Metals shine led by SAIL; Bharti Airtel jumps 2%, RIL most active.

-

The top Nifty50 gainers include Bharti Airtel, State Bank of India, Dr Reddy's Labs, HDFC Bank and Vedanta while the top losers are Sun Pharma, Tata Motors, Maruti Suzuki, Asian Paints and Britannia Industries.


Benchmark indices are trading at the high point of the day with Sensex up   104 points at 36,667 mark while the Nifty gained 25 points and is tradingat level.
  
 Nifty Metal gained a percent led by SAIL which spiked over 5 percent followed by Hindalco Industries, Jindal Steel & Power, JSW Steel, Tata Steel and Vedanta.
Banking stocks continue to buzz led by State Bank of India, RBL Bank, YES Bank, Bank of Baroda, HDFC Bank and ICICI Bank among others.
From the infra space, the top gainers are Bharti Airtel which added 2 percent followed by CG Power, Container Corp, NCC, Larsen & Toubro, Tata Communications, Reliance Power and Tata Power.
Benchmark indices are trading at the high point of the day with Sensex up 104 points at 36,667 mark while the Nifty gained 25 points and is trading at 10,823 level.
Nifty Metal gained a percent led by SAIL which spiked over 5 percent followed by Hindalco Industries, Jindal Steel & Power, JSW Steel, Tata Steel and Vedanta.
Banking stocks continue to buzz led by State Bank of India, RBL Bank, YES Bank, Bank of Baroda, HDFC Bank and ICICI Bank among others.
From the infra space, the top gainers are Bharti Airtel which added 2 percent followed by CG Power, Container Corp, NCC, Larsen & Toubro, Tata Communications, Reliance Power and Tata Power.
The top Nifty50 gainers include Bharti Airtel, State Bank of India, Dr Reddy's Labs, HDFC Bank and Vedanta while the top losers are Sun Pharma, Tata Motors, Maruti Suzuki, Asian Paints and Britannia Industries.
The most active stocks are Reliance Industries, Maruti, Sun Pharma, HDFC Bank and Tata Motors.
Among the Nifty50 names, 31 stocks advanced while 18 declined.
127 stocks hit new 52- week low on BSE including Tata Motors, Tata Motors (DVR), Balkrishna Industries, Canara Bank, ONGC, Godrej Industries, Bharat Forge, Union Bank and JPSL while Infosys hit new high.
source by: moneycontrol
Professional Advisory For Help And Support- AllianceResearch




Comments

Post a Comment

Popular posts from this blog

What is a Trading Plan?

-
Image
How many times have you had a position to go against you? You planned the trade correctly, but soon after you bought your initial position, you discovered that the price you paid was higher than what it was now worth. The first trade was a loser compared to the market price. What could you do with this losing trade? You could sell it out and look to buy something else, or you could buy a few more shares or contracts at the new lower price. Which is the better solution to your dilemma? In most cases, Most people, however, would buy more at lower prices. They would average their losses on the way down if they are buying, or average their losses on the way up if they are shorting. There's an old saying that if it looked good at a higher price, it looks a lot better at a bargain price. Traders determine whether they will average or not by looking at what they are trading: stocks,  options , or futures. Let's look at each of these trading vehicles in terms of averaging
Read more
-
Image
Cash market is a marketplace where the immediate settlement of commodities takes place in this market between the purchaser and the seller. This is also known as spot market cash market transactions take place over the counter or in a regulated exchange in contrast transactions take place exclusively on exchange. The price of the cash market is usually less than the futures market this market has two day delivery period due to the time duration to move cash from one place to another. In this market most speculative retail trading is done as spot transactions are on an online platform in this market the moral context speculation is considered negatively. Then there is also a part of this market known as the energy spot market where surplus energy producers instantly spot purchasers or buyers for energy and negotiate prices within milliseconds and deliver the energy. In this market, securities are traded in a possibly changing current market place. Cash market is differen
Read more

Intraday trading strategies for commodity market

-
Image
Intraday trading strategies for commodity market and stock market Online trading is done on a large scale in all countries of the world. Of course, this is considered a risky business. But if the right discipline and patience are used then big profits can be made here .  Various techniques are used to earn consistent profits. There are some intraday trading tips and strategies that are most used by traders. Similar Popular strategies will be given in this post. 1 . Opening range breakout strategy This intraday trading strategy is most commonly used by intraday traders. A straight line is drawn at the upper and lower levels of the opening hour of a commodity. When a commodity breaks its initial levels in any direction, traders make their positions in that direction. The timing of the commodity's opening range can also be changed. One hour can be used in commodity and 30 minutes in stock market. The diagram of this strategy is shown below.
Read more