MARKET WRAP-UP 31-Aug-2018

Closing Bell: Sensex ends flat, Nifty fails to hold 11,700 on Day 1 of September series A weak rupee, higher crude oil prices along with selloff in midcaps were one of the major reasons behind the downtrend on the market. The Indian currency fell to an all-time, historic low of 71 to the US dollar, before settling around 70.88 to the dollar at the time of equity markets coming to a close. Banks were the major laggards on Friday, led by losses in names such as Yes Bank. Another index heavyweight, Reliance Industries, fell around 3 percent,...

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CORPORATE NEWS 31-Aug-2018

Tata Motors, Dr.Reddy's stocks climb after foreign brokerage views Shares of Tata Motors climbed 3% on the BSE on Friday after foreign brokerage house Goldman Sachs maintained a 'neutral' call on the stock with a target price of Rs283 and a potential upside of 9%. The company's management remains comfortable with an EBIT guidance of 4% for FY19, while cost reduction initiatives, better volumes, and moderation in incentives to support margin, Goldman Sachs said. Trump is said to back $200 bn China tariffs next week President Donald Trump...

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Nifty like to open. 31-Aug-2018

Indian Indices:                           Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a fall of 10 points or 0.09 percent. Nifty futures were trading around 11,749-level on the Singaporean Exchange. Global Market: ·       Asian stocks bruised by Trump's trade war threats: MSCI's broadest index of Asia-Pacific shares outside Japan dropped...

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CS OPENING BELL:31-Aug-2018

NIFTY SPOT UP 27 @11705 SENSEX SPOT UP 85 @38778 BANK NIFTY FUTURES DOWN 16 @ 28204 HAPPY TRADING! WWW.CAPITALSTARS.COM +917440449744 CS NIFTY FUTURES (SEP ) OVERVIEW TREND BEARISH RES2: 11810 RES 1:11740 SUP1:11600 SUP2:11530 CS BANK NIFTY FUTURES (SEP ) OVERVIEW TREND BULLISH RES 2: 28860 RES 1: 28600 SUP1: 28100 SUP2: 27920  Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday...

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Closing Bell:30-Aug-2018

Closing Bell: Nifty ends August series below 11,700, Sensex ends flat; pharma, metals gain big A good recovery in the last hour of trade helped D-Street cut big losses and end August series on a slightly better note. However, the Nifty managed to close below 11,700-mark. A weak rupee weighed on indices through the day, with the Indian currency dropping to a fresh low of 70.8550. Analysts had attributed the fall to rising crude oil prices and month-end dollar buying by oil companies to pay these off. Among sectors, FMCG, metals and pharma...

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CORPORATE NEWS 30-Aug-2013

ICICI Securities: Chanda Kochhar to face shareholders at AGM today ICICI Bank’s beleaguered CEO Chanda Kochhar, who is on an indefinite leave pending a probe against her, will face ICICI Securities shareholders at their annual general meeting today. The shareholders will vote on her candidature as a Director at the AGM to be held in Mumbai. Incidentally, Kocchar is all set to retire from the ICICI Bank subsidiary ICICI Securities’ Board and had offered to be reappointed on the panel. The embattled ICICI’s top boss is facing conflict of interest...

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CS OPENING BELL:30-Aug-2018

NIFTY SPOT DOWN 25@11667 SENSEX SPOT DOWN 52@38670 BANK NIFTY FUTURES DOWN 194@ 28056 HAPPY TRADING!       WWW.CAPITALSTARS.COM  +917440449744 CS NIFTY FUTURES (JUNE ) OVERVIEW TREND BEARISH RES2: 11810 RES 1:11740 SUP1:11600 SUP2:11530  CS BANK NIFTY FUTURES (JUNE ) OVERVIEW TREND BEARISH RES 2: 28860 RES 1: 28600 SUP1: 28100 SUP2: 27920  Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday...

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CORPORATE NEWS 29-Aug-2018

Bharti Airtel gets FDI approval to transfer 15% stake of Bharti Telemedia to Warburg Pincus affiliate Bharti Airtel has received FDI approval from the Ministry of Information and Broadcasting to transfer 15% stake in subsidiary Bharti Telemedia to an affiliate of Warburg Pincus. The company made this announcement to the exchanges in a press note on Wednesday morning. The agreement was announced in December 2017. Meanwhile, "the company is planning to launch 9,000 sites and 4,150 km of optic fibers in Rajasthan during FY19", the telecom...

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Closing Bell: 29-Aug-2018

Closing Bell: Nifty gives up 11,700 a day before F&O expiry, Sensex down 173 points; midcaps outperform. A sharp selloff in the last hour of trade weighed on equity benchmarks on Wednesday, with the Nifty giving up 11,700-mark. Weakness among giant index names such as Reliance Industries, HDFC Bank, and Infosys, among others, dragged the market lower as well. Banks had a negative impact on the market, along with energy stocks, infra, IT and pharmaceutical names. However, PSU banks and metals tried to offset the losses, but bulls had...

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CS OPENING BELL:29-Aug-2018

NIFTY SPOT DOWN 5@11732 SENSEX SPOT UP 3@38899 BANK NIFTY FUTURES UP 8@ 28396 HAPPY TRADING!  CS NIFTY FUTURES (JUNE ) OVERVIEW TREND BEARISH RES2: 11810 RES 1:11740 SUP1:11600 SUP2:11530  CS BANK NIFTY FUTURES (JUNE ) OVERVIEW TREND BULLISH RES 2: 28860 RES 1: 28600 SUP1: 28100 SUP2: 27920 Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday...

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