Stock Market Opening Bell & Market Update for 30-05-2018

Market Live: Sensex opens up 140 pts, Nifty above 10,650 ahead of F&O expiry

 

Benchmark indices started off the expiry day on a strong note, tracking positive trend in global peers on easing of Italy political concerns.

The 30-share BSE Sensex rallied 141.30 points to 35047.41 and the 50-share NSE Nifty gained 42 points at 10,656.40.

Jubilant Foodworks, Punj Lloyd, Apollo Hospitals, Deepak Fertilisers, Satin Creditcare, KNR Construction, Sadbhav Engineering and Saksoft surged up to 15 percent.

Manpasand Beverages, Vakrangee and V-Guard Industries fell up to 10 percent.

In South Korea, the Kospi advanced 0.44 percent while China's Shanghai Composite rose 1 percent and Hong Kong's Hang Seng gained 0.8 percent.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-7462.45,+65.86

DOWJONES-24667.78,+306.33

HANGSENG-30321.25,+264.460

NIKKEI-22152.74,+134.22

SGXNIFTY-10645.50,+31.00

USDINR-Rs 67.62 

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BANK NIFTY MARKET TREND FOR 31-MAY-2018

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25778.78

R2:25285.62

S1:26343.08

S2:26414.22

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NIFTY SUPPORT & RESISTANCE LEVEL FOR 31-MAY-2018

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10661.03

R2:10709.07

S1:10552.43

S2:10491.87

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Stock Market Opening Bell & Market Update for 30-05-2018

Market Live: Sensex falls 150 pts, Nifty below 10,600 on political turmoil in Italy

Benchmark indices extended yesterday's losses on Wednesday, tracking weakness in global stocks on political turmoil in Italy.

The 30-share BSE Sensex dropped 151.57 points to 34,797.67 and the 50-share NSE Nifty slid 63.30 points to 10,570.

Vedanta, Tata Motors, SBI, ICICI Bank, Bharti Airtel, Axis Bank and Grasim Industries fell up to 2.5 percent.

M&M, BPCL and Infosys are gainers in opening.

Nifty Midcap lost 156 points. Nifty Bank declined 237 points.

Dilip Buildcon, Glenmark Pharma, BEL, Eveready Industries, Vakrangee, Jain Irrigation, Canara Bank, Allahabad Bank and LIC Housing Finance slipped up to 6 percent.

Greenply Industries, Reliance Communications, Dish TV and Power Grid are gainers.

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Stock Market Opening Bell & Market Update for 28-05-2018

Market Live: Sensex reclaims 35K, opens up 100 pts; sharp fall in oil prices lift IOC, HPCL, BPCL

Benchmark indices started off trade on a positive note on Monday, following sharp correction in oil prices and recovery in rupee.

The 30-share BSE Sensex gained 107.70 points at 35,032.57 and the 50-share NSE Nifty rose 44.50 points to 10,649.70.

Bank of Baroda, IOC, HPCL, BPCL and Sun Pharma jumped up to 7 percent while Tech Mahindra and Vedanta are under pressure.

Nifty Midcap index gained 110 points.

Jet Airways, InterGlobe Aviation, Excel Industries, Indian Bank, Waterbase, Meghmani Organics, RCF, FACT, Balrampur Chini, Praj Industries, Triveni Engineering, Nalco, NBCC, Divis Labs, Dixon Tech and Himatsingka Seide rallied up to 6 percent.

PC Jeweller and IDBI Bank are under pressure.

The Indian rupee traded 27 paise higher at 67.49 against the US dollar in early trade after opening at 67.52.

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Stock Market Opening Bell & Market Update for 25-05-2018

Market Live: Sensex, Nifty open mildly higher; TCS, Infosys top gainers

Benchmark indices opened mildly higher on the last day of week, backed by technology stocks.

The 30-share BSE Sensex rose 63.47 points to 34,726.58 and the 50-share NSE Nifty gained 16.10 points at 10,530.

GAIL, Infosys, TCS, Yes Bank, Asian Paints, IOC, Bajaj Finance, Indiabulls Housing, Hindalco and HPCL are early gainers.

Vedanta, ITC, ONGC, Bharti Airtel, SBI, IndusInd Bank and Titan Company are under pressure.

Nifty Midcap gained 33 points.

Gujarat Alkali, United Spirits, United Breweries, Jet Airways, Cochin Shipyard and Sequent Scientific gained up to 10 percent.

Granules, Cummins, GSK Pharma and Pidilite Industries fell up to 5 percent.

Results today: Sun Pharma, Tech Mahindra, Bank of Baroda, Cadila Healthcare, Page Industries, IDBI Bank, Power Finance Corporation, Sundaram Finance, NBCC India, Max Financial, Karur Vysya Bank, Jagran prakashan, BEML and India Cements will announce results on Friday.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-7424.43,-1.53

DOWJONES-24811.76,-75.05

HANGSENG-30676.51,-83.90

NIKKEI-22463.54,+26.53

USDINR-Rs 68.38 

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BANK NIFTY MARKET TREND FOR 25-MAY-2018

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:26092.88

R2:26215.82

S1:25724.08

S2:25478.22

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NIFTY SUPPORT & RESISTANCE LEVEL FOR 25-MAY-2018

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10560.95

R2:10599.90

S1:10445.80

S2:10369.60

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Stock Market Opening Bell & Market Update for 23-05-2018

Market Live: Nifty breaks 10,500; SBI lifts PSU Bank over 3%

Asian stocks traded lower after US President Donald Trump's dissatisifed with the latest round of trade talks with China.

Benchmark indices started off trade on a flat note on Wednesday despite weakness in Asian peers.

The 30-share BSE Sensex declined 24.59 points to 34,626.65 and the 50-share NSE Nifty slipped 15.70 points to 10,521.

Tata Motors, HCL Technologies, SBI, TCS, Infosys, Indiabulls Housing Finance and Tech Mahindra are early gainers.

Vedanta declined 4 percent. IOC, HPCL and BPCL dropped over a percent.

Nifty Midcap index was down 19 points.

Andhra Bank declined 3 percent.

Care, Minda Industries, L&T Technology, Gravita, Music Broadcast, PC Jeweller, Ashok Leyland, Bharat Forge and Muthoot Finance gained up to 5 percent.

The rupee recovered a bit from opening lows, falling 12 paise to 68.16 against the US dollar.

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Stock Market Opening Bell & Market Update for 22-05-2018

Market Live: Nifty tests 10,500 amid consolidation; Just Dial, JP Associates rally

Benchmark indices started off trade on a flat note, tracking mixed trend seen in Asian stocks.

The 30-share BSE Sensex was up 30.63 points at 34,646.76 and the 50-share NSE Nifty rose 15.30 points to 10,532.

Coal India, ONGC, NTPC and BPCL were early gainers while Bharti Airtel, Lupin, SBI, Bharti Infratel, Grasim, M&M and Hindalco Industries were under pressure.

Nifty Midcap index was down 9 points.

Just Dial, Motilal Oswal, Triveni Engineering, Intellect Design, ACE and Astrazeneca gained up to 5 percent.

Mahanagar Gas, Globus Spirits, Redington, DLF, Future Retail, Hatsun Agro, Jet Airways, Canara Bank, Bank of India, Bank of Baroda and IFCI were down up to 6 percent.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-7394.04,+39.70

DOWJONES-25013.29,+298.20

HANGSENG-31234.35,+186.44

NIKKEI-22997.74,-4.63

SGXNIFTY-10533,-9.50

USDINR-Rs 68.08

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BANK NIFTY MARKET TREND FOR 22-MAY-2018

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:26012.48

R2:26215.02

S1:25664.93

S2:25519.92

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NIFTY SUPPORT & RESISTANCE LEVEL FOR 22-MAY-2018

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10607.47

R2:10673.08

S1:10498.77

S2:10455.68

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Stock Market Opening Bell & Market Update for 21-05-2018

Market Live: Sensex, Nifty open higher; Amara Raja, Century Textiles plunge

Benchmark indices started off trade marginally higher, following positive trend in Asian stocks. Investors digested final outcome of Karnataka election.

The Sensex was up 78.21 points at 34,926.51 and the Nifty gained 13.50 points at 10,609.90. 

SBI gained 1.5 percent after Bhushan Steel-Tata Steel deal. ICICI Bank was up 1 percent.

UltraTech Cement was up 1.6 percent and Century Textiles fell 8 percent after cement business deal.

HPCL, TCS, Hindalco Industries, Coal India, Grasim Industries,Indiabulls Housing Finance, Bajaj Finance, Maruti, Infosys, Axis Bank, Wipro, ITC, Hero Motocorp and Sun Pharma were under pressure.

The Nifty Midcap index was down 55 points.

Kitex Garments plunged 16 percent post disappointing earnings. Amara Raja Batteries, Capcite Infra, Balaji Telefilms, Future Lifestyle, Thermax, Ashok Leyland, Strides Shasun, Crompton Consumer and Inox Wind fell up to 5 percent.

The Indian rupee declined on Monday. It has opened lower by 11 paise at 68.12 per dollar versus 68.01 Friday.

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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-7354.34,-28.13

DOWJONES-24715.09,+1.11

HANGSENG-31432.30,+384.39

NIKKEI-23031.25,+100.89

SGXNIFTY-106224.50,+9.50

USDINR-Rs 67.95

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BANK NIFTY MARKET TREND FOR 21-MAY-2018

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25709.10

R2:25797.50

S1:26471.20

S2:26400.50

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0731-4986981