The Indian stock market is modestly higher this morning, with select bank, realty, oil, metal and automobile stocks moving up in opening trades. A few stocks from healthcare and power sectors too are up, although shares from information technology sector are somewhat sluggish despite strong results from Tata Consultancy Services and HCL Technologies.
The Indian stock market opened higher this morning, lifted by strong earnings reported by Infosys. Stocks, barring IT majors and a select few from the pharmaceuticals sector, tumbled on the Indian bourses this morning, on the back of a weak report on the country's industrial production in February.
While IT bellwether Infosys Limited's better than expected results for the quarter ended March 2014 and a reasonably good earnings forecast for financial year 2015 lifted stocks from the technology space, the data showing an unexpected drop in industrial output in February dragged down the broad market. Nifty Resistance & Support Levels For Today 15 April 14:-
support 1= 6723 support 2= 6703 support 3= 6685 resistance 1= 6796 resistance 2= 6815 resistance 3= 684
Free Stock Trading Tips/Calls For Today 15 April 14
BUY United Breweries with a target of Rs 875 and a stop loss of Rs 828. BUY Wipro with a target of Rs 595 and a stop loss of Rs 565. SELL Apollo Hospitals with a target of Rs 850 and a stop loss of Rs 900. SELL ONGC Ltd with a target of Rs 316 and a stop loss of Rs 324.
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Trading Tips For Today 15April 14
It's a weak start for the Indian stock market this morning, with
investors pressing sales at several counter, tracking global cues.
sell-off on Wall Street overnight that saw technology stocks plunge
sharply, and the resultant weakness in Asian markets set up a negative
start for stocks back home. Also, with the industrial output data for
February due later in the day, investors are mostly cautious in early
Hot Stocks To Trade Today:-
Gujarat Gas Company Limited, ALSTOM T&D, Ahmednagar Forgings Limited, V.S.T Tillers Tractors Limited, Deep Industries Limited, Adani Enterprises Limited, Reliance Infrastructure Limited, Adani Ports and Special Economic Zone Limited, Crompton Greaves Limited, Voltas Limited, NMDC Limited, SRF Limited, NCC Limited, Bharat Forge Limited, Praj Industries Limited, Mahindra Ugine Steel Company Limited, Eicher Motors Limited, Liberty Shoes Limited, Pidilite Industries Limited, Just Dial Limited, INOX Leisure Limited, Apar Industries Limited, MCX India, Jet Airways, BEML, Essar Oil, Indiabulls Housing Finance, Man Industries, DCB
Free Stock Trading Tips/Calls For Today 11 April 14
SELL Dr Reddy’s Laboratories Ltd with a target of Rs 2,490 and a stop loss of Rs 2,580.
BUY City Union Bank with a target of Rs 60 and a stop loss of Rs 53.50.
BUY Gujarat Narmada Valley Ltd with a target of Rs 90 and a stop loss of Rs 79.
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Trading Tips For Today 11April 14