Tuesday, February 28, 2012
Indian Share Market Tips for Today
SELL Larsen & Toubro Ltd. Intraday Target 1,250.
The Indian Share Market starts trade this morning on a firm note after a string of weak sessions. Earlier, the US markets ended mixed while Asia is also mixed at this hour. Sensex is trading at 17610, up 164 points from its previous close, and Nifty is at 5328, up 47 points. CNX Midcap index is up 1% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 532 against declines of 110 on the NSE.
The Realty Index was at 1,857.74, up by 31.29 points or by 1.71%. The major gainers were Godrej Properties (2.81%), Anant Raj Industries (2.38%), Housing Development and Infrastructure (2.17%), D B Realty (1.64%) and D L F (0.95%).
The Metal Index was at 11,635.04, up by 148.53 points or by 1.29%. The major gainers were Hindalco Industries (1.68%), JSW Steel (1.4%), Coal India (0.73%), Jindal Steel & Power (0.43%) and Hindustan Zinc (0.37%).