Tuesday, April 2, 2019

LIVE MARKET BEL AND EQUITAS CALLS ROCKS


FOR LIVE  FREE TRIAL  CALLS FILL THE FORM>>>>
BEL call first tg acheived . hope u have booked profit of 14400.EQUITAS call also acheived first tg hope u have booked profit of 4000.
The domestic equity market ended in the positive territory on Tuesday amid buying in select blue-chip counters such as Tata Motors, Bharti Airtel, TCS and Bajaj Finance. The S&P BSE Sensex closed above the crucial 39,000-mark for the first time at 39,057, up 185 points. The NSE's Nifty50 index closed at 11,713, up 44 points with 23 constituents advancing and 27 declining. The broader market, however, underperformed the benchmark indices as the S&P BSE MidCap index fell 6 points to end at 15,554 while the S&P BSE SmallCap dropped 28 points  to close at 15,117.Sectorally, realty stocks advanced the most, followed by PSU banks and auto. The Nifty Realty index settled at 273, up 6 points Tata Motors, Bharti Airtel, Eicher Motors, SBI and Gail India were among gainers on the Nifty, while HPCL, Zee Entertainment, BPCL, Bajaj Auto and Sun Pharma remained on the losing side.

Bata India:
Bata India is the largest retailer and leading manufacturer of footwear in India with ~1300 retail stores as on Dec 2018. It continued to report strong growth in earnings for the December quarter. Bata India reported 51 percent growth in revenues.They plan to add 300-350 stores via franchise route in next couple of years.Company’s focus on premiumisation will lead to the continuation in their growth story which will also be supported by the low GST rate of 5 percent on footwear products below Rs1,000 which can give market share gains from unorganized players.Currently, Bata is quoting near Rs 1345 and has the potential to reach up to Rs 1600.

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