Sensex gains over 250 pts | Nifty hit 8,700

On Monday, The Equity market has opened at the strong note. Good gains in morning trade with Sensex trading at 271.78 points or 0.98 percent. Sensex opened at 27,997.29, Touched a high of 28,217.63 and a low of 27,919.89 in morning trade. Nifty trading above its crucial support level of 8,700. Nifty rose 89.85 points or 1.12 percent at 8705.75. It touched a high of 8,727.30 and a low of 8,635.00 in early trade. About 1522 shares have advanced, 272 shares declined, and 49 shares are unchanged. 

Sensex Gainers - Maruti Suzuki, M&M, Hero Motocorp, Adani Ports, and Sun Pharma.

Sensex Losers - TCS, Infosys, ICICI Bank, and Wipro.

Trading Tips for Monday -

HCL - Buy, Stoploss - 780 Rs, TGT - 830 Rs

Marksans Pharma - Buy, Stoploss - 50 Rs, TGT - 57 Rs

Hind Petro - Buy ( for 3-4 days), Stoploss - 418 Rs, TGT - 455 Rs

Equity benchmarks remained under pressure | Nifty fell over 39 pts

The Equity benchmarks opened in caution note. The market remained under pressure with the Sensex around 28,500 and Nifty trading at the crucial support level of 8,700. 

Sensex down 127.25 points or 0.45 percent at 28540. While Nifty trading at 8793.25, lower by 38.50 points or 0.44 percent.

The market breadth was positive as about 1060 shares advanced against 859 declining shares on the Bombay Stock Exchange.

The broader market outperforms with the BSE midcap index gained 0.14 percent at 13350.15. BSE smallcap index up 0.17 percent at 12981.57. 

Bank Nifty down 0.86 percent at 19731.60. The Indian rupee opened at 66.75 pre dollar, lower by 10 paise on Monday versus 66.65 Friday.

Sensex Gainers - Reliance 1.77%, Tata Steel 0.70%, Dr Reddys Labs 0.66%,  Coal India 0.62%, TCS 0.48%.

Sensex Losers - Bharti Airtel 2.46%, ICICI Bank 2.13%, GAIL 1.38%, ITC 1.30%,  M&M 1.30%. 

Trading Advice for Today by Experts - 

BUY    SBI, Stoploss - 245 Rs, Target - 258/260 Rs

BUY    Reliance Infra, Stoploss - 580 Rs, Target - 625 Rs

SELL  Sun TV, ( for intraday ), Stoploss - 501 Rs, Target 488 Rs

Sensex remained strong | Nifty above 8,850

On Thursday in early trade, The Stock market opened higher and seems a good condition after the ended on the red note on yesterday. Sensex tries to reach 28,850 and Nifty manage its crucial level of 8,800. 

Sensex trading at 28808.32, higher 302.03 points or 1.07 percent. It touched a high of 28,871.92 and touched a low of 28,766.94 in morning trade. 

Nifty gained 93.00 points or 1.06 percent to 8871.50. It touched a high of 8,893.35 and touched a low of 8,861.30 in early trade. 

About 924 shares have advanced, 99 shares declined, and 32 shares are unchanged on Bombay Stock Exchange. 

The broader market seems in positive strength. BSE midcap index up 0.89 percent at 13288.27. BSE smallcap index gained 0.92 percent to 12939.30. 

The Indian rupee gained on Thursday. It has opened 66.86 per dollar, higher 16 paise versus 67.02 Wednesday. Bank Nifty up 1.33 percent at 20091.20.

Sensex Gainers - Hero Motocorp 2.54%, SBI 2.33%, Adani Ports 2.15%, Reliance 1.96%, ICICI Bank 1.95%. 

Sensex Losers - TCS 0.60%, HUL 0.46%, Infosys 0.33%, Lupin 0.31%, Wipro 0.31%. 

Stock Trading Advice for Today - 

BUY   TVS Motors, Stoploss - 330 Rs, Target - 360 Rs

BUY   PTC, Stoploss - 78 Rs, Target - 85 Rs

BUY   DeltaCorp, Stoploss - 163 Rs, Target - 175 Rs

Sensex ended flat note | Nifty above 8,700

On Wednesday end of the day, The equity market closed on the flat note after consolidation session. 

Sensex closed marginally down to 28500. Nifty ended nearly its psychological level of 8,800. 

Sensex fell 15.78 points or 0.06 percent at 28507.42. Sensex opened at 28,554.38, touched a high of 28,689.36 and touched a low of 28,462.33 in intraday trade. 

Nifty closed with a gain of 1.25 points or 0.01 percent to 8777.15. Nifty opened at 8,790.30, touched a high of 8,826.85 and touched a low of 8,757.303 in intraday trade. 

BSE midcap index was down 0.07 percent at 13111.77. While BSE smallcaps index  rose 0.19 percent at 12821.36. Bank Nifty also closed with losses of 0.12 percent at 19828.45.

Sensex Gainers - Tata Steel 1.05%, HUL 1.00%, Axis Bank 0.85%, Bharti Airtel 0.69%, Wipro 0.64%.

Sensex Losers - ITC 1.26%, SBI 1.14%, BHEL 0.99%, ICICI Bank 0.86%, ONGC 0.68%.

Sensex,Nifty opens flat | Nifty hovering around 8700

Tuesday the market has opened the flat note. The equity benchmarks continued to consolidate with the Nifty hovering around its crucial support 8700 level. Sensex was trading 28121.40, down 67.22 points or 0.24 percent. It touched a high 28,289.96 of and a low of 28,116.03 in morning trade. Nifty fell 19.60 points or 0.22 percent at 8691.75.  It touched a high  8,728.35 of and a low of 8,686.75 in morning trade. Bank Nifty gained 0.01 percent at 18942.20 after the 30-minute trade. BSE Midcap Index was down 0.28 percent at 12788.47 and BSE Smallcap Index was down 0.30 percent at 12357.19. On the sectoral basis, all sector showed on red note remaining Pharma sector. In these, Media shares down around 0.9 percent. The Indian rupee opened flat at 66.84 per dollar versus previous close 66.84. Lupin surged 1.23 percent followed by NTPC, ONGC, BHEL, and Coal India in the Sensex. Adani Ports, ITC, HDFC, Larsen, and Asian Paints were the major Sensex losers on BSE. 

Today's stocks Trading Tips - 

Arvind - Buy, Stoploss - 307 Rs, Target - 330 Rs

Tata Comm - Buy, Stoploss - 460 Rs, Target - 480 Rs

ICICI Bank - Buy, Stoploss -235 Rs, Target - 256 Rs

Coal India - Buy, Stoploss -327 Rs, Target - 339 Rs

Tuesday market ended flat note | Nifty fall below

The equity market has ended in the red note. Nifty fall below 8600. Sensex slipped 118.82 points or 0.4 percent  at 27976.52. Nifty declined  45 points or 0.5 percent at 8590.65. 

About 1040 shares advanced against 1659 declined shares on the Bombay Stock Exchange.

BSE midcap index up 0.2 percent, and closed above 12420.  While BSE smallcaps index down 0.7 percent at 12150. Bank Nifty declined 0.7 percent at 18861. 

Axis Bank (up 2.92 percent), Yes Bank (up 1.47  percent), Power Grid Corp (up 1.45  percent), Tata Steel (up 1.14  percent), Infosys (up 0.73  percent) were the top gainer in the Sensex. 

Dr Reddys Labs  (down 4.67 percent), ICICI Bank (down 2.61 percent), Hindalco (down 2.63 percent), Hero Motocorp (down 2.13 percent), Kotak Mahindra (down 1.92 percent) were the major loser in the Sensex.

Monday stock news and Trading 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