Tuesday, 22 May 2018

STOCK CASH CALL FOR 23-MAY-2018


BUY STAR ABOVE 400 TGT 430/450 SL 370
The Sensex was up 14.3 points or 0.04 per cent at 34,630. and the Nifty up 13.45 points or 0.13 per cent at 10,530. Sensex and  Nifty traded flat on Tuesday following mixed cues from global markets and over political uncertainty in Karnataka amid fourth quarter earnings. Asian markets were subdued early on Tuesday despite gains seen on Wall Street on the back of an apparent cooling in recent US-China trade tensions. The Indian rupee on Tuesday strengthened marginally against the US dollar, tracking gains in Asian currencies.DLF Ltd shares fell 4% to Rs185. Just Dial shares rose 6% to Rs431. Future Retail Ltd shares fell 5.1% to Rs 501 . SBI shares were trading 0.47% up at Rs246, Andhra Bank (down 2.29%), Bata India (down 0.17%), Cipla (down 0.17%), IOC (down 1.94%) are among the companies that will be announcing their March quarter earnings today. Indian generic drug maker Dr. Reddy’s Laboratories Ltd posted an about 3% fall. 
GLOBAL MARKET:
Asian shares skidded on Tuesday as a strong dollar sapped demand for emerging market
assets while surging oil prices stoked concerns about a flare-up in inflation and faster US interest rate increases. Japan’s Nikkei was mostly flat. Chinese shares opened in the red with the blue-chip CSI300 off 0.7%. Liquidity was relatively thin due to holidays in South Korea and Hong Kong. MSCI’s broadest index of Asia-Pacific shares outside Japan was just a shade higher at 568.4 points.
TOP GAINERS:
Company
Group
Current Price
% Change
8K Miles Software
B
637.20
+ 20.00
Man Industries I
B
129.00
+ 12.13
Pearl Global Industr
B
126.70
+ 11.63
Avadh Sugar & Energy
B
378.00
+ 10.53
Panacea Biotec L
B
256.00
+ 10.13
Orient Bell
B
301.75
+ 10.09
Emami Infrastructure
B
272.00
+ 9.88
Arrow Greentech
B
296.75
+ 9.66
Bella Casa Fashion &
B
182.00
+ 8.92
TOP LOSERS:
Company
Group
Current Price
% Change
SMS Lifesciences Ind
B
342.00
-12.76
Dhunseri Petrochem L
B
146.90
-9.99
Bigbloc Construction
B
136.55
-8.32
RCI Industries & Tec
B
114.75
-8.20
Panama Petrochem
B
166.60
-7.39
Ucal Fuel System
B
239.05
-7.07
CL Educate
B
202.00
-6.05
EIH Associated
B
504.00
-5.60
Hatsun Agro Prod
B
748.05
-5.58
Weizmann Forex
B
900.00
-5.38

No comments:

Post a Comment