Indian markets ended up 0.65% today. The markets surged in last hour of trading lead by the Oil & Gas stocks. Buying interest was observed in oil & gas stocks tracking increased expectation from the government for increasing diesel and kerosene prices by Rs 10 per litre in phases. The breadth of the market was …
Continue reading ‘Indian stock market daily closing report (December 28, 2012)’ »
The Indian market is expected to open flat tracking flattish start to SGX Nifty. Most Asian markets are however trading in the green on falling consumer prices in Japan which has raised speculations that the Japanese central bank will respond to government calls for more asset purchases. The U.S. markets staged a substantial recovery attempt …
Continue reading ‘Indian stock market and companies daily report (December 28, 2012, Friday)’ »
Views on markets today – The BSE Sensex declined 93.66 points or 0.48% to close at 19,323.80 and Nifty50 snapped 35.50 points or 0.60% to close at 5,870.10 led by stocks of IT, Oil & Gas and F&O expiry. – Meanwhile, private oil & gas producer Reliance Industries and software services exporter Infosys fell 1% …
Continue reading ‘Indian stock market daily morning report (December 28, 2012, Friday)’ »
Indian markets ended down 0.60% on the day of Dec series expiry today. The market traded in a lackluster trading session throughout the day and dipped into red in last hour of trading. The Nifty gained around 0.80% in the December series expiry. The breadth of the market was negative in today’s trade.
Indian markets rallied around 1% today on account of short covering ahead of December series expiry tomorrow. Positive global cues too helped markets today. Improved optimism regarding Fiscal cliff & Bank of Japan monetary policy hint towards further easing boosted global sentiments. The breadth of the market was positive in today’s trade.
The Indian market is expected to open flat to positive following flat start of the SGX Nifty and positive opening of most Asian indices. The U.S. markets ended on a negative note on Monday as concerns about the looming fiscal cliff continued to weigh on investor sentiments. However trading activity was relatively subdued ahead of …
Continue reading ‘Indian stock market and companies daily report (December 26, 2012, Wednesday)’ »
Indian markets remained sideways today on the back of Christmas Holiday Lull across the global equity markets today. IT index was among top gainer today, on the back of weak rupee. Glenmark Pharma gained more than 4% today as the company has signed a deal with Forest Laboratories to develop inhibitors to treat chronic inflammatory …
Continue reading ‘Indian stock market daily closing report (December 24, 2012)’ »
Views on markets today – The BSE Sensex declined 211.92 points or 1.09% to close at 19,242.00 and Nifty50 down 68.70 points or 1.16% to close at 5,847.70 led by stocks of Metal, Healthcare and profit-booking ahead of the ending of calendar year amid a weak trend in the overseas markets. – Bharti Airtel shares …
Continue reading ‘Indian stock market daily morning report (December 24, 2012, Monday)’ »
The Indian market is expected to open flat to negative, mirroring negative opening trades in most of the Asian markets as doubt over the progress of U.S. budget talks set in. The U.S. markets ended lower yesterday as negotiations to avoid deep spending cuts and tax hikes seemed to hit an especially rocky spot. Continued …
Continue reading ‘Indian stock market and companies daily report (December 20, 2012, Thursday)’ »
Views on markets today – The BSE Sensex surged 111.25 points or 0.57% to close at 19,476.00 and Nifty50 gained 32.80 points or 0.56% to close at 5,829.60 led by stocks Auto, Metal and the Parliament passed the banking Bill that paves way for foreign investments in the sector and establishment of new private banks. …
Continue reading ‘Indian stock market daily morning report (December 20, 2012, Thursday)’ »
Indian markets snapped two days winning streak due to lack of any fresh positive trigger. As the markets are trading near top end if the trading range some profit booking is experienced today. Metal stocks continued their rally in today’s trading session also. The Metal index was the top gainer today. Global cues too remained …
Continue reading ‘Indian stock market daily closing report (December 20, 2012)’ »
Indian markets traded in a volatile trading session today. The Nifty dipped into red immediately after RBI mid-quarter monetary policy review outcome. The RBI left the short-term lending (repo) rate and the Cash Reserve Ratio (CRR) unchanged at 8% and 4.25%, respectively. But hinted easing of rates in January. The RBI has said that the …
Continue reading ‘Indian stock market daily closing report (December 18, 2012)’ »
Views on markets today – The BSE Sensex snapped 72.83 points or 0.38% to close at 19,244.42 and Nifty50 declined 21.70 points or 0.37% to close at 5,857.90 led by stocks of Metal, Auto and the Government lowered the economic growth estimate for 2012-13 to 5.7-5.9% from 7.6% projected in Economic Survey in March. – …
Continue reading ‘Indian stock market daily morning report (December 18, 2012, Tuesday)’ »
The Indian market is expected to open flat mirroring almost flat to positive opening trades in most of the Asian markets after signs of progress on U.S. budget talks. The U.S. markets closed higher yesterday buoyed by reports of progress in Washington toward reaching a deal to avoid the fiscal cliff of tax and spending …
Continue reading ‘Indian stock market and companies daily report (December 18, 2012, Tuesday)’ »
The Indian market is expected to open flat mirroring mixed opening in the Asian markets, following a downbeat finish in the US on Friday, as investors fixated on the lack of a federal government budget deal. The US markets ended mostly lower on Friday as worries about the fiscal cliff once again overshadowed upbeat economic …
Continue reading ‘Indian stock market and companies daily report (December 17, 2012, Monday)’ »
Views on markets today – The BSE Sensex surged 87.99 points or 0.46% to close at 19,317.25 and Nifty50 gained 28.10 points or 0.48% to close at 5,879.60 led by stocks of Metal, Bank and lower than expected inflation data support hopes the RBI may start cutting interest rates. – The inflation measured in terms …
Continue reading ‘Indian stock market daily morning report (December 17, 2012, Monday)’ »
The Indian market is expected to open flat mirroring positive opening trades in most of the Asian markets and SGX Nifty. Also the investorsRs. sentiment is likely to be boosted following clearance of Cabinet Committee on Investment by government. The US markets ended mostly lower yesterday with lingering concerns about the looming fiscal cliff overshadowing …
Continue reading ‘Indian stock market and companies daily report (December 14, 2012, Friday)’ »
Views on markets today – The BSE Sensex snapped 126.00 points or 0.65% to close at 19,229.26 and Nifty50 declined 36.50 points or 0.62% to close at 5,851.50 led by stocks of FMCG, Capital Goods and profit booking ahead of WPI (Wholesale Price Index) data. – ITC declined 3.5% after FTSE lowered its free float …
Continue reading ‘Indian stock market daily morning report (December 14, 2012, Friday)’ »
Views on markets today The BSE Sensex declined 31.88 points or 0.16% to close at 19,355.26 and Nifty50 declined 10.80 points or 0.18% to close at 5,888.00 led by stocks of PSU, Metal and Standard & Poor’s reiterated its warning that India faces a one-in-three chance of being downgraded to “junk” status over the next …
Continue reading ‘Indian stock market daily morning report (December 13, 2012, Thursday)’ »
The Indian market is expected to open flat mirroring almost flat to positive opening trades in most of the Asian markets after the U.S. Federal Reserve announced an expansion to its asset-buying program and new policy targets. The U.S. markets closed roughly flat yesterday after Federal Reserve Chairman Ben Bernanke warned the Fed does not …
Continue reading ‘Indian stock market and companies daily report (December 13, 2012, Thursday’ »
The Indian market is expected to open flat to positive mirroring the positive opening trades in most of the Asian markets aided by Chinese November industrial output data which showed some strength and came at 10.1% yoy. The U.S. markets closed modestly higher on Friday after gains from a better-than-expected November jobs report shook off …
Continue reading ‘Indian stock market and companies daily report (December 10, 2012, Monday)’ »
Views on markets today The BSE Sensex snapped 62.70 points or 0.32% to close at 19,424.10 and Nifty50 declined 23.50 points or 0.40% to close at 5,907.40 led by stocks of IT, Metal and profit booking after the government expectedly won a vote for foreign investment in retail in the Rajya Sabha. Hexaware Technologies snapped …
Continue reading ‘Indian stock market daily morning report (December 10, 2012, Monday)’ »
Views on markets today – The BSE Sensex gained 94.94 points or 0.49% to close at 19,486.80 and Nifty50 surged 30.40 points or 0.52% to close at 5,930.90 led by stocks of Bank, Oil & Gas and the FDI in multi-brand retail debate found favours from BSP. – Fertilizer stocks surged on expectations that the …
Continue reading ‘Indian stock market daily morning report (December 07, 2012, Friday)’ »
The Indian market is expected to open in the green reflecting positive opening trades in the SGX Nifty and major Asian indices. The US markets ended the session mixed after seeing considerable volatility over the course of the trading day on Wednesday. The volatility on Wall Street came as traders kept a close eye on …
Continue reading ‘Indian stock market and companies daily report (December 06, 2012, Thursday)’ »
The Indian market is expected to open in the green reflecting positive opening trades in the SGX Nifty and major Asian indices. The US markets mostly moved lower over the course of the previous session and stocks showed a lack of direction throughout the trading day on Tuesday. The lackluster performance reflected continued uncertainty about …
Continue reading ‘Indian stock market and companies daily report (December 05, 2012, Wednesday)’ »
Views on markets today – The BSE Sensex gained 42.80 points or 0.22% to close at 19,348.12 and Nifty50 surged 18.30 points or 0.31% to close at 5,889.25 led by stocks of Oil & Gas and Power. – The BSE Sensex continued to trade in a tight range on Tuesday in the absence of any …
Continue reading ‘Indian stock market daily morning report (December 05, 2012, Wednesday)’ »
The Indian market is expected to open in the red today tracing negative opening trades in the SGX Nifty and major Asian indices. The US markets moved mostly lower over the course of the trading day on Monday after failing to sustain an early upward move. The initial strength on Wall Street came on the …
Continue reading ‘Indian stock market daily morning report (December 04, 2012, Tuesday)’ »
Indian markets traded in a narrow range today. The market failed to sustain its early gains ahead of crucial FDI vote in parliament tomorrow. The international credit rating agency’s announcement that India’s FY13Q2 numbers for GDP confirms slowdown in Indian economy dampened the investor’s sentiment today. The HSBC manufacturing Purchasing Managers’ Index (PMI) (which gauges …
Continue reading ‘Indian stock market daily closing report (December 03, 2012)’ »
The Indian market is expected to open positively today tracing positive opening trades in the SGX Nifty and major Asian indices. Most of the Asian bourses rose, as JapanRs.s cabinet approved a second economic stimulus package and industrial production unexpectedly increased. The US markets moved mostly higher during trading on Thursday despite seeing some mid-day …
Continue reading ‘Indian stock market and companies daily report (November 30, 2012, Friday)’ »
Indian markets started the December series on a positive note today. The market ended up around 1% today on account of policy initiative from the government. Finance ministers has decided to set up National Investment Board (NIB) which will monitor and advise ministries on expediting projects. The second quarter GDP data for the current financial …
Continue reading ‘Indian stock market daily closing report (November 30, 2012)’ »
The Indian market is expected to open in the green today tracing positive opening trades in the SGX Nifty and major Asian indices. Most of the Asian bourses rose as U.S. lawmakers said they are optimistic for an agreement to avoid automatic spending cuts and tax increases and as the leader of opposition party in …
Continue reading ‘Indian stock market and companies daily report (November 29, 2012, Thursday)’ »
Views on markets today – The BSE Sensex surged 305.07 points or 1.65% to close at 18,842.08 and Nifty50 gained 91.55 points or 1.62% to close at 5,727.45 led by stocks of Realty, FMCG, Banks and Moody’s stable outlook & reform hopes. – Moody’s said India’s rating outlook stable because of country’s strong economic growth …
Continue reading ‘Indian stock market daily morning report (November 29, 2012, Thursday)’ »
Indian markets continued its rally on the expiry day today. The Nifty gained around 2% for the second consecutive trading session today. The declaration by the Goldman Sachs that the India’s GDP growth is expected to accelerate from 5.4% in 2012 to 7.2% in 2014 provided the positive trigger for the Indian markets. The investment …
Continue reading ‘Indian stock market daily closing report (November 29, 2012)’ »
The Indian market is expected to open positively today tracing positive opening in the SGX Nifty and major Asian indices. Most of the Asian bourses gained for a fifth day after European finance ministers cut borrowing costs for Greece and gave the indebted nation time to pay back rescue loans. The US markets turned mixed …
Continue reading ‘Indian stock market and companies daily report (November 27, 2012, Tuesday)’ »
Views on markets today – The BSE Sensex declined 30.44 points or 0.16% to close at 18,537.01 and Nifty50 down 9.30 points or 0.17% to close at 5,635.90 led by stocks of IT and cautious trade amid all-party meet on government’s move to push through economic reforms, especially FDI in multi-brand retail. – Jet Airways …
Continue reading ‘Indian stock market daily morning report (November 27, 2012, Tuesday)’ »
Indian markets ended on a flat note today. IT & Tech index were the top gainers today on account of the positive economic data from the US. Buying interest was seen even in metal stocks today tracking gains in metal on the London Metal Exchange. Jet Airways and SpiceJet ended up 15% and 17% respectively …
Continue reading ‘Indian stock market daily closing report (November 26, 2012)’ »
Views on markets today – The BSE Sensex gained 56.96 points or 0.31% to close at 18,517.34 and Nifty50 up 12.95 points or 0.23% to close at 5,627.75 led by stocks of Bank, IT and the Government might push through its economic reforms to boost economic growth. – Hindustan Copper gained by 11.33% to Rs …
Continue reading ‘Indian stock market daily morning report (November 23, 2012, Friday)’ »
The Indian market is expected to open in the green following positive start to SGX Nifty and major Asian indices after U.S. home building rose to a four-year high, adding to signs that the U.S. economy is recovering well. The US markets ended on a flat note after lack of direction throughout the trading day …
Continue reading ‘Indian stock market and companies daily report (November 21, 2012, Wednesday)’ »
The Indian market is expected to open in green tracing positive cues from SGX Nifty and major Asian indices backed by upbeat U.S. housing data and increasing confidence that a U.S. budget deal would be reached to avoid the fiscal cliff problem. The U.S. market moved sharply higher on Monday following a constructive meeting on …
Continue reading ‘Indian stock market and companies daily report (November 20, 2012, Tuesday)’ »
Views on markets today The BSE Sensex increased 29.63 points or 0.16% to close at 18,339.00 and Nifty50 down 2.65 points or 0.05% to close at 5,571.40 led by stocks of Auto, FMCG and Capital goods. India’s largest car maker Maruti Suzuki gained 3.87%, followed by Bharti Airtel. Bharti Airtel surged 3% and 12.5% in …
Continue reading ‘Indian stock market daily morning report (November 20, 2012, Tuesday)’ »