Watch Stock Market Live India News|Updates|Tips

Stock Picks for today 23 August :-

• IRB BUY ABV 126 TGT 129 SL 125
• JSWSL BUY ABV 730 TGT 740 SL 726(CMP 729)
• Buy HDFC Fut @ 733-734 SL: 730.
• BUY BANKINDIA @ 283-283.5 SL:279 TGTS: 290-292

Major Results Today:

Gillette India, Navneet Pub., P&G, Shree Cement.

News Update:

• A fall in thermal coal prices by 25% in the past few months has helped power generators in India to cut production costs
• The FM cleared a proposal to raise foreign direct investment limit in insurance and pension sectors to 49%.
• NPAs of PSU banks have gone up by nearly Rs110 bn to over Rs1.23 tn at June-end.
• BSNL and MTNL to reduce their workforce by 1,21,000 by offering VRS to staff will cost them over Rs174.45 bn.
•  7 Foreign banks have been given approval to open new branches in the country in 2012 till mid-August, 2012.
• IndiaInfoline is in talks with commodity exchange NMCE’s promoter to pick up part of his stake in the bourse.
• CairnIndia plans to invest $2bn over the next 2 years in oil & gas exploration and production both in India as well as abroad.
• Alstom India bagged a Rs7 bn contract to be implemented alongwith BHEL for supplying power equipment to Nuclear Power Corp.
• Transglobal Securities sold 74,52,261 of Kingfisher Airlines at Rs 9.98 apiece valuing the deal at over Rs74.4 mn.
• Jaypee Group has reached an understanding with CRH to sell 51% stake in its Gujarat cement facility for Rs 42 bn.
• AxisBank joined its larger peers like SBI and ICICI Bank to sell overseas dollar bonds, mopping up $250mn at a coupon of 5.13%
• Kamdhenu Ispat is in talks with PE firms to raise Rs1bn for setting up a plant to produce raw material for paints & WC needs.
• Vedanta Group may spend Rs216bn; 25% more than planned for buying Government's remaining stakes in HindustanZinc & Balco
• Ranbaxy Laboratories has withdrawn 27 drugs from the US market due to commercial reasons.

You can fill the form here on the blog to get free tips on your mobile for next week 27 August - 31st August 2012 and for Tomorrow too 24 August 2012..... Have a Happy Trade!!! :)

Market Updates-Stocks to buy free

Free Stock Market Today and Tomorrow Thursday 23 August 2012, Market Updates Tomorrow and Indian Stocks|Share Tips for Tomorrow 23 August 2012 for FREE, Nifty Trend, Nifty tips, Cash market tips, Nifty outlook, Nifty Technical View Free, NSE Tips Free, Nifty Tips Free tomorrow 23 August 2012, Bank Nifty tips tomorrow, Get unique and accurate stock Market trading tips for Free for Today and Tomorrow on your Mobile, F&O Tips :-

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Indian Stock Market traded on a short note as recommended in the morning pre-market session and closed with moderate declines. Today them market traded very low and the worst performers were realty and power. Not only Indian stocks but European shares always have a fall today. 

* The Sensex ended at 17,846, down by 38 points or 0.2% over the previous close. It had earlier touched a day’s high of 17,912 and a day’s low of 17,800. It opened at 17,827. Nifty shut shop at 5413, down 8 points or 0.2%. It touched a day’s low of 5,395 and a day’s high of 5,433.

Losers today : Bharti Airtel, IDFC, Sesa Goa, NTPC, Sterlite Industries, PNB, Tata Power, HDFC and RIL.

Top Gainers : Ranbaxy, BPCL, BOB, Infosys, Dr Reddy’s, Coal India and Kotak Mahindra Bank.

Intraday Trading Tips 23 August :-

• Hold United Spirits with a stop loss of Rs 880
• Buy NMDC for 15-20% gains in 6-8 months
• Buy United Spirits at Rs 920-930 with a 1-3 month target of Rs 1050-1060 and stop loss of Rs 890
• Buy BHEL with a target of Rs 260 and stop loss of Rs 222.40
• Sell HDIL with a target of Rs 70 and stop loss of Rs 86

BULLISH STOCKS TO TRADE IN THURSDAY 23 August:-

RANBAXY DCHL INFY CAIRN LUPIN JINDALSTEL TULIP REDINGTON JKTYRE BANKBARODA COALINDIA INDIACEM KOTAKBANK KTKBANK HAVELLS POWERGRID BANKINDIA SREINFRA VAKRANSOFT LT HCLTECH ACC GITANJALI INDHOTEL DENABANK BAJAJ-AUTO AMTEKINDIA HINDPETRO ITC BATAINDIA HDFCBANK TATAMOTORS INDUSINDBK TIMKEN WIPRO IOC BPCL HEXAWARE DABUR L&TFH BALLARPUR UCOBANK ICICIBANK TTML PIPAVAVDOC 
Bearish Stocks for Tomorrow 23 August:-

ASSAMCO APTECHT MOSERBAER SUBEX BINDALAGRO SELMCL REIAGROLTD GUJNRECOKE MIC TATACOMM FORTIS BHARTIARTL PRADIP HINDZINC EXIDEIND VIJAYABANK ORBITCORP GLENMARK PATELENG MARICO PNB PFC NTPC TATACHEM USHAMART LICHSGFIN PRAJIND MARUTI SESAGOA INDIANB KRBL ABAN RELIANCE HINDUNILVR TRIVENI MCLEODRUSS IDFC UNITEDBNK PUNJLLOYD JSWENERGY BHARATFORG BAJAJHIND ALBK SUNPHARMA RIIL APPAPER ICSA IDBI STER DCB 

More Tips will be updated soon..... for Tomorrow's Trading session that is on Thursday live market 23 August 2012....

Till then get light weighted by Financial Jokes

Banks closed for 2 Days : News Update

Banking services hit as employees go on 2-day strike

Over 10,000 bank employees will hold a rally at Azad Maidan Wednesday afternoon in support of their demands.

Banking activities were hit in all state run and some private banks as bank employees participated in the Aug 22-23 strike called by United Forum of Bank Unions to protest against various issues, reports said.

UFBU represents nearly 10 lakh bank employees and officers working the public sector banks, private sector banks, foreign banks, regional rural banks and co-operative banks.

Over a million employees and officers of 27 public sector banks, 12 old generation private banks and eight foreign banks were participating in the strike, reports said.

Among the operations hit were normal in-house across the counter services for ordinary customers, foreign exchange transactions, export-import and local bills, clearing of all types of cheques, bank lockers operations, capital markets and other activities carried out through banks.

Over 10,000 bank employees will hold a rally at Azad Maidan Wednesday afternoon in support of their demands, reports said citing secretary of the All India Bank Employees Association, Vishwas Utagi.

The union is mainly opposed to the Government’s proposal of increasing the voting rights to 10% from 1% for public sector banks and to 26% from 10% for private sector banks, reports said citing an official of a public sector bank representing the officer’s association.

“The proposed banking law amendments proposing to adversely amend the Banking Regulation Act, 1949, and Banking Companies' Acquisition & Transfer of Undertakings Act, aimed at merger of banks, allowing private and foreign capital in banks, unrestricted voting rights and granting licences to corporate business houses to start new banks, are aimed at handing over the Indian private sector banking to multi-national banks and increasing the presence of Indian corporate and foreign direct investment in public sector banks,” reports said earlier citing Utagi.

The outcome of these proposed measures would be closure of rural bank branches, resorting to a large number of ultra-small branches, thereby privatising rural banking operations through contractual businesses, he said.

Despite the protests, the Lok Sabha will take up amendments in the Banking Regulation Act for consideration and passage on Wednesday.

The union is also opposed to unfriendly work hours and certain recommendations of the Khandelwal Committee which bypasses the employee unions regarding HR matters. The union has also demanded a five-day working week as is followed in other services industries including insurance, stock markets, foreign exchange markets, among others.

SOURCE : Indiainfoline.com 

Indian Stock Market Tips|Strategies Today Free

Today's Stock Market openingwas on a short note. Both BSE and NSE opened on the same note and gives the signal for the short positions. It seems that market may gain somewhat in the noon trading session, but its not sure as the Asia market as a whole opened on the same note. If we talk about Nifty Today, then it needs to trade above 5404 for sentiments to be positive. The support resistance and rangefor trading in Nifty and various Stocksare as follows :-

Indian rupee opens at 55.45/$ versus 55.56/$

Nifty Supports :-

5384 and 5347 with hurdles at 5441 and 5461.

Bank Nifty Trading Levels :

Pivot-10436,S1-10387 S2-10305, S3-10257,R1-10518,R2-10567,R3-10649.

Nifty Futures 

Target : 5600-5630 ; stop loss : 5341

World Market Updates:-

The US Markets last closed negative. 

• DowJones was at 13,204, down 0.5%; Nasdaq at 3,067, down 0.3% and S&P at 1,413, down 0.3%

The European Markets closed positive. 

• FTSE was at 5,858, up 0.6%; CAC at 3,513, up 0.9% and DAX at 7,089, up 0.8%.

STOCK MARKET TOMORROW 23 AUGUST 2012 | WORLD STOCK MARKET TOMORROW | LIVE STOCK MARKET, Upcoming IPO News & Analysis, Equity market tips, Nifty Future Tips India, Equity Tips provider, Equity Tips, day trading recommendations, day trading, intraday, day trading tips, stock market advice free tomorrow 23 August 2012 ------>> Fill the form here placed on the left side of the blog

Intraday Trading Stock Tips Free 21 August

Free Stock Market Today and Tomorrow Tuesday 21 August 2012, Market Updates Today and Indian Stock|Share Tips for Tomorrow 21 August 2012 for FREE, Nifty Trend tomorrow 21 August, Nifty tips, Cash market tips, Nifty outlook tomorrow, Nifty Technical View for Tomorrow Free, NSE Tips Free, Nifty Tips Free tomorrow 21 August 2012, Bank Nifty tips tomorrow, Get unique and accurate stock Market trading tips for Free for Today and Tomorrow, F&O Tips :-

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Indian Stock Market traded very confusing today, In the morning trading session it was seen that the market would gain significantly after making each high, but it had showed all the opposite conditions and fall again loosing all the morning session gains and closed flat today. Again if we talk about the whole week trading Stock Market today closed with the moderate gains, with all sectoral indices closed in green according to whole week data.

FMCG, IT, auto and consumer durables were the biggest gainers where as on the other hand Metals and realty pulled indices down and were losers for today's trading session.

Sensex closed at 17691, up 34 points from its previous close, and the Nifty shut shop at 5366, up 3 points. The CNX Midcap index was down 0.1% while the BSE Smallcap index also gained 0.02% in today's trade.

Intraday Trading Tips 21 August :-

• Buy Adani Port on declines
• Buy Shriram Transport above Rs 605 with a target of Rs 670-675 and stop loss of Rs 590
• Buy Cairn India above Rs 342-345 with a target of Rs 375
• Buy Delta Corp with a target of Rs 68.50 and stop loss of Rs 62
• Sell JSW Steel with a target of Rs 690 and stop loss of Rs 735

LONG TERM TIPS :-

• Triveni Engineering and Balrampur Chini are good stocks to invest in for 3 months
• Hexaware, KPIT Cummins, Geometric and RS Software are good stocks to invest in for 8 months,

BULLISH STOCKS TO TRADE IN TUESDAY 21 August:-

REDINGTON TATAMTRDVR WIPRO BAJAJ-AUTO INFY ITC LUPIN BAJAJHIND DELTACORP ABAN MAX WOCKPHARMA HINDUNILVR HEROMOTOCO TATACHEM RENUKA GITANJALI DRREDDY POLARIS TCS IDEA RADICO HINDZINC ESCORTS RANBAXY HINDPETRO KOTAKBANK DABUR ICICIBANK GODREJCP SBIN PFC JPASSOCIAT APOLLOTYRE BHARTIARTL CUMMINSIND 
Bearish Stocks for Tomorrow 21 August:-

3IINFOTECH SELMCL TTML BEML EDELWEISS UNIONBANK NHPC AMAR PTC HAVELLS JKLAKSHMI L&TFH ONELIFECAP ERAINFRA INDIABULLS TATACOMM IVRCLINFRA ADANIPOWER SAIL PRAKASH WELCORP SUNPHARMA BALLARPUR HDFCBANK MASTEK GSPL PRAJIND HCC PUNJLLOYD COALINDIA DHANBANK BHARATFORG LOVABLE LT VIPIND GRAVITA MUTHOOTFIN HDFC UFLEX IDFC 

More Tips will be updated soon..... for next Trading session that is on Tuesday live market....

Till then get light weighted by Financial Jokes

Tata Motors and Reliance Latest Updates Live

Tata Motors rising up with the fall of Reliance shares :-

Shares in Tata Motors rise 3 percent a day after the auto maker said its global vehicle sales, including for luxury unit Jaguar Land Rover, rose 21 percent in July from a year ago. while on other hand Shares in Reliance Power(RPOL.NS) fell more than 6 percent on Friday after the CAG said the company unduly benefited from a government decision allowing the power producer to use surplus coal from its captive block for another project it was not meant for. 

Global sales were in-line with analyst estimates: Land Rover volumes grew by 55 percent from a year, thanks to strong volumes for its Evoque model, though Jaguar is failing to revive sales, a domestic analyst says.

Analyst are more optimistic of a boost in sales for Land Rover due to improved supplies of its Evoque and Freelander models after the company recently announced increased production shifts at its U.K. plant.

Reliance Power, controlled by billionaire Anil Ambani, is developing a 4000 MW project at Sasan in Madhya Pradesh and was allotted captive blocks to fuel this project. The company later received government approval to use coal from these blocks for another power project being developed by the company.

source : in.reuters

You can fill the form here on the blog to get free tips on your mobile for next week 21 August - 24th August 2012 and for Monday too 21 August 2012..... Have a Happy Trade!!! :)

Market Updates|Reviews with Stocks to Buy Tomorrow

Free Stock Market Today and Tomorrow Friday 17 August 2012, Market Updates Today and Indian Stock|Share Tips for Tomorrow 17 August 2012 for FREE, Nifty Trend tomorrow 17 August, Nifty tips, Cash market tips, Nifty outlook tomorrow, Nifty Technical View for Tomorrow Free, NSE Tips Free, Nifty Tips Free tomorrow 17 August 2012, Bank Nifty tips tomorrow, Get unique and accurate stock Market trading tips for Free for Today and Tomorrow, F&O Tips :-

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 Indian Stock Market traded in a narrow range today, in the opening bell morning trading session the stock market opened with some gains and seemed, trying to gain more.. but it again traded in the narrow range and hence closed with moderate declines in the closing bell trading session. FMCG, metal, consumer durables and banking losses today while on the other hand capital goods, oil & gas and auto gained significantly. The Sensex closed at 17657, down 71 points from its previous close, and the Nifty shut shop at 5363, down 17 points. The CNX Midcap index was down 0.2% while the BSE Smallcap index also gained 0.3%

Intraday Trading Tips 17 August :-

TCS bought CRL, a Pune based company for Rs 188 crore

Buy SBI with a 1-year target of Rs 3100

Buy EIL with a 1-year target of Rs 305

Buy Dishman Pharma with a target of Rs 140-160

BULLISH STOCKS TO TRADE IN FRIDAY 17 August:-

REDINGTON ASSAMCO VAKRANSOFT IBSEC UBL WOCKPHARMA LT COALINDIA BIOCON HCLTECH CROMPGREAV L&TFH MAX IDFC RALLIS HINDUNILVR EDELWEISS CAIRN PIPAVAVDOC HEIDELBERG GITANJALI FINANTECH M&M JSWSTEEL TATAMTRDVR HAVELLS DELTACORP HEROMOTOCO DCB DISHTV DISHMAN AXISBANK VGUARD POLARIS RELIANCE ANDHRABANK IDBI LOVABLE INDIAINFO 
Bearish Stocks for Tomorrow 17 August:-

PRADIP KTKBANK LITL GUJNRECOKE SOUTHBANK JYOTISTRUC RADICO UFLEX INDIACEM RUCHISOYA SBIN BATAINDIA PETRONET BHARTIARTL TATASTEEL UNIPHOS ONGC UNITEDBNK BGRENERGY DLF PRAJIND RELINFRA RPOWER TITAN SAIL ACC CHAMBLFERT VIDEOIND TATAGLOBAL RCF ESSAROIL RECLTD 

More Tips will be updated soon..... for tomorrow live market trading session....

Till then get light weighted by Financial Jokes