Sensex up 67 points Nifty holds 10,628 mark; Coal India, Tata Motors gain

Sensex Nifty gainers today India’s Share Markets began on a positive note due to firm global cues on Tuesday with Sensex and Nifty hitting all-new record highs. Investor outlook remained upbeat on continued capital inflows and extensive buying by retail investors with hop0es of encouraging Q3 earnings, to be posted this week.

The BSE index Sensex was trading 67.34 points up to 34,420.13 and the NSE Nifty-50 index up by 4.65 points to 10,628.25 in the later morning a hours Shares of Coal India Ltd rose 5.2 percent after the company hiked fuel prices used to fire power plants.

Shares of Max India Limited rose 2.4% to Rs. 124.35 after Life Healthcare Group Holdings Ltd is looking out a sale of its stake in India’s Max Healthcare Ltd.

Shares of National Mineral Dev Corpn plunged 4 percent after the government said it will sell 1.5 percent stakes in NMDC through an offer for sale.

Nifty top gainers include Coal India, Tata Motors, Tata Steel, GAIL India and Kotak Mahindra Bank. On the other hand, the losers include HPCL, Zee Entertainment, Eicher Motor, Hindalco Industries, and Tech Mahindra.

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.

26 Oct Stock market live, Best intraday trading tips, Investment advisory

share market down The BSE Sensex and NSE Nifty opened on Thursday after closing at a record high in the previous session. The Indian rupee opened higher against the USD.

At 10.55 am, the BSE Sensex traded lower by 73.29 points, to 32,969.21, while the Nifty fell 8.85 points to close at 10,286.50. Shares of SBI and PNB hit a fresh record high, rising about 7.79% to Rs 351.3 and 14.55% to Rs 231.45 respectively. Other PSU bank stocks which also rallied include Indian Bank, Bank of Baroda, Union Bank of India Canara Bank,  Bank of India, OBC,  IDBI Bank and Syndicate Bank.

JP Group stocks fell after the Supreme Court has extended the deadline for Jaypee Associates Ltd to deposit Rs. 2,000 crore to cover its liability towards those who bought homes in projects of its subsidiary Jaypee Infratech Ltd.

Tata Communications Ltd fell 4% to Rs. 688 after it has reported a loss of Rs. 128.55 crore against a net profit of Rs. 267.65 crore that was in the corresponding quarter last year.
HCL Infosystems Ltd fell 4% to Rs. 46.85 after the company announced its net loss for the quarter widened to Rs. 455.57 cr from Rs. 37.13 cr a year ago period.

Rupee Watch: The Indian rupee opened at 64.80/USD and was being traded at 64.74 V/s the dollar, up 0.25% from its last close of 64.90.

25 Oct- Top Ten stocks in focus today: Road & highway, Infosys, Banking stocks

top ten stock advisory company Road & highway stocks will be watched out today as the govt has approved the Rs 6.92-lakh-Cr, 5-year roads programme, which includes the Bharatmala project, intends to to generate 142 million mandays of work.

Banking stocks will be in focus as govt has approved Rs 2.11 lakh crore PSU Banks’ recapitalisation plan for a 2- year period.

Infosys Ltd has posted a 3% increase in net profit to Rs 3,726 crore in the July-Sept quarter, compared to Rs 3,606 crore in the corresponding quarter last year.

Lupin Limited receives USFDA approval for generic Lodosyn tablets used for the treatment of Parkinson’s disease.

Kaya Limited to provide bank guarantee for an amount of USD 4 million to Kaya DMCC.

Yes Bank – RBI has also imposed Rs. 6.00 crore fine on Yes Bank for its non-compliance of RBI regulation on Income Recognition Asset Classification (IRAC).

IDFC Bank: Reserve Bank of India imposed Rs 2.00 crore penalty on IDFC Bank because of non-adherence with certain directions regarding sanction and renewal of loans and advances.

Ambuja cements standalone revenue for the Q2 FY18 came in at Rs. 5,376 crore, registering 5% year on year increase.

HDFC Bank & Asian Paints Ltd, have posted stellar results for the quarter ended 30 September.

10 October Nifty above 10,000, Sensex rising 100 Pts, Best Stock tips today

nifty future tips

The key equity benchmark Sensex & Nifty opened slightly higher on Tuesday as many of the Asian stocks rose in the early trade today. The hope in a good second quarter earnings for the financial year 2018 and macro-economic data also brought up the market sentiments. After 11.00 am, the BSE Sensex is trading at 31980, up by 133 points, while NSE Nifty is trading at 10,025 up by 37 points.

Shares of Infosys Limited surged by 2% on Tuesday morning, after the company fixed November 1, 2017, as the record date for its share buy-back proposal yesterday. The other gainers include Lupin Ltd, Coal India, Infratel, and HCL whereas HPCL, BPCL, Zee Entertainment Enterprises, IOC and TataMotors are losing sheen on NSE.

Reliance infra rise 2% as it enters into exclusivity deal with Adani Transmission Ltd which rose 10% to sell Mumbai City Power Biz, while Fortis Healthcare stock trades slightly higher after 13.7 lakh shares change hands in a block deal.