22nd September 2017- Pharma Sector Showing Buying Strength

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Among stocks Himadri Specialty Chemical (HSCL) rose 8.16%, the stock has jumped 93% after 11th Aug low. The Company Caters to 65% of the Indian aluminum and the graphite electrode industry requirement aluminum pitch. From last 1 month, graphite manufacturing companies are doing very well after, the government raised its focus on electric vehicles. Get Free Equity Tips on Mobile Call on 9644405056

The market witnessed profit booking in the 1st half, thus most of the stocks declined on profit booking. However, as the market showed some recovery few stocks jumped from their respective lows. Dwarikesh moved up by 8.89%, Tata Metalik rose by 5.70%, Graphite Jumped by 5.50% and Vindhya Tele rose by 5.43% from their day’s lows. Today Nifty opening gap down by 45 points at 10092 from yesterday close of 10137 as per SGX Nifty.

 

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