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Indian Share Market News & Nifty Market Trends Analysis With High Accuracy by Money CapitalHeight
Indian Share Market News & Nifty Market Trends Analysis With High Accuracy by Money CapitalHeight
ICICI Bank, Axis Bank, Larsen and Toubro, Tata Power, Cipla, BPCL, HCL Technologies and IDFC gained 1-1.5 percent. However, HDFC lost 1 percent. GAIL, ONGC, M&M, Maruti Suzuki, Grasim, Tech Mahindra and Hero Motocorp slipped 0.1-0.6 percent.
Indore,
Madhya Pradesh,
India
(sardnews.org)
04/08/2014
Equity benchmarks rebounded on Monday after more than 400 points fall seen on Friday. The Sensex rose 108.39 points to 25589.23 and the Nifty gained 33.30 points at 7635.90.
About 778 shares have advanced, 171 shares declined, and 38 shares are unchanged.
ICICI Bank, Axis Bank, Larsen and Toubro, Tata Power, Cipla, BPCL, HCL Technologies and IDFC gained 1-1.5 percent. However, HDFC lost 1 percent. GAIL, ONGC, M&M, Maruti Suzuki, Grasim, Tech Mahindra and Hero Motocorp slipped 0.1-0.6 percent.
Among the sectoral indices the Bank Nifty was up 0.88 per cent whereas the IT sub index of NSE was up 0.32 per cent.
Oil marketing companies like HPCL,BPCL and IOC all were up between 1.5 per cent to 2 per cent as Brent crude fell to below $105 per barrel. Higher rupee also supported the gain in these stocks.
The Indian rupee gained in the early trade on Monday. It has opened higher 28 paise at 60.90 per dollar versus 61.18 Friday.
Today Nifty Market Trend:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7585 SUPP 2: 7510
RES 1: 7715 RES 2: 7785
Intraday Stock Cash Plus Tips:
• BUY WHEELS IND (LCP 752.4) ABOVE 755 TG-760-780
• BUY FINTECH (LCP-303.20) ABOVE 304 TG-310-320
• BUY ASTRA MICRO (LCP 133.4) ABOVE 134 TG-138-145
• BUY BOB (LCP-890.20) ABOVE 891 TG-900-910
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