Trends On SGX Nifty Indicate A Positive Opening For The Broader Index In India

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 31.5 points gain or 0.25 percent. The Nifty futures were trading around 12,389-level on the Singaporean Exchange.

Oil prices edged lower on Tuesday as receding Middle East tensions took some heat out of the market, with both Tehran and Washington desisting from any further escalation after this month’s clashes. 

Brent crude was down 8 cents, or 0.1%, at $64.12 per barrel by 0124 GMT. US West Texas Intermediate crude futures were down 4 cents, or 0.1%, at $58.04 a barrel.

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Indian Indices Opened On Flat To Negative Note On January 14

Indian indices opened on flat to negative note on January 14 with Nifty around 12,300 level.

The Sensex is down 84.19 points or 0.20% at 41775.50, and the Nifty down 19.30 points or 0.16% at 12310.20. About 545 shares have advanced, 274 shares declined, and 34 shares are unchanged.

BPCL, TCS, Wipro, Britannia Industries, Gail and Cipla are among major gainers on the Indices, while losers are Yes Bank, Tata Motors, ONGC, SBI and ICICI Bank.

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Shares Of IT Company Infosys Rose 2 Percent Amid Optimism

Shares of IT company Infosys rose 2 percent amid optimism ahead of October-December quarter earnings scheduled to be announced later today.


The IT company is expected to report more than 1 percent growth in constant currency revenue during the period on a sequential basis and 1.2-1.5 percent growth in dollar revenue for the quarter as compared to September quarter.

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The Sensex Is Up 159.56 Points Or 0.38% At 41,611.91, And The Nifty Up 45.50 Points

It is a positive start for the Indian indices on January 10 with Nifty above 12,250.

The Sensex is up 159.56 points or 0.38% at 41,611.91, and the Nifty up 45.50 points or 0.37% at 12,261.40.

Infosys, Bharti Infratel, Kotak Mahindra Bank, TCS, HDFC Bank and HCL Tech are among major gainers on the Indices, while losers are ICICI bank, Nestle and Asian Paints.

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Bharti Airtel Share Price Added 3 Percent On January 9

Bharti Airtel share price added 3 percent on January 9 after the company launched its Qualified Institutional Placement worth $2 billion. The special committee of directors has fixed a floor price of Rs 452.09 per share.

Shares of Indiabulls Housing Finance rallied more than 5 percent intraday on January 9 as company offered pre-mature redemption of its non-convertible debentures.

Strides Pharma share price gained over 2 percent as research house maintained outperform rating with a target of Rs 525 per share. It expect EPS to improve manifold over FY19-22 and company is one of the preferred picks in the midcap space.

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It Is A Strong Start For The Indian Indices On January 9 With Nifty

It is a strong start for the Indian indices on January 9 with Nifty above 12,150 level supported by positive global cues.

The Sensex is up 452.41 points or 1.11% at 41,270.15, and the Nifty up 136.40 points or 1.13% at 12,161.80. About 662 shares have advanced, 85 shares declined, and 24 shares are unchanged.

Asian Paints, JSW Steel, HPCL, IOC, BPCL, SBI, Tata Steel, Hindalco are among major gainers on the Indices, while losers are TCS, Tech Mahindra and Wipro.

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Larsen & Toubro Share Price Declined 2.7 Percent Intraday On January

Larsen & Toubro share price declined 2.7 percent intraday on January 8 after research house Credit Suisse has maintained neutral rating with a target at Rs 1,460 per share. Credit Suisse cut FY20/21/22 earnings by 2-4 percent.

Maruti Suzuki December 2019 production up by 7.88%: The company's total production for December 2019 was up 7.88 percent at 1,15,949 units against 1,07,478 units.

CARE Ratings has assigned CARE AA- / stable rating to the long term bank facilities of Birlasoft. The stock was quoting at Rs 70.25, down Rs 0.80, or 1.13 percent. The share touched its 52-week high Rs 221.60 and 52-week low Rs 57.40 on 16 January, 2019 and 23 August, 2019, respectively.

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Market Benchmarks Are In The Red, Tracking Weak Global Cues

Market benchmarks are in the red, tracking weak global cues. Most Asian markets felt the heat of rising tensions between the US and Iran after Iran fired rockets at an Iraqi airbase that hosts US military forces, stoking fears of further sharp escalations in a developing conflict.

The BSE Sensex was 97 points, or 0.24 percent, down at 40,772. Nifty50 was 42 points, or 0.35 percent, down at 12,011 at that time. 

The Indian rupee is trading lower by 17 paise at 72 per dollar versus previous close 71.83.

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Shares Of HDFC Bank Gained 2.5 Percent Intraday Today Following Strong Loan

Shares of HDFC Bank gained 2.5 percent intraday today following strong loan and deposits growth in quarter ended December 2019.

The country's second largest private sector lender in its BSE filing on January 6 said it registered around 20 percent growth in advances during the quarter YoY.

Advances aggregated to approximately Rs 9.3 lakh crore as of December 2019, against Rs 7.81 lakh crore as of December 2018.

"The bank's deposits aggregated to approximately Rs 10.67 lakh crore as of December 2019, a growth of around 25 percent as compared to Rs 8.52 lakh crore in same quarter last year, it said.

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Granules India And Glenmark Pharma Share Prices Rallied Nearly 3 Percent

Granules India and Glenmark Pharma share prices rallied nearly 3 percent in the morning trade on January 7 on receiving approvals from the US health regulator for new drugs.

Granules India, with a market capitalisation of Rs 3,100 crore, got the US Food and Drug Administration’s nod for Acetaminophen tablet, a painkiller.

Glenmark Pharma got the clearance for Deferasirox tablets, reported CNBC-TV18. Deferasirox is used in the treatment of chronic iron overload syndrome.

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Sobha Share Price Added Over 2 Percent On January 6 After Company Reported

Sobha gains 2% on better Q3 sales volume: ​Sobha share price added over 2 percent on January 6 after company reported better sales volume numbers in the quarter ended December 2019.

Creditors to Dewan Housing Finance Corp have permitted the company to resume lending operations, starting with Rs 500 crore a month, Mint reports. 

A document from RBI-appointed administrator R Subramaniakumar showed DHFL is recovering Rs 1,700-1,800 crore every month from previous loans, the report said.

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Wall Street's Major Indexes Fell From Record Highs On Friday

Wall Street's major indexes fell from record highs on Friday after a US air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the US manufacturing sector raised concerns of slowing economic growth.

The Dow Jones Industrial Average fell 233.92 points, or 0.81%, to 28,634.88. The S&P 500 lost 23 points, or 0.71%, to 3,234.85. The Nasdaq Composite dropped 71.42 points, or 0.79%, to 9,020.77.

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Shares Of JSW Energy Climbed Nearly 2 Percent On BSE

Shares of JSW Energy climbed nearly 2 percent on BSE, a day after it said it had entered into an agreement with Jaiprakash Power Ventures to restructure the debt owed by JPVL to the company.

Shares of RITES climbed as much as 3 percent on January 3, a day after it had said secured a major work of project Management Consultancy from the Government of Bangladesh.

FDC share price touched 52-week high of Rs 222, rising more than 5 percent intraday on January 3 after company received GMP certificate from UK MHRA.

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The Sensex Is Down 126.08 Points Or 0.30% At 41,500.56, And The Nifty Down 43.70 Points

The Sensex is down 126.08 points or 0.30% at 41,500.56, and the Nifty down 43.70 points or 0.36% at 12,238.50. About 417 shares have advanced, 435 shares declined, and 46 shares are unchanged.

Gail, ONGC, TCS, Infosys, HCL Tech are among major gainers on the Indices, while losers are Zee Ent, BPCL, Vedanta, Asian Paints, Tata Motors and SBI.

The Indian rupee slipped in the early trade on Friday. It opened lower by 12 paise at 71.49 per dollar versus previous close of 71.37.

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Share Price Of Apollo Hospitals Enterprises Jumped Over 3 Percent On Januuary 2

Share price of Apollo Hospitals Enterprises jumped over 3 percent on Januuary 2 after the company got approval for Apollo Munich deal from CCI, RBI & IRDA.

Share price of auto major Tata Motors gained a percent after global research firm Citi maintained a buy rating on the stock with target at Rs 200 per share.

The firm has a positive stance on the JLR recovery while domestic commercial vehicle and passenger vehicle volumes remain weak in December.

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Benchmark Indices Opened On Positive Note On January 2

Benchmark indices opened on positive note on January 2 with Nifty above 12,200.

The Sensex is up 101.18 points or 0.24% at 41407.20, and the Nifty up 26.70 points or 0.22% at 12209.20. About 474 shares have advanced, 122 shares declined, and 31 shares are unchanged.

Tata Steel, Hindalco, Vedanta, Bharti Infratel, IndusInd Bank, Yes Bank, Tata Motors are among major gainers on the Indices, while losers are Zee Entertainment, Sun TV, Titan and UPL.

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Shares Of RBL Bank Climbed By Over A Percent On BSE On January 1

Shares of RBL Bank climbed by over a percent on BSE on January 1, a day after it said it had raised Rs 675.80 crore through preferential allotment of shares. 

RBL Bank on December 31 said it has raised Rs 675.80 crore through preferential allotment of shares, completing total fundraising of Rs 2,701 crore. A total of 1.98 crore shares were allotted preferentially at a price of Rs 340.70 per share on December 30.

Share price of Adani Green jumped 5 percent in the early morning trade on January 1 after the firm commissioned 75 MW wind power project. Adani Renewable Energy, a stepdown subsidiary of Adani Green Energy has commissioned its 75 MW Wind Power Project having Power Purchase Agreement with Maharashtra State Electricity Distribution Company at Rs 2.85/kWh for a period of 25 years.

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Sensex Is Up 119.86 Points Or 0.29% At 41373.60, And The Nifty Up 33.90 Points

Sensex is up 119.86 points or 0.29% at 41373.60, and the Nifty up 33.90 points or 0.28% at 12202.40. L&T, Reliance Industries and Infosys are the top gainers while Reliance Industries, Indiabulls Housing and Tata Motors are the most active stocks.

All sectoral indices are trading in the green with Nifty PSU Bank adding half a percent. About 544 shares have advanced, 145 shares declined, and 33 shares are unchanged.

The Indian rupee opened marginally up by 2 paise at 71.36 per dollar on January 1, against the previous day's close of 71.38 after some selling of the greenback by banks and importers.

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