NIFTY OPENS ABOVE 9400,SENSEX HIGHER | TODAY NIFTY TREND UPDATE 12 MAY 2017.

TODAY NIFTY OUTLOOK

Equity benchmarks started off last day of the week on flat note with a positive bias as investors awaited more corporate earnings after digesting good monsoon forecast.

The 30-share BSE Sensex was up 45.86 points at 30,296.84 and the 50-share NSE Nifty rose 14.30 points to 9,436.70.

Infosys, SBI, Tata Motors, HUL, M&M, Bank of Baroda and Kotak Mahindra Bank were early gainers while TCS, Bharti Airtel, ICICI Bank, HDFC Bank, Axis Bank, Bharti Infratel and Indiabulls Housing were losers.

The Indian rupee opened higher by 5 paise at 64.33 per dollar versus previous close of 64.38.

Ashutosh Raina of HDFC Bank expects the rupee to continue trading in 64.20-64.70/dollar range, with a weakening bias.

The dollar fell while treasury yields reversed earlier declines, as political uncertainty in the United States sent investors in search of safer investments like gold and the Japanese yen. The dollar fell half a percent versus the yen.

Markets in Asia were mostly weaker, with the Japan's down 0.7 percent, following weak earnings from US retailer Macy's and ahead of the G7 finance meeting in Italy.

MONDAY COULD BE A MAKE OR BREAK FOR NIFTY; TODAY STOCK UPDATE 14 APRIL 2017.

STOCK MARKET NEWS

After days of the sideways movement, Nifty gave first sign of feebleness after it closed below the three-digit Gann number of 9,160 for the first time since 29th March 2017. 

However, a confirmation of a close below the same is required to ensure a change in orbit towards 9,010. Meanwhile, Bank Nifty is acting like a lone warrior after posting a weekly rally of 1.1 percent as it continues to trade above the four-digit Gann support of 21,400. 

Recent out performance of Bank Nifty has restricted the decline in the markets. It certainly holds the key in deciding the next leg of the journey of the index. 

Post the five weeks of consolidation at the top and lack of momentum to carry the index past 9,300 suggests that market is missing the much-required ammunition. 

By the end of Monday’s session, the index will give a clear signal whether the markets are sustaining at current levels or not.

CORPORATE NEWS:-

1. Mukesh Ambani retains the richest Indian title in Global Rich List; Mumbai is home to 42 billionaires.
2. Tata Power appoints N Chandrasekaran as Chairman.

SENSEX TRIMS EARLY GAINS, NIFTY AROUND 8950 | TODAY SHARE MARKET REPORT UPDATE 10 MARCH 2017 .

SHARE MARKET REPORT

Investors cheered the results of UP exit poll as the Sensex gained more than 100 points and the Nifty is eyeing 9000 level. The 30-share BSE Sensex was up 127.50 points at 29,056.63 and the 50-share NSE Nifty rose 43.05 points to 8970.05. About 711 shares advanced against 190 declining shares on the BSE. Adani Ports, Hero Motocorp, ICICI Bank, Larsen and Toubro, GAIL, Tech Mahindra, Kotak Mahindra Bank, Bank of Baroda and Tata Motors (DVR) were early gainers while ONGC was under pressure. After the high-intensity battle for over two months, exit polls released on Thursday have predicted BJP cruising through in Uttar Pradesh; AAP in pole position in Punjab, but it has a wafer-thin lead over the Congress. BJP is seen snatching the rule from Congress in Uttarakhand. In Goa, BJP is likely to come up trumps with debutant AAP trailing behind. Congress is marginally ahead in Manipur and may win the state election for third time in a row The Indian rupee opened marginally higher at 66.69 per dollar against previous close of 66.71. Ashutosh Raina of HDFC Bank said, "In the run up to the March FOMC next week, the probability of Fed hiking rates has gone up substantially. While the rupee continues to gain on the back of sustained portfolio inflows, depreciation is likely as the dollar continues to gain." "We expect the USD-INR pair to trade in a range of 66.60-66.90/dollar today," he added. The dollar firmed to six-week highs against the yen and looked set for a modest weekly gain as investors awaited US job data later in the day that is expected to reinforce expectations of a Federal Reserve interest rate hike next week.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-trims-early-gains-nifty-around-8950-oil-psus-fall_8625221.html?utm_source=ref_article

SENSEX OPENS LOWER, NIFTY BREAKS 8900 | TODAY SHARE MARKET NEWS UPDATE 09 MARCH 2017

SHARE MARKET TIPS

Benchmark indices opened lower, with the Nifty breaking 8900 in early trade as investors remained cautious ahead of exit polls for assembly elections later today. The 30-share BSE Sensex was down 86.46 points at 28815.48 and the 50-share NSE Nifty fell 21.90 points to 8902.40. GAIL and Dr Reddy's Labs were top losers among Sensex and Nifty stocks, down 3 percent followed by BHEL, ONGC, HUL, Wipro and Infosys. Asian Paints, Hero Motocorp, Maruti Suzuki, Sun Pharma, Bajaj Auto, BPCL and TCS were early gainers. The Indian rupee opened lower by 11 paise at 66.81 per dollar versus previous close of 66.70. Mohan Shenoi of Kotak Mahindra Bank said, "A US Fed rate hike in March looks almost certain and currency markets seem to have fully priced it in. The rupee however is resilient on the back of FII flows into Indian equity markets." He expects the USD-INR pair to trade in a range of 66.70-67/dollar for the day. The dollar held gains as a stronger-than-expected US private-sector jobs figures in February sealed expectations that the Federal Reserve will raise interest rates next week. The ADP national employment report showed that private payrolls grew the most since December 2015. Traders now price in an 85.2-percent chance of a Fed rate hike next week. Asian equities were a mixed picture, as traders digest China's February inflation data and track crude oil prices.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-opens-lower-nifty-breaks-8900-dr-reddys-gail-fall_8618541.html?utm_source=ref_article

SENSEX, NIFTY MARGINALLY HIGHER AMID CONSOLIDATION | TODAY STOCK MARKET DERIVATIVE REPORT UPDATE 27 SEPTEMBER 2016.

NIFTY FUTURE | DERIVATIVE REPORT

NIFTY OUTLOOK:-

NIFTY FUTURE :	R1:8795	R2:8856	R3:8890
PIVOT :8761	S1:8700	S2:8666	S3:8605

Nifty closed with a loss of 109 points at 8,723. Nifty opened at 8,808 hitting a high of 8,810 and low of 8,715. The Indian equity market ended in the red as indices extended their losing streak to a second consecutive trading session on Monday. The domestic market extended its fall and hit a fresh intraday low in afternoon trade as European stocks declined in early trade there. The India VIX index was up 9.94% at 14.5650. Today’s major decline was led by the telecom, auto, banking, utilities, industrial, FMCG, finance, capital goods and power stocks, while energy, oil & gas and metal were among the gainers. The BSE Midcap and Smallcap indices closed lower by 0.5% each. The rupee was trading lower by three paise at 66.68 per US dollar. On the global front, Asian Markets closed in a negative territory. European markets opened sharply down on Monday following steep losses in Asia and also sell-offs in oil and gas shares .

Nifty open down on Monday  and  shown range range  movement over the full market hour’s. Nifty next support would be 8700-8750.Traders can go short on a break below 8600. Range bound movement may be seen in Nifty ,if its maintain the level of 8800 so, up sided movement would be up to 9050-9150.

NIFTY BANK FUTURE

NIFTY BANK OUTLOOK

NIFTY FUTURE :	R1:19788	R2:19932	R3:20014
PIVOT :19705	S1:19562	S2:19479	S3:19336

Bank nifty open down and shown range bound movement over the full trading session on Thursday, Bank Nifty upward movement would be seen above 20000, below 19800 bank nifty downside level  may be 19600-19400. ICICI BANK (-3.21%) and  AXIS BANK (-1.80%) is the top losers    of the day.

Bank nifty opened down at 19811.00, to its previous closing 19948.50 on Monday and touched high of 19849.65. In  Bank nifty bullish trend seen above the level of 20000-20500. if it’s maintain the level, then new level 20800-20900 will be expected. Below 19800 bank nifty downward  movement seen in between the level of  19600-19400.

USDINR

USDINR :	R1:66.74	R2:66.86	R3:66.92
PIVOT : 66.68	S1:66.56	S2:66.50	S3:66.38

The Indian rupee opened lower by 10 paise at 66.75 per dollar on Monday versus 66.65 Friday. The rupee recovered from 67/dollar levels on global cues and performance of Indian equity market. It is expected to trade in range of 66.20-66.80/dollar today. The dollar index edged higher on Friday, reversing earlier selling, after Boston Federal Reserve president Eric Rosengren said he believed US short-term interest rates should be raised now and warned a decline in the jobless rate below sustainable levels could derail economic recovery.

ASIAN MARKET

NAME	CHANGE	% CHANGE
NIKKEI 225	-209.46	-1.27
STRAITS TIMES	-7.01	-0.25
HANG SENG	-368.56	-1.58
TAIWAN WEIGHTED	-90.10	-0.98

Asian markets finished sharply lower today with shares in China leading the region. The Shanghai Composite is down 1.76% while Hong Kong's Hang Seng is off 1.56% and Japan's Nikkei 225 is lower by 1.25%.

INDIAN MARKETS

Name	Change	% Change	Open	High	Low
Nifty 50	-108.50	-1.24	8807.90	8809.55	8715.10
Nifty Bank	-310.05	-1.58	19792.20	19794.15	19568.35
Nifty Metal	-2.55	-0.10	2539.20	2557.95	2529.50
Nifty Pharma	-89.95	-0.77	11802.80	11831.75	11688.85
Nifty Realty	-5.00	-2.43	209.60	210.50	205.00

Name	Change	% Change	Open	High	Low
Sensex	-373.94	-1.32	28630.92	28630.92	28272.03
S&P BSE Small Cap	-71.52	-0.55	12964.43	12989.14	12873.63
S&P BSE Midcap	-71.15	-0.54	13331.42	13355.21	13239.31

TOP GAINER vs TOP LOSER

--TOP GAINER-

Company	Prev. Close(Rs.)	Current Price(Rs.)	% Change
BHARAT PETRO.	604.65	622.45	+2.94
COAL INDIA	328.40	332.45	+1.23
ZEEL	524.60	530.65	+1.15
DR.REDDY’S LABS	3182.20	3199.65	+0.55
RELIANCE INDS.	1102.80	1107.20	+0.40

--TOP LOSER--

Company	Prev. Close(Rs.)	Current Price(Rs.)	% Change
ONGC	260.55	249.55	-4.22
ICICI BANK	271.25	262.55	-3.21
TATA MOTORS	553.05	535.30	-3.21
NTPC	156.90	152.15	-3.03
IDEA	82.50	80.30	-2.67

nifty cash, stock research india, stock trading tip, equity cash intraday tips, stock future tips provider.

VISITS:- http://www.equityresearchlab.com.