Sensex rises over 100 pts, Nifty consistent at 8150; Cement stocks up

The Equity market extended gains in morning trade on Wednesday. Nifty manage the previous level of 8,100 and Sensex trading above at 26,500. The broader market still outperforms benchmarks Today. Sensex trading at 26,515, gains 126 points or 0.48 percent. Nifty rose 45 points or 0.54 percent at 8186.10. About three shares advanced for every share declining on the exchange. BSE midcap index up 0.65 percent to 12,447, whereas BSE smallcap index up over 1 percent to 12303.50. The Indian rupee opened marginally lower at 68.67 per dollar versus 68.65 Tuesday.

ICICI Bank, Larsen, Adani Ports, TCS, and Maruti Suzuki are among the top gainers. Idea Cellular, Hindalco, Reliance, Tata Steel, and GAIL are the losers in the Sensex. 

Today's Experts Advice

Bank of Baroda - Sell, SL -  162.56 TGT - 156.32 - 153.21 - 150.13 - 147.08

Adani ports - Buy, SL -  280.56, TGT - 272.38 - 268.27 - 264.19 - 260.14

 For more tips click here 

Today's Experts Recommendation; Nifty eyes 8200, Sensex gains 200 pts

On Tuesday, The equity benchmark has started with the strong note. Today market seems to buy mode. Nifty holding 8,100 level, led by gains in Banking sector & Financial, Auto, Infra, and Metal stocks. Sensex maintained its 26,500 level with led by gains in RIL, SBI, Sun Pharma, Tata Steel, and L&T. Sensex is trading at 26565, higher 209 points or 0.77 percent, while NSE Nifty is trading at 8,190 up by 63 points or 0.78 percent. Sensex touched a high of 26,577.45 and a low of 26,357.56 in morning trade. Whereas Nifty touched a high of 8,196.40 and a low of 8,128.70 in the first 30-minute trade. BSE midcap index up 0.86 percent at 12407.13. BSE smallcap index up 1.15 percent at 12246.40. The Indian rupee opened higher by 3 paise at 68.73 per dollar versus previous close 68.76.

M&M, HDFC, Maruti Suzuki, GAIL, and Hero Motocorp are among the gainers, whereas Sun Pharma, Lupin, HUL, NTPC, and Cipla are the losers in the Sensex. 

Experts Recommendation - 

ICICI Bank - Buy @260.01  Stoploss  256   Targets  263.93 - 268 - 272.11 - 276.25

Bharti Airtel - Buy @ 324 Stoploss 319.51 Targets 328.35 - 332.89 - 337.47 - 342.07

HPCL - Buy @478.51 Stoploss 473.06 Targets 483.75 - 489.27 - 494.81 - 500.39

Nifty hovers around 8100, Sensex rangebound; banks fall on RBI move

The Equity market has opened red note in early trade on Monday but after some time it turns rangebound and come on the positive note. Nifty hovering around 8,100 level, Sensex still below 26,500. Now Sensex up 43 points or  0.16 percent at 26357, while Nifty trading at 8122, mere higher 5.95 or 0.07 percent. Banking sector slip in morning trade after RBI hikes CRR on incremental deposits. The central bank expectation to curtail surging banking system liquidity that risks stocking inflation. The BSE midcap index up 0.78 percent at 12278.03, whereas BSE smallcap index higher near 1 percent at 12143. Banking stocks down 0.76 percent at 18336.10. 

Bharti Airtel, Hero Motocorp, Cipla, BHEL, and Bajaj Auto are the among the gainer. whereas ICICI Bank, SBI, Wipro, Lupin, and TCS are the losers in the Sensex. 

Bharti Infratel - Sell, SL - 360 Rs, TGT - 351/348 Rs

PFC - Buy SL - 129.50 Rs, TGT - 136/139 Rs

NTPC - Buy, SL - 158 Rs, TGT - 165/168 Rs

Sensex in red, Nifty struggles below 8000

On Thursday the equity market starts with the flat note. BSE Sensex dropped over 100 points and trade below 26,000 in morning trade, Nifty trading below 8,000. Sensex trading at 25955, lower by 95 points or 0.36 percent, led by losses Tata Motors, NTPC, ICICI Bank, Sun Pharma, and Cipla. Nifty down mere 36 points or 0.46 percent to 7996. led by losses Zee Entertain, Eicher Motors, Tata Motors, Tata Motors (D), and NTPC. Sensex opened at 26,049.14, Touched a high of 26,049.14 and touched a low of 25,880.78 in morning trade. Nifty opened at 8,011.80, Touched a high of 8,013.65 and touched a low of 7,973.95  in early trade. BSE midcap index down 0.28 percent to 12008.18, whereas BSE smallcap index up 0.09 percent to 11876.32. After hitting a 9-month low, the rupee has crossed record closing low of 68.80 per dollar.

BSE Gainers - Asian Paints 1.56%, Infosys 0.92%, Bajaj Auto 0.82%, TCS 0.81%, SBI 0.68%.

BSE Losers - Tata Motors 2.80%, NTPC 2.03%, ICICI Bank 1.58%, Reliance 1.10%, Adani Ports 0.91%.

Sell Bajaj Finance Ltd BAJFINANCE at 833.50 for the target of 823.00 with stop loss of 846.00 

Buy Shriram Transport Finance Company Ltd SRTRANSFIN at 860.00 for the target of 870.00 with stop loss of 850.00 

Buy ACC Ltd ACC at 1,315.00 for the target of 1,323.00 with stop loss of 1,312.00 

Sensex erases early gains ; Nifty still below 8,000

The Equity market has opened on a strong note. Sensex surged more than 200 points in morning trade, after crossing the psychological 26,000 market, the S&P BSE Sensex is trading at 25,872 up 105 points, while NSE Nifty is trading at 7970.35 up 41 points. About 1109 shares have advanced, 704 shares declined, and 77 shares are unchanged. Sensex touched a high of 26,039.70 and touched a low of 25,816.53 in morning trade. Nifty touched a high of 8,018.45 and touched a low of 7,946.35 in morning trade. BSE midcap index trading 11788.28, higher by 0.46 percent, whereas BSE smallcap indices up 0.23 percent at 11520.56. The Indian rupee opened marginally higher r at 68.13 per dollar versus previous close 68.16.

Adani Ports, Maruti Suzuki, Cipla, Tata Steel, and HUL are among the gainers, whereas BHEL, Larsen, NTPC, GAIL, Dr Reddys Labs are losing sheen on Nifty 50. 

L&T Finance - Sell, SL- 86 Rs, TGT - 74 Rs

Just Dial - Sell, SL - 400 Rs, TGT - 367 Rs

NCC - Sell, SL- 77.50 Rs, TGT - 71 Rs 

Sensex cracks 300 pts ; Nifty below 8000

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Equity benchmarks extended losses an early morning . The Sensex pared gains after rallying as much as 300 points in morning trade on Monday, weighed by SBI, M&M, Tata Motors, HDFC, and Dr Reddys Labs. Nifty reclimbed 8,100 marks but immediately  turned volatile. Now Sensex trading at 25831.96, lower by 321 points or 1.23 percent. Nifty is down 116 points or 1.45 percent at 7957. Sensex opened at 26,246.70, Touched a high of  26,270.28 and low of 25,810.94 in morning trade. Nifty opened at 8,102.10, Touched a high of  8,102.45 and a low of 7,949.80 in early trade. The Indian rupee has opened flat at 68.10 per dollar.
NSE Gainers - Bharti Infratel 2.17%, HCL Tech 1.09%, Wipro 0.61%, TCS 0.28%, Infosys 0.27%.
NSE Losers - Bank of Baroda 5.88%, Eicher Motors 4.51%, SBI 3.81%, Yes Bank 3.67%, Grasim 3.49Z%.

Sun Pharma - Buy, SL - 678 Rs, TGT - 720 Rs
SBI - Sell, SL - 280 Rs, TGT - 265 Rs
L&T - Sell, SL - 1400 Rs, TGT - 1320 Rs

Nifty nears 6-month low; ends below 8,100

On Friday, The end of the day equity market closed on the negative note. The whole day it was volatile on the benchmarks and Finally, Market ended with losses. Nifty fell to hold 8,100 and closed at near 8,000. The BSE Sensex ended at 6-month closing down on Friday as investors continued to avoid taking fresh positions. Sensex closed down 77 points, or 0.30%, at 26,150.24. Sensex opened at 26,270, touched a high of 26,349.02 and touched a low of 26,106.78 an intraday trade. The NSE Nifty closed with a loss of mere six points at 8,074. The NSE Nifty opened at 8,097, hitting  a high of 8,128.95 and touched a low of 8,048.30 an intraday trade. 

NTPC, Sun Pharma, Bharti Airtel, Hero Motocorp, and M&M were the top gainers, whereas Tata Steel, ITC, GAIL, HDFC Bank, Adani Ports were thre losers in the Sensex. 

Sensex turns rangebound ; NTPC, Sun Pharma up 2-3%

The market has opened flat on Friday, with the Nifty struggling below 8,100 level and Sensex manage around 26,000. Presently, the market is volatile and fluctuated between gains and losses as an extended decline in consumer durables and select auto stocks countered a rally in energy producers. 

BSE Sensex up merely 36.18 points or 0.14 percent at 26265. whereas Nifty up 16.20 points or 0.20 percent at 8096.10. The market breadth remained negative as about 1109 shares declined against 786 advancing shares on the BSE. 

The BSE Midcap index trading at 12070.63, higher 0.59 percent. whereas BSE smallcap index trading lower by 0.02 percent to 11837.06. 

The Indian rupee opened lower by 18 paise at 68 per dollar against Friday's close as against the previous close of 67.81 per dollar. 

NTPC, Sun Pharma, ONGC, M&M, and Hero Motocorp are among the gainers, whereas GAIL, HUL, Tata Motors, TCS, and ITC are the losers in the Sensex. 

Trading Suggestion :-

Tata Motors BUY SL 468.40 Rs TGT 490 Rs

PFC BUY SL 119 Rs TGT 130 RS

HUL BUY SL 800 Rs TGT 833 Rs

Equity market sluggish ; Tata Motors, Axis Bank up

On Thursday The Equity market once again opened on the flat note. Sensex up mere 25.54 points or 0.03 percent at 26325.91. Nifty holding 8100 level and trading at 8116, marginal up 2.10 points or 0.06 percent. The market breadth marginally weak as About 1052 shares have advanced against 557 declining shares, and 76 shares are unchanged. BSE midcap index is trading down 0.03 percent at 12040.65, whereas BSE smallcap index is trading down 0.29 percent at 11873.52. The Indian rupee opened higher by 5 paise at 67.89 per dollar against 67.94  previous close.

Tata Motors, Axis Bank, Cipla, GAIL, and ONGC are among the gainers, whereas Hero Motocorp, Bajaj Auto, Wipro, Asian Paints, and Coal India are the losers in the Sensex. 

Cadila - Buy, SL - 360 Rs, TGT - 385/390 Rs

UPL - Buy, SL - 580 Rs, TGT - 635 Rs

Infosys - Buy, SL - 910 Rs, TGT, 1020 Rs

Sensex rallies over 150 points; Nifty holds 8100, pharma, consumer durables down

The Domestic Market recovered after closing low on Tuesday, tracking positive global cues and lower inflation data released yesterday. The market has opened super strong in morning trade but after some time it's erasing gains, the market has become completely flat. 

Nifty holding 8100, up 39.10 or 0.48 percent and Sensex is up 180 points or 0.70 percent at 26490. 

About 832 shares have advanced, 1115 shares declined, and 88 shares are unchanged. 

The Indian rupee opened marginally higher at 67.68, up 6 paise per dollar against previous close 67.74. 

The BSE Midcap Index is trading up 1.15% at 12,115.07, whereas BSE Smallcap Index is trading up 0.54% at 11,966.

Asian Paints, TCS, Maruti Suzuki, Infosys, and Bharti Airtel are the gainers whereas Lupin, Dr Reddys Labs, Tata Steel, ITC, and Axis Bank are the losers in the Sensex. 

Some buying activity is seen in realty, IT, auto, banking, energy, and oil & gas sectors, while pharma, consumer durables, capital goods and industrial sectors are showing weakness on NSE. 

Buy Buy Buy Buy Buy Buy........

Bank of Baroda, Hindalco, HDFC, Reliance...

Sensex slips over 350 pts ; Auto, realty down

Today, The Equity market has dropped in opening dragged by index heavyweights. The market fell for a second straight session as automakers, consumer discretionary and real estate companies continued to extend their losses on the awaited slowdown in spending as a result of the countrywide cash crunch. The Market still slipping away Sensex down 350 points or 1.30 percent at 26463. The Nifty slipped 130 points or 1.58 percent at 8165.  About 295 shares have advanced, 1734 shares declined, and 73 shares are unchanged. The BSE Mid-cap Index is trading down 3.72% at 12,000, whereas BSE Small-cap Index is trading down 4.69% at 11,899. 

Wipro, Dr Reddys Labs, SBI, TCS, and Infosys are among the gainers, whereas Tata Motors, Asian Paints, Tata Steel, Maruti Suzuki, and Adani Ports are losing seen in BSE.  

India Cements - Sell, SL -136 Rs, TGT - 123

Sensex down over 400 pts | Nifty hovers around 8400

The Market has opened lower levels on Friday. After the Equity benchmarks closing positive on Yesterday, Market slumps on Today. Domestic equity benchmarks Sensex and Nifty plunged over a percentage point in early trade on Friday. Nifty reeling under pressure, trade below 8,500. Sensex down around 400 points or 1.45 percent at 27120. Nifty trading at 134.40, lower by 1.58 percent at 8390. About 362 shares have advanced against 1560 declining shares, and 72 shares are unchanged. The broader market seems outperformed on benchmarks, BSE midcap index down 2.58 percent at 12597. while BSE smallcap index declined 2.12 percent at 12652.31. 

NSE Gainers - Sun Pharma 5.25%, Bank of Baroda 1.09%, Hindalco 0.85%, BHEL 0.36%, SBI 0.30%.

NSE Losers - Bharti Infratel 5.54%, UltraTechCement 4.95%, HCL Tech 4.02%, Hero Motocorp 3.67%, Cements 3.66%.

Maruti Suzuki - Sell, Stoploss - 5420 Rs, Target - 5220 Rs

Tata Power - Buy, Stoploss - 72 Rs, Target - 76 Rs

Hindalco - Buy, Stoploss - 169 Rs, Target - 186 Rs

Sensex up 450 pts | Bank Nifty hits 20,000

The Equity benchmarks opened higher fueled by global market momentum. Nifty Bank hit 20000 for the first time since September, up 2.5 percent. Nifty reclimbed its crucial support level of 8,500. The market continued to rally in morning trade with  the Sensex is up 428 points or 1.57 percent to 27678 led by Banks, Infra, Metals, and Pharma Stocks. Nifty gained 144 points or 1.72 percent to 8581. Nifty trading at 8585, higher by 156 points or 1.85 percent while the broader markets outperformed. BSE midcap index rising over 2 percent and reached at 13014. BSE smallcap index also up 2.77 percent at 13055. Bank Nifty still above 20232, higher 3.66 percent . 

Sun Pharma - Buy, Stoploss - 650 Rs, Target - 680 Rs

SBI - Buy, Stoploss - 255 Rs, Target - 270 Rs

Kotak Bank - Buy, Stoploss - 804 Rs, Target - 840/850

Sensex recovers 1300 pts post-Trump win & black money curb

The Equity  market staged a very good comeback in late trade after an intraday swing of around 1500 points.  Nifty staged a smart recovery from its crucial support level of 8,000 on Wednesday amid the victory of Donald Trump in US presidential elections and the government's move to curb the black money. Both the Nifty and Sensex broke below their crucial support levels after Donald Trump was elected the 45th President of the United States. Sensex closed at 27252.53, lower by 338.61 or 1.23 percent and Nifty was down 111.55 points or 1.31 percent at 8432.00. About 635 shares have advanced, 2131 shares declined, and 96 shares were unchanged. 

Dr Reddy's Labs, Sun Pharma, SBI, GAIL, and Lupin were top gainers while TCS, Maruti, Hero MotoCorp, BHEL and Adani Ports were major losers in the Sensex. 

Sensex cracks 900 pts | Nifty below 8,300

The Indian government's decision to withdraw Rs 500 and Rs 1000 notes  in an attempt to curb black money is hitting the market. The market is going to seesaw to the trend emerging from the US vote count while the Modi Govt takes action against black money. Today Sensex, Nifty showed lower by 6-6 percent in morning trade. Now Sensex down 954 points or 3.46 percent at 26624.90 and Nifty losses 316 points or 3.69 percent at 8232.30. Nifty realty index down nearly 17 percent, DLF and HDIL were down 22-25 percent. S&P BSE Midcap index down 5.30 percent at 12273.96. while BSE smallcap index also declined 6.22 percent at 12240. 

NSE Gainers - Tata Motors 6.69%, Tata Motors (D) 5.40%, GAIL 2.99%, BHEL 2.98%, Tech Mahindra 2.09%. 

NSE Losers - Sun Pharma 2.98%, Cipla 1.91%, Aurobindo Pharm 1.52%, Tata Power 1.26%, Adani Ports 1.24%.

Tata chemical - Sell, SL - 519 Rs, TGT - 495 Rs 

OBC ( future ) - Sell, SL -118 Rs, TGT - 112 Rs 

Sensex gained 132 pts | Nifty hits 8,500

Equity benchmarks were rangebound before gaining strength in last hour of trade. The Sensex was up 132.15 points or 0.5 percent at 27591.14. Nifty success to managed its crucial level of 8,500 level Today.  Nifty ended with a gain of 46.50 points or 0.5 percent at 8543.55  after hitting an intraday high of 8559.40. About 1376 shares advanced against 1508 declining shares and 124 shares were unchanged. Sensex touched an intraday high of 27,646.84 and touched an intraday low of 27,406.76. BSE midcap index was up 0.36 percent at 12961.42. while BSE smallcap index was gained 0.16 percent to 13051.76. Bank Nifty rose by 0.75 percent to 19500.80. 

Tata Motors, GAIL, BHEL, Asian Paints, and ICICI Bank were the top gainers. while Sun Pharma, Cipla, Maruti Suzuki, Adani Ports, and NTPC were the major losers in the Sensex. 

Equity market volatile | Nifty reclaims 8,500

The Equity benchmark has started on the positive note in morning trade, with the major shares, smallcap and midcap shares also seems in good strength. Auto share is most active stock today on the market. for the rest IT, Metal Pharma shares also seem in the negative note. while FMCG shows the selling under pressure. Sensex up 27 points or 0.11 percent at 27490. Nifty trading at 8508, gains 10.95 points or 0.10 percent. Nifty fell to manage it's 8500 level. The broader market also volatile. BSE midcap index down 0.33 percent at 12872.52. while BSE smallcap index up 0.02 percent at 13032.74. 

Tata Motors, BHEL, ICICI Bank, Bajaj Auto, and Dr Reddys Labs are the major gainers today. while Sun Pharma, ITC, Maruti Suzuki, Cipla, and Adani Ports are the top losers in the Sensex. 

Tuesday Trading Advice - 

ICICI Bank - Buy, SL - 272.95 Rs, TGT - 284 Rs

L&T Finance - Buy, SL - 99 Rs, TGT - 112 Rs

ITC - Buy, SL - 253.20 Rs, TGT - 262.50 Rs

Sensex hold early gains | Nifty reclaims 8,500

The Equity market has opened with strong gains supported by firm global cues and continued to hold early gains with the Nifty trading above 8500 level, lead by short covering and positive Asian cues. Sensex trading at 27524, higher by 250 points or 0.92 percent. It touched a high of 27,591.15 and touched a low of 27,456.41 in morning trade. Nifty trading at 8523, up 88.65 points or 1.05 percent. It touched a high of 8,535.85 and touched a low of 8,493.65 in early trade. S&P BSE Midcap index up 1.56 percent at 13040.05. while BSE Smallcap index up 1.70 percent at 13095.  

NSE Gainers - Lupin 6.09%, Bank of Baroda 4.07%, Aurobindo Pharm 3.83%, BHEL 3.82, BPCL 3.50%.

NSE Losers - Bharti Infratel 1.87%, HUL 1.06%, TCS 0.67%, Wipro 0.42%, HDFC 0.40%. 

Today's Trading Advice -

Infosys - Buy, SL - 965 Rs, TGT - 983 Rs

M&M - Buy, SL - 1360 Rs, TGT - 1410 Rs

Hero MotoCorp - Sell, SL - 3350 Rs, TGT - 3190 Rs

Nifty sliped around 8400 | BSE midcap down over a percent

The Equity market has ended in the bearish note for a fifth consecutive session. Nifty slipped below its crucial support level at 8,450 on Friday and was trading near its support at 8,400, a level last seen in July. Sensex was down 156.13 points or 0.6 percent at 27274.15. Nifty declined 51.20 points or 0.6 percent at 8433.75  weighed by healthcare, infra, and HDFC Group stocks. About 698 shares have advanced, 2205 shares declined, and 119 shares are unchanged. The broader markets continued to underperform benchmarks with the BSE Midcap index declined 1.34 percent at 12839.53. BSE Smallcap index was down 2.20 percent at 12877.48. 

ITC, M&M, HUL, Wipro, and ONGC were the major gainers. while Sun Pharma, Dr Reddys Labs, Lupin, Coal India, and Hero Motocorp were the top losers in the Sensex. 

Sensex, Nifty starts on flat note | Sun Pharma down 6 percent

The Equity market has opened in green reacting driven by  gains in FMCG, majorly in ITC but Now The Market continued to fall amid consolidation. FMCG shares up after GST panel fixed rates yesterday While Pharma shares are under pressure. Sensex trading at 27392.51, lower by 37.77 points or 0.14 percent. Nifty still below 8,500 and trading at 8462, down 22.80 points or 0.27 percent. The GST council has decided a four tire GST tax structure of 5,12,18, and 28 percent. some financiers anticipate that the GST will come into force by September 2017,  few trust it will be upheld as ahead of schedule as for April 2017.

NSE Gainers - ITC 4.14%, HUL 2.07, M&M 0.92%, NTPC 0.88%, Infosys 0.84%.

NSE Losers -  Sun Pharma 6.86%, Dr Reddys Labs 4.95%, Lupin 4.75%, Bharti Infratel 4.21%, Hindalco 4.18%.

Trading Advice for Today - 

ACC - Buy, SL - 1484 Rs, TGT - 1548 Rs

Bajaj Auto - Buy, SL - 2800, TGT - 2885 Rs