Stock Market Tips For Tomorrow

Stock Market Tips For Tomorrow

 

 Market Updates

   Sensex rises 171pts, Nifty ends above 7800; F&O expiry eyed

 
Equity benchmarks fell 1 percent in morning trade on weakness in Asian peers after weak 

Chinese data, but positive European cues helped Indian equities rebound sharply in 

afternoon trade.

The market managed to see recovery in later part of the session on Wednesday ahead of 

expiry of Nifty September derivative contracts. Equity benchmarks fell 1 percent in morning

 trade on weakness in Asian peers after weak Chinese data, but positive European cues

 helped Indian equities rebound sharply. 

The 30-share BSE Sensex rose 171.15 points or 0.67 percent to 25822.99 and the 50-share 

NSE Nifty climbed 33.95 points or 0.43 percent to 7845.95. The broader markets too gained 

in line with benchmarks; the BSE Midcap and Smallcap indices advanced 0.5 percent and 

0.7 percent, respectively.

Experts said they expect rangebound trade to continue in near term but they feel there are lot

 of opportunities for investment post recent correction.

Stock Focus For Tomorrow :

Here is a list of fourteen stocks which are likely to remain in focus:

Tech Mahindra Ltd: The North American divisions of AAA Group, and Tech MahindraBSE -0.29 %, an Indian multinational specialized in digital transformation, have signed an agreement to provide full end-to-end solution services to their aerospace and defence customers, said media reports.

L&T Ltd: L&T Halol Shamlaji Tollway, a 100% special purpose vehicle promoted by L&T Infrastructure Development Project, has defaulted on Rs 1014 crore payment to lenders which was due in August due to cash shortage due to low toll collections.

Amtek Auto Ltd: Automobile parts maker Amtek AutoBSE -3.05 % said it is in advanced discussions with various banks and financial institutions for realignment of its debt obligations.

Pfizer Ltd: Drug giant PfizerBSE -2.34 % is starting 20 clinical trials this year and more soon after on treatments to conquer cancer as it also seeks to gain leadership in one of the hottest, and most lucrative, areas of medicine.

UltraTech Cement Ltd: Aditya Birla Group flagship firm UltraTech CementBSE -0.98 % said it has commissioned its grinding unit with a capacity of 1.6 million tonnes per annum (MTPA) in Jhajjar, Haryana.