Friday 1 September 2017

Stock Exchanges Suggest Extending Trading hours till 7.30pm

Leading stock exchanges are considering a plan to extend its trading timing by 2 to 5 hours so as to better align Indian markets at par with global trends and boost business. At present, trading commences on the Exchanges at 9.00 am and closes at 3.30 pm, with 15 minutes each of pre open sessions and post closing hours.

There is further a proposal to align the timings of equity market in line with commodity derivatives which are being traded till late evening hours. The different proposals on the table include extending trade hours till 5.00 pm, 5.30 pm and 7.30 pm.

In the very past, the exchanges had recommended to extend the timings, but the recommendations have always met with a strong opposition from brokers. Brokers concern is that they would have to call employees in two different shifts for over 10 hours trading period and all their customers would have to be assigned no less than two relationship managers.

Thursday 31 August 2017

HSCL Share Report and Trading Tips for Tomorrow by Expert ( 31 Aug 2017 )

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in HSCL.

HSCL is the stock which I would recommend to buy above Rs 106; this can see a upside to levels closer to Rs 110-112 zones, keep stop loss below Rs 101.


EBITDA of the company for the year is increased mainly on account of higher operating inefficiencies and increase in capacity utilisation.

The Company continued to enjoy working capital facilities under multiple banking arrangements including State Bank of India, Central Bank of India, ICICI Bank, The Hong Kong and Shanghai Banking Corporation(HSBC), DBS Bank, Citibank, Axis Bank, Yes Bank, Indusind Bank, Union Bank of India and IDBI Bank Ltd. The Company has been regular in servicing these debts.


HSCL was closed 6.43 per cent up today at Rs 105.10 NSE.

Stock Limelight: Wipro, RIL, Tata Motors, Maruti Suzuki will be in focus today

Benchmark indices, on Thursday, are trading on sluggish move, while broader markets are continuing its trade in positive territory. These stocks will be in limelight today after major announcements:

Software major Wipro, has announced its shareholders approved the company’s Rs,11000.00 crore buyback proposal. About 99.68 percent of the votes being cast in the support of the buyback offer.

India’s largest publicly traded company Reliance (RIL) has announced that the company will make an offer for issuing NCDs worth Rs 2,500 crore next week. It has proposed to make an offer for issuance NCDS on a private placement basis on Monday 4 Sept 2017aggregating Rs 2500 crore to be listed on the stock exchanges.

The stocks of car companies will be in focus today which includes Tata Motors, Maruti Suzuki and Mahindra & Mahindra. Car prices had dropped by up to Rs 3.00 lakh subsequent on the implementation of the GST from July 1.

Share it