Tuesday 31 May 2016

Stock Cash Tips, Stock market news | Ways2capital

Live Stock Market Updates - Sensex slips 100 focuses

At 10:02 AM, the S&P BSE Sensex is exchanging at 26,683 down 40 focuses, while NSE Nifty is exchanging at 8,165 down 14 focuses.

The BSE Mid-top Index is exchanging down 0.23% at 11,362, though BSE Small-top Index is exchanging down 0.44% at 11,108.

Tata Motors, BHEL, ICICI Bank, NTPC, Adani Ports, Bajaj-Auto and Tata Steel are among the gainers, though Sun Pharma, Bharti Airtel, GAIL, L&T, Infosys and Wipro are losing sheen on BSE.

Some purchasing action is found in auto, modern, customer durables, saving money, FMCG, fund and influence segments, while telecom, pharma, IT, teck and capital merchandise are indicating shortcoming on BSE.

The INDIA VIX is up 0.37% at 16.0350. Out of 1,779 stocks exchanged on the NSE, 914 declined, 501 progressed and 384 stayed unaltered today.

An aggregate of 20 stocks enrolled a crisp 52-week high in exchanges today, while 18 stocks touched another 52-week low on the NSE.

The Indian rupee opened possibly higher by 1 paise at 67.15/$ against US Dollar on Tuesday as against the past close of 67.16/$.Today, markets anticipate India Q4 (FY15‐16) GDP perusing, wherein desires require a development of 7.5% (yoy).

Files could see some swings as the day progressed. A large group of full scale information is in store. Gross domestic product gauge for Jan-Mar and 2015-16, by CSO will be declared secondary selling hours. Government Finances for March and April, CPI for mechanical specialists and center division development for April are the other information focuses, speculators will keep track today. The rupee could see some additions. Business sector will likewise respond to a large group of numbers reported secondary selling hours like Sun Pharma and Tata Motors. A decent upmove will be seen in Tata Motors after it reported a solid execution in Q4 FY16. JLR saw an above assessment execution as far as gainfulness. Ex-one off things OPM was at 16.2% which was altogether in front of our and road gauges. Standalone execution was comprehensively in accordance with assessments. The organization is back on the rundown of profit paying organizations with statement of Rs0.2/offer profit.

Asian markets are blended with Japan's Nikkei up while Hang Seng has picked up hardly. China's Shanghai Composite hopped 2%.European shares hit one-month highs on Monday in the midst of generally light exchange with business sectors in London and New York shut for open occasions.

TRAI issued pre-discussion paper on unhindered internet, a theme that had kicked up dust not long ago over stages like Facebook's Free Basics and Airtel Zero and endeavors to charge certain Internet administrations, including calls, according to media reports.

Fitch office in its most recent Global Economic viewpoint has said that India's GDP will grow 7.5 percent in the last monetary finished March and enhance to 7.7 percent in the current monetary and further to 7.9 percent in the money related year finishing March 2018.

Amtek Auto slipped 5.3% to Rs.32.80 on BSE. The organization has posted a net loss of Rs.528.69 crore for the quarter finished March 31, 2016 when contrasted with net benefit of Rs.129.82 crore for the quarter finished March 31, 2015. The organization's aggregate wage has diminished from Rs.954.69 crore for the quarter finished March 31, 2015 to Rs.651.02 crore for the quarter finished March 31, 2016.

Sun Pharmaceutical Industries tumbled 3.3% to Rs.786. The pharma organization posted a net benefit of Rs.17136.90 million for the quarter finished March 31, 2016 though the same was at Rs.8892.40 million for the quarter finished March 31, 2015.

Tata Motors climbed 9% to Rs.458.45 on BSE. The organization posted a net benefit after assessments, minority intrigue and share of benefit of partners of Rs.51,770.60 million for the quarter finished March 31, 2016 when contrasted with Rs.17,165 million for the quarter finished March 31, 2015.

 Author : Ways2Capital

Monday 30 May 2016

Live Stock Market Updates - Sensex, Nifty rough; Oil and Gas, Power drag

The BSE Sensex opened 41.15 focuses, or 0.15 for each penny, up at 26,694.75. NSE Nifty opened 9.85 focuses, or 0.12 for every penny, up at 8,166.50. Clever hit 8,200 imprint in the early exchange surprisingly since October 28, 2015.At 10:13 AM, the S&P BSE Sensex is exchanging at 26,709 up 55 focuses, while NSE Nifty is exchanging at 8,180 up 23 focuses.

The BSE Mid-top Index is exchanging up 0.11% at 11,359, though BSE Small-top Index is exchanging up 0.37% at 11,152.

Coal India, SBI, Tata Motors, Axis Bank and Tata Steel are among the gainers, though BHEL, HDFC, Lupin, L&T, Maruti Suzuki and Wipro are losing sheen on BSE.

Some purchasing action is found in metal, essential materials, auto, IT, realty, utilities and keeping money parts, while capital products, pharma, oil and gas, influence and FMCG are indicating shortcoming on BSE.

The INDIA VIX is up 5.75% at 16.1375. Out of 1,817 stocks exchanged on the NSE, 610 declined, 839 progressed and 368 stayed unaltered today.

An aggregate of 28 stocks enlisted a new 52-week high in exchanges today, while 14 stocks touched another 52-week low on the NSE.

Muthoot Finance revived by 9% at Rs.233.The organization posted a net benefit of Rs. 2652.213 million for the quarter finished March 31, 2016 when contrasted with Rs. 1651.858 million for the quarter finished March 31, 2015.

Tree House Education and Accessories Ltd stock was lower by 7% at Rs.72.The net benefit remained at Rs.6.78 crore, while income from operations was at Rs.209.33 crore, for FY16.

Coal India Ltd stock was higher by 5% at Rs.294.The organization posted a net benefit of Rs. 42479.30 mn for the Quarter finished March 31, 2016 when contrasted with Rs. 42385.50 mn for the Quarter finished March 31, 2015.

Cheerful Foodworks Ltd stock was around 3% at Rs.1073.The Company posted a net benefit of Rs. 294.663 million for the quarter finished March 31, 2016 when contrasted with Rs. 315.322 mn for the quarter finished March 31, 2015.

Punj Llyod Ltd stock was lower by 5% at Rs. 20.The organization posted a net loss of Rs. 4679.90 million for the quarter finished March 31, 2016 when contrasted with net benefit of Rs. 2685.30 million for the quarter finished March 31, 2015.

Aurionpro Solutions bounced 6.5% to Rs.154 after the organization has secured a request from Nagpur Metro Rail Corporation.

Author : Ways2Capital


Friday 27 May 2016

Live Stock Market Updates - Nifty recovers 8,100 imprint

traded on the NSE, 467 declined, 972 advanced and 363 stayed unaltered today. A total of 32 stocks enrolled a fresh 52-week high in trades today, while 15 stocks touched an additional 52-week low on the NSE.

The BSE Sensex opened 49.25 focuses up at 26,415.93, while NSE Nifty opened 12.30 focuses up at 8,081.95. The BSE Sesnsex ascended more than 100 focuses while the NSE Nifty moved over its urgent mental level of 8,100 on the back of purchasing in pharma and oil and gas stocks.

At 10:22 AM, the S&P BSE Sensex is exchanging at 26,512 up 145 focuses, while NSE Nifty is exchanging at 8,123 up 53 focuses.

The BSE Mid-top Index is exchanging up 0.61% at 11,260, though BSE Small-top Index is exchanging up 0.59% at 11,113.

Sun Pharma, Lupin, SBI, Adani Ports, Hero MotoCorp, ONGC, RIL, Cipla, Infosys and M&M are among the gainers, though BHEL, HDFC, Bharti Airtel, ITC and NTPC are losing sheen on BSE.

Some purchasing action is found in oil and gas, pharma, realty, vitality, fundamental materials, metal and managing an account divisions, while FMCG is indicating shortcoming on BSE.

The INDIA VIX is up 1.12% at 15.4975. Out of 1,802 stocks exchanged on the NSE, 467 declined, 972 progressed and 363 stayed unaltered today.

A sum of 32 stocks enlisted a new 52-week high in exchanges today, while 15 stocks touched another 52-week low on the NSE.

The Indian rupee opened higher by 15 paise at 67.02/$ against US Dollar on Friday as against the past close of 67.17/$. In Japan, Core CPI expansion shrunk by 0.3% amid April (yoy premise). Deflationary pattern endures in the center part (barring nourishment and vitality), connoting shortcoming in total interest. The rupee opened higher on expanded offering of the US coin by exporters and banks in the midst of a higher opening in the residential value market.

BPCL Ltd stock aroused by 6% at Rs.978. The organization posted a net benefit of Rs.25490.80 million for the quarter finished March 31, 2016 when contrasted with Rs. 28528.90 million for the quarter finished March 31, 2015.

Strides Shasun has declared that it has gotten USFDA endorsement for Metronidazole Tablets. Strides Shasun Ltd is as of now exchanging at Rs. 1134, up by Rs. 24.55 or 2.21% from its past shutting of Rs. 1109.45 on the BSE.

Joined Spirits Ltd stock was lower by 4% at Rs.2388.The Company has posted a net misfortune) of Rs.89.90 mn for the quarter finished March 31, 2016 when contrasted with Rs.17992.80 mn for the quarter finished March 31, 2015.

Plane Airways climbed 3% to Rs.625 on BSE. The organization has posted a net benefit of Rs.3971.60 million for the quarter finished March 31, 2016 when contrasted with net loss of Rs.17289.9 million for the quarter finished March 31, 2015.

Sun Pharmaceutical Industries revived 4.2% to Rs.812.40. The organization said that the umbrella settlement and exchange understandings marked with Daiichi Sankyo and its abroad backups have been ended because of divestment of Ranbaxy by the Japanese firm.

Finolex Cables Ltd stock was higher by 10% at Rs.336.The Company posted a net benefit of Rs. 831.8 million for the quarter finished March 31, 2016 when contrasted with Rs. 468.5 mn for the quarter finished March 31, 2015.

National Bank of India educated BSE that the Board of Directors to consider the proposition looking for endorsement of shareholders ahead of time to raise the value capital upto Rs.3000 crore amid Financial year 2016-17 through different modes, for example, Preferential Issue, QIP, Rights Issue, FPO, and so on subject to endorsement of Government of India, Reserve Bank of India and other statutory powers (assuming any) in the imminent Annual General Meeting. The stock is right now exchanging at Rs. 80.75, around Rs. 0.2 or 0.25% from its past shutting of Rs. 80.95 on the BSE.

Fortis Healthcare Ltd stock was lower by 4% at Rs. 167. The Board of Directors of the organization at its meeting hung on May 26, 2016, have chosen to survey and assess a de-merger of the diagnostics business of the organization, notwithstanding different choices that might be accessible to open and adapt esteem intrinsic around here.

Author : Ways2Capital

Thursday 26 May 2016

Live Stock Market Updates - Nifty exchanges above 7,950 imprint

Some purchasing action is found in capital products, mechanical, power, oil and gas, auto, telecom, utilities and money segments, while metal, pharma and FMCG are demonstrating shortcoming on BSE.

At 10:27 AM, the S&P BSE Sensex is exchanging at 26.048 up 116 focuses, while NSE Nifty is exchanging at 7,978 up 44 focuses.

The BSE Mid-top Index is exchanging up 0.43% at 11,127, though BSE Small-top Index is exchanging up 0.49% at 11,007.
L&T, BHEL, ONGC, GAIL, Bajaj-Auto, Infosys, Hero MotoCorp, Tata Motors and Dr.Reddy's are among the gainers, though NTPC, Sun Pharma, TCS, SBI, ITC, M&M, Tata Steel and Lupin are losing sheen on BSE.

Some purchasing action is found in capital products, mechanical, power, oil and gas, auto, telecom, utilities and money areas, while metal, pharma and FMCG are indicating shortcoming on BSE.

The INDIA VIX is down 2.78% at 15.0875. Out of 1,770 stocks exchanged on the NSE, 542 declined,781 progressed and 447 stayed unaltered today.

A sum of 17 stocks enlisted a crisp 52-week high in exchanges today, while 20 stocks touched another 52-week low on the NSE.

The Indian rupee opened hardly higher by 1 paise at 67.32/$ against US Dollar on Thursday as against the past close of 67.33/$. On Wednesday, the rupee recuperated lost ground, with qualities bouncing back till 67.30 levels in the seaward NDF markets. Quality in local values and delicateness in US dollar against the wicker container of monetary standards helped the upside in Indian rupee. On more extensive front, despite the fact that US dollar has pared, the general climb stays in place till the keep running up to Fed meet on June fifteenth.

The F&O expiry could see the typical roughness however the predisposition stays positive until further notice. The expense of convey for few blue chips stocks is high and this could prompt lower rolls. Either cost of bring lessens during that time or the most recent couple of minutes could see money based purchasing which could prop up the records. ONGC, BPCL, Jet Airways, Union Bank of India profit will be in core interest.

Algo exchanging has been going under expanded watch by the controller and SEBI may get new directions to guarantee level-playing field and reasonable access to financial specialists. Punishments might be raised on HFT firms which have a high request to-exchange proportion, says a report. SEBI is additionally wanting to delist 4000 organizations this monetary, as indicated by reports. Numerous are recorded on the provincial stock trades, where there is no exchanging.

Asian markets are exchanging on a blended note. Japan's Nikkei 225 was up 0.4%, Shanghai composite down 0.74%. Oil costs picked up in the US session after US government information demonstrated a bigger than-anticipated drop in rough inventories. Worldwide benchmark Brent fates settled up 2.3 percent at USD 49.74 a barrel, while US rough fates added 1.93 percent to USD 49.56.

Divider Street finished higher for the second day consecutively. The Dow Jones progressed 145.46 focuses or 0.82%. The S&P 500 rose 14.48 focuses or 0.70%, while Nasdaq Composite Index increased 33.84 focuses or 0.70%.

On the political front, the Union Cabinet has affirmed a national arrangement on capital merchandise or apparatus and hardware which goes for making more than 2 crore new employments and tripling the creation of capital products to Rs.7.5 lakh crore by 2025. Bureau has waived advances worth more than Rs.9,079 crore owed by Hindustan Fertilizer Corporation as a major aspect of a budgetary rebuilding bundle.

Laurus Labs is arranging a Rs.750-1,000 crore IPO, which is relied upon to hit the business sectors in the second 50% of the year, as indicated by reports. The organization is relied upon to weaken up to 25% stake in the offer deal.

Larsen and Toubro energized 9.6% to Rs.1,416 after the organization reported united net benefit of Rs.2,453.64 crore for the quarter finished March 31, 2016, enlisting development of 18.55% yoy and 137.11% qoq. The stock has hit upper circuit at Rs.1,420.40 on BSE.

Aditya Birla Fashion and Retail broke 6.5% to Rs.138 on BSE. The organization reported a net loss of Rs.109.82 crore on standalone premise for the January-March quarter of 2015-16 against lost Rs.63.78 crore in the same period a year ago. The organization will go into a coupling MoU with worldwide attire mark Forever 21 to obtain its online and logged off rights for the Indian business sector.


Author : Ways2Capital

Wednesday 25 May 2016

Live Stock Market Updates - Nifty exchanges above 7,850 imprint

Some purchasing movement is found in saving money, realty, IT, modern, oil and gas, auto, utilities and telecom parts, while purchaser durables segment is demonstrating shortcoming on BSE.

The Indian value market expanded its additions for the second in a row day on firm worldwide signals.

At 10:56 AM, the S&P BSE Sensex is exchanging at 25,663 up 357 focuses, while NSE Nifty is exchanging at 7,866 up 117 focuses.

The BSE Mid-top Index is exchanging up 0.85% at 11,067, though BSE Small-top Index is exchanging up 0.92% at 10,951.

Hub Bank, Tata Motors, L&T, BHEL, ICICI Bank, NTPC, TCS and Adani Ports are among the gainers, while Cipla, Coal India, GSFC, Cipla, Amara Raja and Redington India are losing sheen on BSE.

Some purchasing action is found in managing an account, realty, IT, modern, oil and gas, auto, utilities and telecom divisions, while buyer durables segment is indicating shortcoming on BSE.

The INDIA VIX is down 3.02% at 15.7300. Out of 1,804 stocks exchanged on the NSE, 322 declined, 1,088 progressed and 394 stayed unaltered today.

An aggregate of 17 stocks enlisted a crisp 52-week high in exchanges today, while 19 stocks touched another 52-week low on the NSE.

The Indian rupee opened higher by 12 paise at 67.63/$ against US Dollar on Wednesday as against the past close of 67.75/$. The rupee opened higher on expanded offering of the US coin by exporters and banks in the midst of higher opening in the local value market.

Skymet has reexamined higher its conjecture for the 2016 southwest rainstorm to 109% of the long stretch normal (LPA) from 105% of LPA anticipated before. On Tuesday, carrier stocks declined as a frail rupee uplifted worries about its effect on working expenses. Concrete stocks picked up on recharged purchasing. On the political front, on the eve of the legislature finishing two years in office, Minister of Parliamentary Affairs M.Venkaiah Naidu said "After some avoidable interruptions of Parliament and especially, amid the Monsoon and Winter sessions a year ago, both the Houses have advanced to another harmony i.e equalization. Resistance is raising some issues with all the might they can gather yet administrative work is going on. I trust this parity will keep on staying in the not so distant future."

L&T, Tata Steel income will be in core interest. Asian markets are exchanging higher. Japan's Nikkei 225 was up 1.77%, with shares accepting an extra support from a generally weaker yen against the dollar. Shanghai composite up by 0.33%. Oil costs progressed on Wednesday, with worldwide benchmark Brent fates up 1.15% to $49.17.

Ricoh India hit 5% lower circuit at Rs.243.20 on BSE after the organization is under the scanner of Sebi for the claimed irregularities in monetary exchanges recorded in the organization's book of records, according to media reports.

Tech Mahindra bounced 9.5% to Rs.525.45 on BSE. The organization reported solidified net benefit of Rs. 897.08 crore for the quarter finished March 31, 2016, enlisting development of 18.15% qoq and 90.06% yoy. The organization's income remained at Rs. 6,883.73 crore, timing development of 2.72% qoq and 12.54% yoy.

Linc Pen and Plastics climbed 10% to Rs.206.40 on BSE. The organization reported a united net benefit of Rs.6.3 crore, against Rs.3.8 crore in the same period a year ago. Absolute Income in the same period rose 13.3% to Rs.105 crore from Rs.92.6 crore in the year prior period.

Gujarat State Fertilizers and Chemicals stock was lower by 8% at Rs. 73. The organization reported a 49.50% drop in its net benefit at Rs.32.57 crore for the quarter finished March 31, because of higher costs.

Zee Media Corporation Ltd stock was higher by 16% at Rs.21. The organization posted a combined net benefit of Rs.18.26 crore for the final quarter that finished on March 31, 2016.

Cipla stock was lower by 4% at Rs. 476. The organization has posted a net benefit after minority intrigue and share of benefit of partners of Rs. 808.70 million for the quarter finished March 31, 2016 though the same was at Rs. 2596.60 million for the quarter finished March 31, 2015.


Bharti Airtel increased 1.2% to Rs.349.25 on BSE. The telecom organization has gone into an authoritative consent to procure 1800 MHz range from Videocon Telecom for Rs.4,428 crore.

Author : Ways2Capital

Tuesday 24 May 2016

Live Stock Market Updates - Nifty exchanges underneath 7,750 imprint

The BSE Mid-top Index is exchanging down 0.05% at 10,985, though BSE Small-top Index is exchanging down 0.08% at 10,913.Some purchasing action is seen in FMCG, utilities, essential materials, metals and realty segments, while IT, pharma, realty and teck parts are indicating shortcoming on BSE.


At 10:21 AM, the S&P BSE Sensex is exchanging at 25,249 up 19 focuses, while NSE Nifty is exchanging at 7,737 up unimportant six focuses.

The BSE Mid-top Index is exchanging down 0.12% at 10,977, while BSE Small-top Index is exchanging down 0.22% at 10,898. Shortcoming in Asian stocks weighed on conclusion. Pharma and IT stocks declined.

NTPC, ITC, Cipla, Tata Motors, ICICI Bank, RIL, Maruti Suzuki and HDFC are among the gainers, though Adani Ports, Bharti Airtel. Sun Pharmaceuticals, M&M, ONGC and GAIL are losing sheen on BSE.

Some purchasing action is seen in FMCG, utilities, fundamental materials, metals and realty divisions, while IT, pharma, realty and teck segments are indicating shortcoming on BSE.

The INDIA VIX is down 0.17% at 16.1325. Out of 1,780 stocks exchanged on the NSE, 731 declined, 591 progressed and 458 stayed unaltered today.

An aggregate of 11 stocks enlisted a crisp 52-week high in exchanges today, while 16 stocks touched another 52-week low on the NSE.

Welspun Corp Ltd stock was lower by 4% at Rs. 84. The stock is down for the second day. The organization posted a net benefit after charges, minority intrigue and share of benefit of partners of Rs.230.50 million for the quarter finished March 31, 2016 contrasted and Rs.1437.70 million for the quarter finished March 31, 2015.

VRL Logistics Ltd smashed 20% to Rs.315. The promoters of VRL Logistics have arrangements to begin a local aircraft and may offer near 2% stake in the logistics organization, as indicated by reports.

Deluge Pharma Ltd stock was lower by 6% at Rs.1256.The organization posted a net benefit after assessments, minority intrigue and share of benefit of partners of Rs. 3570 mn for the quarter finished March 31, 2016 where as the same was at Rs.1300 million for the quarter finished March 31, 2015.

The Indian rupee opened lower by 17 paise at 67.66/$ against US Dollar on Tuesday as against the past close of 67.49/$. In worldwide markets, the greenback kept up firm tone against the bushel of monetary standards, excepting Japanese Yen. Yen recaptured lost ground after a few clergymen at G‐7 meeting resounded complaints in admiration with mediation by BOJ in the coin markets.

Asian securities exchanges are exchanging lower on Tuesday. Australian shares were additionally almost unaltered in early exchange. The Nikkei 225 was exchanging 0.59% lower at 16,556.56 focuses. The Markit/Nikkei Flash Japan Manufacturing Purchasing Managers Index indicated Japanese assembling movement contracted at the speediest pace in over three years in May as new requests drooped.

China's Shanghai Composite is right now exchanging 0.90% lower at 2,818.15 focuses. South Korea's Kospi file ​is ​at 1,943.07 focuses (down 0.63%) and Indonesia's Jakarta Composite ​is ​at 4,731.73 focuses (down 0.25%).

Taiwan's Taiex at 8,308.35 focuses (down 0.43%), Singapore's Straits Times at 2,756.98 focuses (down 0.36%), Hong Kong's Hang Seng at 19,743.39 focuses (down 0.33), Thailand's SET Composite at 1,377.17 focuses (down 0.33%) and Singapore Nifty at 7,724 focuses (down 0.17%).

Divider Street finished lower on Monday. A skip in Apple neglected to counterbalance worries that the US Federal Reserve could raise loan costs sooner than later. The Dow Jones mechanical normal declined 0.05% to end at 17,492.93 focuses and the S&P 500 lost 0.21% to 2,048.04. The Nasdaq Composite plunged 0.08% to 4,765.78. Brent prospects plunged 4 pennies to $48.31 in the wake of shutting down 37 pennies in the past session, with both contracts completing with humble misfortunes for a fourth straight session.

Author : Ways2Capital

Monday 23 May 2016

At 11:05 AM, the S&P BSE Sensex is exchanging at 25,355 up 53 focuses, while NSE Nifty is exchanging at 7,773 up 23 focuses.

The BSE Mid-top Index is exchanging up 0.44% at 11,072, though BSE Small-top Index is exchanging up 0.35% at 11,002. 
ITC, Adani Ports, Tata Motors, HUL, Bharti Airtel, Lupin, ICICI Bank, GAIL, and Axis Bank are among the gainers, though Sun Pharma, ONGC, Cipla, Wipro, Bajaj-Auto and Infosys are losing sheen on BSE. 

Some purchasing action is seen in FMCG, telecom, utilities, metal, purchaser durables, modern, fundamental materials, keeping money and auto divisions, while pharma, realty, capital merchandise, IT and teck parts are indicating shortcoming on BSE. 

The INDIA VIX is down 1.75% at 16.1375. Out of 1,815 stocks exchanged on the NSE, 634 declined, 830 progressed and 351 stayed unaltered today. 

An aggregate of 19 stocks enlisted a crisp 52-week high in exchanges today, while 28 stocks touched another 52-week low on the NSE. 

The Indian rupee opened higher by 7 paise at 67.30/$ against US Dollar on Monday as against the past close of 67.37/$. On Friday, rupee expanded the shortcoming, as different developing business sector monetary standards stayed on edge, weighed by the fortified view of a rate trek by US Fed in June. 

Jagran Prakashan Ltd has educated BSE that a meeting of the top managerial staff of the organization will be hung on May 30, 2016 to consider a proposition for buyback of the value offers under the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, subject to (a) receipt of endorsement of the plan of course of action between Suvi Info Management (Indore) Private Limited, an auxiliary of the Company, with the Company, which conspire has been affirmed by the Hon'ble Allahabad High Court however is pending endorsement from the Hon'ble Bombay High Court; and (b) receipt of endorsement of the plan of amalgamation between Crystal Sound 8c Music Private Limited and Spectrum Broadcast Holdings Private Limited, both backups of the Company, with the Company and demerger of the radio business undertaking of Shri Puran Multimedia Limited into Music Broadcast Limited, an auxiliary of the Company, which plan is pending endorsement from the Hon'ble Allahabad High Court and the Hon'ble Bombay High Court. 

Tata Power took off 2.2% to Rs.70.90. The organization will declare its Q4 numbers today. IIFL gauges the organization's net benefit to spurt to Rs.263 crore, at a rate of 151% yoy and 1,532.9 qoq. 

Finolex Industries Ltd stock was up by 2% at Rs. 405. The organization posted a net benefit of Rs.784.78 million for the quarter finished March 31, 2016 contrasted and Rs.276.81 million for the quarter finished March 31, 2015. 

Manappuram Finance Ltd was higher by 8% at Rs. 52.65. The organization will be issuing Secured Redeemable Non-Convertible Debentures amassing upto Rs.150 Crores by method for Private Placement (Institutional) under SEBI (Issue and Listing of Debt Securities) Regulations, 2008. Proposed allocation for the above issue will be on 23rd May, 2016. 

Suven Life has reported that it has secured 4 item licenses In Australia, Eurasia, Israel and US. The stock is right now exchanging at Rs. 211.1, up by Rs. 3.55 or 1.71% from its past shutting of Rs. 207.55 on the BSE. 

National Aluminum Company Ltd stock was higher by 5% at Rs.42. The organization has reported that a meeting of its governing body will be hung on May 25, 2016, bury alia, to consider the proposition for modification in articles of relationship of the organization and buyback of the completely paid-up value shares of the organization. 

SpiceJet stock was up by 3% at Rs. 252. The carrier would like to submit a request for more than 100 restricted body air ship in the following 2-3 months, Chairman and MD Ajay Singh has been cited as saying by a business daily.SpiceJet is wanting to rundown its securities on the National Stock Exchange, as indicated by reports. 

Britannia Industries Ltd stock was lower by 6% at Rs.2756.The organization posted a net benefit after expenses, minority intrigue and share of benefit of partners of Rs. 1902.30 million for the Quarter finished March 31, 2016 when contrasted with Rs. 1672.50 mn for the Quarter finished March 31, 2015. 

Cox and Kings Ltd stock was lower by 5% at Rs.165.The organization posted a net benefit/(misfortune) after expense of Rs. 3055.37 mn for the quarter finished March 31, 2016 when contrasted with net benefit of Rs. 645.688 mn for the quarter finished March 31, 2015.

Author : Ways2Capital

Friday 20 May 2016

Live Stock Market Updates - Sensex, Nifty exchanges level

The BSE Mid-top Index is exchanging down 0.11% at 11,065, though BSE Small-top Index is exchanging down 0.45% at 11,005. The INDIA VIX is down 0.73% at 16.9375.

At 10:23 AM, the S&P BSE Sensex is exchanging at 25,405 up four focuses, while NSE Nifty is exchanging at 7,777 down unimportant six focuses.

The BSE Mid-top Index is exchanging down 0.11% at 11,065, though BSE Small-top Index is exchanging down 0.45% at 11,005.

GAIL, NTPC, ONGC, Infosys, Tata Motors, ITC, M&M and Axis Bank are among the gainers, though Lupin, Bharti Airtel, Maruti Suzuki, HUL, Asian Paints, Adani Ports and ICICI Bank are losing sheen on BSE.

Some purchasing action is found in oil and gas, power, utilities, IT, FMCG and fundamental materials areas, while telecom, pharma, realty, money and vitality parts are indicating shortcoming on BSE.

The INDIA VIX is down 0.73% at 16.9375. Out of 1,800 stocks exchanged on the NSE, 822 declined, 594 progressed and 384 stayed unaltered today.

The Indian rupee opened lower by 7 paise at 67.43/$ against US Dollar on Friday as against the past close of 67.36/$. The rupee stayed under tremendous weight, with qualities plunging towards 67.60 in the seaward NDF markets. Euro moved underneath 1.12, Yen tumbled to 110, while Yuan falling till 6.55 levels. The sharp retracement in the coin markets can be ascribed to the minutes of US FOMC meeting in April, which has strengthened the impression of a rate climb in June. The minutes uncovered that a large portion of the Federal Reserve individuals agree on the likelihood of a rate trek one month from now, gave that monetary information keeps up the positive energy.

Author : Ways2Capital


Thursday 19 May 2016

Main 15 stocks in concentrate today: Lupin, Tata Motors, Parag Milk Foods

Look at the organizations which will be in center amid exchange today in light of later and most recent news improvements

Tata Motors: Life Insurance Corporation of India (LIC) has expanded its shareholding in Tata Motors from 4.91 for every penny to 7.01 for each penny through buy of shares between January 8, 2013, and May 17, 2016, Tata Motors said in an administrative recording.

Lupin: Lupin Ltd, one of the main pharmaceutical organizations in India, will report its Q4 number today. IIFL gauges the organization's net benefit to impel to Rs.704 crore, at a rate of 28.7% yoy and 32.8% qoq.

Parag Milk Foods: Parag Milk Foods to rundown today. The organization's Rs.760 crore first sale of stock (IPO), which was stretched out by three days, was oversubscribed 1.83 times on the last day of the offer which finished on May 11.

Coal India: Coal India Ltd has been advised to give the full contracted amount of coal to power era organizations under the fuel supply understandings (FSAs) marked in 2011, Power and Coal Minister Piyush Goyal has been cited as saying by a budgetary daily paper.

NTPC: NTPC has pulled back the notification to Delhi-based BSES power circulation organizations with respect to control of force supply because of pending levy taking after a genial settlement, reports a business every day.

Maruti Suzuki: Maruti Suzuki has propelled the nation's smash hit Alto 800 with all new outline and elements, and fuel productivity. The new Alto 800 now conveys a fuel effectiveness of 24.7 Km/l of petrol, around 9 for each penny change over the prior adaptation.

Pidilite Industries: Pidilite Industries Ltd., biggest cement producer, will declare its Q4 comes about today. IIFL gauges the organization's net benefit to go up to Rs.129 crore, at a rate of 59.7% yoy and fall of 30.7 qoq.

Castrol India: BP, the promoter of the organization, is hoping to offer a stake worth up to $287 million in its Indian auxiliary however a piece exchange on Thursday, according to ET report.

IFB Industries: The organization net benefit remained at Rs.5 crore while the aggregate wage of the organization came in at Rs.368.5 crore as against Rs.326.9 crore yoy premise.

Telecom stocks in center: Idea Cellular endorsers dropped 0.22% to 174.69 million in April as contrasted and March 2016 supporters. Bharti Airtel included most extreme number of endorsers i.e. 0.98 million in the month of April achieving 252.22 million endorsers. MTNL stayed level at 3.57 million endorsers. Videocon developed as the top washout with a decay of 21.48% to 5.15 million endorsers, according to COAI report.

Novartis: The organization declared changes to center its Pharmaceuticals Division by making two specialty units answering to the CEO: Novartis Pharmaceuticals and Novartis Oncology.

JK Lakshmi Cement: JK Lakshmi Cement Ltd posted a net benefit of Rs.483.80 mn for the quarter finished March 31, 2016 contrasted and Rs.60.50 million for the quarter finished March 31, 2015.


Company Bank: The bank has posted a net loss of Rs.511 crore for the quarter finished March 31, 2016 when contrasted with net benefit of Rs. 45.1 crore for the quarter finished March 31, 2015.

Author : Ways2Capital

Wednesday 18 May 2016

Live Stock Market Updates - Nifty exchanges underneath 7850 imprint

The BSE Mid-top Index is exchanging down 0.39% at 11,160, though BSE Small-top Index is exchanging down 0.04% at 11,140. Out of 1,802 stocks exchanged on the NSE, 902 declined, 551 progressed and 349 stayed unaltered today.


The BSE Sensex has opened more than 200 focuses lower, while the Nifty hit a low of 7,826 in early exchange. At 10:37 AM, the S&P BSE Sensex is exchanging at 25,541 down 235 focuses, while NSE Nifty is exchanging at 7,822 down 69 focuses.

The BSE Mid-top Index is exchanging down 0.39% at 11,160, though BSE Small-top Index is exchanging down 0.04% at 11,140.

ONGC, GAIL, NTPC, SBI, RIL and Tata Comm are among the gainers, while Maruti Suzuki, BHEL, Hero MotoCorp, Tata Motors, ICICI Bank and Infosys are losing sheen on BSE.

Some purchasing action is found in oil and gas, utilities and vitality parts, while auto, saving money, IT, mechanical, FMCG, IT and telecom segments are indicating shortcoming on BSE.

The INDIA VIX is up 2.87% at 16.8425. Out of 1,802 stocks exchanged on the NSE, 902 declined, 551 progressed and 349 stayed unaltered today.

A sum of 18 stocks enrolled a crisp 52-week high in exchanges today, while 13 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 8 paise at 66.95/$ against US Dollar on Wednesday as against the past close of 66.87/$. The rupee hit 2-month on constant dollar request from banks and shippers on the back of higher greenback in the abroad market.

Pivot Bank slipped 1% to Rs. 498. The bank has kept its loaning rates in view of minimal expense of assets unaltered successful from 18 May 2016. The bank's Marginal Cost of Funds based Lending Rate (MCLR) for overnight credits will be 8.95%, the rate for one month will be 9.05% and for three months it will be 9.25%.

Tata Metaliks hit 20% upper circuit for the second sequential session. Tata Steel has reviewed its arrangement sent to the Bombay High Court for a merger of Tata Metaliks and Tata Metaliks DI Pipes with itself. In a warning to the stock trades, Tata Steel on Tuesday said that the merger plan was not compelling in light of the fact that the appeal recorded by Tata Metaliks in the Calcutta High Court for endorsement was pending.

SBI stock was up by 1% at Rs.178. State Bank of India has reported that it is looking for "on a fundamental level assent" of the Central Government to go into transaction with the backup banks (State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore) and Bharatiya Mahila Bank Limited to secure their organizations including resources and liabilities.

Tata Communications hopped 3.8% to Rs.450.25 on BSE. The organization will declare its Q4 numbers today. According to IIFL's gauge, the organization is required to enlist a net income of Rs.5,179 crore, developing at 1.5% qoq and 5.4% on yoy premise.

Author : Ways2Capital

Tuesday 17 May 2016

Live Stock Market Updates - Sensex revitalizes more than 150 focuses; Oil and Gas, Realty pick up

At 9:33 AM, the S&P BSE Sensex is exchanging at 25,817 up 164 focuses, while NSE Nifty is exchanging at 7,912 up 51 focuses. 

The BSE Mid-top Index is exchanging up 0.52% at 11,248, though BSE Small-top Index is exchanging up 0.50% at 11,179. 

ONGC, Axis Bank, HDFC, ICICI Bank, BHEL, NTPC, Infosys and Hero MotoCorp are among the gainers, though Tata Motors, HUL, Adani Ports, Strides Shasun and Syndicate Bank are losing sheen on BSE. 

Some purchasing action is found in oil and gas, realty, managing an account, capital products, telecom, vitality and IT parts on BSE. 

The INDIA VIX is down 3.44% at 16.4450. Out of 1,784 stocks exchanged on the NSE, 353 declined, 992 progressed and 353 stayed unaltered today. 

An aggregate of 31 stocks enlisted a crisp 52-week high in exchanges today, while minor six stocks touched another 52-week low on the NSE. 

The Indian rupee opened higher by 6 paise at 66.74/$ against US Dollar on Tuesday as against the past close of 66.80/$. On the residential front, wholesale expansion rose 0.34% amid April, the main ascent following seventeen back to back months of compression. The ascent in wholesale costs is credited to higher expenses for sustenance and produced things. Costs of sustenance articles which contribute 14.3% to Wholesale Price Index rose 4.23% on yoy premise, while costs of made items rose 0.71% on yoy premise. Produced things have a weightage of roughly 65% in the WPI. 

Asian securities exchanges are exchanging on a blended note after a bounce back in innovation mammoth Apple Corp and oil value picks up supported Wall Street. 

China's Shanghai Composite is as of now exchanging 0.13% lower at 2,847.02 focuses. South Korea's Kospi list ​is ​at 1,967.06 focuses (down 0.04%) and Indonesia's Jakarta Composite ​is ​at 4,730.89 focuses (down 0.01%). 

Taiwan's Taiex at 8,085.19 focuses (up 0.22%), Singapore's Straits Times at 2,746.69 focuses (up 0.39%), Hong Kong's Hang Seng at 19,888.05 focuses (up 0.02%), Thailand's SET Composite at 1,397.63 focuses (up 0.21%) and Singapore Nifty at 7,908.50 focuses (up 0.37%). 

US stock files saw a common development on Monday, as a surge in oil costs and a rally in innovation stocks balance weaker-than-anticipated assembling information from the New York district. Apple offers moved by 3.7% after Warren Buffett's Berkshire Hathaway Inc unveiled in an administrative documenting that it had purchased a 9.8 million-offer stake amid the main quarter. 

The S&P 500 list spurted by 20.04 focuses, or 1%, to close at 2,066.53, with each of the 10 fundamental areas completing higher. The Energy and Technology areas drove the additions, up 1.6% and 1.4%, separately.
Author : Ways2Capital

Monday 16 May 2016

Live Stock Market Updates - Sensex, Nifty rough; telecom, managing an account drag

Live Stock Market Updates - Sensex, Nifty uneven; telecom, managing an account dragThe BSE Mid-top Index is exchanging up 0.13% at 11,171, though BSE Small-top Index is exchanging down 0.03% at 11,117. Out of 1,816 stocks exchanged on the NSE, 678 declined, 755 progressed and 383 stayed unaltered today.

At 10:37 AM, the S&P BSE Sensex is exchanging at 25,445 down 44 focuses, while NSE Nifty is exchanging at 7,799 down 16 focuses.

The BSE Mid-top Index is exchanging up 0.13% at 11,171, while BSE Small-top Index is exchanging down 0.03% at 11,117.

Dr.Reddy's, Tata Motors, Adani Ports, BHEL, Asian Paints and Wipro are among the gainers, while SBI, Bharti Airtel, HUL, ICICI Bank, GAIL, Axis Bank, HDFC Bank and ONGC are losing sheen on BSE.

Some purchasing movement is found in realty, IT, pharma, power and modern areas, while managing an account, oil and gas, metal, FMCG, telecom and vitality divisions are indicating shortcoming on BSE.

The INDIA VIX is up 1.48% at 17.2500. Out of 1,816 stocks exchanged on the NSE, 678 declined, 755 progressed and 383 stayed unaltered today.

A sum of 28 stocks enrolled a crisp 52-week high in exchanges today, while 16 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 13 paise at 66.90/$ against US Dollar on Monday as against the past close of 66.77/$.On the household front, India's products fares and imports for April 2016 fell by 6.74% and 23.10% to $20.5 billion and $25.4 billion, separately, when contrasted with the same period earlier year. The exchange shortfall of $4.8 billion for the month of April 2016 is a fall for the fourth straight month of the year.

Bank of Baroda Ltd stock was lower by 5% at Rs.147. The bank has posted a net loss of Rs.32301.40 mn for the quarter finished March 31, 2016 contrasted and a net benefit of Rs.5983.50 mn for the quarter finished March 31, 2015. The organization's business rose 150% to Rs.515.57 crore in the quarter finished March 2016 as against Rs.205.93 crore amid the past quarter finished March 2015.

Maithan Alloys hits 20% upper circuit at Rs.251. The organization reported net benefit expanded 361.45% to Rs.46.33 crore in the quarter finished March 2016 as against Rs.10.04 crore amid the past quarter finished March 2015.

Aurobindo Pharma picked up 1% to Rs.793 after the pharma organization has gotten US FDA endorsement for Bupivacaine Hydrochloride Injection.

Ahluwalia Contracts India zoomed 4% to Rs.287 after the organization has secured new activities worth of Rs. 492.65 crores for development of institutional and business building, including Electrical, Plumbing and Firefighting administrations.

SBI slipped 2% to Rs. 181. State Bank of India appended the Kingfisher Villa in Goa, says report. The property has been joined by SBICAP Trustee Company Limited, as a component of recuperation procedures for credits given by a SBI-drove consortium.

Dependence Defense and Engineering bounced 3% to Rs. 66. The organization posted a net benefit of Rs. 1024.40 mn for the quarter finished March 31, 2016 when contrasted with net loss of Rs.1582.80 mn for the quarter finished March 31, 2015.

Union Bank of India dropped 5% to Rs. 109. The Bank has posted a net benefit of Rs. 961.20 mn for the quarter finished March 31, 2016 when contrasted with Rs. 4437.70 mn for the quarter finished March 31, 2015.

Bayer CropScience split 5% to Rs.3885. The Company posted a net benefit of Rs. 165 million for the quarter finished March 31, 2016 when contrasted with Rs. 434 mn for the quarter finished March 31, 2015.

National Bank plunged 4% to Rs. 74. The bank has posted a net loss of Rs.8980.40 mn for the quarter finished March 31, 2016 contrasted and a net benefit of Rs.1742.90 mn for the quarter finished March 31, 2015.

Author : Ways2Capital 




Friday 13 May 2016

Live Stock Market Updates - Sensex falls more than 200 focuses

Some purchasing action is found in realty area, while telecom, metal, keeping money, shopper durables, IT and FMCG are indicating shortcoming on BSE. The INDIA VIX is up 0.76% at 16.4525. Out of 1,771 stocks exchanged on the NSE, 629 declined, 669 progressed and 473 stayed unaltered today.

At 9:35 AM, the S&P BSE Sensex is exchanging at 25,618 down 259 focuses, while NSE Nifty is exchanging at 7,859 down 41 focuses.

The BSE Mid-top Index is exchanging up 0.04% at 11,226, while BSE Small-top Index is exchanging up 0.11% at 11,153.

Tata Motors, Asian Paints, Adani Ports, HDFC, Cipla, Axis Bank and NTPC are among the gainers, while Bharti Airtel, HUL, Dr.Reddy's, GAIL, ICICI Bank and Coal India are losing sheen on BSE.

Some purchasing action is found in realty segment, while telecom, metal, managing an account, buyer durables, IT and FMCG are demonstrating shortcoming on BSE.

The INDIA VIX is up 0.76% at 16.4525. Out of 1,771 stocks exchanged on the NSE, 629 declined, 669 progressed and 473 stayed unaltered today.

An aggregate of 29 stocks enlisted a crisp 52-week high in exchanges today, while 14 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 16 paise at 66.78/$ against US Dollar on Thursday as against the past close of 66.62/$. On the local front, India's mechanical yield amid March developed at a small rate of 0.1% on yoy premise, a sharp fall in development when contrasted and the perusing of 2% amid February. Capital merchandise saw a startling compression of 15.4%, while mining action declined by 0.1%. Fabricating which contributes a noteworthy piece of IIP, declined by 1.2%. Producing action for the whole FY2015‐16 developed at small rate of 2%, when contrasted and the development rate of 2.3% amid earlier year.

Manappuram Finance Ltd stock energized by 17% at Rs. 49.05.The organization posted a net benefit of Rs. 1307.000 million for the Quarter finished March 31, 2016 when contrasted with Rs. 700.370 mn for the Quarter finished March 31, 2015.

Polaris Consulting and Services Ltd posted a net benefit of Rs. 51.035 mn for the Quarter finished March 31, 2016 when contrasted with Rs. 370.851 mn for the Quarter finished March 31, 2015. Polaris Consulting and Services Ltd is as of now exchanging at Rs. 190.9, around Rs. 6.85 or 3.46% from its past shutting of Rs. 197.75 on the BSE.

Settle India Ltd stock was up by 2% at Rs. 5814. The organization reported standalone net benefit of Rs.259 crore for the quarter finished March 31, 2014, enrolling decrease of 19.13% yoy, however development of 41.38% qoq.

Bank of Maharashtra stock was around 2% at Rs.29. The bank posted a net loss of Rs 119.84 crore for the final quarter finished March 2016 because of ascend in awful credits. All out wage of the bank declined to Rs 3,566.68 crore in the January-March quarter, as against Rs 3,598.89 crore in the same period a year prior.

Havells India stock was higher by 4% at Rs. 354. The organization is taking a gander at developing the business both through natural and inorganic open doors, Chairman and MD Anil Rai Gupta has been cited as saying by a business every day.

Glenmark Pharma stock was up 1% at Rs.869. The organization posted a net benefit after duties, minority intrigue and share of benefit of partners of Rs.1714.86 mn for the quarter finished March 31, 2016.


Author : Ways2Capital

Thursday 12 May 2016

Live Stock Market Updates - Sensex, Nifty combine pick up

At 10:44 AM, the S&P BSE Sensex is exchanging at 25,721 up 124 focuses, while NSE Nifty is exchanging at 7,890 up 41 focuses.

The BSE Mid-top Index is exchanging up 0.49% at 11,198, while BSE Small-top Index is exchanging up 0.70% at 11,116.

ICICI Bank, Asian Paints, Adani Ports, TCS, Tata Motors, Dr.Reddy's and Axis Bank are among the gainers, while HUL, Bharti Airtel, Maruti Suzuki, Tata Steel and Coal India are losing sheen on BSE.

Some purchasing movement is found in realty, managing an account, modern, shopper durables, utilities and vitality segments

The INDIA VIX is down 2.96% at 16.5450. Out of 1,803 stocks exchanged on the NSE, 369 declined, 1,047 progressed and 387 stayed unaltered today.

An aggregate of 35 stocks enlisted a crisp 52-week high in exchanges today, while 15 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 8 paise at 66.63/$ against US Dollar on Thursday as against the past close of 66.55/$. Financial specialists will watch out for India's expansion numbers due today. CPI perusing for April is normal at 5% (yoy premise), insignificantly higher when contrasted and 4.83% amid the earlier month.

Tyche Industries hit 20% upper circuit on BSE. The organization has gotten USFDA endorsement for its API fabricating office situated in Andhra Pradesh.

OBC slipped 1.4% to Rs.84 on BSE. The bank reported standalone net benefit of Rs.21.62 crore for the quarter finished March 31, 2016. It's Net Interest Income (NII) for the quarter remained at Rs. 1,353.69 crore, timing development of 4.32% yoy and 3.39% qoq.

Bharti Infratel Ltd has reported that the Company has altered June 16, 2016 as the Record Date with the end goal of Buy-back of value shares. Bharti Infratel Ltd is as of now exchanging at Rs. 374.9, up by Rs. 4.45 or 1.2% from its past shutting of Rs. 370.45 on the BSE.

Rajesh Exports Ltd has reported that a meeting of the Board of Directors of the Company will be hung on June 13, 2016, to think about an obtaining in the Middle East. Rajesh Exports Ltd is as of now exchanging at Rs. 573.65, up by Rs. 11.65 or 2.07% from its past shutting of Rs. 562 on the BSE.

Glad Life Sciences stock encouraged by 4% at Rs. 393. Blissful Life Sciences and Cyclopharm commonly consent to end term sheet for Technegas authorizing understanding.

TVS Srichakra Ltd stock was up by 3% at Rs. 2533.The organization's income remained at Rs. 525.24 crore, up 12.96% yoy and 3.25% qoq.

Sutlej Textiles Ltd stock was higher by 9% at Rs. 578. The organization reported a 78 for every penny ascend in net benefit at Rs 48.81 crore in the March quarter. The organization had enlisted a net benefit of Rs 27.42 crore for the comparing time frame a year prior.

Author : Ways2Capital

Wednesday 11 May 2016

Live Stock Market Updates - Sensex, Nifty recuperate from early misfortunes

The BSE Mid-top Index is exchanging down 0.25% at 11,097, though BSE Small-top Index is exchanging down 0.46% at 10,991. Out of 1,771 stocks exchanged on the NSE, 1,081 declined, 257 progressed and 433 stayed unaltered today.

At 10:08 AM, the S&P BSE Sensex is exchanging at 25,650 down 118 focuses, while NSE Nifty is exchanging at 7,858 down 30 focuses.

The BSE Mid-top Index is exchanging down 0.01% at 11,124, though BSE Small-top Index is exchanging down 0.10% at 11,030.

NTPC, Asian Bank, Axis Bank, Zee Ent, UCO Bank, Monsanto and Hindalco are among the gainers, though Tata Motors, Coal India, Bharti Airtel, Adani Ports, BHEL, M&M and HDFC are losing sheen on BSE.

All parts are indicating shortcoming on BSE.

The INDIA VIX is up 4.18% at 17.1025. Out of 1,771 stocks exchanged on the NSE, 1,081 declined, 257 progressed and 433 stayed unaltered today.

A sum of four stocks enlisted a crisp 52-week high in exchanges today, while 19 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 13 paise at 66.80/$ against US Dollar on Tuesday as against the past close of 66.67/$. Indian rupee displayed shortcoming, as US dollar endured with the quality against the real coinage. There has been solid bounce back in US dollar especially against Japanese Yen. Euro has additionally withdrawn from the late highs. Strength in US dollar was at lower levels wasquite expected, given the dissimilar money related arrangement amongst US and other created economies (EU and Japan).

Save Bank of India (RBI) Governor Raghuram Rajan said on Tuesday that he had questions that "helicopter cash" would be effective if received by created world national banks.

Helicopter cash alludes to the free money offered specifically to individuals to spend and empower financial development. Rajan said that the adequacy of helicopter cash was a long way from demonstrated. "It is not totally clear that tossing the cash out of the window, or focused on checks to beneficiaries...will be politically achievable in numerous nations, or create financially the coveted impact," he said amid an address at the London School of Economics (LSE) on Tuesday.

The Bharatiya Janata Party (BJP) drove government in Maharashtra will dispatch foundation ventures worth INR 1 lakh crore (US$15 billion) amid the following one year, reports a business every day.

The Government's yearning port extension arrangement is prone to face obstacles, as residential digging organizations are thinking that its intense to raise reserves, reports a business every day.

Asian securities exchange are exchanging lower on Wednesday after the Japanese yen fortified and raw petroleum costs slipped in Asian exchanges. The Australian business sector is progressing in an expansive based rally, taking after the positive lead overnight from Wall Street and a bounce back in raw petroleum and additionally other item costs.

Author : Ways2Capital

Tuesday 10 May 2016

Live Stock Market Updates – Sensex, Nifty level; auto, metal drag

At 9:36 AM, the S&P BSE Sensex is exchanging at 25,672 up 17 focuses, while NSE Nifty is exchanging at 7,857 down unimportant nine focuses. 

The BSE Mid-top Index is exchanging up 0.21% at 11,126, while BSE Small-top Index is exchanging up 0.30% at 11,063.

Dr.Reddy's, HUL, Axis Bank, Infosys, L&T and Tata Steel are among the gainers, while Tata Motors, ONGC, NTPC, Bajaj-Auto, ICICI Bank and ITC are losing sheen on BSE.

Some purchasing movement is found in pharma, FMCG, telecom, capital products and realty segments, while auto, metal, oil and gas, telecom, mechanical, vitality and purchaser durables areas are indicating shortcoming on BSE.

The INDIA VIX is down 2.09% at 16.5925. Out of 1,770 stocks exchanged on the NSE, 561 declined, 783 progressed and 426 stayed unaltered today.

An aggregate of 18 stocks enlisted a crisp 52-week high in exchanges today, while eight stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 8 paise at 66.66/$ against US Dollar on Tuesday as against the past close of 66.58/$. On Monday, the rupee has lost considerable ground against the greenback, with qualities cited at 66.70. Quality in US dollar against the wicker bin of real monetary forms is taking a toll on the developing business sector coinage too. The recuperation in US dollar is not amazing, as it has been displaying versatility at lower levels.

Results to look out for incorporate Zee Entertainment, Repco Home, NIIT, SRF and Radico Khaitan among others. The worldwide signals are blended for the present. Japan's Nikkei is higher as is South Korea's Kospi. China's Shanghai Composite is lower. Chinese CPI for April was level at 2.3% while PPI for April fell 3.4% as against 4.3% fall in the previous month. US innovation offers finished humbly higher while the S&P 500 completed level and the Dow industrials shut in the negative domain. The Nasdaq Composite file progressed 14.05 focuses, or 0.3%, to complete at 4,750.21. The S&P 500 list ascended by 1.55 focuses to close at 2,058.69, drove by a 1.1% increase in Health-care stocks. The Dow Jones Industrial Average snuck past 34.72 focuses, or 0.2%, to close at 17,705.91.

Unrefined petroleum prospects climbed overnight, yet turned pointedly bring down midmorning as the probability of a creation solidify from OPEC blurred post the expulsion of Saudi Arabia's Oil Minister, Ali al-Naimi. US exchanged raw petroleum fates fell by US$1.22, or 2.7%, to settle at US$43.44 per barrel. Market opinion was further scratched by the frail profit, with S&P 500 organizations posting their most reduced EPS development rate following the money related emergency.

In the interim, Minneapolis Fed President Neel Kashkari said on Monday that he upheld the current timid position of the Federal Reserve. He additionally said that business sectors give careful consideration to articulations from the US national bank.

Authore - Ways2Capital


Monday 9 May 2016

Live Stock Market Updates – Sensex mobilizes more than 300 focuses; Banking, Realty pick up

The BSE Mid-top Index is exchanging up 0.82% at 11,055, while BSE Small-top Index is exchanging down 0.83% at 10,989. The INDIA VIX is down 1.03% at 16.7725. Out of 1,151 stocks exchanged on the NSE, 317 declined, 1,043 progressed and 317 stayed unaltered today.

At 10:33 AM, the S&P BSE Sensex is exchanging at 25,540 up 311 focuses, while NSE Nifty is exchanging at 7,827 up 94 focuses.

The BSE Mid-top Index is exchanging up 0.82% at 11,055, though BSE Small-top Index is exchanging down 0.83% at 10,989.

NTPC, ITC, HDFC, Tata Motors, Asian Paints, ONGC, Tata Steel and Lupin are among the gainers, though Dr.Reddy's, Sun Pharma, TCS, Wockhardt and Sun Asian are losing sheen on BSE.

Some purchasing action is found in keeping money, realty, FMCG, utilities, capital merchandise, metal, influence, mechanical and auto areas.

The INDIA VIX is down 1.03% at 16.7725. Out of 1,151 stocks exchanged on the NSE, 317 declined, 1,043 progressed and 317 stayed unaltered today.

A sum of 18 stocks enlisted a new 52-week high in exchanges today, while 12 stocks touched another 52-week low on the NSE.

The Indian rupee opened possibly higher by 2 paise at 66.52/$ against US Dollar on Monday as against the past close of 66.54/$. On the worldwide front, US economy included 160,000 employments amid April, much lower than the perusing of 208,000 occupations amid the earlier month.

Hester Biosciences Ltd stock was higher by 13% at Rs.601 after the organization posted its Q4 results. Hester Biosciences Ltd reported a solidified net benefit ascent of 38.2% to Rs.18.8 crore as against Rs.13.6 crore in the same period a year back.

KEC International Ltd stock was higher by 3% at Rs. 129.The organization posted a net benefit after duties, minority intrigue and share of benefit of partners of Rs. 798.50 mn for the Quarter finished March 31, 2016 when contrasted with Rs. 628.90 mn for the Quarter finished March 31, 2015.

Titan Company dropped 2.2% to Rs.356 on BSE. The organization has reported a 14.4% decrease in net benefit to Rs 184.11 crore for the final quarter finished March 31, 2015-16. Tata Group organization said that it will get stake in the Chennai-based online adornments retailer Caratlane.

Natco Pharma increased 1.2% to Rs.462 on BSE. The pharma organization has educated that the Hon'ble High Court of Madras vide its request dated April 28, 2016, authorized the Scheme of Amalgamation of Natco Organics Limited, a Wholly Owned Subsidiary of the Company with Natco Pharma. The stock opened at Rs. 460.60 as against the past close of Rs. 456.75 on BSE. It has hit a high of Rs. 463.15 and a low of Rs. 460.15 on BSE today.

Shares of Alok Industries fell 1.91% and is right now exchanging at Rs. 4.12 on BSE after it was accounted for that some banks drove by SBI will check how the organization has used the credit to the tune of Rs. 20,000 crore given by the banks.

Analytic chain Thyrocare Technologies debted in the bourse with a blast today. Shares of the organization recorded at Rs. 662 a shares as against its issue cost of Rs. 446, mirroring a robust premium of Rs. 216 or 48.43%. The organization raised Rs. 480 crore by means of a first sale of stock (IPO), which was subscribed 73.55 times. At 10:15 am, the stock is presently exchanging at Rs. 611 with exchanging volumes at 8.71 lakh offers.


Tata Steel stock was up by 2% at Rs. 334. The organization may offer its Tata Steel UK's advantages for Excalibur Steel, as per reports. A report expressed that the declaration is normal before the end of June.

Author : Ways2Capital

Saturday 7 May 2016

Rs. 65K cr wiped out from Sensex firms in first week of May

The share trading system indicator, BSE Sensex, declined 1.47% for the week finished May 6, 2016. It had risen 1.04% in April 2016. As of now, the aggregate Mcap of Sensex heavyweights remains at Rs. 42,66,693.87 crore, which is 44.55% of aggregate business sector top of all BSE-recorded firms (Rs. 95,75,595 crore).

In the midst of an evidently debilitating post spending plan rally because of frail abroad signs and repressed corporate profit for Q4 FY16, the Sensex firms have lost Rs. 65,448.20 crore to their business sector capitalization (Mcap) in the principal week of May.

Money markets indicator, BSE Sensex, declined 1.47% for the week finished May 6, 2016. It had risen 1.04% in April 2016. Right now, the aggregate Mcap of Sensex heavyweights remains at Rs. 42,66,693.87 crore, which is 44.55% of aggregate business sector top of all BSE-recorded firms (Rs. 95,75,595 crore).

Firms like RIL, Infosys and TCS have seen their mcap disintegrating regardless of noteworthy Q4 numbers. In spite of a record Q4 execution, the Mukesh Ambani-drove Reliance Industries saw its Mcap falling by Rs. 6,953.91 crore in first exchanging week of the present month. With the aggregate mcap remaining at Rs. 3,11,429.15 crore, RIL is the second biggest firm on BSE as far as Mcap.

In May in this way, add up to 23 Sensex firms saw seen their mcap plunging. Among the failures, ICICI Bank, APSEZ and ONGC have seen their Mcap dissolving by Rs. 10,720.55 crore, Rs. 9,003.22 crore and Rs. 8,213.27 crore separately.

The following is the preview of how Sensex-30 fared regarding market top in the main exchanging week of May 2016.

Author : Ways2Capital








 

Friday 6 May 2016

Main 15 stocks in concentrate today: Bharti Airtel, Wockhardt, Hero MotoCorp

Look at the organizations which will be in center amid exchange today in light of later and most recent news improvements.

Bharti Airtel: The telecom organization said its Netherlands-based backup has consented to a complete arrangement to offer and-leaseback around 950 information transfers towers in the Democratic Republic of Congo to Helios Tower Africa. Gopal Vittal, CEO for India and South Asia, said he expects the Reliance Industries unit to make a "commanding dispatch", however demonstrate "similarity of soundness" in estimating its administrations. 

Saint MotoCorp: Hero MotoCorp reported standalone net benefit of Rs. 814.16 crore for the quarter finished March 31, 2016, enlisting development of 70.85% yoy and 2.31% qoq. 

Wockhardt: Wockhardt Ltd, one of the main medication producers in India, will report its Q4 come about today. IIFL gauges that the organization's net benefit is prone to ascend to Rs. 38 crore at 16.5% yoy and; be that as it may, the same is required to fall 27.5% qoq. 

Yes Bank: Yes Bank has been conceded an on a fundamental level endorsement by Securities and Exchange Board of India (SEBI) for going about as Custodian of Securities. 

MRPL: Mangalore Refinery and Petrochemicals Ltd (MRPL) has begun to close down the refinery's stage III units taking after intense water shortage, reports a business day by day. 

ITC: ITC Ltd has declared that the Supreme Court on May 4, 2016 passed an Order exchanging to the Karnataka High Court all writ petitions pending in different Courts testing the Rules endorsing 85% pictorial notices on bundles of tobacco items. 

Jindal Steel and Power Ltd: JSPL will offer certain steel and mining resources and will extend its energy business portfolio into renewable vitality and transmission and dispersion (T&D), CEO Ravi Uppal has been cited as saying by a business every day. 

Eicher Motors: The organization's solidified income remained at Rs. 3,764.87 crore, up 46.61% yoy and 13.52% qoq. Illustrious Enfield is wanting to contribute Rs. 600 crore, as indicated by reports. 

Aarti Drugs: Aarti Drugs Ltd reported a solidified net benefit of Rs.18.6 crore as against Rs.17 crore in the same period a year ago. 

Raymond Ltd: Raymond Ltd is diminishing its capital consumption from INR 300 crore in FY16 to INR 250 crore in the current financial year, reports a business day by day. 

Emami: The organization's merged income remained at Rs. 670.77 crore, up 21.15% yoy yet down 14.93% qoq. 

Godrej Consumer Products: Godrej Consumer Products has reported that it has finished the obtaining of 75% value stake in Canon Chemicals Limited. 

NMDC Ltd: NMDC Ltd has banded together with Indian Space Research Organization (ISRO) to make utilization of satellite-based land mapping ability for mineral investigation, reports a business day by day. 

Infosys: The legislature has affirmed proposition of Infosys to set up an IT/ITeS unique financial zone in Bengaluru in a territory spread more than 4 hectares, as per reports. 

Indiabulls Housing Finance: Indiabulls Housing Finance has reported that the Company proposes to issue 500 Secured Non-Convertible Redeemable Debentures with a face estimation of Rs. 10 lakh each conglomerating to Rs. 50 Crores in addition to Greenshoe Option, on Private Placement premise. 

Procter &Gamble: Procter and Gamble Hygiene and Health Care Ltd posted a net benefit of Rs. 973.00 mn for the quarter finished March 31, 2016 when contrasted with Rs. 868.90 mn for the quarter finished March 31, 2015. 

Larsen and Toubro: Larsen and Toubro Infotech (L&T Infotech), IT administrations and arrangements organizations and a backup of Larsen and Toubro, marked a multi-year contract with Elkjøp Nordic AS to give end-to-end Infrastructure Management and Datacenter administrations.

Author : Ways2Capital

Thursday 5 May 2016

Live Stock Market Updates - Sensex energizes more than 150 focuses; Realty, FMCG pick up

The BSE Mid-top Index is exchanging up 0.18% at 10,954 though BSE Small-top Index is exchanging up 0.28% at 10,965. Sun Pharma, Tata Motors, HDFC, Lupin, ONGC, SBI, ICICI Bank and Maruti Suzuki are among the gainers, though Adani Ports, Tata Steel, Wipro, M&M, M&M, Asian Paints and TCS are losing sheen on BSE.

The Indian securities exchange bounce back after misfortunes in three continuous session. At 11:35 AM, the S&P BSE Sensex is exchanging at 25,246 up 143 focuses, while NSE Nifty is exchanging at 7,734 up 27 focuses.

The BSE Mid-top Index is exchanging up 0.18% at 10,954 while BSE Small-top Index is exchanging up 0.28% at 10,965.

Sun Pharma, Tata Motors, HDFC, Lupin, ONGC, SBI, ICICI Bank and Maruti Suzuki are among the gainers, while Adani Ports, Tata Steel, Wipro, M&M, M&M, Asian Paints and TCS are losing sheen on BSE.

Some purchasing movement is found in realty, FMCG, power, pharma, auto, capital products, saving money and vitality parts, while telecom, IT, shopper durables and vitality areas are indicating shortcoming on BSE.

The INDIA VIX is down 0.68% at 17.3250. Out of 1,802 stocks exchanged on the NSE, 661 declined, 791 progressed and 350 stayed unaltered today.

An aggregate of six stocks enlisted a crisp 52-week high in exchanges today, while 17 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 4 paise at 66.59/$ against US Dollar on Thursday as against the past close of 66.55/$. On Wednesday, Indian rupee was under weight, weighed by the shortcoming in residential values. Additionally, the recuperation in the greenback against the wicker bin of significant coinage drove a falling impact on the developing business sector monetary standards. The late shortcoming in US dollar has been basically activated by the surge in Japanese Yen. In this regard, a more grounded Yen is not maintainable considering the miserable monetary scene in Japan.

IL&FS Transportation Networks increased 1.5% to Rs.75.50 on BSE. The organization has stowed a request worth Rs.530 crore.

Ricoh India hit 5% lower circuit to Rs.271.90 on BSE. According to media reports, the BSE has suspended exchanging the organization's stock from May 26. As of late, its stock was moved to "Z" class and its top deck were requested that leave without pay.

V-Guard Industries was higher by 13% at Rs. 1116. The organization reported standalone net benefit of Rs. 41.97 crore for the quarter finished March 31, 2016, enlisting development of 109.1% yoy and 95.36% qoq.

Sun Pharma stock was up by 2% at Rs. 819. Sun Pharma declared that two significant Phase-3 clinical trials assessing the viability and security of the investigational IL-23p19 inhibitor immunizer tildrakizumab (MK-3222) in patients with moderate-to-extreme plaque psoriasis met their essential endpoints for both assessed measurements.

Advanced Dairies hit 20% upper circuit to Rs.7.50 on BSE. The stock had tumbled to a 52-week low on Wednesday.

Arrange Cement Ltd stock was up by 2% at Rs. 148.The organization's standalone income remained at Rs. 449.29 crore, up 13.94% yoy and 27.03% qoq.

Authore : Ways2Capital

Wednesday 4 May 2016

Day by day Market Strategy - Weak Wednesday at begin; Sensex, Nifty could recuperate later

The viewpoint is a feeble begin. The records may take a gander at bobbing back as the shortcoming has drawn out for a couple days now. Worldwide signals are curbed. Asian markets are for the most part feeble. The business sector will anticipate information on Nikkei Services And Composite PMI.

Every day Market Strategy - Feedback, similar to rain, ought to be sufficiently tender to feed a man's development without annihilating his roots. - Frank A. Clark

It has quit drizzling additions for some days now and financial specialists appear to depend on a decent storm for a recuperation in the city. Discussing banks, the photo is not all that sound. The administration said that PSU banks introduction to main 50 defaulters is around Rs. 1.22 trillion while wilful defaults stand at Rs. 662 bn. On the brilliant side, IMF said India's development standpoint is ideal, with GDP development anticipated to reinforce to 7.5 for every penny in the current monetary year, even without major basic changes. China and Japan are required to further stoppage forcefully throughout the following two years. However, it is essential to execute significant changes like GST on a need, an IMF representative said.

The viewpoint is a powerless begin. The lists may take a gander at skipping back as the shortcoming has drawn out for a couple days now. Worldwide prompts are repressed. Asian markets are for the most part powerless. The business sector will anticipate information on Nikkei Services and Composite PMI. The rupee could remain lower for most part of the day. US stock records finished lower on Tuesday, with the innovation, vitality and keeping money offers driving the fall, as weaker-than-anticipated Chinese assembling information resuscitated stresses over worldwide development. European stocks drooped, while ware costs and additionally product monetary standards declined taking after an amazement loan fee cut by the Australian national bank.

Among different stocks to watch - JSW Energy Ltd: Sajjan Jindal-drove JSW Energy Ltd has said that it will obtain 100% of Jindal Steel and Power Ltd's (JSPL) 1,000 megawatt (MW) warm power plant in Chhattisgarh at an undertaking estimation of INR 4,000 crore, reports a business day by day.

Jindal Steel and Power: Jindal Steel and Power will report its Q4 numbers today. IIFL gauges that the organization's misfortune is relied upon to extend to Rs. 507 crore, at a rate of 2.4% yoy and 11.6% qoq.

Adani Power: The organization's united income remained at Rs. 7,344.39 crore, up 57.35% yoy and 18.63% qoq.

Dependence Industries Ltd: Reliance Industries Ltd (RIL) is thinking about whether to pull back a pending intervention with the Government on the gas value issue to profit by higher gas costs, reports a business day by day. The organization's top administration is said to investigate two separate perspectives on whether to drop the mediation to pick up from the close multiplying of gas costs or continue with the two-year-old case, says the money related daily paper.

Hexaware Technologies: Hexaware Technologies will declare its Q4 numbers today. IIFL gauges that the organization's net benefit is liable to take off to Rs. 104 crore, at a rate of 24.8% yoy and 4.7% qoq.

Adani Ports and Special Economic Zone: Adani Ports and Special Economic Zone, nation's biggest private multi-port administrator, reported solidified net benefit of Rs. 914.06 crore for the quarter finished March 31, 2016, enlisting development of 38.34% yoy and 41.72% qoq.

Bajaj Auto: Bajaj Auto a month ago recovered the position of third-greatest bike organization in volume terms, dislodging Chennai-based TVS Motor, reports a business day by day.

Authore : Ways2Capital

Tuesday 3 May 2016

Live Stock Market Updates - Sensex energizes more than 250 focuses; Nifty above 7,850 level

Some purchasing movement is found in telecom, capital merchandise, power, auto, mechanical and keeping money divisions. Out of 1,782 stocks exchanged on the NSE, 322 declined, 1,080 progressed and 370 stayed unaltered today.

At 9:39 AM, the S&P BSE Sensex is exchanging at 25,629 up 192 focuses, while NSE Nifty is exchanging at 7,863 up 58 focuses.

The BSE Mid-top Index is exchanging up 0.61% at 11,232, though BSE Small-top Index is exchanging up 0.73% at 11,145.

Adani Ports, Tata Motors, L&T, HDFC, Bharti Airtel, NTPC, Hero MotoCorp and Cipla are among the gainers, though Sun Pharma, Coal India, Wipro, TCS and Dabur and Raymond are losing sheen on BSE.

Some purchasing action is found in telecom, capital merchandise, power, auto, mechanical and managing an account divisions, while keeping money, IT, capital products, realty, telecom, utilities and auto segments are demonstrating shortcoming on BSE.

The INDIA VIX is up 2.34% at 16.6925. Out of 1,782 stocks exchanged on the NSE, 322 declined, 1,080 progressed and 370 stayed unaltered today.

A sum of 14 stocks enrolled a new 52-week high in exchanges today, while nine stocks touched another 52-week low on the NSE.

The Indian rupee wiped off its yesterday misfortunes and opened higher by 9 paise at 66.35/$ against US Dollar on Tuesday as against the past close of 66.44/$. On macroeconomic side, India's eight center segments (base yield) amid March enlisted development of 6.4%, a 16‐month high. The extension is ascribed to ascend in yield of refinery items, composts and concrete. In any case, base yield for the whole financial year 2015‐16 developed at 2.7%, a five year low. Relatively, the center divisions amid the past monetary year (FY2104‐15) developed at 4.5%.

Asian stock market​s​ ​are ​trading on a blended note in spite of frustrating information from China, with banks driving Australia's shares higher. Japan is shut for the day.

The Caixin General China Manufacturing Purchasing Managers' Index (PMI), a marker of assembling action, edged down to 49.4 in April. China's Shanghai Composite is at present exchanging 1.62% higher at 2,986.25 focuses.

South Korea's Kospi file ​is ​at 1,986.17 focuses (up 0.40%) and Indonesia's Jakarta Composite ​is ​at 4,821.99 focuses (up 0.29%)
On the losing front, Taiwan's Taiex at 8,300.78 focuses (down 0.93%), Singapore's Straits Times at 2,818.07 focuses (down 0.73%), Hong Kong's Hang Seng at 20,813.65 focuses (down 1.22%), Thailand's SET Composite at 1,402.91 focuses (down 0.12), and Singapore Nifty at 7,830 focuses (down 0.11).

Authore : Ways2Capital

Monday 2 May 2016

Live Stock Market Updates – Nifty floats around 7,800-mark

The BSE Mid-top Index is exchanging up 0.69% at 11,035, though BSE Small-top Index is exchanging down 0.04% at 11,016. The INDIA VIX is up 5.09% at 17.3800. Out of 1,808 stocks exchanged on the NSE, 793 declined, 656 progressed and 359 stayed unaltered today.

At 10:39 AM, the S&P BSE Sensex is exchanging at 25,429 down 177 focuses, while NSE Nifty is exchanging at 7,801 down 48 focuses.
The BSE Mid-top Index is exchanging up 0.69% at 11,035, while BSE Small-top Index is exchanging down 0.04% at 11,016.

Lupin, Axis Bank, RIL and ONGC are among the gainers, while ICICI Bank, Dr.Reddy's, NTPC, Wipro and Adani Ports are losing sheen on BSE.

Some purchasing movement is found in oil and gas, purchaser durables, metal and fundamental materials areas, while saving money, capital merchandise, realty, telecom, IT and auto parts are indicating shortcoming on BSE.

The INDIA VIX is up 5.09% at 17.3800. Out of 1,808 stocks exchanged on the NSE, 793 declined, 656 progressed and 359 stayed unaltered today.

An aggregate of 28 stocks enlisted a new 52-week high in exchanges today, while 16 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 8 paise at 66.41/$ against US Dollar on Monday as against the past close of 66.33/$. The neighborhood unit had hit a high of 66.72 and a low of 66.74.

Astra Micro Products Ltd picked up 2% to Rs.126 on BSE. The organization reported its net benefit for the quarter was at Rs. 19.1 crore. The aggregate pay remained at Rs. 124.4 crore as against Rs. 108.3 crore on yoy premise.

Shriram Transport Finance Company took off 7.3% to Rs.1,014.10. The organization reported standalone net benefit of Rs.143.90 crore for the quarter finished March 31, 2016, enlisting decrease of 54.57% yoy and 61.63% qoq.



Authore : Ways2Capital