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Wednesday, 7 May 2014
Indian Stock Market Advisory Services and Recommendations
Shares of India's CESC Ltd gain 1.2 percent to 457.80 rupees after Deutsche Bank initiates coverage with a "buy" rating and a target price of 625 rupees for the power utility and retailer.
Titan Company reported 11.6 percent increase in net profit at Rs 206.44 crore for the fourth quarter ended March 31, 2014. The company had reported net profit of Rs 184.97 crore in the corresponding quarter a year ago.
S&P BSE Sensex is down14 points at 22,493, while NSE Nifty is down 4 points at 6,711.Some buying activity is seen in capital goods, power, oil & gas, consumer durables and FMCG sectors on BSE, while banking, metal and IT sectors are losing sheen.
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