4:01 PM - The market ended in the positive masking a volatile session due to profit booking. It was cement stocks that helped the market close higher. Sensex shut shop at 10335, up 60 points and Nifty at 3112, down 8 points from the previous close. CNX Midcap index was down 0.64% and BSE Smallcap index was down 0.23%. The market breadth was negative with advances at 522 against declines of 707 on the NSE. Top Nifty gainers included Ambuja Cements, Grasim and ACC while losers included DLF, RCom and Unitech.

3:57 PM - Buy India Cements around Rs 110, it has a target of Rs 125-135, says Jatindar Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 118, up 11.9% on the BSE.

3:50 PM - The rally is still far from over, says E Mathew, technical analyst, on CNBC Awaaz. Nifty is now likely to be in the range of 3150-3230 as it has stiff resistance in this range, he feels. One can hold long positions, but book 50% profits, he says. The good level to re-enter Nifty would be 2900-2950, he adds.

3:44 PM - It was a volatile session with the market ending the day in the positive thanks to the outperformance of the cement sector. Sensex closed at 10377, up 101 points (provisional) and Nifty at 3126, up 5 points (provisional) from the previous close. CNX Midcap index was down 0.64% and BSE Smallcap index was down 0.01%. The market breadth was negative with advances at 556 against declines of 670 on the NSE.

3:40 PM - The cement sector may offer a positive surprise and one can buy into this space at current levels, says Mehraboon Irani of Centrum Broking, on CNBC TV18. Grasim, Shree Cement and Ambuja Cement are the top picks in this space, he adds.

3:35 PM - Hold Nifty long futures for a target of 3165 and stop loss of 3085, says Rajat Bose, technical analyst, on CNBC-TV18, as closing market strategy.

3:34 PM - Maintain Nifty long futures for a target of 3180 and stop loss of 3078, says Rahul Mohindar, technical analyst, on CNBC-TV18, as closing market strategy.

3:32 PM - The market will continue to be rangebound, says Ajay Bagga, market expert, on CNBC Awaaz. Nifty range is likely to be 2600-3150 and market is likely to be under pressure as corporate season is expected to be bad, he adds.

3:18 PM - SMC Global maintains a buy call on KS Oils with a target of Rs 65 and stop loss of Rs 50, reports CNBC Awaaz. The stock is currently trading at Rs 54, down 3.60% on the BSE.

3:12 PM - Buy TCS with a target of Rs 550 and stop loss of Rs 490, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 503, down 2.32% on the BSE.

3:08 PM - One can book profits if Nifty goes below 3085, says Rajat Bose, technical analyst, on CNBC TV18. Unless Nifty 3045 is broken, one would not initiate any fresh longs, he adds.

3:01 PM - The Asian markets closed mixed while European markets were quiet. The Indian market saw profit booking post lunch and is under pressure. Sensex is trading at 10226, down 49 points and Nifty is at 3082, down 39 points from the previous close. CNX Midcap index is down 1.42% and BSE Smallcap index is down 0.85%. The market breadth is negative with advances at 437 against declines of 775 on the NSE.

2:52 PM - Sharekhan maintains a buy call on Shiv Vani Oil with a target of Rs 420, reports Zee Business. The stock is currently trading at Rs 138, down 1.85% on the BSE.

2:43 PM - Buy Reliance Capital with a target of Rs 665 and stop loss of Rs 590, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 597, down 1.2% on the BSE.

2:37 PM - SMC Global maintains a buy call on Sesa Goa with a target of Rs 125 and stop loss of Rs 85, reports CNBC Awaaz. The stock is currently trading at Rs 93, down 2.19% on the BSE.

2:30 PM - Buy RNRL with a target of Rs 75 and stop loss of Rs 60, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 61, down 0.80% on the BSE.

2:23 PM - The upside momentum in the market is intact as it is far from the Nifty breakdown levels of 2700-2750, says Anil Maghnani, technical analyst, on CNBC TV18. This is a traders market and one can buy on dips, he adds.

2:14 PM - The market has lost its morning gains and is now under pressure. Sensex is trading at 10240, down 34 points and Nifty is at 3093, down 28 points from the previous close. CNX Midcap index is down 0.76% and BSE Smallcap index is down 0.26%. The market breadth has turned negative with advances at 534 against declines of 663 on the NSE.

2:04 PM - Buy JP Hydro on dips, it has resistance at 36 after which it can move up further, says Anuj Dixit of Globe Capital, on Zee Business. Maintain a stop loss of Rs 25, he adds. The stock is currently trading at Rs 35, up 7.16% on the BSE.

1:52 PM - India's consumption story is robust and Indian fundamentals are strong, says Sunil Bharati Mittal, Chairman of Bharati Airtel, on NDTV Profit. The government needs to boost infrastructure spending and the auto industry to drive growth, he feels. Indian banks are in good shape, he adds. The need is for futuristic M&A norms as it is the way forward, he says. It is important to have a robust 3G auction, he feels.

1:45 PM - Hold Petronet LNG as it has resistance at 43 where one can book partial profits and then it could go to Rs 62, says Anuj Dixit of Gupta Securities, on Zee Business. The stock is currently trading at Rs 42, down 0.35% on the BSE.

1:37 PM - In the banking space, BoB and SBI look good and NTPC can be accumulated for the long term as these can offer good returns, says Salil Sharma of Kapoor & Sharma Company, on CNBC Awaaz.

1:29 PM - Hold Reliance Industries as it has some more steam and can go to Rs 1461, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 1374, up 0.60% on the BSE.

1:21 PM - Sell Srei Infra at any rally, it has resistance at Rs 55-56 where one can book profits, says Salil Sharma of Kapoor & Sharma Company, on CNBC Awaaz. In the same space, one can switch to IDFC or IVRCL Infra, he adds. The stock is currently trading at Rs 55, up 2.04% on the BSE.

1:14 PM - The Asian markets are trading mixed. The Indian market is also trading quiet. Sensex is trading at 10382, up 106 points and Nifty is at 3140, up 18 points from the previous close. CNX Midcap index is up 0.60% and BSE Smallcap index is up 1.04%. There is buying in metals, banking and auto stocks. The market breadth is positive with advances at 768 against declines of 403 on the NSE.

1:06 PM - L&T has bagged orders worth Rs 1100 crore, reports CNBC TV18. The stock is currently trading at Rs 849, down 0.63% on the BSE.

12:57 PM - Buy Dr Reddy's with a target of Rs 520 and stop loss of Rs 475, says Nitin Murarka, technical analyst, on Zee Business. The stock is currently trading at Rs 485, up 3.03% on the BSE.

12:49 PM - Sell Bharti Airtel with a target of Rs 640 and stop loss of Rs 700, says Pradeep Surekha, technical analyst, on Zee Business. The stock is currently trading at Rs 664.85, down 3% on the BSE.

12:41 PM - Hold on to Hindustan Zinc with a long-term view, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. It has support at Rs 275 and resistance at Rs 445, he adds. The stock is currently trading at Rs 418.60, up 8.6% on the BSE.

12:33 PM - L&T is expected to give a return of 35-40% in 2009, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. The stock is currently trading at Rs 843.70, down 1.3% on the BSE.

12:26 PM - Buy Suzlon Energy Ltd. with a target of Rs 73 and stop loss of Rs 67, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 68.80, up 1.85% on the BSE.

12:20 PM - Positive momentum is expected in stocks like ICICI, SBI and L&T and BHEL, says Deven Choksey of KR Choksey, on CNBC-TV18.

12:13 PM - Buy Corporation Bank with a target of Rs 300, says Ashish Kapoor of Investshoppe, on CNBC Awaaz. The stock is currently trading at Rs 204.55, up 0.8% on the BSE.

12:05 PM - At noon, the market continues to be range-bound. Sensex trading at 10344, up 65 points, and Nifty at 3133, up 11.45 from the previous close. CNX Midcap is up 0.6% and BSE Midcap is up 0.9%. The market breadth is positive with advances at 691 against declines of 424.

11:56 AM - Hold on to IDFC with a long-term view, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. On short-term basis one may exit at Rs 85, he adds. It has support at Rs 47 and resistance at Rs 98. The stock is currently trading at Rs 73, up 2.1% on the BSE.

11:49 AM - Hold on to SREI Infrastructure which has support at Rs 35, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. It will show some resistance at Rs 65 after which it might comfortably break out, he adds. The stock is currently trading at Rs 55.50, up 2.78% on the BSE.

11:42 AM - Hold on to Bank of Baroda with a long-term view, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. It has support at Rs 240 and resistance at Rs 330, he adds. The stock is currently trading at Rs 293.85, up 0.07% on the BSE.

11:34 AM - One can sell Reliance Industries at Rs 1365-1400 and buy again on correction at Rs 1175, says Gaurang Shah of Geojit Financials, on Zee Business. The stock is currently trading at Rs 1363.80, down 0.14% on the BSE.

11:27 AM - Hold on to IDBI Bank which has support at Rs 58 and resistance at Rs 86, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 73.30, up 1.03% on the BSE.

11:19 AM - Fortis Healthcare is expected to give a return of 50-65% in 2009, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. Long-term investors can expect a return of 150-200%, he adds. The stock is currently trading at Rs 70.20, up 0.4% on the BSE.

11:13 AM - One can sell SAIL at Rs 96-100 and buy again on correction at Rs 72-75, says Gaurang Shah of Geojit Financials, on Zee Business. The stock is currently trading at Rs 92.95, up 3.6% on the BSE.

11:06 AM - The market is relatively quiet with the Nifty touching red, trading at 3116, down 5 points, and the Sensex trading at 10285, up 10.5 points from the previous close. CNX Midcap is up 1.3%. The market breadth is positive with advances at 612 against 438 declines.

10:58 AM - ashwanigujral.com maintains a buy call on Hindustan Construction Company with a target of Rs 81 and stop loss of Rs 50, reports CNBC Awaaz. The stock is currently trading at Rs 59.50, up 1.7% on the BSE.

10:51 AM - One can average out at Rs 34-32 with Dena Bank, says Gaurang Shah of Geojit Financials, on Zee Business. The stock is currently trading at Rs 40.80, down 4.9% on the BSE.

10:41 AM - Monetary easing will help create base for recovery in H2CY09, says Rajeev Malik of Macquarie Capital, on CNBC TV-18. Inflation can turn negative moving from here, though temporarily, he adds.

10:33 AM - ICICI Bank will show resistance at Rs 480-500 after which it will go up to Rs 500-550, says Sudhanshu Pandey, technical analyst with LKP Shares, on CNBC Awaaz. The stock is currently trading at Rs 507.20, up 1.5% on the BSE.

10:25 AM - Hem Securities maintains a buy call on ONGC with a target of Rs 763 and stop loss of Rs 708, reports CNBC Awaaz. The stock is currently trading at Rs 717.65, down 0.8% on the BSE.

10:18 AM - Balrampur Chini Mills Ltd. is expected to give a return of 65-85% in 12 months, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. The stock is currently trading at Rs 51.20, up 1.09% on the BSE.

10:12 AM - The market has opened on a quiet note with the Sensex trading at 10257, up 21.15 points, and Nifty trading at 3126, up 5.3points from the previous close. CNX Midcap 100 was up 0.14% and BSE Midcap was up 0.4%.

10:03 AM - Buy Sun Pharmaceuticals Ltd. at Rs 1000, says Anil Singhvi, market expert on CNBC Awaaz. The stock is at Rs 1043.85, down 0.4% on the BSE.

9:57 AM - Bartronics India Ltd. will give return of 75-80% in 2-3 years' time, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. The stock is at Rs 87.15, up 1.9% on the BSE.

9:49 AM - Short-term investors in Reliance Communications should maintain a stop loss of Rs 245, says MB Singh, technical analyst, on Zee Business. On the high side the stock might face breakout at Rs 350-370, he adds. The stock is at Rs 263.75, up 5.35% on the BSE.

9:42 AM - Buy Voltamp Transformers at Rs 400 with a stop loss of Rs 385, says Sudhanshu Pandey, technical analyst with LKP Shares, on CNBC Awaaz. The stock is currently trading at Rs 412.25, up 12.16% on the BSE.

9:35 AM - Market is expected to be choppy today, says Ashwani Gujral, technical analyst, on CNBC-TV18. Nifty will see support at 3080-3100 and resistance at 3167-3240, he adds.