Monday, 20 May 2019

Closing Bell: Sensex, Nifty End At Record Closing High As Exit Polls Suggest Modi's Victory


Sensex was up 1,421.90 points or 3.75% at 39352.67, while Nifty was up 421.10 points or 3.69% at 11828.30. About 2013 shares have advanced, 613 shares declined, and 155 shares are unchanged.
Indiabulls Housing, Adani Ports, SBI and Tata Motors were among major gainers on the Nifty, while losers were Dr. Reddy’s Labs, Tech Mahindra, and Infosys. All the sectoral indices ended in green led by PSU banks, infra, auto, energy, FMCG, metal, and pharma. 

Call Us: +91 91111-79961

Rupee Opens At 2-Week High, Gains 73 Paise vs Dollar

The Indian rupee gained in the early trade on Monday. It opened higher by 73 paise at 69.49 per dollar on Monday versus previous close 70.22. Today, the USD-INR pair is expected to quote in the range of 69.20 and 69.90.

Opening Bell: Sensex, Nifty Open Higher


Sensex is up 558.40 points or 1.47% at 38489.17, and the Nifty up 281.60 points or 2.47% at 11688.80. Benchmark indices are trading higher in the pre-opening session with Nifty around 11,700.

Visit Dollar Advisory
Call Us: +91 91111-79961

Friday, 17 May 2019

Closing Bell: Nifty Ends Above 11,400, Sensex Jumps 537 Points


Sensex was up 537.29 points at 37930.77, while Nifty was up 150.10 points at 11407.20. About 1381 shares have advanced, 1112 shares declined, and 140 shares are unchanged. Zee Entertainment, Bajaj Finance, and Maruti Suzuki were among major gainers on the Nifty, while losers include Yes Bank, Dr. Reddy’s Labs, and Infosys.

Visit Dollar Advisory
Call Us: +91 91111-79961

PNB Housing Finance Falls 4% After PNB Calls Off Deal To Sell Stake

Shares of PNB Housing Finance fell more than 4 percent intraday on May 17 after its promoter company Punjab National Bank (PNB) terminated the share purchase agreement (SPA) entered into with Varde Holdings for the sale of the housing finance company. PNB had entered into an agreement for sale of 1,08,91,733 equity shares held in PNB Housing Finance to Varde Holdings at Rs 850 per share, aggregating to Rs 925.80 crore. 

Call Us: +91 91111-79961.

Thursday, 16 May 2019

Closing Bell: Nifty Ends Above 11,250, Sensex Gains 278 Points

Sensex was 278.60 points at 37,393.48, while Nifty was up 100.10 points at 11,257.10. About 1155 shares have advanced, 1296 shares declined, and 149 shares are unchanged.
Zee Entertainment, BPCL, IOC and Bajaj Finance were among major gainers on the Nifty, while losers were Yes Bank, IndusInd Bank, Coal India, and Cipla.


Call Us: +91 91111-79961

IndiGo In No Hurry To Fill Jet Airways' Space In European Market


India's largest air carrier IndiGo may not be in a tearing hurry to expand its international footprint to Europe and fill the gap created by the suspension of Jet Airways' operations. Though the airline had received slots in London's Gatwick airport and despite reports that flights to the UK capital could begin from March, IndiGo has reviewed its plans.

"We don't want to hurry and go aggressive internationally. Look at Jet Airways, it paid the price," said by senior officials. So it is clear that the airline doesn't want to hurry.

Call Us: +91 91111-79961.


Opening Bell: Sensex, Nifty Open Higher; Tata Motors Gains 4%


Sensex is up 57.54 points at 37172.42, while Nifty is up 15.50 points at 11172.50. About 389 shares have advanced, 232 shares declined, and 40 shares are unchanged.

J&K Bank, JSW Steel, Tata Steel, Tata Motors and Tata Global are among major gainers on the indices, while Indiabulls Housing, Coal India, ITC, HDFC Bank, Manappuram Finance are among major losers.


Call Us: +91 91111-79961

Wednesday, 15 May 2019

Closing Bell: Nifty Ends Below 11,200, Sensex Falls 203 Points


Sensex was down 203.65 points at 37114.88, while Nifty was down 75.80 points at 11146.20. About 980 shares have advanced, 1542 shares declined, and 174 shares are unchanged. Yes Bank, Tata Motors, JSW Steel and IndusInd Bank were the top losers on the Nifty, while gainers were Bajaj Finance, Eicher Motors, and Bajaj Finserv.

Visit Dollar Advisory
Call Us: +91 91111-79961

Rupee Opens Higher At 70.34 Per Dollar


The Indian Rupee opened higher by 10 paise at 70.34 per dollar on Wednesday versus previous close 70.44. The dollar-rupee May contract on the NSE was at 70.59 in the previous session. May contract open interest declined 5.04% in the previous session. We expect the USDINR to find support at lower levels.

Call Us: +91 91111-79961

Opening Bell: Nifty Opens Above 11,250, Sensex Gains 100 Points


Sensex is up 116.55 points at 37435.08, while Nifty is up 34.50 points at 11256.50. About 444 shares have advanced, 203 shares declined, and 21 shares are unchanged. It is a good start for the market on May 15 with Nifty opened above 11,250 level.

Visit Dollar Advisory
Call Us: +91 91111-79961.

Tuesday, 14 May 2019

Closing Bell: Sensex gains 227 points; PSU banks rally


Sensex was up 227 points at 37,318.53, while Nifty closed at 11,222, up 73.80 points. About 1223 shares have advanced, 1260 shares have declined, and 132 shares are unchanged. Except IT that fell over 1 percent, all sectoral indices were trading in the green. PSU Bank is the biggest gainer, surging over 3 percent.

Visit Dollar Advisory

Call Us: +91 91111-79961

Monday, 13 May 2019

Rupee Trades Lower At 70.13 Per Dollar

The Indian rupee is trading lower by 22 paise at 70.13 per dollar versus previous close 69.91. Rupee remained under pressure as uncertainty following trade tensions between US and China escalated. US President ordered to begin the process of imposing tariffs on all remaining imports from China, underscoring a lack of progress by US and Chinese negotiators. For More Information Please Visit : www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961 

Thursday, 9 May 2019

Rupee Opens Lower At Rs 69.88 Amid US-China Trade Tensions

The Indian Rupee opened lower on Thursday for the fourth straight session amid escalating US-China trade tensions. The Indian currency opened at Rs 69.88 against the US dollar today’s morning. Yesterday, it settled at Rs 69.71, down by 28 paise from the last settlement.
The Rupee depreciated on account of weakness in the domestic equities and US-China trade worries. According to experts, the rupee may continue to remain under pressure due to recovery in the dollar index. For More Information Please Visit : www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961

Tuesday, 7 May 2019

Asia Shares Linger Near 5-Week Low Amid Renewed US-China Trade Jitters

Asian shares wallowed near five-week lows on early Tuesday after U.S. President Donald Trump’s threat to raise tariffs re-ignited worries about U.S.-China trade tensions while Japan’s Nikkei opened down after a 10-day break. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped as much as 0.2 percent to five-week low marked on Monday. 
U.S. stock futures for the S&P 500 declined as much as 0.7 percent in Asia on Tuesday as top U.S. trade officials said China had backtracked on commitments in trade talks. 
For More Information Please Visit : www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961

Monday, 6 May 2019

Rupee Slips 24 Paise To 69.46 Vs US Dollar In Early Trade

The rupee depreciated by 24 paise to 69.46 against the US dollar in early trade Monday on increased demand for the US currency from importers and weak opening in domestic equities. The rupee opened weak at 69.38 at the interbank forex market and then fell further to 69.46, down 24 paise over its last close. The local currency however pared the initial loss and was trading at 69.41 at 0926 hrs. For More Information Please Visit : https://www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961

Friday, 3 May 2019

IT Stocks Trade Lower As Cognizant Cuts 2019 Revenue Guidance




Information technology (IT) stocks were trading in the negative intraday on May 3 after the US-based IT services company Cognizant almost halved its 2019 revenue forecast after missing first-quarter results estimates, on the back of muted demand for its financial and healthcare businesses.
At 11:21 hrs, the Nifty IT index was trading at 16,191.35, down 1.29 percent. All the constituent stocks were trading in the negative, with TCS being the biggest loser, down 2.05 percent.
Other major losers were, Tech Mahindra and HCL Technologies, down 1.68 percent and 1.51 percent, respectively.
For More Information Please Visit: www.dollaradvisory.com and Call: +91 911179961.

Asian Markets Calm As Investors Await US Jobs Report

Asian share markets were subdued on Friday amid thin holiday trade although the dollar found support as investors pared expectations for a U.S. rate cut this year while oil prices loitered near one-month lows on oversupply fears.
Australia’s benchmark index was last up 0.2 percent, New Zealand shares were off 0.5 percent while South Korea’s KOSPI slipped 0.3 percent. Trading volumes were light across Asia with markets in China and Japan still closed for holidays. https://www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961

Wednesday, 1 May 2019

Britannia Industries To Report Q4 Earnings On May 1



Britannia Industries will be announcing March quarter (Q4FY19) earnings on May 1. Kotak Institutional Equities Research is expecting the company to report a 20 percent jump in its fourth quarter adjusted net profit at Rs 316 crore, while net sales are likely to go up by 10 percent to Rs 2,801 crore.
Narnolia Financial Advisors is expecting Britannia Industries likely to report 16 percent jump in the company's Q4 net profit at Rs 307 crore, while sales are likely to go up by 10 percent at Rs 2,796 crore.
For More Information Please Visit: www.dollaradvisory.com and Call: +91 911179961.


Thursday, 25 April 2019

Telecom Shares Dip; RCom Slips Over 4%

Telecom shares were trading with losses in Thursday's afternoon session. Shares of Reliance Communications (down 4.74 per cent), Bharti Infratel NSE -7.23 % (down 3.29 per cent), Vodafone IdeaNSE -4.37 % (down 2.62 per cent) and Tejas Networks (down 1.19 per cent) were trading lower. 
The S&P BSE Telecom index was trading 0.56 per cent down at 1024.12. Benchmark NSE Nifty50 index was up 56.20 points at 11,782.35 while the BSE Sensex was up 131.55 points at 39,186.23. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 22 April 2019

Asia Stocks Firm, Crude Hits 5-Month High On Iran Sanctions Report

Asian stocks were steady on Monday as investors awaited the return of major financial markets from the Good Friday holiday, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 18 April 2019

Sensex, Nifty Hit New Record Highs; Reliance Industries Up 2%

The Sensex and Nifty moved to fresh record highs on Thursday morning, tracking positive global cues. The Sensex hit a new all-time high of 39,487.45, up 212 points from previous close. The Nifty touched a new high of 11,856.15. Shares of billionaire Mukesh Ambani-led Reliance Industries jumped by more than 2% at Rs 1,375.50, ahead of its Q4 results scheduled to be reported today. Shares of private sector airline slumped by 10% to Rs 216.45 on NSE. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 16 April 2019

Rupee Opens Lower At 69.49 Per Dollar

The Indian rupee opened lower by 7 paise at 69.49 per dollar on Tuesday versus 69.42 yesterday. On Monday the rupee declined by 25 paise to close at 69.42 against the US dollar as forex traders turned cautious in a holiday-truncated week. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 15 April 2019

Japan stocks scale 4-month peak on strong Global Equities

Japan's Nikkei share average and the broader Topix both scaled four-month highs on Monday, boosted by a surge in global equities and a weaker yen. 
The Nikkei ended the day 1.37 percent higher at 22,169.11 after touching 22,211.03, its highest since Dec. 4. Japanese shares were lifted after the S&P 500 closed within one percent of September's record high on Friday, buoyed by JPMorgan's strong earnings. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 11 April 2019

Asian Shares Pause Near 8-Month High, Dollar Weakens

Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest rates will stay lower for longer after a dovish turn by the European Central Bank and milder than expected U.S. inflation. The British pound was little changed after European leaders agreed to extend the deadline for UK to leave the union to the end of October, averting a potential crash out of the bloc on Friday with no divorce deal. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 10 April 2019

Asian Stocks Slip From 8-Month High As New Trade War Front Opens

Asian shares slipped from eight-month highs on Wednesday as the International Monetary Fund lowered its global growth outlook and as tensions over tariffs between the United States and Europe escalated. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.3 percent, a day after it hit its highest since Aug. 1. The Shanghai Composite Index fell 0.55 percent and Japan’s Nikkei lost 0.7 percent.
On Wall Street, the S&P 500 gave up 0.61 percent and the Nasdaq Composite declined 0.56 percent on Tuesday. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 8 April 2019

The Indian Rupee Opened Lower

The Indian rupee opened lower by 11 paise at 69.33 per dollar on Monday versus 69.22 Friday. Benchmark indices are trading higher in the pre-opening session on Monday.
The Sensex is up 73.56 points or 0.19% at 38935.79, and the Nifty up 41.20 points or 0.35% at 11707.20. It is a positive start for the Indian indices on Monday with Nifty above 11,700 level.
For More Information Please Visit: www.dollaradvisory.com and Call: +91 9111-179961



Friday, 5 April 2019

Rupee Opens Higher At 69.07 Per Dollar

The Indian rupee opened higher by 9 paise at 69.07  per dollar on Friday against previous close 69.16. 
Indian markets opened higher today with Sensex up over 100 points while Nifty edged closer to 11,650. Asian markets were mostly higher today on hopes of a US-China trade deal. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 28 January 2019

Rupee Gains 21 Paise In Early Trade To 70.96 Per US Dollar

The Indian rupee gained as much as 21 paise in the early morning trade on Monday to 70.96 per US dollar from the previous close of 71.17 per US dollar. The domestic currency today opened at 70.96 per US dollar, up 21 paise from the previous close, data available with the Bloomberg website showed. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 25 January 2019

Rupee Opens Higher At 71 Per Dollar

The Indian rupee opened higher at 71 per dollar on Friday against previous close 71.07.
Rupee rose in the latter half of the session and is currently trading at the lower band of the range. The currency rose against the US dollar primarily after global crude oil prices started to come under pressure. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 9 January 2019

Rupee Gains 17 Paise To 70.04 Per US Dollar In Early Morning Trade

Indian rupee gained strength and rose as much as 17 paise in the early morning trade on Wednesday against US dollar, tracking gains in Asian markets and positive global cues. The domestic currency opened higher by about 16 paise at 70.05 per US dollar from the yesterday’s close of 70.20 per US dollar.  In debt markets, the 10-year government bond yield was trading at 7.53% from its previous close of 7.532%. Bond yields and prices move in opposite directions. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Tuesday, 8 January 2019

Rupee Opens Lower At 69.80 Per Dollar

The Indian rupee opened lower by 12 paise at 69.80 per dollar on Tuesday against previous close 69.68. The dollar-rupee January contract on the NSE was at 69.82 in the previous session. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Monday, 7 January 2019

Rupee Gains 30 Paise In Opening, Trades At 69.42 Per Dollar

The Indian rupee gain in the early trade on Monday. It has opened higher by 30 paise at 69.42 per dollar versus Friday's close 69.72.
Rupee rose against the US dollar ahead of the important non-farm payrolls number that was released later on Friday. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Friday, 4 January 2019

Rupee Jumps 31 Paise Against US Dollar In Early Morning Trade

Indian rupee jumped as much as 31 paise against the US dollar in early morning trading on Friday, amid fall in crude oil prices and weaker US currency. The domestic currency today opened at 69.96 per US dollar, up about 21 paise from its previous close of 70.17 per US dollar. The Indian currency was trading at 69.90 per US dollar, after touching an intraday high of 69.86 per US dollar and an intraday low of 69.98 per US dollar, according to data available with the Bloomberg website. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Thursday, 3 January 2019

Rupee Falls 30 Paise To 70.47 Per Dollar In Early Trade; Hits Fresh 2-Week Low

Indian rupee dropped for the second consecutive session on Thursday, hitting a fresh two-week low, strong dollar against major global currencies overseas and heavy selling in domestic equities. The domestic currency opened 12 paise weaker on Thursday at 70.29 per US dollar, after crashing about 75 paise to close at 70.17 against the US dollar on Wednesday. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996