Wednesday, February 5, 2020

NEXT BIG EVENT OF FEB TOMORROW STAY TUNED

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"TODAY IN STOCK FUTURE CALLS NET PROFIT OF 13400 TRADING WITH 2 LOTS ONLY "
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After Budget the market is eyeing credit policy on 6 Feb 2020 and Q4 results of banks, auto &  pharma stocks. Nifty has crossed the 12000 mark again after falling in budget. Bulls continue to dominate the market for the third consecutive day. After 3 sessions hard work  Nifty has managed to cross 12000. The Sensex closed today at 41,128.55 up  0.83 %.NIFTY + 3.3%, BANK NIFTY + 3.7%, MIDCAPS + 3.8% and SMALLCAPS + 2.4% this week .RIL, HDFC, ICICIBANK are seeing the highest contribution in the boom. RELIANCE has contributed the most to the Nifty come back. Midcap, realty and auto stocks were also seeing strong gains. After announced quarterly result  NIIT's profit up  40%, TATA GLOBAL profit up 21.4%, BAJAJELEC profit down by 84% , PRAJIND profit down by 7.8%  & ADANI PORTS profit down by 4% .Today BPCL was increase 11%, TITAN 9%, BAJAJ FINSERV 8% and M&M 8%. Weekly expiry of Nifty and Nifty Bank will take place tomorrow. Tomorrow will be the results of heromoto, Eicher, Sunpharma. At the same time, the credit policy of RBI will also be announced. On Friday, the results of Tata Steel, Britannia, NTPC, UPL will come& On Saturday M&M will announce quarterly result.
TOP GAINERS-TATAMOTORS, YESBANK, BPCL, VEDL, HINDALCO
TOP LOSERS-ZEEL, MARUTI, ADANIPORT, NTPC


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