20 August 2014

Accurate Intraday stock Tips Live Updates; Nifty struggles at 7900

In intraday Equity benchmarks continued to consolidate after six-day of rally. The Sensex declined 3.92 points to 26416.75 and the Nifty fell 2.65 points to 7894.85 but the broader markets outperformed. The BSE Midcap and Smallcap indices gained 0.3 percent and 0.8 percent, respectively. About 1197 shares have advanced, 719 shares declined, and 75 shares are unchanged.
Drug makers Sun Pharma and Dr Reddy's Labs rallied over 1.5 percent while rival Cipla climbed 0.6 percent. Index heavyweight Reliance Industries bounced back, up 0.6 percent while private sector lender HDFC Bank remained on buyers' radar, up 0.4 percent. Metal stocks like Hindalco Industries, Tata Steel and Sesa Sterlite gained 0.2-0.9 percent. 
The Indian rupee slipped in early trade on Wednesday. It opened lower by 17 paise at 60.84 per dollar versus previous day's closing value of 60.67 a dollar.
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