The BSE Sensex and Nifty traded flat on Wednesday as
traders remained cautious due to expiry of derivative contracts for the month
of December. The Sensex gained as much as 60 points to a day high of 27,560,
while the Nifty made a high of 8,282.
Analysts say markets will remain volatile because of expiry today. Till Tuesday, market-wide rollover has been 59 per cent against three months average of 62 per cent, according to the National Stock Exchange data. Lower rollovers are a sign of caution
Analysts say markets will remain volatile because of expiry today. Till Tuesday, market-wide rollover has been 59 per cent against three months average of 62 per cent, according to the National Stock Exchange data. Lower rollovers are a sign of caution
The Indian rupee slipped in the early trade on Wednesday.
It has opened lower by 15 paise at 63.43 per dollar against 63.28 a dollar
Tuesday.The range for the USD-INR is seen between 63.12-63.55/dollar.
Today’s Stock Cash Tips:
·
SELL
WOCKHARDT (LCP-964.3) BELOW 962 TG-956-948
·
SELL BF UTILITY (LCP 660.4) BELOW 658 TG-652-645
·
BUY JINDAL PHOTO (LCP 227.4) ABOVE 229 TG-233-238
·
BUY GUJARAT GAS (LCP-769.9) ABOVE 772 TG-778-785
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