We are provide NSE BSE Live Market Research Calls !!! Free
Gain More Profit ....No lose
Earn 3000-4000 daily
Register Your Mobile No.... CLICK HERE


INDIAN BENCHMARKS Weak earnings drag markets lower: Nifty maintains 7800
Indian stock markets ended lower on Monday following a spate of disappointing corporate results, including from InterGlobe Aviation, and after a business survey showed manufacturing growth fell its lowest in four months. The S&P BSE Sensex and CNX Nifty fell 0.66%-0.56% each today.

Indian Indices:

The key domestic benchmarks witnessed selling pressure on Monday and ended in negative terrain, tracking a sell-off in global stock markets, curbing the lure for risky assets.
On the domestic front, a mixed Q4 corporate earnings season has failed to ease concerns over sluggish business sentiment in Asia’s third biggest economy. ICICI Bank tumbled nover 4 per cent after reporting weak Q4 earnings and unveiling details on corporate exposure. The Nikkei/Markit Manufacturing Purchasing Managers' Index fell to a four-month low of 50.5 in April from 52.4 in March. The broader NSE Nifty fell 0.56 percent to 7,805.90 points. The index hit its lowest since April 13 earlier in the session. In the bullish trade, the BSE Sensex touched intraday high of 25565.44 and intraday low of 25341.14 The NSE Nifty touched intraday high of 7829.8 and intraday low of 7777.3.
Extending previous session losses, the BSE SENSEX closed at 25436.97, down by 169.65 points, or by 0.66 per cent, and the NSE Nifty ended at 7805.9, down by 43.9 points, or by 0.56 per cent.

Global Markets:

U.S. stock index futures poised for a lower opening at the Wall Street on Monday.

European equities bounced back on Monday after sharp declines in the previous session, with German shares outperforming the broader market after a positive manufacturing survey report.

Among the Asian stocks, markets in China and Hong Kong were closed today, that in Japan tumbled over 3 per cent as a jump in the yen eroded the appeal of exporter stocks while dismal April manufacturing data raised fears of a worsening contraction in the world’s third biggest economy.

Major Headlines of the day:
L&T Fin rallies on stellar Q4 net profit
Ashok Leyland April 2016 sales grow 21% YoY
Cholamandalam Investment surges as Q4 net zooms
HDFC Q4 profit boosted by sale of Investment

Trend in FII flows:   The FIIs were net  sellers of  Rs -434.93 Cr in the cash segment on Monday  while the DIIs were net buyers of  Rs 109.56 Cr, as per the provisional figures

Read our more services below:
CapitalStars Financial Research Financial Advisory Services | T:+91-731-6790000,6669900 2015-08-04 10-27-20

No comments:

Post a Comment