Thursday, June 27, 2013

Equity market news for today by Money CapitalHeight

Indian markets are expected to open in the positive territory tracking positive opening trades in SGX Nifty and most of the Asian markets which are trading in positive zone in the early trade. Indian shares erased the early gains since a weakening rupee hit all-time low of 60 per dollar reflecting renewed selling by foreign institutional investors, thereby increasing concerns over capital flows.
 
Key benchmark indices surged in early trade on firm Asian stocks. The S&P BSE Sensex was up 199.66 points or 1.08%, up 50.73 points from the day's low and off 15.06 points from the day's high. The market breadth, indicating the overall health of the market, was strong. Index heavyweight and cigarette major ITC was slightly higher in early trade.
 
Today’s Call for Equity Market:


•BUY WOCKHARDT (LCP 996.7) ABOVE 1000 TG-1010-1025

•BUY TATA COFFEE (LCP-965.2) ABOVE 969 TG-976-988

•BUY UNITED BREWERIES (LCP-656.75) ABOVE 659 TG-665-672

•BUY MRF (LCP-12355.3) ABOVE 12410 TG-12460-12530


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