Thursday 17 November 2016

TEN STOCKS IN FOCUS TODAY BUY OR SELL

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FREE EQUITY TIPS TEN STOCKS IN FOCUS TODAY BUY OR SELL
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Domestic equity markets are likely to open on a flat note with negative bias on Friday tracking SGX Nifty and mixed global cues. SGX Nifty was trading 24 points down at 8,070, indicating a weak start for NSE Nifty. However, Asian peers Hang Seng, Nikkei and Shanghai indices were trading higher by 0.12 per cent, 0.77 per cent and 0.06 per cent, respectively.

On Wall Street, the benchmark S&P 500 index rose 0.47 percent to 2,187.12 as bank stocks were boosted by bets on higher  ..

Here is a list of 15 stocks that are likely to remain in focus on Friday in response to various news triggers:

Petronet LNG: The company reported its highest ever quarterly net profit at Rs 460 crore in September quarter on back of record volumes of gas handled. Net profit of Rs 460 crore in July-September is 82 per cent higher than Rs 253 crore net profit in the same period a year ago.

Edelweiss Financial Services: Inditrade Business Consultants Ltd. (IBCL), the wholly owned subsidiary of Inditrade Capital Ltd., has entered into a share purchase agre ..

Inox Wind: Inox Wind Ltd has bagged a repeat order for a 40 MW wind power project to be deployed in Gujarat from Roha Dyechem Private Ltd.

Deepak Fertilisers: The company reported a net profit of Rs 26.96 crore for the quarter ended September 30, 2016 against Rs 28.31 crore in the corresponding quarter last year.

HMT Ltd: HMT reported widening of its net loss for the July-September quarter to Rs 31.14 crore, ..

The BSE Sensex and NSE Nifty are likely to open a flat note with negative bias on Friday following mixed Asian cues. SGX Nifty was trading 13.50 points down at 8,080.50 in morning trade, indicating a weak start for domestic equity markets. Asian peer Hang Seng, Nikkei and Shanghai were trading higher by 0.29 per cent, 0.71 per cent and 0.04 per cent, respectively, in morning trade.

Back home, the 30-share Sensex dipped over 71 points in choppy trade on Thursday to hit about six-month low of 26,228, while the Nifty failed to hold on to the crucial 8,100-mark.
Milan Vaishnav, CMT, consultant technical analyst, Gemstone Equity Research & Advisory Services said, "The Nifty ended on Thursday with a modest loss and continued to trade below its 200-DMA. On Friday, the levels of 8,151 and 8,195 will act as immediate resistance levels while supports will come in at 8,070 and 8,005 levels."

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