Friday, March 8, 2019

MARKET SUMMARY OF 08 MAR 2019

The Nifty50 closed listless session marginally lower on Friday, but managed to hold 11,000 levels for third consecutive session despite sharp fall in global peers on growth concerns.After opening marginally lower at 11,038.85, remained in the range throughout the session but did not break psychological 11,000 levels. The index touched an intraday high of 11,049 and low of 11,008.95, before closing 22.80 points lower at 11,035.40.

Thursday, March 7, 2019

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Benchmark indices ended higher for the fourth consecutive day with Nifty closed around 11,050 level.The Sensex was up 89.32 points at 36725.42, while Nifty was up 5.20 points at 11058.20. About 1287 shares have advanced, 1349 shares declined, and 159 shares are unchanged. Benchmark indices ended marginally higher on Thursday led by gains in HDFC Bank, Larsen & Toubro (L&T), ITC, Axis Bank and RIL.Among sectoral indices,

Wednesday, March 6, 2019

STOCK MOVEMENTS OF 6 MAR 2019


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The Nifty50 after a strong start above 11,000 levels remained rangebound with a positive bias throughout the session on Wednesday and closed at one-month high on follow-up buying. Select banking & financials, FMCG and IT stocks led the market higher.Benchmark indices ended over half a per cent higher driven by gains in RIL, ICICI Bank, HDFC, ITC and Bajaj Finance.Among sectoral indices, the Nifty Metal index ended 0.7 per cent higher with MOIL and National Aluminium Company being the top gainers.

Friday, March 1, 2019

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The market snapped its three-day losing streak and closed half a percent higher, but the broader markets staged smart show on strong breadth. The S&P BSE Sensex added 196 points or 0.55 per cent to settle at 36,064, while the NSE's Nifty50 index closed at 10,863.50, up 71 points or 0.66 per cent.On a weekly basis, the 30-share index Sensex rose 0.53 per cent while Nifty gained 0.66 per cent. About three shares advanced for every share falling on the BSE.IndusInd Bank, ICICI Bank, HDFC, L&T and Infosys were leading contributors while Bharti Airtel, Axis Bank, UPL and Bajaj Auto were under pressure.Among broader space, TVS Motor Company, Jet Airways, NALCO, Union Bank, Vijaya Bank, SAIL, RCF, Wockhardt, Dish TV, Meghmani Organics and OBC rallied 4-11 percent.Marico, Motherson Sumi and Havells India were under pressure.
BUZZING STOCKS :SBI Life Insurance rebounds 21% after Carlyle Group acquires 9% stake.Ravneet Gill takes charge as YES Bank's CEO; stock up 3%Public sector banks gain; Oriental Bank, Union Bank soar 10%.Sugar stocks rally up to 10% as govt approves Rs 10,540 crore soft loan


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Thursday, February 28, 2019

STOCK REVIEW OF 28 FEB 2018

Market at close: Benchmark indices ended marginally lower on the F&O Expiry day with Nifty closing below 10,800 level.The Sensex was down 37.99 points at 35867.44, while Nifty was down 8.90 points at 10797.80. About 1463 shares have advanced, 1005 shares declined, and 153 shares are unchanged. Vedanta, Coal India, BPCL, GAIL and IOC were the top gainers on the Nifty, while losers include TCS, Eicher Motors, Maruti Suzuki, UltraTech Cement and Hero Motocorp.Among sectors, IT and auto witnessed some selling pressure, while buying seen in the FMCG, PSU bank, metal, pharma, energy and infra.Ideas for Profit | After recent troubles, which housing finance companies offer value.Castor seed price likely to rise after April due to demand-supply gap. Stock Jet Airways stock slips 6% after it grounds seven more aircraft. Bharat Dynamics extends rally; stock soars 26% in two trading daysONGC trades ex-interim dividend; stock gains 2%

Wednesday, February 27, 2019

MARKET SUMMARY 27-02-19

Benchmark indices ended lower as they remained volatile throughout the day amid tension on LoC.At close, the Sensex was down 68 points at 35905 while Nifty was down 28 points at 10806. About 1141 shares have advanced, 1359 shares declined, and 170 shares are unchanged. Bajaj Auto, Sun Pharma, Bharti Airtel, L&T, TCS, UltraTech Cement and UPL were among top gainers on the indices, while losers were Tata Motors, Vedanta, Kotak Mahindra Bank, HUL, NTPC, Bharti Infratel, Wipro and Titan Company.Among sectors, selling was seen in the IT, metal, FMCG and bank space, while buying seen in the auto, infra and pharma space.Maruti Suzuki India Wednesday launched the 2019 edition of its hatchback Ignis with updated safety features priced between Rs 4.79-7.14 lakh.Max India exits health insurance business; stock falls 8%.Corporation Bank, Dhanlaxmi, Allahabad Bank gain over 5% on PCA exit.Cement shares in focus; ACC, UltraTech, Ambuja Cements gain up to 5%.