Share Market Closing Note

Share Market Closing Note

Nifty spot if closes below 16760 level then expect some more fall in the market in coming session and if it manages to trade and close above 16760 level then some pull back can follow. Avoid open long positions for tomorrow.

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Topic :- Time:2.30 PM

CRUDEOIL Trading View:

CRUDEOIL is trading at 7455.If it breaks and trade below 7430 level then expect some quick decline in it and if it manages to trade and sustain above 7480 level then some upmove can follow. Expect Crudeoil to remain volatile throughout.

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Topic :- Time:2.00 PM

Indian stock market is declining once again. Selling pressure is mounting in the market. Nifty spot is trading at 16655.If it breaks and trade below 16640 level then expect some further decline in the market and if it manages to trade and sustain above 16680 level then some pull back can follow in the market.

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Topic :- Time:1.30 PM

NATURALGAS Trading View:

NG is trading at 349.20.If it breaks and trade below 348.80 level then expect some decline in it and if it manages to trade and sustain above 350.50 level then some upmove can follow in NG.

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Topic :- Time:1.15 PM

Just In:

EU imposes 4th set of sanctions against Russia for war.

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Topic :- Time:1.00 PM

Nifty is declining on the news of lockdown in China. Nifty spot if breaks and trade below 16700 level then expect some further decline in the market and if it manages to trade and sustain above 16760 level then some upmove can follow in it.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 792.40.If it breaks and trade below 790 level then expect some further decline in it and if it manages to trade and sustain above 795 level then some upmove can follow in Copper.

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Topic :- Time:12.25 PM

Just In:

Nearly 30 million under lockdown in China, Crisis unprecedented.

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Topic :- Time:12.20 PM

Just In:

Paytm slide continues as CEO fails to allay concerns over profitability, damning report.

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Topic :- Time:12.00 PM

Nifty is trading in a small range. Nifty spot if manages to trade and sustain above 16900 level then expect some quick upmove in the market and if it breaks and trade below 16860 level then some decline can follow in the market.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Nifty50, Sensex turn volatile; Energy, Metals drag

2. Amazon accuses Future, Reliance of fraud in newspaper ads

3. TCS $50-billion goal below companys growth standards

4. Ukraine-Russia talks to continue, US asks China not to help Moscow

5. RIL subsidiary acquires battery maker Lithium Werks for $61 million

6. BharatPe enters gold loan segment; eyes disbursals of Rs 500 cr this year

7. JK Paper rallies 29%, hits new high on improved business prospects

8. Oil falls over 5% on Russia-Ukraine talk hopes, Chinas travel ban

9. ED investigating 7 cases of cryptocurrency usage in money laundering

10. India plans Rs 24,000 cr sovereign green bond as economy goes low carbon

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Topic :- Time:11.00 AM

Begins For 15 March,2022:

After minor positive opening nifty is now trading in red zone. Nifty spot if manages to trade and sustain above 16880 level then expect some upmove and if it breaks and trade below 16820 level then some decline can follow in the market.

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Topic :- Share Market Closing Note

Nifty ends above 16,800, Sensex gains 935 points led by IT, auto, banks:

On the sectoral front, IT and bank indices rose 2 percent each, while Realty index down nearly 2 percent. The BSE midcap index ended flat, while smallcap index gained 0.3 percent.

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Topic :- Time:3.00 PM

Nifty is trading on higher note. Nifty spot if manages to close above 16840 level on closing basis then expect some further upmove in coming sessions and if it closes below above mentioned level then some sluggish movement can follow in the market.

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Topic :- Time:2.20 PM

Just In:

Ukraine, Russia talks today as war gets closer to NATOs borders.

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Topic :- Time:2.00 PM

Nifty spot is trading at 16793.If it manages to trade and sustain above 16800 level then expect some quick upmove in the market and if it breaks and trade below 16760 level then some decline can follow in the market.

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Topic :- Time:1.05 PM

Just In:

Russia sees no reason for UN peacekeepers to be in Ukraine.

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Topic :- Time:1.00 PM

Nifty is flying high on the hope of Russia-Ukraine meeting outcome. Nifty spot if manages to trade and sustain above 16780-16800 levels then expect some quick upmove in the market and if it breaks and trade below 16740 level then some decline can follow in the Nifty.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 804.If it breaks and trade below 803.30 level then expect some decline in it and if it manages to trade and sustain above 806.50 level only then some upmove can follow in it.

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Topic :- Time:12.15 PM

News Wrap Up:

1. Sensex up 500 pts, Nifty near 16,750; Banks shine, Metals lag

2. Paytm tanks 14% hits new low post RBI curbs on Payments Bank

3. Sugar stocks extend rally; Triveni, Dhampur, Uttam Sugar zoom up to 18%

4. Russia-Ukraine war: Govt stares at higher fertiliser subsidy bill

5. Jubilant FoodWorks plunges 15% as brokerages downgrade stock post CEO exit

6. Ruchi Soya freezes at 20% upper circuit as board okays Rs 4,300-crore FPO

7. Chinas lockdowns due to Covid surge could threaten half of economy

8. Oil prices slide by about $4 per barrel, extending last weeks decline

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Topic :- Time:12.00 PM

Nifty spot if manages to trade and sustain above 16780 level then expect some upmove and if it breaks and trade below 16740 level then some decline can follow in the market.

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Topic :- Time:11.00 AM

After positive opening nifty is trading in green zone. Nifty spot if manages to trade and sustain above 16740 level then expect some upmove and if it breaks and trade below 16700 level then some decline can follow in the market.

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Topic :- Stocks under F&O ban on NSE

There is no stock in F&O ban today.

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Topic :- Stocks in News

Hindalco Industries: ICICI Prudential Mutual Fund through its various schemes sold 11.81 lakh equity shares in the company via open market transactions on March 9. With this, its shareholding in the aluminium major stands at 3.01 percent, down from 3.07 percent earlier.

Dhanvarsha Finvest: The board approved raising Rs 88.65 crore by issuing equity shares and warrants to non-promoters on a preferential basis.

CESC: The firm said transactions for sale and transfer of 100 percent shareholding in Surya Vidyut to Torrent Power have been completed. The company and its six subsidiaries entered into a share-purchase agreement with Torrent Power for the sale of 156 MW power plants operated by Surya Vidyut in Gujarat, Rajasthan and Madhya Pradesh, in September 2021. Surya Vidyut was a wholly-owned subsidiary of CESC.

Gail (India): The board has approved the payment of the second interim dividend of Rs 5 a share for the financial year FY21-22. The record date for eligibility of shareholders for payment of dividend has been fixed as March 22.

Anupam Rasayan India: The company acquired a 24.96 percent stake in the company via off-market transactions on March 11. The stake was acquired by Anupam at Rs 595 a share from sellers. With this, Anupam Rasayan has become a promoter of Tanfac along with Tamil Nadu Industrial Development Corporation (TIDCO). Anupam had entered into a share-purchase agreement with sellers�Birla Group Holdings, Pilani Investment & Industrial Corporation and Askaran Agarwala in February.

Lupin: The pharma major has received approval from the US FDA for the abbreviated new drug application Vigabatrin for oral solution USP. This drug is a generic equivalent of Sabril owned by Lundbeck Pharmaceuticals, LLC. Vigabatrin had estimated annual sales of $275 million in the US as per IQVIA MAT data of December 2021.

Jubilant FoodWorks: Pratik Rashmikant Pota has resigned as the CEO and whole-time director of the company.

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 14 March,2022:

Nifty to turn volatile as the day progresses. Inventors are advised to wait for some more time and one should prefer day trading.

Nifty spot if manages to trade and sustain above 16700 level then expect some upmove and if it breaks and trade below 16580 level then some decline can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.

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