Equity Commodity News and recommendations for 5th october

Stocks staged sharp intraday slide during mid-morning trade.

Key benchmark indices continue their fall on Friday, with negative Asian stocks weighed on the sentiment. BSE Sensex, down 380.27 points at 34,788.89. The NSE Nifty50 index was down 145.45 points at 10,453.80 during mid-morning trade.

Titan, Indiabull Housing, IndusInd Bank, Bharti Infratel and HCL Tech were among major gainers on the NSE, while HPCL, BPCL, IOC, ONGC and Gail were trading in loses.

Oil & gas stocks fell on reports the govt has asked the PSU Oil Marketing companies to absorb Rs 1.00 each per litre on sales of petrol and diesel.

Stock Tips for 5th october-

Buy Reliance Industries above 1090.2 SL 1089 Target 1105.01

Buy Axis bank above  579.95  SL 576 Target 587.77

Buy Container Corp above 607 SL 606.39 Target 618

Sell Ujjivan finncial below 250.75 SL 252.02 Target 244.26

Sell Godrej Consumer below 696.75 SL 702.25 Target 689.41