Fill This Form Now!

Friday, 13 July 2012

Indian mkt week ahead: Inflation, earnings key for stocks


Headline inflation data on Monday will be the key cue for stock markets ahead of the Reserve Bank of India's policy review on July 31.
 A Reuters poll forecasts wholesale price inflation likely rose by 7.62% in June from a year ago, the highest this year.
Traders are eyeing the Presidential election scheduled for July 19, as investors hope the poll will mark the start of policy reforms, including a potential hike in diesel prices and reforms in foreign investment for aviation and retail.
April-June earnings will also be closely eyed. Axis Bank reports its results on Tuesday, followed byBajaj Auto on Wednesday.
Kotak Mahindra Bank , Hero MotoCorp and Dr.Reddy's Laboratories will report fiscal first quarter earnings on Thursday.
Posted by at No comments:

Stock tips best stock tips


Sensex flat amid seesaw trade; Infosys, SBI, Reliance down 
The BSE Sensex shed all its gains as it was trading marginally lower compared to 100 points gains in morning trade. However, European markets extended upmove a bit after Italy successfully sold bonds worth euro 3.5 billion. France's CAC rose 0.5% while Germany's DAX and Britain's FTSE went up 0.7% each.
The BSE benchmark was down 12.3 points to 17,220.25 and the NSE benchmark declined 6.7 points to 5,228.55, even after the Indian rupee gained 66 paise to 55.28 against the US dollar.
 Infosys, country's second largest software services exporter extended losses, falling 1.5% while its rival TCS gained 1.8% after strong numbers in Q1.
Top lender State Bank of India too slipped further, declining 1% and ICICI Bank was down just 0.17% whereas HDFC Bank was off day's high after results, gaining 0.9% compared to intraday spike of 2%.
Metals stocks like Jindal Steel, Hindalco Industries and Sterlite Industries dropped 1.5-2%.
Private power producer Tata Power slipped 1.4%. Top car maker Maruti Suzuki went down 1% and commercial vehicle manufacturer Tata Motors was down 0.4%.
State-owned oil & gas producer ONGC and top telecom operator Bharti Airtel gained 0.8% each.
Two-wheeler major Hero Motocorp rose 1.4%.
In the second line shares, Sintex Industries shot up 2.5% after better than expected profit margin in Q1.
Jain Irrigation, Oracle, United Phosphorous, Piramal Healthcare, Oil India and Mphasis were up 1-1.8%.
Posted by at No comments:

Nifty, Sensex erase gains; Rupee rises 60 paise


Stock market news updates
Indian equity benchmarks were trading off day's high due to fall in Reliance Industries and Infosys. State Bank of India and ITC too were under pressure. However, the buying in HDFC Bank, TCS, HDFC and ONGC was quite supportive
The BSE benchmark went up just 5.5 points to 17,238.03 while the NSE benchmark was down 0.55 points to 5,234.70. The Indian rupee extended recovery, appreciating by 60 paise to 55.33 against the US dollar.
Country's second largest software services exporter Infosys dropped 0.75% due to dismal performance in the quarter ended June 2012. However, its rival TCS stayed 1.77% higher after better than expected earnings in the first quarter.
Index heavyweight Reliance Industries slipped 0.6% and top lender State Bank of India declined 0.4%. FMCG majors ITC and HUL were down 0.2-0.4%.Among metals stocks, Jindal Steel tumbled over 2%. Tata Steel, Sterlite Industries and Hindalco were down 0.9-1.2%.Private sector lender HDFC Bank remained on buyers' radar ahead of results.Shares of HDFC, ONGC, Bharti Airtel, GAIL and Hero Motocorp gained 0.4-1%.The market breadth was slightly in favour of advances; about 1356 shares advanced while 1221 shares declined on the BSE.In the second line shares, SKS Microfinance dropped nearly 7% as the company is likely to incur loss in the first quarter of FY13.Bajaj Corp, Motilal Oswal, Tube Investment, MTNL and SPARC rose 4-6%.
Posted by at No comments:

BEST STOCK TIPS TODAY:NIFTY TIPS


stock tips,best stock tips,stock market,stock tips today,stock tips tommorrow,stock tips share tips,option tips,stock market tips,stock market news,stock market update,stock market secret news,best option tips,best nifty tips,nifty tips,nifty options,nifty future tips,nifty trend today,nifty trend tommorrow.
Jsw steel shares :- Buy cmp 709 tgt 719/729/739 sl below 699
Axisbank stocks price today :- Buy @ 1056-1057.25 sl 1042 tgt 1070-1080
bfutilities stock intraday tips :-  fut Buy  468-469 sl 463 tgt 500

Future tips Indian share market

Buy bankbaroda futures @ 720 -- lot size 250
Buy rolta futures@ 78.50—lot size 4000

Bank Nifty tips,Nifty nse India

Sell nifty at 5270 sl 5295 tgt 5233 5220
BUY BANK NIFTY ABOVE 10700 (SL 10610); TGT- 10750/1082
Posted by at No comments:

Stock market news update | Nifty in tight range; Infosys, TCS, SBI most active


The 50-share NSE Nifty remained in a tight range of 5240-5260 since early trade as it was consolidating after a sharp fall in yesterday's trade. European markets opened higher; France's CAC, Germany's DAX and Britain's FTSE went up over 0.4%
The BSE benchmark rose 46 points to 17,278.35 and the NSE benchmark moved up 11.60 points to 5,246.85.Infosys, India's No. 2 software services exporter continued to fall after disappointing first quarter numbers. The stock was down 0.67% after falling more than 8% in yesterday's trade. However, its rival TCS recouped losses, rising 1.7% today after better than expected numbers in June quarter.
Top lender State Bank of India declined just 0.17% whereas its rival ICICI Bank gained 0.5%. HDFC Bank rallied 1.4% ahead of quarterly earnings today.
FMCG majors ITC and HUL were marginally lower in afternoon trade. Among metals and mining stocks, Sterlite Industries, Tata Steel, Hindalco Industries and Coal India dropped with marginal losses while JSPL lost 1.5%.Top car maker Maruti Suzuki declined 0.9% whereas utility vehicle manufacturer M&M and two-wheeler major Hero Motocorp were up around 1%.
Engineering and construction major by sales Larsen & Toubro and index heavyweight Reliance Industries were flat.
State-owned oil & gas producer ONGC rose 1% and housing finance company HDFC gained 0.6%.
Most active shares on exchanges were SBI, Infosys, TCS, United Spirits and Tata Motors.
Posted by at No comments:

Stock market news update | Nifty in tight range; Infosys, TCS, SBI most active


The 50-share NSE Nifty remained in a tight range of 5240-5260 since early trade as it was consolidating after a sharp fall in yesterday's trade. European markets opened higher; France's CAC, Germany's DAX and Britain's FTSE went up over 0.4%
The BSE benchmark rose 46 points to 17,278.35 and the NSE benchmark moved up 11.60 points to 5,246.85.Infosys, India's No. 2 software services exporter continued to fall after disappointing first quarter numbers. The stock was down 0.67% after falling more than 8% in yesterday's trade. However, its rival TCS recouped losses, rising 1.7% today after better than expected numbers in June quarter.
Top lender State Bank of India declined just 0.17% whereas its rival ICICI Bank gained 0.5%. HDFC Bank rallied 1.4% ahead of quarterly earnings today.
FMCG majors ITC and HUL were marginally lower in afternoon trade. Among metals and mining stocks, Sterlite Industries, Tata Steel, Hindalco Industries and Coal India dropped with marginal losses while JSPL lost 1.5%.Top car maker Maruti Suzuki declined 0.9% whereas utility vehicle manufacturer M&M and two-wheeler major Hero Motocorp were up around 1%.
Engineering and construction major by sales Larsen & Toubro and index heavyweight Reliance Industries were flat.
State-owned oil & gas producer ONGC rose 1% and housing finance company HDFC gained 0.6%.
Most active shares on exchanges were SBI, Infosys, TCS, United Spirits and Tata Motors.
Posted by at No comments:

Stock market news update | Nifty in tight range; Infosys, TCS, SBI most active


The 50-share NSE Nifty remained in a tight range of 5240-5260 since early trade as it was consolidating after a sharp fall in yesterday's trade. European markets opened higher; France's CAC, Germany's DAX and Britain's FTSE went up over 0.4%
The BSE benchmark rose 46 points to 17,278.35 and the NSE benchmark moved up 11.60 points to 5,246.85.Infosys, India's No. 2 software services exporter continued to fall after disappointing first quarter numbers. The stock was down 0.67% after falling more than 8% in yesterday's trade. However, its rival TCS recouped losses, rising 1.7% today after better than expected numbers in June quarter.
Top lender State Bank of India declined just 0.17% whereas its rival ICICI Bank gained 0.5%. HDFC Bank rallied 1.4% ahead of quarterly earnings today.
FMCG majors ITC and HUL were marginally lower in afternoon trade. Among metals and mining stocks, Sterlite Industries, Tata Steel, Hindalco Industries and Coal India dropped with marginal losses while JSPL lost 1.5%.Top car maker Maruti Suzuki declined 0.9% whereas utility vehicle manufacturer M&M and two-wheeler major Hero Motocorp were up around 1%.
Engineering and construction major by sales Larsen & Toubro and index heavyweight Reliance Industries were flat.
State-owned oil & gas producer ONGC rose 1% and housing finance company HDFC gained 0.6%.
Most active shares on exchanges were SBI, Infosys, TCS, United Spirits and Tata Motors.
Posted by at No comments:
Subscribe to: Posts (Atom)