The S&P BSE Sensex
mirrored global market and opened on a weak note led by losses in metals, auto
and banks. According to dealers, the market is likely to consolidate after
8-day upmove and ahead of the January F&O series expiry.
The Sensex declined 5.32
points to 29565.72 and the Nifty slipped 7.75 points to 8902.75 despite weak
global cues.
"Indices could appear tired at least at start.
After closing above the 8,900 mark, the Nifty could take a break. With ECB and
Greece behind us, the focus now will be on what the Federal Reserve has to say
today," said IIFL report
Tata Motors and Tata Steel falls over a percent while Maruti gained more than 1.5 percent.
Tata Motors and Tata Steel falls over a percent while Maruti gained more than 1.5 percent.
The Indian rupee fell
marginally in early trade today. The currency has opened at 61.50 a dollar,
down 11 paise compared to previous day's closing value of 61.39 a dollar.
Stock Trading Tips for Day
- BUY BEML (LCP-924.35) ABOVE 927 TG-933-940
- BUY WOCKHARDT (LCP 1144.25) ABOVE 1148 TG-1157-1170
- BUY JET AIRWAYS (LCP 497.4) ABOVE 499 TG-503-508
- BUY HITACHI HOME (LCP-1144.15) ABOVE 1148 TG-1158-1170
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