Derivative Ideas Nifty For Target Rs.100.00 - Religare Sec

DERIVATIVES OUTLOOK

*  Nifty futures volume weighted average price (VWAP) is at 9380 and Banknifty futures is at 22800.

*  Nifty futures closed with premium of around 25 points implying fresh long buildup.

*  Nifty put writing was seen at 9500 strike. Maximum positions are still at 9400 PE and 9600 CE.

* &nb

27/05/2017 4:51:34 PM | Posted in Broking Firm Views - Short Term Report read full news
India`s BSE index ends above 31,000, sets record

REUTERS - The benchmark BSE Sensex rallied on Friday to end above 31,000 for the first time, as higher derivatives rollover led to strong follow-up buying in index heavyweights such as Reliance Industries and ITC Ltd .

The Sensex closed up 0.9 percent at 31,028.21, after hitting a high of 31,074.07.

T

Sensex crosses 31,000-mark, Nifty nears 9,600 level

 Healthy buying in metal and automobile stocks, and a strong rupee took the Indian equity markets to a record high during the mid-afternoon trade session on Friday.

The 30-scrip Sensitive Index (Sensex) of the BSE crossed the 31,000 mark for the first time to touch a new high of 31,034.30 points intra-day. 

At 1.45 p.m., the Sensex traded at 31,008.24 points -- up

Derivative Ideas Nifty For Target Rs.65.00 - Religare Sec

Derivative Ideas

NIFTY futures added around 14.20% of open interest as fresh long positions. Nifty futures has rolled around 68% into June contract. Call buying was seen at 9600 strike and put writing was seen at 9400 & 9300 strike. We suggest buying nifty 9600 CE as per levels given below.

 

26/05/2017 11:24:50 AM | Posted in Broking Firm Views - Short Term Report read full news
Sensex hits record highs; Tata Steel scales over 2-1/2 year peak

By Krishna V Kurup

 Indian shares hit record highs on Friday, with Reliance Industries  and Tata Steel Ltd leading the gains, as higher derivatives rollover led to strong follow-up buying in index heavyweights.

The broader NSE Nifty rose as much as 0.65 percent to a record high of 9,572.25,

Sensex hits record high; banks rally

REUTERS - The Sensex hit a record high late in the session on Thursday as banks rallied on continued hopes of central bank and government action to tackle bad debt in the sector, with sentiment further boosted by gains in Asian shares.

The benchmark Sensex rose 1.48 percent to end at 30,750.03 points, after earlier climbing to a record high of 30,793.43.

Banking stocks surge

Derivative Ideas Nifty For Target Rs.86.00 - Religare Sec

Derivative Ideas

NIFTY added around another 16% of open interest as short positions. It has rolled around 53% into next contact so far. We are anticipating some 60-80 points move on expiry. Hence, we suggest doing a long straddle in NIFTY as per levels mentioned below.

 

Strategy:

25/05/2017 11:21:05 AM | Posted in Broking Firm Views - Short Term Report read full news
Sensex tracks Asian peers higher; Infosys leads

By Krishna V Kurup

 Indian shares rose on Thursday tracking Asian markets that hit two-year highs after the U.S. Federal Reserve signalled a more cautious approach to future rate hikes, but sentiment was subdued ahead of the expiry of monthly derivative contracts.

The MSCI broadest index of Asia-

Sensex falls on border tensions; Tata Motors rallies

REUTERS - The NSE Nifty posted its fourth session of losses in five on Wednesday as investors were unnerved by border tensions with Pakistan and on the expiry of derivatives contracts this week.

The Nifty closed 0.27 percent lower at 9,360.55, while the benchmark BSE Sensex ended down 0.21 percent at 30,301.64.

However, Tata Motors Ltd rose 4.2 percent after posting better-t

Sensex rises; Tata Motors rallies

By Krishna V Kurup

Indian shares rose on Wednesday with Tata Motors Ltd <TAMO.NS> leading the gains after the automaker reported a better-than-expected quarterly profit.

However, gains were capped as investor sentiment remained tepid after India on Tuesday said it attacked Pakistani army posts i

Sensex ends lower; healthcare stocks drag

Indian shares ended lower on Tuesday, dragged down by healthcare stocks and as investors booked profit in recent outperformers such as ITC Ltd.

The broader NSE Nifty closed 0.55 percent lower at 9,386.15, while the benchmark BSE Sensex was down 0.67 percent at 30,365.25.

(Reporting by Krishna V Kurup in Bengaluru; Editing by Sunil Nair)

Key Indian equity market indices open in red

By Krishna V Kurup

Indian shares edged lower on Tuesday with Sun Pharmaceutical Industries Ltd leading the fall after its U.S. arm reported weak quarterly results, while investors booked profit in recent outperformers such as ITC Ltd.

The broader NSE Nifty fell 0.6 percent at 9,381.6 as of 0557 GMT, while the benchmark BSE Sensex was down 0.62 percent at 30,381.7.

Sensex ends higher; consumer stocks surge
  • REUTERS - Indian shares closed marginally higher on Monday, with consumer stocks leading the gains as sentiment remained upbeat after the government finalised rates for the upcoming Goods and Services Tax.

    The broader Nifty closed 0.11 percent higher at 9,438.25, while the benchmark Sensex ended 0.35 percent up at 30,570.97.

    The Nifty FMCG index ended up 3.6

Sensex, Nifty inch up as consumer stocks rally; ITC leads

By Krishna V Kurup

 - Indian shares edged higher on Monday, with consumer stocks such as ITC Ltd leading, as investor sentiment got a boost after the government last week finalised rates for the upcoming goods and services tax.

The government on Friday unveiled four rate bands under the Goods and

Derivative Ideas Nifty For Target Rs.30.00 - Religare Sec

DERIVATIVES OUTLOOK

*  Nifty futures volume weighted average price (VWAP) is at 9370 and Banknifty futures is at 22600.

*  Nifty and Banknifty futures closed with premium of around 19 & 25 points respectively.

*  Nifty call writing was seen at 9500 strike, put buying (unwinding by writers) was seen at 9500 strike.

20/05/2017 4:34:50 PM | Posted in Broking Firm Views - Short Term Report read full news
Equity markets close flat; banks, FMCG stocks gain

Sensex edged up on Friday after touching a record high, its fourth peak in five sessions, as profit-booking pared overall gains led by consumer stocks that rallied after rates for goods and services under a new tax were finalised.

The benchmark BSE Sensex closed up 0.10 percent at 30,464.92 after rising as much as 0.91 percent earlier in the session to its highest ever, while the broa

Key Indian equity indices trade higher

By Arnab Paul

The benchmark BSE index rose as much as 0.9 percent to a record high on Friday, scaling an all-time peak for the fourth time in five sessions, as consumer goods makers surged after the government finalised rates for its upcoming goods and services tax (GST).

India set GST rates for more than 1,200 items on Thursday, and analysts said the outcome had largely ben

Derivative Ideas Nifty For Target Rs.56.00 - Religare Sec

Derivative Ideas

Put buying (unwinding by writers) was seen at 9500 & 9400 strikes. Huge call writing was seen at 9500 strike. We suggest buying Nifty May 9400 PE as per levels mentioned below.

 

Strategy:

BUY NIFTY MAY 9400 PE BETWEEN 36-38, SL 26, TARGET 56.

 

19/05/2017 9:37:48 AM | Posted in Broking Firm Views - Short Term Report read full news
Equity markets slip on weak global cues, auto stocks plunge

After three consecutive days of record highs during the week, the Indian equity markets slipped on Thursday tracking bearish global cues, a weak rupee and heavy selling pressure in automobile, capital goods and consumer durables stocks.

According to market observers, investors were also cautious over the ongoing two-day meet of the Good and Services Tax (GST) Council in Srinagar,

Sensex, Nifty fall; Apollo Hospitals down as fund looks to exit

Indian shares fell from record highs on Thursday tracking Asian peers, and were on track for their first drop in four sessions as uncertainty mounted over U.S. President Donald Trump's future following reports he tried to interfere with a federal investigation.

The dollar was stuck at six-month lows, while Wall Street posted the biggest intra-day slide since September, as pressure

Key Indian equity indices open lower

aking a cue from global markets, the key Indian equity market indices on Thursday opened lower.

The Sensitive Index (Sensex) of the BSE, which had closed at 30,658.77 points on Wednesday, opened lower at 30,466.82 points.

Minutes into trading, it was quoting at 30, 529.70 points, down by 129.07 points, or 0.42 per cent.

At the National Stock Exchange

Sensex, Nifty hit fresh highs, metal stocks surge

 The key Indian indices again surged to new highs on Wednesday as a strong rupee and healthy buying in metal and automobile stocks buoyed investors' sentiments.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) provisionally closed at a new high of 9,518.35 points -- up 6.10 points or 0.06 per cent.

The 30-scrip Sensiti

Sensex, Nifty edge lower after hitting record highs

Indian shares edged lower after hitting fresh highs earlier on Wednesday, as political turmoil in Washington spooked global investors, sending Asian markets lower.

U.S. share futures and the dollar tumbled on reports that President Donald Trump had asked then-FBI Director James Comey to end a probe into Trump's former national security adviser, raising questions over whether obstr

Sensex, Nifty at record highs, auto stocks rise

Positive global cues, along with healthy macro-economic data and expectation of a normal monsoon, lifted the Indian equity markets to record closing as well as intra-day highs on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE), which crossed the 9,500-mark for the first time during the mid-afternoon trade session, provisionally closed at a new high of 9,512