Sensex Recovers, Nifty above 7600; banks, infra, pharma up

Free Nifty Tips - Equity benchmarks rebounded in morning trade with the Sensex rising 54.63 points to 25099.06 and the Nifty climbing 22.55 points to 7633. About 1312 shares have advanced, 797 shares declined, and 150 shares are unchanged on the BSE. 

 

The market recouped early losses with the Nifty getting back above 7600 level, driven by banks, capital goods and pharma stocks. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.5 percent and 0.2 percent, respectively. The 30-share BSE Sensex fell 25.73 points to 25018.70 and the 50-share NSE Nifty rose 1 point to 7611.45. The market breadth was positive as about 1030 shares advanced against 875 declining shares on the BSE. 

 

Shares of Infosys, ICICI Bank, HDFC Bank, Sun Pharma, HUL, Maruti, Lupin and GAIL gained 0.5-1 percent while Tata Motors, TCS, M&M, Bharti Airtel and ONGC fell 1-3 percent.

Sensex rangebound, Nifty50 flat in skittish trade; Eros surges 4%

Free Nifty tips - The S&P BSE Sensex started traded in a range with a negative bias on Friday ahead of key IIP data, scheduled to be released later in the day. 

The 50-stock barometer Nifty50 came under pressure, but was still trading above its crucial psychological support level of 7,650.Shares of ITC, L&T, HDFC Bank, ICICI Bank contributed to the weakness seen on the BSE benchmark.

The broader markets outperformed the benchmark indices with the BSE midcap and BSE smallcap indices trading higher by 0.28 and 0.35 per cent, respectively. Among the sectoral indices, the BSE Metal index was the top perfomer gaining 1.31 per cent as base metals made a smart come back world over.The sentiment on the Street was positive with six of every ten stocks trading in the green.Shares of Texmaco Rail surged over 8 per cent while that of Eros International Media gained

Sensex 25,209, down 43 points, Nifty 7,672, down 12 points

Top Gainers: TATA STEEL (4.64%), VEDANTA LTD (1.80%) HINDALCO (1.65%), INFOSYS LTD (0.82%), RELIANCE IND. (0.62%)

Top Losers: ITC LTD (1.62%), ONGC (1.07%), L&T (0.97% ..

Havells shares surge 8% at close; mcap rises by Rs 1,422 crore

Havells Shares -  Shares of consumer electricals firm Havells IndiaBSE 8.05 % today ended with 8 per cent gains after it announced divestment of majority stake in European lightings operations Sylvania to Shanghai Feilo Acoustics for nearly 148.8 million euros (about Rs 1,090 crore).

 

 

 

The stock settled at Rs 305.35, up 8.05 per cent on BSE. During the day, it surged 10.22 per cent to Rs 311.50.At NSE, shares of the company soared 7.75 per cent to Rs 305.The company added Rs 1,421.79 crore to Rs 19,071.79 crore in market valuation.
 

In terms of volume, 19.43 lakh shares of the company changed hands at BSE and over one crore shares were traded at NSE during the day. In 2007, Havells had acquired Frankfurt-headquartered Sylvania for $300 million through its Dutch subsidiary Havells Netherlands.
 

The company will be selling 80 per cent each in Havells Malta BV and Havells Exim Ltd, Hong Kong. "Havells India has received an intimation from its wholly-owned subsidiary Havells Holdings, that it proposes to enter into definitive agreement with Shanghai Feilo Acoustics Co to divest 80 per cent stake in Havells Sylvania Malta BV, subject to shareholders and related approvals", the company said in regulatory filing.
 

Havells India also proposed to divest 80 per cent stake in its wholly-owned subsidiary Havells Exim Ltd, Hong Kong.

Nifty struggles below 7650, Sensex flat; Reliance, HDFC up

free Nifty tips - The market is consolidating after seeing more than 1100 points fall in previous six consecutive sessions. The Sensex rose 36.73 points to 25072.78 and the Nifty gained 8.45 points at 7620.95. The market breadth was positive as about 1285 shares advanced against 815 declining shares on the BSE. Lupin and Sun Pharma fell more than 2 percent followed by Tata Motors, ICICI Bank, Mahindra & Mahindra, Maruti Suzuki, SBI and BHEL with 1-1.8 percent losses. Reliance Industries, HDFC, NTPC, GAIL, Hindalco and Vedanta topped the buying list on Sensex, up 1-2 percent.

 The S&P BSE Sensex pared some of its gains after surging over 100 points in early morning trade on Thursday. The 50-stock barometer Nifty50 was trading around its crucial level of 7,650.
 

The broader markets traded mixed with the BSE midcap shedding 0.11 per cent in trade while the BSE smallcap index gained 0.36 per cent. Among the sectoral indices, the BSE Realty index was the top gainer, up 1.23 per cent. Realty stocks surged in trade, gaining up to 3 per cent after the Cabinet approved more than twenty amendments to the Real Estate (Regulatory) Bill, 2013 on Wednesday.
 

Shares of ABG Shipyard gained over 6 per cent in trade while that of Dish TV slumped over 3 per cent. Meanwhile, Vedanta and Hindalco traded higher by 2 per cent to become top gainers on the BSE benchmark.

Sensex ends 274 points lower, Nifty50 below 7,650; Vedanta sheds 5%, Tata Steel 3%

Stock Market Upadtes - The Domestic equity market saw a fresh bout of selling on Wednesday as investors grew increasingly concerned about a possible delay in the passage of the goods and services tax (GST) bill and the slump in crude oil prices. Market watchers may already be preparing themselves for another session of no-action on the GST front.

The S&P BSE Sensex slipped 274 points, or 1.08 per cent, to close at 25,036 while the 50-stock barometer Nifty50 ended at 7,612, down 89 points, or 1.12 per cent. Vedanta and Tata Steel were the top losers in the BSE benchmark.
 

Sensex: 25026.19, down 284 points; Nifty50: 7610.75, down 90 points


Top Gainers:
 

BHEL (2.2%), TCS (1.5%), ITC (0.7%), ONGC (0.4%)
 

Top Losers:
 

VEDANTA (5.7%), TATA STEEL (3.4%), COAL INDIA (3.2%), HINDALCO (3.2%), BAJAJ AUTO (2.7%)

Sensex slips 100 points, Nifty50 below 7,700;

Free Nifty Tips - The S&P BSE Sensex slipped 100 points on Wednesday following muted trend seen in other Asian markets and further slump in crude oil prices.
 

The Nifty50 slipped broke below its crucial psychological support level of 7,700. The broader market underperformed the benchmark indices with the BSE midcap and smallcap indices shedding 0.58 and 0.75 per cent, respectively. Among the sectoral indices, the BSE Telecom index was the top laggard, down 1.73 per cent.
 

Shares of Dr Reddy's slipped over 4 per cent in early trade after the company submitted its reply to the US drug regulator. Amtek Auto continued its rally from Tuesday gaining 3 per cent. BHEL gained 2 per cent, to become the top gainer on BSE Sensex.
 

Equity benchmarks continued to see selling pressure. The Sensex declined 92.42 points to 25217.91 and the Nifty fell 32.15 points to 7669.55. About 420 shares have advanced, 1790 shares declined, and 114 shares are unchanged on

Sensex Rangebound, Nifty50 tests 7,750; CIL down 2%

Free Nifty tips - The S&P BSE Sensex traded in a narrow range after slipped nearly 100 points in early morning trade on Tuesday, tracking Asian markets which were trading lower after weak handover from Wall St and rout in oil prices which plunge to near seven-year low.
 

The Nifty50 also traded rangebound and around its crucial psychological levels of 7,750.

The broader market traded with mild gains with the BSE midcap and BSE smallcap indices gaining 0.05 and 0.21 per cent, respectively. Among the sectoral indices, the BSE Metal was the top laggard, down 1.023 per cent
 

Extending its fall for the fifth straight session, the rupee dropped 11 paise to 66.84 against the US dollar in early trade on Tuesday, tracking weak trend in Asian currencies.
 

The domestic currency had closed at 66.73 against the greenback in the previous session on firm dollar demand from importers.
 

Tata Motors, Infosys, ITC, TCS and HUL are top gainers in the Sensex. Among the losers are Vedanta, ONGC, Hindalco, Coal India and Dr Reddys Labs.

Sensex, Nifty continue to struggle; NTPC, Coal India drag

free Nifty tips - The S&P BSE Sensex traded rangebound after surging over 100 points in the morning trade on Monday tracking similar gains seen in other Asian markets.

The Nifty50 was testing its crucial psychological level of 7,800.The broader market outperformed the benchmark indices with the BSE midcap and BSE smallcap indices gaining 0.16 and 0.6 per cent, respectively. Among the sectoral indices, the BSE Healthcare index was the top gainer up 0.73 per cent. The overall sentiment on the Street was positive with six ofe every ten BSE stocks trading in the green.
 

Shares of Tree House Education surged over 5 per cent while that of Sun Pharma gained over 2 per cent in early trade.
 

There seems to be no respite for the market as it reels under selling pressure. The Nifty is struggling below 7800. The 50-share index is down 26.85 points at 25611.26. The Nifty is down 0.45 points at 7781.45. About 1400 shares have advanced, 874 shares declined, and 105 shares are unchanged.

Sun Pharma continues to rally 3 percent while Tata Steel, Hindalco, HDFC Bank and Hero Motocorp are top gainers in the Sensex. Among the losers are ITC, NTPC, Coal India, ONGC and Dr Reddy's Labs.
 

Asian share markets bounced after Wall Street welcomed an upbeat US jobs report that suggested the world's biggest economy was well placed to handle an expected first increase in interest rates in almost a decade. Equity investors in Asia were also wary ahead of a bevy of Chinese data which are expected to show a still sluggish economy. Trade figures are due on Tuesday, followed by inflation on Wednesday and industrial output and retail sales.

Free nifty tips - Nifty Hovers Around 7800 Amid Pressure; Tata Motors Gains

 

Free Nifty Tips - Equity benchmarks remained under pressure. The Sensex fell 188.68 points or 0.73 percent to 25697.94 and the Nifty declined 63.70 points or 0.81 percent to 7800.45. About 1036 shares have advanced, 1120 shares declined, and 125 shares are unchanged on the BSE.
 

The market continued to see selling pressure in morning trade following global weakness post ECB policy. The Sensex fell 176.71 points or 0.68 percent to 25709.91 and the Nifty declined 60.40 points or 0.77 percent to 7803.75 due to selling in banking & financials, FMCG and technology stocks.
 

The broader markets outperformed benchmarks as the fall in Midcap and Smallcap indices was less compared to benchmarks. The market breadth was marginally negative as about 948 shares have advanced and 1075 shares declined on the BSE.
 

Tata Motors, Sun Pharma, Lupin, Bharti Airtel, Tata Steel, Coal India, Vedanta and Hindalco Industries bounced back, rising 0.3-0.8 percent.

The Market Has Extended losses Nifty is nearing 7850

 

Free Nifty Tips - The market has extended losses the Nifty is nearing 7850. The 50-share is down 46.55 points or 0.6 percent at 7884.80. The Sensex is down 157.79 points or 0.6 percent at 25960.06. About 1186 shares have advanced, 1087 shares declined, and 113 shares are unchanged.

Tata Steel, GAIL, Cipla, ITC and HUL are major laggards in the Sensex. Among gainers are NTPC,GAIL,Reliance,L&TandAxisBank.

The broader markets were marginally in red. The 30-share BSE Sensex fell 127.15 points to 25990.70 and the 50-share NSE Nifty declined 40.50 points to 7890.85. Asian stocks traded lower after US oil prices fell below USD 40 per barrel for the first time since August. A sell-off in US stocks sped up in late afternoon trade, after WTI crude settled USD 1.91 lower, or 4.6 percent, at USD 39.94 a barrel. Government data showed a tenth straight week of inventory build-up, adding to worries over a supply glut.

Shares of ITC, Lupin, Tata Motors, ONGC, HUL, Cipla, Dr Reddy's Labs and Tata Steel were down 1-2 percent.

Top News of Stock market on 3 Nov 2015

Free Nifty tips - The Market continued to consolidate due to lack of domestic as well as global cues. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gained 0.2 percent each. The 30-share BSE Sensex rose 9.52 points to 26178.93 and the Nifty advanced 1.80 points to 7956.70. The market breadth was positive as about 1169 shares advanced against 781 declining shares on the BSE. Metals stocks gained strength again.


Vedanta, Tata Steel and Hindalco Industries climbed 1-2 percent. Dr Reddy's Labs and Cipla were up over 1 percent while SBI and Bharti Airtel declined more than 1 percent.


Equity benchmarks turned negative as the Sensex fell 88.23 points to 26081.18 and the Nifty fell 35.55 points to 7919.35. About 1063 shares have advanced, 1216 shares declined, and 103 shares are unchanged on the BSE.


Nifty stocks are well-owned, and hence the next leg of growth will come from midcaps, says Bhuvnesh Singh, MD and head of India research at Barclays. He believes investors will have to sift through 500 stocks to get 20-50 winners. For long-term investors, he says internet companies are a good place to be in. But the problem is most of these companies are not listed, he adds. He believes there is lot of value in home improvement space and to that effect paint companies are still a good buy at current levels.

Sensex ends flat, Nifty50 above 7,950 as RBI holds rates;

free Nifty Tips - A dovish money policy from the Reserve Bank of India, which maintained status quo on policy rates on the expected lines, failed to lift the spirits on Dalal Street on Tuesday, as the benchmark indices closed flat.
 

At its fifth bimonthly rate review, the central bank maintained a dovish tone in its commentary on the economy, inflation and scope for further cuts. "The Reserve Bank will use the space for further accommodation, when available, while keeping the economy anchored to the projected disinflation path that should take inflation down to 5 per cent by March 2017,

Done with the RBI policy review, the domestic equity market will now stay glued to any clue and the actual outcome of the December 15-16 rate-setting meeting of the US Federal Reserve.
 

BSE benchmark Sensex ended 24 points, or 0.09 per cent, higher at 26,169 while the 50-stock barometer Nifty50 closed with gains of 20 points, or 0.25 per cent, at 7,955. Gains in Vedanta and Dr Reddy's Labs helped the BSE benchmark remain in the positive territory.

Sensex, Nifty flat As RBI Maintains Status ; Bharti down

Free Nifty Tips  - The market is still flat as the Reserve Bank of India (RBI) has maintained status quo in its monetary policy review. The Sensex is up 31.16 points at 26176.83 and the Nifty up 22.25 points at 7957.50. About 1399 shares have advanced, 839 shares declined, and 98 shares are unchanged.


Tata Steel, Vedanta, Dr Reddy's Labs, Wipro and Coal India are top gainers while Bharti, Axis Bank, Infosys, Hero and Tata are losers in the Sensex.

 

The RBI has kept benchmark repo rate unchanged at 6.75 percent, after lowering it by 50 basis points, or front-loading policy action in September. The RBI has cut repo rate four times (125 basis points) since January 2015. Current CRR and SLR stand at 4 percent and 21.5 percent respectively. Meanwhile, Maruti Suzuki's November sales missed analysts' expectations on Tuesday due to fall in mini cars segment
 

The country's largest car manufacturer said it has sold 1,20,824 vehicles in November, 9.7 percent over 1,10,147 vehicles sold in year-ago period, aided by passenger cars (especially compact cars).