The market has opened flat on Tuesday. The Sensex is up 1.14 points at 25286.51, and the Nifty is down 1.85 points at 7702.40. About 348 shares have advanced, 115 shares declined, and 32 shares are unchanged.
BHEL, Axis Bank, L&T, Cipla and NTPC are top gainers while Hero, Adani Ports, HDFC, ITC and Infosys are losers in the Sensex.
The Indian rupee opened marginally lower at 66.58 per dollar against previous close of 66.53.
The dollar got a mild boost from the suggestion that interest rate hikes could be on the way sooner rather than later.
Japan's Nikkei stock index added 2.1%, reopening after a public holiday on Monday and getting a tailwind from a weaker yen.
U.S. crude prices dipped after gaining overnight on data showing a drawdown at the Cushing, Oklahoma delivery hub.
Prices fell about 0.3% to $41.40 a barrel after rising 1.19% in the previous session. Brent fell 0.4 percent to $41.36 after settling up 0.8% on Monday.
NTPC's installed capacity has increased to 45,798 MW after commissioning of a 250 MW Unit-I of its arm at Nabinagar. The stock is up 0.4%.
Bharti Airtel is continuing to monetise its passive infrastructure assets in Africa. The company said on Monday it had entered into an agreement with American Tower Corporation (ATC), through its subsidiary, Airtel Tanzania, to sell 1,350 towers in the latter country. Analysts estimate the deal size to be $180 million.The stock is trading flat.
Himachal Futuristic Communications is entering into the defence equipment manufacturing business, a media report said. The stock has soared 5%.
Get real time advice for Intraday Trading Tips , Share Market Live , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips , and all Maket Updates .
You must have the basic technical knowledge if you are a professional intra-day trader but now you can hire a investment advisor like Epic Research which can guide you and provide best technical market analysis.
ReplyDelete