Share Market News: Today’s Nifty & Sensex Updates

Sensex Closes At Record High; Nifty Ends Near 12,000; RIL, Sun Pharma surge

Indian markets opened higher today, tracking strong global equities. the Sensex was up 168.65 points or 0.41% at 40989.95, and the Nifty up 46.10 points or 0.38% at 12083.80. All the sectoral indices were trading higher. midcap and smallcap indices were also trading 0.4 percent higher.

In the afternoon session, the Frontline indices were holding the morning gains with not much of the movement in either direction. The HDFC & TCS were the top contributors, While L&T & ICICIBK were the dragger fo Nifty. In-all, the Sensex was trading at 40,929.73 & Nifty at 12,074.The broader indices were also trading with the gains of 0.21 & 0.09 percent in mid & small-cap.

Indian equity benchmarks closed at record highs helped by investors pumping in money in the final hour of trade. At close, the Sensex was up 199.31 points or 0.49% at 41020.61, while Nifty was up 63 points or 0.52% at 12,100.70. After showing a minor profit booking from the highs of 12,130 levels in the last session, the Nifty shifted into a smart upside bounce today and closed higher. On the daily chart, Nifty has formed an Inside bar today; for which the breakout level is at 12,133. So a fresh buy position can be initiated once the level of 12,133 gets taken out. In todays trade, the sector compiled by NSE traded higher, led by the PSU Indexs 1.77 percent gain. On the flip side, the NSE Realty Index was the top sectoral loser, down 0.65 percent.

Top Gainers

YESBANK by 8.31% to Rs 68.40, ULTRACEMCO by 3.09% to Rs 4,240.00,SBIN by 2.86% to Rs 345.10, MARUTI by 2.44% to Rs 7,299.00,HINDALCO by 2.19% to Rs 203.05.

Top Losers

INFRATEL By -3.20% to Rs 225.20,CIPLA by -2.20% to Rs 468.00, LT by -1.75% to Rs 1,339.10,ITC by -1.00% to Rs 246.65, ICICIBANK by -0.77% to Rs 506.75.

Key Market News

• China's industrial profits fall 9.9% year-on-year in October.
• US goods trade deficit narrows sharply in October.
• revises the framework on currency swap arrangement for SAARC countries.
• FIIs bought shares worth Rs 4,677.75 crore, whereas DIIs sold shares of worth Rs 4,242.01 crore in the Indian equity market on November 26.

Stocks To Watch

TVSMOTOR is on the upside while VENKEYS is on the downside.

TVSMOTOR is currently quoting at Rs.475.00 up by Rs 22.00 or 4.86 % from its previous closing of Rs.453.00 on the NSE. The NSE stock has touched a 52 week high of Rs. 586.40 on 21-DEC-2018 & a 52 week low of Rs.338.25 on 31-JUL-2019. The stock had given a fresh range breakout.

VENKEYS is currently quoting at Rs.1,772.00 down by Rs.29.85 or -1.66% from its previous closing of Rs.1,801.85 on the NSE. The NSE stock has touched a 52 week high of Rs 2,672.30 on 01-FEB-2019 & a 52 week low of Rs 1,135.25 on 05-AUG-2019. The stock is likely to witness selling for a while considering the overall structure.

Sensex Closes At Record High; Nifty Ends Near 12,000; RIL, Sun Pharma surge

Indian equity benchmarks opened higher, halting their two-day losing streak. The Sensex rose 0.28 percent to 40,480 and the Nifty rose 0.3 percent to 11,950.35. The market breadth was tilted in favor of buyers. Among sector compiled by NSE traded higher, led by the Realty Indexs 1.7 percent gain. On the flip side, the Media Index was the only sectoral loser, down 0.3 percent.

In the afternoon session, Nifty was trading above the level of 12,000. The heavyweight HDFC Twins & Reliance were the top contributor to the Sensex & Nifty which were trading at 40,681.03 & 12,012.10. Along with that, the broader market was also trading higher with the gains of 0.64 & 0.45 percent in Mid & Small-cap.

After a tough battle that lasted nearly for the last three weeks, the bulls finally gained control in todays trade. The broad-based buying across the sectors helped Sensex & Nifty ended at record closing high. At close, the Sensex was up 529.82 points or 1.31% at 40,889.23, while Nifty was up 159.40 points or 1.34% at 12,073.80. All the sectoral indices ended in the green led by the metal, auto, bank, pharma, IT, FMCG and energy. The broader indices including Mid & Small-cap also closed with the gains of 1.11 & 0.69 percent respectively.

Top Gainers

BHARTIARTL by 8.13% to Rs 454.85, INFRATEL by 7.37% to Rs 249.10,TATASTEEL by 5.25% to Rs 421.00, HINDALCO by 4.47% to Rs 198.75,GRASIM by 3.69% to Rs 822.45.

Top Losers

ZEEL By -5.33% to Rs 339.00, ONGC by -2.28% to Rs 130.80, YESBANK by -1.39% to Rs 63.90,BPCL by -0.42% to Rs 507.25, GAIL by -0.29% to Rs 122.00.

Key Market News

• BSE offers a non-competitive bidding facility in SDLs to the retail investors.
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 306 crore on Friday, DIIs were net buyers to the tune of Rs 177 crore.

Stocks To Watch

AEGISCHEM is on the upside while HDFCAMC is on the downside.

AEGISCHEM is currently quoting at Rs.192.90 up by Rs 8.10 or 4.38 % from its previous closing of Rs.184.80 on the NSE. The NSE stock has touched a 52 week high of Rs. 241.70 on 29-MAY-2019 & a 52 week low of Rs.160.00 on 07-OCT-2019. The stock had given a fresh trendline breakout.

HDFCAMC is currently quoting at Rs.3,588.00 down by Rs.119.80 or -3.23% from its previous closing of Rs.3,707.80 on the NSE. The NSE stock has touched a 52 week high of Rs 3,844.00 on 27-NOV-2019 & a 52 week low of Rs 1,305.10 on 15-FEB-2019. The stock currently is showing negative RSI divergence.

Sensex Closes At Record High; Nifty Ends Near 12,000; RIL, Sun Pharma surge

Indian equity benchmarks started higher, continuing gains for the second consecutive trading session. The Sensex was up 155.20 points or 0.38% at 40,624.90, and the Nifty up 41.70 points or 0.35% at 11981.80. About 441 shares have advanced, 226 shares declined, and 37 shares are unchanged. Among sectors, except metal and auto, other indices are trading higher led by the energy, infra and PSU Bank.

In the afternoon session, the heavyweight Reliance had kept the market higher. Holding the Sensex at 40,742.07 up 272 points & Nifty at 12,014.15. Following the benchmark, the broader indices were also trading marginally higher. Moreover, On the sectoral front, Pharma was the top performer while the weakness was coming from the realty stocks.

In todays session, Bulls managed to breach 12,000 decisively, however, it could not manage to close above the 12,000 marks. Some mild profit booking was still witnessing above the 12,000 marks. However, the overall structure remains positive and the rally is getting broad-based overall. In close, the Sensex was up 181.94 points at 40651.64, while Nifty was up 59 points at 11999.10. Among sector Expect Nifty PSU Bank index all other indices are ended in the green led by the pharm, energy, infra, and FMCG.

Top Gainers

ZEEL by 8.12% to Rs 309.05, SUNPHARMA by 5.31% to Rs 448.50,INDUSINDBK by 4.91% to Rs 1,461.20, BPCL by 4.83% to Rs 544.00, DRREDDY by 3.10% to Rs 2,828.00

Top Losers

INFRATEL By -3.17% to Rs 242.60, IOC by -1.50% to Rs 131.00, KOTAKBANK by -1.39% to Rs 1,601.15, EICHERMOT by -1.21% to Rs 21,485.00, TATASTEEL by -0.88% to Rs 398.20.

Key Market News

• Without a China trade deal, the U.S. will hike tariffs: Trump
• Sebi issues directions on margins collection in the cash segment.
• India-focussed offshore funds see the withdrawal of $1.4 bn in Q2.
• FPIs were net sellers in Indian markets for Rs 915.37 crore, while the DIIs were net buyers to the tune of Rs 262.35

Stocks To Watch

GRANULES is on the upside while INDIACEM is on the downside.

GRANULES is currently quoting at Rs.129.00up by Rs 0.45 or 0.35 % from its previous closing of Rs.128.55 on the NSE. The NSE stock has touched a 52 week high of Rs. 133.75 on 30-OCT-2019 & a 52 week low of Rs.79.15 on 11-DEC-2018. The stock had given a fresh range out breakout.

INDIACEM is currently quoting at Rs.77.95 down by Rs.1.75 or -2.20% from its previous closing of Rs.79.70 on the NSE. The NSE stock has touched a 52 week high of Rs 116.95 on 28-MAY-2019 & a 52 week low of Rs 67.75 on 23-AUG-2019. The stock currently is in a bearish trend and is likely to witness selling pressure in the coming days also. .

Sensex, Nifty Resume Gains After One-Day Blip; RIL up 3.5%

Indian stock markets edged higher in early trade. The Sensex was up 68.43 points or 0.17% at 40352.62, and the Nifty up 17.10 points or 0.14% at 11901.60. Among sectors, except metal other sectors were trading higher led by the infra, pharma, and energy. The market breadth was also in favor of buyers, About 834 stocks advanced and 586 shares declined on National Stock Exchange.

In the afternoon session, the heavyweight Reliance and the HDFC bank had pulled Nifty higher. The Sensex was trading at 40,455.65 up 171.65 & Nifty at 11,931.50. Among sectors, banking and pharma were in the green, While Metal & Auto were trading lower.

In todays session, the market turned positive due to buoyancy from telecom stocks supported by tariff hike plans. Positive vibes also witnessed in PSU banks having exposure to distressed assets. In Closing, Sensex was up 185.51 points at 40,469.70, while Nifty grew by 55.60 points at 11,940.10. Among sector complied by NSE ended higher, led by the PSU Bank Indexs 3.9 percent gain. On the flip side, the Metal Index was the top sectoral gainer, up 0.85 percent.

Top Gainers

INFRATEL by 10.96% to Rs 251.65, BHARTIARTL by 8.66% to Rs 444.65,AXISBANK by 3.71% to Rs 749.80, RELIANCE by 3.59% to Rs 1,511.55, POWERGRID by 2.78% to Rs 195.95.

Top Losers

YESBANK By -2.51% to Rs 64.20, M&M by -2.21% to Rs 561.00, ZEEL by -2.09% to Rs 288.00, TCS by -1.98% to Rs 2,110.00, TATASTEEL by -1.72% to Rs 403.00.

Key Market News

• Govt mulls raising insurance cover on bank deposits.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 271 crore on Monday, DIIs were net buyers to the tune of Rs 309 crore

Stocks To Watch

GRANULES is on the upside while RAYMOND is on the downside.

GRANULES is currently quoting at Rs.128.60 up by Rs 0.35or 0.27% from its previous closing of Rs.128.25 on the NSE. The NSE stock has touched a 52 week high of Rs. 133.75 on 30-OCT-2019 & a 52 week low of Rs.79.15 on 11-DEC-2018. The stock had given a fresh range out breakout.

RAYMOND is currently quoting at Rs.698.00 down by Rs.21.00 or -2.92% from its previous closing of Rs.719.00 on the NSE. The NSE stock has touched a 52 week high of Rs 885.00 on 21-DEC-2018 & a 52 week low of Rs 533.45 on 23-AUG-2019. The stock currently is in a bearish trend and is likely to witness selling pressure in the coming days also.

HDFC Bank, RIL drag Sensex lower; Nifty ends below 11,900.

Indian equity benchmarks opened higher, increasing gains for the third consecutive trading session. The Sensex rose 0.34 percent to 40,498 and the Nifty rose 0.33 percent to 11,934.50. Among sector compiled by NSE traded higher, led by the PSU Bank Indexs 1.4 percent gain.

In the afternoon session, the frontline indices were trading weak amid the fall in the heavyweight Reliance, TCS & HDFCBK. The Sensex was at 40,267.28 down 89 points & Nifty at 11878.95. Among sector Pharma, Metal & PSU Bank were trading higher, while Auto & FMCG were trading in the red. The broader indices were performing on the positive side with Mid & Small-cap gaining by 0.50 & 0.33 percent respectively.

It was a volatile day, the benchmark indices ended marginally lower with Nifty failed to hold above 11,900. At close, the Sensex was down 72.50 points at 40284.19, while Nifty was down 11 points at 11,884.50. Among sectors, metal, pharma, PSU bank, infra witnessed buying, while auto and FMCG were down. Post Q2 results, the market seems to have entered an indecisive period of trade having rallied well in the last 2 months and lack of major data releases this week. Globally, investors are awaiting triggers on the resolution of US-China trade tension and the future interest rate trajectory of US central banks.

Top Gainers

BHARTIARTL by 4.62% to Rs 411.20, TATASTEEL by 4.41% to Rs 411.90,UPL by 3.71% to Rs 550.00, HINDALCO by 3.33% to Rs 194.00, BPCL by 2.75% to Rs 520.50.

Top Losers

YESBANK By -4.29% to Rs 65.75, BAJAJ-AUTO by -1.96% to Rs 3,152.25, BRITANNIA by -1.67% to Rs 3,142.10, M&M by -1.66% to Rs 573.40,HEROMOTOCO by -1.55% to Rs 2,503.80.

Key Market News

• Govt mulls raising insurance cover on bank deposits.
• India's October trade deficit narrows to $11.01 billion.
• Govt intends to address concerns of the telecom sector.

Stocks To Watch

DLF is on the upside while RAYMOND is on the downside.

DLF is currently quoting at Rs.216.50 up by Rs 4.75 or 2.24% from its previous closing of Rs.211.75 on the NSE. The NSE stock has touched a 52 week high of Rs. 218.45 on 18-NOV-2019 & a 52 week low of Rs.132.55 on 01-OCT-2019. The stock had given a fresh range out breakout.

RAYMOND is currently quoting at Rs.718.00 down by Rs.24.00 or -3.23% from its previous closing of Rs.742.00 on the NSE. The NSE stock has touched a 52 week high of Rs 885.00 on 21-DEC-2018 & a 52 week low of Rs 533.45 on 23-AUG-2019. The stock currently is in a bearish trend and is likely to witness selling pressure in the coming days also.

Sensex, Nifty Resume Gains After One-Day Blip; Bank Nifty climbs over 1%

Indian share markets had a weak start in the early trade. The Sensex fell 0.18 percent to 40,253 and the Nifty fell 0.22 percent to 11,881.60. Among sector compiled by NSE traded lower, led by the Pharma Indexs 1.25 percent fall. On the flip side, the FMCG Index was the top sectoral gainer, up 0.25 percent.

In the afternoon session, the IT stocks were bringing pressure in the benchmark indices. The Sensex was trading at 11,878.10 & Nifty at 40,229.88. The balancing act was played by the Banking stocks which were the top contributor toward Nifty. However, the Broader market had been in a positive trend with Mid & Small-Cap gaining 0.66 & 0.17 percent respectively.

The market had been in a rangebound throughout the session with negative bias led by subdued global markets. However, healthy buying in the last hour helped the Nifty index to end flat. The Sensex ended 21.47 points higher or 0.05 percent at 40345.08, and the Nifty ended at 11913.50. Among sector compiled by NSE ended higher, led by the Media Indexs 2.82 percent gain. On the flip side, the IT Index was the top sectoral loser, down 0.53 percent. Overall we continue to maintain our positive view on the index for new all-time highs above 12,100. Support is at 11,850 and resistance is at 12,000-12,100. However, Bank Nifty relatively performed better. In the near term, 30,400-30,600 is the support zone for the index, breach of the support zone can trigger a sharp profit booking towards the next support of 29,700.

Momentum Stock Of The Day

AMARAJABAT had strong momentum in todays trade. After the company reported a highest-ever net profit in Q2. The stock had witnessed a hefty buying and likely to remain so to witnessed the target of 780.00.

Top Gainers

ZEEL by 6.16% to Rs 305.20, YESBANK by 5.73% to Rs 72.90, BPCL by 2.81% to Rs 516.90, GAIL by 2.48% to Rs 130.20, TATAMOTORS by 1.72% to Rs 171.95.

Top Losers

NESTLEIND By -2.37% to Rs 14,128.00, HEROMOTOCO by -2.12% to Rs 2,590.90, HINDALCO by -2.11% to Rs 199.55, VEDL by -1.93% to Rs 152.50,CIPLA by -1.75% to Rs 454.40.

Key Market News

• Forex reserves soar $3.5 billion to a new lifetime high of $446.09 billion.
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 932.20 crore on Friday, DIIs were net sellers to the tune of Rs 584.48 crore.

Stocks To Watch

Jubilant Foodworks Limited is on the upside while UPL is on the downside

Jubilant Foodworks Limited is currently quoting at Rs.1,636.35 up by Rs 22.15 or 1.37% from its previous closing of Rs.1,614.20 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,624.00 on 07-NOV-2019 & a 52 week low of Rs.1,036.65 on 06-NOV-2018. The stock had given a fresh breakout breaching its 52-day week high.

UPL is currently quoting at Rs.551.00 down by Rs.4.85 or -0.87% from its previous closing of Rs.555.85 on the NSE. The NSE stock has touched a 52 week high of Rs 709.05 on 05-JUL-2019 & a 52 week low of Rs 476.57 on 06-NOV-2018. The stock after posting the Q2 results had cracked and given a fresh breakdown in the daily chart. The stock is likely to witness selling pressure in the coming days.

Nifty tad below 12,000, Sensex Resumes Record Close After One-Day Blip.

Tracking the muted global sentiment, the Indian share market witnessed a fall in early trade. The Sensex drop 0.19 percent to 40,180 and the Nifty declined by 0.2 percent to 11,894.10. Among sector compiled by NSE traded lower, led by the PSU Bank Indexs 0.57 percent fall. while, the Realty Index was the top sectoral gainer, up 1.4 percent.

After extending the losses in the benchmark, the indices recovered in the afternoon session. The Sensex was trading at 40,204 and Nifty at 11,899. Moreover, The broader market was marginally positive. Among sector Metal and reality was showing strength while the PSU banks were on the weak side.

After a brief pause, the bulls were back in the business, as the equity benchmark indices ended the day on a positive note. The banking stock is leading the way for an all-time high for the benchmark indices. The Sensex ended with gains of 221.55 points at 40469.78 while Nifty closed 43.80 points higher at 11961.00. Amongst the broader markets, Midcap ended flat while Smallcap closed lower by 0.25 percent. On the sectoral front, Banks, Metals, and Realty were the top gainers while PSU Bank Index was the top sectoral loser, down 0.9 percent.

Momentum Stock Of The Day

Varun Beverages once again witnessed the strong momentum in todays trade, after the CLSA maintained buy rating with a price target of Rs 860 per share. The stock currently had given a fresh breakout, breaching the 52-week high mark. In the coming days the stock can witness the levels of 850.

Top Gainers

CIPLA by 3.02% to Rs 482.00, ICICIBANK by 2.49% to Rs 480.00, INFY by 2.36% to Rs 712.50, HDFC by 1.82% to Rs 2,221.00, INDUSINDBK by 1.81% to Rs 1,344.00.

Top Losers

TITAN By -10.49% to Rs 1,154.30, BHARTIARTL by -3.44% to Rs 370.75, ONGC by -1.26% to Rs 144.50, BAJAJFINSV by -1.25% to Rs 8,735.30,MARUTI by -1.07% to Rs 7,310.00.

Key Market News

• India opted out of RCEP.
• PMC Bank: RBI increases the deposit withdrawal limit.
• SEBI on new FPI regulations
• Sebi issues circular on Aadhaar e-KYC for investors

Stocks To Watch

PETRONET is on the upside while KEI is on the downside.

PETRONET is currently quoting at Rs.288.70 up by Rs 3.75 or 1.32% from its previous closing of Rs.284.95 on the NSE. The NSE stock has touched a 52 week high of Rs. 299.00 on 23-SEP-2019 & a 52 week low of Rs.203.40 on 11-DEC-2018. The stock had been trading bullish and likely to remain so in the coming days.

KEI is currently quoting at Rs.525.00 down by Rs.21.15 or -3.87% from its previous closing of Rs.546.15 on the NSE. The NSE stock has touched a 52 week high of Rs 614.65 on 30-OCT-2019 & a 52 week low of Rs 305.10 on 19-FEB-2019. The stock is likely to remain bearish incoming day considering the technical setup.

Indices break 7-day winning streak; Midcap index down 1%

The Indian equity market was fluctuating between the gains and losses in the early trade. The Sensex was up 48.83 points or 0.12% at 40,350.79, and the Nifty up by 9.50 points or 0.08% at 11,950.80. Among sector compiled by NSE traded higher, led by the Metal Indexs 0.68 percent gain. On the flip side, the FMCG Index was the top sectoral loser, down 0.44 percent.

The Indian share market had been indecisive in the afternoon trade. The benchmark indices were trading flat, the Sensex was 3.40 points up at 40,305 & Nifty at 11,936. The sector contributing was the auto and bank on the positive side, whereas the IT & FMCG were on the declining side. Further, the broader market was also trading flat following the frontline.

The second half of todays session witnessed some profit-booking. The market had seemed to take a breather and this happens whenever we see profit-taking in auto stocks. The Sensex fell 0.13 percent to end at 40,248.23 and the NSE Nifty 50 fell 0.2 percent to close at 11,917.20. Among sector compiled by NSE ended lower, led by the Media Indexs 1.53 percent fall. On the flip side, the FMCG Index was the top sectoral gainer, up 0.33 percent. However, the bigger hit was taken by the broader market which was down by 1.08 & 0.84 percent in the mid & small-cap.

Momentum Stock Of The Day

Varun Beverages witnessed the strong momentum after the CLSA maintained buy rating with a price target of Rs 860 per share. The stock currently had given a fresh breakout, breaching the 52-week high mark. In the coming days the stock can witness the levels of 850.

Top Gainers

BAJFINANCE by 3.34% to Rs 4,250.25, INFRATEL by 3.33% to Rs 222.00, YESBANK by 3.25% to Rs 68.30, UPL by 2.25% to Rs 607.60, BHARTIARTL by 1.85% to Rs 385.00.

Top Losers

ZEEL By -3.70% to Rs 285.15, INDUSINDBK by -2.30% to Rs 1,321.25, ULTRACEMCO by -2.21% to Rs 4,145.00, SUNPHARMA by -2.00% to Rs 429.20,EICHERMOT by -1.98% to Rs 21,310.00.

Key Market News

• Asia trade pact doesn't reflect India's interests: PM Modi.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 138 crore on Monday, data available with NSE suggested. DIIs were net sellers to the tune of Rs 500 crore.

Stocks To Watch

CREDITACC is on the upside while HEXAWARE is on the downside.

CREDITACC is currently quoting at Rs.699.75 up by Rs 30.55 or 4.57% from its previous closing of Rs.669.20 on the NSE. The NSE stock has touched a 52 week high of Rs. 714.00 on 05-NOV-2019 & a 52 week low of Rs.318.00 on 05-NOV-2018. The stock had given the fresh breakout breaching its 52-week high mark. The stock is likely to remain in the bullish momentum.

HEXAWARE is currently quoting at Rs.340.00 down by Rs.1.45 or -0.42% from its previous closing of Rs.341.45 on the NSE. The NSE stock has touched a 52 week high of Rs 455.70 on 21-JUN-2019 & a 52 week low of Rs 294.30 on 26-NOV-2018. The stock is likely to give another cycle of the downtrend, considering the overall RSI and price action setup.

Sensex, Nifty End Marginally Lower; Bharti Infratel, Grasim top losers.

India's stock markets jumped sharply in early trade with Sensex rising 0.6 percent to 39,300 and the Nifty 50 gaining 0.57 percent to 11,671. All the sector compiled by NSE traded higher, led by the NSE Nifty Media Indexs 1 percent gain.

After a positive start, the selling got emerged on the d-street. The pharma and some banking name were the draggers for the frontline indices. The Sensex & Nifty was trading at 39,051 & 11,593. Further, the broader market was trading flat with no major gains.

The Nifty50 saw another day of consolidation and closed marginally lower as banks got caught in the bear trap. The Sensex fell 0.1 percent to close and 39,020 and the Nifty 50 declined 0.19 percent to end at 11,582. Among sector compiled by NSE ended lower, led by the PSU Bank Indexs 3.5 percent fall. On the flip side, the Realty Index was the top sectoral gainer, up 0.9 percent. Moreover, the selling pressure was higher in the broader market with Mid & Small-Cap declined by 0.32 & 0.47 percent. Further, the weakness appears to be creeping in as Nifty closed below its 5-day simple moving average (11,604). Hence, in the next trading session, if bears manage to push the index below 11,550 on the closing basis, then selling pressure may get accelerated further.

Top Gainers

BHARTIARTL by 3.23% to Rs 372.00, RELIANCE by 3.03% to Rs 1,434.60, EICHERMOT by 2.96% to Rs 21,129.00, HCLTECH by 2.17% to Rs 1,118.90, TITAN by 2.10% to Rs 1,377.00.

Top Losers

INFRATEL By -7.98% to Rs 238.65, GRASIM by -6.36% to Rs 695.85, YESBANK by -5.37% to Rs 48.45, SBIN by -4.47% to Rs 263.15,GAIL by -3.73% to Rs 123.85.

Key Market News

• Investments via P-notes fall for the fourth month in a row, stand at Rs 76,611 cr.
• Japan factory activity shrinks at the quickest pace since 2016 in Oct: Flash PMI.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 213.23 crore on Wednesday, DIIs also were net sellers to the tune of Rs 137.38 crore.

Stocks To Watch

TATAELXSI is on the upside while LUPIN is on the downside.

TATAELXSI is currently quoting at Rs.758.35 up by Rs 42.25 or 5.90% from its previous closing of Rs.716.10 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,090.00 on 05-NOV-2018 & a 52 week low of Rs.592.25 on 14-AUG-2019. The stock is in a strong bullish trend and likely to remain so in the coming days.

LUPIN is currently quoting at Rs.730.65 down by Rs.5.50 or -0.75% from its previous closing of Rs.736.15 on the NSE. The NSE stock has touched a 52 week high of Rs 914.90 on 31-OCT-2018 & a 52 week low of Rs 646.30 on 07-oct-2019. The stock after the V pattern recovery is likely to be in the selling mode. The coming days stock is likely to trade in a bearish trend.

Nifty Resume Gains After One-Day Blip, HCL Tech, Maruti rally ahead of Q2 numbers

Indian equities have fluctuated between gains and losses in the opening trade. The Sensex and the Nifty50 were little changed at 38,997 and 11,592. Further, The global cues were weak with most Asian markets trading lower today. Overnight, Wall Street also fall by 0.36%. Among sector compiled by NSE traded higher, led by the PSU Bank Indexs 0.46 percent gain. On the flip side, the IT Index was the top sectoral loser, down 0.59 percent.

In the afternoon session, the frontline indices had gathered the momentum and were trading near days high. The Sensex was at 39,159.00 up 195 points and Nifty at 11,641.30. Further, the broader market was trading with the gains of 0.49 & 0.30 percent in Mid & Small-Cap. Among sectors except for the Media, all other sectors were trading higher led by the IT & Banking stock.

The majority of the gains were erased in the last hour of the trade. At close, the Sensex rose 0.24 percent to end at 39,058.83 and the Nifty rose 0.14 percent to end at 11,604. Among sector compiled by NSE ended higher, led by the Auto Indexs 1.3 percent gain. On the flip side, the Media Index was the top sectoral loser, down 1.3 percent. Further, the broader market closed with the gains of 0.13 & 0.32 percent in Mid & Small-cap respectively. Besides, we expect markets to remain range-bound in the near term. Further investors focus is on the Q2FY20 earnings season, which would induce stock-specific volatility. We would advise investors to stay focused on selective blue-chip companies. On the global front, market participants would keep a close watch on US-China trade talks and progress on the Brexit deal.

Momentum Stock Of The Day

JUBLFOOD after posting the strong Q2 numbers, along with numerous positive re-rating from the brokerage houses the stock had surged to its all-time high. Going ahead the stock would be a good buy in each dip, as expected the share price to remain bullish.

Top Gainers

HCLTECH by 3.53% to Rs 1,102.00, EICHERMOT by 2.51% to Rs 20,480.00, INFY by 2.33% to Rs 650.35, MARUTI by 2.19% to Rs 7,415.20, JSWSTEEL by 2.12% to Rs 224.35

Top Losers

ADANIPORTS By -6.10% to Rs 395.10, BHARTIARTL by -3.66% to Rs 360.40, ZEEL by -3.37% to Rs 242.00, VEDL by -2.18% to Rs 145.90,GRASIM by -1.99% to Rs 741.00.

Key Market News

• Sebi issues framework for listing of commercial paper.
• Demand for residential properties up 15-30% this festive season: Report
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 557.50 crore on Tuesday, DIIs also were net sellers to the tune of Rs 985.47 crore.

Stocks To Watch

GODREJCP is on the upside while LUPIN is on the downside.

GODREJCP is currently quoting at Rs.721.05 up by Rs 21.15 or 3.02% from its previous closing of Rs.699.90 on the NSE. The NSE stock has touched a 52 week high of Rs. 849.90 on 19-DEC-2018 & a 52 week low of Rs.575.00 on 04-SEP-2019. The stock after taking a pause had given an upside breakout, opening the short term target of 740.00

LUPIN is currently quoting at Rs.735.95 down by Rs.9.90 or -1.33% from its previous closing of Rs.745.85 on the NSE. The NSE stock has touched a 52 week high of Rs 914.90 on 31-OCT-2018 & a 52 week low of Rs 646.30 on 07-oct-2019. The stock after the V pattern recovery is likely to be in the selling mode. The coming days stock is likely to trade in a bearish trend.

Sensex, Nifty Halt Gaining Streak As Infosys Falls On Whistleblower Allegations

Indian equities were little changed on Tuesday amid the fall in shares of Infosys Ltd. The Sensex and the Nifty50 traded were at 39,317 and 11,683 respectively. Among sector compiled by NSE traded higher, led by the Financial Services Indexs 0.86 percent gain. On the flip side, the IT Index was the top sectoral loser, down 2.3 percent.

In the afternoon session, the equity market had been in tremendous pressure due to the drop in the Infosys share price. The balancing part was played by the Private banks which had managed to hold the Nifty. The Sensex was 79.02 down at 39,219.86 and Nifty at 11656.75. However, the broader market was outperforming the benchmark, the mid & small-cap were up by 0.73 & 1.13 percent respectively.

Despite the outperformance by the banking stock the frontline indices closed lower. Infosys was the major dragger after the anonymous whistleblower letter alleged that the companys Chief Executive Officer Salil Parekh dressed up the companys books. Resulting, the Sensex fell by 0.85 percent to close at 38,963.84 and the Nifty50 fell 0.63 percent to end at 11,588.35. Among sector compiled by NSE ended higher, led by the Pharma Indexs 1.9 percent gain. On the flip side, the IT Index was the top sectoral loser, down 4.8 percent. Further, the broader market had a mixed performance with mid & small-cap gaining 0.07 & 1.04 percent respectively.

Momentum Stock Of The Day

INFOSYS had tumbled more than 16 percent in a day after the anonymous whistleblower letter alleged that the companys Chief Executive Officer Salil Parekh dressed up the companys books. The stock is likely to trade under the bearish territory incoming day with the nearby downside level of 590.

Top Gainers

DRREDDY by 3.49% to Rs 2,819.90, ICICIBANK by 3.19% to Rs 451.75, BPCL by 2.38% to Rs 532.70, TITAN by 2.34% to Rs 1,331.00, CIPLA by 2.14% to Rs 453.65.

Top Losers

INFY By -16.65% to Rs 640.00, TATAMOTORS by -4.02% to Rs 131.35, BAJAJFINSV by -3.16% to Rs 8,005.00, BHARTIARTL by -2.83% to Rs 372.65,HCLTECH by -2.79% to Rs 1,064.90.

Key Market News

• China seeks $2.4 bn in sanctions against the US in the Obama-era case: WTO.
• Trade pact differences with the US broadly resolved: Piyush Goyal.
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 26.56 crore on Friday, DIIs were net buyers to the tune of Rs 586.88 crore.

Stocks To Watch

ASHOKA is on the upside while CYIENT is on the downside.

ASHOKA is currently quoting at Rs.108.00 up by Rs 4.05 or 3.90% from its previous closing of Rs.103.95 on the NSE. The NSE stock has touched a 52 week high of Rs. 155.00 on 30-MAY-2019 & a 52 week low of Rs.87.80 on 05-SEP-2019. The stock has been bottom-out and likely to remain in the bullish trend going ahead.

CYIENT is currently quoting at Rs.422.00 down by Rs.26.10 or -5.82% from its previous closing of Rs.448.10 on the NSE. The NSE stock has touched a 52 week high of Rs 694.80 on 19-OCT-2018 & a 52 week low of Rs 414.05 on 30-AUG-2019. The stock has been in a continuous downtrend and likely to remain so in the coming days.

Sensex ends above 39,000, Nifty jumps 100 pts; Tata Motors spike 13-15%

The Indian equity market had a positive opening for the fifth consecutive day. The Sensex was up 85 points to 38,684 while Nifty was near 11,475. Among sector compiled by NSE traded lower, led by the Metal Indexs 1.16 percent fall. While, the Media Index was the top sectoral gainer, up 1.05 percent.

The equity market had been trading flat in the afternoon session. The Heavyweight TCS and HDFC Bank were trading weak, While the HDFC & Reliance was the top contributor on the upside. The Sensex was trading at 38,626.81 up 27 points & Nifty at 11,460.00. The broader market had gained marginally following the benchmark.

Indian share market had a strong close in todays trading session. The governments intention to provide further fiscal stimulus, along with easing trade tension & positive development on BREXIT provided a boost to the market. The Sensex rose by 1.1 percent to close at 39,052 and the Nifty50 gained 1.07 percent to end at 11,586.35. Among sector compiled by NSE ended higher, led by the PSU Bank Indexs 3 percent rally. On the flip side, the IT Index was the only sectoral loser, down 0.4 percent. The Bulls with slowly but steadily gained control over the market. The overall index may hit and test previous all-time highs before the calendar year. 11,100 is a new strong base for the index. In the near term, 11,450 is the support zone.

Momentum Stock Of The Day

TATAMOTORS had closed above its recent swing high in todays trade. The stock witnessed a strong buying momentum after the positive development in the Brexit. The bullish trend is likely to surge stock to the levels of 150 in the coming days.

Top Gainers

YESBANK by 15.47% to Rs 47.40, TATAMOTORS by 13.27% to Rs 142.55, EICHERMOT by 7.96% to Rs 20,750.00, INDUSINDBK by 5.14% to Rs 1,340.00, BAJAJ-AUTO by 3.78% to Rs 3,138.00.

Top Losers

HCLTECH By -1.06% to Rs 1,089.20, VEDL by -0.97% to Rs 148.45, GRASIM by -0.73% to Rs 725.50, ULTRACEMCO by -0.73% to Rs 4,254.05,INFRATEL by -0.58% to Rs 255.60.

Key Market News

• World Bank likely to cut global growth forecasts again: World Bank President David Malpass.
• The US, Chinese teams working on Phase 1 trade deal text: US Treasury Secretary Steven Mnuchin.
• Sebi provides clarity on the code of conduct under insider trading rules.
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 686 crore on Wednesday, DIIs were net buyers to the tune of Rs 1,577 crore.

Stocks To Watch

GODREJCP is on the upside while MCX is on the downside.

GODREJCP is currently quoting at Rs.715.00 up by Rs 8.55 or 1.21% from its previous closing of Rs.706.45 on the NSE. The NSE stock has touched a 52 week high of Rs. 849.90 on 19-DEC-2018 & a 52 week low of Rs.575.00 on 04-SEP-2019. The stock after taking a pause had given an upside breakout, opening the short term target of 740.00

MCX is currently quoting at Rs.1,006.00 down by Rs.21.85 or -2.3% from its previous closing of Rs.1,027.85 on the NSE. The NSE stock has touched a 52 week high of Rs 1,110.00 on 16-OCT-2019 & a 52 week low of Rs 643.50 on 19-FEB-2019. The stock has given a bearish RSI divergence after making the new high recently. The next level on the downside would be 950.

Sensex, Nifty Close At Two-Week High; Bandhan Bank jumps 11%

Indian share market for the third consecutive day had opened higher. The Sensex rose by 0.3 percent to 38,330 and the Nifty50 grew by 0.23 percent to 11,367.35. The broader markets represented by the Nifty 500 Index rose 0.17 percent. Among sector compiled by NSE traded higher, led by the FMCG Indexs 0.5 percent gain. On the flip side, the Metal Index was the top sectoral loser, down 0.7 percent.

The afternoon was good for the equity market, as the bank shines along with the auto sector, leading Sensex to 38,449.59 up 235 points and nifty to 11,405.00. Moreover, the Metal and the IT sector were witnessing the selling pressure among all. Further, The Broader market was also marginally higher, gained 0.7 & 0.34 percent in Mid & Small-Cap respectively.

Another round of tussle won by the bulls in todays trade. Leading with the Banking and Auto stock the frontline indices had a stellar run, however, the last hour of trade was dominated by the metal stock which recovered from the days low and contributed toward the Nifty. The Sensex rose by 0.76 percent to 38,506.09 and the Nifty 50 rose 0.77 percent to 11,428.30 at the close. Among sector compiled by NSE traded higher, led by the Auto indexs 2.2 percent gain. On the flip side, the IT Index was the only sectoral loser, down 0.45 percent. Further, The on-going earnings season is likely to set the tone for the Indian markets as some of the heavyweights would be declaring their results this week. We expect that more than the earnings announcement, the outlook given by the management would hold importance, especially for consumption-driven companies. On the global front, market participants would keep a close watch on the US-China trade talks along with the movement in currency and crude oil prices.

Momentum Stock Of The Day

BANDHAN BANK had been in continues uptrend ahead of its inclusion in the MSCI index. The performance of the bank has been spectacular in the overall aspect of the growth indicator. Technically the stock is in a strong bullish trend, the next level to watch out would be 685.

Top Gainers

EICHERMOT by 4.69% to Rs 19,187.90, VEDL by 4.03% to Rs 153.75, ZEEL by 3.17% to Rs 250.60, ONGC by 2.70% to Rs 138.90, HEREOMOTOCO by 2.64% to Rs 2,678.00.

Top Losers

BHARTIARTL By -2.83% to Rs 382.40, INFY by -2.18% to Rs 769.00, INFRATEL by -1.27% to Rs 256.15,TATAMOTORS by -1.02% to Rs 126.55,JSWSTEEL by -0.88% to Rs 219.50.

Key Market News

• Retail inflation rises to 3.99% in Sept on costlier food items.
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 896 crore on Monday, DIIs were net sellers to the tune of Rs 425 crore.

Stocks To Watch

TATAGLOBAL is on the upside while INDIGO is on the downside.

TATAGLOBAL is currently quoting at Rs.277.60 up by Rs 1.85 or 0.67% from its previous closing of Rs. 275.75 on the NSE. The NSE stock has touched a 52 week high of Rs. 287.70 on 27-SEP-2019 & a 52 week low of Rs.177.05 on 19-FEB-2019. After taking support on the trendline, the stock had witnessed the buying interest with the RSI trading in the favor. Going ahead the bullish momentum likely to sustain.

INDIGO is currently quoting at Rs.1,752.55 down by Rs.14.20 or -0.80% from its previous closing of Rs.1,766.75 on the NSE. The NSE stock has touched a 52 week high of Rs 1,898.85 on 30-SEP-2019 & a 52 week low of Rs 781.35 on 23-OCT-2018. The stock is likely to witness the bearish move going ahead considering the emerging selling from higher levels, along with RSI & stochastic indicating the bearish trend.

A Disappointed Q2 earning sank Nifty below 11,250.

After a blockbuster performance in yesterdays trading session, The Indian equity market had a weak start on the weekly expiry day. the Sensex fell by 0.37% to 38,037.55, while Nifty was down 0.32% to 11,276.70 points. All the sectoral gauges compiled by NSE traded lower, led by the PSU Bank Indexs drop of nearly 1.35 percent.

The equity market had been unpredictable, indecisive in the afternoon session. The banks once again were in action but not so in a positive note, slide more than 2.5 percent, whereas, Reliance was trying to hold the Nifty. The Sensex was trading at 37,915.59, down at 255 points & Nifty at 11,240.15. Further, the broader market was down by 0.83 & 0.22 percent in mid & small-cap respectively.

The d-street closed just opposite of yesterday trade, there was an intense selling in the banking stock which spoiled the investors sentiment and spread the bloodbath across all the sectors. Moreover, the Q2 earning had started to unfold with INUSINDBK being the first heavyweight posting the result with higher slippage and lower growth. Secondly, TCS earning had got out just after the market hour with the miss in the margin, pursuing this the earning start had been quite disturbing for the market participant. However, In close, Sensex fell by 0.78 percent to close at 37,880 and the Nifty 50 declined 0.7 percent to end at 11,234.55. Nothing surprising in the broader market as the mid & small-cap declined by 1.16 & 0.47 respectively. Further, There was a restrict in the fall of Nifty, which was supported by the Reliance and somehow managed to close above 11,200, Going ahead, 11,340 & 11,190 will be the immediate resistance and support for Nifty.

Momentum Stock Of The Day

BHARTIARTL had surged in todays trade after Reliance Jio said it will end free voice calls on its network benefiting the Airtel. BhartiArtl had been consolidating from the last 4 months and so, the spike in today's session had given a fresh breakout in upside with opening the target of 450. However, the follow-up buying in tomorrow's session will be closely watching.

Top Gainers

BHARTIARTL by 4.35% to Rs 375.05,GRASIM by 3.67% to Rs 695.00, RELIANCE by 2.67% to Rs 1,360.15, HINDUNILVR by 1.64% to Rs 1,980.00, HCLTECH by 1.23% to Rs 1,064.00.

Top Losers

INDUSINDBK By -6.04% to Rs 1,229.55, YESBANK by -5.43% to Rs 40.90, GAIL by -3.63% to Rs 127.30,TATAMOTORS by -3.39% to Rs 116.80,VEDL by -3.23% to Rs 141.00.

Key Market News

• Foreign portfolio investors were sellers of domestic stocks to the tune of Rs 485 crore on Wednesday, DIIs were net buyers to the tune of Rs 956 crore

Stocks To Watch

ACE is on the upside while TCS is on the downside.

ACE is currently quoting at Rs. 77.45 up by Rs 2.85or 3.82% from its previous closing of Rs. 74.60 on the NSE. The NSE stock has touched a 52 week high of Rs. 124.20 on 02-APR-2019 & a 52 week low of Rs.48.20 on 23-AUG-2019. The stock had given a fresh break-out on the upside after consolidating from a couple of weeks. Going forward the bullish trend likely to remains so.

TCS is currently quoting at Rs.2,002.80 down by Rs.17.30 or -0.86% from its previous closing of Rs.2,020.10 on the NSE. The NSE stock has touched a 52 week high of Rs 2,296.20 on 03-SEP-2019 & a 52 week low of Rs 1,784.35 on 29-OCT-2018. The stock is in a continuous downtrend, further, the dented Q2 result would add the selling fuel going ahead.

Bulls awakes with thunder, BankNifty Strikes

Indian equities had a flat start amid the weakness of global peers. The Sensex and the Nifty 50 traded little changed at 37,561 and 11,125. Among sector compiled by NSE traded higher, led by the FMCG Indexs 0.45 percent gain. On the flip side, the PSU Bank Index was the top sectoral loser, down 0.21 percent.

Indian share market was fluctuating between gains & losses in the afternoon session. The banking stock was leading the nifty in an upward direction, While, Reliance and Titan were dragging the Nifty lower. The Sensex was 83.22 points higher at 37,615 & Nifty at 11,155.70. Further, the broader market was also trading with marginal gains.

It was an extraordinary performance by the banking and the financial stock in the last half of the trading session. Observing todays action on the d-street, we can surely say that the bulls had awakened after a week-long correction and outlook for the coming day seems quite bullish. In the closing, The Sensex settled 645 points higher at 38,177 while the Nifty surged 1.7% to 11,313. Other than bank the metal also closed on the high note, however, the IT & Pharma stock continued to trade weak. Further, the broader market also had a decent jump with mid & small-cap gained 1.28 & 0.88 percent respectively. Going ahead, the NIFTY BANK would be the key player for the continuation of the bullish trend. The support can be seen from the Auto and metal sector, however, the comeback form the IT and the Pharma stock will be watched.

Momentum Stock Of The Day

INDUSINDBK after a sharp sell-off in last week witnessed a hefty buying in todays trade. The buying came just ahead of the Q2 earnings announcement, which is scheduled tomorrow. On the upside, the stock can rally uptill 1460 in the short term, The reversal in the stock price is been supported by the price action and the oscillators.

Top Gainers

INDUSINDBK by 5.52% to Rs 1,309.50,INFRATEL by 5.34% to Rs 259.20, BHARTIARTL by 5.23% to Rs 359.40, SBIN by 5.10% to Rs 261.80,ULTRACEMCO by 4.92% to Rs 4,061.00.

Top Losers

YESBANK By -5.15% to Rs 43.30, HEREMOTOCO by -2.80% to Rs 2,599.00, ZEEL by -2.37% to Rs 245.55,TITAN by -2.27% to Rs 1,230.40,HCLTECH by -2.17% to Rs 1,051.05.

Key Market News

• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 494 crore on Monday, DIIs were net buyers to the tune of Rs 905 crore.
• Feds Powell says US expansion is sustainable

Stocks To Watch

VENKEYS is on the upside while TCS is on the downside.

VENKEYS is currently quoting at Rs. 1,645.00 up by Rs 48.55 or 3.04% from its previous closing of Rs. 1,596.45 on the NSE. The NSE stock has touched a 52 week high of Rs. 2,954.95 on 05-NOV-2018 & a 52 week low of Rs.1,135.25 on 05-AUG-2019. The stock is trading in the rising channel with RSI supporting the move, the stock is likely to remain bullish going ahead.

TCS is currently quoting at Rs.2,021.90 down by Rs.25.80 or -1.26% from its previous closing of Rs.2,047.70 on the NSE. The NSE stock has touched a 52 week high of Rs 2,296.20 on 03-SEP-2019 & a 52 week low of Rs 1,784.35 on 29-OCT-2018. The stock is in a continuous downtrend, after consolidating in last week the stock in todays trade once again break down the with open downside target going ahead.

Sensex extends losses to the sixth day, ITC, TCS Fall.

The Indian equity market had a weak opening. The Sensex was 85 points, or 0.23 percent, down at 37,588, while the Nifty was 46 points, or 0.41 percent, down at 11,129. Among sector, compiled by NSE traded lower, led by the Media Indexs 3.49 percent fall. On the flip side, the Nifty IT Index was the only sectoral gainer, up 0.35 percent.

After a weak start, the frontline indices had gathered the strength and were trading higher. The banking and financial stocks were the major contributor, led by the ICICI & HDFC Bank. the Sensex was 105 points higher at 37,779.03 and Nifty at 11,190.35. However, the selling was there in the broader market, with Mid & Small-Cap down by 0.37 & 0.97 percent respectively.

In the last hour, the Indian equity market faced the selling pressure, Extending the decline for the 6th consecutive day. Sensex closed 141 points, or 0.38 percent, down at 37,531.98, While, The Nifty index settled 48 points, or 0.43 percent, lower at 11,126.40. Among sector compiled by NSE traded lower, led by the Pharma Index, with the 3.35 percent fall. On the flip side, the Media Index was the top sectoral gainer, up 1.37 percent. Following the benchmark, the broader also market declined by 0.32 & 1.25 in mid & small-cap. Technically, Nifty is again trading near its previous breakout zone of 11,080-11,060 zone, making it a good support in the near term. If it manages to hold the said levels, then we may see a good bounce towards 11,250

Momentum Stock Of The Day

AUROPHARMA had plunged more than 20 percent in a day, making it one of the worst fall in decades. The share price tumbled after the USFDA has issued a note (after inspecting Aurobindos Unit-7 between September 19-27, 2019) indicating procedural lapses along with a lack of Quality control. The Stock had a multi-year breakdown and can witness much more downside going ahead.

Top Gainers

YESBANK by 7.59% to Rs 45.35,BPCL by 5.62% to Rs 250.15, BRITANNIA by 3.88% to Rs 2,955.45, AXISBANK by 1.87% to Rs 668.70,NESTLEIND by 1.18% to Rs 13,600.25.

Top Losers

BPCL By -5.17% to Rs 488.90, JSWSTEEL by -3.07% to Rs 208.05, ONGC by -2.93% to Rs 125.75,ULTRACEMCO by -2.63% to Rs 3,875.00,CIPLA by -2.40% to Rs 408.00.

Key Market News

• US-North Korea talks stalled.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 683 crore on Friday, data available with NSE suggested. DIIs were net buyers to the tune of Rs 606 crore.
• Budgetary exercise to start from October 14.

Stocks To Watch

VENKEYS is on the upside while SBIN is on the downside.

VENKEYS is currently quoting at Rs.1,596.00 up by Rs 102.10 or 6.83% from its previous closing of Rs. 1,493.90 on the NSE. The NSE stock has touched a 52 week high of Rs. 2,954.95 on 05-NOV-2018 & a 52 week low of Rs.1,135.25 on 05-AUG-2019. The stock is trading in the rising channel with RSI supporting the move, the stock is likely to remain bullish going ahead.

SBIN is currently quoting at Rs.249.05 down by Rs.0.90 or -0.36% from its previous closing of Rs.249.95 on the NSE. The NSE stock has touched a 52 week high of Rs 373.80 on 18-JUL-2019 & a 52 week low of Rs 245.55 on 01-OCT-2019. Heavy dumping of the stock had been witnessed from a couple of the days, indicating a bearish trend to continue and every rise will be an opportunity to sell.

Sensex, Nifty Extend Decline For Fourth Day Ahead Of RBI Policy; YES Bank surges 33%

The disappointing manufacturing and hiring data crack the Dow second day in a row, Tracking the same the Indian share market too had a weak start. The Sensex declined over 225 points while Nifty traded below 11,280 marks. All the 11 sectoral gauges compiled by NSE traded lower, led by the Metal Index.

In the afternoon session, the Indian share market was witnessing a choppy trade. The HDFC Twins were the major lagger for the Sensex which was trading at 38,154.64 down 150.77 points, While Nifty at 11,322. However, the Broader market was trading flat with no major gains or losses.

An indecisive day closed the frontline indices lower, forming a Doji candle on the daily chart of Nifty. It was a dull closing for the first weekly expiry of October series, the major culprit was the HDFC Twins down anyway between 1 to 2 percent. At the close, The Sensex declined by 198.54 points at 38106.87, and the Nifty was down by 46.80 points at 11313.10. Among the sectors, Energy added 1.56 percent followed by Nifty Auto and Nifty PSU Bank while the top sectoral losers included Nifty Metal and the Bank Nifty index. However, compared with a benchmark, the broader market did well, closed with minimum losses of 0.06 & 0.25 percent in mid & small-cap.

Momentum Stock Of The Day

YESBANK was the stock of the day, gained more than 32 percent intraday. The stock witnessed a buying interest after the positive concall from the management, adding to that, the short-covering surged the stock price to the roof. the stock can witness the levels of 52 in a short time considering the strong momentum of the stock.

Top Gainers

YESBANK by 33.59% to Rs 42.75,BPCL by 7.50% to Rs 530.95, ZEEL by 6.50% to Rs 248.30, TATAMOTORS by 6.37% to Rs 122.65,IOC by 2.96% to Rs 152.95.

Top Losers

VEDL by -4.66% to Rs 144.25, HINDALCO by -4.01% to Rs 182.15, COALINDIA by -3.45% to Rs 187.40,TATASTEEL by -3.41% to Rs 339.55,INDUSINDBK by -3.09% to Rs 1,258.00.

Key Market News

• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,298.56 crore on Tuesday, DIIs were net buyers to the tune of Rs 1,503 crore.
• North Korea fires ballistic missile.

Stocks To Watch

TIMKEN is on the upside while SBIN is on the downside.

TIMKEN is currently quoting at Rs.804.00 up by Rs 11.05 or 1.39% from its previous closing of Rs. 792.95 on the NSE. The NSE stock has touched a 52 week high of Rs. 816.90 on 24-SEP-2019 & a 52 week low of Rs.500.00 on 10-DEC-2018. The stock is in a strong bullish trend with the heavy buying interest from the market participant. The same is likely to remain in the coming days.

SBIN is currently quoting at Rs.255.35 down by Rs.0.60 or -0.23% from its previous closing of Rs.255.95 on the NSE. The NSE stock has touched a 52 week high of Rs 373.80 on 18-JUL-2019 & a 52 week low of Rs 245.55 on 01-OCT-2019. Heavy dumping of the stock had been witnessed from a couple of the days, indicating a bearish trend to continue and every rise will be an opportunity to sell.

A sharp bounce from 200-DMA closed Nifty above 11,350, Sensex falls 362 pts

Tracking the positive global clues, the Indian share market had a positive opening. The Sensex was up 237.73 points at 38,905.06, while Nifty grew by 70.30 points at 11,544.80. Among sectors, except IT and metal all indices are trading higher led by the bank, auto, infra, FMCG, pharma, and energy.

After a strong start, the Nifty slipped to the level of 11,408 But somehow managed to recover sharply. The Sensex was trading at 38913.54 up 246 points & Nifty at 11,547.05. The HDFC Twins were the top contributor to the benchmark indices, While the IT pack was trading weak. However, the Mid & small-cap were down 0.44 & 0.65 percent respectively.

A rollercoaster ride in the Indian equities, along with major cut seen in a specific stock slashed the benchmark indices to close lower. The selling was so intense that the stock was down anyway between 5-30 percent, Yet it had been a common condition for market participants nowadays. The PMC Bank situation & the IBULHSGFIN allegations of fraud had questioned the overall banking system, fueling the sentiment of the investor to dump the stock. The Sensex was down by 361.92 points at 38,305.41 and the Nifty50 fell by 114.60 points to 11,359.90. All sectoral indices closed in the red with Nifty Bank, Auto, FMCG, Metal, Pharma, and Realty declining 1-4 percent. The broader market had a higher cut declined, Which was more than 1.80 percent in Mid & Small-Cap.

Momentum Stock Of The Day

BPCL is witnessing a heavy buying interest after the divestment proposal by the government. The stock had been re-rated by many brokerage houses giving an overweight stance and increasing the target. The stock is been trading in the bullish trend and soon likely it can test the 52 high levels.

Top Gainers

BPCL by 4.85% to Rs492.90,M&M by 2.17% to Rs 559.00, HDFCBANK by 1.85% to Rs 1,250.20, IOC by 1.09% to Rs 149.00,MARUTI by 1.05% to Rs 6,786.60.

Top Losers

YESBANK by -22.22% to Rs 32.20, ZEEL by -10.79% to Rs 236.85,INDUSINDBK by -5.61% to Rs 1,306.00,SBIN by -5.37% to Rs 256.25,GRASIM by -5.01% to Rs 693.50.

Key Market News

• The core sector output declined by 0.5% in August.
• RBI is likely to reduce repo rates by 25 bps on October 4: Goldman Sachs.
• Fiscal deficit reaches over 78% at Rs 5.54 lakh cr till August end.

Stocks To Watch

CONCOR is on the upside while SBIN is on the downside.

CONCOR is currently quoting at Rs.643.00 up by Rs 38.25 or 6.32% from its previous closing of Rs. 604.75 on the NSE. The NSE stock has touched a 52 week high of Rs. 666.00 on 01-OCT-2019 & a 52 week low of Rs.433.60 on 25-OCT-2018. The stock is in a strong bullish trend with the heavy buying interest from the market participant. The same is likely to remain in the coming days.

SBIN is currently quoting at Rs.256.25 down by Rs.14.55 or -5.37% from its previous closing of Rs.270.80 on the NSE. The NSE stock has touched a 52 week high of Rs 373.80 on 18-JUL-2019 & a 52 week low of Rs 245.55 on 01-OCT-2019. Heavy dumping of the stock had been witnessed from a couple of the days, indicating a bearish trend to continue and every rise will be an opportunity to sell.

Nifty below 11,500, Yes Bank, RBL Bank shares plunge over 10%

On considering the delisting of Chinese companies from US stock exchanges, the trumps administrative raised the concern of investors across the globe. Reacting on the escalation in a trade war the metal sector was the worst hit in the early trade. The Sensex was down 118.54 points or 0.31% at 38704.03, and the Nifty declined 34.90 points or 0.30% at 11477.50.

In the afternoon session, the banking stock had dragged the indices lower, the Sensex was trading at 38,513.86 & NIfty at 11,421.90, down by 90 points. Pharma, Metal & auto also led the decline, However, IT stock was exceptional, gained more than 1 percent. Besides, The Selling was higher in mid & small cap down by 2.04 & 1.43 percent each.

Indian share market had witnessed a selling in todays session, however, the sharp recovery in the last hour managed the nifty to close above 11,450 marks. Taking a snap of a broader picture, the banking, Pharma & auto stock were excessively hurt. While the frontline indices were supported by the IT pack, gaining nearly 2 percent. At the close, the Sensex was down by 155.24 points at 38,667.33, while Nifty was down 37.90 points at 11,474.50. The broader market took a big hit, with mid & small-cap down by 1.51 & 1.62 percent respectively.

Technically, Nifty is trading in a range of 200 points for the last 5 days whereas 11,600 is standing as crucial resistance and 11,400 is acting as strong support. We expect that in the near term RBI policy outcome (scheduled on October 04th) will provide some direction to the markets. Until that, markets are likely to remain range-bound.

Momentum Stock Of The Day

IBULHSGFIN has witnessed over a 38% drop in a day. Their maximum fall since listing to hit an over five-year low after a court-ordered probe into allegations of fraud at the company. The stock had a downside target open for 210 in the near-term.

Top Gainers

BHARTIARTL by 6.93% to Rs373.30, HCLTECH by 3.61% to Rs 1,078.65, UPL by 3.30% to Rs 601.25, INFY by 2.81% to Rs 804.20,ITC by 2.45% to Rs 259.15.

Top Losers

YESBANK By -14.36% to Rs 41.75, INDUSINDBK by -6.13% to Rs 1,390.00,SBIN by -3.63% to Rs 271.00,ICICIBANK by -3.43% to Rs 433.80, ZEEL by -3.31% to Rs 264.50.

Key Market News

• Govt may seek Rs 30,000 crore interim dividend from RBI.
• Saudi Arabia to invest $100 billion in India.
• IRCTC IPO to open today.
• China September factory activity shrinks for the fifth month: official PMI.

Stocks To Watch

CONCOR is on the upside while LICHSGFIN is on the downside.

CONCOR is currently quoting at Rs.605.00 up by Rs 13.85 or 2.34% from its previous closing of Rs. 591.15 on the NSE. The NSE stock has touched a 52 week high of Rs. 633.60 on 26-SEP-2019 & a 52 week low of Rs.433.60 on 24-OCT-2018. The stock is in a strong bullish trend with the heavy buying interest from the market participant. The same is likely to remain in the coming days.

LICHSGFIN is currently quoting at Rs.376.20 down by Rs.17.95 or -4.55% from its previous closing of Rs.394.15 on the NSE. The NSE stock has touched a 52 week high of Rs 587.00 on 05-JUL-2019 & a 52 week low of Rs 370.00 on 30-SEP-2019. The stock is making a lower low on each trading day, Thus witnessing a bearish trend and mostly to remain the same in the coming days.

Nifty ends Sept series above 11,550; Metal, Auto Shines

Tracking the positive commentary from President Trump on the US-China Trade deal boosted the sentiment among the market participants. The Sensex was up by 147.33 points at 38740.85, while Nifty grew by 50.80 points at 11491. Among sector compiled by NSE traded higher, led by the PSU Bank Indexs 0.65 percent gain. On the flip side, Nifty IT Index was the top sectoral loser, down 0.33 percent.

The benchmark indices had gained a handsome return in the afternoon session. The Banking and financial stock outperformed, while IT stock had witnessed a profit booking after a recent surge. The Sensex was trading at 39,047.02 up 453 points and Nifty at 11,577.90. The broder market was also heated and the gains of 0.90 & 0.45 percent had been recorded in the Mid & Small -cap respectively.

Indian share market had strong closing on the monthly F&O expiry day. The market strength was led by metals and banking stocks. However, Easing of crude oil prices coupled with positive cues from the US-China trade war front, lend support to the market. Further, The positive cues from Prime Minister Modis address in Global Business Forum 2019 and expectations of further bold reforms boosted investor confidence.the Sensex grew by 396.22 points at 38,989.74, while Nifty was up by 131 points at 11,571.20. Among sectors, except IT all other indices ended higher led by the metal, auto, bank, energy, infra, pharma, and energy. NSE Midcap and smallcap ended with the gains of 0.86 & 0.62.

Momentum Stock Of The Day

Shipping Corporation of India had witnessed a reversal from its long term support of 25. In todays trade also the stock had a heavy buying interest, the move was supported by the media report about the government's proposal for a strategic sale in five top CPSEs, including SCI. Going forward the stock can have a run-up till the levels of 57.

Top Gainers

VEDL by 6.88% to Rs166.95, M&M by 5.67% to Rs 565.00, COALINDIA by 5.40% to Rs 203.00, IOC by 4.69% to Rs 147.30,ZEEL by 4.66% to Rs 286.20.

Top Losers

YESBANK By -4.66% to Rs 51.20, IBULHSGFIN by -3.35% to Rs 409.70,INFY by -1.02% to Rs 784.60, HINDUNILVR by -0.71% to Rs 2,037.00, WIPRO by -0.67% to Rs 237.20.

Key Market News

• India to spend $1.3 trillion on infrastructure: PM Narendra Modi.
• Sebi floats tighter norms for full disclosure on loan defaults with rating agencies.
• Indian direct selling industry rises 13% to Rs 13,000cr in FY19.

Stocks To Watch

RITES is on the upside while WIPRO is on the downside.

RITES is currently quoting at Rs.273.00 up by Rs 7.05 or 2.65% from its previous closing of Rs. 265.95 on the NSE. The NSE stock has touched a 52 week high of Rs. 321.60 on 14-NOV-2018 & a 52 week low of Rs.201.00 on 18-FEB-2019. The stock is in a strong bullish trend with the heavy buying interest from the market participant. The same is likely to remain in the coming days.

WIPRO is currently quoting at Rs.237.20 down by Rs.1.60 or -0.67% from its previous closing of Rs.399.35 on the NSE. The NSE stock has touched a 52 week high of Rs 301.60 on 14-JUN-2019 & a 52 week low of Rs 222.01 on 25-OCT-2018. The stock is making a lower low on each trading day, Thus witnessing a bearish trend and mostly to remain the same in the coming days.

Nifty Gains ahead of Fed policy outcome; Metal stocks shine

Indian equities had a strong start, which was backed by the report, hinting Saudi oil production to resume sooner than expected, coupled with the expectation of fourth booster dose from the FM. In the early trade, The Sensex grew by 195.08 points at 36676.17, while Nifty was up by 58.80 points at 10876.40. On the sectoral front, buying seen in the auto, metal, pharma, energy, and infra, while FMCG and IT indices were trading lower.

The majority of the early gains were erased in the afternoon session. Thereafter, bulls were trying to gain control since the range-bound price action was certainly creating a bottom in the short run. BAJAJ Twins were the significant contributor toward the indices which kept the Sensex up by 62.44 points at 36,543.15 & Nifty at 10,830.25. However, the Broader market was outperforming, trading with the gains of 0.35 & 0.41 Percent in Mid & Small-Cap respectively.

The equity markets traded with a positive bias throughout the session. The correction in crude oil prices has surely given respite to investors. Nevertheless, The geopolitical developments would still be one of the key factors on investors radar as any further escalation would have an adverse impact on markets and the economy. Apart from this, the FOMC meet outcome tonight would be a key factor as there is a wide expectation of a rate cut. However, commentary on growth and rate outlook would be crucial. On the domestic front, the suggestion to not reduce rates in certain sectors has impacted sentiments, however, the final decision would be taken at the GST Council meeting on September 20. At close, the Sensex was up 82.79 points at 36,563.88, while Nifty was up 23.10 points at 10,840.70. Among sector, except pharma, all other sectoral indices ended in the green led by the metal, IT, infra, energy, auto, and bank.

Momentum Stock Of The Day

Godfrey Phillips had witnessed an extra-ordinary move in todays session. The stock has outperformed the market from the last 2 months gaining the returns of more than 35 percent. However, Todays development was backed by the ban of an e-cigarette by the cabinet, after which the stock had surged more than 5 percent intraday.

Top Gainers

TATASTEEL by 3.70% to Rs 357.70, BPCL by 3.59% to Rs 382.00, VEDL by 3.16% to Rs 150.00, GAIL by 2.77% to Rs 135.55,SBIN by 2.35% to Rs 280.40.

Top Losers

BRITANNIA By -2.88% to Rs 2,614.90, IBULHSGFIN by -2.78% to Rs 417.20,COALINDIA by -2.61% to Rs 192.45, ONGC by -1.97% to Rs 127.15, EICHERMOT by -1.49% to Rs 16,043.00

Analysis Of Top Gainer And Loser

TATASTEEL is the top gainer in today's market session, The overall metal sector witnessed a buying throughout the day to become the worst performer, among which TATASTEEL top the rank.

BRITANNIA is the top loser in today's market, After brokerage firm Credit Suisse downgraded the stock rating to Neutral from Outperform.

Key Market News

• FM Nirmala Sitharaman working on the fourth booster dose to re-energize the economy.
• Japan's exports fall for 9th straight month as global demand falters.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 808 crore on Tuesday, DIIs were net buyers to the tune of Rs 86 crore.

Stocks To Watch

BAJAJELEC is on the upside while ICICIBANK is on the downside.

BAJAJELEC is currently quoting at Rs.391.00 up by Rs 0.95 or 0.24% from its previous closing of Rs. 391.95 on the NSE. The NSE stock has touched a 52 week high of Rs. 587.70 on 16-APR-2019 & a 52 week low of Rs.338.45 on 31-JUL-2018. The stock is making higher highs with RSI supporting the move, thus the stock is likely to move ahead in bullish momentum.

ICICIBANK is currently quoting at Rs.399.25 down by Rs.1.40 or -0.35% from its previous closing of Rs.400.65 on the NSE. The NSE stock has touched a 52 week high of Rs 443.90 on 27-JUN-2019 & a 52 week low of Rs 294.80 on 04-OCT-2018. The stock is facing selling pressure from higher levels indicating the weak trend in the stock for the coming days. The stock is making lower lows with the downside target of 374.

Sensex, Nifty Take a Hit On Oil Concerns; Auto, Bank, Metal Take a Worst Hit

Benchmark indices had a weak start tracking the losses in global equities. There is a rising concern about geopolitical risk after weekend attacks on Saudi Arabias oil facilities. The Sensex declined by 112.62 points or 0.30% at 37010.69, and the Nifty was down by 32.30 points or 0.29% at 10971.20. Among sectors, auto, FMCG, metal, and pharma were trading higher, while selling was seen in the energy, bank, infra and IT.

In the afternoon session, the frontline indices were trading at days low. There was a massive selling that was witnessing in the heavyweight Reliance, HDFC Twins& TCS, Which were dragging the indices lower. The Sensex was down 236.74 points at 36,885.33 & Nifty was trading at 10,929.60. Following the same, the broader market also declined by 0.30 percent respectively.

The Indian equity market tracking the geopolitical tensions surrounding Saudi Arabian oil supplies triggered a selloff in todays session. There remains a major worrisome regarding the current account and fiscal deficit that could take a hit if the oil prices continued to rise in the same manner. Moreover, the US Fed's policy announcement is scheduled tomorrow which happens to bring more chaos and volatility across the globe. At closing, the Sensex was down by 642.22 points at 36,481.09, while Nifty declined by 185.90 points at 10,817.60. All the sectoral indices ended in the red led by the auto, bank, metal, energy, infra, FMCG, IT and pharma. Midcap and smallcap also underperform in line with benchmark indices with nearly 2 percent cut. For the coming days, the important levels to watch out will be the 10,900 & 11,000 on the upside as the maximum OI is present at this level and 10,800 and 10,700 will be a major support in the downside.

Momentum Stock Of The Day

NILKAMAL outperformed the benchmark indices in todays trading session. The stock had fallen sharply in the last 12 months eroding 50 percent losses from the top. However, the stock had given short term range breakout which can witness the target of 1350 in the upside.

Top Gainers

GAIL by 1.85% to Rs 132.10, TITAN by 0.98% to Rs 1,159.75, HINDUNILVR by 0.97% to Rs 1,834.00, ASIANPAINT by 0.70% to Rs 1,532.00, INFY by 0.56% to Rs 832.35.

Top Losers

HEROMOTOCO By -6.25% to Rs 2,567.60, TATAMOTORS by -4.98% to Rs 122.20,TATASTEEL by -4.93% to Rs 343.30, AXISBANK by -4.68% to Rs 639.50, MARUTI by -4.62% to Rs 6,116.30.

Analysis Of Top Gainer And Loser

GAIL is the top gainer in today's market session, the stock survived the selling of todays trading session.

HEROMOTOCO is the top loser in today's market, The Auto sector witnessed a selling throughout the day to became the worst performer, among which HEROMOTOCO top the rank.

Key Market News

• Mutual funds collection via SIP up 7.5% to Rs 8,231 cr in Aug.
• India, the US working towards early resolution of trade issues: Piyush Goyal.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 751.26 crore on Monday, DIIs were net buyers to the tune of Rs 308.56 crore.

Stocks To Watch

BAJAJELEC is on the upside while AMARAJABAT is on the downside.

BAJAJELEC is currently quoting at Rs.390.05 up by Rs 1.25 or 0.32% from its previous closing of Rs. 391.30 on the NSE. The NSE stock has touched a 52 week high of Rs. 587.70 on 16-APR-2019 & a 52 week low of Rs.338.45 on 31-JUL-2018. The stock is making higher highs with RSI supporting the move, thus the stock is likely to move ahead in bullish momentum.

AMARAJABAT is currently quoting at Rs.631.05 down by Rs.19.50 or -3.00% from its previous closing of Rs.650.55 on the NSE. The NSE stock has touched a 52 week high of Rs 807.70 on 18-SEP-2018 & a 52 week low of Rs 572.85 on 20-JUN-2019. The stock is facing selling pressure from higher levels indicating the weak trend in the stock for the coming days.

Boiling crude crashed Sensex 262 pts; Nifty holds above 11,000

Indian share market fell in early trade, since a drone attack on Saudi Arabia's oil facilities, on Saturday, pushed crude oil prices higher. Amid that, the share price of the domestic oil marketing company fell sharply. The Sensex was down 176.72 points at 37,208.27, while Nifty declined by 60.90 points at 11,015. Among sectors, except FMCG and IT, other indices were trading in the red.

Most of the early losses in frontline indices were recovered in the afternoon session. The move was backed by Reliance Industries, Which turned the weakness into the strength for the benchmark indices. The Sensex was trading at 37,268.71 & Nifty at 11,041.35. There was mix trading activity in the broader market, where the mid-cap was up by 0.23 percent and small-cap was down by 0.14 percent.

Indian share market had a negative closing but managed to finish above 11,000 marks. The broader markets were buoyant as mid and small caps outperformed, which was promising. the Sensex declined by 261.68 points at 37,123.31, while Nifty was down 72.40 points at 11,003.50. Among sector, the banking and the auto stocks were the worst performer, While Pharma and IT pack outperformed in today's trading session. We continue our bullish stance on the Nifty and expect the dust to settle shortly. Near term, support is placed at 10,850 zones. Overall Nifty is in a path of recovery and the index is likely to test the 11,300-11,500 zone on the upside.

Momentum Stock Of The Day

Colgate Palmolive in today's trade has surged with heavy volume after the foreign brokerage house Credit Suisse expects a 15 percent upside in the share price. With that, another report showing the decline in the Patanjali sales also added a positive sentiment to the stock.

Top Gainers

TITAN by 2.15% to Rs 1,147.50, BRITANNIA by 1.80% to Rs 2,722.85, TECHM by 1.34% to Rs 719.00, ONGC by 1.28% to Rs 130.50, COALINDIA by 1.19% to Rs 200.55.

Top Losers

BPCL By -7.28% to Rs 378.80, M&M by -2.78% to Rs 535.95,SBIN by -2.52% to Rs 284.35, UPL by -2.45% to Rs 564.00, IBULHSGFIN by -2.39% to Rs 431.70.

Analysis Of Top Gainer And Loser

TITAN is the top gainer in today's market session After the company plans to raise 900 cr from commercial paper.

BPCL is the top loser in today's market, after drone attacks on Saudi Arabia's oil facilities.

Key Market News

• The Drone attack on Saudi Aramco oil facilities is estimated to impact 5 million bpd of oil production.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 405 crore on Friday, DIIs were net buyers to the tune of Rs 210 crore.

Stocks To Watch

JUBLFOOD is on the upside while ASIANPAINT is on the downside.

JUBLFOOD is currently quoting at Rs.1,274.00 up by Rs 27.90 or 2.24% from its previous closing of Rs. 1,251.10 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,487.70 on 01-APR-2019 & a 52 week low of Rs.977.00 on 26-OCT-2018. The stock is making higher highs with RSI supporting the move, thus the stock is likely to move ahead in bullish momentum.

ASIANPAINT is currently quoting at Rs.1,519.00 down by Rs.29.20 or -1.89% from its previous closing of Rs.1,548.20 on the NSE. The NSE stock has touched a 52 week high of Rs 1,622.50 on 03-AUG-2019 & a 52 week low of Rs 1,118.00 on 23-OCT-2018. The stock is facing selling pressure from higher levels indicating the weak trend in the stock. Coupled with the increase in crude price can affect the coming results.

Nifty halt five-day rally in a row; RIL, IT, auto stocks drag

Indian share market held another strong opening, supported by the gains in the global market. In the early trade, Sensex rises 100 pts and nifty was trading above 11,050 Mark. ICICI & HDFC Bank were the major contributor in the benchmark indices. On the sectoral front, all sectors were trading higher except the IT stock which was marginally lower.

In the afternoon session, the frontline indices had lost most of its early gains due to the fall in Reliance & TCS. The Sensex was trading at 37,275.66 up 4.84 pints & Nifty at 11,032.20. The broader market had a mixed performance with Mid-Cap losing by 0.10 percent & small-cap gaining by 0.71 percent. undoubtedly, the Small-cap were outperforming the overall market in the noon.

Benchmark indices after a sharp rally from 10,750 levels witnessed a profit booking in todays trading session. The weekly expiry day along with the major resistance emerged a selling pressure in the bourse. Among all, Reliance was the biggest setback, which dragged the Nifty below the 11,000 marks. Overall, Sensex was down 166.54 points at 37,104.28 and the Nifty fell 52.90 points to 10,982.80. However, the small-cap index outperformed the market closing with a gain of 0.31 percent. On the sectoral front, the auto stocks were the worst hit followed by the FMCG & IT. For the coming days, the important levels to watch out will be the 11,050 & 11,100 on the upside as the maximum OI is present at this level and 10,900 and 10,800 will be a major support in the downside.

Momentum Stock Of The Day

WOCKHARDT is been in a limelight from a couple of days as the stock has surged more than 30 percent in 2 days. The stock was in the continuous downtrend after making a high of 1012 in Jan 2018, diminishing more than 70 percent of the investor's wealth. On the weekly chart, the stock is trading with strong bullish momentum, with the upside target of 400 in the short run.

Top Gainers

IBULHSGFIN by 3.64% to Rs 447.15, ULTRACEMCO by 2.47% to Rs 4,000.00, ICICIBANK by 2.03% to Rs 402.60, HINDALCO by 1.65% to Rs 196.65, SUNPHARMA by 1.30% to Rs 427.70.

Top Losers

YESBANK By -4.68% to Rs 68.25, TATAMOTORS by -3.80% to Rs 129.25, MARUTI by -3.01% to Rs 6,398.75, AXISBANK by -2.79% to Rs 662.65, JSWSTEEL by -2.64% to Rs 221.70.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session, After Credit rating agency, CRISIL has downgraded Indiabulls Housing Finance Ltds (IBHFL) long-term debt instruments rating to CRISIL AA+ from CRISIL AAA.

YESBANK is the top loser in today's market, after the previous day's rally amid reports of Rana Kapoor selling the stake.

Key Market News

• OPEC cuts 2020 oil demand forecast, urges effort to avert new glut.
• Hong Kong Stock Exchange looks to acquire LSE for 32bn
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 267 crore on Wednesday, DIIs were net buyers to the tune of Rs 1,132 crore.

Stocks To Watch

SIEMENS is on the upside while TCS is on the downside.

SIEMENS is currently quoting at Rs.1,230.00 up by Rs 5.25 or 0.43% from its previous closing of Rs. 1,224.75 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The stock has given a healthy breakout and likely to remain bullish in the coming days.

TCS is currently quoting at Rs.2,134.60 down by Rs. 19.40 or -0.90% from its previous closing of Rs.2,154.00 on the NSE. The NSE stock has touched a 52 week high of Rs 2,296.20 on 03-SEP-2019 & a 52 week low of Rs 1,784.35 on 29-OCT-2018. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Nifty holds 11,000 with muted gains; Auto, metal outperforms

The bourse had a steady opening on the back of positive global clues. Overall the sentiments were mildly bullish in the morning trade, On the start, the Sensex was up 52.97 points at 37,198.42, while Nifty grew by 9.50 points at 11,012.50. On the sectoral front, buying was seen in the metal, auto, pharma, bank, and infra, while energy and IT sectors were marginally lower.

Frontline indices were trading at days high during the afternoon session since the momentum was upbeat by Reliance Industries. The Sensex was 182.20 point higher at 37,327.65 & Nifty at 1,047.95. The Broader market continued to outshined which was trading with the gains of 0.65 & 1.40 percent in mid & small-cap.

Fifth-straight day in a row for the Indian share market to close on a higher note. the Sensex was up by 125.37 points at 37,270.82, while Nifty grew by 32.70 points at 11,035.70. The move of today was supported by the Auto and the Metal stock, Which are in the strong bullish momentum from the start of the week, however, the IT pack continued to slip lower, Headed by the strengthening of INR. Overall, the bull seems to lose its steam as the major resistance happens to bring significant selling pressure on the Nifty. However, Tomorrow will be a big day on which the future trend will be decided, As it is also significant due to the weekly expiry day. For Tomorrows trading session the important levels to watch out will be the 11,000 & 11,200 on the upside as the maximum OI is present at this level and 11,000 and 10,900 will be a major support in the downside.

Momentum Stock Of The Day

In todays market tata motors had showcased an extraordinary performance in terms of gaining more than 10 percent on the back of the strong rise of the sale in china. In-all the overall auto sector outperformed the benchmark indices among which TaMo was the top performer. Going ahead, the strong momentum of the TaMo can continue with the upside target of the 148, the potential of 10 percent from the current level.

Top Gainers

YESBANK by 13.00% to Rs 71.30, TATAMOTORS by 10.66% to Rs 134.90, EICHERMOT by 5.10% to Rs 17,034.00, MARUTI by 3.86% to Rs 6,580.00, JSWSTEEL by 3.78% to Rs 227.80.

Top Losers

ONGC By -3.13% to Rs 125.35, WIPRO by -2.91% to Rs 248.15, GAIL by -2.80% to Rs 128.45, HCLTECH by -2.71% to Rs 1,055.00, ZEEL by -2.55% to Rs 353.70.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session, Rana Kapoor has initiated talks to sell a part of his holding to One97 Communications Ltd, the parent of Paytm and Paytm Payments Bank.

ONGC is the top loser in today's market after the company plans to buy out the rest of a western Indian petrochemical project

Key Market News

• FM Sitharaman's explanation for the auto slowdown: Millennials prefer Ola, Uber.
• RBI flags frauds, asks banks to evaluate transitory account dealings: Report.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 188 crore on Monday, DIIs were net buyers to the tune of Rs 686 crore.

Stocks To Watch

SIEMENS is on the upside while TCS is on the downside.

SIEMENS is currently quoting at Rs.1,226.85 up by Rs 38.60 or 3.27% from its previous closing of Rs. 1,188.25 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The stock has given a healthy breakout and likely to remain bullish in the coming days.

TCS is currently quoting at Rs.2,185.00 down by Rs. 12.50 or -0.57% from its previous closing of Rs.2,197.50 on the NSE. The NSE stock has touched a 52 week high of Rs 2,296.20 on 03-SEP-2019 & a 52 week low of Rs 1,784.35 on 29-OCT-2018. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Midcap index outshined, Nifty above 11,000-mark

The Global market looked positive on the overall plan of stimulus by the china and the hope of federal rate cut, this eases some concern of global growth. However, In the early trade Indian share market was trading lower. the Sensex was down 151.08 points or 0.41% at 36830.69, and the Nifty down 42.40 points or 0.39% at 10903.80. Among sectors, except pharma, all other indices were trading lower led by auto, metal, energy, bank and IT.

The benchmark indices had made a strong comeback after the fall in morning trade,The move had been backed by ICICI & HDFC Bank, However, the IT pack had been facing the headwind down nearly 0.50 percent. The Sensex was 175.10 points up at 37,156.87 & Nifty at 10,998.65. Following the same strength, the broader was trading with the gains of 0.74 & 0.41 percent in mid & small-cap.

Indian share market had a strong closing in todays trade. Its been witnessing that d-street had the upper hand of the bulls in the short run as well as there are positive global clues from the global market which are supporting the sentiments. On the sectoral front, the banking and auto stock had led its way, While, IT was the only sector that had disappointed throughout the day. The Sensex grew by 163.68 points at 37,145.45 and the Nifty50 rose 56.80 points to 11,003. The broader market outperformed the frontline indices with the Nifty Midcap index rising over a percent. On the options front maximum Put OI is at 10900 followed by 10800 strikes, while maximum Call OI is at 11000 followed by 11200 strike in September series.

Top Gainers

YESBANK by 4.30% to Rs 63.00, UPL by 3.85% to Rs 589.80, MARUTI by 2.72% to Rs 6,355.50, LT by 2.40% to Rs 1,360.50, BHARTIARTL by 2.28% to Rs 357.20.

Top Losers

HCLTECH By -1.40% to Rs 1,085.00, EICHERMOT by -1.26% to Rs 16,201.00, INFY by -1.21% to Rs 830.00, TECHM by -1.07% to Rs 714.00, BAJAJ-AUTO by -1.03% to Rs 2,810.00.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session, Yes Bank partners Microsoft to strengthen its AI-powered banking solutions

HDFC is the top loser in today's market after, Purdue Pharma, which is being primarily blamed for the opioid epidemic and is in settlement talks, is expected to pay as much as $12 billion and file for bankruptcy to re-emerge as a public trust, HCL Tech is IT services vendors to Purdue Pharma.

Key Market News

• Oil rises as Saudi Arabia signal OPEC cut to continue
• 18 PSBs hit by 2,480 cases of fraud of Rs 32,000 cr in Q1: RTI
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 957 crore on Friday, DIIs were net buyers to the tune of Rs 1,207 crore.

Stocks To Watch

SIEMENS is on the upside while TCS is on the downside.

SIEMENS is currently quoting at Rs.1,226.85 up by Rs 38.60 or 3.27% from its previous closing of Rs. 1,188.25 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The stock has given a healthy breakout and likely to remain bullish in the coming days.

TCS is currently quoting at Rs.2,185.00 down by Rs. 12.50 or -0.57% from its previous closing of Rs.2,197.50 on the NSE. The NSE stock has touched a 52 week high of Rs 2,296.20 on 03-SEP-2019 & a 52 week low of Rs 1,784.35 on 29-OCT-2018. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Nifty ends flat, Sensex sheds 80 pts; Tata Motors up 8%

Indian share market had a strong start, tracking the positive global markets. After the harsh reaction toward the GDP numbers, the market is getting stable and a much-needed relief rally can be witnessed in the d-street. The Sensex was up 126.34 points or 0.34% at 36851.08, and the Nifty grew by 50.60 points or 0.47% at 10895.30. All the sectoral indices were trading higher led by the metal, energy, infra, auto, bank and IT. Midcap and smallcap indices were also trading in green.

Benchmark indices were been trading flat, holding their gains in the afternoon session. Infosys was the top contributor to the nifty indices, Whereas, HDFC Ltd had been the lagger to the benchmark. The Sensex was 67.17 point higher at 36,791.90 & Nifty at 10,886.05. The Mid & Small-Cap were also trading with gains of more than 0.50 percent each.

The Indian share market missed the thrill factors that normally held in the expiry day. The entire last session has been a tussle between the bulls and bears with the result held to be a draw. The point to admire was nifty not losing its strength and holding the 10800 marks, While banking and financial stock slips and closed at days low giving a hard time to the benchmark indices. the Sensex closed at 36,644.42, while Nifty was up by 3.20 points at 10,847.90. Surprisingly, the Auto & the Metal sector was the outperformer in todays trade, Followed by the Pharma pack. Similarly, The Mid & Small-Cap also outshined the benchmark indices settling with the gains of 0.30 & 0.80 percent. For the coming weekly Series, Max OI for Nifty is at 10,800 at Put side and 11,000 at the call side, Most likely this will act as the stiff resistance and support for the NIfty.

Top Gainers

TATAMOTORS by 8.08% to Rs 118.35, COALINDIA by 7.30% to Rs 195.45, ONGC by 5.29% to Rs 125.30, BPCL by 4.52% to Rs 380.00, YESBANK by 3.95% to Rs 61.80.

Top Losers

HDFC by -2.81% to Rs 2,041.00, IBULHSGFIN by -2.25% to Rs 448.00, ICICIBANK by -2.24% to Rs 388.60, TCS by -1.31% to Rs 2,215.95, KOTAKBANK by -1.22% to Rs 1,409.00.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session, the postponement of Brexit could be helping Tata Motors perform better than other carmakers

HDFC is the top loser in today's market after, the company is witnessing continues selling pressure from the market participant.

Key Market News

• The US imposes duties on structural steel from China, Mexico.
• RBI asks banks to link lending rates to external benchmarks.
• US trade deficit shrinks, the gap with China remains elevated.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,738.49 crore on Wednesday, DIIs were net buyers to the tune of Rs 1,304.58 crore

Stocks To Watch

SIEMENS is on the upside while TCS is on the downside.

SIEMENS is currently quoting at Rs.1,168.55 up by Rs 0.75 or 0.06% from its previous closing of Rs. 1,167.80 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The stock witnessed a healthy buying interest from lower levels and likely to remain bullish, in the coming days.

TCS is currently quoting at Rs.2,215.95 down by Rs. 29.45or -1.31% from its previous closing of Rs.2,245.40 on the NSE. The NSE stock has touched a 52 week high of Rs 2,296.20 on 03-SEP-2019 & a 52 week low of Rs 1,784.35 on 29-OCT-2018. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Nifty ends above 10,800, Sensex up 161 pts; Maruti, Sun Pharma dip 3%.

Tackling the negative factors, the Indian share market began on the flat note amid the positive Asian market. The Sensex was up 45.10 points or 0.12% at 36608.01, and the Nifty up by 20.70 points or 0.19% at 10818.60. Among sectors, bank and pharma stocks were witnessing selling pressure, while some buying was seen in the FMCG, infra and IT.

In the afternoon session, Nifty was trading at days low, Reliance & Sunpharma were forming a pressure to drag indices lower. However, Financial and banking stock was stable and holding the Nifty. The Sensex was 63.30 point down at 36,499.61 & Nifty at 10,771.25. The broader market also had a cut of 0.40 percent in mid & small-cap.

Indian share market closed with the positive bias, thanks to the Metals and Bank stocks which had shown signs of short covering, which is positive for the market as these stocks have very high beta and can change the momentum of the market. the Sensex grew by 161.83 points at 36,724.74, while Nifty was up by 39 points at 10,836.90. Among sectors, buying seen in the bank, energy, infra, IT and metal, while FMCG, auto, and pharma remained under pressure. The broader market followed the same with mid & small-cap rose by 0.50 percent each. At present, Nifty needs to hold above 10,800 to witness a bounce towards 10,950 and then 11,000 levels, while on the downside, supports are seen at 10,750 and then 10,700 levels.

Top Gainers

TATASTEEL by 2.88% to Rs 340.95, BPCL by 2.82% to Rs 366.25, IOC by 2.81% to Rs 120.55, DRREDDY by 2.66% to Rs 2,600.20, JSWSTEEL by 2.45% to Rs 215.30.

Top Losers

MARUTI by -4.04% to Rs 5,805.20, SUNPHARMA by -3.04% to Rs 426.00, BRITANNIA by -3.02% to Rs 2,626.05, TATAMOTORS by -2.57% to Rs 109.75, ASIANPAINT by -2.52% to Rs 1,537.00.

Analysis Of Top Gainer And Loser

TATASTEEL is the top gainer in today's market session, the stock witnessed a good buying interest from the market participant.

MARUTI is the top loser in today's market after the company announces 2-day shutdown of Gurugram, Manesar plants

Key Market News

• NPAs may come down to Rs 9.1 lakh cr by FY20: Report
• RBI's task force recommends moves to ease credit markets
• Pound hits 3-year low as election threat adds to Brexit jeopardy
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 2,016.20 crore on Tuesday, DIIs were net buyers to the tune of Rs 1,251.35 crore.

Stocks To Watch

SIEMENS is on the upside while GLENMARK is on the downside.

SIEMENS is currently quoting at Rs.1,170.55 up by Rs 12.80 or 1.11% from its previous closing of Rs. 1,157.75 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The stock witnessed a healthy buying interest from lower levels and likely to remain bullish, in the coming days.

GLENMARK is currently quoting at Rs.382.00 down by Rs. -8.85or -2.26% from its previous closing of Rs.390.85 on the NSE. The NSE stock has touched a 52 week high of Rs 390.85 on 10-SEP-2018 & a 52 week low of Rs 353.50 on 23-AUG-2019. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Nifty suffers its biggest fall of this year; RIL, HDFC shares plunge

Tracing the lower than expected GDP numbers, along with a decline in GST collection opened the Indian benchmark indices in the negative territory. Besides, the merger of the PSU Banks spooked the market sentiment. Amidst that, the Sensex opened with a decline of 279.58 points at 37,053.21, while Nifty was down by 92.20 points at 10,931.10. On the sectorial font, except IT all other sectors were trading in the red.

In the afternoon session, the Indian share market was trading at the days low, HDFC & the ICICI Bank dragged the indices. The Sensex was down by 1.01 percent at 36,955.81 & Nifty at 10,909.55. The broader market followed the benchmark indices, down by 0.68 & 0.77 percent in Mid & small-cap.

The Indian equity market clocked its worst fall since October 2018. Most of the name goes to the Reliance industries which contributed a major portion in the fall of nifty. In all, the indices were trading under-pressure throughout the day among which the last hour selling squeezed the bears out of the d-street. the Sensex declined by 769.88 points or 2.06% at 36,562.91, while Nifty fall by 225.40 points or 2.04% at 10,797.90. The damage was enormous across the segment with Mid & Small -cap drop by 2.05 & 1.77 percent, With a surge in the India Vix, more than 18 percent. All the sectoral indices witnessed heavy selling pressure with consumer durables, metals and banks being the top losers. In the near term, weak domestic sentiment and uncertain global cues may continue to have a negative impact on India. Further, the falling rupee is a key concern, which could negatively impact market sentiment. On the global front, trade tensions between the US and China are likely to induce volatility across markets.

Top Gainers

TECHM by 1.35% to Rs 703.00, HCLTECH by 0.51% to Rs 1,106.00.

Top Losers

TATASTEEL By -4.52% to Rs 329.30, ULTRACEMCO by -4.37% to Rs 3,875.00,ICICIBANK by -4.35% to Rs 391.85, TITAN by -4.23% to Rs 1.058.40, IOC by -4.12% to Rs 117.40.

Analysis Of Top Gainer And Loser

TECHM is the top gainer in today's market session, the depreciation of rupee against dollar support the TECHM to close higher.

TATASTEEL is the top loser in today's market after the company stated it would shut parts of its non-core businesses in the United Kingdom.

Key Market News

• China, US kick off a new round of tariffs in a trade war
• China lodges WTO trade complaint against the US.
• Macroeconomic headwinds weighed on investor sentiments in 2018-19: SEBI annual report.
• India Inc's foreign borrowings more than double to $4.98 billion in July: RBI.
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 11,62.95 crore on Friday, data available with NSE suggested. DIIs were net buyers to the tune of Rs 1502.27 crore

Stocks To Watch

TECHM is on the upside while AMARAJABAT is on the downside.

TECHM is currently quoting at Rs.703.00 up by Rs 9.35 or 1.35% from its previous closing of Rs. 693.65 on the NSE. The NSE stock has touched a 52 week high of Rs. 709.05 on 05-JUL-2019 & a 52 week low of Rs.846.50 on 02-MAY-2019. The IT Pack is strong due to the depreciation of rupee vs dollar and among which TechM is likely to remain bullish.

AMARAJABAT is currently quoting at Rs.620.00 down by Rs. -0.20or -0.03% from its previous closing of Rs.620.20 on the NSE. The NSE stock has touched a 52 week high of Rs 880.00 on 28-AUG-2018 & a 52 week low of Rs 572.85 on 20-JUN-2019. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Sensex, Nifty Extend Declines As Private Lenders Drag; Sunpharma outshine.

Indian share market had a weak start on the F&O expiry day. Tracking the mixed global clues, plus the Global bond yields, which was lingering near the record low levels spooked the sentiment. The Sensex was down 151.90 points or 0.41% at 37299.94, while the Nifty was down by 47.60 points or 0.43% at 10998.50. Among sectors, except pharma, all other indices are trading lower led by the metal, bank, IT, infra, FMCG and energy.

In the afternoon session, the Indian share market was trading at the days low. HDFC Twins & ICICI bank was dragging the index lower, While Sunpharma was the top contributor to the nifty indices. The Sensex was 260 points down at 37,191.39 & Nifty at 10,967.75. A similar situation was observed in Mid & small cap which were down by 0.91 & 0.73 percent. On the sectoral side, Pharma was the only sector which was trading in the green, while all other sectors were in red led by financial and banking stock.

The August F&O series happened to be a continuation of negative closing. Mostly, banking and the financial stock were the reason for the drop in the benchmark Indices. However, the Pharma index outperformed the market, along with that, the metal sector recovered after a stiff fall in the past sessions in todays trade. At close, the Sensex declined by 382.91 points at 37,068.93, while Nifty was down by 97.80 points at 10,948.30. The broader market had also slide with the loss of 0.39 & 0.36 percent in mid & small-cap. Technically, the short term trend of Nifty continues to be negative. But, there is a possibility of an upside bounce from the lower levels in the next 1-2 sessions. Immediate supports to be watched at 10,900-860 levels. A confirmation of an upside bounce is likely to pull Nifty towards the key overhead resistance of 11,150 levels in the near term.

Top Gainers

SUNPHARAMA by 5.06% to Rs 434.00, INFRATEL by 3.46% to Rs 257.40, JSWSTEEL by 3.04% to Rs 212.00, VEDL by 2.61% to Rs 135.80,COALINDIA by 2.54% to Rs 189.75.

Top Losers

YESBANK By -3.36% to Rs 57.50, SBIN by -3.30% to Rs 275.50,HDFC by -2.63% to Rs 2,129.70, KOTAKBANK by -2.21% to Rs 1,450.90, AXISBANK by -2.21% to Rs 663.20.

Analysis Of Top Gainer And Loser

SUNPHARAMA is the top gainer in today's market session, After Report Of SEBI Clearing Fraud Allegations of the company.

YESBANK is the top loser in today's market, Moodys Investors Service downgraded Yes Banks creditworthiness deeper into junk status.

Key Market News

• MFs cut investment to NBFCs but hike exposure to G-secs, T-bills in April-July
• Govt relaxes FDI norms: 100% FDI in coal mining, contract manufacturing; 26% in digital media
• Nestle India to replace Indiabulls Housing Finance in Nifty50 with effect from September 27.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 935.27 crore on Wednesday, DIIs were net buyers to the tune of Rs 359.32 crore.

Stocks To Watch

UPL is on the upside while AMARAJABAT is on the downside.

UPL is currently quoting at Rs.558.40 up by Rs 1.40 or 0.25% from its previous closing of Rs. 557.00 on the NSE. The NSE stock has touched a 52 week high of Rs. 709.05 on 05-JUL-2019 & a 52 week low of Rs.388.10 on 08-OCT-2018. The stock is being traded with strength from the last couple of days and likely to remain bullish in the coming days.

AMARAJABAT is currently quoting at Rs.612.00 down by Rs. -0.60 or -0.10% from its previous closing of Rs.612.60 on the NSE. The NSE stock has touched a 52 week high of Rs 880.00 on 28-AUG-2018 & a 52 week low of Rs 572.85 on 20-JUN-2019. The stock is facing selling pressure from higher levels indicating the weak trend in the stock.

Nifty snaps 3-day gains, Below 11,100 levels; RBL down 12 %

The revealing data of FIIs selling the equities even after the rollback of the surcharges turned investors cautious. The benchmark indices corrected after three-day gains. Sensex was down 45.94 points at 37,595.33 and the Nifty fell 16.90 points to 11,088.50. Among sector compiled by NSE traded higher, led by the Pharma Indexs 0.80 percent gain. Metal Index was the top sectoral loser, down 0.65 percent.

In the afternoon session, Benchmark indices were trading at the days low. Heavyweight Reliance & HDFCBK were dragging the market lower, The Sensex was trading at 37,504.22 down 137.05 points & Nifty at 11,063.70. On the sectoral front, Metal was the worst performer, while buying was seen among the reality stocks. Similar pain was visible in the mid & small-cap also.

The Indian share market had a free-fall from the first tick of market opening. The sentiment got worsened in the last trading session. The banking stock and taking the heat from the trade war, the metal stock failed once again with Tata steel & JSW steel lost 4 percent each. However, the INR depreciation helped the IT pack to be the major contributor for the Nifty. At last, the Sensex declined by 189.43 points at 37,451.84 and Nifty50 fell by 59.30 points to 11,046.10. Following the same, the broader market closed with the cut of 0.97 & 0.67 percent in mid & small-cap. Currently, Nifty has been consolidating in the range of 10,700-11,200 for the past few weeks. 11,200 acts as a very strong resistance and crossing the same is critical for the index to resume its uptrend. On the downside breach of 10,800 is expected to infuse further selling pressure. Tomorrow will be an important day to watch, the expiry day is likely to bring the volatility and the roll-over data can also provide some clear picture for the Sep futures trend.

Top Gainers

HCLTECH by 2.72% to Rs 1,122.80, BPCL by 2.48% to Rs 350.80, INFY by 2.40% to Rs 803.50, INFRATEL by 2.20% to Rs 250.45,16,300.05 by 1.90% to Rs 16,300.05.

Top Losers

YESBANK By -7.13% to Rs 59.90, TATASTEEL by -4.29% to Rs 335.85,JSWSTEEL by -3.82% to Rs 205.22, VEDL by -3.77% to Rs 132.90, COALINDIA by -3.73% to Rs 184.70.

Analysis Of Top Gainer And Loser

HCLTECH is the top gainer in today's market session, the INR depreciation helped the IT pack among which HCl tech being the top performer.

YESBANK is the top loser in today's market, ahead of board meet on fundraising.

Key Market News

• Mutual fund industry eyes Rs 100 lakh cr AUM, 10 cr investor base in the next decade: AMFI.
• Stimulus measures to support sentiment but headwinds to drag growth to 6.4%: Moody's.
• Cabinet to think of relaxing FDI criteria.
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 923.94 crore on Tuesday, DIIs were net buyers to the tune of Rs 1,162.65 crore,

Stocks To Watch

UPL is on the upside while JSWSTEEL is on the downside.

UPL is currently quoting at Rs. 558.00 up by Rs 2.00 or 0.36% from its previous closing of Rs. 556.00 on the NSE. The NSE stock has touched a 52 week high of Rs. 709.05 on 05-JUL-2019 & a 52 week low of Rs.388.10 on 08-OCT-2018. The stock is being traded with strength from the last couple of days and likely to remain bullish in the coming days.

JSWSTEEL is currently quoting at Rs.205.25 down by Rs. -8.15or -3.82% from its previous closing of Rs.213.40 on the NSE. The NSE stock has touched a 52 week high of Rs 202.80 on 28-AUG-2019 & a 52 week low of Rs 206.30 on 26-AUG-2019. The stock has broken the 52-week low level and will likely to remain bearish in the coming days.

Sensex, Nifty Close At Two-Week High; Tata Motors climbs 9%

Favorable domestic cues along with positive global markets helped the Indian benchmark indices to open on a higher side. On the approval of 1.76 lakh crore payout to the government through RBI, boosted the sentiment of the market participant. the Sensex rose 138.98 points to 37,633.10 and the Nifty climbed 44.70 points to 11,102.60.

The benchmark indices were trading flat holding the morning gains. The strength was coming from the Auto & Metal stocks which kept the Sensex 164 points higher at 37,658 & Nifty at 11,114. The buying interest was more uplifted in the broader market with mid & small-cap up by 0.99 & 1.74 percent.

Indian share market for the third day in a row registered the positive gains in the d-street. However, on the daily chart, an indecisive Doji has formed indicating confusion among the market participant regarding the future trend. The Two positive news (RBI's surplus transfer and FPI surcharge withdrawal) may have changed the market sentiment for the short run but it hasn't changed the ground reality. Nevertheless, In todays trading session, The Sensex rose by 0.39 percent to close at 37,641.27 and the Nifty rose by 0.43 percent to 11,105.35. Among sector, Auto & Metal were the top-performing ones, While IT had a closing in the red. The Broader market outshined finishing with the gains of 0.74 & 1.80 percent in mid & small-cap.

Top Gainers

TATAMOTORS by 8.96% to Rs 120.45, BRITANNIA by 6.70% to Rs 2,703.60, TATASTEEL by 4.08% to Rs 351.85, YESBANK by 3.26% to Rs 64.95,NTPC by 3.25% to Rs 123.95.

Top Losers

IBULHSGFIN By -3.52% to Rs 470.60, BHARTIARTL by -3.52% to Rs 347.95, TECHM by -2.32% to Rs 675.10, INFY by -2.12% to Rs 785.50, GRASIM by -1.61% to Rs 725.45.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market session, The overall auto pack witnessed the buying interest among which TAMO was the top performer.

IBULHSGFIN is the top loser in today's market, the stock has witnessed hefty selling pressure resulted in the stock to be the top loser.

Key Market News

• RBI to transfer Rs 1.76 lakh crore surplus to the government.
• BSE launches interest rate options.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 752.90 crore on Monday, DIIs were net buyers to the tune of Rs 1,272.29 crore.

Stocks To Watch

SIEMENS is on the upside while JSWSTEEL is on the downside.

SIEMENS is currently quoting at Rs. 1,194.60 up by Rs 22.40 or 1.91% from its previous closing of Rs. 1,172.20 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. On the daily chart, the stock has witnessed a trendline break out with an increase in volume the stock is likely to be bullish in the coming days.

JSWSTEEL is currently quoting at Rs.213.50 down by Rs. -0.60 or -0.28 % from its previous closing of Rs.214.10 on the NSE. The NSE stock has touched a 52 week high of Rs 427.55 on 21-SEP-2018 & a 52 week low of Rs 206.30 on 26-AUG-2019. The stock has been trading in a downtrend and likely to remains so.

Sensex, Nifty Log Best Day Since Exit Polls on relief measures; Nifty Above 11,000

India benchmark Indices had a mighty start, on the back of stimulus measure announcement by the Finance Minister Nirmala Sitharaman, including the withdrawal of the surcharge, Which fueled the positive sentiments among the market participants. the Sensex Grew by 355.21 points at 37,056.37, while Nifty headed up by 108.60 points at 10,938. Among sectors, except IT and metal all indices are trading in the green led by the PSU bank, auto, energy, infra, and FMCG.

Despite the negative global clues, Benchmark indices had a sharp rise in the early trade. however, the profit-booking emerged which erased most of the indices gains. The escalation in the trade war between the US & China was an influential reason on which the investor turns cautious. The Sensex was trading at, 36,951.38 & Nifty at 10,897.80. The Broader marker was also trading with the healthy gains of 0.41 & 1.05 percent in mid & small-cap. Among sectors, metal was the worst-performing one, declined more than 3 percent, While Banking & FMCG were the biggest contributors in gains.

Indian benchmark indices after a long time have shown such a strength in the day. The rally was led by the banking & financial stocks, which boosted Nifty to jump 228.50 points or 2.11 percent to close at 11,057.90 & Sensesex at 37,494.12. The metal was the only sector which ended with the loss of nearly 1 percent. Along with the benchmark indices, the broader market also participated in the broad-based rally posting the gains of 1.58 & 2.34 percent in mid & small-cap. The index managed to close above the strong hurdle of 11k mark hinting bulls are trying to grab a grip from the lower end, now the Nifty has immediate hurdle near 11,100-11,180 zone. Any decisive break above 11,180 can push index towards 11,350 zones in the near term and support for the index is coming near 11,000-10,930 zone.

Top Gainers

ADANIPORTS by 5.81% to Rs 369.65, HDFC by 5.20% to Rs 2,150.00, BAJFINANCE by 5.06% to Rs 3,335.00, YESBANK by 5.06% to Rs 62.25,ULTRACEMCO by 5.00% to Rs 4,055.00.

Top Losers

JSWSTEEL By -3.06% to Rs 213.90, VEDL by -2.29% to Rs 134.25, TATASTEEL by -2.10% to Rs 338.00, HEROMOTOCO by -2.09% to Rs 2,585.10, SUNPHARMA by -2.07% to Rs 418.95.

Analysis Of Top Gainer And Loser

ADANIPORTS is the top gainer in today's market session ahead of the company's buyback that will open on September 6.

JSWSTEEL is the top loser in today's market, after an escalation in the trade war the overall metal pack was in selling pressure among which JSW witnessed the biggest cut.

Key Market News

• Forex reserves slide marginally by $70.8 mn to $430.5 bn.
• Trump hits back at China with more tariffs amid the escalating trade war.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,737.20 crore on Friday, DIIs were net buyers to the tune of Rs 1,548.49crore.

Stocks To Watch

TECHM is on the upside while NAUKRI is on the downside.

TECHM is currently quoting at Rs. 690.80 up by Rs 6.95 or 1.02% from its previous closing of Rs. 683.85on the NSE. The NSE stock has touched a 52 week high of Rs.846.50 on 02-MAY-2019 & a 52 week low of Rs.607.15 on 31-JUL-2019. The IT sector seems like the safe heaven and TECHM is looking strong and likely to remain on the buying side in the coming days. Plus the deprecation INR would benefit the IT sectors

NAUKRI is currently quoting at Rs.1,900.95 down by Rs. -38.40 or -1.98 % from its previous closing of Rs.1,939.35 on the NSE. The NSE stock has touched a 52 week high of Rs 2,443.90 on 03-JUN-2019 & a 52 week low of Rs 1,310.65 on 04-OCT-2018. The stock is after a triangle breakdown is continuously in a downtrend and likely to remain so.

Sensex tumbles 587 pts, Nifty below 10,750; Yes Bank, DLF plunge

Despite the positive global market, Indian equities had a weak start on the weekly expiry day. The Sensex was down 91.50 points at 36968.87, while Nifty declined by 33.40 points at 10885.30. Among sectors, except pharma and FMCG other indices were trading lower led by the metal, auto, energy, infra and IT.

Its an unstoppable selling that can be witnessed in the d-street during the afternoon session. The worst was noticed in the realty sector from which DLF crash more than 16 percent, Bank & metal are the other sectors which followed the same path. The bulls somehow have taken shelter in the FMCG and the pharma stock. The Sensex was down by 254.51 points at 36,805.86 & Nifty at 10,834.75. The pessimism can also be seen in the broader market with mid & small-cap down by 1.1.15 & 1.87 percent

On the thrilling weekly expiry day, The bears squeezed the bulls in the last leg of todays trade. Banking, Auto & reality stock were the culprits who plunged the market lower, whereas the IT sector was the only lone survival to close in green. The main reason for IT to close in positive was the rupee which tumbled to its lowest this year against the US dollar. The major cause for the fall might be the growing uneasiness among the participants as they are keenly awaiting some action from the government to boost the market sentiment. At close, The Sensex fell 587 points lower at 36,472 while Nifty settled 1.7% lower at 10,736. With no surprise, the broader space ends with a cut of 1.91 & 2.80 percent in mid & small-cap.

Top Gainers

BRITANNIA by 1.72% to Rs 2,425.40, TECHM by 1.52% to Rs 683.00, DRREDDY by 1.20% to Rs 2,533.05, TCS by 1.09% to Rs 2,210.00,HINDUNILVR by 1.03% to Rs 1,869.10.

Top Losers

YESBANK By -12.16% to Rs 57.45, VEDL by -7.61% to Rs 129.30, BAJAJFINSV by -5.20% to Rs 6,774.00, IBULHSGFIN by -5.18% to Rs 458.50, BAJFINANCE by -4.52% to Rs 3,113.90.

Analysis Of Top Gainer And Loser

BRITANNIA is the top gainer in today's market session, the stock has seen a buying after a sharp fall in the last couple of weeks.

YESBANK is the top loser in today's market, the stock falls for a third straight session on concerns over CG Power

Key Market News

• Government mulls 100% FDI in contract manufacturing.
• SEBI simplifies registration rules for FPIs; amends insider trading prohibition norms.
• Foreign portfolio investors were sellers of domestic stocks to the tune of Rs 771 crore on Wednesday, DIIs were net buyers to the tune of Rs 354 crore.

Stocks To Watch

TECHM is on the upside while LICHSGFIN is on the downside.

TECHM is currently quoting at Rs. 683.00 up by Rs10.20 or 1.52% from its previous closing of Rs. 672.80 on the NSE. The NSE stock has touched a 52 week high of Rs.846.50 on 02-MAY-2019 & a 52 week low of Rs.607.15 on 31-JUL-2019. In the sharp fall in d-street, The IT sector seems like the safe heaven and TECHM is looking strong and likely to remain on the buying side in the coming days.

LICHSGFIN is currently quoting at Rs.416.25 down by Rs. -47.15 or -10.17% from its previous closing of Rs.463.40 on the NSE. The NSE stock has touched a 52 week high of Rs 587.00 on 05-JUL-2019 & a 52 week low of Rs 387.60 on 05-OCT-2018. The stock is continually trading in a downtrend as the selling pressure is higher and likely to remains so.

Sensex slips 268 pts on slowdown concerns, Nifty ends at 10,919; Tata Motors down 9%

Indian stock markets were seen under pressure following the weakness in global peers and due to a lack of positive triggers for domestic investors. The Sensex was down by 19.64 points at 37,308.37, while Nifty declined by 10.90 points at 11,006.10. Among sectors, except IT other indices are trading lower led by the metal, FMCG and energy.

Indian benchmark indices were fluctuating between gain and losses in the afternoon session. The Sensex was 9.69 points down at 37,318.82 & Nifty was trading at 11,002.35. Among sectors, IT was the top-performing one, While PSUBank, Reality & Metal were the worst hit. However, the selling pressure was higher in the broader market, with mid & small-cap down by 0.67 & 0.59 percent respectively.

Another day for the Indian share market to fall after a rise at the start, Once again the auto and IT sector tried, but the fall was such impactful that the overall d-street ended in the red. However, Nifty survived the 11,900 level for the day. the Sensex declined by 267.64 points at 37,060.37, while Nifty was down by 98.30 points at 10,918.70. Following the benchmark, the broader market had also taken a hit of 1.57 & 1.95 percent in mid & small-cap. Tomorrow is the weekly expiry day, Its likely that there will be an increase in volatility. we may also witness the short-covering but how much will be the question. However, It seems that the Nifty has started the fifth leg of an Impulse on the downside. The crucial target on the downside is at 10,496, which is 78.6% retracement of the Oct June rally.

Top Gainers

HEROMOTOCO by 1.64% to Rs 2,713.00, MARUTI by 0.97% to Rs 6,250.90, INFY by 0.82% to Rs 799.25, TECHM by 0.72% to Rs 673.70,EICHERMOT by 0.53% to Rs 15,980.00.

Top Losers

TATAMOTORS By -9.57% to Rs 112.00, IBULHSGFIN by -8.94% to Rs 474.80, YESBANK by -8.64% to Rs 65.05, GRASIM by -4.69% to Rs 695.05, TATASTEEL by -4.54% to Rs 342.00.

Analysis Of Top Gainer And Loser

HEROMOTOCO is the top gainer in today's market session, clarified that it has not participated in fundraising for e-mobility startup Blu Smart Mobility.

TATAMOTORS is the top loser in today's market, Care Ratings downgraded long term rating of Tata Motors to AA- from AA, with outlook changing from Stable to Negative.

Key Market News

• NSE revises eligibility criteria for inclusion in Nifty indices, "all equity shares that are traded (listed and traded and not listed but permitted to trade) at the exchange are eligible for inclusion in the Nifty indices,"
• Foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 373 crore on Tuesday, data available with NSE suggested. DIIs were net buyers to the tune of Rs 296 crore

Stocks To Watch

TECHM is on the upside while LICHSGFIN is on the downside.

TECHM is currently quoting at Rs. 673.70 up by Rs 4.80 or 0.72% from its previous closing of Rs. 668.90 on the NSE. The NSE stock has touched a 52 week high of Rs.846.50 on 02-MAY-2019 & a 52 week low of Rs.607.15 on 31-JUL-2019. In the sharp fall in d-street, The IT sector seems like the safe heaven and TECHM is looking strong and likely to remain on the buying side in the coming days.

LICHSGFIN is currently quoting at Rs.458.50 down by Rs. -12.70 or -2.70% from its previous closing of Rs.471.20 on the NSE. The NSE stock has touched a 52 week high of Rs 587.00 on 05-JUL-2019 & a 52 week low of Rs 387.60 on 05-OCT-2018. The stock is continually trading in a downtrend as the selling pressure is higher and likely to remains so.

Sensex, Nifty Halt Three-Day Gaining Streak; Mahanagar Gas rallies 10%

The hope of stimulus in major economies boosted the sentiment of investors across the globe. Tracking the same, the Indian share market opened with marginal gains. The Sensex grew by 28.28 points at 37,430.77, while Nifty was up by 1.30 points at 11,055.20. Among sectors, FMCG and metal were witnessing selling pressure, while buying emerged in the auto, infra, IT and pharma. The Midcap and Smallcap were trading flat.

In the afternoon session, Indian benchmark indices were trading at days low and were struggling to gather the strength. IT & Auto were the major contributor to Nifty, While PSU bank & metal were among the top losers. The Sensex was down 96 points at 37,306 & NIfty at 11012.65. The broader market had witnessed a sharper cut of 1 percent each.

Indian equity benchmarks snapped their three-day gaining streak despite a recovery for automakers, Specifically Maruti which closed with the gains of 4 percent. Other than Auto, IT stocks again contributed, which kept Nifty above the 11,000 level. At closing, The Sensex declined by 74.48 points at 37,328.01, while Nifty was down 36.90 points at 11,017. The hit was higher in the broader market with mid & small-cap down by 0.85 & 0.62 percent. At present, Investors are pinning hopes on any stimulus/measures from the government to lift market sentiment. On the other hand, sentiment seems to be improving in the global markets post announcement of stimulus/measures by countries such as China and Germany.

Top Gainers

MARUTI by 4.02% to Rs 6,223.00, TATAMOTORS by 2.48% to Rs 123.80, HCLTECH by 1.97% to Rs 1,085.05, INFY by 1.91% to Rs 792.50,DRREDDY by 1.75% to Rs 2,553.00.

Top Losers

YESBANK By -6.65% to Rs 71.55, IBULHSGFIN by -3.32% to Rs 519.00, BRITANNIA by -3.24% to Rs 2,398.00, ULTRACEMCO by -3.23% to Rs 4,023.70,INDUSINDBK by -2.66% to Rs 1,404.10.

Analysis Of Top Gainer And Loser

MARUTI is the top gainer in today's market session, On the expectation of the stimulus from the government, Maruti drives in the positive momentum.

YESBANK is the top loser in today's market, following worries over the valuation of stake in Gautam Thapar's CG Power, which has been hit by allegations of financial irregularities.

Key Market News

• SEBI building framework to allow rating agencies access to loan default information.
• Govt removes the debenture reserve requirement for housing finance cos, NBFCs.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 306 crore on Monday, DIIs were net buyers to the tune of Rs 386 crore

Stocks To Watch

SIEMENS is on the upside while LICHSGFIN is on the downside.

SIEMENS is currently quoting at Rs. 1,163.55 up by Rs 3.40 or 0.29% from its previous closing of Rs. 1,166.95 on the NSE. The NSE stock has touched a 52 week high of Rs.1,367.05 on 05-JUL-2019 & a 52 week low of Rs.850.25 on 09-OCT-2018. The stock after the sharp correction had formed a bottom and at present, the stock is gathering the strength to move in the uptrend.

LICHSGFIN is currently quoting at Rs.472.35 down by Rs. -6.10 or -1.27% from its previous closing of Rs.478.45 on the NSE. The NSE stock has touched a 52 week high of Rs 587.00 on 05-JUL-2019 & a 52 week low of Rs 387.60 on 05-OCT-2018. The stock is continually trading in a downtrend as the selling pressure is higher and likely to remains so..

Last hour selling erases all gains, Sensex, Nifty end flat; Economy Awaits Stimulus.

Indian equities had a strong opening, on the optimism in global markets. The hope of more stimulus from central banks around the world gathered a positive momentum across the globe. The Sensex was up 206.35 points at 37,556.68, while the Nifty grew by 61.80 points at 11,109.60. All the sectoral indices are trading in the green led by the pharma, IT, bank, auto, FMCG, infra and metal.

In the afternoon session, Indian benchmark indices were trading near the day's high with Nifty above 11,100. The Sensex grew 284 points at 37,634.35, while Nifty was up 78.05 points at 11,125.85. Among sectors except for metal & PSU banks, all other sectors were performing in the higher side led by the pharma sector. The broader market was also trading with a gain of 0.50 percent each.

The last hour selling pressure erased all the intraday gains closing the benchmark indices marginally higher. The Sensex was up 52.16 points at 37,402.49, while Nifty was up 6.10 points at 11,053.90. Amongst the broader market indices, Midcap and Smallcap ended higher by 0.29% and 0.46% respectively. On the sectorial front, auto, FMCG and metal witnessed selling pressure, while buying seen in the infra, IT and pharma. Going ahead there are no key domestic triggers, the focus will now be on economic recovery and any stimulus/measures from the Indian government may boost sentiments. Moreover, positive global developments (stimulus announcement by Germany and interest rate reforms by China) have also infused positivity amongst the investors.

Top Gainers

SUNPHARMA by 2.72% to Rs 426.00, TECHM by 2.26% to Rs 673.90, AXISBANK by 1.41% to Rs 685.20, INFRATEL by 1.32% to Rs 252.50,TITAN by 1.24% to Rs 1,089.10.

Top Losers

YESBANK By -3.34% to Rs 76.80, GRASIM by -2.56% to Rs 733.00, IBULHSGFIN by -1.69% to Rs 533.60, GAIL by -1.66% to Rs 127.50, COALINDIA by -1.51% to Rs 198.90.

Analysis Of Top Gainer And Loser

SUNPHARMA is the top gainer in today's market session after US health regulator referred to company's Halol Plant as 'No Action Indicated'

YESBANK is the top loser in today's market, as the fund rising through a qualified institutional placement (QIP) may not be enough to tide over its current liquidity crunch, as per the s-street analyst.

Key Market News

• Forex reserves at an all-time high of $430.57 bn
• FPIs pull out Rs 8,319 crore so far in August
• India's holding of US govt securities surges to $162.7 billion
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,339 crore on Friday, DIIs were net buyers to the tune of Rs 1,058 crore.

Stocks To Watch

SUNPHARMA is on the upside while LICHSGFIN is on the downside.

SUNPHARMA is currently quoting at Rs.426.00 up by Rs 11.30 or 2.72% from its previous closing of Rs. 414.70 on the NSE. The NSE stock has touched a 52 week high of Rs. 679.30 on 06-SEP-2018 & a 52 week low of Rs.344.55 on 13-MAY-2019.The overall pharma sector is witnessing a healthy buying among which Sunpharma has the highest buying interest and likely to remain so.

LICHSGFIN is currently quoting at Rs.478.05 down by Rs. -2.25 or -0.47% from its previous closing of Rs.480.30 on the NSE. The NSE stock has touched a 52 week high of Rs 587.00 on 05-JUL-2019 & a 52 week low of Rs 387.60 on 05-OCT-2018. The stock is continually trading in a downtrend as the selling pressure is higher and likely to remains so.

Nifty ends above 11K, on possible roll-back of a higher tax on FPIs

D-street had a positive start on the back of mixed global cues, coupled with the above-average monsoon for a second straight week. The benchmark indices, Sensex grew by 173.11 points at 36863.61, while Nifty rose by 47.20 points at 10902.70. Among sector compiled by NSE traded higher, led by the NSE Nifty IT Indexs 1.05 percent gain. On the flip side, the NSE Nifty Metal Index was the top sectoral loser, down 1.15 percent.

In the afternoon session, the Indian benchmark indices were holding its morning gains. Reliance, which has witnessed a sharp fall in foregoing sessions was trading in green. The Sensex was trading at 36,826.77 up 136.27 & Nifty at 10,888.00, the contribution was coming from IT & FMCG pack, while Bank was trading weak. On the other hand, the broader market was trading mixed with Mid-cap losing 0.24, while Small-cap gaining 0.13 percent respectively.

Indian benchmark indices clocked their biggest intraday gains since the announcement of exit polls. The bulls which were slaughtered from the past couple of weeks, took the charge of d-street, following media reports suggested that the government is likely to roll-back recently impose a higher tax on foreign portfolio investors (FPIs). There was no stopping for the euphoria which was spread across all the segments. The two heavyweight, HDFCBK & RELIANCE were the top contributor among frontline indices, closing Sensex up by 636.86 points at 37,327.36, and the Nifty grew by 177 points at 11,032.50. The auto was the top-performing sector, besides that all other sectors also closed in green, posting a minimum gain of 1 percent. The broader market followed the benchmark indices, gaining 0.70 & 1.00 percent in Mid & Small -Cap.

Top Gainers

HCLTECH by 6.67% to Rs 1,090.90, TATAMOTORS by 5.62% to Rs 124.00, JSWSTEEL by 4.99% to Rs 222.85, RELIANCE by 4.26% to Rs 1,156.65, BPCL by 3.93% to Rs 344.10.

Top Losers

TATASTEEL By -4.03% to Rs 366.50, CIPLA by -2.78% to Rs 503.90, ULTRACEMCO by -2.28% to Rs 4,242.60, IBULHSGFIN by -0.99% to Rs 441.00.

Analysis Of Top Gainer And Loser

HCLTECH is the top gainer in today's market session, After posting the strong Q1 result, the stock witnessed a healthy buying interest in todays trade.

TATASTEEL is the top loser in today's market, after posting the weak Q1 result investor dump the stock in todays trade.

Key Market News

• India's monsoon rains above-average for the second straight week: IMD
• Donald Trump: Fed 'must cut rates bigger and faster.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 383.66 crore on Wednesday, DIIs were net buyers to the tune of Rs 532 crore.

Stocks To Watch

AUROPHARMA is on the upside while ESSELPACK is on the downside.

AUROPHARMA is currently quoting at Rs.599.65 up by Rs 44.95 or 8.10% from its previous closing of Rs. 554.70 on the NSE. The NSE stock has touched a 52 week high of Rs. 838.00 on 30-APR-2019 & a 52 week low of Rs. 536.60 on 05-AUG-2019. The Company has posted a strong Q1 result, resulting in healthy buying interest with heavy volume. The stock is likely to remain bullish in the coming days.

ESSELPACK is currently quoting at Rs.124.00 down by Rs. -6.30 or -4.83% from its previous closing of Rs.130.30 on the NSE. The NSE stock has touched a 52 week high of Rs 138.40 on 26-APR-2019 & a 52 week low of Rs 84.70 on 27-NOV-2018. The stock on the daily chart has given a negative crossover in the ichimoku cloud indicator indicating a bearishness in the stock.

Nifty ends below 10,900, Sensex falls 286 pts post rate cut

Indian share market had a flat opening ahead of the RBI Monetary policy outcome. the Sensex grew by 34.75 points at 37,011.60, while Nifty was up 1.90 points at 10,950.20. Among sectors, except metal, all other indices were trading with marginal gains. In the broader market, midcap and smallcap had a positive start.

Indian share market was trading flat with an increase in volatility amid the cuts in the repo rate by 35 basis points to 5.4 percent. Sensex was trading at 36959.15 down 17.70 points, While Nifty at 10933.40. Among sectors except for auto & metal, all other sectors were trading lower. The broader market was holding the gains, with small & mid-cap up by 0.61 & 0.81 percent.

The Reserve Bank of Indias decision to cut rates by 35 basis points is a positive decision. Downside risk to the lowered GDP forecast of 6.9% in FY20 due to growth headwinds in the global economy and slowdown in domestic consumption halted investors sentiment. However, the balancing act of RBI by adding liquidity to NBFC, Agri, and MSME will set the wheels of the economy for a revival in H2FY20. Though the last hour selling has pulled the indices to the day's low level, the Sensex closed at 36,690.50 down 286.35 points, while Nifty fall by 92.80 points at 10,855.50. Among sectors, Except IT and pharma, all other sectoral indices ended in the red led by bank, metal, auto, energy, and infra. The midcap and smallcap index also ended with the loss of 0.75 & 0.58 percent.

Top Gainers

ZEEL by 321.50% to Rs 2.90,CIPLA by 2.76% to Rs 513.95, YESBANK by 1.99% to Rs 87.05, HINDUNILVR by 1.89% to Rs 1,777.00, HEROMOTOCO by 1.29% to Rs 2,500.50.

Top Losers

IBULHSGFIN By -13.40% to Rs 445.15, M&M by -5.92% to Rs 516.90, TATASTEEL by -5.88% to Rs 378.00, TATAMOTORS by -4.33% to Rs 117.20, BPCL by -4.27% to Rs. 330.55.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session, After the continuous fall in last 7 day, the stock a breather in todays trade and was up by 2.90 percent.

IBULHSGFIN is the top loser in today's market, after posting the weak Q1 result investor dump the stock in todays trade..

Key Market News

• Oil prices sink as the US-China trade conflict stokes demand concerns.
• NSE IFSC-SGX Connect gets regulatory acceptance, intends to start by end 2020
• Sebi mulls tighter measures to assure full acknowledgment on loan defaults with rating agencies
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 2,108 crore on Tuesday, DIIs were net buyers to the tune of Rs 2,289 crore.

Stocks To Watch

LUPIN is on the upside while RELIANCE is on the downside.

LUPIN is currently quoting at Rs.776.90 up by Rs 26.05 or 3.47% from its previous closing of Rs. 750.85 on the NSE. The NSE stock has touched a 52 week high of Rs. 986.10 on 10-SEP-2018 & a 52 week low of Rs. 697.20 on 19-JUN-2019. The Company has posted a strong Q1 result, resulting in a strong buying interest.

RELIANCE is currently quoting at Rs.1,104.40 down by Rs. -23.90 or -2.12% from its previous closing of Rs.1,128.30 on the NSE. The NSE stock has touched a 52 week high of Rs 1,417.50 on 03-MAY-2019 & a 52 week low of Rs 1,016.40 on 25-OCT-2018. The stock after a trendline breakdown is continuously trading in a downtrend and also likely to remain so.

Nifty Rebound From Over Five-Month Low; ahead of RBI policy decision

Wall Street collapsed on Monday behind a fall in Chinas yuan currency and US President Trumps promise to impose additional tariffs on Chinese goods stoked an escalation of the US-China trade war. Tracking the same, Indian markets started on a flat note. the Sensex was up 41.29 points at 36741.13, while Nifty grew by 18.90 points at 10881.50. Among sectors, except FMCG other indices are trading with marginal gains led by the PSU bank, auto, infra, metal, IT and energy.

After the flat start in early trade, Indian benchmark indices gain the strength and were trading higher in the afternoon session. The Sensex was at 36,855.35 up 155.51 points and nifty at 10,908.80. Among sector, Except media, all other sectors were in the green. The momentum was higher in the broader market, with mid & small-cap trading with the gains of 1.35 & 0.75 percent. The sentiment turned positive, as the FM Nirmala Sitharaman addressed that she will meet the representatives of various sectors and "fairly quickly" come out with steps to help them.

Indian benchmark indices have a strong closed, with nifty touching the 11,000 marks. The broad-based buying witnessed in d-street was backed by FMs decision to have a discussion with FPIs amid continued outflow of liquidity. Adding, the hope for a 25 basis point rate cut in the RBI meet scheduled tomorrow provided some support to the trend. the Sensex grew by 277.01 points at 36,976.85 while Nifty rose by 85.70 points at 10,948.30. Among sectors, except energy other indices ended in the green led by the infra, auto, bank, metal, and FMCG. The broader market followed the benchmark gaining, 2.03 & 1.78 percent in mid & small-cap.

Top Gainers

IBULHSGFIN by 7.39 to Rs 512.00,YESBANK by 5.49% to Rs 85.55, TECHM by 3.70% to Rs 672.00, BAJFINANCE by 3.64% to Rs 3,274.95, BHARTIARTL by 3.16% to Rs 369.00.

Top Losers

ZEEL By -5.85% to Rs 311.60, CIPLA by -3.19% to Rs 502.35, RELIANCE by -1.84% to Rs 1,122.35, POWERGRID by -1.72% to Rs 197.70, TCS by -1.55% to Rs. 2,213.75.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market session ahead of the Q1 result.

ZEEL is the top loser in today's market, As Zee Entertainment has stated that he is positive about meeting the September 30 deadline of paying all debts, but industry stalwarts are not too sure about it.

Key Market News

• RBI hits penalties on 11 banks for the delay in reporting fraud
• Bankers agree to take steps to review lending rate transmission: FinMin
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 2,017 crore on Monday, DIIs were net buyers to the tune of Rs 1,871 crore.

Stocks To Watch

PIDILITIND is on the upside while RELIANCE is on the downside.

PIDILITIND is currently quoting at Rs.1,311.05 up by Rs 38.05 or 2.99% from its previous closing of Rs. 1,273.00 on the NSE. The NSE stock has touched a 52 week high of Rs. 1,323.70 on 06-AUG-2019 & a 52 week low of Rs. 895.00 on 09-OCT-2018. The Company has posted a strong Q1 result, resulting in a strong buying interest. The stock is likely to take a fresh breakout, continuing the strength going ahead.

RELIANCE is currently quoting at Rs.1,122.35 down by Rs. -21.00 or -1.84% from its previous closing of Rs.1,143.35 on the NSE. The NSE stock has touched a 52 week high of Rs 1,417.50 on 03-MAY-2019 & a 52 week low of Rs 1,016.40 on 25-OCT-2018. The stock after a trendline breakdown is continuously trading in a downtrend and also likely to remain so.

Nifty ends above 11,100, However Nifty Logs Worst July In 17 Years

Its a Gap down opening for Indian share market, knocked by resumed trade war concern following US President Donald Trumps threats to Beijing amid tariff negotiations and ahead of the Federal Reserves long-awaited rate cut in a decade. the Sensex declined by 208.10 points at 37,189.14, while Nifty dropped by 65.60 points at 11,019.80. All the sectoral indices were trading in the red, headed by the metal, bank, pharma, IT, energy, FMCG and Infra.

In the afternoon session, Indian Benchmark indices were trying to gather strength amid the massive sell-off. The Sensex was trading at 37,221.24, down 176 points & Nifty at 11,0.32.95. The broader was also witnessing the selling pressure with small-cap down by 0.90 percent. Axis bank was one which was hit bad after posting its Q1 result showcasing higher slippage, dented the sentiment of the investors. Besides, Shares of Coffee Day Enterprises hit their lower circuit of 20 percent. After the body of Founder, VG Siddhartha has been found on the banks of Netravati River in Mangaluru.

The benchmark indices halted a two-day fall in todays trading session. The key positive take away from today's price action can be the fact that after a gap down opening the index not only managed to fill that intraday gap but also displayed a strong positive close. This kind of price behavior should instill some confidence among bulls .the Sensex was up 83.88 points at 37,481.12, while Nifty was up 28.40 points at 11,113.80. All the sectoral indices ended in the green led by the metal, auto, pharma, IT, infra, FMCG and energy. Following the benchmark indices the broader market, Mid & Small -Cap grew by 1.38 & 0.38 percent.

Top Gainers

INDUSINDBK by 5.29 to Rs 1,408.05,TATASTEEL by 4.32% to Rs 433.00, YESBANK by 4.24% to Rs 89.70, IOC by 3.93% to Rs 138.75, HEROMOTOCO by 3.90% to Rs 2,346.80.

Top Losers

ZEEL By -5.25% to Rs 361.10, AXISBANK by -4.64% to Rs 674.80, BHARTIARTL by -2.82% to Rs 336.00, TITAN by -2.30% to Rs 1,054.40, INFRATEL by -2.12% to Rs. 244.25.

Analysis Of Top Gainer And Loser

INDUSINDBK is the top gainer in today's market session, There was a heavy buying interest from a lower level in the bank in todays trade after a recent fall.

ZEEL is the top loser in today's market, After Comcast Corp. and Blackstone Group Inc. has got a proposal for a stake in Zee Entertainment Enterprises Ltd

Key Market News

• RBI eases ECB norms for corporates, NBFCs
• Trump threatens China upon delaying trade deal.
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 645 crore on Monday, DIIs were net buyers to the tune of Rs 1,079 crore.

Stocks To Watch

ZYDUSWELL is on the upside while HESTERBIO is on the downside.

ZYDUSWELL is currently quoting at Rs.1,505.00 up by Rs 134.70 or 9.83% from its previous closing of Rs. 1,980.00 on the NSE. The NSE stock has touched a 52 week high of Rs.647.00 on 03-SEP-2018 & a 52 week low of Rs. 1,087.95 on 15-NOV-2018. The Company has posted a strong Q1 result, resulting in a strong buying interest. The stock also witnessed a long consolidation break-out.

HESTERBIO is currently quoting at Rs.1,550.00 down by Rs. -119.45 or -7.16% from its previous closing of Rs.1,669.45 on the NSE. The NSE stock has touched a 52 week high of Rs 1,925.00 on 11-JUN-2019 & a 52 week low of Rs 1,033.50 on 39-JAN-2019. The stock has posted a weak Q1 result, happening in the selling in the stock and likely to remain so for coming days.

Banks Drag Nifty To Near Five-Month Low; Sensex falls 289 pts.

Indian share market had a positive start tracking the mixed global cues. the Sensex was up 136.02 points or 0.36% at 37822.39, and the Nifty up 44.70 points or 0.40% at 11233.90. Among sectors, except IT all other indices are trading marginally higher led by auto, metal, pharma, infra, and FMCG. Shares of Coffee Day Enterprises shed 20 percent in the early trade after Cafe Coffee Day founder VG Siddhartha was reported missing since the night of July 29.

In the afternoon session, the benchmark indices had erased its morning gain and were trading flat. The Sensex was 21.53 points up at 37.707.90 and Nifty at 11,188.15. On the sectoral front, IT & Pharma were trading higher, While PSU Bank, Metal & Reality were the top losers. Following the market sentiment, the Mid & Small- Cap were down by more than 0.40

In the last hour of the trading session, D-street has witnessed the bloodbath which has dragged the Nifty below 11,100 marks. The banking stock was the worst hit, with metal, pharma & auto following the same, While IT was the only sector which had closed in green, backed by TCS, settled with the gain of 2.31 percent. Reliance was another heavyweight that leaned the market lowered. the Sensex at the end declined by 289.13 points at 37,397.24, while Nifty drop by 103.80 points at 11,085.40. The selling was much higher in the broader market, with Mid & Small -Cap declined more than 2 percent.

The Broad-based selling which was broadcasted in todays trade was mostly because investors remained cautious ahead of US-China trade talks, Fed policy, US job data and the mixed bag of ongoing domestic corporate results. Liquidity constraints and sluggish outlook on auto sector indicate that consolidation may continue. Fall in 10-year bond yield in expectation of further 25bps rate cut by RBI may ease liquidity crunch to some extent.

Top Gainers

BHARTIARTL by 3.99% to Rs 347.90, TCS by 2.17% to Rs 2,176.30, HCLTECH by 0.74% to Rs 1,023.00, WIPRO by 0.71% to Rs 264.25,HDFCBANK by 0.47% to Rs 2,254.80.

Top Losers

YESBANK By -9.45% to Rs 85.80, INDUSINDBK by -7.16% to Rs 1,329.70, IBULHSGFIN by -6.57% to Rs 522.90, HEROMOTOCO by -5.69% to Rs 2,267.75, SUNPHARMA by -4.80% to Rs. 410.35.

Analysis Of Top Gainer And Loser

BHARTIARTL is the top gainer in today's market session After research house Bank of America Merrill Lynch (BofAML) upgraded the stock to buy and also raised the target to Rs 400 from Rs 360 per share.

YESBANK is the top loser in today's market, The stock is witnessing heavy sell-off fro each upswing, today also stock was down nearly 10 percent.

Key Market News

• Japan factory output tumbles most in nearly 1-1/2-years: Industrial output sank 3.6% in June.
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 704.42 crore on Monday, DIIs were net buyers to the tune of Rs 1,352 crore.

Stocks To Watch

VIPIND is on the upside while BANKINDIA is on the downside.

VIPIND is currently quoting at Rs.390.00 up by Rs 25.60 or 7.03% from its previous closing of Rs. 364.40 on the NSE. The NSE stock has touched a 52 week high of Rs.647.00 on 28-AUG-2018 & a 52 week low of Rs. 342.30 on 22-JUL-2019. The Company has posted a strong Q1 result, resulted in the hefty buying from the lower level.

BANKINDIA is currently quoting at Rs.70.55 down by Rs. -5.15 or -6.80% from its previous closing of Rs.75.70 on the NSE. The NSE stock has touched a 52 week high of Rs 110.15 on 07-JAN-2019 & a 52 week low of Rs 69.80 on 30-JUL-2019. The stock has recorded the new 52-week low in todays trade and also breach its important support level.

Nifty settles below 11,200-mark, the auto worst hit

Indian share markets started with marginal change, tracking the mixed global market. the Sensex was up 43.38 points or 0.11% at 37926.17, and the Nifty was up 6.40 points or 0.06% at 11290.70. Among sectors, except FMCG and IT, all other indices were trading weak led by the auto, metal, pharma, energy, and infra. In the early trade, Indiabulls Group stock was the eyecatcher among the market participant as Subramanian Swamy charges India Bulls, for laundering of more than Rs. 1 Lakh Crores.

Once again after giving the positive start, benchmark indices slide to the days low. The Sensex was trading at 37,728.26, down 154.63 points While Nifty declined by 73.95 points at 11,212.35. After the strong result, ICICBK was the top contributor, gaining nearly 4 percent. Among sector except IT, which was marginally higher, all other sector was trading lower led by metal, media & auto. The pain was visible in the broader market as well with Mid & Small-cap down by nearly 1 percent each.

The Indian share market had been a home for the bears from a couple of weeks, as once again the benchmark indices had fallen with severe punishment held in selected stock. The auto sector has been the worse in todays trading session amid an increase in the auto registration cost followed by the media and the metal sector. However, IT stock had witnessed some buying which has closed in green. On the closing bell, the Sensex declined by 196.42 points at 37,686.37, while Nifty was down by 95.10 points at 11,189.20. The broader market also followed the benchmark indices with a decline of 1 percent in Mid & Small-Cap respectively.

At the current scenario, Markets are largely focusing on weak domestic sentiment while cues are mixed from the global front. And, in the absence of any major event, we feel earnings will continue to dictate the market trend going ahead.

Top Gainers

ICICIBANK by 2.90% to Rs 427.80, INDUSINDBK by 1.13% to Rs 1,431.50, HCLTECH by 0.96% to Rs 1,011.05, TCS by 0.76% to Rs 2,125.10,INFY by 0.62% to Rs 791.85.

Top Losers

IBULHSGFIN By -12.07% to Rs 549.00, GRASIM by -9.59% to Rs 791.00, TATAMOTORS by -6.35% to Rs 137.80, VEDL by -5.30% to Rs 155.40, INFRATEL by -5.07% to Rs. 256.50.

Analysis Of Top Gainer And Loser

ICICIBANK is the top gainer in today's market session, Afte posting the strong Q1 result with lower provision and NPA boosted the sentiment of the investor.

IBULHSGFIN is the top loser in today's market, After Subramanian Swamy charges India Bulls, for laundering of more than Rs. 1 Lakh Crores.

Key Market News

• Oil drops behind 'constructive' talks on Iran's nuclear agreement.
• The RBI is anticipated to come out with a report next month on facilitating the development of a secondary market for corporate loans.
• Sebi eases rules for new exchanges to provide incentives under LES.
• Sebi fixes minimum staggered delivery period of 5 days for commodity futures.
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,503.26 crore on Friday, DIIs were net buyers to the tune of Rs 1,917.52 crore.

Stocks To Watch

BERGEPAINT is on the upside while HAVELLS is on the downside.

BERGEPAINT is currently quoting at Rs.332.50 up by Rs 4.60 or 1.40% from its previous closing of Rs. 327.90 on the NSE. The NSE stock has touched a 52 week high of Rs.349.90 on 29-AUG-2018 & a 52 week low of Rs.260.00 on 23-OCT-2018. The stock has been continuously making higher highs and is also likely to post strong results in-line with the peers has posted.

HAVELLS is currently quoting at Rs.668.05 down by Rs. -30.20 or -4.33% from its previous closing of Rs.698.25 on the NSE. The NSE stock has touched a 52 week high of Rs 806.85 on 28-JUL-2019 & a 52 week low of Rs 549.85 on 19-OCT-2019. The stock after posting the weak result has witnessed the selling pressure in todays trade and likely to remain so in the coming days.

Nifty Clocks Worst F&O Series In Nine Months; Tata Motors falls 4%

Indian stock markets had a positive start tracking the muted trend in Asian equities amid a mixed bag of corporate earnings. The Sensex was up 149.11 points or 0.39% at 37996.76, and the Nifty grew by 44.20 points or 0.39% at 11315.50. On the sectoral front, except IT and energy, all other sectoral indices were trading higher led by the pharma, FMCG, and auto. .

The benchmark indices had managed to hold the morning gains, backed by the HDFC Twins, which was up more than 1 percent. The Sensex grew by 150.75 points at 37,998.40, While Nifty was trading at 11,314.20. The broader market was also trading with the marginal gains in the afternoon session. On the sectoral side, the pharma was the top performer, While PSU Bank witnessed the worst-selling among all.

Indian share market plunge for the 6th day in a row, closing the July series on a negative note. The reliance had been culprit once again, waning 2.19 percent in a day. the Sensex was down 16.67 points at 37830.98, while Nifty was down 9.50 points at 11261.80. However, the broader market managed to outperform the benchmark indices closing with the gains of 0.40 & 0.08 percent in mid & small-cap. Among sectors, metal, infra, auto, and energy witnessed selling, while buying was seen in the IT and pharma.

The Market settled on a negative note in spite of a positive global market and short covering, which did not provide adequate support given mixed Q1 results. Further, Nifty breaking below the 11,200 level may increase pressure on the index towards 11,100. On the higher side, the index has stiff resistance at 11,350-11,420 zone.

Top Gainers

VEDL by 4.45% to Rs 172.40, CIPLA by 3.52% to Rs 537.00, ZEEL by 3.29% to Rs 392.10, SUNPHARMA by 2.75% to Rs 437.25,INDUSINDBK by 2.42% to Rs 1,394.95.

Top Losers

TATAMOTORS By -4.79% to Rs 144.00, BAJFINANCE by -4.30% to Rs 3,037.00, BAJAJFINSV by -4.18% to Rs 6,770.00, COALINDIA by -3.34% to Rs 209.60, JSWSTEEL by -2.47% to Rs. 248.95.

Analysis Of Top Gainer And Loser

VEDL is the top gainer in today's market session After A South African court ordered Zambia to halt plans to liquidate and sell copper mines controlled by Indian billionaire Anil Agarwal pending arbitration in a dispute thats rattled investors in Africas second-largest copper producer.

TATAMOTORS is the top loser in today's market, on the expectation of negative result which was scheduled after the market hours, the stock witnessed hefty selling.

Key Market News

• India's monsoon rains 35% beneath average this week: IMD
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,393.71 crore on Wednesday, DIIs were net buyers to the tune of Rs 2,140.26 crore

Stocks To Watch

LUPIN is on the upside while VIPIND is on the downside.

LUPIN is currently quoting at Rs.771.00 up by Rs 32.90 or 4.46% from its previous closing of Rs. 738.10 on the NSE. The NSE stock has touched a 52 week high of Rs.986.10 on 10-SEP-2018 & a 52 week low of Rs.697.20 on 19-JUN-2019. The stock has witnessed a hefty buying interest from a lower level near its trend line support and likely to resume its upward trend.

VIPIND is currently quoting at Rs.365.00 down by Rs. -12.75 or -3.38% from its previous closing of Rs.377.75 on the NSE. The NSE stock has touched a 52 week high of Rs 647.00 on 28-AUG-2018 & a 52 week low of Rs 342.30 on 22-JUL-2019. The stock is continuously trading in the downtrend and likely to remain so in the coming days.

Sensex extends losing streak to 5th day, Nifty below 11,300.

Indian share markets started marginally higher amidst corporate earnings for June quarter. the Sensex grew by 75.48 points or 0.20% at 38058.22, and the Nifty was up 18.80 points or 0.17% at 11349.80. Among the sectors, metal, FMCG and infra, did witnessing the buying, while IT stocks were under pressure in early trade.

In the afternoon session, The Indian share market was trading near its days low, With nifty breaching 11,300 level. Reliance was the culprit, dropping more than 1 percent. The benchmark indices, Sensex was trading at 37,772.17 down 210.57 points, While Nifty at 11,248.55. Among sectors, Except media, all other sectors were trading lower led by Metal, Reality & Auto. The Pain was evidently higher in the broader market with Mid & Small - Cap down by 1.28 percent respectively.

Another day for Indian share market to record a brutal fall, indeed with unabated foreign fund outflows and tepid corporate earnings, IMF's downward revision of India's economic outlook further hit domestic investor sentiment in todays session. the Sensex declined by 135.09 points at 37,847.65, while Nifty fall by 60 points at 11,271. Among the sectors, the metal index slid over 2 percent, followed by auto, energy, infra, IT and pharma. In the broader market, the midcap index was down 1.5 percent, while the Smallcap index shed over 1.4 percent.

Since the nifty broke its recent bottom of 11,450, it's been trading under pressure. On the downside, Trend support is seen at 11,000-11,100 levels; Unless a strong reversal is seen there remains a chance of the same being tested. We expect volatility to remain high as the monthly expiry is been scheduled tomorrow.

Top Gainers

ZEEL by 4.28% to Rs 376.25, ASIANPAINT by 3.44% to Rs 1,478.50, HINDUNILVR by 2.19% to Rs 1,730.40, HDFC by 1.94% to Rs 2,179.90,HCLTECH by 1.19% to Rs 1,023.00.

Top Losers

UPL By -5.45% to Rs 610.00, ADANIPORTS by -5.08% to Rs 379.45, IBULHSGFIN by -4.50% to Rs 611.70, EICHERMOT by -3.73% to Rs 16,340.00, INDUSINDBK by -3.58% to Rs. 1,366.00.

Analysis Of Top Gainer And Loser

ZEEL is the top gainer in today's market session After the company reported a 62.56 percent rise in consolidated net profit at Rs 529.76 crore for the first quarter ended June 2019.

UPL is the top loser in today's market after the management said its wholly-owned subsidiary has arranged EUR 100 million (approximately Rs 768.80 crore) loan at zero interest rate to meet the working capital requirements across the group.

Key Market News

• The International Monetary Fund (IMF) has lowered Indias growth forecast for 2019-20 to 7% from its estimate in April of 7.3% on poor demand conditions.
• foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 2,608 crore on Tuesday, DIIs were net buyers to the tune of Rs 2,625 crore.

Stocks To Watch

HESTERBIO is on the upside while LUPIN is on the downside.

HESTERBIO is currently quoting at Rs.1,788.00 up by Rs 109.20 or 6.50% from its previous closing of Rs.1,678.80 on the NSE. The NSE stock has touched a 52 week high of Rs.1,925.00 on 11-JUN-2019 & a 52 week low of Rs.1,033.50 on 29-JAN-2019. The stock has witnessed a hefty buying interest from the lower level in todays trade after a recent fall. The Stochastic oscillator is also showing the divergences indicating the up move in the coming days.

LUPIN is currently quoting at Rs.737.70 down by Rs. -18.75 or -2.48% from its previous closing of Rs.2,186.90 on the NSE. The NSE stock has touched a 52 week high of Rs 2,357.85 on 18-JUL-2019 & a 52 week low of Rs 1,644.50 on 23-OCT-2018. The stock is looking weak on the daily chart pattern and likely to move in the downtrend in the coming days.

Sensex gives up 235-pt gains, Nifty Lower For Fourth Day; PSU banks drag

Indian markets opened marginally higher, following stable US markets on Monday and positive Asian markets this morning. The Sensex was up 28.17 points at 38,059.30, while Nifty grew by 10 points at 11,356.20. Among sector compiled by NSE traded higher, led by the Nifty IT Indexs 0.6 percent gain. On the flip side, the Nifty Media Index was the top sectoral loser, down 0.3 percent.

In the afternoon session, the Indian share market was trading flat. Its another day for HDFC Twins for a sharp fall, in the meantime Infy registered its all-time high trading with the gains of 1.50 percent. The Sensex was 19.81 points higher at 38,052.37, While Nifty at 11,351.25. The broader market was trading mixed with midcap losing 0.13 percent and smallcap gaining 0.50 percent. Among sector Reality, FMCG & IT were trading higher, While Financial Services, Media & Metal were among the top loser.

Indian equity benchmarks witnessed a sharp fall in the last hour, Sensex, which grew 186 points throughout the day, closed down nearly 50 points, or 0.13 percent, at 37,982.74. while Nifty was down 15.20 points at 11,331. Among sectors, PSU banks dragged 3 percent followed by auto, metal, pharma, while buying was seen in the FMCG, energy, infra and IT. Nevertheless, The broader market had a mixed closing with midcap declined by 0.57 percent, While Smallcap gain by 0.47 percent.

Consolidation/correction is likely to get extended, as concern on liquidity and banks increasing exposure to risky assets further dampened the sentiment. Absence of major domestic impetus, expensive valuation and lack of earnings outlook are triggering a cautious stance for the market.

Top Gainers

POWERGRID by 2.89% to Rs 210.00,KOTAKBANK by 2.74% to Rs 1,494.15, HEROMOTOCO by 2.55% to Rs 2,465.00, ITC by 2.48% to Rs 270.95,ASIANPAINT by 1.86% to Rs 1,430.30.

Top Losers

SBIN By -2.49% to Rs 342.10, IBULHSGFIN by -2.20% to Rs 641.50, HDFC by -2.14% to Rs 2,140.00, ADANIPORTS by -1.69% to Rs 400.30, BAJAJ-AUTO by -1.67% to Rs. 2,520.05.

Analysis Of Top Gainer And Loser

POWERGRID is the top gainer in today's market session, The stock has witnessed a buying interest from the last couple of session, In todays trade also stock closed with gains of 2.89 percent.

SBIN is the top loser in today's market, after the sharp from the level of 270 the stock is witnessing the profit booking from higher levels.

Key Market News

• NSE will exclude nine stocks from the futures and options segment with effect from September 27.
• Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,916.91 crore on Monday, DIIs were net buyers to the tune of Rs 1,829.90 crore.

Stocks To Watch

POWERGRID is on the upside while HDFC is on the downside.

POWERGRID is currently quoting at Rs. 210.00 up by Rs 5.90 or 2.89% from its previous closing of Rs.204.10 on the NSE. The NSE stock has touched a 52 week high of Rs.212.00 on 05-JUL-2019 & a 52 week low of Rs.172.50 on 14-FEB-2019. The stock is trading near its 52-week and after the strong close in todays session, it's likely to make new highs in the coming days.

HDFC is currently quoting at Rs.2,140.00 down by Rs. -46.90 or -2.14% from its previous closing of Rs.2,186.90 on the NSE. The NSE stock has touched a 52 week high of Rs 2,357.85 on 18-JUL-2019 & a 52 week low of Rs 1,644.50 on 23-OCT-2018. The stock has formed a 3 black crow pattern indicating the downtrend in the coming days.

Sensex Logs Longest Losing Streak In Over A Month; metal stocks gain, Bajaj Finserv falls 5%

Indian share markets had a disappointing start, as the investors were saddened after the government denied any respite to foreign investors registered as trusts from proposed super-rich tax. Sentiments happened to weakened further after the RBI governor said future interest-rate cuts would depend on incoming data. Responding on same, the Sensex was down by 197.95 points or 0.52% at 38139.06, and the Nifty declined by 56.50 points or 0.49% at 11362.80. Among sector compiled by NSE traded lower, led by the Nifty Realty Indexs 1.64 percent fall. On the flip side, the Nifty Metal Index was the only sectoral gainer, up 0.12 percent.

Benchmark indices after the sharp fall in early trade were trading flat in the afternoon session. The HDFC Twins were the worst performer, which were down more than 3 percent each. The Sensex was trading at 38,040 down 296.70 points, While Nifty was at 11,339.16. In the broader market, the Mid & Small-cap were down by 0.91 & 1.64 percent respectively.

Indian equity market fell for the third-straight session, driven by losses in HDFC twins & Bajaj Finserv. the Sensex settled 305.88 points down at 38,031.13, while Nifty sank by 73.10 points at 11, 346.20. Among sector compiled by NSE closed lower, led by the Nifty Financial Services Indexs 2.57 percent fall. On the flip side, the Nifty Media Index was the top sectoral gainer, up 1.75 percent. The broader market also witnessed a decline of 0.37 & 0.64 percent in Mid & Small-Cap. A crack in the HDFC twins, Bajaj Finance will seriously impact NAVs of mutual funds which might face a further cascading effect. The vicious circle is deepening and the necessity of liquidity will eventually lead to large liquidations even in frontline stocks. Investors should mentally be ready to see further cuts in their portfolio in the coming days.

Top Gainers

YESBANK by 9.49% to Rs 91.15,VEDL by 4.09% to Rs 167.85, HINDALCO by 3.42% to Rs 202.70, IBULHSGFIN by 3.08% to Rs 654.50, ZEEL by 3.00% to Rs 363.55.

Top Losers

BAJAJFINSV By -5.57% to Rs 7,144.90, HDFC by -5.26% to Rs 2,182.30,KOTAKBANK by -3.60% to Rs 1,444.90, EICHERMOT by -3.48% to Rs 17,049.00, HDFCBANK by -3.07% to Rs. 2,302.80.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market session, amid reports that DHFL is likely to announce a deal with special situations investor AION Capital for

BAJAJFINSV is the top loser in today's market, the stock is in continuous downtrend from the last couple of trading session, In todays trade the stock had declined by 5.57%

Key Market News

• Oil gains as Gulf tanker seizure raises tensions.
• Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 950.15 crore on Friday, DIIs were net buyers to the tune of Rs 734 crore, data suggests.

Stocks To Watch

SUNPHARMA is on the upside while ESCORT is on the downside.

SUNPHARMA is currently quoting at Rs. 430.00 up by Rs 8.65 or 2.05% from its previous closing of Rs.421.35 on the NSE. The NSE stock has touched a 52 week high of Rs.679.30 on 06-SEP-2018 & a 52 week low of Rs.344.55 on 13-MAY-2019. The stock after witnessed a sharp correction is now showing the strength from last 12 trading session and likely to remain in an uptrend in coming days

ESCORT is currently quoting at Rs.491.00 down by Rs. -17.85 or -3.51% from its previous closing of Rs.508.85 on the NSE. The NSE stock has touched a 52 week high of Rs 943.55 on 31-JUL-2018 & a 52 week low of Rs 486.60 on 22-JUL-2019. The stock has broken long term weekly support and likely to witness the much lower levels in coming days.

Late sell-off drags Sensex 318 pts, Nifty below 11,600; YES BANK plunges 13%

Tracking the global clues the benchmark indices opened lower. The Sensex falling 81.89 points to 39,133.75 and the Nifty slipping 21 points to 11,666.50. The broader market also did not have a cheerful opening as both the midcap and smallcap indices were trading lower. Among sector compiled by NSE traded lower, led by the Nifty IT Indexs 1.02 percent fall. On the flip side, the Nifty Financial Service Index was the top sectoral gainer, up 0.18 percent.

Indian share market in the afternoon session was trading at days low. The Sensex & Nifty was 0.25 percent lower at 39,123 &11,656 . The selling pressure was further visible in the broader market, with Mid & Small-cap down by 1.03 & 0.77 percent. On the sectorial front, FMCG & Media were trading higher, while all other sectors were trading in red led by PSU Bank.

In the last hour of trade, the frontline indices tumbled sharply. The led contributor for dragging the nifty lower was the RIL & ICIC bank down more than 1.50 percent. All sectoral indices settled in red with PSU Bank, Auto and Metal dropping 2.5-3 percent. The Sensex was down 318.18 points at 38,897.46 and the Nifty fell 90.60 points to 11,596.90. The broader markets fell more than benchmark indices as the Nifty Midcap was down 1.7 percent and Smallcap index 1 percent.

The present scenario, global central banks including RBI are cutting their rates to strengthen the economy, however, markets are not likely to get convinced given the weak demand scenario, extension in a trade war and lack of revival in corporate earnings. FIIs are on a risk-off mode, while domestic mutual funds are providing marginal support in the market.

Top Gainers

WIPRO by 3.14% to Rs 267.75,HDFC by 2.24% to Rs 2,338.00, ZEEL by 2.12% to Rs 360.75, BRITANNIA by 0.79% to Rs 2,820.00, HDFCBANK by 0.72% to Rs 2,414.75.

Top Losers

YESBANK By -12.70% to Rs 85.90, ONGC by -4.40% to Rs 143.30,COALINDIA by -4.37% to Rs 219.95, TATAMOTORS by -4.11% to Rs 161.00, MARUTI by -3.30% to Rs. 5,875.00.

Analysis Of Top Gainer And Loser

WIPRO is the top gainer in today's market session, After reporting better than expected result of Q1, A buying interest emerged in the stock in todays trade.

YESBANK is the top loser in today's market, After posting the result the stock has been heavily dumped by the market participant.

Key Market News

• Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 17 crore on Wednesday, DIIs were net buyers to the tune of Rs 209 crore.
• Asian Development Bank Cuts India's GDP Growth Forecast to 7% for FY20.

Stocks To Watch

JUSTDIAL is on the upside while MINDTREE is on the downside.

JUSTDIAL is currently quoting at Rs.767.50 up by Rs 20.45 or 2.74% from its previous closing of Rs.747.05 on the NSE. The NSE stock has touched a 52 week high of Rs.824.80 on 09-JUL-2019 & a 52 week low of Rs.409.15 on 01-OCT-2018. The stock is witnessing a good buying interest from lower levels as well as the closing has been strong in todays trade.

MINDTREE is currently quoting at Rs.690.70 down by Rs. -60.00 or -7.99% from its previous closing of Rs.750.70 on the NSE. The NSE stock has touched a 52 week high of Rs 1,183.80 on 11-SEP-2018 & a 52 week low of Rs 670.95 on 18-JUL-2019. The stock on the weekly chart is trading in the downtrend and likely to continue up till 550