Nifty ends below 10,200, Sensex down 174 points; banks, realty drag

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9:19 AM

Markets check

 

At 9:18 am, the S&P BSE Sensex was trading at 33,163, down 65 points, while the broader Nifty50 was ruling at 10,217, down 23 points. 

Index	Current	Pt. Change	% Change
S&P BSE SENSEX	33,179.23	-48.76	-0.15
S&P BSE SENSEX 50	10,669.99	-22.84	-0.21
S&P BSE SENSEX Next 50	35,387.65	-23.27	-0.07
S&P BSE 100	10,697.45	-20.33	-0.19
S&P BSE Bharat 22 Index	3,675.74	-12.61	-0.34

Source: BSE

9:13 AM

Stocks in news

 

Bharti Airtel, Ashok Leyland, Reliance Industries, Syndicate Bank, Punj Lloyd, Asian Paints and Infosys etc

9:10 AM

Will December be the month for bears?

 

Purely in terms of supply-demand, if there's more money chasing the same number of stocks, prices will rise. Vice-versa, if there is less money, prices will fall. More money has been chasing the same stocks for quite a while. The number of investible stocks has increased but investment inflows have increased much faster. READ FULL ANALYSIS 

9:03 AM

Technical calls by Prabhudas Lilladher

 

BUY ABAN OFFSHORE

    

CMP: Rs 205.50       

TARGET: Rs 224      

STOP LOSS: Rs 194

 

CLICK HERE FOR DETAILS 

8:59 AM

Buy KSB Pumps

 

CMP: Rs 897

SL: Rs 850

Target: Rs 1000  

 

CLICK HERE FOR MORE 

8:56 AM

Nifty outlook by HDFC Securities 

 

In the period of December 6, 2017 to December 11, 2017, Nifty recovered sharply from 10,033 to 10329 in the span of just three sessions. However, lower top and lower bottom formation is still intact on the Nifty daily chart, indicating the profit-booking taking place on rise. on Wednesday, Nifty corrected more than 80 points, which does not indicate any change in a trend but we need to observe if Nifty forms higher bottom or not. Higher bottom above 10,030, followed by higher top above 10,329 would violate the bearish setup for Nifty and in that case we may see Nifty forming new all time high above 10,490. Any level below 10,033 may create further panic. 

8:53 AM

Today's picks

 

Devangshu Datta on Nifty, Bank Nifty, BPCL, Sun Pharma and Tata Steel

 

CLICK HERE FOR DETAILS 

8:49 AM

Wall Street on Tuesday

 

The S&P 500 and the Dow industrials registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.

 

The Dow Jones Industrial Average rose 118.77 points, or 0.49% to 24,504.8, the S&P 500 gained 4.12 points, or 0.15% to 2,664.11 and the Nasdaq Composite dropped 12.76 points, or 0.19% to 6,862.32.

8:48 AM

Asian markets

Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

 

MSCI’s broadest index of Asia-Pacific shares outside Japan was a few ticks higher in early trade.

 

Japan's Nikkei stock index edged down slightly, shrugging off data that showed Japanese core machinery orders rose a more-than-expected 5% in October in a sign of resilient capital spending.

8:47 AM

Singapore Nifty

 

At 8:45 am, SGX Nifty was trading at 10,239, down 17 points or 0.17%, indicating lower opening for the markets. 

8:47 AM

Good Morning!

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