4:20 PM - The first week of trade for 2009 was good. Experts feel the market has some more steam and the trend is positive till Nifty can hold 2800. In fact, this counter trend could take Nifty as high as 3800. The market is also keenly awaiting another fiscal stimulus package from the government later today. This week's good-looking figures are: Sensex was up 6.75%, Nifty up 6.6%. BSE Midcap index up 8.5%, BSE Smallcap index up 9% over the week. BSE Realty index was up 12.34%, BSE Metal index up 12%, BSE Consumer Goods index up 10.4%, BSE Bankex up 8.9%, and BSE IT up 6.2%.

4:10 PM - Positive global cues saw the Indian market rally to 10000 on the Sensex but it closed quiet. Sensex shut shop at 9958, up 54 points and Nifty at 3046, up 13 points from the previous close. CNX Midcap index was up 2.08% and BSE Smallcap index is up 1.58%. The market breadth was positive with advances at 880 against declines of 343 on the NSE. Top Nifty gainers were Unitech, ABB, Hindalco while losers were Suzlon, Hero Honda and Satyam.

4:06 PM - Buy Tech Mahindra with a medium-term target of Rs 400-420 and maintain a stop loss of Rs 240, says Rajat Bose, technical analyst, on CNBC TV18. The stock is currently trading at Rs 275, up 5.61% on the BSE.

4:00 PM - Buy Voltamp Transformers with a target of Rs 700 in 12 months, says Vikas Sethi of Sethi Finmart, on CNBC TV18. The company has an order book of Rs 500 crore, he adds. The stock is currently trading at Rs 366, up 5.5% on the BSE.

3:56 PM - Buy IVRCL Infra with a target of Rs 175-180, says Salil Sharma of Kapoor & Sharma Company, on Zee Business. This is a good stock to keep in the portfolio for the long term, he adds. The stock is currently trading at Rs 161, up 7.25% on the BSE.

3:50 PM - Buy TNPL with a target of Rs 96 in 12 months, says Sumant Kumar of Karvy Stock Broking, on CNBC TV18. The stock is currently trading at Rs 73, up 4.43% on the BSE.

3:46 PM - Buy Sun TV with a target of Rs 250 and maintain a stop loss of Rs 160, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 185, down 1.56% on the BSE.

3:41 PM - It was a relatively dull day with a quiet close. Sensex closed at 9970, up 66 points (provisional) and Nifty at 3051, up 17 points (provisional) from the previous close. CNX Midcap index was up 2.06% and BSE Smallcapindex is up 1.65%. The market breadth was positive with advances at 885 against declines of 338 on the NSE.

3:34 PM - Buy Reliance Capital with a target of Rs 700 and maintain a stop loss of Rs 530, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 578, up 3.1% on the BSE.

3:25 PM - The market is seeing a counter trend rally after the massive price and chart destruction in 2008, says E Mathew, technical analyst, on CNBC TV18. Till Nifty is able to hold the crucial support of 2800-2810 the sentiment is positive, he feels. This rally could take Nifty to 3400-3700-3800, he adds.

3:21 PM - Buy Koutons Retail with a target of Rs 600-700 in 12 months, says Ashish Kapoor, CEO of Investshoppe, on CNBC Awaaz. The stock is currently trading at Rs 515, down 0.87% on the BSE.

3:17 PM - Buy Srei Infrastructure with a target of Rs 53-58 and maintain a stop loss of Rs 38, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 45, up 10.17% on the BSE.

3:10 PM - Buy Opto Circuits with a target of Rs 250 in 12 months, says Vikas Sethi of Sethi Finmart, on CNBC TV18. The stock is currently trading at Rs 96, up 4.43% on the BSE.

3:05 PM - The year 2009 will be a difficult one globally, says Tarun Kataria of HSBC, on NDTV Profit. Expect fund flow to return to India and China once markets recover, he says. Recovery to set in once liquidity returns globally, he says. India GDP likely to be 7% for FY09 and 6.5% for FY10, he says. China likely to post growth of 5-6% over the next few years, he adds.

3:00 PM - The market continues to look good. Sensex is trading at 10023, up 119 points and Nifty is at 3064, up 29 points from the previous close. CNX Midcap index is up 2.3% and BSE Smallcap index is up 2.27%. The market breadth is positive with advances at 951 against declines of 269 on the NSE.

2:52 PM - Hold Satyam which has resistance at Rs 185-190 where one can book profits, says Rajat Bose, technical analyst, on CNBC TV18. The stock is currently trading at Rs 177, up 5.87% on the BSE.

2:45 PM - Buy Ashok Leyland above Rs 17 with a target of Rs 22 and maintain a stop loss of Rs 13, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 16, up 3.2% on the BSE.

2:37 PM - Buy Chennai Petro around Rs 115 and book profits at its resistance of Rs 165-170, says Hardik Jain of Angel Broking, on CNBC Awaaz. The stock is currently trading at Rs 127, down 1.5% on the BSE.

2:31 PM - Buy Aban Offshore with a target of Rs 990-1000 and maintain a stop loss of Rs 660, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 765, up 3.8% on the BSE.

2:25 PM - Hold Jai Corporation with a target of Rs 100 where one can book profits, says Rajesh Jain of SMC Global Securities, on CNBC Awaaz. The stock is currently trading at Rs 84, up 3.49% on the BSE.

2:21 PM - Era Infra has bagged four orders worth Rs 294 crore, reports CNBC TV18. The stock is currently trading at Rs 78, up 8.95% on the BSE.

2:14 PM - ICSA can give 100% returns in 2009, says Mehraboon Irani, VP, Centrum Broking, on CNBC Awaaz. The stock is currently trading at Rs 144.70, up 7.5% on the BSE.

2:07 PM - L&T will face strong resistance at Rs 880-890, but once this is crossed, it can go up to Rs 990-1,050, says Rajkishore Bang, technical analyst, on CNBC Awaaz. For now, continue to hold the stock, keeping a stop loss at Rs 740, he suggests. It is currently trading at Rs 824, up 0.29% on the BSE.

2:00 PM - The Asian markets are trading smart and European markets have opened flat. The Indian market is looking good and Sensex crosses 10000. It is trading at 10029, up 126 points and Nifty is at 3066, up 33 points from the previous close. CNX Midcap index is up 2.11% and BSE Smallcap index is up 2.26%. There is buying in realty, metals and banking stocks. The market breadth is positive with advances at 959 against declines of 234 on the NSE.

1:50 PM - Pharma companies can grow 15-30%, says Madhu Kela of Reliance MF, on CNBC-TV18. He is therefore bullish on frontline pharma stocks.

1:42 PM - Punj Lloyd can give 70-75% returns in 2009, says Mehraboon Irani, VP, Centrum Broking, on CNBC Awaaz. The stock is currently trading at Rs 158, up 3.09 % on the BSE

1:34 PM - Hold RCom which has resistance at Rs 253-259 after which one could see a fresh upmove, says Rajat Bose, technical analyst, on CNBC TV18. The stock is currently trading at Rs 250, up 2.16% on the BSE.

1:26 PM - If Nifty is able to cross 3120 then it could go up to 3240, says MB Singh, technical analyst, on Zee Business. One should avoid shorting the market till 2800 is not broken on Nifty, he adds. The market may have a positive surprise in store post the results season, he feels.

1:18 PM - The market is likely to consolidate in the Nifty range of 2980-3120 for some time, says Deven Choksey of KR Choksey, on Zee Business. Once the results are out, then the market is likely to move up, he adds.

1:10 PM - The Asian markets are trading quiet. The Indian market is also trading quiet while midcaps are buzzing. Sensex is trading at 9937, up 33 points and Nifty is at 3037, up 3 points from the previous close. CNX Midcap index is up 1.62% and BSE Smallcap index is up 1.79%. The market breadth is positive with advances at 918 against declines of 260 on the NSE.

1:02 PM - Deccan Chronicle can give 70-80 % returns in 2009, says Mehraboon Irani, VP, Centrum Broking, on CNBC Awaaz. The stock is currently trading at Rs 46.75, up 3% on the BSE.

12:55 PM - Bartronics India can give 60-80 % returns in 2009, says Mehraboon Irani, VP, Centrum Broking, on CNBC Awaaz. The stock is currently trading at Rs 87, up 2.4% on the BSE.

12:42 PM - Geodesic can give 100% returns in 2009, says Mehraboon Irani, VP, Centrum Broking, on CNBC Awaaz. The stock is currently trading at Rs 73, up 4.4% on the BSE.

12:34 PM - Sell SBI on rallies and look to re-enter it at Rs 1,100, says Phani Sekhar of Angel Broking, on CNBC Awaaz. The stock is currently trading at Rs 1,339.55, up 1.8% on the BSE.

12:26 PM - Look at booking profits in L&T at higher levels and then re-enter again close to Rs 700, says Phani Sekhar of Angel Broking, on CNBC Awaaz. The stock is currently trading at Rs 822.25 on the BSE.

12:19 PM - Delta Corp can give 250-300% returns in 2009, says Mehraboon Irani, VP, Centrum Broking, on CNBC Awaaz. The stock is currently trading at Rs 32.20, up 4.9% on the BSE.

12:12 PM - If one has a short term view on Chambal Fertilisers, then keep a stoploss at Rs 32 and exit at Rs 44-48, says Rajkishore Bang, technical analyst, on CNBC Awaaz. But if you hold the stock for 3.5 years or so, it can give 50-100% returns from the current levels, he says. It is currently trading at Rs 39.35, up 1.3% on the BSE.

12:05 PM - One needs to have a long term view on Reliance Capital to make good gains, as its business are connected to the stock market, says Phani Sekhar of Angel Broking, on CNBC Awaaz. And the stock market will take its time to consolidate and start moving up again, he explains. The stock is currently trading at Rs 569, up 1.5% on the BSE.

11:58 AM - Centrum Broking has a 'buy' rating on South Indian Bank, with a target price of Rs 74, reports CNBC Awaaz. The stock is currently trading at Rs 62.50, up 9.9% on the BSE.

11:51 AM - Aptech can test Rs 110-120, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 102.55, up 2.7% on the BSE.

11:43 AM - If one has a view of 3-3.5 years' on Tech Mahindra, then look at averaging it at lower levels, says Phani Sekhar of Angel Broking, on CNBC Awaaz. It can go up to Rs 1400-150 in 3-3.5 years, he adds. The stock is currently trading at Rs 272.50, up 4.1% on the BSE.

11:36 AM - One should look to exit Infosys at Rs 1,300-1,350, as long term charts do not look good, says Rajkishore Bang, technical analyst, on CNBC Awaaz. Switch to infrastructure or FMCG stocks and hold them for 2-3 years for good returns, he suggests. Infosys is currently trading at Rs 1,136, down 1% on the BSE.

11:29 AM - If Reliance Communications crosses Rs 250, then it can head upto Rs 278-290, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 253.30, up 3.2% on the BSE.

11:22 AM - Hindalco Industries can touch Rs 60-65, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 56.45, up 4.2% on the BSE.

11:15 AM - NTPC now has targets of Rs 190 and Rs 210, says Darrly Guppy of guppytraders.com, on CNBC-TV18. The stock is currently trading at Rs 183.10, up 0.5% on the BSE.

11:07 AM - The market has given up most of its gains and is trading a flattish. Sensex is at 9,953, up 49 points from the previous close. Nifty is at 3043, up just 10 points. BSE Midcap index is up 1.2% and BSE Smallcap index, up 1.3%. Realty, banking and metal stocks are rallying, while IT stocks are under selling pressure.

11:01 AM - MF Global has a 'buy' rating on SBI, with a target price of Rs 1,614, reports CNBC Awaaz. The stock is currently trading at Rs 1,320.25, up 0.3% on the BSE.

10:53 AM - There's a reasonable chance that the market may re-test its October lows in the next 4-5 weeks, says Darrly Guppy of guppytraders.com, on CNBC-TV18. Sensex has strong resistance at 10,800 and support at 7,800, he adds. Nifty may fall to 2300-2200, he says.

10:45 AM - If the Nifty can sustain 3050 and above levels, then one could see 3250 levels by January 10, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. There wonÿt be much selling from FIIs, however some de-growth may come in, he adds. The Nifty has support at 2850-2,900, he says.

10:37 AM - A strong breakout is developing in RIL and it now has targets of Rs 1,350 and Rs 1,450, says Darrly Guppy of guppytraders.com, on CNBC-TV18. The stock is currently trading at Rs 1,255.45, up 0.1% on the BSE.

10:30 AM - Tata Power can go up to Rs 857-863, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 773.25, down 1.3% on the BSE.

10:23 AM - Hold Suzlon Energy as the prices may go up to Rs 75-80, says Hardik Jain of ISG Securities, on CNBC-TV18. The stock is currently trading at Rs 69.55, up 4.9% on the BSE.

10:16 AM - Reliance Industries has support at Rs 1150-1170 and will face resistance at Rs 1450, says Hardik Jain of ISG Securities, on CNBC-TV18. The stock is currently trading at Rs 1263, up 0.8% on the BSE

10:08 AM - If Suzlon manages to close above Rs 69, then one can go long here for a target of Rs 82, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 68.60, up 3.5% on the BSE.

10:03 AM - The market has opened slightly higher on Friday. Sensex is at 9,974, up 71 points from the previous close. Nifty is at 3051, up 18 points.

9:54 AM - One can invest in Satyam Computer as the prices may go up to Rs 240-260, says Hardik Jain of ISG Securities, on CNBC-TV18.The share prices cannot be cheaper than what it is now, he adds. The stock is at Rs 182.35 on the BSE.

9:46 AM - Hold Unitech as the prices may go up to Rs 54-55, says Hardik Jain of ISG Securities, on CNBC-TV18.The stock is at Rs 44.50 on the BSE.