!!!Sure Shot Stock tips!!!

Thursday, 12 January 2017

Stock Market Volatile - Stocks In Focus Today

Benchmark indices gained for third consecutive session amid volatility, with the NSE Nifty hovering around 8400 level. Technology, infra and private banks continued in support of the market whereas metals stocks, FMCG and Pharma were under pressure. The BSE Sensex rose 80.85 points to 27221.26 and the NSE Nifty gained 15.90 points at 8396.55 while the broader markets were moderately lower on weak breadth. About 1156 shares declined against 970 advancing shares on the BSE.

Infosys rallied more than 2 percent after US president-elect Donald Trump in his press conference yesterday did not say anything on H1B Visa Reform bill and ahead of December quarter earnings on Friday afternoon. Healthcare stocks like Lupin, Sun Pharma and Dr Reddy's Labs, which have high exposure to US market, fell over a percent after Donald Trump says pharma companies are getting away with murder, also implying more aggressive bidding and likely to lower down the prices of drug.

Stocks In Focus Today: TCS, MRF, Biocon and NTPC are the stocks that will remain in focus today.

MCX News: MCX Gold has moved 57 points up at 28357 while Silver has hiked 71 points at 41079. Crude Oil has dropped 31 points sharply at 3558 and Cotton has declined 50 points at 20360.