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Today the Intraday market opened on a soft note today. The
Sensex is down 31.26 points at 20694.17 and the Nifty down 17.55 points at
6146.80. About 129 shares have advanced, 173 shares declined, and 15 shares are
unchanged. The Indian rupee flat in early trade against the dollar. It opened at 61.50 per dollar against
61.47 Thursday.Indian
markets have benefited from a return of global risk appetite as poor U.S. data
has pushed back expectations of any tapering of the Fed’s easy money until
2014. Nifty, Sensex tasted their key psychological level before kneeling down.
Nifty down by 14 pts, closed at 6164. Sensex down by 42 pts, closed at 20725.
Europe is trading in green.
European markets closed higher thanks to strong corporate results and encouraging data from China, and despite fresh data showing that euro zone business growth had been hit by falling demand. In commodities, Nymex futures recoup losses in choppy trade this morning while Brent prices slip as traders bet that an abrupt slump earlier this week in the hotly traded Brent-WTI spread had gone too far. From precious metals space, gold prices hover near a one-month peak and look set to end higher for a second straight week on hopes that weak US.
European markets closed higher thanks to strong corporate results and encouraging data from China, and despite fresh data showing that euro zone business growth had been hit by falling demand. In commodities, Nymex futures recoup losses in choppy trade this morning while Brent prices slip as traders bet that an abrupt slump earlier this week in the hotly traded Brent-WTI spread had gone too far. From precious metals space, gold prices hover near a one-month peak and look set to end higher for a second straight week on hopes that weak US.
- ·BUY UNITED BREWERIES (LCP 963.65) ABOVE 965 TG-973-983
- ·BUY BF UTILITIES (LCP-194.2) ABOVE 195 TG-197-200
- ·SELL AXIS BANK (LCP-1207.2) BELOW 1203 TG-1193-1180
- ·BUY JUST DIAL (LCP-1058.65)ABOVE 1061 TG-1071-1085
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