Friday, May 15, 2009

News Last trading day: Friday, 17 April

2:05 PM - The market is looking good. Sensex is trading at 11284, up 337 points and Nifty is at 3469, up 100 points from the previous close. CNX Midcap index is up 2.99% and BSE Smallcap index is up 2.70%. The market breadth is positive with advances at 894 against declines of 324 on the NSE. » Send to friends1:56 PM - Hold IFCI with a target of Rs 28 and keep a stop loss of Rs 22, says Rajesh Jain of SMC Global Securities, on Zee Business.The stock is currently trading at Rs 24, up 3.3% on the BSE. » Send to friends1:50 PM - Buy HDIL on dips with a target of Rs 156-180 and keep a stop loss of Rs 120, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 135, up 8.7% on the BSE. » Send to friends1:42 PM - SMC Global maintains a buy call on ITC with a target of Rs 225 and stop loss of Rs 179, reports CNBC Awaaz. The stock is currently trading at Rs 191, down 0.23% on the BSE. » Send to friends1:37 PM - Sell RIL with a target of Rs 1650 and stop loss of Rs 1850, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 1763, up 1.5% on the BSE. » Send to friends1:31 PM - Hold IDFC with a target of Rs 75 after which it can show fresh upmove and keep a stop loss of Rs 58, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 66, up 1.9% on the BSE. » Send to friends1:23 PM - Buy PFC with a target of Rs 185 and stop loss of Rs 100, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 156, up 8.2% on the BSE. » Send to friends1:15 PM - There is an improvement in risk appetite in Asia, says Pratik Gupta of Deutsche Bank on CNBC TV18. There are no domestic triggers for the Indian market, but global cues will drive the market higher, he feels. In the near term, the market is likely to move in a range and unlikely to go back to the lows, he adds. » Send to friends1:07 PM - The Asian markets closed mixed while European markets have opened firm. Our market is seeing strong gains aided by buying in real estate, banking and metal stocks. Sensex is trading at 11172, up 225 points and Nifty is at 3434, up 65 points from the previous close. CNX Midcap index is up 2.63% and BSE Smallcap index is up 2.35%. The market breadth is positive with advances at 905 against declines of 300 on the NSE. » Send to friends

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