Market Watch

Wednesday 9 July 2014

Stock Tips with Today’s Morning Highlights


The S&P BSE Sensex opened on a positive note led by gains in FMCG, oil & gas and technology stocks.
According to analysts, the trade is expected to remain rangebound after a sharp fall in previous session as investors await the Union Budget to be presented in the parliament tomorrow.
The 30-share index was at 25,615.41, up 33.30 points or 0.13 per cent. It touched intraday high of 25,683.97 and a low of 25,569.27 in trade today.
Cairn India Ltd shares down 1.8 percent after going ex-dividend on Wednesday. Tata Motors fell as the stock turned ex-dividend today.
Asian stocks extended losses to a one-week low on Wednesday after China's consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy.
The market breadth was negative on the BSE with 633 gainers against 1013 losers.

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