Market faltered after no clarification on GAAR from government, SENSEX closed at 26126.75 down 0.55% and Nifty closed at 7790.45 down 0.51%.
PNB quarterly profit increased 10.2% to 1405 crore. Cairn India shares dropped 4.5%, Wipro quarterly profit was 2067 crore in financial year 2015 quarter Wipro dropped 4.5%.
Top Nifty gainers Sunpharma, HUL, Lupin, HDFC, Asian Paints.
Top Nifty Losers Tata Motors, Wipro, Cairn India, DLF, BHEL.
Commodity Market MCX Gold traded with gain but trend is weak.
Market down turn, at 12:15 pm BSE SENSEX and NSE Nifty slipped slipped 0.09%.
Midcap shares sluggish, Small cap shares gained.
Oil and Gas, Auto, Consumer durables, capital goods and Health care shares down.
Metal FMCG and Realty shares up.
Cairn India Quarterly Profit decreased 64%.
Foreign Institutional investors bullish on Indian market, FII increased in this month. Good Opportunity to buy on dips.
MCX Gold slipped 0.5% at COMAX Gold traded below 1300$. Commodity Market Updates
Spectacular boom in Market today, last week rally continues in market. Midcap stocks traded with 1% gain small cap shares gained also. At 10:40 am BSE SENSEX traded at 25835.45 up 0.77% and Nifty traded at 7714.50 up 0.66%.
Kotak Mehindra Bank announce to sell 15% stakes of Financial Technology at MCX. Complete deal will be held nearly 460 crore Rs. RBI raised FDI limit of Kotak Mehindra bank up to 40% with certain conditions.
Hindalco Industries board approved to raise Rs 5000 crore capital, this capital will come through shares, bonds or depository receipt.
Share Market Tips Today
HDFC Bank Buy above 832 target 856 stop loss 821.
Biocon Ltd Buy above 500 target 510 stop loss 492.
Weak Global cues, Indian stock market traded under pressure. BSE SENSEX slipped 0.19% and NSE Nifty down 0.23%. Mid cap and Small Cap shares weak.
Crisil, Reliance infra, Tata Elexi, Reliance Power will announce their Quarterly results of 2015.
Golboot Holdings Sell 1.18 Crore shares of M&M at price of 1161.23 Rs while Goldman sachs Singapore buy M&M’s 38.9 Lakh shares at 1161 Rs price.
Wirpo tied to ATCO to provider Outsourcing services for 10 years
IDFC Sell below 159 target 155 stop loss 162.
Tata Motors Sell below 470 target 465 stop loss 480.