LIVE MARKET UPDATE

Friday 19 June 2015

Comment on Indian Stock Market Tips

The S&P BSE Sensex surged over 150 points in in intraday trade on Friday, led by gains in HDFC, Infosys, ITC, ICICI Bank, and L&T. 


The 50-share Nifty index also reclaimed its crucial psychological level of 8200, supported by gains in capital goods, metal, oil & gas and realty stocks.

 
The market gained further in early trade Friday. The Sensex rose 111.93 points to 27227.76 and the Nifty climbed 26.55 points to 8201.15. About 369 shares have advanced, 68 shares declined, and 57 shares are unchanged on the BSE.


Kotak has upgraded M&M Financial Services to 'buy' from 'sell' after 10 quarters for target price of Rs 320 per share. Kotak sees long term return on equity of 20 per cent.


For more news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

Thursday 18 June 2015

Free Indian Stock Market Prediction by Market Expert

The S&P BSE Sensex rallied over 150 points in trade on Thursday, after the US Federal Reserve sounded more dovish than many had expected. This led many investors to push back their expected timing of a rate hike.


 Shares of Bharti Airtel fell nearly 2 per cent in early trade on Thursday after a tower sale deal related to its African operations fell through.Bharti Airtel on Wednesday said its agreement with Helios Towers Africa for sale of tower assets in Tanzania and Tchad has been terminated.


Havells India gains 2.3 pct.Motilal Oswal upgrades stock to "buy" from "neutral".Says Havells India has taken steps to leverage its brand, products, infrastructure and distribution over past 12 months.Adds commencement of trade factoring in unit Sylvania reduces cash conversion cycle.Stock has 21 "buy", 11 "hold" and 4 "sell" ratings.


For more news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

Wednesday 17 June 2015

Free Indian Market Opening Tips on Mobile

The S&P BSE Sensex surged as much as 170 points in trade on Wednesday, led by gains in Infosys, HDFC, L&T, Axis Bank and TCS. 


The 50-share Nifty index surged over 40 points and was trading around its next crucial psychological level of 8100, supported by gains in IT, realty, metal and consumer durable stocks.The 30-share index was trading at 26824, up 138 points or 0.52 per cent. It touched a high of 26,857.37 and a low of 26,795.42 in trade today. 


India's Bajaj Finance Ltd plans to raise funds selling bonds maturing in 2 years and 3 years, three merchant bankers told Newsrise on Tuesday. The non-banking finance company will pay an annual coupon of 8.90 percent on both the bonds.


For more updates on Free equity tips on mobile,Free Stock tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100

Tuesday 16 June 2015

Free Opening Tips on Indian Equity Market

The S&P BSE Sensex slipped over 100 points in trade on growing possibility of Greece defaulting on its debt. The country faces a 1.6-billion-euro payment to the IMF by the month-end. 


Tata Communications gains 4 pct; top gainer among BSE large capsVodacom's $565 mln bid for Neotel approved by regulator -Bloomberg Deal expected to come through in FY16 - Morgan Stanley.Says it should help Tata Communications reduce debt and focus on its core business.


Adds cash from the sale of Neotel stake would add 19 rupees a share.Deal still needs approval from the Competition Commission and Competition Tribunal of South Africa.Vodacom agreed to buy Neotel from Tata Communications in May 2014.


For more news on free stock tips on mobile,free equity tips on mobile please visit us at http://www.marketmagnify.com/freetrial.php or call at 07316619100.
Vodacom agreed to buy Neotel from Tata Communications in May 2014

Monday 15 June 2015

Free Indian Stock Market Trend Analysis

Indian mining and energy group Vedanta Ltd made a $2.3 billion offer on Sunday to buy out minority shareholders
in its cash-rich oil unit Cairn India Ltd, a deal that helps parent Vedanta Resources Plc repay hefty debts.


India's industrial production output grew more than expected in April, reaching a two-month high, and retail
inflation edged up in May, easing concern over an economy facing the worst drought since 2009.


The market is still holding up its early morning gains. The Sensex is up 161.67 points or 0.6 percent at 26586.97, and the Nifty up 43.45 points or 0.5 percent at 8026.35. About 1097 shares have advanced, 575 shares declined, and 102 shares are unchanged. Sun Pharma, L&T, HDFC, M&M and BHEL are top gainers in the Sensex. Among the losers are Infosys, NTPC, TCS, Vedanta and GAIL.


For more new on free stock tips on mobile,free equity tips on mobile please visit us at http://www.marketmagnify.com/freetrial.php or call at 07316619100.