Tuesday, 21 April 2015

Market Update Stock Call Today:Sensex And Nifty Flat Sun Pharma slummed As much as 100 Point

Stock Market Updates: 

On Monday, fears of retrospective taxation triggering an outflow from foreign portfolio investors slashed 555 points off the BSE benchmark.In Today Trend The S&P BSE #Sensex opened lower and was down as much as 169.48 points.Nifty was trading at 8,391, down 58 points

The rupee fell to a three and a half month low in early trade on Tuesday

Sun pharma Cracks 10% On Daiichi Moves:

Shares in Sun Pharmaceutical Industries selling under pressure as much as 10 per cent or 100 point on Tuesday,their is biggest daily fall since June 2009 after Japan's Daiichi Sankyo started selling its stake in the Indian drugmaker.

The stake sale will have a negative impact on the stock as it was done at price lower than market level, and it could imply that Daiichi feels that the remediation measures will take more time, as according to Expert. This also indicates that Ranbaxy's integration will be little challenging for Sun Pharma.

#SunPharma is down 11 percent while HCL Tech slips 7 percent. Wipro, Cipla, Maruti and Dr Reddy's Labs are major losers in the Sensex.

Today stock calls

Sell Yes Bank with a target of Rs 753 and a stop loss of Rs 804

Sell Cipla with a target of Rs 630 and a stop loss of Rs 665.

Buy BPCL with a target of Rs 830 and a stop loss of Rs 795.

Sell CESC with a target of Rs 515 and a stop loss of Rs 552.

Sell L&T Finance with a target of Rs 60 and a stop loss of Rs 64.75. 

Stock Tips 


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