The
volatility in Indian Stock Market, reeling under selling pressure due
to weak global cues, may just go up on Tuesday ahead of the Reserve
Bank of India's policy meet. The Reserve Bank of India will come out
with its credit policy on Tuesday. This time around there seems to be
a general consensus on what governor Raghuram Rajan would do.
Today
In Indian Stock Market 30-share Sensex
index gained 37.28 points,with nearly 20 744, ie at the level of
doing business. The NSE 50-share Nifty
index with a gain of 11.35 points ie 0.18 percent over 6147's level.
In
Market movers Tata Steel and Tata Motors up 1.41 per cent to 1.55 per
cent doing business with. SBI 1.37 per cent, Sterlite and Sesa is
trading at 1.23 per cent. Cipla has gained 1.18 per cent. Bduhda Bank
gained 2.67 per cent is being looked at. PNB up 2.10 per cent.
In
International market Japanese
shares are higher today as the Nikkei 225 gains 0.16%. The stock
markets in Hong Kong and Shanghai are closed at this time.European
markets finished broadly lower today with shares in London leading
the region. The FTSE 100 is down 1.70% while Germany's DAX is off
0.46% and France's CAC 40 is lower by 0.41%.
Today
28/01/2014 free Intraday Market Calls
BUY
- Tata Motors Ltd. above 351 Target 354/356/359 Stop Loss 343
SELL
- Lupin Ltd. below 895 target 890/880/875 Stop Loss 910
BUY
- Reliance Industries Ltd above 852 Target 855/857/860 Stop Loss 847
Best Commodity Tips for the day is NIFTY OPEN 35 POINT UP @ 6161 SENSEX OPEN 100 POINT UP @ 20784 BANK NIFTY OPEN 102 POINT UP @ 10609.
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• Vedanta & Cairn India: Merger of Vedanta with Cairn India became effective on Tuesday.
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• ITC: The company is revamping its food portfolio to vitalise its market share where it has seen sluggish growth
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