Hero Motocorp and Bajaj Auto Stock Performances on NSE

Changing market dynamics have often taken investors by surprise. Consider Friday June 29 Indian stock market statistics. The Indian stock market, in a volatile backdrop, exhibited its biggest single day gain in six months in 2012. Investors grew richer by Rs 1.17 lakh crore with rise of prices of around 1,870 stocks including Tata Power, ICICI Bank, Jindal Steel, Bhel, Hero Motocorp, Bajaj Auto, and more. Thanks to the upbeat global sentiment and clarifying of tax-avoidance rules. As per a Reuters poll, it has been estimated that the Indian bourses would gain 10 per cent between now and the end of the year. Keeping a close watch on the changing price trends will be the stepping stone to gains.

Following quiet trade in Asian markets, the Indian stock market on July 2nd, opened flat. While NSE nifty fell by 8 points to 5,270.80, sensex shed 30 points to 17,400.20. Reliance Industries, ONGC, ITC, ICICI Bank, DRL, Coal India, Baja Auto Ltd., ACC, Tata Motors, Hero Motocorp, TCS, Infosys, and more companies were under selling pressure.

At 10.59 am, Bajaj Auto Ltd. NSE stock price was perched at Rs. 1553. While the previous close was witnessed at Rs. 1572.85, it opened at Rs. 1575. The price difference noticed was down Rs. 19.85 or -1.26 percent. If you go by the 52 week price statistics of Bajaj Auto Ltd. NSE stocks, the highest was Rs. 1843.35 and the lowest Rs. 1356. Bajaj Auto happens to have sold over 1.2 million two- and three-wheelers including 3.39 million plus motorcycles during the fiscal year ended March 31, 2011. The sales figure justifies investors’ reliability on Bajaj Auto Ltd. NSE stocks. Long term investors are sure to get maximum gains and for short term investors, cautious investment involving thorough market research should be the mantra.

Hero Motocorp NSE stock price at 11.05 am exhibited a downtrend of 1.65 percent or Rs. -35.45 at Rs. 2113.95. The price does change by the second. Intraday traders do need to watch closely the changing price dynamics if they wish to experience a win-win situation. The day’s high witnessed was Rs. 2148 and the day’s low was Rs. 2106.10. Considering the 52 week price statistics of Hero Motocorp NSE stocks, the highest was Rs. 2279 and the lowest Rs. 1704. You can completely rely on Hero Motocorp NSE stocks for big gains if you invest for the long term.