Accurate Stock Market Tips By CapitalHeight

Intraday Stock Cash Tips:

SELL NEULAND (LCP-793.7) BELOW 790 TG-784-776

SELL GLOBAL OFF (LCP 401.65) BELOW 395TG-391-385

SELL 8K MILES (LCP-1735.6) BELOW 1730 TG-1720-1705

SELL RUSHIL (LCP 211.1) BELOW 208 TG-204-199

Market Outlook:

                 The Nifty Wednesday is likely to open weak with the market indicator SGX Nifty down 22 points at 8107 around 7.45 am. Yesterday too the benchmark indices continued to see profit booking (amid consolidation) for second consecutive session. The 30-share BSE Sensex declined 57.58 points to 26846.53 and the 50-share NSE Nifty fell 11.90 points to 8131.70 after hitting day's low of 8088.60. The broader markets outperformed benchmarks; the BSE Midcap closed flat with positive bias and Smallcap gained 0.4 percent.

• Indian mkts ended downside. Nifty and Sensex down by 0.15% and 0.21%
• Asia Pacific market down. Jakarta up down 3.29% & Hang Seng down by 0.58%.
• Wall St. up USD Unemployment claims down to 236K. Dow future dwn by 15 pts.

                Indian indices remained volatile and closed on negative note amid global cues. On sectorial front all major indices traded mixed, FMCG, Media, Pharma and Realty were up while Energy, IT and Metal sector traded downside. Sensex was down by 57 points at 26846 & Nifty down by 11 points to settle at 8131 level. European markets traded downside.

Indian Rupee Update:

                The Indian rupee has opened with a marginal gains of 7 paise at 65.11 per dollar on Wednesday compared to previous day’s closing value of 66.18 a dollar.We see the range for the day between 64.70-65.70/dollar.

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