equity tips by 24 carat financial services 1

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Markets likely to open flat; services sector growth contracts in July

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Equity tips:- Indian equity markets are likely to open flat on Friday following mixed sentiments prevailing in Asian markets. The SGX Nifty, which was trading at 10,042 unchanged, hinting at a flat start for the day. Nifty50 has immediate support placed around level of 9,980 and the next support is seen around the level of 9,920. On the upside, resistance is seen around the level of 10,065 and the next resistance around the level of 10,100.  Key results for the day: Apollo Tyre, Arvind, Berger Paint, Dabur, EID Parry, Fortis, M&M, Hindustan Petroleum, GSFC and Repco Home. Back home, Indian markets ended lower for the second consecutive session on Thursday as private survey showed that India’s services sector contracted in July and slipped to its lowest level in nearly four years. The BSE Sensex fell 239 points to settle at 32,238 and the Nifty plunged 68 points to settle at 10,014. The US stocks closed mostly lower on Thursday, though the Dow In...
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Opening Bell - Nifty opens flat; Bank Nifty down by over 100 points

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Equity tips:- The BSE Sensex opened higher by 26 points at 32502, while the Nifty50 opened almost flat at the 10081 mark. Sun Pharma was top Nifty gainer trading at Rs 527.3 per share, up by 0.72% while Tata Steel was top Nifty loser trading at Rs 563.5 per share, down by 1.01%. There were 680 advances, 673 declines and 466 unchanged stocks on NSE reflecting mixed sentiments floating in the market. Bank Nifty index opened at 25002 level, down by 53 points and is now trading at 24935 level, down by 103 points. All the bank stocks have been trading in negative territory. Bajaj Electricals, CEAT, Colpal, Cummins India, HCC, IOC and Titan are the important companies which are going to announce their financial results for the quarter ended June 30, 2017. Rupee opened at 63.67 per US Dollar as against yesterday’s closing of 63.7 per USD. US stock displayed a mixed performance on Wednesday with the Dow finished above the important psychological 22,000 mark for ...
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Opening bell – Markets open at record high ahead of RBI’s policy outcome

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Equity tips:- Nifty opened at 10136 level, up by 22 points while Sensex opened at 32641 level, up by 66 points. Lupin was top Nifty gainer trading at Rs 1032.2 per share, up by 1.4% whereas ONGC was top Nifty loser trading at Rs 165.9 per share, down by 0.9%. Bank Nifty opened at 25190 level, up by 67 points and was trading at 25158 level, up by 39 points ahead of RBI  monetary policy decision. Punjab National Bank was top gainer in the index trading at Rs 159.1 per share, up by 1.02% ahead of its quarterly result. There were 893 advances, 532 declines and 498 unchanged stocks on NSE reflecting fairly positive undertone. The rupee opened at 64.12 per US Dollar. US stock-market indices closed higher on Tuesday with the Dow reached another new record closing high. The Dow Jones Industrial Average edged up 73 points to 21,964, the Nasdaq Composite Index surged 15 points to 6,363 and the S&P 500 rose 6 points to end at 2,476. Asian stocks were t...
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