Intraday Trading Tips- Sensex opens at record high, Nifty reclaims 11,000

It’s a green start to the market and the Nifty has managed to reclaim 11,000 in the opening tick. It has achieved the feat for the first time since February 1. The Sensex is touched an all-time high mark as well and is up over 180 points as well. 

MARKET TREND:- POSITIVE

NIFTY FUTURE - 

RESISTANCE 1 - 10963.67 
RESISTANCE 2 - 10989.83
 SUPPORT 1 - 10914.67 
SUPPORT 2 - 10891.83


BANK NIFTY FUTURE - 

RESISTANCE 1 - 26868.47 
RESISTANCE 2 - 26955.93 
SUPPORT 1 - 26713.47 
SUPPORT 2 - 26645.93


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Sensex dives 150 points, Nifty below 10750, banking stocks top losers

Benchmark indices BSE Sensex and NSE’s Nifty 50 declined on Friday, after gaining for last two straight sessions, tracking losses in Asian markets. Asian stocks drifted lower, with major markets in the region recording slight declines after the mixed close on Wall Street amid uncertainty over trade relations ahead of a key G7 meeting. The yields on 10-year government bonds hit over 8% in opening sessions, first time since December 2018. Meanwhile, the rupee weakened nearly 0.5% to 67.48 against US dollar. Here are one can get Free Trial on Intraday Trading, More Information call us our toll free number- 9009010900
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Sensex surges 275 points after RBI rate hike decision, Nifty ends at 10,684

BSE Sensex closed higher by 275.67 points, or 0.79%, to 35,178.88 level, while the Nifty 50 up by 91.50 points, or 0.86%, to ended at 10,684.65. Outperforming the benchmark, BSE MidCap and SmallCap surged 1.28% and 1.53%.All the sectoral indices gained led by telecom (3.02%), consumer durables (2.32%), metal (1.72%), realty (1.47%) and power (1.45%) on BSE. the Nifty PSU Bank Index jumped 2.53% led by Allahabad Bank, Indian Bank and Union Bank On NSE.Bharati Airtel, Tata Motors, Sun Pharma and SBI were top gainers, whereas ONGC, Asian Paints, HDFC Bank and ICICI Bank were among the major losers.
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Sensex loses 95 pts, Nifty ends below 10,700; Midcap index sheds 267 pts

Benchmark indices ended lower, with the Sensex falling 95.12 points to 35,227.26 due to sell-off in banking & financials, FMCG and technology stocks.

The Nifty slipped 40 points to 10,696.20. About three shares declined for every share rising on the BSE.

The Nifty Midcap index fell 267 points.

Atlanta, Manpasand Beverages, GMR Infrastructure, Shankara Build, PC Jeweller, Reliance Nippon, Kwality, IRB Infrastructure, V-Guard, Graphite India, Tinplate, HEG, Venky's, Edelweiss Financial, Allahabad Bank, Andhra Bank, CG Power and Punj Lloyd fell up to 15 percent.

Firstsource, KPIT Technologies, Torrent Pharma, Engineers India, Ashok Leyland and TVS Motor Company gained up to 4 percent.

Reference By- https://www.moneycontrol.com/news/business/markets/closing-bell-sensex-loses-95-pts-nifty-ends-below-10700-midcap-index-sheds-267-pts-2580369.html

Sensex ends below 35K, sheds 216 pts; Nifty Bank loses 359 pts

Market Closing: Benchmark indices snapped three-day winning streak, dented by weak global cues and sharp fall in rupee.

Banking & financials are the major losers that pulled the market lower in trade today.

The 30-share BSE Sensex dropped 216.24 points or 0.61 percent to Rs 34,949.24 and the 50-share NSE Nifty fell 55.40 points to 10,633.30 while Nifty Midcap was down 0.35 percent.

Bank of India, PC Jeweller, Bank of Baroda, Balrampur Chini, HCC, Canara Bank and Strides Shasun were under pressure.

Ruchi Soya, Ashok Leyland, Idea Cellular, SAIL and BHEL gained up to 4 percent.

Sensex rises 262 pts, Nifty above 10,600 on oil correction and strong rupee

Benchmark indices extended rally for the second consecutive session as the Sensex was up 261.76 points at 34,924.87, backed by banking & financials, oil, metals and technology stocks.

The 50-share NSE Nifty gained 91.30 points at 10,605.20 while Nifty Midcap index rallied 2 percent, outperforming frontliners.

Page Industries, Castrol, Adani Power, Avenue Supermarts, Cadila Healhcare, Gateway DIstriparks and MCX surged up to 20 percent.

Granules India fell 5 percent and IDBI Bank declined 2 percent.

The rupee has recovered from the intraday low of 68.28, currently trading at 67.77 against the US dollar, up 57 paise.

Referance By- https://www.moneycontrol.com/news/business/markets/closing-bell-sensex-rises-262-pts-nifty-above-10600-on-oil-correction-and-strong-rupee-2575677.html

Market Live: Sensex up 150 pts, Nifty above 10,550; TCS hits Rs 7 lakh cr in market cap

Benchmark indices extended opening gains, with the Sensex rising 146.50 points to 34,809.61 and the Nifty gaining 41.50 points at 10,555.40.

About two shares advanced for every share rising on the BSE.

TCS became the most valued listed company in India, crossing the market cap of Rs 7 lakh crore.

The Railways Strategic Business Group of L&T Construction’s Transportation Infrastructure business has won a major design & build order from the Dhaka Mass Transit Company Ltd. (DMTC) worth Rs 3191 crore for Electrical & Mechanical Systems Package of Dhaka Mass Rapid Transit Development Project (MRT – Line 6).

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Referance By- https://www.moneycontrol.com/news/business/markets/market-live-sensex-up-150-pts-nifty-above-10550-tcs-hits-rs-7-lakh-cr-in-market-cap-2575677.html

Sensex off opening high; Tata Motors hits fresh 52-week low

The market traded higher after yesterday's sharp fall, with the Sensex rising around 100 points despite mixed trend in Asian peers.

The Nifty Midcap underperformed frontliners while IT index outperformed every indices, rising more than 1.5 percent on sharp depreciation in the rupee yesterday.

The rupee recouped some of previous day's losses, trading 12 paise higher at 68.30 a dollar. Yesterday, it had corrected 38 paise to close at 68.42 a dollar.

The 30-share BSE Sensex gained 114.95 points at 34,459.86 and the 50-share NSE Nifty rose 23.70 points to 10,454.10.

About 985 shares advanced against 542 declining shares on the BSE.

Referance By- https://www.moneycontrol.com/news/business/markets/market-live-sensex-off-opening-highs-tata-motors-hits-fresh-52-week-low-2574767.html

Sensex sheds 306 pts, Nifty ends below 10,500 on weaker rupee

Benchmark indices after yesterday's breather resumed selling pressure again, with the Sensex losing more than 300 points on weaker rupee and global weakness.

The 30-share BSE Sensex was down 306.33 points or 0.88 percent at 34,344.91 and the 50-share NSE Nifty fell 106.30 points or 1.01 percent to 10,430.40.

About three shares declined for every two shares rising on the BSE.

Nifty Midcap index fell over 100 points.

Ceat, PFC, MRPL, REC, Balrampur Chini Mills, SAIL, Motherson Sumi, JSPL, GMR Infrastructure and Union Bank declined up to 7 percent.

Referance By- https://www.moneycontrol.com/news/business/markets/closing-bell-sensex-sheds-306-pts-nifty-ends-below-10500-on-weaker-rupee-2573851.html

Sensex, Nifty under pressure on global weakness; SBI, Cipla zoom 5%

Benchmark indices continued to consolidate further amid global weakness, but the Nifty Midcap

index outperformed, rising third of a percent on positive market breadth.

The 30-share BSE Sensex slipped 46.14 points to 34,605.10 and the 50-share NSE Nifty dropped 22.50 points to 10,514.20. About three shares declined for every two shares declining on the BSE.

State Bank of India gained 5 percent as brokerage houses remained positive on the stock, though they cut target price following quarterly loss of Rs 7,718 crore.

Cipla rallied 5 percent as analysts maintained positive stance, though they slash target price post earnings.

Vedanta lost 3 percent as protests seeking closure of copper smelter run by Vedanta Resources at Thoothukudi turned violent, killing 12 people.

Asian markets are under pressure after US President Donald Trump's dissatisifed with the latest round of trade talks with China.

Referance- https://www.moneycontrol.com/news/business/markets/market-live-sensex-nifty-under-pressure-on-global-weakness-sbi-cipla-zoom-5-2573851.html

Mid-cap stocks bleed, Nifty ends lower for 5th consecutive session

Markets witnessed heavy selling pressure after opening the session marginally in the green. Mid-cap stocks bore much of the brunt with Nifty Mid-cap 100 index ending the session 1.70% lower.

Bank Nifty relatively outperformed due to the strong gains in PSU Bank stocks. Bank of India, PNB and Union Bank led the rally ending 4.82%, 4.55% and 4.44% higher respectively. Market breadth ended in favor of declines, with advance/decline ratio closing at 1:4x

Tracking the derivative data points, Nifty Futures and Bank Nifty Futures witnessed a surge in open interest to the tune of ~1.79 lakh shares and ~84 thousand shares consisting of mainly short positions. 

Tracking the Nifty Index Options, call writing was witnessed in at the money and major out of the money strikes with 10600CE and 10700CE adding ~15.25 lakh shares and ~6.62 lakh shares respectively, while 10500PE added 5.41 lakh shares acting as the current support for the market. 

Referance By - https://www.indiainfoline.com/article/commentaries-equity-post-market/mid-cap-stocks-bleed-nifty-ends-lower-for-5th-consecutive-session-118052100030_1.html