Stock Trading Tips - Nifty Trade
Above 7600
- Markets turn flat again. Sensex is down 28 points at 24,938, while the Nifty trades above the 7,600 mark. Buying is visible in metals, banks and auto stocks.
- Tata Motors is the top gainer in Nifty, up 2.6 per cent followed by Hindalco, Tata Steel, Maruti Suzuki and Bank of Baroda. ..
- Yes Bank shares are up 0.58 per cent. Bank of America Merill Lynch has maintained its "buy" on the stock with a target price of Rs 1,175, indicating a potential upside of 40 per cent from Monday's closing price.
- ARSS Infrastructure shares are up 0.8 per cent. In a release to Bombay Stock Exchange, the company said that it has bagged a work order amounting to Rs 109 crore in Odisha.
- IDBI Bank shares are up 1.1 per cent at Rs 69. Life Insurance Corporation (LIC) has nearly doubled its stake in the state-run lender from 7.21 per cent to 14 per cent.
- Sensex falls over 100 points to trade at 24,852 and the 50-share Nifty is down 26 points at 7,589. Lupin is the top loser in Nifty down 12.55 per cent followed by Cipla, Sun Pharma and Dr Reddy's Lab.
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