Monday, October 12, 2020

SITHARAMAN ECONOMIC PACKAGE FAILED TO LIFT INVESTOR SENTIMENT


CALL GIVEN IN FRIDAY’S POST
https://beststockfuturecalls.blogspot.com/2020/10/what-should-do-with-infosys.html

INFOSYS FUTURE ACHIEVED 1ST TARGET 1125 CALL GIVEN @1112 BOOKED PROFIT OF 15600

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Nifty started with a new trading week on a strong note and crossed the psychologically important 12000 mark in the initial hour of trade but couldn't sustain the momentum.
even an economic package from finance minister Nirmala Sitharaman failed to lift investor sentiment on October 12. Sectorally, action was seen in IT, healthcare, FMCG while some profit-booking was seen in metals, telecom, oil & gas and realty. Mostly stocks hit a fresh 52-week high. These included L&T Infotech, Valiant Organics, Hero motocorp, and Apollo Hospitals. Among sectors  IT gaining 14%, Bank 13 % and Auto 10% respectively  are the outperformers while Pharma and Metal gained 7%.
TOP GAINERS-INFY,ITC,UPL,CIPLA,WIPRO,HINDALCO
TOP LOSERS-GAIL,HDFCLIFE,TATAMOTORS,ONGC