Share Market News: Today’s Nifty & Sensex Updates

Share Market News

Share Market News 20-March-2019

Sensex, Nifty halts a seven-day rally

Indian share market started Flat, with Nifty below 11,500 level. The Sensex was up 9.74 points at 38373.21, while Nifty was up 0.90 points at 11533.30. the sectoral indices compiled by NSE advanced, led by the NSE Nifty Realty Indexs 1.47 percent gain. While, the NSE Nifty Media Index was the top sectoral loser, down 1.3 percent. However, gains were capped as Asian shares fell across the board in line with the overnight drop in US stocks. Rising crude oil prices too worried investors.

In the afternoon session, the Indian share market index Nifty was sustaining above 11500 Mark as HDFC Bank & Infy were holding the Indices. The Sensex was up by 84.80 points or 0.22% at 38,448.27 and the Nifty was up by 11.40 points or 0.10% at 11,543.80. Among sector It & Reality were trading in green While, Media, Energy & Auto were in red. In a Broder Market, NSE mid-cap was down by 0.08% and smallcap indices were trading higher by 0.08%, respectively.

Nifty Update in the last hour of trade, Nifty was trading at 11542.15. Indian share market indices ended mixed after they remained range-bound throughout the session. The Sensex was up 23.28 points at 38386.75, while Nifty was down 11.40 points at 11521. Among Sector compiled by NSE advanced, led by the Nifty Realty Indexs 2.43 percent rally. While, the Nifty Media Index was the top sectoral loser, down 3.38 percent. The broader Market Update, the NSE MidCap Index was down by 0.50 percent and the NSE SmallCap Index was lower by 0.30 percent. The market took a breather amid weak global cues driven by sell-off ahead of the Fed meeting. The Nifty index traded in a narrow range and closed on a flat note.

Top Gainers

IBULHSGFIN by 5.09% to Rs 733.50. ,HINDALCO by 2.40% to Rs 207.20, INFY by 2.15% to Rs 737.80,DRREDDY by 1.81% to Rs 2,757.85,LT by 1.70% to Rs 1,381.00.

Top Losers

HINDPETRO By -5.52% to Rs 274.70, ZEEL by -5.10% to Rs 442.00, BPCL by -4.98% to Rs 387.50,NTPC by -3.67% to Rs 129.95.,ONGC by -2.87% to Rs.152.50.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session after The GST Council has declared the change in the rate of unsold housing inventories will benefit the overall housing industry.

HINDPETRO is the top loser in today's market, OMCS has witnessed a strong selling in today's trade, Hind Petro was the top loser, Down by 5.52%.

Key Market News

  • Negotiators for the U.S. and China have scheduled a new round of high-level trade talks in Beijing and Washington, aiming to close a deal by late April to end the yearlong dispute between the worlds two largest economies
  • As per media sources, international weather monitoring agencies have forecast >50% probability of El Nio coinciding with the Indian monsoon season 2019.
  • Venezuela has suspended its oil exports to India and views Russia and China as its main export destinations, the Azeri energy ministry foresaid on Tues, citing Venezuela's oil minister.
  • All residential buildings not completed before March 31, 2019, can have a choice to settle on between the old goods and service tax (GST) and the new regime declared last month. The new regime, that provides a lower GST rate but without the input tax credit, will be mandatory for all new projects launched after April 1.
  • Foreign portfolio investors (FPIs) bought Rs 2,132.36 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 1,253.67 crore, data suggested.

Stocks To Watch

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

INFY is currently quoting at Rs.737.80 up by Rs 15.55 or 2.15% from its previous closing of Rs.722.25 on the NSE. The scrip opened at Rs.727.25 & has touched a high & low of Rs.742.30 and Rs. 727.15. respectively. So far 1,34,71,173(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,22,645.59Cr. 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&M is currently quoting at Rs. 679.40 down by Rs.-10.00 or -1.45% from its previous closing of Rs.689.40 on the NSE. The scrip opened at Rs.689.00 & has touched a high & low of Rs.694.35 and Rs.676.15 respectively. So far 23,69,729(NSE) shares were traded on the counter. The current market cap of the company is Rs 84,667.63Cr. The BSE/NSE group stock has touched a 52 week high of Rs 993.00 on 29-AUG-2018 & a 52 week low of Rs 615.60 on 18-FEB-2019.

Share Market News 19-March-2019


Sensex in Seventh Heaven, Nifty reclaims 11,500 Mark

Indian share market started higher on Tuesday, with Nifty hovering around 11,500 level. The Sensex was up 108.79 points at 38203.86, while Nifty was up 18.80 points at 11481 All the sectoral indices compiled by NSE advanced, led by the Nifty Pharma Indexs 0.74 percent gain. While, the Nifty Auto Index was the top sectoral loser, down 0.6 percent. Investors will keep an eye on the GST Council meeting that will be held later today, where it is expected that various issues including the implementation of lower GST rates for the real estate sector will be taken up.

In the afternoon session, the Indian share market indices have erased some of its morning gains. The Sensex was up by 41.30 points or 0.11% at 38,136.37 and the Nifty was up by 9.45 points or 0.11% at 11,471.65. Among sector PSU bank, Pharma, Metal were trading in green While, Auto, Infra & IT were in red. In a Broder Market, NSE mid-cap was up by 0.66% and smallcap indices were trading higher by 1.05%, respectively.

Nifty Update in the last hour of trade, Nifty was trading above 11,500 level. bull run continues on the Dalal Street, Indian share market indices finished higher for the 7th consecutive day. the Sensex was up 268.40 points at 38363.47, while Nifty was up 70.20 points at 11532.40. Among Sector compiled by NSE advanced, led by the Nifty PSU Bank Indexs 1.87 percent rally. While, the Nifty Auto Index was the top sectoral loser, down 0.7 percent. The broader Market Update, the NSE MidCap Index was up by 0.69 percent and the NSE SmallCap Index was higher by 1.00 percent. Given the recent run-up, we believe the market may take a pause in the near term despite improving domestic sentiment. On the global front, the outcome of US Fed meeting and its commentary on the economic outlook going forward will be closely monitored by the investors. Further, uncertainty regarding Brexit deal (as the third vote on the deal was blocked) could also influence investor sentiments. We advise market participants to focus on fundamentally sound stocks and utilize any correction to build a long-term portfolio.

Top Gainers

HCLTECH by 2.84% to Rs 1,040.75. ,INFRATEL by 2.80% to Rs 327.00, INFY by 2.21% to Rs 725.90,RELIANCE by 2.07% to Rs 1,378.00,ITC by 2.03% to Rs 299.70.

Top Losers

EICHERMOT By -2.66% to Rs 21,660.00, JSWSTEEL by -2.29% to Rs 288.20, HERMOTOCO by -2.04% to Rs 2,615.00,LT by -1.37% to Rs 1,359.95.,MARUTI by -1.35% to Rs.6,816.00.

Analysis Of Top Gainer And Loser

HCLTECH is the top gainer in today's market session after the company entered into an arrangement with Xerox pursuant to which Xerox will outsource certain global administrative and support functions.

EICHERMOT is the top loser in today's market, Indian automotive manufacturer Eicher Motors has decided to end its equal joint venture (Eicher Polaris) with US-based Polaris Industries, The company has cited poor sales performance of Eicher Polaris first vehicle Multix for the closure decision aimed for both familial and business purposes.

Key Market News

  • Foreign portfolio investors (FPIs) bought Rs 1,822.99 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 1,268.91 crore, data suggested.
  • The dollar was under pressure on Tuesday, weighed by growing expectations the Federal Reserve would shift to an additional accommodative policy stance this week.
  • As per some media reports, the price of domestic gas may go up by 18% from the current $3.36/mmbtu from April.

Stocks To Watch

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

ESCORT is currently quoting at Rs.813.75 up by Rs 27.65 or 3.52% from its previous closing of Rs.786.10 on the NSE. The scrip opened at Rs.789.90 & has touched a high & low of Rs.816.00 and Rs. 785.30. respectively. So far 31,43,560(NSE) shares were traded on the counter. The current market cap of the company is Rs 9,971.63Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,017.70 on 02-MAY-2018 & a 52 week low of Rs.541.00 on 08-OCT-2018.

M&MFIN is currently quoting at Rs. 417.05 down by Rs.-12.50 or -2.91% from its previous closing of Rs.429.55 on the NSE. The scrip opened at Rs.431.60 & has touched a high & low of Rs.431.60 and Rs.415.65 respectively. So far 24,17,850(NSE) shares were traded on the counter. The current market cap of the company is Rs 25,760.80Cr. 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 18-March-2019

A Volatile Day ended with nifty above 11,450; Sensex Ends At Over Six-Month High.

Indian share market started positively on Monday morning, with Nifty opened above 11,500 level. The Sensex was up 288.20 points at 38,312.52, while Nifty was up 75.40 points at 11,502.30. All the sectoral indices compiled by NSE advanced, led by the Nifty Private Bank Indexs 1.39 percent gains. While, the NSE Nifty Phar am Index was the top sectoral loser, down 0.56 percent. The Rupee opened higher against the U.S. dollar. The home currency appreciated as much as 0.3 percent to 68.86, the highest in over seven months.

In the afternoon session, the Indian share market indices have erased some of its morning gains. The Sensex was up by 97.32 points or 0.26% at 38,121.64 and the Nifty was up by 30.20 points or 0.26% at 11,457.05. Among sector reality, energy & banks were trading in green While, Auto, Pharma & metal were in red. In a Broder Market, NSE mid-cap was down by 0.27% and smallcap indices were trading higher by 0.02%, respectively.

Nifty Update in the last hour of trade, Indian share market indices erased all its day's gain and was trading flat with Nifty slipped below 11,450 level. The last hour buying had helped Indian share market to close in the green. the Sensex was up 70.75 points at 38095.07, while Nifty was up 35.30 points at 11462.20. Among Sector compiled by NSE advanced, led by the Nifty Realty Indexs 2.8 percent gain. While, the Nifty Auto Index was the top sectoral loser, down 1.4 percent. The broader Market Update, the NSE MidCap Index was down by 0.27 percent and the NSE SmallCap Index was higher by 0.15 percent. The market failed to hold the opening momentum as profit booking emerged after the recent sharp rally. Liquidity situation is improving and the rupee continued to gain strength while domestic 10-year yield fell. Auto index dragged the most due to mixed demand and higher inventory levels. On the other hand, investors are awaiting Fed policy later in the week to get more cues about global market movement.

Top Gainers

IOC by 3.65% to Rs 163.10. ,HINDPETRO by 3.45% to Rs 286.50, BAJFINANCE by 2.77% to Rs 2,940.00,RELIANCE by 2.64% to Rs 1,356.50,AXISBANK by 2.63% to Rs 754.40.

Top Losers

MARUTI By -2.57% to Rs 6,902.00, HEROMOTOCO by -2.37% to Rs 2,671.00, WIPRO by -2.33% to Rs 257.30,BHARTIARTL by -2.32% to Rs 329.85.,EICHERMOT by -1.45% to Rs.22,285.00.

Analysis Of Top Gainer And Loser

IOC is the top gainer in today's market session, IOC has witnessed good buying interest in todays market trade, Surged nearly 4 %.

MARUTI is the top loser in today's market, The countrys largest carmaker cut production by a quarter over the March last year due to slowing demand for passenger vehicles in India,Maruti Suzuki is estimated to have cut production to about 1.26 lakh units, compared to more than 1.72 lakh units a year ago, a reduction of nearly 27 percent.

Key Market News

  • According to media sources, the Ministry of Commerce is considering a proposal to hike customs duty on raw materials (such as compressors, pre-coated steel sheet, copper tubes) used in home appliances like air conditioners, refrigerators, washing machines, and microwave ovens.
  • Indias merchandise trade deficit fell to USD9.6b in Feb19 from USD12.3b in the year-ago month and an average of USD15.7b during the last six months.
  • US Fed to review policy on March 19-20.
  • Japans exports fell for a third straight month in February, Dropped 1.2 percent year-on-year.
  • Foreign portfolio investors (FPIs) bought Rs 4,323.49 crore worth of domestic stocks on Friday, DIIs were net sellers to the tune of Rs 2,130.36 crore.

Stocks To Watch

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

BEML is currently quoting at Rs.998.00 up by Rs 32.75 or 3.39% from its previous closing of Rs.965.25 on the NSE. The scrip opened at Rs.970.00 & has touched a high & low of Rs.1,013.45 and Rs. 969.00. respectively. So far 41,54,917(NSE) shares were traded on the counter. The current market cap of the company is Rs 4,144.25Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,198.40 on 15-MAY-2018 & a 52 week low of Rs.521.25 on 26-OCT-2018.

INFY is currently quoting at Rs. 709.50 down by Rs.-9.05 or -1.26% from its previous closing of Rs.718.55 on the NSE. The scrip opened at Rs.721.55 & has touched a high & low of Rs.723.70 and Rs.705.35 respectively. So far 80,65,544(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,10,084.91Cr. The BSE/NSE 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.

Share Market News 12-March-2019

Banking Stocks On Fire, Pushes Markets To New Highs

Indian equity benchmarks continued its upward momentum on the second day, with Nifty opened above 11,200 level. The Sensex was up 291.67 points at 37345.77, while Nifty was up 80.50 points at 11248.50. All the sectoral indices compiled by NSE advance, led by the NSE Nifty Metal Indexs 0.93 percent gains. The Indian rupee strengthened in open against the U.S. dollar. The home currency appreciated as much as 0.29 percent to 69.68 against the greenback. Overnight, US shares rebounded from a week-long losing streak, with the news that Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion.

In the afternoon session, the Indian equity benchmark was trading higher. The Sensex was up by 398.03 points or 1.07% at 37452.13 and the Nifty was up by 118.20 points or 1.06% at 11286.25. All sector complied in NSE were trading in green led by Reality, Pharma & Energy. In a Broder Market, NSE mid-cap was up by 0.87% and smallcap indices were trading higher by 1.11%, respectively.

In the last hour of trade, Nifty was trading at 11,270 level. Indian equity benchmarks Indices ended on a strong note, Bulls took charge on the Dalal Street as benchmark indices rose for the two consecutive days. The Sensex was up 481.56 points at 37535.66, while Nifty was up 133.20 points at 11301.20. Among Sector compiled by NSE ended higher, led by the Nifty Realty Indexs 2.6 percent rally. While, the NSE Nifty PSU Bank was the top sectoral loser, down 0.19 percent. In the broader Market, the NSE MidCap Index was up by 0.46 percent and the NSE SmallCap Index grew by 1.30 percent. With a host of good businesses available at reasonable valuations and attractive price points, the broader market is pulling in investors, who were sitting on the sidelines, to accumulate/buy with a stronger degree of conviction. Central banks across the globe have been adopting a softer stance and with low inflation & declining interest rate scenario in India and an expected earnings recovery on the cards, there is an expectation that Indian equities receive reasonable foreign money allocations.

Top Gainers

BHARTIARTL by 5.00% to Rs 350.50. ,ICICIBANK by 3.42% to Rs 388.70, INDUSINDBK by 3.24% to Rs 1,563.70, LT by 3.15% to Rs 1,389.00, ADANIPORTS by 2.85% to Rs 361.30.

Top Losers

EICHERMOT By -2.62% to Rs 22,369.90, BAJFINANCE by -1.36% to Rs 2,753.00, INFRATEL by -1.16% to Rs 316.00,HINDPETRO by -0.91% to Rs 261.00.,JSWSTEEL by -0.87% to Rs.290.10.

Analysis Of Top Gainer And Loser

BHARTIARTL is the top gainer in today's market session, the Department of Telecom (DoT) will shortly ask Bharti Airtel and Tata Teleservices to collectively pay around | 15,000 crores as dues related to pending license fees, spectrum usage charges, Bharti Airtel will likely fight this demand in court as the definition of AGR (basis of calculation of levies) is still pending in the court.

EICHERMOT is the top loser in today's market, Analyst expects pain for CVs to continue in the coming months. There had been a buildup of unsold inventory, The RBI rate cut had also failed to lift buyers sentiment. Looming general elections is another concern.

Key Market News

  • In a major overhaul of oil and gas exploration permits, the govt wouldn't charge any share of profit on the hydrocarbons created from less explored areas, because it appeared to attract the elusive personal and foreign investment to boost domestic output.
  • The Goods and Services Tax (GST) Council is scheduled to meet on March 19 to finalize guidelines to support the changed tax rate structure for under construction houses.
  • The National Stock Exchange (NSE) had launched the weekly options on the NIFTY IT Index.
  • Foreign portfolio investors (FPIs) bought Rs 3,810.60 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 1,955.55 crore.
  • U.K. Gross Domestic Product (GDP) MoM reported 0.5%.

Stocks To Watch

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

ESCORT is currently quoting at Rs.798.10 up by Rs 57.50 or 7.76% from its previous closing of Rs.740.60 on the NSE. The scrip opened at Rs.748.50 & has touched a high & low of Rs.806.70 and Rs. 745.00. respectively. So far 57,22,488(NSE) shares were traded on the counter. The current market cap of the company is Rs 9,782.25Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,017.70 on 02-MAY-2018 & a 52 week low of Rs.541.00 on 08-OCT-2018.

M&MFIN is currently quoting at Rs. 437.60 down by Rs.-8.40 or -1.88% from its previous closing of Rs.446.00 on the NSE. The scrip opened at Rs.447.25 & has touched a high & low of Rs.453.00 and Rs.436.65 respectively. So far 13,29,242(NSE) shares were traded on the counter. The current market cap of the company is Rs 27,085.90Cr. 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 11-March-2019

Pri Poll Rally Push MarketsTo Near Six-Month High

Indian equity benchmarks started on a positive note, Nifty inching towards 11,100 Mark. The Sensex was up 212.54 points at 36883.97, while Nifty up 68.90 points at 11104.30. All the sectoral indices were trading in green. The Indian rupee strengthened in open against the U.S. dollar. The home currency appreciated as much as 0.23 percent to 69.98 against the greenback. Asian markets struggled after US employment data raised concern about the strength of the global economy.

In the afternoon session, the Indian equity benchmark was trading higher. The Sensex was up by 299.10 points or 0.82% at 36970.53 and the Nifty was up by 105.20 points or 0.95% at 11140.60. All sector complied in NSE were trading in green led by PSU Bank, Metal & Energy. In a Broder Market, NSE mid-cap was up by 1.65% and smallcap indices were trading higher by 1.63%, respectively.

In the last hour of trade, Indian equity benchmarks Indices was trading at day high, Nifty was at 11,150 level. Indian equity benchmarks Indices ended on a strong note, bulls took charge of the Dalal Street with Sensex closed above 37,000, while Nifty finished above 11,150 mark. The Sensex was up 382.67 points at 37054.10, while Nifty was up 132.60 points at 11168. Among Sector compiled by NSE ended higher, led by the Nifty Metal Indexs 2.78 percent rally. While, the NSE Nifty IT Index was the only sectoral loser, down 0.23 percent. In the broader Market, the NSE MidCap Index was up by 2.14 percent and the NSE SmallCap Index grew by 2.38 percent. The recent surge is largely reflecting buoyancy on the local front despite signs of a slowdown in the global economy. The breakout in the benchmark index, after a four-month-long consolidation phase, has further boosted sentiment. Amid all, we feel stock selection is the key, as participation is limited mainly to the quality counters. Nifty has the potential of testing 11,300-11,400 zone in the near future.

Top Gainers

BHARTIARTL by 8.42% to Rs 334.70. ,HINDPETRO by 5.54% to Rs 263.70, BPCL by 5.31% to Rs 386.85, EICHERMOT by 4.79% to Rs 22,917.80, INFRATEL by 4.34% to Rs 318.75.

Top Losers

NTPC By -0.95% to Rs 150.75, TCS by -0.52% to Rs 2,012.10, ZEEL by -0.52% to Rs 452.75,HCLTECH by -0.51% to Rs 1,003.95.,TECHM by -0.51% to Rs.807.25.

Analysis Of Top Gainer And Loser

BHARTIARTL is the top gainer in today's market session, The Singapore governments investment arm GIC Pvt Ltd will invest Rs 5,000 crore ($700 million) to pick up around 4% stake in Bharti AirtelNSE 8.13 % by subscribing to the telcos Rs 25,000 crore rights issue.

NTPC is the top loser in today's market, The 705-megawatt (MW) Badarpur plant, which began operations in 1973, came in NTPCs fold in 2003, but as pollution concerns gripped the capital in the last decade, it was forced to shut down one unit after another. The state-owned power generator shut the last two units fourth and fifth of 210 MW each in October last year under a Supreme Court order over environmental worries from the burning of the coal. The first three units of the plant were of 95 MW each.

Key Market News

  • The Government of Odisha has hiked excise duties on various liquors increasing prices by 10% to 125%. IMFL, gin, rum, brandy, vodka, and other liquors have been hiked to 400 per LPL from 360. India made beer with alcohol content of above 5% but below 8% has been amended to 55 from 50 per bottle.
  • U.S. employment growth was seen hampered in February, with the economy creating only 20,000 jobs, signifying the signs of a sharp slowdown in economic activity in the first quarter.
  • From April 11 to May 19, about 90 crore people will cast their votes to elect their representatives to the Lok Sabha elections in seven phases. The Election Commission (EC) announced on Sunday that the counting of votes would take place on May 23. the present term of Lok Sabha will end on June 3.
  • Foreign portfolio investors (FPIs) bought Rs 1,095 crore worth of domestic stocks on Friday, DIIs were net sellers to the tune of Rs 470 crore.

Stocks To Watch

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

GRASIM is currently quoting at Rs.827.10 up by Rs 20.05 or 2.48% from its previous closing of Rs.807.05 on the NSE. The scrip opened at Rs.809.00 & has touched a high & low of Rs.831.95 and Rs. 808.25. respectively. So far 12,43,730(NSE) shares were traded on the counter. The current market cap of the company is Rs 54,393.25Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,131.00 on 15-MAR-2019 & a 52 week low of Rs. 689.10 on 15-FEB-2018.

INFY is currently quoting at Rs. 710.95 down by Rs.-1.40 or -0.20% from its previous closing of Rs.712.35 on the NSE. The scrip opened at Rs.713.30 & has touched a high & low of Rs.718.50 and Rs.709.40 respectively. So far 99,30,706(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,10,915.01Cr. The BSE/NSE 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.

Share Market News 07-March-2019

Nifty ends flat, Sensex up 89 points; PSU banking stocks shine.

Indian equity benchmarks edged higher in early trade, with Nifty trading above 11,050 level. The Sensex was up 45.83 points at 36681.93, while Nifty was up 4.40 points at 11057.40. Among Sector metal index was under pressure with 1 percent cut, followed by auto, pharma and PSU Bank, while some buying was seen in the energy, infra, FMCG and IT. The Indian rupee opened higher against the U.S. dollar. The home currency strengthened past 70 against the greenback for the first time since January.

In the afternoon session, the Indian equity benchmark was trading lower. The Sensex was up by 16.25 points or 0.04% at 36652.35 and the Nifty was down by 11.50 points or 0.10% at 11041.50. Among sector FMCG, Infra, PSU bank were trading in green. While Media, Metal & IT were trading in Red. In a Broder Market, NSE mid-cap was down by 0.14% and smallcap indices were trading lower by 0.36%, respectively.

In the last hour of trade, Indian equity benchmarks Indices was trading at day high, Nifty was at 11,070 level. Indian equity benchmark ended higher for the fourth consecutive trading session, Nifty finished around 11,050 level. The Sensex was up 89.32 points at 36725.42, while Nifty was up 5.20 points at 11058.20. Among Sector compiled by NSE fell, led by the NSE Nifty Media Indexs 1.85 percent fall. While, the NSE Nifty PSU Bank Index was the top sectoral gainer, up 1.4 percent. In the broader Market, the NSE MidCap Index was down by 0.30 percent and the NSE SmallCap Index decline by 0.34 percent. With no major event on the local front, we believe global cues will continue to dictate market trend. Though the recent rise in benchmark combined with a recovery in broader markets has eased some pressure, we're not completely out of woods yet. Banking looks strongest amongst the sectoral indices while indications are mixed from others. We suggest keeping the focus on stock selection and maintaining a balanced portfolio.

Top Gainers

LT by 2.51% to Rs 1,350.00. ,M&M by 1.96% to Rs 671.80, AXISBANK by 1.89% to Rs 734.25, SBIN by 1.38% to Rs 281.95, POWERGRID by 1.33% to Rs 186.95.

Top Losers

IOC By -3.45% to Rs 149.55, COALINDIA by -3.42% to Rs 234.45, ZEEL by -3.16% to Rs 456.00,WIPRO by -3.05% to Rs 269.00.,NTPC by -2.25% to Rs.145.60.

Analysis Of Top Gainer And Loser

LT is the top gainer in today's market session ,As Larsen & Toubro (L&T) arm has bagged contracts from multiple clients in the domestic market did not provide the exact value of the contract; but as per its project classification, the value of the contracts were in large category which is in the range of Rs 2,500 to Rs 5,000 crore.

IOC is the top loser in today's market, OMCs were trading in the red in Thursday's session keeping their sectoral index on BSE in the negative zone. IOC was a top loser with -3.45% closed at 149.55.

Key Market News

  • US trade deficit surges to a 10-year high in 2018 at $621 bn.
  • As per ISMA estimates, the countrys sugar output has increased 6.9% YoY to 24.77 million tonnes (MT) till February in the marketing year through September
  • Direct tax revenue totaled Rs 8.4 lakh cr so far this FY, CNBC-TV18 reported citing government officials. The collection is expected to fall Rs 60,000-70,000 cr short of FY revised direct tax revenue aim.
  • US FDA Chief's exit could impact Indian pharma into uncertainty on what would be the stance of the next commissioner on generics drug pricing, the pace of approvals and regulatory inspections.
  • Foreign portfolio investors (FPIs) bought Rs 1,130.78 crore worth of domestic stocks on Wednesday, DIIs were net sellers to the tune of Rs 878.45 crore.
  • U.S. Crude Oil Inventories reported 7.069M, way higher than the expectation of 1.203M.

Stocks To Watch

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

AXISBANK is currently quoting at Rs.734.25 up by Rs 13.65 or 1.89% from its previous closing of Rs.720.60 on the NSE. The scrip opened at Rs.720.75 & has touched a high & low of Rs.739.45 and Rs. 720.75. respectively. So far 1,12,63,734(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,88,247.04Cr. The NSE/BSE group stock has touched a 52 week high of Rs.739.45 on 07-MAR-2019 & a 52 week low of Rs. 481.25 on 27-APR-2018.

RBLBANK is currently quoting at Rs. 624.75 down by Rs.-2.75 or -0.44% from its previous closing of Rs.627.50 on the NSE. The scrip opened at Rs.628.85 & has touched a high & low of Rs.632.40 and Rs.617.45 respectively. So far 32,13,214(NSE) shares were traded on the counter. The current market cap of the company is Rs 26,546.68Cr. The BSE/NSE group stock has touched a 52 week high of Rs 651.95 on 29-AUG-2018 & a 52 week low of Rs 438.20 on 23-OCT-2018.

Share Market News 06-March-2019

Market Hold Gains, Nifty ends above 11,050

Indian equity benchmarks opened strong, with Nifty above 11000 level. The Sensex was up 158.64 points at 36601.18, while Nifty was up 47.10 points at 11034.60. Among Sector compiled by NSE advanced, led by the NSE Nifty FMCG Indexs 0.98 percent gain. The broader markets continued their outperformance for a fifth straight session with BSE midcap and smallcap rising about 0.6%. The Indian rupee opened lower against the U.S. dollar. The home currency depreciated as much as 0.16 percent to 70.6 against the greenback.

In the afternoon session, the Indian equity benchmark was trading higher. The Sensex was up by 141.95 points or 0.39% at 36584.49 and the Nifty up by 48.40 points or 0.44% at 11035.85. Among sector PSU bank, Energy & reality were trading in green. While Media & auto were trading in Red. In a Broder Market, NSE mid-cap was up by 0.81% and smallcap indices were trading higher by 1.11%, respectively.

In the last hour of trade, Indian equity benchmarks Indices continued to trade higher, Nifty was at 11,030 Mark. Indian equity benchmarks ended higher for the third consecutive day with Nifty closed above 11,050. The Sensex was up 193.56 points at 36636.10, while Nifty was up 65.50 points at 11053. Among Sector compiled by NSE advanced, led by the Nifty Pharma Indexs 1.1 percent rally. While, the Nifty Media Index was the top sectoral loser, down 1.3 percent. In the broader Market, the NSE MidCap Index was up by 0.58 percent and the NSE SmallCap Index grew by 0.73 percent. Despite mixed global cues, D-street opened in the green and kept their momentum throughout the day. The broader market has been strong this week, as the correction in small and midcap stocks are way overdone, hence, serious buying is emerging in these counters.

Top Gainers

BPCL by 2.84% to Rs 372.80. ,BAJFINANCE by 2.63% to Rs 2,766.00, ICICIBANK by 2.20% to Rs 371.25,HINDALCO by 2.14% to Rs 203.00, VEDL by 2.09% to Rs 178.60.

Top Losers

ZEEL By -2.80% to Rs 470.90, TATAMOTORS by -2.40% to Rs 189.40, IBULHSGFIN by -1.94% to Rs 725.60,AXISBANK by -1.76% to Rs 719.20.,HINDUNILVR by -1.43% to Rs.1,700.00.

Analysis Of Top Gainer And Loser

BPCL is the top gainer in today's market session After The report released stating that BPCL Kochi Refineries is expecting around 16% increase in its turnover in another three years with the completion of its second petrochemical project.

ZEEL is the top loser in today's market After the news confirmed that Kartik Mahadev has joined ZEE Entertainment Enterprises Ltd (ZEEL) as marketing head - English Cluster. Prior to this, Mahadev was working as the VP, head of marketing in Star Sports.

Key Market News

  • The US Federal Reserve is planning to impose stricter rules on foreign bank branches so as to tighten what critics say is a loophole that has allowed overseas lenders to shield assets from the toughest US bank rules.
  • The unemployment rate in India rose to 7.2 percent in February 2019, up from 5.9 percent in February 2018.According to the report of CMIE.
  • The Reserve Bank of India (RBI) on Tuesday said it would infuse Rs12,500 crore into the financial system through open market operations.
  • Foreign portfolio investors (FPIs) bought Rs 752 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 581 crore.
  • U.K. Services Purchasing Managers Index (PMI) reported 51.3.
  • Australia Gross Domestic Product (GDP) QoQ reported 0.2% lower than the expectation of 0.5%.

Stocks To Watch

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

ICICIBANK is currently quoting at Rs.371.25 up by Rs 8.00 or 2.20% from its previous closing of Rs.363.25 on the NSE. The scrip opened at Rs.365.25 & has touched a high & low of Rs.372.85 and Rs. 365.25. respectively. So far 3,14,36,190(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,39,437.74Cr. The NSE/BSE group stock has touched a 52 week high of Rs.383.55 on 09-JAN-2019 & a 52 week low of Rs. 256.50 on 16-JUL-2018.

YESBANK is currently quoting at Rs. 235.05 down by Rs.-2.40 or -1.01% from its previous closing of Rs.237.45 on the NSE. The scrip opened at Rs.238.10 & has touched a high & low of Rs.240.65 and Rs.232.95 respectively. So far 2,46,58,589(NSE) shares were traded on the counter. The current market cap of the company is Rs 54,432.76Cr. The BSE/NSE group stock has touched a 52 week high of Rs 404.00 on 20-AUG-2018 & a 52 week low of Rs 146.75 on 29-NOV-2018.

Share Market News 05-March-2019


Midcaps Drive Markets To Clock To The Best Two Day Rally In A Month

Indian equity benchmarks opened lower, with Nifty below 10,850 level. However, the broader markets showed some strong momentum as compared to benchmark indices, The Sensex was down 99.39 points at 35964.42, while Nifty was down 32.10 points at 10831.40. Among Sector compiled by NSE fell, led by the Nifty IT Indexs 0.49 percent decline. While, the NSE Nifty Metal Index was the top sectoral gainer, up 0.56 percent. The weakness was captured in the IT stocks, Led by TECHM down by 2.20%.

In the afternoon session, the Indian equity benchmark was trading higher on the back of the auto stock lead by Tata motors up by 5.66%. The Sensex was up by 55.09 points or 0.15% at 36118.90 and the Nifty up by 23.30 points or 0.21% at 10886.80. Among sector Metal, Auto, Reality & PSU bank were trading in green. While, IT, FMCG were trading in Red. In a Broder Market, NSE mid-cap was up by 1.51% and smallcap indices were trading higher by 2.34%, respectively.

In the last hour of trade, Indian equity benchmarks Indices were trading at the days high, Nifty was at 10,930 Mark. Indian equity benchmarks closed strong on the first day of the week. The Sensex was up 378.73 points at 36442.54, while Nifty was up 124.00 points at 10987.50. Among Sector compiled by NSE advanced, led by the Nifty Auto Indexs 3.13 percent gain. While, the NSE Nifty IT Index was the only sectoral loser, down 1.16 percent. Extending their recent outperformance, the midcap and smallcap stocks surged today, the NSE MidCap Index was up by 2.37 percent and the NSE SmallCap Index grew by 3.94 percent. The buoyancy in market sentiment is clearly evident from the last few sessions, where mid and small caps have come to the fore and started to outperform. The premium valuations of mid and against large caps, post-correction have normalized and hence value buying seem to be emerging.

Top Gainers

IBULHSGFIN by 9.99% to Rs 739.05. ,EICHERMOT by 7.85% to Rs 21,515.10, TATAMOTORS by 7.38% to Rs 193.60,HINDPETRO by 6.42% to Rs 247.65, BPCL by 4.87% to Rs 362.90.

Top Losers

WIPRO By -3.50% to Rs 362.55, TECHM by -2.62% to Rs 810.00, INFY by -1.29% to Rs 732.30, ZEEL by -0.75% to Rs 482.70.,HINDUNILVR by -0.61% to Rs.1,724.05.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, The Company has witnessed a good buying interest in todays trade, the stock was Up by 9.99%

WIPRO is the top loser in today's market, Wipro said it has partnered with RiskLens to deliver quantitative cyber risk assessments to enterprise customers and government organizations. the services delivered through this partnership would meet the rising and urgent demand from enterprises for better insights into losses from cyber-attacks.

Key Market News

  • US President Donald Trump told that he would intend to end Indias preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty-free.
  • China has raised its budget deficit to 2.8 percent of GDP.
  • The china's Caixin/Markit services purchasing managers index (PMI) fell to 51.1, the lowest since October and down sharply from Januarys 53.6.
  • India's coffee exports rose 13.26% YoY to 48330 tonnes in January-February 2019. Out of the total, Robusta coffee exports increased by 28.42% to 34090 tonnes whereas Arabica coffee exports increased by 14.39% to 11156 tonnes
  • Foreign portfolio investors (FPIs) bought Rs 198.38 crore worth of domestic stocks on Friday, DIIs were net buyers to the tune of Rs 117.05 crore.
  • The Union Textile Ministry had launched a comprehensive Scheme for the development of the knitwear sector under PowerTex India.
  • The Nikkei India Services Business Activity Index rose to 52.5 last month from 52.2 in January.

Stocks To Watch

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

M&MFIN is currently quoting at Rs.430.15 up by Rs 18.70 or 4.54% from its previous closing of Rs.411.45 on the NSE. The scrip opened at Rs.411.20 & has touched a high & low of Rs.437.45 and Rs. 409.00. respectively. So far 33,80,156(NSE) shares were traded on the counter. The current market cap of the company is Rs 26,786.29Cr. 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.

INFY is currently quoting at Rs. 732.75 down by Rs.-9.15 or -1.23% from its previous closing of Rs.741.90 on the NSE. The scrip opened at Rs.740.50 & has touched a high & low of Rs.742.50 and Rs.730.25 respectively. So far 48,25,394(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,20,047.47Cr. The BSE/NSE 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.

Share Market News February-2019

Share Market Updates For 28-February-2019

Nifty Trims Gains Ahead of F&O Expiry, ends below 10,800

Indian equity benchmarks started strong, Nifty was trading around 10,850 level. the Sensex was up 139.66 points at 36045.09, while Nifty was up 40.90 points at 10847.60. Among Sector compiled by NSE advanced, led by the Nifty PSU Bank Indexs 0.54 percent gain. The market breadth was inclining in favor of the buyer, About 525 shares have advanced, 138 shares declined, and 33 shares are unchanged. The rupee today edged higher against US dollar, rising to 71.15 a dollar, as compared to its Wednesday's close of 71.24.

In the afternoon session, the Indian equity benchmark has erased some of its gains of early morning. The Sensex was up by 71.29 points or 0.20% at 35976.72 and the Nifty up by 18.85 points or 0.17% at 10825.50. Expect IT, All sector were trading in green led by Metals, FMCG, Pharma. In a Broder Market, NSE mid-cap was up by 0.27% and smallcap indices were trading higher by 0.57%, respectively. Indian volatility index was down by 4.39% at 18.07.

In the last hour of trade, Indian equity benchmarks Indices had rebounded from days low, Nifty was trading at 10840 Mark. Indian equity benchmarks ended lower on the F&O Expiry day. The Sensex was down 37.99 points at 35867.44, while Nifty was down 8.90 points at 10797.80. Among Sector compiled by NSE declined, led by the Nifty IT Index was the top sectoral losers, down 1.1 percent. While NSE Nifty Realty Indexs grew by 0.99 percent. the broader Market outperformed the benchmark indices, the NSE MidCap Index was up by 0.45 percent and the NSE SmallCap Index grew by 0.77 percent. The market continued the range bound movement due to F&O expiry while mid & small cap outperformed as investors believe that border tensions wont continue for long. Additionally, the focus is likely to shift to economic data and possibility of the pre-election rally while FIIs inflow is picking up and rupee is gaining strength.

Today's Top Gainers

ONGC by 5.43% to Rs 150.50. ,VEDL by 3.67% to Rs 170.70, COALINDIA by 3.32% to Rs 228.80,BPCL by 2.36% to Rs 338.50, GAIL by 2.17% to Rs 343.00.

Today's Top Losers

TCS By -3.62% to Rs 1,983.50, EICHERMOT by -2.87% to Rs 19,821.60, ULTRACEMCO by -2.03% to Rs 3,810.00, MARUTI by -1.96% to Rs 6,831.95.,HEROMOTOCO by -1.81% to Rs.2,630.00.

Analysis Of Top Gainer And Loser

ONGC is the top gainer in today's market session, The Company has applied for Environmental Clearance (EC) for drilling 406 wells in its Mehsana asset in Gujarat at a cost of Rs 2,403 crore to tap into 13.65 Million Tonne of crude oil.ONGC was recently given an environmental clearance to drill 200 wells across various fields in Sivasagar district of Assam at a cost of Rs 6,000 crore. It has notified 11 new oil and gas discoveries in the current fiscal so far.

TCS is the top loser in today's market, There are risks to consensus earnings estimate of TCS. The consensus estimate so far is of a near-double-digit revenue growth YoY in constant currency terms (CC) and flat growth in margins over FY19-21. Analysts see macro risks in Europe, which may impact the banking and financial services (BFS) and manufacturing verticals. Besides, the focus on tapping onshore digital capabilities poses risk to margins.

Key Market News

  • Foreign portfolio investors (FPIs) bought Rs 423 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 67 crore.
  • US President Donald Trump's demand to keep prices down despite that the Saudi energy minister said on Wednesday that they are inclining toward extending oil production cuts in the 2nd half of 2019.
  • China's official Purchasing Managers Index (PMI) fell to 49.2 in February, data showed on Thursday, the weakest level since February 2016.
  • South Koreas central bank kept interest rates steady.
  • A stricter framework providing an exemption from open offer requirements with respect to corporate debt restructuring activities has been planned by the regulator Sebi.
  • U.S. Crude Oil Inventories are -8.647M, forecasted 2.842M.

Stocks To Watch

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

HAVELLS is currently quoting at Rs.718.45 up by Rs 25.25 or 3.64% from its previous closing of Rs.693.20 on the NSE. The scrip opened at Rs.696.00 & has touched a high & low of Rs.718.50 and Rs. 695.55 respectively. So far 21,00,248(NSE) shares were traded on the counter. The current market cap of the company is Rs 44,693.17Cr. The NSE/BSE group stock has touched a 52 week high of Rs.754.25 on 07-FEB-2019 & a 52 week low of Rs. 483.65 on 02 -APR-2018.

AUROPHARMA is currently quoting at Rs. 710.70 down by Rs.-8.75 or -1.22% from its previous closing of Rs.719.45 on the NSE. The scrip opened at Rs.719.10 & has touched a high & low of Rs.726.90 and Rs.710.00 respectively. So far 28,30,605(NSE) shares were traded on the counter. The current market cap of the company is Rs 41,725.41Cr. The BSE/NSE 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.

Share Market News 27-February-2019

Sensex, Nifty end lower amid Indo-Pak tensions; swing over 600 points.

Indian equity benchmarks opened higher, Nifty hovering around 10,900 level. Asian shares were mostly higher today as investors watch the second summit between President Donald Trump and North Korean leader Kim Jong Un in Vietnam. The Sensex was up 216.17 points at 36189.88, while Nifty was up 52.20 points at 10887.50. Among Sector compiled by NSE advanced, led by the Nifty Metal Indexs 1.01 percent gain. While, the Nifty IT Index was the only sectoral loser, down 0.36 percent. The market breadth was inclining in favor of the buyer. Midcap and smallcap index were also trading with a 0.5 percent gain, respectively.

In the afternoon session, Indian equity benchmarks are witnessing the selling pressure from higher levels, As Pakistan Jet violates Indian air space in Kashmir. The Sensex was up by 205.34 points or 0.57% at 36179.05 and the Nifty grew by 45.70 points or 0.42% at 10881.00. Expect IT, All sector were trading in green led by PSU bank and Infra. In a Broder Market, NSE mid-cap was up by 0.62% and smallcap indices were trading higher by 1.07%, respectively.

In the last hour of trade, Indian equity benchmarks Indices were trading lower, Nifty was trading 10820 Mark. Indian equity benchmarks ended lower for the second day, as the market remained volatile throughout the day amid tension between India and Pakistan. the Sensex was down 68.28 points at 35905.43, while Nifty was down 28.60 points at 10806.70. Among Sector compiled by NSE ended lower, led by the Nifty Media Indexs 0.88 percent decline. While, the Nifty PSU Bank Index was the top sectoral gainer, up 0.52 percent. the broader Market outperformed the benchmark indices, the NSE MidCap Index was up by 0.40 percent and the NSE SmallCap Index grew by 0.20 percent.

Top Gainers

BHARTIARTL by 2.66% to Rs 323.85. ,ULTRACEMCO by 2.15% to Rs 3,870.00, LT by 1.51% to Rs 1,285.00,BAJAJ-AUTO by 1.46% to Rs 2,901.00, SUNPHARMA by 1.29% to Rs 441.35.

Top Losers

INFRATEL By -3.73% to Rs 296.50, VEDL by -3.30% to Rs 164.10, WIPRO by -3.28% to Rs 374.95, TATAMOTORS by -3.23% to Rs 176.75.,HINDUNILVR by -2.07% to Rs.1,735.50.

Analysis Of Top Gainer And Loser

BHARTIARTL is the top gainer in today's market session, Bharti Airtel has invited Vodafone Idea to form a JV as far as fiber assets are concerned. The report further says that Bharti Airtel in the final stages of getting approval for demerger of its fiber assets.

IBULHSGFIN is the top loser in today's market, Company has witnessed selling pressure in todays market trade, Stock was down by 3.37% at 296.50.

Key Market News

  • Reserve bank of India has removed Allahabad Bank, Corporation Bank, Dhanlaxmi Bank from the prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
  • The Centres fiscal deficit in the first ten months of the current fiscal stood at Rs 7.71 lakh crore or 121.5% of the full-year target (revised estimate), as there is slower-than-projected growth in tax receipts, according to data released by the Controller General of Accounts on Tuesday.
  • The Reserve Bank of India (RBI) on Tuesday said it would infuse Rs 12,500 crore into the system through open market operations.
  • Foreign portfolio investors (FPIs) bought Rs 1,674.17 crore worth of domestic stocks on Tuesday, DIIs were the net sellers to the tune of Rs 720 crore.
  • US President Donald Trump and North Korean leader Kim Jong Un will meet on Wednesday for their second summit, betting that their personal relationship can break a stalemate over the Norths nuclear weapons.

Stocks To Watch

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

BEML is currently quoting at Rs.835.10 up by Rs 11.95 or 1.45% from its previous closing of Rs.823.15 on the NSE. The scrip opened at Rs.826.30 & has touched a high & low of Rs.852.95 and Rs. 823.20 respectively. So far 28,48,163(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,481.48Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,418.55 on 05-MAR-2018 & a 52 week low of Rs. 521.25 on 26-OCT-2019.

INFOSYS is currently quoting at Rs. 734.50 down by Rs.-8.00 or -1.08% from its previous closing of Rs.742.50 on the NSE. The scrip opened at Rs.745.00 & has touched a high & low of Rs.746.40 and Rs.732.75 respectively. So far 59,36,126(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,20,964.89Cr. The BSE/NSE 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.

Share Market News 26-February-2019


Investors Turn Cautious Over Surgical Air Strike, Sensex Down by 239 Points

Indian equity benchmarks opened lower as geopolitical tension on Indo-Pak border has pulled the Nifty below 10,800. The Sensex was down 241.49 points at 35971.89, while Nifty was down 81.60 points at 10798.50. Top gainers were Bharti Infratel, Asian Paints and HCL Tech, while losers include Yes Bank, SBI, Indiabulls Housing, JSW Steel, ICICI Bank, Hindalco, Vedanta, Bajaj Finance and Rain Industries, Jet Airways, and Spicejet. The market breadth was inclining in favor of the seller.

In the afternoon session, Indian equity benchmarks Indices continued to trade lower. The Sensex was down by 282.96 points or 0.78% at 35930.42 and the Nifty declined by 79.65 points or 0.73% at 10800.45. Among sector expect Media everything was bleeding in red, Banks, Infra & Reality were among the top sectoral losers. In a Broder Market, NSE mid-cap was down by 1.00% and smallcap indices were trading lower by 1.11%, respectively.

In the last hour of trade, Indian equity benchmarks Indices bounced back from days low, Nifty was trading around 10850 Mark. Indian equity benchmarks ended lower, The Sensex was down 239.67 points at 35973.71, while Nifty was down 44.80 points at 10835.30. Among Sector compiled by NSE ended lower, led by the Nifty Realty Indexs 1.6 percent decline. While, the Nifty Media Index as the top sectoral gainer, up 3.2 percent. In the broader Market, the NSE MidCap Index was down by 0.14 percent and the NSE SmallCap Index declined by 0.77 percent. The market can remain volatile in the near term. On the global front, positive developments on the US-China trade deal is good for global markets, however, progress on Brexit deal front, crude oil price, and currency movement would be actively tracked by investors. Domestically, geopolitical tension between India and Pakistan would keep the markets volatile. Further, Indias Q3FY19 GDP numbers on Thursday would be keenly watched.

Top Gainers

ZEEL by 6.01% to Rs 471.90. ,TATAMOTORS by 4.13% to Rs 183.00, IOC by 2.81% to Rs 142.50,COALINDIA by 2.75% to Rs 220.25, TCS by 2.39% to Rs 2,032.50.

Top Losers

IBULHSGFIN By -3.49% to Rs 655.10, HCLTECH by -2.20% to Rs 1,058.40, HDFC by -2.03% to Rs 1,856.00, ICICIBANK by -2.00% to Rs 348.50.,INFY by -1.77% to Rs.741.55.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session, Mumbai-based media giant Zee Entertainment Enterprises Ltd (ZEEL) is looking for a 50 percent broadcast partner, and the company had narrowed down the search, ZEEL is in talks with both Comcast and Sony over the partnership. A deal announcement is expected imminently.

IBULHSGFIN is the top loser in today's market, Company has stated that the Company has made timely payment of interest/principal (as the case may be) on private placement basis, in respect to the following the NCDs issued by the Company.

Key Market News

  • North Korean leader Kim Jong Un arrived in Vietnam on Tuesday for a summit with US President Donald Trump where they will try to reach an agreement on a Norths Korean pledge to give up its nuclear weapons programme.
  • NCLATs two-judge bench led by Justice S J Mukhopadhaya announced that no financial institution will declare the accounts of IL&FS including the amber companies as an NPA without prior permission of NCLAT.
  • The trailing PE of BSE Sensex had jumped from 22.92 times on Friday to 26.55 times on Monday, a surge of around 16% in a single session. the variation in the ratio was due to the updated EPS data for Tata Motors on account of the recently announced Q3 results.
  • Foreign portfolio investors (FPIs) bought Rs 2,314.11 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 1,746.40 crore.
  • Over 300 terrorists eliminated in IAF's covert operation today.

Stocks To Watch

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

BHEL is currently quoting at Rs.65.00 up by Rs 0.65 or 1.01% from its previous closing of Rs.64.35 on the NSE. The scrip opened at Rs.63.55 & has touched a high & low of Rs.65.60 and Rs. 62.20 respectively. So far 65,64,549(NSE) shares were traded on the counter. The current market cap of the company is Rs 22,476.72Cr. The NSE/BSE group stock has touched a 52 week high of Rs.94.50 on 26-FEB-2018 & a 52 week low of Rs. 56.20 on 05-FEB-2019.

VIPIND is currently quoting at Rs. 408.60 down by Rs.-17.80 or -4.17% from its previous closing of Rs.426.40 on the NSE. The scrip opened at Rs.419.60 & has touched a high & low of Rs.419.60 and Rs.407.00 respectively. So far 7,49,484(NSE) shares were traded on the counter. The current market cap of the company is Rs 5,779.88Cr. 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 287.10 on 19 -MAR-2018.

Share Market News 25-February-2019


Nifty Ends Above 10,850, IT & Banks Lead Gains.

Indian Equity Benchmark indices started on a positive note, Following firm Asian markets, The US President Donald Trump confirmed he would delay a planned increase on Chinese imports as talks between the two sides were making "substantial progress". the Sensex was up 124.38 points at 35995.86, while Nifty up 27.00 points at 10818.70. Among sector compiled by NSE advanced, led by the NSE Nifty Realty Indexs 2.1 percent gain. The market breadth was inclining in favor of buyers.

In the afternoon session, Indian equity benchmarks Indices after a positive start erased some of its morning gains. The Sensex was up by 97.46 points or 0.27% at 35968.94 and the Nifty Grew by 17 points or 0.16% at 10808.65. Among sector Auto, IT & Reality were trading in the green, While PSU Bank, Infra were in red. In a Broder Market, NSE mid-cap was up by 0.39% and smallcap indices were trading higher by 0.60%, respectively.

In the last hour of trade, Indian equity benchmarks Indices was trading at days high on the back of IT stocks, Nifty was trading around 10850 Mark. Bulls took the control with the Nifty and Sensex finished nearly 1 percent higher, The Sensex was up 341.90 points at 36213.38, while Nifty was up 88.40 points at 10,880.10. Among Sector compiled by NSE advanced, led by the Nifty Private Bank Indexs 1.1 percent gain. While, the Nifty realty Index was the top sectoral loser, down 0.7 percent. In the broader Market, the NSE MidCap Index was up by 0.36 percent and the NSE SmallCap Index grew by 0.76 percent.

Top Gainers

TCS by 3.19% to Rs 1,987.00. ,BAJAJFINSV by 2.77% to Rs 6,367.05, INFY by 2.73% to Rs 755.00,GRASIM by 2.68% to Rs 779.00., YESBANK by 2.61% to Rs 227.80.

Top Losers

ADANIPORTS By -8.13% to Rs 325.50, INFRATEL by -3.06% to Rs 304.00, BPCL by -2.38% to Rs 336.00, HINDPETRO by -1.54% to Rs 227.40.,POWERGRID by -0.47% to Rs.181.05.

Analysis Of Top Gainer And Loser

TCS is the top gainer in today's market session, Today the overall IT pack has witnessed a good buying interest, TCS was the top performer of it all up by 3.19%.

ADANIPORTS is the top loser in today's market after its subsidiary Adani Logistics is set to acquire Adani Agri Logistics (AALL) from Adani Enterprises, The acquisition will be an all-cash deal and is expected to be completed by March 2019, the company said in its filing.

Key Market News

  • US President Donald Trump confirmed on Monday that he will delay a planned increase on Chinese imports as talks between the two sides were making substantial progress. Asian market surged to the highest.
  • The Reserve Bank on Friday created a single category for them by bundling their present three-tier structure, To provide greater operational flexibility to non-banking lenders.
  • Foreign investors on Friday poured a huge net of Rs 6,311 crore into the Indian capital markets, the highest inflow in a single day this month so far.
  • The government cut the tax rate on under construction and affordable housing to boost the real estate sector and ease the financial burden on home buyers. The GST Council Sunday decided to cut GST rate on affordable homes to 1% without input tax credit (ITC) from earlier 8 % with ITC. The GST on the under-construction flats, which were not under the affordable housing segment, has been reduced to 5 % and without ITC from 12 % earlier with ITC.
  • Prime Minister Theresa May suggesting parliament will not be able to vote on her Brexit deal until March 12, just days before Britain leaves the EU.
  • Eurozone Consumer Price Index (CPI) YoY posted 1.4%.

Stocks To Watch

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

UPL is currently quoting at Rs.847.65 up by Rs 20.30 or 2.45% from its previous closing of Rs.827.35 on the NSE. The scrip opened at Rs.828.00 & has touched a high & low of Rs.851.90 and Rs. 828.00 respectively. So far 36,85,600(NSE) shares were traded on the counter. The current market cap of the company is Rs 43,207.54Cr. The NSE/BSE group stock has touched a 52 week high of Rs.851.90 on 25-FEB-2019 & a 52 week low of Rs. 537.25 on 19-JUL-2018.

AUROPHARMA is currently quoting at Rs. 708.45 down by Rs.-22.75 or -3.11% from its previous closing of Rs.731.20 on the NSE. The scrip opened at Rs.738.50 & has touched a high & low of Rs.738.50 and Rs.705.00 respectively. So far 52,72,944(NSE) shares were traded on the counter. The current market cap of the company is Rs 41,578.93r. The BSE/NSE 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.

Share Market News 21st-February-2019

Sensex, Nifty End Higher For Second Day; PSU banks rally

Indian Equity Benchmark indices started on a Flat note, Most Asian markets were steady after US Federal Reserve minutes affirmed it would be "patient" on interest rate rises. The Sensex was up 7.59 points at 35763.85, while Nifty was down 5.30 points at 10730.20. Among sector compiled by NSE advanced, led by the Nifty PSU Bank Indexs 0.96 percent advance. While, the Nifty IT Index was the top sectoral loser, down 0.59 percent. Shares of many PSU banks surged today after the government announced 48,000 crore more fund infusion in FY19 in 12 banks as part of a bank recapitalization plan.

In the afternoon session, share market Indices was trading higher. The Sensex was up by 119.08 points or 0.33% at 35875.34, and the Nifty Grew by 33.65 points or 0.31% at 10769.10. Among sector metal, media & energy were trading in the green, While Auto, infra were in red. In a Broder Market, NSE mid-cap was up by 0.41% and smallcap indices were trading higher by 0.64%, respectively.

In the last hour of trade, Indian equity benchmarks Indices was trading at days high, Nifty was trading around 10780 Mark. Indian equity benchmarks Indices closed on a positive note, Nifty closed around 10,800 level. The Sensex was up 142.09 points at 35898.35, while Nifty was up 54.40 points at 10789.90. Except IT, all the sectoral indices ended in green led by pharma, metal and PSU banking. In the broader Market, the NSE MidCap Index was up by 1.08 percent and the NSE SmallCap Index grew by 1.44 percent. Markets are currently dancing to the global tunes and we feel it may continue for some time, in absence of any major event on the local front keeping a close eye on global developments will be important going forward.

Top Gainers

IBULHSGFIN by 6.32% to Rs 685.95. ,BAJAJFINSV by 3.21% to Rs 6,191.05, TATAMOTORS by 3.16% to Rs 170.00,DRREDDY by 3.12% to Rs 2,604.05., VEDL by 2.59% to Rs 164.40.

Top Losers

INFRATEL By -1.87% to Rs 312.25, YESBANK by -1.08% to Rs 215.50, INFY by -0.90% to Rs 734.00, NTPC by -0.58% to Rs 136.40.,COALINDIA by -0.54% to Rs.213.80.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, Japanese SoftBank has invested Rs 2,800 crore in the UK-based OakNorth Bank, in which IndiabullsNSE 10.75 % Housing Finance has a controlling stake.

INFRATEL is the top loser in today's market, Company is witnessing profit booking from higher levels.

Key Market News

  • The government had approved the disbursal of a recapitalization package of 48,239 crore for 12 public sector banks, Financial Services Secretary Rajiv Kumar announced on Wednesday.
  • The Finance Ministry is expecting bad loan recoveries to touch Rs 1.80 lakh crore during the current fiscal, With two major cases at the final stage of resolution. So far, banks had recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).
  • Retirement fund body EPFO may announce an interest rate of 8.55 percent on PF deposits for 2018-19, same as provided in 2017-18, to its 6 crore subscribers.
  • The Goods and Services Tax Council decided to keep a hold on adjusting tax rates on the real estate sector as several States.
  • Germany Manufacturing Purchasing Managers Index (PMI) reported 47.6.
  • Foreign portfolio investors (FPIs) bought Rs 713 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 113 crore.

Stocks To Watch

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

M&MFIN is currently quoting at Rs.395.60 up by Rs 13.25 or 3.47% from its previous closing of Rs.382.35 on the NSE. The scrip opened at Rs.385.00 & has touched a high & low of Rs.395.90 and Rs. 378.85 respectively. So far 18,07,003(NSE) shares were traded on the counter. The current market cap of the company is Rs 24,444.96Cr. The NSE/BSE group stock has touched a 52 week high of Rs.543.00 on 30-APR-2018 & a 52 week low of Rs. 342.65 on 05-OCT-2018.

YESBANK is currently quoting at Rs. 215.50 down by Rs.-2.35 or -1.08% from its previous closing of Rs.217.85 on the NSE. The scrip opened at Rs.218.85 & has touched a high & low of Rs.218.85 and Rs.214.00 respectively. So far 2,79,75,632(NSE) shares were traded on the counter. The current market cap of the company is Rs 49,726.40cr. The BSE/NSE group stock has touched a 52 week high of Rs 404.00 on 20-AUG-2018 & a 52 week low of Rs 146.75 on 29 -NOV-2018.

Share Market News 20th-February-2019

Sensex Take a Leap of 400 Points, Snaps 9-day Losing Run

Indian Equity Benchmark indices started on a positive note, The real estate companies were in focus as the GST Council will meet later today, with the rationalization of rates of Goods and Services Tax (GST) on real estate and lottery on the agenda, The Nifty Realty index was up around 1%. the Sensex was up 196.95 points at 35549.56, while Nifty grew by 63.50 points at 10,667.90. All the sectoral indices were trading in green led by realty, energy, metal, infra, pharma, and FMCG. The market breadth was inclining in favor of buyers. The Indian rupee opened marginally higher at 71.29 per dollar versus Monday's close 71.34.

In the afternoon session, Indian equity benchmarks Indices was trading higher. The Sensex was up by 220.34 points or 0.62% at 35572.95, and the Nifty Grew by 68.70 points or 0.65% at 10673.05. Among sector, all were trading in green led by Metal, Infra, IT & PSU bank. Shares of the PSU bank rallied in todays trade as the government can infuse up to Rs 47,000 crore capital in 12 state-run banks. In a Broder Market, NSE mid-cap was up by 0.46% and smallcap indices were trading higher by 0.58%, respectively.

In the last hour of trade, Nifty was trading around 10660 Mark. Indian shares rebounded, ending a nine-day losing run. The Sensex was up 403.65 points at 35756.26, while Nifty was up 131.10 points at 10735.50All the sectoral indices ended in green led by metal, IT, energy, infra, bank, pharma and auto stocks. In the broader Market, the NSE MidCap Index was up by 1.03 percent and the NSE SmallCap Index grew by 1.06 percent. We expect the market to take cues from global developments in absence of any key domestic triggers in the near term. The outcome of US-China trade talks, the release of the Federal Open Market Committee (FOMC) meeting minutes as well as progress on Brexit deal will give further direction to the market. Strong inflows from DIIs, appreciation of the rupee and value buying in midcaps and small-caps helped the domestic market.

Top Gainers

IBULHSGFIN by 6.14% to Rs 652.00. ,TATASTEEL by 4.83% to Rs 493.70, VEDL by 4.64% to Rs 160.20,ADANIPORTS by 4.43% to Rs 354.60., HINDALCO by 3.94% to Rs 193.90.

Top Losers

DRREDDY By -0.35% to Rs 2,528.00, HEROMOTOCO by -0.30% to Rs 2,629.00, HINDUNILVR by -0.11% to Rs 1,736.00, ZEEL by -0.10% to Rs 446.00.,INDUSINDBK by -0.08% to Rs.1,479.25.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, The company witnessed the good buying interest in today's market trade, Stock up by 6.14%.

DRREDDY is the top loser in today's market, The U.S. Supreme Court Chief Justice John Roberts has rejected the Indiviors bid to protect Suboxone film, the companys treatment for opioid addiction. The court also refused to block Dr. Reddys Laboratories and others from selling generic versions of Suboxone film.

Key Market News

  • Ministry of Finance data showed Japans exports fell 8.4 percent in the year to January, versus a 5.5 percent annual drop expected by economists.
  • The government has approved National Electronic Policy 2019 with various incentives to promote domestic manufacturing of electronics goods and achieve a turnover of US$400 billion by 2025.
  • The WTO's quarterly outlook indicator, a composite of seven drivers of trade, showed a reading of 96.3, the weakest since March 2010 and down from 98.6 in November. A reading below 100 that indicate below-trend growth in trade.
  • The NBFC is facing the headwind from last September, As per the data, corporate bond issuances by them have risen by 30 percent in January, reflecting renewed confidence among both issuers as well as investors.
  • Foreign portfolio investors (FPIs) sold Rs 814 crore worth of domestic stocks on Tuesday, DIIs were net buyers to the tune of Rs 1,164 crore.
  • Chinas central bank had announced that it will implement 1-year central bank bill swaps worth 1.5 billion yuan ($222.02 million) to improve the liquidity of banks perpetual bonds, and support issuance of the bonds to replenish capital.

Stocks To Watch

ESCORT is on the upside while TVS MOTORS is on the downside.

ESCORT is currently quoting at Rs.658.85 up by Rs 21.70 or 3.41% from its previous closing of Rs.637.15 on the NSE. The scrip opened at Rs.641.00 & has touched a high & low of Rs.662.00 and Rs. 640.15 respectively. So far 21,72,700(NSE) shares were traded on the counter. The current market cap of the company is Rs 8,060.04 Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,017.70 on 02-MAY-2018 & a 52 week low of Rs. 541.00 on 08-OCT-2018.

TVS MOTOR is currently quoting at Rs. 466.00 down by Rs.-7.05 or -1.49% from its previous closing of Rs.473.05 on the NSE. The scrip opened at Rs.475.40 & has touched a high & low of Rs.479.65 and Rs.464.25 respectively. So far 10,29,510(NSE) shares were traded on the counter. The current market cap of the company is Rs 22,181.82cr. The BSE/NSE group stock has touched a 52 week high of Rs 689.95 on 17-APR-2018 & a 52 week low of Rs 464.25 on 20 -FEB-2019.

Share Market News 19th-February-2019

Sensex extends fall to ninth day; IT stocks drag

Indian Equity Benchmark indices started on a flat note, with Nifty hovering around 10,650 marks, A new round of talks between the United States and China to resolve their trade war would take place in Washington, starting today, with follow-up sessions at a higher level later in the week, the White House. The Sensex was up 51.90 points at 35550.34, while Nifty was up 15.40 points at 10656.40. Among sector compiled by NSE advanced, led by the Nifty Realty Indexs 1.9 percent rally. While, the NSE Nifty IT Index was the top sectoral loser, down 0.28 percent.

In the afternoon session, Indian equity benchmarks Indices was trading higher. The Sensex was up by 148.73 points or 0.42% at 35647.17, and the Nifty declined by 37.15 points or 0.35% at 10678.10. Among sector reality, media, metal was trading higher, While Pharma, IT was trading in the red. In a Broder Market, NSE mid-cap was up by 0.65% and smallcap indices were trading higher by 0.45%, respectively.

In the last hour of trade, Nifty was trading around 10680 Mark. During the last hour of trading, Bears drag the market lower to close just above 10600. the Sensex was down 145.83 points at 35352.61, while Nifty was down 36.60 points at 10604.40. Among the sector compiled by NSE fell, led by the Nifty Realty Indexs 1.7 percent gain. While, the Nifty IT Index was the top sectoral loser, down 2.08 percent. In the broader Market, the NSE MidCap Index was up by 0.43 percent and the NSE SmallCap Index grew by 0.26 percent.

Top Gainers

VEDL by 3.34% to Rs 152.95. ,GRASIM by 3.02% to Rs 721.00, BPCL by 2.75% to Rs 336.75, ZEEL by 2.06% to Rs 448.00., JSWSTEEL by 1.78% to Rs 266.55.

Top Losers

WIPRO By -3.26% to Rs 363.35, TCS by -3.18% to Rs 1,907.60, INDUSINDBK by -2.79% to Rs 1,474.70, ADANIPORTS by -2.49% to Rs 338.65.,NTPC by -2.44% to Rs.134.10.

Analysis Of Top Gainer And Loser

VEDL is the top gainer in today's market session after Vedanta may make another attempt at buying Essar Steel. But this time, it won't be alone but may partner Sajjan Jindal's JSW Steel. The two companies may come together and put in a joint bid of about Rs 47,000 crore, said an industry executive. But the final call is yet to be taken said the executive.

WIPRO is the top loser in today's market, In today market the overall IT pack has witnessed a sharp sell-off, Wipro was the top loser dropped almost 4% in today's trade.

Key Market News

  • A new round of talks between the United States and China to resolve their trade war would take place in Washington, starting today, with follow-up sessions at a higher level later in the week, the White House.
  • Chinese Vice Premier Liu He will visit Washington on Thursday and Friday so as to continue trade negotiations with the United States.
  • US oil prices hit a three-month high on Tuesday, led by cuts in production by the Organization of the Petroleum Exporting Countries.
  • The Reserve Bank of India (RBI) has decided to pay 28,000 crore as interim dividend to the government, which would help the Centre to meet its revised budget estimates that include an allocation for the first-ever income transfer to farmers and burnish its fiscal credentials ahead of the general elections.
  • The Reserve Bank of India (RBI) will inject Rs 12,500 crore into the system through the purchase of government securities on Thursday to increase the liquidity. The purchase would be made through open market operations (OMOs).
  • The Reserve Bank of India (RBI) will inject Rs 12,500 crore into the system through the purchase of government securities on Thursday to increase the liquidity. The purchase would be made through open market operations (OMOs).
  • Reserve Bank Governor Shaktikanta Das would likely to meet the heads of public and private sector banks this week to discuss the transmission of an interest rate cut to borrowers.

Stocks To Watch

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

ICICIBANK is currently quoting at Rs.342.70 up by Rs 3.95 or 1.17% from its previous closing of Rs.338.75 on the NSE. The scrip opened at Rs.339.10 & has touched a high & low of Rs.350.40 and Rs. 339.10 respectively. So far 1,43,84,763(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,21,221.28 Cr. The NSE/BSE group stock has touched a 52 week high of Rs.383.55 on 09-JAN-2019 & a 52 week low of Rs. 256.50 on 16-JUL-2018.

YESBANK is currently quoting at Rs. 213.50 down by Rs.-0.05 or -0.02% from its previous closing of Rs.213.55 on the NSE. The scrip opened at Rs.215.10 & has touched a high & low of Rs.218.10 and Rs.211.55 respectively. So far 3,39,90,276(NSE) shares were traded on the counter. The current market cap of the company is Rs 49,136.62cr. The BSE/NSE group stock has touched a 52 week high of Rs 404.00 on 20-AUG-2018 & a 52 week low of Rs 146.75 on 29 -NOV-2018.

Share Market News 18th-February-2019

Markets Struggle Sustain Despite Positive Global Cues

Indian Equity Benchmark indices started on a flat note, with Nifty holding above 10,700 marks, despite positive global cues. Most Asian markets are firm today on hopes of progress in China-US trade talks. The Sensex was up 38.58 points at 35847.53, while Nifty was up 6.60 points at 10731. Among sector compiled by NSE advanced, led by the Nifty Pharma Indexs 0.75 percent gain. While, the NSE Nifty Auto Index was the top sectoral loser, down 0.56 percent. The market breadth was inclining in favor of the seller. The Indian rupee was trading lower by 18 paise at 71.40 per dollar versus Friday's close 71.22.

In the afternoon session, Indian equity benchmarks Indices extended losses to trade at days low. The Sensex was down by 246.52 points or 0.69% at 35562.43, and the Nifty declined by 77.75 points or 0.72% at 10646.65. Among sector reality, media was trading higher, While energy, IT, FMCG, & auto was trading in the red. In a Broder Market, NSE mid-cap was down by 0.51% and smallcap indices were trading lower by 0.58%, respectively.

In the last hour of trade, Indian equity benchmarks Indices continued to trade lower, Nifty was hovering around 10660 Mark. Benchmark indices ended near the day's low with Nifty below 10,650 level. the Sensex was down 310.51 points at 35498.44, while Nifty was down 83.40 points at 10641. Among the sectors compiled by NSE ended lower, led by the Nifty PSU Bank Indexs 1.25 percent fall. While, the NSE Nifty Realty Index was the top sectoral gainer, up 0.76 percent. In the broader Market, the NSE MidCap Index was down by 0.93 percent and the NSE SmallCap Index declined by 0.98 percent. Nifty is showing signs of decoupling with the US market. Almost all Asian markets were up today and the US too was up on Friday, but still Nifty slipped deep in the red. the recent profit-taking phase in private banking counters and IT majors, which were holding the benchmark index, are added negatives.

Top Gainers

INFRATEL by 3.13% to Rs 316.50. ,ONGC by 1.59% to Rs 137.15, ZEEL by 1.51% to Rs 437.85, TATAMOTORS by 0.90% to Rs 163.10., AXISBANK by 0.84% to Rs 692.40.

Top Losers

IBULHSGFIN By -3.50% to Rs 617.00, TCS by -2.96% to Rs 1,969.60, RELIANCE by -2.31% to Rs 1,215.65, BAJAJFINSV by -2.31% to Rs 5,886.00.,YESBANK by -2.28% to Rs.214.00.

Analysis Of Top Gainer And Loser

INFRATEL is the top gainer in today's market session after The companys arm Bharti Airtel is looking at insourcing to manage its technology operations as a contract with IBM is up for renewal, close to the development.

IBULHSGFIN is the top loser in today's market, The company has witnessed selling pressure in todays market trade, the Share price dropped 3.50% at 617.00.

Key Market News

  • India's merchandise trade deficit has been widened to $14.73 billion in January after hitting a 10-month low of $13.08 billion in December, data released by Commerce Ministry showed. Merchandise exports grew by 3.74 percent on the year at $26.36 billion, mainly due to growth in textiles, drugs, and pharmaceuticals as well as organic and inorganic chemicals.
  • The Reserve Bank of India (RBI) Friday had withdrawn the 20 percent limit on investments by FPIs in the corporate bonds of an entity with a view to encouraging more foreign investments.
  • The country's foreign exchange reserves had been declined by $2.119 billion to $398.122 billion in this week to February 8, due to fall in foreign currency assets.
  • Finance Minister Arun Jaitley has scheduled to address the post-budget meeting of the central board of the Reserve Bank on February 18. The meeting will take a call on the interim dividend need to be paid to the government during the current fiscal.
  • The government's disinvestment proceeds have been touched to Rs 53,558 crore so far in the current fiscal, against the full year budget target of Rs 80,000 crore. Last week, RS 10,000 crore had come in from Bharat-22 ETF and, another Rs 5,379 crore from the sale of Specified Undertaking of Unit Trust of India (SUUTI) stake in Axis Bank.

Stocks To Watch

OBEROIRLTY is on the upside while KEI is on the downside.

OBEROIRLTY is currently quoting at Rs.488.60 up by Rs 20.65 or 4.41% from its previous closing of Rs.467.95 on the NSE. The scrip opened at Rs.469.95 & has touched a high & low of Rs.496.70 and Rs. 469.00 respectively. So far 8,13,729(NSE) shares were traded on the counter. The current market cap of the company is Rs 17,681.98Cr. The NSE/BSE group stock has touched a 52 week high of Rs.610.00 on 24-APR-2018 & a 52 week low of Rs. 351.35 on 05-OCT-2018.

KEI is currently quoting at Rs. 312.20 down by Rs.-15.55 or -4.74% from its previous closing of Rs.327.75 on the NSE. The scrip opened at Rs.327.00 & has touched a high & low of Rs.331.95 and Rs.311.00 respectively. So far 92,819,(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,456.55cr. The BSE/NSE group stock has touched a 52 week high of Rs 496.00 on 30-MAY-2018 & a 52 week low of Rs 248.00 on 23 -OCT-2018.

Share Market News 14-February-2019

Sensex drops for the sixth day, Nifty below 10,750; Yes Bank soars 30%

Indian Equity Benchmark indices are trading lower, with Nifty hovering around 10,750 level. YesBank shares surged almost like 29 % after the lender said RBI has not found any divergence in the asset classification and provisioning done during 2017-18. the Sensex was down 52.52 points at 35981.59, while Nifty declined by 26.20 points at 10767.50. Among sector compiled by NSE fell, led by the Nifty Metal Indexs 0.98 percent decline. While, the Nifty FMCG Index was the top sectoral gainer, up 0.24 percent. The market breadth was inclining in favor of the seller.

In the afternoon session, Indian markets were trading lower. The Sensex was down by 136.28 points or 0.38% at 35897.83, and the Nifty declined by 53.45 points or 0.50% at 10740.20. Among sector Auto, Media & FMCG was trading higher, While energy, Infra, IT was trading in the red. In a Broder Market, NSE mid-cap was down by 0.18% and smallcap indices were trading lower by 0.33%, respectively.

In the last hour of trade, Nifty was trading at around 10760 Mark. Benchmark indices continued their downtrend momentum with Nifty finished below 10,750 level.. the Sensex was down 157.89 points at 35876.22, while Nifty was down 47.70 points at 10746. Among the sectors compiled by NSE decline, led by Nifty IT Index was the top sectoral loser, down 1.1 percent. While Nifty Media Index's 3.9 percent rally the. In the broader Market, the NSE MidCap Index was up by 0.61 percent and the NSE SmallCap Index grew by 0.66 percent. The market extended losses despite positive global market, as investors continued to give more focus on domestic cues while assessing global developments. Moderation in WPI to 2.76% in January provides an insight about the slowdown in the economy and earnings growth. Mid and smallcap rebounded after many days of correction, however, investors are yet to find stability in the market in expectation of election outcome, Global markets are holding firm these days, taking solace from recent updates on trade talks between the US and China. However, foreign fund outflows, weak rupee and not so encouraging earnings are dampening sentiment.

Top Gainers

YESBANK by 31.31% to Rs 222.50. , IBULHSGFIN by 6.74% to Rs 660.60, ZEEL by 6.55% to Rs 434.95, JSWSTEEL by 3.71% to Rs 281.025., TATAMOTORS by 2.77% to Rs 159.30.

Top Losers

IOC By -3.89% to Rs 124.85, BPCL by -3.48% to Rs 318.00, HINDALCO by -3.10% to Rs 192.05, BHARTIARTL by -2.79% to Rs 301.90.,GAIL by -2.36% to Rs.308.05.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session after the Reserve Bank of India observed no asset quality divergence" in 2017-18. Yes, Bank revealed a risk assessment report from the RBI for 2017-18, which met its norms and had zero divergences in its asset classification and provisioning.

IOC is the top loser in today's market, Shares of oil marketing companies extended their fall as Brent crude continued to gain for the third consecutive day.

Key Market News

  • The mutual fund (MF) industrys bid to optimize yields on debt portfolios have led them to load up on exposure to the infrastructure space.
  • The government on Wednesday hiked the minimum support price for raw jute to Rs 3,950 per quintal for 2019-20 season from Rs 3,700 per quintal in the previous season. The decision was taken at a meeting of the Cabinet Committee on Economic Affairs here, Union Minister Piyush Goyal said.
  • Both bank credit, as well as deposits growth marginally, declined on a fortnightly basis, clipping at 14.5 percent at Rs 94.29 lakh crore deposits grew at a tepid 9.63 percent to Rs 121.22 lakh crore for the fortnight ending February 1, according to the latest RBI data.
  • US President Donald Trump said on Wednesday trade talks with China were going along very well as the worlds two largest economies try to resolve their seven-month tariff war ahead of a March 1 deadline for a deal.
  • Japan Gross Domestic Product (GDP) QoQ at 0.3%
  • U.S. Core Consumer Price Index (CPI) MoM at 0.2%

Stocks To Watch

KAJARIACER is on the upside while INFY is on the downside.

KAJARIACER is currently quoting at Rs.519.90 up by Rs 9.30 or 1.82% from its previous closing of Rs.510.60 on the NSE. The scrip opened at Rs.508.00 & has touched a high & low of Rs.519.90 and Rs. 503.25 respectively. So far 2,78,647(NSE) shares were traded on the counter. The current market cap of the company is Rs 8,280.52Cr. The NSE/BSE group stock has touched a 52 week high of Rs.619.90 on 14-FEB-2018 & a 52 week low of Rs. 310.00 on 25-OCT-2018.

INFY is currently quoting at Rs. 740.35 down by Rs.-14.55 or -1.93% from its previous closing of Rs.754.90 on the NSE. The scrip opened at Rs.751.00 & has touched a high & low of Rs.753.00 and Rs.737.25 respectively. So far 46,10,535,(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,23,192.90cr. The BSE/NSE group stock has touched a 52 week high of Rs 772.25 on 08-FEB-2019 & a 52 week low of Rs 545.10 on 14 -FEB-2018.

Share Market News 13-February-2019

Markets Clock A Longest Losing Streak Of Last Five Months, Sensex slips 119 pts

Indian Equity Benchmark indices started on a positive note with Nifty trading above 10,850 marks. Retail inflation softens to a 19-month low of 2.05% in January. The Sensex was up 199.06 points at 36352.68, while Nifty grew by 58.60 points at 10890. Among sector compiled by NSE advanced, led by the Nifty FMCG Indexs 1.23 percent gain. On the While, the Nifty Media Index was the top sectoral loser, down 0.35 percent. The market breadth was inclining in favor of buyers. Asian stocks have edged up to a more than four-month high today, lifted by the optimism that the US and China could be able to hammer out a deal to resolve their nearly year-long trade dispute.

In the afternoon session, Indian markets were trading flat, Shares of the oil marketing companies fall as Brent crude extended gains for the second day. The Sensex was up by 96.29 points or 0.27% at 36249.91, and the Nifty declined by 24.65 points or 0.23% at 10856.05. Among sector Reality, FMCG was trading higher, While media, auto was trading in the red. In a Broder Market, NSE mid-cap was up by 0.47% and smallcap indices were trading lower by 0.09%, respectively.

In the last hour of trade, Indian markets were trading at days low, Nifty was at around 10840 Mark. Indian equity Benchmark indices witnessed a sell-off in the last 45 Min in todays trade. The Sensex was down 119.51 points at 36034.11, while Nifty was down 37.70 points at 10793.70. Among the sectors compiled by NSE fell, led by the Nifty PSU Bank Indexs 2.1 percent decline. While, the NSE Nifty IT Index was the top sectoral gainer, up 0.65 percent. In the broader Market, the NSE MidCap Index was down by 0.33percent and the NSE SmallCap Index declined by 0.85 percent. We continue to maintain a cautious stance in the near term with lack of any major positive triggers and uncertain global cues. On the domestic front, investors would focus on the last leg of Q3FY19 earnings season and WPI data. Further, investors would keep an eye on the progress of trade talks between US-China, the behavior of crude oil prices and fluctuation in currency. We advise investors to focus on fundamentally sound companies with strong financials and healthy prospects.

Top Gainers

ADANIPORTS by 4.82% to Rs 342.55. , IBULHSGFIN by 3.61% to Rs 620.50, UPL by 2.30% to Rs 814.50, TATAMOTORS by 2.21% to Rs 155.15., HCLTECH by 0.96% to Rs 1,069.00.

Top Losers

EICHERMOT By -4.82% to Rs 20,118.10, IOC by -3.90% to Rs 129.50, HINDPETRO by -3.87% to Rs 225.00, BPCL by -3.09% to Rs 328.80., SBIN by -3.05% to Rs.267.00.

Analysis Of Top Gainer And Loser

ADANIPORTS is the top gainer in today's market session we have witnessed a good buying in the Adani group stock.

EICHERMOT is the top loser in today's market, the company witnesses a selling pressure, surged nearly 5% in a day.

Key Market News

  • The Securities and Exchange Board of India (Sebi) are planning to tighten risk management practices in equity derivatives and stocks in the runup to the general elections. The market regulator is likely to tighten margin rules for futures and options trades and restrict the introduction of strike prices in options intra-day as it looks to curb wild speculation by traders.
  • India's factory output growth grew 2.4 percent in December after hitting a 17-month low of 0.5 percent in November.
  • Factory output had grown by 7.3 percent in December 2017.
  • Manufacturing sector output, which accounts for more than three-fourths of the entire index, grew 2.7 percent in December from a deceleration of (-) 0.4 percent in November.
  • Electricity production growth stood at 4.4 percent in December from 5.1 percent in November.
  • Mining activity, which accounts for over 14 percent of the entire index, stood at -1 percent as compared with 2.7 percent in November.
  • India's retail inflation declined marginally to 2.05 percent in January due to cheaper food items and fuel prices.
  • RBI slaps penalties on 7 banks for violation of various banking norms, including Allahabad Bank, Bank of Maharashtra, HDFC and Kotak Mahindra Bank.
  • Foreign portfolio investors (FPIs) sold Rs 467 crore worth of domestic stocks on Tuesday, data available with NSE suggested. DIIs were net sellers to the tune of Rs 123 crore, data suggested.

Stocks To Watch

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

UPL is currently quoting at Rs.814.50 up by Rs 18.30 or 2.30% from its previous closing of Rs.796.20 on the NSE. The scrip opened at Rs.794.00 & has touched a high & low of Rs.824.00 and Rs.792.35 respectively. So far 30,34,355(NSE) shares were traded on the counter. The current market cap of the company is Rs 41,623.48Cr. The NSE/BSE group stock has touched a 52 week high of Rs.824.00 on 13-FEB-2019 & a 52 week low of Rs. 537.25 on 19-JUL-2018.

VIPIND is currently quoting at Rs. 422.25 down by Rs.-21.65 or -4.88% from its previous closing of Rs.443.90on the NSE. The scrip opened at Rs.455.00 & has touched a high & low of Rs.455.00 and Rs.420.40 respectively. So far 20,00,379(NSE) shares were traded on the counter. The current market cap of the company is Rs 6,003.87cr. 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 287.10 on 19-MAR-2018.

Share Market News 12-February-2019


Sensex drops for the 4th day in a row, ahead of inflation data

Indian Equity Benchmark indices started the week marginally lower, the Nifty was trading below 10,900. IT stocks were under pressure today, with TCS and Infosys down about 2%. The Sensex was down 47.42 points or 0.13% at 36347.61, and the Nifty down 13.70 points or 0.13% at 10875.10. Among sector compiled by NSE advanced, led by the Nifty Media Index 1.09 percent rally. While, the Nifty IT Index was the top sectoral loser, down 0.7 percent. Most Asian shares were subdued today, As the focus shifted on the new round of China-US trade talks. Beijing and Washington are trying to hammer out a deal before a March 1 deadline, without which US tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25% from 10%.

In the afternoon session, Indian markets were trading Mixed, The Sensex was down by 16.75 points or 0.05% at 36378.28, and the Nifty declined by 4.50 points or 0.04% at 10884.30. Among sector Media, energy was trading higher, While IT was trading in the red. In a Broder Market, NSE mid-cap was up by 0.09% and smallcap indices were trading lower by 0.27%, respectively.464 companies to report Q3 numbers today.

In the last hour of trade, Indian markets were trading at days low, Nifty was at around 10840 Mark. Indian equity Benchmark indices ended lower. the Sensex was down 241.41 points or 0.66% at 36153.62, and the Nifty down 57.40 points or 0.53% at 10831.40. Among the sectors compiled by NSE fell, led by the Nifty PSU Bank Indexs 1.6 percent decline. While, the Nifty Media Index was the top sectoral gainer, up 1.33 percent. In the broader Market, the NSE MidCap Index was up by 0.05percent and the NSE SmallCap Index declined by 0.33 percent. Lack of positive triggers is impacting the sentiment of the domestic equity market. India is underperforming in spite of the improvement in the global market and appreciation in the rupee. Inflows have reduced this month due to muted Q3 results and outcome of the general election. The expectation is that market momentum will reverse as economy stabilize post-election and borrowing cost reduce, Investors took a cautious approach ahead of the industrial production (IIP) data for December and inflation numbers for January to be released in the post market hours. This data will dictate the market in tomorrows trading session.

Top Gainers

ZEEL by 4.06% to Rs 418.00. , JSWSTEEL by 3.98% to Rs 272.00, SUNPHARMA by 3.24% to Rs 442.45, NTPC by 2.22% to Rs 133.25., COALINDIA by 1.97% to Rs 223.10.

Top Losers

INFRATEL By -3.34% to Rs 312.70, HEROMOTOCO by -3.01% to Rs 2,802.00, HDFC by -2.24% to Rs 1,904.50, SBIN by -1.93% to Rs 275.10., ICICIBANK by -1.73% to Rs.344.00.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market the company said its promoters are open to sell over 50 percent of their holdings as a part of their asset monetization to repay debt.

INFRATEL is the top loser in today's market, Moodys Investor Service downgraded Bharti Airtel Ltd

Key Market News

  • Foreign portfolio investors (FPIs) sold Rs 125 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 233 crore.
  • To check excessive price movements, capital markets regulator Sebi Monday proposed a slew of measures including capping the maximum daily movement of up to 20 percent for all stocks including that are part of the future and options (F&O) segment. There have been concerns that investors' wealth is getting wiped out in a single day by recent falls in stocks on which derivative products are available, as no price band is applicable to them.
  • Leading stock exchange NSE Monday launched weekly options on the Nifty 50 Index, which will provide market participants an additional hedging tool to manage portfolio risk more effectively.
  • Retirement fund body EPFO is likely to retain the interest rate on employees' provident fund at 8.55 percent rate for the 2018-19 fiscal for its more than six crore subscribers
  • The Centre is seeking to raise around 5,316 crores by selling its 3% stake, owned through the Specified Undertaking of the Unit Trust of India (SUUTI), in private sector lender Axis Bank. The stake sale is aimed at helping North Block meet its budgeted disinvestment target.

Stocks To Watch

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

SUNPHARMA is currently quoting at Rs.442.45 up by Rs 13.90 or 3.24% from its previous closing of Rs.428.55 on the NSE. The scrip opened at Rs.427.20 & has touched a high & low of Rs.444.00 and Rs.424.05 respectively. So far 85,59,968(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,04,788.07Cr. The NSE/BSE group stock has touched a 52 week high of Rs.679.30 on 06-SEP-2018 & a 52 week low of Rs. 370.20 on 18-JAN-2019.

BEML is currently quoting at Rs. 763.95 down by Rs.-21.25 or -2.71% from its previous closing of Rs.785.20 on the NSE. The scrip opened at Rs.785.00 & has touched a high & low of Rs.799.85 and Rs.755.30 respectively. So far 20,00,379(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,173.31cr. The BSE/NSE group stock has touched a 52 week high of Rs 1,418.55 on 05-MAR-2018 & a 52 week low of Rs 521.25 on 26-OCT-2018.

Share Market News 11-February-2019

The underperformance of Mid Caps Drags Markets, Sensex, Nifty End Lower

Indian Equity Benchmark indices started the week marginally lower, the Nifty was trading around 10,900. Crude prices fell by around 1 percent on Monday as US drilling activity picked up and as Russias biggest oil producer pressured President Vladimir Putin to end the supply cut deal with Middle East-dominated producer club OPEC. sensex was down 53.26 points or 0.15% at 36493.22, while the Nifty declined by 36.90 points or 0.34% at 10906.70. Among sector, the Nifty Auto Indexs 1.2 percent decline. While, the NSE Nifty Media Index was the top sectoral gainer, up 1.16 percent. The Nifty Midcap index was down around 0.20 percent. 312 companies to report Q3 numbers today.

In the afternoon session, Indian markets were trading lower, The Sensex was down by 193.43 points or 0.53% at 36353.05, and the Nifty declined by 73.50 points or 0.67% at 10870.10 Among sector except for media & IT, all sector indices were trading in red led by metal, auto & Pharma. In a Broder Market, NSE mid-cap was down by 1.56% and smallcap indices were trading lower by 1.77%, respectively.

In the last hour of trade, Nifty was trading around 10900 level. Benchmark indices continued to trade under selling pressure for the third consecutive session on Monday.Reliance Industries and ICICI Bank dragged the nifty lower.The Sensex fell 151.45 points to 36,395.03 and the Nifty50 plunged 54.80 points to 10,888.80. Among the sectors compiled by NSE fell, led by the Nifty PSU Bank Index's 1.7 percent decline. While, the NSE Nifty Media Index was the top sectoral gainer, up 1.3 percent. In the broader Market, the NSE MidCap Index was down by 1.67 percent and the NSE SmallCap Index declined by 1.80 percent. Selling pressure continued in the market despite a rebound in the global market as investors turned risk-averse due to the upcoming election. Quarter results have not surprised investors while the scope of a downgrade in earnings further dampened sentiment. Global trade deal and risk of a slowdown in growth continue to give caution while investors remain focused on tomorrow's CPI inflation and IIP data to get some direction

Top Gainers

IOC by 2.39% to Rs 137.00. , TATASTEEL by 2.35% to Rs 479.75, CIPLA by 1.68% to Rs 543.20, TATAMOTORS by 1.53% to Rs 153.00., ZEEL by 1.39% to Rs 404.35.

Top Losers

DRREDDY By -5.59% to Rs 2,615.00, M&M by -4.71% to Rs 650.00, ONGC by -4.09% to Rs 138.25, HINDALCO by -3.11% to Rs 199.50, ULTRACEMCO by -2.95% to Rs.3,453.00.

Analysis Of Top Gainer And Loser

IOC is the top gainer in today's market ,State-owned Indian Oil Corp has emerged as the biggest bidder for city gas licenses in the 10th bid round IOC, the country's top oil refiner and fuel marketing company that is looking to diversify into natural gas distribution business big time, bid for licences to retail CNG to automobiles and piped natural gas to households in 35 out of the 50 cities put on offer for the 10th round and another seven in partnership with Adani Gas.

DRREDDY is the top loser in today's market, The drugmaker received a Form 483 with 11 observations from the U.S. FDA after the inspection of Formulations Manufacturing Plant in Hyderabad, Form 483 is used by the drug regulator to document and communicate concerns discovered during plant inspections.

Key Market News

  • India's exports to China has reached $12.7 billion during April-December 2018 on account of growth in shipments of marine products, chemicals, plastics, petroleum products, grapes and rice, the commerce ministry said Friday.
  • Bad loans of public sector banks declined by more than Rs 31,000 crore to Rs 8,64,433 crore in the first nine months of the current fiscal as compared to the end of March 2018, the government said Friday.
  • Foreign investors have infused close to Rs 5,300 crore in the Indian equity markets in the last six trading sessions, mainly on expectations of higher economic growth. This comes following a pullout of Rs 5,264 crore by foreign portfolio investors (FPIs) in January. Prior to that, they had put in Rs 5,884 crore in the stock markets during November-December 2018.
  • SEBI on February 8 issued a new circular related to the physical settlement of stock derivatives. According to the circular, in addition to the existing schedule of stock derivatives, the derivatives on stock meeting the eligibility criteria specified by the regulator will also be physically settled from the new expiry cycle.
  • The country's foreign exchange reserves increased by $2.063 billion to $400.24 billion in the week to February 1, on account of rise in foreign currency assets, according to RBI data.
  • U.K. Gross Domestic Product (GDP) YoY reported 1.3%

Stocks To Watch

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

MEGHMANI ORGANICS is currently quoting at Rs.54.80 up by Rs 6.40 or 13.22% from its previous closing of Rs.48.40 on the NSE. The scrip opened at Rs.48.95 & has touched a high & low of Rs.57.20 and Rs.47.30 respectively. So far 47,57,743(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,412.72Cr. 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.

NOCIL is currently quoting at Rs. 123.10 down by Rs.-4.55 or -3.56% from its previous closing of Rs.127.65 on the NSE. The scrip opened at Rs.127.00 & has touched a high & low of Rs.128.00 and Rs.121.50 respectively. So far 2,86,106(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,039.74cr. The BSE/NSE group stock has touched a 52 week high of Rs 232.50 on 18-APR-2018 & a 52 week low of Rs 121.50 on 11-FEB-2019.

Share Market News 07-February-2019


RBI rate cut fails to cheer D-Street; Sensex, Nifty end flat.

Indian Equity Benchmark indices started on the Flat note ahead of RBI policy announcement later in the day. The Reserve Bank of India is been likely to change its monetary policy stance to "neutral" from "calibrated tightening", in the first meet under the leadership of Shaktikanta Das, who was appointed last December. the Sensex is up 51.30 points at 37026.53, while Nifty is up 12.70 points at 11075.20.Among sector compiled by NSE advanced, led by the Nifty Pharma 1.3 percent rally. While, the Nifty Realty was the top sectoral loser, down 0.27 percent. 180 companies to report Q3 numbers today

In the afternoon session, Indian markets were trading higher The Sensex grew 106.45 points or 0.29% at 37081.68, and the Nifty up by 28.30 points or 0.26% at 11090.75 Among sector. except for energy, all sector indices were trading in green led by Auto, Pharma. In a Broder Market, the NSE mid-cap & Small-Cao was underperforming the major indices, NSE mid-cap was down by 0.34% and smallcap indices were trading lower by 0.36%, respectively.

In the last hour of trade, Indian equity benchmarks were trading at days high with Nifty around 11100 level. Indias Monetary Policy Committee Cuts Rate By 25 Basis Points to 6.25 percent. Indian equity Benchmark indices ended flat, The Sensex was down 4.14 points at 36971.09, while Nifty was up 6.90 points at 11069.40. Among the sectors, auto, FMCG, IT and pharma index were in green, while energy and infra index remains weak. In the broader Market, the NSE MidCap Index was up by 0.74 percent and the NSE SmallCap Index grew by 0.71 percent. The 25 bps cut in policy rates is a welcome move and in line with industry expectations as well as with central banks in advanced economies. Resulting lower cost of funds would help the NBFC sector to recover faster and its positive effects would trickle down to the larger sections of the economy namely real estate and MSMEs. NBFCs would also benefit from RBIs decision to link bank risk weights on NBFC exposures to the rating of such instruments.

Top Gainers

ZEEL by 4.56% to Rs 405.70. , SUNPHARMA by 4.13% to Rs 433.80, EICHERMOT by 3.56% to Rs 21,855.00, BAJAJ-AUTO by 3.01% to Rs 2,853.65., GRASIM by 2.86 to Rs 754.50.

Top Losers

JSWSTEEL By -2.35% to Rs 272.75, RELIANCE by -1.70% to Rs 1,288.00, LT by -1.46% to Rs 1,295.15, POWERGRID by -1.18% to Rs 184.60, HDFC by -1.13% to Rs.1,965.50.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market after the company said its promoters are open to sell over 50 percent of their holdings as a part of their asset monetization to repay debt.

JSWSTEEL is the top loser in today's market, a day after it reported a 10 percent year-on-year (YoY) drop in consolidated profit to Rs 1,603 crore for the December quarter. Revenue from operations rose 11 YoY to Rs 20,318 crore, while the operating Ebitda rose 17 percent YoY to Rs 4,501 crore, the company said in a BSE filing. Global brokerage CLSA expects a sharp fall in the fourth quarter margin and had maintained a 'Sell' call on the stock with a target price of Rs 225.

Key Market News

  • Indias Monetary Policy Committee Cuts Rate By 25 Basis Points to 6.25 percent.
  • India Reverse REPO Rate at 6.00%
  • The Reserve Bank of India has relaxed regulations on the bank exposures to NBFCs in order to facilitate the flow of credit to well-rated firms, according to its statement. Risk-weights of bank exposure to NBFCs will now be in-line with the ratings assigned by credit rating agencies. This will not be applicable to NBFC-Core Investment Companies, risk-weight exposures to CICs will remain at 100 percent.
  • Indias central has bank proposed rationalization of Interest Rate Derivative so as to encourage better management of interest rate risks, it said in a statement.
  • Federal Reserve Chairman Jerome Powell said on Wednesday the US economy remains in a good place and has proved resilient so far to shocks like the British decision to leave the European Union.
  • The Union Cabinet on Wednesday approved proposals to amend the Banning of Unregulated Deposit Schemes Bill, 2018. This will further strengthen the Bill in its objective to effectively tackle the menace of illicit deposit-taking activities, and prevent such schemes from duping the poor, Law Minister Ravi Shankar Prasad said.

Stocks To Watch

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

GRASIM is currently quoting at Rs.754.50 up by Rs 21.00 or 2.86% from its previous closing of Rs.733.50 on the NSE. The scrip opened at Rs.738.05 & has touched a high & low of Rs.756.80 and Rs.730.90 respectively. So far 28,48,786(NSE) shares were traded on the counter. The current market cap of the company is Rs 49,529.78Cr. The NSE/BSE group stock has touched a 52 week high of Rs.1,201.65 on 27-FEB-2018 & a 52 week low of Rs. 698.00 on 05-FEB-2018.

JSWSTEEL is currently quoting at Rs. 272.75 down by Rs.-6.55 or -2.35% from its previous closing of Rs.279.30 on the NSE. The scrip opened at Rs.278.00 & has touched a high & low of Rs.281.40 and Rs.272.00 respectively. So far 62,52,085(NSE) shares were traded on the counter. The current market cap of the company is Rs 65,953.86cr. The BSE/NSE group stock has touched a 52 week high of Rs 427.55 on 12-SEP-2018 & a 52 week low of Rs 262.20 on 30-JAN-2019.

Share Market News 06-February-2019

Sensex rises for 5th day in a row, Nifty above 11,050

Indian Equity Benchmark indices started on the positive note on Wednesday with Nifty trading above 10,950 level, Tech Mahindra Surges to record High rose as much as 5.8 percent, The stock was the top performer on Nifty as the companys quarterly profit rose in the three months ended December, led by its communications and enterprise businesses. The Sensex was up 98.30 points at 36715.11, while Nifty grew by 42.60 points at 10977.Among sector compiled by NSE advanced, led by the Nifty Media Indexs 2.4 percent rally. US stocks grew on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the highly awaited State of the Union address by President Donald Trump.

In the afternoon session, Indian markets continued to trade higher, Nifty was trading above 11000 Mark. The Sensex grew 206.26 points or 0.56% at 36823.07, and the Nifty up by 66.65 points or 0.61% at 11001.00 Among sector Media, IT, Metal was trading higher, While reality, Infra, pharma was trading in the red. In a Broder Market, the NSE mid-cap & Small-Cao was underperforming the major indices, NSE mid-cap was down by 0.34% and smallcap indices were trading lower by 0.36%, respectively.

In the last hour of trade, Indian equity benchmarks were trading at days high with Nifty around 11050 level. Indian equity Benchmark indices ended higher for the fifth day in a row, The Sensex was up 358.42 points at 36975.23, while Nifty was up 128.10 points at 11,062.50. All the sector ended in green led by metal and IT with 2 percent gain, followed by auto, energy, FMCG, and Pharma. In the broader Market, the NSE MidCap Index was up by 0.06 percent and the NSE SmallCap Index grew by 0.47 percent. We remain cautiously optimistic on the market in the near term. Tomorrows RBI monetary policy would provide further direction. The recent softening in CPI inflation, disappointing IIP numbers and US Feds signal to slow the pace of interest rate hikes had built-in expectations of a rate cut or a change in policy stance in tomorrows RBI monetary policy meeting. We feel the commentary on the outlook of interest rates would hold a significance. Further, with more results scheduled in the next couple of weeks, stock-specific volatility will remain high. Globally, crude oil price and INR-USD movement would continue to remain on the market radar.

Top Gainers

TECHM by 8.12% to Rs 812.00. , CIPLA by 7.30% to Rs 545.10, ZEEL by 6.46% to Rs 388.95., BAJFINANCE by 4.39% to Rs 2,718.00., TATASTEEL by 4.34% to Rs 484.85.

Top Losers

ADANIPORTS By -3.13% to Rs 329.15, INDUSINDBK by -1.23% to Rs 1,522.75, DRREDDY by -1.04% to Rs 2,792.00, TITAN by -0.69% to Rs 1,059, AXISBANK by -0.47% to Rs.726.10.

Analysis Of Top Gainer And Loser

TECHM is the top gainer in today's market, The companys quarterly profit rose in the three months ended December, led by its communications and enterprise businesses. Key Earnings Highlights (Q3, QoQ) Revenue up 3.6 percent to Rs 8,943 crore. Net profit up 14.3 percent to 1,207 crores. EBIT up 8.6 percent to 1,439 crores. EBIT Margin at 16.1 percent versus 15.4 percent.

ADANIPORTS is the top loser in today's market, The company announced the Q3FY2019 Result, earnings before interest, tax, depreciation, and amortization rose 3 percent year-on-year to Rs 1,843 crore, according to its exchange filing. Net profit rose 41.7 percent on a yearly basis to Rs 1,409 crore, higher than the Rs 1,086-crore forecast. The companys revenue rose 5 percent year-on-year to Rs 2,824 crore for the three month period. That compares with the Rs 2,734 crore estimate. Operating margin narrowed to 65.30 percent from 66.30 percent a year ago.

Key Market News

  • The finance ministry expects Rs 69,000 crore dividend from the Reserve Bank of India (RBI) in the next financial year, sources said. The government has projected to mobilize Rs 82,911.56 crore as dividend or surplus from the RBI, nationalized banks and financial institutions during 2019-20.
  • Capital markets regulator Sebi asks exchanges to step up intra-day surveillance; stocks with negative news flow under the scanner.
  • Pradeep Singh Kharola named as Civil Aviation Secretary.
  • The Union Cabinet is likely to discuss a proposal on Wednesday for providing an additional Rs 6000-crore soft loan to sugar mills to increase their ethanol production capacities under an incentive scheme. The proposal may include non-molasses-based distilleries.
  • NSE has added Religare Enterprises, Vipul and Binani industries to the list of stocks under short-term additional surveillance measure (ASM) framework. Automotive Stampings and Assemblies and MVL have been taken out of the list.
  • U.K. Services Purchasing Managers Index (PMI) reported 50.1.
  • Foreign portfolio investors (FPIs) bought Rs 420.65 crore worth of domestic stocks on Tuesday, DIIs were net sellers to the tune of Rs 194 crore.

Stocks To Watch

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

AUROPHARMA is currently quoting at Rs.762.05 up by Rs 18.55 or 2.49% from its previous closing of Rs.743.50 on the NSE. The scrip opened at Rs.745.50 & has touched a high & low of Rs.764.50 and Rs.738.00 respectively. So far 20,20,397NSE) shares were traded on the counter. The current market cap of the company is Rs 44,567.06Cr. 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.

BIOCON is currently quoting at Rs. 634.20 down by Rs.-15.10 or -2.33% from its previous closing of Rs.649.30 on the NSE. The scrip opened at Rs.650.60 & has touched a high & low of Rs.652.55 and Rs.628.10 respectively. So far 11,79,571(NSE) shares were traded on the counter. The current market cap of the company is Rs 38,037.00cr. 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 05-February-2019

Sensex rises for the fourth day; Nifty Above 10900.

Indian Equity Benchmark indices were trading flat with Nifty holding above 10,900 level, Bharti Airtel shares fell around 2% after Moodys Investor Service downgraded Bharti Airtel Ltd. the Sensex was up 27.16 points at 36609.90, while Nifty grew by 13.40 points at 10925.70.Among sector compiled by NSE advanced, led by the Nifty Media Indexs 0.5 percent gain. While, the Nifty Metal Index was the top sectoral loser, down 0.17 percent. The market breadth was inclined in favor of sellers. About 336 shares have advanced, 455 shares declined, and 43 shares are unchanged. Wall Street had gained on Monday, with all three major indexes closing near session highs on sustained optimism of the prospects for US-China trade relations propelled technology shares.

In the afternoon session, Indian markets continued to trade mixed, Nifty was trading around 10920. While Nikkei India Services Purchasing Managers' Index stood at 52.2 in January from 53.2. The Sensex was down 4.51 points or 0.01% at 36578.23, and the Nifty up by 6.30 points or 0.06% at 10918.55. Among sector Media, Auto, Pharma was trading higher, While reality, IT, metal was trading in the red zone. In a Broder Market, the NSE mid-cap was up by 0.08% and smallcap indices were trading lower by 0.24%, respectively.

In the last hour of trade, Indian equity benchmarks were trading higher with Nifty around 10,950 level. Indian equity Benchmark indices have ended the session on a flat note, the Sensex was up 34.07 points or 0.09% at 36616.81, and the Nifty up 22.10 points or 0.20% at 10934.40. Except for automobiles, weakness was visible among all sectoral indices, with pain visible among energy, consumption, infra, and metals Indices. In the broader Market, Mid- and small-cap shares underperformed larger peers as the NSE MidCap Index drop by 0.77 percent and NSE SmallCap Index down by 1.39 percent. The market was volatile and faced stiff resistance at 10,950 levels. However, investors got bargaining opportunity in auto and private banks post January auto sales and in expectation of dovish RBI monetary policy. We continue to maintain a cautious view of the NBFC sector post the ILFS crisis. Advise investors to stay away from high debt companies and companies with corporate governance issues.

Top Gainers

ZEEL by 4.86% to Rs 364.65. , TITAN by 4.17% to Rs 1,068.50, UPL by 3.62% to Rs 798.80., DRREDDY by 2.99% to Rs 2,817.05., HEROMOTOCO by 2.94 to Rs 2,862.00.

Top Losers

COALINDIA By -2.70% to Rs 216.10, TATASTEEL by -2.38% to Rs 464.70, TATAMOTORS by -2.36% to Rs 176.00, YESBANK by -2.20% to Rs175.85, ONGC by -2.05% to Rs.143.25.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market, The Zee Entertainment Enterprises Ltd (Zeel) promoter Essel Group has secured the formal consent of its lenders to whom the shares held by Essel have been pledged, the latter announced.A late Sunday announcement by the Subhash Chandra-led Essel Group said the formal consent has been received following a meeting on the day with lenders, to the understanding reached last week which has now been finalized."As per the consent, the lenders have agreed that there will not be any event of default declared till September 30, 2019, due to the movement in the stock price of Essel Group's mentioned listed corporate entities."This consent provides the required amount of time for the Group's management to complete the strategic sale process of its key assets without any compromise on the value," it said.

COALINDIA is the top loser in today's market, Coal India approved a buyback of 4.46 crore equity shares or 0.72 percent of outstanding equity shares at Rs 235 per share aggregating up to Rs 1,050 crore.

Key Market News

  • The Reserve Bank can cut key lending rate by 0.25 percent later this week in view of benign inflation, said an SBI research report on Monday. The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das will be starting its three-day meet in Mumbai on Tuesday and will be announcing the policy on February 7.
  • The Securities and Exchange Board of India (SEBI) have almost finalized the mechanism for tap issue of bonds through a shelf offer document and this can implement it from FY20. Under tap issue, companies could be allowed to file shelf prospectus on the same lines as private placements, once a year and raise money when required without going through the process of seeking approval from regulatory authorities.
  • The fiscal deficit has touched 112.4 percent of the full-year budget target of Rs 6.24 lakh crore at the end of December on account of lower revenue collections, government data showed on February 4.
  • Bill Gross, who reigned for decades as the Bond King at Pacific Investment Management, is retiring more than four years after jumping to Janus Henderson Group from the fixed-income giant he co-founded.
  • Foreign portfolio investors (FPIs) sold Rs 112 crore worth of domestic stocks on Monday, DIIs were net sellers to the tune of Rs 65 crore, data suggested.
  • U.K. Construction Purchasing Managers Index (PMI) 50.6, fore casted 52.6. A weaker than forecast reading is generally negative (bearish) for the GBP.
  • Nikkei India Services Purchasing Managers' Index stood at 52.2 in January from 53.2

Stocks To Watch

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

UPL is currently quoting at Rs.798.80 up by Rs 27.90 or 3.62% from its previous closing of Rs.770.90 on the NSE. The scrip opened at Rs.772.85 & has touched a high & low of Rs.800.00 and Rs.772.85 respectively. So far 25,16,447(NSE) shares were traded on the counter. The current market cap of the company is Rs 40,556.41Cr. The NSE/BSE group stock has touched a 52 week high of Rs.800 on 05-FEB-2019 & a 52 week low of Rs. 537.25 on 19-JUL-2018.

BHEL is currently quoting at Rs. 58.60 down by Rs.-6.35 or -9.78% from its previous closing of Rs.64.95 on the NSE. The scrip opened at Rs.64.95 & has touched a high & low of Rs.65.15 and Rs.56.20 respectively. So far 4,89,29,404(NSE) shares were traded on the counter. The current market cap of the company is Rs 20,509.35cr. The BSE/NSE group stock has touched a 52 week high of Rs 99.25 on 14-FEB-2018 & a 52 week low of Rs 56.20 on 05-FEB-2019.

Share Market News 04-February-2019


Sensex End Higher For Third Consecutive Day,Nifty above 10900; Led by Reliance.

Indian Equity Benchmark indices started the day on a negative note after rallying for two consecutive trading sessions, Anil Ambani group companies traded lower after RCom has decided to opt for insolvency proceedings, following its failure to sell assets for paying back its lenders. the Sensex was down 132.64 points at 36336.79, while Nifty declined by 42.50 points at 10851.20. Among sector compiled by NSE fell, led by the Nifty Media Indexs 3.18 percent decline. While, the Nifty IT Index was the top sectoral gainer, up 0.56 percent. The market breadth was inclined in favor of sellers.100 companies to report Q3 numbers today.

In the afternoon session, Indian markets were trading lower, Tata steel, Icici bank, M&M were among the top loser in Nifty, Titan soared To Record High After Q3 Profit Tops Estimates. The Sensex was down 157.49 points or 0.43% at 36311.94, and the Nifty fall by 53.80 points or 0.49% at 10839.95. Among sector, Excluding Energy all other sectors were trading in red led by metal, Infra, & media drop more than 1.5%, Reliance was up by 0.84% while Tata steel was down by 4.49. In a Broder Market, the NSE mid-cap was down by 0.83% and smallcap indices were trading lower by 1.32%, respectively.

In the last hour of trade, Indian equity benchmarks recover from day's low. Nifty was trading at 10870 marks. Indian equity Benchmark indices had ended on a positive note with Nifty closed above 10,900 level. The Sensex was up 113.31 points at 36582.74, while Nifty was up 18.60 points at 10912.30. Among sectors, infrastructure, auto, metal, FMCG, and pharma witnessed selling pressure, while some buying was visible in bank, energy and IT stocks. In the broader Market, Mid- and small-cap shares underperformed larger peers as the NSE MidCap Index drop by 0.87 percent and NSE SmallCap Index down by 1.55 percent. Key things to watch out will be Nikkei India Services PMI and Composite PMI, RBI Monetary Policy Meet, U.S. Federal Open Market Committee (FOMC) Member Mester Speaks, the Reserve Bank of Australia set monetary policy

Top Gainers

TITAN by 3.32% to Rs 1,024.50. , ONGC by 3.28% to Rs 146.45, RELIANCE by 3.16% to Rs 1,289.50., EICHERMOT by 2.53% to Rs 20,160.00., BAJAJ-AUTO by 1.70 to Rs 2,647.00.

Top Losers

IBULHSGFIN By -4.21% to Rs 650.05, HINDALCO by -3.45% to Rs 204.10, YESBANK by -3.34% to Rs 179.40, HINDPETRO by -3.27% to Rs.226.35, POWERGRID by -3.21% to Rs.184.10.

Analysis Of Top Gainer And Loser

TITAN is the top gainer in today's market, Titan soared To Record High After Q3 Profit Tops Estimates, Net sales up 34 percent at Rs 5,672 crore. Ebitda up 30.8 percent at Rs 585 crore. Ebitda margin at 10.3 percent versus 10.5 percent. Profit up 35 percent at Rs 416 crore.

IBULHSGFIN is the top loser in today's market, Company is been in a downtrend from many session over the issue faced by NBFC sector. Today company has also breached long term support and can witness much more downFall.

Key Market News

  • Manufacturing PMI in India increased to 53.9 in January from 53.2 in December of 2018. Manufacturing PMI in India is reported by Markit Economics.
  • Finance Minister Piyush Goyal will address the customary post-budget meeting of the central board of Reserve Bank of India on February 9 and will also highlight the key points of the interim Budget.
  • Economic Affairs Secretary S C Garg on February 1 said the government is expecting Rs 28,000 crore from the Reserve Bank as an interim dividend in the current fiscal. The government has already received Rs 40,000 crore from the Reserve Bank of India during 2018-19.
  • FPIs has pulled out a net amount of Rs 5,264 crore from equities and Rs 97 crore from the debt markets in January, taking the total outflow to Rs 5,361 crore, According to data available with the depositories.
  • The government will find it difficult to meet the fiscal deficit target of 3.4 percent in 2019-20 on account on higher spending and low revenue growth, Moody's Investors Service said.
  • President Donald Trump had conveyed that the US' massive trade deficit with China cannot be allowed to continue, a day after the officials from both countries concluded their latest round of negotiations on trade issues.
  • "The Monetary Policy Committee (MPC) will meet during February 5 to 7, 2019, for the Sixth Bi-monthly Monetary Policy Statement for 2018-19. The resolution of the MPC will be placed on the website at 11.45 am on February 7, 2019," the central bank said in a statement on its website.
  • Oct-January sugar output stood at 18.5 million tonnes against 17.1 million tonnes last year, According to data released by ISMA
  • Chinas financial markets are closed all week for the Lunar New Year holiday. Markets across Korea and Taiwan to are shut for the day.

Stocks To Watch

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

TATASTEEL is currently quoting at Rs.474.75 up by Rs 0.05 or 0.01% from its previous closing of Rs.474.70 on the NSE. The scrip opened at Rs.474.90 & has touched a high & low of Rs.478.60 and Rs.452.00 respectively. So far 1,09,72,028(NSE) shares were traded on the counter. The current market cap of the company is Rs 54,521.84Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 720.50 on 14-FEB-2018 & a 52 week low of Rs. 441.35 on 29-JAN-2019.

AUROPHARMA is currently quoting at Rs. 760.00 down by Rs.-4.74 or -37.80% from its previous closing of Rs.797.80 on the NSE. The scrip opened at Rs.797.80 & has touched a high & low of Rs.804.95 and Rs.759.10 respectively. So far 26,59,793NSE) shares were traded on the counter. The current market cap of the company is Rs 44,898.10cr. The BSE/NSE group stock has touched a 52 week high of Rs 830.45 on 04-DEC-2019 & a 52 week low of Rs 527.00 on 04-JUN-2018.

 

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