Latest News Site

News

Actionable: Buy Infosys, United Spirits, KEC International, ICICI Bank

Actionable: Buy Infosys, United Spirits, KEC International, ICICI Bank
July 15
05:24 2019
Vikash Sahay

Vikash Sahay

From Advisory Desk : Vikash Sahay

15– July : Market Outlook : US markets rallied on Friday on hopes of interest rate cut this week . Asian markets are trading flat ahead of Chinese GDP data to be announced today.

Motilal Oswal

Corporate results over the weekend were ahead of expectation led by Infosys and D-Mart. Monsoons have progressed well and currently are at 12% deficit. Market will continue to trade in the band of 11400 to 11700. Outlook for the market is sideways to Positive.

Actionable: Buy Infosys, United Spirits, KEC International, ICICI Bank

Government is coming out with CPSE ETF FFO on 19th July for Non Anchor segment. Government to give discount of 3 % to all investors.

Results today : Bajaj Consumers ltd .

Global market:
DOW: +244
SGX NIFTY: +22
NIFTY 50: 11552
Sensex : 38736

Institution:
FII: -850 Cr
DII: +940 Cr

Currency:
Dollar: 68.68

Commodity:
Gold: $ 1414 per ounce
Crude: $ 66.52 per barrel

Bonds:
10 year US bond rate: 2.12 percent
10 year Indian Bond rate: 6.48 percent

Updates :

Infosys- Revenue Inline and margins above market expectation. Larger deal wins also stronger . increased guidance for the year. Expect up move in the stock.

Avenue Supermarket (Dmart) – Results ahead of market expectation. Both revenue and margins beat the expectation.

IndusInd Bank – Operational Numbers In line with market expectation.

DHFL – Reported loss of 2200 crores. Negative for the stock.

Derivative View – VIX closed at 12.39. Put writing at 11500 then 11400 strike while Call writing is seen at 11600 then 11700 strike. Option data suggests a trading range in between 11400 to 11700 zone.

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 Ultra tech , Bharti Airtel Ltd , HDFC 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

    भारतीय एवं विश्व इतिहास में 09 दिसंबर की प्रमुख घटनाएं

भारतीय एवं विश्व इतिहास में 09 दिसंबर की प्रमुख घटनाएं

Read Full Article