The market has opened in red as possibility of an Iraq, but on Tuesday market turned mildly into green, The iraq crisis and the poor wpi inflation taking a toll on the Indian currency. The Indian rupee today opened at 60.35 per dollar , marking a seven week low. The index indicate that equity market are opening up, Nifty trading up 9.35 pts or 0.13% at 7543 while sensex is up 26.67 pts or 0.11% at 25217.
Today’s preferred picks are-ICICI bank, SBI, Grassim,L&T, Bharti airtel, Axis bank.
Don’t miss: Iraq, Ukraine tensions keep global markets on brim.
NIFTY: BUY BANKNIFTY ABOVE 15100 TGT 15150/15200/15240 StopLoss 15060