Epic Research

Nifty holds 9250, Midcap at new high; Reliance becomes most valuable Co

Epic Update Reliance Industries

Better-than-expected earnings and hopes of good amount of telecom business contribution to total revenue going ahead helped Reliance Industries become most valuable company on bourses.

Reliance has current market capitalisation of Rs 4.67 lakh crore, surpassing TCS. The stock price was trading at Rs 1,444, up 2 percent.

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research

Sensex soars 170 pts, Nifty above 9250; Bank opens at record high

Equity benchmarks extended gains on Tuesday as the Sensex opened higher by more than 150 points and the Nifty reclaimed its 9250 level, backed by Reliance Industries. Positive Asian cues also aided the rally.

The 30-share BSE Sensex was up 171.05 points at 29,826.89 and the 50-share NSE Nifty gained 48.85 points at 9266.80. Nifty Bank opened at record high.

Reliance Industries surged 2.46 percent after better-than-expected earnings in Q4. M&M, ICICI Bank, Dr Reddy’s Labs, Cipla, Indiabulls Housing Finance, Ambuja Cements and Hindalco were other early gainers.

Bharti Airtel, Infosys, NTPC, HCL Tech and ITC were losers.

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research

Indian ADRs: Tata Motors, Dr Reddy’s Lab, HDFC Bank down

Epic Research Update : Indian ADRs

Indian ADRs ended lower on Monday.

In the banking space,
ICICI Bank fell 0.06 percent at USD 8.25 and HDFC Bank declined 0.16 percent at USD 14.48.

In the IT space,
Wipro shed 0.15 percent at USD 9.70 and Infosys was up 0.01 percent at USD 14.48.

In the other sectors,
Tata Motors slipped 0.47 percent at USD 33.72 and Dr Reddy’s Laboratories fell 0.17 percent at USD 40.57.

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research

Indian rupee opens higher at 64.42 per dollar

Epic Research Update : Indian Rupee

The Indian rupee opened marginally higher at 64.42 per dollar on Tuesday versus previous close 64.44.

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research

Asia stocks, euro steady as markets pause for breath after French election

Asian equities were steady on Tuesday and the euro retained gains as markets’ euphoria over a centrist victory in the first round of the French presidential election subsided, though near-term investor sentiment remains positive.

MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed early on Tuesday.

Japan’s Nikkei added 0.3 percent. South Korea’s Kospi advanced 0.2 percent. Australia is closed for a holiday.

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research

French election results catapult Wall Street higher; Nasdaq sets record

Wall Street

US stocks rallied on Monday, tracking a relief rally that swept through Asian and European markets, after centrist candidate and market favourite Emmanuel Macron won the first round of the French presidential election.

The Dow Jones Industrial Average rose 216.13 points, or 1.05 percent, to 20,763.89, the S&P 500 gained 25.46 points, or 1.08 percent, to 2,374.15 and the Nasdaq Composite added 73.30 points, or 1.24 percent, to 5,983.82.

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research

EPIC RESEARCH OPENING BELL

MORNING MARKET UPDATES 25th April’17 By #EpicResearch

■■ The #BSE #SENSEX OPEN @ 29825.14(+169.30)

■■ The #NSE #NIFTY OPEN @ 9273.05(+55.10)

■■ #BANKNIFTY OPEN @ 21960.65(+103.25)

For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Follow @Epic_Research