Rupee slips 30 paisa to trade at 81.87 against US Dollar
Sell TCS, buy HUL: Rahul Mohindar
Here are two recommendations by Rahul Mohindar of viratechindia.com:
— Sell TCS for a target of Rs 2,980-2,940 with a stop loss at Rs 3,045
— Buy Hindustan Unilever Ltd (HUL) for a target of Rs 2,800 with a stop loss at Rs 2,680
Adani Enterprises to be included in Nifty50 index from September 30
Adani Enterprises, according to Edelweiss Alternative Research will attract inflows of $336 million as part of its inclusion in the Nifty 50 index. (Read more)
CE Info (MapmyIndia) in focus after bagging an order from Delhi Govt
Sell Titan, Buy Divi’s Labs: Sacchitanand Uttekar
Here are two recommendations by Sacchitanand Uttekar of Tradebulls:
— Sell Titan for a target of Rs 2,480 with a stop loss at Rs 2,610
— Buy Divi’s Laboratories for a target of Rs 3,820 with a stop loss at Rs 3,710
Lupin gets warning letter from US FDA for Tarapur Unit
Adani Green Energy commissions 600 MW wind-solar hybrid power plant in Rajasthan
United Breweries launches new brand variant ‘Heineken Silver’ in the premium beer category
Sensex and Nifty50 likely to finish September F&O series in the red
At Wednesday’s close, the 50-scrip benchmark is down 3.8 percent for the current monthly series. The September F&O series is set to be the first negative monthly series after two back-to-back positive series.
Here’s how the Nifty fared in the past three series:
–August: up 3.5 percent
–July: up 7.3 percent
–June: down 2.4%
Tata Motors, Tata Steel and IndusInd top blue-chip gainers
Market At Open | Sensex up 400 pts and Nifty50 6 pts shy of 17,000
Stocks To Watch | Tata Motors, Nykaa, Godrej Consumer and Ramco Cements in the spotlight
Global Cues | Brent crude inches towards $90 a barrel mark
Asian markets in the green
Equities in other Asian markets begin Thursday in the green, following an overnight jump on Wall Street on the back of falling Treasury yields. MSCI’s broadest index of Asia Pacific shares outside Japan is up 0.9 percent at this hour.
–Japan’s Nikkei 225: up 0.3 percent
–China’s Shanghai Composite: up 0.8 percent
–Hong Kong’s Hang Seng: up 1.3 percent
–S&P 500 futures: down 0.3 percent
Wall Street indices staged a comeback on Wednesday
The three main US indices finished sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.
–Dow Jones: up 1.9 percent
–S&P 500: up two percent
–Nasdaq Composite: 2.1 percent
Sensex and Nifty50 hit 2-month closing lows on Wednesday
Indian equity benchmarks hit fresh two-month closing lows on Wednesday as the market continued to fall for the sixth session in a row. Globally, nervousness persisted among investors amid fears of steep rate hikes and their impact on economic growth. (Read more on the Sept 28 session)
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