Friday, February 28, 2020

ABR Venture-Stock Market News,Opening Bell for 28-Feb-2020


Bloodbath on D-St as Nifty below 11,300, Sensex plunges 1,100 pts 
All the sectoral indices slipped between 1 to 3 percent. BSE Midcap and Smallcap indices down over 2 percent each.

Market Opens: Indian indices continue to remain under pressure for the sixth consecutive day on February 28 with Nifty slipped below 11,400 on the back worries over outbreak of Coronavirus.

At 09:17 hrs IST, the Sensex is down 1,071.62 points or 2.70% at 38674.04, and the Nifty down 319.80 points or 2.75% at 11313.50. About 110 shares have advanced, 873 shares declined, and 31 shares are unchanged.

Top losers are Tata Motors, Hindalco, Tata Steel, Bajaj Finance, Yes Bank, Gail and M&M.

Rupee Opens: The Indian rupee slipped in the early trade on Friday. It has opened lower by paise 38 at 71.93 per dollar versus Thursday's close 71.55.

Stocks in the news: Pidilite, DIC India, RITES, BoB, HPCL, GTPL Hathway, IndusInd Bank


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Thursday, February 27, 2020

ABR Venture-Stock Market News,Opening Bell for 27-Feb-2020


Nifty opens below 11,650, Sensex down 150 pts; Cipla, India Cements in focus


Market Opens: It is a negative start for the Indian indices on February 27 with Nifty below 11,650 level.

The Sensex is down 134.41 points or 0.34% at 39754.55, and the Nifty down 39.50 points or 0.34% at 11,639. About 326 shares have advanced, 297 shares declined, and 48 shares are unchanged.

SBI, Dr Reddy's Lab, HUL, Nestle, Hero MotoCorp, Eicher Motors, Titan, and Yes Bank are among major gainers on the Indices, while losers are Cipla, HCL Technologies, Infosys and TCS.

Rupee Opens: The Indian rupee opened flat at 71.65 per dollar on Thursday versus previous close 71.66.

Stocks in the news: India Cements, HUL, RITES, Thomas Cook, Biocon, CONCOR


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Wednesday, February 26, 2020

ABR Venture-Stock Market News,Opening Bell for 26-Feb-2020


Nifty around 11,700, Sensex down 280 pts; Cipla falls 5% on warning letter
 
Market Opens: It is a weak start for the Indian indices with Nifty slipped below 11,700 level.

At 09:16 hrs IST, the Sensex is down 365.09 points or 0.91% at 39916.11, and the Nifty down 104.50 points or 0.89% at 11693.40.

Nestle, Asian Paints, Zee, SBI and HUL are among major gainers on the Indices, while losers are Cipla, JSW Steel, Bharti Infratel, Wipro, Tata Motors, Tata Steel, RIL, Yes Bank and HDFC.

Rupee Opens: The Indian rupee opened higher by 13 paise at 71.75 per dollar on Wednesday versus previous close of 71.88.

Stocks in the news: IRB Infra, Wockhardt, JSW Steel, India Cements, Tata Chemicals


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Wednesday, February 19, 2020

ABR Venture-Stock Market News,Opening Bell for 19-Feb-2020


Indices off day's high, Nifty below 12,100, Sensex up 250 pts

All the sectoral indices are trading higher led by the infra, energy, metal and pharma. BSE Midcap and Smallcap indices up 0.7 percent.

Market Opens: It is a strong start for the Indian indices on February 19 with Nifty above 12,100.

At 09:17 hrs IST, the Sensex is up 309.82 points or 0.76% at 41204.20, and the Nifty up 92.70 points or 0.77% at 12085.20.

NTPC, Coal, India, Bharti Infratel, IndusInd Bank, SBI, Aurobindo Pharma are among major gainers on the Indices, while losers are Bharti Airtel, Yes Bank and Lakshmi Vilas Bank.

The currency markets are closed today due to a banking holiday on account of Chatrapati Shivaji Maharaj Jayanti.

Stocks in the news: Shree Cement, Oil India, SBI, Balkrishna Industries, HCL Tech, Avenue Supermarts


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Tuesday, February 18, 2020

ABR Venture-Stock Market News Update & Opening Bell for 18-Feb-2020


Indices at day's low, Sensex falls 250 pts; Hathway Cable, JSW Energy in focus 

Market Opens: It is a weak start for the Indian indices on February 18 with Nifty around 12,000 level.

The Sensex is down 160.51 points or 0.39% at 40895.18, and the Nifty down 51.80 points or 0.43% at 11994.00. About 318 shares have advanced, 442 shares declined, and 34 shares are unchanged.

Zee Ent, Coal India, Network 18, Den Network, Hathway Cable, are among major gainers on the Indices, while losers are Yes Bank, Hindalco, Vedanta, Tata Motors and IndusInd Bank.

Rupee Opens: The Indian rupee slipped in the early trade on Tuesday. It opened lower by 11 paise at 71.40 per dollar on Tuesday versus previous close 71.29.

Stocks in the news: JSW Energy, Vodafone, Network 18 Media, Tata Motors, Lloyds Metals, Grasim


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Friday, February 14, 2020

ABR Venture-Stock Market News Update & Opening Bell for 14-Feb-2020


Nifty opens above 12,200, Sensex up 100 pts; BPCL, Yes Bank in focus 
Market Opens: It is a positive start for the Indian indices with Nifty above 12,200 level.

The Sensex is up 167.12 points or 0.40% at 41,626.91, and the Nifty up 49.20 points or 0.40% at 12,223.90.  About 534 shares have advanced, 185 shares declined, and 33 shares are unchanged.

BPCL, Zee Entertainment, Tata Moors, Nestle are among major gainers on the Indices, while losers are Dr Reddy's Lab, HUL and Eicher Motors.

Rupee Opens: The Indian rupee opened marginally higher at 71.30 per dollar on Friday versus previous close 71.33.

Gold Update: Gold prices held steady near a one-week high on Friday, as a mounting coronavirus death toll supported safe-haven buying, while a stronger dollar kept a lid on gains.

Stocks in the news: ONGC, Vodafone Idea, BPCL, Yes Bank, Avenue Supermarts, Nestle, GMR Infra


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Thursday, February 6, 2020

ABR Venture-Stock Market News Update & Opening Bell for 06-Feb-2020

Nifty opens above 12,100, Sensex up 100 pts; HPCL, Cipla in focus 


Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 21 points loss or 0.18 percent.

Market Opens: It is a positive start for the Indian indices with Nifty above 12,100.

At 09:17 hrs IST, the Sensex is up 129.66 points or 0.32% at 41272.32, and the Nifty up 43.50 points or 0.36% at 12132.70.

Zee Entertainment, Cipla, Yes Bank, Vedanta, Dr Reddy's Lab, JSW Steel and HCL Tech are among major gainers on the Indices, while losers are Tata Motors, HDFC and Infosys.

Rupee Opens: The Indian rupee opened marginally lower at 71.24 per dollar on Thursday versus Wednesday's close 71.21.

Stocks in the news: Hero MotoCorp, ITI, DLF, Engineers India, GE Power, Lupin, Avenue Supermarts

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