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Free Trading Trial- Stock Performance for the Week ended Friday

Free Stock Tips, Indian Stock Market, Share Tips, Online Trading Tips, Online Trading on Mobile, Intraday Trading Tips, Weekly Market Update, stock Tips TomorrowDomestic stocks registered moderate gains in the week ended Friday, 5 Jan 2018. The Sensex kept the psychologically significant 34-K mark after falling below that level during the week. Small gains logged the Sensex & Nifty to record closing high.

Telecom stocks hogged limelight becoming the top gainers on Friday trading session as significant developments crowded the sector. The telecom majors such as Idea Cellular Ltd, telecom tower Company, GTL Infrastructure Limited, and Bharti Airtel surged over 5%, and Reliance Communications surged over 7%, while BSE Telecom index maintained 3% gain during the week ended Friday.

The BSE Telecom index closed at 1,718.79 level, up by 2.75%. Meanwhile, BSE Sensex ended at 34,153.85 level, higher by 0.54% and NSE Nifty50 ended at 10,558.85 level, higher by 0.51% respectively.

Telecom major, Idea Cellular gained over 10% on the back of fund raising and merger plans with Vodafone, whereas Reliance Communications surged by over 7% following China Development Bank’s withdrawal of insolvency filing.

GTL Infrastructure Limited surged on the Exchanges on the back of company’s merger plans with Aircel. Meantime, Bharti Airtel charted gains on the back of its deal with China-based Transmission Holding’s handset brand ITEL Smartphones.

Among the top stocks of the telecom sector, Idea cellular closed with a gain of 10.67%, GTL Infra closed at Rs. 7.46%, up by 6.27% on BSE. Besides, Bhati Airtel and Reliance Communications also ended with gains of 3.36% and 2.10%, respectively.

Market Update: Market settles with modest losses; Nifty fell 95.15 pts

best shares to buy sell todayKey benchmarks indices settled in the negative territory on Monday. BSE Sensex tanked by 250 points lower in the first trading session of 2018 after trading flat all through the day. The NSE Nifty 50 fell 95.15 points to 10,435.55 while the BSE Sensex closed lower by 244.08 points to 33,812.75 driven by emerging profit-booking in absence of cues from other Asian markets that were closed for public holiday.

In Nifty-50, shares of Indiabulls HF, Coal India, Cipla Ltd, Sun Pharma, IOC and Wipro remained among the ten stocks that ended the day in the green whereas

Shares of Bharti Infratel, TCS, IndusInd Bank, BPCL, Bosch and Tata Motors remained the top losers.
The most traded stocks in Nifty-50 Index include Shares of Tata Power BHEL, SBI, Steel Authority of India, ITC, Idea Cellular, Ashok Leyland, NHPC, PNB, ICICI Bank and Bank of Baroda in today’s trading session.