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Tuesday, 31 May 2016

Stock Market News: Nifty Above 8200; Tata Motors up 9%




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The Indian Equity Market started off end of the world of the could on a positive note, chase positive Asian cues. The Sensex rose ninety two.52 points to 26818.12 and also the bang-up advanced twenty five.95 points at 8204.45. once fourth quarter earnings, Sun pharmaceutical company declined three p.c whereas Tata Motors surged eight p.c. The Indian monetary unit opened flat at sixty seven.15 per greenback against previous shut of sixty seven.16. Ashutosh Raina of HDFC Bank same, "The continued  hawkish Fed speak looks to be getting ready the markets for a attainable Fed hike shortly. The USD-INR try has been commercialism within the 67-67.50/dollar vary with prospects of a decent monsoon and risk of GST bill obtaining passed in Monsoon session of Parliament serving to the try." "We expect the try to continue commercialism during this target the close to term," he added. The greenback reached a two-month high against a basket of currencies and a one-month high against the yen on weekday, once Federal Reserve Chair Janet Yellen distributed expectations the Fed would raise US interest rates shortly.

Monday, 30 May 2016

Indian Stock News: Nifty Nears 8200


The Indian Stock Marlet has opened sturdy supported by
index heavyweights. The Sensex is up 111.59 points or zero.4 p.c at 26765.19, and therefore the corking is up thirty five points or zero.4 p.c at 8191.65. concerning 661 shares have advanced, 281 shares declined, and thirty five shares square measure unchanged. Coal India, SBI, Tata Steel, Adani Ports and Sun company square measure prime gainers whereas BHEL, ITC, Asian Paints, L&T and HDFC square measure losers within the Sensex. The rupee opened lower by eighteen paise at sixty seven.21 per dollar versus sixty seven.03 Friday. Himanshu Arora of Religare same, "The rupee is predicted to strengthen against the dollar these days. The rupee has weakened around one.5 p.c this year, whereas FIIs have bought USD a pair of.03 billion from the native equity market and sold  USD one.16 billionn in debt markets." The North American country dollar index hit two-month highs on weekday once North American country Federal Reserve System Chair Janet Yellen left the door receptive associate rate of interest increase within the coming back months.

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Saturday, 28 May 2016

Indian Equity News And Market Overview

Economic growth expected to be 7.5% in 2015-16


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India Ratings and analysis reportedly same that the economic process is predicted to be 7.5% in 2015-16. The FY16 real gross price addition (GVA) are achieved as per the advance estimate of the CSO; but value growth might miss the estimate by ten basis purpose,” the ratings agency adscititious. Asian country Ratings declared that it expects the expansion rate for half-moon of 2015-16 at seven.4%, says report. Asian country Ratings reported  that the agricultural GVA growth will surprise absolutely, despite the second consecutive year of sub-par monsoons.

Eros International this fall profit at Rs.327 mn
Eros International Media restricted (Eros International), a number one world Company within the Indian film show biz, nowadays proclaimed its consolidated money results for the quarter and full year over March thirty one, 2016 (Q4 & FY2016). The revenue for FY16 is at Rs. 16,036 mn, against Rs. 14,410 mn in FY15; up St Martin's Day. The PAT at Rs. 2141 mn, against Rs. 2,471 mn; down thirteen and EBIT at Rs. 3,375 mn, against Rs. 3,616 mn; down seven-membered.

DLF this fall profit at Rs.1323.90 mn
DLF Ltd announce a profit of Rs. 1323.90 million for the Quarter over March thirty one, 2016 as compared to Rs. 1716.20 million for the Quarter over March thirty one, 2015.
Total financial gain has inflated from Rs. 21011.60 million for the Quarter over March thirty one, 2015 to Rs. 24957.80 million for the Quarter over March thirty one, 2016.

Jaiprakash Power Ventures this fall web loss at Rs.3528.50mn
Jaiprakash Power Ventures Ltd announce a web loss of Rs. (3528.50) million for the quarter over March thirty one, 2016 wherever because the same was at profit of Rs. (1415.40) million for the quarter over March thirty one, 2015. Total financial gain is Rs. 5746.50 million for the quarter over March thirty one, 2016 wherever because the same was at Rs. 9875.10 million for the quarter over March thirty one, 2015.

Tata Comm this fall web loss at Rs. 2058.90mn
Tata Communications Ltd announce a web loss when taxes, minority interest and share of profit of associates of Rs. (2058.90) million for the Quarter over March thirty one, 2016 as compared to web loss of Rs. (1782.50) million for the Quarter over March thirty one, 2015. Total financial gain has inflated from Rs. 48804.30 million for the Quarter over March thirty one, 2015 to Rs. 52394.40 million for the Quarter over March thirty one, 2016. The cluster has announce a web loss when taxes, minority interest and share of profit of associates of Rs. (2118.40) million for the year over March thirty one, 2016 as compared to profit of Rs. 12.90 million for the year over March thirty one, 2015.
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Friday, 27 May 2016

Indian Market News: Nifty Hits 8100 In June Series


After a stellar rally yesterday, the market has opened sturdy
on weekday. The slap-up has touched 8100 in brief starting Gregorian calendar month series . The 50-share index is up twenty four.25 points or zero.3 % at 8093.90. The Sensex is up seventy eight.72 points or zero.3 % at 26445.40. regarding 504 shares have advanced, 204 shares declined, and thirty four shares square measure unchanged. Sun Pharma, Lupin, SBI, Axis Bank and Adani Ports square measure up whereas L&T, Bajaj Auto, ICICI Bank, Dr Reddy's Labs and HDFC Bank square measure losers within the Sensex. The rupee extended gains. The currency has opened at sixty seven.02 a greenback, up fifteen paise compared to previous day's closing worth of sixty seven.17 a greenback. The USD-INR try when in brief commercialism on top of sixty seven.50 per greenback has touched back to the sixty six.50-67.50 vary chase international greenback weakness and positive equities. Ashutosh Raina of HDFC Bank says the equity markets square measure consolidating recent gains, oil is border higher and greenback is slightly weaker, adding markets wait the U.S.A. Q1 GDP knowledge. Asian stocks force ahead when patches folks knowledge continued  to color the world's largest economy during a positive lightweight, whereas the greenback was on the defensive against its major peers. The Dow inched down zero.1 % and also the S&P five hundred over flat nightlong when rising powerfully for 2 days as advancing utilities offset declines in materials, banks and alternative cyclic  industries.
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MarketMagnify Investment Advisor & Research Pvt Ltd. provides you Trading tip calls about the Indian stock markets with intense analysis done by our Team of Analysts. We have been providing valuable Tips to our clients through various methods. More visit our site: http://www.marketmagnify.com or call
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