Friday, 10 May 2019

The Sensex Is Up 138.45 Points At 37697.36, While Nifty Is Up 31.30 Points

The Sensex is up 138.45 points at 37697.36, while Nifty is up 31.30 points or 0.28% at 11333.10. About 457 shares have advanced, 181 shares declined, and 22 shares are unchanged.

Zee Entertainment, ICICI Bank, Yes Bank, RIL, SBI, Tata Steel, TCS are among major gainers on the indices, while losers are Asian Paints, Voltas, IOC, Wipro, HCL Tech, Infosys, Mahanagar Gas and Berger Paints.

On the sectoral front, IT and FMCG are trading marginally lower, while metal, pharma, auto and bank are witnessing buying interest.

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Asian Shares Inched Up From Two Month Lows On Friday

Asian shares inched up from two-month lows on Friday just hours ahead of the Trump administration's plan to raise tariffs on Chinese imports as investors looked to whether negotiators from the two countries can clinch a deal to avert the hike.

Wall Street's main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible.

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Thursday, 9 May 2019

Shares Of Yes Bank Declined 2.4 Percent On Thursday

Shares of Yes Bank declined 2.4 percent on Thursday after India Ratings has downgraded the company's long-term ratings.

Jindal Steel & Power Limited has won an order from Rail Vikas Nigam Limited to supply 89042 tonnes of UIC 60 kg IRS T-12 880 grade 13 meter rails for its upcoming projects. 

The order is valued at approximately Rs 665 crore.

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The Sensex Is Down 150.24 Points At 37638.89, While Nifty Down 39.70 Points At 11319.80

It is weak start for the benchmark indices on May 9 with Nifty opened around 11,300 level.

The Sensex is down 150.24 points at 37638.89, while Nifty down 39.70 points at 11319.80.

Yes Bank, Adani Ports, BPCL, UPL, Grasim, Gail, Cipla, HDFC, Power Grid and RIL are trading lower, while on the other hand Hindalco, Britannia, Wipro, IOC, Coal India and Hero Motocorp are among major gainers.


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

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 25 points or 0.22 percent. Nifty futures were trading around 11,378-level on the Singaporean Exchange.


Asian shares hit six-week lows in early trade on Thursday as increased tensions ahead of key Sino-US trade negotiations fanned fresh concerns about the outlook for the global economy.

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Wednesday, 8 May 2019

Titan Q4 Preview: Brokerages Expect Double Digit Growth In Profit

Titan Company is expected to report double-digit growth across parameters in the quarter ending March 31. The Jewellery-to-watch maker will announce its quarterly results on May 8.

Its recent guidance for FY19 also indicated that trend. While the growth in jewellery business is likely to be in double-digits, an encouraging show from watches, eye wear and other segments was the key takeaway from the company's recent guidance.

For FY19, topline growth would be close to 22 percent year-on-year as against a revenue uptick of 24.9 percent YoY in FY18, the company said last month.

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The Sensex Is Down 239.22 Points At 38037.41, While Nifty Is Down 65.20 Points

The Sensex is down 239.22 points at 38037.41, while Nifty is down 65.20 points at 11432.70. About 208 shares have advanced, 451 shares declined, and 31 shares are unchanged.

Vedanta, Asian Paints, HDFC Bank, Tata Motors, SBI, RIL are among major losers on the indices, while gainers include Zee Entertainment, Gail, IndusInd Bank and Ceat.

All sectoral indices are trading in red led by metal, FMCG, auto, bank, energy, pharma and IT.

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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 future...