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.

03 Nov Sensex Nifty little high in early trade, Stocks in Focus Today

stock market high Sensex, Nifty drifted little high in early trade led by gains with the NSE Nifty rising 10.30 points or 0.10% at 10,434.10 while BSE Sensex gained 33.76 points or 0.10% to start at 33,608.98 at 10.25 am today, 3 Nov. 2017.

Bharti Airtel Ltd shares were the lead gainer on both Sensex and Nifty, jumped 3.97% to hit a fresh ten-year high of Rs. 564.8 subsequent on the Bharti Telecom acquired 4.62% stake in Bharti Airtel in a block deal.

Stock News: Punjab National Bank, Hindalco, Tata Power, Titan Watch Company and UCO Bank are among the companies that will be announcing their Q2 earnings today.

Shares of Vedanta Ltd hit a fresh 52-week high, rising its shares by 1.64% to Rs 346.4 on NSE after the company reported a 43% growth in consolidated net profit at Rs 2,036 crore for the Q2 Fy17 led by higher production and strong commodity prices.

Punjab National Bank reportedly has given its approval for partial stake sale in arm PNB Housing Finance and entire stake sale in Principal PNB AMC.

AU Small Finance Bank has got sanction from RBI to operate as Scheduled Commercial Bank. Its name has already been enrolled in the Second Schedule of RBI Act, 1934. 

Dr Reddy’s Laboratories has announced that it has launched generic Azacitidine for injection, a cancer treatment drug, in the markets at Canada.

Best Stock Tips: The most active stocks in terms of value Today

stock market higher today

The Sensex and Nifty opened in the positive zone on Tuesday, regaining from the losses of the last session. The toppers in the Sensex pack included Reliance Industries, Asian Paint, Adani Ports, Tata Steel, ONGC, Axis Bank, Dr Reddy’s, Kotak Bank, Maruti, Tata Motors, and L&T, rising up to 1.25%.

Shares of Sun TV followed by Reliance Industries Infosys and YES Bank were trading as the most active stocks in terms of value on NSE in Tuesday’s trade. 

Investors turned to buying in bank, realty and auto stocks. 

Reliance Capital has moved ex-Home Finance business from Tuesday. The stock’s Future and Option contracts have expired on Monday. The stock settled at Rs. 687.40 share apiece at its opening bell on BSE and surged to touch intraday high of Rs. 740 share apiece, up by 7.96 percent within first few minutes’ trade. Reliance Capital share holders will get one free share of Reliance Home Finance as on Sept 6, 2017, for every share held in the company.

At 10 AM, the BSE Sensex is trading at 31,790 up 89 points, while NSE Nifty is trading at 9,940 up 27 points. A total of 58 stocks hit a fresh 52-week high in trade today, while 8 stocks touched a fresh 52-week low on the NSE.