Thursday, 31 March 2016

MM Stock Market Opening Buzz for 31-03-2016

MM CLOSING BUZZ
NIFTY FUTURE DOWN 1.75@7739.25
BANKNIFTY FUTURE DOWN 3.40@16144.00
SENSEX UP 3.28@25341.86
INR 66.25
0731-475-9300

Nifty ends F&O expiry below 7750, Sensex flat; banks drag, IT up

The Nifty failed to hold 7750 level, rising 3.20 points to 7738.40. The Sensex gained 3.28 points at 25341.86. IT and FMCG stocks supported while infra and select banks stocks dragged.
About 1310 shares advanced against 1241 declining shares on BSE.
HDFC, SBI, M&M, Adani Ports, GAIL and Tata Steel were down 1-1.7 percent while ITC, HDFC Bank, Sun Pharma, HUL, Bajaj Auto and NTPC gained 1-2 percent.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com

MM Stock Market Opening Buzz for 31-03-2016

MM OPENING BUZZ
NIFTY FUTURE DOWN 5.00@7734.95
BANKNIFTY FUTURE DOWN 34.00@16100.00
SENSEX UP 9.43@25348.01
INR 66.32
0731-475-9300

Indian Rupee Update

The Indian rupee has opened marginally higher at 66.35 per dollar on Thursday against previous close of 66.37.
0731-475-9300

Indian ADRs: HDFC Bank, Dr Reddy’s Lab, ICICI Bank up

Indian ADRs ended higher on Wednesday.
In the banking space, ICICI Bank rose 0.26 percent at USD 7.10.
HDFC Bank gained 1.70 percent at USD 60.86.
In the IT space, Infosys rose 0.47 percent at USD 19.16.
Wipro added 0.13 percent at USD 12.53.
In the other sectors, Tata Motors rose 0.36 percent at USD 29.03.
Dr Reddy’s Laboratories advanced 1.05 percent at USD 45.48.
0731-475-9300

MM International Market Trends for 31-03-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,228.90
SILVER $ 15.240
COPPER $ 217.9
CRUDE $ 37.91
INR 66.32
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG -12
NIKKEI 5
SHANGHAI 12
DOWJONES 83
NASDAQ 22
SGX NIFTY -2
0731-475-9300

Bank Nifty Market Trends for 31-03-2016

MM BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 15540
SUPP 2: 15220
RES 1: 15250
RES 2: 16750
0731-475-9300

Nifty Market Trends for 31-03-2016

MM GOOD MORNING
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7556
SUPP 2: 7450
RES 1: 7765
RES 2: 7870
0731-475-9300

Wednesday, 30 March 2016

MM Stock Market Closing Bell for 30-03-2016

MM CLOSING BUZZ
NIFTY FUTURE UP 121.95@7742.00
BANKNIFTY FUTURE UP 435.40@16149.90
SENSEX UP 438.12@25338.58
INR 66.38
0731-475-9300

Sensex up 438 pts, Nifty ends above 7700; metals, banks rally

The Sensex surged 438.12 points to 25338.58 and the Nifty rose 138.20 points to 7735.20, led by positive global cues and banks rally.
About 1866 shares advanced against 755 declining shares on the BSE.
ICICI Bank, Tata Motors, Lupin, SBI, Tata Steel and Hindalco Industries surged 4-6 percent while M&M and HDFC lost 1 percent.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com

MM Stock Market Opening Buzz for 30-03-2016

MM OPENING BUZZ
NIFTY FUTURE UP 40.00@7674.45
BANKNIFTY FUTURE UP 140.00@15879.00
SENSEX UP 176.60@25077.06
INR 66.39
0731-475-9300

Indian Rupee Update

The Indian rupee opened marginally higher at 66.48 per dollar on Wednesday against previous close of 66.54.
0731-475-9300

Indian ADRs: Tata Motors, HDFC Bank, Wipro gain

Indian ADRs ended mostly higher on Tuesday.
In the IT space, Infosys was down 0.06 percent at USD 18.69.
Wipro was up 0.09 percent at USD 12.40.
In the banking space, ICICI Bank rose 0.19 percent at USD 6.84.
HDFC Bank gained 0.75 percent at USD 59.16.
In the other sectors, Tata Motors added 1.36 percent at USD 28.67.
Dr Reddy’s Laboratories shed 0.42 percent at USD 44.43.
0731-475-9300

MM International Market Trends for 30-03-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,238.10
SILVER $ 15.335
COPPER $ 219.5
CRUDE $ 38.63
INR 66.54
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG 179
NIKKEI -70
SHANGHAI 0
DOWJONES 91
NASDAQ 79
SGX NIFTY 49
0731-475-9300

Bank Nifty Market Trends for 30-03-2016

MM BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 15540
SUPP 2: 15220
RES 1: 15990
RES 2: 16230
0731-475-9300

Nifty Market Trends for 30-03-2016

MM GOOD MORNING
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7556
SUPP 2: 7450
RES 1: 7740
RES 2: 7870
0731-475-9300

Tuesday, 29 March 2016

MM Stock Market Closing Bell for 29-03-2016

MM CLOSING BUZZ
NIFTY FUTURE DOWN 25.10@7613.50
BANKNIFTY FUTURE UP 46.25@15712.95
SENSEX DOWN 65.94@24900.46
INR 66.49
0731-475-9300

Nifty ends at 7597, Sensex remains below 25000; pharma, IT drag

The market continued to be volatile. The Sensex fell 54.47 points to 24911.93 and the Nifty declined 15.05 points to 7600.05. About 1603 shares declined against 952 advancing shares on BSE.
0731-475-9300

MM Stock Market Opening Bell for 29-03-2016

MM OPENING BUZZ
NIFTY FUTURE DOWN 7.00@7629.00
BANKNIFTY FUTURE DOWN 26.00@15640.00
SENSEX DOWN 6.33@24960.07
INR 66.58
0731-475-9300

Indian Rupee Update

The Indian rupee gained further in early trade today. The currency has opened at 66.50 a dollar, up 8 paise compared to 66.58 a dollar in previous session.
0731-475-9300

Asian Market Commentary

Asia markets traded mixed on Tuesday, with markets in Japan and Australia seeing losses after a mixed finish on Wall Street overnight. The Japanese Nikkei 225 was off 0.82 percent, while the Topix fell 0.77 percent.
Across the Korean Strait, the Kospi was higher by 0.41 percent. Australia’s ASX 200 retraced some of the early losses, but was still down 0.49 percent, after being closed for the Easter holiday on Friday and Monday.
Down Under, the financials subindex dropped 1.37 percent, with ANZ down 2 percent, Commonwealth Bank of Australia down 1.38 percent, Westpac off by 1.65 percent and NAB down 0.99 percent.
0731-475-9300

MM International Market Trends for 29-03-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,219.60
SILVER $ 15.225
COPPER $ 223.4
CRUDE $ 39.21
INR 66.58
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG -4
NIKKEI -24
SHANGHAI 0
DOWJONES 19
NASDAQ -4
SGX NIFTY -7
0731-475-9300

Bank Nifty Market Trends for 29-03-2016

MM BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 15540
SUPP 2: 15220
RES 1: 15990
RES 2: 16230
0731-475-9300

Nifty Market Trends for 29-03-2016

MM GOOD MORNING
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7556
SUPP 2: 7450
RES 1: 7740
RES 2: 7870
0731-475-9300

Wednesday, 23 March 2016

MM Stock Market Opening Bell for 23-03-2016

MM OPENING BUZZ
NIFTY FUTURE DOWN 5.20@7696.65
BANKNIFTY FUTURE DOWN 46.00@15952.65
SENSEX DOWN 57.45@25273.04
INR 66.79
0731-475-9300

Indian Rupee Updates

The Indian rupee has opened lower by 5 paise at 66.75 per dollar on Wednesday against previous close of 66.71 a dollar.
0731-475-9300

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

Indian ADRs ended lower on Tuesday.
In the IT space, Infosys was down 0.17 percent at USD 18.51.
Wipro was down 0.05 percent at USD 12.31.
In the banking space, ICICI Bank was down 0.09 percent at USD 6.91.
HDFC Bank shed 0.57 percent at USD 59.06.
In the other sectors, Tata Motors was unchanged at USD 28.08.
Dr Reddy’s Laboratories declined 1.62 percent at USD 45.88.
0731-475-9300

MM International Market Trends for 23-03-2016

MM INTERNATIONAL MARKET UPDATE
GOLD $ 1,243.70
SILVER $ 15.815
COPPER $ 228.8
CRUDE $ 41.03
INR 66.74
0731-475-9300

MM World Market Update for Today

MM WORLD MARKET ALERT
HANG SENG -62
NIKKEI -6
SHANGHAI -4
DOWJONES -41
NASDAQ 12.7
SGX NIFTY 1
0731-475-9300