Market Watch

Wednesday, 2 December 2015

Opening Bell With Current Market Trend By CapitalHeight
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Intraday Stock Cash Tips:-
  • BUY JUBILANT ABOVE 450 TG-455-462 SL 441.3
  • BUY TRF ABOVE 388 TG-393-399 SL 379.9
  • BUY GODFRY ABOVE 1405 TG-1415-1425 SL 1388.3
  • BUY JUBILANT INDUS ABOVE 269 TG-273-278 SL 260.8
 Today’s Market opening:-
The market has opened higher as the Sensex is up 58.13 points or 0.2 percent at 26227.54. The Nifty is up 12.90 points or 0.2 percent at 7967.80. About 819 shares have advanced, 179 shares declined, and 43 shares are unchanged. GAIL, Vedanta, Tata Steel, Bajaj Auto and Coal India are top gainers in the  Sensex while Tata Motors, Axis Bank, Bharti Airtel, Hero and Infosys are among losers. 
Indian Market Overview:-
  • Nifty ended range bound session on a flat note Tuesday after the Reserve Bank of Indiakept its policy rates unchanged. The Indian rupee gained in the early trade. It has opened higher by 14 paise at 66.53 per dollar versus 66.67 yesterday.
  • The 30-share BSE Sensex ended up 23 points at 26169. About 1672 shares have advanced against 1156 declining shares on BSE.
  • HUL was the leading contributor to Sensex's gains, up 3 percent while Infosys, Tata Motors and Axis Bank were down more than 1%Jubilant Life Sciences gained nearly 9% on USFDA nod for anti-depressant tablets Paroxetine and Aurobindo Pharma rose 2% on USFDA approval for Risedronate sodium tablets.
  • Auto stocks were down today as majority of companies' November sales missed analysts'expectations. Tata Motors, Bajaj Auto and Hero Motocorp declined 0.8-1.4 percent aheadof November sales data.
Global Market Overview:-
  • In the U.S., equity markets pointed to a higher open. The Dow Jones Industrial Average futures pointed to a 0.42% gain, S&P 500 futures signaled a 0.40% increase, whilethe Nasdaq 100 futures indicated a 0.42% climb.
  • OPEC will meet in Vienna on Friday to review their output strategy. Iran is expected to propose that Saudi Arabia cut back from production levels of more than 10 million barrels a day, but most market analysts say the kingdom is unlikely to waver from its no-cut policyunless non-OPEC producers, such as Russia, were also in sync with the plan China's GDP growth dipped below 7 percent in the last quarter for the first time since 2009.
  • And despite more positive PMI figures for China’s service industries, several economists predicted that the Chinese government would have to take further stimulus measures to boost the economy.

1 comment:

  1. Stock price may change at anytime in the Share market. Traders have to follow accurate tips and updates for investment in share market. Epic Research conveys share market updates and tips to the traders.