Opening Bell - Market firmly up; near 100-DMA |STOCK FUTURE TIPS|EQUITY RESEARCH LAB| 18 january 2017

STOCK FUTURES TIPS:-

stock future tips

The BSE Sensex opened higher by 54 points at 27273, while the Nifty50 opened higher by 22 points at 8419 mark.
 

• The Indian rupee opened higher at Rs 67.93 as against Rs 68.09 per dollar on Tuesday.

• Nifty gained momentum and touched high of 8440.90 level in the first half of the Tuesday’s trading session. FMCG sector was top gainer in the Tuesday’s trading session.

• The FTSE 100 of the U.K. declined 1.46 per cent, CAC 40 of France corrected 0.46 per cent and DAX of Germany slipped 0.13 per cent. 

 

• European market started with a weak start on Tuesday and pared losses in remaining day following the U.K. Prime Minister Theresa May. She stated that U.K. is all set for complete separation from European Union.

 

• US markets closed in red on Tuesday.

 

• The SGX Nifty index is trading flat at 8418.50.

 

• Twenty-one companies are going to announce their result on Wednesday’s trading session.

 

• Key results to watch out for in Wednesday’s trading session are KPIT, Hindustan Oil Exploration Limited, Muthoot Finance. Investors would be keen to watch the performance of these stocks in Wednesday.

Following stocks would be in focus today.

Adani Ports is trading at Rs 279 per share up by 0.83%.

Axis Bank is trading at Rs 490 per share up by 0.77%.

Tata Motors is trading at Rs 527 per share up by 0.76%.

Coal India is trading down by 0.23% trading at Rs 306 per share.

Lupin Pharmaceuticals is trading at Rs 1491 per share down by 0.3%
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