The market has cooled
off a bit from early gains as the Nifty struggles below 8100. The 50-share
index is up 18.65 points or 0.2% at 8079.35.
The Sensex is up 99.24
points or 0.4 % at 26689.83. Tata Motors is still up 6 %while Bajaj Auto,
M&M, HUL and Hero MotoCorp are top gainers while GAIL, Axis Bank, TCS,
Bharti Airtel and ICICI Bank are laggards.
INDIAN RUPEE:-
The rupee pared its initial gains, but was still higher by 6 paise to 65.58
against the US currency in late morning trade on sustained bouts of dollar
selling by banks and exporters.
The Indian rupee opened
higher at 65.56 as against yesterday's level of 65.64 at the Interbank Foreign
Exchange (Forex) market. It hovered in the range of 65.52 to 65.62 per dollar
during the morning deals, before quoting at 65.58 at 1030 hours. The dollar
index is currently trading up by 0.13 percent at 97.31 against a basket of six
currencies.
HNI CALL : BUY BGR ENERGY ABOVE 114 TGS 116-118 STOPLOSS 111
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