Monday 30 April 2012

Stock Tips 2-May-2012

Stock Market Closing  :30th April 2012   

Stocks to buy : 2nd April 2012

BSE SENSEX and NIFTY started the week with positive moves on MONDAY as traded over global sentiments than to local ends. Global markets traded higher as weaker than expected 1st Quarter growth data from U.S. raised expectations of another round of stimulus from Federal Reserve. Most of the participant avoided the market as weaker cues from CHINA and JAPAN resulting comparatively poor turnover. The bull rally was led by technology and software stocks as IT giant INFOSYS and TCS rose 2.63 percent and 4 percent respectively. Reality stocks also supported the markets as ended in decent gains due to short covering.

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