Market Live: SGX is getting signals from NIFTY, the beginning of the Indian market may be weak

08:20 AM

strategy on nifty

Virendra Kumar of CNBC-Awaaz says that its resistance zone is 15821-15861 and the larger resistance zone is 15910-15930. Base Zone : 15710-15687 and Larger Base Zone is 15648-15610. This week’s range may be 15700-16000. Heavy call writing at 15900-16000, high OI at 15700-15600 put. Buy and also buy in the fall for a little bullishness. Stock futures will show more than the index. If the spot hinges on 15810-21, 15910-930 is also possible. A fall till 15710 is good for buying. Keep in mind – Strong IPO markets tend to upset the index near the peak.

08:10 AM

strategy on nifty bank

Virendra Kumar says that its resistance zone is 35310-35450.
is. The major resistance zone is 35650-35720. The base zone is 34850-34750 and the larger base zone is 34650-34550. Technically worse than Nifty. Do not short until 34650-550 is on the screen. It is necessary to trade above 35310-450 to show some strength. Consolidation is strong between 35310-34900 so avoid trading at this level. Life will come above 35550, will also push for Nifty.

08:00 AM

Today’s Trading Calls

Buy  I-bulls-Fin @ 287 SL 278 Tgt 320

IDBI Capital
Buy NATIONALUM Stop 69 Target 78

LKP Securities

07:52 AM

This week will dominate the primary market

Today the IPO of SHYAM METALICS will open. The price band is between Rs 303-306, ANCHOR INVESTOR invested 270 crores. The issue of SONA COMSTAR will also open today. The price band is between Rs 285 to Rs 291. ANCHOR INVESTOR has invested about 2500 crores. The IPO of DODLA DAIRY and KIMS will come on June 16.

07:48 AM

Trading will be closed in DHFL from today

Trading in DHFL will be closed from today. NSE and BSE have decided after the approval of the resolution plan from NCLT. Once the resolution plan is approved, the shares will be delisted.

07:43 AM

Demand for investigation against e-commerce companies

CAIT has written a letter to COMMERCE MINISTER Piyush Goyal. Has demanded immediate initiation of CCI investigation against Amazon and Flipkart. Traders across the country will observe purification week from today against the wrong policies of e-commerce companies.

07:38 AM

REL Jio launches 5 new plans

New Explosion of RELIANCE JIO. The company launched 5 new PREPAID PLANs. There will be no DAILY LIMIT of DATA in these. You will also get the benefit of unlimited calls.

07:30 AM

Action will be seen in Pharma, Healthcare due to reduction in GST

Action can be seen in the stocks related to Pharma and Healthcare today. GST on Remdesivir, OXYMETER, Medical Grade Oxygen reduced from 12 per cent to 5 per cent. Ambulances will now attract only 12 per cent GST instead of 28 per cent.

07:23 AM

BEML: Demerger proposal approved

Let’s move towards the strategic design of BEML. The SURPLUS LAND AND ASSETS OF THE COMPANY WILL BE DEMERGE IN A NEW SUBSIDIARY. DIPAM and NITI Aayog approved. On the other hand, BEML has shown strong results in Q4 and revenue has grown by over 66 per cent.

07:16 AM

10% stake in Zensar Tech may be sold

According to the exclusive news of CNBC-Awaaz, Zensar Tech’s large investor Marina Holdco is preparing to sell 10% stake in the company. According to sources, the deal can be done through block deal.

07:10 AM

mixed signals for the market

Foreign signs are seen mixed on the first day of the week. Nikkei in Asia is trading up about a quarter percent. Markets in China, Taiwan, Hong Kong are closed. SGX NIFTY and DOW FUTURES are also under pressure. The S&P 500 closed at a record high on Friday.

Facebook us for social media updates ( and Twitter (.) to follow.