Latest Stock Tips Updates and News

Shares of oil marketing companies such as BPCL, IOCLBSE -5.07 % and HPCLBSE -8.17 % slipped as much as 8 percent as international crude oil prices shot up on concerns of supply disruption following tensions in Iraq.

Indian shares slumped nearly 1.5 percent on Friday, posting their biggest single-day fall in nearly 4-1/2 months as blue-chips such as ICICI Bank fell on risk aversion after crude oil scaled nine-month highs on rising violence in Iraq.

The 30-share BSE Sensex fell 348 points, the biggest drop since January 27, following geo-political tensions that overshadowed the positive economic data announced on Thursday.

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Stock Tips & Updates - Indian Shares Slump Nearly 1.5 %

India's BSE index falls 1.3 percent while the NSE index is down 1.4 percent, heading towards their biggest single-day fall since Jan. 27 as crude oil scaled nine-month highs on Friday on the escalating civil war in Iraq. 

Investors say higher crude oil price, if sustained, would increase India's subsidy bill and trade deficit. Among blue-chips, Reliance Industries falls 1.5 percent while Axis Bank slumps 3.1 percent.

Tata Motors falls 2 percent while NTPC is down 4.2 percent. 

The 50-share index was at 7,532.40, down 117 points or 1.53 per cent. It touched intraday high of 7,678.50 and a low of 7,525.35 in trade today. 

 The S&P BSE Sensex was at 25,197.57, down 378 points or 1.48 per cent. It touched intraday high of 25,688.31 and a low of 25,171.61 in trade today. 

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The S&P BSE Sensex was at 25,197.57, down 378 points or 1.48 per cent. It touched intraday high of 25,688.31 and a low of 25,171.61 in trade today.

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Stock Tips Alert: Indian Markets Trading Higher

Indian markets were trading higher despite muted trend seen in other Asian markets, which were trading lower after crude oil scaled to nine-month highs as escalating civil war in Iraq hit risk appetite.
The S&P BSE Sensex which rallied over 100 points in opening trade on Friday pared most of its intraday gain and was now trading in a narrow range with a positive bias.
Shares of India's Edelweiss Financial Services rise 7.5 percent after billionaire investor Rakesh Jhunjhunwala bought a 1.3 percent stake in the company via a bulk deal on Thursday, according to exchange data.
Asian stocks fell on Friday as escalating civil war in Iraq hit risk appetite.
The market breadth indicating the overall health of the market was strong. On BSE, 829 shares rose and 298 shares fell. A total of 24 shares were unchanged.
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Stock Market Today: Sensex up 102 Points

Indian shares edged higher on Thursday. Benchmark indices recouped previous day’s losses on Thursday supported by HDFC twins, auto and FMCG stocks but the profit booking in Infosys, Bharti Airtel and ICICI Bank capped the upside.

Overall it was a consolidation in the market for the third consecutive session. The BSE Sensex rose 102.32 points to close at 25576.21 and the NSE Nifty advanced 23.05 points to 7649.90.

Investors will closely watch May CPI inflation and April industrial output data that will be announced later in the day.

India’s largest coal mining company Coal India declined over 2 percent followed by Axis Bank, BHEL, Reliance Industries and ICICI Bank with 0.6-1.9 percent.

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Live Stock Tips & Afternoon Updates

India's BSE index is up 0.4 percent, while the broader NSE index is 0.24 percenthigher.Domestic-oriented stocks gain on continued hopes of reformsand economic revival by the newly elected Narendra Modi government.

HDFC Bank rises 2 percent, while Oil and Natural Gas Corp advances 1.4 percent.However, Bharti Airtel slumps 3 percent after Credit Suisse downgrades the stock to "underperform" from "neutral,"citing competition from rival Rel Jio, a unit of RelianceIndustries. 

Hindalco Industries (up 3.51%), Sun Pharmaceutical Industries (up 1.92%) and HDFC Bank (up 1.94%) edged higher from the Sensex pack.
Axis Bank (down 1.77%), Coal India (down 1.51%) and ICICI Bank (down 0.79%) edged lower from the Sensex pack. 

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Tops News of Stock Market Today

Indian markets are expected to trade in a range on Thursday tracking muted trend seen in other Asian markets and SGX Nifty.
Shares of India's Infosys Ltd gained 2.7 percent in pre-open trading, adding to a 6.9 percent surge over the previous two sessions, after naming former SAP AG executive board member Vishal Sikka as Chief Executive Officer.
Among corporate news, Axis Bank turns ex-dividend today, 12 June 2014, for dividend of Rs 20 per share for the year ended 31 March 2014 .
The S&P BSE Sensex, was up 4.73 points or 0.02%, up close to 70 points from the day's low and off about 135 points from the day's high.
The market breadth indicating the overall health of the market was negative.

On BSE, 767 shares fell and 747 shares rose. A total of 36 shares were unchanged.
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Stock Market Updates: Indian Shares Market Snaps 4-Day Gains

Indian shares snapped a four-day winning streak after hitting all-time highs for the fourth session on Wednesday as investors booked profits in recent outperformers such as infrastructure and capital goods stocks.

Mixed cues from regional markets also weighed on sentiment, while gains in some of the underperformers such as Infosys Ltd capped the losses.

However, overseas investors, who were supporting the 21 percent gain in the NSE index so far this year, continued to buy shares worth $115.20 million on Tuesday, provisional exchange data showed.

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