Friday 29 July 2016

Sensex Nifty Started At Lower Note, Bullion Market Up

Sensex Nifty At Low Note, Bullion Market Up
Stock Market started with a low note. Rupee Opened weak by 4 paise at 67.04 against US Dollar. The 50-share NSE Nifty started off August series on a flat note after yesterday's rally as investors eagerly awaited for GST Bill. Nifty is down by 16 points at 8650. The 30-share index BSE Sensex is down by 75 points to 28133. BSE Small Cap hikes 24 points at 12305, BSE Mid-Cap gains 67 points at 12640 and Nifty Mid Cap is up by 64 points to 14760. All the Global Indices are trading down. Nikkei is down by 116 points to 16359, Hang Seng is down by 182 points to 21991 and Shanghai Composite with minor loss of 2 points down by 2992. In Commodity Market, Gold and Silver are trading in the positive zone. Gold hiked 45 points to 31031 and Silver hiked 343 points to 47362. Natural Gas hiked 13 points to 194 and Crude Oil dropped 59 points to 2772. 
Automobile company Eicher Motors first quarter (April-June) consolidated earnings matched analysts' estimates on Thursday with profit growing sharply by 58.6 percent to Rs 376.3 crore, driven by strong revenue as well as operational performance in Royal Enfield business. Revenue increased 42 percent to Rs 1,555.7 crore in the quarter ended June 2016 compared with Rs 1,096 crore in year-ago period. The Bank of Japan (BOJ) has eased its monetary policy further today by expanding dollar lending programmed to USD 24 billion. The central bank kept deposit rate at -0.1 percent and said it will increase buying of exchange traded funds. Bank of Japan has lowered its real GDP growth forecast for the current fiscal year to 1 percent from earlier 1.2 percent but increased to 1.3 percent for next fiscal from earlier forecast of 0.1 percent.

Wednesday 27 July 2016

Equity Market Updates @ Advices by Expert

After a consolidation, market closed marginally higher on Wednesday as traders remained cautious ahead of expiry of July derivative contracts & the outcome of Federal Reserve's two-day meeting. The Sensex rallied more than 200 points in morning trade on hopes of stimulus measures by Bank of Japan but turned volatile in afternoon trade, especially after correction in China's Shanghai on fears of regulatory changes. The Sensex was up 47.81 points at 28024.33 and the Nifty gained 25.15 points at 8615.80 .

Market participant will await US Fed comments for clues on policy direction on interest rates. The Fed has kept the benchmark fed funds rate unchanged after raising it for the first time in nearly a decade in December 2015.

Advices
Buy ADFFOODS above 116 targets 119 Stop Loss 114.


Sell BALPHARMA below 97 targets 94 stop loss 99

Monday 25 July 2016

Gold Silver Weekly Recommendation By Moneymaker Research

COMEX Gold futures witnessed some bargain buying around their three week low but overall sentiments remained tepid amid a weak technical picture and lack of demand in retail markets in India. However, a spree of terrorist attacks in Europe is likely to keep the safe haven tag in play for Gold. COMEX Gold ended just above $1320 per ounce levels and a sideways pattern is expected to prevail in the commodity in near term. MCX Gold futures topped out above Rs 32000 per 10 grams mark in early July 2016 and dropped near Rs 30700 mark amid sustained selling pressure. Local Gold imports dropped by about 48% to $3.90 billion in the first quarter of the current fiscal, extending their weak run. Gold imports stood at $7.51 billion in April-June 2015. The shipments contracted for a fifth consecutive month in June by 38.5% to $1.20 billion, according to the data by the Commerce Ministry. Silver imports too dipped to $249.39 million in June as against $342.37 million in the same month last year.

The Euro is lingering just above 1.1000 mark against the US dollar- its lowest levels in nearly six weeks. The European Central Bank left interest rates unchanged as expected. In a statement, the ECB said it expected rates to remain at the present or lower levels for an extended period of time, and well past the horizon of the net asset purchases. The central bank also said it was also confirming that monthly asset buys of 80 billion euros a month are intended to run until March 2017. The ECB Chief Mario Draghi noted that the ECB continue to expect interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the central banks net asset purchases.

Friday 22 July 2016

Equity Benchmarks Under Pressure, Global Indices Slumps

Equity Benchmarks Under Pressure, Global Indices Slumps
Sensex started on a flat note with a slight positive bias in morning trade on Friday. Sensex live on 27697 with 13 points down or 0.05 percent and nifty live at 8508 with 2 points down or 0.02 percent. Commodity market is showing average movements today. MCX Gold drops 54 points to 30951 while Silver with minor loss of 39 points trading at 46582. Energy sector is little bit down today. Crude Oil dropped 15 points to 3023 and Natural Gas with minor up-downs trading at 179.40. Aluminium, Copper and Nickel with minor changes trading at 107, 335 and 715 respectively. NCDEX Market has not shown any major loss or gain in todays session. Rmseed drops 10 points to 4943, Sybeanidr hikes 13 points to 3742 and Dhaniya jumps 47 points to 7694. Indian sectors are trading mixed with BSE Capital Goods at top with 146 points hike at 15541, BSE Auto uplifts 96 points to 20582. All the major Asian Market indices are trading in the negative zone. Japan's benchmark index Nikkei declined 183 points to 16626, Hong Kong's Hang Seng fell 99 points down to 2929 and China's benchmark index Shanghai Composite drops 20 points to 3018.

Monday 18 July 2016

Sensex Nifty Poor Closing, Mcx Commodity Under Pressure

After gaining satisfactory positive leads in the day session, Indian Stock Market closed up poorly. The Profit booking drove the Sensex down, while Nifty managed to hold above 8500. Sensex has lost 89.84 points today and ended up at 27746.66 and Nifty has lost 32.7 points today and ended up at 8508.7. All Bse Sectors have lost the initial gain and ended up in negative zone except the Auto and IT. Bajaj Auto, Bharti Infratel, Tata Motors(D), Axis Bank and Eicher Motors are the top gainers today, while Idea Cellular, ONGC, Bharti Airtel, Bank of Baroda and Zee Entertain are the top losers today. In Commodity Market, the Ncdex Commodities seems to working fine, but the Mcx Commodities are under pressure and struggling hard. In Mcx Commodity Market, Gold is at 30930 loss 47, Silver is at 46699 loss 576, Crude oil is at 3063 loss 18 points, Natural Gas is at 186.9 hike 2.2, Aluminium is at 110.65 loss 4.35, Nickel is at 690 hike 3.9, Lead is at 124.55 loss 0.55, Zinc is at 147.9 loss 0.55, Mentha oil is t 912.4 hike 35 and Cotton is at 23450 loss 120 points. 

Friday 15 July 2016

Stock And Commodity Market Slips Down, Infosys Drops 8 Percent

Stock And Commodity Market Slips Down, Infosys drops 8 percent
Indian Stock Market opened flat today, could not hold its early gains and deviated to red. Sensex live at 27815 with 126 points down or 0.45 percent while Nifty dropped 0.33 points or 0.39 percent to 8531. Indian sectors are trading mixed with Consumer Durables sector at 12504 with 205 points up and Auto sector at 20404 with 175 points at top. BSE Small Cap trading at 12028 with 40 points down, BSE Mid-Cap at 12144 with 29 points up and Nifty Mid-Cap live at 14334 with 4 points down. Infosys dropped 8.96 percent in the early sessions which is depicted as a major loss, NTPC and TCS dropped 2.5 percent. Rupee opened marginally higher but declined 0.04 paise or 0.06 percent to 66.95. Bullion Market drops in the early session, Gold with 63 points down trading at 30,887 and Silver dropped 64 points at 47,445. Energy sector is trading low minor loss. NCDEX Market is trading marginally down. Charjddel and Sybeanidr with minor losses trading respective at 9000 and 3650. Rmseed with 11 points hike at 4924, Tmcfgrnzm with 18 points hike at 8104 and Dhaniya with 24 points lead at 7809. Asian market Indices are trading high on global cues. Japan's benchmark index Nikkei with 114 points hike trading at 16500, Hong Kong's Index Hang Seng with 30 points up trading at 21591 and China's benchmark index Shanghai Composite declined 1.54 points at 3052.48.

Monday 11 July 2016

Nifty above 8450, Sensex up 470 pts, Auto BANKEX Bank Nifty & Midcap index at record high

A fabulous week opening by Indian Stock Market broke all records of last 1 year. Sensex hiked up around 470 points and Nifty reclaimed 8450 level for the first time since August 2015. Since the whole Global Market has gained positive leads, Japanese Index Nikkei has surprised the Asian Market with its out of the league performance. Nikkei is currently trading at 15777.30 with the hike of 670.32 points (4.25%). In BSE, Auto sectors has gained 2.22%, BANKEX sector has gained 1.98%, Bank Nifty has gained 1.91% and Midcap index has gained 1.48% hike till now. Indian Commodity Market is also maintaining the same positive attitude, but few Mcx and Ncdex commodities are still trading in negative zone. In Commodity Market, except Crude oil all other commodities are trading with the minimum hike of 0.5%. In Mcx Commodity Market, Gold is currently live at 31809 with the hike of 90 points and Silver is live at 48450 with the hike of 963 points, while Crude oil is live at 3033 with the loss of 26 points. In Base Metals, Aluminium is at 111.75 hike 0.50, Copper is at 322.65 hike 4.85, Nickel is at 678.6 hike 15.0, Lead is at 123.1 hike 1.45, Zinc is at 144.75 hike 0.85 and Mentha oil is at 849 hike 4.30. In Ncdex Commodity Market, Charjddel  is at 8460 hike 32, Rmseed is at 4796 hike 49, Sybeanidr is at 3612 hike 29, Cocudakl is at 2578 hike 2, Tmcfgrnzm at 7960 loss 94, Dhaniya is at 7372 hike 104, Sugarm is at 3545 loss 18, Jeeraunjha is at 18470 hike 155 and Barelyjpr is at 1594 hike 13.5 points.

Friday 8 July 2016

Sensex Nifty Under Pressure, Bank Nifty, Capital Goods Sector Drags

Sensex Nifty Under Pressure, Bank Nifty, Capital Goods Sector Drags
Indian Stock Market slumped in the last trading session of this week. Equity benchmarks remained under pressure tracking weakness in Asian peers. Sensex Nifty slipped huge amount of points today. Sensex live at 27098 with 103 points or 0.38 percent drop while Nifty live at 8309 with 28 points or 0.35 percent down. Indian currency Rupee trading at 67.48 weak by 0.09 paise. All the major Indian sectors are trading in the negative zone, Capital Goods sector with highest loss of 206 points trading at 15102, BSE BANKEX lost 148 points to 20547 and Bank Nifty live at 17939 with 145 points loss. Global Indices trading almost negative. Nikkei declined 168 points at 15107, Heng Sang fell 193 points to 20513 and Shanghai Composite lost 28 points reaching 2988 points. 

Having a view on Commodity Market, Bullion Market slides down too. Gold slipped 92 points to 31789 and Silver dropped 134 points to 46759. Natural Gas with minor loss trading at 186 points and Crude Oil hikes 13 points to 3076. In NCDEX, Charjddel hikes 184.00 points to 8320.00 while Jeeraunjha trading at 18015.00 with major loss of 165 points.

Monday 4 July 2016

Sensex Nifty Strong Opening, Silver Hiked Up 1800 Points

In the morning session of Monday Trading Session, Indian Stock Market gave a strong positive opening. Till now, Indian Stock Market has been hiked up by 0.70% and there are more to come today. Currently, Sensex is trading at 27352.71 with the hike of 207.8 points and Nifty is trading at 8389.9 with the hike of 61.55 points. All Bse sectors are trading in positive zone with appreciative hikes except the FMCG. With the current market status it seems like the whole Global Market is moving upwards. In Commodity Market, Silver has boosted up the Mcx market and most of the Mcx commodities are trading positively, while the Ncdex Commodities are trading low today. In Mcx Commodity Market, Gold is trading at 31729 with the hike of 266 points, Silver is trading at 47365 with the hike of 1806 point and Crude oil is at 3300 with the gain of 29 points. The only mcx commodity which is trading in negative zone is Natural Gas, it has lost 2.06% and currently trading at 195.10. In Base Metals, Aluminium is at 111.90 hike 0.15, Nickel is at 674 hike 2.90, Lead is at 125.25 hike 0.25, Zinc is at 144.80 hike 0.45, Mentha oil at 840 hike 4.40 and Cotton is at 20590 with the hike of 280 points.

Friday 1 July 2016

Indian Stock and Commodity Market Rising High

Indian Stock and Commodity Market Rising High
Indian shares closed higher on Thursday and opened with high rise on Friday erasing all the losses of last Friday happened due to Brexit. All the sectors are trading in the positive zone, BSE Capital Goods being at the highest with 254 points up. BSE Small Cap live at 11885 with 84 points up, BSE Mid Cap live at 11835 with hike of 118 points and Nifty MidCap trading on 13955 with 139 points up. Sensex live at 27202 with 202 points hike or 0.75 percent while Nifty is at 8346 with 58 points up pr 0.71 percent. All the major global indices are trading positive except the Singapore's index Straits Times with break down of 4.73 points. Indian currency Rupee, trading live on 67.11 with 11 points up against Dollar.

In Bullion Market, MCX Gold opened low but managed to trade in positive with 344 points lead at 31,543 while Silver trading highly in positive zone with 1,812 points lead at 45,280. In energy Sector, Crude oil breakdown with 18 points at 3286 and Natural Gas with little hikes trading at 198.50.

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