Tuesday, 5 June 2018

STOCK CASH CALL FOR 06 JUNE 2018


YESTERDAY'S SADBHAV HIT FIRST TGT 352 BUY GIVEN @ 345 !!
BUY APOLSINHOT ABOVE 1410 TGT 1500/1550 SL 1300
Sensex and Nifty traded lower for the second day on Tuesday as investor turned cautious ahead of the Reserve Bank of India’s policy statement on Wednesday. Of the 15 economists surveyed, 11 expect the central bank to keep the repo rate unchanged at 6%. Moreover, most Asian markets declined after the previous day’s rally. Sensex traded lower by 49.99 points, or 0.14%, to 34,961, while the Nifty fell 18.15 points, or 0.17%, to 10,610. Biocon Ltd shares jumped 7% to Rs695. Sugar stocks gains after a report that the centre is going to announce a Rs8,000 crore package to help sugar mills clear pending payments to sugarcane farmers. Bajaj Hindusthan Sugar Ltd rose 4%, Balrampur Chini Mills Ltd 3%, Shree Renuka Sugars 0.3%, Mawana Sugars Ltd 4%, Dwarikesh Sugar Industries Ltd 3%, Avadh Sugar & Energy
Ltd 5%. Reliance Communications Ltd fell 5% to Rs15. Godrej Agrovet shares were trading at Rs626., down 2.54%. Ruchi Soya shares were down 4.99% at Rs14. Unichem Laboratories Ltd. Force Motors Ltd shares fell 2.51% to Rs2,676.
GLOBAL MARKET:
Asian stocks pulled back on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade concerns.MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.1% after surging 1.4% the previous day. Japan’s Nikkei gained 0.2% and South Korea’s KOSPI lost 0.15%. Hong Kong’s Hang Seng shed 0.2% and the Shanghai Composite Index was little changed.
TOP GAINERS:
Company
Group
Current Price
% Change
Crest Ventures
B
170.00
+ 5.10
Asian Star Co
B
988.00
+ 4.94
S P Apparels Ltd.
B
327.50
+ 3.56
Cupid Ltd.
B
240.00
+ 3.40
Shankara Building Pr
B
1,545.05
+ 2.78
Sreeleathers Ltd.
B
245.00
+ 2.77
Intrasoft Technologi
B
415.05
+ 2.47
Suven Life Sciences
B
190.45
+ 2.39
Vaibhav Global Ltd.
B
689.90
+ 2.37
Poddar Pigments
B
261.00
+ 2.35
TOP LOSERS:
Company
Group
Current Price
% Change
KEI Industries
B
394.65
-13.16
Thirumalai Chem.
B
1,266.00
-12.89
Alphageo (India)
B
597.55
-12.22
Rane (Madras)
B
678.00
-10.94
Shree Pushkar Chemic
B
180.90
-10.27
Deep Industries
B
96.45
-9.99
Nath Bio-Genes
B
412.50
-9.42

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