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. 

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 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

Stock Market Closed with red note | Sensex fell over 350 pts

On Monday the end of the day, After a lot of volaitily The Equity market ended with the red note. The whole intraday market was on the negative note. Sensex opened at 28,630.92 in the morning, Ended with the losses of 373 points or 1.30 percent at 28294.28. Nifty opened at 8,807.90 in the morning but ended fell by 108.50 points or 1.23 percent at 8723.05. The broader market under pressure for whole day and closed lower with falling half a percent on weak breadth. About 1655 shares declining and 1035 declining shares on the Bombay Stock Exchange. Coal India, Reliance, Dr Reddy's Labs and TCS were top gainers while ONGC, Tata Motors, ICICI Bank, NTPC and GAIL were losers in the Sensex. 

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-slumps-374-pts-nifty-ends-below-8750-ongc-falls-4_7517501.html?utm_source=ref_article

Sensex gains over 400 pts | Nifty ended nearly 8,800

The Equity market gained for third consecutive session. Nifty ended at fresh 13 - month closing high on Tuesday. Nifty was hovering 8,800 an intraday trade. Sensex gained 440.35 points or 1.6 percent at 28343.01. Nifty was up 136..90  points or 1.59 percent at 8744.35. 

About 1214 shares advanced, 1472 shares declined, and 202 shares were unchanged. 

The broader market surged record to closing high, BSE midcap index rose 0.80 at 13168.39 and BSE smallcap index gained 1.02 percent at 12626.09. 

Bharti Airtel falls over 3  percent. Asian Paints, Bajaj Auto, Maruti Suzuki, GAIL, and HDFC Bank were the top gainers. While Bharti Airtel and BHEL were the major losers in the Sensex.

Sensex bounced above 100 pts | Nifty ended at 8600

On Monday equity market started off day on a negative note. But the Equity market bounced back in a late afternoon trade. After all day consolidation, Equity benchmarks gained strength  in last hour of trade. Nifty was hovering 8,600 an intraday trade.
Sensex gained 120.41 points or 0.43 percent at 27902.66. Nifty was up 34.90 points or 0.41 percent at 8607.5. About 1214 shares advanced, 1472 shares declined, and 202 shares were unchanged. 
The broader market positive with the BSE midcap index rose half a percent and BSE smallcaps index up 0.9 percent at 12498.81.
Tata Motors, Reliance, Hero MotoCorp, Adani Ports and ICICI Bank were major gainers. Wipro, Lupin, HDFC Bank, Bharti Airtel and Asian Paints were top losers in the Sensex.

Market opens marginally higher | GST bill approved by Rajya Sabha

Thursday market is volatile. It has opened on a strong note after GST bill approved by Rajya Sabha on Wednesday. That will help usher in the goods and services tax. It would benefit sectors such as Multiplexes, retail, light electricals, logistics, FMCG, auto and cement. Sensex gained  69.73 points or 0.25 percent at 27767. it touched a high of 27,921.91 and a low of 27,633.11 in early trade. Nifty was trading below its crucial level of 8,600. Nifty trading at 8562, up 19.05 or 0.22 percent. it touched a high of 8,601.40 and a low of 8,519.50 in morning trade. The broader markets outperformed benchmarks with the BSE midcap index up 0.65 percent at 12521.68 and BSE smallcap index was trading at 12161.58 and 0.67 percent higher. Nifty Bank down nearly 0.6 percent at 18590.40. The market breadth remained positive as about 35 shares advanced and 16 shares declining on the NSE. Tata Motors, Tata Steel, Sun Pharma, Bajaj, and Auto are the major gainers in the BSE Sensex. Lupin, Infosys, ICICI Bank, Reliance, ITC, and Hero Motocorp are the major Sensex losers.

Experts Stock Trading Tips - 

Bajaj Corp - Buy, Stoploss - 383 Rs, Target - 398 Rs

Gati - Buy, Stoploss - 173 Rs, Target - 185 Rs

Adani Enterpris - Sell, Stoploss - 78 Rs, Target - 72 Rs

     

Stock in the news | Experts Tips

The market has opened flat on Friday. Equity benchmarks continue to consolidate for the fifth consecutive session today. Sensex down 24.92 points or 0.9 percent at 27,685.60. Nifty declined 7.80 points or 0.9 percent at 8502.30. 

The market breadth positive as about 1013 shares advanced and 782 shares declining on Bombay Stock Exchange. 

The broader market outperforms benchmarks with BSE midcap and smallcap indices rising  0.3 percent each. 

Bank Nifty declined 0.3 percent and reached 18,605 level. While IT, Metal, and Pharma sector showing negative on the sectoral basis. Media sector up 0.9 percent, FMCG, and Auto sector rising 0.3 percent.

Biocon, Bharat Financial, Tata Metaliks, Wockhardt, ITC, Ashok Leyland and Boadal Chemical were most active shares on Exchange. 

Meanwhile Power Grid, Tata Power, and GAIL Bounces 1.7 - 1 percent. while Hindalco, SBI, and Bank of Baroda slipped 2.2 - 1.4 percent. 

The Indian rupee opened flat at 67.18 per dollar on Friday versus the previous close of 67.17 on Thursday.

Today's Experts Advice - 

Cairan India - Buy, Stoploss - 174 Rs, Target - 184 Rs

M&M - Buy, Stoploss - 1425 Rs, Target - 1465 Rs

Ashok Layland - Buy, Stoploss - 95 Rs, Target - 100 Rs

Thursday closing updates,Nifty slipped below 8550

Thursday end of the day equity benchmarks extended losses in late trade. Sensex closed 205 points or 0.74 percent at 27,710. Nifty slipped below 8,550 to end the day at 8,510, 56 points or 0.6 percent. 

The broader market slipped in line with the benchmarks indices with the  BSE midcap and smallcap indices were down over 0.1 percent. 

On the sectoral front, BSE Telecom indices were the top sectoral gainer.

Ambuja Cement and ACC capped the decline in the NSE benchmark. ACC closed higher by 4.68 percent. Ambuja Cement gained 1.69 percent. 

ACC ( up 4.68 percent), UltraTechCement ( up 2.21 percent), IndusInd Bank ( up 1.62 percent) were the top gainer in the Sensex. 

Axis Bank ( down 3.62 percent), Power Grid Corp ( down 3.47 percent), Bank of Baroda ( down 3.36 percent) were the loser in the Sensex.

Stock market closing update | Niftry closed above 8500

Today the market closed in red note but Nifty remained 8500. Sensex was rose 7.04 points or 0.3 percent at 27815.18.  Nifty was fell 1.55 points at 8519.50. The market breadth as about 1734 shares declined, 1011 shares have advanced and 165 shares are unchanged. 

The broader market underperformed with the BSE midcap down 0.5 percent at 12050. BSE smallcap index slipped over 0.8 percent at 11981.3. 

Coal India, ONGC, GAIL, BHEL and Tata Steel were top gainer while L&T, Lupin, Maruti, Axis Bank and Asian Paints were the loser in the Sensex. 

In The sectoral basis, Technology, oil and metals stocks gained while private banking and financials, pharma and auto stocks were under pressure.

ITI shares rallied 16 percent after the cabinet has approved the sale of the company.