Stock Tips - Today Stock Market News By Money CapitalHeight

Stock Tips are these tips which assists us to sink money into share trading system either its Indian Stocks or globe stocks tips. Stock Tips are majorly related to, or are regarding news update on national Stock exchange, live Nifty statistics, stock charts, gainers and losers, etc. The Share tips help the investors and traders to make informed decisions by making careful observations on NSE market movements. By availing the NSE tips, the investors again benefit significantly by getting NSE market's whole picture.

Today’s Stock Market Updates:

Stocks rose sharply on Friday after robust jobs data pointed to economic growth and investors overcame concerns that the Federal Reserve may begin scaling back its stimulus efforts as soon as September. After choppy trading through much of the session, which was marked by light volume, stocks extended gains in late afternoon, pushing the benchmark S&P 500 index to close above the its 50-day moving average for the first time since June 19.

Stocks in News:

·   Unilever's USD 5 billion open offer to increase stake in Hindustan Unilever   to up to 75 percent will close today. Sources indicate that the open offer may be subscribed only 50 percent.

·   Deepak Fertiliser has acquired 24.46 percent stake in Mangalore Chemicals for Rs 182.6 crore via subsidiary SCM Soilfert. The prominent sellers were DSP Blackrock (which sold 2.4 percent stake at Rs 63/share), Sundaram BNP Paribas MF (sold 2.5 percent stake at Rs 63/share) and Indian Syntans (sold 3.4 percent stake at the same price).

·   Hindustan Copper   offer for sale (OFS) closed on Wednesday. It was subscribed 1.18 times and got bids for 4.38 crore shares. The indicative price was Rs 70 a share. The government is divesting 4.01 percent stake in the company.

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