Blog for Stock tips, Equity tips, Commodity tips, Forex tips: Sharetipsinfo.com

Want to beat the stock market volatility? Just keep on reading this exclusive blog by Sharetipsinfo which will cover topics related to stock market, share trading, Indian stock market, commodity trading, equity trading, future and options trading, options trading, nse, bse, mcx, forex and stock tips. Indian stock market traders can get share tips covering cash tips, future tips, commodity tips, nifty tips and option trading tips and forex international traders can get forex signals covering currency signals, shares signals, indices signals and commodity signals.

Nifty Wrap Up For 3 May,2024:

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Share Market Closing Note


Nifty at 22,450, Sensex falls 760 points; metals outshine:


In the volatile session the Indian benchmark indices ended lower with Nifty below 22,500 amid selling across the sectors barring metsls.


Biggest Nifty losers were L&T, Maruti Suzuki, Reliance Industries, Nestle India and Bharti Airtel, while gainers included Coal India, Grasim Industries, ONGC, Dr Reddys Laboratories and Hindalco Industries.


Among sectors, except metal, all other sectoral indices ended in the red with capital goods, oil & gas, realty, telecom and PSU Bank down 1 percent each.


The broader indices also came under pressure after hitting fresh highs in the early part of the session. The BSE midcap and smallcap indices fell 0.5 percent each.


--------------------------------------------------------------------------------------------


Topic :- Time:3.00 PM


Nifty spot if holds above 22420 level on closing basis then expect some pull back in the market in coming sessions and if it closes below above mentioned level then some sluggish move may further continue to follow. Avoid open positions for Monday.


--------------------------------------------------------------------------------------------


Topic :- Time:2.40 PM


Just In:

Firstsource Solutions to acquire QBSS for ₹328 crore; shares slip post Q4 earnings.


--------------------------------------------------------------------------------------------


Topic :- Time:2.30 PM


COPPER Trading View:

COPPER is trading at 849.50. One can short copper around 851 with small stoploss of 853.30 for the target 845 however once it crosses 853.30 it will be in buying zone.


--------------------------------------------------------------------------------------------


Topic :- Time:1.55 PM


IPO alert

1. SAI SWAMI METALS AND ALLOYS (BSE SME) 

2. Amkay Products Limited (BSE SME)

3. Storage Technologies And Automation Ltd (BSE SME)

All above 3 one can apply for listing gains.


--------------------------------------------------------------------------------------------


Topic :- Time:1.50 PM


Just In:

Coal India share price rises up to 4% post Q4 earnings.


--------------------------------------------------------------------------------------------


Topic :- Time:1.30 PM


CRUDEOIL Trading View:

CRUDEOIL is trading at 6619. If it manages to trade and sustain above 6635 level then expect some upmove in it and if it breaks and trade below 6600 level then some decline can follow in Crudeoil.


--------------------------------------------------------------------------------------------


Topic :- Time:1.20 PM


Just In:

Heavyweight stocks weigh Sensex, Nifty down over 1% each.


--------------------------------------------------------------------------------------------


Topic :- Time:1.10 PM


Just In:

MRF announces its highest-ever dividend payout post-Q4 results of 1,940% 


--------------------------------------------------------------------------------------------


Topic :- Time:12.30 PM


SILVER Trading View:

SILVER is trading at 81143. If it breaks and trade below 81100 level then expect some further decline in it and if it manages to trade and sustain above 81200 level then some pull back can follow however trend will remain sell from rise for now.


--------------------------------------------------------------------------------------------


Topic :- Time:12.00 PM


Nifty is trading with deep losses now as it declined from its day highs. Nifty spot if breaks and trade below 22480 level then expect some further fall in the market and if it manages to trade and sustain above 22520 level then some upmove can be seen. Currently Nifty spot is trading at 22490.


--------------------------------------------------------------------------------------------


Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex tumbles over 900 pts from days high, Nifty below 22,600

2. Max Estates stock jumps 8% today, extends yesterdays 20% gain as co inks mega development deal

3. Carlyle Group dumps Yes Bank shares yet again, offloads 2.2% stake

4. Bajaj Finance soars 7% on RBI ban reversal; brokerages retain buy rating

5. Adani Power targets long-term growth with expansion strategy

6. Adani Group faces Sebi scrutiny; show-cause notices issued to 6 firms

7. India buys more Russian oil lured by better deals

8. Premji eyes stake in Bank of Barodas Nainital Bank

9. Reliances warehousing assets get $1.5 bn investment

10. Real estate loans triple the pace in FY 23


--------------------------------------------------------------------------------------------


Topic :- Time:11.00 AM


After positive opening nifty slide in red zone however overall market is still bullish and banking sector is likely to lead further rally. Nifty spot if manages to trade and sustain above 22620 level then expect some further upmove in the market and if it breaks and trade below 22560 level then some decline can be seen.


--------------------------------------------------------------------------------------------

Loading