Indian Market Trends With Weekly Update

Intraday Stock Cash Tips:-

BUY GODFRY ABOVE 1275 TG-1283-1293 SL 1259.9

BUY NAVINFLOUR ABOVE 1830 TG-1843-1860 SL 1807.85

BUY ATUL ABOVE 1685 TG-1695-1708 SL 1661.9

BUY 8K MILES ABOVE 1845 TG-1855-1868 SL 1827.85

Market Trend:-

The S&P BSE Sensex started on a cautious note in morning trade on Monday, led by gains in Bajaj Auto, ICICI Bank, HDFC Bank, RIL, and Dr Reddy's Laboratories.
The Nifty50 managed to recoup its early morning losses, but was still trading above its crucial psychological level of 7850, supported by gains in realty, power, oil & gas, banks, pharma, and auto stocks.
Shares of Vedanta, GAIL slipped up to 2 per cent in trade while those of Adani Ports, Asian Paints and SpiceJet gained up to 3 per cent.
The rupee fell by 4 paise to 66.23 against the US dollar on Monday in contrast to the gains seen in other Asian currencies.

• Indian markets edged up. Sensex & Nifty up by 1.01% and 1.21%
• Wall Street ended flat. USD Core CPI (MoM) (Oct) comes 0.2%.
• Asia-Pacific markets closed positive. India WPI Inflaction (YoY)(Oct) -3.81%

1. Indian indices recover from support level amid strength in Indian currency and bet the US Federal Reserve sentiments. A slew of policy announcement by the government after Wednesday’s market close also boosted investor sentiment. Recovering from a 2month low, the Sensex ended at up 359 points the biggest advance since oct5. The much-awaited 7th pay commission has proposed a 23.55% hike in emolument, including pay, allowances and pension for 4.8m government employee and 5.5m pensioners.  
2. Indian indices remained in consolidated mode between 7720-7790 range and closed on weak note so week ahead again market is likely to go down if Nifty sustains below 7850 level but sustaining above 7900 level may lead a bullish rally. Dropping of general Wholesale Price (WPI) in Oct. for 12th straight month in oct. masked the fact that some food items have seen a surge in inflation since Nov. last year. The downward spiral in wholesale price index has been characterized by ebbing weak domestic demand.
3.  World markets trend moves up during the week. USA, Asian and Euro markets were recover on positive note during the week. DAX and CAC closed positive by 3.84% and 2.14% each. FTSE100 index went up by 3.54%; S&P 500 closed positive by 3.1
   8%; NASDAQ were up by 3.57%. In Asian market Nikkei went up by 1.44%. HangSeng went down by 2.74% & KLSE went up by 0.18%. Jakarta was up by 1.98%, Straits Times down by 0.27% and Seoul closed on positive note by 0.84%.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-plus-tips.php or call at 0731-6615050.

Toady’s Intraday Cash Tips & Opening Bell-CapitalHeight

Intraday Stock Cash Tips:-

BUY GODFRY ABOVE 1200 TG-1210-1220 SL 1187.35

BUY NAVINFLOUR ABOVE 1860 TG-1873-1895 SL 1837.85

BUY GODFRY ABOVE 1200 TG-1210-1220 SL 1187.35

BUY NAVINFLOUR ABOVE 1860 TG-1873-1895 SL 1837.85

Market Outlook:-

The market has opened flat as the Sensex is down 23.77 points at 25818.15. The Nifty is down 12.80 points at 7829.95. About 550 shares have advanced, 260 shares declined, and 48 shares are unchanged. GAIL, Dr Reddy's Labs, Wipro, Hero MotoCorp and TCS are top gainers in the Sensex. Among the losers are Sun Pharma, Hindalco, Lupin, Bharti Airtel and Reliance. The Indian rupee has opened higher by 8 paise at 66.10 per dollar on Friday against previous close of 66.18 a dollar.

Indian Market Overview:-

• Strength. Nifty future up by 126 points to end at 7858.
• The 30-share BSE Sensex zoomed by 359 points and closed at 25584 as global reacted positively to the release of Federal Reserve's October meeting minutes.
• The fourth round of coal mines auction will be notified on Friday, Coal Secretary Anil Swaroop told media. This time eight blocks will be auctioned, and due date for bids is fixed for December 31.
• Jindal Stainless shares crashed Thursday on demerger of its three wholly owned subsidiaries - Jindal Stainless (Hisar), Jindal United Steel and Jindal Coke.

Global Market Overview:-

• Asian equities opened higher on Thursday after US markets reacted positively to the release of Federal Reserve's October meeting minutes that signaled a likely interest rate hike in December.
• US markets all ended in positive territory, with the Nasdaq Composite outperforming to close 1.79 percent or 89.19 points higher. The Dow Jones Industrial Average closed 247.66 points or 1.42 percent higher while the S&P 500 finished 1.62 percent or 33.14 points up.
• Japanese exports fell for the first time in 14 months in October, exacerbating concerns for an economy already in recession and struggling to muster inflation despite aggressive monetary stimulus.
• Exports slumped 2.1 percent from a year earlier in October, while imports fell 13.4 percent, data from the Ministry of Finance (Japan) showed on Thursday.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-premium.php or call at 0731-6615050.

Today’s Indian Market Position By Capital Height

Indian Rupee Update :-

The Indian rupee has opened higher in early trade on Thursday. It has gained 19 paise at 66.10 per dollar versus 66.29 Wednesday.The USD-INR is expected to trade today in a range of 66.10-66.35/dollar

Intraday Stock Cash Tips :-

BUY GODFRY ABOVE 1200 TG-1210-1220 SL 1187.35

BUY NAVINFLOUR ABOVE 1960 TG-1973-1995 SL 1937.85

BUY ARROWCOAT ABOVE 724 TG-730-738 SL 714.85

BUY ZENSAR TECH ABOVE 1040 TG-1048-1058 SL 1027.85

 Today’s Indian Market:-

• Nifty future fell more than 1.5 percent on global weakness dragged by banking & financials, technology and metal shares. Nifty future fell by 120 points to end at 7731.
• The 30-share BSE Sensex plunged 381 points and closed at 25482. The fall in broader markets was less compared to benchmarks as the BSE Midcap and Smallcap indices were down 0.7 percent each.
• The Cabinet on Wednesday has approved proposal to sell 10 percent equity stake in Coal India, the country's largest coal mining company.
• The Government of India currently has 79.65 percent equity shareholding in the Coal India while foreign institutional investors have 9.04 percent stake and domestic institutional investors 8.44 percent stake as of September 2015.

The market has opened higher after a sharp slide yesterday. The Sensex is up 165.64 points or 0.6 percent at 25648.16 and the Nifty is up 48.50 points or 0.6 percent at 7780.30. About 658 shares have advanced, 89 shares declined, and 24 shares are unchanged. Hero MotoCorp, Maruti, ICICI Bank, Bajaj Auto and Vedanta are top gainers in the Sensex. Among the losers are GAIL and M&M.  

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-plus-tips.php or call at 0731-6615050.

NSE BSE EQUITY TIPS BY CAPITALHEIGHT

INTRADAY STOCK CASH TIPS:-

• 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

INDIAN MARKET OVERVIEW :-

         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.

GLOBAL MARKET OVERVIEW :-

          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. 

MARKET NEWS:-

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.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-premium.php or call at 0731-6615050.