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Monday, 4 May 2015

Stock Market Today 4 May | Indian Stock Market Update | Stocks To Buy Today | Nifty Tips | Sensex bounced over 300 points


Stock Market Today 4 May Indian Stock Market Update  Stocks To Buy Today Nifty Tips  Sensex bounced over 300 points

Sensex bounced 320.59 points or 1.19 percent to 27331.90, and the Nifty up 94.90 points or 1.16 percent to 8276.40.
The Nifty at 8261 rise 79 points or 1.06 per cent. It reach a high of 8292.65 and a low of 8220.45 in trade today.

About 1642 shares have up , 486 shares down , and 113 shares are remain on the BSE.
The market remained advance in morning trade, rising over a percent led by short covering in banking & financials, FMCG, healthcare, select auto and oil stocks.

ONGC and Oil India advanced 3.5-4 percent after finance ministry official said the government will carry entire fuel subsidy from now and cricial oil companies will not have to share fuel subsidies anymore. They see fuel subsidy for entire fiscal at Rs 40,000 crore.

Top Gainers

ONGC , M&M , BAJAJ AUTO, DR. REDDYS LAB , HINDALCO

Stock To Buy

1. Maruti is a 'BUY' call with a target of Rs 3,910 and a stop loss of Rs 3,775 

 

2. BPCL is a 'BUY' call with a target of Rs 800 and a stop loss of Rs 765

 

3. HUL Ltd is a 'SELL' call with a target of Rs 820 and a stop loss of Rs 860

 

4. HDFC Bank Ltd is a 'SELL' call with a target of Rs 955 and a stop loss of Rs 1,016

 

5. TCS Ltd is a 'SELL' call with a target of Rs 2,410 and a stop loss of Rs 2,480