Tuesday, February 21, 2012
Indian Share Market Tips for Today
BUY Suzlon Energy Ltd. Intraday Target 31.75 Stop Loss 28.
SELL Crompton Greaves Ltd. Intraday Target 148 Stop Loss 161.
Buy M&M above Rs 753 with a target of Rs 772 and stop loss of Rs 740
Sell LIC Housing at Rs 270 with an intra-day target of Rs 264 and stop loss of Rs 273....MORE TIPS>>
The Indian market opens for trade this morning on a flat-to-positive note while Asia is in the red at this hour. Sensex is trading at 18341, up 52 points from its previous close, and Nifty is at 5578, up 14 points. CNX Midcap index is up 0.6% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 581 against declines of 176 on the NSE.
I T C contributed rise of 15.83 points in the Sensex. It was followed by Larsen & Toubro (10.95 points), Bharat Heavy Electricals (9.67 points), State Bank Of India(8.11 points) and Oil & Natural Gas Corporation (6.72 points). However, Infosys contributed fall of 14.51 points in the Sensex. It was followed by Tata Consultancy Services (12.19 points), Housing Development Finance Corporation (3.8 points), Bharti Airtel (2.97 points) and Reliance Industries(2.83 points).Major gainers in the 30-share index were Bharat Heavy Electricals (3.48%), Hindalco Industries (1.92%), Tata Steel (1.37%), Sun Pharmaceutical Industries (1.22%), I T C (1.17%), and Oil & Natural Gas Corporation (1.16%).
On the other hand, Tata Consultancy Services (1.40%), Infosys Technologies (0.83%), Bajaj Auto (0.59%), D L F (0.53%), Bharti Airtel (0.53%), and G A I L (India) (0.46%) were the biggest losers in the Sensex.
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