Daily Equity Report As on 6-Dec.-2017

MARKET HIGHLIGHTS

Nifty ended 10044.10 DOWN 74.15 and Sensex 32597.18 DOWN 205.26 points.

Inflation worries weigh on RBI as a no-action policy looks to check rising prices.

India’s November gold imports nearly halve on higher prices: GFMS.

GAIL hires a drones to secure gas pipelines.

NMDC may ink MoU with Vietnam’s Masan for tungsten mine stake.

Suven gets product patents from Eurasia, Norway.

Reliance Infrastructure wins Rs 5,000-cr contracts for projects in Bangladesh. » Read more

Stock to watch for 7TH DEC

BLUE STAR CO

We recommended traders to BUY BLUE STAR CO above 770 level and target of 780-795 may achieved with a stop loss of 758.

BLUE STAR CO

SMS PHARMA

We recommended traders to BUY SMS PHARMA above 112 level and target of 115-119 may achieved with a stop loss of 108.50.

SMS PHARMA

For more information visit our site www.marketmagnify.com  or missed call 7879881122.

MONTHLY MARKET REPORT :- BHARAT PETROLEUM LTD.

BHARAT PETROLEUM LTD.

Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra. The Corporation operates two large refineries of the country located at Mumbai and Kochi. The company is ranked 358th on the Fortune Global 500 list of the world’s biggest corporations as of 2016. Though incorporated in Scotland in 1886, the company grew out of the enterprises of the Chef Rohit Oil Company, which had been formed in 1871 to refine crude oil produced from primitive hand dug wells in Upper Burma. In 1928, Asiatic Petroleum Company (India) started cooperation with Burma oil company. This alliance led to the formation of Burmah-Shell Oil Storage and Distributing Company of India Limited. Burmah Shell began its operations with import and marketing of Kerosene.  On 24 January 1976, the Burmah Shell was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude Bombay High. » Read more

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