Equity benchmarks extended losses in morning trade, weighed by technology, banking & financial, FMCG and select auto stocks. The 30-share BSE Sensex was down 157.17 points at 31,104.89 and the 50-share NSE Nifty fell 49.55 points to 9,618.70. The broader markets were also under pressure, falling over 0.3 percent on weak breadth. About 1175 shares declined against 831 advancing shares on the BSE. Wipro, Adani Ports, L&T, TCS, SBI, Bank of Baroda and Tata Motors (DVR) were top losers while Sun Pharma, M&M, GAIL, Tata Steel, ONGC, Vedanta and Aurobindo Pharma were gainers.
Best Shares To Buy Sell Today (12th June)
By keeping an eye on every movement of shares, your investment can be safely done. Here we are talking about such stocks which will remain in the news today and on the look of the market.
Titan / PC Jeweler / TBZ
Jewelry Companies got Relief from GST Council. GST reduced from 18 per cent to 5 per cent on the purchase of Gold Jewelry.
M & M / Escorts / Eicher
GST reduced from 28 percent to 18 percent for tractor parts. At the same time, GST decreased from 28 percent to 18 percent by ball bearings.
Biotechnology / Torrent Pharma / Sanofi
Insulin GST has been reduced to 5% instead of 12%. Concern of Working Capital of Exporters has increased due to Laxmi.
Overseas / Jayashree T / Gujarat Ambuja Export / LT Foods / KRBL
The government can take a decision in the interest of exporters. Eggy commodity exporters will be given relaxation in rates. The decision is possible under the FTP to increase exports.
JSL / JSPL / SAIL / JSW Steel
Ministry has convened a meeting of Steel Industry on July 3. It is possible to discuss anti-dumping duty on steel products in this meeting. Also, anti-dumping duty can be discussed from 6 countries on steel import.
Nurse Pharma gets USFDA approval for Anti Fungal Medicine Zaydas Nurse Pharma is a subsidiary of Cadila Healthcare.
The company has signed with Alibaba Cloud for digital solutions.