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.

Sensex declines in early trade, SEBI Registered Investment Advisory Company

SEBI registered advisory CompanyKey-Benchmark indices opened on a negative note tracking weak cues Asian equities. Investors were booking profits ahead of the announcement of key economic data later today.
The BSE Sensex fell 44.69 points or 0.13% at 33,411.10, while the NSE Nifty 50 index rose 2.65 points or 0.03% at 10,324.90.

Banking stocks were trading down led by losses in SBI, ICICI Bank and Bank of Baroda.
Shares of Dr. Reddy’s jumped 4.1% after the USFDA cleared the company’s unit-3 in Hyderabad.

Shares of Oil & Natural Gas Corporation rose 1.2 percent after the global crude oil prices hit their highest level since 2015 overnight.

Sectorally, shares of Metal, Media, Pharma and Auto were the top gainers, while shares of FMCG, PSU Bank, and Realty Index were the top losers on the NSE.
Dr.Reddy’s Vedanta, GAIL India, Hindalco and ONGC were the top gainers on the Nifty50.

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.

Stock Market News- Stocks to Watch out on 22 November 2017

sensex up Key benchmark indices edged higher in early trade on Wednesday, with indices extending fresh gains tracking steadiness in Asian stocks. The stocks of Adani Ports, Mahindra and Mahindra, Bajaj Auto, HDFC rose, while the shares of Dr. Reddy’s and Axis Bank fell in early hours. At 10.35 am, the BSE Sensex traded higher by 38.28 points to 33,514.63, while the NSE Nifty 50 rose 0.65 points to 10,327.55.

Stocks to watch out today: Steel Authority of India’s (SAIL) stock will be watched out as the company is likely to have JV for 1.5 million ton steel plant for production of auto-grade steel with Arcelor Mittal.

Telecom sector stocks will be in limelight as the Telecom Regulator has put forward relaxing spectrum holding limits.

Shares of Reliance Industries Limited is on watch after the global investment banking company Goldman Sachs raised their target price by 26% to Rs 1,205. RIL shares rose by 2% to Rs.939.65, on Tuesday’s closing.

Ajanta Pharma announced that it has got the USFDA approval for the bioequivalent generic version of Kapvay tablets and the same has been launched in US market through its wholly owned subsidiary, Ajanta Pharma USA Inc.

Bank of Baroda has announced that it has approved the proposal of raising additional equity capital aggregating upto Rs 6000 crore by way of rights issue or QIP, depending on applicable statutory approvals.