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MoneyMaker-Research
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MoneyMaker-Research started following Ashok Leyland stock tanks nearly 5% as November volumes disappoint, Nifty FMCG drops 1% led by ITC, Rupee gains 13 paise at 69.71/$ and and 3 others
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FMCG The Nifty FMCG index slipped 1% on Thursday amid heavy selling pressure seen in ITC, UBL, Tata Global, United Spirit, and Marico.
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The Indian rupee snapped two-day losing streak against the dollar in a seesaw game with the greenback on Thursday and gained 13 paise to trade at day’s high level of 69.71/$.
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The Nifty FMCG index slipped 1% on Wednesday amid heavy selling pressure seen in UBL, United Spirit, HUL, Jubilant Foodworks, and GlaxoSmithKline Consumer Healthcare.
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Around 31 stocks rose to touch their 52-week highs on NSE in Tuesday's session. Among the stocks that touched their 52-week highs were Adani PortsNSE -3.02 % and Special Economic Zone, Axis BankNSE 0.32 %, Bajaj Finserv, Bajaj Finance, DCB Bank and DCM Shriram. HDFC Bank, Housing Development Finance Corporation, Just Dial, Kotak Mahindra Bank, Larsen & Toubro, State Bank of India, Siemens, Titan Company and UPL also featured among the stocks that touched their 52-week highs.
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CALL #SELL NMDC #FUTURE BELOW 92.8 TARGETS 92.4 , 92 , 91.6 #STOPLOSS 93.6
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Ashok Leyland Limited (ALL) reported 9% yoy volume decline (13% mom volume decline) for the month of November 2018. Total sales were 13,121 units in November 2018 vs. 14,457 units in November 2017 and 15,149 units in October 2018. The volume number missed BloombergQuint poll estimate of 14,000 units for October 2018. The volume decline came on a strong base of November 2017 (volume growth of 51% yoy, 12% mom). The stock is trading nearly 5% lower at the lowest point of the day so far.
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abadallh1 reacted to a post in a topic: Tomorrow's Market prediction and news
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Today Indian Stock Market moved down on ending session. Tomorrow is the day of big quarterly results. Three companies of Nifty index, Bajaj Finance, Bajaj Finserve and Kotak Mahindra will announce their quarterly results. Mid-cap companies like Aditya Birla Money, ABB India Limited, D.B.Corp Limited, GNA Axles Limited, RBL Bank Limited and Sterlite Technologies Limited will also announce their results.
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