1:58 Sify Finance PM: Buy Oriental Bank for the target prices of Rs 332/335/Higher with a stop loss of Rs 332.80: ICICIDirect
1:47 Sify Finance PM: Hold Glenmark Pharmaceuticals for medium term gains.
Fresh buying can be considered at sharp declines. For short term, keep a stop loss around Rs 725.
1:11 Sify Finance PM: Buy TVS Motors for the target prices of Rs 258.50/261/Higher with a stop loss of Rs 251: ICICIDirect
12:48 Sify Finance PM: Reliance Capital (Rs 502) is a good one for long term. Buy at declines.
Keep a stop loss near Rs 450.
11:56 Sify Finance PM: After falling from higher levels, key Indian stock indices Sensex and the Nifty regained some lost ground, but have been moving in a tight band around previous closing levels amid lackluster trades this morning.
Select bank, capital goods, power, healthcare and information technology stocks are up in positive territory with notable gains. Realty, power and metal stocks are mostly flat, while FMCG and oil stocks are weak.
The Sensex is down 41 points or 0.14% at 27,167.61. The Nifty index of the National Stock Exchange is down 4.30 points or 0.05% at 8169.80.
Punjab National Bank is up 1.7% after the bank said its board approved seeking shareholder approval for raising of equity capital.
11:12 Sify Finance PM: Buy Sonata Software for the target price of Rs 148: Firstcall
10:25 Sify Finance PM: After a positive start, the Indian stock market retreated and shed some gains with investors trimming down positions at higher levels.
While a recent report from the U.S. showing the world's largest economy to have grown much more than expected in the third quarter is aiding sentiment, data showing fairly heavy selling by foreign investors in the previous session appears to be weighing on the market.
The BSE benchmark Sensex is down 47.01 points or 0.16% at 27,161.60, after having declined to 27,097.63 from an early high of 27,370.63. The Nifty index of the National Stock Exchange is up 2.35 points or 0.03% at 8176.45. Earlier, after rising to 8234.55, the Nifty declined to 8147.95.
10:05 Sify Finance PM: Buy APOLLO HOSPITALS for the target price of Rs 1258: Firstcall
9:22 Sify Finance PM: Trading got off to a positive start on the Indian bourses this morning, with some key stocks from banking, capital goods, power, metal and IT sectors edging higher.
The Sensex is up 125 points or 0.46% at 27,333.70 and the Nifty is up 40 points or 0.5% at 8214.10.
9:11 Sify Finance PM: The Indian stock market is likely to open on a slighly positive, but cautious note this morning.
Some positive reaction is likely to the government's move on e-auctioning of coal mines and the ordinarnce on hiking FDI in insurance.
Data showing some heavy selling by foreign investors on Wednesday could hurt a bit.