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Showing posts from October, 2017

Live Stock Market Updates - Indices open in the green

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Equity tips:- Nifty and Sensex opened in the green today. Infosys and HDFC Bank helped market open higher; on the other hand, ICICI Bank dropped at the opening.   At 9:20 AM, the S&P BSE Sensex was trading at 33,275, up by 114 points, while NSE Nifty was trading at 10,364, up by 41 points.   The BSE Mid-cap Index is trading up by 0.66% at 16512, whereas BSE Small-cap Index is trading up by 0.69% at 17429.   Infratel, ONGC, UPL, Yes Bank, Maruti are among the gainers, whereas India Bulls Housing Fin, Dr. Reddy, ICICI Bank, Wipro have lost steam on NSE.   Some buying seen in Telcom, Energy, Auto, Oil & Gas, while IT, Utilities, Banking, Realty,sectors showed weakness on the BSE.   The INDIA VIX is up by 6.23% at 12.19.   Out of 1,957 stocks traded on the NSE, 1174 advanced, 352 declined, and 431 remained unchanged today.   A total of 45 stocks registered a fresh 52-week high in trade today, while 3 stocks touched a new 52-week low on the N

Stock Market Update 28 October 2017 |capital Aim|

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Equity tips:- Weekly Recap Interesting week which saw PSU Banks post 30-47% single day gains. It took 7yrs for SBI to regain its peak. Big rally in infra/construction names too as markets cheered Bharatmala – govt’s accelerated road development project. Mixed result season – HUVR reported its best ever margins at ~22%; Infosys lowers growth guidance, Yes Bank lost more than $ 1bn in market cap as it continues to report divergences in its asset quality. Lots of love in the IPO but no takers in the secondary market as SBI Life continues to drift down (5.5% from its IPO) and a pretty weak listing for GICRE. Indices: NIFTY +112 points, SENSEX +573 points for the week Index moves: Nifty  +1.1% , Sensex  +1.8% Cash market volumes: $ 34.9bn v/s $ 16.2bn Sector Performances Best Weekly Performers: Capital Goods +4.8%, Banking +3.3%, Utilities +3.1%. Worst Weekly Performer: Cons Durable -2.3%, Healthcare -0.2%, FMCG 0.1%. Result

Live Stock Market Updates - Nifty, Sensex steady; Infratel cracks by 5.5%

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Equity tips:- Markets opened on a positive note taking the cues from US market gains. PSU Banks and Telecom sector lose steam; Infratel cracks by 5.5%. dragging the Telecom sector down. At 10:47 AM, the S&P BSE Sensex is trading at 33,208, up by 61 points, while NSE Nifty is trading at 10,350, up by 6 points. The BSE Mid-cap Index is trading up by 0.52% at 16,419 whereas BSE Small-cap Index is trading up by 0.67% at 17,372. Adani Ports, Bajaj Finance, Aurobindo Pharma, Kotak Mahindra Bank, and Cipla are among the gainers, whereas YES Bank, Infratel, Bharti Airtel, Indian Oil and HPCL are losing steam on NSE. Some buying seen in Basic Materials, FMCG, Industrials, Auto, Utilities, and Capital Goods,  while Energy, Telecom, Bank, and Oil & Gas sectors show weakness on the BSE. The INDIA VIX is down by 0.51% at 11.55. Out of 1,971 stocks traded on the NSE, 1,032 advanced, 565 declined, and 374 remained unchanged today. A total of 75 stocks registered

Live Stock Market Updates - Nifty reclaims 10,300 mark; BPCL, Yes Bank gain

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Equity tips:- Benchmark indices recovered losses seen earlier in the session helped by gains in shares of oil marketing and metal companies  Surge in shares of Bharat Petroleum Corp, India Oil Corp and Hindustan Petroleum Corp aided the gains in the benchmarks after Oil Minister Dharmendra Pradhan said there is need for full marketing and pricing freedom for oil marketing companies At 1:19 PM, the S&P BSE Sensex is trading at 33,060 up by 18 point, while NSE Nifty is trading at 10,312, up by 17 points. The BSE Mid-cap Index is trading up by 0.51% at 16,332 whereas BSE Small-cap Index is trading up by 0.71% at 17,280. HPCL, BPCL, Cipla, Yes Bank, and L&T are among the gainers, whereas Indiabulls Housing Finance, HCL Technologies, Power Grid, Infratel and ICICI bank are losing steam on NSE. Some buying seen in Capital Goods, Metals, Basic Materials, Finance, Industrials, Metals, and Oil&Gas,while Telecom, consumer durables, and Tech sectors show weakne

Live Stock Market Updates - Sensex rallies 300 points, SBI up by over 20%

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Equity tips:- Nifty and Sensex opened on a positive note following the strong push from Banking Sector. SBI Bank leads the Banking Index with strong gain of over 18%, followed by ICICI Bank, that rose by 10%. At 9:27 AM, the S&P BSE Sensex is trading at 32,912, up by 305 points, while NSE Nifty is trading at 10,285 up by 77 points. The BSE Mid-cap Index is trading up by 0.59% at 16,276 whereas BSE Small-cap Index is trading up by 0.4% at 17,260. SBI, ICICI Bank, L&T, Axis Bank, and Ultra Cement are among the gainers, whereas HDFC, HDFC Bank, Indiabulls Housing Finance, Kotak Bank, and Indusland Bank are losing steam on NSE. Some buying seen in Basic Materials, Bank, Finace, Industrials,  Capital Goods, and Power while Consumer Durables show weakness on the BSE. The INDIA VIX is up by 3.21% at 11.96. Out of 1,971 stocks traded on the NSE, 1,130 advanced, 365 declined, and 431 remained unchanged today. A total of 40 stocks registered a fresh 52-week

Results to watch out - Infosys, HDFC Bank, ZEE, Ambuja

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Equity tips:- The results which are expected today are Infosys, HDFC Bank, Ambuja Cements, Asian Paints, Zee Ent, ABB India, Can Fin Homes, ICICI Prudential Life Insurance Company, Rallis India, Raymond, Artson Engineering, Chambal Fertilizers And Chemicals,  GHCL, Indian Metals And Ferro Alloys, Phillips Carbon Black, Radico Khaitan, Saregama India, TTK Prestige. Here is the street expectation for the companies: Infosys Q2FY18: (QoQ): PAT likely to increase by 1.3% to Rs 3,530 Cr. Dollar Revenue may rise by 3.5% to $ 2,745 Cr. EBIT is seen up 1.1% higher at Rs 4,156 Cr. EBIT margin is seen narrowing to 23.6% from 24.1%. HDFC Bank Q2 FY18 (YoY): PAT likely to increase by 20.7% at Rs 4,171 Cr. NIM expected to be stable sequentially at 4.4%. NII seen 20.2% up at Rs 9,610 Cr. Ambuja Cements Q3 CY17 (YoY): PAT may decline 13.2% at Rs 240 Cr. Sales is seen higher by 14% at Rs 2,280 Cr. EBITDA seen up 20.2% at Rs 365 Cr. Margin may expa

Live Stock Market Updates - Nifty hovers around 10,200 mark; Adani Ports, Zee up 2%

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Equity tips:- Benchmark indices open higher following positive cues from the global markets, with the Nifty reclaiming 10,150 level on short covering after over a percent loss seen in previous week.   At 9:47 AM, the S&P BSE Sensex was trading at 32,490, up 100 points while the broader Nifty50 index was ruling at 10,192, up 44 points.   The BSE Mid-cap Index is trading up by 0.56% at 16,166 whereas BSE Small-cap Index is trading up by 0.31% at 17,134.   Shares of energy companies were the lead gainers today, with the Nifty Energy index rising 1.5%, led by 2% gains in shares of Reliance Industries.   The Indian rupee has opened at 65.07 a dollar, falling 5 paise compared with previous close of 65.02 a dollar.   Adani Ports, Zee, Airtel, HPCL and BPCL are among the gainers, whereas Axis Bank, Infratel, Bajaj Auto, HDFC and Bosch are losing steam on NSE.   All sectorial indices are trading in green on the BSE. Hero Motocorp, Bharti Airtel, Dr Reddy's

Axis Bank slumps over 6% post quarterly earning

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Equity tips:- Shares of Axis Bank have slumped by over 6% in opening trades after announcing quarterly earning post market hours on Tuesday.  The stock opened at Rs 488 hit an intraday high of Rs 489 and an intraday low of Rs 482. Total traded volumes were approx 0.35mn shares. The quarterly results missed street estimates as NII for the quarter was 4.5% below street estimates of Rs.4741 crore. Also, net profit for the quarter was almost 66% down from street estimates of Rs.1298 crore. NII for the quarter remained flat at Rs.4539 crore vs Rs.4513 crore in previous year corresponding quarter. This was largely due to muted interest income growth to Rs.11235 crore vs Rs.11159 crore in Q2FY18. Asset quality of the bank deteriorated further as GNPA’s for the quarter rose by almost 67% yoy to Rs 27402 crore. As a percentage to total advances, GNPA’s for the quarter rose by 173 bps to 5.9% vs 4.17% in Q2FY17. While Net NPA’s also increased by 110 bps to 3.12% vs 2.02%

Top 15 stocks in focus today: Reliance Industries, Hatsun Agro, Jain Irrigation

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Equity tips:- Reliance Industries, BP submit revised investment plan for KG-D6 gas finds. Five bidders in fray for 30% stake in Jaiprakash Power. TCS says Nielsen extends pact with company for five years. Jain irrigation redeems foreign currency convertible bonds of $40 million. Xl Group to acquire a 20% minority stake in unit Mahindra Insurance Brokers. Snowman Logistics bagged an exclusive deal fro IKEA to manage backend operations of its in-store restaurants business in India. The value of the deal was not known. Hatsun Agro Product invests Rs 60 crore to expand its cattle feed production plant in Tamil Nadu. Pharma stocks in focus today. A proposed amendment to the four-year-old DPCO aims to bring non-scheduled drugs under price control by changing the pricesetting method, a move that pharmaceutical companies say will be detrimental to the industry's growth and kill competition. Federal Bank' s net profit soared 31% to Rs 264 crore

Live Stock Market Updates - Sensex, Nifty erase early morning gains; RIL, Axis Bank stock down

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Equity tips:- The Indian equity market came off the record highs on the back of profit-booking in Reliance Industries and select banking & financials stocks. Metals, FMCG and auto stocks continued to gain. At 10:28 AM, the S&P BSE Sensex is trading at 32,515, up by 85 points, while NSE Nifty is trading at 10,193 up by 25 points. The BSE Mid-cap Index is trading up by 0.05% at 15,974 whereas BSE Small-cap Index is trading up by 0.16% at 16,953. Bharti Airtel, Vedanta, Hindalco and Cipla are among the gainers, whereas Axis Bank, Indusland Bank, RIL, Yes Bank and SBI are losing steam on NSE. Godrej Agrovet settles at Rs 615.6/sh vs issue price of Rs 460/sh. OMCs stock at day's high. Gail, IOC, BPCL gain by nearly 1%. BSE Telecom Index gains 1.5%. TTML (+10%), Idea (+3%), Infratel (+2%), Airtel (+1.5%) IndusInd Bank (-2%) seals the deal to acquire Bharat Financial Inclusion (+3%). Deal values Bharat Financial at Rs 1,118 per share, a premium of

Is Nifty all set for another fresh breakout?

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Equity tips:- equity tips Nifty has rallied over 300 points in the past two weeks and has carried forward the momentum swiftly. After being stuck in a consolidation phase for the past two months Nifty is once again on the verge of a Channel Pattern breakout on daily chart. A close above the 10178 mark on closing basis would confirm the same which would then see another 400-450 point upside for the Nifty. Bank Nifty has been a big contributor to Friday’s smart rally which was missing from past many days. Bank Nifty seems to have just begun its upswing and the next leg of rally is likely to be led by the banks. Although one cannot ignore the ongoing results season which may bring some hiccups specially the PSU Banks. But the overall set up at current juncture is indicating that there is still more room of around 300-400 points for the bank Nifty before the index hits hurdle of 25100 mark. The Nifty Metal index too has broken out from a continuation pa

Live Stock Market Updates - Nifty hovers around life time high

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Equity tips:- Nifty breaks the 10,150 barrier with Telecom stocks leading the bandwagon. Considerable buying is seen in Finance, Energy and Telecom sectors, while FMCG and Realty try to weigh the market down.   At 10:15 AM, the S&P BSE Sensex is trading at 32,361, up by 179 points, while NSE Nifty is trading at 10,148 up by 51 points.   The BSE Mid-cap Index is trading up by 0.19% at 15,989 whereas BSE Small-cap Index is trading up by 0.36% at 16,965. Bharti Airtel, Infratel, Tata Steel, TCS, and Tata Motors are among the gainers, whereas GAIL, BPCL, NTPC, Dr Reddy, and ITC are losing steam on NSE.   BSE Telecom Index up 4%. TTML (+10%), Airtel (+7%), Idea (+4%), Infratel (+3%), Tata Comm (+1%).   Nifty Metal Index up over 1%. MOIL (+4%), SAIL, Tata Steel (+2%), Hindustan Zinc, NMDC, Vedanta (+1%).   RIL at record high; gains 6% this week before earnings.   Bharti Airtel (+7%), Tata Teleservices (+9%), Tata Comm (+1%) after Airtel decided to buy consumer te

Live Stock Market Updates - Nifty above 10K; Sun Pharma on the lead

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Equity tips:- stock cash tips Nifty and Sensex go in the green with Nifty above the 10K Mark. Metal and Pharma sector drive the market with Sun Pharma leading.   Back home, earnings season for September quarter kicks off today. Among Nifty companies, TCS and IndusInd Bank are scheduled to report their Q2 numbers later in the day.  Industrial output numbers and consumer price inflation data are expected later in the day.   At 10:08 AM, the S&P BSE Sensex is trading at 31,930, up by 96 points, while NSE Nifty is trading at 10,021 up by 37 points.   The BSE Mid-cap Index is trading up by 0.45% at 15,875 whereas BSE Small-cap Index is trading down by 0.76% at 16,837.   Hindalco, Infratel, Sun Pharma, NTPC and Lupin are among the gainers, whereas Bharti Airtel, Ultra Cement, Asian Paints, Cipla, and ICICI Bank are losing steam on NSE.   Nifty Realty Index up by 1%. Indiabulls Real Estate gains by 3%, followed by HDIL and DLF   Liquor stocks in focus as Kerala g

Live Stock Market Updates - Nifty reclaims 10K

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Equity tips:- equity tips The Indian stock market edged higher led by gains in Larsen & Toubro, Infosys and Tata Steel. All the sector gauges compiled by BSE were trading higher led by the S&P BSE Capital Goods Index's 0.8% gain. Lupin, L&T, Indiabulls Housing, IndusInd Bank, M&M, Aurobindo Pharma, Cipla and Tata Steel were early gainers while HDFC, Kotak Mahindra Bank and Axis Bank were under pressure. At 9:32 AM, the S&P BSE Sensex is trading at 31,934 up 87 points, while NSE Nifty is trading at 10,016 up 37 points. The BSE Mid-cap Index is trading up 0.5% at 15,909, whereas BSE Small-cap Index is trading up 0.55% at 16,825. Lupin, Infratel, Infosys, IndusInd Bank and UPL are among the gainers, whereas BPCL, HPCL, Amubuja Cement and HDFC are losing sheen on NSE. Lupin stock gained nearly 1.5% after the pharmaceutical company has received final approval from the US health regulator to market generic Nadolol tablets, used for treatm

Live Stock Market Updates - Nifty reclaims 10K |capitalaim|

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Equity tips:- equity tips The Indian stock market rebounded after opening lower led by gains in ICICI Bank, Tata Motors and Tata Steel. The Nifty 50 Index reclaimed its crucial psychological level of 10K. Asian stock markets trade higher on Monday as investors in Asia awaited the release of China Caixin services PMI. Meanwhile, Nifty Pharma Index is gaining on bourses among the sector indices on NSE. The Indian rupee strengthened marginally against the US dollar in opening trade tracking gains in Asian currencies market. At 10:06 AM, the S&P BSE Sensex is trading at 31,934 up 120 points, while NSE Nifty is trading at 10,012 up 33 points. The BSE Mid-cap Index is trading up 0.5% at 15,924, whereas BSE Small-cap Index is trading up 1% at 16,750. Cipla, Zee Ent, Tata Steel, IOC and UltraTech Cement are among the gainers, whereas Adani Ports, Power Grid, HCL Tech, and ONGC are losing sheen on NSE. Tata Teleservices stock tanks 13% on reports th