Market States

Tuesday, 8 March 2016

Asian Market Latest News And Updates:8 March 2016

Asian Market Updates:
Asian Market Plunged in Morning, Shanghai 3% down…Currently, the Nikkei 276 to 16,635 points, or 1.66 per cent fall after being traded. Straits Times remains at 0.68 per cent since 2804 . Hang Seng by 1.10 per cent
Taiwan remains at 0.78 per cent and is trading at 8596. Kospi by 1.10 per cent to 1,936 and they continued sluggishness. Around 3 per cent fall in China’s Shanghai Composite was 
trading .
Crude up, Gold Glitters. Gold Glitters because of Seen South word moment in Dollar. Commex reaches near 1270 dollar where short supply in crude has seen upward trend. Brent crude up by 5% and doing business near about 40$/barrel

Here We Talk About Today’s Top Stocks Which Are Market’s Eye.

  • Infosys / TCS / Tech Mahindra : According to the UK from March 18 to increase visa fees for Infosys / TCS / Tech Mahindra will be affected.
  • Elicon Engineering : Elicon Engineering got a order of rs 225 crores to make Marine Gearbox from Garden Reach Shipbuilders
  • Siemens: Siemens board has approved to sell its healthcare business in rs 3050
  • Vedanta: Moody's lowered the rating of Vedanta has to B and has a negative outlook. Moody’s lowred the ranking of Vedanta (B2) and kept Outlook Negative.
  • Ajanta Pharma:  Ajanta farma has received approval for migraine from USFDA..
In Nifty 7500 Level Is Important
  • According to Market Nifty can be buy and trend of 7500 is very important for today’s business the nifty range from 7400-7550 can be seen where stop loss should be 7375.
  • For Bank nifty 14800-15500 level is important and can buy over 15500. It is recommend to be careful in market  and in small share can move up while metal shares are strong.
  • FII Purchased 671.57 in cash and DII sold in 533.10 in cash.

Today's Stock Trading Tips..

  • Apollo Tyres: Buy - 170 goals - 178, stoploss - 168
  • Elecon Engineering: Buy - 52.75, target - 55 stoploss - 52
  • Merck: Buy - 11.11, target - 12 stoploss - 11
  • JSPL Buy: - 63.15, target - 66 stoploss - 63
  • BPL buy - 29, the target - 30.50, stoploss - 28.75
  • Vedanta Buy: - 87.25, target - 90 stoploss - 87
  • Tata Steel: Buy - 288 goals - 295, stoploss - 285
  • Hindalco: Buy - 79.35, target - 82 stoploss - 79
  • Mko Buy: - 27.25, target - 32 stoploss - 27
  • Yes Bank: Buy - 759 goals - 775, stoploss - 755
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