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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