Bulls To Look Out For The Day : Action Construction Equipment, Sterling Tools, Vardhman Holdings & IMP Powers

Market today morning has taken to steady downtrend momentum on major indices despite even advance to decline ratio in Nifty & Sensex and bullish performance on many sectorial benchmark indices. This downtrend momentum is influenced by performance of IT, Media & Infrastructure stocks. Nifty is currently trading at 10203.85 with 0.21% decrease in value.

These stocks are expected to trade on uptrend momentum across the day regardless of market movement on sectorial basis or any negative influence. The stocks and their current change in value are

  1. Action Construction Equipment Ltd – 15.28% NSE / 15.36% BSE
  2. Sterling Tools Ltd – 15.17% NSE/ 14.86 % BSE
  3. Vardhman Holdings Ltd – 16.07% NSE / 17.20 % BSE
  4. IMP Powers Ltd – 12.02% NSE / 10.50% BSE
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Commodity and Currency Market Update: 12th October

The Indian Rupee (INR) opened slightly higher against the US Dollar in today’s session. The USD/INR pair is currently trading at Rs 65.11 levels down by 0.05 percent. The dovish outlook in FOMC meeting minutes released yesterday, in pulling the USD down against major currencies. The UD Dollar Index Spot is down by 0.20 percent and is at 92.83 levels.

The Gold Prices has also firmed in today’s session and in MCX it is trading at Rs 29860/ 10gm with gains of Rs 153. MCX Silver is trading 0.57 percent or Rs226 higher at Rs 40354 level. Crude Oil is trading 0.57 percent at Rs 3328/barrel.  Natural Gas is trading 0.31 percent lower at Rs 190/mmbtu.

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Intra Day Market Review – 27.07.2017

Today’s market proceeded as predicted for morning market session. Market moved uptrend till it reached 10114.85 and began corrections, while market is still trading uptrend major stocks across various sectors have moved into correction course with a downtrend movement ranging upto decrease of about 0.25% and sectors that have taken major downtrend movement at afternoon session during correction trend are Pharma, IT , Cements , Metals and Telecom.

Nifty is currently trading at 10075.25 and major support for the continuous uptrend movement is provided by Finance , Media , FMCG , Automobiles and Energy sectors, nifty is currently moving with  24 shares in decline and 26 shares in advance.

Major gainers for the morning session are HDFC Ltd and Yes Bank with an increase in value of 4.47% and 3.75% , major losers for the morning session is Bharti Airtel with a -2.78% decrease in value.

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