Posts

Showing posts with the label NSE stock

Trading calls: Buy Rural Electrification Corporation, BEML, Says Expert

Image
Indian shares edged higher on Tuesday after a flat opening. The Sensex gained nearly 75 points while Nifty added nearly 20 points to reach 9,636.85. Meanwhile, Asian shares mostly rebounded on Tuesday despite a further slide in U.S. tech shares. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, recouping about half of the previous session's losses as regional tech shares regained their composure. Overnight, tech giants including Apple, Alphabet, Facebook and Microsoft were sold for the second consecutive day on Monday dragging the Nasdaq 0.5 per cent lower.  Buy Rural Electrification Corporation at current market price for a target of Rs. 202 with stop loss at Rs. 188. Buy BEML at current market price for target of Rs. 1,350 and stop loss of Rs. 1,275 Contact us: - +91-9913158794 Or visit:- http://www.profitstreet.in/ Mail us at:-  info@profitstreet.in

Live Stock Market Updates – Markets trade range bound, Metal stocks lose shine, NMDC slips in red

Image
The INDIA VIX is down 3.9% at 11.2. the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. The BSE Metal index is the top losing index post lunch hours on Thursday, with Tata Steel and Hindalco together majorly contributing to the index losses and dragging it to lower levels.   The index is trading at 11167 down by 0.76%.The stocks that are dragging the index down are NMDC, Tata Steel, Hindustan Zinc, Hindalco and JSW Steel. NMDC is trading down by 2%, Tata Steel is down by 1.5%, Hindustan Zinc is down by 1.2%, JSW Steel is down by 1% and Hindalco is down by 0.94%.   The only stock in the index that is trading in green is Vedanta. The stock is up by 0.19% at Rs 234.  At 3 PM, the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. A total of 82 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.  ...

Nifty hits record highs; set to outperform bonds

Image
India's broader NSE stock index hit a record high on Friday, as bets on improving earnings and additional economic reforms are fuelling a rally that investors believe will lead equity returns to outpace debt for the first time in two years. The NSE index, or Nifty, rose as much as 0.7 percent to an all-time high of 9,218.4, marking the third time this week when it hit a record peak, after results over the weekend showed that Prime Minister Narendra Modi's Bharatiya Janata Party won big in elections in the key state of Uttar Pradesh. Investors believe the win boosts Modi's re-election prospects in 2019 and will encourage him to advance his ambitious economic reform agenda. It also comes as analysts are growing confident of a recovery in earnings because of stronger economic growth: Macquarie estimates earnings-per-share for the NSE could surge 16 percent in the year starting in April, compared with a 5 percent rise in the previous fiscal year and 4 percent in 201...