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SURE SHOT CALLS

Tuesday 2 January 2018

Sensex, Nifty close flat; Bharti Airtel, SBI major losers, Tomorrow Stock Tips

Sensex down Nifty up
Key indices ended almost flat on Tuesday after a volatile trading session since caution prevailed ahead of corporate results expected to release this month, while oil retailers such as HPCL fell after crude prices strengthened. BSE Sensex closed little changed at 33,812.26, down 0.49 point, while the NSE Nifty 50 ended at 10,442.20, up 6.65 points, or 0.06 percent. 

Engineering & construction major Larsen and Toubra (L&T) fell 0.88 percent after the company announced today, that its construction arm, L&T Construction, bagged orders worth Rs 1,454 crore. 

State-run Coal India Ltd rose 1.35 percent as it announced that on provisional basis, the company and its subsidiary arm achieved production of 93% of targeted production at 54.63 million tonnes in Dec 2017. 

Most auto stocks rose. Mahindra & Mahindra (M&M) gained 1.23% after the company reported that total tractor sales rose 30 percent to 18,288 units in Dec 2017. However shares of Maruti Suzuki India, Eicher Motors and Escorts declined.
Top Sensex gainers include Tata Motors, ONGC, Coal India, NTPC and IndusInd Bank while the major losers were Bharti Airtel, State Bank of India, L&T, Maruti Suzuki and Adani Ports.

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