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.

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).

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.

 

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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 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 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. 

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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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Nifty struggles to hold 8150; banks, FMCG laggards

The market is volatile as generally seen on F&O expiry day. The Sensex is down 48.70 points or 0.2 percent at 26991.06 and the Nifty is down 19.95 points or 0.2 percent at 8151.25. About 1162 shares have advanced, 884 shares declined, and 144 shares are unchanged.
 

Bank and FMCG stocks are under heavy selling pressure. BHEL, Axis Bank, Bharti Airtel, GAIL and Maruti Suzuki are major losers in the Sensex.
 

There is no reason why one should not grab Axis Bank at the current levels, suggests Dipen Sheth of HDFC Securities. He urges investors to look at all parameters like NIM, loan growth etc and not agonise over NPAs. Sheth calls the private lender responsible for admitting its September quarter asset quality concerns. He is also bullish on ICICI Bank , which also has stressed assets, and advises to own the two stocks with a 2-year time horizon. "We remain buyers,"
 

Oil prices tumbled, cutting short a rally the day before after hints of an interest rate hike in December by the US Federal Reserve boosted the dollar.

 

 

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Sensex slips over 100 points, Nifty below 8,250; HDFC, Vedanta down 2% each

The S&P BSE Sensex slipped over 100 points on Tuesday tracking weakness seen in other Asian markets.

 

The Nifty50 also started on a weak note and broke below its crucial psychological level of 8250.
 

The shares of Vedanta slipped about 2 per cent ahead of earnings while Hitachi cracked over 1o per cent. HDFC also slipped about 2 per cent post Q2 earnings.The broader markets outperformed the becnhmark indices with the BSE midcap index trading marginally higher by 0.12 per cent while the BSE smallcap index was down 0.05 per cent. Among the sectoral indices, the BSE Metals index was the top laggard, down 1.2 per cent.

The rupee inched 1 paise lower at 64.97 against the US dollar in early trade on Tuesday after home sales data released in the US overnight diminished hopes of a shift in the policy stance by the Federal Reserve in a two-day policy review, beginning later in the day. The domestic currency had depreciated 12 paise to close at 64.96 against the greenback in the previous session, led by dollar buying by domestic banks and importers. 

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