Asian Market Boosted up, Sensex Nifty Hold Early Gains with Gold Silver & Crude Oil

After a nice opening on Tuesday morning session, Sensex is hovering around 25798.51 with the hike of 145.28 points and Nifty is trading at 7907.20 with the gain of 46.45 points. ONGC Jumped up around 3% followed by Axis Bank, HCL, BPCL and GAIL all are up by more than 2%, While NTPC, HUL and Bank of Baroda have major losses. The Asian Market seems to getting stronger today. Straits Times is currently trading with the hike of 1.27% and Nikkei have gained 163.79 points. KOSPI and Shanghai Composite is moving with very minor losses.  

Along with the Stock Market, The Commodity Market is also performing good today. Currently, Gold Live at 29990 with the hike of 13 points, Silver Live at 41116 with the hike of 129 points and Crude oil Live at 3218 with the hike of 39 points. 

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Stock Market Recommendations

Make long position in Adani Port with a stop loss of Rs 330 and Target of Rs 357. 

Buy HUL with a target of Rs 883 and stop loss of Rs 855. 

Tata Motors remains the weak trend for the short-to-medium-term. Traders should stay away from this stock until it does not cross the Rs 326-327.

MCX Tips, Crude Oil, Gold-Silver

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HUL: Profit increased 17%, income raised 8%

HUL profit raised 17% to Rs 1018 crore in Q4 of 2015 which was Rs 872 crore in fourth quarter of fiscal year 2014.

In fourth quarter HUL income increased 8% to Rs 7675 crore, in 2014 the income was Rs 7094 crore. HUL get additional profit of Rs 179.4 crore. on YOY basis the margin of HUL increased from 15.19% to 17.2%. EBITDA is Rs 1318 crore.

HUL stocks rose 3.27% closed at 894.55 on NSE, touched high of 907.05 and low of 854.50.

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