Stock Market
Opening News:
The market has opened on flat note as investors release
minutes of the latest FOMC meeting. The Sensex
is up 10.15 points at 26324.44 and the Nifty
is down 1.15 points at 7874.15. About 648 shares have advanced, 247 shares
declined, and 41 shares are unchanged.
Investors hope that the minutes will shed further light
on the Federal Reserve's exit strategy from its asset-purchasing programme and
ultra-low benchmark interest rate. Some hawkish Fed members, like Philadelphia
Fed president Charles Plosser, have already started beating the drums of an
early interest rate increase.
The Indian rupee opened marginally lower at 60.69 per dollar as against previous day's closing value of 60.61 a dollar.
The Indian rupee opened marginally lower at 60.69 per dollar as against previous day's closing value of 60.61 a dollar.
Stock Trading Tips for Today
·
BUY
LUMAX INDUS (LCP-433.7) ABOVE 435 TG-440-447
·
BUY
ELDER PHARMA (LCP 193.1) ABOVE 194 TG-197-200
·
BUY
MAGMA (LCP 121.15) ABOVE 122 TG-124-127
·
BUY
SHASUN PHARMA (LCP-195.4) ABOVE 197 TG-199.5-203
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