Market Magnify :- Stock To Watch For 15-DEC.-2017

SOBHA

We recommended traders to BUY SOBHA above 545 level and target of 552-560 may achieved with a stop loss of 537.

SOBHA

RAIN IND

We recommended traders to BUY RAIN IND above 369 level and target of 374-380 may achieved with a stop loss of 363.

RAIN IND

If u want to become  stock trader work with us. For more information visit our site www.marketmagnify.com  or missed call 7879881122.

MONTHLY MARKET REPORT :- BHARAT PETROLEUM LTD.

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

WEEKLY EQUITY REPORT UPDATE

MARKET 0UTLOOK

The market was BEARISH during the week. The Sensex was DOWN 846.30 points while the Nifty was DOWN 2.58 % during the week. Nifty was in the range of 10108-10410

The Dow Jones Industrial Average fell 40.76 points, or 0.17%, to 24,231.59, the S&P 500 lost 5.36 points, or 0.20%, to 2,642.22 and the Nasdaq Composite dropped 26.39 points, or 0.38%, to 6,847.59. Wall Street fell on Friday, whipsawed by developments with a probe into Russia’s alleged involvement in the US election as well as with progress on a tax bill in Congress. The benchmark S&P 500 was down as much as 1.6 percent following the report. Flynn pleaded guilty on Friday to lying to the FBI about contacts with Russia’s ambassador. Steep sell-offs have been a rarity on Wall Street this year. The S&P 500 has closed down by at least 1 percent only four times in 2017. But stocks recouped the bulk of their initial losses, after US Senate Republicans said they had enough support to pass a sweeping tax overhaul. The Senate news was the latest sign of progress for a tax bill being closely watched by investors, with hopes that significant corporate tax cuts will further fuel Wall Street’s record-setting rally. Advancing issues outnumbered declining ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.54-to-1 ratio favoured decliners. Energy was the best-performing sector, rising 0.8 percent. Oil prices settled up slightly, the day after OPEC and other crude producers agreed to extend output cuts until the end of 2018 to tighten global supplies and support prices » Read more

Daily Equity Report Update By Market Magnify

MARKET HIGHLIGHTS

Nifty ended at 10221.80 DOWN 104.75 and Sensex at 33832.94 DOWN 316.41 points

Indian November factory growth fastest since late 2016 currency shock

Govt approves launch of Rs 9,000 crore National Nutrition Mission

PFC mobilises USD 400 mn through maiden green bond

Edelweiss launches AIF focused on IPO-bound companies

Dr Reddy’s gets first cycle nod for psoriasis treatment cream

Escorts tractor sales in November rise 6.5% to 5,119 units

NIFTY DAILY

nifty

BANK NIFTY DAILY

bank nif

MARKET PERFORMANCE

NIFTY GAINERS                                                                                         

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)
AMBUJACEM 264.15 262.50 1.65 0.63
KOTAKBANK 1006.00 1000.30 5.70 0.57
INFRATEL 385.00 383.70 1.30 0.34
NTPC 181.50 181.15 0.35 0.19
MARUTI 8615.00 8599.10 15.90 0.18

NIFTY LOSERS          

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)
TECHM 469.55 489.25 -19.70 -4.03
IBULHSGFIN 1160.00 1205.85 -45.85 -3.80
ADANIPORTS 385.00 398.00 -13.00 -3.27
VEDL 285.90 295.45 -9.55 -3.23
GAIL 454.00 468.40 -14.40 -3.07

NSE STATS                 

ADVANCES 08
DECLINES 42
UNCHANGED 00

FII TRADING ACTIVITY (NSE & BSE) In Crores

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE
FII/FPI 01-DEC-17 4564.7 4258.59 306.11                 

DII TRADING ACTIVITY (NSE & BSE) In Crores  

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE
DII 01-DEC-17 2335.29 2159.1 176.19

For more information visit our site www.marketmagnify.com  or missed call 7879881122.