Thursday, 14 July 2016

DAILY TRADING TIP FOR STOCK CASH

“SELL INFY at 1178 TGT 1165/1150 SL 1795”
TCS HIT TGT 2525 MADE HIGH OF 2527.65!!!
The Sensex rose 127 points to end at 27,942 and Nifty gained 46 points to settle at 8,565.  SRF ended up 2% on reports that the government has imposed anti-dumping duty on imports from China. Max India (formerly Taurus Ventures Limited) which listed today ended locked in lower circuit of 5% at Rs 185 . National Aluminium Company Limited (NALCO) climbed 3% to Rs.49.65. The company has been granted Pottangi Bauxite Mines, in Koraput district of Odisha.
TODAY’S RESULT
TCS posted results for the first quarter ended 30th June, 2016.The net profit for the quarter stood at Rs. 6318 crore. The revenue for the quarter is at Rs.29,305 crore.EBIT margins was at 25.1%.Tata Consultancy Services Ltd ended at Rs. 2520.3, up by Rs. 28.9 or 1.16% from its previous closing of Rs. 2491.4 on the BSE. The scrip opened at Rs. 2488.5 and touched a high and low of Rs. 2526.85. TCS, Cyient, Canfin Homes, Vimta Labs among others are scheduled to announce their quarterly results today.
GLOBAL MARKET:
On the global front, Asian markets closed on a mixed note. Hong Kong’s Hang Seng index gained 1.1%. Japan's Nikkei closed nearly 1% higher at 16,385.89 as the yen weakened against the dollar. The Shanghai Composite index ended marginally lower.European markets were trading higher ahead of a decision by the Bank of England's Monetary Policy Committee on whether to stimulate the economy. The FTSE 100 was trading up 0.87%. DAX and the CAC 40 were trading higher by 1% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Upper Ganges Sug
B
491.00
+ 11.71
Agarwal Industrial C
B
133.70
+ 10.36
Suryalakshmi Cot
B
147.95
+ 10.33
Chemfab Alkalis
B
162.70
+ 10.16
Mangalam Drugs
B
164.70
+ 9.98
Kesar Terminals & In
B
661.55
+ 9.50
Carborundum Uni.
B
251.60
+ 9.11
TOP LOSERS:



Company
Group
Current Price
% Change
Maha. Scooters
B
1,345.00
-6.39
Omkar Speciality Che
B
147.95
-6.18
Balaji Amines Li
B
263.40
-4.03
Oberoi Realty
A
295.55
-4.45
M&M Fin.Services
A
332.05
-3.87
Gujarat Pipavav Port
A
185.45
-3.18

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