Wednesday, September 4, 2013

Live Equity Tips - Market Drifts Higher in Early Trade

•Asian stocks fell, snapping the longest rally in three weeks, and emerging-market currencies weakened on concern the U.S. is moving closer to striking Syria. 

•Australia’s dollar gained after the nation’s economic growth topped estimates, while crop prices declined.


•The S&P BSE Sensex was up 161.66 points or 0.89% to 18,396.32. The index rose 163.95 points at the day's high of 18,398.61 in early trade. The index fell 46.23 points at the day's low of 18,188.43 in early trade.


•The market breadth, indicating the overall health of the market, was strong. On BSE, 433 shares rose and 228 shares fell. A total of 28 shares were unchanged.


•Among the 30-share Sensex pack, 22 stocks rose and rest of them fell. Hero MotoCorp (up 2.72%), Bhel (up 2.3%) and Tata Motors (up 2.61%), gained.


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