Saturday, September 8, 2018

STOCK TIP TO TRADE FOR 10 SEP 2018


BUY STAR ABOVE 505 TG 512,525 SL 495

FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
The benchmark indices ended higher on Friday aided by strong gains in automobiles and metal stocks after the rupee firmed against US dollar.The S&P BSE Sensex ended at 38,390, up 147 points while the broader Nifty50 index settled at 11,589, up 52 points.
Among the sectoral indices, the Nifty Auto index settled 2.2 per cent higher led by a rise in the share prices of Hero MotoCorp, Bajaj Auto, Mahindra and Mahindra, and Tata Motors. Nifty Metal index, too, rose 1.9 per cent led by MOIL and Jindal Steel & Power.The rupee was trading higher by 24 paise to 71.75 against the US currency in late morning deals on Friday due to sustained bouts of dollar selling from banks and exporters.

 Earlier, the rupee resumed slightly higher at 71.95 against yesterday's closing level of 71.99 a dollar at the interbank foreign exchange market hereThe stock of Bajaj Auto gained over 5 per cent on Friday after the company announced an expansion of three-wheeler capacity to cater to a spurt in demand, as well as tailwinds from regulatory changes on three-wheeler permits. The company is expanding its three-wheeler and quadricycle capacity from 0.84 million to a million units per annum.
Demand for three-wheelers has gone up as new permits are being released in Maharashtra, Karnataka, Andhra Pradesh and Delhi. In fact, three-wheeler sales for the company have been growing at a rapid clip over the last few quarters, with growth ...

TOP GAINERS:HEROMOTOCOP,LUPIN,BHARTIARTL
MAJORLOOSERS: YESBANK,ADANIPORT,POWERGRID

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