Sustaining its latest trend, the domestic stock market scaled new highs on Wednesday, with foreign institutional investors continuing to stay bullish on its prospects.
Sensex and Nifty on its tenth consecutive day today has achieved a new peak . In early trading, the market was a bit dull , but the spirit of the market has increased in the last hour of trading . With the help of pharma,bank and auto- sector, market is again flew high .However,FMCG and metal stocks shows the selling trend. While small and midcap stocks are topped today.
In today's trading session Bank of Baroda, IDFC , Bharti Airtel , PNB , Tata Motors , SBI , Cipla and ONGC stocks are moved up 5.2 to 2 per cent . However , Asian Paints , ITC , ACC , Jindal Steel , Sesa Sterlite , Hindalco , HDFC Bank and HUL stocks fell from 2.6 to 1 per cent .
In midcap Jet Airways , Strides Arcolab , Oriental Bank , Thomas Cook and from 14.1 to 8.7 per cent in Bombay Dyeing most have jumped off . The Smallcap stocks AGC Networks, NIIT , Binani Industries , JM Financial and Selan Exploration 17.4 to 9.8 per cent are highest .
In Asian market, Japan's Nikkei closed at 14,946 with 154 points or 1 percent growth.While Shanghai Composite closed at 2059 with 0.5 percent or 11 points growth.With 75 points.Hang Seng closed at 22,524 with with 0.3 percent growth.
Sensex and Nifty on its tenth consecutive day today has achieved a new peak . In early trading, the market was a bit dull , but the spirit of the market has increased in the last hour of trading . With the help of pharma,bank and auto- sector, market is again flew high .However,FMCG and metal stocks shows the selling trend. While small and midcap stocks are topped today.
In today's trading session Bank of Baroda, IDFC , Bharti Airtel , PNB , Tata Motors , SBI , Cipla and ONGC stocks are moved up 5.2 to 2 per cent . However , Asian Paints , ITC , ACC , Jindal Steel , Sesa Sterlite , Hindalco , HDFC Bank and HUL stocks fell from 2.6 to 1 per cent .
In midcap Jet Airways , Strides Arcolab , Oriental Bank , Thomas Cook and from 14.1 to 8.7 per cent in Bombay Dyeing most have jumped off . The Smallcap stocks AGC Networks, NIIT , Binani Industries , JM Financial and Selan Exploration 17.4 to 9.8 per cent are highest .
In Asian market, Japan's Nikkei closed at 14,946 with 154 points or 1 percent growth.While Shanghai Composite closed at 2059 with 0.5 percent or 11 points growth.With 75 points.Hang Seng closed at 22,524 with with 0.3 percent growth.
Some stock tips for tomorrow 3rd April
- SKS Microfinance Ltd is a 'BUY' call with a target of Rs 255 and a stop loss of Rs 210
- Dabur India Ltd is a 'SELL' call with a target of Rs 175 and a stop loss of Rs 195
- Tata Chemicals Ltd is a 'SELL' call with a target of Rs 285 and a stop loss of Rs 296
- Tata Global Beverages Ltd is a 'SELL' call with a target of Rs 151 and a stop loss of Rs 155
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