OPENING BELL BY TRADEINDIA RESEARCH
SENSEX UP + 37.19 @ 28810.32,
NIFTY FUTURE UP + 0.80 @ 8885.25,
BANK NIFTY FUTURE UP + 26.70 @ 20188.80,
USD/INR – 66.86.
Buy, sell or hold: Morgan Stanley downgraded ACC and Ambuja to underweight and says JK Lakshmi is a preferred midcap play. It says UltraTech is top pick in the sector and turned overweight from underweight on Shree Cement .
The market has opened flat. The Sensex is down 21.82 points at 28751.31, and the Nifty down 11.15 points at 8856.30. About 763 shares have advanced, 466 shares declined, and 88 shares are unchanged.
The Indian rupee opened lower by 30 paise at 66.96 per dollar on Friday against previous close of 66.66.
Latest news and updates about stock market and commodity market by best advisory company with latest trading strategy.
Stocks in news: L&T Technology Services | L&T | DLF | BHEL | Majesco | Adani Enterprises | Sun Pharma | Bharat Financial Inclusion | BPCL | Morepen Labs | Websol Energy | Den Networks | NHPC and Indian Hotels are stocks, which are in the news today.
Indian ADRs ended higher on Thursday. In the IT space, Infosys gained 0.74 percent at USD 16.25 and Wipro rose 0.31 percent at USD 9.84. In the banking space, ICICI Bank added 1.11 percent at USD 8.20 and HDFC Bank was down 0.51 percent at USD 72.86. In the other sectors, Tata Motors gained 0.53 percent at USD 41.73 and Dr Reddy’s Laboratories was up 1.94 percent at USD 47.70.