Market opening today :-
Today Indian Stocks opened lower on the Indian bourses this morning with investors tracking weak global cues. The Sensex, which declined to 17.406.78, is now down 60 points or 0.3% at 17,431.80. The Nifty is down 21 points or 0.4% at 5266.80.
Hot Stocks to Buy Now :-
Buy Lupin for the target prices of Rs 587/592/Higher with a stop loss of Rs 572
Rupee Updates :-
The rupee is lower at 55.72/73 versus Wednesday close of 5.6250/6350. Pair likely to remain in range-bound trading ahead of GDP data on Friday. Month-end oil-related dollar demand and corporate inflows will also be watched, traders say.
Stock Market News Update Today 30 August 2012:-
- Nifty Futures:Crucial support placed at 5260.
- 10 year yield likely to move in the range of 8.15% - 8.19% level on Thursday
- Japan retail sales fell 0.8% decline from a yr earlier was 1st drop in 8 months & compared with median estimate of a 0.1% fall
- SouthKorean manufacturers’ confidence index was at 75 from 70 the previous month.
- Economic Growth during the April-June quarter is expected at 5.2 % as per
- During June-July 2012,#steel imports rose 40% to 1.471 mt against imports of 1.01 mt in the same period last year
- BT Group Plc is selling some of its shares in Indian IT services provider #TechMahindra in a deal expected to raise about $100mn
- ONGC is in talks to buy #shale gas assets in US and Canada but the firm's #Iran investments are impeding closure of the deals.
- SKS Microfinance has allotted 44.5 lakh shares on preferential basis to #Kumaon Investment Holdings.
- Mphasis posted a rise 7.2% in net profit at Rs 208.74 crore for the quarter ended July, 2012.
- Reliance Capital Asset Management (RCAM) today launched a #SIP in mutual funds through SMS under its 'Invest Easy' initiative.
You can fill the form here on the blog to get free tips on your mobile for Tomorrow Friday 31 August 2012..... Have a Happy Trade!!! :)
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