MARKET WRAP: Benchmarks end flat, Sensex up 42 pts; realty, IT stocks slip

All that happened in the markets today

9:22 AM

Maruti Suzuki gains on increase in production

-- Maruti Suzuki India (MSI) increased its production in November by 4.33 per cent, after having reduced output for nine straight months due to lower demand. 

9:21 AM

Bharti Infratel slips over 2%

-- Bharti Telecom, a promoter of Bharti Airtel, has sought government nod for the infusion of Rs 4,900 crore investment from Singapore-based Singtel and other foreign entities, a move that would make the country's oldest private telecom operator a foreign entity.

9:20 AM

Sectoral trends at NSE during Opening trade

9:19 AM

Top gainers and losers on S&P BSE Sensex during Opening trade

9:17 AM

Market at open

9:16 AM

Market at open

9:02 AM

Top gainers and losers on S&P BSE Sensex during Pre-open

9:02 AM

Market at Pre-open

9:01 AM

Market at Pre-open

9:01 AM

Rupee opening

Rupee opens lower at 71.29/$ vs Friday's close of 71.19 against the US dollar

8:54 AM

Stocks to watch: Maruti, Bharti Airtel, ITC, Punjab & Sind Bank, CG Power

Here's a look at the top stocks that may trade actively in today's trading session -

 

Bharti Airtel, Infratel: Bharti Telecom, a promoter of Bharti Airtel, has sought government nod for the infusion of Rs 4,900 crore investment from Singapore-based Singtel and other foreign entities, a move that would make the country's oldest private telecom operator a foreign entity. 
 

Maruti: Maruti Suzuki India (MSI) increased its production in November by 4.33 per cent, after having reduced output for nine straight months due to lower demand. READ MORE 

8:48 AM

Investors weigh options as top firms turn expensive after lopsided rally

Investors are starting to weigh the merits of rotating into small- and mid-sized stocks after a few large companies drove a record-breaking rally in the main equity index.

 

“Leadership in India’s rally has been very narrow,” Tim Moe, chief Asia Pacific equity strategist for Goldman Sachs Group Inc., said last week in Mumbai. “Valuations are at the high end of the range, both in historical terms and relative valuation compared with the region as a whole.” READ MORE

8:43 AM

Nifty view & top picks by Prabhudas Lilladher

BUY COLGATE PAL | CMP: Rs 1,480.60 | TARGET: Rs 1,650 | STOP LOSS: Rs 1,420

 

After a decent correction from the peak of Rs 1,640 levels the stock has indicated a trend reversal with a bullish candle pattern to imply positive bias and also with the RSI showing a trend reversal from the oversold zone has signaled a buy. The chart looking attractive and risk reward being favorable, we suggest to buy this stock for an upside target of Rs 1,650 keeping a stop loss of Rs 1,420. READ MORE

8:39 AM

Top trading ideas by CapitalVia

Sell: Maruti Suzuki India Limited (Below Rs 6,864)

 

Target: Rs 6,809

Stop loss: Rs 6,914

 

The stock is indicating selling action from major moving averages in daily chart. Moreover, the stock has given a breakout from its support level of 7,000 and might continue to trade in the negative direction until its next support of 6,558. READ MORE

8:35 AM

Nifty outlook and stock pick by Angel Broking

Buy Larsen & Toubro

 

Last Close – Rs.1,290.80

 

Justification – This stock has not participated in the current bull run and has now reached its long-term support zone at 1,280 – 1,290 levels. In the recent past, this zone has acted as a strong demand zone resulting in a strong bounce back; in the month of May, the stock prices rallied from the levels of 1,290 to 1,586 levels; whereas in September, the stock prices rallied from 1,290 to 1,550 levels. READ MORE