Today’s Stock Market Trading News and Strategies


Posted January 18, 2016 by vivekhello4

The Indian rupee slipped to a fresh two years low on Monday. It has opened lower by 10 paise at 67.70 per dollar versus 67.60 Friday.

 
INDIAN MARKETS ROUNDUP
The S&P BSE Sensex slipped over 100 points in morning trade on Monday, led by losses in L&T, HDFC Bank, Maruti Suzuki, and Bajaj Auto.

The Nifty50 also managed to bounce back after slipping towards its crucial support level of 7400, supported by recovery in IT, power, metal, and oil & gas stocks.

SENSEX GAINERS
• NTPC (up 1.2 per cent)
• Coal India (up 1 per cent)
• Infosys (up 0.93 per cent)
• Sun Pharma (up 0.74 per cent)
SENSEX LOSERS
• Bajaj Auto (down 3 per cent)
• Adani Ports (down 2.8 per cent)
• Bharti Airtel (2.4 per cent)
• BHEL (down 2.2 per cent)

The IT services provider's revenue missed analysts' expectations, rising 2.25 percent to Rs 12,314 crore in quarter ended December 2015 compared to Rs 12,042.8 crore in September quarter. Profit declined 0.8 percent to USD 2,480 billion in same period.

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Last Updated January 18, 2016