Market Watch
Showing posts with label Asian Market News. Show all posts
Showing posts with label Asian Market News. Show all posts

Monday 18 January 2016

Latest Equity Stock Trading Tips Today Nifty Market Updates

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There seems to be no end to selling in Indian Stock market. The Nifty is now below 7400, first time since June 2014. The 50-share index is down 45.50 points or 0.6 percent at 7392.30. The Sensex is down 145.36 points or 0.6 percent at 24309.68.About 199 shares has advanced, 1851 shares declined, and 63 shares are unchanged. Nifty Bank is also below 15000 for first time since 2014.
Nifty Midcap is at 52-week low. Bajaj Auto, Bharti Airtel, Cipla, ONGC and Hindalco are among major laggards. GAIL, Infosys, NTPC, TCS and ITC are gainers in the Sensex. Oil prices hit their lowest since 2003 in early trading, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country at the weekend.
Indian Oil Corporation’s latest refinery here, the first in over a decade for the nation's largest fuel major, started production of petrol from the Rs 34,555-crore facility. Prime Minister Narendra Modi will dedicate the 15 MMTPA Paradip Refinery, which will primarily be producing BS-IV fuels and serving the eastern and southeastern markets apart from exports, to the nation on February 7.

Friday 15 January 2016

Afternoon Equity Stock Market News ; Nifty struggles below 7550

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Today the Nifty stock market, which slipped into negative territory after a fairly good start, bounced back in late morning only to falter again due to a fresh round of selling at some front line counters. The Sensex is down 78.72 points or 0.31% at 24,694.25, while the Nifty50 index of the National Stock Exchange is down 22.75 points or 0.3% at 7514.05.
After a steady start, the Indian stock market drifted lower this morning, with investors treading cautiously amid mixed global cues. After recent disappointing data on industrial production and inflation and a somewhat mixed first batch of quarterly earnings reports, investors are looking for fresh direction. The stock market has opened volatile on last day of the week following mixed Asian cues.
The equity market remained marginally lower amid consolidation with the Sensex falling 35.95 points to 24737.02 and the Nifty declining 15.40 points to 7521.40. The broader markets have fallen more compared to benchmarks; the BSE Midcap was down 0.6 percent and Smallcap lost 0.9 percent. More than two shares declined for every share advancing on the Bombay Stock Exchange.