Showing posts with label asian market updates. Show all posts
Showing posts with label asian market updates. Show all posts

Nikkei Gains Today

Asian equities were mixed on Thursday, 30th Oct’14  as investors reacted to the end of quantitative easing in the US and the region's latest earnings. The US central bank ended its historic monthly bond purchase program on Wednesday, 29th Oct’14 as widely expected. However, it maintained that interest rates will remain near zero for a considerable period of time.


In its accompanying policy statement, the Fed upgraded its outlook for the labor market, which some analysts take as a sign that the bank is focusing on an interest rate rise. Wall Street shares posted modest losses, rebounding from session lows, following the decision.

China's Shanghai Composite was up 0.12 percent or 2.89 points at 2,375.92.

Hong Kong's Hang Seng was down 0.17 percent or 40.73 points at 23,779.14.

Japan's Nikkei gained 0.63 percent or 97.40 points at 15,651.31.

Singapore's Straits Times was up 0.16 percent or 5.19 points at 3,229.22.

South Korea's Seoul Composite shed 0.61 percent or 12.02 points at 1,949.15.

Taiwan's Taiwan Weighted declined 0.59 percent or 52.52 points at 8,851.16.


Asian Market Updates, Stocks to Buy today, Stocks to Sell Today - 04 September 2014

Trading in Asia was cautious on Thursday as investors awaited central bank decisions in Japan and Europe. The Bank of Japan is expected to leave its monetary policy on hold as it wraps up a two-day review. 
Traders will be looking for any comments regarding the recent spate of weak economic data as a result of April's sales tax rise. Later in the day, focus will be on the European Central Bank's policy meeting, with some anticipating it could unveil new stimulus measures following dismal inflation and factory activity data.

In geopolitical news, Russian President Vladimir Putin said on Wednesday that he spoke to his Ukrainian counterpart Petro Poroshenko on the phone and while there was no peace deal, Putin issued a 7 point plan to end the bloodshed in southeast Ukraine. Negotiators from Kiev, Moscow and pro-separatist rebels are due for more talks on Friday.

China's Shanghai Composite was flat at 2,290.17. 
Hong Kong's Hang Seng was down 0.17 percent or 43.99 points at 25,273.96. Japan's Nikkei was flat at 15,715.10.

Singapore's Straits Times was down 0.19 percent or 6.47 points at 3,342.30.

South Korea's Seoul Composite added 0.30 percent or 6.11 points at 2,057.31.

Taiwan's Taiwan Weighted shed 0.30 percent or 28.30 points at 9,422.05.




√ Buy  UPL, target of Rs 365 and stoploss at Rs 330

√ Buy  Aurobindo Pharma, target of Rs 844 and stoploss at Rs 829

√ Buy Oriental Bank of Commerce at 300 and stoploss at Rs 282

Stocks to Sell Today 

√ Sell  Century Textile and Industries at 623 and stoploss at Rs 635

Top 3 Stocks to Buy Today - 02 September 2014

With Wall Street shut on Monday due to the Labor Day holiday, investors looked to Europe for trading cues. Bourses in the U.K., Germany and France closed flat to lower after regional manufacturing activity for August fell to a 13-month low. The data will be likely be closely watched by the European Central Bank as it prepares to hold a policy meeting this Thursday.
Tensions over Ukraine and Russia remain in focus. Reuters reported that the European Union is working on contingencies if Moscow turns off the gas pipes in retaliation to additional sanctions. Separately, Ukraine has begun peace talks with pro-Russian separatists, who say they would be willing to remain as part of Ukraine if granted special status.
Hong Kong's Hang Seng fell 0.40 percent or 98.16 points at 24,653.93. Japan's Nikkei added 1.17 percent or 181.03 points at 15,657.63.
Singapore's Straits Times was flat at 3,315.58. China's Shanghai Composite was flat at 2,237.53.
South Korea's Seoul Composite shed 0.59 percent or 12.28 points at 2,055.58.
Taiwan's Taiwan Weighted fell 0.91 percent or 86.35 points at 9,426.71.


√ Buy  Bharti Airtel, target of Rs 382 and stoploss at Rs 373

√ Buy  Coal India, target of Rs 371 and stoploss at Rs 362

√ Buy  Adani Power at CMP and stoploss at Rs 48

√ Buy  Apolo Tyres at CMP and stoploss at Rs 174

Stocks to Buy today, Stocks to Sell Today - 01 September 2014

Asian stock markets rose on Monday as a positive handover from Wall Street offset disappointing Chinese factory activity data.
Beijing's official purchasing manager's index (PMI) for August came in at 51.1, below Reuters expectations for 51.2 and July's reading of 51.7.
HSBC's final PMI reading for August. Separately, HSBC's final August PMI reading fell to a three-month low of 50.2. Still, both readings were above the key 50-level that demarcates expansion from contraction.
On Friday, the S&P 500 logged another record finish, enjoying its best August in 14 years, after the Thomson Reuters/University of Michigan's final take on consumer sentiment rose to 82.5 in August from 81.8 the month before.
China's Shanghai Composite jumped 0.25 percent or 5.60 points at 2,222.80.
Hong Kong's Hang Seng added 0.47 percent or 116.34 points at 24,858.40.
Japan's Nikkei rose 0.28 percent or 43.19 points at 15,467.78.
Taiwan's Taiwan Weighted surged 1.37 percent or 126.72 points at 9,380.10.
Singapore's Straits Times was flat at 3,325.93. South Korea's Seoul Composite was flat at 2,068.11


√ Buy  Colgate Palmolive India, target of Rs 1700 and stoploss at Rs 1460

 Buy  Rural Electrification Corporation, target of Rs 274 and stoploss at Rs 265

 Buy  Bharat Heavy Electricals (BHEL) , target of Rs 254and stoploss at Rs 232

 Sell  Tata Motors, target of Rs 517 and stoploss at Rs 529

 Sell  Larsen and Toubro, target of Rs 1430 and stoploss at Rs 1590


Asian Market Updates with Stock Picks to Buy Today - 25 August 2014

Asian Market Updates:

China's Shanghai Composite was down 0.11 percent or 2.48 points at 2,238.33.
Hong Kong's Hang Seng declined 0.23 percent or 89.35 points at 25,022.88.
Japan's Nikkei rose 0.13 percent or 20.58 points at 15,559.77.
Singapore's Straits Times added 0.23 percent or 7.61 points at 3,333.11. South Korea's Seoul Composite was flat at 2,055.20.

Taiwan's Taiwan Weighted was up 0.10 percent or 9.37 points at 9,389.47. 

Top 5 Stocks to Buy Today on 25th August 2014:

1. Federal Bank
Buy Federal Bank, Target Rs 126, Rs 130 and Stop loss Rs 120

2. Adani Enterprises 
Buy Adani Enterprises, Target Rs 535, Rs 545 and Stop loss Rs 491

3. Colgate Palmolive
Buy Colgate Palmolive, Target 1600 and Stop loss Rs 1460

4. Canara Bank
Buy Canara Bank, Target 430 and Stop loss Rs 385

5. Hindalco Industries
Buy Hindalco Industries, Target 192 and Stop loss Rs 178

Asian Market Updates Today, Stocks to Buy Today on 07 July 2014

Asian equity markets were little changed on Monday in the absence of a lead from Wall Street last week due to the July 4 US holiday.

The mood was cautious after International Monetary Fund chief Christine Lagarde warned over the weekend that the pace of global growth may be weaker than expected in the second half of the year due to weak investment.
Lagarde also said she does not see a hard landing for China.
Hong Kong's Hang Seng was flat at 23,541.11.
Japan's Nikkei was flat at 5,444.29. Singapore's Straits Times rose 0.16 percent or 5.28 points at 3,277.53.
South Korea's Seoul Composite was down 0.37 percent or 7.39 points at 2,002.27.

Taiwan's Taiwan Weighted shed 0.13 percent or 12.82 points at 9,497.23. China's Shanghai Composite was flat at 2,061.11


√ BUY GVK Power & Infrastructure, Target Rs. 20.30 and Stoploss Rs 18.20
√ BUY Tata Communications, Target Rs 420, Rs 425 and Stoploss Rs 400
√ Buy Century Textiles, Target Rs 635, Rs 645 and Stoploss Rs 610
√ Buy Reliance Industries, Target Rs 1050 and Stoploss Rs 1015