Share Market Tips | Stock Market Tips | MCX Tips

The share touched its 52-week high Rs 13.25 and 52-week low Rs 9.05 on 01 January 2019 and 08 October 2018, respectively. Shares of United Bank of India declined nearly 3 per cent in the early trade on September 5 after the bank decided not to discuss amalgamation with Punjab National Bank (PNB) on September 6 board meeting. The board of directors of the company will not be deliberating on the said amalgamation with PNB in the meeting to be held on September 6, 2019. The board will discuss the matter on a later date, the intimation of which shall be given to the exchanges in due course, it added. At 0931 hrs, United Bank of India was quoting at Rs 9.90, down Rs 0.26, or 2.56 per cent on the BSE. The share touched its 52-week high of Rs 13.25 and its 52-week low of Rs 9.05 on 1 January 2019 and 8 October 2018, respectively. Currently, it is trading 25.51 per cent below its 52-week high and 9.06 per cent above its 52-week low. Best Share Market New...

आईसीआईसीआई डायरेक्ट (ICICI Direct) ने आज गुरुवार के कारोबार में जेएसडब्ल्यू स्टील (JSW Steel) में खरीदारी और बजाज ऑटो (Bajaj Auto) में बिकवाली की सलाह दी है। - जेएसडब्ल्यू स्टील (216.60) सितंबर फ्यूचर को 214.50.00-215.00 रुपये के बीच खरीदें - पहला लक्ष्य 217.8 रुपये, दूसरा लक्ष्य 222.3 रुपये - घाटा काटने का स्तर (स्टॉप लॉस) 211.8 रुपये - बजाज ऑटो (2,750) सितंबर फ्यूचर को 2745.00-2750.00 रुपये के बीच बेचें - पहला लक्ष्य : 2726 रुपये, दूसरा लक्ष्य 2690 रुपये - घाटा काटने का स्तर : 2774 रुपये ध्यान रखें कि ब्रोकिंग फर्म की यह सलाह एकदिनी वायदा कारोबार के लिए है। स्पष्टीकरण: इन शेयरों में ब्रोकिंग फर्म या उसके ग्राहकों के हित जुड़े हो सकते हैं। Best Share Market News, Click Here To Get More News -  Share Market Tips, Stock Market Tips , for 2 Days Free T rial give a missed call @9644405057 and Get Share Market Services.

Market participants had a tough time digesting the slew of negative macroeconomic data served over the weekend. And, the sharp fall in Indian stock market indices mirrors that pain very well. The Nifty and the Sensex shed more than 2% each on Tuesday, pushing the fear gauge India VIX (volatility index) up 11% to the 18-mark. Global cues weren’t very supportive either, with the Asian markets closing on a mixed note. But the decline in Indian stocks was largely due to domestic concerns. Analysts say while the market may have factored in most of the poor data, fresh buying may not come in a hurry. “There are media reports that the government may sell its stake in BPCL (Bharat Petroleum Corp.) to IOC (Indian Oil Corp.), which has further weighed on sentiments because this route of privatization will weaken the buying profit-making government entity. Investors feel that the government’s actions in responding to economic woes are not sufficient. They also need to be more ...

SEBI has been poring over Sun Pharma's books of accounts to look into red flags raised by the whistle-blower in his complaint. Shares of Sun Pharmaceutical Industries declined 5 percent intraday on September 4 after SEBI ordered a forensic audit against the company. "SEBI has ordered a forensic audit to confirm the findings of its initial inquiry," a senior SEBI official told Moneycontrol on condition of anonymity. Also Read - SEBI orders forensic audit against Sun Pharma based on whistle-blower complaint: Sources The development was confirmed by another person privy to the proceedings. SEBI has kept a close eye on Sun Pharma's books after a whistle-blower raised some red flags against the company in its complaint to the regulator. At 1000 hrs, Sun Pharmaceutical Industries was quoting at Rs 424.65, down Rs 14.80, or 3.37 percent on the BSE. Best Share Market News, Click Here To Get More News -  Share Market Tips, Stock Marke...

सपाट शुरुआत के बाद बुधवार को बाजार में हल्की बढ़ोतरी देखने को मिल रही है। खबर है कि केंद्र सरकार रियल्टी सेक्टर को सहारा देने की तैयारी में है। इस खबर से रियल्टी सेक्टर के शेयरों में खरीदारी हो रही है। वहीं धातु सूचकांक कमजोर स्थिति मे है। मगर प्रमुख सूचकांकों के मुकाबले छोटे-मँझोले सूचकांक बेहतर स्थिति में हैं। बीएसई सेंसेक्स (Sensex) 37,641.27 के पिछले बंद स्तर की तुलना में बढ़ोतरी के साथ 37,655.77 पर खुला। 9.20 बजे के करीब सेंसेक्स 24.29 अंकों या 0.06% की बढ़ोतरी के साथ 37,665.56 पर है। वहीं एनएसई का निफ्टी (Nifty) 11,105.35 के पिछले बंद स्तर के मुकाबले 11,101.30 पर खुल कर 7.50 अंकों या 0.06% की वृद्धि के साथ 11,112.85 पर है। दूसरी तरफ छोटे-मॅंझोले सूचकांकों में भी मजबूती है। बीएसई मिडकैप में 0.33% और बीएसई स्मॉलकैप में 0.34% की वृद्धि है। वहीं निफ्टी मिड 100 में 0.50% और निफ्टी स्मॉल 100 में 0.52% की वृद्धि है। इस समय निफ्टी के प्रमुख 50 में से 34 शेयर और सेंसेक्स के प्रमुख 31 शेयरों में से 19 शेयर मजबूत स्थिति में हैं। Best Share Market News, Click Here To Get Mo...

The company in January had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore. Shares of Infosys slipped almost 2 percent in early trade on August 27 in an otherwise positive market. The IT major on August 26 said a board committee has approved the closure of the Rs 8,260 crore buyback offer with the company utilizing almost full size of the issue approved. The company in January had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a price not exceeding Rs 800 per equity share. "... the Buyback Committee has approved the closure of the Buyback pursuant to the terms of the Public Announcement, with effect from today, i.e. August 26, 2019, prior to the expiry of six months from the commencement date," Infosys said in a regulatory filing. Shares of Infosys traded 1.67 percent down at Rs 789.50 on BSE around 0925 hours (...

The Dow Jones Industrial Average rose 269.93 points, or 1.05%, to 25,898.83, the S&P 500 gained 31.27 points, or 1.10%, to 2,878.38, and the Nasdaq Composite added 101.97 points, or 1.32%, to 7,853.74. US stocks rose on Monday, following a sharp sell-off in the prior session, after US President Donald Trump predicted a trade deal with China, cooling investor concerns after a ramp-up in rhetoric derailed markets last week. Following the G7 summit of world leaders in Biarritz, France, Trump said he believed China was sincere about the desire to reach a deal, citing what he described as increasing economic pressure on Beijing and job losses there. Shares of tariff-sensitive companies rose in response. Apple Inc’s 1.90% gain provided the biggest boost to each of the major indexes. Chipmakers, which are heavily reliant upon China for revenue, also rose. The Philadelphia Semiconductor index added 0.86% after slumping more than 4% on Friday. Still, market par...

Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as an intensifying U.S.-China trade war knocked confidence in the global economy. Brent crude was down 63 cents, or 1.1%, at $58.71 a barrel by 0232 GMT, having earlier touched $58.24, the lowest since Aug. 15. U.S. oil was down 68 cents, or 1.3%, to $53.49 a barrel, having earlier fallen to $52.96, the lowest since Aug. 9. Concerns about an economic slowdown are being fanned by a ratcheting up of trade tensions between the United States and China. China's commerce ministry said late last week it would impose additional tariffs of 5% or 10% on a total of 5,078 products originating from the United States, including crude oil, agricultural products such as soybeans, and small aircraft. In retaliation, President Donald Trump said he was ordering U.S. companies to look at ways to close operations in China and make products in the United States. "The only thing that...

It sees some resistance near 5-DEMA. The recent reform measures introduced by the govt could result in a kneejerk reaction. The Nifty50 which closed with losses of about 2 percent for the week ended August 23 could see a strong opening when the market will resume trading on August 26 after Finance Minister Nirmala Sitharaman’s booster shot for the economy. However, the gains might be capped, as the US President Donald Trump escalated the trade war as he announced a wave of higher tariffs on Chinese goods & services. Trump said existing 25% tariffs on some $250 billion in imports from China would rise to 30% come Oct. 1, the 70th anniversary of the founding of the People’s Republic of China. Trump’s move, announced on Twitter, came hours after China unveiled retaliatory tariffs on $75 billion worth of U.S. goods, prompting the president earlier in the day to demand U.S. companies move their operations out of China, said a Reuters report. The Indian ma...

The finance minister unveiled measures to boost or improve investor and business sentiment. The Nifty50 which closed with losses of about 2 percent for the week ended August 23 could see a strong opening when the market will resume trading on August 26 after Finance Minister Nirmala Sitharaman’s booster shot for the economy. In light of slowdown fears, the finance minister unveiled measures to boost or improve investor and business sentiment. A rollback in recent tax hikes on foreign and domestic investors, infusion of Rs 70,000 cr in state-run banks, a key measure to announce auto sector, are some of the measures to boost growth in Asia’s third-largest economy. The government also outlined measures to support the NBFC sector and small businesses to calm the nerves of investors ahead of the upcoming festival season. One big sentiment booster for D-Street is the rollback of higher surcharge on foreign portfolio investors (FPIs) as well as domestic investors...

Investors should have been overjoyed when Future Retail Ltd finally announced its deal with Amazon. For many months now, news reports were abuzz about the company’s deal with the American e-commerce behemoth. Yet, when Future Retail said that Amazon will buy 49% in Future Coupons Ltd, which holds Future Retail warrants amounting to about 7.3% stake on conversion, the Future Retail stock declined by 4.6% on the National Stock Exchange. This is when, according to news reports and analysts, the transaction is said to have taken place at a significant premium to the warrant issue price of 505. Future Retail’s press release offers no insight on the deal value. “We arrive at an implied acquisition price of 773, a 53.2% premium to the warrant conversion price," said analysts from Edelweiss Securities Ltd in a report on 23 August. This assumes that the balance 1,500 crore needed from Future Coupons to buy the warrants is the same amount that Amazon would have inves...

The Zambian government is determined to "urgently secure" an investor for Konkola Copper Mines (KCM) once the court processes over the disputed liquidation of the mine are concluded, the mines minister said on Thursday. Vedanta Resources has been locked in a dispute with the Zambian government since May when Lusaka appointed a liquidator to run KCM, which is 20% owned by Zambia's state mining company ZCCM-IH and the rest by Vedanta. "I would like to categorically state that, much as the Konkola Copper Mines matter is in court, the government is willing to listen to any progressive talks that will facilitate an amicable exit of the investor," Minister of Mines and Minerals Development Richard Musukwa said in a statement. "Government is determined, once the court processes are concluded to urgently secure a credible investor in an open and transparent manner." Best Share Market News, Click Here To Get More News -  Stock Mar...

NMDC Ltd’s loss of the Dorimalai mine in Karnataka has cast a shadow over its business model and could further hurt the stock’s valuation.  NMDC shares have already lost 12.7% of their value in the past two days due to the state government’s move. The Karnataka government’s cancellation of the mine lease to NMDC will not only reduce the mining giant’s capacity but also increase its cost of acquiring a new lease. The state government is likely to offer the mine under e-auction again, which could raise its bidding cost. Earlier, NMDC had halted production at the mine after the state government renewed the lease with a condition of payment of 80% of the sale value as lease rental. NMDC won an appeal in the high court and the order was set aside. Production at the mine was expected to resume soon. However, the state government has once again cancelled the allotment and put up the mine for e-auction. The Donimalai mine contributes about 6mtpa capacity or around...

On July 25, Biocon reported an 86 percent year-on-year (YoY) jump in net profit at Rs 223 crore for the quarter ended June. Shares of biotechnology firm Biocon climbed almost 4 percent intraday on August 21 and looked on course to extend the gains into the second session in a row, buoyed by reports that some domestic, as well as foreign firms, are eyeing a stake in company's subsidiary Biocon Biologics India. "Singapore’s investment company Temasek and homegrown private equity fund True North along with Canadian Pension Plan Investment Board (CPPIB) are separately in discussions to invest $300 million for a minority stake in Biocon Biologics India," the Economic Times reported, quoting sources. Around 1155 hours, shares of Biocon traded 2.29 percent higher at Rs 223.25 on BSE. On July 25, Biocon reported an 86 percent year-on-year (YoY) jump in net profit at Rs 223 crore for the quarter ended June led by growth of biosimilars and small molecules bu...

Revenue of the company declined to Rs 50.28 crore versus Rs 71.31 crore. Share price of Opto Circuits Indiaslipped more than 4 percent in the early trade on August 20 on poor June quarter numbers. The company's Q1 consolidated net profit fell 16 percent to Rs 10.8 crore versus Rs 12.95 crore in the same quarter last fiscal. Revenue of the company declined to Rs 50.28 crore versus Rs 71.31 crore. At 0932 hours, Opto Circuits India was quoting at Rs 4.25, down Rs 0.19, or 4.28 percent on the BSE. The share touched its 52-week high Rs 13.41 and 52-week low Rs 2.95 on 21 August 2018 and 31 July 2019, respectively. Currently, it is trading 68.31 percent below its 52-week high and 44.07 percent above its 52-week low. Best Share Market News, Click Here To Get More News -  Share Market tips , for 2 Days Free T rial give a missed call @9644405057 and Get Share Market Services.

Low-cost carriers SpiceJet and IndiGo would shift their operations to the Indira Gandhi International Airport's T3 from T2 from September 5. While SpiceJet would shift its entire operations, the largest private carrier IndiGo would move part of their local flights. With rising air traffic and a surge in flight movement from the IGI airport, private airport firm Delhi International Airport Ltd (DIAL) is in the process of upgrading the T2 terminal. "Post completion of capacity enhancement of T2, the terminal will be able to handle 18 million passengers per annum (MPPA), up from current 15 MPPA (now)," DIAL said in a statement. Videh Kumar Jaipuriar, CEO of the airport firm, said that with Delhi airport witnessing a surge in passenger traffic, DIAL is enhancing the capacity of T2. "The move will ease the pressure of fast-growing traffic so that the capacity enhancement works at Terminal 2 can be carried out effectively and efficiently. We appre...