2 December 2013

Today Intraday Stock Tips with Day Trading Updates Nifty Breaches 6200

Today The Intraday market has opened on a soft note. After an initial downtick, the market gathers steam. The Sensex is up 77.58 points at 20869.51, and the Nifty is up 26.40 points at 6202.50. About 547 shares have advanced, 150 shares declined, and 26 shares are unchanged.
Shares of ONGC fell 3 percent in intraday trade on being asked to clear huge royalty due to the Gujarat government.BHEL, ICICI Bank , Sesa Sterlite are up around 2 percent while SBI and Sun Pharma are other major gainers in the Sensex. On the top losers are ONGC , M&M, HUL , Tata Steel and Maruti Suzuki.
Indian markets traded higher on the back of fresh buying and also some short coverings. The GDP figures and results of state assembly elections next month will provide direction to the market in the near term, say analysts. Nifty went up by 84 points, closed at 6176. Sensex up by 257 points, closed at 20791. Europe is in green.
The Indian rupee opened higher at 62.35 per dollar on Monday, up 9 paise compared to Friday's closing of 62.44 per dollar. The rupee range for the day is seen between 62.20-62.50/USD.
In commodities, crude prices extend gains this morning after data from China over the weekend showed industrial activity in the world's number two crude buyer remained high despite worries the economy facing a modest slowdown.
From precious metals space gold prices drop this morning with investors jittery ahead of key US Data this week that could provide clues on when the Federal Reserve will begin scaling back its monetary stimulus.

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  2. Tata Motors (+2.3%), Adani Ports (+1.8%), Bajaj Auto (+1.8%), Maruti (+1.6%) and Hindalco (+1.6%) were the top gainers on Nifty50.
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