NIFTY Financial News

Expert: Milan VaishnavThe markets tried hard to put a potential base in place as they consolidated and ended flat while Bank Nifty mildly outperformed. The Nifty started off on a flat note after trading flat in the first hour of the session.

Balrampur Chini, Canara Bank, Granules India, Hindustan Copper and Indiabulls Housing Finance Company. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban. The MWPL for Balrampur Chini stood at 100.5% on Monday with OI reported by Trendlyne at 6.2 million. It was down 28.8% from the previous session. For Granules India, MWPL stood at 84.3% on Monday with OI reported by Trendlyne at 9.6 million.

Kunj Bansal of Investment-illiteracy.com, says “I do not think for the IT sector as a whole, there is going to be any surprise neither on the positive side nor on the negative side. So with this recent participation having come in and with the market having moved up sharply and trying to move in a consolidation kind of movement, we should see the same happening to the IT sector as well.”What do you make of the wobbly moves that we have seen on the markets of late? Do you think it is a bit of a shakeout which was necessary or is it a bit of reversal of sorts?One can never take a call on the short-term movement of the market. But yes, after the sharp rally that we saw in the first fortnight of September and almost 10-12 trading sessions, the market was moving one way up. There had to be some correction if we talk whether in terms of technical terms, whether in terms of short-term correction or whichever way. That is what we have seen. If we look at the numbers on the peak in Nifty, we reached 20,200 almost. And right now we are at 19,700. So that is a 500 points correction in percentage terms. It's hardly 2.5% correction.

“We expect such rich valuations can result in increased equity volatility and we would stay cautious till the risk-reward becomes favourable,” says Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life. In an interview with ETMarkets, Tandon said: “We believe one should keep some cash margin in their short-term portfolio and can take some money off the table especially from expensive stocks which have rallied ahead of their fundamentals” Edited excerpts:What a week for Indian markets – 20,000 and counting – what next?This year despite global markets having a challenging outlook, the Nifty50 has reported an impressive return of +15% along with broader markets also performing. The outperformance of the Indian equity markets was driven by favourable macro and micro factors along with continuous inflows by FIIs and strong retail participation.

Sandip Sabharwal, asksandipsabharwal.com, says “there will be better opportunities a few weeks down the line because we have seen some of the railway stocks actually sell off over the last couple of weeks. We will see that happening in defence also as there is too much retail participation in these stocks. That will be the time to buy.”Is it that phase of the market now where you need to really just take a long break and say I will come back because there is nothing to do? Markets are not that expensive that you want to sell and markets are not that cheap that you want to buy.Yes, so if you are fully invested, you can still look at possibly getting some cash out of stocks which have very high valuations. Ex of that, I would agree that there is no case for selling out any big time because there will be a correction, but then the correction will not be a 12-15% Nifty correction. It might be just taking out 30% to 50% of the current move which implies a 6% to maybe 8-9% kind of correction.

Investing.com-- Most Asian stocks retreated on Tuesday as the prospect of higher U.S. rates weighed on the technology sector, while persistent concerns over a Chinese economic slowdown also kept investors wary of regional markets. 

top stocks in focus today. Balrampur Chini Mills, Canara Bank, Granules India, Hindustan Copper and Indiabulls Housing Finance are the companies placed under futures & options ban on NSE for TuesdayAsian stocks fell on Tuesday as investors recalibrated their interest rate expectations.

equity indices ended flat as sentiment remained fragile on concerns of higher interest rates and faltering economic growth. “We expect weakness to persist in the market amid cautiousness ahead of the monthly F&O expiry this week and economic data like India’s Infrastructure Output for the month of August US and UK Q2 GDP data and US and China manufacturing PMI data to be released," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 26 Here are key domestic and global market cues for Sensex today" Asian markets were trading mostly lower on Tuesday as concerns about China’s property sector re-surfaced.

Day trading guide for today: After losing for fourt straight sessions, Indian stock market ended flat on Monday. Nifty 50 index ended marginaly higher at 19,674 levels, BSE Sensex finished 14 points higher at 66,023 mark whereas Bank Nifty index gained 154 points and closed at 44,766 levels. In broad market, small-cap index went up 0.12 per cent whereas mid-cap index surged 0.46 per cent during Monday deals.

This along with persistent selling by FIIs, rising crude prices, and a spike in bond yields dampened investors' sentiments. «We expect weakness to persist in the market amid cautiousness ahead of the monthly F&O expiry this week,” said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded lower by 59.5 points, or 0.30 per cent, at 19,669, signaling that Dalal Street was headed for negative start on Tuesday.

Buy or sell stocks for today: After showing weakness in last four straight sessions, Indian stock market ended flat on Monday. Nifty 50 index ended marginaly higher at 19,674 levels, BSE Sensex finished 14 points higher at 66,023 mark whereas Bank Nifty index gained 154 points and closed at 44,766 levels.

Bajaj Finance jumped 4.6%, leading the Nifty gainers in Monday's trading, as investors cheered the lender's plans to raise funds from the market. Analysts said the move, in addition to bolstering the company's capital base, is expected to improve its financial ratios.

Ashish Kacholia has sold stake in Delta Corp Ltd through bulk deals on Monday. The ace investor has offloaded about 15 lakh shares 0.56% in the company at Rs 144.65 apiece, according to exchange data. Kacholia earned Rs 21.69 crore from the sale. It is unclear how much Kacholia held prior to the stake sale in Delta Corp.

New Delhi (India), September 25: The stock market is a dynamic arena where fortunes are made and lost in the ever-changing world of money. It's a business that motivates people with the promise of wealth, but to understand its complexities, one needs knowledge, skills, and assistance. This is when stock market institutes come into play.

Shares of Ashok Leyland Ltd.(up 2.01 per cent), TVS Motor Company Ltd.(up 1.43 per cent), Bharat Forge Ltd.(up 1.4 per cent), Samvardhana Motherson International Ltd.(up 0.67 per cent) and MRF Ltd.(up 0.64 per cent) ended the day as top gainers in the pack. On the other hand, Sona BLW Precision Forgings Ltd.(down 1.83 per cent), Hero MotoCorp Ltd.(down 1.58 per cent), Mahindra & Mahindra Ltd.(down 1.1 per cent), Eicher Motors Ltd.(down 0.66 per cent) and Tata Motors Ltd.(down 0.28 per cent) finished as the top losers of the day. The Nifty Auto index closed 0.08 per cent down at 16221.55. Benchmark NSE Nifty50 index ended up 0.3 points at 19674.55, while the BSE Sensex stood up 14.54 points at 66023.69. Among the 50 stocks in the Nifty index, 24 ended in the green, while 26 closed in the red. Shares of JP Power, Vodafone Idea, PNB, YES Bank and IRB Infra Dev.

Vadilal Industries(up 3.60%), Umang Dairies(up 2.81%), TATA CONSUMER PRODUCTS(up 2.60%), Nakoda Group(up 2.53%), Bikaji Foods International(up 1.91%), ADF Foods(up 1.40%), Dodla Dairy(up 0.99%), Marico(up 0.85%), Varun Beverages(up 0.84%) and Prataap Snacks(up 0.65%) stood among the top gainers. Hindustan Foods(down 8.10%), Dangee Dums(down 4.31%), Bajaj Consumer(down 3.53%), Zydus Wellness(down 1.86%), Dabur India(down 1.25%), Sheetal Cool Products(down 1.15%), Tasty Bite Eatables(down 1.15%), Euro India Fresh Foods(down 0.95%), Godrej Consumer Products(down 0.94%) and Adani Wilmar(down 0.76%) were among the top losers of the day. The NSE Nifty50 index ended 0.3 points up at 19674.55, while the 30-share BSE Sensex closed up 14.54 points at 66023.69. Bajaj Finance Ltd.(up 4.66%), Tata Consumer Products Ltd.(up 2.6%), Bajaj Finserv Ltd.(up 2.18%), Apollo Hospitals Enterprise Ltd.(up 2.15%), Coal India Ltd.(up 1.65%), Kotak Mahindra Bank Ltd.(up 1.59%), Asian Paints Ltd.(up 1.47%), Grasim Industries Ltd.(up 1.45%), JSW Steel Ltd.(up 0.75%) and NTPC Ltd.(up 0.71%) stood among the top gainers in the Nifty pack. On the other hand, Hindalco Industries Ltd.(down 1.98%), SBI Life Insurance Company Ltd.(down 1.87%), Hero MotoCorp Ltd.(down 1.58%), Infosys Ltd.(down 1.47%), Dr.

The BSE Sensex rose 14 points or 0.02% to end at 66,023, while its NSE counterpart Nifty50 closed below the 19,700 level. From the Sensex pack, Bajaj Finance and Bajaj Finserv were the top gainers. Kotak Bank, Asian Paints, and UltraTech Cement also closed higher.

The NSE Nifty index ended the session 0.3 points up at 19674.55, while BSE Sensex rose 14.54 points to 66023.69. In the Nifty index, Bajaj Finance Ltd.(up 4.66 per cent), Tata Consumer Products Ltd.(up 2.60 per cent), Bajaj Finserv Ltd.(up 2.18 per cent), Apollo Hospitals Enterprise Ltd.(up 2.15 per cent) and Coal India Ltd.(up 1.66 per cent) stood among the top gainers. On the other hand, Hindalco Industries Ltd.(down 1.98 per cent), SBI Life Insurance Company Ltd.(down 1.87 per cent), Hero MotoCorp Ltd.(down 1.59 per cent), Infosys Ltd.(down 1.47 per cent) and Dr.

soft landing of the US economy. Weakness in the US economy will have an impact on major economies across the globe.

Voltas Ltd. gained 0.12 per cent to Rs 866.35 in Monday's trade as of 12:38PM (IST). The stock hit a high price of Rs 869.45 and low of Rs 854.9 during the session. The return on equity (ROE) for the stock stood at 2.47 per cent.

₹18,260 crore, so far this month. Since valuations remain high even after the recent pullback and US bond yields are attractive (the US 10-year bond yield is around 4.46 per cent) FIIs are likely to press sales so long as this trend persists," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "It would be irrational to expect the FIIs to buy aggressively when the US 10-year bond yield is around 4.46 per cent and the dollar index is above 105.