Monday, February 26, 2018

Stock Market Opening Bell & Market Update for 26-02-2018

Market Live: Sensex begins week 100 points higher, Nifty reclaims 10,500; pharma sees cuts
Equity benchmarks began the week on a positive note, tracking positive global cues.

The Sensex is up 109.15 points or 0.32% at 34251.30, while the Nifty is up 33.30 points or 0.32% at 10524.30. The market breadth is positive as 510 shares advanced, against a decline of 123 shares, while 102 shares are unchanged.

Nifty Pharma is likely to be witnessing some profit booking after days of upmove last week. All other sectoral indices are trading in the green, with financials and auto leading the pack.

Dr Reddy’s and Sun Pharma are the top losers on both indices, while Tata Steel, Adani Ports and Vedanta have gained the most.

The Indian rupee opened higher by 8 paise at 64.65 per dollar on Monday versus 64.73 Friday.


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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ- 7337.39,+127.30

DOWJONES-25309.99,+347.51

HANGSENG-31485,+217.33

NIKKEI-22178,+280.22

SGXNIFTY-10560,+55.50

USDINR-Rs 64.82 


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BANK NIFTY MARKET TREND FOR 26-FEB-2018


BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25559.77

R2:25714.83

S1:25099.82

S2:24794.93


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NIFTY MARKET TREND FOR 26-FEB-2018


ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10553.22

R2:10599.43

S1:10423.52

S2:10340.03


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Thursday, February 22, 2018

Stock Market Opening Bell & Market Update for 22-02-2018


Market Live: Sensex opens over 100 pts lower, Nifty around 10,350; IT continues to gain

Benchmark indices began the day on a negative note, with the Sensex cracking over 100 points. The Nifty was trading below 10,350-mark.

The Sensex is currently down 117.85 points or 0.35% at 33727.01, and the Nifty is down 52.95 points or 0.51% at 10344.50. The market breadth favours the decline as 192 shares advanced, against a decline of 329 shares , while 91 shares are unchanged.

All sectoral indices are trading in the red, while midcaps are also trading weak. Nifty PSU bank index is down over 1 percent.

Wipro, Bajaj Auto and Kotak Mahindra Bank are the top gainers, while ONGC, BPCL, Aurobindo Pharma and SBI have lost the most.


0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE


ABR WORLD MARKET UPDATE:

NASDAQ-7218.23,-16.08

DOWJONES-24797.78,.166.97

HANGSENG-31140,-288.89

NIKKEI-21763.50,-209.81

SGXNIFTY-10354.50,-47.50

USDINR-Rs 64.81


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BANK NIFTY MARKET TREND FOR 22-FEB-2018


BANK NIFTY TREND: BEARISH

BANK NIFTY LEVELS

R1:25025.63

R2:25135.27

S1:24791.23

S2:24666.47


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NIFTY MARKET TREND FOR 22-FEB-2018


ABR NIFTY TREND: BEARISH

NIFTY LEVELS

R1:10418.77

R2:10448.53

S1:10350.32

S2:10311.63


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Tuesday, February 20, 2018

Stock Market Opening Bell & Market Update for 20-02-2018

Market Live: Sensex flat, Nifty still below 10,400; PSU Bank index falls 1%

Benchmark indices opened mildly higher with the Sensex rising over 100 points but immediately trimmed gains to trade flat as volatility continued ahead of expiry of February futures & options contracts later this week.

The 30-share BSE Sensex was up 19.27 points at 33,793.93 and the 50-share NSE Nifty fell 3 points to 10,375.40.

Nifty Midcap index fell 73 points.

PNB, Allahabad Bank, Union Bank, Bank of Baroda, Bank of India, GMR Infrastructure, Adani Power, JSPL, Nalco and Jaiprakash Associates were down 1-4 percent.

Fortis Healthcare, Bhushan Steel, Amtek Auto, Kaya and JSW Energy gained 1-5 percent.


0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ- 7239.46,-16.97

DOWJONES-25219.38,+19.01

HANGSENG-31222.50,+107.05

NIKKEI-21911,-238.21

SGXNIFTY-10399,-6.50

USDINR-Rs 63.90


0731-4986981

BANK NIFTY MARKET TREND FOR 20-FEB-2018

BANK NIFTY TREND: BEARISH

BANK NIFTY LEVELS

R1:25317.42

R2:25562.58

S1:24833.62

S2:24594.98


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NIFTY MARKET TREND FOR 20-FEB-2018

ABR NIFTY TREND: BEARISH

NIFTY LEVELS

R1:10496.97

R2:10578.43

S1:10282.07

S2:10188.63


0731-4986981

Monday, February 19, 2018

Stock Market Opening Bell & Market Update for 19-02-2018

Market Live: Sensex falls 100 pts, PSU Bank dips 1%; Bhushan Steel up 20%

The market started off the week on a negative note, with the Nifty and Nifty Bank trading well below its Friday's low due to further correction in PSU banks.

The 30-share BSE Sensex was down 117.30 points at 33,893.46 and the 50-share NSE Nifty fell 45.10 points to 10,407.20.

PSU Bank index fell over 1 percent. UCO Bank, Union Bank of India, Allahabad Bank, PNB and City Union Bank declined 3-10 percent on PNB fraud case.

Natco Pharma, Jet Airways, SpiceJet, InterGlobe Aviation, GVK Power, Jai Corp and KPR Mills gained 0.5-4 percent.


0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ- 7239.46,-16.97

DOWJONES-25219.38,+19.01

HANGSENG-31115.43,+599.83

NIKKEI-21720.25,0.00

SGXNIFTY-10487,+24.00

USDINR-Rs 63.90 


0731-4986981

BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25483.83

R2:25767.62

S1:25022.43

S2:24844.82


0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 19-FEB-2018

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10561.50

R2:10680.65

S1:10376.70

S2:10311.05


0731-4986981