Today Sensex made a new all time high and also Nifty future sustain and closes above crucial 11000 level but most of the stock has not participate in this rally as today Advance Decline ratio was once again negative with 754 stocks advances and 981 stocks decline today . Reliance Ind was today’s top gainer which gain more than 4% today and help Index to gain today. » Read more
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It’s a green start to the market and the Nifty has managed to reclaim 11,000 in the opening tick. It has achieved the the feat for the first time since February 1. The Sensex is touched an all-time high mark as well and is up over 180 points as well. The Sensex is up 187.13 points or 0.52% at 36,453.06, while the Nifty is up 65.40 points or 0.60% at 11,013.70. The market breadth is positive as 502 shares advanced, against a decline of 139 shares, whereas 41 shares are unchanged. All sectoral indices are trading in the green, with maximum gains in PSU banks, energy and metal names, while midcaps, too, are trading almost a percent higher. The Indian rupee opened flat at 68.76 per dollar on Thursday against previous close 68.77. Rupee consolidated in a narrow range of 68.50 and 69.00(Spot) despite strength in the dollar against its major crosses and volatility in global crude prices. On the domestic front, volatility for the USDINR pair could be confined to a narrow range ahead of inflation and industrial production number that will be released today.
BEST INTRADAY TIPS : 12th JULY (THURSDAY)
BUY ?-?-?-?-?-? ABOVE 1166 TARGET 1178 WITH SL 1154
BUY ?-?-?-?-?-? ABOVE 1011 TARGET 1019 WITH SL 1003 TOTAL 7 LOTS