Stock Market Closing News

Sensex crashes 538pts, Nifty ends below 8100

Bloods spills on Dalal Street as bears go on a rampage. After a heavy selling day, the Sensex ended with a loss of 538 points or 2 percent at 26781.44. The Nifty closed below 8100-level, down 152.00 points or 1.8 percent at 8067.60. About 566 shares have advanced, 2312 shares declined, and 86 shares are unchanged.

Midcaps & smallcaps were slaughtered while banking stocks too were hammered down out of shape. Bank Nifty shed 3 percent while metals fell 4 percent. Only IT index was in the green with a gain of 2 percent.

 Sesa Sterlite, Dr Reddy's Labs, Hindalco, SBI and Tata Power were among the laggards. TCS, Infosys, Bharti Airtel were gainers in the Sensex. 

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Stock Trading Tips & Opening Bell

Global jitters drag Indian market in opening. The Sensex is down 144.74 points at 27174.82 and the Nifty slips 47.00 points at 8172.60. About 189 shares have advanced, 390 shares declined, and 36 shares are unchanged.

ONGC, GAIL, BHEL, Hindalco and ICICI Bank are laggards in the  Sensex. Among the top gainers in the Sensex are Infosys, Coal India, HDFC and Cipla.

The Indian rupee continues its decline as it breached 63 per dollar for the first time since January 28.

Intraday Stock Tips

· SELL AMRUTANJAN (LCP-493.6) BELOW 492 TG-488-483

· SELL HOV (LCP 155.05) BELOW 154 TG-151.5-148

· SELL SRF (LCP 858.25) BELOW 856 TG-851-845

· SELL ATUL AUTO (LCP-627.2) BELOW 625 TG-621-615

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Stock Market Closing News – Nifty ends above 8200

Continuing its sluggish mode, the market ended flat. The Sensex was down 31.12 points at 27319.56 and the Nifty was down 4.50 points at 8219.60. About 1178 shares advanced, 1728 shares declined, and 108 shares were unchanged. HDFC rose 5 percent while Coal India jumped 4 percent. ONGC, Hero and HDFC Bank were other top gainers in the Sensex. TCS losr 3.5 percent. Among other laggards were Sesa Sterlite, HUL, Tata Steel and Axis Bank.
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Stock Trading Tips – Stock Market Open WeakToday

The market has opened on a weak note, dragged by weak global cues. The Sensex is down 229.07 points or 0.8 percent at 27121.61 and the Nifty is down 63.35 points or 0.7 percent at 8160.75.  About 189 shares have advanced, 484 shares declined, and 34 shares are unchanged.

TCS is down 3 percent while Infosys, Bharti, GAIL and Sesa Sterlite are among the laggards in the Sensex. NTPC is the only gainer in the Sensex.

The Indian rupee declined in the opening trade. It has slipped by 21 paise at 62.50 per dollar against 62.29 Friday. Intraday Stock Cash Tips

· SELL AMRUTANJAN (LCP-499.45) BELOW 498 TG-494-488

· SELL HOV (LCP 154.15) BELOW 153 TG-150.5-147

· SELL SRF (LCP 867.55) BELOW 865 TG-860-854    

· SELL RS SOFTWARE (LCP-498.7) BELOW 497 TG-493-488

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6615050, 9993066624