Stock markets are really fun. Investors just need to have the necessary awareness on finance and how things work in the stock market.
•Indian markets ended up. Nifty & Sensex up by 0.31% & 0.40%.
•Asia-Pacific mkts mixd. Hang Seng mkt closed & Nikkei up 1.07%.
•Wall St up. German Manufacturing PMI 57.5%. Dow Fut up 20 pts.
Indian market after a strong upmove ended on a firm note supported by heavy buying of Auto and Metal shares ahead of the Union budget, due on 10th of July. The Midcap was up by 0.4%, whereas small-cap index outshined, up by 1.0%. Sensex picks up by 102 pts by 25516 and Nifty went up by 23 pts by 7634. European markets traded up.
Stock Tips for Today:
•BUY IRB INFRA (LCP-235.2) ABOVE 237 TG-240-244
•BUY HDIL (LCP 102.55) ABOVE 103.5 TG-105-107.5
•BUY ZANDU REALTY (LCP 1273.8) ABOVE 1277 TG-1287-1300
•BUY WABAG (LCP-1373.3) ABOVE 1375 TG-1385-1398
Stock Market Live Updates:
The Sensex was up 202.65 points or 0.79%, up about 60 points from the day's low and off close to 15 points from the day's high.
Shares of India's Apollo Hospitals Enterprises Ltd gain as much as 3.4 percent after Citigroup raises its price target for the company to 1,140 rupees from 960 rupees, with a 'buy' rating on the stock.
Most IT stocks rose on positive economic data in US, the biggest outsourcing market for the Indian IT firms. With small gains, shares of Bajaj Auto hit record high after the company reported increase in sales volumes for the month just gone by.
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