Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained ‘buy’ rating on Satyam Computers stock with an intraday target of 446.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 426 with a strict stop loss of Rs 414. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 451.

Stock market analysts have maintained ‘buy’ rating on HCL Technologies stock with an intraday target of Rs 240.

According to them, interested traders can purchase the stock above Rs 236 with a strict stop loss of Rs 233. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 243.
 

The 30-share index BSE Sensex, which opened with a loss of 43.04 points at 14,681.14, continued to trade in the positive terrain on account of good buying action witnessed in index heavyweights.

Bankex and IT index outpaced other segments. The counters gained marginally 1.47% and 1.13% respectively.   

At 11:54 am, the 30-share index Sensex gained 60.09 points at 14,784.27, after touching a high of 14,824.92 and a low of 14,602.12.

Meanwhile the broad based Nifty stood at 4,430.45, up 0.25 points, after hitting a high of 4,447.40 and a low of 4,384.65.

Stock market analysts have maintained ‘buy’ rating on Satyam Computers stock with an intraday target of Rs 417.

According to them, interested traders can purchase the stock above Rs 413 with a strict stop loss of Rs 410. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 419.
 

The Bombay Stock Exchange sensitive index (Sensex) saw a down fall of 369 points which has encountered for the biggest fall in nearly three weeks as it closes below the psychological 15000 level o sustained selling pressure.

Wednesday trading saw a downfall of the 30-share index to 119 points. It further lost 368.94 points on Thursday and finally closed at 14724.18. Thus it really lowered and reached 14686.66.

On the other hand, a downfall in the National Stock Exchange index Nifty was also experienced when it fell by 90.35 points at 4430.70.

The worst performing stock among the Sensex club however was real estate major, DLF, which was pushed by 8.66%.

Karvy Stock Broking Limited has maintained ‘buy’ rating on Chambal Fertilizers & Chemicals stock with an intraday target of Rs 92.

According to Karvy, interested traders can purchase the stock between Rs 83-85 with a strict stop loss of Rs 80. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 94.