Recently Update Of Equity Trading Tips

Market Eye-The other thing is as I look at the markets right now, we are at a stage which is quite critical because there has been a low hanging fruit out. There has been a substantial run-up that has happened, in fact people are now recommending booking profits in some of the duds that have gone up 2x-3x in the last three months .

Sensex opens in green; Infosys, Sun Pharma, ONGC gain -The S&P BSE Sensex opened on a positive note led by gains in IT, healthcare and oil & gas sectors even as the Asian markets remained subdued. According to dealers, the trade is expected to remain rangebound with focus on IIP and CPI data. The Nifty was at 7,629.05, up 2.20 points or 0.03 per cent. It touched intraday high of 7,652.10 and a low of 7,615.75 in trade today. 

Indian rupee ends marginally higher; 

The Indian rupee closed slightly stronger on Thursday, tracking gains in shares but investors largely stayed on the sidelines in the absence of any fresh cues, with the central bank continuing to actively intervene in the market to prevent any volatility.

Traders broadly expect the rupee to hold in a 58.80 to 59.60 range until the budget due by mid-July.

• Rupee ends at 59.25/26 per dlr vs 59.27/28 on Wed
• Traders expect rupee to continue to trade in tight band
• Could see some volatility in rupee closer to budget-trader

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