Free Stock Tips for Today (10th July)

The BSE Sensex is trading at 31541 up 181 points, while due to technical glitch at NSE, Nifty level is not being updating. The BSE Mid-cap Index is trading up 0.36% at 14996, whereas BSE Small-cap Index is trading up 0.6% at 15925. Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while FMCG and Consumer Durables are showing weakness on BSE. TCS, Bharti Airtel, Lupin, Tata Motors and Wipro are among the gainers, whereas Hindustan Unilever, ITC, HDFC, Power Grid are losing sheen on BSE.
The big news at this hour is regarding NSE, due to technical glitches, NSE has shut the cash market and F&O market transactions from 09:55 hours on Monday. AU Small Finance Bank got listed on BSE at Rs 525 per equity share at a huge premium of nearly 47%.

Free Stock Tips for Today (10th July)

MTNL
Deloitte has submitted its report to the government on the restructuring and revival plan of MTNL. Telecom Ministry will consider the restructuring report. Several suggestions have been given to reduce the debt in the report. The report also mentions merger with BSNL. It has also been suggested to raise VRS and raise money by selling assets such as land.

Omax Auto
ICICI Prudential has sold 2.5 percent stake in Omax Auto. ICICI Prudential has sold 5.17 lakh shares of Omax Auto for Rs 3.7 crore. Now the share of ICICI Prudential’s Omax Auto decreased from 5.1 per cent to 2.6 per cent.

Tata Power / Adani Power
Important meeting today for Mundra Plant Gujarat Chief Minister Vijay Rupani and the Power Minister will be present in the meeting. Also, Gujarat Chief Secretary and SBI Chairman will also be in the meeting.

Cadila Health
Cadila Health’s generic drug Doksajosin has been approved by the US FDA. Doxasosine is the drug of high blood pressure.

Biocon
The French regulator will re-examine the Bangalore unit of Biocon. The Bangalore unit of Biocon is accused of poor manufacturing.