NSE BSE Live Market Updates, Free Share Market Tips

Showing posts with label Equity Market. Show all posts

Nifty consolidates ahead of F&O expiry; Asian Paints surges 7%

Equity benchmarks continued to trade higher amid consolidation with the Nifty holding 8600 level ahead of expiry of July derivative contracts.

The 30-share BSE Sensex was up 77.26 points at 28101.59 and the 50-share NSE Nifty rose 15 points to 8630.80. The broader markets outperformed benchmarks.

The BSE Midcap and Smallcap indices gained 0.7-0.8 percent as about two shares advanced for every share declining on the Bombay Stock Exchange.

Asian Paints shares rallied 7 percent after its first quarter (April-June) earnings surpassed analysts' expectations with consolidated profit growing 18.7 percent year-on-year to Rs 553 crore, boosted by operational performance.

Read our more services below:

Nifty Options Tips

CapitalStars Giving 2 Days Free Trial Calls..... Hurry Up

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-05 JULY 2016

Gap down opening on the cards

Indian Indices:

Indian equity benchmarks may witness a negative opening on Tuesday with traders likely to resort to profit taking after a six-day rally while weakness across most fellow Asian equities. SGX Nifty is trading at 26.50 points down.

The focus today will be on the June Services PMI data which will offer further cues over the health of Asia’s third biggest economy. India's NSE index rose to a 10-month high on Monday as Tata Motors rallied after posting stellar auto sales for June, with broader sentiment underpinned by a continued recovery in global markets from Britain's shock vote to leave the European Union..The S&P BSE Sensex and CNX Nifty rose 0.51%-0.49% each.

On Monday (July 04, 2016), the 30-share Sensex climbed by 133.85 points or by 0.49% to close at 27278.76, while the NSE Nifty ended at 8370.70 up by 42.35 points or by 0.51%.

Global Market:

Asian shares snapped a five-day winning streak on Tuesday as investors took stock of a rally driven by hopes that central banks will provide more stimulus to offset a likely downturn triggered by Brexit.

US Stock market were closed on account of Independence Day.

European shares ended a four-day winning streak on Monday, with battered banking stocks offsetting gains among mining shares boosted by higher metals prices.

Major Headlines of the day:

•ICICI Bank sells Essar steel loan exposure to Edelweiss ARC.

•Ramco Cements gets green nod to expand power plant in TN.

•JSW cement, Nirmal among buyers for Lafarge assets.

Trend in FII flows: The FIIs were net buyers of Rs 182.28 Cr in the cash segment on Monday while the DIIs were net buyers of Rs 377.45 Cr, as per the provisional figures.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

HDFC Life's IPO plan put on hold post-merger deal with Max

HDFC Standard Life has put on hold its IPO plan after announcing takeover of Max Financial Services , a listed company, and Max Life Insurance.

HDFC Standard Life today proposed to merge Max Life and Max Financial with itself.

As per the deal, there would be two schemes of amalgamation. First, Max Life will merge into Max Financial and then the merged entity would amalgamate into HDFC Life.

The company that would exist would be HDFC Life, which will automatically get listed on stock exchanges as it has merged a listed entity with itself.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

Nifty opens above 8150, Sensex gains over 150pts;HDFC, Maruti up

The market opened in green riding high on positive global markets. The Sensex is up 140.51 points or 0.5 percent at 26665.97, and the Nifty up 35.90 points or 0.4 percent at 8176.65. About 393 shares have advanced, 82 shares declined, and 28 shares are unchanged.

Dr Reddy's Labs, Tata Motors, HDFC, Maruti and Tata Steel are top gainers in the Sensex.

The Indian rupee opened flat at 67.20 per dollar on Friday versus previous close of 67.21.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-16 JUNE 2016

INDIAN BENCHMARKS Muted start likely on weak global markets.

Indian shares are likely to open on a bearish note as the global cues look subdued with SGX Nifty trading 25.50 points lower.

Indian Indices:

Indian benchmark indices are likely to open flat on Thursday tracking muted cues from Asian peers after the Federal Reserve Chair Janet Yellen refrained from hiking interest rates citing concerns over UK’s upcoming referendum on exiting the European Union. The caution may prevail ahead of policy decision by the Bank of Japan (BoJ) and Bank of England (BoE). Losses in the CNX Nifty Index Futures for June delivery which rose by 0.5 points to 8,212.50 at 10:34 AM Singapore time also signal that Dalal Street may open flat today. Oil companies will remain in focus after petrol price was hiked by 5 paise a litre and diesel by Rs 1.26 a litre on Wednesday.

On Wednesday, the Indian benchmark indices rebounded strongly amid value buying by investors tracking firm cues from other Asian markets. Support also came with recovery in rupee and Cabinet approval to new civil aviation policy and merger of five associaties with SBI. However, uncertainty over Fed decision on interest rates and the Bank of Japan’s policy decision capped up move. The BSE SENSEX closed at 26726.34, up by 330.63 points, or by 1.25 per cent, and the NSE Nifty ended at 8206.6, up by 97.75 points, or by 1.21 per cent.

Trend in FII flows: The FIIs were net sellers of Rs – 108.23 Cr in the cash segment on Wednesday while the DIIs were net buyers of Rs 234.10 Cr, as per the provisional figures.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

Sensex, Nifty, Midcap hold early gains; L&T leads, ICICI weak

‪Equity benchmarks as well as broader markets remained positive on Asian cues and short covering after 4-day fall. Infra, telecom, auto, FMCG and select banking & financials gained while ICICI Bank, HDFC, TCS and Dr Reddy's Labs fell.

The Sensex rose 101.75 points to 26497.46 and the Nifty climbed 28.75 points to 8137.60. The market breadth was also positive as about three shares advanced for every share falling on BSE.

L&T, State Bank of India, Bharti Airtel, Hero Motocorp and NTPC gained 1-2.5 percent.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-13 JUNE 2016

INDIAN BENCHMARKS Bearish start seen on global chaos.

Indian Indices:

Indian shares are likely to open on a bearish note as the global cues look subdued with SGX Nifty trading 71 points lower. Indian benchmark indices are likely to kick-off week on bearish note on Monday tracking weak cues from US and Asian stock amid lingering concerns about UK referendum and US Fed decision. Slower-than-expected growth in factory output numbers released post market hours of Friday may also weigh on market sentiments. Losses in the CNX Nifty Index Futures for June delivery which declined by 81 points to 8,116 at 10:34 AM Singapore time also signal that Dalal Street may open lower today.

The Index of Industrial Production (IIP) data for the month of April came in at a disappointing (-) 0.8 per cent, dragged down primarily by the manufacturing sector, which contracted by 3.1 per cent over the same month in 2015. On Friday, the Indian benchmark indices extended their loosing spree led by sharp losses in realty and auto stocks as caution prevailed in the market ahead of IIP data for April which is scheduled to be released later in the day. Investors also maintained cautious amid lingering concerns about UK referendum and US Fed decision. The BSE SENSEX closed at 26635.75, down by 127.71 points or by 0.48 per cent, and the NSE Nifty ended at 8170.05, down by 33.55 points or by 0.41 per cent.

Trend in FII flows: The FIIs were net sellers of Rs - 201.32 Cr in the cash segment on Friday while the DIIs were net buyers of Rs 165.62 Cr, as per the provisional figures.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-10 JUNE 2016

Flat opening seen for Indian markets

Indian Indices:

Flat opening on D-street mirroring weakness in the Asian shares as participants remain edgy on worries regarding a UK referendum that could push Britain out of the European Union. SGX Nifty is trading at 4.00 points lower.

The focus of investors now turns to Friday’s industrial output data for April 2016 which may offer further cues over the health of the country’s economy.

India's benchmark Sensex fell nearly 1% on Thursday, its biggest single-day fall in three weeks, as caution set in ahead of the US Federal Reserve meeting, while Infosys slumped on worries about its outlook. The S&P BSE Sensex and CNX Nifty fell 0.95%-0.84% each today.

Global Market:

Asian shares pulled back on Friday as investors sought refuge in safe-haven assets amid festering concerns over the June 23 referendum that could see Britain exit the European Union.

U.S. stocks pared earlier losses but ended in negative territory, snapping a three-day win streak as oil futures pulled back from 10-month highs.

European shares fell for a second straight day on Thursday, weighed down by weakness among commodities-related stocks, while Essentra plunged after a profit warning.

Major Headlines of the day:

• RCom worst in telcos' call drop test at Hyderabad.

• Tata Communications installs 8k ATM units across the country.

• Visa Steel seeks shareholder nod for merger of joint venture firm.

Trend in FII flows: The FIIs were net buyers of Rs 234.2 Cr in the cash segment on Thursday while the DIIs were net sellers of Rs -317.74 Cr, as per the provisional figures.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-09 JUNE 2016

Indian markets tend to open higher

Indian Indices:

Indian benchmark indices are seen opening higher on Thursday tracking overnight gains in US stock and extend a rally as monsoon had hit the Kerala coast. SGX Nifty is trading at 8.50 points up.

The market is likely to sustain bullish momentum as US Fed decision to hike borrowing costs in the world’s biggest economy only gradually, potentially putting a June rate hike off the table

Indian shares ended flat on Wednesday as investors booked profit in recent outperformers, but defence stocks rose after the United States recognised the country as a 'major defence partner' during Prime Minister Narendra Modi's ongoing US visit. The S&P BSE Sensex and CNX Nifty gained 0.01%-0.08% each.

Global Market:

Asian stocks edged up on Thursday after modest gains on Wall Street overnight, while a weaker dollar buoyed commodities such as gold and crude oil.

The Dow Jones Industrial Average rose for a third straight session Wednesday to close above the psychologically important 18,000 for the first time in over a month as oil rallied to an 11-month high.

European shares fell on Wednesday after two straight days of gains, as a drop in Italian bank UniCredit and Austrian bank Erste knocked financial stocks.

Major Headlines of the day:

• IOC, MRPL pay $330 mn more in 2nd tranche to Iran.

• Infosys Finacle to power Paytm banking.

• JSW Steel logs highest-ever monthly production.

Trend in FII flows: The FIIs were net buyers of Rs 529.16 Cr in the cash segment on Wednesday while the DIIs were net sellers of Rs -257.76 Cr, as per the provisional figures.

Read our more services below:

CapitalStars Financial Research Financial Advisory Services

www.capitalstars.com |T:+91-731-6790000,6669900