22 April 2014

Free Intraday Market Tips Live Updates: Nifty hits record high; HDFC Bank gains

Equity Intraday Market benchmarks opened higher on Tuesday with the Nifty hitting record high of 6827.20 supported by HDFC group, Pharma, technology and capital goods stocks. The Sensex rose 35.45 points to 22800.28 and the Nifty advanced 8.05 points to 6825.70. About 603 shares have advanced, 196 shares declined, and 30 shares are unchanged.
Shares of TCS, L&T, Infosys, HDFC, M&M, ONGC, Bharti Airtel, Dr Reddy's Labs, Bajaj Auto, Maruti and Cipla gained 0.3-0.9 percent. However, top lenders State Bank of India and ICICI Bank declined 0.5 percent each on profit booking. FMCG majors ITCS and Hindustan Unilever declined 0.5-0.9 percent. Asian markets are mixed with the Shanghai and Hang Seng trading lower while Nikkei rose 0.3 percent.
The dollar-rupee market has been consolidating in a very narrow range ahead of the outcome of elections, and holiday shortened week. The Indian rupee opened with a marginal loss of 10 paise at 60.69 per dollar on Tuesday as against previous day's closing value of 60.59 a dollar.

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