Stock Trading

Market Continues To Trade Lower

Market Continues To Trade LowerThe Sensex continued to trade in the negative terrain due to heavy selling action witnessed in realty, banking and power stocks, while IT, metal and auto stocks went up.

Today, the 30-share index, BSE Sensex opened negatively at 14,563.10, down 80.88 points.

BSE Midcap fell 0.06%, whereas Smallcap surged 0.03%.

At 12.59 p.m., the 30-share index Sensex stood at 14,427.07, down 55.15 points, after touching a high of 14,563.10 and a low of 14,397.27.

In contrast, the broad based Nifty lost 3.95 points at 4,333.55, after hitting a high of 4,364.25 and a low of 4,315.55.

SAIL Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on SAIL stock with an intraday target SAIL Intraday Buy Callof Rs 158.

According to them, interested traders can purchase the stock above Rs 152 with a strict stop loss of Rs 148. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 160.
 
Shares of the company, on Tuesday (Aug 26), closed at Rs 150.15 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1191503. Current EPS & P/E ratio stood at 18.99 and 8.02 respectively. The share price has seen a 52-week high of Rs 292.50 and a low of Rs 117.55 on BSE.

Sensex Closes Up 31.87 Pts At 14,482.22

The 30-share index BSE Sensex ended positively on Tuesday, Aug 26 on account of good  Sensex Closes Up 31.87 Pts At 14,482.22 buying action witnessed ino and banking stocks, whereas oil & gas stocks restricted the gains.

After starting the day on a pessimistic note at 14,338.27, down 112.08 points, the stock index made a smart recovery during late trade.

Asian stocks saw negative trend on Tuesday, led by financial companies on fear that expanding credit-market losses will swipe off business development and income.  

BSE Midcap index gained 0.06%, whilst Smallcap index fell 0.14%.

ONGC Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on ONGC stock with an intraday ONGC Intraday Buy Calltarget of Rs 1030.

According to them, interested traders can purchase the stock above Rs 1020 with a strict stop loss of Rs 1010. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1035.

Satyam Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Satyam Computers stock with an Satyam Intraday Buy Callintraday target of 400.

According to them, interested traders can purchase the stock above Rs 394 with a strict stop loss of Rs 390. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 404.
 

L&T Intraday Buy Call

Karvy Stock Broking Limited has maintained ‘buy’ rating on Larsen and Toubro Limited L&T Intraday Buy Call(L&T) stock with an intraday target of Rs 2660.

According to Karvy, interested traders can purchase the stock above Rs 2615 with a strict stop loss of Rs 2590. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 2667.
 

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