Nifty breaks 7900, Sensex slips 100pts; ONGC, Hindalco drag -- 3 Dec 2015

Wipro, Axis Bank, Hero and Infosys are top gainers in the Sensex while ONGC, Hindalco, Bajaj Auto, Tata Steel and Tata Motors are losers.

                                                       

The market has opened in red. The Nifty is down 30.20 points or 0.4 percent at 7901.15. The Sensex is down 100.16 points or 0.4 percent at 26017.69. Wipro, Axis Bank, Hero and Infosys are top gainers in the Sensex while ONGC, Hindalco, Bajaj Auto, Tata Steel and Tata Motors are losers. The Indian rupee declined in the early trade. It has opened lower by 8 paise at 66.67 per dollar versus 66.59 Wednesday. Mohan Shenoi of Kotak Mahindra Bank said, "Fed Chair Yellen's speech on Wednesday makes a December lift-off of Fed rates near certain. However, subsequent increases are expected to be gradual." He further added, "On the other hand low inflation has increased odds of further QE in Eurozone in today's European Central Bank (ECB) rate setting meeting. This monetary divergence is lending support to the dollar." Asian stocks slipped and the dollar advanced after hawkish-sounding comments from Federal Reserve Chair Janet Yellen further reinforced the case for an interest rate hike later this month.

For More Detail Visit -- http://www.allianceresearch.in/
Or Call on -- 9993716323, 0761-4032175

Rupee slips 8 paise, opens at 66.67 per dollar -- 3 Dec 2015

With RBI presence, the USD-INR is expected to be stable today in a range of 66.35-66.65/dollar, 


                                 

The Indian rupee declined in the early trade on Thursday. It has opened lower by 8 paise at 66.67 per dollar versus 66.59 Wednesday."With Reserve Bank of India (RBI) presence, the USD-INR is expected to be stable today in a range of 66.35-66.65/dollar,

For More Detail Visit -- http://www.allianceresearch.in/
Or Call on -- 9993716323,0761-4032175 

Nifty ends below 7950, Sensex in red; SBI, BHEL losers -- 2 Dec 2015

The Sensex ended down 51.56 points or 0.2 percent at 26117.85 and the Nifty slipepd  23.55 points or 0.3 percent at 7931.35. About 1483 shares have advanced, 1299 shares declined, and 154 shares are unchanged.  Lupin, Tata Steel, Maruti, Dr Reddy, Bajaj Auto were top gainers while SBI, BHEL, Tata Motors, BHEL, Infosys and HDFC were losers in the Sensex.


                                   

Sensex: 26125.33, donw 44 points; Nifty50: 7935.85, down 19 points

Top Gainers: 

LUPIN (3.2%), TATA STEEL (2.7%), MARUTI SUZUKI (1.5%), CIPLA (1.5%), BAJAJ AUTO(1.3%) 

Top Losers: 

SBI (1.7%), INFOSYS (1.5%), BHEL (1.3%), ICICI BANK (1.0%), HDFC (0.8%) 

For More Detail Visit - http://www.allianceresearch.in/

Or Call on -- 9993716323, 0761-4032175

Sensex, Nifty start on a flat note; HDFC Bank, HDFC, Bajaj Auto top gainers --- 2 Dec 201

The BSE Sensex and NSE Nifty opened in green on Wednesday. Sensex opened 69.98 points up at 26,239.39, while Nifty opened 21.80 points up at 7,976.70.

                                 

                                   

The 30-share index was trading at 26,202, up 33 points or 0.13 per cent. It touched a high of 26,256.42 and a low of 26,200.84 in morning trade.

The Nifty50 was at 7,965, up 10 points or 0.13 per cent. It touched a high of 7,979.30 and a low of 7,959.05 in the first 30 minutes of trade.

The S&P BSE Midcap Index was up 0.26 per cent and BSE S&P Smallcap Index was trading 0.35 per cent higher. 

GAIL India (up 1.2 per cent), Vedanta (up 1.2 per cent), Hindalco (up  .. 

For More Detail Visit --- http://www.allianceresearch.in/

Or Call on  - 9993716323, 0761-4032175

Sensex, Nifty open higher; GAIL, Vedanta, Tata Steel up -- 2 Dec 2015

GAIL, Vedanta, Tata Steel, Bajaj Auto and Coal India are top gainers in the Sensex while Tata Motors, Axis Bank, Bharti Airtel, Hero and Infosys are among losers.

                             

                                             

The market has opened higher as the Sensex is up 58.13 points or 0.2 percent at 26227.54. The Nifty is up 12.90 points or 0.2 percent at 7967.80. About 819 shares have advanced, 179 shares declined, and 43 shares are unchanged. GAIL, Vedanta, Tata Steel, Bajaj Auto and Coal India are top gainers in the Sensex while Tata Motors, Axis Bank, Bharti Airtel, Hero and Infosys are among losers. The Indian rupee opened marginally lower at 66.52 per dollar against previous closing 66.49. Pramit Brahmbhatt of Veracity said, "Rupee has remained rangebound with a positive bias. Interest rate decision and dovish view of RBI governor has given support to equity market." The dollar fell as a contraction in US manufacturing PMI and upbeat european economic data knocked the greenback from 8 and a half-month highs against a basket of major currencies. Asian stocks stuttered in early trade after downbeat US manufacturing data raised concerns about the health of the world's biggest economy, while the dollar retreated from 8-1/2-month highs. Wall Street rallied to close near session highs despite weak manufacturing data. The S&P 500 topped the psychologically key level of 2,100.

For More Detail Visit -- http://www.allianceresearch.in/

Or Call on -- 9993716323, 0761-4032175

Rupee opens marginally lower at 66.52 per dollar --- 2 Dec 2015

We can expect the rupee to appreciate today and is expected to trade in the range of 66.20-66.80/dollar, 

                                             

The Indian rupee opened marginally lower at 66.52 per dollar on Wednesday against previous closing 66.49.
"Rupee has remained rangebound with a positive bias. Interest rate decision and dovish view of RBI governor has given support to equity market." "Overall, we can expect the rupee to appreciate today and is expected to trade in the range of 66.20-66.80/dollar,

For More Detail Visit ---- http://www.allianceresearch.in/
Or Call on -- 9993716323, 0761-4032175

Nifty ends at 7955, Sensex flat; Bharti, GAIL down 1-3% -- 1 Dec 2015

Vedanta, Tata Steel, Coal India, Hindalco and Dr Reddy's Labs were top gainers while Bharti Airtel, GAIL, Axis Bank, Tata Motors and Infosys.

                                             

The market has ended flat once again. The Sensex was up 23.74 points at 26169.41, and the Nifty gained 19.65 points or 0.2 percent at 7954.90. About 1669 shares advanced, 1155 shares declined and 148 shares were unchanged. Vedanta, Tata Steel, Coal India, Hindalco and Dr Reddy's Labs were top gainers while Bharti Airtel, GAIL, Axis Bank, Tata Motors and Infosys. 


Sensex: 26190.49, up 44 points; Nifty50: 7959.40, up 24 points 

Top Gainers: 

VEDANTA (4.3%), TATA STEEL (3.3%), HINDALCO (3.2%), DR. REDDYS LAB (3.1%), HUL (3.0%) 

Top Losers: 

BHARTI AIRTEL (3.3%), AXIS BANK (1.8%), GAIL (1.5%), TATA MOTORS (1.5%), INFOSYS (0.7%) 

For More Detail Visit -- http://www.allianceresearch.in/

Or Call on -  9993716323, 0761-4032175