MARKETS ON THURSDAY: Sensex up 578 pts; RBI holds rates; inflation outlook cut

All that happened in the markets today

8:49 AM

Today's picks: From Tata Motors to Cipla, stocks to watch on Thursday

Tata Motors

Current price: Rs 355

Target price: Rs 349

 

Keep a stop at Rs 359 and go short. Add to the position between Rs 350 and Rs 351. Book profits at Rs 349. READ MORE

8:47 AM

Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty makes a bearish engulfing candle closing below 200DMA with again in a process of lower top formation implying strong resistance at 10300 and a new round of selling cannot be ruled out. The support for the day is seen at 10070 while the resistance would be at 10180 levels. We maintain a cautious view for the coming days. READ MORE

8:45 AM

Markets on Wednesday

 

S&P BSE Sensex	33,019.07		-1.05%
Nifty 50	10,128.40		-1.14%
S&P BSE 200	4,455.10		-1.11%
Nifty 500	8,975.60		-1.09%
S&P BSE Mid-Cap	16,184.97		-0.92%
S&P BSE Small-Cap	17,449.75		-1.01%

8:40 AM

SGX Nifty

The SGX Nifty was trading at 10,290.50, up 1.56% from the previous close.

8:39 AM

Asian Markets

Asian shares bounced from two-month lows on Thursday as world equities recovered from a selloff triggered by escalating Sino-US trade tensions, with investors hoping a full-blown trade war between the world’s two biggest economies can be averted.

 

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 per cent, a day after it hit its lowest level in almost two month. Japan’s Nikkei gained 1.2 per cent.

8:37 AM

Wall Street

On Wall Street on Wednesday, the S&P 500 gained 1.16 per cent and the Nasdaq Composite added 1.45 per cent, clawing back heavy losses of more than 1.5 per cent right from earlier in the US session.

8:36 AM

Good Morning!

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