BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100

Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra

9:08 AM

Nifty above 16,950 in pre-open session

9:08 AM

Pre-open Session :: Sensex adds 200 points, tops 57K

8:58 AM

Top stocks to watch today

Axis Bank: Moody's rated Axis Bank's proposed additional tier I capital bonds, as part of its global medium term note (GMTN) programme, three notches below its baseline credit assessment (BCA) and adjusted BCA, on the back of likelihoods of impairment.

 

Shriram City Union Finance: Chennai-based non-banking finance company is eyeing total disbursements of Rs 22,000-23,000 crore in the current financial year, a top company official said. During the first quarter of 2021-22, it disbursed Rs 4,560 crore compared to Rs 6,570 crore in March 2021 quarter. READ MORE

8:54 AM

Economists project GDP growth at 14%-23% in Q1FY22

8:46 AM

TECH CHECK :: Important levels to watch on Nifty today

The short term trend of Nifty continues to be positive. Having reached nearer to our upside target of 17K mark, there is no sign of any tiredness at highs and the market is ready to move above 17000 levels in the coming sessions.

A sustainable move above 17K could open the next upside target of around 17500 levels in the next two weeks. Immediate support is placed at 16750 levels.

Views by: Nagaraj Shetti, Technical Research  Analyst, HDFC Securities

8:42 AM

Two stocks that are flashing bullish signals on tech charts

BUY VOLTAS | TARGET: Rs 1050 | STOP LOSS: Rs 940

 

VOLTAS has seen strong reversal candlestick pattern formation near its 200 DEMA on the daily chart on the back of robust volumes, indicating an early sign of reversal in the counter. On the oscillator front, 14 period RSI has also reversed from the oversold region and breached the signal line from downwards, showing short-term bottom formation in the counter followed by MACD which is also on the verge of positive crossover, affirming strong demand in the counter at lower levels. READ MORE

8:38 AM

Rupee check

Source: Bloomberg

8:34 AM

Oil Check

8:30 AM

SGX Nifty slips in trade

8:27 AM

Wall Street ends mixed

Overnight, the S&P 500 edged 0.43 per cent while the tech-heavy Nasdaq Composite gained 0.9 per cent. The Dow Jones Industrial Average lagged, dipping 0.16 per cent.

8:25 AM

Asian market in the red

Asian stocks were mixed in early deals on Tuesday as traders assessed weaker economic activity in China and the latest escalation in Beijing's regulatory crackdown on private industries. Besides, a record rally seen across the globe on Monday also tempted investors to book profits.

 

In Japan, the Nikkei 225 shed 0.1 per cent while the Topix index declined 0.26 per cent. South Korea's Kospi dipped 0.10 per cent and Hong Kong's hang Seng declined 1.5 per cent.

8:16 AM

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