Market Watch
Showing posts with label Today Market. Show all posts
Showing posts with label Today Market. Show all posts

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.

Wednesday, 18 November 2015


Image result for bse
  • BUY GODFRY ABOVE 1270 TG-1277-1287 SL 1254.95
  • BUY NAVINFLOUR ABOVE 1980 TG-1990-2008 SL 1959.9
  • SELL DR REDDY BELOW  3435 TG-3425-3410 SL 3458.85
  • BUY ZENSAR TECH ABOVE 1035 TG-1043-1053 SL 1019.9
         Nifty traded higher for second consecutive session on Tuesday, tracking positive global cues. Nifty rose by 30 points to end at 7837.
          The 30-share BSE Sensex climbed 104 points and closed at 25864 led by Relief rally in FMCG, metals and select banking & financial.
          Videocon Industries will raise USD 97.20 million (about Rs 641 crore) through five year Foreign Currency Convertible Bonds (FCCBs) due in 2020.
           Ajanta Pharma launched generic version of Singulair granules, used in the treatment of asthma, in the US market.
          Asian and European markets gained strength today, taking positive lead from Wall Street. In Asia, Hang Seng, Nikkei, Kospi and Taiwan Weighted closed 1-1.5 percent higher.
           Share markets in China tracked the gains across Asia on Tuesday, with the benchmark Shanghai Composite elevating 0.9 percent at the start of trade.
           In Europe, France's CAC rallied 2 percent followed by Britain's FTSE and Germany's DAX with 1.7 percent upside.
Greece reached an agreement with its lenders on financial reforms early on Tuesday, its finance minister said, removing a major obstacle holding up fresh bailout loans for the cash-starved country. 
The market has opened on a flat note following lacklustre global cues Wednesday. The Sensex fell 10.44 points to 25854.03 and the Nifty declined 7.95 points to 7829.60. Infosys fell again on margin warning, down nearly 2 percent. HDFC, TCS, Axis Bank, Hero Motocorp and ONGC were down over 0.4 percent. ITC continued to be lead contributor to Sensex's gains, up 0.5 percent followed by Tata Motors, Lupin. The Indian rupee has opened lower by 10 paise at 66.12 per dollar today against previous days's closing value of 66.02 a dollar.

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