Friday, 16 February 2018

5 Stocks That Are Likely To Be In Focus In The Trading Current Session

Experts believe that there is the positive opening of the domestic market on Thursday. Market tracked Nifty futures on the Singapore Stock Exchange and prompts from other Asian markets. It was noted that the Nifty futures on the Singapore Stock Exchange were trading 80.50 points, or 0.77 percent, higher at 10,543.50, indicating a positive opening start for the Nifty50 in India.
nifty future
Following is the list of top 5 stocks that are likely to be in focus in the trading session of 16 February:

PNB: after the news of Big Scam, the Reserve Bank of India and the SEBI are likely to approach their counterparts in Hong Kong for cooperation in this regards. The fraud activity of approximately Rs 11,000 crore at public sector lender PNB took place recently, where several entities have come under the scanner.

Sun Pharma: one of India’s largest drug makers reported 75 percent year-on-year fall in its net profit. The report was generated for the quarter ended December. However, it maintained a marginal improvement in profitability compared to the first two-quarters of this fiscal even as US sales continue to trail. It was reported by the company that they had a net profit of Rs 365 crore for the third quarter. While, in the previous year, it had a net profit of Rs 1,471 crore.

Idea Cellular: Idea Cellular is an Indian mobile network operator based in Mumbai, Maharashtra. The company has plans to raise an additional Rs 3,500 crore through the qualified institutional placements route.

Religare Enterprises: recently, the two board members of Religare Enterprises have resigned. Malvinder Mohan Singh and Shivinder Mohan Singh have resigned within a week after they quit the board of Fortis Healthcare Limited.

HDFC: HDFC has sold off its two subsidiary entities HDFC Realty and HDFC Red. This was sold to online classifieds advertising platform Quikr. In this deal, Quikr gave a 3.3 percent share to HDFC in the Bengaluru-based startup. However, the stake of HDFC in the company is valued at Rs 357 crore through this deal.

Believing the experts of Money Classic Research, these are top 5 stocks that will be in focus in today’s trading session. Money Classic Research being one of the fastest growing advisory firms helps all the retail and HNI clients, by offering them the most selective and accurate stock cash tips. Based on the technical and fundamental analysis, the experienced technical analysts offer intraday stock cash tips that allow you to make huge returns.

It was established with the urge of helping its clients in pursuing their financial goals. Thus, it ensures to offer the most accurate intraday stock trading tips.

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