Friday, November 2, 2012
Market Updates With Stock Tips Today
Market Updates Today :- Stock Market opened on Friday with a gap-up led by gains in Wipro, Hero MotoCorp, M&M and Hindalco on the back of positive cues from global peers. The market is likely to consolidate as the session progresses with stock specific action.
Best Stocks To Watch Today :-
Reliance Industries -The Oil ministry has said that Reliance Industries has cut D6 gas reserves to 3.4 trillion cubic feet from an estimated reserves of 10.3 trillion cubic feet in Dec 2006.
Hexaware- Hexaware is planning to acquire a North American software player that's focused on the manufacturing sector. "The manufacturing market is a large and fragmented but booming, and given our capabilities and SAP portfolio, it offers a lot of potential," CEO, P R Chandrasekhar, said.
NALCO - Department of Divestment has put NALCO disinvestment on fast track. The government aims to auction shares on November 10 via exchange oriented auction. It plans to sell 12.5 per cent stake in the company.
Sterlite Industries - Vedanta Group has asked Odisha government to pay Rs 700 crore towards power bill. Sterlite Industries' thermal power plant in Jharsuguda is supplying 25 per cent electricity to state.
Stock Tips For Today :- Buy RUSHIL DECOR above 290 for target of 295 with stop loss of 282.
Sell BATA INDIA below 850 for target of 840 with stop loss of 865.
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