Tuesday, 12 July 2016

DAILY TRADING TIP FOR STOCK CASH

“BUY NBCC at 265 TGT 271/285 SL 255

The Sensex ended up 181 points at 27,808 and the Nifty settled 53 points higher at 8,521. Shriram EPC surged 11% after the company said its board approved preferential issue of shares to the holding company and conversion of the working capital term loan of the lenders into equity shares. Igarashi Motors India dropped 3% to Rs.680. The company said one of its large shareholders will sell over 3.3 million shares amounting to 10.35% in the company in an offer for sale (OFS) at a floor price of Rs.650. Hindalco jumped nearly 5% after Alcoa Inc, the largest US aluminum producer, reported better-than-expected Q2 June 2016 results.
GLOBAL MARKET:
On the global front, Asian markets closed in green. The Shanghai Composite index and Hong Kong’s Hang Seng index closed higher. and Nikkei 225 gained 2.4%.European
markets were trading on a mixed note. The FTSE 100 was trading down. DAX and the CAC 40 were trading higher 1.5% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Shemaroo Entertainme
B
359.20
+ 12.99
NBCC (India)
B
257.40
+ 12.08
VKJ Infradevelopers
B
142.90
+ 11.51
Godfrey Philips
B
1,054.40
+ 8.53
Garware-Wall Rop
B
429.30
+ 7.57
Minda Corporation
B
137.80
+ 7.49
Maithan Alloys Ltd.
B
304.15
+ 7.36
TOP GAINERS:



Company
Group
Current Price
% Change
Store One Retail Ind
B
213.90
-9.69
Federal-Mogul Goetze
B
348.50
-8.76
IVP
B
106.65
-7.06
Kiri Industries
B
360.30
-7.01
Thomas Cook (I)
B
207.55
-5.81

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