Capital Goods Stocks Outlook For The Week - 21 To 25.05.2018
Stocks of capital goods companies are expected to trade range-bound next week due to lack of
significant triggers. This week, stocks of major capital goods companies declined by 1-6.5% due to a fall in the industrial production data for the month of March, while the BSE Capital Goods index shed 4.1%. Earnings of companies for the quarter ended March may trigger movement in individual stocks in the coming week. Traders are expected to be cautious ahead of guidance provided by sector heavyweight Larsen & Toubro Ltd along with its earnings on May 28. Rising commodity prices are also seen weighing on stocks in the sector. In the broader market, benchmark indices are seen weak. They are likely to remain subdued next week as investors keep to the sidelines in the face of rising
macroeconomic concerns.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Stocks of capital goods companies are expected to trade range-bound next week due to lack of
significant triggers. This week, stocks of major capital goods companies declined by 1-6.5% due to a fall in the industrial production data for the month of March, while the BSE Capital Goods index shed 4.1%. Earnings of companies for the quarter ended March may trigger movement in individual stocks in the coming week. Traders are expected to be cautious ahead of guidance provided by sector heavyweight Larsen & Toubro Ltd along with its earnings on May 28. Rising commodity prices are also seen weighing on stocks in the sector. In the broader market, benchmark indices are seen weak. They are likely to remain subdued next week as investors keep to the sidelines in the face of rising
macroeconomic concerns.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
