Share Market Today | Share Market Live updates: Get all the Capitalheight provides Latest Share Market News and Updates on The Economic Times. Share Market Live Charts, News, Analysis, IPO News and more. .

1. 29.06.2018
Market commentary
Nifty 50 today crossed 10700 level and closed at 10714 by gaining
125 points while the BSE Sensex ended at 35423 by gaining 385 points. Due to the
beginning of fresh contracts bullish movement is seen in the market as investors
entered the market with the buying strategy. The rupee also strengthened against
dollar after hitting all time low I the previous session. Today’s top contributors for
the Nifty are Eid Parry, Jindal Saw, Jash Engineering, Oriental Hotels, IZMO, IDBI
Bank, NDTV while the major losers are Cummins India, Star Cement, VGuard,
Aditya Birla Fashion, Kajaria Ceramic, Venkys, Trigyn Tech.
Nifty on Monday may show bullish movement because of the
starting phase of new contracts for the next month in July.
Nifty Daily Chart
Nifty
R2 R1 Pivot S1 S2
10951 10820 10688 10557 10425

2. Stock to Watch for Monday
Som Distilleries and Beverages Ltd
Daily Chart
Technical Analysis
The Som Distilleries and Breweries was trading in uptrend form
September 25, 2017 to May 7, 2018 then it moved within the channel line in the
down trend then it gave the channel line breakout and moved higher. It made a
high of 322 on May 08, 2018 and made a low of 204 on Mar 09, 2018. It also
made a previous doji candle after the down trend on daily time frame which again
signifies that the next candle will show bullish movement. The RSI has also
recovered from the oversold position so it shows that it will move upwards.
Buy Som Distilleries and Breweries above 242 with the target
around 252-257 and the stop loss at 235.45.

3. Market Highlights
 The Centre on Monday not only raised the price of ethanol produced from
C-heavy or C-grade molasses but it also fixed a price for ethanol produced
from B-heavy molasses and sugarcane juice for the first time, something
which has been a rarity in India until now. So far, in India, ethanol has
been produced from C-heavy molasses as production from the other two
varieties wasn't remunerative enough in the absence of any stable policy
regime.
 China's Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the
bottom of an indicative range, raising $4.72 billion in the world's biggest
tech float in four years, people close to the transaction said on
Friday.Xiaomi priced its share offering at HK$17 per share ($2.17), the
bottom of a price range of HK$17 to HK$22, the people said. It is selling
about 2.18 billion shares, one of the people said, making the IPO the
largest in the technology sector since Alibaba Group Holding Ltd raised
$25 billion in New York in 2014.Xiaomi declined to comment on the IPO
pricing.
 Indivior Plc said on Friday a US court extended the restraining order
blocking Indian pharmaceutical firm Dr Reddy's Laboratories from
launching a generic version of the British drugmaker's bestselling opioid
addiction treatment in the United States.Dr Reddy's and US-based Mylan
NV received approval from the Food and Drug Administration (FDA)
earlier this month to launch a generic version of Suboxone Film, which
generates 80 per cent of Indivior's revenue, forcing the UK company to
file an injunction against the decision.Indivior said its restraining order,
issued on June 15, was extended for another 14 days, during which time
the US court for the District of New Jersey will consider the application
and issue a ruling on the injunction.
FII/FPI trading activity in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII/FPI 29-Jun-2018 6538.99 6696.14 -157.15
DII trading activity in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 29-Jun-2018 4718.78 2455.95 2262.83

4. Disclaimer
The information and views in this report, our website & all the service we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have
the right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information
contained herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The
report does not provide individually tailor-made investment advice. Money CapitalHeight Research
Pvt Ltd. recommends that investors independently evaluate particular investments and strategies,
and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research
Investment AdvisersPvt. Ltd. shall not be responsible for any transaction conducted based on the
information given in this report, which is in violation of rules and regulations of MCX and NCDEX.
The metal’s price projections shown are not necessarily indicative of future price performance. The
information herein, together with all estimates and forecasts, can change without notice. Analyst or
any person related to Money CapitalHeightResearch Investment Advisers Pvt. Ltd. might be holding
positions in the stocks recommended. It is understood that anyone who is browsing through the site
has done so at his free will and does not read any views expressed as a recommendation for which
either the site or its owners or anyone can be held responsible for . Any surfing and reading of the
information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for
any loss incurred whatsoever for any financial profits or loss which may arise from the
recommendations above. Money CapitalHeight Research Investment Advisers Pvt. Ltd. does not
purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or
Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report
or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If
found so then Serious Legal Actions can be taken.