12/07/2016

Stock in the news, Nifty hitting 8500

Today in morning trade, The market has opened at fresh 11 months with the Nifty hitting 8500. The equity benchmarks, as well as broader market, continued to trade higher with marginal gains. Sensex advanced 88.73 points or 0.32 percent to 27714.76. Nifty rose 25.15 points or 0.30 percent to 8451.70. About 1015 shares advanced against 805 shares declined on BSE. Bank Nifty  bounces nearly 0.6 percent. BSE midcap positive 0.4 percent at 12103. BSE smallcap  up 0.3 percent and reached to 12106. Metal sector positive with 0.9 percent on sectoral basis. and other sectors as Financial Services +0.6 percent, FMCG +0.2 percent while Pharma and IT sector declined 0.4 percent and 0.3 percent. HDFC Bank, Maruti Suzuki, ICICI Bank, Tata Steel, NTPC and Bharti Airtel were Gainer in early trade, positive 1-2 percent while BHEL and Coal India fell over a percent. Infosys, TCS, Sun Pharma, Dr Reddy's Labs, Cipla, and Lupin were down. 

Today's Experts Trading Tips - 
Adani Ports - Buy, Stoploss - 208 Rs, Target - 225 Rs
Hindalco - Buy, Stoploss - 124 Rs, Target - 140 Rs
Arvind - Buy, Stoploss - 330 Rs, Target - 350 Rs
Oriental Bank - Sell, Stoploss - 132 Rs, Target - 115 Rs

1 comment:

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