Friday 31 March 2017

Sensex eases as April series eyes negative note; RIL top gainer

Stock Market news, Daily Equity news
The benchmark Index Nifty-50 pared all its initial losses to settle the first day of the April Future & Option series flat as investors booked profits in recent outperformers. On closing Friday, the BSE Sensex ended at 29,620, down 27 points, while the broader Nifty50 ended flat unchanged at 9,173.
The broader market outshined with the BSE Midcap going up 0.8% and the BSE Smallcap going up 0.7% and hit their fresh lifetime highs. On BSE, about  1620 shares rose and 1121 shares fell while  232 shares were unchanged.
Reliance Industries Ltd, SBI, HCL Technologies and Adani Ports from the Nifty50 index  hit their respective 52-week highs on the NSE. Reliance was the top gainer both on the Sensex & Nifty ending 4% higher at Rs 1320. Reliance’s telecom venture Reliance Jio’s  prime membership offer is set to expire today.

Thursday 30 March 2017

Sensex rises 116 pts; Nifty settles March F&O series at record high


Stock Future Trading Tips, BSE, NSE,
The benchmark indices continued their rising flash for third consecutive session after the Lok Sabha approved four legislations to give shape to the GST bill. The BSE Sensex, rose 116 points or 0.39% to 29,647.42, The NSE Nifty index rose 29.95 points or 0.18% to 9,173.75. Trading was volatile in consideration of March series expiry.
In the broader markets, the BSE Mid-Cap index rose 0.39%, while The BSE Small-Cap index rose 0.95%, outperforming the Sensex.
Logistics shares rose higher after the passage of the GST bills. Allcargo Logistics rose 4.4% while VRL Logistics shot up 4.3% and GATI gained 2.5%.
Auto stocks including Hero MotoCorp Ltd and Ashok Leyland Ltd recovered from steep losses after the Supreme Court banned sale of new vehicles with older Euro-III fuel technology from April 1.

Wednesday 29 March 2017

Sensex, Nifty end higher ; Auto stocks fell, Bank shares edged higher


Stock Market Closing, Money Maker Research, Auto Stocks
Benchmark indices settled the day on a positive note as investors were not very bullish ahead of March Future & Option series’ expiry. The Sensex, rose 131.71 points or 0.45% to 29,541.23. The Nifty-50 index rose 43 points or 0.47% to 9,143.80. Robust inflow from foreign portfolio investors in Indian equities also boosted investors' sentiment.
Gains in banking stocks pushed the key indices higher. ICICI Bank climbed 1.97% to Rs 282.40. HDFC Bank spiraled 0.84% to Rs 1,430.65. Bharti Infratel was the top Nifty gainer, while Hero MotoCorp was the top Nifty loser in today’s trading session.
Auto stocks fell after the Supreme Court banned sale of existing stocks of Bharat Stage III vehicles from 1 April 2017.
There were 597 advancing stocks , 824 declines and 351 unchanged stocks on the exchange, reflecting bearish undertone floating in the market.





Share it