Live Stock Tips & Afternoon Updates

India's BSE index is up 0.4 percent, while the broader NSE index is 0.24 percenthigher.Domestic-oriented stocks gain on continued hopes of reformsand economic revival by the newly elected Narendra Modi government.

HDFC Bank rises 2 percent, while Oil and Natural Gas Corp advances 1.4 percent.However, Bharti Airtel slumps 3 percent after Credit Suisse downgrades the stock to "underperform" from "neutral,"citing competition from rival Rel Jio, a unit of RelianceIndustries. 

Hindalco Industries (up 3.51%), Sun Pharmaceutical Industries (up 1.92%) and HDFC Bank (up 1.94%) edged higher from the Sensex pack.
Axis Bank (down 1.77%), Coal India (down 1.51%) and ICICI Bank (down 0.79%) edged lower from the Sensex pack. 

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Tops News of Stock Market Today

Indian markets are expected to trade in a range on Thursday tracking muted trend seen in other Asian markets and SGX Nifty.
Shares of India's Infosys Ltd gained 2.7 percent in pre-open trading, adding to a 6.9 percent surge over the previous two sessions, after naming former SAP AG executive board member Vishal Sikka as Chief Executive Officer.
Among corporate news, Axis Bank turns ex-dividend today, 12 June 2014, for dividend of Rs 20 per share for the year ended 31 March 2014 .
The S&P BSE Sensex, was up 4.73 points or 0.02%, up close to 70 points from the day's low and off about 135 points from the day's high.
The market breadth indicating the overall health of the market was negative.

On BSE, 767 shares fell and 747 shares rose. A total of 36 shares were unchanged.
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Stock Market Updates: Indian Shares Market Snaps 4-Day Gains

Indian shares snapped a four-day winning streak after hitting all-time highs for the fourth session on Wednesday as investors booked profits in recent outperformers such as infrastructure and capital goods stocks.

Mixed cues from regional markets also weighed on sentiment, while gains in some of the underperformers such as Infosys Ltd capped the losses.

However, overseas investors, who were supporting the 21 percent gain in the NSE index so far this year, continued to buy shares worth $115.20 million on Tuesday, provisional exchange data showed.

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Watch Afternoon Stock Market Tips and News

The key benchmark indices hit fresh intraday low in afternoon trade after surging to record high in mid-morning trade. Metal and mining stocks declined.

The BSE Small-Cap and Mid-Cap indices also reversed intraday gains. The barometer index, the S&P BSE Sensex, was down 98.09 points or 0.38%, off 250.27 points from the day's high and up 31.99 points from the day's low.

Shares of three listed associate banks of State Bank of India (SBI) - State Bank of Mysore, State Bank of Bikaner and Jaipur and State Bank of Travancore rallied to hit 52-week highs on reports that SBI is planning to merge its three listed and two unlisted associate banks with itself.

The market breadth indicating the overall health of the market was positive. The total turnover on BSE amounted to Rs 3169 crore.

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Stock Tips:Indian Shares Marginally Up

Indian markets are expected to trade in a range on Wednesday tracking positive trend seen in other Asian markets and SGX Nifty. India's benchmark BSE index gains 0.07 percent, while the broader NSE index is trading 0.1 percent higher.

 After three days of successive rise, the domestic bourses were seen trading under pressure on Tuesday as traders remained cautious about report of poor monsoons this year.

Bank stocks will be in focus after the representatives of the banks and financial institutions.

Defensive sectors such as healthcare and technology leading the gains, with Infosys Ltd gaining 5.45 percent on value buying.

Stock in Focus Today: 
•NTPC Ltd
•AgroTech Foods Ltd
•Coal India Ltd
•L&T and L&T Finance Ltd
•State Bank of India

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Stock Tips Updates: Indian Shares Surge to Record High

Indian shares surged on Monday to record highs as blue chips such as Coal India and Larsen & Toubro continued to rally on hopes of wide-ranging reforms by the new Narendra Modi government.

The benchmark BSE index rose as much as 0.98 percent to hit a record high of 25,644.77, surpassing the highest level posted on Friday. The index closed 0.72 percent higher at 25,580.21.

The broader NSE index gained as much as 1.2 percent to hit an all-time high of 7,673.70. The index closed up 0.94 percent at 7,654.60.

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Stock Tips Alert: Metal & Mining Stocks Rose

Metal and mining stocks rose on good Chinese economic data.

Key benchmark indices strengthened in afternoon trade as European stocks edged higher in opening trade.  
Sentiment was boosted after President Pranab Mukherjee said in his speech addressing a joint sitting of Parliament that reforms will be undertaken to enhance the ease of doing business.
The market edged higher in early trade. A bout of volatility was witnessed as key benchmark indices pared gains once again after regaining strength in morning trade.
Bajaj Auto (up 5.82%), Coal India (up 4.95%) and L&T (up 3.04%) edged higher from the Sensex pack.
Jindal Steel & Power was up 1.56% at Rs 345. The stock hit 52-week high of Rs 350 in intraday trade.
The market breadth indicating the overall health of the market was strong.
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