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Monday, February 15, 2016

INDIAN EQUITY MARKET OUTLOOK- 16 Feb 2016

Stock Tips
The market extended rally further as equity benchmarks opened higher amid volatility. The Sensex rose 87.23 points to 23641.35 and the Nifty climbed 24.90 points to 7187.85.

ONGC, Tata Motors, Adani Ports, Tata Steel, Cipla, Cairn India and Idea Cellular were early gainers while Infosys, TCS, HDFC, Bank of Baroda and Asian Paints were under pressure.

The Indian rupee erased some previous day's gains in early trade Tuesday. The currency has opened at 68.13 a dollar, down 7 paise compared to 68.06 a dollar in previous session.

On the global front, Asian markets traded higher with the Shanghai rising nearly 3 percent and Hang Seng up 1.8 percent.

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