Asian equities tread water on Tuesday following slim gains
in global markets overnight and as investors stayed on the sidelines before the
US September jobs report.
China's Shanghai Composite was down 0.25 percent or 5.49
points at 2,223.75 and Hong Kong's Hang Seng shed 0.64 percent or 149.24 points
at 23,288.91.
Japan's Nikkei was down 0.11 percent or 15.49 points at
14,678.08 and South Korea's Seoul Composite shed 0.23 percent or 4.79 points at
2,048.22.
Taiwan's Taiwan Weighted fell 0.12 percent or 10.11 points
at 8,409.21 while Singapore's Straits Times rose 0.27 percent or 8.61 points at
3,204.37.
The BSE benchmark Sensex surrendered its early losses and
was trading over 15 points up in morning trade on Tuesday.
At 11.06 AM, Sensex was up 12.19 points at 20906.08.
Similarly, Nifty was up 3.80 points at 6208.75 during the same time.
In early trade, the BSE Sensex slipped from almost
three-year high by falling over 31 points as funds and retail investors booked
profits after recent gains amid a weak trend in other Asian markets.
The National Stock Exchange index Nifty also fell by 9.30
points, or 0.15 per cent, to 6,195.65 in early trade.
In the Asian region, Japan's Nikkei Index was down 0.11 per
cent, while Hong Kong's Hang Seng index was up 0.55 per cent in early trade.
The US Dow Jones Industrial Average shed 0.05 per cent in
Monday's trade.
Stocks to Buy Today on 22 October 2013:
√
Buy Tech Mahindra, Target Rs 1,586 and STOPLOSS Rs 1,528
√
Buy Aditya Birla Nuvo, Target Rs 1,275 and Stoploss RS 1,215
√
Buy Larsen and Toubro, Target Rs 950 and Stoploss Rs 910
Stock to Sell Today on
22 October 2013:
√ Sell ITC at CMP, Target 325 and Stoploss Rs 351
