Stock Market Today; Nifty Reclaimed 8600 level

Nifty starts October series above 8600; Sensex, Midcap volatile. For more information visit www.marketmagnify.com/freetrial.php & Give missed call @ 78-79-88-11-22. 

• The market started off the first day of October series on a positive note, rebounding sharply after previous day's sharp sell-off.
• The 50-share NSE Nifty reclaimed 8600 level, rising 10.95 points to 8602.20. The 30-share BSE Sensex was up 39.84 points at 27867.37. GAIL, Wipro, Infosys, Sun Pharma and BHEL are top gainers while Adani Ports, Dr Reddy's, Cipla, Coal India and ICICI Bank are losers in the Sensex.
• Technology and oil stocks saw short covering whereas select banks and FMCG stocks remained under pressure.
• Markets volatile in early trades; global markets weak. Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up over 0.5%.
• China factories limp along, Japan inflation goes backwards.  Friday's unflattering figures bookmarked a week in which the IMF warned it would likely downgrade forecasts for the US economy, and the World Trade Organization slashed its outlook for global trade flows.

Stock Cash Intraday Tips; Nifty hits 8800

Nifty hits 8800 on F&O expiry day, Sensex up over 100pts. For more information visit www.marketmagnify.com/freetrial.php & give missed call @ 78-79-88-11-22.

• The Sensex is up 144.05 points or 0.5 percent at 28436.86, and the Nifty up 45.65 points or 0.5 percent at 8790.80. About 393 shares have advanced, 51 shares declined, and 36 shares are unchanged.
• Bajaj Auto, ONGC, Axis Bank, ICICI Bank and Maruti are top gainers in the Sensex.
• Asian stocks gained. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent.
• Investors are keenly awaiting for the expiry of the September F&O series due today.
• Sebi allows options trading on commodity exchanges. With an aim to deepen the commodity derivatives markets and enhancing liquidity, markets regulator Securities and Exchange Board of India (Sebi) on Wednesday allowed options trading on commodity bourses.

Indian Stock Market Daily Tips; Nifty Opens above 8700

Nifty opens above 8700, Sensex flat; Adani Ports, ONGC gain. For more information visit www.marketmagnify.com/freetrial.php & give Missed Call @ 78-79-88-11-22.

• Adani Ports, ONGC, Bajaj Auto, Hero MotoCorp and GAIL are top gainers in the Sensex. Among losers are HDFC, Lupin, Asian Paints, Sun Pharma and Infosys.
• The market has made a flat opening with the Sensex up 49.91 points or 0.2 percent at 28273.61. The Nifty is up 6.25 points at 8712.65. About 180 shares have advanced, 58 shares declined, and 15 shares are unchanged.
• Here are stocks that are in news today: M&M,  Lupin , Torrent Pharma , Cadila , Ahluwalia Contracts , RBL Bank , Jindal Stainless , Dalmia Bharat , Cenlub Industries , ARSS Infra , Maithan Alloys , Balaji Telefilms and Manpasand Beverages are stocks, which are in the news today. 
• Rupee opens higher at 66.44 per dollar .The rupee will continue to trade with a positive bias on the back of an overall weak outlook for dollar, says Pramit Brahmbhatt of Veracity.
• F&O cues: Nifty 8500 Put sheds 3.2 lakh shares in Open Interest. F&O cues: Nifty 8850 Call shed 3.9 lakh shares in Open Interest and Nifty 8500 Put shed 3.2 lakh shares in Open Interest.

Daily Stock Market News; Nifty above 8750

Sensex up over 100 pts, Nifty above 8750; Asian Paints, TCS up. For more information visit www.marketmagnify.com/freetrial.php 

 Give Missed call @ 78-79-88-11-22. 

• Asian Paints, Coal India, Hero MotoCorp, TCS and Bajaj Auto are top gainers. 
• After severe cuts yesterday, the market has opened in green Tuseday. The Sensex is up 121.28 points or 0.4 percent at 28415.56 and the Nifty is up 40.10 points or 0. 5 percent at 8763.15. About 659 shares have advanced, 143 shares declined, and 33 shares are unchanged.
• Asian Paints, Coal India, Hero MotoCorp, TCS and Bajaj Auto are top gainers.
• HDFC, Cipla, Infosys, SBI and Tata Steel are up 1%-2%
• Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3% in the previous session.
• Among key stocks, HDFC, Cipla, Infosys, SBI and Tata Steel are up 1%-2%. On the losing side, ICICI Bank, Bharti Airtel, Adani Ports, Dr Reddy’s Labs and Lupin are down 0.3%-1%.

Live Stock Market Update; Nifty Opens Below 8800

Nifty opens below 8800, Sensex falls over 100 pts; TCS, RIL up. For more information visit  www.marketmagnify.com/freetrial.php & give missed call @ 78-79-88-11-22. 

• The market has opened low dragged by profit booking and weak global cues. The Sensex is down 148.90 points or 0.5 percent at 28519.32 and the Nifty is down 46.45 points or 0.5 percent at 8785.10. About 435 shares have advanced, 444 shares declined, and 69 shares are unchanged.
• TCS, Reliance, Dr Reddy's Labs, Sun Pharma and Lupin are top gainers while Tata Motors, ICICI Bank, ITC, Adani Ports and HDFC are losers in the Sensex.
• Short term outlook for the market remains negative till Nifty trades below 8970 levels & expecting targets in the range of 8,650-8,540 levels in this short term correction.
  Top stocks sold and bought by fund managers in August
• India's equity fund managers, flushed with robust inflows in August, were quite choosy when it came to picking stocks. Amid net inflows of Rs 6,500 crore, they were net buyers of shares worth Rs 2,700 crore. However, while making investments, they kept India's largest lenders - private as well as public sector banks - among their top priorities. They heavily sold shares of Axis Bank and shifted to counters like HDFC Bank, ICICI Bank and State Bank of India, in search of value. RBL Bank, the new bank to list on the bourses, was the fourth most sought after counter.