Asian Market Updates, Stocks to Buy Today on 17 February 2014



Asian equity markets rose on the first trading day of the week following a strong lead from Wall Street on Friday while investors shrugged off weak economic data from Japan.

China's Shanghai Composite jumped 0.24 percent or 5 points at 2,120.85.

Hong Kong's Hang Seng gained 1.06 percent or 235.48 points at 22,533.89.

Japan's Nikkei rose 0.56 percent or 80.14 points at 14,393.17.

Singapore's Straits Times added 0.64 percent or 19.52 points at 3,058.23.

South Korea's Seoul Composite was up 0.33 percent or 6.48 points at 1,946.76.



The Nikkei slipped 0.4 percent as the US dollar a third of a yen to 101.47. A stronger yen is viewed as negative for Japanese exports and corporate profits, and often prompts knee-jerk selling in shares.

Stocks to Buy Today for Short Term Gain:


Buy Cox and Kings, Target Rs 163 and Stoploss Rs 137
Buy Bharti Infratel, Target Rs 190 and Stoploss Rs 169
Buy Havells India, Target Rs 817 and Stoploss Rs 755
Buy MTNL, Target Rs 14 and Stoploss Rs 13