Share Market Tips- Nifty Opens Above 7900

Sensex is up 71.46 points or 0.3 percent at 25878.56, and

Nifty up 18.15 points or 0.2 percent at 7926.40.

Share Market Tips: Tata Steel, ITC, Cipla, Adani Ports and ONGC are gainers while Hero MotoCorp, Axis Bank, Wipro, M&M and Dr Reddy’s Labs are losers in the Sensex.

Godrej Industries | Shilpa Medicare | RCI Industries | Jindal Poly Films | Capital First | Empee Distilleries | Apollo Hospitals | Kaya | Bharti Airtel | Lupin | PVR and SREI Infra are stocks, which are in news today. 

Nifty traded in the range of 7900-7938 before closing at 7917.

Future Tips: Bank Nifty is also trading down below the gap level of previous month low of 17911 and closed yesterday at 17700 with a possible price target of 17346.

Nifty Future is opening at 7924 as per SGX Nifty at 8:30 am IST, 6 points above its previous close of 7918. 

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Equity benchmarks extended gains in morning with the Nifty holding 8150 level, supported by banks and healthcare stocks. The broader markets continued to outperform benchmarks from the beginning of the week. 

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The 30-share BSE Sensex was up 96.89 points at 26490.90 and the 50-share NSE Nifty rose 30.80 points to 8172.95 while the BSE Midcap and Smallcap indices increased 0.75 percent and 1 percent, individually. 

About three shares progressed for each share falling on the exchange.

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Cement stocks gained strength today. Grasim, Ambuja Cements and ACC climbed over 2 percent. 

ICICI Bank, TCS, Adani Ports, Maruti Suzuki, SBI, Sun Pharma and Lupin rose 1-2 percent while ITC, Reliance Industries, NTPC and Tata Steel were under pressure. 

Idea Cellular | Lupin | Tata Power | Oil India | National Fertilizers | Bharat Forge | Wanbury | Vivimed Labs | Ramco Cements | Sarda Energy | HCC | Indian Hotels | Eros International and SAIL are stocks, which are in the news today. 


SENSEX UP + 47.01 @ 26441.02,

NIFTY FUTURE UP + 14.50 @ 8186.55,

BANK NIFTY FUTURE UP + 58.65 @ 18350.45.

USD/INR – 68.67.

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