Stock movements and Stock focus on 14 November 2017, Investment Advisory

sensex down Sensex and Nifty opened the trade on choppy note, following the weaker U.S Markets and passive start of the Asian Indices. At 10.35 am, the BSE Sensex is trading lower by 3.45 points at 33,030 while the NSE Nifty down by 8.85 points to 10,216 levels.

Stock movements in early hours: Shares JP Associates Ltd fell 7.3% to Rs. 19.75 after the Supreme Court directed its directors to personally appear in court and disclose personal assets. Shares of Jaiprakash Power Ventures Ltd fell 3.2 percent, and Jaypee Infratech Ltd was down 2.6 percent.

Shares of Future Enterprises Ltd rose 3 percent to Rs 49.20 after the company reported narrowed loss for its Q2 earnings to Rs. 1.94 crore from Rs. 23.24 crore a year ago.

Shares of  Adani Entertainment Ltd rose 3 percent to Rs. 157.05 after the company reported 9.5 percent increase in its net profit to Rs 844 crore.

Shares of Bharti Airtel Ltd  opened the trading day up by 1 percent while Bharti Infratel Limited plunged 2.3 percent in early trade.

Stock in Focus: In another development, Jaiprakash Associates Limited has informed the Exchange that JSW Infrastructure would get associated with the company in the resolution plan of Jaypee Infratech Limited (JIL). The stock will be in limelight on Tuesday.

Idea Cellular Ltd and Vodafone India have agreed to sell their standalone tower biz to ATC Telecom Infrastructure Pvt. Ltd for about 1.2 billion dollars.

Adani Enterprises Ltd has posted a net loss of over Rs. 15.00 crore in the Q2FY18 as posted in its Q2FY18 results announced after market hours on Monday.

Stock to Watch out, Stock in focus on 10 November 2017

stock market down Stock Market Update: Sensex and Nifty open significantly lower on negative global cues. At 10.30 am, BSE Sensex, was down 25.71 points at 33,225 levels while the NSE Nifty50 index was down 10.85 points at 10,298 levels. Shares of Oil & Gas companies decline, OMCs hit with HPCL and BPCL losing over 1 percent in the early trading hours today. Shares of Tata Motors, RIL, Asian Paints, Axis Bank, TCS, and Adani Ports lost up to 1.5% whereas ONGC socks, ICICI Bank, L&T, SBI, HUL and are rising up to 0.9%.

Stock Movements: Shares of State Bank of India was trading 0.43% higher at Rs 315.1.
Mahindra & Mahindra edged down 0.59% to Rs 1,353.45 ahead of their respective Q2 results today.
Stocks of Divi’s Laboratories Ltd rose 5.1% to Rs. 1061 in the early hours after the company announced in a notice to BSE that the US food & drug regulator has completed evaluation of corrective action.

Shares of Bharat Petroleum Corp fell 1.4% to Rs. 515 prior to its earnings expected to take place later in the day. As per reports, it is expected to post a net profit of Rs2160.10 crore while net sales will be at Rs 59286.20 crore.

Corporate Earnings: The stocks of companies such as Mahindra & Mahindra, MRF, Bharat Petroleum Corporation, Nestle, Balaji Telefilms, Bank of Maharashtra, Motherson Sumi Systems, Sobha, Sun TV, Cochin Shipyard, DLF and Suzlon among others will be in focus today as these companies scheduled to announce their earnings today. 

Rupee Watch: The Indian rupee opened at 65.07 a dollar and was trading at 65.08 against the USD, down 0.23% from its Thursday’s close of 64.94.

Stock in News today 7th November 2017, Best Intraday Advisory Company

stock market down Indian stock markets opened a little bit higher on Tuesday following the cues of higher US markets. Later the indices slowly turned flat At 10.35 am, the BSE Sensex is trading at 33,664 levels, down by 66 points, while NSE Nifty is trading at 10,426 levels down by 25 points. Except the FMCG and IT index all the other sectoral indices are in the red. The Indian rupee is trading at 64.73 to the U.S Dollar in the morning hours.

Stock Focus today:-
GlaxoSmithKline, Cipla, Bharat Heavy Electrical Ltd, Future Retail Ltd, VIP Industries Ltd, Jyothy Lab Ltd and Thermax are some of the companies that will release their Q2 earnings on Tuesday, 7 Nov 2017.

Muthoot Capital Service Ltd launched Qualified Institutional Placement to raise Rs 200 crore. The Price band is fixed at Rs 601-610 per share.

Everstone Group has agreed to acquire Kenstar, air conditioners and home appliances, from Century Appliances Ltd, an associate of the Videocon Group.

Tata Chemicals Limited sells its non-bulk phosphates business to IRC Agro-chemicals for Rs. 375 cr, which involves sale of the fertilizer biz, the assets attached to it as well as the company’s Haldia plant.

Just Dial’s net profit rose 26.47% to Rs 37.46 crore on 3.97% rise in total income to Rs 214.52 crore in Sept 2017 year on year.

Bank of Maharashtra reviewed its marginal cost of funds based lending rates (MCLR) with effect from 7 November 2017.

31 Oct Stock Market News, BUY or SELL, Intraday Nifty Trading Tips

sensex nifty red signal Live Market- Sensex and Nifty are trading in the red following weakness in several sectors. Metal and PSU Bank index lose steam, while Bank stocks trades in green.

Bharti Telecom will acquire 18,47,10,183 equity shares of Bharti Airtel from Indian Continent Investment Limited (ICIL), at price of Rs 417.35 share apiece.

The proposed merger between Infrastructure Development Finance Company (IDFC) and Shriram Group has been sapped on differences over valuation.

Bharti Infratel Ltd has decided to explore and evaluate acquisition of stake in Indus Towers with the aim of making it a subsidiary or wholly-owned subsidiary of the company.

Oriental Bank of Commerce (OBC) to issue tier-I bonds worth 5 billion, with an option for over-subscription of up to 5 billion rupees.

Reliance Communications Ltd has presented a new plan to its lenders, offering controlling stake in the company. The company further has offered to convert debt of up to 71 billion rupees into equity.

Stock Tips- Market Weekly Reports 23 Oct – 27 Oct

stock market weekly reportsMarket registered stellar gains in the week ended Friday, 27 Oct 2017. The BSE Sensex and the NSE Nifty index scaled record highs on the govt’s booster steps to the economy through capitalization of PSU banks with a view to support credit growth and job opportunities. The recapitalization plan pushed the Bank Nifty higher, but the index failed to make a new life high. On the other side, the Nifty index kept hitting new life-highs during the week.

The Sensex posted its largest weekly move since March 19. The index of 30 blue chip stocks gained 767 points during the week after the govt introduced a stimulus package, including a plan of Rs 2.11 lakh crore to recapitalize state-owned banks and a Rs 7.00 lakh-crore plan to build new roads.

On Friday, the Sensex gained for a fifth consecutive day, led by industrial stocks and health care stocks, while traders raised bullish bets in November derivatives series, which started Friday. The rollover rate in the Nifty October futures, was ceased on Thursday, which was 73%, in comparison with 3-month average of 65% on expiry, as per data.

For the coming week, Q2 financial corporate earnings and cues from global front will be closely watched by the market players.