Indian Stock Market started low today. Sensex is down by 17 points at 28077 while Nifty is down by 9 points at 8626. Maximum sectors are still trading in the positive zone capable to drift the market in the positive zone. In Asian Market, Nikkei slipped 251 points to 16368, Hang Seng gain 209 points to 22203 and Shanghai Composite with minor increase of 13 points reached 3029. Gold dropped 53 points to 30854 and Silver dropped 92 points to 46381. In energy sector, Natural gas drifted down 1.20 points to 181 and Crude oil with no change remains at 2927.
MOIL State Government has approved the mining leases. The Madhya Pradesh government has approved the land for mining leases of Barveli Avaljhadi.
Buy MOIL above: 248.06 Targets: 251.88 - 255.87 - 259.88 - 263.93 Stoploss : 244.14
IRCTC ICICI Lombard, has tied up with Shriram General and Royal Sundaram. IRCTC rail passengers at a premium of just Rs 1 to Rs 10 lakh will be insured.
Sell ICICI Bank below: 264.06 Targets: 260.14 - 256.12 - 252.14 - 248.18 Stoploss : 268.14
PNC Infratech in Uttar Pradesh PWD has bagged an order worth Rs 233 crore for road construction. Buy PNC Infratech above: 570.01 Targets: 575.71 - 581.72 - 587.76 - 593.84 Stoploss : 564.06
Nava Bharat Ventures 300 MW power plant in Zambia have started working on.
Sell Nav Bharat Ventures below: 248.06 Targets: 244.26 - 240.37 - 236.5 - 232.67 Stoploss : 252.01