• Indian markets ended green. Nifty and Sensex up by 0.23% and 0.17%.
• Asia-Pacific markets down. Nikkei down by 1.45% and Kospi down by 1.38%
• Wall Street down.USD Core PPI m/m at 0.2%. Dow futures down by 152 pts.
Indian markets edged higher continuing bullish rally. On sectorial front FMCG, Capital goods, Healthcare stocks and reality stocks supported the market while Metal, Tec. and Auto stocks lost the ground. European markets traded down.
Sensex up over 100 pts, Nifty hits 8550; Wipro gains 6%
the market has started the week with a bang. The Sensex is up 174.17 points or 0.6 percent at 28296.06 and the Nifty is up 36.25 points or 0.4 percent at 8550.05.
About 522 shares have advanced, 133 shares declined, and 230 shares are unchanged. Wipro gains 6 percent while Hindrance, HDFC Bank, Sesa Sterlite and ONGC. Dr Reddy's Labs and M&M are among losers in the BSE.
The Indian rupee continued its upward momentum on Monday as it opened higher by 23 paise at 61.64 per dollar versus 61.87 Friday.
Stock recommendation for 19/1/2015 is Lichsgfin Ltd. In today’s trading session it was up by 4.48%. Its long term trend is up. On the daily chart, it has given upside breakout and it is continuously up. Stochastic and RSI has also given buying confirmation. On daily chart its short term support level is 470. All the indicators are suggesting that one can go for long position in this stock above 492 levels. The stock may test level of 510-530 in coming days.
Our recommendation on Lichsgfin ltd. is LONG above 492 levels for tgt of 500-510.
Intraday Stock Cash Tips
• BUY WHEELS IND (LCP-1123) ABOVE TGT 1165-1175
• BUY YES BANK (LCP 810) ABOVE TGT 815-810 (LCP 802.65)
• BUY WOKHPHARMA (LCP-1042.30) ABOVE 1043 TGT 1050-1057
• BUY HATHWAY CABLE (LCP 66.05) ABOVE TGT 68.8-71
Money CapitalHeight is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock and share market tips. Visit our Site www.capitalheight.com for accurate stock tips, commodity tips, mcx tips, stock cash tips & Premium services or call at 0731-6615050, 9993066624.