Monday, December 17, 2018

MARKET SUMMARY-17 DEC



FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>
INTRADAY TIPS FOR TOMORROW
BUY COAL INDIA FUTURE ABOVE 251 TGT 255/259 SL 248
Market started the day in positive territory and continued to trade with strength through the day to finally close with gains of over 0.50 per cent. The S&P BSE sensex ended at 36,270, up 307 points, while the broader Nifty50 index settled at 10,888, up 83 points. Global markets, however, traded on a mixed note. Asian stocks traded higher ahead of the US Federal Reserve meeting this week while US stocks dropped sharply on Friday after a batch of weaker-than-expected economic data out of China and Europe sparked fresh worries about the state of the world's second-biggest economy and prospects for global growth. On the sectoral front, barring the realty index which closed in negative territory, all other sectoral indices on the National Stock Exchange closed the day with gains. Tata Motors traded higher for the fifth straight day, gaining 4.1% at Rs 174 on BSE after a news report suggested that the company-owned Jaguar Land Rover plans to cut thousands of jobs as part of a turnaround strategy. “Glenmark has been granted a competitive generic therapy designation for Hydrocortisone Valerate Ointment USP, 0.2%, therefore, with this approval; Glenmark is eligible for 180 days of CGT exclusivity upon commercialization. This is Glenmark’s first granted CGT product approved by the FDA,” Glenmark Pharma said in a regulatory filing.
TOP GAINERS :,TATAMOTORS,HDFC,HINDALCO
 MAJOR LOOSERS : KOTAK MAHINDRA,INDIABULLS,INFOSYS

No comments:

Post a Comment

12-JULY-2019 MARKET SUMMARY

Nifty settled   at   1152 levels. down 32 point today. SBI Life Insurance share made all time high today of   Rs. 780 apiece up 3 % becau...