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Thursday, August 2, 2018

Closing Bell (2 August 2018)

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INTERNATIONAL MARKET UPDATE

Nifty below 11,350, Sensex down 100 points; PSU banks, auto slip

Nifty Bank was down 0.5 percent led by ICICI Bank, Axis Bank, Yes Bank, SBI. While other losers are Hindalco, Tata Steel, Bajaj Auto, Tata Motors, Maruti Suzuki.

The benchmark indices have opened lower with Nifty slipped below 11,350 and Sensex down over 100 points. Nifty PSU banks down 1% led by SBI, Syndicate Bank, Allahabad Bank, Canara Bank, Bank of India, Andhra Bank and Bank of Baroda.

The Sensex is down 132.87 points at 37,388, and the Nifty down 36.20 points at 11,310. About 533 shares have advanced, 558 shares declined, and 57 shares are unchanged.

Nifty Bank was down 0.5 percent led by ICICI Bank, Axis Bank, Yes Bank, SBI. Other losers are Hindalco, Tata Steel, Bajaj Auto, Tata Motors, Maruti Suzuki.

On the other hand, ONGC, Indiabuylls Housing Finance, Lupin, Sun Pharma, Coal India, Bharti Infratel, Infosys, TCS are among the major gainers.

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Source:https://www.moneycontrol.com/news/business/markets/market-live-nifty-flat-sensex-gains-100-points-in-pre-opening-trade-2794891.html

Opening Bell (2 August 2018)

Wednesday, August 1, 2018

MCX SUPPORT & RESISTANCE LEVEL

Sensex, Nifty trade flat post record high opening; Tata Motors down 3%

Barring financial names, all sectoral indices are trading around the flat line, but energy, FMCG and metal names are trading higher.

After days of strong starts, the market has taken a slight breather today as equity benchmarks have kicked off August on a flat note. Having said that, both Sensex and Nifty have managed to hit record highs in the opening minutes. The 50-share index is trading well above 11,350-mark.

Barring financial names, all sectoral indices are trading around the flat line, but energy, FMCG and metal names are in the green. The midcap index, too, is up over one-third of a percent.

Among stocks, Tata Motors is one of the biggest losers after its Q1 results showed a net loss. The stock is down over 3 percent now. Bajaj Auto is up around 2 percent following healthy sales for July as well. Other gainers include OMCs such as IOC and BPCL on the back of falling crude oil prices.

If you want more information regardingtheMarket News & many other tips like Intraday Tips , MCX Normal Calls , Indore Advisory Company , Bullion Market Tips , Share Market Services , NSE & BSE Market Tips , Free MCX Market Tips , MCX Premium Tips , Bullion Energy Tips , commodity market tip.

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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-off-to-a-good-start-in-pre-opening-nifty-above-10350-tata-motors-in-focus-2788961.html

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