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Showing posts with label nifty trends today. Show all posts
Showing posts with label nifty trends today. Show all posts
Friday, 11 March 2016
Wednesday, 9 March 2016
Nifty Opens Below 7450
MarketMagnify Is a leading Stock Advisory Company In India.We are Providing Intraday tips , Intraday Stock tips ,Intraday trading tips on mobile with 90-95% accuracy level.
The market has opened sharply lower on Wednesday following weak global cues.
Lower oil prices and China's growth concerns hit global markets.
The Sensex fell 183.11 points to 24476.12 and the Nifty declined 51.40 points to 7433.90.
Lupin, Coal India, Maruti, NTPC and ONGC are top gainers while Hindalco, ICICI Bank, Tata Steel, Tata Motors and BHEL are losers in the Sensex.
Lower oil prices and China's growth concerns hit global markets.
The Sensex fell 183.11 points to 24476.12 and the Nifty declined 51.40 points to 7433.90.
Lupin, Coal India, Maruti, NTPC and ONGC are top gainers while Hindalco, ICICI Bank, Tata Steel, Tata Motors and BHEL are losers in the Sensex.
Thursday, 3 March 2016
Wall Street rises late
MarketMagnify Is a leading Stock Advisory Company In India.We are Providing Intraday tips , Intraday Stock tips,Intraday trading tips on mobile with 90-95% accuracy level.
Energy and bank stocks led Wall Street higher on Wednesday, adding to a rally in the previous session, after strong jobs data dispelled concerns over the health of the US economy. Concern lingered that the US economy was on a weaker footing than thought, but recent data including a better-than-expected reading on private sector job creation last month has helped dispel those worries and given equities support.
The improvement in US economic data, including manufacturing, construction spending and auto sales earlier this week, rekindled expectations that the Federal Reserve could raise rates at least once later this year, giving a boost to bank shares.
Indian Rupee Opens 67.40 Rs per Dollar
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The Indian rupee has climbed further as it opened with a gain of 14 paise on Thursday at 67.40 per dollar. It closed at 67.54 on Wednesday.
"Improved oil and commodity prices and pick-up in US economic data has changed the sentiment to risk-on."
"Improved oil and commodity prices and pick-up in US economic data has changed the sentiment to risk-on."
Wednesday, 2 March 2016
Indian Rupees Opens 12 Paise Higher at 67.74 per Dollar
MarketMagnify Is a leading Stock Advisory Company In India.We are Providing Intraday tips , Intraday Stock tips,Intraday trading tips on mobile with 90-95% accuracy level.
The Indian rupee extended upmove on Wednesday by opening at 67.74 a dollar, up 12 paise compared to 67.86 in previous session.
This consistent recovery is led by rally in equity markets on hopes of rate cut post pricing in Union Budget.
Tuesday, 1 March 2016
Live Market Updates: Sensex surges over 400 pts
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The Sensex is up 415.64 points or 1.8 percent at 23417.64
About 1035 shares have advanced, 259 shares declined, and 44 shares are unchanged.
The Sensex is up 415.64 points or 1.8 percent at 23417.64
Rupee gains 17 paise
MarketMagnify Is a leading Stock Advisory Company In India.We are Providing Intraday tips ,Intraday Stock tips,Intraday trading tips on mobile with 90-95% accuracy level.
The Indian rupee gained 17 paise in the early trade on Tuesday. It has opened at 68.26 per dollar versus 68.43 Monday.
"The fiscally prudent Budget and expectations of further monetary easing by Reserve Bank of India (RBI) helped both currency and bond markets."
The Indian rupee gained 17 paise in the early trade on Tuesday. It has opened at 68.26 per dollar versus 68.43 Monday.
"The fiscally prudent Budget and expectations of further monetary easing by Reserve Bank of India (RBI) helped both currency and bond markets."
Asia markets mixed, with Shanghai up 0.3%, Nikkei off 1%
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Asia markets were mixed Tuesday morning, with eyes on China after the central bank's surprise reserve requirement ratio (RRR) cut to free up liquidity. Japan's benchmark Nikkei 225 shed 1.05 percent.
The South Korean market is closed for a public holiday.
Chinese markets wavered between positive and negative after the RRR cut and worse-than-expected manufacturing data, with the Shanghai composite up by 0.31 percent, while the Shenzhen composite gained 0.7 percent. Hong Kong's Hang Seng Index added 0.28 percent.
S&P 500 Slides Below Closely Watched Threshold
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Wall Street ended lower on Monday, falling out of lockstep with oil prices as energy and healthcare shares lost ground.
US indexes gave up early gains despite a 3 percent rally in US oil prices. Stocks and oil have been strongly correlated in recent months as crude prices tanked to decade lows, and their movements in opposite directions during the session was notable to investors.
Monday, 29 February 2016
Budget 2016: Rupee opens lower by 9 paise at 68.69 per dollar
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The Indian rupee opened lower by 9 paise at 68.69 per dollar on Monday versus 68.60 Friday.
Today said there is more scope for lowering of interest rates by the RBI as inflation is under control.
Asia trades mixed; China shares tumble
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Chinese markets tumbled at the open Monday, but other markets in Asia were mixed by mid-morning, with Japan extending its gains from the previous week.
Analysts expect some rocky trading this week amid a deluge of economic data in the region. Chinese markets opened in negative territory, with the main Shanghai composite down 4.07 percent while the Shenzhen composite slipped 5.7 percent.
"Markets look set for a volatile week as a raft of data releases globally set markets up for a dramatic reweighting of growth expectations," wrote Angus Nicholson, a market analyst at IG, in his morning note.
Thursday, 25 February 2016
Railway Budget Key Updates
· Railway Minister : Rs.50 crore to be provided for start-ups by railway employees
· No mention of passenger fares, freight rates
· Railway Minister : Will evolve models to determine revenue potential of at least 20 stations in next 3 months
· Railway Minister : Circuit trains to connect important pilgrim centres
· Railway Minister : First phase of new Kolkata Metro to be completed by 2018
· Railway Minister : To install Hi-tech centralised Network Of 20,000 screens On 2000 stations
· Railway Minister : Mumbai needs a robust transport system - two elevated suburban corridors between Churchgate and Virar, CSTM and Panvel
· Railway Minister : Introduce Antyodaya Express, superfast train for long routes
· Railway Minister : 17,000 Bio-toilets in Trains and additional toilets at 475 stations by FY16-end
· Railway Minister : We will introduce sub quota of 33% to women in ticket reservation
· Railway Minister : A new train between Varanasi and Delhi, Mahamana Express with modern refurbished coaches
· Railway Minister : To commission wifi service at 100 stations this year. 400 stations to get wifi facility in the next two years
· Railway Minister : 50 percent more outlay for railway electricificaiton
· Railway Minister : Expect commissioning of 2500 km of broadguage line, 30% higher than last year
· Railway Minister : This is the Budget that reflects aspiration of common citizens
· Railway Minister : Expect to generate revenue of Rs 1,84,820 crore
Today Indian Market Open Flat
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The Nifty is down 5.80 points at 7012.90
and the Sensex is down 8.75 points at 23080.18.
Rupee up 9 paise
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China shares stumble, as Asia markets trade mixed
Intraday Asian Market update only at:- www.marketmagnify.com/aboutus.php
Some Asian markets rebounded Thursday following Wall Street's reversal of sharp intraday losses overnight on the back of higher oil prices, but it wasn't enough to support the Chinese, Australian and Hong Kong markets. China's Shanghai composite was lower by 1.22 percent, while the Shenzhen composite dropped 1.4 percent.
Concerns were raised over China this week after the People's Bank of China set the yuan mid-point rate notably lower at 6.5273 to the dollar on Tuesday, down 0.17 percent from Monday's fix. Today's mid-point was set at 6.5318.
Indian ADRs: HDFC Bank, Wipro, Dr Reddy's Lab down
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Indian ADRs ended mixed on Wednesday. In the IT space, Infosys was up 0.19 percent at USD 16.84 and Wipro was down 0.11 percent at USD 11.29.
In the banking space, ICICI Bank was up 0.02 percent at USD 5.46 and HDFC Bank was down 0.44 percent at USD 52.34.
Tuesday, 23 February 2016
Indian ADRs: Tata Motors, Dr Reddy's Lab, Infosys up
Indian ADRs ended higher on Monday. In the banking space, ICICI Bank was up 0.07 percent at USD 5.72 and HDFC Bank gained 0.61 percent at USD 55.31. In the IT space, Infosys added 0.50 percent at USD 16.89 and Wipro was down 0.07 percent at USD 11.55.
In the other sectors, Tata Motors gained 0.78 percent at USD 23.96 and Dr Reddy's Laboratories rose 0.75 percent at USD 45.33.
Rupee opens marginally lower at 68.65 per dollar
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The Indian rupee opened marginally lower by 5 paise at 68.65 per dollar versus 68.60 Monday.
"Strong rally in commodities resulted in strong rally in equities and commodity currencies, while some stabilisation in Europe and China also lent some support."
Wall Street lifted by muscular oil rally but some still skittish
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Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently crushed energy stocks, including Chevron and Schlumberger. As it has for months, Wall Street followed the lead of global oil prices in a trend that has left the S&P 500 down 5 percent so far in 2016, following a partial recovery last week.
Friday, 19 February 2016
Bajaj Auto May Head Higher
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Bajaj Auto yesterday looked pretty good, in fact it has actually broken out of a congestion zone above Rs 2,400 and once it is above Rs 2,400 it would gather some momentum and chances are that you would see the stock moving up forward on the upside."
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