Sensex, Nifty flat; L&T, Adani, Cipla top gainers

The Sensex is up 23.83 points or 0.1 percent at 24894.52, and the Nifty up 11.20 points or 0.1 percent at 7574.75. About 1191 shares have advanced, 552 shares declined, and 66 shares are unchanged. L&T, Adani Ports, Cipla, Lupin and Wipro are top gainers in the Sensex. ICICI Bank, Hero, GAIL and Coal India are losers.

L&T, Lupin, BHEL, SBI and Axis Bank are top gainers while Hero, ICICI Bank, ITC, NTPC and Dr Reddy's Labs are losers in the Sensex.  

The rupee opened flat at 67.77 per dollar against Friday's close of 67.78. 

Asian shares started a new month on somewhat firmer footing, helped by accommodative monetary policies in Japan and Europe, but traders were cautious ahead of China factory and service sector activity surveys. A rebound in oil prices last week also helped sentiment, though Brent crude fell about 1 percent in early Asia trade. 

Oil prices dropped after China and South Korea posted surprisingly weak economic data and on worries the prospect of a coordinated production cut by leading crude exporters seemed remote.

The auto stocks are trading mixed ahead of the auto sales numbers for the month of January due to released starting today. Tata Motors is up 0.5%, while Maruti Suzuki, Hero Motocorp, Bajaj Auto down between 0.1%-2.5%.

The rate sensitive stocks including auto, financials and realty stocks are showing a mixed trend ahead of the RBI policy review tomorrow. In the financial pocket, ICICI Bank, SBI, Axis Bank and HDFC have shed between 0.1%-2.5%, while HDFC Bank is up 0.6%. The realty stocks are trading largely in green with DB Realty, HDIL, Mahindra Life, DLF, IndiaBulls real estate, Prestige Estates up between 1%-2%.

L&T reported a 19% increase in consolidated net profit for the third quarter on the account of improved execution of projects in its overseas. The stock has jumped 3.5% and has emerged as the top gainer in the Sensex pack. 

Marico is up 1.7% after the company posted 24% increase in net profit to Rs198 crore during the third quarter ended December even as sales grew 7% at Rs 1556 crore. 

Grasim Industries jumped 4% after it  reported a net profit of Rs 650 crore for the December quarter, up 9% from Rs 334 crore in the year-ago period owing to better operational performance. 

JSW Steel lost 1% on reporting a consolidated net loss of Rs 923 crore for the December quarter, hit by impairment charges of Rs 2,121 crore. 

V-Guard Industries soared 7% on reporting an over two-fold jump in its standalone net profit at Rs 21.48 crore for the third quarter ended December 31, 2015.

                                         

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

Wall Street Surges at End Of Awful January, Dow Jones Up 2.47%

Wall Street surged over 2 percent on Friday after the Bank of Japan unexpectedly cut interest rates and Microsoft led a major rally in technology shares, repairing some of the damage to the S&P 500's worst January since 2009.

Slammed by collapsing oil prices that have fed doubts about the health of the global economy, stocks have had a volatile start to the year. At one point last week, the S&P's loss for 2016 reached 11 percent before recovering to end the month down 5 percent. The index rose 2.48 percent on Friday, its strongest day since September.

Global equities got a surprise boost on Friday after Japan's central bank cut a benchmark rate below zero to stimulate its economy. Stocks were also lifted by weak fourth-quarter US gross domestic product growth data, which bolstered arguments that the Federal Reserve might go slower than expected on future rate hikes. While the Fed has not ruled out a rate hike in March, many investors believe recent global economic and financial turmoil may lead it to wait. Microsoft shares jumped 5.83 percent on better-than-expected results. The software company was the biggest influence on the S&P 500 and the Nasdaq and helped push the S&P tech sector up 3.6 percent, its strongest session since August.

The Dow Jones industrial average ended 2.47 percent higher at 16,466.30 while the S&P 500 gained 46.88 points or 2.48 percent higher to end at 1,940.24. The Nasdaq Composite surged 2.38 percent to 4,613.95. For the week, the Dow gained 2.3 percent, the S&P added 1.7 percent and the Nasdaq increased 0.5 percent. That left the Dow down 5.5 percent for the month and the Nasdaq 7.9 percent lower, its largest monthly loss since May 2010. In Friday's trading, Amazon slumped 7.61 percent after its quarterly profit missed expectations. Xerox gained 5.63 percent after announcing a deal with Carl Icahn to split itself into two. 

US crude oil rose 1.4 percent after trimming early gains on a report that Iran would not participate in a possible deal between OPEC and other producing countries to reduce output. Advancing issues outnumbered decliners on the NYSE by 2,789 to 339. On the Nasdaq, 2,290 issues rose and 584 fell. The S&P 500 index showed 16 new 52-week highs and seven new lows, while the Nasdaq recorded 28 new highs and 100 new lows. 

                                     

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

INDIAN BENCHMARKS: SENSEX RALLIES 400 POINTS,NIFTY 50 JUMPS PAST 7550

INDIAN BENCHMARKS: SENSEX RALLIES 400 POINTS,NIFTY 50 JUMPS PAST 7550

A surprise announcement of negative interest rate by the Bank of Japan and a surge in crude oil prices gave the domestic equity market a big lift on Friday, with the benchmark Sensex gaining 400 points in a spectacular rally.

The Sensex ended at 24,870.69, up 401.12 points or 1.64 per cent. The NSE's Nifty50 jumped 138.90 points, or 1.87 per cent, to scale the psychologically crucial mark of 7,500 and end the day at 7,563.55. The Sensex had closed at 24,469.57 and the Nifty 50 at 7,424.65 on Thursday.

The gains in the Sensex pack were led by Coal India (up 4.73 per cent), Hero Moto Corp (up 4.67 per cent), Sun Pharma (up 4.60 per cent) and Hindustan Unilever (up 3.29 per cent) while SBI (down 2.91 per cent), Tata Steel (down 1.71 per cent), NTPC (down 1.49 per cent) and ICICI Bank -1.22 % (down 1.22 per cent) came under huge selling pressure and ended up as the biggest losers.

UPCOMING RESULTS:

GRASIM, MARICO, SRTRANSFIN, TECHM, WELSPUN CORP, VRL LOGISTICS

HEADLINES OF THE DAY

UPL Q3 consolidated net profit up 15%

IRB Infra Q3 consolidated net profit up 28% (YoY)

Dr Reddy receives USFDA approval for Zembrace SymTouch

The crucial resistance for Nifty SPOT is now seen at 7605 and above this 7635.Support for the immediate term is now placed at 7463 and next support will be 7409.

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

CS ROCKING PERFORMANCE OF THE DAY - 29 JAN 2016

STOCK FUTURES:

FUTURES INTRADAY:

BEML FUTURE SELL CALL FINAL TGT

STAR FUTURE BUY CALL FINAL TGT

TITAN FUTURE BUY CALL FINAL TGT

                                                                                                      

PREMIUM FUTURES:

        

NIFTY FUTURES:

NIFTY FUTURE SELL CALL SL

OPTION:

M&M 1240 JAN CALL 1 TGT

TATAMOTORS 320 PUT ON HOLD FOR TOMORROW

OPTION PREMIUM:

STOCK CASH

STOCK CASHINTRADAY:

YESBANK BUY CALL FINAL TGT

EMAMI LTD BUY CALL FINAL TGT BOOKED AT 1030

TATAELXSI BUY CALL 2 TGT

TITAN BUY CALL 1 TGT BOOKED AT 356.5

STOCK CASH PREMIUM:

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

Sensex up 100 pts, Nifty above 7450; ICICI Bank, Maruti lose

The market has opened volatile on first day of February series but immediately gained strength. The Sensex rose 122.59 points to 24592.16 and the Nifty climbed 45.50 points to 7470.15. ONGC, ITC, Coal India, HDFC, Bharti Airtel, Vedanta, Cairn India and Kotak Mahindra Bank rallied 1.8-4 percent while ICICI Bank tanked 5 percent. Maruti Suzuki, Axis Bank, Tata Motors and Dr Reddy's Labs lost ground. The Indian rupee gained in the early trade today. It has opened higher by 13 paise at 68.10 per dollar against previous close of 68.23.

GLOBAL MARKET
Asian shares pared intra-day losses and the Nikkei surged 2.7% after the Bank of Japan adopted negative interest rate policy. Further, China's Shanghai Composite, Straits Times and Hang Seng were up 1%-3% each.
US stocks rallied on Thursday after oil prices rebounded on talk that major oil producers in the Middle East would cut back production. Facebook shares gained on robust earnings. Dow Jones, Nasdaq and S&P 500 ended up 0.6%-0.9% each.

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

INDIAN BENCHMARKS: MARKET ENDS FLAT ON F&O EXPIRY, NIFTY 50 HOLD 7420

INDIAN BENCHMARKS: MARKET ENDS FLAT ON F&O EXPIRY, NIFTY 50 HOLD 7420

The domestic equity market closed flat for the second consecutive day on Thursday amid lack of fresh cues and lackluster earnings.

The benchmark BSE Sensex closed 22.82 points, or 0.09 per cent, lower at 24,469.57 while the NSE's Nifty50 ended the day at 7,424.65, down 0.18 per cent or 13.10 points.

HUL (up 3.28 per cent), M&M (up 2.06 per cent), ITC (up 1.95 per cent) were among the top gainers in the 30-stock pack, while L&T (down 2.72 per cent), Bharti Airtel -2.22 % (down 2.32 per cent) and Axis BanK (down 2.06 per cent) contributed most of the losses.

UPCOMING RESULTS:

IRB, LT, JSWSTEEL, SIEMENS, TVS MOTORS, NTPC, YESBANK, PIDILITEIND, UPL

HEADLINES OF THE DAY

Vedanta Consolidated Q3 net profit at Rs17.91 crore.

Colgate Palmolive Q3 net profit up 21.81% (YoY).

Dabur India Q3FY2016 results better than estimates.

The crucial resistance for Nifty SPOT is now seen at 7471 and above this 7567.Support for the immediate term is now placed at 7336 and next support will be 7250.

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

CS ROCKING PERFORMANCE OF TODAY: 28 JAN 2016

STOCK FUTURES:

FUTURES INTRADAY:

M&MFIN FUTURE SELL CALL FINAL TGT

WOCKPHARMA FUTURE BUY CALL 2 TGT

                                                                                                     

PREMIUM FUTURES:

             

NIFTY FUTURES:

OPTION:

M&MFIN PUT 200 BUY CALL 2 TGT

OPTION PREMIUM:

STOCK CASH

STOCK CASHINTRADAY:

BOSCH LTD SELL CALL FINAL TGT

SUNPHARMA BUY CALL 2 TGT BOOKED 836.8

COSMOFILM BUY CALL SL

STOCK CASH PREMIUM:

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

Sensex Flat, Nifty Volatile ahead Of Expiry;HDFC Slips 1.5%

The market has opened marginally lower ahead of expiry of January derivative contracts. The 30-share BSE Sensex fell 5.68 points to 24486.71 and the 50-share NSE Nifty declined 3.45 points to 7434.30. ICICI Bank, GAIL, Lupin, Adani Ports, NTPC, Power Grid Corporation, Cairn India and Vedanta were early gainers while losers were HDFC, Bharti Airtel, Maruti Suzuki, L&T, Sun Pharma, Asian Paints, Coal India and NTPC. The Indian rupee opened lower by 10 paise at 68.15 per dollar today against previous close of 68.05. 

the S&P BSE Sensex is down 8 points to trade at 24,484 and the Nifty50 has shed 4 points to trade at 7,434. In the broader market, BSE Mid cap index is down 0.2% and BSE Small cap index is up 0.2%.

GLOBAL MARKETS

Asian shares recouped early losses and were trading flat with positive bias. Japanese benchmark Nikkei was flat while Shanghai Composite was down 0.5%. Meanwhile Straits Times was up 0.3% and Hang Seng gained 0.1%.

US stocks ended over 1% lower after the US Federal Reserve kept interest rates unchanged citing growth concerns and said that it was "closely monitoring" global economic and financial developments. The Dow Jones industrial average ended down 1.4% at 15,944. The broader S&P 500 ended down 1.1% at 1,883 and tech-laden Nasdaq Composite ended down 2.2% at 4,468.

RESULT REACTION

Power Grid Corporation of India is trading 2% higher after reporting a 31% jump in its standalone net profit at Rs 1,613.12 crore for the quarter ended December 31, 2015 on account of increase in revenue from transmission business.

IDFC Bank is up 25 after  it reported a net profit of Rs 242.2 crore in the October-December quarter. Net interest income, the difference between interest earned and interest expended, for the quarter stood at Rs 404.2 crore. Other income for the quarter ended December stood at Rs 200 crore.

Neyveli Lignite Corporation slumped 5% after the net profit dropped 85% to Rs 47.61 crore for the quarter ended December 31, 2015. The company had reported a net profit of Rs 309.47 crore in the year-ago period.

SKS Microfinance is up 0.5% after it posted nearly twofold increase in net profit at Rs 79,4 crore for the third quarter ended December 31. The microfinance company had a net profit of Rs 41 crore in the similar quarter of the previous fiscal. 

Just Dial cracked 9% after it reported 8.03% increase in net profit at Rs 32.14 crore for the quarter ended December 31, 2014. The company had reported a net profit of Rs 29.75 crore in the corresponding quarter a year ago.

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

INDIAN EQUITY MARKET WRAP UP - 27 JAN 2016

INDIAN BENCHMARKS: MARKET ENDS FLAT, SENSEX UP 6 POINTS NIFTY 50 ABOVE 7430

The domestic equity market closed flat on Wednesday amid mixed cues from global markets. The benchmark BSE Sensex closed marginally higher at 24,492.39, up 6.44, or 0.03 per cent. The NSE's Nifty50 index ended the day at 7,433.25, down 0.04% per cent or 2.90 points.

Midway through the session, the 30-share Sensex hit the day's high of 24,618. 46 only to begin sliding thereafter. BHEL -4.12 % (down 4.16 per cent), Asian Paints (down 1.98 per cent) and Hindustan Unilever -1.78 % (down 1.81 per cent) were among the top losers in the index while NTPC 4.10 % (up 4.32 per cent), Dr Reddy's (up 2.24 per cent) and Sun Pharma (up 1.51 per cent) contributed most of the gains.

UPCOMING RESULTS:

BHARTI AIRTEL, GLENMARK, DABUR, ICICI BANK, MARUTI, TITAN, VEDANTA

HEADLINES OF THE DAY

Havells India Q3 net profit up by 4% (YoY).

BEL Q3 net profit up by 9% (YoY).

Persistent Systems spurts as company eyes $1 bn revenue.

The crucial resistance for Nifty SPOT is now seen at 7471 and above this 7567.Support for the immediate term is now placed at 7336 and next support will be 7250.

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More

CS ROCKING PERFORMANCE MESSAGE: 27 JAN 2016

STOCK FUTURES:

FUTURES INTRADAY:

HUL FUTURE SELL CALL 1 TGT

BHEL FUTURE SELL CALL ALMOST SECOND TGT

                                                                                                                                                                                   

PREMIUM FUTURES:

            

NIFTY FUTURES: 

NIFTY FUT SELL CALL 2 TGT

OPTION:

BIOCON 500 JAN CALL 1 TGT

OPTION PREMIUM:

STOCK CASH

STOCK CASHINTRADAY:

TATAELXSI BUY CALL FINAL TGT

BIOCON BUY CALL 2 TGT BOOKED 502.75

ULTRACEMCO BUY CALL 1 TGT

WELCORP BUY CALL 1 TGT

STOCK CASH PREMIUM:

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips ,  and all Maket Updates . 

Read More