Stock Market Opening Bell & Market Update for 28-12-2017

Market Live: Nifty above 10,500 in opening, Midcap outperforms Sensex; metals shine

Equity benchmarks rebounded with mild gains amid volatility on Thursday morning, ahead of expiry of December futures and options contracts.

The 30-share BSE Sensex was up 51.96 points at 33,963.77 and the 50-share NSE Nifty gained 21 points at 10,511.80.

Hindalco Industries, Vedanta, Aurobindo Pharma, BPCL, Lupin, HUL, Tata Steel, Coal India and Dr Reddy's Labs were early gainers.

The Nifty Midcap was up 0.24 percent.

Star Cement, Monnet Ispat, Reliance Communications, Kolte-Patil Developers and Hindustan Copper rallied 4-12 percent.

The Indian rupee has slipped to its lowest level since December 18, trading at around 64.26 against the US dollar while 10-year bond yield rose to 7.33 percent, the highest level since July 13, 2016.

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Stock Market Opening Bell & Market Update for 27-12-2017

Market Live: Sensex opens above 34,000, Nifty trades flat; Reliance Comm surges 20%

Equity benchmarks started off trade on a flat note on Wednesday due to lack of global and domestic cues.

The 30-share BSE Sensex was up 34.98 points at 34,045.59 and the 50-share NSE Nifty fell 4.60 points to 10,526.90. About 907 shares advanced against 334 declining shares on the BSE.

Vedanta, GAIL, Yes Bank, Cipla, Dr Reddy's Labs, Tata Steel, Hero Motocorp, UPL and Maruti Suzuki were early gainers.

BPCL, UltraTech Cement, Indiabulls Housing, ICICI Bank, Coal India, IOC and HPCL were under pressure.

Reliance Communications surged 20 percent on mega debt restructuring plan.

Sanghi Industries, Prestige Estates, Aban Offshore, Prataap Snacks, ITD Cementation, Glenmark Pharma, Jaiprakash Associates, Jindal Steel and Lanco Infratech rallied 1-8 percent.

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Stock Market Opening Bell & Market Update for 26-12-2017

Market Live: Sensex hits 34000 for first time, Nifty at record high; Tata Power, GAIL gain

The Indian market began the truncated week on a positive note, with the Nifty trading above 10,500-mark.

At 09:16 hrs IST, the Sensex is up 60.81 points or 0.18% at 34001.11, while the Nifty is up 7.30 points or 0.07% at 10500.30. The market breadth was positive as 596 shares advanced, against a decline of 163 shares, while 81 shares were unchanged.

TCS, BHEL, Tata Power and GAIL were the top gainers, while Tata Motors DVR, ITC, Infosys and Sun Pharma lost the most.

The Indian rupee opened marginally higher at 64.03 per dollar on Tuesday versus 64.05 on Friday

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Stock Market Opening Bell & Market Update for 21-12-2017

Market Live: Sensex rebounds, Nifty opens above 10,450; Hero Moto, Hindalco lead

Equity benchmarks rebounded in opening on Thursday, with the Nifty reclaiming 10,450 level, backed by select auto, technology, metals and pharma stocks.

The 30-share BSE Sensex was up 64.49 points at 33,841.87 and the 50-share NSE Nifty rose 20 points to 10,464.20. About 984 shares advanced against 265 declining shares on the BSE.

Bharti Airtel, Axis Bank, Wipro, IndusInd Bank, ICICI Bank and Kotak Mahindra Bank were early losers. Hero MotoCorp, GAIL, Hindalco, Eicher Motors, Maruti Suzuki and UPL were early gainers

Mahindra and Mahindra was down 1.4 percent as stock trades ex-bonus today. Nifty Midcap was up 0.5 percent.

Reliance Nippon, Pidilite Industries, PVR, Ajanta Pharma, Reliance Communications, Monnet Ispat, Gokaldas Exports, Videocon Industries, Wockhardt and Unitech rallied 1-6 percent while Bank of India and Motherson Sumi were down 1 percent each.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6960.96,-2.89

DOWJONES-24726.65,-28.10

HANGSENG-29364.11,+130.02

NIKKEI-22806.28,-85.44

SGXNIFTY-10462,-6.00

USDINR-Rs 64.05 

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BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25753.77

R2:25856.73

S1:25589.77

S2:25528.73 

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NIFTY SUPPORT & RESISTANCE LEVEL FOR 21-DEC-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10501.55

R2:10531.50

S1:10444.65

S2:10417.70

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Stock Market Opening Bell & Market Update for 19-12-2017

Market Live: Nifty opens above 10,400, Sensex gains 100 pts; M&M, Titan at new high

Equity benchmarks extended previous day's rally on Tuesday opening, with the Sensex rising more than 100 points, following positive global cues.

The 30-share BSE Sensex was up 112.49 points at 33,714.17 and the 50-share NSE Nifty rose 35.90 points to 10,424.70. About 786 shares advanced against 221 declining shares on the BSE.

Eicher Motors, UPL, Aurobindo Pharma, Vedanta, Tata Motors, Tata Steel, SBI and Yes Bank were early gainers while Bharti Airtel, HDFC, TCS, Wipro and Infosys were losers.

M&M, PI Industries and Titan Company hit fresh record highs.

The Nifty Midcap index gained 0.6 percent and Nifty Bank was up 0.4 percent.

Godawari Power, REC, PFC, Indiabulls Real Estate, PNB, Titan Company, JM Financial and NMDC were up 1-4 percent.

Major Asian indexes were mostly higher after US stocks closed the Monday session at record highs

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6994.76,+58.18

DOWJONES-24792.20,+140.46

HANGSENG-29290.12,+239.71

NIKKEI-22878.86,-22.91

SGXNIFTY-10426,+25.50

USDINR-Rs 64.09

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BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:26276.33

R2:26911.17

S1:24503.33

S2:23365.17

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NIFTY SUPPORT & RESISTANCE LEVEL FOR 19-DEC-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10560.53

R2:10710.12

S1:10160.68

S2:9910.42

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Stock Market Opening Bell & Market Update for 18-12-2017

Market Live: Sensex sinks 800 pts, Nifty falls 200 pts as Gujarat polls counting underway

Equity benchmarks stated off the week sharply lower on Monday as latest voting counts indicated that BJP is leading in both states (Gujarat and Himachal Pradesh) but with small margin.

The 30-share BSE Sensex was down 740.11 points or 2.21 percent at 32,722.86 and the 50-share NSE Nifty fell 208.80 points or 2.02 percent to 10,124.50.

Out of 30 stocks, only 1 stock is trading in green, which is Cipla after getting tentative approval from the US Food and Drug Administration for HIV drug, Darunavir hydrate (75-800 mg).

About five shares declined for every share rising on the BSE.

The Indian rupee was sharply lower by 25 paise to 64.29 against the US dollar in early trade, following weakness in equity markets.

Asian markets were mixed amid optimism that a plan to reduce corporate taxes would be passed in the US.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6936.58,+80.05

DOWJONES-24651.74,+143.08

HANGSENG-28943.58,+95.47

NIKKEI-22820.81,+267.59

SGXNIFTY-10346,-16.00

USDINR-Rs 64.09 

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BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25598.95

R2:25669.90

S1:25448.10

S2:25368.20

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NIFTY SUPPORT & RESISTANCE LEVEL FOR 18-DEC-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10390.07

R2:10423.53

S1:10333.07

S2:10309.53

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6875.80,+13.48

DOWJONES-22980,+70.00

HANGSENG-28865.92,-300.46

NIKKEI-22494.76,-199.69

SGXNIFTY-10364.50,+76.00

USDINR-Rs 64.27 

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BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25327.38

R2:25435.87

S1:25027.23

S2:24835.57

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0731-6507888