Stock Market on Wednesday closed inRed. The Indian stock market traded weak once again and despite a good recovery in the closing minutes, ended on the negative side on Wednesday. Capital goods and automobile stocks ended weak. Bank and realty stocks too traded lower for much of the trading session, but managed to pare some losses during the closing minutes. Oil and metal stocks ended mostly lower. Power stocks found some support after Tuesday's decline. Information technology, FMCG and healthcare stocks ended on a mixed note.◄•••❂❂❂❂❂❂
closing Session on Today:slipped 83 points or 0.39% to close at 21,171.41.
Closing Session on Today: closed at 6,307.90, down 24 points from previous close.
Dollar/Rupee:Rupee traded weaker at 61.30
Nifty Gainers:NTPC, HCL Technologies, H D F C, Coal India, ITC, Axis Bank
Sensex Losers:Pipavav Defence, Voltas, JSW Energy, Oriental Bank, Multi Comm. Exc., Adani Enterp.
Nifty Losers: Tata Motors, St Bk of India, Bank of Baroda, Bharti Airtel, B P C L, B H E L
Trading Stock Tips "Short Term Calls" for 12Dec 2013:-
Wipro is a buy call with a target of Rs 530 and a stop loss of Rs 515. Tata Motors is a sell call with a target of Rs 370 and a stop loss of Rs 384.50. Hindustan Zinc Ltd is a buy call with a target of Rs 145 and a stop loss of Rs 129.
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for next week 16-20 Dec 2013 and also for Tomorrow and Friday too i.e
on 12 & 13th
Dec 2013 respectively.