MARKETS: Sensex ends 383 points up at 37,054; sees biggest jump in 6 months

Here's a look at all that happened in markets today

9:01 AM

Rupee opening

Rupee opens at 70.01/$ vs its previous close of 70.14 against the US dollar

8:38 AM

Stocks in focus

SBI: State Bank of India (SBI) will use the Reserve Bank of India’s (RBI’s) policy repo rate as a benchmark to set the savings deposit rates and those for short-term loans from May 1 this year. READ MORE

8:27 AM

Market Outlook by Devang Shah

BUY CEAT

CLOSE – Rs 1,122

TARGET – Rs 1,180/1,220

 

CEAT closed weekly in positive territory. It looks like an end of medium-term correction. Its daily momentum indicators are in BUY. Risk Reward is favorable to BUY at current levels. One can buy with a stop loss of Rs 1,080 for the target of Rs 1,180/1,220 levels in the short term. READ MORE

8:21 AM

Top trading ideas by Prabhudas Lilladher

BUY BAJAJ AUTO

CMP: Rs 2,955.70

TARGET: Rs 3,180

STOP LOSS: Rs 2,870

 

The stock has indicated a breakout above the Rs 2,945 levels in the daily chart and has improved the bias and implies further upward thrust in the coming days. The RSI is on the rise and with favourable indicators supporting our view, the stock looks attractive for more upward fresh targets. With decent volume participation seen, we recommend a buy in this stock for an upside target of Rs 3,180, keeping a stop loss of Rs 2,870. READ MORE

8:14 AM

Rupee check

Halting its three-day winning run, the Indian rupee Friday edged lower by 14 paise to close at 70.14 to the US dollar in line with fall in domestic equities market. On a weekly basis, however, the domestic currency logged 78 paise gains.

8:13 AM

Bulk deal on NSE as on Friday

08-Mar-2019	ADVENZYMES	Advanced Enzyme Tech Ltd	ATHARVA GREEN ECOTECH LLP	SELL	34,82,350	176.95	-
08-Mar-2019	ADVENZYMES	Advanced Enzyme Tech Ltd	MULTIPLEX CAPITAL LTD.	BUY	2,255	175.09	-
08-Mar-2019	ADVENZYMES	Advanced Enzyme Tech Ltd	MULTIPLEX CAPITAL LTD.	SELL	6,49,755	181.56	-
08-Mar-2019	ADVENZYMES	Advanced Enzyme Tech Ltd	ORBIMED ASIA III MAURITIUS LIMITED	BUY	55,26,624	176.43	-
08-Mar-2019	ANUP	The Anup Engineering Ltd	AVADH MATERIAL AND EQUIPMENT SUPPLIERS LLP	BUY	1,39,369	548.35	-
08-Mar-2019	BEML	BEML Limited	ALPHAGREP SECURITIES PRIVATE LIMITED	BUY	2,75,772	903.38	-
08-Mar-2019	BEML	BEML Limited	ALPHAGREP SECURITIES PRIVATE LIMITED	SELL	2,75,772	903.66	-
08-Mar-2019	ELGIEQUIP	Elgi Equipments Ltd	SBI MUTUAL FUND	BUY	18,26,000	257.40	-
08-Mar-2019	ELGIEQUIP	Elgi Equipments Ltd	SBI MUTUAL FUND	SELL	18,26,000	257.40	-

8:08 AM

Oil check

Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June and a report of falling US drilling activity.

8:00 AM

SGX Nifty

Nifty futures on Singapore Exchange (SGX) were trading at 11,043, down 15 points or 0.14 per cent in early trade

7:55 AM

Asian Markets check

Asian shares fell in the early trade on Monday after US employment data raised doubts about the strength of the global economy while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound. MSCI’s broadest index of Asia-Pacific shares outside Japan was trading flat while Japan’s Nikkei gained 0.4 per cent in early trade.

7:50 AM

Wall Street check

Wall Street's main indexes fell for a fifth straight session on Friday and posted their biggest weekly declines since the market tumbled at the end of 2018, as a weak US jobs report ignited more concerns about the global economy. The Dow Jones Industrial Average fell 22.99 points, or 0.09 per cent, to 25,450.24, the S&P 500 lost 5.86 points, or 0.21 per cent, to 2,743.07 and the Nasdaq Composite dropped 13.32 points, or 0.18 per cent, to 7,408.14.

7:45 AM

Good morning

 

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