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Thursday, 16 June 2016

Stock Market on 17th June Can go up with respect to yesterdays slump.

Technically, level of 8,050 remains a significant support level and a break below this level could garner further weakness. The level of 8,350 looks to be the top end of this range.

5 stocks you can keep watch on.....

Alstom T&D India: The company said that market regulator Sebi has allowed it to sell 42,565 shares to maintain the minimum public shareholding requirement. 

Sugar stocks: Government on Thursday imposed 20 percent customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg. 

GMR Infrastructure: GMR is veering towards selling a big stake in its Hyderabad airport. few global investors to whom GMR is talking - Apollo Global Management, KKR, Canadian pension assets manager PSP Investments and Abu Dhabi Investment Authority (ADIA) - valuing the GMR Hyderabad International Airport at about $800 million (Rs 5,000 crore), 

Sharon Bio-Medicine Ltd: The company informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2016, inter alia, to consider and discuss the overall financial viability of the Company. t

HDFC: HDFC Life and Max Life are in talks to create the country's biggest private life insurer as stiff competition and regulatory hurdles force firms to find new ways of growing market share and profitability 

Market Opens in Green, rallies near by 200 pts.

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