YESTERDAY'S UPDATE OF TATASTEEL

LAST RECOMMENDATION GIVEN ON 21 JAN 2016:

TATASTEEL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: TATASTEEL HIT FINAL TGT 250 MADE HIGH OF 250.25
LOT SIZE: 2000

TOTAL INTRA DAY PROFIT: 49400 IN JUST TWO LOT

DAILY CHART FOR TATASTEEL:

MARKET SUMMARY OF 22 JAN 2016

The Sensex opened at 24,122, touched an intra-day high of 24,473 and low of 24,120. It finally ended with a gain of 473 points at 25,436. The NSE Nifty opened at 7,356 hitting a high of 7,433 and low of 7,328, before ending with a gain of 146 points at 7,422.What a recovery! The Indian equity market jumped with nifty sky rocketing almost by 150 points in a single session re-conquering the 7400 mark.

The buying momentum was so strong that barring the telecom sector all the other BSE sectoral indices ended with smart gains. The metal, auto, consumer discretionary, healthcare and capital goods index led the rally. Even the mid-cap and small-cap index ended with smart gains. Shares of Axis Bank gained by over 4% after announcing its result. 

TODAY’S RESULT

L&T Fin. Q3:

Cons. NP at Rs. 212 cr. Vs 181.6 cr. (YoY)

Cons. Inc. from operations at Rs. 1820 cr. Vs 1572 Cr. (YoY)

Cons. Gross NPA at 3.33% Vs 3.08% (QoQ)

Cons. Net NPA at 2.23% Vs 2% (QoQ)

Cons. NII at Rs. 805.2 Vs 677 cr. (YoY)