Indian Stock Market Trend Today :- Expected to Credit policy Repo Rate is decline, Domestic Markets beginning with up trend today. Sensex up 50 points 17 201 and Nifty gained 40 points to open at 5267. However in early trading market has increased selling pressure.
Metal Stocks have gained nearly 1%. Auto, IT, PSU, Technology, Realty, Power stocks is strength of 0.5 to 0.2%. Light edge in capital goods and healthcare stocks. Sterlite Industries, TCS, Tata Motors, Cipla, Tata Steel, DLF, Hero MotoCorp, Wipro, Hindalco, ONGC 1:25 to 0:25% faster. Consumer Durables, Banking, Oil & Gas stocks have fallen from 0.4 to 0.25%. FMCG stocks have declined slightly.
U.S. Market :- Better than expected retail sales figures on Monday U.S. Market to back up. Dow Jones gained 0.5%. However, due to sharp fall in IT stocks Nasdaq Composite fell 0.75%.
Asian Market :- There is pressure on Asian markets. Taiwan Index, Hang Sang, Shanghai Composite, Straits Times and Kospi is 1 to 0.25% decline. Singapore Nifty is in red. However Nikkei seems light fast.
Intraday Tips / Positional Stock Advice on 17 April 12
Hexaware Buy For 1 To 4 Days, Target - 132 - 140, Stoploss – 115.
Havells India Buy For 1 To 4 Days, Target - 610 - 630, Stoploss – 545.
IFCI Buy For 3 To 4 Days, Target - 45, stoploss – 40.
Reliance Infra Buy For 3 To 4 Days, Target - 570, Stoploss – 535.
Intraday Tips Free Trail and Stock advice From 17 April To 18 April 12 Free Trial
