BUY Kingfisher Airlines Ltd.
Target 7.50 Stop Loss 6.95 Last Traded at 6.97
SELL Biocon Ltd.
Target 275 Stop Loss 287 Last Traded at 284.75
SELL Dishman Pharmaceuticals -and- Chemicals Ltd.
Target 68 Stop Loss 71 Last Traded at 70.10
SELL Jammu -and- Kashmir Bank Ltd.
Target...
The stock market, meanwhile, remains in negative territory with shares from rate sensitive banking, realty and automobile sectors reeling under pressure. A section of the market was expecting a cut of 50 basis points and 25 basis points in the repo rate and CRR, respectively.
Shares from capital...
At 19,591.15, nearly 40 points off the day's low of 19,552.55, the Sensex is down 144.62 points or 0.73% at present. The Nifty index of the National Stock Exchange, which tumbled to 5930.15, is now down 48.40 points or 0.8% at 5950.95.
Banking sector heavyweights State Bank of India (down 2.7%)...
At 19,591.15, nearly 40 points off the day's low of 19,552.55, the Sensex is down 144.62 points or 0.73% at present. The Nifty index of the National Stock Exchange, which tumbled to 5930.15, is now down 48.40 points or 0.8% at 5950.95.
Banking sector heavyweights State Bank of India (down 2.7%)...
Indian ADRs ended mixed on Monday.
In the Banking space
HDFC Bank was up 1.79% at USD 41.53 and ICICI Bank was up 0.34% at USD 44.78.
In the Telecom space
Tata Communication was up 0.24% at USD 8.27. In the IT space, Wipro was down 3.94% at USD 7.81 and Infosys was down 1.03% at USD 41.31...
Silver MCX has resistance around 45900 and immediate support @42700. One can initiate short position below 42700 for TGT 41400 with SL 43200. As below 42700 Panic selling may again emerge.
Nifty options suggest market range of 5500-5700
-Total Puts added 53 lakh shares in Open Interest (OI)
-Total Calls shed 12 lakh shares in Open Interest
-5600 Put added 27.6 lakh shares in Open Interest
-5700 Call shed 5.7 lakh shares in Open Interest
-5500 Put added 3.4 lakh shares in Open...
Sensex is down close to 20 percent on dismal results. The former IT bellwether has disappointed the street on all parameters. The stocks is trading below its 200 DMA of 2525.
The Sensex is down 322 points at 18220 and the Nifty is down 77 points at 5517.
Turmeric trading range for the day is 6767-7223.Turmeric ended with good gains on the heels of weak domestic production along with strong stockiest demand.Total production of turmeric has been revised lower to 45 lakh bags for the current year from the previous estimates of 55 lakh bags.NCDEX...
The Indian rupee gained 17 paise in the opening trade at 54.34 per dollar versus 54.51 Wednesday.
The euro rose to 1.31 to the dollar. The dollar index slipped to 82.20 levels.
On Wednesday the US markets corrected on poor economic data. The ISM services index slipped to 54.4 versus 56 in February, however, private sector added 158,000 jobs in the month of March. The private payroll figures for the month of February revised up to 237,000.
The Dow Jones industrial...
The 30-share Sensex ended at 16863.30 down 370.68 points or 2.15 % and the 50-share Nifty ended at 5,087.30 down 117.40 points or 2.26 %. The Sensex and the Nifty reached an intra-day low of 16,828.33 levels and 5076.70 marks.....
Read more here- Nifty Tips