Indicesmay remain volatile today ahead of the weekly expiry due Thursday. That apart, the government's assurance to announce measures, in the coming days, to deal with the impact of coronavirus outbreak on the country's exports could be on investor radar. READ MORE
That apart, the NSE's latest index rejig announcement could lead to stock-specific movements. The rupee's trajectory, oil price fluctuation, and update on coronavirus could further steer indices.
On Tuesday, the benchmark S&P BSE Sensex settled at 40,894 levels, down 161 points or 0.39 per cent. On the NSE, the Nifty50 ended at 11,992.50, down 53 points or 0.44 per cent.
GLOBAL CUES
Asian shares edged cautiously higher in early trade as investors tried to shake off worries about the coronavirus epidemic. The death toll from the new coronavirus in mainland China passed 2,000 on Wednesday although the number of new cases fell for a second straight day.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.01 per cent, Australian shares were up 0.14 per cent, while Japan’s Nikkei stock index rose 0.61 per cent.
In the early trade, SGX Nifty was trading 37 points higher at 12,055 indicating a flat to positive start to the domestic indices.
In the US, the Dow Jones and the S&P 500 fell 0.56 per cent and 0.29 per cent, respectively. The Nasdaq Composite, meanwhile, added 0.02 per cent eking out a record closing high.
(With inputs from Reuters)
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08:21 AM
Stock recommendations from HDFC Securities
GO LONG IN NIFTY WITH 11,900 STOPLOSS; TGT 12,200
On Tuesday, Nifty recovered more than 100 points from the bottom of 11,908 in the second half of the trade. This move has resulted in a bullish “Hammer” candlestick pattern on the daily charts. Nifty has retraced 50 per cent of the entire rally seen from 11,614 (3rd Feb 2020) to 12,246 (14th Feb 2020). Considering the primary bullish trend, we recommend initiating longs in Nifty for the upside target of 12,200, keeping stop loss at 11,900. READ MORE
08:17 AM
Bulk deals on NSE as on Tuesday
Click here for complete list
08:16 AM
Bulk deals on BSE as on Tuesday
Click here for full list
08:15 AM
FII/FPI & DII trading activity on NSE, BSE and MSEI
08:12 AM
Rupee Check
Source: Bloomberg
08:09 AM
Oil Check
>> At 8:07 am, Brent Crude Futures was at $57.87 per barrel-mark, up 0.21 per cent
>> WTI Crude was at $52.16 per barrel, up 0.21 per cent.
08:03 AM
SGX Nifty
>> At 8:02 am, the Singaporean Exchange for Nifty Futures was at 12,073.5, up 55 points or 0.46 per cent.
08:01 AM
Asian Market Check
Source: Reuters
07:58 AM
US Market Check
Source: Reuters
07:37 AM
Track all the latest developments in the markets here.
That apart, the NSE's latest index rejig announcement could lead to stock-specific movements. The rupee's trajectory, oil price fluctuation, and update on coronavirus could further steer indices.
On Tuesday, the benchmark S&P BSE Sensex settled at 40,894 levels, down 161 points or 0.39 per cent. On the NSE, the Nifty50 ended at 11,992.50, down 53 points or 0.44 per cent.
GLOBAL CUES
Asian shares edged cautiously higher in early trade as investors tried to shake off worries about the coronavirus epidemic. The death toll from the new coronavirus in mainland China passed 2,000 on Wednesday although the number of new cases fell for a second straight day.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.01 per cent, Australian shares were up 0.14 per cent, while Japan’s Nikkei stock index rose 0.61 per cent.
In the early trade, SGX Nifty was trading 37 points higher at 12,055 indicating a flat to positive start to the domestic indices.
In the US, the Dow Jones and the S&P 500 fell 0.56 per cent and 0.29 per cent, respectively. The Nasdaq Composite, meanwhile, added 0.02 per cent eking out a record closing high.
(With inputs from Reuters)
CATCH ALL THE LIVE UPDATES
Auto Refresh
08:21 AM
Stock recommendations from HDFC Securities
GO LONG IN NIFTY WITH 11,900 STOPLOSS; TGT 12,200
On Tuesday, Nifty recovered more than 100 points from the bottom of 11,908 in the second half of the trade. This move has resulted in a bullish “Hammer” candlestick pattern on the daily charts. Nifty has retraced 50 per cent of the entire rally seen from 11,614 (3rd Feb 2020) to 12,246 (14th Feb 2020). Considering the primary bullish trend, we recommend initiating longs in Nifty for the upside target of 12,200, keeping stop loss at 11,900. READ MORE
08:17 AM
Bulk deals on NSE as on Tuesday
Click here for complete list
08:16 AM
Bulk deals on BSE as on Tuesday
Click here for full list
08:15 AM
FII/FPI & DII trading activity on NSE, BSE and MSEI
08:12 AM
Rupee Check
Source: Bloomberg
08:09 AM
Oil Check
>> At 8:07 am, Brent Crude Futures was at $57.87 per barrel-mark, up 0.21 per cent
>> WTI Crude was at $52.16 per barrel, up 0.21 per cent.
08:03 AM
SGX Nifty
>> At 8:02 am, the Singaporean Exchange for Nifty Futures was at 12,073.5, up 55 points or 0.46 per cent.
08:01 AM
Asian Market Check
Source: Reuters
07:58 AM
US Market Check
Source: Reuters
07:37 AM
Track all the latest developments in the markets here.
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