Sensex, Nifty, on Ram Navam 08 April, 2014

Indian stock market will remain shut on Tuesday, 8th April on account of public holiday. The BSE, NSE will remain closed for "Ram Navami".

Benchmark indices ended flat amid a volatile trading session on Monday after elections for the 16th Lok Sabha kicked off. Broader markets ended mixed where the BSE Midcap index fell 0.45 per cent, while the BSE Smallcap index gained 0.22 per cent in trade.

Importantly, Manglik expects banking stocks to play crucial role in the next up move so one may choose accordingly.

 

Tommaro 'BUY' or 'SELL' ideas for Tuesday, 08 April 2014 :-

• 'BUY' Glenmark with a target of Rs 635 and a stop loss of Rs 584.
  

• 'SELL' Havells with a target of Rs 865 and a stop loss of Rs 890.

• 'BUY' Exide with a target of Rs 135 and a stop loss of Rs 120.

• 'BUY' Idea Cellular with a target of Rs 152 and a stop loss of Rs 139.

• 'BUY' LIC Housing Finance with a target of Rs 262 and a stop loss of Rs 240.
  
  
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