Tuesday, August 29, 2017

Stock Market Opening Bell & Market Update for 29-08-2017

Market Live: Nifty opens below 9,900, Sensex falls 100 pts; ACC, BoB lower

Equity benchmarks opened sharply lower on Tuesday on weakness in Asian peers after the launch of missile by North Korea.

The 30-share BSE Sensex was down 128.02 points at 31,622.80 and the 50-share NSE Nifty fell 41.95 points to 9,870.85.

ACC, Bank of Baroda and Tata Power were under pressure, down 1-2 percent after NSE decided to exclude these stocks from Nifty50. HPCL and UPL gained up to 2 percent on addition in Nifty50.

Nifty Midcap was down 0.5 percent on market breadth. About two shares declined for every share rising on the NSE.

DLF lost further, down 2 percent after losing 3.6 percent in previous session despite GIC deal.

Thyrocare, Fortis Healthcare, JP Associates, Biocon and Amara Raja Batteries gained up to 5 percent while Jaypee Infra, RBL Bank, 8K Miles, Dish TV, Bata India and Reliance Infrastructure fell up to 4 percent.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6283.02,+17.38

DOWJONES-21800,-37.50

HANGSENG-27736.89,-126.40

NIKKEI-19330.95,-118.95

SGXNIFTY-9864.50,-48.50

USDINR-63.87

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BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24436.47

R2:24509.23

S1:24309.47

S2:24255.23


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NIFTY SUPPORT & RESISTANCE LEVEL FOR 29-AUG-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:9941.47

R2:9967.93

S1:9886.42

S2:9857.83

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Monday, August 28, 2017

Stock Market Opening Bell & Market Update for 28-08-2017

Market Live: Sensex up over 150 pts, Nifty hits 9900; Nilekani lifts Infosys 4%

Equity benchmarks started off the week on a strong note, with the Nifty reclaiming 9,900 level, largely driven by Infosys.

The 30-share BSE Sensex was up 154.47 points at 31,750.53 and the 50-share NSE Nifty gained 40.15 points at 9,897.20.

Infosys surged 4 percent as CLSA upgraded the stock to buy from underperform and raised target price to Rs 1,070 from Rs 940 after co-founder Nandan Nilekani joined the company again as non-executive chairman. CEO choices & strategy should improve, the research house said.

Kotak Mahindra Bank, Eicher Motors, Reliance Industries, Hindalco Industries, Sun Pharma and ONGC were other gainers.

Dr Reddy's Labs, Hero MotoCorp, Asian Paints and ITC were under pressure.
Nifty Midcap gained 0.4 percent as about four shares advanced for every share falling on the exchange.

DLF, Adani Enterprises, Adani Power, Future Enterprises, Suzlon Energy, Ansal Housing, Nestle India, Bajaj Finserv and Bajaj Finance rallied up to 6 percent whereas PC Jeweller, Titan Company, Strides, Wockhardt and Cadila Healthcare were under pressure.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6265.64,-5.69

DOWJONES-21837.50,-22.50

HANGSENG-27959.69,+111.53

NIKKEI-19430.65,-21.96

SGXNIFTY-9893.50,+18.00

USDINR-64.06 

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0731-6507888 

BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24409.00

R2:24488.00

S1:24242.00

S2:24154.00 


0731-6507888

NIFTY SUPPORT & RESISTANCE LEVEL FOR 28-AUG-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:9895.62

R2:9911.23

S1:9858.53

S2:9836.53

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0731-6507888 

Thursday, August 24, 2017

Stock Market Opening Bell & Market Update for 24-08-2017

Market Live: Sensex opens mildly higher, Nifty above 9,850; Infosys gains further

Equity benchmarks opened moderately higher amid mixed Asian cues on Thursday.

The 30-share BSE Sensex was up 44.21 points at 31,612.22 and the 50-share NSE Nifty rose 12.25 points to 9,864.75.
Infosys, ITC, TCS, Reliance Industries, L&T, Sun Pharma, Lupin and M&M gained while HDFC Bank, Maruti Suzuki, Kotak Mahindra Bank, HUL, Bajaj Auto and SBI were under pressure.

Nifty Midcap was up 0.2 percent.

SREI Infrastructure shares gained 3.5 percent as Bharat Road Network IPO will open from September 6-8.

United Spirits, United Breweries, Alembic Pharma, Mcleod Russel, Praj Industries and Ugar Sugar Works gained up to 6 percent.

Fortis Healthcare, DLF, Allahabad Bank, Dena Bank, SPARC, Andhra Bank, Castrol, Jaypee Infratech and Union Bank were under pressure.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6278.41,-19.07

DOWJONES-21855,+122.50

HANGSENG-27549.89,+148.22

NIKKEI-19408.80,-25.84

SGXNIFTY-9870,+15.00

USDINR-64.12

www.abrventure.com

0731-6507888 

BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24417.53

R2:24518.47

S1:24162.83

S2:24009.83


0731-6507888 

NIFTY SUPPORT & RESISTANCE LEVEL FOR 24-AUG-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:9889.83

R2:9920.67

S1:9812.58

S2:9766.17

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0731-6507888 

Wednesday, August 23, 2017

Stock Market Opening Bell & Market Update for 23-08-2017

Market Live: Sensex rises over 100 pts in opening, Nifty around 9800; Midcap shines

Benchmark indices opened on a positive note, with the Nifty trading above 9800-mark in the opening tick amid consolidation.

The 30-share BSE Sensex was up 116.55 points at 31,408.40 and the 50-share NSE Nifty rose 35.15 points to 9,800.70.

Nifty Midcap Index gained 0.7 percent on positive market breadth. About four shares advanced for every share falling on the BSE.

Fortis Healthcare, DLF, Balaji Telefilms, BEML, HPCL, IOC, Gati, Eris Lifesciences, Patel Integrated, Snowman Logistics, Future Consumer, Indian Toner and Indo Count rallied up to 5 percent.

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0731-6507888

WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6297.48,+84.35

DOWJONES-21737.50,+67.50

HANGSENG-27401.36,+39.28

NIKKEI-19473.17,+89.33

SGXNIFTY-9808,+19.50

USDINR-64.10  

www.abrventure.com

0731-6507888