Indian Stock Market opened red today.
Equity Benchmarks dropped in the early sessions.
Sensex declined 24 points at 27790 while
Nifty dropped 4 points to 8514. Asian Market had an average opening. Indian sectors are showing mixed performance.
Nikkei trading at 16335 with 103 points up,
Hang Seng trading at 21332 with minor hike of 9 points and
Shanghai Composite at 3047 with drop of 12 points.
Bullion market is also trading in the negative zone with
Gold at 31088 dropped 186 points and
Silver dropped 270 points to 47560.
- Cupid: In the first quarter of the fiscal year 2017 Cupid profit rose 26.7% to Rs 3.8 crore. In the first quarter of the fiscal year 2016 profit was Rs 3 crore only. In come of the company also increased 26.5% to 16.2 crore.
Buy
Cupid above: 310.64 Targets: 314.9 - 319.35 - 323.83 - 328.35
Stoploss : 306.25
- Zee Entertainment: Oppenheimer Fund decreased its partnership to 7.06 percent, before it was 9.07 percent.
Sell
Zee Entertainment below: 451.56 Targets: 446.48 - 441.22 - 435.98 - 430.77
Stoploss : 456.89
- Nalco: Nalco has approved the mining lease of Potangi Bauxite Mines.
Buy
Nalco above: 50.76 Targets: 52.53 - 54.36 - 56.22 - 58.11
Stoploss : 49
- Godrej Industries: Godrej Properties has asked for the approval of the shareholders for investment of Rs 300 crore.
Buy
Godrej Industries above: 420.25 Targets: 425.17 - 430.34 - 435.54 - 440.77
Stoploss : 415.14
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