Thursday, 5 July 2018

STOCK TIP TO TRADE FOR 06 JUL 2018


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Benchmark indices ended slightly lower on Thursday with index heavyweights such as Infosys and Tata Steel losing ground, while a looming deadline for imposition of US tariffs on China also  played on investors’ minds.The S&P BSE Sensex ended at 35,575, down 71 points. The broader Nifty50 index settled at 10,750, down 20 points. Among sectoral indices, the Nifty Metal index settled 1.4% lower led by a fall in shares of National Aluminium Company and Vedanta. The Nifty IT index, too, ended 1.1% lower led by a fall in the shares of Infosys and KPIT Technologies.On S&P BSE Sensex, market heavyweight Reliance Industries (RIL) slipped 2.5% to end at Rs 965.
Infosys was the top loser of the day on the 30-share index, falling 4.5% to end at Rs 1284.50. Shares of Force Motors added 4.7 percent intraday Thursday on the back of production and sales data for the month of June.On Wednesday, automaker made an announcement in respect of the production, sale and export of the products manufactured by the company during the month of June 2018.The company's June production stood at 2,484 units, while it sold 2,545 units and export 124 units in June 2018.

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TOP GAINERS: YES BANK ,MUTHOOT FINANCE,AMBUJA CEMENT
MAJORLOOSERS: IDBI,INFOSYS,BAHARAT FORGE

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