Friday, March 23, 2012

Share Market Trend & Tips for Today

On the last day of trading Indian Share Market opens with a positive note. Earliners, US market closed lower with Dow down with 78 odd points while Asian market is trading soft this hour.
Sensex is trading 84 points up from its previous close and Nifty is trading at 5253 up 25 points from previous close. CNX Midcap index is 0.5% up and BSE Smallcap index is 0.3% up. The market breadth is positive with advances at 369 against declines of 124 on NSE.
ICICI Bank contributed in the rise of Sensex with 17.4 points and was followed by Reliance Industreis with 15.02 points, State Bank of India with 9.95 points, Infosys with 7.53 points and Tata motors with 5.81 points.
HDFC contributed in the Sensex with 4.73 points and was followed by M&M with 4.09 points, Maruti Suzuki with 3.7 points, Bharti Airtel with 2.77 points and Grasim Industreis wth 1.72 points.
Biggest gainers in the Sensex were ICICI bank (1.40%), SBI (1.32%), Tata Motors (0.98%), Reliance Industreis (0.92%), BHEL (0.90%) and Sterlite Industries (India) with 0.70%.
Major losers in the Sensex were Maruti Suzuki (1.57%) M&M (1.11%0, Bajaj Auto (1.10%), Bharti Airtel (0.54%), HDFC (0.41%) and Cipla (0.32%).
Share Tips for Today
-Coal India Ltd. BUY call with Intraday Target 350 and Stop Loss of 337.
-Aban Offshore Ltd BUY call with Intraday Target of 450 and Stop Loss of 437.
-Bata India Ltd. BUY call with Intraday Target of 810 and Stop Loss of 755.
Click here for more Tips
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