Nifty Sensex Under Pressure 7 November 2014

In Friday mid noon session, market is an under pressure and consolidate. Nifty move down to 1.25 point at 8337.05 value and sensex move down to 53.43 point at 27862.45 value. In 50 shares index, About 24 shares have advanced, 26 shares have declined and zero shares have unchanged.

Dr, Reddy and DLF move up to 5.50 point while Hero Motocorp laggards 2.45 point.

DLF surged nearly 6 percent as the Securities Appellate Tribunal or SAT has allowed the realty major to redeem Rs 1,806 crore from mutual funds till next month. Meanwhile Hero Motocorp lost 2.5 percent as 2.9 percent equity shares changed hands today and most likely Bain Capital was the seller.

Top gainers is Dr. Reddy, DLF, Zee Entertainment, BPCL, Axis Bank, Hindalco, ACC, Sun Pharma.

Top losers is Hero Motocorp, GAIL, NMDC, BHEL, Asian Paint, SSLT, ITC, SBI.

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Nifty Sensex Sluggish 7 November 2014

In Friday, Nifty Sensex sluggish, The market is on losing spree. Nifty move down to 25.10 point at 8313.20 and Sensex move down to 116.16 point at 27799.72 value. In 50 shares index, About 26 shares have advanced, 24 shares have declined and zero shares have unchanged.

Globally, Asian markets are mostly higher on assurance from the European Central bank to do more to fuel growth and confirmation from the Chinese central bank that it injected liquidity into the banking system.

DLF move up to 5 percent and Zee Entertainment, BPCL move up to 3 percent.

Top gainers is DLF, BPCL, Zee Entertainment, Axis Bank, Dr. Reddy, ACC.

Top losers is Hero Motocorp, Asian Paint, NMDC, GAIL, HDFC Bank, Kotak Bank.

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Nifty Declined 26 point, DLF Gain 4.89 Percent

Today, In morning session Nifty opened flat after that breaks 8300 value, Nifty declined 28 point and sensex declined 100 point. Nifty move down to 28.20 point at 8310.10 and sensex move down to 100.55 point at 27815.33 value. In 50 shares index, About 23 shares have advanced, 27 shares have declined and zero shares have unchanged.

This is a market in which investors should buy on dips feels Vibhav Kapoor, Group Chief Investment Officer, IL&FS. In an interview to CNBC-TV18, Kapoor said the market was right now banking on hope and trying to discount FY16 numbers instead of FY15 numbers, be it macro or corporate earnings.

Top gainers is DLF, Zee Entertainment, Dr Reddys, Axis Bank, ACC, BPCL.

Top losers is NMDC, Hero Motocorp, Kotak Bank, Asian Paint, GAIL HDFC Bank.

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Nifty Futures Outlook 7 November 2014

Nifty futures closed at record high for fourth consecutive session. Slew of economic reforms recently announced by the government along with decline in global crude oil prices aided the buying interest of the investors. Nifty futures closed at 8380 with a high of 8312. Nifty for next trading session would have the resistance of 8415 if it breaks this level than having the next resistance of 8490 and in down side having the support of 8360 if it breaks this level than having the next support of 8310.

Trading Strategy- Buy on Dips.

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