21 August 2014

Live Intraday Trading Tips Updates; Nifty hits 7900, Sensex up 100 pts

In intraday The Sensex rose 120.84 points to 26435.13 and the Nifty added 33.80 points to 7909.10. About 1554 shares have advanced, 655 shares declined, and 81 shares are unchanged. Shares of State Bank of India, ONGC, Axis Bank, Bajaj Auto and GAIL were prominent gainers followed by TCS, L&T, HDFC Bank, Reliance Industries, Tata Motors, Maruti Suzuki, and Mahindra and Mahindra with 0.4-0.7 percent.
However, Sesa Sterlite and Tata Steel fell more than a percent after Cabinet Committee on Economic Affairs (CCEA) has approved royalty revision of 23 major minerals. Shares of Infosys, Sun Pharma, Dr Reddy's Labs, Hero Motocorp, Bharti Airtel and Cipla declined 0.4-1 percent. In Asia,intraday equities are mostly higher this morning. China's Shanghai Composite shed 0.42 percent or 9.47 points at 2,230.74. Hong kong's Hang Seng declined 0.57 percent or 144.24 points at 25,015.52. The Indian rupee opened marginally lower at 60.69 per dollar as against previous day's closing value of 60.61 a dollar.

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