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Today The Intraday market has opened in positive territory. The Sensex is up 39.53 points at 20723.05, and the Nifty up 10.20 points at 6155.10. About 255 shares have advanced, 85 shares declined, and 15 shares are unchanged. Other gainers in the Sensex include GAIL , M&M, Tata Steel and Maruti Suzuki. Indian rupee gained 6 paise in early trade Monday to 61.40 per dollar as against Friday's closing of 61.46.Indian markets slid for the 4th straight day on profit-taking in FMCG and auto stocks. Investors appeared cautious ahead of RBI monetary policy review and monthly expiry of equity derivative contracts next week, amid weak trend in global markets. Nifty down 19 pts, closed at 6144. Sensex down 41 pts, closed at 20683. Europe is in green.

Asian markets opened higher today with the Nikkei rallying a percent in early trade. The European markets closed flat to lower on Friday, but strong growth data from the UK helped pare losses.

In commodities, Nymex trades a tad soft this morning after gaining for two straight days while Brent is stable at USD 107 per barrel levels as traders bet that increasing refinery operations and a major new mid-West pipeline would keep rising inventories in check. From the precious metals space, gold gives up a tad from USD 1350 levels earlier having run up on hopes that sluggish US data would persuade the Federal Reserve to keep its stimulus intact until well into 2014.

Intraday Stock Cash Market tips:

• ·         BUY WHEELS (LCP-719.8) ABOVE 722 TG-730-740
• ·         BUY MONSANTO (LCP-708.25)ABOVE 710 TG-718-728
• ·         BUY JUST DIAL (LCP 1029.55) ABOVE 1033 TG-1042-1055
• ·         BUY PERSISTANT SYSTEM(LCP-796.3) ABOVE 800 TG-807-818

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