Thursday, April 19, 2018

Stock Market Opening Bell & Market Update for 19-04-2018


Market Live: Sensex up 100 pts despite Brent crude hits $74/bbl; Metal index up 2%

 Equity benchmarks rebounded on Thursday after the correction in previous session, following positive lead from global stocks.

The 30-share BSE Sensex was up 111.58 points at 34,443.26 and the 50-share NSE Nifty rose 41.20 points to 10,567.40.

Nifty Metal was up 1.6 percent as Hindalco, Vedanta, Nalco and Tata Steel rallied up to 5 percent on positive global metal prices.

Nifty Midcap was up 75 points.

Fortis Healthcare, Mishra Dhatu, Mindtree, HDFC Standard Life, Phoenix Mills, Aban Offshore, Godrej Industries, Godrej Consumer Products, Dabur and Kaya gained up to 7 percent.

All sectoral indices were in the green, with the Nifty Metal index rising more than 2 percent while Media index continued its upmove, up another 1 percent.


Brent crude oil futures hit USD 74 a barrel after a decline in US crude inventories and top exporter Saudi Arabia is expected to keep withholding supply to prop up the market.



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WORLD MARKET UPDATE BY ABR VENTURE


ABR WORLD MARKET UPDATE:

NASDAQ-7295.24,+14.14

DOWJONES-24748.07,-38.56

HANGSENG-30715.11,+430.86

NIKKEI-22296.14,+137.94

SGXNIFTY-10594.50,+40.00

USDINR-Rs 65.68 


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BANK NIFTY MARKET TREND FOR 19-APR-2018


BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25367.57

R2:25592.28

S1:24999.07

S2:24855.28


0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 19-APR-2018


ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10591.60

R2:10632.25

S1:10515.25

S2:10479.55


0731-4986981

Wednesday, April 18, 2018

Stock Market Opening Bell & Market Update for 18-04-2018

Market Live: Sensex opens up 100 pts, Nifty inches towards 10,600; IRB Infra jumps

Benchmark indices opened higher on Wednesday, following positive lead from global stocks.
The 30-share BSE Sensex was up 105.17 points at 34,500.23 and the 50-share NSE Nifty rose 23.50 points to 10,572.20.

Vedanta, Tata Steel, Wipro, TCS, Yes Bank, Bharti Airtel, Adani Ports, Eicher Motors, UltraTech Cement and GAIL were early gainers.

Infosys, BPCL, Titan Company, HPCL and Coal India were under pressure.

Nifty Midcap was up 68 points. IRB Infrastructure, Tata Sponge, Fortis Healthcare, Jagran Prakashan, Dabur India, Indian Hume Pipe and VIP Industries gained up to 5 percent.

Mindtree and ACC gained ahead of earnings later in the day.


0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-7281.10,+124.81

DOWJONES-24786.63,+213.59

HANGSENG-30103.06,+40.31

NIKKEI-22130.25,+282.66

SGXNIFTY-10590,+35.50

USDINR-Rs 65.61 


0731-4986981

BANK NIFTY MARKET TREND FOR 18-APR-2018


BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:25431.73

R2:25532.87

S1:25219.73

S2:25108.87 



0731-4986981

NIFTY SUPPORT & RESISTANCE LEVEL FOR 18-APR-2018

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10577.50

R2:10606.20

S1:10510.60

S2:10472.40


0731-4986981

Tuesday, April 10, 2018

Stock Market Opening Bell & Market Update for 10-04-2018


Market Live: Sensex opens up 100 pts, Nifty above 10,400 on global cues; metals shine
 
Benchmark indices opened higher, following positive lead from global stocks after China's comments on free trade.

The 30-share BSE Sensex was up 111.20 points at 33,899.74 and the 50-share NSE Nifty gained 36.60 points at 10,416.

Hindalco, NALCO and Vedanta rallied up to 5 percent after comments from China.

Yes Bank, Axis Bank, Kotak Mahindra Bank, ICICI Bank, Tata Steel, Tata Motors and Cipla gained up to 1.6 percent.

Nifty Midcap index was up half a percent.

Dhampur Sugar, Balrampur Chini, Globus Spirits, Suzlon, Alembic, Max Financial, Gravita, Ipca Labs, GVK Power and Alok Industries rallied up to 6 percent.

Bhushan Steel, Apollo Tyres and Suven Life was down 1 percent.

Asian markets advanced further as investors digested comments from Chinese President Xi Jinping on measures planned to further open up the Chinese economy. Japan's Nikkei and Hong Kong's Hang Seng gained 1 percent each while China's Shanghai Composite and Australia's ASX 200 were up 0.8 percent each.

US stocks closed well off their session highs on Monday. The Dow Jones industrial average rose 46.34 points to 23,979.10. The S&P 500 gained 0.3 percent to close at 2,613.16 while the Nasdaq composite advanced 0.5 percent to 6,950.34.



0731-4986981

WORLD MARKET UPDATE BY ABR VENTURE


ABR WORLD MARKET UPDATE:

NASDAQ-6950.4,+35.23

DOWJONES-23979.10,+46.34

HANGSENG-30449,+214.42

NIKKEI-21803.50,+122.74

SGXNIFTY-10426.50,+33.50

USDINR-Rs 64.92



0731-4986981