Daily Equity Report As on 1st-Jan.-2018

MARKET HIGHLIGHTS

 

  1.   Nifty ended 10435.55 DOWN 95.15 and Sensex 33812.75 DOWN 244.08 points
  2.   Retail inflation for industrial workers up at 3.97% in November
  3.   India looks to provide access to electricity to all in 2018
  4.   SAIL’s plan to buy distressed steel firms may face headwinds
  5.   IndusInd Bank raises $500 mn from overseas lenders
  6.   Mahindra sales up 8% to 39,200 units in December
  7.   Vivimed Labs gets additional $7.5 mn funding from OrbiMed Asia

» Read more

Stock to watch for 2ND-January-2018

BIRLA CORPN

We recommended traders to BUY BIRLA CORPN above 1200 level and target of 1212-1225 may achieved with a stop loss of 1185

 BIRLA CORPN

 JAI CORP LTD

We recommended traders to BUY JAI CORP LTD above 192 level and target of 195-200 may achieved with a stop loss of 187.50

 JAI CORP LTD

For read more click here https://www.marketmagnify.com or just give a Missed call @7879881122.

Commentary For Today’s Stock Market 1st January (Monday)

It’s been really tight kfight between bulls and bears for most of the day as we have just seen yet another session of tight range in index mainly because of rest of the world market are closed due to 1st day of year and selling pressure drag indices to close more than 0.50% down in the later part of the day but individual stocks has its own run in the market as most of the individual stocks has given investors opportunities to earn.

Sensex was down 244.08 points at 33812.75 and Nifty future was 66.90 points down at 10490. The market breadth was narrow on BSE as 1665 shares advanced, against a decline of 1246 shares, while 746 shares were unchanged. » Read more

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