Epic Research Special Stock Market Report 11 September 2017

Global markets at a glance
The Dow Jones Industrial Average rose 13.01 points, or 0.06 percent, to 21,797.79, the S&P 500 lost 3.67 points, or 0.15 percent, to 2,461.43 and the Nasdaq Composite dropped 37.68 points, or 0.59 percent, to 6,360.19.The S&P 500 ended slightly lower on Friday as investors braced for potential damage from Hurricane Irma as it drove toward Florida, while a decline in big tech names like Apple and Facebook pushed the Nasdaq down more sharply. The Dow eked out a gain, helped by a 4.0-percent rise in shares of insurer Travelers.

The country’s largest steel maker SAIL 7% rise in sales to 5.5 million tonnes in the first five months of the on going fiscal, helped by production ramp-up.
The cement maker expects domestic demand to return to its “normal level“ on back of the government’s push for infrastructure projects and uptick in rural housing, after weak volume growth for three to four years.
Healthcare stocks: CCI plans to carry out a detailed study on pharmaceutical and healthcare segments, including differential pricing ways, as it looks to identify areas that pose competition concerns.

Logistics firm TCI Express is looking at a turnover of Rs 900 crore in the ongoing financial year
Innerwear brand Jockey India plans to double production capacity to 400 million pieces per annum in the next three years.
Sebi has rejected an application from a combo of SBI and Onida’s ex-promoters to register their ratings agency.

Gold jumped by Rs 235 per 10 grams to touch an 11-month high of Rs 30,360 here today, tracking a solid trend overseas amid increased buying by local jewellers to meet festive season demand. Silver recaptured the Rs 41,000 mark by surging Rs 500 per kg on higher offtake by industrial units. Standard gold (99.5 purity) rose by Rs 235 to end at Rs 30,360 per 10 grams against Thursday’s closing level of Rs 30,125. The level has not been seen since November 11, 2016. Pure gold (99.9 purity) also jumped by the same amount to settle at Rs 30,510 per 10 grams from Rs 30,275 earlier. Silver (.999 fineness) surged by Rs 500 to finish at Rs 41,240 per kg against Rs 40,740 yesterday.

BUY GOLD OCT ABOVE 30300 TGT 30350 30450 SL BELOW 30200
SELL GOLD OCT BELOW 30200 TGT 30150 30050 SL ABOVE 30300

A senior official at India’s capital markets regulator warned on Wednesday about the impact of “huge” foreign investments on the rupee INR=D2 and called for ways to manage the inflows through “a calibrated system.”
The comments, from Securities and Exchange Board of India (SEBI) Whole-Time Member G. Mahalingam, delivered during a speech at a financial event, mark the strongest public comments this year from an Indian regulator about
the effects of strong inflows in pushing up the currency.

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, binary option trading 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: