Sensex, Nifty trade higher; Jaiprakash Associates, RCom slip

-
After a positive start, key benchmark indices traded with gains in the morning trade. Today's gains were led by realty, metal, PSU Bank and FMCG.

At 11:41 AM, the BSE Sensex was trading at 34,447, up 94 points, while the broader Nifty50 was ruling at 10,635, up 11 points.

Among BSE sectoral indices, realty index gained the most by 1.67%, followed by PSU Bank 0.56%, consumer durables 0.53% and metal 0.48%. On the other hand, IT Index was down 0.2%, Teck 0.15%, healthcare 0.08% and capital goods 0.01%.

Auto stocks nudged higher. Ashok Leyland (+2.1%), Escorts (+1.8%), TVS Motor Company (+1.47%), Mahindra & Mahindra (+0.26%), Maruti Suzuki India (+0.06%) and Hero MotoCorp (+ 0.03%) edged higher.

Coal India soared over 6% after its board approved a hike in the prices of non-coking coal for power and non-power sectors with immediate effect.

Tata Motors was up 1.8% after the company's subsidiary JLR, reported a 0.6% growth in retail sales to 55,697 vehicles in December 2017 over December 2016.

Sutlej Textiles & Industries surged 5% after the company said its board approved the setting up of a green fibre project to manufacture polyester staple fibre by recycling of pet bottles at Samba, Jammu and Kashmir.

Aarti Drugs jumped 5% after the company fixed January 19, 2018 as record date for buyback of upto 2.75 lakh shares, representing up to 1.15% stake, at Rs875 per share.

The BSE Mid-cap and BSE Small-cap indices were up 0.37% and 0.11%, respectively.

Volatility index India VIX gained 1.49%.

Coal India (+6.1%), Tata Motors (+1.9%), Reliance Ind (+1.4%), ITC (+1.3%) and Yes Bank (+1.2%) were the top gainers on Nifty50.

Zee (-1.6%), Eicher (-1.5%), HCL Tech (-1.4%), Hindalco (-1.3%) and HPCL (-1.2%) were the top losers in today’s trade.

Out of 2,005 stocks traded on the NSE, 866 advanced, 786 declined and 353 remained unchanged today.

A total of 129 stocks registered a fresh 52-week high in trade today, while four stocks touched a new 52-week low on the NSE.



Comments

Post a Comment

Popular posts from this blog

Top intraday trading ideas for afternoon trade for Monday 31 December 2018

-
Image
Top intraday trading ideas for afternoon trade for Monday 31 December 2018  NEW DELHI:    Equity benchmarks Sensex and Nifty50 were trading higher on Monday on account of buying in frontline bluechip counters. Markets collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade: Manas Jaiswal of manasjaiswal.com Tata Steel is a 'Buy' call with a target price of Rs 540 and a stop loss of Rs 514. Shriram Transport NSE 2.17 % is a 'Buy' call with a target price of Rs 1300 and a stop loss of Rs 1230. NSE LIVE 11:49 | 31-12-2018 Dr. Reddy's Lab is a 'Buy' call with a target price of Rs 2720 and a stop loss of Rs 2630. Kunal Bothra independent market expert Dr. Reddy's Lab is a 'Buy' call with a target price of Rs 2750 and a stop loss of Rs 2600. Chennai Petroleum is a 'Buy' call with a target price of Rs 306 and a stop los...
Read more

WELCOME TO SMART MONEY FINANCIAL SERVICES

-
Image
               WELCOME TO SMART MONEY FS               WE CREATE THE OPPORTUNITY   "Smart Money Financial Service" is an Investment Advisory having a team consists of highly qualified analysts who are skilled and impeccable in their analysis. These analysts, using their experience and the latest software tools, are able to predict the movements in share market on time and with high accuracy. Please click here for Advisory Ranking: As a result, using our tips, our clients gain the most out of the share market. We provide recommendations for Stocks – Cash and F & O trad. 1. VISION GrowthPress focuses on conducting in-depth research on your customers, your competitors, and your search engine landscape. Using this, we create the right SEO strategy that helps. 2. MISSION You achieve your goals. Search engines are constantly evolving to reflect the complex human behavior. Thus, ...
Read more

F&O: Put writing at all immediate strikes shows Nifty may hold up

-
Image
F&O: Put writing at all immediate strikes shows Nifty may hold up  The Nifty50 index opened in the negative but managed to recover sharply from lower levels and headed towards the 10,750 level on Wednesday. It formed a Piercing Line pattern on the daily scale, as it recovered its losses of the last session by more than a half. It has been making lower lows from last four sessions and holds above the 10,750-10,777 zone can negate the same to extend its recent bounce towards 10,850 and then 10,929 levels.  Nifty has reclaimed its 50-day EMA while on the downside it has support at 10,650 and then 10,600 levels.  On the options front, maximum Put OI was at 10,000 followed by 10,500 and 10,700 levels, while maximum Call OI was at 11,000 followed by 10,900 level. Meaningful Put writing was seen at all the immediate strike prices from 10,650 to 10,500 level, which suggests support is intact while Call unwinding was seen at most strike prices till 11,000 level. The...
Read more