Stock Trading Tips With Market Strategy CapitalHeight

Today’s Market

• Nifty PCR-OI has increased to 1.02 from 1.00. Rise in the ratio may be due to increase in PE of 7200 and decrease in CE of 8200. PE of 7500 and CE of 7800 are highest number of contracts traded.
• Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 112.5 points at the opening bell.
• The Sensex gained 455.41 points or 1.80 percent at 25773.28 and the Nifty rallied 144.35 points or 1.88 percent to 7832.60. About 1860 shares have advanced, 570 shares declined, and 82 shares are unchanged on the BSE.
• The market has cooled off from early gains but is still holding firm. The Sensex is up 308.03 points or 1.2 percent at 25625.90, and the Nifty is up 98.10 points or 1.3 percent at 7786.35. 
• Asian shares surged , with Japan's benchmark Nikkei index reaping monstrous gains, following the positive finish in offshore markets and as investors bet on China to step on the stimulus pedal soon. Nikkei is up over 1000 points.
• the S&P BSE Sensex is trading at 25,772 up 454 points, while NSE Nifty is trading at 7,833 up 145 points.
• The BSE Mid-cap Index is trading up 2.35% at 10,476, whereas BSE Small-cap Index is trading up 2.10% at 10,701.
• All sectoral indices are trading in green, the CNX Realty and Metal indices have jumped over 2% each at 165 and 1,801, respectively.
• The India VIX (Volatility) index is down 3.31% at 23.75.
• Vedanta, Hindalco, Cairn India, Tata Steel, NTPC, Cairn India, Tata Motors and Axis Bank are among the gainers, whereas GAIL, Tech Mahindra and Power Grid are losing sheen on NSE.
• The breadth is extremely positive in morning deals - out of 1,735 stocks traded on the BSE so far 1,269 stocks have advanced, while 252 stocks have declined.

Today’s Indian Rupee

The rupee's movements will also play a key role in setting the trend for stocks on the Indian bourses. The currency came back strongly and ended with a 27 paise gain against the U.S. dollar yesterday, settling at 66.55.

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