28 Sept Thursday Stock Market watch, Best Investment Advisory Company

At 11 AM Thursday, the BSE Sensex is trading at 31,264 levels up by 104 points, while Nifty is trading at 9,756 levels up by 20 points. A total of 8 stocks clocked a fresh 52-week high in trade, while 49 stocks registered a new 52-week low on the NSE.

Stock in News today: State-owned electric utilities major. Power Grid Coprn of India Ltd announced that it started commercial operations of Pole-II of the Champa-Kurukshetra HVDC Terminal in Chhattisgarh from 16 Sept, 2017. All assets under the WR-NR HVDC r for IPP projects in Chhattisgarh have been commissioned.

Reliance Industries (RIL) has said that its telecom unit, Reliance Jio and Roy Kapur Films (RKF), tied up wherein original digital video content for the Jio platform will be, developed, commissioned and creatively produced by Roy Kapur Films.

GE Power India has announced, that it has bagged an order worth Rs 328 crore from Doosan Power India, for supplying 4 units of 660 MW electrostatic precipitation (ESP) for the super critical power projects of U.P Government.

APL Apollo Tubes has entered into a JV with Singapore-based One-to-One Holdings, for manufacturing of in-line galvanised tubes. The announcement was made on 27 Sept 2017.

27 Sept Wednesday Best Stocks Trading News, TCS, ICICI Lombard

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Stocks to Watch out on Wednesday, 27 Sept

TCS stocks in focus that the company said that its UK-based subsidiary, Diligenta, secured a 15-year partnership with Scottish Widows, Lloyds Banking Group’s Life and Pensions business.

ICICI Lombard General Insurance Co enters on equity market today. The company priced the IPO at the top end of the Rs 651 to 661 price band.

TVS Motors announced that its scooter brand, TVS Jupiter, registered sales of two million units within four years of its launch.

IDBI Bank has announced that the bank tied up with Boston Consulting Group to boost financial health. With this support IDBI Bank hopes to capitalize on core strengths and improve existing products and processes.

Petron Engg Construction said it bagged order worth Rs 280 crore from JSW Steel, for supply, fabrication, erection and alignment of prefabricated steel structure.

Reliance Power said the company aims to achieve financial closure for its 1-billion dollar LNG-fired power plant in Bangladesh by the end of 2017-18, and it also on the lookout for acquisition of assets in India.

Sensex falls 145 points, Nifty below 10,100, Dr. Reddy’s shares gain

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At 11:20 am The BSE Sensex dropped by 105.68 points, to 32,295, while the Nifty fell 41 points to 10,100.

Asian stock shares struggled for direction on Thursday morning since the US stock markets closed mixed and the Federal Reserve left interest rates unchanged but there is hopes that it expects another increase by the end of the year.

Shares of Divi’s Laboratories gained 2.35 percent at Rs 964.95/share, Cipla gained 1.02 percent at Rs 575.50/share, Glenmark Pharma gained 0.90 percent at Rs 615.70 per share and Aurobindo Pharma gained 0.77 percent at Rs 751.30 per share.

Dr Reddy’s Lab surged over 6.5 percent to Rs. 2462.90 after it has got an Establishment Inspection Report from the US food & drug regulator for its Srikakulam plant. The stock of Dr. Reddy Lab was the major gainer on Sensex, Nifty hitting its highest price since 31 July 2017.

Best Stocks of Vedanta, IDBI Bank, Bajaj Finance, SAIL will be in focus today

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Sensex, Nifty are likely to open higher on Friday as Asian shares slipped after North Korea shoot another missile over Japan into the Pacific Ocean today. The Indian rupee on was trading little changed against the US dollar in today’s opening trade.

These stocks will be in focus today:

Metals and mining company Vedanta Ltd has said the State Pollution Control Board Odisha, has directed it to temporarily close five units of its power plants which may have an impact on the cost of production of the aluminium.

IDBI Bank has said that the bank has sold 12.5 lakh equity shares in Clearing Corporation of India for an undisclosed amount.

Bajaj Finance Ltd has allocated 2.6 crore shares to qualified institutional buyers bringing back over Rs 5044 crore.

SAIL India has reported an 18% surged in sales during August over the corresponding month last year.

IPO Watch: ICICI Lombard General Insurance has raised Rs 1625 crore from anchor investors ahead of its IPO sale opening today. It would allot shares to 64 anchor investors at Rs 661 per share.

11 Sept Monday News- Stocks of Auto companies rise post GST council meet

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Shares of auto firms were trading higher in early trade, Monday, due to Indian car companies sounded relieved after the GST Council has raised the vehicle cess on Saturday, by less than the maximum possible, though luxury auto companies were more cautious in their assessment of the new rates. 

In the early hours today, the Nifty Auto index was trading 0.62% up at 10,846 while Tata Motors DVR was up 1.24%, Mahindra & Mahindra (M&M) was up 0.86% and Maruti Suzuki BSE 1.03 % rose 0.72%. 

The GST Council meet held on Saturday left untouched the rates on small cars and hybrid vehicles. But mid-sized cars attract a cess i.e, 2% points higher.

Meantime, M&M, Motor India Ltd, Toyota Kirloskar Audi India, Jaguar Land Rover and Mercedes-Benz are planning to pass on the increased cess to buyers, 

At 10.20 am, the BSE Sensex is trading at 31,846 up 158 points, while Nifty is trading at 9,983 up 48 points. A total of 55 stocks clocked a fresh 52-week high in trade today, while 11 stocks registered a new 52-week low on the NSE.