Stock Market Opening Bell & Recommendations— Sensex, Nifty flat; HCL, Infosys, SBI decline

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The market has opened on a flat note. The Sensex fell 37.28 points to 27920.21 and the Nifty declined 21 points to 8470. About 380 shares have advanced, 249 shares declined, and 79 shares are unchanged on the BSE.  

SBI, Infosys, Hindalco Industries, Wipro, GAIL, HCL Technologies and NMDC fell 1-2.5 percent while Dr Reddy's Labs, TCS, ONGC, NTPC, Sesa Sterlite, Tech Mahindra and Kotak Mahindra gained 0.3-2 percent. 

The currency market is closed today on account of banks' holiday.

 Among global markets, in the US equities closed lower, giving up most of Monday's gains, as investors eyed mixed economic data and the end of the first quarter.

 In Asia, cautious sentiment also prevailed after a weaker-than-expected reading of sentiment among Japanese corporates.

Stock recommendation for 1/4/2015 is Beml ltd. In today’s trading session it was up by 2.85%. Its long term trend is up. On daily chart it has given upside breakout. Stochastic and RSI has also given buying confirmation. On daily chart its short term support level is 1075. All the indicators are suggesting that one can go for long position in this stock above 1110 levels. The stock may test level of 1150-1170 in coming days.

Our recommendation on Beml ltd. is LONG above 1110 levels for tg of 1140-1170.
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com  or call at 0731-6615050, 9993066624.

Live Stock Trading Tips & Opening Bell News

Fed outcome lifts Sensex 200 pts; banks rally, NTPC falls

The market rallied in early trade following the dovish statement from the US Federal Reserve. The Sensex rose 187.74 points to 28809.86 and the Nifty rose 47.65 points to 8733.55.

About 617 shares have advanced, 102 shares declined, and 81 shares are unchanged on the BSE. 

The FOMC last night removed the word ‘patient’ from the text as expected, opening the door for rate increases, bolstering the bullish tone as it lowered its growth and inflation forecast and said hikes won't start until the labour market has healed further and the 2 percent inflation target looks achievable.

The Fed also noted that the change in rate guidance did not mean the FOMC had decided on the timing of a hike. Jannet Yellen added that the timing of initial increase in target range will be data dependant. Back home, banking & financials, capital goods, auto, pharma and metals stocks gained. However, NTPC was the only loser on Sensex, down 1.4 percent.

The Indian rupee gained in the early trade following outcome of the Federal Reserve two-day meeting. The currency has opened higher by 31 paise at 62.38 per dollar against 62.69 a dollar Wednesday.
Stock Market Trading Tips 

BUY TATA ELEXI (LCP-1210.15) ABOVE 1215 TG-1223-1232
BUY TATA SPONGE (LCP 834.35) ABOVE 837 TG-845-853
BUY BEML (LCP 1107.55) ABOVE 1112 TG-1119-1127
BUY EXCEL CROP (LCP-905.35) ABOVE 908 TG-914-922

MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com  or call at 0731-6615050, 9993066624.

Opening bell: Global cues likely to keep Nifty in red today

The Indian market is expected to open in red today with the SGX Nifty, an indicator of pre-market opening, trading around 8718, down 38 points led by global sell-off.  

 The market extended losses in last hour of trade Tuesday with the Nifty breaking 8700-mark, dragged by index heavyweights like HDFC, Reliance Industries. However, the key indices trimmed losses towards the end.

About 544 shares have advanced, 158 shares declined, and 99 shares are unchanged on the Bombay Stock Exchange. Tata Motors, Larsen & Toubro, Sun Pharma, SBI, ITC, Reliance Industries, Axis Bank, Infosys, ONGC and Cipla gained 0.3-0.9 percent while TCS, M&M, Maruti Suzuki, Hero Motocorp, Coal India, NTPC and BHEL fell 0.5-0.9 percent.

Among global markets, in the US, stocks closed at 1 month lows losing more than 1.5 percent lower pressured by a surge in the dollar and some weakness in oil. Both Dow Jones and S&P 500 breached their 50-day moving average, wiping off their 2015 gains. Meanwhile, the US 10-year treasury yield slid to 2.13 percent.
Meanwhile, the Indian rupee opened marginally lower at 62.83 per dollar today versus 62.76 Tuesday.

Stock Cash Tips for Today:

BUY TATA ELEXI (LCP-1281.35) ABOVE 1285 TG-1293-1302

BUY NATCO PHARMA (LCP 1646.1) ABOVE 1650 TG-1663-1678

BUY MCX (LCP 1208.5) ABOVE 1210 TG-1218-1229

BUY JSW HOLDING (LCP-1160.8) ABOVE 1163 TG-1170-1180

MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com  or call at 0731-6615050, 9993066624.