5 June 2014

Today Share Market Recommendations Free Intraday Tips Updates

The Intraday market has opened on a flat note as most investors are cautious ahead of the crucial European Central Bank's meeting. The Sensex is up 22.93 points at 24828.7 and the Nifty is down 2.50 points at 7399.75. About 611 shares have advanced, 94 shares declined, and 24 shares are unchanged.
Maruti Suzuki, Dr Reddy's Labs, Coal India, NTPC and Wipro are top gainers in the Sensex. Among the losers are ICICI Bank, HDFC twins, ONGC, M&M. The rupee gained marginally in early trade. It opened higher by 7 paise at 59.26 per dollar versus previous day's closing value of 59.33 a dollar.
Shares of cement stocks are rallying as producers have announced price hikes ranging from 3-30 percent across most regions. According to Citi, monsoon, losses burden in South and production discipline may have been the reasons for the price hike. Stocks like Andhra Cement, JK Cement, India Cements, Heidelberg Cements and Ambuja Cements are gaining most in the sector.

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