Today Mangalam Cement rise 5% on commence of 0.75 mpta Aligarh unit

NEW DELHI: Shares of Mangalam CementBSE 4.44 % surged nearly 5 % in Tuesday's trade after the company revealed commencement of production at a new 0.75 million tonne per annum (mtpa) unit. In a brief note to BSE, the company said the mashing unit is now in Aligarh, Uttar Pradesh. The opening of its commercial workings from the unit has increased the overall capacity of the cement producer to 4 mpta from 3.25 mtpa. 

The stock jumped 4.63 % to hit a high of Rs 350 on BSE. Mangalam Cement has initiate commercial production at its new cement mashing unit of 0.75 million tonnes per annum (mtpa) capacity in Aligarh, Uttar Pradesh, state a media report. 

Market for cement sector grew merely by 3 % in Q1FY17, which is expected to stay in the constant range in Q1FY17as well. Still, favourable monsoon & ease of water issues in Madhya Pradesh & Maharashtra are expected to cast good impact on consumption as many projects were stuck for want of water. The government's continuous thrust in progress of Roads & Highway and irrigation sector will prompt demand, going ahead, said Reliance Securities in a note. 

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Nifty-50 trades around 7,750; Geometric gains 15% 4 Apr, 2016

Today, the 30-share index was trading at 25,386, went up 118 pts or 0.46 per-cent. It reached a high of 25,414.91 & a low of 25,322.36 in morning trading.Click for free stock tips

The Nifty-50 was trading at 7,749 up 36 pts or 0.47 per-cent. It then, reached a high of 7,756.35 and a low of 7,729.95 in the first 30 mins of trade.

Today, S&P BSE Midcap Index was up 0.41 per-cent & BSE S&P Smallcap Index was trading 0.53 per-cent higher.

ITC (down 2.3 per-cent), ONGC (down 0.3 per-cent) were the major Sensex losers, While Adani Ports went (up by 2.3 per-cent), Tata Motors (up 1.7 per-cent), Bharti Airtel went (up 1.5 per -cent), Dr Reddy's Laboratories (up 1.3 per-cent), and Infosys (up 1.1 per-cent), were the major Sensex gainers.

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Automobile War : Tata Motors gunning for lost crown as Maruti gives up the gains

Midway through current financial year, Maruti Suzuki regulated to snatch the crown of the largest automobile company in the our country in terms of market capitalisation (m-cap) from Tata Motors.

Since then, it has been a big clash of the titans in the automobile industry, with the battle going to enter a new phase in the up-coming financial year.

Maruti Suzuki's market-cap stood near Rs 1,09,928.00 crs on 1st April, 2015, when Tata Motors' m-cap was a staggering Rs 1,92,518.07 crs, data compiled by experts.Click for Stock option tips

A year on, Maruti Suzuki is at the same level despite having lost close to Rs 31,000 crs in m-cap current year, while Tata Motors m-cap has fallen deeply to Rs 1,04,417.79 crs, a Rs 88,100 crs erosion in a matter of months.

"Tata Motors is a far better story at present level, with its commercial vehicle cycle playing out positively. We have got to just keep a tab on how the margins in China shape up.

Evidently, they are going very well in the US(United States) and even in the rest of the world," he contributed.

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Shares of BHEL reformed 4.3% after CLSA predicts growth

Shares of India's largest power equipment maker Bharat Heavy Electricals (BHEL) reassembled 4.3% on yesterday after statements - "the state-run organization may report 40% growth in order inflows for the year ending March 2016 (FY16), while giving an 'outperform' rating on the stock".

The brokerage told power equipment orders are at 5-year highs, and BHEL BSE 0.21 % has swept order bids with 76% market share in boilers, & 89% in turbine tenders.Click for Stock option tips

Shares of BHEL ended near Rs 116.75, up Rs 4.80, or 4.29%, on yesterday.

The organization had posted a loss of Rs 1,102 crs in Oct-Dec quarter, against profit of Rs 212 crs a year ago. Revenues went down 14% to Rs 5,325 crs during the quarter, in accordance with the filing with the BSE.

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IDFC, SBI and UTI these fund managers go for bearish bets

IDFC, SBI and UTI : SBI Mutual Fund has decreased the average maturity in long-term funds to nearly six years now compared with about 15 years in Nov.

India's RPI(retail price inflation) eased to a four month low in Feb, triggering hopes for more rate cuts beyond a 25-basis pts rate cut widely estimated on April 5th, when the RBI will announce its next bi-monthly policy.

CPI(Consumer price index) based retail inflation softened to 5.18% in Feb , lower than the 5.6% estimated earlier.IDFC Mutual Fund too has decreased its average maturity to near 4 years in income & bond funds, which is more than halved compared to previous year.

"We think that cyclical disinflation has broadly run its course," told by Mr. Suyash Choudhary , head of fixed income, IDFC Mutual Fund. "Potential upturn in rural wage and 7th Pay Commission payouts could exert some stress to inflation speed ahead.

The Reserve Bank of India has also set a 4% inflation target by Jan 2018.This, in accordance with some market participants, could be an impediment for aggressive rate cuts amid uncertainty over monsoon & inflationary wage lift.

 

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SpiceJet & Jet Airways fall 3-4% on hike in aviation fuel prices

Today, Aviation companies like Jet Airways & SpiceJet fell down by 3-4 per-cent in early trade following increase in aviation fuel prices. IOC, on Feb 29, raised aviation turbine fuel prices in Delhi by 4,174.49/kl to 39,301.31/kl rupees. Click for Free Trial

At 9 O 'clock IST, the scrip of Jet Airways was quoting at Rs 485.20, down Rs 6.70, or 1.36 per-cent & SpiceJet was at Rs 61.25, down by 1.37 per-cent. Moreover, InterGlobe Aviation bucked the trend, up 2.16 per-cent to Rs 827.50.

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Share market tips & overview : Buy Reliance Infra call 24 Feb, 2016

Free share tips

Share market updates : Most Asian markets were trading down. Japan's benchmark Nikkei was trading 0.65 per-cent lower at 15,948.31. China's CIS300 fell 0.17 per-cent to 3,087.Click for more Share tips

Other Asian market indices, including Hong Kong's Hang Seng (down 1.20 per-cent), South Korea's Kospi (down 0.02) & the TWSE of Taiwan (down 0.50 per-cent) were trading lower.


FUTURE: BUY RELIANCE INFRA ABOVE 409.50 TGTS 411.50/414.50/418.50 SL 407

FUTURE: RELIANCE INFRA HIT 1ST TGT 411.50 HIGH OF 411.75 BOOK PART PROFIT

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Free stock updates for 23 Feb, 2016

Wall Street : Wall Street ends higher on yesterday, with the Dow Jones index rising 1.39 per-cent to settle at 16,620.66.Click for Free stock tips

The rise in US stocks was led by a surge in mcx crude oil prices, as international benchmark Brent gained by $1.81, or 5.5 per-cent, to $34.82 a barrel in overnight trade. US mcx crude futures also gained $2.41, or 8.1 per-cent, to $32.05 a barrel.

The International Energy Agency (IEA) on Monday told US(United States) shale oil production may drop by 600,000 barrels per day (bpd) this year and another 200,000 bpd in 2017 year.

Gains were also led by comments by Nigeria, which backed Russia & Saudi Arabia in freezing crude oil production, while giving Iran & Iraq a way out to rebound few of their market shares lost due to the western permissions.

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Sensex, Bank nifty futures updates for 22 feb, 2016

Today, Sensex unlocked on a cautious note trading by 15 pts high tracking positive global cues. The gainers  were led by Reliance Industries, ICICI bank, Tata Motors, L&T & Sun Pharma.

While the Bank nifty was trading above its critical support level of 7,200 supported by leads in  auto, realty, banking and energy stocks.

The broader market traded in line with the benchmark indices with the midcap & BSE smallcap indices increasing 0.46 and 0.42 per-cent.

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World Wide : Downturn spurred Fed to consider changing rate path 18 Feb

Federal Reserve : The policymakers worried on previous month that a world wide slowdown and financial market selloff could hurt the economy of US & considered changing the central bank's planned interest rate lift path for 2016. Click for Free stock tips Although most of the policymakers yet expected to raise rates current year & even discussed a hike at the Jan 26-27 policy meeting, they were divided over how to interpret the financial market volatility, in accordance with the minutes from the meeting released on yesterday.

That suggested "Federal Reserve" was backing away from the four rate increase that were signalled for current year in the month of December, when it increase rates for the very 1st time in nearly a decade. The policymakers discussed "altering their earlier views of the appropriate path for the target range for the federal funds rate," but most judged it "premature" to make big changes to their outlook, according to the minutes.

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Commodity tips : Japan Dec machinery orders increase in positive

Japan's core machinery orders rose at a slower-than-assumed pace in December but companies hopes orders to accelerate in January-March, an encouraging sign that industry is ready to increase spending. Click for Commodity tips

Core orders, a highly unpredictable data series regarded as a top indicator of capital spending, rose 4.2 per-cent in December, Cabinet Office data showed on Wednesday, less than the median estimate for a 4.7 per-cent month-on-month increase. Companies expect orders to rise 8.6 percent in Jan-March month, which would be faster than a 4.3 per-cent increase in the previous quarter, suggesting corporate Japan remains positive on the outlook for native demand.

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Top stocks for traders 16 feb, 2016

1. Reliance Communications

2. United Breweries (Holdings) Ltd

3. M&M Ltd

4. Infosys Ltd

5. Bharti Airtel

6. Hero MotoCorp Ltd

7. DLF Ltd


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Nifty went up by 17 points 5 feb, 2016

Today, the Nifty-50 was at 7,420 up 17 points or 0.23 per-cent. It attained a high of 7,425.50 and a low of 7,410.90 in the first 30 mins of trade.

The S&P BSE Midcap Index was up 0.33 per-cent and BSE S&P Smallcap Index was trading 0.20 per-cent high.

Share tips & updates : Axis Bank (up 1.5 per-cent), Hero MotoCorpBSE 1.84 % (up 1.06 per-cent), Adani Ports (up 1.05 per cent), Sun PharmaBSE 2.22 % (up 0.8 per-cent), and ICICI Bank (up 0.7 per cent), were the major Sensex gainers.

Tata Steel (down 3 per-cent), LupinBSE 0.63 % (down 2.3 per-cent), GAIL IndiaBSE -2.72 % (down 1.4 per cent), and Maruti SuzukiBSE -1.42 % (down 1.1 per-cent) were the major Sensex gainers.

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Bank nifty futures was at 7,373, Sun Pharma, HDFC gainers

Bank nifty futures tips

Today, 30-share index was trading at 24,284, down 254 points or 1.04 per-cent. It reached a high of 24,393.77 and a low of 24,263.65 in morning trade.

The Nifty-50 was at 7,373 down 82 points or 1.1 per cent. It touched a high of 7,392.55 and a low of 7,370.60 in the first 30 minutes of trade.

The S&P BSE Midcap Index went down 1.53 per-cent and BSE S&P Smallcap Index was trading 1.54 per-cent lower.

Major Sensex gainers - Sun Pharma (up 1.5 per cent), HUL (up 1.2 per-cent), and HDFC (up 0.02 per-cent).

BHEL (down 2.7 per-cent), SBI (down 2.5 per-cent), ICICI Bank (down 2.4 per-cent), ONGC (down 2.2 per-cent), and Tata Steel (down 2.1 per-cent) were the Sensex losers.

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Gold strikes 3-month high on world economy 2 Feb, 2016

Today, Gold edged to a 3-month high as weak global manufacturing activity underscored the challenges for the world wide economy, forcing investors towards secure-haven assets.Click for Commodity tips

Increased volatility in other assets has benefitted gold and it could see more gains as world central banks may be coerced into easing monetary policy further this year to spur growth.

With rates close to zero, the "only option is to move either towards zero or negative rates as the Japanese and selected European countries are already doing in a desperate attempt to force banks to lend", INTL FCStone analyst Edward Meir wrote to clients.

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Shares : Apple reported weakest iPhone sales since 2007

Share tips & updates : Company has told in reports that, this is the weakest sales ever of its market-leading iPhone, after years of rocketing growth, but the tech giant still disclosed record quarterly profit.

Total income for the quarter ending Dec 26 was two per-cent high than the same period a year ago at 18.4 billion USD, while revenue of USD 75.9 billion set another record for the company, also edging up two per-cent.

The results were largely in line with hopes that iPhones sales, the driver of two-thirds of Apple revenue -- had peaked & that of the company would need to find new ways of growth. Apple shares have slid 20 per-cent since previous year on these concerns.

But in after-market trade yesterday the stock was down a modest 0.7 per-cent at 99.30 USD. Our team delivered Apple's largest quarter ever, thanks to the world's most innovative products and all-time record sales of iPhone,  Apple TV & Apple Watch, Tim Cook told in reports.

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Nifty futures tips : Sell Dish tv below 85.50

Nifty futures tips :

SELL DISH TV BELOW 85.50 TGTS 84.50/83.50 SL 86.50

DISH TV SELL CALL HIT 1ST TGT 84.50 BOOK PART PROFIT Rs 5000 IN SINGLE LOT 

Options Trading Tips :

Options :  BUY DLF 95 CALL ABOVE 1 TGTS 1.60/2.55 SL 0.50

Options :DLF 95 CALL HIT 1ST TGT 1.60 CMP 1.70 BOOK PART PROFIT

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Mcx crude tips : Prices of Oil slides to weakest since 2003 18 Jan

Mcx crude tips : Oil prices strikes today their lowest since 2003 , as the market braced for a jump in Iranian exports after the lifting of sanctions against the country during the weekend.

Iran is ready to increase its crude exports by 500,000 bpd, its deputy oil minister told on yesterday.

U.S. crude went down by 27 cents at $29.15 a barrel, after striking a 2003-low of $28.36 earlier in the session.

The prices of crude oil price rout is also hurting stock markets, with Asian shares set to decline to near their 2011 troughs today, stoking further worries about a world wide economic downturn.

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Tata Steel : Going to cut 1,050 jobs in Britain Country 18 Jan, 2016

Share tips : The largest steelmaker in Britain i.e; "Tata Steel", will axe 1,050 jobs in the country, Sky News reported on yesterday, on top of the 1,170 cuts it declared previous year due to low steel prices. The steelmaker said in Oct it could cut 900 jobs in Scunthorpe in Northern England & 270 in Scotland. On yesterday, Sky News reported the firm would cut 750 jobs at its Port Talbot plant in Wales and 300 at other British sites.

English steelmakers pay few of the largest energy costs & the green taxes in the world and are also fighting to compete with record Chinese steel imports. Tata Steel did not immediately respond to a request for comment when contacted by Reuters. Sky News told the company would declare the cuts today.

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Nifty futures down 10 pts, Sensex down 20 pts 18 Jan, 2016

 

Today's Nifty futures tips  : Sensex was trading near 24,434, down 20 points or 0.08 per cent. It touched a high of 24,524.85 and a low of 24,348.80 in morning trade. While the Nifty-50 was trading around 7,428 down 10 pts or 0.12 per-cent. It reached a high of 7,463.65 & a low of 7,405.80 in the first 30 mins of trading session.

The S&P BSE Midcap Index went down 1.43 per-cent & the BSE S&P Smallcap Index was trading 2.1 per-cent lower.

The major Sensex gainers were - NTPC (up 1.2 per-cent), Coal India (up 1 per-cent), Infosys (up 0.93 per-cent), Sun Pharma (up 0.74 per cent), & the RIL (up 0.63 per cent).

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