Today’s Indian Market Position By Capital Height

Indian Rupee Update :-

The Indian rupee has opened higher in early trade on Thursday. It has gained 19 paise at 66.10 per dollar versus 66.29 Wednesday.The USD-INR is expected to trade today in a range of 66.10-66.35/dollar

Intraday Stock Cash Tips :-

BUY GODFRY ABOVE 1200 TG-1210-1220 SL 1187.35

BUY NAVINFLOUR ABOVE 1960 TG-1973-1995 SL 1937.85

BUY ARROWCOAT ABOVE 724 TG-730-738 SL 714.85

BUY ZENSAR TECH ABOVE 1040 TG-1048-1058 SL 1027.85

 Today’s Indian Market:-

• Nifty future fell more than 1.5 percent on global weakness dragged by banking & financials, technology and metal shares. Nifty future fell by 120 points to end at 7731.
• The 30-share BSE Sensex plunged 381 points and closed at 25482. The fall in broader markets was less compared to benchmarks as the BSE Midcap and Smallcap indices were down 0.7 percent each.
• The Cabinet on Wednesday has approved proposal to sell 10 percent equity stake in Coal India, the country's largest coal mining company.
• The Government of India currently has 79.65 percent equity shareholding in the Coal India while foreign institutional investors have 9.04 percent stake and domestic institutional investors 8.44 percent stake as of September 2015.

The market has opened higher after a sharp slide yesterday. The Sensex is up 165.64 points or 0.6 percent at 25648.16 and the Nifty is up 48.50 points or 0.6 percent at 7780.30. About 658 shares have advanced, 89 shares declined, and 24 shares are unchanged. Hero MotoCorp, Maruti, ICICI Bank, Bajaj Auto and Vedanta are top gainers in the Sensex. Among the losers are GAIL and M&M.  

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-plus-tips.php or call at 0731-6615050.

NSE BSE EQUITY TIPS BY CAPITALHEIGHT

INTRADAY STOCK CASH TIPS:-

• BUY GODFRY ABOVE 1270 TG-1277-1287 SL 1254.95
• BUY NAVINFLOUR ABOVE 1980 TG-1990-2008 SL 1959.9
• SELL DR REDDY BELOW  3435 TG-3425-3410 SL 3458.85
• BUY ZENSAR TECH ABOVE 1035 TG-1043-1053 SL 1019.9

INDIAN MARKET OVERVIEW :-

         Nifty traded higher for second consecutive session on Tuesday, tracking positive global cues. Nifty rose by 30 points to end at 7837.

          The 30-share BSE Sensex climbed 104 points and closed at 25864 led by Relief rally in FMCG, metals and select banking & financial.

          Videocon Industries will raise USD 97.20 million (about Rs 641 crore) through five year Foreign Currency Convertible Bonds (FCCBs) due in 2020.

           Ajanta Pharma launched generic version of Singulair granules, used in the treatment of asthma, in the US market.

GLOBAL MARKET OVERVIEW :-

          Asian and European markets gained strength today, taking positive lead from Wall Street. In Asia, Hang Seng, Nikkei, Kospi and Taiwan Weighted closed 1-1.5 percent higher.

           Share markets in China tracked the gains across Asia on Tuesday, with the benchmark Shanghai Composite elevating 0.9 percent at the start of trade.

           In Europe, France's CAC rallied 2 percent followed by Britain's FTSE and Germany's DAX with 1.7 percent upside.

Greece reached an agreement with its lenders on financial reforms early on Tuesday, its finance minister said, removing a major obstacle holding up fresh bailout loans for the cash-starved country. 

MARKET NEWS:-

The market has opened on a flat note following lacklustre global cues Wednesday. The Sensex fell 10.44 points to 25854.03 and the Nifty declined 7.95 points to 7829.60. Infosys fell again on margin warning, down nearly 2 percent. HDFC, TCS, Axis Bank, Hero Motocorp and ONGC were down over 0.4 percent. ITC continued to be lead contributor to Sensex's gains, up 0.5 percent followed by Tata Motors, Lupin. The Indian rupee has opened lower by 10 paise at 66.12 per dollar today against previous days's closing value of 66.02 a dollar.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-premium.php or call at 0731-6615050.

Indian Share Market Position By Capitalheight

Intraday Stock Cash Tips:-

• BUY GODFRY ABOVE 1147 TG-1157-1167 SL 1131.85
• BUY NAVINFLOUR ABOVE 1825 TG-1838-1859 SL 1797.85
• BUY COSMO FILMS ABOVE 289TG-293-297 SL 281.1
• BUY ZENSAR TECH ABOVE 992 TG-999-1009 SL 979.9

Market News:-

                        With the Asian markets bouncing back in early trade, the US market closing one percent up and the market indicator SGX Nifty also trading 42 points up around 7869, the Indian equity market is likely to open in the Green. Stocks in the US gained on a sharp jump in oil prices boosted by geopolitical concerns following weekend terror attacks in Paris. Major indices closed more than 1 percent higher, recovering some of their sharp declines of last week. On the economic data front, November empire manufacturing index came in at minus 10. In Europe equities ended mixed to slightly higher as investors digested the potential impact of a series of terrorist attacks in Paris on Friday night

Indian Market overview:-

• Nifty started off on a negative note on weak global cues post Paris attacks but managed to rebound in afternoon trade to take above 7800. Nifty ended by 44 points up or 0.57% and closed at 7806.
• The 30-share BSE Sensex climbed 149.57 points or 0.58 percent to 25760 led by relief rally in beaten down stocks like banks, infra, metals, oil and select FMCG.
• Shares of Apollo Tyres climbed 3.4 percent intraday Monday as India's second-largest tyre manufacturer will buy German-based tyre retail and distribution company Reifencom GmbH for 45.6 million euro in all cash deal.
• Reliance Infrastructure gained 6 percent on signing agreement with Canadian pension fund to sell 49 percent stake in Reliance Energy.

Global Market Overview:-

• Asian stocks were hit by a sell-off early Monday, with sentiment badly dented by Friday's brutal terrorist attacks in Paris.
•  The Nikkei 225 fell 0.97%, while the S&P/ASX 200 dropped 0.81% and the Shanghai Composite declined 0.46%.
• In Japan, quarter-on-quarter third quarter GDP fell 0.2%, compared to an expected 0.1% drop, while the year-on-year pace slumped 0.8%, compared to a 0.2% drop seen.
• New Zealand, retail sales quarter-on-quarter in the third quarter rose 1.6%, beating an expected 1.3% gain.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-plus-tips.php or call at 0731-6615050.

Intraday Stock Cash Tips &Trends By Capital Height

Intraday Stock Cash Tips :-

SELL ATUL BELOW 1650 TG-1637-1625 SL 1673.85

SELL NAVINFLOUR BELOW 1710 TG-1695-1677 SL 1738.3

SELL JINDAL POLY BELOW 516 TG-511-505 SL 526.85

SELL NILKAMAL BELOW 996 TG-988-980 SL 1011.1

Market News:-

• The market has opened on lower level. The Sensex is down 89.45 points or 0.3 percent at 25521.08. The Nifty slips 29.60 points or 0.4 percent at 7732.65. About 366 shares have advanced, 376 shares declined, and 47 shares are unchanged. Dr Reddy's Labs, Tata Steel, GAIL, NTPC and L&T are top gainers.
• The S&P BSE Sensex slipped over 100 points in morning trade on Monday, led by losses in Infosys, HDFC, ONGC, TCS, Tata Motors, and HDFC Bank.
• The Nifty50 was down below its crucial psychological level of 7,750, weighed down by losses in IT, metal, oil & gas, and realty stocks.
• The shares of Coal India gained over 2 per cent after the company reported its Q2 earnings post market hours on Friday. Meanwhile, Vedanta, CIpla and Hindalco shares tumbled up to 4 per cent.

Indian Rupee Update :-

The Indian rupee slipped in early trade Monday. It has opened lower by 10 paise at 66.20 per dollar versus 66.10 Friday.We see the range between 65.70-66.50/dollar for today.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-premium.php or call at 0731-6615050.