Indian Stock Market had a good opening. Sensex Nifty continue to gain on Asian cues. Nifty reclaims the level of 8700. Sensex live at 28161 with 83 points up and Nifty live at 8704 with 20 points up. Asian market is touching a great height by trading in the positive direction. Japan's benchmark index Nikkei trading high with lead of 349 points to 16603, Hong Kong's index Hang Seng with 258 points lead trading at 22404 points and China's benchmark index Shanghai Composite trading low at 2984 with just 7 points lead. Bullion Market is little down today. MCX Gold with 23 points down trading at 31205 and Silver with 74 points down trading at 46151. Natural Gas dropped 2.50 points to 183.60 and Crude Oil with 25 points up trading at 2811.
Shares to Buy
JSPL's Raigarh plant has dispatched the first lot of train to Iran. JSPL has got an order of 1.5 million tonnes to supply rail tracks.
Buy Jindal Steel above: 85.56 Targets: 87.84 - 90.2 - 92.59 - 95.01 Stoploss : 83.26
Venus Remedies promoters has got the approval for the issuance of convertible warrants has been approved by the board. Prefrencial convertible warrants to be issued through the issue.
Buy Venus Remedies above: 92.64 Targets: 95.01 - 97.46 - 99.95 - 102.46 Stoploss : 90.25
Dr Reddy's European subsidiary will import the drug from India. CDSCO approved 15 drugs and 15 drugs imported can import up to 3 years.
Buy Dr Reddy's above: 3038.76 Targets: 3051.03 - 3064.85 - 3078.7 - 3092.59 Stoploss : 3025
Caplin 5 stock split of 1 share of Point has been approved by the board.
Buy Caplin Point Laboratories above: 1242.56 Targets: 1250.76 - 1259.61 - 1268.5 - 1277.42 Stoploss : 1233.76