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Thursday, 3 April 2014

Stock Market Breaking News

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In the final hours of today 's business,market showed remarkable recovery .Due to lower levels of aggressive buying the Sensex recovered nearly 165 points,while the Nifty also showed recovery of 40 points . In the end, the market closed with a slight fall.

After 10 days winning,today market shows some fall.Midcap and Smallcap stocks also have selling pressure alongwith heavyweghts stock.Due to weakness in Banks , capital goods and oil & gas stocks, the market shows some pressure.However, due to buying of pharma , FMCG and metal stocks,there has been some recovery in the market.

Sensex was down 42.42 points to close at 22509.07 while the Nifty fell 16.45 points to 6736.10 after hitting an intraday low of 6,696.90 after hitting an intraday low of 6,696.90

In asian market,Japan's Nikkei closed at 15,071 with 125 points or 0.8 percent growth.While Shanghai Composite closed at 2139 with fall of 15 points or 0.7 per cent.Hang seng closed at 22,565 with 41 points growth.

Stocks Tips for Tomorrow 5 April


Union Bank of India is a 'SELL' call with a target of Rs 135 and a stop loss of Rs 145

Thomas Cook Ltd is a 'BUY' call with a target of Rs 110 and a stop loss of Rs 90

Bank of India is a 'SELL' call with a target of Rs 222 and a stop loss of Rs 240

BGR Energy Ltd is a 'SELL' call with a target of Rs 124 and a stop loss of Rs 138

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