Monday 27 October 2014 stock market is in uptrend| DLF slipped 6%

Welcome back after a festive break, Market continues its uptrend on monday. The S&P sensex gains 38.31 pts at 26889.36 at 10:00 AM while the Nifty managed to close above the psychological 8000 mark led by gains on the oil & gas, capital goods and the healthcare stocks. Nifty up 12.70 pts or 0.16% at 8027.25 It touched a high of 8,064.40 and a low of 8,034.95 in trade today.

The Indian currency opened higher by 11 paise at 61.17 per dollar versus 61.28 Wednesday. Shares of Wipro slipped another 2% intraday on Monday after its September quarter results disappointed investors.

Monday bullish stocks- Indusind bank 3.06%, Dr. Reddylabs 2.24%, Bhel 2.79%, Bank of baroda 1.59%, Gail 1.65%, HDFC 1.78%, HDFC bank 1.07%, SBI 1.41%,

Monday bearish stocks- Jindal steel 5.61%, DLF 6.00%, Cairn india 3.01%, HCL tech 2.43%, Tata motors 1.48%

Hero MotoCorp Ltd BUY with a target of Rs 3148 and a stop loss of Rs 3076

Cairn India Ltd Buy with a target of Rs 295 and a stop loss of Rs 283