Indian Stock Market Tips For Long Term

Sensex, Nifty flat ahead of RBI policy; Hero down, Idea slips 4%. For more information visit www.marketmagnify.com/freetrial.php & give missed call @ 78-79-88-11-22.

• Lupin, Tata Motors, ONGC, M&M and Coal India are top gainers while Bajaj Auto, TCS, Hero MotoCorp, Reliance and Infosys are losers in the Sensex. Idea is down 4 percent post Q1 results.
• The market has opened flat as investors prepare for Raghuram Rajan's last monetary policy review in few hours. The Sensex is down 11.07 points at 28171.50, and the Nifty is down 6.70 points at 8704.65. About 508 shares have advanced, 327 shares declined, and 40 shares are unchanged.
• The Indian rupee opened flat at 66.84 per dollar versus previous close 66.84.
• Skipper Ltd Q1 net jumps 37% to Rs 13.72 crore. Kolkata-based Skipper today reported a 36.9 per cent rise in net profit at Rs 13.72 crore for the quarter ended June 30, mainly on improved sales.

Here are Top Stocks Whose Valuations are Rich Today

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Give a missed call @ 78-79-88-11-22

Motherson Sumi
The stock of key supplier of auto components to European car maker is trading at 21.64 times its FY18 projected earnings, 33% premium to its 10-year average PE. Interestingly, stocks of its customers do not portray encouraging picture, and they trade in low single digits.

TVS Motor
The stock has been trading at 18x FY18 projected profit, which is 15-20% premium to its peers. The valuation seems to be pricing in the success of its 100 cc bike, Victor and its guidance of 10% operating margin for FY18 , which looks too optimistic given the current margin level of under 7%.

Voltas
It is currently trading at 22.5x FY18E earnings (trading above one standard deviation) given the headwinds in the AC business. The competitive intensity is reflected from the fact that Lloyd Electric's market share almost doubled to 13% in FY16.

BHEL

The stock's P/E based on FY18 projected earnings is at 26% premium to its 10-year average at a time when improvement in demand looks difficult in the near term.

Havells India
The stock attracts P/E of 33.7 based on FY18 projected earnings which is similar to the average valuation of domestic consumer-centric companies, although only two-third of its business is consumer facing.

Indian Stock Market Live News

Sensex gains over 100 pts, Nifty firm; Reliance up 2%

Asian Paints, Reliance, Axis Bank, Bajaj Auto and Infosys are top gainers while NTPC and ONGC aee losers in the Sensex. For more information visit www.marketmagnify.com/freetrial.php & give a missed call @ 78-79-88-11-22.

      The market has opened higher on Monday. The Sensex is up 118.21 points or 0.4 percent at 27954.71 and the Nifty is up 22.65 points or 0.3 percent at 8564.05. About 186 shares have advanced, 47 shares declined, and 22 shares are unchanged.
           Sun Pharma Advanced Research Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 29, 2016, inter alia, to consider and take on record, the un-audited financial results of the Company for the quarter ended June 30, 2016 (Q1).

      CST technologies are sufficiently suited for heating, drying and cooling applications for industrial processes and useful for cooking and domestic purposes.
The sentiment remains very positive but the trading is expected to be rangebound in the near term till the next leg of the rally resumes.

            After Reliance Industries beat street expectations for the first quarter of this fiscal, Prayesh Jain of IIFL said that more upside is expected in the stock post earnings and said its gross refining margins (GRMs) are likely to stay strong going forward.

Market at New 11-Month High, Nifty Hits 8500

The market has opened at fresh 11-month high with the Nifty hitting 8500. The 50-share index is up 34.70 points or 0.4 percent at 8502.60 and the Sensex is up 98.77 points or 0.4 percent at 27725.46. About 385 shares have advanced, 94 shares declined, and 26 shares are unchanged. For more information visit www.marketmagnify.com/stock-future-tips.php & give missed call @ 78-79-88-11-22.

     Axis Bank, HDFC, Bharti Airtel, Maruti and NTPC are top gainers while Coal India, BHEL, TCS, Infosys and Cipla are losers in the Sensex.

        Alcoa tops analyst estimates, stock jumps 4%

Analysts expected the company to report earnings of about 9 cents per share on USD 5.2 billion in revenue, according to a consensus estimate from Thomson Reuters.

Microsoft confirmed it will close its Finnish mobile phone unit and cut up to 1,350 jobs in the Nordic country. The cuts, initially announced in May, are part of Microsoft's plan to shed 1,850 jobs from its smartphone business. Microsoft bought the troubled phone business in 2014 from Nokia, Finland's biggest company.
          Monsoon rains will cover the whole of India in the next 48 hours, the country's weather office said, boosting hopes of a rise in farm output and incomes after two straight years of drought.

Smartphones lift Samsung Electronics to Best Profit in Over 2yrs

Equity benchmarks opened on a flat note amid mixed Asian cues. The Sensex was up 35.97 points at 27202.84, and the Nifty gained 6.05 points at 8342. For more information visit www.marketmagnify.com/stock-option.php

       About 176 shares have advanced, 65 shares declined, and 19 shares are unchanged.

Bharti Airtel and Dr Reddy's Labs gained over a percent followed by ITC, HDFC, SBI, L&T and HUL while Infosys, HDFC Bank, TCS, Bajaj Auto, Reliance Industries and NTPC declined.

      Punjab National Bank climbed over 3 percent as its subsidiary housing finance company has received approval for listing IPO from National Stock Exchange and Bombay Stock Exchange.

           The Chinese government's call to the nation to build an innovation-driven economy from the top down has sparked a rush by local governments to construct new buildings in the name of supporting creativity.

     Quality PSU banks a must-have in a portfolio: Quantum Securities In the light of the boost given by the government in the infrastructure space, companies in cement and steel are looking good, said Sanjay Dutt of Quantum Securities. "Infrastructure is a space where you have to remain invested.

      Max Financial Services Ltd has informed BSE that Mr. Sandeep Pathak has joined the Company as Company Secretary and Compliance Officer of the Company effective July 05, 2016.Source : BSE
            Kalpataru Power Transmission Ltd has informed BSE that Kalpataru Power Transmission Ltd, a leading global EPC player in the power & infrastructure contracting sector has secured new orders/notification exceeding Rs 1900 crores.Source : BSE

      Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile earnings.

     The world's top maker of smartphones and memory chips said its April-June profit was likely 8.1 trillion won (USD7 billion), better than the average forecast of 7.8 trillion won tipped by a Thomson Reuters survey of 16 analysts. It was the highest since a 8.5 trillion won profit in the first quarter of 2014.