Share Market Recommendations:-
A little bit of profit booking is seen in the intraday market. The Sensex is down 54.53 points at 21880.30, and the Nifty is down 15.75 points at 6521.50. Tata Power maintains its upmove with a gain of 3 percent while TCS and Wipro are among top gainers in the Sensex. Tata Steel loses 4 percent. Other laggards in the Sensex are Hindalco, Sesa Sterlite, M&M and Sun Pharma.
The Indian rupee continued its winning streak and rose to a fresh seven-month high against the US dollar taking cues from firm Asian currencies and on persistent FII inflows. Gilts trade firm on the rupee strength and cautious ahead of the CPI data release tomorrow.
Unitech fell 1.93% to Rs 12.17 at 11:23 IST on BSE.Meanwhile, the BSE Sensex was down 28.01 points, or 0.13%, to 21,906.82.On BSE, so far 14.58 lakh shares were traded in the counter, compared with an average volume of 37.05 lakh shares in the past one quarter.
The euro is close to the 2.5-year high it touched on Friday while the yen traded in a narrow range. Gold prices are firm near USD 1340 per ounce, crude prices saw Brent firm at USD 108 per barrel.
Pre Intraday Market Tips for
BUY FINTECH (LCP- 403.1) ABOVE 406 TG-410-416
BUY TATA ELEXI (LCP 618.2) ABOVE 621
SELL MONSANTO (LCP 1502.25) BELOW 1500
BUY ASTRAZENECA PHARMA (LCP-1074.5) ABOVE
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