Indices trade weak; Defensive stocks outperform.
The market breadth is weak on the BSE with 1,023 declines and 559 advances
TCS gains 4% as Q1 profit beats estimates.
Q1 consolidated net profit at Rs 5,058 crore against
an average analysts estimates of Rs 4,885 crore.
Markets open lower on weak global cues.
Sensex is trading at 25,523 levels down by 38 points
and Nifty is trading at 7,627 levels lower by 13 points
Pre-Market: 5 Stocks to watch.
The markets are likely to open in the negative territory tracking weak global cues.
Goldman sells M&M shares worth Rs 1.3k cr .
Golboot Holdings, the Cyprus-based entity controlled by Goldman held 1.91% stake in M&M
Intraday Today tips Buy or Sell :-
- BUY Tata Elxsi Ltd target of Rs 656 and a stop loss of Rs 626.
- SELL IndusInd Bank Ltd target of Rs 505 and a stop loss of Rs 533
- SELL HDFC Ltd target of Rs 942 and a stop loss of Rs 990.
- BUY UltraTech Cements Ltd target of Rs 2655 and a stop loss of Rs 2560.
SBI could seek attention on reports that it may raise about Rs 20,000 crore by selling shares over two years to fund capital requirements and expansion plans.
ReplyDeleteEquity Tips
Very nice post ,
ReplyDeleteThis is my form. Please fill it out. It's awesome!
http://www.123contactform.com/form-930733/Free-Share-Market-Tips
The market has ended on higher note. The Sensex was up 80.40 points at 25641.56, and the Nifty was up 23.45 points at 7663.90. http://goo.gl/s10cVd
ReplyDeleteHIGHLIGHTS :
ReplyDelete• The rupee closely tracked movement in dollar index.
• Dollar index measures the greenback's value against 6 major currencies.
• The dollar has been on a weaker trend this year.capitalstars