1 April 2016

Day Intraday Trading Tips; Sensex fell 79.75 points to 25262.11



The market has started off April series and financial year 2016-17 on a negative note, tracking weak Asian cues. The Sensex fell 79.75 points to 25262.11 and the Nifty declined 30.05 points to 7708.35 on profit booking.
             Bharti Airtel, GAIL, Hindalco, Tata Steel, M&M, Aurobindo Pharma and BPCL were losers in early trade while BHEL, Wipro, Coal India, ITC, Cipla, Asian Paints, HCL Tech and Wipro gained.
             Shares of MEP Infrastructure Developers rose 3 percent intraday as the company has declared as the successful bidder by National Highways Authority of India (NHAI).
            The word in the media is HCL Technologies could be a likely buyer. It would be looking to acquire 37 percent in Geometric.
              Mumbai-based engineering solutions company Geometric will hold a board meeting today evening to discuss its restructuring options. 
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1 comment:

  1. Adani Enterprises: still at odds with Queensland over royalty for Australian mines
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