Indian Indices:
Equity benchmarks extended gains in opening despite mixed Asian cues on Tuesday. The Indian rupee opened marginally lower at 64.48 per dollar against previous close of 64.43.Sensex, Nifty extend gains in opening; Tata Motors, Infosys gainers. The BSE Sensex opened higher by 81 points at 31392, while the Nifty50 opened higher by 13 points at the 9670 mark.Nifty50 index now has immediate resistance placed around the level of 9,685, and if it holds above this level, it may extend its upmove up to the levels of 9,710-9,750. On the downside, supports are seen at 9,620 and 9,580.
ICICI Bank was the top Nifty gainer while Lupin was the top Nifty loser on the opening bell on Tuesday. ICICI Bank was trading higher by 2.01% at Rs 295 per share and Lupin was trading lower by 0.9% at Rs 1121 per share. Tata Power, Tata Motors, Infosys, Tata Motors DVR, ICICI Bank, L&T and Bharti Infratel were strong in early trade whereas TCS, Axis Bank, Kotak Mahindra Bank, Lupin, Bajaj Auto and SBI were losers.
There were 872 advances, 543 declines and 484 unchanged stocks on NSE reflecting fairly positive bias floating in the market. The 30-share BSE Sensex was up 34.09 points at 31,345.66 and the 50-share NSE Nifty rose 9.10 points to 9,666.65 amid consolidation. Equity benchmarks extended gains in opening despite mixed Asian cues on Tuesday.
Global Market:
Asian indexes trekked higher in early Tuesday trade as the dollar strengthened following comments from Federal Reserve officials over future interest rate hikes stateside.
US stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favour again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.
Major Headlines of the day:
• SpiceJet-Signs MOU with Boeing for 40 737 MAX airplanes, valued at USD 4.7 billion,737 Max will be the most profitable single aisle plane.
• Fortis Healthcare-SES opposes Fortis's proposal to raise FII limit, IHH set to close deal for Fortis, SRL Fortis stake sale case.
• Vedanta-Depositing Cairn Energy's Rs 670 crore with tax department. Rs 670 crore of divided due to Cairn Energy was with company.
Trend in FII flows: The FIIs were net buyers of Rs -250.39 the cash segment on Monday while the DIIs were net sellers of Rs 529 as per the provisional figures.
Securities in Ban For Trade Date 20-JUN-2017:
1.ALBK
2.BANKINDIA
3.BEML
4.DLF
5.HDIL
6.IBREALEST
7.INFIBEAM
8.JPASSOCIAT
9.KSCL
10.ORIENTBANK
11.RCOM
12.WOCKPHARMA
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.
Get more details here:-
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
0 comments:
Post a Comment