Sensex Gains 105 Points In Early Trading

Mumbai: On BSE Sensexrapid buying by funds in heavy-weight stocks led by cement sector, the BSE Sensex soared by more than 105 points in early trade. Select stocks from cement, banking, telecom and pharma traded strong while auto stocks led the declines.
The BSE-30 share index, Sensex, which had vanished more than 70 points on yesterday’s closing, rise dramatically by 105.98 points at 14,537.04 in the first five minutes of trading. In the same way, the wide-based National Stock Exchange's index Nifty shot up by 42.45 points at 4,291.40.

Shiv Sena In No Mood To End Coalition With BJP

Shiv Sena chief Bal ThackerayMumbai: The Shiv Sena cleared up that it did not wish to cease its grouping with the Bharatiya Janata Party (BJP) over the president selection matter. On Monday night, the political party made a decision to back up the UPA applicant Pratibha Patil as she was a woman and a Maharashtrian.

BSE Consumer Durables Index Hits All-Time High

BSE Consumer Durables closed at its all-time high of 4,216 after gaining 52.71 points, or 1.27%.

The index also hit a peak of 4,261.51 during the day.

The components taking the index to achieve its all-time high were Titan Industries, which climbed up 3.92% to Rs 1329.40, Rajesh Exports that arose 0.13% to Rs 525.85, Gitanjali Gems benefited 0.37% to Rs 204.20 and Lloyd Electric gained 3.92% to Rs1329.40.

In BSE Consumer Durable index, Titan Industries, Rajesh Exports, Gitanjali Gems and Lloyd Electric showed high weightages of 34.01%, 8.14%, 5.03% and 4.03%, correspondingly.

CPI Panel Backs Panel Reports On Suspension

New Delhi: Communist Party of IndiaYesterday, the central committee of the Communist Party

AIA Engineering At 52-Week High

AIA Engineering LimitedToday, AIA Engineering has touched its 52-week high of Rs 1,718. At 12:31 pm, the share is trading at Rs 1,685.50, up Rs 83.95, or 5.24%.
The scrip is trading with volumes of 95,302 shares. Yesterday the share closed after gaining 0.20% or Rs 3.20 at Rs 1,601.55.

Market May Remain Volatile – Ashwani Gujral

Ashwini GujralThe stock market (BSE) has followed the same volatile pattern once more. It remains strong throughout the week, and analysts have suggested a strong resistance level at 14595.
The support for the Sensex is at 14425, and the resistance to the up move at 14526-14540-14584-14594. On the other hand, the support for the Nifty is at 4236 and resistance to the up move at 4286-4290-4322.
According to Ashwani Gujral the Nifty would trade in a higher place at 4,300, before any major rectification kicks in.

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News in Focus

Shrikant Chouhan: BUY Reliance Industries and JK Paper

Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Call for today’s trading session.

Mitessh Thakkar: BUY Apollo Tyres, SBI; SELL Tech Mahindra and REC

Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today but we can have a volatile session.

China decides to exempt plug-in cars from purchase taxes for one more year

China, the world’s largest car market with a great potential in the field of electric mobility solutions, has announced extension of government support for New Energy Vehicle (NEV) market for one m

Varun Dubey: BUY Hindalco, Hero MotoCorp; SELL Astral and Intellect Design

Market expert Varun Dubey has suggested two BUY Calls and two SELL Calls for today’s trading session.

Kushal Gupta: BUY SBI Life, Maruti Suzuki; SELL Infosys, Tata Motors and MindTree

Market expert Kushal Gupta has suggested two BUY Calls and three SELL Calls for today’s trading session.