Sensex falls 100 pts; ICICI & RIL drag, sugar stocks rally
The market has opened lower on last
day of the week. The Sensex lost 114.78 points to 29347.49 and the Nifty fell
26.10 points to 8869.20. About 574 shares have advanced, 302 shares declined,
and 127 shares are unchanged on the BSE.
Reliance Industries, ICICI
Bank and Coal India declined 1.5-2 percent. HDFC, SBI, TCS, ITC, Axis Bank and
HUL were down 0.3-0.8 percent while Tata Motors, Cipla, Hindalco, Maruti,
M&M, Hero Motocorp and BHEL gained 0.3-1 percent.
Sugar stocks rallied 6-10 percent after
cabinet cleared subsidy for raw sugar exports and fixed subsidy at Rs 4000/tonne
for sugar season FY15.
The competition watchdog
waved the green flag to Ajay Singh's plans to acquire majority stake in
SpiceJet. Speaking exclusively to CNBC-TV18 Singh says first tranche of Rs 400
crore will come in next week and the second tranche by the end of March.
The Indian rupee gained in
the early trade. It has opened higher by 13 paise at 62.21 per dollar versus
62.34 Wednesday.
Stock Trading Tips for Today:
·BUY
THERMAX (LCP-1249.45) ABOVE 1253 TG-1261-1275
·SELL CEAT
(LCP 808) BELOW 806 TG-800-793
·BUY
BFINVEST (LCP 124.1) ABOVE 125.5 TG-128-131
·SELL BEML
(LCP-989.35) BELOW 987 TG-981-973
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 and share market tips For More Info and Free Trials
@ Equity Tips
or call at 0731-6615050, 9993066624.
No comments:
Post a Comment