4:00 PM - Positive global cues failed to support the Indian market that saw a flat close as frontline stocks got hammered on account of poor results. Experts feel if the results of Reliance Industries later today are above expectation then there could be a bounce but it is unlikely to sustain. Today, Sensex shut shop at 8813, up 34 points and Nifty at 2713, up 7 points from the previous close. CNX Midcap index was down 2.06% and BSE Smallcap index was down 2.05%. The market breadth was negative with advances at 292 against declines of 895 on the NSE. Top Nifty gainers included Nalco, Bharti Airtel and Power Grid while losers included DLF, Ranbaxy and Hindalco.
3:55 PM - HEM Securities maintains a sell call on Titan Industries with a target of Rs 860 and stop loss of Rs 928, reports CNBC Awaaz. The stock is currently trading at Rs 893, down 2.46% pn the BSE.
3:50 PM - Hold IVRCL Infra as it has resistance at Rs 135 where one can exit the stock, says Hormuz Maloo, technical analyst with Geojit Financial Services, on CNBC Awaaz. The stock is currently trading at Rs 98, down 8.3% pn the BSE.
3:45 PM - Sell Hindalco on any rally as it could go down to Rs 39, says Rajat Bose, technical analyst, on CNBC TV18. The stock is currently trading at Rs 43, down 7.5% pn the BSE.
3:40 PM - It was a bad day as stocks with poor results got punished today. Sensex closed at 8803, up 24 points (provisional) and Nifty at 2708, up 2 points (provisional) from the previous close. CNX Midcap index was down 2.18% and BSE Smallcap index was down 2.05%. The market breadth was negative with advances at 304 against declines of 881 on the NSE.
3:32 PM - Square off all Nifty positions, suggests Devangshu Dutta, market expert, on CNBC TV18, as closing market strategy.
3:30 PM - Maintain Nifty short for a target of 2580 and stop loss above 2740, says Rahul Mohindar, technical analyst, on CNBC TV18, as closing market strategy.
3:27 PM - If Reliance Industries results later today are below expectations, then crucial levels could be broken, says Rajat Bose, technical analyst, on CNBC TV18. Nifty levels to watch for now are 2691-2650-2610 and on any bounce it must sustain above 2750, he feels. Anything less than 2750 on Nifty would be a meaningless recovery, he adds.
3:20 PM - Hold Cairn India as it has a short-term target of Rs 170-175, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 154, up 3.6% on the BSE.
3:14 PM - Buy Ranbaxy for the long term as valuations are attractive at current levels, says Hemang Jani of Sharekhan on NDTV Profit. But the stock could languish in the short term and forex losses need to be looked at carefully, he adds. The stock is currently trading at Rs 186, down 8.94% on the BSE.
3:07 PM - The market looks weak and is likely to retest the October lows, says Mehraboon Irani of Centrum Broking, on CNBC TV18. If the dollar strengthens and rupee weakens after a one-month honeymoon period for US President Obama, then the market could make new lows, he feels. Many stocks could crack once results are out, he adds.
3:01 PM - The European markets continue to trade in the positive. But the Indian market continues to be sticky. Sensex is trading at 8807, up 28 points and Nifty is at 2703, down 2 points from the previous close. CNX Midcap index is down 2.11% and BSE Smallcap index is down 1.95%. The market breadth is negative with advances at 265 against declines of 904 on the NSE.
2:55 PM - Sell Reliance Infrastructure with a target of Rs 450 and stop loss of Rs 565, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 495, down 4.88% on the BSE.
2:47 PM - PL Research maintains a buy call on Nagarjuna Constructions with a target of Rs 90, reports Zee Business. The stock is currently trading at Rs 50, down 5.83% on the BSE.
2:39 PM - SMC Global Securities maintains a buy call on Bharat Electronics with a target of Rs 850 and stop loss of Rs 750, reports CNBC Awaaz. The stock is currently trading at Rs 776, down 0.98% pn the BSE.
2:29 PM - Sell Mahindra & Mahindra with a target of Rs 250 and stop loss of Rs 310, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 282, down 4.48% on the BSE.
2:21 PM - The Indian market is taking positive global cues and mirroring their gains, says Upendra Kulkarni of Fortis Financial, on CNBC Awaaz. This is a good time to invest in frontline large cap stocks for the long term, he adds.
2:14 PM - The market is under pressure and unless Nifty is able to trade above 2800-2825 it seems like a sell on rallies trend, says Vijay Bhambwani, technical analyst, on CNBC TV18. The bears seem to be pushing the market lower at every bounce so one should square off at least 2/3rd of one's short positions, he adds.
2:05 PM - The European markets have opened positive. But the Indian market is under pressure. Sensex is trading at 8755, down 23 points and Nifty is at 2698, down 8 points from the previous close. CNX Midcap index is down 1.92% and BSE Smallcap index is down 1.71%. The market breadth is negative with advances at 284 against declines of 874 on the NSE.
1:56 PM - Buy Polaris with a target of Rs 65 and stop loss of Rs 40, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 43, down 0.92% on the BSE.
1:49 PM - Marico Q3 consolidated net sales is at Rs 622.7 crore versus Rs 506.2 crore (YoY) and PAT at Rs 50.89 crore versus Rs 45.87 crore (YoY), reports NDTV Profit. The stock is currently trading at Rs 57, up 1.24% on the BSE.
1:41 PM - In the FMCG space, sell Amar Remedies and switch to a better stock like Dabur India in this sector that can offer better returns, says Rajesh Tambe, technical analyst, on Zee Business. Amar Remedies is currently trading at Rs 15, down 1.29% on the BSE.
1:31 PM - Crnindia.com maintains a buy call on Opto Circuits with a target of Rs 95 and stop loss of Rs 85, reports CNBC Awaaz. The stock is currently trading at Rs 87, down 0.4% on the BSE.
1:23 PM - Hold Cipla with a short-term target of Rs 205-210 and a stop loss of Rs 170, says Salil Sharma of Kapoor & Sharma Company, on Zee Business. The stock is currently trading at Rs 173, down 3.3% on the BSE.
1:14 PM - The Asian markets are trading ranged. The Indian market is holding onto its morning gains. Sensex is trading at 8844, up 65 points and Nifty is at 2723, up 17 points from the previous close. CNX Midcap index is up 1.12% and BSE Smallcap index is down 1.14%. The market breadth is negative with advances at 331 against declines of 788 on the NSE.
1:04 PM - crnindia.com maintains a buy call on Cairn India with target of Rs 170 and stop loss of Rs 145, reports CNBC Awaaz. The stock is currently trading at Rs 154.40, up 2.7% on the BSE.
12:56 PM - Hold IVRCL with strict stop loss of Rs 97-98, says Kiran Jadhav, technical analyst on NDTV Profit. It has two resistance levels at Rs 100 and Rs 124, he adds. The stock is currently trading at Rs 102.80, down 4.5% on the BSE.
12:49 PM - Goldman Sachs maintains a buy call on NTPC with target of Rs 208, reports CNBC Awaaz. It will show an upside of 16% soon, it adds. The stock is currently trading at Rs 178.65, down 0.6% on the BSE.
12:42 PM - Buy Axis Bank only when it reaches levels of Rs 355-362, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 408.50, up 0.1% on the BSE.
12:35 PM - Sell Punj Lloyd with target of Rs 60, says Kiran Jadhav, technical analyst on NDTV Profit. It has resistance between Rs 108-116, he adds. The stock is currently trading at Rs 96.95, down 3.8% on the BSE.
12:28 PM - Hold Reliance Industries with strict stop loss of Rs 995, says Kiran Jadhav, technical analyst, on NDTV Profit. It has good support at Rs 1055 and resistance at Rs 1330, he adds. The stock is currently trading at Rs 1122, up 0.2% on the BSE.
12:22 PM - Book your losses and exit from Ruchi Soya, says Kiran Jadhav, technical analyst, on NDTV Profit. It has support at Rs 15 after which it could even go down to Rs 5, he adds. There is resistance at Rs 25, he says. The stock is currently trading at Rs 19.15, down 3.8% on the BSE.
12:14 PM - The market at noon is still holding up with both Sensex and Nifty showing marginal gains. Sensex is trading at 8835, up 54 points from its previous close, and Nifty is at 2717, up 11 points. CNX Midcap index is down 1% and BSE Smallcap index is down 0.8%. The market breadth is negative with advances at 376 against declines of 718 on the NSE.
12:07 PM - The inflation figure for week ended January 10 has been declared at 5.6% versus the earlier figure of 5.24%, reports NDTV Profit.
12:03 PM - Buy Axis Bank only when it reaches levels of Rs 355-362, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 413.50, up 1.4% on the BSE.
11:55 AM - Exit at first chance from Maytas Infra, say Ashish Kapur of Invest Shoppe, on NDTV Profit. There is too much of uncertainty surrounding this company, he adds. The stock is currently trading at Rs 95.40, down 5% on the BSE.
11:48 AM - Do not buy Educomp Solutions now, says Ashwani Gujral, technical analyst, on CNBC Awaaz. If it does not sustain the Rs 1500 level, then it will go down to Rs 1200, he adds. It is a very volatile stock, he says. The stock is currently trading at Rs 1605.10, up 4.6% on the BSE.
11:41 AM - Sell ICICI Bank on rally, says Sudhanshu Pandey, technical analyst with LKP Shares, on CNBC Awaaz. It has support at Rs 306 and Rs 283 and two resistance levels of Rs 380 and 388, he adds. The stock is currently trading at Rs 377.50, up 2.3% on the BSE.
11:34 AM - Buy GVK Power when it reaches Rs 15, says MB Singh, technical analyst, on Zee Business. Hold for 12-18 months, he adds. The stock is currently trading at Rs 19.95, up 0.3% on the BSE.
11:27 AM - Sell Maruti Suzuki at Rs 539 with target of Rs 524, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 550, she adds. The stock is currently trading at Rs 537, down 0.7% on the BSE.
11:20 AM - Exit YES Bank on bounce, says Sudhanshu Pandey, technical analyst with LKP Shares, on CNBC Awaaz. It has resistance at Rs 72-75, he adds. The stock is currently trading at Rs 69.55, up 2.1% on the BSE.
11:13 AM - Hold IDBI Bank which has major resistance at Rs 80-82, says market expert on Zee Business. Exit at Rs 75-80, he adds. The stock is currently trading at Rs 56.35, up 0.3% on the BSE.
11:06 AM - An hour after opening, the broader market is not looking very healthy although the index is up. Sensex is trading at 8859, up 80 points from its previous close, and Nifty is at 2722, up 16 points. CNX Midcap index is down 0.5% and BSE Smallcap index is down 0.04%. The market breadth is negative with advances at 444 against declines of 562 on the NSE.
11:00 AM - Hold JP Associates with stop loss of Rs 61, says market expert on Zee Business. It has major resistance at Rs 72 after which it can go up to Rs 85, he adds. The stock is currently trading at Rs 66.60, up 2.2% on the BSE.
10:53 AM - Buy RPL at Rs 65-75, says MB Singh, technical analyst, on Zee Business. Hold for one year, he adds. The stock is currently trading at Rs 78.65, up 0.6% on the BSE.
10:46 AM - Sell ICICI Bank at Rs 369 with target of Rs 351, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 380, she adds. The stock is currently trading at Rs 379.15, up 2.8% on the BSE.
10:40 AM - Sell HCL Technologies on rally, says Sudhanshu Pandey, technical analyst with LKP Shares, on CNBC Awaaz. It has major resistance at Rs 130-145, he adds. The stock is currently trading at Rs 117.10, up 2% on the BSE.
10:33 AM - Exit from Educomp Solutions with trailing stop loss of Rs 1625-1680, says market expert on Zee Business. Buy again at Rs 1389, he adds. The stock is currently trading at Rs 1609, up 4.8% on the BSE.
10:26 AM - Sell Sterlite Industries on rally, says Sudhanshu Pandey, technical analyst with LKP Shares, on CNBC Awaaz. It has two resistance levels of Rs 246 and 254, he adds. The stock is currently trading at Rs 244.30, up 3% on the BSE.
10:19 AM - Buy Polaris with target of Rs 65, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 40, he adds. The stock is currently trading at Rs 44.80, up 3% on the BSE.
10:12 AM - The important level for Nifty today will be 2675, says Rahul Mohindar, technical analyst, on CNBC Awaaz. If this level is broken then it will go down by 100 points, he adds.
10:05 AM - The market gets off to a positive start today. Sensex is trading at 8893, up 117 points from its previous close, and Nifty is at 2734, up 30 points. CNX Midcap index is down 1.3% and BSE Smallcap index is up 0.5%.
10:00 AM - Hold Reliance Capital with stop loss of Rs 370-375, says stock market expert on Zee Business. Keep targets of Rs 415 and Rs 450, he adds. The stock is at Rs 394.20, down 5.5% on the BSE.
9:52 AM - Bharti Airtel has announced its third quarter numbers, reports CNBC TV18. The company's Q3 net profit jumped 15.26% at Rs 1976.4 crore versus Rs 1,714.66 crore, QoQ (Indian GAAP), it adds. Its consolidated revenues were up by 8.34% at Rs 9,667.4 crore versus Rs 8,923.6 crore, QoQ (Indian GAAP), it says.
9:45 AM - Nifty will see two support levels of 2630 and 2690 and resistance between 2550-2800, says Anil Maghnani, technical analyst, on CNBC TV18. He advises going short on rallies.
9:38 AM - Market will have a gap-up opening today, says Siddharth Bhamre of Angel Broking, on CNBC TV18. He sees resistance for Nifty at 2800-2850. Advises intra-day traders to go short on any buys.

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