Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K

The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent

9:28 AM

Bajaj Electricals rallies 5%

>> Bajaj Electricals and Mahindra Logistics have signed a logistics optimisation and outsourcing contract worth over Rs 1,000 crore for the next five years.

9:26 AM

Container Corp zooms 6%, hits 52-week high

9:25 AM

BUZZING :: Infosys bucks the downtrend

9:23 AM

Ircon International extends weakness into second day

>> The Offer for sale (OFS) of Ircon was over-subscribed on the first day of issue by institutional investors. The issue will open for retail investors today. The government is selling up to 16 per cent stake at a floor price of Rs 88 a share in railway PSU Ircon.

9:22 AM

Adani Ports rewards investors in a feeble market

>> Gautam Adani-led Adani Ports and Special Economic Zone, on Wednesday, said it is acquiring the 31.5 per cent stake of Windy Lakeside Investment in the Gangavaram Port for Rs 1,954 crore. Windy Lakeside Investment is an affiliate of global private equity firm Warburg Pincus.

9:20 AM

Sectoral trends on NSE :: Banks, metals stocks worst hit

9:19 AM

Sensex Heatmap :: Financials crack in early deals

9:18 AM

First Trade :: Nifty holds 15,000 levels

9:17 AM

First Trade :: Sharp downtick on Sensex

9:09 AM

COMMODITY CHECK

9:05 AM

Pre-open Session :: Nifty below 15,150

9:04 AM

Sensex sheds 250 points in pre-open session

8:55 AM

Stocks to watch: Adani Ports, Ircon Int'l, Airtel, HDFC

Adani Ports: Gautam Adani-led Adani Ports and Special Economic Zone, on Wednesday, said it is acquiring the 31.5 per cent stake of Windy Lakeside Investment in the Gangavaram Port for Rs 1,954 crore. Windy Lakeside Investment is an affiliate of global private equity firm Warburg Pincus.

 

Ircon International: The Offer for sale (OFS) of Ircon was over-subscribed on the first day of issue by institutional investors. The issue will open for retail investors today. The government is selling up to 16 per cent stake at a floor price of Rs 88 a share in railway PSU Ircon. READ MORE

8:51 AM

Nifty outlook & stock picks by Gaurav Garg, CapitalVia Global Research

As per weekly option data, heavy put writing on lower strikes ranging from 14,800 to 15,100 is witnessed which shows the Nifty might face support in the zone of 15,000 as maximum put OI is placed here for weekly expiry. We can witness short-covering move along with addition of fresh position only if Nifty breaches 15,250. READ MORE

8:49 AM

Trading strategies for crude oil and zinc by Tradebulls Securities

Buy Zinc | TGT: 228 | Stop loss: 219

Zinc has made ‘Hammer’ Candlestick pattern after falling from highs of 235 to 216. The formation of Hammer candlestick pattern suggests that buyers have taken control and the low of candlestick is the technical stoploss with which one can go long in Zinc.

 

Sell Crude below 4,300 TGT: 4,100 | Stop loss: 4,400

Crude oil, after reaching overbought zone, has retraced back but trend reversal will only occur below recent swing low of 4,300. That would show classical breaking of higher high and higher low formation that crude oil is displaying on daily chart. 20DMA also comes around 4,350, so any trend reversal will only be validated below that region. READ MORE