Stock Tips Tomorrow- Weekend show; What to Next

Stock Tips Tomorrow, Money Maker Research, Financial Services, daily equity report, equity tips, Intraday trading tips, free stock trading tips, market closing report, stock market prediction, Day trading tips, Live Nifty Chart, Today's Equity Tips, equity tips free trial, Intraday Equity Tips, equity intraday calls, stock tips tomorrow, Stock Tips for Tomorrow, free intraday tips indian share market, Top Stock Advisory In Indore, Best Equity Intraday Call, Stock Future CallThe Sensex, Nifty jumped into positive terrain on Friday in a largely range-bound session of trade. The BSE Sensex rose 30.68 points or 0.10% at 32,272.61, while the Nifty50 index fell 1.20 points or 0.01% at 10,085.40, as per closing data. Market sentiment was lackluster amid geopolitical worries in the wake of North Korea’s missile launch in the direction of the east of Japan.

The breadth, showing the overall health of the market, was negative. On the BSE, 1,467 shares fell and 1,101 shares rose and a total of 157 shares were unchanged. The total turnover on BSE figured to Rs 4,314.52 crore, higher than turnover of Rs 3,427.26 crore clocked during the previous trading session. ONGC, Bajaj Auto, Coal India were major gainers, while BHEL, Dr Reddy’s Labs, NTPC and IndusInd Bank were losing sheen.

Future Prospects: To look ahead, the Indian economy is still coming out of the hit following the demonetization drive. GST regime also hurt earnings of many companies due to lack of clearness about the said tax system. However, it is expected that earnings should pick up drive once there is clarity about tax.

Further, the festive season leads to a growth in sales and helps earnings growth of many companies. The anticipated sales growth and verticals are expected to push the markets higher. A strong rupee and global liquidity will also generate more room for the Indian stock market to rise up.

Get Two Days Free Trial click here

 

Leave a Reply

Your email address will not be published. Required fields are marked *