Nifty starts Feb series Higher

The market has opened February Futures and Options (F&O) series on a strong note with the Nifty above 8600. The Nifty is up 22.05 points or 0.3 percent at 8624.80 while the Sensex is up 122.76 points or 0.4 percent at 27830.90. 

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GAIL, BHEL, ICICI Bank, TCS and Sun Pharma are top gainers while Wipro, Dr Reddy’s Labs, Lupin and Tata Steel are losers in the Sensex. 

The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday’s closing of 68.08. 

Crude prices declined marginally after 2 percent surge overnight as plentiful supplies and bulging inventories put a cap on gains. 

Stocks Bullish plays-HDFC Bank, TCS, Maruti Suzuki, NBCC

The market has kick-started January Futures and Options (F&O) series on a flat note. The Sensex is up 54.61 points or 0.2 percent at 26420.76 and the Nifty is up 16.05 points or 0.2 percent at 8119.65.

Stock Future Tips Cipla, ONGC, Maruti, Axis Bank and Asian Paints are top gainers while HDFC, Wipro, Bharti Airtel, Infosys and Reliance are losers in the Sensex. 

The Indian rupee gained in the early trade. It has opened higher by 15 paise at 67.95 per dollar versus 68.10 Thursday. 

Claris Lifesciences | Aurobindo Pharma | Jagran Prakashan | Sical Logistics and Bharat Financial Inclusion, are stocks which are in news today. 

Nifty (8104)          

Support: 8000

Resistance: 8228                    

Bank Nifty (18033)  

Support: 17800

Resistance: 18300

Stocks  Bullish plays       

Future Tips: HDFC Bank   : Break out

Target: Rs 1220

Stop loss: Rs 1190   

Maruti Suzuki   : Bounce back

Target: Rs 5470

Stop loss: Rs 5260

NBCC

Target: Rs 243

Stop loss: Rs 233

TCS  

Target: Rs 2385

Stop loss: Rs 2330