Best Stock Tips for Today (11th July)

BSE Sensex and Nifty are trading near their all time highs on Tuesday’s trade. The BSE Sensex is trading at 31,837 up 121 points, while Nifty is trading at 9814 up 43 points. A total of 58 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.03% at 15,045, while BSE Small-cap Index is trading up 0.41% at 15,963. Some buying activity is seen in Finance, Industrials and Healthcare indices, while Energy, FMCG and Realty indices is showing weakness on BSE. 

Tata Motors, Infosys and Tata Motors DVR are among the gainers, whereas Cipla, Coal India, Adani Ports and SEZ & ITC are losing on the NSE. Infosys and TCS are contributing 50% to Nifty Index gain. Infosys is trading up by 2.4% at Rs 982.75 per share and TCS is trading up by 1.5% at Rs 2479.50 per share. 

Buy Berger Paint with Target 264-265 and Stop loss at 250 

Buy Hexaware at 253 with Target 264 and Stoploss 250

Sensex Slumps Over 300 points- Market Stepping Downwards

Market Graph Moving downwards

In the last session of the week, due to negative signals from Asian Market there is slump in domestic market. The major index of BSE Sensex drop down by 300 points and reached to 2546.2 points and the major index of NSE Nifty drop down by 66 points and reached to 7834 points. Today almost all indexes are trading on red signal. Also there is a high downfall in metals and banking sector too. Bank nifty has dropped with one percent and reached to 16734 points and 1.5 percent of decline in metal index. Out of 50 shares in Nifty only 6 are trading with green signal and other 44 are trading with a heavy downfall. Top five losers of Nifty are Eicher Motors, Dr Reddy, ICICI Bank and Bharti Airtel. With high Business, the top five gainers of Nifty are HCL Tech, TATA Motors, Adani Ports, Idea and BPCL. These all stocks have jumped over 1 to 1.5 percent. Adani Ports, Asian Paints, Tata Motors and ITC are top gainers while HUL, ICICI Bank, Tata Steel, BHEL and Bharti Airtel are losers in the Sensex. According to the experts, due to Mauritius tax treaty, recession was seen in markets and market down assumption was made. However for Indian Markets this tax treaty is useful and are expecting some positive signals for the markets.