Stock Market Opening News:
The market has opened marginally higher. The Sensex is up
28.47 points at 27024.34 and the Nifty is up 1.35 points at 8087.05. About 607
shares have advanced, 152 shares declined, and 29 shares are unchanged.
Wipro, TCS, HDFC,
ONGC and ICICI Bank are top gainers.
The Indian rupee opened flat at 60.97 per dollar against
the previous day close of 60.92.The dollar hovered below a 14-month peak
against a basket of major currencies as the sell-off in sterling and the euro
tapered off, but commodity currencies remained under pressure.
CapitalHeight’s Stock recommendation for 11/09/2014 is Jindal Poly Films Ltd. It has been trading in uptrend. Its short term trend is up. In today’s trading session, it was up by 8.24%. On the daily chart, it has formed “Rounding Bottom” pattern with good volume.
CapitalHeight’s Stock recommendation for 11/09/2014 is Jindal Poly Films Ltd. It has been trading in uptrend. Its short term trend is up. In today’s trading session, it was up by 8.24%. On the daily chart, it has formed “Rounding Bottom” pattern with good volume.
Our
recommendation on Jindal Poly is LONG above 335 for the Target of 342-350.
Today Commodity Market Outlook:
·
Gold futures fell to the lowest since January
·
Silver futures for December delivery dropped 1.7
percent
·
Crude rebounded from an eight-month low
Gold futures fell to the lowest since January on
speculation that the Federal Reserve will raise U.S. interest rates sooner than
forecast, crimping demand for a hedge against inflation. Silver slumped to a
14-month low.
For Accurate Stock
& Commodity Market Services visit our site www.capitalheight.com/services.php or Call at 0731-6615050, 9993066624.
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