12 October 2015

Day Trading Tips; Intraday Stock Market Highlights

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The Intraday market is completely flat after the initial euphoria on Infosys results. The Sensex is up 5.53 points at 27085.04 and the Nifty is up 4 points or 0.05 percent at 8193.70. About 1259 shares have advanced, 909 shares declined, and 90 shares are unchanged.
Vedanta, Hindalco, Tata Motors, Tata Steel and BHEL are top gainers while Infosys, Cipla, HDFC, Wipro and Lupin are major laggards in the Sensex. IT index is down 1 percent from previous close. Infosys touched record high at Rs 1219 intraday after September quarter results but soon cooled off.
The Intraday stock is down 3 percent. Infosys' Q2 profit increased 12 percent to Rs 3,398 crore from Rs 3030 crore on sequential basis. CFO Rajiv Bansal has resigned. Gold is near its highest in seven weeks, bolstered by expectations the Federal Reserve will not hike US interest rates soon.

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