Tuesday 26 April 2016
Today
morning market opened on a week cue, the S&P BSE Sensex fall 108
points trading at 25,571 and the Nifty50 was down by 28 trading at
7,827.
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STOCKS IN FOCUS FOR THE DAY :
ITC
fell by 1.2% reporting that government is working on a proposal to completely
ban FDI in the tobacco division. In other cigarette creators, Godfrey Philips India, VST and Golden
Tobacco Industries went down by
3%-12% each.
Sun
Pharma declined about 1%. India's biggest pharmaceutical
organization Sun Pharmaceuticals on
Monday went into an open private association (PPP) with the Union and Madhya
Pradesh governments.
Axis Bank and Maruti Suzuki down by
0.3%-0.9% each, other failures incude ICICI Bank and HDFC .
Hindalco is
the top Sensex gainer up more than
2%.
WORLD-WIDE MARKETS VIEWS :
Singapore's
Straits Times, China's Shanghai Composite, Japan's Nikkei and Hong Kong's Hang Seng have lost between
0.1%-1.3%.
Oil costs fall in the wake of encouraging to five-month
highs a week ago, as information demonstrated to new US rough forms.
TRADING CALLS FOR THE DAY :
Bharat Forge: Sell ,
Target
Rs 740 , Stoploss Rs 840
Petronet LNG : Buy ,
Target
Rs 280 , Stoploss Rs 254
UltraTech Cement : Buy ,
Target
Rs 3326 , Stoploss Rs 3240
Pidilite : Buy
Target
Rs 615 , Stoploss Rs 608
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