Tuesday 7 August 2012

Nifty trend Today: Stocks in News

Stocks in Nifty Today

Bombay Stock Exchange (BSE) benchmark, opened flat on Tuesday.
Sensex was up 43 points to 17,456 and the broader share index, Nifty opened at 5,295 and gained 13 points.

stock nifty today
Although the trend is visible slowdown in Asian markets. Nikkei, Hang Sang, Straits Times, Cospi 0.6 to 0.1 per cent higher. Singapore Nifty is also trading strong. Shanghai Composite Index and Taiwan are in red.
Stocks which led to the market gained were Sun Pharma, Infosys which was up 1.5% while its competitors TCS and Wipro were up 0.5%.
Sesa Goa, ACC, bharti Airtel, Dr. Reddy's Labs, GAIL, DLF, Cipla, Tata Steel, JSPL, Hindalco and Tata Motors were also trading higher.
However, Hero Motocorp, Coal India, Maruti, State bank of India, ITC, ONGC and BHEL were trading under pressure.

Stocks-Nifty Tips

>>After a flat start, the market is now trading strong and Nifty has crossed the crucial 5300 levels. Sensex is trading at 17508, up 95 points from its previous close, and Nifty is at 5310, up 27 points. CNX Midcap index is up 0.6% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 812 against declines of 369 on the NSE
>> Buy Mahindra & Mahindra at Rs 691 with a target of Rs 710 and stop loss of Rs 685, says Rajesh Jain of Religare on CNBC TV18. The stock is currently trading at Rs 696.50, up 0.5% on the BSE.




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