Live Accurate Intraday Tips Market Recommendations

The Intraday market remained marginally under selling pressure in noon trade following weak Asian cues. The Indian rupee breached 65 a dollar, down 33 paise to 65.07 on strong dollar demand. The 30-share BSE Sensex fell 33.62 points to 26855.55 and the 50-share NSE Nifty slipped 15.55 points to 8128.05. About 1311 shares have advanced, 1019 shares declined, and 94 shares are unchanged.
Hindalco (-4 percent), Vedanta (-4 percent), ONGC (-3 percent) and HCL Tech (-3 percent) were the big losers in the Nifty. Other laggards in the index were GAIL (-1 percent), Hero Motocorp (-1 percent) and Bosch (-1 percent). Gainers included BPCL (2 percent), Bajaj Auto (2 percent), UltraTech Cement (1 percent) and Coal India (1 percent).
In second line shares, investors showed better appetite for small cap shares than mid cap shares, with the BSE Small Cap Index up 0.3 percent and the BSE Midcap Index down 0.02 percent. Bajaj Auto, Lupin, Coal India, Wipro and BHEL are top gainers while Hindalco, Vedanta, ONGC, Tata Steel and Infosys are major losers in the Sensex.
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Live Indian Stock Tips; Today Market Recommendations

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Today The Stock market continues its momentum boosted by Pharma, oil, banks and FMCG stocks. The Sensex is up 295.98 points or 1 percent at 27307.29 and the Nifty is up 91.25 points or 1 percent at 8272.75. About 1645 shares have advanced, 523 shares declined, and 119 shares are unchanged. ONGC and Cipla are up 4 percent while Hindalco, M&M and Bajaj Auto are top gainers in the Sensex. Among the losers are Tata Motors, Bharti Airtel, L&T and Wipro.
Shares of ONGC and Oil India rose 4-5 percent intraday as the government has decided to scarp fuel subsidy-sharing. Chris Wood, CLSA said Greed & Fear is going to make some small adjustments in the Asia Pacific (ex-Japan) relative-return portfolio this week. The market remained strong in morning trade, rising over a percent led by short covering in banking & financials, FMCG, healthcare, select auto and oil stocks.
The Sensex climbed 284.54 points to 27295.85 and the Nifty jumped 79.45 points to 8260.95. Nearly four shares advanced for every share declining on the Bombay Stock Exchange. The BSE Midcap and Smallcap indices gained 0.5 percent and 1.2 percent, respectively. ONGC and Oil India gained 3.5-4 percent after finance ministry official said the government will bear entire fuel subsidy from now.

Today Indian Stock Market Tips ; Sensex, Nifty open firm

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The Indian Stock market has opened firmed with support from oil & metal stocks. The Sensex is up 107.73 points at 29107.87 and the Nifty is up 32.30 points at 8788.85. About 492 shares have advanced, 101 shares declined, and 137 shares are unchanged. ONGC, Tata Power, Cipla, Axis Bank and SBI are top gainers while Hero, ICICI Bank, NTPC, HDFC Bank and Coal India are major losers in the Sensex.

The Indian rupee opened flat at 61.66 per dollar against 61.67 Tuesday. The dollar nurses broad losses, having suffered its biggest one-day fall in over a year as investors cut long positions. The market instead snapped up commodity currencies on a further recovery in oil prices and a surge in copper.

Global intraday markets are positive with the US markets rallying more than a percent boosted by a surge in oil prices and alleviation of concerns in the euro zone. European markets too gained with the Greek market trading up 11 percent.

Asian Intraday markets are in the green with the positive handover. In other asset classes, nymex crude surged 7 percent to USD 53 dollars per barrel, brent crude surged to USD 57.Gold struggled around USD 1260 per ounce as Greece’s plan to end a standoff with creditors lifted the appetite for risky assets such as equities.