Latest news on Indian Stock Market position

    Level of stock market, nifty trend and market news available following:

LIVE STOCK MARKET NEWS

·         Shares of Tata Motors, ONGC, Coal India, ICICI Bank, Bajaj Auto, Ambuja Cements and IndusInd Bank were down 2.5-4.5 percent.

·         The Nikkei ended down 1.1 percent to 15,341.82 after slipping to a low of 15,255.36, the weakest since last Friday.

·         The case comes as an increasing number of users switch to cheaper Internet-based voice and video services, grabbing market share from telecoms operators.

·         Shares of ONGC, Tata Motors, BHEL, State Bank of India, GAIL, IndusInd Bank, BPCL and Bank of Baroda are top losers among largecaps in the Sensex, which lost between 2-3 percent.

MARKET HIGHLIGHTS  

·         Tata Motors    369.80 9.35(2.59%) Vol :2.48m

Tata Motors sees short covering. Goldman Sachs says buy for target price of Rs 444

·         Bharti  Airtel     326.50 2.90(0.9%) Vol :1.17m

CLSA upgraded the rating on stock to outperform from underperform

·         Berger Paints   237.05 7.70(3.36%) Vol :217.1k

Promoter UK Paints buys 3.5 lakh shares of the company at Rs 228.5/share

·         GMR Infra      22.20 0.00(0%) Vol :2.52m

GMR is set to exit Istanbul Airport JV, ink pact to sell 40% stake to TAV Airports holding for Rs 2500cr: ET

·         Allahabad Bank   90.95 -1.40(-1.52%) Vol :382.3k

RBI orders special audit for bank, to check for non-performing assets and "special mention accounts".

NEWS ON ASIAN MARKET

·         Asian stocks were mixed on the final trading day of the week.

·         China’s Shanghai Composite was down 0.36 percent or 7.90 points at 2,194.89.

·         Hong Kong’s Hang Seng was flat at 23,200.34.

·         Japan’s Nikkei was up 0.17 percent or 26.37 points at 15,368.19

·         Taiwan’s Taiwan Weighted rose 0.16 percent or 13.68 points at 8,375.01.

·         Singapore’s Straits Times shed 0.46 percent or 14.04 points at 3,045

·         South Korea’s Seoul Composite declined 0.67 percent or 13.22 points at 1,954.71.

So if you are planning to invest in the stock market get value to the most accurate Stock Tips and Nifty Future Tips provider as the money that you are investing in is to be valued first. So to get a valuable advisory services on, Stock Tips, or to fulfill financial goals by making money work for them a better way. We try to follow the trend and ride it using technical analysis rather than predicting it.

          For 2 Days Free Stock Market Tips, please visit our site at www.marketmagnify.com or please call our 24/7 Customer Care Support us 0731 – 6619100