Monday, May 20, 2013

Today Indian Equity Market Strategies - Equity Market News & Tips



Today Indian Market Strategy :

Market is expected to open on a positive note and likely to remain range bound during the day.The market opened on a positive note. The Sensex was up 28.47 points at 20314.59, and the Nifty gained 10.70 points to be at 6198.00. About 236 shares have advanced, 113 shares declined, and 37 shares are unchanged. The 30-share index ended at 20,274.89, up 27.56 points or 0.14 per cent. It touched a high of 20,328.19 and a low of 20,155.01 in trade.
Today Market Highlights :   
  • Nifty ended at 6187.30 up 17.40 points or 0.28 percentand the Sensex ended at 20286.12 up 38.79 points or 0.19 percent.
  • Hero Cycles to set up 2 new plants, invest Rs 200cr by    2014 
  • ITC beats street; Q4 net profit up 19% at Rs 1,928cr
  • COMPAT directs cement cos to pay 10% of Rs 6,307cr   penalty 
  • See traction in ad revenue; prices hiked by 19%: Sun TV
  • HPCL shuts CDU unit after fire at Visakhapatnam refinery
  • S&P affirms negative outlook on India
Today Equity Market Calls :

  • SELL ELDER PHARMA. (LTP- 320.40) BELOW 320 TG 312-305
  • BUY SBI (LTP-2424 ) ABOVE 2424 TG 2440-2460
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