http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns
Share Market Closing Note
Stock market highlights: Benchmark indices settled near the days high on Friday as investors lapped up metal and IT shares, along with index heavyweights like Reliance Industries, HDFC twins, Sun Pharma, and Bajaj Finance.
The S&P BSE Sensex soared 712 points, or 1.25 per cent, to end at 57,570, while the Nifty50 shut shop at 17,158, up 229 points or 1.35 per cent. In the broader market, the BSE MidCap and SmallCap indices, too, added over 1 per cent each.
Sectorally, the Nifty Metal index climbed 4 per cent, followed by the Nifty IT index (2 per cent). Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent.
-------------------------------------------------------------------------------------------
Topic :- Time:3.15 PM
Nifty spot close above 17140 level will result in some further upmove in coming sessions and if it closes below above mentioned level then some sluggish movement will follow.
--------------------------------------------------------------------------------------------
Topic :- Time:2.45 PM
Just In:
New fund offer (NFO) review: Quant Large Cap Fund NFO will be open for subscription until August 3. investments.
--------------------------------------------------------------------------------------------
Topic :- Time:2.20 PM
Just In:
Ashok Leyland Q1 result |Profit at Rs 68 crore, revenue up 145%.
--------------------------------------------------------------------------------------------
Topic :- Time:2.10 PM
Nifty is highly rangebound. Nifty spot if manages to trade and sustain above 17100 level then expect some upmove in it and if it breaks and trade below 17060 level then some decline can follow in Nifty.
--------------------------------------------------------------------------------------------
Topic :- Time:1.30 PM
ZINC Trading View:
ZINC is trading at 290.60.If it breaks and trade below 290.30 level then expect some decline in it and if it manages to trade and sustain above 291.00 level then some upmove can follow in it.
--------------------------------------------------------------------------------------------
Topic :- Time:1.15 PM
Just In:
Textile exporters reach out to big Australian companies.
--------------------------------------------------------------------------------------------
Topic :- Time:1.00 PM
Nifty is highly rangebound. Nifty spot if manages to trade and sustain above 17120 level then expect some upmove in it and if it breaks and trade below 17080 level then some decline can be seen in the market.
--------------------------------------------------------------------------------------------
Topic :- Time:12.30 PM
GOLD Trading View:
GOLD is trading at 51640.If it manages to hold above 51550 level then expect some quick upmove in it and it is likely to test 51850 level soon. Buy on decline till it holds above 51550 level. Once it breaks and trade below 51550 level then some decline can follow in it.
--------------------------------------------------------------------------------------------
Topic :- Time:12.10 PM
Nifty spot if manages to trade and sustain above 17120 level then expect some quick upmove in the market and if it breaks and trade below 17080 level then some decline can be seen in the Nifty.
--------------------------------------------------------------------------------------------
Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex up 500 pts; Tata Steel surges 7%, Dr Reddys sheds 4%
2. PM Modi to launch Indias first international bullion exchange in Gujarat
3. First global gold exchange in India aims to create regional bullion hub
4. Rupee gains vs dollar as weak US GDP data softens Fed rate hike view
5. Irdai may offer more flexibility to insurers in corporate agency tie-ups
6. ReNew to invest $8 billion to set up green hydrogen plant in Egypt
7. SBI Life Insurance rallies 9.5%, hits new 52-week high on strong Q1 results
8. Ashok Leyland soars to a 4-year high, up 6% ahead of June quarter results
9. TVS Motor surges 10%, hits all-time high post strong June quarter results
10. Centre likely to allow 1.2 MT additional sugar exports this season
--------------------------------------------------------------------------------------------
Topic :- Time:11.00 AM
After gap up opening nifty is trading little volatile now in a range. Nifty spot if manages to trade and sustain above 17080 level then expect some upmove in the market and if it breaks and trade below 17020 level then some decline can follow in it.
--------------------------------------------------------------------------------------------
Topic :- Results on July 29 and July 30
HDFC, NTPC, Sun Pharma, Cipla, Indian Oil Corporation, Ashok Leyland, DLF, Emami, Exide Industries, Nazara Technologies, Piramal Enterprises, CARE Ratings, CarTrade Tech, Cholamandalam Investment, CreditAccess Grameen, Deepak Fertilisers, Easy Trip Planners, 3i Infotech, Great Eastern Shipping, GMR Infrastructure, Godrej Agrovet, Heritage Foods, JK Paper, Mahindra Logistics, Metro Brands, Rain Industries, Route Mobile, Strides Pharma Science, Star Health and Allied Insurance Company, Torrent Pharmaceuticals, VST Industries, and Zydus Wellness will be in focus ahead of June quarter earnings on July 29.
--------------------------------------------------------------------------------------------
Topic :- Nifty Opening Note
Indian Stock Market Trading View For 29 July2022:
USA is officially into recession state now. However it is already discounted. Stock specific action expected in the market. Result figures to be monitored.
Nifty future if manages to trade and sustain above 16960 level then expect some upmove in the market and if it breaks and trade below 16880 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.
--------------------------------------------------------------------------------------------