Stock Trading Tips – Sensex Nifty Flat

The market has opened on a flat note. The Sensex is at 28606, up 41.80 points while the Nifty is at 8571, up 6.9 points. About 689 shares have advanced, 282 shares declined, and 41 shares are unchanged. Bharti, Sesa Sterlite, GAIL, ITC and Coal India are top gainers in the Sensex while losers include Tata Motors, Cipla, SBI, HUL and HDFC Bank. SAIL is under pressure as its offer-for-sale opens today. Mangalore Chemicals is up 11 percent as Adventz Group makes fresh open offer for the company.

The Indian rupee rose in the early trade. It has opened higher by 10 paise at 61.83 per dollar against the previous close of 61.93.The euro trades higher against most of its peers after ECB Chief Draghi disappoints. But the currency could struggle to extend gains if US employment data due later in the day re-energize dollar bulls. 

Intraday Stock Cash Tips

·         BUY KSB PUMP (LCP-613.9) ABOVE 616 TG-621-628

·         BUY VOLTAMP (LCP 832.85) ABOVE 837 TG-845-855

·         BUY AJANTA PHARMA (LCP 2560.15) ABOVE 2570 TG-2590-2620

·         BUY JK TYRE (LCP-679.8) ABOVE 682 TG-686-692

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