22 October 2013

Latest Intraday Tips and Market Updates by Money CapitalHeight

The Intraday market has once again opened on a flat note. The Sensex is down 22.30 points at 20871.59, and the Nifty is down 12.65 points or 0.20% at 6192.30. About 217 shares have advanced, 116 shares declined, and 14 shares are unchanged. The Indian rupee slipped 19 paise in the early trade to 61.71 per dollar against 61.52 yesterday.

European markets closed near five-year highs, helped by gains from Philips and SAP, as well as encouraging US housing data. Eurozone data also aided sentiment with German producer prices coming in better-than-expected and industrial production data for Italy also showed a gain of 2 percent in August.In commodities, crude oil prices were lower with Nymex breaking below USD 100 a barrel for the first time since early July as US inventories rose.

Intraday Stock Cash Market Tips:
  • ·BUY JSW STEEL (LCP 838.35) ABOVE 840 TG-845-852
  • ·BUY TCS (LCP-2071.65) ABOVE 2075 TG-2077-2093
  • ·BUY AUROBINDO PHARMA (LCP-218.8) ABOVE 219.5 TG-222.5-227
  • ·BUY RELIANCE CAPITAL (LCP-362.7ABOVE 364 TG-367-371
Indian markets ended volatile trading session on a flat note. Capital goods stocks were star of the day with L&T leading the pack with a gain of 6 percent on good September quarter results. Banks steal IT show. Aftermath of US shutdown continues to jolt dollar. Nifty up by 15 pts, closed at 6204. Sensex up by 11 pts, closed at 20893. EUR is weak.

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