Monday, 31 August 2015

Pre-Market: Nifty Seen Opening Lower; Q1 GDP Data Eyed

Posted by suhani varma on Monday, August 31, 2015 with No comments
The 50-share Nifty index is expected to open lower on Monday following muted trend seen in other Asian markets. Tracking the momentum, the index may retest its crucial psychological level of 7,950 in trade today. At 08:00 A.M., Nifty India stock futures in Singapore were trading 47 points lower at 7,972 indicating a gap-down opening on the domestic market.  Benchmark indices wrapped up the week ended August 28, 2015 in the red zone...

Nifty Ends Below 8000, Sensex Falls 109 Pts; BHEL Drags 3%

Posted by suhani varma on Monday, August 31, 2015 with No comments
The market ended lower. The Sensex was down 109.29 points or 0.4 percent at 26283.09, and the Nifty slipped 30.65 points or 0.4 percent at 7971.30. About 1171 shares have advanced, 1468 shares declined, and 135 shares are unchanged. Cipla, Dr Reddy's Labs, Lupin, GAIL and Vedanta were top gainers in the Sensex. Among the losers were BHEL, Hindalco, Bharti Airtel, ONGC and ICICI Bank.  The market continued to be rangebound in afternoon...

Sensex, Nifty Consolidate; Lupin Gains 3%, Bharti Slips 2%

Posted by suhani varma on Monday, August 31, 2015 with No comments
Equity benchmarks continued to consolidate in afternoon trade with the Nifty hovering around 8000 level. The Sensex gained 27.37 points at 26419.75 and the Nifty rose 14 points to 8015.95. About 1143 shares have advanced, 1253 shares declined, and 105 shares are unchanged on the BSE. The Indian rupee extended losses, down 19 paise to 66.33 a dollar. Equity benchmarks continued to consolidate after a 2-day short covering-led rally. The Sensex...

Sensex, Nifty Recover ; Pharma Supports, HDFC & SBI Rebound

Posted by suhani varma on Monday, August 31, 2015 with No comments
Equity benchmarks recouped early losses. The Sensex rose 16.27 points to 26408.65 and the Nifty advanced 8.10 points to 8010.05. About 1097 shares have advanced, 967 shares declined, and 88 shares are unchanged on the BSE.  The market continued to see profit booking in morning trade after two-day rally. The Sensex fell 130.82 points to 26261.56 and the Nifty declined 31.20 points to 7970.75, dragged by banking & financials, capital...

Friday, 28 August 2015

The 50-share Nifty index is expected to open higher with a 100-point gap on Friday following positive trend seen in other Asian markets. Tracking the momentum, the index may reclaim its crucial psychological level of 8050-8100 in trade on the first day of September series.  At 08:00 A.M., Nifty India stock futures in Singapore were trading 143 points higher at 8,136 indicating a gap-up opening on the domestic market. The 50-share Nifty...
Continuing its winning streak, the S&P BSE Sensex rose 161.19 points, or 0.61 per cent, to settle the day at 26,392.38. The broader 50-share Nifty barometer gained 53 points, or 0.67 per cent, to close the session at 8,001.95. 17 of the 30 Sensex stocks finished trading with a positive bias. ONGC was the top Sensex gainer, up over 5 per cent. The 30-share pack trimmed its intraday gains after rallying over 450 points in trade today....

Sensex Surges 400 Pts; ONGC Soars 6%, Infosys & Axis Lead

Posted by suhani varma on Friday, August 28, 2015 with No comments
Equity benchmarks maintained uptrend for the second consecutive session. The Sensex rallied 399.57 points or 1.52 percent to 26630.76 and the Nifty climbed 126.35 points or 1.59 percent to 8075.30. The broader markets marginally outperformed benchmarks. The BSE Midcap and Smallcap indices gained over 1.5 percent. Nearly five shares advanced for every share declining on the Bombay Stock Exchange.  ONGC topped the buying list on Sensex,...

Thursday, 27 August 2015

Sensex, Nifty Climb Over 1%; Vedanta, Cairn India Zoom 6-7%

Posted by suhani varma on Thursday, August 27, 2015 with No comments
The market has maintained its strong uptrend following relief rally across global peers post temporary easing of nervousness in China. The Sensex gained 315.61 points or 1.23 percent at 26030.27 and the Nifty climbed 98.05 points or 1.26 percent to 7889.90, aided by banking & financials, healthcare, oil and metals stocks. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 1.6-1.9 percent.  About...

Sensex Up 250pts, Nifty Below 7900; Vedanta, HDFC Gain 4-6%

Posted by suhani varma on Thursday, August 27, 2015 with No comments
Shares of Bharti Airtel climbed 3 percent following acquisition of New Delhi-based wirless broadband internet service provider. The top telecom operator with operations in 20 countries across Asia and Africa on Wednesday said it has signed a definitive agreement to acquire 100 percent equity stake in Augere Wireless Broadband India that incorporated in 2007. Augere holds 20 MHz of BWA spectrum in Madhya Pradesh and Chhattisgarh circles (MPCG)....