Market Trend today :- Despite of mixed signals from International markets, Indian Market beginning with weakness. Sensex fell 10 points to 17226 and Nifty open with fell 8 points of 5221. In early trading Market is seen fluctuation.
Healthcare shares are rose 1%. Auto, PSU, Tech stocks have seen light strong. Metal, Capital Goods, Consumer Durables, Banking, IT, FMCG stocks are weak by 0.3 to 0.1%. Power, Oil & Gas, Realty stocks marginally fall.
Cipla stock 6.5% up because of excellent quarterly earnings. Ambuja Cements, HDFC, SBI, Bharti Airtel, Dr Reddy's, Asian Paints, PNB, Kotak Mahindra Bank, Ranbaxy are strong by 1.25 to 0.5%.
Asian markets are returned shopping due to improved manufacturing data by China. Shanghai Composite rose 1%. Straits Times and Singapore Nifty strong. However Nikkei is still broken 1%. U.S. Market fell from 0.2 to 0.5% on Tuesday despite of good figures.
Intraday Tips for Today 1 August 12
YES Bank Buy, Target – 380, Stoploss – 350.
Ambuja Cements Buy, Stop loss - 178, Target - 189.
DLF Buy, Target 218, Stoploss – 205.
Sterlite Industries Buy for 1 o 2 Days, Target - 112, Stoploss – 105.
MCX Intraday Tips for Today
International Market Gold slow while silver is trading down. COMEX Gold at $ 1614 with slowness. MCX Gold on Tuesday closed at Rs 29 752 with light declined. while silver closed at Rs 53 960 with gain of 0.25%.
Gold Sell -30 200, Stoploss - 30 350, Target -30 000.
Silver Sell - 54 200, Stoploss - 53 200, Target - 54 900.
NYMEX Crude oil has seen a 0.30% down and price is at $ 87 dollars a barrel. MCX crude oil on Tuesday slipped 1.20% to close at 4919 levels.
London Metal Exchange Copper is trading with weakness of 0.30%. MCX Copper on Tuesday closed at Rs 422 with idling.
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