Stock Market LIVE: Yesterday, the Nifty closed at 18,015 with a gain of 85 points and the Sensex closed at 61,275, up 242 points. The rally in the market was supported by buying in IT and heavyweight stocks.
Stock Market LIVE
There are signs of strength in the stock market today. Because vigorous buying is being seen in the global market. Kospi and Nikkei index are trading with a speed of 1-1% in Asian markets. Buying was also seen in American markets. The reason for this boom is the boom in American retail sales. Apart from this, sluggish action is being seen in crude, gold and silver. Earlier in the Indian markets yesterday i.e. on February 15, the Nifty closed at 18,015 with a gain of 85 points and the Sensex closed at 61,275, up 242 points. The rally in the market was supported by buying in IT and heavyweight stocks.
Stock Market LIVE: Strategy for Commodity Market
Sell MCX GOLD
SL 56750 TARGET 55900
Sell MCX Silver
SL 66550 TARGET 65000
Sell MCX COPPER
SL 777 TARGET 764
Sell MCX CRUDE OIL
SL 6750 TARGET 6400
Stock Market LIVE: Adani Power will not acquire DB Power
- Adani Power has backed out of the acquisition of DB Power. While the company of Adani Group got more time than the stipulated time for the acquisition.
Stock Market LIVE: Relief in Windfall Gain Tax
- Windfall gain tax on crude oil reduced from Rs 5050/tonne to Rs 4350/tonne
- Windfall tax on ATF reduced from Rs 6/Ltr to Rs 1.50/L
- Additional export duty on diesel reduced from Rs 7.50 to 2.50/L (Rs 1+Rs1.5)
- No change in export duty on petrol
Stock Market LIVE: Brokerage reduced target on HPCL
Rating – Hold
Target – Rs 215
Stock Market LIVE: Strong earning stocks
Buy BAJAJ AUTO
SL 3862 TGT 4040
Stock Market LIVE: Global market condition
- Dow jumps 300 points from bottom to close at day’s high
- NASDAQ rises for the third consecutive day, closes up 1%
- Shopping in all sectors except energy
- Strong retail sales figures lift market mood
- 10-year bond yield rises above 3.8%
Stock Market LIVE: Government cuts base import price of gold and silver
- Gold base import price reduced from $620/10gm to $610/10gm
- Silver base import price reduced from $768/kg to $706/kg
Stock Market today LIVE: FIIs/DIIs figures
Foreign investors (FIIs) bought shares worth Rs 432 crore on February 15, while domestic investors (DIIs) invested Rs 517 crore.