We recommended traders to BUY INFRATEL above 370.50 level and target of 375-380 may achieved with a stop loss of 365.
We recommended traders to BUY HEG above 2100 level and target of 2120-2150 may achieved with a stop loss of 2075.
STOCK RECOMMENDATION FOR TOMORROW
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Infosys is a global leader in technology services and consulting. They enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, they help our clients find the right problems to solve, and to solve these effectively. Their team of 198,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that bring to every project they undertake. » Read more
We recommended traders to BUY BLISSGVS above 212 level and target of 216-221 may achieved with a stop loss of 207.
We recommended traders to BUY VISHNU above 382 level and target of 387-393 may achieved with a stop loss of 376.
Nifty ended 10463.20 UP 74.45 and Sensex 33836.74 UP 235.06 points. Govt to give incentives to boost electric vehicles. FMCG, white goods makers pin hope on 2018 to erase woes of 2017. Tata Group could get into battery-making to drive the ambitious e-mobility wagon. Targeting Rs 8,500 crore of capex & total dispatches of 600 mt in FY18: Coal India. KEC International wins Rs 2,424 cr job orders. Lincoln Pharma gets patent for anti-malarial drug. » Read more
Nifty ended 10388.75 UP 55.50 and Sensex 33601.68 UP 138.71 points. Centre targets investment of Rs 8 lakh crore under Sagarmala by 2020. UN says India can grow at 8% for next 20 years. Aarti Industries’ board to consider share buyback. Adani cancels 2.6 bn dollar contract with Australian mining giant. BPCL to provide grants and investments to 2 startup ventures. NTPC’s capacities dwindle after CEA deletes Patratu’s 325 MW. » Read more
Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance Group. It is amongst India’s leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds; life, general and health insurance; commercial & home finance; equities and commodities broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.
- Reliance Capital has a net worth of Rs. 16,692 crore (US$ 2.6 Billion) and total assets of Rs.82, 209 crore (US$ 12.6 Billion) as on March 31, 2017.
- Reliance Mutual Fund is amongst the top Mutual Funds in India with over six million investor folios.
- Reliance Capital Ltd obtained its registration as a Non-banking Finance Company (NBFC) in December 1998.
- Reliance Capital Ltd has since diversified its activities in the areas of asset management and mutual fund; life and general insurance; commercial finance and industrial finance; stock broking; depository services; proprietary investments; asset reconstruction; distribution of financial products and other activities in financial services.
- Reliance Money was awarded ’52nd Rank as Best Place to Work’ and ‘3rd Rank in Financial Services Industry’ by Great Places to Work in The Best Places To Work For’ survey.
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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