LIVE MARKET UPDATE

Friday 23 January 2015

Free Indian Nifty Market Tips on Mobile

Indian stock markets opened at record highs for a fourth straight session on Friday with the BSE Sensex rising nearly 400 points or 1.4 per cent and the broader Nifty advancing over 100 points in early trade.
The trigger for Friday's rally was a $1.15 trillion stimulus announcement by the European Central Bank overnight. The ECB said it would buy government bonds from this March until the end of September 2016 to kick-start the stagnant eurozone economy.
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India's Biocon Ltd falls 3 pct to over two-week low.Company posts a 13.3 pct fall in December-quarter profit.EBITDA margin, at 20 pct, is below the market estimate, Axis Capital says.The benchmark BSE index up 1.23 percent and the broader NSE index gains 1.06 percent, hitting a record high for the fourth straight day, after the European Central Bank launched a landmark bond-buying stimulus programme announced on Thursday.

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Free Indian Stock Market Tips on Mobile

The S&P BSE Sensex rallied as much as 402 points in trade on Friday to hit its fresh lifetime high of 29408.73, as sentiment in global markets turned bullish after the European Central Bank announced it will buy bonds worth 60 billion euros per month to stimulate sagging economy.


At 09:45 a.m.; the 30-share index was at 29,367.43, up 361 points or 1.24 per cent. It touched an all-time high of 29,408.73 and a low of 29,189.33 in early trade.


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Thursday 22 January 2015

Indian Nifty Market Opening News

The BSE Sensex scaled the historical 29,000 peak for the first time on Thursday, while the Nifty edged above 8,750 as stock markets opened at record highs for the third consecutive session.

The 1,000-point rally in the Sensex, from 28,000 to 29,000, took just 2-1/2 months. The Sensex had hit 28,000 on November 5, 2014.

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Indian Equity Market Opening News

The 50-share Nifty index is expected to open higher on Thursday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to surpass its previous record high of 8741.85 hit on 21 January 2015. 


At 07:30 a.m., Nifty India stock futures in Singapore were trading 28 points higher at 8,771 indicating a positive opening on the domestic market. 


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Indian Stock Market Opening News

Kitchen appliance maker TTK Prestige falls 1.7 pct.Dec qtr net profit falls by 4.8 pct to 280.6 mln rupees.Weak festive sales and rising competition from e-commerce rivals hurt earnings .Sesa Sterlite gains 3.6 pct.Says expects to resume mining in near future in Goa.Quantum of mining that would be allowed to Sesa Sterlite vs 15 mt earlier next thing to watch.

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Wednesday 21 January 2015

Free Service on Indian Nifty Market

Indian stock markets opened at record highs on Wednesday, with the BSE Sensex rising over 100 points to 28,885 and the broader Nifty advancing 25 points to 8,722.

The Sensex has gained over 1,500 points in the last five trading sessions as investors rejoiced a surprise rate cut by the Reserve Bank on Thursday. There's optimism that the RBI's changed stance on interest rates will spur demand and kick start the investment cycle leading to higher economic growth.


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The S&P BSE Sensex rallied as much as 96 points in trade on Wednesday to hit its fresh lifetime high of 28880.80, led by gains in HDFC, HDFC BankBSE 0.52 %, TCSBSE 0.51 %, L&T and Sun PharmaBSE 0.98 %.

 
Tracking the momentum, the 50-share Nifty index also surged as much as 27 points in trade t touch its fresh record high of 8722.50, supported by gains in capital goods, banks, auto, consumer durable and metal stocks.

 
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Free Service on Indian Equity Market

ABB India gains 1 pct; Siemens up 0.8 pct.Jefferies upgrades ABB to "buy" from "underperform" and Siemens to "buy" from "hold".Says MNC parents viewing India as sourcing hub.Adds Modi government's "Make in India" push should benefit as well.The investment bank also maintains "buy" on Cummins India.

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Tuesday 20 January 2015

Tips on Indian Nifty Market Trading Services

The BSE Sensex opened higher on Tuesday and is on track for a fourth straight day of gains. The broader Nifty traded near the key 8,600 levels, rising 35 points.

Traders are likely to set their eyes on overhauling the previous Nifty record of 8,626.95 once the bluechip index edges past 8,600.

Higher Asian markets and continued buying by foreign investors supported stocks on Tuesday.

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Tips on Indian Equity Market Trading Services

The S&P BSE Sensex rallied as much as 116 points in trade on Tuesday, led by gains in metals, technology and banks on the back of positive cues from Asian peers. According to analysts, the near-term trend is positive for the market and the benchmarks are expected to breach previous highs ahead of the Budget Session. 


The International Monetary Fund sees India as world's fastest growing major economy in FY17. It sees Indian economy growing at 6.3 per cent in FY16 and 6.5 per cent in FY17. Meanwhile, it has cut 2015 global growth forecast to 3.5 per cent from 3.8 per cent.

 
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India's Hindustan Zinc gains 2 pct after earnings beat estimates - dealers.December-quarter net profit up 38.2 pct at 23.79 billion rupees ($385.1 million)Mined metal production rises 14 pct Q-o-Q to seven-quarter high - Deutsche Bank.Company trades at EV/EBITDA of 4.2 times vs 5.96 times of rivals - Thomson Reuters Eikon data ($1 = 61.7750 Indian rupees).

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Monday 19 January 2015

Latest Free Nifty Tips News on Mobile

The Nifty opened higher on Monday though lower Chinese markets are likely to weigh on sentiments. Foreign investors were net buyers to the tune of Rs 1,100 crore on Friday. However, domestic investors were net sellers to the tune of Rs 717 crore.


Q3 numbers, reported on Friday, were in-line with estimates. Standalone net profit dipped 8 per cent year-on-year (y-o-y) to Rs 5,085 crore. Its gross refining margin, a measure of profitability fell to $7.3/barrel against estimates of $7.5.


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Latest Free Stock Tips News on Mobile

The S&P BSE Sensex rallied as much as 175 points in trade on Monday, led by gains in HDFC BankBSE 0.85 %, WiproBSE 7.07 %, InfosysBSE -0.34 %, L&T and HDFC. 


Tracking the momentum, the 50-share Nifty index also rallied 45 points to reclaim its crucial psychological level of 8550, supported by gains in consumer durable, capital goods, metals and realty stocks.

 
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Latest Free Equity Tips News on Mobile

 India's Unichem Laboratories falls as much as 8.9 pct to lowest since Nov. 5, 2014.Pharmaceutical drug company reports 97 pct fall in December-quarter net profit.Earnings well below estimates .Mahindra & Mahindra Financial Services shares fall 5.8 pct.Q3 consolidated net profit down 13.7 pct.Bad loans weigh on earnings; Gross non performing loans cross 7 pct of advances.

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