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Showing posts with the label Pre Market Tips

HDFC twins, Reliance Industries drag Sensex; Sun Pharma gains 1%

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HDFC twins, Reliance Industries drag Sensex; Sun Pharma gains 1% Indices opened flat and it slipped later on in the morning session tracking weakness in Asian peers and a surge in crude oil prices. Equity benchmark indices opened flat and slipped later in the morning session tracking weakness in Asian peers and a surge in crude oil prices. Heavy selling pressure was witnessed in HDFC twins, Reliance Industries, Kotak Mahindra Bank, M & Mand NTPC. The Sensex slipped 133 points at 36,108, and the Nifty is down 29 points at 10,855. About 800 shares have advanced, while 707 shares declined, and 534 shares remained unchanged. The BSE MidCap and BSE SmallCap Indices rose over 0.25% each. Shares of Sun Pharma gained 1% on the BSE as the pharma company held a conference call on Monday after market hours over the recent broker report that raised several corporate governance issues. There was also a news that the SEBI is planning to reopen the insider trading probe pert...

Rupee extends losses; trades at 70.96/$

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Rupee extends losses; trades at 70.96/$ On Monday, the currency depreciated 18 paise to 70.87 against the American currency. The Indian rupee extended its losses for the second consecutive trading session on Tuesday. The domestic currency opened 4 paise down at 70.91 against the American currency vs. its previous close of 70.87 per dollar. On Monday, the currency depreciated by 18 paise to 70.87 against the American unit. Meanwhile, over the past seven days of winning streak, the currency has gained 220 paise against the dollar. The fall is probably on the back of a rebound in crude oil prices. Also, a recent comment from the United States president Donald Trump that his government may opt for further China tariff hikes in the absence of a trade deal may have had an impact. Meanwhile, the 10-year government bond yield stood at 7.747% from its previous close of 7.727%. Bond yields and prices move in opposite directions.   Reference : indiainfoline Must Visit...

Method in madness? Why RBI, govt not acting tough on rupee

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Method in madness? Why RBI, govt not acting tough on rupee Macro factors for India have been under pressure during the first half of FY2019. Among currency, current account deficit and fiscal deficit, it may be worthwhile in the shorter term to focus on the fiscal deficit. From a currency perspective, the rupee may be just correcting to its fundamental level after a period of over-valuation. In fact, the rupee seems to be more or less at its fundamental level at this stage. It can overshoot its fundamental level on heightened concerns, but that may be the appropriate reason and time for RBI and the government to explore intervention. There may not be a need to take any extraordinary measures to support rupee at this juncture. The government and RBI may want to keep tougher options like interest rate hike and NRI bond for later, just in case India’s macro fundamentals were to weaken further. There are potential risks to the macro position based on further weakness in sentiment...

Markets extend rally; ONGC, Tech Mahindra, M&M surge over 3%

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Markets extend rally; ONGC, Tech Mahindra, M&M surge over 3%  All the sectoral indices on the NSE were trading in the green on Tuesday, with PSU Bank gaining over 2.5% and Private Bank over 1%. Equity benchmark indices Sensex and Nifty extended gains in afternoon trade on Tuesday. The Sensex rose 278 points and was trading at 35,121 while the Nifty was trading 65 points higher at 10,587. All the sectoral indices on the NSE were trading in the green on Tuesday, with PSU Bank gaining over 2.5% and Private Bank over 1%. Among stocks, ONGC, Tech Mahindra, and M&M advanced 3%, while SBI, Axis Bank, and ICICI Bank gained over 2% and led the gains in the banking indices. Indiabulls Housing Finance led the losers’ brigade with a decline of ~3%, with Cipla, Eicher Motors, and PowerGrid being the other top losers. Real estate and hospitality company Delta Corp spiked 6% and Federal Bank ~8% after posting their second-quarter results. Both companies have reported num...

How does an investor get motivated to invest in the market?

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How does an investor get motivated to invest in the market? Winning in the stock market is not very easy for an investor if he or she has hardly any good knowledge of the stock market. This is why there are still some investors who have to struggle a lot to make good income from the stocks. Making a good investment in the stocks needs a lot of patience in the market and so you have to understand the many aspects of the stock market.                                          To be a good investor one needs to have the right understanding of the stock market and the other quality that is equally important is the amount of patience in the stocks. Similarly when you make your way into the commodity trading you have to know the right way to invest in it so that you make good attempts from ...

Why is stock trading plan important for you?

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Why is stock trading plan important for you? Nothing is easy to make good money from the stock market and that too in a very few days. You have to know how to keep yourself very patient in order to get the best profit from your investment. It is important to identify the stocks that have shown good performances in the past. If you get those stocks then you need not have to worry at all about your investment in the market. Once you decide well how you can gain the right stocks from the market you would never have to worry at all. But the most important thing that you have to keep in mind is the amount of risks that needs to be taken by you. You have to get all the latest updates of the market and get to know whether it would be possible for you to make good income out of it. Unless you are not bound to take any risks in the market you would end up losing your money. One of the best things that you should do is to get a very good and genuine website that would help you to get a...

Sensex, smashing open flat; company biggest gainer

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Sensex, smashing open flat; company biggest gainer Sensex and smashing opened flat with the smashing holding the 10,800 mark. All sectoral indices listed flat. most gains were ascertained within the company sector. At 9:36 AM, the bovine spongiform encephalitis Sensex is commercialism at 35,490 up 8 points, whereas NSE smashing is commercialism at 10,792 up 5 points. The bovine spongiform encephalitis Mid-cap Index is commercialism up 0.44% at 16,079, whereas bovine spongiform encephalitis small-capitalization Index is commercialism up 0.47% at 17,053. Dr. Reddy (+1.59%), Cipla (+1.53%), Wipro (+1.48%), Lupin (+1.38%) and IOC (+1.24%) were the highest gainers on NSE. Tata Steel (-0.91%), Infosys (-0.81%), Vedanta Ltd. (-0.73%), Maruti (-0.41%) and Indiabulls Housing Finance Ltd (-0.35%) were the highest losers on NSE. Some shopping for activity is seen in tending and durable goods, whereas basic materials, data technology, telecommunication and real propert...