Category Archives: Today Market News

Stock Market Opening News: Nifty Likely To Open Up

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Domestic and global cues indicate a green opening for the Nifty on Wednesday. SGX Nifty was trading at 7,972 level, up 7.50 point at 7:43 AM. On Tuesday, market staged a spectacular comeback after a sluggish start. Nifty rallied over 100 points led mainly by largecaps and banks. Fourth quarter earnings of telecom giant Bharti Airtel and YES Bank will be closely watched today. In global markets, US stocks closed mixed with energy leading ahead of the US Federal Reserve’s crucial meeting. However, Nasdaq 100 futures fell more than a percent in after-trade on back of disappointing earnings from Apple.

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Today Stock Market Status: Nifty Opens Below 7850

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The Indian Stock Market has opened lower as the Sensex is down 77.87 points or 0.3 percent at 25601.06. The Nifty is down 21.90 points or 0.3 percent at 7833.15. About 313 shares have advanced, 357 shares declined, and 32 shares are unchanged. Hindalco, Bharti, Tata Steel, M&M and Axis Bank are top gainers while ICICI Bank, ITC, GAIL, Maruti and Hero are losers in the Sensex. The Indian rupee has opened marginally lower at 66.72 a dollar compared to 66.61 a dollar in previous session.HDFC Bank says the crucial 2-day FOMC meeting starts today with market expectations of no rate action.

Nifty Support And Resistance Levels for 26-Apr-2016

CH GOOD MORNING

NIFTY TREND: CONSOLIDATE

NIFTY SPOT LEVELS

SUPP 1: 7810

SUPP 2: 7730

RES 1: 7910

RES 2: 7985

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International Market Update by Money CapitalHeight

CH INTERNATIONAL MARKET UPDATE

GOLD $ 1235.35

SILVER $ 16.99

COPPER $ 226.40

CRUDE $ 43.13

INR 66.72

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Bank Nifty Support and Resistance Levels for 25-Apr-2016

CH BANK NIFTY TREND -CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 16350

SUPP 2: 15880

RES 1: 16850

RES 2: 17180

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Finance Market News by CapitalHeight

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In a virtual confirmation of recent reports that the Reserve Bank of India had trimmed the list of companies that should be included in banks’ asset quality review, Union Bank Chairman and Managing Director Arun Tiwari says the move should be looked at as a “correction” of stricter norms prescribed earlier. “We went to the regulator saying that some of these accounts are okay and the regulator agreed with us,” he told CNBC-TV18 in an interview, adding that the relaxed AQR list would mean Union Bank would save about Rs 800 crore by way of provisioning not needed now.

Today Market Closing News:Nifty ends below 7900

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The Indian Equity Market has ended in red on a day of consolidation. The Sensex was down 42.24 points or 0.2 percent at 25838.14, and the Nifty slipped 12.75 points or 0.2 percent at 7899.30. About 1242 shares advanced, 1313 shares declined, and 165 shares were unchanged. Maruti, SBI, ONGC, NTPC and Axis Bank were gainers while HUL, HDFC, Sun Pharma, ITC and Infosys were losers in the Sensex.

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