Friday, 9 February 2018

WEEKLY STOCK FUTURE CALL FOR 12-16 FEB 2018


BUY AVADHSUGAR ABOVE 740 TGT 800/850 SL 660
Sensex slumped over 407 points or 1.18 per cent to end at a one-month low of 34,005 and the Nifty dropped 121 points or 1.15 per cent to 10,454 mark due to widespread sell-off after global rout in stocks returned on worries over rising US interest rates. Remsons Industries Ltd shares jumped 5% to Rs100. Surya Roshni Ltd jumped 9.14% to Rs509. SAIL shares jump 7% on Q3 net profit Aviation stocks trading higher after crude oil prices fell. Jet Airways India Ltd rose 2%, SpiceJet Ltd advanced 2% ,Steel Authority of India Ltd rose 6%, Manappuram Finance Ltd shares fell 4.1% to Rs104, State Bank of India’s stock dropped 1.3% to Rs297, Glenmark Pharmaceuticals Ltd shares declined 8% to Rs534.
GLOBAL MARKET:
The Shanghai Composite Index had tumbled as much as 6.0 per cent to its lowest since May 2017, and the blue chip CSI300 index dived as 6.1 per cent. Both indexes had pruned the
losses to just over 4 per cent by the time they closed, but it was still their largest single-day losses since February 2016. Japan's Nikkei had also shed 2.3 per cent, en route to a weekly loss of 8.1 per cent - its biggest since February 2016 too. For MSCI's broadest index of world shares, the 47-country ACWI the slump was 6.2 per cent, which as long as it is still more than 6.1 per cent when US markets close later will be the biggest loss since September 2011.
TOP GAINERS:
Company
Group
Current Price
% Change
BF Investment Ltd.
B
346.60
+ 17.89
Hinduja Ventures
B
787.75
+ 13.82
Vishal Fabrics Ltd.
B
415.00
+ 13.68
Avadh Sugar & Energy
B
763.95
+ 13.22
Hind Rectifiers
B
142.90
+ 11.47
Uttam Sugar Mills
B
128.25
+ 11.42
SORIL Infra Resource
B
230.25
+ 9.98
Foseco India Lim
B
1,802.00
+ 8.56
Huhtamaki PPL
B
344.00
+ 7.43
TOP LOSERS:
Company
Group
Current Price
% Change
Ajmera Realty & Infr
B
268.05
-13.20
Star Paper Mills
B
252.90
-7.63
Arihant Superstructu
B
147.05
-5.92
APL Apollo Tubes
B
2,080.20
-5.78
Shreyans Inds.
B
172.55
-5.61
Hinduja Global Solut
B
938.75
-5.47
Nalwa Sons Investmen
B
1,137.00
-5.17

No comments:

Post a Comment