Friday, 23 March 2018

WEEKLY STOCK CASH CALL FOR 26-30 MARCH 2018


BUY REPCOHOME ABOVE 540 TGT 590/650 SL 480
FREE STOCK CASH/NIFTY/FUTURE/OPTION TIPS FILL UP THE FORM HERE>>>

Markets plunged to a five-month low on Friday as jittery investors rushed to sell shares on heightened fears of a trade war after US President Donald Trump announced $50 billion in tariffs on Chinese imports. Moreover back home, banking stocks fell further after CBI filed two more fraud cases involving Union Bank of India and State Bank of India. Sensex closed 410 points lower, while NSE’s Nifty 50 settled below the 10,000 mark, down 117 points. The Sensex has fallen 10% from the record highs it hit on 29 January. Today Sensex closed lower by 409.73 points, or 1.24%, to 32,596. while the Nifty 50 declined 116.70 points, or 1.15%, to close at 9,998. Bharat Dynamics shares open 15.9% lower at Rs360 Tata Steel Ltd shares fell 3.3% to Rs561 Union Bank of India shares fell 6% to Rs89. Other banking stocks fell. ICICI Bank fell 2.8%, Yes Bank 2.6%, Axis Bank 2%, State Bank of India 2%
GLOBAL MARKET:
Heated rhetoric between the United States and China over import tariffs has led to global
trade war fears. US President Donald Trump signed a presidential memorandum that could impose tariffs on up to $60 billion of Chinese goods including steel, although the measures have a 30-day consultation period. In retaliation, China unveiled plans to impose tariffs on up to $3 billion of US imports. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 2.4 per cent, tracking a huge overnight fall in the US markets.
TOP GAINERS:
Company
Group
Current Price
% Change
Bella Casa Fashion &
B
199.55
+ 7.55
Pioneer Distille
B
189.25
+ 7.28
Shemaroo Entertainme
B
502.50
+ 6.44
Greenlam Industries
B
1,128.00
+ 5.48
TRF Ltd
B
230.10
+ 5.00
Somany Ceramics Ltd.
B
698.95
+ 4.50
M M Forgings Ltd.
B
1,059.00
+ 3.67
CCL Products India
B
286.00
+ 3.66
Nalwa Sons Investmen
B
1,083.40
+ 3.63
TOP LOSERS:
Company
Group
Current Price
% Change
Ceinsys Tech
B
180.00
-13.04
TPL Plastech Ltd.
B
441.90
-10.84
Gala Global Products
B
287.25
-10.00
Mohota Industries L
B
166.20
-9.99
Uttam Sugar Mills
B
99.55
-9.95
Poddar Housing
B
950.35
-9.44
Future Market Net
B
118.00
-9.23

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