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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Indian Stock Market Closing Bell

After a volatile session, the market has ended in negative terrain. The Sensex ended down 50.45 points at 27440.14 and the Nifty was down 11.25 points at 8320.70. Metal stocks jumped with top gainers like Vedanta and Tata Steel. ONGC, Hindalco and HUL were other gainers in the Sensex. Among the losers were M&M, Bajaj Auto, HDFC, SBI and Coal India.
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Indian Stock Market Opening Bell

After a stellar rally, the market has opened on a weak note. The Sensex is down 36.13 points at 27454.4 and the Nifty is down 14.35 points at 8317.60. About 424 shares have advanced, 253 shares declined, and 82 shares are unchanged.

 TCS, ONGC, Wipro, Sun Pharma and Tata Motors are top gainers in the Sensex. Among the losers are Bajaj Auto, Bharti Airtel, Coal India, ITC and Dr Reddy's Labs.

The Indian rupee has opened lower after a long weekend. The currency fell to 63.54 per dollar, down 12 basis points compared to 63.42 a dollar on Thursday.
Intraday Stock Trading Tips:

BUY ADANI PORT (LCP-347) ABOVE 348 TG-353-360

BUY SHRIRAM TRANSPORT (LCP 828) ABOVE 830 TG-840-850

BUY FRL (LCP-129.4) ABOVE 130 TG-133-139

BUY WOCKHARDT (LCP 1433) ABOVE 1440 TG-1450-1470

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Stock Market Opening Bell

The Sensex is up 356.74 points or 1 percent at 27368.05 and the Nifty is up 104.80 points or 1 percent at 8286.30. About 1368 shares have advanced, 296 shares declined, and 94 shares are unchanged. M&M, ONGC, Dr Reddy's Labs, Hindalco and Maruti Suzuki are top gainers in the Sensex. 9:35 am

The market is a in high spirits after a long weekend. The Sensex is up 338.10 points or 1 percent at 27349.41 and the Nifty is up 97.75 points or 1 percent at 8279.25. About 1202 shares have advanced, 256 shares declined, and 92 shares are unchanged.

Intraday Stock Trading Tips

• ·         BUY MARUTI (LCP-3732) ABOVE 3740 TG-3760-3800
• ·         BUY WOCKHARDT (LCP 1287.4) ABOVE 1295 TG-1305-1315
• ·         BUY LUPIN (LCP-1772) ABOVE 1775 TG-1790-1810                   
• ·         BUY VRL LOGISTIC (LCP 294.4) ABOVE 296 TG-302-310

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