Live: Market voices

Tuesday, 18 September 12:16 PM - The market is trading flat. The Sensex is at 15,499, down 5 points from the previous close. The Nifty is below the 4500 mark, at 4493, down 2 points. But the BSE Smallcap index has held on to its gains and has gained over 1%. The BSE Midcap index is also 0.6% up. Buying interest is seen in capital goods and banking stocks, while profits are being booked in almost all other sectors. Market breadth is positive with 732 advances against 408 declines on the NSE. 12:16 PM - The market is trading flat. The Sensex is at 15,499, down 5 points from the previous close. The Nifty is below the 4500 mark, at 4493, down 2 points. But the BSE Smallcap index has held on to its gains and has gained over 1%. The BSE Midcap index is also 0.6% up. Buying interest is seen in capital goods and banking stocks, while profits are being booked in almost all other sectors. Market breadth is positive with 732 advances against 408 declines on the NSE. 11:59 AM - Manali Petro has support at Rs 13.50, says Rahul Mohindar, technical analyst, on CNBC-TV18. The stock has the potential to go to Rs 18-18.50, and one can keep stoploss of Rs 13.50, he adds. 11:51 AM - The worst is over for Balrampur Chini, says Hormuz Maloo, technical analyst with Geojit Financial Services, on NDTV Profit. The stock will start moving up, but it will take some time. He recommends buying the stock at current levels and holding it for medium to long term to profit from it. 11:46 AM - Bharti Airtel is a growth story, says Rajesh Tambe, Head-Research, Sunchan Securities, on NDTV Profit. Its operating margins stand at 42-45%, which is excellent, recommending buying the stock on dips. 11:33 AM - Reliance Infrastructure has seen a big uprise recently, but there is still more headroom in the longer term, says Rahul Mohindar, technical analyst, on CNBC-TV18. It has a large resistance at Rs 780-790, but once it crosses this, it can go up to Rs 860. But he does not recommend buying the stock at current levels; buy it on sizeable corrections. 11:30 AM - Vikas Sethi, MD of Sethi FinMart believes the Dish TV stock has significant growth opportunities in the future. A Zee-group company, it has subscriber base of 2.1 million for now, which is expected to grow year-on-year, for the next five years. Therefore, the stock can appreciate over 50-60% in the next one year, he says on CNBC-TV18. 11:20 AM - The market is looking for crucial triggers, says Rahul Mohindar, technical analyst, on CNBC-TV18. Unless the Nifty breaks 4430 levels, the market is safe, he says. But overall, he is positive and recommends holding on to Nifty longs. 11:11 AM - The market is trading nervously, just few hours ahead of the Fed decision. BSE's Sensex is trading at 15,532, up 28 points from the previous close. NSE's Nifty is trading at 4498, up 4 points. Capital goods, banking and metal stocks are witnessing buying, whereas consumer durables and realty stocks are under selling pressure. The top gainers on Sensex include ICICI Bank, BHEL and Reliance Energy. Biggest losers on the index were HDFC, HDFC Bank, Cipla and ITC. 10:58 AM - In the pharma space, counters like Dr Reddy's Laboratories, Cipla, Wockhardt look good, says expert Ashish Kukreja, on Zee Business. These companies have taken steps for establishing global presence and have made acquisitons, etc and are into contract manufacturing, which is pretty profitable, he says. A good percentage of Dr Reddy's Labs business is from contract manufacturing, and therefore, he recommends buying the stock on dips. 10:37 AM - In hotels, one should go for companies that have got new projects going on stream, says Dpian Mehta, Member of BSE/NSE, on NDTV Profit. He recommends East Indian Hotels, Kamat Hotels and Royal Orchid. 10:32 AM - For the next few days, one can go long on the Nifty, but buy 'put' option as well to limit the downside in case anything goes wrong, suggests Ambareesh Baliga of Karvy Stock Broking, on Zee Business. 10:29 AM - Sugar companies are expected to report disappointing results during the next 12 months, says PN Vijay, Investment Advisor, on CNBC-TV18. But, for someone who has a long term view, he recommends taking advantage of the business cycle. 10:25 AM - Dipan Mehta, Member of the BSE/NSE is positive about Suzlon. A lot of expansion plans of the company have already gone on stream. Therefore, the company is expected to come out with excellent results, which will drive the stocks in medium to long term, he says on NDTV Profit. Mehta also recommends Asian Electronics and ICSA India. 10:18 AM - HDIL has support at Rs 560 and resisitance at Rs 635, says Ashwani Gujral, technical analyst, on CNBC-TV18. If the stock can move above Rs 635, then it can go to Rs 785, he adds. 10:14 AM - The market is going to remain cautious and rangebound ahead of the Fed meet today, says an expert on Zee Business. The Nifty may trade between 4400 and 4550. 10:09 AM - Technical analyst Ashu Kakkar recommends selling ICICI Bank at Rs 895, with a stoploss of Rs 900 and price target of Rs 882, on Zee Business. 10:04 AM - Hindustan Motors has support at Rs 30 and resistance at Rs 44, says Ashwani Gujral, technical analyst, on CNBC-TV18. If the stock does cross Rs 44, then it can go up to Rs 50, he adds. 10:01 AM - The market is expected to remain subdued throughout the day today, and could move 30-40 points in either directions, says Ambareesh Baliga of Karvy Stock Broking on Zee Business. 10:00 AM - The market opened on the negative side on Tuesday. But within minutes of opening, the Sensex climbed 20 points to trade at 15,525. The Nifty is just above the 4500 level, at 4502, up 8 points from the previous close. Market breadth is positive with 482 advances against 200 declines on the NSE. 9:55 AM - If Reliance Infrastructure can go above Rs 620, then it can touch previous highs again, says Ashwani Gujral, technical analyst, on CNBC-TV18. 9:52 AM - Technical analyst Hemen Kapadia recommends buying Wockhardt at Rs 401, with a stoploss of Rs 398 and price target of 407, on Zee Business. 9:42 AM - India Cements and Ambuja Cements stocks are expected to perform well today due to the announcement of the price hike of Rs 3 per bag in the western region, says Salil Sharma of Kapur Sharma & Company, on NDTV Profit. 9:33 AM - Technical analyst Ashu Kakkar recommends selling Tata Consultancy Services at Rs 997, with a stoploss of Rs 1003 and target price of Rs 975, on Zee Business.