Live Stock Market News

The market erased its early gains on the back of profit booking after rising consistently for five consecutive sessions. The Sensex fell 70.32 points to 26655.28 and the Nifty slipped 21 points to 8157.50. For more information www.marketmagnify.com/stock-cash-tips.php

The broader markets also turned lower with the BSE Midcap and Smallcap indices falling 0.3-0.5 percent. 

     The market breadth was weak too as about two shares declined for every share rising on the Bombay Stock Exchange.
    Sun Pharma extended losses in morning trade, down 5 percent after its Q4 earnings fell short of expectations.
     Infosys, L&T, ICICI Bank, Bharti Airtel, Adani Ports, GAIL and Coal India declined 1-2 percent while Lupin, Maruti Suzuki and NTPC outperformed, up over a percent.
     Tata Motors jumped 7 percent on solid earnings performance in Q4.
     Sun Pharma 's net profit was Rs 1,713.7 crore in the fourth quarter of FY16, below CNBC-TV18's poll estimate of Rs 1,888.4 crore.

       Tata Motors today posted three-fold rise in its consolidated net profit at Rs 5,177.06 crore for the fourth quarter ended March 31, driven by strong performance of its British arm JLR and robust volume growth of its heavy and medium commercial vehicles.

Tomorrow Stock Market Update

तीन दिन में 1348 अंक चढ़ा सेंसेक्स, आगे क्या होगी मार्केट की दिशा 
बीते तीन दिनों में सेंसेक्स 1348 अंक चढ़ चुका है। स्टॉक मार्केट की यह तेजी आगे भी जारी रहने की उम्मीद है। अगले तीन महीनों में प्रमुख बेंचमार्क इंडेक्स सेंसेक्स 28200 और निफ्टी 8350 का स्तर छू सकता है। एक्सपर्ट्स ने इस तेजी के पीछे मुख्य वजह मानसून में अच्छी बारिश और जून में ब्याज दरें घटने की उम्मीद को बताया है। हालांकि यूरोपीय संघ से ब्रिटेन का बाहर होना मार्केट के लिए निगेटिव हो सकता है और ग्लोबल मार्केट के साथ-साथ घरेलू मार्केट में भी गिरावट देखने को मिल सकती है। अधिक जानकारी के लिए क्लिक करें

http://www.marketmagnify.com/stock-cash-tips.php

 कहां जाएंगे सेंसेक्स और निफ्टी  
मार्केट पोल में शामिल 10 में से 8 एनालिस्ट ने तेजी की उम्मीद जताई है। ज्यादातर का मानना है कि अगले तीन महीने में सेंसेक्स 28200 और निफ्टी 8350 का स्तर छू सकते है। वहीं, अगर मार्केट में गिरावट आने पर निफ्टी के 7900-7850 पर अहम सपोर्ट है।   
मार्केट में क्यों आएगी तेजी  
मार्केट एक्सपर्ट कहते हैं कि मानसून सीजन में इस बार अच्छी बारिश होने की उम्मीद है। इससे अच्छी फसल होगी और उत्पादन बढ़ेगा। इसका फायदा किसानों के साथ-साथ ग्रामीण इकोनॉमी से जुड़ी कंपनियों को मिलेगा। इसीलिए आने वाले समय में सेंसेक्स और निफ्टी तेजी दिखा सकते है। 7 जून को होने आरबीआई पॉलिसी में ब्याज दरें 0.25 फीसदी घट सकती है। सस्ते कर्ज से कंपनियों पर कर्ज का बोझ कम होगा और प्रॉफिट में बढ़ोतरी आएगी।   
मार्केट के लिए ये हैं चिंताएं  
घरेलू एनालिस्ट समेत ग्लोबल ब्रोकरेज हाउस गोल्डमैन सैक्स, सिटी और बैंक ऑफ अमेरिका मेरिल लिंच की रिपोर्ट में कहा गया है कि मौजूदा समय में इक्विटी मार्केट के सामने सबसे चिंताएं चीन की इकोनॉमी को लेकर है। साथ ही ब्रिटेन के भी यूरोपीय संघ से बाहर होने का खतरा बढ़ रहा है। इसके अलावा जून में अगर अमेरिकी सेंट्रल बैंक फेडरल रिजर्व ब्याज दरों में बढ़ोत्तरी करता है, तो ग्लोबल इक्विटी मार्केट में तेज गिरावट आ सकती है।

Indian Stock Market News

Sun Pharma, Lupin, SBI, Axis Bank and Adani Ports are up while L&T, Bajaj Auto, ICICI Bank, Dr Reddy's Labs and HDFC Bank are losers in the Sensex. For more information visit www.marketmagnify.com/stock-cash-tips.php 

 Neyveli Lignite has long-term borrowings of Rs 7000 crore. Financing for the power station will come from cash reserves, says SK Acharya, chairman of Neyveli Lignite. 

Citigroup Global Markets Mauritius Private Limited sold 2,688,898 shares of Castrol India at Rs 375.70 per share on the NSE.

Analysts polled by CNBC-TV18 estimate that footfall growth may go higher by 23.5 percent at 15.05 million compared to 12.2 million (YoY). Footfall growth is likely to be aided by new screens. The company has added 25 Screens this quarter. 

Way2Wealth has come out with its report on currencies. According to the research firm, one can Sell USDINR below 67.10 for the target of 66.62 with a stop loss of 67.36 .

The US FDA has given an Establishment Inspection Report to Lupin's Mandideep facility which clears the unit of observations made earlier. 

 

According to Angel Broking, Rupee is likely to appreciate owing to positive trend seen in the Asian markets after Brent crude prices crossed $50 a barrel . Moreover, the Indian government has approved to launch capital goods policy to create demand and improve exports. 

Buy RIL, ITC, Motherson Sumi, Century Textiles: Rahul Mohindar. 

Equity benchmarks continued to see buying interest on first day of June series. The Nifty is inching towards 8150 level, up 55.65 points or 0.69 percent at 8125.30.

Today's Stock Cash Tips News

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Market Outlook:-
Equity benchmarks started off Thursday's trade on a positive note, continuing upside for third consecutive session. The Sensex rose 138.25 points to 26019.42 and the Nifty climbed 31.55 points to 7966.45. 

L&T shares rallied 9 percent in early trade as brokerages turned bullish on the stock after better-than-expected earnings in January-March quarter. Citi has upgraded the stock to buy from neutral and target price raised to Rs 1,640 from Rs 1,230 apiece.

Tata Steel fell nearly a percent after reporting a loss of Rs 3,279 crore in Q4.

The rupee weakened initially but recovered on the back of a bounce back in stock markets and large custodial inflows.

Oil prices gained in the US session after US government data showed a larger-than-expected drop in crude inventories. 

Shares of VRL Logistics today plunged by over 12 percent on BSE amid worries over its promoters' proposed investment in regional airline venture and its impact on the firm's balancesheet. Yesterday, the stock tumbled by 18 percent.

Today's Stock Investment Tips

The market has opened with gains. The Sensex is up 254.50 points or 1 percent at 25559.97 and the Nifty is up 79.25 points or 1 percent at 7828.10. About 602 shares have advanced, 102 shares declined, and 22 shares are unchanged. For more information visit www.marketmagnify.com/stock-cash-tips.php 

Axis Bank, Tata Motors, SBI, Adani Ports and Lupin are top gainers while Cipla and Coal India are losers in the Sensex.

The Indian rupee opened higher by 12 paise at 67.63 per dollar against previous close of 67.75. 

Asia markets opened sharply higher on Wednesday, with most major indexes advancing around than 1 percent each, after encouraging reports on the housing market stateside saw gains in US stocks.

US stocks ended higher overnight, with the Dow Jones industrial average closing up 1.22 percent, the S&P 500 higher by 1.37 percent and the Nasdaq composite added 2 percent. 

Gold slipped to a seven-week low as expectations of an early interest rate hike by the US Federal Reserve pushed the dollar to a near two-month high. 

Fourth quarter earnings to keep Cipla, BoI, TechM in focus today

Pharma major Cipla reported a consolidated net profit of Rs 80.87 crore for the fourth quarter ended March 31, 2016.