Stock Trading

Rajasthan Spinning should soon cross 130 levels with their current growth plans: Sanjay Chabria

According to Investment Consultant Sanjay Chabria, one should wait for some more time to get a return of 40-50% from current levels in RSWM. The company has good business model, and once the value of this stock starts moving up, it will cross Rs 130 without any problem.

Chabria stated, “Rajasthan Spinning new name is RSWM. It is part of the LNJ Bhilwara Group, it’s the leading manufacturer of synthetic yarn and fabrics in the country. The company has a well-established fabric brand Mayur Suiting in the domestic market. The company is undergoing a capacity expansion plan under which it will be investing Rs 900 crore for all its capex plans till FY2009.”


Nifty June 2007 Futures At Marginal Cut-Rate

The Nifty June 2007 futures settled at 4242, a discount of 6.65 as against spot closing of 4248.65
In the past fe sessions, the overall proceeds on NSE’s F&O division has been gaining ground. Today, it came up to Rs 41,733.11 crore than Rs 37,415.18 crore on 19 June 2007.

The Nifty July 2007 futures settled at 4235.10, a discount of 13.55 as compared to spot closing of 4248.65
SBI June 2007 futures settled at a premium, at 1435, compared to the spot closing of Rs 1428.25.
Reliance Capital June 2007 futures settled at a premium, at 1112.90, compared to the spot closing of Rs 1111.


BSE Mid-Cap Index touching new levels

The BSE Mid-Cap Index climbed up 33.74 points, or 0.53%, to close the day at 6,373.76. It also touched its lifetime peak of 6,397.15 during the day.

IVRCL Infrastructure (up 1.71% to 367.75), Amtek Auto (up 1.57% to Rs 420.75) and Great Eastern Shipping Company (3.68% to Rs323.65) were the main components contributing to the index's heave.

IVRCL Infrastructure, Divi’s Lab (which was down), Amtek Auto and Great Eastern Shipping Company have weightages of 1.58%, 1.44%, 1.41% and 1.36% respectively, in the BSE Mid-Cap Index.


Q1 Results Raise Market Expectations – Abhay Aima

Market Analyst Abhay AimaAccording to market analyst Abhay Aima that markets will take signals from Q1FY08 results.
Mr. Aima also said that existing interest rates would not restrain the growth.
The main determining factor for market actions in the near-term will be liquidity. Markets are not overvalued and not very cheap either.
Though, the rising rupee would not impact companies with sturdy fundamentals.


BSE Mid-Cap Index Arrives At New Crest

BSE SensexThe BSE Mid-Cap Index has made fresh all-time highs during this intermediate uptrend. It augmented 33.71 points, or 0.53%, to end at 6,417.90. It also hit a record high of 6435.32 during the day.
The components taking the BSE Mid-Cap Index to an upper rank include Entertainment Network, which increased 20% to Rs 506.60, Novartis India gained 14.42% to Rs 398.30, Honeywell Automation boosted 9.81% to Rs 2060, Lakshmi Energy benefited 9.19% and Titan Industries attained 8.78%. But all these stocks have less than 1% weightage each in the BSE Mid-Cap index.
With the second highest weightage of 1.4% in the BSE Mid-Cap index, GE shipping Company cast off 3.45% to Rs 335.90.


Market Trend Is Cheerful And Constructive - Brokers Prospect

B Sahu, Khandwala Securities said that today market being knocking down by 96 points was estimable for the market as alteration is long overdue. Overall money flow in the market is fine, FIIs are pouring in money in the markets since last few trading sessions.

According to him, this is the moment for re-balancing and reshuffling the range. He commends investors to gather stocks of companies that are expected to nurture in coming future.

“It is moment to select your sector and stock,” said Mr. Sahu.

He also added that overall market trend is cheerful and optimistic. Tomorrow (July 26) is a decisive day for market because of F&O expiry. So, investors should watch out for global cues for Thursday`s trading session.


Accumulate Satyam Computer - Khandwala Securities

Khandwala Securities LimitedResearch firm Khandwala Securities has recommended collected rating on Satyam Computer Services.

Khandwala Securities report on Satyam computers:

Consolidated Results for quarter ended June 30, 2007

• Revenue was Rs 18, 302 million, YoY increase of 26.8% and a sequential increase of 2.9%.
• Net Profit after Tax was Rs 3,783 million, YoY growth of 6.9% and a sequential fall of 3.9%.
• EPS was Rs 5.7, a YoY increase of 4.4% and a sequential fall of 3.9%.


Unitech’s Support Level at Rs 550

Rahul MohindarUnitech said that ‘Unitech’ has support at Rs 550.

Mr. Mohindar said: “Real estate and infrastructure these are –these are spaces that we linked. On declines we are looking at buying opportunities. We have been commending Unitech for some time, Rs 620-650. Those are the medium term and long term targets respectively. I think the intra-day correction that we have seen today is really an opportunity to buy. There is very big support at about Rs 550 for this stock. So, Unitech would be one, which we will pick in real estate.”


DLF Is Brilliant For Short Term Gains

DLF GroupDLF has declared the first quarter results and it records a net profit of Rs 1515.48 billion for the period ended June 30, 2007.

The company’s earning per share (EPS) stood at Rs 9.87, and its operating profit margin was at Rs. 56.4% in the first quarter of FY08.


Ranbaxy Laboratories May see 7-8% Upside

Ranbaxy Laboratories LimitedRahul Mohindar of Viratechindia proposed that the investors should hold Ranbaxy Laboratories as it may have a good 7-8% upside.


Keep a Close eye at IDBI - Rahul Mohindar

It was a IDBI Bankfeeble day for the stock markets followed by instability and indecision due to sub prime mortgage concerns.

Sensex lost 207.83 points at 15100.15, while the Nifty ended 58.90 points down at 4403.20.

Rahul Mohindar of Viratechindia.com is optimistic on IDBI

The Industrial Development Bank of India Limited (IDBI) is one of India's top public sector banks. It was founded in 1964 by an Act of Parliament as a wholly owned subsidiary of the RBI to offer credit and other facilities for the growth of the fledgling Indian business.


Four Wheeler Auto Stocks Good For Long term Gains

Viratechindia’s Rahul Mohindar has suggested investors to invest in four wheeler auto stocks for long-term.

Mohindar told, “Auto stocks look interesting, Maruti, Tata Motors, across the board there in the four wheelers segment one could see some buying at lower levels. So, one would look at investing into these stocks for a longer-term perspective.”

He further added that four wheeler auto stocks are best for those who want to invest money to reap gains in the long term. But those who want quick gains should avoid these stocks.


Another Downside Of Rs 100-150 In SBI Looks Imminent : Rahul Mohindar

Rahul Mohindar of Viratechindia said that there is a possible downside in SBI’s stock value.

He said that the stock will experience other downside of Rs 100-150 with a short-term to medium-term viewpoint.

Mr. Mohindar stated, “In SBI, there is a visible short opportunity clearly because the stock looks much overstretched, it has reacted from more than Rs 1700 levels on its way down. So, I think technically we would have achieved almost all targets on both shorter-term and longer-term counts.”

He doesn’t believe that the SBI stock can do much on the positive aspect.


Infosys Has Strong Support At Rs 1850, Says Rahul Mohindar

Infosys TechnologiesRahul Mohindar of Viratechindia has suggested a support level for Infosys Technologies at Rs 1850.

Mohindar stated, “If one looks at the last five months data of Satyam, it more looks like a move from Rs 450 to more than Rs 500 levels. It has really been working itself within these levels, so we have not been very bullish. I think the investorsstocks like Satyam and I still think that there is still some pain in that stock. So there is possibly a visible downside of another 10% but I do not see too much more than that."


Stay Invested in DLF to Reap More Money

DLF GroupRahul Mohindar of Viratechindia is of the view that DLF can move upto Rs 620-630.

Mohindar narrated, “GMR Infra certainly has broken out of Rs 850 but what I would caution is unless this stock really closes once or twice over Rs 850, we really can’t call this a breakout. So we need to see this stock really holding up on a closing basis.”

He further added that the stock too is optimistic at these levels, and the investors don’t see much downside there. There is very big support at about Rs 560, obviously this is a temporary call and the stock can lift up about Rs 620-630 level. And that’s where the investors expect some selling pressure.


Ashwani Gujral Sets High Target For Ambuja Cement

Ambuja CementTechnical Analyst, Ashwani Gujral is of the vision that Ambuja Cement has target of Rs 155.

Gujral said, “Ambuja Cement at this point probably looks a little better although large cap cement is not showing the kind of moves that mid cap cement is showing. For Ambuja Cement Rs 130 seems to be a good support, and Rs 155 can be a good target. But large caps don’t seem like they are going to make new highs, they seem to get stuck and some bad news tends to come whenever they retest their previous highs.”


Enter markets at every Downfall - Indian Companies are Fundamentally Strong

Stock MarketThe stock markets internationally have been falling on worries that the sub-prime problem is dispersing to other sections and areas, and India seems to have jumped onto that trend. Here are some stocks that investors can buy in this descending market.

Anil Manghnani is confident on Kotak Mahindra Bank, Cummins, IFCI, Axis Bank, and Reliance Capital from among the Nifty Junior.

From the Nifty, Mr. Manghnani wishes all the capital goods stocks including ABB, L&T, and Bhel. He also likes HDFC, HDFC Bank, Bharti, Reliance Industries, Zee, Tata Steel, and Sail.


Prism Cement A Decent Mid-term Bet

Prism CementSharmila Joshi of Asit C Mehta said that it’s the profitable time to hold Prism Cement.


Baliga Suggests Long-Term Level For Infosys

Infosys TechnologiesAmbareesh Baliga of Karvy Stock Broking believes that Infosys Technologies can definitely touch Rs 2200-2400 in the coming 6-9 months.

He suggested investors to hold the stock for long term, and when it reaches or crosses this expected level, they can make their profits from this evergreen stock.


Orbit Corporation has next target of Rs 450: Ashwani Gujral

Orbit CorporationTechnical Analyst, Ashwani Gujral has suggested a secure level for Orbit Corporation at Rs 450.

He is fully confident that the stock will touch this level in near future. So he has suggested the investors to hold up the stock to make a good profit. It is also important to watch every moment of the stock. Don’t worry, if the stock goes below its existing level.


GMR Infrastructure Can Surely Test Rs 1000 – Ashwani Gujral

GMR GroupTechnical Analyst, Ashwani Gujral is of the vision that GMR Infrastructure can surely test Rs 1000.

Gujral told, “GMR Infrastructure is going through its normal correction and now it’s beginning to move up. If it can stay above Rs 850 sort of region, we could go back to Rs 1,000 probably further in case the market also turns.”


Stock Markets Likely to be Volatile on Tuesday - Brokers Viewpoint

Rahul Agarwal, VP, Institutional Sales, LKP Shares, said that today stock market was performing steadily because of the absence of aggressive selling. Volumes remained on the lower side as less of institutional buying was seen today. There was broad-based buying across all the sectors, though IT sector under-performed markets. He expects volatility with a negative bias to be seen in the Tuesday`s trading session.

Bhupendra Sharma, vice president, Hornic Investments stated that today market traded decisively all through the day, as it ended the day 149 points. It was mainly because of good worldwide cues. No major buying took place today. There was careful buying and the majority of the small cap companies did well today.


Reliance Energy Can Touch Rs 900 - Ashwani Gujral

Reliance EnergyAccording to Technical Analyst Ashwani Gujral, Reliance Energy can surely touch Rs 900. He suggests investors to hold the stock for hefty gains within few months.

Gujral told, “Hindalco remained a weak sort of metals stock and it’s probably in a range of Rs 145 to about Rs 185. Metals overall have weakened, commodity prices have taken ahead because of all of this.”


It’s Time To Hold IFCI, Says Jain

Rajesh Jain of Pranav Securities believes that it’s beneficial to hold Industrial Finance Corporation of India, IFCI at the moment. IFCI is a slow mover, but it has lots of potential to go up.

Jain told, "In the best of situation, if everything goes the right way then IFCI could give you almost a 50% gain from this point. If you look at the portfolio that IFCI has to offer to an investor at this point, there are NPs for which recoveries have started you could almost raise Rs 2,000-2,500 crore out of that. The hidden real estate value put anywhere between Rs 3,000-4,000 crore."


Stock Market To Track Global Signs On Thursday - Technical Analysts

Rohit Mehta, head equities, Dimpi Investments said that yesterday the stock market caught stock specific trends only and closed after losing 16 points. There was no major action in the stock market. But, fertilizer sector did well.

He anticipates market to obtain clues from the international markets in Thursday’s trading session. For the next 10 days, worldwide markets would be directing Indian market motility. He is confident on Nagarjuna Fertilizer for the coming trading session.

Vishal Lakhani, senior dealer, Networth Stock Broking stated that yesterday, the market stayed unconditional, as no major buying was figured. There was no large volume, excepting the power sector companies including Reliance Energy, Tata Power and NTPC.


Buy Bharti Airtel, RIL, SBI For Steady Gains - PN Vijay

Portfolio Manager PN VijayPortfolio Manager, PN Vijay suggests investors to purchase Bharti Airtel, State Bank of India, SBI, Reliance Industries with a 6-12 month outlook.


Religare touched a high of Rs 601 on its First Day in Stock Markets

Religare Lists on Stock Exchanges with Premium

Religare Enterprises has got listed on Stock Exchanges today. The stock has offered decent returns to investors. The IPO was over-subscribed by 156 times. Good amount of premium was expected by technical analysts on listing of Religare. Ranbaxy’s Investment Services Company Religare has a good balance sheet. The company is trading at a decent P/E ratio and the investment & finance sector is booming.


Deccan Aviation

Deccan Aviation is looking strong at current levels. The stock has moved quite nicely yesterday. Even in weak market, the stock is holding strong today. The stock closed at Rs 192 on NSE yesterday. Today, Deccan Aviation has touched a high of Rs 212 and till 12.50, the total volume on NSE crossed 78 lakh shares.

Deccan Aviation can profit in the years to come. The company is in secure hands. After Vijay Mallya bought stake in Deccan, lot of positive news have come on this counter. The company is biggest low-cost carrier in the country.


Colgate Palmolive

Colgate Palmolive (India) is holding strong in today’s weak stock markets. The stock has seen a decent rise in recent trading sessions. The management announced that Colgate will reduce its stock face value to Re 1 per share.

Colgate Palmolive Board has decided to offer Rs 9 to each shareholder in cash. The company will not split the stock, but will reduce its price to Re 1 each from the current face value of Rs 10.

The trading in equity shares of Colgate Palmolive India Ltd on the stock exchanges shall be suspended from November 29 on account of reduction of equity share capital.

The stock is hovering around its 52-week high. Colgate Palmolive has touched a high of Rs 418.80 in today’s trading session on National Stock Exchange.


Caution for Small Investors

Indian Stock Markets fallSmall investors should be cautious in Stock markets for the current week. The Indian stock markets have been falling due to selling pressure. Mid-cap stocks have also reacted sharply. BSE Sensex lost nearly 3.7% as traders reduced their positions.

Small investors should stay away for some time from the stock markets. There may be some opportunity at lower levels in some select counters. Investors should only buy in those counters if they can hold on for some time. The expiry for November contracts for F&O is also approaching. So, the selling pressure could be higher.


Buy Polaris Software

polaris_logoPolaris Software is looking strong, and it will surely reach above Rs 122 in the short run.

Investors with a high-risk desire can consider an exposure in the Polaris Software stock taking advantage of the recent weakness.

Stock analysts have a buy recommendation outstanding on this stock. The stock has seen a decent rise in recent trading sessions.

Interested investors may buy the stock around 110, with a stop loss at Rs 106. Yesterday, the stock marked its closure at Rs 115.10, up 4.8% on BSE. Investors can surely reap good returns from this brilliant stock.


ACC Limited

acc_logoInvestors are suggested to buy ACC Ltd for intraday trading for 22 November for good returns. The stock was holding strong is yesterday's weak market and there may be decent gains if the market doesn't fall further. If the market falls, investors should exit the stock. For intraday trading the stop loss should be put around 1% less than yesterday's closing.

It is the stock that will perform brilliantly in these days, and this will definitely left capitalists with great earnings in the said time period.


Zenith Birla

Zenith Birla India LtdZenith Birla is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 61. The stop loss is at Rs 59, and it will definitely reach above Rs 67-70.

Zenith Birla is looking too strong at current levels. The stock closed at Rs 64.60 (up 7.5%) on BSE yesterday. The 52-week high of the stock was Rs 65.90.

Buy the stock and see the difference. It will really outperform the stock market.

Zenith Birla (India) is eyeing the oil and gas pipeline market in the US and West Asia.


Pioneer Embroideries

pioneer groupTechnical Analysts have suggested investors to buy Pioneer Embroideries as it is a good stock for intraday dealings.

Investors can purchase Pioneer Embroideries stock at around Rs 177 to achieve a target of Rs 208-214. The stock has performed brilliantly in yesterday’s weak market. If the stock market declines, investors should leave the stock.

Pioneer Embroideries Ltd has informed BSE that the company has signed up a development contract with Sunteck Realty & Infrastructure Ltd, for expansion of its property, located at Hakoba Compound, Western Express Highway, Borivali (East), Mumbai.


Buy Redington India

Redington (India)Redington (India) has an intraday target of Rs 318-336. So, the interested investors should purchase Redington (India) stock with a stop loss at Rs 300.

In early trading, the stock is hovering near Rs 305, down 0.3% from its yesterday’s closure on BSE.

Investors need not to worry as the stock has the capacity to break its earlier records, and achieve the said target.

Redington India is in the process of getting hold of a Delhi based Non Banking Finance Company (NBFC), Easyaccess Financial Services. The deal is subject to the necessary regulatory approvals.


Omaxe Delivery Call

Indiabulls research has suggested to buy Omaxe to be sold tomorrow. The delivery call for the day has been given as the stock has performed well in an otherwise weak market.

The stock has gained 6.6%. The stock can offer decent gains tomorrow. The market improved very quickly towards the end of trading session. Technical analysts expect a pull back from lower levels.

Real Estate leader Omaxe has touched a high of Rs 376.60 and a low of Rs 345 in today’s trading session on National Stock Exchange.


GMR Infra Delivery Call

Technical Analyst Deepak Mohoni has suggested to buy delivery call of GMR Infra in case the stock crosses Rs 330 before 3.20 pm. The closing market calls comes as the stock exchange has regained very smartly in last 30 minutes of trade.

The stock markets were trading lower for most part of the trading session. Markets tried to come back into green many a times, but the gains could not be sustained.

GMR Infra has been trading strong in today’s weak markets. The stock has traded on an average of Rs 228 on National Stock Exchange.


Markets looking Strong Today

Indian Stock Market looking strongStock markets witnessed a strong pullback in the last 30 minutes of trade. Technical Analyst Anil Manghnani feels that the markets may remain strong today. The NSE Nifty recovered very smartly and took support from a strong level of 5387.

The technical charts indicate that the market has recovered from the losses very fast and today the relief rally may continue. At least, the markets will gain today in intraday session, the closing for the day may decide the market movement for next week.


Reliance Industries

RILAn investment may be considered in the stock of Reliance Industries, as there are full chances of upside potential today.

Investment advisors are of the view that investors should buy Reliance Industries at around Rs 2725. The outlook appears positive. The upside price target is Rs 2,774.

Yesterday, the stock performed well, and closed at Rs 2,728.80 after making a gain of 0.3 percent.

Reliance Industries Ltd (RIL) has also declared that its wholly owned subsidiary Reliance Exploration and Production (REP) DMCC has signed the Production sharing Agreement (PSA) for two Exploration Blocks in Yemen on November 20, 2007.


D-Link India

D-Link IndiaInvestors with a quick perspective can consider taking fresh exposure in the D-Link stock. It has an excellent chart, and this is the time you must go with this stock to make good profit. The stock has seen a decent rise in recent trading sessions.

D-Link India has an intraday target of Rs 107-115. So, the interested investors should purchase this stock with a stop loss at Rs 96.

Investors need not to worry as the stock has the capacity to break its earlier records, and achieve the said target. Yesterday the stock performed brilliantly and gained around 15% at Rs 99.65.


Omaxe Ltd

Omaxe LtdStock analysts have suggested investors to buy Omaxe Ltd to make quick gains.

Interested investors may buy the stock with a stop loss at Rs 362, to attain a target of Rs 381-395. Yesterday, the stock has performed well, and closed the day after gaining 5.1% at Rs 367.90.

It also touched a high of Rs 376.60 and a low of Rs 345 in yesterday’s trading session on NSE. It can surely offer decent gains in today’s trading session.


Buy Rain Calcining

Rain Calcining LtdMake profit from Rain Calcining, as it is a brilliant stock for intraday dealings.

It will surely make decent gains today even though the rest of the market will fall. Grab with both hands as much of Rain Calcining stock as you can.

The CMP is Rs 57.90, and the intraday target is between Rs 62 to Rs 66, with a stop loss at Rs 57.

Yesterday, the shares gained 8.63%, to settle at Rs 57.9. The total volume of shares traded was 1,956,757 at the BSE.


Reliance Communications Limited

RCOMReliance communication has maintained its profit margin at top class.

It is said that the telecom sector will develop at the rate of 26% for next 4 years. Definitely, RCOM is the best bet in telecom segment. Yesterday, the RCOM stock marked its closure at Rs 678.00, up 0.6%.

Presently, the stock is on its weak side at Rs 673.00. Those who want to reap gains from intraday trading can purchase this stock with a stop loss at Rs 668, to attain a target of Rs 696-70.


Everest Kanto Cylinder Limited

EKCEverest Kanto is looking strong at current levels.

Presently, the stock is hovering around Rs 323 on BSE. Interested investors can purchase the stock at current level, to achieve a target of above Rs 345.


Neyveli Lignite Delivery Call

Neyveli Lignite
Neyveli Lignite has gained nearly 16.4% in today’s trade. The stock can be picked up. The stock has been recommended by IndiaBulls research for delivery for short term gains.

The stock was down quite substantially in yesterday’s trading session. As Neyveli Lignite has covered the losses very quickly, the stock looks technically strong for the opening trade in next session.

The range for the day has been 181.15 to 213.25 on National Stock Exchange.


Buy Call JP Hydro Power

JP Hydro is another stock recommended for delivery on Friday’s close. The stock has gained almost 10 percent right now. The stock has touched a high of Rs 109.

After crossing the level of 105, the stock looks in uptrend. The stock can offer decent returns in short term. If the stock markets remain positive on Monday, one can expect an intraday gain of nearly 5 percent in the stock.

The stock is trading at a P/E of 32. The company has strong fundamentals and there are many projects in the pipeline. One can even keep this stock for medium term.


Indraprastha Gas Buy Call

Technical Analyst Deepak Mohoni has suggested investors to buy the delivery of Indraprastha Gas if the stock manages to stay above Rs 152 after 3 pm. The Delivery call is given based on the technical charts of the stock.

One can expect decent returns on Monday from Indraprastha Gas. The stock may offer around 5 – 7 percent return in early trades. This can be a good point to exit, but in case the investors can stay long, the stock looks promising.


TCS Futures Sell Call

Stock Market Analyst Deepak Mohoni has suggested the investors to sell TCS futures if the contracts are trading below Rs 959 after 3 pm. The Stock may see more weakness if the closing is lower than these levels.

Technology stocks have not been performing in recent two months. Most of the technology companies having overseas earnings are facing tough times due to weakness in US dollar. US Dollar is expected to stay weak in coming years and this is having a direct impact on the topline of Technology companies.


Hanung Toys Intraday Call

Hanung Toys can be bought for intraday trading on Monday. The stock gained 5 percent on Friday and ended at Rs 241.65 on National Stock Exchange. The stock also hit a 52-week high of Rs 248 on Friday.

For intraday, the stock can be touch targets of Rs 252 and 262. Traders should use 237 as a stop loss. The stock can be bought in the range of Rs 240 – 247 in opening trades.


Neyveli Lignite Buy Call

For Neyveli Lignite Corporation, we had given a delivery call on Friday. You can even buy the stock for intraday in today’s trading session.

For intraday, Neyveli Lignite can be bought between Rs 212 – 220. The targets for the day are 230 and 242. Please keep a strict stop loss of Rs 206 for this counter. In case of delivery, the stop loss is Rs 198 on closing.

The stock gained decently on Friday on back of high volumes.  With a huge volume of 11,890,719, Neyveli Lignite gained 18.83% on close of Friday’s trading on NSE. The stock has touched a 52-week high of 227.

The stock is expected to move up today on back on huge volumes and should touch another yearly high.


Markets Looking Strong

BSE Sensex looks strongStock markets are looking strong. The overseas markets closed the week on a strong note. One can expect the NSE Nifty to gain 100 points in early minutes of trade. BSE Sensex ended 326 points higher at 18852. Market experts expect BSE Sensex to cross 19,000 levels today. While NSE Nifty managed to close over 5600 with a gain of 89 points.

Most of the Technical Analysts are suggesting buy calls for intraday traders with an expected appreciation of 4 – 6 percent.


Reliance Energy Limited

Reliance EnergyInvestors with a quick viewpoint can consider taking fresh exposure in the Reliance Energy stock. It has shown brilliant upward movement on Friday, and this is the time you must go with this stock to reap good returns.

The stock has seen a decent rise in recent trading sessions. It has gained 7.5% on Friday, and there are lots of big expectations from this stock in today’s session.

Reliance Energy has an intraday target of Rs 1774-1823. So, the interested investors do not miss the opportunity, and purchase this stock with a stop loss at Rs 1692.


Indian Bank Intraday

Indian Bank gained 10% in the trading session on Friday. The stock closed at 166.85 on National Stock Exchange.

Indian Bank is good for intraday trading on Monday. Day Traders can enter the stock anywhere between Rs 164 – 168. The stock may touch 174 and the next target is Rs 179.

On National Stock Exchange, Indian Bank volumes were at 576596. The stock has touched a 52- week high of Rs 178.5. The stock may touch a 52-week high if the markets remain strong today.


Escorts Buy Call

EscortsStock analysts have suggested investors to buy Escorts stock to make quick gains. It has gained 8.4% on Friday, and marked its closure at Rs 148.15 on BSE.

Analysts said that this stock looks brilliant for intraday trading on Monday. Interested day traders can buy the stock between Rs 145-147. The stock may surely touch 154 and the next target is Rs 160.

So, don’t miss the opportunity. Grab with both hands as much of Escorts stock as you can. The stock has touched a 52- week high of Rs 172.45.


HCL Technologies

HCL Make profit from HCL Tech, as it is a brilliant stock for intraday dealings. The stock has gained 4.42% on Friday, and closed at Rs 303.75.


Power Grid Corp

Power GridPower Grid stock is looking strong at current levels. Interested day traders can enter the stock between Rs 150-152 to achieve a target of Rs 158.

Presently, the stock is hovering around Rs 156 on BSE.

Power Grid Corporation of India (PGCIL) announced on Friday the formation of joint venture with Reliance Energy. The shareholders agreement and other agreements to this effect were signed between PGCIL and Reliance Energy.


Buy Reliance Capital

Reliance CapitalTechnical analyst Rajat K Bose has suggested investors to buy Rel Capital for intraday trading.

Currently, the stock is hovering around Rs 2345, and it is good for investors to purchase the stock at Rs 2,339, if the stock falls, otherwise grasp it between Rs2,342-2,344, to achieve an intraday target of Rs 2428.

The maximum target for the day is Rs 2478, and the investors have a stop loss below Rs 2275.


Bajaj Auto Buy Call

Bajaj AutoTechnical analyst, Rajat K Bose has recommended that Bajaj Auto is looking strong for intraday trading today.

He also suggested that the interested investors can buy the stock with a stop loss below Rs 2460 for targets of Rs 2550 and Rs 2562

The CMP is Rs 2,580.00, up 1.8 percent.

Bajaj Auto announced an extension of its festive season offer of Rs 4,000 discount on 100 cc bike Platina till December, reports Economic Times.

The company slashed prices of Platina to Rs 30,000. The response for the offer has been good, as a result, the company extended this offer till the year end.


Indoco Remedies

The Stock has seen a tremendous run today. The stock can be bought at current levels with a target of Rs 415.

Today the stock has gained over 14 %. The total volume has crossed 50 thousand shares on NSE. Indoco Remedies has touched a 52-week high of Rs 369 on National Stock Exchange. The company stock is trading at a P/E of 46.

The company has recently informed the exchange that Mumbai High Court has passed the Composite Scheme of Amalgamation and Demerger.

Company has strong fundamentals and there may be good positive announcements from the Board of Directors soon. The AGM for Indoco Remedies is on 22, December, 2007. The Board has proposed a dividend of 65% or Rs 6.5 per share.


IMP Powers Delivery Call

IMP Powers is a good stock for delivery with a target of Rs 430 in three months. The stock is currently trading at Rs 210 on National Stock Exchange. The volumes on National Stock exchange stood at 365k till 2.50 pm on Monday.

Power Sector has been performing well in past couple of months. Expectations from power counters are high and returns should be decent over next two quarters. The company may see good results as the demand for transformers is expected to pick up.

The company has recently posted impressive results. The net income has gone up by 38.71 percent at Rs 266.93 million. The AGM of the company will be held on November 30, 2007.


Deccan Aviation Delivery

Technical Analyst Deepak Mohoni has suggested a buy call for Deccan Aviation in case the stock manages to stay above Rs 199 after 3.15pm in today’s trading session.

The stock has touched a high of Rs 200.90 on NSE. Currently, the stock is trading at Rs 198 with a gain of 4.18 percent on NSE.

The fundamentals are looking strong and there is a story of reverse merger as well. In recent trading sessions, stock has seen high volumes. The stock had a nice run after it crossed first major resistance of Rs 162.


NALCO Delivery Call

National Aluminium Company has gained almost 15 percent in today’s trading session. The stock has touched a high of Rs 392 and is currently trading at Rs 385. 450K shares have been traded on National Stock Exchange till 3.10 pm.

The Aluminium prices are high in commodity markets. This will help NALCO to gain further ground. The stock markets are looking strong for next few trading session. If markets are positive, the stock can touch a 52-week high within couple of trading sessions.

The stock has potential to cross Rs 400. NALCO has touched a 52-week high of Rs 442.90 on NSE. With an EPS of Rs 34.22, the stock is currently trading with a P/E of 11.


HDFC Bank Buy Call

HDFC BankStock analysts have strongly recommended HDFC Bank for trading in the today’s session. It has performed brilliantly on yesterday, and gained 5.2 percent at Rs 1,643.70, in the end.

It is looking very strong as the stock markets have made their closure on a cheerful note. Today, it will surely touch Rs 1675. If the stock price hits this target, the next target for the day will be Rs 1705.

Interested investors can purchase this stock between Rs 1642-1645 with a stop loss at Rs 1640.


Buy JK Lakshmi Cement

JK Lakshmi CementInvestors with a high-risk desire can consider an exposure in the JK Lakshmi Cement stock taking advantage of the recent movement.

Stock analysts have a buy recommendation outstanding on this stock. The stock has seen a decent rise in recent trading sessions.

Interested investors may buy the stock around Rs 190, with a stop loss at Rs 188. Yesterday, the stock marked its closure at Rs 190.15, up 2.9% on BSE. Investors can surely reap good returns from this brilliant stock.

The target for today’s trading session lies between Rs 193-196.


Ispat Industries Limited

Ispat Ind.Investors are suggested to buy Ispat Industries for intraday trading to make good returns.

The stock has performed brilliantly in previous trading days, and it will definitely left capitalists with great earnings in the said time period.

Don’t miss the opportunity. Yesterday, the stock closed at Rs 40.90 after gaining 4.6% and this is the best time to purchase this stock. The stock has seen a 52-week high of Rs 51.25 and low of Rs 10.26.

Interested investors can buy the stock around Rs 41 to attain a target between Rs 43-45.


Rolta India

Rolta IndiaRolta India is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 673. The stop loss is at Rs 670. The target for the day lies between Rs 690-702.

Rolta India stock is looking too strong at current levels. Yesterday, the stock closed at Rs 676.10, up 6.4% on BSE. The 52-week high of the stock was Rs 775.

Buy the stock and see the difference. It will really outperform the stock market.

The members of Rolta India at the annual general meeting (AGM) of the company held on Nov. 16, 2007 approved the issue of bonus shares.


Cairn Energy Buy Call

Cairn EnergyTechnical Analysts have suggested investors to buy Cairn Energy, as it is a good stock for intraday dealings.

Investors can purchase Cairn Energy stock at around Rs 211 to achieve a target between Rs 214-217. The stock has performed brightly on yesterday. If the stock market declines today, investors should leave the stock.

For intraday trading the stop loss should be Rs 208. Yesterday, shares of the company gained 4.4% to settle at Rs 211.05. The stock touched its life high at Rs 230 in early November and made a short-term corrective decline to Rs 195 levels.


Parsvnath Developers

Parsvnath DevelopersAn investment may be considered in the stock of Parsvnath stock, as there are full chances of upside potential today.

Investors interested in buying Parsvnath stock, can purchase it at current level as the stock is 0.2% down at Rs 346.00.

Investors need not to worry as the stock has capacity to cover up its loss speedily. Parsvnath Dev. has an intraday target between Rs 351-354. Keep a stop loss of Rs 344.

Parsvnath Developers has also declared that the company has incorporated a new subsidiary company namely Parsvnath Retail on Nov. 19, 2007 for undertaking retail business in the Indian market.


Buy Indian Bank

Indian BankStock analyst Ashwani Gujral is of the view that investors should buy Indian Bank stock around Rs 165 to achieve short term target of Rs 240.

The outlook appears positive, and presently (10:45 am), the stock is hovering near Rs 182. Keep a stop loss of Rs 156. Yesterday, the stock performed well, and closed positively on the BSE.

Mr. Gujral has suggested this stock after analyzing its brilliancy in the last few months. So don’t miss the chance and make huge profit form this stock.

Indian Bank plans to open four more micro-credit branches in Bhubaneswar, New Delhi, Pune, and Bangalore, reports Business Standard.


Binani Cement Buy Call

Binani Ind.Stock Analyst E Mathew has suggested that Binani Cement can be purchased on declines to achieve a short term target of Rs 130. The stock has seen a decent rise in recent trading sessions.

In today’s trading session, the stock has gained 3.8% at Rs 116.95 up till now. But interested investors should wait for sometime.

If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will provide you good returns.


Cinemax India Limited

Cinemax IndiaStock analyst Rajat K Bose has strongly recommended ‘Cinemax India’ for intraday trading on Tuesday (27 Nov).

Investors wish to earn profit from this stock, can buy it on declines with a stop loss below Rs 121.50 for target of Rs 133.

Mr. Rajat also told that investors should not hold this stock for medium or long term as it is very risky to keep it for future. Buy it, make decent profit and sell it. This is the real mantra for this stock. Don’t buy it on upper levels.


Sell Reliance Petroleum

RPLStock Market Analyst Rajat K Bose has suggested the investors to sell Reliance Petroleum as there are full chances of a downward trend in this stock.

If the stock fell below Rs 195, it may see more weakness.

There is also news that global energy major Chevron Corporation may exit Reliance Petroleum (RPL) by selling its 5% stake to Reliance Industries.

Recently, Reliance Industries undertook divestment of 4% stake in RPL for more than Rs 40.23 billion. Presently, Reliance Industries` stake in RPL stands at around 71%.


INOX Leisure Buy Call

InoxIndiabulls has suggested investors to buy INOX Leisure for short term. The stock may see an uptrend in coming 2 - 3 months.

Today, the stock is hovering near Rs 124, up 4%. But, the investors will purchase the stock when it starts declining. The short term target for the stock is around Rs 155.

It will surely achieve this target within the said time period.

INOX Leisure, a subsidiary of Gujarat Flurochemicals announced (on Nov 10) commencement of commercial operation at its new multiplex theatre situated at Riverside Mall, Vipin Khand, Gomti Nagar, Lucknow from Nov. 9, 2007.


McDowell Holdings Delivery

McDowell Holdings is a good stock for delivery today. The stock is expected to touch 251 levels tomorrow.

The stock has a good potential.

Technical Analysts at IndiaBulls expect the stock to move up tomorrow. One can take delivery at current levels of Rs 224 to be sold tomorrow.


TNPL Buy Call

Tamil Nadu Newsprint and Papers Limited can be bought for delivery today. The stock may touch 128 – 132 levels tomorrow.

The company is planning to construct an IT park with a capacity of 4 lakh square feet. TNPL is also planning to set up a mini cement plant of 400 tpd for production of high grade cement. The announcement regarding these plans will soon be made and the stock price can see a sudden increase.

The Stock has touched a high of Rs 122 and a low of Rs 116 today. The volumes on NSE were around 38 thousand shares till 3.10 pm.


Ashok Leyland Buy Call

Ashok Leyland Ashok Leylandis looking very strong, and it will surely reach above Rs 51 in today’s trading session.

Stock analysts have specially recommended this stock for intraday trading on Wednesday. The stock has shown a decent rise, and there are big expectations from this stock in today’s trading session as it has performed brilliantly on Tuesday. Yesterday, the stock marked its closure at Rs 47.65, up 16.7% on BSE.

Interested investors may buy the stock around 47, with a stop loss at Rs 46. Investors can surely reap good returns from this brilliant stock.


Buy IDFC

IDFCInvestors are suggested to buy IDFC for intraday trading to make good returns.

IDFC is another HDFC in the making. This company is going to become mother of all infrastructure financial institutions. So, buy it and enjoy the benefits.

Don’t miss the opportunity. Yesterday, the stock closed at Rs 209 after gaining 5.7%. Investors can purchase this stock around Rs 207 to achieve an intraday target between Rs 216-222. The stop loss is at Rs 205.


Cairn India Buy Call

Cairn IndiaFresh investments in the stock of Cairn India can be considered for intraday trading.

Cairn India is looking too strong at current levels. Buy the stock and see the difference. It will really outperform the stock market. Yesterday the stock marked its closure at Rs 213, up 1.1% on the BSE. The 52-week high of the stock was Rs 230.

If the investors want to take advantage from this stock, buy it around Rs 212. The stop loss is at Rs 211 for a target between Rs 216-219.

Cairn Energy PLC is an independent, public oil and gas exploration and production company based in Edinburgh, Scotland and quoted on the London Stock Exchange.


Balrampur Chini

Stock analystsBCM have recommended Balrampur Chini stock for intraday trading today. The previous trading sessions has already shown the brilliancy of this stock in intraday dealings.

Investors can purchase Balrampur Chini stock at around Rs 97 to achieve a target of Rs 99. The maximum target for the day lies between Rs 102-105. The stock has performed well on yesterday and made its closure on a positive note. For intraday trading the stop loss should be Rs 94.


Hexaware Technologies Buy Call

HexawareHexaware Tech. has an intraday target between Rs 89-94. So, the interested investors can purchase Hexaware stock around Rs 84 with a stop loss at Rs 80.

Presently the stock is hovering near Rs 86, up 2.2% from its yesterday’s closure on BSE.

Don’t miss this opportunity as the stock has much potential to break its records, and achieve the said target.

Hexaware Technologies, which announced a provisioning for possible losses due to certain exotic foreign exchange option dealings, has roped in consultant Jamal Mecklai to work with it on diminishing the negative impact of these proceedings.


Buy Crest Animation

Crest AnimationMake profit from Crest Animation, as it is a brilliant stock for intraday dealings.

In today’s trading session, it has gained 7.6% up tll now at Rs 121.60%. Those who want to reap gains from intraday trading can purchase this stock between Rs 114-115, with a stop loss at Rs 111, to achieve an intraday target that lies between f Rs 123-127.

The company has also announced that it would offer its first animation movie to large overseas distributors in 2008/09.

The company, which has so far been creating television content for other studios and co-producing movies, is now developing its own animation movies.


Essar Oil Delivery Call

Essar oilTechnical Analyst Ashwani Gujral has suggested investors to buy delivery call of Essar Oil in case the stock crosses Rs 220 before 2.00 pm.

Mr. Gujral has recommended this stock for delivery for short term gains as the stock has performed well in an otherwise weak market. Presently, it is trading down 1.2% at Rs 219.10.

Investors need not to worry as it will hit the ground soon. If it drops further, buy it around Rs 210 to achieve a target between Rs 250-340. Keep a stop loss of Rs 190. In medium term it can touch 375 mark.


Rico Auto Buy Call

Rico AutoRico auto has gained around 4.8% up till now, in today’s trading session. The stock can be picked up. The stock has been recommended by stock analyst Rajat K Bose for intraday trading.

It is good for investors to purchase the stock around Rs 42, if the stock falls, otherwise grasp it between Rs 43-44, to achieve an intraday target above Rs 48.

The maximum target for the day is Rs 51, and the investors have a stop loss at Rs 39.80.


Usha Martin Delivery Call

Usha MartinTechnical Analyst E Mathew has suggested to buy Usha Martin to be sold tomorrow. The delivery call for the day has been given as the stock has performed well in an otherwise weak market.

The stock has gained above 3.0% at Rs 140.94, and it is expected to touch Rs 165 levels tomorrow. It has a good potential.

Usha Martin is planning to raise equity capital of Rs 3,350 million. The company plans to raise the funds through preferential allotment of upto 38.5 million warrants convertible into equity shares to its promoters, reports Business Standard.


Buy Gayatri Projects

After previous close at Rs. 331.35, and opening at Rs. 340.00 today, the Gayatri Projects stock has gained 3.79%, reaching at Rs. 343.90 up till now, in today’s trading session at BSE.

E Mathew has given “buy call” for the stock.

According to E Mathew, “Buy Gayatri Projects with a stop loss of Rs 320 for a short-term target of Rs 388.”


Ashwani Gujral Gives "Buy Call" For DCB!

After previous close at Rs. 147.70, and opening at Rs. 151.30 today, the Development Credit Bank (DCB) stock has lost -0.98% down, falling to Rs. 146.25, up til now, in today’s trading session at BSE.

After previous close at 147.65 at NSE, the DBC stock opened at Rs. 154.90, but presently the stock is trading at -1.12% down at 146.00.

The stock may dip further down and then bounce back. It’s good stock for intraday trading.

The stock analyst, Ashwani Gujral has given buy call for the stock. According to Ashwani Gujral, “Buy Development Credit Bank (DCB) with a stop loss of Rs 127 for target of Rs 176.”


Buy Ispat Industries

Ispat Industries’ stock opened at Rs. 48.25, after the previous close at Rs. 43.90 at BSE. The stock is presently trading 9.91% up at the Bombay Stock Exchange (BSE).

After the previous close at Rs. 43.95, the stock opened at Rs. 46.50 at NSE. The stock is presently trading at 10.01% up at NSE.

The stock has potential to surge little more up, which makes the stock good pick for making quick gains.

Ashwani Gujral, the renowned stock analyst has given “BUY CALL” for the stock. According to the stock analyst, “BUY ISPAT INDUSTRIES WITH A STOP LOSS OF 37 FOR TARGET OF RS 51.”


Buy Sun TV

The Sun TV Network’s stock opened at Rs. 355.50, after the previous close Sun_TV_Networkof Rs. 343.65 at BSE. The stock is presently trading 6.21% up at Rs. 365.00 at the BSE.

The stock opened at Rs. 379.90, after the previous close of Rs. 344.05 at NSE. The stock is presently trading 6.23% up at Rs. 365.50 at NSE.

The stock has great potential. It can still exhibit superb surge. The long term traders are recommended to hold the stock.

However, the stock analyst, Rajat K Bose has recommended the stock for day trading. The stock analyst gives “buy call” for the stock for quick short term gains.


Rajesh Exports Delivery Call

Rajesh Exports has been recommended for short term investment by Indiabulls. The company management has informed the exchange that EGM will be held on 15, Dec, 2007 to discuss the issue of increasing the Authorized Share Capital of the Company from present Rs 100 million to Rs 300 million.

The company plans to add 2 equity share of Rs 2 each for every equity share held by current shareholders. The current shareholders will get a bonus of 2 shares for every share held in their account.

The company is also considering a stock split to Re 1 from current Rs 2 per share. The stock is currently trading at a P/E of 20. After the bonus and stock split, the liquidity will increase in the stock.


Punj Lloyd Buy Call

Investors Punj Lloydare suggested to buy Punj Lloyd for intraday trading to make good returns.

The stock has gained 7.4%, on Friday, on BSE, and marked its closure at Rs 509.95. The stock still has great potential.

The interested investors can purchase the stock between Rs 504-506, with a stop loss at Rs 500. The target for the day is Rs 524, and if the stock market remains positive, it will surely touch Rs 540.

Punj Lloyd has announced (on Nov. 30) that its wholly owned subsidiary, Sembawang Engineers and Constructors Pte, has won a contract worth Rs 12.72 billion from Land Transport Authority of Singapore.


Buy RNRL

RNRLFresh investments in the stock of RNRL can be considered for intraday trading.

RNRL is looking too strong at current levels. Buy the stock and see the difference. It will surely outperform the market. On Friday, the stock marked its closure at Rs 168.20, up 9.8% on the BSE. The 52-week high of the stock was Rs 203.

If the investors want to take advantage from this stock, buy it around Rs 166. The stop loss is at Rs 164 for a target between Rs 175-182.


Triveni Engineering

Triveni EnggStock analysts have recommended Triveni Engineering stock for intraday trading on Monday. The earlier trading sessions has already shown the intensity of this stock in intraday dealings.

Investors can purchase Triveni Eng stock at around Rs 135 to achieve an intraday target of Rs 140. The maximum target for the day lies between is above Rs 143. The stock has performed well on Friday, and closed the week on a positive note. The stock ended the week at Rs 137.30, up 7.7%. For intraday dealing the stop loss should be Rs 133.

The analysts still have great expectation from this stock. So buy and see the difference.


Welspun Gujarat Buy Call

Welspun GujaratWelspun Gujarat has an intraday target between Rs 435-453. The stock has great potential. It can surely exhibit superb surge in today’s trading session.

So, the interested investors should purchase this stock around Rs 412 with a stop loss at Rs 80. The stock has gained 9.2%, at Rs 419.15, on Friday (Nov 30). Don’t miss this chance as the stock has much potential to break its all records, and attain the said target.


Buy MTNL

MTNLMake profit from MTNL stock, as it is a brilliant stock for intraday dealings.

Today, the MTNL stock opened at Rs. 174.05 as against its previous close of Rs. 171.45 at BSE (on Friday). Presently, the stock is hovering around Rs 175.

Those who want to reap gains from intraday trading can purchase this stock between around Rs 171. The stop loss is at Rs 169, and the intraday target lies between Rs 178-185.

MTNL (on Nov 30) has unveiled multi-lingual short message service (SMS) that permit GSM subscribers to send messages in 11 different Indian languages.


CESC Buy Call

CESC LtdCESC stock, today, opened at Rs. 644, as compared to its last closure at Rs. 626.85 on the Bombay Stock Exchange (BSE). The stock is presently trading at Rs 639.00 on BSE.

After the previous close at Rs. 629.7, the stock opened at Rs. 615 at NSE. The stock is presently trading at Rs 637 on NSE.

Stock analyst, E Mathew has given “BUY CALL” for this stock to make decent gains in the short run.

Mr. Mathew said that the interested investors can buy this stock on declines (between Rs 596-600) with a stop loss at Rs 590. The short term target for this stock is around or above Rs 680.


Sterlite Ind Delivery Call

Sterlite IndStock Analyst Ashwani Gujral has suggested to buy Sterlite Ind stock to be sold on Thursday.

Mr. Gujral has given this delivery after viewing all the ups and downs experienced by the stock in last few trading sessions. He said that the stock has performed well in an otherwise weak market.

Today, the stock opened at Rs 1046.8 as against its last closure at Rs 1034.75 on BSE. On the other hand, the stock also make strong opening on NSE. It opened at Rs 1043.75 on NSE.

The stock has gained above 3.2% up till now at Rs 1067.50 on BSE, and it is expected to touch Rs 1400 levels by Thursday. It has a good potential.


BAG Films Buy Call

BAG FilmsBAG Films stock has made around 6% up till now, in today’s trading session. The stock can be picked up.


Buy JSW Steel

JSW SteelJSW Steel is looking strong, and it will surely reach above Rs 1096 in today’s session.

Hitendra Vasudeoo of stockmechanics.com has recommended investors to buy JSW Steel above Rs 1050 with a stop loss at Rs 1030.

JSW Steel has announced that pursuant to the order made by the high court of judicature at Bombay, separate meeting of the equity shareholders and preference shareholders of the company will be convened on Dec. 28, 2007 for the purpose of considering and if though fit, approving with or without modifications, the arrangement embodied in the scheme of amalgamation of Southern Iron & Steel Company with the company.


Nagarjuna Fertilizer Buy Call

Nagarjuna GroupStock analysts have a buy recommendation outstanding on ‘Nagarjuna Fertilizer’ stock. The stock has seen a decent rise in last few trading sessions.

Analysts have suggested that the interested investors may buy the stock around Rs 81. The stop loss is at Rs 79.

The intraday target for the day is between Rs 86 to 96. The stock has gained very quickly in recent few weeks.

It gained around 14% in yesterday’s trading session, and marked its closure at Rs 81.75. Investors can surely reap good returns from this brilliant stock.

So don’t waste time. Buy the stock & see the difference.


Buy Nelco Ltd

NelcoInvestors with a quick point of view can consider taking fresh exposure in the ‘Nelco’ stock. It has shown brilliant upward movement on Monday, and this is the time you must go with this stock to earn good returns.

The stock has seen a decent rise in recent trading sessions. It has gained 7.2% on Monday, and there are lots of big expectations from this stock in today’s session.

Nelco Ltd has an intraday target between Rs 134-143. So, the interested investors do not miss the opportunity, and purchase this stock with a stop loss at Rs 127.


Bank Of Rajasthan Ltd

Bank Of Rajasthan LtdInvestors are suggested to buy Bank Of Rajasthan to make quick gains. It has gained 4.4% on Monday, and marked its closure at Rs 169.90 on the Bombay Stock Exchange (BSE).

The stock looks brilliant for intraday trading on Tuesday. Interested day traders can buy the stock between Rs 169-170. The stock may surely touch Rs 176 and the maximum target for the day is Rs 181.

So, don’t miss the opportunity. Grab with both hands as much of Bank of Rajasthan stock as you can. The stock has touched a 52- week high of Rs 199.


Mukand Ltd

Mukand LtdMake profit from Mukand Ltd, as it is a brilliant stock for intraday dealings. The stock has gained 11.11% on Monday, and closed at Rs 93.5. The total volume of shares traded at the BSE was 463,583.

Those who want to make quick gains from intraday trading can purchase this stock between Rs 92-93, with a stop loss at Rs 91, to achieve an intraday target of Rs 99-105.

Mukand has secured a Rs 1.54 billion order from SAIL-IISCO, which is in the process of expanding its capacity at Burnpur in West Bengal, reports Business Line.


Patni Computers Buy Call

Patni CompPatni Computers stock is looking strong at current levels. Interested day traders can enter the stock between at current level at Rs 324 to achieve an intraday target of Rs 332.

The maximum target for the day is Rs 338. Yesterday, the stock has performed brilliantly and marked its closure at Rs 324.85 after making a gain of around 3.7% on BSE.

Patni Computer Systems, on 13 Nov., announced a comprehensive portfolio of enablement services to help independent software vendors (ISVs) make the transition to a `Software as a Service` (SaaS) platform.                 


Buy ISMT Ltd

ISMT Ltd has an intraday target of Rs 104-107. Interested investors can buy the stock around Rs 100. The stop loss is at Rs 98.

The stock performed brilliantly on Monday, and gained more than 11% and closed at Rs 100.10.

There are also big hopes that it will perform strongly today and achieve the said target.

The Indian Seamless Metal Tubes Limited was promoted in 1977 by a group of technocrats to produce specialized seamless tubes in India. Beginning with an installed capacity of 15,000 metric tons per annum, ISMT commenced production in 1980 with the installation and commissioning of an Assel mill in technical collaboration with Mannesman Demag Meer of Germany.


Buy Praj Industries

Praj Ind.Technical analyst, Rajat K Bose has recommended that Praj Industries stock is looking strong for intraday trading today.

He also suggested that the interested investors can buy the stock with a stop loss below Rs 204 for targets of Rs 218 and Rs 223

The CMP is Rs 217.85, up 3.6 percent on BSE. On NSE, it has gained around 3.1% up till now. Investors need not to worry if the stock price falls because it is a good stock for intraday trading and it has already proven its brilliancy in day trading movements.

Last month, it has commissioned UK’s first bioethanol plant for British Sugar at Wissington, Norfolk.


IFCI Buy Call

IFCIIt is beneficial to stay with IFCI stock in the short run.

Stock analyst, Ashwani Gujral has given this ‘short term’ call for IFCI stock. Presently the stock is 1.6% down, and it is the best time for investors to purchase this stock.


Buy Reliance Capital

Reliance CapitalStock analyst Ashwani Gujral has suggested investors to buy ‘Reliance Capital’ for short-term to make good returns.

It is the stock that will perform brilliantly in these days, and it will surely left capitalists with great earnings in the said time period.

Investors can purchase the stock with a stop loss of Rs 2300 for target of Rs 2760.

Don’t miss the chance. Today, the stock opened at Rs 2490 as against its Monday’s closure at Rs 2477.3 on BSE. Presently it is hovering near Rs 2,514.


MRPL Buy Call

MRPLMRPL is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 127.45. The stop loss is at Rs 123, and it will definitely reach above Rs 135. The maximum target for the day is Rs 140.

MRPL is looking too strong at current levels. The stock opened at Rs 129.5 as against its last closure at Rs 127.45 on BSE. The 52-week high of the stock was Rs 148.6. Presently, it is hovering around Rs 134.

Stock analyst VK Sharma advised the investors not to stay with the stock more than a day.


Easun Reyrolle

Easun ReyrolleStock analyst, Mathew Easow has suggested investors to hold Easun Reyrolle stock to achieve a short term target of Rs 390.

After previous close at Rs. 347.95, and opening at Rs. 352.1 today, the Easun Reyrolle stock has gained 2.1% at Rs. 355.25, up till now, in today’s trading session at BSE.

After previous close at 349.8 at NSE, the Easun Reyrolle stock opened at Rs. 357.80. Presently the stock is trading at 357.80, up 2.3% on BSE.

Mr. Easow said that the interested investors can purchase Easun Reyrolle on dips with a stop loss of Rs 320.


Jindal Steel Delivery Call

Investors are JSPLsuggested to buy Jindal Steel to be sold on next week. This delivery call has been given as the stock has performed well in an otherwise weak market.

The investors can purchase the stock above Rs 14500 with a stop loss Rs 12090 to achieve a target between Rs 18577 and Rs 26227.

The stock has gained above 6% at Rs 15,108, up till now in today’s session. It has good potential, and the Investors need not to worry as it will hit the ground soon.

The board of directors of Jindal Steel & Power, through resolution passed by circulation on Nov. 21, 2007 decided to sub-divide each equity share of Rs 5 into 5 equity shares of Re 1 each.


Nilkamal Buy Call

NilkamalNilkamal Plastics is looking very strong, and it will surely reach above Rs 367 in today’s trading session.

If the stock remains positive for the whole day, it will surely touch Rs 412.

Stock analysts have specially recommended this stock for intraday trading on Tuesday. The stock has shown a decent rise, and there are big expectations from this stock in today’s trading session as it has performed brilliantly on Monday. Yesterday, the stock marked its closure at Rs 317.3 on BSE.

Interested investors may buy the stock around 340, with a stop loss at Rs 324. Investors can surely reap good returns from this brilliant stock.


Bombay Dyeing Buy Call

Bombay DyeingStock analysts have strongly recommended Bombay Dyeing for trading in today’s session. It has performed brilliantly on yesterday, and gained 6.3 percent at Rs 764.40, in the end.

It is looking very strong, as the stock markets have made their closure on a cheerful note. There are also big hopes from this stock in today’s session. Today, it will surely touch Rs 785. If the stock price hits this target, the next target for the day will be Rs 805.

Interested investors can purchase this stock around Rs 758 with a stop loss at Rs 752.


Buy GMDC

GMDCInvestors in search of brilliant stock for intraday trading in today’s session can consider GMDC stock. The stock has seen a decent rise in recent trading sessions.

Interested investors may buy the stock around Rs 520, with a stop loss at Rs 512. Yesterday, the stock marked its closure at Rs 524.10, up 4.9% on BSE, and Rs 523.35, up 5.0% on NSE.

Investors can surely reap good returns from this brilliant stock. The target for today’s trading session lies between Rs 532-558.


Ashok Leyland

Ashok LeylandAshok Leyland is auto sector’s cheap & standard stock, which is ready to zoom in today’s trading session. The intraday target (today) for the stock is Rs 55.

Lots of FIIs are taking positions in that & many brokers recommend this stock it will start to zoom like rocket.

The stock has performed brilliantly on yesterday, and closed at Rs 50.75 after gaining 7.9% on BSE. This is the best time to purchase this stock. The stop loss is at Rs 50. The stock has seen a 52-week high of Rs 51.4 and low of Rs 33.09. So, don’t miss the opportunity.


SAIL Buy Call

SAILIf you want to make good profit in a single trading session, buy ‘SAIL’ stock and see the difference.

It is better for investors to purchase the stock around Rs 41 to attain a target between Rs 294-304. The stop loss is at Rs 278.

Yesterday, the stock closed at Rs 284.90, up 8.5% on BSE. The 52-week high of the stock was Rs 287.5. The stock is expected to move up today on back on huge volumes and should touch another yearly high.

Steel Authority of India (SAIL) has augmented twofold its investment in its corporate plan-2012 that was conceived three years ago.


Hind Construction Buy Call

HCCHind Construction is good for intraday dealings, as it has already proved its brilliance in previous trading sessions.

Investors can purchase this stock around 209, with a stop loss at Rs 208. The target for the day is between Rs 215-219.

The stock has performed brilliantly on yesterday, and finally closed at Rs 209.30 after making a gain of 3.4%, on BSE. If the stock market declines today, investors should not leave the stock.

Mumbai-based construction firm Hindustan Construction is eyeing turnover of Rs 30 billion for FY 2007-08.                  


Buy GSPL

GSPLAn investment may be considered in the stock of Guj. State Petronet, as there are full chances of upside potential today.

Investors interested in buying Guj. State Petronet stock, can purchase it around Rs 78. Keep a stop loss of Rs 77. The minimum target for the day is Rs 81 and the maximum will be around Rs 84.

Presently it is hovering near Rs 81 on BSE. But don’t purchase it at this level. Wait for sometime, but if rise continuously, purchase it around 81 and then the target will be Rs 87.

Investors need not to worry as the stock has capacity to cover up its loss speedily.


Ashwani Gujral Gives “Buy Call’ For Tata Steel

Tata SteelStock analyst Ashwani Gujral is of the view that Tata Steel stock will provide hefty gains in the short run.

So, the investors are suggested not to sell Tata Steel stock before achieving a short term target of Rs 923.

Those who wish to make profit from this stock can purchase it around on declines with a stop loss of Rs 830.

Mr. Gujral also told that investors should not hold this stock for medium or long term as it is very risky to keep it for future. Buy it, make decent profit and sell it. This is the real mantra for this stock. Don’t buy it on upper levels.


Buy BOC India

BOC IndiaStock analyst E Mathew has suggested that BOC India should be purchased on declines to achieve a short term target of Rs 198. The stock has seen a decent rise in recent trading sessions.

In today’s trading session, the stock has gained 4.5% at Rs 158.95 up till now. But interested investors should wait for sometime.

If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will definitely provide provide you good returns.


Short Term ‘Buy Call’ For IDFC

After previous close at Rs. 217.30 (4 Dec.), IDFC stock opened today at Rs. IDFC218.00 at BSE. The stock is currently (12:46 pm) trading 2.05% up at Rs. 221.75 at BSE.

And, after previous close at Rs. 217.45 (4 Dec.), IDFC stock opened today at Rs. 220.00 at NSE. The stock is currently (12:51 pm) trading 1.75% up at Rs. 221.25 at NSE.

Short Term call for IDFC is “Buy / Accumulate IDFC up to 220:CMP 224 Trg 250 Stop 215”


Buy NTBCL

NTBCLBuy Noida Toll Bridge with a stop loss below Rs 55 for targets of Rs 63 and Rs 67.

Stock market analyst, Rajat K Bose has given this intraday call after analyzing the stock’s previous performance. Intraday day investors can sell the stock after making the said profit.

Presently, the stock has gained 4.3% at Rs 61.00.


Buy GIPCL

There are GIPCLbig expectations from Gujarat Ind Power stock in today’s session.

Stock analysts have also recommended this stock for day trading on Thursday.

It has performed brilliantly on Wednesday, and gained 1.7 percent at Rs 110.45 on BSE. On the other hand, the stock gained 3.0% on NSE and closed at Rs 110.60.

According to the analysts, it will surely touch Rs 115 today. It is the best time to purchase this stock, and the stop loss is at Rs 109. If the stock markets remain positive for the whole day, it will touch Rs 118.

So don’t waste time, buy it and ready to make good profit.


Indiabulls Real Estate

IndiabullsInvestors can purchase Indiabulls Real Estate stock to achieve an intraday target between Rs 684-708.

This is a brilliant stock, which has performed well in recent trading sessions.

Interested investors may buy the stock around Rs 645, with a stop loss at Rs 638. Yesterday, the stock marked its closure at Rs 660.10, up 10.1% on BSE, and Rs 660.00, up 10.1% on NSE. Investors can surely reap good returns from this brilliant stock.


Sterlite Optical Buy Call

Sterlite Ind.Sterlite Optical is a profitable & standard stock, which is ready to zoom in today’s trading session. The stock has an intraday target of Rs 324.

Lots of stock analysts have suggested that it will zoom like rocket.

The stock has performed well on Wednesday, and marked its closure at Rs 315.90, up 4.6% on BSE. This is the best time to purchase the stock. The stop loss is at Rs 313. The stock has seen a 52-week high of Rs 344.25 and low of Rs 154. The maximum target for the day is Rs 328. So, don’t miss the opportunity.


Tinplate Buy Call

Tata SteelTinplate is a cheap stock, and it is ready to attain a new yearly high in today’s trading session.

So don’t miss the chance and book your profit now. It is better for investors to purchase the stock around Rs 61. The maximum target for the day is Rs 70. The stop loss is at Rs 60. The stock has seen a 52 week high of Rs 67.

Yesterday the stock marked its closure at Rs 60.75, up 10.4%. It’ll surely exhibit the same thrust in today’s session.


Bharat Forge Buy Call

Bharat ForgeBharat Forge is looking strong for intraday dealings today. So, don't miss the chance, grab it and see the diference.

After previous close at Rs 333.95 (5 Dec.), Bharat Forge stock opened today at Rs. 339.00 at BSE. And, after previous close at Rs. 333.65 (5 Dec.), Bharat Forge stock opened today at Rs. 335.00 at NSE.

Investors can purchase the stock around Rs 332, with a stop loss at Rs 330. The target for the day is between Rs 339-345.

Bharat Forge Limited (BFL), the flagship company of Kalyani Group, is a true world leader when it comes to delivering innovative auto-component solutions.


House Of Pearl Fashion Ltd.

House Of Pearl FashionsThe House Of Pearl’s stock opened at Rs. 268.9, after the previous close of Rs. 261.65 at BSE. The stock is presently trading 2.8% up at Rs. 269.00 at the BSE.

The stock opened at Rs. 271.90, after the previous close of Rs. 261.35 at NSE. The stock is presently trading 3.7% up at Rs. 271.00 at NSE.

The stock has great potential. It can still present excellent surge.

Interested day traders are suggested to enter the stock at Rs 262, with a stop loss at Rs 257. The target for the day lies between Rs 273-285.


BSE Crosses 20k; NSE 6k

BSE Sensex has crossed 20,000 levels once again. NSE Nifty has crossed 6000 mark and has touched a high of 6027. As reported by TopNews on Monday that the Stock markets may see 20k this week, the bulls have done it. Many Technical analysts believed that the markets could bounce back very quickly from a short corrected which happened few days back.

Stock markets could see an all time closing high very soon. The global sentiments are mixed, but Indian stocks are poised for a short rally. There may be correction before the end of year, and investors are advised to book partial profits at higher levels.

Banking Sector has gained in today’s trading session. SBI is up by nearly 1.5%. Oriental Bank, PNB and ICICI bank have gained in early trades.


Hotel Leela Intraday Call

Hotel Leela Venture can be bought at current level of Rs 70 with a strict stop loss of Rs 68.5 for intraday trading. The stock is having a lot of operator activity in past few trading sessions. As the mid-caps and small cap stocks are seeing uptrend in recent stock market rally, these stocks can get good returns in intraday trading.

Hotel Leela Venture has touched a 52-week high of Rs 80.80 on National Stock Exchange. The EPS stands at Rs 4.06 and P/E is 17.


Idea Cellular Long Term

Angel Stock Broking has suggested a buy for Idea Cellular. The stock has gained over 5 percent in today’s trading session. IDEA has a good business model and the company may soon come out with positive announcements. The long term outlook for the stock is good.

Based on the strong results for next 12 months, the stock may see levels of Rs 180. At current market price of 132, the stock is trading with a P/E of 55 which is higher than industry average. However, the stock valuation will become attractive as the company declares better results in coming quarters.

The stock has also been recommended by IndiaBulls technical analysts. The stock is good for an investment over a period of 6 – 8 months.


Buy Aditya Birla Nuvo

Aditya Birla NuvoAditya Birla Nuvo is trading positively on both BSE and NSE. Presently (12:05 pm), it is hovering around Rs 1706, up 4%. There are full chances of an upside potential today.

Stock Analyst VK Sharma has suggested the day trading investors to purchase the stock around Rs 1637.70 with a strict stop loss at Rs 1590. The target for the day is Rs 1724. The stock has shown a decent rise in previous sessions. The stock has seen a 52-week high of Rs 1819.9 and a low of Rs 960 on BSE.


Short Term Buy Call For 'IDBI'

IDBIStock analyst E Mathew is of the view that IDBI stock will provide hefty gains in the short run.

Presently (1:00 pm), the stock is trading 0.6% down at Rs 173.40.

Mr. Mathew has suggested investors not to sell IDBI stock before achieving a short term target between Rs 190-200. Traders should use Rs 163 as a stop loss. The stock can be bought in the range of Rs 167-169. Don’t buy it on upper levels.

IDBI has seen a 52-week high of Rs 181 on Bombay Stock Exchange. The P/E is 19.46, and EPS stands at Rs 8.96.

It seems that IDBI will touch another yearly high in the said time period. So keep the stock for at least 3-4 weeks.


Peninsula Land Intraday Call

Housing and Real Estate Company Peninsula Land can be bought today for intra-day trading. The stock is even looking good for short term as the fundamental are looking good. After the current breakout, the stock can see levels of Rs 155 very soon.

For intraday, the target for the stock is 152. The stock closed on Thursday at 141.85 on National Stock Exchange.  Short term investors can hold the stock if the market remains stable. For short term, the stop loss for Peninsula Land is 133. The trading volumes for the stock have also picked up.

At current P/E of 24.43, the stock looks attractive in real estate segment among midcap stocks. Other stocks from real estate sector like Ansal Properties, Ganesh Housing, DS Kulkarni are also performing nicely.


Buy Centurion Bank of Punjab

Centurion Bank of Punjab has gained over 15% in today’s trading session. The stock has gained due to positive news on the counter and has been suggested by many analysts for a Buy Call for delivery.

The stock has touched a 52-week high of Rs 56.20 on NSE today. Currently, this banking counter is available at a P/E of 78. CBOP will see a significant rise in its business as the effect of merger with Lord Krishna Bank. The merger was announced few months back.

The results for the coming quarter are expected to be good for the bank. This stock can even be bought for a long term if it faces any declines.


Balrampur Chini Buy Call

Sugar Stock Balrampur Chini is looking good for short term. The stock has recently crossed Rs 100 and is heading towards 120 levels now. The stock can offer good returns over next few trading session if the markets remain stable.

Balrampur Chini has touched a 52-week high of Rs 115 on NSE. The stock has gained nearly 9% today and is currently trading at Rs 108.

The stock markets have gained nicely in last 30 minutes in today’s trading session. The strength at the end of the trading session is a good sign for the markets.


Triveni Engineering Delivery Call

Triveni Engineering (TEIL) can be bought at current level of Rs 157. The stock has moved up quite nicely in today’s trading session. The counter has gained based on positive news about the stake sale from the promoters.

Indiabulls has recommended the stock for delivery to be sold on next trading session. The stock can see level of Rs 165 – 175 very soon.

The stock has touched a 52-week high of Rs 164.90 and is currently trading at a P/E of 52.


Satyam Computers Delivery Call

Technical Analysts at Indiabulls have suggested to Satyam Computers delivery to be sold on next trading session. Satyam Computers have been trading strongly over past few trading sessions.

The stock has seen a technical bounce back from lower levels in the recent correction. As the stock recovered smartly, one can expect it to touch 460 levels in next trading session.

In Friday’s trading, Satyam Computers has touched a high of Rs 446 and a low of Rs 434. In Futures, for December contracts, Satyam has touched a high of Rs 449.80 and a low of Rs 438.


IDEA Cellular Buy Call

IDEA Cellular looks attractive at current prices. The stock can be bought with stop loss of Rs.133 for target of 141-145. The stock is trading at the current price of Rs.136. The stock can be bought for intraday trading. However, for long term investors as well, the stock is attractively priced.

On NSE, the stock has touched a 52-week high of Rs.160.90 and a low of 84.40.


Cairn India Intraday Call

Cairn India can be purchased with stop loss of Rs.217 for target of Rs222-226.  The stock is looking attractive at current market price.

At National Stock Exchange, Cairn India has touched a 52-week high of Rs.230.00 and a low of Rs.111.00.

The stock has touched an intraday high of Rs.223.00 in today’s trading session.

Cairn India has recently declared a net profit of Rs 23.24 crore for the quarter ended September 2007 as against loss of Rs 71 crore in same quarter of last year.

Being a turnaround story for Cairn, the stock valuations look attractive for long term investors as well. For investors having a time period of 6 – 8 months, the stock can offer decent returns.


Bharti Airtel Buy Call

Technical analysts suggest that day traders can buy Bharti Airtel below 965 levels. The stock has gained nearly 2.11% in today’s trading session. Day Traders should keep a stop loss of  Rs.935 for the target of Rs.970 - 980.

On National Stock Exchange, the stock has touched 52-week high of 1,184.20 and a low of Rs.400.

Bharti Airtel , India’s largest telecom service provider has recently announced an agreement with Western Union to jointly develop and pilot a Mobile Money Transfer service in India. This service will help users to send money to India using mobile phones.


ICICI Bank intraday

As per view of technical analysts, the Banking Major ICICI Bank is good for intraday trading. Traders can buy ICICI Bank at current market price of Rs. 1,212.90 with the currently higher by Rs 12.20 compared to yesterday’s close. The stock can be bought with a strict stop loss of Rs1180. The intraday target for ICICI counter is Rs 1220-1240.

The stock has touched an intraday high of 1,230 and a low of Rs.1,203. The stock is trading at a P/E of 38.40 at current market price. Based on the current results, the stock offers an earning per share of Rs.31.59.


Infosys Tech Buy Call

According to technical analysts, Infosys Technologies, which is currently trading at Rs 1,672.30 with the gain of Rs 36.95 or 2.26% can be purchased at current market price. The stop loss for this counter is Rs. 1629 and the target is Rs 1649-1664. This is an intraday call for day traders.

The company has accomplished $1 billion dollars in quarterly revenue for the first time in last quarter. The recent acquisitions by Infosys include 3 shared service centers in India, Poland and Thailand. With a center in Poland, the company has achieved better presence in Eastern Europe to cover more clients in that region. This also marks the largest presence of any Indian Technology/BPO company in the region.


Suzlon Energy Trading Call

As per view of technical analysts, Suzlon Energy can be bought at current market price with the stop loss of Rs 1932 for a target of Rs 1966 – 1991. This is an intraday call for day traders.

The stock has touched an intraday high of Rs 1,993 and a low of Rs1,960. The stock is currently trading at Rs 1977 with a gain of Rs 35.85 or 1.85%.

Suzlon Energy is the 5th largest company in the world in its segment. The company has issued zero- coupon foreign currency convertible bonds worth 10 million to fund its organic growth initiatives.

On NSE, the stock has touched a 52-week high of 2,159.80 and a low of Rs 931.
The stock is trading at a P/E of 53.90 at current market price and has an earning per share of Rs 36.77.


Bongaigaon Refinery Trading Call

Stock Market Analyst VK Sharma has suggested day traders to buy Bongaigaon Refinery around Rs 104 for a target of Rs 106 and 108. For trading, please keep a strict stop loss of Rs 102 for this stock.

The stock has been up in recent trading sessions on merger news. Bongaigaon Refinery has touched a 52-week high of Rs 117 on NSE.

The stock is trading at a P/E multiple of 8.2 with an EPS of Rs 12.

This recommendation is for day trading only. Investors looking for long term investment should try some other stocks from this sector. Chennai Petro is a good stock at current prices.


Stock Market Update

Bulls are back in Indian Stock MarketsIndian Stock markets had a great week as markets touched all time high. NSE Nifty touched an all time high for intraday on Friday’s trading session. BSE Sensex is hovering around 20k mark while NSE Nifty closed just 26 points short of 6000. BSE Sensex closed 170 points higher at 19966.

Technical Analysts believe that Stock markets may remain strong in near term unless there is some bad news from global markets. NSE member and Stock expert Mr. Ramesh Damani expects markets to remain strong till the budget next year.  


Varun Shipping Short Term Buy

As per view of technical analyst Hitendra Vasudeo of Stockmechanics.com, Varun Shipping can be purchased for above Rs 87 with strict stop loss of Rs.70. For achieving a target of Rs.103-136, investors can buy stock at current prices to be sold in short term.

At the National Stock Exchange, the stock has touched 52-week high of Rs.87 and a low of 49.

The stock is currently trading at P/E of Rs.5.22 with an earning per share of Rs.16.02.

Varun shipping company is a private sector company in India, which presently operates a fleet of 20 vessels for seaborne transportation of bulk cargoes mainly in the hydrocarbon sector including LPG, crude oil and petroleum products.


DLF Intraday Buy Call

Real Estate Major DLF looks attractive above Rs.1005 as the stock will be technically strong above this level. Traders should buy the stock with strict stop loss of Rs.990. This is an intra call for day traders with the target of 1031-1079 given by Stock Analyst Hitendra Vasudeo of Stockmechanics.com.


Centurion Bank of Punjab Delivery Call

According to technical analysts, traders can buy Centurion Bank of Punjab above Rs.52 with strict stop loss of Rs.42 for target of 64-90. This is delivery based call given by Stock market expert Hitendra Vasudeo of Stockmechanics.com.


Nucleus Software Buy Call

Technical Analyst Ashwani Gujral has suggested a buy call for Nucleus Software above of Rs 393 with stop loss of Rs 320.The stock can reach a target of Rs 490 as the company is poised for growth in coming quarters.

On National Stock Exchange, the stock has touched 52-week high of Rs 600 and low of Rs 162.35. Technology stocks have been weak in past few months due the declining value of US dollar.


GIC Housing Finance

As per technical view of Mathew Easow of Matheweasow.com, GIC Housing Finance looks attractive at current price and can be bought around 85 levels for short term target of Rs 105. Investors should buy the stock with a closing stop loss of Rs 74.

GIC Housing Finance offers housing loans to individuals and to persons/entities for construction of houses/flats for residential purposes. Home loans market has been buoyant in previous two quarters. The things are looking good for the sector in coming quarters as well. The robust schemes by GIC Housing Finance benefits both aspiring individuals moving up the career ladder and executives approaching their retirement age and the company has a large consumer base.


Ranbaxy Labs Intraday Buy Call

Ranbaxy Laboratories looks interesting for intraday trading on Monday. The stock has touched a low recently and went below 400 levels. After the technical bounce back, Ranbaxy may gain around Rs 7 – 10 in today’s trading session. For intraday trading, traders are advised to keep a stop loss of Rs 404.

At current levels, the stock can be bought for intraday trading. The stock may reach a target of Rs 412 – 415 today.
On Friday, Ranbaxy closed at Rs 407.40 on NSE with a gain of 2.5%. The stock touched a high of Rs 409.90 in early trades and drifted down to 398.05 when the markets reacted at higher levels.


Sakhti Sugars Buy Call

As per view of technical analysts, SAKTHI SUGAR, which ended the day at Rs 75 on Friday can be purchased at current market price. The stop loss for this counter is Rs 73 for a target of Rs 78-80.

The group’s principal activities are to manufacture and market crystal sugar, industrial alcohol, iron castings, soya products, sunflower oil, molasses, fertilizers, chemicals, seeds, bio earth and other industrial products.

The plants of Shakti Sugar are located in Tamil Nadu and Orissa.


Ashapura Minechem Intraday Call

According to technical analysts, ASHAPURA MINECHEM can be purchased with strict stop loss of Rs 365 for the target of Rs 396-405.

On National Stock Exchange, the stock has touched 52-week high of Rs 426 with the low of Rs 95. Based on current results, the stock is trading at a P/E of 20.41 and offers an earning per share of Rs 17.96.

It is the largest mine owner, organized producer & exporter of Bentonite in India. It exports to over 30 countries in Middle East, Latin America, Europe, Egypt, Japan, South East and Australia.


MPHASIS Buy Call

As per technical charts, MPHASIS can be bought at current price with a strict stop loss of Rs 290 for the target of 302-309. This is an intraday trading recommendation.

The stock is trading at a P/E of 38 at current market price. The stock has an EPS of Rs.7.63

The activity of MPHASIS Limited is to provide application services, Business process outsourcing services and Infrastructure technology outsourcing services.

On the national stock exchange, the stock has touched 52-week high of Rs 340 and a low of Rs 162.

The group of MPHASIS also offers solutions to industries such as banking and financial services, logistics, technology and retail.


Tech Mahindra Buy Call

As per view of technical analysts, stock of TECH MAHINDRA can be purchased with a strict stop loss of Rs 1195 for the target of Rs1263-1303.

Based on current results, the stock is trading at a P/E of 21 with earning per share of Rs 56.56.

TECH MAHINDRA is the leading provider of solutions and services to the telecommunications industry.

On the National Stock Exchange, the stock has touched 52-week high of Rs 2048 and a low of Rs 452.

The company is planning to offer many new services to its customers in coming quarters.


Triveni Engineering Buy Call

According to technical analysts, TRIVENI ENGINEERING can be bought with the stop loss of Rs160 for the target of Rs. 178-190. The stock is currently trading at a P/E of 55 achieving earnings per share of Rs 3.

Triveni Engineering is one of the leading companies in sugar production and engineered-to-order mechanical equipment manufacturing with three sugar mills located at Khataul, Deoband and Ramkola in the state of Uttar Pradesh.

It is also one of the largest manufacturers of steam turbine up to generating capacity of 15MW.


I-Flex Solutions Buy Call

Technical Analyst VK Sharma has suggested a buy call for technology major I-Flex Solutions. The stock looks attractive at current price and can be bought around 1614 levels with strict stop loss of Rs 1575. This is an intraday call for day traders.

The stock looks technically strong and can easily touch 1650 – 1665 in today’s session. Based on present results, the stock is trading at P/E of 38 with an earning per share of Rs 42.


Polaris Software Buy Call

Technical analyst Rajat K Bose has suggested a buy call for day traders for Polaris Software with strict stop loss of Rs 117. The stock can touch 131-136 in today’s trading session. As an intraday scrip, the entry can be made around 125 – 128 levels in Polaris Software.

Based on current results, the stock is trading at a P/E of 18. The earnings per share of the company stood at Rs 7.

On the National Stock Exchange, the stock has touched 52-week high of Rs 237 and a low Rs 96.


KPIT Cummins Infosystems Short Term

Technical Analyst Ashwani Gujral has suggested short term buy call for KPIT Cummins Infosystems. The stock can be bought at current market price with a strict stop loss of Rs 120. This is a delivery based call and investors can expect decent returns with stock having a short term target Rs 180.

KPIT Cummins Infosystems was formed by the merger of KPIT and Cummins Infosystems in year 2002. Based on the current results, the stock of KPIT Cummins Infosystems is trading at P/E of 15 and has earnings per share of Rs 8.

KPIT Cummins Infosystems provides IT enabled services. It also offers services that comprehend architectures and chip design/verification.


Adani Enterprises Short Term Call

According to technical analyst Mathew Easow, investors can buy Adani Enterprises, with strict stop loss of Rs 761 for a short term target of Rs 854. This is a delivery based call.

The stock has touched an intraday high of Rs 812 and a low of Rs 781.

At the National Stock Exchange, the stock has touched 52-week high of Rs 884 with a low of Rs 115.

Adani Enterprises has extended its activities across the globe. The company operates through 30 offices including eight overseas offices in USA, UAE, China, Singapore, Indonesia, Mauritius and Mayanmar.


Sterlite Optical Delivery Call

As per view of technical analyst Ashwani Gujral, Sterlite Optical can be bought with strict stop loss of Rs 320 for the target of Rs 410. This is a short term delivery based call.

Sterlite Optical develops, manufactures and markets optical networking products including optical fibre and optical fibre cables.

The joint venture of Sterlite Optical with US General Cables Corporation will help the company to register higher growth in the coming quarters.


Ansal Properties Short Term Buy

Indiabulls has suggested a buy on Ansal Properties & Infrastructure for a short term target of Rs 400. The stock has been recommended at a price of Rs 350. The counter is looking strong and may shoot once positive announcement is made by the company. The stock touched a low in November as Ansal Brothers were sentenced 2 years imprisonment by the Court in Uphaar Case. Ansal Brothers have got interim bail. The company has been granted approval by Uttar Pradesh government to double the size of Dadri project.

The real estate sector is looking strong. Omaxe, DLF and Unitech are also good for long term investments. Omaxe has been making new 52-week highs in past few trading sessions. The stock has great potential as the real estate sector is showing strong numbers.


HDFC Bank Intraday Call

According to technical analysts, the Banking Major HDFC BANK is good for intraday trading. Traders can buy HDFC BANK with strict stop loss of Rs 1750 for the target of Rs 1822-1863.

At National Stock Exchange, the stock of HDFC BANK has achieved a 52-week high of Rs 1799 with a low of Rs 801.

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalization of the Indian Banking Industry in 1994. HDFC BANK offers a range of commercial and transactional banking services, and treasury products to wholesale and retail customers.


Orchid Chem Buy Call

As per technical charts, ORCHID CHEMICAL and PHARMACEUTICALS can be purchased at current market price with stop loss of Rs 260 for the target of Rs 268-274. This is a day trading recommendation.

The stock of the company is currently trading at a P/E of 11 and offers an earning per share of Rs 23.13.

ORCHID CHEMICAL and PHARMACEUTICALS is a globally recognized, integrated pharmaceutical company with core competencies in the development and manufacture of Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms as well as in drug discovery.


Reliance Industries Intraday

As per view of technical analysts, traders can buy RELIANCE INDUSTRIES at current market price. This is a day trading recommendation and stop loss for this counter is Rs 2864 for a target of Rs 2907-2926.

RELIANCE INDUSTRIES is India's largest petrochemical firm and is the largest private sector company in India. The stock price has been firm in past two quarters and the stock has performed better than markets.

The activity of RELIANCE INDUSTRIES is to produce and distribute plastic and intermediates, polyester filament yarn, fibre intermediates, polymer intermediates, crackers, chemicals, textiles, oil and gas.

Based on current results, the stock of the company is trading at a P/E of 32 and offers an earning per share of Rs 87.73.


MTNL Day Trading Call

As per technical view, Mahanagar Telephone Nigam Limited (MTNL) can be bought with strict stop loss of Rs 190. This is a day trading call and traders can buy it for the target of Rs 203-211.

Mahanagar Telephone Nigam Limited is a provider of fixed-line and other basic telecommunications services in Delhi and Mumbai. Its services include basic fixed-line access; public call offices , value-added telephone in global system for mobile communications  cellular services; phone plus facilities in basic fixed line such as abbreviated dialing, call transfer, hotline facility, three-party conferencing, absentee facility, calling line identity presentation (CLIP) facility, call hunting, call alert and morning alarm.


Cosmo Films Short Term Call

Stock analysts are of the views that investors can buy Cosmo Films, which is trading at current price of Rs 114 for achieving short term target of Rs 130. The stock has also been recommended by Indiabulls.

On National Stock Exchange, the stock has touched 52-week high of Rs 118 and a low of Rs 69. The stock has been performing well based on better results in previous quarter.

The stock is currently trading at a P/E of 7 with earning per share of Rs 16.51. The stock still has some steam left and has potential to gain further in the coming quarters. Cosmo films can touch higher levels of 150 – 180 in long term.

Investors can also take a look at Supreme Ind., Kemrock Indus and VIP Industries for short term gains.


IFCI Buy Call Intraday

As per technical charts, Industrial Finance Corporation of India can be purchased with strict stop loss of Rs 106.5. This is an intraday call for day traders for the target of Rs 114.

Based on current results, the stock of the company is trading at a P/E of 4 and offers an earning per share of Rs 23.85.

The activity of Industrial Finance Corporation of India is to provide long term financial support to all segment of Indian industry including provide development financing, project financing, financial services and comprehensive corporate advisory services. IFCI also provides equipment finance, equipment credit, equipment leasing, corporate loans, short-term loans and working capital loans.


Shree Renuka Sugars Long Term Call

As per technical charts, investors can buy Shree Renuka Sugars above Rs 830 with strict stop loss of Rs 800 for the target of Rs 1141 in short term and Rs 1573 in long term. This is a delivery based call.

On National Stock Exchange, the stock has touched 52-week high of Rs 900 and a low of Rs 260. The stock has an intraday high of Rs 900 with a low of Rs 820.

The group’s principal activities are to manufacture and market crystal sugar, industrial alcohol, iron castings, soya products, sunflower oil, molasses, fertilizers, chemicals, seeds, bio earth and other industrial products.


Indian Oil Corporation Buy Call

As per views of technical analysts, Indian Oil Corporation is looking good for long term (7-8 months). Interested investors can buy the stock at Rs 640. If the stock market falls, buy it between Rs 605-540 levels over next few trading sessions. This is a delivery based calls and investors can buy it with strict stop loss of Rs 470 for a target of Rs 896 in short term and Rs 1408 in long term.

The stock of the company is currently trading at a P/E of 9 and offers an earning per share of Rs 71. On National Stock Exchange, the stock has touched its 52-week high of Rs 664 with a low of Rs 361.

Indian Oil Corporation Limited was formed in1964 as a result of merger between Indian Oil Company Ltd. and Indian Refineries Ltd.


Housing Development and Infrastructure Intraday Call

Real Estate Major Housing Development and Infrastructure (HDIL) looks attractive above Rs 949 with strict stop loss of Rs 925. This is an intraday call for day traders for achieving a target of Rs 973-1028.

Based on current results, the stock is trading at a P/E of 48 with earning per share of Rs 20.

HDIL focuses on Real Estate Development, including construction and development of residential, commercial & retail projects, slum rehabilitation and development, land development including development of infrastructure.

At National Stock Exchange, the stock of the company has achieved 52-week high of Rs 999 and a low of Rs 477.


Deccan Aviation Buy Call

Deccan Aviation is looking good for intraday trading on Thursday. The stock gained 5 percent on Wednesday compared to previous close of Rs 261 on National Stock Exchange.

For today’s trading session, traders can buy the stock around 274 – 276 with a target of Rs 284 – 300. For intraday trading, a strict stop loss of Rs 270 should be used.

Deccan Aviation has been moving strongly on back of high volumes in past two weeks. The stock touched a high of Rs 328 on NSE. Technical Analyst Sunil Chavan suggested a buy call for short term in Deccan Aviation at levels of Rs 255 for a target of Rs 282. The stock remained bullish after it crossed Rs 275 levels and touched a 52-week high.


Zee Entertainment Intraday Call

Zee Entertainment Enterprises (formerly known as Zee Tele) can be bought for intraday trading. The stock is looking technically strong. If the markets remain strong, the stock can touch Rs 335. If the things go good, the stock can even touch levels of Rs 344 in intraday. The stop loss for Zee for intraday is Rs 320.

Zee Entertainment gained 6.9% in Wednesday’s trading session. The stock touched a high of Rs 335 yesterday and closed at Rs 327. The stock is trading at a P/E of 52. Zee has touched a 52-week high of Rs 410.

Apurva Shah, VP & HOR from Prabhudas Lilladher is positive on Zee Entertainment in long term. The company has strong fundamentals and the stock price has been stable in recent sessions.


Short Term Buy Call For Zicom Security Systems

ZicomStock market analyst E Mathew has suggested a buy for Zicom Security Systems. The stock has gained over 7.32% percent in today’s trading session.

The company has a good business model and it may soon come out with robust results. The short term outlook for the stock is good. The stock is good for an investment over a period of 3-4 weeks.

The stock has seen a 52-week high of Rs 245. At current market price of Rs 211, the stock is trading with a P/E of 31.72. Interested investors can purchase Zicom Security Systems on dips with a stop loss of Rs 182 for a short-term target of Rs 235.


Ashwani Gujral Gives Buy Call For NDTV

NDTVAccording to technical analyst Ashwani Gujral, investors can buy NDTV stock, with strict stop loss of Rs 400 for a medium term target of Rs 610.

Today, the stock opened at Rs 449.90 after making its closure at Rs 445.20 (on Dec 12). Presently (11:15 am), the stock is hovering around Rs 436, down 2.1%, and this is the best time to buy the stock. NDTV stock will surely achieve this target with a period of 2-3 months. So the investors are suggested not to sell this stock before achieving this target.

At the Bombay Stock Exchange (BSE), the stock has touched 52-week high of Rs 453.65 with a low of Rs 184.


Suprajit Engineering Intraday Call

Suprajit Engg.Stock analyst Rajat K Bose has suggested investors to buy Suprajit Engineering for intraday trading to make good returns.

The stock has performed brilliantly in previous trading sessions, and it will definitely left capitalists with great earnings in today’s session.

Don’t miss the opportunity. Today, the stock opened at Rs 130.90 after closing at Rs 119.05 on BSE. At present, the stock is trading at Rs 142 on BSE.

The investors can purchase the stock at lower level to achieve an intraday target of Rs 145 with a strict stop loss at Rs 130. The stock has seen a 52-week high of Rs 199 and low of Rs 82 on BSE.


Buy S Kumars Nationwide

S. Kumars Nationwide LtdStock analyst Ashwani Gujral  is of the view that investors can buy Cosmo Films, which is currently trading at Rs 164 for achieving an intraday target of Rs 177. The maximum target for the day is Rs 215.

So, interested investors can purchase the stock at current level as the stock is trading 0.03% down. The stop loss for the day is at Rs 150.  

On Bombay Stock Exchange, the stock has touched 52-week high of Rs 177.9 and a low of Rs 59.15. The stock has been performing well based on better results in previous quarter.


Buy Hyderabad Industries

Hyderabad Ind.Stock market analyst Rajat K Bose has given an intraday call for Hyderabad Industries.

According to Mr. Rajat, the stock can be purchased with strict stop loss of Rs 233.80 for the target of Rs 247. The maximum target for the day is Rs 254.

The traders can surely achieve this target as the stock market is also trading in the positive mood.

On Bombay Stock Exchange (BSE), the stock has touched 52-week high of Rs 330 with the low of Rs 139. Based on current results, the stock is trading at a P/E of 11.96 and provides an EPS of Rs 21.94.


Bhushan Steel Buy Call

Bhushan SteelAn investment may be considered in the stock of Bhushan Steel, as there are full chances of upside potential in the coming months.

Mr. Ashwani Gujral has given this buy call, and said that the stock is expected to generate handsome returns in medium to long-term.

Investors interested in buying Bhushan Steel, can purchase it between Rs 1450-1500. Investors need not to worry as the stock has great capacity and it has already proved its brilliance in the previous trading sessions.


Buy Ispat Industries

Ispat Ind.Ashwani Gujral has suggested `Buy` on Ispat industries with a price target of Rs 106 as against current market price of Rs 77 (Dec 14).

This is a short term buy call, and the investors can achieve this target within a period of 4-5 weeks.

The company with huge expansion plans and capital expenditure is growing very sharply. It has big clientele and its strong network is expected to grow exponentially year over year offering sufficient scope for investments.


Short Term Buy Call For ‘Sical Logistics’

Sical LogisticsStock analyst E Mathew is of the view that Sical Logistics stock will provide hefty gains in the short run.

Presently (11:08 am), the stock is trading 7.51%% up at Rs 262.

Mr. Mathew has suggested investors not to sell Sical Logistics stock before achieving a short term target between Rs 270-290. Traders should use Rs 229 as a stop loss. The stock can be bought in the range of Rs 235-240. Don’t buy it on upper levels.

Sical Logistics has seen a 52-week high of Rs 301.90 on Bombay Stock Exchange. The P/E is 21.28, and EPS stands at Rs 12.31.


Mangalore Chemicals and Fertilizers Ltd

MCFStock market analyst E Mathew has suggested a ‘buy’ for Mangalore Chemcials and Fert. The stock has gained around 5 percent in yesterday’s trading session, and marked its closure at Rs 43.20.

The company has a good business model and it may soon come out with robust results.

The short term outlook for the stock is good. The stock is good for an investment over a period of 3-4 weeks. The stock has seen a 52-week high of Rs 55 and low of Rs 11.09.

At current market price of Rs 43, the stock has trading with a P/E of 15.65.


Sell IFCI Stock

IFCIStock Market Analyst Ashwani Gujral has suggested the investors to sell IFCI stock as there are full chances of a downward trend in this stock.

If the stock fell below Rs 80, it may see more weakness. Presently (at 10:45 am), IFCI stock is hovering near Rs 78, down 21%.

So, the investors should sell IFCI with a stop loss of Rs 108 for a target of Rs 67.

There is also news that IFCI has rejected the bid put in by Sterlite-Morgan Stanley as both the parties failed to strike agreements over the price and management control.


Short Term Buy Call For ‘Wire and Wireless (India) Ltd’

WWILStock analyst Ashwani Gujral is of the view that investors can buy Wire and Wireless (India) for achieving a short term target of Rs 130.

Today (Dec 20), the stock opened at Rs 96.40 after making its closure at Rs 94.25 (on Dec 19). Presently (10:58 am), the stock is hovering around Rs 91.90, down 2.5%, and this is the best time to buy the stock.

The stock will surely achieve the said target within a period of 3-4 weeks. So the investors are suggested not to sell this stock before achieving this target.


Emkay Shares Intraday Call

Emkay Share

Emkay Shares & Stock is good for intraday trading on Monday. The stock gained around 4% on National Stock Exchange in previous session. The stock closed at Rs 279 on NSE. The trading volume stood at 17,470.

For day traders, the stop loss for Emkay Shares is Rs 273. The first target is Rs 288. If the stock markets remain strong, the stock may touch a new 52-week high.

The stock is trading at a P/E of 49. Emkay Shares has touched a 52-week high of Rs 295.50 on National Stock Exchange.

Emkay recently approved Rs 250 crore QIP issue. The company has planned a board meeting on January 11, 2008.


TCS intraday Buy Call

TCS Shares

TCS is looking good at current levels. For intraday trading, the stock can be bought around Rs 1040 – 1055. The stop loss for day traders is Rs 1030. The stock may touch Rs 1065 – 1075 in today’s trading session.

Technology major TCS gained over 2% in last trading session. The stock has touched a 52-week high of Rs 1388 and a low of Rs 926.

At a P/E of 24, TCS is among top companies in Technology sector which look under-valued. The technology sector has lost steam as the US dollar value declined compared to Indian currency. Some major companies like Satyam, Wipro, Infosys are expected to show good performance in coming quarters.


GTC Industries intraday Buy Call

GTC Industries is looking good for intraday trading on Monday. The stock closed at Rs 692 on National Stock Exchange.

The target for Monday for GTC Industries is 710. Second target is Rs 724. For intraday trading, please keep a strict stop loss of Rs 682.

The stock is trading at a P/E of 23.5 and an EPS of Rs 29.

Other stocks from same sector are ITC, RDB Industries, Godfrey Phillip and Kothari Product.


Monday Stock Markets Review

The stock markets are expected to open with an upward gap. The Indian stock markets closed weak during the last week. The weekend was good for global markets. US markets closed higher.

The Asian markets have opened strong. Indian Stock markets should open with at least 60 points plus for NSE Nifty.

BJP won Gujarat Elections with 2/3rd majority. This will ensure that the early elections will not happen as the congress will wait for the right time. This will be a good sign for Indian stock markets.

There are many good stocks which are looking relatively cheap if investors have a long term holding capacity. The stock markets may end the year with strong up-move as the current week may be shorter due to holidays.


Gujarat Industries Power Buy Call

Industries Power
Gujarat Industries Power is good pick for today’s intraday trading. The stock closed around Rs 130 on NSE during previous trading session. VK Sharma of Anagram Stock Broking Ltd. has suggested the stock for intraday trading with a stop loss of Rs 125.

The first target for Monday is Rs 138. The second target is at Rs 141. The stock may touch a 52-week high in today’s trading session.


ONGC Buy Call

ONGCStock market analysts have suggested a ‘buy’ for ONGC to achieve a robust intraday target between Rs 1266-1284, in today’s trading session.

The stock has gained 4.75 percent on 24 Dec, and marked its closure at Rs 1,247.40.

The company has a good business model, and it may soon come out with robust results. It is a brilliant stock, which has seen a 52 week high of Rs 1386.0 and a low of Rs 750. At current market price of Rs 1247, the stock is trading with a P/E of 15.64. The EPS stood at Rs 79.75.

Interested investors can purchase ONGC stock around Rs 1243-45 with a stop loss of Rs 1233.


Buy SAIL

SAILSAIL is looking good for intraday trading in today’s session. It has performed brilliantly on Monday (24 Dec), and marked its closure at Rs 268.45, up 4.20%.

Today (26 Dec), it will surely cross Rs 279. If the stock price hits this target, the next target for the day will be above Rs 286.

Interested investors can purchase this stock between Rs 265-267 with a strict stop loss of Rs 268.

The total volume of the shares traded on Dec 24 stood at 2,303,656. It is looking very strong as the stock markets have made their closure on a cheerful note.


Buy Indusind Bank

IndusInd BankInvestors with a high-risk desire can consider an exposure in the Indusind Bank stock taking advantage of the recent movement.

Stock analysts have a buy recommendation outstanding on this stock. The stock has seen a decent rise in recent trading sessions.

Interested investors may buy the stock around Rs 117, with a stop loss at Rs 122. The target for today’s trading session lies between Rs 131-135.

Today the stock opened at Rs 127 as compared to its Monday’s closure at Rs 125.95 on BSE. .


Raymond Buy Call

RaymondAn investment may be considered in the stock of Raymond, as there are full chances of upside potential today.

Stock analysts have given this buy call, and said that the stock is expected to generate handsome returns in today’s session. It has performed brilliantly on Monday, and today, it opened at Rs 416 as against its previous close at Rs 412.60.    

Interested investors can purchase the stock with a stop loss of Rs 406 to achieve an intraday target of Rs 421-429. The traders can surely achieve this target as the stock market is also trading in the positive mood.


NTPC Intraday Buy Call

NTPCNTPC is a profitable & standard stock, which is ready to zoom in today’s trading session. The stock has an intraday target between Rs 239-242.

It is better for traders to purchase the stock around Rs 232, with a stop loss at Rs 235.

Today, the stock opened at Rs 237 on BSE, as compared to its Monday’s closure at Rs 236.25. On the other hand, the stock opened at Rs 239 as against its Monday’s closure at Rs 236.65 on NSE.

NTPC has seen a 52-week high of Rs 284.90 on Bombay Stock Exchange. The P/E is 24.27, and EPS stands at Rs 9.86. Presently (11:05 am) NTPC is trading positively on both BSE and NSE.


Rolta India Buy Call

Rolta IndiaBuy Rolta India at Rs 704 with a stop loss at Rs 698 for achieving an intraday target of Rs 730.

Stock market analysts have given this intraday call after analyzing the stock’s previous performance. Intraday day investors can sell the stock after making the said profit.

Presently (11:20 am), the stock has gained around 4.08% at Rs 717.65 on BSE, and around 4.14% at Rs 718.05 on NSE.

The company with the huge expansion plans and capital expenditure is rising speedily. It has big clientele and its strong network is likely to develop exponentially year over year providing plentiful scope for investments.


Short Term Buy Call For ‘BHEL’

BHELInvestors are suggested to buy Bhel stock to achieve short term target between Rs 2530-2550.

Today, Bhel stock opened at Rs. 2500, after the previous close of Rs. 2489.25 at BSE. Presently (11:45 am), the stock is trading 2.36% up at Rs. 2,548.05 at the BSE.

The stock opened at Rs. 2,499, after the previous close of Rs. 2,491.55 at NSE. At present, the stock is trading 2.15% up at Rs. 2,545 at NSE.

The investors can purchase the stock on declines around Rs 2,482. The stock will surely achieve the said target within a period of 3-4 weeks. So, the investors are suggested not to sell this stock before achieving this target.


Buy IOC

IOCIndian Oil Corporation (IOC) stock is trading positively on both BSE and NSE. Presently (1157 am), it is hovering around Rs 664, up 2.12% on BSE and and around Rs 665, up 2.63% on NSE. There are full chances of an upside potential today.

Stock analysts have recommended the day traders to purchase the stock around Rs 671 with a strict stop loss at Rs 666. The target for the day is Rs 700.

The stock has shown a decent rise in previous trading sessions. The stock has seen a 52-week high of Rs 697.25 and a low of Rs 370 on BSE.


Buy Hindustan Construction Company

Hindustan Construction CompanyHind Construction stock is looking good for intraday trading today. It has performed brilliantly on Wednesday (26 Dec), and marked its closure at Rs 208 after making a gain of 7.33 percent.

Today (27 Dec), it will surely cross Rs 213. If the stock hits this said target, the next intraday target will be above Rs 218. Traders can buy this stock at Rs 205 with a strict stop loss of Rs 204.

The total volume of the shares traded on Dec 26 was 2,324,993. It is looking very strong, and grasp as much as you can.


XL Telecom Intraday Buy Call

XL Telecom Limited
XL Telecom announced yesterday that the company will enter Power Generation Sector. The company will start projects in Spain. The money will be raised with equity and debt.

Stock Market Analyst Rajat K Bose has suggested a buy call for the stock with a target of Rs 555. This recommendation is for day traders only. Keep a strict stop loss of Rs 508.


Neyveli Lignite Buy Call

Neyveli LigniteStock analysts have recommended ‘Buy’ on Neyveli Lignite Corporation with an intraday price target between Rs 256-261, as against current market price of Rs 250.55.

The stock has seen a decent rise in recent trading sessions. It has a potential to rise to the target price as the company has good growth prospects considering its projects under implementation and aggressive growth plans.

Day traders can purchase the stock around Rs 246, with a stop loss at Rs 250.


Shree Renuka Sugars Buy Call

Shree Renuka Sugars
Shree Renuka Sugars is looking good for long term investment as per Technical Analyst Ashwani Gujral. TopNews had recommended the stock on 12 December at Rs 800. The stock has gained smartly and is ended the day on Wednesday at Rs 1033. The stock touched a 52-week high on Wednesday of Rs 1052.

As per recommendation of Mr. Ashwani Gujral, the stock can be good for long term target of Rs 1300. Investors should keep a stop loss of Rs 920 for Shree Renuka Sugars.


Noida Toll Bridge Buy Call

Noida Toll BridgeAccording to stock market analysts, there are full chances of an upside potential in Noida Toll Bridge stock in today’s trading session.

The stock is likely to generate handsome gains today. It has also performed well on yesterday (26 Dec). Today, it opened at Rs 61.80 as against its previous close at Rs 60.80 on BSE.    

Interested investors can purchase the stock with a stop loss of Rs 59 to attain an intraday target that lies between Rs 64-66. The traders can surely achieve this target as the stock market is trading in the positive mood.


Reliance Petroleum Intraday Buy Call

Investors can purchaseRPL Reliance Petroleum stock for intraday dealings today. It is a productive & standard stock, which will surely left investors with good returns.

It is better for investors to purchase the stock around Rs 218-219, with a stop loss at Rs 222. The stock has an intraday target between Rs 227-230.

Today, the stock opened at Rs 225 on BSE, as compared to its yesterday’s closure at Rs 223.85. On the other hand, the stock opened at Rs 226 as against its last closure at Rs 223.90 on NSE. It has seen a 52-week high of Rs 295 on Bombay Stock Exchange. At present (10:33 am) RPL is trading positively on both BSE and NSE.


Stock Markets Review

Stock Markets Review
Wednesday’s trading session was good for Indian Stock markets. Markets opened with a huge upward gap and ended the day with decent gains. Stocks in US markets ended with 0.8% gains a day before Christmas and the sentiment was good for Asian markets after Christmas.

Stocks which touched 52-week high included Adani Enterprises which touched a high of Rs 1038 and ended the day at Rs 1029.

BPCL touched a high of Rs 485 and ended the trading session at Rs 477. BPL has been gaining since last few sessions. The stock touched a 52-week high of Rs 107.80 and managed to close at the same level.


Buy GMR Infra

GMR InfraStock market analysts have suggested a ‘Buy’ on GMR Infrastructure to achieve an intraday price target of Rs 257.

Analysts have given this intraday call after analyzing the stock’s previous performance. Traders can purchase the stock around Rs 243. The stop loss for the day is at Rs 245.

Yesterday (26 Dec), the stock has performed brilliantly for the whole day, and finally it marked its closure at Rs 247.75 on BSE. The outlook looks positive. If the stock market falls, leave the stock and forward your decision to the next trading session.


Tisco Buy Call

TISCOHitendra Vasudeo of stockmechanics.com has suggested investors to buy Tisco above Rs 905 to achieve an intraday target of Rs 918.

Today, Tisco stock opened at Rs. 900, after the previous close of Rs. 892.75 at BSE. Presently (12:02 pm), the stock is trading 0.36% up at Rs. 896 on BSE.

The stock opened at Rs. 906, after the previous close of Rs. 892.80 at NSE. At present, the stock is trading 0.53% up at Rs. 897.55 at NSE.

The investors are suggested not to sell this stock before achieving this target.


Sujana Towers Intraday Buy Call

Stock MarketSujana Towers Analyst Hitendra Vasudeo of stockmechanics.com has suggested day traders to buy Sujana Towers stock to achieve a target of Rs 229. The traders should use Rs 197 as stop loss.

Presently (12:15 pm), Sujana Tower stock is trading 1.67% up at Rs 201 on BSE. There are full chances of an upside potential today. The stock has shown a decent rise in previous trading sessions, and a 52-week high of Rs 209.50 on BSE.

The Sujana Group will invest Rs 2.5 billion in a year to capture 10% of the total tower manufacturing market across the country.


Shipping Corporation of India Delivery Call

Technical AnalystSCI Hitendra Vasudeo (stockmechanics.com) has suggested to buy Shipping Corporation of India to be sold on Monday (31 Dec).

The delivery call has been given as the stock has performed well from last few weeks.

Mr. Vasudeo has suggested investors to buy the stock above Rs 282 with a strict stop loss of Rs 244 for achieving a target between Rs 355- 473.

Today the stock has gained above 9.84% at Rs 284 up till now (12:40 pm), and it is expected to touch this level in the said time period. The stock still has good potential.


Stock Markets Review

Indian Stocks markets ended the day with marginal gains. BSE Sensex touched a high of 20,323 but ended the day with gain of 24 points at 20,216. NSE Nifty also gained 11 points to close at 6081.

US Stock markets lost nearly one percent after a weak report regarding durable good was released. Benazir Bhutto’s assassination in Pakistan raised worries about global political stability.

Indian Stocks markets may remain weak on Friday’s trading session as the global cues aren’t very favorable. The events in Pakistan may also impact the market sentiment.


Short Term Buy Call For CMC

Stock marketCMC Limited analyst E Mathew has suggested investors to purchase ‘CMC’ stock to achieve short term target of Rs 1680.

CMC stock has performed brilliantly on Thursday (27 Dec), and marked its closure at Rs 1378.90 after making a gain of Rs 85.05. The total volume of the shares traded was 61,669. It is looking very strong, and grasp it as much as you can.

On Bombay Stock Exchange, the stock has touched 52-week high of Rs 1550 and the low of Rs 488. The investors can purchase the stock around Rs 1,345 with a stop loss of Rs 1320. With an EPS of Rs 54.63, the stock traded with a P/E of 25.24 on yesterday.


Buy Reliance Natural Resources Ltd.

RNRLAs per technical charts, Reliance Natural Resources can be purchased around Rs 174 with a strict stop loss of Rs 171 to achieve an intraday target between Rs 178-180.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 198 and a low of Rs 19. The stock has also achieved an intraday high of Rs 175 and a low of Rs 165.

The activity of the company is to source, supply and the transportation of gas, coal and liquid fuels. It also involved in the exploration, production and distribution of gas and the mining of coal.


Jaiprakash Hydro-Power Buy Call

Jaypee GroupAs per views of stock market analysts, investors can buy Jaiprakash Hydro-Power at Rs 128 with strict stop loss of Rs 126. This is an intraday call, and the target for the day is Rs 137.

This is the best time to go with stock, as it has seen decent rise from last few trading sessions.

Yesterday (27 Dec), the stock of the company marked its closure at Rs 126 on National Stock Exchange. The total volume of share traded was 14281951.


Edelweiss Capital Buy Call

Edelweiss Capital is looking good for short term perspective. The stock has touched a high of Rs 1474 in today’s trading session. The stock can be bought at current level of Rs 1455- 1460.

Edelweiss Capital is a fundamentally strong stock and has touched a 52-week high of 1,608.75 on NSE.

Stock may touch 1500 levels today. Investors can keep the stock for 2 – 3 trading sessions and should exit at higher levels.

Other stocks from the same sector which can be considered for investment include IndiaBulls, Motilal Oswal and India Infoline. India Infoline has been in news due to stake sale. Indiabulls has been touching 52-week high for past few trading sessions.


RNRL Intraday Buy Call

Stock analystsRNRL have recommended a ‘Buy’ on RNRL with an intraday price target between Rs 183-187, as against current market price of Rs 183.40.

The stock has seen a decent rise in recent trading sessions. It has a potential to rise to the target price as the company has good growth prospects considering its projects under implementation and aggressive growth plans.

Day traders can purchase the stock around Rs 178, with a stop loss at Rs 174. Traders can surely reap good returns today.


Gujarat NRE Coke Limited

Guj. NRE CokeGujarat NRE Coke has completed the attainment of the Australia-based Elouera mine from BHP Billiton, a part of the Australia-based Illawarra coal business for an undisclosed sum.


Buy Patspin India

Investors can purchase Patspin India stock for intraday dealings today. It is a productive & standard stock that will surely left traders with good returns.

It is better for investors to buy the stock on declines, with a stop loss at Rs 18 for an intraday target between Rs 22-24.

Today, the stock opened at Rs 19.95 on BSE, as compared to its Friday’s closure at Rs 19.83. On the other hand, the stock opened at Rs 17.55 as against its last closure at Rs 18.45 on NSE. It has seen a 52-week high of Rs 23.35 on Bombay Stock Exchange. At present (12:20 pm), the stock is trading positively on both BSE and NSE.


SAIL Buy call

Steel Authority of IndiaSAIL (SAIL) and Rashtriya Ispat Nigam (RINL) are in the process of escalating its capacity.

The expansion plan would raise the capacity of SAIL from 14.6 million tons of hot metal to 26 million tons by 2010 at an estimated cost of around Rs 530 billion. SAIL is also planning to swell its capacity further to 60 million tons per annum by 2020.


DLF Intraday Buy Call

DLFBuy DLF around Rs 1050 with a stop loss at Rs 1020 for an intraday target of Rs 1094.

Stock market analyst VK Sharma has given this day trading call.

Presently (12:43 pm), DLF stock is trading 2% up at Rs 1085 on BSE. There are full chances of an upside potential today. The stock has shown a decent rise in previous trading sessions, and a 52-week high of Rs 1099 on BSE.

Realty firm, DLF has decided to lift USD 5 billion over the next three years by listing five of its business units, DLF Homes, DLF Retail, DLF Hotels, DLF Utilities and DLF Infrastructure.


Short Term Buy Call For Orchid Chem

Orchid ChemicalsStock market analyst Ashwani Gujral has suggested investors to purchase ‘Orchid Chem’ stock to achieve short term target of Rs 400. It is looking very strong, and grasp it as much as you can.

The stock has performed in the previous trading sessions. Today, it opened at Rs 302 as compared to its Friday closure at Rs 294.70. Presently (1:00 pm), it is trading 0.25% down at Rs 293.95.

On Bombay Stock Exchange, the stock today has touched a new 52-week high of Rs 302. The investors can purchase the stock around Rs 278 with a stop loss of Rs 265. With an EPS of Rs 25.39, the stock is trading with a P/E of 11.58.


TTML Buy Call

Tata Teleservices (Maharashtra) Ltd (TTML) is looking good for intraday trading. Stock market analyst Sudarshan Sukhani has recently given a buy call for TTML in short to medium term.

The stock may touch Rs 64 today. For intraday traders, a stop loss of Rs 60 should be kept for TTML. One may buy the stock around Rs 61.5 – 62.5 in today’s trading session. TTML may touch another 52-week high today.

Mr. Sukhani said during an interview with Business News Channel CNBC TV18 that TTML is looking good at current levels. The stock has been touching 52-week highs and has gained on back of huge volumes. Mr. Sukhani termed TTML as momentum stock which traders can enter to make money as it offer decent swings in trading sessions.


Stock Market Review

Indian Stock markets closed the first trading session of 2008 with marginal gains. The Asian markets were closed due to holiday while the US markets closed lower in their last trading session. Indian markets were not having any cues from global markets. The stocks remained range bound after a good start this morning. BSE Sensex had gained nicely in first few minutes of trade.

Reliance Energy was among major gainers today. The stock gained Rs 144 on NSE to close at Rs 2280 with a gain of 6.77%. Tata Power was another stock from power sector which gained over 6 percent to close at Rs 1567.

ITC gained nearly 4% to end the day at Rs 218. Real Estate major Unitech was another stock which gained nicely in today's trading session.


Axis Bank Delivery Call

Technical AnalystAxis Bank Hitendra Vasudeo (stockmechanics.com) has suggested investors to buy Axis Bank to be sold after Wednesday (9 Jan), as the bank will announce its quarterly results on 9 Jan.

Axis Bank informed that a meeting of the board of directors of the Bank will be held on Jan. 9, 2008, to consider and approve the unaudited quarterly financial results of the Bank for the quarter ended Dec. 31, 2007 (Q3).

The delivery call has been given as the stock has performing well from last few weeks.


Allahabad Bank Buy Call

Hitendra VasudeoAllahabad Bank of stockmechanics.com has suggested day traders to buy Allahabad Bank above Rs 139 to achieve an intraday target that lies between Rs 147-163.

Today, Allahabad bank opened at Rs. 131.70, after the previous close of Rs. 129.30 at BSE. Presently (1:06 pm), the stock is trading 7.89% up at Rs. 139.50 on BSE.

The stock opened at Rs. 132, after the previous close of Rs. 129.50 at NSE. At present, the stock is trading 7.41% up at Rs. 139.10 at NSE.

The traders are suggested not to sell this stock before achieving the said target. They should use Rs 133 as stop loss for the day.


NELCO Intraday Buy Call

Nelco stockNELCO is looking excellent for intraday trading in today’s session. It has performed well on yesterday (2 Jan), and marked its closure at Rs 167.35 after making a gain of 8.11 percent, on BSE.

Today (3 Jan), it will surely cross Rs 175. If the stock hits this said target, the next intraday target will be above Rs 185. Interested day traders can purchase the stock around Rs 166 with a strict stop loss of Rs 164.

The total volume of the shares traded on Jan 2 was 632,774 on BSE. It is looking very strong, and grasp as much as you can.


Everest Kanto Buy Call

EKCStock analysts have recommended a ‘Buy’ on Everest Kanto stock with an intraday price target between Rs 389-404, as against today’s (Jan 2) opening price of Rs 380.00.

The stock has seen a decent rise in recent trading sessions. It has the potential to rise to the target price as the company has fine growth projections considering its projects under implementation and aggressive growth plans.

Day traders can purchase the stock around Rs 378, with a stop loss at Rs 369.

Traders can surely reap good returns today. The stock has seen a 52-week high of Rs 384.45 and low of Rs 145.60 on the Bombay Stock Exchange.


Escorts Ltd Buy Call

Escorts LtdAccording to stock market analysts, there are full chances of an upside potential in Escorts Ltd stock in today’s trading session.

It has also performed well on yesterday (2 Jan). Today, it opened at Rs 165 as against its previous close at Rs 163.85 on BSE.

The stock is likely to generate handsome gains today.

Interested investors can purchase the stock with a stop loss of Rs 161 to attain an intraday target that lies between Rs 168-172. The traders can surely achieve this target as the stock market is trading in the positive mood.


Buy Sical Logistics

TradersSical Logistics are suggested to buy ‘Sical Logistics’ stock for intraday dealings today. It is a productive & standard stock, which will surely left investors with good returns.

It is better for investors to purchase the stock around Rs 218-219, with a stop loss below Rs 319.50. The stock has an intraday target between Rs 366-375.

Stock market analyst Rajat K Bose has given this day trading call.


Short Term Buy Call For Hindustan Dorr-Oliver

Stock market analyst E Mathew has suggested investors to purchase ‘Hindustan Dorr-Oliver’ stock to achieve short term target of Rs 208.

The stock has performed brilliantly on Wednesday (2 Jan), and marked its closure at Rs 178.30. Today, the stock opened at Rs 183.90 on BSE.

On Bombay Stock Exchange, the stock has touched 52-week high of Rs 187.20 and the low of Rs 57. The investors can purchase the stock around Rs 175 with a stop loss of Rs 166. With an EPS of Rs 5.01, the stock is trading with a P/E of 37.34 at 11:20 am (today).

The stock will surely achieve the said target within a period of 2 weeks. So, the investors are suggested not to sell this stock before achieving this mark.


Buy ‘Axis Bank’ For Short Term

Axis BankTechnical Analyst Ashwani Gujral has suggested investors to buy ‘Axis Bank’ stock for short term. The stock has been performing well from last few weeks.

Interested investors can buy the stock at Rs 1008 with a strict stop loss of Rs 985 for achieving a short term target of Rs 1150 within a period of 4-5 weeks.

Today, the stock has gained 0.61% at Rs 1,040.20 up till now (12:15 pm) on BSE, and it will surely achieve this target within said time period.

The stock still has good potential and it is rising exponentially year over year and offering up plentiful scope for investments.


Peninsula Land Intraday

Intraday tradersPeninsula Land can buy Peninsula Land at around Rs 154 – 156 for an intraday target of Rs 162. The second target is Rs 166 if the markets remain stable. The stop loss for the stock is Rs 152.

Real Estate Developer Peninsula Land is a good buy for medium term as well. Investors can enter the stock on declines.

Real Estate stocks have been performing really well in stock markets. Stock markets are trading near their all-time highs, so volatility is higher. Day traders should be cautious and should cut their positions at suggested stop loss.


Cairn India Intraday Call

Cairn IndiaCairn India is looking good for intraday trading. The stock is hovering around its 52-week high and can make a new high in today’s trading session.

Cairn India can be bought around Rs 254 – 257. For intraday, the first target is Rs 262 which should be easily met if the markets open positive. The second target is Rs 267 for the stock. The stock could make can new 52-week high today as Cairn India was among major gainers on Nifty yesterday.

Day Traders should keep a strict stop loss of Rs 251 for the stock. Other stocks from the sector, which look good for investment, include RNRL, GAIL, ONGC and Aban Offshore.


Power Grid Corporation Buy Call

Technical Analyst Power Grid CorporationE Mathew has suggested a buy call for Power Grid Corporation for short term investors. The stock can be bought at current levels of Rs 152 – 154.

The target for short term is Rs 165 – 175. Investors should keep a stop loss of Rs 140 for the closing (not for intraday).

Power Sector is looking good and there are many stocks which are good for investments. It may not be a very good decision to enter the sector now, but investors who have already invested in any of the Power Sector companies, may hold for some more time.


RPG Cables Long Term Call

RPG Cables RPG Cables Limitedis one stock which can be a good turn around story over next 6 months to 1 year. The company has huge debt and is making loss. For the quarter ended Sep 2007, the loss has increased compared to previous quarters.

As per reports, RPG Cables has some land in Mumbai which is valued above Rs 100 crore. The company holds real estate at some other locations as well. If the company is successful in getting a good price for the land, the debt can be paid. This can help the company to plan future expansion as well.

The stock has seen a rise in trading volumes recently.


Stock Market Review

Indian Stock Markets All time HighIndian Stock markets have started the new year with decent gains. In the first week of 2008, BSE Sensex and NSE Nifty closed at their all time closing high. Midcap index is also at its all time high.

Many stocks.have touched their lifetime high. The current rally has been powered by banking and Power sector stocks. Technology and Pharmaceutical stocks have not performed well in the current rally of stock markets.


Hindalco Industries Buy Call

Stock analystsHindalco have suggested day traders to buy Hindalco Industries with a stop loss of Rs 216 to achieve a price target of Rs 231 in today’s trading session.

As the constructive turn of the stock, the stock has been performing well from last few weeks, and it is expected that the stock will achieve new yearly highs in the coming weeks.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 240 and a low of Rs 120. Yesterday, the stock ended the day at Rs 212 on National Stock Exchange. Total volume of share traded was 4,317,523.


Buy Praj Industries

Praj IndustriesAs per technical charts, investors are recommended to buy Praj Industries stock with a strict stop loss of Rs 255. The stock, which has seen decent rise from last few weeks, will surely left investors with good returns.

It is better for investors to purchase the stock for achieving a price target between Rs 267-284.

The stock of the company has touched 52-week high of Rs 262 with a low of Rs 245 on National Stock Exchange. Yesterday ( 3 Jan), the stock close the day at Rs 245 at NSE. Total volume of stock traded on NSE was 1267995. The stock still has much potential to rise in today’s trading session.


Buy Parsvnath Developers

Parsvnath Developer LtdAs per stock market analysts, investors can buy major real estate Parsvnath Developers with a stop loss of Rs 517.

Interested investors can purchase it to achieve a long term target of Rs 570.

As turn around story of the stock, it is playing brilliantly from last few weeks in the stock market.

The stock has touched its 52-week high of Rs 539 with a low of Rs 480 on National Stock Exchange. The stock still has much potential to achieve new yearly highs records in the coming weeks.


Shreyas Shipping Buy Call

Shreyas Shipping & Logistics Ltd.Stock analysts have suggested a buy on Shreyas Shipping with a strict stop loss of Rs 147. Traders can purchase the stock to achieve an intraday target between Rs 159-169.

Shreyas Shipping & Logistics Limited is an India-based company engaged in the logistics business. The Company is also engaged in warehousing, cold storage services, logistics of agriculture products, break bulk cargo and liquid logistics business.

In financial year 2007, it launched a container shuttle service between India and Karachi, and added 680 containers to its fleet through its subsidiary.


IFCI Buy Call - Stake Sale News

IFCI stock IFCI Limitedhas seen very volatile movements due to stake sale. The stock was recently dumped by traders as the stake sale was called off.

There is a rumor in the markets that IFCI stake sale could soon be finalized at Rs 115 per share. If this happens, the stock may see rise in valuations.

The stock is currently trading at Rs 96.50 with a gain of Rs 5 on BSE.

IFCI stock is looking good for long term investment as well. The fundamentals are looking good and with stake sale, there could be reforms in the corporation.


Sensex crosses 21, 000 marks

Bombay Stock ExchangeMumbai, Jan 8: The Bombay Stock Exchange benchmark Sensex today crossed the 21,000 points level in early morning trading.

It touched the new height by gaining over 264 points to touch 21,077 points in the first few minutes of trade.

The National Stock Exchange's Nifty also hit 6327 points by gaining over 48 points. (ANI)


Deccan Aviation Buy Call

Deccan AviationDeccan Aviation looks compelling to be purchased for intraday trading in today’s session.

The stock has given an outstanding performance on yesterday (4 Jan), and closed the day at Rs 281 on National Stock Exchange.

Interested day traders can pay for the stock with a strict stop loss of Rs 293. Stock analysts have recommended a price target of Rs 314 for this counter.

The total volume of the shares traded on Jan 4 was 1367592 on NSE. The stock is looking robust to reap good returns.


Buy Ballarpur Industries

As per views of technical analysts, traders who want to make good returns from intraday tradingBallarpur Ind can purchase Ballarpur Industries with a strict stop loss of Rs 184. The marked price target for the suggested stock lies between Rs 195-202.

The stock has been performing brilliantly from last few weeks, and it will definitely left capitalists with great earnings in today’s session.

Based on current results, the stock of the company is trading at a P/E 13 and offers an earning per share of 14. At National Stock Exchange, the stock of the company has touched 52-week high of Rs 196 with a low of Rs 90.


Balrampur Chini Mills Intraday Buy Call

Balrampur Chini Mills Ltd.According to technical charts, traders can buy Balrampur Chini Mills above Rs 125 with a stop loss of Rs 120. The price target for the said counter lies between Rs 134. This is an intraday call for day traders.

On National Stock Exchange, the stock of the company has touched 52-week high of Rs 127 and a low of Rs 49. The stock has seen an intraday high of Rs 127 with a low of Rs 122.

The group’s principal activities are to manufacture and market crystal sugar, industrial alcohol, iron castings, soya products, sunflower oil, molasses, fertilizers, chemicals, seeds, bio earth and other industrial products.


Suzlon Energy Buy Call

Stock analyst Suzlon EnergyHitendra Vasudeo (stockmechanics.com) has recommended a ‘Buy’ on Suzlon Energy stock with a price target between Rs 2785-3796, as against today’s (Jan 8) opening price of Rs 2,196.30.

The stock has seen a decent rise in recent trading sessions. It has the potential to rise to the target price as the company has fine growth projections considering its projects under implementation and aggressive growth plans.


Sell Grasim Industries

Grasim Ind.Stock market analyst Rajat K Bose has suggested the investors to sell Grasim Industries stock as there are full chances of a downward trend in this stock.

After opening strongly at Rs 3,590 against its last closure at Rs 3515.15 (7 Jan), the stock traded in a weak manner on yesterday (8 Jan), and marked its closure at Rs 3,400.60 after making a loss of Rs 114.55.

If the stock fell below Rs 3380, it may see more weakness. So the investors must sell the stock with a stop loss above 3440 for targets of Rs 3330 and Rs 3305.


Fulford India raises Rs. 400 million

Pharmaceutical firmFulford India Limited, Fulford India Ltd has announced that the company has raised Rs. 400 million by issuing 700,000 shares of Rs. 10 each at a premium of Rs. 565 per share, to its promoters Dashtag.

The funds were raised to provide capital in order to enable the company to strengthen its position in the market and act on strategic business growth opportunities, an official release said.


UTI AMC files IPO papers for 4.85 crore equity shares

UTI Asset ManagementUnit Trust of India, India's second-largest mutual fund firm, has filed papers for its initial public offer for 4.85 crore equity shares with the Securities and Exchange Board of India.

The IPO is estimated to raise close to Rs 2,000 crore (about $500 million). Its four sponsors and the selling shareholders are State Bank of India, Life Insurance Corporation of India, Punjab National Bank and Bank of Baroda.


House of Pearl signs MoU to acquire 75% stake in Hong Kong-based firm; Stock gains 5%

House of Pearl House of Pearl Fashions LtdFashions Ltd (HOPFL) has announced that the Company has signed a Memorandum of Understanding (MoU) to acquire 75% stake in the Hong Kong-based marketing Company, Simple Approach Ltd. The Company has been working at strengthening its distribution muscle in the overseas markets.

The acquisition will benefit the Company in expanding its customer base into high fashion mid market segment. TopNews had recommended the stock in December last year. The stock has gained decently over the last couple of weeks.


SBI to raise 16736 crore; Rights Issue price fixed at Rs. 1590

The country’s State Bank of Indialargest bank, State Bank of India (SBI) has announced that bank’s board has decided to raise money with the Country's largest ever rights issue by the end of the current financial year in March 2008.

The board has approved a 1:5 rights issue at a 35.42% discount to its closing price on the Bombay Stock Exchange (BSE) on Monday. The rights share with a face value of Rs 10 each will be offered at a premium of Rs 1,580, an official release said.

On Monday, shares of SBI closed at Rs 2,462 up by 1% over previous close of Rs 2,437.


Sell Reliance Petro

Reliance Petro‘Reliance Petro’ stock has been trading weakly from last few days. Today, the stock opened at Rs 215.90 as against its last closure at Rs 219.70 on BSE.

Presently (1:10 pm), the stock is trading 0.41% down at Rs 218.80 on BSE.

After analyzing the company’s growth charts, stock market analyst Hitendra Vasudeo of stockmechanics.com has suggested investors to sell Reliance Petro below Rs 212 with a stop loss of Rs 217 to achieve a target that lies between Rs 205-192.

Mr. Vasudeo also said that it is really unfavorable to hold the stock at this time, as it is going down and down.


Sell Reliance Communications

Reliance CommunicationsStock analyst Hitendra Vasudeo (stockmechanics.com) has suggested investors to sell Reliance Communications stock below Rs 738 with a stop Loss of Rs 746 to achieve a target of Rs 713-Rs 671.

Today, the stock opened at Rs 770 as against its previous closure at Rs 777.40 (Jan 15). At present (1:40 pm), the stock is trading around 6 percent down at Rs 731.

Mr. Vasudeo is of the view that investors should sell the stock today in order to avoid loss.

He also said that the recent declining movement will remain within the stock on Thursday.


Stock Market Review

Indian Stock markets ended lower on Wednesday’s trading session. BSE Sensex lost 382 points and closed below 20,000. NSE Nifty closed below 6000 mark with a loss of 138 points. Market Experts believe that the negative news from Global markets may cause further downfall in Indian stock markets.

Stock markets have gained very quickly in the last quarter of 2007. There have been two very small corrections. Technical Analyst Rajat K Bose said in a statement that Indian Markets are looking overheated. This time, the correction is expected to last longer and may cause substantial erosion of market capital.


Further Decline Expected In Stock Market, Says Vishwas Agarwal

Declining Stock MarketThe 30-share index opened after losing 171 points at 20,079.89 on yesterday (Jan. 16, 2008), and continued to trade weak all through the day due to heavy selling pressure in key stocks and weak global signs.

Sensex lost over 700 points in the noon and made a fantastic upturn by throwing some of its losses. Lastly the index settled down 382 points. It also touched an intraday low of 19,513.25.

BSE Sensex lost 382.98 points to end the day at 19,868.11, whereas the broad-based NSE Nifty ended at 5935.75, down 2.28 percent.


Himatsingka Seide Buy Call

Himatsingka SeideStock analyst E Mathew is of the view that Himatsingka Seide is ready to zoom in the coming weeks.

If the investors want to take advantage of this voltality, buy it around Rs 106, with a stop loss at Rs 101. The investors should hold the stock for at least 3-4 weeks. The short-term target for the said period is Rs 140.

Mr. Mathew has suggested investors not to sell this stock before achieving the said short term target.

Yesterday (16 Jan), the stock closed at Rs 111.35 after gaining 3.49% on BSE. The stock still has much potential. So don’t miss the chance and make good profit.


Stock Markets weak as global markets turn negative

Indian Stock markets witnessed another bad day as the Global markets were offering signals of weakness. Fears of recession grip US stock markets. Subprime crisis may cast bad effect in coming weeks as major financial institutions are releasing discouraging numbers.

Reliance Industries posted better than expected results. However, the stock lost over 3 percent and closed below 3000 level.

TV 18 lost nearly 7 percent to close at Rs 457 on NSE. IDBI lost nearly 5%. Ambuja Cements and United Spirits were among major losers on NSE.

Pharmaceutical major Ranbaxy lost nearly 3 percent to close at Rs 367 on BSE. Ranbaxy has not seen such lower levels for past 3 months.

TCS, HCL Infosys and ICICI Bank were among major losers on BSE.


Hold Ispat Industries!

After previous close at  Rs. 44.00, Ispat Industries stock is currently trading Rs. 1.40 up at Rs. 45.40 i.e 3.18% up at BSE on Jan 24 at 12:28 pm.

The stock closed at Rs. 43.90 yesterday, but it is currently trading Rs. 2.05 up at 45.95  i.e 4.67% up at NSE on Jan 24, at 12:32 pm.

The stock has great potential to go up. It is advised to hold the stock. Technical Analyst, Rajat K Bose reckons that above Rs 82, Ispat Industries can touch Rs 90.

According to Rajat K Bose, if the stock toches Rs 67-70, from there the next target would be something like Rs 79 to Rs 82 and above that it may even scale upto Rs 90.


Indian Stock Markets Gain

Indian Stock MarketsIndian Stock Markets Gain opened strong on Tuesday. The markets lost significantly in yesterday’s trading session amid worries of slow down in Japan. Markets opened strong today and have lost after first hour of trading. At 11.20 am, BSE Sensex was trading with a gain of 165 points at 18318. NSE Nifty was at 5333 with a gain of 59 points.

Major gainers in today’s trade included Suzlon Energy, HDFC and Sun Pharmacueticals. Suzlon was trading up by 6.24% at 334. HDFC gained over 4% in early trading session.


Union Bank Medium term buy call

Stock Market ExpertStock Market Expert Ashwani Gujral Ashwani Gujral has suggested a buy call on Union Bank. For Union Bank, Mr. Gujral has suggested a stop loss of Rs 190 on closing. The stock closed yesterday at Rs 209 on NSE. Union Bank is currently trading with a loss of Rs 2.5 on NSE. Short term target for the stock is Rs 250.

Union Bank has touched a 52-week high of Rs 250 on NSE and is currently trading with a P/E ratio of 9.72.

Most technical analysts are suggesting investors to have patience and are suggesting long term calls in some fundamentally strong stocks only.


BSE Sensex down in early trades

Reserve Bank of India kept the bank rate, repo rate and CRR unchanged. Indian Stock markets are down in the early trades. The BSE Sensex has lost over 100 point at 10.30 a.m. Stock market experts feel that there may be major correction in many stocks. The valuations of some companies are looking over-stretched. The long term outlook for the Indian markets remains positive. The short term trend may depend on global markets.

Bajaj Auto was down by 2.3% and was trading at Rs 2307. Another Auto major M&M lost nearly 1.5 percent in early trades. ITC was also among the losers in early trades.


BSE Sensex down by 282 points; Bank Stocks weak

Indian Stock Markets down, BSE Sensex falls furtherIndian Stock markets opened flat on Thursday and soon slipped due to selling pressure in many index stocks. BSE Sensex was trading with a loss of 282 points at 17,476. US stocks ended lower on Wednesday and Asian markets have also offered negative signals.

Metal counter Hindalco lost over 6.5% at Rs. 164. Oriental Bank of Commerce was down by 6%. Neyveli Lignite lost over 5 percent and was trading at Rs. 130. Power Finance Corporation was also down by 5 percent in early trades. Among major losers were MRPL, RCF, HMT and BILT.


Orchid Chemicals Intraday Buy Call

Orchid Chemical can be purchasedOrchid Chemical around Rs 240 by day traders in today’s trading session with a stop loss of Rs 237 for achieving an intraday target of Rs.245.
If the stock markets remain on positive track, the stock can also achieve the next intraday target of Rs 252.

The company’s shares closed at Rs 246.45 on Wednesday. The stock has touched 52-week high of Rs 328 and low of Rs 176 on BSE.
The stock has potential to rise to the target price as the company has good growth prospects considering its projects under implementation and aggressive growth plans.


S Kumars Buy Call

S.Kumar TradersStock market analysts have suggested traders to purchase S Kumar Nationwide stock today.
According to them, the stock can be purchased around Rs 128 with a stop loss of Rs 126 to achieve an intraday target of Rs 132.
The stock could easily retest its next intraday target of about Rs 138, if the stock market remains positive.
On Wednesday (30 Jan), S Kumar stock closed at Rs 134.40 on BSE. The stock has seen a 52-week high of Rs 177.9 and a low of Rs 59.15 on BSE.


Buy Renaissance Jewellery

Technical analystsBuy Renaissance Jewellery have suggested that day traders can purchase Renaissance Jewellery stock around Rs 103 with a strict stop loss of Rs 101. The day trading target for the day is Rs 110.
Analysts also said that the stock has enough steam to go up. If the stock markets remain on positive track, the next target for the day is Rs 119.
On Wednesday (30 Jan), the share closed at Rs 113.60 on BSE. The stock of the company has touched 52-week high of Rs 200 and low of Rs 83.6 on BSE.


Indian Markets Bounce Back

As buying continued in Technology Stocks and Index heavy-weight Reliance and ONGC, NSE Nifty is up by nearly 3.1% at 3.02 p.m. BSE Sensex is trading with a gain of 515 points while NSE Nifty has crossed 5300 mark with a gain of over 163 points. Stock markets bounced back on the last trading day of week as some select Technology counters gained decently.

Satyam Computers gained over 7%. The stock was trading at Rs 421 on renewed buying in the counter. Infosys Technologies was trading with a gain of 6%. Another Technology major HCL Tech was trading up by 9.2% at Rs 264. Polaris Software was also up by 7%.

ITC, ONGC and Maruti were among other gainers in today’s trading session.


Stock Markets remain strong

Indian Stock Markets Strong; BSE NSE Move upTechnology Stocks managed to gain on Monday’s trading session as well. Satyam Computers was trading at Rs 440 with a gain of over 4 percent at 1.20 p.m. Wipro gained decently in today’s trading session. The stock was up by 7 percent at Rs 471. Polaris Software was trading with a gain of nearly 7 percent. Infosys Technologies was also among gainers. The stock was trading with a gain of 4.3 percent. HCL Tech was trading at Rs 280 with a gain of five percent.


Indian Stocks close higher, US markets weak on Monday

BSE Sensex closed on Monday with a gain of 417 points at 18660 and NSE Nifty gained 146 points. After having a very fast correction in last two weeks of January, the investors were in panic as the volatility was causing issues with liquidity and payment crisis for some broking houses.

Some stocks which were highly traded by short term traders and day traders were punished very badly by bear operators. Hotel Leela, Chambal Fertilizers, Neyveli Lignite, ITI, RCF and MRPL are a few stocks which left deep holes in pockets of small investors. While some of these stocks are trying to gain in the recent rally in stock markets, the levels before the fall seem too high to be seen in next 2 – 3 months.


Indian Stock Markets open weak

Indian Stock Markets Weak
Indian Stock Markets opened weak and NSE Nifty touched a low of 4975 in first 10 minutes of trade. NSE Nifty opened at 5120.55 slightly above last close of 5120.35 and touched a high of 5126. The index witnessed a sudden fall and touched a low of 4975. At 10.07 a.m. was down by 87 points or 1.65 %. There was some recovery as buying in some select counters at lower level helped markets to gain some points.


BSE closes 341 points higher; Market Breadth remained weak

BSE Sensex ended 341 points higher on Wednesday on account of buying in some index heavyweights. BSE Sensex closed at 16,949 and NSE Nifty closed 91 points higher at 4929. Tata Steel and Reliance Industries were among major gainers in today’s trading session.

HDFC Bank closed with a gain of 4.9%. ICICI Bank, HDFC and SBI also managed to close with decent gains. Major gainers in today’s trade were Banking, Real Estate and Steel counters. Real estate major Unitech closed with a gain of 13.7 percent. DLF was also among major gainers.

Hero Honda ended the day with a gain of 6.8% at Rs. 716. SAIL closed a little below 200 level with a gain of 5.94 percent.


Stock Markets Close Strong; NSE Nifty closes above 5300

BSE Sensex closes higherIndian Stock markets ended the day with decent gains. BSE Sensex closed above 18,115 with a gain of 348 points. NSE Nifty gained 100 points to end the week at 5302. Markets opened weak due to weak global cues.
Investors may feel some relief as the markets have gained over 1000 points in recent trading sessions. The recent rise in the stock markets has been broad based. The madcap and smallcap indices have also gained along with BSE Sensex.


Stock Markets lose early gains

Stock markets have lost their gains by the end of the trading session. NSE Nifty touched a high of 5368 after opening slightly higher at 5278 compared to Monday’s close. NSE Nifty touched a low of 5262.

Pharmaceutical counter Ranbaxy Labs has gained over 4.5% at 3 pm. The stock is at its highest level of the day.

The stock has gained quite decently from the recent low due to stock market crash.

Among other major gainers were ACC, Polaris Software, Rolta, SAIL and Tata Tea. Cement major ACC was up by 4.67%. The stock touched a high of Rs. 799 in today’s trading session. Polaris Software was trading 6% up at 3 pm.

Among major losers were Reliance Energy, UTI Bank and MTNL.


BSE Sensex closes with a loss of 458 points

Indian stock markets ended the recent relief rally and closed with huge loss today. The markets opened weak in the morning and drifted further during the trading session. BSE Sensex closed at 17,617 with a loss of 458 points.  NSE nifty was down by 126 points at 5154.

Among major gainers were Hexaware technologies, MICO, EIH Ltd, Bombay dyeing, Tata power, Rolta India.

On the Bombay stock exchange, the major losers in A group were JP associates, reliance capital, HCL technologies, Titan industries, Bharat forge.  JP associates and reliance capital lost over seven per cent in today's trading session.


Sensex Gains Further Strength

BSE SensexOn the back of continued buying interest in the heavyweights, the 30-share benchmark index, Sensex is trading higher. All the segments are trading in the positive terrain.

Presently (10:52 am), the Sensex is trading at 17,842.83, up 225.23 points, whereas the broad based NSE Nifty is trading at 5,233.25, up 78.8 points.

BSE Midcap index climbed up 1.60% and Smallcap index gained around 1.57%.

Out of the total 2,193 stocks traded at the BSE, 1,570 progressed, 563 turned down whilst 60 remained unaffected.


Indian Markets open weak

Stock Markets trading weakBSE Sensex and NSE Nifty opened more than per cent lower due to weak global cues. At 11.30 a.m., BSE Sensex was down by 274 points at 17,460. NSE nifty was down by 65 points at 5126. On Friday, Dow Jones industrial average was down by 142 points. NASDAQ was also known by 27 points at 2299.

Reliance capital was down by 4.74% in Rs. 1909. Among other major losers were Rolta India, Mahindra & Mahindra, ABB, ICICI bank, Thermax, Bajaj auto, GMR infra, HDFC and reliance energy.


Reliance Power plans 3:5 bonus

Reliance Power 3:5 bonus issueAnil Ambani Group has decided to reward the current shareholders with bonus shares. Reliance Power stock could not perform well during its debut in stock markets recently.

The company will offer three bonus shares for every five held by shareholders.  The retail investors were very bullish about her reliance power IPO but the weakness in stock markets caused huge losses to shareholders.


Indian Stock markets drift down

Indian Stock Markets opened marginally higher on Monday after a weak close on Friday.  At 10.20 a.m. NSE Nifty was trading with a gain of six points.  The BSE mid-cap Index was down by 75 points in early trade.

BSE IT index was also down by 123 points.  Banking stocks were trading with the loss compared to Friday's close.

Auto major Bajaj Auto was down by 2.4% at Rs. 2240.  The stock touched an intraday high of Rs. 2338.

Banking major HDFC bank was down by 5%.  The stock touched a low of Rs. 1395 during the trading session.  Centurion bank of Punjab was down by 10%. Both banks recently announced their plan of merger. Axis bank was down by 2.8%.  ICICI bank was down by 3.5% in early trades.


Stock Markets in positive zone; Reliance Power Up

BSE Sensex recovers in afternoonIn the afternoon session, the Indian stock markets recovered. BSE Sensex was higher by 26 points at 17,375.  NSE nifty was up by 14 points at 5124.  Reliance Power was up by 6.4% at Rs. 444.  TVS Motors was higher by 6.4%. Jay Bharat Maruti was trading with a gain of 14.5%.

IPCA Laboratories was up by 4.8%.  Among other gainers were Reliance Energy, HCL Infosystems, Maruti Udyog, HMT Ltd, Tata tea Ltd and ACC.

Technology counters were trading higher compared to Friday's close.  Satyam computers was up by 2% at 2 p.m. Wipro Ltd was up by 2% at Rs. 430.


Reliance Energy gains on buyback plans

Reliance Energy Anil Ambani

Reliance Energy was among major gainers in today's trading session. The company announced that the board of directors will meet on March 5 to consider share buyback. The stock was trading at Rs 1680 compared to yesterday's close of Rs 1622 on NSE. The stock touched an intraday high of Rs 1710.

Pharmaceutical major Nicholas Piramal announced the start of phase 1 trials of molecule for metabolic disorders. The stock was marginally up in early trading session.


BSE Sensex and NSE Nifty slip further

BSE Sensex down, Stock Markets slideAfter registering a loss of over 900 points on Monday, Indian Stock markets are heading towards another weak close. At 1.30 p.m., BSE Sensex was hovering around 16,100 and was down by nearly 2.8 percent. BSE Midcap index was trading with a loss of 3.8%. Small cap index was down by 4.1%. NSE Nifty was down by 125 points.

Reliance Industries was trading with a loss of 3.5%. The stock touched a, intraday low of Rs 2210 and a high of Rs 2338.


BSE Sensex below 16,000; Stocks weak as Global markets trade lower

BSE Sensex below 16,000; Markets lowIndian Stock Markets opened weak on Friday as the global markets offered weak signals. Within the first five minutes of trade BSE Sensex was down by 450 points. NSE Nifty was also down by more than 2.5% in early trading session.

At 11 .15 a.m. BSE Sensex was down by 3.4% (562 points) at 15,980. NSE Nifty was down by 161 points at 4,760.

Stocks among all the sectors were down in today's trading session.  Among Software counters, Satyam Computers was down by 4.2%.  Infosys Technologies was down by 3.8% at Rs 1420. Rolta, Wipro and HCL Tech were down by almost 4%.


Sensex plunges 567 points

Bombay Stock ExchangeMumbai, Mar 7 : The 30-share sensitive index (sensex) of the Bombay Stock Exchange today opened with a huge negative gap of 330 points at 16,212 and shed 567 points before closing at 15,975.52.

Out of 2,710 stocks traded on the exchange, 2,384 declined, 295 advanced and the rest remained unchanged.

Reliance Energy (REL) slumped 13 per cent, Bajaj Auto plunged by over 11 per cent, ICICI Bank jumped down by seven per cent and Larsen & Toubro dropped 6.6 per cent.

Hindalco shed 5.8 per cent, while NTPC plummeted 5 per cent.


Stock Markets close lower after rise during mid-day; Unitech, DLF and Siemens gain

Indian Stock markets bounced back in the afternoon session after a weak start, however could not sustain the gains till the end of trading session. Among major gainers in today's trading session were Unitech, DLF Limited, Siemens, Reliance Communications and IDEA Cellular.

Real Estate major Unitech managed to close with a gain of over 5%. The stock was trading strong in the early trades but drifted into negatives zone around 11.30 a.m. Another real estate major DLF Limited closed with a gain of over 4%.


Time to Grab some Valuable Stocks at their 52-week low

Indian Stock Markets offer nice investment opportunityThe fears of US recession and after-effects of sub prime crisis have caused a massive erosion of investor wealth in the stock markets. The rising oil prices has also dampened the investor sentiment. Indian government is expecting a GDP growth of 8-8.5 per cent compared to an earlier estimate of over 9%. Indian stock markets were near their lifetime high in the start of January 2008 and most of the stocks were trading at lifetime high. Many Indian stocks are available at attractive valuations after the recent stock market meltdown.


Short Term Buy Call For ICICI Bank

Stock market analyst E Mathew has suggested investors to purchase ICICIICICI Bank Bank stock to achieve a short-term target of Rs 835.

According to him, the stock of ICICI Bank can be purchased on declines with a stop loss of Rs 713.

Mr. Mathew also said that the investors can achieve the target within a period of 3-4 weeks. So, the investors are advised not to sell this stock before achieving this price target.


Aptech Intraday Buy Call

Stock market expert V K Sharma has suggested that Aptech stock can be Aptech Ltd.purchased by day traders in today’s trading session at current price for achieving an intraday target of Rs 170.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 172.

The company’s shares ended positively at Rs 174.30, on Tuesday, on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 448.50 and a low of Rs 139 on BSE.


BSE Sensex up by 928 points on Tuesday

Indian Stock markets closed on Tuesday with decent gains. BSE Sensex closed with a gain of 928 points at 16,217 while NSE Nifty was up by 267 points at 4877.

Market opened strong and continued to trade higher as buying continued in almost all sectors. The BSE mid-cap and small-cap indices were also strong in today’s session.

Reliance Capital was up by 17.6% at Rs 1328. JP Associates was trading strong as well. The stock ended 16.3 percent higher compared to Monday’s close. Reliance Energy gained nearly 13%.

Banking Stocks were also among major gainers. Corporation Bank, OBC, Kotak Mahindra Bank, Syndicate Bank and Allahabad bank closed the day much higher compared to yesterday’s close.


Stock Markets may remain range-bound

BSE Sensex below 16,000; Markets lowIndian Stocks markets closed with decent gains last week. US Markets received some support from the Fed’s recent rate cut, but the effect may not last for the coming week. The signs of slowdown in US economy have become a cause of worry for investors all over the world.

BSE Sensex closed with a gain of 355 points at 16,371. NSE Nifty closed the week at 4942. Technical experts believe that the stock markets may remain range-bound for next 3 – 4 weeks. The undertone is bearish. There are some signs of buying at lower levels, but markets are not able to sustain at higher levels due to selling pressure.


Financial Technologies Intraday Buy Call

As per views of stock analyst Rajat K Bose, the day traders can buy Financial Technologies, as it is a brilliant option for intraday dealings.

According to Mr. Rajat, day traders can purchase Financial Technologies stock around Rs 1650 to achieve a target of Rs 1715. If the stock market remains positive, the next target for the day will be above Rs 1750. For intraday trading the stop loss is Rs 1610.


Petronet LNG Buy Call

Stock market Petronet LNG Ltd.expert Ashwani Gujral has suggested that Petronet LNG stock can be purchased by day traders in today’s trading session around Rs 70 for achieving an intraday target of Rs 78.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 83. The stop loss for the day is Rs 63.

After gaining Rs 5.10, the shares of the company ended positively at Rs 70.15, on Friday, on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio of the stock stood at 6.14 and 11.42 respectively. The share price has seen a 52-week high of Rs 121.9 and a low of Rs 41.15 on BSE.


Short Term Buy Call For Hind Oil Exploration Company

Stock market Hind Oil Exploration Companyanalyst Ashwani Gujral has suggested investors to purchase Hind Oil stock to achieve a short-term target of Rs 132.

According to him, the stock can be purchased on declines with a stop loss of Rs 94.

Mr. Gujral also said that the investors can achieve the target within a period of 3-4 weeks. So, the investors are advised not to sell this stock before achieving this price target.


Buy Electrosteel Castings

Stock market Electrosteel Castings Ltd.analyst E Mathew is of the view that the stock of Electrosteel Castings can be purchased around Rs 45 with a stop loss of Rs 40 for achieving a short-term target of Rs 63.

Mr. Mathew also said that the investors can achieve the target within a period of 4-5 weeks. The stock has been recommended after analyzing its last performances.

Mr. Mathew said that the traders can achieve the said target on the back of brilliancy in the stock market.


Indian Markets lost steam at higher levels; Nifty and Sensex off day's highs

NSE Nifty; BSE Sensex gainAfter a strong opening on Wednesday, Indian Stock markets reacted at higher levels. Selling pressure was witnessed at intraday high of 4916 for NSE Nifty. At 11.20 a.m. IST NSE Nifty was 2.45% higher at 4854, nearly 62 points lower than its high.

Dr Reddy’s stock was up by 4.66% at Rs 620.  The company announced buyout of Dow Pharma’s small molecule facilities in United Kingdom. Sun Pharmaceuticals was up by 5% while Ranbaxy Laboratories was marginally up.


Indian Markets witness fall towards end of session; NSE Nifty up by only 10 points

BSE Sensex falls towards end of Session; NSE Nifty driftsIndian Stock markets have slipped over 450 points from day’s high. At 3.10 p.m. IST, NSE Nifty was up by mere 10 points at 4749. Banking Stocks were still trading strong. IT Stocks were also helping the indices to remain firm. Metal Stocks were dragging indices down.

Tata Steel was down by 3.3%. Reliance Energy was major loser on BSE. The stock lost around 4% and was trading at Rs 1240. BHEL lost over 1.7%.

HDFC, ICICI Bank and HDFC Bank were still holding strong. Infosys Technologies was among major gainers. The stock was up by 4% at Rs 1479.


Tata Motors Intraday Buy Call

Stock market expert Hitendra Vasudeo, stockmechanics.com has suggestedTata Motors that Tata Motors stock can be purchased by day traders in today’s trading session above Rs 652 for achieving an intraday target of Rs 677.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 684. The stop loss for the day is Rs 635.

Shares of the company, on Wednesday, closed up Rs 7.1, or 1.13% at Rs 634.55 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 49,782.


Sell Reliance Energy

Stock analyst Hitendra Vasudeo of stockmechanics.com has suggested Reliance Energyinvestors to sell Reliance Energy stock below Rs 1200 with a stop Loss of Rs 1250 to achieve a target that lies between Rs 1140-Rs 1123.

Mr Vasudeo is of the view that investors should sell the stock today in order to avoid loss, as there are full chances of a downward trend in this stock.

He said that if the stock fell below Rs 1,150, it may see more weakness.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Infosys Intraday Buy Call

As per views of Hitendra Vasudeo of stockmechanics.com, the day traders Infosys Technologiescan buy Infosys, as it is a brilliant option for intraday dealings.

Mr. Vasudeo said that the traders can purchase Infosys stock above Rs 1510 to achieve a target of Rs 1556. If the stock market remains positive, the next target for the day will be above Rs 1569.

The stop loss marked for the suggested stock is Rs 1490.

The stock has been recommended after analyzing its last performances, and the traders can achieve the said target on the back of brilliancy in the stock market.


Sensex, Nifty Down More Than 2%

The 30-share BSE Sensex made further inroads into the pessimistic region BSE Sensexon inflationary information. Heavy selling pressure was seen across board in key stocks.

For the week ended March 22, the inflation rate has touched a 3-year high of 7%, as compared to 6.68% during the last week.

All sectoral indices were trading in the negative.

At 1:52 pm, the Sensex was trading at 15,402.44, down 430.11 points, or 2.72%; whereas NSE Nifty was trading at 4659.85, down 111.75 points, or 2.34%.

Out of the total 2,599 stocks traded, 765 progressed, 1,768 declined, whereas 66 remained unaltered.


BSE Sensex Down By 489 Pts; NSE Nifty Sinks Over 2 Percent

After opening higher on Friday, the 30-share index Sensex dangled on the Sensex Down Over 489 Ptsback of selling pressure seen across board in pivotal stocks.

The stock market was dragged by heavyweights including, L&T, ICICI Bank, BHEL Reliance Energy, HDFC Bank, DLF, HDFC, Reliance Communications, Infosys and SBI.

The index dropped further on the news that inflation has touched a 3-year high of 7%, on rising prices of food, vegetables, minerals and manufactured items. as During the last week, inflation growth was 6.68% and was 6.54% in the corresponding week a year-ago.


Sensex Falls 1,028.17 Pts During The Week

Indian stock markets declined in the week ended April 4 wiping out earlier BSE Sensexgains on worries over the reality that the increasing inflation will bring about a higher interest rate regime and will thus slow down the growth.

Banking and capital goods shares led the fall.

The wholesale price based inflation rate touched a 3-year high of 7% for the week ended March 22 as against 6.68% in the previous week. It stood at 6.54% in the corresponding week in the previous year.


Indian Stock Markets remain weak as Global cues negative

Indian Stocks trade low as Asian markets dipIndian stocks markets have been trading lower since morning on Tuesday. Technical Analysts including Ashwani Gujral, Rajat K Bose, Abhay Aima and VK Sharma are suggesting investors to stay away from the markets. The markets are extremely volatile and investors are confused about the direction of the markets. On Friday, the stock markets dropped as selling continued in heavyweight counters while it recovered smartly on Monday.

At 2.15 p.m. IST, the BSE Sensex was 218 points lower at 15538. NSE Nifty was down by 36 points at 4724.


ICICI Bank Intraday Buy Call

As per views of Karvy Stock Broking Limited, day traders can buy ICICI ICICI BankBank stock, as it is a brilliant option for intraday dealings.

Traders can purchase ICICI Bank stock between Rs 815-820 to achieve a target of Rs 850. If the stock market remains positive, the next target for the day will be above Rs above 852. The stop loss marked for the suggested stock is Rs 800.

Shares of the bank, on Wednesday, closed at Rs 836.50 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 964279. The share price has seen a 52-week high of Rs 1465 and a low of Rs 720 on BSE.


Buy Ranbaxy

As per views of Karvy Stock Broking Limited, the investors can purchase Ranbaxy Laboratories Ltd.Ranbaxy stock between Rs 450-455 in order to achieve a target of Rs 478 in 5-6 days.

The stop loss for the suggested counter is Rs 441.40. The stock pricing becomes more attractive, and reach above Rs 480, if the stock markets remain positive.

On Thursday (10 Apr), the company’s shares closed at Rs 450.65, down 4.2%, on BSE. The total volume of the shares traded was 387,540. Current EPS and P/E ratio stood at 16.70 and 26.99 respectively. The stock has also seen 52-week high of Rs 492.9 and low of Rs 299.9 on BSE.


ONGC Intraday Buy Call

As per the views of Karvy Stock Broking Limited, the day traders can ONGCpurchase ONGC stock between Rs 1000-1005 with a stop loss of Rs 995 to achieve an upper resistant intraday target of Rs 1028.

If the stock market remains on positive track, the ONGC stock could easily touch its next intraday target of about Rs 1030.

Shares of the company closed at Rs 1002.4 on Thurday at BSE. The total volume of shares traded was 295062. The stock has seen a 52-week high of Rs 1386.9 and a low of Rs 770 on BSE. Presently, the stock is showing P/E and EPS of Rs 13.07 and 76.91 respectively.


Cairn India Intraday Buy Call

As per views of stock market analyst VK Sharma, day traders can purchase CairnCairn India stock around Rs 241.30 with a stop loss of Rs 234. The target for the day is above Rs 249.

Mr. Sharma also said that the stock pricing becomes more attractive and can reach above Rs 255, if the stock markets remain positive.

The company’s stock, on Thursday (10 Feb), marked its closure at Rs 242.15 on BSE. The total volume of shares traded was 2568406. The share price also touched an intraday high of Rs 244.95 and an intraday low of Rs 229. The stock has seen a 52-week high of Rs 268.5 and a low of Rs 124 on BSE.


Stock Market Trades Strong

The 30-share BSE Sensex gained further on emergence of fresh buying BSE Sensexaction in heavy-weight stocks, led by power and real estate stocks.

It touched a high of 15,957.24 during the noon trades.

The country’s annual inflation rate has climbed up to over three-year high of 7.41 percent for the week ended on March 29 on the back of increasing pressure on the central bank to further tighten up supply of money in its approaching annual credit policy later this month.


Sensex Zooms 112 Pts To Close At 15,807

Sensex Closes UpThe 30-share BSE Benchmark Sensex ended the week on a strong note after opening the day with a positive gap at 145.46 points at 15,840.56. The markets remained strong on back of positive global signals. BSE Sensex touched an intraday peak of 15,957.24.

BSE Sensex failed to close near its intraday high and saw profit booking at higher levels.
Real estate, Banking and IT stocks performed weak whereas Power, Consumer Goods and Oil & Gas stocks went up.

BSE Midcap Index ended 0.68% up at 6,523.22 and BSE Smallcap Index closed the week at 8,081.43 after registering a gain of 0.63%.


Major Q4 Results To Set Market Trend In The Coming Week, Says Vishwas Agarwal

The 30-share index Sensex, which closed the week at 15,807.64, on April 11, BSE Sensexwill experience more ups and downs in the coming week.

Inflation numbers continued to be a sign of worry as it zoomed to three-year high of 7.41 percent for the week ended on March 29. The inflation climbed on the back of growing pressure on RBI to further tighten funds supply in its forthcoming annual credit policy later this month.


BHEL Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on BHEL stock with BHELan intraday target of Rs 1850.

According to Karvy, day traders can purchase the stock between Rs 1800-1810 with a stop loss of Rs 1780. If the stock market remains on positive track, the next target for the day will be above Rs 1880.

Shares of the company, on Friday (April 11), closed at Rs 1829.95, up Rs 64.70, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 702,669. Current EPS and P/E ratio stood at 59.85 and 30.08 respectively. The share price has seen a 52-week high of Rs 2925 and a low of Rs 1197.5 on BSE.


Buy Vijay Shanthi Builders Ltd

Technical analyst, Mathew Easow is of the view that investors can buy Vijay Shanthi Builders LtdVijay Shanthi Builders Ltd to achieve a short-term target of Rs 109.

According to him, the stock can be purchased on declines with a stop loss of Rs 70.

Mr. Mathew also said that the investors can achieve the target within a period of 6-7 weeks. So, the investors are advised not to sell this stock before achieving this price target.

Thestock will achieve the target price as the company has good growth outlooks considering its projects under implementation and influential future plans.


Short Term Buy Call For Sical Logistics

Stock market analyst E Mathew has maintained ‘Buy’ rating on Sical Sical LogisticsLogistics stock with a short term target of Rs 190.

According to Mr. Mathew, interested investors can purchase the stock on declines with a stop loss of Rs 133.

Mr. Mathew also said that the investors can achieve the target within a period of 4-5 weeks. The stock has been recommended after analyzing its last performances.


Bharti Airtel Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Bharti Airtel Bharti Airtelstock with an intraday target of Rs 835.

According to Karvy, day traders can purchase the stock above Rs 810 with a stop loss of Rs 795. If the stock market remains on positive track, the next target for the day will be above Rs 850.

Shares of the company, on Wednesday (April 16), closed at Rs 806.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 512,164. The share price has seen a 52-week high of Rs 1149 and a low of Rs 700 on BSE.


CRR Hike May Impact The Stock Market, Says Vishwas Agarwal

Stock market analyst, Vishwas Agarwal stated, “If institutions feel the BSE Sensexpressure due to hike in CRR by the Reserve Bank of India (RBI), then the market may see the BSE Sensex falling to 15,950 or even lower levels of 15,750. But a pipeline of major corporate results may not allow panic selling in the market.”

Welcoming the RBI move, Mr. Agarwal stated that the CRR hike was a crucial step to control increasing inflation.

He expects strong recovery in the equities in the near term once the inflation levels get stabilized.

He also stated that the banking, auto and real estate stocks will have an impact because of CRR hike.


Will Nifty Break 5000 Level On Monday

According to Alex Mathew, head of research, Geojit Financial Services, “Easing inflationary trend helped banking and realty stocks to rally today. These sectors may continue their uptrend on Monday, also PSU banking sector will get more attention.”

Mr. Mathew also said that Nifty will break the crucial resistance of 5000 on Monday.

Bhupendra Sharma, vice president, Hornic Investments told that that stock markets, on Thursday, ended the week on a strong note because of strong worldwide cues and short covering seen in the Indian markets.

Sensex gained 277 points at 16621, whereas Nifty closed at 4970 after making a gain of 83 points.


Volatility May Prevail Due To Quarterly Results, Says Vishwas Agarwal

Tracing strong global cues, India’s benchmark index, Sensex rallied further BSE Sensexon Monday (April 21).

Worldwide markets gained on speculation that the credit market losses at the banks will be over and as better than expected results by Caterpillar boosted confidence in machinery producers.

Metal, banking and consumer durable stocks paced the rally in India.

The 30-share index Sensex marked its closure at 16,739.33 after gaining 258.13 points, whereas the broad-based NSE Nifty ended at 5,037, up 78.60 points.


Short Term Buy Call For Bajaj Hindustan

Technical analyst, Ashwani Gujral is of the view that investors can buy Bajaj Hindusthan Ltd.Bajaj Hindustan stock Ltd to achieve a short-term target of Rs 285.

According to him, the stock can be purchased on declines with a stop loss of Rs 211. Sugar sector itself was displaying strength, and it is expected to move up in the coming days.

The investors can achieve the target within a period of 4-8 weeks. So they are advised not to sell the stock before achieving this price target.


Buy Balrampur Chini

Technical analyst, Ashwani Gujral advised investors to purchase Balrampur Balrampur ChiniChini stock on declines in order to achieve a target of Rs 128.

The investors can achieve the target within a period of 3-4 weeks, and the strict stop loss for the suggested stock should be Rs 94.

The stock has great potential. It can still exhibit superb surge. The long term traders are recommended to hold the stock.


Stock Market Takes U-Turn, Trades Higher

After opening in the negative and trading on flat note since morning, the BSE-Sensexstock market is trading higher.

Heavy selling pressure is seen in the IT & Technology space. The IT stocks had a big rally in the last few days after IT giants posted better result and guidance.

At 1.25 pm, the 30-share index was trading at 16,824.53, up 85.20 points, or 0.51%; whereas, the broad-based Nifty was 5071.85, up 34 points, or 0.69%.

The overall market breadth is positive. The market experienced 1,518 advancements as compared to 1,043 declinations.


Correction In Market Offers Buying Opportunity, Says Vishwas Agarwal

India’s benchmark index, Sensex, on Tuesday, ended on a positive note BSE Sensex amidst choppiness.

Sensex was up 44.54 points at 16,783.87, whereas the broad-based NSE Nifty zoomed 12.70 points to close at 5,049.70.

IT sector underperformed because of weak results from Tata Consultancy Services (TCS). Buying was visible in stocks including DLF, Unitech, Ansal Infrastructures and GMR Infrastructures.

Stock market analyst, Vishwas Agarwal stated that as expected profit booking was witnessed in the frontline stocks mainly due to sharp rise in prices of these blue chip companies.


Market Opens On A Positive Note

After experiencing a volatile session on Tuesday (April 22), the 30-share BSE SensexBSE Sensex opened positively today (April 23) following the mixed closing of worldwide markets and companies’ results.

The IT & Banking space, which witnessed heavy selling pressure yesterday, once again led the declines.

Asian markets opened on a positive note today (April 23), led by commodities companies, after oil and metals prices rose.

AT present (10.14 am), the Sensex is trading at 16,837.03, up 53.16 points; whereas NSE Nifty is trading at 5,056.50, up 7.20 points.

The overall market breadth is optimistic.


JP Associates Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on JP Associates Jaypee Groupstock with an intraday target of Rs 252.

According to Karvy, day traders can purchase the stock between Rs 240-243 with a stop loss of Rs 235. If the stock market remains on positive track, the next target for the day will be above Rs 255.

Shares of the company, on Tuesday (April 22), closed at Rs 245.65 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 5145781. Current EPS and P/E ratio stood at 4.53 and 53.59 respectively. The share price has seen a 52-week high of Rs 510 and a low of Rs 111 on BSE.


Stock Market May Remain Bullish In The Coming Days, Says Vishwas Agarwal

India’s benchmark index, Sensex closed down 85.83 points at 16,698.04, Sensexwhereas Nifty ended at 5022.80 down by 26.50 points on Wednesday (April 23).

The markets yesterday were range bound and choppy with the majority of index stocks ended on a flat note. The banking and metal stocks led the declines, whereas Textile and Sugar stocks gained.
The overall market breadth was mixed as it experienced 1,426 advancements as against 1,297 declinations.

Stock market analyst, Vishwas Agarwal is of the view that BSE above 16,786 level is good for trading with a downside target of 16,555- 16,350 and an upside of 17,150- 17,350.


Short Term Buy Call For Essar Oil

Stock market analysts are of the view that investors can buy Essar Oil Essar stock to achieve a short-term target of Rs 306.

The stock can be purchased on declines with a strict stop loss of Rs 270.
 
The investors can achieve the said target within a period of 4-8 weeks. So they are advised not to sell the stock before achieving this price target.

If the stock market remains on positive track within the said period, the next short-term target for the stock will be above Rs 313.


Sell Maruti

Stock market analysts have suggested investors to sell Maruti stock below Maruti SuzukiRs 738 with a stop Loss of Rs 750 to achieve a target that lies between Rs 724-Rs 720.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 735, it may see more weakness.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.

The recent decline follows a steep fall of 33.64% in the company’s (Maruti Suzuki India) earnings for the quarter ended March 2008.


RBI Credit Policy & Fed Meet May Decide Market Course, Says Vishwas Agarwal

The 30-share BSE Benchmark Sensex, on Thursday (April 24), ended on a BSE Sensexstrong note after opening the day with a positive gap of 100 points tracing strong cues from other Asian counterparts.

The Sensex traded in a very narrow range on yesterday. It also touched an intraday low of 16,668.60. The overall market breadth was negative and volumes seen were not also very encouraging.

The BSE Sensex closed up 23.04 points at 16,721.08; whereas the broad-based NSE Nifty ended the day at 4,996.70, down 22.95 points.

BSE Midcap Index closed 0.88% lower and BSE Smallcap Index ended 0.67% up on Thursday.


Tata Motors Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Tata Motors Tata Motorsstock with an intraday target of Rs 654.

According to Karvy, day traders can purchase the stock above Rs 640-642 with a stop loss of Rs 632. If the stock market remains on positive track, the next target for the day will be above Rs 655.

Shares of the company, on Thursday (April 24), closed at Rs 638.7, up Rs 3.4, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 116,538. The share price has seen a 52-week high of Rs 840 and a low of Rs 535 on BSE.


Stock Markets trade marginally higher after a strong opening

Indian Stock markets opened strong on Monday. However, at higher levels, selling pressure was witnessed and equities reacted sharply to lead NSE Nifty into negative zone. NSE Nifty touched a high of 5147 within first few minutes of trading session.

At 10.07 am IST, NSE Nifty was marginally up by 2 points at 5113. BSE Sensex was down by 12 points at 17,113.
Among gainers were Reliance Power, Hero Honda, M&M, Maruti, HDFC Bank, VSNL, Idea Cellular and Sun Pharma.

Banking counters were trading marginally lower. SBI was down by 1.1% followed by PNB, Bank of India, Oriental Bank of Commerce and ICICI Bank.

Among major losers were Mastek, Wipro, Infosys Technologies and Satyam Computers.


Titan Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Titan stock with Titan Indan intraday target of Rs 1345.

According to Karvy, day traders can purchase the stock above Rs 1310 with a stop loss of Rs 1290. If the stock market remains on positive track, the next target for the day will be above Rs 1390.

Shares of the company, on Tuesday (April 29), closed at Rs 1302.90 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 84696. The share price has seen a 52-week high of Rs 1795 and a low of Rs 858 on BSE.


Short Term Buy Call For Bank of India

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Titan stock with Bank Of Indiaa short term target of Rs 469.

According to Karvy, interested investors can purchase the stock on declines with a strict stop loss of Rs 345.

The investors can achieve the target within a period of 3-4 months. The stock has been recommended after analyzing its last performances.


Reliance Money launches India’s first Shariah Compliant Portfolio Management Scheme

Reliance Money

Reliance Money, the retail broking arm of Reliance Capital Ltd, has joined hands with Parsoli Corporation to launch the country's first Shariah- compliant Portfolio Management Scheme for investors. The financial services firm of the Anil Dhirubhai Ambani Group (ADAG) has been offering innovative products, market research and broking services at much lower prices to attract day traders and long term investors.

The company plans to market these schemes extensively in India and West Asian Countries.


TCS Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on TCS (Tata Tata Consultancy Services Ltd.Consultancy Services) stock with an intraday target of Rs 965.

According to Karvy, day traders can purchase the stock between Rs 935-940 with a strict stop loss of Rs 925. If the stock market remains on positive track, the next target for the day will be above Rs 970.

Shares of the company, on Thursday (May 8), closed at Rs 943.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 255612. The share price has seen a 52-week high of Rs 1277 and a low of Rs 730 on BSE.


Short Term Buy Call For Reliance Power

Technical analyst, Ashwani Gujral is of the view that investors can buy Reliance Power Reliance Power stock to achieve a short-term target of Rs 460.

According to him, investors can purchase the stock on declines with a stop loss of Rs 400.

The investors can achieve the target within a period of 4-5 weeks. So they are advised not to sell the stock before achieving this price target.

Today, the company’s shares opened at Rs 420, as against its last closure at Rs 419.80 on Thursday (May 8), on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 599.0 and a low of Rs 303.45 on BSE.


Buy Shiv Vani Oil & Gas Exploration Services

Technical analyst, Ashwani Gujral has advised investors to purchase Shiv Shiv Vani Oil & Gas Exploration Services Vani Oil & Gas Exploration Services stock on declines in order to achieve a short-tern target of Rs 744.

The investors can achieve the target within a period of 5-6 weeks, and the strict stop loss for the suggested stock should be Rs 597.

The stock has great potential to go upside. It can still exhibit superb surge. The long term traders are recommended to hold the stock.


Balrampur Chini Intraday Buy Call

As per views of technical analyst Rajat K Bose, day traders can purchase Balrampur Chini Balrampur Chini stock on declines to achieve an intraday target of Rs 104.

If the stock market remains positive, the next target for the day will be above Rs above 107. The stop loss marked for the suggested stock is Rs 98.90.

Shares of the company, on Thursday (May 8), closed at Rs 101.60 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3022179. The share price has seen a 52-week high of Rs 127.9 and a low of Rs 49.9 on BSE.


Short Term Buy Call For Webel SL Energy Systems

Technical analyst, Mathew Easow is of the view that investors can buy Webel SL Energy SystemsWebel SL Energy Systems stock to achieve a short-term target of Rs 374.

According to him, the stock can be purchased on declines with a stop loss of Rs 310.

The investors can achieve the target within a period of 6-8 weeks. So they are advised not to sell the stock before achieving this price target.


Union Bank Of India Long Term Call

Morgan Stanley is bullish on Union Bank of India (UBI) and maintains Union Bank Of India‘overweight’ rating on the stock with a target price of Rs 220.

According to Morgan, interested investors can purchase the stock on declines with a strict stop loss of Rs 150.

The bank’s shares, on Friday (May 9), closed the week at Rs 162.7001.60, down 2.66%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 123.405. Current EPS and P/E ration stood at 27.46 and 5.93 respectively. The share price has seen a 52-week high of Rs 234.8 and a low of Rs 106.1 on BSE.


Ranbaxy Laboratories Long Term Call

Broking firm, CLSA is bullish on Ranbaxy Labs. It has maintained an Ranbaxy Laboratories‘outperform’ rating on the company with a target price of Rs 535.

According to CLSA, interested investors can purchase the stock between Rs 450-455 with a strict stop loss of Rs 435.

Shares of the company, on Friday (May 9), ended the week at Rs 469.45, down 0.13%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 151,799. Current EPS and P/E ration stood at 16.38 and 28.67 respectively. The share price has seen a 52-week high of Rs 501 and a low of Rs 299.9 on BSE.


Reliance Communications Long Term Call

IL&FS Investment has maintained a ‘buy’ rating on the on Reliance Reliance Communications Communications’ (RCom) with a long term target of Rs 610.

According to IL&FS, investors can purchase the stock between Rs 525-530 with a strict stop loss of Rs 507.

Today, the company’s shares opened at Rs 537, as against its last closure at Rs 539.05 on Friday (May 9), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 12.53 and 42.26 respectively. The share price has seen a 52-week high of Rs 844 and a low of Rs 455 on BSE.


Wipro Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Wipro (Tata Wipro TechnologiesConsultancy Services) stock with an intraday target of Rs 535.

According to Karvy, day traders can purchase the stock above Rs 510 with a strict stop loss of Rs 500. If the stock market remains on positive track, the next target for the day will be above Rs 540.

Shares of the company, on Friday (May 9), closed at Rs 501.20 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 506170. The share price has seen a 52-week high of Rs 565.5 and a low of Rs 325 on BSE.


Cairn India Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Cairn India Cairn Indiastock with an intraday target of Rs 308.

According to Karvy, day traders can purchase the stock between Rs 300-302 with a strict stop loss of Rs 298. If the stock market remains on positive track, the next target for the day will be above Rs 310.

Shares of the company, on Monday (May 12), closed at Rs 302.95 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 8946070. The share price has seen a 52-week high of Rs 306 and a low of Rs 133.3 on BSE.


Satyam Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Satyam stock Satyam Computer Services Ltd.with an intraday target of Rs 505.

According to Karvy, day traders can purchase the stock between Rs 487-490 with a strict stop loss of Rs 480. If the stock market remains on positive track, the next target for the day will be above Rs 510.

Shares of the company, on Tuesday (May 13), closed at Rs 495.95 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 862640. Current EPS and P/E stood at 25.57 and 19.48 respectively. The share price has seen a 52-week high of Rs 522.3 and a low of Rs 305 on BSE.


Infosys Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Infosys stock Infosys Technologieswith an intraday target of Rs 1850.

According to Karvy, day traders can purchase the stock between Rs 1820-1830 with a strict stop loss of Rs 1800. If the stock market remains on positive track, the next target for the day will be above Rs 1885.

Shares of the company, on Wednesday (May 14), closed at Rs 1826.30 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 476449. Current EPS and P/E stood at 78.15 and 23.68 respectively. The share price has seen a 52-week high of Rs 2140 and a low of Rs 1212.2 on BSE.


Buy Hindustan Zinc

Technical analyst, Ashwani Gujral is of the view that investors can buy Hindustan ZincHidustan Zinc stock to achieve a medium-term target that lies between Rs 865 to Rs 920.

According to him, investors can purchase the stock around 735 with a stop loss of Rs 650.

The investors can achieve the target within a period of 4-5 months. So they are advised not to sell the stock before achieving this price target.

Today, the company’s shares opened at Rs 741, as against its last closure at Rs 733.85 on Wednesday (May 14), on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 969 and a low of Rs 501 on BSE.


Buy Chambal Fertilizers

Technical analyst, Ashwani Gujral has advised investors to purchase Chambal Fertilizers & Chemicals LtdChambal Fertilizers stock around Rs 70 to achieve a target of Rs 88 within a week.

The strict stop loss for the suggested stock should be Rs 65.

The stock has great potential to go upside. It can still exhibit superb surge. The long term traders are recommended to hold the stock.


IFCI Intraday Buy Call

As per views of technical analyst VK Sharma, day traders can purchase IFCIIFCI Ltd stock around Rs 61.50 to achieve an intraday target of Rs 68.

If the stock market remains positive, the next target for the day will be above Rs above 70. The stop loss marked for the suggested stock is Rs 58.75.

Shares of the company, on Wednesday (May 14), closed at Rs 61.50 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 17235429. Current EPS and P/E stood at 13.39 and 4.74 respectively. The share price has seen a 52-week high of Rs 121.2 and a low of Rs 36.7 on BSE.


Dr Reddy’s Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Dr Reddy’s Dr Reddy’s Laboratories Laboratories stock with an intraday target of Rs 660.

According to Karvy, day traders can purchase the stock between Rs 645-650 with a strict stop loss of Rs 628. If the stock market remains on positive track, the next target for the day will be above Rs 680.


Buy Cairn India

Stock market analyst Hitendra Vasudeo of stockmechanics.com has Cairn Indiasuggested traders to purchase Cairn India stock in today’s session.

According to him, the stock can be purchased above Rs 296 with a stop loss of Rs 292 to achieve an intraday target of Rs 307.

The stock could easily retest its next intraday target of about Rs 312, if the stock market remains positive.


Jet Airways Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com has Jet Airwaysrecommended a ‘BUY’ on Het Airways stock with a target price of Rs 562 in today’s session.

Mr. Vasudeo said that interested day traders can purchase the stock above Rs 542 with a stop loss of Rs 530. If the stock market remains on positive track, the next target for the day will be above Rs 569.


Buy Reliance Communications

Stock market analyst Hitendra Vasudeo of stockmechanics.com is of the Reliance Communicationsview that day traders can buy Reliance Communications stock above Rs 599 to achieve an intraday target of Rs 614.

The strict stop loss for the suggested counter is Rs 590. If the stock market remains on positive track, the next target for the day will be above Rs 620.


Reliance Communications Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Reliance Communications LtdCommunications (RCom) stock with an intraday target of Rs 614.

According to Karvy, day traders can purchase the stock between Rs 586-588 with a strict stop loss of Rs 575. If the stock market remains on positive track, the next target for the day will be above Rs 615.


HDIL Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Housing Housing Development and Infrastructure Ltd (HDIL) Development and Infrastructure Ltd (HDIL) stock with an intraday target of Rs 850.

According to Karvy, day traders can purchase the stock between Rs 825-830 with a strict stop loss of Rs 810. If the stock market remains on positive track, the next target for the day will be above Rs 852.


Titan Industries Long Term Call

Hem Securities is bullish on Titan Industries, and maintained a buy rating on Titan Industriesthe stock with a target price of Rs 1630.

According to Hem Securities, interested investors can purchase the stock on declines with a strict stop loss of Rs 1450.

Today (May 21), the company’s shares opened at Rs 1,190, as against its last closure at Rs 1,12.40 on Tuesday (May 20), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 35.66 and 33.71 respectively. The share price has seen a 52-week high of Rs 1795 and a low of Rs 858 on BSE.


Short Term Buy Call For Jayshree Tea

Technical Analyst, Rajat K Bose is of the view that investors can buy Jayshree Tea and Industries Jayshree Tea and Industries stock to achieve a short term target that lies between Rs 180-210.

According to him, interested investors can purchase the stock around Rs 157 with a strict stop loss of Rs 152.

Shares of the company, on Wednesday (May 21), closed at Rs 162.35 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 939632. Current EPS and P/E stood at 9.57 and 16.96 respectively. The share price has seen a 52-week high of Rs 185 and a low of Rs 93.5 on BSE.


Reliance Petroleum Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Reliance Petroleum Limited Petroleum Limited (RPL) stock with an intraday target of Rs 193.

According to Karvy, day traders can purchase the stock between Rs 188-190 with a strict stop loss of Rs 186. If the stock market remains on positive track, the next target for the day will be above Rs 195.


Stock Market Likely To Be Strong Above 17,350, Says Vishwas Agarwal

Stock market analyst Vishwas Agarwal said that 17,150 is the crucial BSE Sensexsupport for BSE, and above 17,350 the market is likely to have strong trading action with leadership of Reliance Industries and State Bank of India.

Mr. Agarwal said, “On Wednesday we have seen lot of accumulation in quality midcap stocks as a result of value buying and the interest of retail investors, which is strong signal for coming days.”

He has recommended a few stocks for trading in today’s session. The different stock options include NIIT Technologies, Escort, Hind Oil Exploration, Satyam Computera and Unitech.


Reliance Communications Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Reliance Communications (RCom) Communications (RCom) stock with an intraday target of Rs 595.

According to Karvy, day traders can purchase the stock between Rs 580-583 with a strict stop loss of Rs 575. If the stock market remains on positive track, the next target for the day will be above Rs 598.


Infosys Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Infosys stock Infosys Technologieswith an intraday target of Rs 1930.

According to Karvy, day traders can purchase the stock between Rs 1880-1888 with a strict stop loss of Rs 1850. If the stock market remains on positive track, the next target for the day will be above Rs 1935.

Shares of the company, on Monday (May 26), closed at Rs 1886.40 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 469652. Current EPS and P/E stood at 78.15 and 24.06 respectively. The share price has seen a 52-week high of Rs 2140 and a low of Rs 1212.2 on BSE.


Havells India Long Term Call

PINC Research is bullish on Havells India. It has maintained ‘Buy’ rating on Havells Indiathe company with a 12-month price target of Rs 650.

According to PINC, interested investors can purchase the stock on declines with a strict stop loss of Rs 535.

Today (May 27), the company’s shares opened at Rs 485, as against its last closure at Rs 476.80 on Friday (May 23), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 24.78 and 19.44 respectively. The share price has seen a 52-week high of Rs 749.9 and a low of Rs 376 on BSE.


Short Term Buy Call For TCS

Technical Analyst, Rahul Mohindar of Viratechindia is of the view that Tata Consultancy Services (TCS) investors can buy Tata Consultancy Services (TCS) stock to achieve a short term target that lies between Rs 1020-1030.

According to Mr. Mohidar, interested investors can purchase the stock on declines with a strict stop loss of Rs 925.

Shares of the company, on Tuesdaay (May 27), closed at Rs 966.60 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 410209. Current EPS and P/E stood at 46.07 and 21.36 respectively. The share price has seen a 52-week high of Rs 1254 and a low of Rs 730 on BSE.


Unitech Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Unitech stock to Unitechachieve a target of Rs 260 within 1-2 days.

According to Karvy, day traders can purchase the stock between Rs 248-250 with a strict stop loss of Rs 244. If the stock market remains on positive track, the next target for the day will be above Rs 262.


Welspun Guj Intraday Buy Call

As per views of stock market analysts, day traders can purchase Welspun Welspun Gujarat Stahl RohGuj stock above Rs 375 to achieve an intraday target of Rs 387.

If the stock market remains positive, the next target for the day will be above Rs 388. The stop loss marked for the suggested stock is Rs 388.

Shares of the company, on Wednesday (May 28), closed at Rs 358.95 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 149595. The share price has seen a 52-week high of Rs 537.7 and a low of Rs 162.25 on BSE.


Medium Term Buy Call For Aegis Logistics

Angel Broking has maintained ‘Buy’ rating on Aegis Logistics stock to Aegis Logistics Limitedachieve a medium term target of Rs 335.

According to Angel Broking, interested investors can purchase the stock between Rs 235-240 with a strict stop loss of Rs 220.

Today (May 30), the company’s shares opened at Rs 255, as against its last closure at Rs 242.80 on Thursday (May 29), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 17.02 and 14.20 respectively. The share price has seen a 52-week high of Rs 404.4 and a low of Rs 126 on BSE.


Sensex Plunges By Another 1.40% During The Week

India’s benchmark index, Sensex extended its weekly losses because of Sensex Plunges By Another 1.40% During The Weekheavy selling action by foreign investors and hopeless global markets.

The 30-share index fell on worry that the rising inflation may force RBI to tighten monetary plan, whereas the increasing oil costs weighing down auto makers.

Jaiprakash Associates, Tata Motors, and ICICI Bank chaired the losers’ list. 

During the week ended May 30, the 30-share index lost 234.07 points to 16,415.57, while the broad based NSE Nifty rejected 76.45 points to 4,870.10 in the same period.


Sell Reliance Communications

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Reliance Communications (RCom) stock to achieve a target between Rs 530-533 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 545, it may see more weakness.

According to Karvy, investors can sell the stock below Rs 550 with a strict stop loss of Rs 562.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.

Reliance Communications is likely to start due diligence of South African telecom giant MTN.


Buy Tamil Nadu Newsprint & Papers Ltd

Geojit Financial Services has maintained ‘Buy’ rating on Tamil Nadu Newsprint & Papers Limited stock to achieve a short-term target of Rs 140.

According to Geojit, investors can purchase the stock between Rs 92-95 with a strict stop loss of Rs 85.

Today (June 3), the company’s shares opened at Rs 96.45, as against its last closure at Rs 98.45 on Monday (June 2), on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1559248. Current EPS and P/E stood at 15.66 and 6.30 respectively. The share price has seen a 52-week high of Rs 147 and a low of Rs 83 on BSE.

The outlook for the stock is really very strong, and it is expected to rise on the back of huge volumes.


Larsen & Toubro Intraday Buy Call

As per views of stock market analysts, day traders can purchase Larsen & Toubro (L&T) stock on declines to achieve an intraday target of Rs 2,855.

If the stock market remains positive, the next target for the day will be above Rs 2,857. The stop loss marked for the suggested stock is Rs 2,848.

Shares of the company, on Tuesday (June 3), closed at Rs 2,849.10 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 349654. The share price also touched a high of Rs 2,890 and Rs 2,802 during the day. The share price has seen a 52-week high of Rs 4,670 and a low of Rs 1,863.35 on BSE.

The stock has great potential. It can still exhibit superb surge. The long term traders are recommended to hold the stock.


Sell Bharti Airtel

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Bharti Airtel stock to achieve a target between Rs 820 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 840, it may see more weakness.

According to Karvy, investors can sell the stock between Rs 845-852 with a strict stop loss of Rs 865.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.

The board of directors of Bharti Airtel, in its meeting held on Jun. 2, 2008, has allotted 93,408 fully paid up equity shares upon conversion of USD 500,000 FCCBs.


Infosys Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Infosys stock Infosyswith an intraday target of Rs 1900.

According to Karvy, day traders can purchase the stock above Rs 1860 with a strict stop loss of Rs 1840. If the stock market remains on positive track, the next target for the day will be above Rs 1902.

Shares of the company, on Wednesday (June 4), closed at Rs 1870.10 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 351418. Current EPS and P/E stood at 78.15 and 24.38 respectively. The share price has seen a 52-week high of Rs 2140 and a low of Rs 1212.2 on BSE.


Punj Llyod Long Term Call

Religare is bullish on Punj Llyod. It has maintained ‘buy’ rating on the Punj Llyodcompany with a target price of Rs 411.

According to Religare, investors can purchase the stock between Rs 260-265 with a strict stop loss of Rs 240.

Today, the company’s shares opened at Rs 260, as against its last closure at Rs 272.85 on Friday (June 6), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 7.30 and 35.68 respectively. The share price has seen a 52-week high of Rs 589.1 and a low of Rs 228.5 on BSE.

The stock will achieve the target price as the company has aggressive growth plans and strong operating capabilities.


Aditya Birla Intraday Buy Call

As per views of stock market analysts, day traders can purchase Aditya Aditya Birla GroupBirla stock on declines to achieve an intraday target of Rs 1,285.

If the stock market remains positive, the next target for the day will be above Rs 1,287. The stop loss marked for the suggested stock is Rs 1,265.


Infosys Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Infosys stock Infosys Technologieswith an intraday target of Rs 1950.

According to Karvy, day traders can purchase the stock between Rs 1900-1920 with a strict stop loss of Rs 1870. If the stock market remains on positive track, the next target for the day will be above Rs 1985.

Shares of the company, on Monday (June 9), closed at Rs 1904.05 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 326776. Current EPS and P/E stood at 78.15 and 23.24 respectively. The share price has seen a 52-week high of Rs 2140 and a low of Rs 1212.2 on BSE.


Sensex Crashes 300 Pts

The BSE Sensex looks to be tempted to touch the 14,000 mark shortly, Sensex Crashes 300 Ptsafter witnessing a big loss of 506 points on Monday’s closure.

As compared to Friday’s closing at 15,572.18 points, the market has dropped around 825 points to touch the low of 14,745.71 in today’s session.

After opening on a negative note today, following global market jitters, continued to fall freely and has lost around 320 points to touch the day’s low.

BSE Midcap and smallcap lost 1.10% and 0.86% each.


Today’s Trading Pattern Is Important To Judge Short Term Trend, Says Suresh Iyer

Due to continued selling pressure in the heavy weights led by IT, banking and capital goods shares, the broad based Nifty fell further on Tuesday by 51.15 points and marked its closure at 4,449.80.

Mr. Suresh Iyer, technical analyst at Asit C Mehta said, “Nifty is at the crucial level. Last 2 days later path recovery has provided some hope. However, it is too early to assume that the correction wave was over.”

Mr. Iyer said that today’s trading pattern is important to judge short term trend.

“We have to cross couple of resistance to confirm the correction is over. Basically, the issue is, whether selling by overseas investors was exhausted first or buying by domestic mutual funds was exhausted first,” he added.


Short Term Buy Call For Indraprastha Gas Ltd

According to Karvy, investors can purchase the stock on declines with a Indraprastha Gas Ltdstrict stop loss of Rs 108.

Shares of the company, on Tuesday (June 10), closed at Rs 111.35 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 17532. Current EPS and P/E ratio stood at 11.88 and 9.50 respectively. The share price also touched a high of Rs 114 during the day. The share price has seen a 52-week high of Rs 182.5 and a low of Rs 107.9 on BSE.

The company’s board of directors, at its meeting held on Jun. 18, 2008, will consider recommendation of dividend for the financial year 2007-08.


Repo Rate Hike To Impact Stock Market, Says Suresh Iyer

The broad-based Nifty on Wednesday (June 11) closed after making a gain BSE-Sensexof 73.8 points at 4,523.60, thereby finishing its three-day loss, as investors felt the stock market entered into oversold zone.

Mr. Suresh Iyer, technical analyst at Asit C Mehta said that the surprising repo rate hike of 25 basis points by the central bank will have an impact on the market.

The RBI has hiked its key lending rate by 25 basis points to 8% in order to halt inflation prospects. But, the RBI kept all other rates unaltered.

Mr. Iyer called Wednesday’s closing as comfortable. The overall market breadth was also safe on Wednesday.


Sell State Bank Of India

Karvy Stock Broking Limited has maintained ‘Sell’ rating on State Bank Of India stock to achieve a target between Rs 1,200-1,220 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 1,270, it may see more weakness.

According to Karvy, investors can sell the stock below Rs 1,280 with a strict stop loss of Rs 1,310.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.

State Bank of India has signed a memorandum of understanding (MoU) with Self Employed Women`s Association (SEWA) for its Gram Mahila Haat (GMH) project.


Wipro Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Wipro stock withWipro Technologies an intraday target of Rs 498.

According to Karvy, day traders can purchase the stock above Rs 482 with a strict stop loss of Rs 476. If the stock market remains on positive track, the next target for the day will be above Rs 500.

Shares of the company, on Friday (June 14), closed at Rs 477.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 234984. Current EPS and P/E stood at 20.96 and 23.28 respectively. The share price has seen a 52-week high of Rs 552 and a low of Rs 325 on BSE.


UPA-Left Meet & Inflation To Rule Market Sentiments, Says Vishwas Agarwal

Stock market analyst, Vishwas Agarwal said that UPA-Left meet on nuclear UPA-Left Meet & Inflation To Rule Market Outlook, Says Vishwas Agarwalagreement and inflation figures will likely to rule the market sentiments during the week.

Mr. Agarwal said, “For BSE Sensex, 15,350 is important level the market must sustain to remain in safe zone. However, the support levels are placed at 14,750.”

He also said that investors should be careful if Sensex trades below 15,000 levels.


Welspun Guj Long Term Call

Asit C. Mehta research has maintained ‘Buy’ rating on Welspun Guj Stahl Welspun Guj Stahl Rohren LimitedRohren Ltd with a long term target of Rs 500.

According to Mr. Mehta, investors can purchase the stock on declines with a strict stop loss of Rs 355.

Today, the company’s shares opened at Rs 376, as against its last closure at Rs 373.25 on Friday (June 13), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 19.77 and 18.89 respectively. The share price has seen a 52-week high of Rs 537.70 and a low of Rs 190.05 on BSE.


BSE Sensex Maintains Strength

The 30-share benchmark, BSE Sensex maintained its strength in the BSE Sensex Maintains Strengthprevious trading hour on the back of sustained buying action witnessed across board.

The Sensex also touched an intraday high of 15587.76. Midcap and Smallcap index climbed 0.95% and 0.98% respectively.

At 1.07 p.m., the BSE Sensex gained 173.72 points at 15,569.54, whereas NSE Nifty stood at 4,616.85, up 44.35 points.

Out of the total 2,550 stocks traded at the BSE, 1,572 advanced, 910 declined, while 68 remained unchanged.


Sensex 15,786 Is A Major Hurdle To Cross, Says Vishwas Agarwal

The 30-share benchmark, BSE Sensex, on Tuesday (June 17), marked its BSE Sensexclosure with a hefty gain of 301.08 points at 15,696.90, led by banking and realty stocks.

It also touched a high of 15,732.75 and a low of 15,357.98 during the day.

In the morning deals, the Sensex saw volatility and was trading flat for a short period. Afterward, it gained strength on the back of sustained buying action witnessed across board.

The broad-based NSE Nifty closed at 4,653.00, up 80.50 points, after hitting a high of 4,664.05 and a low of 4,561.75.


Divis Laboratories Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Divis Divis Laboratories Laboratories stock with an intraday target of Rs 1650.

According to Karvy, day traders can purchase the stock above Rs 1600 with a strict stop loss of Rs 1580. If the stock market remains on positive track, the next target for the day will be above Rs 1552.

Shares of the company, on Tuesday (June 17), closed at Rs 1597.30 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 83648. Current EPS and P/E stood at 54.77 and 29.52 respectively. The share price has seen a 52-week high of Rs 1930 and a low of Rs 990.25 on BSE.


Sell RIL

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Reliance Reliance Indistries Limited (RIL)Indistries Limited (RIL) stock to achieve a target of Rs 2,250 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 2,315, it may see more weakness.

According to Karvy, investors can sell the stock between Rs 2,320-2,330 with a strict stop loss of Rs 2,350.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Sensex Loses 322.73 Pts; Bank, Realty Stocks Tumble

The 30-share index, Sensex, fell deep into the negative zone because of Sensex down 322.73 ptscontinued selling action seen in banking and realty stocks.

It also touched an intraday low of 15,075.14. Midcap and Smallcap declined 1.47% and 1.16% respectively.

At 12:52 p.m., the BSE Sensex lost 322.73 points quoting at 15,099.58, while NSE Nifty stood at 4,503, down 78.9 points.

The overall market breadth is sharply negative. Out of the total 2,492 shares traded at the BSE, 704 advanced, 1707 turned down whereas 81 remained unchanged.


Stock Market Is In Bad Mood, Says Vishwas Agarwal

Indian equities, on Thursday (June 19), ended the day on a weak note Stock Market Is In Bad Moodfollowing its Asian counterparts and negative reactions in the US markets.

Asian stocks saw a negative trend, led by auto makers and technology companies influenced by US slow down and decline in the dollar value.

The Sensex ended the day with a loss of 334.32 points at 15,087.99, while the broad-based Nifty closed the day at 4,504.25, down 78.15 points.

Stock market analyst Vishwas Agarwal said that the support levels for the BSE Sensex are set at 15,150, 14,950, and 14,750.


Sell RIL

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Reliance Reliance Indistries Limited (RIL) Indistries Limited (RIL) stock to achieve a target of Rs 2,000 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 2,070, it may see more weakness.

According to Karvy, investors can sell the stock below Rs 2,080 with a strict stop loss of Rs 2,120.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Sensex Loses 263.53 Pts; Metal, Realty, Power Stocks Tumble

The 30-share index, Sensex, continued to trade weak on disappointing Sensex Loses 263.53 Pts; Metal, Realty, Power Stocks Tumble Asian markets, which fell to three-month low on crude oil and credit crunch worries.

The BSE Sensex fell deep into the negative zone because of continued selling action seen in metal, realty and consumer goods.

Midcap and Smallcap declined over 3% each.

At 11:54 a.m., the BSE Sensex lost 263.53 points quoting at 14,307.76, while NSE Nifty stood at 4,263.35, down 84.2 points.


Sell State Bank of India

Karvy Stock Broking Limited has maintained ‘Sell’ rating on State Bank of State Bank Of IndiaIndia (SBI) stock to achieve a target that lies between Rs 1,140-1,150 today.

The investors are advised to sell the stock to avoid loss, as there are full chances of a downward trend in this stock in today’s session.

If the stock fell below Rs 1180, it may see more weakness.

According to Karvy, investors can sell the stock below Rs 1190 with a strict stop loss of Rs 1205.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Another Tough Day For Stock Market, Says Vishwas Agarwal

Stock market analyst, Vishwas Agarwal warned the investors to stay away Another Tough Day For Stock Marketfrom the stock market as it is trading in a negative mood.

Mr. Agarwal strongly recommends the investors to adopt wait and watch policy.

Today, the 30-share index, Sensex, continued to trade weak and touched a low of 13731.54. Reality, IT and Banking stocks led the declines.

Midcap and Smallcap declined 0.81% and 0.74% respectively

At 10.57 am, the BSE Sensex declined 149.92 points at 13,956.66, while NSE Nifty stood at 4,173.00, down 18.1 points.


RIL Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Reliance Indistries Limited (RIL)Indistries Limited (RIL) stock with an intraday target of Rs 2200.

According to Karvy, day traders can purchase the stock between Rs 2100-2120 with a strict stop loss of Rs 2080. If the stock market remains on positive track, the next target for the day will be above Rs 2202.


Sensex Opens Positive Following Global Cues

After making closure on a strong note on Wednesday (June 25), the 30 Sensex Opens Positive Following Global Cuesshare index, Sensex today opened on a positive note following global cues as in yesterday meeting the Federal Reserve said that the U.S. economy in on recovery.

Asian markets advanced in the early session of trade on Thursday (June 26).

At 10.08 am, the BSE Sensex gained 161.27 points at 14,381.31, whereas NSE Nifty stood at 4,285.55, up 32.90 points.

The market breath was positive as it experienced 912 (79.03%) progressions as against 226 (19.88%) declinations.


Sell ICICI Bank

Karvy Stock Broking Limited has maintained ‘Sell’ rating on ICICI Bank stockICICI Bank to achieve a target that lies between Rs 648-650 today.

The investors are advised to sell the stock to avoid loss, as there are full chances of a downward trend in this stock in today’s session.

If the stock fell below Rs 683, it may see more weakness.

According to Karvy, investors can sell the stock between Rs 690-695 with a strict stop loss of Rs 710.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Inflation Concern Drags Down Sensex By 619 Pts

Indian equities on Friday (June 28) saw a massacre as it lost more than Inflation Concern Drag Down Sensex By 619 Pts600 points followed by weak worldwide cues, rising inflation and continued selling action in pivotal stocks.

The 30-Share Benchmark index - BSE Sensex ended the day negatively and fell below 14,000 mark, triggered by the big carnage in the Asian as well as US markets.

Sensex plunged 544.13 points during the early session to touch a low of 13,877.70.


Investors Should Wait Till Crisis Settle Down, Says Vishwas Agarwal

Indian equities on Friday (June 28) as it lost more than 600 points followedBSE Sensex by weak global cues, growing inflation and continued selling activity in key stocks.
 
The BSE Sensex closed the week with a huge loss of 619.60 points at 13,802.22, where the broad-based NSE Nifty ended the day at 4,136.65 after losing 179.2 points.

The inflation rate climbed up to 11.42 percent for the week ended June 14, as against 11.05% during the last week. The inflation rate is currently at the highest since May 6, 1995, when it was 11.11 percent.


Hope Lies In Frontline Stocks, Says Vishwas Agarwal

Indian stock markets continued to trade feebler on worry over political uncertainty coupled with impact of higher interest. 

At 2.14 pm, the BSE Sensex lost 236.46 points at 13,225.14, while the broad-based NSE Nifty declined 87.85 points at 3,952.70.
 
Overall market breadth was negative. Out of the total 2,614 traded at BSE, 474 advanced, 2,087 declined while 53 remained unchanged.

Technical analyst, Vishwas Agarwal said, “As I warned earlier, I still advise investors to stay away from the market due to higher inflation, peak crude oil prices and low FII`s selling. As there is no improvement in these three problems, market is losing its shine everyday.”


Sell Bharti

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Bharti Airtel Bharti Airtelstock to achieve a target of Rs 670 today.

The investors are advised to sell the stock to avoid loss, as there are full chances of a downward trend in this stock in today’s session.

If the stock fell below Rs 690, it may see more weakness.

According to Karvy, investors can sell the stock below Rs 700 with a strict stop loss of Rs 715.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Sensex Boomerangs To 13k

The 30-share index Sensex bounced back to positive terrain and is trading higher due to heavy buying action seen across IT, Metal and Banking stocks.

At 12:03 pm, the BSE Sensex gained 106.96 points at 13,068.64, while the NSE Nifty stood at 3,926.45, up 29.7 points.

The stock market experienced 603 advancements as against 1860 declinations.

Among sectoral indices, BSE IT surged 3.14% followed by Bankex (1.81%), Metal (0.92%), while Realty and Power, FMCG declined marginally.

Major gainers in the 30-share index were Wipro and Satyam, which vaulted over 5% each, M&M surged 4.52% and SBI rose 2.97%. Infosys, Hindalco, HDFC Bank, RComm and BHEL were among the other gainers.


Quarterly Results Will Improve Trading Prospects, Says Vishwas Agarwal

The BSE Sensex, on Wednesday (June 2), bounced back to 13,000 due to Sensex Upstrong buying activity seen across Realty, Banking, Metal, IT and Power stocks.

Even Nifty also traded above 4,000 levels.

The 30-share index Sensex ended with a gain of 702.94 points at 13,664.62 after touching an intraday high of 13,712.31 and a low of 12,822.75. The broad-based NSE Nifty gained 196.60 points at 4,093.35 after hitting a high of 4,107.15 and a low of 3,848.25.

DLF, ONGC, HDFC, Satyam, Reliance Infra, Jaiprakash Associates and M&M were the major contributors.


BSE Sensex falls below 13,000

The 30-share based BSE sensex was sharply slipped below 13000 points today. It is a second fall in a short period of a weak. The benchmark 30-share Sensex was ended 3.71 percent or 499.92 points lower at 12,961.68 points. The broader 50-share based S&P CNX Nifty was ended at 3.56 percent down at 3,896.75 points. The Indian stock market is facing heat following weak global cues and selling by both domestic and foreign investors.


Sell Tata Steel

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Tata Steel stock Tata Steelto achieve a target of Rs 625 today.

The investors are advised to sell the stock to avoid loss, as there are full chances of a downward trend in this stock in today’s session.

If the stock fell below Rs 643, it may see more weakness.

According to Karvy, investors can sell the stock below 650 with a strict stop loss of Rs 660.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Investors Need To Adopt Wait & Watch Policy, Says Vishwas Agarwal

The 30-shares index, BSE Sensex, on Thursday (June 3), ended the day on Investors Need To Adopt Wait & Watch Policy, Says Vishwas Agarwaldreary note on the back of heavy selling action at the higher levels and weak global cues.

The Sensex marked its closure at 13,094.11 after losing 570.51 points, while the broad-based NSE Nifty fell 167.60 points at 3,925.75.

Technical analyst, Vishwas Agarwal advised investors to stay away from the stock market until political drama gets over as no FII’s (foreign intuitional investors) inflow will be there in this political havoc.


Sensex Ends Up 359 Pts At 13,454

The 30 shares index- BSE Sensex gained over 350 points on Friday (July 4) Sensex Ends Up 359 Pts At 13,454led by Realty, Consumer Goods, Power and Banking stocks.

The index performed well in spite of depressing global cues and high inflation numbers. Heavy buying action was seen across key stocks.

The Sensex closed the week after making a gain of 359.89 points at 13,454.00. It also touched a high of 13,509.74 and a low of 13,027.79 during the day. The broad-based NSE Nifty ended the week at 4,016.00, up 90.25 points, after hitting a high of 4,033.50 and a low of 3,896.40.


Sensex Slumps 1,117.29 Pts During The Week

India’s benchmark index, Sensex lengthened its losses to the 7th straight week by declining over 7%. The declension was mainly because of heavy selling activity by overseas investors, weak worldwide markets, rising inflation and surging energy prices.

Foreign capitalists preferred to take away funds from Indian stock markets as they felt that more pain is left in the market because of global price increase and expectation of retardation in global economy.

The stocks including ACC, Maruti Suzuki, Grasim, Reliance Energy and Tata Steel led the fall.

The 30-share benchmark index, Sensex lost 1,117.29 points to 13,454.00 during the week ended July 04 while the broad based NSE Nifty fell 331.55 points to 4,016 in the same period.


Infra, Realty, Banking Stocks Profitable For Trading, Says Vishwas Agarwal

After opening 33 points higher at 13,127, on Friday, the BSE Sensex BSE Sensexslipped into red to a low of 13,028.

Afterward, the stock index bounced back into the positive terrain and moved higher due to continued buying activity seen in realty and capital goods stocks.

Finally, the Sensex closed the week after making a gain of 359.89 points at 13,454.00 while the broad-based NSE Nifty ended the week at 4,016.00, up 90.25 points.

For the week ended June 21, inflation rate climbed up to 11.63 percent, as against 11.42% during the last week.


Satyam Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Satyam Satyam Computer Services Ltd.Computer stock with an intraday target of Rs 490.

According to Karvy, day traders can purchase the stock above Rs 482 with a strict stop loss of Rs 475. If the stock market remains on positive track, the next target for the day will be above Rs 500.


Sensex Slips 249.66 Pts At 13,276.33

The 30-share benchmark index, Sensex continued to trade in the negative Sensex Slips 249.66 Pts At 13,276.33zone due to heavy selling action seen in key stocks.

Midcap and Smallcap lost 0.56% and 0.72% respectively.

At 2.26 p.m., Sensex lost 249.66 at 13,276.33, while NSE Nifty stood at 3974.65, down 55.35 points.

The overall market breadth was sharply negative.

Out of the total 2,561 stocks traded at BSE, 924 advanced, 1575 declined while 62 remained unchanged.

All sectoral indices were trading in negative except BSE Power and Consumer Goods.


Hold Hindalco Industries

Indiabulls Securities Ltd has maintained a ‘Hold’ rating on Hindalco Hindalco Industries LtdIndustries stock with a long term target of Rs 250.

Hindalco is now making cautious efforts to develop its market share, perk up its business, regulates its asset quality and lay more stress on customer service to improve its profile and combat rising competition.

According to Indiabulls, investors who have already purchased the stock can go long with the intention of making a big profit.

On the other hand, interested investors can purchase the stock on declines with a strict stop loss of Rs 125.


Bharti Airtel Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Bharti Airtel Bharti Airtelstock with an intraday target of Rs 750.

According to Karvy, day traders can purchase the stock between Rs 725-732 with a strict stop loss of Rs 710. If the stock market remains on positive track, the next target for the day will be above Rs 765.

Shares of the company, on Wednesday (July 9), closed at Rs 747.40 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 764838. Current EPS and PE Ratio stood at 32.90 and 22.37 respectively. The share price has seen a 52-week high of Rs 1149 and a low of Rs 688 on BSE.


Larsen & Toubro Long Term Call

Indiabulls Securities Ltd is bullish on Larsen & Toubro (L&T). It has maintained an ‘outperform’ rating on the company with a target price of Rs 2720.

According to Indiabulls, interested investors can purchase the stock between Rs 2450-2510 with a strict stop loss of Rs 2380.

Today (July 10), the company’s shares opened at Rs 2,490, as against its last closure at Rs 2,512.95 on Wednesday  (July 9), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 74.25 and 33.83 respectively. The share price has seen a 52-week high of Rs 4670 and a low of Rs 2100 on BSE.


Reliance Capital Long Term Call

Indiabulls Securities Ltd has maintained a ‘buy’ rating on the Reliance Reliance CapitalCapital with a long term target of Rs 1,332.

According to Indiabulls, interested investors can purchase the stock between Rs 1,110-1135 with a strict stop loss of Rs 1,080.

Today (July 11), the company’s shares opened at Rs 1,136, as against its last closure at Rs 1,117.85 on Thursday  (July 10), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 41.75 and 26.83 respectively. The share price has seen a 52-week high of Rs 2925 and a low of Rs 822.50 on BSE.


Sensex Plunges 456 Pts On Dismal IIP Nos, Rising Inflation

The BSE Sensex lost 456 points on Friday (July 11) because of Sensex Plunges 456 Pts On Dismal IIP Nos, Rising Inflationdisappointing IIP numbers, rising inflation and heavy selling action witnessed in index heavyweights.

IT, Consumer Goods, Realty, Power, FMCG stocks led the fall.

The 30-share index, Sensex opened the day with a gain of 195.82 at 14,032.06, supported by Infosys quarterly results.

But after few minutes of trading, the stock market slipped into negative zone, ahead of Inflation and IIP numbers.


Stock Market To Remain Volatile This Week, Says Vishwas Agarwal

After ending the week with a loss of 456 points on Friday (July 11) at Stock Market To Remain Volatile This Week, Says Vishal Agarwal13,469.85, the 30-share index, Sensex today (July 14) opened negatively at 13,322, down 142 points as investors brace for another round of monetary contraction after inflation climbed up to around 12%, and a mixed Asian market providing little comfort.


Sell L&T

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Larsen & ToubroLarsen & Toubro (L&T) (L&T) stock to achieve a target of Rs 2,250 today.

The investors are advised to sell the stock to avoid loss, as there are full chances of a downward trend in this stock in today’s session.

If the stock fell above 2,338, it may see more weakness.

According to Karvy, investors can sell the stock above 2,350 with a strict stop loss of Rs 2,400.


BSE Sensex Closes At 13,330.51, Down 139 Pts

Indian stock markets ended negatively amid volatility. Heavy selling action BSE Sensex Closes At 13,330.51, Down 139 Ptswas seen in stocks including Pharma, technology, FMCG, whereas Auto, Oil & Gas and Metal gained.

Midcap and Smallcap index turned down 0.64% and 1.10% respectively.

The 30-share index, Sensex yesterday (July 14) opened on a negative note, following feeble worldwide cues, at 13,360.34, down 109 points from the Friday’s closure.

Ranbaxy, Satyam, Infosys, TCS, HDFC, Hindalco and ACC were the major draggers.


SAIL Long Term Call

Indiabulls Securities Ltd is bullish on Steel Authority of India Ltd (SAIL). It Steel Authority of India Ltd (SAIL)has maintained a ‘buy’ rating on the company with a target price of Rs 192.

According to Indiabulls, interested investors can purchase the stock on declines with a strict stop loss of Rs 116.
 
Today (July 15), the company’s shares opened at Rs 136, as against its last closure at Rs 139.45 on Monday (July 15), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 18.24 and 7.40 respectively. The share price has seen a 52-week high of Rs 292.50 and a low of Rs 123.10 on BSE.


Hold TCL

Indiabulls Securities Ltd has maintained a ‘Hold’ rating on Tata Communications Limited (TCL) stock with a long term target above Rs 435.

TCL is now making cautious efforts to expand its market share, develop its business, regulates its asset quality and lay more pressure on customer service to perk up its profile and combat increasing competition.

According to Indiabulls, investors who have already purchased the stock can go long with the intention of making a big profit.

On the other hand, interested investors can purchase the stock on declines with a strict stop loss of Rs 340. The share price has seen a 52-week high of Rs 783 and a low of Rs 332 on BSE.


Sensex Loses Over 500 Pts; Banking Sector Hit Most

The 30-share Index, Sensex lost more than 500 points on the back of strong selling activity in key stocks.

It also touched a low of 12,810.31.

Midcap and Smallcap index turned down over 2% each.

At 1:14 p.m., the BSE Sensex stood at 12,816.85, down 513.66 points, while the broad-based NSE Nifty lost 141.3 points at 3,899.10.

The market breadth was sharply negative as it experienced 541 progressions as against 1880 declinations.

All sectoral indices traded negatively led by BSE Bankex, which declined 7.35%, BSE Consumer Goods, Power and Realty lost more than 3% each.

The major losers’ on the BSE included HDFC Bank, Ranbaxy, ICICI Bank, M&M, HDFC, SBI, ITC, Hindalco, Tata Motors and Wipro.


Brokers’ Viewpoint: Stock Market To See Further Downfall

India equities fell sharply on Tuesday forcing the Sensex down to 12,676, aBrokers’ Viewpoint: Stock Market To See Further Downfall low not seen since April 2007.

The benchmark index Sensex shed 654.32 points and closed the day at 12,676.19, whereas Nifty plunged 178.60 points to close the day at 3,861.10 points.

The stock market plummeted to its 15-month low, as prediction of rising risk to rupee-denominated investments added to the sufferings of investors already combating with domestic political improbability and weak worldwide cues.


Ranbaxy Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Ranbaxy Laboratories stock with an intraday target of Rs 430.

According to Karvy, day traders can purchase the stock above Rs 412 with a strict stop loss of Rs 405. If the stock market remains on positive track, the next target for the day will be above Rs 435.

Shares of the company, on Tuesday (July 15), closed at Rs 409.25 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 7189255. Current EPS and P/E stood at 16.38 and 26.58 respectively. The share price has seen a 52-week high of Rs 613.70 and a low of Rs 299.90 on BSE.

The outlook for the stock is really very strong, and it is expected to rise on the back of huge volumes.


Sensex Gains 152.99 Pts; Auto, Realty Down

The 30-share Index, Sensex, which shed most of its gains in the previous Sensex Gains 152.99 Pts; Auto, Realty Downtrading hour, continued to trade positively.

Heavy selling action was seen in stocks including auto, realty and consumer durables, whereas FMCG, IT and banking gained.

At 12.14 p.m., the BSE Sensex lost 152.99 points at 12,829.18, while the broad-based NSE Nifty stood at 3,883.75, down 22.65 points.

The overall market breadth was mixed as it experienced 938 progressions as against 1319 declinations.


Stay Away From Stock Market Until Big Corp. Result, Says Vishwas Agarwal

Indian stock markets ended the day negatively on Wednesday (July 16) on http://topnews.in/files/Stock-Mark-Down.jpgthe back of heavy selling pressure witnessed in realty, auto, metal, banking and power stocks.

After opening the day at 12,740.78 (July 16), the 30-share Index, Sensex continued to trade strongly due to sustained buying action across the board.

Afterwards, the index lost all its strength and slipped into the negative terrain.

Midcap and Smallcap index turned down 1.46% and 1.66% respectively.


Bharti Airtel Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Bharti Airtel Bharti Airtel stock with an intraday target of Rs 765.

According to Karvy, day traders can purchase the stock above Rs 735 with a strict stop loss of Rs 720. If the stock market remains on positive track, the next target for the day will be above Rs 768.

Shares of the company, on Wednesday (July 16), closed at Rs 730.35 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 693761. Current EPS and PE Ratio stood at 32.90 and 22.98 respectively. The share price has seen a 52-week high of Rs 1149 and a low of Rs 688 on BSE.


Buy In Dips And Book Profit, Says Vishwas Agarwal

Indian stock markets ended the day on a positive note on Thursday (July Buy In Dips And Book Profit, Says Vishwas Agarwal17) due to encouraging global cues and heavy drop in crude prices. Heavy buying was seen across board.

The market made a smart recovery by annihilating all its losses from last four consecutive days. Banking, realty, auto, power, IT, oil stocks were the major contributors.

Midcap and Smallcap index gained 1.32% and 0.99% respectively.


Sensex Gains 100 Pts; Banking, Realty Shine

The Indian stock market opened positively today (July 18), following the Sensex Gains 100 Pts; Banking, Realty Shinepositive global cues and decline in oil prices.

The 30-share Index, Sensex opened at 13,234.3, up 122.68 points from the yesterdays close.

At 12:07 p.m., the BSE Sensex gained 102.54 at 13,214.39, while NSE Nifty stood at 3,965.20, up 18 points.

The BSE Sensex continued to trade higher because of continued buying activity in key stocks.

Banking, Realty, Power stocks gained while IT, Metal, IT, Oil & Gas turned down.


HDFC Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Housing Development Finance Corporation (HDFC) stock with an intraday target of Rs 1,950.

According to Karvy, day traders can purchase the stock above Rs 1,905 with a strict stop loss of Rs 1,890. If the stock market remains on positive track, the next target for the day will be above Rs 1,955.

Shares of the company, on Thursday (July 17), closed at Rs 1,888.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 338849. Current EPS and PE Ratio stood at 85.73 and 24.05 respectively. The share price has seen a 52-week high of Rs 3,257 and a low of Rs 1,690 on BSE.


Stock Market May Fall Drastically If Govt. Falls, Says Vishwas Agarwal

Stock Market May Fall Drastically If Govt. Falls, Says Vishwas AgarwalIndian stock markets went up further over the week ended July 18, helped by lower than expected inflation numbers together with falling crude oil prices.

The market remained volatile during the week ended July 18. It made the majority of profits on Friday after the declaration of inflation figures.


Hold Suzlon Energy

Indiabulls Securities Ltd has maintained a ‘Hold’ rating on Suzlon Energy Suzlon Energy Limited Limited stock with a long term target above Rs 275.

Suzlon Energy is now making cautious efforts to expand its market share, develop its business, regulates its asset quality and lay more pressure on customer service to perk up its profile and combat increasing competition.

According to Indiabulls, investors who have already purchased the stock can go long with the aim of making a big profit.


Sensex Up 180.81 Pts; Banking Stocks Lead Rally

The 30-share BSE Sensex continued its positive journey on the back of Sensex Up 180.81 Pts; Banking Stocks Lead Rallyheavy buying activity witnessed across board.

BSE Midcap gained 0.08%, while Smallcap fell 0.29%.

At 12:00 noon, the BSE Sensex stood at 13,816.21, up 180.81 points, whereas the broad-based NSE Nifty gained  49.15 points to trade at 4,141.40.

All sectoral indices were trading positively excluding BSE Consumer Goods and Consumer Durables.

The market breadth was positive as it experienced 961 progressions as against 1,181 declinations.


Stock Market Fate Depends On Result Of Confidence Motion, Says Vishwas Agarwal

The BSE Sensex made a late surge during the day (July 21) by profiting Stock Market Fate Depends On Result Of Confidence Motion, Says Vishwas Agarwalmore than 200 points at close. The market was trading on a strong note amidst volatility.

Indian equities, expanding the dream rally of Friday, opened positively following firm worldwide cues. But the stock market was not capable of holding its head high in positive zone and shortly slipped into the negative terrain on concern of continuing political havoc in the country.


Sensex Maintains Strength

The BSE Sensex, which shed most of its gains during the last trading Sensex Maintains Strengthsession, continued to trade in the positive zone as it saw heavy buying action in stocks including Metal, Power, FMCG and Power gained ground while auto went down.

At 12:55 p.m., the BSE Sensex stood at 14,096.04, up 246.00 points after touching a high of 14,206.13, whereas the broad-based NSE Nifty gained 85.1 points to trade at 4,227.10.

The market breadth was extremely positive as it experienced 1,738 progressions as against 618 declinations.


Stock Market May Touch Upper Circuit Today, Says Vishwas Agarwal

The BSE Sensex marked its closure on a strong note on Tuesday (July 22) Stock Market May Touch Upper Circuit Today, Says Vishwas Agarwalfollowing hope that the UPA Government will win the trust vote of confidence.

If all goes fine, the early election will not happen in India and there will be some advancement in N-deal.

Heavy buying activity was seen in FMCG, Power, Metal and Banking stocks, while auto index was under selling pressure.


PGCIL Intraday Buy Call

As per views of stock market experts, investors can purchase PGCIL (Power Power Grid Corporation of India (PGCIL)Grid Corporation of India) stock above Rs 95, in order to achieve an intraday target of Rs 97.5.

The stop loss for the suggested counter is Rs 94.2. The stock pricing becomes more attractive, and reach above Rs 99.5, if the stock markets remain positive.


Sensex Heads Towards 15000 Mark

The BSE Sensex continued its positive journey as it witnessed heavy buying activity in banking, power and realty stocks.

Moreover, it also touched its one month high during the initial trading session.

At 12:10 p.m., Sensex stood at 14,738.23, up 634.03 points, whereas the broad-based NSE Nifty gained 179.6 points, at 4,421.10.

The market breadth was extremely positive as it experienced 2,044 progressions as against 370 declinations.

All sectoral Indices were trading in positive, led by BSE Bankex, which gained 8.22%, Realty profited 7.60%, and Power surged 6.78%.

Most active counters in the 30-share index were ICICI Bank that rose 10.29%, Reliance Communication gained 10.09%, Reliance Infra surged 9.95%.


Profit Booking Expected From Today’s High Level, Says Vishwas Agarwal

The BSE Sensex marked its closure on a strong note on Wednesday (July Profit Booking Expected From Today’s High Level, Says Vishwas Agarwal  23), as the political doubt over N-deal came to an end after the UPA government won the trust vote of confidence on Tuesday (July 22).

Heavy buying action was seen in banking, capital goods, realty, and power stocks.

The Sensex closed the day on a firm note at 14,942.28, up 838.08 points. It also touched a high of 14,979.90 and a low of 14,568.22 during the day.


Punj Lloyd Intraday Buy Call

As per views of stock market experts, investors can purchase Punj Lloyd Punj Lloyd Limited stock above Rs 270, in order to achieve an intraday target of Rs 276.

The stop loss for the suggested counter is Rs 265. The stock pricing becomes more attractive, and reach above Rs 278, if the stock markets remain positive.

On Wednesday (July 23), the company’s shares closed at Rs 269.90 on BSE. The total volume of the shares traded was 1874343. Current EPS and P/E ratio stood at 7.30 and 35.58 respectively. The stock has also seen 52-week high of Rs 589.10 and low of Rs 183.20 on BSE.


Larsen & Toubro Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Larsen & Toubro Larsen & Toubro (L&T) (L&T) stock with an intraday target of Rs 2900.

According to Karvy, day traders can purchase the stock above Rs 2810 with a strict stop loss of Rs 2750. If the stock market remains on positive track, the next target for the day will be above Rs 2905.


Sensex Tumbles 152 Pts In Noon Trade

The 30-share index, BSE Sensex fell further into the pessimistic zone on the Sensex Tumbles 152 Pts In Noon Trade  back of continued buying activity witnessed in IT, Metal, FMCG and Banking sectors, where Realty, Auto and Oil & Gas climbed up.

It also touched an intraday low of 14,728.02. BSE Midcap fell 0.43%, while Smallcap surged 0.23%.

At 1:05 p.m., Sensex lost 152.99 points at 14,789.29, whereas the broad-based NSE Nifty stood at 4,444.75, down 32.05 points.

The market breadth was negative as it saw 1225 declinations as compared to 1225 advancements.


Indian Equities End 3% Lower On Credit, Earning Woes

Indian equities pared their gains, on Friday (July 25), because of renewed Indian Equities End 3% Lower On Credit, Earning Woesworries that credit market losses will expand and a decelerating worldwide economic system will diminish earnings.

Moreover, the stock markets fell following news of a bomb blast in outskirts of IT city Bangalore. At least two persons died and 20 people injured in eight blasts, which hit Bangalore’s central business area and other crowded regions.


Passive Trend In Stock Market Will Remain For Monday

The Sensex on Friday (July 25) closed the week at 14,274.94 after losing Passive Trend In Stock Market Will Remain For Monday 502.07 points, while the broad based Nifty ended at 4311.85 points, down 121.7 points.

Alex Mathew, head - research centre, Geojit Financial Services said, “Nifty closed lower at 4,311, on weak European and Asian markets. Our markets were moving higher by 18.8% in the last one weak, showing slightly over situation. Nifty will remain in a range of 4,123 (50 DMA). A major upward or downward trend will emerge only if Nifty breaches these levels.”


Stock Market Fate Depends On Credit Policy, Says Vishwas Agarwal

For the second successive week, Indian stock markets gained helped by Stock Market Fate Depends On Credit Policy, Says Vishwas Agarwallower than expected inflation numbers, encouraging worldwide signals and heavy buying action by funds.

The Sensex breached the mark of 15k during the week ended July 25, on the back of positive response.


Sensex Ends 74 Pts Higher; L&T Zooms 3.73%

Indian stock markets ended positively on Monday (July 28), led by Larsen & Sensex Ends 74 Pts Higher; L&T Zooms 3.73%Toubro, Tata Power and ACC.

The broad based Nifty’s increase was led by oil & gas, capital goods and consumer durable stocks. But, metal and power stocks went down.

On global front, the majority of the Asian stocks went up on Monday, however, European shares declined during the early trade.

Finally, the Sensex marked its closure at 14,349.11 after making a gain of 74.17 points. It also touched a high of 14,421.61 and a low of 14,219.38 during the day.


Bharti Airtel Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Bharti Airtel Bharti Airtel stock with an intraday target of Rs 825.

According to Karvy, day traders can purchase the stock above Rs 800 with a strict stop loss of Rs 780. The stock pricing becomes more attractive, and reach above Rs 828, if the stock market remains positive.

Shares of the company, on Monday (July 28), closed at Rs 794.40 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 348793. Current EPS and PE Ratio stood at 32.90 and 24.16 respectively. The share price has seen a 52-week high of Rs 1149 and a low of Rs 688 on BSE.


Jindal Steel Long Term Call

Stock market analysts have maintained ‘buy’ rating on Jindal Steel & Power Limited (JSPL) Jindal Steel & Power Limited (JSPL) with a long term target of Rs 2,285.

According to them, interested investors can purchase the stock on declines with a strict stop loss of Rs 1,875.
 
Today (July 29), the company’s shares opened at Rs 1,950, as against its last closure at Rs 1,976.65 on Monday (July 28), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 79.98 and 24.16 respectively. The share price has seen a 52-week high of Rs 3,356 and a low of Rs 708 on BSE.


Sensex Tanks 400 Pts On CRR, Repo Hike

The 30-share Index, BSE Sensex lost over 400 points as the Reserve Bank Sensex Tanks 400 Pts On CRR, Repo Hikeof India (RBI) raised the CRR (Cash Reserve Ratio) by 25 basis points and Repo by 50 basis points.

At 11:59, Sensex stood at 13,907.92, down 441.19 points, while the broad-based NSE Nifty lost 103.45 points at 4228.65. It also touched a low of low of 13,903.69.

The overall market breadth was sharply negative as it experienced 886 progressions as against 1367 declinations.


Reliance Communications Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Reliance Communications (RCom)Communications (RCom) stock with an intraday target of Rs 520.

According to Karvy, day traders can purchase the stock between Rs 495-497 with a strict stop loss of Rs 485. The stock pricing becomes more attractive, and reach above Rs 523, if the stock market remains positive.


Sensex Ends Lower By 557 Pts, Nifty Down By 142

Indian equities fell over 550 points, on Tuesday (July 29), because of CRR Sensex Ends Lower By 557 Pts, Nifty Down By 142 and Repo rate hike, hopeless worldwide signals and heavy selling action across the board.

The Reserve Bank of India (RBI) has raised the CRR (Cash Reserve Ratio) by 25 basis points to 9%. On the other hand, Repo rate has also been augmented by 50 basis points from 8.50% earlier.

However the Bank Rate kept unchanged.

After opening negatively (Tuesday, July 29) at 14,085.53, the 30-share Index slipped further on account of CRR and Repo rate hike news.


Tata Steel Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Tata Steel stock Tata Steelwith an intraday target of Rs 610.

According to Karvy, day traders can purchase the stock above Rs 592 with a strict stop loss of Rs 585. The stock pricing becomes more attractive, and reach above Rs 613, if the stock market remains on positive track.

Shares of the company, on Tuesday (July 29), closed at Rs 584.30 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1667306. Current EPS and PE Ratio stood at 64.14 and 9.64 respectively. The share price has seen a 52-week high of Rs 969.80 and a low of Rs 469.04 on BSE.


Cairn India Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Cairn India stock Cairn India with an intraday target of Rs 233.

According to them, interested traders can purchase the stock around Rs 229 with a strict stop loss of Rs 226.

Shares of the company, on Tuesday (July 29), closed at Rs 228.21 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 20009511. The share price has seen a 52-week high of Rs 342.50 and a low of Rs 134.60 on BSE.

The outlook for the stock is very strong, and it will achieve the target price as the company has strong growth plans and strong operating capabilities.


BSE Sensex Gains 397 Pts; Nifty Up By 100 Pts

The 30-share index, BSE Sensex continued to trade strong on the back of BSE Sensex Gains 397 Pts; Nifty Up By 100 Ptsstrong worldwide markets, a sharp decline in crude oil rates and short-covering ahead of July series derivatives expiry.

All these positive signals helped several front line stocks to record handsome gains.

The stocks, which were beaten down after the central bank announced a rate hike got well to lead the rally.

At 12:37 pm, Sensex has gained 397.63 points at 14,189. 7, while the broad-based Nifty stood at 4290.40, up 100.55 points.


Stock Markets Close Higher; BSE Sensex Gains 495 Pts

Indian equities rallied by gaining around 500 points on Wednesday (July Stock Markets Close Higher; BSE Sensex Gains 495 Pts30) on account of favorable worldwide signals, encouraging results and sharp buying action in banking, metal, IT and oil stocks.

BSE Midcap and Smallcap index gained 1.68% and 1.41% respectively.

After opening positively at 14,007.32, up 215.78 points, the BSE Sensex soon touched the high of 14,083.80.


Jindal Stainless Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Jindal Stainless Jindal Stainlessstock with an intraday target of Rs 134.

According to Karvy, day traders can purchase the stock between Rs 126-128 with a strict stop loss of Rs 125. The stock pricing becomes more attractive, and reach above Rs 135, if the stock market remains on positive track.

Shares of the company, on Wednesday (July 30), closed at Rs 131.70 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 10.73 and 12.50 respectively. The share price has seen a 52-week high of Rs 243.80 and a low of Rs 112 on BSE.


Suzlon Energy Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Suzlon Energy stock Suzlon Energywith an intraday target of Rs 227.

According to them, interested traders can purchase the stock above Rs 219 with a strict stop loss of Rs 215. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 228.
 
Shares of the company, on Wednesday (July 30), closed at Rs 218.80 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1582826. Current EPS and PE Ratio stood at 8.46 and 26.14 respectively. The share price has seen a 52-week high of Rs 460 and a low of Rs 174.50 on BSE.


Sensex Loses 88 Pts Ahead Of Inflation Announcement

After trading in lethargic manner since the opening bell, the Indian stock Sensex Loses 88 Pts Ahead Of Inflation Announcementmarket eventually came down and lost 125.54 points to touch the low of 14,161.76.

Sensex continued to trade in negative terrain ahead of inflation declaration.

At 1:13 pm, the BSE Sensex lost 88.64 points at 14198.57, while NSE Nifty stood at 4299.80, 13.45 points.

The market experienced 1,179 advancements, 1,200 declinations while 82 remained unchanged.


Stock Markets Likely To Open On Strong Note, Says P.K. Agarwal

After opening positively on Thursday (July 31), Indian equities continued to Stock Markets Likely To Open On Strong Note, Says P.K. Agarwalremain volatile all through the day on account of F&O expiry and high inflation figures.

BSE Midcap and Smallcap index closed on a negative note after declining 0.24% and 0.21% respectively.

The majority of Asian stocks climbed up on Thursday, led by mining companies as oil rates surged over $ 4 per barrel on July 30, and metals advanced.


Punj Lloyd Long Term Call

Emkay has maintained ‘Buy’ rating on Punj Lloyd stock with a long term Punj Lloyd Limitedtarget of Rs 414.

According to Emkay, interested investors can purchase the stock on declines with a strict stop loss of Rs 265.

Shares of the company, on Thursday (July 31), closed at Rs 269.10 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 7.30 and 36.88 respectively. The share price has seen a 52-week high of Rs 589.10 and a low of Rs 183.20 on BSE.


ICICI Bank Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on ICICI Bank stock ICICI Bankwith an intraday target of Rs 640.

According to them, interested traders can purchase the stock around Rs 635 with a strict stop loss of Rs 632. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 642.
 
Shares of the bank, on Thurday (July 31), closed at Rs 634.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1353189. Current EPS and PE Ratio stood at 36.93 and 17.13 respectively. The share price has seen a 52-week high of Rs 1465 and a low of Rs 515.10 on BSE.


Sensex Recovers 500 Pts From Day’s Low

The 30-share index BSE Sensex, which opened with a negative gap of Sensex Recovers 500 Pts From Day’s Low around 300 points and lost more than 320 points to touch the day’s low, has regained over 516.51 points and entered into the positive zone.

It has gained over 200 points to touch the high of 14,549.56 on the back of big improvement in the majority of Asian indices. Hang Seng, Shanghai indices turned into positive terrain after wiping off its previous losses.

The recovery was mainly led by BSE Metal, Consumer Goods and Oil and Gas.


Sensex Ends Week On A Positive Note

After opening with a negative gap of 291.49 points at 14,064.26 on Friday Sensex Ends Week On A Positive Note(August 1), the 30-share index BSE Sensex climbed up 247.57 points towards the closing sessions.

Good buying action was witnessed across sectors.
 
BSE Midcap and Smallcap index closed the week on a positive note after gaining 0.24% and 0.21% respectively.

The stock market bells ringed depressing tones during the early sessions mainly on the back of worldwide signals.


Sensex Gains 385.75 Pts During The Week; Tata Steel, HDFC Climb Up

Indian stock markets continued its upward trend backed by lower than Sensex Gains 385.75 Pts During The Week; Tata Steel, HDFC Climb Upexpected inflation numbers, encouraging worldwide signals and heavy buying action by funds.

Stocks, which pushed the benchmark index higher during the week, were Tata Steel that climbed 10.16%, HDFC surged 8.13%, RIL arose 7.10%, Wipro zoomed 6.47%, and BHEL was up by 6.14%.

In contrast, Reliance Com (13.18%), Maruti Suzuki (8.77%), Tata Motors (6.57%), Hindalco (5.82%) and NTPC (5.76%) were the major losers in the 30-share index.


Investors Should Adopt Buy-In-Dips Strategy, Says Vishwas Agarwal

The 30-share index, Sensex closed the week on a positive note on Friday  Investors Should Adopt Buy-In-Dips Strategy, Says Vishwas Agarwal (August 1) after gaining 300.94 points at 14,355.75 after touching a high of 14,369.59, while the broad-based NSE Nifty ended the week at 4,413.55, up 80.60 points, after hitting a high of 4,422.95.

Good buying action was seen across various sectors.

BSE Midcap and Smallcap index surged 0.24% and 0.21% respectively.

The overall market breadth was positive as it saw 1,551 advancements as compared to 1,108 declinations.


GMR Infrastructure Long Term Call

Stock market analysts have maintained a ‘Buy’ rating on GMR Infrastructure GMR Infrastructurestock with a long term target of Rs 175.

The company is now making robust efforts to expand its market share, strengthen its business, shapes its asset quality and put more pressure on customer service to develop its profile and combat increasing competition.

According to analysts, investors who have already purchased the stock can go long with the intention of making a big profit.

On the other hand, interested investors can purchase the stock on declines with a strict stop loss of Rs 95.


Stock Markets Still In Safety Zone, Says Vishwas Agarwal

Indian stock markets ended that day negatively amid volatility. Heavy  Stock Markets Still In Safety Zone, Says Vishwas Agarwal buying activity was seen in FMCG, metal, healthcare stocks, whereas oil, power and consumer goods stocks went down.

The 30-share index Sensex, on Monday (August 4), opened with a negative gap of 62.05 points at 14,594.64 the back of profit booking. After few minutes, Sensex moved into the positive terrain to trade on a flat note.

BSE Midcap and Smallcap index closed after gaining 1.77% each.


Ranbaxy Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Ranbaxy Ranbaxy Laboratories LtdLaboratories stock with an intraday target of Rs 531.

According to them, interested traders can purchase the stock above Rs 525 with a strict stop loss of Rs 521. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 532.
 
Shares of the company, on Monday (August 4), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 829050. The share price has seen a 52-week high of Rs 613.70 and a low of Rs 299.90 on BSE.


HCL Tech Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on HCL Technologies HCL Technologies Limitedstock with an intraday target of Rs 225.

According to them, interested traders can purchase the stock above Rs 221 with a strict stop loss of Rs 217. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 227.
 


Sensex Gains 71 Pts; M&M, ACC Climb Up

The Sensex, which recovered smartly after a sharp decline from upper Sensex Gains 71 Pts; M&M, ACC Climb Up   levels, trading positively on account of good buying action witnessed in select blue chip stocks.

At 1:26 pm, the Sensex gained 71.07 points at 14,648.94 over its previous closing mark, while the broad-based NSE Nifty stood at 4413.55, up 17.20 points.

The major gainers in the Sensex were Mahindra & Mahindra (4.5%), ACC (3.15%), HDFC Bank (3.8%), ICICI Bank (2.6%), State Bank of India (2.4%) and Hindustan Unilever (2%).


Sensex Closes 383.20 Pts Up At 14,961.07

Indian equities closed on an encouraging note, on Tuesday (August 05), on Sensex Closes 383.20 Pts Up At 14,961.07the back of good buying action seen across all segments, with Bankex (6.65%) and Realty (6.56%) sectors being the major gainers among the sectoral indices.

Volatility jitters, which were seen during the early trading sessions, turned down in the late closing sessions with markets zooming 383.20 points.

BSE Midcap and Smallcap index closed the day positively after gaining 1.76% and 1.26% respectively.

Asian stocks reported a declension with mining companies being in the front line.


Divis Lab Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Divis Divis Laboratories Ltd Laboratories Ltd stock with an intraday target of Rs 1530.

According to Karvy, day traders can purchase the stock between Rs 1440-1450 with a strict stop loss of Rs 1400. The stock pricing becomes more attractive, and reach above Rs 1540, if the stock market remains on positive track.


ICICI Bank Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on ICICI Bank stock ICICI Bankwith an intraday target of Rs 765.

According to Karvy, day traders can purchase the stock between Rs 700-705 with a strict stop loss of Rs 680. The stock pricing becomes more attractive, and reach above Rs 768, if the stock market remains on positive track.

Shares of the company, on Tuesday (August 04), closed at Rs 600.65 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1348454. Current EPS and PE Ratio stood at 36.93 and 19.81 respectively. The share price has seen a 52-week high of Rs 1465 and a low of Rs 515.10 on BSE.


Sensex Maintains Positive Sentiments; Up 265.07 Pts

The 30-share index BSE Sensex continued its positive rally on account of  Sensex Maintains Positive Sentiments; Up 265.07 Pts good buying action witnessed across sectors.

However, a few blue chip stocks went down sharply on selling pressure.  

At 1:17 p.m, the BSE Sensex gained 265.07 points at 15,226.14, while NSE Nifty stood at 4566.25, up 63.40 points.

The overall market breadth was positive.


Sensex Maintains Upward Journey; Up 112.47 Pts

Indian stock markets traded positive all through the day, on Wednesday Sensex Maintains Upward Journey; Up 112.47 Pts(August 6), gaining 159.17 points, during morning trade to touch a high of 15,422.82 but sank phenomenally by 349.28 points towards closing session.

Good buying activity was witnessed in sectors including Auto, Capital Goods and IT, whereas Healthcare, Realty and Power indices saw selling rally.

BSE Midcap gained 0.20%, whereas Smallcap index closed negatively after declining 0.68%.


Cairn India Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Cairn India stock Cairn India with an intraday target of Rs 250.

According to Karvy, day traders can purchase the stock between Rs 232-234 with a strict stop loss of Rs 226. The stock pricing becomes more attractive, and reach above Rs 252, if the stock market remains on positive track.

Shares of the company, on Tuesday (August 06), closed at Rs 237.15 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1221278. The share price has seen a 52-week high of Rs 342.50 and a low of Rs 134.60 on BSE.


Bharti Airtel Short Term Call

Stock market analysts have maintained ‘buy’ rating on Bharti Airtel stock  Bharti Airtel Short Term Call with a short term target of Rs 920.

According to them, interested investors can purchase the stock around Rs 840 with a strict stop loss of Rs 830.
 
Shares of the company, on Wednesday (August 6), closed at Rs 869.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1010461. Current EPS and PE Ratio stood at 36.24 and 23.37 respectively. The share price has seen a 52-week high of Rs 1149 and a low of Rs 688 on BSE.


Sensex Zooms 207 Pts; Bank, IT Stocks Shine

The 30-share index Sensex gained further ground as heavy buying action Sensex Zooms 207 Pts; Bank, IT Stocks Shine was witnessed across board.

BSE Midcap and Smallcap surged 0.93 % and 0.85% respectively.

At 1:57 p.m., the BSE Sensex, which had tumbled to 14,992.97 earlier in the day, gained 206.52 points at 15,280.06, while NSE Nifty stood at 4,577.45, up 59.90 points.

IT, banking and realty stocks, which turned a bit easy after a quite positive show earlier this morning, recovered strongly on account of good buying action.


Stock Market Maintains Upward Journey Ahead Of Inflation Nos

Indian stock markets closed on a positive note, on Thursday (August 7), Stock Market Maintains Upward Journey Ahead Of Inflation Nostouching an intraday high of 15,280.06 and an intraday low of 14,992.97 ahead of inflation numbers for the week ended July 26.

Buying and selling action was witnessed in some of the selected stocks. Consumer durables, realty, auto, IT, banking traded positively, whereas capital goods, power and oil stocks went down.

BSE Midcap and Smallcap index closed positively after gaining 0.45% and 0.32% respectively.


Shipping Corp Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Shipping Shipping Corporation Of India Limited (SCI) Corporation Of India Limited (SCI) stock with an intraday target of Rs 245.

According to Karvy, day traders can purchase the stock between Rs 232-235 with a strict stop loss of Rs 228. The stock pricing becomes more attractive, and reach above Rs 247, if the stock market remains on positive track.


Cipla Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Cipla stock with an Cipla Intraday Buy Callintraday target of Rs 231.

According to them, interested traders can purchase the stock around Rs 228 with a strict stop loss of Rs 225. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 232.
 


Sell Reliance Petro

Stock market analysts have maintained ‘Sell’ rating on Reliance Petroleum Sell Reliance Petro Limited (RPL) stock to achieve a target between Rs 155-157 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 160, it may see more weakness.

According to analysts, investors can sell the stock below Rs 163.4 with a strict stop loss of Rs 166.3.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Short Term Buy Call For Nagarjuna Fertilizers

Stock market analysts are of the view that investors can buy Nagarjuna Nagarjuna Fertilizers & Chemicals Ltd Fertilizers & Chemicals Ltd stock to achieve a short term target of Rs 52.

According to analysts, interested investors can purchase the stock above Rs 42.8 with a strict stop loss of Rs 39.5.

Today (August 08), the shares of the company opened at Rs 40.45 on the Bombay Stock Exchange (BSE). Current EPS and P/E stood at 0.52 and 79.64 respectively. The share price has seen a 52-week high of Rs 89 and a low of Rs 22.80 on BSE.


Buy Tanla Solutions

As per views of technical analyst Mathew Easow, investors can purchase Buy Tanla Solutions Tanla Solutions stock above Rs 226 to achieve a short term between Rs 260-278.

The stop loss marked for the suggested stock is Rs 214.

Today (Aug 08), the company’s shares opened at Rs 218.45, as against its last closure at Rs 216.15 on Thursday (August 07), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 9.29 and 23.80 respectively. The share price has seen a 52-week high of Rs 410 and a low of Rs 182.10 on BSE.


Short Term Buy Call For Gwalior Chemical

Stock market analysts are of the view that investors can buy Gwalior Short Term Buy Call For Gwalior Chemical Chemical Industries stock to achieve a short term target of Rs 163.

According to analysts, interested investors can purchase the stock on declines with a strict stop loss of Rs 104.

Today (Aug 08), the company’s shares opened at Rs 113, as against its last closure at Rs 109.70 on Thursday (August 07), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 11.66 and 9.62 respectively. The share price has seen a 52-week high of Rs 127 and a low of Rs 37.05 on BSE.


Sensex Gains 511 Pts During The Week; Banking, Auto Shine

Indian stock markets maintained its upward trend and gained more than 500 Sensex Gains 511 Pts During The Week; Banking, Auto Shinepoints during the week, ended on August 08, despite weak global markets, high inflation numbers and slumping growth.

The Federal Reserve’s decision to keep the benchmark lending rates the same at 2% assisted the stock market to lift up from the lows and consolidate a bit.

The Sensex, which marked its closure at 15,167.82, gained 511.13 points during the week, whereas the 50-share index, NSE Nifty profited 115.95 points to close the week at 4,529.50.


Declining Crude, Commodities Will Improve Stock Market, Says Vishwas Agarwal

In volatile trade, the stock markets overcame the initial setback on Friday Declining Crude, Commodities Will Improve Stock Market, Says Vishwas Agarwal(August 08) with the benchmark Sensex gaining more than 50 points to remain above 15,000-level at the closing time after declining below this crucial level during late morning trade.

Finally, the 30-share bellwether index on the Bombay Stock Exchange ended the day at 15,167.82, up 50.57 points, on account of some buying action witnessed in metal and capital goods stocks.


Sensex Opens At Promising Note

Indian Equities opened strongly today (August 11) because of encouraging crude Sensex Opens At Promising Noteoil’s slide, which kept the outlook positive across worldwide markets.

In addition the gain was led by good buying action witnessed in key stocks.

Today, the 30-share Index, BSE Sensex opened at 15,430.31, up 262.49 points, and soon it touched a high of 15,470.70.

The majority of Asian stocks benefited today, led by banking institutions and manufacturers, after last week’s reduction in commodity prices, which encouraged the positive view of business earnings and relieved inflation worries.


Essar Oil Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Essar Oil stock with an Essar Oil Intraday Buy Callintraday target of Rs 238.

According to them, interested traders can purchase the stock above Rs 234 with a strict stop loss of Rs 230. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 244.
 
Shares of the company, on Friday (Aug 08), closed at Rs 233.75 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3350978. The share price has seen a 52-week high of Rs 360 and a low of Rs 48 on BSE.


Sensex Maintains Upward Journey; Up 288 Pts

The 30-share index Sensex continued its positive run on account of heavy buying Sensex Maintains Upward Journey; Up 288 Ptsactivity seen across the board.

Banking, realty, oil & gas, auto stocks led the advances, while some IT stocks went down.

BSE Midcap and Smallcap gained more than 1% each.

At 1:14 p.m., Sensex stood at 15,456.41, up 288.59 points, after touching a high of 15,488.06 and a low of 15,367.97, whereas the broad based Nifty gained 69.10 points at 4,598.60, after hitting a high of 4,616.00 and a low of 4,529.35.


Stock Markets Likely To Advance Today

Indian stock markets are likely to advance today on the back of declining crude Stock Markets Likely To Advance Todayprices.

Indian equities marked their closure positively on Monday (August 11) gaining more than 300 points towards the closing session.

Crude oil, which fell to $115.20 on Friday (August 8) because of strong rise in US dollar, helped to cheer the market outlook.

Realty and Banking witnessed heavy buying action, whereas selling was seen in IT and consumer durable sectors.

The Midcap and Smallcap index also traded positively all through the day gaining 1.63% and 1.25% respectively.


Yes Bank Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Yes Bank stock with an Yes Bank Intraday Buy Callintraday target of Rs 145.

According to them, interested traders can purchase the stock above Rs 143 with a strict stop loss of Rs 140. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 150.
 
Shares of the company, on Monday (Aug 11), closed at Rs 142.50 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3350978. The share price has seen a 52-week high of Rs 277.80 and a low of Rs 102 on BSE.


Chambal Fertilizers Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on Chambal Fertilizers & Chambal Fertilizers Intraday Buy CallChemicals stock with an intraday target of Rs 92.

According to Karvy, interested traders can purchase the stock between Rs 83-85 with a strict stop loss of Rs 80. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 94.
 


Sensex Closes Below 15000-Mark

The Bombay Stock Exchange sensitive index (Sensex) saw a down fall of 369 points which has encountered for the biggest fall in nearly three weeks as it closes below the psychological 15000 level o sustained selling pressure.

Wednesday trading saw a downfall of the 30-share index to 119 points. It further lost 368.94 points on Thursday and finally closed at 14724.18. Thus it really lowered and reached 14686.66.

On the other hand, a downfall in the National Stock Exchange index Nifty was also experienced when it fell by 90.35 points at 4430.70.

The worst performing stock among the Sensex club however was real estate major, DLF, which was pushed by 8.66%.


Satyam Computers Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Satyam Computers stock Satyam Computers Intraday Buy Callwith an intraday target of Rs 417.

According to them, interested traders can purchase the stock above Rs 413 with a strict stop loss of Rs 410. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 419.
 


HCL Tech Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on HCL Technologies stock HCL Tech Intraday Buy Callwith an intraday target of Rs 240.

According to them, interested traders can purchase the stock above Rs 236 with a strict stop loss of Rs 233. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 243.
 


Sensex Trades Firm

The 30-share index BSE Sensex, which opened with a loss of 43.04 points at Sensex Trades Firm14,681.14, continued to trade in the positive terrain on account of good buying action witnessed in index heavyweights.

Bankex and IT index outpaced other segments. The counters gained marginally 1.47% and 1.13% respectively.   

At 11:54 am, the 30-share index Sensex gained 60.09 points at 14,784.27, after touching a high of 14,824.92 and a low of 14,602.12.

Meanwhile the broad based Nifty stood at 4,430.45, up 0.25 points, after hitting a high of 4,447.40 and a low of 4,384.65.


Short Term Buy Call For CESC Ltd

Stock market analyst E Mathew has maintained ‘Buy’ rating on CESC Ltd stock with Short Term Buy Call For CESC Ltd a short term target of Rs 380.

According to Mr. Mathew, interested investors can purchase the stock on declines with a stop loss of Rs 339.

Mr. Mathew also said that the stock has been recommended after analyzing its last performances. Any decline in the stock price corresponding to the broad market can be used as a prospect to take fresh exposure.


Sell Hindalco Industries

Stock market analyst Rajat K Bose has suggested investors to sell Hindalco Sell Hindalco IndustriesIndustries stock as there are full chances of a downward trend in this stock.

The stock is trading weak after opening at Rs 128, against its last closure at Rs 129.65 on the Bombay Stock Exchange (BSE).

Stock analysts also suggested that if the stock fell below Rs 123, it may see more weakness. So the investors must sell the stock with a stop Loss above Rs 132.50 to achieve a target that lies between Rs 125 and Rs 122.


Satyam Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained Satyam Intraday Buy Call  ‘buy’ rating on Satyam Computers stock with an intraday target of 446.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 426 with a strict stop loss of Rs 414. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 451.


TCS Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained ‘buy’ rating on Tata Consultancy Services (TCS) stock with an intraday target of 885.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 852 with a strict stop loss of Rs 837. If the stock market remains on positive track, the next target will be above Rs 895.

Shares of the company, on Monday (Aug 14), closed at Rs 841.80 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 173723. Current EPS & P/E ratio stood at 47.40 and 17.76 respectively. The share price has seen a 52-week high of Rs 1151 and a low of Rs 719.10 on BSE.


RIL Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Industries RIL Intraday Buy CallLtd (RIL) stock with an intraday target of Rs 2265.

According to Karvy, day traders can purchase the stock above Rs 2220 with a strict stop loss of Rs 2200. The stock pricing becomes more attractive, and reach above Rs 2269, if the stock market remains on positive track.


Suzlon Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Suzlon Energy Ltd stock Suzlon Intraday Buy Callwith an intraday target of Rs 242.

According to them, interested traders can purchase the stock above Rs 238 with a strict stop loss of Rs 232. If the stock market remains on positive track, the next target will be above Rs 244.

Shares of the company, on Tuesday (Aug 19), closed at Rs 238.05 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 764940. Current EPS & P/E ratio stood at 8.45 and 28.17 respectively. The share price has seen a 52-week high of Rs 460 and a low of Rs 174.50 on BSE.


Sensex Gains 93.93 Pts; Realty, Banking Shine

The 30-share index BSE Sensex continued to trade in the positive terrain on the Sensex Gains 93.93 Pts; Realty, Banking Shine back of good buying action witnessed in pivotal stocks.

Realty, metal, power and banking stocks went up while FMCG and IT traded negatively.

BSE Midcap and Smallcap gained 0.95% & 0.82% respectively.

At 12:59 p.m, Sensex gained 93.93 points, or 0.65%, at 14,637.66, after touching a high of 14,703.57 and a low of 14,584.03.


L&T Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained ‘buy’ rating on Larsen & Toubro stock with an intraday target of Rs 2735.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 2715 with a strict stop loss of Rs 2695. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 2747.4.
 
Shares of the company, on Tuesday (Aug 19), closed at Rs 2674.45 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 340810. Current EPS & P/E ratio stood at 78.62 and 34.52 respectively. The share price has seen a 52-week high of Rs 4670 and a low of Rs 2100 on BSE.


Mundra Port Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com maintained ‘buy’ rating on Mundra Port and Special Economic Zone stock with an intraday target of Rs 597.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 584 with a strict stop loss of Rs 571. If the stock market remains on positive track, the next target will be above Rs 605.

Shares of the company, on Tuesday (Aug 19), closed at Rs 569.05 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 244141. The share price has seen a 52-week high of Rs 460 and a low of Rs 174.50 on BSE.


Tata Motors Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Tata Motors stock with an intraday target of Rs 435.

According to them, interested traders can purchase the stock above Rs 425 with a strict stop loss of Rs 420. If the stock market remains on positive track, the next target will be above Rs 440.

Shares of the company, on Wednesday (Aug 20), closed at Rs 424.05 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 43966. Current EPS & P/E ratio stood at 48.97 and 8.66 respectively. The share price has seen a 52-week high of Rs 840 and a low of Rs 374 on BSE.

According to a report, Tata Motors that is planning to make the world’s low-priced car, has decided to create an electric-drive version.


NSE To Start Live Trading In Currency Futures On Aug 29

The National Stock Exchange (NSE) of India has been allowed for trading in currency future by the Security and Exchange Board of India. It will be the first exchange in India to start currency trading. NSE future trading is expected to launch on Aug 29.

In currency future trading, some recognized stock exchanges are allowed to buy or sell one currency against another on a specified future data. The price for future trading is fixed by selling or purchase of data. Only the firm USD-INR is covered under currency futures trade in India by the approval of RBI.

The contract for future trading would be worth $1,000 with the validity period of a month. The entire deal would be traded in Indian rupees at the reference rate of RBI on the last trading day.  


India's Sensex falls nearly 3 per cent

New Delhi - India's benchmark Sensex index fell 2.96 per cent in trading Thursday on heavy selling by funds and investors.

The 30-share index lost 434.50 points to close the day's trading at 14,243.73 points. Almost all the sectoral indices were in the red.

Similarly, the broader S&P CNX Nifty of the National Stock Exchange was also down by 131.9 points to 4,283.85, a loss of 2.99 per cent.

Market analysts said selling pressure gathered momentum on fears that the country's inflation may rise further from the previous week's level of 12.44 per cent.

A weak global stock market also influenced the market sentiments, they said. (dpa)


Hotel Leela Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained Hotel Leela Intraday Buy Call‘buy’ rating on Hotel Leela Venture stock with an intraday target of 35.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 33 with a strict stop loss of Rs 32. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 36.
 


Sell NTPC

Stock market analyst Hitendra Vasudeo of stockmechanics.com has suggested investors to sell NTPC stock as there are full chances of a downward trend in this stock.

The stock is trading weak after opening at Rs 176, against its last closure at Rs 173.50 on the Bombay Stock Exchange (BSE).

Stock analysts also suggested that if the stock fell below Rs 167, it may see more weakness. So the investors must sell the stock below Rs 169 with a stop Loss of Rs 172 to achieve a target that lies between Rs 165 and Rs 163.

The stock also traded weak on Thursday. So, the investors should not hold the stock at the moment

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.


Sensex Recovers 158 Pts In Choppy Trade

Indian stock markets closed the week on a pleasant note on account of good Sensex Recovers 158 Pts In Choppy Tradebuying activity witnessed in metal, banking and FMCG stocks.

The 30-share index, BSE Sensex opened lower at 14,153.39, down 90.34 points, on Friday (August 22) mirroring worldwide signals and also due to rise in crude oil prices. In the noon trades, the BSE traded higher because of strong European markets.  

All sectoral indices marked their closures on a positive note led by BSE Metal, which gained 1.62%, BSE Bankex surged 1.18%, FMCG zoomed 1.09% and Oil & Gas climbed 1.05%.         


Stock Mkt Next Week To Be A Complete ‘Traders’ Market, Says Vishwas Agarwal

Indian stock markets closed the week on a positive note on Friday (August 22) after Stock Mkt Next Week To Be A Complete ‘Traders’ Market, Says Vishwas Agarwalmaking a gain of 157.76 points at 14,401.49 after touching an intra-day high of 14,428.52 and an intra-day low of 14,136.86.

In contrast, the broad-based NSE Nifty marked its closure at 4,327.45, up 43.60 points, after touching an intra-day high of 4,337.00 and an intra-day low of 4,248.00.


Sensex Sheds 322.69 Pts During The Week

Indian stocks broadened its losses during the week ended August 22, owing to Sensex Sheds 322.69 Pts During The Weekreappearing US mortgage crisis, exerting pressure on international markets for the week under review.

Global developments, including increase in crude oil prices, high inflationary numbers and sustained capital outflows from the Indian equity also contributed to the downbeat responses, turning the BSE Sensex under the psychological 15K-mark.


Sensex Below 14,350 May Plunge Upto 13,888 Level, Says Vishwas Agarwal

The 30-share index BSE Sensex ended slightly higher on Monday, Aug 25 after an early Sensex Below 14,350 May Plunge Upto 13,888 Level, Says Vishwas Agarwal   rally bolted out of steam, following a negative opening in European markets and as oil prices climbed up from a sharp fall.

Volume was light as capitalists were wary of foreign funds, which have been heavy sellers during the year (2008), while a decelerating domestic financial system and soaring interest rates gave some relief.


L&T Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on Larsen and Toubro Limited L&T Intraday Buy Call(L&T) stock with an intraday target of Rs 2660.

According to Karvy, interested traders can purchase the stock above Rs 2615 with a strict stop loss of Rs 2590. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 2667.
 


Satyam Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Satyam Computers stock with an Satyam Intraday Buy Callintraday target of 400.

According to them, interested traders can purchase the stock above Rs 394 with a strict stop loss of Rs 390. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 404.
 


Market Trades Flat

After opening with a loss of 112.08 points at 14,338.27, BSE Sensex seemed to be on a Market Trades Flatrecovery note.

IT, auto and banking stocks remained major gainers, while realty, oil & gas saw heavy selling action.

The 30-share index, BSE Sensex opened with a loss of 112.08 points at 14,338.27 on Tuesday.

At 12.58 p.m., the 30-share index Sensex stood at 14,417.14, down 17.37 points, after touching a high of 14,440.06 and a low of 14,286.38. In the meantime, the broad based Nifty lost 17.4 points at 4,317.95.


Sensex Closes Up 31.87 Pts At 14,482.22

The 30-share index BSE Sensex ended positively on Tuesday, Aug 26 on account of good  Sensex Closes Up 31.87 Pts At 14,482.22 buying action witnessed ino and banking stocks, whereas oil & gas stocks restricted the gains.

After starting the day on a pessimistic note at 14,338.27, down 112.08 points, the stock index made a smart recovery during late trade.

Asian stocks saw negative trend on Tuesday, led by financial companies on fear that expanding credit-market losses will swipe off business development and income.  

BSE Midcap index gained 0.06%, whilst Smallcap index fell 0.14%.


ONGC Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on ONGC stock with an intraday ONGC Intraday Buy Calltarget of Rs 1030.

According to them, interested traders can purchase the stock above Rs 1020 with a strict stop loss of Rs 1010. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1035.


SAIL Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on SAIL stock with an intraday target SAIL Intraday Buy Callof Rs 158.

According to them, interested traders can purchase the stock above Rs 152 with a strict stop loss of Rs 148. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 160.
 
Shares of the company, on Tuesday (Aug 26), closed at Rs 150.15 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1191503. Current EPS & P/E ratio stood at 18.99 and 8.02 respectively. The share price has seen a 52-week high of Rs 292.50 and a low of Rs 117.55 on BSE.


Market Continues To Trade Lower

Market Continues To Trade LowerThe Sensex continued to trade in the negative terrain due to heavy selling action witnessed in realty, banking and power stocks, while IT, metal and auto stocks went up.

Today, the 30-share index, BSE Sensex opened negatively at 14,563.10, down 80.88 points.

BSE Midcap fell 0.06%, whereas Smallcap surged 0.03%.

At 12.59 p.m., the 30-share index Sensex stood at 14,427.07, down 55.15 points, after touching a high of 14,563.10 and a low of 14,397.27.

In contrast, the broad based Nifty lost 3.95 points at 4,333.55, after hitting a high of 4,364.25 and a low of 4,315.55.


Sensex Ends Lower On Profit Booking

Indian equities closed on a negative note on Thursday, Aug 28 because of intense selling Sensex Ends Lower On Profit Bookingpressure witnessed across capital goods and oil & gas stocks on August series F&O expiry day.

In the meantime, some profit booking was also seen in heavyweights including RIL, RComm, Hindalco and increasing crude oil rates in global market also weighed down the reaction of the stock market.

After starting the day on a pessimistic note at 14,289.97, down 6.82 points, the stock index remained weak during the whole day.


Trading Action Possible Above 14,150 Level On BSE, Says Vishwas Agarwal

Technical analyst Vishwas Agarwal stated that some trading action is possible, on Friday Trading Action Possible Above 14,150 Level On BSE, Says Vishwas Agarwal (August 29), on the Bombay Stock Exchange (BSE) above the 14,150 level, as inflation numbers for the week ended Aug 16, 2008, came below hope in a surprising manner.

He also said that the upbeat mood in the international markets will help some recovery of the stock markets.


Reliance Capital Intraday Buy Call

Stock market analyst E. Mathew has maintained ‘buy’ rating on Reliance Capital stock with an intraday target of 1312.

According to Mr. Mathew, interested traders can purchase the stock on declines near Rs 1264-1252 with a strict stop loss of Rs 1231. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1319.
 
Shares of the company, on Thursday (Aug 28), closed at Rs 1284.55 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1946750. Current EPS & P/E ratio stood at 42.74 and 31.22 respectively. The share price has seen a 52-week high of Rs 2925 and a low of Rs 822.50 on BSE.


Tata Steel Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Tata Steel stock with an intraday Tata Steel Intraday Buy Calltarget of Rs 595.

According to them, interested traders can purchase the stock above Rs 580 with a strict stop loss of Rs 570. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 600.
 


Bulls In Action; Sensex Zooms 465.58 Pts

The 30-share index, BSE Sensex was trading in a powerful manner since morning as Bulls In Action; Sensex Zooms 465.58 Ptsheavy buying action was witnessed across banking, real estate, capital goods, power, metal and IT stocks.

BSE Midcap and Smallcap index gained 1.96% & 1.44% respectively.

The BSE Sensex today (August 29) opened with a gain of 230.68 points at 14,279.02.

At present (12:54 pm), the 30-share index Sensex stood at 14,513.92, up 465.58 points, after hitting a high of 14,549.57 and a low of 14,279.02.


ICICI Bank Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on ICICI Bank with an intraday ICICI Bank Intraday Buy Calltarget of 650.

According to them, interested traders can purchase the stock above Rs 635 with a strict stop loss of Rs 630. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 660.
 


Currency Futures Trade To Go Live Today On NSE

A top NSE official reported recently, “More than 300 members will be eligible to participate in currency futures trading on the National Stock Exchange of India on Friday, when the facility gets flagged off by the Union Finance Minister, Mr P. Chidambaram.”

The NSE, which is aiming at encouraging more participation in Currency Derivatives segment, has decided that no transaction charges will be charged on the trades done in this segment on the exchange from 29th August till 30th September.

The NSE circular however informed, “Every trading member participating in currency derivatives during the above period shall be required to make a lump-sum contribution of Rs 500 towards an Investor Protection Fund.”


Market Ends Week On A Cheerful Note

Indian equities closed on a positive note on Friday, Aug 29 on account of decline in Market Ends Week On A Cheerful Noteinflation numbers and encouraging signs from US and Asian markets, which backed up the market despite reduction in Q1 GDP growth.

Midcap and smallcap stocks also supported the sharp run.  

After opening the day at 14,279.02 with a gain of 230.68 points, the 30-share index, BSE Sensex remained strong all-through the day.


Sensex Gains 163 Pts During The Week

Indian equities canceled all its previous losses and profited more than 163 points in the week ended August 29, on the back of lower inflation figures and moderate Sensex Gains 163 Pts During The Week decline in India’s growth that led to the positive outlook.

The market opened the week positively but it slipped during the mid-week on global fears but the decline in inflation rate assisted stock markets to recover lost points.

The sectoral picture showed that major gainers during the week included Bankex (5.31%) followed by IT (3.37%), Realty (1.02%) and Power (0.23%).


Stock Markets May See Higher Levels Next Week, Says P K Agarwal

Indian equities erased all its previous losses and closed the week positively on Friday, August 29 because of decline in weekly inflationary figures and Stock Markets May See Higher Levels Next Week, Says P K Agarwalencouraging signals from US and Asian markets that supported the market despite reduction in Q1 GDP growth.

Midcap and smallcap stocks also backed the sharp run. 

The BSE Sensex ended at 14,564.53, up 516.19 points, while the broad-based NSE Nifty surged 146.00 points to end at 4,360.00.


Next 5-10 Trading Sessions May Decide Market Trend, Says Vishwas Agarwal

After opening the day on subdued note on Monday (Sep 01) following the Next 5-10 Trading Sessions May Decide Market Trend, Says Vishwas Agarwal  overseas markets, after oil inched higher on worries of Hurricane ‘Gustav’, Indian equities maintained themselves to end the day on a flat note on account of smart recovery made by Sensex during the last trade supported by banking, FMCG and oil & gas stocks, while metal and consumer durable stocks went down.

Asian stocks performed negatively, led by auto manufacturers and technology companies on fear earnings will go down because of global slowdown.


Cairn India Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on Cairn India stock with Cairn India Intraday Buy Call an intraday target of Rs 252.

According to Karvy, interested traders can purchase the stock between Rs 242-244 with a strict stop loss of Rs 240. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 255.
 
Shares of the company, on Monday (Sep 01), closed at Rs 248.05 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 706439. The share price has seen a 52-week high of Rs 342.50 and a low of Rs 136 on BSE.


HCL Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on HCL stock with an intraday HCL Intraday Buy Calltarget 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.


ICICI Bank Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with ICICI Bank Buy Call 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.
 


Sensex Crosses 15K Mark, Zooms 565 Pts

The 30-share index, BSE Sensex, which continued to trade strong since morning, has Sensex Crosses 15K Mark; Zooms 565 Ptscrossed 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.


Stock Market In Safety Zone With BSE Above 14,786 Level, Says Vishwas Agarwal

Stock market analyst Vishwas Agarwal said that the stock market is in safety zone above Stock Market In Safety Zone With BSE Above 14,786 Level, Says Vishwas Agarwal14,786 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.


RIL Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries Limited RIL Intraday Buy Call(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.
 


Sensex Plunges 146.73 Pts; Realty Down 3%

After opening with a loss of 154.01 points at 14,895.85, the benchmark index Sensex Sensex Plunges 146.73 Pts; Realty Down 3%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.


Short Term Buy Call For Orbit Corporation

Stock market analyst Ashwani Gujral has maintained ‘buy’ rating on Orbit Corporation Short Term Buy Call For Orbit Corporation Limited stock with a short term of Rs 380 in 3-4 weeks.

According to Mr. Gujral, interested investors can purchase the stock above Rs 280 with a strict stop loss of Rs 250. If the stock market remains positive in the coming days, the stock pricing becomes more attractive, and reach above Rs 425 within the said time period.


HDIL Short Term Buy Call

Technical analyst Ashwani Gujral has maintained ‘buy’ rating on Housing Development HDIL Short Term Buy Call and Infrastructure Limited (HDIL) stock with a short term target of Rs 415.

According to him, interested investors can purchase the stock above Rs 308 with a strict stop loss of Rs 275.

Today (Sep 04), the company’s shares opened at Rs 323.90 on the Bombay Stock Exchange (BSE), as against its last closure at Rs 325.85 on Monday (Sep 02). Current EPS & P/E ratio stood at 55.38 and 5.62 respectively. The share price has seen a 52-week high of Rs 1116.96 and a low of Rs 254.67 on BSE.


Short Term Buy Call For Alstom Projects

Technical analyst E Mathew has suggested investors to purchase Alstom Projects India Short Term Buy Call For Alstom ProjectsLtd (APIL) stock on declines in order to achieve a short-tern target of Rs 430.

The investors can achieve the target within a period of 3-4 weeks, and the strict stop loss for the suggested counter should be Rs 376.


Stock Markets End Weak Ahead Of Inflation Data

Indian equities marked their closure on a lower note on Thursday (Sep o4) ahead of Stock Markets End Weak Ahead Of Inflation Datainflation figures and the result of the crucial Nuclear Suppliers Group meeting.

Heavy selling activity was seen across realty, oil & gas, metal and FMCG stocks, whilst IT and auto stocks went up.

The Sensex closed the day after losing 150.76 points at 14,899.10. It also touched an intra-day high of 14,994.15 and an intra-day low of 14,766.01.


ONGC Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on ONGC stock with an intraday ONGC Intraday Buy Calltarget of Rs 1080.

According to Karvy, interested traders can purchase the stock between Rs 1030-1040 with a strict stop loss of Rs 1010. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1087.


Declining Crude & Inflationary Data To Impart Positive Cues To Stock Mkt, Says Vishwas Agarwal

The benchmark index, BSE Sensex, opened negatively on Friday (Sep 05) at 14,569.01 Declining Crude & Inflationary Data To Impart Positive Cues To Stock Mkt, Says Vishwas Agarwalafter losing 330 points triggered by worldwide indications and lower oil.

For the week ended on August 23, inflationary data declined for the second time in a row to 12.34%, as compared to 12.40% during the previous week because of fall in the prices of primary goods.


Sensex Ends Strong; ICICI Bank Zooms 4.89%

Indian equities gained on a positive note on Monday (Sep 08) after shedding some of its Sensex Ends Strong; ICICI Bank Zooms 4.89%gains during the late trade.

The bulls were back in action and recovered 15,000 mark again. Heavy buying action was witnessed in midcap and smallcap stocks.

The BSE barometer, which lost 415.27 points during the previous trading session (Friday, Sep 05), opened with a gain of 494.41 points, at 14,978.24 on Monday getting Nuclear Suppliers’ Group (NSG) waiver on nuclear energy for civilian purpose from the US.


Stock Mkt In Safety Zone With BSE Above 14,786 Level, Says Vishwas Agarwal

Indian stock markets are likely to remain range bound in today’s trading session.
Stock Mkt In Safety Zone With BSE Above 14,786 Level, Says Vishwas Agarwal
After opening with a gain of 494.41 points, at 14,978.24 on Monday (Sep 08), the market traded in a range bound manner all through the day.

At last, the BSE Sensex ended the day at 14,944.97, up 461.14 points, after hitting a high of 15,107.01 and a low of 14,917.06. The broad-based NSE Nifty gained 130 points at 4,482.30 after touching a high of 4,558 and a low of 4,358.30.


Balrampur Chini Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Balrampur Chini Mills stock with Balrampur Chini Intraday Buy Callan intraday target of Rs 96.

According to them, interested traders can purchase the stock above Rs 92 with a strict stop loss of Rs 90. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 98.


Suzlon Energy Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Suzlon Energy stock with an Suzlon Energy Intraday Buy Callintraday target of Rs 239.

According to them, interested traders can purchase the stock above Rs 235 with a strict stop loss of Rs 232. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 242.
 


Stock Market May Lack Direction For Next 1-2 Sessions, Says Vishwas Agarwal

Taking signs from weak Asian markets, the BSE Sensex opened with a negative gap of Stock Market May Lack Direction For Next 1-2 Sessions, Says Vishwas Agarwalaround 100 points at 14,852.20 on Tuesday (Sep 09).

The BSE, which plunged to 14,714.92 during the day, marked its closure at 14,900.76 after losing 44.21 points. It also touched an intra-day high of 14,998.32.

The Nifty, which touched an intra-day high of 4497.50 and an intra-day low of 4418.95, ended the day at 4468.70, down 13.60 points.


Sell Sterlite Industries

Stock market analyst Rajat K Bose has suggested investors to sell Sterlite Industries Sell Sterlite Industriesstock as there are full chances of a downward trend in this stock.

The stock is trading weak after opening at Rs 559.70, against its last closure at Rs 575.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 15.64 and 34.68 respectively. The share price has seen a 52-week high of Rs 1140 and a low of Rs 549.90 on BSE.


BEML Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Bharat Earth Movers Limited BEML Intraday Buy Call(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.
 


Sensex In Negative Zone; Sterlite Ind Slips 10.34%

The 30-share index BSE Sensex continued to trade weak on account of sustained selling Sensex In Negative Zone, Sterlite Ind Slips 10.34% 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.


Sensex Ends 238.15 Pts Down At 14,662.61

Indian equities, on Wednesday (Sep 10), marked their closure on a negative note on the Sensex Ends 183.23 Pts Down At 14,717.53back 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.


Next 4-5 Days Crucial For Stock Mkt Below 14,786 Level, Says Vishwas Agarwal

Indian equities continued their negative journey on Wednesday (Sep 10), as discouraging Next 4-5 Days Crucial For Stock Mkt Below 14,786 Level, Says Vishwas Agarwalnews 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.


Cairn India Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Cairn India Limited (CIL) stock Cairn India Intraday Buy Callwith 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.


Tata Steel Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Tata Steel stock with an intraday Tata Steel Intraday Buy Calltarget 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.
 


Sensex Dips Further

The benchmark index Sensex declined further into the depressing zone as credit fears mounted in the Asian markets. Realty, oil & gas and power stocks witnessed heavy selling action.

Midcap and Smallcap index declined 0.70% and 0.51% respectively.

Today, the 30-share index, BSE Sensex opened at 14,557.33 after losing 105.28 points, as against its last closure at 14,662.61.

At 11.14 a.m., the 30-share index Sensex stood at 14,452.17, down 210.44 points, after hitting a high of 14,557.33 and a low of 14,452.17.

In the meantime, the broad based Nifty lost 79.70 points at 4,320.55, after touching a high of 4,399.30 and a low of 4,319.20. (11.14 a.m.)


Upside Not Likely Until RIL & Banking Stocks Recover, Says Vishwas Agarwal

After opening with a gain of 107.79 points at 14,432.08, the 30-share index, BSE Sensex Upside Not Likely Until RIL & Banking Stocks Recover, Says Vishwas Agarwalwent down on account of heavy selling action witnessed in IT, real estate and banking stocks.

BSE Midcap and Smallcap lost 0.73% and 0.41% respectively.

On Thursday (Sep 11), the Sensex marked its closure after losing 338.32 points, whereas the NSE Nifty fell by 109.95 points.


Sensex Sheds 744.35 Pts; Reliance Infra Down Over 11%

The mood was extremely bearish on Indian stock exchanges in today’s session. Heavy selling action was witnessed across midcap and smallcap sectors. Both fell over 5% each.

Today, the 30-share index, BSE Sensex opened at 13,666.28, down 334.53 points, as against its last closure at 14,000.81, down 483.02 points, on Friday (Sep 12).

All stocks have been hammered since morning. Realty sector, which plunged more than 7%, was among the worst hit. On the other hand, IT, power and banking stocks plunged 7.29%, 6.85% and 6.15% respectively.

At 12.05 p.m., the 30-share index Sensex stood at 13,256.46, down 744.35 points, after hitting a high of 13,666.28 and a low of 13,150.81.


IT Stocks Turn Bearish, Pull Sensex Down To 14,000

Friday saw the Sensex falling more than 2% mainly due to decline of IT stocks. The fall is surprising, considering the rupee is depreciating against the dollar.

When the rupee weakened and closed at 45.72 to the dollar, BSE IT became the biggest index loser on Friday as it saw a fall of 4.60 per cent.

Mr Gaurav Dua, Head of Research, Sharekhan Ltd, reported, “It is the rupee’s recent appreciation against the euro and the pound which will have a negative impact on the Indian GAAP numbers of IT companies. To make matters worse, the US dollar has been appreciating against the euro and the pound, and when revenues billed in these currencies are consolidated under US GAAP, they will show a dip.”


Sensex Extends Losses; IT Up 2%

The Sensex continued its negative journey in today’s session (Sep 17) because of heavy Sensex Extends Losses; IT Up 2%selling activity seen across FMCG, metal and banking stocks, while selective buying action was witnessed in IT, auto and real estate segments.

Today, the 30-share index, BSE Sensex opened at 13,620.74, up 101.94 points, as against its last closure at 13,518.80, down 12.47 points on Tuesday (Sep 16).

At 11:04 a.m., the BSE Sensex stood at 13,386.26, down 132.54 points, after hitting a high of 13,620.74 and a low of 13,329.98.


Stock Mkts May See More Weakness In Coming Days, Says Vishwas Agarwal

Stock market analyst, Vishwas Agarwal stated that on the Bombay Stock Exchange Markets May See More Weakness In Coming Days, Says Vishwas Agarwal(BSE) above 13,350, some trading upmoves up to 13,876 level, will be expected only on positive news from Fed meet in US.

If any encouraging news will emerge of this meeting, investors can expect short covering to happen after 2,000 points drop, but this relief recovery cannot be considered as a come back of bull trend, it’s just a relief recovery.


Infosys Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Infosys stock with an intraday Infosys Intraday Buy Calltarget of 1585.

According to them, interested traders can purchase the stock above Rs 1565 with a strict stop loss of Rs 1525. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1590.
 


Markets Trade Weak

The 30-share index, BSE Sensex continued to trade pessimistically as intense selling pressure was seen in banking realty, FMCG and metal stocks, whereas auto stock managed to trade in the positive terrain.

Midcap and Smallcap index fell 1.29% and 0.81% respectively.

At 2.54 p.m., Sensex lost 221.15 points or 1.64% at 13,297.65. It also touched a high of 13,620.74 and a low of 13,127.96.

In contrast, the broad based Nifty stood at 4,016.65, down 58.25 points. It also touched a high of 4,116.70 and a low of 3,974.60.

The overall market breadth was negative as it saw 928 advancements as against 1,644 declinations.


Sell Unitech

Stock market analysts have suggested investors to sell Unitech stock as there are Sell Unitechfull chances of a downward trend in this stock.

Today, the stock opened weak at Rs 122, against its last closure at Rs 127.75 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 6.06 and 19.64 respectively. The share price has seen a 52-week high of Rs 546.80 and a low of Rs 126 on BSE.

Stock analysts also suggested that if the stock fell below Rs 113, it may see more weakness. So the investors must sell the stock with a stop loss above Rs 126 to achieve a target that lies between Rs 118 and Rs 115.


Sensex Dips Below 13K Level; Nifty Down By 151.20 Pts

After opening with a loss of 550.08 points at 12,712.82, the 30-share index, BSE Sensex Dips Below 13K Level; Nifty Down By 151.20 PtsSensex continued its downward trend in today’s session (Sep 18).

At 11:06 a.m., Sensex lost 578.71 points at 12,684.19, after hitting a high of 12,712.82 and a low of 12,558.14.

On the other hand, the broad based Nifty stood at 3,853.05, down 151.20 points, after touching a high of 4,005.25 and a low of 3,799.55.

BSE Midcap and Smallcap were trading down 4.81% and 5.01% respectively.


13,786 Level Is Crucial For Further Increase, Says Vishwas Agarwal

The 30-share index, BSE Sensex ended with marginal gains on Thursday (Sep 18) BSE Sensexafter Finance Minister P Chidambaram declared that the Indian banking industry was unaffected by the US crisis. 

After losing 550 points in the beginning, bulls took charge during the second half as worldwide markets regained after central banks across the world joined hands to defend against a credit crunch and injected funds into the economy. 

Finally, the Sensex ended the day at 13,315.60, up 53 points, whereas the wider Nifty of the National Stock Exchange closed at 4038 points, up by 0.75 per cent. 


ICICI Bank Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on ICICI Bank stock with an ICICI Bankintraday target of Rs 588. 

According to them, interested traders can purchase the stock above Rs 576 with a strict stop loss of Rs 557. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 602. 
 
Shares of the company, on Thursday (Sep 18), closed at Rs 575.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 4581171. Current EPS & P/E ratio stood at 36.93 and 16.06 respectively. The share price has seen a 52-week high of Rs 1465 and a low of Rs 515.10 on BSE. 


Reliance Capital Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Reliance Capital stock with an intraday target of Rs 1145. 

According to them, interested traders can purchase the stock above Rs 1126 with a strict stop loss of Rs 1095. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1178. 
 
Shares of the company, on Thursday (Sep 18), closed at Rs 1123.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 4219379. Current EPS & P/E ratio stood at 42.74 and 27.65 respectively. The share price has seen a 52-week high of Rs 2925 and a low of Rs 822.50 on BSE. 


Sensex Gains 608.14 Pts; Eyes 14K Mark

The 30-share index BSE Sensex, which opened with a gain of 448.23 points, at Sensex Gains 608.14 Pts; Eyes 14K Mark13,763.83 today, has moved further up north on account of heavy buying action witnessed across realty, IT, banking, oil & gas and power stocks. 

Midcap and Smallcap index gained more than 2% each. 

Among the sectoral indices, Realty was the major gainer, which climbed 7.45% followed by IT (6%), Bankex (5.14%), Oil & Gas (3.73%) and Power (3.41%).  

At 12.54 p.m., Sensex gained 608.14 points at 13,923.74. It also hit a high of 13,960.58 and a low of 13,674.96. 


Markets Bullish, Sensex Crosses 14K Level

The Sensex, which continued to trade in the positive terrain since morning, has Markets Bullish, Sensex Crosses 14K Levelcrossed the mark of 14,000 on the back of sustained buying action witnessed in Realty, IT, power, oil & gas, banking and metal stocks. 

Midcap and smallcap index surged more than 2% each.

The 30-share index, BSE Sensex, which gained 448.23 points during the opening time, ended positively on Thursday (Sep 18) after making a gain of 52.70 points, while the NSE Nifty climbed by 29.90 points. 


Sensex Gains 726.72 Pts At 14,042.32

The 30-share index, BSE Sensex ended the week on a cheerful note on Friday (Sep 19). It crossed the 14,000 mark on the back of sustained buying interest witnessed across the board. 

Realty, IT, power and banking stocks led the rally. Midcap and smallcap stocks also rose all through the day. 

The bulls showed their intent during the second half after the finance minister P Chidambaram stated that Indian banking institutions were greatly insulated from the outcomes of global turmoil and that there was no cause for any alarm.

The wholesale price index (inflation) that climbed up to 12.14 percent, as compared to 12.10 percent during the last week, failed to depress the market reaction.


Two Events Will Help Stock Mkt Remain Strong During Next Week, Says Vishwas Agarwal

The domestic benchmark indices surged over 5% on Friday (Sep 19) as foreign Two Events Will Help Stock Mkt Remain Strong During Next Week, Says Vishwas Agarwalinstitutional investors (FIIS) turned net buyers after a week of huge selling pressure, tracking reaction in the worldwide markets that saw a complete turnaround from the previous day.

Brokers said that the majority of buying was seen in the index stocks.

The BSE Sensex, which opened positively at 13,763.83, up 448.23 points, on encouraging global cues, remained strong all through the day.


Sensex Gains 41.51 Pts During The Week

The sell-off in the worldwide financial services stocks with disastrous impact on the Sensex Gains 41.51 Pts During The Week market, following the crises at Lehman Brothers and Merrill Lynch shook the Indian bourses too during the week resulting in the benchmark Sensex to fall down. 
 
Lots of stocks hit their lows because of the sharp fall. Around 250 companies hit their 52-week lows on the National Stock Exchange (NSE).


TCS Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Tata Consultancy Services TCS Intraday Buy Call(TCS) stock with an intraday target of Rs 776. 

According to them, interested traders can purchase the stock above Rs 765 with a strict stop loss of Rs 750. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 790. 
 


Sell Reliance Communications

Stock market analysts have suggested investors to sell Reliance Communications Sell Reliance CommunicationsLimited (RCom) stock as there are full chances of a downward trend in this stock.

Today, the stock opened weak at Rs 365, against its last closure at Rs 369.35 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 10.16 and 35.94 respectively. The share price has seen a 52-week high of Rs 844 and a low of Rs 325 on BSE. 


Sensex Opens Lower On Global Worries, Increasing Oil Prices

Indian stocks opened on a lower note today (Sep 23) because of weak worldwide Sensex Opens Weak On Global Worries, Increasing Oil Pricesmarkets as fears on the long-term implications of the USD 700 billion bailout plan troubled capitalists. 

In the previous day session, the Sensex, which plunged to a low of 13,917.48, marked its closure at 13,994.96, down 47.36 points, while the NSE Nifty ended at 4223.05 with a loss of 22.20 points. The Nifty also touched an intra-day high of 4303.25 and an intr-day low of 4202.40.


Sensex Opens Lower On Global Worries, Increasing Oil Prices

Indian stocks opened on a lower note today (Sep 23) because of weak worldwide Sensex Opens Weak On Global Worries, Increasing Oil Pricesmarkets as fears on the long-term implications of the USD 700 billion bailout plan troubled capitalists. 

In the previous day session, the Sensex, which plunged to a low of 13,917.48, marked its closure at 13,994.96, down 47.36 points, while the NSE Nifty ended at 4223.05 with a loss of 22.20 points. The Nifty also touched an intra-day high of 4303.25 and an intr-day low of 4202.40.


Stock Mkt Is Set To Give Good Opportunities In The Coming Days, Says Vishwas Agarwal

The Sensex continued to trade in the negative terrain on account of profit booking kt Is Set To Give Good Opportunities In The Coming Days, Says Vishwas Agarwal witnessed in frontline stocks such as real estate, banking and IT.

However, oil & gas stocks went up.

At 11.54 a.m., the 30-share index Sensex was trading down 104.28 points at 13,890.68. It also hit an intra-day high of 13,978.26 and an intra-day low of 13,721.42. 


Sell State Bank of India

Karvy Stock Broking Limited has maintained ‘sell’ rating on State Bank of India Sell State Bank of India(SBI) stock with an intraday target of Rs 1500. 

According to Karvy, interested traders can sell the stock between Rs 1560-1565 with a strict stop loss of Rs 1590. 
 
Karvy feels that SBIN stock would remain under pressure due to recent market volatility. 

Today, the stock opened weak at Rs 1550, against its last closure at Rs 1566.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 109.38 and 13.87 respectively. The share price has seen a 52-week high of Rs 2387.60 and a low of Rs 1007 on BSE. 


Sensex Plunges 425 Pts On Weak Global Cues

The 30-share index BSE Sensex lost more than 400 points on Tuesday (Sep 23) Sensex Plunges 425 Pts On Weak Global Cueson worries over the long-term implications of the $700 billion bailout plan to fix the financial market turmoil. 

Moreover, rising crude oil prices also dampened the overall market reaction.

Heavy selling action was seen across the board. IT, realty, metal, banking and power stocks led the declines.

Both Midcap and Smallcap index lost 2.06% and 1.63% respectively. 


NTPC Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on NTPC stock with an NTPC Intraday Buy Callintraday target of Rs 189. 

According to Karvy, interested traders can purchase the stock between Rs 180-181 with a strict stop loss of Rs 177. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 191. 
 


Stock Mkt To Be Volatile For Next 5-10 Sessions, Says Vishwas Agarwal

The 30-share index, BSE Sensex, today (Sep 24), opened with a gain of 60.23 Stock Mkt To Be Volatile For Next 5-10 Sessions, Says Vishwas Agarwalpoints at 13,630.54. Real estate, banking and power segments edged higher during the early trades.

In the previous day session, the Sensex closed 424.65 points down at 13,570.31, while the NSE Nifty dropped 96.15 points at 4,126.90.


Reliance Industries Suffered Share Decline

The shares of Reliance Industries Ltd witnessed a decline of 0.72 percent on the BSE. Reliance Industries Suffered Share DeclineThe shares closed at Rs 2,037. The company failed to excite the market by announcing production of gas the KG-D6 block. 

The company has announced to start production from D6 basin in January. RIL Chairman, Mukesh Ambani has also announced that the company would raise oil output to 550,000 barrels a day in six to eight quarters. However, the government has forecasted that the production would begin by November.


Ranbaxy Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Ranbaxy Laboratories Ranbaxy Intraday Buy Callstock with an intraday target of Rs 312. 

According to them, interested traders can purchase the stock above Rs 308 with a strict stop loss of Rs 300. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 315. 
 


RCom Intraday Buy Call

Stock market analysts have suggested short-selling in Reliance Communications RCom Intraday Buy CallLtd (RCom) stock. 

Shares of the company, on Wednesday (Sep 24), closed at Rs 370.35 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 2183918. Current EPS & P/E ratio stood at 10.16 and 35.86 respectively. The share price has seen a 52-week high of Rs 844 and a low of Rs 325 on BSE. 

Due to the recent stock market position, interested traders are recommended to sell the stock around Rs 372. After selling the stock at the said price, traders can buy it around Rs 365 to make intraday gain.


Stock Mkt To Offer Good Opportunities In Next 4-Mths, Says Vishwas Agarwal

Indian equities, today (Sep 25), opened positively and soon slipped into the Stock Mkt To Offer Good Opportunities In Next 4-Mths, Says Vishwas Agarwalnegative zone. After trading negatively for few minutes, the index bounced back into positive and again fell into the negative to trade on a flat note. 

The stock index is presently trading in a volatile manner prior to September series F&O expiry. Moreover, the question regarding the fate of the US financial sector bailout plan will carry on disturbing the market reaction.


N-deal & US Bailout Package Will Give Strength To Stock Mkt, Says Vishwas Agarwal

Indian stock markets opened on a dull note today (Sep 26), and continued to slip N-deal & US Bailout Package Will Give Strength To Stock Mkt, Says Vishwas Agarwal further because of massive selling by funds, sparked by failing trends in other Asian markets.

For the week ended September 13, the wholesale price index (WPI)-based inflation remained unchanged at 12.14%. However, inflationary figures during the same period of the last year were significantly lower at 3.51%.


Sell TCS

Stock market analysts have suggested investors to ‘sell’ Tata Consultancy Sell TCSServices (TCS) stock with an intraday target of Rs 665.

According to then, interested traders can sell the stock between Rs 680-681 with a strict stop loss of Rs 695. 
 
Analysts feel that TCS stock would remain under pressure due to recent market volatility. 

Today (Sep 26), the stock opened weak at Rs 685, against its last closure at Rs 690.20 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 47.40 and 14.13 respectively. The share price has seen a 52-week high of Rs 2387.60 and a low of Rs 1007 on BSE. 


Reliance Power Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Reliance Power Limited Reliance Power Intraday Buy Call(RPL) stock with an intraday target of Rs 168. 

According to them, interested traders can purchase the stock above Rs 166 with a strict stop loss of Rs 164. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 170. 
 
Shares of the company, on Thursday (Sep 25), closed at Rs 164.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3306271. The share price has seen a 52-week high of Rs 377.94 and a low of Rs 116.30 on BSE. 


Sensex Loses 275.46 Pts; Ranbaxy Down Over 5%

After opening on a weak note, the 30-share index Sensex continued its losing Sensex Loses 275.46 Pts; Ranbaxy Down Over 5%streak on the back of sustained selling action witnessed in realty, metal, banking and power stocks.

However, FMCG segment went up. 

Midcap and Smallcap index dropped 1.43% and 1.10% respectively.

Realty, banks and metals were hammered after the US Congress failed to come out with a decision on the USD 700 billion plan to bail-out its financial sector.


Sensex Plummets 445 Pts; Nifty Closes Below 4000

Indian equities dropped on yesterday (Sep 26) on account of weak Asian markets Sensex Plummets 445 Pts; Nifty Closes Below 4000 as US Congress failed to come out with a conclusion on the $700 billion plan to bail-out its financial segment.

Realty, metal, banking and power stocks recorded huge losses. Each sector plummeted 4-6%. 

Midcap and Smallcap index shed 2.99% and 3.11% respectively.

The 30-share index, BSE Sensex (on Friday) opened negatively at 13,481.85, down 65.33 points, whereas the NSE Nifty opened at 4108.75. 


Sensex Loses 940 Points During The Week

The 30-share index, BSE Sensex lost 940 points during the week ended Sep 26, Sensex Loses 940 Points During The Weekon depressing reactions including delay in US bailout plan, closing of America’s second biggest banking institution caused a global meltdown. 

Moreover, the continuing credit crisis was another reason that pulled the Sensex down.

Inflation remained unaltered at 12.14% for the week ended September 13 even as the Finance Ministry said prices of essential items like cereals, pulses, sugar and edible oils went down on a weekly basis


Sell State Bank of India

Karvy Stock Broking Limited has maintained ‘sell’ rating on State Bank of India Sell State Bank of India(SBI) stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock between Rs 1375-1380 with a strict stop loss of Rs 1400 to achieve an intraday target that lies between Rs 1300-1310. 
  
Karvy feels that SBI stock would remain under high pressure due to existing market condition. 


Stock Mkts In Risky Zone, Says Vishwas Agarwal

After opening negatively at 12,178.17, down 417.57 points, the 30-share index  Stock Mkts In Risky Zone, Says Vishwas Agarwal BSE Sensex fell further to a two-year low of 12,153 on all-round selling by funds following refusal of the $700-billion plan by US House of Representatives.

In contrast, the National Stock Exchange (NSE) index Nifty lost 135 points at 3715 with all the heavy-weight stocks trading in negative zone.


Stock Mkts May Remain Unstable In View Of Short Week, Says P.K. Agarwal

Alex Mathew, head - research centre, Geojit Financial Services, said that the stock Stock Mkts May Remain Unstable In View Of Short Week, Says P.K. Agarwalmarket, on Tuesday (Sep 30), recovered a lot from its lows on reports from the Finance Ministry that state run banking institutions do not have risky exposure, and the fundamentals of Indian economic system are really strong. 

Mr. Mathew said, “It is very interesting to note that US Chicago Board Options Exchange’s volatility Index has increased by 39% to 48.4% and finally closed at 46.7% yesterday.”


Sell SAIL

Karvy Stock Broking Limited has maintained ‘sell’ rating on Steel Authority Of Sell SAILIndia Limited (SAIL) stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock between Rs 129-130 with a strict stop loss of Rs 132 to achieve an intraday target that lies between Rs 120-122. 
  
Karvy feels that SAIL stock would remain under high pressure due to existing market condition. 


Sensex Opens Weak On Slowdown Worries

Indian equities opened negatively due to weak global reaction, despite the US Senate Sensex Opens Weak On Slowdown Worriesvoting in favor of the $700 billion financial rescue plan, which aims at reviving the drowning financial segment.

Moreover, the passage of Indo-US nuclear agreement also failed to boost the outlook during early trade.

Asian markets opened negative today (Oct 03) on growing worries over the U.S. economic system.

Today, the 30-share index, BSE Sensex opened at 12,899.62, down 156.05 points, as against its last closure at 13,056, up 195.24 points, on Wednesday (Oct 01). 


Sell DLF

Karvy Stock Broking Limited has suggested investors to ‘sell’ DLF stock with a Sell DLFtarget of Rs 325.

According to Karvy, interested investors can sell the stock around Rs 340 with a strict stop loss of Rs 350. 
 
Today (Oct 03), the stock opened weak at Rs 342, against its last closure at Rs 345.25 on the Bombay Stock Exchange (BSE) on Wednesday (Oct 01). Current EPS & P/E ratio stood at 15.91 and 21.42 respectively. The share price has seen a 52-week high of Rs 1225 and a low of Rs 329 on BSE. 


Sensex Plummets On Global Weakness

Indian stock markets plunged sharply as the global credit crisis Sensex Plummets On Global Weakness deteriorated. 

After a week of tumult, the US government has finally cleared $700 billion bailout package on Friday.

Despite receiving other positive news such as marginally fall of inflation figure, reduction in fuel prices, the Sensex and Nifty are testing their new lows.

Real estate, metal, consumer durables, power, oil & gas stocks led the declining charts.

Today, the 30-share index BSE Sensex opened at 12,284.49, down 241.83 points.  


Sensex Down 506.95 Pts At 12,019.37

The Sensex fell down on the back of global worries. It slipped below Sensex Down 506.95 Pts At 12,019.3712,000 level and also touched an intra-day low of 11,936.84 during the afternoon trades because of heavy selling action witnessed across board. 

Metal, consumer goods, realty, power, IT, banking segments were hammered badly. 

BSE Midcap index lost 5.61%, whereas Smallcap index fell 4.94%. 

At 1:59 p.m., the 30-share index Sensex stood at 12,019.37, down 506.95 points. It also hit a high of 12,284.49 and a low of 11,936.84.


Sell L&T

Karvy Stock Broking Limited has suggested investors to ‘sell’ Larsen & Sell L&TToubro Limited (L&T) stock with a target of Rs 940.

According to Karvy, interested investors can sell the stock between Rs 995-1000 with a strict stop loss of Rs 1025. 
 
Today (Oct 08), the stock opened weak at Rs 974.80, against its last closure at Rs 1008.10 on the Bombay Stock Exchange (BSE) on Tuesday (Oct 07). Current EPS & P/E ratio stood at 39.31 and 24.12 respectively. The share price has seen a 52-week high of Rs 2335 and a low of Rs 994 on BSE. 


Sensex Below 11K

There seems to be no stopping for Sensex. It lost more than 800 points Sensex Below 11Kbecause of worldwide financial crisis.

The 30-share index BSE Sensex touched an all time low of 10,940.85 in early trading. All segments suffered huge losses. This is the benchmark’s lowest since early August 2006.

Consumer Durables, which suffered the most, fell over 13% because of heavy selling in key stocks in that space.

Real estate, metal, IT, banking and power sectors took a severe hammering. BSE Midcap and Smallcap index plummeted 8.57% and 7.28% respectively. 


Sensex Ends 366.88 Pts Down

After opening with a loss of 379 points at 11,316.24, the 30-share index Sensex Ends 366.88 Pts DownBSE Sensex continued its losing streak on Wednesday (Oct 08) due to global financial crisis. 

Moreover, the BSE Sensex touched an all time low of 10,740.76. All segments suffered a severe hammering. 

Finally, the BSE Sensex closed the day after making a loss of 366.88 points at 11,328.36. It also hit a high of 11,405.73 and a low of 10,740.76. Meanwhile, NSE Nifty lost 92.95 points at 3,513.65 after touching a high of 3,604.40 and a low of 3,329.45.


Markets Collapsed At Opening; Slips 9.5%

Indian equities crashed during the early trading hours as credit crisis Markets Collapsed At Opening; Slips 9.5% deteriorated, which sent the benchmark indices Sensex and Nifty down by 9.5% and 9% to 10,239.76 and 3198.95 respectively.

Today, the 30-share index, BSE Sensex opened negatively at 10,632.27 after losing 696.09 points. In the previous day session, the Sensex closed with a loss of 366.88 points.

Asian stocks tumbled, forcing Japan’s Nikkei 225 Stock Average down on worry that the deepening credit disaster will push the worldwide financial system into depression.


Sensex Plunges Over 8%; Nifty Tumbles 7.85%

Indian stock markets are still under huge pressure because of turmoil in Sensex Plunges Over 8%; Nifty Tumbles 7.85% worldwide markets. 

Sharp Decline in Indian currency and disappointing IIP numbers also dragged the Sensex down. Indian rupee fell to a six-year low against the dollar as weak stock markets impelled investors to retrieve their funds from the markets. 

After falling 1.68% on Wednesday to Rs 48.375, the partially convertible rupee stood at Rs 49.19 a dollar today.


Sensex Ends 800.51 Pts Down At 10,527.85

The Indian stock market crashed on Friday (Oct 10) by losing more than Sensex Ends 800.51 Pts Down At 10,527.85800 points at close. 

The markets remained under huge pressure throughout the day because of turmoil in worldwide markets. Sharp fall in rupee and poor IIP numbers also dragged the Sensex down. 

Technology giant Infosys was down despite better-than-expected quarterly figures. 

RBI and government are taking all possible steps to improve liquidity situation in the Indian market. 


Sensex Plummets 1,998.47 Pts During The Week

The 30 share index, Sensex lost 1,998.47 points during in the week ended Sensex Plummets 1,998.47 Pts During The WeekOct 10, while the broad based NSE Nifty plunged 538.35 points in the same period.

Mid-cap stocks dropped 1,001.8 points to 3,676 in the week. On the other hand, small-cap shares slipped 1,109.95 points to 4,355.45 during the week.

The markets, all through the week, remained under huge pressure because of turmoil in worldwide markets. 

For the month of August 2008, India’s Index of Industrial Production (IIP) index decline to 1.3% as against 7.1% on m-o-m basis. 


Sensex Rallies; Up Over 700 Pts

Sensex Rallies; Up Over 700 Pts The supportive words from the finance minister and central bank (RBI) and the strong movement in Asian and European stock markets keep the market high up in the positive territory this afternoon.

The stocks are trading strongly on the back of continued buying activity seen across sectors including banking, consumer goods, metal, power and realty. 

Indian stock markets belled the day positively, after closing the last week at 10,527.85, down 800.51 points, on Friday (Oct 10). 

Today, the 30-share index, BSE Sensex opened at 10,817.68 after gaining 289.83 points. 


Stock Mkt May Go Upto 11,786 Level, Says Vishwas Agarwal

Stock Mkt May Go Upto 11,786 Level, Says Vishwas Agarwal Indian stock markets belled the day on a firm note on account of positive global signs and sharp rally seen because of short coverings in yesterday’s session (Oct 13). 

IT, realty, banking, metal and power sectors moved up sharply. 

Mid-cap stocks gained 2.96%, while small-cap shares surged 1.83% today.

Asian stocks zoomed, driving Japan’s Nikkei 225 stock average to its largest gain in the last 18 years, after the US and European authorities decided to buy equity stakes in banking institutions. 


Sensex Below 11K; Plummets 516.70 Pts

Sensex Below 11K; Plummets 516.70 PtsAfter two successive days of strong gains, Indian equities plummeted into the negative terrain in today’s session on fears of slowdown in the financial system.

Indian equities continued to trade weak due to heavy selling action seen across board. 

All the sectoral indices were hammered badly.

BSE Midcap and Smallcap index declined more than 4% each.

Today, the 30-share index BSE Sensex started the day with a loss of 238.13 points, at 11,245.27 on Wednesday. 


Sensex Plummets 613.40 Pts On Fears Of Global Recession

Sensex Plummets 613.40 Pts On Fears Of Global RecessionAfter marking its closure below 11K on Wednesday (Oct 15), the 30-share index BSE Sensex belled the day on a weak note on fears over a long lasting global economic recession activating a huge sell-off across worldwide markets.

The sharp 100 basis points cut in Cash Reserve Ratio (CRR) failed to cause any significant buying this morning.

Realty, metal, IT, Oil & gas and power stocks suffered huge losses. 

BSE Midcap and Smallcap index fell 4.77% and 3.94% respectively.


Shree Renuka Sugars acquires Gokak Sugars for Rs 69.3 crore; stock dips 8%

In a bid to access more refining capacity at a cheaper rates, Shree Renuka Sugars Ltd, India's biggest sugar refiner, has bought 87% stake in Gokak Sugars for Rs 69.3 crore, including debt of Rs 65 crore.

Karnataka-based Gokak Sugars has a capacity to crush 2,500 tonnes cane per day and has a 14 megawatt co-generation power plant. The company’s capacity is assumed to be equivalent to 7% of Shree Renuka's total crushing capacity.

According to official sources, the latest acquired mill is fully operational, and will add more income to Shree Renuka's business.

As per an estimate, the acquisition is expected to add Rs 12 crore in revenue annually.


Sensex Gains 260 Pts On Heavy Buying

Sensex Gains 260 Pts On Heavy BuyingIt has been a splendid session for stocks thus far. Indian equities have moved up sharply due to continued buying action witnessed across board.

Both Sensex and Nifty have recorded thumping gains. Realty, consumer durables, IT, power and oil & gas gained a lot.

BSE Midcap and Smallcap gained 1.67% and 1.70% respectively.

Today, the 30-share index, BSE Sensex opened positively at 10,428.11, up 205.02 points, as against its previous closure in which it gained 247.74 points.


ICICI Bank Intraday Buy Call

ICICI Bank Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with an intraday target of Rs 440.

According to Karvy, interested traders can purchase the stock between Rs 418-422 with a strict stop loss of Rs 400. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 405.
 


Sensex Plummets 393.77 Pts; RComm, Bharti Drop

Sensex Plummets 393.77 Pts; RComm, Bharti DropIndian equities continued to trade in the negative terrain on fears over lower earnings.

The 30-share index BSE Sensex ended on a highly negative note yesterday with some major corporate houses declaring disappointing quarterly figures.

Asian markets weighed the depressing outlook. Realty, metal, IT, oil & gas and power stocks that had bounced back fairly strongly yesterday after recent huge losses, are back in the red again on account of heavy selling action.

BSE Midcap and Smallcap declined 2.02% and 1.59% respectively.


Sensex Below 10K, Down 243 Pts

Sensex Below 10K, Down 243 PtsThe 30-share index Sensex, which had suffered a heavy loss earlier this morning, recovered over 200 points from today’s lows, touching a high of 9,968.12.

Metal, realty, banking, oil & gas stocks led the declining charts.

BSE Midcap and Smallcap index fell 2.52% and 2.26% respectively.

After opened the day negatively at 9,683.41, down 486.49 points, the Sensex crashed to 9681.28 following a massive sell-off in front line stocks.

At 10:59 a.m., Sensex stood at 9,926.09, down 243.81 points, after hitting a high of 9,928.11 and a low of 9,681.28.


Sensex Plummets 737 Pts On RBI’s Credit Policy

Sensex Plummets 737 Pts On RBI’s Credit PolicyThe 30-share index, BSE Sensex, lost more than 700 points soon after the announcement of credit policy review by the central bank.

Metals, banks and realty stocks were hammered badly.

The central bank kept the Bank Rate unchanged at 6% in its mid-term review of the annual statement on monetary policy for the year 2008-09.

Meanwhile, repo rate was also kept steady at 8%, to judge the impact of a heavy, surprise cut earlier this week to suppress the financial system from the worldwide financial crisis.


Sensex Opens Strong On Positive Global Signals

Sensex Opens Strong On Positive Global SignalsIndian equities opened on a bright note tracking hopeful worldwide signals.

Metal, consumer durables and realty stocks, among the severely hammered in recent weeks, were among the top gainers this morning.

BSE Midcap and Smallcap index gained 2% and 1.86% respectively.

The Bombay Stock Exchange (BSE) on Tuesday celebrated Diwali at evening when the index posted a sharp 547-point gain taking back some eagerness among investors after last Friday’s slaughter.


Stock Mkt Awaits Encouraging Development For A Sustainable Rally, Says Vishwas Agarwal

Stock Mkt Awaits Encouraging Development For A Sustainable Rally, Says Vishwas AgarwalThe 30-share index BSE Sensex, on Wednesday (Oct 29), belled the day on a positive note on account of heavy buying action by funds on strong worldwide signals.

But, after staying high up in the positive zone for about half an hour, the stock market reversed trend and plummeted into negative in mid morning trade.

After witnessing a volatile session, Sensex finally closed marginally higher, due to settlement of October F&O series.


Sensex Opens Positive, Continues To Rally

Sensex Opens Positive, Continues To RallyIndian equities opened strongly on the back of positive global cues.

IT, FMCG and oil & gas stocks gained ground. BSE Midcap and Smallcap index rose more than 2% each.

The US Federal Reserve slashed bank rates by 50 basis points on Wednesday (Oct 29), and many other central banking institutions are likely to follow suit sooner than later.

The inflationary figures declined to 10.68% for the week ended October 18, as compared with 11.07 per cent for the previous week. The annual rate of inflation was 3.11 per cent in the corresponding period a year ago.


Buy Jindal Steel & Power

Buy Jindal Steel & PowerStock market analysts have maintained ‘buy’ rating on Jindal Steel & Power Ltd stock with an intraday target of Rs 765.

According to them, interested traders can purchase the stock above Rs 692 with a strict stop loss of Rs 682. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 772.
 


Sensex Up By 743.55 Pts; Nifty Gains 188.55 Pts

Sensex Up By 743.55 Pts; Nifty Gains 188.55 PtsIndian equities ended the week on a positive note on Friday (Oct 31), on account of continued buying action across board in frontline stocks.

Though the stock market lost its way for a moment during afternoon trading because of a negative closure on the Asian stock markets and a weak start in European markets, frenzied buying action in the final hour of trade boosted it to a strong closure on yesterday.

The US Federal Reserve cut bank rates by 50 basis points, and various other central banks are likely to follow suit sooner than later.


Sensex Gains 1,086.99 Pts During The Week

Sensex Gains 1,086.99 Pts During The WeekIndian equities started the week negatively tracking hopeless global cues and heavy selling action witnessed by FIIs as well as retail investors.
The Sensex touched the 8,000 mark, while the Nifty embraced the 2,300 level during intra-day. Afterward, it recovered some lost ground on account of short covering and buying by domestic institutional investors.

The Bombay Stock Exchange (BSE) on Tuesday celebrated Diwali at evening when the index posted a sharp 547-point gain taking back some eagerness among investors after five days of decline.


Sensex Down 10.75 Pts At 10,326.93

Sensex Down 10.75 Pts At 10,326.93Indian equities moved up in the positive terrain for a short while and soon slipped into the negative to trade on a flat note.

Some buying and selling is witnessed in bluechip stocks. Banking, PSU, power and banking stocks saw buying interest, whereas IT and auto stocks went down.

BSE Midcap and Smallcap index gained more than 1% each.

Today, Indian stock market opened with a loss of 33.11 points, at 10,304.57 as compared to the previous day session in which it gained 549.62 points.


US Elections Will Keep World Markets Stable, Says Vishwas Agarwal

US Elections Will Keep World Markets Stable, Says Vishwas AgarwalAfter opening with a loss of 33.11 points at 10,304.57, the 30-share index BSE Sensex continued to trade in a subdued manner.

IT stocks continue to languish in the red with sharp losses, and lost 6.12%, while realty, PSU, banking and FMCG stocks saw buying interest.

The BSE Midcap and Smallcap index gained 0.62% and 0.88% respectively.

At 12:59 p.m., the 30-share index lost 52.47 points at 10,285.21, after hitting a high of 10,387.19 and a low of 10,116.22.


Sensex Down On Profit Booking

Sensex Down On Profit BookingIndian equities lost their strength and fell into the depressing zone because of heavy profit booking.

IT, consumer durables, realty stocks gained ground, whereas oil & gas and banking stocks went down.

BSE Midcap and Smallcap index surged 0.20% and 0.61% respectively.

The 30-share index BSE Sensex, today, opened with a gain of 300.05 points at 10,931.17.

In the previous day (Tuesday, Nov 4) session, the Sensex closed the day after gaining 293.44 points, while the NSE Nifty zoomed 98.25 points.


BSE 10,786 Is Imp To Sustain For Further Upmove, Says Vishwas Agarwal

BSE 10,786 Is Imp To Sustain For Further Upmove, Says Vishwas Agarwal IT, pharma and select realty, consumer durables and power stocks trade strongly while the benchmark BSE index Sensex continues to languish in the negative terrain with a sharp loss on account of heavy selling activity in Reliance Industries, Reliance Communications, Bharti Airtel, ACC, Tata Steel, SBI and Grasim Industries.

At 12:28 p.m., the Sensex lost 191.25 points 10,439.87, while the Nifty stood at 3087.30, down 54.80 points.


Sensex Drops Further On Selling

Sensex Drops Further On SellingThe benchmark indices Sensex and Nifty slipped deeper into the negative in late afternoon trade today, on account of aggressive selling at several blue chip counters.

Oil & gas, metal and realty stocks were hammered badly.

BSE Midcap and Smallcap index lost more than 1% each.

The 30-share index BSE Sensex, today, opened with a gain of 300.05 points at 10,931.17.

At 3:03 a.m., Sensex lost 409.87 points, or 3.86%, at 10,221.25 after touching a high of 10,945.41 and a low of 10,218.92.


Sensex Below 10K, Down 403.23 Pts

Sensex Below 10K, Down 403.23 PtsIndian equities extended its losses on poor economic fears in the global front.

The 30-share index BSE Sensex belled the day below 10,000 at 9,755.03 after falling 364.98 points. Realty, metal, oil & gas and baking stocks led the declining charts.

Asian stocks tumbled after News Corp, Isuzu Motors and Cathay Pacific Airways slashed their profit viewpoint, adding to evidence the worldwide economy is headed toward depression.

BSE Midcap and Smallcap index fell 3.16% and 1.95% respectively.


Sensex Down 223.97 Pts At 9,896.04

Sensex Down 223.97 Pts At 9,896.04The 30-share index BSE Sensex fell into the negative terrain on account of heavy selling activity in metal and blue-chip stocks.

Oil & gas, auto and IT stocks have edged up a bit from their earlier lows. Metal stocks continue to trade weak, while realty and FMCG sectors too have bounced back from their lower levels.

BSE Midcap and Smallcap index lost 1.42% and 1.96% respectively.

Today, the Indian stock market belled the day after losing 364.98 points at 9,755.03.


Sensex Opens Negative On Global Recessionary Pressures

 Sensex Opens Negative On Global Recessionary Pressures Indian equities opened negatively for the third straight session on rising global recessionary pressures.

Auto and IT stocks went down, whereas oil & gas and FMCG stocks gained ground.  

BSE Midcap and Smallcap index climbed 0.32% and 0.15% respectively.

Today, the 30-share index, BSE Sensex opened at 9,631.59, down 102.63 points, as against its last closure in which it settled with a loss of 385.79 points.


Sensex Crosses 10K Level; Up 291.58 Pts

Sensex Above 10K Level; Up 291.58 PtsIndian equities are trading higher on the back of continued buying interest witnessed in a host of blue chip stocks.

The Sensex bounced back to 10,025.80 now, after registering a handsome gain of 291.58 points, while the broad-based Nifty has posted a gain of 100.85 points at 2993.50.

A sharp rise in infrastructure sector output has actuated some buying in today’s session. The improvement on the Asian stock markets and a positive mood in US index futures have also added to the rise in stock prices this afternoon.


Sensex Up By 230.07 Pts; Nifty Gains 80.35 Pts

Sensex Up By 230.07 Pts; Nifty Gains 80.35 PtsIndian equities closed the week positively on the back of heavy buying action witnessed in blue-chip stocks including Reliance Infra, Hindalco and Reliance Communication.

Power, oil & gas, metal and PSU stocks witnessed stock specific action. BSE Midcap and Smallcap index gained 1.11% and 0.51% respectively.

The 30-share index, BSE Sensex, on Friday (Nov 8), opened negatively for the third straight session at 9,631.59 after losing 102.59 points on rising global recessionary pressures.


Sensex Opens Lower On Global Cues

Sensex Opens Lower On Global CuesIndia equities belled the day on a lower note due to hopeless worldwide signals.

The 30-share index, BSE Sensex opened at 10,405.39 after losing 130.77 points, as against its last day’s closure in which it gained 571.87 points.

Metal, realty and consumer goods have declined sharply on selling pressure. Metal stocks were among the worst hit this morning. These stocks had recoded impressive gains during the last few sessions.

Asian stocks fell after Mitsubishi Materials slashed its profit estimate and Australian business confidence dropped to the lowest level on record.


Buy Hindustan Construction

Buy Hindustan Construction Stock market analysts have maintained ‘buy’ rating on Hindustan Construction Company stock with a short term of Rs 68 in 2-3 weeks.

According to analysts, investors with a short-term horizon can purchase the stock around Rs 59 with a stop at Rs 55. If the stock market remains positive in the coming days, the stock pricing becomes more attractive, and reach above Rs 72 within the said time period.
 


Sensex Below 10k On Heavy Selling Pressure

Sensex Below 10k On Selling PressureThe Sensex fell below the 10,000 level on the back of heavy selling action, weak global markets and fears of a deep and prolonged recession.

Realty, oil & gas, consumer goods and metal stocks were hammered badly.

The various relief and rescue packages declared by worldwide central banking institutions failed to lift investor response.

At 1:37 p.m., the 30-share index, BSE Sensex stood at 9936.97, down 599.19 points, from its previous closing mark, while the broad-based Nifty slipped to 2971.30, down 176.95 points.


Sensex Down 81.30 Pts At 9,758.39

Sensex Down 81.30 Pts At 9,758.39The Sensex recovered its early losses and trying to make headway towards positive terrain.

Realty, auto and FMCG stocks led the declining charts, whereas IT stocks gained ground. BSE Midcap and Smallcap index lost 0.85% and 0.87% respectively.

With no great triggers on the way, the mood remains quite watchful on the bourses today.


Sensex Sheds 182.76 Pts On Heavy Selling

Sensex Sheds 182.76 Pts On Heavy SellingIndian equities slipped further into the negative terrain on the back of heavy selling witnessed across board.

Realty, metal, banking and consumer goods have suffered sharp losses.

FMCG, oil, telecom, pharma and power stocks also drifted down sharply. IT stocks that were see ruling firm till a little while ago, have ceased most of their gains.

BSE Midcap and Smallcap index fell more than 1% each on heavy selling.

At 2:04 p.m., the 30-share index Sensex stood at 9,656.93, down 182.76 points. It also touched a high of 9,928.60 and a low of 9,559.33.


Stock Mkts May Behave Unpredictably For Some Time, Says Vishwas Agarwal

Stock Mkts May Behave Unpredictably For Some Time, Says Vishwas AgarwalIndian stock markets have declined a lot during the last 10 months and capitalists have lost faith in the equities. But the golden rule of investing still remains unbroken, that in the long run companies with well-built fundamentals and talented management will always provide handsome returns.

The existing negative reaction has taken the rate of many shares much below their fair value. These shares cannot stay at such low levels and are expected to bounce back to somewhere closer to their fair value.


After Strong Opening, Sensex Slips Into Negative

Sensex Slips Into Negative After Strong OpeningIndian equities rallied at the opening time on the back of encouraging global signals and domestic inflationary figures calming down to single digit levels.

But, stocks tumbled into the red zone because of profit booking.

Realty, metal stocks gained ground, while consumer goods, IT and oil & gas stocks have shed a major portion of their early gains.. BSE Midcap and Smallcap index declined 0.38% and 0.19% respectively.

The 30-share index BSE Sensex, today, opened with a gain of 262.92 points, at 9,799.25.


Sensex Down 47.85 Pts At 9,488.48

Sensex Down 47.85 Pts At 9,488.48 The stock market continued to trade in negative terrain because of heavy selling action witnessed across some of the frontline stocks.

Auto, consumer goods, metal and IT stocks have registered sharp losses.

While some modest buying was seen in the smallcap space, a number of midcap stocks were struggling in the red zone because of sustained selling pressure.

The market breadth was weak. Out of 2381 stocks, 1329 stocks were down in the negative territory. 961 stocks recorded gains and 91 stocks traded flat.


Sensex Ends Week On A Positive Note

Sensex Ends Week On A Positive NoteIndian equities on Friday (Nov 14) opened strongly on account of strong worldwide signals and a sharp drop in weekly inflationary numbers.

However, the BSE Sensex shed most of its earlier gains amid choppy trades due to heavy profit booking seen across blue chip stocks.

Doubts regarding the success of different bailout packages declared by governments across the globe and lack of participation by institutional investors contributed to the market’s fall despite a fairly bright start this morning.


Sensex Sheds 125.28 Pts; ICICI Bank, ACC Tumble

Sensex Sheds 125.28 Pts; ICICI Bank, ACC TumbleAfter a weak opening today, the 30-share index BSE Sensex continued to trade in the negative zone on the back of global worries, and lack of support at higher levels.

Heavy selling action was witnessed in banking, IT and power stocks.

BSE Midcap and Smallcap index shed 1.56% and 1.42% respectively.

As declining growth, massive job cuts, worries of a deep and prolonged recession in worldwide economies continue to disturb the outlook, the stock market, despite a few rallies here and there, has been fighting to make a headway for the last few months.


Sensex Opens Positive, Up 208.30 Pts

Sensex Opens Positive, Up 208.30 Pts Indian equities opened positively despite none too encouraging global signals and moved up further in subsequent trading session as investors went bargain hunting after five successive days of losses.

The 30-share index, BSE Sensex opened with a gain of 33.47 points, at 8,970.67 on Wednesday.

Metal stocks, among the severely battered in recent sessions, were among the top gainers, while Oil, real estate, banking, capital goods and power stocks also moved up sharply.


Sensex Bounces Back To Positive; Up 45.93 Pts

Sensex Bounces Back To Positive; Up 45.93 Pts After a depressing start and a subsequent sharp fall, Indian equities made a smart recovery this morning on the back of some spirited buying action in some of the frontline stocks.

IT, power and consumer goods gained ground, whereas realty and banking stocks went down due to the expected rate cut not happening during the last weekend.

BSE Midcap and Smallcap index gained 0.11% and 0.31% respectively.  

At 11:00 a.m., the 30-share index BSE Sensex, which tumbled to a low of 8708.85 after opening at 8840.53, rallied to 8,961.14, up 45.93 points.


Sensex Holds Above 9K; Up 160 Pts

Sensex Holds Above 9K; Up 160 PtsThe 30-share index BSE Sensex bounced back into the positive terrain on account of strong buying action witnessed in power, metal, capital goods, telecom and bank stocks.

Selected oil, realty and auto stocks also posted
impressive gains. Information technology stocks slipped from their
higher levels due to lack of support.

FMCG and Pharma stocks remain relatively subdued.

A good buying interest was seen in midcap and smallcap segments.

The market breadth was strong it saw 1258 progressions as against 819 declinations.


Sensex Gains 40.40 Pts At 8,735.93

Sensex Gains 40.40 Pts At 8,735.93Indian equities continued to trade in the positive zone because of strong buying action witnessed in index heavyweights.

Short-covering prior to expiry of November series derivatives contracts has contributed significantly to the rise in stock prices this afternoon.

Oil & gas, banking, FMCG stocks went up, while auto and consumer goods stocks saw profit booking.

BSE Midcap and Smallcap index lost 0.88% and 1.13% respectively.


Stock Mkts To Open Today For Trading, Says Bhave

Stock Mkts To Open Today For Trading, Says Bhave  Sebi chief CB Bhave asked the stock markets to resume trading on Friday at regular time.

“We have asked the exchanges to be ready to start trading. We have kept our options open, we will take a final call later. No time has been fixed for the decision,” he added.

Mr. Bhave also said that the market regulator (SEBI) is monitoring the situation closely.

The NCDEX would also open today for trading.

The forex, money, bond and commodity exchanges have opened already.


Sensex Gains 91.91 Pts At 9118.63

Sensex Gains 91.91 Pts At 9118.63The Mumbai Railway Police denied that there was any firing at the Chatrapati Shivaji Terminus Station this afternoon.

According to the Commissioner, Railway Security, it was not firing but only a disruption and the condition is totally normal out there right now.

The 30-share index BSE Sensex, which had slipped into the red in early afternoon trade, has rallied to 9,118.63, up 91.91 points, on account of buying action seen across IT and auto sectors. 

In the meantime, the broad based Nifty gained 7.35 points at 2,759.60 after touching a high of 2,779.00 and a low of 2,690.30.


Stock Mkt Snubs Mumbai Terror, Ends Up 66pts

Stock Mkt Snubs Mumbai Terror, Ends Up 66ptsThe Indian equities, which opened with negative gaps, have soon bounced back into green towards the closing sessions snubbing the prevailing gloomy situation in the country.

According to the sources, Sensex and its counterpart, the broad based Nifty ended the day with higher margins, drawing hope for the Monday`s session.

The Bombay Stock Exchange Midcap soared up 0.29 percent, while Smallcap index plummeted 0.31%.


Sensex Up By 117.51 Pts; Nifty Gains 61.65 Pts

Sensex Up By 117.51 Pts; Nifty Gains 61.65 PtsThe Sensex opened the week on a bearish note after JP Morgan slashed its profit outlook for the fiscal year ending March 2010 for HDFC Bank, ICICI and Axis Bank by between 10% to 30%.

India’s benchmark index, Sensex, saw volatile movements all through the week. But, value buying by investors in a few blue-chips and banking stocks together with short-covering by operators pull the Sensex in the positive zone helping it to cross the 9,000 mark.


Sensex Slumps 252.93 Pts; Nifty Down Over 76 Pts

Sensex Slumps 252.93 Pts; Nifty Down Over 76 Pts Indian equities continued their downfall on account of heavy selling pressure across all segments.

BSE Realty, Bankex and Metal were among the worst hit in the sell-off this morning, while oil, auto, information technology and capital goods stocks also declined sharply.

BSE Midcap and Smallcap lost 2.44% and 1.56% respectively.

A few FMCG stocks in the list have moved up. Some pharma stocks have edged higher on selective buying support.

The overall breadth of the market was too weak as 335 advancements as against 1,073 declinations.


Stock Mkt Not Giving Any Indication For Sharp Fall, Says Vishwas Agarwal

Stock Mkt Not Giving Any Indication For Sharp Fall, Says Vishwas AgarwalAfter a smart opening today, Indian equities slipped into the negative terrain due to heavy selling pressure in select IT, realty, auto and FMCG stocks.

However metal and consumer goods stocks gained ground. BSE MIdcap and Smallcap index rose 0.55% and 0.27% respectively.

At 10.50 a.m., the 30-share index Sensex lost 95.21 points at 8,644.03 after hitting a high of 8,854.81 and a low of 8,620.71.


Buy Tata Steel

Buy Tata Steel Stock market analysts have maintained ‘buy’ rating on Tata Steel stock with an intraday target of Rs 160.

According to them, interested traders can purchase the stock above Rs 148 with a strict stop loss of Rs 140. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 165.
 
Shares of the company, on Tuesday (Dec 02), closed at Rs 148.65 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1706821. Current EPS & P/E ratio stood at 75.97 and 2.13 respectively. The share price has seen a 52-week high of Rs 952 and a low of Rs 146.35 on BSE.


Stock Mkt Looks Range-Bound Awaiting Govt Decision, Says Vishwas Agarwal

Stock Mkt Looks Range-Bound Awaiting Govt Decision, Says Vishwas AgarwalAmid a cautious start, Indian equities continued to trade positively but on a flat note.

Global signals are fairly positive and there are expectations that the government will shortly declare a strong stimulus package to boost up the financial system.

Realty, consumer goods and banking stocks went up, whereas consumer durables and metal stocks turned down.

BSE Midcap and Smallcap index gained 0.65% and 0.61% respectively.


Sensex Up 245.96 At 8,993.39; Realty Zooms 10%

Sensex Up 245.96 At 8,993.39; Realty Zooms 10%Indian equities continued to gain momentum on the back of heavy buying action witnessed across all sectors.

Mirroring the sharp increase in values of key stocks in this space, the BSE Realty index gained 10%. Capital goods, oil, power, bank and metal stocks also rallied smartly.

BSE Midcap and Smallcap rose 1.98% and 1.38% respectively.

At 02.25 p.m., the 30-share index Sensex stood at 8,993.39, up 245.96 points, after hitting a high of 8,997.36 and a low of 8,726.71.


Sensex Below 9K; Down 258.75 Pts

Sensex Below 9K; Down 258.75 Pts The Sensex slipped below 9,000-mark on account of continued buying action witnessed across board.

IT, consumer durable, oil & gas and metal stocks were hammered badly.
 
BSE Midcap and Smallcap index lost 0.75% and 0.08% respectively.

Among the sectoral indices, BSE IT declined 4.72%, Consumer durables plunged 4.16%, Oil & gas fipped 3.67% and Metal lost 3.42%.

The 30-share index, BSE Sensex, today (Dec 05, 2008), belled the day with a loss of 25.06 points at 9,204.69.


Sensex Stripped Again, Ends Below 9K

Sensex Stripped Again, Ends Below 9KIndian equities ended the week below 9,000 mark due to strong selling pressure witnessed across IT, consumer durable, oil & gas and metal stocks.

The 30-share index BSE Sensex, which opened with a loss of 25.06 points at 9,204.69, on Friday, rallied for a short time but profit booking at higher levels brought it back into the negative terrain.    

Among the sectoral indices, BSE Consumer durables and IT lost more than 4% each, Realty, Metal and Oil&gas declined over 3% each.   

BSE Midcap and Smallcap index lost 1.02% and 0.25% respectively.


ICICI Bank Intraday Buy Call

ICICI Bank Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with an intraday target of Rs 390.

According to Karvy, interested traders can purchase the stock above Rs 370 with a strict stop loss of Rs 360. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 395.
 


Reliance Communications Intraday Buy Call

Reliance Communications Intraday Buy CallStock market analysts have maintained ‘buy’ rating on Reliance Communications (RCom) stock with an intraday target of Rs 221.

According to analysts, interested traders can purchase the stock above Rs 206 with a strict stop loss of Rs 198. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 228.


Sensex Zooms 315 Pts On Heavy Buying

Sensex Zooms 315 Pts On Heavy Buying  Indian stock markets continued to trade positively on account of heavy buying action witnessed in realty, metal and oil & gas stocks.

Moreover, capital goods, power, telecom and information technology stocks have also posted sharp gains.

Banking, auto stocks have recovered sharply after remaining subdued for a short time. Pharma and consumer durables stocks have also went up.

BSE Midcap and Smallcap index gained 1.12% and 0.80% respectively.

The 30-share index, BSE Sensex today, (Dec 10, 2008), opened with a gain of 153.78 points at 9,316.40.


Buy Reliance Industries

Buy Reliance Industries  Karvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries Ltd (RIL) stock with an intraday target of Rs 1250.

According to Karvy, interested traders can purchase the stock between Rs 1185-1190 with a strict stop loss of Rs 1160. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1258.
 


Sensex Slips Further; TCS Down Over 6%

Sensex Slips Further; TCS Down Over 6%Indian equities slipped further into the negative zone on the back of heavy selling pressure witnessed in some of the frontliners.

Realty and metal stocks went up, whereas IT and consumer durables stocks led the declines.

BSE Midcap and Smallcap index gained mire than 1 percent each.

Among the sectoral indices, BSE Realty zoomed 2.44%, Metal gained 1.25%, while BSE IT declined 3.81%, Consumer Durables lost more than 2.75%.

The 30-share index, BSE Sensex started the day with a gain of 24.42 points, at 9,679.32.


Sensex Bounces Back; Down 125.94 Pts

Sensex Bounces Back; Down 125.94 PtsThe Sensex bounced back and was trading off from day’s low this afternoon.

Buying and selling was witnessed in some of the select stocks. IT, metal, banking, power and realty stocks led the declining charts.

BSE Midcap gained 0.43% and 1.04% respectively.

Among the sectoral indices, BSE IT index hit badly after plunging 3.84% followed by Metal, which declined 2.49%, Power and Bankex lost more than 2% each.

The 30-share index, BSE Sensex, today (Dec 12), belled the day with a loss of 274.59 points, at 9,370.87.


BSE Sensex Comes Off Higher Levels @ 12:59 Hrs

BSE Sensex Comes Off Higher Levels @ 12.59 HrsThe market, which opened positive today, pared most of its earlier gains and come off from its day’s high due to some profit booking.

Metal, realty, consumer durables stocks saw heavy buying interest in today’s session.

BSE Midcap and Smallcap index gained 2.93% and 2.67% respectively.

At 12.59 p.m., the 30-share index Sensex stood at 9.813.00, up 122.93 points, after hitting an intraday high of 9,948.33 and an intraday low of 9,802.39.


Sensex Edges Up; HCL Tech Zooms 18%

Sensex Edges Up; HCL Tech Zooms 18%The Sensex has bounced back into the positive terrain after a fall from higher levels on the back of strong buying action witnessed across key stocks including Reliance Industries, Tata Motors, ONGC, Ranbaxy Laboratories, NTPC, TCS, ACC and Infosys Technologies.

Some of the major gainers in the Sensex were Grasim Industries, State Bank of India, Wipro, Jaiprakash Associates, Tata Power, ICICI Bank, HDFC Bank, Hindustan Unilever and BHEL.

At 14:19 hrs, the BSE barometer gained 2.12 points at 9834.51, while the broad-based Nifty stood at 2990.50, up 9.30 points.


Sensex Surges As Inflation Figures Drop Further

Sensex Surges As Inflation Figures Drop FurtherThe Sensex continued to trade in the positive terrain as better than expected annual rate of inflation boosted the market reaction. Intense buying was witnessed across index heavyweights.

Realty, banking, power and IT stocks have rallied sharply. BSE Midcap and Smallcap index gained 1.30% and 0.43% respectively.

The 30-share index, BSE Sensex today (Dec 18), started the day negatively at 9,710.20, down 5.09 points, after a fall of 2.62% on the previous working day.


Sensex Gains Momentum; M&M, Tata Motors Flare Up

Sensex Gains Momentum; M&M, Tata Motors Flare UpOn prospects of more measures from the government to stimulate the ailing real estate and auto sectors, stocks from these segments have rallied sharply in today’s session.

The key realty stocks gained the most followed by auto and power stocks.

Among the sectoral indices, BSE Realty surged 8.59%, Auto zoomed 3.05% and Power arose 2.11%, while IT lost 0.89%.

The Sensex, which had slipped into the negative around noon after an earlier sharp upmove, gained momentum on account of buying interest across index heavyweights.


Sensex Up By 23.48 Pts; Nifty Gains 16.75 Pts

Sensex Up By 23.48 Pts; Nifty Gains 16.75 PtsThe Sensex ended the week on a flat note amid volatility as investors booked profit at higher levels.

Realty sector, which 10.57%, was the major gainer on Friday on expectations of further cut in interest rates and a strong fiscal stimulus from the government.

Auto (1.79%) and consumer durable (1.59%) stocks also gained while oil & gas stocks (-0.63%)went down.

BSE Midcap and Smallcap index gained 1.85% and 0.86% respectively.


Buy Realty Stocks On Monday, Says Vishwas Agarwal

Buy Realty Stocks On Monday, Says Vishwas AgarwalThe 30 share index, Sensex gained 409.84 points in the week ended Dec 19, 2008, while the broad based NSE Nifty surged 156.15 points during the same period.

On Monday, the benchmark index Sensex started the week strongly following worldwide signals and saw volatility all through the day. Realty and metal sectors were the major performers.


Next 2 Days Will Be Difficult To Make Profit, Says Vishwas Agarwal

Next 2 Days Will Be Difficult To Make Profit, Says Vishwas AgarwalIndian equities opened weak today, (Dec 23), following disappointing worldwide shores prior to December F&O expiry.

Auto, consumer goods and metal stocks traded flat.

BSE Midcap and Smallcap index fell 0.35% and 0.20% respectively.

Asian stocks also dropped down as a smaller-than-forecast interest rate cut in China and an economic growth report in New Zealand fanned worries that a global recession is becoming deeper.


Sensex Weak In Choppy Trade; DLF Down Rs 14.57

Sensex Weak In Choppy Trade; DLF Down 14.57%  Indian stock markets continue to represent a weak outlook ahead of F&O expiry.

Huge selling action was witnessed across all sectors except BSE Bankex and PSU.

The 30-share-index BSE Sensex, today (Dec 24), belled the day negatively at 9,626.07, down 60.68 points, as against a drop of 2.43% on the previous working day.

BSE Midcap and Smallcap were also trading in negative terrain after losing 0.83% and 0.91% respectively.


NSE Nifty up 32, BSE Sensex at 9680 @ 10.08 a.m.

NSE Nifty up 32, BSE Sensex at 9680 @ 10.08 a.m.Indian Stock markets opened positive on Friday. NSE Nifty was up by 32 points. Among major gainers were Reliance Petro, Satyam Computers, Suzlon Energy, Unitech and HDFC.

Major losers on NSE were HCL Tech, Power Grid, NALCO, Siemens and Hero Honda.

HDFC Securities research report expects markets to open strong and remain rangebound for the trading session.

ICICI Direct suggests strong support for NSE Nifty at 2890 and 2870. The immediate resistances for Nifty are 2920 and 2940.


Dip In Sensex By 240 Points

Dip In Sensex By 240 PointsThe BSE Sensex lost a further 240 points to close at 9,329, thus sliding for the fourth consecutive session. The weekly sensex loss was taken to 771 points or 7.6% by the Friday's fall. Due to the day's slide, the investor's lost up to Rs 53, 000 crores with BSE market capitalization now at Rs 30.1 lakh crore.

It has also been learnt that the advance tax collections for the quarter were 22% less on a yearly basis. According to the market players, the government's announcement that advance tax collections were lower pointed to lower profitability for the corporates and hence the slide in the market.


Stock Mkts May Recover After Tuesday, Says Vishwas Agarwal

Stock Mkts May Recover After Tuesday, Says Vishwas AgarwalIndian equities belled the day (Monday, Dec 29) on a weak note because of negative global cues.

Select FMCG, pharma, metal and oil stocks went up, while realty stocks slipped on selling pressure.

There were huge losses for a variety of stocks from auto, capital goods, information technology, power and banking sectors as well.

BSE Midcap and BSE Smallcap stocks remain quite subdued this morning.

At 10:26 a.m., the BSE Sensex, which opened with a small negative gap at 9318.86, stood at 9204.97, down 123.95 points.


Hold Satyam Computer!

Hold Satyam Computer!After previous close at Rs 160.60, Stayam Computer Services is currently trading Rs 12 up at Rs 172.60 i.e. 7.47% up at BSE on Dec 31 at 12:01 pm.

The stock closed at Rs 160.70 yesterday (Dec 30), but it is currently trading Rs 12.25 up at 172.95 i.e. 7.62% up at NSE on Dec 31 at 12:11 pm.

The stock still has great potential to go up. It is advised to hold the stock.

Portfolio Manager, PN Vijay said reckons that above Rs 205, Satyam can touch Rs 217.


Overall Stock Mkts Are Trading In Safe Zone, Says Vishwas Agarwal

Overall Stock Mkts Are In Safe Trading Zone, Says Vishwas AgarwalAfter opening the day positively, the 30-share index Sensex continued its positive run on the back of heavy buying activity witnessed in frontline stocks.

Metals, consumer goods and realty stocks gained ground.

All sectoral indices went up, while BSE Midcap and Smallcap index gained 1.61% and 1.66% respectively.

Today, the BSE Sensex started the day at 9,806.64, up 90.48 points, as against its previous closure in which it gained 182.64 points at 9716.16.


ONGC Intraday Buy Call

ONGC Intraday Buy Call Stock market analysts have maintained ‘buy’ rating on ONGC stock with an intraday target of Rs 680.

According to analysts, interested traders can purchase the stock above Rs 665 with a strict stop loss of Rs 652. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 696.


Sensex Welcomes 2009 On A Strong Note; Up 83.85 Pts

Sensex Welcomes 2009 On A Strong Note; Up 83.85 Pts The year 2009 started on a positive note with the benchmark Sensex gaining by over 73 points during the opening trade on hopes of further decline in the inflationary figures and firming trends on the worldwide markets.

The Bombay Stock Exchange barometer, which lost 68.85 points on the last session of 2008, gained 73.24 points at 9,720.55 points in the opening trade with all the sectoral indices, led by metal consumer durables and realty, trading in the positive zone.

The Midcap barometer has moved up by 1.5%, while the Smallcap index has came up by 1.76%.


DLF Intraday Buy Call

DLF Intraday Buy CallStock market analysts have maintained ‘buy’ rating on DLF stock with an intraday target of Rs 293.

According to them, interested traders can purchase the stock above Rs 279 with a strict stop loss of Rs 270. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 298.

Shares of the company, on Wednesday (Dec 31), closed at Rs 281.90 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 5232748. Current EPS & P/E ratio stood at 15.16 and 18.89 respectively. The share price has seen a 52-week high of Rs 1225 and a low of Rs 158 on BSE.


SBI Intraday Buy Call

SBI Intraday Buy CallStock analysts have maintained ‘buy’ rating on State Bank of India (SBI) stock with an intraday target of Rs 1333.

According to them, interested traders can purchase the stock around Rs 1315 with a strict stop loss of Rs 1295. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1350.
 


L&T Intraday Buy Call

L&T Intraday Buy CallStock market analysts have maintained ‘buy’ rating on Larsen & Toubro (L&T) stock with an intraday target of Rs 838.

According to analysts, interested traders can purchase the stock above Rs 820 with a strict stop loss of Rs 800. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 850.


Sensex Up By 54.76 Pts; Nifty Gains 13.30 Pts

Sensex Up By 54.76 Pts; Nifty Gains 13.30 Pts Expectations of another stimulus package by the government, hopes of further rate cuts by RBI and buying activity by FIIs (foreign institutional investors), helped the stock market recover losses of the previous week.

Indian equities gained in four out of the five trading sessions of the week, which ended on January 2, 2009.

On Friday, the 30-share-index opened positively but slipped into the red after a while as some of the blue chip stocks faced stiff resistance at higher levels.


Stock Mkt Looks Hopeful Next Week, Says Vishwas Agarwal

Stock Mkt Looks Hopeful Next Week, Says Vishwas Agarwal  Indian equities welcomed the new year (2009) on a bullish note. Midcap and Smallcaps showed upbeat reaction all through the week.

The 30 share index, Sensex gained 629.3 points to 9,958.22 during the week, which ended on January 02, 2009. In contrast, the broad based NSE Nifty made 189.5 points to 3,046.75 during the same period.

During the week, Mid-cap stocks recorded 284.5 points to 3,391.18, while Smallcap shares zoomed 321.91 points to 3,870.45.


Buy Reliance Petroleum

Buy Reliance PetroleumAs per views of Karvy Stock Broking Limited, traders can purchase Reliance Petroleum (RPL) stock around Rs 92 in order to achieve a target of Rs 98 in 1-2 days.

The stop loss for the suggested counter is Rs 88. The stock pricing becomes more attractive, and reach above the said level, if the stock markets remain positive.

On Tuesday (Jan 06), the company’s shares closed at Rs 91.05, down 1.62%, on BSE. The total volume of the shares traded was 9681390. The stock has also seen 52-week high of Rs 259.80 and low of Rs 68.55 on BSE.


Sell SBI

Sell SBIStock market analysts have suggested investors to ‘sell’ State Bank of India (SBI) stock with a target of Rs 1271.

According to them, interested investors can sell the stock between Rs 1295-1300 with a strict stop loss of Rs 1320.
 
Today (Jan 07), the stock opened at Rs 1330.90, against its last closure at Rs 1324.20 on the Bombay Stock Exchange (BSE) on Tuesday (Jan 06). Current EPS & P/E ratio stood at 119.59 and 10.76 respectively. The share price has seen a 52-week high of Rs 23.87.60 and a low of Rs 991.10 on BSE.


Indian Stock Market Plummets; Sensex Slips Nearly 700 Pts

Indian Stock Market Plummets; Sensex Slips Nearly 700 PtsIndian equities continued to trade negatively on the back of heavy selling pressure seen across board.
 
The 30-share index BSE Sensex has suffered big loss due to Satyam’s announcement.

All sectors were trading in deep red. Realty and IT were among the major losers, which lost 16.72% and 9.74% respectively.

Second rung stocks also saw huge selling pressure. BSE Midcap and Smallcap index fell 7.68% and 6.66% respectively.

Today, the 30-share index, BSE Sensex opened with a gain of 89.03 points, at 10,424.96.


Nifty May Face Resistance At 3,050 Level, Says P.K. Agarwal

Nifty May Face Resistance At 3,050 Level, Says P.K. AgarwalThe Sensex lost more than 700 points on Wednesday (Jan 07) following some startling revelations made by B. Ramalinga Raju, the Chairman of Satyam Computer Services Ltd.

It came as disgusting news to market that Raju quitted after confession of fraud in company’s books.

All sectorial indices hammered badly and marked their closures on a negative note. Realty, oil & gas and IT were among the major losers, which fell 16.95%, 9.35% and 9.32% respectively.


Sensex Nosedives 221.82 Pts At 9,365.06

Sensex Nosedives 221.82 Pts At 9,365.06After witnessing a heavy fall of over 700 points on Wednesday (Jan 07), Indian equities, today (Jan 09), opened on a lower note at 9,434.85, down 152.03 points.

Consumer goods and realty stocks have taken a severe beating.

Hammered by the worst ever company scam in India, shares of Satyam Computer Services (at 10:00 a.m.) stood at Rs 13.50, down Rs 26.45 at the BSE. The scrip also touched an intra-day high of Rs 32.00 and low of Rs 11.50. On Wednesday (Jan 07), the shares declined 77.69 at Rs 39.95.


Sensex Down 126.02 Pts; TCS, HUL Surge

Sensex Down 126.02 Pts; TCS, HUL SurgeDespite easing inflationary figures, the Sensex continued to move in a sluggish manner.

Metal, realty and consumer goods traded weak, whereas IT, auto and FMCG stocks went up.

BSE Midcap and Smallcap index declined 2.73% and 3.05% respectively.

Among the sectoral indices, BSE Metal declined 6.88%, BSE Realty fell 5.17%, BSE Consumer goods lost more than 4%. But, BSE IT zoomed 2.60%, Auto and FMCG gained more than 1% each.

The 30-share index, BSE Sensex, today (Jan 09), opened on a lower note at 9,434.85, down 152.03 points.


Sensex Sheds 180.41 Pts; Nifty Down By 47.40 Pts

Sensex Sheds 180.41 Pts; Nifty Down By 47.40 Pts Despite making some moderate recovery during the final hour of closing on Friday (Jan 09), the 30-share index BSE Sensex ended the week on a negative note.

Second line stocks saw heavy selling pressure. Metal and realty stocks were hammered badly on Friday.

For the week ended December 27, India’s benchmark wholesale price index (WPI), inflation declined to 5.91 percent as compared to 6.38 percent during the last week.

During the same period of the last year, the inflation was at 3.83%.


Sensex Opens Weak; Wipro, DLF Plunge

Sensex Opens Weak; Wipro, DLF PlungeIndian stocks opened the day on a weak note following worldwide signals.

The 30-share index, BSE Sensex belled the day after losing 90.14 points at 9,316.33, as against its last closure at 9,406.47, down 180.41 points, on Friday (Jan 09).

Realty, IT and power stocks were among the major losers, while metal and consumer durables edged higher on selective buying action.

BSE Midcap and Smallcap index fell 0.33% and 0.04% respectively, as not much buying was seen in these segments.


Sensex Sheds 328.50 Pts; Nifty Down By 105.05 Pts

Sensex Sheds 328.50 Pts; Nifty Down By 105.05 Pts After opening on a dreary note at 9,316.33, 90.14 points, the 30-share index BSE Sensex fell deep into the pessimistic zone this afternoon.

The Sensex plunged on account of heavy selling pressure witnessed across frontline stocks. Second rung stocks were under pressure. Metal, realty and banking sectors posted sharp losses.    

BSE Midcap and Smallcap index lost 2.13% and 1.56% respectively.

All sectoral indices were trading in red zone. BSE Metal lost 5.51%, Realty declined 4.88%, Bankex dropped 4% and Power down by 3.61%.


Stock Mkt Is Unsafe Below 2,776 Level, Says Vishwas Agarwal

Stock Mkt Is Unsafe Below 2,776 Level, Says Vishwas AgarwalAfter trading sluggishly for the whole day, the 30-share index BSE Sensex closed the day (January 12) with a huge loss of 296.42 points at 9110.05.

In contrast, the broad-based Nifty closed at 2773.10, down 99.90 points, after touching an intra-day low of 2748.55.


Sensex Down 51 Pts At 9059.05 @ 15:10 hrs

Sensex Down 51 Pts At 9059.05 @ 15:10 hrsDuring late afternoon trade today (03:10 p.m.), the 30-share index Sensex fell deep into the negative terrain in account of heavy selling action witnessed in stocks including RCom (down 6.95%), Tata Motors (down 5.45%), HDFC (down 4.7%), Jaiprakash Associates (down 4.15%), ICICI Bank (down 4.1%), ONGC (down 3.65%), Bharti Airtel (down 3.3%), RIL (down 2.2%) and a few other frontliners,

The Sensex lost 51 points at 9059.05, while Nifty stood at 2742.20, down 30.90 points.


Stock Mkt Is Trading Below All Crucial Levels, Says Vishwas Agarwal

Stock Mkt Is Trading Below All Crucial Levels, Says Vishwas AgarwalIndian equities on Tuesday (Jan 13) ended the day on a negative note.

The BSE barometer opened weak following global cues, but better-than-expected results from technology giant Infosys turned out a good enough trigger for the stock market to make recovery after an early setback.

IT stocks outperformed, while banking, metal and oil & gas stocks went down.

Among the sectoral indices, BSE IT climbed 4.71%, whereas BSE Oil & gas, Bankex and Metal declined more than 1% each.  


Sell ICICI Bank

Sell ICICI BankStock market analysts have suggested investors to ‘sell’ ICICI Bank stock with a target of Rs 415.

According to them, interested investors can sell the stock between Rs 425-430 with a strict stop loss of Rs 438.
 
Today (Jan 14), the stock opened at Rs 440, against its last closure at Rs 426.25 on the Bombay Stock Exchange (BSE) on Tuesday (Jan 13). Current EPS & P/E ratio stood at 37.03 and 12.10 respectively. The share price has seen a 52-week high of Rs 1465 and a low of Rs 282.15 on BSE.

The near-term outlook is bearish for ICICI Bank so analysts have recommended ‘sell’ on this stock.


Sensex, Nifty trade sharply higher; ICICI Bank up 5.40% @ 10:54 hrs

Sensex, Nifty trade sharply higher; ICICI Bank up 5.40% @ 10:54 hrsAfter a positive opening, the Sensex continued its positive run on account of heavy buying action seen across several large, medium and small cap stocks.

IT, metal, oil & gas and banking stocks led the rally.

Reflecting heavy buying at several side counters, the BSE Midcap and Smallcap indices have gained 1.73% and 1.29% respectively.

The 30-share index, BSE Sensex, today (Jan 14), opened at 9,207.52 after making a gain of 136.16 points.


Cautious Trading Outlook Until Jan 20-22, Says Vishwas Agarwal

Watchful Trading View Until Jan 20-22, Says Vishwas AgarwalAfter witnessing a huge rally yesterday (Jan 14), Indian equities belled the day on a weak note following negative global cues causing a massive sell-off.  

The 30-share index, BSE Sensex opened at 9,098.08, down 272.41 points from its last closure. After few minutes of trading, Sensex slipped below the 9,000 mark.

Realty stocks hit the most followed by information technology, metal and banking sectors. The annual inflation rate is likely to be announced later today.
 


Sensex Plunges 340.99 Pts; Jaiparkash, ICICI Bank Among Major Losers @ 14:44 hrs

Sensex Plunges 340.99 Pts; Jaiparkash, ICICI Bank Among Major Losers @ 14:44 hrsDue to continued selling action in several blue chip stocks, the Sensex remained weak during late afternoon trade today.

Stocks cutting across sectors have taken a beating and those from banking, realty, information technology and metal stocks were among the worst hit.

BSE Midcap and Smallcap index fell 2.25% and 2.44% respectively.

Among the sectoral indices, BSE Bankex plummeted 6.25%, BSE Realty tumbled 6.22%, IT declined 5.46% and Metal came down by 5.23%.


Short Term Buy Call For Balrampur Chini

Short Term Buy Call For Balrampur ChiniStock market analysts have maintained ‘buy’ rating on Balrampur Chini stock with a short term target of Rs 55 in 3-4 weeks.

According to analysts, interested investors can purchase the stock between Rs 49-50 with a stop loss of Rs 45. If the stock market remains positive in the coming days, the stock pricing becomes more attractive, and reach above Rs 58 within the said time period.
 


Sensex Gains 127.75 Pts On Positive Global Cues

Sensex Gains 127.75 Pts On Positive Global CuesAfter witnessing a huge loss of over 300 points yesterday (Jan 15), Indian equities, today (Jan 16) opened the day positively after gaining 78.91 points at 9,125.65, as against its last closure in which it lost 323.75 points (3.45%).

Metal, oil & gas and banking stocks were in limelight.

A fair amount of buying was seen across midcap and smallcap segments. BSE Midcap and Smallcap index gained 0.96% and 0.62% respectively.


Sensex, Nifty Trade Sharply Higher; NTPC, REL Surge

Sensex, Nifty Trade Sharply Higher; NTPC, REL SurgeThanks to continued buying across board, the benchmark indices Sensex and Nifty have gained significant ground in the positive terrain and look strong on course to close the week on a bright note today (Friday, January 16).

Oil & gas and power stocks were in limelight while realty stocks traded weak.

Secondline stocks traded on a flat note with positive bias. BSE Midcap gained 0.45%, while Smallcap index fell 0.06%.


Sensex Up By 276.85 Pts; Nifty Gains 91.75 Pts

Sensex Up By 276.85 Pts; Nifty Gains 91.75 Pts The benchmark indices Sensex and Nifty ended sharply positive on Friday (Jan 16) on the back of sustained buying action witnessed in index pivotals.

The uptrend was powered by oil & gas stocks followed by power, metal, PSU and bank stocks. Telecom stocks surged higher on sustained buying support. Capital goods stocks rallied.

Auto, IT and FMCG stocks got well after staying quiet till a little past mid afternoon. Pharmaceutical and consumer durables stocks zoomed during late trade, while realty stocks dropped.


Short Term Buy Call For Ashok Leyland

Short Term Buy Call For Ashok LeylandStock market analysts have maintained ‘buy’ rating on Ashok Leyland stock with a short term target of Rs 16.5.

According to analysts, interested investors can purchase the stock on declines with a stop loss of Rs 14.3. If the stock market remains positive in the coming days, the stock pricing becomes more attractive, and reach above Rs 17.5.
 


It’s A Money Making Week, Says Vishwas Agarwal

 It’s A Money Making Week, Says Vishwas Agarwal Indian equities belled the week on a positive note in line with global peers.

Metal, oil and select capital goods, power segments edged higher this morning, while realty, pharma and IT went down.

BSE Midcap and Smallcap index gained 0.78% and 0.76% respectively as a host of stocks from these segments climbed on keen buying enquiries.

Asian stocks also gained led by higher commodity prices. US plans to shore up the world’s largest economy, a weaker yen boosted the positive sentiments.


Buy Entertainment Network For Short Term

Buy Entertainment Network For Short TermStock market analysts have maintained ‘buy’ rating on Entertainment Network stock with a short term target of Rs 191.

The investors can achieve the said target within a period of 4-5 weeks. So they are advised not to sell the stock before achieving this price target.

According to analysts, interested investors can purchase the stock on declines with a stop loss of Rs 163. If the stock market remains positive in the coming days, the next target for the stock will be above Rs 197.
 


Any Positive Event Will Boost Stock Mkt Outlook, Says Vishwas Agarwal

Any Positive Event Will Boost Stock Mkt Outlook, Says Vishwas AgarwalIndian equities opened the day sluggishly following negative global signals.

Among the prominent losers this morning, realty, banking, metal and oil & gas stocks topped the list with sharp losses.

Auto, power, PSU, information technology, telecom, pharma and FMCG stocks were also down.

Mirroring heavy selling action, all the sectoral indices were trading in the red zone with heavy losses.


ONGC Intraday Buy Call

ONGC Intraday Buy CallStock analysts have maintained ‘buy’ rating on ONGC stock with an intraday target of Rs 675.

According to them, interested traders can purchase the stock between Rs 658-662 with a strict stop loss of Rs 650. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 685.
 


Reliance, SBI To Set Trend Of Stock Mkt, Says Vishwas Agarwal

Reliance, SBI To Set Trend Of Stock Mkt, Says Vishwas AgarwalIndian stock market belled the day negatively after falling 2.45% during its last closure tracking depressing signs from worldwide shores sparked by fresh worries that the global banking crisis may be far from over.

The 30-share index, BSE Sensex, today (Wednesday, Jan 21) opened at 8,900 after losing 199.77 points.


Sell ICICI Bank

Sell ICICI BankStock market analysts have suggested investors to ‘sell’ ICICI Bank stock with a target of Rs 375.

According to them, interested investors can sell the stock between Rs 385-390 with a strict stop loss of Rs 409.
 
Today (Jan 21), the stock opened at Rs 381, as against its last closure at Rs 397.30 on the Bombay Stock Exchange (BSE) on Tuesday (Jan 20). Current EPS & P/E ratio stood at 37.03 and 10.28 respectively. The share price has seen a 52-week high of Rs 1300 and a low of Rs 282.15 on BSE.

In the last trading session, ICICI Bank fell by almost 4 per cent penetrating its 50-day moving average.


Sensex Nosedives 165.19 Pts; Bankex, Power, Metal Weak

Sensex Nosedives 165.19 Pts; Bankex, Power, Metal WeakThe stock market continued its run in the negative zone on account of selling pressure witnessed in blue chip stocks.

The BSE Sensex has slipped a bit deeper into the red zone this afternoon.

Banking, metal and realty stocks were the worst smacked ones among the Bombay Stock Exchange (BSE). These counters lost more than 2% each. But, FMCG sector went up.

Midcap and small cap stocks have also hit badly. BSE Midcap and Smallcap indices down 0.82% and 0.71% respectively.


DLF Intraday Buy Call

DLF Intraday Buy CallStock analysts have maintained ‘buy’ rating on DLF stock with an intraday target of Rs 190.

According to them, interested traders can purchase the stock between Rs 658-662 with a strict stop loss of Rs 175. If the stock market remains positive track, the next target for the day will be above Rs 195.

The company’s shares, on Wednesday (Jan 21), closed at Rs 181 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 2030917. Current EPS & P/E ratio stood at 15.18 and 11.49 respectively. The share price has seen a 52-week high of Rs 1004.70 and a low of Rs 145 on BSE.


Sensex Down 42 Pts At 8821; Ranbaxy, Hindalco Tumble @ 11:40 Hrs

Sensex Down 42 Pts At 8821; Ranbaxy, Hindalco Tumble @ 11:40 HrsWith the mood turning watchful, many frontline stocks have drifted lower after making a bright start.

At 11:40 a.m., the Sensex was up by 42 points at 8821, while the Nifty gained 11.35 points at 2717.50.

Realty, pharmaceutical, consumer durables and metal stocks lost their earlier gains and turned weak. Various from PSU, FMCG, auto and power stocks too have declined on account of selling pressure.


Sell Larsen & Toubro

Sell Larsen & ToubroStock market analysts have suggested investors to ‘sell’ Larsen & Toubro (L&T) stock with a target of Rs 650.

According to them, interested investors can sell the stock between Rs 665-670 with a strict stop loss of Rs 680.
 
Today (Jan 23), the stock opened at Rs 663.90 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 41.23 and 15.87 respectively. The share price has seen a 52-week high of Rs 1974.50 and a low of Rs 652 on BSE.

On Jan 22, the stock of the company lost Rs 22.75 at Rs 663.90, as against its last closure at Rs 686.65 on Wednesday (Jan 21).


Stay Away From Stock Mkt Until Global Scenario Changes, Says Vishwas Agarwal

Stay Away From Stock Mkt Until Global Scenario Changes, Says Vishwas AgarwalIndian equities on Friday (Jan 23) belled the day on a flat note with negative bias tracking global signals.

After opening at 8,804.15, down 9.69 points as against its last closure, the 30-share index, BSE Sensex moved up in the positive terrain after a few minutes of trading in the negative.

Asian stocks fell, led by technology companies and commodity producers, after Sony Corporation predict its first twelve-monthly loss in 14 years and economists predicted China’s economic system will go down further.


Sensex Nosedives 121.84 Pts; Metal, Realty Tumble @ 13:02 Hrs

Sensex Nosedives 121.84 Pts; Metal, Realty Tumble @ 13:02 Hrs The Sensex, which showed some signs of a recovery around noon, has slipped further into the negative zone on the back of continued selling action witnessed in several large, medium and small cap stocks.

Realty, metal, capital goods and power stocks plunged the most.

Mirroring the sell-off, several stocks from banking, IT and auto segments also fell sharply.

Select pharma, oil and consumer durables stocks hold on in the positive territory remained quite subdued.


Sensex Tumbles 649.24 Pts; Nifty Down 149.9 Pts During The Week

Sensex Tumbles 649.24 Pts; Nifty Down 149.9 Pts During The Week The 30 share index, Sensex lost 649.24 points to 8,674.35 during the week ended Jan 23, 2009. In contrast, the broad based NSE Nifty tumbled 149.9 points to 2,678.55 in the same period.

Sensex remained choppy throughout the week chasing weak global cues. Meager corporate earnings of top companies dragged the index in the negative zone.

On Monday (Jan 19), Sensex belled the week at 9,381.78 after making a gain of 58.19 points in line with global peers.


RBI Meet Outcome May Impact Trading This Week, Says P. K. Agarwal

RBI Meet Outcome May Impact Trading This Week, Says P. K. Agarwal   After opening negatively on Friday (Jan 23), Indian equities managed to return into the positive terrain but fell into the red once again as investors turned watchful on account of weak global reaction.

In lacklustre trading, the 30-share index BSE Sensex lost nearly 140 points amid investors awaiting fresh signals from RBI’s quarterly credit policy review scheduled for Tuesday.


Short Term Buy Call For Dish TV India

Short Term Buy Call For Dish TV IndiaStock market analysts have maintained ‘buy’ rating on Dish TV India stock with a short term target.

According to analysts, interested investors can purchase the stock on declines with a stop loss of Rs 18. If the stock market remains positive in the coming days, the stock pricing becomes more attractive, and reach above Rs 25.
 
Today (Jan 27), the company’s shares opened at Rs 18.60 on the Bombay Stock Exchange (BSE), as against its last closure at Rs 18.40 on Friday (Jan 23). The share price has seen a 52-week high of Rs 75.80 and a low of Rs 11.75 on BSE.


Sensex Opens Strong On Positive Global Signals

Sensex Opens Strong India equities opened the week on a firm note


Infosys Intraday Buy Call

Infosys Intraday Buy CallStock analysts have maintained ‘buy’ rating on Infosys stock with an intraday target of Rs 1273.

According to them, interested traders can purchase the stock between Rs 1215-1220 with a strict stop loss of Rs 1230. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1280.
 


Sensex Opens Strong On Positive Cues

Sensex Opens Strong On Positive CuesIndian stocks opened the day positively above 9,000 mark despite mixed global cues.

There are expectations that the index may see volatility in today’s session ahead of January F&O series expiry on Thursday.

Auto, banking and auto stocks gained the most.

Asian stocks opened on a mixed note as record quarterly loss at Nomura Holdings and profit estimates from Westfield Group and Boral renewed worry that the worldwide recession is rubbing out business earnings growth.

The Midcap barometer has moved up by 0.64%, while the Smallcap index has come up by 0.59%.


Above 8,950, Sensex Can Go Upto 9,350 level, Says Vishwas Agwaral

Above 8,950, Sensex Can Go Upto 9,350 level, Says Vishwas AgwaralThe Sensex continued to trade in the positive terrain on account of continued buying action witnessed across frontline stocks.

Auto, banking, FMCG, oil & gas stocks were the major gainers, while consumer durables went down. BSE Midcap and Smallcap index gained 0.48% and 0.68% respectively.

Indian stock market belled the day positively at 9,077.65 after gaining 73.57 points as against its last closure on Tuesday.


9,350 Level Is Important To Sustain For Safe Trading Zone, Says Vishwas Agarwal

9,350 Level Is Important To Sustain For Safe Trading Zone, Says Vishwas Agarwal  Equities opened on a firm note on the major Indian bourses today, following positive global sentiment ahead of January F&O expiry series.

Realty and banking stocks were among the most prominent gainers during the early trade. Metal, auto, capital goods and IT stocks have also recorded sharp gains.

Buying remained stock specific in FMCG and pharma stocks, while power and oil stocks remained subdued.


SBI Intraday Buy Call

SBI Intraday Buy CallStock analysts have maintained ‘buy’ rating on State Bank of India (SBI) stock with an intraday target of Rs 1134.

According to them, interested traders can purchase the stock on dips with a strict stop loss of Rs 1090. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1155.
 


Sensex In Positive; JP Asso Gains Over 4%

Sensex In Positive; JP Asso Gains Over 4%After slipping into the negative terrain, the 30-share index Sensex soon came back into the positive.
 
India`s benchmark wholesale price index (WPI), inflation surged marginally for the second consecutive week because of growing prices of food items, jet fuel and alcohol.

It stood at 5.64% for the week ended Jan. 17, 2009, up 4 basis points as compared to 5.60% a week ago.

The Sensex continued to trade in a lusterless way amid volatility. Selling action was witnessed in power, oil & gas and consumer durables stocks.
 


Sell ICICI Bank

Sell ICICI BankStock market analysts have suggested investors to ‘sell’ ICICI Bank stock with a target of Rs 397 as the stock is experiencing heavy selling pressure at higher levels.

According to them, interested investors can sell the stock with a strict stop loss of Rs 418.
 
Today (Jan 30), the stock opened at Rs 401, as against its last closure at Rs 408.40 on the Bombay Stock Exchange (BSE) on Thursday (Jan 29). Current EPS & P/E ratio stood at 37.03 and 10.82 respectively. The share price has seen a 52-week high of Rs 1300 and a low of Rs 282.15 on BSE.


Sensex, Nifty Move In A Tight Band; Akruti City Slips 10%

Markets In Tight Band; Akruti City Slips 10%The key benchmark indices were trading lower on heavy selling by funds following a weak global trend.

Selling pressure has emerged across most sectors and power, capital goods and pharma lead the decline.

At 11:38 a.m., the Sensex was down 45.10 points at 9,191.18 levels and the Nifty has slumped 13.45 points to 2,810.50 levels.

Mr. Shrikant Chouhan, technical analyst, Kotak Securities, said, “The overall breadth of the market remains weak but if the Nifty is able to sustain above 2,790 then it may reach 2,925 levels also.”


Markets Trade Higher; JP Asso Soars 5.46%

Markets Trade Higher; JP Asso Soars 5.46% After trading flat during the previous trading hour, the Sensex bounced back into the positive zone on the back of buying action witnessed across frontliners.

The market was trading sluggishly due to lack of cues. Oil & gas, metal and FMCG stocks went up, while select power and IT stocks declined.

BSE Midcap and Smallcap index gained 0.52% and 0.46%, respectively.

The 30-share index, BSE Sensex, today (Jan 30) belled the day at 9,111.12 after losing 125.16 points.


Sensex Gains 749.89 Pts; Nifty Up By 196.25 Pts

Sensex Gains 749.89 Pts; Nifty Up By 196.25 PtsThe 30-share index Sensex gained 749.89 points to 9,424.24 during the week ended January 30, 2009, while the broad based NSE Nifty soared 196.25 points to 2,874.80 in the same period.
 
Indian equities, which posted sturdy gains on three of the four trading sessions, showed strong performance after three successive weeks of losses.

The market got well during the week on account of positive global signals and some reasonably good numbers from India Inc.


Markets Under Pressure; DLF, HDIL, ICICI Plunge

Markets Under Pressure; DLF, HDIL, ICICI PlungeThe Sensex continued to trade weak due to sustained selling action witnessed in index pivotals.
 
In addition to weak worldwide markets, weak earnings from India Inc and lower economic data have also contributed to today’s downfall.

Realty stocks were severely hit followed by metal and banking stocks.

Merchandise exports from India shrunk 1% in December, 2008 and stood at $12.7 billion, as against $ 12.82 billion during the corresponding period of the last year.


ACC Intraday Buy Call

ACC Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on ACC stock with an intraday target of Rs 535.

According to Karvy, interested traders can purchase the stock between Rs 510-515 with a strict stop loss of Rs 505. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 540.
 


It’s Important To Sustain 9,350 Level For Further Upmove, Says Vishwas Agarwal

It’s Important To Sustain 9,350 Level For Further Upmove, Says Vishwas AgarwalIndian equities, which ended positively on Tuesday (Feb 03), belled today’s session on a higher note tracking global market trends and on expectations of an US economic stimulus plan.

The 30-share index, BSE Sensex opened after gaining 76.90 points, at 9,226.20.

Heavy buying interest has emerged in the majority of segments with metal, banking and capital goods leading the gains.


Sensex Up 128.15 Pts At 9,277.45; JP Asso, RCom, DLF Surge

Sensex Up 128.15 Pts At 9,277.45; JP Asso, RCom, DLF SurgeThe Sensex continued to trade positive this afternoon on account of heavy buying action witnessed in stocks from sectors like oil & gas, telecom, banking, technology and metal.

The buying impetus assisted the markets to remain in positive zone despite some volatility.

Shares of metal companies were in high demand following a rally in commodities in Asian markets on expectations that commodities may have bottomed out.

Midcap and small cap indices were following the same trend, and gained 0.46% and 1.13% respectively.


Market Opens Flat Amid Mixed Global Cues

Market Opens Flat Amid Mixed Global CuesIndian stock markets opened on a flat note following overnight losses in the US and mixed indications from the Asian markets.

The 30-share index, BSE Sensex opened at 9,241.56, up 39.71 points.
Metal stocks saw buying action, while realty and auto stocks declined.

At 10.04 a.m., the 30-share index Sensex was up 43.57 points at
9,245.42 after hitting a high of 9,245.42 and a low of 9,241.56. In the
meantime, Nifty gained 0.35 points at 2,803.40, after touching a high
of 2,816.80 and a low of 2,800.00. (10.04 a.m.)


Sensex Down On Profit Booking; Auto Stocks Plunged

Markets continued to trade in the negative zone on account of heavy selling action seen across bluechip stocks.
 
The benchmark indices had opened positive but in not time fell into the red zone because of mixed signals from the Asian markets.

Some buying was seen in the metal sector but other indices were under selling pressure. Auto stocks seemed to be losing the most along with consumer durables and realty stocks.

BSE Midcap and Smallcap index fell 0.51% and 0.57% respectively.

For the week ended Jan 24, 2009, India’s benchmark wholesale price index (WPI), inflation declined to 5.07%, as against 5.64% a week ago mainly because of declining costs of fruit and vegetables and manufactured goods.


Sensex Gains 210 Pts; Nifty Up By 63.05 Pts

Sensex Gains 210 Pts; Nifty Up By 63.05 PtsThe
Bombay Stock Exchange (BSE) benchmark Sensex closed the week on a
strong note as heavy buying action in key counters from refineries,
metals and banks helped it to make a hefty gain of 210 points (up
2.31%) at 9300.86.

Strong global signals amid expectations of more sops and stimulus plans
in the forthcoming interim budget led to strong buying in stocks
cutting across segments on Friday.

Mirroring investor interest at side counters, BSE Midcap and Smallcap
index rallied smartly and gained 1.43% and 1.05% respectively.


Strong Global Signals Spur Sensex To Gain 210 Pts

Strong Global Signals Spur Sensex To Gain 210 Pts The Bombay Stock Exchange (BSE) benchmark Sensex closed the week strongly on account of strong global signals amid expectations of more sops and stimulus plans in the forthcoming interim budget to be declared on February 16.

Heavy buying activity seen across refinery, metal and bank stocks assisted Sensex to make a hefty gain of 210 points (up 2.31%) to end at 9300.86.

BSE Midcap and Smallcap index rallied smartly and rose 1.43% and 1.05% respectively.


ICICI Bank Intraday Buy Call

ICICI Bank Intraday Buy CallThis is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, ICICI Bank can be purchased with the stop loss of Rs 418 to achieve the intraday target of Rs 442. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 450.


Market Opens Flat; JP Asso, REL Up Over 7%

Market Opens Flat; JP Asso, REL Up Over 7%It was a quiet beginning to trade in Indian equities markets today (Tuesday, Feb 10) with a key index belled the day on a flat note in proportion to Asian peers.

After marking its closure on a buoyant note on Monday (Feb 09), the 30-share index, BSE Sensex opened with a gain of 6.06 points, at 9,589.95 today.

After few minutes of trading, the Sensex touched a high of 9,615. Later it slipped into the negative terrain, and soon bounced back into positive


Sensex Continues Upward Journey; DLF, Rel Cap, RCom Soar

Sensex Continues Upward Journey; DLF, Rel Cap, RCom SoarAfter opening on a flat note, the Sensex continued to trade strong on account of heavy buying action witnessed across frontline stocks including DLF and Reliance Capital.

The BSE Sensex hit one-month high above the 9,700-mark on hopes that the interim budget will contain fiscal incentives to perk up sagging growth.

Realty stocks gained the most on hopes the forthcoming interim budget may include sops to the housing segment. The BSE realty index surged 5.89%, the most among sectoral indices on BSE.


TCS Intraday Buy Call

TCS Intraday Buy CallThis is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, TCS can be purchased with the stop loss of Rs 524 to achieve the intraday target of Rs 535. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 547.

Shares of the company, on Tuesday (Feb 10), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 639929. The share price has seen a 52-week high of Rs 1054 and a low of Rs 418 on BSE. The current P/E ratio is 10.92 and EPS is 48 per share.


Sensex Opens Weak; Global Cues Dampen Sentiment

 Sensex Opens Weak; Global Cues Dampen SentimentIndian stock market belled the day (Feb 11) negatively after the much-awaited U.S. financial rescue plan thwarted investors across worldwide markets.

The 30-share index, BSE Sensex opened with a loss of 185.33 points, at 9,462.14 on Wednesday.

Overnight losses in US and a weak beginning to equity markets across Europe dragged the Indian bourses lower.

At 10:04 am (IST), the BSE 30-share Sensex slipped 129.99 points at 9,517.48, after touching a high of 9,523.71 and a low of 9,459.59.


Sensex Down 70.11 Pts At 9,577.36; Tata Steel, REL Plunge

Sensex Down 70.11 Pts At 9,577.36; Tata Steel, REL PlungeExtending losses in the U.S. and European markets and weak reactions in other Asian stock markets kept Indian equities markets under pressure this afternoon.

At 01:59 p.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 9,577.36 points, 70.11 points, or 0.73% lower than its last closure.

It had opened at 9,462.14 points, lower than its last close of 9,647.47-points.


Buy DLF

Buy DLF Karvy Stock Broking Limited has maintained ‘Buy’ rating on DLF stock to achieve a target of Rs 175 within 3-4 days.

According to Karvy, day traders can purchase the stock above Rs 155. If the stock market remains on positive track, the next target will be above Rs 180. The stop loss marked for the suggested stock is Rs 142.

Shares of the company, on Wednesday (Feb 11), closed at Rs 150.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 5892639. Current EPS & P/E ratio stood at 12.67 and 12.18 respectively. The share price has seen a 52-week high of Rs 899 and a low of Rs 124.15 on BSE.


Buy Reliance Capital

Buy Reliance CapitalStock analysts have maintained ‘buy’ rating on Reliance Capital stock with an intraday target of Rs 441.

According to them, interested traders can purchase the stock between Rs 426-428 with a strict stop loss of Rs 405. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 450.


Sensex Slips Further; IT Stocks Down

Sensex Slips Further; IT Stocks DownThe key benchmark continued their downward trend today on account of losses in Asian markets and heavy selling action seen across the majority of sectors.

IT stocks were hammered badly, while stocks from the realty sector remained in the limelight.

BSE Midcap and Smallcap were up by 0.69% and 0.57% respectively.

Index of Industrial Production (IIP) and inflation data are awaited later during the day.

At 10:55 a.m., the benchmark Sensex was down 120.90 points to 9,497.64 levels. It also hit a high of 9,574.26 and a low of 9,486.52.


Sensex Down 122.70 Pts At 9,495.84; Realty, Auto Up

Sensex DownDue to heavy selling in IT, oil and gas stocks, the market slipped further downwards this afternoon.

Weak IIP numbers and the negative response on the Asian and European markets contributed to the sell-off on the stock markets.  

Index for industrial production (IIP) fell marginally to 2% during December 2008 as against 2.4% (revised) in the previous month (November 2008).

Realty and Auto stocks were trading up and gained 2.34% and 1.32% respectively.

BSE Midcap index was up by 0.41%, whereas BSE Smallcap index gained 0.84%.


Sensex Gains 333.88 Pts; Nifty Up By 196.25 Pts

Sensex Gains 333.88 Pts; Nifty Up By 196.25 PtsThe 30 share index, Sensex gained 333.88 points to 9,634.74 in the week ended Feb. 13, 2009. On the other hand, the broad based NSE Nifty gained 196.25 points to 2,874.80 in the same period.

The bulls showed strong performance on three of the five trading sessions, due to fairly strong trend on the worldwide stock markets.


Budget Announcements To Spur Stock Mkt Outlook, Says Vishwas Agarwal

Budget Announcements To Spur Stock Mkt Outlook, Says Vishwas Agarwal   Indian equities, on Friday, maintained an upbeat momentum all through the day, and closed strongly, because of positive global signals, backed by firming trends of Asian markets.

The Sensex closed at 9.634.74, up 168.91 points after touching a high of 9,695.59 and a low of 9,540.60. In contrast, the broad-based NSE Nifty gained 55.30 points at 2,948.35 after hitting a high of 2,969.75 and a low of 2,896.85.

BSE Midcap and Smallcap index rose 1.51% and 0.62% respectively


Sensex Plunges 196.71 Pts; Bank, Oil Under Pressure

Sensex Plunges 196.71 Pts; Bank, Oil Under PressureIndian equities plunged deeper in the red during mid morning trade on the back of massive selling in bank, oil, FMCG, power and metal stocks.

Profit booking was seen in PSU, capital goods, pharma and IT sectors. Select realty stocks gained some momentum on expectations of some relief in the budget for them. Auto stocks have drifted lower from their highs owing to lack of proper support. Consumer durable stocks also looked dim.

Trade was muted as investors were cautious before the interim budget for FY10 to be declared today.


Sensex, Nifty In Red; Realty, Bank, Metal, Power Plunge

Sensex, Nifty In Red; Realty, Bank, Metal, Power PlungeIndian stock continued to trade negatively with bankex, realty capital goods, metal and power stocks lost more than 4% due to disappointment from the interim general budget for 2009-2010.

With Pranab Mukherjee, minister of external affairs, not declaring any incentive for the sick zone through the interim budget, capitalists have gone on a selling spree in key realty stocks.

Realty stocks, which saw good buying interest in morning on hopes of some incentives from the budget, plunged deep into red in afternoon trade.


Sell Idea Cellular

Sell Idea CellularKarvy Stock Broking Limited has suggested investors to ‘sell’ Idea Cellular stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock around Rs 49.50 with a strict stop loss of Rs 52.50 to achieve an intraday target of Rs 45.

Karvy feels that Idea stock would remain under high pressure due to existing market condition.


Sensex Down 203.48 Pts; Realty, Bankex At The Forefront

 Sensex Down 203.48 Pts; Realty, Bankex At The ForefrontIndian stock market, which opened weak following negative global sentiment, continued its downward movement on account of heavy selling action in stocks cutting across sectors.

After closing negatively after a fall of 329.29 points (3.42%) on Monday (Feb 16), the 30-share index, BSE Sensex, today (Feb 17), opened at 9,213.40, down 92.05 points. US markets remained closed for Presidents Day holiday on Monday, February 16.

In today’s session, markets remained weak following yesterday’s non-eventful budget that failed to boost investors’ reaction.


Sensex Below 9100; Realty, Banks Worst Hit @ 13:48 hrs

Sensex Below 9100; Realty, Banks Worst Hit @ 13:48 hrsIndian stock market continued to remain weak as traders booked positions after non-eventful budget failed to boost investors’ reaction.

Moreover, depressing Asian markets also have contributed to the sharp fall this afternoon.

At 13:48 hrs, the Sensex lost 2.87% or 267.25 points at 9038.20, slightly off a low of 9022.67 it had touched a little while ago. Meanwhile, Nifty lost 81.65 points at 2766.85.


Sell SBI

Sell SBIStock market analysts have suggested investors to ‘sell’ SBI stock as there are full chances of a downward trend in this stock.

According to them, investors can sell the stock with a strict stop loss of Rs 1121 to achieve an intraday target of Rs 1082.

Analysts feel that SBI stock would remain under high pressure due to existing market condition. The stock also remained weak on Tuesday (Feb 17), closing below its 21-day moving average.


Sensex Trades Flat; Realty, Banks Down

Sensex Trades Flat; Realty, Banks DownAfter opening below 9,000 mark, the Sensex moved upward and hit a high of 9,100.36 to again fall into the negative zone due to lack of support at higher levels.

After trading few minutes in the negative terrain, the index moved up to trade on a flat note. Selling pressure has emerged in realty, banking and consumer durables stocks.  

At 10:50 a.m., the 30-share index Sensex was trading at 9,046.23, up 11.23 points (0.12%). In the broader markets, the Nifty has gained 5.85 points (0.21%) at 2,776.35.
 


Buy DLF

Buy DLFKarvy Stock Broking Limited has maintained ‘Buy’ rating on DLF stock to achieve a target of Rs 165 within 1-2 days.

According to Karvy, day traders can purchase the stock between Rs 155-157 with a stop loss of Rs 150. If the stock market remains on positive track, the next target for the stock will be above Rs 168.

Shares of the company, on Wednesday (Feb 18), closed at Rs 158.70 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 8796462. Current EPS & P/E ratio stood at 12.67 and 12.77 respectively. The share price has seen a 52-week high of Rs 899 and a low of Rs 124.15 on BSE.


Sensex Up Marginally; Realty, Bank, Capital Good Surge

Sensex Up Marginally; Realty, Bank, Capital Good SurgeAfter opening with a small gain of 19.72 points, Indian equities continued to trade marginally higher with selective buying and selling seen across some of the pivotal stocks.
 
For the week ended Feb 7, 2009, India’s benchmark wholesale price index (WPI), inflation fell below 4% to 3.92%, as compared to 4.39% during the last week, mainly because of declining worldwide crude oil prices

The annual inflation rate was 4.98 per cent during the corresponding week of the previous year.


Sensex Down 199.42 Pts At 8,843.21; ICICI Bank, RCom, TCS Plunge

Sensex Down 199.42 Pts At 8,843.21; ICICI Bank, RCom, TCS PlungeIndian equities on Friday ended the week on a negative note below the psychological 9000-mark. This was Sensex’s lowest closure in a month, joining a global market fall after depressing U.S. economic data indicated a deeper recession that would hurt global economic systems.
 
The market witnessed heavy selling pressure all through the day with BSE Bankex hit the most.

The top losers among the sectoral indices included Bankex, which lost 3.49%, IT declined 2.69%, Metal lost 2.67%, Tech down 2.21% and Oil & Gas was down by 2.17%.


Sensex Opens Negative On Weak Cues; DLF, ICICI Bank Down Over 3%

 Sensex Opens Negative On Weak Cues; DLF, ICICI Bank Down Over 3%Indian stock markets opened negatively on the back of weak global signals ahead of F&O expiry for the month of February.

Fall
in the US markets and a weak start to equity markets across Asia also
added to the pessimism witnessed in early trade today.

Heavy
selling action was seen across all sectoral indices. Bankex (-3.49%),
IT (- 2.69%) and Metal (-2.67%) were among the worst hit sectors.

Broader indices like BSE Midcap and Smallcap were also trading weak by 1.64% and 1.66% respectively.

The


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Buy Grasim Industries

Buy Grasim IndustriesKarvy Stock Broking Limited has maintained ‘Buy’ rating on Grasim Industries stock to achieve a target of Rs 1440 within 1-2 days.

According to Karvy, day traders can buy the stock above Rs 1400. If the stock market remains on positive track, the next target will be above Rs 1442. The stop loss marked for the suggested stock is Rs 1375.


Buy KS Oils

Buy KS OilsKarvy Stock Broking Limited has maintained ‘Buy’ rating on KS Oils stock to achieve a target of Rs 48 within 1-2 days.

According to Karvy, day traders can buy the stock above Rs 46 with a stop loss of Rs 44.50. If the stock market remains on positive track, the next target will be above Rs 47.  

Shares of the company, on Wednesday (Feb 25), closed at Rs 44.40 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 922666. Current EPS & P/E ratio stood at 4.67 and 9.46 respectively. The share price has seen a 52-week high of Rs 101 and a low of Rs 30 on BSE.


Sensex Trading Below 8800; Ranbaxy Down Over 14%

Sensex Trading Below 8800; Ranbaxy Down Over 14%After opening on a weak note this morning, Indian equities fell further on the back of heavy selling pressure seen across all sectoral indices.

Bankex (-3.40%), Realty (- 2.39%), Metal (1.44%) and Consumer Durables (-1.42%) were among the worst hit sectors.
 
The BSE Sensex was moving aimlessly ahead of monthly derivatives expiry, with hopes for rate cuts tempered by mixed Asian markets.

After opening positive, broader indices including BSE Midcap and Smallcap were also trading weak by 0.59% and 0.81% respectively.


Sensex Slumps; Banking Worst Hit

Sensex Slumps; Banking Worst Hit Indian stock markets were trading on a flat note this afternoon offsetting hopes of an additional cut in policy rates by the central bank (RBI) actuated by a reduction in inflation to a 15-month low.

For week ended February 14, inflation fell to 3.36% as against 3.92% during the last week.

Heavy selling action was witnessed across banking stocks, which fell more than 2%.


Sell Axis Bank

Sell Axis BankKarvy Stock Broking Limited has maintained ‘Sell’ rating on Axis Bank stock to achieve a target of Rs 330 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below 322, it may see more weakness.

According to Karvy, investors can sell the stock below 350 with a strict stop loss of Rs 360.

After selling the stock today, the interested investors can buy the stock again, but only on declines. The long term investors should stay invested to reap higher returns.


Sensex Trading Below 8800 On Weak GDP Data

Sensex Trading Below 8800 On Weak GDP DataThe 30-share Sensex continued to trade weak with selling pressure seen across all the sectoral indices. There were no gainers in the sectoral indices. BSE Realty, IT and Oil & Gas and Metal were hammered badly.

Weak industrial production figures also added to the weak outlook on the major bourses, which were already reeling under heavy pressure after a weak start this morning. Negative closing of the US markets and weak Asian markets also weighed sentiments.

Mirroring widespread selling BSE Midcap and Smallcap were also down by 0.66% and 0.38% respectively.


BSE Sensex Closes 63.25 Pts Lower; NSE Nifty At 2,763

BSE Sensex Closes 63.25 Pts Lower; NSE Nifty At 2,763After opening the day on a flat note, Indian equities closed the week on a negative note with Realty stocks being hit the most.  

After the announcement of depressing GDP numbers, the 30-share BSE Sensex slipped further downwards.

A fag-end buying assisted Sensex to recover the majority of its heavy losses but still closed down by 63 points.

Bears spared midcap and smallcap counters. The BSE Midcap index fell 0.04%, whereas Smallcap index lost 0.22%.


Sensex Tanks 64.35 Pts At 2,699.30; Bankex, Metal Among Worst Hit

Sensex Tanks 64.35 Pts At 2,699.30; Bankex, Metal Among Worst HitIndian equities markets belled the week on a negative note with a key index 2.36% lower than its previous closure on Friday (Feb 27).

Markets were down following heavy selling pressure witnessed across metal and banking stocks. The melting Asian markets added to the negative sentiment.

Brokers said that the stock market opened lower tracking a reduction on the other Asian equity markets after the US stocks fell to 12-year lows on Friday on deepening economic fears.


Sensex Slips Further; REL, Tata Steel, RCom Tumble

Sensex Slips Further; REL, Tata Steel, RCom TumbleThe 30-share BSE Sensex continued to trade negative with heavy selling activity seen across all the sectoral indices.

Banking and Metal stocks were hammered badly.

Meanwhile, BSE Bankex (4.18%), Metal (3.44%), IT (2.71%) and Oil&Gas (2.52%) were among major losers in the sectoral indices.

BSE Midcap and Smallcap declined 1.58% and 1.24% respectively.


Sensex, Nifty Open Negative On Weak Global Signs

Sensex, Nifty Open Negative On Weak Global SignsThe Bombay Stock Exchange sensitive index, which opened at 8,583.06 today (March 03), declined further to 8,535.08 after hitting high of 8,619.09 and a low of 8,531.40 at 10:10 a.m.

Meanwhile the broad based Nifty lost 13.35 points at 2,661.10 after touching a high of 2,679.10 and a low of 2,654.35.

Indian equities belled the day negatively on funds selling, tracking weak global signals. There was heavy selling across Banking and Consumer Durables stocks.

In the meantime, Auto stocks also saw marginal buying activity.


Sensex, Nifty Trade Flat Amidst Volatility

Sensex, Nifty Trade Flat Amidst VolatilityAmidst volatility, Indian equities were trading on a flat note this afternoon.

Realty and Oil & Gas stocks witnessed heavy buying action, while sustained selling pressure was seen across Consumer Durables stocks.

BSE Midcap and Smallcap slipped 0.41% and 0.29% respectively.

At 2:00 p.m., the 30-share index Sensex gained 23.72 points at 8630.80.

Meanwhile the broad based Nifty stood at 2,686, up 13.10 points. It also hit a high of 2,687.45 and a low of 2,653.25.


Buy Grasim Industries For 2-3 Days

Buy Grasim Industries For 2-3 DaysKarvy Stock Broking Limited has maintained ‘Buy’ rating on Grasim stock to achieve a target of Rs 1450 within 2-3 days.

According to Karvy, day traders can buy the stock between Rs 1350-1360 with a stop loss of Rs 1300.

Shares of the company, on Tuesday (Mar 03), closed at Rs 1362.05 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 210.60 and 6.57 respectively. The share price has seen a 52-week high of Rs 2930 and a low of Rs 831 on BSE.


Sensex, Nifty In Red; Realty, Metal, IT Surge

Sensex, Nifty In Red; Realty, Metal, IT Surge Indian equities markets, which opened positively at 8,473.25 on Wednesday, slipped back into the red around noon with a key index 0.11% down its previous closing figure.

The stock markets were trading in a listless mode with buying and selling seen across selective stocks.  

At 1:00 p.m., the 30-share index Sensex (BSE) stood at 8,417 points, 9.58 points lower than its previous close.

Similarly, the S&P CNX Nifty index of the National Stock Exchange (NSE) lost 14.95 points at 2,636.95.


Lanco Infratech Intraday Buy Call

Lanco Infratech Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on Lanco Infratech stock with an intraday target of Rs 121.50.

According to Karvy, interested traders can purchase the stock between Rs 114-116 with a strict stop loss of Rs 110. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 123.
 
Shares of the company, on Wednesday (March 05), closed at Rs 114.15 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 11.49 and 10.23 respectively. The share price has seen a 52-week high of Rs 589 and a low of Rs 83.10 on BSE.


Rate Cuts By Central Bank May Help In Relief Recovery, Says Vishwas Agarwal

Rate Cuts By Central Bank May Help In Relief Recovery, Says Vishwas AgarwalIndian stock markets opened strong as the central bank slashed the repo and the reverse repo rate by 50 basis points to 5% and 3.5% on Wednesday.

The 30-share index, BSE Sensex belled the day above 8,500 mark at 8,535.03, up 88.54 points, as against its last closure in which it closed with a gain of 19.20 points (0.23%).

Among sectoral indices, the major gainers list included BSE Realty, Metal and Bankex.


Sensex Down Over 88 Pts; Sun Pharma, TCS, Wipro Dip

Sensex Down Over 88 Pts; Sun Pharma, TCS, Wipro DipThe 30-Share Sensex continued its bearish trend with forceful selling action seen across FMCG and Banking stocks.

Indian equities started the day on a firm note on key rate cuts by the central bank, but failed to maintain the gains and reacted downwards in late morning trade on economic fears.

For the week ended Feb. 21, 2009, inflation fell further by 33 basis points to 3.03%, as against 3.36% during the last week.


Buy Maruti Suzuki For 2-3 Days

Buy Maruti Suzuki For 2-3 DaysKarvy Stock Broking Limited has maintained ‘Buy’ rating on Maruti Suzuki stock to achieve a target of Rs 685 within 2-3 sessions.

According to Karvy, day traders can buy the stock between Rs 650-655 with a stop loss of Rs 640.

Shares of the company, on Thursday (Mar 05), closed at Rs 667.60 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 44.38 and 14.42 respectively. The share price has seen a 52-week high of Rs 945.55 and a low of Rs 428.40 on BSE.


Sensex Up 29.68 Pts; ICICI Bank, HDFC Bank, L&T Surge Over 3%

Sensex Up 29.68 Pts; ICICI Bank, HDFC Bank, L&T Surge Over 3%After opening with a loss of 94.17 points, at 8,103.75, the BSE Sensex bounced back in the positive zone with sharp buying seen across Banking and Capital Goods stocks.

The top gainers in the sectoral indices included BSE Bankex (2.27%), Capital Goods (1.18%) and IT (0.91%). On the other hand, FMCG (-2.02%), Health Care (-1.58%) and Auto (-0.89%) were top losers in the 30-share index.

Investors continued to offload midcaps and smallcaps from their portfolio. BSE Midcap and Smallcap were lower by 0.89% and 1.12% respectively.


Sensex Ends Up 127.90 Pts; Nifty Gains 43.45 Pts

Sensex Ends Up 127.90 Pts; Nifty Gains 43.45 PtsIndian equities closed the week on a positive note. Fag-end buying in sectors including IT, metals and refinery stocks assisted the benchmark Sensex to close up 128 points.

After gaining over 3%, IT stocks topped the list among sectoral indices. IT sector remained in the forefront following a continued fall in the Indian current to near the 52 level as compared to US dollar as big portion of their income comes from abroad.


Weekly Wrap: Sensex Sheds 565.79 Pts

Weekly Wrap: Sensex Sheds 565.79 Pts For the week ended Mar 6, 2009, the 30 share index, Sensex lost 565.79 points (6.36%) to settle at 8,325.82, while the broad based NSE Nifty sank 143.5 points (5.19%) at 2,620.15 during the same period.

During the week, mid-cap stocks declined 171.99 points at 2,586.30. The small-cap shares dropped 194.28 points (6.25%) at 2,911.73.

The easing inflation, which dropped by 33 basis points to 3.03%, and administration’s stimulus of cut in interest rate by 50 basis points failed to boost investor reaction in the markets.


Sensex Ends Below 8200 Mark; Realty Down Over 3%

Sensex Ends Below 8200 Mark; Realty Down Over 3%The 30-share index BSE Sensex closed the day on a negative note owing to continued selling pressure witnessed across index heavyweights including J P Associates, State Bank Of India and DLF.

The stock market remained weak throughout the day following the global weakness, as unabated concerns over further declining of US and European economies continued to weigh on investor reaction.

The rejection was followed by lower volumes, as traders restricted activity because of holidays on Tuesday and Wednesday on account of “Id-E-Milad” and “Holi”.


Nifty’s Opening On Thursday May Depend Upon Global Signs, Says Avinash Gupta

 Nifty Is Consolidating In 2,650-2,550 Range, Says Avinash GuptaIndian equities on Monday (March 09) ended the day sluggishly on account of continued selling pressure, global weakness as unabated fears over further slump of US and European financial systems continued to weigh down investors response.

Realty, FMCG and realty stocks were the major losers of the day. BSE Realty, which was down by 3.21%, remained top losers among sectoral indices.


Buy Reliance Industries

Buy Reliance Industries Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Industries stock to achieve a target of Rs 1200-1220 within 1-2 days.

According to Karvy, day traders can buy the stock below Rs 1150 with a stop loss of Rs 1125.

Shares of the company, on Monday (Mar 09), closed at Rs 1153.85 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 99.41 and 11.92 respectively. The share price has seen a 52-week high of Rs 2706 and a low of Rs 930 on BSE.


Bulls In Action; Sensex Zooms 114.38 Points

Bulls In Action; Sensex Zooms 114.38 PointsAfter a two-day break, the Sensex advanced in early trade in a catch-up rally because of continued buying action witnessed IT and FMCG stocks.

Industrial output data is likely to be declared today.

BSE Midcap and Smallcap index gained 0.56% and 0.52% respectively.

Sudhanshu Pandey, technical analyst with LKP Shares, said, “The markets are witnessing a technical bounce. Investors should avoid bottom fishing at this stage.”


Sensex Gains 212.51 Pts; ICICI Bank Zooms Over 8%

Sensex Gains 212.51 Pts; ICICI Bank Zooms Over 8%Despite weak opening of European markets, Indian equities extended their gains this afternoon, with a key index ruling about 2.60 per cent higher than its previous close an hour before the closing bell.

However, inflation and IIP figures backed the market reaction.

Industrial production slipped by 0.5% in January 2009 despite stimulus packages declared by the administration to defend against the impact of worldwide slump.

This is the third time repeatedly where IIP contracted during this fiscal.


Sensex Opens Positive On Strong Global Cues

Sensex Opens Positive On Strong Global CuesIndian markets surged during the opening hours due to overnight gains in the US and a strong opening of the Asian equity markets.

Realty and banking stocks were leading the upmove after gaining more than 3% each.

The BSE midcap index was ruling 1.78 per cent higher, while the BSE smallcap index was up 1.04 per cent.

The Bombay Stock Exchange's Sensex opened at 8,480.74, up 136.99 points or 1.64 per cent from the previous day's close.


Sensex Ends 412.86 Pts Up; Nifty Gains 101.80 Pts

Sensex Ends 412.86 Pts Up; Nifty Gains 101.80 PtsAfter starting the day positively, the 30-share index BSE Sensex ended the week on a strong note following a surge in worldwide markets.

The continued buying support in realty, banking, metal and IT stocks assisted the market to gain throughout the day, and closed on a strong note.

Second line stocks also performed well. BSE Midcap and Smallcap index gained 2.96% and 1.97% respectively.

Amongst the sectors, BSE Realty was the major gainer, which gained 7.57% followed by Metal zoomed 6.26%, Bankex surged 5.85% and IT moved up 5.63%.


FIIs Back In Action; Sensex Up 412.86 Pts

FIIs Back In Action; Sensex Up 412.86 PtsThe benchmark Sensex, on Friday (March 13), marked its closure after making a gain of 412.86 points at 8,756.61, which is its highest gain in the current calendar year. The
30-share index achieved this on the back of all-round buying action witnessed across stocks, strong global signals despite sustained capital outflows.

On the other hand, the broad based NSE Nifty grew by 101.80 points (3.89%) at 2,719.25 on Friday. In the week ended March 13, 2009, Sensex surged 430.79 points to


Stock Mkts Likely To Be Volatile On Monday, Says Vishwas Agarwal

Stock Mkts Likely To Be Volatile On Monday, Says Vishwas AgarwalThe Sensex rallied around 5% on Friday to register its biggest increase during the last three months on account of hopes for a recovery in the battered US banking system boosted investor confidence throughout the world.


Sensex, Nifty Continue To Trade Flat; IT Stocks Down

Sensex, Nifty Continue To Trade Flat; IT Stocks DownMarkets have started off on a flat note with a negative bias because of weak mixed signals from the US and the Asian markets.

Later, Sensex went up into the positive zone and again dropped into the pessimistic zone to trade on a flat note.

With positive bias, second rung stocks also traded on a flat note.

While buying is seen in realty and metal stocks, selling pressure has emerged in IT counters.


Above 8,786, The Next Target Levels Are 9,150 & 9,250, Says Vishwas Agarwal

Above 8,786, The Next Target Levels Are 9,150 & 9,250, Says Vishwas AgarwalAfter rallying for three successive days, the Sensex, on Tuesday (Mar 17), ended the day on a negative note followed by banking, IT and oil & gas stocks.

Among the BSE Sectoral indices BSE IT index remained the top loser, the index declined 2%. Among the other major losers were BSE Bankex index (down 1.6%), BSE Oil & Gas index  (down 1.3%) and BSE Teck index (down 1.2%).

After opening at 8,942.01, down 1.53 points, BSE Sensex remained lackluster all through the day. It also hit a high of 9,024.12.


Sensex Regains 9K Mark On Strong Buying

Sensex Regains 9K Mark On Strong BuyingAfter belling the day on a strong note at 8,956.30, up 92.48 points, the Sensex keep on extending its gains on the back of steady buying in metal, banking and realty stocks.

Buying interest has emerged across the board with realty, metal and banking stocks leading the gains.

BSE Midcap and Smallcap index gained 2.63% and 2.16% respectively.


Equities Open Positive; DLF, JP Asso, ICICI Bank Surge

Equities Open Positive; DLF, JP Asso, ICICI Bank Surge  Indian equities opened on a positive note on the back of optimistic global signals and Federal Reserve decision to buy up to $300 billion in long-term U.S. government bonds to boost the nation's economic system.

The stocks from consumer durables, banking and realty sectors were trading up with marginal gains.

Inflation numbers are set to release today.

BSE Midcap and Smallcap index gained 1.05% and 1.01% respectively.


Sensex Up 62.15 Pts At 9,038.83; Realty, IT, Oil & Gas Lead Rally

Sensex Up 62.15 Pts At 9,038.83; Realty, IT, Oil & Gas Lead RallyThe Sensex remained positive on continued buying activity across key frontline stocks.

Positive opening of European markets also backed the overall market reaction.

For the week ended March 7, 2009, India`s benchmark wholesale price index (WPI), inflation declined sharply to 0.44% as against 2.43% during the last week.

It was at 7.78% during the corresponding week the previous year.


Sensex Opens On A Bleak Note; Banks, Realty Down

Sensex Opens On A Bleak NoteWith a bleak opening, the BSE Sensex is likely to halt a two-day rise in today’s session.

Overnight losses in the US and mixed signals from the Asian markets hit the Indian equities at the opening time.

Realty stocks were hammered badly followed by banking and consumer goods.

BSE Midcap was also down by 0.24%, while Smallcap index lost 0.05%.

The 30-share index, BSE Sensex, today (Friday Mar 20) opened at 8,951.34, down 50.41 points.


Sensex Ends Below 9K Mark; Recovers From Intra-Day Lows

Sensex Ends Below 9K Mark; Recovers From Intra-Day LowsThe Bombay Stock Exchange 30-share sensitive index, Sensex, closed below the 9000-level even as the market recovered from its intra-day lows on hopes that the central bank will provide more relaxation in the monetary plan.

The BSE Sensex marked its closure at 8966.68 after losing 35.07 points as against its last close on Thursday.

The market also hit a low of 8867.13 on the back of mixed movements in worldwide markets.


RIL Intraday Buy Call

RIL Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries (RIL) stock with an intraday target of Rs 1465.

According to Karvy, interested traders can purchase the stock between Rs 1425-1430 with a strict stop loss of Rs 1415. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1470.
 


Sensex Up 137.23 Pts At 9608.27; Realty, Oil & Gas Surge

Sensex Up 137.23 Pts At 9608.27; Realty, Oil & Gas SurgeBenchmarks were trading on a choppy note with a positive bias ahead of March F&O series expiry and meager performance by the worldwide markets.

Real estate, oil & gas and metal frontline stocks were the major gainers.

At 1:45 pm, Bombay Stock Exchange’s Sensex gained 137.23 points (1.45%) at 9608.27. The index hit an intra-day high of 9648.67 and low of 9430.45.

In the meantime, the broad based Nifty stood at 2966.65, up 27.95 points (0.95%) after touching an intra-day high of 2987.30 and low of 2923.30.


Buy Reliance Industries

Buy Reliance IndustriesKarvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries (RIL) stock with an intraday target of Rs 1550.

According to Karvy, interested traders can purchase the stock between Rs 1520-1525 with a strict stop loss of Rs 1510. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1555.
 
Shares of the company, on Wednesday (March 25), closed at Rs 1533.40 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 99.41 and 15.52 respectively. The share price has seen a 52-week high of Rs 2706.60 and a low of Rs 930 on BSE.


Sensex Up 154.42 Pts; BHEL, L&T, ITC Surge

Sensex Up 154.42 Pts; BHEL, L&T, ITC SurgeBetter than expected inflationary figures and continued buying action across bluechip stocks assisted Sensex to stay in the positive terrain.

Yesterday’s major performer realty hammered badly today while consumer goods, power, metal and auto stocks topped the gainers list.
 
BSE Midcap and Smallcap index surged 0.94% and 0.96% respectively.

For the week ended March 14, 2009, the country’s benchmark wholesale price index (WPI), inflation declined further to 0.27% as against 0.44% during the last week.


RCom Long Term Buy Call

RCom Long Term Buy Call Techncal analyst Anand Rathi maintained ‘buy’ rating on Reliance Communications (RCom) stock with a long term target of Rs 260.

According to Mr. Rathi, interested investors can buy the stock with a strict stop loss of Rs 150.

Today, the company’s shares opened at Rs 170, as against its last closure at Rs 168.75 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 8.36 and 20.47 respectively. The share price has seen a 52-week high of Rs 608.85 and a low of Rs 131.35 on BSE.


Sensex Ends Week Above 10000; Nifty Above 3100

 Sensex Ends Week Above 10000; Nifty Above 3100The Bombay Stock Exchange (BSE) Sensex closed the week with a marginal gain of 45.39 points at 10,048.

Friday (March 27) turned the second successive day that the 30-share benchmark marked its closure above 10,000-mark.

In actual fact, this was a week of heady gains, which spurts Sensex around 12% (1,081 points) in the last five sessions.

The 30-share-index Sensex is now 25% (2,001 points) up from its recent low of 8,047, which it hit on March 6.


Buy Tata Steel

Buy Tata SteelKarvy Stock Broking Limited has maintained ‘Buy’ rating on Tata Steel stock to achieve a target of Rs 232 within 1-2 days.

According to Karvy, day traders can buy the stock between Rs 216-218 with a stop loss of Rs 212.

Shares of the company, on Friday (March 21), closed at Rs 223.50 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 67.73 and 3.12 respectively. The share price has seen a 52-week high of Rs 925 and a low of Rs 146.35 on BSE.


Sensex Breaks 10K Lead By Realty, Bankex, Metal, IT

Sensex Breaks 10K Lead By Realty, Bankex, Metal, ITContinued selling pressure seen across frontline stocks dragged the Sensex deep into the negative terrain.
 
Banking, realty and metal stocks remained under huge pressure.

Amongst the sectoral indices, BSE Bankex and Realty lost more than 5% each, Metal fell 4.87% and IT dropped 3.37%.

Some selling also emerged in the broader markets. BSE Midcap Index was down 0.64% while BSE Smallcap Index moved 0.24 per cent lower.

Today, (Monday, March 30), the 30-share index, BSE Sensex belled the week at 9,902.35 after losing 146.14 points.


Unitech Intraday Buy Call

Unitech Intraday Buy CallStock market expert  has maintained ‘Buy’ rating on Unitech stock to achieve an intraday target of Rs 36.50.

According to him, day traders can buy the stock around Rs 34 with a stop loss of Rs 33.50.

Shares of the company, on Monday (March 30), closed at Rs 33.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 5.62 and 6.25 respectively. The share price has seen a 52-week high of Rs 338 and a low of Rs 21.80 on BSE.


Sensex, Nifty Remain Positive; Realty, IT, Metal, Healthcare Surge

Sensex, Nifty Remain Positive; Realty, IT, Metal, Healthcare SurgeThe Sensex gained further ground as realty, healthcare, capital goods, metal and IT stocks extended gains.

At 12:54 p.m., the BSE 30-share Sensex was up 178.50 points at 9,746.64, after hitting a high of 9,758.56 and a low of 9,547.21.

The S&P CNX Nifty was trading above the psychological 3,000 mark. Today, the broad based Nifty regained the 3K level. It fell below that level on Monday after a steep slide in stocks caused by a setback in worldwide stocks.


Buy Tata Steel For 1-2 Days

Buy Tata SteelKarvy Stock Broking Limited has maintained ‘Buy’ rating on Tata Steel stock to achieve a target of Rs 215 within 1-2 days.

According to Karvy, day traders can buy the stock between Rs 202-203 with a stop loss of Rs 197. 

Shares of the company, on Tuesday (March 31), closed at Rs 206 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 67.73 and 3.08 respectively. The share price has seen a 52-week high of Rs 925 and a low of Rs 146.35 on BSE. 

The stock also performed well on Tuesday, and there are full chances that the stock can achieve the target within the said period.


Sensex Up 66.36 Pts At 9,774.86; Ranbaxy, HDFC, DLF, RCom Surge

 Sensex Up 66.36 Pts At 9,774.86; Ranbaxy, HDFC, DLF, RCom Surge The Sensex continued to trade strong on constant buying activity witnessed across frontline stocks.

The top performers of the day were realty, IT, consumer durables and metal stocks, where healthcare remained weak.

Secondline stocks were also in public interest. 

Mirroring strong buying action, BSE Midcap and Smallcap index also gained 1.45% and 2.36% respectively. 


Bulls Push Sensex Up 300.34 Pts During Week

Bulls Push Sensex Up 300.34 Pts During Week Bulls, supported by strong worldwide stock markets, continued to have an advantage at the Indian equities markets for the fourth successive trading week closed on Thursday (March 02), with Sensex surging around 3 per cent from its last week’s closure.

On Friday (March 03), stock markets remained closed on account of Ram Navami.

The 30-share index BSE Sensex, on Thursday, closed with a gain of 300.34 points at 10,348.83 as against its e previous week's close of 10,048.49 points.


Bullet Advisory Indian Stocks Weekly-Pre-election rally materializes by default courtesy G-20 meet

BSE SensexBSE Sensex (10357.47) and Nifty (3211.05) closed 3.0% and 3.3% up respectively last week. Nifty Put Call Ratio was 1.67. Nifty April 3200 Call Option was very active. .Support for Sensex is at 9780 and Nifty at 3040. Resistance for Sensex is at 11000 and Nifty is at 3400. Inflation was at 0.31 v/S 0.27 last week. Crude oil was at 51.00$.

Market rose ahead of G-20 meet on anticipation that majors economies will resolve the global financial crisis. Indian Stock Market will remain closed on Third, Seventh and Tenth April, 2009 because of festive holidays. RNRL and MRPL added Open Interest in April Series.


NIFTY April 3200 Call Option Is Very Active

NIFTY April 3200 Call Option Is Very ActiveThe Nifty level of 3,150, which witnessed strong resistance during March 2009, is likely to act as a strong support level now as options traders were seen writing strike puts at 3,100-3,200.

In actual fact, call options traders anticipate the Nifty to go up further in today’s trading session and close above 3,250 levels, as is clear from their buying 3,300-3,500 strike calls on hopes that the existing thrust is expected to continue in the coming time.


NIFTY April Futures At 11 Points Premium

NIFTY April Futures Premium Up To 11 Point; Adds Open Interest By 15 lacsIndian stock markets are beginning to look more bullish in proportion to the majority of the worldwide indices.

After a hefty fall on March 30, stock markets re-started the upward journey once again as foreign funds were seen purchasing with renewed energy. The build up in F&O segment also hints bullishness will persist in the coming time.


Marico expected to register 24% surge in March quarter sales: Motilal Oswal

Motilal-OswalIn a latest report, Motilal Oswal, one of the leading stock research firms in India, revealed that Beauty and wellness company Marico's March quarter sales are expected to go up by 23.6% to Rs 578 crore on Y-o-Y basis.

In addition, the company's net profit is also expected to surge by 22% to Rs 36.8 crore on Y-o-Y basis.

It may be noted that apart from Motilal Oswal, many market analysts are also positive on Marico's upcoming results.


Tata Tea to register 10% growth in March quarter sales: Motilal Oswal

tata-tea

Motilal Oswal, one of the leading equity research and broking houses of India, has come out with earnings estimates for Tata Tea for the quarter ended March 2009.

According to the research conducted by the firm, Tata Tea, the Largest Tea manufacturing company in India, is expected to register 9.7% growth in March sales to Rs 1291.4 crore on Y-o-Y basis.

In addition, the company's net profit is also predicted to go up by 18.6% to Rs 80.8 crore on Y-o-Y basis.


Nestle expected to post 18% jump in Net profit: Motilal Oswal

NestleMotilal Oswal Financial Services, one of India's leading stockbroking and research firm, has come out with earnings estimates on FMCG sector for the quarter ended March 2009.

The company in its latest research report revealed that Nestle's March quarter sales are expected to go up by 18.7% to Rs 1295.4 crore on Y-o-Y basis.

In addition, Motilal Oswal predicated Nestle's net profit to go up by 18.5% to Rs 201.5 crore on Y-o-Y basis.


Stock Market RoundUp - Nirmal Bang

Stock Market RoundUp - Nirmal BangMarket Round Up

The markets continued their positive momentum amid volatility. The Sensex closed up 186 points or 1.80% at 10534 and the Nifty was up 45 points or 1.42% at 3,256. Great action was seen in the BSE midcap and smallcap indices, which were up 2.4% and 3.2% respectively.

Buying interest was seen in capital good, auto, technology, oil, telecom and metal stocks, while selling was see in FMCG stocks.

Movers & Shakers


Sensex closes at above 10,500; metal, capital goods and auto stocks robust!

Sensex closes at above 10,500; metal, capital goods and auto stocks robust! Carrying forth its gains into the fifth week, the Bombay Stock Exchange's Sensex was up 186 points on Monday, and closed at 10,534, while the Nifty was up by 45 points to close at 3,256. With the Indian markets consolidating, the index traded between 10,654 and 10,411.

The figures marked the highest level of the benchmark index since 10 November, 2008; thanks to the rising sanguinity about the global economy, and metals and capital goods, and auto stocks showing robust gains.


Sensex At Five-Month High; Nifty Ends Above 3,250

Sensex At Five-Month High; Nifty Ends Above 3,250The benchmark Sensex, on Monday (April 06), marked its closure on a strong note although profit-booking at higher levels trimmed early sharp gains.

The firm buying action witnessed across frontline stocks assisted Sensex to continue its positive run for the fourth straight session, gaining by another 186.04 points to end at nearly a 5-month peak of 10,534.87.

The broad-based NSE Nifty surged 45.55 points (1.42%) at 3,256.60 after touching an intraday high of 3,303.90 and an intraday low of 3,211.35.


Buy Bharti Airtel, Target Rs 730: Nirmal Bang

Buy Bharti Airtel, Target Rs 730: Nirmal BangNirmal Bang Research is bullish on Bharti Airtel and maintained ‘Buy’ rating on the stock to achieve a target between Rs 710-730 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 630.

Shares of the company, on Monday (April 06), closed at Rs 659.85 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 39.31 and 15.98 respectively. The share price has seen a 52-week high of Rs 950 and a low of Rs 484 on BSE.

The stock also performed well on Monday, and if it maintains above 675, then a big up move is expected.


Essar Oil Adds 18.27 Lakh Shares In Open Interest

Essar Oil Adds 18.27 Lakh Shares In Open InterestLot of action was in few counters but considering the whole market the proceeds were on the minor side around Rs 49,500 crore on the F&O space as against Rs 56,000 crore during the previous week, so just about 15 per cent decline in turnover.

According to stock market expert Narendra Nainani, looking at the Nifty futures, which marked their closure provisionally around 5 or 6 points premium but intra-day they had descended into discount so from the lows of the day stock market has recovered and investors could have seen some fresh long positions returning into the Nifty.


Buy Essar Shipping - Nirmal Bang

Buy Essar Shipping Nirmal Bang has maintained its ‘Buy’ rating on Essar Shipping Ports & Logistics stock to achieve a target between Rs 48 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 42.

Shares of the company, on Monday (April 06), closed at Rs 40.30 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 4.03 and 10.45 respectively. The share price has seen a 52-week high of Rs 187.85 and a low of Rs 19.40 on BSE.

The report also said that a big move is expected if the stock maintains above 42.


Cheerful traders ‘encourage risk taking’

Stock MarketLondon, Apr 8: Even an ephemeral exposure to a smiling face can prompt people to make risky investment decisions, concludes a new study.

Graduate student Julie Hall of the University of Michigan in Ann Arbor has shown experiments in which 12 male and
12 female volunteers played a game in which they repeatedly had to choose between investing in a "safe" bond and two much riskier stocks.


Buy Balaji Tele, Target Rs 57: Nirmal Bang

Buy Balaji Tele, Target Rs 57: Nirmal BangNirmal Bang Research is bullish on Balaji Telefilms and maintained ‘Buy’ rating on the stock to achieve a target between Rs 51-57 within 1-5 days.

Traders can buy the stock with a stop loss of Rs 35.

Shares of the company, on Wednesday (April 08), closed at Rs 39.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 10.02 and 4.12 respectively. The share price has seen a 52-week high of Rs 221.70 and a low of Rs 24.80 on BSE.


FIIs Remain Net Buyers In Equities On Apr 8

FIIs Remain Net Buyers In Equities On Apr 8According to data released by BSE, Foreign Institutional Investors (FIIs) remained net buyers in the equity segment worth Rs 5.73 billion on both the BSE and the NSE on April 8.

FIIs purchased equities worth Rs 37.50 billion, while their gross sales stood at Rs 3,177.62 crore.

Domestic institutional investors (DIIs) including banking institutions, DFIs, Insurance and MFs remained net sellers in the equity segment worth Rs 378.22 on both the BSE and the NSE on April 8.


Nifty To Trade Above 3,300 Level

Nifty To Trade Above 3,300 LevelAnticipating the current back off to carry on for a few more days, futures and options (F&O) traders on April 08, 2009 relaxed their short positions at 3,300-3,400 call options.

These traders anticipated the Nifty to attain the 200 daily moving average (DMA) level of 3,443 sometime by the coming week and, hence, they developed long positions of 637,600 shares in 3,500 strike call options.

The open interest (OI) at 3,300 strike call options turned down by 540,850 shares, pointing that traders wanted the Nifty to trade above 3,300 going forward.


Stock Futures Add 7.2 Cr Shares In OI On April 08

Stock Futures Add 7.2 Cr Shares In OI On April 08Stock futures added 7.2 crore shares in open interest, OI on April 08, 2009 (Wednesday). In Nifty futures, FIIs remained net buyers to the tune of Rs 909.6 crore wherein Open Interest surged by 41,654 contracts.

Reliance Industrial Infrastructure was the best performer on Wednesday. It gained 46% and its Open interest (OI) doubled to 3.5 lakh shares. The stock climbed up 93% in 2 trading sessions.

Stock futures on April 08 appended 7.2 crore shares in open interest.


Buy Adlabs Films Ltd - Nirmal Bang

Buy Adlabs Films Ltd - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Adlabs Films Limited to achieve a target between Rs 230-270 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 182.

Shares of the company, on Wednesday (April 08), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 789.50 and a low of Rs 130.15 on BSE.

The report also said that a big move is expected if the stock maintains above Rs208.


Indian Stock Markets close marginally higher

Indian Stock Markets

Indian Stocks markets stayed in positive zone on Thursday. Markets are waiting for next trigger and are range-bound.

The benchmark indices closed the session on a flat note after remaining volatile throughout the day. The Sensex closed the day at 10,803 up 0.57% or 62 points after swinging in the range of 10,655 - 10,932. The NSE Nifty shut almost flat at 3,342 down just 0.03% or 0.9 points after trading in the range of 3,307 - 3,399. Among broader indices, BSE Midcap Index was up 1.6% or 55 points and Small Cap Index was up 1.6% or 61 points. Buying was seen in banking, realty and metal stocks.


Sensex Ends 61.52 Pts Up; Nifty Closes On A Flat Note

Sensex Ends 61.52 Pts Up; Nifty Closes On A Flat NoteThe Sensex closed the choppy day on a positive note led by realty, metal, banking and consumer durables stocks.

It belled the day strongly after gaining 133.81 points at 10,876.15 on Thursday. But after few minutes of trading, it fell into the pessimistic zone because of profit booking.

The markets remained volatile allthrough the day.

The inflationary and IIP data was also announced during the noon trades. The benchmark index Sensex hit an intraday high of 10,932.12 and intraday low of 10,655.96.


Sensex Up By 445.03 Pts; Nifty Gains 131 Pts

Sensex Up By 445.03 Pts; Nifty Gains 131 PtsDuring the week ended April 09, 2009, the 30 share index, Sensex gained 445.03 points to 10,803.86, whereas the broad based NSE Nifty climbed 131 points to 3,342.05 during the same period.

Indian stock markets on Monday belled the week strongly and closed the day in the positive terrain.

At closure, Sensex climbed 186 points to close at 10535, whereas the Nifty marked its closure at 3256, up 45 points.

Consumer durables, metal, auto and real estate stocks topped the gaining charts, whereas FMCG stocks went down.


Indian Stock Pick – Marico Limited, Buy at Rs 61

maricoMarico (MARICO), incorporated on Oct. 13, 1988, is among the leaders in the fast moving consumer goods (FMCG) and services sector. Earlier known as Marico Foods, it got its present name with effect from Oct. 31, 1989. Marico holds a leadership position in the Indian FMCG space. Marico's Products and Services in Hair care, Skin Care and Healthy Foods reach out to more than 20 countries in the Middle East, Asian sub-continent, Australia and USA. Marico is a branded player in Beauty and Wellness solutions.


Long Term Buy Call – Nestle India Limited at current levels

Nestle India LimitedIncorporated in 1959 as Food Specialties, Nestle India Limited was promoted by Nestle Alimentana, Switzerland. Its first unit at Moga (Punjab) started in 1962 for manufacturing milk products, infant milk food and weaning cereals, culinary products and beverages. The second factory at Choladi, Tamilnadu to produce beverages (tea) was set up in 1967. To part finance this project company went public in the year 1968. The third plant at Nanjangud, Karnataka, set up in 1989, manufactures instant coffee and health beverages. Company entered the chocolate business introducing Nestle Premium chocolate in 1990.


Medium Term Buy Call – ITC Limited at 186

ITC Limited

Company is the largest manufacturer of cigarettes in India. It is a member of BAT Group of UK. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by BusinessWorld and among India's Most Valuable Companies by Business Today. ITC ranks among India's "10 Most Valuable (Company) Brands", in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.

Products & services-


Buy Sterlite Industries

Buy Sterlite IndustriesKarvy Stock Broking Limited has maintained ‘Buy’ rating on Sterlite Industries Ltd stock to achieve a target of Rs 425 within 3-4 days.

According to Karvy, day traders can buy the stock above Rs 402 with a stop loss of Rs 390.

Shares of the company, on Thursday (April 09), closed at Rs 395.85 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 18.79 and 22.20 respectively. The share price has seen a 52-week high of Rs 954.80 and a low of Rs 164.50 on BSE.


Above 3,400 Level, S&P CNX Nifty May Face Strong Resistance

Above 3,400 Level, S&P CNX Nifty May Face Strong Resistance Futures & options (F&O) traders On Thursday sold 3,300 strike put and 3,400 strike call options, pointing that they projected the Nifty to trade between 3,300 and 3,400 in the coming time.

A fresh writing of Nifty put or call options at certain strike prices hints support or resistance levels for the stock Index.


Stock Futures Shed 1 Cr Shares In OI

Stock Futures Shed 1 Cr Shares In OIStock futures lost 1 crore shares in Open Interest, OI. FIIs remained net buyers to the tune of Rs 614 crore in Nifty futures, in which OI went up by 52,896 contracts.

They purchased Rs 235 crore in Nifty options, in which OI stood up by 49,134 contracts.

Nifty futures marked their closure with 13-point premium whereas OI PCR remained unaltered at 1.60 on Thursday.

Nifty 3300 Put appended 13 lakh shares in OI and Nifty 3400 Call added up 5.4 lakh shares in OI.


Indian Stock markets register decent gains, BSE Sensex touches 11000

BSE SensexIndian Markets closed higher on back on strong global cues and positive reports from various brokerage firms. The markets closed higher for the seventh consecutive day. Huge buying was seen in shares of banking, metal, realty, auto and oil & gas stocks. The Sensex surpassed the 11,000 mark while the Nifty tested the 3,400 level during the day but managed to end lower. The Sensex touched an intraday high of 11,069 before closing the day at 10,967 up 163 points or 1.51%. The Nifty ended up 40 points or 1.21% to 3,382 and touched a day's high of 3417. The BSE Midcap Index was up 3.1% or 106 points and the Small cap Index went up 3.9% or 147.


Buy SBI, Target Rs 1265: Nirmal Bang

Buy SBI, Target Rs 1265: Nirmal BangNirmal Bang Research is bullish on State Bank of India (SBI) and maintained ‘Buy’ rating on the stock to achieve a target of Rs 1265.

Traders can buy the stock on dips with a stop loss of Rs 1240.

Shares of the company, on Monday (April 13), closed at Rs 1217.90 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 130.14 and 9.51 respectively. The share price has seen a 52-week high of Rs 1840 and a low of Rs 894 on BSE.


Buy Alok Industries - Nirmal Bang

Buy Alok Industries - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Alok Industries to achieve a target of Rs 19.40 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 13.

Shares of the company, on Monday (April 13), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 2.83 and 5.50 respectively. The share price has seen a 52-week high of Rs 66.34 and a low of Rs 11.33 on BSE.


Buy GMR Infra

Buy GMR InfraKarvy Stock Broking Limited has maintained ‘Buy’ rating on GMR Infrastructure Limited stock to achieve a target of Rs 116 within 3-4 days.

According to Karvy, day traders can buy the stock between Rs 104-106 with a stop loss of Rs 100.

Shares of the company, on Monday (April 13), closed at Rs 106.50 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 0.69 and 161.74 respectively. The share price has seen a 52-week high of Rs 169.90 and a low of Rs 45.60 on BSE.


Indian Stocks markets closed positive after weak opening, BSE Sensex well above 11000

BSEIndian Stock markets continued the upward move on Wednesday as well. The markets opened sharply lower on the back of weak global cues and disappointing guidance from Infosys, but saw significant recovery from the day's low as huge buying interest from the Institutional and local players helped the Sensex successfully to close above 11,000 mark while the Nifty to close above the 200-day moving average of 3,425.

The BSE Sensex has touched an intraday high of 11,337 before closing the day at 11,284 up 318 points or 2.9%. The Nifty shut at 3,484 up 3% or 101 points after hitting a high of 3,497 and low of 3,336.


Buy Bharti Airtel - Nirmal Bang

Buy Bharti Airtel - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Bharti Airtel to achieve a target between Rs 725-745 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 705.

Shares of the company, on Wednesday (April 15), closed at Rs 685.10 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 39.31 and 12.47 respectively. The share price has seen a 52-week high of Rs 950 and a low of Rs 484 on BSE.


Buy HDFC, Target Rs 1910: Nirmal Bang

Buy HDFC, Target Rs 1910: Nirmal BangNirmal Bang Research is bullish on HDFC and maintained ‘Buy’ rating on the stock to achieve a target of Rs 1910 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 1825.

Shares of the company, on Wednesday (April 15), closed at Rs 1771.55 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 81.46 and 21.23 respectively. The share price has seen a 52-week high of Rs 2950 and a low of Rs 1116.10 on BSE.


Buy Ranbaxy Laboratories - Nirmal Bang

Buy Ranbaxy Laboratories - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Ranbaxy Laboratories to achieve a target between Rs 225-240 within 1-5 days.

Interested traders can buy the stock on dips with a stop loss of Rs 210.

Shares of the company, on Wednesday (April 15), closed at Rs 199.85 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 613.70 and a low of Rs 133.15 on BSE.


Sensex Down 140.96 Pts; Tata Motors Plunges 7.75%

Sensex Down 140.96 Pts; Tata Motors Plunges 7.75%After opening the day positively at 11,358.06 points, Sensex soon fell in to the negative terrain following heavy selling action witnessed across front line stocks.

Consumer durables and FMCG stocks remained up, whilst metal, capital goods, oil & gas and power stocks fell into the pessimistic zone.

BSE Midcap and Smallcap index declined 1.64% and 1.45% respectively.
 
Amongst the sectoral indices, BSE Metal lost 4.31%, Capital goods fell 3.33%, Oil & Gas and Power was sown by more than 2%.


Sensex Gains 277.29 Pts On Strong Buying

Sensex Gains 277.29 Pts On Strong BuyingAfter closing the day in red, on Thursday (April 16), on profit booking, the 30-share index BSE Sensex belled the day on a positive note today.

The 30-share index, BSE Sensex opened with a gain of 120.31 points, at 11,067.71 on Friday.

The Sensex gained ground in proportion to worldwide markets and also on healthy buying activity witnessed in index pivotals.

The stocks from realty, banking, capital goods, metal and power sectors were in limelight.


Buy Reliance Communications

Reliance CommunicationsKarvy Stock Broking Limited has maintained 'Buy' rating on Reliance Communications Limited stock to achieve a target of Rs 245 within 1-2 days.

According to Karvy, day traders can buy the stock above Rs 232 with a stop loss of Rs 224.

Shares of the company, on Thursday (April 16), closed at Rs 217.45 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 8.36 and 26.80 respectively. The share price has seen a 52-week high of Rs 608.85 and a low of Rs 131.35 on BSE.


Sell ONGC – Nirmal Bang

Oil & Natural Gas Corporation Nirmal Bang Research has suggested investors to 'sell' ONGC stock as there are full chances of a downward trend in this stock in the coming days.

According to report, investors can sell the stock with a strict stop loss of Rs 880 to achieve a target that lies between Rs 790-740.

Today (April 17), the stock opened at Rs 860, as against its last closure at Rs 851.75 on the Bombay Stock Exchange (BSE) on Thursday (Feb 16). Current EPS & P/E ratio stood at 76.03 and 11.47 respectively. The share price has seen a 52-week high of Rs 1124 and a low of Rs 538.10 on BSE.


Sensex Maintains 11K; Ends 75.69 Pts Up

Sensex Maintains 11K; Ends 75.69 Pts UpBombay Stock Exchange’s Sensex, on Friday, opened strongly at 11,068, up 121 points, on account of the positive signals bobbing out of the foreign markets.

The index, thereafter, firmed up and reached to a high of 11,339, which was about 400 points up from its last closure.

But, heavy profit booking during the final hour of trading erased the big part of gains registered earlier in the day and fell below 11,000 mark and also hit an intra-day low of 10,946.25.

The Sensex however got well and finally closed the week after making a gain of 75.69 points at 11,023.09.


Stock Mkts To Witness Selling Pressure On Monday, Says Alex Mathew

Stock Mkts While commenting on the market performance of the day, Alex Mathew head, research centre - Geojit Financial Services stated that the stock markets belled the day in green on account of optimistic prompts coming in from the worldwide markets and dealt robustly all the morning session but capitalists cashed in on the gains produced during the morning session that occurred in the noon session earlier than the weekend and marked its closure in green but off the days` low.


Indian Stock Market looking positive: Nirmal Bang

India Stock MarketsThe markets ended marginally higher after a huge volatile session. The Sensex lost 316 points from an intradayhigh of 11,339, before closing the day at 11,023 up 76 points. The Nifty shut at 3,384 up 0.4% or 15 points and it lost 105 points from the day's high point of 3,489. In the Broader indices, the BSE Midcap Index was up 33 points and the Smallcap Index closed 22 points. Buying was seen in shares of banking, IT and capital goods, while selling seen in metal, auto and pharma stocks. The volumes were lower as compared to last two days and the market breadth was negative. On a weekly basis, Sensex closed up 2% and Nifty up 1.26%.


Stock Market Trading Advice from Nirmal Bang Research

Murli DeoraAsian stocks declined, dragging the regional benchmark index from a three? month high, on speculation companies will take advantage of a six? week rally to sell shares and shore up their finances. MSCI Asia Pacific Index has rallied 26 percent from a more than five? year low reached on March 9, taking valuations to the highest since November 2007. The Bank of Japan will probably cut its forecasts for the economy and prices next week as the recession takes a toll on spending by companies and households. The world's second?


Expect range-bound Nifty, Volatility at higher levels: Hunny Tarika, FairWealth Securities

FairWealth SecuritiesNifty showed increased volatility around 3430 -3450 which happens to be the 200 DMA of the market and closed below this at 3384. Increasing volatility at this level is obvious as Nifty has rallied almost 1000 points from 2540 to 3510.

A consolidation can be seen around levels of 3150-3400 before market makes new highs.


Accumulate Sintex Industries at current price, Target 240: Sovid Gupta, FairWealth Securities

Sintex

Sintex Industries, with strong balance sheet and huge cash balance is well Equipped to manage current challenging business Equipment. We estimates Sintex Industries to post net sales of 3300 crores and 4200 crores for FY09 and FY10 respectively, posting compounded growth rate of 40% for 4 years.


ICICI Bank looking strong at current levels: Nirmal Bang

ICICIIn its latest research report, Nirmal Bang, an equity research firm said that ICICI Bank, which presently stuck in a band of 405-445, can give good returns within 4-5 trading session.

The report further stated that, if the counter is successful to breach 445, then it will create a huge breakout.

Nirmal Bang Research has advised its clients to hold the scrip with a target price of Rs 460-485.


Buy Deccan Chronicle, Target Rs 69: Nirmal Bang

Buy Deccan Chronicle, Target Rs 69: Nirmal BangNirmal Bang Research is bullish on Deccan Chronicle Holdings Ltd (DCHL) and maintained ‘Buy’ rating on the stock to achieve a target of Rs 69 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 52.

Shares of the company, on Monday (April 20), closed at Rs 59.80 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 5.50 and 11.27 respectively. The share price has seen a 52-week high of Rs 160 and a low of Rs 25.50 on BSE.


Buy Kingfisher Airlines - Nirmal Bang

Buy Kingfisher Airlines - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Kingfisher Airlines Limited to achieve a target of Rs 47.50 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 34.90.

Shares of the company, on Monday (April 20), closed at Rs 38.80 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 158.50 and a low of Rs 22 on BSE.

Air France-KLM is making discussions with Kingfisher and Jet Airways in order to serve up Indian secondary markets.


Buy Call For Kalindee Rail Nirman With Target Of Rs 125-137: Nirmal Bang

Buy Call For Kalindee Rail Nirman With Target Of Rs 125-137: Nirmal BangIn its latest research report, Nirmal Bang, an equity research firm, has maintained ‘Buy’ rating on Kalindee Rail Nirman Engineers stock, which will give good returns within 4-5 trading session.

The report further stated that, if the counter is successful to breach 117, then it will create a huge breakout.

Nirmal Bang Research has advised its clients to hold the scrip with a target price of Rs 125-137.

In addition, the firm has suggested a support level for the scrip between Rs 91-92.


Buy State Bank Of India - Karvy

Buy State Bank Of India - KarvyKarvy Stock Broking Limited has maintained ‘Buy’ rating on State Bank Of India (SBI) stock to achieve a target of Rs 1350 within 1-2 days.

According to Karvy, day traders can buy the stock at Rs 1305 with a stop loss of Rs 1275.

Shares of the bank, on Monday (April 20), closed at Rs 1295.95 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 130.14 and 9.59 respectively. The share price has seen a 52-week high of Rs 1840 and a low of Rs 894 on BSE.


Strong Intraday Resistance For Nifty Is At 3,440: Nirmal Bang

Strong Intraday Resistance For Nifty Is At 3,440: Nirmal BangIn his report, Nirmal Bang has announced that the immediate short-term support for nifty is at 3,310 – 3,230 region and a fall below this level will put more pressure and nifty can decline upto 3,155 – 3,110 in the coming days.

The report also said that this could be the best level for the medium term investors to make entry.

Me. Bang also said that presently the stock markets are trading in a very tight range of 3300-3420, a strong move beyond these range on the either side will give an obvious route.


Sensex Regains 11K On RBI Rate Cut

Sensex Regains 11K On RBI Rate CutAfter opening the day on a negative note after a fall of 0.40% on the previous working day, the 30-share index, BSE Sensex recovered from day’s low and entered the positive terrain on the back of buying interest witnessed in select front line stocks.

Meanwhile, it also hit a high of 11,029.55.

Moreover, Reserve Bank of India (RBI) has slashed repo rate and reverse repo rate by 25 basis points each.

The stocks from FMCG, oil & gas and realty sector went up, while auto, banking, capital goods and metal stocks remained marginally down. 


Indian Markets close lower due to weak global cues; Repo rate cut fails to cheer

India Stock MarketsThe benchmark indices ended with modest loss and were trading volatile throughout the session. The Sensex closed 81 points lower at 10,898 after hitting an intraday high of 11,068 and low of 10,764. The Nifty was down 12 points to settle at 3,365. It touched an intra-day high of 3,414 and low of 3,309. Among the broader indices the BSE Midcap Index was down 5 points while Smallcap Index shut at up at 17 points. The selling was seen in shares of major banking, capital goods, metal and auto companies and buying was witnessed in select telecom, reality and FMCG sectors. The market breadth was slightly weak and the volumes are on the lower side.


Stock Market View & Outlook – Nirmal Bang

Stock Market View & Outlook – Nirmal BangThe benchmark indices closed with modest loss and were trading volatile allthrough the session. The Sensex closed 81 points lower at 10,898 after hitting an intraday high of 11,068 and low of 10,764.

The Nifty was down 12 points to end the day at 3,365. It hit an intra-day high of 3,414 and low of 3,309.

Among the broader indices, BSE Midcap Index slipped 5 points, whereas Smallcap Index closed after gaining 17 points.


Buy Bombay Dyeing, Target Rs 240: Nirmal Bang

Buy Bombay Dyeing, Target Rs 240: Nirmal BangNirmal Bang Research is bullish on Bombay Dyeing & Mfg Company Ltd and maintained ‘Buy’ rating on the stock to achieve a target between Rs 225-240 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 178.

Shares of the company, on Tuesday (April 21), closed at Rs 193.60 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1065 and a low of Rs 110 on BSE.

The structure looks very positive, so buy the stock and hold, if it maintains above Rs 199, a big move is expected.


Nirmal Bang Issues ‘Buy’ Call On ‘Television Eighteen’ To Achieve Target Price Of Rs 115 to Rs 130

Nirmal Bang Issues ‘Buy’ Call On ‘Television Eighteen’ To Achieve Target Price Of Rs 115 to Rs 130Nirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Television Eighteen with a target price of Rs 115-130.

According to experts at Nirmal Bang, interested traders can buy the stock on dips with a stop loss of Rs 81.

The scrip has very strong support at Rs 100.


Nifty May Be In Range Of 3440-3300: Bhambwani

Nifty May Be In Range Of 3440-3300: BhambwaniTechnical Analyst, Vijay Bhambwani said that the stock markets on Tuesday belled the day on a pessimistic note, and closed with losses, discounting the overseas signals and the credit plan declaration in the bargain.

The 30-share-index BSE Sensex closed with approx 0.75 % losses while the banking and midcap stocks dropped sharply owing to bull relaxing.


Buy Hindustan Unilever Limited - Karvy

Buy Hindustan Unilever Limited - KarvyKarvy Stock Broking Limited has maintained ‘Buy’ rating on Hindustan Unilever Limited (HUL) stock to achieve an intra-day of Rs 250.

According to Karvy, day traders can buy the stock between Rs 241-242 with a stop loss of Rs 238.

Shares of the company, on Tuesday (April 21), closed at Rs 242.10 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 9.64 and 25.19 respectively. The share price has seen a 52-week high of Rs 271 and a low of Rs 185 on BSE.


Indian Stock markets close negative for third session after strong opening

Indian Stock markets close negative for third session after strong openingIndian Stock markets closed negative for the third consecutive day after a positive opening. Selling was witnessed in select counters at higher levels. The BSE Sensex closed at 10,817 down 81 points after hitting an intraday high of 11,036 and low of 10,715. The Nifty shut at 3,330 down 1.04% or 35 points. It has hit a high of 3,401 and low of 3,296 respectively. Among the broader indices the BSE Midcap Index fell 40 points and the Smallcap Index slipped 65 points. Selling was seen in select capital goods, metals, pharma and banking stocks.


Stock Market Roundup and Analysis for Tomorrow: Nirmal Bang

Stock Market Roundup and Analysis for Tomorrow: Nirmal BangGlobal cues were good, but Indian Stocks markets turned negative after positive opening on Wednesday. Selling was seen in select capital goods, metals, pharma and banking stocks.

The BSE Sensex closed at 10,817 down 81 points after hitting an intraday high of 11,036 and low of 10,715. The Nifty shut at 3,330 down 1.04% or 35 points. It has hit a high of 3,401 and low of 3,296 respectively. Among the broader indices the BSE Midcap Index fell 40 points and the Smallcap Index slipped 65 points.


Stock Recommendations: BHEL, Moser Baer, Reliance Capital

Stock Recommendations: BHEL, Moser Baer, Reliance CapitalIndian Stock markets are feeling pressure for past three trading sessions. Nirmal Bang Securities has suggested two sell calls and one buy call for traders.

BHEL, The RSI has given a fresh sell signal, if the stock trade below its 13-day EMA of 1575, then sell with a stop-loss of 1630. Target price for BHEL is 1505-1440.

Moser Baer, Buy on dip and hold, huge volumes witnessed today, strong support 58-54. The stock has a major resistance at Rs 67. Buy with Target price of 69-78 in 1-5 trading sessions.


Market Outlook, Analysis by Nirmal Bang Securities

Market Outlook, Analysis by Nirmal Bang SecuritiesThe benchmark indices saw yet another unpredictable day, and ended on a pessimistic note for the third consecutive day.

The BSE Sensex marked its closure at 10,817, down 81 points, after touching an intraday peak of 11,036 and low of 10,715.

In contrast, the broad-based Nifty closed after losing 35 points at 3,330. It hit an intraday high of 3,401 and low of 3,296 respectively.

BSE Midcap and Smallcap Index dropped 40 points and 65 points respectively.


Buy Moser Baer, Target Rs 78: Nirmal Bang

Buy Moser Baer, Target Rs 78: Nirmal BangNirmal Bang Research is bullish on Moser Baer (India) Limited and maintained ‘Buy’ rating on the stock to achieve a target between Rs 69-78 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 58.

Shares of the company, on Wednesday (April 22), closed at Rs 62.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 201.30 and a low of Rs 41.10 on BSE.

According to Nirmal Bang report, the structure looks very positive, so buy the stock and hold, if it maintains above Rs 67, a big move is expected.


Nirmal Bang Issues ‘Sell’ Call On ‘BHEL’ To Achieve Target Price Of Rs 1505 to Rs 1440

Nirmal Bang Issues ‘Sell’ Call On ‘BHEL’ To Achieve Target Price Of Rs 1505 to Rs 1440Nirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can sell BHEL with a target price of Rs 1505-1440.

According to experts at Nirmal Bang, interested traders can sell the stock below its 13-day EMA of 1575, with a stop loss of Rs 1630.


Sell Reliance Capital – Nirmal Bang

Sell Reliance Capital – Nirmal BangNirmal Bang Research has maintained ‘Sell’ rating on Reliance Capital stock to achieve a target that lies between Rs 475-430.

According to research report, investors can sell the stock with a strict stop loss of Rs 517.

Today (April 23), the stock opened at Rs 512.25 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 41.65 and 12.05 respectively. The share price has seen a 52-week high of Rs 1620 and a low of Rs 274.20 on BSE.

Nirmal Bang is of the view that investors should sell the stock today in order to avoid loss.


See Growth Recovery During The Second Half Of FY10: Goldman Sachs

goldman sachsTushar Poddar of Goldman Sachs expects growth recovery by the second half of FY10 in spite of the overhang of election and the fiscal deficit as fundamentals and macros are getting better.

Poddar also said that that as compared to the first half of CY09, the second half of CY09 would have more opportunities.

Tushar agrees with the central bank's growth estimation, and sees India's FY10 growth at 5.8%.

He said that if the banking institutions carry on slashing lending as well as depository rates, investors should see an uptick by the second half.


Indian Stock Market Roundup and Analysis for Friday: Nirmal Bang

Indian Stock Market Roundup and Analysis for Friday: Nirmal BangAfter volatile session, Indian Stock Markets bounced back smartly. Ending three days of consolidation and range-bound activity, NSE Nifty closed above its 200-day moving average of 3,392. The Sensex hit an intraday high of 11,203 before closing the day at 11,135 up 317 points or 2.93%. The Nifty ended up 2.8% or 93 points higher at 3,424 after hitting a high of 3,439 and low of 3310.


Market Preview By Nirmal Bang Securities

Market Preview By Nirmal Bang SecuritiesAsian stocks advanced for the second day, as gains by financial companies countered concern the global recession is hurting earnings. India’s benchmark Bombay Stock Exchange Sensitive Index may rise a further 10 percent to 12,300 with investors seeking to buy amid a “market correction” and the outlook for corporate earnings improving, BNP Paribas said.


Sensex Gains 188.52 Pts As Buying Gathers Momentum @ 14.10 Hrs

Sensex Gains 188.52 Pts As Buying Gathers Momentum @ 14.10 HrsThe Sensex surged during afternoon trade led by buying in frontline stocks.

On sectoral front, Banking, capital goods, consumer durables and realty stocks contributed to most of the market rally, while IT and FMCG stocks went down.

On the other hand, BSE Midcap and Smallcap index gained 1.49% and 1.69% respectively.

The market was unstable. It marched up in a volatile early trade. Later it fell into the red zone. It regained during morning trade. Volatility ruled the roost during early afternoon trade.


BSE Sensex closes 194 points higher, Market Roundup by Nirmal Bang Securities

India stock marketsIndian Stock Markets opened marginally higher, but later found support on back on strong global cues. The benchmark indices closed on a strong note for the second day led by telecom, capital goods, auto and bank stocks. The Sensex closed 194 points or 1.74% higher at 11,329 and the Nifty rose 1.67% or 57 points to settle at 3,480. The broader indices - CNX Midcap was up 1.68% and BSE Smallcap Index closed 68 points or 1.71%.


Bulls win again, BSE-benchmark Sensex gains 194 pts after negative start

Bombay Stock ExchangeIt was another excellent session as the market ended the wek with a good rally today. The Bombay Stock Exchange 30-share index closed on a strong note for second consecutive day, on significant buying across various sectors.

The BSE Sensex closed higher by 194.06 points at 11,329.05 while NSE Nifty ended up by 57.05 points at 3,480.75. The Sensex touched intraday high of 11,362.88 and intraday low of 11,070.33.


Buy Bajaj Hindusthan

Buy Bajaj Hindusthan Stock analysts have maintained ‘Buy’ rating on Bajaj Hindustan Ltd stock to achieve an intra-day target of Rs 83 on Monday.

According to them, interested day traders can buy the stock above Rs 77 with a stop loss below Rs 74.50.

Shares of the company, on Friday (April 24), closed at Rs 75 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 250.75 and a low of Rs 38.25 on BSE.

So buy it, it will prove that it’s definitely a strategic stock.


Praj Industries looks good for long term investment

Praj Industries looks good for long term investment  Many investors are now-a-days scouting for good opportunity in the market, so that they can enter at current level and reap good profits in the long run.

Praj Industries is looking good for long term investors. The zero-debt Praj is basically an engineering company focusing on the distillery industry. It markets its products and services to more than 35 countries and is world's single largest supplier of molasses based distillery technology, plant and equipment.


Punj Lloyd Intraday Buy Call

Punj Lloyd Stock analysts have maintained 'Buy' rating on Punj Lloyd Ltd stock to achieve an intra-day target that lies between Rs 118-126.

According to them, interested day traders can buy the stock above Rs 118 with a stop loss below Rs 112.

Shares of the company, on Friday (April 24), closed at Rs 116.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 384.50 and a low of Rs 66.65 on BSE. Current EPS and P/E of the stock stood at 112.89 & 9.20 respectively.

So buy it, it will prove that it's definitely a strategic stock.


Buy Rolta India

ROLTAStock market analysts are bullish on Rolta India and maintained 'Buy' rating on the stock to achieve an intra-day target between Rs 106-110.

Traders can buy the stock above 88 with a stop loss of Rs 84.

Shares of the company, on Friday (April 24), closed at Rs 81.85 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 360 and a low of Rs 40.70 on BSE. Current EPS and P/E of the stock stood at 19.85 & 4.18 respectively.

The structure looks very positive, so buy the stock and hold, if it maintains above Rs 90, a big move is expected.


Mahindra & Mahindra Buy Call: StocksIdea.com

mahindra

The US $6.7 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India. It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world. The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development.


Buy Alok Industries To Achieve A Target Of Rs 28: Sovid Gupta, Fairwealth Securities

Alok IndustriesEquity analyst Sovid Gupta of Fairwealth Securities is bullish on Alok Industries and maintained 'Buy' rating on the stock to achieve a target of Rs 28.

Alok Industries is a leading vertically integrated textile player having sales of over 3000 crore and tough bottom line.

The analyst initiate a buy call on the company on basis of its good valuation, vast growth in topline by the next three years and augmented outcome from higher foreign currency earnings, increased sale of Value added products and Vertical/ backward Integration.


Nifty Has Support At 3400: Hunny Tarika, Fairwealth Securities

Nifty Has Support At 3400: Hunny Tarika, Fairwealth SecuritiesTechnical analyst Hunny Tarika of Fairwealth Securities said that Nifty witnessed good consolidation between 3300-3400 before moving upward to mark its closure above the 200 DMA of 3400.

Tarika said that stock traders are advised to be careful as there were low upside volumes on Thursday & Friday trading sessions.

He added that Nifty is shaping a pessimistic divergence in an overbought region. Those holding long positions should keep tracking their stop losses and any new position should be taken only with strict stop loss.


Buy ABB Ltd At Rs 463, Target 540: Hunny Tarika, Fairwealth Securities

Buy ABB Ltd At Rs 463, Target 540: Hunny Tarika, Fairwealth SecuritiesTechnical analyst Hunny Tarika, Fairwealth Securities has maintained ‘Buy’ rating on ABB Ltd stock to achieve a target of Rs 540.

According to Tarika, interested investors can buy the stock around Rs 463 with a stop loss of Rs 429.


Indian Markets close positive after low opening on Monday

Indian Markets close positive after low opening on MondayThe benchmark indices closed on a flat note after an extremely volatile and choppy session ahead of expiry. Stocks around the world declined as the Swine Flu outbreak extended beyond Mexico and the U. S., prompting concern of a pandemic and forcing Asian countries to screen travelers.


Sensex continues its lead, closes at 11,371

Sensex continues its lead, closes at 11,371 The BSE-benchmark-Sensex gained for the third day in a row after an extremely volatile session as investors took calculative steps ahead of F&O expiry on 29th April 2009.

In the morning, the domestic market opened on negative note tracking weak cues from the Asian markets. But during mid-session, the market gathered decent momentum to touch day's high on significant buying across the board.

However, despite sharp come back, market was not able to hold the same impulse and slipped again, on profit booking.


Bull Run halts on profit-booking; BSE-Sensex plunges 337 points

Bull Run halts on profit-booking; BSE-Sensex plunges 337 pointsSnapping its three-day rising streak, the BSE-benchmark Sensex on Tuesday, toppled by over 370 points, as major market players squared off pending positions ahead of the expiry of April contracts in derivatives.

The BSE Sensex closed today lower by 370.10 points at 11,001.75 while, NSE Nifty ended down by 107.65 points at 3,362.35. The Sensex touched intraday high of 11,375.97 and intraday low of 10,961.75.


Sell Axis Bank

Sell Axis BankStock market analysts have suggested investors to ‘sell’ Axis Bank stock as there are full chances of a downward trend in this stock in the coming days.

According to them, investors can sell the stock with a strict stop loss of Rs 536 to achieve a target that lies between Rs 520-516.

Today (April 29), the stock opened at Rs 548.95 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 50.56 and 10.65 respectively. The share price has seen a 52-week high of Rs 969.90 and a low of Rs 278.50 on BSE.


Sell Grasim Industries

Grasim IndustriesStock analysts are of the view that investors can sell Grasim Industries with a target price of Rs 1729-1720.

According to them, interested traders can sell the stock below Rs 1750, with a stop loss of Rs 1780.

Today (April 29), the stock opened at Rs 1,805 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 210.60 and 8.64 respectively. The share price has seen a 52-week high of Rs 1934 and a low of Rs 984.10 on BSE.

The analysts also suggested that if the stock fell below Rs 1712, it may see more weakness. So the investors must sell the stock.


Short Covering helps Indian Stocks Markets close higher

Stock MarketsThe benchmark indices ended smartly with hefty gains after yesterday's steep fall on the back of positive global cues and short covering on the F&O expiry day. The Sensex closed at 11,403 up 402 points or 3.65% and the Nifty surged 3.32% or 112 points to settle at 3,474. Te BSE Midcap Index closed 63 points or 1.83% and the Smallcap Index went up 1.35% or 52.

All BSE sectoral indexes ended in green. Buying was across the board, IT, banking, oil & gas and capital goods let the rally today.

The Sensex ended the April series with 17.5% gain while the Nifty surged 15%.

Movers & Shakers


Buy IDFC

Buy IDFC Stock analysts have maintained ‘Buy’ rating on IDFC stock to achieve an intra-day target that lies between Rs 82-85 on Monday (May 04).

According to them, interested day traders can buy the stock around 74 with a stop loss of Rs 69.

Shares of the company, on Wednesday (April 29), closed at Rs 76.45 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 182.55 and a low of Rs 44.15 on BSE. Current EPS and P/E of the stock stood at 5.68 & 13.46 respectively.

So buy it, it will prove that it’s definitely a strategic stock.


BSE Sensex moving towards 12000; Indian Markets gain smartly

BSE Sensex moving towards 12000; Indian Markets gain smartlyMetal, Energy and Infrastructure Stocks are pushing the Indian Stock markets towards a 12000 mark. The stock markets have gained decently over the past one month. As global markets sent positive signals, traders in India have also picked up momentum. NSE Nifty was trading at 3604 at 11.46 am IST.

Among major gainers on NSE were Unitech (up by 10%), Sterlite Industries (up by 10%), HDFC (up by 9.9%), Siemens (up by 8.2%), Hindalco (up by 8.2%), Tata Steel (up by 7.7%), TCS (up by 7.4%), Wipro (up by 6.8%), M&M (up by 6.8%), Larsen (up by 6.4%).


Mahindra and Mahindra among major gainers; BSE Sensex at 11940

Mahindra and MahindraAt 12.05, Auto Major M&M was trading 8.5% higher. The stock touched an intraday high of Rs 534. At NSE 678k shares changed hands while on BSE, the volume was 80k shares.

May Futures contract for M&M was up by 8.6% at 524.

SBI Magnum Contra Fund holds 863k shares in M&M stock. Other major funds holding the stock include UTI Equity Fund, SBI Magnum Tax Gai and SBI Blue Chip Fund. SBI Magnum Contra has been rated among top 10 best performing funds in India in a recent Outlook Money survey.


Closing Bell: Indian Markets register decent gains

India Stock MarketsAt 3.25 pm, Indian Stock market is about to close near its highest point of the day. Continued buying in major Index stocks has led Indian markets cross 12000 mark in a decisive move on Monday. At present the markets are at 12105 and NSE Nifty at 3640, gaining nearly 166 points.

Among major gainers were Banking Stocks, Capital Goods, Metals, Auto and IT.


Stock Markets at 7 month high; All Sensex Stocks Close Positive: Nirmal Bang

India Stock MarketsThe benchmark indices ended on a very strong note on the first day of the May series on the back of positive Asian cues and huge institution buying. The benchmark indices saw biggest single day gain since Oct 31, 2008. The Sensex closed above the 12,000 mark while the Nifty closed above the 3650 level. Buying was witnessed across the board, IT, capital goods, metals, auto and banking stocks led this sharp rally today. The Sensex closed the day at 12,135 up 6.4% or 732 points after hitting an intra-day high of 12,161. The Nifty surged 5.1% or 180 points to settle at 3,654 after hitting a high of 3664.


Stock Market View & Outlook: Nirmal Bang

After Seven Months, Sensex Regains 12K:  Nirmal BangThe benchmark indices ended on a very strong note on the first day of the May series on the back of positive Asian cues and huge institution buying. The benchmark indices saw biggest single day gain since Oct 31, 2008.


Buy IDFC On Dips: Nirmal Bang

Buy IDFC On Dips: Nirmal BangNirmal Bang has maintained ‘Buy’ rating on IDFC stock to achieve a target of Rs 93 within 1 to 5 days.

Interested traders can buy the stock on dips with a stop loss of Rs 77.

Shares of the company, on Monday (May 04), closed at Rs 85.30 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 182.55 and a low of Rs 44.15 on BSE. Current EPS and P/E of the stock stood at 5.68 & 14.96 respectively.

According to Nirmal Bang, the stock has seen lots of gains in the past few weeks, so buy the stock, it will prove that it’s definitely a strategic stock.


Buy Call For Punj Lloyd With Target Of Rs 154: Nirmal Bang

Punj LloydNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Punj Lloyd stock with a target price of Rs 154.

The company is presently trading around Rs 128 level.

According to experts at Nirmal Bang, the stock may face some resistance around Rs 135 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 114.


Buy Call For ‘GE Shipping’ To Achieve A Target Of Rs 265: Nirmal Bang

GE ShippingIn its latest research report, Nirmal Bang, an equity research firm, said that GE Shipping, which presently stuck in a band of 213-230, can give good returns within 4-5 trading sessions.

The report further stated that, if the counter is successful to breach 230, then it will create a huge breakout.

Nirmal Bang Research has advised investors to hold the stock to achieve a target price of Rs 248-265.

Furthermore, the firm has suggested a support level for the scrip at Rs 205 and resistance level at Rs 229.


Brokerage Views; Indian Stock Market shows mixed trend on Tuesday

Brokerage Views; Indian Stock Market shows mixed trend on TuesdayIndian Stock Market opened low on Tuesday as there was selling in blue-chip counters including HDFC, Reliance, ITC and M&M. US Stock markets closed positive on Monday as investor sentiment was strong on back of positive news.

Technical experts from different Technical houses and brokerage firms have different view about the stock markets.

CLSA suggests that stock market may see a pullback as many stocks are in overbought territory. They are also suggesting investors to book some profits at higher level.


Indian Stock markets close flat; Select counters register gains

After a decent run on Monday, Indian Stock markets ended Tuesday flat after a volatile session. US Markets registered decent gains on Monday trading session. Even though the benchmark indices ended flat the undertone of the market remained strong. The market breadth was in favour of the advances and the volumes were quite high as compared to previous day. The benchmark index closed marginally lower at 12,131 down just 4 points after trading in the range of 12,197 – 11,985.


Negative Global Cues Pull Sensex Down

Negative Global Cues Pull Sensex Down The Sensex belled the day on a dull note following mixed signals from global shores. The 30-share index, BSE Sensex today (May 06) opened with a loss of 30.39 points, at 12,100.69 on Wednesday.

During the previous session, Sensex marked its closure after losing 3.67 points, or 0.03%, whereas the broad-based Nifty surged 7.90 points (0.22%) at the closing time.

The stocks, which moved up during early trades include realty and power, whilst IT, auto and banking stocks went down.

BSE Midcap and Smallcap index remained up after gaining 0.82% and 0.84% respectively.


Buy Call For Reliance Power With Target Of Rs 140

Buy Call For Reliance Power With Target Of Rs 140Stock analysts have maintained 'Buy' rating on Reliance Power stock to achieve an intra-day target of Rs 140.

According to them, interested day traders can buy the stock around Rs 35.50 with a stop loss at Rs 133.

Shares of the company, on Tuesday (May 06), closed at Rs 135.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 309.40 and a low of Rs 82 on BSE. Current EPS and P/E of the stock stood at 1.04 & 134.34 respectively.


Market View & Outlook: Nirmal Bang

Market View & Outlook: Nirmal BangThe markets ended flat after a volatile session. Even though the benchmark indices ended flat the undertone of the markets remained strong. The market breadth was in favour of the advances and the volumes were quite high as compared to previous day.

The benchmark index closed marginally lower at 12,131 down just 4 points after trading in the range of 12,197 - 11,985. The Nifty ended 8 points higher at 3,661. Among the Broader indices - the BSE Midcap Index was up 1.85% or 67 and the Smallcap Index rose 1.98% or 80 points.


Buy Praj Industries On Dip: Nirmal Bang

prajNirmal Bang has maintained 'Buy' rating on Praj Industries stock to achieve a target of Rs 87 within 1 to 5 days.

Interested traders can buy the stock on dips with a stop loss of Rs 68.

Shares of the company, on Tuesday (May 05), closed at Rs 72.65 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 221.90 and a low of Rs 45.10 on BSE. Current EPS and P/E of the stock stood at 7.07 & 10.97 respectively.

According to Nirmal Bang, the stock has seen lots of gains in the past few weeks, so buy the stock, it will prove that it's definitely a strategic stock.


Buy Call For Moser Baer With Target Of Rs 85: Nirmal Bang

Moser MoserNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Moser Baer stock with a target price of Rs 85.

The company is presently trading around Rs 72 level.

According to experts at Nirmal Bang, the stock may face some resistance around Rs 78 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 178.

Shares of the company, on Monday (May 04), closed at Rs 127.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 201.30 and a low of Rs 41.10 on BSE.


Bulls seem tired; BSE Sensex loses 178 pts

Bulls seem tired; BSE Sensex loses 178 ptsAfter hovering between positive and negative territory, the market finally ended the day with losses, as investors were seen booking profits ahead of political uncertainties.  

The BSE Sensex closed lower by 178.33 points at 11,952.75 while NSE Nifty ended down by 36.85 points at 3,625.05. The BSE Sensex touched intraday high of 12,272.10 and intraday low of 11,899.41

In addition, BSE Mid Caps and Small Caps also settled the day with losses of 43.03 and 9.57 points at 3,675.84 and 4,153.01 respectively.  


Sector, Fund Activity & International Market Analysis for April 2009: Nirmal Bang

The markets showed immense strength on the back of more than 9% growth in March ending on a positive note gaining as much as 17.46% on Sensex & 15% on Nifty during the April month.

The rally was driven by strong FII inflows in the month of April coupled with quarterly & yearly results which were better than expected. Firm Global markets were amongst the other driving factors behind the huge rally which also saw Midcaps gaining 18.86% & Small caps gaining 21.38% both outperforming the benchmark indices.

Sector Analysis


BSE 500 Review Gainers (April 2009): Nirmal Bang

BSE 500 Review Gainers (April 2009): Nirmal BangFor the month of April 2009 the major gainers in BSE 500 were Reliance Industrial Infrastructure Ltd, Anant Raj Industries Ltd, Jai Corp Ltd, Essar oil Limited and BF Utilities. The major losers were Akruti City, Lakshmi Energy foods Ltd, KSK Energy Ltd, Divis Laboratories and Provogue (India) ltd.

Reliance Industrial Infrastructure Ltd surged 150.38 % over the last one-month period on rumors that it might be merged with another unlisted group company, which owns a 1440-km gas pipeline in the country. However the company has denied the rumors.


Flashback April'2009: Nirmal Bang’s Monthly Report

Flashback April'2009: Nirmal Bang’s Monthly ReportThe April series has been an outstanding month for the benchmark indices, as huge buying was witnessed across the board. In April we saw nifty crossing its long term 200-DMA which in indeed is a very positive sign for the Indian markets.

Global cues remained mixed as we saw Asian, European and US markets trading lower on fears of the Swine flu and renewed credit concerns.

Financial stocks were also volatile after the Federal Reserve asked biggest bank in the US to conduct stress test to determine how they performed.


Derivative Report for the month May'2009: Nirmal Bang

Derivative Report for the month May'2009: Nirmal BangThe May series opened at Rs 30,592 cr as against Rs 27,060 cr last month wherein Nifty futures is Rs 13,580 cr and stock futures are at Rs 17,012 cr. The rising open interest indicates that there is more active participation and the confidence level is also coming back.

The volatility might be sharper in coming days as we have experienced on 28 and 29 April 09 in the Nifty.

Now, it is necessary that the market consolidates and form a strong base so that the current uptrend can sustain and the markets can test 3,800/12,500 levels in the coming days.


Bulls back in Action; BSE-benchmarked Sensex surges 164 pts

Bulls back in Action; BSE-benchmarked Sensex surges 164 ptsThe Indian market, which remained weak in the last two trading sessions, bounced back to end the day with gain of more than 1% or 164.19 pts, mirroring favorable cues from global markets.  

The BSE Sensex closed higher at 12,116.94, while NSE Nifty ended up by 58.85 points at 3,683.90. The BSE Sensex touched intraday high of 12,143.95 and intraday low of 11,981.13.  


Nifty Has A Major Support At 3,615

Nifty Has A Major Support At 3,615 While commenting on the market performance on Thursday, Alex Mathew head, research centre – Geojit BNP Paribas Financial Services stated that the stock markets opened positively owing to strong and supporting signs coming in from the worldwide markets but slipped into the volatile zone immediately and remained the same throughout the day with the stock indices moving up during the second half and ended the day on a high note. 


Buy Bharati Shipyard For Target Of Rs 112

Bharati BharatiStock analysts have maintained 'Buy' rating on Bharati Shipyard stock to achieve an intra-day target of Rs 112.

According to them, interested day traders can buy the stock around Rs 98-100 with a stop loss at Rs 94.

Shares of the company, on Thursday (May 07), closed at Rs 95.30, up 9.3%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was
527,789.

Current EPS and P/E of the stock stood at 47.19 & 2.35 respectively. The share price has seen a 52-week high of Rs 533 and a low of Rs 44.55 on BSE.


Market View & Outlook: Nirmal Bang

Stock MarketsThe benchmark indices closed on a strong note ahead of US bank stress test results. Positive global cues were also supportive, most Asian indices ended higher 2-4% and European markets also opened positive. The Sensex closed 164 points or 1.37% higher at 12,116 and the Nifty shut at 3684 up 1.62% or 59 points. Among the broader indices - the BSE Midcap Index was up 101 points or 2.75% and the Smallcap Index rose 2.66% or 110 points.


Buy Praj Industries To Achieve A Target Of Rs 85

PRAJStock market analysts have suggested investors to buy Praj Industries stock for a short-term period of 1-3 days.

Analysts expect the stock to hit a target of Rs 85.

High risk traders can buy the stock between the levels of Rs 74-77 with a strict stop loss of Rs 70

Today (May 08), the shares of the company opened at Rs 77 on the Bombay Stock Exchange (BSE) as against its last closures at Rs 75.65. The share price has seen a
52-week high of Rs 221.90 and a low of Rs 45.10 on BSE. Current EPS and P/E of the stock stood at 7.07 & 10.85 respectively.


Buy Call For Tata Motors With Target Of Rs 295: Nirmal Bang

TataNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Tata Motors Ltd with a target price of Rs 295 in 1-5 trading sessions.

The company is presently trading around Rs 268-272 level.

According to experts at Nirmal Bang, the stock may face some resistance around Rs 280 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 262.


Buy Call For ‘RCOM’ To Achieve A Target Of Rs 280: Nirmal Bang

RelianceIn its latest research report, Nirmal Bang, an equity research firm, said that Reliance Communications (RCom), which presently stuck in a band of 230-250, can give good returns within 4-5 trading sessions.

The report further stated that, if the counter is successful to breach 250, then it will create a huge breakout.

Nirmal Bang Research has advised investors to hold the stock to achieve a target price of Rs 280.

Furthermore, the firm has suggested a support level for the scrip at Rs 229 and resistance level at Rs 255.


Indian Stock Market closes under 12000 as Banks, Metals and IT stocks plunge

Indian Stock Market closes under 12000 as Banks, Metals and IT stocks plungeAfter a strong session yesterday, Indian Stock Markets registered decline on Friday. The benchmark index ended on a weak note sliding 241 points to 11,876, it touched an intra-day high of 12,180 points. The Nifty fell 1.72% or 63 points to settle at 3,620 after hitting a high of 3710. The BSE Midcap Index ended down 0.4% and the BSE Smallcap Index ended down 0.9%. Banks, metals, telecom and IT shares led the fall in the markets today.


Bulls comes under pressure on ‘Profit Booking’; BSE-Sensex dips 241 pts

Bulls comes under pressure on ‘Profit Booking’; BSE-Sensex dips 241 ptsToday, the BSE-benchmark Sensex opened the day in a good mode, but heavy profit booking led by investors dragged the market to end in red territory.  

The benchmark dropped precipitously lower and tanked around 2% as intense selling pressure was witnessed in key index stocks, which started during afternoon trading session, and continued till the close of market session.


Voltas Ltd Buy Call: Abhishek Jain, StocksIdea.com

VoltasVoltas, A Tata Group Company, is India's premier air conditioning and engineering services provider. It provides engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, climate control, electro-mechanical projects, textile machinery, machine tools, mining and construction, materials handling, water management, building management systems, pollution control and chemicals.


Sensex Has Strong Resistance At 12317-12546: Abhishek Jain, StocksIdea.com

sensexGoing against its overseas peers, the Indian stock markets closed the week on a negative note on Friday after profit booking emerged prior to the election results.

Traders disregarded other worldwide markets that were trading positively after the US banking institutions stress test emerged without major disclosures.

The stock indices belled the day on a flat note mirroring the worldwide markets and remained range bound.

Strong recovery in Asian stocks and positive European markets later was neglected as investors decided to book profits in an over-bought market.


Short Term Buy Call For Bharti Airtel : Abhishek Jain, StocksIdea.com

Bharti AirtelTechnical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy Bharti Airtel stock for a short-term period of 1-2 weeks.

Mr. Jain expects the stock to hit a target of Rs 865.

The company is presently trading around Rs 765-773 level.

According to Mr. Jain, the stock may face some resistance around Rs 851 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 702.

The shares of the company (May 08), closed at Rs 767.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 898.65 and a low of Rs


Short Term Buy Call For ‘HDFC Bank’: Abhishek Jain, StocksIdea.com

HDFC In its latest research report, Abhishek Jain, stocksidea. com, said that HDFC Bank, which presently stuck in a band of 1141-1150, can give good returns in the short term.

The report further stated that, if the counter is successful to breach 1259, then it will create a huge breakout.

Abhishek Jain has advised investors to hold the stock to achieve a target price of Rs 1275.

Furthermore, the firm has suggested a support level for the scrip at Rs 1024.


Buy Samtex Fashions: Abhishek Jain, StocksIdea.com

samtexStock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Samtex Fashions Ltd stock to achieve a short-term target of Rs 25.

According to them, interested investors can buy the stock around Rs 12-14 with a stop loss at Rs 9.

Shares of the company, on Friday (May 08), closed at Rs 13.04, up 4.99%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1,400.

The share price has seen a 52-week high of Rs 19.14 and a low of Rs 5.20 on BSE.

Don't miss the opportunity to reap good returns as the stock has been performing well.


Buy Sudal Industries For Target Of Rs 14.40: Abhishek Jain, StocksIdea.com

Sudal IndustriesStock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Sudal Industries Ltd stock to achieve a target that lies between Rs 12.10 to Rs14.40.

According to him, interested traders can buy the stock at current market price of Rs 10.15 with a stop loss at Rs 10.

Shares of the company, on Friday (May 08), closed at Rs 10.15, up 9.3%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 151.

Current EPS and P/E of the stock stood at 11.43 & 0.89 respectively. The share price has seen a 52-week high of Rs 27.25 and a low of Rs 7.68 on BSE.


Buy Parsharti Investment Ltd: Abhishek Jain, StocksIdea.com

Parsharti InvestmentStock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Parsharti Investment Ltd stock to achieve a target that lies between Rs 7.50 to Rs 9.25.

According to him, interested traders can buy the stock at current market price of Rs 5.35 with a stop loss at Rs 5.

Shares of the company, on Friday (May 08), closed at Rs 10.15, up 9.3%, on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 8.29 and a low of Rs 2.95 on BSE.


BSE Sensex surges 473 points in ninth straight week

BSE Sensex surges 473 points in ninth straight weekThe Bombay Stock Exchange has started to regain its past glory as the 30 shares sensitive index continued to expand for the ninth straight week, crossing psychological level of 12000 points.

BSE Sensex gained 473 points, recording a decent weekly gain as buying continued across several sectors. Sensex zoomed 731.50 points on Monday when it crossed 12k level first time after October 2008. However, the election results on May 16 would play a major role to decide the fate of Indian Stock Market.


Indian Stock Market Roundup: Nirmal Bang Securties

Indian Stock Market Roundup: Nirmal Bang SecurtiesThe benchmark index ended on a weak note sliding 241 points to 11,876, it touched an intra?day high of 12,180 points. The Nifty fell 1.72% or 63 points to settle at 3,620 after hitting a high of 3710. The BSE Midcap Index ended down 0.4% and the BSE Smallcap Index ended down 0.9%. Banks, metals, telecom and IT shares led the fall in the markets today. For the week, the Sensex was however up 4.1 , Nifty ends up 4.2% and Nifty Junior up 4.2%. And sectorally, the BSE Metal Index up 14.5%, BSE Cap Goods Index up 7.2% and BSE Bank Index up 5.3%.


Stock Market Preview and Analysis: Nirmal Bang

Stock Market Preview and Analysis: Nirmal BangJapan's Nikkei average dipped 0.2 percent on Monday, after earlier hitting its highest point in six months, as Toyota Motor Corp skidded after forecasting a much bigger?than?expected $8.6 billion annual loss. But financial shares such as Mizuho Financial Group surged on optimism about the U.S. banking system and the economy as regulators said most U.S. banks were sound. The market is finding it hard to keep surging after rising 34 percent so far from an intra?day low hit on March 10.


Sell SBI - Nirmal Bang

Sell SBINirmal Bang Research has suggested investors to 'sell' State Bank Of India (SBI) stock as there are full chances of a downward trend in this stock in the coming days.

According to report, investors can sell the stock with a strict stop loss of Rs 1,345 to achieve a target that lies between Rs 1,305-1,255.

Today (May 11), the stock opened at Rs 1,389 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 130.14 and 10.32 respectively. The share price has seen a 52-week high of Rs 1768 and a low of Rs 894 on BSE.
 


Sell Reliance Capital – Nirmal Bang

RelianceNirmal Bang Research has maintained 'Sell' rating on Reliance Capital stock to achieve a target of Rs 515.

According to research report, investors can sell the stock with a strict stop loss of Rs 585.

Today (May 11), the stock opened at Rs 595 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 39.41 and 14.42 respectively. The share price has seen a 52-week high of Rs 1470 and a low of Rs 274.20 on BSE.

Nirmal Bang is of the view that investors should sell the stock today in order to avoid loss.


Buy Neyveli Lignite On Dips: Nirmal Bang

Neyveli Lignite Corporation LimitedNirmal Bang has maintained 'Buy' rating on Neyveli Lignite stock to achieve a target of Rs 118 within 4 to 5 trading sessions.

Interested traders can buy the stock on dips with a stop loss of Rs 94, as the stock has given a major trend line breakout 94.

Shares of the company, on Friday (May 08), closed at Rs 102.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 155.44 and a low of Rs 44.50 on BSE. Current EPS and P/E of the stock stood at 6.47 & 15.61 respectively.


Indian Markets close lower on Monday; Stock Market Review: Nirmal Bang

sensexThe benchmark indices ended lower on profit booking and weak Asian and European cues. The sell-off was seen in shares of metal, realty, capital good, infrastructure, telecom, and oil & gas companies. Selling was across the board and all sectoral indices closed in the red. The Bse Sensex ended down 193 points to close at 11,683 after trading in the range of 12,026-11,621. The Nifty shut at 3,554 down 66 points or 1.8% after trading between 3658-3534. Among the broader indices - the BSE Midcap Index slipped 1.56% or 59 points and the Smallcap Index lost 2.15% or 92 points.

Movers & Shakers


BSE Sensex under bear attack; sheds 193 points

sensexThe Indian bourses closed lower for second consecutive day on Monday, due to huge selling pressure in the heavyweight stocks.

The BSE Sensex closed lower by 193.44 points at 11,682.99 while, NSE Nifty ended the day, down by 66.10 points at 3,554.60. The BSE Sensex touched intraday high of
12,026.60 and intraday low of 11,621.30.

In addition, BSE Mid Cap and Small Cap Indices also closed the day with losses of 59 and 91.94 points at 3,711.42 and 4,185.32 respectively.


Sell Jindal Steel & Power – Nirmal Bang

Sell JSPLNirmal Bang Research has suggested investors to 'sell' Jindal Steel & Power stock as there are full chances of a downward trend in this stock.

According to report, investors can sell the stock with a strict stop loss of Rs 1,630 to achieve a target that lies between Rs 1510-1440-1340.

Today (May 12), the stock opened at Rs 1,522, down Rs 74.35, as against its yesterday’s closure at Rs 1,564 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 101.34 and 15.44 respectively. The share price has seen a 52-week high of Rs 2,484 and a low of Rs 517.30 on BSE.
 


Markets may remain low on Tuesday: Nirmal Bang

Markets may remain low on Tuesday: Nirmal BangThe benchmark indices ended lower on profit booking and weak Asian and European cues. The sell?off was seen in shares of metal, realty, capital good, infrastructure, telecom, and oil & gas companies. Selling was across the board and all sectoral indices closed in the red.


Indian Stock Market Preview and Analyst Call: Nirmal Bang

Indian Stock Market Preview and Analyst Call: Nirmal BangAsian stocks slid from a seven?month high, led by banks and mining companies, as HSBC Holdings Plc said 2009 will be a “tough” year and metal prices fell. London? based HSBC said charges for impaired loans rose in all customer groups and regions during the first quarter.


Alok Industries Medium Term Buy Call: Abhishek Jain, StocksIdea.com

Alok Industries Medium Term Buy Call: Abhishek Jain, StocksIdea.comAlok Industries began its work as fabric traders and suppliers to the garment industry in 1986 as a private limited company. Beginning with texturising of yarn, the company steadily expanded into weaving, knitting, processing, home textiles and readymade garments. It also controls an extensive embroidery operation through its sister concern, Grabal Alok Impex Ltd. Today, Alok is amongst the A Group listed companies of India's leading stock exchanges.


NSE Nifty May Correct Up To 3506-3457 Level: Angel Broking

NSE Nifty May Correct Up To 3506-3457 Level: Angel BrokingAccording to Angel Broking's Market Outlook report, if NIFTY trades lower than 3583 during the first half-an-hour of trade, then there are chances that it may correct up to 3506 -3457.

The trend determining level for the day stood at 3583 / 11777.

If NIFTY trades higher than the said level in the first half-an-hour of trade, then investors may see a further rally up to 3632/11933.

But, if NIFTY trades below 3583 / 11777 during the first half-an-hour of trade, it may see correction up to 3506 -3457 / 11527 – 11372.


Market Ignores IIP Data; Sensex Rallies Over 250 Pts

 Market Ignores IIP Data; Sensex Rallies Over 250 PtsThe Sensex gained momentum as traders ignored lower than expected IIP data.

IT, banking, realty and oil & gas witnessed good buying action, which backed the upward move.
 
BSE Midcap and Smallcap index also gained 0.17% and 0.65% respectively.

During March 2009, Index for industrial production (IIP) saw a negative growth of 2.3% mainly because of poor performance by the manufacturing segment as compared to negative growth of 0.7% (revised) during the previous month.


Havell’s India Long Term Buy Call: Abhishek Jain, StocksIdea.com

Havell’s India Long Term Buy Call: Abhishek Jain, StocksIdea.comHavell's is helping to boost safety in workplaces from the factory to the offices, domestic buildings to commercial plazas, with the help of state of the art equipments and manufacturing facilities. Powerful trends are shaping up industry for the 21st century. Because of rapid spread of advanced technologies complexity of work is increasing - almost daily.


Buy Call For ‘BEML’ With A Target Of Rs 570: Nirmal Bang

bemlNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy BEML Limited with a target price of Rs 570 in 4-5 trading sessions.

The company is presently trading around Rs 516-520 level.

According to experts at Nirmal Bang, the stock may face some resistance around Rs 540 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 490.


Buy DLF, Target Rs 270: Nirmal Bang

DLF GroupIn its latest research report, Nirmal Bang, an equity research firm, said that DLF, which presently stuck in a band of 235-240, can give good returns within 4-5 trading sessions.

The report further stated that, if the counter is successful to breach 242, then it will create a huge breakout.

Nirmal Bang Research has advised investors to hold the stock to achieve a target price that lies between Rs 255-270.

Furthermore, the firm has suggested a support level for the scrip at Rs 220.


Buy EduComp Solutions – Nirmal Bang

EducompNirmal Bang has maintained 'Buy' rating on EduComp Solutions stock to achieve a target of that lies between Rs 2620-2750 within 4-5 trading sessions.

Interested traders can buy the stock on dips with a stop loss at Rs 2370.

The report further stated that, if the counter is successful to breach 2,470, then it will create a huge breakout.

Shares of the company, on Tuesday (May 11), closed at Rs 2,423.20 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 4,185 and a low of Rs 1,331 on BSE. Current EPS and P/E of the stock stood at 74.14 & 32.93 respectively.


Indian Stock Market Analysis: Nirmal Bang Securities

Bombay Stock ExchangeThe benchmark indices ended on a strong note after two days of profit booking. This sharp rally was despite the weak IIP data, which came in at ?2.3% for March. Fresh buying and huge short? covering was witnessed across the board. Technology, banking, realty, telecom and infrastructure stocks supported today's rally.

The Sensex surged 475 points and touched an intraday high of 12,194 before closing at
12,158 up 4.07%. The Nifty ended 3.56% or 126 points higher at 3681 after hitting day's high of 3691. Among the broader indices ? the midcap and smallcap indices on Bse were up 0.94 % and 1.32 %.


Expect markets to remain rangebound: Nirmal Bang

ChinaChina's industrial production grew less than economists estimated in April as electricity output fell and exports tumbled. Retail sales climbed. Output rose 7.3 percent from a year earlier, the statistics bureau said today, after gaining 8.3 percent in March. That was less than the 8.6 percent median estimate of 20 economists surveyed by Bloomberg News. Retail sales grew 14.8 percent from a year earlier. Most of the Asian markets were flat. The MSCI Asia Pacific Index rose 0.1 percent to 97.95 as of 11 a. m. in Tokyo. The benchmark dropped yesterday, ending a six? day winning streak.


BSE Sensex down by 138 points, Stock Market Roundup by Nirmal Bang Securities

stock marketsIndian Stock Markets closed lower on Wednesday after registering a decent gain on Tuesday. The benchmark indices ended lower after an extremely volatile session ahead of election results on May 16. US Markets closed mixed on Tuesday. Nasdaq closed at 1715 while Dow Jones was up by 50 points at 8469.

After yesterday's sharp rise, markets witnessed profit booking at higher levels. Banking, metal, infrastructure, technology and oil & gas shares were under pressure. The Sensex closed at 12,019 down 138 points and remained in the range of 12256-11934. The Nifty shut at 3635 down 46 points or 1.25% after swinging in the range of


Stock Market Outlook and Analyst Call: Nirmal Bang Securities

Stock Market Outlook and Analyst Call: Nirmal Bang SecuritiesU.S. and European stocks fell yesterday as American retail sales unexpectedly decreased in April, the Bank of England said the U.K. economy faces a slow recovery and companies from ING Groep NV to Applied Materials Inc. posted losses. Treasuries rose, while copper tumbled for a fifth day. The 0.4 percent decrease in retail sales followed a revised 1.3 percent drop in March that was larger than previously estimated. Excluding auto dealers, sales fell 0.5 percent. Walt Disney Co., Fortune Brands Inc. and Best Buy Co.


Intraday Buy Call For HDIL

HDILStock market analysts have maintained ‘Buy’ rating on Housing Development and Infrastructure Limited (HDIL) stock to achieve an intra-day target of Rs 190.

According to analysts, day traders can buy the stock above Rs 183 with a stop loss of Rs 181.

Shares of the company, on Wednesday (May 13), closed at Rs 179.90 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 53.60 and 3.27 respectively. The share price has seen a 52-week high of Rs 675.32 and a low of Rs 62.50 on BSE.


Be Cautious, Traders warned about Volatile Markets: Nirmal Bang

Be Cautious, Traders warned about Volatile Markets: Nirmal BangThe benchmark indices ended lower after an extremely volatile session ahead of election results on May 16. After yesterday’s sharp rise, markets witnessed profit booking at higher levels. Banking, metal, infrastructure, technology and oil & gas shares were under pressure. The Sensex closed at 12,019 down 138 points and remained in the range of 12256?11934. The Nifty shut at 3635 down 46 points or 1.25% after swinging in the range of 3709?3610.


Near Term Support For Nifty Is At 3500: Nirmal Bang

NiftyNIfty once again traded from the level of 3723, but could not maintain beyond that level.

However, this has clarified that stock markets are going through distribution pattern at higher levels.

At this time, the outlook still remains precautious as Nifty is caught in the range of 3500-3730.

A new development will appear only if nifty future breaches this range.

Till then investors are advised to keep away from the market till the election results are out.

The near term support for Nifty is at 3500, and breaching this level can take nifty future to 3250.


Sensex Falls 270.98 Pts On Uncertainty Over Election Result

StockThe Sensex belled the day negatively following weak global cues and also because of concerns over the results of general elections.

Heavy selling action witnessed across the board with Metal, banking, IT and realty stocks topping the declining charts.

At 10:05 a. m., the benchmark Sensex dropped 270.98 points to 11,748.67, after touching a high of 11,774.04 and a low of 11,695.52.

The broad based Nifty slid 54.40 points to 3,580.85, after hitting a high of 3,631.90 and a low of 3,537.60.

BSE Midcap and Smallcap index declined 1.10% and 1.27% respectively.


Profit Booking and Weak Global markets drag Benchmark Indices

Profit Booking and Weak Global markets drag Benchmark IndicesThe benchmark indices ended lower for the second consecutive on the back of weak US and Asian cues. The Sensex closed 147 points lower at 11,873 after swinging in the range of 11935-11695. The Nifty shut down 1.15% or 42 points to settle at 3,593. Among the broader indices the BSE Midcap Index was up 15 points and the Smallcap Index rose 23 points. Selling pressure was seen in oil & gas, technology and capital goods stocks, while buying was visible in realty, auto and FMCG.


Indian Stock Market View & Outlook: Nirmal Bang

Indian Stock Market View & Outlook: Nirmal BangThe benchmark indices ended lower for the second consecutive on the back of weak US and Asian cues. The Sensex closed 147 points lower at 11,873 after swinging in the range of 11935?11695. The Nifty shut down 1.15% or 42 points to settle at 3,593. Among the broader indices the BSE Midcap Index was up 15 points and the Smallcap Index rose 23 points. Selling pressure was seen in oil & gas, technology and capital goods stocks, while buying was visible in realty, auto and FMCG.


Indian Stock Market to remain range-bound with positive opening: Nirmal Bang

Indian Stock Market to remain range-bound with positive opening: Nirmal BangUS Stocks rose on Thursday as investors returned to financial and technology shares on bets the recent rally could have more room to grow after a brief pullback.

Technology gains were led by big?cap tech and semiconductor companies after five straight days of losses for the PHLX Semiconductor index Apple Inc was among the top boosts on Nasdaq, rising 2.9 percent to $122.95, while the PHLX index climbed 3.2 percent.


Neyveli Lignite Corporation Medium Term Buy Call: Abhishek Jain, StocksIdea.com

Neyveli Lignite CorpNeyveli Lignite Corp. (NLC), established in November 1956, is the largest industrial complex with mining, power, fertiliser and briquetting (the process of converting raw lignite into solid fuel) and carbonizing plants all at one place. Production of lignite commenced from 1961. NLC has the only lignite based thermal power station in Asia, and is the first pithead thermal power station in the country. Government of India provided Miniratna status to Neyveli Lignite Corporation Limited. The Mini Ratna Status enables an Enterprise to exercise enhanced autonomy and higher delegation of powers.


Ahead Of Poll Results, Sensex Ends Strong After Gaining 300.51 Pts

Sensex Gains 300.51 PtsChasing strong global signals previous to election results, the 30-share-index BSE Sensex closed the week on a strong note after gaining 300.51 points, which was also a seven-month closing high for the index.

The stocks, which remained in limelight on Friday included banking, capital goods, consumer durables, IT and realty.

Mirroring strong buying as well as cues from foreign market, BSE Midcap and Smallcap also marked their closures on a positive note.

BSE Midcap closed 1.33% higher and BSE Smallcap Index closed up 0.84%.


Buy Maruti Suzuki

Maruti RitzStock market analysts have maintained buy rating on Maruti Suzuki India stock with a target price of Rs 944.

According to analysts, investors can buy the stock around Rs 842 with a stop loss of Rs 825.

Shares of the company, on Friday (May 15), closed at Rs 847.55, up Rs 13.60, on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 42.18 and 20.09 respectively. The share price has seen a 52-week high of Rs 873 and a low of Rs 428.40 on BSE.

The stock looks good, and it is ready to hit a new 52-week high. So buy the stock to reap hefty returns in the short term.


Balrampur Chini Medium Term Buy Call: Abhishek Jain, StocksIdea.com

Balrampur Chini Mills Limited Balrampur Chini Mills Limited is a leading producer of sugar, molasses, and industrial alcohol in India. The factories of the company are located at Balrampur, Bhabnan, Tulsipur and Haidergarh both in Uttar Pradesh. The company is making growth through acquisition and expansion of sugar capacities. It is one of India's premier sugar companies keeping its position ahead through sustained expansion of its sugar manufacturing operations - an area where it hold competence - at global efficiencies of cost & quality standards of customer service.

Products & Services-


Stocks looking strong after Election Results: Analyst Views

stock markets

BREAK UP OF GENERAL ELECTIONS 2009 Finally the day that counts is
here. What happens today is likely to shape the future of the nation.
The UPA or the United Progressive Alliance - formed with a majority of
Congress party, sprang a surprise when they snatched victory from the
defeat predicted by the poll pundits.


Short Term Buy Call For Bombay Dyeing

Bombay DyeingStock market analysts have maintained buy rating on Bombay Dyeing & Manufacturing Company with a target price of Rs 300 within the next three months.

According to analysts, investors can buy the stock between Rs 200-210 with a stop loss of Rs 169.

Shares of the company, on Friday (May 15), closed at Rs 235.50 on the Bombay Stock Exchange (BSE). The total volume of the shares traded was 1,665,657. The share price has seen a 52-week high of Rs 1033 and a low of Rs 110 on BSE.


Buy Axis Bank - Sudarshan Sukhani

Buy Axis Bank - Sudarshan Sukhani  Technical Analyst, Sudarshan Sukhani has maintained buy rating on Axis Bank with a target price above Rs 713.

According to analysts, investors can buy the stock on dips with a stop loss of Rs 680.

Shares of the company, on Friday (May 15), closed at Rs 659.40 on the Bombay Stock Exchange (BSE). The total volume of the shares traded was 1,194,521. The share price has seen a 52-week high of Rs 917.40 and a low of Rs 278.50 on BSE.


Small Investors miss opportunity; Indian Markets rise on low volumes

India Stock MarketsBSE Sensex was up by 10.7 percent before the halt. The closing of previous quarter is considered as a base and if the stock indices rise 10, 15 or 20 percent, the upper circuit will be hit. NSE Nifty soon surged to 4200 level, up by nearly 14.4%. This triggered the first trading halt as the markets were locked in upper circuit.

If one Stock exchange hits upper circuit, the trading is halted and the trading will also be halted on the second exchange. In today's session, the volumes were low on both the stock exchanges.


Indian Markets witness amazing rally; Trading Halted after upper two circuits

Indian Stock markets Indian Stock markets opened with huge gap on Monday and both benchmark indices hit the upper circuit within first few minutes of trade. BSE Sensex and NSE Nifty witnessed a decent rally and the trading was halted for 2 hours.

As the trading resumed, Stock markets again hit the upper circuit. BSE Sensex was up by 17.24 per cent at 14272. NSE Nifty gained 17.33% or 636 points to close at 4308. SEBI has halted trading for the day as stock markets hit the upper circuit twice.


Weekly Indian Stock Market Outlook: FairWealth Securities

Weekly Indian Stock Market Outlook: FairWealth SecuritiesNifty on account of stable government ahead opened gap up and hit 15% upper circuit in first 5 min of trade & after hitting the next 20% filter markets remained shut for the remaining part of the day and finally closed at 4308.

In coming days Nifty may trade rangebound and may again see consolidation at above 3834 levels before continuing its upward journey. On daily closing RSI has reached a value of 80 which is a high extreme value of RSI.


Sensex Up 289.13 Pts At 14,573.34; Realty, Capital Goods, Bankex Surge

India Stock MarketsThe Sensex continued its strong rally on the back of continued buying interest witnessed across index pivotals.

Investors were aggressively buying capital goods, auto, metal and banking stocks on hopes of reforms while at the same time IT stocks were being ditched on worries that increasing Indian currency could strike profit margins

Secondline stocks also backed the upmove.

BSE Midcap Index was up 4.92 per cent and BSE Smallcap Index advanced 3.42 per cent.


Intraday Buy Call For Suzlon Energy

SuzlonEnergy LtdStock market analysts have maintained 'Buy' rating on SuzlonEnergy Ltd to achieve an intra-day target of Rs 100.

According to analysts, day traders can buy the stock between Rs 89-91 with a stop loss of Rs 86.50.

Shares of the company, on Tuesday (May 19), closed at Rs 89.85 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 1.31 and 70.69 respectively. The share price has seen a 52-week high of Rs 320.80 and a low of Rs 33.05 on BSE.

On May 13, the company divested its 2% equity stake by selling off 30 million shares.


Sensex Volatile; Metal, Auto, Realty Gain

India SensexThe Sensex was showing volatility owing to lack of support at upper levels.

Buying and selling was being seen across select frontline stocks. Secondline stocks also remained up.

Consumer durables, metal, auto and realty led, while banking and FMCG dropped.

The BSE Midcap and Smallcap index gained 5.28% and 6.81% respectively.

A dealer from local brokerage firm said that as the majority of frontline stocks look overstretched, investors have shifted their focus on tier II stocks that are available at good prices.


Indian Markets end lower due to profit booking

Indian Stock MarketsThe UPA win party seems to be over for Sensex stocks, but Mid Cap and Small caps performed very well today. Indian Stock Indices ended the day lower as traders booked profit in frontline stocks. The benchmark indices ended lower on the back of profit booking in telecom, technology, oil & gas and financial stocks. The Sensex closed at 14,060 down 241 points after trading in the range of 14405-13976. The Nifty shut at 4270 down 48 points or 1.1% after hitting a low 4244 and a high of 4362. The broader markets outperformed the benchmark indices. The BSE midcap index surged 6 % while the BSE small cap index rose 8.8 %.


Bajaj Hindustan Medium Term Buy Call: Abhishek Jain, StocksIdea.com

Bajaj Hindusthan LimitedBajaj Hindusthan Limited, is a Bajaj Group company engaged in the manufacture of sugar and molasses for production of industrial alcohol. Bajaj Hindusthan Ltd. (BHL), a part of the 'Bajaj Group', is India's Number One sugar and ethanol manufacturing company, headquartered at Mumbai (Maharashtra), India. The Company has ten sugar plants, which are all located in the northern Indian state of Uttar Pradesh (UP).

Products & Services—


Sensex Falls On Profit Booking; Midcaps, Smallcaps Surge

StockProfit booking in frontline stocks continues to drag the markets lower.

PSU, real estate, consumer durables and metal stocks were in limelight, whereas auto, capital goods and FMCG fell marginally.

However, the mid-cap and the small-cap stocks continue to remain in demand. BSE Midcap and Smallcap index gained 2.99% and 6.13% respectively.

For the week ended May 9, 2009, the country's benchmark wholesale price index (WPI), annual inflation increased by 12 basis points to 0.60% as against 0.48% during the last week.


Suzlon, Welspun Gujarat and Moser Baer look good buys on decline: Nirmal Bang

Suzlon, Welspun Gujarat and Moser BaerThe benchmark indices ended lower on the back of profit booking in telecom, technology, oil & gas and financial stocks. The Sensex closed at 14,060 down 241 points after trading in the range of 14405?13976. The Nifty shut at 4270 down 48 points or 1.1% after hitting a low 4244 and a high of 4362. The broader markets outperformed the benchmark indices. The BSE midcap index surged 6 % while the BSE small cap index rose 8.8 %.


Indian Markets close lower as Traders book profits

Stock Market IndiaThe benchmark indices continued to remain under selling pressure for the third consecutive day. The Sensex ended at 13,736 down 324 points after trading between 14,089 and 13,704. The Nifty shed 59 points or 1.39% to settle at 4,211 after trading in the range of 4318-4199. Among the broader indices - the BSE smallcap index gained over 2.5 % while the midcap index remained unchanged. Capital goods, banking and auto stocks fell today while oil & gas counters advanced today. The market breadth was quite strong and the volumes were lower compared to previous sessions.

Movers & Shakers


Buy RCom On Dips: Nirmal Bang

relianceNirmal Bang has maintained 'Buy' rating on Reliance Communications Ltd stock to achieve a target of Rs 350 within 4 to 5 trading sessions.

Technically on the daily chart the counter is giving an overbought sign as the RSI is at 77, but the stock can be purchased on dip as strong support is placed in the region of
290-275.

Shares of the company, on Thursday (May 21), closed at Rs 322.30 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 606.70 and a low of Rs 131.35 on BSE. Current EPS and P/E of the stock stood at 11.40 & 27.61 respectively.


Indian Stock market update and Analyst Calls

Bombay Stock MarketsAfter a decent post election result rally, Indian stock markets are witnessing pressure as valuations seemed over-stretched. Also, many traders booked profits at higher levels as markets surprised most of them with historical rise in a single day.

The benchmark indices continued to remain under selling pressure for the third consecutive day. The Sensex ended at 13,736 down 324 points after trading between
14,089 and 13,704. The Nifty shed 59 points or 1.39% to settle at 4,211 after trading in the range of 4318?


Buy Call For Biocon With Target Of Rs 195: Nirmal Bang

BioconNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Biocon Ltd with a target price of Rs 195 in the coming days.

The company is presently trading around Rs 166-171 level.

According to experts at Nirmal Bang, the stock may face some resistance around Rs 171 levels, but after that it can even have more upward movement. This stock has been consolidating above its 200-day moving average of 140 and is now giving a sign of revival.

The scrip has very strong support at Rs 150-140.


Buy Rolta On Dip: Nirmal Bang

Rolta IndiaNirmal Bang has maintained 'Buy' rating on Rolta stock to achieve a target of Rs 130 within 4 to 5 trading sessions.

According to Nirmal Bang, huge buying interest seen in today's session, this stock has been underperforming for quite some time, buy on dip, strong support area 90-86 and resistance is at 117.

Shares of the company, on Thursday (May 21), marked its closure at Rs 105.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 360 and a low of Rs 40.70 on BSE. Current EPS and P/E of the stock stood at 19.85 & 5.81 respectively.


Sensex Exhibits Volatility; ACC, ONGC, M&M Decline

Stock marketsFriday turned a choppy session for Indian markets owing to lack of direction.

Negative global signals kept the stock markets under check. All these reasons also weighed on the investor reactions.

While capital goods and pharma stocks were in demand; realty, metals and auto counters were down.

At 1:00 p. m., the 30-share-index BSE Sensex gained 42.15 points at 13778.69.

Meanwhile, the broad based Nifty index stood at 4199.65, down 11.25 points. The index touched an intra-day low of 4155.85 and high of 4236.35.


Capital Goods, Power and Banking Stocks lift Indian Indices during the closing session

Capital Goods, Power and Banking Stocks lift Indian Indices during the closing sessionThe benchmark indices ended higher after three day's of consolidation. Buying was seen in infrastructure, banking, capital goods, pharma, while auto, select cement, reality and technology stocks remained under selling pressure. The Sensex was up 151 points to close at 13887 after remaining in the range of 13936-13611. The Nifty shut at 4238 up 28 points. Among the broader indices - the BSE smallcap index rose 3.2 % and the BSE midcap index gained 1.8 %, outperforming the Sensex.


Stock Market Preview and World Markets Roundup: Nirmal Bang

Treasury Secretary Timothy GeithnerTreasury Secretary Timothy Geithner said the Obama administration is committed to reducing the federal budget deficit after concerns rose that the U. S. debt rating may eventually be threatened with a downgrade. He added that the target is reducing the gap to 3 percent of gross domestic product or smaller, from a projected 12.9 percent this year. Britain saw its own AAA rating endangered earlier yesterday when Standard & Poor's lowered its outlook on the nation's grade to "negative" from "stable," citing a debt level approaching 100 percent of U. K. GDP.


Short Term Buy Call For RCom: Abhishek Jain, StocksIdea.com

RelianceTechnical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy Reliance Communications stock for a short-term period of 1-2 weeks.

Mr. Jain expects the stock to hit a target of Rs 355.

The company is presently trading around Rs 312-316 level.

According to Mr. Jain, the stock may face some resistance around Rs 342 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 260.

The stock is looking technically strong and the indicators are showing good up move for next few days.


Short Term Buy Call For ‘ONGC’: Abhishek Jain, StocksIdea.com

ONGCIn its latest research report, Abhishek Jain, stocksidea. com, said that ONGC, which presently stuck in a band of 1040-1047, can give good returns in the short term.

The report further stated that, if the counter is successful to breach 1146, then it will create a huge breakout.

Abhishek Jain has advised investors to hold the stock to achieve a target price of Rs 1170.

Furthermore, Jain has suggested a support level for the scrip at Rs 921.


Sensex Has Strong Resistance At 14137: Abhishek Jain, StocksIdea.com

India Stock MarketsIndian stock markets closed trade in the positive terrain on Friday, with a key index surging 150 points, as against its last closure.

The 30-share index Sensex of the Bombay Stock Exchange (BSE), which belled the day at 13,663.54 points, closed at 13,887.15 points, up 150.61 points (1.1%) above Thursday's close.

The S&P CNX Nifty of the National Stock Exchange (NSE) also closed in green at 4,233.15 after gaining 0.53 per cent.

Broader market indices also closed higher, with the BSE midcap index ending trade 1.75 per cent up, and the BSE smallcap index gaining 3.19 per cent.


Nifty Has Major Support At 4,150-3,886

global marketsWhile commenting on the market outlook for May 25, 2009, Alex Mathew, head, research centre, Geojit BNP Paribas Financial Services stated that Nifty has a major support at 4,150 and 3,886 that is still unbroken while the resistance is there at 4,375 and 4,450 levels.


Buy ACC On Dips

Buy ACC On Dips  Stock market analysts have maintained ‘Buy’ rating on ACC stock to achieve a target of Rs 790 within 4 to 5 trading sessions.

According to analysts, investors can buy the stock on dips with a stop loss of Rs 700.

Shares of the company, on Friday (May 22), closed at Rs 729 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 782 and a low of Rs 369 on BSE. Current EPS and P/E of the stock stood at 67.13 & 10.86 respectively.


Oudh Sugar Limited Buy Call: Abhishek Jain, StocksIdea.com

Oudh Sugar Limited Buy Call: Abhishek Jain, StocksIdea.comThe Company belongs to the K.K. Birla Group. Oudh Sugar was set up in 1932 at Mumbai and initially a sugar mill was set up at Hargaon, Dist. Sitapur (U.P.). In the year 1976, Oudh Sugar purchased a sugar factory at Rosa in UP from Carew & Company Ltd having a crushing capacity of 1,000 tones per day. In 1980, its unit was transferred to a new company Akola Oil Industries Ltd as on 1st, July. After the family split following the death of Ghanshyam Das Birla, the K K Birla group was carved out in 1983.


Sensex Gains 121.60 Pts In Early Trade; DLF, Bharti Surge

India Stock MarketsAmid volatility, the Bombay Stock Exchange benchmark Sensex gained more than 120 points during early trade today.

The Sensex surged on account of increased buying by funds plus retail investors on expectations of an increase in monetary reforms by the new administration, even though other Asian stock markets were trading negative.


Buy Federal Bank On Dips

Federal BankStock market analysts have maintained 'Buy' rating on Federal Bank stock to achieve a target of Rs 270 within 4 to 5 trading sessions.

According to analysts, investors can buy the stock on dips with a stop loss of Rs 208.

Shares of the company, on Friday (May 22), closed at Rs 228.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 262.40 and a low of Rs 110.50 on BSE. Current EPS and P/E of the stock stood at 28.62 & 8.15 respectively.

Federal Bank, on May 22, announced an increase of 10.99% in its net profit for the quarter ended March 31, 2009.


Sensex Regains 14k; Ranbaxy Soars 17%

Sensex UpKey indices gained their lost positions today, after initial session of profit booking as index heavyweights trimmed losses.

Realty, auto, pharma and FMCG stocks led the sectoral charts whereas oil & gas remained a little subdued. Tier II, III stocks continued to outperform the market.

Banking stocks were also up on hopes that declining interest rates will improve credit growth.

Passive global markets also kept the markets under control.

At 12:08 pm (IST), the BSE 30-share Sensex gained 119 points at 14,006 and NSE Nifty stood at 4,261, up 22 points.


Indian Stocks to remain range-bound: Nirmal Bang

Indian Stocks to remain range-bound: Nirmal BangThe benchmark indices ended flat after trading in a very narrow range. The Sensex swung between day's high of 14,028 and a low of 13,819, before closing the day at 13,913 up 26 points. While the NSE Nifty shed 0.95 points to close at 4,237, after swinging between an intraday high of 4,270 and low of 4,205. Among the broader indices – the BSE Midcap Index gained 2.83% or 134.47 points and the Smallcap Index rose 5.01% or 276 points. Buying interest was seen in realty, pharma, metals, auto and oil & gas stocks.


Stock Market Technical and Fundamental Analysis: Nirmal Bang

Stock Market Technical and Fundamental Analysis: Nirmal BangBrazilian stocks gained for a second day after the country’s consumer confidence jumped to the highest level in eight months and increases in metals prices sent producers higher.

European stocks rose for the first time in three days as a rally in health?care and food shares overshadowed lower?than?estimated German business confidence and North Korea’s first nuclear test in three years.


Sensex plunged 324 pts ahead of F&O Expiry

Bombay Stock ExchangeThe domestic market extended its losses on Tuesday to close in negative territory ahead of the expiry of May 2009 F&O contract, which due on Thursday.

The BSE Sensex closed lower by 323.99 points at 13,589.23 while NSE Nifty settled the day at 4,116.70, down by 120.85 points. The BSE Sensex touched intraday high of 13,991.46 and intraday low of 13,518.79.

Further, BSE Mid Caps and Small Caps indices were under pressure and closed the day with losses of 166.06 and 180.77 points at 4,724.09 and 5,608.66.


Indian Markets should register gains as global cues strong: Analyst Views

Indian Markets should register gains as global cues strong: Analyst ViewsThe markets ended sharply lower after consolidating for couple of days. The Sensex shed 324 points or 2.33% to settle at 13,589 after hitting a low of 13,518. The Nifty touched an intraday low of 4092 before closing the day at 4117 down 2.85% or 121 points. The broader markets on the BSE also witnessed huge selling. The BSE small cap index fell 3.1 % and the BSE midcap index shed 3.4 %.


Analyst View and Technical Analysis for Indian Stock Markets

Analyst View and Technical Analysis for Indian Stock MarketsNifty future has just closed at its 61.8% retracement level of 4115 as shown below on the daily chart. If Nifty trades below the 4115 mark in coming days, then we could witness a major breakdown, or for trader’s it’s a buying opportunity keeping a stop?loss of 4115. Resistance point is at 4205?4275. Fresh buy only if nifty maintains above 4300.


Buy Call For Satyam Computer With Target Of Rs 72: Nirmal Bang

SatyamNirmal Bang has maintained ‘Buy’ rating on Satyam Computer Services Ltd stock to achieve a short term target of Rs 72.

The interested investors can buy the stock on dips and hold it to reap good returns. The strong support is placed in the region of 48.

The stock may face some resistance around Rs 56 levels, but after that it can even have more upward movement.

Shares of the company, on Tuesday (May 26), closed at Rs 52.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 544 and a low of Rs 11.50 on BSE. Current EPS and P/E of the stock stood at 21.32 & 2.56 respectively.


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



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