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Tricks and Tips

Thursday, 10 March 2016

Nifty reclaims 7500, Sensex firm; Reliance up, Sun Pharma down

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The market has opened on a flat note again due to muted global cues. The Sensex rose 32.27 points to 24655.61 and the Nifty advanced 8.50 points to 7494.65.

Reliance Industries, Hindalco Industries, NTPC, Larsen & Toubro, Coal India, BPCL and Tech Mahindra were early gainers while Sun Pharma, ICICI Bank, BHEL, M&M, SBI, IndusInd Bank and Bank of Baroda lost ground.


The Indian rupee has opened at 67.16 a dollar, lower by 9 paise compared to 67.07 a dollar in previous session.


Asian markets were trading mixed with Nikkei down 0.89 percent from yesterday’s close while KOSPI and Hang Seng trading in green.


BHEL has commissioned a 500 Mw unit at Anpara-D thermal power plant in Uttar Pradesh. The stock is trading flat.

HDFC Bank has chosen five start-ups it will work with to strengthen their web, mobile and payment offerings. The stock is up 0.5%.

Jindal Steel & Power (JSPL) is in the process of rescheduling its debt with foreign lenders. The stock is up 2.5%.
Reliance Industries will pay a total of Rs.3,140 crore in interim dividend to shareholders, including the promoters. The stock is trading 1% higher.




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