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, 6 March 2017

Sensex reclaims 29,000, Nifty hits 8,950 even as global markets drop : 6 Mar 2017

The benchmark indices on Monday continued to trade higher even as global markets traded mixed after US Federal Reserve Chair Janet Yellen indicated near-certain prospect of an interest rate hike in March barring any sharp deterioration in economic conditions.

At 09:37 am, the S&P BSE Sensex was trading at 29,028, up 196 points, while the broader Nifty50 was ruling at 8,950, up 53 points. 

In the broader market, the BSE Midcap and BSE Smallcap indices gained 0.6% and 0.5%, respectively. 

"A strong support is seen in the zone of 8,850-8,800 on Nifty; whereas the immediate resistance level is at 8,993. We would reiterate that the trend is strong and hence, one should look to utilise intra-week dips to create fresh longs rather than getting worried about the overbought condition of the market," said brokerage Angel Broking in a technical note. 

Buzzing stocks

IT stocks such as Infosys and TCS were the top losers and shed 1% each on the Sensex, while Bharti Airtel gained over 1% to lead the index. 

Shares of Dredging Corporation rallied over 16% to hit its 52-week high on news report that the government is looking to sell a 51% stake in the company. 

Fed rate hike in March?

Yellen, in a speech on Friday signaled the Fed is set to raise interest rates this month if employment and other economic data hold up. She also said rates are likely to rise faster this year.

US money market futures are pricing in about 90% chance the Fed will raise interest rates by 0.25 percentage point at its meeting on March 14-15, with another rate hike fully priced in by September.

Geopolitical tensions 

Risk appetite also took a hit on rising geopolitical tensions in East Asia, as North Korea fired four ballistic missiles early in the day, while a spat between China and South Korea over missile defence deepened.

China cuts growth goal

China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a rapid build-up in debt, and erects a "firewall" against financial risks.

China aims to expand its economy by around 6.5% compared to its 2016 goal of 6.5 to 7% when actual growth came in at 6.7%.

Global markets

US stock futures dipped 0.4%, a fairly large move for Asian trade. Japan's Nikkei dropped 0.4%, Seoul shares were down 0.5%, Australia dipped 0.1%, while China's Shanghai Composite and Hong Kong's Hang Seng index bucked the trend to gain 0.3% and 0.2%, respectively. 

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 
* Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647


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