Thursday, 19 May 2016

After a lot of struggle fearing fed rate hike and results of assembly elections ,Sensex tumbles 300 pts; Nifty shuts below 7,800 mark

TPLPLASTEH ROCKS HIT TGT 520 !!!!!!!!!!!!!!!
FOR MORE JACKPOT CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
After a lot of struggle fearing fed rate hike and results of assembly elections, the market has ended with losses. The Sensex slipped 304.89 points or 1.2 percent at 25399.72, and the Nifty ended 86.75 points or 1.1 percent at 7783.40.while the broader Nifty hovered around the key 7,800 on Thursday. A win for the BJP in Assam failed to lift market sentiments, weighed down by concerns of a near-term US interest rate hike. The rupee also traded at over two-month low, below 67 per dollar. Sun TV Network slumped 11% to Rs.379.75 on Tamil Nadu assembly election trends,Tamil Nadu assembly elections showed the ruling AIADMK leading in 92 seats against DMK 52. The Chennai-based company is owned by Kalanithi Maran, the grandnephew of DMK President M Karunanidhi. JK Lakshmi Cement rallied 6% to Rs. 363.70. The company posted a net profit of Rs.483.80 mn for the quarter ended March 31, 2016 compared with Rs.60.50 mn for the quarter ended March 31, 2015. Torrent Power cracked 9.4% to Rs. 205.75. The company posted a net profit at Rs. 277.60 mn for the quarter ended March 31, 2016 compared with Rs. 1816.10 mn for the quarter ended March 31, 2015.
GLOBAL MARKET
European market dropped on Thursday, with weaker oil and metal prices putting pressure on commodity stocks, while concerns about another US rate hike in the near-term also weighed on markets. The FTSE 100 is trading lower by 1.39%. DAX and the CAC 40 are trading marginally down 1% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Trigyn Technolog
B
119.10
+ 13.27
Tata Metaliks
B
185.20
+ 9.98
TPL Plastech Ltd.
B
509.00
+ 9.70
Parag Milk Foods
B
247.80
+ 9.16
Technocraft Industri
B
244.50
+ 6.30
Kesar Terminals & In
B
409.00
+ 5.79
TOP LOSERS:
Company
Group
Current Price
% Change
Sun TV Network Ltd.
A
370.90
-13.43
Torrent Power Ltd.
A
201.35
-11.36
Upper Ganges Sug
B
176.70
-9.85
Guj. Fluorochemi
B
463.50
-8.67
Subros Ltd.
B
105.00
-8.38


No comments:

Post a Comment