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Share Market Closing Note
Sensex rises over 300 pts, Nifty ends above 17,850; IT, pharma, metals top gainers
Market Live Updates: Among the sectors, buying was seen in IT, metals and financial stocks while selling was seen in realty and auto stocks
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Topic :- Time:3.00 PM
Nifty spot if hold above 17860 level on closing basis then expect some further upmove in the market in coming sessions and close below above mentioned level will result in some sluggish movement. Avoid open short positions for tomorrow.
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Topic :- Time:2.55 PM
LME INVENTORY:
COPPER DECREASED BY 1375
ALUMINIUM INCREASED BY 105550
NICKEL DECREASED BY 528
ZINC INCREASED 3825
LEAD UNCHANGED
TIN DECREASED 15
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Topic :- Time:2.30 PM
SILVER Trading View:
SILVER is trading at 67830.If it manages to trade and sustain above 67900 level then expect some upmove in Silver and if it breaks and trade below 67760 level then some decline can follow in it.
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Topic :- Time:2.00 PM
Nifty is consolidating now. Nifty spot is trading at 17870. Once it cross and sustain above 17880 level then expect some quick upmove in the market and if it breaks and trade below 17840 level then some decline can be seen.
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Topic :- Time:1.50 PM
Just In:
$100-million opportunity: India, the largest producer of millets, exports only 1% of the output.
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Topic :- Time:1.50 PM
Just In:
$100-million opportunity: India, the largest producer of millets, exports only 1% of the output.
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Topic :- Time:1.15 PM
There is no movement in the market right now. Nifty spot if manages to trade and sustain above 17880 level then expect some upmove in the Nifty and if it breaks and trade below 17840 level then some decline can follow in the market.
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Topic :- Time:12.55 PM
Just In:
Paytm merchant payments volume rise by 44% YoY in Jan, no. of loans up by 103%.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 775.50. If it manages to trade and sustain above 776.20 level then expect some upmove in it and if it breaks and trade below 774.50 level then some decline can follow in it.
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Topic :- Time:12.15 PM
Just In:
Muthoot Finances Rs 500-crore NCD issue opens.
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Topic :- Time:12.00 PM
The RBI on Wednesday hiked repo rate, the rate at which it lends short-term funds to banks, by 25 bps.
Nifty spot if manages to trade and sustain above 17900 level then expect some quick upmove in the market and if it breaks and trade below 17840 level then some decline can follow in the market.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex up 400pts; Paytm, Zomato zoom up to 6%, IT, metals firm
2. RBI Monetary Policy: Repo rate hiked by 25 bps, GDP forecast now at 7%
3. Turmoil in Adanis empire prompts Nomura, SMFG to disclose fund exposures
4. Vivad se Vishwas-II: Govt aims to settle 500 cases involving about Rs 1 trn
5. Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake
6. Indian startups fired 6,000 employees in Q3, says report
7. Polaris Smart Metering raises $100 mn in funding from I Squared Capital
8. Sebi to put onus of detecting price rigging, insider trading on brokers
9. Cement shares rally on hopes of GST cut; UltraTech, Ambuja gain 3%
10. Demat additions in Jan hit six-month high to take total past 110 mn