Thursday, September 28, 2017

Today's Stock Market Closing Bell & Update

Closing Bell: Nifty ends September series above 9750, Sensex up over 120 pts; midcaps strong

Sharp gain in the last hour of trade helped the market post gains of one third of a percent, with the Nifty managed to end above 9750-mark.

The Sensex closed up 122.67 points or 0.39% at 31282.48, while the Nifty ended higher by 33.20 points or 0.34% at 9768.95. The market breadth was positive as 1,526 shares advanced against a decline of 974 shares, while 164 shares were unchanged.

Barring energy, all sectoral indices traded in the green, while midcaps ended with half a percent gains.

Kotak Mahindra Bank, Cipla, Dr Reddy’s Labs and ACC gained the most on both indices, while Asian Paints, Reliance, and Bosch were the top losers.


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Stock Market Opening Bell & Market Update for 28-09-2017

Market Live: Nifty breaks 9700 on F&O expiry day, Sensex mildly lower

Equity benchmarks opened marginally lower on the day of expiry of September derivative contracts.

The 30-share BSE Sensex was down 36.73 points at 31,123.08 and the 50-share NSE Nifty fell 12.25 points to 9,723.50.

ONGC, Aurobindo Pharma, Bharti Infratel and Dr Reddy's Labs were early losers while Tech Mahindra, Wipro, TCS, HCL Technologies and Axis Bank were early gainers.

Nifty Midcap was down 0.14 percent.

In broader space, Ipca Labs, DHFL, Reliance Home Finance, ICICI Lombard General and Titan Company were under pressure.

Goa Carbon, Divis Labs, Indo Count, Edelweiss Financial and Cyient gained 1-3 percent.
Meanwhile, the Indian rupee extended losses today, opening lower by 11 paise at 65.82 against the US dollar. In previous session, it closed at 65.71 a dollar.

Asian indexes were narrowly mixed today, after US equities advanced and the greenback rose following the unveiling of a long-awaited tax reform plan stateside.


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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6453.26,+73.10

DOWJONES-22270,-15.00

HANGSENG-27543.71,-98.72

NIKKEI-20325.52,+58.47

SGXNIFTY-9721,-15.50

USDINR-65.69

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BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24181.33

R2:24545.22

S1:23615.03

S2:23412.62



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NIFTY SUPPORT & RESISTANCE LEVEL FOR 28-SEP-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:9855.15

R2:9969.05

S1:9672.80

S2:9604.35

www.abrventure.com

0731-6507888 

Wednesday, September 27, 2017

Stock Market Opening Bell & Market Update for 27-09-2017

Market Live: Sensex, Nifty open higher amid volatility; Divis Labs, Sun Pharma dip

Equity benchmarks opened mildly higher amid volatility on Wednesday, ahead of expiry of September derivative contracts tomorrow.

The 30-share BSE Sensex was up 37.18 points at 31,636.94 and the 50-share NSE Nifty rose 5 points to 9,876.50.

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

Sun Pharma lost 2 percent post AGM. Divis Labs fell 7 percent on USFDA observations for unit 2. Dr Reddy's Labs was also under pressure.

The Nifty Midcap was up 0.4 percent on positive breadth.

Edelweiss Financial, Shriram Transport, Indiabulls Ventures, RCF, FACT, Den Networks, Hathway Cable, Bajaj Hindusthan and Balrampur Chini gained 1-10 percent while DHFL and REC were under pressure.


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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6380.16,+9.57

DOWJONES-22285,+2.50

HANGSENG-27621.92,+108.91

NIKKEI-20272.39,-57.80

SGXNIFTY-9891.50,+35.50

USDINR-65.33

www.abrventure.com

0731-6507888

BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24302.03

R2:24411.02

S1:24072.03

S2:23951.02


0731-6507888

NIFTY SUPPORT & RESISTANCE LEVEL FOR 27-SEP-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:9898.60

R2:9941.20

S1:9819.20

S2:9782.40

www.abrventure.com

0731-6507888 

Tuesday, September 26, 2017

Stock Market Opening Bell & Market Update for 26-09-2017

Market Live: Sensex, Nifty open flat after yesterday's sharp fall; ONGC gains

Equity benchmarks opened flat on Tuesday after witnessing sharp fall in previous two sessions, and ahead of expiry of September derivative contracts.

The 30-share BSE Sensex was down 8.55 points at 31618.08 and the 50-share NSE Nifty gained 6.90 points at 9,879.50.

Lupin, ONGC, Power Grid and Sun Pharma were early gainers.

Nifty Midcap was up 0.1 percent. Jet Airways, InterGlobe Aviation, SpiceJet, JK Paper and Alkem Labs were down up to 4 percent while REC, Adani Transmission, Avenue Supermarts, Shoppers Stop and DHFL gained 1-6 percent.


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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6370.59,-56.33

DOWJONES-22282.50,-35.00

HANGSENG-27478.14,-22.20

NIKKEI-20377.27,-20.29

SGXNIFTY-9868,-15.50

USDINR-64.83

www.abrventure.com

0731-6507888

BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24469.63

R2:24735.07

S1:23927.13

S2:23650.07


0731-6507888

NIFTY SUPPORT & RESISTANCE LEVEL FOR 26-SEP-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:9952.33

R2:10024.87

S1:9824.18

S2:9768.57

www.abrventure.com

0731-6507888

Monday, September 25, 2017

Stock Market Opening Bell & Market Update for 25-09-2017

Market Live: Sensex falls 150 pts in opening, Nifty breaks 9900; HDFC twins drag

Equity benchmarks started off the week on a negative note, with the Sensex falling more than 100 points, weighed by HDFC twins.

The 30-share BSE Sensex was down 156.59 points at 31,765.85 and the 50-share NSE Nifty fell 41.35 points to 9,923.

Nifty Midcap was down 0.8 percent as about 596 shares declined against advancing 423 shares on the BSE.

The Indian rupee opened lower by 5 paise at 64.84 per dollar today versus Friday's closing value of 64.79 per dollar.


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WORLD MARKET UPDATE BY ABR VENTURE

ABR WORLD MARKET UPDATE:

NASDAQ-6426.92,+4.23

DOWJONES-22317.50,-45.00

HANGSENG-27555.07,-325.46

NIKKEI-20414.93,+118.48

SGXNIFTY-9965,-19.00

USDINR-64.95

www.abrventure.com

0731-6507888

BANKNIFTY SUPPORT & RESISTANCE LEVEL FOR TODAY

BANK NIFTY TREND: BULLISH

BANK NIFTY LEVELS

R1:24653.70

R2:24890.15

S1:24292.10

S2:24166.95 


0731-6507888

NIFTY SUPPORT & RESISTANCE LEVEL FOR 25-SEP-2017

ABR NIFTY TREND: BULLISH

NIFTY LEVELS

R1:10058.23

R2:10141.27

S1:9932.93

S2:9890.67

www.abrventure.com

0731-6507888 

Wednesday, September 20, 2017

Stock Market Opening Bell & Market Update for 20-09-2017

Market Live: Sensex, Nifty open mildly higher on RIL support; Bharti, Idea sink

Equity benchmarks opened mildly higher on Wednesday, led by support from index heavyweight Reliance Industries.

The 30-share BSE Sensex was up 63.74 points at 32,466.11 and the 50-share NSE Nifty gained 11.90 points at 10,159.45.

Telecom stocks - Bharti Airtel, Idea Cellular and Reliance Communications fell 3-6 percent after telecom regulator TRAI slashed mobile call connection charge to 6 paise per minute from 14 paise currently, effective October 1.

Tata Motors, ICICI Bank, BPCL, Cipla, Coal India, Ambuja Cements, NTPC and Wipro were also under pressure in early trade.

Reliance Industries rallied 4 percent, followed by L&T, ONGC, HDFC Bank, ITC, Tata Power and Yes Bank.

Nifty Midcap was up 0.4 percent, outperforming benchmarks.

JK Tyre, Apollo Tyres, Ceat, Divis Labs, Kamat Hotels, Adani Transmission, Bombay Dyeing, HEG, Graphite India, Goa Carbon, Rain Industries, Shreyas Shipping and Cadila Healthcare gained up to 10 pecent.


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