Thursday, April 19, 2012
Stock Market Trend & Tips for Today, 19th April 2012
Stock Market Trend : The Indian Stock market opened with a quiet note and continued to gain in early trade. US markets ended lower with Dow down with 83 odd points.
Sensex is trading at 17423 up 31 points from the previous close and Nifty is at 5312 up 11 points. CNX Midcap index is up 0.3% and BSE Smallcap index is up from 0.3%. The market breadth is positive with advances at 432 agsint declines of 128 on the NSE.
HDFC contributed 5.51 points rise in the Sensex and was followed by ITC with 4.87 points, Tata Motors with 3.57 points and Tata Power Company with 3.21 point and HDFC with 2.77 points.
ICICI Bank contributed 11.31 points in the fall of Sensex and was followed by L&T with 9.97 points, BHEL with 4.47 points, SBI with 3.77 points and Reliance Industries with 2.96 points.
Top gainers in Sensex were Tata Power Company, Sun Pharmar, Tata Morots, Bajaj Auto and HDFC Bank. On the other hand BHEL, L&T, ICICI Bank, Wipro were the biggest losers in the Sensex.
Stock Tips For Today, 19th April 2012
- Infosys Ltd. Sell Call Intraday Target of 2345 and Stop Loss of 2430.
- Sun Pharma Buy Call with Target of Rs 615 and Stop Loss of 587.
- Jain Irrigation Systems Ltd. BUY call with Intraday target of 96 and Stop Loss of 91.
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