Foreign portfolio investors (FPIs) bought Rs 730.02 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 115 crore. Stocks To Watch HDFCLIFE is on the upside while DABUR is on the downside. HDFCLIFE is currently quoting at Rs.417.10 up by Rs 12.55 or 3.10% from its previous closing of Rs.404.55 on the NSE. The NSE stock has touched a 52 week high of Rs.548.25 on 14-MAY-2018 & a 52 week low of Rs.344.40 on 28-JAN-2019. The stock after trading in a channel from last 8 month has broken the upper level and likely to remain bullish in the coming days. DABUR is currently quoting at Rs.382.80 down by Rs.-15.30 or -3.84% from its previous closing of Rs.398.10 on the NSE. The NSE stock has touched a 52 week high of Rs 490.65 on 27-AUG-2018 & a 52 week low of Rs 362.60 on 05-NOV-2018. The company reported a fall of 6.46 percent in consolidated net profit to Rs 371.49 crore for the fourth quarter ended March 2019. The stock is likely to remain in selling pressure in nearby further. Share Market News 30-April-2019 IT Leads Recovery In The Market, Nifty, Sensex Ends On flat Note Negative manufacturing data of China hampered global market sentiments which in turn reflected on the Indian share markets. After an election leave markets started on a negative note where Sensex was down by 60.31 points while the Nifty declined by 27.20 points and started at 11727.50. On the sectoral front, The banking stocks had witnessed the selling pressure. Yes bank was among the most beaten stocks in the opening session today, with a major beating of 25% in a single session. However, on the contrary, FMCG was trading in the green zone and looked promising. In the afternoon session, blood bath was seen on the D-street, where every stock with some or other negative sentiments got punished badly. The overall market was seen under pressure where nifty slipped below 11700 mark and Sensex traded down by 208 points. IBULHSGFIN, YESBANK, INDUSINDBK, JETAIRWAYS, DHFL were the most sold stocks and were down by 5 percent or more. On the broader level, Mid and small-cap indices were also seen under pressure and were down by one percent or more. IT sector was the only exceptional case today as it has managed to survive even in the blood bath and was seen trading in the green. Though overall weakness was seen in the market throughout the day, the IT sector emerged as a brave warrior which helped Nifty to recover post afternoon session. Owing to solid buying in the IT space Nifty managed to sustain above 11700 mark. Closing today’s trade Nifty marked 11748.15 level, whereas the Sensex was at 39031.55. Considering the election concerns, market participants were seen shifting their investment preference to IT sector. IT stocks offer the rupee movement benefits which makes them darling to the investors when it comes to the uncertainty in the domestic macros. Other than IT, metal and Media sector were among the top performers today. On the broader level, Mid & Small-cap indices closed in negative zones. Further, auto sales numbers for April and the outcome of FOMC meet (May 1, 2019) will remain on the radar for the fellow investors. Top Gainers JSWSTEEL by 5.41% to Rs 309.90. ,ZEEL by 4.06% to Rs 434.65 ,IOC by 3.70% to Rs 158.50, HCLTECH by 3.53% to Rs 1,180.00, TATASTEEL by 2.60% to Rs 559.45. Top Losers YESBANK By -29.70 % to Rs 166.75 , IBULHSGFIN by -6.40% to Rs 691.20 ,INDUSINDBK by -5.80% to Rs 1,600.30, HEROMOTOCO by -3.80% to Rs 2,505.05.,INFRATEL by -3.79% to Rs. 262.55. Analysis Of Top Gainer And Loser JSWSTEEL is the top gainer in today's market session, After the strong performance posting in Q4 by Tata steel, The market participants are expecting the same with the JSW steel thereafter a strong buying was seen in today's trade, Stock was up nearly 6 percent. YESBANK is the top loser in today's market After many brokerage firms downgraded the stock and cut target price after the lender reported surprise quarterly loss and guided to lower growth in the ongoing financial year. Key Market News The Finance Ministry has approved 8.65 percent rate of interest on Employees' Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO The government has hiked the customs duty on wheat to 40 percent from 30 percent to curb imports and protect the domestic industry. China Manufacturing Purchasing Managers Index (PMI) recorded at 50.1. China Caixin Manufacturing Purchasing Managers Index (PMI) recorded at 50.2. Foreign portfolio investors (FPIs) sold Rs 70.73 crore worth of domestic stocks on Friday,DIIs were net buyers to the tune of Rs 921 crore. Stocks To Watch GREAVESCOT is on the upside while AMBUJACEM is on the downside. GREAVESCOT is currently quoting at Rs.149.00 up by Rs 8.70 or 6.20% from its previous closing of Rs.140.30 on the NSE. The NSE stock has touched a 52 week high of Rs.165.00 on 04-SEP-2018 & a 52 week low of Rs.111.05 on 24-OCT-2018. The company is likely to post strong Q4 result which is scheduled on 2nd May, In today's trade, The stock moved with strong volume highest in last 30 trading session and has shown a strong price action AMBUJACEM is currently quoting at Rs.220.25 down by Rs.-5.75 or -2.54% from its previous closing of Rs.226.00 on the NSE. The NSE stock has touched a 52 week high of Rs 252.75 on 30-APR-2018 & a 52 week low of Rs 188.35 on 31-OCT-2018. The company is likely to post a weaker set of number as compare to peers, As the company doesn't have its presence in the south which has witnessed higher price hike of cement and overall the chart seems week. Share Market News 25-April-2019 In the Chppy Trade, Nifty ends below 11,700; crude tops $75 Following the mixed Asian cues and weak US markets, Indian share market started off on a flat note. Ultratech cement carried its momentum ahead and opened on the higher levels as expected. Along with that, Grasim, Power Grid, HDFC Bank and HCL Technologies were also seen in the green zone. In the morning session, Sensex gained by 25.62 points to reach 39,080.30 whereas Nifty50 rose marginally by 0.70 points to 11,726.90. On the sectoral front, Media & Reality were the top performers however Auto stocks continued their drag down for succeeding sessions. In the afternoon session, the market resumed yesterday's patterns and traded at day's high. The rally was highly supported by cement sector which remained the outperformer throughout the session. UTCL was among the highest gainers from cement pack. Moreover, Banknifty has also cherished market by trading above the 30,000 mark. During the session, Sensex was trading at 39213.29 up by 0.41 percent and Nifty was at 11785 Mark. On Sectoral front, Energy, Reality & Pharma seemed to be strong, However, Metal, & Auto were weak. On the broader market level, Nifty Mid & Small Cap traded higher by 0.45 & 0.76 percent. In the second half, markets witnessed a major setback led by a surge in crude prices coupled with poor quarterly numbers from Maruti. While the market was trading around 11800 Mark, hampered investor sentiments dragged it back to 11641.80. During the last session, Sensex fell around 323.82 points and nifty by 84.40 points. The downtrend was highly aided by a sharp decline in BankNifty and Metal indices. Despite all the ups and downs, the reality was the only sector which has managed to close in the green zone. On the broader market level, Midcap was down by 0.39 percent while Small-cap closed in positive to flat note with a 0.02 percent gain. Top Gainers ULTRACEMCO by 5.47% to Rs 4,635.00. ,GRASIM by 4.82% to Rs 923.00 ,DRREDDY by 2.70% to Rs 2,936.70, BHARTIARTL by 2.53% to Rs 332.70, BPCL by 2.52% to Rs 357.80. Top Losers INFRATEL By -9.62 % to Rs 272.50 , TATASTEEL by -2.71% to Rs 511.00 ,VEDL by -2.55% to Rs 170.35, MARUTI by -1.95% to Rs 6,880.00.,HINDALCO by -1.94% to Rs. 196.80. Analysis Of Top Gainer And Loser ULTRACEMCO is the top gainer in today's market session. Ultratech cement has posted its Q4 results. The company posted an impressive PAT of Rs.1017 crores beating street estimates. UTCL’s strong quarterly result was the key driver for the consecutive rally of the last two days. INFRATEL is the top loser in today's market, a flat result coupled with downgradation from CLSA dragged the stock. Key Market News RBI has notified banks & financial institution to disclose their total exposure & provisions to beleaguered ILFS in their notes to account. We believe this move should provide clarity on the exposure and provisions related to the IL&FS group. The RBI had exited from the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard), by selling its entire stakes to the government, making them fully government-owned. Foreign portfolio investors (FPIs) bought Rs 974.88 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 657.06 crore. Stocks To Watch AUROPHARMA is on the upside while STERLITE TECH is on the downside. AUROPHARMA is currently quoting at Rs.800.00 up by Rs 14.70 or 1.87% from its previous closing of Rs.785.30 on the NSE. The NSE stock has touched a 52 week high of Rs.830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018. The stock was trading in the range-bound zone since last 30 days however, sudden heavy volumes helped it to breach the upward range owing to which in the near term stock is expected to be on the upside. STERLITE TECH is currently quoting at Rs.191.45 down by Rs.-1.70 or -0.88% from its previous closing of Rs.193.15 on the NSE. The NSE stock has touched a 52 week high of Rs 399.90 on 01-NOV-2018 & a 52 week low of Rs 188.70 on 09-APR-2019. The stock seems to be weak on the technicals, any pullback can offer a good opportunity to short the stock. Share Market News 24-April-2019 Last Hour Rally rally lifts Nifty above 11,700,VIX eases 5% Tracking the positive global clues and halt in a crude price Indian share market opened on a higher note. Sensex grew by 131.49 points while Nifty was up by 36.20 points. The Nifty Media was the top gainer in the opening session with the gain of 0.72 percent, While, FMCG was the only sector remained in the red. In the afternoon session, Indian markets erased some its gain reaped in the morning session. Nifty traded below 11,600 Mark whereas Sensex followed the same pattern and was up by 0.12% trading at 38,611.85. On sectoral front Media continued to trade higher. Moreover, buying support was seen in the Energy & Reality sectors too. On the other hand, Auto, Metal & FMCG sectors were seen trading under pressure. Among these sectors, Maruti, Vedanta & ITC have taken a major beating and were down by more than a percent. Closing Bell for Indian Benchmark indices was on the positive side. The last hour buying helped the market to close on a strong note, The cement pack was the one who was in focus in the second half of the day. The key reason behind this was Ultra tech cement's strong results. The robust quarterly numbers have pushed UTCL among the top gainers of the day. At the same time, bank nifty has also witnessed a bounce back from its support levels and pushed itself ahead of 29850 mark. Going ahead, Brent crude prices halted the rally today, which indeed turned into a relief rally for OMC sector. While bidding adieu to the market, Sensex was up 489.80 points at 39054.68, while Nifty was up 150.20 points at 11726.20. Nifty PSU Bank Index remained the top performing sector with a gain of 1.54%. In The broader market, the Mid-Cap was Up by 0.37%, while, Small-Cap was trading higher by 0.79%. Maruti and Axis Bank will be publishing their respective quarterly numbers tomorrow which would be an event to watch for the market watchdogs. Top Gainers ULTRACEMCO by 5.57% to Rs 4,432.00. ,BPCL by 3.75% to Rs 348.95 ,HCLTECH by 3.54% to Rs 1,141.05, INDUSINDBK by 3.19% to Rs 1,704.00, ONGC by 2.81% to Rs 168.35. Top Losers TATAMOTORS By -3.19 % to Rs 224.25, HEROMOTOCO by -0.84% to Rs 2,615.90 ,MARUTI by -0.77% to Rs 6,994.35, COALINDIA by -0.59% to Rs 254.00.,CIPLA by -0.53% to Rs. 558.70. Analysis Of Top Gainer And Loser ULTRACEMCO is the top gainer in today's market session, The company posted a strong Q4FY2019 result profit more than doubles to Rs 1,017 crore, beats Street estimates. TATAMOTORS is the top loser in today's market, After the sharp upward rally and outperforming the Auto sector in the current month, TataMotors has witnessed the selling pressure in today's market trade the stock was down by nearly 3 percent Key Market News Sebi reduces the minimum subscription requirement for REITs, InvITs. Foreign portfolio investors (FPIs) sold Rs 237.47 crore worth of domestic stocks on Tuesday,DIIs were net buyers to the tune of Rs 198.35 crore. Gold falls to a four-month low on the firm dollar. Stocks To Watch M&MFIN is on the upside while GRAPHITE is on the downside. M&MFIN is currently quoting at Rs.435.50 up by Rs 11.40 or 2.69% from its previous closing of Rs.424.10 on the NSE. The scrip opened at Rs.425.85 & has touched a high & low of Rs.436.00 and Rs. 425.60 respectively. So far 33,12,999(NSE) shares were traded on the counter. The current market cap of the company is Rs 26,761.58Cr. The NSE/BSE group stock has touched a 52 week high of Rs.534.00 on 30-APR-2018 & a 52 week low of Rs.342.65 on 05-OCT-2018. GRAPHITE is currently quoting at Rs.405.50 down by Rs.-12.00 or -2.87% from its previous closing of Rs.417.50 on the NSE. The scrip opened at Rs.419.00 & has touched a high & low of Rs.423.40 and Rs.404.15 respectively. So far 15,32,815(NSE) shares were traded on the counter. The current market cap of the company is Rs 7,984.02 Cr. The BSE/NSE group stock has touched a 52 week high of Rs 1,127.00 on 10-AUG-2018 & a 52 week low of Rs 395.10 on 12-FEB-2019. Share Market News 23-April-2019 Sensex falls for third day in a row; Nifty below 11,600 Indian indices opened higher on Tuesday with Nifty above 11,600 marks. Oil prices extended gains after the US announced that all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. the Sensex was up 38.43 points at 38683.61, while Nifty up 20 points or 0.17% at 11614.50. Among sector compiled by NSE advanced, led by the Nifty Realty Index’s 0.55 percent gain. While, the Nifty Auto Index was the top sectoral loser, down 0.21 percent. The Indian rupee opened higher against the U.S. dollar. The home currency gained as much as 0.01 percent to 69.66 against the greenback. In the afternoon session, The Indian share market indices were trading Flat after a gap up opening, Nifty was hovering around 11,600 levels. The Sensex was up by 71.94 points or 0.19% at 38,717.12 and the Nifty was up by 16.60 points or 0.14% at 11,611.05. On the sectoral front, Media, Metal & Reality were trading in the green, While, Infra, IT were seen trading in the red. In a Broader Market, NSE mid-cap was up by 0.23% and smallcap indices were trading lower by 0.32%, respectively. Closing Bell for Indian Benchmark indices, Indian indices fell for the third trading session in a row as Nifty failed to hold 11,600 level. Banking stocks led the decline, with Nifty Bank index falling 0.70%. Among banking stocks, HDFC Bank fell 1% while SBI declined 1.4%. Other top losers included Yes Bank and IndusInd Bank, both falling over 2% each. The Sensex was down 80.30 points at 38564.88, while Nifty was down 18.50 points at 11576. Among sectors, energy, FMCG and pharma witnessed some buying, while auto, bank, metal, and infra ended in the red. The broader market the Small-Cap was down by 0.64%, while, Mid-Cap was trading higher by 0.10 percent. The recent surge in crude oil prices has spooked our markets. The prevailing earnings season and upcoming derivatives expiry would further fuel the volatility. Top Gainers ONGC by 4.50% to Rs 165.00. ,ZEEL by 3.20% to Rs 409.25 ,SUNPHARMA by 2.97% to Rs 468.00, BAJFINANCE by 1.53% to Rs 3,037.10, RELIANCE by 1.43% to Rs 1,364.65. Top Losers MARUTI By -3.55% to Rs 7,061.00, YESBANK by -3.08% to Rs 231.00 ,TATASTEEL by -2.11% to Rs 522.95, INDUSINDBK by -1.96% to Rs 1,657.90.,HEROMOTOCO by -1.84% to Rs. 2,640.00. Analysis Of Top Gainer And Loser ONGC is the top gainer in today's market session, being beneficiaries of elevated crude prices, and can act as good hedge against any spike in crude. ONGC stock is pessimistically discounting net crude realization around $45 per barrel MARUTI is the top loser in today's market, on the expectation of negative Q4FY2019 result the company had witnessed the selling pressure in today’s trade, Company will post the result on 25th April. Key Market News Oil prices were at ~$74 per barrel (2019 peaks) after the US abruptly moved to end all Iran sanctions waivers by May, pressurizing importers to stop buying from Tehran Higher oil prices will negatively impact the marketing margins of OMCs, which have remained high in the last quarter. India misses target of becoming an electricity-surplus nation; peak power deficit at 0.8% in FY19. Foreign portfolio investors (FPIs) bought Rs 73.08 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 68 crore, data suggested.. Stocks To Watch ITC is on the upside while TATASTEEL is on the downside. ITC is currently quoting at Rs.303.00 up by Rs 1.20 or 0.40% from its previous closing of Rs.301.80 on the NSE. The scrip opened at Rs.302.15 & has touched a high & low of Rs.304.80and Rs. 301.55 respectively. So far 74,96,038(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,71,865.59Cr. The NSE/BSE group stock has touched a 52 week high of Rs.322.95 on 03-SEP-2018 & a 52 week low of Rs.259.00 on 28-JUN-2018. TATASTEEL is currently quoting at Rs.522.95 down by Rs.-11.25 or -2.11% from its previous closing of Rs.534.20 on the NSE. The scrip opened at Rs.534.95 & has touched a high & low of Rs.538.50 and Rs.521.50 respectively. So far 51,19,376(NSE) shares were traded on the counter. The current market cap of the company is Rs 66,022.18 Cr. The BSE/NSE group stock has touched a 52 week high of Rs 647.60 on 21-SEP-2019 & a 52 week low of Rs 441.35 on 29-JUN-2019. Share Market News 22-April-2019 Nifty ends below 11,600,Sensex tumbling 495 pts; RIL leads decline Indian share market started the week on a negative note with Nifty slipped below 11,700 level, The market heavyweight Reliance Industries (RIL) leading the decline. The Sensex was down 200.46 points or 0.51% at 38939.82, and the Nifty down 74.30 points or 0.63% at 11678.50. Among sector compiled by NSE fell, led by the Nifty Realty Index’s 1.57 percent decline.While, the Nifty IT Index was the only sectoral gainer, up 0.52 percent. The Indian rupee opened lower against the U.S. dollar. The home currency weakened as much as 0.58 percent to 69.76 against the greenback. Oil prices rallied around 3 percent to their highest since late 2018 as the United States was set to announce that all imports of Iranian oil must end or be subject to sanctions. In the afternoon session, The Indian share market indices were trading in day’s low, Nifty was hovering around 11,650 levels. The India VIX was continuously in an uptrend and was trading at 24.19 Mark. The Sensex was down by 246.47 points or 0.63% at 38,893.81 and the Nifty was down by 87.15 points or 0.74% at 11,665.65. On the sectoral front, The IT Major Infy & TCS were the only stock trading in the green, While Reality, auto & Energy was the sector which was witnessing the most selling pressure. In a Broader Market, NSE mid-cap was down by 1.02% and smallcap indices were trading lower by 0.87%, respectively. Closing Bell for Indian Benchmark indices, Indian indices ended at day's low as selling pressure dragged Nifty below 11,600.The damage was seen in the overall sector with reality sector hurt the worst, On the other side , Nifty IT was the only sector to perform on the back of the weakness in rupee. the Sensex was down 495.10 points at 38,645.18, while Nifty was down 158.30 points at 11,594.50. The broader market continued to underperform the Benchmark indices the Mid & Small Cap was down by 1.75 & 1.76 percent. Indian markets had a rough day on the back of a sharp rise in crude oil price above $74 per barrel. As a significant importer of crude oil, the high oil price is not good for Indian macros. Further, after a breathtaking rally of the past two months, a correction was due in the Indian markets; and crude oil has triggered it. Further, ongoing results season has provided mixed performance till date. For the markets to sustain at elevated levels, it’s very important for Indian corporate earnings to remain robust Top Gainers BHARTIARTL by 1.46% to Rs 352.00. ,WIPRO by 1.21% to Rs 288.25 ,TECHM by 0.71% to Rs 806.00, INFY by 0.59% to Rs 721.30, NTPC by 0.48% to Rs 136.00. Top Losers IBULHSGFIN By -9.07% to Rs 727.95, YESBANK by -6.92% to Rs 238.10 ,BPCL by -6.32% to Rs 339.95, INDUSINDBK by -4.28% to Rs 1,688.70.,IOC by -3.97% to Rs. 149.90. Analysis Of Top Gainer And Loser BHARTIARTL is the top gainer in today's market session, The stock has been accumulated by many HNI client as well as many brokerage houses have recommended the stock for BTST trade. IBULHSGFIN is the top loser in today's market After the company confirmed regarding the merger with the Lakshmi Vilas bank the company was in immense selling pressure, In today market the Stock dropped nearly 9.07% Key Market News India’s steel demand is likely to grow above 7% in 2019, 2020: World Steel Association Gold imports drop 3% to $32.8 bn in 2018-19. Foreign portfolio investors (FPIs) bought Rs 1,038.46 crore worth of domestic stocks on Thursday, DIIs were net sellers to the tune of Rs 337.59 crore. Oil prices rallied around 3 percent to their highest since late 2018 as the United States was set to announce that all imports of Iranian oil must end or be subject to sanctions. Stocks To Watch NAVNETEDUL is on the upside while HINDPETRO is on the downside. NAVNETEDUL is currently quoting at Rs.114.25 up by Rs 0.65 or 0.57% from its previous closing of Rs.113.60 on the NSE. The scrip opened at Rs.113.00 & has touched a high & low of Rs.114.25 and Rs. 110.30 respectively. So far 79,654(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,609.12Cr. The NSE/BSE group stock has touched a 52 week high of Rs.156.00 on 24-APR-2018 & a 52 week low of Rs.98.65 on 25-OCT-2018. HINDPETRO is currently quoting at Rs.250.60 down by Rs.-16.00 or -6.00% from its previous closing of Rs.266.60 on the NSE. The scrip opened at Rs.258.10 & has touched a high & low of Rs.258.85 and Rs.248.00 respectively. So far 81,73,151(NSE) shares were traded on the counter. The current market cap of the company is Rs 38,141.28Cr. The BSE/NSE group stock has touched a 52 week high of Rs 330.85 on 18-APR-2018 & a 52 week low of Rs 163.00 on 05-OCT-2018. Share Market News 18-April-2019 Sensex, Nifty End Lower After Hitting New Highs; Reliance Industries gains 3% Indian share market started strong with Nifty above 11,800 level. The reliance industries gain ahead of the Q4 result. the Sensex was up 106.15 points or 0.27% at 39381.79, and the Nifty up 25.80 points or 0.22% at 11813.00. Among sector compiled by NSE advanced, led by the NSE Nifty Auto Index’s 0.38 percent gain. While, the NSE Nifty IT Index was the top sectoral loser, down 0.18 percent. In the afternoon session, The Indian share market indices erased the morning gain and were hovering around 11,750 levels, Reliance was standing tall, While Banknifty had slipped below 30,400 Mark. HDFC, INFY, VEDL, ZEE were under the selling pressure. The INDIA VIX has also breached the all-time high and was trading at 22.87. The Aviation stock was again buzzing in today’s trade after cash-strapped Jet Airways temporarily shut down operations. The Sensex was down by 71.65 points or 0.18% at 39,203.99 and the Nifty was down by 24.85 points or 0.21% at 11,762.30. In a Broader Market, NSE mid-cap was down by 0.68% and smallcap indices were trading lower by 1.24%, respectively. Closing Bell for Indian Benchmark indices, The Indices after hitting the record high was trading under pressure and closed with last hour of sell-off, The Bank Nifty was weak with Infra, metal, FMCG, and Auto had also given a supporting hand, The Energy sector was the one which closed in green as Reliance Industries was strong throughout the session . the Sensex was down 135.36 points at 39140.28, while Nifty was down 34.40 points at 11752.80. The broader market continued to underperform the Benchmark indices the Mid & Small Cap was down by 0.93 & 1.52 percent Markets closed in the red ahead of a long weekend culminating in Easter. After a period of significant momentum ahead of the general elections, the market may take a pause in some kind of an interim profit booking. The accelerating scenario of a slowdown in global growth as also the definitive prospects of higher fuel prices and a weaker currency may also be working on the minds of the market participants at this juncture. Top Gainers RELIANCE by 3.15% to Rs 1,386.05. ,JSWSTEEL by 2.88% to Rs 299.60 ,TATAMOTORS by 2.30% to Rs 235.80, BPCL by 1.52% to Rs 362.95, WIPRO by 1.30% to Rs 284.55. Top Losers IBULHSGFIN By -4.44% to Rs 795.50, YESBANK by -4.09% to Rs 255.55 ,HINDALCO by -3.70% to Rs 207.00, VEDL by -3.54% to Rs 178.40.,INDUSINDBK by -3.17% to Rs.1,757.60. Analysis Of Top Gainer And Loser RELIANCE is the top gainer in today's market session Mitsui O.S.K. Lines Ltd. to acquire a strategic stake in six group companies (each owning a Very Large Ethane Carrier) of the company. IBULHSGFIN is the top loser in today's market After the company confirmed regarding the merger with the Lakshmi Vilas bank the company was in immense selling pressure, In today market the Stock dropped nearly 5% Key Market News RBI has asked NCLAT to allow banks to classify exposure to ILFS group companies as NPA as per regulatory norms. As per RBI counsel, recognizing ILFS as NPA would not impede the resolution process. Foreign portfolio investors (FPIs) bought Rs 1,038.58 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 37.22 crore. Investments through participatory notes in the domestic capital market rose to Rs 78,110 crore at the end of March, amid positive market sentiments Stocks To Watch IGL is on the upside while VEDANTA is on the downside. IGL is currently quoting at Rs.327.00 up by Rs 4.45 or 1.38% from its previous closing of Rs.322.55 on the NSE. The scrip opened at Rs.322.00 & has touched a high & low of Rs.329.75 and Rs. 318.65 respectively. So far 18,94,573(NSE) shares were traded on the counter. The current market cap of the company is Rs 22,753.53Cr. The NSE/BSE group stock has touched a 52 week high of Rs.329.75 on 18-APR-2019 & a 52 week low of Rs.215.20 on 08-OCT-2018. VEDANTA is currently quoting at Rs.178.40 down by Rs.-6.55 or -3.54% from its previous closing of Rs.184.95 on the NSE. The scrip opened at Rs.185.30 & has touched a high & low of Rs.186.90 and Rs.178.00 respectively. So far 1,05,31,473(NSE) shares were traded on the counter. The current market cap of the company is Rs 66,426.30Cr. The BSE/NSE group stock has touched a 52 week high of Rs 313.50 on 19-APR-2018 & a 52 week low of Rs 145.80 on 15-FEB-2019. Share Market News 16-April-2019 Sensex, Nifty hits fresh record high; ICICIBANK surges nearly 4% Indian share market opened strong with Nifty above 11,700 level.ICICI bank had a sharp upmove, The banking stock has gained the momentum again, as its Gap up opening for BankNifty. the Sensex was up 173.03 points or 0.44% at 39078.87, and the Nifty up 51.50 points or 0.44% at 11741.90. All the sectoral indices are trading in green led by Bank metal, pharma, energy, auto, infra, and IT. The Indian rupee opened lower against the U.S. dollar. The home currency depreciated as much as 0.02 percent to 69.43 against the greenback. Reliance standing strong with the gain of more than a percent. In the afternoon session, The Indian share market indices were trading at an all-time high, Nifty was trading around 11,780, The Sensex was up by 334.58 points or 0.86% at 39,240.42 and the Nifty was up by 88.70 points or 0.76% at 11,779.05. Among sector Infra, Bank & FMCG were trading higher, while, Reality & Media were trading in the red. In a Broder Market, NSE mid-cap was up by 0.23% and smallcap indices were trading higher by 0.16%, respectively. Closing Bell for Indian Benchmark indices, It was strong closing for Indices with Nifty finished slightly below 10,800. The Sensex was up 369.80 points at 39275.64, while Nifty was up 96.80 points at 11787.20. It was pure play from the heavyweight as there was no participant from the border market, The NSE MidCap Index was down by 0.03 percent and the NSE SmallCap Index was flat and closed with No gain or loss. The strength was seen from the Nifty bank Sector Which was up 1.42 percent, Other than that, Infra & Auto has seen a healthy buying in today’s market, Flipside, Reality & IT has loosened up some share price and closed in the red . Nifty rose for the fourth day. With this strong upmove, Nifty touched new highs, breaching previous high of 11,761. The current rally is expected to become broad-based soon, hopefully once election results are out. Further, earnings outcome of Nifty heavyweights (Reliance Industries and HDFC Bank) this week may provide further direction. On the global front, China GDP data, US-China trade talks as well as corporate earnings will provide cues to the investors. In addition, the rupee-dollar and oil price movement are the other key factors to consider. Top Gainers INDUSINDBK by 3.95% to Rs 1,818.00. ,ICICIBANK by 3.87% to Rs 407.95 ,TITAN by 3.11% to Rs 1,124.00, ONGC by 2.81% to Rs 160.85, GRASIM by 2.18% to Rs 884.90. Top Losers WIPRO By -2.12% to Rs 281.60, CIPLA by -1.35% to Rs 558.65 ,GAIL by -0.69% to Rs 351.60 ,TATAMOTORS by -0.56% to Rs 230.45.,INFY by -0.48% to Rs.724.00. Analysis Of Top Gainer And Loser INDUSINDBK is the top gainer in today's market session After the IndusInd Bank has launched a new credit card Aptly called ‘Nexxt’— to denote a future generation looking. WIPRO is the top loser in today's market After the company confirmed reports about a phishing attack on its IT systems without giving out any details on the extent and effect of the hacking Key Market News India's exports up by 11 percent to USD 32.55 billion in March. India's trade balance was reported -10.89B Oil prices halted their rally after Russia’s finance minister said Russia and OPEC may decide to boost production to fight for market share with the Stocks To Watch ICICIBANK is on the upside while WIPRO is on the downside. ICICIBANK is currently quoting at Rs.407.95 up by Rs 15.20 or 3.87% from its previous closing of Rs.392.75 on the NSE. The scrip opened at Rs.397.50 & has touched a high & low of Rs.408.40 and Rs. 397.50 respectively. So far 2,44,87,788(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,62,243.20Cr. The NSE/BSE group stock has touched a 52 week high of Rs.409.55 on 01-APR-2019 & a 52 week low of Rs.256.50 on 16-JUL-2018. WIPRO is currently quoting at Rs.281.60 down by Rs.-6.10 or -2.12% from its previous closing of Rs.287.70 on the NSE. The scrip opened at Rs.291.35 & has touched a high & low of Rs.291.45 and Rs.278.00 respectively. So far 2,03,67,059(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,69,613.92Cr. The BSE/NSE group stock has touched a 52 week high of Rs 291.72 on 26-FEB-2019 & a 52 week low of Rs 190.13 on 06-JUN-2018. Share Market News 15-April-2019 Sensex, Nifty Edges Higher; Tata Motors Lead Gains Indian share market started flat with Nifty above 11,650 level. the Sensex was up 70.98 points or 0.18% at 38838.09, and the Nifty up 22.10 points or 0.19% at 11665.60. All the sectoral compiled by NSE advanced, led by the Nifty Metal Index’s 0.97 percent gain. While, the NSE Nifty IT Index was the only sectoral loser, down 0.16 percent. The Indian rupee opened higher by 8 paise at 69.07 per dollar on Monday versus Friday's close 69.15. In the afternoon session, The Indian share market indices were trading Higher, Nifty was trading around 11,670, The Sensex was up by 116.78 points or 0.30% at 38,883.89 and the Nifty was up by 32.55 points or 0.28% at 11,676.00. Among Metal, Auto & Reality were trading higher, while, Pharma & Energy were trading in the red. In a Broder Market, NSE mid-cap was up by 0.50% and smallcap indices were trading higher by 0.83%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading at day’s high, Hovering around 11,700 Mark. Indian Benchmark indices ended the Sensex was up 138.73 points at 38905.84, while Nifty was up 46.90 points at 11,690.40. Among sector compiled by NSE ended higher, led by the Nifty Metal Index’s 2.4 percent gain. While, the Nifty Media Index was the top sectoral loser, down 0.5 percent. In the broader Market Update, the NSE MidCap Index was up by 0.47 percent and the NSE SmallCap Index was higher by 0.63 percent. The market traded on a positive note as expectation of US-China trade agreement and a likely turnaround in domestic earnings steered the sentiment. IT index outperformed due to weak rupee and optimism in earnings growth. WPI inflation inched to 3.18% in March due to the rise in food prices while IMD’s forecast of near-normal monsoon may ease the concern over inflation Top Gainers TATAMOTORS by 7.43% to Rs 232.00. ,TCS by 4.89% to Rs 2,113.00 ,COALINDIA by 4.15% to Rs 250.80, TATASTEEL by 3.81% to Rs 554.00, KOTAKBANK by 2.42% to Rs 1,376.00. Top Losers INFY By -2.61% to Rs 728.20, INFRATEL by -1.67% to Rs 309.40 ,SUNPHARMA by -1.38% to Rs 458.65 ,GAIL by -0.88% to Rs 353.60.,YESBANK by -0.78% to Rs.265.80. Analysis Of Top Gainer And Loser TATAMOTORS is the top gainer in today's market session, as the outlook of the company has been improved and overall, many brokerage houses have also started recommending the auto pack on the expectation of the growth revival in coming months. INFY is the top loser in today's market After the company has posted the Q4FY2014 result, Which was below the estimate of the D-street. Key Market News As per media reports, the government is considering a proposal to allow gas-based power plants to sell electricity in the spot market through power exchanges under a subsidy scheme. The scheme is aimed at providing relief to gas-based power plants in distress due to lack of gas supply. The index of industrial production (IIP) rose 0.1%, the slowest since a 0.3% contraction in July 2017. India’s retail inflation saw a marginal rise of 2.86% in March on account of increase in prices of food articles and fuel. The inflation based on the Consumer Price Index (CPI) was 2.57% in February this year. RBI net buyer of dollars for the third month in a row snaps up $825 mn in February. March WPI inflation stood at 3.18% against 2.93% in February. Foreign portfolio investors (FPIs) bought Rs 897.45 crore worth of domestic stocks on Friday, DIIs were net sellers to the tune of Rs 15.99 crore. Stocks To Watch MEGHMANI ORGANICS is on the upside while TATAPOWER is on the downside. MEGHMANI ORGANICS is currently quoting at Rs.68.00 up by Rs 3.55 or 5.51% from its previous closing of Rs.64.45 on the NSE. The scrip opened at Rs.65.10 & has touched a high & low of Rs.69.30 and Rs. 65.00 respectively. So far 35,32,525(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,721.71Cr. The NSE/BSE group stock has touched a 52 week high of Rs.114.35 on 08-MAY-2018 & a 52 week low of Rs.42.15 on 06-FEB-2019. TATAPOWER is currently quoting at Rs.71.35 down by Rs.-1.90 or -2.59% from its previous closing of Rs.73.25 on the NSE. The scrip opened at Rs.73.00 & has touched a high & low of Rs.73.20 and Rs.71.20 respectively. So far 1,11,47,566(NSE) shares were traded on the counter. The current market cap of the company is Rs 19,298.56Cr. The BSE/NSE group stock has touched a 52 week high of Rs 89.55 on 02-MAY-2018 & a 52 week low of Rs 59.80 on 09-OCT-2018. Share Market News 11-April-2019 Sensex, Nifty End Volatile Session on Flat Note; Nifty Ends marginally below 11,600 Indian share market started flat tracking losses in their Asian peers. the Sensex was down 8.36 points or 0.02% at 38576.99, and the Nifty down 1.40 points or 0.01% at 11582.90. All the sectoral compiled by NSE fell, led by the NSE Nifty Pharma Index’s 0.26 percent decline. While, the Nifty Realty Index was the top sectoral gainer, up 0.78 percent. The Indian rupee opened lower by paise at 69. 21 per dollar on Thursday against Wednesday's close 69.11. In the afternoon session, The Indian share market indices were trading lower, Nifty was trading around 11,580, The Sensex was down by 35.97 points or 0.09% at 38,549.38 and the Nifty was down by 10.15 points or 0.09% at 11,574.15. Among Infra, Energy & Auto were trading higher while, Metal, reality & IT were trading in the red. In a Broder Market, NSE mid-cap was down by 0.36% and smallcap indices were trading lower by 0.15%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading at day’s low around 11550 Mark. Indian Benchmark indices ended flat after a rangebound session. The Sensex rose 21.66 points to 38,607.01 and the Nifty50 gained 12.40 points at 11,596.70. Among sector compiled by NSE ended lower, led by the Nifty Metal Index’s 1.2 percent decline. While, the Nifty Auto Index was the top sectoral gainer, up 0.53 percent. In the broader Market Update, the NSE MidCap Index was up by 0.09 percent and the NSE SmallCap Index was higher by 0.25 percent. Hang Sang gave a dismal start to the day and other Asian indices also showed weakness. In India, Nifty consolidated after it made new highs last week. Broader indices are losing steam and the general sentiment among the participants was lackluster. General elections to continue to remain in focus and will keep markets volatile in the near term. The result of IT majors Infosys and TCS is going to kick start the earnings season tomorrow. Besides, important macroeconomic data IIP and CPI inflation are also scheduled. Top Gainers IBULHSGFIN by 2.54% to Rs 845.35. ,BHARTIARTL by 2.00% to Rs 346.80 ,BAJAJFINSV by 1.84% to Rs 7,560.00, BAJAJ-AUTO by 1.67% to Rs 2,992.10, DRREDDY by 1.56% to Rs 2,808.00. Top Losers VEDL By -3.79% to Rs 181.35, SUNPHARMA by -1.41% to Rs 465.30 ,POWERGRID by -1.36% to Rs 195.95 ,TECHM by -1.30% to Rs 780.00.,AXISBANK by -1.26% to Rs.751.25. Analysis Of Top Gainer And Loser IBULHSGFIN is the top gainer in today's market session after the continuous sell of in last 3 trading session the company witnessed a good interest from the lower level, the merger approval from RBI with Lakshmi Vilas banks is also been an overhang on the company. VEDL is the top loser in today's market After London's Supreme Court said Zambian villagers can sue the company in England, The apex court of the UK dismissed Vedanta's appeal of a lower-court ruling that a case in which villagers alleged their land was polluted by a Vedanta unit could be heard in England. Key Market News The Department of Telecommunications (DoT) has set up a committee that will look into contentious issues arising out of telecom companies that are going through the insolvency process. Mutual funds finished the year with an 11.41 percent rise in their total AUM at Rs 23.80 trn in the year to March, from Rs 21.36 trn in the previous year, according to the industry data released Wednesday. Foreign portfolio investors (FPIs) bought Rs 1,429.92 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 461.29 crore. U.K. Gross Domestic Product (GDP) YoY reported 2.0 %. Stocks To Watch RELIANCE is on the upside while AXISBANK is on the downside. RELIANCE is currently quoting at Rs.1,350.00 up by Rs 18.60 or 1.40% from its previous closing of Rs.1,331.40 on the NSE. The scrip opened at Rs.1,332.95 & has touched a high & low of Rs.1,353.00 and Rs. 1,329.00 respectively. So far 57,41,333(NSE) shares were traded on the counter. The current market cap of the company is Rs 8,53,283.27Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,406.80 on 01-APR-2019 & a 52 week low of Rs.906.60 on 30-MAY-2018. AXISBANK is currently quoting at Rs.751.25 down by Rs.-9.60 or -1.26% from its previous closing of Rs.760.85 on the NSE. The scrip opened at Rs.760.50 & has touched a high & low of Rs.761.35 and Rs.747.00 respectively. So far 53,65,803(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,93,410.33Cr. The BSE/NSE group stock has touched a 52 week high of Rs 787.65 on 28-MAR-2019 & a 52 week low of Rs 481.25 on 27-APR-2018. Share Market News 10-April-2019 Weak Global Cues, HDFC Twins Dragged Market Lower, Sensex Down by 353 Points Indian share market opened lowered with Nifty around 10,650 Mark amid losses in HDFC twins and TCS weighed on the index. the Sensex was down 60.01 points at 38879.21, while Nifty was down 19.10 points at 11,652.90. All the sectoral compiled by NSE declined, led by the Nifty Metal Index’s 0.6 percent fall. While, the Nifty IT Index was the top sectoral gainer, up 0.07 percent. The Indian rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.1 percent to 69.2 against the greenback. In the afternoon session, The Indian share market indices were trading Lower, Nifty was trading around 11,650. HDFCBANK was down by 1.81 %. The Sensex was down by 67.04 points or 0.17% at 38,872.18 and the Nifty was down by 18.10 points or 0.16% at 11,653.85. Among Pharma, FMCG & Reality were trading higher while IT, Banks were trading in the red. In a Broder Market, NSE mid-cap was up by 0.05% and smallcap indices were trading higher by 0.52%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading around 11600 Mark. Indian Benchmark indices finished at the day’s low, Nifty below 11,600 Mark. The Sensex was down 353.87 points at 38585.35, and the Nifty was down 88.40 points at 11,583.60. Among sector compiled by NSE ended lower, led by the Financial Services Index's 1.13 percent fall. While, the Nifty Realty Index was the top sectoral gainer, up 1.13 percent. In the broader Market Update, the NSE MidCap Index was down by 0.28 percent and the NSE SmallCap Index was higher by 0.32 percent. Market slid ahead of the start of the first phase of polling and renewed concern over global economic growth after IMF downgraded the growth forecast to 3.3% for 2019. Volatility is likely to remain high in the near term, hence we continue to remain cautious on the Indian market. Further, the trend of the market is likely to be dictated by domestic events like Q4FY19 earnings season and domestic macro data (IIP & CPI). Moreover, market participants would keenly watch the progress of central elections starting tomorrow. Globally, progress on US-Europe trade talk, the behavior of crude oil prices and fluctuation in currency, would further induce volatility in the markets. Top Gainers TATAMOTORS by 4.81% to Rs 215.80. ,CIPLA by 2.72% to Rs 546.45 ,WIPRO by 2.72% to Rs 281.25, ADANIPORTS by 1.13% to Rs 385.00, HINDUNILVR by 1.10% to Rs 1,699.00. Top Losers BHARTIARTL By -3.74% to Rs 338.45, HINDALCO by -2.56% to Rs 211.60 ,ASIANPAINT by -2.43% to Rs 1,409.70,TCS by -2.29% to Rs 2,043.65.,UPL by -2.22% to Rs.923.70. Analysis Of Top Gainer And Loser TATAMOTORS is the top gainer in today's market session after the company’s group global wholesales including Jaguar Land Rover fell 5 percent on a yearly basis to 1.45 lakh units, according to its stock exchange filing, as the street was expecting lower than that numbers. BHARTIARTL is the top loser in today's market After Bharti Airtel has paid spectrum dues to the government recently, officials in the Department of Telecommunications said. Key Market News The government had short fallen of Rs 50,000 crore in its direct tax collection target of Rs 12 lakh crore for 2018-19, According to the senior finance ministry official Tuesday. Govt meets the fiscal deficit target of 3.4% for FY'19. India is likely to grow at 7.3% in 2019 and 7.5% in 2020: according to IMF. Foreign portfolio investors (FPIs) bought Rs 1,212.35 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 688.65 crore. Stocks To Watch UFLEX is on the upside while SBIN is on the downside. UFLEX is currently quoting at Rs.243.00 up by Rs 4.00 or 1.67% from its previous closing of Rs.239.00 on the NSE. The scrip opened at Rs.241.45 & has touched a high & low of Rs.249.00 and Rs. 240.00 respectively. So far 2,22,406(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,774.24 Cr. The NSE/BSE group stock has touched a 52 week high of Rs.376.10 on 20-APR-2018 & a 52 week low of Rs.183.70 on 19-FEB-2019. SBIN is currently quoting at Rs.310.70 down by Rs.-4.05 or -1.29% from its previous closing of Rs.314.75 on the NSE. The scrip opened at Rs.314.85 & has touched a high & low of Rs.317.05 and Rs.310.00 respectively. So far 1,92,37,974(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,77,733.91Cr. The BSE/NSE group stock has touched a 52 week high of Rs 339.65 on 28-MAR-2019 & a 52 week low of Rs 232.50 on 26-APR-2018. Share Market News 09-April-2019 Sensex, Nifty End Higher; IT Stocks Surge Indian share market was trading flat with Nifty below 10,600 Mark. the Sensex was down 78.46 points at 38,622.07, while Nifty was down 25.50 points at 11579 All the sectoral compiled by NSE declined, led by the Nifty Auto Index’s 0.43 percent fall. While, the NSE Nifty PSU Bank was the top sectoral gainer, up 0.27 percent. The Indian rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.14 percent to 69.57 against the greenback. Oil prices on Tuesday reached their highest since November as concerns over exports from war-torn Libya stoked tightness in the market, with global supply already hit by OPEC-led production cuts and US sanctions on Iran and Venezuela. In the afternoon session, The Indian share market indices were trading Lower, Nifty was trading at 11,583.95. The Sensex was down by 52.58 points or 0.14% at 38,647.95 and the Nifty was down by 20.55 points or 0.18% at 11,583.95. Among Pharma, FMCG & IT were trading higher while Media, Metal & PSU bank were trading in the red. In a Broder Market, NSE mid-cap was down by 0.76% and smallcap indices were trading lower by 0.55%, respectively. Indian Share market Update in the last hour of trade, Nifty has cooled off from day’s high and was trading around 11630 Mark. Benchmark indices ended higher with Nifty above 11,650 level. the Sensex was up 238.69 points at 38939.22, while Nifty was up 67.50 points at 11,672. Among sector compiled by NSE advanced, led by the Nifty PSU Bank Index’s 1.4 percent gain. While, the Nifty Media Index was the only sectoral loser, down 0.2 percent. In the broader Market Update, the NSE MidCap Index was up by 0.14 percent and the NSE SmallCap Index was higher by 0.09 percent. The market gained after a rangebound movement in expectation of a turnaround in earnings growth led by Q4FY19 results starting this week, while positive global peers aided the market. Banks outperformed as outlook improved led by a reduction in stressed assets, repo rate and pick up in credit growth. But valuation is on a premium level while the start of the first phase of polling may bring volatility in the marke Top Gainers YESBANK by 4.50% to Rs 271.75. ,WIPRO by 4.19% to Rs 274.75 ,TATAMOTORS by 3.22% to Rs 207.00, COALINDIA by 2.70% to Rs 239.25, ICICIBANK by 2.60% to Rs 397.15. Top Losers IBULHSGFIN By -3.19% to Rs 831.95, ASIANPAINT by -3.11% to Rs 1,449.80 ,BHARTIARTL by -1.17% to Rs 350.80, INFY by -0.84% to Rs 760.80.,UPL by -0.64% to Rs.940.70. Analysis Of Top Gainer And Loser YESBANK is the top gainer in today's market session after the private lender announced a fundraising plan by way of issuance of equity shares. IBULHSGFIN is the top loser in today's market After a media report said Sameer Gehlaut will exit realty biz to focus on financial services business. Key Market News Foreign portfolio investors (FPIs) bought Rs 330 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 624 crore. March Equity MF highest since October. India's GDP expected to expand 7.5% in 2019-20: World Bank. RBI issues norms for banks to set up currency chests. Stocks To Watch ICICIBANK is on the upside while ZEE MEDIA is on the downside. ICICIBANK is currently quoting at Rs.397.15 up by Rs 10.05 or 2.60% from its previous closing of Rs.387.10 on the NSE. The scrip opened at Rs.387.40 & has touched a high & low of Rs.398.35 and Rs. 387.15. respectively. So far 1,32,06,348(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,55,854.87 Cr. The NSE/BSE group stock has touched a 52 week high of Rs.409.55 on 01-APR-2019 & a 52 week low of Rs.256.50 on 16-JUL-2018. ZEE MEDIA is currently quoting at Rs.14.95 down by Rs.-1.45 or -8.84% from its previous closing of Rs.16.40 on the NSE. The scrip opened at Rs.16.45 & has touched a high & low of Rs.16.80 and Rs.14.85 respectively. So far 62,07,741(NSE) shares were traded on the counter. The current market cap of the company is Rs 706.18Cr. The BSE/NSE group stock has touched a 52 week high of Rs 40.20 on 09-APR-2018 & a 52 week low of Rs 11.50 on 06-FEB-2018. Share Market News 08-April-2019 Nifty struggles,Sensex falls 161 points; India VIX above 20% Indian share market started positively with Nifty above 10,700 Mark. the Sensex was up 102.10 points at 38964.33, while Nifty up 20.10 points at 11686.10. All the sectoral gauges compiled by NSE advanced, led by the Nifty Metal Index’s 0.63 percent gain. While, the Nifty Realty Index was the only sectoral loser, down 0.4 percent. The Indian rupee weakened today against US dollar tracking losses in its Asian currencies as traders awaited further details on a prospective US-China trade deal. Higher crude oil prices also dampened sentiment. In the afternoon session, The Indian share market indices were trading at day’s low, Nifty was trading at 11,639.65. The Sensex was down by 39.42 points or 0.10% at 38,822.81 and the Nifty was down by 26.30 points or 0.23% at 11,639.65. Among sector, PSU Bank & media were trading higher while Energy, Reality & pharma were trading in the red. In a Broder Market, NSE mid-cap was down by 0.15% and smallcap indices were trading higher by 0.37%, respectively. Indian Share market Update in the last hour of trade, Nifty was seen in the selling pressure, trading around 11600 Mark.HDFCBank & Reliance dragged the Indices lower. Indian equity benchmarks indices ended lower Nifty to finished just above 11,600 level. The Sensex was down 161.70 points at 38700.53, while Nifty was down 61.50 points at 11604.50. Among sector compiled by NSE fell, led by the Nifty Realty Index’s 2.19 percent fall. While, the Nifty IT Index was the only sectoral gainer, up 0.66 percent. In the broader Market Update, the NSE MidCap Index was down by 0.79 percent and the NSE SmallCap Index was lower by 0.54 percent. The domestic market started this week on a weak note. Investors have turned cautious with crude oil prices rising to their highest level since November 2018, owing to OPEC’s ongoing supply cuts & US sanctions against Iran and Venezuela. Additionally, general elections and the start of Q4 earnings season is adding to the cautiousness, we may see some profit booking in the near-term given sharp run-up in markets Top Gainers TECHM by 1.45% to Rs 788.50. ,INFY by 1.30% to Rs 769.15 ,M&M by 1.28% to Rs 666.65, TCS by 1.24% to Rs 2,073.60, POWERGRID by 0.82% to Rs 197.90. Top Losers IBULHSGFIN By -4.76% to Rs 860.10, IOC by -4.01% to Rs 152.10 ,BAJFINANCE by -2.99% to Rs 3,021.00, VEDL by -2.69% to Rs 186.55.,YESBANK by -2.30% to Rs.260.70. Analysis Of Top Gainer And Loser TECHM is the top gainer in today's market session, With the continuous weakness in the INR The IT sector is in the focus as the buying interest was seen in the overall pack, TechM has been the top performer with the gain of 1.45% in a day. IBULHSGFIN is the top loser in today's market after the private sector lender announced merger Lakshmi villas bank with non-banking finance company Indiabulls Housing Finance (IHF). Key Market News U.S. employment growth accelerated from a 17-month low in March, easing the fears of an abrupt slowdown in economic activity. Finance Minister Arun Jaitley on Sat aforesaid India is likely to become the third largest economy within the world by 2030 with gross domestic product touching $10 trillion, helped by consumption and investment growth. President Donald Trump urges the Fed to cut rates to ease pressure on an economy that he said they slowed down. Foreign portfolio investors (FPIs) sold Rs 798 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 326 crore. Stocks To Watch INFY is on the upside while M&MFIN is on the downside. INFY is currently quoting at Rs.769.15 up by Rs 9.85 or 1.30% from its previous closing of Rs.759.30 on the NSE. The scrip opened at Rs.763.05 & has touched a high & low of Rs.770.00 and Rs. 755.40. respectively. So far 49,19,911(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,35,162.58Cr. The NSE/BSE group stock has touched a 52 week high of Rs.772.25 on 08-FEB-2019 & a 52 week low of Rs.551.00 on 16-APR-2018. M&MFIN is currently quoting at Rs.412.00 down by Rs.-4.40 or -1.06% from its previous closing of Rs.416.40 on the NSE. The scrip opened at Rs.419.70 & has touched a high & low of Rs.419.80 and Rs.409.05 respectively. So far 9,06,112(NSE) shares were traded on the counter. The current market cap of the company is Rs 25,451.92Cr. The BSE/NSE group stock has touched a 52 week high of Rs 534.00 on 30-APR-2018 & a 52 week low of Rs 342.65 on 05-OCT-2018. Share Market News 04-April-2019 RBI’s Disppoints Markets With a Neutral Stance, Sensex ends 192 pts lower Indian share market started flat ahead of RBI policy Meet. the Sensex was up by 45.55 points at 38922.67, while Nifty up by 5 points at 11649. All the sectoral compiled by NSE traded lower, led by the Nifty PSU Bank Index’s 2.7 percent fall. The Indian rupee opened lower against the U.S. dollar ahead of the RBI policy. The home currency depreciated as much as 0.22 percent to 68.57 against the greenback. In the afternoon session, RBI Committee decided to cut its benchmark interest rate. The committee cut the repo rate by 25 basis points to 6 percent. The Sensex was down by 108.96 points or 0.28% at 38,768.16 and the Nifty was down by 31.25 points or 0.27% at 11,612.60. Among sector Auto, Pharma &reality were trading higher while Energy, IT & metal were trading in the red. In a Broder Market, NSE mid-cap was down by 0.27% and smallcap indices were trading lower by 0.75%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading around 11600 Mark. Indian equity benchmarks ended lower for the second consecutive trading session after the Reserve Bank of India cut repo rate as per the expectations, but refrained from shifting to a more easy stance. the Sensex was down 192.40 points at 38,684.72, while Nifty was down 46 points at 11,598. Among sector compiled by NSE fell, led by the Nifty IT Index’s 1.37 percent decline. While, the Nifty Media Index was the top sectoral gainer, up 1.09 percent. In the broader Market Update, the NSE MidCap Index was down by 0.21 percent and the NSE SmallCap Index was lower by 0.47 percent. A key takeaway from the policy is the projection of benign inflation for FY2020. Since the GDP growth rate for FY2020 has been lowered in this benign inflation scenario, one can expect more rate hikes probably two more this year. The stance has been maintained at neutral perhaps in the context of the rising crude price and concerns regarding a below normal monsoon. Top Gainers IBULHSGFIN by 3.29% to Rs 898.50. ,ZEEL by 3.28% to Rs 417.80 ,TATAMOTORS by 2.46% to Rs 206.30, ULTRACEMCO by 2.46% to Rs 4,100.00, BRITANNIA by 2.00% to Rs 3,050.00. Top Losers TCS By -3.00% to Rs 2,017.00, HCLTECH by -2.70% to Rs 1,090.35 ,BPCL by -2.56% to Rs 353.90, HINDALCO by -2.52% to Rs 210.50.,YESBANK by -1.97% to Rs.268.30. Analysis Of Top Gainer And Loser IBULHSGFIN is the top gainer in today's market session, In a regulatory filing, Indiabulls Housing Finance on Wednesday said it has raised Rs 17,300 crore in the March quarter of 2018-19. The company plans to borrow Rs 26,000 crore in the current financial year. TCS is the top loser in today's market, On the expectation of a decline in Q4FY2018-19 results the stock has witnessed selling pressure in today’s market trade, The stock was down by 3 %. Key Market News RBI Committee on Thursday decided to cut its benchmark interest rate. The committee cut the repo rate by 25 basis points to 6 percent. The Nikkei India Services Business Activity Index fell to 52 last month from 52.5 in February. Foreign portfolio investors (FPIs) sold Rs 10,40 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 81 crore. U.S. Crude Oil Inventories recorded 7.238M WoW. Stocks To Watch AUROPHARMA is on the upside while VIPIND is on the downside. AUROPHARMA is currently quoting at Rs.788.50 up by Rs 15.85 or 2.05% from its previous closing of Rs.772.65 on the NSE. The scrip opened at Rs.775.00 & has touched a high & low of Rs.789.50 and Rs. 772.80. respectively. So far 12,77,490(NSE) shares were traded on the counter. The current market cap of the company is Rs 45,839.11Cr. The NSE/BSE group stock has touched a 52 week high of Rs.830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018. VIPIND is currently quoting at Rs.475.05 down by Rs.-12.75 or -2.61% from its previous closing of Rs.487.80 on the NSE. The scrip opened at Rs.489.30 & has touched a high & low of Rs.489.75 and Rs.472.65 respectively. So far 3,19,978(NSE) shares were traded on the counter. The current market cap of the company is Rs 6,717.52Cr. The BSE/NSE group stock has touched a 52 week high of Rs 647.00 on 28-AUG-2018 & a 52 week low of Rs 313.15 on 04-APR-2018. Share Market News 03-April-2019 Nifty retreats from life highs on profit-booking, Ahead Of RBI Policy Indian share market started positively with Sensex opened at a record high. the Sensex is up 119.33 points at 39175.98, while Nifty up 31.90 points at 11745.10. All the sector compiled by NSE advanced, led by the Nifty PSU Bank Index’s 0.83 percent gain. While, the NSE Nifty Media Index was the top sectoral loser, down 0.4 percent. The Indian rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.25 percent to 68.57 against the greenback. In the afternoon session, the Nifty 50 Index hit a new all-time high at 11,761. The Sensex was Up by 149.39 points or 0.38% at 39,206.04 and the Nifty was up by 26.50 points or 0.23% at 11,739.70. Among sector Reality, Metal & Auto were trading higher while Pharma, Energy, IT &media were trading in the red. In a Broder Market, NSE mid-cap was Up by 0.24% and smallcap indices were trading Higher by 0.26%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading above 11700 Mark. Indian equity benchmarks halted a four-day rally, as sentiment turned negative after a private weather forecaster Skymet said it expected a 'below normal' monsoon this year. "Profit-booking has started and that coupled with the monsoon forecast, has impacted the markets investors are also awaiting the outcome of the RBI's interest rate decision due tomorrow. the Sensex was down 179.53 points at 38877.12, while Nifty was down 69.20 points at 11,644. All the sectoral compiled by NSE fell, led by the Nifty PSU Bank Index’s 2.7 percent decline. In the broader Market Update, the NSE MidCap Index was down by 1.11 percent and the NSE SmallCap Index was lower by 1.07 percent.We expect consolidation to continue in the near term. Tomorrow’s RBI monetary policy would provide further direction to the market. Soft inflation and muted domestic macro data have increased the probability of a rate cut. Further, MPC’s commentary on future interest rate and inflation trajectory would be closely monitored by the market participants. On the global front, the movement of crude oil prices and currency would remain on the market radar. Top Gainers IBULHSGFIN by 3.51% to Rs 868.95. ,MARUTI by 2.92% to Rs 7,091.00 ,BAJAJFINSV by 1.72% to Rs 7,405.05, HCLTECH by 1.09% to Rs 1,114.65, TATASTEEL by 0.73% to Rs 534.50. Top Losers BPCL By -4.60% to Rs 363.00, ZEEL by -3.90% to Rs 401.40 ,IOC by -2.97% to Rs 153.45, GAIL by -2.54% to Rs 353.40.,SBIN by -2.40% to Rs.321.10. Analysis Of Top Gainer And Loser IBULHSGFIN is the top gainer in today's market session, The company is witnessing a good buying interest before the RBI monetary Meet decision on the expectation of rate cut. BPCL is the top loser in today's market, The increased in crude oil prices have put the pressure on the oil marketing companies and seen under selling from couple of days. Key Market News World trade reduce by 0.3 percent in the fourth quarter of 2018 and is expected to grow by 2.6 percent this year, slower than 3.0% growth in 2018 and below a previous forecast of 3.7%, the World Trade Organization stated. India’s manufacturing PMI loses growth momentum; eases to 52.6 in March. Nifty 50 Index hit a new all-time high at 11,761. Skymet says India monsoon rains seen below normal this year Foreign portfolio investors (FPIs) bought Rs 543.36 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 437.70 crore, data suggested. Stocks To Watch SUBROS is on the upside while BIOCON is on the downside. SUBROS is currently quoting at Rs.289.90 up by Rs 2.65 or 0.92% from its previous closing of Rs.287.25 on the NSE. The scrip opened at Rs.288.00 & has touched a high & low of Rs.289.90 and Rs. 283.25. respectively. So far 85,885(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,891.18Cr. The NSE/BSE group stock has touched a 52 week high of Rs.378.60 on 18-SEP-2018 & a 52 week low of Rs.205.25 on 28-JAN-2019. BIOCON is currently quoting at Rs.608.00 down by Rs.-7.20 or -1.17% from its previous closing of Rs.615.20 on the NSE. The scrip opened at Rs.616.05 & has touched a high & low of Rs.618.50 and Rs.606.60 respectively. So far 6,31,713(NSE) shares were traded on the counter. The current market cap of the company is Rs 36,480.00Cr. The BSE/NSE group stock has touched a 52 week high of Rs 718.00 on 26-SEP-2018 & a 52 week low of Rs 543.30 on 26-JUL-2018. Share Market News 02-April-2019 Sensex Closes At Record High; Tata Motors surges Indian share market started strong with Nifty around 11,700 level. the Sensex was up 86.98 points or 0.22% at 38958.85, and the Nifty up 9.70 points or 0.08% at 11678.90. All the sector compiled by NSE advanced, led by the Nifty Realty Index’s 1.03 percent rally. While, the Nifty Media Index was the top sectoral loser, down 1.3 percent. The Indian rupee slipped within the early trade on a weekday. It opened lower by 12 paise at 69.27 per dollar versus Friday's close 69.15. In the afternoon session, the Indian share market index was trading higher, Nifty was hovering around 11700 Mark. , The Sensex was Up by 161.48 points or 0.42% at 38,033.35 and the Nifty was up by 41.00 points or 0.35% at 11,710.15. Among sector Reality, Auto, PSU bank were trading higher while Pharma and media were trading in the red. In a Broder Market, NSE mid-cap was Up by 0.23% and smallcap indices were trading Higher by 0.02%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading above 11700 Mark. Indian share market ended higher for the fourth consecutive day, Nifty finished above 11,700 level. The investors turned their focus to a key three-day RBI meeting. The Reserve Bank of India (RBI) is expected to cut its benchmark lending rate for a second consecutive time when its meeting ends on Thursday. the Sensex was up 184.78 points at 39056.65, while Nifty was up 44 points at 11713.20. Among Sector compiled by NSE advanced, led by the Nifty Realty Index’s 2.3 percent rally. While, the Nifty Media Index was the top sectoral loser, down 0.87 percent. In the broader Market Update, the NSE MidCap Index was up by 0.38 percent and the NSE SmallCap Index was lower by 0.21 percent. In the near term, we expect some consolidation post the recent run-up. The upcoming RBI monetary policy would provide further direction. Soft inflation and muted domestic macro data have increased the probability of a rate cut. Further, MPC’s commentary on future interest rates and inflation trajectory would be closely monitored. On the global front, the movement of crude oil prices and currency would remain on the market’s radar. Top Gainers TATAMOTORS by 8.62% to Rs 203.50. ,BHARTIARTL by 4.46% to Rs 356.00 ,EICHERMOT by 2.80% to Rs 20,610.00,SBIN by 2.53% to Rs 330.90,BAJFINANCE by 2.38% to Rs 3,073.00. Top Losers ZEEL By -2.81% to Rs 419.55, BPCL by -2.42% to Rs 382.40,BAJAJ-AUTO by -2.32% to Rs 2,848.00, BRITANNIA by -1.77% to Rs 2,995.85.,SUNPHARMA by -1.75% to Rs.470.45. Analysis Of Top Gainer And Loser TATAMOTORS is the top gainer in today's market session, Tata Motors extended gains for the fourth consecutive trading session After The company's British luxury car unit Jaguar Land Rover (JLR) on Friday reaffirmed expectations of a financially higher fourth quarter. ZEEL is the top loser in today's market, The promoters of Zee Entertainment have sold Rs 332 crore worth of the firm’s shares in recent months, according to exchange disclosures. Key Market News RBI modified the revelation on material divergences on provisioning, saying the bank will have to disclose their provisions if the divergence is more than 10% of the bank’s PBT compared to 15% of PAT earlier. Output growth of eight core industries slowed down to 2.1% in February 2019 against 5.4% growth during February 2018. The RBI can once more swap up to $5 billion to infuse sturdy liquidity within the system, a month after the first swaps saw a massive response from banks. The price of Aviation Turbine Fuel (ATF) was hiked by Rs 677.1 per kilolitre, or 1.07 percent, to Rs 63,472.22 per kl in the national capital. The price of non-subsidized cooking gas (LPG) has been increased by Rs 5 per 14.2-kg cylinder. It will now cost Rs 706.50 in the national capital. Foreign portfolio investors (FPIs) bought Rs 898.79 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 1,032.81 crore. Goods and Services Tax (GST) collection has touched Rs 11.77 trillion in fiscal 2018-19, with the record realization of Rs 1.06 trillion in March alone. Stocks To Watch LUPIN is on the upside while APOLLOTYRE is on the downside. LUPIN is currently quoting at Rs.776.50 up by Rs 10.30 or 1.34% from its previous closing of Rs.766.20 on the NSE. The scrip opened at Rs.767.00 & has touched a high & low of Rs.783.65 and Rs. 759.05. respectively. So far 26,66,266(NSE) shares were traded on the counter. The current market cap of the company is Rs 35,151.97Cr. The NSE/BSE group stock has touched a 52 week high of Rs.986.10 on 10-SEP-2018 & a 52 week low of Rs.719.80 on 28-MAR-2019. APOLLOTYRE is currently quoting at Rs.221.05 down by Rs.-4.80 or -2.13% from its previous closing of Rs.225.85 on the NSE. The scrip opened at Rs.226.10 & has touched a high & low of Rs.226.50 and Rs.219.75 respectively. So far 23,92,936(NSE) shares were traded on the counter. The current market cap of the company is Rs 12,670.91Cr. The BSE/NSE group stock has touched a 52 week high of Rs 307.25 on 17-APR-2018 & a 52 week low of Rs 192.05 on 23-OCT-2018. Share Market News 01-April-2019 Sensex smashes through 39,000 but settles off highs: Nifty tops 11,650. Indian share market started positively with Nifty above the 11,650 level, building on strong gains of March, tracking a rally in Asian markets. the Sensex was up 189.65 points or 0.49% at 38862.56, and the Nifty up 53.10 points or 0.46% at 11677.00. All the sector compiled by NSE advanced, led by the NSE Nifty Metal Index’s 1.64 percent rally. In the afternoon session, the Indian share market index was trading higher, Nifty was hovering around 11700 Mark. , The Sensex was Up by 255.10 points or 0.66% at 38,928.01 and the Nifty was up by 63.75 points or 0.55% at 11,687.65. All the sectors were trading in the green, led by Metal, Bank, Infra & IT. In a Broder Market, NSE mid-cap was Up by 0.98% and smallcap indices were trading Higher by 1.49%, respectively. Indian Share market Update in the last hour of trade, Nifty was trading at day’s high above 11700 Mark. Indian share market ended higher but off day's high on the back of last hour selling pressure on the first day of the financial year 2020. The Sensex touched a record high of 39,115.57 during the day, while Nifty also closed above 11,650 level. The Sensex rose 164.27 points at 38,837.18, while Nifty was up 31.70 points at 11,655.60. Among Sector compiled by NSE advanced, led by the Nifty realty index’s 0.87 percent fall. While, the Nifty Metal Index was the top sectoral gainer, up 1.84 percent. In the broader Market Update, the NSE MidCap Index was up by 0.41 percent and the NSE SmallCap Index was higher by 0.98 percent. Top Gainers TATAMOTORS by 7.49% to Rs 187.30. ,HINDALCO by 5.28% to Rs 216.35,BHARTIARTLby 2.97% to Rs 343.00,WIPRO by 2.69% to Rs 261.65,MARUTI by 2.51% to Rs 6,840.00. Top Losers ZEEL By -3.28% to Rs 430.90, UPL by -2.80% to Rs 932.00,EICHERMOT by -2.59% to Rs 20,015.00, IOC by -2.55% to Rs 158.70.,INDUSINDBK by -2.23% to Rs.1,740.35. Analysis Of Top Gainer And Loser TATAMOTORS is the top gainer in today's market session, After The company's British luxury car unit Jaguar Land Rover (JLR) on Friday reaffirmed expectations of a financially better fourth quarter. ZEEL is the top loser in today's market, The company was under the selling pressure in today’s market trade, The stock was down around 3.3 %. Key Market News Non-performing loan ratio of banking sector improves in 9MFY19: Fitch The Central Board of Direct Taxes (CBDT) raises alarm as FY19 direct tax collection falls short by 15% Basmati rice export is projected to hit a record level of Rs 30,000 crore or nearly $4.28 billion (at Rs 70 a dollar) this season. In addition, shippers are getting a higher realization vis-à-vis their procurement cost Hindustan Petroleum Corporation will be replaced by Britannia Industries in the Nifty50. India's current account deficit (CAD) came in at USD16.9b (2.5% of GDP) in 3QFY19 as against USD13.7b (2.1% of GDP) in the year-ago quarter. Indian Fiscal deficit crosses 134% of budget estimate at Feb-end. India's foreign exchange reserves surge for the third week in a row, adding $1.029 billion at $406.667 billion in the week to March 22. The government is looking to raise Rs 4.42 lakh crore through market borrowings in the first half of 2019-20, finance secretary Subhash Chandra Garg said on March 29. Foreign portfolio investors (FPIs) sold Rs 86 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 1,724 crore. Stocks To Watch BHEL is on the upside while DABUR is on the downside. BHEL is currently quoting at Rs.75.95 up by Rs 1.00 or 1.33% from its previous closing of Rs.74.95 on the NSE. The scrip opened at Rs.75.45 & has touched a high & low of Rs.77.85 and Rs. 74.80. respectively. So far 2,51,56,745(NSE) shares were traded on the counter. The current market cap of the company is Rs 26,428.86Cr. The NSE/BSE group stock has touched a 52 week high of Rs.91.15 on 12-APR-2018 & a 52 week low of Rs.56.20 on 05-FEB-2019. DABUR is currently quoting at Rs.400.55 down by Rs.-8.25 or -2.02% from its previous closing of Rs.408.80 on the NSE. The scrip opened at Rs.410.05 & has touched a high & low of Rs.411.35 and Rs.399.10 respectively. So far 59,07,663(NSE) shares were traded on the counter. The current market cap of the company is Rs 70,916.59Cr. The BSE/NSE group stock has touched a 52 week high of Rs 490.65 on 27-AUG-2018 & a 52 week low of Rs 326.20 on"/>

10th Jul 2019 | 17:20 PM IST

Share Market News: Today’s Nifty & Sensex Updates

Share Market News 11-July-2019

Sensex recovers from 380 pts fall to end flat; Nifty at 11,555; RIL up 2.20 %.

The Indian share market started on a positive note with Sensex gaining by 211.66 points at 38,768.70 and the Nifty grew by 59.50 points at 11,558.40. Amongst global markets, Asian stocks gained and the dollar waned on Thursday following Federal Reserve Chair Jerome Powell reinforced prospects of a US interest rate cut succeeding this month. Among sectorial compiled by NSE gained, led by the Nifty Metal Index’s 1.2 percent advance.

The benchmark indices were holding the morning gains, the elevation was provided from the HDFC twins & Ril, which were trading with gains of more than 0.70 percent. The indices, Sensex and nifty were trading at 38,743 & 11,555. The broader market was performing mixed in the afternoon session with a gain of 0.21 percent in mid-cap & loss of 0.05 percent in small-cap. On the sectoral front, all the indices were in the green zone led by Media, Reality & Pharma.

Indian share market after four days of losing streak has closed positively. The Sensex was up 266.07 points at 38,823.11 and the Nifty rallied 84 points to 11,582.90. Among sectors, auto, metal, and media were among the leading contributors to the benchmark indices. In the broader market, The mid & small -cap too had a strong day, closing with the gain of 0.73 & 0.33 percent. Going ahead, On Immediate term, the support for nifty is coming near 11,535-11,460 zone holding stated levels, the index can see some push towards the resistance of 11650-11,700 zone. The nifty bank has support near 30,550-30,400 zone and resistance is coming near 31850-31080 zone.

Top Gainers

ZEEL by 7.59% to Rs 358.00,JSWSTEEL by 4.96% to Rs 267.55, HEROMOTOCO by 4.59% to Rs 2,510.05, INDUSINDBK by 3.61% to Rs 1,541.00, TATAMOTORSby 3.20% to Rs 156.50.

Top Losers

TECHM By -1.41% to Rs 665.35, ICICIBANK by -1.17% to Rs 425.85,IOC by -0.78% to Rs 147.00, UPL by -0.54% to Rs 631.45, AXISBANK by -0.49% to Rs. 765.45.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session, After the report by the brokerage houses over the upcoming the result will be positive for zee the company witnessed the buying interest in today’s trade.

TECHM is the top loser in today's market, the stock is continually in selling pressure from the last couple of week, today also the stock has sunk by more than 1 percent.

Key Market News

  • RBI panel bats for extended trading hours for forex.
  • Cabinet nod for the bill to ban unregulated deposit schemes
  • Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 604.94 crore on Wednesday, DIIs were net buyers to the tune of Rs 667.40 crore

Stocks To Watch

KEC is on the upside while BEML is on the downside.

KEC is currently quoting at Rs.325.15 up by Rs 5.30or 1.66% from its previous closing of Rs.319.85 on the NSE. The NSE stock has touched a 52 week high of Rs.354.70 on 25-JUL-2018 & a 52 week low of Rs.233.30 on 29-JAN-2019. The stock has taken the support on its trendline, and bounce back from its current levels in today’s session as the buying interest in cash is high in this stock.

TECHM is currently quoting at Rs.665.35 down by Rs. -9.50 or -1.41% from its previous closing of Rs.674.85 on the NSE. The NSE stock has touched a 52 week high of Rs 846.50 on 02-MAY-2019 & a 52 week low of Rs 612.40 on 26-JUL-2018. The stock after making the double top on the weekly chart and completing the pattern with the broken neckline with heavy volume is continually trading in a downtrend with lower low’s. The stock is likely to continue the same trend going forward.

Share Market News 10-July-2019

Nifty ends below 11,500,Sensex loses 174 pts;IndiGo plunges 10%

Indian benchmark indices fell moderately despite positive Asian cues, caught by TCS earnings which disappointed Street. The Sensex declined by 103.77 points at 38,627.05 and the Nifty50 fell 38 points to 11,517.90. Among sector compiled by NSE gained, led by the NSE Nifty Media Index’s 0.9 percent advance. On the flip side, the NSE Nifty IT Index was the top sectoral loser, down 0.65 percent.

The Indian share market was trading indecisively in a narrow range, with not much of action to been seen in d-street. The Sensex was down by 86 points at 38,644, While Nifty at 11,526.80. Metal, Auto & the PSUbank were the worst-hit sectors, While Media was trading at the positive side. In the broader market, Mid & Small-Cap sank by 0.35 & 0.16 percent.

Indian equity benchmarks ended lower, dragged by Bajaj Fin twins and Larsen & Toubro Ltd. The BSE Sensex was down 173.78 points at 38,557.04 and the Nifty50 fell 57 points to 11,498.90. Meanwhile, shares of InterGlobe Aviation registered their steepest drop after the company’s promoter Rakesh Gangwal has alleged “questionable� related-party transactions between the IndiGo’s parent and private entities. In a broader outlook, Nifty Midcap, Auto, Metal, PSU Bank and Realty indices all slipped a percent each.

Top Gainers

YESBANK by 2.08% to Rs 93.25,COALINDIA by 1.70% to Rs 233.50, SUNPHARMA by 1.05% to Rs 390.45, ICICIBANK by 0.75% to Rs 431.70, KOTAKBANK by 0.52% to Rs 1,470.50.

Top Losers

BAJFINANCE By -5.11% to Rs 3,419.00, IBULHSGFIN by -4.28% to Rs 657.70,BAJAJFINSV by -3.10% to Rs 7,611.90, TATASTEEL by -3.05% to Rs 454.15., BPCL by -2.85% to Rs. 349.85.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session, After the positive commentary from the company management the stock is continuously gaining the buying interest.

BAJFINANCE is the top loser in today's market, after the company hinted regarding the slowdown and their balance sheet likely to be hit from it, thus emerged the negative sentiment for the stock.

Key Market News

  • Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 674.26 crore on Tuesday, DIIs were net buyers to the tune of Rs 711 crore,

Stocks To Watch

KEC is on the upside while BEML is on the downside.

KEC is currently quoting at Rs.320.90 up by Rs 2.40 or 0.75% from its previous closing of Rs.318.50 on the NSE. The NSE stock has touched a 52 week high of Rs.354.70 on 25-JUL-2018 & a 52 week low of Rs.233.30 on 29-JAN-2019. The stock is taking the support on its trendlyne , and is expected to bounce back from its current levels as the buying interest in cash is high in this stock.

BEML is currently quoting at Rs.851.00 down by Rs.-26.35 or -3.00% from its previous closing of Rs.877.35 on the NSE. The NSE stock has touched a 52 week high of Rs 1,034.90 on 03-APR-2019 & a 52 week low of Rs 521.25 on 26-OCT-2018. The stock after consolidating for last 7 trading session has given a downside breakdown, the confirmation downside candle coupled with the stochastic divergence on the daily chart also indicate the downtrend in the coming session.

Share Market News 09-July-2019

Sensex recovers from 380 pts fall to end flat; Nifty at 11,555; RIL up 2.20 %.

Indian stock markets remained weak for the third day in a row as tax proposals declared in the Union Budget continued to unnerve investors. Moreover, denting the domestic sentiment, global markets have also been on a downtrend. The Sensex fell 69.57 points to 38,651 and the Nifty50 slipped 38.80 points to 11,519.80. Among sector compiled by NSE traded lower, led by the NSE Nifty PSU Bank Index’s 1.1 percent decline. On the flipside, the NSE Nifty Pharma Index was the top sectoral gainer, up 0.34 percent.

The Indian share market after a gap down opening has bounced from day’s low in the afternoon session. The heavyweight reliance has driven the market higher, trading with the gains of 2.20 percent. The Sensex & Nifty was trading at 39,695.99 &11,553.45. Among sector, Pharma was the top performer, While, IT & FMCG were on the downside.

It was a muted ending for Indian share market in today’s trade. The market breadth closed in favor of buyers. About 871 stocks advanced and 860 shares declined on NSE. There was an immense volatile action in a specific counter, which includes Titan, declined nearly 12.25 percent in a day, while, Sunpharma was among the top performer on NSE. The significant role was played by the Reliance Industries posting the gains of 2.47 percent, was the major contributor, for holding the indices higher. In closing, The Sensex rose 10.25 points to 38,730.82 while the Nifty50 fell 2.70 points to 11,555.90. However, the broader market outshines the frontline indices by posting the gains of 0.36 & 0.39 percent in mid & small-cap indices respectively.

Top Gainers

IOC by 5.73% to Rs 152.30,BAJFINANCE by 5.59% to Rs 3,604.00, SUNPHARMA by 5.51% to Rs 387.00,HEROMOTOCO by 3.16% to Rs 2,455.40, BAJAJFINSV by 2.88% to Rs 7,812.00.

Top Losers

TITAN By -12.25% to Rs 1,099.00, UPL by -3.55% to Rs 638.60,TCS by -2.55% to Rs 2,120.00, GAIL by -2.45% to Rs 147.35., HCLTECH by -1.93% to Rs. 1,019.00

Analysis Of Top Gainer And Loser

IOC is the top gainer in today's market session, After the sharp fall in yesterday’s trade, the stock witnessed a good buying interest from the lower levels.

TITAN is the top loser in today's market after the company reported subdued revenue growth for the April-June quarter on the back of the tough macroeconomic environment and weak consumption trend.

Key Market News

  • Net-net, foreign portfolio investors (FPIs) were net sellers of domestic stocks to the tune of Rs 402 crore on Monday, DIIs were net buyers to the tune of Rs 321 crore.

Stocks To Watch

JUSTDIAL is on the upside while BEML is on the downside.

JUSTDIAL is currently quoting at Rs.802.90 up by Rs 30.95 or 4.01% from its previous closing of Rs.771.95 on the NSE. The NSE stock has touched a 52 week high of Rs.824.80 on 09-JUL-2019 & a 52 week low of Rs.409.15 on 01-OCT-2018. The stock has given a channel breakout after consolidating for 23 trading session. The stock is likely to buy in dips candidate.

BEML is currently quoting at Rs.872.80 down by Rs.-11.75 or -1.33% from its previous closing of Rs.884.55 on the NSE. The NSE stock has touched a 52 week high of Rs 1,034.90 on 03-APR-2019 & a 52 week low of Rs 521.25 on 26-OCT-2018. The stock after consolidating for last 7 trading session has given a downside breakdown, the confirmation downside candle on the daily chart also indicate the downtrend in the coming session.

Share Market News 08-July-2019

Sensex plunges 793 pts, Nifty holds above 11,550: Bajaj Fin twins top losers.

Indian markets plunged sharply in early trade, disappointed by some Budget proposals in the Union Budget, coupled with the weak global markets. The Sensex fell 250.45 points to 39,262.94 and the Nifty plunged 85.60 points to 11,725.60. In line with benchmark the broder market, Nifty mid & Small-Cap also declined by more than 200 points. All the sectoral gauges compiled by NSE declined, led by the Nifty PSU Bank Index’s 1.7 percent fall.

The drop gets extended with the frontline index trading near its day’s low. The Sensex was trading at 38,926.62 down by 586 points, while, nifty dropped by 185.55 points at 11,625.10. A massive sell-off was evident in the Mid & Small-Cap, which were down by more than 2.20 percent. The bloodbath was seen across all sectors, Nifty PSUBank & reality were among the worst hit in the afternoon session.

The Indian share market registered one of the worst trading session in a decade. On Friday, After presenting the budget, the market started to slips and the bears took control of the d-street. The tax on buyback, which is likely to hit badly as the companies will now avoid buybacks. Additionally, the proposal to raise the minimum public shareholding limit to 35 percent has been the concerning subject among the market participants. the Sensex fall by 792.82 points or 2.01 percent to 38,720.57 and the Nifty plunged 247.20 points or 2.09 percent to 11,564. Parallel to the frontline the broader markets also tumbled sharply as the Nifty Midcap and Smallcap indices dropped over 2 percent. All the sectoral gauges compiled by NSE ended lower, led by the Nifty Realty Index’s 6.7 percent decline.

Technically, the Strong support for the index is coming near 11500-11426 zone and the immediate strong hurdle is coming near 11620-11690 zone. the nifty bank closed a day at 30604 with strong loss of 872, the index for a nifty bank is coming near 30500-30200 zone and resistance is coming near 30850-31100 zone for coming days.

Top Gainers

YESBANK by 5.90% to Rs 93.35,HCLTECH by 1.83% to Rs 1,035.05, INFRATEL by 0.59% to Rs 262.55,TCS by 0.37% to Rs 2,171.10, JSWSTEEL by 0.17% to Rs 263.00.

Top Losers

BAJAJFINSV By -10.12% to Rs 7,581.90, BAJFINANCE by -7.77% to Rs 3,430.00,ONGC by -5.57% to Rs 152.50, NTPC by -5.35% to Rs 129.20., HEROMOTOCO by -5.26% to Rs. 2,380.10.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session After YES Bank said in a regulatory filing that “The financial position of YES Bank is sound and stable and its liquidity and operating performance continue to be robust,�

BAJAJFINSV is the top loser in today's market, The stock witnessed heavy selling in today’s trading session, Closed with a decline of 10.12 percent.

Key Market News

  • China's June forex reserves rise to $3.119 trillion.
  • Govt plans to issue overseas bonds in the 2nd half of the current financial year.
  • US job creation soars 224,000 in June; unemployment rises to 3.7%.
  • Net-net, foreign portfolio investors (FPIs) were net sellers of domestic stocks to the tune of Rs 89 crore on Friday, DIIs were net buyers to the tune of Rs 276 crore.

Stocks To Watch

TCS is on the upside while BEML is on the downside.

TCS is currently quoting at Rs.2,171.10 up by Rs 8.00 or 0.37% from its previous closing of Rs.2,163.10 on the NSE. The NSE stock has touched a 52 week high of Rs.2,292.50 on 21-JUN-2019 & a 52 week low of Rs.1,784.35 on 29-OCT-2018. The stock in today trade has taken support from the major trendline and shown the strength, additionally, the company will be posting the result on 9th expecting the upward in coming days.

BEML is currently quoting at Rs.888.00 down by Rs.-19.20 or -2.12% from its previous closing of Rs.907.20 on the NSE. The NSE stock has touched a 52 week high of Rs 1,034.90 on 03-APR-2019 & a 52 week low of Rs 521.25 on 26-OCT-2018. The stock after consolidating for last 7 trading session has given a downside breakdown, In the near term, it's expected to be in the downtrend.

Share Market News 04-July-2019

Sensex rises for 3rd day, up 23 pts; Nifty above 11,900; PSU Bank Shines

Indian share market started on a flat note, ahead of Union Budget scheduled on July 5. Sensex was up 66.64 points at 39,905.89, while Nifty grew by 22.50 points at 11939.30. Among the sectors, PSU bank led the gainers followed by IT, pharma and auto, while selling seen in the metal index. The focus will be on the banking stock in today’s trade on hopes that public sector banks will get recapitalization by the government in the upcoming Budget.

In the afternoon session, the Indian share market has cooled off from its day’s high. The Sensex was trading 39,881 up 42 points & nifty at 11,396.10. It was the mixed performance on the sectoral front with banking, media & reality were the upside contributor, while metal & pharma on the downside. The Mid-cap & Smallcap were seen trading with marginal gains of 0.02 & 0.37 percent.

In today’s trading session, selling was emerging in each rise, closing the indices on flat to a positive note. The Sensex grew by 68.81 points at 39,908.06, while Nifty was up by 21.20 points at 11,938. among sector compiled by NSE ended higher, led by the PSU Bank Index’s 1.3 percent gain. On the flipside, the Metal Index was the top sectoral loser, down 1.1 percent. The broader market had a mixed closing, with mid-cap down by 0.03 percent & Small cap was higher by 0.48 percent.

The economic survey conducted by the chief economic adviser Krishamurthy Subramanian indicates a GDP growth speeding up, investment recovery & had also outlined blueprint to achieve Modi's dream of $5 trillion economies. Besides, Nifty and Nifty Bank forming Doji sort of candle pattern since three-four sessions suggest indecision in the markets before Budget. Nifty has strong resistance around 12,000 marks any decisive break above 12,000 will only lead in the strong move towards 12,100-12,200 zone or else every rise will use for profit booking, support for the index is coming near 11,900-11,850 zone.

Top Gainers

UPL by 6.87% to Rs 696.55,BHARTIARTL by 2.52% to Rs 362.10, BRITANNIA by 1.91% to Rs 2,848.00,TATAMOTORS by 1.76% to Rs 165.15, ULTRACEMCO by 1.71% to Rs 4,639.00.

Top Losers

YESBANK By -3.06% to Rs 96.70, TITAN by -2.90% to Rs 1,289.95,ZEEL by -1.26% to Rs 356.65, JSWSTEEL by -1.19% to Rs 274.10., HCLTECH by -1.11% to Rs. 1,039.50.

Analysis Of Top Gainer And Loser

UPL is the top gainer in today's market session, The stock in expectation of some policies from union budget toward the farmer that can boost the spending power and cultivation can benefit the UPL.

YESBANK is the top loser in today's market after the news of the default is been circulated there is immense selling pressure in the stock.

Key Market News

  • Foreign portfolio investors (FPIs) were net sellers of domestic stocks to the tune of Rs 390 crore on Wednesday, DIIs were net buyers to the tune of Rs 288 crore.
  • RBI forms working group to review regulatory framework for core investment company's.

Stocks To Watch

VGUARD is on the upside while TITAN is on the downside.

VGUARD is currently quoting at Rs.247.50 up by Rs 5.60 or 2.32% from its previous closing of Rs.241.90 on the NSE. The NSE stock has touched a 52 week high of Rs.252.00 on 26-JUN-2019 & a 52 week low of Rs.159.40 on 09-OCT-2018. The company is likely to post a good quarterly result, Additional, On the technical front, the stock has seen a good buying interest and closed with the heavy volumes.

TITAN is currently quoting at Rs.1,289.95 down by Rs.-38.50 or -2.90% from its previous closing of Rs.1,328.45 on the NSE. The NSE stock has touched a 52 week high of Rs 1,340.90 on 01-JUL-2019 & a 52 week low of Rs 732.30 on 09-OCT-2018. The company has been downgraded by numerous brokerage house as the valuation is not likely to justify its current market price, Moreover, the stock has witnessed the selling pressure from higher levels and likely to remain so in coming day’s.

Share Market News 03-July-2019

Sensex rises for 3rd day, up 23 pts; Nifty above 11,900; PSU Bank Shines

Indian share market opened lowered on the back of mixed global cues. Global newsflows (G20 summit, tariff war developments), Union Budget expectations and monsoon progress are key monitorable, which is likely to keep investor cautious. In the early trade, the Sensex was down by 47.44 points at 39,769.04 & Nifty at 11,899.90. On the sectoral, IT, Metal, & FMCG were trading marginally higher, While buying was seen in the auto, infra and energy space.

In the afternoon session, the Indian share market was trading flat with Sensex up by 27 points at 39,843.79 and Nifty at 11,916.00. In the broader market Mid & Small -Cap was trading higher by 0.20 & 0.29 percent. Among sector PSUBank & Media were the top performers, While Pharma and Metal were on the selling side. The Crude was seen giving the following trend of yesterday’s sharp fall.

It was a choppy session for the Indian share market. The frontline indices were seen moving in the narrow range with not much of the action to view. Nevertheless, the Nifty defended 11,900 marks and closed at 11,916.75 and Sensex at 39,839.25 up by 23 points. In the broader market, the Mid & Small-Cap had closed with the gains of 0.39 & 0.35 percent. Among sector, Media, PSU bank & Reality were on the advancing side, while Nifty IT was the top loser with the decline of 0.91 percents. The Nifty & BankNifty are trading near its trendline resistance, the upcoming weekly expiry & the union budget is anticipated to bring some significant movement with the surge in the volatility.

Top Gainers

IBULHSGFIN by 7.50% to Rs 690.60,INDUSINDBK by 3.99% to Rs 1,473.00, ITC by 1.22% to Rs 277.20,ZEEL by 1.19% to Rs 360.65, GRASIM by 1.11% to Rs 930.00.

Top Losers

EICHERMOT By -2.74% to Rs 19,585.55, GAIL by -1.91% to Rs 305.40,TECHM by -1.44% to Rs 701.40, VEDL by -1.37% to Rs 172.25., DRREDDY by -1.33% to Rs. 2,592.80.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, After Company informed exchanges that it has redeemed (bought back) secured, redeemable, non-convertible debentures of face value Rs 10,00,000 each.

EICHERMOT is the top loser in today's market after the company recorded a sharp decline in the June monthly sales number.

Key Market News

  • Japan service sector growth picks up: PMI
  • Net-net, foreign portfolio investors (FPIs) were net sellers of domestic stocks to the tune of Rs 512 crore on Tuesday, DIIs were net buyers to the tune of Rs 141.09 crore.

Stocks To Watch

JUST DIAL is on the upside while WHIRLPOOL is on the downside.

JUST DIAL is currently quoting at Rs.786.95 up by Rs 22.35 or 2.92% from its previous closing of Rs.764.60 on the NSE. The NSE stock has touched a 52 week high of Rs.819.70 on 03-JUN-2019 & a 52 week low of Rs.409.15 on 01-OCT-2018. The stock after consolidating for the last couple of week is likely to resume its uptrend, as the increase in volume is also indicating the same.

WHIRLPOOL is currently quoting at Rs.1,600.00 down by Rs.-51.60 or -3.12% from its previous closing of Rs.1,651.60 on the NSE. The NSE stock has touched a 52 week high of Rs 1,954.70 on 02-SEP-2018 & a 52 week low of Rs 1,263.80 on 05-OCT-2018. The stock is currently cooling off from its overbought zone, So in the coming days, the stock can witnesses the lower levels.

Share Market News 02-July-2019

Nifty ends above 11,900, Sensex gains for the second day; Tech outshines.

Indian share market started on the flat note, tracking weak cues from global equities amid concerns of a global economic slowdown. the Sensex was up by 3.70 points or 0.01% at 39690.20, and the Nifty grew by 1.90 points or 0.02% at 11867.50. Among sectors, buying seen in the energy, FMCG space, while auto, IT, metal and pharma are under pressure

In the afternoon session, the Indian share market was trading at day’s low. Pharma, banking & reality stock was among the top losers, contributing to haul the frontline indices lower. The Sensex was 145 points lower at 39,541 & nifty was at 11,826. The selling was evident in the mid & small cap also, declining by 0.11 & 0.43 percent respectively.

Benchmark indices rebounded from the day’s low with the heavyweight HDFC, RIL & INFY leading the move to settle nifty above 11,900. Once again the power stock was on the spotlight as a robust buying was witnesses in today’s trade. At closing, the Sensex gained 129.98 points to finish at 39,816.48 and the Nifty50 climbed 44.70 points to 11,910.30. However, the broader market ended with the mixed show, As Mid-cap index closed with the gains of 0.37 percent & small-cap closed with a decline of 0.08 percent. On the sectoral front, the sector compiled by NSE ended lower, led by the Nifty Realty Index’s 1.59 percent fall. On the flipside, the Nifty IT Index was the top sectoral gainer, up 1.04 percent.

In the near term, volatility is likely to remain high and hence we maintain our cautious stance on the markets at higher levels. The upcoming Union Budget is likely to provide further direction to the market. Globally, while the temporary trade truce between the US and China is a positive development, the recently escalated tensions between the US and Iran could continue to induce high volatility across indices. Further, market participants would closely monitor the monsoon progress, movement of crude oil prices and currency fluctuations

Top Gainers

UPL by 3.75% to Rs 655.85,ONGC by 2.98% to Rs 165.80, IBULHSGFIN by 2.83% to Rs 639.55,IOC by 2.01% to Rs 154.70, EICHERMOT by 1.86% to Rs 19,991.10.

Top Losers

YESBANK By -8.29% to Rs 100.10, TATAMOTORS by -2.68% to Rs 163.50,SUNPHARMA by -2.63% to Rs 394.70, DRREDDY by -1.01% to Rs 2,628.00., AXISBANK by -0.97% to Rs. 802.55..

Analysis Of Top Gainer And Loser

UPL is the top gainer in today's market session, The stock after adjusting to its bonus price saw a healthy buying interest from the investors.

YESBANK is the top loser in today's market after the report came that a Mumbai-based Radius Developers has defaulted on scheduled interest payments on an Rs 1,200-crore loan to the private lender.

Key Market News

  • GST collection of 99,939 crores in the month of Jun.
  • The eight core index grew by 5.1 percent in may, witnessing the growth in the steel sector was most among others.
  • India’s gold imports rose 12.6 percent in June amid a jump in global prices to six-year highs.
  • Steel ministry comes up with draft steel scrap policy.
  • Net-net, foreign portfolio investors (FPIs) were net buyers of domestic stocks to the tune of Rs 426.53 crore on Monday, DIIs were net sellers to the tune of Rs 51 crore.

Stocks To Watch

M&M is on the upside while QUESS is on the downside.

M&M is currently quoting at Rs.667.60 up by Rs 7.60 or 1.15% from its previous closing of Rs.660.00 on the NSE. The NSE stock has touched a 52 week high of Rs.993.00 on 29-AUG-2018 & a 52 week low of Rs.597.20 on 16-MAY-2019. The stock after consolidating for a couple of days, the stock had resumed its upward trend and likely to remain so in coming days.

QUESS is currently quoting at Rs.518.50 down by Rs.-35.85 or -6.47% from its previous closing of Rs.554.35 on the NSE. The NSE stock has touched a 52 week high of Rs 1,144.40 on 02-JUL-2018 & a 52 week low of Rs 511.50 on 02-JUL-2019. The stock is continuously trading in the downtrend making lower lows, hitting 52 weeks low each day with the rise in the volume and may continue the same pattern going ahead.

Share Market News 01-July-2019

Nifty tops 11,850, Sensex up 290 pts, Over US-China trade truce.

Tracking the positive global market, the Indian share market opened higher. the Sensex was up by 201.06 points or 0.51% at 39,595.70, and the Nifty advanced by 57.80 points or 0.49% at 11846.70. All the sectoral indices were trading in the green led by metal, pharma, FMCG, auto, banks, energy, and infra. Rupee also gained for the sixth session on the lower deficit, trade truce. The Indian currency has opened higher by 12 paise at 68.90 per dollar on Monday against Friday close of 69.02.

The auto sector after posting a decline in monthly sales figure was trading higher since the numbers were in-line with the estimates. In the afternoon session, the Sensex was trading at 39,696.42 up by 301.78 points, while the nifty at 11872.00. The HDFC Twins & reliance were the major contributors in the benchmark indices trading with the gains of more than 1 percent. The broader market was also trading higher, with mid & small grew by 0.49 & 0.33 percent.

Indian share market in-line with global market following the US-china trade truce closed higher. In today’s trade, on the anticipated policy to come by on Friday budget speech, explicit stock/sector was on the investor's radar including such as reality, gold jewellery, PSU bank, etc. The major contributor in the nifty was the HDFC Twins & RIL. Altogether it was a healthy close with Sensex up by 291.66 points at 39,686.50, while Nifty was up 76.70 points at 11,865.60. among sector compiled by NSE ended higher, led by the Nifty Media Index’s 3.4 percent advance. On the flipside, the NSE Nifty IT Index was the top sectoral loser, down 0.2 percent. The broader market also had a positive closing with Mid & Small-Cap up by 0.17 & 0.59 percent.

Top Gainers

ZEEL by 8.37% to Rs 367.00,DRREDDY by 4.06% to Rs 2,653.95, BAJAJ-AUTO by 3.11% to Rs 2,915.00,TATAMOTORS by 3.11% to Rs 167.60, HDFC by 2.65% to Rs 2,250.10..

Top Losers

BPCL By -4.10% to Rs 376.35, ONGC by -3.87% to Rs 161.25,IOC by -2.44% to Rs 152.10, COALINDIA by -1.79% to Rs 249.25., HCLTECH by -1.46% to Rs. 1,049.10.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session, The last hour buying in the stock help the stock to be the top performer in Nifty50.

BPCL is the top loser in today's market, The recent rise in the crude price had put the pressure OMC’c, resulting in the BPCL to be the top loser.

Key Market News

  • RBI eases leverage ratio for banks to raise their lending capacity.
  • India Inc's foreign borrowing jumps to $3.55 bn in May
  • China's factory activity shortens as US tariffs, slowdown hit orders
  • BSE launches commodity derivative trading in turmeric
  • Net-net, foreign portfolio investors (FPIs) were a net seller of domestic stocks to the tune of Rs 513.91 crore on Friday, DIIs were net buyers to the tune of Rs 182.40 crore.

Stocks To Watch

CHAMBLFERT is on the upside while GLENMARK is on the downside.

CHAMBLFERT is currently quoting at Rs.182.90 up by Rs 7.80 or 4.45% from its previous closing of Rs.175.10 on the NSE. The NSE stock has touched a 52 week high of Rs.195.00 on 10-JUN-2019 & a 52 week low of Rs.128.10 on 08-OCT-2018. The stock after consolidating a couple of the week has given a fresh break-out with a rise in the volume. The stock is likely to be an uptrend in the coming day’s.

GLENMARK is currently quoting at Rs.441.10 down by Rs.-2.25 or -0.51% from its previous closing of Rs.443.35 on the NSE. The NSE stock has touched a 52 week high of Rs 711.90 on 10-SEP-2018 & a 52 week low of Rs 439.00 on 01-JUL-2019. The stock is continuously trading in the downtrend making lower lows, hitting 52 weeks low each day and is expected to continue in the coming day’s.

Share Market News 27-June-2019

Nifty Clocks the Worst F&O Series In Eight Months; a loss of 0.87 percent.

On the F&O expiry day, Indian share market opened on the higher side, tracking positive cues from global markets ahead of the G-20 summit. The Sensex was up 74.75 points or 0.19% at 39,666.83, and the Nifty grew by 21.90 points or 0.18% at 11,869.40. All the sectoral indices were trading with the marginal gains led by the auto, PSU bank, FMCG and infra.

In the afternoon session, the Indian share market was at day's high. HDFCBAK was among the top contributor towards the benchmark indices, up by 1 percent. The Sensex grew by 158.11 points at 39,750.19, While nifty was trading at 11,891.90. Among sector, Except IT, all other sectors were trading in green led by the reality and auto sector. The broader market, the mid & small -cap was also trading with the gains of 0.45 & 0.58 percent.

A volatile expiry day closed the Indian share market on flat to negative note. In today's trade Nifty opened on a positive note, but failed to sustain the levels above 11,900 and corrected in the second half of the trading session. The two heavyweights HDFC & Reliance were seen trading in the opposite direction with a gain/loss of nearly 1.50 percent. In the close, the Sensex was trading at 39,586.41, down 5.67 points, while Nifty was down 6 points at 11,841.50. Once again the broader market outperformed the benchmark indices with Mid & small- cap up by 0.39 & 0.42 percent. Among sectors, buying was seen in the auto stocks, while IT, metal and energy stocks remained under pressure.

Top Gainers

TATAMOTORS by 2.48% to Rs 165.10,M&M by 2.32% to Rs 658.45, IBULSHSGFIN by 2.07% to Rs 624.95,EICHERMOT by 1.71% to Rs 19,480.00, INFRATEL by 1.62% to Rs 275.60.

Top Losers

TECHM By -2.10% to Rs 703.05, UPL by -1.62% to Rs 942.95,HCLTECH by -1.57% to Rs 1,061.80, RELIANCE by -1.40% to Rs 1,276.00., HINDALCO by -1.37% to Rs. 205.50.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session, In today’s trade, the overall auto sector has witnessed a buying interest, among which TAMO was the top performer.

TECHM is the top loser in today's market, The strength of rupee against the dollar has caused selling pressure in the IT stock.

Key Market News

  • Trade deal with China possible this weekend: Trump
  • RBI releases directions on rupee interest rate derivatives
  • Foreign portfolio investors (FPIs) bought Rs 106 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 51 crore.

Stocks To Watch

HDFCLIFE is on the upside while TECHM is on the downside.

HDFCLIFE is currently quoting at Rs.455.60 up by Rs 13.85 or 3.14% from its previous closing of Rs.441.75 on the NSE. The NSE stock has touched a 52 week high of Rs.510.80 on 27-JUL-2018 & a 52 week low of Rs.344.40 on 28-JAN-2019. The stock after making a strong base from the last 6-month has given a break-out on 27-May-2019 And had continually traded on the higher side, While buying emerging in each decline. It’s basically an investment stock to hold for medium to long term.

TECHM is currently quoting at Rs.703.05 down by Rs.-15.05 or -2.10% from its previous closing of Rs.718.10 on the NSE. The NSE stock has touched a 52 week high of Rs 846.50 on 02-MAY-2019 & a 52 week low of Rs 612.40 on 26-JUL-2018. The stock after making the double top on the weekly chart and completing the pattern with the broken neckline with heavy volume. the stock retraced and started to slide thereon & in today’s trade, the volume had also increased. However, the stock is nearby oversold territory so each rise will be an opportunity to short the stock.

Share Market News 26-June-2019

Sensex gains 157 pts, Nifty ends at 11,848 ahead of June F&O expiry; Metals Shine

It's a negative opening for Indian share market, following the global trend. The Fed Reserve chairman pointed out the pressure he was facing from the president to cut the interest rate, created chaos in the global market. The Sensex declined by 63.84 points or 0.16% at 39,371.10, and the Nifty was down by 17.30 points or 0.15% at 11779.20. In early trade, selling was seen in the FMCG, IT, metal and PSU bank, while buying witnessed in the auto, energy, infra, and pharma.

Indian equity benchmarks held gains after reversing from opening losses, sun pharma to be the top performer trading with the gains of 3.45 percent. the Sensex was trading at 39,491.57 up 58.72 points while Nifty trading at 11,81220. The broader market was outperforming the benchmark indices with mid & small-cap gaining more than 0.65 percent. Among sector except for IT & FMCG, all other sectors were trading in green led by Pharma & reality.

Indian benchmark indices closed higher for the second day in a row, led by the Metal & Pharma stock. the heavyweight HDFCBK was the major index contributor gaining 1.61 percent. altogether the Sensex grew by 157.14 points at 39,592.08, while Nifty rise by 51 points at 11,847.50. The broader market also posted a gain of 0.98 & 0.75 percent in mid & Small-cap. Among sectors, except IT and FMCG, all other sectoral indices ended in the green led by pharma, metal, infra, bank, and energy. The Stocks from the banking and midcap spaces witnessed good momentum and have shown outperformance in the last couple of sessions. Along with this, stocks from the metal space were in limelight today as Nifty Metal index has given a breakout from the consolidation phase, additionally, ease in trade war tensions is likely to gain decent returns going ahead.

Top Gainers

VEDL by 5.08% to Rs 179.00,JSWSTEEL by 4.03% to Rs 277.80, POWERGRID by 3.52% to Rs 208.70,SUNPHARMA by 3.36% to Rs 398.70, HINDALCO by 3.11% to Rs 208.80.

Top Losers

BRITANNIA By -2.80% to Rs 2,729.00, IBULHSGFIN by -1.74% to Rs 610.75,INFY by -1.16% to Rs 739.40, INDUSINDBK by -1.15% to Rs 1,433.00., BHARTIARTL by -0.89% to Rs. 345.50.

Analysis Of Top Gainer And Loser

VEDL is the top gainer in today's market session After the company plans to invest heavily in solar energy to generate 1,000 MW in a couple of years.

BRITANNIA is the top loser in today's market After the speculations over the resignation of its Managing Director Varun Berry from the company circulated in the market.

Key Market News

  • The US aims to restart China trade talks, will not accept conditions on tariff use.
  • Gold soars to a six-year high.
  • Boost for monsoon as El Nino wane.
  • Foreign portfolio investors (FPIs) bought Rs 1,158 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 377 crore.

Stocks To Watch

POWERGRID is on the upside while TECHM is on the downside.

POWERGRID is currently quoting at Rs.208.70 up by Rs 7.10 or 3.52% from its previous closing of Rs.201.60 on the NSE. The NSE stock has touched a 52 week high of Rs.210.95 on 26-JUN-2019 & a 52 week low of Rs.172.50 on 14-FEB-2019. The stock has given break-out in upward direction closing at the 52 weeks high in today’s trade, The stock is likely to continue its momentum.

TECHM is currently quoting at Rs.718.15 down by Rs.-6.20 or -0.86% from its previous closing of Rs.724.35 on the NSE. The NSE stock has touched a 52 week high of Rs 846.50 on 02-MAY-2019 & a 52 week low of Rs 612.40 on 26-JUL-2018. The stock after making the double top on the weekly chart was trading indecisively. Today, on the daily chart the candle indicated the selling emerging from each rise considering the begin of fall in TechM for coming days.

Share Market News 25-June-2019

Sensex, Nifty Rebound After Two-Day HALT; RIL Leads.

Following the weak global clues, the Indian share market started on a negative note. The Sensex was down 137.85 points at 38,985.11, while Nifty declined by 41.50 points at 11,658.20. Among sectors compiled by NSE fell, led by the Nifty Media Index’s declined 0.79 percent. On the flipside, the NSE Nifty Realty Index was the top sectoral gainer, up 0.53 percent.

Indian benchmark indices erasing its early losses were trading flat to positive in the afternoon session. The Sensex was trading at 39,147.58 up 0.06 percent & Nifty at 11,705.25. The broader market was also trading with the marginal gain of 0.27 & 0.02 percent in mid & small-cap. Among sector, metal, reality & PSU bank were trading higher, While media, pharma & IT were the losers. The index heavyweight Reliance industries were standing tall with the gains of 1 percent.

Indian share market recovered after the two days of consolidation, The positive momentum was triggered from the statement of Financial Minister regarding faster recovery in bad loans & recapitalization resulting in PSU banks to outperform. besides, the heavyweight Reliance Industries led its way in today's trade gaining more than 2.50 percent. Altogether it was a good day for the market with the Sensex closing at 39,434.94 up 311.98 points, while Nifty grew by 96.80 points at 11,796.50. The broader market was also in-line with the benchmark indices posting a gain of 0.75 & 0.69 percent in mid & small-cap. On the sectoral front, all indices closed in green led by metal, energy, auto, PSU bank, pharma, infra, and FMCG. Increase in volatility took nifty from day low of 11,651 to day’s high of 11,814 and closed a day at 11,796 forming a bullish candle on daily chart suggesting some more upside before expiry. Immediate support for nifty is coming near 11,730-11,680 zone and resistance is coming near 11,850 any decisive break above said level may push index towards the 11,910-11,960 zone. However, Global uncertainty continues, with US-Iran tensions escalating and trade tension between the US and China continuing. FIIs have been net sellers this month selling around Rs 1,400 crore. With the Union Budget scheduled on July 5, all eyes remain on what measures the government will take to boost growth.

Top Gainers

JSWSTEEL by 3.18% to Rs 266.00 ,BPCL by 3.03% to Rs 392.40, RELIANCE by 2.61% to Rs 1,295.40,AXISBANK by 2.26% to Rs 780.10, TATASTEEL by 2.03% to Rs 496.10.

Top Losers

YESBANK By -2.05% to Rs 109.65, INFRATEL by -1.28% to Rs 269.30,ASIANPAINT by -1.03% to Rs 1,362.00, INDUSINDBK by -0.67% to Rs 1,451.75., LT by -0.59% to Rs. 1,531.95.

Analysis Of Top Gainer And Loser

JSWSTEEL is the top gainer in today's market session, despite the negative report from the CLSA regarding the steel price the stock was the top performer in today’s trading session.

YESBANK is the top loser in today's market After the analysts have been downgrading Yes Bank’s stock on concerns over the further deterioration in asset quality

Key Market News

  • Inter-state office services to come under GST net
  • FPIs against more inspection powers for Sebi.
  • Sebi to tighten disclosure norms for pledged shares
  • Foreign portfolio investors (FPIs) bought Rs 207.33 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 984 crore.

Stocks To Watch

INDIACEM is on the upside while TECHM is on the downside.

INDIACEM is currently quoting at Rs.102.60 up by Rs 7.20 or 7.55% from its previous closing of Rs.95.40 on the NSE. The NSE stock has touched a 52 week high of Rs.128.00 on 31-AUG-2018 & a 52 week low of Rs.74.75 on 12-FEB-2019. The stock has made a double bottom pattern while breaking the neckline in today’s trade with heavy volume, The MACD has also shown the divergence with RSI place at 57.19 indicating the upward trend in the coming days.

TECHM is currently quoting at Rs.724.50 down by Rs.-3.75 or -0.51% from its previous closing of Rs.728.25 on the NSE. The NSE stock has touched a 52 week high of Rs 846.50 on 02-MAY-2019 & a 52 week low of Rs 612.40 on 26-JUL-2018. The stock after making the double top on the weekly chart & breaking the neckline, trading indecisive, the stock can witness the spike in volume and aggressive selling can be seen in the coming day’s.

Share Market News 24-June-2019

Nifty ends tad below 11,700, Metal index dips 1%

The tension between US & Iran resulted in a spike in the oil prices coupled with the resignation of the Reserve Bank of India (RBI) deputy governor Viral Acharya made the investor cautious on D-street. Tracking the same benchmark indices opened flat with Sensex falling 6.65 points to 39,187.84 and the Nifty rising 11.10 points to 11,735.20. among the sector's the Private bank Index’s gain 0.43 percent. On the flipside, the Nifty Realty Index was the top sectoral loser, down 0.24 percent in the early trade.

In the afternoon session, the Indian share market was trading near its day low. The weakness was coming from the heavyweight reliance industries which were dragging the market lower. The Sensex was 49.58 points down at 39144.91, while nifty at 11707.60. On the sectoral front, the PSU bank, media & FMCG were trading marginally higher, while Auto, Metal & reality were among the top losers. The broader market was also trading in pressure with Mid & Small-cap down by 0.28 & 0.06 percent.

The Indian share market closed lower after a volatile day. The volatility is likely to stay with the monthly expiry coming into play, spooking the market sentiment. Additionally, the market participant will be eyeing on the G20 summit which is scheduled on Jun 28-29. Besides, the progress of monsoon and crude oil movement is likely to remain on traders’ radar. Overall, today's closing was soared for Indian share market, with Sensex dropping 71.53 points to 39,122.96 and the Nifty declining 24.40 points to 11,699.70. Among sector compiled by NSE ended lower, led by the Nifty Metal Index’s 1.3 percent fall. On the flipside, the Nifty PSU Bank Index was the top sectoral gainer, up 0.25 percent. The broader market also showed a similar trend as both the Midcap and Smallcap indices tanked 0.34% and 0.39 %. Once again, Nifty is taking its support nears its 50-EMA, Breaching or bouching from this level is possible, keeping a cautious stance is advisable.

Top Gainers

UPL by 5.38% to Rs 938.00 ,YESBANK by 1.64% to Rs 111.40, M&M by 1.47% to Rs 636.70,TCS by 1.21% to Rs 2,277.00, SBIN by 1.06% to Rs 353.10..

Top Losers

JSWSTEEL By -3.39% to Rs 258.10, EICHERMOT by -3.27% to Rs 19,075.00,ONGC by -3.01% to Rs 165.80, TATASTEEL by -2.36% to Rs 485.90., BAJAJ-AUTO by -2.14% to Rs. 2,814.00.

Analysis Of Top Gainer And Loser

UPL is the top gainer in today's market session after analysts said the company will not be impacted much because of the trade tensions and an outbreak of African swine fever.

JSWSTEEL is the top loser in today's market, the escalation in talk regarding converting the lease of 3,667 acres of land in Ballari to JSW Steel into a sale, Pull up the negative sentiment for the stock in today’s trade.

Key Market News

  • Fiscal Deficit reaches 22% of budgeted estimate in April: DoE figures
  • Viral Acharya has resigned as a Deputy Governor of the Reserve Bank of India (RBI) six months ahead of the scheduled end of his term
  • Foreign portfolio investors (FPIs) sold Rs 730.58 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 445.75 crore.

Stocks To Watch

M&M is on the upside while BRITANNIA is on the downside.

M&M is currently quoting at Rs.636.70 up by Rs 9.25 or 1.47% from its previous closing of Rs.627.45 on the NSE. The NSE stock has touched a 52 week high of Rs.993.00 on 29-AUG-2018 & a 52 week low of Rs.597.20 on 16-MAY-2019. The stock after filling the gap which was created on 20-May made a marubozu candle on the daily chart, Which indicates the bullish nature of the stock, the stock is likely to attract the buying interest in the coming day’s.

BRITANNIA is currently quoting at Rs.2,776.00 down by Rs.-50.70 or -1.79% from its previous closing of Rs.2,826.70 on the NSE. The NSE stock has touched a 52 week high of Rs 3,467.18 on 23-AUG-2018 & a 52 week low of Rs 2,615.18 on 08-May-2019. The stock is likely to create a pattern of the falling wedge, the divergence in MACD is also indicating a downside in the short term, the stock can witness the level of 2667.

Share Market News 20-June-2019

Sensex zooms 488 points, Nifty above 11,800-level, Jet Airways soars 90%

Indian share market opened lower after mixed closed in yesterdays trade. the Sensex was down 81.12 points or 0.21% at 39031.62, and the Nifty declined by 25.00 points or 0.21% at 11666.50. Among sector, Except energy and metal, all other sectoral indices were trading lower led by the IT, auto, FMCG, and pharma. Investors were waiting for minutes from the Reserve Bank of India (RBI) of the latest Monetary Policy Committee meeting which is due in later-half of the day.

In the afternoon session, the benchmark indices have erased its morning losses and were trading on the positive note. Sensex was 0.30 percent up at 39,231.63 & Nifty at 11,722.10. On the sectoral front except for IT & FMCG, all other sectors were trading in green led by Pharma, Reality & Energy. The broader market was also following the frontline indices with Small & Midcap up by 0.60 percent.

Indian share market had witnessed a spectacular run in today's trade, with buying emerged across the market. The Sensex rallied 488.89 points or 1.25 percent to 39,601.63 and the Nifty climbed 140.30 points or 1.20 percent to 11,831.80. Among sector, All the eleven sectoral gauges compiled by NSE advanced, led by the Nifty Pharma Index’s 3.06 percent gains. Parrell to benchmark indices the broader market also closed with the gains of more than 1.50 percent. Interestingly, Shares of Jet Airways was the eyecatcher after they soared over 150 percent intraday during the last 10 minutes of the trade. The stock ended 90 percent higher. Additionally, the Anil Dhirubhai Ambani Group stocks like Reliance Infrastructure and Reliance Capital rallied 35 percent and 28 percent respectively.

Throughout the week the market was concerned that the government has not yet provided any hint or relief to the slowing economy. On hearing a series of meetings by Prime Minister and Finance Minister to draw a road map for 100 days agenda and budget, provided confidence to the market. Additionally, the GST council is likely to meet and review its position. Also a relief rally in the global market given the dovish view by Federal Reserve yesterday night supported the domestic market sentiment. The present scenario is more of chaos, Hopefully, the Budget in July will bring out some clear trend in the D-street and help to retrieve the lost confidence among the retail investors.

Top Gainers

YESBANK by 11.43% to Rs 115.00 ,IBULHSGFIN by 8.55% to Rs 603.00, INDUSINDBK by 4.10% to Rs 1,438.00,SUNPHARMA by 3.68% to Rs 389.00, JSWSTEEL by 3.45% to Rs 269.55.

Top Losers

UPL By -8.45% to Rs 870.00, WIPRO by -2.48% to Rs 286.75,ADANIPORTS by -1.34% to Rs 402.25, BRITANNIA by -1.31% to Rs 2,838.00., TECHM by -1.20% to Rs. 726.75..

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session after A positive commentary from the Yesbank Ceo spooked to share as heavy buying emerged in today's trade.

UPL is the top loser in today's market, after HSBC Research raised concerns on declining soybean demand, pricing pressure from the US-China trade tensions and the African swine fever (ASF).

Key Market News

  • The Reserve Bank has said the expert committee on the MSME sector, set up in January under the chairmanship of former chairman of Sebi UK Sinha has submitted its report to the governor Shaktikanta Das.
  • Federal Reserve holds the rate cut, may go for cuts later this year.
  • Foreign portfolio investors (FPIs) sold Rs 97 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 105 crore

Stocks To Watch

RELIANCE is on the upside while TECHM is on the downside.

RELIANCE is currently quoting at Rs.1,299.90 up by Rs 22.55 or 1.77% from its previous closing of Rs.1,277.35 on the NSE. The NSE stock has touched a 52 week high of Rs.1,417.50 on 03-MAY-2019 & a 52 week low of Rs.940.30 on 28-JUN-2018. the stock has filled the gap that was created on 20-May-2019 & after waiting for 2 trading sessions the stock has given an upward move, confirming the RSI is also placed well at 45. Thus opening the upward target in the coming days.

TECHM is currently quoting at Rs.726.75 down by Rs.-8.85 or -1.20% from its previous closing of Rs.735.60 on the NSE. The NSE stock has touched a 52 week high of Rs 846.50 on 02-MAY-2019 & a 52 week low of Rs 612.40 on 26-JUL-2018. On the weekly chart, the stock has made a Double-top and broke the neckline on 22-May-2019 with the rising volume, Indicating the downside.

Share Market News 19-June-2019

Last Hour Recovery Sails Sensex Above 39K, Nifty Slips Below 11,700-mark

US market started on a positive note after Washington kick-started the trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year. Tracking the same Indian share market started on a strong note. the Sensex grew by 267.07 points or 0.68% at 39,313.41, and the Nifty rose by 81.90 points or 0.70% at 11,773.40. All the sectoral indices were trading higher led by PSU bank, metal, infra, auto, energy, IT and pharma.

The benchmark indices erased the majority of its early gains in the afternoon session. The Sensex & Nifty was trading at 39,198 & 11,721.95. The broader market was underperforming the frontline indices, as some serious selling was visible in mid & Small-cap, down more than 1 percent. Financial & metal sector was trading in green keeping the market higher, while Pharma, auto & media was on the decline. The market was lingering in the favor of the seller.

In the last hour of trade, benchmark indices witnessed a see-saw trade with the rise in volatility. The selling pressure remained through-out the day after a gap up opening. However, the closing of frontline indices was flat to positive with Sensex up by 66.40 points at 39112.74, while Nifty ended flat at 11691.50. Among the sectors, except metal, all other indices ended in the red led by pharma, infra, IT and auto. The aggressive dumping of stock was seen in the broader market, with Mid & Small-cap closed with a decline of 1.07 & 1.83 percent. Going forward, the near-term movement is likely to be driven by monsoon progress as well as global indicators. The recent retaliatory tariff by India could escalate trade war tensions between the U.S. and India. This could further induce volatility into Indian markets.

Top Gainers

TATASTEEL by 5.40% to Rs 497.80 ,ZEEL by 5.14% to Rs 356.80,KOTAKBANK by 2.75% to Rs 1,502.00,NTPC by 1.85% to Rs 134.85, TITAN by 1.34% to Rs 1,274.40.

Top Losers

IBULHSGFIN By -8.49% to Rs 558.00, YESBANK by -4.89% to Rs 103.95,UPL by -4.67% to Rs 953.00, ADANIPORTS by -3.32% to Rs 407.40., INDUSINDBK by -2.70% to Rs. 1,371.00.

Analysis Of Top Gainer And Loser

TATASTEEL is the top gainer in today's market session after Global financial firm Goldman Sachs has maintained a buy recommendation on the stock with a target price of Rs 570 per share

IBULHSGFIN is the top loser in today's market, the stock is continuously under selling pressure, the investor is dumping this stock on a daily basis.

Key Market News

  • The Reserve Bank of India said it will infuse Rs 12,500 crore of liquidity into the system through purchase of government bonds.
  • A Reserve Bank of India (RBI) expert committee on micro, small and medium enterprises (MSMEs) has recommended doubling the cap on collateral-free loans to Rs 20 lakh from the current Rs 10 lakh.
  • Foreign portfolio investors (FPIs) bought Rs 31.73 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 181.03 crore.

Stocks To Watch

HAVELLS is on the upside while LUPIN is on the downside.

HAVELLS is currently quoting at Rs.783.65up by Rs 9.20 or 1.19% from its previous closing of Rs.774.45 on the NSE. The NSE stock has touched a 52 week high of Rs.797.40 on 10-JUN-2019 & a 52 week low of Rs.520.10 on 28-JUN-2018.the stock after making the all-time high on 10th Jun had witnessed some profit-booking, However, from the last 2 trading session the stock has seen good buying interest from its support levels,Additionally the HNI’s are also taking a keen interest in the company ,While increasing the exposure in there portfolio.

LUPIN is currently quoting at Rs.703.40 down by Rs.-5.60 or -0.79% from its previous closing of Rs.703.40 on the NSE. The NSE stock has touched a 52 week high of Rs 986.10 on 10-SEP-2018 & a 52 week low of Rs 697.20 on 19-JUN-2019. The Stock has recently broken its year-long support levels which were was created on March 2018, the downside is open for stock the next move is likely to be up till 620.00.

Share Market News 18-June-2019

Market pauses 4-day falling spell, Jet Airways Sinks 40%

The Indian share market witnessed a positive start with Sensex rising by 114.52 points at 39,075.31, while Nifty started up 33.80 points at 11,706. D-street is expected to remain subdued ahead of Federal Open Market Committee (FOMC) scheduled for the next two days. In the absence of domestic events market is likely to follow global sentiments for a while. Among the sectors, except FMCG all other indices were trading in the green led by metal, pharma, infra, auto, and bank.

After a positive start, the benchmark indices traded flat, within a narrow range during the afternoon session. The weakness was reflected from the heavyweight HDFC twins & reliance. The Sensex & nifty was trading at 39,071.30 & 11,699.45. The broader market was also in-line with the benchmark indices with Mid & small-cap trading with the gains of more than 0.50 percent. Among sector, except FMCG all other sectors were in green led by PSU bank, Media & reality.

The last hour of trading in d-street was highly volatile with frontline indices fluctuating between gains & losses. However, the market turned around and given a positive closing with 85.55 points Sensex gains whereas Nifty grew by 19.30 points at 11,691.50. The broader market continued their downtrend with Mid-cap & Small-cap declined around 0.20 percent. the sectors compiled by NSE advanced, led by the Nifty IT Index’s 0.58 percent gain. On the flipside, the Nifty Pharma Index was the top sectoral loser, down 0.73 percent. The selling was pretty high in certain stock like Jet Airways (down by 40 percent), followed by Reliance Infrastructure, Reliance Capital, Jain Irrigation, Kaveri Seeds, IRB Infrastructure and Arvind.

Top Gainers

VEDL by 2.50% to Rs 168.15 ,BPCL by 2.08% to Rs 386.00,COALINDIA by 2.00% to Rs 260.40,ICICIBANK by 1.98% to Rs 422.40, POWERGRID by 1.88% to Rs 197.70

Top Losers

IBULHSGFIN By -7.35% to Rs 606.60, YESBANK by -5.94% to Rs 109.25,HINDALCO by -1.70% to Rs 190.30, ASIANPAINT by -1.56% to Rs 1,380.10., SUNPHARMA by -1.53% to Rs. 377.05.

Analysis Of Top Gainer And Loser

VEDL is the top gainer in today's market session, after positive commentary from the Anil Agarwal, Founder of Vedanta the stock had witnessed a good buying interest.

IBULHSGFIN is the top loser in today's market, the stock is continuously under selling pressure, the investor dumping this stock on a daily basis.

Key Market News

  • RBI may cut rates by another 25 bps in 2019: Fitch Ratings
  • Fitch cuts India growth forecast to 6.6% for FY20
  • Hiring activity records 11% rise in May: Report
  • Foreign portfolio investors (FPIs) sold Rs 331.27 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 1,257.86 crore.

Stocks To Watch

DMART is currently quoting at Rs.1,341.25 up by Rs 43.75 or 3.37% from its previous closing of Rs.1,297.20 on the NSE. The NSE stock has touched a 52 week high of Rs.1,698.70 on 19-DEC-2018 & a 52 week low of Rs.1,125.75 on 23-OCT-2018.The stock is been consolidating from last 5 months and likely to give an upward breakout in the coming day. After the listing D-Mart had a sharp upward sprint making an all-time high of 1698.70, currently, the share price is hovering at the retracement of 38 percent and from last 5 months which has created a strong base. A close above 1370 with high volume will provide a confirmation of an uptrend as the oscillator are also placed in the sweet spot.

SUNPHARMA is currently quoting at Rs.377.05 down by Rs.-5.85 or -1.53% from its previous closing of Rs.382.90 on the NSE. The NSE stock has touched a 52 week high of Rs 679.30 on 06-SEP-2019 & a 52 week low of Rs 344.55 on 13-May-2019. The Stock has a very weak chart and the downside is open, every rise will be an opportunity to sell. On a daily chart the stock is making lower lows, with continuously breaching the 52 weak low on the intraday basis. the 52 week low of 344.55 on 13th May is likely to retest again in the short term. The stock is respecting the 20-DMA the sell on rise strategy can be utilized in this stock.

Share Market News 17-June-2019

Sensex plunges 491 pts to slip below 39,000; Nifty ends at 11,672

Following the global clues coupled with the escalation of India-US trade talks, started the Indian share market on a negative note. Additionally, The investors around the globe seemed cautious ahead of a closely-watched Federal Reserve meeting. the Sensex was down 47.78 points or 0.12% at 39404.29, and the Nifty down 22.90 points or 0.19% at 11800.40. The majority of the decline was led by the Reliance industries which was among the top loser in the early trade. Among the sectors, except infra, all other sectoral indices were trading lower.

In the afternoon session, the Indian share market was trading at day's low dragged by Reliance Industries. On the sectoral front, All the sectors were trading in red led by metal, media & Bank. the Sensex & Nifty was trading at 39,197 & 11,737. The broader market was also trading in pressure down more than a percent.

The Indian share market in the last hour of trade accelerated the pace of decline with benchmark indices closing with a drop of more than 1 percent. the bloodshed leading from metal, pharma & bank spread across all sectors. The selling also followed in the broader market with Mid & Small-cap down more than 1.20 percent. In closing, the Sensex shrink by 491.28 points at 38,960.79, while Nifty declined by 148.40 points at 11,674.90.

D-street is facing headwinds from both domestic and global fronts, citing delay in the arrival of monsoon, lingering geopolitical tension and rebound in crude oil prices. Earlier, it was only the broader indices, which were feeling the pinch today, however, most of the large caps faced the heat and stocks from a wide gamut of sectors was down.

Top Gainers

YESBANK by 0.74% to Rs 115.90 ,ZEEL by 0.36% to Rs 337.70,COALINDIA by 0.14% to Rs 255.50,WIPRO by 0.12% to Rs 299.15.

Top Losers

TATASTEEL By -5.78% to Rs 472.80, JSWSTEEL by -3.78% to Rs 261.00,TATAMOTORS by -3.47% to Rs 158.50, IBULHSGFIN by -3.46% to Rs 649.00., ONGC by -3.25% to Rs. 163.80.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session, as Private equity investors Blackstone Group, Apax Partners and Warburg Pincus are looking to invest between $500 million and $750 million in Yes Bank, depending on the final valuation.

TATASTEEL is the top loser in today's market, after foreign brokerage, The metal index’s fall could be attributed to the escalating trade war between the US and China. As per media reports, US Secretary of State Mike Pompeo told Fox News on Sunday that President Donald Trump would raise the issue of Hong Kong’s human rights with China’s President Xi Jinping at the G20 summit in Japan later this month. Moreover, tensions in the Middle East fueled investors’ concerns regarding global demand growth with the US blaming Iran for attacks on two oil tankers in the Gulf of Oman last week.

Key Market News

  • Oil grew on tensions of Middle East tanker attacks.
  • India imposes higher customs duty in 28 US products retaliating the US.
  • Exports up by 3.93% in May; the trade deficit had widened to $15.36 bn.
  • Foreign portfolio investors (FPIs) sold Rs 238.64 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 376.47 crore.

Stocks To Watch

NAUKRI is on the upside while HDFCAMC is on the downside.

NAUKRI is currently quoting at Rs.2,231.00 up by Rs 40.30 or 1.84% from its previous closing of Rs.2,190.70 on the NSE. The NSE stock has touched a 52 week high of Rs.2,443.90 on 03-JUN-2019 & a 52 week low of Rs.1,126.15 on 29-JUN-2018. The chart structure is strong the stock should be brought in every dip, after a recnt dip the stock is likely to resume its upward trend.

HDFCAMC is currently quoting at Rs.1928.00 down by Rs.-8.45 or -0.44% from its previous closing of Rs.1,936.45 on the NSE. The NSE stock has touched a 52 week high of Rs 1,970.00 on 27-AUG-2019 & a 52 week low of Rs 1,250.00 on 11-OCT-2018. The Stock after the sharp surge in recent days is currently trading near its 52 weeks high, However, the stock had made a Doji on the daily chart with oscillators showing the stock trading in the overbought zone, Incoming day the stock can retrace before continuing its uptrend.

Share Market News 13-June-2019

Sensex recoups losses, trades flat; Nifty tests 11,900

Giving the direction, the bears took the charge in yesterday's trade, following that the Indian share market opened lower. The Sensex was down by 130.34 points at 39,626.47, while Nifty down by 39.70 points at 11,866.50. All the sectoral indices were trading in red led by IT, metal, infra, FMCG, bank, and auto.

In the afternoon session, the frontline indices extended there decline led by banking, IT & Pharma stock. The biggest casualties seen were the yes Bank shares plunged 9 percent and IndusInd Bank tanked 6 percent after global brokerage house UBS slashed price target sharply by 47 percent and 18 percent respectively, citing weak earnings going ahead. The Sensex was trading at 39,518 down by 238 & Nifty at 11,837. The pain was visible in the broader market as well with mid-cap & Small-cap down more than 1 percent.

In the last hour of trade, recovery in the banking stocks helped the market to close on a flat note. In the end, the Sensex declined by 15.45 points closing at 39,741.36, While nifty at 11,914.00. Among sector except for media, reality & specific financial stock, all other sectors closed in the red. The broader market also erased a part of its morning losses nevertheless closed with a decline of 0.24 & 0.63 percent in mid & small-cap. Going ahead important upcoming meetings like FED policy, GST council and US-China along with crude price trajectory will form the direction of the market.

Top Gainers

IBULHSGFIN by 11.86% to Rs 694.70 ,ZEEL by 2.95% to Rs 352.95,BPCL by 1.81% to Rs 387.90,GRASIM by 1.65% to Rs 903.00, KOTAKBANK by 1.39% to Rs 1,504.05.

Top Losers

YESBANK By -13.47% to Rs 116.60, INDUSINDBK by -4.62% to Rs 1,497.35, UPL by -1.70% to Rs 1.003.35, IOC by -1.32% to Rs 160.40., MARUTI by -1.20% to Rs. 6,770.00.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, as soon as the news broke that Abhay Yadav, who had filed a petition against promoter Sameer Gehlaut and the company over alleged fund misappropriation, has withdrawn his case in the Supreme Court.

YESBANK is the top loser in today's market, after foreign brokerage, UBS cut its target on the stock to Rs 90 from Rs 170 earlier, a drop of 47 percent.

Key Market News

  • India's retail inflation recorded up to 3.05% in May
  • India’s industrial output (IIP) grew by 3.4 percent year-on-year (YoY) in April
  • Foreign portfolio investors (FPIs) sold Rs 1,050.43 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 271.15 crore.

Stocks To Watch

HAVELLS is on the upside while APOLLOHOSP is on the downside.

HAVELLS is currently quoting at Rs.783.50 up by Rs 1.60 or 0.20% from its previous closing of Rs.781.90 on the NSE. The NSE stock has touched a 52 week high of Rs.797.40 on 10-JUN-2019 & a 52 week low of Rs.520.10 on 28-JUN-2018. The buying interest in this stock from a couple of weeks is strong and likely to remain so in the coming day.

APOLLOHOSP is currently quoting at Rs.1,373.00 down by Rs.-8.75 or -0.63% from its previous closing of Rs.1,381.75 on the NSE. The NSE stock has touched a 52 week high of Rs 1.406.00 on 07-JUN-2019 & a 52 week low of Rs 910.10 on 30-JUL-2018. The Stock is in overbought territory and likely to coll off going forward.

Share Market News 12-June-2019

Market Turns Choppy On Weak Global Cues And NBFC chaos

Tracking the negative global clues coupled with the cautious stance of investors ahead of CPI and IIP data the Indian share market opened in negative territory. The Sensex declined by 141.89 points at 39808.57, while Nifty was down by 45.10 points at 11,920.50. parallel with benchmark the broader market also remained under pressure with both Midcap and Smallcap indices opening in the red zone. Among the sectors, except metal and energy, all other indices were trading lower led by IT, pharma, auto, bank, and infra.

In the afternoon session, the selling got extended in the d-street. The heavyweight of banking and IT sector were dragging the market lower. The Sensex was 251 points down at 39,698 & Nifty was at 11,886.65. The broader market Mid & Small- Cap following the same was down by 0.42 & 0.08 percent. Among sector except for metal, all other sectors were trading in the red.

Indian share market after 3 indecisive trading session had taken a direction and started a run with a bear. the market was seen falling under its own weight is given that there are no major triggers on the domestic front. Therefore valuations are weighing on the bourses. Nifty50 which is trading at a P/e multiple of 29 times is the highest in decades. FIIs too have scaled down their purchases after the election verdict. All these factors along with negative international news took the d-street down and across the board, selling was witnessed in the market. Altogether at closing the Sensex was down 193.65 points at 39,756.81, while Nifty was down 59.40 points at 11,906.20. Among the sectors, except metal and FMCG all other indices ended lower led by pharma, auto, bank, energy, and infra. the broader market midcap and smallcap remained in the red zone throughout the session falling 0.79 and 0.24 respectively.

Top Gainers

TATASTEEL by 2.70% to Rs 505.80 ,GAIL by 1.39% to Rs 310.30,ONGC by 0.95% to Rs 170.85,VEDL by 0.71% to Rs 170.55, TCS by 0.50% to Rs 2,264.00.

Top Losers

IBULHSGFIN By -7.88% to Rs 621.40, YESBANK by -3.19% to Rs 135.10 , INFRATEL by -3.18% to Rs 274.15, TECHM by -1.78% to Rs 748.50., HEROMOTOCO by -1.66% to Rs. 2,730.00.

Analysis Of Top Gainer And Loser

TATASTEEL is the top gainer in today's market session, after the European Union's (EU) anti-trust authority on Tuesday blocked its merger with German industrial conglomerate ThyssenKrupp.

IBULHSGFIN is the top loser in today's market, After a plea was filed in the Supreme Court on Monday by Abhay Yadav seeking legal action against IBHFL, its Chairman and directors for alleged misappropriation of₹98,000 crore of public money.

Key Market News

  • The Reserve Bank of India stated that it will infuse Rs 15,000 crore into the financial system through bond purchases on Thursday.
  • The cost for Fund transfers via RTGS, NEFT will be less from July 1.
  • OPEC is near the deal to keep production curbs in place - UAE energy minister.
  • Foreign portfolio investors (FPIs) bought Rs 96 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 151 crore.

Stocks To Watch

DCBBANK is on the upside while ESCORTS is on the downside..

DCBBANK is currently quoting at Rs.238.50 up by Rs 0.50 or 0.21% from its previous closing of Rs.238.00 on the NSE. The NSE stock has touched a 52 week high of Rs.242.00 on 10-JUN-2018 & a 52 week low of Rs.139.85 on 01-OCT-2018. The stock is trading strong as compare to its peers and price action shows the strength that is likely to continue.

ESCORTS is currently quoting at Rs.575.35 down by Rs.-14.45 or -2.45% from its previous closing of Rs.589.80 on the NSE. The NSE stock has touched a 52 week high of Rs 943.55 on 31-JUL-2018 & a 52 week low of Rs 541.00 on 08-OCT-2018. The Stock is trading weak on the charts as its likely to be a sell on a rising candidate.

Share Market News 11-June-2019

Nifty Extend Gains For Third Session; Metal shines

After logging gains for a second straight session on Monday, the Indian share market was once again on the upswing in-line with the Asian peers. However, the broader market continues to remain under pressure. Sensex rose by 139.13 points at 39923.65, while Nifty grew by 30.80 points at 11953.50. On sectoral gauges compiled by NSE advanced, led by the NSE Nifty Metal Index’s 0.56 percent advance. On the flipside, the NSE Nifty Realty Index was the top sectoral loser, down 0.59 percent.

The Indian share market was trading at a narrow range but managed to hold the gains in the afternoon session, The Sensex & nifty was trading at 39,906 & 11,954. Among sector metal, IT & Bank were on the green side, while Pharm & reality were trading in the red. The broder market was trading mixed with Mid-cap up by 0.27 percent and small-cap down by 0.09 percent.

In the last 3 trading session, the benchmark indices had a gap-up opening yet the closing has been indecisive. The indices have been trading in the narrow range with no major trigger to act upon, however, in today's trade stock specific reaction on certain news was seen. Altogether the Sensex & Nifty logged the gains of 0.42 & 0.36 percent to close at 39,950.46 & 11,965.60. Among the sectors, buying was seen in the auto, bank, energy, metal, IT and infra, while FMCG ended marginally lower. The broader market also closed positive with both the Midcap and Smallcap indices advancing 0.68% and 0.10% respectively.

Top Gainers

YESBANK by 2.83% to Rs 139.75 ,TATAMOTORS by 2.83% to Rs 170.90,INDUSINDBK by 2.73% to Rs 1,594.00,ZEEL by 2.70% to Rs 344.40, JSWSTEEL by 2.64% to Rs 273.90..

Top Losers

IBULHSGFIN By -8.07% to Rs 674.15, SUNPHARMA by -2.62% to Rs 391.50 , M&M by -1.62% to Rs 636.50, BPCL by -0.94% to Rs 386.00., TECHM by -0.81% to Rs. 762.00.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session, rating agency Moody’s placed Yes Bank Ltd under review for downgrade on Tuesday, citing the private-sector lender’s exposure to weak companies in the country’s financial sector, Yet the stock was the top performer in today’s trade.

IBULHSGFIN is the top loser in today's market, After a plea was filed in the Supreme Court on Monday by Abhay Yadav seeking legal action against IBHFL, its Chairman and directors for alleged misappropriation of₹98,000 crore of public money

Key Market News

  • Sebi moots informant mechanism to curb insider trading activities
  • NPAs plunge to 9.3% in FY19, deeper than RBI estimate: Crisil
  • Foreign portfolio investors (FPIs) bought Rs 216.20 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 170.62 crore.
  • Govt may introduce a tax on cash withdrawal
  • Plan to privatize profitable PSUs in works

Stocks To Watch

INDIACEM is on the upside while AVADHSUGAR is on the downside.

INDIACEM is currently quoting at Rs.100.30 up by Rs 2.80 or 2.87% from its previous closing of Rs.97.50 on the NSE. The NSE stock has touched a 52 week high of Rs.128.00 on 31-AUG-2018 & a 52 week low of Rs.74.75 on 12-FEB-2019. The stock has bounced back from its support levels and the stock is likely to move in the uptrend in coming days.

AVADHSUGAR is currently quoting at Rs.698.00 down by Rs.-18.05 or -2.52% from its previous closing of Rs.716.05 on the NSE. The NSE stock has touched a 52 week high of Rs 763.30 on 06-JUN-2019 & a 52 week low of Rs 270.00 on 23-JUL-2018. The Stock is trading at the overbought level and likely to see the pullback in coming days.

Share Market News 10-June-2019

Tracking the Global Clues Nifty Tops 11,950; Tech shines

On the hopes of the Fed to cut interest rate amid the weak jobs data coupled with the US -Mexico trade war ease, the US market closed higher on Friday. Tracking that the Indian share market witnessed gap up opening, Sensex was up 296.45 points at 39,912.35, while Nifty was up by 86.10 points at 11,956.80. All the sectoral indices were trading in the green led by PSU bank, infra, IT, FMCG, auto, metal, and pharma.

In the afternoon session, The Indian share market has erased its morning gain with Sensex trading at 39,709 and Nifty at 11,899. The heavyweight HDFC Twins dragged the market lower. Among sector, IT, FMCG & pharma were trading higher While, PSU bank, Media & Reality were trading lower. The broader market also felt the heat with mid-cap down by 0.09 percent and small-cap by 0.52 percent.

A highly volatile day closed indecisively, the Indian share market after a gap up opening traded between gains & losses. the Sensex was up 168.62 points at 39784.52, while Nifty was up 52 points at 11922.70. Among sector IT, FMCG & Pharma closed in the green while, Media & banking were on selling side. The broader market staged a mixed performance the mid-cap was up 0.05 percent and small-cap were down by 0.52 percent. Going ahead, In absence of any major event, global cues combined with upcoming macroeconomic data would dictate the market trend.

Top Gainers

BRITANNIA by 3.47% to Rs 3,000.00 ,TECHM by 2.41% to Rs 768.85,TCS by 2.17% to Rs 2,229.10,DRREDDY by 1.95% to Rs 2,631.00, INFY by 1.88% to Rs 753.00.

Top Losers

BPCL By -3.26% to Rs 389.85, YESBANK by -2.43% to Rs 136.50 , COALINDIA by -2.22% to Rs 259.65, GAIL by -2.02% to Rs 307.50., IOC by -1.62% to Rs. 161.15.

Analysis Of Top Gainer And Loser

BRITANNIA is the top gainer in today's market session, the stock witnessed healthy buying interest in today’s trade, The stock was up by 3.47 percent.

BPCL is the top loser in today's market, the overall omc’s were in selling pressure due to the rise in the crude price.

Key Market News

  • US, Mexico reach an agreement to prevent tariffs: Donald Trump
  • Consumer confidence falls in May on worries about jobs, economy: RBI Survey
  • Goldman Sachs forecasted FY20 Indian GDP growth accelerating to 7.2%
  • US leaves the door open to China on trade talks at G20 summit
  • Foreign portfolio investors (FPIs) sold Rs 479 crore worth of domestic stocks on Friday, DIIs were buyers to the tune of Rs 180 crore.

Stocks To Watch

ITC is on the upside while RELCAPITAL is on the downside.

ITC is currently quoting at Rs.280.15 up by Rs 4.90 or 1.78% from its previous closing of Rs.275.25 on the NSE. The NSE stock has touched a 52 week high of Rs.322.95 on 03-SEP-2018 & a 52 week low of Rs.259.00 on 28-JUN-2018. The stock witnessed a good interest from the support showing divergence and likely to remain so in the coming days.

RELCAPITAL is currently quoting at Rs.92.20 down by Rs.-7.75 or -7.75% from its previous closing of Rs.99.95 on the NSE. The NSE stock has touched a 52 week high of Rs 487.70 on 03-SEP-2018 & a 52 week low of Rs 86.80 on 10-JUN-2019. The stock is continuously in the downtrend and broken its major support levels is likely to remain in the selling pressure.

Share Market News 06-June-2019

25 bps rate cut fails to excite D-Street; banks drag Sensex & Nifty.

The Indian share market opened on a cautious note ahead of RBI policy decision. The cut of 25 bps points in repo rate, however, has been factorized, But what matters more from the perspective of markets is whether the RBI will change its policy stance. Beside this, the debt market was severely hit were the NAV was down anywhere between 6-51 percent, After the agency's downgrade the rating of DHFL to default, The stock has witnessed the beating in the early trade and was down by more than 12 percent. In the opening bell, the Sensex was down by 50.85 points at 40032.69, while Nifty was down 22.70 points or 0.19% at 11999. Among the sectors, PSU banks and IT space were trading under pressure, while auto, FMCG and metal trading with marginal gains.

In the Afternoon session, the RBI Monetary policy decision was out in the public, the tone of the RBI policy was seemed dovish and highlighted the concerns on growth. As expected there was a cut of 25 bps in repo rate, But the biggest question regarding the stance was changed making it accommodative from neutral. Once again the saying "Buy on rumors, Sell on News" has stated right, acting on the meet outcome the Indian share market were on the selling side with BankNifty declining more than 1 percent. The Sensex was down by 0.67 percent at 39816, While the Nifty was at 11926. The broader market Mid&Small-Cap were also feeling the pressure down more than 0.60 percent.

In the last session of the day, the fall in the frontline indices gets extended. Led by the financial & banking stock the bloodbath was seen across all sector. Sensex plunged 553.82 points or 1.38 percent to 39,529.72 and the Nifty50 dropped 177.90 points or 1.48 percent to 11,843.80. The broader market mid & small-cap has also closed with a drop of nearly 1.70 percent each. In the near term, volatility is likely to remain high with lack of any fresh positive domestic triggers and uncertain global cues, some further correction/consolidation in the Indian markets can be seen. Market participants would continue to monitor the progress of monsoon, movement of crude oil prices and fluctuation in currency.

Top Gainers

COALINDIA by 2.96% to Rs 271.20 ,TITAN by 1.76% to Rs 1,270.00,HEROMOTOCO by 1.50% to Rs 2,793.90,NTPC by 1.30% to Rs 136.80, POWERGRID by 1.06% to Rs 195.00.

Top Losers

GAIL By -11.49% to Rs 317.10, IBULHSGFIN by -7.73% to Rs 734.90 , INDUSINDBK by -6.84% to Rs 1,526.00, YESBANK by -5.86% to Rs 143.85., SBIN by -4.57% to Rs. 336.30.

Analysis Of Top Gainer And Loser

COALINDIA is the top gainer in today's market session after the report came as the company is targeting the coal production and offtake target for the year 2019-20 is 660 MT and capital expenditure target has been set at Rs 10,000 crore.

GAIL is the top loser in today's market, after the disappointment in tariff revision for its HVJ or Hazira-Vijaipur-Jagdishpur pipeline and HVJ upgradation of network pipelines.

Key Market News

  • Repo rate & Reverse repo rate cut by 25 bps points.
  • World Bank retains India's growth rate for FY20 at 7.5%
  • US-China tariffs to slash global growth in 2020: IMF
  • Monsoon onset over Kerala on June 8: IMD

Stocks To Watch

IBREALEST is on the upside while RAYMOND is on the downside.

IBREALEST is currently quoting at Rs.132.25 up by Rs 8.70 or 7.04% from its previous closing of Rs.123.55 on the NSE. The NSE stock has touched a 52 week high of Rs.186.60 on 04-JUN-2018 & a 52 week low of Rs.63.30 on 06-FEB-2019. The stock has seen a good buying interest with heavy volumes, and likely to remain so in coming day’s..

RAYMOND is currently quoting at Rs.806.70 down by Rs.-44.20 or -5.19% from its previous closing of Rs.850.90 on the NSE. The NSE stock has touched a 52 week high of Rs 1,013.45 on 15-JUN-2018 & a 52 week low of Rs 593.00 on 09-OCT-2018. The stock is showing the negative divergence and will be in selling pressure in the coming days.

Share Market News 04-June-2019

Sensex, Nifty Take A Breather From Record Run Ahead Of RBI Policy

The Indian share market after hitting record highs in the previous session started the day on a weak note. Sensex was down 132.09 points or 0.33% at 40135.53, and the Nifty was down 37.30 points or 0.31% at 12051.20. Among sectors, except infra and pharma, all other indices were trading lower. The IT stocks took a severe beating from the market participant today.

In the afternoon session, the Indian share market continued to trade lower, the Sensex was trading at 40,162 & Nifty at 12,048.60. The broader market was outperforming the benchmark indices the mid & small -cap were trading with gains of 0.30 percent. On the sectoral front, PSU bank, reality & Infra were trading higher, While IT & Pharma were the worst performer.

The benchmark indices were seen trading weak throughout the day. IT was the sector which was under pressure which further followed by other sectors too. Except for infra and metal, all other sectors closed in the red zone. With the data pointing towards a slowing economy with the 20-quarter slowest GDP growth of 5.8% in 4QFY19 and the headline inflation at sub-3%, it is much likely that the RBI will go for a rate cut for the third time. However, the last two rate cuts by the RBI has not produced the desired effects. In such a scenario, the question is whether the Central bank will go for a rate cut by more than 25 basis points. Considering this in today's trade many of the company which is interest rate sensitive or the debt-laden were on the buying radar of the investors just prior to the RBI Monetary policy. On the closing bell, the indices managed to close above the milestone mark at 40083.54 the Sensex, while Nifty finished at 12021.65. In the broader market, small & mid-cap had also closed with the marginal decline of 0.15 percent.

Top Gainers

YESBANK by 2.61% to Rs 153.35 ,INFRATEL by 2.29% to Rs 274.90,NTPC by 1.50% to Rs 135.10,AXISBANK by 1.38% to Rs 823.90, COALINDIA by 1.07% to Rs 263.70.

Top Losers

ZEEL By -3.70% to Rs 346.25, HEROMOTOCO by -2.86% to Rs 2,759.00, ASIANPAINT by -2.51% to Rs 1,422.65, DRREDDY by -2.43% to Rs 2,657.95., BPCL by -2.30% to Rs. 407.50.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session after the report came that Yes Bank in talks with two PE funds to raise Rs 3,000 crore.

ZEEL is the top loser in today's market, The stock was trading weak in today’s trade and was down by 3.70 percent.

Key Market News

  • Manufacturing PMI rise to 52.7vs 51.8 in April.
  • Pre-monsoon rainfall lower in 65 years, According to the statement of Skymet.
  • RBi revise norms on bank exposure to large borrowers.
  • Foreign portfolio investors (FPIs) bought Rs 3,069 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 463 crore.

Stocks To Watch

MASFIN is on the upside while JUSTDIAL is on the downside.

MASFIN is currently quoting at Rs.587.10 up by Rs 52.10 or 9.74% from its previous closing of Rs.535.00 on the NSE. The NSE stock has touched a 52 week high of Rs.624.60 on 07-SEP-2018 & a 52 week low of Rs. 367.95 on 23-OCT-2018. The stock has seen good buying interest with heavy volumes,The MACD divergence was also visible on the daily chart.

JUSTDIAL is currently quoting at Rs.753.70 down by Rs.-41.30 or -5.19% from its previous closing of Rs.795.00 on the NSE. The NSE stock has touched a 52 week high of Rs 819.70 on 03-JUN-2019 & a 52 week low of Rs 409.15 on 01-OCT-2018. The stock is trading in the overbought zone and most likely to trade lower in coming days.

Share Market News 03-June-2019

Rate Cut Hopes Shrug off Negative Global Cues, Sensex Climbs Above 40000

Market fudged investor in the early trade today. With the weak global cues and India’s weak GDP data, many of the traders were expecting a correction today. However, shrugging all these factors, the hope of rate cuts, fall in Brent crude prices and government 10-year bond yield edged market higher. The Sensex rose as much as 108 points or 0.27 percent to 39,822 and Nifty 50 rose as much as 0.27 percent to 11,954.60. Among sector, FMCG was leading the gains, While, Auto was the among top loser in early trade.

In the afternoon session, the Indian share market was trading at day's high, the heavyweights HDFC Twins kept the market higher by gaining more than 1.20 percent each. The Sensex was trading at 40,011.24 & Nifty at 12,009.00. In the broader market, the Mid-cap index was also trading higher with the gains of 0.50 percent. Except for pharma, all other sectors were trading in the green.

The whole day rally led Sensex and Nifty to step its new all-time high. Strong buying in the heavyweight HDFC Twins & Reliance was another key factor which sustained markets on the higher levels. The repo rate cut hope which was among the most important attraction of today’s market is highly beneficial for the banking and NBFC sector. The rate cut will reduce the borrowing costs which would aid the consumption levels. Improved consumption will ultimately result in the healthy demand scenario and reflect in the share prices of the stock. On the closing, Sensex rallied 553.42 points or 1.39 percent to 40,267.62 and the Nifty 50 jumped 165.70 points or 1.39 percent to 12,088.50. In the broader market the Mid-cap was up by 0.96 percent & Small- cap closed higher with the gain of 0.28 percent. Among sector except for Media, almost all other sector closed with the gains of 1 percent.

Top Gainers

HEROMOTOCO by 5.77% to Rs 2,835.00 ,ASIANPAINT by 3.82% to Rs 1,461.00,BAJAJ-AUTO by 3.56% to Rs 3,030.15,INDUSINDBK by 3.28% to Rs 1,658.00, IBULHSGFIN by 3.24% to Rs 812.00.

Top Losers

GAIL By -0.78% to Rs 358.20, TECHM by -0.22% to Rs 758.70, ICICIBANK by -0.20% to Rs 422.85, ULTRACEMCO by -0.11% to Rs 4,754.75., NTPC by -0.08% to Rs. 133.15.

Analysis Of Top Gainer And Loser

HEROMOTOCO is the top gainer in today's market session after the company reported a 13.5 percent rise in sales to 652,028 units in May over the previous month. The company had sold 574,366 units in April 2019

GAIL is the top loser in today's market, The stock was trading weak in today’s trade and was down by 0.78 percent.

Key Market News

  • GDP, the economy grew 5.8% in the fourth quarter of FY19 against 6.6% in the preceding one and 8.1% in the year earlier.
  • Foreign portfolio investors (FPIs) bought Rs 676 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 394 crore.
  • Trade privileges to India to end on June 5: US
  • Unemployment rate at 6.1% in 2017-18, confirms govt data
  • Fiscal deficit lower at 3.39% in 2018-19
  • China raises maximum 25% punitive tariffs on $60 bn US goods
  • India's per-capita income rosed by 10% to Rs 10,534 a month in FY19

Stocks To Watch

RELIANCE is on the upside while HERITAGE FOOD is on the downside.

RELIANCE is currently quoting at Rs.1,364.00 up by Rs 33.85 or 2.54% from its previous closing of Rs.1,330.15 on the NSE. The NSE stock has touched a 52 week high of Rs.1,417.50 on 03-MAY-2019 & a 52 week low of Rs. 914.55 on 31-May-2018. The stock is witnessing a strong buying interest in today’s trade and likely to remain so in coming day’s.

HERITAGE FOOD is currently quoting at Rs.393.00 down by Rs.-19.30 or -4.68% from its previous closing of Rs.412.30 on the NSE. The NSE stock has touched a 52 week high of Rs 724.20 on 01-JUN-2018 & a 52 week low of Rs 387.00 on 03-JUN-2019. The stock has broken the important support level and likely to remain in a downtrend in coming day’s

Share Market News 30-May-2019

Nifty ends May series near 11,950,HDFC Twins & RIL Shines

Ahead of the F&O expiry, the Indian share market opened flat, the gain's were capped by the negative global sentiment. In the early trade, the Sensex was up by 36.91 points or 0.09% at 39538.96, and the Nifty was up by 14.60 points or 0.12% at 11875.70. Energy, infra, IT and pharma were the sectors with the marginal gains. Today the point of discussion on d-street would be the swearing ceremony of Modi & cabinet induction, which is scheduled in the latter part of the day.

The Indian share market after a flattish start gained the momentum and was trading higher. The contribution came from Reliance & TCS, trading with the gains of more than 1 percent. The Sensex was up by 223.53 points at 39,735.58, while Nifty at 11,9191.40. The same strength was seen in the broader market with Mid & Small-Cap up by 0.30 percent. Among sector IT, Bank & Energy were trading higher, While Auto, Pharma & metal were lowered.

TThe Indian share market closed strong on the monthly expiry day. The heavy-weight HDFC Twins, TCS, RIL & ICICIBK kept the indices sky-high. In closing, the Sensex was at 39,831.97, while Nifty was up 84.80 points at 11,945.90. The broader market was in-line as compared to benchmark with Mid-cap closing at the gain of 0.79 percent, & Small-cap at 0.38 percent higher. Among sectors energy, Infra & Banks led the rally, whereas Auto & Metal closed lower. During the May series, we saw some profit booking in the first half and then in the midst fresh buying emerged prior to the exit poll results. We saw a spectacular run as exit polls were in favor of the existing government. On the final result day, Nifty clocked record highs, but couldn’t sustain at the higher levels due to the profit booking. Finally, after the outcomes, the benchmark stabilized and headed in the northward direction to eventually conclude the series tad above 11,900.

Top Gainers

NTPC by 3.32% to Rs 135.25 ,YESBANK by 2.34% to Rs 155.25,BAJFINANCE by 2.28% to Rs 3,486.95,BPCL by 2.10% to Rs 407.55, BHARTIARTL by 2.05% to Rs 345.75.

Top Losers

SUNPHARMA By -2.57% to Rs 412.90, EICHERMOT by -2.22% to Rs 19.970.00, ZEEL by -2.13% to Rs 364.60, M&M by -2.03% to Rs 658.50.,ONGC by -1.34% to Rs. 169.25.

Analysis Of Top Gainer And Loser

NTPC is the top gainer in today's market session, The Central Electricity Regulatory Commission (CERC) has proposed to grant the National Thermal Power Corporation (NTPC) electricity trading license in India. The license is to be granted to help the NTPC in implementing renewable energy projects, especially solar and wind energy projects across the country.

SUNPHARMA is the top loser in today's market After posting the Q4FY19 result the stock is in focus and actively trading by the traders.

Key Market News

  • Foreign portfolio investors (FPIs) sold Rs 304 crore worth of domestic stocks on Wednesday, DIIs were net seller to the tune of Rs 190 crore, data suggested.
  • Arun Jately optioned out from the cabinet.
  • RBI set up a task force on secondary market development in corporate loans.
  • The US removes India from its currency monitoring list.

Stocks To Watch

INDIACEM is on the upside while SAGCEM is on the downside.

INDIACEM is currently quoting at Rs.111.25 up by Rs 0.75 or 0.68% from its previous closing of Rs.110.50 on the NSE. The NSE stock has touched a 52 week high of Rs.134.25 on 29-MAY-2018 & a 52 week low of Rs. 74.75 on 12-FEB-2019. The stock is witnessing a strong buying interest & the overall cement pack is in focus and likely to remain so in coming days.

SAGCEM is currently quoting at Rs.680.05 down by Rs.-20.90 or -2.98% from its previous closing of Rs.700.95 on the NSE. The NSE stock has touched a 52 week high of Rs 958.00 on 29-MAY-2018 & a 52 week low of Rs 528.15 on 19-FEB-2019. The stock presently is trading at the overbought zone and likely to face a pullback in coming days.

Share Market News 29-May-2019

Indices halt three-day rally, PSU banks close lower

Tracking the global cues the Indian share market edged lower in the opening bell. the Sensex was down 47.14 points at 39702.59, while Nifty was down by 11.50 points at 11917.30. Among the sectors, except IT and Pharma all other indices were trading lower. On the currency front, The Indian rupee opened lower at 69.75 per dollar versus previous close 69.69.

In the afternoon session, The Indian share market was trading flat seemed to be exhausted after a recent surge. The Sensex was down by 0.20 points at 39,670.91 & Nifty was trading at 11,905.85. Among sector except for IT & Pharma, all other sectors were trading in red, the top sectoral losers were the PSU bank, Metal, Media & Auto. The broader market was also witnessing the heat with MidCap down by 0.59 percent and Small-Cap declined by 0.25 percent.

The Indian share market in the absence of any key positive triggers domestically and ongoing global uncertainty, especially with respect to US-China trade relations closed on the negative note. The selling was visible in Banks, Metal, Auto & Infra which kept the market lower. The Sensex was down 247.68 points at 39,502.05, while Nifty was down 67.70 points at 11,861.10. In the broader market, The mid & Small-cap got corrected and closed with the loss of 0.70 percent. In the coming day's we expect the Indian markets to witness some consolidation. However, the Nifty now has to hold the 11,800 level to witness an upward move towards 11,950 and then 12,000 levels, whiles supports are seen at 11,760 levels.

Top Gainers

INFRATEL by 2.51% to Rs 275.75 ,SUNPHARMA by 2.25% to Rs 422.05,GAIL by 2.22% to Rs 356.50,TCS by 1.95% to Rs 2,114.20, HCLTECH by 1.28% to Rs 1,085.00.

Top Losers

JSWSTEEL By -4.44% to Rs 279.95, SBIN by -3.29% to Rs 348.20, TATASTEEL by -2.86% to Rs 492.55, CIPLA by -2.80% to Rs 561.75.,ZEEL by -2.61% to Rs. 371.85.

Analysis Of Top Gainer And Loser

INFRATEL is the top gainer in today's market session, Bharti Airtel is planning to raise about $1 billion from the sale of at least a 25% stake in its Africa subsidiary that will be listed on the London Stock Exchange. It plans to use the money raised to reduce debt.

JSWSTEEL is the top loser in today's market After BJP President BS Yeddyurappa has urged the government to revoke the cabinet’s decision to sell 3,666 acres of land currently leased to the JSWSteel in the mineral-rich Sandur taluk of Ballari district.

Key Market News

  • Foreign portfolio investors (FPIs) sold Rs 501 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 269 crore.
  • RBI extends timings for Real Time Gross Settlement (RTGS) from 4:30 pm to 6 pm.

Stocks To Watch

MOLDTECH is on the upside while KEC is on the downside.

MOLDTECH is currently quoting at Rs.58.85 up by Rs 5.05 or 9.39% from its previous closing of Rs.53.80 on the NSE. The NSE stock has touched a 52 week high of Rs.62.95 on 08-MAY-2019 & a 52 week low of Rs.38.10 on 01-OCT-2018. The stock is witnessing a strong buying interest and it’s likely to continue in the coming day’s.

KEC is currently quoting at Rs.324.20 down by Rs.-7.70 or -2.32% from its previous closing of Rs.331.90 on the NSE. The NSE stock has touched a 52 week high of Rs 384.00 on 13-JUN-2018 & a 52 week low of Rs 233.30 on 29-JAN-2019. The stock presently is trading at the overbought zone and likely to face a pullback in coming days.

Share Market News 28-May-2019

Sensex, Nifty Log Third Record Close Led by INFY, RIL

The Indian share market started on the flat note, the Sensex was up 38.88 points at 39722.17, while Nifty was up by 16.60 points at 11941.40. Among sectors, FMCG and PSU bank index was under pressure, while the buying was seen in the metal, auto, infra, and pharma. Expressing the headwinds lingering for D-street, Bank of America Merrill Lynch Ltd had maintained a cautious stance on Indian markets indicating the concern over the slowing consumption and a brewing non-bank finance company crisis; coupled with the weak corporate earnings.

The Indian share market was still in the afternoon session, The heavyweight Reliance was trading at gains of 1.50 percent, while HDFC was the one witnessing the selling pressure down more than 2 percent. The Sensex was up by 16.86 points at 39,700.15 & Nifty was trading at 11,927.25. The broader market was showing some moderate gain with Mid & Small -Cap up by 0.35 percent. On the sectoral front, Media, Metal & energy were trading higher while, Banks & Infra were sinking.

The benchmark indices after a dip in second-half had recovered smartly from the levels of 11865-11870, Once again the Banking stocks and namely Reliance & INFY saved the day. The Sensex was up 66.44 points at 39,749.73, while Nifty was up 16.40 points at 11,941.20. Among sector IT, Media & Metal led the gains, While Infra, PSU bank & Auto declined. In the broder market, the Mid & Small-Cap closed with Flat to negative bias. After the recent surge in the benchmark indices, the market is likely to consolidate and expect to shift its focus towards macro data like Q4 GDP data and infrastructure output (scheduled this week), the onset of monsoon, events like RBI Monetary Policy slated next week (6 June) and also on Union budget.

Top Gainers

ZEEL by 5.26% to Rs 380.00 ,YESBANK by 4.50% to Rs 153.40,INFY by 2.56% to Rs 726.25,COALINDIA by 2.29% to Rs 249.70, POWERGRID by 1.95% to Rs 191.00.

Top Losers

INFRATEL By -4.06% to Rs 268.20, BAJAJ-AUTO by -3.09% to Rs 2,972.25, HEROMOTOCO by -2.56% to Rs 2,749.00, GRASIM by -2.54% to Rs 911.50.,ULTRACEMCO by -1.74% to Rs. 4,756.60.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session, After posting the Q4FY2019 result yesterday the stock has witnessed a strong buying in today’s trade, Stock was up nearly 6 percent in today’s trade.

INFRATEL is the top loser in today's market, In today’s trade the stock has witnessed heavy selling interest, It cracks more than 4 percent in today’s trade.

Key Market News

  • With favorable property prices, cuts in under-construction housing GST rates and an expectation of lower interest rates, Indian homebuyers are gradually returning to real estate market as the inventory months have dropped to 30 months in Q1CY19 from 50 months earlier
  • According to media sources, RBI is likely to relax the voting threshold for corporate debt restructuring to 90% from 100% earlier. This could be marginally positive for lenders as it will enable faster resolution of stress assets.
  • Foreign portfolio investors (FPIs) bought Rs 1,215.36 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 327.86.

Stocks To Watch

INFOSYS is on the upside while M&M is on the downside.

INFOSYS is currently quoting at Rs.726.25 up by Rs 18.15 or 2.56% from its previous closing of Rs.708.10 on the NSE. The NSE stock has touched a 52 week high of Rs.773.00 on 09-APR-2019 & a 52 week low of Rs.599.85 on 26-NOV-2018. The stock is currently trading strong and likely to remain so in coming day’s.

M&M is currently quoting at Rs.669.60 down by Rs.-9.75 or -1.44% from its previous closing of Rs.679.35 on the NSE. The NSE stock has touched a 52 week high of Rs 993.00 on 29-AUG-2018 & a 52 week low of Rs 597.20 on 16-May-2019. The stock has witnessed selling pressure from higher level the share price is likely to come down in the coming day’s.

Share Market News 27-May-2019

Sensex, Nifty continue to ride Modi rally, end at record closing highs

Indian share market had a sluggish start with Sensex up by 1.36 points at 39436.08, and the Nifty down 4.20 points at 11839.90. Among sectors, auto, energy, and pharma were trading lower, while buying was seen in the metal, infra, and FMCG. The brokerage houses have Re-rated numerous companies following we may witness certain action in these stocks. Among which NTPC, IGL & Grasim were on the buy side, while Ashokley & JSW steel on the sell side.

In the afternoon session, The Indian share market had pick-up the pace and were trading higher, the strength was seen coming from HDFC & LART. The Sensex was up by 227.40 points at 39,662.12, While Nifty at 11,911.40.Compared to the benchmark indices the broader market had outperformed the d-street with Mid & Small - Cap gaining more than 1.50 percent. On the sectoral front, except pharma, all other sectors were trading in green led by Banks, Metal, Reality & Infra.

The Indian benchmark indices extended its gains closing at the day's high, boosted by the buying in infra and financial stocks, as cheer over Prime Minister Narendra Modi's return for a second term in office continued to buoy investor sentiment. the Sensex was up 248.57 points at 39683.29, while the Nifty was up 80.70 points at 11924.80. Among the sectors, except IT and pharma all other indices ended higher led by infra, metal, PSU bank, FMCG and energy. In the broader market, the Mid & Small- Cap closed with the gain of more than 1.60 percent. With the general elections behind us, the focus would return to earnings, upcoming macroeconomic data and global cues. As far as levels are concerned, 12000 – 12041 would be seen as immediate hurdles whereas on the lower side, 11850 – 11810 are likely to provide support on an intraday basis.

Top Gainers

TATASTEEL by 5.80% to Rs 512.25 ,YESBANK by 3.93% to Rs 146.75,IOC by 3.38% to Rs 162.10,NTPC by 3.27% to Rs 133.50, LT by 3.20% to Rs 1,593.50.

Top Losers

ZEEL By -4.47% to Rs 360.00, INDUSINDBK by -2.00% to Rs 1,616.00, RELIANCE by -1.77% to Rs 1,313.20, BHARTIARTL by -1.19% to Rs 349.00.,TECHM by -1.19% to Rs. 727.10.

Analysis Of Top Gainer And Loser

TATASTEEL is the top gainer in today's market session, As per the report, China’s iron ore futures hit a new high and extending its last week’s record-breaking rally, as stocks of the steelmaking ingredient at ports continued to drop while worries lingered about another Brazil mine dam at risk of collapsing.

ZEEL is the top loser in today's market, The stock crackdown in today’s trading session, As the company is likely to post the Q4FY2019 result after the market hour.

Key Market News

  • Crude steel production stood at 8.662 MT in April 2019, up by 0.1 percent over April 2018
  • 10-year bond yield at over 1-year low at 7.16 percent
  • China regulator warns against yuan shorting
  • Foreign portfolio investors (FPIs) bought Rs 2,026 crore worth of domestic stocks on Friday, DIIs were net sellers to the tune of Rs 195.35 crore.

Stocks To Watch

GRASIM is on the upside while RELIANCE is on the downside.

GRASIM is currently quoting at Rs.934.00 up by Rs 23.95 or 2.63% from its previous closing of Rs.910.05 on the NSE. The NSE stock has touched a 52 week high of Rs.1,093.60 on 31-MAY-2018 & a 52 week low of Rs.689.10 on 15-Feb-2018. The overall cement pack is on the strong move and the stock is witnessing the strength on the technical front and likely to remain the same.

RELIANCE is currently quoting at Rs.1,313.20 down by Rs.-23.65 or -1.77% from its previous closing of Rs.1,336.85 on the NSE. The NSE stock has touched a 52 week high of Rs1,471.50 on 03-MAY-2019 & a 52 week low of Rs 906.60 on 30-May-2018. The stock has witnessed selling pressure in throughout trading session and will likely to remain so.

Share Market News 23-May-2019

Modi 2.0 Rally Ends On Profit-Booking Note, Nifty below 11,700

The hope of Modi 2.0 taking shape led markets to fly high in the initial trades today. The benchmark indices have made an all-time high with Sensex up by 539.05 points or 1.38% at 39649.26, and the Nifty up 156.00 points or 1.33% at 11893.90. On the sectoral front, all the major indices were trading in green led by banks, auto, energy, infra, metal, IT and pharma. The major takeaway during the session was the India VIX. The fear-gauge dropped more than 18 percent trading at 22 marks.

In the afternoon session, the benchmark indices galloped to the all-new high, where Sensex climbed to milestone figure of 40,000 and Nifty crossing 12000. The broader market has taken a part in the rally with Mid & Small-Cap up by 1 percent. Among sector, Except IT all other sectors were trading in Green led by Banking, Infra & Energy.

The remarkable sprint of the last three days ended in a red zone. The sell on news phenomena was playing its role perfectly, where indices lost their gains to profit bookings. Modi tsunami was visible in the election results which turned the game for investors. HDFCBK & ITC kept the market under pressure. The Sensex was down 298.82 points at 38811.39, while Nifty was down 55.40 points at 11682.50. The sectors who contributed to the most were the Media, Infra & reality. On the broader view, the Mid & Small-cap followed the benchmark indices and closed with the loss of 0.17 & 0.20 percent.

Though Modi reign is going to continue ahead, market participants would now be keen to know the future course of action economic recovery, a solution to the liquidity situation, Union budget, the progress of monsoon and, earnings trajectory.

Top Gainers

ADANIPORT by 5.84% to Rs 408.50 ,ZEEL by 5.55% to Rs 361.20,INDUSINDBK by 5.20% to Rs 1,597.90,GRASIM by 3.46% to Rs 887.00, CIPLA by 2.21% to Rs 565.20.

Top Losers

VEDL By -5.59% to Rs 157.00, EICHERMOT by -4.19% to Rs 20,335.50, ITC by -3.80% to Rs 288.35, HINDALCO by -3.18% to Rs 191.70.,BAJAJFINSV by -2.60% to Rs. 8,008.00.

Analysis Of Top Gainer And Loser

ADANIPORT is the top gainer in today's market session, The company is planning its first container terminal outside India in Myanmar at an estimated cost of USD 290 million

VEDL is the top loser in today's market over the concern of the Konkola Copper Mines in Zambia.

Key Market News

  • NSE gets partial relief from Securities Appellate Tribunal (SAT).
  • Foreign portfolio investors (FPIs) sold Rs 965.02 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 157.75 crore.
  • Sebi proposes a review of buyback norms for companies with NBFC, HFC as subsidiaries
  • RBI may not increase the age limit for bank CEOs over 70 years: Report

Stocks To Watch

ICICIBANK is on the upside while ITC is on the downside.

ICICIBANK is currently quoting at Rs.411.50 up by Rs 6.15 or 1.52% from its previous closing of Rs.405.35 on the NSE. The NSE stock has touched a 52 week high of Rs.427.95 on 23-MAY-2018 & a 52 week low of Rs.256.50 on 16-JUL-2018. The stock has been trading strong from quite a time and had likely to continue its momentum going ahead.

ITC is currently quoting at Rs.288.35 down by Rs.-11.40 or -3.80% from its previous closing of Rs.299.75 on the NSE. The NSE stock has touched a 52 week high of Rs 322.95 on 03-SEP-2018 & a 52 week low of Rs 259.00 on 28-JUN-2018. The stock has witnessed selling pressure in throughout trading session and likely to remain so.

Share Market News 22-May-2019

A Muted day ahead of Election result

A day before the election counting starts the Indian share market had opened on a muted note. The benchmark indices Sensex and Nifty were trading at 39,086.21 & 11,727.95. Among the sectors, IT, metal, FMCG and auto indices were trading with marginal loss, while energy, infra, and pharma were trading higher. DHFL was the eyecatcher in the early trade. Reacting to the corporate announcement regarding fresh public deposits and renewals of existing deposits, the stock took a beating of more than 12 percent in the initial trade

In the afternoon session, the Indian share market was trading flat with no major move in any of the direction. The Sensex was 101.49 points higher at 39071.29, While Nifty was trading at 11726.65. The disappointment came from the broader market with Mid-cap down by 0.50 percent. However the sectorial contributor in the nifty was the energy, reality & Infra While, media & reality were trading in negative.

In today's trade, the Indian benchmark indices were seen hovering in the same range closed the day with clueless. The Sensex was up 140.41 points at 39110.21, while Nifty was up 28.80 points at 11737.90. however, the banks continued to outperform the market, with Indusland Bank leading the way followed by Icici & sbi bank. On the sectoral front, bank nifty, Infra & Energy were on the green side, On the other hand, FMCG, Media & IT closed in the red. The turnaround was held in a broader market which was trading in red but somehow managed to recover with Mid & small-cap closing at -0.07 & 0.46 percent change. On the weekly expiry day, the Indian share market most probably will track the vote counting and according to that the action would take place, So you can definitely expect some wild moves from the stocks and the indices with high volatility to remain

Top Gainers

INDUSINDBK by 5.54% to Rs 1,528.00 ,SUNPHARMA by 3.46% to Rs 423.00,BAJAJ-AUTO by 2.51% to Rs 3,053.95,BPCL by 2.35% to Rs 383.25, EICHERMOT by 1.83% to Rs 21,285.00.

Top Losers

TECHM By -2.98% to Rs 750.00, IBULHSGFIN by -2.94% to Rs 784.00, INFRATEL by -2.52% to Rs 269.15, YEASBANK by -1.49% to Rs 138.90.,ZEEL by -1.35% to Rs. 343.00.

Analysis Of Top Gainer And Loser

INDUSINDBK is the top gainer in today's market session, After posting the Q4FY2019 result the stock witnessed a hefty buying interest.

TECHM is the top loser in today's market after the company posted a disappointing result in Q4 FY2019 the witnessed the selling pressure.

Key Market News

  • The Reserve Bank of India (RBI) board on Tuesday suggested not extending a credit line to struggling non-banking financial companies (NBFCs) because it felt there was no systemic liquidity issue but there were solvency concerns in some large entities
  • Foreign portfolio investors (FPIs) bought Rs 1,185.44 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 1,090.32 crore.
  • Morgan Stanley expects Brent to hit $75-80 range in H2CY2019

Stocks To Watch

INDUSINDBK is on the upside while ZEEL is on the downside.

INDUSINDBK is currently quoting at Rs.1,528.00 up by Rs 80.25 or 5.54% from its previous closing of Rs.1,447.75 on the NSE. The NSE stock has touched a 52 week high of Rs.2,038.00 on 03-AUG-2018 & a 52 week low of Rs.1,333.15 on 31-OCT-2018. The stock after posting the result witnessed the good buying interest and likely to remain so in coming days.

ZEEL is currently quoting at Rs.343.00 down by Rs.-4.70 or -1.35% from its previous closing of Rs.347.70 on the NSE. The NSE stock has touched a 52 week high of Rs 578.25 on 28-MAY-2018 & a 52 week low of Rs 288.30 on 25-JAN-2019. The stock is technically weak and likely to remain the same in coming sessions.

Share Market News 21-May-2019

Sensex plunges 383 points as exit polls euphoria fades; Nifty holds 11,700

The Indian share market after a strong close on the previous trading session has opened on the positive note. The Sensex was up 104.58 points at 39457.25, while Nifty was up 28.80 points at 11857.10. Among the sectors, except IT all other sectoral indices were trading higher led by pharma, bank, metal, energy, and FMCG. The heavyweight HDFC Twins & Reliance were the top performer in early trade. However, The global sentiment is seemed negative with the US government blacklisting the Chinese telecom giant Huawei Technologies for doing business, Capping the positive momentum for the D-street.

The benchmark Indices after hitting a new high were trading flat to positive. The Strenght had continued to come from the Reliance which was up 2.30 percent followed by the HDFC twins, which kept the indices higher. In the afternoon session, the Sensex was trading at 39,420.99 higher by 68.32 points, While Nifty was up by 11.45 points at 11,839.70. On the sectoral front, Media, Auto & Infra were trading in red, On the other hand, Pharma, FMCG was trading strong. Comparing to the benchmark indices the broader market were trading weak, Mid & Small-cap were down by 0.35 percent.

After a two day's of phenomenal run by bulls, the Indian share market witnessed the profit booking in the second half of today's trade closing the index in negative territory. the Sensex was down 382.87 points at 38969.80, while Nifty was down 119.20 points at 11709.10. The broader market followed the same pattern with Mid & Small-Cap down nearly 1 percent. On the sectoral front, All the sectors index has closed in red led by Auto, Media & Metal. Going ahead, The pre-election rally is likely to continues if the election verdict comes in tandem with exit polls where quality mid & small caps is expected outperform the Indian share market.

Top Gainers

DRREDDY by 2.92% to Rs 2,665.00 ,INFRATEL by 2.10% to Rs 275.20,TITAN by 1.34% to Rs 1,248.10,BRITANNIA by 1.26% to Rs 2,836.60, RELIANCE by 1.06% to Rs 1,339.90.

Top Losers

TATAMOTORS By -6.60% to Rs 177.60, ZEEL by -4.33% to Rs 346.80, BPCL by -4.20% to Rs 375.35, ADANIPORTS by -3.39% to Rs 386.55.,INDUSINDBK by -3.38% to Rs. 1,444.15.

Analysis Of Top Gainer And Loser

DRREDDY is the top gainer in today's market session, The company’s Bachupally FTO-3 unit gets clearance from the German body.

TATAMOTORS is the top loser in today's market after the company posted an disappointing result in Q4 FY2019

Key Market News

  • Foreign portfolio investors (FPIs) bought Rs 1,734.45 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 542.71 crore.
  • Third party motor insurance premium to get pricier as IRDAI revises rate card.

Stocks To Watch

RELIANCE is on the upside while ZEEL is on the downside.

RELIANCE is currently quoting at Rs.1,339.90 up by Rs 14.00 or 1.06% from its previous closing of Rs.1,325.90 on the NSE. The NSE stock has touched a 52 week high of Rs.1,417.50 on 03-MAY-2019 & a 52 week low of Rs.906.60 on 30-MAY-2018.The stock has been trading strong from a couple of days and likely to remain in focus in coming day’s.

ZEEL is currently quoting at Rs.346.80 down by Rs.-15.70 or -4.33% from its previous closing of Rs.362.50 on the NSE. The NSE stock has touched a 52 week high of Rs 578.25 on 28-MAY-2018 & a 52 week low of Rs 288.30 on 25-JAN-2019. The stock is technically weak and likely to remain the same in coming sessions.

Share Market News 20-May-2019

Exit Polls Leads a Cannonball Run, Nifty Closes Near To Its Peak

Exit polls projecting Modi reign to continue with a comfortable win injected the sense of euphoria to the Indian market. In the opening session, Sensex galloped by 811 points or 2.14% at 38741.77. Whereas Nifty spiked up by 242.10 points or 2.12% at 11649.30. On the sectoral front, Except IT all other sectoral indices like banking, auto, energy, infra, and FMCG have entered the party by trading in the green zone.

The momentum created by the initial gap up opening was seen well maintained in the afternoon sessions too. The Sensex was up 956.57 points at 38,887.34 and Nifty was trading at 11685.80. The Broader market has also enjoyed a rally where Mid & Small Cap indices were up by more than 3.50 percent. On the sectoral front, All the sector were trading in green led by Energy, Infra, Reality & Banks.

In the anticipation of “Phir Ek Bar Modi Sarkar,� the Indian share market has marked it’s biggest single-day gain of a decade since Jan 25, 2009. Nifty had closed just at a kissing distance of its all-time high of 11856. However, Nifty tasted its all-time closing high at 11828.25 up 4.45 percent whereas Sensex closed at 39352.67. Highly traded BankNifty rallied to its all-time high and closed at 30,759.70. The magical run was largely supported by Index heavyweights Reliance, HDFC Bank and ICICI Bank which contributed 189.86, 150.45 and 110 21 basis points to the index gains. L&T and SBI were the other followers which contributed 106.78 points and 106.78 points to the index gains. Following the benchmark Indices, the broader market Mid & Small-Cap closed with the gain of more than 4 percent.

One most important takeaway from today was, easing off the IndiaVIX. India Vix closed at 23.67 down by more than 15 percent. The phenomena suggest the lower volatility which is beneficial for the markets.

After a mindblasting upward march of the Indian markets, don’t expect to be like this ahead. With a recent two day rally, where nifty climbed by more 560 points shows that markets have factored the exit polls to some extent now. So, the market may trade with the muted gains ahead. Poor earnings growth, lower liquidity, slowing economy and global challenges may play a role during the time. However, we see the possibility of sector-specific rally ahead where the infrastructure, cement, banking ranks among the first three.

Top Gainers

ADANIPORT by 10.99% to Rs 407.45 ,IBULHSGFIN by 10.62% to Rs 800.00,INDUSINDBK by 8.77% to Rs 1,494.00,SBIN by 8.32% to Rs 345.80, TATAMOTORS by 7.15% to Rs 189.50.

Top Losers

DRREDDY By -5.50% to Rs 2,594.00, ZEEL by -3.00% to Rs 361.00, BAJAJ-AUTO by -0.82% to Rs 3,015.00, TECHM by -0.76% to Rs 778.90., INFY by -0.36% to Rs. 721.30.

Analysis Of Top Gainer And Loser

ADANIPORT is the top gainer in today's market session, The overall Adani Group was witnessing the buying interest in today’s session tracking the Exit Poll outcome.

DRREDDY is the top loser in today's market after the company reported a disappointing margin in the January-March quarter

Key Market News

  • Oil prices jumped as much as 1 percent on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supplies.
  • Foreign portfolio investors (FPIs) sold Rs 1,057.82 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 1,809.76 crore.
  • Forex reserves recorded up by $1.36 bn to $420.05 bn

Stocks To Watch

Larsen & Toubro Ltd. is on the upside while BirlaCable is on the downside.

Larsen & Toubro Ltd. is currently quoting at Rs.1,454.00 up by Rs 92.10 or 6.76% from its previous closing of Rs.1,361.90 on the NSE. The NSE stock has touched a 52 week high of Rs.1,459.70 on 21-Dec-2018 & a 52 week low of Rs.1,182.50 on 23-Oct-2018. The stock had given a strong closing in today’s session and likely to trade strong in coming days.

BirlaCable is currently quoting at Rs.107.00 down by Rs.-15.70 or -12.80% from its previous closing of Rs.122.70 on the NSE. The NSE stock has touched a 52 week high of Rs 229.40 on 22-Nov-2018 & a 52 week low of Rs 66.60 on 22-May-2018. The stock has been continuously trading in the weak note and likely to trade in downtrend going ahead.

Share Market News 16-May-2019

Nifty ends above 11,250; Infosys, HDFC Bank shines

Tracking the mixed global clues the Indian share market opened marginally higher. The Sensex was up 57.54 points at 37172.42, while Nifty was up 15.50 points at 11172.50. On the sectoral front, buying was seen in the metal, IT, auto and PSU banking stocks.

In the afternoon session, the Indian share market was trading flat with no major move in any direction. The Sensex was trading at 37112.77 while nifty at 11164.90. Among sector Media, Energy & reality were trading in the green, While Pharma & Fmcg were on the losing side. In the broader market, The situation remained the same, the Mid & Small-cap were trading with merely any change.

Markets managed to post decent gains and settled around the day’s high. The first half of today's trading session was dull as widening trade deficit data and possible delay in monsoon was weighing on the sentiment of market participant. However, the tone changed in the latter half with a sharp recovery in select index majors which aided the benchmark to end around the day’s high. The Sensex was 278.60 points up at 37,393.48, while Nifty was up 100.10 points at 11,257.10. On the sectoral front, Except pharma, all other sectoral indices ended higher led by IT, metal, energy, bank, auto, FMCG and infra. The broader market also managed to post decent gain with Mid-cap closing up by 0.30 percent and Small- cap grew by 0.58 percent.

Top Gainers

ZEEL by 9.11% to Rs 351.70 ,BPCL by 4.85% to Rs 377.00,BAJFINANCE by 4.04% to Rs 3,124.00, IOC by 3.88% to Rs 151.40, ULTRACEMCO by 3.86% to Rs 4,150.00.

Top Losers

YESBANK By -3.32% to Rs 138.20, BHARTIARTL by -2.26% to Rs 323.75, INDUSINDBK by -1.62% to Rs 1,356.60, CIPLA by -1.18% to Rs 549.15., COALINDIA by -0.94% to Rs. 232.90.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session, PepsiCo India’s snack brand Kurkure has partnered with four leading GECs from ZEEL stable for in-show integration of the new positioning ‘Khayaal Toh Chatpata Hai’..

YESBANK is the top loser in today's market after the RBI appointed an additional director former deputy governor R Gandhi on the board of the private sector lender.

Key Market News

  • Trade deficit widens to $15.3 bn in April
  • US hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain China-US trade ties.
  • India's services exports rose by 6.6 percent to $17.94 billion in March.
  • Foreign portfolio investors (FPIs) sold Rs 1,142.44 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 671.77 crore.

Stocks To Watch

AUROPHARMA is on the upside while M&M is on the downside.

AUROPHARMA is currently quoting at Rs.724.85 up by Rs 15.30 or 2.16% from its previous closing of Rs.709.55 on the NSE. The NSE stock has touched a 52 week high of Rs.838.00 on 30-APR-2019 & a 52 week low of Rs.527.00 on 04-JUN-2018. The stock is been trading in its support zone and it's likely to bounce back from the current levels in the coming day’s.

M&M is currently quoting at Rs.607.30 down by Rs.-2.35 or -0.39% from its previous closing of Rs.609.65 on the NSE. The NSE stock has touched a 52 week high of Rs 993.00 on 29-AUG-2018 & a 52 week low of Rs 597.20 on 16-May-2019. The stock has been trading weak and has broken its important support levels, It is likely to remain in pressure in coming days.

Share Market News 15-May-2019

Sensex, Nifty Drop After One-Day Breather; Yes Bank, Tata Motors tank 8%

A slightly softening statement from US President Donald Trump helped ease worries about the US-China tariff war, opening the Indian share market on a positive note. the Sensex was up 116.55 points at 37435.08, while Nifty grew by 34.50 points at 11256.50. Market heavy-weight Reliance and HDFC Bank were up 0.50 percent in opening bell. On the sectoral front, All the sector were trading in green led by energy, FMCG, auto, bank and IT.

In the afternoon session, The Indian share market was at day's high with Reliance and TCS trading higher with gains of more than 1 percent. The Sensex was up by 227.76 points at 37546.29, While Nifty was trading at 11280.35. Pharma, Auto & energy were among top sectoral gainer, While Media & PSU Bank was on the opposite side. Surprisingly in the broader market, Mid & Small-Cap was trading in the red territory with the cut of 0.03 percent.

Indian share market in the last hour of trade has witnessed a sharp fall, erasing the gains of yesterday's trade. The decline was largely guided by the HDFC Bank & Icici Bank. The benchmark indices which has shown the strength in the early session closed with the negative bias, the Sensex was down 203.65 points at 37,114.88, while Nifty was down by 65 points at 11,157. On the sectoral front, except IT & reality all other sector closed in red led by metal, media & PSU bank. In the broader market, the selling continued with Mid-cap down by 0.68 percent & small-cap declined by 1.21 percent.

Top Gainers

BAJFINANCE by 4.52% to Rs 3,012.10. ,EICHERMOT by 4.23% to Rs 20,045.00,UPL by 1.56% to Rs 970.00, BAJAJFINSV by 1.16% to Rs 7,451.00, IOC by 0.91% to Rs 144.90.

Top Losers

TYESBANK By -8.66% to Rs 142.35 ,TATAMOTORS by -7.48% to Rs 170.70, ZEEL by -6.84% to Rs 322.60, JSWSTEEL by -4.98% to Rs 267.00., INDUSINDBK by -4.07% to Rs. 1,374.40.

Analysis Of Top Gainer And Loser

BAJFINANCE is the top gainer in today's market session, there was a higher buying interest in Bajaj Finance in today’s trade the stock was up nearly 5 percent.

YESBANK is the top loser in today's market, The concern of the raising capital for the growth is likely to be challenging for the yes back, for the reason the stock was down by more than 8 percent.

Key Market News

  • Skymet sticks to weak forecast for Monson.
  • Foreign portfolio investors (FPIs) sold Rs 2,011.85 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 2,242.91 crore.
  • India told Iran it will decide on its oil imports after elections end this month, in line with its economic interests, a government source said.
  • India postponed the retaliatory tariff deadline on US products till June 16

Stocks To Watch

AUROPHARMA is on the upside while MOTHERSUMI is on the downside.

AUROPHARMA is currently quoting at Rs.709.60 up by Rs 5.30 or 0.74% from its previous closing of Rs.714.90 on the NSE. The NSE stock has touched a 52 week high of Rs.838.00 on 30-APR-2019 & a 52 week low of Rs.527.00 on 04-JUN-2018. The stock is been trading in its support zone and it's likely to bounce back from the current levels in the coming day’s.

MOTHERSUMI is currently quoting at Rs.116.00 down by Rs.-5.85 or -4.80% from its previous closing of Rs.121.85 on the NSE. The NSE stock has touched a 52 week high of Rs 229.13 on 14-MAY-2018 & a 52 week low of Rs 115.80 on 15-May-2019. The stock has been trading weak and has broken its important support levels, It is likely to remain in pressure in coming days.

Share Market News 14-May-2019

Sensex snaps 9-day losing streak; Nifty above 11,200 levels

Indian share market started flat but strong as compared to the global market. The overnight fall on Wall-street followed by the Asian markets was not reflected on Indian markets. Nifty has opened at 11,151.65, up 3 points Sensex has opened at 37,146.58. Among sector, the FMCG, Pharma & PSU bank were trading higher after declining in yesterday's trade.

In the afternoon session, the Indian share market slipped in the negative territory. Sensex was down by 109 points at 36981.34 & Nifty trading at 11119.00. IT, media and auto sector seen dramatic selling whereas PSU bank, Pharma & Infra were preferred by investors and are seen trading higher. In the broader market, Mid & Small Cap was down more than 0.15 percent.

In the last session, benchmark indices witnessed a recovery from the day's low. The strength was seen in the heavyweights like Reliance, L&T, ITC & HDFC. Halting the nine-day losing streak the Sensex was up 227 points at 37,318.53, while Nifty closed at 11,222, up 73.80 points. Except IT which was down 1.21 percent, all other sectors had closed in green. The strength was also visible in the broader market with Midcap up by 0.48 percent and Small cap grew by 0.71 percent.

Top Gainers

IBULHSGFIN by 6.49% to Rs 701.85. ,BHARTIARTL by 6.07% to Rs 338.00,SUNPHARMA by 5.63% to Rs 420.50, VEDL by 4.64% to Rs 161.35, GAIL by 3.82% to Rs 344.75.

Top Losers

TECHM By -3.08% to Rs 792.10 ,BAJFINANCE by -1.57% to Rs 2,885.75, TCS by -1.55% to Rs 2,095.80, HCLTECH by -1.52% to Rs 1,067.15., WIPRO by -1.42% to Rs. 285.00.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, Many brokerage houses have given a buy rating to IBULHSGFIN which was up 6.49 percent in today’s trade.

TECHM is the top loser in today's market, In today’s trade, the overall IT pack had witnessed a sell-off with TECHM topping the list, declined by 3.08 percent..

Key Market News

  • Rainfall Numbers shows that the pre-monsoon showers (March to June) this year could end up the lowest of the last five years.
  • The retail price inflation rose to a six-month high of 2.92 percent in April, pushed up by costlier food items. However, food inflation was still 1.1 percent in the month against 0.3 percent in the previous month.
  • April WPI Inflation At 3.07 percent. Food Inflation At 4.95 percent.
  • Foreign portfolio investors (FPIs) sold Rs 1,056.01 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 1,057.91 crore.

Stocks To Watch

SIEMENS is on the upside while M&M is on the downside.

SIEMENS is currently quoting at Rs.1,098.00 up by Rs 47.10 or 4.48% from its previous closing of Rs.1,050.90 on the NSE. The NSE stock has touched a 52 week high of Rs.1,201.80 on 25-APR-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The company has posted strong Q4 results and likely to witness good buying in coming days.

M&M is currently quoting at Rs.614.60 down by Rs.-3.00 or -0.49% from its previous closing of Rs.617.60 on the NSE. The NSE stock has touched a 52 week high of Rs 993.00 on 29-AUG-2018 & a 52 week low of Rs 610.55 on 14-May-2019. On the weekly chart, the stock is making lower low’s and is trading near its longtime support zone, Considering Auto slowdown it may breach these levels and move southwards.

Share Market News 13-May-2019

D-street Worries Investors More, breaches strong support zone of 11,180

Indian share markets started on a negative note tracing heat from global financial markets ignited by US-China trade war escalations. The Sensex was down by 69.91 points at 37393.08, while Nifty was trading at 11251.90. On the sectoral front except for FMCG and IT, all the other sectoral indices were trading in the red. In the currency market, the Indian rupee depreciated against the US dollar and traded at 70.16 near to its three-week low.

In the afternoon session, the Indian share market was trading flat after recovering from the day's low. The Sensex was up by 66.33 points at 37529.32, Nifty was trading at 11280.20. On the contrary, as compared to benchmark indices the broader market witnessed a heavy sell-off during the session. Mid & Small Cap indices were down more than 1 percent. On the sectoral front, except Auto and IT, all other sectors were under pressure led by PSU Bank, Media & Pharma.

In the last hour of the trading session, cash-based panic selling dragged markets suddenly. The first entrant to this sliding race was Sun Pharma. The pharma giant plotted the biggest intraday decline post listing (20 percent), though somehow managed to close 5.43 percent lower. The factor has fueled the fear on D-street which led to hefty panic selling. The Sensex closed down by 372.17 points at 37090.82, while the Nifty dropped by 1.16 percent at 11148.20. The price-fixing lawsuit against Teva Pharmaceuticals and 19 other drug makers played a spoilsport for the Indian pharma sector. The lawsuit names some of the Pharma giants like Aurobindo, Dr. Reddys, Glenmark, Lupin, Wockhardt, Zydus and Sun Pharma’s US arm Taro from Indian pharma space. This has raised worries for investors which can easily be seen in today’s market where pharma has taken a beating of 4 percent.

In the broader market, The sell-off was higher as compared to benchmark indices the Mid & Small-cap declined more than 2 percent in a day. On the sectoral front, except IT, all other sector closed in red with most pain visible in Pharma, PSU bank, and Media. In today’s trade Nifty has breached the strong support zone around 11,250-11,200. Now the hope stands around 11,100–11,050 level, which is a combination of 61.8% retracement as well as the ‘200-SMA’ on the daily chart.

Top Gainers

TITAN by 1.49% to Rs 1,149.00. ,HDFC by 1.31% to Rs 1,957.00,INFRATEL by 1.24% to Rs 265.50, TECHM by 0.82% to Rs 815.00, HINDUNILVR by 0.69% to Rs 1,699.10.

Top Losers

EICHERMOT By -8.13% to Rs 18,700.00 ,ZEEL by -6.64% to Rs 346.55, SUNPHARMA by -5.43% to Rs 414.00, IBULHSGFIN by -5.42 % to Rs 660.25., YESBANK by -4.94% to Rs. 155.75.

Analysis Of Top Gainer And Loser

TITAN is the top gainer in today's market session, In today’s trade, the stock has witnessed strength as compared d-street.

EICHERMOT is the top loser in today's market after the company on Friday reported an 18 percent year-on-year rise in profit at Rs 544.84 crore for the quarter ended March 31.

Key Market News

  • Forex reserves were recorded up by $171.9 mn to $418.7 bn
  • Foreign portfolio investors (FPIs) sold Rs 1,245.14 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 1,057.42 crore.

Stocks To Watch

HDFC is on the upside while ZEEL is on the downside.

HDFC is currently quoting at Rs.1,957.00 up by Rs 25.30 or 1.31% from its previous closing of Rs.1,931.70 on the NSE. The NSE stock has touched a 52 week high of Rs.2,073.00 on 09-Apr-2019 & a 52 week low of Rs.1,644.50 on 23-OCT-2018. The Stock has posted above street estimate Q4 result and will likely to witnessed good buying going ahead.

ZEEL is currently quoting at Rs.346.55 down by Rs.-24.65 or -6.64% from its previous closing of Rs.371.20 on the NSE. The NSE stock has touched a 52 week high of Rs 604.90 on 10-MAY-2018 & a 52 week low of Rs 288.30 on 25-JAN-2018. The stock is been in selling pressure and looking weak on the chart there may be some selling in the coming days.

Share Market News 09-May-2019

Sensex falls for 7th day to hit a 2-month low, RIL down 3%

Indian Share markets fell for the seventh straight day, dragged by Reliance industries which have been under selling pressure from the last couple of trading session. In the opening bell, the Sensex was down 150.24 points at 37638.89, While Nifty was trading at 11319.80 . On sectoral level, except metal, all other sectors were trading lower. The US-China trade escalation remains in investor radar as Trump stated that China had broken the trade deal with Washington and would face stiff tariffs if no agreement is reached.

In the afternoon session, The Indian share market had recovered from a day low with Nifty trading at 11,337 and Sensex at 37,713.31. The ICICI bank had helped to do so. Reliance, HDFC Twins had continued to trade in selling pressure. Among sector Media, PSU Bank, Reality & IT was trading in the green, On the flip side, Energy, Metal & Pharma were among the top losers. In the broader market, the Mid & Small- Cap were trading strong as compared to the benchmark and showing positive gains.

Indian benchmark indices from last three consecutive days were dragged lower by reliance industries, the sentiment has been dented by the escalation of the US-China trade deal with nifty closing at 11301.80 and Sensex down by 230.22 at 37558.91. On the sectoral front, Media, IT & Reality were the top gainer, On the other hand, Energy, Metal & Infra were among the top losers. In the broader market, Mid-cap declined by 0.09 percent and Small-cap closed lower by 0.47 percent. In today's trade, The benchmark indices have witnessed a strong buying interest from lower levels indicating some pullback in the coming days, however, the major trend remains in the downside. the macro data (IIP) is scheduled tomorrow which would be on the investor’s radar.

Top Gainers

ZEEL by 8.40% to Rs 359.45. ,YESBANK by 6.47% to Rs 171.15,BAJAJFINSV by 2.02% to Rs 7,494.20, BAJFINANCE by 1.63% to Rs 2,969.00, HEROMOTOCO by 1.61% to Rs 2,540.00.

Top Losers

RELIANCE By -3.56% to Rs 1,253.15 ,BPCL by -3.19% to Rs 367.70, COALINDIA by -2.65% to Rs 242.50, ASIANPAINT by -2.58 % to Rs 1,350.00., KOTAKBANK by -2.29% to Rs. 1,370.05.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session After the Group was quoted as saying: “The stake sale process of Zee Entertainment Enterprises Ltd undertaken by Essel Group, is in steady progress and at an advanced stage."

RELIANCE is the top loser in today's market, after brokerage firm Morgan Stanley downgraded the company to equal-weight, maintaining the target at Rs 1,349 per share.

Key Market News

  • Foreign portfolio investors can invest in municipal bonds.
  • The Reserve Bank has warned on the rising risks to fiscal consolidation of the states as the finances are saddled with farm loan waivers, income support schemes and the Uday bonds for their power distribution companies.
  • Foreign portfolio investors (FPIs) sold Rs 701.50 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 232.95 crore.

Stocks To Watch

VIPIND is on the upside while ASIANPAINT is on the downside.

VIPIND is currently quoting at Rs.432.00 up by Rs 11.20 or 2.66% from its previous closing of Rs.420.80 on the NSE. The NSE stock has touched a 52 week high of Rs.647.00 on 28-AUG-2018 & a 52 week low of Rs.365.10 on 21-MAY-2018. The Stock after the recent correction has witnessed good buying from a lower level in today’s trade.

ASIANPAINT is currently quoting at Rs.1,350.00 down by Rs.-35.70 or -2.58% from its previous closing of Rs.1,385.70 on the NSE. The NSE stock has touched a 52 week high of Rs 1,529.85 on 03-APR-2019 & a 52 week low of Rs 1,118.00 on 23-OCT-2018. The stock after posting its Q4 results slide in the negative territory and likely to remain in a downtrend in the coming days.

Share Market News 08-May-2019

Heavy selling drags Sensex 487 pts, Nifty ends around 11,350; ZEEL tumbles 10%

Indian share markets fell in opening bell, as the fears of an escalation in the trade war between the US and China continued to reverberate through global markets. Sensex opened at 38037.41, While Nifty was trading at 11432.70. The broad-based selling was visible in metal, FMCG, auto, bank, energy, pharma, and IT sectors.

In the afternoon session, the Indian share market was trading at day's low, The Heavyweight Reliance which was down by 2.22 percent dragged the Nifty towards 11,400 level, The Sensex declined by 248 points trading at 38028.25. There was a complete blood bath as all the sector were trading in red with most pain seen in Media, reality, and Pharma. In the broader market, The Mid & Small -Cap were down more than 0.80 percent.

Indian share market closed on the day's low, The heavyweight Reliance which was down 3.41 percent at the closing dragged the Indices lower with Nifty closing at 11359.45 and Sensex declined by 487 points finished at 37789.13 Mark. Besides that foreign institutional investors also turned the net sellers over the past few trading sessions in Indian markets indicating the negative outlook moving ahead. On the sectoral front, All sector had closed in red with Media, Reality & Bank Nifty were the top loser. The biggest causality for the day was the ZEEL which was down more than 10 percent. In the broader market, The Mid-cap was down by 0.98 percent and small-cap was closed lower by 1.20 percent.

Top Gainers

HINDALCO by 1.15% to Rs 202.75. ,UPL by 1.14% to Rs 962.00,TITAN by 0.95% to Rs 1,096.80, ASIANPAINT by 0.52% to Rs 1,395.00, CIPLA by 0.37% to Rs 560.00.

Top Losers

ZEEL By -10.05 % to Rs 332.05 ,BAJFIANANCE by -3.55% to Rs 2,910.00, RELIANCE by -3.41% to Rs 1,297.75, TATAMOTORS by -3.12 % to Rs 185.00., BAJAJFINSV by -2.87% to Rs. 7,345.00.

Analysis Of Top Gainer And Loser

HINDALCO is the top gainer in today's market session, the company has tied up with two international manufacturers of beverage cans — US-based Ball Beverage Packaging AMEA and CAN-PACK India, arm of Poland-headquartered CAN-PACK.

ZEEL is the top loser in today's market, The company has been facing the selling pressure over the concern of the stake sale and the audit of the Q4FY19 financial statements.

Key Market News

  • April trade surplus at USD 13.84 billion, April imports up 4%, while exports down 2.7%, reported CNBC-TV18.
  • RBI is likely to conduct at least one more swap of rupees for dollars after the general election.
  • Foreign portfolio investors (FPIs) sold Rs 645.08 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 818.84 crore.
  • 57% down in India's oil imports from Iran in April.

Stocks To Watch

HDFCLIFE is on the upside while GLENMARK is on the downside.

HDFCLIFE is currently quoting at Rs.410.50 up by Rs 1.25 or 0.31% from its previous closing of Rs.409.25 on the NSE. The NSE stock has touched a 52 week high of Rs.548.25 on 14-MAY-2018 & a 52 week low of Rs.344.40 on 28-JAN-2018. The stock has shown strength in these weak market after making an upward breakout from a long consolidation and sustaining above that level the stock is likely to move in the upward direction.

GLENMARK is currently quoting at Rs.597.20 down by Rs.-37.65 or -5.93% from its previous closing of Rs.634.85 on the NSE. The NSE stock has touched a 52 week high of Rs 711.90 on 10-SEP-2018 & a 52 week low of Rs 493.50 on 21-May-2018. The stock witnessed a sharp decline in the share price and likely to remain in downtrend going ahead.

Share Market News 07-May-2019

Sensex,Nifty Drop to One-Month Low; Marico surges 8%

Indian market rose in early trade as the fears about trade war escalation between China and the US calmed somewhat after the statement from China's foreign ministry about the visit to the United States for trade talks. In the opening bell, the Sensex was up by 166.55 points at 38,766.89, while Nifty was trading at 11642.30. Among the sectors, except energy, all other indices were trading higher. The US stated that it can't ensure the sale of its crude oil to India on the concessional rate to make up for the cheaper Iranian oil going out the market, turned the negative sentiment for the OMC’s.

In the Afternoon session, the Indian share market erased all its morning gains and was trading on the day's low. Reliance, IciciBank was down more than 1 percent. The Indian benchmark indices, Sensex was up by 21.46 points at 38621.80. Whereas Nifty was trading at 11596.60. Among sector, FMCG &Metal was the top gainer followed by a nominal gain in Pharma & Auto, On the other side Media & Energy were the top losers. In the broader Market, The Mid & Small-cap were trading in green with the gain of 0.20 percent each.

Indian share market had a Gap up opening in today’s trade, however, the closing results were the same Nifty was down by 110.35 points at 11497.90, Sensex closed at 38276.63. The D-street in the last session has witnessed a sharp decline led by the Reliance and the Banking stock namely ICICIbank which were down more than 3 percent. With-the-sharp-fall, the indices have breach the important support levels and likely to continue the downtrend in the coming days. The X-factor for the breach of the elongated Rangebound market were the US-china trade escalation which spooked the investor's sentiment. In today's trading session, Media sector was in focus as Zeel, DishTv has been in selling pressure and witness a sharp decline in share price, While the outperformer was the Marico who had posted a strong result as compared to the peers. On the sectoral front, Except IT all other sectors were closed in the color of blood. In the broader market, The same pattern was followed by the Mid & Small- Cap which was down by 1.16 and 0.98 percent.

Top Gainers

HIDNUNILVR by 1.71% to Rs 1,679.50. ,INFRATEL by 1.38% to Rs 268.00 ,LT by 1.17% to Rs 1,368.50, HINDALCO by 1.06% to Rs 201.00, WIPRO by 0.91% to Rs 293.50.

Top Losers

TATAMOTORS By -4.90 % to Rs 190.00 , ZEEL by -4.33% to Rs 370.95, ICCIBANK by -3.76% to Rs 386.20, RELIANCE by -3.17 % to Rs 1,341.00., JSWSTEEL by -2.98% to Rs. 287.85.

Analysis Of Top Gainer And Loser

HIDNUNILVR is the top gainer in today's market session, After the continuous fall in the last 3 trading session the stock witness good buying from lower levels in today’s trade.

TATAMOTORS is the top loser in today's market after the news came that the company phase out small diesel cars from its portfolio as demand is expected to slow down due to upcoming BS-VI emission norms that shall make such vehicles expensive.

Key Market News

  • Not going to allow trade deficit with China any more: Trump
  • Foreign portfolio investors (FPIs) sold Rs 948.98 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 89.89 crore.

Stocks To Watch

INFY is on the upside while M&MFINis on the downside.

INFY is currently quoting at Rs.724.40 up by Rs 6.00 or 0.84% from its previous closing of Rs.718.40 on the NSE. The NSE stock has touched a 52 week high of Rs.773.00 on 09-APR-2019 & a 52 week low of Rs.580.53 on 08-MAY-2019. The stock has shown strength, On the daily chart pattern, the stock is likely to give upmove.

M&MFIN is currently quoting at Rs.382.95 down by Rs.-12.60 or -3.19% from its previous closing of Rs.395.55 on the NSE. The NSE stock has touched a 52 week high of Rs 526.85 on 27-JUL-2018 & a 52 week low of Rs 342.65 on 05-Oct-2018. On the daily chart, the stock has made marubozu candlestick which is negative for the stock.

Share Market News 06-May-2019

Global Cues, Rising VIX drags Markets By A Percent

Tracking the selloff in the global market after President Trump threatened to hike tariff on Chinese import, The Indian share market reacted with a broad-based decline. The Sensex was down 380.44 points at 38582.82, While Nifty dropped nearly 1 percent to open at 11600.40. All the sectoral indices were trading in red led by metal, IT, infra, bank, auto, pharma, and FMCG. The optimism was only visible in the OMC’s as the Brent crude fell 2.6% to $69 per barrel.

In the afternoon session, The Nifty was hovering around 11,600 Mark. The BankNifty which was the biggest loser continues to remain under pressure. Auto Metals & FMCG was the other losers down by more than a percent. Overall market sentiment during the session was negative which was also observed at India VIX which surged to 25.75 certainly. IT was the only sector to trade in the green, with TCS gaining by around 1.5 percent.

After the Gap down opening the index throughout the session witnessed the selling pressure. The consumer durable was the most active space in today's trade. slowdown and the decline in the volume Growth was the key concern for which space remained too much active. The Indian share market closed with a drop of more than a percent. On the sectoral front, Except IT all other sectors were in red. The pain was visible in metal, reality & banks. On the closing bell, The Sensex closed at 38600.34, while Nifty dropped by 114 points closing at 11598.30. In the broader market, the Midcap was down by 0.74 percent and the Small-cap declined by 0.94 percent. However, continuing its uptrend the India VIX closed at 26.49 up by 9.99 percent.

Top Gainers

BPCL by 2.42% to Rs 389.95. ,TCS by 1.09% to Rs 2,155.20 ,BAJAJFINSV by 0.79% to Rs 7,684.80, ITC by 0.64% to Rs 306.20, BHARTIARTL by 0.54% to Rs 333.25.

Top Losers

ZEEL By -6.42 % to Rs 385.00 , TITAN by -5.47% to Rs 1,082.40, YESBANK by -5.06% to Rs 167.00, TATAMOTORS by -4.46 % to Rs 200.10., JSWSTEEL by -4.05% to Rs. 296.35.

Analysis Of Top Gainer And Loser

BPCL is the top gainer in today's market session, The OMC’s were trading in positive gains as the crude has cooled off and was trading below 69$ Per barrel in trading hours.

ZEEL is the top loser in today's market, In today’s broad-based sell-off ZEEL had witnessed the maximum selling, The stock was trading weak from many sessions.

Key Market News

  • President Donald Trump dramatically increased pressure on China to reach a trade deal, saying he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon
  • The National Highway Authority of India (NHAI) is looking to rope in equity partners for funding highway projects in a bid to raise more funds and get around the problem of muted private investment.
  • India April Nikkei services PMI at 51.10 Vs 52.0 in March.
  • Foreign portfolio investors (FPIs) sold Rs 401 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 57.07 crore.

Stocks To Watch

TATACHEM is on the upside while TITAN is on the downside.

TATACHEM is currently quoting at Rs.602.00 up by Rs 45.50 or 8.18% from its previous closing of Rs.556.50 on the NSE. The NSE stock has touched a 52 week high of Rs.787.50 on 04-MAY-2018 & a 52 week low of Rs.550.10 on 15-FEB-2019. The company has posted the result above the street estimate. In today’s trade, the stock was trading with heavy volume and seen good price action and may sustain going ahead.

TITAN is currently quoting at Rs.1,082.40 down by Rs.-62.65 or -5.47% from its previous closing of Rs.1,145.05 on the NSE. The NSE stock has touched a 52 week high of Rs 1,165.00 on 25-Apr-2019 & a 52 week low of Rs 732.30 on 09-Oct-2018. On the technical front, the stock has shown the weakness after making an all-time high may certainly witness more selling in coming days.

Share Market News 02-May-2019

An indecisive day for Nifty & Sensex; VIX spikes 5%.

On the weekly expiry day, the Indian share market opened flat with a negative Bias. Sensex was down by 61.16 points at 38,970.39 and Nifty at 11,725.70. On the sectoral front, except Infra and FMCG, all other sectoral indices were trading in the red. In the opening bell, auto sector stocks were on investors radar. Monthly auto sales number and expected movement owing to those numbers was the keen reason behind this.

In the afternoon session, the Indian share market was trading higher. The Sensex was trading at 39132.91 up 101.36 points and Nifty at 11766.50. The HDFC Twins and Reliance were the stocks who kept the indices at the higher levels. In the broader market, mid-cap was up by 0.07 percent and Small-cap was trading higher by 0.59 percent. Banking, Reality & Infra were the performers of the noon whereas IT and Pharma took the major beating during the session.

It was another day for Indian share market to close on flat to negative note. On the expiry day, NiftyBank followed benchmark indices and closed with no gains. Heavyweight HDFC Twins & Reliance has backed nifty to hold 11700 mark. On the closing basis, Sensex was down by 50.13 points at 38981.43 and Nifty at 11724.75. Once again Indian VIX surged to 23-Mark with a 5.27 percent of the movement today. On the sectoral front, Reality and Infra were in the green.

In today's trade, market participants were much focused on news driven stocks.Bandhan bank and Escort are the best examples for this, weak monthly sales figures led Escort down nearly by 8 percent. However, on the contrary, strong earnings from Bandhan bank pushed the stock up by 5 percent. The aggressive stance of the investors is likely to continue in the near term. On the micro level Earnings and corporate news will be the key areas to watch for the investors.

Top Gainers

INFRATEL by 3.60% to Rs 272.00. ,YESBANK by 3.57% to Rs 174.00 ,POWERGRID by 2.04% to Rs 190.20, HEROMOTOCO by 1.72% to Rs 2,555.00, HDFCBANK by 1.66% to Rs 2,356.00.

Top Losers

BRITANIA By -4.01 % to Rs 2,780.00 , ZEEL by -3.57% to Rs 417.15 ,TATAMOTORS by -3.45% to Rs 206.90, INDUSINDBK by -3.17% to Rs 1,555.50.,ICICIBANK by -3.13% to Rs. 394.75.

Analysis Of Top Gainer And Loser

INFRATEL is the top gainer in today's market session, Bharti Airtel and the Vodafone Group are in discussions with a consortium led by private equity firm KKR to sell over half their stakes in the to-be-merged entity of telecom tower firms Bharti Infratel and Indus Towers.

BRITANIA is the top loser in today's market, After reporting the Q4FY2019 result, Net profit rose 11.8 percent YoY to Rs 294 crore, Revenue up 10.3 percent to Rs 2,764 crore. Ebitda up 10 percent to Rs 436 crore. Margin flat at 15.6 percent. Recommended dividend of Rs 15 per share.

Key Market News

  • India's cotton imports are likely to rise by 80 percent this crop year (October 2018 to September 2019), due to short supply of quality material for textile mills
  • Goods and services tax (GST) collection touched a record high in April, exceeding Rs 1 trillion for the third time in four months. The mop-up was 10 percent higher over the previous year.
  • The Nikkei India Manufacturing Purchasing Managers’ Index fell to 51.8 in April from 52.6 in March.
  • India's March infrastructure output grows 4.7 percent vs 4.3 percent from the previous year.li>
  • Foreign portfolio investors (FPIs) bought Rs 730.02 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 115 crore.

Stocks To Watch

HDFCLIFE is on the upside while DABUR is on the downside.

HDFCLIFE is currently quoting at Rs.417.10 up by Rs 12.55 or 3.10% from its previous closing of Rs.404.55 on the NSE. The NSE stock has touched a 52 week high of Rs.548.25 on 14-MAY-2018 & a 52 week low of Rs.344.40 on 28-JAN-2019. The stock after trading in a channel from last 8 month has broken the upper level and likely to remain bullish in the coming days.

DABUR is currently quoting at Rs.382.80 down by Rs.-15.30 or -3.84% from its previous closing of Rs.398.10 on the NSE. The NSE stock has touched a 52 week high of Rs 490.65 on 27-AUG-2018 & a 52 week low of Rs 362.60 on 05-NOV-2018. The company reported a fall of 6.46 percent in consolidated net profit to Rs 371.49 crore for the fourth quarter ended March 2019. The stock is likely to remain in selling pressure in nearby further.

Share Market News 30-April-2019

IT Leads Recovery In The Market, Nifty, Sensex Ends On flat Note

Negative manufacturing data of China hampered global market sentiments which in turn reflected on the Indian share markets. After an election leave markets started on a negative note where Sensex was down by 60.31 points while the Nifty declined by 27.20 points and started at 11727.50. On the sectoral front, The banking stocks had witnessed the selling pressure. Yes bank was among the most beaten stocks in the opening session today, with a major beating of 25% in a single session. However, on the contrary, FMCG was trading in the green zone and looked promising.

In the afternoon session, blood bath was seen on the D-street, where every stock with some or other negative sentiments got punished badly. The overall market was seen under pressure where nifty slipped below 11700 mark and Sensex traded down by 208 points. IBULHSGFIN, YESBANK, INDUSINDBK, JETAIRWAYS, DHFL were the most sold stocks and were down by 5 percent or more. On the broader level, Mid and small-cap indices were also seen under pressure and were down by one percent or more. IT sector was the only exceptional case today as it has managed to survive even in the blood bath and was seen trading in the green.

Though overall weakness was seen in the market throughout the day, the IT sector emerged as a brave warrior which helped Nifty to recover post afternoon session. Owing to solid buying in the IT space Nifty managed to sustain above 11700 mark. Closing today’s trade Nifty marked 11748.15 level, whereas the Sensex was at 39031.55. Considering the election concerns, market participants were seen shifting their investment preference to IT sector. IT stocks offer the rupee movement benefits which makes them darling to the investors when it comes to the uncertainty in the domestic macros. Other than IT, metal and Media sector were among the top performers today. On the broader level, Mid & Small-cap indices closed in negative zones. Further, auto sales numbers for April and the outcome of FOMC meet (May 1, 2019) will remain on the radar for the fellow investors.

Top Gainers

JSWSTEEL by 5.41% to Rs 309.90. ,ZEEL by 4.06% to Rs 434.65 ,IOC by 3.70% to Rs 158.50, HCLTECH by 3.53% to Rs 1,180.00, TATASTEEL by 2.60% to Rs 559.45.

Top Losers

YESBANK By -29.70 % to Rs 166.75 , IBULHSGFIN by -6.40% to Rs 691.20 ,INDUSINDBK by -5.80% to Rs 1,600.30, HEROMOTOCO by -3.80% to Rs 2,505.05.,INFRATEL by -3.79% to Rs. 262.55.

Analysis Of Top Gainer And Loser

JSWSTEEL is the top gainer in today's market session, After the strong performance posting in Q4 by Tata steel, The market participants are expecting the same with the JSW steel thereafter a strong buying was seen in today's trade, Stock was up nearly 6 percent.

YESBANK is the top loser in today's market After many brokerage firms downgraded the stock and cut target price after the lender reported surprise quarterly loss and guided to lower growth in the ongoing financial year.

Key Market News

  • The Finance Ministry has approved 8.65 percent rate of interest on Employees' Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO
  • The government has hiked the customs duty on wheat to 40 percent from 30 percent to curb imports and protect the domestic industry.
  • China Manufacturing Purchasing Managers Index (PMI) recorded at 50.1.
  • China Caixin Manufacturing Purchasing Managers Index (PMI) recorded at 50.2.
  • Foreign portfolio investors (FPIs) sold Rs 70.73 crore worth of domestic stocks on Friday,DIIs were net buyers to the tune of Rs 921 crore.

Stocks To Watch

GREAVESCOT is on the upside while AMBUJACEM is on the downside.

GREAVESCOT is currently quoting at Rs.149.00 up by Rs 8.70 or 6.20% from its previous closing of Rs.140.30 on the NSE. The NSE stock has touched a 52 week high of Rs.165.00 on 04-SEP-2018 & a 52 week low of Rs.111.05 on 24-OCT-2018. The company is likely to post strong Q4 result which is scheduled on 2nd May, In today's trade, The stock moved with strong volume highest in last 30 trading session and has shown a strong price action

AMBUJACEM is currently quoting at Rs.220.25 down by Rs.-5.75 or -2.54% from its previous closing of Rs.226.00 on the NSE. The NSE stock has touched a 52 week high of Rs 252.75 on 30-APR-2018 & a 52 week low of Rs 188.35 on 31-OCT-2018. The company is likely to post a weaker set of number as compare to peers, As the company doesn't have its presence in the south which has witnessed higher price hike of cement and overall the chart seems week.

Share Market News 25-April-2019

In the Chppy Trade, Nifty ends below 11,700; crude tops $75

Following the mixed Asian cues and weak US markets, Indian share market started off on a flat note. Ultratech cement carried its momentum ahead and opened on the higher levels as expected. Along with that, Grasim, Power Grid, HDFC Bank and HCL Technologies were also seen in the green zone.
In the morning session, Sensex gained by 25.62 points to reach 39,080.30 whereas Nifty50 rose marginally by 0.70 points to 11,726.90. On the sectoral front, Media & Reality were the top performers however Auto stocks continued their drag down for succeeding sessions.

In the afternoon session, the market resumed yesterday's patterns and traded at day's high. The rally was highly supported by cement sector which remained the outperformer throughout the session. UTCL was among the highest gainers from cement pack. Moreover, Banknifty has also cherished market by trading above the 30,000 mark. During the session, Sensex was trading at 39213.29 up by 0.41 percent and Nifty was at 11785 Mark. On Sectoral front, Energy, Reality & Pharma seemed to be strong, However, Metal, & Auto were weak. On the broader market level, Nifty Mid & Small Cap traded higher by 0.45 & 0.76 percent.

In the second half, markets witnessed a major setback led by a surge in crude prices coupled with poor quarterly numbers from Maruti. While the market was trading around 11800 Mark, hampered investor sentiments dragged it back to 11641.80. During the last session, Sensex fell around 323.82 points and nifty by 84.40 points. The downtrend was highly aided by a sharp decline in BankNifty and Metal indices. Despite all the ups and downs, the reality was the only sector which has managed to close in the green zone. On the broader market level, Midcap was down by 0.39 percent while Small-cap closed in positive to flat note with a 0.02 percent gain.

Top Gainers

ULTRACEMCO by 5.47% to Rs 4,635.00. ,GRASIM by 4.82% to Rs 923.00 ,DRREDDY by 2.70% to Rs 2,936.70, BHARTIARTL by 2.53% to Rs 332.70, BPCL by 2.52% to Rs 357.80.

Top Losers

INFRATEL By -9.62 % to Rs 272.50 , TATASTEEL by -2.71% to Rs 511.00 ,VEDL by -2.55% to Rs 170.35, MARUTI by -1.95% to Rs 6,880.00.,HINDALCO by -1.94% to Rs. 196.80.

Analysis Of Top Gainer And Loser

ULTRACEMCO is the top gainer in today's market session. Ultratech cement has posted its Q4 results. The company posted an impressive PAT of Rs.1017 crores beating street estimates. UTCL’s strong quarterly result was the key driver for the consecutive rally of the last two days.

INFRATEL is the top loser in today's market, a flat result coupled with downgradation from CLSA dragged the stock.

Key Market News

  • RBI has notified banks & financial institution to disclose their total exposure & provisions to beleaguered ILFS in their notes to account. We believe this move should provide clarity on the exposure and provisions related to the IL&FS group.
  • The RBI had exited from the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard), by selling its entire stakes to the government, making them fully government-owned.
  • Foreign portfolio investors (FPIs) bought Rs 974.88 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 657.06 crore.

Stocks To Watch

AUROPHARMA is on the upside while STERLITE TECH is on the downside.

AUROPHARMA is currently quoting at Rs.800.00 up by Rs 14.70 or 1.87% from its previous closing of Rs.785.30 on the NSE. The NSE stock has touched a 52 week high of Rs.830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018. The stock was trading in the range-bound zone since last 30 days however, sudden heavy volumes helped it to breach the upward range owing to which in the near term stock is expected to be on the upside.

STERLITE TECH is currently quoting at Rs.191.45 down by Rs.-1.70 or -0.88% from its previous closing of Rs.193.15 on the NSE. The NSE stock has touched a 52 week high of Rs 399.90 on 01-NOV-2018 & a 52 week low of Rs 188.70 on 09-APR-2019. The stock seems to be weak on the technicals, any pullback can offer a good opportunity to short the stock.

Share Market News 24-April-2019

Last Hour Rally rally lifts Nifty above 11,700,VIX eases 5%

Tracking the positive global clues and halt in a crude price Indian share market opened on a higher note. Sensex grew by 131.49 points while Nifty was up by 36.20 points. The Nifty Media was the top gainer in the opening session with the gain of 0.72 percent, While, FMCG was the only sector remained in the red.

In the afternoon session, Indian markets erased some its gain reaped in the morning session. Nifty traded below 11,600 Mark whereas Sensex followed the same pattern and was up by 0.12% trading at 38,611.85. On sectoral front Media continued to trade higher. Moreover, buying support was seen in the Energy & Reality sectors too. On the other hand, Auto, Metal & FMCG sectors were seen trading under pressure. Among these sectors, Maruti, Vedanta & ITC have taken a major beating and were down by more than a percent.

Closing Bell for Indian Benchmark indices was on the positive side. The last hour buying helped the market to close on a strong note, The cement pack was the one who was in focus in the second half of the day. The key reason behind this was Ultra tech cement's strong results. The robust quarterly numbers have pushed UTCL among the top gainers of the day. At the same time, bank nifty has also witnessed a bounce back from its support levels and pushed itself ahead of 29850 mark. Going ahead, Brent crude prices halted the rally today, which indeed turned into a relief rally for OMC sector. While bidding adieu to the market, Sensex was up 489.80 points at 39054.68, while Nifty was up 150.20 points at 11726.20. Nifty PSU Bank Index remained the top performing sector with a gain of 1.54%. In The broader market, the Mid-Cap was Up by 0.37%, while, Small-Cap was trading higher by 0.79%. Maruti and Axis Bank will be publishing their respective quarterly numbers tomorrow which would be an event to watch for the market watchdogs.

Top Gainers

ULTRACEMCO by 5.57% to Rs 4,432.00. ,BPCL by 3.75% to Rs 348.95 ,HCLTECH by 3.54% to Rs 1,141.05, INDUSINDBK by 3.19% to Rs 1,704.00, ONGC by 2.81% to Rs 168.35.

Top Losers

TATAMOTORS By -3.19 % to Rs 224.25, HEROMOTOCO by -0.84% to Rs 2,615.90 ,MARUTI by -0.77% to Rs 6,994.35, COALINDIA by -0.59% to Rs 254.00.,CIPLA by -0.53% to Rs. 558.70.

Analysis Of Top Gainer And Loser

ULTRACEMCO is the top gainer in today's market session, The company posted a strong Q4FY2019 result profit more than doubles to Rs 1,017 crore, beats Street estimates.

TATAMOTORS is the top loser in today's market, After the sharp upward rally and outperforming the Auto sector in the current month, TataMotors has witnessed the selling pressure in today's market trade the stock was down by nearly 3 percent

Key Market News

  • Sebi reduces the minimum subscription requirement for REITs, InvITs.
  • Foreign portfolio investors (FPIs) sold Rs 237.47 crore worth of domestic stocks on Tuesday,DIIs were net buyers to the tune of Rs 198.35 crore.
  • Gold falls to a four-month low on the firm dollar.

Stocks To Watch

M&MFIN is on the upside while GRAPHITE is on the downside.

M&MFIN is currently quoting at Rs.435.50 up by Rs 11.40 or 2.69% from its previous closing of Rs.424.10 on the NSE. The scrip opened at Rs.425.85 & has touched a high & low of Rs.436.00 and Rs. 425.60 respectively. So far 33,12,999(NSE) shares were traded on the counter. The current market cap of the company is Rs 26,761.58Cr. The NSE/BSE group stock has touched a 52 week high of Rs.534.00 on 30-APR-2018 & a 52 week low of Rs.342.65 on 05-OCT-2018.

GRAPHITE is currently quoting at Rs.405.50 down by Rs.-12.00 or -2.87% from its previous closing of Rs.417.50 on the NSE. The scrip opened at Rs.419.00 & has touched a high & low of Rs.423.40 and Rs.404.15 respectively. So far 15,32,815(NSE) shares were traded on the counter. The current market cap of the company is Rs 7,984.02 Cr. The BSE/NSE group stock has touched a 52 week high of Rs 1,127.00 on 10-AUG-2018 & a 52 week low of Rs 395.10 on 12-FEB-2019.

Share Market News 23-April-2019

Sensex falls for third day in a row; Nifty below 11,600

Indian indices opened higher on Tuesday with Nifty above 11,600 marks. Oil prices extended gains after the US announced that all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. the Sensex was up 38.43 points at 38683.61, while Nifty up 20 points or 0.17% at 11614.50. Among sector compiled by NSE advanced, led by the Nifty Realty Index’s 0.55 percent gain. While, the Nifty Auto Index was the top sectoral loser, down 0.21 percent. The Indian rupee opened higher against the U.S. dollar. The home currency gained as much as 0.01 percent to 69.66 against the greenback.

In the afternoon session, The Indian share market indices were trading Flat after a gap up opening, Nifty was hovering around 11,600 levels. The Sensex was up by 71.94 points or 0.19% at 38,717.12 and the Nifty was up by 16.60 points or 0.14% at 11,611.05. On the sectoral front, Media, Metal & Reality were trading in the green, While, Infra, IT were seen trading in the red. In a Broader Market, NSE mid-cap was up by 0.23% and smallcap indices were trading lower by 0.32%, respectively.

Closing Bell for Indian Benchmark indices, Indian indices fell for the third trading session in a row as Nifty failed to hold 11,600 level. Banking stocks led the decline, with Nifty Bank index falling 0.70%. Among banking stocks, HDFC Bank fell 1% while SBI declined 1.4%. Other top losers included Yes Bank and IndusInd Bank, both falling over 2% each. The Sensex was down 80.30 points at 38564.88, while Nifty was down 18.50 points at 11576. Among sectors, energy, FMCG and pharma witnessed some buying, while auto, bank, metal, and infra ended in the red. The broader market the Small-Cap was down by 0.64%, while, Mid-Cap was trading higher by 0.10 percent. The recent surge in crude oil prices has spooked our markets. The prevailing earnings season and upcoming derivatives expiry would further fuel the volatility.

Top Gainers

ONGC by 4.50% to Rs 165.00. ,ZEEL by 3.20% to Rs 409.25 ,SUNPHARMA by 2.97% to Rs 468.00, BAJFINANCE by 1.53% to Rs 3,037.10, RELIANCE by 1.43% to Rs 1,364.65.

Top Losers

MARUTI By -3.55% to Rs 7,061.00, YESBANK by -3.08% to Rs 231.00 ,TATASTEEL by -2.11% to Rs 522.95, INDUSINDBK by -1.96% to Rs 1,657.90.,HEROMOTOCO by -1.84% to Rs. 2,640.00.

Analysis Of Top Gainer And Loser

ONGC is the top gainer in today's market session, being beneficiaries of elevated crude prices, and can act as good hedge against any spike in crude. ONGC stock is pessimistically discounting net crude realization around $45 per barrel

MARUTI is the top loser in today's market, on the expectation of negative Q4FY2019 result the company had witnessed the selling pressure in today’s trade, Company will post the result on 25th April.

Key Market News

  • Oil prices were at ~$74 per barrel (2019 peaks) after the US abruptly moved to end all Iran sanctions waivers by May, pressurizing importers to stop buying from Tehran Higher oil prices will negatively impact the marketing margins of OMCs, which have remained high in the last quarter.
  • India misses target of becoming an electricity-surplus nation; peak power deficit at 0.8% in FY19.
  • Foreign portfolio investors (FPIs) bought Rs 73.08 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 68 crore, data suggested..

Stocks To Watch

ITC is on the upside while TATASTEEL is on the downside.

ITC is currently quoting at Rs.303.00 up by Rs 1.20 or 0.40% from its previous closing of Rs.301.80 on the NSE. The scrip opened at Rs.302.15 & has touched a high & low of Rs.304.80and Rs. 301.55 respectively. So far 74,96,038(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,71,865.59Cr. The NSE/BSE group stock has touched a 52 week high of Rs.322.95 on 03-SEP-2018 & a 52 week low of Rs.259.00 on 28-JUN-2018.

TATASTEEL is currently quoting at Rs.522.95 down by Rs.-11.25 or -2.11% from its previous closing of Rs.534.20 on the NSE. The scrip opened at Rs.534.95 & has touched a high & low of Rs.538.50 and Rs.521.50 respectively. So far 51,19,376(NSE) shares were traded on the counter. The current market cap of the company is Rs 66,022.18 Cr. The BSE/NSE group stock has touched a 52 week high of Rs 647.60 on 21-SEP-2019 & a 52 week low of Rs 441.35 on 29-JUN-2019.

Share Market News 22-April-2019

Nifty ends below 11,600,Sensex tumbling 495 pts; RIL leads decline

Indian share market started the week on a negative note with Nifty slipped below 11,700 level, The market heavyweight Reliance Industries (RIL) leading the decline. The Sensex was down 200.46 points or 0.51% at 38939.82, and the Nifty down 74.30 points or 0.63% at 11678.50. Among sector compiled by NSE fell, led by the Nifty Realty Index’s 1.57 percent decline.While, the Nifty IT Index was the only sectoral gainer, up 0.52 percent. The Indian rupee opened lower against the U.S. dollar. The home currency weakened as much as 0.58 percent to 69.76 against the greenback. Oil prices rallied around 3 percent to their highest since late 2018 as the United States was set to announce that all imports of Iranian oil must end or be subject to sanctions.

In the afternoon session, The Indian share market indices were trading in day’s low, Nifty was hovering around 11,650 levels. The India VIX was continuously in an uptrend and was trading at 24.19 Mark. The Sensex was down by 246.47 points or 0.63% at 38,893.81 and the Nifty was down by 87.15 points or 0.74% at 11,665.65. On the sectoral front, The IT Major Infy & TCS were the only stock trading in the green, While Reality, auto & Energy was the sector which was witnessing the most selling pressure. In a Broader Market, NSE mid-cap was down by 1.02% and smallcap indices were trading lower by 0.87%, respectively.

Closing Bell for Indian Benchmark indices, Indian indices ended at day's low as selling pressure dragged Nifty below 11,600.The damage was seen in the overall sector with reality sector hurt the worst, On the other side , Nifty IT was the only sector to perform on the back of the weakness in rupee. the Sensex was down 495.10 points at 38,645.18, while Nifty was down 158.30 points at 11,594.50. The broader market continued to underperform the Benchmark indices the Mid & Small Cap was down by 1.75 & 1.76 percent. Indian markets had a rough day on the back of a sharp rise in crude oil price above $74 per barrel. As a significant importer of crude oil, the high oil price is not good for Indian macros. Further, after a breathtaking rally of the past two months, a correction was due in the Indian markets; and crude oil has triggered it. Further, ongoing results season has provided mixed performance till date. For the markets to sustain at elevated levels, it’s very important for Indian corporate earnings to remain robust

Top Gainers

BHARTIARTL by 1.46% to Rs 352.00. ,WIPRO by 1.21% to Rs 288.25 ,TECHM by 0.71% to Rs 806.00, INFY by 0.59% to Rs 721.30, NTPC by 0.48% to Rs 136.00.

Top Losers

IBULHSGFIN By -9.07% to Rs 727.95, YESBANK by -6.92% to Rs 238.10 ,BPCL by -6.32% to Rs 339.95, INDUSINDBK by -4.28% to Rs 1,688.70.,IOC by -3.97% to Rs. 149.90.

Analysis Of Top Gainer And Loser

BHARTIARTL is the top gainer in today's market session, The stock has been accumulated by many HNI client as well as many brokerage houses have recommended the stock for BTST trade.

IBULHSGFIN is the top loser in today's market After the company confirmed regarding the merger with the Lakshmi Vilas bank the company was in immense selling pressure, In today market the Stock dropped nearly 9.07%

Key Market News

  • India’s steel demand is likely to grow above 7% in 2019, 2020: World Steel Association
  • Gold imports drop 3% to $32.8 bn in 2018-19.
  • Foreign portfolio investors (FPIs) bought Rs 1,038.46 crore worth of domestic stocks on Thursday, DIIs were net sellers to the tune of Rs 337.59 crore.
  • Oil prices rallied around 3 percent to their highest since late 2018 as the United States was set to announce that all imports of Iranian oil must end or be subject to sanctions.

Stocks To Watch

NAVNETEDUL is on the upside while HINDPETRO is on the downside.

NAVNETEDUL is currently quoting at Rs.114.25 up by Rs 0.65 or 0.57% from its previous closing of Rs.113.60 on the NSE. The scrip opened at Rs.113.00 & has touched a high & low of Rs.114.25 and Rs. 110.30 respectively. So far 79,654(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,609.12Cr. The NSE/BSE group stock has touched a 52 week high of Rs.156.00 on 24-APR-2018 & a 52 week low of Rs.98.65 on 25-OCT-2018.

HINDPETRO is currently quoting at Rs.250.60 down by Rs.-16.00 or -6.00% from its previous closing of Rs.266.60 on the NSE. The scrip opened at Rs.258.10 & has touched a high & low of Rs.258.85 and Rs.248.00 respectively. So far 81,73,151(NSE) shares were traded on the counter. The current market cap of the company is Rs 38,141.28Cr. The BSE/NSE group stock has touched a 52 week high of Rs 330.85 on 18-APR-2018 & a 52 week low of Rs 163.00 on 05-OCT-2018.

Share Market News 18-April-2019

Sensex, Nifty End Lower After Hitting New Highs; Reliance Industries gains 3%

Indian share market started strong with Nifty above 11,800 level. The reliance industries gain ahead of the Q4 result. the Sensex was up 106.15 points or 0.27% at 39381.79, and the Nifty up 25.80 points or 0.22% at 11813.00. Among sector compiled by NSE advanced, led by the NSE Nifty Auto Index’s 0.38 percent gain. While, the NSE Nifty IT Index was the top sectoral loser, down 0.18 percent.

In the afternoon session, The Indian share market indices erased the morning gain and were hovering around 11,750 levels, Reliance was standing tall, While Banknifty had slipped below 30,400 Mark. HDFC, INFY, VEDL, ZEE were under the selling pressure. The INDIA VIX has also breached the all-time high and was trading at 22.87. The Aviation stock was again buzzing in today’s trade after cash-strapped Jet Airways temporarily shut down operations. The Sensex was down by 71.65 points or 0.18% at 39,203.99 and the Nifty was down by 24.85 points or 0.21% at 11,762.30. In a Broader Market, NSE mid-cap was down by 0.68% and smallcap indices were trading lower by 1.24%, respectively.

Closing Bell for Indian Benchmark indices, The Indices after hitting the record high was trading under pressure and closed with last hour of sell-off, The Bank Nifty was weak with Infra, metal, FMCG, and Auto had also given a supporting hand, The Energy sector was the one which closed in green as Reliance Industries was strong throughout the session . the Sensex was down 135.36 points at 39140.28, while Nifty was down 34.40 points at 11752.80. The broader market continued to underperform the Benchmark indices the Mid & Small Cap was down by 0.93 & 1.52 percent Markets closed in the red ahead of a long weekend culminating in Easter. After a period of significant momentum ahead of the general elections, the market may take a pause in some kind of an interim profit booking. The accelerating scenario of a slowdown in global growth as also the definitive prospects of higher fuel prices and a weaker currency may also be working on the minds of the market participants at this juncture.

Top Gainers

RELIANCE by 3.15% to Rs 1,386.05. ,JSWSTEEL by 2.88% to Rs 299.60 ,TATAMOTORS by 2.30% to Rs 235.80, BPCL by 1.52% to Rs 362.95, WIPRO by 1.30% to Rs 284.55.

Top Losers

IBULHSGFIN By -4.44% to Rs 795.50, YESBANK by -4.09% to Rs 255.55 ,HINDALCO by -3.70% to Rs 207.00, VEDL by -3.54% to Rs 178.40.,INDUSINDBK by -3.17% to Rs.1,757.60.

Analysis Of Top Gainer And Loser

RELIANCE is the top gainer in today's market session Mitsui O.S.K. Lines Ltd. to acquire a strategic stake in six group companies (each owning a Very Large Ethane Carrier) of the company.

IBULHSGFIN is the top loser in today's market After the company confirmed regarding the merger with the Lakshmi Vilas bank the company was in immense selling pressure, In today market the Stock dropped nearly 5%

Key Market News

  • RBI has asked NCLAT to allow banks to classify exposure to ILFS group companies as NPA as per regulatory norms. As per RBI counsel, recognizing ILFS as NPA would not impede the resolution process.
  • Foreign portfolio investors (FPIs) bought Rs 1,038.58 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 37.22 crore.
  • Investments through participatory notes in the domestic capital market rose to Rs 78,110 crore at the end of March, amid positive market sentiments

Stocks To Watch

IGL is on the upside while VEDANTA is on the downside.

IGL is currently quoting at Rs.327.00 up by Rs 4.45 or 1.38% from its previous closing of Rs.322.55 on the NSE. The scrip opened at Rs.322.00 & has touched a high & low of Rs.329.75 and Rs. 318.65 respectively. So far 18,94,573(NSE) shares were traded on the counter. The current market cap of the company is Rs 22,753.53Cr. The NSE/BSE group stock has touched a 52 week high of Rs.329.75 on 18-APR-2019 & a 52 week low of Rs.215.20 on 08-OCT-2018.

VEDANTA is currently quoting at Rs.178.40 down by Rs.-6.55 or -3.54% from its previous closing of Rs.184.95 on the NSE. The scrip opened at Rs.185.30 & has touched a high & low of Rs.186.90 and Rs.178.00 respectively. So far 1,05,31,473(NSE) shares were traded on the counter. The current market cap of the company is Rs 66,426.30Cr. The BSE/NSE group stock has touched a 52 week high of Rs 313.50 on 19-APR-2018 & a 52 week low of Rs 145.80 on 15-FEB-2019.

Share Market News 16-April-2019

Sensex, Nifty hits fresh record high; ICICIBANK surges nearly 4%

Indian share market opened strong with Nifty above 11,700 level.ICICI bank had a sharp upmove, The banking stock has gained the momentum again, as its Gap up opening for BankNifty. the Sensex was up 173.03 points or 0.44% at 39078.87, and the Nifty up 51.50 points or 0.44% at 11741.90. All the sectoral indices are trading in green led by Bank metal, pharma, energy, auto, infra, and IT. The Indian rupee opened lower against the U.S. dollar. The home currency depreciated as much as 0.02 percent to 69.43 against the greenback. Reliance standing strong with the gain of more than a percent.

In the afternoon session, The Indian share market indices were trading at an all-time high, Nifty was trading around 11,780, The Sensex was up by 334.58 points or 0.86% at 39,240.42 and the Nifty was up by 88.70 points or 0.76% at 11,779.05. Among sector Infra, Bank & FMCG were trading higher, while, Reality & Media were trading in the red. In a Broder Market, NSE mid-cap was up by 0.23% and smallcap indices were trading higher by 0.16%, respectively.

Closing Bell for Indian Benchmark indices, It was strong closing for Indices with Nifty finished slightly below 10,800. The Sensex was up 369.80 points at 39275.64, while Nifty was up 96.80 points at 11787.20. It was pure play from the heavyweight as there was no participant from the border market, The NSE MidCap Index was down by 0.03 percent and the NSE SmallCap Index was flat and closed with No gain or loss. The strength was seen from the Nifty bank Sector Which was up 1.42 percent, Other than that, Infra & Auto has seen a healthy buying in today’s market, Flipside, Reality & IT has loosened up some share price and closed in the red . Nifty rose for the fourth day. With this strong upmove, Nifty touched new highs, breaching previous high of 11,761. The current rally is expected to become broad-based soon, hopefully once election results are out. Further, earnings outcome of Nifty heavyweights (Reliance Industries and HDFC Bank) this week may provide further direction. On the global front, China GDP data, US-China trade talks as well as corporate earnings will provide cues to the investors. In addition, the rupee-dollar and oil price movement are the other key factors to consider.

Top Gainers

INDUSINDBK by 3.95% to Rs 1,818.00. ,ICICIBANK by 3.87% to Rs 407.95 ,TITAN by 3.11% to Rs 1,124.00, ONGC by 2.81% to Rs 160.85, GRASIM by 2.18% to Rs 884.90.

Top Losers

WIPRO By -2.12% to Rs 281.60, CIPLA by -1.35% to Rs 558.65 ,GAIL by -0.69% to Rs 351.60 ,TATAMOTORS by -0.56% to Rs 230.45.,INFY by -0.48% to Rs.724.00.

Analysis Of Top Gainer And Loser

INDUSINDBK is the top gainer in today's market session After the IndusInd Bank has launched a new credit card Aptly called ‘Nexxt’— to denote a future generation looking.

WIPRO is the top loser in today's market After the company confirmed reports about a phishing attack on its IT systems without giving out any details on the extent and effect of the hacking

Key Market News

  • India's exports up by 11 percent to USD 32.55 billion in March.
  • India's trade balance was reported -10.89B
  • Oil prices halted their rally after Russia’s finance minister said Russia and OPEC may decide to boost production to fight for market share with the

Stocks To Watch

ICICIBANK is on the upside while WIPRO is on the downside.

ICICIBANK is currently quoting at Rs.407.95 up by Rs 15.20 or 3.87% from its previous closing of Rs.392.75 on the NSE. The scrip opened at Rs.397.50 & has touched a high & low of Rs.408.40 and Rs. 397.50 respectively. So far 2,44,87,788(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,62,243.20Cr. The NSE/BSE group stock has touched a 52 week high of Rs.409.55 on 01-APR-2019 & a 52 week low of Rs.256.50 on 16-JUL-2018.

WIPRO is currently quoting at Rs.281.60 down by Rs.-6.10 or -2.12% from its previous closing of Rs.287.70 on the NSE. The scrip opened at Rs.291.35 & has touched a high & low of Rs.291.45 and Rs.278.00 respectively. So far 2,03,67,059(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,69,613.92Cr. The BSE/NSE group stock has touched a 52 week high of Rs 291.72 on 26-FEB-2019 & a 52 week low of Rs 190.13 on 06-JUN-2018.

Share Market News 15-April-2019

Sensex, Nifty Edges Higher; Tata Motors Lead Gains

Indian share market started flat with Nifty above 11,650 level. the Sensex was up 70.98 points or 0.18% at 38838.09, and the Nifty up 22.10 points or 0.19% at 11665.60. All the sectoral compiled by NSE advanced, led by the Nifty Metal Index’s 0.97 percent gain. While, the NSE Nifty IT Index was the only sectoral loser, down 0.16 percent. The Indian rupee opened higher by 8 paise at 69.07 per dollar on Monday versus Friday's close 69.15.

In the afternoon session, The Indian share market indices were trading Higher, Nifty was trading around 11,670, The Sensex was up by 116.78 points or 0.30% at 38,883.89 and the Nifty was up by 32.55 points or 0.28% at 11,676.00. Among Metal, Auto & Reality were trading higher, while, Pharma & Energy were trading in the red. In a Broder Market, NSE mid-cap was up by 0.50% and smallcap indices were trading higher by 0.83%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading at day’s high, Hovering around 11,700 Mark. Indian Benchmark indices ended the Sensex was up 138.73 points at 38905.84, while Nifty was up 46.90 points at 11,690.40. Among sector compiled by NSE ended higher, led by the Nifty Metal Index’s 2.4 percent gain. While, the Nifty Media Index was the top sectoral loser, down 0.5 percent. In the broader Market Update, the NSE MidCap Index was up by 0.47 percent and the NSE SmallCap Index was higher by 0.63 percent. The market traded on a positive note as expectation of US-China trade agreement and a likely turnaround in domestic earnings steered the sentiment. IT index outperformed due to weak rupee and optimism in earnings growth. WPI inflation inched to 3.18% in March due to the rise in food prices while IMD’s forecast of near-normal monsoon may ease the concern over inflation

Top Gainers

TATAMOTORS by 7.43% to Rs 232.00. ,TCS by 4.89% to Rs 2,113.00 ,COALINDIA by 4.15% to Rs 250.80, TATASTEEL by 3.81% to Rs 554.00, KOTAKBANK by 2.42% to Rs 1,376.00.

Top Losers

INFY By -2.61% to Rs 728.20, INFRATEL by -1.67% to Rs 309.40 ,SUNPHARMA by -1.38% to Rs 458.65 ,GAIL by -0.88% to Rs 353.60.,YESBANK by -0.78% to Rs.265.80.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session, as the outlook of the company has been improved and overall, many brokerage houses have also started recommending the auto pack on the expectation of the growth revival in coming months.

INFY is the top loser in today's market After the company has posted the Q4FY2014 result, Which was below the estimate of the D-street.

Key Market News

  • As per media reports, the government is considering a proposal to allow gas-based power plants to sell electricity in the spot market through power exchanges under a subsidy scheme. The scheme is aimed at providing relief to gas-based power plants in distress due to lack of gas supply.
  • The index of industrial production (IIP) rose 0.1%, the slowest since a 0.3% contraction in July 2017.
  • India’s retail inflation saw a marginal rise of 2.86% in March on account of increase in prices of food articles and fuel.
  • The inflation based on the Consumer Price Index (CPI) was 2.57% in February this year.
  • RBI net buyer of dollars for the third month in a row snaps up $825 mn in February.
  • March WPI inflation stood at 3.18% against 2.93% in February.
  • Foreign portfolio investors (FPIs) bought Rs 897.45 crore worth of domestic stocks on Friday, DIIs were net sellers to the tune of Rs 15.99 crore.

Stocks To Watch

MEGHMANI ORGANICS is on the upside while TATAPOWER is on the downside.

MEGHMANI ORGANICS is currently quoting at Rs.68.00 up by Rs 3.55 or 5.51% from its previous closing of Rs.64.45 on the NSE. The scrip opened at Rs.65.10 & has touched a high & low of Rs.69.30 and Rs. 65.00 respectively. So far 35,32,525(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,721.71Cr. The NSE/BSE group stock has touched a 52 week high of Rs.114.35 on 08-MAY-2018 & a 52 week low of Rs.42.15 on 06-FEB-2019.

TATAPOWER is currently quoting at Rs.71.35 down by Rs.-1.90 or -2.59% from its previous closing of Rs.73.25 on the NSE. The scrip opened at Rs.73.00 & has touched a high & low of Rs.73.20 and Rs.71.20 respectively. So far 1,11,47,566(NSE) shares were traded on the counter. The current market cap of the company is Rs 19,298.56Cr. The BSE/NSE group stock has touched a 52 week high of Rs 89.55 on 02-MAY-2018 & a 52 week low of Rs 59.80 on 09-OCT-2018.

Share Market News 11-April-2019

Sensex, Nifty End Volatile Session on Flat Note; Nifty Ends marginally below 11,600

Indian share market started flat tracking losses in their Asian peers. the Sensex was down 8.36 points or 0.02% at 38576.99, and the Nifty down 1.40 points or 0.01% at 11582.90. All the sectoral compiled by NSE fell, led by the NSE Nifty Pharma Index’s 0.26 percent decline. While, the Nifty Realty Index was the top sectoral gainer, up 0.78 percent. The Indian rupee opened lower by paise at 69. 21 per dollar on Thursday against Wednesday's close 69.11.

In the afternoon session, The Indian share market indices were trading lower, Nifty was trading around 11,580, The Sensex was down by 35.97 points or 0.09% at 38,549.38 and the Nifty was down by 10.15 points or 0.09% at 11,574.15. Among Infra, Energy & Auto were trading higher while, Metal, reality & IT were trading in the red. In a Broder Market, NSE mid-cap was down by 0.36% and smallcap indices were trading lower by 0.15%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading at day’s low around 11550 Mark. Indian Benchmark indices ended flat after a rangebound session. The Sensex rose 21.66 points to 38,607.01 and the Nifty50 gained 12.40 points at 11,596.70. Among sector compiled by NSE ended lower, led by the Nifty Metal Index’s 1.2 percent decline. While, the Nifty Auto Index was the top sectoral gainer, up 0.53 percent. In the broader Market Update, the NSE MidCap Index was up by 0.09 percent and the NSE SmallCap Index was higher by 0.25 percent. Hang Sang gave a dismal start to the day and other Asian indices also showed weakness. In India, Nifty consolidated after it made new highs last week. Broader indices are losing steam and the general sentiment among the participants was lackluster. General elections to continue to remain in focus and will keep markets volatile in the near term. The result of IT majors Infosys and TCS is going to kick start the earnings season tomorrow. Besides, important macroeconomic data IIP and CPI inflation are also scheduled.

Top Gainers

IBULHSGFIN by 2.54% to Rs 845.35. ,BHARTIARTL by 2.00% to Rs 346.80 ,BAJAJFINSV by 1.84% to Rs 7,560.00, BAJAJ-AUTO by 1.67% to Rs 2,992.10, DRREDDY by 1.56% to Rs 2,808.00.

Top Losers

VEDL By -3.79% to Rs 181.35, SUNPHARMA by -1.41% to Rs 465.30 ,POWERGRID by -1.36% to Rs 195.95 ,TECHM by -1.30% to Rs 780.00.,AXISBANK by -1.26% to Rs.751.25.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session after the continuous sell of in last 3 trading session the company witnessed a good interest from the lower level, the merger approval from RBI with Lakshmi Vilas banks is also been an overhang on the company.

VEDL is the top loser in today's market After London's Supreme Court said Zambian villagers can sue the company in England, The apex court of the UK dismissed Vedanta's appeal of a lower-court ruling that a case in which villagers alleged their land was polluted by a Vedanta unit could be heard in England.

Key Market News

  • The Department of Telecommunications (DoT) has set up a committee that will look into contentious issues arising out of telecom companies that are going through the insolvency process.
  • Mutual funds finished the year with an 11.41 percent rise in their total AUM at Rs 23.80 trn in the year to March, from Rs 21.36 trn in the previous year, according to the industry data released Wednesday.
  • Foreign portfolio investors (FPIs) bought Rs 1,429.92 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 461.29 crore.
  • U.K. Gross Domestic Product (GDP) YoY reported 2.0 %.

Stocks To Watch

RELIANCE is on the upside while AXISBANK is on the downside.

RELIANCE is currently quoting at Rs.1,350.00 up by Rs 18.60 or 1.40% from its previous closing of Rs.1,331.40 on the NSE. The scrip opened at Rs.1,332.95 & has touched a high & low of Rs.1,353.00 and Rs. 1,329.00 respectively. So far 57,41,333(NSE) shares were traded on the counter. The current market cap of the company is Rs 8,53,283.27Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,406.80 on 01-APR-2019 & a 52 week low of Rs.906.60 on 30-MAY-2018.

AXISBANK is currently quoting at Rs.751.25 down by Rs.-9.60 or -1.26% from its previous closing of Rs.760.85 on the NSE. The scrip opened at Rs.760.50 & has touched a high & low of Rs.761.35 and Rs.747.00 respectively. So far 53,65,803(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,93,410.33Cr. The BSE/NSE group stock has touched a 52 week high of Rs 787.65 on 28-MAR-2019 & a 52 week low of Rs 481.25 on 27-APR-2018.

Share Market News 10-April-2019

Weak Global Cues, HDFC Twins Dragged Market Lower, Sensex Down by 353 Points

Indian share market opened lowered with Nifty around 10,650 Mark amid losses in HDFC twins and TCS weighed on the index. the Sensex was down 60.01 points at 38879.21, while Nifty was down 19.10 points at 11,652.90. All the sectoral compiled by NSE declined, led by the Nifty Metal Index’s 0.6 percent fall. While, the Nifty IT Index was the top sectoral gainer, up 0.07 percent. The Indian rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.1 percent to 69.2 against the greenback.

In the afternoon session, The Indian share market indices were trading Lower, Nifty was trading around 11,650. HDFCBANK was down by 1.81 %. The Sensex was down by 67.04 points or 0.17% at 38,872.18 and the Nifty was down by 18.10 points or 0.16% at 11,653.85. Among Pharma, FMCG & Reality were trading higher while IT, Banks were trading in the red. In a Broder Market, NSE mid-cap was up by 0.05% and smallcap indices were trading higher by 0.52%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading around 11600 Mark. Indian Benchmark indices finished at the day’s low, Nifty below 11,600 Mark. The Sensex was down 353.87 points at 38585.35, and the Nifty was down 88.40 points at 11,583.60. Among sector compiled by NSE ended lower, led by the Financial Services Index's 1.13 percent fall. While, the Nifty Realty Index was the top sectoral gainer, up 1.13 percent. In the broader Market Update, the NSE MidCap Index was down by 0.28 percent and the NSE SmallCap Index was higher by 0.32 percent. Market slid ahead of the start of the first phase of polling and renewed concern over global economic growth after IMF downgraded the growth forecast to 3.3% for 2019. Volatility is likely to remain high in the near term, hence we continue to remain cautious on the Indian market. Further, the trend of the market is likely to be dictated by domestic events like Q4FY19 earnings season and domestic macro data (IIP & CPI). Moreover, market participants would keenly watch the progress of central elections starting tomorrow. Globally, progress on US-Europe trade talk, the behavior of crude oil prices and fluctuation in currency, would further induce volatility in the markets.

Top Gainers

TATAMOTORS by 4.81% to Rs 215.80. ,CIPLA by 2.72% to Rs 546.45 ,WIPRO by 2.72% to Rs 281.25, ADANIPORTS by 1.13% to Rs 385.00, HINDUNILVR by 1.10% to Rs 1,699.00.

Top Losers

BHARTIARTL By -3.74% to Rs 338.45, HINDALCO by -2.56% to Rs 211.60 ,ASIANPAINT by -2.43% to Rs 1,409.70,TCS by -2.29% to Rs 2,043.65.,UPL by -2.22% to Rs.923.70.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session after the company’s group global wholesales including Jaguar Land Rover fell 5 percent on a yearly basis to 1.45 lakh units, according to its stock exchange filing, as the street was expecting lower than that numbers.

BHARTIARTL is the top loser in today's market After Bharti Airtel has paid spectrum dues to the government recently, officials in the Department of Telecommunications said.

Key Market News

  • The government had short fallen of Rs 50,000 crore in its direct tax collection target of Rs 12 lakh crore for 2018-19, According to the senior finance ministry official Tuesday.
  • Govt meets the fiscal deficit target of 3.4% for FY'19.
  • India is likely to grow at 7.3% in 2019 and 7.5% in 2020: according to IMF.
  • Foreign portfolio investors (FPIs) bought Rs 1,212.35 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 688.65 crore.

Stocks To Watch

UFLEX is on the upside while SBIN is on the downside.

UFLEX is currently quoting at Rs.243.00 up by Rs 4.00 or 1.67% from its previous closing of Rs.239.00 on the NSE. The scrip opened at Rs.241.45 & has touched a high & low of Rs.249.00 and Rs. 240.00 respectively. So far 2,22,406(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,774.24 Cr. The NSE/BSE group stock has touched a 52 week high of Rs.376.10 on 20-APR-2018 & a 52 week low of Rs.183.70 on 19-FEB-2019.

SBIN is currently quoting at Rs.310.70 down by Rs.-4.05 or -1.29% from its previous closing of Rs.314.75 on the NSE. The scrip opened at Rs.314.85 & has touched a high & low of Rs.317.05 and Rs.310.00 respectively. So far 1,92,37,974(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,77,733.91Cr. The BSE/NSE group stock has touched a 52 week high of Rs 339.65 on 28-MAR-2019 & a 52 week low of Rs 232.50 on 26-APR-2018.

Share Market News 09-April-2019

Sensex, Nifty End Higher; IT Stocks Surge

Indian share market was trading flat with Nifty below 10,600 Mark. the Sensex was down 78.46 points at 38,622.07, while Nifty was down 25.50 points at 11579 All the sectoral compiled by NSE declined, led by the Nifty Auto Index’s 0.43 percent fall. While, the NSE Nifty PSU Bank was the top sectoral gainer, up 0.27 percent. The Indian rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.14 percent to 69.57 against the greenback. Oil prices on Tuesday reached their highest since November as concerns over exports from war-torn Libya stoked tightness in the market, with global supply already hit by OPEC-led production cuts and US sanctions on Iran and Venezuela.

In the afternoon session, The Indian share market indices were trading Lower, Nifty was trading at 11,583.95. The Sensex was down by 52.58 points or 0.14% at 38,647.95 and the Nifty was down by 20.55 points or 0.18% at 11,583.95. Among Pharma, FMCG & IT were trading higher while Media, Metal & PSU bank were trading in the red. In a Broder Market, NSE mid-cap was down by 0.76% and smallcap indices were trading lower by 0.55%, respectively.

Indian Share market Update in the last hour of trade, Nifty has cooled off from day’s high and was trading around 11630 Mark. Benchmark indices ended higher with Nifty above 11,650 level. the Sensex was up 238.69 points at 38939.22, while Nifty was up 67.50 points at 11,672. Among sector compiled by NSE advanced, led by the Nifty PSU Bank Index’s 1.4 percent gain. While, the Nifty Media Index was the only sectoral loser, down 0.2 percent. In the broader Market Update, the NSE MidCap Index was up by 0.14 percent and the NSE SmallCap Index was higher by 0.09 percent. The market gained after a rangebound movement in expectation of a turnaround in earnings growth led by Q4FY19 results starting this week, while positive global peers aided the market. Banks outperformed as outlook improved led by a reduction in stressed assets, repo rate and pick up in credit growth. But valuation is on a premium level while the start of the first phase of polling may bring volatility in the marke

Top Gainers

YESBANK by 4.50% to Rs 271.75. ,WIPRO by 4.19% to Rs 274.75 ,TATAMOTORS by 3.22% to Rs 207.00, COALINDIA by 2.70% to Rs 239.25, ICICIBANK by 2.60% to Rs 397.15.

Top Losers

IBULHSGFIN By -3.19% to Rs 831.95, ASIANPAINT by -3.11% to Rs 1,449.80 ,BHARTIARTL by -1.17% to Rs 350.80, INFY by -0.84% to Rs 760.80.,UPL by -0.64% to Rs.940.70.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session after the private lender announced a fundraising plan by way of issuance of equity shares.

IBULHSGFIN is the top loser in today's market After a media report said Sameer Gehlaut will exit realty biz to focus on financial services business.

Key Market News

  • Foreign portfolio investors (FPIs) bought Rs 330 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 624 crore.
  • March Equity MF highest since October.
  • India's GDP expected to expand 7.5% in 2019-20: World Bank.
  • RBI issues norms for banks to set up currency chests.

Stocks To Watch

ICICIBANK is on the upside while ZEE MEDIA is on the downside.

ICICIBANK is currently quoting at Rs.397.15 up by Rs 10.05 or 2.60% from its previous closing of Rs.387.10 on the NSE. The scrip opened at Rs.387.40 & has touched a high & low of Rs.398.35 and Rs. 387.15. respectively. So far 1,32,06,348(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,55,854.87 Cr. The NSE/BSE group stock has touched a 52 week high of Rs.409.55 on 01-APR-2019 & a 52 week low of Rs.256.50 on 16-JUL-2018.

ZEE MEDIA is currently quoting at Rs.14.95 down by Rs.-1.45 or -8.84% from its previous closing of Rs.16.40 on the NSE. The scrip opened at Rs.16.45 & has touched a high & low of Rs.16.80 and Rs.14.85 respectively. So far 62,07,741(NSE) shares were traded on the counter. The current market cap of the company is Rs 706.18Cr. The BSE/NSE group stock has touched a 52 week high of Rs 40.20 on 09-APR-2018 & a 52 week low of Rs 11.50 on 06-FEB-2018.

Share Market News 08-April-2019

Nifty struggles,Sensex falls 161 points; India VIX above 20%

Indian share market started positively with Nifty above 10,700 Mark. the Sensex was up 102.10 points at 38964.33, while Nifty up 20.10 points at 11686.10. All the sectoral gauges compiled by NSE advanced, led by the Nifty Metal Index’s 0.63 percent gain. While, the Nifty Realty Index was the only sectoral loser, down 0.4 percent. The Indian rupee weakened today against US dollar tracking losses in its Asian currencies as traders awaited further details on a prospective US-China trade deal. Higher crude oil prices also dampened sentiment.

In the afternoon session, The Indian share market indices were trading at day’s low, Nifty was trading at 11,639.65. The Sensex was down by 39.42 points or 0.10% at 38,822.81 and the Nifty was down by 26.30 points or 0.23% at 11,639.65. Among sector, PSU Bank & media were trading higher while Energy, Reality & pharma were trading in the red. In a Broder Market, NSE mid-cap was down by 0.15% and smallcap indices were trading higher by 0.37%, respectively.

Indian Share market Update in the last hour of trade, Nifty was seen in the selling pressure, trading around 11600 Mark.HDFCBank & Reliance dragged the Indices lower. Indian equity benchmarks indices ended lower Nifty to finished just above 11,600 level. The Sensex was down 161.70 points at 38700.53, while Nifty was down 61.50 points at 11604.50. Among sector compiled by NSE fell, led by the Nifty Realty Index’s 2.19 percent fall. While, the Nifty IT Index was the only sectoral gainer, up 0.66 percent. In the broader Market Update, the NSE MidCap Index was down by 0.79 percent and the NSE SmallCap Index was lower by 0.54 percent. The domestic market started this week on a weak note. Investors have turned cautious with crude oil prices rising to their highest level since November 2018, owing to OPEC’s ongoing supply cuts & US sanctions against Iran and Venezuela. Additionally, general elections and the start of Q4 earnings season is adding to the cautiousness, we may see some profit booking in the near-term given sharp run-up in markets

Top Gainers

TECHM by 1.45% to Rs 788.50. ,INFY by 1.30% to Rs 769.15 ,M&M by 1.28% to Rs 666.65, TCS by 1.24% to Rs 2,073.60, POWERGRID by 0.82% to Rs 197.90.

Top Losers

IBULHSGFIN By -4.76% to Rs 860.10, IOC by -4.01% to Rs 152.10 ,BAJFINANCE by -2.99% to Rs 3,021.00, VEDL by -2.69% to Rs 186.55.,YESBANK by -2.30% to Rs.260.70.

Analysis Of Top Gainer And Loser

TECHM is the top gainer in today's market session, With the continuous weakness in the INR The IT sector is in the focus as the buying interest was seen in the overall pack, TechM has been the top performer with the gain of 1.45% in a day.

IBULHSGFIN is the top loser in today's market after the private sector lender announced merger Lakshmi villas bank with non-banking finance company Indiabulls Housing Finance (IHF).

Key Market News

  • U.S. employment growth accelerated from a 17-month low in March, easing the fears of an abrupt slowdown in economic activity.
  • Finance Minister Arun Jaitley on Sat aforesaid India is likely to become the third largest economy within the world by 2030 with gross domestic product touching $10 trillion, helped by consumption and investment growth.
  • President Donald Trump urges the Fed to cut rates to ease pressure on an economy that he said they slowed down.
  • Foreign portfolio investors (FPIs) sold Rs 798 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 326 crore.

Stocks To Watch

INFY is on the upside while M&MFIN is on the downside.

INFY is currently quoting at Rs.769.15 up by Rs 9.85 or 1.30% from its previous closing of Rs.759.30 on the NSE. The scrip opened at Rs.763.05 & has touched a high & low of Rs.770.00 and Rs. 755.40. respectively. So far 49,19,911(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,35,162.58Cr. The NSE/BSE group stock has touched a 52 week high of Rs.772.25 on 08-FEB-2019 & a 52 week low of Rs.551.00 on 16-APR-2018.

M&MFIN is currently quoting at Rs.412.00 down by Rs.-4.40 or -1.06% from its previous closing of Rs.416.40 on the NSE. The scrip opened at Rs.419.70 & has touched a high & low of Rs.419.80 and Rs.409.05 respectively. So far 9,06,112(NSE) shares were traded on the counter. The current market cap of the company is Rs 25,451.92Cr. The BSE/NSE group stock has touched a 52 week high of Rs 534.00 on 30-APR-2018 & a 52 week low of Rs 342.65 on 05-OCT-2018.

Share Market News 04-April-2019

RBI’s Disppoints Markets With a Neutral Stance, Sensex ends 192 pts lower

Indian share market started flat ahead of RBI policy Meet. the Sensex was up by 45.55 points at 38922.67, while Nifty up by 5 points at 11649. All the sectoral compiled by NSE traded lower, led by the Nifty PSU Bank Index’s 2.7 percent fall. The Indian rupee opened lower against the U.S. dollar ahead of the RBI policy. The home currency depreciated as much as 0.22 percent to 68.57 against the greenback.

In the afternoon session, RBI Committee decided to cut its benchmark interest rate. The committee cut the repo rate by 25 basis points to 6 percent. The Sensex was down by 108.96 points or 0.28% at 38,768.16 and the Nifty was down by 31.25 points or 0.27% at 11,612.60. Among sector Auto, Pharma &reality were trading higher while Energy, IT & metal were trading in the red. In a Broder Market, NSE mid-cap was down by 0.27% and smallcap indices were trading lower by 0.75%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading around 11600 Mark. Indian equity benchmarks ended lower for the second consecutive trading session after the Reserve Bank of India cut repo rate as per the expectations, but refrained from shifting to a more easy stance. the Sensex was down 192.40 points at 38,684.72, while Nifty was down 46 points at 11,598. Among sector compiled by NSE fell, led by the Nifty IT Index’s 1.37 percent decline. While, the Nifty Media Index was the top sectoral gainer, up 1.09 percent. In the broader Market Update, the NSE MidCap Index was down by 0.21 percent and the NSE SmallCap Index was lower by 0.47 percent. A key takeaway from the policy is the projection of benign inflation for FY2020. Since the GDP growth rate for FY2020 has been lowered in this benign inflation scenario, one can expect more rate hikes probably two more this year. The stance has been maintained at neutral perhaps in the context of the rising crude price and concerns regarding a below normal monsoon.

Top Gainers

IBULHSGFIN by 3.29% to Rs 898.50. ,ZEEL by 3.28% to Rs 417.80 ,TATAMOTORS by 2.46% to Rs 206.30, ULTRACEMCO by 2.46% to Rs 4,100.00, BRITANNIA by 2.00% to Rs 3,050.00.

Top Losers

TCS By -3.00% to Rs 2,017.00, HCLTECH by -2.70% to Rs 1,090.35 ,BPCL by -2.56% to Rs 353.90, HINDALCO by -2.52% to Rs 210.50.,YESBANK by -1.97% to Rs.268.30.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, In a regulatory filing, Indiabulls Housing Finance on Wednesday said it has raised Rs 17,300 crore in the March quarter of 2018-19. The company plans to borrow Rs 26,000 crore in the current financial year.

TCS is the top loser in today's market, On the expectation of a decline in Q4FY2018-19 results the stock has witnessed selling pressure in today’s market trade, The stock was down by 3 %.

Key Market News

  • RBI Committee on Thursday decided to cut its benchmark interest rate. The committee cut the repo rate by 25 basis points to 6 percent.
  • The Nikkei India Services Business Activity Index fell to 52 last month from 52.5 in February.
  • Foreign portfolio investors (FPIs) sold Rs 10,40 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 81 crore.
  • U.S. Crude Oil Inventories recorded 7.238M WoW.

Stocks To Watch

AUROPHARMA is on the upside while VIPIND is on the downside.

AUROPHARMA is currently quoting at Rs.788.50 up by Rs 15.85 or 2.05% from its previous closing of Rs.772.65 on the NSE. The scrip opened at Rs.775.00 & has touched a high & low of Rs.789.50 and Rs. 772.80. respectively. So far 12,77,490(NSE) shares were traded on the counter. The current market cap of the company is Rs 45,839.11Cr. The NSE/BSE group stock has touched a 52 week high of Rs.830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018.

VIPIND is currently quoting at Rs.475.05 down by Rs.-12.75 or -2.61% from its previous closing of Rs.487.80 on the NSE. The scrip opened at Rs.489.30 & has touched a high & low of Rs.489.75 and Rs.472.65 respectively. So far 3,19,978(NSE) shares were traded on the counter. The current market cap of the company is Rs 6,717.52Cr. The BSE/NSE group stock has touched a 52 week high of Rs 647.00 on 28-AUG-2018 & a 52 week low of Rs 313.15 on 04-APR-2018.

Share Market News 03-April-2019

Nifty retreats from life highs on profit-booking, Ahead Of RBI Policy

Indian share market started positively with Sensex opened at a record high. the Sensex is up 119.33 points at 39175.98, while Nifty up 31.90 points at 11745.10. All the sector compiled by NSE advanced, led by the Nifty PSU Bank Index’s 0.83 percent gain. While, the NSE Nifty Media Index was the top sectoral loser, down 0.4 percent. The Indian rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.25 percent to 68.57 against the greenback.

In the afternoon session, the Nifty 50 Index hit a new all-time high at 11,761. The Sensex was Up by 149.39 points or 0.38% at 39,206.04 and the Nifty was up by 26.50 points or 0.23% at 11,739.70. Among sector Reality, Metal & Auto were trading higher while Pharma, Energy, IT &media were trading in the red. In a Broder Market, NSE mid-cap was Up by 0.24% and smallcap indices were trading Higher by 0.26%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading above 11700 Mark. Indian equity benchmarks halted a four-day rally, as sentiment turned negative after a private weather forecaster Skymet said it expected a 'below normal' monsoon this year. "Profit-booking has started and that coupled with the monsoon forecast, has impacted the markets investors are also awaiting the outcome of the RBI's interest rate decision due tomorrow. the Sensex was down 179.53 points at 38877.12, while Nifty was down 69.20 points at 11,644. All the sectoral compiled by NSE fell, led by the Nifty PSU Bank Index’s 2.7 percent decline. In the broader Market Update, the NSE MidCap Index was down by 1.11 percent and the NSE SmallCap Index was lower by 1.07 percent.We expect consolidation to continue in the near term. Tomorrow’s RBI monetary policy would provide further direction to the market. Soft inflation and muted domestic macro data have increased the probability of a rate cut. Further, MPC’s commentary on future interest rate and inflation trajectory would be closely monitored by the market participants. On the global front, the movement of crude oil prices and currency would remain on the market radar.

Top Gainers

IBULHSGFIN by 3.51% to Rs 868.95. ,MARUTI by 2.92% to Rs 7,091.00 ,BAJAJFINSV by 1.72% to Rs 7,405.05, HCLTECH by 1.09% to Rs 1,114.65, TATASTEEL by 0.73% to Rs 534.50.

Top Losers

BPCL By -4.60% to Rs 363.00, ZEEL by -3.90% to Rs 401.40 ,IOC by -2.97% to Rs 153.45, GAIL by -2.54% to Rs 353.40.,SBIN by -2.40% to Rs.321.10.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, The company is witnessing a good buying interest before the RBI monetary Meet decision on the expectation of rate cut.

BPCL is the top loser in today's market, The increased in crude oil prices have put the pressure on the oil marketing companies and seen under selling from couple of days.

Key Market News

  • World trade reduce by 0.3 percent in the fourth quarter of 2018 and is expected to grow by 2.6 percent this year, slower than 3.0% growth in 2018 and below a previous forecast of 3.7%, the World Trade Organization stated.
  • India’s manufacturing PMI loses growth momentum; eases to 52.6 in March.
  • Nifty 50 Index hit a new all-time high at 11,761.
  • Skymet says India monsoon rains seen below normal this year
  • Foreign portfolio investors (FPIs) bought Rs 543.36 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 437.70 crore, data suggested.

Stocks To Watch

SUBROS is on the upside while BIOCON is on the downside.

SUBROS is currently quoting at Rs.289.90 up by Rs 2.65 or 0.92% from its previous closing of Rs.287.25 on the NSE. The scrip opened at Rs.288.00 & has touched a high & low of Rs.289.90 and Rs. 283.25. respectively. So far 85,885(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,891.18Cr. The NSE/BSE group stock has touched a 52 week high of Rs.378.60 on 18-SEP-2018 & a 52 week low of Rs.205.25 on 28-JAN-2019.

BIOCON is currently quoting at Rs.608.00 down by Rs.-7.20 or -1.17% from its previous closing of Rs.615.20 on the NSE. The scrip opened at Rs.616.05 & has touched a high & low of Rs.618.50 and Rs.606.60 respectively. So far 6,31,713(NSE) shares were traded on the counter. The current market cap of the company is Rs 36,480.00Cr. The BSE/NSE group stock has touched a 52 week high of Rs 718.00 on 26-SEP-2018 & a 52 week low of Rs 543.30 on 26-JUL-2018.

Share Market News 02-April-2019

Sensex Closes At Record High; Tata Motors surges

Indian share market started strong with Nifty around 11,700 level. the Sensex was up 86.98 points or 0.22% at 38958.85, and the Nifty up 9.70 points or 0.08% at 11678.90. All the sector compiled by NSE advanced, led by the Nifty Realty Index’s 1.03 percent rally. While, the Nifty Media Index was the top sectoral loser, down 1.3 percent. The Indian rupee slipped within the early trade on a weekday. It opened lower by 12 paise at 69.27 per dollar versus Friday's close 69.15.

In the afternoon session, the Indian share market index was trading higher, Nifty was hovering around 11700 Mark. , The Sensex was Up by 161.48 points or 0.42% at 38,033.35 and the Nifty was up by 41.00 points or 0.35% at 11,710.15. Among sector Reality, Auto, PSU bank were trading higher while Pharma and media were trading in the red. In a Broder Market, NSE mid-cap was Up by 0.23% and smallcap indices were trading Higher by 0.02%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading above 11700 Mark. Indian share market ended higher for the fourth consecutive day, Nifty finished above 11,700 level. The investors turned their focus to a key three-day RBI meeting. The Reserve Bank of India (RBI) is expected to cut its benchmark lending rate for a second consecutive time when its meeting ends on Thursday. the Sensex was up 184.78 points at 39056.65, while Nifty was up 44 points at 11713.20. Among Sector compiled by NSE advanced, led by the Nifty Realty Index’s 2.3 percent rally. While, the Nifty Media Index was the top sectoral loser, down 0.87 percent. In the broader Market Update, the NSE MidCap Index was up by 0.38 percent and the NSE SmallCap Index was lower by 0.21 percent. In the near term, we expect some consolidation post the recent run-up. The upcoming RBI monetary policy would provide further direction. Soft inflation and muted domestic macro data have increased the probability of a rate cut. Further, MPC’s commentary on future interest rates and inflation trajectory would be closely monitored. On the global front, the movement of crude oil prices and currency would remain on the market’s radar.

Top Gainers

TATAMOTORS by 8.62% to Rs 203.50. ,BHARTIARTL by 4.46% to Rs 356.00 ,EICHERMOT by 2.80% to Rs 20,610.00,SBIN by 2.53% to Rs 330.90,BAJFINANCE by 2.38% to Rs 3,073.00.

Top Losers

ZEEL By -2.81% to Rs 419.55, BPCL by -2.42% to Rs 382.40,BAJAJ-AUTO by -2.32% to Rs 2,848.00, BRITANNIA by -1.77% to Rs 2,995.85.,SUNPHARMA by -1.75% to Rs.470.45.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session, Tata Motors extended gains for the fourth consecutive trading session After The company's British luxury car unit Jaguar Land Rover (JLR) on Friday reaffirmed expectations of a financially higher fourth quarter.

ZEEL is the top loser in today's market, The promoters of Zee Entertainment have sold Rs 332 crore worth of the firm’s shares in recent months, according to exchange disclosures.

Key Market News

  • RBI modified the revelation on material divergences on provisioning, saying the bank will have to disclose their provisions if the divergence is more than 10% of the bank’s PBT compared to 15% of PAT earlier.
  • Output growth of eight core industries slowed down to 2.1% in February 2019 against 5.4% growth during February 2018.
  • The RBI can once more swap up to $5 billion to infuse sturdy liquidity within the system, a month after the first swaps saw a massive response from banks.
  • The price of Aviation Turbine Fuel (ATF) was hiked by Rs 677.1 per kilolitre, or 1.07 percent, to Rs 63,472.22 per kl in the national capital.
  • The price of non-subsidized cooking gas (LPG) has been increased by Rs 5 per 14.2-kg cylinder. It will now cost Rs 706.50 in the national capital.
  • Foreign portfolio investors (FPIs) bought Rs 898.79 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 1,032.81 crore.
  • Goods and Services Tax (GST) collection has touched Rs 11.77 trillion in fiscal 2018-19, with the record realization of Rs 1.06 trillion in March alone.

Stocks To Watch

LUPIN is on the upside while APOLLOTYRE is on the downside.

LUPIN is currently quoting at Rs.776.50 up by Rs 10.30 or 1.34% from its previous closing of Rs.766.20 on the NSE. The scrip opened at Rs.767.00 & has touched a high & low of Rs.783.65 and Rs. 759.05. respectively. So far 26,66,266(NSE) shares were traded on the counter. The current market cap of the company is Rs 35,151.97Cr. The NSE/BSE group stock has touched a 52 week high of Rs.986.10 on 10-SEP-2018 & a 52 week low of Rs.719.80 on 28-MAR-2019.

APOLLOTYRE is currently quoting at Rs.221.05 down by Rs.-4.80 or -2.13% from its previous closing of Rs.225.85 on the NSE. The scrip opened at Rs.226.10 & has touched a high & low of Rs.226.50 and Rs.219.75 respectively. So far 23,92,936(NSE) shares were traded on the counter. The current market cap of the company is Rs 12,670.91Cr. The BSE/NSE group stock has touched a 52 week high of Rs 307.25 on 17-APR-2018 & a 52 week low of Rs 192.05 on 23-OCT-2018.

Share Market News 01-April-2019

Sensex smashes through 39,000 but settles off highs: Nifty tops 11,650.

Indian share market started positively with Nifty above the 11,650 level, building on strong gains of March, tracking a rally in Asian markets. the Sensex was up 189.65 points or 0.49% at 38862.56, and the Nifty up 53.10 points or 0.46% at 11677.00. All the sector compiled by NSE advanced, led by the NSE Nifty Metal Index’s 1.64 percent rally.

In the afternoon session, the Indian share market index was trading higher, Nifty was hovering around 11700 Mark. , The Sensex was Up by 255.10 points or 0.66% at 38,928.01 and the Nifty was up by 63.75 points or 0.55% at 11,687.65. All the sectors were trading in the green, led by Metal, Bank, Infra & IT. In a Broder Market, NSE mid-cap was Up by 0.98% and smallcap indices were trading Higher by 1.49%, respectively.

Indian Share market Update in the last hour of trade, Nifty was trading at day’s high above 11700 Mark. Indian share market ended higher but off day's high on the back of last hour selling pressure on the first day of the financial year 2020. The Sensex touched a record high of 39,115.57 during the day, while Nifty also closed above 11,650 level. The Sensex rose 164.27 points at 38,837.18, while Nifty was up 31.70 points at 11,655.60. Among Sector compiled by NSE advanced, led by the Nifty realty index’s 0.87 percent fall. While, the Nifty Metal Index was the top sectoral gainer, up 1.84 percent. In the broader Market Update, the NSE MidCap Index was up by 0.41 percent and the NSE SmallCap Index was higher by 0.98 percent.

Top Gainers

TATAMOTORS by 7.49% to Rs 187.30. ,HINDALCO by 5.28% to Rs 216.35,BHARTIARTLby 2.97% to Rs 343.00,WIPRO by 2.69% to Rs 261.65,MARUTI by 2.51% to Rs 6,840.00.

Top Losers

ZEEL By -3.28% to Rs 430.90, UPL by -2.80% to Rs 932.00,EICHERMOT by -2.59% to Rs 20,015.00, IOC by -2.55% to Rs 158.70.,INDUSINDBK by -2.23% to Rs.1,740.35.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session, After The company's British luxury car unit Jaguar Land Rover (JLR) on Friday reaffirmed expectations of a financially better fourth quarter.

ZEEL is the top loser in today's market, The company was under the selling pressure in today’s market trade, The stock was down around 3.3 %.

Key Market News

  • Non-performing loan ratio of banking sector improves in 9MFY19: Fitch
  • The Central Board of Direct Taxes (CBDT) raises alarm as FY19 direct tax collection falls short by 15%
  • Basmati rice export is projected to hit a record level of Rs 30,000 crore or nearly $4.28 billion (at Rs 70 a dollar) this season. In addition, shippers are getting a higher realization vis-à-vis their procurement cost
  • Hindustan Petroleum Corporation will be replaced by Britannia Industries in the Nifty50.
  • India's current account deficit (CAD) came in at USD16.9b (2.5% of GDP) in 3QFY19 as against USD13.7b (2.1% of GDP) in the year-ago quarter.
  • Indian Fiscal deficit crosses 134% of budget estimate at Feb-end.
  • India's foreign exchange reserves surge for the third week in a row, adding $1.029 billion at $406.667 billion in the week to March 22.
  • The government is looking to raise Rs 4.42 lakh crore through market borrowings in the first half of 2019-20, finance secretary Subhash Chandra Garg said on March 29.
  • Foreign portfolio investors (FPIs) sold Rs 86 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 1,724 crore.

Stocks To Watch

BHEL is on the upside while DABUR is on the downside.

BHEL is currently quoting at Rs.75.95 up by Rs 1.00 or 1.33% from its previous closing of Rs.74.95 on the NSE. The scrip opened at Rs.75.45 & has touched a high & low of Rs.77.85 and Rs. 74.80. respectively. So far 2,51,56,745(NSE) shares were traded on the counter. The current market cap of the company is Rs 26,428.86Cr. The NSE/BSE group stock has touched a 52 week high of Rs.91.15 on 12-APR-2018 & a 52 week low of Rs.56.20 on 05-FEB-2019.

DABUR is currently quoting at Rs.400.55 down by Rs.-8.25 or -2.02% from its previous closing of Rs.408.80 on the NSE. The scrip opened at Rs.410.05 & has touched a high & low of Rs.411.35 and Rs.399.10 respectively. So far 59,07,663(NSE) shares were traded on the counter. The current market cap of the company is Rs 70,916.59Cr. The BSE/NSE group stock has touched a 52 week high of Rs 490.65 on 27-AUG-2018 & a 52 week low of Rs 326.20 on 02-APR-2018.

 

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