Equity benchmarks closed marginally higher | Nifty above 8,600

The Equity Market ended flat on the occasion of Dhanteras. with the Nifty retaining 8600 level on the first day of November series. The Sensex ended with a gain of  25.61 points at 27941.51 and the Nifty was up 22.75 points or 0.3 percent at 8638. About 1564 shares have advanced, 1093 shares declined, and 276 shares are unchanged. BSE midcap was up around 1 percent at 13408.27, while BSE smallcap index was up 0.96 percent at 13454.03. Bank Nifty rose by 0.21 percent to 19555.95. 

NSE Gainers -  Tech Mahindra 5.20%, Zee Entertain 3.17%, Bajaj Auto 3.14%, Tata Motors (D) 2.92%, Tata Motors 2.87%.

NSE Losers - ICICI Bank 2.62%, Bharti Infratel 2.29%, Eicher Motors 1.93%, Cipla 1.81%, Idea Cellular 1.68%.

Friday Market news updates | Nifty firm above 8,600

Equity benchmark was started in the red note in morning but after some time recovered its early losses with the Nifty rising over 8600 level on the first day of November series. Sensex up 23.15 points at 27939.05 and the 50-share NSE Nifty gained 22.10 points at 8636.15 while the broader markets outperformed benchmarks. The Indian rupee opened marginally lower at 66.89 per dollar on Friday against previous close 66.86. BSE midcap index rising 0.92 percent at 13404.61. BSE smallcap index up 0.90 percent to 13445.63. 

Coal India, Tata Motors, Dr Reddys Labs, Axis Bank, and Tata Steel are the top gainers while ICICI Bank, Bharti Airtel, Cipla, GAIL, and ITC are the losers in the Sensex. 

Friday Share Trading Advice -

Axis Bank - Buy, SL -  477.5 Rs, TGT 500 Rs

ITC - Buy, SL - 240 Rs, TGT - 247 Rs

Ambuja - Sell, SL - 247, TGT - 235 Rs

Equity Market under pressure | Nifty below 8,600

The Equity market opened in lower cues as well as broader market continued to trade in the red note. The S&P BSE Sensex slipped over 100 points in morning trade on Thursday led by losses in Tata Motors, HDFC Bank, TCS, Axis Bank, and SBI. Now Sensex trading at 27,720.79, lower by 117.70 points or 0.42 percent. Sensex was previously closed at 27,836.51. It touched a high of 27,843.62 and touched of 27,701.66 in morning trade. The Nifty50 slipped below its crucial support level of 8,600 weighed down by losses in realty, power, metal, consumer durables, capital goods, and banking stocks. Now Nifty down 53.55 points or 0.63 percent at 8561.35. Nifty was previously closed at 8,615.25. It touched a high of 8,609.90 and touched of 8,561.00 in morning trade. 

NSE Gainers - Dr Reddys Labs 1.59%, ITC 1.57%, Sun Pharma 1.12%, Aurobindo Pharm 0.99%, HDFC 0.92%.

NSE Losers - Bharti Infratel 3.20%, Asian Paints 2.73%, Yes Bank 2.55%, Tata Motors (D) 2.28%, Tata Motors 2.18%

Trading Advice for Thursday - 

Syndicate Bank - Sell, SL - 75 Rs, TGT - 71 Rs

ICICI Bank - Sell, SL - 282 Rs, TGT - 276/271 Rs

Sensex down over 200 pts | Nifty holds 8,600

Equity benchmarks has opened in the red note and fell on Tuesday further the Sensex down above 200 points, But Nifty still now holds 8,600 level. Now Sensex trading at 27885.22, lower by 208.56 points or 0.74 percent. Nifty down 51.60 points or 0.59 percent at 8639.90. Sensex starts at 28050.55, It touched a high of 28,050.55 and touched a low of 27,846.40 in morning trade. Nifty starts at 8,657.30, It touched a high of 8,657.30 and touched a low of  8,617.90 in first one hour trade. Banking shares seem falling in all around an environment, BSE midcap and BSE smallcap index  do not get support to the market in early trading. BSE midcap index up 0.16 percent at 13564.96. while BSE smallcap index up 0.39 percent at 13571.49. 

Bharti Airtel, Bajaj Auto, M&M, Hero Motocorp, and Maruti Suzuki are the top gainers while Axis Bank, ICICI Bank, Tata Motors, Asian Paints, and HDFC are the major losers in the Sensex. 

Trading Advice for Today - 

DHFL - Buy, SL - 315 Rs, TGT - 350 Rs

Bharat Forge - Buy, SL -868.50 Rs, TGT - 882/ 891 Rs

Nifty slipped below 8,700 amid Tata - Mistry row

The Market has closed lower today and erased some previous day gains on Tuesday, Nifty fell below 8700 level amid a mixed set of earnings and ambiguity over Tata-Mistry issue. BSE Sensex was down 87.66 points at 28091.42 and NSE Nifty fell by 17.65 points to 8691.30. About 1352 shares advanced, 1438 shares declined and 234 shares were unchanged. BSE Midcap index was down 0.30 percent to 13543.70. while BSE Smallcap index was up 0.13 percent at 13518.83.

Adani Ports, Dr Reddys Labs, ICICI Bank, Axis Bank, and Bharti Airtel were the major gainers while M&M, Tata Steel, GAIL, HUL, and ONGC were the top losers in the Sensex. 

Nifty Breaks 8,700 | Tata Steel down 3%, Today's Trading Tips

The Equity benchmark has opened on the negative note and extended losses in early trade. Today will be the focus on Tata group stocks. A day before the Tata Sons met on Monday. Mr. Nitin Nohria met Cyrus Mistry for more than two hours. Mr. Nitin Nohria is dean of Harvard Business School. He conveyed a message from Tata Trust chairman Ratan Tata what might come up for discussion at the meeting. On Monday, The Tata Sons board's announcement took everyone by surprise but the die had been cast some months ago. On Tuesday,  shares of Tata Group stock seemed in under selling pressure  reacting to Cyrus Mistry's ouster as Chairman, Where Tata Steel down 3 percent. 

Equity market still remained under pressure With the BSE Sensex falling 109.25 points or 0.39 percent at 28074.71. Hovers Nifty trading below 8,700, down by 14.65 points or 0.16 percent. 

NSE Gainers - Bharti Infratel 3.39%, Tech Mahindra 1.50%, Dr Reddys Labs 1.12%, Aurobindo Pharm 1.05%, Cipla 0.86%.

NSE Losers - Tata Steel 2.75%, GAIL 1.80%, Idea Cellular 1.76%, Tata Power 1.55%, Hindalco 1.49%.

Today's Stock Trading Tips - 

HCL Tech  - Sell for three days, SL - 831 Rs, TGT - 781 Rs 

Allahabad Bank - Buy, SL - 74 Rs, TGT - 84 Rs

Sensex ends above 100 pts | Nifty settled 8,700 level

The Equity Market has ended higher with The BSE Sensex closed 101.90 points, or 0.36 percent up at 28179.08, while NSE Nifty index settled 15.90 points up at 8708.95. Nifty closing above 8700 level for the first time since October 6, supported by  ICICI Bank, Tata Motors and ONG. In Nifty Idea Cellular, Wipro, HCL Technologies, Asian Paints and ZEEL slipped between 1.69 per cent and 3.57. On the other hand, ONGC, BPCL, Coal India, Tata Motors and ICICI Bank gained 2.53 percent and 4.50 percent. 

Sensex climbs 50 pts | Nifty hovers around 8,700

Today the equity market opened on a strong note but it is not only in a direction of  increasing, While it is volatile in the benchmarks. Sensex turns  rangebound and trades above its crucial support level of 28,000. Nifty also reclimbed and opened its psychological level of 8,700. Now Sensex trading at 56.89 points higher or 0.23 percent at 28134.07 while Nifty trading at 8701.80, up marginal by 8.40 points or 0.10 percent. BSE midcap index is rose 0.5 percent at 13609.63. BSE smallcap index up 0.57 percent to 13508.51. 

ICICI Bank, SBI, Adani Ports, Tata Motors, and GAIL are the top gainers while Wipro, Asian Paints, Bharti Airtel, Axis Bank, and TCS are the major losers in the Sensex.

Market closed in red note | HUL, TCS gain

The Market has closed in the red note and it seems the profit taking pressure in the market but made a valued post in the noon. Even After the last session gains, the market opened in a good strength in morning but did not hold for a long time. Today, Nifty slipped till 8652 and Sensex fell by 27958, Finally, at the end of the day, Sensex has managed to close above 28000. But Nifty closed below 8700 Today. Midcap shares showed ebullience, But the Smallcap shares appeared amid under pressure. BSE midcap index with gains of 0.3 percent,  while BSE midcap 100 ended with 0.5 percent higher. BSE smallcap index closed at flat around 13430. 

HUL, TCS, HDFC Bank, Dr Reddys Labs, and Wipro were the top gainers, while Axis Bank, Reliance, Cipla, HDFC, and Asian Paints were the major Losers in the Sensex.

Sensex losses over 100 pts | Nifty holds 8,650 amid pressure

The equity market rubs out its previous session gains and started tepidly on Friday. Sensex started with a cautious note led by losses in Axis Bank, Reliance, ONGC, and HDFC. Now Sensex is trading at 27987.71, Down by 142.91 points or 0.51 percent. Sensex touched a high 28,163.41 of and touched a low of 27,975.18 in morning trade. Nifty opened today flat but managed its crucial support level of 8,650. Now trading at 8658.80, Lower by 40.00 points or 0.46 percent. Nifty touched a high of   8,709.10 and touched a low of 8,657.80 in early trade. BSE midcap index is down 0.22 percent at 13529.88. While BSE Smallcap marginal up by 0.05 percent at 13426.19. Bank Nifty also down with 0.62 percent at 19536.85. 

NSE Gainers - HCL Tech 2.28%, Dr Reddys Labs 1.15%, GAIL 0.91%, Tech Mahindra 0.72%, BPCL 0.60%.

NSE Losers - Cipla 3.19%, Axis Bank 2.68%, Hindalco 2.35, Reliance 1.97%, Ambuja Cements 1.88. 

Sensex gains 145 pts | Reliance reports at Rs 7,704 crore

Equity benchmarks reclimbed previous day's  losses on Thursday. The market has closed on a strong note with the Sensex was up 145.47 points or 0.5 percent at 28129.84. Nifty recouped its crucial support level of 8700 an intraday but failed  to hold the same level in last hour trade. Nifty ended with a gain of 40.30 points to 8699.40 after hitting an intraday high of 8727. 

Reliance Industries reported a 17.90 percent year-on-year increases standalone net profit at Rs 7,704 crore ( up 2 percent quarter-on-quarter ) for the September quarter. 

NSE Gainers - Adani Ports 5.03%, ICICI Bank 4.73%, Hindalco 2.81%, Idea Cellular 2.62%, Bharti Infratel 2.55%.

NSE Losers - HCL Tech 1.81%, HUL 0.67%, Tata Motors 0.66%, Tata Motors (D) 0.66%, Sun Pharma 0.63%.

Sensex soars 200 pts | Nifty hits 8,700

The market has opened higher fuelled by firm global markets. Today, The equity market seems to trade with positive strength in the morning trade. Sensex trading above 28,000 and Nifty above its crucial support level of 8,700. The Sensex is up 194.89 points or 0.70 percent at 28166.01, and the Nifty up 54.55 points or 0.62 percent at 8713.65. Sensex starts at 28,031.57, It touched a high of 28,212.50 and touched a low of 28,031.57 in morning trade. Nifty starts at 8,693.35, It touched a high of  8,727.00 and touched a low of 8,687.75 in the first one hour. Now BSE midcap index index trading at 13609.41, higher by 56.70 points or 0.42 percent and BSE smallcap index is up 93.99 points or 0.70 percent to 13445.88. Bank Nifty also rising with 269.45 points or 1.39 percent. The Indian rupee has opened lower at 66.68 per dollar against previous close 66.67 per dollar.

ICICI Bank, Adani Ports, SBI, HDFC, and Axis Bank are the top gainers. While HDFC Bank, HUL, ITC, BHEL, and Sun Pharma are the major losers in the Sensex.

Stock Trading Advice - 

BUY  Tata Chemicals, SL - 278 Rs, TGT - 583 Rs

BUY  L&T Finance, SL - 106 Rs, TGT - 98 Rs

Sensex ends 66.51 pts lower | Nifty settled at 8659

After a sharp run in the previous session, Equity Market closed in a red note on Wednesday. Sensex fell to holds  its crucial support level of 28,000 to close at 27,984 with profit booking in ITC, ICICI Bank, and HDFC. Sensex opened at 28,112 against the previous close of 28,050. Finally, Sensex ended with a loss of 66.51 points to 27984.37. Nifty slipped 18.80 points and closed at 8,659 level. The broader market outperforms benchmarks with  the BSE midcap indices gained 0.06 percent and smallcap index 0.55 percent on positive breadth. 

NSE Gainers - Idea Cellular 4.81%, BHEL 3.71%, Tata Power 3.17%, Wipro 2.54%, Lupin 2.13%.

NSE Losers - ITC 2.64%, ICICI Bank 1.96%, Hero Motocorp 1.39%, HUL 1.12%, Zee Entertain 1.12%.

Sensex, Nifty fell | BHEL climbs over 4%

On Wednesday the equity benchmarks opened on flat note and trade continued to consolidate after yesterday ended the sharp run as investors anticipated more quarterly earning. The broader market seems marginally outperform benchmarks. Nifty hold its crucial support level of 8,650 and Sensex still above 28,000. 

Now BSE Sensex trading at 28007, down by 39.97 points or 0.15 percent. It touched a high of  28,131.07 and touched a low of 27,976.73 in morning trade. NSE Nifty 50 down 10.65 points or 0.12 percent at 8,660. It touched a high of 8,698.75 and touched a low of 8,656.80 in early trade. About 1307 shares advanced against 640 declining shares on the BSE. 

BHEL up over 4.50 percent while GAIL, Axis Bank, Sun Pharma, Wipro are the gainers on BSE. 

NSE Gainers - BHEL, GAIL, Wipro, Sun Pharma, and Axis Bank.

NSE Losers - ITC, M&M, Tata Motors (D), ICICI Bank, and HUL.

Stock Trading Intraday Advice - 

Aurobindo -  Buy, Stoploss - 523 Rs, TGT - 549/567 Rs

Sun Pharma - Buy ( 1-2 days ), Stoploss - 738 Rs, TGT - 770 Rs

Sensex soars over 500 pts | Nifty cracked 8,650

The equity market has strong comeback on Tuesday. Sensex surged more than 500 points an intraday trading. NSE Nifty 50 cracked its psychological level of 8,650 and settle at 8,677.90. Sensex was up 520.91 points or 1.9 percent to 28050.88. While Sensex started at the  27,529, After some time it goes for increasing direction and Hit an intraday high of 28,054 and touched a low of 27,652. Nifty bounced 157.50 points or 1.85 percent to 8677.90. Nifty also managed its crucial support  of level 8,600.  

Aurobindo pharma and Panjab National Bank rose by 3 percent. The biggest contributor of Sensex, Housing Finance company HDFC was up 3.82 percent lead by ITC, HDFC Bank L&T, Reliance Industries, Infosys and Axis Bank with a gain of 1.5-3 percent. Adani Ports was the major gainer, up 6.3 percent, while ONGC and Asian Paints were only losers in the Sensex.

Sensex surged over 200 pts | Nifty near 8,600

Today the Equity Market opened  in positive note and still holds its early gains with Sensex struggling up by 233 points and Nifty reclimbed its crucial support level of 8,550 with the help of  gains in Realty, Metals, Banks, Autos, Oil & Gas, and Power sector. The Market seems in a good condition so it is a good news for trade. Now Sensex trading at 27738.03, higher by 208.06 points or 0.76 percent. Nifty up 60.35 points or 0.72 percent at 8580.75. BSE midcap was up 0.79 percent at 13396. While BSE smallcap index also trading at 0.79 percent at 13211.62. Bank Nifty rose by 0.56 percent at 19177.20.

NSE Gainers - Tata Steel 2.56%, Zee Entertain 2.44%, HDFC 1.95%, Yes Bank 1.64%, HCL Tech 1.50%. 

NSE Losers - BPCL 1.13%, Asian Paints 1.04%, Idea Cellular 0.97%, Bharti Infratel 0.88%, Bharti Airtel 0.61%.

Today's Stock market Tips - 

Amara Raja - Sell, Stoploss - 1038 Rs, TGT - 985 Rs 

BEL - Sell, Stoploss - 1278 Rs, TGT - 1235 Rs

DHFL - Buy, Stoploss - 295 Rs, TGT - 314/320 Rs

Monday closing updates | Nifty ends below 8,550

The Equity Market ended with the red note. Sensex declined over 100 points and Nifty was around 8500. The end of the day market slipped in the bearish note. After a lot of struggle, The market was ended in the red note. 

Sensex ended with losses of 143.63 points or 0.5 percent at 27529.97 and Nifty ended down 63 points or 0.7 percent at 8520.40.

The broader market was closed on the bearish note. BSE midcap index was slipped 0.95 percent  to 13292.24. While BSE smallcap index ended with a loss of 0.52 percent to 13107.91

ICICI Bank, NTPC, HUL, ONGC, and SBI were the top gainers, While Zee Entertain, Idea Cellular, M&M, Eicher Motors, and Bosch were the major losers on NSE. 

Sensex fell, Nifty Stuck below 8,600

The Equity Market remained rangebound after over 1 percent fell in the last week while the broader market continued to still outperform on Monday. 

Today the equity benchmarks remained volatile with the Nifty below 8,600 and Sensex is trading near 27,700. Now Sensex trading at 27649.74, down by 29.27 points or 0.9 percent. The S&P BSE Sensex touched a high of 27,803.21 and touched a low of 27,663.82 in morning trade. 

However Nifty Still trading at 8557.70, marginal down 25.70 points or 0.30 percent. Nifty touched a high of 8,615.40 and touched a low of 8,567.35 in early trade. 

BSE midcap index is up 0.6 percent at 13427.32. While BSE smallcap index rose 0.54 percent at 13248.34. Bank Nifty rising over a percent to 19210.60. 

NSE Gainers - ICICI Bank 7.34%, Axis Bank 1.52%, NTPC 1.41%, SBI 0.91%, ONGC 0.70%.

NSE Losers - Tech Mahindra 2.20%, Idea Cellular 2.01%, Bharti Airtel 1.96%, Zee Entertain  1.91%, Eicher Motors 1.88%.

Trading Advice for Monday - 

Bharat Finance - Buy, Stoploss - 877 Rs, Target - 925 Rs

Hindalco - Sell, Stoploss - 158 Rs, Target - 150 Rs

NCC - Sell, Stoploss - 86 Rs, Target 80 Rs

Live Stock Market updates | Today's Trading Advice

The Equity Market opened in the green note in morning trade but after some time it is changed to the negative zone, Now it is trading again in positive strength. Means first two hours was volatile for trade, After volatilization, the market marginal is higher. Sensex tries to reach near 28,000 and Nifty breaks its crucial support level of 8,700 and Now trading around 8,600. 

Sensex trading at 27672.66, with a gain of 28.63 points or 0.10 percent. Nifty trading at 8582.66, up 9.25 points or  0.10 percent. 

Sensex touched a high of 27,763.54 and a low of 27,548.18 in morning trade. Nifty touched a high of 8,600.20 and a low of 8,549.80 in first one hour of trade. 

The market breadth remained positive strength as about two shares advanced for every share declining on the Bombay Stock Exchange. 

NSE Gainers - GAIL, ONGC, Larsen, Reliance, and SBI.

NSE Losers - HUL, Zee Entertain, Infosys, Lupin, and Eicher Motors.

Today's Trading Advice -

JSW Energy - Sell, Stoploss - 71 Rs, TGT - 68 Rs 

Yes Bank - Sell, Stoploss - 1287.5 Rs, TGT - 1200 Rs 

ACC - Sell, Stoploss - 1657.5 Rs, TGT - 1580 Rs

Thursday Market opens at red note | Nifty below 8,700

The Equity Market Seems likely under pressure and opened in negative clues. Sensex slipped 250 points in morning trade on Thursday and trading below its crucial support level of 28,000, led by losses in ICICI Bank, TCS, HDFC, Tata Motors, and Adani Ports. Nifty 50 down over 80 points and below its psychological level of 8,700, led by losses Zee Entertain, Bank of Baroda, ICICI Bank, TCS, and HDFC. 

Now Sensex trading at 27833.09, down 246.28 points or 0.88 percent. Nifty trading at, down 75 points or 0.86 percent. 

NSE Gainers - ONGC 2.49%, Infosys 1.90%, Cipla 1.44%, BPCL 1.35%, IndusInd Bank 0.66%.

NSE losers - Zee Entertain 2.76%, Bank of Baroda 2.59%, ICICI Bank 2.36%, TCS 2.33%, HDFC 2.25%.

Trading Advice for Thursday 

Tata Steel - Sell, Stoploss - 427 Rs, TGT - 405 Rs

IGL - Sell, Stoploss - 880 Rs, TGT - 850 Rs

Hero MotoCorp - Buy, Stoploss - 3440 Rs, TGT - 3600 Rs

Market opens with red note | Nifty below 8,700

The Market has opened flat on Friday After closing in the red note yesterday. yesterday Sensex was ended, down by 114 points and Nifty slipped 34 points. Now, Nifty below its crucial support level of 8,700. 
At the movement Sensex trading at 28064.54, down by 41.67 points or 0.15 percent. Sensex touched a high of 28,155.68 and touched a low of 28,043.29 in morning trade. 
Nifty trading at 8695.05, down 18.75 or 0.22 percent. Nifty touched a high of 8,690.80 and touched a low of 8,684.20 in first one hour. 
About 961 shares have advanced, 930 shares declined, and 122 shares are unchanged. 
BSE midcap index marginal higher by 0.08 percent at 13551.28 and BSE smallcap index gained 0.11 percent at 13240.57. 
The Indian rupee weakened further by 8 paise to 66.59 against the dollar today. yesterday, The rupee had lost 5 paise to end at 66.51 per dollar.

NSE Gainers - Tata Motors (D) 2.59%, Tata Motors 1.73%, Zee Entertain 1.64%, Tata Steel 1.17%, Axis Bank 0.95%.

NSE Losers - Bharti Infratel 2.19%, BPCL 1.68%, HDFC 1.47%, Asian Paints 1.20%, Bajaj Auto 1.19%.

Trading Advice for Friday -

ACC   - Sell, Stoploss - 1662.6 Rs, TGT - 1576 Rs

SBI     - Sell, Stoploss - 263.10 Rs, TGT - 246 Rs

Voltas - Sell, Stoploss - 396 Rs, TGT - 375 Rs

REC   - Buy, Stoploss - 127 Rs, TGT - 140 Rs

Some basic terms of stock market

Some Basic Trading Terms of Stock Market by Krush Bell on Scribd

Stock Market opens higher | Nifty above 8,700

The Stock market has opened marginally up on Thursday, Despite the weakness in Banking and IT index. Today The IT and Banking share passing in under pressure in morning trade. 

Sensex trading very well above 28,000 and Nifty also trade its psychological level of 8,700. 

Now at the movement Sensex trading at 28300.28, higher by 80.17 points or 0.28 percent. Nifty is up 24.05 points or 0.28 percent at 8768.55. 

About 1471 shares have advanced, 545 shares declined, and 86 shares are unchanged. 

With the major shares the BSE midcap and BSE smallcap index shows the positive strength. BSE midcap index up 0.52 percent at 13688.84 and BSE smallcap index trading at 13352.48, higher by 0.47 percent. 

Nifty Gainers - BPCL 4.26%, GAIL 2.72%, Aurobindo Pharm 2.38%, Reliance 2.34%, Bosch 2.09%. 

Nifty Losers - HCL Tech 1.92%, Yes Bank 1.67%, Axis Bank 0.90%, Infosys 0.78%, UltraTechCement 0.76%.

Today's Stock Tips by Experts -

Ambuja Cements - Buy, Stoploss - 250 Rs, TGT - 270 RS

Canara Bank - Buy, Stoploss - 330 Rs, TGT - 347 RS

Tata Motors - Buy, Stoploss - 552 Rs, TGT - 574 RS

RBI cuts repo rate, The lowest repo rate since last 6 year

The Reserve Bank of India has cut repo rate by 25 basis points. Now The RBI will be cut repo rate of the loan, According to cuts the leading rate . The repo rate now stands at 6.25 percent( lowest repo rate since last 6 year ). It is the good news for the homeowners. Home loan EMIs could come down If the repo rate comes down. It depends on the Bank which has been quite reluctant to pass on the benefit to their customers. If your loan has been granted after since 1 April  so your loan will based on MCLR ( Marginal Cost of Funds based Lending Rate ). Meanwhile, benefit to you for cuts the repo rate. MCLR cuts benefit does not get immediately, whose consumer that take loan before since 4 oct 2016. 

The last rate cut came in April 2016 when the then Governor of RBI, Raghuram Rajan, cut the rate by 25% premise to 6.50%. The most recent cut has gone under the administration of the new Governor of the bank, Urjit Patel. In any case, he didn't singularly choose the cut similar to the case some time recently. For the time ever, a six-part board called the Monetary Policy Committee took the choice to make the cut. The RBI rate cut has gone ahead the onset of the festive season and investigators trust it will enhance customer assumption proceeding. Banks too have demonstrated that they will soon transmit rate cut to consumers.

     

Nifty struggles for 8,800 | Stock Tips for Wednesday

The Equity Market has opened at strong note but after one hour it go for negative direction. Nifty struggles below 8,800 and Sensex trying to reach 28,500. 

The International monetary fund has India's growth forecast from 7.4 percent to 7.6 percent for 2016 - 2017. 

Sensex trading at 28307.48, down 30.24 points or 0.11 percent. Sensex touched a high of  28,477.65 and touched a low of 28,231.96 in morning trade.

NSE Nifty opened at nearby 8,800 in the early morning but at the movement struggle for 8,800 and trading at 8754.80 with the marginal loss of 13.30 points or 0.15 percent. Nifty touched a high of  8,806.95 and touched a low of 8,733.95 in first one hour of the trade. 

NSE Gainers - Hindalco 2.33%, Asian Paints 2.04, Tata Motors (D) 1.56%, Bharti Infratel 1.41%, SBI 0.98%. 

NSE Losers - Bajaj Auto  1.24%, HCL Tech 1.16%, Cipla 1.11%, Axis Bank 1.00%, ONGC 0.99%. 

Trading Advice for Wednesday 

Vedanta - Buy with a stop loss at Rs 184 TGT Rs 201

Canara Bank - Buy with a stop loss at Rs 327 TGT Rs 351

Voltas - Buy with a stop loss at Rs 393 TGT Rs 424

Equity Market opens high | Trading Tips for Today

The Equity Market has opened strong note on Tuesday. But at the movement, the market seems in decreasing order. 

Sensex trading above 28,000 and Nifty trade above its psychological level of 8,700. Sensex surges 66.57 points or 0.24 percent at 28309.86. Sensex touched a high of 28,402.65 and touched a low of 28,295.82 in morning trade. 

Nifty trading at 8754.10, up 16.00 points or 0.18 percent. Nifty touched a high of 8,778.30 and touched a low of 8,748.45 in early trade. 

Bank Nifty down on Tuesday, dropped 0.29 percent at 19533.10. The Indian rupee starts with marginal gains at 66.55 per dollar on Tuesday versus 66.59 Monday. 

Sensex Gainers - ONGC 3.44%, GAIL 3.34%, Sun Pharma 1.39%, Tata Steel 1.24%, Reliance 1.21%.

Sensex Losers - Coal India 2.52%, Larsen 1.11%, Axis Bank 0.75%, Bharti Airtel 0.71%, SBI 0.39%.

Today's Trading Advice By Experts - 

Amara Raja - Buy, Stoploss - 1019 Rs, TGT - 1075 Rs

Torrent Pharma - Buy, Stoploss - 1635 Rs, TGT - 1720 Rs

Nava Bharat ven - Buy, Stoploss -  255 Rs, TGT - 271 Rs

Sensex gains over 250 pts | Nifty hit 8,700

On Monday, The Equity market has opened at the strong note. Good gains in morning trade with Sensex trading at 271.78 points or 0.98 percent. Sensex opened at 27,997.29, Touched a high of 28,217.63 and a low of 27,919.89 in morning trade. Nifty trading above its crucial support level of 8,700. Nifty rose 89.85 points or 1.12 percent at 8705.75. It touched a high of 8,727.30 and a low of 8,635.00 in early trade. About 1522 shares have advanced, 272 shares declined, and 49 shares are unchanged. 

Sensex Gainers - Maruti Suzuki, M&M, Hero Motocorp, Adani Ports, and Sun Pharma.

Sensex Losers - TCS, Infosys, ICICI Bank, and Wipro.

Trading Tips for Monday -

HCL - Buy, Stoploss - 780 Rs, TGT - 830 Rs

Marksans Pharma - Buy, Stoploss - 50 Rs, TGT - 57 Rs

Hind Petro - Buy ( for 3-4 days), Stoploss - 418 Rs, TGT - 455 Rs