Latest News Site

News

Actionable: Buy Reliance Industries, Voltas & Tata Global.

Actionable: Buy Reliance Industries, Voltas & Tata Global.
November 15
05:13 2019

From Advisory Desk : VIkash Sahay

15th November 2019

Market Outlook: US market recovered by 100 points from intraday low after US president stated that the talks with China is progressing “VERY RAPIDLY”, and closed flat. Due to US intraday recovery, Asian markets opened half a percent stronger. SGX Nifty was trading up by 29 points, when reported. We expect the Nifty to take support at 11750, before making new attempt to cross life time high.

Motilal Oswal

Update on Telecom sector: Vodafone-Idea and Airtel post Rs74000cr loss in Q2 on account of AGR provision. Vodafone-Idea sets aside Rs 26000cr towards AGR dues and Bharti Airtel has made a provisions of Rs 28000cr

Actionable: Buy Reliance Industries, Voltas & Tata Global.

Results Announcement:

Above Estimate: Bharti Airtel & Glenmark Pharma
In line with Estimate: ONGC, Page Industries, Apollo Hospital and CESC
Below estimate: Grasim Industries

Global market:
DOW: -1
SGX NIFTY: +29 (prev.close 11887)
NIFTY 50 : 11872
Sensex : 40286

Institution:
FII: -562 Cr
DII: +83 Cr

Currency:
Dollar: $ 71.96

Commodity:
Gold: $1468 per ounce
Crude: $62.58 per barrel

Bonds:
10 year US bond rate: 1.82
10 year Indian Bond rate: 6.52

Update:

L&T Finance – L&T Capital has sold its Dubai Wealth Management business In Card Capital – Positive for L&T Finance to exit non-core business.

Cipla – US FDA inspected ended with 4 observation while no observation repeat or related to data integrity. – Avoid Cipla.

Derivative View -VIX closed at 15.65. Max Put OI is at 11700 then 11600 strike while Max Call OI is at 11900 then 12000 strike. Option data suggests a broader trading range in between 11700 to 12000.

Vikash Ranjan Sahay, Founder & CEO , Value Management Solution P Ltd, (Exclusive Business Partner of MotiLal Oswal)

Mr. Vikash Sahay can be contacted at +91 9471133334

Actionable: Buy Dabur, Ultratech Cement & ICICI Bank

Annie’s Closet
TBZ
G.E.L Shop Association
Novelty Fashion Mall
Status
Akash
Swastik Tiles
Reshika Boutique
Paul Opticals
Metro Glass
Krsna Restaurant
Motilal Oswal
Chotanagpur Handloom
Kamalia Sales
Home Essentials
Raymond

About Author

admin_news

admin_news

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Only registered users can comment.

Sponsored Ad

SPONSORED ADS SPONSORED ADS SPONSORED ADS SPONSORED ADS SPONSORED ADS SPONSORED ADS

LATEST ARTICLES

    ‘Pati, Patni Aur Woh’ surpasses ‘Panipat’ collections on day 1

‘Pati, Patni Aur Woh’ surpasses ‘Panipat’ collections on day 1

Read Full Article