http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns
Share Market Closing Note
After opening with marginal gains, domestic benchmark indices � S&P BSE Sensex and NSE Nifty50 slipped into negative territory on January 8. The retail exuberance faded after a strong US jobs report reignited a rally in 10-year treasury yields, pushing back rate cut prospects.
At close, BSE Sensex and NSE Nifty50 slipped up to 1 percent to 71,355 and 21,511 levels, respectively. Broader markets, too, saw profit-booking as Nifty Midcap 100 and Nifty Smallcap 100 indices slipped 1 percent each. As a result, the fear gauge � India VIX � edged up by 7 percent to hover around 13.5 levels.
--------------------------------------------------------------------------------------------
Topic :- Time:3.20 PM
Just In:
Power Mech Projects receives order worth ₹825 crore from Mahan Energen, stock gains over 3%
--------------------------------------------------------------------------------------------
Topic :- Time:3.00 PM
Nifty is in no mans land. Nifty future is trading at 21605. If it holds above 21570 level on closing basis then expect some good bounce back in the market in coming sessions and if it closes below 21570 level then some further decline is possible. Avoid open positions for tomorrow. Good stock specific action is there. One can consider IRCTC as BTST.
--------------------------------------------------------------------------------------------
Topic :- Time:2.30 PM
CRUDEOIL Trading View:
CRUDEOIL is trading at 6091.If it holds below 6035 level then expect it to test 6040-6020 levels quite soon. Sell on rise till it hold below 6035 is recommended in it. Only above 6035 we can see good buying in it.
--------------------------------------------------------------------------------------------
Topic :- Time:2.10 PM
Nifty is trading in range. Nifty spot is trading at 21588. If it manages to trade and sustain above 21600 level then expect some quick upmove in the market and if it breaks and trade below 21560 level then some decline can be seen.
--------------------------------------------------------------------------------------------
Topic :- Time:1.30 PM
NATURALGAS Trading View:
NG is trading at 236.30. If it manages to hold above 233.50 level then expect it to test 242-244 levels quite soon and once it breaks and trade below 233.50 level then some decline can be seen in it.
--------------------------------------------------------------------------------------------
Topic :- Time:1.15 PM
Just In:
FirstCry CEO Supam Maheshwari offloaded shares worth Rs 300 crore before IPO filing
--------------------------------------------------------------------------------------------
Topic :- Time:1.00 PM
Nifty is trading volatile now in negative zone however some pull back is expected from here. Nifty spot if manages to trade and sustain above 21600 level then expect some upmove in the market and if it breaks and trade below 21560 level then some decline can be seen in the Nifty.
--------------------------------------------------------------------------------------------
Topic :- Time:12.55 PM
Just In:
India ranks second after China in MSCI EM index after weightage surpasses Taiwan
--------------------------------------------------------------------------------------------
Topic :- Time:12.40 PM
Just In:
DECEMBER AMFI DATA
Liquid funds drive Rs 40,685-crore outflow from mutual funds.
Equity segment inflows rise on small and multi-cap schemes.
--------------------------------------------------------------------------------------------
Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 721.60. If it manages to trade and sustain above 722.20 level then expect some upmove in it and if it breaks and trade below 720.50 level then some decline can be seen in it.
--------------------------------------------------------------------------------------------
Topic :- Time:12.00 PM
After positive start nifty is trading in red zone. Nifty spot if manages to trade and sustain above 21580 level then expect some upmove in the market and if it breaks and trade below 21540 level then some further decline can be seen in the Nifty.
--------------------------------------------------------------------------------------------
Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex falls 300 pts; PSBs top sectoral losers
2. Indias fuel demand hits seven-month high in Dec
3. Auto retail sales up 21% YoY in Dec: FADA
4. Tata Motors reshuffles key execs in PV biz
5. China sanctions 5 US defence companies
6. India beats Taiwan in MSCI EM index weightage to be second after China
7. Byjus cutbacks: Employees struggle with deteriorating workplace amid massive cash crunch
8. Kaushalya Logistics lists at 33% premium to IPO price on NSE SME
--------------------------------------------------------------------------------------------
Topic :- Nifty Opening Note
Indian Stock Market Trading View For 08 Jan,2024:
Nifty is likely to remain volatile with global cues playing critical role. Nifty spot if manages to trade and sustain above 21760 level then expect some upmove in the market and if it breaks and trade below 21660 level then some decline can be seen in the market.
Please note this is just opening view and should not be considered as the view for the whole day.
--------------------------------------------------------------------------------------------