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Wednesday, January 30, 2019

Volatile trade continues on D-St; Nifty below 10,650; metal stocks outshine

Market Update: Benchmark indices are trading flat with Sensex up 11.97 points or 0.03% at 35604.47, and the Nifty down 7.40 points or 0.07% at 10644.80.
About 1127 shares have advanced, 929 shares declined, and 106 shares are unchanged. 
Market Opens: It is a strong start for the Indian indices on Wednesday with Nifty is trading around 10,700.
At 09:17 hrs IST, the Sensex is up 148.83 points at 35741.33, while Nifty is up 41.10 points at 10693.30. About 472 shares have advanced, 299 shares declined, and 35 shares are unchanged. 
Axis Bank, HCL Tech, Bank of Baroda, Bajaj Finserv, Indiabulls Housing, Yes Bank, ICICI Bank are among major gainers on the indices, while losers include Adani Ports, BPCL, HDFC Bank, Hero Moto, Dr Reddy's Lab.

Rupee Opens: The Indian rupee opened lower by 25 paise at 71.36 per dollar on Wednesday against Tuesday's close 71.11.
Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-volatile-trade-continues-on-d-st-nifty-below-10650-metal-stocks-outshine-3453021.html

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Monday, January 28, 2019

Friday, January 25, 2019

Sensex ends 169 pts lower, Nifty below 10,800; Zee Ent plunges 30%

Market at close: Indian indices erased all its morning gains and ended lower on Friday with Nifty finished below 10,800 level.
At the close, the Sensex was down 169.56 points at 36,025.54, while Nifty was down 69.30 points at 10, 780.50. About 692 shares have advanced, 1829 shares declined, and 150 shares are unchanged. 
Bharti Infratel, HCL Tech, Bharti Airtel, Cipla and Yes Bank were the top gainers on the Nifty, while Zee Entertainment, Maruti Suzuki, UltraTech Cement, Hero Motocorp and Indiabulls Housing were the top losers on the Nifty.
Among the sectors, auto index slipped over 3 percent followed by bank, FMCG, infra and metal index. BSE midcap and smallcap stocks also finished lower with more than 1 percent cut.
Source: https://www.moneycontrol.com/news/business/markets/closing-bell-sensex-ends-169-pts-lower-nifty-below-10800-zee-ent-plunges-30-3433321.html

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Closing Bell


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Nifty above 10,900, Sensex gains 250 points; IT stocks trade higher

Market Opens: Benchmark indices started the day on positive note with Nifty is trading above 10,900 level.
The Sensex is up 201.85 points at 36396.95, while Nifty is up 59.60 points at 10909.40. About 445 shares have advanced, 240 shares declined, and 35 shares are unchanged.
Yes Bank gained 10 percent in early trade on appointment of Ravneet Gill as new MD & CEO. UPL, Bharti Infratel, Sun Pharma, Bhrati Airtel, RIL, Axis Bank, TCS are other mojor gainers, while ICICI Bank and HDFC Bank are trading lower.
Rupee Opens: The Indian rupee opened higher at 71 per dollar on Friday against previous close 71.07.
Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sgx-nifty-indicates-gap-up-opening-for-indian-indices-3433321.html

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MCX Support and Resistance Level


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Opening Bell


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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...