After opening positively on Thursday (July 31), Indian equities continued to remain 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.

Stock market analyst, Vishwas Agarwal warned the investors to stay away from 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.

Indian equities, on Thursday (June 19), ended the day on a weak note following 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.

Technical Analyst, Rahul Mohindar of Viratechindia is of the view that 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.

Technical Analyst, Rajat K Bose is of the view that investors can buy 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.

Stock market analyst Hitendra Vasudeo of stockmechanics.com is of the view 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.