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Sensex closed up by 160 points at 62,570 and Nifty closed up by 48 points at 18,609. Bank Nifty gave breakout and made a...
08/12/2022

Sensex closed up by 160 points at 62,570 and Nifty closed up by 48 points at 18,609. Bank Nifty gave breakout and made all-time high today.

PSU Bank closed up by 3.8%- Punjab and Sind Bank closed up by 9.9%; Central Bank of India closed up by 12%, Bank Nifty closed up by 1.16%- Axis Bank closed up by 2.7%.

Pharma, Energy, Realty and IT sectors closed in red.

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Last hour of buying brought the market to close in green near day's high!!Sensex closed at 53,760 up by 344 points and N...
15/07/2022

Last hour of buying brought the market to close in green near day's high!!

Sensex closed at 53,760 up by 344 points and Nifty at 16,049 up by 110 points.

Leadership for today is taken by Auto sector which closed up by 2%, FMCG sector closed up by 1.47%, Metal sector closed down by 0.81%.

TVS Motor closed up by 4.2%, Tata Consumer closed up by 3%, Hindustan Unilever closed up by 2.8%, L&T Infotech closed up by 2.6%, Latent View closed up by 4.5%, HCL Tech closes down by 2.2%, Jindal Steel and Power Ltd., closed down by 4.3%.

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Markets closed in red amidst volatility as Rupee ended record low against dollar.Sensex closed at 53,416 down by 98 poin...
14/07/2022

Markets closed in red amidst volatility as Rupee ended record low against dollar.

Sensex closed at 53,416 down by 98 points and Nifty at 15,939 down by 28 points.

Energy, Pharma and Auto sector closed marginally in green whereas PSU Bank dragged the market down by 2.21%, IT sector down by 1.58%, Bank sector down by 0.5%.

Adani Transmission Ltd., closed up by 5.8%, ONGC up by 2%, Reliance up by 0.8%; Sun pharma closed up by 2.3%.

After the news of palm oil hitting lowest level since June 2021, some FMCG companies gained a bit- Britannia closed up by 1.29%.

Midcap IT companies like Mindtree closed down by 3.93%, L&T infotech Ltd., closed down by 3.53%, Latentview closed down by 3.24%.

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US inflation comes hot!!CPI June inflation is at 9.1% vs Estimated of 8.8%. US inflation is at 41 yr., high.US markets h...
13/07/2022

US inflation comes hot!!

CPI June inflation is at 9.1% vs Estimated of 8.8%. US inflation is at 41 yr., high.

US markets have opened down sharply. Let's see how Indian share market will react to it tomorrow.

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Markets closed at day's low as global currencies weakened against dollar.Sensex closed at 53,886 down by 508 points and ...
12/07/2022

Markets closed at day's low as global currencies weakened against dollar.

Sensex closed at 53,886 down by 508 points and Nifty at 16,058 down by 157 points.

Metal sector declined by 1.22% after Govt., denied report on reducing steel export duty; Energy sector and Realty sector closed up marginally.

Adani Green Energy Ltd., closed up by 3.96%; Brigade Enterprises Ltd., closed up by 3%; Welcorp closed down by 3.71%; Bharat Forge Ltd., closed down by 3.37%.

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Sensex closed down by 86 points at 54,395 and Nifty closed at 16,216 down by 4 points.Sectorwise,  Energy sector closed ...
11/07/2022

Sensex closed down by 86 points at 54,395 and Nifty closed at 16,216 down by 4 points.

Sectorwise, Energy sector closed up by 2.7%; Metal sector rallied after the news Govt. considering a relook on export duty on steel products; PSU Bank closed up by 1.88%; Realty sector closed up by 1.47%; IT sector closed down by 3% after TCS announcing it's quarterly results on Friday.

Adani Green Energy Ltd., closed up by 15%; Tata Steel closed up by 3%; Indian Bank closed up by 4.9%; Indiabulls Real Est Ltd., closed up by 4.33%; TCS closed down by 4.64%.

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Markets closed near day's high!! Sensex at 54,481 up by 303 points and Nifty above 16,200 at 16,220 up by 87 points.Exce...
08/07/2022

Markets closed near day's high!! Sensex at 54,481 up by 303 points and Nifty above 16,200 at 16,220 up by 87 points.

Except Metal and Realty sector, all other sectors closed in green with Energy sector up by 1%.

Sobha Ltd., closed up by 5% today - The share has gained 15% in past two days; Latentview closed up by 3.6%; Adani Transmission Ltd., closed up by 3.24%, ICICI Bank closed up by 1.8%.

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Markets rallied lead by Metal stocks.Sensex closed at 54,178 up by 427 pointe and Nifty above 16,100 at 16,132 up by 143...
07/07/2022

Markets rallied lead by Metal stocks.

Sensex closed at 54,178 up by 427 pointe and Nifty above 16,100 at 16,132 up by 143 points.

Star Health closed up by 11.74%, Sobha Ltd., closed up by 9.83%, CEAT Ltd., closed up by 9.53%, Canara Bank closed up by 8.2%.

In the Metal sector, Hindalco and Vedanta Ltd., closed up by 6%.

FMCG sector and Energy sector consolidated a bit today. FMCG sector had a good run recent days!!

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Nifty is trading above 16,000 mark at 16,091and Sensex is trading at 54,067. Overall a good day for Indian share market!...
07/07/2022

Nifty is trading above 16,000 mark at 16,091and Sensex is trading at 54,067. Overall a good day for Indian share market!!

Sectorwise, all the sectors are in green. Realty, FMCG, PSU Bank are leading the morning session today.

Titan went up by 8% at one point after the Q1 jewellery division revenue went up by 207%; Sobha Developers is trading up by 6%; Canara Bank is up by 6%; Bank of Baroda is up by 4.7%; Latent View is up by 3.06%.

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FMCG sector ended as the top Nifty gainers up by 2.64% followed by Auto sector and Realty sector.Sensex closed at 53,750...
06/07/2022

FMCG sector ended as the top Nifty gainers up by 2.64% followed by Auto sector and Realty sector.

Sensex closed at 53,750 up by 616 points and Nifty at 15,989 up by 179 points.

Great rally for FMCG stocks- EMAMI Ltd.,closed up by 6.16%, Godrej Consumer Products closed up by 5%, Britannia up by 4.75%, Hindustan Unilever up by 4%.

Overall, the buying of shares - positive trend has returned after a long time.

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Markets plunged at last hours of trade as rupee hits record low against dollar.Sensex closed down by 100 points at 53,13...
05/07/2022

Markets plunged at last hours of trade as rupee hits record low against dollar.

Sensex closed down by 100 points at 53,134 and Nifty down by 24 points at 15,810.

Market breadth of advances vs deckines closed at 1:1

Except Energy, Metal and Pharma sectors, all the other sectors closed in red.

Sobha Developers closed up by 6.7%, Astrazeneca Pharma Ind Ltd., closed up by 8.2%, RBL Bank closed down by 6.9%, OIL closed down by 5.48%.

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Nifty hits 16,000 mark since June 10. And the bulls are back on Rakesh Jhunjhunwala's birthday๐ŸŽ‰To check all the share ma...
05/07/2022

Nifty hits 16,000 mark since June 10. And the bulls are back on Rakesh Jhunjhunwala's birthday๐ŸŽ‰

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