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Thursday, January 14, 2016

INDIAN EQUITY MARKET OUTLOOK- 15 Jan 2016

Stock Tips
The market has opened volatile on last day of the week following mixed Asian cues. Investors digested crude oil correction and China concerns. The 30-share BSE Sensex rose 66.42 points to 24839.39 and the 50-share NSE Nifty advanced 13.45 points to 7550.25.

Infosys, Dr Reddy's Labs, Tata Steel, Maruti Suzuki, Hindalco, Vedanta and Idea Cellular gained 1-2 percent while ONGC, Tata Motors, Larsen & Toubro, ITC, HDFC Bank, HCL Technologies and Kotak Mahindra Bank were losers in early trade.

The Indian rupee slipped in the early trade today. It opened lower by 6 paise at 67.35 per dollar versus 67.29 Thursday.

Dollar gain bolstered by gains in the US stock market and a rebound in oil prices.

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