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Home » Equity Market Tips » Equity Tips » Expert Share Market Tips » Expert StockTips » MCX Market Tips » MCX News » Nifty Tips » Share Market News » Sensex, Nifty opened upwardly at fresh tape high : xi May 2017

Sensex, Nifty opened upwardly at fresh tape high : xi May 2017

Equity Market Outlook


Indian Indices:

Equity benchmarks continued their positive performance, amongst the Nifty opening at a fresh tape high of on Thursday. Indices opened comfortably above their novel milestones.

The Sensex was upwardly 52.38 points at 30300.55, spell the Nifty was upwardly 26.10 points at 9433.40. the marketplace breadth was good for you lot equally 629 shares advanced against a spend upwardly of 172 shares, spell 45 shares were unchanged.

Asian indexes were cautiously higher inwards early on Th trade, next a mixed closed stateside equally investors noted Snap's USD 2.2 billion loss, and monitored potential fallout on President Donald Trump's policies afterward FBI Director James Comey was fired.

Trump said he fired Federal Bureau of Investigation Director James Comey over his treatment of an e-mail scandal involving then-Democratic presidential nominee Hillary Clinton.

Global Market:

Asian shares were by in addition to large higher on Th amongst investors noting Toyota shares upwardly inwards Tokyo despite a downbeat profits report.

U.S. stocks were mixed afterward the closed on Wednesday, equally gains inwards the Oil & Gas, Basic Materials in addition to Financials sectors led shares higher while losses inwards the Healthcare, Consumer Services in addition to Industrials sectors led shares lower.

Market awaited the latest views from the European Central Bank afterward President Mario Draghi said on Tuesday it was besides early on for the ECB to suggest that euro zone inflation had met objectives in addition to investors turned attending to the Bank of England’s quarterly study scheduled for Thursday.

Major Headlines of the day:

• Edelweiss - CRISIL assigns rating of ‘CRISIL A1+' for Short Term Debt Issue aggregating to Rs. 5,000 cr.
• Varun Beverages - Crisil upgrades rating to AA-/Stable, A1+ for diverse tenors Varun Beverages.
• Hindalco-Novelis sells fifty per centum stake inwards due south korea arm for USD 351mn.

Trend inwards FII flows: The FIIs were cyberspace buyers of Rs  893.36the cash segment on Midweek spell the DIIs were cyberspace sellers of Rs -229.73 equally per the provisional figures.

UPCOMING RESULTS: ARVIND, ASIANPAINT, GLENMARK, GRANULES,IGARSHI, NILKAMAL, GPPL, KRITIIND, MAGMA, HAVELLS.

Securities inwards Ban For Trade Date 11-MAY-2017:    

1.BHARATFIN
2.CEATLTD
3.HDIL
4.IBREALEST
5.IFCI
6.IRB
7.JSWENERGY
8.KTKBANK
9.SYNDIBANK
10.UJJIVAN

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