Stock Market at Opening Hours:
The S&P BSE Sensex is trading at 24,605 down mere two points, while NSE Nifty is trading at 7,468 down seven points.The BSE Mid-cap Index is trading up 0.74% at 10,185, whereas BSE Small-cap Index is trading up 0.57% at 10,267.
The Indian rupee opened higher by 10 paise at 67.24/$ on Friday as against previous close of 67.34/$. On Thursday rupee remained buoyant, with spot values moving approaching 67 levels against the greenback in overseas NDF markets. Onshore, Indian rupee has hit a seven week high. The currency is inspired by the euphoric mood in the equity markets and the optimism emanating from the Union Budget for FY2016‐17.
Gainers and Losers :
Tata Motors, ICICI Bank, ONGC, Cipla, M&M, Dr.Reddy’s, ITC and Infosys are among the gainers, whereas HDFC Bank, SBI, Bharti Airtel, Maruti Suzuki, HDFC and Sun Pharma are losing sheen on BSE.
Stock Tips for today SELL ICICI BANK AT 220.80 SL 223.5 TGT 215.5.