Buzzing Stocks

Sita Shree Food Products ends day one at 47% premium to issue price

Indore-based, Sita Shree Food Products managed to get listed on the National Stock Exchange (NSE) at Rs 35 per share, at a premium of 16.7% or Rs 5 over the offer price of Rs 30 per share.

Time Technoplast completes acquisition of 100% shareholding in Gulf Powerbeat WLL

Time Technoplast Ltd (TTL) has announced the completion of acquisition of 100% shareholding in Gulf Powerbeat WLL, (GPW) a state-of-the-art manufacturing facility Located in Kingdom of Bahrain - th

International stock market quotations

International stock market quotationsFrankfurt - The following in

Government of Singapore purchases 5% stake in ICSA

Hyderabad-based, ICSA (India) Limited, has informed that the Government of Singapore Investment Corporation, a financial services arm of the Singapore government, has picked up 5.02 per cent equity

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.

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.

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