3:46 PM - The market had a positive start, but ended negative. Sensex closed at 15,422, down 274 points from the previous close. Nifty shut shop at 4582, down 70 points. CNX Midcap index lost 1.2% and BSE Smallcap index, 0.2%. Yesterday's heroes like realty, banking, capital goods and IT stocks were the laggards today. Biggest Sensex losers include ICICI Bank, L&T and HDFC Bank, while gainers were Ambuja Cements, Ranbaxy and Grasim, among others.

3:41 PM - The market may see even lower levels tommorrow, subject to global cues, says Vijay Bhambwani, technical anlayst, on CNBC-TV18. Even if they are neutral, the Indian market may be down, he adds.

3:33 PM - It was a good start, but the market gave in to profit booking by the end of the day. Sensex ended at 15,390, down 306 points (provisional) from the previous close. Nifty shut shop at 4570, down 82 points (provisional). Market breadth also turned weak by the end of the day, with 523 advances against 732 declines on the NSE.

3:27 PM - Hold Nifty short if initiated earlier with stoploss of Rs 4637, says Rahul Mohindar, technical anlayst, as market closing strategy, on CNBC-TV18.

3:25 PM - Sell Reliance Industries, with a target of Rs 2,240, says Rahul Mohindar, technical anlayst, as market closing strategy, on CNBC-TV18.

3:19 PM - Sharekhan recommends Orchid Chemicals with a target price of Rs 300, reports CNBC Awaaz. The stock is currently trading at Rs 250.30, down 0.2% on the BSE.

3:10 PM - Karvy Stock Broking has an 'outperformer' rating on Fame India with target price of Rs 64, rpeorts CNBC-TV18. The stock is currently trading at Rs 54, up 1.4% on the BSE.

3:00 PM - Sensex is currently trading at 15,483, down 213 points from the previous close. Nifty is at 4596, down 56 points. CNX Midcap index is down 0.4%, while BSE Smallcap index is up 0.4%.

2:53 PM - Religare can go up to Rs 480-485, where one can book profits, says Rajkishore Bang, technical analyst, on CNBC Awaaz. If you want to re-enter, then wait for levels like Rs 375-380, he adds. The stock is currently trading at Rs 412, up 2.3% on the BSE.

2:45 PM - Angel Broking recommends accumulating Bosch India for a target price of Rs 4,336, reports CNBC-TV18. The stock is currently trading at Rs 3,830, down 1.1% on the BSE.

2:36 PM - The market seems ranged for now, but much of the froth is out, says Shyam Bhatt, AVP Investment of Principal Mutual Fund, on CNBC-TV18. Going forward, one should not expect any surprises in Q1 numbers, he says. The MF house is underweight on real estate, pharma and FMCG, he says.

2:29 PM - HDFC Mutual Fund advises retail investors to invest at every dip in the market, reports NDTV Profit. The MF house expects superior returns in 15-18 months from the Indian markets. Indian markets are getting closer to fair value now, it says.

2:21 PM - CLSA has a 'buy' rating on ONGC, with a target price of Rs 1,025, reports NDTV Profit. The stock is currently trading at Rs 879.85, down 0.5% on the BSE.

2:13 PM - MF Global has a 'buy' rating on Tata Power, with a target price of Rs 1,562, reports CNBC-TV18. The stock is currently trading at Rs 1,298.90, up 0.2% on the BSE.

2:03 PM - India Infoline has a 'buy' rating on IDFC, with a target price of Rs 200, reports CNBC-TV18. The stock is currently trading at Rs 135.30, down 2.2% on the BSE.

1:53 PM - European markets are trading lower and same is the case with the market back home. Sensex is now at 15,498, down 198 points from the previous close. Nifty is at 4611, down 41 points. CNX Midcap index is also down 0.1%, while BSE Smallcap index is up 0.7%. Banking, IT and realty stocks are facing significant selling pressure.

1:46 PM - Unless the crude oil price falls below $ 119 per barrel, expect it to stay firm, says Rajat Bose, technical analyst, on CNBC Awaaz.

1:35 PM - Credit Suisse has an 'outperformer' rating on Simplex Infrastructure and a target price of Rs 557, reports NDTV Profit. The stock is currently trading at Rs 492, up 1.3% on the BSE.

1:32 PM - Idea Cellular is among the best medium to long term bets in the telecom space, says market expert, Ashok Ajmera, on Zee Business. One can buy some of it now and some at a lower price, considering that the market may go down again, he suggests. The stock is currently trading at Rs 110, up 0.2% on the BSE.

1:23 PM - The spurt that one had seen in Bombay Dyeing was largely due to its real estate news, says market expert, Ashok Ajmera, on Zee Business. Otherwise, one is seeing pressure on the company's margins, he says. So one can just hold the stock for now and wait for the market to move higher; it may rise a little too, he suggests. The stock is currently trading at Rs 752.10, down 1.5% on the BSE.

1:15 PM - The market is expected to move down again, so one should select fundamentally sound stocks and buy them in a staggered way at every fall, says market expert, Ashok Ajmera, on Zee Business. Also, invest for the long term to gain more, he suggests.

1:08 PM - The sell-off in banking and realty sectors is overdone, says C Jayaram of Kotak Mahindra Bank, on NDTV Profit. Valuations for the pharma pack looks attractive at current levels, he says.

1:00 PM - The market is trading close to the day's low. Sensex is at 15,592, down 104 points from the previous close. Nifty is at 4636, down 16 points. But market breadth is positive with 826 advances against 397 declines on the BSE.

12:51 PM - The Sensex is unlikely to go below 14,500-14,000, says C Jayaram of Kotak Mahindra Bank, on NDTV Profit. The bank has a year-end target of 18,000 on the Sensex, he says. He sees the market rangebound between 14,500-17,500 for the coming days.

12:43 PM - RPL has strong support at Rs 170-175 and one can buy it for a target of Rs 210-220, says Rajesh Jain of SMC Global, on NDTV Profit. The stock is currently trading at Rs 186.55, up 0.4% on the BSE.

12:36 PM - HDFC Securities has a 'buy' rating on Tanla Solutions, with a price target of Rs 485, reports CNBC-TV18. The stock is currently trading at Rs 270, up 1.8% on the BSE.

12:26 PM - Reliance Capital has support at Rs 1,050-1,100 and resistance at Rs 1,350-1,400, says Rajesh Jain of SMC Global, on NDTV Profit. One can book profits at the resistance level and stay away from it for now, he suggests. The stock is currently trading at Rs 1,197, up 2.6% on the BSE.

12:19 PM - Asian Electronics is oversold on the short term charts and is just showing a bounce now, says Rajesh Jain of SMC Global, on NDTV Profit. It will face resistance at Rs 170-175, where one should quit the stock, he suggests. It is currently trading at Rs 126.40, up 1.7% on the BSE.

12:10 PM - SAIL will face resistance at Rs 180-185, where one can book profits, says Rajesh Jain of SMC Global, on NDTV Profit. It has support at Rs 145-150, he adds. The stock is currently trading at Rs 169, up 1% on the BSE.

12:03 PM - Sensex is currently trading at 15,691, down 5 points from the previous close. Nifty is at 4661, up 8 points. CNX Midcap index is up 1.3% and BSE Smallcap index, 1.8%.

11:59 AM - Dr Reddy's can be a good buy at its support levels of Rs 630-640, says Rajesh Jain of SMC Global, on NDTV Profit. The stock is in an uptrend, but will face resistance at Rs 740-750, he adds. Keep a stoploss at Rs 600, he suggests. It is currently trading at Rs 702, down 0.9% on the BSE.

11:52 AM - One can continue to hold Sasken Communications for now, for a target of Rs 200 plus, says Rajesh Jain of SMC Global, on NDTV Profit. It has support at Rs 110-100, he adds. The stock is currently trading at Rs 166.30, up over 4% on the BSE.

11:45 AM - The market is seeing a counter rally for now, says Rajesh Jain of SMC Global, on NDTV Profit. But the Nifty will face a lot of resistance between 4650 and 4800, he adds.

11:38 AM - PVR has the potential to go up to Rs 230-240, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. But it might face small resistances at Rs 195-202 or so, he adds. The stock is currently trading at Rs 187.75, up 2.4% on the BSE.

11:30 AM - Emkay has kept 'buy' rating on McNally Bharat, with a target of Rs 255, reports CNBC-TV18. The stock is currently trading at Rs 158.50, up 3.2% on the BSE.

11:21 AM - Any good moves in the oil marketing companies should be used to book profits, says Rajat Bose, technical analyst, on CNBC Awaaz. Their gains may not be sustainable, he explains.

11:13 AM - Ambuja Cements now has a target price of Rs 105-110, says E Mathew, technical analyst, on CNBC-TV18. And if the strength cotinues, then it can also move up to Rs 117-118, he adds. The stock is currently trading at Rs 90.50, up 4.6% on the BSE.

11:06 AM - The market could no hold on to its morning gains and is not trading largely flat. Sensex is currently at 15,667, down 29 points from the previous close. Nifty is at 4649, down just 3 points. CNX Midcap index is up 1.1% and BSE Smallcap index, up 1.5%. Power stocks are seeing some buying, but there's profit booking taking place in banking stocks. Market breadth is positive with 891 advances against 242 declines on the NSE.

10:57 AM - The Nifty has an upside of another 100-150 points before the expiry, says Anup Chandak of Sharekhan, on NDTV Profit. The brokerage sees value in PSU banks in the near term and is also bullish on IT, sugar and steel stocks, he says. In IT, Tech Mahindra is the brokerage's pick and in sugar, it is Balrampur Chini and Shree Renuka, he adds.

10:50 AM - One should not expect much from the L&T stock unless it crosses Rs 3,000-3,100 decisively, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 2,826.35, down 0.5% on the BSE.

10:41 AM - If ONGC crosses Rs 887, then it will find resistance at Rs 910, says Rajat Bose, technical analyst, on CNBC Awaaz. And above Rs 910, it can go up to Rs 940-950, where one is advised to book atleast partial profits, he adds. The stock is currently trading at Rs 872, down 1.4% on the BSE.

10:32 AM - Citi has upgraded Axis Bank to 'buy' from 'hold' and has a target price of Rs 912 on the stock, reports CNBC-TV18. The stock is currently trading at Rs 794 on the BSE.

10:25 AM - There seems to be sufficient momentum in the market to take the Nifty to 4725-4750, says VK Doshi, technical analyst, on NDTV Profit. And once this is crossed, 4850 is also possible, he says.

10:19 AM - Titan Industries can go up to Rs 1,125-1,133, says Rajat Bose, technical analyst, on CNBC Awaaz. And once this level is crossed, it will find resistance at Rs 1,150, he adds. The stock is currently trading at Rs 1,122, up 2.1% on the BSE.

10:11 AM - Unitech may face selling pressure between Rs 210 and Rs 220, says Rajat Bose, technical analyst, on CNBC Awaaz. But if it manages ot cross this, then it can continue the rally, he adds. The stock is currently trading at Rs 208.90, up 0.9% on the BSE.

10:03 AM - One should look at booking profits, at least partially, in DLF at Rs 520-530, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock could see another dip, he explains. It is currently trading at Rs 510.45, up 0.9% on the BSE.

9:57 AM - The market has opened slightly higher on Wednesday. Sensex is at 15,785, up 88 points from the previous close. Nifty is at 4677, up 24 points.

9:55 AM - HDFC can show a good upmove today, says Rajat Bose, technical anlayst, on CNBC Awaaz. But it will face resistance at Rs 2,390-2,400, he adds. The stock is at Rs 2,298, up 6% on the BSE.

9:50 AM - Two sided move is expected for the market today, says an NDTV Profit Opinion Poll. Nifty range is expected to be 4580-4695. stocks to watch are Cambridge Solutions and RIL. Sell banking stocks at higher levels, say dealers.

9:47 AM - Torrent Pharma has the potential to go up to Rs 210, says a technical analyst, on Zee Business. The stock is at Rs 185 on the BSE.

9:41 AM - As long as Reliance Industries stays above Rs 2,320, it is positive, says a technical analyst, on Zee Business. And once it crosses Rs 2,370, it will acquire a fresh momentum and its next target will be Rs 2,450-2,480, he adds. The stock is at Rs 2,329 on the BSE.

9:34 AM - One can look at entering RPL for the short term at current levels, says a technical analyst, on Zee Business. Once it moves above Rs 189, it can go up to Rs 195, he adds. Keep a stoploss at Rs 169, he suggests. The stock is at Rs 185.90 on the BSE.

9:29 AM - Yesterday's momentum seen in the market may be carried forward today, says Rajat Bose, technical analyst, on CNBC Awaaz. The Nifty will face some resistance at Rs 4680-4710, but once this is decisively crossed, it will move up to 4800, he says. And on the downside, as long as 4610-4595 is not broken, there's no reason to doubt an upmove, he adds.