Market Watch

Wednesday 22 April 2015

Stock Market Open with Strong Asian cues

Sensex, Nifty open in green; Sun Pharma up, Wipro falls 4% 

The market opens in green with strong Asian cues. The Sensex is up 37.47 points at 27713.51, and the Nifty is up 9.30 points at 8387.05. About 521 shares have advanced, 144 shares declined, and 74 shares are unchanged. 
Sun Pharma is up 1.5 percent while Dr Reddy's Labs, SBI, Axis Bank and Bajaj Auto are top gainers. Dragged by weak earnings, Wipro is down 4 percent. Among other laggards are Hindalco, GAIL, Bharti Airtel and Sesa Sterlite.
 The Indian rupee has opened flat at 62.81 per dollar against previous day's closing value of 62.85 a dollar. The dollar is mixed against major currencies, with the euro pivoting to modest gains against the greenback after euro zone finance ministers moved away from fixing a deadline for Greece to come up with fiscal reforms. 
Intraday Stock Trading Tips: 
 SELL TATA ELEXI (LCP-1130.25) BELOW 1127 TG-1119-1110 
SELL SYMPHONY (LCP 3151.1) BELOW 3140 TG-3120-3090
 SELL AJANTA PHARMA (LCP-1392.25) BELOW 1390 TG-1375-1360 
 SELL WHEELS (LCP-1285.6) BELOW 1282 TG-1272-1261 
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