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INDIAN EQUITY MARKET OUTLOOK- 18 Mar 2016

Equity Tips
Sensex, Nifty remain firm; Hindalco, TCS, BHEL jump 1-3%

The market is firm on its feet as the Sensex is up 94.58 points or 0.4 percent at 24771.95. The Nifty is up 30.95 points or 0.4 percent at 7543.50. About 977 shares have advanced, 715 shares declined, and 105 shares are unchanged.

Hindalco, TCS, Wipro, BHEL and M&M are top gainers while Lupin, Sun Pharma, HUL, Dr Reddy's and Cipla are losers in the Sensex.

The Indian rupee opened with a gain of 13 paise at 66.62 per dollar today against previous close of 66.75.

"The rupee is expected to appreciate with a strong resistance at 66.50/dollar."

"We expect the USD-INR to trade in a range of 66.50-67.20/dollar today,"

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