Sensex, Nifty end marginally lower on F&O expiry day; realty, auto gain

All that happened in the markets today

8:42 AM

NEWS ALERT | Not the right time to privatise PSU Banks: Govt sources to CNBC TV18

8:37 AM

NEWS ALERT | Bitcoin surges 16% overnight to $13000

- The cryptocurrency is at its highest level since January 2018
 

- Bitcoin is up 50% in June, record $33billion trading volume in past 24 hours across exchanges

8:35 AM

NEWS ALERT | India has called for proposals to appoint adviser for creation, launch of ETF by July 26

8:34 AM

NEWS ALERT | Financial sector ETF to include public banks, insurance co. & financial institutions

8:33 AM

NEWS ALERT | Govt considering creation of Financial Sector Exchange Traded Fund : CNBC TV18

8:31 AM

Market outlook | Sahaj Agrawal, Head of Derivatives, Kotak Securities

Structural trend for the broader market remains extremely positive. For the near term sustain above 11,800 is expected to push the index towards 12,200.

We expect private banking to outperform. Strong bounce back is expected in Auto and Metal stocks.

8:27 AM

American investments worth trillions waiting for India, says Pompeo

Addressing a gathering of diplomats and other eminent guests in the evening after his meetings with Prime Minister Narendra Modi and External Affairs Minister S Jaishankar earlier in the day, Pompeo said, “one million Indian youth enter the job market, every month. There are trillions of dollars worth of American investments, sitting on the sidelines waiting to be put to work in the Indo-Pacific region.” Currently, the US is the 6th largest source of historical equity investments into India. READ MORE

8:24 AM

Tipping point: Gold prices are on the rise; should you invest?

Gold crossed the psychologically crucial barrier of $1,400 per ounce mark in the international markets recently. One factor responsible for the upsurge in its price is the escalation in geopolitical tensions due to Iran shooting down an American drone. The other factor is trade tensions between the US and its trading partners, especially China, that shows no sign of getting amicably resolved. READ MORE

8:19 AM

Derivatives Strategies: Nifty support range from 11,600-11,700

The market trended sideways in a week when global tension remained high. The India-US trade war might see some resolution if talks with US Secretary of State Mike Pompeo are fruitful. But US-China trade tension continue and so do US-Iran tension. Worries over Brexit continue to persist. READ MORE

8:15 AM

Today's picks: From Britannia to Tata, hot stocks to watch on Thursday

Nifty 
 

Current: 11,847 (fut: 11,862),

 

Target: NA

 

Stop-long positions at 11,775. Stop-short positions at 11,935. Big moves could go till 12,000, 11,725. A long 11,800p (13), long 11,900c (17) has breakevens at 11,770, 11,930. READ MORE

8:10 AM

Stock calls by Tradebulls Securities

COAL INDIA

Reco: BUY

CMP : 260.30

 

It is bouncing post 50 week EMA acting as support for 4 consecutive weeks. “Bullish Engulfing” followed by daily RSI surpassing its signal line suggests bullish momentum to kick in. On the hourly scale, the stock is consolidating in the range of Rs 253 - Rs 263 while underlying bullish strength building up for a larger move targeting its recent swing high of Rs 272 and Rs 276 gap resistance. READ MORE

8:04 AM

FII/FPI & DII trading activity on NSE, BSE and MSEI

8:03 AM

Rupee check

The Indian rupee Wednesday advanced by 21 paise to close at 69.15 against the US currency in line with uptrend in domestic equities. At the interbank foreign exchange market, the rupee opened at 69.40 a dollar and advanced to a high of 69.07 during the day. It finally settled at 69.15, up 21 paise against its previous close of 69.36.

7:55 AM

Oil check

At 7:55 am, Brent Crude Futures were trading at $65.45 per barrel.

7:54 AM

SGX Nifty

At 7:53 am, SGX Nifty was trading 5 points higher at 11,874 levels.