25/07/2016

Monday stock news and Trading Tips

stock market tips

Today the equity market started with the negative note in morning trade. Sensex rose 14.16 points or 0.05 percent at 27812. Nifty up 4.65 points or 0.04 percent at 8544.85.
About 2 shares advanced for every share declined on BSE. BSE midcap index rose 0.5 percent at 12330. BSE smallcap index up 0.5 percent and reached 12160 level.
Bank Nifty declined 0.3 percent at 18640. Nifty Metal index and IT index down 0.5-0.2 percent. while Media, Auto, Capital Goods, Oil and Gas shares showing positive on the sectoral basis.
Maruti Suzuki ( up 0.6 percent ), Asian Paints ( up 0.7 percent ), SBI ( up 0.56 percent ), Bajaj Auto  ( up 0.56 percent ) and Adani Ports ( up 0.51 percent ) were the major Sensex gainers.
ICICI Bank ( down 0.6 percent ), Infosys ( down 0.58 percent ), Cipla ( down 0.62 percent ), Dr Reddy's Labs ( down 1.40 percent ), Axis Bank ( down 1.4 percent ) were the major Sensex losers.

Trading Tips by Experts - 

Federal Bank - Buy, Stoploss - 62 Rs, Target - 69 Rs
Amara Raja Batt - Buy, Stoploss - 875 Rs, Target - 960 Rs
DHFL - Buy, Stoploss - 215 Rs, Target - 234 Rs

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