Showing posts with label Foreign Investment. Show all posts
Showing posts with label Foreign Investment. Show all posts

Tuesday, 26 April 2016

Tuesday Morning News with Hot Stock Updates

After a poor opening on Monday, the Stock Market weakened more on Tuesday Morning Session and slipped down a bit. Although, the market loss is comparatively null, but it's still affecting company shares. Currently, Sensex Live at 25628.74 with the drop of 50.19 points and Nifty Live at 7846.05 with the loss of 9 points. In S&P BSE Sectors, IT, Metals, Oil & Gas, Psu, Small Cap Mid Cap and Nifty Midcap 100 are up in the market, while Auto, Bankex, Bank Nifty, Capital Goods, Consumer Durables, Fmcg and Healthcare sectors are down in the market. Along with the India, few other Asian Indexes have also received minor losses. 
According to latest updates, there are major chances to ban Foreign Investment in Tobacco Sector. At present, foreigners are only allowed to invest in marketing, branding and frenchaysi but banned to invest in cigarette manufacturing. Engineer India has agreed with Bangladesh Petrolium to avail the PMC Services. Prism Cement has collected 111 crore rupees after selling its 23% stakes from QBE Insurance and currently trading with the hike of 1.50%.

Thursday, 10 March 2016

Thursday Market Hot Stock News

Reserve Bank of India has removed the name of Kotak Mahindra Bank from Foreign Investment ban list. Higher movements are expected today from Kotak Mahindra Stock. Due to the hearing of call drop case in Supreme court the stocks of Bharti Airtel, Reliance Communications and Idea Cellular seems very active today. However, all these stocks are already moving in negative zone. 
The Cabinet Committee of Economic Affairs will give declaration on the increment Natural Gas prices. This increment will definitely affect the ONGC Stock. Dalmia Bharat has allotted 75 lakh shares to KKR. After this announcement the stock of Dalmia Bharat took a big jump and currently moving up with the hike of 4.03%. Expert Advice to 

Buy Dalmia Bharat above: 763.14 Targets: 769.67 - 776.62 - 783.6 Stoploss : 756.25