Rupee Gains for Sixth Day, Rises to 63.32 Against Dollar

Mumbai(Sharemasterindia.com): Rising for the sixth straight day, the rupee strengthened by 8 paise to 63.32 against the dollar in early trade today at Interbank Foreign Exchange on sustained selling of the American currency by exporters and banks.Forex dealers said increased capital inflows as well as higher opening in the domestic equity supported the rupee.

Live: Sensex Gains 90 points, Nifty Scales 8,550 on Drop in Crude Oil Prices

Sharemasterindia.com 9:20 a.m.: The Sensex edged higher in the opening deals on the back of buying interest seen in most of the sectors. The BSE benchmark jumped 60 points to 28,269 and the Nifty advanced 17 points to 8,539.

Most of the sectors were witnessing buying interest. Banking, metal, consumer durables, auto, FMCG, pharma and capital goods indices were up 0.2-0.7 per cent each.

The broader markets were also witnessing buying interest. The BSE mid-cap and small-cap indices were up 0.6 and 0.7 per cent each respectively.

Sure Shot Hot Stock Intraday Tips (Dated: 07-07-2015)

Sure Shot Hot Stock Intraday Tips (Dated: 07-07-2015)

JETAIRWAYS @ 308.50

Buy JETAIRWAYS above 308.50 with strict stoploss below 302 for intraday targets 312.50/ 321.

Read more Intraday Hot Stock Trading Tips

Live: Sensex Showcases Smart Recovery, Rallies 460 Points From Lows

Sharemasterindia.com 3:21 p.m.: The European markets have also come off the intraday low levels. Germany's DAX was down 0.6 per cent, French CAC40 index was down 0.7 per cent and FTSE 100 was slipped 0.3 per cent.

3:12 p.m.: Hemen Kapadia of K R Choksey Securities says that one can buy HCL Tech, TCS and Infosys ahead of results.

3:08 p.m.: The Sensex has advanced 112 points at 28,204 and Nifty advanced 38 points to 8,523 levels. Analysts say that the sudden buying is coming on the back of short covering.

3:05 p.m.: Marksans Pharma, Sundaram Multi Pap, Elder Pharma, Arvind Remedies, Trident Ltd and Esaar (India) Ltd were among the top gainers from the small-cap space.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers

Gainers
Symbol	LTP	% chng	Volume
CIPLA DRREDDY BPCL GRASIM ASIANPAINT	654.75 3,718.85 933.00 3,572.00 786.00	3.67 3.65 3.34 1.86 1.72	21,93,300 4,78,128 24,81,669 53,079 6,52,443

 

Losers
Symbol	LTP	% chng	Volume
VEDL NMDC TECHM HINDALCO POWERGRID	163.15 115.55 464.00 109.00 139.80	-3.00 -1.87 -1.61 -1.45 -1.20	58,39,253 21,23,276 26,48,416 44,80,122 11,66,541

Do visit for: NSE Top Gainers & Losers

Kesoram Industries Surges 15% in Two Days on Acquisition Buzz

Sharemasterindia.com: Kesoram Industries shares rose as much as 8 per cent to an intraday high of Rs 88.70 on Monday, extending its gain to nearly 15 per cent in two sessions.
 
On Friday, Kesoram Industries rose 5.6 per cent. Shares of Kesoram Industries witnessed strong buying interest after Economic Times reported that JK Tyre is likely to Kesoram's tyre unit Birla Tyres.

Live: Sensex Off Day's Low; Recovers on Buying in Pharma, Oil Stocks

Sharemasterindia.com 1:40 p.m.: Real estate stocks are also witnessing buyers interest. The BSE realty index was up 0.5 per cent; HDIL, Oberoi Realty, DLF, NBCC, Sobha and Godrej Properties were among the top gainers.

1:28 p.m.: Kesoram Industries shares rose as much as 8 per cent to an intraday high of Rs 88.70 on Monday, extending its gain to nearly 15 per cent in two sessions.

 1:20 p.m.: Pharma stocks are leading the recovery in the markets. CNX pharma index has advanced over 1 per cent. Dr Reddy's Labs, Cipla, Divis Labs, Lupin and Sun Pharma were also among the top gainers.