Thursday Evening Market Update By Money Maker Research

Indian Stock Market paced up and recovered from all the losses had during the Brexit issue. Indian currency Rupee strengthened by 16 paise at 67.52 against Dollar. Sensex closed at 26999 with a hike of 259 points and Nifty closed at 8287 with the hike of 83 points. All the major Indian sectors traded in the positive zone where BSE Small Cap lead by 109 points, BSE Mid-Cap leads by 145 points and Nifty MidCap 100 hike 145 points to 11717. In Commodity Market, MCX Gold drop down 135 points to 31,180 while Silver hike 48 points to 43,250. Natural Gas and Crude Oil traded positive with minor hikes. All the Global indexes traded positive except China's index Shanghai Composite. On the whole, 1598 share advanced, 1016 shares declined and 218 shares remained unchanged. 

Top Gainers:BHEL, Grasim, Dr. Reddys Labs, Yes Bank, Axis Bank  
Top Losers:Sun Pharma, Infosys, Ambuja, Cipla, Bosch

Thursday Evening Updates by Money Maker Research

Bullish market dominated over the bear market after struggling since morning and finally the market closed green. Indian currency Rupee closed at 67.24 against Dollar. Sensex ended up at 27002 gaining 236 points and Nifty gained 66 points at 8270. Asian Market traded mixed today. Nikkei being at the top traded 172 points up at 16238, Hang Seng hike 73 points at 20868 and Shanghai Composite dropped 13 points to 2892 points. On the whole 1101 shares advanced, 1492 shares declined and 181 shares remained unchanged. Except Bse small cap sector, all the sectors traded positive. 

Top market movers of NSE for today are Yes Bank, Tata Motors, Ambuja Cements, Dr Reddys Labs and SBI and that of BSE are Tata Motors, Dr Reddys Labs, SBI, Axis Bank, Sun Pharma. Top losers of NSE for Today are Bharti Infratel, NTPC, Tata Power, Cipla and TCS. Top losers of BSE are Bharti Infratel, NTPC, Tata Power, Cipla and TCS.

Market Updates This Week

Market yesterday ended up green. Sensex made a century gain on 100 points and closed at 26625 while nifty gain 29 points and closed at 8170 points. Rupee closed at 67.08 against Dollar. All the Asian Market indexes closed green on Friday. Top gainers for last trading session include Bharti Airtel, Tata Motors, Coal India, TCS and HDFC. In commodity market, Mcx Gold lost Rs 5 to Rs 30,602 and Silver dropped 322 to Rs 41,362. Crude Oil closed at Rs 3,190.

Market Pace Up, Sensex Nifty Surged Points

Market did a great come back after four days. Sensex surged 330 points, reached 26726 points and Nifty hike 97 points to 8206. All the sectors traded high on Wednesday's trade. Top gainers for today are SBI, NTPC, Larsen, Bharti Airtel and Maruti Suzuki. Out of total stocks, 1666 share advanced, 954 declined and 171 remain unchanged. Indian currency, Rupee closed at 67.15 per dollar In Asian market, Nikkei drifted up 60 points to 15919, Hang Seng hike 79 points to 2774 points and Shanghai Composite drifted 44 points up to 2886 points. Having a sight in commodity market, MCX Gold closed at 30,366 dropped 192 rupees while Silver dropped 84 rupees to Rs 41,435 per kg. Crude oil had a decrement of 32 rupees to 3,225 rupees and Natural Gas traded at Rs 175.

Evening Market Updates By Money Maker Research

On the first trading day of the week, market continued to follow the bearish behavior same as of the last week. Today Sensex dropped 238 points or 0.90 percent to 26396 while Nifty dropped 59 points or 0.73 percent and slipped to the level of 8110. All the sectors traded negative today, except the Healthcare Sector. However companies like BPCL, Zee Entertainment, Lupin, Bharti Infratel, Ambuja Cements traded high and maintained the position of top gainers in the list of NSE followed by the companies like Dr Reddys Lab, Lupin, Maruti Suzuki, Sun Pharma, Adani Ports in the list of BSE. Top losers include ICICI Bank, BHEL, Tata Motors, Idea Cellular, Tata Steel and Bharti Airtel. Rupee closed trading at 67.13 a Dollar. All the indexes in the Asian Market traded negative. Highest drop down was seen in the Japan's index Nikkei which surged by 582 points to 16019 while Shanghai Composite fell 94 points to 2832 points. Reasons behind the downhill market can be CPI inflation which was mentioned by RBI also and second reason can be worse IIP than expected.

Thursday Evening Market Closing Updates

Market Status made a sinking graph today. Infosys being the top loser brought the market all the way down. Infosys shares declined 4.25 percent. BSE Sensex ended at 26,763 sliping 257 points or 0.95 percent which is the biggest single-day fall within three weeks while NSE Nifty closed at 8,203 dropped 69 points. Market being bearish, there were market gainers too which made the market stable are ONGC, Coal India, Reliance, NTPC, BPCL and Cipla. Top losers other than infosys are Hero motocorp, Ambuja Cements, Aurobindp Pharms, ITC, HUL and Dr. Reddy's Lab. Asian Market traded negative as well. Nikkei, the top loser ended at 16,668 points (-162), China's Shanghai Composite dropped 9 points to 2926, Hong-Kong's Hang Seng slump 30 points to 21,297. Indian currency, Rupee closed at 66.76 against US Dollar.

In comparison to stock market, Commodity market traded high. Gold increased by 66 to Rs 29,695 per ten grams while Silver prices incremented by 179 to Rs 40,433 per kg. Natural Gas ended at Rs 164. Crude oil dropped just Rs 7 to Rs 3,389.

Stock Updates and Recommendations by Experts- Money Maker Research

Market today opened in green, Sensex surged over 75 points and Nifty moved above 20 points. Sensex live at 26,874 or +0.36% up and Nifty live at 8,231 points or +0.38% up. Market looking ahead for the Reserve Bank of India policy review due later today. The rally in the indexes was due to gains in ICICI Bank, TCS, ITC, HDFC and SBI. The Rupee appreciated 5 paise to 66.91 against US Dollar. Gold Prices gained Rs 63 to Rs 29,450 while Silver too gained 63 to Rs 39,142 per kg. Crude Oil price incremented by 52 to Rs 3,305 per barrel and Natural Gas prices with a little change staying on Rs 163. According to experts Stocks to take under consideration today are:

Railways has taken a crucial step towards the environment that is to build bio-toilets in every coach in Trains and this could benefit the Stone India and its stocks.

• Buy Stone India Ltd above: 76.56 Targets: 78.72-80.95-83.22 Stoploss: 74.39

Share holders of Jindal Steel have asked for Jindal Power to grant permission to sell the plant of 920 Mw captive power 

• Sell Jindal Steel below:60.06 Targets: 8.16-56.27-54.41 Stoploss: 62.01

 After one month on 5th of June Mangalore Chemicals has started the production of Urea, it was stopped due to scarcity of water.

• Buy Mangalore Chemicals above 49 Targets: 50.74-52.53-54.36 Stoploss: 47.26

 

Morning Session Market Updates by Money Maker Research Pvt. Ltd.

Market today started with a low node. Sensex weighted down by losses in Asian Paints, ITC and Bharti Airtel. Sensex is down by 37 points to 26,675. Nifty50 is trading flat went down 14.85 to 8,165 points by the losses in banking, IT, pharma, auto and FMCG stocks. On todays trading session Rupee opened with strength of 3 paise to 67.42 against Dollar while on Wednesday it closed with slump of 19 paise at Rs 67.45 per Dollar amids unconfirmed reports says RBI Governor Raghuram Rajan might not be interested in second term and thinking about it. Declination found in sectors Consumer Durables, FMCG, Healthcare, Capital goods and Small-cap while all other sectors are trading positive. In Asian market, Nikkei joining the list loser with a drop of 292 to 16663 points. Hang Seng is on top trading at 20,795 points. Coal India is a top  gainer yet and ITC trading low becoming the top loser.

Gold rallied with the support of good buying at Rs 28,665 per 10 grams while Silver trading at Rs 38,520 per kg. Crude oil declined by Rs 4 to 3,304 while Natural gas incremented by a tiny amount of 50 paise to Rs 161.

RBI Governor Raghuram Rajan

Read more at: http://www.moneycontrol.com/news/rupee/rupee-falls-sharply-for-3rd-day-to-6745dollar_6797801.html?utm_source=ref_artic

RBI Governor Raghuram Rajan

Read more at: http://www.moneycontrol.com/news/rupee/rupee-falls-sharply-for-3rd-day-to-6745dollar_6797801.html?utm_source=ref_article

RBI Governor Raghuram Rajan

Read more at: http://www.moneycontrol.com/news/rupee/rupee-falls-sharply-for-3rd-day-to-6745dollar_6797801.html?utm_source=ref_article