NEWS MARKET CORNER

NEWS CORNER

  1. Shares of Indoco Remedies surged nearly 20 percent intraday on July 26 as the company received EIR from USFDA. The company has received the establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for their sterile facility (Plant II) and solid dosages facility (Plant III) at Verna, Goa.

    stock corner
    stock corner
  2. Shares of Yes Bank rallied 10 percent intraday on July 26 after a media report indicated that global private equity firms TPG Capital and Advent International could infuse fresh capital in the private sector lender. The stock rallied 13 percent in last 5 sessions, but in last one year, it lost 75 percent of value amid rising bad debts and unexpected loss.
  3. Shares of Bajaj Finance rose 6.5 percent intraday on July 26 after research house Jefferies maintained buy rating on the stock on better June quarter numbers. The company has reported June quarter consolidated net profit at Rs 1,195 crore, a jump of 43 percent against the consolidated profit of Rs 835.9 crore in the corresponding period of the last fiscal.
  4. Shares of Tata Motors rebounded nearly 3 percent intraday on July 26 after hitting a fresh nine-year low in early trade after a disappointing show in June quarter (Q1). Global brokerage houses are mixed in their opinion with CLSA cutting price target on the stock.
  5. Share price of Punjab National Bank (PNB) rose 2.2 percent intraday July 26 as company approved to raise capital worth Rs 5000 crore.A meeting of the board of directors granted approval for raising equity capital amounting up to Rs 5000 crore in one or more tranches through qualified institutional placements (QIP)/ follow-on public offer(FPO)/rights issue.

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सेंसेक्स- निफ्टी लाल निशान में, निफ्टी 11,292 के आसपास

आज के कारोबार में सेंसेक्स और निफ्टी दोनों ही लाल निशान में कारोबार करते नजर आ रहे है। सेंसेक्स 80 अंक से ज्यादा की गिरावट के साथ 37,903 के नीचे कारोबार कर रहा है जबकि निफ्टी 0.36 फीसदी की कमजोरी के साथ कारोबार कर रहा है।मिड और स्मॉल कैप शेयरों में भी बिकवाली का दबाव बना हुआ है। बीएसई का मिड कैप इंडेक्स 1 फीसदी की गिरावट के साथ 13,775.65 के स्तर पर कारोबार कर रहा है जबकि स्मॉल कैप इंडेक्स 0.32 फीसदी की कमजोरी के साथ 13,164.49 के स्तर पर नजर आ रहा है। तेल- गैस शेयरों में भी दबाव देखने को मिल रहा है। बीएसई का ऑय़ल एंड गैस इंडेक्स 1.22 फीसदी की गिरावट के साथ कामकाज कर रहा है।

सेंसेक्स- निफ्टी लाल निशान में, निफ्टी 11,292 के आसपास

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Technical outlook of top 2 stocks

  • DIVISLAB

Stock had given breakout of its resistance and able to sustain above it which can be seen in above charts further strong is expected.

chart.PNG

INTRADAY
R1 1610 Stock Info
R2 1625
R3 1640 VOLUME 316636
LEVEL 1606 DAY HIGH 1631.00
S1 1585 DAY LOW 1600.10
S2 1570 MARKET LOT SIZE  
S3 1560 VWAP  
All over trends Sideways to Positive    
  • MCDOWELL-N

Stock had given breakouts of its resistance and sustain near around it buying may continue in stock.

chart.PNG

INTRADAY
R1 590 Stock Info
R2 603
R3 610 VOLUME 320992
LEVEL 582 DAY HIGH 592.60
S1 570 DAY LOW 580.05
S2 563    
S3 557    
All over trends Bullish    

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Stock Market Corner

Stock Corner

  1. Shares of HDFC AMChit a 52-week high on the BSE in today’s trade. The stock has rallied for the fourth consecutive session. Also, the stock has surpassed its previous high of Rs1,970 recorded on August 27, 2018.
STOCK NEWS CORNER UPDATES
STOCK NEWS CORNER UPDATES
  1. Reddy’s Laboratories Ltd. announced the launch of Tobramycin Inhalation Solution, USP a therapeutic equivalent generic version of TOBI (tobramycin) Inhalation Solution, approved by the US Food and Drug Administration (USFDA).
  2. Over 20 percent of Infosys’ shareholders have voted against changing employment terms of the CEO and MD Salil Parekh, even as promoters have unanimously approved the move, voting results of the recently concluded annual general meeting show.
  3. Close to 21.61 percent of public shareholders voted against changing the terms of employment of Parekh. This includes slashing the vesting period of performance-based shares every year, as opposed to after three years before.

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Stock Market Corner

Stock Corner

  1. Shares of HDFC AMC hit a 52-week high on the BSE in today’s trade. The stock has rallied for the fourth consecutive session. Also, the stock has surpassed its previous high of Rs1,970 recorded on August 27, 2018.
stock corner
stock corner
  1. Reddy’s Laboratories Ltd. announced the launch of Tobramycin Inhalation Solution, USP a therapeutic equivalent generic version of TOBI (tobramycin) Inhalation Solution, approved by the US Food and Drug Administration (USFDA).
  2. Over 20 percent of Infosys’ shareholders have voted against changing employment terms of the CEO and MD Salil Parekh, even as promoters have unanimously approved the move, voting results of the recently concluded annual general meeting show
  3. Close to 21.61 percent of public shareholders voted against changing the terms of employment of Parekh. This includes slashing the vesting period of performance-based shares every year, as opposed to after three years before.

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सेंसेक्स 32 अंक नीचे, निफ्टी 11,690 के आसपास

ग्लोबल मार्केट्स में सुस्ती का माहौल है। एशियाई बाजारों में कमजोरी के साथ कारोबार हो रहा है। कल के कारोबार में अमेरिकी बाजार भी फ्लैट हुए बंद हुए। अमेरीका ने ईरान पर नए प्रतिबंध लगा दिए हैं जिससें ईरान की अरबों की संपत्ति फ्रीज हो जाएगी। ईरान के प्रमुख नेता अली खमेनेई को भी बैन के दायरे में रखा गया। नए प्रतिबंध लगाने के बाद अमेरिकी राष्ट्रपति डॉनल्ड ट्रंप ने कहा कि वो तब तक दबाव बनाते रहेंगे जब तक ईरान खतरनाक गतिविधयां बंद नहीं कर देता। ईरान पर प्रतिबंध लगाए जाने के बाद अमेरिका के वित्त मंत्री  ने कहा है कि अगर ईरान बातचीत के लिए तैयार है तो हम बात करेंगे।

सेंसेक्स 32 अंक नीचे, निफ्टी 11,690 के आसपास

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Technical outlook of top 2 stocks

  • DISHTV FUT

Stock had given breakouts of its resistance and able to sustain above it which can be seen in above charts further strong is expected.

chart

INTRADAY
R1 31.70 Stock Info
R2 32.57
R3 34.03 VOLUME 4946.28
LEVEL 410 DAY HIGH 31
S1 29.43 DAY LOW 28.80
S2 27.97 MARKET LOT SIZE 8000
S3 27.13 VWAP 29.84
All over trends Sideways to Negative    
  • GRASIM FUT

Stock had given breakouts of its resistance and sustain near around it buying may continue in stock.

chart.PNG

INTRADAY
R1 916 Stock Info
R2 931
R3 954 VOLUME 13442.10
LEVEL 153.50 DAY HIGH 907.50
S1 879 DAY LOW 869.70
S2 855 MARKET LOT  SIZE 750
S3 841 VWAP 886.43
All over trends Bullish    

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Stocks Market Corner

Stocks Corner

  1. Shares of Adani Group companies surged up to 17 per cent intra-day on the BSE on Monday supported by heavy buy volumes after exit polls predicted the Bharatiya Janta Party (BJP)-led National Democratic Alliance (NDA) to form government on May 23

    stock corner
    stock corner
  2. Shares of Dr Reddy’s Laboratories plunged 7 per cent to Rs 2,544 in intra-day trade on the BSE in an otherwise strong market after the company reported disappointing margin in January-March quarter (Q4FY19).The company’s gross margin for the Q4 was at 52.4 per cent. On the year-on-year (YoY) basis, the gross margin declined by around 100 basis points (bps), primarily on account of price erosion, partially offset by new launches and favorable forex rates.
  3. Muthoot Finance has reported 4QFY19 numbers with healthy AUM growth of 18% YoY.Net Interest Income grew by 6%/13% YoY/QoQ in 4QFY19. PAT has registered a low growth of 1%/6% YoY/QoQ.NIM increased by 113 bps to 14.64% in 4QFY19 on the account of increase in yield QoQ .The average cost of funding stood at 9.3% in 4QFY19 and incremental borrowing cost stood at 9.5%.
  1. Tata Motors has reported a 49 percent fall in its consolidated net profit at Rs 1,108 crore.The company had reported a profit of Rs 2,175 crore in a year ago period.  The figure above includes profit attributable to shareholders of the company and non-controlling interests.Revenue of the company declined to Rs 86,422 crore against Rs 89,928.97.  of Bajaj Auto on May 20 defied the broader market sentiment and settled with over 1 percent loss on bourseThough the fourth quarter earnings for the auto major was a good show in a tough environment, the company is expected to face margin pressure.

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NDA 200 सीटों पर आगे, सेंसेक्स-निफ्टी रिकॉर्ड स्तर पर

शुरुआती रुझान में NDA 200 सीटों पर आगे चल रही है। इस खबर से शेयर बाजार प्री-ओपनिंग सेशन में रिकॉर्ड हाई पर पहुंचा। सेंसेक्स में 500 से ज्यादा की तेजी आ चुकी है।

NDA 200 सीटों पर आगे, सेंसेक्स-निफ्टी रिकॉर्ड स्तर पर

सुबह 9.18 पर सेंसेक्स 539.05 अंक यानी 1.38 फीसदी की तेजी के साथ 39649.26 पर पहुंच गया था। निफ्टी 156 अंक यानी 1.33 फीसदी चढ़कर 11893.90 पर पहुंच गया है। शेयर बाजार के करीब 821 शेयर आगे चल रहे हैं और 118 शेयर पीछे चल रहे हैं। 17 शेयरों के भाव में कोई बदलाव नहीं हुआ है।

देश की 17वीं लोकसभा के लिए हुए चुनावों के नतीजे आज यानी गुरुवार को आ रहे हैं। पूरे देश की निगाहें इन नतीजों पर टिकी हुई हैं। बाजार की परफॉर्मेंस भी आज नतीजों पर ही टिकी हुई है।

एक्सपर्ट्स का कहना है कि अगर कल के नतीजे एग्जिट पोल से अलग होते हैं तो निफ्टी में 3 से 5 फीसदी की गिरावट आएगी। लेकिन अगर नतीजे एग्जिट पोल से बहुत अलग नहीं हुए तो बाजार में बहुत तेजी नहीं आएगी। बाजार सीमित दायरे में ही कारोबार करेगा।

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Bank Nifty Market View

Bank Nifty snaps three weeks of losing streak and end the week on green zone ahead of exit polls outcome on Sunday as well as  saw pull back from its 20DMA on weekly charts. For now 30250 seen as immediate resistance while on lower side 28550 will act as a support for now.

Weekly Chart

chart

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