Monday, March 23, 2020

ABR Venture-Stock Market News,Opening Bell for 23-Mar-2020


Nifty below 8k; Sensex down 2,700 pts; banking worst hit

Trends on SGX Nifty indicate a negative opening for the index in India with a 1,038 points loss.

Market Opens: It is weak opening for the Indian indices on March 23 with Nifty opened below 8000.

At 09:16 hrs IST, the Sensex is down 2,624.69 points or 8.77% at 27291.27, and the Nifty down 757.05 points or 8.66% at 7988.40. About 90 shares have advanced, 860 shares declined, and 42 shares are unchanged.

Rupee Opens: The Indian rupee opened at record low level at 75.69 on Monday versus Friday's close of 75.19.

Stocks in the news: Ashok Leyland, Lupin, GMR Infra, Welspun Corp, Hero MotoCorp


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Friday, March 20, 2020

ABR Venture-Stock Market News,Opening Bell for 20-Mar-2020


Sensex, Nifty flat amid volatility; pharma, FMCG stocks in focus

Except Nifty Bank, other sectoral indices are trading in the green, with pharma gains over 3 percent followed by metal, IT, infra, auto and FMCG.

Market Update: After a positive start in the volatile trade the benchmark indices erased all the gains with nifty trading at day's low level.

The Sensex is down 226.12 points or 0.80% at 28062.11, and the Nifty down 47.70 points or 0.58% at 8215.75. About 795 shares have advanced, 599 shares declined, and 59 shares are unchanged.

Power Grid, Gail, ONGC, Vedanta, JSW Steel, Tata Steel , ITC Dr Reddy's Lab and Bharti Airtel are among major gainers on the Indices, while losers are HDFC Bank and ICICI Bank.

Rupee Opens: The Indian rupee opened higher by 21 paise at 74.77 per dollar on Friday versus Thursday's close 74.98.

Stocks in the news: SBI, SpiceJet, Strides Pharma, Praj Industries, RITES, Sun Pharma


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Thursday, March 19, 2020

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


Nifty opens below 8K for the first time since Dec 27, 2016; Sensex falls 1,800 pts

All the sectoral indices are trading in the red. BSE Midcap and Smallcap indices fell over 5 percent each.

Market Opens: It is another weak start for the Indian indices on March 19 with Nifty breaches 8,000 for the first time since December 27, 2016.

At 09:16 hrs IST, the Sensex is down 1,755.52 points or 6.08% at 27113.99, and the Nifty down 521.25 points or 6.15% at 7947.55. About 117 shares have advanced, 714 shares declined, and 29 shares are unchanged.

The US markets ended lower by 4-6 percent in the Wednesday's session. Dow Future Index down 723 points or 3.63 percent at 19,108 level. 

Rupee opens at record low​: The Indian rupee opened at record low of 74.95 per dollar on Thursday, down 69 paise against previous close 74.26.

Stocks in the news: Ashok Leyland, Motilal Oswal, VST Tillers, Karur Vysya Bank, Alphageo


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Wednesday, March 18, 2020

ABR Venture-Stock Market News,Opening Bell for 18-Mar-2020


Indices erase early gains, Nifty below 8,900; Yes Bank, ZEE top gainers


All the sectoral indices are trading higher. BSE Midcap and Smallcap indices gained over 1 percent each.

Market Opens: It is a positive start for the Indian indices on March 18 with Nifty opening above 9,100 level.

At 09:17 hrs IST, the Sensex is up 501.46 points or 1.64% at 31080.55, and the Nifty up 148.70 points or 1.66% at 9115.75.

Yes Bank, Glenmark Pharma, Zee Entertainment, IndusInd Bank, Bharti Infratel, Sun Pharma, Vedanta, Tata Steel, JSW Steel, Titan and UPL are among major gainers on the Indices, while losers are PVR, Kotak Mahindra Bank and Axis Bank.

Rupee Opens: The Indian rupee opened higher by 26 paise at 73.98 per dollar on Wednesday against Tuesday close of 74.24.

Stocks in the news: M&M, L&T, Escorts, Fortis Health, Reliance Naval, Manappuram Fin


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Tuesday, March 17, 2020

ABR Venture-Stock Market News,Opening Bell for 17-Mar-2020


Indices recover, Nifty around 9,250; Yes Bank gains 20% 

Among sectors metal, pharma and FMCG witnessing buying interest, while selling seen in the bank, infra and IT stocks.

Market Opens: After a positive start, the benchmark indices gave up all its gains on March 17 with Nifty around 9,100 level

The Sensex is down 298.17 points or 0.95% at 31091.90, and the Nifty down 73.40 points or 0.80% at 9124. About 359 shares have advanced, 434 shares declined, and 32 shares are unchanged.

Losers are HDFC Bank, Zee Ent, Titan, HDFC, Kotak Mahindra Bank, UPL and Grasim Industries.

Rupee Opens: The Indian rupee opened higher by 14 paise  at 74.13 per dollar on Tuesday versus 74.27 yesterday.

Stocks in the news: IOC, Yes Bank, KEC International, Bajaj Finserv, Sadbhav Engg, Grasim

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Tuesday, March 3, 2020

ABR Venture-Stock Market News,Opening Bell for 03-Mar-2020


Sensex up 500 pts, Nifty above 11,300; ZEE, Sun Pharma top gainers 
Market Opens: It is a positive start for the Indian indices with Nifty above 11,200.

At 09:16 hrs IST, the Sensex is up 489.93 points or 1.28% at 38,633.95, and the Nifty up 158.30 points or 1.42% at 11,291.10. About 562 shares have advanced, 102 shares declined, and 19 shares are unchanged.

Tata Steel, JSW Steel, Eicher Motors, IOC, Bharti Airtel, UPL and ONGC are among major gainers on the Indices, while losers are Bajaj Auto and HDFC Bank.

Rupee Opens: The Indian rupee opened higher by 28 paise at 72.46 per dollar on Tuesday versus previous close 72.74.

Stocks in the news: Hero Moto, Mahindra Life, Newgen Software, Torrent Power, Infosys


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