Showing posts with label LIVE MARKET CALLS. Show all posts
Showing posts with label LIVE MARKET CALLS. Show all posts

Saturday, May 18, 2019

STOCK SHARES REVIEW


 20 stocks including Bajaj Finance, Shree Cement, SRF, DCM Shriram and Greaves Cotton recorded an over 100 per cent returns in the past two consecutive election calendar years and have outperformed the market thus far in the calendar year 2019 .As the 2019 Lok Sabha elections enter their final lap, with polling for only one of the seven phases left, all eyes are now on the outcome, which will be known on May 23.The equity market is volatile ahead of election results outcome, with the mid-and-small-cap indices down 9 per cent in past one month, while the broader S&P BSE500 index slipped 6 per cent and the benchmark S&P BSE Sensex down 5 per cent.Thus far in CY19, the S&P BSE Sensex has risen 4 per cent, while the S&P BSE500 index has remained flat. However, there are 20 stocks from the S&P BSE 500 index which have outpaced the market by surging 61 per cent thus far in CY19. These stocks gave multi-bagger returns in the previous two election calendar years - 2009 and 2014.Heidelberg Cement, Cera Sanitaryware, HSIL, Somany Ceramics, Blue Star, KRBL, Kalpataru Power Transmission and JK Lakshmi Cement are the among the 13 stocks that have gained over 10 per cent so far in CY19.Interestingly, of these 20 stocks, three companies are each from cement and sanitaryware manufacturing sectors. The list includes stocks from the S&P BSE 500 index, which account for nearly 93 per cent of the total market capitalisation of listed companies on the BSE.DCM Shriram, the top gainer in the list, rallied 61 per cent so far in CY19. The company reported a six-fold jump in the consolidated net profit at Rs 293 crore in March quarter of FY19. It had posted a profit of Rs 51 crore during the same quarter last year.The management said the chemical business, which accounted 36 per cent of total revenue, continues to record strong performance with continuous volumes growth and steady margins.SRF hit a new high of Rs 2,814 on Wednesday, May 15, and has surged 38 per cent in CY19. The company reported 54 per cent year-on-year  jump in consolidated net profit at Rs 191 crore in March quarter on the back of healthy revenue growth. The consolidated revenue grew 29 per cent to Rs 2,072 crore on basis.Bajaj Finance hit a new high of Rs 3,298 on Friday, up 6 per cent on the BSE, gaining 18 per cent thus far in CY19. The company recorded a strong 57 per cent year-on-year ) growth in net profit at Rs 1,176 crore in March quarter. The company’s net interest income, or NII, grew 50 per cent at Rs 3,394 crore on basis.Bajaj Finance's assets under management (AUM) rose 41 per cent to Rs 1.16 trillion, against analysts' expectations of 40 per cent over the previous year quarter.In the previous election calendar year 2014, the stock rallied 121 per cent, while in 2009, it zoomed 408 per cent. Since January 2008, the share price of Bajaj Finance has skyrocketed 52,249 per cent from level of Rs 6.30, as compared to 288 per cent surge in the S&P BSE Sensex


Saturday, March 16, 2019

STOCK MARKET REVIEW OF WEEK 12-15 MARCH 2019


The S&P BSE Sensex pared gains in late trade after hitting a top of 38,254 during the day on March 15. The index rose above 38,000 for the first time since September 17, 2018.The Nifty50 also reclaimed 11,400 for the first time since September 18, 2018.NiftyBank touched yet another record high of 29,520, led by gains in Kotak Mahindra Bank, IDFC First Bank, SBI, PNB, Federal Bank, Bank of Baroda and ICICI Bank.Even RBI relaxed the PCA norms for Bank of India, Bank of Maharashtra, Oriental Bank of Commerce, Allahabad Bank & Corporation Bank subject to continuous monitoring. This would help in credit growth for some of these PSU.Liquidity has given ammunition to the bulls to charge ahead. Foreign investors have poured in more than Rs 14,000 crore in Indian markets so far in March while domestic institutional investors have pulled out nearly Rs 7000 crore in the same period.Nifty formed a bullish candle on the daily charts which also resembled a ‘Shooting Star’ kind of pattern while on the weekly charts, the index formed a bullish candle.Formation of a Shooting Star pattern suggests a pause in momentum, but that still requires confirmation. If the index closes below 11,370 on Monday then further consolidation cannot be ruled out in the coming week.Contrary to this, sustaining above 11,370 levels the Nifty can make an attempt to target the zone of 11,550 – 600 levels in the week ahead.The short term traders are advised to be  neutral  on index and should shift their focus to stock specific opportunities.

Wednesday, October 31, 2018

MARKET SUMMERY OF 31-OCT-2018


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The benchmark indices settled around 0.5 per cent lower weighed by metal and private bank stocks.The S&P BSE Sensex ended at 33,891, down 176 points while the broader Nifty50 index settled at 10,198, down 52 points. The benchmark indices settled around 0.5 per cent lower weighed by metal and private bank stocks. The S&P BSE Sensex ended at 33,891, down 176 points while the broader Nifty50 index settled at 10,198, down 52 pointsThe S&P BSE Sensex ended at 33,891, down 176 points while the broader Nifty50 index settled at 10,198, down 52 points.Among sectoral indices, the Nifty Bank index ended 0.6 per cent lower led by a fall in the shares of IndusInd Bank and ICICI Bank. The Nifty Metal index, too, settled 1.1 per cent lower weighed by Coal India. However, Nifty PSU Bank index rose for the second consecutive day, ending 2.5 per cent higher led by Union Bank of India and Canara Bank.
In individual stocks, Bharat Petroleum Corporation (BPCL) ended around 4 per cent lower at Rs 265.65 on the BSE after the oil marketing company reported a 48.3 per cent decline in its net profit to Rs 12.1871 billion for the second quarter ended September 2018. Among other stocks, Reliance Industries (RIL) fell 2.7 per cent to Rs 1,058.90 on the BSE.CIn individual stocks, Bharat Petroleum Corporation (BPCL) ended around 4 per cent lower at Rs 265.65 on the BSE after the oil marketing company reported a 48.3 per cent decline in its net profit to Rs 12.1871 billion for the second quarter ended September 2018. Among other stocks, Reliance Industries (RIL) fell 2.7 per cent to Rs 1,058.90 on the BSE.
TOP GAINERS: HDFC, UPL, TECHM
MAJORLOOSERS: MARUTI, TATASTEEL, COALINDIA

Monday, October 29, 2018

MARKET SUMMARY OF 29 OCT 2018


BUY TATAGLOBAL FUTURE ABOVE 222 TGT 224.50,229 SL 218
SELL GRANULES BELOW 99 TG 98.50,96 SL 102

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The S&P BSE Sensex reclaimed the 34,000-mark, ending at 34,067, up 718 points, while the broader Nifty50 index settled at 10,251, up 221 points.Among key stocks, ICICI Bank settled over 11 per cent to Rs 351.45 on the National Stock Exchange (NSE) after the private sector lender reported better-than-expected results for the September quarter of FY19.Divi’s Laboratories surged 15 per cent to end at Rs 1,444.20 on the NSE after the it reported a healthy 92% year-on-year (Y-o-Y) jump in its net profit at Rs 3.98 billion in September quarter (Q2FY19), on back of strong revenue growth. The company had a profit of Rs 2.07 billion in the year-ago quarter.In sectoral indices, Nifty PSU Bank index post sharpest single-day gain in past one year, surging 8 per cent after a media report suggested that the government expects some changes in the prompt corrective action (PCA) framework prescribed by the Reserve Bank of India (RBI) to enable more sanction of credit by PSU Bharti Airtel Ltd, India’s second-biggest wireless carrier, is delaying a planned initial public offering of its Africa unit due to the turmoil in emerging-market stocks, people with knowledge of the matter said.

Wednesday, October 17, 2018

MARKET SUMMARY OF 17 OCT 2018


Snapping its three-day winning streak, the domestic equity market slipped into the negative territory on Wednesday amid heavy selling in auto and financial stocks. The S&P BSE Sensex lost 383 points or 1 per cent to settle at 34,780 with YES Bank being the top loser (down nearly 7 per cent) and ITC (up over 1 per cent) the top gainer. The broader NSE's Nifty50 index lost 132 points or 1.24 per cent to end at 10,453. Bank stocks came under pressure on the back of weekly expiry. The Nifty Bank Index fell 401 points or 2 per cent to settle at 25,189. Auto stocks too tumbled during the session with the Nifty Auto index ending 3 per cent lower at 8,835.  Shares of non-banking financial companies (NBFCs), mainly housing finance companies (HFCs) were under pressure with Repco Home Finance, Dewan Housing Finance Corporation (DHFL), Indiabulls Housing Finance and Edelweiss Financial Services plunging up to 13% on the BSE.Among individual stocks, Reliance Industries (RIL) ended over 1 per cent lower at Rs 1,149 ahead of its Q2 results, due later in the day. In a Bloomberg poll, seven analysts expect RIL to report consolidated revenue of Rs 1.40 trillion and 10 analysts expect RIL’s net income to be Rs 96.29 billion.

Monday, September 24, 2018

MARKET SUMMARY 24 SEP 2018


SELL UNIONBANK BELOW 72 TG 70,68 SL 74
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The benchmark indices settled lower for the fifth straight session, falling 1.5 per cent
weighed by financial and automobile stocks.The S&P BSE Sensex ended at 36,305, down 537 points. The index had hit an intraday low of 36,216.95. The broader Nifty50 index settled at 10,975, down 168 points, hitting an intraday low of 10,943.60.The bank stocks ended in red with Nifty Bank index slipping 2.6 per cent due to fall in share prices of RBL Bank and Punjab National Bank (PNB). The Nifty Auto index also fell 3.7 per cent due to a fall in Mahindra & Mahindra and Eicher Motors.In the broader markets, the S&P BSE MidCap index settled 2.4 per cent while the S&P BSE SmallCap index slipped 2.7 per cent.

Tuesday, September 18, 2018

STOCK TIP TO TRADE FOR 19 SEP 2018


BUY JINDALSTEEL ABOVE 230 TG 235,242 SL 223
HEXAWARE CALL GIVEN IN LAST POST WAS NOT EXECUTED .
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
The benchmark indices settled lower for the second consecutive day, falling nearly 1 per cent on Tuesday tracking weakness in the global markets.
The S&P BSE Sensex ended at 37,291, down 295 points while the broader Nifty50 index
settled at 11,279, down 99 points.Among sectoral indices, the Nifty PSU Bank index settled 5.4 per cent lower weighed by a fall in Bank of Baroda (BoB), which slipped 17 per cent to Rs 112.20 on the National Stock Exchange (NSE) after the government on Monday proposed to create the country’s third-largest bank by amalgamating Dena Bank and Vijaya Bank with much larger Bank of Baroda (BoB) in an all-stock deal. The banks’ boards are expected to meet in 10 days to take a callThe three state-owned banks Bank of Baroda, Dena Bank and Vijaya Bank saw a mixed reaction at the bourses on Tuesday, a day after the government proposed to amalgamate them into a combined entity.

Friday, September 14, 2018

REASONS FOR UPTREND IN MARKET TODAY 14-09-18

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The equity markets settled 1 per cent higher on Friday as the rupee recovered against the dollar.The S&P BSE Sensex reclaimed the 38,000 mark to end at 38,091, up 373 points while the broader Nifty50 index settled at 11,515, up 145 points.In the broader markets, the S&P BSE MidCap settled 1.6 per cent higher and the S&P BSE SmallCap rose 1.4 per cent.Among sectoral indices, the Nifty Pharma index settled 2.5 per cent higher led by a rise in the share prices of Divi's Laboratories and Piramal Enterprises. On the other hand, the Nifty Bank index rose 1.3 per cent led by YES Bank and IDFC Bank. "Ease in inflation and recovery in rupee added optimism in the market. Stability in yield and rupee will be crucial for the market momentum while investors have continued to stay cautious due to global triggers. The global peers also traded on a positive note in expectation of ease in trade tensions between US & China.

Saturday, September 8, 2018

STOCK TIP TO TRADE FOR 10 SEP 2018


BUY STAR ABOVE 505 TG 512,525 SL 495

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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.

Friday, August 31, 2018

STOCK MARKET SUMMARY 31-08-18


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The benchmark indices ended flat on Friday amid weakness in the rupee, which hit a new low breaching 71 per dollar mark for the first time earlier in the day.The S&P BSE Sensex ended at 38,645, down 45 points while the broader Nifty50 index settled at 11,680, up 4 points.Oil-to-telecom heavyweight Reliance Industries (RIL) settled 2.75 per cent lower at Rs 1,239 on the BSE.Among sectoral indices, the Nifty Pharma index rose 2.7 per cent led by a rise in Lupin and Dr. Reddy's Laboratories. The Nifty IT index, too, settled 1.8 per cent higher led by Tech Mahindra and MindTree. However, Nifty Bank index slipped 0.15 per cent due to a fall in YES Bank's shares. Shares of Larsen & Toubro (L&T) hit an over two-month high of Rs 1,374 per share, up 2%, gaining 11% in the past two weeks after the company announced a share buyback proposal. In comparison, the S&P BSE Sensex was up 2% during the same period. The stock was trading at its highest level since June 4, 2018, on the BSE.Engineering conglomerate L&T’s board on August 24 approved the company’s first buyback in its 80 years, for up to 4.29% of its paid-up equity capital, aggregating to a value of about Rs 90 billion.The company approved a proposal to buy back up to 60 million equity shares at a maximum price of Rs 1,500 per equity share for an amount of Rs 90 billion, L&T said in its statement to exchanges.

Tuesday, August 21, 2018

MARKET SUMMARY OF 21 AUG 2018


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The benchmark indices settled broadly flat on Tuesday amid firm Asian markets.
The S&P BSE 
Sensex settled at a fresh record closing high of 38,286, up 7 points, while the broader Nifty 50 index closed at a new high of 11,571, up 19 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,402.96. The Nifty50 index, on the other hand, touched its record high level of 11,581.75.Among sectoral indices, the Nifty Realty index slipped around 2 per cent due to fall in shares of Housing Development and Infrastructure and Unitech. On the other hand, Nifty Pharma index was the lead gainer, rising over 1.5 per cent led by Glenmark Pharmaceuticals and Piramal Enterprises. The total market capitalisation of BSE-listed companies touched a new high of Rs 156.89 trillion on Tuesday, after strong gains in heavyweight stocks from the information technology (IT), fast moving consumer goods (FMCG) and private lenders.Investor wealth of BSE-listed firms, measured by market capitalisation (m-cap), had seen a previous record high of Rs 156.57 trillion scaled on January 23, 2018, the BSE data shows.In absolute terms, top five companies – Tata Consultancy Services (TCS), Reliance Industries (RIL), Hindustan Unilever (HUL), Bajaj Finance and HDFC Bank - have collectively contributed Rs 5.58 trillion m-cap rise since January 23 levels. TCS (Rs 1.77 trillion) and RIL (Rs 1.68 trillion) accounted 62% of total m-cap gain by these five companies.

TOP GAINERS:UPL,TECHM,COAL INDIA
MAJORLOOSERS: TATASTEEL,BPCL,VEDL

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...