Social Icons


Tuesday, September 4, 2012

Share Market Trading Strategy-Nifty Outlook for Tomorrow 5 Sept

Share Market Closing Status, Nifty Intraday Trend, Nifty Futures Levels, NSE BSE Tips, Nifty Outlook, Best Stock Picks For Tomorrow 5 September
Today Indian stock market opened on a weak note amid mixed cues from Asian markets. Markets traded rangebound today despite some buying pressure in the noon. The BSE Sensex, declined to 17,308.27 after a weak start and ended the session with a gain of 56.47 points at 17,440.87. It made a high of 17,452.70 today. The NSE Nifty shut shop at 5274, up 20.25 points around 20 points off the day's low.
The Indian investment banks have upgraded by Goldman Sachs. Punjab National Bank to "buy" from "neutral", and Bank of India and Union Bank of India to "neutral" from "sell", citing attractive valuations.

HOT STOCKS: GAIL India with a strong gain of 2.6%. Jindal Steel with 2.5% and Reliance Industries gained nearly 2% and also Tata Motors, Tata Steel, State Bank of India, Hindustan Unilever, BHEL, Maruti Suzuki and Bharti Airtel gained 1% - 1.8%. ICICI Bank, Dr Reddy's Laboratories, Larsen & Toubro, NTPC and Mahindra & Mahindra also ended on a positive note.

No comments:

Post a Comment

Free Trial