Friday Market Commentary Update 16th-Feb

Indian Equity benchmark indices open today session on positive note tracking positive global news but failed to carry positive momentum for rest of the day and traded in negative trend throughout the day as Nifty future failed to surpass its crucial level of 10620-10640. Market seems to be under pressure throughout the day as PSU banks index fell by 2.49% as all public sector bank except orient bank ended today session in red. All indices today traded in negative territory with Nifty PSU bank index has taken the biggest hit among all, falling 2.49 percent in today session mainly due to detention of fraud of RS 11400 cr, followed by Nifty Auto which was down by 1.70% » Read more

Budget 2018 : Key Highlights By MarketMagnify

>>To propose next financial year health, education cess at 4%
>> Increase in customs duty on mobile phones to 20% from 15%
>> Propose to cut import duty on raw cashews to 2.5% from 5%
>> Govt levies long-term capital gains tax of 10% for over Rs 1 lakh investments
>> Deduction for senior citizens increased to Rs 50,000 for medical insurance
>> FM Arun Jaitley: No change in personal income tax structure.Standard deduction of Rs 40,000 for salaried taxpayers » Read more

Momentum Stocks for Tuesday Market

Momentum Stocks Tuesday

By keeping an eye on every movement of shares, your investment can be safely done. Here we are talking about such stocks which will remain in the news today and on which the market will look. For More Updates or Free Tips, Please Give a Missed Call @7879881122 or Register with us. http://www.marketmagnify.com/services.php

Monday Market Closing Updates : 29th January

top gainers and losersThe 30-share BSE Sensex rallied 394 points intraday in run-up to the Budget 2018 that will be presented in parliament on February 1, before ending the day 232.81 points higher at 36,283.25. The 50-share NSE Nifty crossed 11,150 levels intraday, before closing up 60.70 points at 11,130.40.
For more updates and trading tips, please give a missed call at 7879881122 or subscribe us.

Stock To Watch For 29th-Jan-2018

 DHAMPUR SUGAR

We recommended traders to BUY DHAMPUR SUGAR ABOVE 195 level and target of 198-203 may achieved with a stop loss of 191.

 

DIVIS LAB FUT

We recommended traders to BUY SAREGAMA IN RANGE 1126-1129 level and target of 1135-1146 may achieved with a stop loss of 1118.

 

For more information visit our site   http://blog.marketmagnify.com/

Missed call 7879881122.

Special Report on Equity Market

MARKET HIGHLIGHTS

  • Nifty ended 11086.00 UP 2.30 and Sensex 36161.64 UP 21.66 points
  • India aims to become $5 trillion economy by 2025, says PM Mod
  • India puts talks on flying rights revision with Dubai on hold
  • Pfizer Q3 net profit up 40 percent at Rs 87 crore
  • Ashok Leyland bags Rs 350 cr order from VRL for 1,200 trucks
  • Bharti Airtel gets regulatory nod for Tigo Rwanda acquisition
  • Essar Oilfields bags Rs 32 crore order from ONGC

» Read more

Stock To Watch For 16th-Jan-2018(Tuesday)

 INDIA CEMENT FUT

 INDIA CEMENT FUT

We recommended traders to BUY INDIA CEM FUT above 203.00 level and target of 205-209 may achieved with a stop loss of 200.

 WSTCSTPAPR

We recommended traders to BUY WSTCSTPAPR above 345 level and target of 349-355 may achieved with a stop loss of 339.50.

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