Opening Bell - Markets open flat with slightly positive bias; Idea up by 4.7%

At 9:15 AM, the BSE Sensex opened higher by 5 points at 29653, while the Nifty50 opened higher by 7 points at the 9166 mark.
 
Idea is the top Nifty gainer and Infosys is the top Nifty loser. Idea is trading at Rs 113.25 per share up by 4.7%. Infosys is trading at Rs 1020 per share down by 1.9%.
 
There are 904 advances, 515 declines and 460 unchanged stocks on NSE reflecting some positive bias floating in the market.
 
Immediate support for Nifty50 is likely to be expected around the level of 9,120, and if this level is breached, the next support is likely to be around the levels of 9,065-9,070. On the upside, the level of 9,220 is likely to act as a resistance level, but if the index manages to sustain above the level of 9,220, it is likely to scale up to the level of 9,300.
 
The rupee opened at 65.40 per dollar higher by 6 paise.
 
The US stocks ended with modest losses on Friday. The Dow Jones Industrial Average slid 20 points to close at 20,915, while the S&P 500 index shed 3 points to finish at 2,378. The Nasdaq Composite index closed almost unchanged.
 
Asian stocks are trading mixed on Monday. Japan’s Nikkei 225 has shed 69 points, while Hong Kong’s Hang Seng is trading with gains of 42 points and the Shanghai Composite is trading just above neutral line.

Nifty closes at 9160, Sensex above 60 points, ITC stock of the day

Barometer index NSE Nifty in opening session hit it all time high of 9207.80 marks, soon after paring its gains in the afternoon session and managing to close in green up by 6 points. While Sensex closed 33 points away from it record closing high.
 
NSE Nifty closed at 9160 levels, up by 6 points or 0.07%. BSE Sensex closed at 29,648 levels, up by 63 points or 0.21%.
 
There were 691 advances, 954 declines and 275 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
ITC was the top Nifty gainer whereas, Idea was the top Nifty loser in Friday’s trading session.
 
The BSE Mid-cap Index closed down 0.1% at 13893 whereas, BSE Small-cap Index closed up 0.1% at 14012.

Cigarette company shares since morning session were sizzling on bourses as the GST Council on Thursday cleared a proposal to cap the cess on tobacco and cigarettes on Thursday.
 
ITC rallied 7.5% hitting a high of Rs 288 per share, the stock closed at Rs 280 per share up by Rs 12 per share or 4.6%
 
Sugar stocks in closing hours of trade were gained ahead of the sugar output data.
 
Andhra Sugar was up by 8.5%, the stock closed at Rs 296 up by Rs 19 per share or 6.9%.

Opening Bell – Nifty opens above 9200 for the first time; ITC up by 4.3%

At 9:15 AM, the BSE Sensex opened higher by 170 points at 29755, while the Nifty50 opened higher by 54 points at the 9207 mark.
 
ITC is the top Nifty gainer and Tech Mahindra is the top Nifty loser in the morning hours on Friday. ITC is trading at Rs 280 per share up by 4.34%. Tech Mahindra is trading at Rs 475 per share down by 1.2%.
 
Wipro is trading at Rs 504 per share, up by 0.76%. Lupin is trading at Rs 1465 per share, up by 0.69%. Megasoft Limited is trading at Rs 22.25 per share, up by 10.7%.
 
The levels of 9,200 and 9,230 are likely to act as resistance for Nifty50. On the downside, immediate support will be offered at the level of 9,120 and the next support at the level of 9,070.
 
The rupee opened at 65.48 per dollar lower by 4 paise.
 
The Dow Jones Industrial Average declined 16 points to finish at 20,935. The Nasdaq Composite index finished marginally up by 1 point at 5,901. The S&P 500 index finished down 4 points at 2,381.
 
The Asian markets also trading in positive territory. Nikkei 225 is trading lower by 70 points at 19519 level. SGX Nifty is trading higher by 21 points at 9206 level.
 
The European markets closed higher on Thursday. FTSE 100 closed higher by 47 points at 7415 level. CAC 40 of France closed higher by 28 points at 5013 level. German DAX closed higher by 73 points at 12083 level.

Nifty closes above 9100 for first time; HDFC, Infosys, L&T top contributors to Nifty index gains

Barometer index Nifty closed at it all time high of 9153 levels, up by 68 points or 0.7%. While, Sensex closed at 29586 levels, up by 187 points or 0.6%.  

HDFC, Infosys, L&T were the top contributors to Nifty index gains lifting the it to higher levels.
 
Nifty, Nifty Bank and Nifty Midcap ended at record closing highs on Thursday. whereas, Sensex closed 96 points away from its record closing high of 29682. All the sectoral indices closed in green, Nifty Metal being the top gainer.
 
While, on the NSE advance decline ratio was at 5:2. There were 1149 advances, 482 declines and 288 unchanged stocks on NSE, reflecting bullish undertone floating in the market.
 
Adani Ports was the top Nifty gainer whereas, Bharti Airtel was the top Nifty loser in Thursday’s trading session.
 
The BSE Mid-cap Index closed up 1.5% at 13912 whereas, BSE Small-cap Index closed up 1% at 14006.

APL Apollo Tubes soared over 5% as the company announced partnership with NEXTracker, hitting a 52-week high of Rs 1149.10.
 
Ashoka Buildcon soared over 7% hitting a 52-week high of Rs 199.65 per share. The stocks closed at Rs 196 up by Rs 10 per share or 5%.
 
Pennar Engineeered jumped over 11% as the company bagged order an order worth Rs 152 crore. The stock closed at Rs 130 up by Rs 10 per share or 8%.
 
HCL Tech rallied over 5% as the company is considering buyback of  its shares on March 20. The stocks closed at Rs 53 up by Rs 1 or 2%.

Live Stock Market Updates – Sensex at two-year high, Nifty holds morning gains, Logistics stocks sizzle

Sensex index surged past its two-year high to 29,583.45, up 0.7% or 194.37 points on Thursday’s trade.
 
Share of tech giant HCL Technologies jumped 3% as the company on Wednesday announced is going to consider buyback of its shares.
 
Logistics stocks are gaining ground as the GST Council is likely to endorse additional legislation for implementation of the GST on Thursday.
 
Transport and logistics stocks on the exchanges such as, TCI Express is up by 10.5%, Transport Corp is up by 7.1%, Chartered Logistics is up by 4.7%, Snowman Logistics is up by 3.3%, All Cargo is up by 2.6%, VRL Logistics is up by 2% and Arshiya is up by 2%.
 
At 1 PM, the S&P BSE Sensex is trading at 29536 up 137 points, while NSE Nifty is trading at 9137 up 52 points. A total of 70 stocks registered a fresh 52-week high in trade today, while 25 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 1.1% at 13858, whereas BSE Small-cap Index is trading up 1% at 14001.
 
Some buying activity is seen in FMCG, Finance, Industrials, IT and Auto indices while, Telecom index is showing weakness on BSE.
 
Adani Ports, Tata Steel, HCT Tech, Hindalco, IndusInd Bank and Infosys are among the gainers, whereas Bharti Airtel, Reliance, HDFC Bank and Zeel are losing on the NSE.
 
The INDIA VIX is down 3% at 12.

Opening Bell - Nifty touches all-time high of 9143; HCL Tech top Nifty gainer

At 9:15 AM, the BSE Sensex opened higher by 84 points at 29482, while the Nifty50 opened higher by 45 points at the 9129 mark. Nifty touched its all-time high of 9143 level in the morning hour on Thursday.
 
HCL Technologies is the top Nifty gainer. The stock is trading at Rs 857.3 per share, up by 1.7%.
 
Century Textiles & Industries Limited is trading at Rs 1038 per share, up by 1.8%. Hindalco Industries Limited is trading at Rs 193.4 per share, up by 1.3%.
 
There are 1111 advances, 312 declines and 462 unchanged stocks on NSE reflecting strong positive bias floating in the market.
 
Nifty50 needs to hold above the level of 9,120 to start a fresh up-move towards levels of 9,180-9,230, while on the downside, the level of 9,000 is likely to act as strong support.
 
The rupee opened at its fresh 16-months high of 65.38 per dollar up by 0.4%. The rupee gained 2.1% in the month of march and 3.9% on YTD basis.
 
The US stocks surged higher on Wednesday as the Federal Reserve raised interest rates. The Dow Jones Industrial Average gained 113 points to end at 20,950. The S&P 500 index rose 20 points to finish at 2,385. The Nasdaq Composite Index advanced 43 points to 5,900.
 
The European markets closed higher on Wednesday. FTSE 100 closed higher by 11 points at 7368 level, CAC closed higher by 11 points at 4985 level, German DAX closed higher by 21 points at 12009 levels.
 
SGX Nifty is trading higher by 66 points at 9175 level.

Nifty closes above 9080, Sensex down 40 points, Idea rallies over 10%

    Nifty closed at 9084 levels, down by 2 points or 0.02%. Sensex closed at 29398 levels, down by 44 points or 0.15%.
 
There were 846 advances, 783 declines and 294 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
Idea was the top Nifty gainer whereas, TCS was the top Nifty loser in Wednesday’s trading session.
 
The BSE Mid-cap Index closed up 1% at 13700 whereas, BSE Small-cap Index closed up 0.6% at 13858.

IT stocks under performed broader markets and was the top losing index on the BSE on Wednesday.
 
Infosys contributed nearly 50% to the BSE IT index downfall dragging the index to its lows. The stock closed at Rs 1011 per share up by Rs 23 per share or 2.2%.

Among the Telecom stocks Idea was the top buzzing stock in morning trade and was up by nearly 10%. The stock closed at Rs 113 per share up by Rs 10 per share or 9.9%.
 
Tyre stock, MRF was gaining ground in lunch hours closing at Rs 57100 per share up by Rs 4 per share or 7.7%.

Wipro bags 12 year contract from NHS Scotland

On Tuesday, Wipro, an IT firm announced that the company has bagged a 12 year contract from NHS Scotland. The contract is to build a next generation Enterprise Master Patient Index (eMPI) solution.
 
The Information Technology giant is partnering with NextGate to enable the eMPI solution in Scotland.
 
The Enterprise Master Patient Index (eMPI) solution will help NHS Scotland to transition from its legacy Community Health Index System (CHI) to offer efficient, cost-effective, paperless and patient friendly services in Scotland.
 
Usage of the eMPI solution technology, and modernising of CHI will help to deliver highest quality of healthcare in a cost-efficient and effective way to the people of Scotland.
 
National Health Board of Scotland’s work includes the reduction of health inequalities and improving of the health condition.

 Wipro Ltd is currently trading at Rs 497.15, down by Rs 3.3 or 0.66% from its previous closing of Rs 500.45 on the BSE.

The stock is currently trading above its 200 DMA.

Live Stock Market Updates: Nifty hovers around 9090; MRF up by 9%

MRF Limited is the top gainer in the bunch of BSE Mid-cap index. The stock is trading up by 9% at Rs 57758 per share.
 
Arvind Smart Spaces Limited is the top gainer in the bunch of BSE Small-cap index. The stock is trading up by 14.5% at Rs 82.7 per share.
 
There are 914 advances, 681 declines and 324 unchanged stocks on NSE reflecting some positive bias floating in the market.
 
At 1 PM, the S&P BSE Sensex is trading at 29422 down 19 points, while NSE Nifty is trading at 9092 up 5 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 24 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 1.03% at 13696, while BSE Small-cap Index is trading up 0.7% at 13861.
 
Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while Information Technology are showing weakness on BSE.
 
Idea, Bank of Baroda, Grasim, Aurobindo Pharma, Adani Ports and Reliance Industries Limited are among the gainers, whereas TCS, Infosys, Hindustan Unilever, HCL Tech and Bharti Airtelare losing sheen on NSE.
 
The INDIA VIX is down 0.04% at 12.4.

Opening Bell - Markets opens flat; Tech Mahindra top Nifty gainer

At 9:15 AM, the BSE Sensex opened higher by 9 points at 29452, while the Nifty50 opened flat at the 9086 mark.
 
Tech Mahindra is the top Nifty gainer and Bosch Limited is the top Nifty loser. Tech Mahindra is trading at Rs 484.15 per share, up by 0.9%. Bosch is trading at Rs 22400 per share, down by 0.85%.
 
There are 866 advances, 488 declines and 457 unchanged stocks on NSE reflecting strong positive bias floating in the market.
 
Immediate resistance stands at the level of 9,120 and then next resistance stands at levels of 9,230. On the downside, major support for the index is placed around levels of 9,000, and as long as the level of 9,000 is intact, the trend will be in favour of bulls. 
 
The rupee opened at one year high of 65.76 per dollar.
 
The U.S. investors were cautious ahead of Federal Reserve’s monetary policy meet.
 
The Dow Jones Industrial Average slid 44 points to finish at 20837. The S&P 500 index declined by 8 points to close at 2365; and the Nasdaq Composite Index declined by 18 points to end at 5856.
 
Asian stocks are trading lower on Wednesday. Japan’s Nikkei 225 shed 62 points, Hong Kong’s Hang Seng dropped 120 points and the Shanghai Composite slipped 3 points.
 
The SGX Nifty, which was trading at 9,118, up by 17 points or 0.19 per cent, signalled a flattish opening.