Stock Markets

Markets Could See More Downside Before Moving Forward

The market unfolded as anticipated and climbed up and detecting resistance in our resistance zone and caving in.

Enter markets at every Downfall - Indian Companies are Fundamentally Strong

Stock MarketThe stock markets internationally have been falling on worries that the sub-prime problem is dispersing to other sections and areas, and India seems to have jumped onto that trend. Here are some stocks that investors can buy in this descending market.

Anil Manghnani is confident on Kotak Mahindra Bank, Cummins, IFCI, Axis Bank, and Reliance Capital from among the Nifty Junior.

From the Nifty, Mr. Manghnani wishes all the capital goods stocks including ABB, L&T, and Bhel. He also likes HDFC, HDFC Bank, Bharti, Reliance Industries, Zee, Tata Steel, and Sail.

Four Wheeler Auto Stocks Good For Long term Gains

Viratechindia’s Rahul Mohindar has suggested investors to invest in four wheeler auto stocks for long-term.

Be Careful Until Global Situation Become Stable: Vishwas Agarwal

In a fight to put control over trading action, bears took over from bulls on Thursday. Growth of existing bearish response on Friday is likely to append their stocks in their support. In contrast, optimistic sentiment on Friday is expected to modify the existing reaction.

The leading tradable stocks on NSE Nifty suffer a slight reshuffle in its succession and factors. RIL recovered the top slot and pushes Infosys to the fourth place. ICICI Bank climbed one position to second and BHEL registered its name on the third place. SBI and RCom exchanged their locations.

Markets Open Strong; Sensex Surges Past 15,500

Today, the stock market opened on a cheerful note this morning as the bulls, captivating worldwide cues, continued a buying spree in early trade. Reflecting the optimistic beginning, the Sensex that opened its eyes with a positive gap of about 145 points, soared up past the 15,500 mark to 15,535.85 in early trades.

Presently, the Sensex is up with an hefty gains of 208.03 points or 1.36 per cent at 15,516.01. The Nifty that erupted to 4526.10, has recorded a gain of 1.35 per cent or 60.35 points at 4522.45.

Exit Polaris Software On Rally - Manghnani

PolarisAnil Manghnani of Modern Shares & Stock Brokers has suggested investors to exit Polaris Software Lab on rally.

Manghnani told, "Polaris is very weak. It’s fallen from Rs 237 all the way to Rs 104; this stock has a history of painfully hitting people by moving up sharply and then giving up all the gains over a six-month period. As of now it’s very weak on the charts and its just look like a technical bounce, my advice is to sell into every rally, just trading levels will be Rs 125 then Rs 137 and Rs 143, somewhere around the high level to get out of the stock."