The market closed higher for fourth consecutive session on Tuesday, with the Sensex rising 91.71 points to 33,880.25 and the Nifty gaining 22.90 points at 10,402.30.
SBI, ICICI Bank, Hindalco, Coal India, L&T and Axis Bank gained up to 5 percent while HDFC, HDFC Bank, Bajaj Finance were under pressure.
The Nifty Midcap index was up 50 points.
Union Bank, Bank of India, Federal Bank, IDFC Bank, Lemon Tree Hotels, Mahanagar Gas, Indraprastha Gas and Gujarat Gas were down up to 7 percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil markets added to strong gains from the previous session on Tuesday on hopes that a trade dispute between the United States and China could be resolved without greater damage to the global economy. Yet prices remain within recent ranges as oil markets still face an abundance of supplies that puts pressure on producers to keep their prices competitive in order not to lose market share.
Brent crude futures were at $69.02 per barrel at 0225 GMT, up 37 cents, or 0.5 percent, from their last close. U.S. WTI crude futures were at $63.84 a barrel, up 42 cents, or 0.7 percent, from their previous settlement.
This followed a more than 2 percent rally on Monday during European and American trade hours, a rebound from a 2 percent price fall on Friday. Concerns of a prolonged trade dispute between the world’s two biggest economies and uncertainty over the supply and demand balance of global oil markets have resulted in volatile trading. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Wall Street’s major indexes rose on Monday as a softer stance by U.S. policymakers on China tariffs powered a rebound from last week’s selloff, but stocks pared much of their gains late in the session after a report that the Federal Bureau of Investigation raided the office of President Donald Trump’s lawyer.
Technology and health stocks led the benchmark S&P 500’s major sectors. Merck & Co Inc was the biggest boost to the Dow, while gains in Apple shares led the Nasdaq index. Stocks climbed after Trump’s new economic adviser Larry Kudlow told CNBC that the president may be open to forming an international coalition to grapple with trade issues involving China. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices opened higher, following positive lead from global stocks after China's comments on free trade.
The 30-share BSE Sensex was up 111.20 points at 33,899.74 and the 50-share NSE Nifty gained 36.60 points at 10,416. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices closed higher on positive global cues as trade war tensions eased. The 30-share BSE Sensex was up 161.57 points at 33,788.54 and the 50-share NSE Nifty rose 47.80 points to 10,379.40. Maruti Suzuki, HUL, ITC, IOC, HPCL and BPCL rallied up to 4 percent while Tata Motors, Infosys and Bharti Airtel were under pressure. Nifty Midcap index was up 65 points. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Shares have extended their gains from the morning session, with the Sensex rising over 150 points, while the Nifty is seen advancing towards 10,400.Except for traditional defensive of pharma and IT, all other sectoral indices are trading in the green. Midcaps are underperforming the benchmarks, with gains of one third of a percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil markets stabilised on Monday after slumping around 2 percent last Friday on the back of concerns of an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity. U.S. WTI crude futures were at $62.24 a barrel, up 18 cents, or 0.3 percent, from their previous settlement.
Brent crude futures were at $67.33 per barrel, up 22 cents, or 0.3 percent. Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears of a trade war between the world’s two largest economies that could hurt global growth. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices opened mildly higher on Monday, tracking positive lead from Asian stocks.The 30-share BSE Sensex rose 23.46 points to 33,650.43 and the 50-share NSE Nifty gained 3.20 points at 10,334.80. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices closed flat on Friday as investors await March quarter earnings season that will be kicked off by Infosys next week. The 30-share BSE Sensex was up 30.17 points at 33,626.97 and the 50-share NSE Nifty rose 6.40 points to 10,331.60. About 1,599 shares advanced against 1,062 declining shares on the BSE. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
The market remained in a tight range, with the Nifty hovering around 10,300 levels amid ongoing US-China trade war. The 30-share BSE Sensex was down 14.92 points at 33,581.88 and the 50-share NSE Nifty fell 12.20 points to 10,313. The market breadth remained positive as about 1,410 shares advanced against 992 declining shares on the BSE. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil prices fell on Friday after U.S. President Donald Trump's threat of new tariffs on China reignited fears of a trade war between the world's two biggest economies. President Trump said on Thursday he had ordered U.S. trade officials to consider tariffs on $100 billion more of imports from China, escalating tensions with Beijing. crude LCOc1 for June delivery was down 32 cents, or 0.5 percent, at $68.01 per barrel at 0410 GMT. U.S. West Texas Intermediate crude for May delivery CLc1 was down 35 cents, or 0.6 percent, at 63.19 a barrel. Shanghai September crude futures ISCc1 were untraded due to public holidays in China, after falling 0.8 percent on Wednesday. Shanghai trading will resume on Monday. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
The Indian rupee gained as much as 17 paise against the US dollar on Thursday as the benchmark Sensex rallied more than 400 points dismissing the threats of another possible trade war between the US and China with investors keenly awaiting the RBI’s repo rate decision. The rupee got appreciated by 17 paise to 64.98 apiece US dollar at the interbank foreign exchange market on Thursday. In the last one month of trade in the forex markets, the domestic currency had shuttled between the range of 64.8 and 65.3 against the United States dollar. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices started off last day of the week on a flat note, following tepid Asian cues. The 30-share BSE Sensex was down 7.48 points at 33,589.32 and the 50-share NSE Nifty fell 8.20 points to 10,317. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices closed sharply higher on Thursday, with the Sensex rising 577.73 points or 1.75 percent to 33,596.80, and the Nifty gaining 196.80 points or 1.94 percent at 10,325.20. More than three shares advanced for every share falling on the BSE. Nifty Midcap index was up 380 points or 2 percent. Canara Bank, Bank of India, Ujjivan Financial and L&T Finance Holdings rallied 6-10 percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
The Indian rupee gained as much as 17 paise against the US dollar on Thursday as the benchmark Sensex rallied more than 400 points dismissing the threats of another possible trade war between the US and China with investors keenly awaiting the RBI’s repo rate decision. The rupee got appreciated by 17 paise to 64.98 apiece US dollar at the interbank foreign exchange market on Thursday. In the last one month of trade in the forex markets, the domestic currency had shuttled between the range of 64.8 and 65.3 against the United States dollar.
The Reserve Bank of India had fixed a reference rate of 65.0232 against the US dollar on Wednesday. Earlier yesterday, the rupee tumbled as much as 14 paise to 65.15 against the US dollar on China’s move to impose additional tariffs in a retaliatory measure against the Trump administration. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil prices rose on Thursday, holding onto a late-session rally the previous day, buoyed by the U.S. government data showing a surprise draw down in crude stockpiles. U.S. West Texas Intermediate crude for May delivery was up 19 cents, or 0.3 percent, at $63.56 a barrel by 0140 GMT after settling down 14 cents. Front-month London Brent crude for June delivery was up 20 cents, or 0.3 percent, at $68.22, having ended down 10 cents. Before the rebound late on Wednesday, after the release of the Energy Information Administration (EIA) inventory data, WTI and Brent had hit two-week lows after China proposed a broad range of tariffs on U.S. exports, feeding fears of a trade war. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Frontline indices extended gains, with the Sensex rising 383.96 points or 1.16 percent to 33,403.03 and the Nifty gaining 124.10 points or 1.23 percent at 10,252.50. Apollo Tyres rallied 4.5 percent while Balkrishna Industries and MRF gained 3 percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Tremendous recovery in nifty, SGX Nifty 160 Points Up trading at 10290. American closed in positive mode and asians are in mixed note as American president reaction to the Chinese trade terif was surprising. Donald trump says: We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!
As many Americans formers diverted their crop to soyabean and The Chinese trade terif will American farmers hard. Well! Trade war is reaction is over. Markets are on the track again. RBI credit policy Today later in the market session. Try to avoid ICICI bank on buy side. Adani look good buy for the day as got 1150 cr road project. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Benchmark indices closed sharply lower after gains seen in previous two consecutive sessions, weighed by US-China trade war concerns. The 30-share BSE Sensex was down 351.56 points or 1.05 percent at 33,019.07 and the 50-share NSE Nifty fell 116.60 points or 1.14 percent to 10,128.40. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
The market gained strength amid volatility, with the Nifty inching towards 10,300 levels and the Sensex gaining more than 100 points. The broader markets extended gains, with the Nifty Midcap index rising 0.8 percent and BSE Smallcap gaining 1.2 percent. The 30-share BSE Sensex was up 119.84 points at 33,490.47 and the 50-share NSE Nifty rose 30.30 points to 10,275.30. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil markets added to strong gains from the previous session on Tuesday on hopes that a trade dispute between the United States and China could be resolved without greater damage to the global economy. Yet prices remain within recent ranges as oil markets still face an abundance of supplies that puts pressure on producers to keep their prices competitive in order not to lose market share.
Wall Street’s major indexes rose on Monday as a softer stance by U.S. policymakers on China tariffs powered a rebound from last week’s selloff, but stocks pared much of their gains late in the session after a report that the Federal Bureau of Investigation raided the office of President Donald Trump’s lawyer.
Shares have extended their gains from the morning session, with the Sensex rising over 150 points, while the Nifty is seen advancing towards 10,400.Except for traditional defensive of pharma and IT, all other sectoral indices are trading in the green. Midcaps are underperforming the benchmarks, with gains of one third of a percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil markets stabilised on Monday after slumping around 2 percent last Friday on the back of concerns of an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity. U.S. WTI crude futures were at $62.24 a barrel, up 18 cents, or 0.3 percent, from their previous settlement.
Benchmark indices opened mildly higher on Monday, tracking positive lead from Asian stocks.The 30-share BSE Sensex rose 23.46 points to 33,650.43 and the 50-share NSE Nifty gained 3.20 points at 10,334.80. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Oil prices fell on Friday after U.S. President Donald Trump's threat of new tariffs on China reignited fears of a trade war between the world's two biggest economies. President Trump said on Thursday he had ordered U.S. trade officials to consider tariffs on $100 billion more of imports from China, escalating tensions with Beijing. crude LCOc1 for June delivery was down 32 cents, or 0.5 percent, at $68.01 per barrel at 0410 GMT. U.S. West Texas Intermediate crude for May delivery CLc1 was down 35 cents, or 0.6 percent, at 63.19 a barrel. Shanghai September crude futures ISCc1 were untraded due to public holidays in China, after falling 0.8 percent on Wednesday. Shanghai trading will resume on Monday. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
The Indian rupee gained as much as 17 paise against the US dollar on Thursday as the benchmark Sensex rallied more than 400 points dismissing the threats of another possible trade war between the US and China with investors keenly awaiting the RBI’s repo rate decision. The rupee got appreciated by 17 paise to 64.98 apiece US dollar at the interbank foreign exchange market on Thursday. In the last one month of trade in the forex markets, the domestic currency had shuttled between the range of 64.8 and 65.3 against the United States dollar. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Frontline indices extended gains, with the Sensex rising 383.96 points or 1.16 percent to 33,403.03 and the Nifty gaining 124.10 points or 1.23 percent at 10,252.50. Apollo Tyres rallied 4.5 percent while Balkrishna Industries and MRF gained 3 percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
Tremendous recovery in nifty, SGX Nifty 160 Points Up trading at 10290. American closed in positive mode and asians are in mixed note as American president reaction to the Chinese trade terif was surprising. Donald trump says: We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!
Benchmark indices closed sharply lower after gains seen in previous two consecutive sessions, weighed by US-China trade war concerns. The 30-share BSE Sensex was down 351.56 points or 1.05 percent at 33,019.07 and the 50-share NSE Nifty fell 116.60 points or 1.14 percent to 10,128.40. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
The market gained strength amid volatility, with the Nifty inching towards 10,300 levels and the Sensex gaining more than 100 points. The broader markets extended gains, with the Nifty Midcap index rising 0.8 percent and BSE Smallcap gaining 1.2 percent. The 30-share BSE Sensex was up 119.84 points at 33,490.47 and the 50-share NSE Nifty rose 30.30 points to 10,275.30. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774