Tuesday, September 4, 2012

Stocks To Buy - Nifty Intraday Tips 5 September 2012

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The 50-share NSE Nifty clawed back above the 5250 level, which was up 22.10 points at 5,275.85. Meanwhile, the 30-share BSE Sensex gained 60.5 points at 17,444.85.

Reliance Updates :- Chairman Anil Ambani today announced a special dividend for shareholders, and said the company is in talks to sell a 26% stake to strategic partners in its general insurance business. The special dividend, to be considered by the company's Board on September 10, is being given for completion of 25 years of his group's financial services arm Reliance Capital.

Share Market Trend Tomorrow 5 September

Indian share market today traded good and BSE Sensex rebounded. Share market tomorrow is considered to be mixed. Market may open high but global sentiments may drag markets. Nifty is expected to trade volatile and choppy at some time, traders and investors are advised to keep a close eye on market.

Long Term Stock Tips

1. BUY Larsen -and- Toubro Ltd. Long Term Target 1500 Stop Loss 1350
2. BUY Housing Development Finance Corporation Ltd. Long Term Target 800 Stop Loss 650
3. BUY Sterling Holiday Resorts (I) Ltd. Long Term Target 79 Stop Loss 76


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