Share Market News: Today’s Nifty & Sensex Updates

Share Market News

Share Market News 16-May-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 15-May-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 14-May-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 13-May-2019

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

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

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

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

In the broader market, The sell-off was higher as compared to benchmark indices the Mid & Small-cap declined more than 2 percent in a day. On the sectoral front, except IT, all other sector closed in red with most pain visible in Pharma, PSU bank, and Media. In todays trade Nifty has breached the strong support zone around 11,250-11,200. Now the hope stands around 11,10011,050 level, which is a combination of 61.8% retracement as well as the 200-SMA on the daily chart.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 09-May-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 08-May-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 07-May-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 06-May-2019

Global Cues, Rising VIX drags Markets By A Percent

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 02-May-2019

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

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 30-April-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 25-April-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 24-April-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 23-April-2019

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

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

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

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

The recent surge in crude oil prices has spooked our markets. The prevailing earnings season and upcoming derivatives expiry would further fuel the volatility.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 22-April-2019

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

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

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

Closing Bell for Indian Benchmark indices, Indian indices ended at day's low as selling pressure dragged Nifty below 11,600.The damage was seen in the overall sector with reality sector hurt the worst, On the other side , Nifty IT was the only sector to perform on the back of the weakness in rupee. the Sensex was down 495.10 points at 38,645.18, while Nifty was down 158.30 points at 11,594.50. The broader market continued to underperform the Benchmark indices the Mid & Small Cap was down by 1.75 & 1.76 percent.

Indian markets had a rough day on the back of a sharp rise in crude oil price above $74 per barrel. As a significant importer of crude oil, the high oil price is not good for Indian macros. Further, after a breathtaking rally of the past two months, a correction was due in the Indian markets; and crude oil has triggered it. Further, ongoing results season has provided mixed performance till date. For the markets to sustain at elevated levels, its very important for Indian corporate earnings to remain robust

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 18-April-2019

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

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

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

Closing Bell for Indian Benchmark indices, The Indices after hitting the record high was trading under pressure and closed with last hour of sell-off, The Bank Nifty was weak with Infra, metal, FMCG, and Auto had also given a supporting hand, The Energy sector was the one which closed in green as Reliance Industries was strong throughout the session . the Sensex was down 135.36 points at 39140.28, while Nifty was down 34.40 points at 11752.80. The broader market continued to underperform the Benchmark indices the Mid & Small Cap was down by 0.93 & 1.52 percent

Markets closed in the red ahead of a long weekend culminating in Easter. After a period of significant momentum ahead of the general elections, the market may take a pause in some kind of an interim profit booking. The accelerating scenario of a slowdown in global growth as also the definitive prospects of higher fuel prices and a weaker currency may also be working on the minds of the market participants at this juncture.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 16-April-2019

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

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

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

Closing Bell for Indian Benchmark indices, It was strong closing for Indices with Nifty finished slightly below 10,800. The Sensex was up 369.80 points at 39275.64, while Nifty was up 96.80 points at 11787.20. It was pure play from the heavyweight as there was no participant from the border market, The NSE MidCap Index was down by 0.03 percent and the NSE SmallCap Index was flat and closed with No gain or loss. The strength was seen from the Nifty bank Sector Which was up 1.42 percent, Other than that, Infra & Auto has seen a healthy buying in todays market, Flipside, Reality & IT has loosened up some share price and closed in the red .

Nifty rose for the fourth day. With this strong upmove, Nifty touched new highs, breaching previous high of 11,761. The current rally is expected to become broad-based soon, hopefully once election results are out. Further, earnings outcome of Nifty heavyweights (Reliance Industries and HDFC Bank) this week may provide further direction. On the global front, China GDP data, US-China trade talks as well as corporate earnings will provide cues to the investors. In addition, the rupee-dollar and oil price movement are the other key factors to consider.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 15-April-2019


Sensex, Nifty Edges Higher; Tata Motors Lead Gains

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

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

Indian Share market Update in the last hour of trade, Nifty was trading at days high, Hovering around 11,700 Mark. Indian Benchmark indices ended the Sensex was up 138.73 points at 38905.84, while Nifty was up 46.90 points at 11,690.40. Among sector compiled by NSE ended higher, led by the Nifty Metal Indexs 2.4 percent gain. While, the Nifty Media Index was the top sectoral loser, down 0.5 percent. In the broader Market Update, the NSE MidCap Index was up by 0.47 percent and the NSE SmallCap Index was higher by 0.63 percent.

The market traded on a positive note as expectation of US-China trade agreement and a likely turnaround in domestic earnings steered the sentiment. IT index outperformed due to weak rupee and optimism in earnings growth. WPI inflation inched to 3.18% in March due to the rise in food prices while IMDs forecast of near-normal monsoon may ease the concern over inflation

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 11-April-2019

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

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

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

Indian Share market Update in the last hour of trade, Nifty was trading at days low around 11550 Mark. Indian Benchmark indices ended flat after a rangebound session. The Sensex rose 21.66 points to 38,607.01 and the Nifty50 gained 12.40 points at 11,596.70. Among sector compiled by NSE ended lower, led by the Nifty Metal Indexs 1.2 percent decline. While, the Nifty Auto Index was the top sectoral gainer, up 0.53 percent. In the broader Market Update, the NSE MidCap Index was up by 0.09 percent and the NSE SmallCap Index was higher by 0.25 percent.

Hang Sang gave a dismal start to the day and other Asian indices also showed weakness. In India, Nifty consolidated after it made new highs last week. Broader indices are losing steam and the general sentiment among the participants was lackluster. General elections to continue to remain in focus and will keep markets volatile in the near term. The result of IT majors Infosys and TCS is going to kick start the earnings season tomorrow. Besides, important macroeconomic data IIP and CPI inflation are also scheduled.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 10-April-2019

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

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

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

Indian Share market Update in the last hour of trade, Nifty was trading around 11600 Mark. Indian Benchmark indices finished at the days low, Nifty below 11,600 Mark. The Sensex was down 353.87 points at 38585.35, and the Nifty was down 88.40 points at 11,583.60. Among sector compiled by NSE ended lower, led by the Financial Services Index's 1.13 percent fall. While, the Nifty Realty Index was the top sectoral gainer, up 1.13 percent. In the broader Market Update, the NSE MidCap Index was down by 0.28 percent and the NSE SmallCap Index was higher by 0.32 percent.

Market slid ahead of the start of the first phase of polling and renewed concern over global economic growth after IMF downgraded the growth forecast to 3.3% for 2019. Volatility is likely to remain high in the near term, hence we continue to remain cautious on the Indian market. Further, the trend of the market is likely to be dictated by domestic events like Q4FY19 earnings season and domestic macro data (IIP & CPI). Moreover, market participants would keenly watch the progress of central elections starting tomorrow. Globally, progress on US-Europe trade talk, the behavior of crude oil prices and fluctuation in currency, would further induce volatility in the markets.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 09-April-2019

Sensex, Nifty End Higher; IT Stocks Surge

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 08-April-2019

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

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

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

Indian Share market Update in the last hour of trade, Nifty was seen in the selling pressure, trading around 11600 Mark.HDFCBank & Reliance dragged the Indices lower. Indian equity benchmarks indices ended lower Nifty to finished just above 11,600 level. The Sensex was down 161.70 points at 38700.53, while Nifty was down 61.50 points at 11604.50. Among sector compiled by NSE fell, led by the Nifty Realty Indexs 2.19 percent fall. While, the Nifty IT Index was the only sectoral gainer, up 0.66 percent. In the broader Market Update, the NSE MidCap Index was down by 0.79 percent and the NSE SmallCap Index was lower by 0.54 percent.

The domestic market started this week on a weak note. Investors have turned cautious with crude oil prices rising to their highest level since November 2018, owing to OPECs ongoing supply cuts & US sanctions against Iran and Venezuela. Additionally, general elections and the start of Q4 earnings season is adding to the cautiousness, we may see some profit booking in the near-term given sharp run-up in markets

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 04-April-2019

RBIs Disppoints Markets With a Neutral Stance, Sensex ends 192 pts lower

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

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

Indian Share market Update in the last hour of trade, Nifty was trading around 11600 Mark. Indian equity benchmarks ended lower for the second consecutive trading session after the Reserve Bank of India cut repo rate as per the expectations, but refrained from shifting to a more easy stance. the Sensex was down 192.40 points at 38,684.72, while Nifty was down 46 points at 11,598. Among sector compiled by NSE fell, led by the Nifty IT Indexs 1.37 percent decline. While, the Nifty Media Index was the top sectoral gainer, up 1.09 percent. In the broader Market Update, the NSE MidCap Index was down by 0.21 percent and the NSE SmallCap Index was lower by 0.47 percent.

A key takeaway from the policy is the projection of benign inflation for FY2020. Since the GDP growth rate for FY2020 has been lowered in this benign inflation scenario, one can expect more rate hikes probably two more this year. The stance has been maintained at neutral perhaps in the context of the rising crude price and concerns regarding a below normal monsoon.

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 03-April-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 02-April-2019

Sensex Closes At Record High; Tata Motors surges

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

Share Market News 01-April-2019

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

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

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

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

Top Gainers

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

Top Losers

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

Analysis Of Top Gainer And Loser

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

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

Key Market News

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

Stocks To Watch

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

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

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

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Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

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