SENSEX, NIFTY OPEN AT FRESH RECORD HIGH | TODAY SHARE MARKET NEWS UPDATE 16 MAY 2017.

STOCK MARKET NEWS

Equity benchmarks opened at fresh record high on Tuesday, continuing upside despite mixed Asian cues.

The 30-share BSE Sensex was up 63.33 points at 30,385.45 and the 50-share NSE Nifty rose 12.55 points to 9,457.95. About 643 shares advanced against 258 declining shares on the BSE.

Bharti Airtel was the biggest gainer among largecaps, up nearly 3 percent followed by Tata Steel, TCS, Dr Reddy's Labs, IOC, ACC and ICICI Bank.

Asian Paints, HDFC Bank, BHEL, HDFC, Adani Ports, Kotak Mahindra Bank, Cipla and Bank of Baroda were early losers.

The Indian rupee was flat at 64.06 per dollar in opening against previous day's close of 64.06.

Bhaskar Panda of HDFC Bank says the rupee has been supported by global cues as well as firm flows from FIIs and FDI. Today, he expects the USD-INR pair to trade in a range of 63.95-64.20/dollar range.

Dollar weakened against a major basket of currencies after a weaker than expected US economic data dampened the outlook for the pace of further tightening by the Federal Reserve this year.

Asian markets were mixed, following the bounce in oil prices after the energy ministers of Russia and Saudi Arabia announced output cuts should be extended till March 2018 and as investors largely shrugged off US political news on President Donald Trump.

SENSEX,NIFTY OPEN AT FRESH RECORD HIGH | TODAY SHARE MARKET TREND OUTLOOK 11 MAY 2017.

MARKET UPDATE

Equity benchmarks continued their positive performance, with the Nifty opening at a fresh record high of on Thursday. Indices opened comfortably above their new milestones.

The Sensex was up 52.38 points at 30300.55, while the Nifty was up 26.10 points at 9433.40. the market breadth was healthy as 629 shares advanced against a decline of 172 shares, while 45 shares were unchanged.

Midcaps and banks gained around half a percent, along with the IT index.

Mahindra & Mahindra, Tata Steel, Hindalco and Zee Entertainment were the top gainers, while Bharti Airtel and HUL lost the most.

HCL Technologies was up over 1 percent following its better than expected Q4 results, while Zee Entertainment gained 3 percent on the back of strong March quarter performance.

Asian indexes were cautiously higher in early Thursday trade, following a mixed close stateside as investors noted Snap's USD 2.2 billion loss, and monitored potential fallout on President Donald Trump's policies after FBI Director James Comey was fired.

Comey was dismissed by US President Donald Trump yesterday reportedly to increase public trust. The search for Comey's replacement is underway.

The Nikkei 225 edged up 0.2 percent while South Korea's benchmark Kospi index added 0.55 percent on Thursday. The ASX 200 was slightly higher, gaining 0.04 percent in early trade.

US stocks were mixed on Wednesday as investors digested President Donald Trump's abrupt dismissal of his FBI chief as well as corporate earnings from Walt Disney and Nvidia.

The Dow Jones industrial average lost ground, while the Nasdaq closed at a record high.

SENSEX OPENS FLAT,NIFTY ABOVE 9300 | TODAY STOCK MARKET TREND OUTLOOK 09 MAY 2017.

STOCK MARKET OUTLOOK

Benchmark indices opened in the green on Tuesday, with indices posting marginal gains and holding on to key milestones.

The 30-share Sensex was up 35.66 points at 29961.81, while the Nifty was up 11.50 points at 9325.55. The market breadth was healthy as 593 shares advanced against a decline of 179 shares, while 31 shares were unchanged.

Asian Paints, Hero MotoCorp, HDFC and Indian Oil were top gainers on both the indices, while Adani Ports, Bharti twins and Ambuja Cements lost the most.

On the global front, the S&P 500 ended flat on Monday after briefly touching a record high, while Wall Street's "fear gauge" dropped to its lowest in over two decades following centrist Emmanuel Macron's victory in the French presidential election.

The CBOE Volatility index dropped 7.6 percent to 9.77, its lowest since 1993 as investors took comfort from Macron's victory, as well as from strong quarterly reports in recent weeks.

A declining VIX typically indicates a bullish outlook for stocks, but the extreme lows the index has touched are sounding caution for some stock investors.

Asian equities were mostly muted after soaring in the previous trading session with investors focused on key regional events unfolding in the day, including a presidential election in South Korea and the release of the Australian federal budget.

Gold inched up early on Tuesday as Asian stocks eased, but was sitting near a seven-week low hit in the previous session as Emmanuel Macron's victory in French elections dampened the safe-haven appeal of the metal.

Meanwhile, following a successful IPO issue, S Chand and Company will be listing itself on the exchanges later in the day.

The IPO saw solid investor demand after it was oversubscribed 59.28 times at the close of its bidding hours.

The textbook publisher’s issue received bids for 45,56,00,794 shares against the total issue size of 76,85,284 shares, data available with the NSE showed.

SENSEX SOARS 170PTS, NIFTY ABOVE 9250 | TODAY STOCK MARKET TREND UPDATE 25 APRIL 2017.

STOCK MARKET NEWS

Equity benchmarks extended gains on Tuesday as the Sensex opened higher by more than 150 points and the Nifty reclaimed its 9250 level, backed by Reliance Industries. Positive Asian cues also aided the rally.

The 30-share BSE Sensex was up 171.05 points at 29,826.89 and the 50-share NSE Nifty gained 48.85 points at 9266.80. Nifty Bank opened at record high.

Reliance Industries surged 2.46 percent after better-than-expected earnings in Q4. M&M, ICICI Bank, Dr Reddy's Labs, Cipla, Indiabulls Housing Finance, Ambuja Cements and Hindalco were other early gainers.

(Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com)

Bharti Airtel, Infosys, NTPC, HCL Tech and ITC were losers.

The Indian rupee opened marginally higher at 64.42 per dollar today against previous day's closing value of 64.44.

Bhaskar Panda of HDFC Bank said, "Global currency movement has had little effect on the USD-INR as the pair remains rangebound."

"I do not see any breakout now as I expect the pair to trade within a range of 64.35-64.60/dollar today," he added.

The dollar index is lower against a basket of major currencies, though the euro surged against the US dollar on relief over Emmanuel Macron's victory against Marine Le Pen.

Equities held in the green in Asia following the global relief rally after the first round of France's presidential election stoked a relief rally, with several regional markets jumping to multi-year highs.

NIFTY BELOW 9100, SENSEX VOLATILE AMID WEAK GLOBAL CUES | TODAY STOCK MARKET NEWS UPDATE 19 APRIL 2017.

STOCK MARKET NEWS

Equity benchmarks started off trade on a negative note amid consolidation, tracking weakness in global peers as investors remained cautious about earnings season after IT companies' results.

The 30-share BSE Sensex was down 29.51 points at 29,289.59 and the 50-share NSE Nifty fell 7.35 points to 9,097.80.

TCS fell 1.5 percent following lower-than-expected earnings due to weakness in BFSI & retail segments and North America & Latin America businesses.

HDFC, Tata Motors, ONGC, Tata Steel and Axis Bank were other losers while Reliance Industries, ITC, Adani Ports and Sun Pharma were gainers.

The Indian rupee opened marginally higher at 64.60 per dollar today against previous day's closing value of 64.63.

Pramit Brahmbhatt of Veracity says rupee has been weakening and may depreciate to 64.80/dollar.

Trading range for the day will be 64.50-64.80/dollar, he adds.

The dollar index fell near a three-week low on disappointing US housing starts data and nervousness over trade talks between the United States and Japan. While Britain's pound soared after Prime Minister Theresa may called for a snap general election.

Asia markets declined today, tracking Wall Street's negative close overnight, with resources and financial shares losing ground. Investors also remained vigilant amid US-North Korea tensions and the nearing of the French presidential election.

Share Market Tips

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