Monday, 9 September 2019

Thursday, 5 September 2019

MARKET OVERLOOK ON 5 SEP 2019


Nifty formed a bullish candle on the daily charts .After trading on a positive note in the morning session, the benchmark indices have turned negative with Sensex down 119 points at 36,605 mark while the Nifty shed 17 points &   trading at 10,827 level. Advised to  trade with strict stop losses as long as the index trades above 10,756-10,637 levels. Bank Nifty close to a percent dragged by ICICI Bank which was down 1.5 % followed by Kotak Mahindra Bank, RBL Bank, SBI & Bank of Baroda. Wipro has bagged a seven-year contract worth $300 million from ICICI Bank. Under the deal, which is expected to be completed by September 30.Realty stocks were also trading in the red.Global rating agency Moody's on September 4 upgraded the outlook on PNB, which will merge OBC and United Bank of India with itself, to 'positive' from 'stable'. The second largest private sector lender ICICI Bank has cut its lending rates by 0.10 % across all maturities.
TOP GAINERS- TATAMOTORS, COALINDIA, ONGC, BPCL & NTPC
TOP LOSERS - HDFC, ICICIBANK, HINDUNILVR, HCLTECH & SBI
HIGHLIGHTS- RELIANCE, HDFCBANK, ICICIBANK, YES BANK

Wednesday, 4 September 2019

MARKET OVERVIEW ON 4 SEP 2019


Today  Sensex was up 161 points at 36,724, while Nifty was up 39 points at 10,836. About 1197 shares have advanced, 1179 shares declined, and 163 shares are unchanged. A day after falling more than 3% , today Tata Motors  extended its decline after the automaker reported a 58 % decline in domestic passenger vehicle sales in August. Shares of the global automaker plunged 5%  intraday trade today Tata Motors is already down more than 30 % in 2019, weighed down poor domestic and JLR sales globally. A day after making a healthy gain of 8 %, shares of IDBIBANK down 4 % today on account of profit booking. Benchmark indices witnesses a volatile session today but managed to end positive with Nifty above 10,800.
TOP GAINERS- TATASTEEL, BPCL,DR REDDY’S LABS  JSWSTEEL
TOP LOSERS- MARUTI , SUNPHARMA, TATAMOTORS  ASIANPAINTS

Thursday, 22 August 2019

MARKET IN DEEP RED


Market continued to reel under pressure of the economic slowdown on Thursday with the benchmark S&P BSE Sensex and Nifty50 slipping nearly 700 and 190 points, repsectively from day's high to hit low of 36,391 & 10,718. YES Bank ended the day as the biggest loser, while Tech Mahindra emerged as the top gainer. The broader Nifty50, too, slipped 1.62%.There are 103 stocks in all, including the ones above, from the S&P BSE Allcap index that have slipped to their lowest level in five years. That apart, stocks such as DLF, Tata Steel, ITC, India Cements, NBCC, BASF India, GIC Housing Finance and Raymond comprise the 140 counters that are trading at a two-year low.
TODAY S HIGHLIGHTS
DLF- on today after the Supreme Court  issued the company a notice based on a plea that alleged the company of hiding information on pending cases regarding Haryana land-bank from its shareholders, dlf  shares down 20 % to Rs.137.75. also its fresh 52-week low.
RELIANCE CAPITAL –RELIANCE CAPITAL   tanked 24 % to Rs 30 in the intra-day trade. It finally settled 20 % lower at Rs 32 on the BSE. Stocks trading  F&O segment don't have any circuit limits.
HINDUSTAN UNILIVER – HUL hit an all-time high of Rs 1,879, up 2 %. Recover 3 % in past three days in an otherwise weak market.
LIC HOUSING FINANCE- LICHSGFIN slipped as much as 7.56 %  to Rs 428.35 apiece after reports suggested 3.9 core shares, representing 7.7 % of equity, were traded in a block deal at Rs 431 per share.


Wednesday, 21 August 2019

MARKET IN BEARISH FORM


The Nse market have slipped into the red with Sensex down 218 points at 37,109 mark while the Nifty is down 78 points & trading at 10,938 level. BANKNARODA, IDBIBANK, INDIANB, UNIONBANK, OBC, PNB , SBI &  SYNDIBANK this  are the responsible for bank nifty down over 3%..& nifty 2% down because of IB REALEST, DLF, SOBHA & SUNTECK. on other side Shares of BIOCON climbed almost 4 % today  & looked on course to extend the gains into the second session in a row . while Shares of GATI fell 2.8 % today  after rating agency  revised its outlook on the company's long term loans to negative from stable & Shares of COFFEEDAY were locked in the upper circuit for the third consecutive day on August 21 after a media report indicated that ITC could be eyeing a stake in the company. Some big stocks have hit last year low in todays market including   TATAMOTORS, SAIL, YESBANK, ALBK, RAYMOND, ANDHRABANK, BHEL, MRPL, WOCKPHARMA, CUMMINSIND NCC, ITC, BRITANNIA & ONGC among others.

HIGHLIGHTS -YESBANK, MARUTI, IBULHSGFIN, SBI &TATAMOTORS
TOP GAINERS -HEROMOTOCORP, EICHERMOT, INFOSYS, BAJAJ AUTO
TOP LOSERS - TATASTEEL , VEDL, YESBANK, RBLBANK ,FEDERALBANK & AXISBANK, TATAMOTORS, YESBANK,  IBULHSGFIN, TATASTEEL

Wednesday, 14 August 2019

BAD TIME ARE GOOD TIME TO INVEST

The market is getting more and more interesting for long-term investors .today  markets which saw the biggest single-day drop in a month .we would recommend that investors continue to invest money to work ,we are seeing  a lots lot of opportunities in midcap and small cap stocks but  Investors will have to be extremely careful about what they are investing in because Some of the stocks that have fallen will surely become multibaggers in 3-4 year but that doesn’t hold true for every stock that has fallen .In terms of sectors selling was seen in healthcare and power stocks. Some of the stocks that kept investors on the edge were YESBANK, RIL, HDFC, BAJAJFINSV,& BAJFINANCE.
COFFEE DAY-Shares of Coffee Day lost 65.4 % of value in 11 consecutive sessions especially since after the death of VG Siddhartha.
DR REDDY -Shares of Dr. Reddy fell 8 % intraday today as there could be a delay in the launch of the generic female contraceptive drug in the US Global brokerage Citi slashed price target to Rs 2,375 from Rs 2,540 per share.

CLOSING BELL-Today  nifty ended on highly note, off day's high with Nifty finished above 11000 level helped by the metal, infra and banking stocks. the Sensex was up 353 points at 37311, while Nifty was up 103 points at 11029. 1148 shares declined & 142 shares are unchanged
TOP GAINERS -UPL, BAJAJFINSV, VEDL, TATASTEEL ZEEL
TOP LOSERS - SUNPHARMA, IBULHSGFIN, WIPRO, DRREDDY, COALINDIA

Thursday, 8 August 2019

MARKET SUMMERY ON 8 AUG 2019


A 35bps repo rate cut by the Reserve Bank of India not done good work in today’s market and the sell-off continued.. After this result get Sensex more than 7 % down & Nifty slipped 8 % since Budget week. The broader market has been worse with Nifty Mid-cap index falling 10.5 percent and Small cap index losing 13 percent in the same period. Cipla’s results opposite came analyst estimates with shares Shares fall 3% intraday today. An analysts’ poll of Reuters estimated the net profit at Rs 492.9 core and revenues at Rs.4461.6 core. While HCL technologies increase 4% brokerages maintain buy despite Q1 profit falls CLSA has maintained buy rating on HCL Technologies with a target at Rs 1,380 per share 
TOP GAINERSHCLTECH, TATAMOTORS, JSWSTEEL, RELIANCE, M&M
TOP LOSERS-TATSTEEL, CIPLA, ULTRACEMCO, IBULHSGFIN, INDUSINDBK
TODAY’S ACTIVE STOCKS- TATSTEEL, MARUTI, HCLTECH, HPCL& SIEMENS,CIPLA