Monday, July 16, 2018

STOCK TIPS TO TRADE FOR 17 JUL 2018


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The Sensex and Nifty fell on Monday, dented by losses in energy, realty and healthcare stocks, with subdued Asian peers and rising inflation dampening sentiment further, while technology stocks gained with Infosys hitting an all-time high on upbeat quarterly results.
The S&P BSE Sensex ended at 36,324, down 218 points while the broader Nifty50 index settled at 10,937, down 82 points.Among sectoral indices, the Nifty Pharma index ended 4 per cent lower led by a fall in the shares of Dr. Reddy's Laboratories and Sun Pharmaceutical Industries. The Nifty Metal index too has fallen over 3.5 per cent lower led by fall in Jindal Stainless (Hisar) and Tata Steel.Energy shares took a beating after crude prices dropped as concerns around supply disruptions eased, while traders eyed potential supply hikes by Russia and other oil producers.
Reliance Industries slipped nearly 2% per cent, while Hindustan Petroleum Corp declined pver 2 per cent. Shares of Jet Airways touched 52-week low of Rs 303.30, down 8 percent intraday Monday as company offers discount on base fare on international flight tickets.The company is offering up to 20 percent discount on base fare in premiere and economy class for travel from India to Paris, Bordeaux, Clermont-Ferrand, Lyon, Marseille, Montpellier, Nice, Nantes, Rennes, Strasbourg and ToulouseThe discount is applicable on return journeys only on flights operate by Jet Airways and its codeshare partners Air France and KLM Royal Dutch Airlines.The discount offer is valid on tickets purchased between July 13 and July 17, 2018.

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TOP GAINERS:ADANI PORTS,JUBLIANT FOOD WORKS,MINDTREE LMD
MAJORLOOSERS: PC JEWLEER,RELIANCE CAPITAL,DISH TV


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