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Tricks and Tips

Sunday 28 December 2014

Markets edge higher; metal stocks shine

stock tips, stock cash ,Shares tips, Equity tips

  • Today Indian Benchmark share indices extended gains following a firm opening led primarily by index heavyweights, information technology and metal stocks.
  • The 30-share Sensex was up 188 points at 27,430 and the 50-share Nifty was up 56 points at 8,257.
  • In the broader market, BSE Mid-cap index is moving in-line with the front-liners with a gain of 0.6% while the Small-cap index is performing marginally lower with a gain of 0.4%.
  • TVS Motor may go upto Rs 275-285.
  • BSE Metal, Power, Realty and Auto indices have gained over 1% and are leading the gains followed by BSE IT, FMCG and Healthcare indices which have gained around 0.9% each.
  • Index heavyweights like Infosys, ITC, mortgage finance lender HDFC and ICICI Bank have gained close to 1% in opening deals.
  • From the IT pack, TCS and Wipro too have gained close to 1%.
  • BHEL has gained over 1% amid media reports that the PSU engineering major is eyeing opportunities in Mozambique and Laos.
  • Sesa Sterlite has gained around 2% while Tata steel  and Hindalco have gained over 1% each. 



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