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The INDIA VIX is higher by close to 4.5% at 11.7. BSE Sensex is trading at 30410 down 160 points, while NSE Nifty is trading at 9392 down 45 points.Tata Motors is trading higher by around 1.2% at Rs 455 per share. The stock is trading cautious ahead of its Q4 earnings announcement. The market expects fairly weak earnings as the company is said to be hit by the BS-III vehicle ban. The Nifty Auto index is trading higher by 0.44% at 10384 levels. Maruti still holds the top position in the index trading higher by around 2.2% at Rs 6849 per share. The other auto stocks like Eicher Motors, M&M, Hero MotoCorp and Amara Raja Batteries are also trading in positive zone. There were 191 advances, 1419 declines and 340 unchanged stocks on NSE reflecting strong negative undertone in the market.At 12 PM, the S&P BSE Sensex is trading at 30410 down 160 points, while NSE Nifty is trading at 9392 down 45 points. A total of 14 stocks registered a fresh 52-week high in trade today, ...

With the markets soaring to record highs yet again on Wednesday, India is now the world’s most expensive market. At a lifetime high of 30,658.77, the benchmark Sensex trades at a price-earnings multiple of nearly 18 times estimated one year forward earnings. India’s market capitalisation hit $2 trillion on Wednesday for the first time ever. The S&P 500, which closed Tuesday’s session at 2,400.67, is a shade less expensive than India, trading at 17.60 times, while the Japanese Nikkei, at 19,814.88, trades at 17.1 times. Both foreign portfolio investors and domestic institutions have been big buyers of Indian equities in 2017; between January and now, FPIs have pumped in close to $6.8 billion into equities while domestic funds have bought stocks worth $1.82 billion. Strategists at Macquarie Research observed, the brokerage’s overweight stance on India was not predicated on expectation of an accelerated pay-off from structural reforms or rapidly rising fixed investment and mor...

3.30 pm: Sensex closed at 30,256.65, surging 323.40 points (1.08%) Nifty50 closed at 9,409.85, 93.00 points higher (1.00%) Major movers today were fertilizer and FMCG stocks on the back of news of a good monsoon. Airtel added 7.96 per cent to the BSE. Hindustan Unilever gained as much as 4.32 per cent. 3.10 pm: Indian benchmark indices held on to their gains throughout the day hit new highs including the Nifty touching the 9,400-mark for the first time. Market rally can be credited to IMD's new monsoon forecast raised prospects of higher agricultural and economic growth, cheering the investors. India is likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the weather office said on Tuesday. Sentiment was also lifter by Asian stocks, which edged higher for a third consecutive day, as investors focused on strong corporate earnings and the dollar gave back some of its recent g...

The INDIA VIX is down 1.5% at 11.3. The S&P BSE Sensex is trading at 30,114 up 219 points while NSE Nifty is trading at 9350 up 38 points.the BSE Auto index is the top losing index post lunch hours on BSE. It is trading 0.56% down at 22,768.The stock of Tata Motors is contributing to the index losses and dragging it to lower levels. It is trading down 1.9% at Rs 437 on BSE. Other stock such as Bharat Forge is trading down by 2.8% at Rs 1116, Eicher Motors is down by 1% at Rs 25,635 and Mahindra & Mahindra is down by 0.7% at Rs 1337.The Exide Industries is trading 4.9% up at Rs 233 in the BSE Auto index.Other buzzing stocks of the day are ITC, ICICI Bank, TIL and Sudarshan Chemical Industries which are trading in green. Fertiliser stocks such as FACT, NFL, RCF and Coromandel International also surged.At 3 PM, the S&P BSE Sensex is trading at 30,114 up 219 points while NSE Nifty is trading at 9350 up 38 points. A total of 122 stocks registered a fresh 52-week hig...

बाजार के जाने - माने जानकार अजय बग्गा का कहना है कि लगातार तेजी के बाद अब थोड़ा ठहराव नजर आ रहा है , और इससे चिंतित होने की जरूरत नहीं है। बाजार में कंसोलिडेशन होना भी बेहद जरूरी है। इकोनॉमी बढ़ रही है और घरेलू बाजारों में एफआईआई की ओर से जमकर खरीदारी देखने को मिल रही है , ऐसे में आगे तेजी जरूर आएगी। लिहाजा बाजार में आने वाली कुछ दिनों की गिरावट से घबराने की जरूरत नहीं है। अजय बग्गा के मुताबिक आने वाले दिनों में बाजार के फंडामेंटल और एफआईआई निवेश में कोई तब्दील होती नजर नहीं आ रही है। एशियाई बाजारों में ताइवान और कोरिया के अलावा भारतीय बाजारों में एफआईआई निवेश बढ़ रहा है। अगले 2-3 महीनों तक एफआईआई निवेश के इस रुख में कोई बदलाव की गुंजाइश नजर नहीं आ रही है। अजय बग्गा ने कहा कि एशिया में बढ़ रही राजनीतिक स्थिरता से बाजार को ज्यादा घबराने की जरूरत नहीं है। अभी भले ही घरेलू संस्थागत निवेशकों ने बिकवाली का रुख कि...