Range bound movement was
there in the market today. Equity benchmarks continued to be directionless due
to lack of global and domestic cues. The Sensex fell 36 points to 25586 and the
Nifty declined 3 points to 7787. Global financial services major UBS
today said it is "overweight" on India but sees limited room for a
re-rating and forecast an end-2016 Nifty target of 8,200. Limited room for a
re-rating and forecast an end-2016 Nifty target of 8200 based on a 15x one-year
forward PE multiple.
Tuesday 5 January 2016
Monday 4 January 2016
STOCK & NIFTY OPTION UPDATE & FREE TIPS FOR 5 JAN 2016
Domestic markets slipped tracking weak trend
seen in Asian markets after data on Friday showed China's factory activity
shrank for a 10th straight month in December. Reacting to the news, China's
benchmark CSI300 share index dipped 7 per cent on the first session of 2016 on Monday, prompting the
stock exchange to halt trading for the rest of the day. The Sensex tumbled 537 points to end below its crucial
psychological level of 26000 in trade on Monday, while broader Nifty also
settled below its key support level of 7800.
In today’s trade TATASTEEL, ASIANPAINT, HCLTECH
was the top gainers while TATAMOTORS, IDEA, BANKBARODA, HINDALCO was the top
most losers stock of the day. Most
Active Securities of today was JETAIRWAYS, RELIANCE, and RELINFRA.Friday 1 January 2016
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