Wednesday, April 11, 2012

Stock Market Trend & Tips for Today, 11th April 2012

Stock Market Trend : The Indian stock market opens with a soft note today with weak global market cues. Currently Sensex is trading at 17112 down 131 points, Nifty at 5200 down 42 points.
CNX Midcap index is down with 0.6% and BSE Smallcap index is down with 0.2%. The breadth of market is negative with adavnaces 141 against declines of 504 on NSE.
Infosys was down by 20.17 points and was followed by ICICI bank with 14.62 points, Reliance Industries with 13.74 points, HDFC Bank with 12.84 points and L&T with 11.49 points.
In Sensex the major gainers was Cipla while Sterlite Industreis, Jindal Steel & Power, Hindalco Industries, BHEL, Tata Steel, L&T were the biggest losers.
Stock Tips for Today
-BPCL Sell call with Intraday Target of 645 and Stop Loss of 693.
-Coal Indian Ltd. Buy call with Intraday Target of 335 and Stop Loss of 330.
-Lupin Buy call with Intraday target of 565 and Stop Loss of 532.
Click here for more Tips
(At 10.05am, market is still negative, Sensex trading at 17118 down 125 points and Nifty at 5204 down 38 points)

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