Friday, 20 May 2016

WEEKELY TRADING TIPS FOR STOCK CASH

 “BUY RUSHIL ABOVE 347 TGT 355/370 SL 330”
After trading in a narrow range, markets have turned choppy in the late trades as fears of interest rate hike resurfaced. Weakness in rupee further dented sentiments. Sensex is down 67 points at 25,332 and the Nifty50 has shed 26 points to quote at 7,757. Lupin Ltd was lower by 7% at Rs.1544. Lupin posted a net profit after taxes and minority interest of Rs.8070.80 mn for the quarter ended March 31, 2016 whereas the same was at Rs.5470.10 mn for the quarter ended March 31, 2015. GHCL rallied 8.6% to Rs.157.25 after the company reported its Q4 net profit stood at Rs.79 crore. The total income for the quarter was at Rs.650.4 crore. The stock hit 52-week high at Rs.159.30.Pidilite Industries climbed 3.6% to Rs.638.55. The company reported 48.97% increase in standalone net profit to Rs.115.04 crore for the March quarter. Total income increased from Rs.10525.10 million for the quarter ended March 31, 2015 to Rs.12594.70 million for the quarter ended March 31, 2016.
GLOBAL MARKET
Asian shares are trading positive amid a strong on hopes that the US Federal Reserve could raise rates as early as next month. Japan's Nikkei is trading 0.3% higher on the back of a weak yen. However, China’s benchmark index Shanghi Composite is trading flat. Hong Kong’s Hang Seng is up 0.8%. Wall Street fell on Thursday with the Dow Jones industrial average and the S&P 500 both touching roughly two-month lows before paring losses.
TOP GAINERS:
Company
Group
Current Price
% Change
Tata Metaliks
B
203.70
+ 9.99
8K Miles Software
B
1,734.95
+ 8.77
Allsec Technologies
B
200.70
+ 7.67
GHCL
B
155.35
+ 7.29
Karnataka Bank
A
120.05
+ 7.14
Pidilite Inds.
A
653.35
+ 5.97
TOP LOSERS:
Company
Group
Current Price
% Change
Vaibhav Global Ltd.
B
240.90
-15.13
Intl. Combustion
XD
243.40
-12.16
J L Morison (India)
XC
930.00
-11.51
Lupin Ltd.
A
1,505.15
-9.10

1 comment:

  1. PREMIUM CALL:- BUY SILVER ABOVE 40000 T1 40250 T2 40450 SL 39750

    Nifty Tips

    ReplyDelete