We recommended traders to BUY INFOSYS above 1045 level and target of 1052-1062 may achieved with a stop loss of 1035.
We recommended traders to BUY VISHNU above 595 level and target of 600-607 may achieved with a stop loss of 588.
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Nifty ended 10493.00 UP 52.70 and Sensex 33940.30 UP 184.02 points.
Expect India to growth at 6.7% in FY18, 7.4% in FY19: IMF’s Maurice Obstfeld.
RBI warns of elevated NPA risks;pvt banks dud loan spike 41%.
Expect to become debt free after selling 100% stake in Mumbai power biz: Rel Infra.
Board has decided to apply for trading licences: NHPC.
Edelweiss aims 200-250% growth in AUM by FY’19.
TCS bags record $2.25 billion outsourcing contract with TV ratings firm Nielsen. » Read more
Equity benchmark indices open again on flat note today but market was in different mood as market was in bullish trend throughout the day tracking positive Asian markets and backed by Oil, Technology & Financial stocks, broader market also participated in the rally and both ended at fresh record high. Sensex was up by 184.02 points at 33940.30 and Nifty future was up by 43.00 at 10505.45.
All sectoral indices were positive today except Metal sector which closed with a marginal loss of 0.01%.Sectors that outperformed today were Technology, Banking, Oil and Finance. » Read more
Nifty ended 10440.30 DOWN 3.90 and Sensex 33756.28 DOWN 21.10 points
India imposes 30% import tax on chickpea, red lentils
Indian bonds hit near 1-1/2-year low on RBI officials’ inflation warning
Reliance Infrastructure sells Mumbai power business to Adanis for Rs 18,800 cr
ABB India wins Rs 134 cr order from railways
Zydus gets USFDA nod for hypertension drug
Expect Q3FY18 to see loan growth of 4-5% YoY: Muthoot Finance » Read more
Equity benchmark indices opened flat today tracking mixed global cues and no major directional movement along with low volumes seen today but Nifty Midcap closed at record high, up for 6th consecutive session. Sensex was down by 21.10 points at 33756.28 and Nifty future was down by 7.70 at 10462.45. » Read more
Equity benchmark indices opened on positive note and both Nifty future and Bank nifty future trading just above its 25 days simple moving average. Market was in bullish trend throughout the day and in the last one and a half hour market gained some momentum to close Nifty future 67.80 points up at 10472.15. The Sensex was up by 235.06 points at 33836.74.
The market breadth was positive as 1,862 shares advanced against a decline of 803 shares, while 160 shares were unchanged. » Read more
Equity benchmark indices opened on negative note as Nifty future open nearly 160 points down on Monday trade mainly due to voting counts indicated that BJP is leading in both states (Gujarat and Himachal Pradesh) but with small margin. After early fall in the market, it is U- turn for the equity benchmark indices as Bank Nifty future recovered 1700 points and Nifty future recovered nearly 360 points within an hour from day low and as vote counts indicated the BJP is set to win Gujarat and Himachal Pradesh after that market moved in sideways movement.. » Read more
Equity benchmark indices opened on positive note on last day of the week after the exit poll results indicated that BJP will likely to win in Gujarat and Himachal Pradesh assembly election. But after gap up opening market was range bound mainly because of investors are waiting for Gujarat assembly results due on 18th December. We have also seen Indian rupee rises 19 paise to 64.15 against dollar today.
HDFC Bank, Mahindra & Mahindra and Maruti Suzuki hit fresh record highs today, rising 2.6 %, 2.1 % and 0.7 %, respectively. » Read more