Thursday, September 19, 2019

Indian Stock Market News & Rupee Update for 19-Sep-2019


Nifty below 10,800, Sensex down 100 pts; Yes Bank slips 4%, NALCO gains 2%

Market Opens: It is flat start for the Indian indices on the back of mixed gloabl cues.

At 09:18 hrs IST, the Sensex is down 91.55 points or 0.25% at 36472.33, and the Nifty down 33.30 points or 0.31% at 10807.40. About 353 shares have advanced, 383 shares declined, and 30 shares are unchanged.

Nalco, Vodafone India, Bharti Airtel, Tata Motors, HDFC Bank, are among major gainers on the Indices, while losers are ICICI Bank, NMDC, REC, Yes Bank, Zee Entertainment, Coal India, Tata Steel, Tech Mahindra and Infosys.

Among sectors, metal, IT, auto, energy and bank are witnessing selling pressure, while smallcap and midcap index trading flat.

Rupee Opens: The Indian rupee opened lower by 11 paise at 71.35 per dollar on Thursday versus previous close 71.24.

Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra


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Tuesday, September 17, 2019

Indian Stock Market News & Rupee Update for 17-Sep-2019


Nifty below 11,000, Sensex flat; STC, Kaveri Seed, SAIL in focus



Market Opens: Benchmark indices opened on negative note with Nifty slipped below 11,000 level.

The Sensex is down 112.62 points or 0.30% at 37010.69, and the Nifty down 32.30 points or 0.29% at 10971.20. About 405 shares have advanced, 232 shares declined, and 27 shares are unchanged.

Titan, Bharti Airtel, Yes Bank, Kaveri Seed, SAIL are some of major gainers on the indices, while losers are STC, MMTC, Indiabulls Housing, BPCL, IOC and HCL Tech.

Among sectors, auto, FMCG, metal and pharma are trading higher, while selling seen in the energy, bank, infra and IT.

Rupee Opens: The Indian rupee opened lower by paise 23 at 71.82 per dollar on Tuesday versus previous close 71.59.

Stocks in the news: DLF, Aavas Financiers, TCS, NBCC, Kaveri Seed, Wipro, Mindtree, TRF

Gold price today: Yellow metal hovers near Rs 38,100; use dips to buy for a target of Rs 38,330


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Monday, September 16, 2019

ABR Venture-Indian Stock Market News & Updates for 16-Sep-2019


Nifty around 11K, Sensex falls 170 pts; OMCs under pressure after Saudi drone attack



Market Opens: It is weak start for the market on Monday with Nifty around 11,000 level.

The Sensex is down 176.72 points at 37,208.27, while Nifty is down 60.90 points at 11,015. About 332 shares have advanced, 502 shares declined, and 63 shares are unchanged. 

BPCL, IOC, HPCL, Asian Paints, Yes Bank, RIL, UPL, Tata Motors, L&T, M&M, SBI, Equitas Holdings are among major losers on the indices, while gainers are Indiabulls Housing, HUDCO, BEL, ONGC and GAIL.

Among sectors, except FMCG and IT other indices are trading in the red. Midcap and smallcap also trading lower.

Rupee Opens: The Indian rupee slipped in the early trade on Monday. It has opened lower by 70 paise at 71.62 per dollar versus Friday's close 70.92.

Stocks in the news: Bharat Electronics, Monsanto, Bayer Crop, Andhra Bank, Prabhat Dairy, Canara Bank


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Thursday, September 12, 2019

Indian Stock Market News & Rupee Update for 12-Sep-2019


Indices trade higher, Nifty holds 11,050; ICICI Bank, Tata Steel up 3%

Market Opening:

Benchmark indices opened higher with the Sensex rising 100.44 points to 37,371.26 and the Nifty50 climbing 27.80 points to 11,063.50.


Stocks in the news:

Dr Reddy's Labs, Titan, L&T Finance, SBI Life, Reliance Nippon, Alkem Labs, Khadim

Rupee Opening

The Indian rupee opened higher at 71.43 against the US dollar, up 22 paise compared to Wednesday's close of 71.65.

Gold Prices Fall
Gold prices dipped as hopes for a thaw in the US-China trade tensions lifted risk appetite, while some investors booked profits ahead of a meeting by the European Central Bank.
US gold futures fell 0.1 percent to $1,501.70 per ounce.


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Monday, September 9, 2019

Indian Stock Market News & Rupee Update for 09-Sep-2019


Nifty opens below 10,900, Sensex falls 100 pts; auto stocks under pressure



Market opens: It is negative start for the Indian indices with Nifty below 10,900.

At 09:18 hrs IST, the Sensex is down 151.08 points or 0.41% at 36830.69, and the Nifty down 42.40 points or 0.39% at 10903.80. About 375 shares have advanced, 369 shares declined, and 55 shares are unchanged.

Asian Paints Indiabulls Housing, UPL and Sun Pharma and Cipla, are among major gainers on the indices, while losers are Maruti Suzuki, Tata Motors, Eicher Motors, M&M, Hero MotoCorp, HDFC Bank, Kotak Mahiondra Bank, Axis Bank and JSW Steel, Yes Bank, TCS and Bajaj Finance.

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

Rupee Opens: Indian rupee opened flat at 71.70 on Monday against Friday's close of 71.72 per dollar.

Stocks in the news: Canara Bank, NBCC, PNB, DHFL, Shilpa Medicare, Avenue Supermarts


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Friday, September 6, 2019

ABR Venture –Indian Stock Market News Update for Today


Nifty below 10,900, Sensex gains 100 pts; Indiabulls Housing falls 7%


Market Opens: It is a positive start for the Indian indices with Nifty around 10,900 on September 6.

The Sensex is up 152.84 points at 36797.26, while Nifty up 36.50 points at 10,884.40. About 386 shares have advanced, 199 shares declined, and 20 shares are unchanged. 

PFC, REC, SBI, Bajaj Finance, Tech Mahindra. Tata Motors, Infosys, Vedanta, Bharti Airtel, are among major gainers on the indices, while losers are DLF, JSPL, Indiabulls Housing, Sun Pharma, HDFC Bank and Yes Bank.

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

Rupee Opens: The Indian rupee opened flat at 71.85 per dollar on Friday versus previous close 71.84.

Stocks in the news: Bajaj Finance, Tech Mahindra, TCS, Karur Vysya Bank, Datamatics Global


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Tuesday, September 3, 2019

ABR Venture –Indian Stock Market News Update for Today


Market Live: Nifty around 10,900, Sensex falls 350 pts; IOC slips 4%, PSU banks, auto in focus


Market Opens: It is weak start for the Indian indices on September 2 with Nifty slipped below 10,950 level

The Sensex is down 279.58 points at 37,053.21, while Nifty is down 92.20 points at 10,931.10. About 267 shares have advanced, 523 shares declined, and 57 shares are unchanged. 

CG Power, Power Grid, KNR Construction, Dilip Buildcon, Syndicate Bank, Tech Mahindra, HCL Tech Hero MotoCorp, are among major gainers on the indices in the early trade, while losers are IOC, Maruti Suzuki, Bajaj Auto, Axis Bank, HDFC, Eicher Motors, OBC, Canara Bank, HDIL, Biocon and L&T. 

Among sectors, except IT all other indices are trading in the red.

Rupee Opens: The Indian rupee slipped in the early trade on Tuesday. It has opened lower by 55 paise at 71.95 per dollar on Tuesday versus Friday's close 71.40.

Stocks in the news: Tata Motors, Maruti Suzuki, SPML Infra, PNB, Canara Bank, RCom


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