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As long as the index sustains above 10,756 kinds of levels traders need not get unduly perturbed, suggest experts. It was a terrible Thursday! Nifty closed August series with a loss of 2.7%.  Nifty Future rollover stood at 55 percent for September series compared to 73% seen in the August series. The index broke below crucial support placed at 11,200, 11000 levels. Selling pressure extended in the last one hour of the stock trading session which pushed the index below 10,950. The final tally on D-Street – the S&P BSE Sensex fell 383 points to 37,068 while the Nifty50 closed 97 points lower at 10,948. What is causing the panic? Expiry led volatility and risk-averse sentiment of investors across the globe pushed the Nifty below 11,000 level. Volatility in the currency market is also one factor which is keeping investors at bay for now. The major casualty of August series is Metals and Financials. The Nifty Bank under-performs major indices this series, down 6...

Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.1 percent loss or 10.5 points. The volatile market ended lower for the second consecutive session amid the expiry of futures and options contracts on August 29, which was dragged by banking and financial services and auto stocks. The BSE Sen-sex was down 382.91 points at 37,068.93, while the Nifty fell below its psychological 11,000 levels down 97.80 points at 10,948.30 and formed a bearish candle on daily charts. Volatility was remained high today, especially in F&O counters, due to unwinding and rollover of the positions, while the broader indices remained under pressure with the Nifty Mid-cap index losing 0.4 percent and Small-cap index shedding 0.9 percent. The market closed in the red for the third consecutive series, with the Nifty losing 2.7 percent in August series amid consistent FII outflows, slowdown worries and fears of a global recession. According to the p...

Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.32 percent loss or 35 points. Nifty futures were trading around 11,013-level on the Singaporean Exchange. The Nifty50 is expected to open lower on Thursday following Asian markets which were trading lower as global bond yields flirted with record low levels. Sharp falls in U.S. Treasury yields also meant equities might be attractive for some investors even though traders in stocks globally have bailed out in droves in the past several months due to recession worries, said a Reuters report. Overnight, US markets closed higher. The Dow Jones Industrial Average rose 258.2 points to 26,036.1, the S&P 500 gained 18.78 points to 2,887.94 and the Nasdaq Composite added 29.94 points to 7,856.88. Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.32 percent loss or 35 points. Nifty futures were trading around 11,013-level on the Singaporean E...

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with 0.05 percent loss or 6 points.  Nifty futures  were trading around 11,116-level on the Singaporean Exchange . The Nifty50 is expected to open flat on Wednesday tracking Asian markets which were trading mixed. Selloff seen in the US markets overnight largely on account of growing fears of a slowdown weighed on sentiment. A deepening of the inversion in the yield curve between the 2-year and 10-year U.S. Treasuries underscored worries about a weakening global economy, said a Reuters report. Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with 0.05 percent loss or 6 points. Nifty futures were trading around 11,116-level on the Singaporean Exchange. The S&P BSE Sensex rose 147 points to 37,641 while the Nifty50 closed with gains of 47 points at 11,105 on Tuesday. The rupee on August 27 spurted by 54 paise, its bigg...

In January, Infosys had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore at a price not exceeding Rs 800 per equity share. IT major Infosys has bought back 11.05 crore of its shares under its Rs 8,260-crore buyback offer that began in March this year. "...The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share; and deployed an amount of Rs 82,59,99,99,430.03 deploying 99.999999 percent of the maximum buyback size (excluding transaction costs)...till August 26," Infosys said in a regulatory filing on late Monday night. Consequently, the buyback committee has approved the closure of the buyback with effect from August 26, 2019, prior to the expiry of six months from the commencement date, it added.  In January, Infosys had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a pri...

Such are the times where conventional wisdom says that we should now start nibbling in the beaten-down names. More often than not, we eye good stock which is well-capitalized, big-sized, and most probably an index constituent Bargain hunting has always been attracting all of us, but if we apply that in the equity markets, it leads to disastrous outcomes at times. Market set-ups, like the one which we are in right now, often show a price which is over-pessimistic. Such are the times where conventional wisdom says that we should now start nibbling in the beaten-down names. More often than not, we eye good stock which is well-capitalized, big-sized, and most probably an index constituent.  The million-dollar question here is though who decides “how much is too much?” Meaning, even at the lowest prices of the year one still has to account for a potential of even deeper cuts.  This argument now brings us to the options arena. We will deal with this possibility of dow...

Many technology companies export their services and earn money in dollar terms, hence any fall in rupee against greenback is always favuorable to these companies. The rupee tailwind has helped technology stocks outperform benchmark indices not only on August 23 but also on a year-to-date basis. The Nifty IT index gained more than 1 percent during Friday's trade, 8.66 percent YTD and 2.4 percent in last one year against flat trade 1 percent loss and 7 percent correction in one year for the Nifty50, respectively. Tata Elxsi, Mindtree, TCS, Tech Mahindra, Wipro, HCL Technologies, NIIT Technologies and Infosys gained 0.7-2.8 percent. Moreover, Infosys touched a fresh record high of Rs 809.95. Many technology companies export their services and earn money in dollar terms, hence any fall in rupee against the greenback is always favourable to these companies. The Indian rupee fell 23 paise intraday to 72.04 a dollar, the lowest level since November 14, 2018, following the consisten...

Central banks are cutting rates dramatically to spur growth, but the move is not without its side effects. Last week, a little known Danish bank, Jyske Bank, made news around the world by introducing 10-year home loans at a negative interest rate of 0.5 percent. How does that work? What led to this situation? To know that and more, continue reading: What’s a negative interest rate? One of the hallowed tenets of finance is that borrowers pay interest to lenders. A negative interest rate means that the lender is paying money to the borrower. Or look at it another way, a bank pays you interest on deposits in the normal course of affairs. But in a negative interest rate regime, instead of receiving interest, you are paying the bank to keep your money with it. Is Denmark alone in having negative interest rates? No, the world over, around $17 trillion of debt around the world have negative yields (or interest rates). In many countries across Europe and Japan, negative interest rat...

There are numerous day traders who dabble the market with the hope of making money by trying to cash in on the market’s unpredictable Behavior. Rahul Jain:-    Day trading refers to a form of share trading where you buy or sell stocks within the same trading day. The motive behind this is to gain from small price fluctuations throughout the day. Since the settlement is done on the same day, this form of trading takes away the luxury of time where you could hold on to your stock(s) in case of a price fall, hoping it to bounce back in the coming sessions. There are numerous day traders who dabble in the market with the hope of making money by trying to cash in on the market’s unpredictable behavior Create a trading strategy:- For the exercise to be rewarding, you must create a trading strategy. Basically, there are two distinct types of trading approaches – discretionary and systematic. The former entails making decisions based on the current factors such as interna...

Nifty around 10,950, Sensex down 200 pts; Tata Motors, Yes Bank top losers Among sectors, except IT and auto other indices are trading lower led by the metal, infra, FMCG and energy. Gold Update: Gold prices retreated below the key USD 1,500 level on Wednesday as traders booked profits and focus turned to the minutes of the US Federal Reserve's July meeting for clues on future interest rate cuts. Crude Update : Brent crude oil futures rose above USD 60 a barrel on Wednesday after industry data showed a larger-than-expected drop in US crude inventories, but ongoing worries about a possible global recession capped gains. Market Extends Losses : Benchmark indices extended losses in afternoon with the Sensex falling 183.29 points to 37,144.72 and the Nifty50 declining 66 points to 10,951. Source by money control 

How do I choose the best intraday stock? Informal investors require value development so as to profit. Informal investors can pick stocks that will in general move a great deal in rupee terms or rate terms, as these two channels will regularly deliver diverse outcomes. Stocks that tend move 3% or more every day have predictable huge intraday moves to exchange. The equivalent is valid for stocks that will in general move more than INR 2.50 every dayTo prevail as an intraday trader, it is essential to realize how to pick stocks for intraday trading . Frequently individuals are unfit to make benefits since they neglect to choose proper stocks to trade amid the day. Tips to Choose the Right Intraday Trading Stocks: Principle 1: Liquidity, liquidity, liquidity. Liquid stocks have huge volume, whereby bigger amounts can be bought and sold without essentially influencing the cost. Since intraday trading techniques rely upon speed and exact planning, a ton of volume makes getting in...