F&O Market Update-Sai Proficient

FII net buy Rs 783 crore in Index Future

FII net buy Rs 1016 crore in Index Options

FII net buy Rs 428 crore in Stock Future

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visit@ http://www.saiproficient.com/freeTrial.aspx

US Markets Update-Sai Proficient

US stocks suffered on Tuesday their biggest daily drops since the selloff three weeks ago after comments from Federal Reserve Chairman Jerome Powell revived fears about more interest-rate increases than expected this year.

The Dow Jones Industrial Average fell 299.24 points, or 1.16 percent, to 25,410.03, the S&P 500 lost 35.32 points, or 1.27 percent, to 2,744.28 and the Nasdaq Composite dropped 91.11 points, or 1.23 percent, to 7,330.35.
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Indian ADRs-Sai Proficient

Indian ADRs ended mostly higher on Monday.

In the banking space,

ICICI Bank was up 0.30 percent at USD 10.06 and HDFC Bank gained 0.74 percent at USD 100.08.

In the IT space,

Infosys was down 1.56 percent at USD 17.68 and Wipro shed 1.45 percent at USD 5.45.

In the other sectors,

Tata Motors gained 3.39 percent at USD 28.98 and Dr Reddy’s Laboratories added 1.43 percent at USD 34.07.

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US Markets Update-Sai Proficient

US stocks rose to more than three-week highs on Monday, recovering much of the losses sustained in a sell-off earlier this month, as a decline in Treasury yields assuaged investor concerns about rising interest rates and refocused attention on economic growth.

The Dow Jones Industrial Average rose 399.28 points, or 1.58 percent, to 25,709.27, the S&P 500 gained 32.3 points, or 1.18 percent, to 2,779.6 and the Nasdaq Composite added 84.07 points, or 1.15 percent, to 7,421.46.

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Sensex extends gains to over 200 points, Nifty around 10,550; auto surges-Sai Proficient

The market has extended its gains from opening tick and is witnessing an upmove of over half a percent.

The Sensex is up 185.56 points or 0.54% at 34327.71, while the Nifty is up 56.00 points or 0.53% at 10547.00. The market breadth is positive as 1432 shares have advanced, against a decline of 537 shares, while 158 shares are unchanged.

Dr Reddy’s Labs and Sun Pharma are the top losers on both indices, while gains are seen in auto stocks such as Bajaj Auto and Tata Motors.

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F&O cues-Sai Proficient

Nifty 10300 Put added 9.5 lakh shares in Open Interest on February 23

Nifty 10400 Put added 8.47 lakh shares in Open Interest

Nifty 10500 Call added 8.21 lakh shares in Open Interest

Nifty 10800 Call added 4.55 lakh shares in Open Interest

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Asian Markets Update-Sai Proficient

Asian markets rose early on Monday, tracking gains seen on Wall Street as US bond yields receded from recent four-year highs in the last session.

Japan’s Nikkei 225 soared 292.69 points, or 1.34 percent, with technology stocks, financials and automakers higher on the day. Among index heavyweights, SoftBank Group jumped 1.79 percent and Fast Retailing rose 1.34 percent.

Elsewhere, South Korea’s benchmark Kospi added 0.42 percent while the junior Kosdaq saw more significant gains, climbing 1.05 percent in early trade.

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US Markets Update-Sai Proficient

US stocks advanced on Thursday, putting major indexes on track to snap a recent spate of declines, buoyed by gains in industrial and energy shares as US Treasury yields eased.

The Dow Jones Industrial Average rose 252.78 points, or 1.02 percent, to 25,050.56, the S&P 500 gained 13.22 points, or 0.49 percent, to 2,714.55 and the Nasdaq Composite added 15.53 points, or 0.22 percent, to 7,233.76.

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Sensex rises over 150 pts metals, IT stocks in the green-Sai Proficient

Benchmark indices extended gains with the BSE Sensex rising over 157 points and the Nifty recapturing the 10,400-level on buying by investors in Metal, capital goods and IT stocks amid a mixed trend at other Asian markets.

The 30-share Sensex was up by 157.24 points, or 0.46 percent, to 33,931.90. The index had lost 522.81 points in the previous two sessions.

Overseas, Asian stocks were trading mixed as Treasury yields climbed back toward recent four-year highs. Chinese markets will reopen on Thursday, 22 February. US markets remained closed yesterday, in observance of Presidents Day.

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Asian Markets Update-Sai Proficient

Asian markets rose in morning trade on Monday, after the U.S.’s S&P 500 extended its winning streak on Friday to six days. Markets in the Greater China region remain closed for the Lunar New Year holiday.

Japan’s Nikkei 225 rose 1.13 percent in early trade, while the Topix index was up 1.2 percent. South Korea’s Kospi index gained 0.87 percent.

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F&O Cues-Sai Proficient

Nifty 10600 Call added 9.56 lakh shares in Open Interest on February 14

Nifty 10500 Put added 4.4 lakh shares in Open Interest

Nifty 10500 Call added 3.2 lakh shares in Open Interest

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Sensex off opening highs; PSU Bank index down 2%, heavyweights gain-Sai Proficient

PSU banks came under pressure in morning after the Reserve Bank of India (RBI) has revised the new stressed assets framework asking banks to resolve defaults within 180 days.

Further, starting February 23, banks must immediately identify the defaults and make disclosures every Friday to the RBI credit registry.

Reacting to the news, public sector banks got hammered the most in morning trade. The Nifty PSU Bank index slipped 2 percent compared to 0.5 percent fall in the Nifty Bank index, and 0.5 percent decline seen in Nifty Private Bank index.

In the PSU Bank index, Punjab National Bank slipped 4 percent, followed by Bank of India which was down 4 percent, State Bank of India slipped 1.7 percent, IDBI Bank was down 2.7 percent, and Syndicate Bank slipped 2.6 percent so far in the trade today.

The revised stressed asset framework would lead to accelerated and early recognition of NPAs in the banking system and would require higher provisioning expense, suggest experts.

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Indian ADRs-Sai Proficient

Indian ADRs ended lower on Tuesday.

In the IT space,

Infosys shed 0.91 percent at USD 17.46 and Wipro was up 0.75 percent at USD 5.36.

In the banking space,

ICICI Bank fell 0.29 percent at USD 10.18 and HDFC Bank was down 0.08 percent at USD 101.36.

In the other sectors,

Tata Motors was down 0.14 percent at USD 28.63 and Dr Reddy’s Laboratories was down 0.06 percent at USD 34.

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FIIs in F&O-Sai Proficient

FII net sell RS 1481 crore in Index Future

FII net sell Rs 760 crore in Index Options

FII net buy Rs 38 crore in Stock Future

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Asian Markets Update-Sai Proficient

Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3 percent after sliding to its lowest level since Dec. 11 on Friday.

Australian stocks rose 0.2 percent and South Korea’s KOSPI climbed 0.9 percent. Japan’s Nikkei added 0.75 percent.

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US Markets Update-Sai Proficient

U.S. stocks rose on Monday as the major indexes rebounded from their worst weekly performances in two years.

The Dow Jones industrial average closed 410.37 points higher at 24,601.27 and rose as much as 574.26. DowDuPont and Apple were the best-performing stocks in the Dow, advancing 3.4 percent and 4 percent, respectively.

The Dow and S&P 500 both pulled back 5.2 percent last week, notching their worst weekly declines since January 2016. The Nasdaq composite, meanwhile, dropped 5.1 percent, marking its biggest one-week pullback since February 2016. The indexes also dipped into correction territory.

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Sensex tanks 400 pts all sectoral indices in the red barring metals-Sai Proficient

Benchmark indices continued to trade lower in morning, with the Sensex falling 439.82 points or 1.28 percent to 33,973.34, and the Nifty declining 133.90 points or 1.27 percent to 10,443.

About 1,405 shares declined against 803 advancing shares on the BSE.

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F&O Cues-Sai Proficient

Nifty 10500 Put added 9.5 lakh shares in Open Interest on February 8

Nifty 10400 Put added6.2 lakh shares in Open Interest

Nifty 10300 Put added 5.9 lakh shares in Open Interest

Nifty 10600 Call shed 4.6 lakh shares in Open Interest

Nifty 11000 Call shed 3.4 lakh shares in Open Interest

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Asian Markets Update-Sai Proficient

Asian stocks tumbled on Friday after Wall Street shares suffered yet another big slide amid worries over rising bond yields, while perceived havens such as the yen and Swiss franc drew demand amid the turmoil.

Japan’s Nikkei sagged 3 percent, en route for a weekly loss of 8.6 percent.

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.8 percent.

The index, which had hit a record high on Jan. 29, was on track for its sixth straight day of losses and stood to lose about 6 percent on the week. Australian shares lost 1.7 percent and South Korea’s KOSPI fell 2.3 percent.

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US Markets Update-Sai Proficient

US stocks plunged around 4 percent on Thursday in another dramatic session, confirming a correction that has thrown the market’s nearly nine-year bull run off course.

The Dow Jones Industrial Average fell 1,032.89 points, or 4.15 percent, to 23,860.46, the S&P 500 lost 100.66 points, or 3.75 percent, to 2,581 and the Nasdaq Composite dropped 274.83 points, or 3.9 percent, to 6,777.16.

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Nifty reclaims 10,600, Sensex rises 400 pts HDFC twins, Infosys lead-Sai Proficient

Benchmark indices extended gains despite mixed Asian cues. The Sensex surged more than 400 points and the Nifty reclaimed 10,600 levels.

All sectoral indices traded in the green. Nifty Bank, Auto, IT, Pharma and Realty indices gained 1-3 percent.

Midcaps also participated in the rally, with the Nifty Midcap rising over a percent as about five shares advanced for every share falling.

Benchmark indices extended gains in morning driven by index heavyweights like Infosys, HDFC twins and Reliance Industries.

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US Markets Update-Sai Proficient

US stocks ran out of steam on Wednesday after an early surge, in a sign that investors are still spooked by the market’s recent retreat and wary more fallout is to come.

The Dow Jones Industrial Average fell 19.42 points, or 0.08 percent, to 24,893.35, the S&P 500 lost 13.48 points, or 0.50 percent, to 2,681.66 and the Nasdaq Composite dropped 63.90 points, or 0.9 percent, to 7,051.98.

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Indian ADRs-Sai Proficient

Indian ADRs ended higher on Tuesday.

In the banking space,

ICICI Bank rose 4.77 percent at USD 10.55 and HDFC Bank was up 0.46 percent at USD 100.75.

In the IT space,

Infosys gained 0.58 percent at USD 17.47 and Wipro rose 0.57 percent at USD 5.33.

In the other sectors,

Tata Motors advanced 3.91 percent at USD 29.26 and Dr Reddy’s Laboratories added 3.18 percent at USD 33.06.

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Sensex, Nifty Bank sink 1,000 pts on global sell-off Vakrangee dips 10%- Sai Proficient

India’s gold demand grew by 9.1 percent to 727 tonne in 2017 due to low prices coinciding with Dhanteras, positive economic backdrop and improved consumer sentiment especially in rural areas, according to a World Gold Council (WGC) report.

The total demand stood at 666.1 tonnes in 2016, WGC said in its latest Gold Demand Trends report.

Vakrangee continued its downtrend for another session, falling 10 percent, taking seven consecutive days loss to more than 60 percent.

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Indian ADRs-Sai Proficient

Indian ADRs plunged in Monday trade.

In the IT space,

Infosys slipped 2.14 percent at USD 17.37 and Wipro shed 2.93 percent at USD 5.30.

In the banking space,

ICICI Bank fell 2.23 percent at USD 10.07 and HDFC Bank was down 2.82 percent at USD 100.29.

In the other sectors,

Tata Motors declined 5.34 percent at USD 28.16 and Dr Reddy’s Laboratories.

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Asian Markets Update-Sai Proficient

Asian indexes tumbled early on Tuesday, mirroring massive losses seen stateside in the last session when the Dow fell more than 1,100 points and the S&P saw its worst day in six years.

Japan’s Nikkei 225 was down 4.95 percent as stocks across sectors pulled back. Automakers, financials and technology names were lower in the morning, with Toyota down 3.77 percent.

Across the Korean Strait, the Kospi declined 2.26 percent. Blue chip technology names were lower, with Samsung Electronics and SK Hynix down 1.63 percent and 1.85 percent early in the session. Among automakers, Hyundai Motor traded briefly in positive territory, but later slipped 0.63 percent.

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Market Live: Sensex dives, Midcap index outperforms Nifty; Tata Motors extends gains

Shares of Brooks Laboratories gained 5.7 percent intraday as the company received certificate for good manufacturing practice.

The company share recovered percent 12.5 from the intraday low and 52-week low of Rs 91.50.

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Gold Rate Today: Gold futures gain 0.56% on global cues-Sai Proficient

Frontline as well as broader indices were off their opening lows due to short covering.

The 30-share BSE Sensex was down 348.96 points or 1.00 percent at 34,717.79 and the 50-share NSE Nifty fell 106.70 points or 0.99 percent to 10,653.90.

About five shares declined for every share rising on the BSE.

All sectoral indices were in the red but were off day’s lows.

Bharti Airtel was the top gainer among Nifty 50 stocks, rising 3.5 percent as Singtel will invest Rs 2,649 crore in promoter company, Bharti Telecom via preferential issue.

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Sensex recovers, Nifty nears 10,700; RIL rebounds, Tata Motors leads-Sai Proficient

Benchmark indices recovered more than half of its opening losses, driven by technology, oil stocks and Tata Motors.

The recovery was on expected lines as the Sensex shed more than 1,300 points from Friday session.

The 30-share BSE Sensex was down 240.70 points or 0.69 percent at 34,826.05 and the 50-share NSE Nifty fell 76 points or 0.71 percent to 10,684.60.

Tata Motors, Colgate Palmolive, Ujjivan Financial Services, Bosch, Ador Welding, Alkyl Amines, Astrazeneca Pharma, Century Plyboards, Cochin Shipyard, BASF, Cosmo Films, ENIL, Eveready Industries, Greaves Cotton, HUDCO, IFCI, Igarashi Motors, JSW Holding, Kalyani Steels, MM Forgings, Mcleod Russel, Mold-Tek Packaging, Omkar Specialty chemicals, Panama Petrochem, Sheela Foam, Timken, Themis Medicare, Tribhovandas Bhimji Zaveri, Usha Martin, Weizmann Forex and Westlife Development will announce earnings today.

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Asia markets trade lower; major indexes in Japan, South Korea, Australia and China fall-Sai Proficient

Asia markets fell across the board in Monday  morning trade, following a sharp decline in US stocks on Friday amid a stronger-than-expected jobs report that sent interest rates higher.

In Australia, the ASX 200 fell 1.41 percent to 6,034.80 in late-morning trade, with most sectors trading lower. The heavily weighted financial subindex was down 1.26 percent, while the energy and materials sectors fell 2.39 percent and 1.96 percent, respectively.

The biggest banking names in the country fell: Shares of ANZ were down 1.48 percent, Commonwealth Bank declined 1.15 percent, Westpac was down 1.45 percent and the National Australia Bank fell 1.42 percent.

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