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Showing posts with label rupee. Show all posts
Showing posts with label rupee. Show all posts

Wednesday, 15 March 2017

Stock & Commodity Market Update with Crude Oil Tips For Today (15th March 2017)



After starting the day on a tepid note, the market witnessed consolidation as investors awaited the outcome of US Federal Reserve’s policy meeting. Indices held on to key levels, but turned red after posting a mega rally on Tuesday. Indian Currency Rupee is trading higher by 31 paise at 65.51. In Comodity Market, MCX Gold is 101 points down at 27975 and Silver has lost 88 points at 39995. Crude Oil has moved up 44 points at 3180. 

Crude Oil Tips

Crude oil prices are down on yesterday due to surprise output jump from its biggest member, Saudi Arabia, further pressuring prices that have now erased nearly all gains since OPEC announced output cuts in November.

SELL CRUDE OIL APR IN THE RANGE OF 3150-3130 TARGETS 3070/3000 STOPLOSS 3220

Wednesday, 21 December 2016

Sensex Nifty Range Bound, Rupee Recovers.

Equity benchmarks are being rangebound with minor hike of points. Sensex is live at 26356 with 48 points hike and NSE Nifty is 12 points up at 8094. In Broader Market BSE Small Cap has hiked 41 points at 11988 while BSE MidCap is 24 points up at 12028. Currently 1210 shares have advanced, 1085 shares have declined and 165 shares are still unchanged. Rupee is trading higher by 17 points at 67.86 against US Dollar.

Asian Market Updates: Global indices are trading mixed, with Hang Seng leading the region at 21893 with 164 points hike. Japan's Nikkei has dropped 50 points at 19444 while Shanghai Composite is 35 points up at 3138. 

Gainers: M&M, Hindalco, Bosch, Idea Cellular, Eicher Motors
Losers: Bharti Infratel, Sun Pharma, ITC, GAIL, Zee Entertain

Wednesday, 30 November 2016

Cement And Banking Stocks Rising - Latest Market Updates

Stock Market opened flat, Sensex is maintaining its early gains with hike of 86.24 points at 26480 while Nifty is withstanding its level at 8173 with 31 points gain. Bullion Market is marginally down today. MCX Gold has dropped 73 points at 28689 while Silver has dropped 92 points at 40746. Crude Oil hiked 20 points at 3133. Cement Stocks and some Banking stocks are rising.

Indian currency Rupee is trading higher by 17 paise at 68.54 against US Dollar. In broader market, BSE Bankex is 194 points up at 21052 while Bank Nifty jumped up 169 points at 18392. About 1527 shares have advanced 670 shares have declined and 150 are still unchanged.

Having a sight on Asian Market, Global indices are trading flat. Nikkei has dropped 26 points at 18280, Hang Seng is 71 points at 22808 and Shanghai Composite with minor fall of 29 points live at 3253.

Monday, 28 November 2016

Stock Market Firm, Banking Stocks Down

Stock Market opened in red, however with firm global cues benchmark indices are moving in the positive zone. Sensex is 59.26 up at 26375 while Nifty is 18.50 points up at 8132. In broader market small cap and midcap sectors are touching the heights. BSE Small Cap is 111 points up at 12139, BSE Midcap has moved up 100 points at 12283 and Nifty Midcap has jumped 136 points at 14666.

Asian Market Updates: Japan,s Nikkei has dropped 38 points at 18343 while all the other global indices are trading in the positive zone with Hang Seng leading the region with 204 points at 22928 and Taiwan Index is 63 points up at 9222. 

Indian currency Rupee, is trading lower by 30 paise at 68.76 against US Dollar. 

Crude Oil has slipped approximate to 4 percent. After RBI new CRR banking stocks have slipped today.

Wednesday, 21 September 2016

Latest Market Updates With Gold And Silver Tips by Experts

Today Stock market started on a tepid note. Sensex has hiked 141 points to 28664 and Nifty has gained 44 points to 8819. Currently Rupee is trading down by 8 paise at 67.09 against US Dollar. All the major sectors are trading in the positive zone with high leads. BSE Auto sector has gained 165 points to 22482, BSE Bankex sector drifted up 81 points to 22820, BSE SmallCap has hiked 103 points to 12900, BSE Midcap with minor hike of 65 points trading at 13186 and Nifty Midcap is up 83 points to 15494. Commodity Market is showing average movements with minor hikes and losses, MCX Gold has dropped 25 points to 30,899 while Silver lost 131 points to 46007. Natural Gas is trading at 206 points with no major and minor hikes and Crude Oil with major hike of 67 points trading at 3023.

Gold and Silver Tips By Experts

Gold: Buy is advised above 31081.3 with a stop at 30814.6 Below 30767.1 go for sell Intraday Resistance of GOLD are 31019.2 : 31098.3 : 31188.3 : 31225.1 Intraday Support of GOLD are 30828.8 : 30749.7 : 30660.8 : 30624.4

Silver: Buy is advised above 46589.1 with a stop at 45867 Below 45688.3 go for sell Intraday Resistance of SILVER are 46354.6 : 46534.5 : 46460.8 : 46505.6 Intraday Support of SILVER are 45921.4 : 45741.5 : 45816.4 : 45771.9

Thursday, 25 August 2016

Sensex Nifty Range Bound, Asian Market Down | Free Tips By Experts

Sensex Nifty Range Bound, Asian Market Down | Free Tips By Experts
Stock Market opens firm today. Market is trading stronger than yesterdays trend. Sensex gains 67 points to 28127 and Nifty gains 24 points to 8674. MidCap sector is performing well today. BSE Small Cap gains 62 points to 12577, BSE Mid Cap hikes 63 points to 13086 and Nifty Midcap drifted up by 55 points to 15217. Asian Market indices are trading negative. Japan's Nikkei dropped 24 points to 16573, Hong Kong's Hang Seng dropped 12 points to 22808 and Shanghai Composite lost 33 points to 3052. Adani Ports have lost more than 2.3 percent. Rupee opened higher by 2 paise at 67.09 against US Dollar. Gold with minor drop trading at 31040, Silver hikes 100 points to 43866 and Crude Oil gains 8 points to 3156. 

Friday, 19 August 2016

Sensex Nifty Dropped Amids Pressure | Commodity Tips By Experts

Sensex Nifty Dropped Amids Pressure | Commodity Tips
Equity Benchmarks opened green today, but amids pressure dropped down. Sensex dropped 30 points to 28093 while Nifty dropped 2 points to 8670. BSE Small Cap drifted 64 points up to 12464, BSE midcap hiked 66 points to 13034 and Nifty MidCap with major hike of 97 points trading at 15196. Asian Market is trading mixed today. Nikkei is 59 points up while Hang Seng and Shanghai Composite are trading marginally down. The Rupee opened weak by 14 paise at 66.95 against US Dollar. The Rupee opened on fresh dollar demand from banks and importers on the back of strong dollar in overseas markets. The rupee seen at lowest level since August 9. Commodity Market is trading lower today. MCX Gold dropped 0.2 percent to 31415 and Silver dropped 0.39 percent to 45913. Crude Oil hiked 24 points to 3301 and Natural Gas with minor drop of 1.60 points trading at 178 points. In metals, Copper, Nickel, Lead and Zinc are trading with minor drops. Oil prices surged 3% overnight, with Brent hitting an eight-week high as the world's biggest producers prepare to discuss a possible freeze in production levels. SBI Stocks surged 3 percent.

Thursday, 11 August 2016

Indian Stock Market Trading Low, Bullion Market Up | Intraday Tips | Commodity Tips

Indian Stock Market Trading Low, Bullion Market Up | Intraday Tips | Commodity Tips
Indian Stock Market opened flat today. A tug of war is going through the bullish and the bearish market. Sensex hikes 21 points to 27796 and Nifty with 5 points drop live at 8569. BSE Auto sector is trading least with 100 points down at 21172. Bullion market is trading in the positive zone. MCX Gold is 86 points up 31,359 and Silver is 678 points up to 47050. Natural Gas with 4 points down trading at 47050 and Crude Oil with 51 points drop trading at 2811. Currently Rupee is trading at 66.88 against US Dollar. 

  • Lupin's generic medicine of paralysis Clor-Con has gor the approval from US FDA. 
Buy Lupin above: 1570.14 Targets: 1579.27 - 1589.22 - 1599.2 - 1609.21 Stoploss : 1560.25 

  • Cabinet has approved to help for Rs 900 crore for BHEL's project. 
Buy BHEL above: 138.06 Targets: 140.94 - 143.92 - 146.94 - 149.98 Stoploss : 135.14 

  • HDFC Mutual Fund has bought 1.87 stake of Teamlease Services. India Advantage Fund has sell 5.32 percent stake in Teamlease. 
Buy Teamlease Services above: 1122.25 Targets: 1130.07 - 1138.49 - 1146.94 - 1155.42 Stoploss : 1113.89 

  • Cabinet has approved 100 percent foreign investment through automatic route in NBFC. 
Sell J M Financial below: 64 Targets: 62.04 - 60.09 - 58.16 - 56.27 Stoploss : 66.01

Intraday Tips

Thursday, 4 August 2016

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 

Wednesday, 3 August 2016

Sensex Nifty Falls, MidCap Declined | Intraday Tips by Experts

Sensex Nifty Falls, MidCap Declined | Intraday Tips by Experts
Indian Stock Market started low. Sensex Nifty Opened flat today. Sensex dropped 205 points to 27776 and Nifty dropped 54 points to 8568. Rupee declined 12 paise at 66.85 against US Dollar. Maximum sectors are trading negative except Bank Nifty and Metals Sector. BSE Small Cap dropped 86 points to 12133, BSE Mid-Cap dropped 131 points to 12498 and Nifty Midcap declined 160 points to 14605. In Asian Market, ‪Nikkei‬ declined 288 points to 16103, ‪Hang Seng dropped‬ 377 points to 21752 and ‪‎Shanghai Composite‬ with minor gain of 8.16 points trading at 2979.44.

Greenply Industries has been approved for the issuance of shares of up to $ 100 million through QIP. 
Buy GreenPly Industries above: 260.01 Targets: 263.93 - 268 - 272.11 - 276.25 Stoploss : 256 

The government has decided to explore anti dumping duty of 557 Dollar per ton on the export of Steel. 
Buy JSW Steel above: 1701.56 Targets: 1711.03 - 1721.38 - 1731.77 - 1742.19 Stoploss : 1691.26 

The petroleum ministry has suggested to the Finance Ministry to reduce oil cess. Oil cess reduced from 20 per cent to 10 per cent is being considered. 
Buy ONGC above: 225 Targets: 228.65 - 232.44 - 236.27 - 240.12 Stoploss : 221.26 

Zicom will give the electronic securities to Carnival Cinemas. It will provide securities on 324 screens. 
Buy Zicom Securities above: 43.89 Targets: 45.53 - 47.24 - 48.97 - 50.74 Stoploss : 42.25 



Tuesday, 2 August 2016

Stock Market Started At High Node | Free Intraday Tips

Stock Market Started At High Node | Free Intraday Tips
Indian Stock Market started with a high node today. Sensex live at 28112 with 109.20 points hike and Nifty with 27.20 points hike reached at 8663. Commodity Market is trading down today. Gold dropped 34 points to 31500 while Silver dropped 167 points to 47550. Natural Gas with minor loss of 0.70 points trading at 186 while Crude Oil with increase of 8 points trading at 2689. Maximum sectors are trading in the positive zone except IT, Teck and Metals sector. Rupee with weakness of 1 paise trading at 66.75 against US Dollar. In Asian Market, Nikkei dropped 174 points to 16461, Shanghai Composite wiht a hike of 2 points trading at 2956 and Straits Times declined 31 points to 2861. 

Intraday tips

Changes in the British pension scheme for the financial year 2016 Tata Steel's pension burden has been reduced to 35 percent. At the beginning of fiscal year 2016 Tata Steel's pension liability was estimated to Rs 1.8 lakh crore, which is now down to Rs 1.2 lakh crore. 
Buy Tata Steel above: 370.56 Targets: 375.2 - 380.05 - 384.94 - 389.86 Stoploss : 365.76 Nearly 7,200

SBI branches across the country is considering closing. 
Buy SBI above: 232.56 Targets: 236.27 - 240.12 - 244.01 - 247.93 Stoploss : 228.76 

MRPL is trying to increase 25 percent share holding either by OFS and issuing new shares. 
Sell MRPL below: 78.76 Targets: 76.6 - 74.42 - 72.28 - 70.17 Stoploss : 81 

Now at any time anyone can apply for the banking license. RBI has issued the guidelines for the universal bank. 
Sell Bharat Financial below: 870.25 Targets: 863.32 - 855.99 - 848.68 - 841.42 Stoploss : 877.64 

Friday, 15 July 2016

Sensex Nifty Drags, Infosys Slumps

Sensex Nifty Drags, Infosys Slumps
Indian Stock Market closed red. Sensex closed off day's low with 105 points down or 0.38 percent at 27836 while Nifty dropped 23 points or 0.28 percent to 8541. Indian sectors traded mixed. Adding to the losses, BSE IT had a major drop of 599 points closed at 10608, BSE TECk lost 239 points to 5845. Rupee declined 15 paise to 67.06 against US Dollar. In Commodity Market, MCX Gold gains 65 points to 31015 while Silver drops 39 points to 47,470. Natural Gas closed at 182.10 and Crude Oil with minor hike of 3 points closed at 3049. In NCDEX Market, commodities closed with minor and major losses. Charddel dropped 221 points at 8780, Rmseed hikes 3 points at 4983, Sybeanidr dropped 21 points to 3631, Cocudakl hikes 101 points at 2790 and Dhaniya drops 17 points to 7850.

Gainers: Tata Steel (+3.79%), Bharti Airtel (+3.26%), Idea Cellular (+3.25%), Bosch (+2.04%), HDFC (+2.03%)

Losers: Infosys (-8.82%), TCS (-3.04%), Wipro (-2.82%), Tech Mahindra (-2.72%), Aurobindo Pharma (-1.84%)

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Monday, 11 July 2016

Stock Market Rose More Than 1.50%, Recommended Stocks For Today

Stock Market Rose More Than 1.50%, Recommended Stocks For Today
On the first day of the new trading session, Indian Stock Market rose up high and touched 2016 new height. Shares rose more than 1.50 percent in the Monday morning session erasing all the losses of the last week sessions. Sensex surged more than 450 points in the morning session itself and reached 25784 with 1.69 percent increment while Nifty surged 129 points at 8452 with 1.55 increment. All the sectors are seem to touch the crest of todays session. BSE Auto being at the top gained 421 points at 20130 and BSE BANKEX uplifted by 403 points. All the Global Indices are trading in the positive zone with high leads. Rupee strengthened by 22 paise or 0.32 percent at 67.15. 

Recommended Stocks Today

  • Government has imposed anti-dumping duty on imports of chemical from five countries. 
Buy Indian Oil Corporation above: 478.51 Targets: 483.75 - 489.27 - 494.81 - 500.39 Stoploss : 473.06 

  • Reduction of 8 percent in production of Tata Coffee due to less rains. 
Buy Tata Coffee above: 115.56 Targets: 118.2 - 120.93 - 123.7 - 126.49 Stoploss : 112.89 

  • The government is considering raising the limit on foreign direct investment in the dairy sector. 
Buy Prabhat Dairy above: 102.51 Targets: 105 - 107.58 - 110.19 - 112.83 Stoploss : 100 

  • Reliance communications promoters have mortgaged Rs 190 crore shares. 
Buy Reliance Communications above: 52.56 Targets: 54.36 - 56.22 - 58.11 - 60.03 Stoploss : 50.76 

Tuesday, 5 July 2016

Stock and Commodity Market Dropped | Experts View for Intraday Trading

Stock and Commodity Market Dropped | Experts View for Intraday Trading

Indian Stock Market dropped today. Sensex traded 100 points lower on Tuesday with a negative bias led by losses in HDFC Bank, L&T, ITC, Axis Bank, and Tata Motors. Currently Sensex trading on 27200 with 78 points loss while Nifty dropped 25 points or 0.31 percent to 8344 points. Rupee declined by 12 paise to 67.39 per dollar. Indian sectors are trading mixed. Commodity Market fell down too. MCX Gold dropped 138 points to 31,645 and Silver drifted down 853 points to 47,399. 

 Experts View for Intraday Trading 
  • Ultratech's board has approved for the business of cement. Ultratech cement will purchase 21.2 mtpa capacity plant of JP Cement.
Buy J P Associates above: 12.25 Targets: 13.13 - 14.05 - 15 - 15.99 Stoploss : 11.39 
  • Infibeam has partnered with Gujrat Cooperative Milk Marketing for Amul through which Infibeam will provide online e-commerce and mobile platform. 
Buy Infibeam above: 702.25 Targets: 708.53 - 715.2 - 721.9 - 728.63 Stoploss : 695.64 
  •  IFCI has sold 2.25 lakh shares to NSE at RS 3950 per share. Company gave an approval in April 2014 for 2.5 percent partnership. 
Buy IFCI above: 28.89 Targets: 30.23 - 31.62 - 33.04 - 34.49 Stoploss : 27.56 
  • SCI fleet will expand from cost of Rs 1,000 crore. The company will begin shipments to Iran. 
Buy Shipping Corporation of India above: 70.14 Targets: 72.21 - 74.35 - 76.52 - 78.72 Stoploss : 68.06 

http://goo.gl/forms/o4GKu3vfonh7KwTE2

Monday, 4 July 2016

Sensex Rallies Above 200 points, Silver Touching Zenith

Sensex Rallies Above 200 points, Silver Touching Zenith
On the first day of new trading session, Indian Stock Market opened with higher positive leads. Currently Rupee trading at 67.18 against Dollar with strength of 14 paise. Sensex live with 208 points lead at 27353 and Nifty live at 8390 with 61 points lead. All the global market indices are trading in positive zone with Hang seng trading highest at 21105 with 311 points hike, all other indices are trading with minor hikes. Only FMCG sector is trading down with 83 points negative and other sectors are trading higher. In commodity market, MCX Gold hikes 367 points at 31830 and Silver making a long jump of 2136 points at 47,695 points. Crude Oil live at 3,314 and Natural Gas trading down with 2 points at 195.  

Profitable Shares Today

->SBI has a deal of RS 900 crore with a private equity firm in Mauritius for 5 percent stakes of NSE. 
Buy SBI above: 225 Targets: 228.65 - 232.44 - 236.27 - 240.12 Stoploss : 221.26

->For the year 2000-01 MTNL was refunded a tax of Rs 112.95 crore with Rs 52.35 crore included as interest.
Buy MTNL above: 23.76 Targets: 24.98 - 26.25 - 27.54 - 28.87 Stoploss : 22.56

->CNG price hike by 25 paise in Delhi. 
Buy IGL (Indraprastha Gas Limited) above: 625 Targets: 630.94 - 637.24 - 643.56 - 649.92 Stoploss : 618.76

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Thursday, 30 June 2016

Stock Market Rising High, Bullion Market Down

Stock Market Rising High, Bullion Market Down

Stock Market Today is back to its original pace. Sensex and Nifty Opens High. Sensex Hike 237 points or 0.89 percent to 26978 while Nifty50 pace up by 67 points or 0.82 percent to 8271 points. All the sectors are trading with high profits. Rupee opened with strongness of 12 paise at 67.55 against US Dollar. Having a sight towards Asian Market Nikkei trading with minor hike of 89 points to 15656, Hang Seng rises 327 to 20763 and China's Index Shanghai Composite is trading down at 2924 with 7 points down. Bullion Market is down today. MCX Gold dropped 153 to Rs 31,162 and Silver dropped Rs 55 to Rs 43,147 per kg. Natural Gas and Crude oil are trading positive with minor upliftments.  

Shares To Buy Today

LT Foods Ltd has open a subsidiary in UK. Company is trying to expand its business althrough.
  • Buy LT Foods Ltd. above: 252.01 Targets: 255.87 - 259.88 - 263.93 - 268 Stoploss : 248.06 
Future Enterprises has sold the 14 percent of Future Supply Chain to Grifin Partners.
  • Buy Future Enterprises above: 26.26 Targets: 27.54 - 28.87 - 30.23 - 31.62 Stoploss : 25 
Majesco has announced a strategic partnership with I Sign.
  • Buy Majesco Ltd above: 546.39 Targets: 551.97 - 557.86 - 563.78 - 569.73 Stoploss : 540.56

Wednesday, 29 June 2016

Sensex Nifty Rising High, Recommended Shares To Buy


Sensex Nifty Rising High, Recommended Shares To Buy
Market Opened In green today and has gained good amount of points. Rupee opened higher by 17 paise against Dollar. Sensex live at 26662 with 138 points hike and Nifty at 8176 with uplift of 48 points. According to experts Midcap sector will trade higher today. In asian Market, Nikkei trading at 15611 with 288 points up, Hang Seng live at 20299 with 127 points up while China's Major index Shanghai Composite uplift with minor points today.

Profitable Shares To Buy Today 

Today Shops and Establishment act can be passed today. Stores can then open twenty four hours. 
  • Buy Shopper Stop Ltd above: 385.14 Targets: 389.86 - 394.81 - 399.8 - 404.81 Stoploss : 380.25
RBI has put forward the financial Stability report. NPA's of bank can increase from 7.6 percent to 8.5 percent. 
  • Buy PNB above: 105.06 Targets: 107.58 - 110.19 - 112.83 - 115.5 Stoploss : 102.51 
  • Buy SBI above: 217.56 Targets: 221.15 - 224.88 - 228.65 - 232.44 Stoploss : 213.89 
http://goo.gl/forms/o4GKu3vfonh7KwTE2

Monday, 27 June 2016

Stock Market Slipping Down, Sensex Nifty Flat

Stock Market Slipping Down, Sensex Nifty Flat

Stock Market opened flat today after the Brexit issue result three days back. However market is struggling to be bullish in between. Sensex live at 26387 and Nifty live at 8084. Rupee opened at 67.53 against Dollar. Maximum Indian sectors are trading positive instead of IT, Metals, Auto and Teck sector. In Asian Market, Nikkei trading positive at 15261 with 309 points up, Shanghai Composite trading at 2878 with 24 points up and all other indexes are trading red. In commodity Market, Gold touching the heights with increase of Rs 1487 at 31,401 and Silver hiked Rs 1,202 at 42,392 per kg. Crude Oil live at 3,266.

 Shares in News Today
  • Tata Sponge has won the bid of 24,000 ton of coal per year by Coal India. 
Buy Tata Sponge above: 618.76 Targets: 624.68 - 630.94 - 637.24 - 643.56 Stoploss : 612.56
  • ARSS Infra's JRSS-BMS got an order of Rs 44.04 crore by Eastern Coast Railway. 
Buy ARSS Infrastructure above: 62.01 Targets: 63.96 - 65.98 - 68.02 - 70.1 Stoploss : 60.06 
  • Holding company Aban Offshore got an order of Rs 592 crore from ONGC. 
Buy Aban Offshore above: 206.64 Targets: 210.14 - 213.78 - 217.45 - 221.15 Stoploss : 203.06

Thursday, 23 June 2016

Stock Market Struggling to Bullish

Stock Market Struggling to Bullish

Sensex Nifty opened flat today. Market is struggling to be bullish. Sensex live on 26773 with just 7 points up or 0.03 percent while Nifty 50 struggling to cross the base level of 8200 with 3 points down or 0.04 percent. The Indian rupee opened marginally higher at 67.43 per dollar. Asian market is trading mixed. Maximum Indian sectors are trading negative today. 

Shares to buy 
  • Today Lupin's generic drug Aktivela has been approved by USFDA. 
Buy Lupin above: 1472.64 Targets: 1481.5 - 1491.14 - 1500.81 - 1510.5 Stoploss : 1463.06 
  • KEC International has got a new order of Rupees 1036 crore.
Buy KEC International above: 141.01 Targets: 143.92 - 146.94 - 149.98 - 153.06 Stoploss : 138.06
  • Government has drafted the new guidelines for medical device industry regulation which will be noticed shortly. 
Buy Opto Circuits above: 11.39 Targets: 12.24 - 13.13 - 14.05 - 15 Stoploss : 10.56

Wednesday, 22 June 2016

Stock Market Moving Up

Stock Market Moving Up
Market opened flat today. However Sensex gained 20 points and live on 26832 while Nifty gained 2 points to 8221. Rupee declined in early trade today. It opened lower by 10 paise at 67.59 per Dollar. All the sectors are trading positive except Metals sectors. All the indexes of Asian Market are trading green. 
Shares in News Today 
- Today rental housing policy will be declared in the cabinet which can benefit the reality companies. 
Buy HDIL above: 110.25 Targets: 112.83 - 115.5 - 118.2 - 120.93 Stoploss : 107.64 

- Textile Policy could get the green signal. Job creation will be the main focus of the policy. 
Buy Gokaldas Export Ltd. above: 121 Targets: 123.7 - 126.49 - 129.32 - 132.18 Stoploss : 118.26 

- OFS is set to sell stakes in OIL. 
Buy Oil India Ltd. above: 361 Targets: 365.58 - 370.37 - 375.2 - 380.05 Stoploss : 356.26