The week too ended on a positive note! Sensex gained 2%. But it was not as good for the midcaps and smallcaps

4:14 PM - The week too ended on a positive note! Sensex gained 2%. But it was not as good for the midcaps and smallcaps; BSE Midcap index lost 1.1% and BSE Smallcap index, 2.5%. It was mixed for sectors; BSE IT index gained over 4%, BSE Auto index, 1.1% and BSE Bankex, 1%. But BSE Realty index lost over 5% this week.

4:06 PM - It was a volatile trading session for the market, though within a range. Sensex ended the day at 9,092, up 66 points from the previous close. Nifty shut shop at 2755, up just 2 points. BSE Midcap index gained 0.3%, while BSE Smallcap lost 0.3%. IT, auto and FMCG stocks gained today, while realty and metal stocks witnessed selling pressure. Top Sensex gainers include TCS, BHEL, Infosys and Mahindra & Mahindra. Biggest losers on the index were Reliance Infrastructure, L&T, Grasim and NTPC, among others.

3:57 PM - Hold Sintex Industries with a stoploss of Rs 150 for a target of Rs 190-200, says Rajesh Jain of SMC Global, on CNBC Awaaz. The stock is at Rs 177.35, up 8.9% on the BSE.

3:50 PM - RIL can go up to Rs 1,360-1,400, says E Mathew, technical analyst, on CNBC-TV18. The stock is at Rs 1,131.60, down 0.5% on the BSE.

3:43 PM - If the Nifty is able to sustain above 2650, then one can expect a target of over 2900 in the December series, says E mathew, technical analyst, on CNBC-TV18.

3:36 PM - It was a volatile day for the market with the F&O expiry today. Sensex ended the day at 9,097, up 71 points (provisional) from the previous close. Nifty closed flat at 2753 (provisional).

3:26 PM - Hold Suzlon with a closing stoploss of Rs 40 for now, says Rajesh Jain of SMC Global, on CNBC Awaaz. Look at exiting in a couter rally to possibily Rs 48-50, he adds.

3:20 PM - Angel Broking has a 'buy' rating on HT Media, with a target price of Rs 99, reports CNBC Awaaz. The stock is currently trading at Rs 70, up 2.9% on the BSE.

3:12 PM - Gujarat NRE Coke has support at Rs 22-19, says Rajesh Jain of SMC Global, on CNBC Awaaz. So you can hold or even buy the stock, keeping a stoploss of Rs 19, he suggests. It is currently trading at Rs 21.70, up over 2% on the BSE.

3:04 PM - Unitech may try to take some support and stabilise at Rs 22-20 now, says Rajesh Jain of SMC Global, on CNBC Awaaz. The stock is currently trading at Rs 22.40, down 13.5% on the BSE.

2:56 PM - SMC Global has a 'buy' rating on ITC, with a target price of Rs 194, reports CNBC Awaaz. Keep a stoploss of Rs 159, says the brokerage. The stock is currently trading at Rs 173.25, up 0.6% on the BSE.

2:49 PM - Edelweiss has a 'buy' rating on Reliance Industries, with a target price of Rs 1,550, reports CNBC Awaaz. The stock is currently trading at Rs 1,156, up 1.7% on the BSE.

2:39 PM - Tata Tea has short term support between Rs 500 and Rs 450, says Rajesh Jain of SMC Global, on CNBC Awaaz. Hold it for now, for a target of Rs 550-560, where you can book profits, he suggests. The stock is currently trading at Rs 521.75, up over 6% on the BSE.

2:32 PM - PINC has 'sell rating on Balrampur Chini, with a target price of Rs 29, reports CNBC Awaaz. The stock is currently trading at Rs 31.90, down 3.3% on the BSE.

2:25 PM - Dabur India looks attractive at current levels for the long term, says Gaurav Jain of Hem Securities, on CNBC Awaaz. The brokerage has a long term target of Rs 94 for the stock, he adds. It is currently trading at Rs 80.70, up 2.9% on the BSE.

2:18 PM - Angel Broking has a 'buy' rating on Jagran Prakashan, with a target price of Rs 70, reports CNBC Awaaz. The stock is currently trading at Rs 49.90, up 1.6% on the BSE.

2:10 PM - The market is mostly trading flat and in a range, but with a negative bias. Sensex is at 8,993, down 33 points from the previous close. Nifty is at 2728, down 24 points. BSE Midcap is down 0.9% and BSE Smallcap index, down 1%. It seems to be a good day for IT and FMCG stocks, but realty, metal and banking stocks are under selling pressure.

2:04 PM - Hem Securities has a 'sell' rating on Sun Pharma, with a target price of Rs 940, reports CNBC Awaaz. The stock is currently trading at Rs 1,050, down 4.9% on the BSE.

1:55 PM - HSBC Global Research has maintained its 'overweight' rating on Bharat Heavy Electricals (BHEL) with a target price of Rs 1,750, reports CNBC-TV18. The stock is currently trading at Rs 1,340, up over 3% on the BSE.

1:47 PM - HSBC Global Research has maintained its 'overweight' rating on Reliance Industries with a target price of Rs 2160, reports CNBC-TV18. The stock is currently trading at Rs 1,132.40, down 0.4% on the BSE.

1:39 PM - Pinc Research maintains a buy call on 3i Infotech with a target of Rs 58, reports Zee Business. The stock is currently trading at Rs 33, down 0.15% on the BSE.

1:32 PM - JM Financial has kept a buy rating on Cairn India with a target price of Rs 158, reports CNBC-TV18. The stock is currntly trading at Rs 135.50 on the BSE.

1:24 PM - Pinc Research maintains a buy call on Titagargh Wagons with a target of Rs 360, reports Zee Business. The stock is currently trading at Rs 282, down 2.55% on the BSE.

1:17 PM - Pinc Research maintains a 'buy' call on Deepak Fertilisers with a target of Rs 80, reports Zee Business. The stock is currently trading at Rs 50, up 2.14% on the BSE.

1:10 PM - The market is trading flat. Sensex is at 9,033, up 7 points from the previous close. Nifty is at 2743, down 8 points. BSE Midcap index is down 0.9% and BSE Smallcap index, down 0.8%. IT and FMCG stocks are seing some buying, whereas realty and metal stocks are being dumped.

1:04 PM - Pinc Research maintains a buy rating on HEG with a target of Rs 205, reports Zee Business. The stock is currently trading at Rs 113, down 3.71% on the BSE.

12:57 PM - Buy Reliance Industries for the long term around Rs 850-1160 where the stock is likely to go as it is looking weak, says Raj Kishore Bang, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1135, down 0.19% on the BSE.

12:52 PM - Sharekhan maintains a buy call on Marico with a target of Rs 71, reports CNBC Awaaz. The stock is currently trading at Rs 52, up 0.10% on the BSE.

12:49 PM - India as a country will have to do much more on the security front post the Mumbai attacks, says Samir Arora of Helios Capital, on NDTV Profit. FIIs may be complacent going forward till stability returns in 2-3 months, he feels. Today the market may not see high volumes, he says.

12:41 PM - Angel Broking maintains a buy call on HT Media with a target of Rs 99, reports CNBC Awaaz. The stock is currently trading at Rs 70, up 2.94% on the BSE.

12:34 PM - Karvy Stock Broking maintains a buy call on Praj Industries with a target of Rs 100, reports Zee Business. The stock is currently trading at Rs 54, down 1.44% on the BSE.

12:29 PM - Crnindia.com maintains a buy call on Dr Reddy's with a target of Rs 445 and stop loss of Rs 406, reports CNBC Awaaz. The stock is currently trading at Rs 429, up 1.21% on the BSE.

12:20 PM - The terror attack on Mumbai will have an impact on investment sentiments but we do not expect long-term disruption to the Indian market, says Mark Konyn, CEO of RCM, on CNBC TV18. The volumes are likely to reduce going forward and overall perception towards India will be hit and travel will be impacted, he adds.

12:15 PM - Though the short-term sentiments will be affected, people tend to have a short memory and things will look different in six months, says Rajen Shah of Angel Broking, on CNBC TV18. The market is likely to move up from July onwards, he adds.

12:07 PM - The terror attack on Mumbai has halted the trading upmove the market was getting into, says Rahul Mohindar, technical analyst, on CNBC-TV18. The market seems to have made a higher bottom around 2500 for Nifty and now it is likely to be stuck in a range of 2700-2800, he says. Now is the time for short and medium term traders to start thinking of going long once Nifty trades consistently above 2800, he adds.

12:00 PM - The Asian markets are trading in the positive. The Indian market is holding up and trading flat. The hotel and aviation stocks are under pressure following the terror attacks on Mumbai. Sensex is trading at 8989, down 37 points and Nifty is at 2734, down 17 points from the previous close. CNX Midcap index is down 0.60% and BSE Smallcap index is down 0.20%. The market breadth is negative with advances at 395 against declines of 702 on the NSE.

11:52 AM - Karvy Stock Broking maintains a buy call on EID Parry with a target of Rs 230, reports Zee Business. The stock is currently trading at Rs 132, down 0.75% on the BSE.

11:46 AM - Hem Securities maintains a sell call on Reliance Infrastructure with a target of Rs 460 and stop loss of Rs 516, reports CNBC Awaaz. The stock is currently trading at Rs 496, down 4.52% on the BSE.

11:40 AM - Hold ACC as it has resistance at Rs 450-460 and support at Rs 395, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 411, up 2.09% on the BSE.

11:30 AM - Crnindia.com maintains a buy call on Chambal Fertilsers with a target of Rs 37 and stop loss of Rs 31, reports CNBC Awaaz. The stock is currently trading at Rs 33, down 0.74% on the BSE.

11:20 AM - FIIs won't put money in India easily despite the good economic data, says Nirmal Jain of India Infoline, on CNBC TV18. The market could see underperformance due to the terror attacks on Mumbai, the financial capital of the country, he adds.

11:12 AM - Q2 GDP has come in at 7.6% versus 7.9% (QoQ) and versus 9.3% (YoY), reports CNBC TV18. The CNBC Poll saw GDP at 7.25%. Q2 Construction sector growth is up 9.7% (YoY), Q2 manufacturing output is up 5% (YoY), Q2 farm output is up 2.7% (YoY).

11:05 AM - The market is holding up and trading flat. Sensex is trading at 9030, up 3 points and Nifty is at 2744, down 7 points from the previous close. CNX Midcap index is down 0.88% and BSE Smallcap index is down 0.43%. The market breadth is negative with advances at 311 against declines of 702 on the NSE.

10:56 AM - Aviation sector will be affected temporarily but not for the long term, says Ajay Singh, director of Spice Jet, on CNBC Awaaz. People have postponed their travel plans and we are facilitating them as much as we can, he adds. Spice Jet is currently trading at Rs 12, down 5% on the BSE.

10:47 AM - Emkay Shares and Securities maintains a buy call on NIIT with a target of Rs 42, reports Zee Business. The stock is currently trading at Rs 22, down 1.11% on the BSE.

10:38 AM - SMC Global maintains a buy call on ABB with a target of Rs 500 and stop loss of Rs 420, reports CNBC Awaaz. The stock is currently trading at Rs 430, down 3.53% on the BSE.

10:27 AM - Pinc Research maintains a buy call on Monnet Ispat with a target of Rs 230, reports Zee Business. The stock is currently trading at Rs 118, down 0.84% on the BSE.

10:20 AM - SMC Global maintains a buy call on ITC with a target of Rs 194 and stop loss of Rs 159, reports CNBC Awaaz. The stock is currently trading at Rs 171, down 0.73% on the BSE.

10:14 AM - The infrastructure space could be looked at right now, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. GVK Infrastructure and Punj Lloyd can be accumulated now, he adds. Nifty now has the potential to go to 2800 and this presents a trading opportunity to buy on dips, he adds.

10:09 AM - What are we trying to achieve by keeping market open today in Mumbai post the Wednesday attacks and it's not fair, says KN Vaidyanathan of Alchemy Capital, on NDTV Profit. When 9/11 happened in US on Tuesday, NYSE opened the following Monday after taking stock of the entire situation, he says. It is unfair to keep business open and we are coming in the way of the army personnel by bringing almost 10,000 people to Nariman Point and Dalal Street where the asset management companies and most brokerage houses are located, he adds. It is false bravado on the part of the government to get back to work in the name of the spirit of Mumbai, he says.

10:02 AM - The Indian market sees a gap down opening on Friday. Sensex is trading at 8889, down 137 points and Nifty is at 2717, down 35 points from the previous close. CNX Midcap index is down 0.58% and BSE Smallcap index is down 0.08%. The market breadth is negative with advances at 114 against declines of 281 on the NSE.

9:56 AM - The terror attack on Mumbai may see the market open gap down as this is an attack at the heart of the financial capital, says VK Sharma, technical analyst, on Zee Business. But panic times present a great opportunity to invest into, he adds.

9:51 AM - The terror attacks on Mumbai will not affect investment sentiment, says Rakesh Jhunjhunwala, market investor, on NDTV Profit. If the market sees a panic opening, it will present a great opportunity to buy into this market, he adds.

9:45 AM - There will be lack of volumes in trade today as the Mumbai terror attack situation is still fluid, says Hardik Jain, technical analyst, on NDTV Profit. Most institutional offices are in Nariman Point where the situation is not yet normal, so many people would not be confident to return to work, he feels. But today being an important day due to F&O expiry settlement and inflation figures may have been the reason to keep the market open, he says. But personally, it would have been better to have kept the market close, he adds.

9:36 AM - Rupee markets open flat at 49.64 versus 49.51 on Wednesday, reports CNBC TV18.

9:31 AM - India's long-term growth story is intact and the terror attack on Mumbai may see panic bottom opening, says Tom Hougard, chief market strategist, on NDTV Profit. But panic times are the best opportunity to invest into any market and those who have faith in India can use this opportunity to their advantage, he adds.

ninad avasare
Doubling Stocks