Friday, May 15, 2009

News Last trading day: Friday, 17 April

4:00 PM - Buy Reliance Communications with a target of Rs 235 and stop loss of Rs 224, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 218, up 0.3% on the BSE. » Send to friends3:55 PM - Buy Areva T&D with a target of Rs 250 in 12 months, says S Ranganathan of LKP Securities, on CNBC TV18. The stock is currently trading at Rs 218, up 2.6% on the BSE. » Send to friends3:50 PM - Next week sugar stocks could rally further as also PSU banks ahead of the credit policy, says Ashwani Gujral, technical analyst, on CNBC Awaaz. It is a buy on dips for select stocks and not the time to book all the profits, he adds. » Send to friends3:42 PM - The is a buy on dips market as long as Nifty maintains above 3240, says E Mathew, technical analyst, on CNBC TV18. There is lot of opportunity outside of the index stocks, he feels. Buy Axis Bank with a target of Rs 575-580, he adds. » Send to friends3:34 PM - It was a choppy session for the market today but it closed in the positive. Sensex closed at 11052, up 105 points (provisional) and Nifty at 3397, up 27 points (provisional) from the previous close. CNX Midcap index was up 1.84% and BSE Smallcap index was up 1.13%. The market breadth was positive with advances at 660 against declines of 576 on the NSE. » Send to friends

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