Live Stock Market Opening Bell & Trading Calls

Sensex, Nifty flat; Tata Steel dips 4%, SBI & Coal India up

The market has opened flat as the Sensex is up 53.47 points at 27890.68. The Nifty is up 11.25 points at 8434.50. About 320 shares have advanced, 126 shares declined, and 68 shares are unchanged. Tata Steel tanks 4 percent after it posted a very disappointing March quarter results. Bajaj Auto, Hero, Vedanta and Tata Power are other losers in the Sensex. Gainers are Coal India, SBI, M&M, ONGC and Axis Bank. 

The Indian rupee gained in the early trade. It has opened higher by 9 paise at 63.73 per dollar versus 63.82 Wednesday. Dollar hit a three-week high against the euro, extending a rebound rally supported by European Central Bank plans to front-load its bond buying program in a move to keep interest rates low. The dollar index holds above the 95 mark.
Intraday Stock Trading Tips

SELL SYMPHONY (LCP-2233.6) BELOW 2225 TG-2205-2180

BUY PEL (LCP 1023.85) ABOVE 1025 TG-1034-1045

SELL AJANTA PHARMA (LCP-1359.9) BELOW 1356 TG-1347-1335

SELL TATA ELEXI (LCP-1188.85) BELOW 1185 TG-1176-1165

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