Market Watch

Wednesday, 9 April 2014

Stock Tips Morning Highlights Today

 Indian shares are set to open higher on Wednesday as Asian shares rise for a second consecutive day. The MSCI-Asia Pacific excluding Japan index gains 0.88 percent adding to Tuesday's rise of 0.6 percent.

Asian shares rose in early trade on Wednesday after Wall Street snapped a three-day losing streak, but Japanese stocks tumbled after the yen surged on fading hopes of near-term stimulus from the Bank of Japan.  
Local shares were trading up 0.45 percent and will be watched for cues on foreign fund flows. 
Overseas investors bought Indian shares worth 7.03 billion rupees on Monday, provisional exchange data shows.  
The market breadth, indicating the overall health of the market, was strong. On BSE, 311 shares rose and 98 shares fell. A total of 32 shares were unchanged.
Sun Pharmaceutical Industries (up 2%), Tata Motors (up 1.39%) and Hindalco Industries (up 1.2%) edged higher from the Sensex pack.

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