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INTRADAY STOCK CASH TIPS:-

• SELL GODFRY BELOW 1395 TG-1385-1375 SL 1412.3
• SELL SRF BELOW 1193 TG-1185-1175  SL 1208.9
• SELL NILKAMAL BELOW 1000 TG-992-983 SL 1015.8
• SELL WOCKHARDT BELOW 1600 TG-1590-1580 SL 1618.9

INDIAN MARKET OVERVIEW:-

           Market showed strong comeback on Thursday after more than 350 points fall on the nifty future in previous six consecutive sessions, driven by index heavyweights Reliance Industries, HDFC and Infosys. Nifty future down by 84 points to close at 7644.
         The 30-share BSE Sensex rose 216 points at 25252. The market breadth was strong as about 1847 shares advanced against 835 declining shares on the BSE.  

Reserve Bank of India (RBI) is keeping a close tab on all SDR cases reported so far and may tighten SDR guidelines to ensure the tool is not being misused by banks to defer or avoid provisioning.
             Havells India, the lighting and electrical products manufacturer, decided to sell 80 stake in Havells Sylvania Malta BV owned by its subsidiary Havells Holdings (HHL) and Havells Exim to Chinese company.

 GLOBAL MARKET OVERVIEW :-

               Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker poured cold water on market expectations of more easing by the European Central Bank.                                                                                            
           Japan's Nikkei fell 1 percent to hit a 1-month low and  Australian shares dropped 0.8 percent. South Korea's Kospi dipped 0.2 percent.  
           The Dow Jones industrial average fell 75 points to 17492, the S&P 500 lost 15 points to 2047 and the Nasdaq Composite dropped 75 points to 5022. 
             The Reserve Bank of New Zealand on Thursday cut the official cash rate (OCR) by 25 basis points to 2.5% and while it indicated this could be the end of the easing cycle, it also said rates would be reduced further if needed.