4:30 PM - It was a good week for the Indian market. Experts feel this pullback rally will continue into the first quarter of January until earnings season kicks in. This week's smart figures are: Sensex was up 4.5%, Nifty up 5.5%. BSE Midcap index up 7.5%, BSE Smallcap index up 6% over the week. BSE Realty index was up 19%, BSE Consumer Durables up 14.5%, BSE Power index up 6%, BSE Metal index up 3.2% and BSE IT up 3%.

4:26 PM - The Asian markets closed mixed and European markets were trading quiet. The Indian market nearly outperformed its global peers and closed on a strong pullback rally. The market gained, led by a strong runup in the realty space, fall in commodities and appreciation in the rupee. Sensex shut shop at 10099, up 23 points and Nifty at 3077, up 16 points from the previous close. CNX Midcap index was up 2.62% and BSE Smallcap index was up 0.86%. The market breadth was positive with advances at 744 against declines of 493 on the NSE. Top Nifty gainers included Unitech, DLF and BPCL while losers included Nalco, Cairn and Satyam.

4:21 PM - Buy BPCL with a target price of Rs 450 where one can book profits, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 385, up 5% on the BSE.

4:14 PM - Buy HCC with a target price of Rs 70 in the long term, says Hitesh Agarwal of Angel Broking, on CNBC TV18. The company has an order book of Rs 9000 crore, he adds. The stock is currently trading at Rs 49, up 2.92% on the BSE.

4:10 PM - Buy Maruti Suzuki with a target price of Rs 650 where one can book profits, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 549, up 2.49% on the BSE.

4:06 PM - Sell RPL with a target price of Rs 82-75-68 and stop loss of Rs 100, says Sanjeev Agarwal of Globe Capital Markets, on CNBC Awaaz. The stock is currently trading at Rs 88, up 0.28% on the BSE.

4:00 PM - Buy Unitech with a target price of Rs 60 where one can book profits, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 44, up 16.14% on the BSE.

3:55 PM - Buy IOC with a target price of Rs 460 and stop loss of Rs 395, says Anuj Dixit, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 421, up 3.9% on the BSE.

3:52 PM - Buy DLF with a target price of Rs 350 where one can book profits, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 306, up 10.31% on the BSE.

3:47 PM - Buy ICICI Bank with a target price of Rs 610, says E Mathew, technical analyst, on CNBC TV18. The stock is currently trading at Rs 473, up 0.21% on the BSE.

3:42 PM - It was a good strong session for the market. Sensex closed at 10083, up 6 points (provisional) and Nifty at 3070, up 9 points (provisional) from the previous close. CNX Midcap index was up 2.44% and BSE Smallcap index was up 0.86%. BSE Realty index was up 10%. The market breadth was positive with advances at 713 against declines of 522 on the NSE.

3:32 PM - Hold Nifty long with stop loss of 3040 and target of 3120, says Vijay Bhambwani, technical analyst, on CNBC-TV18, as closing market strategy.

3:31 PM - Hold Nifty long with stop loss of 3036 and target of 3134-3160, says Rajat Bose, technical analyst, on CNBC-TV18, as closing market strategy.

3:28 PM - Hold on to Nifty long and if Nifty closes above 3070, the next target is 3400 and stop loss of 2950, says E Mathew, technical analyst, on CNBC TV18, as closing market strategy.

3:26 PM - Sell CESC with a target price of Rs 275-295 and stop loss of Rs 302, says Sanjeev Agarwal of Globe Capital Markets, on CNBC Awaaz. The stock is currently trading at Rs 270, up 4.91% on the BSE.

3:16 PM - The market is likely to see the pullback rally continue into the first quarter of next year, says Jeff Chowdhry of F&C Investment, on CNBC TV18. The rally could be due to the absence of hedge funds and long only investors sitting on cash, he adds.

3:12 PM - It is only a matter of time before the market crosses 3100, says Vijay Bhambwani, technical analyst, on CNBC TV18. Nifty has strong support at 2950 and Monday onwards the market is likely to see 3100 plus levels, he says. One can go long in small lots, once Nifty trades above 3050, he adds.

3:08 PM - The market is in an intermediate uptrend and technically it can rally into first quarter of January, says Ajay Bagga of Lotus India Asset Management, on CNBC TV18. But then the fundamentals will catch up and the rally could exhaust itself, he feels. The market is likely to trade flat for the next 6-9 months and investors are advised to tread cautiously, he adds.

3:03 PM - The Asian markets did not have a good session, the European markets are trading weak. The Indian market is setting its own tone and seeing a good rally led by realty. Sensex is trading at 10152, up 76 points and Nifty is at 3098, up 37 points from the previous close. CNX Midcap index is up 2.85% and BSE Smallcap index is up 0.86%. BSE Realty index is up 11.5%. The market breadth is positive with advances at 807 against declines of 412 on the NSE.

2:52 PM - Sell NTPC with a target price of Rs 170 and stop loss of Rs 188, says Anuj Dixit, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 184, up 0.74% on the BSE.

2:44 PM - Sell NTPC with a target price of Rs 170 and stop loss of Rs 188, says Anuj Dixit, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 181, down 0.93% on the BSE.

2:38 PM - Sell Birla Corporation with a target price of Rs 110-100-85 and stop loss of Rs 135, says Sanjeev Agarwal of Globe Capital Markets, on CNBC Awaaz. The stock is currently trading at Rs 120, down 0.95% on the BSE.

2:31 PM - Sell Infosys with a target price of Rs 1050 and stop loss of Rs 1225, says Anuj Dixit, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1156, down 1.79% on the BSE.

2:23 PM - Chanda Kochhar has been appointed the new CEO of ICICI Bank, reports NDTV Profit. She joined the bank as a management trainee in 1984. We see a cycle in interest rates turning around and India is fundamentally stronger than other nations, she says at a press conference to announce the bank's decision. She will take charge from MV Kamath from May 1, 2009. Chanda Kochhar brings vast experience with her to the bank, says MV Kamath (who will be the non-executive chairman of the bank). The stock is currently trading at Rs 474, up 0.6% on the BSE.

2:16 PM - Buy Bharati Airtel with a short-term target of Rs 750-770 after which it can go to Rs 800, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 716, up 6% on the BSE.

2:08 PM - In the banking stocks, Oriental Bank, Corporation Bank and Karnataka Bank can be bought at current levels as a good bet, says Rajesh Jain of SMC Global Securities, on CNBC Awaaz. In the IT space, Infosys and Wipro look good and can be accumulated, he adds.

2:01 PM - The market is trading quiet in a range. Sensex is trading at 10100, up 24 points and Nifty is at 3074, up 13 points from the previous close. CNX Midcap index is up 1.75% and BSE Smallcap index is up 0.53%. The market breadth is positive with advances at 622 against declines of 538 on the NSE.

1:54 PM - Buy Axis Bank with a short-term target of Rs 575, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 549, up 1.99% on the BSE.

1:47 PM - Sell Glenmark Pharma if it trades below Rs 309, which can be used as a stop loss as in weakness it could go down to Rs 240, says Hardik Jain of Angel Broking, on CNBC Awaaz. The stock is currently trading at Rs 296, down 0.79% on the BSE.

1:40 PM - Crnindia.com maintains a buy call on GTL Infra with a target of Rs 38 and stop loss of Rs 34.5, reports CNBC Awaaz. The stock is currently trading at Rs 34.8, down 2.53% on the BSE.

1:33 PM - Sell Aban Offshore if it trades below Rs 723, which can be used as a stop loss, says Hardik Jain of Angel Broking, on CNBC Awaaz. The stock is currently trading at Rs 741, down 2.65% on the BSE.

1:26 PM - SMC Global Securities maintains a buy call on BHEL with a target of Rs 1655 and stop loss of Rs 1304, reports CNBC Awaaz. The stock is currently trading at Rs 1426, down 0.46% on the BSE.

1:19 PM - Buy Cairn India on dips around Rs 135-140 and it has resistance at Rs 175-195, says Hardik Jain of Angel Broking, on CNBC Awaaz. The stock is currently trading at Rs 154, down 3.57% on the BSE.

1:11 PM - The Asian markets are trading lower following a rate cut from the Bank of Japan. The Indian market is mildly choppy as crude slides and realty picks up. Sensex is trading at 10069, down 6 points and Nifty is at 3064, up 3 points from the previous close. CNX Midcap index is up 2.06% and BSE Smallcap index is up 0.77%. The market breadth is positive with advances at 796 against declines of 399 on the NSE.

1:01 PM - Crnindia.com maintains a buy call on Cipla with a target of Rs 199 and stop loss of Rs 182, reports CNBC Awaaz. The stock is currently trading at Rs 194, up 2.53% on the BSE.

12:53 PM - KR Choksey Research recommends 'hold' on Satyam Computer Services, with a target price of Rs 187, reports CNBC-TV18. The stock is currently trading at Rs 163.95, down 3.2% on the BSE.

12:45 PM - Bharti Airtel may face resistance between Rs 750-800 zone, says Akshita Deshmukh, technical analyst, on CNBC Awaaz. So one may look to book profits there, she suggests. The stock is currently trading at Rs 715, up 0.6% on the BSE.

12:37 PM - GMR Infra has strong support at Rs 50-45, says Akshita Deshmukh, technical analyst, on CNBC Awaaz. But the stock is on its way to recovery and can go up to Rs 90 in the next 3-4 months, she says. One can book partial profits there and the remaining at Rs 110, she suggests. The stock is currently trading at Rs 70, up 1% on the BSE.

12:30 PM - The key concerns for emerging markets are macro-economic and the impact of that will be on corporate earnings, says Christian Goldsmith, International Investment Specialist, Fortis Investments, on CNBC-TV18. He sees a more sustained rally in emerging markets only by mid-2009. Risk aversion still exists and market volatility is expected to continue, he says.

12:23 PM - ICICI Securities maintains 'buy' rating on Allied Digital Services, with a target price of Rs 525, reports CNBC-TV18. The stock is currently trading at Rs 353.80, up 1.4% on the BSE.

12:15 PM - India would fit into the domestically-oriented markets and could be less affected due to global slowdown factors, says Christian Goldsmith, International Investment Specialist, Fortis Investments, on CNBC-TV18. But more downside in FY10 GDP growth and earnings can be expected, he says. He sees opportunities in cement, steel, and integrated oil companies.

12:08 PM - Fortis Healthcare has an advantage now looking at the amount of cash the promoters are sitting on, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. The stock can become a multi bagger, possibly in the next 4-5 years, he adds. It is currently trading at Rs 72.25, up 2.6% on the BSE.

11:52 AM - Power Grid will face resistance at Rs 88-90, where one may look at booking profits in the counter, says Akshita Deshmukh, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 82.20, up 3.2% on the BSE.

11:45 AM - Corporate profits may increase only by 8-10% in the next 5 years, says Raamdeo Agarwal of Motilal Oswal Securities, on CNBC Awaaz. In the next two quarters, corporate earnings may see negative growth, he adds.

11:37 AM - The market has factored in most negatives, says R Amarnath, Executive Director and Head-Corporate Finance, Centrum Capital, on CNBC-TV18. But the Q3 result season may disappoint, he says. In commodities, non-integrated players will be better placed for next few quarters, he adds.

11:28 AM - The next bull run can be expected between 2010-2014, says Raamdeo Agarwal of Motilal Oswal Securities, on CNBC Awaaz. The market may consolidate for the next two years, he adds.

11:20 AM - One can buy Suzlon on dips, says Sudarshan Sukhani, technial analyst, on CNBC-TV18. But stay away from RNRL because there are big question marks on that entire group performance and performance in terms of stock prices, he suggests.

11:11 AM - HPCL has good support at Rs 250 and will face resistance at Rs 325, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. The stock can be bought on dips, he suggests. It is trading at Rs 278.75, up 2.8% on the BSE.

11:02 AM - Ambuja Cements can go up to Rs 85 because of the market momentum, but it may not be able to go beyond that, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. The stock is trading at Rs 74.50 on the BSE.

10:54 AM - The market has recovered and is not trading in the positive terrain. Sensex is at 10,158, up 82 points from the previous close. Nifty is at 3085, up 24 points. BSE Midcap index is up 1.8% and BSE Smallcap index, up 1.3%. Realty, consumer durables and metal stocks are attracting significant buying interest, while some selling pressure is seen on oil & gas and IT stocks.

10:47 AM - KR Choksey has a 'buy' rating on DLF, with a target price of Rs 414, reports CNBC Awaaz. The stock is currently trading at Rs 284, up 2.4% on the BSE.

10:39 AM - Once Suzlon moves above Rs 65-70, one will see it gain strength, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. The brokerage has 12-month target of Rs 105 for the stock, he adds. It is currently trading at Rs 59.45, up 1.5% on the BSE.

10:31 AM - Nalco has support at Rs 195, where one can look at buying the stock, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. Keep an intra-day stoploss below Rs 191 and look at booking profits at Rs 225, he suggests. The stock is currently trading at Rs 197, down 2.3% on the BSE.

10:23 AM - Wockhardt has good support at Rs 97, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. If it can cross Rs 106, then it can rally to Rs 110-115, he adds. The stock is currently trading at Rs 107.50, up 3.2% on the BSE.

10:15 AM - Capital goods stocks like L&T and BHEL can lead the next rally that the market will see, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. One can also look at buying power stocks now, he suggests.

10:08 AM - There's a positive trend seen in BPCL, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. The stock will face resistance at Rs 390, but once this is crossed, it can go up to Rs 470-475, he adds. It has support at Rs 320-325, he says. The stock is at Rs 377, up 2.3% on the BSE.

10:01 AM - The market has opened flat with a negative bias on Friday. Sensex is at 10,019, down 57 points from the previous close. Nifty is at 3044, down 16 points.

9:58 AM - Macquarie has a 'buy' target on GVK Power, with a target price of Rs 27, reports CNBC Awaaz. The stock is at Rs 21.40 on the BSE.

9:51 AM - In the banking space, SBI, PNB and Bank of Baroda can give 25-30% upside from the current levels in the next 12-15 months, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18.

9:44 AM - Cairn India looks weak on the charts, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. For intra-day, keep a stoploss above Rs 166, he suggests. The stock can fall to Rs 130, he adds. It is at Rs 159.70 on the BSE.

9:37 AM - SMC Global has a 'buy' rating on BHEL, with a target price of Rs 1,655, reports CNBC Awaaz. Keep a stoploss of Rs 1,304 here, suggests the brokerage. The stock is at Rs 1,432.55 on the BSE.

9:31 AM - Fortis Healthcare will face resistance at Rs 72, but once this is crossed with good volumes, it can go up to Rs 77, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. The stock is at Rs 70.45 on the BSE.

ninad avasare
Stock Trading Robot