Epic Research Special Stock Market Report 08 June 2017

Global markets at a glance
US equities closed lower on Tuesday as Wall Street hedged bets ahead of key events slated for later this week. The Dow Jones industrial average fell about 45 points, with Boeing contributing the most losses. The S&P 500 closed
0.28 percent lower, with consumer discretionary leading decliners. The Nasdaq composite lagged, slipping 0.33 percent.
The Euro Stoxx 50 index of eurozone bluechip stocks decreased 0.15 percent,
while the Stoxx Europe 50 index, which includes some major U.K. companies, lost 0.22 percent.

Previous day Roundup
Key benchmark indices settled with modest gains in a volatile session of trade after the Reserve Bank of India (RBI) decided to keep the policy repo rate unchanged after a policy review meet today, 7 June 2017.

Petronet LNG GDF International to exit Petronet LNG, launches block to sell 10 percent stake
Bhushan Steel Company says have never interacted or have any association with Shirish Chandrakant Shah
Amtek Auto board meeting on June 3rd June to consider issue of shares of preferential basis
Cyient announces expanded strategic relationship with United Technologies Corp
SEBI approves Asian Star’s acquisition of 5 percent equity shares in Indian Commodity Exchange Limited
Indiabulls Ventures commences consumer finance business, net worth increased to Rs 1,000 crore
Edelweiss issues its maiden unsecured perpetual bond aggregating to Rs 300 crore
Healthcare Global launches 125 bed cancer centre in Nagpur, Maharashtra

PFC plans foray into transmission and distribution space
Piramal Enterprises to extend funds Rs 1,100 crore to Embassy group
Telecom stocks in focus: TRAI to meet telecom CEO’s on June 15 to discuss their financial crisis
Gujarat Pipavav Ports put up for sale by APM terminals

Gold futures closed lower in the domestic market on Wednesday as investors eyed moves in the U.S. dollar and awaited the outcome of a bevy of potential market-moving events this week.At the MCX gold futures for August 2017 contract ended at Rs 29417 per 10 grams up by 0.51 per cent after opening at Rs 29524 against a previous close of Rs 29567.

BUY GOLD ABOVE 29550 TGT 29650 29750 SL BELOW 294850
SELL GOLD BELOW 29380 TGT 29280 29080 SL ABOVE 29500

The Indian rupee eased against the dollar in early trades on Wednesday, 07 June 2017 amid caution ahead of the RBI’s bi-monthly policy meet outcome due later in the day. Increased demand for the US currency from importers as
also the greenback’s gains against rivals overseas put pressure on the rupee.

Domestic benchmark indices edged higher in early trade on good prospects of monsoon rains. At 9:30 IST, the barometer index, the S&P BSE Sensex was up 70.47 points or 0.23% at 31,261.03. The Nifty 50 index was up 13.50 points or 0.14% at 9,650.65.

Epic Research Limited is a supreme level financial advisory services provider firm .We have designed services for different investors as per their needs like Stock tips, Stock futures tips and many more to serve our clients. We offer regular services for investors with less capital and premium services for massive investors looking for higher returns on investments with bigger targets.
Want to take a FREE TRIAL? Visit our site link below and become a part of our Epic family. Happy trading.
mail us @ info@epicresearch.co

Also you can Whatsapp us at :7049084664

Our Office:411 Milinda Manor, 2 RNT Road, Indore 452001

%d bloggers like this: