Stock Market on the very first day of the Day of the Week is trading with gains. The S&P BSE Sensex is trading at 25,414 up 144 points, while NSE Nifty is trading at 7,756 up 43 points.
The Indian rupee opened at 66.30 against US Dollar. On Thursday, rupee maintained the firm tone, influenced by the resilient tone in equity markets and softening sovereign bond yields. The sentiment on the street remains underpinned by the hopes of a rate cut by the RBI during the monetary policy review.
Gainers and Losers:
Infosys, Tata Motors, Wipro, Adani Ports, Dr Reddy’s Labs and Hindalco gained 1-2 percent while ITC and Lupin fell 1 percent.
Day Trading Tips: Sell Lupin fut around 1455, Target-1380, Stoploss-1482