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Monday, 29 February 2016

MM Stock Market Closing Bell for 29-02-2016

MM CLOSING BUZZ
NIFTY FUTURE DOWN 40.20@7014.95
BANKNIFTY FUTURE UP 217.15@14066.00
SENSEX DOWN 126.37@23027.93
INR 68.41
0731-475-9300

Nifty ends below 7000, Sensex tanks 152pts; banks up on Budget

The Sensex ended down 152.30 points or 0.7 percent at 23002, and the Nifty slipped 42.70 points or 0.6 percent at 6987.05.
About 1090 shares have advanced, 1390 shares declined, and 159 shares were unchanged.
ONGC, BHEL, Maruti, Infosys and L&T were major losers while ICICI Bank, HDFC Bank, Reliance, SBI and Dr Reddy’s Labs were major gainers in the Sensex.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com

MM Stock Market Opening Bell for 29-02-2016

MM OPENING BUZZ
NIFTY FUTURE DOWN 2.55@7052.55
BANKNIFTY FUTURE UP 38.60@13887.45
SENSEX DOWN 24.33@23129.97
INR 68.75
0731-475-9300

Indian Rupee Updates

The Indian rupee opened lower by 9 paise at 68.69 per dollar on Monday versus 68.60 Friday.
0731-475-9300

Indian ADRs: HDFC Bank, Tata Motors gain; Dr Reddy’s Labs slips

Indian ADRs ended mostly higher on Friday.
In the banking space, ICICI Bank was up 0.13 percent at USD 5.31.
HDFC Bank added 0.8 percent at USD 52.58.
In the IT space, Infosys was marginally up 0.02 percent at USD 16.89.
Wipro was down 0.04 percent at USD 11.30.
In the other sectors, Tata Motors gained 0.06 percent at USD 22.35.
Dr Reddy’s Laboratories fell 0.34 percent at USD 43.25.
0731-475-9300

MM International Market Trends for 29-02-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,224.20
SILVER $ 14.685
COPPER $ 2.111
CRUDE $ 32.89
INR 68.74
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG -182
NIKKEI 56
SHANGHAI -85
DOWJONES 57
NASDAQ 8
SGX NIFTY -41
0731-475-9300

Bank Nifty Market Trends for 29-02-2016

MM BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 13500
SUPP 2: 13230
RES 1: 14140
RES 2: 14450
0731-475-9300

Nifty Market Trends for 29-02-2016

MM GOOD MORNING
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6910
SUPP 2: 6850
RES 1: 7165
RES 2: 7250
0731-475-9300

Friday, 26 February 2016

MM Stock Market Closing Bell for 26-02-2016

MM CLOSING BUZZ
NIFTY FUTURE UP 60.40@7061.50
BANKNIFTY FUTURE UP 219.40@13853.00
SENSEX UP 178.30@23154.30
INR 68.74
0731-475-9300

Macro Economic Survey 2016: Sensex gains 178 pts, Nifty at 7030 ahead of Budget

The market has ended higher in the last trading session ahead of Union Budget. The Sensex ended up 178.30 points or 0.8 percent at 23154.30, and the Nifty gained 59.15 points or 0.8 percent at 7029.75.
About 1039 shares have advanced, 1435 shares declined, and 176 shares are unchanged.
Coal India, SBI, Hindalco, NTPC and L&T were top gainers in the Sensex. Among the losers were Bajaj Auto, Hero, Lupin, Bharti and Wipro.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com

MM Stock Market Opening Bell for 25-02-2016

MM OPENING BUZZ
NIFTY FUTURE UP 67.00@7061.15
BANKNIFTY FUTURE UP 113.00@13762.75
SENSEX UP 232.72@23208.72
INR 68.65
0731-475-9300

Indian Rupee Updates

The Indian rupee has opened marginally lower at 68.73 per dollar on Friday versus 68.71 Thursday.
0731-475-9300

Indian ADRs: Tata Motors, Dr Reddy’s Lab, HDFC Bank slip

Indian ADRs ended mostly lower on Thursday.
In the banking space, ICICI Bank shed 0.28 percent at USD 5.18.
HDFC Bank declined 0.56 percent at USD 51.78.
In the IT space, Infosys was up 0.03 percent at USD 16.87.
Wipro was up 0.05 percent at USD 11.34.
In the other sectors, Tata Motors slipped 0.78 percent at USD 22.29.
Dr Reddy’s Laboratories fell 0.18 percent at USD 43.59.
0731-475-9300

MM International Market Trends for 26-02-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,237.90
SILVER $ 15.155
COPPER $ 2.084
CRUDE $ 33.06
INR 68.71
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG 297
NIKKEI 171
SHANGHAI 22
DOWJONES 212
NASDAQ 39
SGX NIFTY 57
0731-475-9300

Bank Nifty Market Trends for 26-02-2016

MM BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 13500
SUPP 2: 13230
RES 1: 14140
RES 2: 14450
0731-475-9300

Nifty Market Trends for 26-02-2016

MM GOOD MORNING
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6910
SUPP 2: 6850
RES 1: 7165
RES 2: 7250
0731-475-9300

Thursday, 25 February 2016

MM Stock Market Closing Bell for 25-02-2016

MM CLOSING BUZZ
NIFTY FUTURE DOWN 48.80@6970.25
BANKNIFTY FUTURE DOWN 236.05@13554.50
SENSEX DOWN 112.93@22976.00
INR 68.74
0731-475-9300 

Nifty ends Feb series below 7000, Sensex weak on Rail Budget day

Dragged by a disapointing Rail Budget and February Future & Option series expiry, market sentiment remained low. The Nifty ended down 48.10 points or 0.7 percent at 6970.60 and  the Sensex was down 112.93 points or 0.5 percent at 22976.00.
About 888 shares advanced, 1561 shares declined, and 169 shares were unchanged.
ONGC, Sun Pharma, HDFC, Coal India and Hindalco were top gainers while SBI, GAIL, Tata Motors, ICICI Bank and L&T were losers.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com

MM Stock Market Opening Bell for 25-02-2016

MM OPENING BUZZ
NIFTY FUTURE DOWN 4.00@7015.00
BANKNIFTY FUTURE DOWN 0.55@13801.10
SENSEX DOWN 29.13@23059.80
INR 68.51
0731-475-9300

Indian Rupee Updates

The Indian rupee opened higher by 9 paise at 68.47 per dollar on Thursday versus 68.56 Wednesday.
0731-475-9300

Indian ADRs: HDFC Bank, Wipro, Dr Reddy’s Lab down

Indian ADRs ended mixed on Wednesday.
In the IT space, Infosys was up 0.19 percent at USD 16.84.
Wipro was down 0.11 percent at USD 11.29.
In the banking space, ICICI Bank was up 0.02 percent at USD 5.46.
HDFC Bank was down 0.44 percent at USD 52.34.
In the other sectors, Tata Motors gained 0.03 percent at USD 23.07.
Dr Reddy’s Laboratories shed 0.76 percent at USD 43.77.
0731-475-9300

MM International Market Trends for 25-02-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,235.40
SILVER $ 15.275
COPPER $ 2.099
CRUDE $ 31.91
INR 68.56
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG-86
NIKKEI 111
SHANGHAI -45
DOWJONES 53
NASDAQ 39
SGX NIFTY 3.5
0731-475-9300

Bank Nifty Market Trends for 25-02-2016

MM BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 13750
SUPP 2: 13350
RES 1: 14140
RES 2: 14450
0731-475-9300

Nifty Market Trends for 25-02-2016

MM GOOD MORNING
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6975
SUPP 2: 6910
RES 1: 7165
RES 2: 7250
0731-475-9300

Wednesday, 24 February 2016

MM Stock Market Closing Bell for 24-02-2016

MM CLOSING BUZZ
NIFTY FUTURE DOWN 89.30@7023.80
BANKNIFTY FUTURE DOWN 205.55@13804.95
SENSEX DOWN 321.25@23088.93
INR 68.54
0731-475-9300 

Sensex sinks 321 pts, Nifty ends below 7050; banks, infra drag

The market closed lower for second consecutive session ahead of Railway Budget and F&O expiry. The Sensex fell 321.25 points or 1.37 percent to 23088.93 and the Nifty dropped 90.85 points or 1.28 percent to 7018.70.
More than two shares declined for every share advancing on the Bombay Stock Exchange.
BHEL, NTPC, Tata Motors, Hindalco Industries, HDFC and Vedanta topped selling list on Nifty, down 3-5 percent while BPCL rallied 4.5 percent and Power Grid Corp gained 2 percent followed by Bharti Airtel, M&M, Yes Bank, Bharti Airtel, Reliance Industries, HUL and Axis Bank.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com

MM Stock Market Opening Bell for 24-02-2016

MM OPENING BUZZ
NIFTY FUTURE DOWN 21.75@7135.75
BANKNIFTY FUTURE DOWN 100.00@13950.00
SENSEX DOWN 135.56@23274.62
INR 68.60
0731-475-9300

Indian Rupee Updates

The Indian rupee has opened lower by 8 paise at 68.65 per dollar on Wednesday against previous close of 68.57.
0731-475-9300
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