The Indian stock market looks headed for a lower opening
this morning, tracking weak global cues. Indian indices remained weak and
closed on negative note. On sartorial front Realty, Pharma, FMCG and Energy
were highly down while IT and Auto was up during the session. Sensex was down
by 46 points at 27831 & Nifty went down by 10 points to settle at 8466
level.
- BUY TATA ELEXI(LCP-2134.35) ABOVE 2145 TG-2155-2175
- BUY LA OPALA (LCP 571.4) ABOVE 573 TG-578-584
- BUY MASTAK (LCP-212.95) ABOVE 215 TG-218.5-223
- BUY RAJESH EXPO (LCP-605.95) ABOVE 608 TG-614-621
Market
updates
- European markets trade downside.
- Indian mkts. ended on weak note.
- Nifty and Sensex down by 0.43% and 0.17%.
- Asia Pacific traded down Hang Seng down by 1.45% and Kospi up by 0.63%
- Wall St. Flat.USD ISM Manufacturing PMI down to 52.7.
- Dow fut. up by 5 pts.
Sensex
updates
It is a quite start of trade as global markets see sharp cuts. The Sensex is down 10.32 points at 27821.22 and the Nifty is up 0.75 points at 8467.30.
It is a quite start of trade as global markets see sharp cuts. The Sensex is down 10.32 points at 27821.22 and the Nifty is up 0.75 points at 8467.30.
About 359 shares have advanced, 207 shares declined,
and 34 shares are unchanged.
ONGC, Hero, SBI, Tata Steel and Coal India are
major laggards while Dr Reddy's Labs, Cipla, Wipro, Infosys and Sun Pharma are
top gainers in the Sensex.
The Indian rupee has touched a fresh
two-year low in early trade. It has opened lower by 10 paise at 65.40 per
dollar against Monday's closing value of 65.32 a dollar. The currency market was shut on Tuesday.
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