Friday, August 30, 2019

ABR Venture –Indian Stock Market Update for Today


Nifty opens above 10,950, Sensex up 100 pts; Gruh Finance, Adani Green in focus

Market Opens: It is a positive start for the Indian indices on August 30 with Nifty around 11,000 level.

At 09:16 hrs IST, the Sensex is up 173.59 points or 0.47% at 37242.52, and the Nifty up 48.50 points or 0.44% at 10996.80. About 364 shares have advanced, 146 shares declined, and 22 shares are unchanged. 

JSW Steel, Vedanta, Tata Motors, Indiabulls Housing, Adani Green Gruh Finance, Power Grid, Yes Bank, Bajaj Finserv, Hero Moto, ITC are among major gainers on the indices in the early trade, while losers are Bharti Infratel, HCL Tech, Coal India, Cipla, BPCL and Sun Pharma.

Among sectors, except pharma and IT, other indices are trading higher led by the FMCG, metal, auto and infra

Rupee Opens: The Indian rupee opened flat at 71.78 per dollar on Friday versus Thursday's close 71.80.

Stocks in the news: HDFC Bank, Wipro, Adani Green, Future Retail, Lokesh Machines, Premier Explosives


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Thursday, August 29, 2019

Indian Stock Market News,Rupee Update & Results Today


Nifty opens below 11K, Sensex falls 150 points; sugar stocks in focus



Market Opens: It is a weak start for the Indian indices on August 29 with Nifty below 11,000 level.

The Sensex is down 151.90 points or 0.41% at 37299.94, while the Nifty is down 47.60 points or 0.43% at 10998.50. About 286 shares have advanced, 489 shares declined, and 28 shares are unchanged. 

Indiabulls Housing, Balrampur Chini, Dwarikesh Sugar, Dhampur Sugar, Yes Bank, JSW Steel, Tata Steel, Coal India, ICIC Bank, Cipla, Power Grid, DRL, Sun Pharma are among major gainers on the indices, while losers are Wipro, Lakshmi Vilkas Bank, TCS, Infosys, DHFL, Coffee Day, JMC projects, Wockhardt and Piramal Enterprises and Redington.

Among sectors, except pharma all other indices are trading lower led by the metal, bank, IT, infra, FMCG and energy.

Rupee Opens lower: The Indian rupee opened lower by 14 paise at 71.90 per dollar on Thursday versus previous close 71.77.

Stocks in the news: Nestle, Lakshmi Vilas Bank, Hexaware, Just Dial, Indiabulls Housing, JMC Projects


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Wednesday, August 28, 2019

Today Indian Stock Market News Update by ABR Venture


Sensex, Nifty open lower after 3-day rally; Tata Motors, Maruti fall

Market Update-

Benchmark indices started consolidating at around 11,100 on the Nifty and the formation of Doji candle also indicated indecisiveness among bulls and bears.

The BSE Sensex was down 4.14 points at 37,637.13 and the Nifty rose 9 points to 11,114.40.

The market breadth remained in favour of bulls as about 729 shares advanced against 417 declining shares on the BSE.

The sectoral trend was mixed with Pharma and IT rising more than half a percent. Banks and Auto fell marginally on profit booking.

Stocks in the news: HUL, IDBI Bank, Oberoi Realty, Power Grid, Dilip Buildcon, DHFL


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Tuesday, August 27, 2019

Today's Indian Stock Market News Update by ABR Venture


Market Live: Sensex gains over 100 pts, Nifty above 11,100 as RBI to transfer surplus to govt


Market Opening:

Benchmark indices started off trade on a positive note with the Sensex rising 138.98 points to 37,633.10 and the Nifty climbing 44.70 points to 11,102.60

Government to Get Big Amount from RBI
The Reserve Bank of India (RBI) will transfer a surplus of Rs 1.76 lakh crore to the government as it has approved the recommendations of Bimal Jalan committee at the central board meet held in Mumbai on August 26.

The transfer sum comprises of Rs 1.23 lakh crore of surplus for the financial year 2018-19 and Rs 52,637 crore of excess provisions identified under the revised Economic Capital Framework (ECF) that was adopted at the central board meet.

Gainers and Losers-

All Sectoral Indices Rally Except IT

Nifty Bank, Auto, Metal and Realty indices gained more than a percent each while IT index lost a percent on rising rupee.

Stocks in the news: Sun Pharma, Infosys, Pidilite, Kajaria Ceramics, Reliance Nippon Life


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Monday, August 26, 2019

Today's Indian Stock Market News Update by ABR Venture


Market Live: Nifty above 10,900, Sensex gains 340 pts on stimulus; metal stocks slip


Market Opens: It is a strong start for the indices on August 26 on the back of stimulus measure announcement by the Finance Minister Nirmala Sitharaman on August 23.

At 09:16 hrs IST, the Sensex is up 355.21 points at 37,056.37, while Nifty is up 108.60 points at 10,938. About 683 shares have advanced, 113 shares declined, and 32 shares are unchanged. 

HDFC, HDFC Bank, UCO Bank, Canara Bank, IndusInd Bank, Indiabulls Housing, Yes Bank, Adani Port, Eicher Motors , are among major gainers on the indices, while losers are Infosys, Tata Steel Vedanta, Hindalco and TCS.

Among sectors, except IT and metal all indices are trading in the green led by the PSU bank, auto, energy, infra and FMCG.

Rupee OpensThe Indian rupee slipped in the early trade on August 26. It opened lower by 32 paise at 71.98  per dollar against previous close 71.66.

Stocks in the news: Adani Ports, Alkem Lab, Cupid, NCL Industries, Lakshmi Vilas Bank


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Thursday, August 22, 2019

ABR Venture –Indian Stock Market News Update for Today


Sensex opens below 37K, Nifty below 10,900; LIC Housing, Indiabulls Housing fall 5%


Market Opens: It is a weak start for the Indian indices on August 22 with Nifty below 10,900.

The Sensex is down 91.50 points at 36968.87, while Nifty is down 33.40 points at 10885.30. About 190 shares have advanced, 366 shares declined, and 23 shares are unchanged. 

Yes Bank, Britannia, Dr Reddy's, ITC, Sun Pharma and M&M are some of the gainers in the early trade on the Indices, while losers include LIC Housing, Indiabulls Housing, JSW Steel, Tata Steel, Hindalco, Vedanta, Axis Bank, IndusInd Bank and ICICI Bank.

Among sectors, except pharma and FMCG other indices are trading lower led by the metal, auto, energy, infra and IT.

Rupee Opens: The Indian rupee opened flat at 71.56 per dollar on Thursday versus previous close 71.55.

Stocks in the news: LIC Housing, BHEL, Coffee Day, Redington, Jagran Prakashan, Urja Global


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Wednesday, August 21, 2019

ABR Venture –Indian Stock Market News Update for Today


Nifty around 11,000, Sensex flat; metal loses shine, auto stocks gain


Market Opens: Indian indices start the day on a flat note on August 21 

The Sensex is down 19.64 points at 37,308.37, while Nifty down 10.90 points at 11,006.10. About 269 shares have advanced, 376 shares declined, and 26 shares are unchanged. 

Biocon, Alembic Pharma, Sun Pharma, Maruti Suzuki, Infosys, TCS, NTPC, Power Grid, Bajaj Auto and Hero MotoCorp are among major gainers, while losers include Britannia, Yes Bank, Hindalco, Tata Motors, Vedanta, SPARC and Asian Paints.

Among sectors, except IT other indices are trading lower led by the metal, FMCG and energy.

Rupee opens higher: The Indian rupee gained in the early trade on Wednesday. It has opened higher by 25 paise at 71.45 per dollar versus previous close 71.70.
Stocks in the news: SPARC, SpiceJet, Alembic Pharma, Dr Reddys Labs, United Spirits, Deepak Nitrite

Results on August 21GTN Industries, Procter & Gamble Hygiene, Thakral Services, Valecha Engineering


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Tuesday, August 20, 2019

Indian Stock Market News,Rupee Update & Results Today


Sensex, Nifty open flat; Mahanagar Gas gains 10%, Yes Bank slips 2%



Market Opens: It is a flat start for the benchmark indices on August with Nifty around 11,050.

The Sensex is up 28.28 points at 37,430.77, while Nifty is up 1.30 points at 11,055.20. About 327 shares have advanced, 356 shares declined, and 31 shares are unchanged. 

Mahanagar Gas, Zee entertainment, Infosys, M&M, HDFC Bank, TCS are among major gainers on the indices, while losers include Britannia, Yes Bank, JSW Steel, IOC, Bharti Infra, Coal India , Tata Motors and ICICI Bank. 

Among sectors, FMCG and metal are witnessing selling pressure, while buying seen in the auto, infra, IT and pharma. BSE midcap and smallcap are trading flat.

Rupee Opens: The Indian rupee opened lower at 71.51 per dollar on Tuesday against previous close 71.43 yesterday.

Stocks in the news: Tata Motors, HFCL, Vodafone Idea, MRPL, DHFL, Kwality, LT Foods

Results on August 20: Nova Iron & Steel, Tantia Constructions, Ceenik Exports


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Monday, August 19, 2019

Indian Stock Market News,Rupee Update & Results Today


Nifty opens above 11,050, Sensex gains 150 pts; Interglobe Aviation up 3%



Market Opens: It is a positive start for the Indian indices on August 19 with Nifty 

The Sensex is up 206.35 points at 37,556.68, while the Nifty is up 61.80 points at 11,109.60.  About 552 shares have advanced, 197 shares declined, and 49 shares are unchanged. 

Interglobe Aviation, Sun Pharma, Titan, Indiabulls Housing, UPL, JSW Steel, Dr Reddy's Lab, Cipla, Bajaj Finserv, Axis Bank, Tech Mahindra, Hero Moto, Bharti Airtel, are some of the major gainers on the indices in the early trade, while losers are Unichem Lab, Power Grid, Zee entertainment, Asian Paints and M&M.

All the sectoral indices are trading in the green led by the pharma, IT, bank, auto, FMCG, infra and metal.

Rupee Opens: The Indian rupee opened marginally lower at 71.17 per dollar on Monday versus Friday's close 71.14.

Stocks in the news: Sun Pharma, Coffee Day, Bosch, Ujjivan Financial, Talwalkars Better, Info Edge

Results Today: CG Power and Industrial Solutions, Kwality, Opto Circuits, Dhruv Wellness, Glance Finance, Industrial Investment Trust, IITL Projects, Real Growth Commercial, Trident Tools


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Friday, August 16, 2019

ABR Venture –Indian Stock Market Update for Today


Sensex falls over 200 pts, Nifty below 11,000; Indiabulls Housing tanks 10%

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All sectoral indices traded in the red with Auto, IT, Metal and PSU Bank falling 1-2 percent.

Benchmark indices opened lower with the Sensex falling 234.77 points to 37,076.76 and the Nifty declining 74.20 points to 10,955.20.

Stocks in the news: Tata Motors, Indiabulls Housing, HEG, IDBI Bank, Hitachi Air, Galaxy Surfactants


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Wednesday, August 14, 2019

ABR Venture –Indian Stock Market Update for Today


Nifty above 10,950, Sensex up 100 points; pharma stocks under pressure


Market Opens: It is positive start for the Indian Indices with Nifty above 10,950 level.

The Sensex is up 87.71 points or 0.24% at 37045.87, and the Nifty up 24.70 points or 0.23% at 10950.60. About 479 shares have advanced, 301 shares declined, and 21 shares are unchanged.

Manappuram Finance, Cholamandalam Investment, L&T Finance, Indiabulls Housing, Zee Entertainment, JSW Steel, UIPL, Bajaj Finserv, Bajaj Finance , RIL, IndusInd Bank, Gail, Eicher Motors are among major gainers on the indices, while losers are Dr Reddy's Lab, Power Grid, Titan, Glenmark, HUL, Sun Pharma, and Maruti Suzuki.

Among sectors, except IT, FMCG and pharma other indices are trading higher led by the metal, auto, bank, energy and infra.

Rupee Opens: The Indian rupee gained in the early trade on Wednesday. It opened higher by 40 paise at 71 per dollar against previous close 71.40.

Stocks in the news: HDFC Life, Future Retail, ONGC, Apollo Hospitals, Coal India, Nalco


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Tuesday, August 13, 2019

ABR Venture –Indian Stock Market Update for Today


Sensex falls 100 pts, Nifty below 11,100; RIL gains 8% post AGM, Bank Nifty falls 1%


Market Opens: It is a flat start for the Indian indices in the truncated week as Nifty trading below 11,100.

At 09:19 hrs IST, the Sensex is down 117.43 points at 37464.48, while Nifty is down 32.90 points at 11076.80. About 438 shares have advanced, 522 shares declined, and 53 shares are unchanged. 

Reliance Industries, Gail India, BPCL, Yes Bank, Indiabulls Housing, Zee Entertainment, Tata Motors are some of the major gainers on the indices, while losers are NTPC, Bharti Airtel, Britannia Industries, Vedanta, M&M, Power Grid, HDFC, JSW Energy, HUL, Tech Mahindra, Inox, PVR and Dish TV.

Among sectors, except energy (up 2 percent), all other indices are trading in the red led by the infra, FMCG, metal, pharma, bank, auto and IT.

Rupee opens weak: The Indian rupee slipped in the early tarde on Tuesday. It opened lower by 36 paise at 71.14 per dollar versus Friday's close 70.78.

Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India


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Wednesday, August 7, 2019

ABR Venture –Today's Indian Share Market News Update


Nifty below 10,950, Sensex flat; Indiabulls Housing, Titan shed 4%


Market Opens: It is a flat start for the Indian indices on August 7 ahead of ahead of RBI monetary policy outcome later today.

The Sensex is up 34.75 points at 37,011.60, while Nifty is up 1.90 points at 10,950.20. About 407 shares have advanced, 292 shares declined, and 32 shares are unchanged. 

Yes Bank, Hindalco, Bajaj Auto, IOC, Gail and TCS are among major gainers on the indices, while losers are Indiabulls Housing, Lakshmi Vilas Bank, Titan, Tata Steel, Eicher Motors, Vedanta, Coal India, ICICI Bank and NTPC.

Among sectors, except metal other indices are trading with marginal gains. BSE midcap and smallcap are trading higher.

Rupee Opens: The Indian rupee slipped in the early trade on August 7. It opened lower by 15 paise at 70.96 per dollar versus Tuesday's close 70.81

Stocks in the news: RIL, Indiabulls Housing, L&T, Avenue Supermarts, Jet Airways, Tata Steel


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Tuesday, August 6, 2019

ABR Venture –Today's Indian Share Market News Update


Sensex gains 150 points, Nifty above 10,900; Berger Paints, SRF gain post Q1 nos


Market Opens: Indian indices are trading positive with marginal gains in the opening session amid weak global cues.

At 09:17 hrs IST, the Sensex is up 41.29 points at 36741.13, while Nifty is up 18.90 points at 10881.50. About 335 shares have advanced, 382 shares declined, and 28 shares are unchanged. 

Zee Entertainment, Yes Bank, Hindalco, Tata Steel, Titan, HUL, RIL, are among major losers on the indices in the early trade, while gainers are SRF, Tech Mahindra, Eicher Motors, IndusInd Bank, Berger Paints Axis Bank and Bajaj Finance.

Among sectors, except FMCG other indices are trading with marginal gains led by the PSU bank, auto, infra, metal, IT and energy.

Rupee Opens: The Indian rupee opened lower by 7 paise at 70.80 per dollar on Tuesday versus previous close 70.73.

Stocks in the news: Tata Motors, Berger Paints, SRF, Cox & Kings, Torrent Power, Bombay Dyeing


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