Monday, March 11, 2019

MARKET SUMMARY OF 11 MAR 2019

Both Sensex, and Nifty recorded their highest level in 2019. The S&P BSE Sensex closed above 37000 for the first time since September 19, 2018, while Nifty50 reclaimed 11,100 levels for the first time since September 21. Lok Sabha elections will begin on April 11 and polling would be held over seven phases till May 19, followed by counting of all votes on May 23, the Election Commission announced the dates over the weekend.

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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