Market Watch
Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Wednesday 4 March 2015

Stock Market Evening News –Sensex fell from mount 30K to end 213 points down



The S&P BSE Sensex plunged over 730 points from all-time high of 30,024.74 on Thursday. This, despite a surprise rate cut by the Reserve Bank of India. All the sectoral indices, barring healthcare, are in the red with oil & gas and rate-sensitive sectors leading the fall.
The Sensex ended the day at 29,380.73; down 213.00 points. The Nifty closed the day at 8,922.65; down 73.6 points.
While it's still on the move, here are three factors that could have triggered this sharp fall.
Profit booking: Nifty has been on an uptrend trajectory for the past four sessions. It rallied 5 per cent from 8,683.85 on February 26 to an all-time high of 9119.20 in trade today. According to analysts, it ran up sharply in a short period of time and some profit booking was anticipated.
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is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @
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Live Stock Market Tips— Sensex hits 30000, Nifty at 9100 on RBI move



Record high: Sensex hits 30000, Nifty at 9100 on RBI move

The market has opened at record high after Reserve Bank of India, in a surprise move, cut repo rate by 25 basis points to 7.5 percent. The Sensex is up 407.43 points or 1.4 percent at 30001.16, and the Nifty is up 112.90 points or 1 percent at 9109.15. About 533 shares have advanced, 94 shares declined, and 93 shares are unchanged.

 The Reserve Bank of India signaled that it was convinced by the fiscal consolidation measures announced in the Budget. The RBI has kept the cash reserve ratio (CRR) unchanged at 4 percent.
 "Disinflation is evolving along the path set out by the Reserve Bank in January 2014 and, in fact, at a faster pace than earlier envisaged," the RBI said in its statement for the reasons behind the rate cut. This is the second out of turn 25 basis point-cut after the one in January.
It is a celebration time for the bank stocks with major gainers like SBI, ICICI Bank, Axis Bank and HDFC. M&M is also up 2 percent. Among the losers are Dr Reddy's Labs, GAIL and Wipro.
The Indian rupee opened higher by 26 paise at 61.66 per dollar. 
Intraday Stock Cash Tips:
BUY AJANTAPHARMA (LCP-3060.15) ABOVE 3070 TG-3095-3130
BUY SRF (LCP 983.5) ABOVE 986 TG-993-1005
BUY TATA SPONGE (LCP 901.8) ABOVE 904 TG-910-920
BUY TATA ELEXI (LCP-1390.7) ABOVE 1400 TG-1410-1425
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com  or call at 0731-6615050, 9993066624.

Saturday 28 February 2015

Budget 2015: Nifty at 1-mnth closing high



After a volatile day, the market ended Budget day trading on a higher note. The Nifty was at a 1-month closing high. The 50-share index was up 57.25 points at 8901.85. The Sensex ended up 141.38 points. About 1241 shares have advanced, 1494 shares declined, and 220 shares are unchanged.
Axis Bank, Sun Pharma, Tata Motors, ICICI Bank and HUL were top gainers in the Sensex. ITC lost 8 percent, BHEL, NTPC, Hindalco and Tata Power were major laggards in the Sensex. The Finance Minister said that total additional public investment over and above is planned to be Rs 1.25 lakh crore out of which Rs 70,000 crore would be capital expenditure from budgetary outlays. “We also have to take into account the drastically reduced fiscal space; uncertainties that implementation of GST will create; and the likely burden from the report of the 7th Pay Commission,” he said.
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD.
is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @
Stock Cash Tips  or call at 0731-6615050, 9993066624.

Live Market Updates: market awaits Budget speech



Sensex strong, Nifty at 8900


The market is still holding up gain. The Sensex is up 213.77 points or 0.7 percent at 29433.89 and the Nifty is up 55.85 points or 0.6 percent at 8900.45. About 1032 shares have advanced, 308 shares declined, and 120 shares are unchanged.
All eyes are on the fiscal deficit number. FM Arun Jaitley is expected to remain committed to the path of fiscal consolidation. The government is likely to meet the fiscal deficit target of 4.1 percent in FY15 and aim for 3.6 percent in FY16. Gross market borrowings are likely to inch up to Rs 6.23 lakh crore in FY16.
The S&P 500 gained 5.5 percent for the month, while the Nasdaq rose 7.1 percent, its best monthly performance since January 2012. The strong gains have pushed the Nasdaq within striking distance of the 5,000 mark and record highs set in March 2000. A separate economic report showed a gauge of business activity in the US Midwest dropped to its lowest reading since July 2009 in February.
Today Stock Trading Tips:
·BUY MCX (LCP-1054.35) ABOVE 1057 TG-1067-1080
·BUY BFINVEST (LCP 179.55) ABOVE 181 TG-184-188
·BUY WOCKHARDT (LCP 1584.35) ABOVE 1587 TG-1597-1610
·BUY ROLTA (LCP-177.25) ABOVE 178.5 TG-181-185
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ Equity Tips  or call at 0731-6615050, 9993066624.

Thursday 26 February 2015

Sensex slips below 29000| ahead of Rail Budget 2015| Nifty tests 8750



Sensex, Nifty flat; rail stocks dip ahead of Prabhu's speech
The market has opened flat on February F&O expiry and Railway Budget day. The Sensex is up 27.01 points or at 29035.00 and the Nifty is up 11.75 points at 8779.00. About 371 shares have advanced, 126 shares declined, and 111 shares are unchanged.
Sesa Sterlite, NTPC, ICICI Bank, ONGC and GAIL are top gainers while Infosys, BHEL, Tata Power, Coal India and Dr Reddy's Labs are among the losers in the Sensex.
All rail stocks are under pressure as Suresh Prabhu prepares to read out Railway Budget at 12 pm today.
The Indian rupee opened marginally higher at 61.93 per dollar on Thursday against previous day's closing value of 61.97 a dollar.
Stock Cash Tips Today:
·SELL BEML (LCP-981.7) BELOW 980 TG-974-965
·SELL JET AIRWAYS (LCP 455) BELOW 453 TG-449-443
·BUY WOCKHARDT (LCP 1603.85) ABOVE 1605 TG-1615-1628
·BUY MCX (LCP-1065.1) ABOVE 1068 TG-1075-1085
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock and share market tips For More Info and Free Trials@ Equity Tips  or call at 0731-6615050, 9993066624.