Indian Stock Trading & Nifty Market Tips & News by Money CapitalHeight

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Stock Market Opening News:

BSE Sensex and Nifty were down nearly 0.4 per cent today amid weak global cues on growing expectations the Federal Reserve would raise interest rates earlier than expected.
The Sensex was down 97 points at 27,167 while Nifty fell 32 points to 8,120.
The rupee also tracked losses in equity markets and the dollar's rise against other currencies. The dollar was hovering around 14-month highs against a basket of major currencies. The rupee weakened to 60.83/dollar today vs its previous close of 60.60.

Stock Trading Tips for Today:

·         BUY SCHNEIDLER ELEC(171.65) ABOVE 173 TG-176-179

·         SELL ZANDU REALTY(1757.3)BELOW 1752 TG-1735-1715

·         SELL CENTURY TEXTILE(637.7) BELOW 635 TG-631-626

·         SELL VOLTAS (261.35) BELOW 260.5 TG-258-255 

Today Nifty Market Trends:

Key benchmark indices opened on a weak note on negative Asian stocks. The barometer index, the S&P BSE Sensex was down 119.25 points or 0.44% at 27,146.07. The market breadth indicating the overall health of the market was positive. ICICI Bank rose after the bank market hours on Tuesday, 9 September 2014 said that its board of directors at its meeting held on Tuesday, 9 September 2014, has approved 5-for-1 stock split.

The S&P BSE Sensex was down 119.25 points or 0.44% at 27,146.07. The index lost 131.65 points at the day's low of 27,133.67 in early trade. The index fell 13.88 points at the day's high of 27,251.44 in early trade.

The CNX Nifty was down 36.80 points or 0.45% at 8,116.15. The index hit a high of 8,135.75 in intraday trade. The index hit a low of 8,108.45 in intraday trade.

NIFTY TREND: BULLISH

NIFTY SPOT LEVELS

SUPP 1: 8115 SUPP 2: 8050

RES 1: 8195 RES 2: 8260