Stock Market Fall Down

Sensex falls 300 pts, Nifty breaks 8750

The market extended losses in late trade with the Nifty breaking 8750 level, dragged by technology, private banks, capital goods, pharma and auto stocks.

The Sensex is down 236.93 points or 0.82 percent at 28807.51, and the Nifty down 80.25 points or 0.91 percent at 8753.75.

About 1398 shares have advanced, 1409 shares declined, and 155 shares are unchanged on the BSE.
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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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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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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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