Top Stock Market News by Experts

Stock Market has opened level on Tuesday as the Sensex is down 15.74 focuses at 25673.12. Nifty is down 2.80 focuses at 7863.25. Around 396 shares have progressed, 261 shares declined, and 46 shares are unaltered. HUL is up 1 percent while Adani Ports, Dr Reddy's Labs, Tata Steel and Maruti are top gainers while Tata Motors, Hindalco, NTPC, Bharti Airtel and ONGC are failures in the Sensex.

 

The Indian rupee opened lower by 8 paise at 66.66 for each dollar on Tuesday versus past close of 66.58. 

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Asia markets exchanged mixed, with the Japanese benchmark record driving additions in early exchange, in front of Chinese inflation information due later on Tuesday.

US stocks shut mixed in high-volume exchange, with the Dow Jones industrial average was down 0.2 percent, the S&P 500 closed up 0.08 percent and the Nasdaq composite included 0.3 percent.

Stock Market Trend: Nifty ends above 7700

3:30 pm Market shutting: After an unstable day, the stock market has finished down 33.71 focuses at 25228.50 and the Nifty slipped 2.05 focuses at 7733.45. GAIL, BHEL, SBI, Hindalco and Tata Motors were top gainers while Adani Ports, Dr Reddy's, Wipro, ONGC and HDFC Bank are major losers in the sensex.

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In the mean time, Gold was set to post its greatest week by week decrease in six weeks as the US dollar firmed in front of the U.S. non-ranch payrolls report that could give pieces of information about the Federal Reserve's monetary policy.

For the week, gold was set for a 1.2 percent decay, its greatest week after week drop following the week finished March 25.

Stock Market News: ITC slips about 4%

ITC slips about 4%; close manufacturing plants to follow SC order

Share prices of cigarette creator ITC slipped almost 4 percent intraday Friday as the organization has closed its plants from May 04, 2016. 

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The organization has chosen to close its cigarette manufacturing plants from May 04, 2016 until the organization is in a position to follow the between time necessities pending hearing in the Karnataka High Court. 

At 09:25 hrs ITC was citing at Rs 310.05, down Rs 7.50, or 2.36 percent on the BSE.

Closing News: Stock Market Slips

3:30 pm Market shutting: The Sensex finished down 127.97 points at 25101.73, and the Nifty slipped 40.45 points at 7706.55. Around 785 shares have progressed, 1777 stocks declined, and 119 stocks are unaltered. 

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List of top gainers: HDFC twins, NTPC,  Sun Pharma and Infosys  while Tata Motors, Adani Ports, Tata Steel, Hindalco and BHEL were Losers in the Sensex.

Latest Equity News: Adani Power Board Approves Raising Equity/Bonds

Adani Power Ltd is currently trading at Rs. 32.4, up by Rs. 0.7 or 2.21% from its previous closing of Rs. 31.7 on the BSE. The stock is currently trading above its 50 DMA.

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Adani Power Ltd has announced that in continuation of Outcome of Board Meeting dated May 03, 2016, the Board has also accorded approval for looking approval of the shareholders at the ensuing annual general meeting - to raise funds by issue of Equity Shares / convertible Bonds through Qualified Institutional Placement [QIP] / GDR / ADR / FCCBs / FCEBs / Convertible Securities for an aggregate sum upto Rs. 10,000 Crores and to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis within the overall borrowing limits of the Company.