Intraday Stock Tips For Tomorrow 18 Sept

BUY BIOCON ABOVE 283

TG-288

SL-279

BUY STEEL STRIPS WHEELS ABOVE 234

TG-237

SL-231.5

BUY APOLLO TYRES ABOVE 102.5

TG-103.5

SL-101.3

Indian shares closed higher for the ninth consecutive session Monday, rising more than 1200 points in nine sessions. The rally was helped by consistent inflow of foreign money that lifted the rupee to 54 against the US dollar, a third quantitative easing by the Federal Reserve, favourable German's Constitutional court ruling, diesel price hike and FDIs approval in retail, aviation & broadcast carriage services sectors.

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Equity Market Report For 10 May

MARKET WRAP


 Nifty ended moderately down losing 25 pts and Sensex was down 66 pts. 


 Germany Industrial production m/m came better than expected at 2.8% vs 0.8%  


 Britain’s BRC Retail sales monitor y/y came less than expected at (-) 3.3%. 


The Nifty closed below 5000 as negativity prevailed in the markets. Barring FMCG and IT, all sectoral indices closed negative with realty, metal, banking and power being the worst performers. Global weakness weighed on the Indian markets too as uncertainty loomed large over Europe post election results in France and Greece. 


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