INTRADAY STOCK CASH TIPS:-
- BUY GODFRY ABOVE 1270 TG-1277-1287 SL 1254.95
- BUY NAVINFLOUR ABOVE 1980 TG-1990-2008 SL 1959.9
- SELL DR REDDY BELOW 3435 TG-3425-3410 SL 3458.85
- BUY ZENSAR TECH ABOVE 1035 TG-1043-1053 SL 1019.9
INDIAN MARKET OVERVIEW :-
Nifty traded higher for second consecutive session on
Tuesday, tracking positive global cues. Nifty rose by 30 points to end at 7837.
The 30-share BSE Sensex climbed 104 points and closed at
25864 led by Relief rally in FMCG, metals and select banking & financial.
Videocon Industries will raise USD 97.20 million (about
Rs 641 crore) through five year Foreign Currency Convertible Bonds (FCCBs) due
in 2020.
Ajanta Pharma launched generic version of Singulair
granules, used in the treatment of asthma, in the US market.
GLOBAL MARKET OVERVIEW :-
Asian and European markets gained strength today, taking
positive lead from Wall Street. In Asia, Hang Seng, Nikkei, Kospi and Taiwan
Weighted closed 1-1.5 percent higher.
Share markets in China tracked the gains across Asia on
Tuesday, with the benchmark Shanghai Composite elevating 0.9 percent at the
start of trade.
In Europe, France's CAC rallied 2 percent followed by
Britain's FTSE and Germany's DAX with 1.7 percent upside.
Greece reached an agreement with its lenders on financial
reforms early on Tuesday, its finance minister said, removing a major obstacle
holding up fresh bailout loans for the cash-starved country.
MARKET NEWS:-
The market has opened on a flat note following lacklustre
global cues Wednesday. The Sensex fell 10.44 points to 25854.03 and the Nifty
declined 7.95 points to 7829.60. Infosys fell again on margin warning, down
nearly 2 percent. HDFC, TCS, Axis Bank, Hero Motocorp and ONGC were down over
0.4 percent. ITC continued to be lead contributor to Sensex's gains, up 0.5
percent followed by Tata Motors, Lupin. The Indian rupee has opened lower by 10
paise at 66.12 per dollar today against previous days's closing value of 66.02
a dollar.
For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-premium.php
or call at 0731-6615050.