Stock Market summary

1:40 PM – The market structure is weak and one should be cautious and reduce long positions, says Sudhanshu Pandey of FRR Shares and Securities on NDTV Profit. Technically, Nifty is in an oversold zone, he adds. Be willing to play on the short side at higher levels, he advises.   »  Send to friends
1:33 PM – Go short in Ajmera Realty with a target of Rs 116-115 and stop loss of Rs 124.50, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 118.90, down 1.2% on the BSE.   »  Send to friends
1:27 PM – Buy Mahindra & Mahindra with a 1-2 day target of Rs 765 and stop loss of Rs 726, says Jatinder Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 740, down 0.04% on the BSE.   »  Send to friends
1:20 PM – Buy Swaraj Engines with a 10-12 month target of Rs 550, says SP Tulsian, market analyst, on CNBC TV18. The stock is currently trading at Rs 457, up 1.5% on the BSE.   »  Send to friends
1:15 PM – Buy Bata India with a target of Rs 750 and stop loss of Rs 670, says Parag Doctor of Motilal Oswal Securities on CNBC TV18. The stock is currently trading at Rs 703.50, up 0.9% on the BSE.   »  Send to friends
1:09 PM – Hold Orchid Chemicals August Futures with a 2-3 month target of Rs 230-235 but in the very short term, exit, says Shardul Kulkarni of Angel Broking on CNBC Awaaz. The stock is currently trading at Rs 204, up 2.9% on the BSE.   »  Send to friends
1:04 PM – Europe has opened in the red and is trading lower while Asia closed up soft. The Indian market is looking sluggish at this hour with the ADAG pack dragging it down though some support is provided by technology and commodities. Sensex is at 16922, up 83 points from its previous close, and Nifty is at 5094, up 21 points. CNX Midcap index is down 0.5% and BSE Smallcap index is down 0.3%. The market breadth is negative with advances at 571 against declines of 821 on the NSE.   »  Send to friends
12:57 PM – Buy Gujarat Gas and Castrol India for the short term, says AK Prabhakar of Anand Rathi Securities on NDTV Profit.   »  Send to friends
12:50 PM – Buy Brigade Enterprises with a 1-2 day target of Rs 73.50 and stop loss of Rs 67.30, says Sandeep Wagle of Aptart on ET Now. The stock is currently trading at Rs 68.35, down 1.9% on the BSE.   »  Send to friends
12:42 PM – Buy Bharti Airtel with a target of Rs 415-416 and stop loss of Rs 388, says Salil Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 399.50, up 2.6% on the BSE.   »  Send to friends
12:34 PM – Buy NTPC with a 12-18 month target of Rs 200, says Alok Agarwal of Mata Securities on NDTV Profit. Stock valuations are steady, he adds. The stock is currently trading at Rs 175, down 0.1% on the BSE.   »  Send to friends
12:28 PM – Nifty F&O Call: Sell with 1-2 day targets of 5080-5050 and stop loss of 5125, says Kiran Jadhav, technical analyst, on CNBC Awaaz.   »  Send to friends
12:25 PM – Nifty F&O Call: Buy above 5110 with a one-day target of 5150 and stop loss of 5080, says Nirav Vakharia of Globe Capital on CNBC Awaaz.   »  Send to friends
12:22 PM – Nifty F&O Call: Sell with a 3-4 day target of 4980 and stop loss of 5140, says Shardul Kulkarni of Angel Broking on CNBC Awaaz.   »  Send to friends
12:17 PM – Nifty F&O Call: Sell with a 1-2 day target of 5050 and stop loss of 5180, says Indra Narayan Biswas, technical analyst, on CNBC Awaaz.   »  Send to friends
12:13 PM – Nifty F&O Call: Sell with 1-2 day targets of 5070-5050 and stop loss of 5165, says Prabir Kumar Sarkar of SPA Securities on CNBC Awaaz.   »  Send to friends
12:08 PM – At noon the market has come off the day’s high though it is still in positive terrain but the Nifty has slipped below the 5100 mark. Sensex is trading at 16912, up 73 points from its previous close, and Nifty is at 5093, up 20 points. CNX Midcap index is down 0.4% and BSE Smallcap index is down 0.01%. The market breadth is negative with advances at 644 against declines of 719 on the NSE.   »  Send to friends
11:55 AM – Inflation: July manufactured products inflation is at 7.49% versus 7.43% (MoM), primary articles inflation at 11.30% versus 12.22% (MoM), fuel group inflation at 12.04% versus 12.85% (MoM) and food articles inflation is at 8.19% versus 8.38% (MoM), reports NDTV Profit.   »  Send to friends
11:49 AM – Inflation: July WPI inflation has come in at 9.22% versus 9.44% in June, reports NDTV Profit. WPI inflation for May has been revised to 9.56% versus 9.06%, it adds.   »  Send to friends
11:45 AM – Buy RCom with a target of Rs 93-94, says Siddharth Bhamre of Angel Broking on CNBC TV18. It has support at Rs 80, he adds. The stock is currently trading at Rs 85, up 0.8% on the BSE.   »  Send to friends
11:38 AM – Hold Dish TV with a stop loss of Rs 77 and buy more once it crosses Rs 86, says Jatinder Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 85.75, up 3.6% on the BSE.   »  Send to friends
11:30 AM – We expect a short-term bounce which could take the Nifty to 5190-5230 at which level there will be resistance and if this is crossed then the next target would be 5310 before the market heads down, says Rohit Shrivastav of Sharekhan on NDTV Profit. The medium-term is down and there is immediate support for the Nifty at 5050, he adds.   »  Send to friends
11:25 AM – Sell IDFC with a target of Rs 112 and stop loss of Rs 124, says Jatinder Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 120.30, up 0.5% on the BSE.   »  Send to friends
11:19 AM – Buy Delta Corp with a target of Rs 104 and stop loss of Rs 95, says Lancelot D’Cunha, market analyst, on ET Now. The stock is currently trading at Rs 100.45, up 1.3% on the BSE.   »  Send to friends
11:13 AM – Buy Nifty Futures with a target of 5170 and stop loss of 4950, says Sudarshan Sukhani, technical analyst, on ET Now.   »  Send to friends
11:06 AM – The market is holding onto most of its opening gains and trading with a positive bias. The midcap sector, however, is a bit weak in trade today. Sensex is at 16975, up 136 points from its previous close, and Nifty is at 5112, up 39 points. CNX Midcap index is down 0.03% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 754 against declines of 581 on the NSE.   »  Send to friends
11:01 AM – Sell DLF with a target of Rs 170 and stop loss above Rs 210, says Sudhanshu Pandey of FRR Shares and Securities on NDTV Profit. The stock is currently trading at Rs 197.05, down 1.9% on the BSE.   »  Send to friends
10:55 AM – Buy Jubilant Foodworks with a target of Rs 960 and stop loss of Rs 780, says Ashwani Gujral, technical analyst, on ET Now. The stock is currently trading at Rs 894, up 5% on the BSE.   »  Send to friends
10:49 AM – Buy PTC with a target of Rs 85 and stop loss of Rs 70, says Parag Doctor of Motilal Oswal Securities on CNBC TV18. The stock is currently trading at Rs 75.50, up 0.3% on the BSE.   »  Send to friends
10:43 AM – Buy Infosys with a target of Rs 2450 and stop loss of Rs 2325, says Sudarshan Sukhani, technical analyst, on ET Now. The stock is currently trading at Rs 23912, up 0.7% on the BSE.   »  Send to friends
10:35 AM – Buy SBI with a target of Rs 2295 and stop loss of Rs 2200, says Salil Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 2232, up 1.8% on the BSE.   »  Send to friends
10:30 AM – Sell Shree Renuka Sugars with a target of Rs 58 and stop loss of Rs 68, says Kalpesh Goyal of AK Stockmart on CNBC Awaaz. The stock is currently trading at Rs 61.15, down 2.8% on the BSE.   »  Send to friends
10:24 AM – Profit booking continues in the market and till the Nifty is not able to cross 5200-5280 the positive trend will not resume, says Nikita Surekha, technical analyst, on Zee Business. On intra-day basis, there is support for the market at 5050-5035 and resistance at 5110, she adds.   »  Send to friends
10:17 AM – Sell Reliance Capital with a target of Rs 400 and stop loss of Rs 460, says Rakesh Gandhi of LKP Shares on CNBC TV18. The stock is currently trading at Rs 428.90, down 1.8% on the BSE.   »  Send to friends
10:10 AM – Sell OBC with a target of Rs 304 and stop loss of Rs 345, says Ashwani Gujral, technical analyst, on ET Now. The stock is currently trading at Rs 328.30, down 0.5% on the BSE.   »  Send to friends
10:04 AM – After a gap-up start, the market is now trading with broad gains and banks, metals and oil & gas are leading the rally though realty is a bit under pressure. Sensex is trading at 17002, up 162 points from its previous close, and Nifty is at 5120, up 47 points. CNX Midcap index is up 0.1% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 801 against declines of 463 on the NSE.   »  Send to friends
9:59 AM – Buy Delta Corp with a 2-3 day target of Rs 105 and stop loss of Rs 94, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 100.25, up 1.1% on the BSE.   »  Send to friends
9:52 AM – Sell Allahabad Bank with a target of Rs 175 and stop loss of Rs 198, says Ashwani Gujral, technical analyst, on ET Now. The stock is currently trading at Rs 190.70, up 0.3% on the BSE.   »  Send to friends
9:46 AM – Buy Hero MotoCorp with targets of Rs 1919 and 1979 and stop loss of Rs 1855, says Hitendra Vasudev, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1908.65, up 0.9% on the BSE.   »  Send to friends
9:39 AM – Buy Sintex Industries with a target of Rs 157.20 and stop loss of Rs 150, says Sudarshan Sukhani, technical analyst, on ET Now. The stock is currently trading at Rs 153.70, up 1% on the BSE.   »  Send to friends
9:32 AM – Sell Balrampur Chini on a rally with a target of Rs 54 and stop loss of Rs 60, says Parsh Zaveri of Zaveri Investment on CNBC Awaaz. The stock is currently trading at Rs 58, up 0.6% on the BSE.   »  Send to friends
9:26 AM – Sell Suzlon Energy with a target of Rs 33.50 and stop loss above Rs 43.30, says Sudhanshu Pandey of FRR Shares and Securities on NDTV Profit. The stock is currently trading at Rs 41.70, up 0.7% on the BSE.   »  Send to friends
9:19 AM – The Indian market opens the first trading day of the week on a positive note, in line with firm global cues. Earlier, the US markets closed higher with the Dow gaining 213 odd points while Asia is flat at this hour. Sensex is trading at 17035, up 195 points from its previous close, and Nifty is at 5128, up 55 points. CNX Midcap index is up 0.5% and BSE Smallcap index is up 0.3%. The market breadth is positive with advances at 597 against declines of 140 on the NSE.   »  Send to friends
9:15 AM – Sell Bank of India at Rs 339 with an intra-day target of Rs 333 and stop loss of Rs 342, says Hemen Kapadia, technical analyst, on CNBC TV18.   »  Send to friends
9:09 AM – Sell NCC Ltd with an intra-day target of Rs 58 and stop loss of Rs 64, says Anil Singhvi, market analyst, on CNBC Awaaz.   »  Send to friends
9:04 AM – The pre-opening session of the market begins with the Nifty and Sensex indicating a positive start today. The SGX Nifty is at 5145, up 70 points. Normal trading will start at 9.15 am.   »  Send to friends
8:59 AM – Buy Aurobindo Pharma at Rs 156 with an intra-day target of Rs 162 and stop loss of Rs 153, says Hemen Kapadia, technical analyst, on CNBC TV18.   »  Send to friends
8:53 AM – If the market opens gap-up then go short with a stop loss of 5250, says Ashwani Gujral, technical analyst, on ET Now. There is support at 5018 and 4965 and resistances are at 5159 and 5247 and the market is likely to trade in a range of 4950 and 5250, he adds. For the week, a crucial level is 5074 above which the market will stay positive, he says.   »  Send to friends
8:46 AM – Buy HCC with an intra-day target of Rs 31 and stop loss of Rs 28.50, says Anil Singhvi, market analyst, on CNBC Awaaz.   »  Send to friends
8:41 AM – Sell Adani Power with an intra-day target of Rs 88 and stop loss of Rs 96, says Anil Singhvi, market analyst, on CNBC Awaaz.   »  Send to friends
8:36 AM – If the market opens at 5200 then book profits, says Jatinder Sharma, technical analyst, on Zee Business. The market has to go past 5200-5225 in order to lessen its negative momentum, he adds.   »  Send to friends
8:30 AM – My view on the market is bullish and I expect it to open 80-90 points higher, says Sudarshan Sukhani, technical analyst, on ET Now. Wait for an intra-day dip and then buy, he advises. If the Nifty is able to cross 5200 or even close above 5150 then I would think the short-term trend would be positive, he adds.   »  Send to friends