Indian
Share Market Trend : The Indian Share Market closed lower
following weak European cues and rupee fall. Today Rupee touches
record low. Nifty closed below 4850 levels. Sensex closed at
15,928.77 down 97.64 points and touched high of 16,002.03 and low of
15,847.03. Nifty closed at 4,831.80 down 28.70 from previous close
and touched high of 4853.75 and low of 4803.95. BSE Midcap was down
0.44% while BSE Smallcap index was 0.52% down.
The
Indian rupee has seen fall of 20 percent in last one year. This
decline in rupee creates challenges for the economy. As foreign
investors prefers to stay away from the markets.
Indian
Share Market Tips For Thursday :
-Ranbaxy
buy call above 503.50 with Stop Loss below 495 and Target of 512-520.
-Tata
Power sell call below 86 with Stop Loss above 88.65 and Target of
83.50-81.
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