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Tata Motors hits new high
Posted on 22nd September 2014
Tata Motors has moved higher by 4.2% to Rs 541, also its new high on the National Stock Exchange (NSE).

The stock opened at Rs 515 and touched a low of Rs 514 in early morning deals on NSE. A combined 5.94 million shares changed hands on the counter so far on NSE and BSE.


Markets back in defensive mode
Posted on 22nd September 2014
The euphoria that had begun in the run-up to Narendra Modi’s victory in the Lok Sabha elections seems to be waning, with the stock markets returning to the defensive mode. Over the past three months, the weight of information technology (IT), pharmaceutical and fast-moving consumer goods (FMCG) companies has risen sharply on the indices.

These three sectors now account for a little more than a third of the combined market capitalisation (free-float) of the National Stock Exchange’s Nifty50 index, compared with 31 per cent at the end of May this year. The only exception in this pack has been ITC, whose stock is languishing due to the current health minister’s strong anti-smoking stance. The defensive stocks’ share on the index had peaked to around 37 per cent in October last year.


Markets continue golden run: BSE Sensex up 100 pts, NSE Nifty above 8,100
Posted on 3rd September 2014
Continuing its rising streak for the ninth straight session, the benchmark BSE Sensex rose over 129 points to hit a new high of 27,148.90 in opening trade today on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.

The 30-share index, which had gained over 705 points in the previous eight sessions, gathered another 129.51 points, or 0.47 per cent, to trade at a new peak of 27,148.90, surpassing its earlier record of 27,082.85 touched yesterday (intra-day).


Market forecast: For NSE Nifty, 8,060 eyed; NSE FRL, SPIC are 'buy'
Posted on 30th August 2014
Key benchmark index ( Nifty August Future) edged higher in early week's trading and scaled record high of 7979, but could not sustain at the higher level, Throughout the week it swung between positive and negative zone in tight range of 7980 and 7870. On the last day of week's trading it remained choppy due to expiry of F&O contracts. Nifty August Future gave closing at 7955 above the psychological level of 7900.

NSE, BSE to exclude USL from F&O segment
Posted on 23rd August 2014
Leading stock exchanges, BSE and NSE, will drop United Spirits Ltd (USL) from the future and option segment from September 19 as the company failed to comply with listing agreements, including timely submission of financial results.

In similarly-worded circulars, BSE and NSE said “United Spirits Ltd has not submitted financial results for the year ended March 31, 2014 and quarter ended June 30, 2014 as required under Clause 41 of the listing agreement.”


NSE Nifty index marks record high, tracks higher global shares
Posted on 22nd August 2014
India's NSE Nifty index rises as much as 0.43 percent to a record high of 7,924.90.

That marks its fourth record high this week, surpassing the previous all-time high on Wednesday


UBS sees NSE Nifty at 8,000 level by December end
Posted on 18th August 2014
Reiterating its bullishness on the domestic equities, Swiss brokerage UBS has said NSE Nifty will scale the 8,000-mark by December even though market expectations from government remain "unrealistically" high.

"The market direction is likely to remain positive going forward. We believe investors will be willing to give a premium for growth potential, especially as cyclical economic recovery starts manifesting in data points...therefore we maintain our Nifty target for end-2014 at 8000," UBS analyst Gautam Chhaochharia said in a note.


Indian shares mark nearly 2-1/2 week closing high ahead of Narendra Modi's Independence Day speech
Posted on 16th August 2014
The BSE Sensex extended gains for the fourth straight session today soaring by 184 points to reclaim the 26,000-mark after two weeks as inflation dropped to five-month low level and foreign capital inflows rose - markets are also expecting a positive 'mini-Budget' speech from PM Narendra Modi on Independence Day on Friday.

BSE Sensex, NSE Nifty slip on negative global cues
Posted on 1st August 2014
The BSE benchmark, the Sensex was trading 137.58 points or 0.53% lower at 25,757.39 points, while the NSE's Nifty was trading 48.70 points or 0.63% lower at 7,672.60 points at 9.45 am IST.

On Thursday, the US markets cracked after Argentina announced that it had defaulted on its debt. The Dow Jones closed 1.88% lower, while Nasdaq ended 2.09% lower on Friday.


NSE Nifty hits new lifetime high of 7,809.20 on capital inflows; Infosys, Bank of Baroda shares jump
Posted on 23rd July 2014
The National Stock Exchange (NSE) index Nifty today scaled a new record-high of 7,809.20 points, led by a rally in IT, tech, auto, oil & gas, banking and pharma stocks on sustained foreign capital inflows amid robust corporate earnings.

The 50-issue NSE Nifty index regained the 7,800-level for the second time this month by surging 41.35 points, or 0.53 per cent, to trade at an all-time high of 7,809.20, surpassing its previous intra-day high of 7,808.85 touched on July 8.


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