Nifty closes around 10750, Sensex recovers 80 points-Sai Proficient

The first trading day market for the June series has started with increase. Nifty has managed to cross over 10,750 while the Sensex has gained 100 points. Sensex and Nifty are trading at about 0.25%.

There is an environment of slowdown in mid-caps and smallcap stocks. The BSE Mid-Cap index has increased 0.1%, while the Nifty mid-cap 100 index is flat. The BSE's Smallcap index is also flat.

Shopping in auto, IT, pharma, consumer durables and realty stocks is showing. However, banking, FMCG, power and oil and gas shares are under pressure. Bank Nifty is trading at a level of 26,886 with a decline of 0.25%.

During the business turnover, ICICI Bank, Bajaj Auto, Indiabulls Housing, Maruti Suzuki, BPCL, Sun Pharma and Tata Motors have risen 4.2-1%. However, ONGC, IndusInd Bank, Kotak Mahindra Bank, HDFC Bank, Power Grid and Adani Ports have fallen 3-1.2% in the giants.

In the mid-caps, Vakrangi, LIC Housing, IDFC Bank and Marico have risen 4.9-1.3%. However, Amara King Batteries, Oracle Financial Services, Amphassis, Home Finance and Reliance Power have risen 3.1-1.4% in mid-cap stocks.

Among the smallcap stocks, Jindal Poly, Manufacturing Beverages, Modern Industries and G Lear have grown 6-4.6%. However, development in smallcap stocks Eko, Nandan Denim, DCW, Atlanta and Acciscades engineering have broken up to 12.2-7The first trading day market for the June series has started with increase. Nifty has managed to cross over 10,750 while the Sensex has gained 100 points. Sensex and Nifty are trading at about 0.25%.

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Asia stocks bounce, euro pulls off lows as Italy anxiety ebbs-Sai Proficient

Asian stocks rebounded from a two-month trough on Thursday, while the euro enjoyed a respite after sinking to its lowest in 10 months as political turmoil in Italy that had roiled global financial markets showed signs of easing.

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Nifty crosses 10650; Sensex rises 125 points-Sai Proficient

On the strength of good global signals, the domestic markets are getting bullish. In early trading, the Sensex and the Nifty gained more than 0.25%. In this fast-moving environment, the Nifty managed to cross 10,650, while the Sensex gained about 250 points.

Shopping is also seen in mid-caps and smallcap stocks. BSE's mid-cap index has gained 0.4%, while the mid-cap 100 Index of Nifty has gained 0.4%. BSE's smallcap index has gained 0.4%.

At the moment, BSE's 30-share index Sensex is trading 126 points, or 0.4%, and is trading at 35,032 level. On the other hand, NSE's 50-share index Nifty is trading 34 points, which is 0.3%, at 10,649 levels.

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Asian stocks tumble as Italian crisis knocks global sentiment-Sai Proficient

Asian shares extended a global sell-off in early trading Wednesday as Italy’s political crisis provoked a heavy retreat on Wall Street, sent the euro to a 10-month low and pushed up borrowing costs for the government in Rome.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.1 percent, while Japan’s Nikkei average shed 1.7 percent to hit a six-week low. South Korea’s KOSPI and the Australian stock benchmark slipped 1.6 percent and 0.7 percent, respectively.

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Asian Shares fall on Italian turmoil, euro, oil at multi-week lows-Sai Proficient

Asian shares fell on Tuesday and the euro slipped back to 6-1/2 month lows as early elections loomed in Italy, but a revival in diplomatic talks with North Korea and a retreat in oil prices from recent highs supported sentiment.

MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent after three consecutive sessions of gains.

Japan’s Nikkei skidded 0.8 percent while South Korean shares slipped 0.5 percent. Australia’s benchmark index was a touch firmer. Liquidity is expected to be relatively thin with market holidays in Singapore, Malaysia, Indonesia and Thailand.

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United Breweries climbs over 5% post Q4 results-Sai Proficient

Shares of United Breweries advanced over 5%in early trade on Friday after the company on Thursday posted over 13-fold jump in its standalone net profit at Rs 90.88 crore for the fourth quarter ended March 2018 led by strong volume growth. It had reported a net profit of Rs 6.73 crore in the same quarter last year.

The scrip was trading 5.50% up at Rs 1,245 at around 9.25 am (IST). Shares of the company opened at Rs 1221.25 and touched a high and low of Rs 1248.55 and Rs 1211, respectively, in trade so far.

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Asian shares tentative as Trump tempers Sino-US trade optimism-Sai Proficient

Asian shares edged up on Wednesday but investors were cautious after U.S. President Donald Trump tempered optimism over progress made so far in trade talks between the world’s two largest economies.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.15 percent while Japan’s Nikkei lost 0.2 percent.

On Wall Street, the S&P 500 shed 0.31 percent overnight, losing steam after hitting a two-month high.

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