Stock Market Opening Live Updates— Sensex bounces back, IT, banks lead

The market kicked off April series on a positive note on Friday after a 188-point fall on the Nifty in previous session, the last session of March series. The Sensex rose 120.25 points to 27577.83 and the Nifty climbed 30.05 points to 8372.20.

About 450 shares have advanced, 134 shares declined, and 88 shares are unchanged on the BSE.

 Infosys, Hindalco, SBI, ICICI Bank, TCS, Idea Cellular and Wipro were top gainers in early trade, up 0.8-1.7 percent while M&M, GAIL, Dr Reddy's Labs, Tata Motors, Bajaj Auto, BPCL and NMDC fell 0.7-2 percent.

The Indian rupee has opened lower by 13 paise at 62.80 per dollar today against previous day's close of 62.67.
Stock Trading Tips for Today

SELL TATA ELEXI (LCP-1048.55) BELOW 1045 TG-1037-1028

SELL ZYDUS (LCP 1028) BELOW 1025 TG-1017-1018

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Live Stock Trading Tips & Opening Bell News

Fed outcome lifts Sensex 200 pts; banks rally, NTPC falls

The market rallied in early trade following the dovish statement from the US Federal Reserve. The Sensex rose 187.74 points to 28809.86 and the Nifty rose 47.65 points to 8733.55.

About 617 shares have advanced, 102 shares declined, and 81 shares are unchanged on the BSE. 

The FOMC last night removed the word ‘patient’ from the text as expected, opening the door for rate increases, bolstering the bullish tone as it lowered its growth and inflation forecast and said hikes won't start until the labour market has healed further and the 2 percent inflation target looks achievable.

The Fed also noted that the change in rate guidance did not mean the FOMC had decided on the timing of a hike. Jannet Yellen added that the timing of initial increase in target range will be data dependant. Back home, banking & financials, capital goods, auto, pharma and metals stocks gained. However, NTPC was the only loser on Sensex, down 1.4 percent.

The Indian rupee gained in the early trade following outcome of the Federal Reserve two-day meeting. The currency has opened higher by 31 paise at 62.38 per dollar against 62.69 a dollar Wednesday.
Stock Market Trading Tips 

BUY TATA ELEXI (LCP-1210.15) ABOVE 1215 TG-1223-1232
BUY TATA SPONGE (LCP 834.35) ABOVE 837 TG-845-853
BUY BEML (LCP 1107.55) ABOVE 1112 TG-1119-1127
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MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com  or call at 0731-6615050, 9993066624.