Thursday, 27 October 2016

Opening Bell - Sensex, Nifty open in red

The S&P BSE Sensex is trading at 28,017 down 75 points, while NSE Nifty is trading at 8,657 down 34 points.

Share Market Services | Muhurat Trading


The S&P BSE Sensex is trading at 28,017 down 75 points, while NSE Nifty is trading at 8,657 down 34 points.

Commodity market tips

The rupee opened marginally higher by two paise at 66.80/$ as against the previous close of 66.82/$.

Asian markets opened weak as after hours Apple disappointed with weaker than expected numbers while oil prices retreated. The Dow Jones index also grinded to close lower as earnings disappointment out weighed strength in commodities. With hardly any cues going forward before the US election results expect this week to be range bound with a negative bias as smart money sits on the sideline.

The number of measures taken by the Narendra Modi government are yet to reflect in the World Bank’s ease of doing business ranking this year as India managed to move just one rank higher.

Corporate India is expecting the effective tax rate to come down in the Budget. Ahead of the US presidential elections, consumer confidence of Americans hit a three-month low as the general feeling is jobs are hard to come by.

The Tata’s board room battle saw many of the group’s stocks end in the red. HDFC, ITC, Hero MotoCorp and HUL results are on tap. Investors will remain cautious ahead of the F&O expiry on Thursday.

On the economy front, India’s ranking in the World Bank’s annual Doing Business survey improved by just one notch to 130 in its 2017 report from a revised rank of 131 last year, highlighting a gap between policy measures and their implementation.




If you want more information regarding the Market News & many other tips like Tradeindia Services , Intraday Tips , MCX Normal Calls , Indore Advisory Company , SEBI Registered Company , Share Market Services , NSE & BSE Market Tips , Free MCX Market Tips , MCX Premium Tips , Jewelers Contract , Commodity market tips , call @ +91-7415033556 or fill form http://tradeindiaresearch.com/freetrial.php

1 comment:

  1. Axis Bank was the top loser down nearly 7% after the private lender reported a 83% drop in net profit to Rs 319 crore in July-September quarter as compared to Rs 1,915.64 crore in the same quarter last year.
    Capitalstars

    ReplyDelete

Market Latest News | Share Market Tips| Free Intraday Tips By TradeIndia Research - 20-01-2018

बजट 2018: 1800 करोड़ के प्रपोजल के साथ सरकार ऐलान करेगी यूनिवर्सल हेल्थ स्कीम, मेडिकल बिल पर मिलेगी बड़ी राहत वित्त मंत्री अरुण जेटली स...