3:54 PM - Positive global cues kept the market up today, but it lost quite a lot of its morning gains to profit booking by the end of the day. Sensex closed at 15,395, up 206 points from the previous close. Nifty shut shop at 4572, up 55 points. CNX Midcap and BSE Smallcap indices gained 1% and 1.2% respectively. The day belonged to realty, banking and IT stocks that attracted huge buying interest. Top Sensex gainers include ICICI Bank, Reliance Infrastructure and Bharti Airtel, while losers were Hindalco, BHEL and Reliance Communications, among others.

3:52 PM - One can look at buying fertiliser stocks like Chambal Fertilisers and Nagarjuna Fertilzers on dips, says Sudhanshu Pandey of LKP Shares, on NDTV Profit.

3:50 PM - Largecap IT stocks look fully priced at current levels, says Ambareesh Baliga of Karvy Stock Broking, on NDTV Profit. The brokerage is now looking at midcap IT stocks like Subex, he says.

3:44 PM - Tata Power will face resistance at Rs 1,400, where one is advised to book profits, says Sudhanshu Pandey of LKP Shares, on NDTV Profit. The stock has support at Rs 1,250, he adds. It is now at Rs 1,303.95 on the BSE.

3:39 PM - Ranbaxy seems to be fully priced at current levels, says Ambareesh Baliga of Karvy Stock Broking, on NDTV Profit. Post the open offer, the stock might trade at Rs 480-500, he adds. It is currently trading at Rs 566.60 on the BSE.

3:33 PM - It was a smooth day, though the market closed much lower from the day's highs. Sensex ended the day at 15,397, up 208 points (provisional) from the previous close. Nifty shut shop at 4571, up 54 points (provisional).

3:28 PM - Sell Reliance Capital with a target of Rs 1,097 and stoploss of Rs 1,141, says Rahul Mohindar, technical analyst, as a market closing strategy, on CNBC-TV18.

3:24 PM - Sell DLF keeping a stoploss at Rs 505 and target of Rs 450, says Ashwani Gujral, technical analyst, as a market closing strategy, on CNBC-TV18.

3:23 PM - Exit Nifty longs below 4550, says Rahul Mohindar, technical analyst, as a market closing strategy, on CNBC-TV18.

3:22 PM - Short Nifty with a stoploss of 4620; target of 4450, says Ashwani Gujral, technical analyst, as a market closing strategy, on CNBC-TV18.

3:17 PM - The Nifty has good support at 4450-4500 now, says Ambareesh Baliga of Karvy Stock Broking, on NDTV Profit. Expect the 50-share index to trade in the range 4450-4700 for the next couple of weeks, he adds.

3:10 PM - Angel Broking has maintained 'accumulate' rating on NIIT with a target price of Rs 123, reports CNBC-TV18. The stock is currently trading at Rs 109.60, down 1.8% on the BSE.

3:02 PM - The IT pack, especially largecaps, look good as investment options now, says Manas Jaiswal of Emkay, on NDTV Profit. The BSE IT index has been attracting a lot of buying today and is currently up over 2%.

2:55 PM - The near term looks positive for Praj Industries, says Hemen Kapadia, technical analyst, on CNBC Awaaz. If the stock can sustain above Rs 195, then its next targets will be Rs 208 and Rs 220, he adds. It is currently trading at Rs 197.65, up 6.7% on the BSE.

2:47 PM - Zee News can see 40% upside from the current levels, says Phani Sekhar of Angel Broking, on CNBC-TV18. The company has 14% market share in the Hindi news space and has a strong niche in the regional markets, he explains. It is currently available at attractive valuations, he adds.

2:38 PM - Patel Engineering will face resistances at Rs 426 and Rs 444, says Hemen Kapadia, technical analyst, on CNBC Awaaz. It is advisable to book profits here at higher levels, he says. It has a strong support at Rs 359, he adds. The stock is currently trading at Rs 406, up 6.6% on the BSE.

2:31 PM - India Infoline recommends a buy on GAIL India, with a target price of Rs 483, reports CNBC-TV18. The stock is currently trading at Rs 393.70, up 3.4% on the BSE.

2:23 PM - If the Nifty can sustain above 4563, then one can see it bounce to 4700-4725, says Manas Jaiswal of Emkay, on NDTV Profit. But it will face a strong resistance at 4750, he adds. So at higher levels, one can go short or book profits, he suggests. The brokerage sees the Nifty coming down to 4053 in the next 3-4 weeks, he says.

2:15 PM - PVR can see 40-45% upside from the current levels going forward, says Phani Sekhar of Angel Broking, on CNBC-TV18. The stock is currently trading at Rs 179.50, up 3.2% on the BSE.

2:07 PM - The market is slowly losing its steam. Sensex is at 15,405, up 216 points from the previous close. Nifty is at 4575, up 58 points. CNX Midcap index is now up 1.4% and BSE Smallcap index, up 1.5%.

2:02 PM - L&T should be sold on rallies for now, says Hemen Kapadia, technical analyst, on NDTV Profit. It is in the midst of a bounce and one can book profits at Rs 2,800-2,850, he suggests. There are good chances that it comes down to Rs 2,500 later, where one can buy it for the long term, he says. The stock is currently trading at Rs 2,754.10, up 1.6% on the BSE.

1:55 PM - IFCI has support at Rs 53 and resistance at Rs 62, says Rajat Bose, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 57.75, up 1.3% on the BSE.

1:48 PM - Merrill Lynch likes India from stock picking perspective, says Mark Matthews, from the brokerage, on CNBC-TV18. ML likes select companies in the banking and engineering space in India, he adds.

1:40 PM - Sharekhan has a 'buy' rating on Axis Bank, with a target of Rs 1,150, reports CNBC-TV18. The stock is currently trading at Rs 726, up 3.1% on the BSE.

1:33 PM - Reliance Industries has a strong support at Rs 2,100, says Manas Jaiswal of Emkay, on NDTV Profit. If this breaks, then one will see a sharp selling in the market too, he adds. The stock is currently trading at Rs 2,291, up 1% on the BSE.

1:24 PM - Idea Cellular is a hold for now, says Hemen Kapadia, technical analyst, on NDTV Profit. If it closes above Rs 113, then one will see a pleasant upside, he adds. The stock is currently trading at Rs 110.10, up 1.7% on the BSE.

1:18 PM - The current recovery seen in the market may take the Nifty to 4740, says Hemen Kapadia, technical analyst, on NDTV Profit. The market is expected to remain up for the next 3-4 trading sessions, but after that, it might come back down, he says.

1:09 PM - The market is still trading up, thanks to positive cues from most Asian and European markets. Sensex is currently trading at 15,466, up 277 points from the previous close. Nifty is at 4591, up 74 points. CNX Midcap and BSE Smallcap indices are up 1.8% and 1.7% respectively. Realty, banking and IT stocks are attracting maximum buying. Market breadth is strong with 1,014 advances against 186 declines on the NSE.

1:06 PM - India will be among the least preferred markets in Asia if crude oil prices stay high, says Mark Matthews of Merrill Lynch, on CNBC-TV18. The brokerage expects oil to stay at, on an average, $110-120 per barrel this year, he adds. Concerns with respect to politics and food price inflation is not as high as crude, he says.

12:59 PM - Rajesh Exports will face resistance at Rs 90-91 and above that, at Rs 102, says MB Singh, technical analyst, on Zee Business. But once it crosses Rs 104-105, further strength can take it to Rs 122 or so, he adds. The stock is currently trading at Rs 89.30, up 3.5% on the BSE.

12:51 PM - GMDC has support at Rs 273 and resistance at Rs 346, says Hemen Kapadia, technical analyst, on NDTV Profit. Hold the stock, keeping a stoploss, he suggests. The stock is currently trading at Rs 289.10 on the BSE.

12:43 PM - First quarter earnings will reflect the real impact of inflation and rising crude oil prices, says Sangeeta Purushottam of Religare Securities, on NDTV Profit. One may see a trading bounce in the short term, but the market will get a direction post Q1, she adds.

12:36 PM - BPCL is a sell-on-bounce, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock can go up to Rs 300-310 maximum for now, he adds. It is currently trading at Rs 275, up 3.5% on the BSE.

12:30 PM - Deccan Chronicle has goos support at Rs 100 and seems to be in a rcovery mode, says Hemen Kapadia, technical analyst, on NDTV Profit. So hold on to the stock for now, he suggests. It is currently trading at Rs 125.45, up 0.7% on the BSE.

12:22 PM - Idea Cellular is expected to remain rangebound unless it crosses the resistance levels of Rs 114-117, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. Above this, it can go to Rs 128-130, he adds. The stock has a good support at Rs 100, he adds. It is currently trading at Rs 109.55, up 1.2% on the BSE.

12:15 PM - In the next 3-6 months, Bharti Airtel will be in a sideways trend, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It has good support at Rs 750 and will face resistances at Rs 900 and Rs 980, he adds. It is currently trading at Rs 847.10, up over 4% on the BSE.

12:07 PM - GHCL will face very strong resistance at Rs 91, so one can look at exiting the stock here, says Prakash Gaba, technical analyst, on CNBC Awaaz. It is currently trading at Rs 74.25, up 3.5% on the BSE.

12:00 PM - Sensex is at 15,450, up 261 points from the previous close. Nifty is at 4585, up 68 points. Market breadth is strong, with 981 advances against 198 declines on the NSE.

11:54 AM - Atlas Copco will consider stock buyback on June 25, reports NDTV Profit. The stock is currently trading at Rs 1,077.90, up 20% on the BSE.

11:47 AM - RPL will face strong resistance at Rs 182, but once this is crossed, its next target will be 206, says MB Singh, technical analyst, on Zee Business. As long as the stock holds Rs 160, it is positive, he adds. It is currently trading at Rs 183, up 2.2% on the BSE.

11:40 AM - GAIL has a positive structure on charts and can go up to Rs 415-430, says Prakash Gaba, technical analyst, on CNBC Awaaz. It has support at Rs 365, he adds. It is currently trading at Rs 398.30, up 4.6% on the BSE.

11:32 AM - BHEL will have strong resistance at Rs 1,700, says Manas Jaiswal of Emkay, on NDTV Profit. But once it crosses this resistance, it will turn bullish for the short term, he adds. The stock is currently trading at Rs 1,598.90, up 2.4% on the BSE.

11:24 AM - Steel stocks like Tata Steel and SAIL can give 4-6% upmove, once they cross their resistance levels, says Manas Jaiswal of Emkay, on NDTV Profit.

11:19 AM - Nagarjuna Fertilisers has a target of Rs 55-60, says Prakash Gaba, technical analyst, on CNBC Awaaz. And Chambal Fertilisers can go up to Rs 100, he adds. Nagarjuna is currently at Rs 48.50, up 4.2% and Chambal at Rs 95.80, up over 5%, on the BSE.

11:11 AM - Dr Reddy's is a buy for a target of Rs 775, says Manas Jaiswal of Emkay, on NDTV Profit. The stock is currently trading at Rs 734, up 0.8% on the BSE.

11:02 AM - The market is still trading strong. Sensex is at 15,542, up 352 points from the previous close. Nifty is at 4613, up 96 points. CNX Midcap and BSE Smallcap indices are up 1.8% each. All sectoral indices are trading higher, with IT, banks and realty the most popular. Market breadth is strong, with 988 advances against 147 declines on the NSE.

10:55 AM - There's short term weakness on Sterlite Industries' charts and it can fall to Rs 725, says Prakash Gaba, technical analyst, on CNBC Awaaz. It is currently trading at Rs 791.20, up 2.7% on the BSE.

10:47 AM - Idea Cellular has support at Rs 100 and will face resistance at Rs 115, says Prakash Gaba, technical analyst, on CNBC-TV18. Above Rs 115, the stock looks good, he adds. It is currently trading at Rs 110.40, up 2% on the BSE.

10:40 AM - ICICI Bank can go up to Rs 795-800, says Manas Jaiswal of Emkay, on NDTV Profit. But it will face strong resistance at Rs 810-820, he adds. The stock is currently trading at Rs 792.55, up 3.6% on the BSE.

10:33 AM - Reliance Communications has support at Rs 525 and can go up to Rs 575 today, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 544.50, up 0.2% on the BSE.

10:26 AM - If Ranbaxy breaks Rs 525, then exit the stock and if it sustains above that, then hold with a trailing stoploss, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 577.50, up 1.9% on the BSE.

10:19 AM - The downside risk in SBI is minimum, while upside is attractive, says Simi Bhaumik, technical analyst, on NDTV Profit. One can buy it partly at current levels, and partly at dips, she suggests. The stock is currently trading at Rs 1,358, up 1.8% on the BSE.

10:11 AM - GHCL can bounce to Rs 90-91, but the trend will change only if it closes above Rs 98, says Manas Jaiswal of Emkay, on NDTV Profit. The stock is currently trading at Rs 74.25, up 3.5% on the BSE.

10:03 AM - Dishman Pharma has support at Rs 290 and will face resistance at Rs 325-335, says Simi Bhaumik, technical analyst, on NDTV Profit. One can continue to hold the stock as its medium term trend is firm and above the resistance levels, it can give good returns, she says. It is currently trading at Rs 309.25, up 0.8% on the BSE.

9:57 AM - The market has opened higher on Monday. Sensex is at 15,410, up 221 points from the previous close. Nifty is at 4583, up 66 points.

9:51 AM - The market may open in the positive terrain, says an NDTV Profit Opinion Poll. Nifty range is expected to be 4470-4645. Stocks to watch are Chambal Fertiliser and big steel stocks. Sell Mahindra & Mahindra and Reliance Communications may also see some selling pressure, say dealers.

9:49 AM - BHEL is a buy on dips or even at current levels, says Simi Bhaumik, technical analyst, on NDTV Profit. The stock has a short term target of Rs 1,700-1,750, she adds. It is at Rs 1,561 on the BSE.

9:44 AM - The market may have a gap-up opening today and the Nifty may cross the resistance levels of 4560-4566, says Rajat Bose, technical analyst, on CNBC-TV18. Above this, the next levels to watch out would be 4610-4625, he adds.

9:38 AM - One can continue to hold Uttam Galva as it is still holding above its support levels of Rs 38-35, says Simi Bhaumik, technical analyst, on NDTV Profit. So for now there is no weakness in the stock, but it will face resistance at Rs 45-47, she adds. The stock is at Rs 40.20 on the BSE.

9:32 AM - It is important for the Sensex to cross the resistance of 15,600, says Prakash Gaba, technical analyst, on CNBC Awaaz. If it sustains above this, then one can say the worst is over, he adds.