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Thursday, July 5, 2018

Reliance AGM LIVE: RIL may commercially launch broadband service JioFiber


The company is set to hold its 41st AGM since it got listed on the bourses. The market will be closely watching the management's commentary. Please stay tuned for live updates.

Reports suggest that Reliance Industries could commercially launch its broadband service JioFiber at the AGM today. The service has created quite the buzz already and is expected to give users 100 Mbps of speed for 90 days for usage of up to 100 GB of data.

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Source: https://www.moneycontrol.com/news/business/reliance-agm-live-ril-may-commercially-launch-broadband-service-jiofiber-2673211.html
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Opening Bell (5 July 2018)


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Wednesday, July 4, 2018

Closing Bell (4 July 2018)



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Market Live: Nifty at day's high, Sensex up over 250 pts; Bajaj Auto, Bharti Infratel top gainers


HDFC Bank, HDFC and Reliance Industries lifted the market higher.

The market is trading at day's high with the Sensex rising more than 200 points, backed by HDFC twins and Reliance Industries. The rally is also after the Cabinet Committee approval the proposal to raise minimum support price for kharif crops.

The Nifty is trading firmly above 10,750 levels while the Nifty Midcap index continued to underperform frontliners.

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Source:https://www.moneycontrol.com/news/business/markets/market-live-nifty-at-days-high-sensex-up-over-250-pts-bajaj-auto-bharti-infratel-top-gainers-2667561.html
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Market Live: Sensex up 150 pts despite global weakness; HDFC twins, RIL lead


Asian markets are under pressure amid trade tensions.

European stocks were slightly lower Wednesday morning, amid elevated tensions between the US and China over looming trade tariffs and investment restrictions.

France's CAC, Germany's DAX and Britain's FTSE fell 0.1-0.4 percent.

Market focus is largely attuned to the ongoing US-Sino trade row, with investors concerned that the dispute could soon derail a rare period of synchronized global growth. At the end of the trading week, Washington is set to impose tariffs on $34 billion worth of goods from Beijing. China is then expected to respond with charges of its own on US products.

In Asia, equities slipped amid escalating fears of a full-blown trade war. MSCI’s broadest index, excluding Japan, edged around 0.3 percent lower on Wednesday, reports CNBC.

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INTERNATIONAL MARKET UPDATE


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NCDEX SUPPORT & RESISTANCE LEVEL


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Closing Bell: Sensex ends 192 pts lower, Nifty below 11,600 even as RBI cuts rate

Market at close:  Benchmark indices ended lower but off day's low after Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6...