Due to spectacular signals in Indian stock market Sensex and Nifty have managed to reach a new peak.Sensex touched new record from the upper level of 27248.79 and Nifty touched a new record of 8149.25. Midcap and Smallcap stocks also have good buying trend. The BSE Smallcap index has jumped nearly by 1.5 percent. The oil & gas, pharma and metal stocks mostly have buying trend.
Currently, the 30-share BSE Sensex index gained 201.7 points, ie 0.75 per cent and is trading at 27228.4.While 50-share NSE Nifty moved up by 56 points or 0.7 percent to 8143.
During trading , Asian Paints, ONGC, Hindalco, Grasim, HUL, Sun Pharma and Bajaj Auto shares rose 2.4 to 1.3 percent. However, Kotak Mahindra Bank, United Spirits, Maruti Suzuki, NMDC, Tata Power and M & M stocks fell by 1.1 to 0.1 per cent.
In Midcap space Punj Lloyd , Torrent Power, Gujarat Fluoro, HT Media and Jaypee Infra surge 9.9 to 5 per cent.In smallcap Bliss GVS, Marksans Pharma, Sarda motor, Poly Medicure and Kirloskar Investments gained strenght most by 20-10 per cent.
Intraday nifty option tips for 8 september 2014
Currently, the 30-share BSE Sensex index gained 201.7 points, ie 0.75 per cent and is trading at 27228.4.While 50-share NSE Nifty moved up by 56 points or 0.7 percent to 8143.
During trading , Asian Paints, ONGC, Hindalco, Grasim, HUL, Sun Pharma and Bajaj Auto shares rose 2.4 to 1.3 percent. However, Kotak Mahindra Bank, United Spirits, Maruti Suzuki, NMDC, Tata Power and M & M stocks fell by 1.1 to 0.1 per cent.
In Midcap space Punj Lloyd , Torrent Power, Gujarat Fluoro, HT Media and Jaypee Infra surge 9.9 to 5 per cent.In smallcap Bliss GVS, Marksans Pharma, Sarda motor, Poly Medicure and Kirloskar Investments gained strenght most by 20-10 per cent.
Intraday nifty option tips for 8 september 2014
- Colgate Palmoilve India is a 'Buy' call with a target of Rs 1600 and a stop loss of Rs 1520
- Biocon is a 'Buy' call with a target of Rs 530 and a stop loss of Rs 490
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