Monday, May 11, 2015

MARKET UPDATE FOR 11 MAY 2015

CALLS GIVEN ON 8 MAY 2015
TATAMOTOR CALL ROCKS..!!!!! ACHIEVED TGT 525 AND MADE A HIGH OF 531
AXISBANK CALL  HIT THE TGT 552 MADE A HIGH OF 554.85
CALLS FOR 12 MAY 2015
FUTURE:
"BUY SUNPHARMA ABOVE 969 TGT 985.00 SL 949.00"
"BUY APOLLOTYRE ABOVE 173.50 TGT 179.00 SL 168.00"

MARKET SUMMARY FOR TODAY
 The Nifty closes at 8325 up 133 points or 1.63%. Sensex closed at 27507, up 402  points or 1.48 %. up 133.75 points or 1.63 percent. HDFC, State Bank of India, Infosys, ICICI Bank, Tata Motors and Sun Pharma were among the major contributors to the rally. SBI and Vedanta up over 5 % while Hero, Tata Motors and Tata Steel were lead gainers while HUL, ITC, Wipro and Bharti Airtel were losers .
TODAY RESULT
Bank of baroda rising 17 percent. Because of improvement in asset quality was better .but Bank of Baroda ’s net profit fell 48%  to Rs 598 crore in the March quarter from Rs 1157 crore in the corresponding quarter last fiscal. fall in profit is due to increase in non-performing loan (NPLs) provisionmainly due to higher restructuring.Top gainers and losers are
                                 
                           Top gainers
Company
Price
% Gain
Bank of Baroda
169.70
16.00
Vedanta
230.30
5.00
SBI
276.05
5.00
UltraTechCement
2,823.80
4.00
Hero Motocorp
2,384.25
3.00
Top losers
Company
Price
% Loss
HUL
864.70
-3.00
ITC
326.45
-0.47
Bharti Airtel
396.20
-0.44
Lupin
1,769.90
-0.03

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