FII Investment may increased in future, Expert view, option tips today

niftytrend23Foreign investors have invested less in Indian Stock Market than last year, but for Foreign institutional investors (FII) India has emerged as a favourite destination. FIIs have invested 6.34 billion dollar in Indian stock market in this year, this is much greater than other emerging countries. Foreign investors believe that Indian economy will recover soon.

Steel and Commodity shares will outperform in short term, Steel price may raised, expert advice to invest in Tata Steel, and NMDC. In banking shares SBI, PNB and Bank of Baroda shares are looking good for investment.

Option Tips Today

Reliance Industries Option Call strike price 900 expiry 30 April 2015 Sell below 20.00 Target 12.43 stop loss 27.00.

Asian Market weak, TCS share down, Oil stocks gained

Asian markets started negative, except Hangseng and Shanghai composite index all traded on red. Nikkei 225 declined 1.17%, BSE SENSEX fell 0.27%, and Strait times traded with 0.1% weakness.

TCS declined higher on Nifty index, the stock is trading with 3.56% lose at 2490.80. Infosys and and HCL technology shares slipped 1%.

ONGC and Oil India shares gained, the government has decided to take on burden of entire subsidy on domestic LPG in year 2015-16. ONGC shares moved 0.40% higher while Oil India shares gained 1.4%.

Today Option Calls

Nifty Option Put strike price 8600 expiry date 30 April 2015 Buy above 62.05 Target 71.38, 80.71, 90.33 stop loss 52.43.

Reliance Industries Option Call strike price 960 expiry date 30 April 2015 Sell below 12.90 Target 10.75, 8.60 stop loss 16.80.