The market environment continues to bullish note.The rupee has rebounded in recent weeks, after raghurajan the new central bank governor promised financial sector reforms rupee touched a high 63.25/USD versus 63.37 yesterday.The mood of market recovered rupee.
In commodity market India raise the import duty on gold jewellery from 10 to 15 percent.
Today nifty gains 22.55 points or 0.39% or 5872.75 while sensex is up 52.58points or 0.27% or 19856.61.
In bank nifty yes bank has raised $255 millions loans from overseas in RBI swap plan.Banks were not borrowing overseas because the cost was higher after swapping the dollar fund into rupee.
Sesa Goa Ltd:it is a much relief for Goa miners and sesa goa in Supreme court it will continue hear the matter of Goa mining ban case.
Financial technologies Ltd:The NSEL today made the fifth straight payment default,it pay only 8.57 crore to investors apart from scheduled amount of 174.72 crore.
Nifty intraday best Calls-
Buy wipro limited target 495/497 stoploss 467
Sell sunpharma target 530/525 stoploss 552
Sell tata steel ltd target 285/282 stoploss 293
Buy TCS target 1966/1970 stoploss 1952