Stock Market Open with Strong Asian cues

Sensex, Nifty open in green; Sun Pharma up, Wipro falls 4% 

The market opens in green with strong Asian cues. The Sensex is up 37.47 points at 27713.51, and the Nifty is up 9.30 points at 8387.05. About 521 shares have advanced, 144 shares declined, and 74 shares are unchanged. 
Sun Pharma is up 1.5 percent while Dr Reddy's Labs, SBI, Axis Bank and Bajaj Auto are top gainers. Dragged by weak earnings, Wipro is down 4 percent. Among other laggards are Hindalco, GAIL, Bharti Airtel and Sesa Sterlite.
 The Indian rupee has opened flat at 62.81 per dollar against previous day's closing value of 62.85 a dollar. The dollar is mixed against major currencies, with the euro pivoting to modest gains against the greenback after euro zone finance ministers moved away from fixing a deadline for Greece to come up with fiscal reforms. 
Intraday Stock Trading Tips: 
 SELL TATA ELEXI (LCP-1130.25) BELOW 1127 TG-1119-1110 
SELL SYMPHONY (LCP 3151.1) BELOW 3140 TG-3120-3090
 SELL AJANTA PHARMA (LCP-1392.25) BELOW 1390 TG-1375-1360 
 SELL WHEELS (LCP-1285.6) BELOW 1282 TG-1272-1261 
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Stock Market Closing Bell

Sensex slips 210 pts, Nifty below 8400; SBI up, HUL falls  
The market ended in red as the Sensex is down 210.17 points or 0.7 percent at 27676.04. The Nifty is down 70.35 points or 0.8 percent at 8377.75. About 1324 shares have advanced, 1377 shares declined, and 188 shares are unchanged. 
Wipro, Axis Bank, Sesa Sterlite, SBI and Tata Steel are top gainers in the Sensex. Among the losers are Sun Pharma, HUL, Hindalco, Maruti and Dr Reddy's Labs.
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Stock Trading Tips & Opening Bell

Sensex, Nifty flat; Sun Pharma tanks 11%, HCL Tech slips 7%

The market has opened in red once again. The Sensex is down 50.65 points at 27835.56, and the Nifty is down 26.55 points at 8421.55. About 369 shares have advanced, 263 shares declined, and 87 shares are unchanged.

Sun Pharma loses 9 percent while HCL Tech is also down 9 percent. Wipro, HDFC, Cipla and Tata Motors are major laggards. Coal India, BHEL, Tata Steel, Sesa Sterlite and Reliance are top gainers in the Sensex.

The Indian rupee continues to slide, opening lower by 23 paise at 63.14 per dollar against its previous close of 62.91. On Monday, the rupee touched a one-month low of 62.93 on back of possible demand for the US dollar by defense and oil marketing companies. The dollar rose broadly, with the euro sliding against the US currency, on growing concern that Greece may default on debts.
Stock Cash Tips for Today:

SELL BEML (LCP-1067.2) BELOW 1065 TG-1057-1048

SELL SYMPHONY (LCP 3008.7) BELOW 3005 TG-2990-2965

SELL AJANTA PHARMA (LCP-1423.25) BELOW 1420 TG-1411-1402

SELL WHEELS (LCP-1283.1) BELOW 1280 TG-1272-1261

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Stock Market Closing Bell

Sensex crashes 556 pts, Nifty slips 1.8%; Reliance falls 4%

The Sensex is down 555.89 points or 1.9 percent at 27886.21 and the Nifty is down 157.90 points or 1.8 percent at 8448.10. About 897 shares have advanced, 1951 shares declined, and 155 shares are unchanged.

Reliance lost 5 percent and Hero Motocorp fell 4 percent. Other laggards were HDFC; Cipla and M&M. Top gainers are ICICI Bank and Sun Pharma.

We are a leading Research Company, having a strong hold in providing most authentic and accurate intraday stock tips, equity tips and commodity market tips. For more info and Free Trials @ www.capitalheight.com/about.php  or call at 0731-6615050, 9993066624.

Stock Market Open Lower on Based Selling

Sensex, Nifty fall further; NMDC plunges, Tata Steel gains

The market opened volatile on first day of the week. The Sensex fell 58.74 points to 28383.36 and the Nifty declined 26.15 points to 8579.85. About 506 shares have advanced, 532 shares declined, and 115 shares are unchanged on the BSE.

NMDC topped the selling list, down 4 percent after CLSA has a sell rating on the stock and sees more downside to the stock. Larsen & Toubro, Bharti Airtel, TCS, M&M, Sesa Sterlite, Idea Cellular, IndusInd Bank, Kotak Mahindra Bank and Ambuja Cements declined 0.5-1.5 percent. Reliance Industries also declined marginally despite strong earnings. The run up in stock in previous few sessions might have discounted strong earnings. Reliance Industries delivered its best ever quarterly performance with its profits rising over 22 percent sequentially. The company’s gross refining margins (GRMs) are at a 2-year high and that offsets weakness in other segments.

However, Sun Pharma, NTPC, Tata Steel, Hindalco, GAIL and Lupin gained 0.5-1.5 percent.

 The Indian rupee slipped in the early trade on Monday. It has opened lower by 18 paise at 62.54 per dollar versus 62.36 Friday.
Intraday Stock Trading Tips:

SELL BEML (LCP-1091.6) BELOW 1088 TG-1081-1072

SELL GUJRAT GAS (LCP 809.2) BELOW 806 TG-799-791

SELL VADILAL INDUS (LCP-360.65) BELOW 358 TG-354-348

SELL WHEELS (LCP-1280.05) BELOW 1275 TG-1267-1257

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Stock Market Close with Selling Pressure

Sensex ends 224 pts down; banks, IT, pharma drag; metals up

The market closed lower for the third consecutive session on Friday due to selling pressure in technology, banks, healthcare and auto stocks. The Sensex fell 223.94 points to 28442.10 and the Nifty lost 100.70 points to 8606.

About 1184 shares have advanced, 1636 shares declined, and 178 shares are unchanged on the BSE.

TCS, Sun Pharma, Axis Bank, Bharti Airtel and Wipro topped the selling list on Sensex, down 3-5 percent while Sesa Sterlite, Tata Steel, NTPC, Hindalco and BHEL gained 1-3 percent.
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Stock Market Opening Bell

TCS, Reliance Industries, MindTree in Focus Today

The market fell marginally in early trade on last day of the week due to selling pressure in banks and technology stocks. The Sensex fell 30.53 points to 28635.51 and the Nifty lost 27.25 points to 8679.45.

 About 396 shares have advanced, 276 shares declined, and 91 shares are unchanged on the BSE. 

 IT major TCS plunged 1.7 percent as the company did not post any stellar earnings. The company missed expectations with dollar revenues declining by about a percent. The company handed out bonuses to employees worth over USD 2,600 crore.

Mindtree too fell 2 percent after its fourth quarter consolidated net profit declined 8.4 percent sequentially to Rs 129 crore that fell short of expectations on Thursday, impacted by forex loss. Wipro, Bajaj Auto, Axis Bank, Hero Motocorp, Tech Mahindra, Lupin and UltraTech Cement were down 0.8-2 percent while Reliance Industries gained 1.5 percent ahead of Q4 earnings. Sun Pharma, ONGC, Hindalco, Cipla and Cairn India gained 0.6-1 percent.

The Indian rupee has opened flat at 62.31 per dollar today against previous day's closing value of 62.30 a dollar.

Intraday Stock Trading Tips

BUY IGARASHI MOTORS (LCP-492.55) ABOVE 495 TG-500-505

BUY SRF (LCP 1027.45) ABOVE 1030 TG-1038-1048

BUY VADILAL INDUS (LCP-369.45) ABOVE 372 TG-376-381

BUY WHEELS (LCP-1239.45) ABOVE 1244 TG-1254-1265

We are a leading Research Company, having a strong hold in providing most authentic and accurate intraday stock tips, equity tips and commodity market tips. For more info and Free Trials @ www.capitalheight.com/about.php  or call at 0731-6615050, 9993066624.