SHARE MARKET TIPS TODAY-07-Dec
BUY Sun TV Network Ltd. with a target of 305.
Buy Axis Bank with a target of Rs 1075 and stop loss of Rs 992. The stock is currently trading at Rs 1039, up 1% on the BSE.
Sell Reliance Power with a target of Rs 80 and stop loss of Rs 92. The stock is currently trading at Rs 89.40, up 1.4% on the BSE.
Buy IFCI with a target of Rs 29.50 and stop loss of Rs 24. The stock is currently trading at Rs 26.05, up 3.4% on the BSE.
Cairn India has 2.43 crore shares, which is 1.3% of its equity, change hands in one block deal. The stock is currently trading at Rs 328.75, up 2.5% on the BSE.The Indian market opens for trade this morning on a flat and quiet note. Earlier, the US markets ended flat with the Dow up 52 and Nasdaq down 6 odd points while Asia is in the green at this hour. Sensex is trading at 16808, up 4 points from its previous close, and Nifty is at 5040, up 2 points. CNX Midcap index is up 0.4% and BSE Smallcap index is up 0.04%. The market breadth is positive with advances at 397 against declines of 217 on the NSE.
