Just
as the Intraday market gears up for the Union Budget, the market opened in green. The
Sensex is up 78.26 points at 25523.07 and the Nifty is at 7585.00. About 346
shares have advanced, 178 shares declined, and 14 shares are unchanged. Tata
Power, Bharti, Tata Motors, BHEL and NTPC are top gainers in the Sensex.
Shares of Bharti Airtel are up 2 percent intraday. Bank of America Merill Lynch has maintained buy rating on it with a target of Rs 390 per share indicating a marginal upside of 2-4 percent on strong India outlook. The brokerage expects more tower sales to follow through rest of FY15 as Bharti is likely to monetise the entire 18000 tower portfolio.
Gold edged higher for a second straight session, helped by a weaker dollar and as minutes of the Federal Reserve's recent policy meet gave no indication of an early hike in US interest rates. Markets were also eyeing developments in the second-biggest consumer India, where the new government is expected to cut a record high import duty on gold at the Budget to be presented today.
For 2 Days Free Trial on Intraday tips, Day trading tips ,Intraday Trading tips, Mcx tips, Commodity tips and Equity and Intraday stock tips, Free Intraday tips and Get Live Intraday Market Updates please visit our site at www.capitalheight.com/about.php or call our 24/7 Customer Care Support us at +91 9993066624, 0731 – 6615050.
Shares of Bharti Airtel are up 2 percent intraday. Bank of America Merill Lynch has maintained buy rating on it with a target of Rs 390 per share indicating a marginal upside of 2-4 percent on strong India outlook. The brokerage expects more tower sales to follow through rest of FY15 as Bharti is likely to monetise the entire 18000 tower portfolio.
Gold edged higher for a second straight session, helped by a weaker dollar and as minutes of the Federal Reserve's recent policy meet gave no indication of an early hike in US interest rates. Markets were also eyeing developments in the second-biggest consumer India, where the new government is expected to cut a record high import duty on gold at the Budget to be presented today.
For 2 Days Free Trial on Intraday tips, Day trading tips ,Intraday Trading tips, Mcx tips, Commodity tips and Equity and Intraday stock tips, Free Intraday tips and Get Live Intraday Market Updates please visit our site at www.capitalheight.com/about.php or call our 24/7 Customer Care Support us at +91 9993066624, 0731 – 6615050.
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