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Market Watch Market View 07 sep 2017

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Equity tips:- NIFTY :-     Nifty finds strong support @ 9861 which was the low for the last 3 days while 9984 will act as Resistance.Bank Nifty also finds strong support around 24200 while 24500 will act as resistance on the upside. Buzzing Stocks Reliance Industries to acquire assets of Kemrock Industries foraying into new materials business. The stock will turn ex-bonus today. The F&O lot size is 1,000. Sagar Cement consolidated production grew 19.9 percent to 1,91,708 Mts while sales grew 15.3% to 1,99,216 Mts. Sasken Technologies received NCLT nod for the merger of Sasken Network Engineering with itself. LIC reduces stake in Raymond by 2.01%. Just Dial new entrant in F&O Ban. NHAI awards Myanmar contract to Punj Lloyd JV. Bharat Forge says North America class 8 truck sales for August at 20,683 units versus 14,078 units last year (18,255 units in July). NBCC won an order worth Rs 464 Cr from the government. HCL Infosystem acquired assets worth 3.25 mn po

Equity Report Outlook|24 carat financial services | 5 September 2017

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Equity tips:- NIFTY :- Nifty settles tad above 9,950; Sensex ends at 31,809  Nifty closed at 9,952 level, up by 39 points, while Sensex closed at 31,809 level, up by 107 points in Tuesday's trading session. There were 1,108 advances, 546 declines and 311 unchanged stocks on NSE, reflecting that bulls were in control of the market. Reliance posted five days gaining streak in Tuesday's trading session. The stock was the top contributor to the Nifty and Sensex gains. India VIX ended lower at 12.88, down by 2.1%.   In the broader markets, BSE Mid-cap index closed at 15,678 level, up by 0.63%. BSE Small-cap index outperformed the major indices, closed at 16,195 level, up by 1.03%.  Bank Nifty ended at 24,328 level, up by 91 points. Bank of Baroda was the top gainer in the index closed at Rs 138.6 per share, up by 1.32%.   BSE Telecom was the top losing index, which closed at 1,387 level, down by 1.62%. Idea was the top loser in the index ending at Rs 84.

Equity Report Outlook|24 carat financial services | 4 September 2017

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Equity tips:- NIFTY :- Markets end lower; Nifty holds 9,900   Nifty closed at 9,912 level, down by 61 points, while Sensex closed at 31,702 level, down by 189 points in Monday’s trading session. Infosys and HDFC Bank were the top contributors to the losses of the major indices.There were 583 advances, 1,102 declines and 319 unchanged stocks on NSE, reflecting that bears were in control of the market . Downfall in the markets may be attributed to the increased geopolitical tensions. In the broader markets, BSE Mid-cap index outperformed the major indices, closed at 15,580 level, down by 0.68%. BSE Small-cap index closed at 16,020 level, down by 0.68%. Bank Nifty ended at 24,212 level, down by 221 points. IndusInd Bank was the top loser in the index closed at Rs 1,662 per share, down by 1.79%. BSE telecom was the top losing index, which closed at 1,410 level, down by 1.32%. ITI was the top loser in the index ending at Rs 97.7 per share, up by 4.17%. BSE Metal was

Equity Report Outlook|24 carat financial services | 2 September 2017

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Equity tips:- Nifty settles near 10K; Sensex ends up by 161 points  Nifty closed at 9,974 level, up by 56 points while Sensex closed at 31,892 level, up by 161 points on Friday. There were 1,071 advances, 574 declines and 321 unchanged stocks on NSE, reflecting strong positive sentiments floating in the market. India VIX ended at 11.76 level, down by 1.58%.  Nifty Pharma index ended at 9,071 level, up by 212 points or 2.39% outperforming the major and broader indices in the market. Dr Reddy’s Lab was the top gainer in the index ending with gains of 9.46% at Rs 2,212 per share, while Divi’s Lab closed up by 2.02%. On the broader markets, BSE Mid-cap index closed at 15,679 level, up by 0.9%. BSE Small-cap index closed at 16,117 level, down by 0.78% Bank Nifty closed in the positive territory, up by 115 points or 0.48%. IDFC Bank was the top gainer on the index closing at Rs 57.1 per share, up by 4.1%.   Auto stocks were buzzing on the bourses after reporting their August 2

Equity Report Outlook|24 carat financial services | 1 September 2017

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Equity tips:- Nifty ends above 9,900 mark Markets ended in positive territory after a range bound intraday trade. Nifty ended gaining 33 points at 9,917 level and BSE Sensex closed higher gaining 84 points at 31,730 level. Wipro is the top Nifty gainer closing higher by 2.28% at Rs 297.85 per share. Reliance, HDFC and Maruti were the top index gainers in Thursday’s trade. Reliance Industries closed higher by 2.02% at 1,595 per share, HDFC closed higher by 1.11% at Rs 1,779 per share and Maruti Suzuki gained 1.67% at Rs 7,696 per share. BSE Mid-cap index closed higher by 0.22% at 15,539. BSE Small-cap index closed higher by 0.84% at 16,001. India VIX closed lower by 7.2% at 11.9. There were 974 advances, 656 declines and 332 unchanged stocks on NSE reflecting a positive undertone floating in the market.  Wipro, Maruti Suzuki and Tata Power are the top Nifty gainers, whereas Bosch, Bharti Infratel and Coal India are the top Nifty losers.  Defence stocks were buzzi