Daily Equity Report @ Trading Tips

The Market indices edged higher as sentiment was boosted after the Union Cabinet today.The Sensex ended up 109.16 points at 28452.17 and the Nifty50 ended up 41.85 points at 8,786.20.

In the broader markets, BSE Midcap ended up 0.4% while the Smallcap index ended 0.37% up.

Market breadth ended negative with 1319 gainers and 1355 losers on the BSE.Index heavyweight BANK majors KOTAKBANK and LTrose.which is buying interest at lower levels. KOTAK BANK ended up 2.91% while LT edged 2.46% higher.

 @ BUY ARSSINFRA ABOVE 93 TARGETS 93.9 , 94.8 , 95.7 STOPLOSS 91.2.

Weekly Stock Trading Calls Free by Moneymaker Research team

@ Buy ENGINERSIN future above 268 targets 269.5 , 271 , 272.5 Stop Loss 265.

@ Sell ALBK future below 78 targets 77.2 , 76.4 , 75.6 Stop loss 79.6

@ Buy SUNTV future above 478 targets 480.5 , 483 , 485.5 Stop Loss 473.

@ Sell Bank India Future below 158 targets 156.4 , 154.8 , 153.2 Stop Loss 161.2

Sensex-Nifty fell 0.25%, Bank Nifty lost 0.6% @ Investment idea

Yeln Janet's speech was the first Indian stock market sell-off mood. Nifty slipped below the 8580 close, the Sensex has slipped more than 50 points. The Fed Chairman's statement before the global market is visible in the mood to wait and watch. The world's eyes are fixed on Jackson Hole. Today's statement by Fed chairperson of this idea that the Fed will raise rates in September or in December.

The Sensex had lost 140 points today, the Nifty was missing about 50 points lower. Sensex had tanked by 27697 other hand Nifty was broken 8547.5. Up until today in the index was knocked 27935.88, and the Nifty was up by 8623. The Sensex finally closed around 27780, while the Nifty closed at 8570.

Investment Ideas

Buy JUSTDIAL future above 503 targets 508, 513, 518 Stop loss 497.

 Buy UBL Future above targets 838, 847, 854 Stop Loss 816.   

Sensex Nifty Continue To Consolidate, Bullion Market Up

Stock market opened marginally higher today but lost its profit in early trade. Equity benchmarks remained under pressure tracking weakness in Asian indices. BSE Sensex hikes 12 points to 27848 and Nifty hikes just 1.80 points to 8594. Rupee is trading with the strength of 3 paise at 67.02 against US Dollar. Asian market indices are trading lower. Nikkei lost 123 points to 16432, Hang Seng gains 124 points to 22939 and Shanghai composite with minor gains trading at 3085. Commodity market started on a good positive note. Gold hikes 51 points to 30979 while Silver has gained 194 points to 43853 till yet. Maximum sectors are trading in the negative zone. BSE Auto sector is leading of all the sectors with 93 points hike at 21197. Midcap sectors are trading lower in the negative zone. NCDEX market is showing negative movements. Rmseed dropped 26 points to 4622, Soyabean dropped 5 points to 3370, Dhaniya hikes 36 points to 7764 and Barleyjpr trading at 1529 with hike of 4 points.

Gold Silver Weekly Recommendation By Moneymaker

 The COMEX Gold futures edged up above $1360 per ounce in the middle of this month but flipped back as quick gains in US dollar hurt the sentiments for precious metals. Dollar edged up from its six week low of 1.1370 against the Euro after the Conference Board released a report showing that its index of leading US economic indicators rose for the second consecutive month in July. The Conference Board said its leading economic index climbed by 0.4% in July following a 0.3% increase in June. This pulled COMEX Gold down to almost $1340 per ounce mark. MCX Gold futures for October moved mostly in a sideways range, with highs above Rs 31500 per 10 gram levels constantly triggering selling pressure. The US Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be warranted. But they did not indicate when they would likely raise rates. The minutes of their July 26-27 meeting showed that officials were encouraged by a rebound in job growth. They also took note of a stabilization of financial markets after a bout of turbulence triggered by Britain's June 23 vote to leave the European Union. The Fed officials believed those developments had lessened the risks for the economy in the short run. The minutes show that as a result, the officials thought a rate increase "was or would soon be warranted. But a key factor holding the Fed officials back was the stubbornly slow rate of inflation, which has been running below the central bank's 2% target for more than four years.

Indian Gold demand witnessed a lackluster performance over last few months. An extended strike by Jewelers and elevated price saw consumer demand for gold in India drop 18% year-on-year to 131 tons in the second quarter of calendar year 2016 (Q2CY16), according to the latest World Gold Council (WGC) report on gold demand trends for the second quarter of 2016. The five year average for local Gold demand is 219 tons. In dollar terms, the demand stood at $5304 Million, down 13% on year.  

Stock Market Updates by Moneymaker Research

Market indices snapped a two-day winning streak, amid a volatile trading session, with Infosys among the top losers after its key client Royal Bank of Scotland canceled a project. Further, higher-than-expected increase in July wholesale price inflation and weak global cues also dampened sentiment. The Sensex ended lower 88 points at 28,065 after breaking the 28,000 mark in intra-day trade and theNifty50 slipped 30 points to settle at 8,643. Broader markets, however, outperformed the benchmark indices - BSE Midcap index inched up 0.5% while and the Small cap index ended flat. The wholesale price index- (WPI) based inflation rose by 3.35% in July up from 1.62% in June, pushed up by food prices such as vegetables and fruits. Consumer prices rose at a faster-than-expected pace to 6.07.

Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to ICICIBANK Decrease in price was seen in BANKINDIA.

Equity Benchmarks Rising High, Gold Silver Down

Equity Benchmarks extended rally in the morning session. Market has risen more than 1 percent till yet. Sensex is up 281 points to 28141 and Nifty is up 78 points to 8670. Currently Rupee is trading at 66.81 with 3 paise hike against US Dollar. Bullion Market dropped in the early sessions. MCX Gold with 167 points down trading at 31160 and Silver dropped 280 points to 46475. Natural Gas with minor drop is trading at 169.70 and Crude Oil has hiked a good amount of 38 points to 2950. Asian market indices are trading high in the positive zone. Nikkei has hiked 191 points to 16926, Hang Seng with 164 points lead trading at 22745 and Shanghai Composite is trading low with just 7 points up at 3009. 

Indian Sectors are showing high movements positive leads. BSE Auto is trading highest with 308 points lead to 21486, BSE Bankex hiked 195 points to 21519 and Bank Nifty with 152 points up trading at 18792. BSE Small Cap with 80 points lead trading at 12270, BSE Mid Cap has risen 129 points to 12777 and Nifty MidCap with 115 points up trading at 14858.

Weekly Wrap by Moneymaker Research

The Sensex rose 248.62 points or 0.89% to settle at 28,051.86, in the week ended 29 July 2016. The Nifty 50 index gained 97.30 points or 1.14% to settle at 8,638.50. The BSE Mid-Cap index gained 3.13%. The BSE Small-Cap index rose 1.67%. Both these indices outperformed the Sensex.According to reports, the government on Friday, 29 July 2016, listed the much- awaited GST bill for consideration and passage in RajyaSabha's agenda for the next week.

Minister of state for parliamentary affairs Mukhtar Abbas Naqvi, while making a statement regarding government business for the week starting 1 August in the Upper House, reportedly said that the GST constitutional amendment bill will be taken up for consideration and passage in the RajyaSabha.. For the GST bill to become a law, the bill also needs to be approved by half the state assemblies after its passage in the parliament. GST, touted as the single biggest indirect taxation reforms since independence, will simplify and harmonise the indirect tax regime in the country. The month-long monsoon session of the parliament will conclude on 12 August 2016

Equity Benchmarks Strong Opening, Sensex Reclaims 28000 level

Stock Market started on a higher note in the morning trade on Friday. Benchmark indices are trading with fabulous leads. Sensex live at 28017 with 303 points hike and Nifty live at 8641 with 90 points lead. All the major sectors are trading in the positive zone. BSE Small Cap with 127 points hike live at 12255, BSE Midcap with 118 points hike live at 12605, Nifty Midcap currently on 14734 witk 139 points up and the Auto sector is leading of all with 244 points hike at 21253. Asian Market is trading mixed. Nikkei dropped 11 points to 16243, Hang Seng with 301 points up trading at 22134 and Shanghai Composite with 3 points down live at 2979 points. MCX and NCDEX market are showing the average movements. MCX Gold dropped 20 points to 31760 and Silver slided 127 points down to 47550. Crude Oil and Natural Gas with minor drop are trading at 2782 and 189 points respectively. Rmseed dropped 7 points to 4924, Soyabean had a minor drop of 2 points at 3628 and Cocudakl uplifted 9 points to 2547.