Monday high- Sensex jumps 209 pts, Nifty hits 10,700 for first time

Sensex Nifty highKey indices moved on a higher note on Monday with Sensex & Nifty hitting all-new record peaks on the back of Q3 earnings hopes and positive global cues.

The BSE Sensex spiked 238.64 points at 34,831.03 while NSE Nifty added 67.75 at 10,749 in the late morning, for the first time ever. It is hoped all through this week, the stock markets are expected to be guided by the third-quarter earnings of major companies like HDFC Bank, ITC Ltd, Wipro Ltd, Kotak Mahindra Bank, Bharti Airtel and Yes Bank etc.

The stock of ICICI Bank extended the gains rising 3.29% to the day’s high of Rs 328.05 while HDFC shares rose 2% to the day’s high of Rs 1,796.7 after the company approved raising up to Rs 13,000 crore in its banking arm.

Shares of ICICI Bank, HDFC, Power Grid, Wipro, TCS, RIL, and SBI were the major gainers IN Sensex while Bharti Airtel and IndusInd Bank traded a little lower.

Infosys shares rose 1.26 percent to a fresh 52-week high of Rs 1092.05 after the company on Friday reported a rise of 38.22 percent in the net profit to Rs 5129 crore for the Oct –Dec quarter for the current fiscal.

Sensex rises record high in early trade, RCom shares spikes

Sensex Nifty up Key benchmark indices extended gains after markets opened even with Sensex picking on with a little up move. BSE Sensex gained 74.89 points to open at 34,085.50 while NSE Nifty started a little move by 6.10% at 10,537.60.

Shares of Reliance communication (RCom) kept gains after an enormous surge in the stock prices on Tuesday, when Anil Ambani announced the total debt of the company would be reduced by Rs 39,000 cr.

Shares of RIL, Yes Bank, Sun Pharma contributed the most to the Sensex gains. Sectorally, Nifty pharma and Nifty Realty leading the charge while Nifty banking sector shed up to 0.24%.
Shares of Yes Bank, Sun Pharma, ONGC, HUL, Dr Reddy’s, RIL, Tata Steel, Maruti Suzuki, and NTPC come out as the top gainers on Sensex while Wipro, ICICI Bank, Coal India and Asian Paints were losers.

Oil Company shares such as Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation fell nearly 1 percent each in early trade owing to a surge in crude prices globally, on Tuesday.

Weekly Review of Stock, for the week ended 22 December, 2017

share market weekly reports The Stock Market rallied in the week ended Friday, 22 Dec 2017, on the back of BJP winning effect in Gujarat and HP together with strong global markets, boosted the indices to register new life-high levels. The BSE Sensex and the Nifty 50 index closed at record highs.

The Sensex opened the week at 33,364 and made a peak of 33,964 & a low of 32,595 closing the week at 33, 940. Thus it closed with the weekly gain of 478 points on the other hand, the Nifty opened the week at 10,263 & made a peak of 10,501, reached the bottom of 10,074 and closed the week at 10,493. Thus the Nifty closed with the weekly gain of 160 points.

Key Stock movements during the Week: Moving on the key stocks, ICICI Bank spurted 4.27% at Rs 316.40. The bank’s subsidiary ICICI Securities has filed a DRHP with Sebi for an IPO of up to 6.44 cr equity shares.

HDFC Bank was up 0.23% at Rs 1,877.35 after banks said for raising of funds up to Rs 24,000 crore, while IndusInd Bank dropped 1.85% at Rs 1,648.85 on bank’s amalgamation of Bharat Financial Inclusion.

Wipro rose 3.9% at Rs 301.10 on its announcement of partnership with Headspin. Stocks of Bharti Airtel rose 2.33% at Rs 531.05 on its entering into a pact with Millicom Cellular, while Hero MotoCorp surged 7.72% at Rs 3,772.20.

Dr Reddy’s fell 1.64% at Rs 2,333.05. Coal India was down 1.86% at Rs 266.  The HDFC was down 0.84% at Rs 1,708.35 on its approval of raising funds by issuing equity shares of Rs 13000 crore.

5 Dec Tuesday Sensex, Nifty slip in early trade; RCom tanks 7%

sensex nifty downThe benchmark indices Sensex & Nifty opened moderately lower on Tuesday as most of the Asian shares slipped in the early morning led by the falls in I.T stocks.

At 10.48 am, the BSE Sensex shed 114.33 points to begin at 32,755.39 whereas NSE Nifty 50 started the day at 10,090.10, down by 37.65

Shares of Wipro Ltd, Adani Ports, Power Grid and NTPC were the top losers today followed Infosys and HDFC Bank which contributed the most to the Sensex fall, while the shares of Bharti Airtel, ICICI Bank, supported to reduce the losses.

Shares Reliance Communications (RCom) slipped 6.93 percent to hit the day’s low of Rs 10.74 while Reliance Naval dipped 4.22 percent to day’s low of Rs 34.

The Reserve Bank of India’s two-day monetary policy review starts today and the decision will be released by tomorrow. The RBI’s monetary policy committee is expected to keep the policy repo-rate unchanged in the upcoming monetary policy review owing to various factors.

23 Nov Sensex Nifty trade flat, Top Stocks Watch today and Trading news

stock market up Stock markets have opened the on Thursday on a flattish note against the previous day’s closing. At 10.40 am, the BSE Sensex is trading up by 18.70 points at 33,580.25 while the NSE Nifty is trading up by 9.75 points at 10,352.05. The stocks of Bharti Airtel, Lupin and Sun Pharma rose, while the stocks of Asian Paints and Dr. Reddy’s fell in the morning hours.

Stock watch out during trade on Thursday, based on recent & latest news developments:-
Coal stocks will be in focus as the Supreme Court on Wednesday refused to modify the Centre’s notification banning the use of furnace oil & pet coke in UP, Rajasthan and Haryana and asked the NTPC to approach the govt.

Thomas Cook India Ltd, the Tour operator company, has got board approval to divest a 5.42% stake in its subsidiary Quess Corp, which would bring down its shareholding to 51.56% and propose to raise over RS 600 crore through OFS route.

Tata Teleservices Limited has started shifting its customers to the network of Bharti Airtel Ltd under an intra-circle roaming agreement. The first set of customers being moved to Airtel’s network is from U.P (West), Bihar and West Bengal. 

Inter Globe Aviation: IndiGo, is keenly consider alternate plans to induct at least 50 wide-bodied planes for overseas flights.

FMCG major Godrej Consumer Products Ltd has trimmed prices of its various products in the range of 7 to 10 percent to pass on benefits of the recent GST rate reduction.