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Indian Rupee Update

The Indian rupee gained in early trade on Friday. It has opened higher by 9 paise at 66.34 per dollar against 66.43 yesterday. We see the range for the rupee between 66-67/dollar today

Intraday Stock Cash Tips

BUY RELIANCE CAPITAL(LCP-341.8) ABOVE 344 TG-348-354

BUY NAUKRI (LCP 782.8) ABOVE 785 TG-791-798

BUY VADILAL (LCP-522.3) ABOVE 525 TG-530-536

BUY ATUL (LCP 1342.2) ABOVE 1348 TG-1357-1370

Market Updates

The market has opened on a bright note this morning, tracking positive global cues.

• The Sensex is up 182.99 points or 0.71% at 25,805.16 after rising to 25,875.96.
• The Nifty is up 61.25 points or 0.79% at 7849.35.
• IT, realty, bank, oil, realty and automobile stocks have edged higher.

• Indian markets ended on negative note. Nifty & Sensex dwn by 0.39% and 0.38%.
• Asia Pacific market mixed. Nikkei down by 2.57% & KOSPI up by 1.42%.
• Wall St. Flat.USD ISM Manufacturing PMI down to 52.7.Dow fut. dwn by 235 pts.

Indian broad indices showed downside movement and closed on negative note. On sectorial front Infra, Media and Auto were up while Metal sector traded downside with 0.81%. Sensex was down by 97 points at 25622 & Nifty declined by 30 points to settle at 7788 level. European markets traded downside.

Market Check The market rebounded in early trade with the Sensex rising 194.75 points to 25816.92 and the Nifty climbing 56.75 points to 7844.85. Technology, healthcare, oil and select banking & financials stocks drove the market higher. SBI, Axis Bank, ONGC, Vedanta, M&M and YES Bank topped the buying list, rising 1-2 percent. However, GAIL, ICICI Bank, Tata Motors, Bosch and BHEL were marginally in red. 

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