CapitalStars Financial Research Pvt Ltd


CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX. Read More

Commodity Market Services

Commodity Market Services

In this service we provide 3-4 intraday calls in MCX with a high level of accuracy. The calls are given in Precious Metals, Base Metals and Energies. You can also avail Free Tips for two days to test our accuracy and if satisfied you can join the services with Capital Stars. Read More

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We provide you around 1-2 nifty calls, Bank Nifty Futures, nifty futures tips, sgx nifty tips Daily. You can gain more profit, Get 2 days free trial calls. Read More

Equity Market Services

Equity Market Services

In this service we provide 2-4 intraday stock cash calls in NSE/BSE with a high level of accuracy.You can also avail Free Stock Tips for two days to test our accuracy and if satisfied you can join stock cash services with Capital Stars. Read More

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CapitalStars provides Free Trial in Intraday as well as in Positional Services of Equity, Derivatives, and Commodities and Forex Markets. We provide recommendations in NSE, BSE, MCX, NCDEX, and MCX-SX etc. We render you enough entry and exit time in our calls so clients can easily maximize their profits. Read More

Monday, 19 December 2016

Sensex pares losses to turn flat, Nifty trades above 8,150 :19-Dec-2016

The benchmark indices pared losses to turn flat as investors remained sideways in the lack of any major domestic as well as global cues. 

At 10:52 am, the S&P BSE Sensex was trading at 26,441, down 47 points, while the broader Nifty50 was ruling at 8,131, down 9 points.

Broader market also cut losses to outperform the headline indices with BSE Midcap and Smallcap trading little changed. 

"Overall Nifty50 has been consolidating in a broader trading range of 8,055 to 8,275 zones from last fifteen trading sessions and recently the upside hurdle shifted to 8,230 mark. Now, it has to cross and hold above 8,230 to attract fresh buying interest towards 8,280 and 8,335 mark while on the downside supports are seen at 8,080 and 8,055," said brokerage Anand Rathi in a technical note.

Experts believe the market this week is likely to be rangebound as the holiday spirit is expected to keep the market muted on account of less volume on the FII counter.

Sectors and stocks

Sun Pharmaceutical Industries (down 1.25%), Hindustan Unilever (down 0.77%) and HDFC (down 0.79%) were among the major losers from the Sensex pack.

Axis Bank dropped over 1% after the bank announced that it has reviewed and decided to reduce the marginal cost of funds based lending rates (MCLR) of the bank by 10 basis points in the overnight tenor and by 15 basis points across all other tenors. The rates were effective from 17 December 2016. 

Zee Learn gained over 2%, while  Tree House Education tanked 20%  after the former informed the exchanges that they have called off their proposed merger with latter after news broke about Treehouse shutting 113 branches due to fund crunch.

Oil prices rise

Oil prices rose on in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.

Brent crude futures, the international benchmark for oil prices, were trading at $55.51 per barrel, up 30 cents, or 0.5%, from their last close.

US West Texas Intermediate (WTI) crude oil futures were up 38 cents, or 0.7%, at $52.28 a barrel.

Traders said the higher prices in front-month crude futures were due to expectations of a tighter market.

Global markets

Asian shares steadied in early trade on Monday after China agreed to return a U.S. drone it had seized, easing worries about rising diplomatic tensions between the world's two biggest economic powers.

MSCI's broadest index of Asia-Pacific shares outside Japan tacked on 0.1% after falling to its lowest level in three weeks on Friday. Japan's Nikkei dipped 0.2% from one-year high.

Financial markets briefly turned "risk-off" in late US trade on Friday following news that a Chinese Navy warship had seized a US underwater drone in international waters in the South China Sea.

The Dow Jones industrial average ended down 0.04% to 19,843.41 on Friday, while the S&P 500 lost 0.18% to 2,258.07.

The furore appears to have been defused for now after the two countries said on Saturday China will return the drone. 

Looking for investment in Share Market, CapitalStars Financial Research Private Limited provides you best investments Tips in Share Market.It  daily provides intraday and Future calls.We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities.

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