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| stock future tips |
the BSE Sensex opened higher by 7 points at 29538, while the Nifty50 opened absolute flat at the 9143 mark.
- IndusInd Bank is the top Nifty gainer and Axis Bank is the top Nifty loser. IndusInd Bank is trading higher by 0.8% at Rs 1410 per share and Axis Bank is trading lower by 1.46% at Rs 496 per share.
- The Automobile stocks are trading with mixed sentiments. Tata Motors is trading down by 0.8% at Rs 465.3 per share. Hero Moto Corp is trading up by 0.6% at Rs 3244 per share.
- There are 839 advances, 518 declines and 423 unchanged stocks on NSE reflecting strong positive bias floating in the market.
- If Nifty manages to cross the hurdle of 9,175, it has the potential to extend its up move up to the level of 9,220. On the downside, immediate support stands at 9,125-9,135 and breach of this support zone may open gates for correction up to the level of 9,070.
- The Rupee opens higher at 64.87 per US dollar against Wednesday's close of 64.90.
- The US stocks ended Wednesday’s session mostly higher, with Nasdaq Composite registering its fourth consecutive daily gain. The S&P 500 ended the session in the green. However, bucking the trend, Dow Jones Industrial Average closed with modest losses of 42 points at 20,659.
- Asian markets are trading subdued on Thursday. Japan’s Nikkei 225 shed 48 points, Hang Seng is trading lower by 82 points and Shanghai Composite is trading with losses of 15 points.
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