Live Stock Market Update By Money Maker Research

NTPC Limited has announced that the Govt of India has proposed to sell up to 41.22 crore shares or 5 percent stake of the company. Indian stock markets plummeted on Tuesday led by the fall in the shares of NTPC after the govt announced that it will sell 5 percent stake in NTPC at Rs 168 per share to raise Rs 7,000 crore. Stocks of NTPC slipped 3.03%, Sun Pharma went down 1.12%, HDFC and HUL down 1.11% and 0.96% respectively among others.

Meantime, NSE benchmark Nifty50 index has made few alterations in its constituents which will be effective from 29 Sept 2017, as per which the stocks of ACC Ltd, bank of Baroda, Tata Power and Tata motors DVR are being removed from Nifty50 index, whereas Bajaj Finance, Hindustan Petroleum Limited and United Phosphorus Ltd (UPL) are to be included in Nifty50 index.

Live Stock Market: The BSE Sensex is trading at 31,499 down 251 pts, while Nifty is trading at 9,837 down 75 pts.

HEG Technical Research Calls for Positional Investment ( 28 Aug 2017)

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in HEG.

“HEG is the stock which I would advocate traders to buy this stock in a range of 604-606 with a price target of 622 and stop loss placed below 584.

We believe the benefit of increased prices will flow in by H2FY18 and FY19E. We expect HEG to capitalize on the favourable demand supply dynamics and report robust earnings growth led by volume increase and improved pricing. Further, on account of higher operating leverage, EBITDA margins are likely to increase sharply from current levels.

HEG were closed 13.74 per cent up today at Rs 595.30 on NSE.

Investment Tips for Top Stock by Research Expert

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in Avenue mart.

“Avenue mart is the stock which I would advocate traders to buy this stock in a range of 1020 to1025 with a price target of 1070 and stop loss placed below 970.

The Company has recorded another steady year of growth, despite performing in a highly competitive environment in the Retail Sector. Company has opened 21 new stores during the year under review, taking the total store count to 131 across the country.

The Company’s total income on Standalone basis was Rs.1, 191,240.76 Lakh compared to previous year''s Rs.859, 522.66 Lakh, registering a steady growth of 38.59% on a year over year basis. The Company has earned Standalone Net Profit of Rs.48, 263.85 Lakh

Avenue mart were closed 0.52 per cent up today at Rs 994.60 on NSE.