Live Market Updates

Market Watch

Wednesday 23 March 2016

Marketmagnify Analysis on Indian Stock Market

For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300.


The market has opened weak on Wednesday. The Sensex is down 68.30 points or 0.3 percent at 25262.19 and the Nifty is down 11.30 points or 0.1 percent at 7703.60. About 375 shares have advanced, 264 shares declined, and 25 shares are unchanged. Hindalco, Tata Steel, Hero MotoCorp, Bharti and Coal India are top gainers while SBI, ICICI Bank, Reliance, Axis Bank Bank and HDFC are losers in the Sensex.


Banking shares were witnessing selling pressure. The Bank Nifty was down 0.7 per cent at 15,826; Bank of Baroda, Canara Bank, Punjab National Bank, Bank of India, State Bank of India, ICICI Bank and HDFC Bank were among the laggards.

Marketmagnify Analysis on Indian Share Market

For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300.

The S&P BSE Sensex started on a cautious note in morning trade on Wednesday led by losses in RIL, Infosys, ICICI Bank, HDFC, HDFC Bank.The Nifty50 was trading around its crucial support level of 7,700, weighed down by losses in oil & gas, consumer durable, capital goods, IT, and Pharma stocks. 

The BSE Sensex closed at its highest in 11 weeks on Tuesday, as hopes of aggressive rate cuts by the Reserve Bank of India offset both profit-taking and global uncertainty after two explosions tore through Brussels airport on Tuesday morning killing 13 people.The benchmark BSE Sensex rose 0.18 percent to end at 25,330.49, its highest close since January 6, clawing back from losses earlier in the day when it fell as much as 0.8 percent.

Tuesday 22 March 2016

ASEAN economies facing disparate growth outlook: Moody's


ASEAN economies facing disparate growth outlook: Moodys

The growth outlook for ASEAN economies is likely to be mixed in the next two years, with domestically focused economies such as Indonesia and the Philippines on relatively better footing than their more trade-reliant neighbours, Moody's Investor Service said on Tuesday. The cautious view from the ratings agency is a warning sign for global policymakers who are relying on emerging economies, particularly in Asia, to drive global growth in the coming years. With a prolonged slump in global trade showing no signs of abating, the outlook is darker for Asia's export-oriented economies, Moody's said.


For more news visit us at 

http://www.marketmagnify.com/services.php

 or call at 07314759300 

Agri sector has to grow fastest to eradicate poverty: Jaitley


Agri sector has to grow fastest to eradicate poverty: JaitleyUnion Finance Minister Arun Jaitley today laid bare the priority of the government, saying agriculture will have to grow "fastest" for the country to get rid of poverty and push the overall GDP expansion. "If India is to grow and get rid of poverty, the agriculture sector has to grow the fastest... agriculture is critical to the economy," Jaitley said at a seminar on the recently-announced Pradhan Mantri Fasal Bima Yojana (PMFBY) at Nabard here.


For more news visit us at 

http://www.marketmagnify.com/services.php

 or call at 07314759300 

Indian Stock,Mcx,Commodity Market News and Analysis

For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300.


The market has slipped quickly as the Sensex is down 73.55 points or 0.3 percent at 25211.82. The Nifty is down 26.55 points or 0.3 percent at 7677.70. About 668 shares have advanced, 475 shares declined, and 67 shares are unchanged. BHEL, Lupin, Sun Pharma, Tata Steel and M&M are top gainers while Adani Ports, HDFC, Infosys, Wipro and Hero MotoCorp.


Defence shares jump as government clears new procurement policy. Reliance Defence, BEML, Bharat Electronics, Bharat Forge and Rolta share advance 2-5 per cent each.Mild selling pressure was visible in select banking, FMCG, and IT stocks. The Bank Nifty and the Nifty IT indices slipped 0.3 per cent each.

Indian Share Market News and Analysis

For news on Indian Stock Market Tips,Mcx Commodity Market Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300.

The S&P BSE started on a cautious note with a negative bias in morning trade on Tuesday, led by losses in Infosys, HDFC, ICICI Bank, Hero MotoCorp, and Asian Paints.The Nifty50 slipped below its crucial support level of 7700 weighed down by losses in IT, banks, power, and realty stocks.

India's stock markets rose to a near 11-week high on Monday as hopes increased the central bank could cut rates by as much as 50 basis points next month after the government slashed the country's retail savings rate last week.The benchmark BSE Sensex rose 1.33 percent and closed at 25,285.37, while the broader NSE Nifty ended up 1.31 percent at 7,704.25. Both indexes earlier hit their highest levels since Jan. 6.

Monday 21 March 2016

Investor count in stock mkt declined over 20 years: BSE CEO


Investor count in stock mkt declined over 20 years: BSE CEO

The number of investors in the stock market has reduced in the last 20 years despite many technological advances and there is a need to introspect as to what led to the fall, BSE Chief Executive Officer Ashishkumar Chauhan said today. "We have done tremendous automation in the stock markets, we have set up automated exchanges. Even old exchanges have been automated. We have set up clearing houses, we have set up derivatives markets, but the number of investors in the last 20 years actually reduced," Chauhan said at the Skoch event here.


For more news visit us at 

http://www.marketmagnify.com/services.php

 or call at 07314759300 

China policy makers see steady growth, stable outlook in policy views


China will maintain economic growth above 6.5% in each of the next five years, Xu Shaoshi, chairman of the National Development and Reform Commission, said at a forum Sunday, one of several policy statements made by leadership at the weekend on the economic outlook. "China's economic growth will continue to develop in a stable and healthy manner," Xu said at the China Development Forum. "Over the next five years, our economic growth will keep above 6.5% each year. We will strengthen coordination at the forefront of fiscal policy, monetary policy, industrial policy, investment policy and prices policy."


For more news visit us at 

http://www.marketmagnify.com/services.php

 or call at 07314759300 

Today's Indian Stock Market Trading Tips

For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300.


The market has started on positive note Monday. The Sensex is up 60.76 points or 0.2 percent at 25013.50, and the Nifty is up 14.85 points or 0.2 percent at 7619.20. About 346 shares have advanced, 110 shares declined, and 37 shares are unchanged. SBI, GAIL, Lupin, Sun Pharma and Wipro are top gainers while Hero, Adani Ports, Dr Reddy's Labs, Infosys and Maruti are losers in the Sensex.


The Sensex and Nifty are set to open higher tracking positive trading of Nifty futures on the Singapore Stock Exchange.The Nifty futures traded on the Singapore Exchange traded 0.3 per cent or 22 points higher at 7,635.

Today's Indian Share Market Trading Tips

For new on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300.

The S&P BSE Sensex surged over 100 points in morning trade on Monday to reclaims its crucial psychological level of 25000, led by gains in ITC, HDFC, and ICICI Bank.The Nifty50 holds above its crucial support level of 7,600 supported by gains in consumer durable, realty, banks, auto, and oil & gas stocks. 


Indian stock markets rose more than 1 percent on Friday, posting their third successive weekly gain, as investors turned more positive on risk assets following the dovish stance by global central banks.Foreign investors have bought a net $1.77 billion of shares so far in March, versus this year's outflows of $1.1 billion.