Search

Investment Destination

The Smarter Way to Invest

Market may open lower

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 53 points at the opening bell.

Overseas, Asian stocks fell amid concern over whether trade tensions with China can be mended. US stocks declined on Friday, 2 November 2018 as investors assessed whether the US and China will be able to ease trade tensions.

Back home,┬áthe market climbed on Friday, 2 November 2018 in line with global stocks as crude prices fell and the rupee extended gains to touch a one-month high. The Sensex rose 579.68 points or 1.68% to settle at 35,011.65, its highest closing level since 16 October 2018. More…..

Advertisements
Featured post

Market may open in negative zone

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 22 points at the opening bell. Hindustan Unilever and Reliance Industries will declare their results today, 17 January 2018.

Overseas, Asian shares were trading higher on Thursday as upbeat bank earnings bolstered Wall Street. In US, Wall Street’s major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment. The Dow Jones Industrial Average rose 141.57 points, or 0.59%, to 24,207.16, the S&P 500 gained 5.8 points, or 0.22%, to 2,616.1 and the Nasdaq Composite added 10.86 points, or 0.15%, to 7,034.69. More….

Shares hover in range; breadth positive

The market was trading in a narrow range with small gains in afternoon trade. At 13:18 IST, the barometer index, the S&P BSE Sensex, was up 56.60 points or 0.16% at 36,374.93. The Nifty 50 index was up 20.30 points or 0.19% at 10,907.10.Key benchmark indices drifted higher in early trade on positive Asian stocks. Stocks trimmed gains in morning trade. Key indices erased intraday gains and sink in negative zone in mid-morning trade.The S&P BSE Mid-Cap index was up 0.13%. The S&P BSE Small-Cap index was up 0.39%. More…….

Market drifts higher in early trade

Key benchmark indices drifted higher in early trade on positive Asian stocks. At 9:29 IST, the barometer index, the S&P BSE Sensex, was up 117.63 points or 0.32% at 36,435.96. The Nifty 50 index was up 31.65 points or 0.29% at 10,918.45.The S&P BSE Mid-Cap index was up 0.41%. The S&P BSE Small-Cap index was up 0.44%. Both these indices outperformed the Sensex.The market breadth, indicating the overall health of the market, was strong. On the BSE, 843 shares rose and 372 shares fell. A total of 55 shares were unchanged. More……

Market may open higher

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12 points at the opening bell.

Overseas, most Asian stock markets were trading higher supported by positive sentiment to China signaling more stimulus measures to come, including larger tax cuts, amid concerns of a slowdown in the world’s second-largest economy. US stocks snapped a two-session skid Tuesday, as a robust tech rally offset lackluster results from major US banks, including Dow-component JPMorgan Chase & Co.

In the UK, Prime Minister Theresa May’s plan to leave the European Union by a March 29 deadline was rejected overwhelmingly by the parliament, triggering more uncertainty as the country struggles to engineer an orderly exit from the trade bloc. In a crushing defeat, 432 members voted against May’s proposal while 202 voted in favor. More….

Shares continue trading on firm note

The market held firm at higher levels in afternoon trade. At 13:18 IST, the barometer index, the S&P BSE Sensex, was up 351.10 points or 0.98% at 36,204.66. The Nifty 50 index was up 108.85 points or 1.01% at 10,846.45. Gains were triggered on hopes of interest rate cut by RBI after latest data revealed that retail inflation as dropped sharply in December. Positive Asian stocks also boosted sentiment. More……

Market opens on a firm note

Domestic stocks opened on a firm note on positive Asian stocks. At 9:28 IST, the barometer index, the S&P BSE Sensex, was up 283.50 points or 0.79% at 36,137.06. The Nifty 50 index was up 84.70 points or 0.79% at 10,822.30. The Sensex regained the psychological 36,000 level in early trade.On the macro front, the all-India general CPI inflation eased to 2.19% in December 2018 (new base 2012=100), compared with 2.33% in November 2018. The corresponding provisional inflation rate for rural area was 1.65% and urban area 2.91% in December 2018 as against 1.71% and 3.12% in November 2018. The core CPI inflation was flat at 5.73% in December 2018 compared with 5.70% in November 2018. The data was announced after market hours yesterday, 14 January 2019. More……

Market extends fall

Stocks extended initial fall and hit intraday low in in morning trade. At 10:28 IST, the barometer index, the S&P BSE Sensex, was down 253.59 points or 0.7% at 35,756.25. The Nifty 50 index was down 84.80 points or 0.79% at 10,710.15.Domestic stocks drifted lower in early trade on negative Asian stocks. Data showing a sharp drop in IIP in November 2018 also dented sentiment. The Sensex dropped below the psychological 36,000 level. More……

Nifty slips below 10,800 mark

Key equity indices extended losses and hit fresh intraday low in early afternoon trade. At 12:27 IST, the barometer index, the S&P BSE Sensex, was down 145.04 points or 0.40% at 35,961.46. The Nifty 50 index was down 43.05 points or 0.40% at 10,778.55. The Sensex slipped below 36,000 mark. The Nifty slipped below 10,800 mark. Weakness in banks shares put pressure on benchmarks.The indices opened higher and hit fresh intraday higher in early deals. Indices sharply pared gains in morning trade. The market reversed trend and turned negative in mid-morning trade. Indices hit fresh intraday low in early afternoon trade. More….

Market trades almost flat

Key equity indices sharply pared gains and were trading almost flat in morning trade. At 10:20 IST, the barometer index, the S&P BSE Sensex, was up 23.27 points or 0.06% at 36,129.77. The Nifty 50 index was up 6.10 points or 0.06% at 10,827.70. Weakness in IT shares capped gains. Gains in ITC and HDFC twins supported bourses at lower levels.The indices opened higher and hit fresh intraday higher in early deals. Indices sharply pared gains in morning trade.Among secondary barometers, the BSE Mid-Cap index was down 0.12%. The BSE Small-Cap index was up 0.09%. More……

Blog at WordPress.com.

Up ↑