Accurate Tips and Advice for Stock Market Trading


Posted January 11, 2016 by vivekhello4

The Indian rupee declined in early trade on Monday. It has opened lower by 27 paise at 66.90 per dollar versus 66.63 Friday.

 
INDIAN MARKETS ROUNDUP
The market has once again opened with sharp falls following weak China. The Nifty us below 7500 for first time since July 15, 2014. The 50-share index is at 7598, down 89 points or 1.15 percent while the Sense is down 326.29 points or 1.3 percent at 24608.04.

The S&P BSE Sensex plunged over 300 points in morning trade on Monday led by losses in ICICI Bank, HDFC, L&T, SBI and Tata MotorsBSE -1.88 %. The Nifty50 came under pressure and slipped below 7500 to hit its fresh 52-week low of 7495.65, weighed down by losses in realty, power, oil & gas, metal, consumer durable, and banking stocks.

• Tata Motors Ltd:
Tata Motors owned Jaguar Land Rover (JLR) has achieved record global sales in 2015 with the premium luxury vehicles' manufacturer retailing 4, 87,065 vehicles, its highest figure yet and a five per cent increase from previous year.

• 8K Miles Software Services Ltd:
Cloud computing firm 8K Miles Software ServicesBSE 1.38 % reported a 109 per cent rise in net profit at Rs 11.3 crore for the December quarter, driven by better revenues from its recent acquisitions.

• Bharti AirtelBSE -2.50 % Ltd:
Telecom major Airtel today committed to an investment of Rs. 3,500 crore in West Bengal over the next three years. Investments, according to Rakesh Bharti Mittal, Vice-Chairman, Bharti Enterprises, will come from Airtel, said a media report.

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Last Updated January 11, 2016