Stock In News For Bse/Nse Sensex Nifty

The Indian equity markets are likely to open marginally in the green on expiry day, a day after it saw yet another fresh record closing high albeit with volatility. The SGX Nifty, giving a hint of the market trade, was trading at 6618, up 7 points at 7:45. The Nifty ended above psychological 6600-mark for the first time, rising 11.65 points to 6601.40, while the Sensex was up 40.09 points at 22095.30. What aided the strong momentum was the appreciation seen in the rupee that rose to its highest level in 8 months of 60.13 against the USD thanks to strong capital inflows (nearly USD 3 billion in cash market) from corporates and banks.

Global cues, meanwhile, are mixed with the US markets having closed near session lows on heightened Ukraine worries. US President Barack Obama cautioned against complacency on Russian moves in Ukraine. European markets ended higher on stimulus hopes while Asian stocks are trading lower, with Japan’s Nikkei down over a percent.

he Indian equity markets are likely to open marginally in the green on expiry day, a day after it saw yet another fresh record closing high albeit with volatility. The SGX Nifty, giving a hint of the market trade, was trading at 6618, up 7 points at 7:45. The Nifty ended above psychological 6600-mark for the first time, rising 11.65 points to 6601.40, while the Sensex was up 40.09 points at 22095.30. What aided the strong momentum was the appreciation seen in the rupee that rose to its highest level in 8 months of 60.13 against the USD thanks to strong capital inflows (nearly USD 3 billion in cash market) from corporates and banks. Global cues, meanwhile, are mixed with the US markets having closed near session lows on heightened Ukraine worries. US President Barack Obama cautioned against complacency on Russian moves in Ukraine. European markets ended higher on stimulus hopes while Asian stocks are trading lower, with Japan’s Nikkei down over a percent.

Read more at: http://www.moneycontrol.com/news/market-cues/global-cues-mixed-nifty-likely-to-opengreen_1058795.html?utm_source=ref_articl

he Indian equity markets are likely to open marginally in the green on expiry day, a day after it saw yet another fresh record closing high albeit with volatility. The SGX Nifty, giving a hint of the market trade, was trading at 6618, up 7 points at 7:45. The Nifty ended above psychological 6600-mark for the first time, rising 11.65 points to 6601.40, while the Sensex was up 40.09 points at 22095.30. What aided the strong momentum was the appreciation seen in the rupee that rose to its highest level in 8 months of 60.13 against the USD thanks to strong capital inflows (nearly USD 3 billion in cash market) from corporates and banks. Global cues, meanwhile, are mixed with the US markets having closed near session lows on heightened Ukraine worries. US President Barack Obama cautioned against complacency on Russian moves in Ukraine. European markets ended higher on stimulus hopes while Asian stocks are trading lower, with Japan’s Nikkei down over a percent.

Read more at: http://www.moneycontrol.com/news/market-cues/global-cues-mixed-nifty-likely-to-opengreen_1058795.html?utm_source=ref_articl

'BUY' or 'SELL' ideas for Thursday, 27 March 2014

• Analysts continue to prefer private sector banks like ICICI Bank, HDFC Bank among others, despite a spurt in stock prices and rise in valuations.

• These 10 stocks of the BSE 100 universe have the most number of sell recommendations from analysts. Get rid of them now.
  
• Hindustan Sanitaryware Industries (HSIL) is poised to benefit the most from the double-digit growth of the organised sanitary ware industry.
  
• State Bank of Travancore, an associate of SBI, today approved to raise equity capital up to Rs 629 by issuing new shares on rights basis.