Market snaps 9-day losing streak; Sensex jumps 227 pts, Nifty over 11,200
All that happened in the markets today
7:57 AM
Sensex falls 2,000 pts in 9 days as economic slowdown makes investors wary
The equity markets on Monday resumed their downward journey with the benchmark Sensex declining 372 points, or 1 per cent, to end at 37,091, while the Nifty50 index declined 131 points, or 1.2 per cent, to close at 11,148. Both indices logged their ninth consecutive session of decline and ended at two-month lows. READ MORE
7:48 AM
Today's picks: From Titan to Tata Steel, hot stocks to buy on Tuesday
Nifty
Current 11,148 (fut: 11,185),
Target: NA
- Stop-long positions at 11100.
- Stop-short positions at 11,255. Big moves could go till 11,050, 11,325. A long May 30, 11100p (269) short 11000p (233) bearspread costs 36, and it could gain 15-20 if the index falls below 11,100. READ MORE
7:43 AM
Top trading calls by Anand Rathi: Sell MRF, ACC and Bharti Airtel
NIFTY: SELL
TARGET: 10,975
STOP LOSS: 11,258
Nifty closed in the negative territory on Monday for the ninth consecutive session and with that it has been continuously forming lower tops and lower bottoms. The momentum indicator is deeply in the negative territory on the daily, weekly and monthly charts. The index seems to have formed and expanded flat pattern and with that, wave C down seems to have started. The conservative short term target comes at 10,975 and the stop loss for the same is seen at 11,258. READ MORE
7:40 AM
FII/FPI & DII trading activity on NSE, BSE and MSEI
7:38 AM
Rupee check
Source: Bloomberg
7:37 AM
Oil check
Oil prices inched higher on Tuesday, though gains were checked amid an escalation in the trade war between the United States and China.
Brent crude futures were at $70.27 a barrel at 6:34 am, up 0.1 per cent, from their last close.
7:35 AM
SGX Nifty
At 7:30 am, SGX Nifty was trading 44.5 points, or 0.4 per cent, lower at 11,140.5 levels.
7:33 AM
Asian Markets check
Source: Reuters
7:32 AM
Wall Street check
Source: Reuters
7:31 AM
Follow all the latest markets related news here.
7:30 AM
Good Morning,
Welcome to Business Standard's Live blog.
Welcome to Business Standard's Live blog.
Topics :
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 14 2019 | 7:16 AM IST