Stock Trading

Sensex Heads Towards 15000 Mark

The BSE Sensex continued its positive journey as it witnessed heavy buying activity in banking, power and realty stocks.

Moreover, it also touched its one month high during the initial trading session.

At 12:10 p.m., Sensex stood at 14,738.23, up 634.03 points, whereas the broad-based NSE Nifty gained 179.6 points, at 4,421.10.

The market breadth was extremely positive as it experienced 2,044 progressions as against 370 declinations.

All sectoral Indices were trading in positive, led by BSE Bankex, which gained 8.22%, Realty profited 7.60%, and Power surged 6.78%.

Most active counters in the 30-share index were ICICI Bank that rose 10.29%, Reliance Communication gained 10.09%, Reliance Infra surged 9.95%.

PGCIL Intraday Buy Call

As per views of stock market experts, investors can purchase PGCIL (Power Power Grid Corporation of India (PGCIL)Grid Corporation of India) stock above Rs 95, in order to achieve an intraday target of Rs 97.5.

The stop loss for the suggested counter is Rs 94.2. The stock pricing becomes more attractive, and reach above Rs 99.5, if the stock markets remain positive.

Stock Market May Touch Upper Circuit Today, Says Vishwas Agarwal

The BSE Sensex marked its closure on a strong note on Tuesday (July 22) Stock Market May Touch Upper Circuit Today, Says Vishwas Agarwalfollowing hope that the UPA Government will win the trust vote of confidence.

If all goes fine, the early election will not happen in India and there will be some advancement in N-deal.

Heavy buying activity was seen in FMCG, Power, Metal and Banking stocks, while auto index was under selling pressure.

Sensex Maintains Strength

The BSE Sensex, which shed most of its gains during the last trading Sensex Maintains Strengthsession, continued to trade in the positive zone as it saw heavy buying action in stocks including Metal, Power, FMCG and Power gained ground while auto went down.

At 12:55 p.m., the BSE Sensex stood at 14,096.04, up 246.00 points after touching a high of 14,206.13, whereas the broad-based NSE Nifty gained 85.1 points to trade at 4,227.10.

The market breadth was extremely positive as it experienced 1,738 progressions as against 618 declinations.

Stock Market Fate Depends On Result Of Confidence Motion, Says Vishwas Agarwal

The BSE Sensex made a late surge during the day (July 21) by profiting Stock Market Fate Depends On Result Of Confidence Motion, Says Vishwas Agarwalmore than 200 points at close. The market was trading on a strong note amidst volatility.

Indian equities, expanding the dream rally of Friday, opened positively following firm worldwide cues. But the stock market was not capable of holding its head high in positive zone and shortly slipped into the negative terrain on concern of continuing political havoc in the country.

Sensex Up 180.81 Pts; Banking Stocks Lead Rally

The 30-share BSE Sensex continued its positive journey on the back of Sensex Up 180.81 Pts; Banking Stocks Lead Rallyheavy buying activity witnessed across board.

BSE Midcap gained 0.08%, while Smallcap fell 0.29%.

At 12:00 noon, the BSE Sensex stood at 13,816.21, up 180.81 points, whereas the broad-based NSE Nifty gained  49.15 points to trade at 4,141.40.

All sectoral indices were trading positively excluding BSE Consumer Goods and Consumer Durables.

The market breadth was positive as it experienced 961 progressions as against 1,181 declinations.

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