3/9/2014 stocks news

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The BSE Sensex on Tuesday surged past 27,000 to a third consecutive record high as blue-chips such as HDFC Bank gained after recent data raised hopes about the economy. The milestone comes a day after the broader Nifty surpassed the 8,000 level for the first time, providing a further psychological lift that has made India the best performer this year in dollar terms in Asian equities.

Traders attributed the gains on Tuesday to data showing the balance of payments was in surplus for a third straight quarter, while the current account deficit widened but stayed within comfort.

Foreign investors bought Indian shares worth Rs 554 crore on Monday, taking their total purchase to over $13 billion so far in 2014.

The 30-share BSE Sensex rose as much as 0.8 per cent to a record high of 27,082.85 before ending 0.57 per cent higher at 27,019.39. The Nifty also hit a record high, rising as much as 0.92 per cent to 8,101.95. It ended up 0.69 per cent.

Tata Consultancy Services (TCS), HCL Technologies and HDFC Bank are among the the 50 best public companies in Asia-Pacific according to a compilation by Forbes, which ranked India second behind China as home to the "world's next growth engines".

The Forbes 2014 'honour roll of the Fabulous 50' lists best of Asia-Pacific's biggest publicly traded companies. China has 16 companies on the list, more than any other country, a distinction it has enjoyed for the last three years. However, the number of Chinese companies on the list has gone down from 20 last year on the back of slow economic growth in the country.
India trails China with 12 companies on the list, the same number as last year.

The Indian companies are Asian Paints, Axis Bank, HCL Technologies, HDFC Bank, Lupin, Mahindra and Mahindra, Mothersome Sumi Systems, Sun Pharma, TCS, Tata Motors, Tech Mahindra and Titan.

 

  

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What To Do Today..........

Our Opininon for Today's Market.......

1.Market Looks Volatile.....

1.Some Insider Say NIfTy go up to 6200

What To Do Today........

Nifty....Today Face Resistance at......7948...7985..8035

Nifty.....Today Support at ..7720...7662...7605

Nifty Range...6300--------8200

TRACK ME RESEARCH......

NEXT TGT FOR

Our Opinion for Today's Market.......

1.Stock Specific Movement Expected Today ......

2. Mid-caps Looks Good....

INTRADAY HOT STOCKS: 3/9/2014

buy fedral bk sl 117 tgt 130++

buy apollty sl 182 tgt 190++

buy tatamoter sl 500 tgt 530/540 

buy ril sl 968 tgt 1010/1028/1040/1060

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