Indian Stock Market Tips

Nifty hits 8700, Sensex up over 100 pts; Wockhardt dives 12%. For more information visit www.marketmagnify.com/freetrial.php & give a missed call @ 78-79-88-11-22.

• The market has opened higher on Monday. The Nifty has opened at new 52-week high with the 50-share index up 26.95 points or 0.3 percent at 8710.10 and the Sensex is up 113.53 points or 0.4 percent at 28191.88. About 409 shares have advanced, 101 shares declined, and 37 shares are unchanged.
• Bajaj Auto, Axis Bank, Adani Ports, M&M and Maruti are top gainers while Infosys, GAIL, TCS and Bharti Airtel are losers in the Sensex. Wockhardt is down 12 percent.
• Q2 slippages may be in Rs 2,000-2,500 cr range: Andhra Bank Andhra Bank's MD & CEO Suresh Patel says large accounts particularly in the construction and iron and steel are major contributors to slippages.
• Apollo Munich eyes 2-3 bancassurance tie-ups this fiscal Enthused by the open architecture system announced by insurance regulator IRDAI, Apollo Munich Health Insurance said it is eyeing a couple of more bancassurance tie-ups in the current fiscal.
• Govt may cut gas price for producers by 20 pc in Oct Natural gas price paid to producers like state-owned Oil and Natural Gas Corp (ONGC) and Reliance Industries is likely to fall 20 per cent to USD 2.45 in October.
• Economy's financial parameters improved in April-June: Survey Banks and financial institutions witnessed improvement in financial parameters such as cost of funds, liquidity position and external financial linkages in April-June quarter, according to a survey.

Stock Market Update; Nifty Opens above 8550

Sensex up over 100 pts, Nifty opens above 8550 on GST boost. For more information visit www.marketmagnify.com/freetrial.php  & give a missed call @ 78-79-88-11-22.

• The Sensex is up 131.39 points or 0.5 percent at 27828.90, and the Nifty up 40.55 points or 0.5 percent at 8585.40. About 707 shares have advanced, 125 shares declined, and 21 shares are unchanged.
• Tata Motors, ONGC, Hero, BHEL and Maruti are top gainers while Lupin, Bharti Airtel, Infosys and HDFC Bank are losers in the Sensex.
  The Indian rupee opened higher by 14 paise at 66.85 per dollar versus 66.99 Wednesday.
• World Economic Forum, will host its annual India Economic Summit here on October 6-7 which would be attended by over 500 business and political leaders including top policymakers and CEOs.
• BSE receives 110 investor complaints in July, fixes 103
• Leading stock exchange BSE said it received 110 complaints against 96 companies in July this year. During the period, the stock exchange resolved 103 grievances against 82 listed companies, according to a release. The resolved complaints include those brought forward from the previous period.

Indian Stock Market News, Nifty above 8650

Sensex, Nifty open flat; Sun Pharma, Maruti, SBI early gainers. For more market update visit www.marketmagnify.com/freetrial.php & give a missed call @ 78-79-88-11-22.

• The market has opened flat with subdued global cues. The Sensex is up 12.99 points at 28016.11 and the Nifty is up 2.20 points at 8638.75. About 526 shares have advanced, 225 shares declined, and 53 shares are unchanged.
• Sun Pharma, Maruti, Lupin, SBI and L&T are top gainers while ICICI Bank, HDFC, Infosys, wipro and Hero are among losers in the Sensex.
• The Indian rupee opened marginally lower at 66.78 per dollar on Tuesday versus previous close 66.74.
  Tata Motors reported a 7.48 percent increase in total sales at 43,160 units in July.
  Domestic sales of Tata Motors' commercial and passenger vehicles grew 8 percent to 37,789 units in July over the same month of the previous year.
•   Results today: Voltas , Indian Bank , Torrent Power , JM Financial , Alicon Castalloy, Apple Credit Corporation, Ashish Polyplast, Century Plyboards (India), Cybertech Systems, Digjam, EIH, Gujarat Sidhee Cement, HEG, MP Agro Industries, Mahamaya Steel Industries, Modella Woollens, Precot Meridian, Pudumjee Industries, Summit Securities, Tata Investment Corporation, TCI Developers, TCI Industries, Ugar Sugar Works, UFO Moviez, Veto Switchgears, Wonderla Holidays, Zydus Wellness

Free Indian Stock Market Tips

Sensex, Nifty open marginally higher; Bharti, Idea top gainers. For more information visit www.marketmagnify.com/freetrial.php & give a missed call @ 78-79-88-11-22.

• Equity benchmarks started off Thursday's trade with marginal gains as the Sensex gained 80.69 points at 28105.02 and the Nifty rose 21 points to 8636.80.
• Bharti Airtel topped the buying list among Sensex 30 stocks, up over 2 percent after better-than-expected consolidated earnings in Q1.
• ICICI Bank, Maruti Suzuki and Adani Ports gained 1 percent each while Infosys, NTPC were losers.
• The Indian rupee opened higher by 8 paise at 67.06 per dollar versus 67.14 Wednesday.
• Asian Paints also reacted positively to better-than-expected earnings in June quarter, up nearly 2 percent.
• Results today: PNB , Eicher Motors , Syndicate Bank, Adlabs Entertainment, Blue Dart, Ceat, Dish TV, Escorts, Excel Crop Care, Shriram City Union, GSK Pharma, Gujarat Alkalis, HCC, Hexaware, Muthoot Finance, Redington, TNPL, Sintex, Somany Ceramics, Supreme Industries, Tree House

Indian Stock Trading Ideas From Market Experts

The market has opened flat on Monday with the Nifty below 8550. The 50-share index is down 21.65 points or 0.2 percent at 8519.55 and the Sensex is down 57.53 points or 0.2 percent at 27745.71. About 214 shares have advanced, 82 shares declined, and 28 shares are unchanged. For more market update visit www.marketmagnify.com/freetrial.php & give a missed call @ 78-79-88-11-22.

• Results today:

Canara Bank , Indiabulls Housing Finance, Bajaj Corp, Hitachi Home, State Bank Of Mysore, Eveready Ind, Info Edge, Merck, Navin Fluorine, Tata Sponge Iron, Asian Granito, Automotive Stampings, Eimco Elecon, Ganesha Ecosphere, Ghcl, Greenply Industries, HOEC, Jk Paper, K.P.R. Mill, Kg Denim, Maharashtra Scooters, Nelco, Pincon Spirit, Rane Engine Valve, Shanthi Gears, Supreme Petrochem, Texmaco Infrastructure & Holdings, Texmaco Rail & Engineering, Transformers And Rectifiers

• Adani Ports, ITC, Asian Paints, Maruti and GAIL are top gainers while Axis Bank, Cipla, BHEL, TCS and M&M are top losers in the Sensex.
• Axis Bank's weak fee income growth dissappoints: IIFL. Axis Bank reported a weak set of first quarter earnings on July 22. The profit fell for the second consecutive quarter and for the first quarter of this fiscal it saw a 21.4 percent dip year-on-year (YoY) on account of sharp worsening in asset quality.  
• Shares of Equitas Holdings gained 5.6 percent intraday Monday as its net profit jumped 64 percent in the quarter ended June of FY2016-17. It has reported 64 percent jump in consolidated net profit at Rs 61.2 crore for the first quarter of 2016-17 financial year against net profit of Rs 37.4 crore in the corresponding April-June quarter of 2015-16.