Sensex falls 150 pts, Nifty below
8300; Tata Motors dips 6%
The market has opened on a weak note
dragged by poor March quarter corporate earnings of key companies. The Sensex
is down 138.45 points or 0.5 percent at 27392.96, and the Nifty is down 53.05
points or 0.6 percent at 8286.30. About 195 shares have advanced, 448 shares
declined, and 70 shares are unchanged. Tata Motors tanks 6 percent while Dr
Reddy's Labs, Wipro, M&M and Vedanta are major laggrds. BHEL is up 1
percent.Sun Pharma, Bharti Airtel, ITC and ONGC are top gainers in the
Sensex.
The Indian rupee has
breached 64 level in opening trade, down 7 paise to 64.05 a dollar from 63.98
percent in previous session.
Today Stock Trading Tips
SELL RUPA (LCP-344.65) BELOW 341 TG-336-330
SELL CERA (LCP 2232.65) BELOW 2225 TG-2210-2190
SELL CHENNAI PETRO (LCP-118.5) BELOW 117 TG-114.5-111
SELL GUJRAT GAS (LCP-743.1) BELOW 741 TG-736-729
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