Indian Rupee Update
The Indian rupee extended losses for the second consecutive session on Wednesday. The currency breached 66-mark against dollar in early trade, down 14 paise to 66.02 per dollar compared to 65.88 a dollar in previous session.
Intraday Stock Cash Tips
SELL NILKAMAL (LCP-934.3) BELOW 930 TG-924-916
SELL SRF (LCP 1126.15) BELOW 1123 TG-1115-1107
SELL TATA ELEXI (LCP-1879.6) BELOW 1870 TG-1860-1845
SELL ATUL (LCP 1446.75) BELOW 1440 TG-1430-1417
The market has open with severe losses on Wednesday. The Sensex is down 223.81 points or 0.9 percent at 25428.03 and the Nifty slips 74.65 points or 0.9 percent at 7737.35. About 112 shares have superior, 369 shares declined, and 29 shares are unmoved. Vedanta, Tata Steel, Axis Bank, Tata Motors and ICICI Bank are major losers while Infosys, TCS and Hero are top gainers. The Indian rupee extended losses for the second successive session. The currency breached 66-mark against dollar in early trade, down 14 paise to 66.02 per dollar compared to 65.88 a dollar in previous session.
- Indian mkts ended downside. Nifty and Sensex down by 2.29% and 2.07%
- Asia Pacific market mixed. Nikkei down by 2.00% & KOSPI up by 0.88%.
- Wall St. Flat. USD Core Retail Sales down to 0.1%. Dow fut down by 130 pts.
Indian indices were volatile and closed on negative note. On sectorial front all sectors ended on weak note except India VIX up by 11.92%. Sensex was down by 541 points at 25651 & Nifty future down by 182 points to settle at 7797 level. European markets traded downside.
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