Free Equity Trading Tips For Higher Profits


Market Snippet

Benchmark indices traded bullish on the last trading session of the Jan F&O expiry supported by banking and financial stocks ahead of quaterly result and federal budget of 2017 to be presented in parliamnet next week. The positive roll over to next Feb F&O series also helped the market to susutain the gains through out the session. Nifty setteled at 8613.00

The banking stocks were the major gainers of the day while IT and Pharma stocks were the losers for the day.



Global Markets Update

Mattel Inc the largest U.S. toymaker, reported holiday quarter sales and profit that fell far short of analysts’ estimates, hurt by weak demand for its Barbie dolls and Fisher Price toys.

U.S. share indexes rose to records on Wednesday with the Dow Jones Industrial Average hitting 20,000 for the first time as strong earnings and President Donald Trump’s pro-growth initiatives reignited a post-election rally.



Maruti Suzuki posted strong Q3 numbers as net profit jumps 47 percent to Rs 1744 crore driven by other income and partly by operational & revenue growth. Net sales (excluding excise duty and other operating income) up 12.4% to Rs 16623.6 crore while total income up by 13% to Rs 19173.1 crore.

Kotak Mahindra posted its profit on standalone basis shot up 38.6 percent which stood at Rs 880 crore driven by revenue, other income, operating profit and lower provisions. Asset quality improvement and strong earnings lifted stock price nearly 8 percent intraday.

GAIL shares gains as approved issuance of one bonus share for every three held and an interim dividend of 85 percent to shore up government revenues.

Arvind Ltd gains despite posted a 16.40 percent decline in consolidated net profit to Rs 75.62 crore for Q3 on account of demonetisation and higher expense.

Ashok Leyland posted 13 percent decline in its Q3 net profit which stood at Rs 185.88 crore. Total income from operations during the period stood at Rs 4,723.58 crore from Rs 4,366.35 crore for the same quarter last year.

(Click to submit your details) Just one step to get best trading tips and Recommendation.


Leave a Reply