Stock Trading

Yes Bank Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Yes Bank stock with an Yes Bank Intraday Buy Callintraday target of Rs 145.

According to them, interested traders can purchase the stock above Rs 143 with a strict stop loss of Rs 140. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 150.
 
Shares of the company, on Monday (Aug 11), closed at Rs 142.50 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3350978. The share price has seen a 52-week high of Rs 277.80 and a low of Rs 102 on BSE.

Stock Markets Likely To Advance Today

Indian stock markets are likely to advance today on the back of declining crude Stock Markets Likely To Advance Todayprices.

Indian equities marked their closure positively on Monday (August 11) gaining more than 300 points towards the closing session.

Crude oil, which fell to $115.20 on Friday (August 8) because of strong rise in US dollar, helped to cheer the market outlook.

Realty and Banking witnessed heavy buying action, whereas selling was seen in IT and consumer durable sectors.

The Midcap and Smallcap index also traded positively all through the day gaining 1.63% and 1.25% respectively.

Sensex Maintains Upward Journey; Up 288 Pts

The 30-share index Sensex continued its positive run on account of heavy buying Sensex Maintains Upward Journey; Up 288 Ptsactivity seen across the board.

Banking, realty, oil & gas, auto stocks led the advances, while some IT stocks went down.

BSE Midcap and Smallcap gained more than 1% each.

At 1:14 p.m., Sensex stood at 15,456.41, up 288.59 points, after touching a high of 15,488.06 and a low of 15,367.97, whereas the broad based Nifty gained 69.10 points at 4,598.60, after hitting a high of 4,616.00 and a low of 4,529.35.

Essar Oil Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Essar Oil stock with an Essar Oil Intraday Buy Callintraday target of Rs 238.

According to them, interested traders can purchase the stock above Rs 234 with a strict stop loss of Rs 230. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 244.
 
Shares of the company, on Friday (Aug 08), closed at Rs 233.75 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3350978. The share price has seen a 52-week high of Rs 360 and a low of Rs 48 on BSE.

Sensex Opens At Promising Note

Indian Equities opened strongly today (August 11) because of encouraging crude Sensex Opens At Promising Noteoil’s slide, which kept the outlook positive across worldwide markets.

In addition the gain was led by good buying action witnessed in key stocks.

Today, the 30-share Index, BSE Sensex opened at 15,430.31, up 262.49 points, and soon it touched a high of 15,470.70.

The majority of Asian stocks benefited today, led by banking institutions and manufacturers, after last week’s reduction in commodity prices, which encouraged the positive view of business earnings and relieved inflation worries.

Declining Crude, Commodities Will Improve Stock Market, Says Vishwas Agarwal

In volatile trade, the stock markets overcame the initial setback on Friday Declining Crude, Commodities Will Improve Stock Market, Says Vishwas Agarwal(August 08) with the benchmark Sensex gaining more than 50 points to remain above 15,000-level at the closing time after declining below this crucial level during late morning trade.

Finally, the 30-share bellwether index on the Bombay Stock Exchange ended the day at 15,167.82, up 50.57 points, on account of some buying action witnessed in metal and capital goods stocks.

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