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Indian Stock Market Morning update 23rd February 2015 (Monday).

The Nifty opened on a positive note and was trading around its psychological level of 8,850.

The BSE mid-cap and small-cap indices were up around 0.4 per cent each.

Metal stocks were in demand, lead by Hindalco after the company bagged one more mine in the ongoing coal auction, taking the total number of blocks won by the firm to three that includes two in Chhattisgarh and one in Jharkhand.

So far Hindalco was the top gainer on the Nifty, up 2 per cent trading around Rs. 160.


IT stocks also witnessing buying intrest stock like HCL Technologies, Infosys, tech Mahindra and TCS advancing after Friday's selling pressure.

At around 9:40 AM, the Sensex was up 98 points at 29,329 and the Nifty jumped 29 points to 8,862 levels.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.