Market News

Market opens in Green on Monday

The market opens with green sign on Monday a loss of about 6 %  last week. The 30-share BSE Sensex showed a upsurge of 296.17 points or 1.29 %  to 23282.29 and the 50-share NSE Nifty aslo escalated  97.65 points or 1.40 % to 7078.60.

About  811 shares advanced against 168 declining shares on the BSE. Bank of Baroda also jumped up at about  15.47 % despite showing losses in Q3 due to higher provisions.
Top Gainers : Vedanta, Tata Steel, Adani Ports, PNB, Axis Bank, Hindalco and SBI .

Intraday Stock tips for Today - 20th January 2012

• BUY Tata Chemicals Ltd. Intraday Target 360 Stop Loss 320.
• SELL IFCI Ltd. Intraday Target 20.55 Stop Loss 25.8.
• BUY DLF with a target of Rs 230-235 and stop loss of Rs 203.40.
• SELL Tata Motors Ltd. Intraday Target 211 Stop Loss 222. More tips>>

The Indian Stock market opens on a firm note of positive global cues on the last day of the week. Earlier, US markets ended higher which Asia is the green at this hour. Sensex is 16730 up 80 points from previous close and Nifty 5039 up 21 points. CNX Midcap index is 0.5% up and BSE Smallcap index is up 0.1%. The market breadth is positive with advances at 454 aginst declines of 169 on NSE.