Free Share Tips : Indian Share Market

Today the Indian Share Market opened on a very weak and negative basis. At 9:28am (IST), the BSE Sensex was at 17,264, up 28 points over the previous close. It had earlier touched a day’s high of 17,264 and day's low of 17,200. It opened at 17,244.
The NSE Nifty was quoting at 5,236 up 7  point sover the previous close. It had earlier touched a day’s high of 5,236 and a day’s low of 5214. It had opened at 5220.
Indian Shares to Trade in Today 1 August :-
SBI: Buy with a target of 2200 and a stop loss of 1929.4.
Cipla: Buy with a target of 360 and a stop loss of 328.4.
ITC: Sell with a target of 240 and an intraday stop loss of 261.6. 
Asian Paints: Sell with a target of 3400 and a stop loss of 3717.

Nifty Outlook : Sensex updates

Sensex gains most in 1 month; Nifty at 5200

The BSE benchmark ended above the key 17,000 mark on the back of a global rally in equities. The Sensex soared 304 points or 1.8 per cent, its biggest rally in over one month, while the broader Nifty index advanced 100 points to 5,199.80.

Markets ended near the day's high, signalling further bullishness ahead. Global cues helped sentiments today. Asian stocks closed higher and European markets also traded with strong gains.

Global stocks started rallying ever since the ECB president resolved to save the Eurozone last Thursday. Analysts also expect the US Federal Reserve to announce monetary easing action later this week after US GDP grew at 1.5 per cent in Q2, the weakest since the third quarter of 2011.

Domestically, the Reserve Bank will announce its monetary policy on Tuesday. Economists expect the central bank to hold rates because of high inflation.

"The markets are ending near the day's high and that's a significant indication. For the short term, I am not bearish on the markets even if the RBI doesn't do anything," Ashu Madan, COO of Religare Securities told NDTV Profit.

The Sensex gained 304 points to 17,144, while the Nifty advanced 100 points higher at 5,200.

Power, realty and capital goods shares were the top gainers, rising over 3 per cent. Banking stocks also rebounded sharply, gaining 2.7 per cent on the BSE.

On the Nifty index, infra major Jaiprakash Associates was the top gainer, rising 5.7 per cent. Reliance Infra gained 5.4 per cent. Oil and gas major Cairn India and infra lender IDFC were the other big gainers, rising 4-5 per cent.

Shares in state-run lenders like SBI rebounded after some PSU lenders like Oriental Bank of Commerce reported better than expected earnings today. Bank of Baroda met Street estimates. These lenders did not report a sharp rise in asset quality, like PNB and Central Bank did last Friday.

State Bank of India gained 4.7 per cent, while Bank of Baroda rose 3.5 per cent.

ICICI Bank, India's biggest private lender, was among the top Nifty gainers, rising 3.9 per cent. ICICI Bank had reported strong set of results for the June quarter on Friday. The restructured loans had also declined. Other private sector lenders like Axis Bank also saw strong gains.

"PSU banks have been disappointing. Private sector banks have been on a positive note on fee income and select credit growth. The commentary of ICICI Bank says they are here to maintain the net interest margin and growth in business. Private sector banks give confidence vis-a-vis PSU banks," Deven Choksey, MD of KR Choksey Securities told NDTV Profit.

On the Nifty, only 4 of the 50 stocks closed lower. Ambuja Cements was the top loser, down 1.3 per cent. IT major Wipro, which expects to grow at the lower end of analysts' expectations in the September quarter, shed 0.5 per cent. State run oil explorer ONGC and IT major HCL Tech also saw minor losses.

Among other stocks, SpiceJet soared 22 per cent, after the domestic carrier swung into profit after five straight quarterly losses. It was also the top traded stock on the BSE 500 index.

The market breadth continued to remain strong with nearly 80 per cent shares rising on the broader BSE 500 index.

SOURCE : http://profit.ndtv.com

Rupee Update : Share Market Trading

Rupee opens higher at 55.49/$ on strong Asian cues

The rupee rose today in opening trade on Friday 27 July 2012, and its continuously increasing and is recommended and seems to be extending gains for a second successive session, the Asian stocks rose and the euro steadied on hopes are the reasons for such recommendations. Also the European Central Bank will take all steps needed to protect the euro zone.

At 9:03 a.m., the rupee was at 55.49/51 to the dollar versus its last close of 55.52/53.

Now lets see and hope to gain more levels in the noon and evening trading sessions.

Infosys Latest Updates and News

Why Infosys shares have hit 52-week low

Shares in Infosys, India's second biggest IT outsourcer, slumped to a 52-week low Wednesday. Infosys, which has the biggest weightage among IT stocks, made a new year-low at Rs 2,150 today.

Infosys, once the IT sector bellwether, has seen a steady decline in its share prices on the back of weak financial results and a slew of visa misuse cases in the US, its biggest market.

Shares in the company are down 22 per cent since the beginning of this year. In contrast, the Sensex has gained a little over 9 per cent in 2012. Infosys' performance is in stark contrast to TCS, whose shares are up 4 per cent this year. TCS is India's biggest IT outsourcer with net revenues in excess of $10 billion.

Infosys was considered to be the industry bellwether because of its ability to achieve and usually exceed dollar revenue forecasts. That kept analysts and investors happy. However, over the past few quarters, Infosys has been unable to keep pace with its forecast

From a company that exceeded forecast, Infosys went on to cut its forecast more than expected. It cut its FY13 sales outlook to 5 per cent, down from its April estimate of 8-10 per cent growth. The company has also stopped giving out quarterly guidance in view of the uncertain environment.

Not surprisingly, the company's shares have lost over 4 per cent since July 12, when the company delivered a below estimates outlook for FY13.

Investors have now started questioning the company's growth strategy. That's because Infosys has often cited weak macroeconomic environment and falling client confidence as the reasons behind its falling fortunes. However, other companies like TCS and HCL, India's number four software services exporter, seem to thrive in the same environment.

"It makes you wonder if they are operating in the same environment because the management view of the two companies are completely different," Ambareesh Baliga, COO at Way2Wealth Brokers had earlier told NDTV contrasting Infosys' performance with that of TCS.

HCL, incidentally, has surpassed Street estimates in the June quarter and its shares are up 6 per cent today. Earlier, TCS said it expects to beat the industry export revenue growth forecast of 11-14 per cent for this fiscal year set by trade body Nasscom.

SOURCE : profit.ndtv.com

Stock Market Updates

Government set aside Rs 30,000 cr for startups in IT hardware, electronics.

NEW DELHI: India has set aside Rs 30,000 crore worth of incentives and subsidies to firms who will be interested in setting up electronic manufacturing units in the country. Startups interested in creation of apps for mobile phones, tablets and other electronic hardware will also benefit, as a package of Rs 10,000 crore is in the offing for them.

"About Rs 20,000 crore has already been approved. While the rest Rs 10,000 crore has been put forth for approval by the Cabinet for startups interested in IP creation, as an electronic development fund - EDF," J Satyanarayana, who took over this year as the new IT Secretary, at Department of Electronics and IT told ET.

Besides, the government has also drafted a marketing plan to encourage 'Made in India' electronics in the global market. "We have developed a marketing strategy. We will visit global trade fairs and exhibitions and invite component and electronic makers in Korea, Taiwan, China, Japan, Germany and US, to locate units in India," Mr Satyanarayana added. A delegation of Ministry officials is visiting a trade fair in Germany, next month to scout for potential candidates to set up units in India.

The Union Cabinet last month approved Rs 10,000 crore, as financial support for the development of electronic manufacturing clusters. Another package of Rs 10,000 crore has been approved to promote large scale manufacturing in India. About 2-3 firms have already expressed interest. "We expect the first few firms to utilize the incentives and set up units by next year," he said.

Termed modified special incentive package (MSIPS), it will provide incentives to the tune of 20%-25% as subsidy for capital expenditure incurred.

This is the second time that the government is coming out with such sops. In the past few years, government's move to attract semiconductor fabs to India have fallen on deaf ears. Not a single company utilized the incentives for chip manufacturing in India, the last time incentives were doled out during former IT minister Dayanaidhi Maran's tenure.

"It has been disappointing. Attracting investments involves a multi pronged strategy to develop talent, give incentives, and encourage IP creation, which we have embarked upon now," Mr Satyanarayana added.

The incentives will be provided in 29 categories which includes telecom, IT hardware, medical electronics, auto electronics, avionics and nano-electronics.

The incentives will also be applicable to firms such as Nokia, Samsung, LG, Dell, Lenovo who are already manufacturing in India.

India's electronics import bill is expected to cross $400 billion by 2020, which would exceed the oil import bill, thus threatening the country's dollar reserves. Globally, about $1.7 trillion worth of electronics hardware manufactured every year, of which India contributes only 1.3%.
SOURCE : Economictimes.indiatimes.com

Futures Trading Prices and Data Feed

When traders consider futures trading platforms they choose those platforms that have the technical specs, the visual appeal and the stability required in aggregating large files of data. However, traders should also consider two aspects when it comes to trading futures:

1)   Low latency delivery of trades. In the exchanges where institutions compare nano seconds, you should consider data feeds that would deliver your trade as fast as possible.  Keep in mind, in the exchange it’s first in and first out, so the idea of you being a head in your trading execution is important.

2)   Unfiltered data. You can only develop a good methodology if you have all facts so having an unfiltered data will give you a complete picture of what is happening in the market place. Many use aggregate data that simply can skew data that chart traders rely on.

One such data that feed you will find appealing is Rithmic

Rithmic advantages include:

• Unfiltered data: During volatile periods you get an accurate picture of price activity, because Rithmic provides a very stable data feed. You will actually see true “tick-by-tick” data instead of “data blocks” like most other data providers. You get a clear and instantaneous picture of price activity.
• Rithmic’s servers are co-located right on the major exchanges and provide high-end stable connectivity and smart order routing solution that can meet the demands of the most demanding retail traders. 
• Stability:  Rithmic’s infrastructure sits atop the most sophisticated and highly reliable infrastructure and is monitored at all times by top quality programmers

Take a look at futures trading platforms that Rithmic could be applied to: This site belongs to a futures broker  Optimus Trading Group, a brokerage dedicated self directed futures traders.

Share Market Review and Updates

Sensex gains strength on European cues; Bajaj Auto up 4%

The BSE Sensex and NSE NIfty gained strength after a consolidation and downward journey in previous sessions. European markets too moved up further; France's CAC rose over 1% while Germany's DAX and Britain's FTSE went up 0.5% each.

In previous sessions nifty and sensex were showing the down trend but meanwhile it gained strength again. European markets too moved up further; France's CAC rose over 1% while Germany's DAX and Britain's FTSE went up 0.5%.

Indian markets have advanced lately on expectations of some positive news on the reforms front after the Prime Minister took additional charge as the Finance Minister. Investors will be disappointed if the Centre fails to live up to these expectations.

The quarterly results season is also underway now, prompting investors to adopt a 'wait-and-watch' approach for the time being.

Globally too, things remain quite fragile amid no sign of a permanent fix for the eurozone debt crisis and mounting worries over the economic slowdown in the US and China.

Meanwhile, Trinamool Congress leader Mamata Banerjee has backed Pranab Mukherjee's candidature ahead of Thursday’s presidential election. However, it remains to be seen if she will back some of the key reform measures that the Government is considering.

The near-term trend remains uncertain. We maintain a cautious stance as long as the Nifty trades below 5260 levels.

Today's Market Gainers : Pharmaceutical and oil companies are among the main gainers in the Stoxx Europe 600 index. 

Equity Tips : Nifty Tips Tomorrow

Share market India today traded so-so and ended (closed) on a flat note range bounded. Share market was trading quite fine in the morning session, suddenly it started creating selling pressure in the late noon session, which resulted in range bound and flat closing today. While on the other hand the Asian market ended on a strong note, also European share rose.

Share Market View and Outlook For Tomorrow -

Current share market trend is range bound and it seems that it will  not remain the same and tomorrow market opening bell will be in green, FMCG indices and BSE Health care indices were traded in green today and gained some weight in the market. While Bajaj auto, Tatamotors and Tcs where among the biggest looser today. Also the Bse Mid cap and small cap indices have slipped 0.4%

Nifty Trend and Expert Recommendations -

Nifty shut today at : 5192.85 down 4 points, its being traded negative after the late noon session, today nifty opening was quite good and traded in green till the early noon, chances are seen to rise in tomorrow's trading session. For today's share market, The top Nifty gainers Wipro, Dr Reddy, Itc and Sunpharma and   the biggest losers included Reliance, BPCL and Bajaj Auto

Don't be surprise if  Nifty climbs to 5600 in the next month or so. However, we advise long-term investors against buying into the current market because of the lag in fundamentals. 

TCS Updates|Results

TCS gains on strong profit growth in Q1 

Tata Consultancy Services (TCS) gained on Friday after company announced strong Q1 earnings. Shares of the company are trading at Rs 1,265, up Rs 28.9, or 2.34% at the Bombay Stock Exchange (BSE) on Friday at 9:30 a.m.

The company reported consolidated net profit of 37.39% to Rs 33.18 billion for the quarter ended June 30, 2012 as compared to Rs 24.15 billion for the quarter ended June 30, 2011. On sequential basis, TCS`s consolidated profit grew 14.60% over previous quarter.

Total consolidated revenues has increased from Rs 107.97 billion for the quarter ended June 30, 2011 to Rs 148.69 billion for the quarter ended June 30, 2012, representing increase of 37.71%. On quarter on quarter basis, it posted increase of 12.14% in the revenues.

The scrip has touched an intra-day high of Rs 1,285 and low of Rs 1,261.05. The total volume of shares traded at the BSE is 140,567.

In the earlier session, the shares fell 1.8%, or Rs 22.7, at Rs 1,236.10. Currently, the stock is trading down 2.3% from its 52-week high of Rs 1,294.80 and above 40.1% over the 52-week low of Rs 902.90.

Source : myiris.com

Nifty Tomorrow - Stocks to buy tomorrow

Share market India today traded with significant declines with IT being the biggest looser, in the morning bell it have been opened negative and overall scenario seemed negative too for whole day, all the sectoral indices traded in negative except the oil and gas. 

Share Market View and Outlook For Tomorrow -

Current share market trend is bearish and very weak and it seems that it will  remain the same and tomorrow market opening bell will also be weak, since all the indices were trading red today, it may be expected to trade in the same manner tomorrow also, as tomorrow is the last trading day of the week. Oil and Gas seems bit strong and they may trade Green in the nest trading session. so we would say liquidity and sentiment is driving the market. Our experts believe the market is waiting for positive cues, whether domestic or global.

Nifty Trend and Expert Recommendations -

Nifty shut today at : 5235 down 71 points, its being traded negative whole day and seems some chances to rise in tomorrow's trading session. For today's share market, The top Nifty gainers were JP Associates, ONGC, Hero MotoCorp and GAIL while the biggest losers included Infosys, Wipro, Bharti Airtel and IDFC.

Don't be surprise if  Nifty climbs to 5600 in the next month or so. However, we advise long-term investors against buying into the current market because of the lag in fundamentals. 

Market Outlook for Tomorrow - Share Market

Share market India today traded with significant declines with reality being the biggest looser, in the morning bell it have been opened negative and overall scenario seemed negative too for whole day, but then gained bit strength to give respectable close. 

Share Market View For Tomorrow -

Current share market trend is moderate and cant be said exactly where it will be heading tomorrow. Market today became very negative and traded in red whole day, all sectoral indices today traded negative, so we would say liquidity and sentiment is driving the market. Our experts believe the market is waiting for positive cues, whether domestic or global, tomorrow the market may open on a strong note also the opening bell may be positive and market may  move higher and test 5,360-5,370 levels. 

Nifty Trend and Expert Recommendations -

Nifty shut today at : 5306, its being traded negative whole day and seems some chances to rise in tomorrow's trading session. Don't be surprise if  Nifty climbs to 5600 in the next month or so. However, we advise long-term investors against buying into the current market because of the lag in fundamentals.

Nifty for Monday : Share Market Trading Strategy

It was a rangebound and volatile week for the Indian share market which traded in no particular direction though the bias. For the last trading day, top Nifty gainers were ICICI Bank, Mahindra & Mahindra and HUL while losers included Jindal Steel & Power, Sesa Goa and Maruti Suzuki. 

Share Market Trend For Next Week -

Indian Rupee is expected to consolidate further and head towards 55.70-56.00 per dollar next week, while bond yields are expected to hold in a range ahead of the factory output and inflation data due later in the week. The data may have a more muted impact given widespread expectations the RBI will keep interest rates on hold on July 31, though it could influence expectations for future decisions.

The 10-year benchmark bond is expected to hold in a 8.15 to 8.25 percent band next week with the focus also on domestic debt supplies. Traders said they do not expect open market operations, due to the sharp easing in banking system liquidity.

We will enter the earnings season next week -- with Infosys and TCS coming out with their earning numbers on Thursday. So, we expect market to behave well next week. 

For more details you can subscribe our tips by filling up the form.

Equity Tips - Intraday Positional Calls

Indian equity benchmark openes on a quite note, as this is tha last trading day of the week, Indian share market will remain cautious. Market is silent due to some Asian cues and Indian rupee depreciated further by 56 paise to 55.50 against the US dollar yesterday. For our traders today we are giving some sureshot tips, but remember that do not over trade and play with caution.

Hot Stocks To Watch Today -

DHANBANK, SINTEX, LOVABLE, IDFC, ICICI BANK, JP ASSOCIAT

Medium Range Stock Tips -

PANTALOONR, MCDOWELL-N, MMTC, STCINDIA, RENUKA, RCOM, PROVOGUE

Bank Nifty Futures Tips -

BANKNIFTY Future JULY 26

Buy-10667 Target-10720,10800,10950 Stop Loss-10630

Sell-10560 Target-10520,10380,10260 Stop Loss-10585

Intraday Cash Tips -

DHANBANK

Buy -62.60 Target-63.40,64.40,66.80 Stop Loss-61.80

Sell -59.80 Target-59,57.80,55 Stop Loss-60.40

Share Market Trend - Nifty Outlook- Stocks To Buy Tomorrow 6 July

Share market India today traded mixed, in the morning bell it have shown some negativity but then gained bit strength to give respectable close. As we warned earlier, So, investors today were cautious ahead of the European Central Bank’s meet. 

Share Market View For Tomorrow -

Current share market trend is up. Market has now become optimistic, so we would say liquidity and sentiment is driving the market. Our experts believe the market is waiting for positive cues, whether domestic or global, to move higher and test 5,360-5,370 levels. 

Nifty Trend and Expert Recommendations -

Don't be surprise if  Nifty climbs to 5600 in the next month or so. However, we advise long-term investors against buying into the current market because of the lag in fundamentals.

Intraday Calls- Nifty Future Option Tips

Good Morning readers, Indian share market today opened on a quite mode following the Asian cues. Global market is trading mixed in the morning session. Investor's Main eye will be on policy action from the European Central Bank. If we go towards Nifty then 5280 NF will act as support for bulls in the market and   on bounce 5340 NF is expected to be  first resistance. There are certain F&O cues listed below -

1. Total Nifty Futures add 7.4 lk shrs in Open Interest

2. Stock Futures add 2.33 cr shrs in Open Interest

Intraday Tips For Today :-

1. BUY RS SOFTWARE CMP 89 STOP 86 TARGET 94/98

2. BUY PRIME FOCUS CMP 54 STOP 51 TARGET 58/60

Intraday Trading Tips For Tomorrow : Nifty View

As we have predicted earlier, Indian share market today i.e. on 4th July traded rangebound. The NSE Nifty closed above the 5300 level for the first time since April 19, 2012 that rose 14.60 points to close at 5,302.55. Meanwhile, the BSE benchmark moved up 37.10 points to 17,462.81.

Share Market Trend Tomorrow :-

Indian share market will trade in a row ahead of the meetings of European Central Bank and Bank of England policy makers tomorrow. So keep an eye on global cues as well, as it can drive the direction of market. If we talk about Nifty then more than the global factors, the Nifty will be driven by local factors. From a broad market perspective, we think the range will be between 5,100 and 5,500. But we also believe that it's more stock specific. Within the same sector, there is huge divergence in terms of returns

Nifty Outlook : Support and Resistance Levels

Nifty is going to open around 5315 level.Due to having the closing above 5300 after April so nifty is expecting some good gains for tomorrow in the opening trading session.

Stocks To Buy Tomorrow - Nifty Outlook

Indian stock market today i.e. on July 3rd traded volatile but maintained to close in Green. Green closing supported by Real estate, metals and banks in today's trade. BSE Sensex closed at 17425, up 26 points, on the other hand NSE Nifty at 5287, up 9 points. 

Month of July is considered to be good for Indian share market as our experts believe that the market is now looking to cool its heels before the next leg up, and that 5300 will pose as a strong resistance in the days to come. short-term traders should look to re-enter the market only when the Nifty strongly takes out 5300.

Nifty Support and Resistance Levels For Tomorrow 4 July :-

Nifty Support Levels :- NSE Nifty will find support between 5270 to 5208.

Nifty Resistance Levels :- Resistance Level for nifty is marked near 5332 to 5394 


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