Equity Tips- Latest Indian Stock Market News and Predictions

Indian equity markets opened on a negative note and hovered on the same level till closing session. The indices also witnessed low volume, which indicates that it may continue to trade in the current consolidation phase. Indian rupee fell 8 paise in early trade on Wednesday to 62.43 per dollar as against previous day’s closing of 62.35 per dollar.

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Today’s Market Predictions

• SELL PNB (LCP-556.55) BELOW 555 TG-551-545
• SELL AXIS BANK (LCP-1193.75) ABOVE 1190 TG-1180-1165
• SELL SBI (LCP 1813.75) BELOW 1810 TG-1800-1785
• SELL RELIANCE CAPITAL (LCP-383.75) BELOW 382 TG-378-373

 Stocks that are likely to be in action today are - Mahindra Holidays, BHEL, Jyothy Labs, syndicate Bank, Bank of Baroda, Gujarat Pipavav, Reliance communications, GMR InfraIdea Cellular

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