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Nifty and Sensex closing their record highs with strong gains from the Telecom, Metal and Bank sectors. Airtel shoots up by 9% leading the Telecom sector, while ICICI Bank and Axis Bank push Bank Index upwards. At 11:50 AM, the S&P BSE Sensex is trading at 33,589, up by 375 points, while NSE Nifty is trading at 10,434 up by 99 points. The BSE Mid-cap Index is trading up by 0.72% at 16,707.09 whereas BSE Small-cap Index is trading up by 0.81% at 17,743.15. Bharti Airtel, SBI Bank, ICICI Bank, Axis Bank, and HUL are among the gainers, whereas Dr Reddy, UPL, TCS, HCL, and EicherMotors are losing steam on NSE. Some buying seen in Metal, Banks, Telecom, and Basic Materials sectors, whereas IT and Utilities sectors show weakness on the BSE. The INDIA VIX is down by 2.89% at 12.08 . Out of 1,948 stocks traded on the NSE, 1,130 advanced, 514 declined, and 331 remained unchanged today. A total of 113 stocks registered a fresh 52-week high in trade today, wh

Shares of Bharti Airtel are likely to rise as its consolidated net profit for Jul-Sep of Rs 3.4 bln beatmarket estimates of Rs 2.97 bln, despite a rise in net finance cost and exceptional items. The company stock's is likely to be aided by the news that several global investors interested in buying the company's stake in Bharti Infratel. Bharti Airtel and its subsidiary Nettle Infrastructure  Investment s own 58% stake in Bharti Infratel. Bharti Airtel Ltd ended at Rs 518, up by Rs 20.35 or 4.09% from its previous closing of Rs 497.65 on the BSE. The stock traded above its 50 DMA. Bharti Airtel is a leading telecom player offering diversified telecom services, viz., wireless, fixed line, enterprise and DTH services. Airtel is India’s largest mobile operator with 24% subscriber market share and 31% revenue market share. The company's revenue has grown at 4.4% CAGR over FY13-17. Click Here For Free Trial :

Stocks of Delta Corp surged by over 2.75% in the trading hours of Tuesday to reach the lifetime high of Rs 264.50 on NSE. Before that, the company had made its intraday high at Rs 268.40. The price hike came after a surge in volume since the last week. This was on account of the company entering into a memorandum of understanding (MoU) with Everest Hospitality and Hotel (P) Limited for leasing space to operate casino in Kathmandu, Nepal. The company will look forward to acquire casino license from Government of Nepal. In its Q2 results registered a revenue growth of 43% on quarter basis to Rs 189 crores and growth of 94% in the net profit to Rs 43 crores. The Promoter holding is 35.29% as on September 30, 2017.  Delta Corp Ltd ended at Rs 265.5, up by Rs 7.2 or 2.79% from its previous closing of Rs 258.3 on the BSE. The scrip opened at Rs 260 and touched a high and low of Rs 268.4 and Rs 259.4 respectively. The stock traded above its 50 DMA. Click Here For Fr

In today’s trade, markets traded in a narrow range throughout the day with benchmark index closing in negative territory. Nifty midcap and Nifty Bank index gave marginal outperformance with both the indices closing in the green. Axis Bank surged ~8%, adding fresh open interest to the tune of ~60.1 lakh shares, mainly long positions. Market breadth also remained neutral, with Advance/Decline ratio closing at 1:1x. Bank Nifty remained muted, with its index future unwinding just ~17k shares in open interest whereas much larger participation was seen in Nifty, with its future contract adding ~6 lakh shares in open interest. Tracking the options front,  Bank Nifty ATM 25000CE & PE strikes added fresh open to the tune of ~90k/~40k shares, mainly short positions. India Vix index closed ~2.5% higher, gaining ~8% in the last two trading session. Nifty : -28 points @ 10335 Bank Nifty :  +30 points @ 25019 Top 2 F&O Gainer : RELAINCE COMMUNICATION, AXIS BANK Top 2 F&O Lo

Som Distilleries & Breweries Limited has informed the exchanges that its beer brands have been approved by F.D.A for supplying our products to the US. The first trial order has already been dispatched, the company added.  Som Distilleries & Breweries Ltd is currently trading at Rs 181, up by Rs 3.85 or 2.17% from its previous closing of Rs 177.15 on the BSE. The scrip opened at Rs 177 and has touched a high and low of Rs 185.1 and Rs 170 respectively. So far 1287438(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 487.52 crore. Click Here For Free Trial :

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Reliance Communication surged 12% at around 10 AM today after the debt-laden company presented a new plan to the banks, offering controlling stake in the company after its earlier merger proposal fell flat. According to an official release, RCom will pay off up to Rs 17,000 crore of its debt, out of the proceeds of monetization of Spectrum, Towers and Fiber and MCN (Media Convergence Nodes) assets. RCom will pay additional Rs 10,000 crore of its debt, out of the proceeds of sales and commercial development of DAKC and other prime real estate assets across 8-metros.  The company has offered to convert debt of Rs 7,000 crore into 51% of the Company’s equity, as per the SDR guidelines of the Reserve Bank of India. Shareholders of the Company at the Annual General Meeting held on September 26, 2017 have already approved issuance of equity shares to lenders by conversion of  loan s. Reliance Communication is under a standstill period (for interest and principal repayments)

Shares of Zen Technologies sureged 7% after the company reportedly aftermarket hours, on Monday, bagged a 2.24-bln-rupee order from the government of India. Following the order, the total order book of the company stands at 3.57 bln rupees. The company expects to execute the equipment orders during 2018-19 (Apr-Mar). Zen Technologies Ltd is currently trading at Rs 88.2, up by Rs 5.95 or 7.23% from its previous closing of Rs 82.25 on the BSE. The scrip opened at Rs 92 and has touched a high and low of Rs 92.95 and Rs 87.45 respectively. The stock is currently trading above its 200 DMA. Click Here For Free Trial :

Kingfisher brand beermaker United Breweries hit a 2 year high during the day and ended nearly 6% up, ahead of its Jul-Sep results due to be reported on Nov 8, and management comments that Oct-Mar results will be better. A senior official of the company said that the worst is over for the company as impact of demonetisation has receded and impact of highway ban was mitigated with many liquor outlets reopening post the Supreme Court's clarification. The stock has risen 33% so far in 2017. United Breweries Ltd is currently trading at Rs 1042.7, up by Rs 54.95 or 5.56% from its previous closing of Rs 987.75 on the BSE. The scrip opened at Rs 987 and has touched a high and low of Rs 1062 and Rs 982.6 respectively. So far 1922018(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 26116.11 crore. United Breweries (UBL) is engaged in the business of manufacture, purchase and sale of beer. The company has network of 21 own breweries an

In the trading hours of Monday, Take Solutions broke the downtrend of the last three sessions, and rebounded to its 52 Week high. The company closed to Rs 182, becoming a notable player in the mid and small cap space. Around 12:05 pm, the stock was among the leading gainers in the Nifty 500 index. The shares surged by 12% to Rs 181. Speaking of technical analysis, the stock will face resistance at 180 to 182 level, whereas its support lies at Rs 160. The surge came after 13 lakh shares of the company were traded on NSE. This was higher than its 3-month daily average trading volume of 4.5 lakh shares. Take Solutions Ltd is currently trading at Rs 176.8, up by Rs 14.05 or 8.63% from its previous closing of Rs 162.75 on the BSE. The scrip opened at Rs 164.8 and has touched a high and low of Rs 183.65 and Rs 164.8 respectively. So far 18.9 lakh shares were traded on the counter.  Click Here For Free Trial :

From the start of September till the date, Gold prices are facing selling pressure where the prices have corrected from 30,470 to 29,200 levels. However, we can see that prices are currently trading near the extending trend line support of 29,250 levels where 100 day EMA coincides. Gold prices had given close near extended trendline support of 29,250 levels forming a  bullish candlestick  on daily chart. Moreover RSI has aso given close above 40 levels which would add bullishness to the prices. Strategy:   One can buy Gold 28 November 29800 Call option at Rs 95 with a stop loss of Rs 60 while upside can be seen at Rs 150 followed by Rs 160. Click Here For Free Trial :

Cadila Healthcare, the Ahmedabad-based drugmaker's stock  rose as much as 1.66%, the most since October 27, to Rs 498 after it received final approval from the US drug regulator to market Clobetasol Propionate ointment, the company said in a stock exchange filing. The drug is used to treat variety of skin conditions like eczema, dermatitis and allergies etc. and it will be manufactured at its Ahmedabad facility. Cadila Healthcare Ltd is currently trading at Rs 494.8, up by Rs 3.4 or 0.69% from its previous closing of Rs 491.4 on the BSE. The scrip opened at Rs 497 and has touched a high and low of Rs 498.4 and Rs 490.45 respectively. The stock is currently trading above its 100 DMA. Cadila Healthcare is a fully integrated, pharmaceutical company with strong presence in the formulations and CRAMS businesses globally. Its formulations business spans India, US, Europe and emerging markets (mainly Brazil and South Africa). The company derived 34% and 41% revenues from

Ashok Leyland: Is looking at investing 4-5 bln rupees in its electric vehicle business over the next three to five years, Managing director Vinod Dasari said. Au Small Finance Bank: Has signed a three-year pact with Small Industries Development Bank of India to fund term  loan  proposals worth 2.5-20.0 mln rupees related to micro, small and medium enterprises. Bajaj Hindusthan Sugar: Board has approved the conversion of its  loan s from lenders into optionally convertible debentures or optionally convertible preference shares, under the Reserve Bank of India's scheme for sustainable structuring of stressed assets. Bharti Airtel: LPG subsidy recipients who had Airtel Payments Bank accounts were not getting their share of subsidy for the past few weeks, according to the Ministry of Petroleum and Natural Gas. Cadila Healthcare: Has received an approval from the US Food and Drug Administration to market Tamoxifen Citrate tablets USP in 10-mg, 20-mg strength. Cl

The US wants to deepen military relationship and expand bilateral trade with New Delhi which will ease the sale of the F-16 and F-18 jets to India and will also help create a defence technology partnership, a top American diplomat has said. "This is a dynamic relationship with really" hasn't "begun to see the potential yet," Acting Assistant Secretary for South and Central Asian Affairs and Acting Special Representative for Afghanistan and Pakistan Alice G Wells, told reporters here. Wells accompanied Tillerson on his just concluded trip to Afghanistan, Pakistan and India. "This was an extremely friendly, very wide-ranging dialogue on how we can partner together on the strategic relationship that we think is going to define the rest of the 21st century," Wells said. While there was a bilateral component to the visit, but they talked about how the two countries with shared values – a respect for democracy, transparency, freedom

The equity markets are buoyant and have been making new highs lately. Retail investors have been actively investing in the markets largely through Diversified equity and balanced funds. Systematic investment plans (SIPs) are the preferred route for investing and have been increasing every month, currently standing at Rs 5,500 crore a month. In addition, lump sum flows have also been robust over the last year. In fact, lately strong domestic flows have acted as a counterbalance to volatile foreign flows. Equity returns have been spectacular over the last few years, which has given confidence for investors to enter the markets even as they tread into higher valuations. One of the concerns is that many of these investors have not seen a true bear market cycle and it is difficult to predict their reaction if the markets do correct sharply. That is where investor education is a must to educate them towards treating equity as a long-term investment and the ability to