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.

Sensex & Nifty open weak ahead of RBI policy; rupee falls against USD

stock market down Stock Tips – Sensex, Nifty opened lower on Wednesday before the outcome RBI’s bi-monthly policy meeting due later today. At 11 am, BSE Sensex lost 68.78 points to 32,735.66 while NSE Nifty dropped 29.30 points at 10,088.95. The Indian rupee falls 6 paise to 64.44 against the U.S dollar at the interbank FX market ahead of the result of RBI’s monetary policy.

Shares of Reliance Industries cut the losses of key indices whereas, HDFC Bank, State Bank of India, ICICI Bank, ITC, HDFC dragged.

Shares of Infosys Ltd, Coal India Ltd, Kotak Mahindra Bank and Sun Pharma were the only major gainers on Sensex after Reliance, rose up to 0.6 percent while SBI, Tata Steel, Hero MotoCorp, Bajaj Auto and ITC traded in red.

In Nifty-50 pack, shares of Tech Mahindra, Reliance Industries, Infosys, Kotak Mahindra Bank and Zee Entertainment were the top gainers, while Hindalco Vedanta, Tata Steel, Bajaj Auto and Eicher were the top losers in today’s trade.

Market Morning Update: Stocks to watch out for on November 21

stock market high Morning Update- Sensex and Nifty opened marginally higher on Tuesday following an upsurge in the US markets. At 10.25 a.m., the BSE index Sensex was trading up 129 points at 33,488 levels and the NSE index 50 Nifty was up 36.95 points at 10,335.70. The Indian rupee was being traded at 65.09 against the U.S dollar in early trade.

Stock in Action: Shares of L&T Finance Holdings fell over 3% after 1.9% of the company’s equity shares changed hands in a block deal on the counter. 

CL Educate Limited, Educational support Services Company will release their Q2FY18 results today. The stock will be in focus on November 21, 2017. 

ANBCC (India) Limited has awarded the contract for construction of various Buildings for IIT Bhubaneswar at Bhubaneswar to Simplex Infrastructures Limited for Rs. 524.12 crore. The stock will be in focus on Tuesday.

Sanghvi Movers Limited has informed the Exchange that the credit rating agency ICRA has assigned ICRA to all the facilities of the company.

Lakshmi Vilas Bank has announced that its Q2 results on Monday, posting an increase of 14% in its income for the corresponding period, while, its net profit reduced to Rs. 76 core in Q2FY17 against Rs. 125 crore in Q2FY17 on the back of higher provisions.

Sensex up 400 Pts on Moddy’s , Stock to Watch out today 17 November 2017

sensex high Indian stock markets have opened the day on a strong note on Friday on positive global cues. The BSE Sensex surged 377.48 points to 33,483.30, while the NSE Nifty50 gained 117.75 points to 10,332.50 at 10:45 hours. The markets are risen higher by the banking stocks, which rose by 1.7% on back of Moody’s report on upgrade of Indian Govt bond rating. Punjab National Bank, ICICI Bank, Bank of Baroda, State Bank of India were gaining in the morning hours.

Following companies, among others, will be in focus today during trade based on recent and latest news developments.

FMCG companies’ stocks in focus today as the govt has approved setting up of the proposed National Anti-profiteering Authority under GST to ensure consumers get the advantage of lower taxes under the new indirect tax implementation.

Bank of Baroda: BoB said the Finance Committee of the board will meet next week to consider approving its proposal to raise Rs. 6,000 crore via Qualified Institutional placement or rights issue.
Bharti Airtel: Fair trade regulator Competition Commission of India has approved Bharti Airtel’s deal to take over the loss-making consumer mobile business of the Tata Group.

Among the companies which are scheduled to report their quarterly earnings today include JMT Auto, Kalyani Forge, Sadbhav Infra, S Chand & Company Ltd, Mayur Uniquoters.