Intraday Stock Cash Tips
BUY REPRO (LCP-531.15) ABOVE 538 TG-543-550
BUY ARROW COATED (LCP 654.15) ABOVE 660 TG-666-674
BUY GODFREY (LCP-1010.15) ABOVE 1017 TG-1025-1035
BUY NIITTECH (LCP 561.05) ABOVE 565 TG-570-577
Indian shares may open without firm direction Tuesday, following a mildly positive close on Wall Street overnight and amid mixed trading in Asia.
At the time of writing, the SGX Nifty was trading unchanged at 8,271. Sentiment is mixed for equities at this point with China's 6.9 percent quarterly growth coming ahead of estimates yesterday but a fall in crude prices and mining stocks indicates worries over the health of the global economy persist. Closer home, internals of the market have been strong, after it gained for the third day yesterday, closing at a two-month high.
The Nifty has now crossed 10 percent from the September lows of 7,540, and traders say that after crossing the key 8,210-8,250 range, it may now meet resistance only at 8,400-8,450.
- Indian mkts ended upside. Nifty and Sensex up by 0.45% and 0.55%
- Asia Pacific market mixed. Nikkei down by 0.89% & Hang Seng up by 0.04%.
- Wall St. up USD Unemployment claims down to 255K. Dow future dwn by 12 pts.
Indian indices remained volatile and closed on positive note amid global cues. On sectorial front all major indices traded mixed, Media, Energy, Pharma, Realty and FMCG were up while banking and Metal traded downside. Sensex was up by 150 points at 27364 & Nifty down by 36 points to settle at 8275 level. European markets traded bullish.
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