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

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

Topic :- Share Market Closing Note

Benchmark indices ended on a strong note with Nifty at 19,500 on July 6.

Biggest gainers on the Nifty included M&M, Apollo Hospitals, Power Grid Corporation, Reliance Industries and Tata Motors, while losers were Eicher Motors, HDFC Life Insurance, Maruti Suzuki, HCL Technologies and Bajaj Finance.

Among sectors, Power, Oil & Gas and Realty were up 2 percent each, while Auto and Healthcare added 1 percent each.

The BSE midcap index rose 0.8 percent and smallcap index added 0.7 percent.

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

Topic :- Time:3.10 PM

Just In:

Adani Green Energy to raise up to Rs 12,300 crore via QIP; shares rise 2%

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

Topic :- Time:3.00 PM

Nifty spot is trading at 19493. If it holds above 19450 on closing basis then expect some further upmove in coming sessions and close below above mentioned level will result in some sluggish movement. Avoid open positions for tomorrow.

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

Topic :- Time:2.50 PM

Just In:

Piramal Pharma shares gains nearly 4% after 60 lakh shares change hands in six large deals.

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

Topic :- Time:2.40 PM

SILVER Trading View:

SILVER is trading at 71450. If it manages to trade and sustain above 71500 level then expect some quick upmove in Silver and if it breaks and trade below 71280 level then some decline is possible in Silver.

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

Topic :- Time:2.25 PM

LME Inventory:

COPPER DECREASED BY 2025

ALUMINIUM DECREASED BY 1825

NICKEL DECREASED BY 96

ZINC DECREASED BY 1700

LEAD INCREASED BY 550 

TIN INCREASED BY 160

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

Topic :- Time:2.00 PM

Nifty is trading in a small range. Nifty spot if manages to trade and sustain above 19480 level then expect some upmove and if it breaks and trade below 19440 level then some decline can be seen.

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

Topic :- Time:1.15 PM

Just In:

Rice, a staple for 3 bn, wont be spared by the price spike devil

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

Topic :- Time:1.10 PM

Nifty is trading at 19465. If it manages to trade and sustain above 19480 level then expect some upmove in it and if it breaks and trade below 19440 level then some decline can be observed in the market.

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

Topic :- Time:12.50 PM

Just In:

TCS to get 25,000 employees trained in Microsofts Azure Open AI

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

Topic :- Time:12.30 PM

CRUDEOIL Trading View:

CRUDEOIL is trading at 5915. If it holds above 5900 level then expect some quick upmove in it towards 5950 level and if it breaks and trade below 5900 level then some decline can follow.

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

Topic :- Time:12.00 PM

Nifty is trading on stronger note. Nifty spot if manages to trade and sustain above 19480 level then expect some further upmove in the market and if it breaks and trade below 19420 level then some decline can follow in Nifty.

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

Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex jumps 150 points, Nifty tops 19,400

2. India cant rest on laurels for it has some external forces to fight

3. HDFC Bank special FD for senior citizens to end soon

4. Haier plans ₹1,000 crore expansion push

5. DCB Bank shares rally 8% as Tata AMC gets nod to raise stake in lender

6. Greenchef Appliances SME IPO lists at a premium of 20% on NSE SME

7. Essen Speciality SME IPO lists at a premium of 31% on NSE SME

8. Hindustan Zinc to consider interim dividend for FY24; share price rises over 3%

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

Topic :- Nifty Opening Note

Indian Stock Market Trading View For 06 July,2023:

Nifty is likely to turn volatile as the day progresses. Trade as per market trend.

Nifty spot if manages to trade and sustain above 19420 level then expect some upmove in the market and if it breaks and trade below 19360 level then some decline can be seen in the Nifty. Please note this is just opening view and should not be considered as the view for the whole day.

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

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

LTI Mindtree share price gained over 1% and touched a new 52-week high on Wednesday's trading session after the technology major replaced housing finance giant, Housing Development Finance Corporation Ltd (HDFC) on the Nifty 50 index on Tuesday. LTI Mindtree shares opened at ₹5,373.05 apiece on BSE. The stock hit a intraday high of ₹5,425 and low of ₹5,225.

With effect from July 13, the Index Maintenance Sub-Committee (Equity) of NSE Indices has decided to eliminate HDFC as a result of the merger and include LTI Mindtree in the Nifty 50.

"The Index Maintenance Sub-Committee (Equity) of NSE Indices Limited has decided to make replacement of stock in various indices as listed hereunder on account of scheme of amalgamation of Housing Development Finance Corporation (HDFC) with HDFC Bank. These changes shall become effective from July 13, 2023 (close of July 12, 2023)," NSE said in a notification on Tuesday.

Thus, LTI Mindtree would replace HDFC as the key benchmark of the NSE's Nifty 50, which includes 50 large-cap stocks, as of July 13, 2023. Also, the Nifty50 Equal Weight Index would fall under this. HDFC has been replaced by LTI Mindtree in the Nifty Services Sector as well.

On the technical front, as per trendlyne data, the stock price rose 33.5% and outperformed its sector by 23.3% in the past year. So far in 2023, the stock has gained 22%.

“Post the announcement of inclusion in Nifty 50 basket, the prices witnessed a strong gap up opening, however as this news was already discounted, we are seeing profit booking from higher levels, overall trend remains positive and going ahead any further dip would be a buying opportunity, 5,100 is support whereas in the near term prices have potential to move towards 5,800," said Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One.

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

Options trading can offer a number of benefits to investors, including:

·         Limited downside risk: When you buy an option, your maximum loss is limited to the premium you pay for the option. This is in contrast to buying the underlying asset, where your losses can be unlimited if the price of the asset falls.

·         Smaller commitment: Options contracts allow you to control a much larger amount of an underlying asset than you could if you bought the asset outright. This is because options contracts are typically priced in terms of cents or dollars per share, while the underlying asset may be priced in terms of hundreds or thousands of dollars per share.

·         Flexibility: Options contracts can be used to create a wide variety of trading strategies, from simple bets on the direction of the market to more complex hedging strategies. This flexibility can be a major advantage for investors who are looking to manage risk or take advantage of specific market conditions.

·         Potential for high returns: The potential for high returns is one of the most attractive benefits of options trading. If you are able to correctly predict the direction of the market, you can potentially make a much larger profit with options than you could with other types of investments.

However, it is important to note that options trading also carries a number of risks. For example, if you sell an option, your losses can be unlimited if the price of the underlying asset moves against you. Additionally, options contracts are subject to time decay, which means that their value will decrease over time as they approach expiration.

Overall, options trading can be a powerful tool for investors who are willing to take on some risk in exchange for the potential for high returns. However, it is important to understand the risks involved before you start trading options.

Here are some additional benefits of options trading:

·         Options can be used to hedge against risk: If you are concerned about the price of an underlying asset falling, you can buy a put option to give you the right to sell the asset at a specified price. This can help to protect your portfolio from losses if the price of the asset does fall.

·         Options can be used to speculate on market movements: If you believe that the price of an underlying asset is going to rise, you can buy a call option to give you the right to buy the asset at a specified price. This can allow you to profit from the rise in the price of the asset.

·         Options can be used to create complex trading strategies: Options can be combined with other options or with other types of investments to create complex trading strategies. This can allow you to fine-tune your risk exposure and maximize your potential returns.

If you are interested in learning more about options trading, there are a number of resources available online and in libraries. You can also find a number of options trading courses and tutorials offered by investment firms and online trading platforms.

It is important to remember that options trading is a complex and risky investment strategy. Before you start trading options, you should make sure that you have a good understanding of the risks involved and that you are comfortable with the level of risk that you are taking on.