Today Intraday Tips and Market Updates by Money Capitalheight

Today the Intraday market opened flat on Thursday despite resolution on the US debt ceiling. The Sensex is up 15.01 points at 20562.63, and the Nifty is up 5.25 points at 6094.30. Meanwhile, the rupee gained 29 paise to 61.55 against the US dollar in early trade. In the US, stocks closed at session highs on Wednesday with the Dow surging 200 points and S&P within one percent of hitting its record after Senate leaders announced a long-awaited compromise to raise the debt ceiling and put an end to the government shutdown.

European stocks closed higher overnight, paring earlier losses, as investors bet on an imminent deal in the US to end the shutdown. In Asia, the Yen hit a new three-week low against the dollar for a second consecutive session, trading at 99 per dollar; seventh straight session of gains. 
In the currency space, dollar rose against most currencies. The greenback had risen earlier to a three-week high against the Yen and a two-week peak versus the Euro. Brent crude was up 1 dollar per barrel to over 111. Nymex is up 1.08 dollars per barrell at 102.29 from precious metals space, gold prices edged up to 1281 an ounce. 

Today Intraday Stock Cash Market tips: 

• · BUY JSW STEEL (LCP 788.75) ABOVE 790 TG-797-808
• · BUY TCS (LCP-2215.4) ABOVE 2220 TG-2230-2245
• · BUY JUSTDIAL (LCP-875.15) ABOVE 880 TG-88-898
• · BUY TECH MAHINDRA (LCP-1583.6)ABOVE 1586 TG-1595-1610

Indian markets ended its 5-day winning streak as traders went for profit booking. Banks, realty and capital intensive sector like capital goods led the decline on concerns that the Reserve Bank of India may hike interest rate to curb inflation. Nifty down by 23 pts, closed at 6089. Sensex down by 59 pts, closed at 20547. Europe is trading in green.

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