Monday, March 24, 2014

Indian Stock Market Overview & Stock Market Tips



Latest Market Overview-
Indian markets settled with small gains after moving in a narrow range. On the sectoral front, metal, banks and IT were gainers. Tyre stocks jumped with Apollo Tyres, CEAT and MRF hitting record high. Nifty closed up by 10 pts to 6493, Sensex went up by 13 pts to 21753. European stocks edged higher in line with firm Asian stocks.
The Indian rupee opened higher at 60.84 per dollar on Monday, up 5 paise from Friday's closing value of 60.89 a dollar.
           Market re-rating should continue as we get closer to polls and investors get more confident of NDA win. PSUs look extremely attractive. NMDC, Power Grid and NTPC are our key picks,” he added.
         Nifty is likely to open gap up on the back of positive global cues. It is likely to trade in the range of 6490-6590.
Stock Market Tips-
·         BUY ASTRAZENECA PHARMA (LCP- 1133.5) ABOVE 1138 TG-1146-1155
·         BUY JSW STEEL (LCP 985.25) ABOVE 988 TG 994-1002
·         BUY MONSANTO (LCP 1485.3) ABOVE 1489 TG-1496-1596
·         BUY WYETH (LCP-784.8) ABOVE 787 TG-794-803
Visit our site www.capitalheight.com/stock-cash-plus-tips.php  for Live Intraday Stock Market Tips or Market News.

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