Market Watch

Wednesday, 15 April 2015

Stock Market Open Flat



The market has opened on a flat note with the Sensex falling 10.45 points to 29033.99 and the Nifty declining 12.50 points to 8821.50.
About 634 shares have advanced, 230 shares declined, and 105 shares are unchanged on the BSE.  
M&M, Sun Pharma, Bharti Airtel, Tata Motors, HDFC, HCL Technologies and Idea Cellular fell 1-1.8 percent whereas TCS rallied 2 percent ahead of fourth quarter earnings on Thursday evening. ITC, ICICI Bank, SBI, ONGC, Kotak Mahindra Bank and UltraTech Cement climbed 0.5-1.5 percent.
The Indian rupee opened higher today, up 14 paise at 62.37 per dollar versus 62.51 Monday.
Intraday Stock Market Calls
BUY LAOPALA (LCP-477.15) ABOVE 480 TG-485-492
BUY PEL (LCP 980.75) ABOVE 984 TG-993-1005
BUY VADILAL INDUS (LCP-354.4) ABOVE 358 TG-362-368
BUY WHEELS (LCP-1307.95) ABOVE 1312 TG-1322-1335
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Monday, 13 April 2015

Sensex end above 29,000



The market closed at more than one-month high today with the Sensex rising 165.06 points to 29044.44.
Sensex ends day the day at 29,044.44, up 165.06 points. Nifty ended the day up 53.65 points at 8,834The Nifty ended above 8800 for the first time since March 5, up 53.65 points at 8834 led by Reliance Industries and L&T.
About 1702 shares have advanced, 1136 shares declined, and 187 shares are unchanged on the BSE.

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Stock Market Opening Bell



Sensex, Nifty open flat; HDFC, SBI, L&T gainers

The market opened higher on first day of truncated week but immediately gave up gains to trade flat. The Sensex rose 5.03 points to 28884.41 while the Nifty fell 6.95 points to 8773.40. The broader markets continued to outperform benchmarks with the BSE Midcap and Smallcap indices rising 0.3-0.6 percent. About 704 shares have advanced, 253 shares declined, and 88 shares are unchanged on the BSE.
L&T, BHEL, HDFC, SBI, Cipla, Tata Steel and NMDC gained 0.5-1 percent while GAIL dropped 2 percent. Dr Reddy's Labs, M&M, HDFC Bank, Sesa Sterlite and Coal India declined 0.5-1 percent. The Indian rupee opened flat at 62.33 per dollar today against Friday's closing value of 62.31 a dollar.
Intraday Stock Tips:
BUY ZYDUS (LCP-1040.3) ABOVE 1043 TG-1051-1060
BUY BEML (LCP 1158.45) ABOVE 1162 TG-1171-1183
BUY VGUARD (LCP-1021.4) ABOVE 1025 TG-1034-1045
BUY WHEELS (LCP-1334.85) ABOVE 1338 TG-1348-1359
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Friday, 10 April 2015

Stock Market Close Flat—Reliance Up



The market has seen consolidation on Friday after rising for last five consecutive sessions on short covering. The Sensex fell 5.83 points to 28879.38 and the Nifty gained 2.05 points at 8780.35.
However, the broader markets remained favourite for buyers as the
BSE Midcap gained 0.4 percent and Smallcap rallied 1.1 percent. About 1641 shares have advanced, 1181 shares declined, and 173 shares are unchanged.
Index heavyweight Reliance Industries gained 1 percent today, continuing upmove for the fourth consecutive session. The stock rallied 10 percent in four days.  
Shares of Idea Cellular, Sesa Sterlite, NMDC, IDFC, SBI and Dr Reddy's Labs supported the market, up 1-4.5 percent. However, Cipla, Hindalco, HDFC Bank, HDFC, ICICI Bank, Lupin and Tech Mahindra fell 1-3 percent.
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Stock Market Open with Cautious note — Cipla falls



Sensex, Nifty start on a cautious note; Cipla, Hindalco, HDFC Bank top losers; ten stocks in focus

The market fell marginally in opening trade on last day of the week. The Sensex declined 58.69 points to 28826.52 and the Nifty slipped 18.25 points to 8760.05. About 583 shares have advanced, 398 shares declined, and 97 shares are unchanged on the BSE.
Cipla lost more than 2 percent. Hindalco Industries, Sun Pharma, Tata Steel, HDFC, PNB, Asian Paints and Zee Entertainment slliped 0.5-1.5 percent. However, IDFC rallied 2.2 percent. HCL Tech, Idea Cellular, ONGC, Wipro, Reliance Industries, Sesa Sterlite and Infosys gained 0.5-1 percent. 
The Indian rupee has opened marginally lower at 62.30 per dollar today against previous day's closing value of 62.24 a dollar.
Intraday Stock Tips
BUY WHEELS (LCP-1320.05) ABOVE 1325 TG-1333-1345
BUY AJANTA PHARMA (LCP 1413.3) ABOVE 1416 TG-1424-1435
BUY CARE RATING (LCP-1726.95) ABOVE 1730 TG-1742-1760
BUY ESS DEE (LCP-234.95) ABOVE 238 TG-242-247
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