Sensex gyrates 370 pts, ends 127 pts down; Nifty holds 17,350; RIL dips 2%

However, healthy buying in the broader market kept overall market breadth in the favour of the buyers

9:09 AM

Nifty50 nears 17,350 in pre-open session

9:08 AM

Pre-open session :: Sensex declines marginally

9:07 AM

Sameet Chavan of Angel Broking is bearish on Bajaj Finance; check why

 

We had a bumper opening last Monday (August 30) at new record highs citing cheerful mood across the globe. This head start certainly set up the tone for the entire week as markets didn’t look back from thereon. The benchmark NSE Nifty recorded a new high on each day of the trading week and in the process crossed another milestone at 17,000.  READ MORE

 

9:05 AM

Bull Spread Strategy on Pidilite Inds by Nandish Shah of HDFC Securities

Buy PIDILITE SEPT 2360 CALL at Rs 56 & simultaneously sell 2400 CALL at Rs 41

 

Lot Size 500

 

READ MORE

9:01 AM

Market Ahead Podcast, Sep 13: Factors that could guide markets this week

Market is likely to eye movement in the stock of Reliance Industries this week, as lack of fresh triggers kept indices range-bound over the past couple of days.

 

RIL’s subsidiary, Jio Platforms, postponed the launch of India’s cheapest smartphone – JioNext-- last Friday.  READ MORE

 

8:59 AM

Top stocks to watch today

Reliance Industries: The largest Indian company's telecom arm Jio has delayed the launch of its ultra low-cost smartphone it is developing with Google, to Diwali, possibly due to semiconductor shortages that the industry is facing.

 

Zomato: The online food delivery platform has decided to stop its grocery delivery service from September 17 mainly on account of gaps in order fulfillment leading to poor customer experience, marking its exit from the segment for the second time since last year.

 

Bharti Airtel: International rating agency S&P maintained Bharti Airtel's credit rating of "BBB-", and upgraded outlook to stable from negative, indicating the company's improved financial status and ability to pay back debt.  READ MORE

 

8:41 AM

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

BUY CDSL | CMP: Rs 1,321 | Target: Rs 1,500 | Stop Loss: Rs 1,200

 

The stock has witnessed a decent erosion from 1,575 level, bottoming out near 1,140 levels gradually, indicating improvement in the bias. Currently, a positive candle pattern indicated strength and has potential to rise further in the coming days. With the RSI also going strong has indicated a trend reversal to signal a buy. We suggest to buy this stock for an upside target of Rs 1,500, keeping the stop loss of Rs 1,200. READ MORE

8:37 AM

FIIs, DIIs were net buyers on Thursday

8:34 AM

BSE bulk deal data for Thursday

Read in detail here

8:31 AM

Bulk deal on NSE on Thursday

Click here for detail

8:27 AM

SGX Nifty signals negative start

>> At 8:25 AM, the SGX Nifty was at 17,360 levels, down 10.5 points.

8:25 AM

Oil climbs above $70 per barrel

Oil climbed above $70 a barrel as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook for demand and inventories over the fourth quarter. West Texas Intermediate crude rose 0.8% to $70.24 a barrel.

8:23 AM

Most Asian stocks down

Most Asian stocks dipped Monday as China’s regulatory curbs and the risk of a slower recovery from the pandemic amid elevated inflation sapped sentiment.

 

A Hong Kong gauge of Chinese technology stocks slid after a report that officials are seeking to break up Ant Group Co.’s Alipay and create a separate app for its loan business. Soho China Ltd. tumbled in Hong Kong trading after a $3 billion takeover by Blackstone Group Inc. collapsed. China’s overall stock market fluctuated, while Japan was modestly lower. 

 

Elsewhere in Asia, South Korea's Kospi was down 0.2 per cent, while Australia's ASX200 was up 0.34 per cent. Hong Kong's Hang Seng, meanwhile, dropped nearly 2 per cent on China's crackdown.

8:22 AM

Wall Street ended lower on Friday

All three major indices finished lower on Friday, with the Dow Jones and S&P 500 posting a fifth straight day of losses, while the Nasdaq Composite index registered its third consecutive negative session. The S&P500 fell 35 points to 4,459. The Dow Jones Industrial Average lost 272 points, or 0.8%, to 34,608. The tech-heavy Nasdaq shed an early gain, dropping 132.76 points, or 0.9%, to 15,115.49.

8:17 AM

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