Wednesday, 28 September 2016

DAILY TRADING TIP FOR STOCK CASH

BUY MCX ABOVE 1250 TGT 1270/1300 SL 1220
The Sensex ended up 69 points to settle at 28,293 and the Nifty settled 39 points higher at 8,745.Mangalore Chemicals & Fertilizers jumped 6.5% to Rs.47.50 on the BSE. The company said in a notice to BSE that its shareholders have rejected the proposal of transaction with Zuari Agro Chemicals Ltd. Nandan Denim climbed 12.6% on its plans to issue 50 lakh convertible warrants on preferential basis to foreign investors at Rs.200 each including premium of Rs.190. Vivimed Labs has soared 9.7% to Rs.112.65 after investor Ashish Kacholia acquired nearly two percentage point stake in the company through open market.
GLOBAL MARKET:
On the global front, Asian stocks closed on a mixed note. Hong Kong’s Hang Seng advanced 0.20%, China’s Shanghai Composite ended marginally lower, while Japan’s Nikkei slipped 1.3%.European stocks rose with investor sentiment buoyed by a rally in the banking sector. The FTSE 100 is up 0.63% while the CAC 40 and DAX have gained 0.8% each.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Nath Bio-Genes
B
120.60
+ 20.00
Venus Remedies L
B
120.05
+ 19.99
The Byke Hospitality
B
194.15
+ 19.11
TVS Srichakra Lt
B
3,744.15
+ 18.18
Nandan Denim
B
143.10
+ 12.63
Hitech Plast
B
191.85
+ 11.87
Shree Pushkar Chemic
B
140.90
+ 11.56
TOP LOSERS:
Company
Group
Current Price (Rs)
% Change
Som Distilleries
B
170.65
-17.92
Capri Global Capital
B
313.40
-8.03
Bannari Amman Spinni
B
317.20
-5.30
Captain Polyplast L
B
138.00
-5.25
Mahamaya Steel Indus
B
249.80
-4.98
Saksoft Ltd.
B
208.20
-4.50

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