, and the Nifty is up 62.25 points or 0.8 percent at 7905.00. About 1446 shares have advanced, 715 shares declined, and 171 shares are unchanged.
 

GAIL, Wipro, M&M, SBI and TCS are top gainers while Sun Pharma, ITC, Bharti and Hindalco are among losers in the Sensex.
 

Lack of leadership, given the global turmoil, is impacting the market adversely, says Andrew Holland, CEO of Ambit Investment Advisors. Speaking to CNBC-TV18, Holland says the China’s government need to work more on the fiscal policy front to aid recovery in global markets.
 

On the corporate earnings, he says that despite the reform work done by the Modi government, it will take time for earnings to bounce back.
 

However, he is positive that earnings will start picking up from next year. Lack of investment and outflows in India is due to the emerging markets (EMs) phenomenon, he says adding that the market will see FII inflows from the new year. 

Sensex rallies over 300 points, Nifty50 above 7,800

The S&P BSE Sensex surged over 400 points in morning trade on Thursday tracking positive trend seen in other Asian markets, after minutes from US Federal Reserve suggested that a rate hike is possible in December.

Sensex: 25808.95, up 326 points; Nifty: 7826.20, up 94 points

Top Gainers:

BAJAJ AUTO (3.2%), HDFC(2.7%), INFOSYS (2.5%), VEDANTA (2.4%), ICICI BANKBSE 2.27 % (2.4%)

TopLosers:

DR. REDDYS LAB (3.2%), SUN PHARMA (1.7%), COAL INDIABSE -0.36 % (0.4%)

BUZZINGSTOCKS:

Dr Reddy's Labs cracked over 7 per cent in trade.

Amtek Auto surged over 8 per cent in trade.

Gati was up about 4 per cent in trade.

Shree Renuka Sugars was down over 7 per cent in trade.

Balrampur Chini slumped over 8 per cent in trade.

Reliance Power was down about 2 per cent in trade.

KEC gained about 6 per cent in trade.

Titagarh Wagons surged over 4 per cent in trade.

Eros Media was up over 4 per cent in trade.

Sensex rises 250 pts, Nifty firm; Infosys, ICICI gain 2%

 

After initial weakness, the market has catapulated into higher terrain. The Nifty is sitting above 7800, up 75.30 points or 0.9 percent. The Sensex is up 250.96 points or 0.9 percent at 25733.48. About 1514 shares have advanced, 583 shares declined, and 151 shares are unchanged.

Equity benchmarks continued to see buying interest led by short covering on positive global cues. The Sensex rallied 158.48 points or 0.62 percent to 25641 and the Nifty rose 47.10 points or 0.61 percent to 7778.90. The broader markets also gained strength with the BSE Midcap and Smallcap indices rising 0.5 percent and 0.8 percent, respectively.

The market breadth too was positive as about 1316 shares have advanced against 446 declining shares on the BSE. Index heavyweights like ICICI Bank, Infosys, HDFC Bank, HDFC, Reliance Industries, ITC and L&T continued to support market in morning trade, up 0.7-1.4 percent. Auto stocks were also in demand as Maruti Suzuki, M&M, Bajaj Auto and Hero Motocorp gained 1-2 percent after Hero says retail sales crossed record 10 lakh units in festive season, up 11 percent year-on-year.

Dr Reddy's Labs topped selling list, down 4.6 percent as the drug major is caught in a probe concerning possible violation of federal security laws. Lundin Law PC has announced that it is investigating claims against Dr Reddy’s Laboratories concerning possible violations of federal securities laws. Sun Pharma, Lupin, ONGC, NTPC and Tata Motors lost marginally. 

Read More - Free Nifty Tips

Sensex Marginally Higher; ITC Leads Again, Infosys Drags

 

Free Nifty Tips -  Equity benchmarks maintained early gains. The Sensex gained 89.78 points at 25849.88 and the Nifty rose 25.55 points to 7832.15. About 1304 shares have advanced, 768 shares declined, and 141 shares are unchanged on the BSE.

The market continued to see buying interest, aided by banking & financials, FMCG, metals and infra stocks. However, the correction in Infosys limited upside. The Sensex rose 80.66 points to 25840.76 and the Nifty climbed 23.30 points to 7829.90. The broader markets marginally outperformed benchmarks; the BSE Midcap and Smallcap indices gained 0.4 percent and 0.6 percent, respectively.

The market breadth was also positive as about 1158 shares have advanced against 618 declining shares on the BSE. ITC continued to top contributor to Sensex's gains, up 2 percent. Vedanta, Hindalco, GAIL, BHEL and Sun Pharma rallied 1.5-3 percent.

Infosys lost 1.66 percent on margin warning for second half of FY16. Dr Reddy's Labs plunged over 2 percent and Bharti Airtel fell over a percent.

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Nifty above 7750, Sensex flat; Infosys down, SBI & ITC gain

The Sensex is up 4.51 points at 25615.04, and the Nifty is down 0.90 points at 7761.35. About 1065 shares have advanced, 1090 shares declined, and 128 shares are unchanged.

Dr Reddy's Labs, ICICI Bank,ITC, Bharti Airtel and SBI are top gainers in the Sensex. Among the losers are Infosys, ONGC, Tata Motors, TCS and Bajaj Auto.

The market remained under pressure in morning trade with the benchmark indices falling half a percent. The broader markets also declined with the BSE Midcap and Smallcap indices down 0.3-0.4 percent. The market breadth too was weak as about 1079 shares declined against 789 advancing shares on the BSE.

The 30-share BSE Sensex fell 116.46 points to 25494.07 and the 50-share NSE Nifty declined 38.60 points to 7723.65. Shares of Fragrance maker SH Kelkar & Company have seen strong buying interest on listing day.

The stock has opened at Rs 216 on the National Stock Exchange, up 20 percent over its issue price of Rs 180. It touched an intraday high of Rs 225.05, up 25 percent.

Infosys topped selling list on Sensex, down 2.6 percent followed by TCS, HDFC, Tata Motors, Axis Bank, ONGC, Bajaj Auto and Coal India with 1-1.5 percent loss.

Crude oil futures edged up following the deadly attacks on Paris, but prices remained near August lows and oil and other commodities are expected to continue under broad pressure in nervous trading. Both crude benchmarks, which lost 8 percent last week, saw high levels of activity in early trading as commodity traders looked nervously for direction following the deadly attacks in Paris on Friday.

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Nifty struggles below 8000, Sensex weak; Bharti falls 2%

The market continues to reel under pressure, as the the Sensex is down 130.83 points or 0.5 percent at 26422.09, and the Nifty down 45.40 points or 0.6 percent at 7994.80. About 751 shares have advanced, 1388 shares declined, and 91 shares are unchanged.
 

Hero MotoCorp, Coal India, NTPC, HUL and Maruti are top gainers while Bharti Airtel, Tata Steel, Vedanta, Sun Pharma and Axis Bank are losers in the Sensex.
 

Gold held near a one-month low and looked likely to drop below the USD 1,100-an-ounce level after Federal Reserve Chair Janet Yellen bolstered market expectations for a US interest rate hike in December.
 

Yellen pointed to a possible December interest rate lift-off and laid out what now appears the base case at the US central bank - that low unemployment, continued growth and faith in a coming return of inflation means the country is ready for higher interest rates. Other Fed officials also voiced similar opinions, sending non-interest-paying bullion lower for a sixth straight session on Wednesday.
 

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Sensex, Nifty trim gains; Tata Motors zooms, Eros up again

 

The Market trimmed some early gains, weighed by TCS, ICICI Bank and Axis Bank. The 30-share BSE Sensex rose 119.23 points to 26709.82 and the 50-share NSE Nifty advanced 26 points to 8086.70.
 

The broader markets also traded in line with benchmarks; the BSE Midcap was up 0.6 percent and Smallcap gained 0.5 percent. Two shares advanced for every share declining on BSE.


Tata Motors surged more than 5 percent on strong JLR US sales data. October JLR sales in US surged 76.1 percent at 8,187 units from 4,650 Units in year-ago period. Its Land Rover US sales were up 97.6 percent at 7,199 units in October from 3,643 Units year-on-year. However, Jaguar's sales was down 1.9 percent at 988 units from 1,007 units (Y-o-Y).


Eros International gained 6 percent again today. Rajesh Exports, HSIL, Jain Irrigation and Ratnamani Metal were other top midcap gainers, up 3-5 percent.


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Sensex Maintains Steady Gains, up 100 points; Nifty tests 8,100

Sensex: 26,679.93, up 120 points; Nifty: 8,081.15, up 30 points

 

The S&P BSE Sensex continued to trade above 100 points as the market tracked the gains seen in other Asian markets and the rally seen in the US markets overnight.
 

The gains in the BSE benchmark was supported by the surge in NTPC (up 3%), Hindalco (up 2%), Vedanta (1.2%) and M&M (1%).


The 50-stocks barometer Nifty50 was also trading above its crucial psuchological cupport level of 8,050 supported by gains in metals, banks and power stocks.


The broader market imitated the rally seen on the benchmark indices with the BSE midcap index rising 0.4 per cent while the BSE smallcap index rose 0.7 per cent.

The sentiment on the Street continued to remain upbeat with seven of the ten BSE stocks trading in the black. Among the sectoral indices, the BSE Metal index was the top gainer, up 1.1 per cent.

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Sensex slips over 200 points, Nifty tests 8,000; Titan cracks 6%

The S&P BSE Sensex slipped over 200 points tracking muted trends seen in other Asian markets.
 

The Nifty50 slipped below its crucial support level of 8,000 for the first time since October 1, the index has slumped over 300 points in the past 6 sessions.


The broader market mirrored the weakness seen in the benchmarks as the BSE midcap index was down 0.3 per cent while the BSE smallcap index traded lower by 0.25 per cent.


The shares of automakers surged up to 3 per cent in early morning trade after October sales data indicated strong demand appetite among consumers for automobiles.


The shares of Coffee Day Enterprises slumped about 15 per cent after listing on the bourses. The stock was listed at Rs 315, down 4 per cent below its issue price of Rs 328. "It can only be a long-term story, not a short-term story because the valuation comfort is not there,

Sensex: 26441.76, down 215 points; Nifty: 8010.25, down 55 points

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