Friday, 22 July 2016

WEEKLY TRADING TIP FOR STOCK CASH

“BUY TATAMETALI at 500 TGT 520/540 SL 480”
The Sensex rose 93 points to end at 27,803 and the Nifty climbed 31 points to close at 8,541. Markets recouped intra-day losses to end marginally higher on reports that the GST constitutional amendment bill has been listed for discussion in the Rajya Sabha next week. Biocon climbed 15.3% to Rs.808. The pharma company posted a net profit after taxes, minority interest and share of profit of associates of Rs.1666 mn for the quarter ended June 30, 2016 as compared to Rs.1239 mn for the quarter ended June 30, 2015. Raymond dropped 6.6% to Rs.457.65 on BSE. The company reported net loss at Rs.16.61 crore in the quarter ended June 2016 as against net loss of Rs.14.47 crore during the previous quarter ended June 2015. Gujarat Narmada Valley Fertilizers and Chemicals dropped 7.5% to Rs.158. The company posted a net profit of Rs.69.25 crore as compared to net loss of Rs.27.11 crore a year ago.
GLOBAL MARKET:
On the global front, Asian stocks closed on mixed note. The Shanghai Composite index and Hong Kong’s Hang Seng index closed lower. Nikkei 225 slipped 1.1%.In Europe, the FTSE
100 and DAX were trading in green. CAC 40 trading marginally down.
TOP GAINERS:
Company
Group
Current Price
% Change
Renaissance Jeweller
B
148.50
+ 17.44
Motilal Oswal Financ
B
483.85
+ 15.24
TAAL Enterprises
B
428.55
+ 14.68
Rane Brake Lining Lt
B
639.55
+ 12.26
TIL Ltd.
B
300.00
+ 11.94
Guj. Alkalie & C
B
248.20
+ 11.70
Maithan Alloys Ltd.
B
412.70
+ 10.82
TOP LOSERS:



Company
Group
Current Price
% Change
Gujarat Narmada Vall
B
158.35
-7.53
Shreyas Shipping & L
B
392.65
-6.38
Capri Global Capital
B
134.40
-5.75
Asian Hotels (West)
B
146.00
-5.32
Sreeleathers Ltd.
B
156.80
-5.00

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