Top Ten Stock Trading Tips, SEBI Registered Investment Advisory Company:
Share markets opened higher on Thursday with Sensex & Nifty beginning in the green ahead of the expiry of Future & Option contracts today. BSE Sensex traded higher by 0.05 points to 33,911.86, while the NSE Nifty-50 rose 7.05 points to 10,497.80 in the later morning hours.
Shares of State bank of India, Sun Pharma, Tata Steel, Dr Reddy’s, Coal India, HDFC, HDFC Bank and Hindustan Unilever gained up to 1 percent while Yes Bank, Axis Bank, Hero MotoCorp, TCS, Bajaj Auto and Kotak Mahindra Bank lost up to 0.75%.
The stock of RCom rose 19.86% to the day’s peak of Rs 34.4 on NSE while it rose 15.65% to the day’s high of Rs 33.24 on BSE.
Metal stock rise on NSE, the Nifty Metal Index rose 1 percent in early trade tracking higher global commodity prices. Global copper prices rose overnight to their maximum levels in 3 years following strong import numbers from China. Shares of Hindustan Copper Limited rose over 5 percent.
The Nifty50 is expected to open lower on Monday following Asian markets which were trading mixed as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve.
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