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SURE SHOT CALLS

Monday 9 July 2018

Sensex ends at Five-Month High, led by Reliance, Infosys

Key indices logged strong gains in a steady trading session of trade, this Monday, driven by upbeat global stocks boosting investors’ sentiment. 

The BSE Sensex advanced 276.86 points at 35,934.72. The NSE Nifty 50 gained 80.25 points at 10,852.90. Shares of index heavyweight Reliance Industries Limited gained, while shares of Tata Consultancy Services (TCS) dropped. 

Investors shifted attention to June quarter earnings which started today with Dish TV India Ltd and Uttam Galva Steels. 

Asian Paints, Yes Bank, Dr. Reddy’s, Vedanta, HCL Tech led the rally for Nifty in today's session, while Ultratech Cement, TCS, Titan, HDFC and HetroMotor Corp fall. 

Shares of Reliance Industries gained 1.96% to Rs 995.65 whereas TCS dropped 1.34 percent to Rs 1,887.65. Tata Motors share advanced rose 0.81 percent at Rs. 273.35 after its JLR unit reported total retail sales of 52,049 vehicles in June 2018, up 0.9 percent on Year-on-Year basis. 

Shares of Bharat Forge advanced 2.72 percent at Rs, 650.50 after Deutsche Bank maintained its Buy call on the stock with a target price at Rs 830.

Stock Tips For Tomorrow

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