Intraday Stock Cash Tips
BUY ARCOTECH (LCP-380.55) ABOVE 384 TG-388-393
BUY COSMO FILMS (LCP 250.6) ABOVE 253 TG-257-262
BUY BF INVEST (LCP-152.85) ABOVE 155 TG-158-161
BUY BF UTILITY (LCP 588.35) ABOVE 595 TG-600-607
- old retained small overnight gains today, but caution prevailed ahead of a Federal Reserve policy statement later in the session as investors waited for clues on the timing of a US rate hike. Spot gold was little changed at USD 1,167.05 an ounce.
- The metal had risen 0.3 percent in the previous session, snapping a four-day losing streak. Many traders chose to stick to the sidelines ahead of a Fed statement at 1800 GMT following a two-day policy meeting.
- Equity benchmarks continued to see selling pressure, dragged majorly by Axis Bank and ICICI Bank. The Sensex fell 117.06 points to 27136.38 and the Nifty declined 26.65 points to 8206.25.
- Greece needs to have its biggest lenders recapitalised by the end of the year, EU Commission Vice-President Valdis Dombrovskis said. "We all agree to finalise bank recapitalisation by end of this year," Dombrovskis said after meeting Greece's central bank governor Yannis Stournaras.
Asia Pacific market mixed. Nikkei down by 0.92% & Hang Seng up by 0.11%.
Wall St. up USD Unemployment claims down to 259K. Dow future up by 5 pts.
Indian indices remained volatile and closed on negative note amid global cues. On sectorial front FMCG, IT, Media and Realty sector traded upside while Banking, Metal and Pharma sector traded upside. Sensex was down by 108 points at 27253 & Nifty down by 27 points to settle at 8232 level. European markets traded downside.
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