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Sunday, July 17, 2016

Equity Tips

Nifty inches towards 8600, Sensex strong; ONGC, Bharti laggards

The market is on a surge with keen eyes on the monsoon session of Parliament that begins today. The Sensex is up 164.21 points or 0.6 percent at 28000.71 and the Nifty is up 40 points or 0.5 percent at 8581.40. About 1503 shares have advanced, 701 shares declined, and 117 shares are unchanged.

Bajaj Auto, Tata Motors, Maruti, Axis Bank and Reliance are top gainers in the Sensex while Bajaj Auto, Tata Motors, Maruti, Axis Bank and Reliance are laggards.

The Indian rupee has opened lower by 9 paise at 67.15 per dollar against Friday's closing value of 67.06 a dollar. Turkey's Lira recouped losses as concern eased following a failed coup attempt in Turkey. The nation's currency plunged the most in eight years against the dollar on Friday. Meanwhile, the yen declines against the dollar.

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