3 June 2014

Get Free Tips Share Market Recommendations for Intraday Trading

After the massive rally yesterday, the Indian share market opened on a flat ahead of RBI monetary policy review. The Sensex is up 64.51 points at 24749.36 and the Nifty is up 12.85 points at 7375.35. About 491 shares have advanced, 92 shares declined, and 18 shares are unchanged. Hero Motocorp, Tata Steel, NTPC are top gainers while Tata Motors, HUL and ITC are laggards. 
The Indian rupee also opened flat at 59.16 per dollar as against previous day's closing value of 59.15 a dollar.In US, stocks closed narrowly mixed on the first trading day of June, but the Dow and S&P 500 squeezed out gains to finish at fresh highs.
In commodities, Brent and Nymex crude prices fell weighed on by a stronger dollar and recent data showing rising OPEC oil production. From precious metals space gold price is near its weakest since early 2014 as rallying stock markets diverted interest from safe-haven bullion.


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