Analysis on Indian Stock Market Trading Tips

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The market is still dragging with weakness in banks, capital goods, IT and metals. The Sensex is down 232.77 points or 0.9 percent at 25557.45, and the Nifty down 67.50 points or 0.8 percent at 7832.90. About 670 shares have advanced, 994 shares declined, and 96 shares are unchanged. Adani Ports, Tata Motors and Asian Paints are top gainers while Dr Reddy's Labs, Bharti Airtel, HUL, ICICI Bank and Tata Steel are losers in the Sensex.

Selling momentum has picked up in banking and metal stocks, leading to sharp decline in Sensex and Nifty. The Sensex fell as much as 275 points, while the Nifty is trading below 7,850. Nifty Bank is down nearly 1 per cent, led by selling in ICICI Bank shares, which are trading 2 per cent lower. SBI is down over 1 per cent. Index-heavyweight Infosys is also trading 1 per cent lower.

Analysis on Indian Share Market Trading Tips

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The S&P BSE Sensex plunged over 250 points in morning trade on Friday after retail inflation spiked in April while industrial growth stagnated, which dented any chance of a rate cut by the Reserve Bank of India in the June review.The fall in the index was led by losses in ITC, ICICI Bank, Infosys, HDFC Bank, HUL, and Bharti Airtel. 

Indian shares closed higher on Thursday, led by lenders such as ICICI Bank, after the country's upper house of parliament passed a new bankruptcy code to address corporate debts and improve the ease of doing business.

Dr Reddy's Q4 net tanks 86%, hit by one-time Venezuela write-off

Fourth quarter earnings of  Dr Reddy’s Labs were hurt by one-time Venezuela write-off. The drug major’s net profit fell 86 percent at Rs 74.6 crore in January-March quarter from Rs 518.9 crore in corresponding quarter last fiscal. Its total income also slipped 3 percent to Rs 3756.2 crore against Rs 3870.4 crore in year-ago period. Write offs on account of Venezuela stood at Rs 430.9 crore. According to a CNBC-TV18 poll, net profit of Dr Reddy's Lab was expected to jump 5.7 percent at Rs 548.6 crore in Q4FY16 and a revenue growth at 0.7 percent to Rs 3896 crore year-on-year.

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Mallya PMLA case: ED to attach India assets worth Rs 9,000 cr

The ED is mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by liquor baron Vijay Mallya in connection with its money laundering probe against him and others in the IDBI Bank loan fraud case. Officials said today the agency has already begun the exercise of identifying and valuing the country-wide immovable assets of the beleaguered businessman in order to place them under attachment under the criminal provisions of the Prevention of Money Laundering Act (PMLA). They said the agency will also inform market regulator Securities and Exchange Board of India (SEBI) about its move to similarly attach his shares in various Indian companies so that no third party rights are created.

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Indian MCX,Commodity Market Ups-Down Analysis and Conditions

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The market has opened on positive note Thursday as the Sensex is up 103.90 points at 25700.92, and the Nifty is up 25.05 points at 7873.90. About 487 shares have advanced, 129 shares declined, and 32 shares are unchanged. ICICI Bank, L&T, BHEL, Cipla Dr Reddy's Lab are the top gainers while HDFC Bank, HUL anf Infosys are the top losers.

Indian stock markets bucked global trend to trade higher on Thursday, buoyed by passage of Bankruptcy Bill in Parliament. The Sensex jumped over 200 points, while the Nifty inched closer to the 7,900 levels, after rising over 40 points. 

Market Ups-Down Analysis and Conditions

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The S&P BSE Sensex rallied over 200 points in morning trade on Thursday led by gains in ICICI Bank, Axis Bank, L&T, SBI, and Asian Paints. The Nifty50 reclaimed its crucial psychological level of 7,900 supported by gains in consumer durable, capital goods, banks, auto, realty, and metal stocks.

Indian banking stocks rise, with the S&P BSE Bankex index jumping nearly 1 pct.India's upper house of parliament passed a new bankruptcy code on Wednesday.Code to address bank debts and improve ease of doing business in India.Bankex index has the highest weightage on benchmark BSE index, which is up 0.5 pctState Bank of India up 1.1 pct, ICICI Bank gains 2.5 pct, while Punjab National Bank rises 0.7 pct.

Laying the ground for energy independence

If we were to plot the “per barrel” going price of Brent Crude oil on a chart, it would by far unnerve even the most seasoned analyst. The crude prices have been falling rather steeply over the past two years, from a high of around $110 in April 2014, to hovering at around $30 in January 2016. It certainly isn’t the ideal picture. And just when you increase the timeline from two years to say a decade, another pattern emerges. The price of crude oil is cyclical Thus, even if one rejoices in the moment when the oil prices are the lowest that we’ve seen in a very long time,  it is not going to stay this way for long.

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