Stock Trading

Indian Market closes lower by 0.46 per cent

Indian Market closes lower by 0.46 per centIndian stock market ended the week lower with BSE Sensex at 17748 and NSE Nifty at 5381. The stock markets have given very positive returns in year 2012 and traders are expecting action in coming days in mid cap and small cap space.

As the BSE Sensex has seen a good bounce, many stocks have touched 52-week high during the last trading session of the previous week.

Cement major ACC touched 52-week high of Rs 1421 on Friday. In FMCG space, Britannia touched 52-week high of Rs 501.

Technology Stocks trading higher in 2012

Technology Stocks trading higher in 2012Most technology counters have seen a decent gain in year 2012. With the recent rise in US dollar compared to Indian currency, the earnings reported by most technology companies will see positive impact.

The outlook for next two quarters is stable and with recent jobless data from US, the economic scenario has seen improvement over the past two weeks.

Accumulate Call for Rolta by Prabhudas Lilladher

Accumulate Call for Rolta by Prabhudas LilladherResearch team at Prabhudas Lilladher has given an accumulate call for Rolta. The research report gave a target of Rs 90 for the stock.

However, the stock touched an intraday high of Rs 93.8 and managed to close above Rs 90 level on Friday.

Rolta results were little lower than market expectations. The company also witnessed a decline in its order book. The upcoming quarters could be challenging for Rolta.

Sensex slips into red after quiet start

Sensex slips into red after quiet startMumbai, Feb 10 : Having started trade on a dull note, a benchmark index for Indian equities markets Friday slipped into the red amid profit booking in blue chips like Infosys and ICICI Bank.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,817.59 points, was ruling at 17,781.22 points, 49.53 points or 0.28 percent down from its previous close at 17,830.75 points. The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading subdued at 5,400.55 points, down 11.8 points or 0.22 percent from its previous close.

Benchmark indices subdued, midcaps rise

Benchmark indices subdued, midcaps riseMumbai, Feb 9 - Benchmark indices at Indian equities markets were Thursday ruling dull a little before noon, but buying continued in mid-to-smaller sized scrips.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,647.8 points, was ruling at 17,664.55 points, 42.77 points or 0.24 percent down from its previous close at 17,707.32 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading subdued at 5,364.75 points, down 3.4 points or 0.06 percent from its previous close.

Indian markets ruling higher, Asian cues positive

Indian markets ruling higher, Asian cues positiveMumbai, Feb 8 - Indian equities markets were ruling higher a little before noon Wednesday, with a benchmark index trading 131 points higher amid positive cues from other Asian bourses.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,631.69 points, was ruling at 17,753.84 points, 131.39 points or 0.75 percent up from its previous close at 17,622.45 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading higher at 5,375.4 points, up 40.25 points or 0.75 percent from its previous close.

Sensex starts week on strong footing

Sensex starts week on strong footingMumbai, Feb 6 - Indian equities markets started on a positive note Monday with a benchmark index rising smartly to rule 175 points higher in morning trade.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,741.91 points, was ruling at 17,780 points, 175.04 points or 0.99 percent up from its previous close at 17,604.96 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading in the green at 5,376.2 points, up 50.35 points or 0.95 percent from its previous close.

Indian markets rally for the fifth straight week

Indian markets rally for the fifth straight weekMumbai, Feb 4 - Indian equities markets rallied for the fifth consecutive week with investors buoyed by the hope that the economy could shrug off the sluggishness of the past few months that would result in increased inflow of overseas funds.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended the week at 17,604.96 points, up 2.15 percent or 370.98 points from its previous week's close at 17,233.98 points.

Stocks of firms with tainted phone licenses fall further

Stocks of firms with tainted phone licenses fall furtherMumbai, Feb 3 - Stocks of firms that face cancellation of telecom licences after the Supreme Court order continued to rule in the red Friday, with investors expecting their subscribers to switch to older players not affected by the verdict.

The sharpest fall at the Bombay Stock Exchange (BSE) among the affected companies was seen in the scrip of Idea Cellular, which was quoting at Rs. 94.5 with a loss of 1.41 percent over the previous close.

Sensex weak in morning trade

Sensex weak in morning tradeMumbai, Feb 1 - A benchmark index for Indian equities started February on a weak note Wednesday with profit booking in banking and realty stocks pulling down the index.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,179.64 points, was ruling at 17,102.6 points about 30 minutes into trade Wedenesday, 90.95 points or 0.53 percent down from its previous close at 17,193.55 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also was trading in the red at 5,174.8 points, down 24.45 points or 0.47 percent from its previous close.

Sensex rises in morning trade

Sensex rises in morning tradeMumbai, Jan 31 - A benchmark index for Indian equities Tuesday rose smartly in morning trade and regained the 17,000 level with banking and realty stocks leading gainers.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 16,965.58 points, was ruling at 17,042.46 points about 30 minutes into trade, 179.16 points or 1.06 percent up from its previous close at 16,863.3 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading in the green at 5,145.3 points, up 58 points or 1.14 percent from its previous close.

Sensex slips in early trade

Sensex slips in early tradeMumbai, Jan 30 : A benchmark index for Indian equities Monday fell in morning trade and was ruling 166 points lower amid selling in capital goods stocks.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,138.04 points, was ruling at 17,067.87 points about 20 minutes into trade, 166.11 points or 0.96 percent down from its previous close at 17,233.98 points.

Sensex quiet in morning trade, above 17,000

Sensex quiet in morning trade, above 17,000Mumbai, Jan 25 - A benchmark index for Indian equities was ruling quiet in morning trade but managed to cross the 17 000 mark Wednesday, a day after rallying post the RBI cutting cash reserve ratio.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17.068.85 points, was ruling at 17,022.18 points about an hour into trade, 26.41 points or 0.16 percent up from its previous close at 16,995.77 points.

The Sensex had risen 244 points Tuesday, buoyed by RBI's signal of easing interest rates in forthcoming reviews and on the CRR cut which will boost liquidity.

Indian markets quiet ahead of credit policy

Indian markets quiet ahead of credit policyMumbai, Jan 24 - Indian equities markets were ruling quiet in Tuesday morning trade as investors cautiously awaited the third quarterly review of the monetary policy by the Reserve Bank of India.

The majority view is that the central bank may keep a status quo on key interest rates.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,806.72 points, ruled at 16,805.74 points, 54.01 points or 0.32 percent up from its previous close at 16,751.73 points.

Sun Pharmaceuticals inds. Ltd Buy Call: Abhishek Jain, StocksIdea.com

Sun Pharmaceuticals inds. LtdCompany Started its operation with just five psychiatry brands in the year 1983. Company has emerged as one of the leading pharmaceutical companies in India, and one of the largest Indian companies in the US generic market. In India Company is the largest specialty prescription company. In the US, it offers a comprehensive portfolio of generics including controlled substances and dermatologicals. Sun Pharma has presence in 40 other markets. In the US, Company has built a strong pipeline of generics, directly and through its subsidiaries Caraco and Sun Pharmaceutical Inc.

Indian markets quiet ahead of monetary policy

Indian markets quiet ahead of monetary policyMumbai, Jan 23 - Indian equities markets were sluggish a little before noon Monday, as traders were cautious ahead of the third quarterly review of the monetary policy by the Reserve Bank of India.

The policy review will be Tuesday but the majority view is that the central bank may keep a status quo on key interest rates.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,667.02 points, ruled at 16,715.71 points, 23.3 points or 0.14 percent down from its previous close at 16,739.01 points.

Sensex continues with upswing, 120 points higher at noon

Sensex continues with upswing, 120 points higher at noonMumbai, Jan 20 - After rallying smartly in the previous session, a benchmark index for Indian equities markets was ruling 120 points higher around Friday noon on improved investor confidence across the globe. Gainers were led by banking, consumer durables and realty stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,745.01 points, ruled at 16,764.08 points, 120.34 points or 0.72 percent up from its previous close at 16,643.74 points.

Sensex slips into red, IT stocks lose

Sensex slips into red, IT stocks loseMumbai, Jan 18 - Indian equities markets slipped into the red around noon Wednesday with a benchmark index giving up modest gains amid selling in IT and telecom stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,502.42 points, was ruling at 16,447.12 points, 18.93 points or 0.11 percent down from its previous close at 16,466.05 points.

The Sensex had rallied over 276 points in Tuesday's trade.

Asian cues help Sensex rise 245 points in noon trade

Asian cues help Sensex rise 245 points in noon tradeMumbai, Jan 17 - Helped by positive Asian cues, a benchmark index for Indian equities markets was ruling about 245 points higher around noon Tuesday.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,270.87 points, was ruling at 16,434.66 points, 245.3 points or 1.52 percent up from its previous close at 16,189.36 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also was trading in the positive at 4,953.45 points -- up 1.63 percent or 79.55 points from its previous close.

Sensex in red, energy banking scrips under pressure

Sensex in red, energy banking scrips under pressureMumbai, Jan 16 - A benchmark index for Indian equities markets Monday was ruling in the red Monday noon, with energy and banking scrips acting as a drag. Negative cues from Asian markets was also a dampner.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,086.74 points, was ruling at 16,078.39 points, 76.23 points or 0.47 percent down from its previous close at 16,154.62 points.

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Technical View on Stocks
Anil ManghnaniRajat BoseVijay BhambwaniAmbareesh BaligaPrakash GabaSudarshan SukhaniAshwani GujralAshu Madan

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