11 Jan Sensex, Nifty trading flat, O&G, capital goods down

Sensex Nifty flat note India’s share markets began on a cautious note on Thursday as investors were eagerly waiting for the Q3 earnings of TCS and IndusInd Bank. 

The BSE index Sensex was down 23 points at 34,409 levels and the NSE index Nifty was down 13 points at 10,618 levels in the later morning hours.

Oil and gas index fell 0.2%, followed by capital goods 0.14%, banking 0.11% and PSU 0.08%, while the realty stocks gained the most by 1.25%, consumer durables 0.32%, IT 0.3 percent.

Top Sensex gainers were includes Kotak Bank, Bharti Airtel, Infosys Ltd, Tata Motors and ONGC. On the other hand the major losers were Axis Bank, Wipro, Coal India, ICICI Bank and YES Bank.

Stocks of Maruti Suzuki India spiked 0.16 percent at Rs 9,398.85 after the company announced a price in its variants owing to increase in commodity and allied costs.

January 02, 2018, Stocks in the news for Tuesday, Eicher, Idea Cellular, JMFL

Bombay Stock Exchange The following companies ‘stocks will be in focus during trade today based on latest stock in news and developments:
Eicher: Eicher Motors Limited’s stock will be in focus today as Royal Enfield’s December sales up 17 percent at 66968 units against 57398 units. Total exports up 48 percent at 1,601 units against 1082 units, year-0n-year.

Thermax:: Thermax Limited bags Rs. 327 crore order from a public-sector company based in Western India for a Boiler Turbine Generator package on EPC basis.

IdeaCellular:: Idea Cellular Limited is set to consider a fund raising proposal on Thursday, January 4, 2018

JMFL:: JM Financial Limited seeks shareholder’s approval to raise Rs. 650 crore.

Prestige Estates:: Prestige Estates Projects Limited to buy Capitaland’s stake in different companies for Rs.342.00 crore.
GAIL: GAIL India Limited commissions India’s second largest roof-top solar PV at Patna, (UP).

Investment Advisory, Stock Indices open flat, PSU banks rise, IT companies slip

happy new year Sensex, Nifty started the New Year 2018 on a subdued note, opening flat due to lack of major triggers in the morning session. The BSE Sensex was trading at 34,085, up 28.59 points, while the Nifty 50 was ruling at 10,534.55, up 3.85 points in later morning hours. The BSE Midcap & Small-cap indices were up 0.4% and 0.5%, respectively.

Shares of I.T companies pressured to profit booking, as the Nifty IT index slipped 0.5 percent in early trade, led by near 1 percent losses in Tech Mahindra, TCS and Wipro stocks.

Shares of IndiaBulls Housing Finance rose 3%, SBI rose 0.79%, Indian Oil Corporation rose 0.78%), BPCL rose 0.73% and Airtel gained 0.63% as the top gainers on Nifty50, whereas shares of Infratel, Wipro, TCS, Hindalco and Bajaj Auto were the top losers in today’s trade.

The Nifty PSU Bank index rose 0.4 percent, led by shares of Bank of India, which spiked 4% on Rs22.6-billion capital infusion, while Shares of automobile companies were mostly mixed as the auto sector companies unveil their sales figures of December month, later today.

Sensex, Nifty record highs, RCom shares gain, Investment Advice in Intraday

stock market investment Key indices opened little higher on Friday with Sensex and Nifty nearing their respective all time highs. The BSE Sensex gained 170.69 points to open at 34,018.72 and the NSE Nifty added 45.25 points to open at 10,523.15 in the later morning hours.

Shares of Tata Steel, Power Grid, Larsen & Toubro, Adani Ports, SBI, Sun Pharma, NTPC, Axis Bank were the major gainers, while shares of Wipro, ICICI Bank, and M&M lost up to 0.2% on Friday.

Shares Reliance Communication (RCom) jumped 21% as the company reportedly plans to sell its

wireless infrastructure assets, spectrum, tower etc’to Reliance Jio Infocomm. The stock of RCom has more than tripled in the last one week.

The NSE Nifty Metal Index rose 0.6 percent, tracking higher global commodity prices. All the sectoral indices of NSE were trading in green with Nifty PSU Bank, Nifty Pharma, Nifty FMCG, Nifty Auto leading the charge.

The Indian rupee was trading a bit higher against US at 64.03 per dollar, up 0.08 percent from its Thursday’s close of 64.08.

Top Ten Stock Trading Tips, SEBI Registered Investment Advisory Company

SEBI Registered stock advisory company Share markets opened little higher on its opening Thursday with Sensex & Nifty beginning in the green ahead of the expiry of Future & Option contracts today. BSE Sensex traded higher by 0.05 points to 33,911.86, while the NSE Nifty-50 rose 7.05 points to 10,497.80 in the later morning hours.

Shares of State bank of India, Sun Pharma, Tata Steel, Dr Reddy’s, Coal India, HDFC, HDFC Bank and Hindustan Unilever gained up to 1 percent while Yes Bank, Axis Bank, Hero MotoCorp, TCS, Bajaj Auto and Kotak Mahindra Bank lost up to 0.75%. The stock of RCom rose 19.86% to the day’s peak of Rs 34.4 on NSE while it rose 15.65% to the day’s high of Rs 33.24 on BSE.

Metal stock rise on NSE, the Nifty Metal Index rose 1 percent in early trade tracking higher global commodity prices. Global copper prices rose overnight to their maximum levels in 3 years following strong import numbers from China. Shares of Hindustan Copper Limited rose over 5 percent.

Banking stocks trading lower led by Axis Bank, which was fell 1 percent after market regulator SEBI directed the Bank to conduct an inquiry into leakage of its April -June earnings.