Stock Trading Tips – Market likely to open higher on positive Asian stocks

The Stock market has opened last trading week of the year with fringy  gains. The Sensex is up 72.01 points at 27313.79 and the Nifty s up 15.70 points at 8216.40. About 417 shares have advanced, 135 shares declined, and 35 shares are unchanged. Sesa Sterlite, L&T, Dr Reddy's Labs, Tata Motors and ONGC are gainers in the Sensex.

·         Asian markets have started a trade on the positive note in the last week of the year.

·         Hong Kong’s Hang Seng rose 2.11 percent or 492.88 points at 23,842.22.

·         Japan’s Nikkei added 0.41 percent or 72.76 points at 17,891.72.

·         Singapore’s Straits Times was up 0.26 percent or 8.70 points at 3,362.38.

·         South Korea’s Seoul Composite shed 0.55 percent or 10.75 points at 1,937.41.

·         Taiwan’s Taiwan Weighted advanced 0.88 percent or 81.09 points at 9,299.59.

·         China’s Shanghai Composite jumped 2.09 percent or 65.99 points at 3,223.60.

The Indian rupee declined in the early trade. It opened lower by 10 paise at 63.66 per dollar versus 63.56 Friday.  

Today’s Stock Trading Tips

·         BUY GUJRAT GAS (LCP-788.5) ABOVE 790 TG-795-802

·         BUY AMRUTANJAN (LCP 439.2) ABOVE 441 TG-445-452

·         BUY JINDAL PHOTO (LCP 236.65) ABOVE 238 TG-242-247

·         BUY PHILIP CARBON (LCP-153.8) ABOVE 155 TG-158-162

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