Friday, 29 July 2016

WEEKLY TRADING TIP FOR STOCK CASH

“BUY  ALPHAGEO at 800 TGT 830/860 SL 775”
The Sensex ended down 157 points at 28,052 and the Nifty slipped 28 points to settle at 8,639. Gujarat Alkalies & Chemicals Ltd jumped 13% to Rs.273. The company said its net profit for the June quarter rose 95.1% to Rs.86.26 crore as compared to Rs.44.21 crore a year ago. Thirumalai Chemicals Ltd dropped 8% to Rs.333. The company said its net profit stood at Rs.20.24 crore in June quarter, up 6.08% from Rs.19.08 crore a year ago. Net sales fell 17.7% to Rs.217.77 crore. Gujarat State Fertilizers & Chemicals Ltd fell 5% to Rs.70 after the company said its net profit fell 54% in June quarter to Rs.46.30 crore as compared to Rs.100.94 crore a year ago.
GLOBAL MARKET:
On the global front, Asian shares closed in red after the Bank of Japan kept interest rates and government bond buying unchanged after the conclusion of a two-day monetary policy meeting. The Bank of Japan expanded monetary stimulus through increase in purchases of exchange-rated funds. Japan’s Nikkei closed in green, while Hong Kong’s Hang Seng and
China’s Shanghai Composite dropped between 0.5%-1.3%.In Europe, the FTSE 100 was trading down 0.15%. DAX and the CAC 40 were trading flat.
TOP GAINERS:

Company
Group
Current Price
% Change
Dwarikesh Sugar
B
274.45
+ 16.59
Upper Ganges Sug
B
507.15
+ 13.51
Guj. Alkalie & C
B
273.05
+ 12.97
Phillips Carbon
B
204.90
+ 8.67
Andhra Sugars Lt
B
253.60
+ 7.64
Capri Global Capital
B
186.25
+ 7.53
VKJ Infradevelopers
B
141.80
+ 7.46
TOP LOSERS:



Company
Group
Current Price
% Change
GeeCee Ventures
B
173.10
-18.33
De Nora India Ltd.
B
358.60
-13.31
Thirumalai Chem.
B
333.15
-7.96
IVP
B
114.00
-6.56
Indian Card Clot
B
239.10
-5.87

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