Live Stock Market News Closing Bell ; Market Off Day's High

Sensex, Nifty off day's high; FMCG & infra up, Infosys falls Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. Get More Market Updates www.marketmagnify.com or Just Give One Missed Call at +917879-88-11-22

The Indian stock market surged further in afternoon trade with the Sensex rising 300 points or 1.12 percent to 27076.90, driven by banks, FMCG, infra and auto stocks. The Nifty is inching towards 8300, up 92.10 points or 1.12 percent at 8293.15. The market breadth remained positive as about 1483 shares advanced against 985 declining shares on Bombay Stock Exchange. 

The BSE Midcap index gained 0.6 percent and Smallcap was up 1.1 percent. Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. State Bank of India and ICICI Bank surged 4 percent each.

Today Nifty Top Gainers are :- SBI, ICICI Bank, UltraTechCement, Hindalco and Ambuja Cements .

Monday Top Stock Market News Tips Updates

Top Stocks in focus in Monday Stock Market Trade :-
The Indian market is expected to open flat on Monday tracking muted trend seen in other Asian markets. For daily share market news and trading service visit at www.marketmagnify.com or get free trials just give one missed call at +917879-88-11-22

Here is a list of Top Ten Stocks that are likely to be in focus today

Jaiprakash Associates: The diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore. The Group has on a consolidated basis failed to repay Rs 2,905.6 crore in principal amount to banks and another Rs 1,558.93 crore crore in interest payments.

Excel Crop Care Ltd: Japanese conglomerate Sumitomo Corp. has acquired 44.98% stake in Excel Crop Care Ltd BSE 1.73 % for around Rs.623.44 crore and also announced the launch of a Rs.415.80 crore open offer to acquire further 30% stake in the company.

Adani Enterprises: Indian conglomerate Adani Enterprise Ltd may walk away from its proposal to build one of the world’s biggest coal mines in Australia, citing long delays caused by legal challenges to to the project by groups concerned about the environment.

Sun Pharma: A wholly owned US subsidiary of Indian drug maker Sun Pharma BSE 0.58 % has agreed to divest two oral solid dosage manufacturing facilities to Frontida BioPharma.

Coal India: Mining behemoth Coal India BSE -1.36 % is likely to deliberate on a proposal to buy back its shares in its next board meeting. “Coal India had a meeting with the government last week and a buyback proposal is likely to be placed before the next board meeting,” company officials told PTI.

Cipla: Three years since Cipla BSE 0.99 % New Ventures announced its plans to nurture innovative business ideas, the first product of that initiative has been approved under brand name Stempeucel, a drug that could possibly turn into a blockbuster.

Biocon: Indian biotech frontrunner Biocon and its global partner for biosimilars, Mylan , have announced positive data from phase 3 clinical trials of a proposed copy of trastuzumab, a complex injection used widely to treat a type of breast cancer.

Find the money in stocks and earn profits

माना जा रहा है कि अमेरिकी में ब्याज दरें बढ़ने और वायदा एक्सपायरी के चलते घरेलू मार्केट पर भारी दबाव है। ऐसे में इन्वेस्टर्स वेदांता लिमिटेड, आईटीसी, अबन ऑफशोर और सिप्ला पर दांव लगाकर अच्छी कमाई कर सकते है। 

शेयर बाजार न्यूज़ और स्टॉक अपडेट्स के लिए विसिट करे
www.marketmagnify.com/stock-cash-tips.php

• Buy Vedanta target of RS 105 with stoploss of Rs 93
• Buy ITC target of Rs 355 with stoploss of Rs 342
• Buy Cipla target Rs 510 with stoploss of Rs 490
• Buy Asian Paints target Rs 957 with Stoploss of Rs 937   

 

• Sell Bank of Baroda target Rs 129 with stoploss of Rs 134.50
• Sell Reliance Infra target of RS 491 with stoploss of Rs 506

Top Trading Calls for Today’s Stock Market

आज के लिए निफ्टी पर ऊपर की ओर 7800-7840 का अहम रेजिस्टेंस रहेगा। वहीं, नीचे की ओर निफ्टी 7720 और 7700 का अहम सपोर्ट है। ऐसे में इन्वेस्टर्स एवरेस्ट इंडस्ट्रीज, कर्नाटक बैंक, गति लिमिटेड पर दांव लगाकर अच्छे रिटर्न हासिल कर सकते है।

अधिक जानकारी के लिए विसिट करे www.marketmagnify.com/stock-cash-tips.php या कॉल करे 0731-475-9399.

एसीसी (खरीदें) लक्ष्य- 1380 रुपए स्टॉपलॉस- 1367 रुपए

एवरेस्ट इंडस्ट्रीज़ (खरीदें) लक्ष्य- 300 रुपए स्टॉपलॉस- 280 रुपए

कर्नाटका बैंक (खरीदें) लक्ष्य- 128 रुपए स्टॉपलॉस- 114 रुपए

गति (खरीदें) लक्ष्य- 140 रुपए स्टॉपलॉस- 125 रुपए

क्रॉम्पटन ग्रीव्स (बेचें) लक्ष्य- 132 रुपए स्टॉपलॉस- 145 रुपए

जीएसपीएल (खरीदें) लक्ष्य- 67 रुपए स्टॉपलॉस- 61 रुपए

डिश टीवी (खरीदें) लक्ष्य- 98 रुपए स्टॉपलॉस- 90 रुपए

रिलायंस पावर का जून फ्यूचर्स बेचें लक्ष्य- 45 रुपए स्टॉपलॉस- 50.5 रुपए

Stocks to Buy Today

Shriram Transport Finance Corporation is showing continuation from that large range day we had- Buy Shriram Transport Finance Corporation with a stop loss of Rs 1,120, target of Rs 1,175.

For daily share market news and trading service visit at http://www.marketmagnify.com/stock-cash-tips.php

Aditya Birla Nuvo is now slowly pushing on the upside along with Arvind- Buy Aditya Birla Nuvo with a stop loss of Rs 1,000, target of Rs 1,065.

Hindustan Unilever heavy weights are looking fairly weak- Sell HUL with a stop loss of Rs 830, target of Rs 805.

Reliance is hanging around the 200-day average and unable to rally significantly on any given day. This is one of the stocks that comes under pressure once global markets turn down.- Sell Reliance with a stop loss of Rs 990, target of Rs 965.

Impact of Tax Reforms on Stock Market

भारत सरकार द्वारा मॉरिशस के साथ हुए टैक्स समझौते जैसे कदमों से घरेलू स्टॉक मार्केट पर भले ही निगेटिव असर दिख रहा हो, लेकिन आने वाले समय में ये कदम रिटेल इन्वेस्टर्स के लिए फायदेमंद रहेंगे।

  

Impact on Stock Market http://goo.gl/Qb9jz3

मार्केट पर क्या होगा असर

भारतीय बाजारों को लेकर विदेशी निवेशक पॉजिटिव हैं और उनका अब भी भरोसा कायम है। 

निफ्टी कुछ समय तक 7500-8000 के दायरे में कंसॉलिडेट करेगा और उसके बाद अर्निंग सीजन और ग्लोबल इवेंट के दम पर आगे तेजी का रुझान दिखाएगा।