Day Trading Tips |
Today the Intraday market opens on a weak note. The Nifty
opens below 6200, down 16.50 points at 6186.85. The Sensex is down 57.03 points
at 20833.79. Private banks are major laggards with ICICI Bank losing over 1
percent. On the gaining side are TCS , M&M and Sesa Sterlite.
Meanwhile, the Indian rupee
continues its upward momentum as it gained 12 paise in the early trade at 62.24
per dollar against 62.36 Tuesday. Pressure on the yen shows no signs of letting
up with the euro near a four-year peak and the dollar holding onto overnight
gains even after more dovish comments.
Among the global markets, US stocks posted mild losses on Tuesday, with the S&P 500 recording its first two-day decline of the month, as investors awaited indications of central bank monetary moves ahead. The CBOE volatility index rose to levels above 13.
Among the global markets, US stocks posted mild losses on Tuesday, with the S&P 500 recording its first two-day decline of the month, as investors awaited indications of central bank monetary moves ahead. The CBOE volatility index rose to levels above 13.
Asian stocks declined today despite dovish comments from Ben
Bernanke. Meanwhile, Bank of Japan will kick off a two-day monetary policy
meeting later today with no major policy changes expected. In commodities,
crude prices edge up this morning with Brent Crude at USD 107.25 per barrel and
Nymex trading above USD 94 per barrel. From precious metals space gold prices
trade flat near USD 1275 per ounce.
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Sensex and Nifty turned in green as a fresh buying emerged in realty, bank and auto stocks.capitalstars payment
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