CALLS GIVEN ON 2 JUNE 2015
ZEEL CALL ROCKS..!!!!!
ALMOST ACHIEVED TGT AT 332.85 TOTAL
FUTURE:
“BUY ASIANPAINT ABOVE 760
TGT 780 SL 745”
Bears remained in charge of the second consecutive session
on Wednesday as equity benchmarks lost more than 1.2 percent. The 30-share BSE
Sensex closed below the 27000-mark, down 352
points to 26837. The 50-share NSE Nifty plunged 102 points to 8149 and made a low of 8098,
dragged by FMCG, pharma, auto and select banks stocks.
Sensex ends below 27K; FMCG drags, Infosys up Investor sentiment continued to be fragile on RBI’s hawkish forecast indicating further rate cut may be delayed till next calendar year. Monsoon forecast downgrade, weak earnings growth in Q4FY15 and slowdown in services sector also fuelled fears of slow economic growth going ahead. The Sensex ended down 352 points or 1.3 percent at 26837. and the Nifty slipped 102 points or 1.2 percent at 8149. About 622 shares advanced, 2111 shares declined and 121 shares were unchanged.
NTPC,
Infosys, Coal India, Bharti Airtel and HDFC Bank were top gainers in the
Sensex. Among the losers are Tata Power, ITC, ONGC, SBI and GAIL. Shares of Adani Enterprises recovered
all losses after falling 80 per cent in intraday trade as the company merged
its power and port businesses with group firms Adani Power and Adani
Enterprises. Adani
Ports will issue new equity to Adani Enterprises shareholders in the ratio of
14,123 shares for every 10,000 held. Adani Power will issue new equity in the
ratio of 18,596 shares for every 10,000 held in Adani Enterprises. Adani Mining
will be merged into Adani Enterprises. Adani Power was down 2.21% in trade.
Adani Ports fell 3.73%.Nestle plunged over 11 per cent in intraday trade
as trouble mounted for Maggi.Sensex ends below 27K; FMCG drags, Infosys up Investor sentiment continued to be fragile on RBI’s hawkish forecast indicating further rate cut may be delayed till next calendar year. Monsoon forecast downgrade, weak earnings growth in Q4FY15 and slowdown in services sector also fuelled fears of slow economic growth going ahead. The Sensex ended down 352 points or 1.3 percent at 26837. and the Nifty slipped 102 points or 1.2 percent at 8149. About 622 shares advanced, 2111 shares declined and 121 shares were unchanged.
TOP GAINERS AND LOSERS ARE:
|
Sectors
|
Change %
|
Top Gainer/Losers
Company |
|
Telecomm-Service
|
1.7 %
|
Idea
Cellular
|
|
Paints/Varnish
|
0.5 %
|
Asian
Paints
|
|
IT -
Software
|
1.0 %
|
Infosys
|
|
Tobacco
Products
|
-3.0
%
|
ITC
|
|
Crude Oil
& Natural Gas
|
-3.95
%
|
Cairn India
|
|
Gas
Distribution
|
-3.62
%
|
GAIL
(India)
|
|
Textiles
|
-2.73
%
|
Grasim Inds
|
|
FMCG
|
-2.2
%
|
Hind.
Unilever
|
|
Cement
|
-1.6
%
|
UltraTech
Cem.
|
|
Capital
Goods - Electrical Equipment
|
-1.3
%
|
B H E L
|
Good blog,Just continue writing this kind of post !!!!!!!
ReplyDelete