The market has opened in strong positive note, Nifty 50-share index expected open higher 77.55 points or 1.26% at 6249.00 Nifty touched a intraday high of 6244.65 and a intraday low of 6189.55 in early trade.
Hcl tech 2.08%, ICICI bank 2.63%, Infosys 2.97%, larsen 2.07%, ONGC 2.62%, Reliance 2.07%, Tata motors 2.90, TCS 2.30%,PNB 1.00,DLF 1.05%, Bank of baroda 1.36% are the tops gainers included in the nifty.While Ranbaxy labs are the top loser down 4.93%.
The RBI governor raghuram rajan says, The central bank which is earlier used to sell dollars in the local market and buying the US currency in the spot market and selling it in the forward market
Dr Reddy’s Laboratories Ltd Buy target of Rs 2700 and a stop loss 2594
Infosys Ltd Buy target 3650 and a stop loss 3538
ACC Ltd Sell target 1022 and a stop loss 1045
DLF Ltd Sell target 145 and a stop loss 161
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