4:00 PM - It was a good day for the market that saw a strong short covering rally in last hour of trade led by the Reliance pack. Sensex shut shop at 9370, up 299 points and Nifty at 2835, up 90 points from the previous close. CNX Midcap index was up 2.36% and BSE Smallcap index was up 1.26%. There was buying in oil & gas, IT and realty stocks. The market breadth was positive with advances at 803 against declines of 385 on the NSE. Top Nifty gainers included Reliance Infrastructure, Reliance Communication and RIL while losers included Grasim, Maruti Suzuki and GAIL.

3:55 PM - Buy Balrampur Chini with a target of Rs 55-72 and stop loss of Rs 43, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 47, up 8% on BSE.

3:50 PM - The market has seen a short covering rally today and Nifty above 2800 is good, says Vijay Bhambwani, technical analyst, on CNBC TV18. Nifty needs to close above 2800 for 2-3 sessions and then it could even go to 2925-2940, he adds.

3:46 PM - Hold Indiabulls Finance with a target of Rs 140-150 in the near term, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 112, down 4.99% on BSE.

3:40 PM - The market closed at the high point of the day led by smart moves on Reliance stocks. Sensex closed at 9403, up 331 points (provisional) and Nifty at 2852, up 107 points (provisional) from the previous close. CNX Midcap index was up 2.35% and BSE Smallcap index was up 1.45%. The market breadth was positive with advances at 810 against declines of 379 on the NSE.

3:36 PM - Buy Nifty 2800 straddle and hold till expiry, says Sudarshan Sukhani, technical analyst, on CNBC-TV18, as closing market strategy.

3:34 PM - Initiate Nifty long with a target of 2870 and stop loss of 2790-2800, says Rahul Mohindar, technical analyst, on CNBC-TV18, as closing market strategy.

3:31 PM - Buy IVRCL Infra with a target of Rs 150-155 in the near term, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 115, up 0.92% on BSE.

3:26 PM - Hold Alok Industries with a target of Rs 20 where one can exit the stock and maintain a stop loss of Rs 14, says Rajesh Jain of SMC Global Securities, on CNBC Awaaz. The stock is currently trading at Rs 16, almost flat on BSE.

3:24 PM - Hold GMR Infra with a target of Rs 94 and stop loss of Rs 67, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 76, up 8.16% on BSE.

3:20 PM - HDFC Bank posts Q3 PAT (YoY) at Rs 622 crore versus Rs 429 crore (up 45%), Q3 NII at Rs 1979 crore versus Rs 1438 crore (up 38%), treasurary profit at Rs 180 crore, says Paresh Sukhtankat, ED of the company, on NDTV Profit. The bank has been able to improve NIMs post merger with CBoP and there has been a fee income growth of 40%, he adds. The stock is currently trading at Rs 984, down 0.49% on BSE.

3:16 PM - The market is seeing a pullback rally on the back of short covering, says Siddharth Bhamre of Amgel Broking, on CNBC TV18. Go short around Nifty levels of 2900-2950, he says.

3:10 PM - The worst is yet to come in world markets, says Kirby Daley of Newedge Group, on CNBC TV18. The stimulus package impact on markets almost seems hopeful and childish, he feels. Any rally now till US President Barack Obama takes office should be used as an opportunity to sell out, he adds.

3:06 PM - The market is likely to trade in a range for some time, says Deven Choksey of KR Choksey, on CNBC-TV18. If Nifty moves closer to 2850 then the market could see some fund activity, he adds.

3:00 PM - The Asian markets closed in the positive after four days of pain. The European markets are trading flat. The Indian market continues to look good and is holding on to its gains. Sensex is trading at 9287, up 215 points and Nifty is at 2809, up 63 points from the previous close. CNX Midcap index is up 1.34% and BSE Smallcap index is up 0.71%. The market breadth is positive with advances at 763 against declines of 419 on the NSE.

2:50 PM - KR Choksey Research maintains a buy call on Colgate Palmolive with a target of Rs 474, reports Zee Business. The stock is currently trading at Rs 394, up 1.16% on the BSE.

2:42 PM - Buy Mahindra & Mahindra with a target of Rs 330-342 and stop loss of Rs 300, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 317, up 4.45% on BSE.

2:32 PM - Buy Bank of India with a target of Rs 285 and stop loss of Rs 240, says Rahul Mohindar, technical analyst, on CNBC TV18. The stock is currently trading at Rs 256, up 1.77% on BSE.

2:24 PM - Buy IOC with a target of Rs 446-452 and stop loss of Rs 422, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 435, down 0.38% on BSE.

2:16 PM - Buy Axis Bank around Rs 400-450 with a target of Rs 468 after which there can be a fresh upmove, says Rahul Mohindar, technical analyst, on CNBC TV18. Maintain a stop loss of Rs 420, he adds. The stock is currently trading at Rs 445, up 1.18% on BSE.

2:09 PM - The market is trading firm and looking good. Sensex is trading at 9279, up 207 points and Nifty is at 2804, up 59 points from the previous close. CNX Midcap index is up 1.72% and BSE Smallcap index is up 1.04%. All indices are in the positive with buying in IT, oil and gas, metal, realty and technology stocks. The market breadth is positive with advances at 781 against declines of 383 on the NSE.

1:57 PM - Buy ACC around Rs 510 with a target of Rs 532-545 and stop loss of Rs 495, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 518, up 2% on BSE.

1:47 PM - KR Choksey Research maintains a buy call on RCom with a target of Rs 272, reports Zee Business. The stock is currently trading at Rs 171, up 1.85% on the BSE.

1:37 PM - Hem Securities maintains a sell call on ACC with a target of Rs 462 and stop loss of Rs 511, reports CNBC Awaaz. The stock is currently trading at Rs 518, up 2% on BSE.

1:29 PM - The market is likely to go through a difficult phase for the next 2-3 months, says Vibhav Kapoor of IL&FS, on CNBC TV18. The possibility of the market touching the October lows is very much on the cards, he feels. But for the near term the market could be in a range, he adds.

1:21 PM - Sell Prism Cement on any rally and switch to frontline cement stocks like ACC, Grasim or Ambuja Cements, says Ashish Kapoor, CEO of Investshoppe, on Zee Business. Prism is currently trading at Rs 18, up 5.18% on the BSE.

1:11 PM - The Asian markets started sticky but are now looking smart. The Indian market is seeing a firm session led by frontline stocks. Sensex is trading at 9295, up 224 points and Nifty is at 2805, up 60 points from the previous close. CNX Midcap index is up 1.69% and BSE Smallcap index is up 0.46%. The market breadth is positive with advances at 791 against declines of 366 on the NSE.

1:00 PM - Hold on to BHEL for the time being, says Rajish Dhall, technical analyst, on NDTV Profit. It has support at Rs 1150-1175 and resistance at Rs 1560-1600 at which you can exit, he adds. The stock is currently trading at Rs 1371.10, up 0.9% on the BSE.

12:53 PM - Hold on to Reliance Communications, says DD Sharma of Anand Rathi Securities on NDTV Profit. It will give returns of 30% in the next 2-3 years, he adds. Expand portfolio if possible, he says. The stock is currently trading at Rs 171.70, up 2.2% on the BSE.

12:46 PM - Sell GMR Infra, says Rajish Dhall, technical analyst, on NDTV Profit. It has some support at Rs 50 and resistance at Rs 105, he adds. Instead invest in DLF, he adds The stock is currently trading at Rs 72.85, up 2.5% on the BSE.

12:39 PM - Hold on to Wipro for the time being, says Sharmila Joshi of Prabhudas Lilladher, on CNBC TV18. But exit on rally and shift position to TCS or Infosys, she adds. The stock is currently trading at Rs 245.20, up 1.7% on the BSE.

12:32 PM - Hold on to Wockhardt for 3-4 years, says Ashish Kapur of Invest Shoppe, on CNBC Awaaz. He is bullish on this stock for long-term gains. The stock is currently trading at Rs 107, up 0.6% on the BSE.

12:25 PM - Book partial profits on Satyam Computers, says Rajish Dhall, technical analyst, on NDTV Profit. Hold the rest with a stop loss of Rs 18.50, he adds. It may test a range of Rs 50-60, he says. The stock is currently trading at Rs 29.70, down 5% on the BSE.

12:18 PM - Sell Biocon on next rally, says Prakash Gaba, technical analyst, on CNBC Awaaz. It has resistance at Rs 151-160 at which level you can exit, he adds. The stock is currently trading at Rs 115.85, up 0.7% on the BSE.

12:11 PM - Exit from Rolta India at every rise, says Rajish Dhall, technical analyst, on NDTV Profit. It has some support at Rs 60 and might see some resistance at Rs 120, he adds. The stock is currently trading at Rs 85.15, down 2.3% on the BSE.

12:04 PM - Hold on to HDFC with a stop loss of Rs 825, says Rajish Dhall, technical analyst, on NDTV Profit. It will see some resistance at Rs 1150, he adds. The stock is currently trading at Rs 1006.10, up 1.7% on the BSE.

11:57 AM - The market is bold on its gain with the Sensex trading at 9379, up 308 points, and Nifty is trading at 2830, up 86 points. CNX Midcap index is up 2.1% and BSE Smallcap index is up 1.3%. The market breadth is positive with advances at 817 against declines of 295 on the NSE.

11:50 AM - Hold on to Sun Pharma, says Prakash Gabba, technical analyst, on CNBC Awaaz. It has strong support at Rs 1000 and resistance at Rs 1250-1300, he adds. The stock is currently trading at Rs 1122, down 1.1% on the BSE.

11:41 AM - Hold on to Aban Offshore for the time being and then exit on next rally, says Ashish Kukreja, stock market expert on Zee Business. The stock is currently trading at Rs 677, up 2.9% on the BSE.

11:34 AM - Hold on to Dr Reddy's which has support at Rs 340, says Prakash Gaba, technical analyst, on CNBC Awaaz. It has resistance at Rs 520 at which level you may exit, he adds. The stock is currently trading at Rs 467.70, up 3.1% on the BSE.

11:27 AM - Hold on to Glenmark Pharma which has strong support at Rs 215, says Prakash Gaba, technical analyst, on CNBC Awaaz. Buy more at dips for long-term view, he adds. The stock is currently trading at Rs 237.90, up 7.4% on the BSE.

11:20 AM - Hold on to Ranbaxy with a long-term view, says Ashish Kapur of Invest Shoppe on CNBC Awaaz. Fresh investers may buy at dip, he adds. The stock is currently trading at Rs 216.10, down 0.14% on the BSE.

11:13 AM - Hold on to Reliance Communication for now, says Simi Bhaumik, technical analyst, on Zee Business. It has resistance at levels of Rs 179 and Rs 186, she adds. Exit if it does not cross these levels, she says. The stock is currently trading at Rs 174.70, up 4.05% on the BSE.

11:06 AM - The market has maintained some kind of stability an hour into its opening. Midcap is putting on some weight and Petronet LNG has shot up by 10%. Sensex is trading at 9335, up 264 points, and Nifty is trading at 2815, up 70 points from its previous close. CNX Midcap index is up 1.9% and BSE Smallcap index is up 1.2%.

10:58 AM - Hold on to ABG Shipyard with a long-term view, says Ashish Kukreja, stock market expert, on Zee Business. The stock is currently trading at Rs 113, up 1.7% on the BSE.

10:51 AM - Buy GSPL with a target of Rs 42 and stop loss of Rs 28, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 32.80, up 3.8% on the BSE.

10:44 AM - Buy SBI in small numbers with a target of Rs 1225-1230, says Simi Bhaumik, technical analyst, on Zee Business. Maintain a stop loss of Rs 1180-1174, she adds. The stock is currently trading at Rs 1187.80, up 0.9% on the BSE.

10:37 AM - Buy ICICI Bank, says Bharat Dalal, technical analyst of Dawnay Day AV Financial Services, on NDTV Profit. It has support at Rs 435 and resistance at Rs 460, he adds. The stock is currently trading at Rs 443.60, up 4% on the BSE.

10:30 AM - Markets may be in the range of 8000-12000 levels, says R. Amarnath of Centrum Capital on NDTV Profit. Markets to remain volatile for the next 2-3 months, he adds.

10:23 AM - Exit Rolta India on next rally, says Simi Bhaumik, technical analyst, on Zee Business. It faces major resistance at Rs 100-105, she adds. The stock is currently trading at Rs 89.80, up 3.04% on the BSE.

10:16 AM - Market will remain volatile until Friday, says Rajat Bose, technical analyst, on CNBC Awaaz. Do not take any short positions in this market, he adds. Crucial level for Nifty is 2730, he says.

10:09 AM - The market has opened up on a reasonable note today with a gain of 2%. Sensex is trading at 9273, up 202 points, and Nifty is trading at 2796, up 51 points from the previous close. CNX Midcap index is up 1.3% and BSE Smallcap index is up 0.8%. The market breadth is positive with advances at 272 against declines of 82 on the NSE.

10:02 AM - Hold on to Amtek Auto, says Simi Bhaumik, technical analyst, on Zee Business.It has support at Rs 50 and resistance at Rs 65-72, she adds. The stock is currently trading at Rs 54.60, down 0.5% on the BSE.

9:54 AM - Buy ICICI Bank at lower levels, says Ashwani Gujral, technical analyst, on CNBC Awaaz. It has support at Rs 365-366 and resistance at Rs 536, he adds. The stock is currently trading at Rs 426.25, down 2.7% on the BSE.

9:47 AM - Hold on to Unitech with a stop loss of Rs 30, says Simi Bhaumik, technical analyst, on Zee Business. It has resistance at Rs 37-38, she adds. The stock is currently trading at Rs 34.10, up 0.2% on the BSE.

9:40 AM - Market will be flat to positive today, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Nifty will see a key support at 2500, he adds.

9:32 AM - Market will see some positive though volatile trading today, says Anil Singhvi, market expert, on CNBC Awaaz. If Sensex maintains a range of 9000-9500 then that should bode well for the market, he adds. Midcap and smallcap will not see much trading today, he says.