Thursday 16 April 2015

STOCK TRADING TIPS: SENSEX SLIP OVER 100 POINT, NIFTY BELOW 8750

The Indian stock market Trading in flat note. The BSE benchmark Sensex was 
looks sluggish trading on a morning deals owing to weakness in banking, FMCG and healthcare stocks.

The Nifty is down 41.20 points at 8707.15. About 913 shares have advanced, 910 shares declined, and 114 shares are unchanged.

ONGC, Bharti Airtel, Tata Motors, Hindalco and Tata Steel are top gainers in the Sensex. Among the losers are Sesa Sterlite, Cipla, Dr Reddy's Labs, L&T and HUL.

The Bank Nifty was the top sectoral loser, the index fell 0.5 per cent in the opening deals. Heavyweight banking stocks such as Federal Bank, Kotak Mahindra Bank, Canara Bank, Bank of Baroda, HDFC Bank, Axis Bank, Punjab National Bank, ICICI Bank, Bank of India and State Bank of India were trading with a negative bias.


16 Apr 2015 Stock Tips :

ONGC is a 'BUY' call with a target of Rs 337 and a stop loss of Rs 315.60.


Axis Bank is a 'SELL' call with a target of Rs 538 and a stop loss of Rs 554.


Oriental Bank of Commerce is a 'BUY' call with a target of Rs 244 and a stop loss of Rs 222.


Tube Investments Ltd is a 'BUY' call with a target of Rs 410 and a stop loss of Rs 375.




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