Tuesday, October 30, 2018

Stock Market Opening Bell & Market Update for 30-10-2018


Nifty above 10,200, Sensex down 100 pts; OMCs stock under pressure

Market Opens: Benchmark indices open lower on Tuesday with Sensex is down over 100 points, while Nifty is holding above 10,200.

At 09:16 hrs IST, the Sensex is down 103.45 points or 0.30% at 33963.95, and the Nifty down 39.40 points or 0.38% at 10211.50.

Tata Motors, Hindalco, Gail, Yes Bank, HCl Tech, IndusInd Bank, Asia, Paints are the major gainers on the indices. Oil marketing copnies HPCL, BPCl, IOC are trading lower by 1.3 percent.

Asia trades lower: Asian shares came under pressure on Tuesday after Wall Street peers finished weaker, hurt by fresh worries about the US-China trade war and were on track for their biggest October decline since the 2008 financial crisis.

SGX Nifty: Trends on SGX Nifty indicate a gap down opening for the broader index in India, a fall of 55 points or 0.54 percent. Nifty futures were trading around 10,221-level on the Singaporean Exchange.

Stocks in the news: BPCL, Just Dial, Union Bank, HDFC AMC, Airtel, Man Industries


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WORLD MARKET UPDATE BY ABR VENTURE


ABR WORLD MARKET UPDATE:

NASDAQ-7050.29,-116.92

DOWJONES-24442.92,-245.39

HANGSENG-24763.46,-48.58

NIKKEI-21316.33,+166.53

SGXNIFTY-10240,-36.00

USDINR-Rs 73.41 


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BANK NIFTY MARKET TREND FOR 30-10-2018

BANK NIFTY TREND: BEARISH

BANK NIFTY LEVELS

R1:25264.38

R2:24485.57

S1:24646.63

S2:24250.07 


0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 30-10-2018

ABR NIFTY TREND: BEARISH

NIFTY LEVELS

R1:10375.05

R2:10466.15

S1:10124.20

S2:9964.45


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Friday, October 26, 2018

Stock Market Opening Bell & Market Update for 26-10-2018


Market Live: Nifty breaks 10,100 in opening, Sensex falls 150 pts amid weak Asian cues 

Equity benchmarks opened sharply lower on Friday morning with the Nifty breaking 10,100 levels amid weak Asian cues.

The 30-share BSE Sensex was down 167.16 points at 33,522.93 and the 50-share NSE Nifty declined 51.70 points or 0.51 percent to 10,073.20.

Nifty Midcap index fell half a percent.

NBFC, PFC, Ujjivan Financial, Equitas Holding, Ceat, Crompton Consumer and Jubilant Foodworks were under pressure among midcaps. Biocon, Raymond, L&T Technology and Intellect Design gained 1-5 percent.

The Indian rupee slipped 15 paise in opening trade against the US dollar on strong demand for the American currency on Friday.It opened at 73.42 per dollar against previous day's closing of 73.27.

Stocks in the News: JSW Steel, CEAT, Yes Bank, Bharti Airtel, Raymond, Biocon, Crompton Greaves


0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE


ABR WORLD MARKET UPDATE:

NASDAQ-7318.34,+209.94

DOWJONES-24984.55,+401.13

HANGSENG-24651.33,-343.13

NIKKEI-21221.50,-47.23

SGXNIFTY-1122,-61.00

USDINR-Rs 73.27 


0731-4986981

BANK NIFTY MARKET TREND FOR 26-10-2018


BANK NIFTY TREND: BEARISH

BANK NIFTY LEVELS

R1:25093.77

R2:25234.68

S1:24815.97

S2:24679.08 


0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 26-10-2018

ABR NIFTY TREND: BEARISH

NIFTY LEVELS

R1:10222.12

R2:10269.68

S1:10124.82

S2:10075.08


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Wednesday, October 24, 2018

Stock Market Opening Bell & Market Update for 24-10-2018


Market Live: Indices see a strong start as Sensex gains over 400 points, Nifty above 10,250

Market opens Indices are off to a great start on Wednesday morning, with the Nifty surging past 10,250-mark. 

Buying is visible across sectors, with maximum gains seen among financials, energy, metals, pharma and consumption names. 

In the broader markets, the midcap index is up over 1 percent. 

The Sensex is up 426.32 points or 1.26% at 34273.55, while the Nifty is higher by 133.40 points or 1.31% at 10280.20. The market breadth is positive as 394 shares advanced, against a decline of 93 shares, while 3,095 shares were unchanged.

The Indian rupee is trading strong today. It opened over 30 paise higher to previous close and is currently trading around 73.26 per US dollar

Stocks in the news: Wipro, HCL Tech, Ambuja, ICICI Pru, Bajaj Auto, Sun Pharma, Salzer Electronics



0731-4986981

Wednesday, October 17, 2018

Stock Market Opening Bell & Market Update for 17-10-2018


Nifty scales past 10,700 in opening, Sensex soars 400 points; Infy up 3%


Market opens It is a strong start to the market on Wednesday morning on the back of strong global cues. The Nifty has opened above 10,700-mark, while the Sensex is trading higher by over 400 points. 

There’s buying across all sectors, with maximum gains visible among banks, IT, and automobiles, among others. In the broader markets, the Nifty Midcap index is trading higher by over a percent as well. 

Infosys’ shares have risen 3 percent on the back of good results and an order book as well. 

Other top gainers include Yes Bank and Eicher Motors. Among top losers are ONGC and BPCL.  

The Indian rupee opened at a two-week high of 73.41 per dollar on Wednesday versus previous close 73.46.

Stocks in the News: RIL, Infosys, Mahindra CIE, CRISIL, NHPC, Hero, Shakti Pumps, IIFL



0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE


ABR WORLD MARKET UPDATE:

NASDAQ-7645.49,+214.75

DOWJONES-25798.42,+547.87

HANGSENG-25462.26,+17.20

NIKKEI-22907.73,+358.49

SGXNIFTY-10707,+122.00

USDINR-Rs 73.97 


0731-4986981

BANK NIFTY MARKET TREND FOR 17-10-2018


BANK NIFTY TREND: BEARISH

BANK NIFTY LEVELS

R1:25805.62

R2:25948.73

S1:25418.52

S2:25174.53 


0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 17-10-2018

ABR NIFTY TREND: BEARISH

NIFTY LEVELS

R1:10620.48

R2:10561.12

S1:10537.73

S2:10485.62


0731-4986981

Tuesday, October 16, 2018

Stock Market Opening Bell & Market Update for 16-10-2018


Positive start on D-Street; Nifty hovers around 10,550; Infosys in focus ahead of Q2 nos

Market Opens: It is a positive start on the Dalal Street with Nifty is trading around 10,550, while Sensex is up 100 points.

 Sensex is up 69.48 points or 0.20% at 34934.58, and the Nifty up 20.50 points or 0.20% at 10533.

Share of Infosys is trading higher by 1 percent as company is going to announce its second quarter numbers later today.

Midcap and smallcap are trading with 0.5 percent gain.

Shares of Hathway Cable & Datacom and DEN Networks gained 6 percent on a report that Reliance Industries is likely to buy controlling stake in both the companies.

Delta Corp, Yes Bank, IndusInd Bank, Titan, Vedanta, Asian Paints are trading higher, while Wipro, Axis Bank, BPCL, Dr Reddy's Lab are on the losing side.

The Indian rupee opened marginally higher at 73.80 per dollar on Tuesday versus previous close 73.83.

Stocks in the news: Infosys, South Indian Bank, Zee Media, Indiabulls Housing, IFCI



0731-4986981

Monday, October 15, 2018

Stock Market Opening Bell & Market Update for 15-10-2018


Market Live: Sensex, Nifty open flat but Midcap outperforms, banks weak; rupee at 73.80/$

Benchmark indices opened flat on Monday amid weak Asian cues. The 30-share BSE Sensex fell 3.91 points at 34,729.67 and the 50-share NSE Nifty declined 6.30 points to 10,466.20.

Nifty Midcap index gained 80 points. AU Small Finance Bank, Jay Bharat Maruti, Praj Industries, Bajaj Hindusthan, Triveni Engineering, Shree Renuka, CESC, Balrampur Chini, Info Edge and Dilip Buildcon rallied 1-8 percent. Avenue Supermarts fell 6 percent.

Avenue Supermart is down, while Yes Bank, HDFC, TCS, Indiabulls Housing, Dhampur Sugar, Praj Industries are among the major gainers in the pre-opening trade

The Indian rupee slipped in the early trade on Monday. It has opened lower by 24 paise at 73.80 per dollar on Monday versus Friday close 73.56.



0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-7496.89,+167.83

DOWJONES-25399.99,+287.16

HANGSENG-255;04.35,-297.14

NIKKEI-22379.48,-315.18

SGXNIFTY-10462,-17.00

USDINR-Rs 73.79


0731-4986981

BANK NIFTY MARKET TREND FOR 15-10-2018


BANK NIFTY TREND: BEARISH

BANK NIFTY LEVELS

R1:25614.32

R2:25821.68

S1:25099.82

S2:24792.68



0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 15-10-2018

ABR NIFTY TREND: BEARISH

NIFTY LEVELS

R1:10556.33

R2:10626.12

S1:12369.33

S2:10252.15


0731-4986981

Friday, October 12, 2018

Stock Market Opening Bell & Market Update for 12-10-2018


Sensex surges 400 points in opening, Nifty above 10,350; banks lead the way
 Top buy & sell ideas by Ashwani Gujral, Mitessh Thakkar, Prakash Gaba for short term 
Market opens After the drubbing yesterday, equities have begun the session on a strong note. The Nifty has soared past 10,350, while the Sensex is higher by 400 points. 

All sectoral indices are trading in the green, with maximum gains visible among banks, auto, metals and pharmaceutical sectors. The Nifty Midcap index is higher by 2 percent. 

The Sensex is up 419.39 points or 1.23% at 34420.54, while the Nifty is higher by 135.10 points or 1.32% at 10369.80. The market breadth is positive as 624 shares advanced, against a decline of 168 shares, while 2635 shares were unchanged.

The Indian rupee gained in the early trade on Friday. It has opened higher by 29 paise at 73.83 per dollar versus 74.12 yesterday.

Stocks in the news: TCS, GM Breweries, HUL, Bank of Baroda, OnMobile Global, PNC Infratech


0731-4986981