Intraday Stock Cash Tips:-
BUY GODFRY ABOVE 1485 TG-1495-1508 SL 1463.3
BUY REPRO ABOVE 492 TG-496-501 SL 483.3
BUY TATAELEXI ABOVE 2135 TG-2148-2165 SL 2111.1
BUY ZENSRTECH ABOVE 1045 TG-1053-1063 SL 1028.3
Indian Market Overview:-
- The market has opened flat. The Sensex is up 22.40 points or at 25172.75 and the Nifty is up 9.35 points at 7659.40. About 321 shares have advanced, 110 shares declined, and 34 shares are unchanged. Sun Pharma, Hindalco, Tata Steel, Coal India and Maruti are top gainers while Cipla, ICICI Bank, ITC, HDFC Bank and Tata Motors are down in the Sensex.
- Equity benchmarks bounced back on Monday after losing more than 2 percent in previous week.
- Nifty future down by 40 points to close at 7668. The 30-share BSE Sensex down 105 points at 25150.
- The market breadth was weak asØ about 988 shares advanced against 1661 declining shares on the BSE. The country's wholesale inflation, which has been in negative territory for thirteen monthsØ now, eased a bit, with the wholesale price index coming in at -1.99 percent in November compared to -3.81 percent in October and versus a forecast of -2.59 percent.
- Handset maker Micromax will invest Rs. 300 crore over the next few months as it sets up three new manufacturing units in India to ramp up domestic production and reduce dependence on imports from China.
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