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BSE, NSE shut on Friday for Gurunanak Jayanti

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BSE, NSE shut on Friday for Gurunanak Jayanti On Thursday, equity benchmark indices see off the week on a lower level, with Sensex closing 219 points down at 34,981 levels. Nifty also settled at 10,526 levels, 73 points down. Equity benchmark indices Sensex and Nifty will remain shut on Friday on account of Guru nanak Jayanti. Forex and Commodity markets too will remain close today. Meanwhile, on Thursday, equity benchmark indices see off the week on a lower level, with Sensex closing 219 points down at 34,981 levels. Nifty also settled at 10,526 levels, 73 points down. Markets traded with a negative bias throughout the day as across-the-board short-selling was seen in all the major counters. Metal stocks such as Tata Steel, Hindalco, and Jindal Steel & Power added fresh short positions, as the open interest soared higher along with a fall of ~2% in the underlying price.  Reference : indiainfoline Must Visit : Wealth Research

Nifty below 10,750 mark; Yes Bank drops 5%

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Nifty below 10,750 mark; Yes Bank drops 5% All the sectoral indices are trading in the negative zone, PSU bank, IT and metal index slipped by 1% each. Equity benchmark indices opened lower on Tuesday after the central bank agreed to address the center's call to share its surplus reserves. All the sectoral indices are trading in the negative zone, PSU bank, IT and metal index slipped by 1% each.         The Sensex slumped 131 points to 35,643 in the opening trade, while the broader Nifty50 opened below the psychological 10,750 mark. Shares of Yes Bank fell 6% in the morning trade. In a third resignation from the Yes Bank board, independent director R. Chandra shekhar put in his papers, the private sector lender said in regulatory filing on Monday.         Oil marketing companies gained as crude prices slipped. GAIL shares jumped nearly 3%, HPCL was up 2.5%.         The Indian rupee strengthened for the sixth consecutive session against the US dollar, its longest winni

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 numbers

10 stocks that plunged most on BSE in a positive market

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10 stocks that plunged most on BSE in a positive market NEW DELHI: Indian equity benchmarks Sensex and Nifty were in positive territory following gains in auto, metals and banking stocks amid unabated buying by domestic institutional investors and rupee recovery. Market also cheered RBI's announcement that it will inject liquidity of Rs 12,000 crore into the system through the purchase of government bonds on Thursday to meet the festival season demand for funds. The NSE Nifty index was trading 131 points up at 10,433, while the BSE  .. Mercator was trading 19.93 per cent down at Rs 11.05 . Velan Hotels was trading 13.17 per cent down at Rs 5.47. Chothani Foods was trading 12.50 per cent down at Rs 5.95. Arman Financial Services was trading 11.91 per cent down at Rs 289.80. Prime Urban Development India declined 10.40 per cent to 11.20. Modi Naturals was trading at Rs 63, with a loss of 10 per cent. IL&FS Engineering & Construction Company

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 losing any of your money. To be the best investor one has to follow all the rules and regulations so as to stay much safer in the market.                            Getting the exact information

Tips to make yourself knowledgeable on the stock market

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Tips to make yourself knowledgeable on the stock market 1. When you start making good decision to invest in the stock market then you need to get some important information so that you do not let your money go waste in the market. 2. You need to know how you should invest in the proper time so that you can play safe in the stock market. If you do not make good investment decision yourself then you have to lose your money which would not let you make good money. 3. Certain concepts should get cleared so that you know where to make the right investment and also the amount of money you can try to invest in the different stocks. Doing the right things can help you achieve success and this would also make you get the perfect income. It is also important for you to get yourself equipped with the most important information that would help you to grow your confidence. 4. Sometimes it makes it very difficult to understand the situation of the market for which you need to know the positive an