Tendency of stocks

Indian equity markets ended their week in red for the third consecutive week due to political issues.
BSE sensex fell 1.51% (509.54 points) to 33,176 and NSE Nifty 50 index plunged 1.59% (165 points) to 10,195.
There is enormous uncertainty in the industry. Uncertainty regarding with the global trade war as well as US FDA visits has changed the safeguarded sectors into a risky sector.
In this week, the companies with a good financials and have strong management are considered as a standard company to invest. Pharma stocks have some chances to improve their wings in this week.
Ramky Infra: Ramky Infrastructure has been awarded a project worth of Rs.939.41 crore for the construction of bypass in Srinagar in the state of Jammu and Kashmir by the National Highways Authority of India on Engineering, Procurement and Construction (EPC) mode.
Its shares are expected to increase up to 3% in Monday’s session.
NDTV: SEBI fines Rs.1 million on NDTV and of Rs.3,00,000 each on Prannoy Roy, Radhika Roy(Executive Co-chair persons), Vikramaditya Chandra (Executive Director)and Anoop singh Juneja(compliance Officer) for the disclosure failure to the stock exchange regarding the sale of their shares.
This issue reflects in Monday’s market and the traders are advised to stay away from NDTV shares.

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *