Indian share market tips

Fertilizer stocks in demand as monsoon hit in Kerala and North-East India

Since the monsoon is about to arrive in Southern and north-east India, in line with the IMD’s forecast, the fertilizer stocks have been gaining force on stock exchanges, on Tuesday, 30 May 2017. As per IMD, the monsoon is expected to hit over the Indian mainland on June 1. With the hopes of normal rainfall in the year 2017, investors are preferring to buy the fertilizer stocks. The major fertilizer stocks such as Coromandel Agro Products was trading higher by 5 percent Rs 2.58 per share, while Zuari Agro Chem was trading higher by 3 percent at Rs 411 per share. Further, stocks of Rashtriya C...
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19 May Closing Update- Sensex settles with small gains, FMCG stocks gained

The last trading day witnessed a divergent trend as the BSE index, Sensex settled with small gains whereas the NSE Nifty settled a bit lower. The Sensex, rose 30.13 points or 0.1% at 30,464.92,. The Nifty index was off 1.55 points or 0.02% at 9,427.90, Gains triggered by stable global stocks and reports of the GST Council finalizing rates for most goods were mostly offset by profit booking. SBI rose 1.9 percent after net profit rose 122.72 percent to Rs 2,814.82 Cr, on 7.83 percent increase in total income to Rs 57,720.10 crore in Q4 FY17 year-on-year. FMCG stocks gained on hopes the new GST ...
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18 May Markets snap record-setting trend: Sensex open 100 points on weak global cues

Key benchmark indices opened lower following weak global cues as concerns over Donald Trump's administration spooked investors sentiment. At 10.20 am, the S&P BSE Sensex, was down 146.27 points or 0.48% at 30,512.50, while the Nifty-50 index was down 63.75 points or 0.67% at 9,462.00. The BSE MidCap index was down 1.08% and the SmallCap index was down 0.95%. As for buzzing stocks, TCS, Wipro Ltd and HDFC gained on BSE Sensex, while Dr Reddy's Laboratories, ICICI Bank, Axis bank and Adani Ports lost the most on the index. HUL fell about 0.3 percent even though the company has posted a 6...
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HUDCO IPO subscribed by 93% and may achieve full subscription today

State-owned Housing & Urban Development Corporation Ltd (HUDCO) on Tuesday, 9 May 2017, witnessed its IPO subscribed 93%, as per data from stock exchanges. The offer has issue size of 20,40,58,747 shares, and the share sale will be closed on 11 May. The total bids obtained by the HUDCO’s IPO figures at 19,00,31,800, while the total bids received at cut-off prices stands at 13,35,00,000. The reported subscription of qualified institutional buyers is 8%, Non-institutional investors 11%, Retail investors reported 93% and company employees reported 1% in the late morning hours. The offer is f...
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