Stock Market Opening Bell – Sensex jumps 300 pts, Nifty eyes 8600

The BSE Sensex and Nifty hit record highs on Friday tracking the sharp fall in Brent crude price, which is headed for its steepest monthly decline since November 2008.

The Sensex jumped over 300 points in morning trade, while the 50-share Nifty gained around 100 points.

The BSE Midcap and Smallcap indices gained nearly 1 percent. About 1080 shares have advanced, 269 shares declined, and 33 shares are unchanged on the Bombay Stock Exchange.

 ICICI Bank, SBI, M&M, Axis Bank, Tata Motors, BPCL, Asian Paints and Jindal Steel topped the buying list, up 2-4 percent while Gail and Infosys are marginally in red.

Cairn India fell 3.56 percent and DLF declined 1.59 percent.

Indian rupee has opened lower by 6 paise at 61.93 a dollar on Friday, compared to previous day's closing value of 61.87 per dollar.
Intraday Stock Tips :

BUY ATUL AUTO (LCP-530.25) ABOVE 532 TG-536-542
BUY MOTILAL OSWAL (LCP 253.8) ABOVE 255 TG-258-263
BUY CENTURY PLY (LCP 166.05) ABOVE 167 TG-169.5-173
BUY HUBTOWN (LCP-125.2) ABOVE 126 TG-128.5-132

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