Market Watch

Tuesday 21 April 2015

Stock Trading Tips & Opening Bell




Sensex, Nifty flat; Sun Pharma tanks 11%, HCL Tech slips 7%

The market has opened in red once again. The Sensex is down 50.65 points at 27835.56, and the Nifty is down 26.55 points at 8421.55. About 369 shares have advanced, 263 shares declined, and 87 shares are unchanged.
Sun Pharma loses 9 percent while HCL Tech is also down 9 percent. Wipro, HDFC, Cipla and Tata Motors are major laggards. Coal India, BHEL, Tata Steel, Sesa Sterlite and Reliance are top gainers in the Sensex.
The Indian rupee continues to slide, opening lower by 23 paise at 63.14 per dollar against its previous close of 62.91. On Monday, the rupee touched a one-month low of 62.93 on back of possible demand for the US dollar by defense and oil marketing companies. The dollar rose broadly, with the euro sliding against the US currency, on growing concern that Greece may default on debts.
Stock Cash Tips for Today:
SELL BEML (LCP-1067.2) BELOW 1065 TG-1057-1048
SELL SYMPHONY (LCP 3008.7) BELOW 3005 TG-2990-2965
SELL AJANTA PHARMA (LCP-1423.25) BELOW 1420 TG-1411-1402
SELL WHEELS (LCP-1283.1) BELOW 1280 TG-1272-1261
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