Today's Intraday Stock Market News By CapitalHeight

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Today Market Tips 

• Indian shares are likely to start without firm direction, tracing Asian equities that are mostly treading water, even as an oil rally gave US shares a boost overnight.
• At the time of writing, the SGX Nifty was little changed, up 0.03 percent, or 2 points, to 7,636.
• Asian markets were broadly higher, with the Nikkei rising 0.5 percent even as fresh concerns have started arising over the US dollar's recent fall against the yen.
• oil in the US jumped 5 percent after the US government reported a surprise draw in shale stockpiles. Gold held steady.
• In stocks in news, Tata Steel would continue to remain in focus as fresh developments emerge over its bid to sell its UK business. Jaypee Infra may be in focus after Axis Bank said it had taken over the debt-laden Jaypee's headquarters in Noida. Cigarette stocks will also be in focus after a factory shutdown over proposed stricter pictorial warning rules continues.

Intraday Market Update; Sensex falling 108.77 points to 25290.88

The market continued to see selling pressure with the Sensex falling 108.77 points to 25290.88 and the Nifty declining 36.70 points to 7722.10 ahead of first monetary policy of the RBI in financial year 2016-17. The broader markets too were down with the BSE Midcap and Smallcap indices slipping 0.2 percent each.  For More Info visit at  www.capitalheight.com/about.php   or please call at +91 9993066624, 0731 - 6615050.

Market Outlook:-
The market breadth was weak as about 916 shares declined against 732 advancing shares on Bombay Stock Exchange.
        Adani Ports topped selling list on Sensex, down nearly 3 percent followed by ITC, Tata Motors, Bharti Airtel and GAIL with more than 1 percent loss while HUL gained 1 percent.
        Maruti Suzuki India has officially announced that it intends to double its existing sales network by 2020. Currently, the dealer network of India's largest carmaker comprises of 1,820 traditional dealerships spread across 1,470 cities. The company is planning to add another 200 dealerships in the current fiscal which will increase the total number to over 2,000. The carmaker expects that increasing sales network will help them in attaining their goal of selling 20 lakh units by 2020.

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Asian shares slumped on Friday, on track for a weekly loss as plunging crude prices heightened fears about receding global growth. Get Daily Intraday tips Live Market Updates and Accurate Intraday Stock Tips on Mobile and All services are provided through SMS and Instant Messenger. For more information please visit us at www.capitalheight.com/about.php  or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 6615050.

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The market has opened volatile on last day of the week following mixed global cues. The Sensex fell 18.68 points to 25233.64 and the Nifty declined 10.05 points to 7673.25.               

               Indian shares will likely be off to a flat start following mixed trade in Asia, and after Wall Street closed marginally higher overnight.
              India suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December.

                Indian equity market will see an upward tick only if five to six stocks like Reliance Industries , Tata Motors , Larsen and Toubro , SBI etc.
               The Indian rupee has opened lower by 8 paise at 66.79 per dollar today against previous 66.71 Thursday.
              Tata Steel, Infosys, ICICI Bank, Hindalco, GAIL, Hindalco and Cairn India were early gainers while ITC, M&M, Wipro, Coal India, NTPC, Kotak Mahindra Bank and Reliance Industries were under pressure.
             Asian markets were trading mixed. Nikkei gained 1 percent while Shanghai and Hang Seng were down over 0.6 percent.

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================================================= The market has opened lower again following weak Asian cues. The Sensex fell 23.13 points to 25287.20 and the Nifty declined 5 points to 7696.70.

                    The Indian rupee has opened flat at 66.83 per dollar today against previous close of 66.84. 

                  Asian markets barring Shanghai were trading lower. Hang Seng, Nikkei, Straits Times and Taiwan fell 0.2-1 percent. Shanghai gained 0.7 percent.

                     Asian markets traded cautiously in the morning session on Wednesday as the slide in oil prices continued to weigh on investor sentiment. 

                 The Finance Ministry last week said the economy would grow in the vicinity of 7.5 percent this fiscal, down from the earlier projection of over 8 percent. In the first half of 2015-16, it expanded at 7.2 percent.

             Shares of Dr Reddy's Laboratories slipped 4 percent intraday, extending its losses for another day.
                  BHEL, ITC, HUL, Tata Steel, Sun Pharma, Asian Paints, Tata Motors and Cipla were early gainers while Dr Reddys Labs fell 3.5 percent. GAIL, Vedanta, Bharti Airtel, Hindalco and UltraTech Cement were under pressure.
              Oil prices remained low during US trading hours as a result of a global supply glut.