IFCI, JP Cement, Infibeam, SCI Market News & Intraday Trading Tips

IFCI has sold 2.25 lakh shares in NSE in the rate of 3950 rupees per share. On April 2014, the company's board has already given the approval to sell 2.5% stakes.  

The board of UltraTech has given the approval to buy the Cement Business. Now, UltraTech Cement will buy the JP Cement's plant having capacity of 21.2 MTPA. This deal will be executed with the enterprise value of 16189 crore rupees. After this deal, JP Associates Stock took a big jump of 32% today. 

Infibeam has mad a deal with Gujarat Cooperative Milk Marketing Federation for Amul. For which Infibeam will avail the Online E commerce and Mobile Platform.

The price of Non Urea Fertilizers has been deducted by 5000 rupees per ton, which will affect the shares of fertilizer companies. 

The Shipping Corporation of India will expand the fleet of expenses with 1000 crore rupees and the company will also start the shipment to Iran. 

Sell IFCI Bank below: 27.67 Targets: 27.58 --- 27.47 --- 27.36 Stoploss : 27.78

Buy JP Associates above: 11.89 Targets: 11.95 --- 12.03 --- 12.10 Stoploss : 11.82

Buy Infibeam Corp above: 702.25 Targets: 708.54 --- 715.20 --- 721.90 Stoploss : 695.64

Sell Chambal Fertilizers below: 68.75 Targets: 68.61 --- 68.44 --- 68.27 Stoploss : 68.92

Sell NFL below: 35.38 Targets: 35.27 --- 35.15 --- 35.02 Stoploss : 35.50

Buy at / above: 68.92 Targets: 69.06 --- 69.24 --- 69.41 --- 69.58 Stoploss : 68.75

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Gold Silver Rising Up Sensex Nifty Struggling

On Tuesday Trading Session, Indian Stock Market made a weak opening in the morning. BSE Sensex has received the loss of 128.74 points and currently trading at 25270.91. NSE Nifty has received the loss of 43.25 points and currently trading at 7715.55. Except Consumer Durable all other BSE sectors are trading in negative zone. However, the Commodity Market seems improving its levels and started performing better. Presently, Gold is live at 28561 with the hike of 187 points and Silver is live at 35893 with the hike of 312 points. Other Base Metals are still struggling in negative zone.

IFCI has sold its 1.5 lakh shares in 3590 rupees per share. After this news the IFCI Stock took a small jump and currently trading at 24.95 with the hike of 1.84. Price of Petrol and Diesel has been respectively hiked by Rs. 2.19/litre and 98 Paise/litre. This price hike in Pertrol and Diesel will definitely benefit the Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation. Today, all 3 stocks have received the respective hikes of 1.37%, 0.99% and 1.42%.

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IFCI & Siti Cable News Updates with Intraday Tips

IFCI will reduct their stakes in Stake Holding Corporation of India and will sell all holdings in Asset Care & Reconstruction Enterprises. These Stocks seem very active today. 

Aditya Birla Chemicals has merged with Grasim Industries. These stock haven't shown any activity till now, but there are still possibilities for big movements. 

On Monday, RBI has increased the FII / RFPI investment limit to 49% in Siti Cable Network. This news brings sunshine for Siti Cable Stocks as they went up by 13% on Tuesday trading session. 

Expert says, this is a great opportunity to get bigger profit. Expert Advice to Buy IFCI Ltd for Target 29.44 & Buy Siti Cable for Target 39.70. 

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