Best Shares to Buy Today : 13th July Thursday

Equity benchmark indices extended their gains from the morning session, with the Nifty and Sensex both holding to their fresh milestones. In fact, the Nifty was seen heading towards 9900-mark. The Sensex was up 234.95 points at 32039.77, while the Nifty was up 66.60 points at 9882.70. The market breadth was narrow as 1,450 shares advanced against a decline of 868 shares, while 135 shares were unchanged. The gains on the index were led by ITC, ICICI Bank and Indiabulls Housing, while the top losers were ONGC, Tata Motors, IOC and Bharti Infratel. Midcaps registered strong gains, while FMCG and banking stocks too followed suit.

By keeping an eye on every movement of shares, your investment can be safely done. Here we are telling such stocks which will remain in the news today and on which the market will look.

PC Jewelers / Titan / TBZ

Now will have to pay GST on to sell old jewelry under the GST or repair. Now after the GST is implemented, the jeweler will take you 3% GST under the reverse charge i.e., 3 thousand GST on the jewelery of 1 lakh. But if you take new jewelry in exchange for old jewelry Tax will return while paying 5 per cent GST on repair Puranas jewelry. Jewelry repair service will be charged.

Syntex Industries

Morgan Stanley has bought 0.66 percent stake in Syntex Industries. Morgan Stanley has bought 36 lakh shares of Syntex Industries at a price of 28.95 per share.

Thermax

Thermax has signed a contract to increase stake in the subsidiary. Thermax stake in First Energy plans to increase from 54 per cent to 76 per cent.

Specialty Restaurant

Under the specialty restaurant franchise, there will be 3 restaurants opened in Dubai. Specialty restaurants have given rights to resolute restaurant management to open restaurants in Dubai.Specialty restaurants will open restaurants in Dubai under the Mainland China Asia brand.

Shriram Transport

Due to the merger, S & P’s Shriram Transport is looking at the credit rating. After the merger with IDFC, the ratings of Shriram Transport may decrease.

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