Tag Archives: Share Market Updates

Stock Intraday Tips For Tomorrow: 12th July

Market ended higher by almost 2% with the Nifty index hitting the highest mark since August, 2015, supported by strong global cues as stronger-than-expected US jobs report suggested that recovery in the world’s largest economy was back on track. The Sensex zoomed 500 points to end at 27,627, the highest level since August 20, 2015. The Nifty50 surged 145 points to close the session at 8,468 after hitting an intra-day high of 8,475, its highest level since August 19, 2015.Asian and European markets enjoyed a relief rally on Monday as upbeat US jobs data lessened immediate concerns about the health of the world’s largest economy, while the long-run fallout from Brexit kept sovereign yields near record lows.

Stock Intraday Tips For Tomorrow: 12th July

Buy BALPHARMA above 106.50, Intraday targets are 107.50, 108.50 and 109.50, Stop loss at 104.50
Sell TRIGYN below 118, Target for intraday trading are 117, 116 and 115 level, stop loss at 120
Buy VENUSREM above 101, Intraday Target levels are 102, 103 and 104, Stop loss at 99.

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How Brexit will affact Indian Equity Market

The Indian equity market managed to close higher due the return of buying trend in US and Asian markets. The 30-share BSE index Sensex rose by 100 points to 26625 and the 50-share NSE index Nifty is closed with a gain of 29 points to 8170.

Brexit Impact

Impact on Indian Stock Market

Market is worried of Brexit. Brexit mean the referendum that is scheduled to keep UK out from European Union. The referendum to be held on June 23 to decide that UK will remain in European Union or not. Experts are assuming that if UK will out from European Union than all financial market of world will fall.

Brexit is huge event for the markets and if it happen than it will definitely have a great impact on the markets for short term . Brexit case is not like Lehman Brothers. Brexit could be an opportunity for Indian investors to buy on lower levels. If stock market fall due to Brexit than it will be a great opportunity for long term investors.