Expiry day of July month has been remembered for PSU Banks and Bank Nifty future. Technically it has been trading in a channel pattern from mid of May 2018 and today it has given breakout of the channel resistance level. The closing of the bank nifty future index suggest buying movement is not over yet and we may witness more of it. As once again Sensex and Nifty future breaks its record high but Bank nifty future still trading 250 points below its record high mainly because of poor performance of PSU banks. Most of the PSU banks close with more than 4% gain today. » Read more
Shares of Larsen & Toubro (L&T) rose percent in the opening trade on Thursday on the back of robust numbers declared by the company in the quarter ended June 2018 (Q1FY19).The company posted a 13.8 percent year-on-year (YoY) increase in consolidated net profit at Rs 1,213 crore, beating analyst estimates driven by order inflowgrowth in infrastructure, heavy engineering and hydrocarbon segments.Profit for the same period last year was Rs 1,065.54 crore. The Q1FY19 profit was aided by one-off gain of Rs 355 crore from divestment of Kattupalli port to Adani group.
Fresh milestones for Sensex, Nifty: Drumrolls are out on D-Street as benchmark indices have hit fresh records on Thursday morning. The Sensex has managed to scale past 37,000 for the first time, while the Nifty has managed to hit a fresh record high, surpassing 11,171 mark.,
BEST FUTURE TIPS FOR TODAY: 26th JULY(THURSDAY)
BUY ?_?_?_?_? FUTURE 1510 TARGET 1525 WITH SL 1495 TOTAL 7 LOTS FOR