Indian Share Market Closes Flat | Get Free Stock Tips For 9 april

The market closed flat after seeing recovery in late trade. Sensex down 16 points to close at 22343 and Nifty closed at 6695 rose nearly 1 point . Midcap stocks declined by about 0.5 per cent while Smallcap stocks strengthened 0.2 percent .

Realty and consumer durables stock broke by 1 per cent . Power , Bank , Healthcare share fell from 0.7 to 0.25 per cent . IT , tech , auto , capital goods , oil & gas stocks are under pressure . Metal and FMCG stocks are at slight edge.

Today market traded with fluctuation. With a dull start , it shows buying trend. Sensex grows up by 100 points.Nifty crosses above 6700 level.However, the very soon it returned to the selling pressure effect.

Due to fall in Asian markets, the domestic market also broke by 0.5 per cent.Sensex slips 162 points and Nifty slips upto 6650 level . Midcap and Smallcap stocks declined by 1 to 0.3 per cent

Sun Pharma announced to buy Ranbaxy in $ 4 billion.Sun Pharma shares  rose by 2.5 percent. However, Ranbaxy broken by 3 percent.
 
European market also shows downward trends.DAX broke by more than 1 percent.FTSE and CAC shows 0.5 percent of weakness.

In asian markets , Nikkei broke by 1.7 percent.Hang Seng and Straits Times fell 0.7 per cent . Taiwan Index slipped . However , Kospi is in green mark .

Stock Tips For 9 April

• Bata Ltd is a 'SELL' call with a target of Rs 1050 and a stop loss of Rs 1121
• Britannia Industries Ltd is a 'SELL' call with a target of Rs 805 and a stop loss of Rs 860
• Cairn India Ltd is a 'BUY' call with a target of Rs 360 and a stop loss of Rs 333.75
• Divi's Laboratories Ltd is a 'SELL' call with a target of Rs 1290 and a stop loss of Rs 1360

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