Thursday, 31 May 2018

Sensex, Nifty Flat in Opening Amid Better Q4 GDP Data | Today Stock Market News Outlook 01 June 2018.

OPENING BELLS

NIFTY (1ST JUN 2018) Trend : up Preopening Price : 10738.45 Gap up : 2.30 ( 0.02%) Support : 10500 Resistance : 10800 

BANK NIFTY (1ST JUN 2018) Trend : UP Preopening Price: 26913.40 Gap up : -42.80 (-0.16%) Support : 26500 Resistance :27100




Benchmark indices started off last day of the week on a flat note despite better-than-expected fourth quarter GDP data.

The 30-share BSE Sensex fell 25.01 points to 35,297.37 and the 50-share NSE Nifty declined 16.90 points to 10,719.30.

Nifty Bank index fell 150 points and Nifty Midcap index declined 40 points.

ICICI Bank rallied nearly 4 percent after Chanda Kochhar has already proceeded on leave. The bank is calling it a 'planned annual leave'.

Sun Pharma, Bajaj Auto, BPCL, HPCL, Maruti Suzuki, Ashok Leyland, Indiabulls Housing, HUL and Tata Motors are early gainers.

ONGC fell 4 percent. Axis Bank decliend 1.6 percent and ITC lost 0.3 percent.

Escorts rallied 1.7 percent post May Auto sales data.

CG Power, Idea Cellular, Balrampur Chini, Suzlon Energy and PFC gained up to 7 percent.

Reliance Communications and Vakrangee fell up to 5 percent.

Wednesday, 30 May 2018

Sensex Opens up 140 pts, Nifty Above 10,650 Ahead of F&O Expiry | Today Stock Market News Outlook 31 May 2018.

OPENING BELLS

SENSEX (31st may 2018) Trend : up Preopening Price :35083.81 Gap Up : 177.70(0.51%) Support : 31300 -31700 Resistance: 35600 - 35900 

NIFTY (31ST May 2018) Trend : Up Preopening Price : 10670.10 Gap Up : 55.75(0.53%) Support : 10400 -10350 Resistance : 10800- 10910 

BANK NIFTY (31th May 2018) Trend : UP Preopening Price: 26587 Gap up : 259 (0.98%) Support : 27000 Resistance :26100



Benchmark indices started off the expiry day on a strong note, tracking positive trend in global peers on easing of Italy political concerns.

The 30-share BSE Sensex rallied 141.30 points to 35047.41 and the 50-share NSE Nifty gained 42 points at 10,656.40.

Jubilant Foodworks, Punj Lloyd, Apollo Hospitals, Deepak Fertilisers, Satin Creditcare, KNR Construction, Sadbhav Engineering and Saksoft surged up to 15 percent.

Manpasand Beverages, Vakrangee and V-Guard Industries fell up to 10 percent.

Tuesday, 29 May 2018

Sensex Falls 150 Pts, Nifty Below 10,600 | Today Stock Market News Outlook 30 May 2018.

OPENING BELLS

SENSEX (30th may 2018) Trend : up Preopening Price :34912.54 Gap Down : -36.70(-0.11%) Support : 31300 -31700 Resistance: 35600 - 35900 

NIFTY (30th May 2018) Trend : Up Preopening Price : 10612.50 Gap Down :-20.80(-0.20%) Support : 10400 -10350 Resistance : 10800- 10910 

Bank NIFTY (30th May 2018) Trend : Up Preopening Price : 26039.90 Gap Down :-214.90 Support : 25500 -25000 Resistance : 27000- 27500




Benchmark indices extended yesterday's losses on Wednesday, tracking weakness in global stocks on political turmoil in Italy.

The 30-share BSE Sensex dropped 151.57 points to 34,797.67 and the 50-share NSE Nifty slid 63.30 points to 10,570.

Vedanta, Tata Motors, SBI, ICICI Bank, Bharti Airtel, Axis Bank and Grasim Industries fell up to 2.5 percent.

M&M, BPCL and Infosys are gainers in opening.

Nifty Midcap lost 156 points. Nifty Bank declined 237 points.

Dilip Buildcon, Glenmark Pharma, BEL, Eveready Industries, Vakrangee, Jain Irrigation, Canara Bank, Allahabad Bank and LIC Housing Finance slipped up to 6 percent.

Greenply Industries, Reliance Communications, Dish TV and Power Grid are gainers.

Monday, 28 May 2018

Sensex, Nifty Open Lower; IT Stocks Gain | Today Stock Market News Outlook 29 May 2018.

OPENING BELLS

SENSEX (29th may 2018) Trend : up Preopening Price :35214.18 Gap Up : 48.70(0.14%) Support : 31300 -31700 Resistance: 35600 - 35900 

NIFTY (29 May 2018) Trend : Up Preopening Price : 10711.85 Gap Up : 23.20(0.22%) Support : 10400 -10350 Resistance : 10800- 10910 

BANK NIFTY (29th May 2018) Trend : UP Preopening Price: 26567.25 Gap down : -47 (0.18%) Support : 27000 Resistance :26100



Benchmark indices opened mildly lower on Tuesday morning due to profit booking after three-day run up. 

The 30-share BSE Sensex fell 56.44 points to 35,109.04 and the 50-share NSE Nifty declined 21.90 points to 10,666.80.

L&T, Tech Mahindra, TCS, Infosys, HCL Technologies, M&M, Bajaj Finance and Coal India are gainers.

Bank of India and Aurobindo Pharma plunged 5 percent each.

Vedanta, Sun Pharma, Lupin and SBI are under pressure.

Nifty Bank lost 130 points and Nifty Midcap shed 65 points.

Manpasand Beverages slipped 20 percent for second consecutive session.

Venus Remedies, DB Realty, Kwality, Gravita, Mercator and Fortis Healthcare fell up to 7 percent.

Oil India, NMDC, Bajaj Hindusthan, Dhampur Sugar, Dwarikesh Sugar, Reliance Communications and Edelweiss Financial gained 2-5 percent.

Sunday, 27 May 2018

Sensex Reclaims 35K, Opens up 100 Pts | Today Stock Market News Outlook 28 May 2018.

OPENING BELLS

NIFTY (28th MAY 2018) Trend : up Preopening Price : 10646.35 Gap up : 41.20 ( 0.39%) Support : 10300 - 10450 Resistance : 10800- 11000 

SENSEX (28th MAY 2018) Trend : up Preopening Price : 35074.32 Gap up : 149.45 ( 0.43%) Support : 34230 -34000 Resistance: 34700 - 34850 

BANK NIFTY (28th May 2018) Trend : UP Preopening Price: 26291.65 Gap down : 18.10 (0.07%) Support : 26500 Resistance :26100



Benchmark indices started off trade on a positive note on Monday, following sharp correction in oil prices and recovery in rupee.

The 30-share BSE Sensex gained 107.70 points at 35,032.57 and the 50-share NSE Nifty rose 44.50 points to 10,649.70.

Bank of Baroda, IOC, HPCL, BPCL and Sun Pharma jumped up to 7 percent while Tech Mahindra and Vedanta are under pressure.

Nifty Midcap index gained 110 points.

Jet Airways, InterGlobe Aviation, Excel Industries, Indian Bank, Waterbase, Meghmani Organics, RCF, FACT, Balrampur Chini, Praj Industries, Triveni Engineering, Nalco, NBCC, Divis Labs, Dixon Tech and Himatsingka Seide rallied up to 6 percent.

PC Jeweller and IDBI Bank are under pressure.

Thursday, 17 May 2018

Sensex, Nifty Extend Losses; Rel Comm up 17% | Today Stock Market News 18 MAY 2018.

STOCK MARKET NEWS

Benchmark indices started off Friday's trade mildly lower despite most Asian stocks traded in the green.

The 30-share BSE Sensex was down 59.51 points at 35,089.61 and the 50-share NSE Nifty fell 17.90 points to 10,664.80.

Sun Pharma, Bajaj Finance, Bajaj Auto, Tech Mahindra, Yes Bank, Eicher Motors, ONGC, Coal India, Lupin, Vedanta and Power Grid were early gainers.

IOC, HPCL, BPCL, Wipro, Indiabulls Housing Finance, Cipla, UltraTech Cement, ICICI Bank and Asian Paints were under pressure.

Nifty Midcap index was down 70 points. Voltas, Central Bank of India, Jyothy Labs, SRF, Crompton Consumer, TVS Motor Company, Biocon and Balkrishna Industries fell up to 5 percent.

JK Tyre, Reliance Communications, Reliance Power, Future Consumer, Future Enterprises, HDIL, PC Jeweller and Edelweiss Financial rallied up to 17 percent.

Stock Intraday Tips

Wednesday, 16 May 2018

Sensex, Nifty off Opening Highs | Today Stock Market News Outlook 17 May 2018.

OPENING BELLS

SENSEX (16th may 2018) Trend : up Preopening Price : 35483.62 Gap Up : 95.74(0.27%) Support : 31300 -31700 Resistance: 32200 - 33750 

NIFTY (17 May 2018) Trend : Up Preopening Price : 10775.60 Gap Up : 34.50(0.32%) Support : 10690 -10575 Resistance : 10860- 10927




Benchmark indices rebounded following confirmation that BJP is forming government in Karnataka.

The 30-share BSE Sensex was up 112.77 points at 35,500.65 and the 50-share NSE Nifty gained 29.90 points at 10,771.

Tata Steel, Vedanta, TCS, Wipro, Tata Motors, ITC and SBI were early gainers while Cipla, HPCL, BPCL and Lupin were losers.

Nifty Midcap was up 0.3 percent.

Divis Labs, Transport Corporation, Future Consumer, Future Enterprises, Colgate, Parag Milk Foods, JK Lakshmi Cement, BEML, Jyothy Labs, HEG and Delta Corp gained up to 5 percent.

TVS Motor, Muthoot Finance, Brigade Enterprises, Punjab & Sind Bank, Muthoot Finance, Century Plyboards and Career Point fell up to 10 percent.

Tuesday, 15 May 2018

Nifty Extends Losses, Sensex Falls over 200 pts | Today Stock Market News Outlook 16 MAY 2018.

Stock Market News

Benchmark indices opened sharply lower, following weak trend in global stocks and uncertainty over formation of government in Karnataka.

The 30-share BSE Sensex was down 166.25 points at 35,377.69 and the 50-share NSE Nifty declined 54.20 points to 10,747.70.

Nifty Bank fell 184 points as PNB plunged 10 percent.

Lupin, Power Grid, Tata Steel, Tata Motors, TCS and Tech Mahindra were early gainers.

Titan Company, Bajaj Finserv, ICICI Bank, Axis Bank, Cipla, HPCL and SBI were under pressure.

Nifty Midcap was down 83 points. Reliance Communications, Jaypee Infratech, MRPL, Shakti Pumps, PI Industries, Syndicate Bank, Allahabad Bank, Karnataka Bank, Bajaj Hindusthan and IDBI Bank were down up to 8 percent.

Endurance, Crompton Consumer, Indiabulls Real Estate, Bhushan Steel, IRB Infrastructure and Ashok Leyland gained up to 7 percent.


Monday, 14 May 2018

Sensex, Nifty Open Flat Amid Rising Bond Yields | Today Stock Market News Outlook 15 MAY 2018.


STOCK MARKET NEWS

Benchmark indices were flat in opening trade amid rising bond yields and vote counting in Karnataka.
The 30-share BSE Sensex was up 7.33 points at 35,564.04 and the 50-share NSE Nifty fell 9.80 points to 10,796.80.

HUL gained 2 percent following 11 percent volume growth in Q4.

Indiabulls Housing Finance, Yes Bank, HDFC Bank, 


Axis Bank, Kotak Mahindra Bank, Reliance Industries, SBI, PNB, Bank of Baroda, Bajaj Finance, Adani Ports, NTPC, HCL Tech, Bharti Infratel and ICICI Bank were under pressure.

Nifty Midcap index was down 72 points.

PC Jeweller, Balrampur Chini, HDFC Standard Life, Adani Power, Praj Industries, Allahabad Bank and IDBI Bank were down up to 8 percent.

BEML, Dr Lal PahLabs, Fortis Healthcare, Bombay Dyeing, KEC International, JK Paper, Balaji Amines and InterGlobe Aviation gained up to 5 percent.

Sunday, 13 May 2018

Nifty Opens Above 10,800, Sensex Flat After Karnataka Exit Polls | Today Stock Market News Outlook 14 MAY 2018.

STOCK MARKET NEWS

Benchmark indices started off the week on quiet note after Karnataka exit polls that indicated hung assembly. Investors prefer to wait for Karnataka elections results due on Tuesday.
The 30-share BSE Sensex was up 31.27 points at 35,567.06 and the 50-share NSE Nifty rose 12 points to 10,818.50. 
HPCL, BPCL, IOC, Sun Pharma, HUL, Titan Company, Hero Motocorp and HDFC were early gainers.
Tata Steel, Infosys, SBI, HCL Technologies, Coal India and Asian Paints were losers in early trade.
Tata Global Beverages, Allahabad Bank and UCO Bank fell up to 4 percent.
Allcargo Logistics, Patel Integrated, Gati, VST Tillers, Sun TV, Gujarat Gas and Canara Bank rallied up to 7 percent.

Stock Market Tips

Thursday, 10 May 2018

Sensex Opens Over 100 Points Higher, Nifty Above 10,750 | Today Stock Market News 11 MAY 2018.

OPENING BELLS

SENSEX ( 11th May 2018) Trend : Up Preopening Price : 35145.00 Gap down : -6.30 (0.02%) Support : 34976-34848 Resistance: 35432-35344 

NIFTY ( 11th May 2018) Trend : Up Preopening Price : 10740.60 Gap up :22.70 (0.21%) Support : 10378-10542 Resistance : 10873-10986 

BANK NIFTY (11th May 2018) Trend : Up Preopening Price: 26173.70 Gap Up : 42.70 (0.16%) Support : 25384-25457 Resistance :25610-25690



Equity benchmarks have begun the day on the right foot, with the Sensex gaining over 100 points, while the Nifty clocked 10,750 during the morning trade. 

The Sensex is up 132.32 points at 35378.59, while the Nifty is up 43.30 points at 10759.80. The market breadth is positive as 518 shares advanced, against a decline of 347 shares declined, while 63 shares have remained unchanged.

Midcaps have begun the day on a positive note, gaining over 0.3 percent on the index. Meanwhile, strength is visible in metals and IT stocks as well. Asian Paints, Tata Steel, and Titan are the top gainers, while Bharti Airtel and Sun Pharma have lost the most. 

The Nifty50 is expected to open higher on Friday following positive trend seen in other Asian markets. The Nifty50 closed 25 points lower at 10,716 on Thursday.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 49 points or 0.46 percent. Nifty futures were trading around 10,780-level on the Singaporean Exchange.

Wednesday, 9 May 2018

Sensex Begins The Day 100 Pts Higher, Nifty Firmly Above 10,750 | Today Stock Market Outlook 10 MAY 2018.

OPENING BELL

SENSEX ( 10th May 2018) Trend : Up Preopening Price : 35412.60 Gap up : 89.20 (0.22%) Support : 34976-34848 Resistance: 35622-35556 

NIFTY ( 10th May 2018) Trend : Up Preopening Price : 10780.60 Gap up :37.65 (0.35%) Support : 10378-10542 Resistance : 10873-10986 

BANK NIFTY (10th May 2018) Trend : Up Preopening Price: 26216.10 Gap Up : 61.65 (0.24%) Support : 25384-25457 Resistance :25610-25690



D-Street has begun the trading session on a good note. The Sensex is up over 100 points, while the Nifty is firmly above 10,750-mark. 

The Sensex is up 117.29 points at 35436.64, while the Nifty is up 33.30 points at 10775.00. The market breadth is positive as 497 shares advanced, against a decline of 362 shares, while 55 shares are unchanged.

ONGC, Axis Bank, Eicher Motors and Tech Mahindra are the top gainers, with a surge of up to 2 percent among them. On the losing side are IndusInd Bank, Dr Reddy’s Labs and Indian Oil. 

In the broader markets, midcaps are continuing to trade lower but strong gain is seen in Nifty IT, up around half a percent.

Tuesday, 8 May 2018

Sensex Opens Mildly Lower, Nifty Holds 10,700 | Today Stock Market News Outlook 09 May 2018.

OPENING BELLS

NIFTY ( 9th May 2018) Trend : Up Preopening Price : 10690.95 Gap down : -27.90 (0.26%) Support : 10378-10542 Resistance : 10873-10986 

SENSEX ( 9th May 2018) Trend : Up Preopening Price : 35195.60 Gap down : -15.05 (0.24%) Support : 34976-34848 Resistance: 35530-35472 

BANK NIFTY (09th May 2018) Trend : Down Preopening Price: 25988.10 Gap Down : -102.40 (-0.39%) Support : 25384-25457 Resistance :25610-25690



Equities have begun the day on a lower note, with the Sensex shedding around 50 points, while the Nifty held 10,700 in the opening tick. The market breadth was in favour of advances. 

The Sensex is down 48.69 points or 0.14% at 35167.63, and the Nifty down 16.30 points or 0.15% at 10701.50. About 302 shares have advanced, 229 shares declined, and 59 shares are unchanged.

Selling is visible across all sectors, barring Nifty IT, which is trading over half a percent higher. Big cuts are visible in financial names, with Nifty Bank falling 0.40 percent. Midcaps too are trading lower. 

OMC stocks have taken a hit on the back of higher crude oil prices.

Sunday, 6 May 2018

Sensex Starts The Week 100 Points Higher, Nifty Around 10,650 | Today Stock Market News Outlook 07 May 2018.

OPENING BELLS

NIFTY ( 7th May 2018) Trend : Up Preopening Price : 10650.45 Gap up : 33.35 (0.32%) Support : 10532-10396 Resistance : 10812-10986 


SENSEX ( 7th May 2018) Trend : Up Preopening Price : 34912.85 Gap down : -2.75 (0.01%) Support : 34545-34776 Resistance: 35122-35322 







The Nifty is expected to open flat on Monday following muted trend seen in other Asian markets. The Nifty closed 61 points lower at 10,618 on Friday.

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 5.5 points or 0.05 percent. Nifty futures were trading around 10,672-level on the Singaporean Exchange.

The three major US stock indexes rose more than 1 percent on Friday after weaker-than-expected US wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week, said a Reuters report.

Manipal-TPG revises offer for Fortis Healthcare, values group at Rs 8,358 crore
Fraud-hit PNB targets over 10 percent business growth in 2018/19: Reuters
Avenue Super marts: Q4FY18 standalone net profit rises 72.86 percent YoY to Rs 167.10 crore

Friday, 4 May 2018

SEBI Allows Exchanges to Set Trading Hours in Derivatives Between 9 am and 11:55 pm | Today Share Market News 05 May 2018.

In a landmark decision, SEBI on Friday announced that stock exchanges will now be able to trade in Equity Derivatives Segment between 9 am and 11:55 pm.

This step was taken with a view to enable integration of trading of various segments of securities market at the level of exchanges

Exchanges willing to extend trade timings shall seek prior approval from SEBI and submit framework for risk management, settlement process with SEBI.

The provisions of this circular shall be applicable from October 01 this year.

SEBI took this decision in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992.

Experts and stakeholders hailed SEBI's move, saying that investors will benefit from it. Here's what they had to say:

Thursday, 3 May 2018

Sensex, Nifty Open Lower on Global Weakness | Today Stock Market News Outlook 04 May 2018.

OPENING BELLS 04 MAY 2018

NIFTY ( 4thMay 2018) Trend : Up Preopening Price : 10700.45 Gap up : 2.35 (0.02%) Support : 10532-10396 Resistance : 10812-10986 

SENSEX ( 4th May 2018) Trend : Up Preopening Price : 35145.85 Gap up : 42.75 (0.12%) Support : 34942-35045 Resistance: 35468-35545 

BANK NIFTY (04th May 2018) Trend : Up Preopening Price: 25632.30 Gap Up : 27.05 (0.11%) Support : 25384-25457 Resistance :25610-25690


Benchmark indices opened flat with a negative bias following correction in global peers.

The 30-share BSE Sensex was down 19.92 points at 35,083.22 and the 50-share NSE Nifty fell 8.70 points to 10,671.

Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra and, Infosys were under pressure.

Bharti Airtel, Bajaj Finance and Vedanta were early gainers.

Nifty Midcap index was down 33 points. Hexaware, Castrol India, JSW Energy, HCC and Adani Power fell up to 6 percent.

PC Jeweller, Ruchi Soya, Jet Airways, Emami, L&T Finance and HFCL gained up to 5 percent.

Wednesday, 2 May 2018

Sensex, Nifty Open Flat Amid Weak Global Cues | Today Stock Market News Outlook 03 MAY 2018.

OPENING BELLS 03 MAY 2018

SENSEX ( 3rd May 2018) Trend : Up Preopening Price : 35258.60 Gap up : 80.30 (0.23%) Support : 35110-35045 Resistance: 35468-35612 

NIFTY ( 3rd May 2018) Trend : Up Preopening Price : 10720.55 Gap up : 2.35 (0.02%) Support : 10532-10396 Resistance : 10812-10986 

BANK NIFTY (03th May 2018) Trend : Down Preopening Price: 25547.90 Gap Down : -20.40 (-0.08%) Support : 25384-25457 Resistance :25610-25690



Benchmark indices opened flat amid weak global cues on Thursday as investors await corporate earnings and Karnataka elections that is scheduled to be held next week.

The 30-share BSE Sensex was down 4.36 points at 35,172.06 and the 50-share NSE Nifty fell 6.10 points to 10,711.90.

ICICI Bank, Hindalco, GAIL, Grasim Industries and ITC were early gainers.

Nifty Midcap index was down 96 points and Nifty Bank was down 65 points.

InterGlobe Aviation, Siemens, National Fertilizers, Jet Airways, Biocon, Bharat Forge, MRF, Gujarat Fluorochemicals and PC Jeweller fell up to 12 percent.

Tata Power and Sical Logistics gained up to 3 percent.

Tuesday, 1 May 2018

Sensex Opens up Over 100 Pts Despite Weak Asian Cues | Today Stock Market Outlook 05 May 2018.

OPENING BELL 02 MAY

SENSEX ( 2nd May 2018) Trend : Up Preopening Price : 35338.20 Gap up : 176.30 (0.05%) Support : 35110-35246 Resistance: 35468-35612 

NIFTY ( 2nd May 2018) Trend : Up Preopening Price : 10804.55 Gap up : 64.35 (0.06%) Support : 10712-10632 Resistance : 10942-11045 

BANK NIFTY (02th May 2018) Trend : Up Preopening Price: 25607.05 Gap Up : 75.45 (0.30%) Support : 25384-25457 Resistance :25610-25690


Benchmark indices opened higher despite weakness in Asian stocks, backed by auto sales data.

The 30-share BSE Sensex was up 116.70 points at 35,277.06 and the 50-share NSE Nifty rose 30.50 points to 10,769.90.

Tata Motors, Bajaj Auto, Eicher Motors, M&M, Maruti Suzuki, Reliance Industries and L&T gained up to 3 percent.

Wipro, HUL, HCL Technologies and Hindustan Zinc lost up to

Nifty Midcap was up 12 points and Nifty Bank gained 80 points.

Fortis Healthcare, Container Corporation, Transformers & Rectifiers, Arvind Smartspaces, Munjal Showa, Ceat and Dabur India gained up to 8 percent while Lanco Infratech, HDIL and Jet Airways were under pressure.