4 June 2014

Get Morning Live Intraday Market HighLights with Free Tips Updates

The Intraday market opened on a flat note on Wednesday after seeing record closing highs in previous session. 
The Sensex rose 37.75 points to 24896.3 while the Nifty fell 0.80 point to 7415.05. About 808 shares have advanced, 240 shares declined, and 32 shares are unchanged.
  • Among gainers, Hindalco Industries, Bajaj Auto, Tata Motors, Tata Steel, GAIL, NMDC, DLF and Jindal Steel rallied 1-2 percent. However, Sesa Sterlite, M&M, Coal India, ONGC, Bharti Airtel and HCL Technologies declined 0.7-1 percent. 
  • The Indian rupee slipped marginally in the early trade. It opened lower by 4 paise at 59.42 per dollar as against previous day's closing value of 59.38 a dollar.
  • Budget preparations are in full swing. The finance ministry has virtually ruled out any capital infusion to PSU banks this fiscal. It is planning a new law to crackdown on big ticket willful defaulters to curb the rising bad loans.
  • In commodities, crude prices rise after industry data showed a bigger-than-expected fall in crude stockpiles in the United States. From precious metals space-- gold snapped its losing streak as the stock markets beat a retreat after a series of record highs on Wall Street.
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