Stock Market Open in Negative Terrain

Nifty breaks 8200, Sensex in red; ICICI up 3%, Bharti drags
The market has opened in negative terrain as the Nifty breaks the 8200-level. The 50-share index is down 25.95 points at 8187.85. The Sensex is up 10.10 points at 27187.09.  About 217 shares have advanced, 226 shares declined, and 79 shares are unchanged. Bharti, Cipla, Vedanta, M&M and Coal India are major losers while Maruti, ICICI, HDFC, ONGC and Tata Power are top gainers in the Sensex. 

The Indian rupee has opened with marginal gains, up 13 paise at 63.35 per dollar against previous day's closing value of 63.48 a dollar.

Stock Cash Tips for Today

SELL CERA (LCP-2043.1) BELOW 2035 TG-2015-1990

SELL WOCKHARDT (LCP 1328) BELOW 1325 TG-1315-1303

SELL STAR (LCP-953.6) BELOW 950 TG-943-934

SELL BEML (LCP-929.7) BELOW 925 TG-917-910

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Stock Market Close Sensex down

Sensex tanks over 300 pts, Nifty below 8300 post Infosys Q4
 

The market has slipped further after Infosys announced lower-than-expected March quarter results. The Sensex is down 310.70 points or 1 percent at 27424.32 and the Nifty is down 102.65 points or 1 percent at 8295.65. 

 About 657 shares have advanced, 2014 shares declined, and 146 shares are unchanged.

Infosys is down over 5 percent while Cipla, Vedanta, HDFC and Hindalco are top losers. ITC is still down 2 percent, followed by ONGC, Maruti, Tata Motors and Bajaj Auto.
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Stock Market Opening News

Sensex, Nifty open strong; BHEL, HDFC Bank, TCS top gainers

The market has opened on a strong note.The Sensex is up 142.02 points or 0.5 percent at 28032.15 and the Nifty is up 48.50 points or 0.6 percent at 8478.20. About 395 shares have advanced, 67 shares declined, and 65 shares are unchanged.

BHEL, HDFC Bank, Sun Pharma, TCS and Tata Steel are top gainers in the Sensex. Among the losers are Dr Reddy's Labs, GAIL, M&M and Bharti Airtel.

 The Indian rupee opened with marginal loss of 13 paise at 62.95 per dollar versus 62.82 Wednesday. The dollar edges upward after a 6.1 percent jump in US home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.

 Today Stock Cash Tips:

BUY TATA ELEXI (LCP-1156.4) ABOVE 1160 TG-1168-1178

BUY SYMPHONY (LCP 2802.35) ABOVE 2815 TG-2840-2870

BUY AJANTA PHARMA (LCP-1374.15) ABOVE 1378 TG-1387-1400

BUY WHEELS (LCP-1281) ABOVE 1285 TG-1294-1305

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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 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 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

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