Equity Report Outlook|24 carat financial services | 11 August 2017

-

Equity tips:-

 
equity tips
Equity tips
Ni
  •  Nifty future is looking bearish on the charts .In today’s trading session Nifty traded with negative movement and closed with overall loss of 0.49%. Nifty has breached its important support mark of 9900 and  sustaining below it.  In upcoming trading sessions further down side movement can be seen in it and it can test down side levels of 9830 & 9780 if it breaches its next support level of 9850 while upside 9920 will act as a good resistance level.

equity tips
Equity tips
  •  Bank Nifty future is looking bearish on the charts .In today’s trading session Bank Nifty traded with negative movement and closed with overall loss of 0.45%. Bank Nifty has breached its support level of 24400 and sustaining below it.  In upcoming trading sessions further down side movement can be seen in it and it can test down side levels of 24200 & 24100 if it breaches its next support level of 24300 while upside 24500 will act as a good resistance level. 

NIFTY & SENSEX

Nifty ends at one-month closing lows 

  • Nifty ended at 9,820 level slipping by 87 points whereas BSE Sensex closed lower losing 266 points at 31,531 level. 
  • Markets were strongly dominated by bearish sentiments on Thursday's trade. Nifty ended at 9,820 level slipping by 87 points whereas BSE Sensex closed lower losing 266 points at 31,531 level. Tech Mahindra was the top Nifty gainer on Thursday’s trade. 
  • Tech Mahindra closed higher by 2.89% at Rs 405.25 per share.  
  1. BSE Mid-cap index closed lower by 2.64% at 14,755. BSE Small-cap index closed lower by 2.90% at 15,181. India VIX closed higher by 4.4% at 14.04. 
  2. There were 108 advances, 1331 declines and 15 unchanged stocks on NSE reflecting a strong negative undertone floating in the market.  
  3. Tech Mahindra, Aurobindo Pharma and Infosys are the top Nifty gainers, whereas Tata Motors, Tata Motors DVR and Dr Reddy’s Laboratories are the top Nifty losers.
  4. Realty Stocks witnessed a steep fall in the closing hours of trade. Realty stocks namely DLF closed lower by 8% at Rs 164.35 per share, HDIL closed lower 2.26% at Rs 56.10 per share, Oberoi Realty closed down 0.79% at Rs 370 per share and Indiabulls Real Estate closed lower by 8.66% at Rs 227.85 per share.
  5. Tata Motors closed lower by 8.60% at Rs 380.90 per share after posting weak results. The stock also traded on a new 52-weeek low of Rs 376.00 per share.
  6. Dr Reddy’s Laboratories closed lower by 4.77% at Rs 1948.95 per share and Sun Pharma Industries closed lower by 3.08% at Rs 460.15 per share.
  7. Securities and Appellate Tribunal (SAT) has stayed Securities and Exchange Board of India (SEBI) directions on J Kumar Infraprojects and Prakash Industries. The tribunal directed the market regulator to revert the status of these two companies. SAT is also likely to hear Parsvnath Developers’ argument on Friday.  

Closing Bell :- 

Gainers:- 
Tech Mahindra (+3%),   
Aurobindo (+2%).
Losers:-
 Tata Motors (-8%), 
Dr Reddy's (-5%) 
Tata Motors, Skoda shelve partnership plan.
SAT stays SEBI order on J Kumar Infra and Prakash Industries.
 
Manpasand Beverages:-
 board approves bonus in ratio of 1:1. Stock rises 2%. 

Tata Motors;-
 shares fall 8% after its Q1 results failed to meet analyst expectations.

ADAG stocks:-
 down. Reliance Infra (-8%), Reliance Defence (-7%), Reliance Comm (-5%), Reliance Capital (-4%).

Nifty Real Estate Index:-
 falls 5%. DLF (-6%), Indiabulls Real Estate (-6%), Prestige (-4%).

BHEL:-
approves 1:2 bonus issue. Stock down 4%.

Motherson Sumi;-
 stock down 3% as the company post poor results.

Results Update Q1 FY18:-

Adani Power:-
Q1 FY18 (YoY): Net loss at Rs 454 Cr. Revenue at Rs 5,590 Cr vs Rs 5,386 Cr (+4%). 

BHEL:-
 Q1 FY18 (YoY): PAT at Rs 81 Cr vs Rs 78 Cr (+4%). Revenue at Rs 5,732 Cr vs Rs 5,821 Cr (-2%).
Motherson Sumi:-
 Q1 FY18 (YoY): PAT at 347 Cr vs Rs 439 Cr (-21%). Revenue at Rs 13,367 Cr vs Rs 10,624 Cr (+26%).

Petronet LNG:-
 Q1 FY18 (YoY): PAT at Rs 438 Cr (+16%). Revenue at Rs 6,435 Cr (+21%).
Coffee Day:-
 Q1 FY18 (YoY): PAT at Rs 27 Cr (+51%). Revenue at Rs 814 Cr (+10%).

Dishman Pharma:-
 Q1 FY18 (YoY): PAT at Rs 13 Cr (-57%). Revenue at Rs 338 Cr (-8%).

If you want to more information regarding the Stock tips,commodity tips, nifty tips missed call @ 9069102223 or fill form http://24cfin.com/free-trial




Location: India

Comments

Post a Comment

Popular posts from this blog

Markets likely to open flat; services sector growth contracts in July

-
Image
Equity tips:- Indian equity markets are likely to open flat on Friday following mixed sentiments prevailing in Asian markets. The SGX Nifty, which was trading at 10,042 unchanged, hinting at a flat start for the day. Nifty50 has immediate support placed around level of 9,980 and the next support is seen around the level of 9,920. On the upside, resistance is seen around the level of 10,065 and the next resistance around the level of 10,100.  Key results for the day: Apollo Tyre, Arvind, Berger Paint, Dabur, EID Parry, Fortis, M&M, Hindustan Petroleum, GSFC and Repco Home. Back home, Indian markets ended lower for the second consecutive session on Thursday as private survey showed that India’s services sector contracted in July and slipped to its lowest level in nearly four years. The BSE Sensex fell 239 points to settle at 32,238 and the Nifty plunged 68 points to settle at 10,014. The US stocks closed mostly lower on Thursday, though the Dow In...
Read more

Opening Bell - Nifty opens flat; Bank Nifty down by over 100 points

-
Image
Equity tips:- The BSE Sensex opened higher by 26 points at 32502, while the Nifty50 opened almost flat at the 10081 mark. Sun Pharma was top Nifty gainer trading at Rs 527.3 per share, up by 0.72% while Tata Steel was top Nifty loser trading at Rs 563.5 per share, down by 1.01%. There were 680 advances, 673 declines and 466 unchanged stocks on NSE reflecting mixed sentiments floating in the market. Bank Nifty index opened at 25002 level, down by 53 points and is now trading at 24935 level, down by 103 points. All the bank stocks have been trading in negative territory. Bajaj Electricals, CEAT, Colpal, Cummins India, HCC, IOC and Titan are the important companies which are going to announce their financial results for the quarter ended June 30, 2017. Rupee opened at 63.67 per US Dollar as against yesterday’s closing of 63.7 per USD. US stock displayed a mixed performance on Wednesday with the Dow finished above the important psychological 22,000 mark for ...
Read more

Opening bell – Markets open at record high ahead of RBI’s policy outcome

-
Image
Equity tips:- Nifty opened at 10136 level, up by 22 points while Sensex opened at 32641 level, up by 66 points. Lupin was top Nifty gainer trading at Rs 1032.2 per share, up by 1.4% whereas ONGC was top Nifty loser trading at Rs 165.9 per share, down by 0.9%. Bank Nifty opened at 25190 level, up by 67 points and was trading at 25158 level, up by 39 points ahead of RBI  monetary policy decision. Punjab National Bank was top gainer in the index trading at Rs 159.1 per share, up by 1.02% ahead of its quarterly result. There were 893 advances, 532 declines and 498 unchanged stocks on NSE reflecting fairly positive undertone. The rupee opened at 64.12 per US Dollar. US stock-market indices closed higher on Tuesday with the Dow reached another new record closing high. The Dow Jones Industrial Average edged up 73 points to 21,964, the Nasdaq Composite Index surged 15 points to 6,363 and the S&P 500 rose 6 points to end at 2,476. Asian stocks were t...
Read more