SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.

Blog

bhusan steel

Sensex rebounds 200 pts, Nifty above 10,200 in opening: Bhushan Steel up 19%

Bhushan Steel rallied 19 percent and Tata Steel gained 1.5 percent. Adani Power and Tata Power were marginally lower.

Market Outlook: “The beginning has been pretty challenging and we came out in 2018 after having a spectacular year in 2017. So one of the reasons of this toughness is also those extraordinary returns which got created in the last two years specifically last year,” Market Expert, Madhusudan Kela said.He further said some kind of correction was due maybe not as sharp as it came in the last month or so.

“Having said that I am not in this school which believes that 2018 will make no returns. I think it will not be a repeat of 2017. You just have to be in the market to make money. I think in 2018 you have to work hard to make money,” he said.

9:20 am Buzzing: Shares of Alembic gained 2.6 percent as the company is going to consider buyback of equity shares.

A meeting of buyback committee of Alembic is scheduled to be held on March 12 to consider the buyback of its equity shares.

The board will consider the buyback price and the number of equity shares to be brought back by the company.

9:15 am Market Check: Benchmark indices opened sharply higher, tracking positive Asian cues. All beaten down stocks saw buying interest.

The 30-share BSE Sensex was up 238.55 points at 33,271.64 and the 50-share NSE Nifty gained 71.60 points at 10,225.80 while the Nifty Midcap index gained 1 percent.

Bharti Airtel, Vedanta, Reliance Industries, Indiabulls Housing Finance, Bajaj Finance, Hindalco, GAIL and Dr. Reddy’s Labs gained a percent each.

Fortis Healthcare gained 5 percent as the stock went out of F&O ban.

Bhushan Steel rallied 19 percent and Tata Steel gained 1.5 percent. Adani Power and Tata Power were marginally lower.

KEC International, Adani Enterprises, and Adani Transmission rose over 2 percent. Amtek Auto, Castex Technologies, and Medalist Forgings rallied 5 percent each.

On a one MISSED CALL on @9039006355 you can have your Free Trials for two days in Share Market so why are you waiting for, Hurry up!                                         SUBSCRIBE US >>Bonaz Capital