After opening with a loss of 154.01 points at 14,895.85, the benchmark index Sensex continued to trade in the pessimistic zone because of heavy profit booking witnessed in realty, power and metal stocks, while healthcare and IT stocks went up.

At 10.59 am, the 30-share index Sensex stood at 14.903.13, down 146.73 points. It also hit a high of 14,923.33 and a low of 14,766.01.

On the other hand, the broad based Nifty lost 57.50 points at 4,446.50, after touching a high of 4,514.60 and a low of 4,419.45.

Karvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries Limited (RIL) stock with an intraday target of Rs 2250.

According to Karvy, interested traders can purchase the stock between Rs 2200-2210 with a strict stop loss of Rs 2175. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 2255.
 

Stock market analyst Vishwas Agarwal said that the stock market is in safety zone above 14,786 level for traders with a target of 15,350, 15,555 and 15,786.

Regarding NSG meeting on nuclear contract to be held on September 4 and 5, Mr. Vishwas said that if the contract goes through, then the previously said level of 15,786 will be accomplished easily.

The 30-share index, BSE Sensex, which continued to trade strong since morning, has crossed 15k mark on the back of strong buying action witnessed across key stocks, 

At present (14:04 hrs), Sensex stood at 15,063.05, up 564.54 points, while the broad based Nifty gained 170.35 points at 4518.80.

Crude oil prices declined to around $106 per barrel and actuated some massive buying across the board on the major Indian stock exchanges this afternoon.

Karvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with a target of Rs 700 within 1-3 days.

According to Karvy, interested traders can purchase the stock above Rs 660 with a strict stop loss of Rs 645. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 710.
 

Stock market analysts have maintained ‘buy’ rating on HCL stock with an intraday target of 250.

According to them, interested traders can purchase the stock above Rs 242 with a strict stop loss of Rs 238. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 255.
 
Shares of the company, on Monday (Sep 01), closed at Rs 242.30 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 115489. Current EPS & P/E ratio stood at 11.68 and 20.91 respectively. The share price has seen a 52-week high of Rs 336 and a low of Rs 180 on BSE.