Daily Equity Report 12th-Jan-2018

MARKET HIGHLIGHTS

Nifty ended 10681.25 UP 30.05 and Sensex 34592.39 UP 88.90 points

India December vegetable oil imports drop 10% on lower soyoil purchases

Make in India 2.0 to focus on futuristic segments like robotics, genomics

BHEL commissions 250 MW thermal power unit in Bihar

NCLT approves Idea-Vodafone merger

Tata Steel’s saleable output at 9.24 MT in April-December

TCS bags over $2 bn deal from US insurance group Transamerica » Read more

MarketMagnify Stock to watch for 15th-Jan-2018

 IRB FUTURE

We recommended traders to BUY IRB FUT above 253.50 level and target of 257-261 may achieved with a stop loss of 249.

SUNDARM FINANCE

We recommended traders to BUY SUNDARAM FINANCE above 2000 level and target of 2020-2050 may achieved with a stop loss of 2075

For Free Trial or Trading Tips, Please Visit www.marketmagnify.com or Give us a Missed Call on 7879881122.

Stock Market Commentary 12th-Jan-2018 (Friday)

Commentary For Today’s Stock Market

It’s been the roller costar day for Indian equity market as Indices open on record high but couldn’t sustain for long after Supreme Court judges said the working of top court is not in order. Market fall towards this week low level but quickly reversed to close at record high. Today market has something for everyone and shows that market still is in bullish trend and one should not carried away from little corrections. Benchmark Indices closes on positive note as Sensex closed at 88.90 points up at 34592.39 and Nifty future closed at 32.30 points up at 10686.35. Market breath was negative despite indices closed at record high as 755 shares gained while 1045 shares losses in NSE and 53 shares remained unchanged. » Read more

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