17 June 2014

Accurate Intraday Tips Free Live Market Updates by CapitalHeight

The Intraday market has opened in red as possibility of an Iraq civil war looms large. The Sensex is down 1.02 points at 25189.46 and the Nifty is down 8.50 points at 7525.05. About 349 shares have advanced, 216 shares declined, and 26 shares are unchanged. L&T, HDFC, Reliance, SBI and M&M are major laggards while GAIL, TCS, Wipro, Tata Motors and Cipla are major gainers in the Sensex.
The Indian rupee declined in early trade. It opened lower by 20 paise at 60.35 per dollar as against Monday's close of 60.15 a dollar. The dollar index lost momentum at 80.7 to end in the red ahead of the FOMC rate decision tomorrow, while the yen ruled at 4 month highs on account a heightened risk aversion in global markets.
In Intraday equity markets are opening up and a potential equity raising of USD 25 billion per year would be a positive for capex cycle recovery as bulk of the fund raising would be done by banks and infra/capital goods companies. Precious metals, gold pared its early gains after the release of better than expected us economic data.

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1 comment:

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