Monday, 22 July 2019

IGL call Proved fruitful--Check It out can be carry for Tommorrow.....

Today we had given call to Buy IGL 320 PE option call to buy at premium around. 4.00—4.20 with Stop loss of 4.00. The call proved fruitful as it made a high of 6.50 and now CMP 5.00…..Hope you minted Profit. We made a profit of Rs 6325 on 1 Lot or Profit of approx. 54% on 1 Lot……. Keep Trading...

Stocks in the news: RIL, HDFC Bank, Amara Raja, InterGlobe, Dabur, SpiceJet, Automobile Corp, Cipla

Amara Raja | InterGlobe Aviation | SpiceJet | Cipla | Strides Pharma | CG Power and IOL Chemicals are stocks which are in the news today. Results on July 22: Kotak Mahindra Bank, United Spirits, Lakshmi Machine Works, Dewan Housing Finance Corporation, Oriental Bank of Commerce, Can...

HDFC Bank Q1: Brokerages remain positive but flag loan growth, asset quality concerns

Brokerages have retained their positive stance on the stock on strong operating performance and expect stock to return 14-16 percent over a period of one year. Shares of HDFC Bank fell nearly 3 percent intraday on July 22 after moderate weakness in Q1 asset quality and slow down in retail...

Nifty likely to remain weak; deploy Long Put Butterfly Spread this week

Bank Nifty after holding 30,000 for almost two months breached the level on July 19. The index seems to have lost the interest of Put writers The last week started on a positive note but then the momentum fizzled out in the last two trading sessions and pushed Nifty below 11,500-11,450 for the...

Kotak Mahindra Bank likely to post robust profit growth in Q1, asset quality to be stable

Kotak Bank has maintained its asset quality at a pristine 2 percent level (gross non-performing assets). Kotak Mahindra Bank, country's third largest private sector lender by market capitalisation, is expected to report healthy year-on-year growth in profit and net interest income, with stable...

Rupee extends losses, trades lower at 68.99 per dollar

On July 19 the Indian rupee ended 17 paise higher at 68.80 against the US dollar as market participants pinned their hopes on an aggressive rate cut by the US Federal Reserve later this month. The Indian rupee has extended the morning losses and trading lower by 19 paise at 68.99 per dollar...

Stock picks of the day: Grasim, Adani Ports & Bajaj Finance top shorting ideas

If Nifty trades below 11,485 levels then we may see some profit booking initiating in the market, which may correct up to 11,330-11,245-11,090 levels.   The Nifty started the week on a flat note and extended positive momentum in the initial half, but selling pressure at higher levels dragged...

Two-thirds Nifty stocks trade at 10-70% discount to their 52-wk highs; should you buy?

Sensex stocks are also following a similar trend and 18 of them are trading at 10-70 percent lower than their respective 52-week highs. Over two-thirds of Nifty stocks are trading at a double-digit discount to their respective 52-week highs, which has also pulled the index 5 percent lower in...

Market Live: Indices recover with Nifty around 11,350, Sensex falls 250 pts; Yes Bank rises 7%

Among the sectors, except metal all other indices are trading lower led by bank, pharma, infra, FMCG and IT. Rupee Update: The Indian rupee has extended the morning losses and trading lower by 19 paise at 68.99 per dollar versus Friday's close 68.80. Lupin’s Nagpur...