Indian Stock Market News

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

Indian ADRs ended higher on Thursday. In the banking space, ICICI Bank gained 0.58 percent at USD 8.69 and HDFC Bank added 0.75 percent at USD 74.36.

In the IT space, Infosys remained unchanged at USD 15.80 and Wipro was up 0.2 percent at USD 10.27.

In the other sectors, Tata Motors rose 0.08 percent at USD 35.80 and Dr Reddy’s Laboratories added 0.79 percent at USD 40.62.

 

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Indian rupee opens higher at 64.87 per dollar

The Indian rupee opened higher in the early trade on Thursday. Rupee has gained 3 paise at 64.87 per dollar versus 64.90 Wednesday.

We expect the USD-INR to trade in a range of 64.80-65.10/dollar for the day,

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The 30-share BSE Sensex was up 43.61 points at 29,562.35 and the 50-share NSE Nifty gained 16.45 points at 9,143.30. About 522 shares advanced against 212 declining shares on the BSE.

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OPENING BELL

SENSEX UP + 7.14 @ 29525.88

NIFTY FUTURE DOWN -3.00 @ 9165.00,

BANK NIFTY FUTURE DOWN -29.00 @ 21153.70

USD/INR –65.50.

ITC, L&T, Coal India, ONGC, Infosys, Bharti Infratel and HCL Technologies were early gainers while Dr Reddy’s Labs, Axis Bank, Bharti Airtel, M&M, GAIL, Idea Cellular and Hindalco were under pressure.

Stock Future Tips- Nifty holds 8400

Nifty holds 8400, Sensex opens flat; BHEL, Tata Motors gainers 

The market has opened flat but the Nifty has managed to hold 8400. The Sensex is down 26.43 points or 0.1 percent at 27231.21 and the Nifty is down 7.10 points or  at 8409.90. About 498 shares have advanced, 278 shares declined, and 154 shares are unchanged. 

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BHEL, Tata Motors, Dr Reddy’s, Adani Ports and Asian Paints are gainers while Axis Bank, GAIL, HUL, ITC, Sun Pharma, TCS are losers in the Sensex. 

The Indian rupee slipped in the early trade. It has opened lower by 12 paise at 68.20 per dollar versus 68.08 Wednesday. 

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ABOVE 741.00

Target1-744.00

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StopLoss-735.00.

Infosys Results Better than expected, Q3 net Profit of Rs 3708 crore

IT major Infosys sector were better than expected third quarter results. Infosys’ profit after tax rate quarter on quarter 3708 was Rs 3,606 crore, which is the last time. Equity Tips– Net profit was 2.8 per cent growth.

Constant currency sales growth for the company’s fiscal year 2016-17 to 8.8 per cent from 8.4 per cent is kept. However, Infosys revenue guidance for 2016-17 at 7.2 per cent 7.6 per cent (at the rate of December 31) is placed.

Revenue fell 0.2 percent

0.2 per cent to the company’s earnings in the third quarter stood at Rs 17,273 crore. 17 310 crore in the second quarter the company’s revenue. Also, the company’s revenue declined 2.9 percent to $ 251.1 million, is. While the company’s second quarter revenue of $ 258.7 million was $.

Infosys currency income for fiscal 2017 from 8.4 to 8.8 per cent from 8-9 per cent growth projected earnings growth estimates from 8.6 to 9 percent, while the dollar was reduced from 7.2 to 7.6 per cent.

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Stock Market has Opened on a Higher Note

Beginning of the third business day of the week on Wednesday, the domestic market was higher. Sensex gains 159 points in early trade, with crossed 27,000 level while the Nifty managed to surpass 8300 figures. Equity Tips– Currently, the Sensex gained 159 points and the Nifty was trading at 27059 points, up 55 points from 8343 levels.

BSE Midcap and Smallcap best shopping is seeing. 0.57 per cent to 0.64 per cent and BSE midcap Smallcap is trading with a gain of.

Thus, Sensex touched 27,000 mark, Nifty crosses 8300

Most strongly in the metal sector

Metal index in business today is witnessing the most strongly. Metal index Nifty is trading with a gain of 2.85 per cent. JSW Steel has the highest 6 per cent. Also Bhushan Steel 4.23 per cent and 3.50 per cent, saw the cell.

Banking stocks

Banking stocks continued to have good shopping. PSU Bank Nifty, Bank Nifty due to which 1.10 per cent and 1.22 per cent witnessed.

These stocks rise

CIL index in early trading, Loopin, ICICI Bank, Bharti Airtel, Adani Ports, ONGC remains bullish, Tata Steel 3.30 per cent in the most seen.

Bajaj Auto, Hero MotoCorp, TCS, Dr Reddy’s, Infosys and HCL tail from 0.7 to 0.1 per cent in early trade has weakened.

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Bank of Baroda offers home loan at 8.35 which is lower than SBI

Equity Tips

Bank of Baroda (BoB) in the country will be the cheapest loan. Bank loans have an interest rate of 0.7 percent, down 8.35 percent. The State Bank of India (SBI) is offering home loans at 8.50 percent. Yet it was to give the market the cheapest home loan bank.

Savings will be so 

BoB has cut its rate by 70 basic points. Hundred basis points is 1 percentage point. Loan of Rs 50 lakh from 70 bps cut will save Rs 2496 every month directly. 30-year loan will save nearly Rs 9 lakh.

Cybill score Well, then get the new rate on loans 

Bank official said Sibyl score is tied to home loans. To receive loans at the new rates will be permitted only to those who have been fantastic Sibyl. The customers who will score 760 or above will be offered home loans at 8.35 percent the same. Bank’s existing customers will be able to move to the new rates. For this they will not give any additional charge.

Reduced from 0.55 to 0 .75 percent Similar

BoB marginal cost of the landing rate (Similar) 55-75 basis points in cuts became effective from January 7. Bank 8.35 per cent a year is too Similar. While SBI’s existing Similar 8 percent.

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Share Market Tips: Nifty opens above 8250

Mahindra & Mahindra | DLF | SAIL | NHPC | Puravankara | MMTC | Claris Life | Jindal Steel | Electrosteel Steels | Time Technoplast | Ujjivan Financial | Banco Products | Monnet Ispat | Mindtree and Usher Agro are stocks, which are in the news today. Day to day share market tips

The market has opened firm as the Sensex is up 105.86 points at 26800.14. The Nifty is up 24.85 points at 8271.70. About 223 shares have higher, 41 shares turn down, and 9 shares are unmoved. 
free nifty future tips
Adani Ports, Hero MotoCorp, Bharti Airtel, Maruti Suzuki and Coal India are gainers while Dr Reddy’s Labs and Wipro are losers in the Sensex. 

The Indian rupee has opened lower by 14 paise at 67.49 per dollar on Friday versus past close 67.35. 

Nifty opens above 8250, Sensex rises; Adani, Hero, Maruti gain 

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OPENING BELL

SENSEX UP + 105.86 @ 26800.14,

NIFTY FUTURE UP + 19.50 @ 8275.15,

BANK NIFTY FUTURE UP + 33.45 @ 18592.00.

USD/INR – 67.49.