Thursday, 26 May 2016

Today's Stock Cash Tips News

MarketMagnify Provide you Stock Cash Tips with more than 90% accuracy which drives to profit. Call are give for NSE and BSE Stock Cash Traders.

Market Outlook:-
Equity benchmarks started off Thursday's trade on a positive note, continuing upside for third consecutive session. The Sensex rose 138.25 points to 26019.42 and the Nifty climbed 31.55 points to 7966.45. 

L&T shares rallied 9 percent in early trade as brokerages turned bullish on the stock after better-than-expected earnings in January-March quarter. Citi has upgraded the stock to buy from neutral and target price raised to Rs 1,640 from Rs 1,230 apiece.

Tata Steel fell nearly a percent after reporting a loss of Rs 3,279 crore in Q4.

The rupee weakened initially but recovered on the back of a bounce back in stock markets and large custodial inflows.

Oil prices gained in the US session after US government data showed a larger-than-expected drop in crude inventories. 

Shares of VRL Logistics today plunged by over 12 percent on BSE amid worries over its promoters' proposed investment in regional airline venture and its impact on the firm's balancesheet. Yesterday, the stock tumbled by 18 percent.

1 comment:

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