Equity Trading Tips with Market News on GokalDas, Hexaware & Auto Industry

Gokaldas Exports stocks take a big jump of 13%, after getting court approval to sell its assets. The Company will sell its global garment unit 3, a plant in Hyderabad and 2 plants in Mysore. Experts Advice to keep eyes on this stock.

Baring Asia May sell its 71% stake in Hexaware. The deal could be of worth 8000 crore. After a poor time, Hexaware stocks hiked up today, but they are still in negative zone. Investing in Hexaware can be beneficial, but nothing is clear till the final confirmation of deal. 

Autoparts dumping investigation has been started from China's imported parts. It's beneficial for the Auto Ancillary Companies like Rico Auto, Subros Ltd and Gabriel India. These Stocks seem very active today. 

Expert Recommends to Buy Gokaldas Exports for Target 66.32 & Buy Rico Auto for Target 48.54. 

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Equity Market status with Stock Future Tips

With the constant advancing in the Dollar Index, including Rupiya all other currencies are getting weaker. Friday morning, Rupiya opened at 66.95 against the dollar and went to the lowest level in last 2 year.

After the big Index loss on yesterday, Sensex and Nifty opened in low and currently at 25697.41 and 7800.30. 

In the Equity Market, Metal Index hiked by 0.55% and Banking Stocks are rapidly getting sold. Due to the Chennai Flood, Aviation Industry is in loss of 2000 crore rupees. Expert says, Investing in Midcap IT Companies can give big returns. Companies like MindTree and Hexaware have a great future. 

Stock Future Tips for today- 

• Buy Maruti Suzuki currently at 300.50 target 308-312 stoploss 294 
• Sell JSW Steels currently at 974.15 target 958, 955 stoploss 985 

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