Indian Stock Market Marginally High, MidCap Shines | Intraday Tips

Indian Stock Market trading marginally higher. Sensex with 73 points hike trading at 27770 and Nifty with 19 points up at 8564. Rupee strong with 14 paise opened at 66.85 per US Dollar. Asian Market is also trading higher today. Nikkei is up with 145 points to 16228, Hang Seng is up with 136 points to 21875 and Shanghai Composite is trading down 5 points to 2972. Maximum Sectors are trading positive with high leads. BSE Auto Sector is leading with 344 points hike to 21073, BSE Small Cap is up with 74 points to 12155, BSE MidCap hikes 82 points to 12522 and Nifty Midcap with 112 points lead at 14631. In Commodity Segment, MCX Gold dropped 108 points to 31500, Silver dropped 539 points to 47132. Natural Gas with minor drop of 0.80 points trading at 190.80 and Crude Oil hikes 21 points to 2761.

NBCC has bagged an order worth Rs 250 crore for ESIC hospital in West Bengal. 

Buy NBCC India above: 244.14 Targets: 247.93 - 251.88 - 255.87 - 259.88 Stoploss : 240.25 

Siemens has bagged an order worth Rs 217 crore for Power Grid Company of Bangladesh. 

Buy Siemens above: 1260.25 Targets: 1268.5 - 1277.42 - 1286.37 - 1295.35 Stoploss : 1251.39

Punj LLoyd has sold the stake to the Engineers and Construction Plant of Britain. 

Buy Punj LLoyd above: 21.39 Targets: 22.55 - 23.75 - 24.98 - 26.25 Stoploss : 20.25

PVR has launched a new multiplex at Plawa Navi Mumbai. 

Buy PVR above: 1113.89 Targets: 1121.68 - 1130.07 - 1138.49 - 1146.94 Stoploss : 1105.56 

Intraday Tips By Experts

Sensex Nifty Climbing Up, Commodity Market Drifting Down

Indian Stock market is trading high today. Sensex live at 26638 (+0.43 percent) and Nifty live at 8163 (+0.28 percent). All the sectors are trading positive. Indian currency Rupee opened flat at 67.20 against Dollar. All the Major Indexes of Asian Market are trading high. Commodity Market is under pressure. Gold dropped Rs 226 to Rs 30,381 per ten grams while Silver dropped 555 to Rs 41,129 per kg. Crude Oil live at Rs 3,130 with Rs 3 down. 

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• MCX is going to launch an agri product, Pepper Futures will be starting. 

Buy MCX above: 1008.06 Targets: 1015.5 - 1023.48 - 1031.49 - 1039.54 Stoploss : 1000.14 

• Siemens got an order of about 978 Crore Rupees from Governement. Project is about connecting the networks of India-Bangladesh power supply hence set up a high voltage current link. 

Buy Siemens above: 1269.14 Targets: 1277.42 - 1286.37 - 1295.35 - 1304.36 Stoploss : 1260.25 

• Central Electricity Regulatory Commission has ordered that when state goverments are defaulted then Reliance Power poromoted can supply 4000 MW Sasan ultra mega power in Punjab and Rajasthan. 

Buy Reliance Power above: 54.39 Targets: 56.22 - 58.11 - 60.03 - 61.98 Stoploss : 52.56