Indian Stock Trading News; Share Market Tips Recommendations

Nifty hovers around 8550; ICICI & HDFC lead :-

The Indian stock market continued to consolidate in noon trade with the Nifty hovering around the 8,550 mark supported by Pharma and banking stocks. The broader markets were in-line with the front liners.

Shares of ICICI Bank, HDFC and Mahindra & Mahindra gained more than 1 percent while L&T, ONGC, NTPC, GAIL, Coal India and BHEL declined 1-2.5 percent. Sun Pharma rallied 2 percent ahead of a press meet today. Most likely the company may highlight the regulatory nods for merger with Ranbaxy. The stock has been active since CCI gave its nod for the Sun-Ranbaxy merger.
Globally, Asian intraday markets fell on the back of an uninspiring lead from Wall Street. Shanghai took a breather, down 1 percent after a 10-day winning streak. The S&P BSE Sensex came off from its intraday high of 28249.60, and was trading in a range with a positive bias, amid mixed trend seen in other Asian markets. The rally in the index was led by gains in Infosys, Sun Pharma, Tata Motors and TCS.

CapitalHeight have launched the Intraday Trading Tips especially for those people who prefer to do trade in huge amounts and multiple lots.We provide all services through SMS and Instant Messenger. For More Info visit at www.capitalheight.com/services.php   or please call at +91 9993066624, 0731 - 6615050.

Indian Stock Market Tips; Today Sensex, Nifty volatile

The Indian stock market continued to be range bound. The Sensex rose 29.02 points to 28290.10 and the Nifty advanced 5.25 points to 8576.15. However, the broader markets underperformed, falling marginally. Declining shares outnumbered advancing ones by a ratio of 1449 to 866 on the Bombay Stock Exchange.

Tata Motors gained 1 percent. The company has a board meeting on March 25 to consider details terms of proposed rights issue which is of up to Rs 7,500 crore. The company will also consider a buyback of secured NCDs with face value of Rs 1,250 crore. Globally markets remained firm with the Nikkei and Shanghai Composite sitting at fresh highs. Brent crude hovered around USD 55 per barrel.
The share market remained volatile with the Nifty moving in a range of 8550-8600. Telecom, oil, FMCG, Pharma and select private banks gained. The Sensex rose 54.85 points to 28315.93 and the Nifty advanced 7.75 points to 8578.65. However, the broader markets underperformed benchmarks with the BSE Midcap and Small cap indices falling 0.4 percent each. About 745 shares have advanced, 1124 shares declined, and 134 shares are unchanged on the BSE.
=================================================

Money CapitalHeight Research Investment Advisers Pvt. Ltd. is an ISO 9001-2008 registered one of the leading Stock Advisory Company in Stock and Commodity Market. Our strong hold in providing the most accurate Tips makes us stand apart from our competitors. For 2 Days Free Trial on Indian Stock Market Tips, Day trading tips, Intraday Trading tips, Mcx and Commodity tips, please visit our site at www.capitalheight.com/services.php or Call at 0731-6615050, 9993066624.