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Sensex, Nifty choppy as market gears up for Economic Survey 9 July 2014 | Intraday Equity Commodity Tips







Equity & Commodity Tips

Wednesday 9 July 2014

Sensex, Nifty choppy as market gears up for Economic Survey 9 July 2014

Nifty Tips
In the morning trade , the Indian market fluctuates. After opened with an edge sensex dropped 250 points.Nifty slipped to 7550.

At 11 am, the Sensex rose 30 points to 25,612 and Nifty gained 10 points at 7634 levels. Midcap stocks are sluggish. Smallcap stocks fell.

Oil & gas, metal, FMCG shares rose 1 to 0.75 per cent. Consumer durables stocks have 0.75 percent growth. Banks, realty, power stocks are strong. Capital goods stocks are sluggish.

However, auto stocks have broken nearly 1.5 per cent and Healthcare stocks 1 percent. IT and tech stocks have fallen from 0.4 to 0.2 per cent.

Brent crude reached below $ 109. Due to this HPCL, BPCL, Indian Oil, GAIL, ONGC rose nearly 4 to 1.5 per cent.

In Nifty stocks, Hindalco rolled up around 4.5 per cent. Tata Steel, IDFC, Ambuja Cements, ONGC, BHEL, GAIL, Asian Paints, Reliance Industries, IndusInd Bank, SBI rose 2-1 per cent.

Heavyweights stocks Tata Motors, Tech Mahindra, M & M, Dr Reddy's, Hero Moto, Cairn India, Lupin, Coal India, Bajaj Auto, Sesa Sterlite broke by 2-1 per cent.

Up Shares
HINDALCO, ONGC, IDFC, BPCL, ITC, GRASIM, TATA STEEL, NMDC, GAIL, ACC

Down Shares
M&M, TATAPOWER, TATAMOTORS, SSLT, TCS,COAL INDIA, HERO MOTOCO, JINDALSTEL, NTPC, TECHM

Intraday stock nifty tips for 9 july 2014 afternoon
  • JP Associates Ltd is a 'BUY' call with a target of Rs 78 and a stop loss of Rs 53
  • Reliance Capital Ltd is a 'SELL' call with a target of Rs 585 and a stop loss of Rs 620
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