Tag Archives: Intraday trading tips

Budget Impact: Sensex sheds near 840 points, Nifty at 10,760

Budget, live market update, share market tipsA heavy shock has been witnessed in the Indian stock markets after the Finance Minister presented the Union Budget-2018 on Thursday, wherein he brought Long Term Capital Gain under the tax net and fixed a higher fiscal deficit target for the fiscal 2019 which got highly disappointed investors’ sentiment. Market sentiment suffered one more setback after Fitch Ratings today said high debt-burden of the govt constrains India’s rating upgrade.

The Sensex nosedived 839.91 points or 2.34% to a low of 35,066.75 as its biggest one-day fall in 2½ years duration, with all the sectoral indices trading in the negative zone, while the NSE Nifty slumped 256.30 points, or 2.33% to 10,760.60 points at closing hours on Friday.

All the BSE sectoral indices ended lesser with utilities, power and realty sector leading the losses, while Bajaj Auto Ltd, Bharti Airtel, Axis Bank, Maruti Suzuki and Reliance were among the top losers.

Banking stocks led by Yes Bank, State Bank of India, ICICI Bank, Kotak Mahindra Bank, HDFC LTD and IndusInd Bank suffered losses to a tune of 3.80% percent.

Other losers that dragged the key indices from their significant levels were ONGC, Tata Steel, Mahindra & Mahindra, Maruti Suzuki, Hero Motocop, Power Grid, Asian Paints, Coal India and Reliance Industries.

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Stock Tips Tomorrow- Nifty settles at 10,558; Airtel, Idea gain

stock future calls, Money Maker Research, Financial Services, daily equity report, equity tips, Intraday trading tips, free stock trading tips, market closing report, stock market prediction, Day trading tips, Live Nifty ChartNifty, Sensex ended higher on Friday making their respective intraday record highs with midcap stocks outshined. BSE Sensex jumped 184.21 points or 0.54% to conclude at 34,153.85 while NSE Nifty added 54.05 points or 0.51% to finish at 10,558.85.

Shares of private sector lender Yes Bank gained 6.57 percent intraday high of Rs 337.95 on Friday for the first time after inclusion in the index, emerging as the biggest gainers among the Sensex stocks on Friday and the largest contributor in rising up the index.

Shares of Bharti Airtel advanced more than 3 percent as the company added over 40 lakh subscribers recently. The stock of Bharti Airtel rose 3.79% to the day’s high of Rs 542.25 before settling up 3.36% at Rs 540 on BSE.

The NSE’s broad market indices such as Nifty Next50, Nifty-100, Nifty-200 Nifty Midcap etc advanced in a range of 0.6 to 1.4 percent. On the other hand, 10 out of the 11 sectoral indices of NSE ended in green with Nifty Pvt Bank, Nifty Media, Nifty Auto and Nifty FMCG leading the rally.

Shares of Idea Cellular gained at its best on Friday after the company made a plan to raise up to Rs 6,750 crore on Thursday which is inclusive of Rs 3,250 crore preferential allotment of equity shares. The stock of Idea Cellular recorded 13.73 percent to the day’s peak of Rs 118.90 before closing up 10.28 percent at Rs 115.3 on NSE.

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Day Trading Tips- Sensex, Nifty Open slightly Higher; PSU Bank, Capital Good’s Gain

Top stock BUY SELL, Money Maker Research, Stock Tips Tomorow, Best Stock TipsKey benchmark indices picked up a little higher on against previous sessions of closing as the largest part of the Asian markets inched up on the back of strong economic data from the US and Germany.

The BSE Sensex rose 31.97 points at 33,825.35 and the NSE Nifty added 11.3 points at 10,454.5 in the later morning hours.  Shares of HDFC Bank, Asian Paints, L&T and ITC contributed to the indices upsurge. Shares of Reliance Communications (RCom) extended yesterday’s losses, fell over 4 percent.

Shares of ONGC, Asian Paints, Dr Reddy’s, IndusInd Bank, Larsen & Toubro, Coal India, Tata Steel and ITC gained up to 1.65 percent while ICICI Bank, Tata Motors, Sun Pharma, Yes Bank and Bajaj Auto lost up to 1.4 percent.
Sectoral indices of NSE mostly settled in green with Nifty Metal and Nifty PSU Bank leading the rally while Nifty Auto & Nifty IT index swung into losses.

Rupee: The Indian rupee is trading at 63.61 to the US dollar down by 0.10 percent from its Wednesday’s close of 63.54.

COMEX Gold succeeded a 3- month top yesterday as record high US equities triggered some profit booking in the metal. MCX Gold futures settled above Rs 29, 200 per ten grams yesterday and should see a slack opening today.

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