Equity market sluggish ; Tata Motors, Axis Bank up

On Thursday The Equity market once again opened on the flat note. Sensex up mere 25.54 points or 0.03 percent at 26325.91. Nifty holding 8100 level and trading at 8116, marginal up 2.10 points or 0.06 percent. The market breadth marginally weak as About 1052 shares have advanced against 557 declining shares, and 76 shares are unchanged. BSE midcap index is trading down 0.03 percent at 12040.65, whereas BSE smallcap index is trading down 0.29 percent at 11873.52. The Indian rupee opened higher by 5 paise at 67.89 per dollar against 67.94  previous close.

Tata Motors, Axis Bank, Cipla, GAIL, and ONGC are among the gainers, whereas Hero Motocorp, Bajaj Auto, Wipro, Asian Paints, and Coal India are the losers in the Sensex. 

Cadila - Buy, SL - 360 Rs, TGT - 385/390 Rs

UPL - Buy, SL - 580 Rs, TGT - 635 Rs

Infosys - Buy, SL - 910 Rs, TGT, 1020 Rs

Sensex rallies over 300 pts | Nifty above 8600

Today the market ha opened fairly strong. Nifty reclimbed its crucial Psychological level of 8,600. Sensex surged by over 300 points in morning trade. It was opened at 27,810.55. Sensex was trading at 28017.51, up 307.93 points or 1.09 percent. It touched a high of 28,034.93 and a low of 27,795.74 in morning trade. 

Nifty gained 85.85 points or 0.99 percent at 8636.05. It was opened at 8600.20 in early trade. It touched a high of 8,646.65 and a low of 8,590.15 in early 30 minutes. 

The market breadth remained positive as about 1589 shares advanced against 495 declining shares on BSE.  

The broader markets also traded in line with benchmarks on positive breadth. BSE midcap index was up 0.96 percent at 12607.37 and BSE smallcaps index gained 1.06 percent at 12256.87. 

Nifty Bank rallies 1.56 percent at 18860.65. The Indian rupee opened higher by 6 paise at 66.85 per dollar against previous close 66.91. 

ICICI Bank, SBI, BHEL, Axis Bank, and Hero Motocorp were the top gainers. While Sun Pharma and Infosys were top losers in the Sensex. 

ICICI Bank gained 3.01 percent and reached in most buying stock. While Sun Pharma down 0.38 percent on BSE.

Today's Experts stock tips - 

Tata Steel - Buy, Stoploss - 364 Rs, Target - 387 Rs

Reliance Infra - Buy, Stoploss - 570 Rs, Target - 598 Rs

Arvind - Buy ( 2-3 days ), Stoploss - 302 Rs, Target -322 Rs

Monday Stocks news | Nifty hits 8700

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

Friday market closing update | Nifty below 8550

On Friday market closed higher but Nifty was below 8550. bclimbed 92.72 points or 0.3 percent at 27803.24. Nifty was up 31.10 points or 0.4 percent at 8541.20. 

The market breadth positive as about 1490 shares have advanced, 1187 shares declined and 190 shares are unchanged. 

Auto, metal, capital goods, oil & gas stocks are rallying. NTPC, L&T, Tata Motor, HDFC, Lupin & Cipla are the top gainer while Bajaj Auto, SBI, Sun Pharma and Wipro are the loser in the Sensex.

BSE midcap and smallcap indices gaining 0.98 percent and 0.81 percent.

PSU Banking stocks remained under pressure. Union Bank, PNB, Canara Bank, and IOB fell up to 4 percent during the day. 

On the sectoral front, Excluding IT and Pharma, All sector closed on green note.

Stock in the news | Experts Tips

The market has opened flat on Friday. Equity benchmarks continue to consolidate for the fifth consecutive session today. Sensex down 24.92 points or 0.9 percent at 27,685.60. Nifty declined 7.80 points or 0.9 percent at 8502.30. 

The market breadth positive as about 1013 shares advanced and 782 shares declining on Bombay Stock Exchange. 

The broader market outperforms benchmarks with BSE midcap and smallcap indices rising  0.3 percent each. 

Bank Nifty declined 0.3 percent and reached 18,605 level. While IT, Metal, and Pharma sector showing negative on the sectoral basis. Media sector up 0.9 percent, FMCG, and Auto sector rising 0.3 percent.

Biocon, Bharat Financial, Tata Metaliks, Wockhardt, ITC, Ashok Leyland and Boadal Chemical were most active shares on Exchange. 

Meanwhile Power Grid, Tata Power, and GAIL Bounces 1.7 - 1 percent. while Hindalco, SBI, and Bank of Baroda slipped 2.2 - 1.4 percent. 

The Indian rupee opened flat at 67.18 per dollar on Friday versus the previous close of 67.17 on Thursday.

Today's Experts Advice - 

Cairan India - Buy, Stoploss - 174 Rs, Target - 184 Rs

M&M - Buy, Stoploss - 1425 Rs, Target - 1465 Rs

Ashok Layland - Buy, Stoploss - 95 Rs, Target - 100 Rs

Stock market closing update | Nifty closed below 8550

Today the stock market shows volatility and the end of the day Nifty closed below 8550. Sensex and Nifty slipped after even a good recovery.

Sensex fell 105.61 points or 0.4 percent at 27836.50. nifty down 23.60 points or 0.3 percent at 8541.40.

The market breadth negative as about 1000 shares have advanced, 1681 shares declined, and 191 shares are unchanged. BSE smallcap down 0.75 percent at below 12000.

Tata Steel, Adani Ports, HDFC Bank, Bharti Airtel and HDFC were the top gainer. TCS, NTPC, Wipro, Infosys and Coal India were top loser in the Sensex. TCS and Wipro declined 3 percent each.

Stock market news update | Sensex Slipped 100 pts

Today early morning trade the market opened positive note but after some time market was down.  Sensex declined 125.25 points or 0.45 percent at 27829. Nifty down 31.50 points or 0.37 percent at 8534.

The market breadth was negative as about 1196 shares declined and 856 shares advance on BSE. The broader market outperformed benchmarks with BSE midcap index rising 0.25 percent.

MFCG, IT, Metal and Pharma Sector showing positive and Nifty PSU Bank index rose 0.7 percent on the sectoral basis.

Infosys, ITS, M&M, HUL, and Bharti Airtel top were the top gainer. Adani Ports topped buying list on Sensex, up 3 percent while L&T, ICICI Bank, HDFC, TCS and HDFC Bank were the loser. NTPC lost nearly 3 percent.

Today's Experts Advice - 

Torrent Pharma - Buy, Stoploss - 1432 Rs, Target - 1456 Rs

Titan - Buy, Stoploss - 407 Rs, Target - 428 Rs

ICICI bank - Buy, Stoploss - 260 Rs, Target - 280