Indian Share Market Closing News Live : Nifty ends August series above 7950; BHEL tops buy list

Share Market Closing News:

Equity benchmarks ended at new closing high on Thursday. The Sensex rose 77.96 points to 26638.11 led by capital goods, FMCG, oil & gas and private banks.

The Nifty closed above the 7950 on the expiry day for August derivative contracts, up 18.30 points at 7954.35.

 The BSE Midcap index underperformed benchmarks, falling 0.3 percent. About 1385 shares have advanced, 1546 shares declined, and 116 shares are unchanged.

BHEL topped the buying list, up 4 percent followed by ITC, L&T, ICICI Bank, ONGC, Wipro, M&M, Dr Reddy's Labs and GAIL with 1-2 percent.

For Best & Accurate Indian Share Market Tips & Commodity Tips, please visit our site at          http://www.capitalheight.com/   or Call at 0731-6615050, 9993066624.

Today Stock Trading Tips & Opening News Update by Money CapitalHeight

Stock Market Opening News:

Equity benchmarks extended gains on Thursday, the expiry day for August derivative contracts. The Sensex rose 66.62 points to 26626.77 and the Nifty climbed 19.80 points to 7955.85.

About 688 shares have advanced, 221 shares declined, and 31 shares are unchanged.  

Shares of Larsen and Toubro, ICICI Bank, Axis Bank, Bharti Airtel, Bajaj Auto, Cairn India, BPCL and HCL Technologies gained 0.8-0.9 percent. However, Hero Motocorp, Hindalco Industries, Sun Pharma, Infosys, ONGC and TCS fell 0.2-0.7 percent.

The Indian rupee opened marginally higher at 60.39 per dollar on Thursday as against previous day's closing value of 60.45 a dollar.

Today Stock Trading Tips :

·         BUY FINTECH (LCP 261.8) ABOVE 262 TG-265-273

·         BUY DLF (LCP-181.80) ABOVE 182 TG-186-190

·         BUY TATA ELEXI (LCP 616.8) ABOVE 617 TG-624-634

·         BUY ONE LIFE CAPITAL (LCP-225) ABOVE 227 TG-232-240

For Best & Accurate Indian Share Market Tips & Commodity Tips, please visit our site at          http://www.capitalheight.com/   or Call at 0731-6615050, 9993066624.

Stock Market Closing News Update : Sensex closes 117 pts higher; ONGC, ICICI Bank lead

Stock Market Closing News:
Equity benchmarks gained strength on Wednesday after two-day of consolidation and correction, ahead of expiry of August derivative contracts on Thursday, the last day of truncated week.

The cabinet committee members will be meeting in evening today, which also drove the market higher. Report suggested that the cabinet may clear divestment of government’s 5 percent stake in ONGC via offer for sale (OFS) and may approve coal supply linkages to power plants.

The 50-share NSE Nifty continued to hold the 7900-mark, up 31.30 points to close at 7936.05 while the 30-share BSE Sensex climbed 117.34 points to 26560.15.

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Stock & Commodity Market Trading Tips & Recommendation by Money CapitalHeight

After two-day of consolidation, equity benchmarks opened higher with the Sensex rising 112.87 points to 26555.68 and the Nifty eyeing 7950 leve, up 29.30 points at 7934.05.
Today Stock Trading Tips & Recommendation:    

·         BUY ONE LIFE (LCP-255.2) ABOVE 258 TG-262-267

·         BUY GAREWARE (LCP 174.55) ABOVE 176 TG-178-181

·         BUY SHASUN PHARA (LCP 219.8) ABOVE 221 TG-225-230

·         BUY FOSECO IND (LCP-886.45) ABOVE 888 TG-894-903

CapitalHeight’s stock recommendation for 27/08/2014 is Andhra Bank. It has been trading in downtrend from last few months. In today’s trading session, it was down by 1.55%. On the daily chart, it took support of trend line and 200 DMA level, if it comes below then it may see some selling pressure in coming days. Momentum indicator stochastic has also given negative crossover.

Our recommendation on Andhra Bank is SHORT below 73 for the Target of 68-63.

Today Commodity Market Outlook :

·         Gold rose the most in more than two weeks

·         Silver futures for December delivery gained 0.1 percent

·         WTI for October delivery increased 51 cents

·         Copper futures for December delivery dropped 0.5 percent

·         Aluminum in London climbed for a second day

Gold rose the most in more than two weeks as tensions flared on the border between Ukraine and Russia, increasing demand for the precious metal as a haven. Silver futures for December delivery gained 0.1 percent to $19.459 an ounce on the Comex, the first advance in four sessions. West Texas Intermediate oil climbed as U.S. durable goods data and consumer confidence boosted economic optimism. Consumer confidence in the U.S.

For Accurate Stock & Commodity Market Services visit our site www.capitalheight.com/services.php  or call at 0731-6615050,9993066624

Indian Stock Market Closing News: Sensex, Nifty recover; Tata Steel, Hindalco extend gains

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http://www.capitalheight.com/

Stock Market Closing News:

The market recovered in late trade led by further buying in steel stocks and cutting losses in banks and oil & gas stocks.

The Sensex declined 2.16 points to 26434.86 and the Nifty dipped 2.35 points to 7903.95. About 1035 shares have advanced, 1869 shares declined, and 130 shares are unchanged.
Asian markets closed lower as tensions over Ukraine took the shine off the S&P crossing 2000 mark. European markets were also mixed. Investors will keenly watch for cues from the Ukrainian president meeting with Russian leader, Vladimir Putin later today.