LIVE STOCK MARKET FUTURE TRADING TIPS FOR 22 JANUARY 2016

The market opened on a confident note Friday. The Sensex is up 218.34 points or 0.9 percent at 24180.55 and the Nifty is up 78.90 points or 1 percent at 7355.70.

BHEL, Axis Bank, Axis Bank, ICICI Bank, Tata Steel and Hindalco are top gainers in the Sensex. InterGlobe Aviation is down 6 percent while Idea slips 3 percent post December quarter results.

The Indian rupee recovered in the early trade post breaching 68 level in the yesterday's session. It opened higher by 24 paise at 67.78 per dollar versus 68.02 Thursday.

BUY BANK OF INDIA FUTURE ABOVE 98 TG 98.75, 99.75, 101.25 SL 96.70,

BUY AXIS BANK FUTURE ABOVE 419 TG 421, 424, 428 SL 416, 

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LIVE MARKET UPDATES: Nifty hovers around 7930 ahead of F&O expiry; ICICI drags

Equity benchmarks continued to consolidate ahead of expiry of December derivative contracts (due on Thursday). Infra and metals stocks gained while heavyweights Reliance Industries and ICICI Bank dragged. 

The 30-share BSE Sensex rose 1.94 points to 26081.42 and the 50-share NSE Nifty was up 1.85 points at 7930.80. 

The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising nearly half a percent. The market breadth was positive as nearly two shares advanced for every share declining on the Bombay Stock Exchange. 

ICICI Bank, Reliance Industries, Lupin, Sun Pharma, Hero Motocorp and Bajaj Auto fell 0.3-0.9 percent.

The Foreign Investment Promotion Board (FIPB) today cleared four FDI proposals, including that of HDFC Standard Life Insurance, totalling about Rs 1,810 crore.


WATCH DAILY: CAPITAL GROW FINANCIAL SERVICES

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