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Friday, 9 May 2014

Nifty ends flat note, BHEL up 3.76%, 09 May Friday nifty trading call on tomorrow

The market nifty ended a choppy session on a positive note, in despite slow-down in inflows from foreign institutional investors while the profit booking by the domestic investors are likely to keep the market quiet till election result are out. 

The BSE Sensex index was closed 20.14 points or 0.09% up at 22344.04, it touched a high of 22443.13 and low of at 22277.04. 

The 50-share nifty index was closed 7.30 points or 0.11% up at 6659.85, it touched a high of 6688.40 and touch a low of at 6638.55. 

The S&P BSE Capital goods index was up 0.39%, IT index was up 0.24%, Bankex index up 0.74%, Auto index was gains 0.58%. 

The S&P BSE FMCG index was down 0.80% and Oil & gas index was falls 0.21%. 

BHEL 3.76%, HCL Tech 1.83%, Tata motors 1.72%, Power Grid 1.66%, Cipla 1.41%, Hindalco 1.41%, ICICI bank 1.37%, Axis bank 1.13%, Bank of baroda 1.03%, maruti 1.00% were among top nifty gainers today. 

BPCL 1.85%, Hero motocrop 1.36%, ITC 1.34%, Lupin 1.18%, Bharti Airtel 0.96%, Jindal steel 0.91%, Ambuja Cements 0.90%, Sun Pharma 0.86%, Indusindbk 0.63%, NTPC 0.56% were among top nifty losers today. 

Tomorrow 09 May nifty future stock trading call 
BUY Bharti Airtel with targets 311/312/313 and Stop loss 302 
BUY NTPC with targets 118.10/118.60/119.10 and Stop loss 112 
BUY Jindal steel with targets 242/243/244 and Stop loss 232

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