Stock Market Down Sharply on Broad Based Selling

Nifty sinks below 8050, Sensex falls sharply; Banks drag

After massive cuts yesterday, the market has again opened at 2015 lows. The Sensex is down 93.07 points at 26624.30 and the Nifty is down 40.50 points at 8056.50. About 294 shares have advanced, 487 shares declined, and 83 shares are unchanged.

Cipla, Dr Reddy's Labs, GAIL, Axis Bank and Wipro are major laggards while TCS, NTPC, Coal India, ONGC and Infosys are top gainers in the Sensex.

Indian rupee has opened at its lowest level in 2015, down 24 paise to 63.78 a dollar against previous day's closing value of 63.54 per dollar.
Today’s Stock Trading Tips:

BUY HDIL (LCP-110 ABOVE 111 TG-114-119

BUY AJANTA PHARMA (LCP 1420) ABOVE 1422 TG-1435-1450

BUY STAR (LCP-1001 ABOVE 1003 TG-1018-1039

BUY GLENMARK PHARMA(LCP 847) ABOVE 850 TG-858-870

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Stock Trading Tips & Opening Bell

Sensex, Nifty flat; Sun Pharma tanks 11%, HCL Tech slips 7%

The market has opened in red once again. The Sensex is down 50.65 points at 27835.56, and the Nifty is down 26.55 points at 8421.55. About 369 shares have advanced, 263 shares declined, and 87 shares are unchanged.

Sun Pharma loses 9 percent while HCL Tech is also down 9 percent. Wipro, HDFC, Cipla and Tata Motors are major laggards. Coal India, BHEL, Tata Steel, Sesa Sterlite and Reliance are top gainers in the Sensex.

The Indian rupee continues to slide, opening lower by 23 paise at 63.14 per dollar against its previous close of 62.91. On Monday, the rupee touched a one-month low of 62.93 on back of possible demand for the US dollar by defense and oil marketing companies. The dollar rose broadly, with the euro sliding against the US currency, on growing concern that Greece may default on debts.
Stock Cash Tips for Today:

SELL BEML (LCP-1067.2) BELOW 1065 TG-1057-1048

SELL SYMPHONY (LCP 3008.7) BELOW 3005 TG-2990-2965

SELL AJANTA PHARMA (LCP-1423.25) BELOW 1420 TG-1411-1402

SELL WHEELS (LCP-1283.1) BELOW 1280 TG-1272-1261

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Stock Market Opening Bell

Sensex, Nifty open flat; HDFC, SBI, L&T gainers

The market opened higher on first day of truncated week but immediately gave up gains to trade flat. The Sensex rose 5.03 points to 28884.41 while the Nifty fell 6.95 points to 8773.40. The broader markets continued to outperform benchmarks with the BSE Midcap and Smallcap indices rising 0.3-0.6 percent. About 704 shares have advanced, 253 shares declined, and 88 shares are unchanged on the BSE.

L&T, BHEL, HDFC, SBI, Cipla, Tata Steel and NMDC gained 0.5-1 percent while GAIL dropped 2 percent. Dr Reddy's Labs, M&M, HDFC Bank, Sesa Sterlite and Coal India declined 0.5-1 percent. The Indian rupee opened flat at 62.33 per dollar today against Friday's closing value of 62.31 a dollar.

Intraday Stock Tips:
BUY ZYDUS (LCP-1040.3) ABOVE 1043 TG-1051-1060

BUY BEML (LCP 1158.45) ABOVE 1162 TG-1171-1183

BUY VGUARD (LCP-1021.4) ABOVE 1025 TG-1034-1045

BUY WHEELS (LCP-1334.85) ABOVE 1338 TG-1348-1359

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Live Stock Market Closing Bell News — Sensex maintains upside; Coal India, RIL lead

The market rallied for the fourth consecutive day on Wednesday led by Reliance Industries. The Sensex gained 191.16 points at 28707.75 and the Nifty rose 54.10 points to 8714.40.

 About 1755 shares have advanced, 1020 shares declined, and 202 shares are unchanged on the BSE.
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Stock Market News & Tips Live — Nifty reclaims 8700, Sensex firm;

The market extended upmove in opening trade today with the Nifty reclaiming 8700 level led by FMCG, IT and banks stocks. The Sensex rallied 122.87 points to 28639.46 and the Nifty climbed 38.65 points to 8698.95.

About 429 shares have advanced, 73 shares declined, and 92 shares are unchanged on the BSE.   Shares of Coal India, Tata Motors, Infosys, Tata Power, NTPC, HDFC Bank, ICICI Bank and Sun Pharma topped the buying list on Sensex. However, Bharti Airtel declined.

The cabinet has cleared the decks to create a regulator for realty sector. The watchdog will address consumer grievances within 60 days. Penal provisions will be initiated against realtors who violate the rules.

 Reserve Bank of India Governor Raghuram Rajan kept key policy rates unchanged yesterday and asked bankers to pass on previous rate cuts. Banks obliged with the ICICI Bank cutting rates by 25 basis points. SBI and HDFC Bank also eased rates by 15 basis points each.

Glenmark Pharma gained 3.5 percent on approval from CCEA to hike FII limit in company. 

The Indian rupee opened lower by 7 paise at 62.32 per dollar today against previous day's closing value of 62.25.

Stock Trading Tips Advice for Today

BUY BEML (LCP-1163.3) ABOVE 1165 TG-1175-1189

BUY SUVEN (LCP 316.5) ABOVE 319 TG-323-327

BUY STAR (LCP-1230.05) ABOVE 1233 TG-1241-1250

BUY WOCKHARDT (LCP-1976) ABOVE 1980 TG-1990-2005

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