Free Intraday Tips for Today (29th September : Friday)

The BSE Sensex is trading at 31,420 up 138 points, while Nifty is trading at 9816 up 47 points. A total of 16 stocks registered a fresh 52-week high in trade today, while 19 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 1.04% at 15,469, and BSE Small-cap Index is trading up 1.12% at 16,118. All sectoral indices on BSE are trading in positive territory except BSE IT index. GAIL, Hindustan Petroleum Corporation and Eicher Motors are among the gainers whereas Hindustan Unilever, Yes Bank and Power Grid Corporation are losing on the NSE.

Free Intraday Tips for Today (29th September : Friday)

PNGRB has issued a Consultation Paper on Unified Tariff. In fact, all the interconnected pipelines in GAIL have the same tariff. If Gayle’s proposal was to be believed, then in the year 2018, income will increase 48 percent.

Karnataka Chief Minister Siddaramaiah has written a letter to Prime Minister Narendra Modi. The Karnataka government is in opposition to privatization of BEML. The Chief Minister of Karnataka has asked the central government to review the decision to sell the stake in BEML.

Loan restructuring of HCC subsidiary Lavasa Corp has got approval. The lender Joint Lenders Forum has taken this decision. Some part of the debt will be converted into equity. Also financial and strategic investors will also put new capital Apart from this, there will also be restructuring of loans in Lavasa subsidiaries.

Convenience Laundry
The company’s share is ready for buyback and the decision is possible in the board meeting on October 6.

The company admitted that second quarter could be weak. Due to GST, there is a possibility of an impact on sales. There is a possibility of not being particularly good in festivals.

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