The stock market opened inconsistent today closing ahead of October F&O contracts today.

The BSE benchmark, 30-share index, Sensex opened at a minute gain of 5 points to 18,714.97 and the NSE benchmark, 50- share index which hopped 0.15 points to 5,691.55.

In the Automobile sector, Hero Motocorp dropped 0.8 percent while Sterite rose up 2 percent.
After the business Standard report of Sanjiv Goenka leading race for Firstsource acquisition, the share rapidly climbed up 3.4 percent.
 Kingfisher descended 2 percent after the engineers refused the three month salary.

The BSE midcap index also accelerated 0.1 percent whereas the BSE smallcap index climbed up 0.4 percent.

Intraday Tips for Nifty today

1. Hindustan Unilever Ltd is a 'BUY' call with a target of Rs 585 and a stop loss of Rs 560 

2. Sun Pharmaceuticals Ltd is a 'BUY' call with a target of Rs 690 and a stop loss of Rs 715 

3. Axis Bank Ltd is a 'BUY' call with a target of Rs 1260 and a stop loss of Rs 1200 

4. Dabur India Ltd is a 'BUY' call with a target of Rs 139 and a stop loss of Rs 130 

5. IndusInd Bank Ltd is a 'BUY' call with a target of Rs 382 and a stop loss of Rs 354 

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Nifty Market today:

Sensex rose to 127 points in the morning session today, but in the afternoon session it flung in the afternoon hour ending the session with a marginal gain of 33 points today.
The BSE benchmark index closed its shutter today at 18,535.37 the gain was of 0.18 percent. While the NSE benchmark was up by 12.25 points to close at 5660.25. Nifty traded in the 5635-5665 range today.

Nifty Futures tips for tomorrow 18th October 2012:

Nifty Support and the resistance levels 18 Oct 12

Unlike the morning session the Indian shares on the Nifty index tumbled in the afternoon session, leaving the traders dazzled. The stock market erased all the morning gains due to the capital goods, banks and the realty index going sluggish today.

Sensex ended today at 18,577.70 with a fall of 135.85 points and Nifty clossed its shutter today at 5,648 with a loosing 39.25 points which turned out to be the lowest level since September 20.


The BSE Realty Index hit quite hard, losing 3 percent as Unitech, DLF and HDIL plunged 4-6 percent. Indiabulls Real was down 2 percent.

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Stock Market bounced back in the afternoon session after receiving the positive cues from Europe. The National Stock exchange index closed down at 5,693.70 and had rose up 11.20 points.
The Bombay Stock Exchange index, Sensex exceeded 38.37 points at ended at 18,713.55. Major gainers were Banks, FMGC, oil and gas and the healthcare index.

The much awaited inflation came today. The data was near to the expectations of the analyst. It was 7.81 percent for the September, which was slightly higher compared to 7.55 percent in August due to hike in diesel price by Rs 5 a litre in last month. 

Reliance Indusries Q2 net result was up 20% to Rs 5376 cr

The 30-share BSE Sensex shed about 130 points with a closure at 18,675.18 points on the last trading day of the week. The Sensex touched an intraday high of 18,844.35 and the intraday low of 18,638.34.While the NSE Nifty index declined 32.50 points and ended at 5,675.55. It touched an intraday high of 5,725 and intraday low of 5,659.35 today.For nifty futures and options tips on your mobile  for 15th October 2012 register here