Thursday Morning Market Updates- 5 July 2012

Sensex And Nifty Updates

On Wednesday, although Sensex and Nifty opened on a positive node in early trade, it ended RED. Today Thursday Morning Both Sensex and Nifty opened Flat. Sensex trading 3.76 points down at 17459.05 or -0.02% and NIFTY down by 1.90 points trading at 5300.65 or -0.04%. 

The Bombay Stock Exchange’s small cap index trading at 6772.58 up by 46.03 points or say 0.68% from the previous close. The National Stock Exchange’s Nifty shut shop at 5,302.55, up 14.60 points or 0.28 %.

The rupee fell in opening trade today. Rupee closed at 54.48/49 on Wednesday and is presently at 54.98/00.

Here are the intraday tips/recommendations by our research analysts are:

1) Apollo Tyres Ltd : ‘SELL’ call with a target of Rs 72 and a stop loss of Rs 78.60

2) ONGC: 'SELL' with a target of 270 and a stop loss of 293.4.

3) JSPL: 'BUY' with a target of 500 and a stop loss of 449.4.

4) Indian Bank: ‘BUY’ call with a target of Rs 196 and a stop loss of Rs 184.

For free stock tips or commodity tips, Register Here for Free !!!

Sensex Nifty High, Rupee Weakens- 4 July 2012

The 30 share, BSE benchmark, Sensex opened Green today, Wednesday, 4 July 2012. On Tuesday it gained, 26.73 points and closed at 17,425. In the 30-share Sensex pack, 16 stocks gained. The top gainer iss Bharti Airtel which is up by by 3.11 percent.

The 50 share NSE benchmark, NIFTY, also opened positive by 0.3 percent at 5,304.80. On Tuesday it closed at 5,288. The HOT stocks to watch today, and the tops gainers of today are: ITC, ICICI Bank, and HDFC Bank.


Currency Updates:

Rupee Updates for Today

The rupee today weadnesday, 4 July 2012 opened at 54.35 to the dollar. On Tuesday the Rupee turned to be Asia's best performing currency on 5 day basis, bullish on the Indian unit with calls coming in for rupee to further gain up to 54-52 levels. It closed at 54.36/37 on Tuesday. On Monday 2 July, the rupee strengthened for the third straight session.

 

'BUY' or 'SELL' ideas for Today:

1. 'Buy'  Hindustan Zinc with a stoploss of Rs 121 for a target of Rs 135.
2. 'Buy'  Biocon with a stoploss of Rs 237 with a target of Rs 252.
   
3. 'Buy'  Voltas with a stoploss of Rs 108 for a target of Rs 123.
   
4. Apollo Tyres Ltd is a ‘SELL’ call with a target of Rs 75 and a stop loss of Rs 78.50.
   
   
   
   For any further tips/recommendations or guidance regarding share market, commodity market(MCX Gold, MCXSilver , MCX Copper, Crude MCX etc), you can mail to: stocktips247@gmail.com or
   simply Subscribe us here and we'll get to you soon !!!

JULY Market Outlook, Monday Market News !!!

Our stock market has been enlisted as the "Second Largest number of Companies" as compared to the United States of America(USA). In this technical market, our stock market too is benefiting from it. Globalization has also added the stock market to gather international investors to put in their saving in the country and reap advantages of its increasing growth.

Since, with rise in technology, Investing in Stock market has become every man's to-do-list, I recommend, everyone to take little precautions in every investment they are making.
Some important points to be noted before investing are:

1. As an investor you must avoid investing in large amounts. It's to be on the safer side in case the market crashes.
2. Make sure you have got knowledge about the shares you going to invest.

3. If any share is falling beyond imagination, it's better to sell out that share !!!

4. One should have lots of patience when trading. Even the most experienced traders can face losses and a new trader can get lucky too !!!

5. Last but not the least, DON'T TRUST anyone WHO IS NEW in this field !!! That's why we are having financial advisory firms only for you people. So, make a good market research and then take guidance from them !!!
In my next blog I would be coming up with new financial tips or some news. Till Then
Stay Happy, Stay Wealthy...
For any help or guidance related to stock market or commodity market from us, you can any subscribe us, in the form given in the right hand side of this blog !!!
And don't forget to LIKE US on Facebook, so that we can approach you anywhere, anytime !!!