Market Update: HDFC Bank jumps 2%, hits fresh 52-week high; Rcom jumps 10%

-

The breadth of the market favored advances, with 816 stocks advancing, 742 declining and 478 remaining unchanged. On BSE, 1008 stocks advanced, 845 declined and 77 remained unchanged.

The broader indices are trading on a positive note this Thursday morning with the Nifty up 26 points at 10,641 and the Sensex trading higher by 88 points at 34,994.

Bank Nifty was trading in the green as stocks like HDFC Bank jumped 2 percent followed by Kotak Mahindra Bank.

Reliance Communications, up 10 percent along with Reliance Infra and Bharti Airtel and Idea Cellular were some of the stocks which were also trading on a positive note.

Among the oil & gas stocks, ONGC was up 1 percent followed by GAIL India, NTPC and Reliance Industries.

Metal stocks were also buzzing in the morning trade led by Bhushan Steel, Coal India, NALCO and Tata Steel.

The top gainers among Nifty constituents were HDFC Bank, Coal India, Bharti Airtel, HDFC, and ONGC.

share market tips

The most actively traded stocks on the NSE were HDFC Bank, Reliance Communications, Bharti Infratel, Jubilant Foodworks and Tata Consultancy Services.

Some of the top gainers on BSE were Rcom which jumped 10 percent while Reliance Naval, Nav Bharat Ventures, J&K Bank and GRUH Finance were the other gainers.

Avenue Supermarts, Godrej Consumer, HDFC Bank, GRUH Finance, Kotak Mahindra Bank, Mahindra & Mahindra were some of the stocks that hit fresh 52-week highs in morning trade.

On the other hand, 38 stocks hit a new 52-week low. These include Manpasand Beverages, TCS, and Vakrangee among others.

The breadth of the market favored advances, with 816 stocks advancing, 742 declining and 478 remaining unchanged. On BSE, 1008 stocks advanced, 845 declined and 77 remained unchanged.

Two days Free Trial and best services packages for dealing in Stock market click here to get >> Stock Market Tips By Ripples Advisory Give a Missed call @9644405056

Disclaimer:-The views and investment tips expressed by investment experts are their own. Ripples Advisory advises users to check with certified experts before taking any investment decisions.

Comments

Post a Comment

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

-
MARKET WRAP UP The Sensex and Nifty jumped over one per cent on Friday and were headed for their second session of gains, led by energy stocks, including Reliance Industries Ltd, as oil prices extended their rally. Domestic sentiment was also buoyed on continued buying by investors ahead of IIP and inflation data scheduled to be released later in the day. US stocks closed at record highs on Thursday as surging oil prices and strong earnings buoyed investor sentiment, giving a boost to Asian markets. Dealers said widening of positions by participants ahead of key economic data —— industrial production (IIP) for June and consumer price index (CPI) for July —— to be released after market closing today also added to the upbeat investor sentiment. At 3.05 pm, the Sensex was up 315.38 points or 1.13 per cent at 28,174.98 while the NSE Nifty was up 85.7 points or 1.00 per cent at 8,677.85. Sentiment also got a boost as foreign investors continued to buy Indian shares for a
Read more

सकारात्मक वैश्विक रुझानों के सहारे बाजार में मजबूती, निफ्टी 10,900 के ऊपर

-
सकारात्मक वैश्विक रुझानों और अमेरिकी तथा एशियाई बाजारों में मजबूती से गुरुवार को घरेलू बाजार में भी अच्छी शुरुआत हुई है। शुरुआती कारोबार में ही निफ्टी 10,900 के ऊपर आ गया है। सभी प्रमुख सूचकांक हरे निशान में हैं, जिनमें सर्वाधिक मजबूती धातु, ऊर्जा, इन्फ्रा, ऑटो, बैंक और आईटी में है। अगस्त में चीन के सेवा क्षेत्र ने शानदार प्रदर्शन किया, जबकि ब्रिटिश सांसदों ने ब्रेक्जिट में देरी के लिए एक कानून को मंजूरी दे दी है। इसके अलावा हॉन्ग-कॉन्ग में तनाव में कमी आयी है। इन खबरों से निवेशकों को राहत मिली है। बीएसई सेंसेक्स (Sensex) 36,724.74 के पिछले बंद स्तर की तुलना में बढ़ोतरी के साथ 36,821.71 पर खुला। 9.20 बजे के करीब सेंसेक्स 119.37 अंकों या 0.33% की वृद्धि के साथ 36,844.11 पर है। वहीं एनएसई का निफ्टी (Nifty) 10,844.65 के पिछले बंद स्तर के मुकाबले 10,860.95 पर खुल कर 60.60 अंकों या 0.56% की बढ़ोतरी के साथ 10,905.25 पर है। दूसरी तरफ छोटे-मॅंझोले सूचकांकों में भी मजबूती है। बीएसई मिडकैप में 0.35% और बीएसई स्मॉलकैप में 0.30% की वृद्धि है। वहीं निफ्टी मिड 100 में 0.53% और निफ्टी स
Read more

11-year data suggests bears control D-Street in September; can bulls defy odds?

-
Image
The Sensex was down 11 per cent in September 2008, 5.4 per cent in 2018 and dropped by 2.1 per cent in the same month in 2011, data from AceEquity shows. Indian markets remained in a bear grip in August and the trend is unlikely to shift towards the bulls with no big triggers expected in September, say experts. The month of September is off to a muted start, with both the Sensex and the Nifty trading below crucial support levels. The Sensex broke below 37,000 and the Nifty 11,000. Anecdotal evidence suggests that the index has given flat to negative returns in September in six of the last 11 years. The index saw a drop of more than 11 percent in September 2008, followed by 2018 when it slipped 5.4 percent, and in 2011 it dropped by 2.1 percent, data from AceEquity shows. Apart from two tall towers witnessed in 2009 and 2010, the gains in September in the 11-year period have not been that inspiring. The index rallied 10.2 percent in 2010, followed by 10.13 pe
Read more