Best Stocks to Buy Sell Today (28th July)

Equity benchmarks remained under pressure in morning trade, with the Sensex falling over 100 points following weakness in global peers. The 30-share BSE Sensex was down 127.08 points at 32,256.22 and the 50-share NSE Nifty fell 30.65 points to 9,989.90. The broader markets outperformed benchmarks, with the BSE Midcap and Smallcap indices rising 0.35 percent each on positive breadth. About 1,057 shares advanced against 949 declining shares on the BSE. HDFC extended gains today, hitting fresh record high of Rs 1,776.20, up 2.4 percent on top of 5.83 percent rally in previous session after strong earnings.

Best Stocks to Buy Sell Today (28th July)

PC Jeweler / TBZ / Thongmile Jewelery
Government may reduce import duty on gold. Import duty on gold can be reduced from 10 percent to 2 percent. It is believed that due to improvement in the trade deficit, import duty on gold can be reduced.

Claris Life
Claris Life has sold Global Business to US company Baxter International. Claris Life has sold Global Business for $ 62.5 million.

Idea Cellular
In the first quarter of fiscal year 2018, Idea Cellular has lost a loss of Rs 814.9 crore. In the fourth quarter of fiscal year 2017, Idea Cellular had a loss of Rs 327.7 crore. In the first quarter of fiscal year 2018, Idea Cellular has an income of Rs 8181.7 crore. In the fourth quarter of fiscal year 2017, Idea Cellular had an income of Rs 8126.1 crore.

Deccan Goldmine
Vedanta has started talks to buy 26% stake in Deccan Goldmine. Vedanta wants Deccan’s management control.

Biocon
In the first quarter of the financial year 2018, Biocon’s profits decreased 51.2 percent to Rs 81.3 crore. In the first quarter of fiscal year 2017, Biocon’s profit was Rs 166.6 crore. In the first quarter of fiscal year 2018, income of Biocon declined by 5.9 percent to Rs 933.7 crore. In the first quarter of the financial year 2017, Biocon had an income of Rs 992.2 crore.