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Topic :- Share Market Closing Note
Indian benchmark indices ended lower in the highly volatile session on September 29 ahead of Reserve Bank of India policy announcement..
At Close, Sensex was down 188.32 points or 0.33% at 56,409.96, and the Nifty was down 40.50 points or 0.24% at 16,818.10. About 1775 shares have advanced, 1435 shares declined, and 102 shares are unchanged.
Asian Paints, Tech Mahindra, Hero MotoCorp, Bajaj Auto and Titan Company were among the top losers on the Nifty. However, gainers included ONGC, ITC, Apollo Hospitals, Hindalco Industries and HDFC Life.
On the sectoral front, power index down 1.3 percent, while FMCG, metal and pharma indices up 1 percent each.
BSE Midcap and Smallcap indices up 0.3-0.6 percent each.
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Topic :- Time:3.00 PM
Nifty is in no man land. Avoid open positions for tomorrow. Nifty spot close above 16840 level will result in some pull back else as per global cues we can witness more fall in coming sessions.
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Topic :- Time:2.40 PM
NATURALGAS Trading View:
NG is trading at 579.80.If it manages to trade and sustain above 580 level then expect some further upmove and if it breaks and trade below 578.80 level then some decline can be seen.
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Topic :- Time:2.00 PM
Nifty is highly volatile right now. Nifty spot if manages to trade and sustain above 16820 level then expect some upmove in the market and if it breaks and trade below 16780 level then some decline can follow in the Nifty.
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Topic :- Time:1.30 PM
GOLD Trading View:
GOLD is trading at 49958.If it manages to trade and sustain above 50050 level then expect some upmove in the market and if it breaks and trade below 49900 level then some decline can be seen in it.
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Topic :- Time:1.00 PM
Nifty spot is trading at 16825.If it manages to trade and sustain above 16840 level then expect some upmove in the market and if it breaks and trade below 16800 level then some decline can follow in the market. Nifty is currently trading around its support zone.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 637.20.If it breaks and trade below 636.80 level then expect some decline in it and if it manages to trade and sustain above 638.20 level then some upmove can follow. However for now trend is sell from rise in metals.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex off days high, up 200 points; Nifty50 tests 17,000
2. India eyes $550 million incentives to woo companies like Apple, Dell
3. Indias CAD may have breached 3% of GDP in Q1 on surge in imports
4. RBI to hike repo rate by 50 bps for 3rd time in a row as rupee slumps
5. TotalEnergies may trim stake in Adani Green to cash in on valuation jump
6. Sebi to allow confidential pre-filing of IPO documents in Sept 30 meet
7. Nykaa soars 6% as companys board to consider maiden bonus issue on Oct 3
8. Go Fashion hits record high on healthy outlook; up 100% against issue price
9. Lupin dips 3% as US FDA issues warning letter for Tarapur facility
10. India reaches out to US, Iraq for LNG after Gazprom reduces supply
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Topic :- Time:11.00 AM
After gap up opening nifty is still trading in green zone. Nifty spot if manages to trade and sustain above 16960 level then expect some further upmove and if it breaks and trade below 16900 level then some decline can follow in the market.
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Topic :- Stocks under F&O ban on NSE
1. Vodafone Idea
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Topic :- Stocks in News
Gensol Engineering: The company said the board has approved the preferential allotment of 12,81,993 equity shares at an issue price of Rs 1,036.25 per share. With this, it has raised Rs 132.84 crore via preferential issue.
Blue Dart Express: The company has announced average shipment price increase of 9.6 percent for 2023 as compared to 2022. The general price increase will be effective from January 1, 2023.
Supriya Lifescience: The company has received Certification of Suitability (CEP) for Diphenhydramine hydrochloride, API in anti-histamine therapy, from European Directorate for the Quality of Medicines and HealthCare (EDQM). This will be an added advantage for Supriya Lifescience in the European market. Global demand for Diphenhydramine Hydrochloride is 1850 tons, of which major demand is in the regulated markets.
S H Kelkar and Company: Subsidiary Keva Europe BV has acquired 19 percent equity stake in Netherlands-based Provier Beheer BV, the holding company of Holland Aromatics BV. With this, Keva Europe BV now holds 81 percent and the balance will be acquired in a span of two years. In addition, Creative Flavours & Fragrances SpA, Italy (CFF), a material subsidiary, acquired balance 30 percent of stake in Nova Fragrance Srl, Italy (Nova) thus making Nova, a wholly-owned subsidiary of CFF.
Essar Shipping: The company said the Board of Directors approved the appointment of Vipin Jain as Chief Financial Officer of the company. The appointment will be effective from October 1, 2022. Ranjit Singh has decided to step down from the post of Chief Executive Officer due to personal occupancy.
ITI: ITI has received Rs 80 crore against allotment of shares to the Government of India. The Board of Directors has approved allotment of 77,33,204 equity shares at Rs 103.45 per share to the President of India.
Genesys International: The company announced collaboration with Bentley Systems to provide 3D mapping capabilities for major cities across India. Bentley Systems is an infrastructure engineering software company.
Anupam Rasayan India: The company has opened its qualified institutional placement issue on September 28 after the approval of preliminary placement document. The floor price has been fixed at Rs 762.88 per share. It may offer a discount of up to 5 percent on the floor price.
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Topic :- Nifty Opening Note
Indian Stock Market Trading View For 29 Septmber 2022:
F&O Expiry today. Expect market to remain volatile throughout the day.
Nifty spot if manages to trade and sustain above 16880 level then expect some further upmove in the market and if it breaks and trade below 16780 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.
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