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Sensex, Nifty open flat; TCS falls 2% post Q1, NTPC down 3%. For more information visit www.marketmagnify.com/freetrial.php & call @ 78-79-88-11-22. 

    ITC, M&M, Hero Moto, Adani Ports and Cipla are top gainers while NTPC, HDFC, Tata Motors and Axis Bank are losers. TCS lost 2 percent post its Q1 earnings.

       The market has opened on a earnings heavy day. The Sensex is up 5.85 points at 27947.96, and the       Nifty is up 0.45 points at 8565.45. About 309 shares have advanced, 84 shares declined, and 26 shares are unchanged.
        The Indian rupee opened marginally higher at 66.88 per dollar on Friday versus previous close of 66.91.

Results today: Infosys , Reliance Industries , LIC Housing Finance, Mastek, NIIT Technologies, Hatsun      Agro, India Gelatine, Steel Strips Wheels
          Tata Consultancy Services on Thursday reported a better-than-expected profit and operational performance in April-June quarter. While revenue was in-line, profit fell 0.36 percent sequentially to Rs 6,318 crore in Q1 but that was supported by better operational numbers.

           Load up on home finance, realty stocks, says CLSA's Chris Wood GREED & fear has added Indiabulls Housing Finance and DLF in its in the long-only Asia ex-Japan portfolio with a 3 percent weightage each .

China Can Keep Growth Stable This Year & in The Long Term

ITC, Lupin, Tata Motors, Sun Pharma and Cipla are top gainers while Infosys, Asian Paints, TCS, Hero and NTPC are losers in the Sensex. For more update visit www.marketmagnify.com/stock-future-power.php & give a missed call 78-79-88-1-22.

    Brokerage house Deutsche Bank has trimmed its Sensex target to 27,000 from 29,000 earlier, citing global uncertainty in the wake of ‘Brexit.’
      Foreign investors have pulled out close to Rs 6,200 crore from the country's stock markets so far this month, taking the total outflow to more than Rs 11,500 crore in 2016.
        The initiatives include sourcing Indian coffee for the US market, introducing the Teavana brand of specialty teas in Indian stores, expanding the market of the Tata-owned mineral water brand Himalayan and skilling over 3,000 youths, the companies said.
       Share prices of Parag Milk Foods rose 4 percent intraday Monday on the back of better fourth quarter numbers. The company's Q4 (Jan-March) net profit increased by 49.6 percent at Rs 19.6 crore against Rs 13.1 crore, in the same quarter last fiscal.
      Equity benchmarks continued to see volatility in morning trade after investors digested Brexit in last Friday's trade. FMCG, infra, select banks and pharma stocks gained while technology, auto and metals stocks were under pressure.

       China is able to keep economic growth stable this year and in the long term, Premier Li Keqiang said on Monday. The country cannot ignore changes in the global economy as well as risks in the domestic economy, Li said during a speech at the World Economic Forum (WEF) in the northern city of Tianjin.

Andhra Bank to consider preferential allotment of share capital to LIC

 Stock Cash Tips www.marketmagnify.com/stock-cash-tips.php

Andhra Bank has informed the BSE that a meeting of the Board of Directors meet of the bank will be held on February 26, 2016 to consider preferential allotment of share capital to LIC of India, subject to necessary statutory approvals.

Andhra Bank is currently trading at Rs. 46.75, down by Rs. 0.15 or 0.32% from its previous closing of Rs. 46.9 on the BSE.

The stock is currently trading above its 200 DMA.