Friday, 29 September 2017

SENSEX ERASES GAINS; CLOSES FLAT

WEEKLY CALL: BUY MOIL ABOVE 189 TG 195/200 SL 181

Sensex closed almost unchanged at 31,283, up 1.24 points, or 0.00%, while Nifty rose 19.65 points, or 0.20%, to close at 9,788. The Sensex and Nifty gained for a second straight session on Friday as the domestic sentiment improved after the government stuck to its budgeted market borrowing for the year, easing concerns New Delhi would widen its fiscal deficit target. Shreyas Shipping & Logistics Ltd rose 7% to Rs 461. Lovable Lingerie Ltd rose 13% to Rs 252.90. Gail India Ltd rose 7% to Rs 423.30. Tourism Finance Corp. Of India surged 8% to Rs 152.
GLOBAL MARKET:
Asian currencies were trading mixed. South Korean won was up 0.27%, Indonesian rupiah 0.19%, Philippines peso 0.17%, Malaysian ringgit 0.05%. However, Japanese yen was down 0.25%, China renminbi 0.24%, China Offshore 0.23%, Singapore dollar 0.07%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 93.22, up 0.15% from its previous close of 93.085.
TOP GAINERS:
Company
Group
Current Price
% Change
Orient Press Ltd
B
163.10
+ 19.97
Shirpur Gold Refiner
B
152.10
+ 11.39
Rupa & Company L
B
429.95
+ 10.63
Gujarat Apollo Indus
B
243.65
+ 10.00
Ponni Sugars (Erode)
B
176.90
+ 9.64
Onward Technolog
B
128.90
+ 8.87
Lovable Lingerie Ltd
B
244.85
+ 8.77
TOP LOSERS:
Company
Group
Current Price
% Change
ITI
B
137.20
-8.20
Bharat Road Network
B
178.55
-5.93
TV Vision
B
113.95
-4.96
Weizmann Forex
B
710.10
-4.95
Petron Engineeri
B
146.10
-4.94
Panama Petrochem
B
219.15
-4.90
Sterling Tools L
B
245.10
-4.74

Thursday, 28 September 2017

NIFTY BREAKS LOSING STREAK, CLOSES ABOVE 9,750

Sensex was up 53.91 points or 0.17 per cent at 31,213. and Nifty was up 9.6 points or 0.1 per cent at 9,745. The Sensex and Nifty were trading marginally higher but the overall sentiment was muted ahead of the expiry of derivative contracts later in the day and as the rupee continued to weaken against the dollar. Ashiana Housing Ltd rose 3% to Rs 167. Hindustan Petroleum Corp ltd fell 4% to Rs 399.60 . Cyient Ltd rose 4% to Rs 505. Deep Industries Ltd rose 2.2% to Rs 220.25. Ruchi Soya Industries Ltd surged 13% to Rs 25.10.
GLOBAL MARKET:
Asian shares were firm, while US bond yields and the dollar held sizeable gains made the previous day after President Donald Trump proposed the biggest US tax overhaul in three decades. Japan's Nikkei rose 0.5 per cent, while MSCI's broadest index of Asia-Pacific shares outside Japan was little changed in early trade. The Dow Jones Industrial Average index rose 56.39 points or 0.25 per cent to 22,340. The S&P500 index gained 10.2 points or 0.41 per cent to 2,507. The Nasdaq Composite index added 73.10 points or 1.15 per cent to 6,453
TOP GAINERS:
Company
Group
Current Price
% Change
Orient Press Ltd
B
135.95
+ 19.99
Sheela Foam
B
1,530.00
+ 8.37
Johnson Controls-Hit
B
1,999.00
+ 7.80
Bannari Amman Su
B
2,299.00
+ 7.36
Career Point
B
143.85
+ 7.19
Future Lifestyle
B
341.65
+ 6.85
TCI Developers Ltd.
B
442.00
+ 6.76
Vindhya Telelink
B
1,119.00
+ 6.75
Damodar Industries
B
109.90
+ 6.75
TOP LOSERS:
Company
Group
Current Price
% Change
Salona Cotspin L
B
96.25
-9.33
TV Vision
B
119.90
-4.99
KIOCL
B
166.80
-4.98
Emkay Global Financi
B
248.70
-4.97
Bannari Amman Spinni
B
310.00
-4.32
Tainwala Chem.
B
116.60
-4.31
Shoppers Stop
B
447.00
-4.15

Wednesday, 27 September 2017

SENSEX, NIFTY FALL OVER 1% AS ARMY CONDUCTS OPERATIONS ALONG INDIA-MYANMAR BORDER

The sensex ended the day at a near 3-month low of 31,159, down 439 points or 1.39 per cent, while nifty closed at 9,735.75, down 1.38 per cent or 135.75 points, hitting its one-and-a-half month low level. The benchmark Sensex crashed 440 points as the Indian Army today inflicted “heavy casualties” on NSCN(K) cadre during an operation along the India-Myanmar border.
                      Domestic market extended its losing streak for the seventh straight session. Pharma stocks fell. Divi’s Lab fell 6.4%, Sun Pharmaceuticals Industries Ltd 2.8%, Torrent Pharma 2.7%, Cadila Healthcare 2.3%, Wokhardt Ltd 3% Hindustan Unilever Ltd fell 2.3% to Rs 1190. Shriram Transport Finance Co Ltd rose 3.4% to Rs1041, Divi’s Laboratories Ltd fell 7% to Rs893.70 Edelweiss Financial Services Ltd rose 5% to Rs292
GLOBAL MARKET:
Asian shares rose on Wednesday as investors hoped for progress on major tax reform in the United States, while the dollar hovered near one-month highs on growing expectations of a US interest rate increase in December. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2 per cent, after falling for four straight days to a three-week trough. Japan's Nikkei was off 0.5 per cent, with some stocks trading ex-dividend, while Australia's main index eased 0.3 per cent. The Dow Jones Industrial Average fell 10.05 points or 0.05 per cent to 22,286.04, the S&P 500 gained 0.23 points or 0.01 per cent to 2,496.89 and the Nasdaq Composite added 9.57 points or 0.15 per cent to 6,380.16.
TOP GAINERS:
Company
Group
Current Price
% Change
Apex Frozen Foods
B
320.25
+ 9.79
Petron Engineeri
B
146.60
+ 4.98
Goa Carbons
B
462.05
+ 4.57
ITI
B
150.30
+ 3.98
Asian Hotels (North)
B
120.00
+ 3.85
Phoenix Mills
B
503.00
+ 3.69
Jayant Agro Org
B
454.85
+ 3.59
Huhtamaki PPL
B
209.95
+ 3.42
TOP LOSERS:
Company
Group
Current Price
% Change
TV Vision
B
126.20
-9.99
SPML Infra
B
133.80
-8.58
TV Today Network Ltd
B
340.15
-8.51
Gokaldas Exports
B
99.80
-8.06
Career Point
B
134.45
-7.59
MOIL Ltd.
B
180.75
-6.95
Vivimed Labs
B
128.10
-6.90