Tuesday, June 30, 2015

Srei Infra Surges on Rs 200 Crore NCD Issue


Sharemasterindia.com: Srei Infrastructure Finance shares rose over 4 per cent to hit an intraday high of Rs 35.75 on Tuesday, following the company's plans to raise Rs 200 crore via non-convertible debentures (NCDs) in its efforts to reduce finance costs.

NCD is a debt instrument that cannot be converted into share or equity.

Mortgage finance company Srei Infrastructure informed in a filing to the BSE on Tuesday the NCD issue will consist of 20 lakh secured, redeemable NCDs of face value of Rs 1,000 each.

Live: Sensex Jumps Over 150 Points, Nifty Above 8,350 in Late Trades

Sharemasterindia.com 3:30 p.m.: The Sensex provisionally closed 136 points higher at 27,781 and the Nifty jumped 52 points to provisionally settle at 8,370.

3:25 p.m.: The European markets were trading with a negative bias. Gemany's DAX was down 0.3 per cent, French CAC 40 Index slipped 0.2 per cent and Britain's FTSE 100 fell 0.6 per cent.

3:23 p.m.: Idea Cellular, Coal India, Zee Entertainment, Lupin, Sun Pharma, Tata Steel, HUL, ACC, Kotak Mahindra Bank, ITC, IndusInd Bank and Bharti Airtel were among the top gainers on the Nifty.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
ZEEL
IDEA
TATASTEEL
COALINDIA
ULTRACEMCO
369.40
176.25
306.30
420.70
2,996.05
3.72
3.59
3.37
3.19
3.14
30,53,706
41,63,765
30,60,545
92,38,300
4,11,440
Losers
SymbolLTP % chng Volume
TCS
TECHM
WIPRO
GAIL
ICICIBANK
2,555.00
476.70
545.25
392.50
308.00
-1.46
-1.38
-1.29
-1.17
-1.03
7,74,422
1,23,68,141
15,70,043
11,38,640
1,37,46,146

Do visit for: NSE Top Gainers & Losers


Sun Pharma Gains 3% on Reports of Drug Price Hike



Sharemasterindia.com: Sun Pharmaceuticals shares gained as much as 3 per cent to an intraday high of Rs 874 on Tuesday after reports suggest that the company hiked prices of some of Ranbaxy's drugs in the US market.
 
As per the Intercontinental Marketing Services (IMS) data, Sun Pharma hiked prices of six Ranbaxy branded drugs in the US market in the month of May.

Live: Sensex Trades in Narrow Range; IT Stocks Fall, FMCG Counters Gain

 Sharemasterindia.com 11:36 a.m.: Shares of Kansai Nerolac Paints and Brigade Enterprises gained as much as 8 per cent and 18 per cent each respectively after both the companies struck a land deal.

11:30 a.m.: IT stocks were among the worst hit in trades so far. The CNX IT index slipped 0.7 per cent; TCS, Cyient, Tech Mahindra, Wipro, HCL Technologies and Infosys were among the top losers.

11:00 a.m.: The markets were trading in a narrow range in the late morning deals. The Sensex moved in a range of 192 points and the Nifty touched intraday high of 8,356.45 and low of 8,298.95.

Kansai Nerolac Paints, Brigade Enterprises Surge on Land Deal


Sharemasterindia.com: Shares of Kansai Nerolac Paints and Brigade Enterprises gained as much as 8 per cent and 18 per cent each respectively after both the companies struck a land deal.
 
Under the land deal, Kansai Nerolac Paints will sell its land measuring 15.86 acres in Perungudi, Chennai to Brigade Properties (formed by Brigade group and GIC Singapore) for a sum of Rs 550 crores.


Asian Shares Tentative, Euro Sags as Greece Set to Default Today


Tokyo(Sharemasterindia.com): Asian shares edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a looming debt payment, raising the likelihood of the cash-strapped nation's exit from the euro zone.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 per cent, while Japan's Nikkei stock index added 0.2 per cent.

"All in all many in the market had already factored in the likelihood of Greece defaulting. But there is no guarantee the stability will last. What is worrying is the volatility in the risk asset markets, which could impact currencies," said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo.

Live: Sensex Flat in Morning Deals; Coal India, HUL Among Top Gainers


Sharemasterindia.com 9:17 a.m.: The Indian markets have opened on a flat note; the Sensex was up 90 points at 27,735 and Nifty jumped 28 points to 8,346.

Buying was seen in FMCG, capital goods, realty, metal and select banking stocks.

From the Nifty-50 basket of stocks, 42 stocks were advancing while 8 were declining.

Sure Shot Hot Stock Intraday Tips (Dated: 30-06-2015)

Sure Shot Hot Stock Intraday Tips (Dated: 30-06-2015)

VGUARD @ 890.35
BUY VGUARD ABOVE 890.35 WITH STRICT STOPLOSS BELOW 879 FOR INTRADAY TARGETS 901/906 


Monday, June 29, 2015

Nifty Gainers/ Losers

Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
HINDUNILVR
PNB
BPCL
LT
ITC
904.75
137.80
871.50
1,794.45
309.40
1.89
1.40
1.10
0.77
0.47
12,15,731
57,55,137
16,62,787
20,68,573
62,33,420
 
Losers
SymbolLTP % chng Volume
TECHM
HINDALCO
HCLTECH
SUNPHARMA
SBIN
482.15
112.90
929.00
850.05
260.30
-7.60
-3.50
-2.95
-1.98
-1.85
1,14,60,421
64,36,546
11,67,252
17,94,226
1,50,28,201

Do visit for: NSE Top Gainers & Losers


L&T Secures New Orders Worth Rs 2,035 Crore

 New Delhi(Sharemasterindia.com): Engineering and construction major Larsen & Toubro (L&T) on Monday said it has received orders worth Rs 2,035 crore across various business verticals.

"The construction arm of L&T won orders worth Rs 2,035 crore across various business segments in June 2015," the construction major said in a statement.

Motherson Sumi, Bharat Forge, Tata Motors Plunge on Greece Worries


Sharemasterindia.com: Shares of companies having significant revenue exposure to the eurozone fell sharply on Monday as chances of Greece exiting the Euro zone increases with Greece set to default on its debt payment.

Tata Motors and other auto ancillary companies like Motherson Sumi Systems and Bharat Forge fell 3-8 per cent each.

The Greece exit will lead to further depreciation in the value of Euro.

Sensex Plunges Over 500 points as Greece Crisis Rocks Global Markets: 10 Developments


Sharemasterindia.com: BSE Sensex fell sharply on Monday as the deepening Greece crisis rocked global stock and currency markets. With Greece set to default on its debt repayment, the European country has shut banks and stock markets temporarily to prevent its financial institutions from collapsing. This has raised the prospect of Greece becoming the first country to leave the currency bloc (euro) after a default.

Sure Shot Hot Stock Intraday Tips (Dated: 29-06-2015)

Sure Shot Hot Stock Intraday Tips (Dated: 29-06-2015)


ADVANTA @ 446.30
BUY ADVANTA ABOVE 446.30 WITH STRICT STOPLOSS BELOW 439 FOR INTRADAY TARGETS 451/456 

Thursday, June 25, 2015

PM Modi Launches Smart Cities, Housing For All: 10 Facts


Sharemasterindia.com: Prime Minister Narendra Modi on Thursday launched three flagship schemes of the NDA government - Pradhan Mantri Awas Yojana (PMAY), Smart Cities mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) urban renewal initiative.

Live: Sensex Trades on Strong Note; Capital Goods, Banking Stocks Lead


Sharemasterindia.com 3:30 p.m.: Sensex provisionally ended 213 points higher at 27,943 and the Nifty jumped 55 points to settle at 8,416 amid volatile trading on the back of expiry of June derivatives contract.

3:25 p.m.: Ashish Chaturmohta of Fortune Equity Brroking told NDTV that Nifty's expiry near 8,400 indicates a strong move for Nifty. 8,300-8,400 is good support zone for Nifty and Nifty can head towards 8,600 from here on

3:20 p.m.: Parag Thakkar, head of institutional sales with HDFC Securities told NDTV that one can buy IT stocks on dips. In a quarter or two things will start looking better, he added.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
BAJAJ-AUTO
LT
INDUSINDBK
CAIRN
GAIL
2,519.00
1,815.00
872.85
187.80
410.75
5.28
3.52
3.36
3.22
2.88
9,04,833
27,20,362
18,51,026
47,13,385
21,35,890

Losers
SymbolLTP % chng Volume
TECHM
WIPRO
ONGC
CIPLA
HINDUNILVR
529.85
553.00
312.45
611.95
882.60
-2.83
-2.19
-1.71
-1.58
-1.56
51,35,604
21,04,769
45,89,209
18,51,166
12,00,945

Do visit for: NSE Top Gainers & Losers


Bajaj Corp Shares Pare Losses After Falling Over 3%



Sharemasterindia.com: Shares of Bajaj Corp fell as much as 3.6 per cent on the BSE on Thursday. The FMCG company has informed that it plans to raise Rs 1,000 crore by issuing equity shares to institutional buyers through qualified institutional placement.
Bajaj Corp would consider the proposal to raise the sum at its annual general meeting to be held on July 20, 2015.

KPIT Technologies Plunges 14%, Hits 52-Week Low


Sharemasterindia.com: KPIT Technologies shares plunged as much as 14 per cent on Thursday to hit a new 52-week low of Rs 85.05.

KPIT Technologies shares also saw a spurt in volume with 6.42 lakh shares traded on the BSE in early trade as compared to a 2-week average of 1.26 lakh.

At 9:45 a.m., shares of KPIT Technologies were down 10.5 per cent to Rs 88.70 as compared to a flat Sensex.

Sure Shot Hot Stock Intraday Tips (Dated: 25-06-2015)

Sure Shot Hot Stock Intraday Tips (Dated: 25-06-2015)

SRTRANSFIN @ 891.80
BUY SRTRANSFIN ABOVE 891.80 WITH STRICT STOPLOSS BELOW 883 FOR INTRADAY TARGETS 897/906

 

Wednesday, June 24, 2015

Sensex Snaps Eight Day Winning Streak, Falls 75 Points


Sharemasterindia.com 3:30 p.m.: Sensex provisionally closed 143 points lower at 27,660 and the Nifty ended 42 points lower at 8,340.

3:27 p.m.: Selling pressure was visible across the board. Metal, oil & gas, realty and consumer durable stocks were among the worst hit.

3:15 p.m.: Reuters quoting a Greek government official says that the country's proposals were rejected by its creditors.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
BHEL
ZEEL
LUPIN
HINDUNILVR
SUNPHARMA
252.75
354.70
1,810.00
892.00
871.15
3.67
2.65
2.19
1.86
1.57
73,09,143
38,78,769
11,44,165
18,09,829
51,61,589
 
Losers
SymbolLTP % chng Volume
HINDALCO
PNB
BANKBARODA
TATASTEEL
M&M
116.95
137.80
145.25
303.40
1,296.00
-3.82
-3.77
-3.36
-3.08
-3.00
36,02,025
41,43,514
53,51,504
28,27,019
7,39,031

Do visit for: NSE Top Gainers & Losers

Aurobindo Pharma Surges Over 4%, Hits 52-Week High


Sharemasterindia.com: Aurobindo Pharma shares surged over 4 per cent to hit 52-week high of Rs 1,454 on the National Stock Exchange.
 
Including today's gain the stock has surged around 14 per cent in last seven trading sessions after the company said that it had received final approval from the US Food & Drug Administration (US FDA) to manufacture and market extended Phenytoin sodium capsules, which is an anti-epileptic drug used for controlling seizures.


Coal India Can Hit Rs 445: Rajat Bose

Sharemasterindia.com: Coal India shares gained as much as 1.4 per cent to hit a 52-week high of Rs 420.80 on the Bombay Stock Exchange on Wednesday. The stock had gained nearly 4 per cent yesterday. Over the last month, Coal India shares have gained over 13 per cent as compared to 0.5 per cent gain in the broader Sensex.
 
Technical analyst Rajat Bose told NDTV that Coal India shares have broken out of a range on strong volumes, which augurs well for the stock. If Coal India shares continue to trade above Rs 415, the stock can hit Rs 445, he added.

Live: Sensex Jumps 100 Points, Nifty Above 8,400


Sharemasterindia.com 10:20 a.m.: Nifty 8,400 call option was the most active call option on the National Stock Exchange. The premium on the option surged 31 per cent to Rs 36.80. 2.68 lakh shares were added on the contract and its open interest jumped to 5.14 million shares.

10:17 a.m.: From the FMCG space, Hindustan Uniliver advanced 2 per cent to Rs 891. ITC, Zydus Wellness, Colgate Palmolive, Dabur and Marico were also up 1-2 per cent each.

10:10 a.m.: The Sensex has advanced 100 points to 27,905 and the Nifty jumped 28 points to move above its crucial psychological level of 8,400 on the back of buying in FMCG and pharma stocks.

Live: Nifty May Edge Higher; PNB to be in Focus

Sharemasterindia.com 8:35 a.m.: Asia shares were trying to score a sixth session of gains on Wednesday as investors chose to be optimistic on the chances of a Greek debt deal, while the dollar held firm as the prospect of U.S. rate rises came back into view.

Japan's Nikkei led the way as a rise of 0.5 per cent cleared a peak from 2000 to reach ground last trod in late 1996.

Sure Shot Hot Stock Intraday Tips (Dated: 24-06-2015)

Sure Shot Hot Stock Intraday Tips (Dated: 24-06-2015)

INFINITE @ 163.15
BUY INFINITE ABOVE 163.15 WITH STRICT STOPLOSS BELOW 160 FOR INTRADAY TARGETS 167/170 


Tuesday, June 23, 2015

You are here:HomeIndustries Gold Dips Below Rs 27,000 on Weak Global Cues, Low Demand


New Delhi (Sharemasterindia.com): Continuing its losing streak for the third straight day, gold prices slipped below the Rs 27,000 per 10 grams mark by falling Rs 50 to trade at an over two-week low of Rs 26,950 at the bullion market on Tuesday.

However, silver recovered by Rs 100 to Rs 36,950 per kg on scattered buying by industrial units and coin makers at prevailing levels.

Bullion traders attributed the fall in gold prices to a weakening global trend amid speculation that months of impasse will end as Greece and its creditors reach an aid deal, reducing demand for the precious metal as a safe haven and low demand from jewellers.

Live: Sensex Volatile With Positive Bias, IT Stocks Under Pressure

 Sharemasterindia.com 3:11 p.m.: State Bank of India's 270 call option was the most active stock option on the NSE. The premium on the option jumped 22 per cent to Rs 2.15. Open interest on the contract reduced by 2.4 lakh shares to 4.5 million shares.

3:00 p.m.: The Sensex was up 70 points at 27,800 and the Nifty was up 27 points at 83,80.

2:50 p.m.: BSE mid-cap index edges lower. The index slipped 0.02 per cent; J P Associates, Sun TV, Titan, Apollo Hospitals, GMR Infra, Cadila Healthcare J P Power Ventures and Indian Bank were among the top losers.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
PNB
COALINDIA
ULTRACEMCO
BANKBARODA
CIPLA
143.35
414.85
2,891.90
150.50
630.15
3.84
3.79
3.13
2.80
2.71
67,63,147
62,11,793
3,27,959
76,05,091
16,74,404

Losers
SymbolLTP % chng Volume
HEROMOTOCO
INFY
LUPIN
POWERGRID
BHEL
2,521.00
1,000.90
1,772.50
139.35
244.00
-2.35
-2.24
-1.87
-1.38
-1.07
3,46,114
34,03,754
7,21,435
23,32,032
24,38,354

Do visit for: NSE Top Gainers & Losers

Next Mediaworks Surges 10%, Gains 60% in a Week

 Sharemasterindia.com: Next Mediaworks shares surged as much as 10 per cent to a high of Rs 13.88 on the Bombay Stock Exchange on Tuesday. Including today's gain the stock has surged 60 per cent in last one week.

Next Mediaworks, the holding company of Next Radio that operates FM channels under the brand name of "Radio One", is planning to raise Rs 115 crore through debt and equity for phase 3 of FM auction.

Rs 25 crore will be raised from ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala through allotment of preferential shares and remaining Rs 80-90 crore will be raised through debt, Next Mediaworks had said in a filing to exchanges.

Jyoti Shares Jump 20% on Takeover Bid


Sharemasterindia.com: Shares in Jyoti Ltd, a Vadodara-based electrical equipment company, jumped by its maximum daily limit of 20 per cent to Rs 76.20 after two individual shareholders made an open offer to acquire 1.28 crore shares in the company at Rs 63 per share.
 
"Lavjibhai Dungarbhai Daliya and Anjani Residency Private Limited have made an open offer to acquire 1.28 crore fully paid-up equity shares of Rs 10 each representing 75 per cent of fully paid-up equity share capital and voting capital of Jyoti Ltd. (target company) from equity shareholders of target company," said Inga Capital, the manager of the open offer in a filing to the Bombay Stock Exchange.

Live: Nifty to Open Higher on Positive Global Cues


Sharemasterindia.com 9:05 a.m.: SV Prasad of Chime Consulting says monsoon rains have bolstered sentiments; the rally has been driven by domestic institutional investors.

9:00 a.m.: Rupee opens lower at 63.58 as against Monday's close of 63.51 per dollar.

8:50 a.m.: Garuang Shah of Geojit BNP Paribas says Nifty can test 8,000 again, short-term investors should take profits off from table.

Sure Shot Hot Stock Delivery Tips (Dated: 23-06-2015)


Sure Shot Hot Stock Delivery Tips (Dated: 23-06-2015)

HDIL @ 95
BUY HDIL ABOVE 95 WITH STRICT STOPLOSS BELOW 93 FOR INTRADAY TARGETS 97/99


Read more Intraday Hot Stock Trading Tips

Monday, June 22, 2015

Markets Gain for Seventh Day; Sensex Surges 400 Points, Nifty Ends Above 8,350

Sharemasterindia.com 3:30 p.m.: The Sensex provisionally closed 398 points higher 27,714 and the Nifty provisionally ended at 8,351, up 126 points.

3:28 p.m.: Shrikant Chouhan of Kotak Securities told NDTV that, Bharti Airtel is out of the breakout of falling range and the stock can cross Rs 500 in the couple of months. Stock has good support at Rs 410-420.

3:22 p.m.: Bharti Airtel was among the notable losers on the Nifty. The stock fell 2 per cent to Rs 425. Reliance Industries, Lupin, UltraTech Cement, ONGC and Idea Cellular were also among the laggards.

Nifty Gainers/ Losers

Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
PNB
AXISBANK
ICICIBANK
YESBANK
BOSCHLTD
138.45
572.20
315.65
858.65
21,825.00
6.09
3.74
3.64
3.46
3.40
55,99,686
72,42,155
1,53,81,864
31,83,655
27,602

Losers
SymbolLTP % chng Volume
BHARTIARTL
RELIANCE
LUPIN
IDEA
ULTRACEMCO
423.95
990.50
1,808.85
175.20
2,799.35
-2.32
-0.62
-0.44
-0.17
-0.12
36,24,597
43,68,676
8,87,439
21,15,622
1,29,285

Do visit for: NSE Top Gainers & Losers

Indiabulls Real Estate Soars as Promoter Plans to Hike Stake


Sharemasterindia.com: Indiabulls Real Estate shares jumped as much as 16.5 per cent on Monday following promoter Sameer Gehlaut's announcement about fund infusion in the realty developer.

Mr Gehlaut will infuse Rs 538 crore in Indiabulls Real Estate via preferential issue and warrants at a price of Rs 67 per share, which is at a premium of 59 per cent of Friday's closing price of Rs 42.05 on the Bombay Stock Exchange.

Wockhardt Surges 4% on New Drug Approval Buzz


Sharemasterindia.com: Wockhardt shares surged as much as 4 per cent to hit intraday high of Rs 1,453.05 on Monday after reports suggested that the company got approval for a new analgesic drug from US Food & Drug Administration (USFDA).

Lupin to Replace Tata Power on Sensex From Monday

New Delhi (Sharemasterindia.com): Drugmaker Lupin will replace private sector electricity producer Tata Power on the BSE benchmark index Sensex from Monday.

Since May 22, when the announcement was made by BSE, shares of Tata Power have lost nearly 5 per cent, while Lupin gained 4.6 per cent.

Besides, a host of changes would also be effective in various other indices, where Adani Power would be dropped from the BSE 100 index.

Reliance Industries Edges Lower After 6-Day Rally

 Sharemasterindia.com: Reliance Industries shares were flat in early trade on Friday. Shares of Mukesh Ambani-led Reliance Industries witnessed some profit-taking after a 6-session winning streak, which saw the market heavyweight gain over 13 per cent during the period.

At 9:41 a.m., Reliance Industries shares were down 0.30 per cent at Rs 993.50 as compared to a nearly 0.80 per cent gain in Sensex.

Despite the sharp run in Reliance Industries, analysts remain bullish on the stock. Market analyst G Chokkalingam said Reliance Industries is likely to rise to Rs 1,050, beyond which its performance depends on success of telecom business.

Live: Sensex Jumps 150 Points, Nifty Above 8,250



Sharemasterindia.com 9:40 a.m.: Reliance Industries shares edge lower on profit- booking. The RIL stock was down 0.5 per cent at Rs 991. The stock in last six trading sessions saw an up move of 13.3 per cent.

9:34 a.m.: The broader markets were also witnessing buying interest. The BSE mid-cap index advanced 0.4 per cent and the small-cap index jumped 0.6 per cent.

9:30 a.m.: Markets opened on a strong note in trades on Monday. The Sensex advanced over 150 points and the Nifty jumped above its psychological level of 8,250 on the back of broad-based buying.

Sure Shot Hot Stock Delivery Tips (Dated: 22-06-2015)

Sure Shot Hot Stock Delivery Tips (Dated: 22-06-2015)

RELIANCE @ 996.65
BUY RELIANCE ABOVE 996.65 WITH STRICT STOPLOSS BELOW 985 FOR INTRADAY TARGETS 1002/1008 


 


Friday, June 19, 2015

Sensex Gains 200 Points, Nifty Ends Above 8200; RIL Jumps 2%

 Sharemasterindia.com 3:40 p.m.: Sensex ends 200 points higher at 27,316 on Friday, its sixth gain in a row. Nifty settles 50 points higher at 8,224.

RIL stands out among the gainers with the market heavyweight rising nearly 2 per cent, also its sixth gain in a row.

Banking and oil & gas stocks led the gainer today with ONGC and Bank of Baroda rising over 2 per cent.  M&M was the biggest Nifty gainer, up 4 per cent.  37 stocks among the 50-share Nifty ends with gains while 13 with losses.

India's Economic Growth Potential Higher Than 7-7.5%: Arun Jaitley



Sharemasterindia.com: Finance Minister Arun Jaitley said on Thursday that economic reforms in the legislative pipeline can push India's growth rate above the 7 to 7.5 per cent range.

India's economy, Asia's third largest, is expected to grow 7.5 per cent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy. The government forecasts growth of 8.1-8.5 per cent while the central bank has a 7.6 per cent gross domestic product growth target.

"Neither the government, nor the people, nor the industry whose representatives, some of whom are here, nobody is very excited about a 7-7.5 per cent growth rate in India," Mr Jaitley said during a discussion with Timothy Geithner, president of investment firm Warburg Pincus and a former U.S. Treasury Secretary.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers 

Gainers
SymbolLTP % chng Volume
M&M
BANKBARODA
PNB
MARUTI
NMDC
1,301.00
142.30
134.50
3,948.00
120.25
3.75
2.63
2.28
2.25
2.21
18,78,063
78,26,569
24,43,534
3,07,828
16,43,591
 
Losers
SymbolLTP % chng Volume
TATAMOTORS
ZEEL
TATAPOWER
SUNPHARMA
POWERGRID
433.70
340.45
72.20
846.30
140.45
-2.64
-1.89
-1.23
-1.14
-1.06
68,89,326
12,33,120
38,93,015
23,30,759
51,27,286

Do visit for: NSE Top Gainers & Losers

Sun TV Security Clearance Okayed by Attorney General, Shares Jump


Sharemasterindia.com: In a respite for Sun TV, Attorney General Mukul Rohatgi on Friday said that the government should grant security clearance to the broadcast major's 33 television channels. Mr Rohatgi's opinion was sought on the matter by the Information and Broadcasting Ministry after its proposal about granting security clearance to Sun TV was struck down by the Home Ministry.

Broadcasters such as Sun TV need a security clearance every 10 years in order to continue their operations.

Earlier, the Home Ministry had struck down the proposal to grant security clearance to Sun TV on the ground that its promoter Kalanithi Maran was being investigated for criminal cases.

Essar Oil Shares Fall Nearly 6% After Hitting 52-Week High


Sharemasterindia.com: Shares of Essar Oil fell nearly 6 per cent on Friday after hitting a 52-week high of 162.30 in early trade. Citing sources, Reuters on Thursday reported that Russian oil giant Rosneft's talks to buy a stake in the Essar Group company has hit a bump over valuations.

Reuters quoting sources said that Russian oil giant Rosneft's talks with Essar Group to buy a key stake in the unit that owns the Vadinar refinery have slowed.

Reuters citing sources said discussions between the two sides over the 400,000 barrel per day (bpd) refinery began in December, when Essar signed a deal to buy 200,000 bpd oil from Rosneft for a decade. Talks have centred on a stake of 50 percent minus one share, Reuters added.

Reliance Industries Shares Near Triple-Digit Mark after Six Months



Sharemasterindia.com: Reliance Industries shares rallied for a sixth consecutive session on Friday, rising over 1 per cent in early trade. Over the last five sessions, RIL shares have gained 11 per cent and the stock in now trading comfortably above its 200 day moving average, considered to be a strong support.

RIL hit an intraday high of Rs 995.75 on Friday, nearing the triple-digit mark last witnessed on November 14, 2014.

Analysts have attributed the recent gains in RIL to optimism around the company's 4G telecom services that is likely to roll out under the Reliance Jio brand in December.

LIC Hikes Stake in Hindalco to Over 13%

 Sharemasterindia.com: Aditya Birla-led Hindalco today said insurance giant LIC has raised its stake in the aluminium maker to over 13 per cent.

In a BSE filing, Hindalco said LIC acquired 2.009 per cent stake in the firm through open market transaction between April 16 and June 17, 2015.

After the transaction, the state-run firm's stake in Hindalco increased from 11.328 per cent to 13.337 per cent.





Live: Sensex Jumps Over 150 Points, Nifty Above 8,200


Sharemasterindia 9:20 a.m.: The Sensex advanced over 150 points and the Nifty moved above its crucial psychological level of 8,200 on the back of buying visible across the sectors.

Buying in stock markets was visible across sectors. BSE oil & gas index was the top sectoral gainer, up 0.85 per cent. Metal, capital goods, banking, healthcare and IT indices were also up 0.45-0.7 per cent each.

From the Nifty-50 basket of stocks, 41 stocks were advancing while 9 were declining.

Hindalco was the top Nifty gainer, the stock jumped 2 per cent to Rs 122 after LIC increased its stake in the company to 13 per cent.

Sure Shot Hot Stock Delivery Tips (Dated: 19-06-2015)

Sure Shot Hot Stock Delivery Tips (Dated: 19-06-2015)

TATASPONGE @ 535.40
BUY TATASPONGE NEAR 515-535 FOR TARGET PRICE 745/815. TENURE 1 YEAR. EPS 59.67 AND PE 8.95.


Thursday, June 18, 2015

Live: Sensex Gains Over 300 Points Led by RIL, HDFC Bank


Sharemasterindia.com 3:23 p.m.: Pradip Hotchandani of Prudent Broking Services told NDTV that Glenmark Pharma can touch Rs 1,050-1,060 in couple of days.

3:12 p.m.: The BSE Sensex and Nifty rose more than 1 per cent on Thursday, heading for their highest close in nearly 2-1/2 weeks, led by a surge in index heavyweight Reliance Industries for a fifth day, on optimism the company would begin 4G phone services in December.

"Seems like bulls are trying to put a bottom in place. The herd mentality of being underweight on India is at its peak," G. Chokkalingam, founder of Equinomics, a Mumbai-based research and fund advisory firm told Reuters.

Nifty Gainers/ Losers

  Nifty Gainers/ Losers

Gainers
SymbolLTP % chng Volume
RELIANCE
LUPIN
BPCL
ASIANPAINT
TATAMOTORS
978.05
1,797.00
832.75
728.00
443.95
5.03
3.77
2.75
2.44
2.36
1,07,03,811
9,50,575
13,54,999
18,44,474
76,54,802
Losers
SymbolLTP % chng Volume
BANKBARODA
TECHM
ZEEL
PNB
CIPLA
138.45
541.00
346.50
130.90
607.00
-1.56
-1.48
-1.31
-1.17
-0.96
58,93,468
28,84,383
13,07,265
30,87,517
20,60,664


Do visit for: NSE Top Gainers & Losers

Sun Pharma Gives Marching Orders to 18 Top-Ranking Officers: Report


Sharemasterindia.com: Sun Pharma, India's largest drugmaker by sales, has reportedly asked 18 of its top executives to leave the company. The high-ranking executives earlier worked with Ranbaxy Labs, the company Sun Pharma acquired from Japan's Daiichi Sankyo in April 2014.

According to media reports, Indrajit Banerjee, president and CFO of Ranbaxy and Yugal Sikri, country head (India) Ranbaxy are among those that have been asked to resign from the company. All 18 executives have been given a severance package, the reports said.

Eicher Motors, Polaris Industries Launch Utility Vehicle, Shares Gain

 Sharemasterindia.com: Eicher Motors, Polaris Industries together have rolled out the first vehicle called Multix from their joint venture called Eicher Polaris. Multix is a 5-seater PUV or personal utility vehicle, priced at Rs 2.32 lakh (ex-showroom Jaipur).

The Eicher Motors stock on Thursday rose over 2 per cent to Rs 19,688. At 1:14 pm it was trading over 1 per cent at Rs 19,525, outperforming the broader Nifty and the Sensex.

Why Reliance Industries Shares Shot Up 11% in Five Days

 Sharemasterindia.com: Reliance Industries shares have seen strong buying interest since the company held its 41st AGM on Friday. RIL shares have notched up 11 per cent gains in the previous five sessions, including Thursday's intraday high of Rs 974.

Some analysts attribute the outperformance in RIL shares to continued optimism about the company's plans to start 4G phone services in December. Speaking at the company's annual meeting of shareholders, Mukesh Ambani, India's richest man, said the Reliance Jio will initiate a test launch over the next few months.

Rupee Rallies to 63.87 Tracking Broad Dollar Fall


Sharemasterindia.com: The rupee appreciated 25 paise to hit 63.87 against the dollar in early trade on Thursday at the Interbank Foreign Exchange after the American currency weakened overseas

The dollar's showed weakness against euro and other currencies after the Fed disappointed some who had hoped for a clearer signal on the timing of an interest rate. The US Fed kept its near-zero benchmark interest rate unchanged.

Jaitley Rings Closing Bell at New York Stock Exchange

 New York(Sharemasterindia.com): Union Finance Minister Arun Jaitley rang the closing bell at the New York Stock Exchange (NYSE) here and also toured the trading floor of the world's largest stock exchange.

Mr Jaitley, who began his 10-day trip to the US on Wednesday, was accompanied by a high-level business delegation from India that included Ambuja Neotia Group Chairman Harshavardhan Neotia, Apollo Tyres Chairman Onkar Kanwar, Bharti Enterprises Vice Chairman and Managing Director Rajan Bharti Mittal and Bharat Hotels Chairperson and Managing Director Jyotsna Suri.

Mr Jaitley rang the customary closing bell at the NYSE at the close of trading day at 4 PM.

Bharti Airtel Falls After African Tower Sale Deal Called Off

 Sharemasterindia.com: Shares of Bharti Airtel fell nearly 2 per cent in early trade on Thursday after a tower sale deal related to its African operations fell through.

Bharti Airtel on Wednesday said its agreement with Helios Towers Africa for sale of tower assets in Tanzania and Tchad has been terminated. Bharti on July 9 last year signed a deal with Helios Towers Africa (HTA) to divest approximately 3,100 towers. Airtel was supposed to have access to these towers under a long-term lease contract.

Live: Sensex Jumps Over 200 Points, Regains 27,000


Sharemasterindia.com 9:20 a.m.: Sensex advanced over 200 points to move above 27,000 and the Nifty surged to high of 8,142 on the back of broad-based buying.

Buying was visible across the sectors. Banking, oil & gas, realty, capital goods, pharma and IT indices were up 0.5-0.8 per cent each.

From the Nifty-50 basket of stocks, the advancing stocks outnumbered the declining stocks as 42 stocks advanced while 8 stocks were losing.

Wednesday, June 17, 2015

Reliance Industries Jumps 4%, On Track for Fourth Straight Gain

Sharemasterindia.com: Reliance Industries, on track for a fourth straight session of gains, jumped 4 per cent on Wednesday. Since its 41st AGM on Friday, RIL shares are up 7.5 per cent as compared to 2.1 per cent gain in the broader Nifty.

Global investment bank UBS on Wednesday retained its "buy" rating on RIL with a 1-year target price of Rs 1,154. The brokerage expects RIL to post strong Q1 earnings on the back of strong gross refining margins.

Earlier, Kotak Institutional Equities had also retained its "buy" on Reliance Industries (target Rs 1,050) noting (1) robust earnings accretion from core-business projects and (2) recent strength in Asian refining as well as petrochemical margins.

Sensex Gains for Fourth Day, Jumps 119 Points

Sharemasterindia.com: 3:30 p.m.: Sensex provisionally ended 119 points higher at 26,805 and Nifty gains 42 points to settle at 8,090.

3:27 p.m.: Torrent Pharma up nearly 2%; Cabinet approves hike in FII investment limit and Kotak Mahindra Bank off day's high, up 0.24%; Cabinet defers proposal for increase in foreign investment limit.

3:26 p.m.: Cipla Ltd, India's fourth-largest drugmaker by sales, is planning to enter Latin America and Eastern Europe to tap into growing demand for generic drugs in emerging markets, Chief Executive Subhanu Saxena said.

3:18 p.m.: Reliance Industries, on track for a fourth straight session of gains, jumped 4 per cent on Wednesday. Since its 41st AGM on Friday, RIL shares are up 7.5 per cent as compared to 2.1 per cent gain in the broader Nifty.

3:10 p.m.: Banking and power stocks are witnessing some profit-booking. The Bank Nifty was down 0.12 per cent and the power index slipped 0.35 per cent.

3:05 p.m.: The markets have come off the intraday highs. The Sensex which touched high of 26,983.48 was up 132 points at 26,818 and the Nifty advanced 41 points to 8,088.

Nifty Gainers/ Losers

Nifty Gainers/ Losers


Gainers
SymbolLTP % chng Volume
CIPLA
HINDUNILVR
HINDALCO
RELIANCE
TATASTEEL
614.50
864.00
118.65
930.70
302.40
4.09
3.48
3.17
2.96
2.70
32,22,793
25,72,631
51,07,116
59,87,153
82,82,298
Losers
SymbolLTP % chng Volume
VEDL
POWERGRID
BHEL
TATAPOWER
CAIRN
172.20
141.10
240.90
72.70
179.00
-3.53
-2.08
-1.91
-1.89
-1.59
70,73,811
17,01,987
30,15,003
21,79,906
35,26,760

Do visit for: NSE Top Gainers & Losers

Monsoon Concerns Weigh on Gold Demand

Sharemasterindia.com: Mumbai/Singapore: Indian gold demand remained sluggish this week as concerns over a weak monsoon forced farmers, key to the country's bullion demand, to cut back spending.

Indian prices are at a discount of around $1 an ounce to the global benchmark, said traders.

Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.

"Demand is quite weak compared to last month," said Mangesh Devi, a jeweller from Maharashtra whose customers are mainly sugar cane and vegetable growers.

SE Investments Shares Surge Over 50% in 3 Days

Sharemasterindia.com:
SE Investments shares surged over 18 per cent to hit an intraday high of Rs 312 on Wednesday. Trading volumes on the counter jumped nearly two times as 3475 shares changed hands on the BSE, compared to average of 1752 shares traded daily in last two weeks. SE Investments shares advanced over 50 per cent in last three trading sessions including today's gains.
On June 12, the stock closed at Rs 201.85 apiece on the BSE.

Vedanta Limited Shares Fall for Fourth Day, Hits 52-Week Low

Sharemasterindia.com: Shares of Vedanta Limited fell over 3 per cent on Wednesday, extending their losses to the fourth day. The shares hit a new 52-week low Rs. 173.10. A Press Trust of India report said that state insurer LIC has expressed concern over the Cairn merger deal. LIC is the second biggest shareholder in Cairn India after UK's Cairn Energy. LIC owns 9.06 per cent stake in Cairn India.

Anil Agarwal-promoted Vedanta Ltd on Sunday said it would merge its subsidiary Cairn India with itself. The deal needs the approval of majority of minority shareholders. Cairn India's annual general meeting will be held on July 21, where the shareholders will get a chance to vote on it. Vedanta almost holds 60 per cent stake in Cairn India.

As part of the merger deal, each Cairn India shareholder will be offered an equity share of Vedanta, besides a 7.5 per cent redeemable preference share having a face value of Rs. 10.

Live: Sensex Gains Over 150 Points, Nifty Above 8,050


Sharemasterindia.com 9:20 a.m.: The Sensex and Nifty moved higher in the opening deals today on the back of broad-based buying.

The broader markets were trading buying interest. The BSE mid-cap and small-cap indices were up over 0.5 per cent each.

On the sectoral from, buying was seen in IT, pharma, banking, metal and realty stocks, While, some amount of selling pressure was visible in oil & gas and power stocks.

Today's Sure Shot Hot Stock Tips (Dated: 17-06-2015)

Today's Sure Shot Hot Stock Tips (Dated: 17-06-2015)

AXISBANK @ 551.15
Buy AXISBANK above 551.15 with strict stoploss below 546 for Intraday Targets 556/562.

Read more Intraday Hot Stock Trading Tips

Tuesday, June 16, 2015

Mutual fund exposure to bank stocks climbs to Rs 79,000 crore


Sharemasterindia.com: Mutual Fund managers have been on a shopping spree for banking stock, raising their allocation to the sector to over Rs 79,000 crore in May in anticipation of a rate cut by the Reserve Bank.

In comparison, equity fund managers' deployment in banking stocks stood at Rs 48,419 crore in May 2014
 According to industry experts, fund managers raised their allocation last month to bank stocks expecting a rate cut by the Reserve Bank of India (RBI) .

Live: Sensex Jumps Over 100 Points, Nifty Above 8,050


Sharemasterindia.com 3:27 p.m.: Tata Motors jumps 2 per cent to Rs 435 on the back of short covering rally. Meanwhile, Ruchit Jain technical analyst with Angel Broking said that the stock can go up to Rs 455-460 levels where it will face resistance again.

3:24 p.m.: Two wheeler stocks are looking goods on charts and one can buy stocks such as Eicher Motors, TVS, Bajaj Auto and Hero MotoCorp on declines, says Ruchit Jain of Angel Broking.

3:21 a.m.: Overall breadth on the Bombay Stock Exchange was neutral as 1,207 stocks were advancing while 1,384 were declining.

3:18 p.m.: The broader markets also showcase a smart recovery. The BSE mid-cap index was up 0.7 per cent and the small-cap index jumped 0.3 per cent. Oberoi Realty, Indian Bank, Union Bank of India, L&T Finance Holdings and Tata Communications were among the top gainers.

3:14 p.m.: The markets showcased a smart recovery in the last 30 minutes of trade. The Sensex was up 127 points at 26,713 and the Nifty advanced 40 points to 8,054.

3:09 p.m.: Recovery in markets led by buying in banking, power, auto and consumer durable stocks. Bank Nifty which traded in the negative territory saw buying at lower levels and was up 0.7 per cent.

3:06 p.m.: Ruchit Jain, technical analyst at Angel Broking, said that Nifty could move to 8150-8200 in this pullback rally but it could see pressure at higher levels.

2:59 p.m.: Markets move into positive zone. Sensex up 48 points to 26,634 while Nifty adds 18 points to inch up to 8,031.

2:34 p.m.: Banking stocks showcase a smart recovery. The Bank Nifty which was trading in red was up 0.2 per cent. Stocks such as State Bank of India, Yes Bank, ICICI Bank, Punjab National Bank and IndusInd Bank were among the top gainers.

2:20 p.m.: PSU banking stocks witness buying at lower levels. CNX PSU Bank index jumps 0.7 per cent; Union Bank, Canara Bank, Punjab National Bank and Bank of Baroda were among the top gainers.

2:15 p.m.: The Sensex has come off the intraday low levels on buying in IT stocks. The Sensex which touched low of 26,379 was down 85 points at 26,501 and the Nifty was down 25 points at 7,988.

2:04 p.m.: The Sensex fell 204 points to 26,383 and the Nifty was hovering around 7,950 as selling pressure picked up pace in the afternoon trades.

Selling pressure was visible across the sectors. Capital goods, FMCG, oil & gas and realty stocks were among the worst hit.

From the Nifty-50 basket of stocks, 33 stocks were declining while 17 were advancing.

1:50 p.m.: SKF India, Suzlon Energy, Fag Bearings, BHEL, AIA Engineering, Thermax, ABB and Siemens were the top losers from the capital goods space.

1:35 p.m.: Ramky Infrastructure shares rose nearly 5 per cent to hit an intraday high of Rs 30.75 on Tuesday after six lenders from a consortium of nine banks approved Ramky's debt restructuring plan.

1:15 p.m.: Declining stocks outnumbered the stocks which were advancing as 1,520 stocks were declining while 840 were advancing.

1:08 p.m.: Markets near day's low; Sensex falls 129 points to 26,457 and Nifty was down 40 points at 7,973.

1:00 p.m.: European stock markets trade with a negative bias; Germany's DAX was down 0.93 per cent, French CAC 40 index fell 0.95 per cent and UK's FTSE 100 index slipped 0.41 per cent.

12:50 p.m.: Sensex fell 105 points to 26,481 and the Nifty was down 32 points at 7,982 on the back of broad-based selling.

12:42 p.m.: Allahabad Bank, Bank of Baroda, Dena Bank, EID Parry India Limited and Balrampur Chini Mills Limited trade at 52-week low on the National Stock Exchange.

12:30 p.m.: Unitech, Jaiprakash Associates, Essar Oil, Suzlon Energy, ICICI Bank and Reliance Communications were among the most actively traded stocks in terms of volumes on the National Stock Exchange.

12:16 p.m.: Anil Dhirubhai Ambani Group shares fall; Reliance Infrastructure, Reliance Capital, Reliance Communication, Reliance Power and Reliance Capital were trading 0.7-3 per cent lower.

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