Thursday, 19 July 2018

STOCK TIPS FOR 20 JUL 2018


BUY ASHOK LEYLAND ABOVE 105 TG 108,113 SL 100
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
Benchmark indices ended flat on Thursday with losses in IT and pharma stocks such as TCS, Mindtree offsetting gains in PSU Banks like SBI, Bank of Baroda, a day ahead of a no-confidence motion against the government.On Friday, the parliament will debate a no-confidence motion tabled by opposition parties against the Prime Minister Narendra Modi’s government on Wednesday, the first day of the monsoon session.The  S&P BSE Sensex ended at 36,351, down 22 points while the broader Nifty50 index settled at 10,957, down 23 points.Mid-cap IT stock Mindtree lost 12.2 per cent, its biggest intraday fall since September 2011. Larsen & Toubro Infotech and Hexaware Technologies were also trading lower.
The stock ended over 8% lowerFMCG stocks, however, gained with the Nifty FMCG index gaining 0.7 per cent with ITC, Colgate Palmolive up over 1.5 per cent each. HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Consumer Durable sector. The brokerage house expects TTK PRESTIGE to report net profit at Rs. 30 crore up 21.6% year-on-year (down 8.1% quarter-on-quarter).Net Sales are expected to increase by 16.8 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 420 crore, according to HDFC.

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TOP GAINERS:APOLLO TYRES,ADANI ENTERPRISES,BANK OF INDIA
MAJORLOOSERS: PC JEWELLERS,MINDTREE,BHARAT FORGE




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