Indian Stock Market Trading News & Tips by Money CapitalHeight


Posted September 4, 2014 by rajmalhotra11

Equity benchmarks opened marginally lower on profit booking after rallying consistently in previous nine session on the Sensex. The index declined 23.57 points to 27116.37 and the Nifty slipped 12.40 points to 8102.20.

 
Equity benchmarks opened marginally lower on profit booking after rallying consistently in previous nine session on the Sensex. The index declined 23.57 points to 27116.37 and the Nifty slipped 12.40 points to 8102.20.
About 540 shares have advanced, 459 shares declined, and 39 shares are unchanged.
United Spirits gained a percent despite posting huge loss of Rs 4,489 crore in the year ended March 2014 on consolidated basis, increased by 44.4 times compared to a loss of Rs 101.2 crore in previous year, dented by exceptional loss of Rs 3,236 crore related to provision.
Cipla surged 2.6 percent post annual general meeting. Coal India, Sun Pharma, TCS, Wipro, NMDC and Coal India gained 0.6-1.3 percent.
However, DLF tanked 5 percent. BHEL, Hero Motocorp, GAIL, Tata Motors, Tata Power, Jindal Steel, Power Grid Corp and PNB lost 0.8-1.8 percent.
The Indian rupee opened flat at 60.46 per dollar versus 60.48 Wednesday.
Stock Trading Tips for Today:
• SELL JAMNA AUTO (LCP-142) BELOW 141 TG-138-134
• SELL ESS DEE (LCP 525.1) BELOW 523 TG-519-513
• BUY OBEROI REALTY (LCP 270.3) ABOVE 272 TG-275-279
• BUY MONSANTO (LCP-2798.15) ABOVE 2830 TG-2855-2890
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Country India
Categories Business , Finance , Services
Tags advisory company , financial , sensex
Last Updated September 4, 2014