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Tuesday 10 May 2016

Stocks That Were In News On May 10, 2016

The 30-share benchmark index ended the trade at 25772.53 , higher by 83.67 points, while the NSE Nifty was at 7887.80, up by 21.75 points.

On the global front, Asian peers ended the day in green. Meanwhile, European counters were also trading in green.

JSW Steel

Sajjan Jindal-led JSW Steel is in the fray to acquire Tata Steel's loss-making business in the UK, reports PTI .The stock ended the day at Rs 1286, lower by 3.08 per cent on BSE. It touched an intraday high at Rs 1324 during the trade.

Vardhman Textiles

Textile major Vardhman Textiles has reported 45.9 per cent rise in its consolidated net profit at Rs 159.44 crore for the January-March quarter 2016.
The stock ended the day at Rs 996, lower by 0.60 percent on BSE. It touched an intraday high at Rs 1008 and low at Rs970 during the trade.


Arvind Ltd said that it is planning to raise up to Rs 500 crore through issuance of non-convertible debentures on a private placement basis.
The stock ended the day at Rs 288, higher by 0.68 per cent on BSE. It touched an intraday high at Rs 2936 during the trade.

Alstom India

Shares dropped after the company reported about 62 per cent drop in net profit for the quarter ended March 31, 2016.
The stock ended the day at Rs 612, higher by 0.33per cent on BSE. It touched an intraday high at Rs 622 during the trade.

Ujjivan Financial Service

Ujjivan Financial Services was listed at the exchanges at Rs 231.90 per share up, 10.4 percent over its issue price of Rs 210 per share.


Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

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