Market News: Outlook Stock Market

The BSE benchmark was down 134.39 points to 18,657.54 and the 50-share NSE benchmark declined 42.30 points to 5,676.40.

Banking stocks, which rallied quite smartly yesterday, were witnessing profit booking. India's largest lenders State Bank of India and ICICI Bank went down 1 percent each while their rival HDFC Bank slipped 0.8 percent.

Engineering conglomerate Larsen & Toubro and state-run power equipment maker BHEL dropped 1 percent each.  

Stock Market Updates and Intraday tips

The stock market today opened on a low note.  After the yesterday's closure where the share market succeeded over 180 points, Sensex today opened below 80 points. The BSE index dropped 79.37 points to 18,712.56 and Nifty declined 23.20 points to open at 5695.50.
After facing the loss Tata Motors jumped up 0.4 percent.
Stocks trading up included ITC, Bajaj Auto and Dr Reddy Labs which were trading up 0.5-0.8 percent. 

Stocks in news on Friday- 19th October 2012

 1) Tata Consultancy Services Ltd will be in focus today due to the quarterly results. India 's largest IT player is expected to report a 4.1 per cent sequential growth in dollar revenue to Rs 2840 million from Rs 2728 million reported in the previous quarter.

2) ITC Ltd will be watched ahead of quarterly results. The company is likely to report a jump of 15 per cent in standalone net profit for quarter ended September at Rs 1,745 crore against a net profit of Rs 1,514 crore in the corresponding quarter last fiscal. 

3) Ambuja Cements Ltd, after the company reported 77.3 per cent rise in net profit for the July-September quarter at Rs 304 crore on higher sales realisation and improved operational efficiencies. 

4) Adani Power Ltd will be in focus ahead of its quarterly results. According to ET NOW estimates, the company is expected to report a loss of Rs 252 crore for the quarter ended September 30 as compared to net profit of Rs 177.50 crore in the corresponding quarter of last fiscal. 

FREE Stock Market Intraday tips

FREE Stock Market Intraday Tips

 Nifty Slipped 12 points to open at 5,664.30 on Monday morning. The BSE index, SENSEX was down 40 points and opened at 18,635.71.

The stock market was trading low on the first day of the trading week. The stocks which were trading under pressure included- Hindalco, Tata Motors, BHEL, GAIL, HDFC Bank, ICICI Bank, PNB, State Bank of India and Sesa Goa. 

The major retail unit, Pantaloon fell 1 percent following the last week's sharp fall. 

Network Media was a gainer and rose up 8 percent on the other hand, TV18 Broadcast accelerated 2.5 percent.

United Spirit hopped up 2 percent-5 percent.

The media sector was trading up- Zee Entertainment and Zee Learn gained 1 per cent.

India cement and Heidelberg Cement also accelerated up 2 percent.

Buy and Sell advice for the Stock market Today:

1. Tata Motors Ltd is a 'SELL' call with a target of Rs 163 and a stop loss of Rs 175 

2. Exide Industries Ltd is a 'SELL' call with a target of Rs 142 and a stop loss of Rs 155 

3. Ambuja Cements Ltd is a 'BUY' call with a target of Rs 224 and a stop loss of Rs 210 

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Free Stock Market Intraday Tips for 12th October 2012

The last trading day of the week, Stock market opened in red today. The 30-share BSE index, Sensex collapsed 89.84 points and the 50-share NSE index, Nifty shed away 24.75 points and opened with 5,683.30 points.

The country's  second largest software company, Infosys flung over 7 percent after the revision of the guidelines of the company. Indian stock market opened imperceptibly lower due the blow down after the India's second-ranked software services provider reported a net profit of Rs 2,370 crore for the quarter ended September 2012 in comparison to the expectation of Rs 2,378 crore. 

Stock Market intraday tips for 12th October 

1. Federal Bank is a ‘BUY’ call with a target of Rs 510 and a stop loss of Rs 469.

2. Lupin Ltd is a ‘SELL’ call with a target of Rs 525 and a stop loss of Rs 558.

3. Unitech Ltd is a 'BUY' call with a target of Rs 29.50 and a stop loss of Rs 26.

4. Power Finance Corporation is a 'BUY' call with a target of Rs 221 and a stop loss of Rs 202.

5. JSW Steel Ltd is a 'BUY' call with a target of Rs 805 and a stop loss of Rs 756.

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Stock Market Intraday Calls for 11th Oct 2012

The Stock market slugged 22.66 points in the early morning session on Thursday.  The BSE Sensex shed around 0.1 percent in the mornins session and opened at 18,608.44 while NSE Nifty shed 8.25 points and opened at 5,643.90. The early losers included the Infosys which lost 0.6 percent, SBI and HDFC.

On the other hand JP Associates gained 1 per cent ahead of the gain of 2.4 percent of yesterday.

The largest bank of the country, State bank of India plunged 1 percent, while the private sector ICICI Bank declined 0.24 percent.
The Stocks in the stock market trading under pressure included BHEL which descended 1.5 percent in continuation of the loss from the previous day's 2 percent. NTPC, Sterlite, Hindalco, Bajaj Auto, Maruti, HDFC, L&T and M&M were also following in line.

The BSE Realty Index was trading 0.8 per cent higher while the BSE Oil & Gas Index was trading low 0.28 per cent. The BSE Power Index was down 0.3 per cent, the BSE IT Index declined 0.23 per cent and the BSE Capital goods Index was down 0.16 per cent. 
The BSE midcap index was trading flat, while the BSE Smallcap index was up 0.14 per cent. 

Stock Market Intraday Calls

1. Reliance Capital Ltd BSE -1.05 % is a 'SELL' call with a target of Rs 425 and a stop loss of     Rs 450 

2. PTC India Ltd BSE -1.54 % is a 'SELL' call with a target of Rs 60 and a stop loss of Rs 71 

3. IRB Infrastructure Ltd is a 'SELL' call with a target of Rs 140 and a stop loss of Rs 153 

4. Financial Technologies Ltd is a 'BUY' call with a target of Rs 1050 and a stop loss of Rs 980 

5. JP Associates Ltd is a 'SELL' call with a target of Rs 97 and a stop loss of Rs 83 

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Nifty and Stock Market Overlook

On the second business day of the week, Tuesday the market strengthened in the Indian stock mark. Morning at 10:10 with the BSE Sensex gained 110.91 points and was trading at 18,819.89. However, this time Nifty was trading at 5,710.05 with a gain of 34.05 points was.

The morning opened with market share gains and was a relief to the investors. Sensex closed at 18859.78 with a gain of 150.80 points. Nifty closed at 5724.80 with a gain of 48.80 points. However, improvement was observed in Rupee. Inter-bank money market rupee rose by 40 paise to Rs 52.24 per dollar at the beginning of the day itself.

Nifty Trend and Buy Shares Advice

After the two days closure, Sensex opened flat on Monday morning. In the the early trade the BSE Sensex benchmark tumbled at little and lost 55.65 points and was trading at 18,882.81. The weakness in the Asian market and the weak growth and low September quarter earnings was found to be the reason of decline in the Indian markets.
The broader share index, Nifty-fifty was also trading low with a decline of 22 points to 5,724.95. Unlike the last week's ascend towards the dollar, Indian Rupee descended 36 paise, Rupee reached 52.21 as against the greenback.
The realty index was trading under pressure today. DLF stock dipped 3.5 percent on account of Robert Vadera deals.
BHEL lost 2.5 percent due to profit-booking. Stocks trading in red were:
ASS, Ambuja cements, JP Associates, L&T, Tata Power, HUL, Reliance Infrastructure, Sesa Goa, Reliance Industries, ICICI Bank, Bank of Baroda.
Stocks on the buyers radar were:
Bharti Airtel, Sun Pharma, HDFC, ONGC which climbed up 0.5-1 percent.
The BSE Realty Index was trading 1.08 per cent lower, the BSE Capital Goods Index declined 0.6 per cent and the BSE Oil & Gas Index was down 0.58 per cent while the BSE HealthCare Index was trading 0.5 per cent higher followed by IT Index, which rose 0.3 per cent.

The BSE midcap index was trading 0.2 per cent higher, while the BSE Smallcap index rose 0.23 per cent.

Asian stocks edged lower as investors booked profits following a rally last week, despite better-than-expected US employment data released on Friday. Chinese market reopens today for the first time after a week long holiday.

Japanese financial markets were closed for a public holiday.

Hong Kong's Hang Seng index was trading lower at 20,966.12, down 0.2 per cent. South Korea's Kospi index was trading 0.5 per cent lower at 1,983.45. China's Shanghai index was trading 0.2 per cent lower at 2,081.12.

Buy and Sell Advice:

1. Crompton Greaves Ltd is a ‘BUY’ call with a target of Rs 160 and a stop loss of Rs 133.

2. Dabur India Ltd is a ‘BUY’ call with a target of Rs 138.50 and a stop loss of Rs 130.

3. Sintex Industries Ltd is a ‘BUY’ call with a target of Rs 78 and a stop loss of Rs 69.

4. Lupin Ltd is a ‘SELL’ call with a target of Rs 535 and a stop loss of Rs 584.

5. McLeod Russel Ltd is a ‘SELL’ call with a target of Rs 300 and a stop loss of Rs 326.