Nifty Trades Below 10,500 Mark

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

Domestic indices remained in the red as losses in shares of private sector lenders HDFC Bank, ICICI Bank and Axis Bank weighed on indices.Indices traded in the negative zone, and were dragged down by Bank Nifty, metal, financial services, FMCG and auto stocks.

The stock markets declined for the second day and ahead of index of industrial production (IIP) numbers for February and December quarter GDP growth numbers.

the BSE Sensex was trading at 34,130, down 216 points, while the Nifty50 index was trading at 10,486, down 68 points.

The BSE Midcap Index slipped 0.76% and the BSE Smallcap Index was down 0.35%.

Hindustan Petroleum Corporation fell 3% as the stock price adjusted for interim dividend.

Granules India informed exchanges that the US Food and Drug Administration has issued establishment inspection report for Granules Pharmaceuticals Inc facility in Chantilly, USA. Stock rose 1% on the NSE.

DLF stock advanced 1% after its subsidiary emerged as the highest bidder for an 11.76-acre plot of land in Gurugram.

Shares of CESC gained 1% after the company's board declared an interim dividend of Rs12 per share, which will be paid from Mar 15.

Kridhan Infra rose 2.2% after the company announced that it has completed the acquisition of 31.5% stake in Vijay Nirman Company.

Sadbhav Infrastructure added 2% as the company has been declared lowest bidder by NHAI.

Volatility index India VIX rose 0.77% to 14.0300.

Infosys (+2%), Cipla (+1.2%), UPL (+1.1%), Dr Reddy’s (+0.89%) and Eicher (+0.57%) were the top gainers on Nifty50.

Vedanta (-2.9%), ICICI Bank (-2.8%), Yes Bank (-2.7%), Yes Bank (-2%) and Indiabulls HF (-1.8%) were the top losers in today’s trade.

Out of 2,020 stocks traded on the NSE, 502 advanced, 1,168 declined and 350 remained unchanged today.

A total of 12 stocks registered a fresh 52-week high in trade today, while 44 stocks touched a new 52-week low.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

PSU Banks Trades Lower; Bank Of India, PNB Stocks own

2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

The Nifty PSU Bank Index extended losses for the third consecutive session. The other top losers included Bank of India, PNB, SBI, Canara Bank and Allahabad Bank.The Nifty PSU Bank Index extended losses for the third consecutive session. The PSU banking index was down 0.17%. PSU Bank Index was down over 17% in the month of February till now.

The government on Tuesday has asked public sector banks to examine non-performing assets worth more than Rs50cr for frauds. Any newly identified NPA for fraud would propel the bank to make higher provisions in the coming period, which would dent PSU bank’s profitability. 

The other top losers included Bank of India, PNB, SBI, Canara Bank and Allahabad Bank.

ICICI Bank slipped over 2% after the bank said that the company has exposure to the Gitanjali Group. However, Syndicate Bank made a recovery of 5% from intra-day low. Currently, the stock is trading higher by 2%, followed by Andhra Bank, Union Bank and IDBI Bank.

Bank of India is currently trading at Rs115.60 down by Rs2.65 or 2.24% from its previous closing of Rs118.25 on the BSE. The scrip opened at Rs115.40 and has touched a high and low of Rs117.35 and Rs112.15 respectively.

Punjab National Bank is currently trading at Rs96.30 down by Rs2.05 or 2.08% from its previous closing of Rs98.35 on the BSE. The scrip opened at Rs94 and has touched a high and low of Rs99.30 and Rs92 respectively.

State Bank of India is currently trading at Rs265.70 down by Rs2.1 or 0.78% from its previous closing of Rs267.80 on the BSE. The scrip opened at Rs264.80 and has touched a high and low of Rs267.30 and Rs260.90 respectively.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

Nifty Slips Below 10,500 Mark On Weak Global Cues; PSU Banks Drag

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

Indices extended losses tracking weakness in global peers and due to selling pressure in banking, financials, metal and media stocks.Subdued trend across most global markets coupled with persistent weakness in banking stocks dragged Indian equity indices lower at the start of the session.

Global markets snapped the recent winning streak after comments from US Federal Reserve Chair Jerome Powell stoked fears of a faster pace of interest rate hikes in the US.

the BSE Sensex was trading at 34,143, down 203 points, while the Nifty50 index was trading at 10,493, down 71 points.

The BSE Midcap Index slipped 0.50% and the BSE Smallcap Index was down 0.40%.

PNB's stock slumped over 4%, dragging the Nifty PSU Bank index over 2%.

Shares of Hindustan Petroleum Corp, down 3.5% as they traded ex-dividend.

Cipla's stock, up 1%, was the top gainer on the Nifty50 index. The company entered into an agreement with Roche Pharma under which Cipla will promote and distribute Tocilizumab (Actemra) and Syndyma, the 2nd brand of Roche’s cancer therapy, bevacizumab (Avastin) in India.

Bharat Forge said it has completed divestment of balance 26% stake in power equipment JV with GE, Alstom Bharat Forge Power Pvt Ltd. Stock slipped 1%.

All sectors except Pharma and IT are in the red led by PSU banking, financial, media, realty, FMCG, automobile and Bank Nifty sectors.

Volatility index India VIX rose 1.59% to 14.1450.

Cipla (+1.3%), UPL (+1%), GAIL (+0.75%), Sun Pharma (+0.72%) and Dr.Reddy’s (+0.61%) were the top gainers on Nifty50.

ICICI Bank (-2.5%), Vedanta (-1.9%), Hindalco (-1.7%), Yes Bank (-1.7%) and SBI (-1.5%) were the top losers in today’s trade.

Out of 2,002 stocks traded on the NSE, 378 advanced, 1,212 declined and 412 remained unchanged today.

A total of six stocks registered a fresh 52-week high in trade today, while 41 stocks touched a new 52-week low.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

From Jerome Powell To PSU Banks: 5 Factors Which Are Weighing On D-Street

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

The S&P BSE Sensex plunged over 200 points while Nifty saw a decline of nearly 100 points in morning trade on Wednesday tracking weak handover from Wall Street.

Nifty Bank saw a cut of over 300 points and was now trading near its psychological support of 25,000. Important Pivot level, which will act as crucial support for the index, is placed at 25,252.13, followed by 25,120.67. On the upside, key resistance levels are placed at 25,619.33, followed by 25,855.07.

The fall in NiftyBank was led by losses in PNB, Canara Bank, ICICI Bank, Yes Bank, Federal Bank, and State Bank of India.

On the sectoral front, BSE Metal index slipped 1.4 percent, followed by PSU Index which was down 1.3 percent, and S&P BSE Bankex dropped 1.2 percent.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

Market Live: Sensex Dips 200 Pts, All Nifty Bank Stocks Fall; Rupee Hits 3-Mth Low

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

PSU banks are under pressure after the Finance Ministry has directed managing directors (MDs) of public sector banks to examine all non-performing assets or bad loans over Rs 50 crore for possible fraud.US oil prices extended declines into a second day after industry data showed an increase in US crude and gasoline stockpiles, with surging production in the country hampering OPEC attempts to end a global glut.

US West Texas Intermediate crude was down 35 cents, or 0.56 percent, at USD 62.66, after falling 90 cents the previous session.

Brent crude contract fell 40 cents or 0.6 percent to USD 66.23 a barrel.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

Nifty Likely To Shed 70 Points At Opening Bell

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 70 points at the opening bell,F&O Outlook:

Nifty PCR-OI has decreased to 1.05 from 1.09. The fall in the ratio may be due to decrease in PE of 9900 and increase in CE of 10700. PE of 10500 and CE of 10600 are the highest number of contracts traded.

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 70 points at the opening bell.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

SGX Nifty Trends Hint At Weak Opening For Local Indices

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

Trend on SGX Nifty, down 55.5 points or 0.53 percent, indicates a negative opening for the broader index in India. Nifty futures were trading around 10,506-level on the Singaporean Exchange.

According to Pivot charts, the key support level is placed at 10,517.1, followed by 10,479.9. If the index starts to move higher, key resistance levels to watch out are 10,611.6 and 10,668.9.

The bulls broke their two-day run Tuesday as Nifty formed a bearish candle after three bullish candles. The index closed below its crucial 50-DMA and 50-DEMA placed at 10,623 and 10,559 levels respectively on Tuesday.

Stay tuned to Moneycontrol to find out what happens in currency and equity markets today. We have collated a list of important headlines from across news agencies.

- North East Elections 2018: Exit polls give BJP a clear lead

- GDP, PMI data eyed

- H G Infra Eng IPO subscribed 44% on Day 2

- Bank credit growth moves into double-digits in Q2

- Nirav Modi's Firestar Diamond files for bankruptcy in US

- GST collection declines marginally to touch Rs 86,318 cr in Jan

- Fed's Powell nods to stronger economy, backs gradual rate hike path

- EPFO makes online claims must for PF withdrawals above Rs 10 lakh

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

Markets Could Enter Into A Selling Mode As Global Indices Crack

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 28 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 28 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

SGX Nifty indicating a gap down opening for the Indian markets.

Indian markets are expected to witness selling pressure after comments from Federal Reserve Chairman Jerome Powell revived fears about more interest-rate hikes than anticipated.

In stock specific news according to media report, Dalmia Bharat-Piramal Bain consortium has emerged as the highest bidder for Binani Cement

Global markets
All the major Asian markets are trading in the red at present. Nikkei is currently down 0.53%, Hang Seng is trading 1.24% lower while Shanghai Composite is down 0.78%.

US Markets: Stocks came under selling pressure after witnessing a sharp rally in the previous two sessions. The major indices closed near their worst levels of the day.

The Dow closed 1.2% lower at 25,410.03, the Nasdaq slumped 1.2% to 7,330.35 and the S&P 500 dropped 1.3% lower to close at 2,744.28. Renewed interest rate concerns contributed to the pullback by stocks on the Wall Street.

European markets also ended in the red yesterday with the FTSE closing 0.10% lower, CAC ended 0.01% lower while the DAX dropped 0.29%.

FII Data:
In yesterday’s FII’s sold 906 crores in the cash market stock whereas DII’s bought 1046 crores worth of stock.

In the derivative market, FII’s bought 783 crores of index futures and bought 1016 crores worth of Index options.

In the stock futures segment, FII’s bought 428 crores worth of stock futures and bought 129 crores stock options.

FII View:
FII trading activity in yesterdays’ session suggests that they expect the market to surge higher in the short term as they continued to buy Index Futures contracts adding 8,592 contracts in yesterday’s session but they hedged their position by buying a substantial amount of Index Put options adding 11,796 contracts.

FII	OI(000's)	% Chg	% Chg Since Expiry	Long/Short Ratio	Long/Short Since Expiry
Future Index Long	91	10	31	1.1	1.2
Future Index Short	79	(0)	12
Option Index Call Long	193	2	31	2.2	1.2
Option Index Call Short	89	1	5
Option Index Put Long	294	4	23	2.4	1.1
Option Index Put Short	121	3	15

Support / Resistance: Intraday Nifty: 10554
S1 – 10480	S2-10420
R1- 10620	R2 -10730

Support / Resistance: Intraday Bank Nifty: 25383
S1 – 25000	S2-24800
R1 - 25700	R2 -25800

Nifty Highest Open Interest:
Call: 10700 / Put: 10400

Bank Nifty Highest Open interest: (1st March 2018 Expiry)
Call: 26000 / Put: 25000

Stocks in Ban Period: FORTIS, JPASSOCIAT, ORIENTBANK

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More

Nifty PSU Bank Drops 2.4%; PNB Stock Tanks Over 8.5%

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 27 February 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 27 February 2018.
--------------------------------------------------------------------------------------------------------------------------------

The Nifty PSU Bank index was trading 2.4% down at 3,039 with all components in the red.After opening in the green, Nifty50 turned negative with PSU Banking Sector dragging the index the most, declining 2.4%.

The Nifty PSU Bank index was trading 2.4% down at 3,039 with all components in the red.

PNB says that quantum of reported unauthorized transactions can increase by $204.25 mn (~Rs1,300cr). These frauds would propel bank to make higher provisions in the coming period which would dent its profitability.

The other major losers include Bank of India (-2.7%) and Union Bank of India (-2.4%). Other majorly hit sectoral indices include Realty Sector (-0.81%) and Financial Sector (-0.75%).

Punjab National Bank is currently trading at Rs102.35 down by Rs9.55 or 8.53% from its previous closing of Rs111.90 on the BSE. The scrip opened at Rs107.80 and has touched a high and low of Rs107.80 and Rs102.10 respectively.

State Bank of India is currently trading at Rs269 down by Rs5.75 or 2.09% from its previous closing of Rs274.75 on the BSE. The scrip opened at Rs273.95 and has touched a high and low of Rs275.85 and Rs268.40 respectively.

Bank of Baroda is currently trading at Rs141.50 down by Rs2.25 or 1.57% from its previous closing of Rs143.75 on the BSE. The scrip opened at Rs143.50 and has touched a high and low of Rs143.95 and Rs138.25 respectively.

IDBI Bank Ltd is currently trading at Rs77.15 down by Rs1.75 or 2.22% from its previous closing of Rs78.90 on the BSE. The scrip opened at Rs78.30 and has touched a high and low of Rs79.85 and Rs76.50 respectively.

Canara Bank is currently trading at Rs303.45 down by Rs6.6 or 2.13% from its previous closing of Rs310.05 on the BSE. The scrip opened at Rs307.90 and has touched a high and low of Rs308.55 and Rs302 respectively.

For Quick Trial Contact:

✆ -  09699997717✔

✆ - 0731-6626222 ✔

Mail: info@ways2capital.com

Web: http://www.ways2capital.com

✆ Join us on WhatsApp @ 89620-00225 ✆

✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)

Read More