Monday, April 09, 2012
Today's Indian Stock Market Trend & Tips, 09th April 2012
Indian Stock Market Trend
The Indian Stock market opened with a decline in early trade and all sectorial indices trading in red. The Sensex is trading at 17346 down 140 points and Nifty is trading at 5280 down 43 points. The CNX Midcap index down 0.7% While BSE Small cap index gained 0.1%.
ICICI bank contribued in fall of Sensex with 20.29 ponits and was followed by Reliance Industreis with 19.54 points, L&T with 15.36 points, ITC with 10.38 points and SBI with 10.13 points wihle Tata power contribued in rise of Sensex with 2.27 points and was followed by Tata Motors with 0.52 points, DLF with 0.65 points and Reliance Communicaotins with 0.97 points.
Stock Tips for Today
Reliance Power Ltd. Sell call with Intraday target of 113 and Stop loss of 120.
Hero MotoCorp Buy call with target of Rs. 2100 and Stop loss of Rs. 1975.
United Breweries Ltd. Sell call with Intraday target of 498 and Stop loss of Rs. 549>> Click here for more Tips
Top Gainers & Losers
Gainers in Sensex were Tata Power, HUL while BHEL, Hindalco, L&T, Gail (India), Jindal, were the biggest losers in the Sensex.
The market pulse was negative with 368 points advances against 512 declines.