Market Live: Nifty off its opening high ahead of F&O expiry; HDFC Bank top gainer

Market Live: Nifty off its opening high ahead of F&O expiry; HDFC Bank top gainer. Asian stocks recover after easing of Italian political concerns.

Asian stocks recover after easing of Italian political concerns.

Market Update: The market is trading higher ahead of expiry of May derivative contracts, tracking positive move in global peers after easing of Italy political concerns.

Click here To know about the  Best Stock Advisory India

The 30-share BSE Sensex rallied 94.98 points at 35,001.09 and the 50-share NSE Nifty rose 22.60 points to 10,637. About 1,013 shares advanced against 740 declining shares on the BSE.

HDFC Bank, HDFC, Reliance Industries and Infosys support the market while ICICI Bank, SBI, Axis Bank, TCS are under pressure.

Fuel Price Update: Petrol price was today cut by 7 paise a litre and diesel by 5 paise - the second reduction in as many days on the back of softening international oil rates.

Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms.

Diesel rates have been cut to Rs 69.25 per litre from Rs 69.30.

This is the second reduction in rates coming after a 16 day relentless price hike that followed lifting of a nearly three-week hiatus on price revision just before Karnataka went to polls. Petrol and diesel prices were yesterday cut by 1 paisa a litre each. That reduction followed rates touching an all-time high of Rs 78.43 per litre for petrol and Rs 69.31 for diesel in Delhi on Tuesday, reports PTI.

Rupee Update: The rupee strengthened by 6 paise to 67.37 against the dollar at the Interbank Foreign Exchange ahead of GDP data scheduled to be released later today.

Forex dealers said besides selling of the American currency by exporters and banks, weakness in the dollar against other currencies supported the rupee.

Furthermore, expectations of robust GDP growth and a higher opening in the domestic equity market, influenced the rupee uptrend, they added.

Yesterday, the rupee had ended with a solid 43 paise gain  against the American currency at 67.43 after traders unwound  bullish dollar positions.

Market Opening: Benchmark indices started off the expiry day on a strong note, tracking positive trend in global peers on easing of Italy political concerns.

The 30-share BSE Sensex rallied 141.30 points to 35047.41 and the 50-share NSE Nifty gained 42 points at 10,656.40.

Click here to get Free Commodity Tips

Jubilant Foodworks, Punj Lloyd, Apollo Hospitals, Deepak Fertilisers, Satin Creditcare, KNR Construction, Sadbhav Engineering and Saksoft surged up to 15 percent.

Manpasand Beverages, Vakrangee and V-Guard Industries fell up to 10 percent.

Asia Update: Asian stocks traded higher on easing of Italian political concerns.

Japan's Nikkei 225 rose 0.43 percent and Australia's S&P/ASX 200 advanced 0.41 percent.

In South Korea, the Kospi advanced 0.44 percent while China's Shanghai Composite rose 1 percent and Hong Kong's Hang Seng gained 0.8 percent.

-------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex dips 100 pts amid political turmoil in Italy; M&M, Coal India rally

Market Live: Sensex dips 100 pts amid political turmoil in Italy; M&M, Coal India rally. Asian shares extended a global sell-off. Japan's Nikkei, China's Shanghai Composite, Hong Kong's Hang Seng and South Korea's Kospi are down 1.5-2 percent.

Asian shares extended a global sell-off. Japan's Nikkei, China's Shanghai Composite, Hong Kong's Hang Seng and South Korea's Kospi are down 1.5-2 percent.

Market Update: Benchmark indices remained under pressure, with the Sensex falling 115.22 points to 34,834.02 and the Nifty declining 44.70 points to 10,588.60.

Click here To know about the  Best Stock Advisory India

The market extended previous day's losses with the Sensex falling more than 150 points following correction in global peers on political turmoil in Italy.

The Nifty50 has broken 10,600 levels while all sectoral indices are in the red barring IT.

Banking & financials pulled the market lower as Nifty Bank and Financial Services indices lost nearly a percent.

Oil retailers IOC, HPCL and BPCL fell up to 3 percent after cut in fuel prices.

M&M, Coal India and Power Grid gained 2 percent each following March quarter earnings.

The 30-share BSE Sensex declined 171.66 points to 34,777.58 and the 50-share NSE Nifty slipped 62.10 points to 10,571.20. shares have advanced, 895 shares declined, and 86 shares are unchanged.

Market Opening: Benchmark indices extended yesterday's losses on Wednesday, tracking weakness in global stocks on political turmoil in Italy.

The 30-share BSE Sensex dropped 151.57 points to 34,797.67 and the 50-share NSE Nifty slid 63.30 points to 10,570.

Vedanta, Tata Motors, SBI, ICICI Bank, Bharti Airtel, Axis Bank and Grasim Industries fell up to 2.5 percent.

M&M, BPCL, and Infosys are gainers in opening.

Nifty Midcap lost 156 points. Nifty Bank declined 237 points.

Dilip Buildcon, Glenmark Pharma, BEL, Eveready Industries, Vakrangee, Jain Irrigation, Canara Bank, Allahabad Bank and LIC Housing Finance slipped up to 6 percent.

Greenply Industries, Reliance Communications, Dish TV and Power Grid are gainers.

Click here to get Free Commodity Tips

Crude Update: Oil prices were lower on worries that Saudi Arabia and Russia will pump more crude weighing on the market.

Saudi Arabia and Russia have discussed raising OPEC and non-OPEC oil production by 1 million barrels per day (bpd) to counter potential supply shortfalls from Venezuela and Iran.

Brent crude was down 0.62 percent at $74.92 a barrel.

US West Texas Intermediate crude was down 0.36 percent at $66.49 a barrel, reports CNBC.

-------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex, Nifty consolidate after 3-day rally; weaker rupee lifts IT stocks

Market Live: Sensex, Nifty consolidate after 3-day rally; weaker rupee lifts IT stocks. Most Asian markets traded lower as investors focus on Italian politics and the fall in oil prices.

Most Asian markets traded lower as investors focus on Italian politics and the fall in oil prices.

Buzzing: Share price of Housing & Urban Development Corporation (HUDCO) rose 5 percent as company recovered a substantial amount of Rs 317 crore in an old loan default case.

Click here To know about the  Best Stock Advisory India

This is to inform you that, an old default case of a borrower has been substantially resolved after prolonged litigation, where HUDCO has received an amount of Rs 317 crore, against the dues of Rs 469.38 crore as on March 31, 2018, company said in release.

The meeting of board of directors of the company is proposed to be held on May 30, 2018 to consider, approve and take on record the audited financial statements (standalone and consolidated) for quarter & year ended March 31, 2018.

Market Update: The market consolidates after sharp rally in previous three consecutive sessions, as investors monitor the movement in rupee and crude oil prices.

The broader markets also traded in line with frontliners while all sectoral indices are in the red barring IT and Auto.

Technology stocks are on buyers' radar after the rupee falls 28 paise to 67.70 against the US dollar.

The 30-share BSE Sensex rose 6.16 points to 35,171.64 and the 50-share NSE Nifty gained 1.80 points at 10,690.50.

Buzzing: Rural Electrification Corporation (REC) share price declined 2 percent after it reported a 37 percent decrease YOY in its March quarter net profit at Rs 834.79 crore, missing estimates due to an increase in provisions for bad loans.

A Reuters poll of equity analysts had estimated profits to fall marginally to Rs 1224.3 crore in the fourth quarter of FY18.

The company had posted profit of Rs 1319.2 crore in the fourth quarter of last fiscal.

Interest income saw a 5 percent drop YoY in Q4 to Rs 5,444.59 crore. Other income dropped to Rs 33.03 crore in Q4 from Rs 131.70 crore in the year ago period.

Market Opening: Benchmark indices opened mildly lower on Tuesday morning due to profit booking after three-day run up.

The 30-share BSE Sensex fell 56.44 points to 35,109.04 and the 50-share NSE Nifty declined 21.90 points to 10,666.80.

L&T, Tech Mahindra, TCS, Infosys, HCL Technologies, M&M, Bajaj Finance and Coal India are gainers.

Bank of India and Aurobindo Pharma plunged 5 percent each.

Vedanta, Sun Pharma, Lupin and SBI are under pressure.

Nifty Bank lost 130 points and Nifty Midcap shed 65 points.

Manpasand Beverages slipped 20 percent for second consecutive session.

Venus Remedies, DB Realty, Kwality, Gravita, Mercator and Fortis Healthcare fell up to 7 percent.

Oil India, NMDC, Bajaj Hindusthan, Dhampur Sugar, Dwarikesh Sugar, Reliance Communications and Edelweiss Financial gained 2-5 percent.

Click here to get Free Commodity Tips

Oil Price Hike: Petrol and diesel prices continue to soar and touched another peak on Monday. Petrol was hiked by 16 paise to Rs 86.24 per litre in Mumbai.

This is the 16th straight hike in a row. Diesel prices on the other hand, were hiked by 15 paise to Rs 73.79 per litre in Mumbai. Petrol prices in Delhi were increased by 16 paise to Rs 78.43 per litre and diesel by 14 paise to Rs 69.31 per litre.

Since the dynamic pricing system resumed on May 14, petrol and diesel prices have risen by Rs 3.8 and Rs 3.38 respectively in the last 16 days in Delhi.

-------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

 

Market Live: Sensex reclaims 35K, opens up 100 pts; sharp fall in oil prices lift IOC, HPCL, BPCL

Market Live: Sensex reclaims 35K, opens up 100 pts; sharp fall in oil prices lift IOC, HPCL, BPCL. Asian markets traded mixed amid further fall in oil prices after top producers indicated output could increase.

Asian markets traded mixed amid further fall in oil prices after top producers indicated output could increase.

Market Update: The market extended opening gains, with the Sensex reclaiming 35,000 levels following sharp fall in oil prices and recovery in the rupee.

Click here To know about the  Best Stock Advisory India

The 30-share BSE Sensex rose 172.37 points to 35,097.24 and the 50-share NSE Nifty gained 63.40 points at 10,668.60 while the broader markets also traded in line with frontliners.

All sectoral indices are in the green barring IT index that lost nearly a percent following appreciation in rupee.

Oil retailers IOC, BPCL and HPCL gained 5-7 percent after crude corrected to $75 from the 2018 high of $80.50 a barrel

Sun Pharma is the biggest gainer among Nifty50 stocks, rising nearly 7 percent after March quarter earnings.

About three shares advanced for every share falling on the BSE.

Market Opening: Benchmark indices started off trade on a positive note on Monday, following sharp correction in oil prices and recovery in rupee.

The 30-share BSE Sensex gained 107.70 points at 35,032.57 and the 50-share NSE Nifty rose 44.50 points to 10,649.70.

Bank of Baroda, IOC, HPCL, BPCL and Sun Pharma jumped up to 7 percent while Tech Mahindra and Vedanta are under pressure.

Nifty Midcap index gained 110 points.

Jet Airways, InterGlobe Aviation, Excel Industries, Indian Bank, Waterbase, Meghmani Organics, RCF, FACT, Balrampur Chini, Praj Industries, Triveni Engineering, Nalco, NBCC, Divis Labs, Dixon Tech and Himatsingka Seide rallied up to 6 percent.

PC Jeweller and IDBI Bank are under pressure.

Rupee Update: The Indian rupee traded 27 paise higher at 67.49 against the US dollar in early trade after opening at 67.52.

Rupee after weakening for six consecutive weeks rose against the US dollar following ease in global crude prices and suspected RBI intervention at higher levels, as per Motilal Oswal report.

In the past few sessions RBI has been actively intervening to curb the volatility for the rupee. RBI data released, on Friday, showed reserves dropped by USD 2.6 billion for the week ended May 26 and in this month reserves have dropped by USD 11 billion. Currently India’s FX reserves stands at USD 415 billion after hitting a high of USD 424 billion earlier this year.

This week, on the domestic front, market participants will be keeping an eye on fiscal deficit and GDP numbers to gauge a view for the rupee. For the day, the USD-INR pair is expected to quote in the range of 67.30 and 67.80, it added.

Click here to get Free Commodity Tips

Crude Oil Update: Oil prices dropped on signs that output from the three top crude producers, Russia, the United States and Saudi Arabia, would climb to meet concerns about supply amid strong demand.

Brent crude futures were at $74.93 per barrel, down 2.04 percent, from their last close.

US West Texas Intermediate (WTI) crude futures were at $66.22 a barrel, down 2.45 percent, from their last settlement.

Brent and WTI have respectively fallen by 5.5 percent and 7.5 percent from peaks reached earlier in May, reports CNBC.

-------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex gains over 100 pts; TCS hits Rs 7 lakh cr in market cap

Market Live: Sensex gains over 100 pts; TCS hits Rs 7 lakh cr in market cap. Asian markets were mixed after US President Donald Trump canceled a scheduled summit with Kim Jong Un.

Asian markets were mixed after US President Donald Trump canceled a scheduled summit with Kim Jong Un.

Click here To know about the  Best Stock Advisory India

Buzzing: Cox & King's share price rallied nearly 11 percent after non-banking finance company's license granted to its wholly owned subsidiary, Cox & Kings Financial Service Limited.

"Reserve Bank of India (RBI) has granted a Non-Banking Finance Company (NBFC) Licence to Cox & Kings Financial Service Limited, a wholly owned Subsidiary of the company," the company said.

Cox & Kings Financial Service Limited proposes to carry on the business of holiday financing, student loan financing, and other non-banking financial service activities and a foreign exchange business.

 

Market Update: Benchmark indices extended opening gains, with the Sensex rising 146.50 points to 34,809.61 and the Nifty gaining 41.50 points at 10,555.40.

About two shares advanced for every share rising on the BSE.

TCS became the most valued listed company in India, crossing the market cap of Rs 7 lakh crore.

Market Opening: Benchmark indices opened mildly higher on the last day of the week, backed by technology stocks.

The 30-share BSE Sensex rose 63.47 points to 34,726.58 and the 50-share NSE Nifty gained 16.10 points at 10,530.

GAIL, Infosys, TCS, Yes Bank, Asian Paints, IOC, Bajaj Finance, Indiabulls Housing, Hindalco, and HPCL are early gainers.

Vedanta, ITC, ONGC, Bharti Airtel, SBI, IndusInd Bank and Titan Company are under pressure.

Nifty Midcap gained 33 points.

Gujarat Alkali, United Spirits, United Breweries, Jet Airways, Cochin Shipyard and Sequent Scientific gained up to 10 percent.

Granules, Cummins, GSK Pharma and Pidilite Industries fell up to 5 percent.

Indian rupee opens higher at 68.28 per dollar

We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, said ICICIdirect.

Click here to get Free Commodity Tips

The Indian rupee opened marginally higher by 6 paise at 68.28 per dollar on Friday versus 68.34 yesterday.

The near-month dollar-rupee May contract on the NSE was at 68.36 in the previous session. The May contract open interest increased 1.85% in the previous day.

We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, said ICICIdirect.

-------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex off opening high; Tata Motors hits fresh 52-week low

Market Live: Sensex off opening high; Tata Motors hits fresh 52-week low. Asian stocks traded mixed amid caution over fresh trade-related developments between the US and China.

Asian stocks traded mixed amid caution over fresh trade-related developments between the US and China.

Market Update: Benchmark indices are off their opening highs due to further sharp correction in Tata Motors that hit a fresh 52-week low following the dismal performance in Q4.

The Sensex gained 60.88 points at 34,405.79 and the 50-share NSE Nifty rose 8.60 points to 10,439.
 

The market traded higher after yesterday's sharp fall, with the Sensex rising around 100 points despite the mixed trend in Asian peers.

Click here To know about the  Best Stock Advisory India

The Nifty Midcap underperformed frontliners while IT index outperformed every index, rising more than 1.5 percent on sharp depreciation in the rupee yesterday.

The rupee recouped some of the previous day's losses, trading 12 paise higher at 68.30 a dollar. Yesterday, it had corrected 38 paise to close at 68.42 a dollar.

The 30-share BSE Sensex gained 114.95 points at 34,459.86 and the 50-share NSE Nifty rose 23.70 points to 10,454.10.

About 985 shares advanced against 542 declining shares on the BSE.

Market Opening: Benchmark indices opened the trade on a positive note indicated by SGX Nifty futures, partly led by short covering as the market lost around a percent in the previous session.

The 30-share BSE Sensex gained 93.16 points at 34,438.07 and the 50-share NSE Nifty rose 32.60 points to 10,463.

The nifty Midcap index gained 77 points.

Jet Airways, Shalimar Paints, ENIL and Bharat Forge fell up to 5 percent.

Click here to get Free Commodity Tips

L&T Infotech, IGL, Jain Irrigation, Natco Pharma, Eros International, Rupa, PNC Infratech, KPIT Technologies, Strides Shasun, Reliance Communications and NIIT Technologies gained up to 5 percent.

Rupee and Bond: The Indian rupee recouped some losses in morning trade on Thursday following the recovery in other currencies globally.

The rupee gained 10 paise at 68.32 against the US dollar against the previous close of 68.42.

The 7.17% 2028 government bond yield opened at 7.83 percent, down 2 basis points from 7.85 percent in the previous session.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Nifty breaks 10,500; SBI lifts PSU Bank over 3%, metals lose shine

Market Live: Nifty breaks 10,500; SBI lifts PSU Bank over 3%, metals lose shine. Asian stocks traded lower after US President Donald Trump's dissatisifed with the latest round of trade talks with China.

Asian stocks traded lower after US President Donald Trump's dissatisifed with the latest round of trade talks with China.

Market Update: The market remained mildly under pressure, with the Nifty falling below the 10,500 levels following weakness in global stocks.

Click here To know about the  Best Stock Advisory India

Metals, oil stocks and HDFC twins pulled the market lower, but SBI, ICICI Bank, Tata Motors and technology stocks capped losses.

The 30-share BSE Sensex declined 66.52 points to 34,584.72 and the 50-share NSE Nifty slipped 38 points to 10,498.70 while the Nifty Midcap index outperformed frontliners, trading flat.

About three shares advanced for every two shares falling on the BSE.

Crude Update: Oil prices traded lower on hopes that OPEC may raise supplies as early as June, but geopolitical risks remained.

Brent crude futures, the international benchmark for oil prices, dipped 0.63 percent to $79.07 a barrel. In last week, it hit $80.50 a barrel, the highest since November 2014.

US West Texas Intermediate (WTI) crude futures fell 0.39 percent to $71.92 a barrel.

Rupee Update: The rupee recovered a bit from opening lows, falling 12 paise to 68.16 against the US dollar.

It declined 25 paise to hit a fresh 16-month low of 68.29 per dollar in opening trade ahead of the minutes of US Federal Reserve's last policy meet scheduled to be released later in the day.

The greenback strengthened against most global currencies as investors await hints on the pace of further US monetary tightening amid sustained capital outflows, forex dealers said.

Weakness in the domestic stock market and demand for the US currency from importers also weighed on the rupee, they added.

Yesterday, the rupee had gained 8 paise to close at 68.04  against the US dollar on fresh selling of the American currency by  banks and exporters.

Fuel at Record High: Petrol & diesel prices reached to new record highs after further increase in prices by oil retailers HPCL, BPCL and IOC.

Petrol price increased by 29 paise to Rs 84.99 per litre and diesel price by 28 paise to Rs 72.76 per litre in Mumbai.

Brent crude futures, the international benchmark for oil prices, traded above $79 per barrel.

Benchmark indices started off trade on a flat note on Wednesday despite weakness in Asian peers.

The 30-share BSE Sensex declined 24.59 points to 34,626.65 and the 50-share NSE Nifty slipped 15.70 points to 10,521.

Tata Motors, HCL Technologies, SBI, TCS, Infosys, Indiabulls Housing Finance and Tech Mahindra are early gainers.

Click here to get Free Commodity Tips

Vedanta declined 4 percent. IOC, HPCL and BPCL dropped over a percent.

Nifty Midcap index was down 19 points.

Andhra Bank declined 3 percent.

Care, Minda Industries, L&T Technology, Gravita, Music Broadcast, PC Jeweller, Ashok Leyland, Bharat Forge and Muthoot Finance gained up to 5 percent.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex trades higher, Nifty reclaims 10,550; Midcap index also rebounds

Market Live: Sensex trades higher, Nifty reclaims 10,550; Midcap index also rebounds. Asian markets were subdued, shrugging off gains seen on Wall Street as recent US-China trade tensions cooled.

Asian markets were subdued, shrugging off gains seen on Wall Street as recent US-China trade tensions cooled.

Fuel Prices at Record High: Petrol & diesel prices in India are at record high levels as the government has consistently been raising fuel prices after Karnataka elections outcome.

Click here To know about the  Best Stock Advisory India

Petrol price increased by 30 paise to Rs 84.70 per litre and diesel by 27 paise to Rs 72.48 per litre in Mumbai.

Brent crude futures, the international benchmark for oil prices, traded above $79 a barrel.

Market Update: Benchmark indices gained strength after early consolidation, with the Sensex rising 121.28 points to 34,737.41.

The Nifty rose 39 points to 10,555.70, backed by HDFC twins and ICICI Bank.

The market breadth also improved as about 1,053 shares advanced against 785 declining shares on the BSE.

Crude Update: Oil prices rose amid worries that Venezuela's crude output could drop further following a disputed presidential election in the country and with potential sanctions on the OPEC-member.

Brent crude futures were at $79.38 per barrel, up 0.20 percent, from their last close. Brent broke through $80 for the first time since November 2014 last week.

US West Texas Intermediate (WTI) crude futures were at $72.44 a barrel, up 0.28 percent from their previous settlement, reports CNBC.

Market Opening: Benchmark indices started off trade on a flat note, tracking mixed trend seen in Asian stocks.

The 30-share BSE Sensex was up 30.63 points at 34,646.76 and the 50-share NSE Nifty rose 15.30 points to 10,532.

Click here to get Free Commodity Tips

Coal India, ONGC, NTPC and BPCL were early gainers while Bharti Airtel, Lupin, SBI, Bharti Infratel, Grasim, M&M and Hindalco Industries were under pressure.

Nifty Midcap index was down 9 points.

Just Dial, Motilal Oswal, Triveni Engineering, Intellect Design, ACE and Astrazeneca gained up to 5 percent.

Mahanagar Gas, Globus Spirits, Redington, DLF, Future Retail, Hatsun Agro, Jet Airways, Canara Bank, Bank of India, Bank of Baroda and IFCI were down up to 6 percent.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Nifty consolidates; Indostar debuts with 5% premium, TCS & UltraTech top gainers

Market Live: Nifty consolidates; Indostar debuts with 5% premium, TCS & UltraTech top gainers. Asian markets traded higher as developments in US-China talks took positively by analysts.

Market Update: Benchmark indices are rangebound as investors shifted their focus from Karnataka to the movement in crude oil prices and rupee.

Click here To know about the  Best Stock Advisory India

The 30-share BSE Sensex was down 38.99 points at 34,809.31 and the 50-share NSE Nifty fell 20.30 points to 10,576.10.

About 1,203 shares declined against 764 advancing shares on the BSE.

Market Update: Benchmark indices continued to consolidate as investors after digesting the Karnataka government formation started focusing on corporate earnings, movement in crude oil prices and rupee.

The Sensex is inching towards 35,000 levels while the Nifty firmly traded above 10,600 levels while the Nifty Midcap index is off its early lows.

The Sensex was up 42.77 points at 34,891.07 and the Nifty gained 7.80 points at 10,604.20.

UltraTech Cement is top gainer among Nifty50 stocks, rising 2 percent but Century Textiles fell 5 percent after cement business deal.

Market Opening: Benchmark indices started off trade marginally higher, following the positive trend in Asian stocks. Investors digested final outcome of Karnataka election.

The Sensex was up 78.21 points at 34,926.51 and the Nifty gained 13.50 points at 10,609.90.

SBI gained 1.5 percent after Bhushan Steel-Tata Steel deal. ICICI Bank was up 1 percent.

UltraTech Cement was up 1.6 percent and Century Textiles fell 8 percent after cement business deal.

HPCL, TCS, Hindalco Industries, Coal India, Grasim Industries

Indiabulls Housing Finance, Bajaj Finance, Maruti, Infosys, Axis Bank, Wipro, ITC, Hero Motocorp and Sun Pharma were under pressure.

The Nifty Midcap index was down 55 points.

Kitex Garments plunged 16 percent post disappointing earnings. Amara Raja Batteries, Capcite Infra, Balaji Telefilms, Future Lifestyle, Thermax, Ashok Leyland, Strides Shasun, Crompton Consumer, and Inox Wind fell up to 5 percent.

Click here to get Free Commodity Tips

Rupee Update: The Indian rupee declined on Monday. It has opened lower by 11 paise at 68.12 per dollar versus 68.01 Friday.

According to Motilal Oswal, rupee, on Friday, consolidated in a narrow range as most market participants were cautious ahead of the important floor test in state elections of Karnataka. Despite the impact of state elections are expected to be short-lived, the rise in global crude oil prices will continue to drive currency in the short term. Higher crude oil prices and political risk premium could keep the rupee under pressure.

Consistent fund outflows by FIIs in equity and debt segment will continue to weigh on the rupee. Volatility for the currency has been restricted in the past few sessions on the back of suspected RBI intervention. Latest RBI data showed India's FX reserves for the week ended May 11, fell by USD 1.2 billion to USD 417.7billion.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Petrol, diesel prices continue to surge post Karnataka pre-poll hiatus

Petrol, diesel prices continue to surge post Karnataka pre-poll hiatus. Petrol prices remain highest in Mumbai at Rs 83.45 per litre with the surge of 29 paise.

Petrol prices remain highest in Mumbai at Rs 83.45 per litre with the surge of 29 paise

Click here To know about the  Best Stock Advisory India

The surging trend in fuel price, which started soon after the Karnataka polls, continued on Friday. The prices of petrol and diesel have been increased by 29 paise per litre.

In the National Capital, the petrol price has been hiked to Rs 75.61 per litre from Rs 75.32 while diesel rates were increased to Rs 67.08 per litre from Rs 66.79, according to a price notification issued Indian Oil.

Petrol prices remain highest in Mumbai at Rs 83.45 per litre with the surge of 29 paise. Diesel price touched Rs 71.42 per litre in the financial capital.

In case of highest diesel price, Hyderabad remained on top with price Rs 72.91.

These tally came a day after a brokerage firm asserted that Rs 4 per litre increase in petrol and diesel prices is in the offing if state-owned fuel retailers are to return to pre-Karnataka poll hiatus margin levels.

Soon after Karnataka polled to elect a new government, state-owned Indian Oil Corp (IOC), Hindustan Petroleum Corp (HPCL) and Bharat Petroleum Corp (BPCL) on Monday ended a 19-day hiatus in revising petrol and diesel prices and reverted to the practice of changing rates on a daily basis.

Click here to get Free Commodity Tips

"Our computation suggests that downstream oil marketing companies (OMCs) are required to increase retail prices of diesel by a steep Rs 3.5-4 a litre and gasoline (petrol) by Rs 4-4.55 per litre in the coming weeks to earn normative gross marketing margins of Rs 2.7/litre," Kotak Institutional Equities said in a report.

The increase is based on assumption that global price of diesel and petrol and Rupee-US Dollar exchange rate remain stable hereon.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Everything you should know about Bucherer's one-of-a-kind Rs 13 crore Harley Davidson bike

Harley Davidson Blue Edition was unveiled in Zurich priced at a whopping Rs 13 crore, reportedly, making the most expensive bike on the planet.

Harley Davidson Blue Edition was unveiled in Zurich priced at a whopping Rs 13 crore, reportedly, making the most expensive bike on the planet.

Click here To know about the  Best Stock Advisory India

• Harley Davidson's Blue Edition is a result of a collaboration of precision of Bucherer watchmakers and jewellers and the expertise of Bündnerbike who specialise in modification and customisations of Harley Davidson bikes.

• Priced at Rs 13 crore or $1.88 million, it is studded with nearly 360 diamonds. The bike is based on Softail Slim S and it took engineers 2,500 hours to make and assemble each piece by hand. Fittingly, only one such marvel has been constructed.

• “Every metal element found on this one-of-a-kind motorcycle has been produced, welded, beaten, ground, and polished by hand,” Bucherer said.

• Not surprisingly, it gets its name because the bike has been coated in six coats of different colours layered atop each other, with blue being the outer layer. The tank gets a custom “Harley-Davidson” script above the “BLU/EDITION” logo shared by Bucherer’s other 17 high-end watches in the Blue Edition collection.

• There are two ‘safes’ on each side of the tank. The right-hand safe contains a unique Carl F. Bucherer watch based on the Patravi TravelTec II. The left-hand safe contains a Solitaire Heaven ring with a flawless 5.40 carat diamond from Bucherer Fine Jewellery. Also included are five specially crafted pieces from Bucherer Fine Jewellery’s Dizzler ring collection, featuring 360 diamonds (32.962 carats in total).

Click here to get Free Commodity Tips

• The bike sports 1888 cc V-twin engine which delivers 100 hp power and a maximum speed of 188.8 kmph. The bike weighs 388 kg. It can only be started by scanning your finger. 

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex down over 100 pts; Bajaj Finance extends gains, Bajaj Auto top gainer

Market Live: Sensex down over 100 pts; Bajaj Finance extends gains, Bajaj Auto top gainer. While Indian rupee opens lower at 67.77 per dollar.

Market Update: The market extended opening losses, continuing correction for the fourth consecutive session amid higher crude oil prices, the weak rupee.

Click here To know about the  Best Stock Advisory India

The Sensex has broken 35,000 levels, down more than 181 points at 34,968.12 and the Nifty declined 47.20 points to 10,635.50 while the Nifty Midcap was down half a percent.

HDFC Bank, ITC, Reliance Industries, ICICI Bank, L&T and Infosys are pushing the market lower while Bajaj Auto gained 2 percent ahead of March quarter earnings due later in the day.

Crude Oil Update: Oil prices held firm on strong demand, ongoing supply cuts led by producer cartel OPEC and looming US sanctions against major crude exporter Iran.

But markets remained below multi-year highs from the previous day as surging output from the United States is expected to offset at least some of the shortfalls.

Brent crude futures were at $79.53 per barrel, up 0.29 percent from their last close. Brent broke through $80 for the first time since November 2014 on Thursday.

US West Texas Intermediate (WTI) crude futures were at USD 71.62 a barrel, up 0.18 percent from their last settlement, reports CNBC.

Market Opening: Benchmark indices started off Friday's trade mildly lower despite most Asian stocks traded in the green.

The 30-share BSE Sensex was down 59.51 points at 35,089.61 and the 50-share NSE Nifty fell 17.90 points to 10,664.80.

Indian rupee opens lower at 67.77 per dollar

The Indian rupee opened lower by 7 paise at 67.77 per dollar on Friday versus 67.70 yesterday.

According to Motilal Oswal, the rupee continued to consolidate in a narrow range for the second successive sessions but traded with a slight negative bias following broad strength in the dollar and as US 10-year yield continued to rise.

On the domestic front, FIIs continued to remain net sellers in the equity and debt segment and yesterday sold another USD 258 million. In the last one month, FIIs have sold funds worth USD 2.5 billion and the cumulative sell figure for this financial year stands at USD4.9 billion.

The economic calendar on the domestic front is muted and that could keep the volatility for the rupee confined to a narrow range. For the day, the rupee is expected to quote in the range of 67.60 and 68.20, it added.
 

Sun Pharma, Bajaj Finance, Bajaj Auto, Tech Mahindra, Yes Bank, Eicher Motors, ONGC, Coal India, Lupin, Vedanta and Power Grid were early gainers.

Click here to get Free Commodity Tips

IOC, HPCL, BPCL, Wipro, Indiabulls Housing Finance, Cipla, UltraTech Cement, ICICI Bank and Asian Paints were under pressure.

The nifty Midcap index was down 70 points. Voltas, Central Bank of India, Jyothy Labs, SRF, Crompton Consumer, TVS Motor Company, Biocon and Balkrishna Industries fell up to 5 percent.

JK Tyre, Reliance Communications, Reliance Power, Future Consumer, Future Enterprises, HDIL, PC Jeweller and Edelweiss Financial rallied up to 17 percent.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex, Nifty off opening highs; all sectoral indices in the green barring metals

More than 60 companies are declaring their results for quarter ended March later today.

Market Update: The market consolidates, trading mildly higher as all sectoral indices are in the green barring metals.

Click here To know about the  Best Stock Advisory India

The Nifty50 is hovering around 10,750 levels while the Nifty Midcap index is up fourth of a percent.

The market breadth remains strong as about two shares gained for every share falling on the BSE.

Tata Steel and Hindalco are top losers among Nifty50, down 2 percent each while TCS, HDFC Bank and ICICI Bank continue to support the market.

Buzzing: Shares of Granules India rose 2.3 percent as the company received USFDA approval for Methylergonovine tablets.

The USFDA has approved company’s abbreviated new drug applications (ANDA) for Methylergonovine 0.2 mg tablets.

The ANDA was filed by Granules Pharmaceuticals Inc., a wholly owned subsidiary of Granules India. The approved ANDA is the bioequivalent to the reference listed drug product, Methergine 0.2 MG.

Methylergonovine is a semi-synthetic ergot alkaloid used for the prevention and control of postpartum haemorrhage.

Rupee Update: The Indian rupee extended opening gains, trading 18 paise higher at 67.61 against the US dollar.

The 30-share BSE Sensex is off its opening high, rising 51.85 points to 35,439.73 while the 50-share NSE Nifty gained 18.70 points at 10,759.80.

The market breadth was positive as about two shares gained for every share falling on the BSE.

Market Opening: Benchmark indices rebounded following confirmation that BJP is forming government in Karnataka.

The 30-share BSE Sensex was up 112.77 points at 35,500.65 and the 50-share NSE Nifty gained 29.90 points at 10,771.

Click here to get Free Commodity Tips

Tata Steel, Vedanta, TCS, Wipro, Tata Motors, ITC and SBI were early gainers while Cipla, HPCL, BPCL and Lupin were losers.

Nifty Midcap was up 0.3 percent.

Divis Labs, Transport Corporation, Future Consumer, Future Enterprises, Colgate, Parag Milk Foods, JK Lakshmi Cement, BEML, Jyothy Labs, HEG and Delta Corp gained up to 5 percent.

TVS Motor, Muthoot Finance, Brigade Enterprises, Punjab & Sind Bank, Muthoot Finance, Century Plyboards and Career Point fell up to 10 percent.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Nifty extends losses, Sensex falls over 200 pts; Bank index dips 1%

Most Asian stocks traded lower following a down day for Wall Street as the US 10-year Treasury yield rose to 3.09 percent overnight.

Market Update: Benchmark indices extended losses in morning, with the Sensex falling 238.81 points to 35,305.13 and the Nifty declining 77.80 points to 10,724.10.

More than two shares declined for every share rising on the BSE.

Click here To know about the  Best Stock Advisory India

Buzzing: Shares of Punjab National Bank (PNB) touched a 52-week low of Rs 76.10, falling 12 percent in the early trade post weak numbers posted by the company for the quarter ended March 2018.

The company has reported a net loss of Rs 13,416.91 crore for the fourth quarter ending March 2018.

The profit was dragged by a three-fold surge in provisions towards bad loans, which was taken upfront during the quarter.

In the same quarter a year ago, the bank had turned around due to write-back in pension provisions to report a profit of Rs 261.9 crore as against a massive loss of Rs 5,367.1 crore in March-end quarter 2016.

Total hit to PNB on account of the Nirav Modi-scam is Rs 14,356.84 crore. This includes unauthorized letters of undertaking and domestic loan.

Due to high provisions, the capital adequacy ratio (CAR) dipped to 9.2 percent, below the minimum of 11.5 percent laid down by Basel-III norms.

The banks total net worth fell below the amount of non-performing loans.

Rupee Update: The Indian rupee recovered sharply after opening 7 paise lower, trading higher by 18 paise at 67.89 against the US dollar.

Rupee Update: The Indian rupee slipped further on Wednesday. It has opened lower by 7 paise at 68.14 per dollar.

Click here to get Free Commodity Tips

In the previous session rupee ended at 68.07 (down 56 paise from Monday's close), the lowest level since January 2017 post-BJP fell short of a clear majority in Karnataka.

Anand James, Chief Market Strategist at Geojit Financial Services said, "With food and fuel prices pushing CPI higher, rupee’s weakness has hastened, sinking to a 16-month low. Political uncertainty after the Karnataka elections also did not help."

"RBI’s recent minutes had also revealed a hawkish bias, and the firm inflation now agrees with the same. To this end, oil’s trajectory for the rest of the month and trade balance figures for April would be crucial as market weighs RBI’s take on the rates," he added.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex up 350 pts, Nifty reclaims 10,900 as BJP leads in Karnataka

Sensex up 350 pts, Nifty reclaims 10,900 as BJP leads in Karnataka. Benchmark indices extended rally as the latest vote counting trend shows that BJP is leading in 112 seats, Congress in 61 seats and JDS in 45.

Market Update: Benchmark indices extended rally as the latest vote counting trend shows that BJP is leading in 112 seats, Congress in 61 seats and JDS in 45.

Click here To know about the  Best Stock Advisory India

The 30-share BSE Sensex was up 351.17 points or 0.99 percent at 35,907.88 and the 50-share NSE Nifty rose 93.30 points or 0.86 percent to 10,899.90.

Emkay on CPI Inflation: After a softening trend of inflation in Q4FY18, Apr’18 witnessed a sharp reversal in overall inflation, both at wholesale and retail levels. CPI inflation rose to 4.6 percent while WPI too picked up momentum with 3.2 percent print.

Core inflation increased sharply, and with currency depreciation and rise in commodity prices, the research house expects input cost inflation to also rise substantially. In the last 5 months, urban core inflation has increased at a much faster pace than rural CPI. Lower food inflation and rising rural core inflation are indicating that the rural distress has not yet abated completely.

"Rise in core inflation and increasing upward risk to overall CPI (our expectation is 5.4-5.8 percent for FY19) is likely to prompt RBI to withdraw its Aug’17 25bps rate cut. However, we expect RBI to maintain status quo in Jun’18 policy while turning slightly more hawkish."

Market Outlook: VK Vijayakumar, Chief Investment Strategist at Geojit feels if BJP succeeds in gaining simple majority that will be a major morale boost for the ruling party and very positive for the markets. It is clear from early trends that BJP is making good gains at the expense of Congress.

If this trend continues the markets will gain further strength.

But the upside will be capped because there are some major headwinds in the form of high crude prices. The middle east situation has turned very volatile following the killing of 55 Palestinians yesterday. The crude is likely to remain high or even go up. This will impact India's CAD which might touch 2.4 percent of India's GDP. Inflation will inch up and the RBI is likely to turn hawkish for June's monetary policy. These headwinds will cap the upside to the markets, he said.

The reaction to the election result will be short-term and the economic trends will dictate the direction of the market going forward, he feels.

Market Update: The market is trading strong in morning despite weakness in Asia, as the vote counting trend shows that BJP is leading in Karnataka. So far, the BJP is leading with 107 seats, Congress is leading in 62 seats and JDS in 46 seats.
 

Click here to get Free Commodity Tips

The 30-share BSE Sensex was up 275.33 points at 35,832.04 and the 50-share NSE Nifty rose 72.60 points to 10,879.20 while the market breadth remains strong as about two shares advanced for every share falling.

HUL gains over a percent after reporting volume growth of 11 percent in Q4 and better-than-expected earnings.

The Nifty Midcap is trading in line with frontliners while all sectoral indices are in the green barring Auto.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex gains strength, Nifty holds 10,800 ahead of Karnataka election results

Market Update: The market is trading in a tight range of around 20 points on the Nifty. Traders prefer to await Karnataka elections results before taking any big positions as exit polls announced on Saturday indicated hung assembly.

The 30-share BSE Sensex was up 61.10 points at 35,596.89 and the 50-share NSE Nifty rose 17.90 points to 10,824.40.

Click here To know about the  Best Stock Advisory India

All sectoral indices are in the green barring Auto and IT.

HDFC twin, ITC continues to support the market while ICICI Bank, Infosys, TCS, Tata Motors are under pressure

Canara Bank rebounds sharply from opening lows despite it posted a loss of Rs 4,860 cr in March quarter due to a spike in provisions and NPAs.

Rupee Update: The rupee strengthened by 9 paise to 67.24 against the dollar on fresh selling of the US currency by exporters and banks amid a higher opening in the domestic equity market.

Forex dealers attributed the rise in the rupee to the weakness of the dollar against other currencies overseas.

However, industrial output growing by 4.4 percent in March, the slowest in five months, capped the rupee gains, they added.

On Friday, the rupee had settled almost flat at 67.33 against the US currency in highly volatile trade amid weak dollar cues.

Market Outlook: Shubham Agarwal, CEO & Head of Research at Quantsapp Private Limited said positive momentum in the market continues with the Nifty inching higher by 1.7 percent week-on-week. Bank Nifty outperforms Nifty, gaining 2.72 percent on a weekly basis.

Nifty May series option data suggests the highest congestion placed at 11,000CE, with open interest (OI) of 59 lakh shares, and 10,500PE, with OI of 63 lakh shares, indicating a broader trading band with a faraway resistance and closer interim support base.

With state elections around the corner, intra-week volatility was seen in the market. On a weekly basis, Put accumulation of over 15 lakh shares was witnessed in 10,700 to 10,500 strikes indicating strong base formation.

Short covering in 10,700 and 10,800 strikes provided a momentum boost to the market. On an immediate basis, major resistance remains at 11,000.

Based on exit polls, indecisiveness in the market should remain till the results are declared. This should get reflected with VIX in the 13-15 percent range.

Benchmark indices started off the week on the quiet note after Karnataka exit polls that indicated hung assembly. Investors prefer to wait for Karnataka elections results due on Tuesday.

The 30-share BSE Sensex was up 31.27 points at 35,567.06 and the 50-share NSE Nifty rose 12 points to 10,818.50. 

Click here to get Free Commodity Tips

HPCL, BPCL, IOC, Sun Pharma, HUL, Titan Company, Hero Motocorp and HDFC were early gainers.

Tata Steel, Infosys, SBI, HCL Technologies, Coal India and Asian Paints were losers in early trade.

Tata Global Beverages, Allahabad Bank, and UCO Bank fell up to 4 percent.

Allcargo Logistics, Patel Integrated, Gati, VST Tillers, Sun TV, Gujarat Gas and Canara Bank rallied up to 7 percent.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.

Market Live: Sensex extends lead to over 100 points, Bank Nifty trades higher; midcaps up

Midcaps have begun the day on a positive note, gaining over 0.3 percent on the index. Meanwhile, strength is visible in metals and IT stocks as well.

Shares of Mphasis touched a 52-week high of Rs 1,121.90, adding 12.5 percent post company reported stellar numbers for the quarter ended March 2018.

The company registered 29 percent jump in its consolidated profit to Rs 237.67 crore in the quarter ended March 31, 2018, against Rs 184 crore in the same quarter last fiscal.

Click here To know about the  Best Stock Advisory India

The revenue from operations rose by 15.8 percent to Rs 1744.48 crore versus Rs 1505.93 crore.

The company board has considered and approved the recommendation of a dividend of Rs 20 per equity share of Rs 10 each for the financial year ended March 31, 2018.

The market is back at the day’s high points, with Sensex gaining over 100 points, while the Nifty clocked 10,750. Midcaps have maintained their uptrend, but among sectors, PSU banks and infra names are trading in the red. Metals, IT and energy names are trading in the green. PC Jeweller has erased all of its gains and is seeing some volatility. Asian Paints, ICICI Bank, and HPCL have gained the most, while Bharti Airtel, Sun Pharma and Hero MotoCorp are among the top losers.

Shares of PC Jeweller gained more than 18 percent in the opening trade on Friday as the company board approved the proposal of share buyback.

The board of PC Jeweller Thursday approved a proposal to buy back 1.21 crore shares at Rs 350 a piece, which translates into a premium of 67 percent from Thursday’s closing price of Rs 209.

As per March quarter-end data, the promoters hold around 57.63 percent stake in the company. LIC holds about 1.93 percent. The board noted that the promoters and promoter group of the company will not participate in the proposed buy back in a statement to the exchange.

Equity benchmarks have begun the day on the right foot, with the Sensex gaining over 100 points, while the Nifty clocked 10,750 during the morning trade.

The Sensex is up 132.32 points at 35378.59, while the Nifty is up 43.30 points at 10759.80. The market breadth is positive as 518 shares advanced, against a decline of 347 shares declined, while 63 shares have remained unchanged.

Midcaps have begun the day on a positive note, gaining over 0.3 percent on the index. Meanwhile, strength is visible in metals and IT stocks as well. Asian Paints, Tata Steel, and Titan are the top gainers, while Bharti Airtel and Sun Pharma have lost the most.

Rupee opens higher: The Indian rupee gained in the early trade on Friday. It has opened higher by 16 paise at 67.15 per dollar versus 67.31 yesterday.

Market participants will be keeping an eye on industrial production number; the expectation is that the growth could be slower in March compared to the previous month. For the day, the USD-INR pair is expected to quote in the range of 67.10 and 67.60, said Motilal Oswal.

Click here to get Free Commodity Tips

Crude Update: Oil prices on Friday dipped away from multi-year highs reached the previous session on hopes that alternative supplies could replace a looming drop in Iranian exports when US sanctions against Tehran are re-imposed.

The United States plans to re-introduce sanctions against Iran, which produces around 4 percent of global oil supplies, after abandoning an agreement reached in late 2015 that limited Tehran's nuclear ambitions in exchange for removing US-Europe sanctions, reported Reuters.

-----------------------------------------------------------------------------------------------------------------------------

For More Information regarding Stock market news updates &  Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.