#Topniftysharestoday

[elite-investment-advisory-blog]

Nifty, Sensex Edge Lower; RBI Policy Decision In Focus

Share market frontline indices opened lower on Thursday amid rising US-Mexico & US-China trade worries. Further, are keen only observing RBI’s monetary policy decision to be announced during mid-noon hours today. The BSE Sensex slipped 113-points at 39965-levl and the NSE’’s Nifty50 went down 53points to 11,968-level at 10.25am, Thursday. On the sectoral front, except Nifty FMCG, all the sectoral indices were trading in the red with major falls in Nifty PSU bank and Nifty Pharma index were falling 1.67 and 1.13% respectively. Realty, media, IT and financial sectors also led the losses moderately. Asian Paints, Coal India, PowerGrid, and Titan Company were among the top gainers on the Nifty, while GAIL, Indiabulls, Grasim, Ultratech and YesBank led the loss. GAIL India shares fell 9.36pc at Rs.324.70per share as the Company’s tariff hike was lower than expected. Shares of Dewan Housing Finance Corp (DHFL) fell 11.59pc as ICRA, CRISIL &CARE ratings downgraded the stock after the company defaulted on its interest payments on NCDs on Tuesday. Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article

[elite-investment-advisory-blog]

HDFC Shares Touch New 52-High Today

Shares of home loan provider Housing Development Finance Corp (HDFC) rose to a new 52-Week high intraday at Rs.2225 apiece on NSE on Monday. As per Experts outlook, the surge in HDFC stock was on account of expectation of a rate-cut ahead of the ReserveBank of India's (RBI) monetary policy committee (MPC) review meeting.  The RBI’s MPC is scheduled to announce its conclusion after the review, on Thursday. In the last two policy reviews, the RBI had cut the repo-rate by 25bps each. However, according to experts, the CentralBank may go for another round of rate cut, for the third consecutive time on Thursday to prop up the economic growth which slumped to a 5-year low in the final quarter of 2018-19. During mid-market session at 1.35pm, HDFC shares quoted at Rs.2219.50, up by 1.69pc on the NSE. Meanwhile, the frontline NSE Nifty50 index traded 90points higher at 12013.-level Meantime, the Nifty Financial Services traded positive, up 0.70pc at 13,573.65 with 14 shares advancing against 6 declining stocks on the index. Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article