11 September 2014

Today Intraday Tips Live Market; Sensex rallies nearly 100 points

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Equity Intraday benchmarks bounced back on Thursday morning after falling for previous two sessions on profit booking. The Sensex climbed 84.12 points to 27141.53 and the Nifty rose 32.50 points to 8126.60. More than five shares advanced for every share declining on the Bombay Stock Exchange.
Shares of IDFC, Bank of Baroda, Axis Bank, NTPC, BHEL, HDFC and Hindalco gained 0.8-2.7 percent while Sun Pharma, ONGC, Coal India, Bharti Airtel and Cipla fell 0.3-2 percent. The Indian rupee opened with a marginal gain of 8 paise on Thursday at 60.86 per dollar against 60.94 previous day close. The dollar hits a six-year high against the yen. Meanwhile the euro continues to trade below 1.30 to the dollar.
The S&P BSE Sensex rallied as much as 93 points in trade on Thursday, led by gains in HDFC, Infosys, ICICI Bank, RIL, TCS and HDFC Bank. Tracking the momentum, the 50-share Nifty index reclaimed its crucial psychological level of 8100, supported by gains in IT, power, realty, banks and consumer durable stocks.Asian intraday markets were trading mixed.

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