Tag Archives: Stock Market Update

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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Sensex, Nifty keep fresh record; over 100 stocks hit 52-week highs

stocks to buy todayThe key benchmark indices Sensex rose significantly led by healthcare, power and oil stocks. The broader Nifty also rose in the morning hours. Oil company shares like ONGC rose after international crude oil prices reached 66-mark due to a blast in Liybia.

The BSE index Sensex was up 793.90 points or 0.28% at 34,104.51 and the NSE Nifty index was up 10 points or 0.09% at 10,541.50 in late morning hours. Stocks of Reliance Communication (RCom) gained 16 percent after the company finalized a debt resolution plan that involves the sale of its assets.

Top five Sensex gainers were Sun Pharma, Dr Reddy’s, HUL, NTPC and PowerGrid, while the major losers were Wipro, Coal India, Bharti Airtel, ITC and ICICI Bank.
Shares of Sun Pharma, Aurobindo Pharma, Cipla, Dr Reddy’s, Axis Bank and SB were among the top gainers in the Nifty-50 index, whereas shares of Bosch, IOCL, HPCL, Hindalco Industries, ICICI Bank and UltraTech Cement were among the top losers.

Commodity Gold: Gold stayed supported amid thin trades as the year-end draw near. The metal has regained from its 5-month lows and following up buying. The metal is at present quoting flat at USD 1286 per ounce. MCX Gold futures closed nearly Rs 28,800 per 10 grams, up 0.50 percent on the day.

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