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| Equity Tips |
Indian shares opening lower
Indian shares are likely
to open lower, tracking weak cues from global markets, after marking their
lowest close in 1-1/2 weeks on Monday.
Indian markets closed flat
to negative note, after extreme volatile trading session. Indices were swinging
between negative and positive zone. The WPI based inflation rose to 5 month
high of 6.01% in May against 5.20% in April. Sensex declined by 37 pts to 25190
and Nifty went down by 8 pts to 7533. European market traded down.
- Indian markets ended down. Nifty & Sensex down by 0.11% & 0.15%.
- Asia-Pacific mkts down. Hang Seng down by 0.08% & Nikkei by 1.1%.
- Wall St Up. Europe Core CPI 0.7% (y/y). Dow Future down by 20 pts.
The market has opened in red as possibility of an Iraq civil war looms large.
The Sensex is down 1.02 points at 25189.46 and the Nifty is down 8.50 points at
7525.05.About 349 shares have advanced, 216 shares declined, and 26 shares are
unchanged.
L&T, HDFC, Reliance,
SBI and M&M are major laggards
while GAIL, TCS, Wipro, Tata Motors and
Cipla are
major Gainers in the Sensex.
Indices in green
BSE Sensex is
trading up 14 points at 25,205, while S&P Nifty is trading up 6 points at
7,539.
BSE Mid-cap is up 0.78% at 9037, while BSE Small-cap is up 0.98% at 9,800.
Gainers -JP Infratech, Max India,Jet Air India,Gitanjali Gems &IRB
Infra
Loosers-Suzlon
Energy, Godrej Construction, M&M, HDFC and Hero MotoCorp
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