Market Updates, Stocks to Buy on 18th November 2013


At 09:25 AM: Sensex was at 20,688.62 which up by 289.20 points or 1.42 per cent. It touched a high of 20,701.03 and a low of 20,570.59 in early trade today.

The Nifty was at 6,137.85, up 81.70 points or 1.35 per cent. It touched a high of 6,143.60 and a low of 6,110.40 in trade today.
The market breadth was positive on the BSE with 758 gainers against 240 losers.
The foreign institutional investors bought shares worth Rs 970.03 crore while domestic institutional investors were net sellers worth Rs 410.81 crore on Thursday as per the provisional data from the National Stock Exchange.
The Asian markets surged higher taking cues from the Wall Street as market mood turned bullish on hopes that the US Federal Reserve will continue with its quantitative easing program.
The Nikkei 225 index was up 0.11 per cent,
Hong Kong's Hang Seng index surged 2.17 per cent,
Shanghai Composite rallied 1.39 per cent and
Kospi index 0.30 per cent higher.
The Dow Jones industrial average was up 85.48 points, or 0.54 per cent, at 15,961.70. The Standard & Poor's 500 Index was up 7.56 points, or 0.42 per cent, at 1,798.18. The Nasdaq Composite Index was up 13.23 points, or 0.33 per cent, at 3,985.97.


Stocks to Buy Today on 18th November 2013:

√ Buy Adani Enterprises, Target Rs 260 and Stoploss Rs 240
Buy Andhra Bank, Target Rs 65 and Stoploss Rs 59
Buy Dabur India, Target Rs 168 and Stoploss Rs 162
Buy IDFC, Target Rs 108 and Stoploss Rs 102
Buy Power Finance Corporation, Target Rs 161 and Stoploss Rs 144