Spectacular boom in Market today, last week rally continues in market. Midcap stocks traded with 1% gain small cap shares gained also. At 10:40 am BSE SENSEX traded at 25835.45 up 0.77% and Nifty traded at 7714.50 up 0.66%.
Kotak Mehindra Bank announce to sell 15% stakes of Financial Technology at MCX. Complete deal will be held nearly 460 crore Rs. RBI raised FDI limit of Kotak Mehindra bank up to 40% with certain conditions.
Hindalco Industries board approved to raise Rs 5000 crore capital, this capital will come through shares, bonds or depository receipt.
Share Market Tips Today
HDFC Bank Buy above 832 target 856 stop loss 821.
Biocon Ltd Buy above 500 target 510 stop loss 492.
Weak Global cues, Indian stock market traded under pressure. BSE SENSEX slipped 0.19% and NSE Nifty down 0.23%. Mid cap and Small Cap shares weak.
Crisil, Reliance infra, Tata Elexi, Reliance Power will announce their Quarterly results of 2015.
Golboot Holdings Sell 1.18 Crore shares of M&M at price of 1161.23 Rs while Goldman sachs Singapore buy M&M’s 38.9 Lakh shares at 1161 Rs price.
Wirpo tied to ATCO to provider Outsourcing services for 10 years
IDFC Sell below 159 target 155 stop loss 162.
Tata Motors Sell below 470 target 465 stop loss 480.
Market trend was flat today at 3:00 pm SENSEX traded at 25584.63 up 0.14% and Nifty gained 0.25% traded at 7643.30.
Realty and Oil shares fell 0.7% while Bank and Auto shares slipped 0.2%.
According to news Crompton Greeves will separate his Consumer business segment. Crompton Greeves jumped 14%. European Market under pressure. US Dollar down against Rupee.
In Commodity Market Crude Oil price rose, at MCX Crude future traded at 6140 up 0.85%.
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Both Market indices started with muted note on Thursday Morning session, at 11:15 am Nifty down 0.06% and traded above crucial psychological level 7600. Market trend is narrow.
Stock in Focus
TCS will report its Quarterly result, net profit likely to fall by 7.45%. Government will decided to sell $3billion stakes of ONGC in next month. Bajaj Auto will be announcing its first quarter result tomorrow.
Top Nifty Gainers Jindal Steel and Power, Grasim, Kotak Bank, ACC, Ultratech Cement.
Today Trading Calls
JPASSOCIATES Buy Above 67 target 70 stop loss 65.
ONGC Sell below 406 target 300 stop loss 408.