Sell-off continues as Sensex slides 300 pts; IT, Autos top losers

Nifty IT and Auto were biggest losers among sectoral indices while Metal (up 3 percent) and PSU Bank (up 2 percent) topped the buying list.

Market Update:

Bears tightened their grip on Dalal Street as benchmark indices continued to trade sharply lower amid rising crude oil prices, Italy's Budget plan woes and rupee volatility.

The 30-share BSE Sensex dropped 304.04 points to 36,222.10 and the 50-share NSE Nifty dipped 81.30 points to 10,927 but the market breadth remained positive.

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

Nifty IT and Auto were biggest losers among sectoral indices, falling around 1.7 percent each while Metal (up 3 percent) and PSU Bank (up 2 percent) topped the buying list.

Eicher Motors, M&M, Axis Bank, Bharti Infratel, TCS and UPL fell 3-6 percent followed by Reliance Industries, Infosys and Maruti Suzuki.

Bajaj Finance, Vedanta, Indiabulls Housing Finance, HPCL, Hindalco, BPCL and Yes Bank outperformed market, rallying 3-8 percent followed by IOC and SBI.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Sensex, Nifty off day’s low; Metal stocks surge

Equity benchmarks indices have bounced back from its day’s low points with Sensex trading 96 points down at 36,429 levels. 

Nifty was trading 42 points down at 10,965 levels. 

All sectoral indices, Nifty Metal was the best performing index, trading 2% up. On the flip side, Nifty auto index was trading 1% down. 

Market breadth was majorly positive on the NSE with 1,125 shares advancing, 582 points declining and 354 remaining unchanged.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Stocks in the news: PNB, DB Realty, Canara Bank, Cochin Shipyard, Kesoram Industries

Stocks in the news: PNB, DB Realty, Canara Bank,Cochin Shipyard, Kesoram Industries
IL&FS Financial Services: Company defaulted on 7 repayments between September 12 & 27.

Kesoram Industries received Karnataka government approval for acquisition of some 675 acres of land for Industrial purpose (Mining Activities).

DB Realty: Company to increase its stake in Neelkamal Realtors Tower Pvt. Ltd. (Project "One Mahalakshmi" at Mahalakshmi, Mumbai) and make it a wholly owned subsidiary of the company.

PNB: CBI filed case against directors & promoters of telecom company VMC Systems Private Ltd after complaint from the bank - CNBC-TV18.

Yes Bank: The bank confirms it is compliant with Schedule-II Corporate Governance of SEBI, saying it has no dealings with three sister family offices and denies window dressing of corporate accounts to hide NPAs.

Karnataka Bank: The bank in association with Bajaj Allianz General Insurance launched a unique QR Code based instant two wheeler insurance policy.

Canara Bank: Board decided to raise equity share capital amounting upto Rs 250 crore (Face Value), through qualified institutional placement (QIP) route, by issuing upto 25 crore equity shares of face value Rs 10 each, for an aggregate amount not exceeding Rs 6,000 crore.

Bank of Baroda: Fitch Ratings has placed bank's Viability Rating (VR) of 'bb' on Rating Watch Negative (RWN) following the announcement that the government plans to merge the India-based bank with two mid-sized state banks, Vijaya Bank and Dena Bank. Fitch has concurrently affirmed BoB's Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, Support Rating at '2' and Support Rating Floor at 'BBB-'.

DHFL has made early redemption of certain Secured Redeemable Non-Convertible Debentures (NCDs) issued by way of Private Placement and made the payment

For more information and free trading tips

WhatsApp:- +91 9977185444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

The Indian government on Wednesday hiked import duty on high-end consumer items

The Indian government on Wednesday hiked import duty on high-end consumer items including washing machines, air conditioner, footwear, diamonds, jet fuel as a part stabalise currency and to reduce current account deficit (CAD).

“The government has chosen consumer goods over capital ones, banking on the robust and resilient consumption growth over the past year. Given these are a small share of overall imports, the measures would help reduce imports by only USD 500 million (0.1% of total imports), which is quite small,”

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Sensex, Nifty rise after a choppy start; airline stocks tank on jet fuel duty hike

Among sectors, banks are trading in the red, while IT and pharmaceuticals are trading higher.

Market Update

Shares are trading marginally higher after seeing a negative move in the first few minutes of trade. The Nifty is trading around 11,050, while the Sensex is trading flat.

The Sensex is up 39.87 points or 0.11% at 36582.14, while the Nifty is higher by 4.00 points or 0.04% at 11057.80. 

The market breadth is narrow as 923 shares advanced, against a decline of 697 shares, while 68 shares were unchanged.

Asian Paints, Vedanta, Titan and UltraTech Cement were the top gainers, while Yes Bank, HDFC, Indiabulls Housing and Bajaj Finance have lost the most.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Indian rupee opens marginally higher at 72.47 per dollar

After a lower opening the Indian rupee is trading marginally higher by 4 paise at 72.47 per dollar.



Rupee opened lower at 72.55 per dollar versus previous close 72.51.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

CAPITAL BUILDER OPENING BELL:

CAPITAL BUILDER OPENING BELL: 







NIFTY UP BY 3.80 @ 11381.55,



BANKNIFTY DOWN BY 63.30 @ 26757,



SENSEX UP BY 74.68 @ 37660.19

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

क्रूड ऑयल प्राइस टुडे: कच्चे तेल में लौटी तेजी, MCX पर भाव 5000 के पार

कच्चे तेल की कीमतों में तेजी लौट आई है. वैश्विक बेंचमार्क ब्रेंट क्रूड का भाव 8 सेंट की मजबूती के साथ 78.17 डॉलर प्रति बैरल के आसपास है, जबकि नायमैक्स पर अमेरिकी कच्चे तेल के बेंचमार्क का भाव 9 सेंट की मजबूती के साथ 69.09 डॉलर प्रति बैरल के आसपास पहुंच गया है. वहीं घरेलू वायदा बाजार यानी MCX पर कच्चे तेल का भाव एक फीसदी से ज्यादा की तेजी के साथ 5,000 के पार पहुंच गया है.

हालांकि आज शुरुआती कारोबार में कच्चे तेल में गिरावट देखने को मिली थी. आज शुरुआती कारोबार में विदेशी बाजार में ब्रेंट का भाव करीब 16 सेंट की गिरावट के साथ 78 डॉलर के नीचे लुढ़क गया था. इसी तरह आज शुरू में WTI क्रूड का भाव 20 सेंट की नरमी के साथ 68.79 डॉलर प्रति बैरल पर आ गया था.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Market Live: Bears in control on D-Street! Sensex declines over 400 points, Nifty hovers around 11,400

Global markets are reacting to escalating trade war tensions, while a weak rupee is also weighing on indices.

Buzzing: Share price of Sterlite Technologies rose 3.3 percent as company doubled its optical fibre cable solutions capacity. The company announced the addition of 15 million fibre km to its optical fibre cabling capacity, doubling it to 33 million fibre km.

Equity benchmark indices extended losses in the afternoon session led by consumer durables, banking, oil & gas and PSU stocks, amid fresh weakness in the rupee and weak global cues.

Sensex dropped 429 points to 37,661 driven by losses in index majors HDFC twins, Reliance Industries, ITC, Infosys and ICICI Bank.

On the sectoral front, realty, IT and metal stocks showed some resistance.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Sensex breaks below 38,000, Nifty below 11,500; 5 factors weighing on market

Weak global cues, trade war fears and rupee's sharp fall, among others, are likely dragging the market lower.

The Sensex fell over 350 points while the Nifty saw a cut of over 100 points in the first 30-minutes of trade. The market breadth is negative as 607 shares advanced, against a decline of 965 shares, while 102 shares are unchanged.

Wipro, Sun Pharma, and HCL Technologies are the top gainers, while Axis Bank, State Bank of India, Titan and Indiabulls Housing have lost the most.

Here is a list of top factors which could be weighing on markets:

Weak Global cues:

A flat close on Wall Street and a muted trend seen in other Asian markets hinted at a weak opening for Indian markets. Wall Street ended mixed amid news of trade wars.\

Trade war Fears:

Media reports suggest that the U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters.

Rupee extends losses:

The Indian rupee extended its losses to 72.64 per dollar, down 79 paise, after it opened lower by 67 paise at 72.52 per dollar versus Friday's close 71.85.

Govt measures inadequate:

Over the weekend, the government announced a slew of measure to bring down current account deficit (CAD) and cap losses in the rupee. However, most experts feel that the measure outlined by the government might not be adequate.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Closing Bell: Sensex ends over 370 points higher, Nifty ends above 11,500; midcaps outperform

 

Market at Close: Thank God its' Friday indeed for investors as benchmark indices managed to close the week on a very strong note. The Nifty has ended above 11,500-mark.

At the close of market hours, the Sensex ended up 372.68 points or 0.99% at 38090.64, while the Nifty closed higher by 145.30 points or 1.28% at 11515.20.

The market breadth is positive as 1,797 shares advanced, against a decline of 834 shares, while 183 shares were unchanged.

Vedanta, Bharti Airtel, Indiabulls Housing and BPCL have gained the most, while Coal India, Infosys and HCL Tech have lost the most.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

गोल्ड रेट टुडे: डॉलर में नरमी से लौटी सोने-चांदी में चमक

GOLD UPDATE TODAY:

कमजोर डॉलर से सोने-चांदी में चमक लौट आई है. शुक्रवार को मल्टी कमोडिटी एक्सचेंज यानी MCX पर सोने का अक्टूबर वायदा भाव 120 रुपये या 0.39 फीसदी की तेजी के साथ 30,570 रुपये प्रति दस ग्राम पर था.

इसी तरह से MCX पर चांदी दिसंबर वायदा का भाव 157 रुपये या 0.42 फीसदी की मजबूती के साथ 37,218 रुपये प्रति किलोग्राम पर पहुंच गई.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Asian shares rise as China and US weigh fresh talks

Asian shares nudged higher on Friday as moves by the United States and China to resolve a bitter trade dispute and a sharp interest rate hike in crisis-hit Turkey supported global risk appetite.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent in early trade, following gains on Wall Street overnight.


Australian shares were up 0.5 percent, while Japan's Nikkei stock index gained 0.9 percent.

On Wall Street, the Dow Jones Industrial Average rose 0.57 percent on Thursday, the S&P 500 gained 0.53 percent and the Nasdaq Composite added 0.75 percent.

US crude was 0.4 percent higher at USD 68.88 a barrel as Hurricane Florence approached the US east coast. Brent crude also up 0.4 percent, to USD 78.48 per barrel.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Rupee recovers dramatically, pushes Sensex higher by 300 points; Nifty eyes 11,400

Rupee continues to surge: Rupee is trading near the day's high point, as it recovered 80 paise from its record low of 72.91 per dollar.

Currenly it is trading at 72.19 per dollar after hitting a day's high of 72.11 per dollar

KIOCL soars 11%: Shares of KIOCL soared over 11 percent after the company said it will be considering a buyback proposal at its Board Meeting on September 18, 2018. The Board of Directors will be meeting on that day to discuss the issue.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

सेंसेक्स टुडे | शेयर बाजार: तेजी के बाद गंवाई बढ़त, पावरग्रिड 3% चढ़ा

दो दिन की बड़ी गिरावट के बाद बुधवार को घरेलू शेयर बाजार हरे निशान के साथ खुले. हालांकि, बाजारों में अस्थिरता देखने को मिली. एशियाई बाजारों में सुस्ती और रुपये में कमजोरी ने बढ़त को कम कर दिया.

रुपया बुधवार को 72.87 के स्तर पर खुलने के बाद 72.92 पर आ गया. गुरुवार को गणेश चतुर्थी के उपलक्ष्य में शेयर बाजारों में छुट्टी है.

सुबह 9.30 बजे, बीएसई सेंसेक्स 68 अंक या 0.18 फीसदी की तेजी के साथ 37,481 पर था. निफ्टी 50 इंडेक्स 0.80 अंक या 0.01 फीसदी की नाममात्र की बढ़त के साथ 11,288 के स ..

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Sensex, Nifty hit intraday low

Market Update

Equity benchmarks continued to slide in the afternoon session with Sensex plunging 400 points, at 37,997 levels, and nifty plummeting 132 points at 11,456 levels.

Almost all indices on NSE were trading in the red, except IT, which is supported by rupee's sharp depreciation. Nifty PSU Bank, pharma, FMCG, and realty dragged markets, by declining nearly 2%. 

Nifty bank, auto, metal, media and Pvt bank were also trading ~1% down.

Axis Bank, HCL Tech, Infosys, and Cipla were the top gainers, while Bajaj Finserv, Sun Pharma, Bajaj Finance, Vedanta and Indiabulls have lost the most.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

गोल्ड रेट टुडे: शुरुआती कारोबार में सोने-चांदी में तेजी

सोमवार को शुरुआती कारोबार में सोने-चांदी की कीमतों में तेजी देखने को मिली है. ज्वेलर्स, औद्योगिक इकाईयों और रिटेलर्स की तरफ से मांग बढ़ने से सोने में मामूली तेजी देखने को मिली है. मल्टी कमोडिटी एक्सचेंज (MCX) पर सोने का अक्टूबर कॉन्ट्रैक्ट 76 रुपये या 0.25 फीसदी की तेजी के साथ 30,568 रुपये प्रति दस ग्राम पर पहुंच गया है.

बाजार में आज का सोने का भाव चेक करें

इसी तरह से MCX पर चांदी सितंबर 83 रुपये या 0.22 फीसदी की तेजी के साथ 37,250 रुपये प्रति किलोग्राम पर पहुंच गया. हालांकि ..

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

Asian shares on slippery slope as Trump ups ante in trade war

Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar held on to recent gains as US President Donald Trump raised the stakes in the heated trade dispute with China.

MSCI’s broadest index of Asia-Pacific shares outside Japan was last down 0.7 percent, piling on losses from last week when it dropped 3.5 percent for its worst weekly showing since mid-March.

Japan's Nikkei opened lower but quickly pared losses after revised second quarter gross domestic product data showed the world's third-biggest economy grew at its fastest pace since 2016.

Chinese shares were also down with the blue-chip index off 1 percent while Shanghai's SSE Composite stumbled 0.7 percent. Hong Kong's Hang Seng index slipped 0.9 percent.

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

CAPITAL BUILDER OPENING BELL

OPENING BELL: 

NIFTY DOWN BY 18.85 @ 11570.25 

BANKNIFTY DOWN BY 86.25@ 27395.20, 

SENSEX DOWN BY 39.86 @ 38349.96

For more information and free trading tips

WhatsApp:- +91 997 718 5444

Visit:- www.capitalbuilder.in

Connect with our social media sites

Facebook   Linkedin 

Read More

17 years on, Maruti still commands 50% share of Indian car market

Renault could not meet the pricing parameters set by the Indira Gandhi government. And so to bring to life her son Sanjay Gandhi’s dream of making an a common man’s car for India it went ahead to join hands with Suzuki Motor Corporation.

Maruti’s closest competitor Hyundai, which entered India in 1998, has only 16 percent share, as of today. Renault, which ultimately entered India in 2005 through joint venture with Mahindra & Mahindra (M&M) to make the Logan, has not covered much distance either. By end of July the French company had a share of just 3 percent while the JV with M&M was dissolved in 2010 itself.

Alto (800cc and 1000cc) generates 17 percent of the volumes of Maruti Suzuki selling an average of 21,000 units every month. This is followed by the Swift with average sales of 15,000 units a month. Both the models have not received any significant upgrade in the past few years.

 #Automobile #Business #Companies #Maruti Suzuki #Renault #Suzuki

For more information ✆ +918815278555 or Visit https://www.capitalbuilder.in/

Read More