nifty future tips

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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Shares of Kotak Mahindra Bank in Focus ahead of its QIP issue

Kotak Mahindra Bank has recently approved a QIP issue (Qualified institutional placements) at a price of Rs 913.24, per share, to raise the fund of about Rs 5600.00 Cores. The stock is the top gainer touching the fresh 52-week high of Rs 980.5% during the first half of today’s trading session. It is trading at above the crucial volume weighted average (VWA) price of Rs 970.66 per share, attracting the traded volume of 13,95,041 shares with traded value of Rs 135.41 Crore. In past seven trading sessions, Kotak Mahindra stock has witnessed more than 60% of deliverable quantity as with reference ...
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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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