Long Term Investment Plan on Stock Trading


Posted March 21, 2016 by vivekhello4

The Indian rupee opened marginally higher at 66.45 per dollar on Monday versus 66.50 Friday.

 
TODAY's MARKETS ROUNDUP
Markets in Asia traded mixed Monday, with some analysts predicting a quiet week ahead in the absence of major economic data from the U.S. and China, and with many markets off for Good Friday.

The S&P BSE Sensex surged over 100 points in morning trade on Monday to reclaims its crucial psychological level of 25000, led by gains in ITC, HDFC, and ICICI Bank. The Nifty50 holds above its crucial support level of 7,600 supported by gains in consumer durable, realty, banks, auto, and oil & gas stocks.

TOP GAINERS
• Axis Bank (up 1.7 per cent),
• Sun Pharma (up 1.6 per cent),
• HDFC (up 1.5 per cent),
• SBI (up 1.5 per cent),
• ITC (up 1.4 per cent),
TOP LOSERS
• Adani Ports (down 1.5 per cent),
• Lupin (down 1.5 per cent),
• Asian Paints (down 1.5 per cent).
• Dr Reddy's Laboratories (down 0.74 per cent)

ITC was the biggest contributor to Sensex's gains, up 3 percent. Credit Suisse maintains its outperform rating on the stock, stating that it can rejoice as most states have not hiked value added tax on cigarettes in Budget.

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Last Updated March 21, 2016