20 Sept Best Stock Market Trading Tips By Elite Investment Advisory

 

share market today

Key benchmark indices opened higher in early trade, Wednesday against the previous day’s closing. The Indian rupee made stronger marginally against the USD. The shares of M&M, Adani Ports and Reliance Industries rose, whereas the shares of Tata Motors and Bharti Airtel fell in the morning hours.

The US Fed Reserve’s 2-day policy meeting will conclude later today. The US central bank is supposed to announce details of its plan to start shrinking the USD 4.5 trillion balance sheet.

Tata Steel has inked MoU for a 50-50 European steel Joint Venture. Its stock rose 1 percent in the morning. Tata Sons has raised stakes in its group firms such as Tata Motors, Tata Chemicals, and TGBL,   buying shares worth over Rs 3,200 crore.

Shares of Infosys Ltd rose 0.11 percent at Rs 912.30 after the company announced that Infosys Finacle, a wholly-owned subsidiary of the company announced its partnership with Niki.AI commerce solutions.

The Initial Public Offering (IPO) of SBI Life Insurance Co. Ltd worth Rs 8,400 crore is set to hit the market today, with a price band of Rs 685-700 per share.

Monday Market View- Sensex Opens on a Strong Note, Stock Intraday trading tips

Indian stock markets have opened on Monday day in green note. At 10.35 am, the BSE Sensex is trading higher by 199 points at 32,461.58 and NSE Nifty is trading higher by 72 points at 10,157.60. Gains are mainly seen in capital goods stocks, auto stocks and energy stocks. The Indian rupee is trading at Rs 64.07 against the US dollar.

Share price of Bharat Petroleum Corpn (BPCL) opened the trading day on an cheering note up 1.2% after the company was reported that it is in discussions with the country’s largest natural gas transporter GAIL (India) to acquire the govt’s majority stake in it for Rs 180 to 200 billion.

Here is a list of some of the important stocks that are likely to be in focus today:

Steel Authority of India (SAIL) said the company has supplied 80% steel required for the construction of Sardar Sarovar Project, inaugurated by PM Narendra Modi.

Oil marketer Hindustan Petroleum (HPCL) has drawn up investment plans of Rs 7110.00 crore for business expansion in the current financial year. The company merges with ONGC, also planned capex of Rs 61,000 crore for capacity growth over the next five years.

ITC Ltd plans to open 40 new hotels, adding about 5,000 rooms over a period of time, as part of the strategy to make stronger its hospitality business.

Best Stocks of Vedanta, IDBI Bank, Bajaj Finance, SAIL will be in focus today

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Sensex, Nifty are likely to open higher on Friday as Asian shares slipped after North Korea shoot another missile over Japan into the Pacific Ocean today. The Indian rupee on was trading little changed against the US dollar in today’s opening trade.

These stocks will be in focus today:

Metals and mining company Vedanta Ltd has said the State Pollution Control Board Odisha, has directed it to temporarily close five units of its power plants which may have an impact on the cost of production of the aluminium.

IDBI Bank has said that the bank has sold 12.5 lakh equity shares in Clearing Corporation of India for an undisclosed amount.

Bajaj Finance Ltd has allocated 2.6 crore shares to qualified institutional buyers bringing back over Rs 5044 crore.

SAIL India has reported an 18% surged in sales during August over the corresponding month last year.

IPO Watch: ICICI Lombard General Insurance has raised Rs 1625 crore from anchor investors ahead of its IPO sale opening today. It would allot shares to 64 anchor investors at Rs 661 per share.

Best Stock Tips: Buzzing Stocks Trade Today, Top Investment Advisory Company

 

BSE Bonbay

Sensex, Nifty open higher on Wednesday morning hours, against the last session’s closing. The shares of RIL, TCS, Adani Port advanced, while L&T and HDFC shares fall.

Here are a few top stocks that are likely to be in focus today:
Tata Motors shares rises @1.3% to Rs. 392.25 after the company announced its global wholesales up 9% to 94,210 in August, y-o-y.

Jet Airways posted a standalone net profit of Rs 53.50 crore in the April – June quarter, compared to Rs 25.88 crore a year earlier. 

Tata Sons’ holding company Tata Chemicals is buying out Tata Global Beverages in Tata Chemicals for about Rs 1458.55 crore.

Daily stocks on focus the Cabinet Committee on Economic Affairs has approved a Dairy Processing & Infrastructure Dev. Fund with a cost of Rs 10,881 crore for 2017-18 to 2028-29 to heighten the dairy sector. 

ONGC shares are in focus as the Union Cabinet has approved a Rs 3,000 crore project to acquire seismic data for prospecting of oil and natural gas reserves. National oil companies, Oil & Natural Gas Corporation and Oil India Ltd will implement the project. 

At 10.35 AM, the BSE Sensex is trading at 32,231 up 72 points, while NSE Nifty is trading at 10,111 up 19 points. A total of 57 stocks clocked a fresh 52-week high in trade today, while 6 stocks crossed a new 52-week low on the NSE.

Sensex crosses 32,000 mark, A few top stocks that in focus today

share market up

Sensex crosses 32,000 mark; Top stocks in focus
Domestic equity markets open on a positive note on Tuesday, against the previous session’s closing with firm global cues. At 10.40 am BSE Sensex gains 130 points, to 32,012, while the Nifty50 rises 39 points, to 10,045. The Indian rupee opened slightly weak against the USD. The shares of Sun Pharma, Tata Steel and Asian Paints climbed, whereas the shares of ONGC and Coal India fell in the morning hours.

A few top stocks that in focus today:
Godrej Industries gained 3% after its arm Godrej Agrovet got Sebi’s go-ahead to raise an estimated Rs 1,000-1,200 crore through an initial public offering.

Stocks of Tata Steel hit an over Six-year high of Rs 692, up 4.7 percent on BSE today morning after Tata Steel UK announced that the British Steel Pension Scheme has been separated from the company. Tata Steel stock was trading at its highest level since January 2011.

IndiGo’s parent arm Inter-Globe Aviation has announced some of its promoter organisations will offload shares under an IPP (institutional placement) programme in which it is expected fresh issuance of shares.

Share holders of Religare Enterprises have approved a proposal to invest up to Rs 500.00 crore in its arm Religare Capital Markets for repaying debt for Mauritius business, and capital needs of India business. 

Tata Motors would invest Rs 1,500 crore across various segments of freight-haulers to secure its leadership credentials to help recover some of the lost market-share in the past couple of months. 

11 Sept Monday News- Stocks of Auto companies rise post GST council meet

auto share high

Shares of auto firms were trading higher in early trade, Monday, due to Indian car companies sounded relieved after the GST Council has raised the vehicle cess on Saturday, by less than the maximum possible, though luxury auto companies were more cautious in their assessment of the new rates. 

In the early hours today, the Nifty Auto index was trading 0.62% up at 10,846 while Tata Motors DVR was up 1.24%, Mahindra & Mahindra (M&M) was up 0.86% and Maruti Suzuki BSE 1.03 % rose 0.72%. 

The GST Council meet held on Saturday left untouched the rates on small cars and hybrid vehicles. But mid-sized cars attract a cess i.e, 2% points higher.

Meantime, M&M, Motor India Ltd, Toyota Kirloskar Audi India, Jaguar Land Rover and Mercedes-Benz are planning to pass on the increased cess to buyers, 

At 10.20 am, the BSE Sensex is trading at 31,846 up 158 points, while Nifty is trading at 9,983 up 48 points. A total of 55 stocks clocked a fresh 52-week high in trade today, while 11 stocks registered a new 52-week low on the NSE.

Stock Market weekly review 4-8 Sept, Top advisory company in India

stock market weekly reports

Sensex, Nifty posted modest losses in the week ended 8 Sept 2017, as rising geopolitical worries between the US & North Korea diminished sentiments. In the weekend, BSE Sensex closed higher by 25 points, or 0.07%, to 31,688, while the Nifty 50 edged up by 5 points, or 0.05%, to 9,935.

In the past week beginning from August 31, 2017 to September 07, 2017, market was volatile. Weak GDP data, geopolitical worries are some of the key factors that affected the movements of the Indian indices. Sensex ended 68 pts lower, while Nifty managed to close positively, up 12 pts from the last week.

Increasing foreign investors selling due to premium valuation, lackadaisical earnings season and geopolitical worries kept the dictations for the market. Concerns on the North Korea front persisted, however, the good part was inflows by DIIs (Domestic institutional investors) and vigor in the rupee, which offset the downside.

Lack of clarity on the impact of GST in corporate earnings of the companies added to cautiousness. However, for the coming week, the market would keenly watch for the development in global markets. The key data points to be on the lookout are IIP, CPI and WPI.

Stocks in focus today: HDFC, Bajaj Finance, HCL Technologies, ICICI Bank

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Markets are open lower on Wednesday tracking weaker Asian stocks. The rupee opened lower against the USD. The shares HUL, NTPC and Asian Paints rose, while HDFC Bank, Sun Pharma and Adani Ports fell in the morning hours. Shares of Just Dial gains 5 perpcent after HDFC Mutual Fund a 4.6 percent stake, in the company at Rs. 375.00 per share on Tuesday, as per data with NSE.

Some of the major stocks will be in public attention today:-

HDFC lender today raises Rs 2000 crore by issuing bonds on PP basis to expand its long-term capital.

Bajaj Finance has authorized the QIP of equity shares. It has set a floor price regarding the QIP at Rs 1,771.9 per equity share. Bajaj Finance’s shares hit a day’s high of Rs 1814 before closing down 0.64 percent at Rs 1,787.5 today.

Shares of ICICI Bank will be in focus since ICICI Lombard General Insurance has got Sebi’s go-ahead for its estimated Rs 6,000 crore IPO.

HCL Technologies has said that the company has agreed to buy UK-based ETL Factory, doing business as Datawave, for 7 million pounds, while Dixon Technologies’ pubic offer is scheduled to open today.

Best Stock Tips: The most active stocks in terms of value Today

stock market higher today

The Sensex and Nifty opened in the positive zone on Tuesday, regaining from the losses of the last session. The toppers in the Sensex pack included Reliance Industries, Asian Paint, Adani Ports, Tata Steel, ONGC, Axis Bank, Dr Reddy’s, Kotak Bank, Maruti, Tata Motors, and L&T, rising up to 1.25%.

Shares of Sun TV followed by Reliance Industries Infosys and YES Bank were trading as the most active stocks in terms of value on NSE in Tuesday’s trade. 

Investors turned to buying in bank, realty and auto stocks. 

Reliance Capital has moved ex-Home Finance business from Tuesday. The stock’s Future and Option contracts have expired on Monday. The stock settled at Rs. 687.40 share apiece at its opening bell on BSE and surged to touch intraday high of Rs. 740 share apiece, up by 7.96 percent within first few minutes’ trade. Reliance Capital share holders will get one free share of Reliance Home Finance as on Sept 6, 2017, for every share held in the company.

At 10 AM, the BSE Sensex is trading at 31,790 up 89 points, while NSE Nifty is trading at 9,940 up 27 points. A total of 58 stocks hit a fresh 52-week high in trade today, while 8 stocks touched a fresh 52-week low on the NSE.

04 Sept- Monday Sensex falls over 100 Pts, Apex Frozen lists with 15% premium

best stock tips

The Benchmark indices Sensex & Nifty are trading with weak sentiments showing a negative undertone, despite weak cues from other Asian markets. Following are some major stock in foucs, among many others.

Stocks of Cadila Healthcare Ltd rose 0.85 percent to Rs 512 in the morning hours on BSE after the company announced that it has obtained final approval from the US drug regulator to market a medicine.

SBI proposes to raise up to 3 billion dollar in the country’s biggest overseas green-bond issue for funding projects that will help achieve the govt’s commitments toward growth.
L&T has got approval for expansion of its Information Technology towers project in Mumbai that will bring about an investment of Rs 1102 crore.

Hindalco Industries Ltd set apart 3 billion dollar for overseas acquisitions. The funds will be used to acquire assets in the aluminium space with an aim on increasing focus on the downstream sector.

Metal Mining major Vedanta plans to invest around Rs 50,000 crore on business expansion in India in coming years.