Monday, 20 April 2015

Stock Intyraday Tips:Sensex Extended Fall Over 150 Point and Nifty near 8550

Equity Benchmarks as well as broader markets extended losses in morning trade today, The BSE benchmark #Sensex edged lower in the morning deals on Monday on the back of selling pressure visible across the board.dragged by technology, auto, FMCG and HDFC group stocks.

 At 10.30 The #Sensex fell 178.40 points to 28263.70 and the #Nifty declined 55.35 points to 8550.65.

The BSE Midcap and Smallcap indices fell 0.9 percent each. About 797 shares have advanced, 1104 shares declined, and 127 shares are unchanged on the BSE.

Infosys topped the selling list on#Sensex, down 2.6 percent followed by TCS, Tata Motors, Mahindra & Mahindra, Hero Motocorp, Coal India and Sesa Sterlite with 1-2 percent losses

Index heavyweight Reliance Industries declined 0.7 percent despite strong earnings in Q4 with the profit rising over 22 percent and gross refining margin at USD 10.1 a barrel.

However, shares of Sun Pharma rebounded today with 2.6 percent upside. ICICI Bank, Dr Reddy's Labs, ONGC and Tata Steel gained 0.5-1 percent.



Stock Intraday Tips: 
Axis Bank Ltd is a 'SELL' call with a target of Rs 765 and a stop loss of Rs 815

IndusInd Bank Ltd is a 'SELL' call with a target of Rs 840 and a stop loss of Rs 850.

Bharat Forge Ltd is a 'SELL' call with a target of Rs 1,140 and a stop loss of Rs 1,225.

HCL Tech Ltd is a 'SELL' call with a target of Rs 890 and a stop loss of Rs 947.

SRF Ltd is a 'BUY' call with a target of Rs 1,140 and a stop loss of Rs 1,05
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