D-Street extends losses, Nifty trades below 11,350; HUL gains 3%

Stocks in this space are reacting to the merger proposal by the government for three banks that was announced on Monday evening.


Equity benchmarks have continued to trade flat, with the Nifty trading below 11,400.

The Sensex is up 23.19 points or 0.06% at 37608.70, and the Nifty up 3.20 points or 0.03% at 11381.00. The market breadth is positive as 969 shares advanced, against a decline of 636 shares, while 96 shares were unchanged.

PSU banks are undergoing some pain, with the Nifty PSU bank index trading over 2 percent lower. Stocks in this space are reacting to the merger proposal by the government for three banks that was announced on Monday evening. Pharmaceuticals and FMCG names are trading in the green. Meanwhile, midcaps are trading flat.

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

Source:https://www.moneycontrol.com/news/business/markets/market-live-d-street-extends-losses-nifty-trades-below-11350-hul-gains-3-2959831.html

MCX SUPPORT & RESISTANCE LEVEL (18 SEP 2018)

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

INTERNATIONAL MARKET UPDATE (18 SEP 2018)

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

NCDEX SUPPORT & RESISTANCE LEVEL (18 SEP 2018)

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

Indian rupee remains rangebound after lower opening, hovers around 72.50

After a lower opening the Indian rupee is trading marginally higher by 4 paise at 72.47 per dollar.

Rupee opened lower at 72.55 per dollar versus previous close 72.51.

The dollar-rupee September contract on the NSE was at 72.55 in the previous session. September contract open interest declined 0.62% in the previous session, said ICICIdirect.

We expect the USD-INR to find supports at lower levels. Utilise downsides in pair to initiate long positions, it added.

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111

Source:https://www.moneycontrol.com/news/business/markets/indian-rupee-opens-marginally-lower-at-72-55-per-dollar-2959711.html

Opening Bell (18 Sep 2018)

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111

MCX SUPPORT & REISTANCE LEVEL (17 SEP 2018)

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111