The Nifty extended its winning streak for third consecutive session and closed above 8,500 for the first time ever. Technology, metals and banks were the top sectoral gainers while oil & gas, pharmaceuticals and FMCG led the losers pack.
Zinc fell more than 1 percent and trading around Rs 1030.
Lead broke 0.76 and trading at Rs 124.
Gold fell more than 4 percent and trading below Rs 3500.
Crude oil also fell.
Crude palm oil prices dropped by 1.5 percent.
Sensex rose 7.89 points and trading at 26789.33.
Intraday nifty tips free
Nifty is down 10.60 points and trading at 8057.00.
Metal shares are up by 1 percent led by Sesa Sterlite and Tata Steel.
SBI and ONGC rose by 2-3 percent each.
ITC fell by 3 percent.
Today Indian stock market opened with a fall. Auto, Power, bank and metal stocks have selling pressure on the market. Midcap and Smallcap stocks are also moving dull.However FMCG, Pharma and IT stocks have buying trends.
Currently, the 30-share BSE Sensex index fell marginally by 25 points and is trading at a level of 26,412. The NSE 50-share Nifty index fell 9 points to 7900 level.
The market continues to boom again and it seems to touch new heights. Nifty and Sensex crossed 7950 and 26600 respectively.Due to buying in IT, technology, banks and pharma stocks , the market moved faster. However, there is selling pressure in metal stocks. Midcap and Smallcap stocks continued the trend of buying.
Currently, the 30-share BSE Sensex index gained 193.5 points, ie 0.75 per cent at a level of 26,613. The NSE 50-share Nifty index gained 45 points, ie, 0.6 per cent is trading at 7958 levels.
Crude oil climbed 0.5 percent and trading at Rs 2960.
Natural gas moved up with a gain of 4 percent and trading at Rs 186.6 .
Gold fell 0.1 percent trades at Rs 27950.
Silver broke 0.25 percent to Rs 39850.
Copper has some pressure.
Nickel traded with a gain of 1 percent at Rs 930.
Lead is declined.
Inflation, as measured by the wholesale price index (WPI), fell to a steep -2.06 percent, marking the fourth straight month of deflating prices. WPI inflation for December was revised lower from 0.11 percent to -0.5 percent. The February contraction was led by a monthon-month decline in all three broad groups that make up the index. Primary articles (index weightage: 20.11 percent) were down 1.9 percent, fuel & power (weightage: 14.91 percent) fell 4.43 percent, while manufactured products (weight: 64.97 percent) were down 0.26 percent.
For full Market story visit: http://mcxtips-stocktips.blogspot.in/2015/03/intraday-stock-to-buy-sell-for-today.html
Equity benchmarks continued to consolidate amid selling pressure with the Sensex falling 43.11 points to 25518.05 and the Nifty slipping 18.90 points to 7621.55. The broader markets declined too, down 0.4 percent.
On morning at 11:10 am, the Sensex fell 27 points to 25,534 and Nifty fell 6 points to be at 7635 level.
Karnataka Bank is a 'BUY' call with a target of Rs 148 and a stop loss of Rs 128
Eid Parry Ltd is a 'SELL' call with a target of Rs 2225 and a stop loss of Rs 240share tips tomorrow
Alstom India Ltd is a 'SELL' call with a target of Rs 530 and a stop loss of Rs 575
Indian benchmark indices rose for a second consecutive session on Wednesday as bluechips climbed on hopes that Delhi election defeat may prompt faster reforms by the Modi government through the upcoming federal budget. Sensex was up 178.4 points or 0.6% at 28534.0, while Nifty was up 61.9 points or 0.7% at 8627.4.
Midcap and smallcap stocks have selling pressure.
BSE midcap index fell 0.25 percent and smallcap index weakened by 0.5 percent.
Banking, IT and metal stocks have selling trend.
BSE's banking and IT has declined by 1 percent.
Capital goods stocks have buying trend.
Sensex fell 241 points or 0.9 per cent and is trading at 27871.
Nifty fell 61 points or 0.7 percent and is trading at 8470.
bullion tips & updates : Gold steadied after a 5-day slide, but continued to languish about its lowest in last 4 weeks, hurt by fears of a US rate increase current year & investor outflows. The metal tumbled to $1,114.10 on yesterday, the lowest since Oct 2. US(United States) gold futures also slid to a one-month low of $1,113.60 in the previous session.
Bullion tips & updates : Gold futures closed lower in the native market on yesterday as investors and speculators quit their positions in the precious metal as Fed Chair Janet Yellen's remarks overnight in which she signaled that a December interest rate hike was a "live possibility" weighed on the yellow metal which becomes less attractive in a rising interest rate scenario.
Bullion tips for today, Gold rose as investors sought safety in the metal following Friday's past week deadly attacks in Paris and a risk-off sentiment that sent United States stock futures lower.
Today, Shares of telecom operators were little changed in early trade after the Mukesh Ambani -led Reliance Jio Infocomm launched its much-awaited 4G service on yesterday, setting the stage for intense competition in the burgeoning $50 billion local telecom industry.
Jeera Jan NCDEX: Short covering rally is on progress and may see downside towards 14000 before recommencing the next leg of corrective selloffs towards 14400/14200 levels. On the other side, any direct rise above 14800 could see short covering rallies towards 15000 levels.
Read more here- http://www.pinnaclefinancial.in/blog/ncdex-calls-today-intraday/