Asian Markets Update-Sai Proficient

Asian Stocks sagged on Thursday after a tech-led retreat on Wall Street while the safe haven yen was broadly lower against the dollar on Thursday amid perceived progress on North Korea issues.

Japan’s Nikkei rose 0.6 percent with the weaker yen supporting exporter shares while South Korea’s KOSPI added 0.1 percent.

Shanghai rose 0.05 percent, Hong Kong’s Hang Seng fell 0.35 percent and Australian stocks shed 0.4 percent.
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Wall Street closes lower in rocky session on Amazon losses-Sai Proficient

Wall Street closed lower after a rocky session on Wednesday as gains in consumer staples and healthcare were offset by a sharp drop in Amazon shares and a continuing slide in technology stocks.

The DowJones Industrial Average fell 9.29 points, or 0.04 percent, to 23,848.42, the S&P 500 lost 7.62 points, or 0.29 percent, to 2,605 and the Nasdaq Composite dropped 59.58 points, or 0.85 percent, to 6,949.23.

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Sensex falls 160 points, close to Nifty 10120-Sai Proficient

Due to poor global signals, the Indian markets have also started weakening. Sensex and Nifty are showing a decline of 0.5%. Nifty dived to 10,120 while Sensex slipped to 33,05.6.

Mid-caps and smallcap stocks are also being sold. BSE's mid-caps index dropped 0.3%, while the mid-cap index of the Nifty 100 index declined 0.5%. BSE's smallcap index has rolled 0.5%.

Metal, banking, IT, Capital Goods, Oil & Gas Power and Realty stocks are among the highest sellers. Bank Nifty is down 0.7% and is trading at 24,266 level.

Meanwhile, Hindalco, Tata Steel, Vedanta, Adani Ports, HPCL, SBI, Yes Bank and NTPC have fallen by 2.3-1.1% during the trade in the market. However, in the giants, Indiabulls Housing, Tech Mahindra, Lupine, Bajaj Finance, Tata Motors, Wipro and Tata Motors DVR have increased by 0.8-0.3%.

Among the mid-cap stocks, Vikrami, Jindal Steel, IDBI Bank, Reliance Communications and Adani Power have risen 5-2.6%. However, Berger Paints, Biocon, Oberoi Realty, Container Corp and Emami have risen 3.2-1% in the midcap stocks.

Quality in smallcap stocks, Indocho Remedies, Persistent, Fortis Health and Talvalkar's fitness are broken up to 20-5%. However, messages in Smallcap Shares, Walchandnagar, Oriental Weinier, RPP Infra and Modern Industries have risen 14.6-4.3%.

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Asian Markets Update-Sai Proficient

Asian markets traded lower on Monday, following a global sell-off late last week amid fears that rising tensions between the United States and China could lead to a full-blown trade war.

In Australia, the benchmark ASX 200 opened lower, trading down 0.57 percent at 5,787.4 in morning trade. The heavily weighted financial sector was down 0.81 percent.

In Japan, the Nikkei 225 fell 1.02 percent in early morning trade. The Topix index was down 0.83 percent. Across the Korean Strait, the Kospi fell 0.41 percent.

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Asian Stocks sink as trade tensions escalate; yen firms-Sai Proficient

Asian Markets slumped on Friday, tracking sharp falls in US and European stocks, which took a hit on fears of a potential trade war.

In Tokyo, the Nikkei 225 fell 3.59 percent in the morning after earlier dropping to its lowest levels in around five months. Major exporters were downbeat, with Toyota falling 2.57 percent and Sony losing 3.02 percent.

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Asian Markets Update-Sai Proficient

A hush settled over financial markets on Wednesday as investors waited to hear how often the Federal Reserve might hike US rates this year, while the currencies of exporting nations were rattled by fears of a full-blown trade war.

MSCI’s broadest index of Asia-Pacific shares outside Japan was barely changed after four straight days of losses. E-Mini futures for the S&P 500 were slightly softer.

Japan’s Nikkei was closed for a local holiday while Australian shares were up 0.4 percent.

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Minor Fall in Sensex-Sai Proficient

Nifty 10070, minor fall in Sensex

Beginning with the weakness of domestic markets. In the initial trading, the Nifty dived to 10,049.1 while the Sensex slipped to 32,811. Sensex and Nifty have seen a decline of 0.25% in trading.

There is also pressure in mid-caps and smallcap stocks. BSE's mid-caps index dropped 0.5%, while the mid-cap index of the Nifty 100 index declined 0.4%. BSE's smallcap index has rolled 0.6%.

At the moment, BSE's 30-share index Sensex has dropped 75 points, or 0.25%, to 32,848 levels. NSE's 50-share index, Nifty, is trading at 10,066 level with a decline of 28 points i.e. 0.3%.

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Stock Market Trading Strategy for Beginners-Sai Proficient

Stock market and commodity markets seem to be an important avenue for people who want to earn good profits by investing small capital. Trading in the market is always associated with deep risks. There are equal opportunity of profits and loss in the stock market and Commodity Market Trading. 

Thus it is always advised to the trader that he must follow some strategy and then only start trading. Also he should master the trading by doing paper trade and practicing the strategy. Once he is confident about the strategy then only the trader should start trading with real money.

There are many Strategies that a trader can follow. He can use first hour strategy, pair strategy, gap strategy or spread technique of trading. The trader can follow other strategies also, besides these strategies. The spread technique mentioned above is an important and very conservative strategy for stock and Commodity Market Trading. 

In spread technique two similar stocks are identified. In one stock buy trade is initiated and in other stock sell call is initiated. The difference between the buy and the sell levels is known as spread. Thus when the stock goes up there is profit in one stock and loss in other stock. Up to the time when one stop loss is triggered there is no profit and no loss situation. When the trend continues in the same direction there is profit incurred in this case. 

Similarly if the market goes down there is no profit and no loss until one of the Stop Loss is triggered. After this if the trend continues in the lower direction there is profit incurred in this case also. Thus in both the cases of market going up or down there is profit incurred. That is why this technique is considered to be a conservative one.

For the trader who is new to the stock market they can rely on stock market tips from the Advisory Firm. These advisory firms also have analysts who also work on technical analysis and above mentioned strategies. 

There are many Strategies That a traders can follow. He can use first hour Strategy, pair strategy, gap strategy or spread technique of trading. The trader can follow other Strategies also, besides these strategy. 

The spread technique mentioned above is an important and very conservative strategy for stock and commodity market trading. In spread technique two similarly stocks are identified. In one stock buy trade is initiated and in other stock sell call is initiated. 

The difference between the buy and the sell levels is known as spread. Thus when the stock goes up there is profit in one stock and loss in other stock.

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S&P falls for fourth day as Mueller subpoena weighs-Sai Proficient

The Dow Jones Industrial Average rose 115.54 points, or 0.47 percent, to close at 24,873.66, the S&P 500 lost 2.15 points, or 0.08 percent, to 2,747.33 and the Nasdaq Composite dropped 15.07 points, or 0.2 percent, to 7,481.74.

The S&P 500 ended slightly lower on Thursday after a report that US Special Counsel Robert Mueller had issued a subpoena for documents related to US President Donald Trump’s businesses offset strong jobs and manufacturing data.

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Market Live: Sensex extends losses after TDP quits NDA govt; Nifty tests 10,300-Sai Proficient

Benchmark indices fell further amid political upheaval after the Telugu Desam Party (TDP) formally decided to quit the NDA government.

The 30-share BSE Sensex was down 192.96 points at 33,492.58 and the 50-share NSE Nifty declined 57.90 points to 10,302.30.

The midcaps also erased early gains to trade flat.

Nifty Metal was the biggest loser among sectoral indices, falling over 1 percent followed by FMCG, Auto, Bank and IT.

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Stocks in the news: Infosys, Vedanta, TCS, GTL Infra, IDFC Bank, Filatex India, SpiceJet-Sai Proficient

Infosys

-Clarification on allegation by CBI on fake CA fraud case
-Company says that it is not named as accused party in the FIR and CBI has not contacted them as well

IndiGo

-Response on penalty imposed by Competition Commission of India (CCI)
-Company has not violated any provisions of the Competition Act, 2002
-They are reviewing the order and considering to go for appeal

L&T Financial Services

-Approval of financial statement for nine month ended December, 2017
-Approval for opening of QIP; floor price Rs 161.79 per equity share

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Market Live: Nifty struggles below 10,200; banks, oil stocks drag; ITC, HCL Tech outperform-Sai Proficient

Benchmark indices remained under pressure in afternoon as the Sensex fell 170.21 points to 33,146.99, weighed largely by banks and oil stocks.

The Nifty continued to trade below the 10,200 levels, falling 62.30 points to 10,187.

Reliance Industries, ICICI Bank, SBI, Adani Ports, Vedanta, L&T, ONGC and Bharti Airtel slipped 1-3 percent. HDFC Bank declined 0.6 percent.

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Asian Markets Update-Sai Proficient

Asian Markets traded mixed on Wednesday, as risk appetite appeared to recover slightly after taking a knock earlier on news that a top Trump economic advisor would be resigning.

The Nikkei 225 hovered around the flat line, paring losses after earlier sliding around 1 percent.

South Korea’s Kospi reversed early losses to edge higher by 0.62 percent on strength in the technology and manufacturing sectors, with heavyweight Samsung Electronics advancing 3.19 percent. Steelmaker Posco rose 1.43 percent.

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Wall Street gains even as trade war worries dominate-Sai Proficient

The DowJones Industrial Average rose 9.36 points, or 0.04 percent, to close at 24,884.12, the S&P 500 gained 7.18 points, or 0.26 percent, to 2,728.12 and the Nasdaq Composite added 41.30 points, or 0.56 percent, to 7,372.01.

The S&P 500 posted 21 new 52-week highs and no new lows; the Nasdaq Composite recorded 132 new highs and 17 new lows.

Volume on US exchanges was 6.87 billion shares, compared to the 8.07 billion average for the last 20 trading days.

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Asian Markets Update-Sai Proficient

Asian markets edged lower and the euro slipped early on Monday. Meanwhile, Wall Street finished mostly higher in the last session as markets continued to focus on recently announced metals tariffs.

Japan’s Nikkei 225 edged down 0.56 percent in early trade amid the firmer yen.

The Dow Jones industrial average closed lower by 0.29 percent, or 70.92 points, at 24,538.06. Other indexes closed in positive territory: The S&P 500 ended the day up 0.51 percent at 2,691.25, with health care shares the best performers.

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