http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns
Topic :- Share Market Closing Note
Equity benchmark indices ended the session on a weak note, with the Nifty ending just above 9900-mark.
The Sensex was down 147.58 points at 31661.97, while the Nifty was down 36.00 points at 9916.20. The market breadth was narrow as 1328 shares advanced against a decline of 1242 shares, while 148 shares were unchanged.
Midcaps ended the session on a flat note, while all sectoral indices except metals and energy were in the red.
Kotak Bank, Reliance, Hindalco and Indiabulls Housing gained the most on both indices, while Sun Pharma, ITC and Bosch were the top losers.
--------------------------------------------------------------------------------------------
Topic :- Time:3.05 PM
Nifty is trading flat mainly. Nifty spot if closes above 9880 level then pull back is expected in the market which can take Nifty to once again past 10,000 market. and close below 9880 level will result in some decline.
--------------------------------------------------------------------------------------------
Topic :- Time:2.45 PM
SILVER Trading View:
SILVER is trading at 41541.If it breaks and trade below 41500 level then expect some fall in it and if it manages to trade and sustain above 41575 level then some upmove can be seen in it.
--------------------------------------------------------------------------------------------
Topic :- Time:2.00 PM
Nifty is stucked in a small range. Nifty spot if manages to trade and sustain above 9940 level only then upmove can be seen and below 9900 level some softness can be seen in the market.
--------------------------------------------------------------------------------------------
Topic :- Time:1.40 PM
COPPER TRADING VIEW:
COPPER is trading at 447.65. If it manages to trade and sustain above 448.20 level then expect some upmove and if it breaks and trade below 446.80 level then some profit booking can follow in it.
--------------------------------------------------------------------------------------------
Topic :- Time:12.15 PM
Bitcoin is a bubble, says Nobel winning economist who predicted US housing crisis:
Some fifteen years ago, Nobel Prize winning economist Robert Shiller had famously spotted the first housing bubble of the 21st century in the US. Shiller also went on to write a best-selling book Irrational Exuberance on market manias around the world.
He has spoken again, and this time he has termed the frenzy around bitcoin as the bubble.
In an interview given to The Quartz, trying to simplify the bubbles, the Yale professor said it is all about inventing a right story and promulgating it.
When asked to name the best example of a bubble happening right now, without hesitation, he said, The best example right now is bitcoin. And I think that has to do with the motivating quality of the bitcoin story. And Ive seen it in my students at Yale. You start talking about bitcoin and theyre excited! And I think, whats so exciting? You have to think like humanities people. What is this bitcoin story?
At the end of August, bitcoin was priced at USD 4600, after rallying over 60 percent in a month. It has increased over 700 percent over the year.
According to Shiller, the bitcoin bubble is a result of a fundamental deep angst of our digitisation and computers. People are anxious and unsure of their future. Somehow, the bitcoin story is providing a sense of empowerment.
It starts with Satoshi Nakamoto—remember him? The mysterious figure who may or may not be real. Hes never been found. That has a nice mystery quality to it. And then he has this clever idea about encryption and blockchain and public ledgers, and somehow the idea is so powerful that governments cant even stop it. You cant regulate this. It kind of fits in with the angst of this time in history, he adds.
He, however, refrained from terming it as the biggest bubble. Though, he compared the frenzy with the story of Donald Trump. The way US president has understood the nerve of people and presented himself is commendable. Its just amazing how he dominates and I think he has a genius at recognising stories and listening to his audience and understanding what drives them, he said.
--------------------------------------------------------------------------------------------
Topic :- Time:12.00 PM
Nifty spot is trading in a range. Nifty spot if manages to trade and sustain above 9920 level then expect some upmove in it and if it breaks and trade below 9900 level then some decline can be seen in the market.
--------------------------------------------------------------------------------------------
Topic :- Time:11.30 AM
Economic Times
Business Standard
Ø 2.09 lakh companies deregistered; directors face action:Govt
Ø PMO asks I-T dept to crack down on black money in banks
Ø Better to under-promise and over-achieve: Rajan
Ø Phone makers get 7 days to answer data security call
Ø HDFC Mutual Fund buys 4.6% stake in Just Dial
Ø McDonals to close down 169 stores in India; more than 7,000 to lose jobs
Ø Sebi panel suggests splitting of CMD roles at listed cos
Ø IDFs fail to grow despite regulatory reform: ICRA
Ø Sebi panel mulls splitting CMD roles at India Inc
Ø UP to clock record sugar output of 9.7 mn tonnes in upcoming season: Icra
Ø Debt MFs cut exposure to debentures issued by PSUs
Ø ICICI Lombard gets Sebis approval for Rs 6,000 crore IPO
Ø NCLT issues showcause notice to McDonalds
Business Line
Mint
Ø Maruti will not hold back in electric vehicle segment: Bhargava
Ø Restore NCLT action against Jaypee: IDBI to Supreme Court
Ø Rail Vikas Nigam to flag off stake sale in five PSUs
Ø HCL to acquire data automation platform Dataware
Ø Govt to dig ponds in drought prone areas, use soil for NHs
Ø Reliance General Insurance gets IRDAI nod for IPO
Ø India to offer investment sops to RCEP nations
Ø GDR manipulation: Sebi bars 19 companies from securities markets
Ø NSE sends suspension notice to OPG Securities on unfair access issue
Ø Undersea Iran-India gas pipeline can bring cheaper LNG to India
Financial Express
Financial Chronicle
Ø Self-seal export cargoes without Customs monitoring from October 1
Ø Higher tax mop-up has 12 states in Rs 4000 crore fiscal surplus in Q1
Ø FPIs lap up investment limits in govt securities
Ø US factory orders post biggest drop in nearly three years
Ø Rajan puts Modi govt in dock; says he disfavoured DeMo
Ø North Korean crisis pushes gold prices to 12-month high
Ø Industry wants another extension for filing returns as GST portal found wanting
Ø Patanjalis Divya Jal to take on Bisleri, Aquafina
--------------------------------------------------------------------------------------------
Topic :- Time:11.00 AM
After negative opening nifty is still trading in negative zone. Nifty spot if breaks and trade below 9880 level then expect some profit booking and if it manages to trade and sustain above 9920 level then some pull back can be seen in the market.
--------------------------------------------------------------------------------------------
Topic :- Nifty Opening Note
Indian Stock Market Trading View For 06 Sept,2017:
Nifty is likely to trade volatile and is expected to follow global cues.
Nifty spot if manages to trade and sustain above 9980 level then expect some upmove and if it breaks and trade below 9900 level then some profit booking can be seen in the market. Please note this is just opening view and should not be considered as the view for the whole day.