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Sensex Broke 184 points, Nifty Closed at 6652; IT Falls | Free stock , stock future , mcx ,ncdex tips | Intraday Equity Commodity Tips







Equity & Commodity Tips

Wednesday 7 May 2014

Sensex Broke 184 points, Nifty Closed at 6652; IT Falls | Free stock , stock future , mcx ,ncdex tips

stock tips
Due to poor International signal and the selling trend in IT shares , the market broke by 1 percent.Sensex closed at 22,324 fell 184 points and the Nifty fell 63 points to close at 6652 . Midcap and Smallcap stocks came under pressure.

IT and tech stocks declined from 2.5 to 2.25 percent . Realty , metal, auto shares broke by 1 to 0.7 per cent . Banks , Capital Goods , Oil & Gas , FMCG , Healthcare stocks also fell.However , consumer durables stocks were 0.75 percent stronger . Power stocks rose slightly.
 
HCL Tech , Tech Mahindra , MphasiS , CMC , TCS , Wipro , Hexaware , Polaris shares broke by 4.5 to 1 percent.

Lupin's net profit in Q4 2014 has been increased by 35.5 percent to Rs 553 crore. Lupin fell 1.5 percent .

HDFC , Hindalco , UltraTech Cement , GAIL , Ambuja Cements , Cipla , Asian Paints , Bajaj Auto fell from 3 to 1.75 percent .
 
Giants stocks like NTPC , SBI , Sun Pharma , Kotak Mahindra Bank , BPCL , IndusInd Bank strengthened from 1.5 to 0.5 percent .

In Asian market, the Nikkei broke 3 percent . Hang Seng , Kospi , the Shanghai Composite fell nearly 1 percent . Taiwan Straits Times index slipped down.

Stock tips for tomorrow 8 May

Max India is a BUY call with TARGET 250 and STOPLOSS 220
Titan Company is a BUY call with TARGET 282 and STOPLOSS 268

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