Market Watch

Monday 9 June 2014

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The benchmark indices opened on a post note and hit record all-time high led by gains in capital goods, oil & gas, realty and power sectors as foreign institutional investors continued to pump in dollars on hopes of a reformist budget. The indices are likely to move higher in the trade taking cues from supportive Asian markets as well. 
Shares of India's Gateway Distriparks gain 1.7 percent after ICICI Prudential Mutual fund on Friday raised its stake by 0.92 percent in the company to 3.86 percent via block deal on the National Stock Exchange.
The fund bought 1 million shares of the company at a price of 228 rupees a share, exchange data shows.

Stock Tips Today:
•BUY CENTURY TEX. (LCP 548.7) ABOVE 550 TG-554-560
•BUY SESA STERLITE (LCP-306.6) ABOVE 308 TG-311-316
•BUY EROS (LCP-231.3) ABOVE 233 TG-237-243
•BUY BHEL (LCP 262.65) ABOVE 264 TG-267-272

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