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Tuesday 7 May 2013

Latest Market Updates & Stock Tips For Today 7-May


Indian Rupee opens flat at 54.18 per dollar



The Indian rupee remained unchanged at 54.18 per dollar in opening trade Tuesday, as compared to previous day's closing.

The euro pulled back from Monday's high of 1.31 to the dollar. The dollar index was around 82.30 levels.
The range for the day is seen between 53.90-54.40/USD

SENSEX19697 23.69
NIFTY5971 27.05






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India services sector see slowest growth in 18 months: HSBC

New Delhi: India's services sector grew at its slowest pace in one and half years during the last month, as costs for raw materials, petrol and labour increased considerably, a survey said on Monday.

The pace of hiring by private sector companies was also slowest in seven months, as per a monthly HSBC India survey of services sector managers.

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  • Buy Glenmark Pharma Ltd with a target of Rs 532
  • Buy HEG Ltd with a target of Rs 212
  • SELL Axis Bank Ltd. Long Term Target 1360 Stop Loss 1525


  • BUY India Cements Ltd Med Term Target 92 Stop Loss 82 

  • BUY Reliance Industrial InfraStructure Ltd. Med Term Target 450 Stop Loss 380

  • BUY Spicejet Ltd. Short Term Target 45 Stop Loss 38 


  • BUY Unitech Ltd. Intraday Target 30.00 Stop Loss 27.70



  • BUY ICICI Bank Ltd. Intraday Target 1134 Stop Loss 1107


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2 comments:

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  2. The rupee was at 60.92/93 versus Friday’s close of 61.10/11. It fell to a record low of 61.21 on July 8. Agri commodity news

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