Nifty may open on negative note, shed 8 points

nifty-marketF&O Outlook:

Nifty PCR-OI has increased to 0.98 from 0.92. The rise in the ratio may be due to increase in PE of 9700 and decrease in CE of 10500. PE of 9800 and CE of 9900 are the highest number of contracts traded.

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 8 points at the opening bell.

Gold imports jump over 2-fold to $13.35 bn in April-July

India’s gold imports more than doubled to USD 13.35 billion during the April-July period of the current fiscal, according to the data of the commerce ministry, reported PTI. Gold imports, which has bearing on the country’s current account deficit (CAD), stood at USD 4.97 billion in April-July 2016-17. In July this year, imports of the precious metal rose to USD 2.10 billion from USD 1.07 billion in the same month of the previous year.

Gold prices inched up early on Wednesday after two days of losses, with investors awaiting minutes from the U.S. Federal Reserve’s last meeting in July for clues on the pace of potential interest rate hikes.
Spot gold inched 0.1 percent higher to $1,272.81 per ounce by 0357 GMT, after falling for two straight days.
U.S. gold futures for December delivery was down 0.1 %at $1,278.50 an ounce.
                    Trading Ideas
* Gold trading range for the day is 28949-29229.
* Gold prices edged lower, pulling back from their highest level in around two months as concerns about tensions between the U.S. and North Korea eased.
* India’s gold imports are likely to jump by a third in 2017 to 750 tonnes on restocking by jewellers and as good monsoon rainfall is expected to boost demand in rural areas.
For Trending Share Market News & Updates Just Visit – marketmagnify.com Or Give Miss call @7879881122.

Save

Markets open on a positive note on Wednesday

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.

The Sensex of the BSE after opening at 31,566.24 points, touched a high of 31,602.64 points and a low of 31,504.63 points.

On Monday the Sensex closed at 31,449.03 points. Tuesday was a holiday.

The Sensex is trading at 31,513.07 points up by 64.04 points or 0.20 per cent.

On the other hand, the broader 51-scrip Nifty at the National Stock Exchange (NSE) opened at 9,825.85 points after closing at 9,794.15 points.

The Nifty is trading at 9,819.25 points in the morning.

 

For Trending Share Market News & Updates Just Visit – marketmagnify.com/freetrial.php Or Give Miss call @7879881122

Save

Nifty PSU Bank index lone loser among sectoral indices

While other sectoral indices were gaining on NSE in Monday’s morning trade, the Nifty PSU Bank index was trading in the negative territory, with shares of IDBI Bank (down 1.42 %), Bank of Baroda (down 0.74%) and State Bank of India (down 0.61 %) in red.

 

However, other components in the index, including Andhra Bank(up 0.81 %), Oriental Bank of Commerce (up 0.51%), Punjab National Bank(up 0.50%) and Canara Bank(up 0.43 %) were trading in positive.
The Nifty PSU Bank index was trading 14 points down at 3,279 around 10.35 am (IST).Among the sectoral gainers, Nifty Realty index led, followed by Nifty Metal and auto indices.
In the Nifty 50 index, Cipla (up 5.92%), Adani Ports (up 3.14 %), Tata Steel (up 2.98 %), Eicher Motors (up 2.81%), HDFC (up 2.78%),Vedanta(up 2.38%) and Hindalco (up 2.29%) were gaining over 2 %.
However,BPCL(down2.51%),Bosch(down1.87%),DrReddy’s Laboratories(down 0.92%) and Larsen & Toubro (down 0.51%) were trading in red.
For Trending Share Market News & Updates Just Visit – marketmagnify.com/freetrial.php Or Give Miss call @7879881122

Save

शेयर बाजारों के शुरुआती कारोबार में तेजी

Indian Stock Market Tips| Commodity Trading Tips| Share Market Tips| Mcx Tips| Nifty Future Trading Tipsदेश के शेयर बाजारों के शुरुआती कारोबार में सोमवार को तेजी का रुख है। प्रमुख सूचकांक सेंसेक्स सुबह 10.00 बजे 224.72 अंकों की बढ़त के साथ 31,438.31 पर और निफ्टी भी लगभग इसी समय 75.15 अंकों की मजबूती के साथ 9,785.95 पर कारोबार करते देखे गए।

बम्बई स्टॉक एक्सचेंज (बीएसई) का 30 शेयरों पर आधारित संवेदी सूचकांक सेंसेक्स सुबह 85.93 अंकों की मजबूती के साथ 31299.52 पर, जबकि नेशनल स्टॉक एक्सचेंज (एनएसई) का 50 शेयरों पर आधारित संवेदी सूचकांक निफ्टी 44.95 अंकों की बढ़त के साथ 9,755.75 पर खुला।

अधिक जानकारी के लिए मिस्ड कॉल करे :- 7879881122

Share Market Updates – BSE Telecom index extends losses for the sixth session

Extending its losing-run for the sixth session, the BSE Telecom index was trading 0.20 % down at 1,390 around 11.27 am (IST) in Friday’s trade with shares of Vindhya Telelinks (down 1.83 %), Sterlite Technologies (down 3.04 %), Mahanagar Telephone Nigam (MTNL) (down 1.12%), Reliance Communications (down 0.94 %) and Bharti Airtel (down 0.56%) as the top losers in the index.

stock-market-1459321447-9022300
Reliance Communications saw some selling on reports that the National Company Law Tribunal is set to pronounce its decision on Monday on whether or not to consider the proposal of the merger between Reliance Communications’ wireless business and Aircel.

Stocks such as ITI (up 4.25 %), OnMobile Global (up 3.73 %), Himachal Futuristic Communications (up 2.97 %) and Tata Communications (up 2.95 %) were gaining in the index

Benchmark Nifty50 and Sensex remained low despite a fresh spell of buying emerged in pharma and banking stocks.

Nifty was trading 76 points lower at 9,743, while Sensex was 209 points down at 31,322 around 11.27 am (IST).

Axis Bank, State Bank of India and YES Bank, Lupin and Dr. Reddy’s Laboratories were trading in green in the Nifty chart, whereas Vedanta, hindalco, Hero MotoCorp and Reliance Industries were losing.

Shares of JP Associates, Suzlon Energy, Unitech, HCL Tech, HDIL, NCC, IFCI, Adani Power, South Indian Bank, Union Bank India, Tata Motors and IDFC Bank were among most traded securities on NSE.

In the Nifty50 pack, 14 stocks were trading in green, while 37 stocks were in red.

On BSE, 878 stocks were advancing whereas 1,379 stocks were lagging.

To Get More Trending Market News & Updates Visit – http://marketmagnify.com/freetrial.php Give Miss call @7879881122

Security and Intelligence Services debuts with 5% gains at Rs 855

Security and Intelligence Services (India) opened the first trade at Rs 855 on the National Stock Exchange, up 4.9 percent over its issue price of Rs 815.

The listing was on expected lines as the issue saw a subscription of 7 times.

download (8)
At 10:02 hours IST, the stock was trading at Rs 856.95, up 5.14 percent over issue price but down 2.6 % from pre-opening price.

In the pre-opening, the stock settled at Rs 879.80, higher by 8 percent from its issue price

The listing was on expected lines as the issue saw a subscription of 7 times.

At 10:02 hours IST, the stock was trading at Rs 856.95, up 5.14 percent over issue price but down 2.6 percent from pre-opening price.

In the pre-opening, the stock settled at Rs 879.80, higher by 8 percent from its issue priceThe funds raised through fresh issue would be used for repayment & pre-payment of a portion of certain outstanding indebtedness availed by company (about Rs 200 crore); funding working capital requirements (Rs 60 crore); and general corporate purposes.

The Security and Intelligence Services provides security services both in India and Australia with diverse solutions across the security spectrum. The portfolio of services includes security design and solutions, fire safety, event security, VIP protection, aviation security, emergency response, investigation work and integrated technology solutions providing man-tech solutions.

MORE SHARE MARKET NEWS & UPDATES VISIT –  https://www.marketmagnify.com/

GIVE MISS CALL @7879881122

1 2 3 75