Showing posts with label Sensex. Show all posts
Showing posts with label Sensex. Show all posts

Wednesday, 14 March 2018

HIGHLIGHT MCX UPDATE

HIGHLIGHT MCX UPDATE:

ZINC SELL CALL DONE 2ND TARGET 212.2 BOOK MORE PROFIT CMP 212.10 

HIGHLIGHT CASH CALL

HIGHLIGHT CASH CALL:


BUY BANKINDIA ABOVE 102.5 TARGETS 103.30 / 104.50 / 106.10 STOPLOSS 101.20
TIME 1:10 PM 

HIGHLIGHT FUTURE PREMIUM UPDATE

HIGHLIGHT FUTURE PREMIUM UPDATE:

BHARTIAIRTEL BUY CALL FIRST TARGETS 423.80 HAS ACHIEVED BOOK PARTIAL PROFIT CMP 424.10 TIME 11:10 AM 

HIGHLIGHT INDEX OPTION CALL:

HIGHLIGHT INDEX OPTION CALL: 

BUY BANKNIFTY 24700 (22 MARCH) ABOVE 250 TARGETS 280 / 320 / 370 STOPLOSS 210

Free Trial: https://goo.gl/G98Gfc

Sensex drops over 100 points, Nifty slips below 10,400; Fortis rallies 4%

NEW DELHI: Domestic stocks started Wednesday on a shaky wicket after dismissal of US Secretary of State roiled markets worldwide. The BSE Sensex dropped over 100 points to 33,766 while the broader NSE Nifty slipped below the crucial 10,400, down 32 points at 10,394.

Sentiment across the globe soured after US President Donald Trump fired his Secretary of State Rex Tillerson, extending a shake-up of his administration, amid growing fears of protectionism. Trump announced he would replace Tillerson with CIA Director Mike Pompeo.

Fortis Healthcare was trading 5 per cent up at Rs 160 on the BSE after reports that Malaysia's IHH Healthcare was set to launch a voluntary open offer to buy non-promoter shares of Fortis Healthcare in the next few days, nine months after walking out of bilateral negotiations with promoters Malvinder and Shivinder Singh who were then in control. PSU banks once again proved to be a soft spot.

Market extends slide; Sensex down 150 pts, Nifty below 10,400

With mixed global cues, the domestic market may see rangebound trade on Wednesday. Let’s check out what all might influence Dalal Street all through the day. Watch this space as we bring you LIVE updates of the day's proceedings from Dalal Street.

HIGHLIGHT OPENING BELL

HIGHLIGHT OPENING BELL: 

NIFTY OPENS AT 10393.05 -33.80 (-0.32%)

BANKNIFTY OPENS AT 24,629.65 -109.00 (-0.44%)

SENSEX OPENS AT 33733.55 -123.23 (-0.36%)

Free Trial: https://goo.gl/NQSe3X

Tuesday, 13 March 2018

HIGHLIGHT CLOSING BELL

 HIGHLIGHT CLOSING BELL: 

NIFTY CLOSE AT :10,426, 0.05% ( 5.45)

SENSEX CLOSE AT: 33856 61.16% (61.16)

BANKNIFTY CLOSE AT: 24738.65 -0.30 %

Market takes a sudden plunge; Sensex 300 pts off day's high

Volatility is back to haunt markets, which at one point was 300 points off its intra-day high. Watch this space as we bring you LIVE updates of the proceedings from Dalal Street.

HIGHLIGHT OPTION PRMM CALL:

HIGHLIGHT OPTION PRMM CALL:

 BUY DLF 230 CALL ABOVE 3.6 TARGETS 4.4 / 5.7 / 7 STOPLOSS 2.75 TIME 11.51 AM

Free Trial: https://goo.gl/NQSe3X

Easing India inflation reprieve for Asia's worst bond market

India’s inflation rate dropped below 5 percent for the first time in three months, giving the central bank room to keep interest rates on hold for longer while providing relief to battered bond investors. Government data on Monday showed inflation at 4.44 percent in February, lower than the 5.07 percent pace in January and below the 4.7 percent estimate of economists polled by Bloomberg News.

The easing for the second straight month offers bond investors in India -- the worst performing market among major Asian economies -- something of a temporary cheer. The benchmark 10-year bond yield fell three basis points to 7.60 percent.

“The sharp dip in retail inflation has reinforced our expectation that the MPC would keep the repo rate unchanged in the upcoming policy review in April, which may prompt a further easing of bond yields in the immediate term,” Aditi Nayar, economist at ICRA LtdBSE -1.22 %. said referring to the central bank’s Monetary Policy Committee that’s scheduled to meet April 4-5.

HIGHLIGHT FUTURE CALL


HIGHLIGHT FUTURE CALL: 

BUY DABUR ABOVE 331.10 TARGETS 332.10 / 333.50 / 335 STOPLOSS 329.50 TIME 10:07 AM

Free Trial: https://goo.gl/NQSe3X

HIGHLIGHT CASH CALL

HIGHLIGHT CASH CALL: 
BUY KOTAKBANK 1104 TARGETS 1112 / 1126 / 1142 / STOPLOSS 1091 TIME 9:23 AM

Free Trial: https://goo.gl/NQSe3X 

HIGHLIGHT OPTION CALL

HIGHLIGHT OPTION CALL:

BUY VOLTAS 660 CALL ABOVE 12 TARGETS 14 / 17 / 22 STOPLOSS 8.4

For Free Trial: https://goo.gl/NQSe3X

HIGHLIGHT OPENING BELL

NIFTY OPENS AT 10,389.50 -31.90 (-0.31%)

BANKNIFTY OPENS AT 24,624.60 -39.60 (-0.16%)

 SENSEX OPENS AT 33,818.22 -99.72 (-0.29%)
Free Trial: https://goo.gl/NQSe3X

Monday, 12 March 2018

Infosys plans to delist ADSs from Euronext Paris, Euronext London exchanges

BENGALURU: InfosysBSE 1.93 % plans to voluntarily delist its American Depositary Shares from Euronext Paris and Euronext London exchanges, as the low average daily trading volume was not commensurate with the related administrative requirements. The Bengaluru-headquartered company said there would be no changes to its shares and ADS count, its capital structure and float as a result of its proposed delisting from the exchanges. Infosys ADS will continue to be listed on the New York Stock Exchange. The delisting is subject to approval from Euronext Paris and Euronext London .

Infosys22.35 (1.92%) "Subject to the approval of the proposed delisting by Euronext Paris S.A. and Euronext London Limited, a sales facility will be provided by the company to the holders of ADS trading on the Euronext Paris and Euronext London exchanges. ADS holders, who opt for the sales facility will be able to sell their ADS on the NYSE in accordance with Euronext Paris and Euronext London rules," the company said in a statement.

Sensex logs biggest one-day gain since July, Nifty zooms past 10,400

NEW DELHI: The bulls finally gained an upper hand on Dalal Street, as the domestic stock market jumped nearly 2 per cent on Monday, on across the board buying amid bullish global cues. The 30-share Sensex gained 611 points or 1.83 per cent to close at 33,918 on Monday. The Nifty50 index closed 195 points or 1.90 per cent up at 10,421. While positive global cues provided the fuel for the rally, market participants embarked on low level buying ahead of macro data -- January IIP and February CPI inflation – scheduled to be released after market hours.

“It was an exceptional day for the equity market, as Nifty gained 2 per cent to zoom past the 10,400-level, while Sensex surged over 600 points. Short covering in latter half of the session triggered fresh momentum and almost all the sectoral indices participated in the upmove,” said Jayant Manglik, President, Religare Broking. “It was indeed a surprise upmove, but sustainability above 10,400 will be crucial for further recovery. Participants will react to macroeconomic data -- IIP and CPI inflation -- in early trade on Tuesday. We suggest traders limiting leveraged positions and continuing with stock specific trading approach,” he added. Broader BSE Midcap and smallcap indices trailed BSE benchmark Sensex and closed 0.76 and 0.56 per cent higher, respectively.

Tech view: Nifty forms a Long White Day; looks set for rally

NEW DELHI: The Nifty50 surged nearly 2 per cent on Monday to settle above its 100-day exponential moving average (EMA). In the process, the index formed a ‘Long White Day’ candle on the daily chart.

 This formation on the daily chart indicates that the bulls maintained buying pressure throughout the session. The middle and low price points of such a candle can prove a strong support for the index. “ Monday’s upmove was broadbased.

While it will be too early to conclude that a fresh leg of uptrend has started from the recent low of 10,141, its possibility can’t be ruled out if the index gets past the 10,631 level in the next two sessions,” said Mazhar Mohammad of Chartviewindia.in.

For the day, Nifty50 surged 194.55 points, or 1.90 per cent, to 10,421. It managed to hold above the 10,276-10,300 range and reclaimed near its previous week’s high levels, said Chandan Taparia of Motilal Oswal Securities. “The index has started forming higher highs and higher lows. The RSI indicator also turned from its deep oversold territory and, thus, short coverings are also visible in the market. The index has to continue to hold above 10,333 to extend its move towards the 10,500-10,525 zone. On the downside, support exists at the 10,300 level,” Taparia said.

Andhra Bank falls 13% as ED files charge sheet against former director in Rs 5K cr fraud

Andhra Bank shares tanked 12.7 percent intraday to hit a 52-week low of Rs 33.60 on Monday after the Enforcement Directorate filed a charge sheet against a former bank director in an alleged Rs 5,000-crore bank fraud case involving a Gujarat-based pharma firm.
The final report was filed before Additional Sessions Judge Sidharth Sharma against Anup Prakash Garg under the sections of Prevention of Money Laundering Act (PMLA).
The charge sheet, filed through ED's special public prosecutor Nitesh Rana, alleged that during the probe, the agency came across "certain entries" in a diary seized by the Income Tax Department in 2011 which showed various payments totalling about Rs 1.52 crore made to one "Mr Garg, Director, Andhra Bank" by Chetan Jayantilal Sandesara and Nitin Jayantilal Sandesara, directors Sterling Biotech, between 2008 and 2009.
"Various cash payments were made to Garg, as reflected in the said entries, on the instructions of the Sandesara brothers, by withdrawing cash from the bank accounts of several benami companies owned by them," it said.

Sensex climbs over 250 pts, Nifty50 above 10,300; Andhra Bank plunges 7%



Last week's trading failed to instill confidence among investors. Will Friday's strong surge in US stocks push the domestic market higher in an otherwise a data-heavy day? Let’s check out what all might influence Dalal Street all through the day. Watch this space as we bring you LIVE updates of the proceedings from Dalal Street.