Market Updates Blog

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Opening Bell: Sensex, Nifty flat,Tata Motors gain

Equity benchmarks opened flat with moderate gains as investors cautiously awaited Goods & Services Tax that is expected to be implemented from July 1. The 30-share BSE Sensex was up 65.58 points at 31,356.32 and the 50-share NSE Nifty rose 12.25 points to 9,642.25. TCS, Mahindra & Mahindra, Bharti Airtel, Lupin, Dr Reddy's Labs, Kotak…

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Yellow metal shines today in market

During afternoon trade in the domestic market on Thursday Gold futures were trading higher as investors and speculators extended their positions in the precious metal after rising safe-haven demand on the back of easing greenback and weakness in US Treasury yields. Gold futures for August 2017 contract is trading at Rs 28680 per 10 grams,…

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Markets: Sensex rises 100 pts, Nifty opens above 9650

Equity benchmarks rebounded in opening trade today, with the Nifty reclaiming 9650 level following positive Asian cues. The 30-share BSE Sensex was up 109.69 points at 31,393.33 and the 50-share NSE Nifty gained 30.25 points at 9,663.85, backed by Reliance Industries. Tata Motors DVR , Reliance Industries, Tata Motors, HDFC, Asian Paints, Ambuja Cements and…

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Unlock : Day Trading Basics & Strategy

The most important intraday trading tip while choosing the right stocks to trade during the day is Liquidity. Liquid stocks have huge trading volumes whereby larger quantities can be purchased and sold without significantly affecting the price. Thus, most of the possible gains dissipate while the downside risk still looms. Nonetheless, the liquidity of the stocks depends…

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Profit booking drag Sensex, Nifty in opening today

Equity benchmarks opened moderately lower on Wednesday, with the Nifty breaking 9650 level on weak Asian cues. The 30-share BSE Sensex was downward 45.77 points at 31,251.76 and the 50-share NSE Nifty fell 22.05 points to 9,631.45. HDFC, Tata Motors, Infosys, ICICI Bank, HDFC Bank and ONGC were under pressure while L&T, Reliance Industries, Asian…

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Commodity: White metal shines today in market

During afternoon trade in the domestic market, Silver futures were trading higher as investors and speculators extended their positions in the precious metal on safe-haven demand on the back of global political uncertainties. Silver futures for July 2017 contract is trading at Rs 38257 per kg, up by 0.23 %, after opening at Rs 38177,…

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Sensex, Nifty extend gains in opening today

Today Equity benchmarks extended gains in opening despite mixed Asian cues. The 30-share BSE Sensex was up 34.09 points at 31,345.66 and the 50-share NSE Nifty rose 9.10 points to 9,666.65 amid consolidation. ICICI Bank, Tata Power, Tata Motors, Infosys, Tata Motors DVR, L&T and Bharti Infratel were strong in early trade whereas TCS, Axis…

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Oil prices were under slight pressure on Monday

During afternoon trade in the domestic market on Monday Crude oil futures were trading low as investors and speculators exited their positions in the energy commodity amid continuing expansion in US drilling despite an OPEC-led effort to slash output to tighten the market. Cude oil futures for June 2017 contract is trading at Rs 2866…

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Sensex recover 150 pts, Nifty opens above 9600 today

Equity benchmarks started off the week on a positive note after seeing consolidation in previous two weeks, backed by positive Asian cues. The 30-share BSE Sensex was up 126.50 points at 31,182.90 and the 50-share NSE Nifty rose 33.70 points to 9,621.75 while the broader markets gained half a percent. The market breadth was strong…

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Aadhaar mandatory for opening bank A/c

The central government has made it a must to quote the Aadhaar for opening bank account and financial transactions of Rs 50,000 and above in a bid to curb black money. All existing account holders have also been asked to submit Aadhaar to banks by December 31, 2017, failing which accounts will become invalid. Income…