NEWS UPDATE :-
- Debt Market Update: 10 year yield likely to move in the range of 8.02% - 8.07% level on Tuesday.
- IMF cut global CY13 GDP growth to 3.9% vs 4.1% estimated April.
- FDI into China dropped 6.9% in June, 2012 to $12 bn. Also FDI in Jan-May, 2012 fell 1.91% YoY.
- U.S. retail sales fell for a 3rd month in June, 2012 by 0.5% after a 0.2% decrease in May, 2012.
- Government estimates the country' total food grains production at an all-time high of 257.44 MT for the 2011-12 crop year.
- PSU oil firms hiked jet fuel rates by 1.7% in line with firming international oil rates.
- SouthIndian Bank will raise up to Rs 5 bn through private placement of shares.
- GodrejProperties is set to develop 110 acres of land in Panvel with an estimated saleable area of 3.5 mn sq. ft.
- TataMotor’s global sales for June, 2012 rose 6% YoY helped by a 39% rise in sales of JLR.
Main Results Today:
GMM Pfaudler, Hercules Hoist, Kirloskar Pneumatic and Triveni Turbine.
Automotive Stampings, Axis Bank, Bajaj Finserv, Bajaj Finance and GIC Housing.
Delivery Tips :-
BUY ATLASCYCLE @ 406-407 SL: 397 TGTS: 418-420 TF: 3-4 DAY
BUY WIPRO FUT AT AROUND 357 SL BEL 352 TGT LATER
You can fill the form here on the blog to get free tips on your mobile for this tomorrow 18 July 2012 ..... Have a Happy Trade!!! :)
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