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Sensex, Nifty open flat as assembly elections counting underway

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• The market has opened lower as counting continues for Assembly elections in five states. 
• The Sensex is down 42.46 points or 0.2 percent at 25662.15, and the Nifty down 18.45 points or 0.2 points at 7851.70. About 311 shares have advanced, 169 shares declined, and 38 shares are unchanged.
• Lupin, Tata Motors, Dr Reddy's, NTPC and Sun Pharma are top gainers while ONGC, Asian Paints, Maruti, HDFC and SBI are losers in the Sensex.
• First Trade: Nifty Bank 16699.90 -0.17%: BSE Bank Index 19019.92 -0.20%
• First Trade: Nifty Midcap 100 13210.30 +0.09%: BSE Small Cap 11178.95 +0.09%
• First Trade: Nifty 7854.70 -0.20%: Sensex 25711.76 +0.03%
• Rupee At Over 2-mth Low: Dollar-Rupee 67.1900 +0.2200
• Election results from the five states that have begun counting today won't greatly impact the big picture policy, says Gautam Chhaochharia of UBS.

Day Trading Market Update By CapitalHeight

The market has opened strong with the Nifty hitting 7900 cheering results of the exit polls. The 50-share index is up 46.05 points or 0.6 percent at 7906.80. The Sensex is up 147.05 points or 0.6 percent at 25800.28. About 550 shares have advanced, 166 shares declined, and 27 shares are unchanged. For More information visit www.capitalheight.com/about.php

   ONGC, Axis Bank, ICICI Bank, HDFC and Bharti Airtel are top gainers while Tata Motors, Bajaj Auto and Asian Paints are losers in the Sensex.

     The Indian rupee opened marginally higher by 6 paise at 66.74 per dollar against previous close of 66.80.

       Asian markets advanced as energy plays rallied after rising oil prices spurred a banner session on Wall Street. Japan's benchmark Nikkei 225 index tacked on 0.70 percent, likely boosted in part by a slightly weaker yen. The US dollar was fetching 109.03 yen at 8:06 a.m. SIN/HK time, up from levels as low as around 108.50 yen in the previous session.

          The Dow Jones industrial average rose 175.39 points, or 1 percent, to 17,710.71, the S&P 500 gained 20.05 points, or 0.98 percent, to 2,066.66 and the Nasdaq Composite added 57.78 points, or 1.22 percent, to 4,775.46.
         Modi magic! Sensex, Nifty jump 6-9% in 2 yrs but midcaps up 44%
        In the one year-period, from May 16 2014 the Sensex gained 15 percent while the Nifty climbed 16 percent. However, the indices fell off the cliff soon as Modi's magic began to dwindle in the year BJP formed government with Narendra Modi as the Prime Minister.
          Overall, if the exit polls are accurate, then the state election results could marginally improve the BJP’s seat tally in the Upper House, but the government will need to continue to build a consensus to push through legislative reforms in the Upper House, says Nomura

Accelya Kale Solutions' board meeting on May 04, 2016

Accelya Kale Solutions Ltd has informed BSE that the meeting of the Board of Directors will be held on May 04, 2016, inter alia, to consider the unaudited financial results for the quarter ended March 31, 2016.Further, the Trading Window of the Company will remain closed in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 from April 27, 2016 to May 06, 2016 (both days inclusive).

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Buy Accelya Kale; target of Rs 960: Firstcall

Accelya Kale Solutions Limited is part of the Accelya Group, Formerly known as Kale Consultants Limited, a leading solutions provider to the Airline and Travel industry. Accelya helps airline and travel companies manage their financial processes and gain insights into their business performance. Accelya's expertise spans across all critical airline financial processes - BSP Processing, Revenue Accounting, Audit & Revenue Recovery, Card Management, Miscellaneous Billing, Cost Management and Business Intelligence. Accelya partners with airlines right from the time a ticket or an air waybill is issued, all the way through its entire financial life cycle, until the data is converted into actionable decision support. With over 200 airline customers, its operations are spread across 9 countries and Accelya employs over 2000 professionals worldwide. Accelya has been voted as 'IT Company of the Year' at Air Transport News Awards 2014 and 'Information Technology for the Air Cargo Industry' at ACW World Air Cargo Awards 2014.

Day Trading Tips With Intraday Stock Live Market

Intraday Tips can be useful to know future bias of stocks individually. This Intraday Trading Tips can be used for Intraday Shares & Stock Trading in Indian Market. We provide all Intraday Trading Tips and services through SMS and Instant Messenger. For 2 Days Free Trial, please visit our site www.capitalheight.com/about.php at or Call at 0731-6615050, 9993066624.

Market Outlook:-

• The market has opened flat on Wednesday. The Sensex is down 43.78 points or 0.2 percent at 24507.39, and the Nifty is down 3.55 points at 7457.05. About 290 shares have advanced, 147 shares declined, and 33 shares are unchanged.
• BHEL, Adani Ports, Lupin, L&T and Infosys are top gainers in the Sensex. Among the losers are Bajaj Auto, Dr Reddy's Labs, HDFC, ICICI Bank and Tata Motors.
• The Indian rupee opened marginally higher at 67.35 per dollar on Wednesday versus previous close of 67.38.
• Pramit Brahmbhatt of Veracity said, "Weakness in global equity market will cause weakness in domestic equity market and rupee will depreciate further continuing with yesterday's pain. A levels of 67.50/dollar will have meaningful support for rupee."
• Bangalore-based HealthCare Global Enterprises initial public offering (IPO) has opened for subscription. The issue which will close on March 18, priced at Rs 205-218 per share is planning to raise Rs 611 crore to Rs 650 crore.
• US Federal Reserve policymakers are seen leaving short-term interest rates unchanged at a two-dfay policy meeting that began Tuesday, but also to signal that a rate hike is not too far off as long as the job market and inflation continue to improve.
• The US central bank lifted borrowing costs in December for the first time in nearly a decade, but uncertainty over the impact on the US economy of slower growth in China and Europe since the beginning of the year has driven policymakers to hold off on any further rate hikes since then.