6 May 2015

Today Live Afternoon Stock Market Tips Updates

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Afternoon the Stock market continues to nosedive as the Nifty cracks more than 2 percent to slip below the 8150 mark. The 50-share index is down 193.35 points or 2.3 percent at 8131.45. The Sensex is down 604.64 points or 2.2 percent at 26835.50 Bank Nifty leads the fall, down almost 3 percent while heavyweights like TCS, Infosys, SBI and Reliance slip below their 200-day moving average.
Midcaps too are having a rough ride as the index plunges more than 3 percent with the advance decline ratio extremely weak at around 1:10 in favor of the declines. BHEL is down 5 percent while NTPC, Vedanta, L&T and ICICI Bank are major losers in the Sensex. Bharti is still up 2 percent. Globally, Asian and European markets trade mixed. In commodities, Brent Crude prices spike up further to trade above 68 dollars per barrel.
The Nifty dropped 187.95 points or 2.26 percent to 8136.85, dragged by banks, capital goods, oil and technology stocks. The rising oil to a 4-month high on Middle East concerns and Greece issues dampened the investors' sentiment on street. BHEL and NTPC fell more than 4.5 percent followed by L&T, Vedanta, Tata Power, Ambuja Cements, NMDC and BPCL with 3.5-4 percent loss.

5 May 2015

Today Indian Stock Market News Tips Updates

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The Indian Stock Market is gaining strength bit by bit. The Sensex is up 74.99 points at 27565.58 and the Nifty is up 19.75 points at 8351.70. About 1275 shares have advanced, 864 shares declined, and 136 shares are unchanged. ONGC, Tata Steel, TCS, L&T and Vedanta are top gainers in the Sensex. Cipla, Bharti Airtel, Bajaj Auto, Coal India and HDFC are losers.
However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.4 percent each. Advancing shares outnumbered declining ones by a ratio of 1052 to 754 on the BSE. HDFC, ITC, Infosys, Mahindra & Mahindra, Bharti Airtel, Bajaj Auto, Cipla, NTPC and Coal India lost 1-2 percent while Tata Steel topped the buying list on Sensex, up 3.4 percent. TCS, Larsen & Toubro, ONGC, HUL, Vedanta and Hindalco gained 1-2 percent.
The Information Technology (IT) shares are in limelight today; after US-based Cognizant Technology Solutions Corporation raised its revenue and profit forecasts for the year ending 31 December 2015.The BSE IT index has gained 0.3 percent 10,615. Core Education & Technologies has soared almost 6 percent at Rs. 8.36. Nucleus Software Exports, NIIT and Mind Tree have surged 3 percent each at Rs. 214, Rs. 37.20 and Rs. 1,298, respectively.

4 May 2015

Live Indian Stock Tips; Today Market Recommendations

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Today The Stock market continues its momentum boosted by Pharma, oil, banks and FMCG stocks. The Sensex is up 295.98 points or 1 percent at 27307.29 and the Nifty is up 91.25 points or 1 percent at 8272.75. About 1645 shares have advanced, 523 shares declined, and 119 shares are unchanged. ONGC and Cipla are up 4 percent while Hindalco, M&M and Bajaj Auto are top gainers in the Sensex. Among the losers are Tata Motors, Bharti Airtel, L&T and Wipro.
Shares of ONGC and Oil India rose 4-5 percent intraday as the government has decided to scarp fuel subsidy-sharing. Chris Wood, CLSA said Greed & Fear is going to make some small adjustments in the Asia Pacific (ex-Japan) relative-return portfolio this week. The market remained strong in morning trade, rising over a percent led by short covering in banking & financials, FMCG, healthcare, select auto and oil stocks.
The Sensex climbed 284.54 points to 27295.85 and the Nifty jumped 79.45 points to 8260.95. Nearly four shares advanced for every share declining on the Bombay Stock Exchange. The BSE Midcap and Smallcap indices gained 0.5 percent and 1.2 percent, respectively. ONGC and Oil India gained 3.5-4 percent after finance ministry official said the government will bear entire fuel subsidy from now.