Wednesday, 23 November 2016

Opening Bell - Sensex, Nifty rally in early trade; L&T up 3%

The S&P BSE Sensex is trading at 26,020, up 60 points, while NSE Nifty is trading at 8,045 up 43 points.

Share Market Services  | NSE & BSE Market Tips

The S&P BSE Sensex is trading at 26,020, up 60 points, while NSE Nifty is trading at 8,045 up 43 points.

Commodity market tips

The Indian rupee opened lower by 11 paise at 68.36/$ against the previous close of 68.25/$. The rupee fell to its lowest level since February 29.

Asian markets rose for the 3rd consecutive day as global cues turned bullish with US indices hitting fresh all time highs. China, Japan & the US are seeing fresh flows as bull market syndrome drives stocks higher. Commodities lead the rally with base metals hitting fresh new 9 month highs.
Commodity market tips
The selling spree seems to have halted temporarily after India saw one of the biggest outflows in a nervous November. Such was the intensity of selling that hardly any sector was spared as foreign investors offloaded about $11 billion of equities and bonds in Asia’s emerging markets following Donald Trump’s surprise victory in the U.S. presidential election.

India has seen close to Rs.11,000 crore outflow this month; the worst ever for a month since 2002.

For now, the Nifty’s move above 8000 level may bring in some psychological relief ahead of the monthly expiry of derivative contracts on Thursday. Metal, Realty and Auto stocks saw some buying on Tuesday while Capital Goods and Power companies were at the receiving end.

The Dow Jones Industrial Average topped 19,000 intra-day. Gold is turning precious. Oil is inching higher but this may not be sustainable. Expectations that policy makers will extend their stimulus programmes have kept European bonds upbeat.




If you want more information regarding the Market News & many other tips like Tradeindia Services , Intraday Tips , MCX Normal Calls , Indore Advisory Company , Bullion Market Tips , Share Market Services , NSE & BSE Market Tips , Free MCX Market Tips , MCX Premium Tips , Bullion Energy Tips , Commodity market tips , call ☎ @ Toll Free Number 📲 18003157801 or fill form 🔗  https://www.tradeindiaresearch.com/freetrial.php

1 comment:

  1. Rudra Investment Market Research – SEBI Registered Investment advisory Company In India. Our experts provides trading recommendations in Stock, Commodity and Currency Market.

    ReplyDelete

Correction phases are healthy say experts M&M, Yes Bank among top 22 bets over one year

Angel remains overweight on discretionary consumption theme with stocks like Safari Industries, Bata, Blue Star and Parag Milk Foods. A...