Today market had an average opening. However Nifty touched a resistant level of 8500 int the early session. Sensex live at 27686 with 59 points up or 0.22 percent and Nifty with just 18 points up trading at 8486. Maximum sectors are trading with positive leads. BSE BANKEX sector is leading of all the sectors with 206 points up at 21267.94. All the global market indices are trading positive except Shanghai Composite trading with minor loss of 0.04 points at 2994. Japan's index Nikkei with 453 points lead trading at 16162 and Hong Kong's benchmark index Hang Seng trading at 21004 with 124 points lead. In Bullion Market, Gold dropped 43 points at 31,535 while Silver with positive lead of 135 points trading at 47,947.
Stocks in News Today
Coal India: Company got an approval for share buy back from the board. Government has approved for 25 percent capital buy back.
Sell Coal India below: 315.06 Targets: 310.79 - 306.4 - 302.04 - 297.71
Stoploss : 319.51
Rico Auto: Bhiwadi plant's foundation has been laid whose commercial production will be started from march 2017.
Buy Rico Auto above: 45.56 Targets: 47.24 - 48.97 - 50.74 - 52.53
Stoploss : 43.89
Edelweiss Financial Services: General Insurance Company had got an approval from IRDA.
Buy Edelweiss above: 81 Targets: 83.22 - 85.51 - 87.84 - 90.2
Stoploss : 78.76
Gold shed 1 percent on this Monday as a revival in share markets and increasing U.S. Treasury yields reduced a few of the metal's secure-haven demand, prompting investors to reserve profits. Free MCX Tips
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