6 November 2013

Live Intraday Stock Tips and Market Updates by Money CapitalHeight

Today The Intraday market has opened marginally higher. The Sensex is up 25.41 points at 21000.20, and the Nifty up 7.40 points at 6260.55. About 244 shares have advanced, 85 shares declined, and 7 shares are unchanged. The market remained choppy in trade with the Sensex gyrating around 21000 level, but the broader markets outperformed benchmarks. BSE Midcap and Smallcap indices gained 0.8 percent each.
Technology stocks are gaining today on the back of peer company Cognizant's better than expected September quarter results. TCS , Wipro and Infosys are up around 1-2 percent. Cipla and Reliance are other gainers in the Sensex. On the losing side are Bajaj Auto , HUL , Sun Pharma , HDFC and BHEL . 
Indian rupee weakened by 38 paise in early trade on Wednesday. It has opened at 61.99 per dollar as against previous day's closing 61.61 per dollar. The US dollar maintained a bid tone early in Asian trade after upbeat US economic data kept alive some expectations that Federal Reserve might scale back stimulus as soon as next month.
In commodities, Nymex prices hit a fresh four-month low pressured by forecasts for rising supplies and continued weak demand as Gulf Coast refineries were expected to remain offline at least through the end of this week. From precious metals space, gold struggled to shake off its longest losing streak in nearly six months as doubts persisted over when the US central bank would begin scaling back its stimulus measures.

INTRADAY MARKET WRAP :-
  • Indian markets end in red. Nifty, Sensex down by 1.02% and 1.25%.
  •  Asia-Pacific markets traded mix. Hang Sng down, Nikkei up by 0.17%.
  • US mkts up. CHF CPI -0.1% m/m. Dow Futures down by 17.50 points.
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