Stock Market Closing News

The market sustained its uptrend for the fifth consecutive session today with the Sensex rallying 177.46 points to 28885.21 after the Moody's upgraded outlook on India to positive from stable. The Nifty closed above 8750, up 63.90 points at 8778.30 supported by Reliance Industries and banks stocks.

About 1578 shares have advanced, 1263 shares declined, and 144 shares are unchanged on the BSE.
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Stock Market Opening Bell

Sensex Spikes 161 Points on Moody's Rating 
The market extended its rally after Moody's upgraded India's outlook to positive from stable. The Sensex climbed 161.63 points to 28869.38 and the Nifty jumped 41.80 points to 8756.20. FMCG, technology, auto, oil and select banks stocks gained while healthcare stocks fell. About 488 shares have advanced, 58 shares declined, and 79 shares are unchanged on the BSE. Moody's kept rating unchanged at Baa3. The rating agency believes that there is an increasing probability that actions by policy makers will enhance the country's economic strength. However, it cautioned that unless the country’s banking system woes were resolved, its credit profile would remain constrained. Government's divestment drive for the new fiscal has seen an electrifying start with REC offer-for-sale oversubscribed more than 5 times. Centre mopped up over Rs 1,500 crore from the 5 percent stake sale. The Indian rupee has opened marginally higher at 62.16 per dollar today against 62.24 Wednesday. 
Stock Cash Tips for Today: · 

• BUY LT FOODS (LCP-136.95) ABOVE 139 TG-142-146
• BUY HSIL (LCP 458.2) ABOVE 460 TG-464-470
• BUY ONELIFE CAP (LCP-144.5) ABOVE 147 TG-150-154
• BUY ESS DEE (LCP-213.6) ABOVE 216 TG-220-225 

We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips. For more info and Free Trials @ www.capitalheight.com or call at 0731-6615050, 9993066624.