After a cut in Thursday's session, the Intraday market
opened on a higher note. The Sensex is up 82.70 points at 20498.21, and the
Nifty up 25.05 points at 6070.90. About 255 shares have advanced, 53 shares
declined, and 16 shares are unchanged. The Indian rupee opened on flat note at
61.19 per dollar against 61.23 Thursday.
In Europe, it was a day of consolidation. Markets closed narrowly higher, with investors cheering after US lawmakers finally reached a deal to lift the country's borrowing limit, averting a debt default in the short term. Asian markets widened their gains on the back of positive economic data from China. The country's Q3 GDP was up 7.8 percent Y-o-Y and up 2.2 percent Q-o-Q. Hong Kong's Hang Seng rose 0.77 percent, while Japan's Nikkei was flat at 14,595. Singapore's Strait Times added 0.31 percent.
In commodities, crude tumbled as stockpiles in the Oklahoma oil hub began to reverse a months-long decline. Talks over Iran's nuclear programme also kept prices under pressure. Brent crude was down about 1.6 dollars per barrel near 109 point. Nymex was sharply lower, down 1.62 at a little over 100 dollars per barrel.
Live Intraday Stock Cash Market tips :
In Europe, it was a day of consolidation. Markets closed narrowly higher, with investors cheering after US lawmakers finally reached a deal to lift the country's borrowing limit, averting a debt default in the short term. Asian markets widened their gains on the back of positive economic data from China. The country's Q3 GDP was up 7.8 percent Y-o-Y and up 2.2 percent Q-o-Q. Hong Kong's Hang Seng rose 0.77 percent, while Japan's Nikkei was flat at 14,595. Singapore's Strait Times added 0.31 percent.
In commodities, crude tumbled as stockpiles in the Oklahoma oil hub began to reverse a months-long decline. Talks over Iran's nuclear programme also kept prices under pressure. Brent crude was down about 1.6 dollars per barrel near 109 point. Nymex was sharply lower, down 1.62 at a little over 100 dollars per barrel.
Live Intraday Stock Cash Market tips :
- BUY BHARTI AIRTEL (LCP 348.65) ABOVE 350 TG-354-360
- BUY TCS (LCP-2108.45) ABOVE 2113 TG-2123-2135
- BUY TATA COFFEE (LCP-1115.7) ABOVE 1118 TG-1128-1140
- BUY INFOTECH ENT (LCP-240.95)ABOVE 242 TG-247-255
Indian
markets closed in red taking cues from weak European markets and as bulls took
a breather after last week rally. Technology, capital goods and auto led the
decline while oil & gas and FMCG sectors showed some resistance. Nifty down
by 43.20 pts, closed at 6045. Sensex down by 132.11 pts, closed at 20415.
Europe is trading in red.
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