SENSEX and Nifty Gained, Investment advice of experts, Commodity updates

Stock Future TipsSpectacular boom is seeing in market on first day of trading session, both benchmark indices gained 0.90%. Midcap and Small cap shares are in buying trend, CNX Midcap index gained 0.5% and and BSE Smallcap index moved up 0.75%. All Sector index are seen on green except BSE Auto and Realty index.

Retail investors may have little difficulty to earn in F&O, because SEBI is considering to increase contract size. Currently the contract size is Rs 2 Lakh and SEBI wants that it should be Rs 5 Lakh.

In fiscal year 2015 fourth quarter Sterlite Tech profit increased 3.9 time to Rs 39 crore, in 2014 Q4 it was Rs 10.1 crore.

Investment advice of experts

Tata Steel: Hold with stop loss Rs 305 and Target Rs 380.

SBI: Hold, big rally possible.

Axis Bank: Buy on dips.

Agri Commodities price increased, at NCDEX Chana is traded near Rs 4700 with 3% gain, Soyabean and Mustard seed are traded with 1% gain.

Gold Price is reached at 3 month high level, while Silver is trading above Rs 40000 in domestic market.