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Tuesday, 18 July 2017

Stock and Commodity Market Tips for Today (18th July)

The BSE Sensex is trading at 31834 down 240 points, while Nifty is trading at 9859 down 56 points. A total of 43 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading down 0.04% at 15191, while BSE Small-cap Index is trading down by 0.02% at 15906. Some buying activity is seen in Finance, Telecom Pharma, Auto, while Oil & Gas, Energy, Energy and Consumer Durables are showing weakness on BSE.

Gainers / Losers: ACC, Ultratech Cement, Sun Pharma, CIPLA and Bharti Airtel are among the gainers, whereas ITC, GAIL, Aurobindo Pharma, Hindalco and Reliance are losing sheen on NSE.

Best Shares To Buy Today: C and C construction, HCL Info, Rupa and Company

Commodity Market Update 
Soybean futures are expected to trade sideways on expectation of revival of monsoon in central India. However, expectation of good crushing demand on reports of hike in import duty may keep the prices supportive. Mustard seed futures expected to trade sideways due to steady demand from the industrial buyers as supplies sufficient in the physical market.

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