27 December 2013

Important Intraday Tips with Intraday Market Updates: BSE Sensex, Nifty positive

The Intraday market has opened the January series on positive note. The Sensex is up 61.14 points at 21135.73, and the Nifty is up 13.90 points at 6292.80. About 319 shares have advanced, 69 shares declined, and 11 shares are unchanged.
The Indian rupee gained in the early trade. It opened higher by 19 paise at 61.96 per dollar versus 62.15 Thursday. The yen wallowed at five-year troughs against the dollar and euro this morning having fallen prey to a renewed appetite for risk. The dollar index is a tad subdued below 80.5 levels and the euro dollar has risen to 1.37.
Indian markets ended December F&O series expiry on a positive note. The CCEA approved hike in Axis Bank FDI limit from 49% to 62% & also extended coal supply to thermal power plants by three years. US manufacturing data went up. Nifty up by 10 points, closed at 6278. Sensex up by 41 points, closed at 21074. Europe is in green.

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26 December 2013

Today Intraday Tips for Day Trading and Intraday Market Updates

Today The Intraday market has opened in the green territory. The Sensex is up 26.86 points at 21059.57, and the Nifty is up 1.70 points at 6270.10. About 316 shares have advanced, 82 shares declined, and 27 shares are unchanged.
The Indian rupee opened flat at 61.85 per dollar versus 61.80 Tuesday. The dollar hit a five-year high against the yen on Thursday and held firm against other currencies on expectations the US economy will continue a solid recovery, allowing the Federal Reserve to gradually withdraw its stimulus next year.
Asian Intraday markets extended the week's gain on strong retail buying. Nikkei has raced to a fresh 6-year high in early trade supported by a weaker yen. Investors are now eyeing Shanghai post the release of Beijing's five-year plan to fight corruption. 
In the currency space, the dollar hit a five-year high against the yen on Thursday and held firm against other currencies on expectations the US Economy will continue a solid recovery, allowing the federal reserve to gradually withdraw its stimulus next year.
In commodities, crude prices inch up in early trade with Brent nearing USD 112 per barrel with Nymex trading below USD 100 per barrel. From precious metals space, gold id trading above USD 1200 although a tad weak, while silver is down a quarter of a percent.

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23 December 2013

Intraday Stock Tips with Today Market Updates: BSE Sensex, Nifty flat

Today The Intraday market has opened on a flat note. The Sensex is up 7.15 points at 21086.87 and the Nifty down 3.30 points at 6270.95. About 293 shares have advanced, 93 shares declined, and 16 shares are unchanged.
Banking stocks are also weak today with pressure seen in HDFC Bank and SBI. Other losers in the Sensex are Tata Power and Sesa Sterlite. On the gaining side are Hindalco, Bajaj Auto, L&T, NTPC and ONGC. 
Meanwhile, the rupee opened at 62.07 against the US dollar on Monday, down 3 paise compared to Friday's closing value of 62.04 per dollar. The dollar index held above the 80.50 mark. Meanwhile the dollar-yen continued to trade around 104 levels.
In commodities, Brent Crude prices rise with Nymex following suit, supported by refinery outages in the United States that will boost the need for gasoline imports linked to the global benchmark, and on reduced Libyan supply. And from the precious metals space, gold ticked up on Monday after its biggest weekly loss in a month, but the metal was still at the risk of falling back below USD 1,200 an ounce as investors fretted over the impact of a US stimulus tapering.The US markets notched up 2-3 percent gains for the week. European markets too record their best week in eight months and Asian markets opened modestly higher in early trade.  
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20 December 2013

Accurate Intraday Tips with Today Intraday Market Updates


Today The Intraday market started off trade with a positive bias on last day of the week supported by Reliance Industries and ONGC . The Sensex rose 47.94 points to 20,756.56, and the Nifty gained 5.10 points at 6,171.75. ONGC also climbed nearly 2 percent, but power stocks are under pressure with the NTPC and Tata Power falling marginally as they have to buy gas at higher price compared to earlier.
The Indian rupee slipped in the early trade today. It has opened lower by 27 paise at 62.39 per dollar versus 62.12 Thursday.India's economy is forecast to grow at 4.8 percent in 2013, down 1.3 percent from its earlier projection.
Technology stocks continued their positive momentum with TCS and Wipro gaining more than a percent while their rival Infosys advanced 0.4 percent. In Asian markets are mixed today while a day after the call to taper, US markets ended flat to lower on mixed economic data. Europe too reacted positively to a less easy Fed with core markets ending 1.5 percent higher.
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18 December 2013

Today Intraday Tips with Market Updates by Money Capital Height


Today the Intraday market is volatile in early trade on Wednesday with the Nifty hovering around 6150 level as investors are cautious ahead of announcement of RBI policy. In Intraday The Sensex rose 36.34 points to 20,648.48, and the Nifty advanced 11.40 points to 6,150.45. Shares of Reliance Industries, HDFC, Larsen and Toubro, TCS, State Bank of India and Tata Motors are leading gainers. Pharma stocks continued to see buying interest.
The Chinese Intraday market is trading at a 40 percent discount to MSCI India on a forward price-to-earnings basis, In contrast, benchmark indexes in India have hit record highs and valuations are on par with 10-year averages.
Meanwhile, Indian rupee breached the 62-mark against the dollar in early trade. It opened higher by 19 paise at 61.82 as compared to Tuesday's close of 62.01.Indian market went down as traders resorted to profit-booking ahead of the Reserve Bank of India's policy meet. Mixed global cues before the US Federal Reserve starts its two-day meeting, also affected domestic sentiments. Nifty went down by 15.65 points, closed at 6139. Sensex down by 47.38 points, closed at 20612. Europe is trading in red. 
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16 December 2013

Get Intraday Tips for Day Trading and Intraday Market Updates



Today The Intraday market slips marginally in early trade on Monday following weakness seen in its Asian counterparts on uncertainty over timing of scaling back US fiscal stimulus by Federal Reserve. The Sensex declined 23.51 points to 20,692.07, and the Nifty slipped 7.20 points to 6,161.20. HDFC Bank, ITC, Tata Motors, Reliance Industries, Infosys, Sun Pharma, Jindal Steel, BHEL and Hero MotoCorp declined between 0.4-1.4 percent.

Meanwhile, Indian rupee opened flat at 62.15 per dollar on Monday as against Friday's closing value of 62.12 per dollar. Asian markets are in the red ahead of a crucial Fed policy meet later this week. China HSBC PMI fell to a 3-month low.
Indian markets fell on Friday to mark their biggest weekly fall in nearly a month, as rate-sensitive stocks such as banks fell on caution ahead of the RBI’s policy review and the US Fed meet next week to decide the course of its monetary stimulus. Nifty down by 68 pts, closed at 6168. Sensex down by 210 pts, closed at 20715. Europe is trading weak.

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13 December 2013

Get Intraday Tips and Today Market Nifty-hovers-around-6200-amid-pressure

Today The Intraday market fell further in early trade on last trading day of the week, tracking nervousness across the globe on worries of Fed tapering in the forthcoming FOMC meeting due next week. Rate hike fears too spooked market and currency today. The Sensex lost 154.80 points or 0.74 percent to 20,770.81, and the Nifty fell 51.55 points or 0.83 percent to 6,185.50.
In Equity benchmarks continued to reel under pressure with the Sensex falling more than 100 points weighed down by banks, capital goods and FMCG stocks. The Sensex slipped 121.21 points to 20,804.40, and the Nifty fell 40.85 points to 6,196.20 while the broader markets outperformed benchmarks. BSE Midcap Index declined 0.2 percent and Smallcap is flat.
ICICI Bank is the biggest loser, falling 3 percent on rate hike fears followed by BHEL with a 2.4 percent loss. Index heavyweights Reliance Industries, ITC, HDFC and Larsen and Toubro slipped 1-1.5 percent. Indian rupee opened lower by 29 paise at 62.10 against the US dollar on Friday versus previous day's closing value of 61.81 per dollar.
Asian markets are mixed on uncertainty over timing of scaling back fiscal stimulus by Federal Reserve. US markets slipped for the third session with the Dow closing down 100 points while European markets too feel the heat falling between 0.4-1 percent on Thursday.

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