Stock Markets

Buy Neyveli Lignite on every fall in Price - Anil Manghnani

Neyveli Lignite CorporationAnil Manghnani is bullish on Neyveli Lignite and is of the view that investors should accumulate the stock at any fall.

"Neyveli is still interesting; every fall you would see this sharp bounces because of the stock actually broken out on the longer term came after a long time. In this move it is Rs 81 is important if it crosses Rs 81 that’s a trading target then you could rally back to Rs 87, which is a recent top at Rs 93. But again if it comes down, back closer to Rs 70 and Rs 66 levels definitely accumulate the stock at any fall,” Mr. Manghnani stated.

It’s Better To Exit The Market At Each Bounce – Ashu Madan

The Nifty ended Tuesday at 4,356 after making a gaining 17 points and the Sensex closed the day at 14,937, up 30 points. Asian markets are trading in the green. Presently, the crude is trading down at 0.19 at 72.23 a barrel on the Nymex.

Ashu Madan of Religare alleged that no special skill is necessary to estimate the markets opening.

“Whenever the market has had a gap-down opening it has always been sustained. However, when it has a gap-up opening it does away with the gains. There are some sections in the market, which are wary of things. Something fishy is happening in the US and I expect to see some more skeletons rolling out,” he added.

Stay Invested in DLF to Reap More Money

DLF GroupRahul Mohindar of Viratechindia is of the view that DLF can move upto Rs 620-630.

Sensex Gains 184 Pts; Wipro Soars 4%

WiproAfter opening with a positive gap of 135 points at 15,038, the BSE Sensex soon reached to a high of 15,142.

Now, at 10:30, the stock index is up 184 points at 15,087.

On the back of its $600 million US acquisition, Wipro has surged 4.4 per cent to Rs 478.

Prism Cement Still Look Healthy

Prism CementTechnical Analyst, Ashwani Gujral has suggested a positive support for

Lowering Of Depository Rates Increases Operator Interest In SBI

After declaring State Bank of Indiaa cut in interest rates on one-two year deposits to 8% from 8

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