Asian Shares Tentative, Euro Sags As Markets Eye Greece

Asian shares edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a looming debt payment, raising the likelihood of the cash-strapped nation's exit from the euro zone. MSCI's broadest index of Asia-Pacific shares outside Japan. MIAPJ0000PUS was up 0.1 percent, while Japan's Nikkei stock index .N225 added 0.2 percent.  "All in all many in the market had already factored in the likelihood...

Read More

Sensex Rises Over 100pts, Nifty Hits 8350; Coal India Gains

The Sensex is up 109.68 points or 0.5 percent at 27754.83, and the Nifty is up 33.95 points or 0.4 percent at 8352.35. About 750 shares have advanced, 204 shares declined, and 66 shares are unchanged. The market opened on flat note but has quickly gained even though Greek crisis continues to drag global equities. The Sensex is up 66.98 points at 27712.13 and the Nifty is up 22.50 points at 8340.90. About 575 shares have advanced, 185 shares...

Read More

Register For Free Trial | Nifty Tips

Traders can register for our FREE TRIAL, All you have to do is just click on the link http://www.ways2capital.com/free-trial.php or Call us at : 1800-3010-2007. Our Nifty Pack includes Nifty Future Calls and Bank Nifty Future Calls on intraday basis. Our Expertise Researchers from over the years by deep understanding and fundamental factors provide tips to the traders helping them earn maximum returns. For Quick Trial ...

Read More

Sensex, Nifty, Midcap Remain Under Pressure ; Rupee Down Too

Equity benchmarks recovered from day's low. The Sensex fell 424.43 points or 1.53 percent at 27387.41 and the Nifty declined 134.90 points or 1.61 percent to 8246.20. About 532 shares have advanced, 1883 shares declined, and 142 shares are unchanged on the BSE. HUL and NTPC turned positive, up marginally  Nomura expects the recent trend of strong growth momentum in medium & heavy commercial vehicles (MHCVs) and steady recovery in...

Read More

Nifty Breaks 8200 Amid Panic Selling, Down 2%; BPCL Up

The market extended losses with the Sensex falling 591.52 points or 2.13 percent to 27220.32 and the Nifty losing181.85 points or 2.17 percent to 8199.25. About 395 shares have advanced, 1659 shares declined, and 117 shares are unchanged on the BSE. India at the moment is not facing the heat of Greek crisis, but one can expect such significant global event to impact its equity market. The domestic story is seeing some direction with green...

Read More

Sensex, Nifty Recover; Auto & Pharma Support, HDFC Down

JSW Steel, India's third-largest steel producer, does not see further increase in steel import duty, billionaire Chairman Sajjan Jindal said today, after a federal minister said a decision on a hike was expected within a week. Many steel companies, such as JSW Steel, Tata Steel and Kalyani Steels, have seen profits come under pressure in recent quarters due to surging imports of steel from countries such as China and Russia. Last week, India...

Read More

Sensex Slips Over 150 Pts, Nifty Struggles ; Infosys Up 1%

The market is slipping away as the Sensex is down 153.77 points or 0.6 percent at 27742.20. The Nifty is down 38.95 points or 0.5 percent at 8359.05. About 723 shares have advanced, 930 shares declined, and 124 shares are unchanged. GAIL, Vedanta, ICICI Bank, L&T and BHEL are major losers in the Sensex.   Accenture raised its full-year revenue forecast for the third time, reflecting continued strong demand for the company's consulting...

Read More

Sensex, Nifty Consolidate : Reliance Up 1%, Wipro & ITC Drag

The market consolidates on June expiry day with the Nifty hovering around 8350 levels. The 50-share index is up 6.75 points at 8367.60 while the Sensex is up 59.06 points at 27788.73. About 1018 shares have advanced, 1010 shares declined, and 126 shares are unchanged. HDFC, BHEL, Bajaj Auto, Vedanta and Reliance are top gainers while Cipla, Wipro, M&M, ITC and HUL are among laggards in the Sensex.  Six global powers -- Britain, China,...

Read More

Wall Street Ends Broadly Lower On Greek Debt Concerns

US stocks closed lower on Wednesday, dropping in a broad decline as the outcome of negotiations between Greece and its international creditors remained up in the air, prompting investors to drop riskier assets like equities. Wall Street has lately taken its cue from the situation in Greece, which needs fresh funds to avoid defaulting on a USD1.8 billion debt repayment to the IMF on June 30. Greek Prime Minister Alexis Tsipras recently announced...

Read More

Sensex, Nifty Up 0.4%; HDFC, Reliance, Sun TV Most Active

The market remained in a positive terrain, aided by FMCG, oil, capital goods, select banks and pharma stocks. The Sensex gained 125.39 points or 0.45 percent at 27929.76 and the Nifty rose 33.20 points or 0.40 percent to 8414.75. State-run power equipment maker BHEL extended rally, up 5 percent. FMCG major Hindustan Unilever gained more than 3 percent on reports that the company may buy Kerala-based ayurvedic hair and skin care brand Indulekha...

Read More

Wall St Edges Up In Quiet Session; Nasdaq Ends At Record

US stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece could reach a deal to prevent defaulting on its loans. The day's action was quiet, with trading volume below average.  While energy shares rose alongside a jump in the price of crude oil, a sharp rise in the US dollar capped broader gains. While there were no major developments involving...

Read More

Sensex, Nifty Flat; IT Index Down 1%, Cipla Gains 2%

The market is surging ahead with support from capital goods, oil and metal stocks. The Sensex is up 112.09 points or 0.4 percent at 27842.30, and the Nifty is up 31.35 points or 0.4 percent at 8384.45. About 1269 shares have advanced, 770 shares declined, and 142 shares are unchanged. Coal India is up 3 percent while L&T, Bharti Airtel, Cipla and Hindalco are top gainers in the Sensex. Dragged by Infosys IT index is down 1 percent from...

Read More

Wall Street Up On Greece Hope, Nasdaq Ends At Record

US stocks ended higher on Monday, with the Nasdaq closing at a record as hopes grew that a deal would be reached to prevent Greece from defaulting on loans. Equities have been largely driven by the situation in Greece of late, with investors concerned that if the country defaults on its loans, it may have to leave the euro or the European Union, potentially shaking the region's economic foundations. Athens presented new reform proposals which...

Read More

Sensex Surges 414 Pts On Rate Cut Hope, Greece Deal Eyed

The market staged spectacular performance on first day of the week, supported largely by banks on hopes of rate cut post good monsoon and ahead of Greece deal talks. The 30-share BSE Sensex rallied 466 points intraday, before closing at 27730.21, up 414.04 points or 1.52 percent. The 50-share NSE Nifty spiked 128.15 points or 1.56 percent to 8353.10.  The broader markets also surged. The BSE Midcap and Smallcap indices gained more than...

Read More