Standard Chartered sells 1.59 crore shares of Redington. Sensex up 100 points, Nifty 0.33% higher, Hindustan Zinc shares rise 3%. Cement prices likely to rise on back of higher demand. Gold futures down 0.20% on global cues. Rupee rebounds 5 paise in early trade.

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Thu - 23 Mar 2017

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Calender | Holiday

MCX

23-Mar-2017
Script Symbole
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Action
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Price
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Stop loss
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Target
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Remark
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Profit/loss

NIFTY

Sell
Below 9090
9130
9025-9000

Made Low 9061

Profit Rs.2175/Lot

News --

Rupee rebounds 5 paise in early trade.
Standard Chartered sells 1.59 crore shares of Redington.
Gold futures down 0.20% on global cues.
Cement prices likely to rise on back of higher demand.
Donald Trump signs Nasa bill, plans manned Mars mission in 2030s.
European FTA pushes for tougher IPR rules under ongoing trade talks with India.
Sensex, Nifty extend gains, Nifty eyes 9100; GAIL up 2%.

 


Global Stock Market Commentary.-

European FTA pushes for tougher IPR rules under ongoing trade talks with India -

Switzerland proposed that India agree to broader patentable principles, as per a leaked note on the proposed Intellectual Porperty Rights chapter of the talks
The European Free Trade Association (EFTA) that includes Switzerland, Iceland, Norway and Liechtenstein has insisted on stricter provisions of intellectual property rights (IPR) under the ongoing negotiations for a Trade & Economic Partnership Agreement (TEPA) with India.

The position is stated in a leaked note on the proposed IPR chapter of the negotiations published by non-profit body Knowledge Ecology International at a time negotiations on the chapter are underway in New Delhi. Switzerland proposes that India agree to broader patentable principles, particularly on biologic products; adopt exclusive rights in data used to support the registration of new drugs and vaccines; and eliminate its requirements for local manufacturing of patented inventions.

 


Indian Stock Market Commentary --

Sensex up 100 points, Nifty 0.33% higher, Hindustan Zinc shares rise 3%-
BSE Sensex trades higher by 101 points, or 0.35%, to 29,269, while the Nifty 50 rises 29 points, or 0.33%, to 9,060. Here are the latest updates
The benchmark BSE Sensex recovered over 100 points in early trade on fresh buying by investors in blue-chip stocks amid a firm trend in Asia. The 30-share index rebounded by 147.50 points, or 0.50% to 29,315.18. The index had closed at near two-week low of 29,167.68 on Wednesday after falling by 318 points—its biggest loss in a single day since 2 December. The barometer had lost a total 481.31 points in previous three sessions. All the sectoral indices, led by capital goods, oil and gas and metal, were trading positive, rising up to 0.92%. The NSE index Nifty was also trading higher 45.90 points, or 0.50%, at 9,076.35.


S.S.Tips-Good Morning-Premarket View for Stock Market - --

Nifty Index Resistance 9090-9130 & Support 9020-8980. (23-Mar-2017 Thursday)


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