Intraday trading calls today, Market updates 07 November 2014

After taking positive start Indian stock market benchmark indices SENSEX and Nifty slipped. Nifty traded below 8320 and SENSEX at 27826.61 down 0.30%. In sectoral indices Consumer durables, Healthcare, IT, Realty and Technology are positive.

L&T, Bank of Baroda, UCO Bank, Vijaya Bank, United Bank, Syndicate Bank, Sun TV, Essar Oil, JET Airways will announce their quarterly results.

Government plans to sell ONGC 5% shares in last week of November or first week of December.

Infosys has announced huge recruitment, the company would hire 2100 employees including 600 graduates in US.

Canara Bank profit increased from Rs 625.90 crore to Rs 626.6 crore in second quarter of fiscal year 2015.

Intraday trading calls

Buy Canara Bank above 406 target 417.36 stop loss 395.13.

Buy Infosys above 4148 target 4177 stop loss 4118.