Tuesday, December 8, 2015

8th Dec 2015- GST passing looks bleak and other news

Passing of GST looks very bleak with Congress now getting notice over National Herald case.

As per Prime Securities, worst is over for Tata Motors. However, its always better to look at Tata motors DVR (personal opinion) even though value gap has reduced.

Nimesh S Shah has added "Hi Tech Gears" to his portfolio. He added more shares to his existing portfolio. One can see it in bulk deals in moneycontrol website.

Morgan Stanley (Ridham Desai) added CCD, M&M and HCL to its portfolio.

IRFC - Indian railway finance corporation tax free bonds raises Rs 10796 crore as against the issue size of Rs 4532 crore. (over subscribed 2.38 times)

Way2Wealth recommended buying into Alkem Labs IPO

ICICI and GEPL Capital recommended buying into Dr Lal Path Labs IPO.

OPEC has refused to cut back its production. Oil prices fell resulting in fall in stock price of Cairn India etc.




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