Indian Equity market gave a nice positive opening for the first trading session of this week. Sensex is currently live at 28154.78 with the rise of 76 points and Nifty is Currently live at 8703.65 with the hike of 20.50 points.
In Hot Stock Updates –
>> The Ankaleshwer plant of Wockhardt has got an alert from USFDA. The Ankleshwer plant of Wockhardt is charged for not to complete the fixed standards, which is seriously not a good news for Wockhardt stocks.
>> Jindal Steel & Power Limited (JSPL) had received an order to supply 1.5 lakh ton of Rail tracks. The first lot of Rail has already left for Iran from the Aligarh of JSPL. This news gave a positive impact to the company’s stocks.
>> The promoters of Venus Remedies has got approval from board to release convertible warrants. The convertible warrants will be imposed through preferential issues. The stocks of Venus remedies took a big jump today and currently trading up with the hike of 8.81%.
>> Caplin Point Laboratories Point has got approval from the boards to split the 1 share into 5. Company’s stock jumped up around 4% after the announcement.
>> The Europe’s subsidiary of Dr. Reddy’s will import the medicines from India. The company has got approval from CDSCO to import 15 medicines for 3 years. Dr. Reddy’s stock has gained 1.17% after the approval.
As per the Market Prediction and Technical chart we had posted on Friday, Nifty Market trend is expected to be Bullish for today. For More Updates on today’s market trend please visit Free Intraday Tips.
Free Intraday Tips for Today 8th August
Sell Wockhardt below: 915.06 Targets: 907.97 — 900.45 — 892.96 Stoploss : 922.64
Buy Venus Remedies above: 91.04 Targets: 91.20 — 91.40 — 91.59 Stoploss : 90.84
Buy JSP above: 83.27 Targets: 83.41 — 83.60 — 83.79 Stoploss : 83.08
Buy CPL above: 1242.56 Targets: 1250.76 — 1259.62 — 1268.51 Stoploss : 1233.77
Buy Dr Reddy’s above: 3038.77 Targets: 3051.04 — 3064.86 — 3078.71 Stoploss : 3025.00
Today’s Top Gainers– Hindalco, BPCL, Bosch, Lupin, Tata Motors (D), Tech Mahindra, BHEL, Reliance, Maruti Suzuki and HDFC
Today’s Top Losers – Idea Cellular, Bharti Airtel, Bharti Infratel, Tata Steel, Sun Pharma, Ambhuja Cements, NTPS, UltraTech Cements, Hero Motocorp and HCL Tech.