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Showing posts with label Best Stock Tips. Show all posts
Showing posts with label Best Stock Tips. Show all posts

Saturday, April 23, 2016

Wall Street ends flat; Alphabet and Microsoft tumble

Epic Research Update : US Markets


Wall Street finished flat on Friday after disappointing quarterly reports from Microsoft and Alphabet slammed tech stocks, while a surge in oil prices lifted energy shares.
The Dow Jones industrial average edged up 0.12 percent to end at 18,003.75 points, while the S&P 500 finished flat at 2,091.58. The Nasdaq Composite dropped 0.8 percent to 4,906.23, reflecting the selloff in tech shares.
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Friday, April 22, 2016

NIFTY TOP GAINERS


Top Gainer

BAJAJ-AUTO +2.05%
TECHM +1.74%
TATASTEEL +1.64%
MARUTI +1.52%
ONGC +1.39%
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Epic Research Closing Bell

Epic Research Closing Bell

NIFTY CLOSE @ 7,899.30 (-12.75)
SENSEX CLOSE @ 25,838.14 (-42.24)
BANK NIFTY CLOSE @ 16,703.40 (+66.25)
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Oil steadies as IEA expects biggest non-OPEC output fall in 25 years

oil


Crude prices firmed on Thursday after the International Energy Agency (IEA) said non-OPEC production would fall this year by the most in a generation and help rebalance a market dogged by oversupply.
IEA chief Fatih Birol said low oil prices had cut investment by about 40 percent over the past two years, with sharp falls in the United States, Canada, Latin America and Russia.
Benchmark Brent crude futures were up 12 cents at $45.92 a barrel by 1204 GMT. U.S. crude futures were 4 cents higher at $44.22. Both have gained about 70 percent from lows hit between January and February.
“The U.S. accounts for the bulk of non-OPEC’s 2016 oil supply contraction of 700,000 barrels per day forecast. If the decline in the U.S. oil supply proves insufficient to tighten balances, then … the oil price will remain low,” it said.
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Sensex, Nifty flat; Sun Pharma, HUL, Infosys laggards

HUL


The market is absolutely flat with positive triggers missing. Auto and metal stocks are still lending support to the market. The Sensex is up 6.55 points at 25886.93, and the Nifty down 2.35 points at 7909.70. About 1129 shares have advanced, 886 shares declined, and 127 shares are unchanged.
Bajaj Auto, Tata Steel, ONGC, Maruti and M&M are top gainers while BHEL, Sun Pharma, HUL, Infosys and HDFC are losers in the Sensex.
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