In fiscal year 2015 fourth quarter ONGC profit decreased 19.5% to Rs 3935 crore and sales increased 1.6% to Rs 21647.5 crore. In 2014 quarter the profit of compnay was Rs 4889 crore. The Company EBITDA decreased 17.1% and Margin is 35.2%. Hindalco profit Q4 decreased 36% to Rs 159.5 crore and Income increased 11.1% […]
Markets ended the session on a mixed note, amid choppy trades, as investors turned cautious ahead of May F&O expiry due on Thursday. Disappointing earnings from Tata Motors and Tech Mahindra were a major drag on the markets. However, buying demand among financials and oil shares limited the losses to a great extent. Meanwhile, the […]
SENSEX and Nifty are Red, in sectoral index all index are trading down except Pharma. Weak global cues impact on Indian Stock Market. Nifty traded near 8300 down 0.30% and SENSEX decline 0.19% at 27481.55. Today market eyed on Q4 Results of GAIL and BATA. In fourth quarter of fiscal year 2015 Thermax profit increased […]
Indian market started weak in between mixed global cues. SENSEX and Nifty fell 0.2%, midcap and smallcap shares are traded with slight gain. Media and Energy stocks down, Metal and PSU shares gained. Today Stock Future Ashok Leyland May future Buy above 69.30 target 70.60 stop loss 67.90. JSW steel May future Sell below 908.48 […]
Week’s first day started with weakness, SENSEX and Nifty slipped more than 0.25%. Midcap and Smallcap shares are looking down, CNX midcap index declined more than 0.1%.
FMCG, Metal, Consumer durables, Auto and Banking shares are in selling trend. BSE FMCG index has broken down nearly 1.25%, Bank Nifty came at 18370 down 0.5%. Slight buying has seen in IT and Pharma shares.
ITC shares are trading negative, Credit Suisse has sustained on under perform rating on ITC and reduced target of share from Rs 320 to Rs 310. We Advice to Sell ITC LTD May Future below Rs 321.36 Target Rs 311.43 stop loss Rs 327.86.
SBI shares are traded with slight gain Credit Suisse has sustained on neutral rating of this stock. We advice to Buy SBI May Future above 278.03 Target Rs 286.53 stop loss Rs 274.71.
CEAT quarterly earnings raised 50.5% to Rs 93.9 crore on YOY basis and income increased 2% to Rs 1482 crore on YOY basis. Buy CEAT above 797.68 Target Rs 807.11 and stop loss Rs 785.36.
Mphasis profit increased 9.7% to Rs 177.7 crore in Q4 on QOQ basis. We advice to Buy Mphasis above 386.10 Target Rs 398.40 stop loss Rs 372.60.
From 22 June Lupin will be included on SENSEX and Tata Power will out.
Sell Tata Power May Future below 74.90 Target 77.20 stop loss
Buy Lupin May Future above Rs 1767 Target Rs 1778.53 stop loss Rs 1757.
Aurbindo pharma and Tata Motors DVR shares will included in S&P 100 index, while Adani Power will out from 22 June.
Buy Auro Pharma May Future above Rs 1366 Target Rs 1386.36 stop loss Rs 1353.58.
Sell Tata Motors DVR May Future below Rs 312.38 Target Rs 304.23 stop loss Rs 315.36.
Sell Adani Power May Future below Rs 40.58 Target Rs 39.61 stop loss Rs 41.71.
Buy BPCL May Future above Rs 798.23 Target Rs 820.33 stop loss Rs 790.11.
All these questions answered by our expert. Do not expect much better from FMCG stocks, although Britannia margins are good, Positive on Britannia, but neutral outlook on ITC and HUL. Long term investors should sell Voltas at current level.
Considerable control has undergone in NPA after appointment of new chairperson in SBI. Due to better growth and control over NPA, SBI shares looks good. As long as crude oil prices remain at $ 60-70, while ONGC would not benefit.
Today market eyed on major banking sector company SBI, it is expected SBI profit and income from interest may increased in Q4.
Stock Future Tips
Sell RCOM May Future below 64.58 target 63.11 stop loss 65.63.
Buy L&T Finance May Future above 65.11 target 68.46 stop loss 63.