12 Jan (Friday) Sensex up 104 points, metal and capital goods shares rose

Sensex Nifty up Live Market- Sensex, Nifty edged higher in early trade Friday hitting new record highs on continued buying by retail investors amid strong global cues. Shares of Coal India, Axis Bank and ICICI Bank were top gainers, while Infosys, TCS and Power Grid fell in the early trading.

The BSE Sensex traded higher by 104.62 points to 34,608 levels, while the NSE Nifty-50 rose 30.80 points to 10,682 in later morning hours.

Except IT sector, all other BSE sectoral indices were moving in the green, out of the metal index gained the most by 0.71%, capital goods 0.61%, infrastructure 0.56% and banking stock 0.47%, however, IT index was down 0.1%.

Major Sensex gainers include ICICI Bank, HDFC, Larsen & Toubro, Kotak Mahindra Bank and Reliance Industries whereas the major losers were PowerGrid, IndusInd Bank, YES Bank and Infosys.

Shares of TCS fell 1.1 percent to Rs. 2762 after the company reported weaker earnings in its segments.

Shares of Infosys Ltd inched up 0.01 percent to Rs. 1,075.75 ahead of its Q3 earnings due later today.

Sensex and Nifty peak fresh record high, Idea Cellular gains

stock market trading up Share markets opened marginally higher on Friday on positive economic cues. The BSE Sensex was up 170.16 points or 0.50% at 34,139.80. The NSE Nifty-50 index was up 46.25 points or 0.44% at 10,551.05 in the later morning hours.

Shares Idea Cellular limited rose on the back of fundraising plans that involves raising Rs 3250 crore by selling shares on a preferential basis.

Shares of Maruti Suzuki, Yes Bank, Adani Ports, TCS, Tata Steel, Bharti Airtel gained up to 2.25% and were among the top gainers of Sensex stocks. The heavyweight shares such as TCS, Infosys, Maruti Suzuki, HDFC Bank, ITC, L&T, Yes Bank, HDFC, and contributed the most to the Sensex upsurge.

The Nifty Metal Index rose higher, led by gains in shares of Hindalco Industries and Vedanta, over 1 percent, tracking the overnight rise in global metal prices.

The Indian rupee gained more strength, ending at a fresh 2½ year high against the US dollar on Thursday. The rupee opened down by 5 paise at 63.58, but very swiftly pared the morning losses and added 16 paise to hit a day’s high of 63.37 vs the US dollar.

Sensex rises 143 points, Nifty near 10,500, RIL, SBI, ICICI Bank top gainers

stock trading tips India’s share markets extended gains to open higher on Wednesday on positive global cues, with Sensex & Nifty inching up by 0.3 percent.

The BSE Sensex was trading 143 points at a high of 33,955.21 and NSE Nifty added 51.65 points to mark the day’s high at 10,493.85.

Shares of Reliance Industries, Adani Ports, Bharti Airtel, ICICI Bank, SBI, Yes Bank, HUL,  Tata Steel were the major gainers among the Sensex stocks while Infosys, Dr Reddy’s, HDFC Bank, ONGC, Asian Paints, Tata Motors slipped upto 2 percent. The heavyweight stocks such as Reliance Industries, ICICI Bank, TCS, ITC, SBI, Larsen and Toubro contributed the most to the Sensex gains.

Metal stocks continued to keep up momentum on the back of rising global commodity prices. The Nifty Metal index advanced 0.8 percent in early trade, led by over 1 percent rise in shares of Vedanta Limited and Tata Steel Limited.

Meanwhile, the Indian rupee rose the 4-day rising streak on Wednesday. The domestic currency made a top of 63.50 per US dollar on Wednesday, and was trading down 2 paise at 63.50 against the US dollar.

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 above 33,700, Nifty at 10,450 mark, HDFC Bank, Sun Pharma lead

sensex up, nifty above India’s Best Stock Advisory
The key indices erased their opening gains and were being traded flat due to lack of directions from global markets. The BSE index Sensex was down 1.12 points at 33,776.26 and the 50-share NSE index Nifty was up 7.4 points at 10,45.60 in the later morning hours.

Sun Pharma gained 1.76%, L&T up 1.37%, Hero MotoCorp rose 1.32%, Tata Steel up 0.74% and HDFC rose 0.7%, as the top Sensex gainers while M&M, ICICI Bank, HUL, Infosys and IndusInd Bank were the major losers.

Shares of RCom gained 4 percent today after a report said that Reliance Jio Infocomm leads the race to acquire the company’s assets.

BSE realty index rose 3.01%, followed by metal 0.75%, infrastructure 0.69% and capital goods 0.64%, while banking index fell 0.34%, auto 0.3% and PSU 0.18%.

PSU Bank, Auto, Realty and Bank Nifty Index are the top losers on the NSE, while Nifty Media, Pharma and Metal Index were the top gainers.

Among specific stocks, stocks of Varun Beverages Limited rose 7 percent as the company has entered into a binding accord with PepsiCo to acquire franchisee rights.

Shares of Repro India gained in third straight session rising 3 percent after a promoter bought stake in the company.