Intraday Stock Tips for Today (21st July)

The BSE Sensex is trading at 32,025 up 121 points, while Nifty is trading at 9909 up 36 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.25% at 15,216 while BSE Small-cap Index is trading up 0.33% at 16,052. BSE Energy is the top gaining index in the morning session on Friday. It is up by 1.6% at 3675.86. Reliance Industries is contributing majorly to the index gains and pulling it to higher levels.

Intraday Stock Tips for Today (21st July)

Mirza International / Liberty Shoe / Bata India
The government will bring a special plan for the leather sector. There is a plan to subsidize 2600 crores for the leather sector. Labor companies will get income tax exemption on providing more employment. Ministry of Industry has issued Cabinet Draft Note.

GMR Infra
GMR Rajamundari has been declared a loan of 2366 crore rupees NPA. Loan Strategic Debt Restructuring was started in January. 9 banks, including IDBI Bank and IDFC, have given loans to GMR Infra.

Balaji Telefilms
Reliance Industries has bought 24.9 percent stake in Balaji Telefilms. Reliance Industries has bought 2.52 crore shares at a price of Rs 164. Balaji’s board will include two members of Reliance Industries.

13 lakh preferential shares will be issued to promoters on behalf of Talwalkars.

Jubilant Life / JP Associates
Rakesh Jhunjhunwala has made big investments in both companies. Rakesh Jhunjhunwala bought 1.3 percent stake in Jubilant Life, while bought 1.03 percent in JP Associates.