Share Market News: Today’s Nifty & Sensex Updates

Share Market News

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 todays 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 Russias 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 Indexs 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 days 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 Indexs 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 IMDs 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.
  • Indias 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 Indexs 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 days 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 Indexs 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 Indexs 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 days 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 companys 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 Indexs 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 days 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 Indexs 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 Indexs 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 days 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 Indexs 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 OPECs 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

RBIs 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 Indexs 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 Indexs 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 todays 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 Indexs 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 Indexs 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. Tomorrows 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, MPCs 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.
  • Indias 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 Indexs 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 Indexs 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, MPCs 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 markets 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 firms 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 banks 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 Indexs 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 days 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 indexs 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 todays 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--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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Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

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