Blog for Stock tips, Equity tips, Commodity tips, Forex tips: Sharetipsinfo.com

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

Benchmark indices ended on positive note in the highly volatile session on November 23 with Nifty closing above 17500.

At Close, the Sensex was up 198.44 points or 0.34% at 58,664.33, and the Nifty was up 86.80 points or 0.50% at 17,503.30. About 2346 shares have advanced, 829 shares declined, and 153 shares are unchanged.

JSW Steel, Coal India, Power Grid Corp, NTPC and Tata Steel were among major gainers on the Nifty. Losers included IndusInd Bank,

Asian Paints, Infosys, Bajaj Auto and Wipro.

Except IT, all other sectoral indices ended in the green, with power, metal, realty, pharma, capital goods, oil & gas, PSU bank indices up 1-3 percent. BSE midcap and smallcap indices rose over 1 percent each.

--------------------------------------------------------------------------------------------

Topic :- Time:3.00 PM

Nifty spot close above 17460 level will result in some further upmove in coming session and if it closes below above mentioned level then some sluggish movement is likely to follow in the market. Avoid open positions for tomorrow.

--------------------------------------------------------------------------------------------

Topic :- Time:1.20 PM

Just In:

Paytms IPO flop may embitter millions of retail investors.

--------------------------------------------------------------------------------------------

Topic :- Time:1.00 PM

Nifty is in green now. Nifty spot if manages to trade and sustain above 17440 level then expect some quick upmove in the market and if it breaks and trade below 17400 level then some decline can follow in Nifty.

--------------------------------------------------------------------------------------------

Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 733.15.If it breaks and trade below 732 level then expect some decline in it and if it manages to trade and sustain above 734.20 level then some upmove can follow in it.

--------------------------------------------------------------------------------------------

Topic :- Time:12.20 PM

Just In:

NCLT to hear Dish TV-Yes Bank matter on December 22.

--------------------------------------------------------------------------------------------

Topic :- Time:12.00 PM

Nifty is showing good bounce back. Nifty spot if manages to trade and sustain above 17480 level then expect some further upmove in the market and if it breaks and trade below 17440 level then some decline can follow in the Nifty.

--------------------------------------------------------------------------------------------

Topic :- Time:11.30 AM

News Wrap Up:

1. Broader indices outperform; breadth favours buyers in 2:1 ratio

2. Startups may have to rethink IPO plan after Paytms market crash

3. Mukesh Ambani looks to Walton family plan on succession

4. Paytm bounces back, gains 7% after a 37% fall in two trading sessions

5. With Rs 7,000 cr stuck, over 20k PMC Bank depositors play waiting game

6. Vedanta up 8% as Moodys sees no impact on credit quality post biz spin-off

7. Singapores Broad Peak, partner to invest $300 mn in Indian stressed assets

8. Go Fashion IPO subscribed 135 times on closing day despite Paytm fiasco

9. Jesons Industries files draft IPO papers; aims to raise to raise Rs 900 cr

10. Latent View sees bumper debut, lists at 169% premium against issue price

--------------------------------------------------------------------------------------------

Topic :- Time:11.00 AM

After negative start nifty is slowly recovering now however its still trading in red zone. Nifty spot if manages to trade and sustain above 17420 level then expect some quick upmove and if it breaks and trade below 17380 level then some decline can be seen.

--------------------------------------------------------------------------------------------

Topic :- Nifty Opening Note

Indian Stock Market Trading View For 23 Nov, 2021:

Nifty to remain volatile with global cues acting as trend decider.

Nifty spot if manages to trade and sustain above 17480 level then expect some quick upmove and if it breaks and trade below 17380 level then some decline can follow in the Nifty. Please note this is just opening view and should not be considered as the view for the whole day.

--------------------------------------------------------------------------------------------

Click Here:- Get Best Share Market tips With High Accuracy

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

After India's economy contracted by a sharp 7 percent in 2020, Goldman Sachs pegged the economy to grow at 8 percent in 2021 and 9.1 percent in 2022.

It earlier estimated India's economic growth to 11.1 percent in fiscal year to March 31, 2022.

It expects consumption and investment to be the key drivers of growth in 2022.

"We expect consumption to be an important contributor to growth in 2022, as the economy fully re-opens driven by a notable improvement in the virus situation and adequate progress on vaccination," Goldman Sachs said in a report.

"We also expect government capital spending to continue, see nascent signs of a private corporate capex recovery, and a revival in housing investment," it added.

The brokerage also forecasts the headline CPI inflation to increase to 5.8 percent in 2022 from 5.2 percent in 2021, led by an increase in core inflation as manufacturers pass on input cost increases to consumers as demand recovers with full economic re-opening.

Santanu Sengupta, India economist, Goldman Sachs said," Given higher oil prices and the domestic demand recovery, the current account is going to open up and the deficit in our estimation is going to go up from 0.9 percent of GDP to 1.5 percent of GDP."

The brokerage also expects cumulative 75 basis points of repo rate hikes in 2022. 

"India did a lot in terms of  liquidity loosening, keeping the banking system liquidity in surplus throughout the Covid period, and it had cut reverse repo rate. So, what you're seeing now is the reversal of that liquidity loosening. So, the banking system liquidity will get tighter over time. And at some point of time, the policy corridor will be narrowed that that is the reverse reverse repo rate will be hiked," said Sengupta.

Click Here:- best share market tips on sharetipsinfo

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

The Union minister inaugurated work pertaining to health, education, urban infrastructure and disaster management — amounting to Rs 130.49 crore, an official spokesman said.