intraday tips

Intraday Tips for Today (18th September : Monday) – Expert Prediction

The BSE Sensex is trading at 32,483 up 210 points, while NSE Nifty is trading at 10,164 up 79 points. A total of 75 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 0.79 % at 16098, whereas BSE Small-cap Index is trading up 1.03% at 16859. On sectoral indices front, except pharmaceutical all sectors are showing bullishness on NSE. ONGC, Bharti Infratel, L&T, Power Grid Corporation of India and Bank of Baroda are among the gainers, whereas Dr. Reddy’s Laboratories, Sun Pharmaceutical Industries, Tata Steel and ONGC are losing sheen on NSE.

Intraday Tips for Today (18th September : Monday)

Dr. Reddy’s
The US FDA has completed the audit of Dr Reddy’s UK’s API Mirfield Plant. US FDA has issued 3 objections to the plant. Dr. Reddy’s says that the concerns of the US FDA are going away.

SAIL / JSW Steel / JSPL / Tata Steel
The government has asked to keep steel prices under control. According to the government, if the price of steel is more than Rs 40,000 per tonne then it is possible to interfere.

Kirloskar Pneumatic
HDFC Mutual Fund has bought 97,000 shares of Kirloskar Pneumatic at a price of Rs 994.7 per share.

Grasim Industries
Wangguard Group bought 38.21 lakh shares of Grasim Industries at a price of Rs. 1240.17 per share.

Reliance Communications
The promoter of Reliance Communications has mortgaged 1.21 percent of the company’s shares to L & T Finance.