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WEEKLY EQUITY NEWSLETTER

WEEKLY EQUITY NEWSLETTER


1ST JULY TO 5TH JULY 2019

          MARKET UPDATES

 Countrys largest IT company Tata Consultancv Services in its BSE filing said it has launched Pace Port, a new co-innovation and advanced research center designed to help customers successfully navigate their Business 4.0 transformation journeys in New York.

Benchmark indices are trading near days low with Nifty down 33.50 points or 0.28 percent at 11,808. Sensex is down 114.09 points or 0.29 percent at 39,472.32. About 1028 shares have advanced, 1243 shares declined, and 146 shares are unchanged. GAIL, Tech Mahindra and NTPC are among the biggest winners, while Yes Bank, Vedanta, Bharti Infratel are among the top losers.

The company opens 4 screens multiplex at Preston Mall, Hyderabad. This multiplex is equipped with BARCO 4K projection system, Harkness Silver Screen, next-generation 3D-enabled screens and Dolby Atmos surround sound system in all auditoriums. With this launch, PVR now operates the largest multiplex network with of 785 screens at 167 properties in 67 cities.

Buzzing: Shares of real estate major DLF gained as much as 2 percent on June 28 after its promoters infused Rs 2,250 crore in the company against the issuance of new equity shares. Buzzing: Shares of Dewan Housing Finance Corporation (DHFL) declined more than 7 percent on June 28 as company deferred Q4 earnings announcement.

Share price of Cox & Kings locked at 10 percent lower circuit on July 27 as company has defaulted on the payment of commercial papers due to cash flow mismatch. There were pending sell orders of 1,695,952 shares, with no buyers available.

 

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