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Share Market Closing Note
Sensex, Nifty Close The Week Lower After Posting Record Highs:
Indias benchmark stock indices declined through Friday to close the week and the day on a lower note. While metals and consumer durables declined the most, majority of the sectoral indices were trading lower, except pharma and private banks which were marginally higher. Adani Enterprises Ltd. dragged the indices, whereas HDFC twins and Bharti Airtel Ltd. led the positive change. The headline indi
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Topic :- Time:3.05 PM
Just In:
PKH Ventures Ltd initial public offering will open for subscription on June 30 and close on July 4.
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Topic :- Time:3.00 PM
Nifty spot if holds above 18640 level on closing basis then expect some upmove in coming sessions and if it closes below above mentioned level then some further sluggish movement can be seen. Avoid overnight open positions for Monday.
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Topic :- Time:2.55 PM
Just In:
1. Reliance Jio in talks to raise about $1.6 billion for equipment.
2. Tycoon Mistrys firm set to sell Indias biggest low-rated bond
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Topic :- Time:2.50 PM
Just In:
Shilpa Medicare approves Rs 325 crore rights issue, amalgamation of subsidiary with itself
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Topic :- Time:2.30 PM
GOLD Trading View:
GOLD is trading at 58290. If it holds above 58180 level then expect it to test 58500 level and if it breaks and trade below 58180 level then some decline can be seen in it.
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Topic :- Time:2.00 PM
Nifty is highly rangebound with negative bias. Nifty spot if breaks and trade below 18680 level then expect some decline in it and if it manages to trade and sustain above 18720 level then some upmove can follow in it.
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Topic :- Time:1.30 PM
LME INVENTORY:
COPPER DECREASED BY 1100
ALUMINIUM DECREASED BY 5400
NICKEL DECREASED BY 216
ZINC DECREASED BY 50
LEAD UNCHANGED
TIN INCREASED BY 165
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Topic :- Time:1.00 PM
Nifty is trading volatile now. Nifty spot if manages to trade and sustain above 18740-18750 levels then expect some upmove in the market and if it breaks and trade below 18680 level then some further decline can happen in the market.
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Topic :- Time:12.45 PM
Just In:
Pakistans one of the Richest man and his Son were declared dead along with other passengers of Submarine Ocean Gate Titanic. In total there were 5 passengers. History repeated Titanic.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 725.20. If it breaks and trade below 724 level then expect some decline in it and if it manages to trade and sustain above 726.20 level then some upmove can follow in Copper.
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Topic :- Time:12.00 PM
Nifty spot is trading at 18721. If it breaks and trade below 18700 level then expect some decline in the market and if it manages to trade and sustain above 18740 level then some upmove can follow in the Nifty.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex off low, down 150 pts; Nifty tests 18,700
2. Adani may have US thorn on recovery road from Hindenburg saga
3. Adani stks drop up to 10% on regulatory probe in US
4. Bupa looks to raise stake in health JV
5. Bribes-for-jobs scandal rocks TCS, four sacked for corruption
6. Bizotic Commercial SME IPO lists at a premium but fail to sustain gains
7. Rupee opens 12 paise lower at 82.07 against the US dollar
8. Modi-Biden meeting takes India-US relations to a new high
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