Thursday, 4 January 2018

SENSEX ENDS AT 33,970; NIFTY RECLAIMS 10,500-MARK

POSITIONAL CALL: BUY RNAVAL ABOVE 57 TGT 62/70 SL 50
INTRADAY CALL: BUY HCC ABOVE 41.50 TGT 43.50/45.50 SL 40
The Sensex rebounded by over 176 points to finish at 33,970, while the Nifty reclaimed the 10,500-mark as investors piled into recently-battered metal, capital goods, and consumer durables stocks. The Sensex opened higher at 33,912 and hovered in a range of 33,995 to 33,802 before finishing at 33,969, showing a gain of 176 points or 0.52 percent. The gauge had lost 263 points in the previous three sessions. Similarly, the Nifty also closed higher by 61 points, or 0.59 percent, at 10,504 after shuttling between 10,513 and 10,441.Control Print Ltd rose 2.47% to Rs479.Optimus Infracom Ltd surged 5% to Rs196. Veer Energy and Infrastructure Ltd surged 5.33% to Rs39. Unichem Laboratories Ltd rose 4% to Rs345.
GLOBAL MARKET:
Asian shares scaled a 10-year high on Thursday as solid economic data from the United States and Germany reinforced investors' optimism while oil prices hovered at 2-1/2-year high with unrest in Iran stoking supply disruption concerns.MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent, coming near its 2007 peak, with Australian shares hitting a decade high. Japan's Nikkei jumped 2.0 percent on its first trading day of the year while the broader Topix hit its highest level since 1991.
TOP GAINERS:
Company
Group
Current Price
% Change
Visaka Indus.
B
774.40
+ 16.97
Jindal Stainless
B
123.25
+ 14.86
Hubtown
B
155.40
+ 13.68
JK Paper Ltd.
B
163.50
+ 13.15
NOCIL Ltd.
B
218.50
+ 13.12
Sudarshan Chem.
B
440.75
+ 12.41
Smartlink Network
B
132.85
+ 11.64
Meghmani Organics Lt
B
122.55
+ 11.61
Camlin Fine Sciences
B
144.80
+ 11.56
TOP LOSERS:
Company
Group
Current Price
% Change
Gayatri Projects
B
212.75
-6.73
Wendt India
B
3,815.00
-6.59
T T Ltd.
B
128.35
-6.18
Phoenix Mills
B
581.05
-5.99
Esab India
B
900.70
-5.35
Foseco India Lim
B
2,062.00
-5.01

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