In the Early trade NIFTY and SENSEX opened flat. BSE Sensex is trading at 24,867 up 42 points, while NSE Nifty is trading at 7,566 up ten points.
Today, The India Rupee opened Flat 67.85/$ in early trade on Tuesday as against the previous close of 67.84/$. Yesterday, Indian rupee was under pressure against the green back, influenced by month end dollar demand from the importers. Bank stocks will again be in focus given the policy meeting event.
According to Experts view Nifty can trade between 7500-7700. Nifty could lead towards 7700 spot. Immediate support remains at 7475 spot.
BUY Colgate Palmolive (India) Limited @862.45 with Target-887, StopLoss-850
Buy HUL near 806/805 maintain stopLoss 797, Targets- 811, 814 and 817