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Intraday Stock Cash Tips:-
CH PLUS CALL: BUY JUBILANT INDUS ABOVE 270 TG-274-279
SL 261.3
BUY TRF ABOVE 437 TG-441-445 SL 429.9
CH PLUS CALL: BUY GODFRY ABOVE 1575 TG-1585-1598 SL
1548.3
BUY 8KMILES ABOVE 1935 TG-1945-1958 SL 1906.8
Market Opening:-
The market has opened in red. The Nifty is down 30.20
points or 0.4 percent at 7901.15. The Sensex is down 100.16 points or 0.4
percent at 26017.69.
Inflation has not gone up since the imposition of Swachh
Bharat cess in November, Rajya Sabha was informed. Responding to a question on
whether the cess had triggered a rise in inflation, Minister of State for
Drinking Water and Sanitation Ram Kripal Yadav replied in negative.
Indian Market Overview:-
Indian Market Overview:-
- Equity benchmarks 50 shares index Nifty ended lackluster session on a negative note Wednesday due to profit booking. Nifty future down by 24 points to close at 7962.
- The 30-share BSE Sensex ended down 51 points at 26117. The market breadth was marginally positive as about 1484 shares advanced against 1300 declining shares on the BSE.
- Department of Industrial Policy and Promotion secretary Amitabh Kant said that the government has embarked on the process of preparing a national IPR Policy for scaling up the process of IP creation and commercialization of the technology.
- Shares of Ceat rose 4 percent intraday Wednesday as the company has entered in to exclusive partnership for distribution of Perelli's global range of premium motorcycle tyres in the Indian market.
Global Market
Overview:-
- Shares in Asia were narrowly mixed on Wednesdya with investors awaiting clearer insight on the next Federal Reserve move with end of the week nonfarm payroll data.
- The S&P/ASX 200 fell 0.20%, while the Shanghai Composite rose 0.08%. The Nikkei 225 edged down 0.05%.
- The Dow Jones industrial average rose 168 points to 17,888, the S&P 500 gained 22 points to 2,102 and the Nasdaq Composite added 47 points to 5,156.
- The Federal Reserve is keeping a close eye on economic indicators over the next two weeks ahead of its critical monetary policy meeting on December 15-16, where the U.S. central bank could raise short-term interest rates for the first time in nearly a decade.
