Sensex Nifty Slides Down, Stocks to Buy Today

On the first trading session of a new week, market opens with weak signals. Sensex sinks down 272 points to 26363 points while Nifty dropped 74 to 8095 points. All the sectors are trading negative. Moving our sight to Asian Market, all the indexes are trading negative. Hang Seng is the top loser dropped 534 points to 20508 points. Top losers are ICICI Bank, Axis Bank, Tata Motors and BHEL. 

Intraday Stocks Tips

• A2Z Infra Enginnering Ltd. has got an order of Rupees 90 Crore from Nepal Government.

Buy A2Z Infra Engineering Ltd. above: 33.06 Targets: 34.49 - 35.98 - 37.49 Stoploss : 31.64 

• FIIs can now invest up to 74 percent in Yes Bank. 

Buy Yes Bank above: 1064.39 Targets: 1072.02 - 1080.22 - 1088.45 - 1096.71 Stoploss : 1056.25 

• After the removal of constraints on Iran, payment has started begining and Aban Offshore can receive 28 million dollars 

Buy Aban Offshore above: 217.56 Targets: 221.15 - 224.88 - 228.65 Stoploss : 213.8.

Stock Market Updates and Tips

The Stock market encouraged further in ahead of schedule exchange on Friday with the Sensex recovering 29000-imprint on positive worldwide signals and after the Insurance Bill passed in Rajya Sabha. 

The Sensex is up 182.32 points or 0.6 percent at 29112.73, and the Nifty is up 48.85 points or 0.6 percent at 8824.85. 

The Indian rupee opened level at 62.49 per dollar today against earlier day's end estimation of versus 62.50 a dollar. 

The US dollar fell about a large portion of a percent, stopping its late rally. 

Sensex traded at 28871.28 , High – 29183.76 , Low – 28809.07 

Nifty traded at 8752.75 , High – 8849.75 , Low – 8729.85 

Top Gainers - HDFC, ICICI Bank, Sesa Sterlite, L&T and Tata Power 

Top Losers - Tata Motors, Reliance and Infosys 

Stocks that are in News today – Reliance Infra , Tata Motors , DLF , Tata Power , Max India , Jet Airways and HUL 

Real Time Intraday Stock Tips - 

1. Reliance Infra : Buy – 483.5 , Target – 492.5 , SL – 471.5 

2. Tata Power : Buy – 81.55 , T1 – 82.3 , T2 – 83.5 , T3 – 84.2 , SL – 80.4 

Free Intraday Stock Tips

Stock Market and Commodity Updates

The Sensex plummet 604.17 points or 2.05 percent to close at 28844.78, and the Nifty decline 181 points or 2.03 percent to end the day at 8756.75. 

The Stock Market get crashed due to the rate hike by the US Federal Reserve. 


Top Gainers – Infosys , HDFC Bank , Reliance , ITC and Hindustan Unilever 

Top Losers – Axis Bank , ICICI Bank , Tata power , BHEL , L&T and NTPC 

Commodity Updates - 

Copper sank to its lowest in two weeks on Monday as the dollar rose after strong U.S. jobs data fueled expectations of a mid-year rate hike. 

Crude oil prices dipped on Monday as China showed a drop in imports overall even as exports surged. On the NYMEX, crude oil for delivery in April fell 0.35% to $49.44 a barrel. 
China is the world's second largest oil consumer after the U.S. and has been the engine of strengthening demand. 

Higher interest rates could dent demand for non-interest-bearing assets such as gold, while a stronger dollar would also hurt bullion's appeal as a safe-haven asset. 

Evening Commodity Calls - 

1. BUY SILVER Above 36170.00 , T1- 36420.00 with SL- 35770.00 

2. SELL GOLD At 26100.00 , T1- 26050.00, T2- 26000.00 with SL- 26231.00 

3. BUY CRUDE OIL At 3115.00 , T1- 3135.00, T2- 3155.00 with SL- 2980.00

Free Intraday Stock Tips

Stock Market Tips and Updates

Sensex and Nifty opened with positive movement in Stock Market and shows steady and slow progress in both the indexes. 

Sensex traded at 29410.44 , High – 29496.60 and Low – 29318.03 

Nifty traded at 8923.50 , High – 8949.05 and Low – 8891.15 

Top gainers - M&M , Sun pharma , ITC , Cipla , Bajaj Auto , Tata Motors and L&T 

Top Losers – ICICI Bank , NTPC , GAIL , Infosys and HUL 

Stocks that are in News – Axis Bank , BHEL , M&M , Tata Steel , SBI , Reliance Infra and Adani Power 

Stock Tips - on 11:15 AM 

1. Axis Bank : Buy above – 616.28 , Target – 624.41 , Stop loss – 611.91

2. Sun Pharma : Buy above – 1020.88 , Target – 1031.8 , Stop loss – 1012.2 

3. ITC : Buy above – 346 .01 , Target – 347.8 , Stop loss – 344.3 

4. Tata Motors : Buy above - 571.9 , Target – 575.5 , Low – 566.0 

Free Intraday Stock Tips

Stock Market Updates and Intraday Tips

Sensex hits 30000 and Nifty at 9100 on RBI move ; to cut the repo rate by 25 basis point to 7.5 percent. 

RBI surprise to cut the repo rate just before its policy which will come in the next month but it kept the CRR unchanged at 4 percent. 

The Indian rupee opened higher by 26 paise at 61.66 per dollar. 

Sensex traded at 29905.55 , High – 30024.74 , Low – 29840.33 at 10:25 AM 

Nifty traded at 9082.65 , High – 9119.20 , Low – 9059.65 

Major gainers – SBI , ICICI Bank , Axis Bank , HDFC and M&M 

Losers – GAIL , Wipro , Dr Reddy's Labs 

PNB Ltd. has bottomed out at current levels. We recommend a buy above Rs 170 with the stoploss of Rs 164 for the target of Rs 180. 

Stock Tips - 

1. Bank of Baroda : Buy – 193.81 , Target – 196.4 to 200 , stop loss – 189.7 

2. Reliance Capital : Buy – 480.32 , Target – 485.3 to 490.5 , stop loss – 474.7 

3. IOB : Buy above – 50.5 , Target – 51.2 to 52.2 , stop loss – 49.4 

Free Intraday Stock Tips

Stock Commodity Tips

Stock Tips - 

1. Tata Motors DVR : Buy - 350.5 , Target - 370 , stop loss - 342 

2. Crompton Greaves : Buy - 174.5 , Target - 177 , stop loss – 171.5 

3. RCF : Buy - 70.3 , Target - 77 , stop loss – 68.5 

4. Suzlon Energy : 26.7 - , Target – 24.7 , stop loss – 27.5 

5. PC jeweler : Buy - 245 , Target - 257 , stop loss - 240  

6. ICICI Bank : Sell - 342 , Target - 338 , stop loss - 344 

7. Axis Bank : Buy - 571 , Target - 581 , stop loss - 565

Latest News -

1. Sensex, Nifty open dense - SBI is up 2 percent while ICICI Bank, Hero, Dr Reddy's Labs, and Sun Pharma. BHEL is down 5 percent and Coal India, ONGC, Infosys and M&M are losers in the Sensex. 

2. Shares of BHEL dragged over 6.5 percent intraday on Friday after its December quarter results disappointed the street. 

3. SBI will announce its Q3 earnings on Friday. Profit for the quarter is expected to jump 45 percent year-on-year to Rs 3,254 crore supported by treasury income, fee income and operating profit. 

4. Spice Jet flies deeper into red, Q3 net loss widens to Rs 275 crore which create negative movements in their shares. 

5. Agri Commodities opens strong, crude oil jump around 1.5%. 

6. Rupee opens 17 paise strong against dollar in market.

Today’s Market summary -

The market remained higher in trade for the second consecutive session with the NSE Nifty closing above 8600 level, led by bank stocks again. The index climbed 61.85 points to 8627.40 while the BSE Sensex rose 178.35 points to 28533.97. 

Experts believe the upside may continue till Budget. However, they see some correction post Budget. Private banks, FMCG, metals, select technology and healthcare stocks supported the market. 

However, capital goods and oil stocks were mixed. Axis Bank spiked nearly 3 percent followed by ICICI Bank with 1 percent gain and HDFC Bank with 0.3 percent upside. 

Tomorrow we would not likely to see large variations in the Market but till budget it gets better constantly.

Latest News

1. ICICI Bank, launched India's first digital bank on Mobile with the application name Pockets only available on Google Play Store, anyone can download that application and used as E wallet without having Account in Bank.  

2. Real estate giant DLF face new difficulty, competition commission give orders to investigate the sales and development of houses in Gurgaon project is in doubt. 

3. Nifty may go beyond the level of 9000 and may be touch the 9300 before the Budget their may be chances of getting maximum profit if trade in nifty50 sectors. 

4. Constant downfall showing by the Rupee against the dollar ; today it opens falls 8 piase against Dollar.