Share Market News and Tips

The market opened flat with a negative bias on Monday, tracking weakness in Asian peers and fall in FMCG and private banks stocks. 

The 30-share Sensex was down 59.96 points at 28833.01 and the 50-share NSE Nifty fell 21.65 points to 8917.85. 

ITC and Idea Cellular were biggest losers, down more than 2 percent followed by Maruti Suzuki, HDFC Bank, M&M, HDFC, BPCL and Bosch. 

Reliance Industries continued its run up, up more than 2 percent. GAIL, L&T, ONGC, Infosys, Aurobindo Pharma and Coal India were other gainers. 

The Indian rupee gained in the early trade today . It has opened higher by 8 paise at 66.75 per dollar against Friday’s close of 66.83. 

Share Market Tips OPENING BELL BY TRADEINDIA RESEARCH

SENSEX UP + 17.53 @ 28910.50

NIFTY FUTURE DOWN – 2.20 @ 8939.95

BANK NIFTY FUTURE DOWN – 30.65 @ 20863.00

USD/INR 66.6850

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