Daily Archives: Thursday November 1st, 2018

Sensex down 10 points in early trade


Mumbai- The stock market is closed flat on Thursday. Due to heavy selling of shares with information technology-pharma shares, the Sensex closed 10 points down at 34,432 at the end of the business. The Nifty closed 6 points down at 10,380 level. More than 1600 shares are on the BSE.

In mid-cap and smallcaps, compared to the lot of caps, shopping was seen. BSE’s Mid-cap Index was up 1.10 per cent to close at 14,773 level, while the Nifty Midcap Index gained 0.87 per cent. BSE’s Smallcap index rose by 1.09 percent.

Yes Bank, Axis Bank, IndusInd Bank, L & T, SBI, Maruti, ONGC, Bharti Airtel and Tata Motors have increased. However, there is a decline in Infosys, Coal India, Sun Pharma, M & M, Asian Paints, ITC, Kotak Bank, ICICI Bank, Wipro, HDFC, Reliance, HUL, TCS and HDFC Bank.

Nifty 7 out of 11 indices closed in green mark. The Nifty Bank index closed at a level of 25,323.65 with a surge of 0.68 percent. The fastest Nifty Realty Index recorded 2.77 percent. Apart from this, Nifty Financial Services Index gained 0.42 per cent, Metal Index rose by 1.26 per cent, PSU Bank Index rose 0.86 per cent, Private Bank 0.76 per cent. On the other hand, Nifty IT index declined 2.13 percent, Pharma index 1.52 percent, FMCG index 0.67 percent and Auto index 0.07 percent.

Yas Bank (8.35 per cent), Axis Bank (3.51 per cent), IndusInd Bank (2.84 per cent) and L & T (2.65 per cent) were the gainers in the giants. However, there is pressure on the market due to weakness in Infosys, ITC, Kotak Bank, HUL, ICICI Bank, HDFC, Reliance, TCS and HDFC Bank.

Rs 6 lakh crore decreased in October

Sensex ends down

Mumbai: This month, the impact of the decline in the market is showing on the properties of investors. Market capitalization of total listed companies has decreased by Rs 6 lakh crore this month. Although this week, on Tuesday and Wednesday, the Sensex rose by 1,200 points, there has been a slight increase in these properties.

Figures show that the Bombay Stock Exchange (BSE) Sensex has dropped 1,800 points or 4.93 per cent in this month, while the Nifty-50 index dropped 544 points. After the year 2009, it has been the worst moment for the month of October. The S & P BSE Sensex dropped 25 percent in 2008, compared to 7.2 percent in the year 2009.

Indeed weak macro, domestic currency fluctuations, liquidity in NBFCs, slowdown in Indian companies’ recession, continuous selling by foreign investors have been the issues which have affected the market. However, after reaching the lower level on October 26, Nifty and Sensex have bounced back and it has come to the old level.

The market capitalization of BSE listed companies was Rs 144.86 lakh crore at the end of September, which has come down to Rs 138 lakh crore at the end of October. In this way, a deficit of Rs 6 lakh crore has come in. 298 companies of S & P BSE 500 have given negative returns during this period. Out of this 18 companies have fallen 20-60% in one month.

Of these major companies, 65% in Camilles, quality ltd. 51 per cent, Infibeam 45 per cent, J Kumar Infra 39 per cent, Bombay Dyeing 37 per cent, Dilip Barken 34 per cent, Bond Bank 30 per cent drop. However, analysts of the market believe that if there is good stock and there is a decline in it then it can be bought and can get better returns in it. It consists of mid-cap, small-cap and large-cap stocks. In the next two to three years, these stocks can get a very good return.

45 lakh crore increase in shares of companies in 5 years


Mumbai- 23th Wealth Creation Report of the leading brokerage house Motilal Oswal has been released. In this report, investors have been told to make money. In addition, the report also mentions the shares that have been making property in the last 5 years.

Talking about this, where the property will be built further, in which sector, the strong returns, said Ramdev Agarwal, co-founder of Motilal Oswal Financial Services, said that between 2013-18, the companies that make the property are worth about 45 lakh crore rupees . HDFC Bank has been the biggest asset-maker in 5 years. Indiabulls Venture has made the fastest money. Between 2013-18, TVS Motor is a bigger company than the middle level. Between 2013-18, 16 companies have become a bigger company than middle level.

According to the Wealth Creation Report of Motilal Oswal, among the 5 year’s largest property maker, the names of Reliance Industries, TCS, Maruti Suzuki, HUL, HDFC, Kotak Mahindra Bank, IOC, L & T and Bajaj Finance are among the names of HDFC Bank. At the same time, among the fastest asset building companies in 5 years, Indiabulls Venture is in addition to Dalmia India, TVS Motor, HEG, Sterlite Tech, Motilal Oswal, IIFL Holding, NBCC and Eicher Motors. The good money that has been made since 2013 has included Titan, Godrej Consumer, Mr. Cement, Pidilite, Maruti Suzuki, Marico, Asian Paints, HDFC Bank, Kotak Mahindra Bank and Dabur.

L&T can get better returns in stock

stock market news

Mumbai: After the best financial results of Larsen & Toubro in the second quarter, global brokerage houses JP Morgan, Macquarie, has increased its target. These brokerage houses believe that the company’s results have been better than the estimates.

L & T has offered a net profit of Rs 2,230 crore in the second quarter, which is 23 per cent higher than the previous quarter’s profit of Rs 1,820 crore. Macquarie has made its target of Rs 1,880, in which 45 percent returns are expected. At present, its price is Rs 1,298. JP Morgan has set a target of Rs 1,570 Macquarie has advised to buy HEG shares at the target of Rs 5,823. This stock has increased three times in the last one year. In December 2017 it had a price of Rs 1,570, which is now trading at Rs 4,450.

HDFC Securities has advised the purchase of TeamLease Services at the target of Rs 3,260 while its present value is Rs 2,570. Similarly, it has advised the Division Lab to buy it at the target of Rs 1,345 and its present value is Rs 1,486. It has recommended the shares of Cholamandalam Investment and Finance at the target of Rs. 1,553 and its value is Rs. 1,270.