IT Stocks Declined, Stock Market Wiped Off Early Gains

Share indices were sharply off the highs touched at open due to a fall in information technology giants Tata Consultancy Services and Infosys. While shares of Infosys wiped the gains due to mixed Oct-Dec earnings, those of TCS were down 2% as changes at the top management and headwinds for the sector led to concern about growth. Currently, Sensex is 58 points down at 27188 while NSE Nifty is 20 points down at 8386.

Asian market is comparitively higher than the the Indian stock market. Nikkei is leading the region with 131 points hike at 19266, Hang Seng is 92 points up at 22921 and Shanghai composite is just 4 points up at 3123.

Gainers: GAIL, ONGC, HDFC, Aurobindo Pharm, Tech Mahindra

Losers: TCS, Infosys, Hindalco, Idea Cellular, Tata Motors

Stock Market Volatile - Stocks In Focus Today

Benchmark indices gained for third consecutive session amid volatility, with the NSE Nifty hovering around 8400 level. Technology, infra and private banks continued in support of the market whereas metals stocks, FMCG and Pharma were under pressure. The BSE Sensex rose 80.85 points to 27221.26 and the NSE Nifty gained 15.90 points at 8396.55 while the broader markets were moderately lower on weak breadth. About 1156 shares declined against 970 advancing shares on the BSE.

Infosys rallied more than 2 percent after US president-elect Donald Trump in his press conference yesterday did not say anything on H1B Visa Reform bill and ahead of December quarter earnings on Friday afternoon. Healthcare stocks like Lupin, Sun Pharma and Dr Reddy's Labs, which have high exposure to US market, fell over a percent after Donald Trump says pharma companies are getting away with murder, also implying more aggressive bidding and likely to lower down the prices of drug.

Stocks In Focus Today: TCS, MRF, Biocon and NTPC are the stocks that will remain in focus today.

MCX News: MCX Gold has moved 57 points up at 28357 while Silver has hiked 71 points at 41079. Crude Oil has dropped 31 points sharply at 3558 and Cotton has declined 50 points at 20360.

Drop in Rupee Beneficial for IT Sector & Short Term Have Good Returns

Companies like TCS, HCL, Infosys and SunPharma earns in Dollar from foreign countries and drop in Indian Rupee is befitting these companies. In last 20 days, Sensex has been broken down by 8.5% and there is no possibilities to recover it soon. In such conditions, investment for short term can give better returns. Fall in Rupee would also be beneficial for the Export companies and commodities.

Stock Falling Commodity Rising

The third quarter profit of Infosys has increased by 2% with the increment of 1.5% in total income. Rupee dropped by 13 paisa against the Dollar and went around 67 Rupees. In NSE, except IT and Pharma all other sectors are trading under the red zone. Both Sensex and Nifty are moving down with the respective loss of 36.76 and 17.35 points. In Commodity Market, all the commodities are moving up with a positive sign. Gold live at 25934 with the hike of 199 and Silver live at 34254 with the hike of 83 points. Crude oil is also trading upwards with the rise 28 points.

Expert Advice to Buy Silver Mar For Target 34340 & Buy Zinc Jan for Target 101.30.

For latest market updates and Stock Commodity Tips, give us a missed call on 8359806896.

Stock Market Recovery, Enegry Sector Boosted up

On the Wednesday Noon Trade, After a comeback in European Market, Stock Market also gained recovery. Sensex hiked up by 480 points with the lead of 190 points. Nifty is moving up with the lead of 55 points. Tata Motors, Reliance, and Infosys are moving up with the pace of more than 3%. Reliance stocks hiked up to the top of last 18 months. Nifty Energy Sector is moving up with the gain of 1.5%. Currently, Sensex Live at 24900.11 and Nifty Live at 7574.25. 

Subscribe us, For the latest Market News, Expert Advice and Equity Trading Tips or Give us a Missed Call on 8359806896.

Real Time Stock Market Updates and Tips

Stock Market Updates 

The Stock Market opened Positive following the International trends. The Sensex is up by 196.45 points while Nifty up 55.95 points. 

The Indian rupee opened slightly higher at 62.77 per dollar on Tuesday. 

From Bullion segment – Gold prices continue to traded 3 months lows. 

Sensex traded at 28754.99 , High – 28,768.36 , Low - 28,545.43 

Nifty traded at 8723.85 , High – 8,730.70 , Low – 8,665.15 

Top Gainers - BHEL, Dr Reddy's Labs, Sesa Sterlite, ITC and Tata Power 

Top Losers - Cipla, Infosys and NTPC 

Stocks that are in News – Essar Group , DLF , JSPL , Amtek auto , Idea Cellular and MCX India 

Real Time Stock Market Tips

1. Hindalco : Buy – 129.6 , Target – 132.4 – 134.2 , SL – 125 

2. Amtek Auto : Buy – 156.7 , Target – 160.3 – 164.5 , SL – 151.7 

3. BHEL : Buy – 260.6 , Target – 263.2 , SL – 258.0 

4. Infosys : Sell - 2261.7 , Target – 2238.5 , SL – 2281.5 

Real Time Intraday Stock Tips

Stock and Commodity Market Updates

Live Stock Market Updates

Sensex and Nifty down by 65.59 points and 14.60 respectively on the first day of starting week. 

Sensex Closed on 28437.71 , High - 28,581.82 , Low - 28,384.09 

Nifty Closed on 8633.15 , High – 8,663.55 , Low - 8,612.00 

Top Gainers - Infosys, Tata Power and BHEL 

Top Losers - Sesa Sterlite, Hindalco, Bharti Airtel, NTPC and GAIL

Commodity Market Updates

Gold was stuck close to its most minimal in more than three months, compelled by a stronger dollar in front of a key Federal Reserve Policy meet not long from now that could allude to the timing of any climb in U.S. investment rates. 

Gold costs ticked on Monday as financial specialists took a gander at physical interest prospects however dollar quality keeps on weighing on the commodity. 

MCX silver progressed by 217 points in Friday's session. Price opened at 35442 and stayed in limited extent. In today's session so far price is up by 218 points. 

Crude oil costs fell pointedly on Monday as supply stresses weighed on assumption. In its nearly observed month to month oil business report discharged on Friday, the IEA cautioned that an oil-value recuperation stayed delicate in the midst of a generation bounce back in the U.S.

Real Time Commodity Tips

1. BUY LEAD At 111.70 T1- 113.00, T2- 114.00, T3- 115.00 with SL- 109.00 

2. BUY GOLD Above 25780.00 T1- 25820.00, T2- 25850.00, T3- 25900.00 with SL- 25770.00 

Real Time Stock Market Tips

Real Time Stock Market Updates and Tips

Stock Market Updates

Sensex and Nifty opened unvarying and aviation stocks are active on buyers Side in hope that government should launch new norms for flying internationals. 

Sensex traded at 28490.23 , High - 28,581.82 , Low – 28,420.27 


Nifty traded at 8647.15 , High - 8,663.55 , Low – 8,619.60 

Top gainers - Tata Power, Tata Motors, HDFC Bank, ITC and Dr Reddy's Labs 

Top Losers - Hindalco, NTPC, GAIL, Sesa Sterlite and Bharti Airtel 

Stocks that are in news: HDFC, L&T, SBI, Wipro, DLF, Jet, Zen Tech , Blue Star and RCF

Real Time Intraday Stock Tips

1. Infosys : Buy – 2228.5 , Target – 2246 , SL – 2218.5 

2. SBI : Buy – 282.75 , Target – 284.5 , SL- 280.5 

3. Suzlon Energy : Buy – 26.3 , Target – 26.7 , SL- 25.8 

4. ITC : Sell – 339.7 , Target – 337.8 , SL – 341.21 

Free Real Time Intraday Stock Tips

Latest News -

1. The government of India ready to build 12 smart city at each major port of India with the total investment of 50k Crore Union Minister Mr. Nitin gadkari said. 

2. This is the first annual Budget of this Government and people are expecting a lot from the Finance Minister, Salaried individuals need more TAX exemption, retired individual expect more tax free income while while student need subsidy on education loan. 

3. BSNL going to start 4G Services from September to give the tough competition to other companies. 

4. Infosys will be acquired small Start up companies in IT sectors says CEO of Infosys Vishal Sikka.  

5. PC Jewelers will start around 200 outlets in all over India till 2019 to expands it business.

Business News -

1. Gold and Silver show strong Openings but Crude oil fall in red Signal. 

2. Toshiba Logistics started to operate in India. 

3. Dollar index show negative movements which helps Gold to shine. 

4. Infosys going to buy Panaya for automation and delivery purpose this acquisition do great helps to Infosys in future. 

5. Petrol and Diesel prices increased; petrol by 82 paise and diesel by 61 paise pr liter.

Latest News -

1. Sensex, Nifty open dense - SBI is up 2 percent while ICICI Bank, Hero, Dr Reddy's Labs, and Sun Pharma. BHEL is down 5 percent and Coal India, ONGC, Infosys and M&M are losers in the Sensex. 

2. Shares of BHEL dragged over 6.5 percent intraday on Friday after its December quarter results disappointed the street. 

3. SBI will announce its Q3 earnings on Friday. Profit for the quarter is expected to jump 45 percent year-on-year to Rs 3,254 crore supported by treasury income, fee income and operating profit. 

4. Spice Jet flies deeper into red, Q3 net loss widens to Rs 275 crore which create negative movements in their shares. 

5. Agri Commodities opens strong, crude oil jump around 1.5%. 

6. Rupee opens 17 paise strong against dollar in market.