NSE BSE EQUITY TIPS BY CAPITALHEIGHT

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.

Intraday Stock Cash Tips &Trends By Capital Height

Intraday Stock Cash Tips :-

SELL ATUL BELOW 1650 TG-1637-1625 SL 1673.85

SELL NAVINFLOUR BELOW 1710 TG-1695-1677 SL 1738.3

SELL JINDAL POLY BELOW 516 TG-511-505 SL 526.85

SELL NILKAMAL BELOW 996 TG-988-980 SL 1011.1

Market News:-

• The market has opened on lower level. The Sensex is down 89.45 points or 0.3 percent at 25521.08. The Nifty slips 29.60 points or 0.4 percent at 7732.65. About 366 shares have advanced, 376 shares declined, and 47 shares are unchanged. Dr Reddy's Labs, Tata Steel, GAIL, NTPC and L&T are top gainers.
• The S&P BSE Sensex slipped over 100 points in morning trade on Monday, led by losses in Infosys, HDFC, ONGC, TCS, Tata Motors, and HDFC Bank.
• The Nifty50 was down below its crucial psychological level of 7,750, weighed down by losses in IT, metal, oil & gas, and realty stocks.
• The shares of Coal India gained over 2 per cent after the company reported its Q2 earnings post market hours on Friday. Meanwhile, Vedanta, CIpla and Hindalco shares tumbled up to 4 per cent.

Indian Rupee Update :-

The Indian rupee slipped in early trade Monday. It has opened lower by 10 paise at 66.20 per dollar versus 66.10 Friday.We see the range between 65.70-66.50/dollar for today.

For live market updates on Indian Stock Market visit- http://www.capitalheight.com/stock-cash-premium.php or call at 0731-6615050.