Indian equity market made a nice positive opening for the first trading session of this week. Indian benchmarks are currently trading up with the hike of 0.40%, where Sensex is live at 28686.91 with the profit of 87.88 points and Nifty is live at 8814.60 with the rise of 34.75 points. All BSE Sectors are trading in positive zone where Small Cap is 0.55% up while Mid Cap is 0.51% up.
Today’s Top BSE Gainers : TCS, ONGC, Adani Ports, IndusInd Bank and M&M
Today’s Top BSE Losers : Bharti Infratel, Maruti Suzuki, Axis Bank Bajaj Auto and Tata Motors(D)
Hot Stocks to Buy Today
- Axis Bank will buy the IFCI’s 13.67% stake in ACRI. The company has made an agreement to buy 73 lakh shares in 31 rupees each.
- QIP/Prefrential Allotment of GMR Infra has approval from the share holders. Company has also got approval to issue the securities up to 2500 crore rupees.
- Welspun India has filed 2 cases on the company’s US subsidiary. This news has made a negative impact on Welspun’s stock and the share’s price may go down further today.
Free Intraday Tips (Monday) : 19th September
Buy IFCI above: 28.56 Targets: 28.65 — 28.76 — 28.88 Stoploss : 28.44
Buy GMR Infra above: 13.83 Targets: 13.90 — 13.98 — 14.06 Stoploss : 13.75
Sell Welspun India below: 57.82 Targets: 57.69 — 57.54 — 57.38 Stoploss : 57.98