The indices registered small gains in a range-bound trade on Tuesday with Positive global cues lifting investors' spirit. Sustained foreign fund inflows and bets by investors with hopes over Quarter-3 FY18 earnings and upcoming budget helped the key indices to hit its respective highs.
The BSE Sensex closed higher by 90.40 pts to 34,443.19, while the NSE Nifty rose 13.40 pts to close at 10,637.
Shares of state-run iron ore miner NMDC Limited plunged nearly 5 percent on Tuesday as the govt started the disinvestment at a discount of 5 percent which led the company to lost about Rs 2300 crore in the M-cap.
Metal & mining stocks dropped which include shares of Jindal Steel & Power, Hindustan Copper, Hindalco Industries, Vedanta, JSW Steel, Nalco, SAIL India and Hindustan while Tata Steel edged higher.
Coal India shares advanced 5.54 percent at Rs 303.80 after the company approved revision of non-coking coal prices effective from today, 9 Jan 2018.
SBI was down 0.51% at Rs 304.10 after bank to consider approval for issuance of long-term bonds of Rs 5,000 crore.
Top Winners & Losers: Coal India, Yes Bank, ITC and Wipro were among the top gainers in the trade while Eicher Motors, Bajaj Auto, BHEL, Bharti Airtel, and Zee Entertainment among the laggards.
Tomorrow Best Stocks Recommendation- 10 Jan 2018
BUY KANORICHEM ABOVE 109.5 TARGETS 111, 112.5, 114 STOPLOSS- 106.5
BUY QUICKHEAL ABOVE 385 TARGETS 388, 391, 394 STOPLOSS- 379.0
Get More Best Stocks Recommendation Tomorrow and Sure Shot Trading Calls >>>> CLICK HERE
0 comments:
Post a Comment