4:00 PM - It was a bad day across the globe as Asian markets had severe cuts while European markets drifted lower. The Indian market also had a bad day but survived with a decent close. Sensex shut shop at 9046, down 323 points and Nifty at 2736, down 98 points from the previous close. CNX Midcap index was down 1.50% and BSE Smallcap index was down 2.16%. The market breadth was negative with advances at 260 against declines of 919 on the NSE. Top Nifty gainers included Grasim and BPCL while losers included Unitech and Tata Communications.

3:55 PM - Hold NIIT Tech, though it is now in a downtrend in a market rally it could go up with a target of Rs 68-70, says E Mathew, technical analyst, on CNBC TV18. The stock is currently trading at Rs 54, down 7.71% on the BSE.

3:52 PM - The market could retest October lows in the next 2-3 months, says Nandan Chakraborty of Enam Securities, on NDTV Profit. We are negative on the banking and IT industry, he adds.

3:50 PM - Sell BHEL with a target of Rs 1200 and stop loss of Rs 1400, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 1358, down 1.52% on the BSE.

3:46 PM - Buy GVK Power with a short-term target of Rs 22-30, says DD Sharma, market expert, on Zee Business. Maintain a stop loss of Rs 18, he adds. The stock is currently trading at Rs 19, up 2.93% on the BSE.

3:41 PM - It was a global fall on equities today. The Indian market had a bad day, but it could have been worse and Sensex held 9000 and Nifty 2700. Sensex closed at 9065, down 305 points (provisional) and Nifty at 2743, down 91 points (provisional) from the previous close. CNX Midcap index was down 1.36% and BSE Smallcap index was down 2.11%. The market breadth was negative with advances at 285 against declines of 889 on the NSE.

3:33 PM - Buy Rolta as it seems in consolidation phase, once it crosses Rs 100 it will see a breakout and be a positive surprise, says E Mathew, technical analyst, on CNBC TV18. The stock is currently trading at Rs 88, down 0.06% on the BSE.

3:26 PM - Buy 2900 January call options at current market price with a stop loss of 2700, says Rajat Bose, technical analyst, on CNBC-TV18, as closing market strategy.

3:24 PM - Can initiate fresh shorts at Nifty 2830-2860, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy. Square off all positions, he adds.

3:18 PM - The bear market rally is over, feels Allan Conway of Schroders, on CNBC TV18. Satyam shares were sold post the Maytas disclosure, he says. We have stopped further increase in India weightage post the Satyam saga, he adds. The market is likely to be in a range for the next 5-6 months with the risk of retesting the October lows, he says.

3:13 PM - In the entertainment space Dish TV looks good, in the banking space HDFC Bank, in the oil and gas space RIL and Cairn India, and Reliance Capital, these are all good stocks to accumulate at lower levels in any market correction for the long term, says Rajesh Tambe, technical analyst, on Zee Business.

3:08 PM - The market is likely to be in a Nifty range of of 2500-3000 for the next six months, says Shrikant Chouhan, technical analyst, on CNBC Awaaz. If there is more bad news those levels could be lower, he feels. Investors should now gradually start accumulating frontline stocks like, RIL, SBI, BHEL and Infosys, he says. With every drop of 200 points on Nifty, one can buy/put 20% of their capital into these stocks, he adds.

3:01 PM - The Asian markets had a bad session today. European markets are under pressure. The Indian market continues to look bad. Sensex is trading at 8991, down 379 points and Nifty is at 2723, down 111 points from the previous close. CNX Midcap index is down 1.88% and BSE Smallcap index is down 2.32%. The market breadth is negative with advances at 218 against declines of 942 on the NSE.

2:52 PM - Sell Tata Motors with a target of Rs 125 and stop loss of Rs 180, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 148, down 5.04% on the BSE.

2:46 PM - HEM Securities maintains a sell call on Grasim Industries with a target of Rs 1210 and stop loss of Rs 1318, reports CNBC Awaaz. The stock is currently trading at Rs 1275, down 0.62% on the BSE.

2:38 PM - Buy Opto Circuits with a long term target of Rs 148, says Sumant Kumar of Karvy Stock Broking, on CNBC Awaaz. The stock is currently trading at Rs 84, down 4.5% on the BSE.

2:36 PM - Sensex falls below 9000 and is currently trading at 8963, down 406 points and Nifty is at 2720, down 114 points from the previous close.

2:30 PM - Buy L&T with a target of Rs 740 and stop loss of Rs 685, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 703, down 0.87% on the BSE.

2:24 PM - HEM Securities maintains a sell call on Aban Offshore with a target of Rs 580 and stop loss of Rs 652, reports CNBC Awaaz. The stock is currently trading at Rs 589, down 8.16% on the BSE.

2:17 PM - Buy Reliance Capital with a target of Rs 460 and stop loss of Rs 398, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 416, down 3.74% on the BSE.

2:10 PM - The market is likely to go close to the October lows (Nifty at 2250) as it is looking weak, says P Phani Sekhar of Angel Broking on CNBC Awaaz. Some bad news may take it to that level but otherwise it has strong support around 2500 on Nifty, he adds.

2:04 PM - The Asian markets continue to look bad. European markets opened positive but slipped into the negative. Sensex is trading at 9050, down 325 points and Nifty is at 2745, down 90 points from the previous close. CNX Midcap index is down 1.57% and BSE Smallcap index is down 1.97%. The market breadth is negative with advances at 243 against declines of 898 on the NSE.

1:56 PM - Hold HDIL with a target of Rs 140 where one can sell and exit the stock, says Rajesh Jain of SMC Global Securities, on CNBC Awaaz. The stock has support at Rs 89-90, he adds. It is currently trading at Rs 102, down 3.91% on BSE.

1:46 PM - Hold HDIL with a target of Rs 135 in the near term as it has a limited downside, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 102, down 3.91% on BSE.

1:38 PM - Hold on to JP Associates, or those who don't have it can buy the stock around Rs 50 for the long term, says Rajesh Tambe, technical analyst, on Zee Business. This is a fundamentally excellent stock that one must have in the portfolio as it will give excellent returns, he adds. The stock is currently trading at Rs 65, down 7.25% on the BSE.

1:27 PM - The Asian markets have sunk badly. Poor global cues sees our market also under pressure. Sensex is trading at 9044, down 325 points and Nifty is at 2743, down 91 points from the previous close. CNX Midcap index is down 1.33% and BSE Smallcap index is down 1.91%. There is heavy selling in realty, IT, technology and banking stocks.

1:19 PM - Angel Broking maintains a buy call on Subros with a target of Rs 27, reports Zee Business. The stock is currently trading at Rs 16, down 3% on the BSE.

1:10 PM - KR Choksey Research maintains a buy call on Orchid Chemicals with a target of Rs 123, reports CNBC Awaaz. The stock is currently trading at Rs 80, up 1.7% on the BSE.

12:58 PM - ICICI Securities maintains a buy call on Indraprastha Gas with a target of Rs 142, reports CNBC Awaaz. It is expected to give a return of 34%, it adds. The stock is currently trading at Rs 110.40, up 4% on the BSE.

12:51 PM - Hold on to Indiabulls Real, says Ashish Kapur of Invest Shoppe on CNBC Awaaz. The company has good fundamentals, he adds. The stock is currently trading at Rs 117.35, down 4% on the BSE.

12:44 PM - Exit from NIIT Tech, says Kiran Jadhav, technical analyst, on NDTV Profit. It has crucial support at Rs 54 after which it might go down to Rs 30-20, he adds. It might see some resistance at Rs 65-70, he says. The stock is currently trading at Rs 54.75, down 7.3% on the BSE.

12:37 PM - Exit on rally from Petron Engineering, says Alok Agarwal, market expert, on NDTV Profit. Instead invest into Reliance Industries, he adds. The stock is currently trading at Rs 65, down 9.7% on the BSE.

12:30 PM - Sell BHEL now, says MB Singh, technical analyst, on Zee Business. Buy again at lower levels, he adds. The stock is currently trading at Rs 1340.15, down 2.8% on the BSE.

12:23 PM - Hold on to Bank of Baroda, says Pradeep Surekha, technical analyst, on Zee Business. It has support at Rs 235 and resistance at Rs 300, he adds. The stock is currently trading at Rs 236.75, down 5.6% on the BSE.

12:16 PM - Hold on to TCS with a stop loss of Rs 445, says Kiran Jadhav, technical analyst, on NDTV Profit. It has support at Rs 450 and resistance at Rs 570-590, he adds. The stock is currently trading at Rs 508, down 5.7% on the BSE.

12:09 PM - The market at noon is still struggling with real estate being the real loser. Sensex is trading at 8982, down 388 points, and Nifty is trading at 2723, down 111 points, from their previous close. CNX Midcap index is down 1.8% and BSE Smallcap index is down 2.3%.

12:00 PM - Hold on to Mahindra & Mahindra with a stop loss of Rs 240, says Kiran Jadhav, technical analyst, on NDTV Profit. It has support at Rs 250 and resistance at Rs 350-400, he adds. The stock is currently trading at Rs 314.45, down 1.7% on the BSE.

11:53 AM - Hold on to Reliance Power with a long-term view, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 99.15, down 3.8% on the BSE.

11:46 AM - Stay away from Cairn India, says Sharmila Joshi of Prabhudas Lilladher, on CNBC Awaaz. It is going to be under pressure, she adds. The stock is currently trading at Rs 148.65, down 4.6% on the BSE.

11:39 AM - Hold on to Bajaj Hindustan for the time being with a technical stop loss of Rs 47-48, says Pradeep Surekha, technical analyst, on Zee Business. Exit and then buy at lower levels, he adds. The stock is currently trading at Rs 53.95, down 2.9% on the BSE.

11:32 AM - Hold Ashok Leyland with a stop loss of Rs 12.50-13.00, says Ashwani Gujral, technical analyst, on CNBC Awaaz. It has some resistance at Rs 17 after which it might go up to Rs 22, he adds. Exit at this level, he says. The stock is currently trading at Rs 14.20, down 2.7% on the BSE.

11:24 AM - The inflation figure for week ended January 3 has been declared at 5.24% versus the earlier figure of 5.91%, reports NDTV Profit.

11:17 AM - Buy Glenmark Pharma at Rs 245 with a stop loss of Rs 230, says Rajat Bose, technical analyst, on CNBC TV18. It is expected to rise to Rs 280 levels within this month, he adds. The stock is currently trading at Rs 262.05, up 2.8% on the BSE.

11:09 AM - Market still looking rather weak an hour into its opening. The market breadth is negative. Heavyweights like ICICI Bank and Siemens down 9% and 7% respectively. Even the IT stocks are looking weak. Sensex is trading at 8972, down 397 points, and Nifty is trading at 2721, down 114 points from the previous close. CNX Midcap index is down 2.3% and BSE Smallcap index is down 2.4%.

11:00 AM - Sell RNRL on bounce, says Ashish Kapur of Invest Shoppe on CNBC Awaaz. The stock is currently trading at Rs 50.30, down 7.3% on the BSE.

10:53 AM - Sell IFCI at Rs 20, says MB Singh, technical analyst, on Zee Business. Buy again at lower level and then hold on to it, he adds. The stock is currently trading at Rs 19.80, down 3.6% on the BSE.

10:46 AM - Merryl Lynch maintains a buy call on Exide Industries with a target of Rs 62, reports CNBC Awaaz. It is expected to give a return of 42%, it adds. The stock is currently trading at Rs 44.60, up 2.3% on the BSE.

10:38 AM - Sell Unitech with a stop loss of Rs 36, says Pradeep Surekha, technical analyst, on Zee Business. Buy again when it reaches Rs 28, he adds. The stock is currently trading at Rs 32.50, down 7.1% on the BSE.

10:31 AM - Sell RIL with a stop loss of Rs 1200, says Anil Singhvi, market expert, on CNBC Awaaz. It will come down to Rs 1100-1120, he adds. The stock is currently trading at Rs 1122, down 4.7% on the BSE.

10:24 AM - Exit from Jindal Steel & Power at Rs 770, says Pradeep Surekha, technical analyst, on Zee Business. Make fresh investment at Rs 650-670, he adds. It might see some resistance at Rs 900, he says. The stock is currently trading at Rs 796, down 3% on the BSE.

10:17 AM - Sell Sasken Communication on next rally, says Anil Singhvi, market expert, on CNBC Awaaz. The stock is currently trading at Rs 43.30, down 20% on the BSE.

10:10 AM - The market opens with news of Nortel filing for bankruptcy hanging over like a shadow. Dow and Nasdaq fall 3%. Asia too presents an unhappy picture with 4-5% cuts across the region. Sensex is trading at 9020, down 350 points, and Nifty is trading at 2728, down 107 points from the previous close. CNX Midcap index is down 0.9% and BSE Smallcap index is down 1.2%. The market breadth is negative with advances at 31 against declines of 381 on the NSE.

10:03 AM - Hold on to Bank of Baroda, says Pradeep Surekha, technical analyst, on Zee Business. It has support at Rs 235 and resistance at Rs 300, he adds. The stock is currently trading at Rs 250.65, down 0.4% on the BSE.

9:57 AM - Look for long-positions in the market today with a strict stop loss of 2700 levels, says Rajat Bose, technical analyst, on CNBC TV18.

9:50 AM - Buy JP Associates at Rs 65 with a target of Rs 72, says Pradeep Surekha, technical analyst, on Zee Business. Keep a stop loss of Rs 63, he adds. The stock is at Rs 70.35, up 5% on the BSE.

9:43 AM - Market will open gap-down and will have breakdown level at 2749 and resistance at 2884, says Anil Maghnani, technical analyst, on CNBC-TV18.

9:39 AM - Market will see resistance at 2880 and support at 2730, says Vijay Bhambwani, technical analyst, on CNBC TV18.