Friday, September 07, 2018

Winning Strokes: Think Different
Yesterday, the market ended the volatile session higher. The barometer index, the S&P BSE Sensex, gained 224.50 points or 0.59% at 38,242.81. The Nifty 50 index gained 59.95 points or 0.52% at 11,536.90. Shares regained some lost ground on Thursday after declining sharply in the past few sessions.

Stocks drifted higher in early trade as buying resumed in index pivotals after recent slide. Key benchmark indices nudged higher in morning trade amid volatility. Firmness prevailed on the bourses in mid-morning trade. Stocks trimmed gains in early afternoon trade. Volatility ruled the roost as key indices sharply pared losses soon after hitting fresh intraday low in afternoon trade. Stocks once again firmed up in mid-afternoon trade. Indices extended gains and hit fresh intraday high in late trade.

The Sensex rose 224.50 points or 0.59% to settle at 38,242.81, its highest closing level since 3 September 2018. The index rose 302.65 points, or 0.80% at the day's high of 38,320.96. The index fell 105.81 points, or 0.28% at the day's low of 37,912.50.

The Nifty 50 index rose 59.95 points or 0.52% to settle at 11,536.90, its highest closing level since 3 September 2018. The index rose 85.30 points, or 0.74% at the day's high of 11,562.25. The index fell 40.90 points, or 0.36% at the day's low of 11,436.05.

The S&P BSE Mid-Cap index rose 0.31%. The S&P BSE Small-Cap index rose 0.46%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1603 shares rose and 1115 shares fell. A total of 172 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Telecom index (down 0.3%), the S&P BSE Consumer Discretionary Goods & Services index (down 0.16%), the S&P BSE Consumer Durables index (down 0.13%), the S&P BSE Teck index (down 0.08%), the S&P BSE FMCG index (up 0.03%), the S&P BSE IT index (up 0.13%), the S&P BSE Metal index (up 0.21%), the S&P BSE Auto index (up 0.27%), the S&P BSE Capital Goods index (up 0.27%), the S&P BSE Finance index (up 0.29%), the S&P BSE Basic Materials index (up 0.32%), the S&P BSE Bankex (up 0.36%) and the S&P BSE Realty index (up 0.53%), underperformed the Sensex. The S&P BSE Industrials index (up 0.65%), the S&P BSE Utilities index (up 1.01%), the S&P BSE Oil & Gas index (up 1.15%), the S&P BSE Power index (up 1.21%), the S&P BSE Energy index (up 2.12%) and the S&P BSE Healthcare index (up 2.20%), outperformed the Sensex.

Housing and Urban Development Corporation rose 7.19% after net profit rose 105.31% to Rs 333.38 crore on 73.42% increase in total income to Rs 1614.09 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 5 September 2018.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at Rs.71.86, compared with its close of Rs.71.78 during the previous trading session.

Yesterday, Asian shares ended lower amid ongoing concerns over emerging markets and potential new US tariffs on China. US stocks closed mostly lower Wednesday as tech stocks dropped after Facebook Inc. and Twitter Inc. executives testified on Capitol Hill about online misinformation.

The US and Canada are reportedly set to restart high-stakes efforts to resolve differences as they work toward recasting the North American Free Trade Agreement.

On the US data front, the trade deficit jumped almost 10% in July, hitting the highest level in five months and keeping the US on pace to record the largest annual gap in a decade.

#Mandhana Industries Ltd hit another upper circuits yesterday at Rs.7.15 in the NSE. One sided movement was seen in the shares of the company, after it was recommended at Rs.4.65 in this blog, around a couple of weeks back. Yesterday, there was media reports that Salman Khan no more needs permission from the court to travel abroad.

#Yesterday, the shares P C Jewelers Ltd was recommended as a Buy to the Premium Members at around Rs.85-86, for targets of Rs.103-190. The company has over 90 outlets across 70 Indian cities. For the financial year ending March 2017, the company posted a 21.6% growth, clocking a turnover of Rs.8,099 crore ($1.2 billion). The company’s market value now stands below its projected sales of Rs.10,000 crore for the financial year 2018. India is one of the largest consumers of gold jewellery in the world. Weddings alone account for 40% of all gold sales, followed by the harvest. The festive buying in gems and jewelry sector is likely to gather steam in the coming days. 

~~with inputs from Capital Market - Live News....
Winning Strokes: Think Different
Yesterday, the market ended the volatile session higher. The barometer index, the S&P BSE Sensex, gained 224.50 points or 0.59% at 38,242.81. The Nifty 50 index gained 59.95 points or 0.52% at 11,536.90. Shares regained some lost ground on Thursday after declining sharply in the past few sessions.

Stocks drifted higher in early trade as buying resumed in index pivotals after recent slide. Key benchmark indices nudged higher in morning trade amid volatility. Firmness prevailed on the bourses in mid-morning trade. Stocks trimmed gains in early afternoon trade. Volatility ruled the roost as key indices sharply pared losses soon after hitting fresh intraday low in afternoon trade. Stocks once again firmed up in mid-afternoon trade. Indices extended gains and hit fresh intraday high in late trade.

The Sensex rose 224.50 points or 0.59% to settle at 38,242.81, its highest closing level since 3 September 2018. The index rose 302.65 points, or 0.80% at the day's high of 38,320.96. The index fell 105.81 points, or 0.28% at the day's low of 37,912.50.

The Nifty 50 index rose 59.95 points or 0.52% to settle at 11,536.90, its highest closing level since 3 September 2018. The index rose 85.30 points, or 0.74% at the day's high of 11,562.25. The index fell 40.90 points, or 0.36% at the day's low of 11,436.05.

The S&P BSE Mid-Cap index rose 0.31%. The S&P BSE Small-Cap index rose 0.46%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1603 shares rose and 1115 shares fell. A total of 172 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Telecom index (down 0.3%), the S&P BSE Consumer Discretionary Goods & Services index (down 0.16%), the S&P BSE Consumer Durables index (down 0.13%), the S&P BSE Teck index (down 0.08%), the S&P BSE FMCG index (up 0.03%), the S&P BSE IT index (up 0.13%), the S&P BSE Metal index (up 0.21%), the S&P BSE Auto index (up 0.27%), the S&P BSE Capital Goods index (up 0.27%), the S&P BSE Finance index (up 0.29%), the S&P BSE Basic Materials index (up 0.32%), the S&P BSE Bankex (up 0.36%) and the S&P BSE Realty index (up 0.53%), underperformed the Sensex. The S&P BSE Industrials index (up 0.65%), the S&P BSE Utilities index (up 1.01%), the S&P BSE Oil & Gas index (up 1.15%), the S&P BSE Power index (up 1.21%), the S&P BSE Energy index (up 2.12%) and the S&P BSE Healthcare index (up 2.20%), outperformed the Sensex.

Housing and Urban Development Corporation rose 7.19% after net profit rose 105.31% to Rs 333.38 crore on 73.42% increase in total income to Rs 1614.09 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 5 September 2018.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at Rs.71.86, compared with its close of Rs.71.78 during the previous trading session.

Yesterday, Asian shares ended lower amid ongoing concerns over emerging markets and potential new US tariffs on China. US stocks closed mostly lower Wednesday as tech stocks dropped after Facebook Inc. and Twitter Inc. executives testified on Capitol Hill about online misinformation.

The US and Canada are reportedly set to restart high-stakes efforts to resolve differences as they work toward recasting the North American Free Trade Agreement.

On the US data front, the trade deficit jumped almost 10% in July, hitting the highest level in five months and keeping the US on pace to record the largest annual gap in a decade.

#Mandhana Industries Ltd hit another upper circuits yesterday at Rs.7.15 in the NSE. It was one sided movement in the shares of the company, after it was recommended around Rs.4.65 in this blog. Yesterday,, there was media reports that Salman Khan got relief from court. 

#Yesterday, the shares P C Jewelers Ltd was recommended as a Buy at around Rs.85-86, for targets of Rs.103-190. The festive buying in gems and jewelry sector is likely to gather steam in the coming days. 

~~with inputs from Capital Market - Live News....

Winning Strokes: Think Different
Yesterday, the market ended the volatile session higher. The barometer index, the S&P BSE Sensex, gained 224.50 points or 0.59% at 38,242.81. The Nifty 50 index gained 59.95 points or 0.52% at 11,536.90. Shares regained some lost ground on Thursday after declining sharply in the past few sessions.

Stocks drifted higher in early trade as buying resumed in index pivotals after recent slide. Key benchmark indices nudged higher in morning trade amid volatility. Firmness prevailed on the bourses in mid-morning trade. Stocks trimmed gains in early afternoon trade. Volatility ruled the roost as key indices sharply pared losses soon after hitting fresh intraday low in afternoon trade. Stocks once again firmed up in mid-afternoon trade. Indices extended gains and hit fresh intraday high in late trade.

The Sensex rose 224.50 points or 0.59% to settle at 38,242.81, its highest closing level since 3 September 2018. The index rose 302.65 points, or 0.80% at the day's high of 38,320.96. The index fell 105.81 points, or 0.28% at the day's low of 37,912.50.

The Nifty 50 index rose 59.95 points or 0.52% to settle at 11,536.90, its highest closing level since 3 September 2018. The index rose 85.30 points, or 0.74% at the day's high of 11,562.25. The index fell 40.90 points, or 0.36% at the day's low of 11,436.05.

The S&P BSE Mid-Cap index rose 0.31%. The S&P BSE Small-Cap index rose 0.46%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1603 shares rose and 1115 shares fell. A total of 172 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Telecom index (down 0.3%), the S&P BSE Consumer Discretionary Goods & Services index (down 0.16%), the S&P BSE Consumer Durables index (down 0.13%), the S&P BSE Teck index (down 0.08%), the S&P BSE FMCG index (up 0.03%), the S&P BSE IT index (up 0.13%), the S&P BSE Metal index (up 0.21%), the S&P BSE Auto index (up 0.27%), the S&P BSE Capital Goods index (up 0.27%), the S&P BSE Finance index (up 0.29%), the S&P BSE Basic Materials index (up 0.32%), the S&P BSE Bankex (up 0.36%) and the S&P BSE Realty index (up 0.53%), underperformed the Sensex. The S&P BSE Industrials index (up 0.65%), the S&P BSE Utilities index (up 1.01%), the S&P BSE Oil & Gas index (up 1.15%), the S&P BSE Power index (up 1.21%), the S&P BSE Energy index (up 2.12%) and the S&P BSE Healthcare index (up 2.20%), outperformed the Sensex.

Housing and Urban Development Corporation rose 7.19% after net profit rose 105.31% to Rs 333.38 crore on 73.42% increase in total income to Rs 1614.09 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 5 September 2018.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at Rs.71.86, compared with its close of Rs.71.78 during the previous trading session.

Yesterday, Asian shares ended lower amid ongoing concerns over emerging markets and potential new US tariffs on China. US stocks closed mostly lower Wednesday as tech stocks dropped after Facebook Inc. and Twitter Inc. executives testified on Capitol Hill about online misinformation.

The US and Canada are reportedly set to restart high-stakes efforts to resolve differences as they work toward recasting the North American Free Trade Agreement.

On the US data front, the trade deficit jumped almost 10% in July, hitting the highest level in five months and keeping the US on pace to record the largest annual gap in a decade.

#Mandhana Industries Ltd hit another upper circuits yesterday at Rs.7.15 in the NSE. It was one sided movement in the shares of the company, after it was recommended around Rs.4.65 in this blog. Yesterday,, there was media reports that Salman Khan got relief from court. 

#Yesterday, the shares P C Jewelers Ltd was recommended as a Buy at around Rs.85-86, for targets of Rs.103-190. The festive buying in gems and jewelry sector is likely to gather steam in the coming days. 

~~with inputs from Capital Market - Live News....

Winning Strokes: Think Different
Yesterday, the market ended the volatile session higher. The barometer index, the S&P BSE Sensex, gained 224.50 points or 0.59% at 38,242.81. The Nifty 50 index gained 59.95 points or 0.52% at 11,536.90. Shares regained some lost ground on Thursday after declining sharply in the past few sessions.

Stocks drifted higher in early trade as buying resumed in index pivotals after recent slide. Key benchmark indices nudged higher in morning trade amid volatility. Firmness prevailed on the bourses in mid-morning trade. Stocks trimmed gains in early afternoon trade. Volatility ruled the roost as key indices sharply pared losses soon after hitting fresh intraday low in afternoon trade. Stocks once again firmed up in mid-afternoon trade. Indices extended gains and hit fresh intraday high in late trade.

The Sensex rose 224.50 points or 0.59% to settle at 38,242.81, its highest closing level since 3 September 2018. The index rose 302.65 points, or 0.80% at the day's high of 38,320.96. The index fell 105.81 points, or 0.28% at the day's low of 37,912.50.

The Nifty 50 index rose 59.95 points or 0.52% to settle at 11,536.90, its highest closing level since 3 September 2018. The index rose 85.30 points, or 0.74% at the day's high of 11,562.25. The index fell 40.90 points, or 0.36% at the day's low of 11,436.05.

The S&P BSE Mid-Cap index rose 0.31%. The S&P BSE Small-Cap index rose 0.46%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1603 shares rose and 1115 shares fell. A total of 172 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Telecom index (down 0.3%), the S&P BSE Consumer Discretionary Goods & Services index (down 0.16%), the S&P BSE Consumer Durables index (down 0.13%), the S&P BSE Teck index (down 0.08%), the S&P BSE FMCG index (up 0.03%), the S&P BSE IT index (up 0.13%), the S&P BSE Metal index (up 0.21%), the S&P BSE Auto index (up 0.27%), the S&P BSE Capital Goods index (up 0.27%), the S&P BSE Finance index (up 0.29%), the S&P BSE Basic Materials index (up 0.32%), the S&P BSE Bankex (up 0.36%) and the S&P BSE Realty index (up 0.53%), underperformed the Sensex. The S&P BSE Industrials index (up 0.65%), the S&P BSE Utilities index (up 1.01%), the S&P BSE Oil & Gas index (up 1.15%), the S&P BSE Power index (up 1.21%), the S&P BSE Energy index (up 2.12%) and the S&P BSE Healthcare index (up 2.20%), outperformed the Sensex.

Housing and Urban Development Corporation rose 7.19% after net profit rose 105.31% to Rs 333.38 crore on 73.42% increase in total income to Rs 1614.09 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 5 September 2018.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at Rs.71.86, compared with its close of Rs.71.78 during the previous trading session.

Yesterday, Asian shares ended lower amid ongoing concerns over emerging markets and potential new US tariffs on China. US stocks closed mostly lower Wednesday as tech stocks dropped after Facebook Inc. and Twitter Inc. executives testified on Capitol Hill about online misinformation.

The US and Canada are reportedly set to restart high-stakes efforts to resolve differences as they work toward recasting the North American Free Trade Agreement.

On the US data front, the trade deficit jumped almost 10% in July, hitting the highest level in five months and keeping the US on pace to record the largest annual gap in a decade.

#Mandhana Industries Ltd hit another upper circuits yesterday at Rs.7.15 in the NSE. It was one sided movement in the shares of the company, after it was recommended around Rs.4.65 in this blog. Yesterday,, there was media reports that Salman Khan got relief from court. 

#Yesterday, the shares P C Jewelers Ltd was recommended as a Buy at around Rs.85-86, for targets of Rs.103-190. The festive buying in gems and jewelry sector is likely to gather steam in the coming days. 

~~with inputs from Capital Market - Live News....

Winning Strokes: Think Different
Yesterday, the market ended the volatile session higher. The barometer index, the S&P BSE Sensex, gained 224.50 points or 0.59% at 38,242.81. The Nifty 50 index gained 59.95 points or 0.52% at 11,536.90. Shares regained some lost ground on Thursday after declining sharply in the past few sessions.

Stocks drifted higher in early trade as buying resumed in index pivotals after recent slide. Key benchmark indices nudged higher in morning trade amid volatility. Firmness prevailed on the bourses in mid-morning trade. Stocks trimmed gains in early afternoon trade. Volatility ruled the roost as key indices sharply pared losses soon after hitting fresh intraday low in afternoon trade. Stocks once again firmed up in mid-afternoon trade. Indices extended gains and hit fresh intraday high in late trade.

The Sensex rose 224.50 points or 0.59% to settle at 38,242.81, its highest closing level since 3 September 2018. The index rose 302.65 points, or 0.80% at the day's high of 38,320.96. The index fell 105.81 points, or 0.28% at the day's low of 37,912.50.

The Nifty 50 index rose 59.95 points or 0.52% to settle at 11,536.90, its highest closing level since 3 September 2018. The index rose 85.30 points, or 0.74% at the day's high of 11,562.25. The index fell 40.90 points, or 0.36% at the day's low of 11,436.05.

The S&P BSE Mid-Cap index rose 0.31%. The S&P BSE Small-Cap index rose 0.46%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1603 shares rose and 1115 shares fell. A total of 172 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Telecom index (down 0.3%), the S&P BSE Consumer Discretionary Goods & Services index (down 0.16%), the S&P BSE Consumer Durables index (down 0.13%), the S&P BSE Teck index (down 0.08%), the S&P BSE FMCG index (up 0.03%), the S&P BSE IT index (up 0.13%), the S&P BSE Metal index (up 0.21%), the S&P BSE Auto index (up 0.27%), the S&P BSE Capital Goods index (up 0.27%), the S&P BSE Finance index (up 0.29%), the S&P BSE Basic Materials index (up 0.32%), the S&P BSE Bankex (up 0.36%) and the S&P BSE Realty index (up 0.53%), underperformed the Sensex. The S&P BSE Industrials index (up 0.65%), the S&P BSE Utilities index (up 1.01%), the S&P BSE Oil & Gas index (up 1.15%), the S&P BSE Power index (up 1.21%), the S&P BSE Energy index (up 2.12%) and the S&P BSE Healthcare index (up 2.20%), outperformed the Sensex.

Housing and Urban Development Corporation rose 7.19% after net profit rose 105.31% to Rs 333.38 crore on 73.42% increase in total income to Rs 1614.09 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 5 September 2018.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at Rs.71.86, compared with its close of Rs.71.78 during the previous trading session.

Yesterday, Asian shares ended lower amid ongoing concerns over emerging markets and potential new US tariffs on China. US stocks closed mostly lower Wednesday as tech stocks dropped after Facebook Inc. and Twitter Inc. executives testified on Capitol Hill about online misinformation.

The US and Canada are reportedly set to restart high-stakes efforts to resolve differences as they work toward recasting the North American Free Trade Agreement.

On the US data front, the trade deficit jumped almost 10% in July, hitting the highest level in five months and keeping the US on pace to record the largest annual gap in a decade.

#Mandhana Industries Ltd hit another upper circuits yesterday at Rs.7.15 in the NSE. It was one sided movement in the shares of the company, after it was recommended around Rs.4.65 in this blog. Yesterday,, there was media reports that Salman Khan got relief from court. 

#Yesterday, the shares P C Jewelers Ltd was recommended as a Buy at around Rs.85-86, for targets of Rs.103-190. The festive buying in gems and jewelry sector is likely to gather steam in the coming days. 

~~with inputs from Capital Market - Live News....

Wednesday, September 05, 2018

Winning Strokes: Think Different
Key benchmark indices logged modest losses in a highly volatile session of trade amid negative global cues. The barometer index, the S&P BSE Sensex, fell 139.61 points or 0.37% at 38,018.31. The Nifty 50 index lost 43.35 points or 0.38% at 11,476.95. The Sensex regained the psychological 38,000 mark after sliding below that level in intraday trade. Global stocks dropped as heightened worries over international trade conflicts curbed investor appetite for riskier assets.

The Sensex fell 139.61 points or 0.37% at 38,018.31, its lowest closing level since 17 August 2018. The index rose 92.69 points, or 0.24% at the day's high of 38,250.61. The index fell 383.50 points, or 1.01% at the day's low of 37,774.42.

The Nifty 50 index fell 43.35 points or 0.38% at 11,476.95, its lowest closing level since 17 August 2018. The index rose 22.35 points, or 0.19% at the day's high of 11,542.65. The index fell 126.45 points, or 1.10% at the day's low of 11,393.85.

The S&P BSE Mid-Cap index fell 0.61%. The S&P BSE Small-Cap index fell 0.52%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was weak. On the BSE, 1041 shares rose and 1719 shares fell. A total of 170 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Telecom index (down 2.24%), the S&P BSE Consumer Durables index (down 1.85%), the S&P BSE FMCG index (down 1.1%), the S&P BSE Capital Goods index (down 1.02%), the S&P BSE Energy index (down 0.98%), the S&P BSE Realty index (down 0.86%), the S&P BSE Teck index (down 0.6%), the S&P BSE Consumer Discretionary Goods & Services index (down 0.49%), the S&P BSE Industrials index (down 0.48%), the S&P BSE Oil & Gas index (down 0.47%) and the S&P BSE IT index (down 0.37%), underperformed the Sensex. The S&P BSE Finance index (down 0.35%), the S&P BSE Bankex (down 0.07%), the S&P BSE Utilities index (up 0.07%), the S&P BSE Power index (up 0.10%), the S&P BSE Auto index (up 0.28%), the S&P BSE Basic Materials index (up 0.29%), the S&P BSE Healthcare index (up 0.66%) and the S&P BSE Metal index (up 1.13%), outperformed the Sensex.

On the macro front, August survey data signalled a slower rise in business activity across India's service sector, primarily driven by the weakest growth in new work in three months. The seasonally adjusted Nikkei India Services Business Activity Index fell from July's 21-month peak of 54.2 to 51.5 in August, signalling the slowest growth in the current sequence. The data was released during market hours today, 5 September 2018.

Overseas, European stocks were trading lower, as renewed concerns over international trade conflicts hampered investors' appetite for riskier assets. Asian stocks ended lower amid continued pressure in many emerging markets and as trade tensions persisted. US stocks fell yesterday, 4 September 2018, with all major indexes finishing lower, as investors looked ahead to a busy week of trade negotiations and economic data.

Trade tensions were a key focus for investors, with the US reportedly scheduled to restart tense negotiations with Canada that could lead to way to revising the North American Free Trade Agreement. Over the weekend, President Donald Trump threatened to leave Canada out of any new Nafta pact. The president of the country's largest group of labor unions said that Nafta won't work if it doesn't include Canada.

On the macro front, the Institute for Supply Management's manufacturing survey rose to 61.3 in August, its highest level since May 2004. Separately, the IHS Markit reading on August manufacturing came in at 54.7, compared with 55.3 in July.

#Mandhana Industries Ltd (Rs.6.85) as expected is hitting the upper circuits. We can look forward for higher targets in future as the company expands its overseas business. 

#The shares of J P Associates Ltd (Rs.11.50) has made a 52-week low of Rs.10.70, after Rakhesh Jhunjhunwala increased its stake and is now trading near that price only. When Rakesh Jhunjhunwala increased his holding in the company my good friend Ashish Chugh, commented: "What a clarity of thought".  However this clarity of thought is what has taken the share to yearly lows. Now even the media is silent on  this......and will probably forget, if the share continues to make further lows. Hero worshiping and flattering, big guns has been a part of our system. If you remember I had recommended J P Associates Ltd when it was trading near Rs.7 levels in this blog, after that the stock gave around 4 times returns from that price. I also asked all to exit the share when it broke a key support point. 

#The shares of Mro Tech Reality Ltd (Rs.48.05) which was recommended several times in this blog at various prices has been hitting the upper circuits since some time. It is nearing its target of Rs.51, which I mentioned earlier in this blog. 

#The shares of HDIL (Rs.32.85) which  recommended at various prices reached my recent target of Rs.35 (intraday high: Rs.35.60) and naturally profit booking was suggested in the scrip. I had asked all the Premium Members to average the scrip, when it fell near its 52-week lows and exit at around Rs.32-35, which I feel most have done... Those who are still holding the stock are suggested to book profits and take fresh positions only above Rs.37.50.

#I will be giving fresh inputs on TV Vision Ltd (Rs.6) and 3i Infotech Ltd (Rs.3.50), to the Premium Members soon, along with a recommendation of a short term momentum counter. Those who want to know the name of that scrip in advance, should join my Premium Service. Also, due to, tight work schedule and due to my chequered health conditions, this blog may not be updated on daily basis, like I used to do earlier, however, the Premium Members will get inputs on their Whatsapp on regular basis. 

~~with inputs from Capital Market - Live News...

Friday, August 31, 2018

Winning Strokes:Think Different
Yesterday, morning I came from KEM Hospital, Parel, Bombay after treatment for fever, cough, headache and other allied problems. Hence the blog could not be updated. However, I was there in the markets today and hence decided to put some inputs for the ardent blog readers. The repeated illness and other domestic problems, during the last few months have made me frail and mentally disturbed. 

Anyway, the Sensex ended with small losses while the Nifty ended almost flat amid negative global cues after US President Donald Trump stepped up his tough talk on trade. The barometer index, the S&P BSE Sensex, fell 45.03 points or 0.12% to settle at 38,645.07. The Nifty 50 index rose 3.70 points or 0.03% to settle at 11,680.50.

Broader market clocked decent gains. Among secondary barometers, the BSE Mid-Cap index rose 0.35%. The BSE Small-Cap index rose 0.55%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On BSE, rose 1440 shares rose and rose 1236 shares fell. A total of rose 184 shares were unchanged.

Indian export related pharma and IT companies rallied after the rupee depreciated past 71 per dollar, its lowest level against the dollar. I have asking all to buy IT stock since the last few week. My call on Nitesh Estate Ltd (Rs.7.45) was somewhat anchored on this theme....

Among IT shares, MindTree (up 5.92%), Tech Mahindra (up 4.80%), HCL Technologies (up 2.93%), Infosys (up 1.59%), Hexaware Technologies (up 1.28%), Wipro (up 0.94%), MphasiS (up 0.21%) and Oracle Financial Services Software (up 0.14%), edged higher. TCS (down 0.06%) and Persistent Systems (down 0.82%), edged lower.

Among pharmaceutical shares, Dr Reddy's Laboratories (up 4.67%), Lupin (up 4.35%), Cadila Healthcare (up 3.73%), Aurobindo Pharma (up 3.50%), Piramal Enterprises (up 2.39%), Sun Pharmaceutical Industries (up 1.99%), Cipla (up 1.76%), Alkem Laboratories (up 1.75%), GlaxoSmithKline Pharmaceuticals (up 1.20%), Strides Shasun (up 1.18%), Glenmark Pharmaceuticals (up 1.08%), IPCA Laboratories (up 1%) and Divi's Laboratories (up 0.54%), edged higher. Wockhardt fell 0.14%.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 70.91, compared with closing of 70.7350 during the previous trading session.

On macro front, India reported on Friday a fiscal deficit of Rs 5.40 lakh crore for April-July, or 86.5% of the budgeted target for the current fiscal year compared with 92.4% a year earlier. Net tax receipts in the first four months of 2018-2019 fiscal year that ends in March 2019 were Rs 2.93 lakh crore, government data showed.

Overseas, European stocks fell following a downbeat session in Asia after US President Donald Trump stepped up his tough talk on trade. Asia shares declined as Wall Street ended its four-day winning streak in the last session, following a report that US President Donald Trump voiced his support for moving forward with more proposed tariffs.

China reported on Friday that factory activity was higher than expected in August, with the official manufacturing Purchasing Manager's Index (PMI) coming in at 51.3. A reading above 50 indicates expansion, while a reading below that signals contraction. China's official services PMI for August rose to 54.2 for August against 54.0 in July, the National Bureau of Statistics reported.

In US, stocks snapped a four-day winning streak to finish lower Thursday, with the Dow falling back below 26,000. Media reported that Trump said to his aides that he supports going ahead with the imposition of proposed tariffs on an additional $200 billion in Chinese goods. The report did, however, also mention that Trump has not made up his mind on the matter. The White House declined to comment on the report.

On the US data front, initial jobless claims, a barometer of layoffs, rose by 3,000 to 213,000 in the week ended 25 August 2018. Nonetheless, the monthly average of claims fell by 1,500 to 212,250, the lowest level since December 1969.

Consumer spending climbed 0.4% in July, according to a government reading. Incomes rose 0.3%. And the 12-month increase in the PCE index, the Federal Reserve's preferred inflation gauge, rose to 2.3% from 2.2%, marking the highest level since April 2012, suggesting the Fed is likely to maintain its hawkish bias.

#Today's recommended momentum counter  to the Premium Members, Reliance Naval and Engineering Ltd hit the buyer freeze at Rs.16.85. The next target for the scrip is Rs.19. But do you know why it has started to hit the Upper Circuits again? Join Premium Information Services. 

Today's recommended mid cap scrip HDIL moved to Rs.33,10 before closing at Rs.32.75, up around 7.91% in the BSE. The scrip almost doubled from the recently made low, where it was recommended to the Premium Members for accumulation.. If you want to make money on consistent basis, then there is a need to take help from experts or from the professionals in this trade. 

My strongly recommended counter Mandhana Industries Ltd (Rs.6) today hit another buyer freeze. The stock has given a 90 days break out on daily charts. The target of Rs.9.6, remains intact. Stay invested.

The stock of TV Vision Ltd today made a high of Rs.6.39 in the BSE before closing at Rs.6.20, while the stock of Sri Adhikari Brothers Ltd, one of its group companies closed flat at Rs.7.3. The company has come up with a new plan to cut its debts. 

I will be recommending another small cap momentum counter to the Premium Members. Those who are interested to know the name should join the Premium Service, by Sunday. If you want to make good money from this rally, then help from the veterans in the market, would be an added advantage. 

~~With inputs from Capital Market - Live News...

Tuesday, August 28, 2018

Winning Strokes:Think Different
Domestic stocks logged strong gains on upbeat global cues. The barometer index, the S&P BSE Sensex, gained 442.31 points or 1.16% to settle at 38,694.11. The Nifty 50 index gained 134.85 points or 1.17% to settle at 11,691.95. The Sensex and the Nifty, both, attained record high levels in intraday as well as on closing basis.

Among secondary barometers, the BSE Mid-Cap index rose 1.07%. The BSE Small-Cap index rose 0.70%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On BSE, 1451 shares rose and 1265 shares fell. A total of 218 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Power index (up 2.37%), the S&P BSE Bankex (up 1.69%), the S&P BSE IT index (up 1.54%) outperformed the Sensex. The S&P BSE Realty index (down 0.16%), the S&P BSE Healthcare index (up 0.49%) and the S&P BSE FMCG index (up 0.65%) underperformed the Sensex.

Filatex India rose 9.52%. Filatex India said that the board of directors of the company at its meeting held on 25 August 2018 has considered and approved raising of funds upto an amount of Rs.150 crore by way of issue of equity shares, American Depository Receipts, Global Depository Receipts, convertible bonds / securities through qualified institutional placement/ others. The announcement was made on Saturday, 25 August 2018.

Overseas, Asian and European stocks gained as investors react to comments from US Federal Reserve Chairman Jerome Powell on the US central bank's policy tightening path. This also follows an announcement by China's central bank regarding the yuan's daily midpoint the same day.

In US, the S&P 500 and Nasdaq Composite reached all-time highs on Friday as Netflix shares rose. Sentiment was also boosted by strong earnings and solid economic data being reported earlier last week.

Last Friday, Powell delivered a speech at the Jackson Hole Symposium in Wyoming, where leading central bankers met to discuss the future of monetary policy. He said further, gradual rate hikes were likely in the future, noting the economy is strong and able to withstand tighter monetary policy.

Powell's comments came hours after the People's Bank of China announced that it was tweaking its methodology for the fixing of the yuan's daily midpoint in an effort to stabilize the currency market.

The scrip of Bharat Heavy Electricals Ltd (Rs.79.85) touched Rs.81.30 in the BSE. This is an excellent scrip to be accumulated for the long term.

The stock of TV Vision Ltd (Rs.5.97) has been going down after making a double top at around Rs.6.50. I however, feel that dips should be used as accumulation points for medium to long term benefits. The RSI is at 49.93. The company has come up with new debt resolution plan which is under consideration of the lenders. Recently in ET, Sachin Relekar, Fund Manager-Equity at LIC Mutual Fund said: "Investors putting money in midcap and smallcap funds for longer time frame should have higher tolerance against volatility, as the domestic market has many macro headwinds lying in wait". 

The scrip of Kwality Ltd has hit Lower Circuit at Rs.24.3 in the NSE. I had earlier mentioned in this blog to book some profits due to the presence of strong resistance zones between Rs.23-25. Hope most of you have done the same. 

The scrip of Manappuram  Finance Ltd (Rs.101.25) which was recommended around Rs.13 in 2013, gave around 9 (nine) times return (in 5 years) to the patient investors. The stock earlier made a high of Rs.130.45 in the NSE. This is what you get in the long term, if your choice of scrip is correct, coupled with good future visibility. Keep holding with a SL at Rs.92.

The stock of MBL Infrastructure Ltd was recommended to the Premium Members as a buy for the short term with a target of Rs.24 and SL of Rs.17. The scrip made a high of Rs.20.80 in the NSE.  

I will be recommending another short term Small Cap stock with satisfactory fundamentals to the Premium Group members, this week. The name of the share along with resistance points, stop losses and targets will be delivered in their Whatsapp address. Those who want to know the name in advance, should join the Premium Service. Also, due to repeated fevers and on account of too much work on other verticals, I am not able to update this blog on regular basis. Hope the things will get streamlined in future, by the grace of God, with my health condition improving a bit. 

~~with inputs from Capital Market Live News....

Tuesday, August 21, 2018

Winning Strokes: Think Different
Photo:Green Summit
Key benchmark indices settled with small gains after a quiet session of trade. The barometer index, the S&P BSE Sensex, rose 7 points or 0.02% to settle at 38,285.75. The Nifty 50 index rose 19.15 points or 0.17% to settle at 11,570.90. The Sensex and the Nifty, both, attained record high on intraday as well as closing basis.

Domestic stocks reversed intraday gains soon after a gap-up opening pushed the Sensex and the Nifty to record high. Stocks once again regained positive zone in morning trade. A divergent trend was witnessed in mid-morning trade as the Sensex was trading with small losses while the Nifty was trading with small gains. Key benchmark indices were trading a tad below the flat line in early afternoon trade. Stocks thereafter hovered in a small range near the flat line with bouts of rise and fall.

The Sensex rose 7 points or 0.02% to settle at 38,285.75, its record closing high. The index hit high of 38,402.96 in intraday trade, its record high. The index hit low of 38,213.87 in intraday trade.

The Nifty 50 index rose 19.15 points or 0.17% to settle at 11,570.90, its record closing high. The index hit high of 11,581.75 in intraday trade, its record high. The index hit low of 11,539.60 in intraday trade.

The S&P BSE Mid-Cap index rose 0.52%. The S&P BSE Small-Cap index rose 0.34%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was negative. On the BSE, 1338 shares rose and 1386 shares fell. A total of 169 shares were unchanged.

Coal India (up 2.59%), Axis Bank (up 1.92%), NTPC (up 1.7%), Sun Pharmaceutical Industries (up 1.69%) and Reliance Industries (up 0.94%) edged higher from the Sensex pack.

Tata Steel (down 2.86%), Hindustan Unilever (down 1.3%) and Vedanta (down 1.17%) edged lower from the Sensex pack.

Pharma stocks gained. Cadila Healthcare (up 2.57%), Cipla (up 1.08%), Dr Reddy's Laboratories (up 1.35%), Glenmark Pharmaceuticals (up 4.36%), Sun Pharmaceutical Industries (up 1.69%), Aurobindo Pharma (up 0.42%) and Wockhardt (up 0.81%) rose. Alkem Laboratories (down 1.3%) and GlaxoSmithKline Pharmaceuticals (down 0.73%) fell.

NR Agarwal Industries fell 2.24% after the company said that the operations of the company's Unit - I located at Vapi, Dist. Valsad shall be temporarily shut down for a period of 15 days with effect from 27 August 2018 for the purpose of annual maintenance and technological upgradation. The announcement was made after market hours yesterday, 20 August 2018.

Overseas, Asian and European shares rose on optimism over trade talks between the United States and China. Immediate focus was on the lower-level trade talks due to start this week between the United States and China. However, this week will also see the imposition of 25% tariffs on $16 billion worth of Chinese imports, an action by the Trump administration that China has said it would retaliate against.

US stocks closed higher for a third session Monday as a pair of billion-dollar deals reaffirmed confidence that the US economy continues its steady expansion. Meanwhile, the minutes from the Federal Reserve's most recent meeting will be released later in the global day today, which could provide insight into the central bank's thinking in terms of policy changes.

#Accumulation is going on in the stock of Mandhana Industries Ltd (Rs.4.85) around Rs.4.65-5.10 levels. Mandhana Industries reported a lower net loss of Rs.4.61 crore in the quarter ended June 2018 as against net loss of Rs.76.33 crore during the previous quarter ended June 2017. Sales however declined by 22.57% to Rs.66.93 crore in the quarter ended June 2018 as against Rs.86.44 crore during the previous quarter ended June. In 2016, Mandhana Industries Ltd and The Salman Khan Foundation terminated the brand license agreement and entered into a global trademark license agreement up until 31 March 2020. Under the licensing agreement, Mandhana Industries Ltd is entitled to design, manufacture, retail and distribute the products (Men’s and Women’s wear) under the trademark brand Being Human.
Fortunes of the clothing line has tracked the rise, and sometimes the fall, of the Bollywood superstar.
The rise began after Salman Khan’s second innings started with the success of Wanted in 2009. The success of the movie translated into the success of the apparel brand.
The brand, which is present in 15 countries, is now increasing its footprint. Venturing now into USA, United Kingdom, Far East and Sri Lanka, Being Human is more of Khan’s swag on the shelves than being just another clothing brand. It was first launched in France and later ventured into Middle East, Nepal, Mauritius, Nepal and Fiji. The brand already has a global footprint of 500 point of sales in more than 15 countries.
“Alongside other countries we are also debuting in Canada at Holts wherein we will showcasing our collection through a pop up at Holts-Canada’s leading departmental store. Our goal has always been to be a global brand,” said Manish Mandhana, CEO, the Mandhana Retail Ventures. The stock could anytime start hitting the UCs, stay invested. You need to have patience in these kinds of scrips. 

The shares of TV Vision Ltd and Sri Adhikari Brothers Network Ltd today as expected hit their respective UCs at Rs.6.4 and Rs.8.10 respectively. The company has last month placed a new revival package with the lenders, which the latter is scrutinizing. This has created a fresh optimism in the counters. Targets remain the same but please do keep Stop Losses.

The scrip of Bangaluru based Nitesh Estates Ltd today closed flat at Rs.7.80, after touching an intraday high  of Rs.8. The share has three embedded themes: (i) Retail Story with Shopping Mall (ii) The buoyancy in the IT sector due to the depreciation in the INR (iii) Real Estate Story.
If you want to enter this counter, then kindly  have a minimum time frame of 3-6 months, I mean till January, 2019. The target and SL remains the same.

The stock of Kwality Ltd hit another buyer freeze at Rs.25.60 in the NSE, today. The share has more doubled from the recommended price of Rs.12.50, in a little over one month. How will the stock expected to behave in the short term?

The stock of Tata Steel Ltd today moved to Rs.602.45 before closing at Rs.582.15. Hope most of you booked profit and exited at the SL of Rs.591 provided yesterday on this blog. You can again accumulate after the scrip price stabilizes around Rs.586-587 ranges.

#For medium to long term investments like your FDs, you can look at the scrip of BHEL at the CMP of around Rs.75.50. The medium to long term targets could be Rs.130-141. The stock was recommended to the Premium Group members on last Sunday at around Rs.73-74.
Bharat Heavy Electricals Limited (BHEL), one of the largest Engineering and manufacturing enterprises in India, has a significant presence in the fields of Power Generation, Transmission, Transportation, Industry, Oil & Gas and Renewable energy sources. The Electronics Division of BHEL, located in Bangalore, is a pioneer in Power plant Automation, Power Electronics, Solar Photovoltaic cells & modules and has state-of-the-art facilities for manufacturing these systems.
BHEL specializes in providing Concept to Commissioning solutions for MW size Solar PV Plant which include site surveys, preparation of feasibility reports for deployment of PV systems, Design, Supply, Installation and Commissioning of the plants as well as After Sales Service.

~~with inputs from Capital Market - Live News...

Monday, August 20, 2018

Market Mantra
Stocks extended gains and hit fresh intraday high in morning trade. At 10:18 IST, the barometer index, the S&P BSE Sensex, was up 303.13 points or 0.8% at 38,251.01. The Nifty 50 index was up 71.85 points or 0.63% at 11,542.60. The Sensex and the Nifty, both, scaled fresh record high. Capital goods stocks edged higher. Positive Asian stocks boosted sentiment on domestic bourses.

Domestic stocks drifted higher in early trade, with the Sensex and the Nifty, both, scaling record high.

The S&P BSE Mid-Cap index was up 0.68%, outperforming the Sensex. The S&P BSE Small-Cap index was up 0.39%, underperforming the Sensex.

The market breadth, indicating the overall health of the market, was strong. On the BSE, 1331 shares rose and 729 shares fell. A total of 121 shares were unchanged.

Overseas, Asian stocks rose following a higher finish on Wall Street last Friday as investors awaited developments on proposed US-China trade talks, while keeping a wary eye on the Chinese yuan and Turkish lira. US stocks rose on Friday on strength in technology hardware shares and optimism for a resolution in America's trade dispute with China.

Back home, capital goods stocks edged higher. GE T&D India (up 1.12%), ABB India (up 0.59%), Bharat Heavy Electricals (Bhel) (up 1.22%), BEML (up 0.27%), Bharat Electronics (up 0.47%), Punj Lloyd (up 0.35%) and Siemens (up 0.31%) gained. Thermax (down 0.05%) fell.

Larsen & Toubro (L&T) gained 5.93% after the company announced that its board will meet on 23 August 2018, to consider a proposal for buyback of equity shares of the company. The announcement was made on Saturday, 18 August 2018.

CG Power and Industrial Solutions (CG) rose 1.26% after the company entered into a strategic alliance agreement with TENAGA Switchgear Sdn. Bhd., Malaysia (TSG) to leverage each company's unique strengths and assets to expand market reach and enhance customer base in Southeast Asia-Pacific (SEAP), particularly Malaysia. The alliance further cements the existing strong bond between CG and TSG where CG is already a key partner to Tenaga Switchgear on power transformers and circuit breakers.

The agreement between the companies includes product development and promotion of 11 kV Gas Insulated Switchgear (GIS) in Malaysia to address the rapidly growing demand in this region. As per the agreement, both the companies will collaborate in the Malaysian market. The announcement was made after market hours on 17 August 2018.

Mangalore Chemicals & Fertilizers jumped 9.76% after the company announced that, Ministry of Environment, Forest and Climate Change (MoEF&CC), Government of India, vide its letter dated 14 August 2018, has accorded the Environmental Clearance (EC) to the project for expansion cum modernisation of a fertilizer plant. The announcement was made after market hours on 17 August 2018.

#Today's morning call Nitesh Estate Ltd (Rs.7.80) at Rs.7.90 moved to Rs.8.10, during the intraday. Founded in 2004, the Bangaluru based Nitesh Estates Ltd has predominantly been a residential player, apart from having presence in commercial offices, hospitality and retail assets. It may be recalled that Nitesh Pune Mall, a subsidiary of Nitesh Estates, had intimated to the stock exchanges on 25 October, 2017 regrading its discussion with certain investors for raising capital of over Rs.350 crore.
In another development, there were media reports that almost all the big developers such as DLF, Prestige, Brigade, Phoenix Mills, L&T, Nitesh Estates and a host of regional and local developers are building malls. An n estimated 7.8 million square feet of mall space is expected to come up this year, the highest ever supply since 2011, according to property consultancy JLL. This is 40 per cent more compared to last year. The next three years -- 2018 to 2020 -- are expected to see around 20 million sq ft of space hitting the market, JLL said. Experts said the booming retail sector and evolving shopping scenario in Tier II and Tier III cities were driving the new supply.
This Bangaluru based Real Estate company is likely to get positive effects due to buoyancy in the IT sector, following the depreciation of the INR. If you have the capacity to hold the scrip for 3-6 months, I mean till January,, '19, the scrip could give good returns. 

#The stock of Mandhana Industries Ltd (Rs.4.85) today moved to Rs.5.15 in the NSE. After such spectacular quarterly results, I am sure the scrip will slowly move towards the next target of Rs.9.7. The export oriented Textile and IT stocks are likely to outperform the market, in the coming days. Another thing: Someone in Bollywood told me that Mandhana Industries Ltd (Rs.4.85) is actually an Alvira Khan Agnihotri Venture.. Can anyone confirm?
It's rise began after Salman Khan’s second innings started with the success of Wanted in 2009. The success of the movie translated into the success of the apparel brand.
The brand, which is present in 15 countries, is now increasing its footprint. Venturing now into USA, United Kingdom, Far East and Sri Lanka, Being Human is more of Khan’s swag on the shelves than being just another clothing brand. It was first launched in France and later ventured into Middle East, Nepal, Mauritius, Nepal and Fiji. The brand already has a global footprint of 500 point of sales in more than 15 countries.
“Alongside other countries we are also debuting in Canada at Holts wherein we will showcasing our collection through a pop up at Holts-Canada’s leading departmental store. Our goal has always been to be a global brand,” said Manish Mandhana, CEO, the Mandhana Retail Ventures.

#The scrip of TV Vision Ltd as expected and as mentioned to the Premium Members have tested its support at Rs.5.6-5.7 ranges and is now up today at Rs.6, up 5.26% in the NSE. The intraday high for the share is Rs.6.10. 

#The share of Sri Adhikari Brothers Television Network Ltd has tested its immediate supports mentioned to the Premium Members on Whatsapp and is now at the Upper Circuits at Rs.7.75, up 9.93%. It made an intraday low of Rs.7.05, just a tad above its support. To get such suggested on your Whatsapp, Join the Premium Information Services soon. Now highly discounted Life Time Offer (30 years) is going on, which you can subscribe. 

Tata Steel Ltd was given a buy yesterday at around Rs.580.15 to the Premium Members. The stock today made a high of Rs.598.7 and is now trading at Rs.597.40. Those who have already taken short term positions for targets of Rs.625-675, should hold with a SL at Rs.591.

#The share of Den Networks Ltd today made an intraday high of Rs.56.45 and is now trading at Rs.55.60 What are Traders and Long term investors, suggested to do with the scrip? To know, you need to trade through my associated brokerage house: BMA Wealth Creators Ltd (www.bmawc.com) with a minimum portfolio size of Rs.2 lakhs or Join the Premium Information Service. You will get constant updates on your Whatsapp apart from director calls to my cell number. 
I reiterate the word of caution once again: In these kinds of markets when even the experts and veteran traders find difficult to make money on a consistent basis, it would be near SUICIDAL for the NOVICES to try on their own. Remember, you are competing with the bests of the Financial World who have been in this space for more than 2-3 decades.. Hence beating these professionals on a regular basis to eke out profits from the Share Market is not that easy. I believe, Indian Stock Markets dotted by FPIs and Mutual Fund Gurus, has now become a place ONLY for highly professional traders and investors -- there is no chance for amateurs...in fact they have been weeded out long back.

#I have recommended a Large Cap Counter to the Premium Members yesterday night at around Rs.72-73, whose name will be disclosed tomorrow in this blog after 10 am in the morning. The said scrip is more like a Fixed Deposit investment, with returns 2-3 times more than those instruments....The CMP of the scrip is Rs.74.5, after it made an intraday high of Rs.75.40 in the NSE. The short term targets were also given to Premium Members on their Whatsapp. To know the name in advance, your should join the Special Information Group.

~~with inputs from Capital Market - Live News...