01/08/2016

Monday Stocks news | Nifty hits 8700

stock market tips
On Monday, The market has opened on a strong note. Sensex rallied 215.10 or 0.77 percent at 28,266.18 in opening trade amid hope of the GST bill getting cleared by parliament. It's a high of 28,284.85 and a low of 28,077.42 in morning trade. Nifty rushing towards 8700 level after 16 April 2015. Nifty is up 67.20 or 0.78 percent at 8706. It's a high of 8,711.30 and a low of 8,650.80 in morning trade. The market breadth  remained positive as about 1365 shares advanced and 593 shares declined on Bombay Stock Exchange. Bank Nifty up 0.5 percent at 19,000. BSE midcap up 0.8 percent at 12415. In sectoral basis, All shares showing trade on green note. Metal and Realty share up more than 1 percent as well as PSU Banking shares up 1 percent. TCS, Bajaj Auto, Wipro, Maruti Suzuki, and Tata Motors were major gainers in the Sensex. ICICI Bank, Larsen, Lupin, and Coal India were the top loser in the Sensex.

Experts trading tips - 
Bharat Forge - Buy, Stoploss - 745 Rs, Target - 784 Rs
Biocon -  Buy, Stoploss - 825 Rs, Target - 870 Rs
Bata - Buy, Stoploss -583 Rs, Target -625 Rs

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