3 September 2014

Get Live Intraday Tips Market Highlights; Nifty holds 8100


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Today in intraday Equity benchmarks remained in a positive terrain supported by telecom, technology, metals and Tata group stocks. The Sensex rose 72.70 points to 27092.09 and the Nifty climbed 21.65 points to 8104.70. The BSE Midcap and Smallcap indices gained 0.5 percent and 0.4 percent, respectively. About 1231 shares have advanced, 798 shares declined, and 91 shares are unchanged.
Technology majors Infosys, TCS and Wipro gained 1-2 percent while top telecom operator Bharti Airtel topped the buying list, up over 3 percent. Among metals, Tata Steel, Sesa Sterlite and Hindalco rose 1-2 percent. However, ICICI Bank, ONGC, ITC, HDFC Bank, GAIL, Sun Pharma, M&M, SBI, Hero Motocorp and Dr Reddy's Labs fell 0.3-2 percent.
Indian markets are expected to trade in a range on Wednesday following muted trend seen in other Asian markets. Birla Corporation Ltd BSE 1.67 % is a 'BUY' call with a target of Rs 575 and a stop loss of Rs 540 Eros International Media Ltd is a 'BUY' call with a target of Rs 284 and a stop loss of Rs 256 Sona Koyo Steering Ltd is a 'BUY' call with a target of Rs 55 and a stop loss of Rs 43.

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