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Showing posts from May, 2019

Sensex ends 117 points lower, Nifty holds 11,900; IT stocks gain

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The market close the volatile day on the negative side but off day's low after cabinet announcement under Modi 2.0. At close, the Sensex was down 117.77 points at 39,714.20, while Nifty was down 23.10 points at 11,922.80. About 1020 shares have advanced, 1534 shares declined, and 155 shares are unchanged. Yes Bank, ITC, Grasim Industries, Vedanta and Zee Entertainment were the top losers on the Nifty, while gainers were Tech Mahindra, Asian Paints, TCS, IOC and Britannia Industries. Among sectors, PSU bank, metal, auto, infra and pharma witnessed selling pressure, while buying saw in the energy and IT space. https://www.capitalaim.com/trading/stock-tips

Nifty likely to show upmove towards 12,300-12,500 in the coming weeks

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A volatile day for Indian markets but the good part is that bulls remained in control of D-Street. The S&P BSE Sensex rallied by over 300 points while the Nifty50 reclaimed 11900 levels on closing basis. The index rose 2.6 percent in May series to close at 11,945, a fresh record closing high. The S&P BSE Sensex rallied 2.8 percent while NiftyBank rallied 6.7 percent in the same period. Data suggests that fresh long positions were formed at low base of open interest and good rollovers indicates that most of the same got carried forward to June expiry. https://www.capitalaim.com/trading/stock-tips

Market Opening bell capital aim

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NIFTY Previous Close :  11,945.90 OPEN @  11,999.80   SENSEX - Previous Close :39,831.97 OPEN @  39,998.91 BANK NIFTY - Previous Close :  31,537.10 OPEN @ : 31,678.90 https://www.capitalaim.com/trading/stock-tips

Sensex up over 200 pts, Nifty around 11,900; West Coast Paper gains 13%

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It is flat opening for the Indian indices with Nifty around 11,900 ahead of F&O expiry of May series. At 09:16 hrs IST, the Sensex is up 36.91 points or 0.09% at 39538.96, and the Nifty up 14.60 points or 0.12% at 11875.70. About 511 shares have advanced, 349 shares declined, and 27 shares are unchanged. Power Grid, Tech Mahindra, TCS, Wipro, Bajaj Auto, Tata Motors, RIL, West Coast Paper are some of the major gainers in the early trade, while losers are Sun Pharma, Yes Bank, ONGC, Cipla, Zee Entertainment, HDFC, UPL, Glenmark Pharma, BEL, United Spirits and Hero Motocorp On the sectoral front, energy, infra, IT and pharma are trading with marginal gains.   https://www.capitalaim.com/trading/stock-tips  

Market Opening bell capital aim

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NIFTY Previous Close :   11,861.10 OPEN @ 11,865.30   SENSEX - Previous Close : 39,502.05 OPEN @  39,580.28 BANK NIFTY - Previous Close :  31,295.55 OPEN @ : 31,256.85 https://www.capitalaim.com/trading/stock-tips

Sensex ends 247 down, Nifty below 11,900; PSU banks close lower

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Indian indices ended lower but off day's low on Wednesday ahead of F&O expiry on May 30. At close, the Sensex was down 247.68 points at 39,502.05, while Nifty was down 67.70 points at 11,861.10. About 1051 shares have advanced, 1493 shares declined, and 156 shares are unchanged. JSW Steel, SBI, Tata Steel, Cipla and Zee Entertainment were major losers on the Nifty, while gainers were Sun Pharma, Bharti Infratel, TCS, GAIL and HCL Tech. Among the sectors, except IT all other indices are trading in the red led by PSU Bank, infra, auto, metal, energy, FMCG and pharma https://www.capitalaim.com/trading/stock-tips

A morning walk down Dalal Street

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technically, the Nifty50 made a fresh record closing high but it reversed gains around 11,958 on that was similar to intraday high of 11,957 on May 27. The rupee May 28 declined by 18 paise to close at 69.69 against the US currency, weighed down by month-end dollar demand from importers and rising crude oil prices. On the institutional front, FPIs were net sellers in Indian markets for Rs 501 crore while DIIs were net buyers to the tune of Rs 269 crore, provisional data showed. Big News: On the earnings front, as many as 617 stocks will declare their results for the quarter ended March which include names like Aban Offshore, Adani Power, Bharat Electronics, Cadila Healthcare, Finolex Cables, GMR Infrastructure, Havells India, IDFC Ltd, IPCA Laboratories, Max India, NBCC etc. among others.   https://www.capitalaim.com/trading/stock-tips  

Market Opening bell capital aim

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NIFTY Previous Close :  11,928.75 OPEN @ 11,905.80 SENSEX - Previous Close : 39,749.73 OPEN @  39,714.27 BANK NIFTY - Previous Close :  31,597.90 OPEN @ : 31,459.25 https://www.capitalaim.com/trading/stock-tips

Sensex, Nifty end higher on a volatile day; Yes Bank gains 4%

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The benchmark indices ended higher in the consolidation day. The Sensex was up 66.44 points at 39,749.73, while Nifty was up 16.40 points at 11,941.20. About 1416 shares have advanced, 1160 shares declined, and 154 shares are unchanged. The gainers on Nifty were Zee Entertainment, Yes Bank, Infosys, Coal India and Power Grid Corp, while losers include Bharti Infratel, Bajaj Auto, Grasim Industries, Hero Motocorp and UltraTech Cement. Among sectors, auto, infra and PSU bank remained under pressure, while buying seen in the energy, IT and Metal https://www.capitalaim.com/trading/stock-tips

Rupee at day's low, trades at 69.70 per dollar

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The Indian rupee is trading lower by 20 paise at 69.70 per dollar against previous close 69.50 On May 27 the rupee ended marginally lower at 69.50 per dollar after it erased all its morning gains on the back of recovery in the greenback against other major currencies. Rupee consolidated in a narrow range against the US dollar as most market participants remained cautious ahead of the important GDP number that will be released later this week, said Motilal Oswal.   https://www.capitalaim.com/trading/stock-tips  

Market Opening bell capital aim

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NIFTY Previous Close :  11,924.75 OPEN @ 11,958.35 SENSEX - Previous Close : 39,683.29 OPEN @  39,765.64 BANK NIFTY - Previous Close : 31,647.65 OPEN @ : 31,711.30 https://www.capitalaim.com/trading/stock-tips

Nifty ends above 11,900, Sensex up 248 points; Tata Steel surges 5%

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It was a strong close for the benchmark indices on May 27 with Nifty finished above 11,900 level. At close, the Sensex was up 248.57 points at 39683.29, while the Nifty was up 80.70 points at 11924.80. About 1782 shares have advanced, 797 shares declined, and 160 shares are unchanged. Tata Steel, Yes Bank, NTPC, IOC and L&T were the top gainers on the Nifty, while Zee Entertainment, IndusInd Bank, Reliance Industries, Tech Mahindra and Bharti Airtel were the major losers. Among the sectors, except IT and pharma all other indices ended higher led by infra, metal, PSU bank, FMCG and energy   https://www.capitalaim.com/trading/stock-tips  

Nifty above 11,900, Sensex up 200 points; metal stocks in focus

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Benchmark indices remained strong for second consecutive session with the Sensex rising 187.29 points to 39,622.01 and the Nifty trading 49.50 points higher at 11,893.60. The market breadth was also in favour of bulls. About 1,386 shares advanced against 552 declining shares on the BSE. Benchmark indices extend the early morning gains with Nifty around 11,900 level. The Sensex is up 202.96 points at 39637.68, while Nifty is up 49.60 points at 11893.70. About 1240 shares have advanced, 464 shares declined, and 92 shares are unchanged. https://www.capitalaim.com/trading/stock-tips

Market Opening bell capital aim

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NIFTY - Previous Close :  11,844.10 OPEN @ 11,855.50 SENSEX - Previous Close : : 39,434.72 OPEN @ 39,536.23 BANK NIFTY - Previous Close : : 31,212.55 OPEN @ : : 31,234.90 https://www.capitalaim.com/trading/stock-tips

Sensex rallies 623 pts, Nifty settles at 11,844; ICICI Bank gains 5%

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Market close: Indian indices ended near day's high level on May 24 after BJP led NDA government got clear mandate in the Lok Sabha Election 2019. At close, the Sensex was up 623.33 points at 39434.72, while Nifty was up 187.10 points at 11844.10. About 1823 shares have advanced, 676 shares declined, and 150 shares are unchanged. ICICI Bank, Zee Entertainment, Vedanta, Tata Steel and Bharti Airtel were among major gainers in the Nifty, while Tech Mahindra, NTPC, ONGC, TCS and HCL Tech were some of the losers. All the sectoral indices ended in the green led by BSE PSU Bank (up 5.5%) followed by auto, metal and infra gained more than 2 percent. https://www.capitalaim.com/trading/stock-tips

Gold firms above $1,280 as weak US data rekindles rate cut hopes

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Gold prices held steady on Friday after rising above $1,280 in the previous session as weak U.S. data pushed the dollar off 2-year highs and reignited hopes of a rate cut by the Federal Reserve this year. Spot gold was mostly steady at $1,283.41 per ounce by 0252 GMT, after rising as much as 1.1% to a one-week peak of 1,287.23 in the previous session. The metal has risen 0.5% so far this week. U.S. gold futures for June were down 0.2% at 1,282.40. "Gold has found a very good support around $1,270. There was some short covering after the (weak U.S.) data that pushed prices up. However, the upside could be limited as $1,290 is acting as a strong resistance," said Peter Fung, head of dealing at Wing Fung Precious Metals. https://www.capitalaim.com/trading/stock-tips

Market Opening bell capital aim

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NIFTY - Previous Close :  11,657.05 OPEN @ 11,748.00 SENSEX - Previous Close : 39,110.21 OPEN @ 39,076.28 BANK NIFTY - Previous Close : 30,409.10 OPEN @ : 30,685.50  https://www.capitalaim.com/trading/stock-tips

Sensex Rallied 441.41 Points & Nifty50 Surged 125.30 Points

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The market opened at record highs with the Sensex approaching 40,000 levels as the NDA is leading in more than 200 seats. The 30-share BSE Sensex rallied 441.41 points or 1.13 percent to 39,551.62 and the Nifty50 surged 125.30 points or 1.07 percent to 11,863.20. The market opened at record highs with the Sensex approaching 40,000 levels as the NDA is leading in more than 270 seats. The 30-share BSE Sensex rallied 441.41 points or 1.13 percent to 39,551.62 and the Nifty50 surged 125.30 points or 1.07 percent to 11,863.20. https://www.capitalaim.com/trading/stock-tips

Market Opening bell capital aim

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NIFTY - Previous Close : 11,737.90 OPEN @ 11,901.30(+163.40) SENSEX - Previous Close : 39,110.21 OPEN @ 39,591.77(+481.56) BANK NIFTY - Previous Close : 30,526.80 OPEN @ : 30,962.80(+436)   https://www.capitalaim.com/trading/stock-tips  

Sensex Was Up 140.41 Points & Nifty Was Up 28.80 Points

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It is a positive closing for the Indian market in a volatile day ahead of counting of Lok Sabha Election 2019 to be done on May 23. At close, the Sensex was up 140.41 points at 39110.21, while Nifty was up 28.80 points at 11737.90. About 1356 shares have advanced, 1147 shares declined, and 183 shares are unchanged. IndusInd Bank, Sun Pharma, Bajaj Auto, BPCL and Eicher Motors were among major gainers on the Nifty, while losers were Tech Mahindra, Indiabulls Housing, Bharti Infratel, ITC and Yes Bank. Among sectors, except IT and FMCG other sectors ended higher led by bank, auto, infra, energy, pharma and metal https://www.capitalaim.com/trading/stock-tips

Capital Aim Morning Update

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Benchmark indices opened flat to positive on May 22 ahead of Lok Sabha Election 2019 counting on May 23. The Sensex is down 14.55 points at 38955.25, while Nifty is down 23.10 points at 11686. About 368 shares have advanced, 237 shares declined, and 38 shares are unchanged.  DHFL, Tech Mahindra, JSPL, Indiabulls Housing, Yes Bank, ITC, HUL, IndusInd Bank and HUL are among major gainers, while losers are BPCL, IOC, ICICI Bank, Bajaj Auto, Britannia, HDFC Bank and Kotak Mahindra Bank. Among the sectors, IT, metal, FMCG and auto indices are trading with marginal loss, while energy, infra and pharma are trading higher   https://www.capitalaim.com/trading/stock-tips  

Market Opening bell capital aim

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NIFTY - Previous Close : 11,709.10 OPEN @ 11,727.95(+18.85) SENSEX - Previous Close : 39,086.21 OPEN @ 39,086.21(+96.78) BANK NIFTY - Previous Close : 30,308.40 OPEN @ : 30,410.65(+102.40) https://www.capitalaim.com/trading/stock-tips

Capital Aim Morning Update

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After a strong closing in the previous session the benchmark indices opened on positive note on May 21 with Nifty and Sensex test a new record highs. The Sensex is up 104.58 points at 39457.25, while Nifty is up 28.80 points at 11857.10. About 534 shares have advanced, 266 shares declined, and 64 shares are unchanged.  Adani Port, Dr Reddy's Lab, HDFC, RIL, Coal India and Bharti Infra are among major gainers on the indices, while losers are Tata Motors, BPCL, Tech Mahindra, HCL Tech, Infosys, Sun Pharma, TCS, Jindal Stainless, Astral Poly, Dhampur Sugar and Phillip Carbon. Among the sectors, except IT all other sectoral indices are trading higher led by pharma, bank, metal, energy and FMCG.   https://www.capitalaim.com/trading/stock-tips  

Market Opening Bell CapitalAim

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NIFTY - Previous Close : 11,828.25 OPEN @ 11,863.65(+35.4) SENSEX - Previous Close : 39,352.67 OPEN @ 39,449.45(+96.78) BANK NIFTY - Previous Close : 30,759.70 OPEN @ : 30,862.10(+102.40)    https://www.capitalaim.com/trading/stock-tips  

Sensex, Nifty end at record closing high on exit polls verdict; PSU banks outperform

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Exit polls have predicted a comfortable victory for the BJP-led NDA, which helped the benchmark indices end at a record closing high. Both the indices posted a biggest single session gain since 2009. At close, the Sensex was up 1,421.90 points or 3.75% at 39352.67, while Nifty was up 421.10 points or 3.69% at 11828.30. About 2013 shares have advanced, 613 shares declined, and 155 shares are unchanged. Indiabulls Housing, IndusInd Bank, Adani Ports, SBI and Tata Motors were among major gainers on the Nifty, while losers were Dr Reddy’s Labs, Zee Entertainment, Bajaj Auto, Tech Mahindra and Infosys. All the sectoral indices ended in green led by PSU banks, infra, auto, energy, FMCG, metal and pharma.   https://www.capitalaim.com/trading/stock-tips  

Market Opening bell capital aim

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NIFTY - Previous Close : 11,407.15 OPEN @ 11,651.90(+244.75) SENSEX - Previous Close : 37,930.77 OPEN @ 38,701.18(+700.41) BANK NIFTY - Previous Close : 29,450.15 OPEN @ : 30,230.40(+780.25) https://www.capitalaim.com/trading/stock-tips

Nifty Pharma index up; Piramal Enterprises surges 6%

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Benchmark indices were trading over 2 per cent higher on Monday as investors seemed buoyed by the prospect of a stable government after exit poll results predicted the return of the BJP-led National Democratic Alliance (NDA) to power. Polling for the seventh and final phase of Lok Sabha (LS) elections 2019 ended on Sunday evening, with most exit polls predicting the Bharatiya Janata Party’s (BJP’s) phir ek baar Modi sarkar, or ‘once more Modi government’ slogan likely to get vindicated on the counting day on Thursday (May 23). READ FULL STORY HERE At 9:20 AM, the S&P BSE Sensex had gained a whopping 800 points, or 2.14 per cent, to trade at 38,740 levels, with Maruti, State Bank of India, Larsen & Toubro, ICICI Bank, and Reliance Industries among the top gainers. The broader Nifty50, had gained 263 points, or 2.31 per cent, to trade at 11,671. All the Nifty sectoral indices, except Nifty IT and Nifty Media, were trading in the green, with the Nifty PSU Bank index gaini...

Sensex Surges 537 Points; Banking and Auto Stocks Witness Buying

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Indian share markets continued their momentum and ended their trading session on a positive note today. Gains were largely seen in the banking sector, FMCG sector and auto sector. At the closing bell, the BSE Sensex stood higher by 537 points (up 1.4%) and the NSE Nifty closed higher by 150 points (up 1.3%). The BSE Mid Cap index ended the day up by 1.1%, while the BSE Small Cap index ended the day up by 0.5%. Asian stock markets finished on a mixed note as of the most recent closing prices. The Hang Seng stood down by 1.2% and the Nikkei was trading up by 0.9%. European markets were trading on a negative note. The FTSE 100 was down by 0.3%. The DAX was trading down by 0.9%, while the CAC 40 was down by 0.4%. The rupee was trading at 70.16 to the US$ at the time of writing. Indian share markets were trading in the green just ahead of exit polls results which are scheduled to come out on Sunday. https://www.capitalaim.com/trading/stock-tips

Sensex Is Up 80.26 Points & Nifty Is Up 21.40 Points

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The Sensex is up 80.26 points at 37473.74, while Nifty is up 21.40 points at 11278.50. About 419 shares have advanced, 327 shares declined, and 33 shares are unchanged. Yes Bank, Zee Entertainment, DHFL, TCS, RIL, M&M, ITC, Wipro, Manapparum Finance and Reliance Capital are among major gainers on the indices, while losers are BPCL, NTPC, Eicher Motors, Sun Pharma, Tata Steel, SBI, PNB, PNB Housing, Interglobe Aviation and JSW Steel. On the sectoral front IT, bank and FMCG are witnessing buying interest, while pharma, metal, infra and energy are trading lower. Benchmark indices opened on flat with positive baas on May 17 amid mixed global cues with Nifty above 11,250. https://www.capitalaim.com/trading/stock-tips

Capital aim Market Opening

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NIFTY - Previous Close : 11,257.10 OPEN @ 11,261.90(+4.80) SENSEX - Previous Close : 37,393.48 OPEN @ 37,494.42(+100.94) BANK NIFTY - Previous Close : 28,855.30 OPEN @ : 28,881.40(+26.10)   https://www.capitalaim.com/trading/stock-tips  

Sensex, Nifty Trade Flat With Positive Bias

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Indian indices opened on positive note on Thursday on the back of mixed global cues. The Sensex is up 57.54 points at 37172.42, while Nifty is up 15.50 points at 11172.50. About 389 shares have advanced, 232 shares declined, and 40 shares are unchanged.  J&K Bank, JSW Steel, Tata Steel, Vedanta, Tata Chemical, Tata Motors and Tata Global are among major gainers on the indices, while Indiabulls Housing, BPCL, L&T, Coal India, ITC, HDFC Bank, Manappuram Finance are among major losers. On the sectoral front, buying seen in the metal, IT, auto and PSU banking stocks   https://www.capitalaim.com/trading/stock-tips  

Capital aim Market Opening

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NIFTY - Previous Close : 11,157.00 OPEN @ 11,180.35(+23.35) SENSEX - Previous Close : 37,114.88 OPEN @ 37,179.13(+64.25) BANK NIFTY - Previous Close : 28,616.45 OPEN @ : 28,625.90(+9.45)   https://www.capitalaim.com/trading/stock-tips  

Capitalaim morning update

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It is a good start for the market on May 15 with Nifty opened above 11,250 level. The Sensex is up 116.55 points at 37435.08, while Nifty is up 34.50 points at 11256.50. About 444 shares have advanced, 203 shares declined, and 21 shares are unchanged.  SBI, IndusInd Bank, Axis Bank, ICICI Bank, Nestle India are among major gainers on the indices, while losers are Yes Bank, Dr Reddy's Lab, Bharti Airtel, JSW Steel, Pidilite and Jet Airways. All the sectoral indices are trading in green led by energy, FMCG, auto, bank and IT   https://www.capitalaim.com/trading/stock-tips  

Capital aim market Opening

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NIFTY - Previous Close : 11,222.05 OPEN @ 11,271.70(+49.65) SENSEX - Previous Close : 37,318.53 OPEN @ 37,539.05(+220.52) BANK NIFTY - Previous Close : 28,829.20 OPEN @ : 28,925.45(+96.2)   https://www.capitalaim.com/trading/stock-tips  

Capitalaim Closing update sensex

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Benchmark indices closed in the green after falling for nine consecutive sessions. Sensex was up 227 points at 37,318.53, while Nifty closed at 11,222, up 73.80 points. About 1223 shares have advanced, 1260 shares have declined, and 132 shares are unchanged.  Sun Pharma, Bharti Airtel, Indiabulls Housing and Vedanta were among top index gainers, while TCS, Tech Mahindra, HCL Technologies and Bajaj Finance were among the top losers on the index.  Except IT that fell over 1 percent, all sectoral indices were trading in the green. PSU Bank is the biggest gainer, surging about 3 percent.  Nifty Midcap 100 was up 80 points at 16737.25, while Nifty Smallcap 100 was at 6,142.80, up 43 points.   https://www.capitalaim.com/trading/stock-tips  

morning updates nifty

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It is flat opening for market as Nifty has opened at 11,151.65, up 3 points. Sensex has opened at 37,146.58.  About 316 shares have advanced, 713 shares have declined, and 35 shares are unchanged. Sun Pharma, Vedanta, Reliance, IndusInd Bank, ITC, Adani Ports and Eicher Motors are among major gainers on the indices, while losers are Tata Steel, Infosys, ONGC, Asian Paints and L&T. Among sectoral indices, FMCG, Pharma and PSU banks are trading higher.   https://www.capitalaim.com/trading/stock-tips  

Market opening bell

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NIFTY - Previous Close : 11,148.20 OPEN @ 11,151.65(+3.45) SENSEX - Previous Close : 37,090.82 OPEN @ 37,146.58(+55.76) BANK NIFTY - Previous Close : 28,659.95 OPEN @ : 28,718.75(+58.8)   https://www.capitalaim.com/trading/stock-tips  

Market opening bell

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NIFTY - Previous Close : 11,278.90 OPEN @ 11,258.70(-20.20) SENSEX - Previous Close : 37,462.99 OPEN @ 37,491.30(+28.31) BANK NIFTY - Previous Close : 29,040.50 OPEN @ : 29,026.65(-13.85)   https://www.capitalaim.com/trading/stock-tips  

Sensex, Nifty flat in volatile trade

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It is weak start for the week as benchmark indices opened lower on May 13 with Nifty around 11,250. The Sensex is down 69.91 points at 37393.08, while Nifty is down 27 points at 11251.90. About 295 shares have advanced, 398 shares declined, and 46 shares are unchanged. Tata Steel, Hindalco, Eicher Motors, Dr Reddy's Lab Grasim Industries and Indiabulls Housing are among major losers on the indices, while gainers are TCS, SBI, Wipro, HCL Tech and Tech Mahindra.   https://www.capitalaim.com/trading/stock-tips  

Nifty stocks trade at a discount to respective 10-year average P/Es

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Nifty50 rallied to a fresh record high of 11,856 in April but since then the momentum has fizzled out. The index is down about 3 percent from las month's high and it has also breached its crucial short-term moving averages at 5-days exponential moving average (EMA), 13, 20 and 50-days EMA in May. A large part of the fall can be attributed to selling seen in the largecap stocks and about 25 such companies, or 50 percent, of the Nifty50 constituents are trading below their respective 10-year PE averages. PE multiple, or price-to-earnings ratio, is a valuation metric which measures the current stock price relative to the company's earnings. It is also sometimes referred to as earnings multiple. As many as 25 companies in the Nifty50 basket are trading below their respective 10-year average earnings multiple. These include Eicher Motors, Hero MotoCorp, L&T, Axis Bank, Yes Bank, SBI, NTPC and Power Grid, according to a report by Motilal Oswal. https://www.capitalaim.co...

Market Live: Sensex, Nifty open higher; HCL Tech, Voltas decline 3%

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Market opens: It is a higher opening for the market on the last trading day of the week with Nifty around 11,330 level. At 09:17 hrs IST, the Sensex is up 138.45 points at 37697.36, while Nifty is up 31.30 points or 0.28% at 11333.10. About 457 shares have advanced, 181 shares declined, and 22 shares are unchanged. Zee Entertainment, ICICI Bank, Yes Bank, RIL, SBI, Tata Steel, TCS are among major gainers on the indices, while losers are Asian Paints, Voltas, IOC, Wipro, HCL Tech, Infosys, Mahanagar Gas and Berger Paints. On the sectoral front, IT and FMCG are trading marginally lower, while metal, pharma, auto and bank are witnessing buying interest. https://www.capitalaim.com/trading/stock-tips

Market drifts lower in early trade

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Key indices edged lower in early trade on negative Asian stocks. At 9:22 IST, the barometer index, the S&P BSE Sensex, was down 148.98 points or 0.39% at 37,640.15. The Nifty 50 index was down 44.35 points or 0.39% at 11,315.10. The S&P BSE Mid-Cap index was down 0.29%. The S&P BSE Small-Cap index was down 0.22%. Both these indices outperformed the Sensex. The market breadth, indicating the overall health of the market, was weak. On the BSE, 400 shares rose and 611 shares fell. A total of 46 shares were unchanged. Overseas, Asian stocks were trading lower on Thursday as increased tensions ahead of key Sino-US trade negotiations fanned fresh concerns about the outlook for the global economy. The U.S. stock market switched direction toward the closing bell to finish mostly lower Wednesday as worries over U.S.-China trade talks lingered. The United States will raise tariffs from 10% to 25% on $200 billion worth of Chinese imports effective May 10, as per reports. The US Tr...

The recent market fall hints at more stress post elections

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 23 points at the opening bell. Asian Paints and HCL Technologies will unveil January-March 2019 quarterly earnings today, 9 May 2019. Overseas, Asian stocks were trading lower on Thursday as increased tensions ahead of key Sino-US trade negotiations fanned fresh concerns about the outlook for the global economy. The U.S. stock market switched direction toward the closing bell to finish mostly lower Wednesday as worries over U.S.-China trade talks lingered. The United States will raise tariffs from 10% to 25% on $200 billion worth of Chinese imports effective May 10, as per reports. The US Trade Representatives office will establish a process to seek exclusions for certain products from additional tariffs. Back home,key domestic benchmarks extended losses for sixth straight trading session yesterday, 8 May 2019. Sentiment was weak across global stock markets amid worries of an unsuc...

Sensex sheds 200 pts, Nifty below 11,450; Vedanta slips 3%

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Indian indices were trading in the negative territory in the early trade. At 9.33 am, the BSE Sensex lost over 200 points, at 38,043.50 levels, while the broader Nifty50 was down 69 points at 11,429 levels. The BSE Sensex opened at 38,244.18 levels while Nifty50 opened at 11,478.70 levels. The Sensex was dragged by Vedanta, HDFC, Reliance and Tata Motors that was down over 1 per cent each, with an execption of Vedanta, which was down over 3 per cent. Broader market saw relatively better performance with Nifty Midcap down 0.23 per cent against benchmark Nifty50, which was down 0.54 per cent. All the sectoral indices on Nifty were trading in red with an average fall og 0.5 per cent. On Tuesday, Indian indices witnessed heavy sell off as fears grew regarding global growth as the US and China stare at a breakdown in the trade deal. The S&P BSE Sensex ended 324 points, or 0.84 per cent, lower at 38,277 levels while the broader Nifty50 lost over 200 points, or 0.87 per ce...

Market Live: Indices extend losses as Sensex falls 250 pts, Nifty below 11,450

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Market Opens: It is weak start for the Indian indices on May 8 with Nifty below 11,450. At 09:17 hrs IST, the Sensex is down 239.22 points at 38037.41, while Nifty is down 65.20 points at 11432.70. About 208 shares have advanced, 451 shares declined, and 31 shares are unchanged. Vedanta, Asian Paints, HDFC Bank, Tata Motors, SBI, RIL are among major losers on the indices, while gainers include Zee Entertainment, Gail, IndusInd Bank and Ceat. All sectoral indices are trading in red led by metal, FMCG, auto, bank, energy, pharma and IT.     https://www.capitalaim.com/trading/stock-tips  

Market drifts higher in early trade

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Key benchmark indices edged higher in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 166.38 points or 0.43% at 38,766.72. The Nifty 50 index was up 37.80 points or 0.33% at 11,636.05. The S&P BSE Mid-Cap index was up 0.39%. The S&P BSE Small-Cap index was up 0.37%. The market breadth, indicating the overall health of the market, was strong. On the BSE, 771 shares rose and 350 shares fell. A total of 55 shares were unchanged. Overseas, Asian stocks were mixed Tuesday amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise on Friday. US stocks closed on Monday with tepid losses in the three major indexes, with much of their striking slumps earlier gradually eroded throughout the day. Back home, HDFC Bank rose 0.67% after the bank said that its board will consider stock split on 22 May 2019. The board will mull a proposal to split one equity share of face value o...

Sensex, Nifty trading flat with positive bias

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The benchmark BSE Sensex recovered over 200 points on Tuesday led by gains in banking and IT stocks despite weak global cues. At 10 am, the 30-share index was trading 95.03 points, or 0.25 per cent, higher at 38,695.37. Similarly, the broader NSE Nifty was up 13.20 points, or 0.11 per cent, at 11,611.45. Top gainers in early session were Vedanta, Coal India, Hero MotoCorp, TCS, SBI, Tata Steel, Axis Bank, PowerGrid, Yes Bank, Tata Motors, HUL, ICICI Bank, HDFC Bank and Infosys, rising up to 1.83 per cent. On the other hand, IndusInd Bank, ONGC, RIL, Sun Pharma, HCL Tech and Bharti Airtel fell up to 1.92 per cent. According to traders, banking and IT stocks lifted investor sentiment despite choppy cues from other global markets. Meanwhile, foreign institutional investors (FIIs) sold equity worth Rs 948.98 crore on Monday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 89.89 crore, provisional data available with stock exchanges showed. https:/...

Market slumps in early trade

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Domestic stocks opened on a weak note on negative Asian stocks. At 9:24 IST, the barometer index, the S&P BSE Sensex, was down 381.25 points or 0.98% at 38,582.01. The Nifty 50 index was down 104.50 points or 0.89% at 11,607.75. The S&P BSE Mid-Cap index was down 0.63%. The S&P BSE Small-Cap index was down 0.47%. Both these indices outperformed the Sensex. The market breadth, indicating the overall health of the market, was weak. On the BSE, 315 shares rose and 804 shares fell. A total of 62 shares were unchanged. On the political front, the fifth phase of the Lok Sabha polls 2019 is underway today, 6 May 2019, with 51 Lok Sabha constituencies from 7 different states going to vote. The 2019 Indian general election, which is scheduled to be held in seven phases, kicked off on 11 April 2019. It will conclude on 19 May 2019. The counting of votes will be conducted on 23 May 2019, and on the same day the results will be declared. Overseas, Asian stocks were trading sharply l...

Sensex falls 300 pts, Nifty around 11,600 on fresh US-China worries; HUL slips

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it is a gap-down opening for the Indian indices on Monday with Nifty slipped below 11,600 level. At 09:17 hrs IST, the Sensex is down 380.44 points or 0.98% at 38582.82, and the Nifty down 111.90 points or 0.96% at 11600.40. HDFC Bank, SBI, Maruti Suzuki, RIL, Titan, Yes Bank, Tata Steel, Vedanta, Tata Motors, Hindalco, Infosys, Indiabulls Housing, HUL are among major losers on the indices, on the other hand gainers are BPCL, Power Grid, Asian Paints and Eicher Motors. All the sectoral indices are trading red led by metal, IT, infra, bank, auto, pharma and FMCG. https://www.capitalaim.com/trading/stock-tips

Crude Oil Weekly Technical

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Crude oil may sell off a bit more before finding buyers  Heading into last week crude oil was set up to head lower with the weekly reversal candle off the underside slope in place from the 2016 low. Further adding to a negative trading bias was the Tuesday daily reversal, which created the ‘reversal inside a reversal’ set-up discussed in Wednesday’s webinar. Oil may initially see some more selling to begin the week as both the 200-day and slope from earlier this year get tested a bit more thoroughly. This leaves the downside open to a move to around the 60-mark, but from there a low could form. Watching price action at technical levels is always a major key to understanding their importance, and with that if we see some sort of rejection at support that suggests momentum wants to turn back up, then the trading bias will flip towards higher prices. Bigger picture, though, with the weekly rejection around the 2016 slope still standing firm it is unclear yet whether any rally fr...