4 February 2016

Live Accurate Intraday Trading Market Recommendations



The market rebounded in early trade Thursday after losing nearly 700 points on the Sensex in previous three consecutive sessions. The Sensex rose 165.59 points to 24388.91 and the Nifty climbed 49.65 points to 7411.45.
             The Indian rupee gained in the early trade today. It has opened higher by 22 paise at 67.85 per dollar against 68.07 Wednesday.
            Godrej Consumer is in process to buy majority stake in Kenya-based company Canon Chemicals. This will be an all cash deal where Godrej will enjoy a 75 percent stake in the profit-making branch. Canon deals in personal and household care products and has been reporting strong earnings over the last three years, says Adi Godrej, Chairman, Godrej Group.
             Asian markets were trading mixed with the Shanghai, Hang Seng and Kospi rising over a percent.
               Asian shares rallied on Thursday as speculation the U.S. Federal Reserve might opt to not raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices.
               
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