DALAL STREET RALLY CHEERS PEs LOOKING TO EXIT | TODAY MARKET NEWS UPDATE 06 MAY 2017.

TODAY MARKET NEWS

The recent stock market rally that helped the Sensex cross the 30,000 mark has buoyed many private equity investors as a majority of PE-backed firms that entered the market in recent years are trading at up to 300% more than their listing price.

Of the 67 IPOs in past five years, 42 — that is, 63% — have shown positive returns of between 25% and 300%, an ET analysis shows.

“IPO has been one of the most sought-after exit routes for PEs and with the markets going up, if t .

stock market news

NIFTY FALLS BELOW 9350 IN OPENING,SENSEX LOWER | TODAY STOCK MARKET UPDATE 05 MAY 2017.

STOCK MARKET NEWS

Equity benchmarks started off last day of the week on a negative note, with the Nifty falling below 9350 level on profit booking after a rally in previous session on account of RBI's approval for amendments to Banking Regulation Act.

The 30-share BSE Sensex was down 73.03 points at 30,053.18 and the 50-share NSE Nifty fell 23.20 points to 9,336.70.

Bank stocks continued their run up after President gave a nod to ordinance dealing with NPAs, amendment to Banking Regulation Act.

Reliance Industries, Asian Paints, Lupin, Coal India and Dr Reddy's Labs were early gainers.

The rupee opened 6 paise weaker against the dollar at 64.22 as nationalised banks bought the greenback heavily in early trade.

"The USD seems to have taken a breather ahead of US Jobs data later today and second round of French Presidential elections later this week, after a hawkish FoMC," Ashutosh Raina of HDFC Bank said.

The USD-INR pair continues to consolidate around the current levels. He expects the rupee to trade in the 64.10-64.40 range ahead of the crucial data today.

Asian markets struggled as traders await the US nonfarm payrolls data later and after drops in commodity prices overnight. The Australia's ASX 200 fell 0.74 percent while Hong Kong's Hang Seng Index was down 1.06 percent. The China's Shanghai Composite shed 0.68 percent.

Markets in Japan and South Korea remain shut for the Children's Day holiday.

SENSEX AT ALL TIME HIGH, CROSSES 30K ; NIFTY EYES 9350 ON GLOBAL CUES | TODAY STOCK MARKET TREND REPORT 26 APRIL 2017.

TODAY MARKET TRENDS

Equity benchmarks started off day at fresh record high on Wednesday, with the Sensex surpassing psychological 30,000-mark on continued positive momentum and global cues.

The 30-share BSE Sensex was up 83.64 points at 30,026.88 and the 50-share NSE Nifty rose 32.35 points to 9,338.95, backed by banking & financials, FMCG and technology stocks.

HDFC, ITC, TCS, ICICI Bank, M&M, SBI and Reliance Industries were early gainers.

Axis Bank added more than 1 percent ahead of earnings later today while Wipro surged 2 percent on better-than-expected numbers in Q4 and hopes of strong FY18 earnings.

Cipla, Maruti Suzuki, Hero Motocorp, L&T, Bajaj Auto and Dr Reddy's Labs were early losers.

Indian rupee extended gains in early trade and breached the 64 mark against the US dollar in early trade.

It was trading at 63.99, the highest level since August 10, 2015 after opening higher by 7 paise at 64.19 per dollar.

Pramit Brahmbhatt of Veracity says the rupee can breach the stiff resistance of 64.20/dollar and may head higher. He expects the spot USD-INR pair to trade in a range of 64-64.40/dollar today.

Asian indexes traded higher, following the rise in US indexes on the back of strong earnings announcements and on expectations for US President Donald Trump's impending tax reforms.

NIFTY BELOW 9150,SENSEX FLAT | TODAY SHARE MARKET NEWS UPDATE 17 APRIL 2017.

SHARE MARKET NEWS

Benchmark indices started off the week on a flat note but the broader markets outperformed in early trade amid weak Asian cues.

The 30-share BSE Sensex was down 4.18 points at 29,457.27 and the 50-share NSE Nifty fell 2.55 points to 9,148.25. About 672 shares advanced against 321 declining shares on the BSE.

Dr Reddy's Labs share price rallied more than 2 percent after the USFDA has not issued any observations for Srikakulam plant.

Sun Pharma fell over 2 percent after sources told CNBC-TV18 that the US FDA issued 11 observations as part of audit to its Dadra unit, the biggest unit after Halol for the company for US supplies.

Torrent Pharma also lost 2 percent as sources told CNBC-TV18 that two of its plants will be re-inspected by US FDA.

The Indian rupee opened flat at 64.42 per dollar today against Friday's closing of 64.41.

Pramit Brahmbhatt of Veracity says pessimism that persists on back of geopolitical situation and weak cues from domestic equity market will be the reason for Rupee to depreciate today.

He expects the USD-INR pair to trade in a range of 64.20-64.80/dollar today.

Asian equities were mostly lower, with the dollar sinking against the yen, following tensions in the Korean Peninsula and better than expected Chinese economic data.

SENSEX OPENS HIGHER,NIFTY EYES 9200 | TODAY STOCK MAKET NEWS OUTLOOK 11 APRIL 2017.

INDIAN MARKET UPDATES

Equity benchmarks started off day on a mildly positive note, with the Nifty inching towards 9200 level despite weak global cues, backed by Infosys and banks. However, Reliance Industries and FMCG stocks capped gains.

The 30-share BSE Sensex was up 31.01 points at 29,606.75 and the 50-share NSE Nifty gained 5.15 points at 9,186.60.

Infosys was the leading gainer among largecaps, up over a percent ahead of Q4 earnings due on Thursday. A CNBC-TV18 poll expects a 3.7 percent fall in profit and 0.2 percent decline in dollar revenue QoQ.

Vedanta fell 6 percent as the stock adjusted for dividend.

The Indian rupee opened lower by 9 paise at 64.65 per dollar today against previous close of 64.56.

Bhaskar Panda of HDFC Bank says in US, non-farm payroll number was below market expectations but unemployment rate was lower. The dollar index is hovering just below 101.

He expects the USD-INR pair to trade in a range of 64.45-64.65/dollar.

The dollar edged lower as concerns over tensions with North Korea and Syria weighed on US treasury yields and offset expectations of US interest rate hikes.

Asian equities were under pressure, following a lower close on Wall Street as geopolitical tensions continued to weigh.

NIFTY SLIPS BELOW 9050, MIDCAP SINKS TOO | TODAY DERIVATIVE REPORT UPDATE 22 MARCH 2017.

DERIVATIVE REPORT UPDATE

NIFTY REPORT UPDATE

NIFTY FUTURE :	R1:9172	R2:9201	R3:9230
PIVOT :9142	S1:9113	S2:9084	S3:9055

The Nifty opened on a flat note on the back of mixed global cues and thereafter traded with a negative bias for a whole trading session in a narrow range between 9140 to 9116 levels before finally closing at 9126 levels. Sectorally, IT, telecom and oil & gas indices were  closed  0.50% to 1.4% neagtive, while consumer durable index outperformed by gaining 1%.Equity benchmarks snapped two day rising streak and settled lower on the first trading session of the week weighed by profit booking in key heavy weights after the indices surged to record highs

The Sensex shed 130 points or 0.44% to 29518 while the Nifty eased 33 points or 0.36% to settle at 9126. Broader markets outperformed the benchmarks as the BSE mid cap and small cap indices rose 0.17% and 0.30% respectively. The overall market breadth was marginally favouring the declines with A/D ratio of 1:1.06 on the BSE.

Last week Nifty breached the level of 9119 but unable to sustain above that level and then  selling pressure was seen for the second consecutive day  in the market. Support for nifty on daily time frame is at 9130-9120. If Nifty is unable to sustain above 9130-9120 then level on downside is between the 9070-9010, 9060 is the next support for Nifty future.

BANK NIFTY REPORT  OUTLOOK

BANK NIFTY FUTURE REPORT

BANK  NIFTY FUTURE :	R1:21189	R2:21289	R3:21365
PIVOT :21113	S1:21014	S2:20939	S3:20839

Bank Nifty started on a negative note and shown downside movement over the full trading hour’s. Its closed near 21100 , Below 21200 prices may slide towards 21000-20900 tomorrow. Axis bank is again the loser of the day amongst banking stocks.

Bank nifty open at 21153 to its previous closing at 21182 on Monday. Major support of bank nifty seen at 20900. Below 20900 short term bearish trend might be follow by bank nifty. Trader  can keep eye on its support & consolidation phase between the 20900-20850. Below that support level heavy selling pressure might be seen. 

USDINR

USDINR :	R1:65.4525	R2:65.5975	R3:65.6875
PIVOT : 65.3625	S1:65.2175	S2:65.1275	S3:64.9825

The Indian rupee rose to a fresh near-17-month high against the dollar, in line with most Asian currencies as the greenback stayed under pressure after the U.S. Federal Reserve maintained its stance of a gradual pace of future rate hikes last week..Earlier, the rupee resumed  at 65.4075 as against yesterday's closing level of 65.4350. Later, it strengthened sharply to 65.5075 before giving closing at 65.3075. USDINR is expected to trade sideways in today’s session. Resistance is at 65.60 and support is at 65.35 mark.

ASIAN MARKET

NAME	CHANGE	% CHANGE
NIKKEI 225	-65.71	-0.34
STRAITS TIMES	-7.13	-0.23
HANG SENG	91.13	0.37
TAIWAN WEIGHTED	59.52	0.60

Asian markets traded positive on Tuesday. China's Shanghai composite rose 0.35 percent or 11.39.07 points to close at 3,252.52 Hong Kong’s Hang Seng were positive buy 91.13 points.

INDIAN MARKETS

INDEX	PREV.CLOSE	OPEN	HIGH	LOW	CLOSE	GAIN/LOSS
Nifty 50	9126.85	9133.95	9147.75	9087.2	9121.5	-5.35
Nifty IT	10776.75	10769.1	10823.7	10751.3	10787.2	10.45
Nifty Bank	21110.25	21110.65	21146.5	20967	21019	-91.25
Nifty Pharma	10710.6	10669.65	10669.65	10425.15	10493.75	-216.85
India VIX	12.0175	12.0175	12.155	11.0325	11.9425	-0.075

TOP GAINER vs TOP  LOSER

TOP GAINER

Company	LTP(Rs.)	% Change
GRASIM	1093.60	+2.93
ITC	287.55	+2.00
ONGC	194	+1.65
HINDALCO	199.40	+1.63
AMBUJACEM	237.50	+1.41

TOP LOSER

Company	LTP(Rs.)	% Change
IDEA	92.85	-4.96
DRREDDY	2610	-4.55
AXISBANK	489	-2.75
AUROPHARMA	690	-2.10
TATAMTRDVR	283.80	-1.68

SENSEX, NIFTY LOWER ON PROFIT BOOKING | TODAY DERIVATIVE REPORT UPDATE 20 MARCH 2017.

DERIVATIVE MARKET OUTLOOK

NIFTY FUTURE REPORT

NIFTY FUTURE :	R1:9201	R2:9230	R3:9248
PIVOT :8183	S1:9153	S2:9135	S3:9106

The Nifty opened on a strong note to hit new life-time high of 9218 in the opening session led by ITC after the GST council on Thursday cleared a proposal to cap the cess on tobacco and cigarettes. However, the index failed to hold opening gains amid profit booing among heavyweights from banking, capital goods and auto space. After surrendering the initial gains, the index consolidated in a narrow range between 9147 and 9175 before settling at 9160. The FMCG index was the major gainer, up 2.41% mainly led by heavyweight ITC, followed by IT and realty indices, which gained ~0.71% each.The Nifty maintained its rising trajectory and hit a fresh all-time high of 9219 on Friday while the Sensex is still 200 points shy of its 2015 life high of 30024. As per confirmation principle of Dow Theory we await Sensex to hit fresh life-time high to conclude breakout from the two year range. The Nifty has behaved in line with our expectations as the strong breakout above the previous two week’s consolidation range (8860 to 8990) has opened the room for extension of the current up move towards 9250 in the near term. 

On Weekly chart, nifty breaked the level of 9119 but unable to sustain above that level then further selling pressure was seen. Support for nifty seen on daily time frame at 9130 ,if nifty not able to retain that level downside level is between the 9070-9010, 9130 is the next support for nifty.

BANK NIFTY OUTLOOK

BANK NIFTY FUTURE REPORT

BANK  NIFTY FUTURE :	R1:21545	R2:21855	R3:22032
PIVOT :21367	S1:21057	S2:20880	S3:20569

Bank nifty open positive and shown downside movement over the full trading hour’s.  Its closed below 21300 , Below 21200 level, new level for bank nifty would be 21000-20900  come soon. BANK OF BARODA is the losser of the day amongst banking stocks.

Bank nifty open at 21678.50 to its previous closing at 21310 on Friday. Major support of bank nifty seen at 20900 and then 20550. On daily time frame. ts closed at 21234 on Friday session. Below 20900 short term bearish trend might be follow by bank nifty, trader  can keep eye on its support & consolidation phase between the 20900-20600. Below that support short position might be seen. 

USDINR

USDINR :	R1:65.6992	R2:65.8258	R3:65.9117
PIVOT : 65.6133	S1:65.4867	S2:65.4008	S3:65.2742

The Indian rupee pared its initial gains, while holding its 16-months highs by 28 paise to 65.41 in late morning deals, on the back of continued unwinding of dollars from banks and exporters amid heavy foreign capital inflows and strong equities.Earlier, the rupee resumed higher at 65.40 as against yesterday's closing level of 65.69. Later, it strengthened sharply to 65.21 before trading at 65.41 at 1020 hours.

ASIAN MARKETS

NAME	CHANGE	% CHANGE
NIKKEI 225	-68.55	-0.35
STRAITS TIMES	5.86	0.18
HANG SENG	21.65	0.09
TAIWAN WEIGHTED	70.86	0.72

Asian markets traded sideways on Friday, following a flat to lower close on Wall Street, in a light regional data day. China's Shanghai composite fell 0.98 percent or 31.6 points to close at 3,237.31 and the Shenzhen composite slipped 0.81 percent or 16.6 points at 2,029.73. Hong Kong's Hang Seng was positive buy 21.65 points.

INDIAN MARKETS

Name	PREV. CLOSE	OPEN	CLOSE	GAIN/LOSS
Nifty 50	9153.7	9207.8	9160.05	6.35
Nifty Bank	21249.9	21308.45	21175.05	-74.85
Nifty IT	10822.1	10893.85	10900.75	78.65
Nifty Pharma	10731	10776.65	10674.95	-56.25
Nifty Realty	206.45	206.85	208	1.55

TOP GAINER VS TOP LOSER

TOP GAINER

Company	LTP(Rs.)	% Change
ITC	280.25	+4.40
HCL TECH	866.05	+1.25
INFY	1039	+0.99
EICHERMOT	24750	+0.96
TECHM	484.60	+0.73

TOP LOSER

Company	LTP(Rs.)	% Change
IDEA	107.80	-4.56
BHARTIARTL	344.60	-4.45
BANKBARODA	164.85	-2.20
TATAMTRDVR	287	-2.00
SBI	274	-1.90