Once again market closes at record high and also shows market still have a lot of strength in upside direction. Market is still standing very strong and we should not distract from any who said market trend may change from here on. Little correction is the part of market but for trend change we should have strong evidence on chart or market sentiments which we still not have. RBI policy will be announced tomorrow at 2.30 pm and most of the market sentiments expect that the RBI may increase rate by 0.25 BPS. Any movement or fall in the market will be an opportunity in the market to add stocks in your portfolio. Midcaps and Smallcaps have started to move along with the index which gives you opportunity to choose from variety of stocks. » Read more
After closing at record highs in Monday’s trade the benchmarks indices opened lower on Tuesday, with the Nifty trading below 11,300 mark and Sensex below 37,400. The Sensex is down 100.14 points at 37394.26, and the Nifty down 27.30 points at 11292.20. About 459 shares have advanced, 379 shares declined, and 65 shares are unchanged. Axis Bank, Tech Mahindra, ONGC, Lupin, Power Grid, Dr Reddy’s Laboratories are up 0.5-1 percent, while HDFC, ICICI Bank, Adani Port, L&T, Tata Steel are among the major losers. Avenue Supermarts gained 3 percent after reporting stellar June quarter numbers.
Shares of Avenue Supermarts, the operator of D-Mart, rose over 4 percent on Tuesday morning as investors cheered the firm’s results for June quarter. Idea Cellular declines 5% as CLSA downgrades to sell, cut target to Rs 51. slipped nearly 10 percent in morning trade to hit a fresh 52-week low of 905.20 on the BSE after the operator of low-cost carrier IndiGo, has reported a massive 96.6 percent fall in first-quarter net profit, dented by higher fuel prices and the adverse impact of forex.
STOCKS TO BUY SELL TODAY : 31st JULY (TUESDAY)
BUY ?????? FUT ABOVE 1133 TARGET 1143 WITH SL 1123 TOTAL 7 LOTS
BUY ?????? ABOVE 73 TARGET 75-77 WITH SL 71 TOTAL 10000 SHARES
BUY ?????? FUT ABOVE 1140 TARGET 1150 WITH SL 1130 TOTAL 7 LOTS