Live Indian Stock Tips; Today Market Recommendations

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Today The Stock market continues its momentum boosted by Pharma, oil, banks and FMCG stocks. The Sensex is up 295.98 points or 1 percent at 27307.29 and the Nifty is up 91.25 points or 1 percent at 8272.75. About 1645 shares have advanced, 523 shares declined, and 119 shares are unchanged. ONGC and Cipla are up 4 percent while Hindalco, M&M and Bajaj Auto are top gainers in the Sensex. Among the losers are Tata Motors, Bharti Airtel, L&T and Wipro.
Shares of ONGC and Oil India rose 4-5 percent intraday as the government has decided to scarp fuel subsidy-sharing. Chris Wood, CLSA said Greed & Fear is going to make some small adjustments in the Asia Pacific (ex-Japan) relative-return portfolio this week. The market remained strong in morning trade, rising over a percent led by short covering in banking & financials, FMCG, healthcare, select auto and oil stocks.
The Sensex climbed 284.54 points to 27295.85 and the Nifty jumped 79.45 points to 8260.95. Nearly four shares advanced for every share declining on the Bombay Stock Exchange. The BSE Midcap and Smallcap indices gained 0.5 percent and 1.2 percent, respectively. ONGC and Oil India gained 3.5-4 percent after finance ministry official said the government will bear entire fuel subsidy from now.

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The Indian Stock Market extended losses with the Sensex falling 116.97 points to 27618.05 and the Nifty losing 45.70 points to 8352.60, dragged by banking & financials, infrastructure and select auto stocks. The broader markets declined too, the BSE Midcap & Smallcap slipped 0.6-1 percent. About 590 shares have advanced, 1275 shares declined, and 121 shares are unchanged on the BSE.
Shares of HDFC, Infosys, Axis Bank, L&T, Maruti Suzuki, HUL, M&M, Cipla and Bajaj Auto dropped 1-2 percent followed by ICICI Bank and HDFC Bank with marginal loss. However, ITC and ONGC bucked the trend, rising over a percent. Oil prices on Friday edged down from 2015-highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments.
The Sensex fell 187.09 points to 27547.93 and the Nifty declined 63.55 points to 8334.75. About 589 shares have advanced, 1501 shares declined, and 126 shares are unchanged on the BSE. The market has extended losses on the back of intense selling pressure in realty, metal and banking shares. The BSE Sensex so far has plunged to a low of 27,517 and is now down 205 points at 27,529. Similarly, the NSE Nifty is now trading at day's low of 8,326 - down 72 points.

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In Indian Stock Equity benchmarks as well as broader markets extended losses in morning trade today, dragged by technology, auto, FMCG and HDFC group stocks. The Sensex fell 129.45 points to 28312.65 and the Nifty declined 43.20 points to 8562.80. The BSE Midcap and Smallcap indices fell 0.9 percent each. About 797 shares have advanced, 1104 shares declined, and 127 shares are unchanged on the BSE. Bids can be made for minimum 225 equity shares and in multiples of 225 equity shares thereafter.
The stock market as extended losses in the morning deals, owing to feeble US markets and as selling pressure continues in select index heavy-weights. The BSE Sensex tumbled to a fresh in intra-day low at 28,254, led by auto, realty, IT, FMCG, metal and capital goods shares. The BSE benchmark index has now slipped 168 points at 28,274.The NSE Nifty has slipped below 8,600-mark to hit a low of 8,547. The Nifty index is now down 50 point at 8,551.
Infosys topped the selling list on Sensex, down 2.6 percent followed by TCS, Tata Motors, Mahindra & Mahindra, Hero Motocorp, Coal India and Sesa Sterlite with 1-2 percent losses. Index heavyweight Reliance Industries declined 0.7 percent despite strong earnings in Q4 with the profit rising over 22 percent and gross refining margin at USD 10.1 a barrel. However, shares of Sun Pharma rebounded today with 2.6 percent upside. ICICI Bank, Dr Reddy's Labs, ONGC and Tata Steel gained 0.5-1 percent.