Live News Update on Stock Market Closing Bell

The market ended in red as autos, oil and banks dragged. The Sensex is down 133.06 points at 28717.91 and the Nifty slips 50.65 points at 8661.05. About 877 shares have advanced, 1991 shares declined, and 224 shares are unchanged.

 HDFC, Sesa Sterlite, Infosys, ITC and TCS are top gainers in the Sensex. Among the losers are Tata Motors, BHEL, Tata Steel, Sun Pharma and HDFC Bank.
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Stock Market Opening Bell and Trading Tips for Today

Sensex starts on a cautious note, Nifty tests 8700; Tata Motors slips over 5% 

The market opened flat with negative bias on Friday. The Sensex fell 26.73 points to 28824.24 and the Nifty declined 2.40 points to 8709.30. About 434 shares have advanced, 225 shares declined, and 149 shares are unchanged.  

M&M, HDFC Bank, Bharti Airtel, Hero Motocorp, BPCL, Bank of Baroda and DLF were down 0.4-1.8 percent while Cipla, ONGC, Hindalco, Sesa Sterlite, Reliance Industries and Cairn India gained 0.8-2.5 percent.

 From the earnings corner, Tata Motors reported disappointing Q3 numbers. Jaguar Land Rover (JLR) margins came in below estimates. The company’s standalone business was hit by one off provisions as the management made a one time provision of Rs 310 crores for write offs at Singur plant. The stock lost 5 percent.

Earnings to watch out for today will be Tata Steel and NMDC. According to a CNBC-TV18 poll, Tata Steel's total turnover will fall 4 percent to Rs 35400 crore while profits may plunge 58 percent. Meanwhile, NMDC may see a 4 percent drop in profits. 

 The Indian rupee opened at 61.69 per dollar on Friday against previous day's closing value of 61.73 a dollar.

  Stock Tips for a Day:

BUY JUBILANT FOOD (LCP-1431.95) ABOVE 1434 TG-1443-1455

BUY BPCL (LCP 750) ABOVE752 TG-757-765

BUY SRF (LCP 979.1) ABOVE 982 TG-988-995

BUY WHEELS (LCP-1511.75) ABOVE 1515 TG-1525-1538

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Stock Market Closing News

The market ended at lower level. The Nifty ends at 8711.70 (down 12 points), after sinking below 8700 intraday. The Sensex is down 32.14 points at 28850.97. About 1025 shares have advanced, 1889 shares declined and 229 shares are unchanged.

Tata Power was down 8 percent, Sesa Sterlite, BHEL, ONGC and M&M were losers in the Sensex. IOB tanked 10 percent after it disappointed dismal Q3 results. For 2 Days Free Trial, please visit our site at http://www.capitalheight.com/ or Call at 0731-

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Live Stock Tips And News For Today

Sensex, Nifty flat; Tata Power falls 2%, Axis Bank gains 1%
The market has opened flat with negative global cues. The Sensex is up 29.27 points at 28912.38 and the Nifty is up 7.00 points at 8730.70. About 402 shares have advanced, 165 shares declined, and 154 shares are unchanged.

Tata Power, Bharti, Tata Steel, Axis Bank and Wipro are top gainers in the Sensex. Among the losers are ICICI Bank, Sesa Sterlite, Cipla, Tata Motors and NTPC.

The Indian rupee opened lower by 13 paise at 61.88 per dollar on Thursday against previous day's closing value of 61.75 a dollar. Stock Tips for Today:

BUY WOCKHARDT (LCP-1284.8) ABOVE 1288 TG-1297-1310

BUY KSCL (LCP 837) ABOVE 840 TG-846-854

BUY INDIA GLYCOLS (LCP 110.9) ABOVE 112 TG-114-117

BUY DATAMATICS (LCP-92.95) ABOVE 94 TG-96-98.5

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Stock Market Closing News

The market ended in red. The Sensex is down 117.03 points at 28883.11 and the Nifty slipped 32.85 points at 8723.70. About 1332 shares have advanced, 1573 shares declined, and 236 shares are unchanged. Axis Bank was down over 4 percent while BHEL, SBI, L&T and TCS were down 2-4 percent. On the gaining side were Hindalco, Tata Power, ONGC, Sesa Sterlite and Coal India.
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