Sensex opens below 33,000, Stock Trading news and Calls on 15 November 2017

stock advisory companyThe key benchmark indices extended losses with Sensex lost 125 points to hit the day’s low of 32,816 levels while the NSE Nifty dropped 44 points to mark a day’s low of 10,142.55 at 10.45 hours on Wednesday.

Sun Pharma was the biggest loser on Sensex after the company reported a decline of 59.19% in the consolidated net profit to Rs 912.12 cr for the quarter ended on 30 Sept 2017 YoY basis.

Earnings Reports: GAIL (India)’s net profit rose 41.6% to Rs. 1309.63 Cr on 4.5% growth in net sales to Rs. 12409.65 Cr in Q2 Sept 2017 on YoY basis.

Bank of Baroda’s net profit fell 35.64% to Rs. 355.36 Cr on 3.68% rise in total income to Rs. 12490.39 Cr in Q2 Sept 2017 YoY.

Indiabulls Real Estate’s consolidated net profit fell 30.28% to Rs. 93.90 Cr on 1.54% rise in net sales to Rs. 721.58 Cr in Q2 Sept 2017 year on year.

NBCC (India)’s consolidated net profit rose 31.33% to Rs. 81.24 Cr on 12.07% fall in net sales to Rs. 1,319.25 Cr in Q2 Sept 2017 YoY.

The major companies which are lined up to announce their Q2 earnings are New India Assurance Company, CARE Ratings, Golden Tobacco, TD Power Systems, Digjam, Empee Distilleries, Automotive Axles, HMT and Universal Cables, among others.

Sensex Nifty lower trade, Stock to watch out on Monday 13 Nov. 2017

sensex down The BSE Sensex and NSE Nifty rose marginally in opening trade on Monday on mixed cues from global markets. At 10.20 am, BSE Sensex traded lower by 82.88 points to 33,231.80, while the NSE Nifty 50 fell 37.80 points to 10,283.95. Gains are mainly seen in auto stocks and software stocks, while realty and Capital good stocks were witnessing majority of the selling pressure in the morning hours.

Stock Movements in early hours:  Shares of L&T fell 3% to Rs. 1236 after the company reduced its order inflow guidance for the full year ended March 2018.

Stocks of RCom fell 8% to Rs13 after the company posted a fourth consecutive consolidated loss to Rs. 2,709 crore in the quarter ended September against profit of Rs 62 crore a year ago.

Shares of Axis Bank Ltd rose 2% after the bank on Friday said its board had approved raising up to Rs.11,625.8 crore through a private placement of shares led by private equity fund Bain Capital.

Stock in focus: Tata Chemicals, Idea, Indian Hotels, Apollo Hospitals, NTPC, Future Enterprises, Gujarat State Petronet, among others, are scheduled to report their quarterly earnings during the day.

New India Assurance Company’s recently concluded IPO, will make its stock market debut on Monday.

Larsen & Toubro has reported a net profit Rs 1,820 cr in the second quarter of 2017-18, up 27 % YoY.

Reliance Communications Limited has posted a consolidated loss of Rs 2709 cr for the Sept end quarter compared to a loss of Rs 1210 cr in the previous quarter.

Stock News: Stock Markets open in the green amid positive global cues

sensex nifty high Indian equity markets opened in the green on Thursday following positive cues from global markets. At 10.30 am, the BSE Sensex is trading higher by 120 points at 33,339 levels while the NSE Nifty is trading higher by 44 points at 10,347 levels. The surge is led by strong buying in industrial heavy-weights such as, Tata Motors, RIL, ICICI Bank, and SBI Bank. Markets are likely to take further strides from the GST Council meet on Nov 9 & 10 in Assam.

Stock Movements in the early hours today:- Shares of Tata Motors Limited rose 2.2% to Rs. 448.50 ahead of Q2 earnings due later today. The company is expected to post a net profit of Rs. 1,835.10 crore.

Shares of Bombay Dyeing & Manufacturing Co. Ltd rose 5% to Rs. 204.65 after the company reported a profit of Rs. 52.79 crore in Sept quarter against a loss of Rs. 36.56 crore a year ago.

Shares of Petronet LNG Ltd rose 4% to Rs. 270.50 after the company posted a 28% rise in its net profit to Rs. 588.78 crore in Sept quarter from Rs. 459.56 cr a year ago.

Quarterly Results: Aurobindo Pharma, Amara Raja Batteries, HPCL Ltd, The India Cements Ltd, Tata Motors Ltd and SRF Ltd are some of the companies, among others, that will announce their Q2 earnings on Thursday.

Buzzing Stocks: Anil Ambani-led Reliance Infra has bagged Rs. 1000 cr EPC contract from NIPC for two Kudankulam units in Tamil Nadu.

Arvind Limited, the textile manufacturing company, will demerge and publicly list its branded apparel and engineering Biz to focus better on its core textiles business.

Today 02 Nov Top Ten Stock News And BUY SELL Calls

top stock trade todayColgate Palmolive India Limited: LIC of India has acquired 2.021% stake FMCG firm Colgate Palmolive India Ltd through open market purchase, taking the entire holding in the company to 7.037 percent.

Crompton Greaves Consumer Electrical: Franklin Templeton Investment Funds has bought an additional 0.74% stake in the company by buying 4.6 million shares through a bulk deal on the NSE.

Hexaware Technologies has recommended paying 1 rupee per share as interim dividend.

ICICI Bank will consider raising funds through senior unsecured long-term bonds or Basel-III compliant Tier-I bonds in a single or multiple tranches.

ITC Foods Limited expects instant noodles brand Yippee to join the 10-billion-rupee revenue club by 2020.

Jaiprakash Associates has secured the RBI’s approval for the proposed offer to exchange outstanding existing foreign currency bonds maturing with 2020, 2021 bonds.

JSW Energy to set up a new thermal power generation capacity of 36 Megawatt for its group arm JSW Cement under long-term power purchase agreement.

M&M Financial Services will raise 1.5 bln rupees through secured redeemable NCDs carrying a coupon of 7.5320 percent.

Shree Cement has secured two coal linkages from Coal India Ltd in an auction for its captive power plant in Chhattisgarh.

Solar Industries India has obtained the running contract worth 11.43 billion rupees to supply 3,75,412 tonne bulk explosives to Coal India.

01 Nov Wednesday Sensex rises above 33,500, Nifty crosses 10,400

stock market high Stock markets are open higher led by India’s ‘Ease of doing Business’ ranking in the World Bank’s report. At 10.15 am the Nifty 50 rose 99.15 points to a fresh record high of 10,434, while the BSE Sensex also hit a lifetime high of 33,589.82 by 376.69 points on Wednesday. The Indian rupee opened at 6-week high v/s dollar.

Shares of Tech Mahindra and Hero MotoCorp will be in watch out today ahead of their Q2 earnings. The other corporates which are also scheduled to state their Q-2 profits includes Apollo Tyres Ltd, Greaves Cotton Ltd, Godrej Consumer Products, Hexaware, JSW Energy, Shriram Transport Finance, Max India Ltd, Tourism Finance Cropn and TVS Motors Ltd.

Inter Globe Aviation Limited’s stock rose 2.2% to Rs. 1271.35 after the company has reported a 294% increase in net profit to Rs. 551.55 crore

Stocks of Syndicate Bank rose 10% to Rs. 90.65 after the bank unveiled a net profit of Rs.105.24 crore from Rs 82.42 crore a year ago.

India’s ranked in the World Bank ease of doing business survey-2018 making a record 30 to 100 notches, as a range of regulatory policy reforms.