GOLDEN RULES FOR TRADING

Cement Stocks Outlook For The Week - 30.07.2018 To 03.08.2018

Cement Stocks Outlook For The Week - 30.07.2018 To 03.08.2018


             Equity Cash/Futures/Options Segment 

Stocks of cement companies are likely to rise next week as they look positive on technical charts. Most of the cement stocks gained this week and the momentum is likely to continue next week as well as ACC Ltd and UltraTech Cement Ltd are likely to be major gainers. Investors will keep a close eye on Apr-Jun earnings of cement companies. JK Cement Ltd will declare its quarterly results today and Shree Cement Ltd on Monday. JK Lakshmi Cement Ltd and Ramco Cements Ltd are scheduled to detail their earnings on Thursday. Investors will watch out for Reserve Bank of India's monetary policy statement on Wednesday. Any movement in benchmark indices after the central bank's statement is likely to impact cement stocks.

Source : Cogencis Information Services Ltd.

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