Stock market analysts have maintained ‘buy’ rating on Tata Steel stock with an intraday target of Rs 540.

According to them, interested traders can purchase the stock above Rs 535 with a strict stop loss of Rs 532. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 545.
 

Stock market analysts have maintained ‘buy’ rating on Cairn India Limited (CIL) stock with an intraday target of Rs 227.

According to them, interested traders can purchase the stock above Rs 223 with a strict stop loss of Rs 220. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 230.
 
Shares of the company, on Wednesday (Sep 10), closed at Rs 224.30 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 453270. The share price has seen a 52-week high of Rs 342.50 and a low of Rs 136 on BSE.

Indian equities, on Wednesday (Sep 10), marked their closure on a negative note on the back of discouraging worldwide signals.

Heavy selling action was seen across metal, oil & gas, power and realty stocks.

Midcap and smallcap stocks also contributed to negative reactions that pulled the stock index down.  

After opening with a loss of 183.23 points, at 14,717.53, the 30-share index, BSE Sensex traded weak for the whole day.

Indian equities continued their negative journey on Wednesday (Sep 10), as discouraging news poured in from world markets.

Metal, power, realty and PSU stocks suffered heavy selling action.
Capital goods and bank stocks managed to find modest support at lower
levels.

IT stocks went up. Some auto, FMCG and pharma stocks gained on
selective buying support. Mid-cap and small-cap stocks lost their way
after a fairly steady start and closed the day with sharp losses.

The 30-share index BSE Sensex continued to trade weak on account of sustained selling action seen in the metal stocks followed by oil & gas, power and banking stocks.

Midcap index fell 0.27%, whereas Smallcap surged 0.07%.

Today, the BSE Sensex opened after losing 183.23 points at 14,717.53.

At 12:54 p.m., the 30-share index Sensex stood at 14,803.53, down 97.23 points, after hitting a high of 14,866.32 and a low of 14,714.52.

Stock market analysts have maintained ‘buy’ rating on Bharat Earth Movers Limited (BEML) stock with an intraday target of Rs 792.

According to them, interested traders can purchase the stock above Rs 785 with a strict stop loss of Rs 780. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 794.