Tag Archives: Nifty trading tips

Stock Tips Tomorrow- Nifty ends at 10,681, Stock Future Tips

best shares to buy sellThe Nifty and Sensex ended at new life-time peaks on robust buying by domestic institutional investors amid positive global signals. The NSE Nifty-50 Index closed at 10,681.25, up 30.05 points while the BSE Sensex jumped 88.90 points to a record closing high of 34,592.39. Both Sensex and Nifty hit fresh 52-week highs of 10,690 and 34,638, respectively.

Shares of Zee Entertainment, ICICI Bank, Bharti Infratel, Vedanta Limited, Maruti Suzuki and HPCL stood as the top gainers in the Nifty50 index on Friday. However, shares of Lupin, United Phosphorus, Bharti Airtel, Ambuja Cements, Bosch and Aurobindo Pharma remained the top laggards of the day.

Shares of Reliance Industries gained after media reported that the company’s telecom arm Reliance Jio Infocomm was planning to create its own crypto-currency, JioCoin.

Nifty Media, Nifty metal, nifty bank and auto indices closed Friday’s session in positive territory. Overall 146 stocks hit fresh 52-week highs, while 4 stocks that hit fresh 52-week lows on NSE on Friday.

Out of the 50 stocks in the Nifty50 index, 22 stocks closed the day in the green, while the remaining 28 settled in the red.

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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.