Brexit Wins ; Top Stocks to Watch Nifty above 8050

Brexit is "negative" for the Indian IT industry in the short, and medium-term.The market continued to bleed though it recouped nearly 400 points losses on the Sensex in afternoon trade following recovery in Europe. For more Visit Us www.marketmanify.com or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

The United Kingdom's decision to leave European Union hurt market sentiment globally today. The 30-share BSE Sensex fell 687.60 points or 2.55 percent to 26314.62 and the 50-share NSE Nifty slipped 213.45 points or 2.58 percent to 8057. The market breadth was recovered a bit as about five shares declined for every share falling against earlier ratio of 10:1. 

Although, Gold, Silver, Jeera and few other commodities are having positive leads, but the whole Indian Market is down with heavy losses. In Stock Market, Sensex has dropped by 956 points and currently trading at 26045.23 and Nifty has dropped by 301 points and currently trading at 7969. In Asian Market, Nikkei has dropped around 1268 points (8.47%) and other Asian Indices are also trading with big losses. 

In Stock Market, all the sectors are moving negatively with the no signs of any gainer today. It’s clearly visible the top reason behind this crisis. With the china’s issue, Brexit can take up the market towards recession. In Commodity Market, most of the Mcx and Ncdexcommodities are trading in negative zone, while few are rising up. 

Gold is currently trading at 31708 with the hike of 1794 points (6%) and Silver is trading at 42739 with the hike of 1549 points (3.76%), Crude oil is trading with the loss of 141 points (4.2%). According to experts, doing any trade in panic would not be good for the traders and we need to wait for the left out declarations.

Free Tips News Updates ; Today Stock Market Continue to Rise

We provide you the Best Products ever for Market Magnify is Stocks Cash tips or Equity tips.No one know where it will go in intraday basis. Our tips analyst will give proper feedback on Nifty Future in the intraday market. We are having good track record in nifty and our clients are earning good money with this. For more info visit our site www.marketmagnify.com or just give Missed Call at 78-79-88-11-22. 

The Indian stock market is still holding its early gains. The Sensex is up 86.43 points or 0.3 percent at 26482.14, and the Nifty is up 24.55 points or 0.3 percent at 8133.40. About 1459 shares have advanced, 647 shares declined, and 125 shares are unchanged. Bharti Airtel, Hero MotoCorp, Cipla, SBI and L&T are top gainers while ICICI Bank, Coal India, Dr Reddy's Labs, Axis Bank and HDFC are losers in the Sensex. 

Gold futures fell by 0.21 percent to Rs 30,493 per 10 grams today as participants cut their bets amid a weak global trend. Besides, profit-booking by speculators weighed on gold prices.

Super 6 stock ideas to liven up your trade :-

•  Buy Cipla with a stoploss at Rs 475 and target of Rs 505 

• Sell Castrol India with a stoploss at Rs 381 and target of Rs 365 
• Buy Jet Airways for a target of Rs 595 with a stoploss of Rs 545. 
• Buy Wockhardt for a target of Rs 964 with a stoploss of Rs 901 
• Buy Ceat at its closing of around Rs 872, stoploss of Rs 868 and a target of Rs 880. 
• Buy HDFC at its closing of around Rs 1,199, stoploss of Rs 1,191 and target of Rs 1,215.

Stock Trading Tips with Currency Market News

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Rupee down 28 paise at 66.65 against US Dollar

The Indian rupee on Wednesday hit a three-week low against the US dollar and closed lower by 28 paise. The rupee slipped on fresh demand for the dollar from banks and importers. And weak Asian currencies also weighed on the rupee.

On the domestic front, RBI at the monetary policy review decided to cut the repo rate by 25bps to 6.5%, while reducing the minimum daily maintenance of CRR from 95% to 90%. The central bank has gradually lowered the average liquidity deficit in the system from 1% of NDTL to a position closer to neutrality.

Expert Stock Tips with BHEL Stock Price

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Bharat Heavy Electricals Limited (BHEL) has commissioned a seasonwise tiltable canal top solar PV plant at Bhimavaram in Andhra Pradesh. 

 

This is the first canal top project in Andhra Pradesh and also first such project executed by the company, the state-run power equipment maker said in a release.

BHEL Stock Price: On April 06, 2016, Bharat Heavy Electricals shut at Rs 114.00, up Rs 1.20, or 1.06 percent. The 52-week high of the share was Rs 289.85 and the 52-week low was Rs 90.40.  

The latest book value of the organization is Rs 139.26 per share. At current value, the price-to-book value of the organization was 0.82.

Stock Market Closing Bell: Nifty end flat

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Equity benchmarks finished level subsequent to seeing a 2 percent fall in past session. The Sensex rose 17.04 focuses to 24900.63 and the Nifty progressed 11.15 focuses to 7614.35. 

Around two shares progressed for each share declining on Bombay Stock Exchange.  

Infosys, ICICI Bank, Axis Bank and Adani Ports were greatest washouts on Sensex, down 1-2 percent while Tata Motors, Tata Steel, Hindalco Industries and Bharti Airtel picked up 1-6 percent.

Stock Trading Tips: Hindustan Zinc shares plunge 14%

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Shares of Hindustan Zinc fell 14 percent intraday Wednesday as the stock balanced for special dividend.

Board of directors of the organization, on March 30, announced special golden jubilee dividend of Rs 24 per share for the financial year 2015-16. Vedanta group organization had altered April 07 as record date for installment of second interim dividend. 

At 11:55 hours IST, the scrip of Hindustan Zinc was quoting at Rs 162.70, down Rs 24.35, or 13.02 percent on the BSE.